Dividing your salary. - page 5. | Bitcointalksearch.org

Rdrrakel

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Quote from: chel0 on March 13, 2018, 06:45:34 PM

Investing part of your salary is a good idea but it should be first thing first. Important things should be dealt with like buying your daily basic needs before anything else. Secondly, what is left from your salary after having those important things, you may divide it into half then keep the 50% for emergency cases then the other half into crypto-currency as your investment.

In addition he have to revise his "basic needs" to move away from unnecessary spending.

jassanpary

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Quote from: cryptokitty on March 13, 2018, 06:48:32 PM

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?

Yes, everyone can do it, dividing a salary for any future investment. Financial management will be needed in doing this things specially for those who are not earning big.

Financial planning is very important divide salary based on our income and expenditure. After dividing the salary and spending the money according to our commitments can invest the remaining amount into bitcoin or any other types of altcoins, so proper plan is required that can be done by dividing our salary.

bullet007

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They are advised to invest at least 10% of their income. But cryptocurrency is a very risky investment and a lot of money in them is not worth investing.

yacare

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Excellent idea! It is necessary to understand what part of the salary you are ready to put in the future. You shouldnt risk all savings. Everything needs to be able to be separated. It is probably necessary to consider also other directions for investments

cryptokitty

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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?

Yes, everyone can do it, dividing a salary for any future investment. Financial management will be needed in doing this things specially for those who are not earning big.

chel0

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Investing part of your salary is a good idea but it should be first thing first. Important things should be dealt with like buying your daily basic needs before anything else. Secondly, what is left from your salary after having those important things, you may divide it into half then keep the 50% for emergency cases then the other half into crypto-currency as your investment.

Ailmand

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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?

That's a great idea mate, and I think many people would ideally want to do that; however, I think that when money constraints set in, it would be difficult for many to do that who don't have much money to spare from their salaries. But, if you really have that sort of extra, then I would suggest for you to go for it. But, don't put all you savings in it because it's still better to at least have money to use in case of emergencies. I you would do that, then think of it as a time deposit so that you won't be tempted to pull your investments out.

Golegard

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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?

No stable income in btc because the price is volatile, and bitcoin is one to add a money even you have a job. So that if you habe job it is good to spend some money to bitcoin by investing or trading, this is the best way to earn big amount of money but need first the knowledge about crypto world. I will suggest that don't put all your money in bitcoin, it is risky but if this is successful your life become comfortable.

milewilda

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Quote from: royale143 on March 13, 2018, 04:05:38 PM

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?

If you have some money to spare apart from the savings you should be sparing, then I would say that it would be a good idea to invest in cryptocurrency. You can treat it as a time deposit in bank that would take years before you encash; the beauty of it is that every time Bitcoin surges value, then the better move would be to encash it and then buy some Bitcoin again when it dumps and add the profit to your savings. That way, you get to invest at the same time not have your profit just fly away. However, if you are serious with doing that, you should at least be updated with how the market is doing.

Making yourself updated should really be done when you are doing investment with bitcoin and its always a wise move for you to make which you should sell out when price tends to go up and then buyback when the price tends to go down again.Rinse and repeat and you will able to grow your bitcoin holdings.Saving up money should be partitioned into 2 parts once is for pure savings and one is for investment.

pinky

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Instead of depositing to bank account it is good idea to invest in cryptocurrencies and retire early. Traders are persons whoc exchange their money for freedom rather than trading their freedom for salary Wink

I never buy useless stuff and save money in order to invest more to cryptocurrencies. Best strategy is to know what you are doing.

royale143

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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?

If you have some money to spare apart from the savings you should be sparing, then I would say that it would be a good idea to invest in cryptocurrency. You can treat it as a time deposit in bank that would take years before you encash; the beauty of it is that every time Bitcoin surges value, then the better move would be to encash it and then buy some Bitcoin again when it dumps and add the profit to your savings. That way, you get to invest at the same time not have your profit just fly away. However, if you are serious with doing that, you should at least be updated with how the market is doing.

hynext

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Last year, I divided my salary about 30% and I bought altcoin and even bitcoin when it's high. But I never regret it because I'm a hodler. Well, you can buy only if you got an extra money. Never try to loan your salary because you may lose. Nevermind the price if you want to you make your own goal on how to manage them.

Ayush rana

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You can only invest if you have enough time and money. You can invest from your savings i will prefer you to invest 40% of your savings in crypto currency and other 60% you can do a general savings of that

Bosx1ne

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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?

We can make more money if we have good allocation of our salary. We should estimate all our expenses before we create investment here in the cryptocurrency world. You should divide your profit properly for you to make more money.

Birin016

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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. Take risk to get profit.

akram143

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Quote from: zhekinsp on March 11, 2018, 03:50:53 AM

You can divide the portion from your salary which you are spending that for no useful things like for entertainment or like the bad habits like smoking and drinking,then you can invest on them crypto currencies one day it will pay you off.But never try to invest the lended money into crypto because it is an unstable market you can lose all your money in no time.

Yes dividing your salary is a tough job for that you need an pre plan for earning and savings it will help you a lot without confusion and to make a better dividing statistics for your earnings.

mickeybuddy27

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Quote from: Mr.John19 on March 07, 2018, 05:48:06 AM

Money management is the key to dividing your salary. In my calculation 25% of your salary for the investment. Why only 25% because you don’t know when the exact time your profits will be back. Investing is a very risk you don’t know when the value of your investment goes pump. 75% for your daily need and to your bills every month and others expenses. Good Luck.

It is good that you give portion of savings from the total income which can be use for investment. We do not have to practice spending money and save what is going to left but instead set the savings before to begin spending because there are lot of things that have to pay for and sometimes we buy things which we not yet need. Budgeting of money is good practice to divide your salary.

heninur

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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?

my advice is to save 30% of your salary every month, do not invest before the money you collect a lot and enough to invest, I am sure by collecting 30% of your salary, in the next few months will be collected a lot of money, if you feel the money is enough to be invested in bitcoin, then immediately buy bitcoin and invest.

zhekinsp

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You can divide the portion from your salary which you are spending that for no useful things like for entertainment or like the bad habits like smoking and drinking,then you can invest on them crypto currencies one day it will pay you off.But never try to invest the lended money into crypto because it is an unstable market you can lose all your money in no time.

dg2010

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This is a good idea. let's spend amount of your salary to invest in crypto. you can earn more money than your salary if you are an expert

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