Use your money wisely. Invest or Deposit ?

[Bushdark]

Now you have $100,000 in your account, pure savings, and you don't need this amount of money to cover your daily expenses. Obviously it's good/free money to use at will. Let's say if you deposit the money into a bank and the annual interst rate is 3%, you will get a steady interest income year by year. If you use this money to buy Bitcoin, let's say the BTC drops to $17,000, you'll buy less than 6 Bitcoins. In the long run, what would you do with this money ? And why ?

We should be always ready to think and use small funds to make bigger funds. The rich people that we see today with huge net worth do not just started big, they started small and now they are able to make big money because they are always ready to take important risks not just any how risks.

For us to be successful we must be ready to buy and sell and sometimes that might incurred loses that could discourage us from taking bold steps that could make us earn better.

Those that are able to become stronger even in difficult times are the ones that are mostly celebrated today. The wise investors would always think of better ways to make there businesses more better with lots of improvements.

[Mauser]

We should be always ready to think and use small funds to make bigger funds. The rich people that we see today with huge net worth do not just started big, they started small and now they are able to make big money because they are always ready to take important risks not just any how risks.

For us to be successful we must be ready to buy and sell and sometimes that might incurred loses that could discourage us from taking bold steps that could make us earn better.

Those that are able to become stronger even in difficult times are the ones that are mostly celebrated today. The wise investors would always think of better ways to make there businesses more better with lots of improvements.

It depends on what does rich mean for you, if you mean the billionaires whose children's and  grandchildren are set for life, then most of them didn't start with nothing. Families like from Bill Gates, Mark Zuckerberg or Elon Musk, they all had money before they became billionaires. And even if the families didn't have millions, they at least had contacts to wealthy people to help their children. I think it's very hard to create a successful business out of nothing without help. If you don't have a good idea and a good network to help you, then maybe it's better to deposit your money than lose it all in a failing business. If we keep depositing our money in crypto currencies than we can also make a decent return. Creating and running our own business is no guarantee to become rich one day.

[Mate2237]

The $100,000 is already in my account, since the money has been deposited how much interest rate has been given? If the question is meant for oldling days people then they can keep the money in the bank account and getting the 3% interest rate but if it is for this new technological digital economics generation, I don't think they would keep that amount in the bank the matter what.

Since the money is for reserve, it is better you keep in bitcoin wallet for a long time. Just use it to buy BTC and keep it there instead of keeping it in the Fiat banks that they would even deduct it every week and monthly.

[Davian144]

The best part is that Anyone can be successful from different investment opportunities, you just need a positive mindset, right information and a good investment management plan, the reason most investors suffer huge losses is because they don't start with good investment management.

Some of the investors who suffered losses were not only due to bad investment management or bad mindset. But some of those who lose are because they believe too much in bad news so that they don't have their own stand completely and don't have enough patience in facing every bad situation in the market. So this is not always due to how they manage investments and the like, but also to their patience and trust in whatever they read in the media while investing.

[ginsan]

Some of the investors who suffered losses were not only due to bad investment management or bad mindset. But some of those who lose are because they believe too much in bad news so that they don't have their own stand completely and don't have enough patience in facing every bad situation in the market. So this is not always due to how they manage investments and the like, but also to their patience and trust in whatever they read in the media while investing.

at the investment stage, it certainly has a greater ratio in the patience and confidence stages. that's why some investors lose their assets in large numbers because there is no strong belief to hold in the long term. I understand maybe among us or out there maybe in themselves they don't have a strong belief in investing in the long term so when the market situation changes suddenly they make the wrong decision.

but I agree with your point where investors are often fooled by circulating fud so that the anxiety in their minds can have an impact on the ridiculous things they make.

and for the Op if $100k i have then i will put it all in BTC and i will do it with DCA strategy all week.

[Raflesia]

The best part is that Anyone can be successful from different investment opportunities, you just need a positive mindset, right information and a good investment management plan, the reason most investors suffer huge losses is because they don't start with good investment management.

Some of the investors who suffered losses were not only due to bad investment management or bad mindset. But some of those who lose are because they believe too much in bad news so that they don't have their own stand completely and don't have enough patience in facing every bad situation in the market. So this is not always due to how they manage investments and the like, but also to their patience and trust in whatever they read in the media while investing.

