Do you believe in savings or investment

[vartivorke]

I'm in this game cause I'm not so risk averse to begin with, so investments,risk investments. Been working great so far, financial freedom and dreams fulfilled.I'd recommend it, you Only live once crypto bros.

[pusaka]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

That is if the person holds on to the Fiat for a long period of time, I can remember my father doing the same when he was young like he told me, he was able to build his first house using a savings account and it worked, he bought some properties using savings.

Things have changed a lot today though, to build a house easily now requires a good amount of money and that can be done with investments instead of savings only.

Thanks to the existence of Bitcoin and crypto, investments have never been this better, I still save money today for some reasons, like emergencies and bill settlement but I am more into investment as it gives me better positivity in returns.

I also still save, but I don't save it for a long time. If in a 3 month period I save and the savings are not disturbed then I will allocate it to invest, and then I will continue my savings and so on.
I think this is a good way for me to do it, because when I can prepare emergency funds, I can also allocate those emergency funds for investment too. So I prefer to run both because both will also be very useful. However, if we save for a very long time, of course inflation will eat up our savings.
If we are given 2 good choices, it would be good for us to do both, and this will be very beneficial for our lives, especially in financial terms.

[Alone055]

If in a 3 month period I save and the savings are not disturbed then I will allocate it to invest, and then I will continue my savings and so on.

Though I understand that everyone has their ways of doing such things, I don't understand how such savings can be useful in emergencies in case you happen to face some emergency after you have invested your savings and now you have nothing left. Let's suppose you save for 3 months, you invest that money into Bitcoin, and then you face an emergency, if Bitcoin goes down after your investment, you won't be able to withdraw your investment because you will be at a loss.

This is the reason why I believe one should have separate funds for each purpose. If you can afford to do that, you should have savings funds, emergency funds, and investment funds saved separately so that you don't use your savings even for emergencies or investments and they can be used sometime in the future when you might be more vulnerable.

[Agbe]

The way I understand your content or thread. The whole thing is talking about the olden days. Savings is ancient idea and not a modern idea. In this innovative world the teachers and lecturers you mentioned are not aware of this new technology and since they were using that savings method so they continue but when you orient them about this new technology revolution and the investment, they will choose investment to savings because in the university, there are computer lecturers who are aware of this innovation and they are part of the benefit. So if those lecturers tell their colleagues then they will also invest. So in this modern world awareness is needed. There was a lecturer that I meant few months back and I explained everything to him and I showed him my wallet, and instant I made a transaction and he saw everything so he asked me to teach him and I didn't and now he is an investor.

[AnonBitCoiner]

That is if the person holds on to the Fiat for a long period of time, I can remember my father doing the same when he was young like he told me, he was able to build his first house using a savings account and it worked, he bought some properties using savings.

Things have changed a lot today though, to build a house easily now requires a good amount of money and that can be done with investments instead of savings only.

Thanks to the existence of Bitcoin and crypto, investments have never been this better, I still save money today for some reasons, like emergencies and bill settlement but I am more into investment as it gives me better positivity in returns.

In past everyone was saving some amount and our parents did all necessary works with the help of such savings. Now a days things are changed but the main cause is that dreams of people also gets increasing and everyone wants a luxury lifestyle which does not allow them to save money for future or for doing important work in present.

Previously people were not involved much in investment and they were utilizing the money of saving but now as we save money it become reduces in value due to increasing inflation. Currently those are successful who choose both saving and investment as one does not work properly and you have to need both sources of saving and investment for handling of emergencies and increasing of money.

[Dewi Aries]

That is if the person holds on to the Fiat for a long period of time, I can remember my father doing the same when he was young like he told me, he was able to build his first house using a savings account and it worked, he bought some properties using savings.

Things have changed a lot today though, to build a house easily now requires a good amount of money and that can be done with investments instead of savings only.

Thanks to the existence of Bitcoin and crypto, investments have never been this better, I still save money today for some reasons, like emergencies and bill settlement but I am more into investment as it gives me better positivity in returns.

