Post
Topic
Board Economics
Re: Do you believe in savings or investment
by
Winterfrost
on 12/04/2024, 13:00:11 UTC
For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?
individuals have always preferred investing to savings and the only difference has been that those that aren't conversant with Bitcoin investments has had to invest into other sectors like real estate, gold and other valuable asset they are conversant with.

What's a possible consideration that can also determine ones choice of either investing or saving could be that how much one has. For a little amount that's not yet big enough, it's possible you might want to save it to a level that's huge enough to have had an investible capability but with Bitcoin investments and doing it with the use of the DCA methord, it's easier to invest no matter how little the amount is instead of saving such in public financial institutions. If you're with a good resource that can go into investing in an asset and you're still saving it and allowing it or remain dormant, then that's obviously a bad strategy that's just going to allow inflation have effect on your money and at the end of the day, you wouldn't have a good returns from your fiat.