Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
tampazeus
on 25/09/2016, 16:29:27 UTC
But the money in the bank is not 100% safe; will you feel safe if you gave your money to a stranger in the street that is known for making terrible money choices? No, then why do you feel safe with your money on a bank?

There is nothing safe in this world, either saving your money in bank or even saving your bitcoin in cold wallet . If you wish for something safe then there is no such thing exist . However some people still on the thoughts that keeping your money safe in the bank is the best thing you can do right now

If you compare it to other ways then I think saving them in banks is much better option, as bank is responsible for your savings and if anything goes wrong with your money then banks will be responsible to recover it.