Why you should use spare money to invest

[axxo]

We should use spare money to invest because the potential to earn higher returns can give us than simply keeping the money in a savings account. The opportunity to diversify your portfolio and spread your risk across different investments. The ability to build wealth over time through compounding returns. Investing spare money have the potential to generate passive income through dividends or interest payments. It can use also to achieve long term financial goals like saving for retirement or down payment on home. It can be use to invest also in crypto currency but with your thorough research and knowledge about crypto currencies.

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[ilovealtcoins]

We should use spare money to invest because the potential to earn higher returns can give us than simply keeping the money in a savings account. The opportunity to diversify your portfolio and spread your risk across different investments. The ability to build wealth over time through compounding returns. Investing spare money have the potential to generate passive income through dividends or interest payments. It can use also to achieve long term financial goals like saving for retirement or down payment on home. It can be use to invest also in crypto currency but with your thorough research and knowledge about crypto currencies.

What you are talking about is the benefits of investing. It has nothing to do with using idle money to invest that OP mentioned. Because investing will not guarantee that we will be profitable but also comes with risks, so we must use idle, cold money to invest. If we spend money on essentials to invest and our investment loses. It will make us fall into deadlocks and dead ends of life. That's why we have a saying, you should only invest as much as you can afford to lose.

[xSkylarx]

We should use spare money to invest because the potential to earn higher returns can give us than simply keeping the money in a savings account. The opportunity to diversify your portfolio and spread your risk across different investments. The ability to build wealth over time through compounding returns. Investing spare money have the potential to generate passive income through dividends or interest payments. It can use also to achieve long term financial goals like saving for retirement or down payment on home. It can be use to invest also in crypto currency but with your thorough research and knowledge about crypto currencies.

It is better to invest your money than let it sleep in your wallet or under your bed, which is really your point, but it seems true, but it doesn't mean that you now invest it immediately as you are only thinking that it will gain profit than putting it in our own. You should be aware that there are risks involved, so it is best to know if you are willing to invest it and if it loses, are you okay with it? The point is to invest only what you can afford to lose; if you want to risk your idle money, then invest as long as you are aware of all risks.

[Crypt0Gore]

There is no need to risk even small money as a newbie, for experience it is better to use a demo trading account. Once you are confident in making profitable trades, then you can use your spare money.

More info on demo accounts here:  https://beincrypto.com/learn/crypto-demo-accounts/

The OP is talking more than just trading mate, trading is not investing, and also Demo account experience is different from the real trading experience, using Demo account for trading will make you feel like you've know trading, you will think it's that easy until you give the real thing a try and you will be shocked of what to come, you need to know how to read chart and you have to come up with your own ways (strategy) before you start getting the best out of trading.

Do not stopped on using spare money only, make sure you develop a cautious habit on any projects you want to invest your spare money into, make sure they are projects that have good team and are working nonstop in this bear market, you can know which project will survive just by following their activities on their Twitter account.

[barisbilgili]

We should use spare money to invest because the potential to earn higher returns can give us than simply keeping the money in a savings account. The opportunity to diversify your portfolio and spread your risk across different investments. The ability to build wealth over time through compounding returns. Investing spare money have the potential to generate passive income through dividends or interest payments. It can use also to achieve long term financial goals like saving for retirement or down payment on home. It can be use to invest also in crypto currency but with your thorough research and knowledge about crypto currencies.

It is better to invest your money than let it sleep in your wallet or under your bed, which is really your point, but it seems true, but it doesn't mean that you now invest it immediately as you are only thinking that it will gain profit than putting it in our own. You should be aware that there are risks involved, so it is best to know if you are willing to invest it and if it loses, are you okay with it? The point is to invest only what you can afford to lose; if you want to risk your idle money, then invest as long as you are aware of all risks.

using reserve money to invest is to avoid panic, if you look at the risks it's still the same but there are some things that are more profitable if you use reserve money.
and the advice that it is better to invest than to save money has a point, even though it is full of risks but it is quite worth it with all the possible benefits that will be obtained.

[flyingcarpet]

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Is better to use small money or learn risk management first before investing especially newbies.

Before we start a job, we have to learn all the details of that job. Since Bitcoin is about money, it may be a mistake to set out with the trial and error method. That's why it's important to learn every detail that might be useful to us first. While investing, we should trade with an amount that will not hurt us if we lose. Later, this amount is already increasing because we have learned all the details.

[ancafe]

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

In a company or business, financial records are needed that are more measurable, so that you can track sources of expenses and income for the business that you are running and it is mandatory for these financial records to be made and it is almost impossible for a company or business person not to make these financial records.

The point is that everything related to money will come when you experience losses and this includes when you invest in crypto, but what you need to think about is how to minimize the impact of these losses. Putting money in bitcoins is a much more precise move and you are already trying to avoid unnecessary losses by waiting for the right time and not panicking when the market corrects badly.

Is better to use small money or learn risk management first before investing especially newbies.

That's a more reasonable suggestion and beginners should really learn about minimizing risk before investing. Learning about investing can be adjusted with small capital first slowly and when experience has matured then try to invest bigger than before.

[YinShuiSiYuan]

Investments are getting more and more common in everyone's life because of inflation and financial burdens everyone's having so if you have spare money you should use it in some fruitful way rather than saving it.
Savings are becoming vague with passage of time due to continously increasing inflation and unfortunately the money you save remain as it is instead of becoming more .
So Investment is a must for now .

[panganib999]

Snip~

So the bottom line is, invest what you can afford to lose in Bitcoin and other investments because the risk associated with investment is not only limited to Bitcoin alone but all other assets and investments.

Let me tell you a real-life story, I have a friend from whom I received the same amount as payment for our overtime travel work sometime last year 2022, and when we wanted to invest the money, he optioned into real estate because he feel it more secure and profitable than bitcoin, but I used my whole allowance and travel payment to buy more bitcoin.

At that time, the Bitcoin price was around 17k, but now, while my friend in real estate is waiting for tenants to rent his apartments, my own Bitcoin investment is already yielding of about 10 percent.

Doesn't make his investment any worse. Real estate is a pretty solid and safe investment with a good amount of profit considering its risks. It's not gonna take that long and your friend will get tenants especially as we're having a massive housing crisis right now, but at the same time it's a little inopportune too since in some countries the housing bubble is already collapsing, with the pressure being put on the US as days pass by, and as more and more renters find themselves being exploited by their landowners. In any case, no matter the day or the period it's still a pretty good investment. Good for you for raking in profits as early as now but the connotation that you're trying to put out here, as if to say that bitcoin's better than real estate is a little stupid in my opinion.

[Iadegbola34]

You're right, nobody likes experiencing losses in business, investments, or trades. It's important to invest wisely and not risk more than you can afford to lose. Start with small amounts and learn about risk management before diving in, especially if you're new to investing. It's better to be well-prepared and knowledgeable to minimize potential losses.

[carlisle1]

You're right, nobody likes experiencing losses in business, investments, or trades. It's important to invest wisely and not risk more than you can afford to lose. Start with small amounts and learn about risk management before diving in, especially if you're new to investing. It's better to be well-prepared and knowledgeable to minimize potential losses.

Yup, using your spare money when starting this kind of investment is important as time passed by. You'll start enhancing your knowledge
and from that point, you can decide whether to add more or stay with how you spare out your savings to invest.

It's important that you have all the knowledge before taking a much bigger risk. It can prevent you from losing a lot if you what you are doing while inside
the trading market.

Spare money which you can let go might help you to understand and to know how risky but also have a good potential to earn from this industry.

[Mario Yamasaki]

The main reason for spare money to invest is, of course, security issues, many people regret losing when they only focus on one type of investment, the mistake that often occurs is that many people think that by putting money in one type of investment, they will become rich in a short time, and this is what makes when a problem occurs, they lose money.

[Ziskinberg]

You're right, nobody likes experiencing losses in business, investments, or trades. It's important to invest wisely and not risk more than you can afford to lose. Start with small amounts and learn about risk management before diving in, especially if you're new to investing. It's better to be well-prepared and knowledgeable to minimize potential losses.

Yup, using your spare money when starting this kind of investment is important as time passed by. You'll start enhancing your knowledge
and from that point, you can decide whether to add more or stay with how you spare out your savings to invest.

It's important that you have all the knowledge before taking a much bigger risk. It can prevent you from losing a lot if you what you are doing while inside
the trading market.

