Bitcoin Forum

Hey everyone, I've been grappling with a question lately and would love to get your thoughts. How much of my monthly income should I realistically invest in Bitcoin, considering the emotional rollercoaster of the crypto market?

I understand the potential gains, but I'm also thinking about the stress of watching the market's frequent ups and downs. Seeing those price fluctuations can be a real thrill ride – exciting one moment and nerve-wracking the next. So, what's the sweet spot? How do I balance a smart investment percentage without getting overwhelmed by the market's volatility?

Would love to hear how you all manage this balance. I already have some amount invested, but way less than I'd like to have, but I have that fear of being put on risk more than I should.

This is the same for all "newbie" investors in Bitcoin, because they are too excited to be invested in a technology that are very different than any other investment option out there. My best advice for you are to invest what you can and also to ignore the short term volatility.

Bitcoin can be used as a "Currency" or as a speculative "Commodity"... so if you use it as a currency, then low volatility should not matter too much, because you spend the bitcoins when the price increase... on the other hand.. buying and hoarding Bitcoin as a commodity, should be seen as a long-term investment... where you ignore short-term volatility in the price.

How it's even make sense to invest more when you're not even confident with the current money you've invested?

Only invest what you can afford to lose, if you feel an emotion, it's better to reduce the amount you invested. If you still worried, it's better if you learn about Bitcoin and find a good reason to trust it.

What if you've reduce the invested amount, learn about Bitcoin and still not convinced in Bitcoin? that means you shouldn't invest in Bitcoin.

To invest in Bitcoin successfully, you must understand both sides of it: chance to gain profit and risk to get loss.

So risk and profit comes together, you have to manage your capital cleverly enough to make sure if you get loss, your life won't be broken by your investment in Bitcoin.

You must invest what you can accept to lose.

You should never invest all money you have to avoid broken life. It also helps you to have money for life, emergent situations and you will not have to sell your coins anytime you fall into such situations with empty hands, no cash in hands.

first thing to keep in mind. if you have no intention to sell every month. there is no need to be watching the price daily
so stop watching the prices daily

you have already admitted to wanting to invest monthly so just concentrate on when to buy, dont watch the price for when to sell

as for how much to invest
dont invest more than you need to live on

set a budget
open a spreadsheet and input how much income you get.
write out all your essential bills. and then write out all your other expenses.
calculate how much you can live on if you deduct out some wasteful spending to then have some spare income
this spare income which would have just been wasted is what you would invest

as for idea's like DCA.
people investing in fiat plans like pensions do DCA because they deposit into a fund manager and that fund manager does the hard part of looking at a group of investments for the one that has the lowest market price for the year, and invest most in the low's and less in the highs
(the practice of buy low sell high)
so look at a bunch of investments that have proven longevity and utility. and then look at which ones you should invest most in and which ones to invest least in

many PoS coins are speculated way too high in premium price above their means. they cost only a few dollars to mint new coins but speculate too high on the markets (ethereum costs only $50 to mine new ether at hardware+electric cost but speculates above $2000)

bitcoin however has more market potential to grow. in some island area's of the pacific (japan/hawaii) bitcoin mining cost is above $140k per btc so the market has alot of potential growth of people willing to buy over say $120k as its still cheaper than mining. bitcoins efficient mining cost is $25k
so the window of
bitcoin
   $25k                    $140k
||||||||||||||||||||||||||||
         ^
ethereum
$50                        $4.6k
|||||||||||||||||||||||||||
              ^

so figure out the mining/minting costs of cryptos (their most efficient($0.04/kwh) and least efficient($0.50/kwh)* mining/minting equipment cost)
then look at where the current market price is within those windows of speculation, and invest more in the ones with alot more market potential for growth using sound logic of mining/minting costs

the question you should ask yourself is, how much of my monthly income can I invest into bitcoin that will give me rest of mind for a stipulated period of time?

If you're able to answer that question, then you will make the best investment choice ever. I understand that the hype could be very encouraging while the recent downside volatility bitcoin has experienced might seem a bit discouraging but you've got to just invest an amount that you can leave for a while and keep doing your job while you do a regular check on the market ones in a while to know the change in the price of btc.

First, decide if you're in it for the long term or short term. Based on what you've mentioned, it seems like you're keeping an eye on the market, which aligns more with a short-term approach. If you're aiming for the long term, there's no need to constantly monitor the market to avoid fear of uncertainty (FUD), which I think you are already experiencing.
Long-term investors focus on accumulating Bitcoin over time and worry less about market fluctuations. Personally, I haven't checked the Bitcoin market for days, and I just woke up to find it crossed the $45,000 mark. This illustrates that as a long term holder, occasional price checks are sufficient, reducing the need for constant monitoring.

