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Author Topic: Dividing your salary.  (Read 17183 times)
qumatru
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December 05, 2017, 05:22:07 PM
#621

If you have knowledge in cryptocurrency you can invest maybe 25% of your salary. But first you need to buy all you need before anything else.
It is you who knows your expense and similar things like that as well as your income. You yourself has to make some smart decision by looking at all the possible things, only then you�ll be able to have a comfortable life. I do this thing by dividing my salary in a way that I can actually meet all my monthly expenditures along with having something in my account as savings too. I do take some part of my income for investment purpose as well.

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December 05, 2017, 07:15:57 PM
#622

I already saw a similar thread about this before and like what I said before, allocating your money to your priorities is good but no one can really dictate to how much you should allocate for your investments. You are the only one responsible for that. Spend what you are willing to lose.

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December 05, 2017, 07:44:09 PM
#623

Consistent 50% investment into bitcoin will make you ruch beyond your widest dream in a very short term. Bitcoin is sure not sliwing down, and the new territory of six figure is eventually going to end in seven figure.

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December 05, 2017, 10:04:23 PM
#624

Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?

I don't have salary but lm just expecting on my salary on bitcoin. So when l got my salary l need to budget it for my next salary again. Until l can give my kids a better future. I will save for them so that they can study as the they want to be to reach their dream in life.

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December 06, 2017, 01:07:25 AM
#625

HiIt is a good idea to place part of what you manage to save from income, into bioin.But because there is nothing sure just invest what you cotmanage to loose. Then you will not be anxious by your invcstment, you are able to allow it to develop with out tension, and when you free, not really a crisis because it was just money you can manage to free.e uld
Well, I can't catch up your thought what is about dude. For me every month end when my salary comes i do invest in bitcoin just for 25% of my salary. It is not easy to badget your monthly salary for your daily needs but I keep saving because i know it is profitable when you invested. Keeping of my bitcoin is a kind of investment i also save my bitcoin from signature campaign payment. Im waisting my bitcoin for nonsense spending i prepared this for better future or for urgent needs.

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December 06, 2017, 01:11:30 AM
#626

in any case, the salary should be distributed evenly in Btc and Fiats.

This is true if you boss is going to pay half of the salary in crypto and the other half in fiat. Never heard anything in the real world yet.
If you are saying that you should convert half of your fiat paid salary into crypto currencies, I think that percentage is a bit high, unless you earn enough to carry out a decent life with such half.

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December 07, 2017, 11:01:08 AM
#627

I guess it depends on your salary and your monthly needs anyway! Some people can invest 5%, some cannot even 1% of their salary.
You will mate one day you will get impressed by bitcoin and will invest into bitcoin many people were thinking like you in past and now they are the investors of bitcoin and there is a lot of profit in investing into bitcoin because bitcoin has a lot to deliver to its investor and there is no risk in investing into bitcoin and what is ROI I never heard about it before and what is the credibility of this investment, lol it maybe a scam.

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December 07, 2017, 12:03:05 PM
#628

Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
Accusaly it depends of how big your income is, but in percentage i would go up to 40-45 % from the income. I would make some hunger a few days if the price of the coins is right.

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December 07, 2017, 12:46:41 PM
#629

I`ve  seen a while a go some rules stated by a chinese billionare about how to divide your earnings. He says that you should always have at least 3 sources of income. For example i have my salary, investments in crypto and just started with real-estate at a small scale. Same with you, now you have youre salary and you should look for the second source. Anyway going back to the chinese guy he stated something like that:
- 10% to new investemnt
- 10% to a deposit fund
- 20% for having fun (a very important aspect for a nive life. Dont make plans only for when your old)
And the rest for dayli expenses (food, home, education)

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December 07, 2017, 01:00:43 PM
#630

I do believe careful money management can lead to steady gains over the long term, however how much you invest into low risk, medium risk and high risk ventures is probably more important.

If I were you, I'd invest the bulk of your money in low risk, somewhere around 50%. When it comes to cryptos, low risk would include BTC, LTC, and Dash. Then you could invest 25% in medium risk, such as booming technology stocks, whilst the final 25% would go in high risk alts, such as Iota and Gridcoin which have the potential to go big.

