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Author Topic: How much of your earning you are converting to BTC?  (Read 3446 times)
Melds
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August 07, 2014, 07:27:00 PM
 #41

10% always. No matter the current price.

Carra23
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August 07, 2014, 09:12:23 PM
 #42

Actually right now if I invest I will probably get some of these 2.0 coins. Risky, of course but also potential for big rewards/ It will also allow me to hedge my bets in case one of them goes big and challenges Bitcoin.
Capt Drake (OP)
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August 07, 2014, 10:28:55 PM
 #43

Actually right now if I invest I will probably get some of these 2.0 coins. Risky, of course but also potential for big rewards/ It will also allow me to hedge my bets in case one of them goes big and challenges Bitcoin.

I don't know... What are the benefits of these new "2.0" coins?  Huh
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August 07, 2014, 10:50:16 PM
 #44

My conversion is roughly around 5% of what I make. Even though bitcoin has shown tremendous growth potential, especially these last few months, I'm still fairly cautious on going overboard with bitcoin.

[Just for perspective, I put around 30% of my income into various investment vehicles.]

30% of your income to investments is actually quite impressive. Having only 5% in Bitcoin seems low, especialy with the past growth rate and probable likely growth rate of bitcoin price being far greater than anything traditional investment. If I were you I'd bump up Bitcoin to being 33% of your investment portfolio, but then again I'm a long bull Cheesy
Admittedly, it varies on a quarterly basis, but with the activity within the last two quarters, I've adjusted it to a lower number. Naturally though, if I start seeing different numbers and trends, this will definitely change.
rogerwilco
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August 08, 2014, 02:50:50 AM
 #45

About 20% until I reach my savings goal, then I'll switch to stacking PMs.

It's probably wiser to invest in the safe asset first, but I don't want to miss the train.  Grin
Mybitcoinz
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August 08, 2014, 04:12:35 AM
 #46

I'm earning btc with trading, I don't invest any FIAT in it.

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August 08, 2014, 06:44:51 PM
 #47

75% in normal months.  The other 25% is living expenses.  I only started buying this year so I am catching up to the guys who bought in 2013; bad timing costs a lot of money.

I own my own business and, unfortunately, business has sucked the last 2 months so I haven't been able to buy much at these cheaper prices.

Yes, I am still in the black, even while buying this year.
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August 08, 2014, 06:56:41 PM
 #48

Everything I can spare I put in Bitcoin. I know, it's a gamble, but I'm willing to take it. You know, all those rich people didn't become rich by just playing it safe and never taking a risk. If Bitcoin goes indeed to the moon and I miss the rocket, I'd be biting my own ass for all time.

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PRIMEDICE
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azguard
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August 08, 2014, 07:02:06 PM
 #49

For past several days didnt convert any altcoin in btc, usually i do but not now have some strange felling like last year in November when jump pop up.

Have some felling that i will happen again dont now if will be in next few days or months.



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Carra23
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August 08, 2014, 09:52:43 PM
 #50

Actually right now if I invest I will probably get some of these 2.0 coins. Risky, of course but also potential for big rewards/ It will also allow me to hedge my bets in case one of them goes big and challenges Bitcoin.

I don't know... What are the benefits of these new "2.0" coins?  Huh

NXT and Bitshares look very promising. Then there is this Ether business. I do not know if they will be any good, but if one of them get real big I would not like to be kicking myself. If they instead fail and Bitcoin goes strong then I look at my investment in them as an insurance fee.
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August 10, 2014, 10:16:17 PM
 #51

My conversion is roughly around 5% of what I make. Even though bitcoin has shown tremendous growth potential, especially these last few months, I'm still fairly cautious on going overboard with bitcoin.

[Just for perspective, I put around 30% of my income into various investment vehicles.]

30% of your income to investments is actually quite impressive. Having only 5% in Bitcoin seems low, especialy with the past growth rate and probable likely growth rate of bitcoin price being far greater than anything traditional investment. If I were you I'd bump up Bitcoin to being 33% of your investment portfolio, but then again I'm a long bull Cheesy
30% of your income is much more then you likely are able to save unless you have a very high income level. Most people are not able to save more then 10-15% of their income and if they do they are living a lower standard of living then what their income would suggest.
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August 11, 2014, 06:32:48 AM
 #52

Starting to consider of inveting some fiat in bitcoin, but have not done this, unless buying mining equipment counts.
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August 11, 2014, 06:36:49 AM
 #53

I'm not actually putting any new money in. Maybe if price is still this low (or lower) around year-end bonus time, I will put in a couple thousand more. For now, just keeping most in cold storage and trading with 10-20%.

tooil
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August 11, 2014, 06:58:41 AM
 #54

Earning them in different way also.

And convert 90% to CASH every month.
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August 11, 2014, 07:09:22 AM
 #55

About 30%, the rest are for expenses and about 10% saving in fiat...

The Transit Coin is on the way. help us to decide the path we have to follow:

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August 11, 2014, 07:16:23 AM
 #56

Let X my earnings.
Let Y be things that will make me homeless or be in jail or dead if I don't pay for them.

What I put in bitcoins is X-Y, no exception
lay785
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August 11, 2014, 07:49:31 AM
 #57

0% , I dont gamble.
Wary
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August 11, 2014, 08:22:12 AM
 #58

Let X my earnings.
Let Y be things that will make me homeless or be in jail or dead if I don't pay for them.

What I put in bitcoins is X-Y, no exception
You are the hero!

Fairplay medal of dnaleor's trading simulator. Smiley
db
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August 11, 2014, 10:58:30 AM
 #59

30%, but for no well thought out reason. It's just that about 30% of my income is in bitcoin and I don't spend most of it.
HarmonLi
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August 11, 2014, 10:59:46 AM
 #60

I'm more of the 80s guy and so I try to keep things safe... I like BTC though, so I invest 1% of my monthly earnings in BTC. I often have to keep myself from day-trading, or rather day-wasting, those BTC afterwards... Sad times...

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