Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on October 21, 2018, 02:23:44 AM

Title: How do you save money for a long term?
Post by: Domithra on October 21, 2018, 02:23:44 AM
Saving money is very difficult for some people because it requires the sacrifice of giving away what you have for a future cause. It has become more profitable to save with an investment as they yield interest yet very difficult to locate and choose the right portfolio. One of the best crypto investment is to invest in any of the large cap coins especially the first 10 coins on the market because they have already gained much roots.
Title: Re: How do you save money for a long term?
Post by: angger on October 21, 2018, 02:33:26 AM
I will save my money by not buying what I want and I will only buy what I need, then I will invest in crypto with a clear coin and put it in the top 10 with the hope of increasing my money.
Title: Re: How do you save money for a long term?
Post by: RedzoneASE19 on October 21, 2018, 03:05:39 AM
I think keeping it in banks is a best choice. Since it could be much safer compared to keeping it in cryptocurrency.
Title: Re: How do you save money for a long term?
Post by: Unknown on October 21, 2018, 03:30:45 AM
yes saving money will benefit us in case of emergency thats why I invest at ripple because I know it will be bearish in the market sooner
Title: Re: How do you save money for a long term?
Post by: sixexgames on October 21, 2018, 03:33:50 AM
I have simple tastes and I buy cheap cars and cheap housing... plus I don't have any kids. So I'm able to save a lot of money (and crypto).
Title: Re: How do you save money for a long term?
Post by: moonking on October 21, 2018, 04:05:40 AM
Saving money is very difficult for some people because it requires the sacrifice of giving away what you have for a future cause. It has become more profitable to save with an investment as they yield interest yet very difficult to locate and choose the right portfolio. One of the best crypto investment is to invest in any of the large cap coins especially the first 10 coins on the market because they have already gained much roots.

I read a savings money book meant for general public, and they gave examples where people replaced coffee with homemade cofee, and it would turn into a thousand dollars saved (some cofees are like 6 bucks).  Biking through the summer period to work can save on gas, most people make a lot of money, it's just it all gets spent.  Using all those little savings and throwing it into crypto for years to come is not a bad idea.
Title: Re: How do you save money for a long term?
Post by: marcsymons on October 21, 2018, 04:16:13 AM
Saving money is very difficult for some people because it requires the sacrifice of giving away what you have for a future cause. It has become more profitable to save with an investment as they yield interest yet very difficult to locate and choose the right portfolio. One of the best crypto investment is to invest in any of the large cap coins especially the first 10 coins on the market because they have already gained much roots.

It is true that there is possible earnings if we choose the top 10 Altcoins because they are already proven have the potential to make our money grow but we should not ignore the opportunity to earn 10X of our capital if we choose the cheapest altcoins for now in which they are very active of promoting their projects that when the time of Bullish will start then the up to 10X profits will be possible like XPAT, DTRC, DOCK and CAPP.
Title: Re: How do you save money for a long term?
Post by: cryptothief on October 21, 2018, 05:39:17 AM
I wouldn't advise investing in crypto as a saving money strategy, it is still a very high risk investment. As the OP mentioned, the top ten are in a lower risk category, but still high compared to investing in something like property or bonds. I'm investing in crypto for bigger gains down the line, but understand the risks associated with that. If I lose everything I've invested, I can still fall back on other income. This is fun for me, I like risk, but only with money I can afford to lose (and maybe a little bit more).
Title: Re: How do you save money for a long term?
Post by: Hope15 on October 21, 2018, 06:18:44 AM
I save money for my future i don't invest in any on crypto but i earn free here in crypto i place my money on my savings account to save more in future it's hard to save sometimes cause alot of expenses you want to fulfill.
Title: Re: How do you save money for a long term?
Post by: Ghozrd on October 21, 2018, 10:06:35 AM
I have several crypto assets this year but I think I will withdraw some of my assets when prices start rising, buying gold can be a good strategy for me.
Title: Re: How do you save money for a long term?
Post by: twothumbs on October 22, 2018, 10:20:17 AM
Saving money is very difficult for some people because it requires the sacrifice of giving away what you have for a future cause. It has become more profitable to save with an investment as they yield interest yet very difficult to locate and choose the right portfolio. One of the best crypto investment is to invest in any of the large cap coins especially the first 10 coins on the market because they have already gained much roots.

I choose the first twenty coins in the coinmarketcap as my investment because I believe that this coin can increase higher in the future. Although I don't know when it increases, I still buy the coin especially if the coin is down at any price. I see that in the future, my investment coin can grow and will give a big profit for me.
Title: Re: How do you save money for a long term?
Post by: Andruha1993 on October 22, 2018, 04:24:22 PM
Personally, I can not save money. When I get a bounty reward campaign. I immediately spend all on various things and products. And then I sit without money and think, why did I spend everything. It was necessary to invest in Bitcoin or eth.
Title: Re: How do you save money for a long term?
Post by: Alpha on October 22, 2018, 05:04:16 PM
Saving money helps to support our needs once we are in the tribulation period. There are things that only money can that crypto cannot. We cannot but crypto anywhere but money we can even in the simplest form.