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

Invested in btc or altcoins, having your money in traditional banks, basically you are loosing money these days.

i think invest in bitcoin is much more safe and profitable because bitcoin price rising to higher value and we do not face to any risk when we invest our money in bitcoin and i if we invest our money in bitcoin we will be get a good profit from bitcoin in the future so i think bitcoin is much more profitable currency than altcoins.

Investing money in bitcoin is not more safe than saving it because any kind of investment is risky even bitcoin is risky so i don't think we should invest all our money in bitcoin or any kind of cryptocurrencies because they are all risky so i think it is best to just do both, save and invest so we we will be safe that we have always back up.

yes no doubt about that every ind of investment is risky, but if you want to make money then you have to take risk and without taking risk you cannot make money from any kind of investment or trading. even in long term investment there is always a element of risk. but i think if we have proper planing then we can reduce the risk of losing money.

Yes, risk can be lessen if we know what we are doing and we have idea to the things that might happen. So it is better to plan first for the things that we will have to do before doing it so we don't need to be that in a rush because we know our plans and we all know that the risk is low because we have knowledge on the investment or trading that we are doing.