Topic: Dividing your salary. - page 16. (Read 18196 times)
Like you I'm also a regular employee, I do take 5-10% of my salary for investments. I think it's the ideal percentage if you are just earning enough to support your family needs. Proper allocation of salary is indeed the hardest part of the process but you must always put into consideration your personal expenses. Adjusting of percentage for investment is quite easy as days or years go by. But don't rush into things, calculate and evaluate it first. If you don't have a family to feed yet then I guess 20-30% of your salary is feasible.
Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
30% is enough but it still depends on how much is your salary. What I recommended is good for average earners but if yours is more than that then go above 50%. If you are also a breadwinner of your family, 10% is a good percentage.
Being a beginner in this field only about 30% of your total income is quite enough to used for this purpose and the rest of it must be spent for the daily needs and the rest of it should be saved up beside until the time comes when you actually confident about your knowledge in this field and are ready to apply at for getting the best possible outcomes.
Find a percentage of your salary that you can afford to lose. There is no need to put yourself in debt just so you can hold more cryptocurrency.
My salary is about 700$ per moth, so i spent 450$ each money to invest in Bitcoin , hope someday i will be rich soon.
As a first timer, just try to invest 10% of your salary. Do not risk a big percentage of your money just yet. As soon as you receive the profit, increase the percentage allocation relative to the confidence and trust that you are giving bitcoin.
This is a sound decision, you need to allocate your money and learn how to prioritize. If you are a salary man, make sure that you also do investments and try to learn from it, then as time goes by make sure that you can invest half of your salary, in order for you to gain more profit. We must learn how to do budgeting, in order for us to determine, how we can tolerate the market, if we can give all our extra money to investments. There is a good allocation of money that you need to do, first will be the dues and securiy, those are the needs, then savings, then investments, and what is left, should be you expenses, like buying clothes or shoes, in time, you should have allotted more of your money on investments and savings than your expenses.
I believe trading and joining marketing campaign in this forum are better than mining cause with mining you have to invest a lot of money to purchase exploration machine and it decide to try lengthy to obtain your money-back using the diff at this time. I'm also earning money by buying and selling and joining marketing campaign in right here but I avoid using my money to industry, I only use BTC I gained from strategies and then try to learn and produce with trading
Mining is hard to do, it's tools is very expensive. Joining ICO is better than mining, many projects are success then makes the investors get many profits. 
Well dividing our salary is very good idea so we can manage it better, the 70% of my salary is i use for investing here in bitcoins and in altcoins, but i am just buying when the price of this coins is will dumped and the other 30% of my salary is i use for my daily needs in life and for my families daily needs also.
Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
30% is enough but it still depends on how much is your salary. What I recommended is good for average earners but if yours is more than that then go above 50%. If you are also a breadwinner of your family, 10% is a good percentage.
Being a beginner in this field only about 30% of your total income is quite enough to used for this purpose and the rest of it must be spent for the daily needs and the rest of it should be saved up beside until the time comes when you actually confident about your knowledge in this field and are ready to apply at for getting the best possible outcomes.
Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
That depends on your average monthly salary. Investing in cryptocurrency should be set aside if your income is not enough for your basic needs. Let's say, you're average monthly income is $3,000. That amount will be enough to be divided according to your needs, and some part for cryptocurrency investment. 33% of that ($1,000) will be a good start for trading in cryptocurrency. I don't recommend bitcoin at this point because its price is too high for now to buy. Altcoins like waves, ripple, and steem are ideal starter pack for crypto-trading. you can buy a lot of these 3 altcoins with $1,000. You can divide $1,000 into 3 parts or invest all $1,000 to one of these three (but the former is better). Take note that this is monthly basis. It's your choice if you want to add more investment for the mext month or not. Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
I save 20% of my salary to buy bitcoin whatever bitcoin price at that time. I have plan to sell all my bitcoin if bitcoin hit 10.000 USD.
So if bitcoin price down that's an opportunity for me to buy bitcoin.
Users who had the habit of dividing the salary and use upon different needs and on bitcoin buying regularly were highly benefited. Now it's the time for us to divide the salary and invest into different cryptocurrency available and in specific bitcoin gives a confirmed earning on our divided spending.
Since 2008, I am receiving salary from the month salary I plan and divide it accordingly. One part is for my house rent, second one for food expenses, third one for my children school fees and related expenses, forth one is medical and miscellaneous. What ever balance in hand I save it and having plan to invest some where. Luckily I came to know about bitcoin and I am learning about it.
Just take the excess in your salary pay first the bills and the daily needs.then the remaining will be allocated for investing.then upon doing that process join campaigns so you could gain another funds to add in your investments from that circulation u would gain more and more as process go
It depends on the salary you are receiving monthly.I normally invest all my remaining amount in salary after my all expenses.I think 30% may be a reasonable amount of the salary to be invested in bitcoins.You can meet your expenses from the salary and the remaining may be invested to get profit from market of bitcoins.If you hold on bitcoins for longer time , there may be more chances of profit from your capital. In my view, I will spend 50% my salary for Bitcoin. Bitcoin always grow, therefore, I can believe I will earn money when investment.
You must be earning huge salary then, or you can somehow survive without food and paying fees
50% sounds impossible to invest somewhere, i tried to spend as less as possible one month and in the end i could invest only 9% of my salary! Now that number is lower, around 60$ a month as their price is huge now so i can't buy more.Agreeed. All investments have the potential to go to $0. Be mindful of your investments and market turning points.
Before even trying to have a percentage set in for investing in cryptocurrency you need to find out first how much do you need in our salary to cover up your expenses? As it is one of the crucial information needed in order for you to know how much residual income you have. Division of salary will not be followed if you don't have the proper financial planning. You need to have the best estimate possible in order for you to have a comfortable and continuous funding for your investment.
In my view, I will spend 50% my salary for Bitcoin. Bitcoin always grow, therefore, I can believe I will earn money when investment.
You must be earning huge salary then, or you can somehow survive without food and paying fees
50% sounds impossible to invest somewhere, i tried to spend as less as possible one month and in the end i could invest only 9% of my salary! Now that number is lower, around 60$ a month as their price is huge now so i can't buy more.Agreeed. All investments have the potential to go to $0. Be mindful of your investments and market turning points.
Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
Dividing one’s salary is an effective method for an investment. A good standards of percentage when it comes to invest would always be around 25-35%, this is he safest division that one could gamble in an investment. However, if you wish to earn more, then you need to increase beyond he standards.
In my view, I will spend 50% my salary for Bitcoin. Bitcoin always grow, therefore, I can believe I will earn money when investment.
You must be earning huge salary then, or you can somehow survive without food and paying fees
50% sounds impossible to invest somewhere, i tried to spend as less as possible one month and in the end i could invest only 9% of my salary! Now that number is lower, around 60$ a month as their price is huge now so i can't buy more.Agreeed. All investments have the potential to go to $0. Be mindful of your investments and market turning points.
I couldn't agree more. Invest what you an afford to lose.
I am also starting to properly budget my salary. Clearing my debts first ; ) Then I'd stick with 50-30-10-10. Ten percent goes to crypto-currency.
I am also starting to properly budget my salary. Clearing my debts first ; ) Then I'd stick with 50-30-10-10. Ten percent goes to crypto-currency.
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