I also still save, but I don't save it for a long time. If in a 3 month period I save and the savings are not disturbed then I will allocate it to invest, and then I will continue my savings and so on.
I think this is a good way for me to do it, because when I can prepare emergency funds, I can also allocate those emergency funds for investment too. So I prefer to run both because both will also be very useful. However, if we save for a very long time, of course inflation will eat up our savings.
If we are given 2 good choices, it would be good for us to do both, and this will be very beneficial for our lives, especially in financial terms.

I just heard this idea but I think this is a pretty smart idea, this is a pretty creative idea because you don't choose one of them but combine the two, like combining savings with investments where the goal is to gain profit and if you still feel safe without having any disturbances or problems by running an idea like this then of course continue friends.

Basically everyone is free in terms of choosing one of the two between saving or investing which on the other hand both also have their own level of risk, when saving then maybe the risk is as you say like being affected by inflation which will reduce the value of your money and when investing then yes the market situation is sometimes not always in our favor. of course everyone has reasons for their choices, of course everyone has their own reasons for their choices depending on their beliefs, and if you take both then maybe you should really be able to maintain and balance everything well along with you maintaining your main job so that you can still make money to be allocated to both choices.

[Patrol69]

I think investment and savings are both very important. Investment will show the way to the future and savings will stand by you in times of danger just as you need savings if you plan for the future and if you are a conscious person you must plan your investments. If you are earning money now but you may not have the same amount of money income in the future, if you do not have any other employment in the future but you may face a big financial crisis towards the end of your life. So everyone should plan for savings as well as investment. When an investor plans to save as well as invest and he executes that plan one time it will be seen that he is getting rid of many dangers in his life due to his decision.

[Iranus]

The way I understand your content or thread. The whole thing is talking about the olden days. Savings is ancient idea and not a modern idea. In this innovative world the teachers and lecturers you mentioned are not aware of this new technology and since they were using that savings method so they continue but when you orient them about this new technology revolution and the investment, they will choose investment to savings because in the university, there are computer lecturers who are aware of this innovation and they are part of the benefit. So if those lecturers tell their colleagues then they will also invest. So in this modern world awareness is needed. There was a lecturer that I meant few months back and I explained everything to him and I showed him my wallet, and instant I made a transaction and he saw everything so he asked me to teach him and I didn't and now he is an investor.

Are you saying that saving is old-fashioned and outdated, and new investing is adaptive and modern? So let me ask, if everyone invests and becomes rich, why do we still have so many poor people in the world, and the proportion of rich people is only less than 10%? And is it really that easy to make a profit from investment and everyone make a profit from investment?
Without taking any far-fetched examples, has your bitcoin investment helped you become rich and escape poverty? Also, have you ever thought of a situation where you are in bear season and bitcoin loses 80% of its value, and you have an unexpected problem and you need money? If you have no savings, what will you do, will you sell your bitcoins and accept a loss of 80% and in this case will bitcoin bring you profit?

Investing is very important these days but don't underestimate saving as both are important and have different roles in our lives.

[junder]

with those who have large incomes but don't want to invest, I'm sure it's because they have their own reasons, whether it's fear of loss or something,

Anyone scared to invest would not be able to secure their future.
Investing has risks and anyone can try to mitigate these risks if they had just studied about them.

with those who have a lot of money and no desire to invest, will you force them to invest? Of course not, even though investing is good because it can generate profits later because we have to have the skills and knowledge, but we cannot force people who don't want to invest to invest. Why? because I have a friend who is like this, he works in the IT sector with his expertise in making applications so he can earn a lot of money per month, and I once suggested him to invest but he still doesn't want to do it even though I have explained it, that's why everyone each have their own rights.

Investing or saving in a bank in my opinion has its own risks, such as investing which has the opportunity for loss, and saving maybe the risk is that the bank goes bankrupt or something, but I doubt that, even if their bank goes bankrupt or is broken into or robbed, I think they will be responsible, and if they are not responsible and we have enough money, they may take legal action. I myself don't invest because I don't have enough money, I mean my income is still limited. but occasionally I often learn about investment. After all, who doesn't want profits, especially for the future?

