Topic: How much of your earning you are converting to BTC? - page 2. (Read 3494 times)
nothing i just try to earn them in a different way
About 10%
My conversion is roughly around 5% of what I make. Even though bitcoin has shown tremendous growth potential, especially these last few months, I'm still fairly cautious on going overboard with bitcoin.
[Just for perspective, I put around 30% of my income into various investment vehicles.]
[Just for perspective, I put around 30% of my income into various investment vehicles.]
30% of your income to investments is actually quite impressive. Having only 5% in Bitcoin seems low, especialy with the past growth rate and probable likely growth rate of bitcoin price being far greater than anything traditional investment. If I were you I'd bump up Bitcoin to being 33% of your investment portfolio, but then again I'm a long bull
They say that I'm crazy, but i convert 60% of what I earn to BTC, 20% in FIAT and the other 20% I spend with reastaurants, clothes, etc.
They say that you can't put all the eggs in the same basket, but I don't think BTC will fail, even if it takes years to get a nice return.
What do you guys say?
They say that you can't put all the eggs in the same basket, but I don't think BTC will fail, even if it takes years to get a nice return.
What do you guys say?
All eggs in one basket is bad even if you think btc will not fail. The price can go down even if it succeed.
So? Sure you would have shortterm losses, but if you invest in it for the longterm, why would you care?
It is like a stock protfolio for your retirement, why would you care if you maybe down after 3 years?
They say that I'm crazy, but i convert 60% of what I earn to BTC, 20% in FIAT and the other 20% I spend with reastaurants, clothes, etc.
They say that you can't put all the eggs in the same basket, but I don't think BTC will fail, even if it takes years to get a nice return.
What do you guys say?
They say that you can't put all the eggs in the same basket, but I don't think BTC will fail, even if it takes years to get a nice return.
What do you guys say?
All eggs in one basket is bad even if you think btc will not fail. The price can go down even if it succeed.
you're not crazy. 2 years ago i converted 100% to btc and you guess didn't regret that at all. bitcoin is financial/economic worldwide revolution that is still at the beginning.
The price of Bitcoin will follow the supply/demand law, no matter what.
If some big guys start purchasing bitcoins like crazy, the price it's going to go up no matter how much the whales will dump.
If bitcoin goes mainstream the demand would be HUGE. So much that the supply of bitcoins in some exchanges wouldn't follow and then the prices would go stratospheric.
If you don't believe in this, come back in 2 years and let see who is right.
If some big guys start purchasing bitcoins like crazy, the price it's going to go up no matter how much the whales will dump.
If bitcoin goes mainstream the demand would be HUGE. So much that the supply of bitcoins in some exchanges wouldn't follow and then the prices would go stratospheric.
If you don't believe in this, come back in 2 years and let see who is right.
Someone calculated on this forums that if someone wants to invest 1 billion USD within a month, he would likely tripple the price while doing so.
The price of Bitcoin will follow the supply/demand law, no matter what.
If some big guys start purchasing bitcoins like crazy, the price it's going to go up no matter how much the whales will dump.
If bitcoin goes mainstream the demand would be HUGE. So much that the supply of bitcoins in some exchanges wouldn't follow and then the prices would go stratospheric.
If you don't believe in this, come back in 2 years and let see who is right.
If some big guys start purchasing bitcoins like crazy, the price it's going to go up no matter how much the whales will dump.
If bitcoin goes mainstream the demand would be HUGE. So much that the supply of bitcoins in some exchanges wouldn't follow and then the prices would go stratospheric.
If you don't believe in this, come back in 2 years and let see who is right.
My conversion is roughly around 5% of what I make. Even though bitcoin has shown tremendous growth potential, especially these last few months, I'm still fairly cautious on going overboard with bitcoin.
[Just for perspective, I put around 30% of my income into various investment vehicles.]
[Just for perspective, I put around 30% of my income into various investment vehicles.]
0% right now as I am in debt...
Right now I'm converting 100% into BTC after I pay the usual monthly bills. History has taught me to be greedy in accumulation when bitcoin is "boring" or "stable".
I also converted a significant chunk of my BTC into Monero and I'm aggressively trying to decrease my XMR:BTC ratio without selling any XMR.
I also converted a significant chunk of my BTC into Monero and I'm aggressively trying to decrease my XMR:BTC ratio without selling any XMR.
Yeah, if we're looking at previous charts, you are right. Simply investing during such times has been a good thing, but we can't be certain it will remain that way, though! We may go further down from here! But respect to your optimistic stance on this!