 If you're considering investing, only invest what you can afford to lose, given the market's volatility.just watch the market less often and you will see the sweet spot about investing in Bitcoin

Do not force yourself into the situation of fear of missing out. First, be confident with your existing investment and create a strategy for future investment. The recommended approach is to use Dollar-Cost Averaging (DCA). Determine a set amount and invest that amount regularly until your investment in Bitcoin reaches a particular goal. Bitcoin is here to stay, do not worry about your past, work on the present and you will have a bright future.

It is Very much interesting that you know the potentials of the Bitcoin markets volatilities.
There wouldn't be an affirmed fix amount anyone would ask you to Invest on from your incomes. You know better how much your income is but here what is paramount and best advisable is that you should start your investment with a minimum amount of fund you can afford to tolerate with the fluctuations nature just as you are being aware.
Hence I would say you are not going to loose your funds as long you are well responsible and careful to keep your private key phrases safe rather you only need the ability to tolerate at when then market price goes contrarily against your will and you can only achieve a bat by investing with a tolerable amount of capital.
So, it is best known to you to figure what your income is and how much you can afford as a gambling of gambling.

What you can't do is start investing in Bitcoin without a wealth building plan and make the mistakes that many people make, such as investing money that they may need in the short or medium term and having to sell in a market downturn because they need the money at that moment.

Worry about controlling income and expenses and make sure you can save each month. Then save an emergency fund and get rid of consumer debt. That's when you can safely start investing in Bitcoin and you will be less affected by market swings because you will have more financial peace of mind.

^sounds like dave ramsey plan

20-30% of your monthly income or the amount you can afford to not to think for years that is helpful i think.
so never watch the market , put I potential target and let emotion have you mate.
We manage our balance to never expect so much , instead we are contented looking to potential earning of at least 30-50% .

I can not possibly tell you how much should you invest from your monthly income i mean i do not know your monthly expenses do you have a family that you are providing for? Any kids or no kids? Are you paying off any loan? It is a complicated question

If you are unsure of the amount you should put in into investment then just do not put that amount if you put too much of an amount you might scare yourself and be easily swayed once FOMO hits it’s either you get over the uneasy feeling of investing your money in order for you to invest with how much you want it to be or you settle for the amount of money you are only comfortable with putting out i do not think there is anything wrong with either one but of course the first situation guarantees more profit however the second situation also helps you to not recklessly put out money

You should not follow prices on a daily or weekly basis. Make your thinking over several years, and then short-term fluctuations will not be a problem for you. If the price decreases, this means more opportunities to buy Bitcoin at a cheaper price, or use DCA in order to simplify investment for you.

Invest any surplus amount you have and allocate, for example, the profits from freelancing, your extra time, or any profits that you do not need in your daily life to buy more, and after several months you will notice the change.

Before investing in Bitcoin, you must calculate your income and expenses. You will know how much money you still have left from the results you get. From the remaining money, you can decide how much money you can use to invest in Bitcoin.

When you have a certain amount of money you can invest in Bitcoin, you don't think about the ups and downs of the ever-changing market. You can use the DCA method to invest in Bitcoin to be calmer against ever-changing market conditions. You won't panic if the price of Bitcoin decreases because you already have a schedule for investing in Bitcoin, and it does not depend on what the price of Bitcoin is in the market.

If you can only invest in Bitcoin using $20 every week or $50-$100 every month, you can use DCA to invest in Bitcoin regularly. That already prevents you from thinking about Bitcoin price changes. You can also focus on your life because your investment in Bitcoin is still going according to plan.

OP, you should only invest with the amount of money that you wouldn't need for a long time, this is why you must consider investing in a long term so that you can be able to grow your bitcoin portfolio to a significant amount. As for the amount to invest with, you can use 10%from your weekly or monthly income to invest in bitcoin, so that you can buy bitcoin frequently with that amount, but it should be based on your monthly income. DCA is the best way to accumulate bitcoin because you are buying frequently irrespect of the price of bitcoin at that moment. It also make your bitcoin purchase at ease with you and you can have time to plan your income for other investments too. Make sure that you have an emergency funds available and reserve funds so that if any expenses arises you can solve it. Have a bitcoin target so that you will only concentrate on meeting up with your target by DCAing regularly and this will make you not have time to get carried away with the little fluctuations in bitcoin price. A long term investment will lower the risk in bitcoin and will make you to be able to control your emotions if you are using DCA.