[Fuso.hp]

There will be different answers here for everyone because everyone will take their own position investing or saving. A middle class worker with a monthly income of $150 to $200 will spend a substantial amount of money on running his family and the remaining money he has will be useful in his time of need but he will prefer saving money over investing. On the other hand, another employee who is paid well and has a tendency to take risks, but after spending money on his family, he will have enough money to invest and even save some money if he wants to. Whether a person invests or saves depends on the amount of money he earns.

[pusaka]

If in a 3 month period I save and the savings are not disturbed then I will allocate it to invest, and then I will continue my savings and so on.

Though I understand that everyone has their ways of doing such things, I don't understand how such savings can be useful in emergencies in case you happen to face some emergency after you have invested your savings and now you have nothing left. Let's suppose you save for 3 months, you invest that money into Bitcoin, and then you face an emergency, if Bitcoin goes down after your investment, you won't be able to withdraw your investment because you will be at a loss.

This is the reason why I believe one should have separate funds for each purpose. If you can afford to do that, you should have savings funds, emergency funds, and investment funds saved separately so that you don't use your savings even for emergencies or investments and they can be used sometime in the future when you might be more vulnerable.

Don't get me wrong, of course I will not allocate all my savings in those 3 months, I will only allocate 50% at most for investment allocation from the savings.
For example, if I manage to collect $100 in 3 months, then $50 will remain my savings. Let's say that in the next 3 months I save another $100, if we calculate from the first 3 months the amount is $150. Then I will again allocate 50% or $75 for investment.
This strategy not only increases our wallet portfolio, but also increases the amount of savings every month.
If we are consistent with this strategy then we can avoid problems, whether due to sudden needs or other things related to our economy.

[bitzizzix]

There will be different answers here for everyone because everyone will take their own position investing or saving. A middle class worker with a monthly income of $150 to $200 will spend a substantial amount of money on running his family and the remaining money he has will be useful in his time of need but he will prefer saving money over investing. On the other hand, another employee who is paid well and has a tendency to take risks, but after spending money on his family, he will have enough money to invest and even save some money if he wants to. Whether a person invests or saves depends on the amount of money he earns.

Although it makes sense, I think it all depends on the individual. With an income of $150-$200 you can still invest and save if you can really manage it well and put aside personal needs that are not too important or minimize them, which in my opinion you can still save and also invest with an amount of $15 -$20 every month.
And what's even better, if you want to invest and save more, you can do a side job to increase your income. And investing or saving doesn't look at income, as long as there is serious intention, anything can happen and looking for the best solution without having to reduce important needs and can increase savings and investment. And never be satisfied with existing income, and smart people will always look for ways to increase their income so that their interests, needs and future can be met well.

[Agbamoni]

The way I understand your content or thread. The whole thing is talking about the olden days. Savings is ancient idea and not a modern idea. In this innovative world the teachers and lecturers you mentioned are not aware of this new technology and since they were using that savings method so they continue but when you orient them about this new technology revolution and the investment, they will choose investment to savings because in the university, there are computer lecturers who are aware of this innovation and they are part of the benefit. So if those lecturers tell their colleagues then they will also invest. So in this modern world awareness is needed. There was a lecturer that I meant few months back and I explained everything to him and I showed him my wallet, and instant I made a transaction and he saw everything so he asked me to teach him and I didn't and now he is an investor.

I still doubt that savings is an old idea. So many persons are still saving, and you won't tell me either that you are not saving.

Personally, i see savings and investment so important and i take them even. I do not more importance to one excluding the other. I feel that as human we need the both of them to have balance in life. When we invest, we choose to invest for months, years or decades. There is no good investment that is done in a month, weeks or days. What am saying is that in as much as we are investing, there are times we need money for something differently maybe something outside our budgets. That is when we make use of the savings so that we won't temper our investment.

[Ryu_Ar1]

Previously people were not involved much in investment and they were utilizing the money of saving but now as we save money it become reduces in value due to increasing inflation. Currently those are successful who choose both saving and investment as one does not work properly and you have to need both sources of saving and investment for handling of emergencies and increasing of money.

