Why we should prioritize investment over saving

[Pi-network314159]

Why we should patronize investment over savings is that investmet provides more profit than savings. Let's take for example you save money in bank for 3 years, instead of making profit your money would be gradually deducted bit by bit for maintenance,  transfer or SMS fee. But in investment like Bitcoin, volatility in Bitcoin will make it to increase, except the volatility is a negative volatile instead of positive volatility.

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[tyz]

Why we should patronize investment over savings is that investmet provides more profit than savings. Let's take for example you save money in bank for 3 years, instead of making profit your money would be gradually deducted bit by bit for maintenance,  transfer or SMS fee. But in investment like Bitcoin, volatility in Bitcoin will make it to increase, except the volatility is a negative volatile instead of positive volatility.

There is a misconception here. Leaving money in the bank account is also an investment, namely in the bank's liquidity. The bank pays you interest for this. This interest is not paid because the bank is charitable, but because it needs the money to build up its own equity and to issue loans. If the bank goes bust, the money is usually (partly or completely) gone. It is therefore also an investment to leave your money with the bank, albeit less risky (at least with stable institutions).

[LesterD]

Why we should patronize investment over savings is that investmet provides more profit than savings. Let's take for example you save money in bank for 3 years, instead of making profit your money would be gradually deducted bit by bit for maintenance,  transfer or SMS fee. But in investment like Bitcoin, volatility in Bitcoin will make it to increase, except the volatility is a negative volatile instead of positive volatility.

There is a misconception here. Leaving money in the bank account is also an investment, namely in the bank's liquidity. The bank pays you interest for this. This interest is not paid because the bank is charitable, but because it needs the money to build up its own equity and to issue loans. If the bank goes bust, the money is usually (partly or completely) gone. It is therefore also an investment to leave your money with the bank, albeit less risky (at least with stable institutions).

Keeping your money in a bank account is not the same as investing, it is called Savings. If you choose to leave your money in the bank, you may earn a very small amount of interest each year. However, this may not be a very profitable approach that's why you cannot call it an investment. The bank is the only one that benefits from using your money, not you. Therefore, keeping your money in the bank is not an investment.

[umbara ardian]

Saving cash in a bank can feel like watching it slowly turn into ice cream soup thanks to inflation. Those interest rates are smaller than a thimble, leaving you wondering if it's even worth the hassle.

But hold up, before you ditch the bank like a bad date, let's consider the options. Starting a loaning business with friends sounds cool, but let's be honest, money and friendships can get tangled faster than Christmas lights. Setting clear terms and stuff is crucial, but even then, things might go south faster than a rogue shopping cart. Drama alert!

Low-risk investments can be a sweet spot, offering more bang for your buck than a bank account without the white-knuckle ride of riskier stuff. But do your homework, like cramming for a test, before diving in. Not all "low risk" is created equal.

[Asuspawer09]

Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.

Not too fast in my opinion, I get your point here about why investment is better than saving just because when you are saving money your money could easily get eaten up by inflation lowering its value through the years of saving up. But for me, it is still better to build a financial foundation first before even going and investing in something like Bitcoin or cryptocurrency something like that, because if you dont really have the financial foundation to start your investment could easily crumble and you very vulnerable on making the wrong decision something like you end up selling your Bitcoin just because you just needed the money since you dont really have something like savings.

For sure Bitcoin is a huge investment and over the years we surely already earned a huge amount of profit through years of investing but it is still a very risky investment and it wasn't guaranteed that Bitcoin is going to still exist after 5 years for sure it could easily disappear if you doesnt have a backup plan after than then you just lose everything, For me it is better to prioritize savings make sure to do savings, emergency funds, insurances, etc. before even starting to invest to something that is very risky like Bitcoin so that you always have that plan B, as well as it, is easier to HODL for the long term since you have liquid money that you could use instead of expected return to your Bitcoin investment in just a few weeks or months.

