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Topic: The first earnings in the crypto currency. Where did you spend it on? - page 6. (Read 546 times)

hero member
Activity: 2296
Merit: 953
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Cannot really remember, to be honest. The thing is, I do not really treat my crypto earning differently from normal earnings. Most (almost all) goes to every day expenses. For my crypto, it just means I sell some for my currency to pay for things. I will say one thing that has changed. I used to put in money to gamble from my cards. Now I just stick to using my crypto (bitcoin) for gambling. But it is not that I use my crypto earning to gamble, I just use it to replace what I did before.
legendary
Activity: 3234
Merit: 1399
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Part of the money I have invested in new projects, and spent the second part on the family. And how did you manage your earnings?
About 90% of my earnings I spend to cover my family's living costs. Other 10 go for crypto investments, trading experiments or simply holding btc. There was some time when I sold everything I earned and didn't care about the prices and btc's potential. Then I started caring and was holding btc when the price was like $15k, so now I kind of regret it but keep holding and hoping better.
If you really believe in crypto, as most of you obviously do, I'd recommend to not spend your earnings. In 10 years, you will be happy if you've invested everything in solid projects.
That is most likely true, but the problem is that from time to time we need the money to pay for the bills and stuff like that. Unfortunately, this really makes it hard to hold and wait for that time. And, you know, it can also never happen and we might turn out to have indeed been in the bubble all this time.
full member
Activity: 266
Merit: 114
The very first cryptocurrency earning was earned through a freelance writing job in bitcoin and at that time I didn't know anything about cryptocurrencies so I just focused on the ways to convert it to my local fiat money. But during the time span while I was searching for ways to convert my bitcoins I started to research about it and that opened my eyes and I came to the realisation that what actually is bitcoin, the blockchain and other cryptocurrencies. So rather than cashing it out, I decided to save it and after collecting enough bitcoins I traded 40% of my bitcoins in Ethereum, Litecoin, Dashcoin which did benefit me a lot. I cashed out around 100$ from just the profits I made for a little treat to my family!
jr. member
Activity: 336
Merit: 1
The first few bucks I got from cryptocurrency I spent it to pay my bills and I must confess it feels great earning cool from crypto.
newbie
Activity: 154
Merit: 0
If you really believe in crypto, as most of you obviously do, I'd recommend to not spend your earnings. In 10 years, you will be happy if you've invested everything in solid projects.
newbie
Activity: 154
Merit: 0
The money I earned on cryptocurrency I invested in cryptocurrency to make more money)
full member
Activity: 308
Merit: 100
As for me I hold mostly but in case x5-10 I sell 50% of tokens and buy the new ones which I don't have in my portfolio. Now is period of build-up of funds, relaxation will be later.

member
Activity: 308
Merit: 15
My first earnings on crypto world was spent on tuition fee in the university. This really impressed me and give me much believe in the crypto because it really helped a lot.
full member
Activity: 322
Merit: 100
Deal Coin - P2P Lending Eco-system
Part of the money I have invested in new projects, and spent the second part on the family. And how did you manage your earnings?
I spend out my first money a long time ago, and bought myself a good technique for them (namely, a telephone and a computer)
newbie
Activity: 68
Merit: 0
I spend my first earning just for me 50% and then I save 50% for unexpected thing.
sr. member
Activity: 1442
Merit: 265
I am just collecting more and more, i will wait for next big bull run before selling anything, i will sell some percentage of my holdings and i will try to buy a car, hopefully i will be able to collect enough funds.
full member
Activity: 322
Merit: 100
I invested it on another set of coins. I believe in altcoins that I have but it is also safe to invest in any other coins. More investments the better but make sure that you're ready for this kind situations (down trends).
newbie
Activity: 182
Merit: 0
I will share the financial results from crypto or bounty.
10% I will consume for personal and family.
50% of the sale of altcoin is ETH, I will trade in my country market.
the rest I hold is the altcoin.
My assumption is.
if the price of a new coin rises. I still have an investment there.
and I have been trying not to sell all altcoins just for the sake of an instant stomach ..
member
Activity: 728
Merit: 10
Part of the money I have invested in new projects, and spent the second part on the family. And how did you manage your earnings?
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