Spare money which you can let go might help you to understand and to know how risky but also have a good potential to earn from this industry.

The only good thing about using spare money is we feel less worried if our money is gone, unlike the feeling when our hard-earned money is lost.
Like a story of mine, I put 75% of my salary to a certain investment and I tried to become thrifty because of the said purpose but after all, I was really in regrets for not getting any of it as ROI, totally busted from a friend who promises to help me but not. Maybe if that amount is only 25% of my salary, I couldn't really such hurt and disappointed but it was a huge portion that was really hard to accept.

[Wildwest]

Because in investing we do not know whether the benefits we will get or losses so for those of us who have mediocre money in everyday life then invest very carefully for fear of losses and we have no other money to buy needs, if we already have spare money then all the money we can invest and we have no big pressure so that we can survive until we can feel big profits, So in this case everyone wants to get a profit but not everyone will be ready to bear every risk.

[Dr.Osh]

the fact is that it is a very good decision, but people are sometimes willing to take risks to get big and instant profits. they are willing to use their main money in investing, some even dare to seek loans for it.
Well, it's not wrong if they really want to take the risk, because there's so much evidence that it's also a good decision. however, quite a lot of people fail because of it. Therefore, it is highly recommended to use money that doesn't make you hypertensive or maybe special money to invest so that when you find a risk, you don't think about it too much because you are ready for it.

[uswa56]

We should use spare money to invest because the potential to earn higher returns can give us than simply keeping the money in a savings account. The opportunity to diversify your portfolio and spread your risk across different investments. The ability to build wealth over time through compounding returns. Investing spare money have the potential to generate passive income through dividends or interest payments. It can use also to achieve long term financial goals like saving for retirement or down payment on home. It can be use to invest also in crypto currency but with your thorough research and knowledge about crypto currencies.

it is true that taking potential profits from investments is indeed better than saving money in a savings account, but remember that there is also a risk of loss, and in investing all possibilities will be balanced with all risks.
to invest in Crypto is indeed better by using reserve money, to avoid panic when price corrections occur and more flexibility without any pressure to wait for the right time to take maximum profits.
I realize there are many advantages to getting when investing in Crypto with savings or money that is not used or needed for a certain period of time, maybe when we see Crypto market movements this will be understood.

[gaston castano]

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Is better to use small money or learn risk management first before investing especially newbies.

When it comes to investments, including Bitcoin, it is crucial to exercise caution and make informed decisions. Investing small amounts of money or learning about risk management are indeed wise approaches, especially for beginners. By starting with smaller investments, you can gain experience and learn about the market dynamics without risking significant amounts of capital.

[erixter]

Yup, using your spare money when starting this kind of investment is important as time passed by. You'll start enhancing your knowledge
and from that point, you can decide whether to add more or stay with how you spare out your savings to invest.

It's important that you have all the knowledge before taking a much bigger risk. It can prevent you from losing a lot if you what you are doing while inside
the trading market. Spare money which you can let go might help you to understand and to know how risky but also have a good potential to earn from this industry.

Basically, it is a good thing that you use your capital on time and invest it in trading. First of all, when you invest your own capital ( NOT  BORROWED) in business, you don’t have to worry about profit and loss. But it depends on your skill, abilities and risk management towards the market by following the trading principles.
   Because today is the era of internet and technology is developing. Therefore, we should focus our attention on digital trading as well. Furthermore, It is a good decision that instead of keeping your capital safe in one place, invest your spare money in trading so that you get some profit from it instead of its devaluation

[ringgo96]

In investing spare money is something we really need because to reduce the burden when there is a problem and not follow us to continue every business we are running, if the capital we have is limited then it is very difficult to try to invest for fear of loss and loss of assets that we have because there is nothing else for us to hold, But some people are desperate to invest without any spare money but they can also make money because they have confidence and are ready to face every risk that exists.

[Patrol69]

Undoubtedly, it is better to use extra money in investments.  By extra money we mean money that we don't really need in our life. That is, if for some reason those moneys are lost from our life, then the money that does not affect our life is called excess money. 

Investments involve financial risk. And we have to invest with the acceptance that our money is at risk. If for some reason there is a lot of volatility in the market and a large amount of money is lost from our invested money, then it is basically said to invest with extra money so that the lost money does not have any bad effect on our life.