The mindset continues to change and in the end we must realize that investment is a new situation of developing a profit system that starts with money because in the end with the creation of investment, it is indeed now apart from saving in the end there is another option for developing profits, namely investment but on the other hand it is also a choice because in the end we must realize that it is about the choices we make.

Regardless of whether we want investment or just savings alone it comes back to ourselves because all decisions in the end we are the ones who take it whether we really want the savings option alone or a new form of development that occurs, namely investment because after all both are still considered a benefit even though for now it seems that many will consider saving it a waste of time and waste the value of money but not a little until now there are still many who do that. 

[Agbe]

I still doubt that savings is an old idea. So many persons are still saving, and you won't tell me either that you are not saving.

There are things I don't like in savings money in the local Banks. The unaware and untimely charges. These charges are electronic transfer levy and card maintenance charges and also instant transfer charges. This charges came unaware and there is no time for it and came at anytime. So all my MEGA savings are in Bitcoin and not in fiat banks. I only send money to Fiat Banks if I want to use the funds within a week or days but keeping money there for a long time savings, my man I am not doing it again and that is why I said it an analog pattern of savings and not the digital upgraded innovative method of savings which is also transformed as investment. Anyone that understand crypto investment would not keep money in the Local Banks.

Mostly Civil Servants, who understand cryptocurrency ecosystem market space today would keep their funds in cryptocurrency investment then can leave the once they want to spend in the month in fiat banks and not their long life savings for pension again. As I said, I have taught lecturers about bitcoin investment and they saving in bitcoin as a form of investment instead of local savings. So that even. If they retired from service they won't bother again. Right now one of my uncle is angry that why I didn't know bitcoin when I was living with him from the year 2009 to 2015. He said he would have invested enough at that time since he was having money at that time.

Though everyone has their way of thinking, if Savings is still good for you no problem but as for me I don't save in Banks again but I only transfer what I want to spend to bank and use it within the time frame. I still know some know people in my region that investing in Bitcoin but they still save in fiat banks. So it is just a choice.

[Fuso.hp]

There will be different answers here for everyone because everyone will take their own position investing or saving. A middle class worker with a monthly income of $150 to $200 will spend a substantial amount of money on running his family and the remaining money he has will be useful in his time of need but he will prefer saving money over investing. On the other hand, another employee who is paid well and has a tendency to take risks, but after spending money on his family, he will have enough money to invest and even save some money if he wants to. Whether a person invests or saves depends on the amount of money he earns.

Although it makes sense, I think it all depends on the individual. With an income of $150-$200 you can still invest and save if you can really manage it well and put aside personal needs that are not too important or minimize them, which in my opinion you can still save and also invest with an amount of $15 -$20 every month.
And what's even better, if you want to invest and save more, you can do a side job to increase your income. And investing or saving doesn't look at income, as long as there is serious intention, anything can happen and looking for the best solution without having to reduce important needs and can increase savings and investment. And never be satisfied with existing income, and smart people will always look for ways to increase their income so that their interests, needs and future can be met well.

Money Even if we earn a relatively small amount of money, if we can spend the money in a proper manner with a proper plan, then even after meeting our needs, we will still have money left over to invest. We see many people in the society who earn relatively high amount of money but only to live an unplanned life they cannot live properly despite earning relatively high amount of money. As I said if a person earns 200 dollars a month and from that 200 dollars he can spend according to different categories of his expenses but who must have money left at the end of the month. The remaining amount is a part of the amount but he can invest it if he wants.

[ferida504]

I believe in both and with preference. Both savings and investment has its own benefits and risk; what's important is to reach a certain goal on why you engage on either of these two. If you are after an amount of money you could use for emergency purposes in the future then savings would be an option but if you are seeking on making your the cashflow in your account, bigger in the future then engaging to investment would be a better option. More of a matter between secured money vs profit projection. However as I said, risk will be present; with savings, there's a tendency that you might use it to things outside its sole purpose such as a new gadget and with investment, risk is losing the money itself.

Now, bottomline is to choose what will work for you best. Some people are fine having savings alone and same thing goes with people who are earning more through their investments. Personally, I do both. I save some of my investment profit and times wherein my savings are being used on new investments.