Emotion must not taKe place when you invest in bitcoin because this market is only for
tough and capable of risking and not the drama way of life because you will only lose here and will
never gain if that is your behavior .
or maybe he needs to close her eyes for a while to not see how much the market changes
because that is the reason why he will change his emotions like rollercoaster ,

Coming from a once crypto newbie, you will easily be consumed by emotions in crypto if you have no source of income, you will be less vulnerable to emotions if you are making money, mistakes will be easily corrected and you will be able to take risks without much worries.

Since you are investing in Bitcoin you are less consumed by stress of doing research like those who likes alternative coins, Bitcoin is far better than others and the only way you can still be emotional is you risking what you can't afford to lose, and this always happen when the investor is jobless.

Right. It's true that having a stable source of income can provide a sense of security in crypto investing. While Bitcoin is often considered a safer option, emotional decisions can still arise when risking more than one can afford to lose. we should still approach any investment with careful consideration and a balanced mindset.

I'd like to say just do not invest. And that is because you are complicating things to us wherein fact that you are also confused but you understand everything.  You want to invest but you do not want, so it is like that.

And for you to have more confidence in investing if you decided to continue then start with 5% of that amount you are saying so that you wont have issues to yourself whenever you cannot feel the fluctuations.

First of all, investing monthly sounds like a good idea because it can take some anxiety away and become a routine thing to do. Secondly, the percentage you invest should depend on the percentage of your income that doesn't go on covering monthly expenses. If, say, you have 10% left per month, you can invest half of it in Bitcoin (just to keep some money in fiat for fast use in case of unexpected expenses). But that depends on your situation, and it's important to make sure you are always left with enough to pay the bills, buy food, etc.

You don't worry about your Bits everyday. You just buy them when they are low, and HODL them for upcoming years. Wait atleast 4 years before you cash them out. Just keep HODLing, that's what I am doing and that's what I want you to do. The chances to lose money by doing this is way too less as compared to doing buy/sell on every weekend after seeing a small pump or dump.

Can you handle seeing your investment fluctuate significantly without losing sleep? If not, it's better to err on the side of caution and invest a smaller percentage. I know and have been there before, that it's easy to get caught up in FOMO, especially when you see Bitcoin skyrocketing, avoid making impulsive decisions based on hype or emotion, stick to your investment plan, and trust your research.
It's okay to start small and gradually increase your investment over time as you become more comfortable with the market dynamics and gain experience and confidence. Good luck!

the answer to your question is to only invest according to your abilities using the dca method and do it in the long term. in this way, you can invest with less capital, but do it over a long period of time to achieve the profit you want. investing in this way will prevent you from looking at the charts too often, so you can focus on other things and this can reduce your stress significantly.

this kind of method has been applied by many bitcoin investors, including myself, and i can say that this kind of technique is more suitable for us investors with limited capital and who don't want to risk more in an unstable market.

In fact, when it comes to how much money to invest in Bitcoin, everyone has different measurements regarding this. Because not everyone has the same income or salary every month. So the nominal amount of money that can be invested in Bitcoin will also vary.

However, if you want to know the safe limit percentage of how much money you should invest in Bitcoin every month, I personally like to put the income I have in Bitcoin every month at around 10%-15%^(average). Because with that amount of money, I think it would be much better.

And regarding the turbulent emotions, I think this will get used to over time. The important thing is that the money invested is really money that is not used and is ready to lose that money. That's why I decided to invest 10%-15% of my monthly salary. Because actually this money is half of the savings that I always save every month and I am ready if for example the money disappears.

That's more like trading than investing if you are going to look for the market all the time which can cause you to have a roller coaster feeling as you could observe the volatility changes from time to time. Most of these kinds of experiences are from newbies as they are not that familiar and experienced with investment, if you still have doubts you can start from a small amount first or use some kind of method such as the DCA method if you like to take advantage of the market.

From your post seems like you are aware of the pros and cons of investing, if you already have the knowledge but don't have enough courage to invest it might be due to you're not ready to invest financially or you are just scared, then you will have to build up your confidence without feeling pressured if you are gonna invest with that feelings, it might just cause unwise decision and calls.

