Quote from: Strongkored on March 13, 2024, 05:57:19 AM

Quote from: Adbitco on March 12, 2024, 10:41:39 PM

What do you think?

Saving will not be able to help us to beat inflation because the benefits we get are very small and the value will continue to decrease due to inflation, so if you want to have a better economy in the future, investment is the right choice, but you still have to save because savings are an emergency fund, because if you only focus on investing without having savings, it is very likely that you will sell your investment at a loss or have not achieved the desired maximum profit because the investment is for the long term, more than five years, the benefits you will get are very good compared to if it is only one or two years.
So I believe in both, and doing both is much better for our financial future.

To be fair, saving and investing both have different roles and use cases in our lives. We need both and both are necessary if we want to maintain a balanced life. Investing sounds attractive because most people only like to dream about the profits they will receive, they ignore the risks they will encounter because there is no investment without risk. Meanwhile, saving will not help us against currency devaluation, but in return it will help us in emergencies. Obviously, both are very important and support each other.

Saving plays a very important role in life, but young people today hardly understand and ignore it because they think that getting rich is easy. Especially bitcoin investors who are dreaming about the huge profits that bitcoin will bring them, and underestimate the role of savings. But they will soon have to pay the price if their get-rich-quick scheme doesn't work out as they expected.