Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
jossiel
on 03/11/2016, 06:17:08 UTC
I would say that both are important, if you ask me. Investing you will have chances to increase your capital, and could gain experience in the market. Having savings you will have a better life and be able to deal with situations where you need that.

Since we are in bitcoin industry, both of this choices applies to one activity and that is by holding. And it is good that if you just want to save but at the same time you have investment with those savings, you can just do it alone by holding bitcoins. Because as you save and waits for the price increase, the possibility of getting profit is high.

Yes. Saving and investing are both essential in managing our money. We must invest to gain profit and we should save some parts of those profits we gained so that when the times comes that the value of currency increases, we could then sell it and again gain profit.
In general, the investment is not a bad choice to find other ways of income. You can of course save the coins and wait for higher prices, but this feature is the same as the huge risk of losing time or remain without coins.
Because it is a good choice and it has always been. Savings and investing are both good when you want to earn money. What we need to do is to have the discipline to save as without savings we cannot invest and if we will not learn how to save we will not succeed in investment.

Yeah those two are good choice if you really want to get some good profit and I would say that you are going to get it if you are helping yourself to save.

Because there are many who says that they are saving but in the end they are just wasting their savings with gambling.

That should be avoided so that you can save and invest properly.