Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
laredo7mm
on 16/05/2017, 00:20:24 UTC
For me investing is good than to save. Because investing is to gain or earned more money than savings just like bitcoin if we invest money in the bitcoin our money came up double or triple than savings.
I think the most important thing is saving even though the investment gives you a lot of advantages. But if you use all the money for investment. Then what would you do with his income? Surely you have to keep right?


if you have more budget, then i think you can make double type, saving and investment, but if you only want to saving, then its fine because i think if we have investment, in short and long term, in the end, we can still make profit beside of our saving. and i think this is good things for us to have two kind for our money.
Well everything has its pros and cons so we can say that yes we can use it to buy a house but if there is a house available for sale on the Bitcoin. It depends upon the consent of the seller if he is willing to sale against the Bitcoin not only a house but we can have many things to purchase through the Bitcoin. But to be very honest I have not seen anyone yet.


Right now the acceptance of bitcoin is very limited so I don't think that anyone is accepting bitcoin as mode of payment either in real estate or even at offline shops and to buy house using bitcoins will take really long time and I don't see it happening in next few years.