i know
plastic means we cant do money oragami
. still fiat runs the shops so cant go all in. i believe in bitcoin so stopped at 1/4 total fiat wealth. A little each week should get me a nice overall stake over time. I'm aiming for 200btc. i'd like 1000 btc but i think 200btc is more realistic.
That's a lot, well done. I'm a musician so I'll have to wait till my next royalty pay out to go and buy a few more btc. Mining is very slow atm, I'm just getting 1 btc a month I think, terrible! But if I had a "real" job I would be doing the same as you, wages in Ozzieland are so high it's great for you guys.
Wages aren't that high it depends on the job. The average wage i think is $74,000 AUD but what they don't tell you is the big earners in mining etc pull the average up alot. Most people i know are in the $50,000 a year range and thats AUD or $46,930 USD... however the housing market isn't that fun price wise. Where i am due to mining a house was $700 a week at one stage. When i lived in brisbane a 2 bedroom apartment was $380 a week. So out of $50k a year thats $20k gone in rent. Add in tax and food etc and i realise others struggle more but its not that fantastic. Mine wage is slightly above the $74k average and as i have no children, wife etc i do have some play money for investments.
Bitcoin just happens to be the first one i really believe in. I missed the boat on facebook shares... when they first floated at $30 or so i said over costed... they dropped to $17 and i didn't buy... they are what $74 now? $80 at one stage.... idiot i was.
Apple shares when they were $300 i saw the potential... they went to $700 something did i buy when i believed? no.... idiot i was again
Global financial crisis i should of went all in on commonwealth bank shares... those were $28... what are they now or rather 2 years after that? $82... idiot i was again
Not letting that happen again. I'm following my gut instincts and not losing out again. At the same time though i am quite happy to lose everything that i set aside for it. Fortunes favor the bold.
Best thing i think you can do is set aside a weekly amount you won't miss and just keep buying. I do some faucets on the side that whilst yes you get bugger all if i'm gaming or doing computer stuff in my own time i can once an hour spend 10 seconds of my life to type a captcha. I don't do them all as i find alot completely useless... personally i only use btc25.net, freebitco.in and moonbit.co.in . They do good satoshi rates compared to others without having to watch ads etc. Its easy and the return is nice enough. I'm using some of what i get there to pass to friends for free to encourage them to use it.
I think everyone should kick a faucet off as a start and use the meager income to promote to others. If you get friends trying decent faucets like i listed they get a taste of btc cause everyone likes free... it gives them a playground to trial it. Once they see its usefulness and freedom they usually want to buy more as faucets can't satisfy their needs past that.