Post
Topic
Board Economics
Re: Wise thing to do with your savings.
by
Onyx0
on 30/05/2018, 16:40:42 UTC
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
Why not investing the saved money into cryptos? There is a bunch of prospective projects with tokens being traded for like x2-3-4 from their original price.
And it's a good time to invest in the most popular coins like btc, eth or dash because the market is in its dump.



For me it is really important to have savings especially for emergency purposes but it is wise also to invest in something profitable like crypto. You can always balance your savings to something that will benecit in the future ensuring that you still have funds in cases of emergency.
It is very important to save something against rainy day, no one know what can happen with us in future so it is good to save something for our bad days of life, investing your money is best choice for us to save our money for our future, we should save our money in form of bitcoin as bitcoin use to increase in price but money holding is not good as it will remain the same even after holding it thousands of years so investing in bitcoin and save your money for your future.