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Author Topic: Dividing your salary.  (Read 18112 times)
dunfida
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November 29, 2017, 09:31:46 PM
 #581

You can use it according to the needs that they want. If I were I would use 30% for bitcoin stocks, 40% for altcoins and 30% for ICO projects.
But he still need to fulfil his daily needs, I think he can divide his salary into three parts, 33% for fulfil his daily needs, 33% save in bank and 34% invest in bitcoin or other investment, I Think its good to make sure that he will still have money if his investment is fail.

That's right. You can't divide your salary into thee and then spend everything on crypto. If i'm going to do that then i might as well just put the bulk on btc which is now proving to be a lot more profitable.
If you do put all on bitcoin then yes its possible for you to make profits since we can able to see the progress or price increase of bitcoin overtime but come to think that what we would use on the expenses of daily living? You wont able to do such thing on putting all and its really also a risky thing.If we do have salary better to make plans or make systematic allocations that would be decided to put into crypto. Just plan it well if you don't like to regret.

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November 29, 2017, 11:25:03 PM
 #582

Allowing to spend, hold my money, invest it is what decentralization seems like. And soi would go to decentration. Trading is I believe probably the most feasible function in bitcoin as it gives us opportunity to gain profit and save it for future years use. Decentralization enables you to feel that you will have the authority to what to do to your money. Regardless of whether you stand or invest.alz i
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November 29, 2017, 11:26:14 PM
 #583

You can use it according to the needs that they want. If I were I would use 30% for bitcoin stocks, 40% for altcoins and 30% for ICO projects.
But he still need to fulfil his daily needs, I think he can divide his salary into three parts, 33% for fulfil his daily needs, 33% save in bank and 34% invest in bitcoin or other investment, I Think its good to make sure that he will still have money if his investment is fail.

That's right. You can't divide your salary into thee and then spend everything on crypto. If i'm going to do that then i might as well just put the bulk on btc which is now proving to be a lot more profitable.
If you do put all on bitcoin then yes its possible for you to make profits since we can able to see the progress or price increase of bitcoin overtime but come to think that what we would use on the expenses of daily living? You wont able to do such thing on putting all and its really also a risky thing.If we do have salary better to make plans or make systematic allocations that would be decided to put into crypto. Just plan it well if you don't like to regret.

This is not a correct approximation for bitcoin and salary balance. You shouldn't put your whole salary in bitcoin to expect some profit. You always should leave some fiat money from your salary in your bank account.
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November 29, 2017, 11:58:37 PM
 #584

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 can't give you the exact percentage you want because I don't know what is your monthly bill status, first pay all your bills and daily necessary needs then let's proceed to bitcoin investment. For me if I were you I put 20% of my salary monthly in bitcoin just to invest and save. Yes we've reached that now where headed at the moon.

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November 30, 2017, 12:10:09 AM
 #585

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?

That is actually a good idea. I usually do this as well whenever I want to invest on something. I believe that it is safer to divide than to invest on something on full amount, I guess the earning would be high as well, still I consider that move as a gamble. The most safest way that I can think of is maximum of 60% of the salary can go to investment.

I think 60% is too high mate. Its only good for anybody that have very big salary.
If the salary is small then 10% is maximum. Why? Since we need to survive, buy some food for family is number 1.
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November 30, 2017, 12:28:13 AM
 #586

I ve been thinking to add more of my salary to jump here.
it is like a buying time is coming
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December 02, 2017, 06:22:33 PM
 #587

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?

That is actually a good idea. I usually do this as well whenever I want to invest on something. I believe that it is safer to divide than to invest on something on full amount, I guess the earning would be high as well, still I consider that move as a gamble. The most safest way that I can think of is maximum of 60% of the salary can go to investment.

I think 60% is too high mate. Its only good for anybody that have very big salary.
If the salary is small then 10% is maximum. Why? Since we need to survive, buy some food for family is number 1.
No no no, for me, maximum amount for investment is 40% or even 30%, because I need to have money for saving and for my family. You can not live without money, your salary from main job is the primary of income for your family. If you spend ~60% of that amount, how do you have money for saving and family?

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December 02, 2017, 07:56:11 PM
 #588

I would say set aside at least 30% of your salary to invest in stocks and cryptocurrencies. Out of that 30% do 70% in stocks and 30% in Cryptos

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December 02, 2017, 08:16:56 PM
 #589

I've decided to invest 5% of my income into cryptocurrency. I believe it is safe enough to enter the market: if I loose everything that won't be a tragedy, but if the market will grow significally my investments will turn into something substantial. However, this strategy will not bring a huge revenues which might when you bet "all in", but I am convienced, that 99% of those who do "va banque" will loose everything. So that is my way...
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December 02, 2017, 09:29:30 PM
 #590

I ve been thinking to add more of my salary to jump here.
it is like a buying time is coming
My friends are also into crypto and their Christmas bonuses will be into crypto. Nice thinking right? they want to be on an upward trend with the way they live because instead of using those bonuses on something that they might have fun for awhile but the next day they'll back to normal of having some financial crisis so it's better for them to invest and take the risk of buying bitcoin and just hold it.

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December 02, 2017, 10:13:00 PM
 #591

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?

That is actually a good idea. I usually do this as well whenever I want to invest on something. I believe that it is safer to divide than to invest on something on full amount, I guess the earning would be high as well, still I consider that move as a gamble. The most safest way that I can think of is maximum of 60% of the salary can go to investment.

