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Topic: Dividing your salary. - page 23. (Read 18196 times)

hero member
Activity: 661
Merit: 500
November 01, 2017, 03:09:46 AM
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 about 10% is a good option. Keep a large part of your main salary as savings and for unforseen contingencies. Then keep another part of your earnings for bitcoin and finally make sure you have enough for daily expenses before spending all your cash.
hero member
Activity: 1372
Merit: 564
November 01, 2017, 01:29:35 AM
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 am investing almost half of my salary and my income here in bitcoin to trading cryptocurrency, half for my daily needs and for emergency cash reserve. Most important thing you always remember when investing is never invest what you can't afford to lose. Do not be greedy and always be patient to avoid major losses.
I agree, being greedy can make us lose more money even if we aim to gain profit. We also need some strategy in terms of trading in cryptocurrencies not just by putting a lot of money in there, but we also need to analyze things. Being greedy is not really helping, if we want to gain profit we need to think twice or trice before entering some trading and investing. 
I don’t have any job and that’s why I don’t have any salary. So this topic is not for me, but for those who have job and are salaried I will suggest not investing all their salaries or most of their salary, because life is not all about earning and making money.

We are not robots. Human needs enjoyment in life and I think the best life is that you spend happily with your family. Enjoy your life and do not save all the money for the future.
Thats good idea, make a your salary divide it into 2 or 3, like half of your salary goes to some investment and the other half is for your saving, because is better to have gather some money in case you need it.
sr. member
Activity: 496
Merit: 254
November 01, 2017, 12:52:12 AM
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 am investing almost half of my salary and my income here in bitcoin to trading cryptocurrency, half for my daily needs and for emergency cash reserve. Most important thing you always remember when investing is never invest what you can't afford to lose. Do not be greedy and always be patient to avoid major losses.
I agree, being greedy can make us lose more money even if we aim to gain profit. We also need some strategy in terms of trading in cryptocurrencies not just by putting a lot of money in there, but we also need to analyze things. Being greedy is not really helping, if we want to gain profit we need to think twice or trice before entering some trading and investing. 
I don’t have any job and that’s why I don’t have any salary. So this topic is not for me, but for those who have job and are salaried I will suggest not investing all their salaries or most of their salary, because life is not all about earning and making money.

We are not robots. Human needs enjoyment in life and I think the best life is that you spend happily with your family. Enjoy your life and do not save all the money for the future.
newbie
Activity: 56
Merit: 0
October 31, 2017, 11:47:10 PM
This is called DCA = dollar cost averaging. But be careful of the transactional costs. That might eat into your profits massively
Ctn
sr. member
Activity: 644
Merit: 259
October 31, 2017, 10:15:11 PM
Here is my dividing of the salary.


Well, from the X salary that get each month I will always have 20% of X into my savings account that is I will keep it locked out in the fixed deposit. Then I will put my 30% of X into grocery needs for that particular month including the house maintenance which include electricity bills, housing water and gas line etc. Then I will put 10-20% of X into entertainment of my whole family, like going out with them, going for long travels etc. And then finally my 30% of X goes all into crypto currency from which I earn more than sufficient as compared to my whole salary. Well I dont spend the bitcoin currently as long as I need it badly to cover few things in real world. Then I will store them locked and will watch the price grow. :-)
hero member
Activity: 552
Merit: 500
October 31, 2017, 12:36:09 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?

Perhaps let us talk first of the average income or surplus per month. I cannot be sure of the exact surplus of your salary that is left in a month. But generally, if we divide our monthly salaries, there should always be a percentage devoted to savings. For some others, there is even a small portion devoted to leisure and parties and other relaxing activities. Perhaps we could try 50% of the savings will go to crypto. And another 50% of the allotted budget for relaxing activities will be invested to crypto as well. 
Actually the best way to keep your salary safe and do not become die money is use that amount to buy gold or real estate. You have to know the total population of the world always increase every day. Therefore, the demand for housing always necessary in future Smiley.
full member
Activity: 420
Merit: 102
October 31, 2017, 01:27:53 AM
Im not particular with the percentage but im on the priciple of traders to invest your money which you can afford to loose. As we all know any investment has a risk so should be intelligent with your decision specially when it involves money.
This is the basic principle for staying on safe side in trading. We should never ever invest more than what we can afford to lose because in the latter case, you are going to take money from others in order to meet your loss which will further put you in debt.

I have seen people who just by investing more than their capacity are later on borrowing money form others to meet their basic needs.
member
Activity: 68
Merit: 10
October 30, 2017, 01:04:22 AM
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 would only invest up to 5% no more. My salary does not allow me to make extra spending, which is very risky, it's better to spend on the family than on a project with very unstable earnings.
member
Activity: 112
Merit: 10
October 30, 2017, 12:33:49 AM
In this present situation to make savings from salary is very difficult to be honestly saying in the whole year three or four months only I am getting chance to save 20% to 30% of my salary if there is no medical expenses then only possible. So I have a plan to go with cryptocurrencies that also Bitcoin is the safest I feel so that my less savings also make some additional income.
full member
Activity: 387
Merit: 100
October 29, 2017, 06:26:47 PM
I am started to divide our expenses at home from the salary of my husband.  When i have some extra money out of our budget monthly, i separate it and when i am able to invest once again, i will do it as early as i can so that my investment may grow one step at a time.
legendary
Activity: 2576
Merit: 1860
October 29, 2017, 06:03:06 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?

