RE: SAVING OR INVESTING!!! WHICH ONE IS BETTER?

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SAVING OR INVESTING!!! WHICH ONE IS BETTER?

in life •  8 years ago  (edited)

For me investing is better due to the ability to get more ROI. Saving is not and never will be the rich man´s wealth creation strategy.: invest, make profit and re-invest especially in passive generating income. Save in banks and gain practically nothing however diversifying your investments especially in top cryptocurrencies will certainly create wealth for you.

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@charles1, I'll go with you, but investing involves a lot of risk. Sometimes, it doesn't turn out to be as we expected.
Thanks for your comment here.

I agree hence the concept of diversification. Do not ever lay all your eggs in one bascket. Investing all in Bitcoin or Etherium is risky ...hence diversify your profits to steem, Dash , Monero, silver and other passive income opportunities (conservative ones). I wrote some articles (see my page) on scams in cryptocurrencies including limitations of bitcoin and steem. Thanks for your comment.

Oh! Thanks for this. I'll go through your blog later.

welcome, and lets stay in touch

No problem.

Great. More success to you and keep up the interesting posts

Thank you.

Welcome and have a blessed day.