[franky1]

saving is not suppose to be wealth creation. its not even suppose to be long term stuff of continual gathering all excess income of

EG imagine that you earn 2000 a month
900 is house cost
400 is groceries
300 is other bills

leaving you 400 excess and 1600 expenses
initially for 4 months(4*400) you save up 1 month of bills(1600) as a savings rainy day fund.
 
after that you can then use the 400 a month on investing

whereby if inflation is say 6% OVER THE YEAR
house bills next year will be 1696 a month
meaning you only need to set aside 96 sometime over the year to top-up to keep next years rainy day fund onpar with inflation..

meaning you are not having to avoid investing, you just plan things better
for instance 96 a year is just 8 a month. so instead of investing 400 a month, you invest 392 and save 8

the point of savings is a easy access pot that is not locked up, so that you can cover any temporary incident, without having to remove investments at a bad time or rely on debt to cover the incident

[Sorryfor]

Investing is thousand times better than saving money. One of the reasons for this is that saving money tends to cause inflation within a few years, causing the money to lose its intrinsic value. This causes loss to the person who saved the money. On the other hand, if a person invests money in various profitable sectors, he is most likely to benefit from it. For example, if he buys a good land or invests in a shaft, he can earn a good amount of profit in a few years. So rather than saving money you should invest your money. But you must be careful before investing.

[iamsange]

Why we should patronize investment over savings is that investmet provides more profit than savings. Let's take for example you save money in bank for 3 years, instead of making profit your money would be gradually deducted bit by bit for maintenance,  transfer or SMS fee. But in investment like Bitcoin, volatility in Bitcoin will make it to increase, except the volatility is a negative volatile instead of positive volatility.

Why do you think Bitcoin volatility is negative volatility even though Bitcoin can still provide profit opportunities for many people through the investment and trading sectors at this time? And regarding the problem of saving at the bank, actually I also agree with what you say, although maybe not all banks do that because local banks in my country don't cut much monthly costs like you said, except for deposits which can't be zero or In other words, there must be a small remaining balance in the account so that the account doesn't die.

[stomachgrowls]

Why we should patronize investment over savings is that investmet provides more profit than savings. Let's take for example you save money in bank for 3 years, instead of making profit your money would be gradually deducted bit by bit for maintenance,  transfer or SMS fee. But in investment like Bitcoin, volatility in Bitcoin will make it to increase, except the volatility is a negative volatile instead of positive volatility.

Why do you think Bitcoin volatility is negative volatility even though Bitcoin can still provide profit opportunities for many people through the investment and trading sectors at this time? And regarding the problem of saving at the bank, actually I also agree with what you say, although maybe not all banks do that because local banks in my country don't cut much monthly costs like you said, except for deposits which can't be zero or In other words, there must be a small remaining balance in the account so that the account doesn't die.

Volatility = Profit

People wouldnt really be diving into crypto space which it isnt limited only on Bitcoin but also in overall coins that existing into this market since they could really be able to play with those moving
prices on which if they werent moving in the first place then it would really be just basically means that you wouldnt really be able to make money and this is indeed fact the reality.
There are really just those individuals who do really love on dealing up with crypto space since the level or the volatileness of this market is really way more higher
compared into those traditional markets that we are getting used to.

If you do really know on what you are doing then you could really be able to utilize these movements for your benefit or advantage but of course
the risks involved isnt something that you could really just that confidently be able to deal with.

[ichsan ardi]

Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.

Saving money all the time is the wrong thing in my opinion because maybe your money increases when you save but every year the fiat exchange rate decreases so you could say that we save too in vain, like walking in a different place with investing because our money can work for us. while saving we work for money, I think it's like that

[erep]

Investing is thousand times better than saving money. One of the reasons for this is that saving money tends to cause inflation within a few years, causing the money to lose its intrinsic value. This causes loss to the person who saved the money. On the other hand, if a person invests money in various profitable sectors, he is most likely to benefit from it. For example, if he buys a good land or invests in a shaft, he can earn a good amount of profit in a few years. So rather than saving money you should invest your money. But you must be careful before investing.

Holding any currency will not be profitable because all types of currency also experience inflation which can reduce the exchange rate even lower, so allocate your budget to diversify into various low-risk investments such as investing in gold, real estate and other businesses, but it is important that you add Another investment for bitcoin with the DCA strategy for long-term investment purposes, we have seen a promising recovery in bitcoin prices after each halving and imagine if in the past 2 years you committed to investing in bitcoin it would have generated very high profits.