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December 07, 2017, 02:54:36 PM
#631

it depends on each person if you're married of course your spending more, maybe 10% is good, as long as you do it every month, if you are not married may be able to try in 30%.

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December 07, 2017, 03:09:36 PM
#632

Divide your salary accordingly. First, you have to budget your salary to your expenses or the so-called needs. Second, budget for the bills. Third, invest your salary to bitcoin or store your salary for emergency purposes.

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December 07, 2017, 03:35:09 PM
#633

Divide your salary accordingly. First, you have to budget your salary to your expenses or the so-called needs. Second, budget for the bills. Third, invest your salary to bitcoin or store your salary for emergency purposes.


I was investing my 30% of salary every month in bitcoin.So you have to plan before to inverse in bitcoin.In some months I will inverse more than 30%,but not less than 30%.Every time I wil hold and upto now I had 0.09 Bitcoin in my wallet waiting for more price raise of bitcoin to sell it.

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magicmeyk
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December 07, 2017, 04:29:11 PM
#634

I say you cut your daily expenses first from your salary and the remaining will be divided into 60% in your allowance saving encase of emergency and 40% for your investment in bitcoin or other altcoin you want.

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Bitcotalk
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December 08, 2017, 10:33:17 AM
#635

I say you cut your daily expenses first from your salary and the remaining will be divided into 60% in your allowance saving encase of emergency and 40% for your investment in bitcoin or other altcoin you want.
This approach is good to earn good profit from the part of salary a lot of people are doing the same thing because they know that 40% of their salary that they have invested into bitcoin will bring good time for them in the future and that�s true because as profit of bitcoin has increased now it is giving more than a thousand dollar profit on a single day and it will give more in the future so keep on doing song bitcoin will please you.

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December 08, 2017, 11:08:36 AM
#636

I advice you to invest a small part of your job, after that you can be sure to pay your necessity for first

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December 11, 2017, 08:59:11 AM
#637

In my view, I will spend 50% my salary for Bitcoin. Bitcoin always grow, therefore, I can believe I will earn money when investment.

You must be earning huge salary then, or you can somehow survive without food and paying fees Cheesy  50% sounds impossible to invest somewhere, i tried to spend as less as possible one month and in the end i could invest only 9% of my salary! Now that number is lower, around 60$ a month as  their price is huge now so i can't buy more.
If he can afford to put up 50% then let him be since we do have different decisions on handling our salary but as you said maybe he do have huge salary because putting up half of your salary would really be risky.How would you pay up expenses on daily living with the other 50% left on your salary unless if its big then its not a problem as long you do know the risk you are facing on here on bitcoin investment.

Agreeed. All investments have the potential to go to $0. Be mindful of your investments and market turning points.
You can not say this is the potential, this is the risk of the market and the worst situation for investment. Actually, no one accepts the big loss as 0$ after all (means this loss made trader lost all money). However, it is very rare while the internet can provide the alert before it happens. You can lose a lot of money, but it will not "big" like that.
Dividing salary is the best decision because if you can spend all the money then you will face a lot of problems in future so you should save some money for future and also after saving some money you need to invest also.

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December 11, 2017, 09:05:21 AM
#638

If you are crypto enthusiast like me, you can invest 50% in bitcoin on regular basis. 30% on ICO I will recommend ALGORY ICO for this month! And live on your 20% and your return from trading! This is how I spend my salary for the last two years now! This plan has benefit my finances immensely!

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December 11, 2017, 09:16:29 AM
#639

Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?

i think dividing salary this is not adviseble to enter in a crypto because ur salary is for your family  or needed to ur self like foods, shelterand clothes.. if u want to realy investo to crpto much better an extra money maybe if u lose is that an extra money no hassle.

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Maricel2017
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December 12, 2017, 10:52:42 AM
#640

Yes we need to be our salary divided especially when you are in the bitcoin industry maybe you need to put some of your salary into investment that you may gain profit for your future. Dont put it that is not valuable for you to have a funds for your emergency needs because if you put it into investment you will get more.

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