Topic: How much of your earning you are converting to BTC? (Read 3504 times)
I'm more of the 80s guy and so I try to keep things safe... I like BTC though, so I invest 1% of my monthly earnings in BTC. I often have to keep myself from day-trading, or rather day-wasting, those BTC afterwards... Sad times...
30%, but for no well thought out reason. It's just that about 30% of my income is in bitcoin and I don't spend most of it.
Let X my earnings.
Let Y be things that will make me homeless or be in jail or dead if I don't pay for them.
What I put in bitcoins is X-Y, no exception
You are the hero! Let Y be things that will make me homeless or be in jail or dead if I don't pay for them.
What I put in bitcoins is X-Y, no exception
0% , I dont gamble.
Let X my earnings.
Let Y be things that will make me homeless or be in jail or dead if I don't pay for them.
What I put in bitcoins is X-Y, no exception
Let Y be things that will make me homeless or be in jail or dead if I don't pay for them.
What I put in bitcoins is X-Y, no exception
About 30%, the rest are for expenses and about 10% saving in fiat...
Earning them in different way also.
And convert 90% to CASH every month.
And convert 90% to CASH every month.
I'm not actually putting any new money in. Maybe if price is still this low (or lower) around year-end bonus time, I will put in a couple thousand more. For now, just keeping most in cold storage and trading with 10-20%.
Starting to consider of inveting some fiat in bitcoin, but have not done this, unless buying mining equipment counts.
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
Actually right now if I invest I will probably get some of these 2.0 coins. Risky, of course but also potential for big rewards/ It will also allow me to hedge my bets in case one of them goes big and challenges Bitcoin.
I don't know... What are the benefits of these new "2.0" coins?
NXT and Bitshares look very promising. Then there is this Ether business. I do not know if they will be any good, but if one of them get real big I would not like to be kicking myself. If they instead fail and Bitcoin goes strong then I look at my investment in them as an insurance fee.
For past several days didnt convert any altcoin in btc, usually i do but not now have some strange felling like last year in November when jump pop up.
Have some felling that i will happen again dont now if will be in next few days or months.
Have some felling that i will happen again dont now if will be in next few days or months.
Everything I can spare I put in Bitcoin. I know, it's a gamble, but I'm willing to take it. You know, all those rich people didn't become rich by just playing it safe and never taking a risk. If Bitcoin goes indeed to the moon and I miss the rocket, I'd be biting my own ass for all time.
75% in normal months. The other 25% is living expenses. I only started buying this year so I am catching up to the guys who bought in 2013; bad timing costs a lot of money.
I own my own business and, unfortunately, business has sucked the last 2 months so I haven't been able to buy much at these cheaper prices.
Yes, I am still in the black, even while buying this year.
I own my own business and, unfortunately, business has sucked the last 2 months so I haven't been able to buy much at these cheaper prices.
Yes, I am still in the black, even while buying this year.
I'm earning btc with trading, I don't invest any FIAT in it.
About 20% until I reach my savings goal, then I'll switch to stacking PMs.
It's probably wiser to invest in the safe asset first, but I don't want to miss the train.
It's probably wiser to invest in the safe asset first, but I don't want to miss the train.
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
Actually right now if I invest I will probably get some of these 2.0 coins. Risky, of course but also potential for big rewards/ It will also allow me to hedge my bets in case one of them goes big and challenges Bitcoin.
I don't know... What are the benefits of these new "2.0" coins?
Actually right now if I invest I will probably get some of these 2.0 coins. Risky, of course but also potential for big rewards/ It will also allow me to hedge my bets in case one of them goes big and challenges Bitcoin.
10% always. No matter the current price.
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...
I don't earn anything, so nothing to put into Bitcoins. Other than that, I own some BTC through early investing!
@OP, how much do you earn if you only need to spend 20% of your income to pay costs???
@OP, how much do you earn if you only need to spend 20% of your income to pay costs???
I earn +- 1000USD a month, the thing here is that i still live with my parents! hahaha
Well, thenn good for you that you act so responsible with your mone! Most young people I know that live at their parents and have a low paying job, just spend their money on bullshit. They end up with about 20$ saving per month even though they earn >1000€
I don't earn anything, so nothing to put into Bitcoins. Other than that, I own some BTC through early investing!
@OP, how much do you earn if you only need to spend 20% of your income to pay costs???
@OP, how much do you earn if you only need to spend 20% of your income to pay costs???
I earn +- 1000USD a month, the thing here is that i still live with my parents! hahaha
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?
So you live for free and only use money for fun, how does one do that?
I live with my parents.
nothing, i want to earn first 10 btc and take them offline until they reach $100k
Currently just 2.5% bought weekly automated through coinbase for some dollar cost averaging. The amount I'm investing now won't soon rival what I already have from getting them cheap a while ago unless the price tanks real big but I like grabbing some bit cents each week anyway for use with the bulk of the rest of my bitcoins in cold storage.
I convert about 10% to BTC and of that I am presently converting 90% to XMR.
Why do you believe XMR will outperform BTC? I know Risto is invested and it's the only alt-coin he's invested in, so that sparked my interest, but I need a push to do more research. I would greatly appreciate a PM with some resources that aren't overly technical.
nothing, i have no income to convert , i mine alts and convert those to btc
About 1% of my income, but once every year.
I convert 10% of my monthly income into BTC.
I don't earn anything, so nothing to put into Bitcoins. Other than that, I own some BTC through early investing!
@OP, how much do you earn if you only need to spend 20% of your income to pay costs???
@OP, how much do you earn if you only need to spend 20% of your income to pay costs???
At the moment 0% but I'm planning to sell some stuff in order to earn a couple of coins.
Good idea. One accumulates a lot of junk over the years, stuff you don't even miss when it is gone.
At the moment 0% but I'm planning to sell some stuff in order to earn a couple of coins.
25% of monthly income, no alts.
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?
So you live for free and only use money for fun, how does one do that?
my plan crash in bitoin at the moment just because gambling site . and now i wait my future to me lol -.-
I convert about 10% to BTC and of that I am presently converting 90% to XMR.
Yes part of my earning goes to BTC some of earning is already in btc, and some i hold in other altcoin.
Reason is simple if price of btc will rise then other btc will rise and i will make profit.
Off course this is only current state some altcoin i immediately convert to btc.
Reason is simple if price of btc will rise then other btc will rise and i will make profit.
Off course this is only current state some altcoin i immediately convert to btc.
Only about 10% as I have too much expenses going on...
I don't put new money into BTC at this point. I cleared about 5x my initial investment after the November bubble, took that money off the table. And I left skin in the game.
Take me to $5k please.
Take me to $5k please.
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?
If you can save 80% of your income, you should be in a position where it does not matter what others think of your investments.
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?
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