Saving can also be part of an investment but you don't get much benefit from savings and another advantage is that there is a state guarantee for the funds we save so that liquidity is higher, but if you invest in other companies such as mining and others - The other thing is that you get big profits and the risks are also quite big. In essence, whatever investment you make, you get a profit as long as the agreement is made clearly and does not harm both parties. On the other hand, investment is also another way to prevent inflation because in investment there is something called reciprocity of profit

[Jatiluhung]

I think investment and savings are both very important. Investment will show the way to the future and savings will stand by you in times of danger just as you need savings if you plan for the future and if you are a conscious person you must plan your investments. If you are earning money now but you may not have the same amount of money income in the future, if you do not have any other employment in the future but you may face a big financial crisis towards the end of your life. So everyone should plan for savings as well as investment. When an investor plans to save as well as invest and he executes that plan one time it will be seen that he is getting rid of many dangers in his life due to his decision.

You have quite wise thoughts in responding to this problem. Because both are important things that everyone must have. Savings can be used to accumulate capital for larger investments and savings can also be used to prepare emergency funds or reserve funds. And we use our investment for a better future. or to build the financial freedom that we have always wanted in life so that we can have a beautiful old age that can allow us to have passive income without having to work much. We can relax and take a vacation to enjoy every result we have obtained from the investments we have made since we were young. But savings must still be held at a certain percentage. Because we still have to prepare reserve funds such as capital and emergency funds. Just in percentage terms, maybe I would invest more and leave a few tens of percent in savings.

[Jody.Drummer]

I think investment and savings are both very important. Investment will show the way to the future and savings will stand by you in times of danger just as you need savings if you plan for the future and if you are a conscious person you must plan your investments. If you are earning money now but you may not have the same amount of money income in the future, if you do not have any other employment in the future but you may face a big financial crisis towards the end of your life. So everyone should plan for savings as well as investment. When an investor plans to save as well as invest and he executes that plan one time it will be seen that he is getting rid of many dangers in his life due to his decision.

You have quite wise thoughts in responding to this problem. Because both are important things that everyone must have. Savings can be used to accumulate capital for larger investments and savings can also be used to prepare emergency funds or reserve funds. And we use our investment for a better future. or to build the financial freedom that we have always wanted in life so that we can have a beautiful old age that can allow us to have passive income without having to work much. We can relax and take a vacation to enjoy every result we have obtained from the investments we have made since we were young. But savings must still be held at a certain percentage. Because we still have to prepare reserve funds such as capital and emergency funds. Just in percentage terms, maybe I would invest more and leave a few tens of percent in savings.

Yup right, that is a good mindset where we can run both at once especially if you have a large enough income, as you said that we can make savings as a place to store emergency funds for urgent situations that cannot be tolerated and we can also make investments as a place to plant seeds of financial freedom in the future, such as always being consistent in putting a certain amount of money for long-term plans and then taking it when you have entered the final phase of your planning in the future, but what we must remember is that still the name of the investment always has a risk where there is a possibility that you experience losses in certain situations.

This is indeed a good idea but unfortunately not everyone has a truly qualified financial situation to be able to carry out the idea, because obviously when your income is quite low then let alone saving or investing, sometimes just to pay for the necessities of life is not enough, but this is not a destiny because every human being is given a common sense to think which is useful to overcome every problem as long as they are willing to do it.

[Winterfrost]

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

individuals have always preferred investing to savings and the only difference has been that those that aren't conversant with Bitcoin investments has had to invest into other sectors like real estate, gold and other valuable asset they are conversant with.

What's a possible consideration that can also determine ones choice of either investing or saving could be that how much one has. For a little amount that's not yet big enough, it's possible you might want to save it to a level that's huge enough to have had an investible capability but with Bitcoin investments and doing it with the use of the DCA methord, it's easier to invest no matter how little the amount is instead of saving such in public financial institutions. If you're with a good resource that can go into investing in an asset and you're still saving it and allowing it or remain dormant, then that's obviously a bad strategy that's just going to allow inflation have effect on your money and at the end of the day, you wouldn't have a good returns from your fiat.