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Author Topic: Dividing your salary.  (Read 18112 times)
stomachgrowls
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September 20, 2017, 06:32:00 PM
 #161

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?
Your decision is totally based on the amount you are earning as salary and your responsibilities such as bills you have to pay and all. Once you can put that into consideration and you can afford to save upto at least 20%, I see no reason why you shouldn't. That is what I have always done anyway. However, the decision is yours if you know you can afford to loose it. Every investment comes with risks and bitcoin to me, I classify as mid risk investment.
Bitcoin is indeed a risky investment and also on all coins in the market.This is why before we decide to invest or putting money on it we should really be ready on the possible things that would happen into our money.There are two possible things might happen either on gaining profits and losing money and talking about dividing your salary then get those funds that you will use on crypto from your savings.

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September 20, 2017, 06:48:24 PM
 #162

You should invest a percentage that allows you to live life as normally and that you are willing to lose in the worst case scenario. This amount will vary from person to person but personally I aim for around 20% but currently I have quite low expenses.

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September 20, 2017, 08:54:13 PM
 #163

To get a profit from investing Bitcoin the time to take it is uncertain because Bitcoin fluctuation are so high so to invest in Bitcoin always use free money and afford to lose, with a percentace of 20-30% of salary.
This is a very good suggestion i think before doing any kind of investment, you need to save some portion of your salary for some time. Once you have enough savings, then go for some good investment. Spend other part of your salary in meting your daily expenses and fulfilling your needs.
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September 20, 2017, 08:57:03 PM
 #164

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?
It depends on various factors,like if you invest in cryptos,will you have pressure financially or have struggles on managing your expenses? Not to mention that investing in crypto will give you profits mostly in the long term and if you do not have a problem with it ,then you can probably go with it. I would say from 10-20% maximum of your salary would be sufficient enough,and please make sure that you learn the basics of bitcoin before that.


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September 20, 2017, 09:32:10 PM
 #165

That all depends on your salary and your needs. If you are supporting a fsmily, of.course that should take thr bulk of your salary. Probably a 15-20% savings would suffice givem your sitiation. If you're salary is far too much for your lifestyle, then put like 30-50% in. That's a sacing for your future anyways


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September 20, 2017, 09:48:42 PM
 #166

You're the only that can divide your salary in terms of the percentage you desire. As an employee too, there's already an allocated amount and percentage for my needs. First for the monthly bills, I make sure that I won't be cut by this obligation, food, water and other important matters. And if there is still a remaining money for budgeting, that will be a spare and it's a good money for investing to bitcoin, 5-10% isn't bad at all for bitcoin.



 

 

 

 

 

 


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September 20, 2017, 10:00:47 PM
 #167

That all depends on your salary and your needs. If you are supporting a fsmily, of.course that should take thr bulk of your salary. Probably a 15-20% savings would suffice givem your sitiation. If you're salary is far too much for your lifestyle, then put like 30-50% in. That's a sacing for your future anyways

It is almost impossibe to invest if person lives monthly paycheck to paycheck.Positive income is something that person should be able to divide his/her income to gain interest over time.For understanding the reasons i advice to read this book: Rich Dad Poor Dad(Robert Kiyosaki)

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September 21, 2017, 02:19:55 AM
 #168

In fact it is very necessary to buy and save Bitcoin as a long-term investment because Bitcoin fundamentals are very strong and the price prediction can be 10 times in value in the future. And for a percentage of our salary depends on how much money left over after the use for the cost of daily needs. But to be more secure in investing use no more than 30% of our salary to buy and save Bitcoin because Bitcoin has high fluctuations.

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September 21, 2017, 03:02:53 AM
 #169

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?
if I were you, then I would get my salary some 50% percentage for bitcoin and 50% for daily needs
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September 21, 2017, 03:04:28 AM
 #170

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?
my opinion to be able to share your salary if you have a family then 25% for bitcoin and 75% for the needs of living with your family.
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September 21, 2017, 03:24:32 AM
 #171

10% is reasonable enough to set aside from your salary if you are going to take it from 1 payday only, but if its 2 payday in a month 5% per payday. They say when you try to save, you should set an amount and take it right away regardless of how much will be left for you until the next payday and it should be done before you set aside how much is your budget for the rest of the week until you receive you next salary. If you do it the other way around like pay your bills, set aside money for other expenses then you will end up with small or even zero savings.
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September 21, 2017, 05:04:39 AM
 #172

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?
As much as you are ready to lose, no more. It is very difficult to control your investment percentage when you want to trade, but there is a limit - a salary, and it must satisfy vital needs. But certainly not more than half.

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September 21, 2017, 07:46:09 AM
 #173

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 split my salary as follows:
70% for trading and bitcoin investments
30% for daily needs
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September 21, 2017, 07:46:57 AM
 #174

Not more than 5-10%. Because i have little experience to the investment in crypto
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September 21, 2017, 03:18:40 PM
 #175

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'm usually spend about 10%~ 15% from my salary every month , depend on my mood actually.
Overall I can made some profit from bitcoin and I learn many things since I knew bitcoin
It is good if you are satisfy with your strategy. It should be taken into account on very first basis when starting business in bitcoins that, you must invest only that you bear as loss. Divide your salary, impart portions to every need and then save some 10-20% for investment in bitcoin or as you want.
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September 21, 2017, 06:33:46 PM
 #176

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?
if I were you, then I would get my salary some 50% percentage for bitcoin and 50% for daily needs
try this
fulfill your need by your salary and then the amount which is left invest it on bitcoin in this way you have more investment,
like some time you use 40% of your salary monthly, then 60% is remain for investment, which also result in pretty good profit.

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bamboylee
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September 21, 2017, 06:46:16 PM
 #177

I split my salary as follows:
70% for trading and bitcoin investments
30% for daily needs

It is either you have a very large salary, you do not have any expenses at all or you are not telling the truth. 30% of my salary is just for food, it cannot even cover for mortgages and bills. 70% is just to much for an investment.
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September 21, 2017, 07:43:46 PM
 #178

If you were dipping into money that close to your headline did you need to not be investing in anything. Never invest any money that you cannot afford to lose. Wait till your ready to join the trading market. Trading a crypto-currency or any sort of investment is not the way to supplement income that is below where you needed to be. If you have a very high salary and a lot money left after the month ends, then you can convert only that extra money into crytocurrecny and start the trading business.

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Hoganye
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September 21, 2017, 07:46:10 PM
 #179

I split my salary as follows:
70% for trading and bitcoin investments
30% for daily needs

It is either you have a very large salary, you do not have any expenses at all or you are not telling the truth. 30% of my salary is just for food, it cannot even cover for mortgages and bills. 70% is just to much for an investment.
70% for an investment is very much, I think you should split to other ways because put all your money in one place always worse than have some backup ways. You do not know the future, therefore if you can prepare before worst situation happens, you still have a way to avoid that.
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September 21, 2017, 08:09:17 PM
 #180

If your salary is big enough to live with 30% ok go ahead
but advice don't make all investments in one thing like bitcoin and crypto
you must divide your investments in more than bag
don't put your all eggs in one basket
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