Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
gabmen
on 16/10/2016, 08:06:44 UTC
Currently im investing all of my coins into the project i do wanna to put online, but next year i do hope to stop invest and start saving, on the last halving i take a lesson, that were if i had saved my coins i could had found already my project instead had invested them.
I think it would be better if you use the save and invest simultaneously with the division of the good it will only make you safer
Yeah much better to both have saving and investing just secure your savings and others is for investing your coins. savings is one of the good and safe way because holding bitcoin is investing but it takes a long time before you can make a good profit.. unlike you invest like in trading in few days you can get your profit but depends what you are investing or you can invest in well know altcoin it takes a long time to make a good profit from them but it can also help you to make a profit supporting your savings in bitcoins to make a good profit if the price is increase..
They are both important as they will take charge of your future, without those you will be nothing when in times of trouble. It is not that we do prioritize the current situation and will not think of the future anymore, that is  wrong thinking for individual and a sign of being irresponsible.

Indeed. We need to have both i think dor it to work. We're risking quite a lot when we invest so we need to have a back up in case it doesn't work so that's where your savings will pick up. And i think everyone needs to have savings whether you're investing or not