The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They dont have enough guidance that will help them to invest better.
In my own personal opinion, it will be better if you both do saving and investing your money. Which you will save the half of your money, while the other half of your money you will invest it in a coin that will give a good profit. By that, you will balance your money without taking any huge risk.
yes, if confused between saving and investing, it's better to do both. if your investment is successful, you can increase the number of funds to invest, or invest elsewhere. You can also add to your savings if the investment is successful. besides, if a bad situation occurs, and your investment fails, you still have deposits. basically doing 100% for investment is very dangerous.