Topic: What percentage of net worth do you invest in cryptocurrency? - page 2. (Read 573 times)
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.
I started to invest in 2012 by buying mining material like the famous video cards that were sold shortly afterwards for low profit. For months now I've been investing monthly directly buying cryptos through exchange and I think it's the best choice at the moment. So I invest what I can currently afford to “lose”.
I have been working in this financial market for a long time and I know the risk of it is quite high. Therefore, I usually do not allocate too much capital to this market, this is a market full of manipulation. So, I decided to use 30% of my salary every month to invest in the crypto market and I only hold. I think hold is the best way to have a guaranteed profit because trading means we still waste time and pay a lot for our mistakes.
Agree with your opinion that investing in the capital market is very risky and full of high risk. but I am also very amazed that you allocated 30% of your salary to invest in crypto. I don't have the courage like you to do that. I will only invest in bitcoin if there is more money than my monthly needs. but if I get it from the bounty hunter. I'll bet on it even though it requires a very thorough analysis so that it doesn't suffer losses. but investing in bitcoin is definitely the main compared to altcoin
Zero.
Also, you should say what percentage of net worth do you gamble in crypto.
You invest in houses, businesses, assets etc.
You gamble on horses, black jack and crypto
Also, you should say what percentage of net worth do you gamble in crypto.
You invest in houses, businesses, assets etc.
You gamble on horses, black jack and crypto
I believe in crypto and all my payments are in crypto. Over 60% of my assets are in crypto. I usually spend 20% of the value in fiat so im left with about 20% fiat at all times. Of you afraid, the price will drop you just convert some of it to tether coin. I do this so when the bear market comes I can profit from it by buying more crypto and selling when its bull season.
I think online advice is not entirely true for each person, it depends on the situation of each person and a lot of other factors. For example, you and I have 50k USD together, but I have small children, you are still single, then you will probably use up to 50% of the property (or "all in" as some people I know) But I will be less much more than that.
I have known cryptocurrency for about 4 years, it is enough time to know that most people invest with most of the assets
owned. Even to sell houses and cars that are owned to be able to buy bitcoin, there is even more terrible that is buying
bitcoin with money from bank loans. In my opinion something like that is so careless that it might make us poor. For me to
invest only using a maximum of 20% of all my finances. Because to succeed in the world of cryptocurrency always follow the
basic rules of investing money that we can afford to lose.
Or better yet, invest using your expendable money only. You can't invest your life savings on to something since that'll become gambling at that point. You gotta save something for yourself for when the winter comes. Especially with bitcoin where there is no guarantee what it's price will be in a day or two. In my observation it's the people who don't put everything on the line are the ones who really succeed in this world. owned. Even to sell houses and cars that are owned to be able to buy bitcoin, there is even more terrible that is buying
bitcoin with money from bank loans. In my opinion something like that is so careless that it might make us poor. For me to
invest only using a maximum of 20% of all my finances. Because to succeed in the world of cryptocurrency always follow the
basic rules of investing money that we can afford to lose.
I have known cryptocurrency for about 4 years, it is enough time to know that most people invest with most of the assets
owned. Even to sell houses and cars that are owned to be able to buy bitcoin, there is even more terrible that is buying
bitcoin with money from bank loans. In my opinion something like that is so careless that it might make us poor. For me to
invest only using a maximum of 20% of all my finances. Because to succeed in the world of cryptocurrency always follow the
basic rules of investing money that we can afford to lose.
owned. Even to sell houses and cars that are owned to be able to buy bitcoin, there is even more terrible that is buying
bitcoin with money from bank loans. In my opinion something like that is so careless that it might make us poor. For me to
invest only using a maximum of 20% of all my finances. Because to succeed in the world of cryptocurrency always follow the
basic rules of investing money that we can afford to lose.
since I first entered cryptocurrency I already knew that cryptocurrency has high volatility so I don't use personal money or savings to start investing. The first thing I did to get a capital investment was to follow a faucet and a bounty project. after the bounty is finished I will get a token. then I will sell tokens and use them to buy bitcoin and altcoin. so I started this crypto investment without using fait money.
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.
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.
This might just impact on us psychologically if we lost some profit upon investing a portion of our net worth or income, unlike just putting the fund we would like to invest based on our decision to the currentarket status. But if we are aiming to reach great amount of bitcoin, I would probably suggest to invest regularly, without considering if the market is profitable or not. In this way, both huge market price and low market price is what we can think of psychologically to avoid frsutration everytime we sell.