That's right, regardless of anything apart from management in the end it will become an important factor. On the other hand, the mindset must also be maintained to stay healthy.
Being an investor is not only about keeping your money in one stock or asset for a long time, even though the simplest thing is like that, but in practice, it is clear that we will get something unexpected, such as some news that is not very good and fud keeps happening.
We see many examples when many people are unable to maintain that condition which gets them into trouble in the end and decides to leave when conditions are even at a loss.

[dunfida]

The best part is that Anyone can be successful from different investment opportunities, you just need a positive mindset, right information and a good investment management plan, the reason most investors suffer huge losses is because they don't start with good investment management.

Some of the investors who suffered losses were not only due to bad investment management or bad mindset. But some of those who lose are because they believe too much in bad news so that they don't have their own stand completely and don't have enough patience in facing every bad situation in the market. So this is not always due to how they manage investments and the like, but also to their patience and trust in whatever they read in the media while investing.

That's right, regardless of anything apart from management in the end it will become an important factor. On the other hand, the mindset must also be maintained to stay healthy.
Being an investor is not only about keeping your money in one stock or asset for a long time, even though the simplest thing is like that, but in practice, it is clear that we will get something unexpected, such as some news that is not very good and fud keeps happening.
We see many examples when many people are unable to maintain that condition which gets them into trouble in the end and decides to leave when conditions are even at a loss.

Totally no sense on making such action, right?

Its understandable since we are just humans which we are really that subject to make out those kind of impulsive approach and actions basing up in our emotions which is something that very common i should say.
When it comes to investment then there's no such thing about 100% safe because everything does have its particular risks.Even if you do decide on storing up your fiat savings on a bank it wouldnt assure out that
100% safety of those funds + having that risk of inflation which is something that very standard or common problem.

[Patrol69]

The $100,000 is already in my account, since the money has been deposited how much interest rate has been given? If the question is meant for oldling days people then they can keep the money in the bank account and getting the 3% interest rate but if it is for this new technological digital economics generation, I don't think they would keep that amount in the bank the matter what.

Since the money is for reserve, it is better you keep in bitcoin wallet for a long time. Just use it to buy BTC and keep it there instead of keeping it in the Fiat banks that they would even deduct it every week and monthly.

  Those who invested in Bitcoin at the time when the market reached its peak are currently facing huge losses. Because seeing the market condition, they thought that maybe the market will go much higher But a lot of bad news has made this market situation. Since then, the market started going down regularly. But the Bitcoin market is a bit stable right now. Those who wait for an opportunity to invest when the market is down from the highest level. The present time is for them. Because the market has already started to be positive. Investing in Bitcoin in this situation definitely has a golden opportunity to profit.  So I think at this time you should invest your money in Bitcoin instead of depositing it in the bank.

[Raflesia]

That's right, regardless of anything apart from management in the end it will become an important factor. On the other hand, the mindset must also be maintained to stay healthy.
Being an investor is not only about keeping your money in one stock or asset for a long time, even though the simplest thing is like that, but in practice, it is clear that we will get something unexpected, such as some news that is not very good and fud keeps happening.
We see many examples when many people are unable to maintain that condition which gets them into trouble in the end and decides to leave when conditions are even at a loss.

Totally no sense on making such action, right?

Its understandable since we are just humans which we are really that subject to make out those kind of impulsive approach and actions basing up in our emotions which is something that very common i should say.
When it comes to investment then there's no such thing about 100% safe because everything does have its particular risks.Even if you do decide on storing up your fiat savings on a bank it wouldnt assure out that
100% safety of those funds + having that risk of inflation which is something that very standard or common problem.

This is the important point.
We must be aware that conditions like this clearly exist and when we decide to invest anywhere we must know that risks under these conditions are not 100 percent safe.
We invest even though our initial intentions are good but things like this will not go smoothly because of the fact that there are lots of temptations that always haunt us.
But it is a risk and we must be able to overcome it because if it doesn't mean you are not really serious about the investment you are currently making.

[rahmad2nd]

Now you have $100,000 in your account, pure savings, and you don't need this amount of money to cover your daily expenses. Obviously it's good/free money to use at will. Let's say if you deposit the money into a bank and the annual interst rate is 3%, you will get a steady interest income year by year. If you use this money to buy Bitcoin, let's say the BTC drops to $17,000, you'll buy less than 6 Bitcoins. In the long run, what would you do with this money ? And why ?

