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Topic: Dividing your salary. - page 42. (Read 18196 times)

full member
Activity: 252
Merit: 100
August 22, 2017, 02:39:48 AM
#39
Tell you what, I've saved up about 30% of my salary for 6 months last year. And used that to buy bitcoin and bitcoin was priced around $500-$600 that time, I didn't even had 1 whole bitcoin to begin with. And then alts happened to me, I divided what have to buy alts and the bull runs. I've learned a lot along the way. Best decision I've ever had in terms of my personal financial management.
sr. member
Activity: 560
Merit: 269
August 21, 2017, 04:49:41 PM
#38
Yeah. Us an employee. You don't want your hard earned money drains quickly and spend it to something that is not necessary. So you need atleast something that can make your money safe and accumulating value over time. Then bitcoin is a good option for you. You can't be a forever employee. So save money while you can. But don't invest all your salaries to bitcoin.
hero member
Activity: 1484
Merit: 516
August 21, 2017, 04:19:52 PM
#37
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?
Same as you but upside down I have to share my income from bitcoin to save in bank, I work as an employee just enough to have fun happy, earnings from cripto is very different far from salary money as employee.
hero member
Activity: 728
Merit: 500
August 21, 2017, 04:09:50 PM
#36
Well lets say that i divide my monthly salary in three equal parts.
First is for my expenses, food and hangouts with my friends or family. The second is for buying stuff, future vacations, etc. And the third, i invest all in crypto; Bitcoin, ethereum and waves.
By this way i what i want, and also invest for my future.
sr. member
Activity: 406
Merit: 250
August 21, 2017, 04:07:09 PM
#35
I'd say up to 5% if you can do it.  Take care of all your needs first,  or else you'll end up having to sell and it may not be at the price you want.   I'd get into a retirement plan too, if you can.  Crypto is way more risky and bitcoin is at its all time high.   You say we're heading for the moon, but we may already be there.

I'm doing more of this percentage, I'm going with 20% of my salary although this makes my life harder. I'm dreamin about getting a big profit by holding them until 2025. This is not for everyone, requires high moral and patience.
full member
Activity: 448
Merit: 100
Lets Go Adab
August 21, 2017, 03:40:24 PM
#34
I am also an employee but when i found out about how to earn money in here by working to some startup companies and being paid by bitcoins then i am very interested of working to this as a sideline. I started with nothing and just joining signature campaigns. I tried trading but not that much because its very risky and it takes too much time. I think what will work out on you the best is just join signature campaigns and also do white papers for extra income.
sr. member
Activity: 734
Merit: 250
August 15, 2017, 04:12:14 PM
#33
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?
Even it is crossing around the universe if alien were exist trust me they will start using bitcoin because the price of 1 bitcoin is unbelievable so i would like to say that we should buy bitcoin in these days because in the end of year it will reach to 10,000 USD which is quite possible for bitcoin so let's join bitcoin and go for investment in bitcoin.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
August 15, 2017, 02:32:45 PM
#32
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?

Percentage depends on how you budgeting your money to all your regular spendings. No one here didn't know the breakdown of your expenses so definitely you can have a random answer like 50% , 40% , 100% etc.

If you think you have spare money to spend then considered using that to buy bitcoin. But with the price increase, surely you also need big capital to purchase a big fraction of bitcoin. The best thing to do is to find a way where you can accumulate bitcoin without putting your fiat money. We have lots of opportunites , just explore what's fit for you.
legendary
Activity: 1106
Merit: 1000
August 15, 2017, 02:23:45 PM
#31
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?

My suggestion, first you should calculate what you need to pay use your money, then you can invest the rest into bitcoin (if you can afford to lose, but I trust bitcoin can go rise again) but because it's fiat you should consider the price of bitcoin when you want to buy it, make a portion of your saving and make a schedule when you want to buy, in this case you should see the trend, also make an analyze too. It's just my suggestion to make the maximum investment profit.
sr. member
Activity: 1036
Merit: 275
August 15, 2017, 01:59:04 PM
#30
Well, i dont have a fixed salary, i work as a freelancer in very different ways, i am to flexible and i have a few incomes around the internet, i can say that my monthly income depends on the internet.
I give a 20% of my income to my parents, i gave them that help so they can pay their expenses, and if they wanna buy something, etc.
All i earn is in bitcoins, so i keep a 60% and hold them for a near future.
and the other 20% is for me, for buying stuff, etc.

hero member
Activity: 896
Merit: 520
August 15, 2017, 01:46:02 PM
#29
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?