I'm not count my investment because mostly thatt i use to buy bitcoin and hold is from bounty. Some bounties and airdrops in past really give people big rewards, and i live with my main job, make investment or maybe withdraw some if i need money that really urgent. And keep do bounty until now, but now i am only in this signature campaign that paid in BTC and have plan to hold it until halving come.
Yes indeed the bounty campaign program can be relied on for investment and it must be a bounty signature campaign with BTC Barayan, as I follow the signature of the yobit to continue to collect BTC and wait for halving to occur.
I rely on the rewards for investment and for me it is enough for me in the future.
I have been working in this financial market for a long time and I know the risk of it is quite high. Therefore, I usually do not allocate too much capital to this market, this is a market full of manipulation. So, I decided to use 30% of my salary every month to invest in the crypto market and I only hold. I think hold is the best way to have a guaranteed profit because trading means we still waste time and pay a lot for our mistakes.
I have savings which the purpose is for investing, the cryptocurrency market is more riskier than the stock market and I allocate 20% of my capital. I diversify my money because it is part of my risk management. I have investment in stocks and also in real estates. We should always remember that investing is making money sith money but there are risks and we can guarantee that we can win in every type of investment that we are making. 
I have been working in this financial market for a long time and I know the risk of it is quite high. Therefore, I usually do not allocate too much capital to this market, this is a market full of manipulation. So, I decided to use 30% of my salary every month to invest in the crypto market and I only hold. I think hold is the best way to have a guaranteed profit because trading means we still waste time and pay a lot for our mistakes.
I'm not count my investment because mostly thatt i use to buy bitcoin and hold is from bounty. Some bounties and airdrops in past really give people big rewards, and i live with my main job, make investment or maybe withdraw some if i need money that really urgent. And keep do bounty until now, but now i am only in this signature campaign that paid in BTC and have plan to hold it until halving come.
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.
Right now Bitcoin is a huge percentage of my net worth because I'm still young so I can afford to be reckless. If Bitcoin went to zero tomorrow, it wouldn't completely ruin me, I still have a lot of time till retirement. But the potential payoff is huge, if Bitcoin goes to the moon, I can retire very early and live off some sort of passive income that could be created after I would cash out most of my coins.
I have a similar situation. I'm also young, my career life is basically just starting these days. I earn enough to live a rather comfortable life, and my savings are small, so in case I lose them it would be sad but not much of a difference from the current situation. Bitcoin is about 60% of my savings right now, but I watch the market as well as am ready to live without it (I am aware of the risks and willing to take them). Come to think of it, though, it's indeed a huge part of my money in BTC... A friend of mine has 100% of his savings in BTC, though.That's a big risk if your friend in 100% on BTC.
Personally, I just have a small portion of my wealth on BTC around 20%, I can't afford to invest more because of some house mortgage, so I just try to balance everything. But I'll give props to those young investors we have today, the potential to retire early because of BTC is there. I wish I have known BTC when I still have a lot of money to invest, just saying.
Well in my case, I do not have any exact amount to invest in cryptocurrency. What am I doing is invest all of the extra money that I will not gonna use for a long time. Instead of letting it in my physical wallet, I would rather invest it in something that I know I will gain profit into it. No distinct amount as long as the money that I have is free or not gonna be use.
Right now Bitcoin is a huge percentage of my net worth because I'm still young so I can afford to be reckless. If Bitcoin went to zero tomorrow, it wouldn't completely ruin me, I still have a lot of time till retirement. But the potential payoff is huge, if Bitcoin goes to the moon, I can retire very early and live off some sort of passive income that could be created after I would cash out most of my coins.
I have a similar situation. I'm also young, my career life is basically just starting these days. I earn enough to live a rather comfortable life, and my savings are small, so in case I lose them it would be sad but not much of a difference from the current situation. Bitcoin is about 60% of my savings right now, but I watch the market as well as am ready to live without it (I am aware of the risks and willing to take them). Come to think of it, though, it's indeed a huge part of my money in BTC... A friend of mine has 100% of his savings in BTC, though.
If I'll get into full-time job soon, I think I'll allocate 2.5% for now but it'll increase slowly with a ceiling of up to 10%. Getting higher than 10% is quite high already for such investments only although there is guaranteed profits regardless of the condition of the market.
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