I think 60% is too high mate. Its only good for anybody that have very big salary.
If the salary is small then 10% is maximum. Why? Since we need to survive, buy some food for family is number 1.
No no no, for me, maximum amount for investment is 40% or even 30%, because I need to have money for saving and for my family. You can not live without money, your salary from main job is the primary of income for your family. If you spend ~60% of that amount, how do you have money for saving and family?
The most important is on how comfort you are managing your bankroll .
If you feel your 50% out of your income is your best choice to invest and won't have any big trouble when it comes to daily expense.
I think it could be worth , in the future the return might makes you like have found a fortune!
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December 02, 2017, 10:16:48 PM
 #592

I ve been thinking to add more of my salary to jump here.
it is like a buying time is coming
My friends are also into crypto and their Christmas bonuses will be into crypto. Nice thinking right? they want to be on an upward trend with the way they live because instead of using those bonuses on something that they might have fun for awhile but the next day they'll back to normal of having some financial crisis so it's better for them to invest and take the risk of buying bitcoin and just hold it.

I'm doing this actively. Whenever I get paid as a bonus, I directly invest this into crypto market. I buy something new to expand my portfolio.
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December 02, 2017, 11:33:44 PM
 #593

I recently read about some guy who bought a small amount of Bitcoin using his salary over a long period of time and he ended up with over 20 Bitcoins and now he just cashed them out to buy a house!

Some people were saying it was a dumb decision, but he was considering to take a loan on the house anyways and buy back into BTC.
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December 03, 2017, 12:46:04 AM
 #594

It could be not clever to help keep bitcoin throughout a large battle, because it relies on a practical internet and electricity. You need to definetely attempt to exchange your cash for bodily things like food, smoking and alkohol as you can always trade these things during a large battle. In addition, after the large war is completed one day, nobody knows what the need for virtual coins will be and that i individually tend to say not much!

you have good thoughts about our habits such as alcohol and cigarettes are a great expense and great future purchases in our bodies can hurt us. our curiosity why we do not put in the crypto there is a possibility that your money will grow .. if the vice is the biggest expenses not like food and clothing. it is best to stop vice and just give bitcoin.
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December 03, 2017, 06:14:31 AM
 #595

It could be not clever to help keep bitcoin throughout a large battle, because it relies on a practical internet and electricity. You need to definetely attempt to exchange your cash for bodily things like food, smoking and alkohol as you can always trade these things during a large battle. In addition, after the large war is completed one day, nobody knows what the need for virtual coins will be and that i individually tend to say not much!

you have good thoughts about our habits such as alcohol and cigarettes are a great expense and great future purchases in our bodies can hurt us. our curiosity why we do not put in the crypto there is a possibility that your money will grow .. if the vice is the biggest expenses not like food and clothing. it is best to stop vice and just give bitcoin.
Managing salary is very important, I plan according to my salary, some part for daily needs, then for repayment of loan, emi and then for internet, shopping. And also some part for digital currency like this I divide salary
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December 03, 2017, 07:26:09 AM
 #596

It could be not clever to help keep bitcoin throughout a large battle, because it relies on a practical internet and electricity. You need to definetely attempt to exchange your cash for bodily things like food, smoking and alkohol as you can always trade these things during a large battle. In addition, after the large war is completed one day, nobody knows what the need for virtual coins will be and that i individually tend to say not much!

you have good thoughts about our habits such as alcohol and cigarettes are a great expense and great future purchases in our bodies can hurt us. our curiosity why we do not put in the crypto there is a possibility that your money will grow .. if the vice is the biggest expenses not like food and clothing. it is best to stop vice and just give bitcoin.
Managing salary is very important, I plan according to my salary, some part for daily needs, then for repayment of loan, emi and then for internet, shopping. And also some part for digital currency like this I divide salary

Saving/investing should always be part of your paycheck. I usually save 30% for investing every month after taxes. The 70% are for my bills needs and wants. If there was extra on the 70% it will also go to my savings.
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December 03, 2017, 07:30:12 AM
 #597

Many merchant still don't know about bitcoin, you are the only one who know how much the percentage is should be. Its also depend on how much is your salary. You need to fulfil your daily neccesity, right?. You have to be sure that you have money to buy food.

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December 03, 2017, 08:28:27 AM
 #598

Im not expert in advising when using salary for daily plan and investments but i can give you a little tip in my own opinion.
60% of your salary - Use it for your daily needs like buying foods and etc.
15% of your salary - Use it for your investment like bitcoin or altcoins, Don't put all of your salary into investment because that is too risky just a small amount like 15% it depends on you 15% below.
20% of your salary - Use it for your need like buying Clothes, Shoes and other needs or for entertainment but better to save it for your future.
For me that is the way of plan im using when i get my job salary.
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December 03, 2017, 08:39:32 AM
 #599

Due to the expensive life style and the expenses we have to budget our salary and divide it very carefully to meet our whole month expense without any breakups. I divide for food expense, school fees expense, house rent expense, medical expense, and week end family outing expense after this is anything balance left I will deposit in bank some time medical and family outing not take place that amount I keep it as saving. If additional income it will be more helpful for people like me. That's why I joined bitcoin forum in the dream of one day I will run my family without any budgeting.
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December 04, 2017, 09:32:51 AM
 #600

I can't divide my salary because my needs are very high according to my salary but i can invest all my saving in the bitcoin . my salary is for me and my family needs . my saving is to invest in the bitcoin so that it will double my bitcoin a period of the time. but i can't divide my salary.
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