Actually what you are saying was happened earlier. Please do as you saying. I have noticed many chaps who are all buying it with their salary in the year 2015. In recent days I didn't find that happening.
hero member
Activity: 840
Merit: 500
Borderless for People, Frictionless for Banks
August 15, 2017, 01:15:53 PM
#28
Hello, as we all know that  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?
BTC is a very HIGH risk investment. So any percentage that you can´t afford to loose is too much. Be conservative, take what you need for expenses, then pay out any debts you have, then save some money ( a guy should have at lest six months of expenses covered in savings ) then invest in low risk and only then risk your money.
yeah according to my advice i never suggest anyone to invest in it. i think the better way is that you wait for the right time and wait for the price to down upto $3000 plus atleast and for now my advice to you is just hold your nerves for now and just wait and watch just wait and watch.
Actually if Bitcoin can correction price to $3000, this is best base price if Bitcoin can't breakdown or close candle D1 under this price.
Because after correction price complete, the price of Bitcoin will stable like last month and continue growth until last this year.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
August 15, 2017, 12:48:38 PM
#27
I will suggest you to atleast save 25% or more of your salary in bitcoin and in different alts if you can afford it. I am saving almost half of my savings in bitcoin/altcoins and half in shares of different banks/projects in my country. I have multiplied my total savings by 10x till now and I am quite sure you can also make similar profit within next few years if you start to invest your salary in multiple cryptos from today.
sr. member
Activity: 658
Merit: 256
August 15, 2017, 11:55:03 AM
#26
True, it is quite difficult to tell you percentage based on salary. I would say 50% of your left over salary after paying living expenses and put aside some money for raining days (In case of emergencies).

Why not sitting down and plan your monthly funds, you will have a better picture.
sr. member
Activity: 477
Merit: 501
August 15, 2017, 10:28:08 AM
#25
Hello, as we all know that  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?
BTC is a very HIGH risk investment. So any percentage that you can´t afford to loose is too much. Be conservative, take what you need for expenses, then pay out any debts you have, then save some money ( a guy should have at lest six months of expenses covered in savings ) then invest in low risk and only then risk your money.
yeah according to my advice i never suggest anyone to invest in it. i think the better way is that you wait for the right time and wait for the price to down upto $3000 plus atleast and for now my advice to you is just hold your nerves for now and just wait and watch just wait and watch.
sr. member
Activity: 588
Merit: 254
August 15, 2017, 10:24:13 AM
#24
I'd say up to 5% if you can do it.  Take care of all your needs first,  or else you'll end up having to sell and it may not be at the price you want.   I'd get into a retirement plan too, if you can.  Crypto is way more risky and bitcoin is at its all time high.   You say we're heading for the moon, but we may already be there.

If we're already at the moon, we're now going to Mars! To the Stars & Beyond!

I mean really... This is not at all the maximum. It's going to rise more. I've done some calculations a couple weeks ago and came to an awesome conclusion! Check it out here: https://steemit.com/bitcoin/@pizzachain/how-high-can-bitcoin-s-price-really-go

Regards,
Trump
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
August 15, 2017, 10:21:15 AM
#23
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?

Depends on how big your salary is because that's where you'll base your expenses and savings. If you have a pretty big salary, i think 50% for savings and investments would be sufficient and would still give you flexibility for your other expenses.  If you're making less though, best of you learn how to properly budget your salary because it depends on your needs and necessities.
sr. member
Activity: 686
Merit: 250
August 15, 2017, 09:55:55 AM
#22
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?
BTC is a very HIGH risk investment. So any percentage that you can´t afford to loose is too much. Be conservative, take what you need for expenses, then pay out any debts you have, then save some money ( a guy should have at lest six months of expenses covered in savings ) then invest in low risk and only then risk your money.
sr. member
Activity: 1512
Merit: 316
August 15, 2017, 09:37:03 AM
#21
Try to first analyze what is the total monthly expenses. After that how much amount remains. If you still feel that you have good excess amount left after investing in stock market, currency etc then invest in the btc . Also keep some amount every month with you as a contingency amount. Rest of amount you can divide and invest in btc or other some good altcoins as even they have good chance to rise in future.
sr. member
Activity: 588
Merit: 351
August 15, 2017, 09:24:51 AM
#20
         This is only an advice, but it is still up to you to decide for your own good. As what the situation goes, if you had some spare amount of money in your pocket or wherever it is, you can decide to put it up to bitcoin as your personal savings, or maybe you can choose to invest some amount when you are ready. Anyway investing in bitcoin is not an order to obey, or you are forced to do the move.
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