Quote from: DabsPoorVersion on March 16, 2024, 10:31:06 PM

I agree with this, saving will always be the first step for anyone who has difficulty raising enough funds to purchase something or to use as a preparation in case of emergency. But I don't agree that saving will not make us poor and help us every time we face financial problems, this will only be a cycle of saving and spending for the needs/emergencies if we solely focus on savings. We will only be a slave to our job by doing it. We should focus on achieving financial freedom and we need to learn where we should use the money we saved and not only for emergencies.

I think this is one thing many of us here failed to understand. I see how everyone is clamping down on saving and talking about how useless and unfruitful it is without realizing that it is the first step towards every investment. I know and understand how inflation render saving useless this days but that doesn't make savings unnecessary. We don't just save for emergency but also for future investment. Your monthly salary is not enough to start up an investment, moreover, even if it's enough you can not just wake up and invest your whole salary. You need to start gradually from somewhere and that's from saving.

Saving is very vital because it is the root of investment. Aside that it helps you to prepared for unexpected expenses like in the case of emergency as you stated, it also gives you financial security and come through during financial setbacks.

Quote from: Bravut on March 02, 2024, 10:14:19 PM

So I would greatly say we invest some of our profits from bitcoin in to other stuff, than just holding it or using it for pleasure. The rare truth is how we believe bitcoin can change the game, so other systems are developing so we shouldn't be blindfolded.
Invest because savings doesn't increase or builds, investing is what gives you the life you want.

Hey, Bitcoin is an investment on it own and not saving unless you want to talk about diversification of investment. No one is being blindfold here for investing in Bitcoin. Comprehension of investing and saving is your problem. As you said, investing gives you the life you want but you should be aware that it can also deny you the life you wish because nothing is guaranteed at the end.