Topic: Spending paycheck to paycheck on crypto currency (Read 191 times)
been doing this for a while, spent on daily necessity and the rest on buying more crypto. I think spending on crypto relatively easier rather than stock, doesn't need much paperwork.
who constantly invests part of his salary in cryptocurrencies and relays this tool as a long-term investment will definitely achieve the results
You think correctly. I also think that we need to buy cryptocurrency now, because the price is low so that in the future it will bring us more profit.
I really believe some of us still think this this a get rich quick thing even though it can happen, but that shouldn't be the case for your investment and as we've all learnt in the crypto space and have already been mentioned, investing what you can afford to lose is the right option cos this market is highly volatile and ground you real quick. I also read in a post some days back, someone investing all their tuition money in one crypto project.
It is if you play it the right way.
Don't be so disappointed when the market doesn't work good properly. As for the paycheck, still don't forget the reminder that invest only what you afford to lose.
Don't be so disappointed when the market doesn't work good properly. As for the paycheck, still don't forget the reminder that invest only what you afford to lose.
Back then we were buying stocks from paycheck to paycheck. Now we are living a new age and buying crypto currency from paycheck to paycheck. Things are changing. We buying paycheck to paycheck only makes sense since it's a year long Bear market. Dollar cost ur coins guys. A good way out of poverty. And hopefully soon.
Buying all your money into cryptos is also not good,even most veterans of crypto community says we are still onfants so this may not grow to main stream adoption or maybe it will so diversify your money and save them in different forms. Back then we were buying stocks from paycheck to paycheck. Now we are living a new age and buying crypto currency from paycheck to paycheck. Things are changing. We buying paycheck to paycheck only makes sense since it's a year long Bear market. Dollar cost ur coins guys. A good way out of poverty. And hopefully soon.
Just make sure that you won't need that fiat you converted to crypto in the next 6 months or even longer.
Or you are able to execute a trade if a crypto dips immediately to protect value.
Good luck on your crypto strategy!
Back then we were buying stocks from paycheck to paycheck. Now we are living a new age and buying crypto currency from paycheck to paycheck. Things are changing. We buying paycheck to paycheck only makes sense since it's a year long Bear market. Dollar cost ur coins guys. A good way out of poverty. And hopefully soon.
Jump to: