Quote from: Bitcoin Seller on July 31, 2019, 07:49:27 PM

Quote from: coinhunt on July 29, 2019, 03:07:45 PM

I agree. Savings are a good option but they can be better if transformed into investments. The only question is (as well as matter) what to invest in - cryptos, fiats, options, or gold?🤔 Any ideas?

Savings must present in our lives as any investment is a really great risk. If the market falls, you will be without money to live for. I never invest more than 30% of everything that I have as risk here is a silly thing. I need material support and confidence that nothing critical will happen even if the investments turn to be something bad (at least).

As we can't get 100% market assurance and savings will take place at ones. It is important to be prepared than to be nothing when crisis turns back us again. It happens several times and seeing those people aren't prepared will always be doing panic selling and even spreading more FUDs.

From all the money I earned in a month, 20% from them is saving, 40% investment and the rest will be my whole month expenses. And really it works for me.