Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
crwth
on 11/04/2017, 01:01:43 UTC
better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow

saving money in the bank, will only mean losing them in the long-term with the current high inflation

I would think bitcoin operates under the same guise, if you look recently into bitcoin it gained fame becausse of how expensive it was (Like over 1000$) but now it has tanked way below that, because of the overabundance, and therefore a type of inflation.  I would think investing in something more physical would be worthwhile, instead of money type things.  Like a house, it may dip a lot but it will always come back up, you just have to be patient. 
Investing in bitcoin and hold for long time is better than buying a physical assets like house were you will paying tax. bitcoin  has been increasing in value since the inception with all the attack the coin keep moving up.
I think at least have a real estate guarantee the future and prove beneficial in the long run, despite having to pay taxes but at least you'd have a profit, because it is very safe
Maybe in banks, it's better but you won't get so much movement with your money if you just let it sit there. Maybe for the meantime but in the future, you could invest it in some places that you could earn possible large income. You just have to take risks because if you don't, there would be no progress.