What percentage of net worth do you invest in cryptocurrency?

alisonwonder

sr. member

Activity: 882

Merit: 251

Quote from: qomariah95 on January 23, 2020, 07:53:23 AM

For now, how much I invested in cryptocurrency is almost 50%. That is for money only, not including other money. And I can say all my money is in cryptocurrency, not including salary from my current job. I am not a person who has a lot of money, but I prefer my money to be in crypto.

My percentage is also almost 50%, most of which I invested in bitcoin, because my trust is very high that this year halving can make a high price increase.
some are in altcoin, I also have to be able to get daily or weekly profits to just savings and increase the amount of my assets to plant on bitcoin.

xvids

sr. member

Activity: 1176

Merit: 301

I would say about 5-10% of my net worth would be dedicated to crypto.
And I would try to gain more profit by playing it in exchange doing trades.
I couldn't invest more than that because of the bills and other expenses.

qomariah95

full member

Activity: 1190

Merit: 100

For now, how much I invested in cryptocurrency is almost 50%. That is for money only, not including other money. And I can say all my money is in cryptocurrency, not including salary from my current job. I am not a person who has a lot of money, but I prefer my money to be in crypto.

andycarrol

hero member

Activity: 1106

Merit: 502

Quote from: MinerHQ on January 23, 2020, 07:11:02 AM

Quote from: wingfield_crypto on January 23, 2020, 06:52:50 AM

In cryptocurrency you have to invest a sum of money that you would like to save anyway. Investments in crypto are made in the medium and long term, so that money has to be outside the daily expenses. I allocate for my investment a fund of 25% of the money I make at work. We don't know when there will be a new bull run, so we are investing and waiting, maybe for years.

Crypto investment is very risky and 25% of your earning investing in such high-risk investments is even very risky. You need to invest diversify your investments like in shares, real estate, gold and etc,. No one knows when it will grow and when it will fall. So I have invested just around 5% and doing it for quite some time.

I think 25% of the income is pretty good, of course before he does that, he knows the risks. a big risk has a big advantage too. I even went more than 50% for crypto, because the wealth I owned all started with crypto, so I didn't hesitate to put a lot of money here.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: wingfield_crypto on January 23, 2020, 06:52:50 AM

In cryptocurrency you have to invest a sum of money that you would like to save anyway. Investments in crypto are made in the medium and long term, so that money has to be outside the daily expenses. I allocate for my investment a fund of 25% of the money I make at work. We don't know when there will be a new bull run, so we are investing and waiting, maybe for years.

Crypto investment is very risky and 25% of your earning investing in such high-risk investments is even very risky. You need to invest diversify your investments like in shares, real estate, gold and etc,. No one knows when it will grow and when it will fall. So I have invested just around 5% and doing it for quite some time.

wingfield_crypto

jr. member

Activity: 140

Merit: 3

In cryptocurrency you have to invest a sum of money that you would like to save anyway. Investments in crypto are made in the medium and long term, so that money has to be outside the daily expenses. I allocate for my investment a fund of 25% of the money I make at work. We don't know when there will be a new bull run, so we are investing and waiting, maybe for years.

thottum

member

Activity: 111

Merit: 10

When it comes to asset allocation it varies from person to person as it requires an assessment of the current financial position, age and risk profile in general. So kindly access your financial position by yourself as the crypto assets are more volatile in nature. Several studies reveal the majority of the crypto investors are millennials they tend to take more risk than older people. The famous saying from Warren Buffet 'Don't put all your eggs in the single basket' So spread your investments with all the assets and set aside a portion with which you will be comfortable to take higher risk. My allocation would be 10% to 20% depends on the market conditions and don't invest more than what you afford to lose.

Wintersoldier

sr. member

Activity: 966

Merit: 274

Quote from: yulionoo on January 19, 2020, 03:29:02 AM

everyone has different abilities about how much money is invested in cryptocurrency. and I only use 10% of my salary for investment. because I still have many dependents to pay such as vehicle installments and other needs. but I am also still active to always follow bounty campaigns and I always use bounty tokens to buy bitcoin.