Perhaps let us talk first of the average income or surplus per month. I cannot be sure of the exact surplus of your salary that is left in a month. But generally, if we divide our monthly salaries, there should always be a percentage devoted to savings. For some others, there is even a small portion devoted to leisure and parties and other relaxing activities. Perhaps we could try 50% of the savings will go to crypto. And another 50% of the allotted budget for relaxing activities will be invested to crypto as well. 
full member
Activity: 256
Merit: 100
October 29, 2017, 05:25:00 PM
As a mother, I follow the 80/20 split. 80% for expenses and 20% for savings in any form. From that 20%, 5 goes to bank as emergency funds and 15 goes to investing, like life insurance, stocks and cryptocurrency. It's okay to stray a little from these as long as the need arises instead of the wants.
sr. member
Activity: 432
Merit: 250
October 29, 2017, 04:58:53 PM
I would say only 5-10% ,
You have the funds to trade and invest on bitcoin but you cannot risk a major proportion of salary in it . If you are an expert in trading then you can investing a higher percentage but if you are new to it then i suggest you to start low key .
Trading needs a little experience and tactics to know whether the trade will be beneficial or you will end up getting heavy loss.
Divide 10 to 15 percent of your salary to invest into bitcoins. Try to buy more bitcoins if possible as the price will keep increasing. You would surely get benefited from bitcoins. plan accordingly.
In my opinion, 10 to 15 percent of your salary is a lot of money, because you can not take profits through Bitcoin every day as your job. Therefore, I think 5 percent of your salary will be good. After one years, you can have a lot of Bitcoin in your wallet with low risk.
sr. member
Activity: 546
Merit: 290
October 29, 2017, 03:17:55 PM
I think you should spend about 40% to 50% your salary to invest. If you put all your money to cryptocurrency. If risk happens, you will be starved.  Cheesy
hero member
Activity: 882
Merit: 517
cloverdex.io
October 29, 2017, 01:18:46 PM
I would say only 5-10% ,
You have the funds to trade and invest on bitcoin but you cannot risk a major proportion of salary in it . If you are an expert in trading then you can investing a higher percentage but if you are new to it then i suggest you to start low key .
Trading needs a little experience and tactics to know whether the trade will be beneficial or you will end up getting heavy loss.
Divide 10 to 15 percent of your salary to invest into bitcoins. Try to buy more bitcoins if possible as the price will keep increasing. You would surely get benefited from bitcoins. plan accordingly.
hero member
Activity: 1022
Merit: 538
October 29, 2017, 12:52:43 PM
if you are permanent employer and you have extra time and you want to do extra job then you have best option to work with bitcoins forum and also if you have saving money from your job salary then you can invest your money in bitcoin forum in various coins and earn enough money. but you should have enough knowldge about bitcoin when you starting working with bitcoin

You need to spend a lot of time to get enough knowledge about Bitcoin. If you have to trade, you have to stay with the computer for long hours.
For something better, you have to make big efforts. Like if you want to make some good results in exam, don’t you have to do better practice of math questions, isn’t ? Concept is almost same.

If you make money and more profit you aim, then definitely you will be making more efforts toward it, else it is sure that your will not be reaching your goal. So try hard, and earn more.
sr. member
Activity: 652
Merit: 250
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October 29, 2017, 03:59:16 AM
I would say only 5-10% ,
You have the funds to trade and invest on bitcoin but you cannot risk a major proportion of salary in it . If you are an expert in trading then you can investing a higher percentage but if you are new to it then i suggest you to start low key .
Trading needs a little experience and tactics to know whether the trade will be beneficial or you will end up getting heavy loss.
full member
Activity: 532
Merit: 103
October 29, 2017, 02:58:39 AM
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?
Calculate how many percentage of your salary is left out after spending for all your needs.  I would better suggest to invest 50% of your remaining amount into. Bitcoin as an investment. As the price is increasing, you can very well contribute more than 50% of the remaining amount.  Good luck dude.
full member
Activity: 630
Merit: 100
October 29, 2017, 01:18:00 AM
I try not to be over the board with my budget as far as crypto currency goes. I always have long perspective to this, so i regularly invest 10% of my monthly salary on Bitcoin
newbie
Activity: 26
Merit: 0
October 29, 2017, 01:14:37 AM
Im not particular with the percentage but im on the priciple of traders to invest your money which you can afford to loose. As we all know any investment has a risk so should be intelligent with your decision specially when it involves money.
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