It could be both. Saving money in a bank and investing it are equally good and bad. Banking might seem more secure but you only lose in the long term because of the high inflation rate taking place. Additionally, investing in the wrong area is also bad. I'd rather invest than to save in a bank, and I'd rather invest in both gold and bitcoin.
Although this topic already has a lot of answers, I will give my opinion too and I quoted you cause we have similar way of thinking about
this topic. Both have their pros and cons, what suit one person is a nightmare for other.
The answer depends on goals and financial situation, investing can be a great way to get more from your money, but its not for everyone.
For many people it is better to save and do nothing, then to risk and lose everything.
Well it depends on how much aware you are about the system. Are you predicting or not do u know the ups and downs etc. if you know these things then its not a problem to save or invest. You can buy and hold for a higher rate or you can invest as an exchange. One more thing bit coin is a stable thing so I dont think its a threat.