it could be it's better to have investment than savings.
I think regarding this you should rather speak for yourself because not everyone is willing to take the risk to invest and not everyone have the mindset to withstand the risk. Also we are humans and everyone will definitely have different preferences so some will tell you they prefer to go for savings than investments. I myself prefer investment to savings because i like taking risks and having fun and i kinda see savings like a boring thing.
Yep, indeed investment is far better than saving. But the point to be noted is that you should be aware of how much risk there is in it, That is, if you want to invest in Bitcoin, you should be fully aware that if you do not have risk management skills, then Your investment in Bitcoin is nothing but lose. Because Bitcoin has a highly unstable value, it can make your investment zero or even heroic.
So if your stance is on investment instead of saving, then you must first understand this golden quote "Invest those moneys that you can afford to lose" in which all factor analysis will automatically be discussed, that is, you should know all these things. It will happen, which can change the investment from a loss to a profit.
So it means that investing (Bitcoin) is a good thing, but you should first be aware of its cons, Like investing in Bitcoin, you should first have full knowledge of all the skills that an investor should know. It is necessary before investment. So then investment can be better for you than saving. Apart from this, investment can be in other things as well. It is everyone's own choice, some prefer less volatility and some like high volatility assets. Everyone has their own view on investment, but personally, i would go for bitcoin because i know all the things that can reduce the risk for me.
DYOR!
But savings is something that you shouldnt really be that neglect out even on the slightest percentage that you could be able to apply or consider. We do know on how savings does works and its importance.
It is really just that you shouldnt really be pouring up all your focus on making some savings because if you do really want to have that continuous stream income flow and make more savings then the wisest thing to be done is to have that multiple source of income and this is where you would be considering on making use of those savings into the use.
Yes, its risky but this is something a necessary step for you to make to achieve those goals that you are really that targetting into. You cant really be able to have such progress if you
wont really be that making yourself that making such decision or the things that you would be needing to do. Its not really that a hard choice actually, risks taking is needed
but there are those who are really that afraid on doing so.