How much tou can invest from your monthly income depends on you and what your bills are, because one of the best way to invest in Bitcoin and have the peace of mind is by only an amount you can afford to keep away for a long time.

This is what you should carry along as a mentality and you should work with that approach,  let say you can decide to hold the amount you want to keep aside in your bank as savings, so instead holding your savings in your bank account, you can choose to use that amount to invest in bitcoin.
You have a point on the stress that happens with holding along with the volatilities of the price of Bitcoin, and for that one need all the motivation needed to hold firmly along the way and also practice how to DCA to achieve a successful accumulation plans

My best and only approach is to make sure that i buy Bitcoin when the price is at a discounted price, that put you in a position that doesn't place me under pressure to sell at any time since long-term potential is better than short-term gains regardless of how volatility happens in the market.

This happens to rookies who see the potential of Bitcoin investing but are scared of its unpredictability. The most secure is to consider Bitcoin a long term venture where highs and lows of its price are ordinary.

Congrats on making the initial step toward Bitcoin investing. Make certain to have effective money management to control your emotions. If you figure that what you invested is only a little, add more. Just be certain that you add more to your Bitcoin investment a sum enough for you to quit stressing over its momentary highs and lows.

No one can tell you how much of your montly in come you should invest, that's entirely up to you. Standard answer is to "invest what you can afford to lose" but realistically, majority of people invest more than that.

What can I suggest you to reduce amount of stress is to stop looking at the price on the regular basis, especially if you are into it for a long term hodl. Few years ago I deleted all the price tracking apps and i have to say that it helped me immensely.  

Bitcoin is a digital currency that we must understand the reason to everything we are doing, you can choose to make an investment base on the level to how you can afford, this is not what you may do out of passion to make quick profits, but you're making it because of the realization you made in knowing how important it is to make an investment in Bitcoin after which you would have understand the benefits and risk involved.

OP. No reason to get emotional over Bitcoin.

1) Buy Bitcoin only with extra money you don't need. That way you can hold long term and have no reason to care about short term price changes.

2) Only put money into Bitcoin during the low end of the bear market to the upswing part of the market cycle and before the bull run starts. So for example this market cycle that would basically be late 2022 to probably the halving. That way you don't worry about next bear market in 2-3 years actually going lower than where you bought this market cycle. And during this buying period of the market cycle just DCA, every day or every week or whatever, but don't try to time your buys during this buying period, just buy with the same amount of money however often you decide to buy.

3) During the bull market just save your money so you have a bunch of money set aside to buy back in next market cycle once it starts getting down to what seems to be the bottom of the bear market.

4) If you're following the above rules you shouldn't have any sort of emotional rollercoaster. But another great way to stop that if you do is to stop checking the price a lot. This is a long term investment (years or decades), no reason to check the price every day or every week unless you are buying or unless you do trading.

You don't have to excessively invest in Bitcoin when you are only receiving a small salary and also have other expenses to cover. Usually, the expenses of any individual vary every month; someone might have more expenses and bills to pay in month "A," while in month "S," They may have fewer bills to pay. So, before making an investment, you need to create a budget and look at your expenses for that month and also consider saving some cash for emergency budgets.

 After you are done making provisions for the expenses and keeping some emergency funds, you can invest the rest in Bitcoin.

Take, for example, if you are earning $5k every month and you are still a batchelor with no too much responsibility, you can decide to invest $3k every month and keep $2k for your expenses through that month till another payment comes in. If by the next month you have a lot of expenses, like about $3k-$4k, you can also invest $1k for that month, and if by the following month you have a smaller budget that only requires you to spend $1k, that means you will invest $4k.

Continually, just keep adjusting to your budget and making sure you are not investing too hard in a way that you will have to sell your coins when the price is down. Emergencys do happen, and if you have invested all your money in Bitcoin when an emergency surfaces, that means you will have to take out a loan or sell some of your coins.

As an experienced Bitcoiner, you should be aware that Bitcoin is a volatile asset; the price must definitely go up and down, and you should be assured that if you don't sell when the price is low, you will definitely make a profit during the bull market. That's why it's not wise to invest more than your budget. If you invest within your limit, there will be no need for you to sell in a rush. Even if the price is falling, you will not worry too much about it because you are not in a haste to sell.

The thing is not that I'm not confident. I am confident and trust BTC to be my future more than any FIAT currency.

My question is more about how people deal with the big emotions of investing, or if they ever care about it.

Because after all, it is all about making more money and not losing it all, isn't it?

