Dividing your salary. - page 17. | Bitcointalksearch.org

Oilacris

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Quote from: buyinbtc on November 19, 2017, 12:20:28 PM

Quote from: sandos on November 18, 2017, 11:42:16 AM

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 Cheesy

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.

If he can afford to put up 50% then let him be since we do have different decisions on handling our salary but as you said maybe he do have huge salary because putting up half of your salary would really be risky.How would you pay up expenses on daily living with the other 50% left on your salary unless if its big then its not a problem as long you do know the risk you are facing on here on bitcoin investment.

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Quote from: sandos on November 18, 2017, 11:42:16 AM

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 Cheesy

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.

Lanatsa

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Quote from: popeye95 on November 19, 2017, 09:57:24 AM

Put around 15% of your monthly wage is good enough.

15% would really be sufficient but for some this allocation would really be too much specially if you do have lots of priorities (Bills,expenses, misc. etc) which would turn out that you will really out of budget if you do impose 15% allocation this is why we should not stress ourself which we should payup the obligations and when everything is paid up then the excess money would be divided which would be put on savings and thats the time you put on bitcoin or any other coins.This would be more wiser for me.

popeye95

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Put around 15% of your monthly wage is good enough.

maarx

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Always plan investing with the amount left after all your planned expenses. Invest half of the left amount in buying bitcoins or altcoins coming up in market with cheap value. This will return you a good profit after few months or years at times.

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Quote from: Pfizer on November 18, 2017, 02:40:53 PM

Quote from: PrinceCaspian on November 18, 2017, 01:20:09 PM

This is a must for all of the people who are planning to invest some of their money because if they will learn how to divide their salary into great places like savings and investment then they might become successful earlier than the usual range or span of an average person to become successful.

I've been doing this for long time. Provide some money from the salary and invest them into cryptocurrency, bitcoin and altcoins. This way, I can get nice returns in the future from my previous investments.

Many people are start to earn many dollar by investing in bitcoin and altcoin.You can inverse your half of the salary in bitcoin to double the money.People now mostly inverse in bitcoin rather than any other altcoin such as ETH,waves.Because in bitcoin only you will get more profit than in altcoin.

Kimliyo0107

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When you divide your salary among your personal expenses, this exercise could shed light on areas of personal spending that might be out of control or in need of attention. Consider creating a monthly budget that lists mandatory and discretionary expenses. By analyzing your budget, you can determine how to best allocate your salary among your monthly expenses.

rhamzter

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I dividing my salary depends on the needed of my family. Moreover, most of the time I save high percentage of my salary for the future of my children. For now I can handle to budget our needed, also I think thru help of bitcoin I do it without any problems in the future. Hoping that bitcoin is not end.

Pfizer

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Quote from: PrinceCaspian on November 18, 2017, 01:20:09 PM

This is a must for all of the people who are planning to invest some of their money because if they will learn how to divide their salary into great places like savings and investment then they might become successful earlier than the usual range or span of an average person to become successful.

I've been doing this for long time. Provide some money from the salary and invest them into cryptocurrency, bitcoin and altcoins. This way, I can get nice returns in the future from my previous investments.

PrinceCaspian

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This is a must for all of the people who are planning to invest some of their money because if they will learn how to divide their salary into great places like savings and investment then they might become successful earlier than the usual range or span of an average person to become successful.

Majesty0109

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I put about 10% of my net worth in Bitcoin, but it has appreciated to become much more than 10%. I'm reluctant to trim any of my best performing asset

sandos

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In my view, I will spend 50% my salary for Bitcoin. Bitcoin always grow, therefore, I can believe I will earn money when investment.

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Quote from: weblaraveluser on November 17, 2017, 10:59:06 AM

Quote from: Rodeo02 on November 17, 2017, 09:48:08 AM

Quote from: hisuka on November 13, 2017, 12:04:11 AM

Quote from: mharz on November 12, 2017, 11:42:44 PM

Quote from: arthotdog on November 12, 2017, 11:06:49 PM

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

Dividing of my salary was depending on our needs, but most of my income was always put in my savings. I just do it because I want to save a lot of cash for the future of my child. I need to prepare it to continue supports their needed in their life.
Since my child is not yet study, I save my income and earnings then the rest was used into my personal stuffs.

