Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Finestream
on 20/07/2017, 05:54:20 UTC
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
Actually save is the main choice I think, if you already have a fixed income investment will be a less important choice. Because you already have a job and also a steady income and investment only as additional income is not so important. While saving will be very important
Yeah you have a point. Saving is actually work. Many people who save bitcoin is now rich. So I can say saving is very effective.
I would say that is not because they are saving, they risk their money because they believe in bitcoin and those people who are rich now buy cheap bitcoins in the past and they will still be fine even if they will lose their money because they are putting what they can afford to lose.
What I'm doing now is I am investing bitcoin for the future and it would not be possible if I did not learn how to save effectively.