[Vehlijanta]

I find different ways to invest money and one of those is to deposit in banks in Recurring deposit scheme and in fixed deposit

[Reboot]

It's still better to save in the bank before thinking of investment

[Joseph83]

It's still better to save in the bank before thinking of investment

Saving in bank doesn't offer much gains as with investment

[Reboot]

But it secures our savings

[cinderella]

We can also consider Time Deposit. This is a bank service that gives interest higher than that of a savings account. This is a safe investment because it is also insured by the PDIC or the Philippine Deposit insurance Corp.

[Reboot]

I save in my account and I also invest in an investment that will earn me more

[Joseph83]

Most fiat currency is getting low on value , investment should be better than saving . An idle money is a wasteful money

[ahmedo24]

Legit investment both online and offline is much more prefered to saving money in the bank for little Interest.

[Abigael]

Legit investment both online and offline is much more prefered to saving money in the bank for little Interest.

Yeah, I also prefer investing so as to earn the profit instead of just letting it sit there in the bank. However, it so hard to get legit investment platforms and so I just save the money.

[oldbuddy]

Do yourself a favor and check this link below for BitCoin. You could have bought in 1 year ago (change the chart to see) at 10,000 and today it is at 13,000. What bank or investment is going to pay you 30% per year?

https://www.google.com/search?rlz=1C1CH ... 9sQ4dUDCA0

[Vehlijanta]

30%is a lot and yes bitcoins can help in making this much return in months.

[George10640]

One should never leave his/her money left idle.I think I prefer investing and before finding a good investment place to invest ,it could be nice to you save it with places like money market funds.

[Pousinha]

I live in a country where still there are local federal treasury bonds offered at a good rate. It's better to catch the opportunity until the current rate lasts, because government/central federal bank may lower them. But I involved in a business too, as where I live it exists an opportunity offered to become very little entrepreneurs at too low cost. I think all depends on the country where we live too, in order to take this decision. I'd like to invest in cryptocurrencies too, but my country is not that cryptocurrencies friendly as coinbase and all big wallet online are not latin America friendly.

[oldbuddy]

I live in a country where still there are local federal treasury bonds offered at a good rate. It's better to catch the opportunity until the current rate lasts, because government/central federal bank may lower them. But I involved in a business too, as where I live it exists an opportunity offered to become very little entrepreneurs at too low cost. I think all depends on the country where we live too, in order to take this decision. I'd like to invest in cryptocurrencies too, but my country is not that cryptocurrencies friendly as coinbase and all big wallet online are not latin America friendly.

I think a more appropriate statement would be Latin America is not Cryptocurrency friendly, because it sure works well in other countries.

[Pousinha]

It's both. Us latin American citizens and residents would be happy to invest in cryptocurrencies (and some of us does, in spite of being too risky because we are easily scammed by our local exchanges, the only way we have to convert cryptocurrencies to FIAT), but coinbase and the other big online wallets don't let us add our bank accounts noe paypal, as coinbase lets european and USA/Canada resident do. We can't negotiate and we can't exchange. Our best local exchange, the 2018 awards winner, scammed for millions and is under trial. I lost 8,34 euros worth of bitcoin cause that scam If I could make a fully use of coinbase, nothing of this would happen. If the latin american best awards winner echange ended this way, what to expect by the non-winners? We must risk with the others.
People who live in a tier1 (maybe tier2 too) country don't face these matters and have more investment options. Us living in tier3 and 4 must act in conformity of our particular circumstance. In Brazil is local federal treasury investment and micro-enterprise investings. If we know well markets, maybe stock exchange investments too. We only must be aware we cannot invest in stock exchange what we can't afford to lose.

[oldbuddy]

It's both. Us latin American citizens and residents would be happy to invest in cryptocurrencies (and some of us does, in spite of being too risky because we are easily scammed by our local exchanges, the only way we have to convert cryptocurrencies to FIAT), but coinbase and the other big online wallets don't let us add our bank accounts noe paypal, as coinbase lets european and USA/Canada resident do. We can't negotiate and we can't exchange. Our best local exchange, the 2018 awards winner, scammed for millions and is under trial. I lost 8,34 euros worth of bitcoin cause that scam If I could make a fully use of coinbase, nothing of this would happen. If the latin american best awards winner echange ended this way, what to expect by the non-winners? We must risk with the others.
People who live in a tier1 (maybe tier2 too) country don't face these matters and have more investment options. Us living in tier3 and 4 must act in conformity of our particular circumstance. In Brazil is local federal treasury investment and micro-enterprise investings. If we know well markets, maybe stock exchange investments too. We only must be aware we cannot invest in stock exchange what we can't afford to lose.

Each investor must do their own research and take the risks until they find the right path that works for them. Recently I had my PayPal account terminated and they confiscated $900 USD from one and $200 USD from another and I live in the United States. PayPal does not allow any Crypto Exchanges. If I were in your place, I would be looking for a peer to peer solution like LocalBitCoins.com and start slow until you find reliable contacts.

[Pousinha]

Thank you for concern. I'm so sorry about your paypal account . Why terminated?
No, paypal is not crypto friendly, but in this forum there is a discussion about next year paypal will build an internal cryptocurrencies exchange. I hope paypal won't go retracing its footsteps .
As you live in USA, I suppose cryptocurrencies are one of the best options for you (as federal treasury is one of the best for me) especially if you buy cryptos when their value is low and sell when value increases.

[JASPREET]

The users who are from other countries have the option to keep their money in PayPal and many does that and withdraw to bank account when they want but there is a little risk because you cannot trust paypal

[oldbuddy]

Thank you for concern. I'm so sorry about your paypal account . Why terminated?
No, paypal is not crypto friendly, but in this forum there is a discussion about next year paypal will build an internal cryptocurrencies exchange. I hope paypal won't go retracing its footsteps .
As you live in USA, I suppose cryptocurrencies are one of the best options for you (as federal treasury is one of the best for me) especially if you buy cryptos when their value is low and sell when value increases.

I buy Crypto when it is very low, but most of my balance is from prizes and bonuses generated by the free advertising I use.

[Ewogboka]

The users who are from other countries have the option to keep their money in PayPal and many does that and withdraw to bank account when they want but there is a little risk because you cannot trust paypal

The fact that you keep money in PayPal doesn't they will give you interest so I don't think it a way of investing.