Yeah, I believe your answer is very useful. Thanks!
I'll try to have a more controlled expenses to check how much it will remain of my money.

I actually don't control that much my money, even having a good income compared to the average in my country. I receive, pay my bills, have some fun, invest some amount and that's it.

I'll make as a goal this year to have a better control of my expenses

Even clearer answer could also be meditation. The whole point of meditation is to make sure that you are going to end up with some self control, there is really nothing that you could do to make sure that you are going to end up too emotional if you could master meditation. Its the controlling of your breathing that starts you, and then you get calmer and calmer. I use it for sleeping, I used to have a lot of trouble sleeping, now I am doing better, many people do this. I think its quite important to realize that life is not always all that fair, and sometimes you have thoughts that you can't control, but if you can work on it, you could keep them in control a lot easier, it just takes a bit of practice.

I don’t get it mate why you taking stress about Bitcoins. Bitcoins are for long term investment only. If you want to get noticeable profit, then invest in the coin for atleast 4 years and then think of cashing it out. If you are someone who wants quick profit then Bitcoins aren’t for you I must say. Moreover if Bitcoins price goes down, then instead of panicking think this as an opportunity and buy it. Show trust in Bitcoins, and in return you will definitely get more profits than expected.

Do one thing, just keep aside a part of your salary even if it's 5% or 10% as monthly investment for Bitcoin by this way you will always be one safer zone because you will be buying Bitcoin throughout the year be it bear market or bull market which reduces your level of risk and moreover set a target like 3 years or 4 year like Fixed deposit and don't withdraw it before that else you may set up a Bitcoin price target post which you can withdraw incase if Bitcoin hits that target. I would say you shouldn't be worried much about Bitcoin investment because it's not like Altcoins where you risk it all and if you are investing only a part of your salary as mentioned above you will not feel like investing huge amount but it would eventually accumulate on a bigger amount.

Out of my head without thinking much I'll say 10%, 10% set aside monthly to invest in Bitcoin won't disturb your finances and you'll still have enough to handle other bills and live comfortably but then again, I don't know how much you earn monthly so the question goes back to you, how much will you be willing to risk monthly to DCA into Bitcoin and won't get bothered with the market movements.

If you answer that with an amount then that's what you should be using to buy Bitcoin. After doing it for sometime and you get more comfortable with the market you can increase your purchasing amount or if you're not still confirmable, you should reduce the amount until you get to a point that you won't be concerned about what's happening to your invested money for now.


You have a problem, that's you're getting attached to your money too much and that's why you're monitoring the market, Do understand that you have invested the money and not looking to make profits in the next couple of minutes so you shouldn't be concerned about the price movement of the market until it's time when you planned to cashout your investments. Reduced your capital to amount that you can throw away for couples of drinks and you won't be moved, as I said, invest small and increase your capital as you get more comfortable with the market because you'll definitely get comfortable with more experience.

That is definitely the case, it would allow everyone to have something more decent, and less risk for sure. If you do DCA then drops are not scary but opportunity and if you could make it seem like that, then you are going to get better when it goes up. So, you do not have two option of losing or winning, you have two options of accumulating or winning, and that makes things a lot better.

Many people avoid that mindset and that causes a lot of trouble, I believe that you should definitely consider that as an option. I know that it is not going to end up with a great return, we should consider DCA as a way to make as much profit as possible, the return is not all that crazy when it is not moving, but when it starts moving the return becomes huge.

Make use of only an amount you can set aside for a long time to buy Bitcoin so as not to be under any pressure when the market goes against your prediction of the market for a long while before you reach your set time frame for accumulation, Bitcoin investment must be done with the right mindset and stable allocation that disallow any form of pressure to sell at whatever time that is out of your investment plans.

For a start, you can set aside 10 to 30% of your total income every month and as time goes on you can then increase that amount to a new percentage in your income and also try to hold for at least a space of 2 years before you think of selling your assets.

No one can tell you how much of your income you should invest in Bitcoin each month, it's your money, you are the one who manages the expenses and makes the monthly budget, so it's only you who can decide such things. And, once you decide that, you need to think it through and make up your mind whether you want to invest for the short term or the long term because the concerns you have should be present when you are investing for the short term.

Someone who intends to invest in Bitcoin for the long term shouldn't worry about frequent ups and downs and market volatility if they have some knowledge about the market and know that the market, specifically Bitcoin, moves in a cycle which means that short-term ups and downs don't affect the overall price at the end of the cycle.

