Use your money wisely. Invest or Deposit ?

[Wong Goblog]

Don't ever get carried away with current money which we think is a lot, there have been many stories when people had a lot of money and then went bankrupt, the thing they do is waste money in vain never thinking about investing so when the money runs out they regret it and this is already late.

[adiksau0414]

Just end up watching the financial guru on how things going on their way. I'm not sure if I watched the correct person but I must say he got a point. Investing is the best option cause if we deposit cash in banks there are different regulations we must be aware of. Of course depending on what kind of investment we are aiming for. Always asked for financial strategist an advice before spending your money in investments.   

[Taskford]

Don't ever get carried away with current money which we think is a lot, there have been many stories when people had a lot of money and then went bankrupt, the thing they do is waste money in vain never thinking about investing so when the money runs out they regret it and this is already late.

Some of them got bankrupt because they do wrong decision maybe on their investment and also with their spendings. If they could just think about spreading their wealth on good investment and hire a professionals to help them with their finances maybe they can save from getting bankrupt.

People need to know that money is temporary and if they are not careful on what they do with it they could lose everything they had.

[Bitcoin2009]

I think the most important thing is to keep looking for sources of income, when we are busy looking for income then we automatically don't have time to use money extravagantly, if we only focus on spending then I'm sure we won't be successful, in life there are many things or unexpected expenses.

[xSkylarx]

Don't ever get carried away with current money which we think is a lot, there have been many stories when people had a lot of money and then went bankrupt, the thing they do is waste money in vain never thinking about investing so when the money runs out they regret it and this is already late.

Some of them got bankrupt because they do wrong decision maybe on their investment and also with their spendings. If they could just think about spreading their wealth on good investment and hire a professionals to help them with their finances maybe they can save from getting bankrupt.

People need to know that money is temporary and if they are not careful on what they do with it they could lose everything they had.

There are only two ways that you will lose a significant amount of money: not tracking your spending and the second is you get scammed, or your investment gets lost because you don't do your research; it's your fault. Though hiring a professional to help you manage your money is good, it is still best to do it on your own or try to learn it first because hiring a professional is expensive. Also, you only rely on him, and you don't know at all what is he doing. It is best to know first before hiring a professional to support you.

[blockman]

Investment is the best option for managing our finances, don't get carried away when we get money and income so we always use it for things that are not useful, for example, being too wasteful or buying a lot of things we don't need, sometimes we have to force investment so that we get used to it and are disciplined.

It is actually the best option but not all people have the appetite to take risks in investments. That's why when I'm suggesting my real-life friends, I'm telling it quickly if they're for investment then they should be open to taking risks but if not then they start the principle of saving and growing it through investing. In the beginning, they may not be open to it because they are scared of the risk but it won't be like that forever as it will open their minds about the reality of finances and financial freedom.

[posi]

Don't ever get carried away with current money which we think is a lot, there have been many stories when people had a lot of money and then went bankrupt, the thing they do is waste money in vain never thinking about investing so when the money runs out they regret it and this is already late.

Some of them got bankrupt because they do wrong decision maybe on their investment and also with their spendings. If they could just think about spreading their wealth on good investment and hire a professionals to help them with their finances maybe they can save from getting bankrupt.

People need to know that money is temporary and if they are not careful on what they do with it they could lose everything they had.

Not only do we need to allocate our assets to invest, but we also need to allocate them to save. There is no good investment without risk, once called a profitable investment, there will be risks. Money is hard to come by, and if we misuse it, it all disappears instantly. So, when we have a lot of money, we should never lose our mission or get carried away with our money.
Yes, money is temporary, can come very quickly and go very quickly.

[odunybiz]

Analysing the interest rate from the bank, each year I get a 3% interest which equals up to a $3,000 increment yearly. But with bitcoin at 17,000 at purchase time in a year if bitcoin grows up with a 1,000 price up (moves to $18,000) I will have my assest increased by 6,000 or so. And with bitcoin price at this low I expect it to get higher than that In year. Further more since it is an amount I could do away with I will readily invest it in a thing that stores my value. With it been in the bank I could face devaluation of that currency over time.

This isn't easy as said. It hard to say $100,000 is a money you can do without. Let's always remember crypto votality when try to invest our capital. What of if Bitcoin drops to $10,000 or lesser after buying. Although I too will prefer to invest but in a diversify way.

