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fullhdpixel
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December 25, 2017, 06:49:11 AM |
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they say spent after you save not save after you spent , this is a wise way to save money , i divide my salary wisely so in the end ill have something to get if i need something to buy or whatsoever , i save some of my money even it is not that much but if i will sum it in the end it will become a huge enough that is the essence of saving .
It's hard to follow that rule if you are not earning enough, I have tried that many times but I was not able to follow it consistently. I am not really good in saving money because before my salary was not even enough to pay my debt, good thing I found bitcoin, it gives me a chance to increase my income, right now I have already fulfill my plan on saving money because I am profitable with my investment in crypto and I have regular income in trading. Even if you are not getting the enough coins, but still you can earn the same way according to your investment. If you had one bitcoin a year ago and you earned 10,000 usd on that, the now you can earn the same amount of profit from 0.25 units of bitcoin in the same time period (May be early). So its not you who is loosing, it’s the system which is getting stronger and stronger day by day for ultimate strongest coin. |
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swordling143
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December 25, 2017, 08:43:59 AM |
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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 this is a pretty good and smart strategy for a anyone, so he or she can be able to manage his or her money and investments well. Also, the fact that it allows a person to filter the unnecessay expenses is good. I would probably say that the good division is 40% for investment and 60% for expenses like food, bills, etc. |
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ausbit
Legendary
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Activity: 1330
Merit: 1019
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December 27, 2017, 06:08:34 AM |
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I wikl suggest you invest something that will enable you some sane thought. You do not need to have msleepless night all because all your money is bitcoin! Invest something that will not make you check price of bitcoin everyday but decent enough for you to do on regular basis!
I think it is mainly connected with the amount of salary you getting each month, if you are getting reasonable amount of money each month then you may be able to think about trading with the money left as a saving after your needs as you can start with a friction of bitcoin and can proceed further in the market as after some experience you can get profit from your savings each month on regularly basis to enhance your income. |
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Pedro18
Member
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Activity: 224
Merit: 11
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December 27, 2017, 06:10:07 AM |
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I'd say up to 5% if you can do it. Take care of all your needs first, or else you'll end up having to sell and it may not be at the price you want. I'd get into a retirement plan too, if you can. Crypto is way more risky and bitcoin is at its all time high. You say we're heading for the moon, but we may already be there.
Agree on this, you should not put all in one basket, you need to diversify. Also you should also priority your real life. And learn to buy bitcoin when on dips. So that you have money in the future to make your life comfortable. |
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coinSpecter32
Newbie
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Activity: 72
Merit: 0
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December 27, 2017, 10:09:41 AM |
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Depending on your salary I think you should first take care of your needs. And the rest you should invest. Lets say your needs is about 40% of your salary then the 60% should go to your investment.
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WatchMaker
Full Member
Offline
Activity: 518
Merit: 104
PUFFY FINANCE
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December 27, 2017, 03:33:20 PM |
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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 I will be doing 50/50 with my salary. Invest the first 50% into bitcoin and spend the rest of 50% for my needs. |
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budz0425
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December 27, 2017, 03:37:05 PM |
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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 I will be doing 50/50 with my salary. Invest the first 50% into bitcoin and spend the rest of 50% for my needs. Here in our country due to high cost of living and low salary we can't do the 50% investing and 50% for our needs, but what we can do is just at least 10-20% of our salary should be at least save it either here in trading or in any altcoins that you would love, or save if for the future of your kids whatever you want to be. |
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amih
Member
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Activity: 308
Merit: 17
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December 27, 2017, 03:38:24 PM |
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Of course all you have to do is keep prioritizing your life needs and the rest you can to invest in bitcoin.
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Kalu1
Newbie
Offline
Activity: 44
Merit: 0
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January 12, 2018, 04:01:58 PM |
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You can divide your salary into 70% and 30% respectively and invest 30% into cryptocurrency.
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JC btc
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January 12, 2018, 04:04:51 PM |
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You can divide your salary into 70% and 30% respectively and invest 30% into cryptocurrency.
Yes we can always do it for as long as we want to make investment right? So far, I don't have high salary so I don't have a choice but just to depend on he signature campaigns and with my salary in the campaign I am withdrawing half and saving the other half, at least I do have investment even a little bit. |
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A Fahriz Thiago
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January 12, 2018, 07:01:21 PM |
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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 if you want to invest your salary in bitcoin, it's better to half your salary alone, because bitcoin is an investment for the long term. Do not make the whole of your salary invested |
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ramzhies
Newbie
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Activity: 126
Merit: 0
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January 12, 2018, 07:58:54 PM |
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wont do it..
i would make sure there would be for savings first rather than investing directly on crypto
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cybersofts
Copper Member
Sr. Member
Offline
Activity: 658
Merit: 284
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January 13, 2018, 03:25:56 AM |
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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?
Making investment in cryptocurrency these days is very crucial. Therefore, if you can divide your salary by two that would be very good for you in the future. You should invest the first half in cryptocurrency and spend the half for you basic needs. When you spend your money you lose it forever but if you invest you plant it. |
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jinx029
Member
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Activity: 126
Merit: 10
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January 13, 2018, 04:20:35 AM |
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This is what every employee should always do. They need to divide their salary in order to budget their money very well because if you don't have any budget plan then you are going to be broke for the rest of the month because you don't have a directory on where is your money should go. So learn to diversify and divide your salary or money.
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GangNamSK
Member
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Activity: 280
Merit: 10
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January 13, 2018, 04:33:59 AM |
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I use 60% of my income for reinvestment, the remaining 40% I spend on living expenses. I think it is reasonable for me to live well and still be able to invest in this market. In the future I will focus on ICO projects as it is trending now, 2018 will be the year of the good ICO.
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Nariza
Member
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Activity: 246
Merit: 10
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January 13, 2018, 05:14:25 AM |
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For me, If you want to invest 10-15% of your income goes to investment because give more percentage on your priorities in life. Invest your money is very risky specially if you don't have a lot of money.
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ramzhies
Newbie
Offline
Activity: 126
Merit: 0
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January 13, 2018, 07:51:47 AM |
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what I do.. the profit in crypto, I put in actual investment like insurance and mutual funds..business
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Kambal2000
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January 13, 2018, 02:40:51 PM |
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what I do.. the profit in crypto, I put in actual investment like insurance and mutual funds..business
A good decision, it is nice that you actually do it, what I am doing as well is putting some of it to my bank account and some hold it and some for my daily expenses in school and helping my siblings as well with their allowances so we can all go together and finish schooling, that is what I am usually doing and thanks to bitcoin. |
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Manchumichael
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January 13, 2018, 03:45:41 PM |
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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?
Making investment in cryptocurrency these days is very crucial. Therefore, if you can divide your salary by two that would be very good for you in the future. You should invest the first half in cryptocurrency and spend the half for you basic needs. When you spend your money you lose it forever but if you invest you plant it. Investing half of our salary in cryptocurrency is a risk. if you can manage your family by taking your half salary, then it is ok, but my opinion is how much you can afford that money is ok to invest. After dividing everything keep some fiat money in the bank for urgent use. Remaining you can invest I will do like this. I don't want to put my family at risk. |
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Aprodite
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January 13, 2018, 03:57:44 PM |
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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?
Try to invest a portion or a quarter of your salary. because no one knows the bitcoin price in the next day. Bitcoin prices can go up anytime and down at any time. |
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