Post
Topic
Board Trading Discussion
Re: Savings Vs Investment?
by
doomistake
on 02/10/2019, 15:49:09 UTC
investing is usually better than saving because you can grow your money. However in a bear market, it may be better to save money because the market goes down. over although investing is better because you can grow your money over time. Saving is also good to have a financial security net.

That being so, since investing your money in cryptocurrency is too risky, saving up first is the thing you need to do, it is the foundation of your investment just in case your plan didn't go out well, because if you will put all your money in investment, when the rough time comes and you need some cash, you'll probably end up selling all of your cryptocurrency, which is not recommended because we all know that the market is not always in bullish season.