Re: Is it better to save money or invest it?

Also, interest rates pay nothing. Unless you are already rich and inherited, I don't see how leaving all of your stuff on the bank is going to benefit you more than it does benefit the bank. While you make peanuts off interest, rich guys can live off bank interest only even if they are single figure %, only because they have so much that it creates a solid passive income.

The rich guys are bank owners themselves. It doesn't make much sense to live off a bank interest when you can establish the bank yourself and live off a loan interest...

Exactly why should we be dependent on bank if we have our own bank and no one can access your bitcoin account nobody would come to know that how much do u have in your wallet. So it is better to invest in bitcoin rather then keep money in banks.

Invest in bitcoin half of your money is good but you really do need bank too for your fiat. I dont think you would convert all of your fiat to bitcoin right? What are you gonna do without any fiat? How to pay your bills? You can't use your bitcoin to pay your bills, they wont accepted it anyway so you need bank at least to convert your bitcoin back and then you can do your things with fiat

Half of your money in Bitcoin? That's still a pretty large investment in something so speculative and volatile. There is no rate of return on holding Bitcoin other than speculating that the exchange rate will move in your favour. It would be cool if one day there were financial investments within Bitcoin that do offer a rate of return in the form of interest, coupons, dividends, etc. That would also increase the demand for Bitcoin.

I guess if you invest half of your money to bitcoin I dont think you will be crazy if you loss all of it but I guess you wont because this is a short term invesment that will make you earn a lot from it so its good enough to get your ROI from this investment. Dont get me wrong I think with this speculative and volatile things that will make us earn a lot

Thats, of course if you do have a comfortable amount of sum to begin with.

I think anyone whos investing a large amount like that, should be comfortable in fiat 1st regardless of what amount you decide.

There are many people that didnt have this kind of comfortable in fiat but still diversify their fiat to every investment that they can get because he want to earn more and with that amount he diversified, he could bring more like double or triple their fiat without concern about their financial problems. That is what people do nowadays