Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
aeternus
on 18/12/2017, 23:56:33 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

for me it is better to invest. because investing can make your money grow if you chose to save money
in bank it might get lost because your not continuing to save or put money in the bank. and might as well your interest
might get higher so it really depends on the person
I see that 95% answered for investing money in virtual currency. Everyone is attracted by high interest rates of 50% against 5% of banking, and they will be right.
And that is a conservative number, bitcoin has earned 1800% in this year alone and the year is not over you will need an entire lifetime to earn that in a bank, and that is only the results of this year, if you invested earlier your earnings are even better and if you have lats as well the number are even higher, this is why many of use are deciding to invest in crypto.