Surely does, that investors of cryptocurrency will mainly not invest the entire funds they have because of commodities and needs, but to become efficient in investment, we could accumulate bitcoin without really investing funds coming from our physical work. Doing bounty is ome of the best option to do that, but considering the fact that it is merely hard to find legit bounty, management of bounty on the other hand, will lead us to earn up till this time. And discover more opportunities such as offering services on our services section.

Cacingkemi

hero member

Activity: 1484

Merit: 516

Quote from: tianglistrik on January 18, 2020, 05:59:52 AM

Quote from: imstillthebest on January 18, 2020, 05:52:50 AM

Quote from: barabarian1 on January 18, 2020, 05:41:48 AM

I have also read and heard stories about people who used up all of their savings or people sold their houses to buy bitcoin. I think people like this are people who are very brave to take risks. honestly i don't dare like that i only use as much as 20% of my salary to buy bitcoin and i also join the bounty project to increase my bitcoin amount.

you dont need to follow them , what you are doing is already correct . if you think 20 percent is the only amount what you can afford then go for it . just dont exceed with that limit because once you loose it will be hard for you to accept your losses but you can always decrease that amount . joining bounty is also a good way too , like u i also hunt for other crypto jobs so that i can increase my crypto hodling . in this risky world we are living , we need to be smart or wise to stay on the game .

in my opinion that size is good enough the most important thing is you do it independently, and you need to appreciate the results. because there are still many people who lose money for their funds, and they are still struggling to return the funds they have at the beginning, therefore you need to feel enough with the income earned.

some of them are brave enough to invest most of their money into cryptocurrency, of course there are those who still struggle so that their investment can provide benefits because some of them are investing when the market price increases, of course they expect bitcoin to increase sharply. for those of us who invest in small amounts of course must be grateful because in any situation we can still make a little profit

yulionoo

sr. member

Activity: 756

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

everyone has different abilities about how much money is invested in cryptocurrency. and I only use 10% of my salary for investment. because I still have many dependents to pay such as vehicle installments and other needs. but I am also still active to always follow bounty campaigns and I always use bounty tokens to buy bitcoin.

worle1bm

full member

Activity: 1834

Merit: 166

No offence to Bitcoin but I don't keep any portion of my net worth in cryptocurrencies. It is very risky plus I also don't by sleepless nights due to excessive movements in the prices. I only keep small amount of money in Bitcoin, around $80-100 to pay for any instant expense in Bitcoins.

Quote from: ethereumhunter on January 17, 2020, 06:14:50 PM

I think 5%-10% is the percentage of net worth you can invest in cryptocurrency, although you can invest in any percentage you want. However, if you decide to invest more than 50% of net worth, you need to know the risk, so if something happens with your investment, you can find a solution to solve it. I don't have a fixed amount to invest in cryptocurrency because if I want to buy more bitcoin, I only use the money that I got from 2017-2018 so I don't use my savings in the bank to buy bitcoin.

Percentage varies depending on case-to-case. Younger individuals are more tend to take risks then the aged individuals having families. So young individuals can invest more percentage of their net worth in cryptocurrencies than latter.

Twentyonepaylots

sr. member

Activity: 1918

Merit: 370

Quote from: CodyAlfaridzi on January 18, 2020, 06:40:09 AM

Quote from: jerry0 on February 14, 2018, 11:52:23 PM

For the people that first bought cryptocurrency, im curious but what percentage of your net worth did you invest? To me, net worth would be all the money in your bank accounts minus anything you owe etc. Of course you include your house and properties you own. However, the issue with those are well they aren't liquid cash where you can have access to it anytime. So based on your net worth, what percentage did you put into cryptocurrency?

I don't have any debts yet, my spending is so little compared to my net worth so I don't keep much cash in my account. That's why over 90% of my net worth is in a form of investment, not liquid cash. Almost all of that investment is in Bitcoin. Yes, I'm a hodler. You might wanna say this is risky but I'm okay with the risk for now.

