Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on August 20, 2018, 03:19:16 AM

Title: Are you saving wisely?
Post by: Domithra on August 20, 2018, 03:19:16 AM
It requires a lot of discipline to be able to save money. It is therefore necessary to utilize it wisely when the times comes for that. This can be quite subjective as each individual has his own goals and preferences in life. It all starts by assessing which savings is secured for you. If you find the banks to be more secured despite their periodic debits, you can choose it. But it is also and always safe to keep money in crypto as it can also generate a lot of profit as you hold for long term with the intention of saving.
Title: Re: Are you saving wisely?
Post by: Speaker on August 20, 2018, 08:23:49 AM
Crypto currency in its bulk is not provided with anything. Basically, its price depends on the faith of investors. It's a highly volatile instrument. Banks ' money in this sense is more reliable and accepted everywhere.
Title: Re: Are you saving wisely?
Post by: Gunung_ulo on August 20, 2018, 08:56:10 AM
it is true that everyone has their own goals, and I feel that it is more convenient to save in crypto in the long term so we have also invested in our lives, and we can get big profits.
Title: Re: Are you saving wisely?
Post by: Valevi on August 20, 2018, 09:20:12 AM
Yes, I think I've saved wisely. so far I've been planning to save my money in gold. and after the amount of gold I have had a lot, I sell it and buy it land :)
Title: Re: Are you saving wisely?
Post by: imikocha1994 on August 20, 2018, 09:27:36 AM
It requires a lot of discipline to be able to save money. It is therefore necessary to utilize it wisely when the times comes for that. This can be quite subjective as each individual has his own goals and preferences in life. It all starts by assessing which savings is secured for you. If you find the banks to be more secured despite their periodic debits, you can choose it. But it is also and always safe to keep money in crypto as it can also generate a lot of profit as you hold for long term with the intention of saving.

Even when I received a small amount of token, I exchange it to bitcoin or ethereum and save it. Because we don't know that maybe the bitcoin price will again increase soon.
Title: Re: Are you saving wisely?
Post by: KobbyD on August 20, 2018, 09:53:25 AM
I will prefer to save 50 50. I mean 50 % of the money at the bank and 50% at the crypto universe.
Title: Re: Are you saving wisely?
Post by: Judybrown on August 20, 2018, 10:16:38 AM
I am saving wisely but I do not put all my savings into one investment. It is better to diversify your investments so you will not be affected too much if the investment fails or you do not have to bear too much loss.
Title: Re: Are you saving wisely?
Post by: moonking on August 31, 2018, 07:28:26 PM
Many people where I'm from are in debt.  There is no reason to save for anything, because anything you want can be purchased with credit, or a loan.  It's like reverse savings, you can get what you want now, and than save for it later.  Most people dream of having savings, and if they had a choice would probably choose cash in a bank, because when it comes to bitcoin it always feels like it's too late.  When bitcoin hit 2000, I didn't think it will go higher. 
Title: Re: Are you saving wisely?
Post by: Hexsas on August 31, 2018, 08:05:50 PM
Crypto holding can be said to be saving, but crypto prices are not stable because the market continues to spin between demand and supply. Holding in the long term can be a good strategy but when there is a chance you have to sell to get a profit, and when the price is low then you can buy back.
Title: Re: Are you saving wisely?
Post by: Speaker on August 31, 2018, 08:58:25 PM
Crypto holding can be said to be saving, but crypto prices are not stable because the market continues to spin between demand and supply. Holding in the long term can be a good strategy but when there is a chance you have to sell to get a profit, and when the price is low then you can buy back.
Title: Re: Are you saving wisely?
Post by: husanchaika on August 31, 2018, 09:43:17 PM
Yes, I save my funds wisely.
Mostly, I try to earn more and more, instead of saving more and more.
I just have fixed doodads and I try to keep the lign around them.
Title: Re: Are you saving wisely?
Post by: Richa99 on September 01, 2018, 01:42:27 AM
it is true that saving money in bitcoin or other crypto can make us get a bigger profit in the future by saving it.
Title: Re: Are you saving wisely?
Post by: Doctor on September 01, 2018, 04:03:32 AM
It requires a lot of discipline to be able to save money. It is therefore necessary to utilize it wisely when the times comes for that. This can be quite subjective as each individual has his own goals and preferences in life. It all starts by assessing which savings is secured for you. If you find the banks to be more secured despite their periodic debits, you can choose it. But it is also and always safe to keep money in crypto as it can also generate a lot of profit as you hold for long term with the intention of saving.

I think Invest in crypto currency is not wisely But smart strategy. We shoukd buy whennlow and sell when high.
Title: Re: Are you saving wisely?
Post by: Dodo on September 01, 2018, 04:10:07 AM
I feel that it is more convenient to store in crypto in the long term so that we also invest in our lives, and we can make big profits.
it is true that everyone has their own goals,
Title: Re: Are you saving wisely?
Post by: cryptothief on September 01, 2018, 01:07:34 PM
Saving is such an essential part of life, but so many people don't plan for it. I was always taught to save a minimum of 20% of my monthly salary, just wish I'd done it, I'd be a rich man by now  :'(
Title: Re: Are you saving wisely?
Post by: Ragnar on September 02, 2018, 10:49:43 AM
Save a portion in everything you spend on. 10% to emergency, another portion to daily needs and more depends on your financial.
Title: Re: Are you saving wisely?
Post by: Master107 on September 02, 2018, 01:32:56 PM
Maybe I'm not doing everything perfectly. I have my own plans in trading and to save more percentage to have decent enough ending after all of my doing. I am looking in advance after 5 years from now I am not the same again.
Title: Re: Are you saving wisely?
Post by: Speaker on September 02, 2018, 03:17:19 PM
Many people choose banks-because it is safe and legal. to make money on cryptocurrency you need special qualities.This is a more risky unregulated market....but it can earn a lot.
Title: Re: Are you saving wisely?
Post by: Zed0X on September 03, 2018, 05:41:57 PM
"But it is also and always safe to keep money in crypto as it can also generate a lot of profit as you hold for long term with the intention of saving."

Provided that you have invested in quality altcoins and you timed your entry well.
Title: Re: Are you saving wisely?
Post by: Crypto Prime on September 04, 2018, 04:36:50 AM
So true. Saving in Crypto with long-term investment requires high discipline and patience. It is very difficult to invest long term, because waiting for a long time. For me, it's the same as saving because the results will be big too. On the other hand there must also be a safe place for us to save, that is in this Crypto world.
Title: Re: Are you saving wisely?
Post by: fulled on September 04, 2018, 05:03:08 AM
no, im having bad habit, i cant saving enough money :( im a lawyer in real life, my monthly pay is 1500dollar a month, its a good salary in indonesia, but i still not having enough assets, my asset is only in stocks and cryptocurrencies
Title: Re: Are you saving wisely?
Post by: ayatoslaw on September 04, 2018, 07:25:13 AM
Yes, I try to save every time I get a coin, no matter how small or big, I will save the coins I get. and cryptocurrency is my savings, though not the main one, but enough to be left and become big by itself, because I'm sure the altcoin will experience price increases every year.