I understand your worries and fears towards your first bitcoin investment because everyone has been in your shoe. But to be honest, if you are not ready to lose, then don’t decide to invest. Bitcoin investment has a higher risk l, so if you think you’re not yet ready on it, then don’t invest. However, if you are really motivated to start investing, always invest with the amount you can afford to lose. It could be 3%-5% of your monthly income, that’s already up to you as long as you won’t regret losing your capital.

Bitcoin investment due to its high volatility will make you experience a roller coaster ride, and if you’re weak and easily fainted, you will not survive this type of investment. However, the only way so you won’t fall into a much roller coaster experience is to only invest what you are comfortable of losing. Don’t invest on a huge basis because  that will surely frustrate you if ever you lose them all. But invest in a small amount of capital as losing will never be much an issue for you.

One thing also, if you invest with full of emotions, you will really find it hard to overcome the risk and last longer in  your investment. So learn to lessen your emotions involved so you won’t compromise your decision making.

Go for 1% of your net income, I think that is reasonable enough but if you can go for 5% that is even better.
Honestly, it is only you who could decide the amount to spend on this stuff but for me, 1% is good enough. Of course, we can think that amount is quite small but doing this consistently monthly that be soon big. That really matters in your income because even if you have a huge monthly or daily income, I don't encourage you to put everything on crypto, you know the risk for sure.

If you don't know how to handle your income or salary why not try the 50/30/20.
50% for your needs like utility, bills, food, 30 for your want a percentage of your income to spoil yourself eat at your favorite restaurant or buy something for yourself, 20% for your investment or debt.

You can invest your monthly income as much as you can if you’ve made up your mind not to touch them after investment and have decided to invest what you can afford to keep for the long term. You’re not investing in bitcoin with money you can afford to lose because if you’ve such mindset, you’ve derailed from bitcoin investment and you won’t get what you want at the end of the day. Bitcoin investment when invested as it should be, you’ll benefit from it later.


This is a normal feeling to many bitcoin enthusiasts or investors, it just differs how everyone feel theirs and how everyone have built their mind to have resistance to such changes in the market after their investment. The best way you can still balance your investment percentage is by investing what you can afford to keep without touching for the long term until you’ve benefited from the investment. Bitcoin investment is a safe haven amongst other crypto assets, so you need not to worry how long the investment takes, you’ll benefit from it as long as you remain patient for the investment to grow

Yes we fet your point bitcoin is for long term but still I think its exaggerated that the OP should wait for 4 years?! We know that not all of us has the luxury of waiting for too long in our investment as we all have our own needs that's why he is investing, I think the proper advise is that he should learn how to manage his investment in a sense that some of his asset should stay long term or holding for long term for more efficient and bigger profit but also he should allocate holdings that he can exit or convert as kong as he sees a profit, its depends on how will the OP will manage his investment, where he will place his trade or what price will he buy bitcoin, there's a lot to be considered in investing in bitcoin its not all about buying and selling assets. In short proper investment management, knowledge and analysis is need for bitcoin investment any kind holding, trading and etc

My advice on this has always been to invest an amount you can afford to lose. Now, I don’t think it’s possible for you to invest an amount you can afford to lose and still have all of that fear or anxiousness when watching the market go up and down. Don’t try to rush making money of Bitcoin or any cryptocurrency. Invest a little amount you won’t cry over, and then you can gradually invest more small amounts (DCA). One day you’ll notice that it had turned to a lot of money but the whole time, you didn’t feel like you were really putting a lot of money.

How much of your monthly income are you willing to put on the line really? That's the answer to your question. We can give out a number here and if you're not comfortable with that you wouldn't be. After all we all have different propensities and capacities for risks. Some people will be willing to take 50% of their entire income in investing, some will be okay with just 10 or 15, some wouldn't be bothered to invest at all cause they feel like they don't have enough money for it. The answer lies within you, if you wanna know how much you'll be able to put on the line, think about how much money you'd be willing to invest without it putting you in this roller coaster of emotions.

The thing about crypto is regardless of what coin you invest in, as long as you play your cards right and you don't go out investing on every "next bitcoin" cryptocurrency on the market you'd still get some sweet-sweet gains, and as long as you have a budget for everything that you strictly follow I say you have a great chance at succeeding. Just once again, figure out how much of your monthly income you'd be willing to not see for a while as you put it into work.

