Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
qwertyup23
on 13/07/2017, 14:58:45 UTC
Quote from: hurain on July 13, 2017, 02:45:53 PM
Quote from: Luno on July 12, 2017, 04:21:26 AM
Quote from: wildflower18 on July 12, 2017, 04:13:54 AM
Quote from: meebs on July 12, 2017, 12:45:45 AM
Quote from: coolstory on July 12, 2017, 12:34:30 AM
Quote from: McKane on July 11, 2017, 08:28:52 PM
See, this is bitcoin forum, everybody here will assure you that Bitcoin is a great thing to invest in.
I agree with all of them! Get cryptos, brother!

We all trust coins, that's why we're here but you must find the right time to invest your money in crypto world. For example, today is not a good day to enter the market. All coins are RED.

For me investing right now is the best time to invest as the RED mark indicates that price is low and that would be the right time to invest at lower price and price may start going higher in coming days which would be the perfect time to sell those coins.
In my own opinion, it is better to invest your money for example right the other day coins dump. I grab the chance tk buy back because I know this would pump and I hold it in the future. For sure, I can earn more profit so I invest my money.

Yes this is the right time to invest in bitcoins or in altcoins as price is low now and it may pump back in coming days which can give you best profits on your investments in quick time so its better to think of investment at a moment.
yes i am also agree with you that it is the right time to invest your money in bitcoin. i am sure that bitcoin will  give you a good profit but you need to become a little bit patient and wait for some time when the price of bitcoin reach to such a high price.

Every person's decision varies but I prefer saving THEN investing. It is impossible for someone to invest without having the right amount of capital and that is why they go to the process of saving. Now, investing is a decision backed up with research rather than a risk. The outcome of your investment might be good or bad depending on the research that you made and that is why you cannot avoid the risks of it BUT you can at least lessen the potential risk. Investing is a good idea right now since this coming august 1, prices of bitcoin will surely drop due to the split. Many people are anxious that the price will never increase but I look it at as a perfect opportunity to invest.