[Sexylizzy2813]

Some people will always say saving is better than the other but it is only said by those people who doesn't have any plans of getting more money. If you save without investing, what are you saving for when you have the power to multiply that savings through investment? To me saving without investing is like a waste of time because you hustle to save for nothing, unnecessary spending.
To save is good but when you don't add the two together (saving and investing) then you're not moving forward, it's better you have a plan to increase your income, when you have a good plan that's when a better investment comes in. We should never forget that some people invest wrongly too.

[ringgo96]

Some people will always say saving is better than the other but it is only said by those people who doesn't have any plans of getting more money. If you save without investing, what are you saving for when you have the power to multiply that savings through investment? To me saving without investing is like a waste of time because you hustle to save for nothing, unnecessary spending.
To save is good but when you don't add the two together (saving and investing) then you're not moving forward, it's better you have a plan to increase your income, when you have a good plan that's when a better investment comes in. We should never forget that some people invest wrongly too.

If we want to earn income many times over, of course investment is our choice. If they are already playing in the business world, they don't have any assets to save in the form of savings. On average, they invest in fields that can provide greater profits, so we Everyone must be clever in seeking profits, even though the risk of investing is greater than saving, the results we get from investing are sometimes beyond our predictions.

[Inwestour]

Some people will always say saving is better than the other but it is only said by those people who doesn't have any plans of getting more money. If you save without investing, what are you saving for when you have the power to multiply that savings through investment? To me saving without investing is like a waste of time because you hustle to save for nothing, unnecessary spending.
To save is good but when you don't add the two together (saving and investing) then you're not moving forward, it's better you have a plan to increase your income, when you have a good plan that's when a better investment comes in. We should never forget that some people invest wrongly too.

It is absolutely true that one thing will not bring you the same result that you can get with an integrated approach. You need to be able to save in any case, otherwise you will not be able to create capital, either at the very beginning, or when you establish a financial flow.

In the same way, you will not be able to get the optimal result if you invest borrowed money, because you will always have to give someone a part of the profit. What happens if the investment is unsuccessful, or it takes longer than you originally planned? Yes, in the end you can even make a loss.

[Casdinyard]

I say pick both when you have the capability, and if you don't have the means to do both, choose which one's more suitable based on your current financial situation and future prospects.

Thing is that saving has its perks as well. Including the fact that you could easily rely upon it in situations wherein you would need money ASAP. Investments wouldn't be the venture to depend upon for this one as you would either need to sell them first to liquidate their value, or you can't take the assets out since you're using them for passive profit anyway. Savings on the other hand while not necessarily reliable when it comes to producing profits, are there for you when the skies turn gray and you need instant cash to use. Which is why for those capable of funding both anyway, might as well do so instead of choosing one over the other.

For those financially incapable of funding both an investment venture and a savings account at the same time, I say choose one or the other instead. But gauge what you need at the moment, and what you think you'd need in the foreseeable future. Do you have a close family member that needs surgery money, do you have a massive purchase looking to close in the soonest time possible? Perhaps a savings account is more suited for you. On the other hand, if you're looking to instead increase your capacity for profits, while still having all the time in the world to finish a 9-5 and have a life, investment ventures such as house-flipping or crypto is going to be more along your avenue.

It's all about looking at your strengths and capabilities to capitalize on them.

[GigaBit]

It is costly for every investor when hard earned money loses value due to inflation. No one wants to accept the depreciation of the money an investor accumulates over time. But as an investor he can do nothing. Because if you want to save money in conventional system, you should invest considering these things. But to solve this problem, Bitcoin investment has brought about a radical change so that if an investor holds Bitcoin, he will be protected from inflation on the one hand and his savings will also grow. Any investment is risky but investing in Bitcoin can definitely be profitable in the long run.

[edy_58]

It is costly for every investor when hard earned money loses value due to inflation. No one wants to accept the depreciation of the money an investor accumulates over time. But as an investor he can do nothing. Because if you want to save money in conventional system, you should invest considering these things. But to solve this problem, Bitcoin investment has brought about a radical change so that if an investor holds Bitcoin, he will be protected from inflation on the one hand and his savings will also grow. Any investment is risky but investing in Bitcoin can definitely be profitable in the long run.