The answer is to only invest what you're willing to lose, OP. BTC is inevitably going to go up over time; it's a long run, big picture deal. You need to sort out how much of your income you're willing to throw into BTC on a regular basis; DCA and you'll come out ahead.

In my own opinion, I don't advise that you need to invest monthly and get money from your income, what I can highly suggest is to invest money that is your extra money, don't use the money that you know you will needed in shortly because we all know how volatile the market is.
So using a money that you will not needed and not too much for you and you are afford to lose it is the best!

The story of my life: I was once a "newbie" investor, standing at the same spot with the same feelings several years ago. Psychologically, to extricate oneself from the rollercoaster of emotions, it is crucial to recognize that the fear of missing out on potential gains in Bitcoin is merely an irrational thought that can lead to impulsive buying and selling. As we say in my country to anyone feeling anxious, take a chill pill. Stay unbothered and remain resolutely committed to holding your Bitcoin. Disconnect from anyone advising you to sell as a way to cope with emotions.

Yes, this method is quite effective for those who want to invest in the long term. it's like people saving in the bank, setting aside a little of what they earn for future needs.
But still, always use money that you are unlikely to use within a certain period of time in your long-term investment planning. because market situations and a person's economic conditions can change very quickly.

This is very hard to answer TBH because there are different factors to consider with this one.
I can say that you should invest 500$ of your monthly income, but do you have a monthly income of more than that amount? I can say 100$, but is that enough for you already know that you are earning 5 figures every month? Your monthly income, risk appetite, etc. I can't speak for you about this because you might be richer than many people here. I will just share my experience that every month, I'm allotting 100$ of my monthly salary to invest in different assets (crypto, stocks, bonds).

What's your purpose in investing in the crypto market? Long-term or short-term?

If you're investing for the short-term then it's stressful to watch because one day you can see the crypto that you bought up 5% for the day, but the next day it will go down 5% or even more. Deal with it if you are a short-term investor. Now if you're a long-term investor, you don't need to watch the market because it's kind of useless.

I'm a long-term investor, and yes I'm still looking at the market daily, but I'm not affected by the short pumps and dumps that are happening with the crypto market. I learned already how to not get affected by this, and only focus on my long-term targets. I'm just looking on the market so I keep myself updated on what's happening in the crypto world. :D There's no sweet spot, and you will get overwhelmed at first, but over time, you will learn not to. I also felt that one when I was starting, but what I did was I kept on learning, and learning.

I can totally relate to you. because I have gone through these when I was a newbie in crypto and early in bitcoin investment. I think everyone had same experience at some points. it is a type of FOMO we have (Fear of Missing Out) and a Type of Panic.
when we see the bitcoin and other altcoins price increase we think we are going to miss the boat. and when a coin's price which we bought start decreasing we start panicking because we are afraid of losing.

Everyone will eventually learn to control their emotions so you will too. the best thing you should do is that you just don't check market again and again. check it once a day or even for longer time. specially when you don't have anything to trade.

After years in this game, I can say that bitcoin thrive. But how much to invest? Its a balance of guts and wisdom. Whats my risk tolerance? Can I afford to lose much without sleeping? I never invest more than 50% of my monthly income in Bitcoin. Thus, I play without betting the farm.

What about that emotional rollercoaster? Its real, and its intense. However, if you're worried about market volatility, you're probably overinvested. Investing should be exciting, not scary. I learnt to view financial decisions as a strategic game rather than a gamble. Be informed, but dont obsess over everyday changes.

Finally, strategy. Great to see Bitcoin support. Diversify. Never put all your crypto eggs in one basket. Divide your investments among assets. This reduces danger and balances your view. Bitcoin is a marathon, not a sprint. Maintain a long-term investment strategy and ignore short-term volatility.

this question has been asked a lot of time and at this point I will choose to agree that we not being truthful to ourselves. We all know how much we are earning and we understand how much we can afford to use for an investment that will still give us the leverage of living comfortably.

Understand that when it comes to the amount you should use in making any investment, it shouldn't seem like their is anything too special because you are investing in bitcoin, take it that you are buying a known asset like land that you know that within two years, it value will appreciate. How much of your savings would you comfortably put into purchasing that land? You know that the price of that land you're buying won't just appreciate like that and what you need do is to spend an amount that wont keep you hungry after making the purchase.

It's as simple as that when you intend buying or holding your bitcoin, buy what you financial strength can carry.

