Savings Vs Investment?

[sashavich04]

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

[ayazfx]

Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don't have enough guidance that will help them to invest better.

[Newbie_trader]

Both are good. Investment has to be done wisely. Always remember how volatile the crypto market is. One wrong move could surely put our trading capital at risk.

[Trader_Rob]

Both are good. Investment has to be done wisely. Always remember how volatile the crypto market is. One wrong move could surely put our trading capital at risk.

I agree with you. But investing surely grows your fund more. However, you must be knowledgeable and skillful in it so that you would not lose everything.

[darexgeorgieviya04]

Actually, this is all about timing. At the right time, you can achieve better conditions as long as you can do the right thing. However, in the general economic development period, it may make more sense to prefer investment and saving during economic contraction periods. This is all my idea. You need to reach maturity to make your own decisions about your investments. Or you may need support from a licensed person.

Especially Bitcoin investment was a profitable from last summer. Because in long term, Bitcoin has a big potential still.

[PALM]

I still trust bank savings at all costs. Its such that, i have different funds to save and to invest thats why i could maintain both. Sometimes, i get some portion of my investments transferred to banks for savings and i dont get any regret doing it. You should also have those funds in you though for emergency purposes.

[Mr. Cid]

I still trust bank savings at all costs. Its such that, i have different funds to save and to invest thats why i could maintain both. Sometimes, i get some portion of my investments transferred to banks for savings and i dont get any regret doing it. You should also have those funds in you though for emergency purposes.

We can only earn a little amount in savings. I think our earning in the entire year will not be over 3%. If you really want to increase your earnings, then I suggest investing some of your funds.

[Alexthedefender04]

It depends on the investment. There are lots of high risk investments where you can lose most of your capital, especially in the crypto space.

[Aya]

In essence, saving gives a higher security to your fund because you are only keeping it as it is. While investing involves the risk of losing what you have invested. However, though saving might be more secured, there is little to no growth in it.

[AbdulShiek]

In essence, saving gives a higher security to your fund because you are only keeping it as it is. While investing involves the risk of losing what you have invested. However, though saving might be more secured, there is little to no growth in it.

I'd rather save some of my funds in mainstream banks.