Quote from: leonair on Today at 12:54:09 PM

Inflation is increasing day by day in every country, especially outside the countries of Europe and the US. So in this situation, only savings are not enough to make us strong financially. So we should always focus on investment. Always focusing on potential investments like bitcoin, gold, and real estate is a smart idea in this modern world. In the future Inflation rate will be more increase more, and the value of money will decrease a lot, so if you only focus on savings now, then you can't keep up with the investors. So, only sevings is not a better idea at all. i am only focusing on potential investment. Fiat money is not strong in any way.

We should invest to preserve or increase the value of our assets to cope with inflation, but I think saving and investing are not enough for today's life. Our world is becoming more and more uncertain, anything can happen and there is no guarantee that investments will always yield good returns. So, in addition to investing and saving, we should also find ways to increase our income or create passive income through business...
In short, look to grow your assets and diversify them to reduce risk, don't just focus on one thing.

Most people have the misconception that just saving and investing in bitcoins can make them rich one day, and they don't need to work hard anymore. To me, investing is just a way to help us deal with inflation and preserve assets, but not enough to help us become rich. If we want to be rich, increasing our income is the best way to become rich sustainably.