Re: Is it better to save money or invest it?

To answer your question, I will tell you something that good to try.
Last year, my friend tell me he buy 3 btc when the price is worth $700. He said he just want to save his money in another place, not bank. So bitcoin is one of any choice to save money. But what happen now with the price? Now, bitcoin worth to $1200+ and his money is grow. It is same like investing money in the stock.

This is a very nice and colorful example of what is worth buying bitcoin, thereby investing in their future well-being. Only one question oppresses me all the time, how long bitcoin will rise in price? I would not like to lose. While I understand that investing is always a risk.

it was because at that time the price is still relatively small but this time the price is already very high certainly everyone will think buy many bitcoin at current prices including a very risky practice?

Yes it is, Because we are not know when the big red candle of the bitcoin will be happening in the future and i think this is very risky to buy a lot of bitcoin right now. Just watch the price and grab more with the low risk way.

I think current price of bitcoin is very high and not worth buying much at the moment. Most traders have I think sold away their holdings and booked profits. However keep an eye out for dips in price, it will happen in due course before resuming the uphill climb. That is when we must buy more.

Also try increasing your stock of bitcoin by trading altcoin and then converting them to bitcoin as and when required. That way you wont have to worry about bitcoin price but the altcoin price only.

In a sense, you are right and your reasoning is very important. But only bitcoin price still plays a role even in the exchange with altcoin. But perhaps I doubt it because of the shortage of information.