Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
umaOuma
on 31/05/2015, 22:30:58 UTC
Best option is to buy bitcoin while its cheap hold it for a number of years and wait for prices to go back up. Got into BTC when it was at $13  a coin wish I had bought more than I  actually did then  and waited for 2013 and sold. Shame only bought like 60 to 80 of them and in time bought more sold more and exchanged. Should of just bought a tun of it when nice and cheap and enjoyed the return on it from going up so much.

Sounds Great..
I think this is the right time to invest in bitcoin if you want to make your future safe and secure. The prices have collapsed right now so I believe investing at right time is more important just buy it and forget it and when the prices go high sell a part of it and again buy when prices are down.

For a ordinary person whose income is not too high i think best thing for him is to save money rather than going for a investment. As your income is not too high there is hardly anything to invest so its better to save money which could be helpful at the time of emergencies.