Topic: Dividing your salary. - page 6. (Read 18196 times)
You have to take averything you need for your self first and your family if you have children and wife then take all that secure first before you investing in crypto to make sure that you can hold your coins for atleast 1 year.
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.
Yeah it is and if you can afford to invest in bitcoin for like 70%-80% of your monthly salary to bitcoin and the rest is for your everyday needs, why? because the more you invest in bitcoin, the more profits you got. its no doubt, just believe and continue believing in your bitcoin, because you have/had good future in bitcoin by having this bitcoin and hold this for more years. I totally reason a lot with you though as everything depends on your responsibilities and how much risk you can take. It is always good to manage one's investment portfolio very well which can only be done with very good knowledge of the investment area as well as the risks involved which would help inform one's decisions. The percentage to invest on bitcoin depends on how much salary you receive
the key in managing and also growing our investment is our knowledge, without proper skill and knowledge we will never be able to gain profits from our investment and instead of growing our investment we surely gonna lose our investment, i think that before we really start to invest in this business we need to learn how to protect and also grow our investment, from my point of view, the amount of our investment is not depend on the salary we get, but how well we are gonna be in managing our investment so that we can gain maximum profits from it and not losing it
I totally reason a lot with you though as everything depends on your responsibilities and how much risk you can take. It is always good to manage one's investment portfolio very well which can only be done with very good knowledge of the investment area as well as the risks involved which would help inform one's decisions. The percentage to invest on bitcoin depends on how much salary you receive
Your assumption is started on the total of your earning as salary and compute all your bills to pay Afterward that how much quantity remains. If you still have remaining cash invest in on the cryptocurrency. Just save in your mind that before consuming your salary for the investment you must line up your desires first. Invest what you're comfortable to lose.
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 think it depends on your income. If your salary is just in minimum rate, I think 5% is enough. However, as an employee, I value my earnings and make sure first that I'm spending right for my needs in wants. I make sure that I save something to invest in crypto. I usually invest 10% of my salary if I already had enough for my expences.
Well it might be necessary to divide your salary you can engage yourself in extra jobs online just to earn bitcoin like signature campaigns and other services with the aim of investing every bitcoin if you can do this successfully for a year I can assure that you must have saved enough bitcoin while you spend your salary on other expenses.
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.
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.
Man I can't really afford myself even 5%
If it is me, I will be all-in
But I suggest you invest only the money you can lose
Safety first
Do not let the cryptocurrency engulf your life
But I suggest you invest only the money you can lose
Safety first
Do not let the cryptocurrency engulf your life
I'd say around 10-20% depending on how much you earn / spend. If you don't spend much, maybe try something like 10% crypto and 5-10% traditional investments. As much as we all love crypto, we still don't know if/when the market will crash, as vitalik even said could happen.
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 a stable job then probably you are gaining some money to the cryptocurrency and youbar wgaining money on your job and that is a great thing because you have a lot of source of income. And everytime you have your salary in your job just get 5-10% of it and used it into cryptocurrency it is up to you what will be the thing if you are gonna do investment or you are gonna do trading. But dont waste money on investment there are a lot of ways to gain.
I will spend the 10% of my salary in investing in crypto currency and the rest is for my personal expenses.
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.
Use salary to investing into cryptocurrency is very risky, because it can be affect directly your life and when you lose money, you will be panic and have some wrong decisions. Even, if you are the main source of income for your family, I strongly recommend that you never do this, as not only will you suffer damage, it will also affect your loved ones.Yes, investing apart from your salary is always good because it is not possible for us to invest entirely if you do so you will be in problems. Firstly, we need to take care of our family and the money left after spending you can start investing in Bitcoin for the long term.
For me I just leave it in my BTC wallet I don't know how much to be invest but it seems its only depending on the salary you need. It is because the salary is our life and we don't want to lose every single one of it. The source of income of our family comes from our hardships and businesses, however if everyone has full timed to this this might save you because it the best sidelines that I ever wanted.
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 think it depends on your income. If your salary is just in minimum rate, I think 5% is enough. However, as an employee, I value my earnings and make sure first that I'm spending right for my needs in wants. I make sure that I save something to invest in crypto. I usually invest 10% of my salary if I already had enough for my expences.
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?
Use your savings to invest in bitcoins. You should not use your daily living expenses to invest in bitcoin, which would be a wrong decision. The cost of bitcoin is easy to guess, but there are some disadvantages that we can not know.You should invest around 10% of your total assets. That would be a very good number to invest.
I think you should take care of your responsibility and yourself first. If your bills is very high, try to bootstraps your income and invest Ss much as you can in bitcoin and occasionally buy good ICO too. Make sure you are not in debt and do take of your responsibility.
between 5 to 10 percents , it is a jungle out there and we all know it may be some don't believe it or don't want to believe it yet!
But i would never put more than 10 percents , i try to may it bigger instead of bring more fresh money.
But i would never put more than 10 percents , i try to may it bigger instead of bring more fresh money.
That depends on your expenses and liabilities. After deducting this, park some money for emergency and rest can be invested in various commodities. it usually account for 30-20% of your salary. From that amount, I am investing about 60-70% in Bitcoin or cryptocurrencies alone and rest in other assets.
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