Quote from: jerry0 on February 14, 2018, 11:52:23 PM

Because cryptocurrency is very volatile and obviously isn't something you should put a huge percentage of your money into. However, im curious about those people that had their cryptocurrency value go higher than their bank account value which im sure is many people. Also what percentage of people would you say out there whether they told their house or use all the money in their bank account where they have something like 10k or less in their bank account and have something like 50k or even 100k or more in crypto? I would at first think that is crazy but im guessing this is pretty common now since people are selling their homes for btc etc?

It depends on your risk profile. I currently live alone and have no dependents so I'm able to afford that high risk Bitcoin investment for its high gain potential. People who already have family, dependents, and are looking for a stable future shouldn't invest too much in crypto because if it goes the wrong way it might ruin their lives.

This pretty much settles it. Bitcoin is not another get rich scheme, there are people who gain profits from it yes, but there are also people who lose money. Everything depends on how you take in bitcoin as an investor. If you're alone with no family then you might be able to afford it, but otherwise just invest something that you're comfortable with, something that you wouldn't put your family's future away.

CodyAlfaridzi

hero member

Activity: 1708

Merit: 541

Quote from: jerry0 on February 14, 2018, 11:52:23 PM

For the people that first bought cryptocurrency, im curious but what percentage of your net worth did you invest? To me, net worth would be all the money in your bank accounts minus anything you owe etc. Of course you include your house and properties you own. However, the issue with those are well they aren't liquid cash where you can have access to it anytime. So based on your net worth, what percentage did you put into cryptocurrency?

I don't have any debts yet, my spending is so little compared to my net worth so I don't keep much cash in my account. That's why over 90% of my net worth is in a form of investment, not liquid cash. Almost all of that investment is in Bitcoin. Yes, I'm a hodler. You might wanna say this is risky but I'm okay with the risk for now.

Quote from: jerry0 on February 14, 2018, 11:52:23 PM

Because cryptocurrency is very volatile and obviously isn't something you should put a huge percentage of your money into. However, im curious about those people that had their cryptocurrency value go higher than their bank account value which im sure is many people. Also what percentage of people would you say out there whether they told their house or use all the money in their bank account where they have something like 10k or less in their bank account and have something like 50k or even 100k or more in crypto? I would at first think that is crazy but im guessing this is pretty common now since people are selling their homes for btc etc?

It depends on your risk profile. I currently live alone and have no dependents so I'm able to afford that high risk Bitcoin investment for its high gain potential. People who already have family, dependents, and are looking for a stable future shouldn't invest too much in crypto because if it goes the wrong way it might ruin their lives.

tianglistrik

sr. member

Activity: 626

Merit: 250

Quote from: imstillthebest on January 18, 2020, 05:52:50 AM

Quote from: barabarian1 on January 18, 2020, 05:41:48 AM

I have also read and heard stories about people who used up all of their savings or people sold their houses to buy bitcoin. I think people like this are people who are very brave to take risks. honestly i don't dare like that i only use as much as 20% of my salary to buy bitcoin and i also join the bounty project to increase my bitcoin amount.

you dont need to follow them , what you are doing is already correct . if you think 20 percent is the only amount what you can afford then go for it . just dont exceed with that limit because once you loose it will be hard for you to accept your losses but you can always decrease that amount . joining bounty is also a good way too , like u i also hunt for other crypto jobs so that i can increase my crypto hodling . in this risky world we are living , we need to be smart or wise to stay on the game .

in my opinion that size is good enough the most important thing is you do it independently, and you need to appreciate the results. because there are still many people who lose money for their funds, and they are still struggling to return the funds they have at the beginning, therefore you need to feel enough with the income earned.