[odunybiz]

Of course depending on what kind of investment we are aiming for. Always asked for financial strategist an advice before spending your money in investments.   

Not all investment worth it. I ones invested few hundred dollars in a posi scheme and I was scammed. Isn't that an investment too? The kind of investment you choose determine your achievement. Like he has said it is better for one to consult a financial strategist before investing in any business.

[stomachgrowls]

Of course depending on what kind of investment we are aiming for. Always asked for financial strategist an advice before spending your money in investments.   

Not all investment worth it. I ones invested few hundred dollars in a posi scheme and I was scammed. Isn't that an investment too? The kind of investment you choose determine your achievement. Like he has said it is better for one to consult a financial strategist before investing in any business.

Of course you should stick into those realistic ones and wouldn't be touching up those too good to be true offers made out by those HYIPs and ponzis which is something that cant really be realistic if you do mind off the

realistic way.Thing here is that you do make yourself got greedy and made out some investments.Yes, its considered investment because you are putting something to earn something but going into that realistic side of things when it comes to interest and profits then using up your own common sense that would tell you that this is something which cant really be that true or long lasting.
I do have bad experiences about ponzi back in the past thats why its better to make yourself that sensible on every actions made.

[Punakawan]

As human beings we have to think realistically that sometimes life can change and we can't refuse, right now we may have a lot of assets and money, but we don't know what will happen a year, 10 or 20 years from now, there are many stories of rich people going bankrupt and lots of debt, investment makes us able to maintain wealth.

[reagansimms]

0.5% interest rate is the highest the bank has ever offered, but never mind, let's say 3% you earn annually on your deposit. $100,000 cold cash is a lot of money, obviously I'll be managing well in the hope it can increase even more. I will try to allocate 50% of the money to buy BTC, of course for a long term plan. As we know, Bitcoin is able to survive in any situation and when the time comes it will reach ATH which is hard for anyone to believe. 30% for buying gold and the rest for daily trading.

Careful planning will have a greater chance of doubling the initial capital. Deposits at the bank are not wrong, the capital remains intact and the annual interest rate is predictable. Even though Bitcoin investment does not guarantee a profit, most cases that have occurred after the market is moving sideways, there will be Bullish which can make investors increase the amount of their savings.

[bitgov]

As human beings we have to think realistically that sometimes life can change and we can't refuse, right now we may have a lot of assets and money, but we don't know what will happen a year, 10 or 20 years from now, there are many stories of rich people going bankrupt and lots of debt, investment makes us able to maintain wealth.

this year I have made up my mind that I will never invest my money foolishly
I made such a big mistake - and after that i think it is good to deposit and stay happy on what you have rather than losing a big amount.

[erep]

this year I have made up my mind that I will never invest my money foolishly
I made such a big mistake - and after that i think it is good to deposit and stay happy on what you have rather than losing a big amount.

You have to have analysis to invest, make sure you don't invest 100% for current price condition and leave 50% of investment fund for reserve fund because some factors show indicator of potential downside $14k and I will use reserve fund to buy BTC at price below $14 k. There are many cases of investment losses nowadays because many traders buy altcoins and these market conditions are unfavorable for altcoin holders, so it is wise to choose investments only for Bitcoin in the long term.

[og kush420]

this year I have made up my mind that I will never invest my money foolishly
I made such a big mistake - and after that i think it is good to deposit and stay happy on what you have rather than losing a big amount.

You have to have analysis to invest, make sure you don't invest 100% for current price condition and leave 50% of investment fund for reserve fund because some factors show indicator of potential downside $14k and I will use reserve fund to buy BTC at price below $14 k. There are many cases of investment losses nowadays because many traders buy altcoins and these market conditions are unfavorable for altcoin holders, so it is wise to choose investments only for Bitcoin in the long term.

i have been scammed and after that it took me almost 6 months to recover the loss.
I lost trust on people and on all the investment schemes.

[Pamadar]

Investment is the best option for managing our finances, don't get carried away when we get money and income so we always use it for things that are not useful, for example, being too wasteful or buying a lot of things we don't need, sometimes we have to force investment so that we get used to it and are disciplined.

