Quote from: Positid on November 25, 2016, 01:30:20 PM

Quote from: gabmen on November 25, 2016, 08:13:01 AM

Quote from: Text on November 25, 2016, 06:34:22 AM

Quote from: macedoniantable on November 25, 2016, 02:54:29 AM

I would say it is better to save because you never know when this ride will end.
I have experienced it with some alt coins and they die so quickly that you need to move on.
But bitcoin seems to the one that will always be there in the end.
My investments in the alt trading life made me more aware of saving instead of spending.

Not all investment is profitable, some of them will just leave you unsuccessful if you didn't manage it correctly. Good thing you have learned from your experience and realize the value of money and that is really important. Alt coins are being made just to support bitcoin.

Thats why its very important to study first and gain information before you invest. There are a lot of techniques day traders use that works for them so investing is less of a gamble. Although saving also should come hand in hand with investing as there really is no guarantee in investments although we can better the chances by preparations

Investment is a serious venture as it requires to put our money at risk, we do have a chance if we are investing in such investment where we think we have full knowledge but it does not guarantee success, we do not know the future so we need to adjust along the way.

However, savings will not help you in beating inflation. Investments will help you to beat inflation and live a good quality life in future.