I think those who invest will of course be able to make a profit if they can do it well and if someone saves their money then this will be very unfortunate when inflation occurs of course it will reduce the value of the money they save because of inflation and every investor of course they will can choose well the type of investment that they will be able to get a profit from the investment they make and choosing to invest in Bitcoin will indeed be very profitable if we understand it well and have a strategy in collecting of course we will be able to get a profit from the investment.

[Sexylizzy2813]

Some people will always say saving is better than the other but it is only said by those people who doesn't have any plans of getting more money. If you save without investing, what are you saving for when you have the power to multiply that savings through investment? To me saving without investing is like a waste of time because you hustle to save for nothing, unnecessary spending.
To save is good but when you don't add the two together (saving and investing) then you're not moving forward, it's better you have a plan to increase your income, when you have a good plan that's when a better investment comes in. We should never forget that some people invest wrongly too.

It is absolutely true that one thing will not bring you the same result that you can get with an integrated approach. You need to be able to save in any case, otherwise you will not be able to create capital, either at the very beginning, or when you establish a financial flow.

In the same way, you will not be able to get the optimal result if you invest borrowed money, because you will always have to give someone a part of the profit. What happens if the investment is unsuccessful, or it takes longer than you originally planned? Yes, in the end you can even make a loss.

Without we hustling there won't be any savings and a plan to invest so anyone that doesn't have the mindset of replacing any spent money has already planned to failed. Me on the other hand I won't advise anyone to start any business or investment with borrowed money (although it woorks well for some), is like you're paying your rent after every hustle, sharing every bit of what you have struggled to get with a second party (like you have a target to meet just to pay up the debt).
What sometimes causes an investment to fail is when you don't have an idea of the kind of business you going into, maybe you started the business because you saw other people progressing through it so you have to join without knowing the in and out of the investment, like Bitcoin is a must for you to have the required knowledge before taking part if not you'd just be floating around without any gain. And you shouldn't expect your investment to bring a particular amount in less than no time.

[ThePromise]

It is costly for every investor when hard earned money loses value due to inflation. No one wants to accept the depreciation of the money an investor accumulates over time. But as an investor he can do nothing. Because if you want to save money in conventional system, you should invest considering these things. But to solve this problem, Bitcoin investment has brought about a radical change so that if an investor holds Bitcoin, he will be protected from inflation on the one hand and his savings will also grow. Any investment is risky but investing in Bitcoin can definitely be profitable in the long run.

I think those who invest will of course be able to make a profit if they can do it well and if someone saves their money then this will be very unfortunate when inflation occurs of course it will reduce the value of the money they save because of inflation and every investor of course they will can choose well the type of investment that they will be able to get a profit from the investment they make and choosing to invest in Bitcoin will indeed be very profitable if we understand it well and have a strategy in collecting of course we will be able to get a profit from the investment.

exactly! So it's better to advise that you should have investments not just savings, because if you're talking about savings, it's just in the bank or wherever you put it, it's just stock and your money doesn't grow, unlike investing anytime you can make a big profit as long as you invest your money right. And if you're talking about investing, of course you can't just invest, you first need to know how, when and where to invest your money, like bitcoin, you should know the movement of crypto and know the pros and cons of investing in it.

[shinratensei_]

It is costly for every investor when hard earned money loses value due to inflation. No one wants to accept the depreciation of the money an investor accumulates over time. But as an investor he can do nothing. Because if you want to save money in conventional system, you should invest considering these things. But to solve this problem, Bitcoin investment has brought about a radical change so that if an investor holds Bitcoin, he will be protected from inflation on the one hand and his savings will also grow. Any investment is risky but investing in Bitcoin can definitely be profitable in the long run.

its definitely good, but I think if person or an individual priority is to counter inflation i think they could simply choose something like gold, since the price in general is stable enough, bitcoin on the other hand are for those that want to counter inflation as well as making some good profit out of it, bitcoin has shown to be growing by significant amount in just short time if compared to other investment instruments.
thats just how good bitcoin is, after all if we have the mentality of a holder we could've easily profited off the increase of bitcoin this time around.

it's all depends on the preference, personally, staking USDT for example is good enough to fight against the inflation, something that gives stable apy but also keep the risk minimum.
with bitcoin,the safest way is to buy when it hitting all time low, but maybe we won't see previous atl again.