Getmon

sr. member

Activity: 1400

Merit: 273

Quote from: Reatim on January 16, 2020, 11:47:34 PM

Quote from: Getmon on January 16, 2020, 10:26:58 PM

I am not setting a fixed percentage in my income to be devoted to crypto. Sometimes I give a small allocation. Sometimes I also give quite a significant allocation to crypto. Sometimes there is none at all. In fact there are times when instead of buying what I do is withdraw and then convert it into fiat when there is a need. So it all depends on the available of extra fund.

well i made agreement with my Wife that 8% of my monthly wage will come to crypto investing and luckily he allows me to do,but with another agreement that all my sidelines will be divided for me and our Bank savings and yeah we agreed to that.

i know how hard for her to make budgeting so i allow myself to cover our Bank savings because that is for the future of our Girls.

That is the point. It is not all the time that there is extra money for crypto investing. Better for your family because you have different sources of income and that you can always set aside a certain percentage every month that will go to crypto. Sometimes, I don't have that extra. Savings is sometimes more important than investment. Of course, if the savings is big enough, a portion of it may go to crypto. But I give priority to savings in the bank because of future unforeseen needs.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: barabarian1 on January 18, 2020, 05:41:48 AM

I have also read and heard stories about people who used up all of their savings or people sold their houses to buy bitcoin. I think people like this are people who are very brave to take risks. honestly i don't dare like that i only use as much as 20% of my salary to buy bitcoin and i also join the bounty project to increase my bitcoin amount.

you dont need to follow them , what you are doing is already correct . if you think 20 percent is the only amount what you can afford then go for it . just dont exceed with that limit because once you loose it will be hard for you to accept your losses but you can always decrease that amount . joining bounty is also a good way too , like u i also hunt for other crypto jobs so that i can increase my crypto hodling . in this risky world we are living , we need to be smart or wise to stay on the game .

barabarian1

sr. member

Activity: 938

Merit: 250

I have also read and heard stories about people who used up all of their savings or people sold their houses to buy bitcoin. I think people like this are people who are very brave to take risks. honestly i don't dare like that i only use as much as 20% of my salary to buy bitcoin and i also join the bounty project to increase my bitcoin amount.

Eugenar

sr. member

Activity: 1274

Merit: 278

Quote from: ethereumhunter on January 17, 2020, 06:14:50 PM

I think 5%-10% is the percentage of net worth you can invest in cryptocurrency, although you can invest in any percentage you want. However, if you decide to invest more than 50% of net worth, you need to know the risk, so if something happens with your investment, you can find a solution to solve it. I don't have a fixed amount to invest in cryptocurrency because if I want to buy more bitcoin, I only use the money that I got from 2017-2018 so I don't use my savings in the bank to buy bitcoin.

What about consider to think that instead of investment, we could make bitcoin as our personal savings account wherein, any amount would do, as long as we are aware of the market condition and still be cautious whenever there is a big decline, so we can withdraw out and save our funds from loss? Because thinking about bitcoin only for investment will forever be like this, and the adoption and finding the true meaning of bitcoin's value will not be present. Unlike, making it like a bank account, withdrawing or cashing in any amounts will just need a little bit of knowledge in market and technical analysis.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

I think 5%-10% is the percentage of net worth you can invest in cryptocurrency, although you can invest in any percentage you want. However, if you decide to invest more than 50% of net worth, you need to know the risk, so if something happens with your investment, you can find a solution to solve it. I don't have a fixed amount to invest in cryptocurrency because if I want to buy more bitcoin, I only use the money that I got from 2017-2018 so I don't use my savings in the bank to buy bitcoin.

Gozie51

hero member

Activity: 2660

Merit: 630

Vave.com - Crypto Casino

Quote from: FlightyPouch on January 17, 2020, 05:27:01 PM

If I am one of those people that bought bitcoin at its earlier stages, I would be so happy right now and be sitting in my house not just with my bitcoins on my ledger but also a lot of altcoins with good values in the market now. But I am not, so investing and trading is just a side job to me. I did earned some good amount of money in the past, but right now, it is kind of just there.

You will say that easily now as it can be to you. But it isn't that easy to wait while a coin that seem worthless was occupying good space Grin

The point is then that, you would have sold very cheap too when it was in few dollars.

Topic: What percentage of net worth do you invest in cryptocurrency? (Read 573 times)