Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Inspector 2211
on 11/12/2017, 19:37:32 UTC
If we will talk about which is better, for me it's investing in bitcoin because it can make your money grow bigger. But it still good to have funds in the bank for emergency.

Yes I totally agree with you.  I will choose to invest rather than to save.  Savings is good but the interest it have after a year is not that much compared to the income or interest you get from investing.  But as to bitcoin, when you save your bitcoin and let it sit in your wallet, it is like investment as it grew its price.

Putting money in bitcoin will take care of both saving and investing as you are investing your money in it will help in growing your money in long term and saving bitcoins for future can also bring good profits for you so instead of going for saving money in banks its good to save bitcoins as it can give you better results in compare to the interest that you can get from the banks.