Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Bitcoinsummoner
on 17/09/2016, 18:34:50 UTC
It is important to invest, when the investment has great potential. But I think it is a good decision to also have reserves, because you may it need in the future and this can make a difference.
I think if in order to choose which one is an important advance of investing or saving both are equally important. but the most important thing of course is to save because you can become rich store of income that you get. investment is only as a sideline. you can still become rich even without investment

I am yet to see a rich person without his own business, those are investments. If you are just waiting to be rich because of savings from your job, then it will take a long time. And when you stopped working, your savings will easily be spent. While investments earn money even if you are not working. If you have big enough investment, you can comfortably live without working.

Yah, if you wanna a better life or want to become rich you should invest money.Otherwise, you can become rich.Because your Saving money will vanish one day if you don't increase it.

I think the bitcoin is the best investment. In the price, the price doubled every year on average. The trend might continue.
It should be the best investment because the price of bitcoin is increase fast and many people are investing bitcoins a lot more because they know that the price of bitcoin is low and more price will come.. if you notice the old graph you can easily analyze that bitcoin is continues increase from past year..