Quote from: Essential10 on Today at 04:15:19 PM

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

Sincerely the concept of savings has made some persons poor,but many won't realize the fact that saving don't make the difference but investing does.
Am not saying saving isn't good, but my point is saving doesn't make one wealthy, the worst advice we recieve is 'save for tomorrow' but only few lay emphasis on the need to 'invest for tomorrow'.
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.
Let discuss this guys..
No matter how many bitcoin you hold you can still misuse the money, so we should understand the concept of Richness and Wealth.

I think savings and investment have two roles in a person's life. Both saving and investing are part of future planning. People learn to invest from saving. In my personal life I first had to save and from the saving part I learned to invest. Your savings account won't do much to help you grow your wealth when you save. Investing goes a long way in life. For example, if you save your money monthly or weekly in a bank account, similarly if you continue to use the monthly or weekly method of investing, such as investing in valuable bitcoins, you will surely grow your money in the future. Getting rich can go a long way initially.

Totally that connected to each other on which it would really be just that normal that you would really be needing to be wise on how you would really be that making yourself that be able to determine on which
things that could bring out possible income or revenue on which you could really be able to make those savings if you are really just that having that multiple income source on which we know that
it would really be just that easy if you do have that kind of income on which savings wont really be an issue. The thing here is that if you've been accumulating too much when it comes to fiat in the bank
then tendency that you would really be decreasing your purchasing power as years been passing due to inflation.

To counter this then it would really be needing for you to deal up with investments but of course the risks you would really be needing to take is something that
you could really be able to bare with if you dont really like yourself on having those worries.