Let's just say I'm the person who has the money, but it all depends on my needs. plus, what is the current economic situation like. at the very least, I would have some plans first before speculating to invest and only for BTC, nothing else.

To be honest, I'm not interested in deposits. at the very least, I'd keep it 30% as an emergency plus option for personal needs. I will invest regularly, maybe every week or month, because after all, the market is in a downward trend and we don't even have an accurate prediction of when the market will increase. I have to have several options and scenarios, not to invest all at once with 70% of the money converted to BTC.

I do everything in stages, depending on the market situation. but at least I have a one year target. With these options, I can make several plans when the market experiences a deeper downturn. even with the remaining money in reserve, it can also be invested if the situation supports it. so in the end, I think it depends on how you do it wisely and at least you have to have a strategy and a plan if you want to invest.

[freedomgo]

Why should one deposit his money when the option to take an advantage of investing with it is available, and it does not end only on investing but also on something worth it, an appreciable asset like bitcoin in digital cryptocurrency and not a liability, depositing money in the bank will add to depreciation of the value in it over time because inflation will overcome such value and the bank as well will always make their own deductions for charges, but when invested on a profitable asset, it will make more opportunities come of the money invested by realising some earnings than loosing part of the money gradually.

One can as well save in the bank and also use part of it to start up something like investing in a lucrative business that will bring in more capital, that's for those business creative minds because some will only choose to work and save without having any plans of growing the money into something much more productive.
Saving without making use of the money to start up something much more productive is like waiting for the saved money to increase on it's own. The mindset of an individual tells more if he/she would want to invest or just deposit.

I once made an investment and it was a scam and I lost trust in the investment to me everyone seem a scammer I would rather depist than investing

It all depends on where your taking your investment to and who's the middle man in the investment because it's very hard to do anything that involves money that you won't get those scammy eyes around, is a 50/50 thing, you win or you lose.

as stated above - the investment involve so much risk too. Not all the time investment is profitable - most of the time it is scam too
My father was a gov employee - here the gov employee gets a house after the retirement - many of my father's friend sold their house and invested their money - they don't have their house neither the profit not the money. My father did not invest anywhere - he kept his house - thank God he made good decision

Well, you already said it yourself, not all the time is profitable for investment and I don't agree with the thing you said that most of the time, it's a scam too. How can you say that? Is it because your father's friends haven't got the expected result of their investment? We all know that investment needed some thorough time to prepare and to have a proper knowledge before doing such thing, investments doesn't guarantee anything, it's still a two-way road, either you lose or win.

[batang_bitcoin]

The $100,000 is already in my account, since the money has been deposited how much interest rate has been given? If the question is meant for oldling days people then they can keep the money in the bank account and getting the 3% interest rate but if it is for this new technological digital economics generation, I don't think they would keep that amount in the bank the matter what.

Since the money is for reserve, it is better you keep in bitcoin wallet for a long time. Just use it to buy BTC and keep it there instead of keeping it in the Fiat banks that they would even deduct it every week and monthly.

I agree, for those people that are already in retirement age and they're too old to work then they can't put that into that much risk and just go with the conversative deposits and investments just like putting it on the bank.
If the person is too old and understands bitcoin then that's a plus to that person but if not, it's better to just be conversative and sensitive with that money and save a lot but invest a little that's not too hurting if it losses.

[Marcellin9]

Why should one deposit his money when the option to take an advantage of investing with it is available, and it does not end only on investing but also on something worth it, an appreciable asset like bitcoin in digital cryptocurrency and not a liability, depositing money in the bank will add to depreciation of the value in it over time because inflation will overcome such value and the bank as well will always make their own deductions for charges, but when invested on a profitable asset, it will make more opportunities come of the money invested by realising some earnings than loosing part of the money gradually.

One can as well save in the bank and also use part of it to start up something like investing in a lucrative business that will bring in more capital, that's for those business creative minds because some will only choose to work and save without having any plans of growing the money into something much more productive.
Saving without making use of the money to start up something much more productive is like waiting for the saved money to increase on it's own. The mindset of an individual tells more if he/she would want to invest or just deposit.