Tried to keep calm and never check your portfolio every day. I will tell you OP that emotions can be triggered if you keep checking your investment, it will bother you too much and make you think negatively instead, of focusing on holding. The market is naturally will pump and pump, don't get too attached within and stop being too emotional because that will lead to making wrong decisions and panic selling. That is why investing in crypto needs patience, courage, and of course, trust. If we are investing in usable projects then we have nothing to worry about, might it dump today but certainly be rising back again.

first here mate is how much are you earning monthly , and how much the amount you can really risk and forget for such a time ?
because that will evaluate how much you are willing to invest here , remember that the money should be the funds you can risk or at least can let go for some years because this market is hardly to grow in just a year time.

I prefer just not to watch too much news and not to open my wallet too many times when I'm not planning to buy or sell something. Not Bitcoin, of course, I'm planning to hold it for many years to come, this is why I'm not too bothered about short-term fluctuations.

It's always been a psychological game.

They make you fearful, thrilled, then pump, dump, shake you out.

The general advice that has always worked is:

- do not do any intraday trading, especially not with leverage
- do not be super focused on daily crypto news
- live your life and think on long term
- invest only as much that doesn't make you question your sanity every night

Like many pieces of advice I give to those new to this market, if you want a lasting profit, invest in knowledge of the field you want to research first. And in a field that includes finance and technology, ask yourself how do you define investing?

Frankly, are you willing to lose money on this, do you prefer a painful experience or enjoy the comfort of a specific plan? There may be many tactical suggestions, but you need to understand that this is a personal plan not for the crowd and not everyone can follow a strategy. Don't be too hasty with the appeal of the emerging market. Yes but can't see the risks. I like the balance between risk/return in the investment process, so by learning and experiencing including failures will help you be more independent than dependent. If possible, I think the salary will help, tt is reasonable that you are willing to lose 5% monthly to access this market.

With Bitcoin market, investors will have to learn about Fundamentals, Technical Trading and they have to learn more than that.

How to store their bitcoin.

If they store their bitcoins in accounts on centralized exchanges, I wish them best and hope they won't lose their coins on CEX.

Reminder: do not keep your money in online accounts (https://bitcointalk.org/index.php?topic=5421039.0)

When CEX has a bankruptcy, if they make compensation, they will pay you in fiat currency and don't care about how much does Bitcoin cost at the time they bankrupted and at the time they pay you in compensation.

Mt.Gox, FTX filed documents to pay their users with very low price of Bitcoin years ago and in 2022. Imagine you store 1 bitcoin on FTX in 2022, and now if they compensate you, you will receive like 1/3 bitcoin because Bitcoin has good rally from its bottom in 2022.

Painful.

If your financial condition is that you already have children and a wife, then the appropriate amount for you to invest is the amount remaining after the family's needs are met.
If you and your wife have income, then arrange it by having a discussion with your wife to determine how much will be allocated for Bitcoin investment.

Profitable investment lies in the type of long-term investment that is carried out regularly every month.
Because the crypto market is very volatile, don't worry when prices experience a price drop like what happened yesterday.

Well the cryptocurrency industry is a risky one especially for those who are scared  and since there isn’t any specific amount expected to be invested, I think you should only invest what you can afford to loss as I mean nothing is guaranteed in the industry and as such you should be responsible for every action you take.
I love your caption which already proves you’re already aware of the risk involved and you shouldn’t be focused more on the profits but rather work on strategies that will limit your losses and just as others have already told you, you should always make sure you only invest money you can afford to loss.

It’s normal for a newbie to feel like that, having the fear to lose and to overcome roller coaster emotions due to bitcoin’s volatility. But believe me, experience will help you manage your emotions and live life with balance. If it means losing at first also you will have something to learn, then so be it, face your losses but still continue to invest while harnessing your knowledge and skills. And invest within your means, like 3-5% of your monthly income so that if things do not go based on plan, then losing your capital won’t be a big issue for you.

However, know that emotions become our best enemy when we invest or trade. It’s really hard to control our emotions most especially in times of winning or losing, but having often exposure on the market, you will learn to slowly control your emotions so you can focus on your goal or target why you invest in bitcoin in the first place.

Rule 1- Always Invest what you can loose

Bitcoin is profitable for Hodlers i.e Those that buy and keep it for a longer period of time. So the thing is that you should buy low and sell high. They are timely event that for BTC this year 2024. This include ETF, Halving etc. So by speculation BTC will end high.

Rule 2- After making your analysis allow the market to play out

If you keep checking chart, you will always make hasty decisions.

Rule 3- Be Patient