Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
NeilLostBitCoin
on 15/07/2017, 12:45:00 UTC
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.
Save money and invest money. Two things that each has its own advantages and disadvantages. To choose between them should be based on our needs. For me currently requires funds for my future so I will choose to invest

I think these two is the same, the same that the aim is to have a profit or some earnings. But I don't agree with you that we need to choose in that two options based on our needs because what we are needing is profit or earning.
If you will be needing money for the future, you can also save for it right? You can choose these two if you want money in the future.
Saving money is convenient if you have anything you want to buy for example a house or a car. You can also get money anytime possible if you just save it. But, if you're planning or wanting to have a profit, it is better to invest your money because you can see how your money progress in time. You also have to make sure that the investing company where you're going to invest your money is legit, credible and trustworthy so that you won't be scammed.