I've bought bitcoin at $10, $12, $120...the sentiment at these levels was the same as it is now. Stagnant, trading in a range. Nobody was sure what was going to happen. It was all a bit crazy to think of $100 then. As it is crazy to talk about $10,000 now.
But now, with the regulations and big institutions and funds getting in place, all the while unique transaction volume is STILL increasing at exponential growth... this is not OPINION it is FACT!
If price is a function of Metcalfe's Law which it seems to be...we are due for another explosion sometime before 2016. And I am confident betting everything on it.
This saddam knows what he is talking about. The price will rise eventually, not because people "think" something, but because of logical steps the network implies.
Right now I'm converting 100% into BTC after I pay the usual monthly bills. History has taught me to be greedy in accumulation when bitcoin is "boring" or "stable".
I also converted a significant chunk of my BTC into Monero and I'm aggressively trying to decrease my XMR:BTC ratio without selling any XMR.
I also converted a significant chunk of my BTC into Monero and I'm aggressively trying to decrease my XMR:BTC ratio without selling any XMR.
Yeah, if we're looking at previous charts, you are right. Simply investing during such times has been a good thing, but we can't be certain it will remain that way, though! We may go further down from here! But respect to your optimistic stance on this!
I've bought bitcoin at $10, $12, $120...the sentiment at these levels was the same as it is now. Stagnant, trading in a range. Nobody was sure what was going to happen. It was all a bit crazy to think of $100 then. As it is crazy to talk about $10,000 now.
But now, with the regulations and big institutions and funds getting in place, all the while unique transaction volume is STILL increasing at exponential growth... this is not OPINION it is FACT!
If price is a function of Metcalfe's Law which it seems to be...we are due for another explosion sometime before 2016. And I am confident betting everything on it.
0.
Think the coin is in bubble and there will be a new wave of more competent developers to compete with bitcoin.
Think the coin is in bubble and there will be a new wave of more competent developers to compete with bitcoin.
More competent developers? sure im seeing a new wave of more competent people in the art of ripping peoples money off.. with their clone scam coins or other scam investments, however i cant deny there is a small part of guys who are working or worked hard with real innovation, but you cant say "a new wave".
btw did you ever understood a single command line in the bitcoin code?
Right now I'm converting 100% into BTC after I pay the usual monthly bills. History has taught me to be greedy in accumulation when bitcoin is "boring" or "stable".
I also converted a significant chunk of my BTC into Monero and I'm aggressively trying to decrease my XMR:BTC ratio without selling any XMR.
I also converted a significant chunk of my BTC into Monero and I'm aggressively trying to decrease my XMR:BTC ratio without selling any XMR.
Yeah, if we're looking at previous charts, you are right. Simply investing during such times has been a good thing, but we can't be certain it will remain that way, though! We may go further down from here! But respect to your optimistic stance on this!
What does it matter what bitcoin does in the shortterm if you are a longterm holder? You are not losing something by holding 5 years when some months of that 5 years your investment is a little bit down.
Sure dollar-cost-averaging might be better in variance terms, but still
Right now I'm converting 100% into BTC after I pay the usual monthly bills. History has taught me to be greedy in accumulation when bitcoin is "boring" or "stable".
I also converted a significant chunk of my BTC into Monero and I'm aggressively trying to decrease my XMR:BTC ratio without selling any XMR.
I also converted a significant chunk of my BTC into Monero and I'm aggressively trying to decrease my XMR:BTC ratio without selling any XMR.
Yeah, if we're looking at previous charts, you are right. Simply investing during such times has been a good thing, but we can't be certain it will remain that way, though! We may go further down from here! But respect to your optimistic stance on this!
0.
Think the coin is in bubble and there will be a new wave of more competent developers to compete with bitcoin.
Think the coin is in bubble and there will be a new wave of more competent developers to compete with bitcoin.
Not converting anything new to Bitcoin. If prices go to 200, then maybe, otherwise I am alright with my current holdings.
Try to earn more by trading, and also sometimes get some investments in some alt coins.
Try to earn more by trading, and also sometimes get some investments in some alt coins.
Right now I'm converting 100% into BTC after I pay the usual monthly bills. History has taught me to be greedy in accumulation when bitcoin is "boring" or "stable".
I also converted a significant chunk of my BTC into Monero and I'm aggressively trying to decrease my XMR:BTC ratio without selling any XMR.
I also converted a significant chunk of my BTC into Monero and I'm aggressively trying to decrease my XMR:BTC ratio without selling any XMR.
I'm not converting a certain amount every month, I made the investment some months ago and now I'm only watching the market.
Right now nothing of my earnings. Times are too dangerous and uncertain. I know, be greedy when everyone else is fearful. But being greedy tends to turn for the worse at times...
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