Quote from: Elissa~sH on Today at 11:09:30 AM

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

What do you think?

You make a good point. Saving and investing are two different things. One keeps the money earned for future use. No profit comes from saving money. Investment is to invest in something to get some profit.
Between savings and investment, investment should be the most important. Investing earns profit, and money invested earns a profit, but savings do not.

Saving is good, but investment is your first choice if you expect some profit from your savings.

People may save their earnings thinking about the future. But those among them who have no idea about investment save their earned money and deposit it in the bank. You say you have to invest to get some profit from your savings. Yes it is true that if people save their money without investing in anything then they cannot earn profit from it. And if people invest their savings in something then they will be able to earn a certain amount of profit from it.

But it may be our mistake to think that only profit will be earned by investing because investment involves risk. If one has a proper understanding of Cryptocurrencies and can analyze coins well then he should invest his savings in Bitcoin. Because investing in Bitcoin will provide much more security than depositing their savings in the bank or investing in anything else even they will be able to earn huge profits from investing in this Bitcoin at some point.