I once made an investment and it was a scam and I lost trust in the investment to me everyone seem a scammer I would rather depist than investing

It all depends on where your taking your investment to and who's the middle man in the investment because it's very hard to do anything that involves money that you won't get those scammy eyes around, is a 50/50 thing, you win or you lose.

as stated above - the investment involve so much risk too. Not all the time investment is profitable - most of the time it is scam too
My father was a gov employee - here the gov employee gets a house after the retirement - many of my father's friend sold their house and invested their money - they don't have their house neither the profit not the money. My father did not invest anywhere - he kept his house - thank God he made good decision

Well, you already said it yourself, not all the time is profitable for investment and I don't agree with the thing you said that most of the time, it's a scam too. How can you say that? Is it because your father's friends haven't got the expected result of their investment? We all know that investment needed some thorough time to prepare and to have a proper knowledge before doing such thing, investments doesn't guarantee anything, it's still a two-way road, either you lose or win.

It's nothing wrong when it comes to his or his father's friends' situation. Everyone has their own agenda. It's fair to generalize this way: most people overestimate their ability and underestimate the risks of investment. Period.

[Pamadar]

The $100,000 is already in my account, since the money has been deposited how much interest rate has been given? If the question is meant for oldling days people then they can keep the money in the bank account and getting the 3% interest rate but if it is for this new technological digital economics generation, I don't think they would keep that amount in the bank the matter what.

Since the money is for reserve, it is better you keep in bitcoin wallet for a long time. Just use it to buy BTC and keep it there instead of keeping it in the Fiat banks that they would even deduct it every week and monthly.

I agree, for those people that are already in retirement age and they're too old to work then they can't put that into that much risk and just go with the conversative deposits and investments just like putting it on the bank.
If the person is too old and understands bitcoin then that's a plus to that person but if not, it's better to just be conversative and sensitive with that money and save a lot but invest a little that's not too hurting if it losses.

The last statement will work, for those who can adopt the market and have that chance to learn more about Bitcoin or other cryptocurrency investing is a good opportunity to grow that money.

But, if you don't have that time then go with conserving that money and try to do some little
investment while the major portion of your save money can be stored in the bank for emergency
needs.

[erep]

The last statement will work, for those who can adopt the market and have that chance to learn more about Bitcoin or other cryptocurrency investing is a good opportunity to grow that money.

But, if you don't have that time then go with conserving that money and try to do some little
investment while the major portion of your save money can be stored in the bank for emergency
needs.

But even if someone understands investing about Bitcoin and even though they are professional traders, when they have retired from their main job, they prioritize emergency needs funds rather than investments because they need these funds for treatment and it is very detrimental to cut losses from crypto investments for future medical needs, anyone will prioritize health conditions so it should be from the start to allocate funds for emergency needs without disrupting funds from crypto investments.

[Hamphser]

The last statement will work, for those who can adopt the market and have that chance to learn more about Bitcoin or other cryptocurrency investing is a good opportunity to grow that money.

But, if you don't have that time then go with conserving that money and try to do some little
investment while the major portion of your save money can be stored in the bank for emergency
needs.

But even if someone understands investing about Bitcoin and even though they are professional traders, when they have retired from their main job, they prioritize emergency needs funds rather than investments because they need these funds for treatment and it is very detrimental to cut losses from crypto investments for future medical needs, anyone will prioritize health conditions so it should be from the start to allocate funds for emergency needs without disrupting funds from crypto investments.

When saving up for your health then it should have been done earlier or into those years when you are just working or still earning from your main job.Its true that on the time that these people do make out retirement then they would really be putting up focus on saving up themselves for their health in case of emergencies.Its not bad to make your crypto investment to be at affected because not all would really be that not much serious or really sticking out for long term.We do all know that we do really make out an investment for some sole purpose and if your purpose would be basing up or focusing up on health
then its your choice on when you would be pulling it all off.Its your money and its your right on when and where you would be focusing yourself and its up to our choice.

[Sexylizzy2813]

Why should one deposit his money when the option to take an advantage of investing with it is available, and it does not end only on investing but also on something worth it, an appreciable asset like bitcoin in digital cryptocurrency and not a liability, depositing money in the bank will add to depreciation of the value in it over time because inflation will overcome such value and the bank as well will always make their own deductions for charges, but when invested on a profitable asset, it will make more opportunities come of the money invested by realising some earnings than loosing part of the money gradually.

One can as well save in the bank and also use part of it to start up something like investing in a lucrative business that will bring in more capital, that's for those business creative minds because some will only choose to work and save without having any plans of growing the money into something much more productive.
Saving without making use of the money to start up something much more productive is like waiting for the saved money to increase on it's own. The mindset of an individual tells more if he/she would want to invest or just deposit.

