Quote from: takingthis4 on September 26, 2016, 08:01:18 PM

Quote from: 20kevin20 on September 25, 2016, 06:36:22 PM

Quote from: bryant.coleman on September 25, 2016, 06:00:30 PM

Quote from: dandroid on September 23, 2016, 07:16:37 PM

I think that you should save your money, cutting your spendings by only buying what you need. I think that's a better way to manage your money.

In theory this sounds like a very good idea. But in reality it is very difficult to save a significant amount of money, unless you are having a very well paid job, in addition to a few other revenue sources. Also, saving money is quite risky in unstable countries such as Venezuela and Ukraine. You will never know when your national currency is going to get devalued.

Well, you can save money and then change it into USD or EUR or any other stable currency you like. This way it's not as risky anymore. Another option is buying silver. You can't spend anymore unless you really need it (crisis).

of course you can but i think it would be way better to hold it in bitcoins to make profit in a longer run

Holding your bitcoins is going to be best way to manage your bitcoins. But if we are going to talk about management of your fiat money. For me you need to know the things that you are going to spent your money and have a list of them so that you are going to know how you are going to buy the things you need properly and you can save money with it.