Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
gabmen
on 29/05/2017, 11:20:29 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

Hi
Does that mean bitcoin does not have the risk of inflation, even in some countries has not legalized bitcoin. Whether that can be a safe limit in investing in bitcoin. Yet we ourselves do not know what will happen to bitcoin in the future, remembering the government alone has not legalized bitcoin and provide a fixed regulation.
Thanks

you're right. we also can't be sure if btc will be here for a lojg time though signs are pretty good now. investing in it is a good way of handlmg money though it's essential that we have money in our savings as well. investments are risks in its own so having savings is kind of an insurance that we won't go entirely broke if our investments don't turn out profitable