I once made an investment and it was a scam and I lost trust in the investment to me everyone seem a scammer I would rather depist than investing

It all depends on where your taking your investment to and who's the middle man in the investment because it's very hard to do anything that involves money that you won't get those scammy eyes around, is a 50/50 thing, you win or you lose.

as stated above - the investment involve so much risk too. Not all the time investment is profitable - most of the time it is scam too
My father was a gov employee - here the gov employee gets a house after the retirement - many of my father's friend sold their house and invested their money - they don't have their house neither the profit not the money. My father did not invest anywhere - he kept his house - thank God he made good decision

Your father made the right decision because it favored him, what if things went on to be cool with his friends won't he be in regret? That's the thing about life, what ever decision you take is a major risk. If you're investing just hope to be in the right place.

[Pamadar]

The last statement will work, for those who can adopt the market and have that chance to learn more about Bitcoin or other cryptocurrency investing is a good opportunity to grow that money.

But, if you don't have that time then go with conserving that money and try to do some little
investment while the major portion of your save money can be stored in the bank for emergency
needs.

But even if someone understands investing about Bitcoin and even though they are professional traders, when they have retired from their main job, they prioritize emergency needs funds rather than investments because they need these funds for treatment and it is very detrimental to cut losses from crypto investments for future medical needs, anyone will prioritize health conditions so it should be from the start to allocate funds for emergency needs without disrupting funds from crypto investments.

When saving up for your health then it should have been done earlier or into those years when you are just working or still earning from your main job.Its true that on the time that these people do make out retirement then they would really be putting up focus on saving up themselves for their health in case of emergencies.Its not bad to make your crypto investment to be at affected because not all would really be that not much serious or really sticking out for long term.We do all know that we do really make out an investment for some sole purpose and if your purpose would be basing up or focusing up on health
then its your choice on when you would be pulling it all off.Its your money and its your right on when and where you would be focusing yourself and its up to our choice.

It's a choice that you need to be wise, saving and having a good amount of funds for your retirement will help in terms of financial capabilities. Either investing or saving the intention is always depending on you.

People who work well managing their savings and aiming to invest to grow their investment
are people who can gain enjoyable retirement in the future.

[Xcode7]

Those who invested in Bitcoin at the time when the market reached its peak are currently facing huge losses. Because seeing the market condition, they thought that maybe the market will go much higher But a lot of bad news has made this market situation. Since then, the market started going down regularly. But the Bitcoin market is a bit stable right now. Those who wait for an opportunity to invest when the market is down from the highest level. The present time is for them. Because the market has already started to be positive. Investing in Bitcoin in this situation definitely has a golden opportunity to profit.  So I think at this time you should invest your money in Bitcoin instead of depositing it in the bank.

in the last few days the price movement of Bitcoin has increased quite significantly and as we know that the price of Bitcoin moves quickly at any time and no one knows for sure what will happen in the future so in my opinion there is nothing better between saving money or investing on Bitcoin because the high level of risk allows unwanted things to happen.
to use money in crypto investment is not just waiting for the market to go down and must have qualified knowledge in order to minimize the risks that will be faced.

This is the important point.
We must be aware that conditions like this clearly exist and when we decide to invest anywhere we must know that risks under these conditions are not 100 percent safe.
We invest even though our initial intentions are good but things like this will not go smoothly because of the fact that there are lots of temptations that always haunt us.
But it is a risk and we must be able to overcome it because if it doesn't mean you are not really serious about the investment you are currently making.

That's right, so using money wisely doesn't have to be random in choosing to invest or make a deposit. I think everyone can make an investment, but the most important point is to understand the risks and also study related things before doing anything.

[Zilon]

Now you have $100,000 in your account, pure savings, and you don't need this amount of money to cover your daily expenses. Obviously it's good/free money to use at will. Let's say if you deposit the money into a bank and the annual interst rate is 3%, you will get a steady interest income year by year. If you use this money to buy Bitcoin, let's say the BTC drops to $17,000, you'll buy less than 6 Bitcoins. In the long run, what would you do with this money ? And why ?

And what if i can't afford to lose the $100,000. I won't advise a 100% investment of one's funds on Bitcoin. Invest an amount that is affordable to lose. This is not because Bitcoin might crash in the future but so that when the need for the money arises and the market is down it won't be everything that will go down with it. Preferably diversification of investment will be much better like real estate investment and more.