Yes it is actually depends on our salary that we have received every cutoff. For me my ways to invest in cryptocurrency, I will pay all my bills, separate the money from bills to daily needs. So probably, once it settle I will invest my remaining salary into cyrptocurrency so lets say 40% but depends still.

and if you are having some emergency too and you are only depends on this are hard to divide at first but if you can manage that that was good so if this was your way on how you can pay some of your bills and needs for me this is where i depends too at first it was really hard for me to divide it but when i learned on how now i can manage it.

If you join bounty campaigns, You still have free time to access this forum even in just your mobile phones or table so i think that there is always a way where you can earn bitcoins or do trading because technology is everywhere.

If you are in need of the profit you will have to maintain n because the more you will follow the rules the more you will have the profit, I am using the bitcoin and it is the need of the time now, a lot of the people are investing and they are aware of the coming time as well so you should have some spare money in the case of the emergency to use and to invest I hope the bitcoin will give you the best value and the price in this way.

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Quote from: Lyancy001 on August 14, 2017, 07:49:38 PM

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?

It depends on your status because if your salary is very high , I prefer to you to invest the 60% of your salary to the bitcoin and other 40% is for your expenses. I know that 60% is very high but I think it is better if you will invest is big amount of money.

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Quote from: w33man on November 18, 2017, 02:32:31 AM

Quote from: Lyancy001 on August 14, 2017, 07:49:38 PM

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?

One of the major rule in investment it, when you invest low you get low, but when you invest high you also get high. Therefore, you need to alot a certain amount that goes to your investment rather than just investing what is left of your salary.

I think you made a good advise, however, you need other priorities besides investing. If you invest majority of your salary then what will happened to your bills or another payment that you need to settled? That's why we also preach here that you should only invest want to can afford. If you invest low then so be it and don't forced yourself to invest big then have problems later. Its not gonna be worth it because there comes a time that you need to take some out of your investment which is not good. Investment is better if you do it long term. So there's nothing wrong investing with a small amount in the beginning.

savinggrace28

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Quote from: barbara44 on November 17, 2017, 12:54:42 PM

Quote from: ?? on ??

Quote from: kkofor on November 03, 2017, 09:22:07 PM

It depends on the amount of your salary. But, for me, 30% salary for investment is suitable.

I agree with you because shared 30% with 70% something suitable and not so detrimental Wink

Everybody do have a level of risk they can take. While some can take some unreasonable risk and be ready to live with it, some can only take minimal risk and know that no matter what and in case the unthinkable happens, they really do not have much to lose.

The same way the risk is high or less is the same way the profit is high or low. For me though I have been going 40% crypto and I am OK with that.

Certainly. Sometimes it is based on the lifestyle and city or place you are leaving. As long as you have a goal and direction, i think it would come a long way. level of risk depends on how far can you go and make sacrifice with the mindset that you can also lose, win or lose to win.

tailwate07

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Quote from: chadzscript on November 10, 2017, 07:34:58 PM

For me i invest my 20 percent of my salary because of high bitcoin value it attempted me to invest.

This is really good that you spend the bitcoin is the time of the saving it is the best time to sell of the bitcoin, I can invest in the bitcoin the high amount of the money and I want to earn the profit I can save the money in the bitcoin and will invest the half in the bitcoin I hope the future of the bitcoin I hope the future of the bitcoin will be very bright I can see the future of the bitcoin being brighter with the passage of the time.

terrific

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Quote from: Jibit on November 18, 2017, 01:58:41 AM

If I have a fixed income such as salary, I will spend about 30% to trade. Salary can't make me rich, but trading can.

Nice choice, instead of saving that to the bank and let the bank earn with your money it's better to invest into bitcoin or buy an altcoin of your choice. But the bad thing is you don't have a fixed salary, what I do is giving 5%-10% at the end of the month and that goes for buying bitcoin. I focus on buying bitcoin only but if there are chances that I might see some cheaper coin, I'll buy it like ETH but only when it's on red days.

janelleshepard

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Spending around 65% for investing in Bitcoin and keep 35% rest use for your daily needs , it's the best way to do for now.

khalifa25

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For me every person should try his bestto dividing a salary, So if he save the money and convert them to bitcoin and save them in bitcoin then as we experienced from past that bitcoin rate is increasing very quickly so that saving money will become a huge money in future.

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