It is actually the best option but not all people have the appetite to take risks in investments. That's why when I'm suggesting my real-life friends, I'm telling it quickly if they're for investment then they should be open to taking risks but if not then they start the principle of saving and growing it through investing. In the beginning, they may not be open to it because they are scared of the risk but it won't be like that forever as it will open their minds about the reality of finances and financial freedom.

If they are willing to listen and take things seriously they'll be able to start things the right way,  though I also see that there are people who are already satisfied with what they've got for now.

Not thinking for the bigger future to come and how important  it is in terms of financial freedom,  
invest or save  both are important  if you have that good knowledge  in managing your money.

[milewilda]

Investment is the best option for managing our finances, don't get carried away when we get money and income so we always use it for things that are not useful, for example, being too wasteful or buying a lot of things we don't need, sometimes we have to force investment so that we get used to it and are disciplined.

It is actually the best option but not all people have the appetite to take risks in investments. That's why when I'm suggesting my real-life friends, I'm telling it quickly if they're for investment then they should be open to taking risks but if not then they start the principle of saving and growing it through investing. In the beginning, they may not be open to it because they are scared of the risk but it won't be like that forever as it will open their minds about the reality of finances and financial freedom.

If they are willing to listen and take things seriously they'll be able to start things the right way,  though I also see that there are people who are already satisfied with what they've got for now.

Not thinking for the bigger future to come and how important  it is in terms of financial freedom,  
invest or save  both are important  if you have that good knowledge  in managing your money.

Managing not only on other things but also in finances is really that something which is really that needed.We are living on a world where inflation does hits hard and if you are that someone who do mind off about finances
and other things then you might be ending up on being having that hard time in near future. Invest on what you can afford to lose though because not all investments would really be ending up on positive which means
risk taking is really something that you would need. When making up allocation then it would be pertaining into different thing which you should really be thinking
that it would really benefit you out on ahead. You should be wise on every decisions you should make in life.

[blockman]

It is actually the best option but not all people have the appetite to take risks in investments. That's why when I'm suggesting my real-life friends, I'm telling it quickly if they're for investment then they should be open to taking risks but if not then they start the principle of saving and growing it through investing. In the beginning, they may not be open to it because they are scared of the risk but it won't be like that forever as it will open their minds about the reality of finances and financial freedom.

If they are willing to listen and take things seriously they'll be able to start things the right way,  though I also see that there are people who are already satisfied with what they've got for now.

Not thinking for the bigger future to come and how important  it is in terms of financial freedom,  
invest or save  both are important  if you have that good knowledge  in managing your money.

I like that mindset that they just have to start somewhere and you said is right. They just have to start so that they can know what paths they'll take.
And for those that are already satisfied with what they've got, it's only a matter of thing to them. If they want to find something else that wants to change something from their way of living, they'll have to invest and take the risk or else, they will remain stagnant and just be happy wherever they are and whatever they do.

[Ryu_Ar1]

And for those that are already satisfied with what they've got, it's only a matter of thing to them. If they want to find something else that wants to change something from their way of living, they'll have to invest and take the risk or else, they will remain stagnant and just be happy wherever they are and whatever they do.

I think when humans still think logically, they will still keep looking and will never be satisfied with their current achievements so they will continue to start over what they think is profitable for life.
Investing and taking risks are things that are actually quite important in this case because of course all forms of decisions will have risks and consequences that are accepted because that is what makes us more able to make life better. As long as we don't dare to take risks, we will never change and will not be able to make ourselves valuable.

[blockman]

And for those that are already satisfied with what they've got, it's only a matter of thing to them. If they want to find something else that wants to change something from their way of living, they'll have to invest and take the risk or else, they will remain stagnant and just be happy wherever they are and whatever they do.

I think when humans still think logically, they will still keep looking and will never be satisfied with their current achievements so they will continue to start over what they think is profitable for life.
Investing and taking risks are things that are actually quite important in this case because of course all forms of decisions will have risks and consequences that are accepted because that is what makes us more able to make life better. As long as we don't dare to take risks, we will never change and will not be able to make ourselves valuable.

That is true, contentment isn't there and it's part of our nature to keep on achieving greater highs and more achievements. That's why in life, we think that it's not that enough but if we compare our situation to the others, it's more than enough. It is that we want to be in a better situation which is greatest for other people if compared to their situation. Well, we have to think of our lives the way it is and as we grow older, we want to have the best life that we can based on where we're living.