Pages:
Author

Topic: Dividing your salary. - page 9. (Read 18196 times)

member
Activity: 154
Merit: 12
January 14, 2018, 04:36:07 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?
As I would see it doesn't make a difference with the percentage. What matter is how much cash you can stand to lose. Putting cash in BTC is exceptionally unsafe in light of the fact that you can't tell what will occurs next. It is smarter to peruse the news about the estimate in BTC with the goal that you will have thought on when to put. However starting at now this isn't the correct time to purchase so have tolerance to pause.
sr. member
Activity: 658
Merit: 256
January 14, 2018, 04:03:41 AM
The amount you should save depends on your living expenses. IMO, a good guide will be saving at least 20% of your monthly salary if you are able to cut down on your expenses.
full member
Activity: 229
Merit: 108
January 14, 2018, 03:37:19 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 remember when I was an employee in the government, my expenses was higher than my salary. So, every time my salary comes it was so hard to budget my money. Consequently, I do cut loss my prime commodities to manage it properly.
We always need to calculate our profit together with our capital here in bitcoin so that we could personally know analyze the improvement of our tradings and investments. And dividing or sorting out each quantity of our salary or profit could definitely help us on managing our income so we could only used bitcoin  in more important things or needed transactions.
full member
Activity: 238
Merit: 100
January 14, 2018, 03:36:47 AM
I would say invest 20% of your salary while putting away 20% and then the other 60% can be spent on daily expenses as well as other investments. I wouldn't put all my eggs in one basket that much is certain.
full member
Activity: 336
Merit: 100
January 14, 2018, 01:41:59 AM
Wow, there is a lot of people who have a lot of troubles about dividing their salary, came on, it is not difficult at all. Just setup a goal, and make it. As an example, i just spend no more than 15% of all my wage in a month. And it is just for "saving" purposes.
member
Activity: 126
Merit: 10
January 14, 2018, 01:12:16 AM
First of all, concentrate and give your priorities to your assets and put only the required money to it. Then suppose say 60% of your salary is spent on daily needs or assets, then try savings like about 20% and then you can invest your 15% in trading. And the remaining 5? Well charity maybe!
full member
Activity: 196
Merit: 100
January 14, 2018, 01:10:05 AM
According to me the percentage part is up to you to decide as we do not know how stable your current financial condition is ,how many loans you have and other debts.The only thing advisable would be to invest what you can afford to loose not more not less
full member
Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
January 14, 2018, 01:08:28 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 think if you want to invest your salary in bitcoin, it's better to half your salary alone, because bitcoin is an investment for the long term. Do not make the whole of your salary invested

Half?  It still depends. He should first think about his daily expenses and bills to come up with the right percentage to invest.  It's all depends on his salary and expenses. But I agree with the higher percentage means the higher the profit you'll get.
member
Activity: 284
Merit: 10
The Exchange for EOS Community
January 14, 2018, 12:32:30 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?

the percentage is not a thing but you have to make sure to allocate for investment first before allocating for expenses.
the percentage depends on your guts and faith on bitcoin.
if you have invested a lot since you post this then congratulations! you've made the right choice
member
Activity: 95
Merit: 10
January 14, 2018, 12:26:36 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?
Do you pay attention to the risks you will face if you invest in Bitcoin when the price goes up so fast? If you want to invest in it, try using 50% of your paycheck to invest 20% for Bitcoin, 20% for ETH and 10% for Altcoin.
full member
Activity: 420
Merit: 100
January 13, 2018, 11:50:43 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?
I would say 50% on what is left from your salary (after you deducted the necessary amount for your daily expenditures, bills, education and others). The remaining 50% should be saved for future expenses and must also take note to save something as your emergency fund.
full member
Activity: 420
Merit: 100
January 13, 2018, 11:07:51 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?

this is very easy, you can share your income during work in the office for 1 month you can share it 50% each, to survive 50% and for 50% investment, I suggest not only investment in 1 coin but in some coin its price is still cheap under $ 1-5.
full member
Activity: 150
Merit: 100
January 13, 2018, 04:40:57 PM
I depends on your salary and your monthly spending. You can put the portion that you don't need in cryptocurrencies without forgetting emergencies saving.
hero member
Activity: 1092
Merit: 501
January 13, 2018, 02:10:50 PM
what I do.. the profit in crypto, I put in actual investment like insurance and mutual funds..business
A good decision, it is nice that you actually do it, what I am doing as well is putting some of it to my bank account and some hold it and some for my daily expenses in school and helping my siblings as well with their allowances so we can all go together and finish schooling, that is what I am usually doing and thanks to bitcoin.
Dividing your salary in a way that you can meet all your expenditures as well as can have some good amount of money which you can then save for hard times or can invest in some profitable business will really help you out in having a better life in the days to come. It all depends on your managing skills. If you can manage the things in a way that you can make more money by using the money which you have, then things can really be in your favor.
newbie
Activity: 38
Merit: 0
January 13, 2018, 11:44:49 AM
When this thread started in Aug 17 any investment in BTC or pretty much any other of the major players would have realised some amazing profits. I hope everyone who has little dispossable income has had positive results.
Myself Ive invested savings which I was prepared to have lost with the associated risk, thankfully the initial investment has multiplied & its been a good news story. You hear horror stories of people remortgaging or taking out loans to invest in crypto, this is just crazy, invest only what you can afford to lose & more importantly do your research.
full member
Activity: 294
Merit: 114
January 13, 2018, 11:32:13 AM
I use 60% of my income for reinvestment, the remaining 40% I spend on living expenses. I think it is reasonable for me to live well and still be able to invest in this market. In the future I will focus on ICO projects as it is trending now, 2018 will be the year of the good ICO.

I guess that you're living in a country where cost of living is relatively cheap. 60% for investment is actually high and there is a possibility that you miss out other necessary things that you need. Which will result on meddling your expenses, investment and savings. I think that you need to reconsider on the way you allocate your salary and point out things that are more important to you and remove those doesn't deserved to be prioritize, things that you feel like you're just throwing money. Either way, a small percentage for investment is pretty good as it will make a room for you to continuously compound until it gets higher and higher per allocation.
newbie
Activity: 39
Merit: 0
January 13, 2018, 11:26:15 AM
You can establish a percentage from your monthly revenue and invest it in crypto and also you can redirect some cash from unnecessary expenses, but be sure that you afford to loose that money in case something bad happens on the market.
sr. member
Activity: 672
Merit: 250
January 13, 2018, 11:18:59 AM
Dividing salary is necessary if you are aiming to earn more and want to saved. Because it is not easy nowadays to manage our own wallet for important thing so it is much better if we are going to decide it as soon as we get profit for us to used our earning in much important things.
member
Activity: 364
Merit: 17
January 13, 2018, 10:57:44 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?
Try to invest a portion or a quarter of your salary. because no one knows the bitcoin price in the next day. Bitcoin prices can go up anytime and down at any time.
sr. member
Activity: 630
Merit: 250
January 13, 2018, 10:45:41 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?
Making investment in cryptocurrency these days is very crucial. Therefore, if you can divide your salary by two that would be very good for you in the future. You should invest the first half in cryptocurrency and spend the half for you basic needs. When you spend your money you lose it forever but if you invest you plant it.
Investing half of our salary in cryptocurrency is a risk. if you can manage your family by taking your half salary, then it is ok, but my opinion is how much you can afford that money is ok to invest. After dividing everything keep some fiat money in the bank for urgent use. Remaining you can invest I will do like this. I don't want to put my family at risk.
Pages:
Jump to: