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Author Topic: i think to store my salary in crypto wallets. it's good or bad decision?  (Read 596 times)
kizumin
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January 06, 2018, 05:40:35 PM
 #41

Very good way to invest your earn money. Not letting it sit with dust and have a chance to earn profit from it.

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Lora_ng15
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January 09, 2018, 04:28:30 PM
 #42

it's the same as giving your salary to the bank at a percentage, but you can withdraw it at any time

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Crytpozer0
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January 09, 2018, 04:32:00 PM
 #43

Hi. I think it's safe to put every month a part of your salary in crypto. Also put a small portion on the bank in case shit hits the roof. So what i do is the part i would deposit to my savings i take put 65% in crypto and about 35% in the bank. Also make sure you alwayse have a plan B!! Dont fully trust 100% on crypto. Gotta have backup fiat!

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January 09, 2018, 04:38:34 PM
 #44

You know better that it's a good decision or Bad.I guess if you doesn't want your salary in present you should invest it.by investing they will increase their cost instead of stand at one point or getting down  Roll Eyes
Ziminator
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January 09, 2018, 04:53:23 PM
 #45

Well, in any case, it's better than keeping extra money under the pillow. Although if the money does not work it makes no sense. Try to invest in a promising currency and increase your savings.

thebitter
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January 10, 2018, 08:46:57 AM
 #46

Never. Cryptocurrency is very volatile and it is very risky to put all your money into cryptocurrency.
The golden rule: Invest what you can lose. Invest some money, learn the game, then this will come a second source of income for you.
francedeni
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January 10, 2018, 08:52:26 AM
 #47

Never. Cryptocurrency is very volatile and it is very risky to put all your money into cryptocurrency.
The golden rule: Invest what you can lose. Invest some money, learn the game, then this will come a second source of income for you.
Not a wise decisions to put all your salary into crypto wallet. Yes it is very volatile also always think of to be safe your money in other investment. It is also good to invest in different worth return of profit.
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January 10, 2018, 08:55:19 AM
 #48

Hi,
i convert to my salary into xrp and it store in ripple wallet every month for (i expect) one year. it is good or bad decision? i think XRP hit $100 in near future

Yeah you sure are in the right direction but never put all your eggs in one basket.  I suggest you invest in other top alt coins

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January 10, 2018, 09:07:30 AM
 #49

Hi,
i convert to my salary into xrp and it store in ripple wallet every month for (i expect) one year. it is good or bad decision? i think XRP hit $100 in near future
You are doing right thing presently it will grow for future and later it might reach $50 to $100. Good luck for your investments.

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Skuylaruy
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January 10, 2018, 09:11:55 AM
 #50

Hi,
i convert to my salary into xrp and it store in ripple wallet every month for (i expect) one year. it is good or bad decision? i think XRP hit $100 in near future


Maybe some but not all specially if it  is your only income...
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January 10, 2018, 09:19:28 AM
 #51

Hi,
i convert to my salary into xrp and it store in ripple wallet every month for (i expect) one year. it is good or bad decision? i think XRP hit $100 in near future
I don't think it's a good decision because the cryptocurrency market is now saturated, so it's likely to fall.

alphaomega.f
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January 10, 2018, 09:34:31 AM
 #52

it's good because you'll somehow earn from it. however, you have to take extra good care of your wallet because there is possibility of it to be hacked and your money will go down the drain.
bamb
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January 10, 2018, 06:38:39 PM
 #53

I will advice that if you are converting your fiat salary in to cryptocurrency, make sure you put your fund in bitcoin and ethereum! Ripple is not a normal cryptocurrency in a sense. Investor could be played out by centralized system of ripple and the scheme could crash!

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Latrix
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January 10, 2018, 06:49:51 PM
 #54

I would save keep some cash in case of rainy days dude. dont put all your eggs in a basket.
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January 10, 2018, 06:53:07 PM
 #55

I would save keep some cash in case of rainy days dude. dont put all your eggs in a basket.
This - very sound advice. Smiley And dont "invest" money you can't loose. Smiley

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January 15, 2018, 01:44:36 PM
 #56

Hi,
i convert to my salary into xrp and it store in ripple wallet every month for (i expect) one year. it is good or bad decision? i think XRP hit $100 in near future

I think that all my salary to be stored in one cell is too dangerous. It is necessary first of all to allocate some part for own needs, and the rest to distribute in different baskets
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January 15, 2018, 01:46:01 PM
 #57

I think its good as mostly the cryptocurrencies grow well overtime but just holding xrp can be risking, i would suggest you to diversify in btc, ltc, eth atleast.

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January 15, 2018, 02:08:48 PM
 #58

congratulations you just lost more than half of your salary because the coin you chose (ripple) got dumped hard ever since you started this topic and the drop was big as it always is.

if you ever had the time, check out the history of the coin you want to invest in and you will see there that the price movement is not healthy at all. it is a clear example of pure pump and dump.

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Trixie28
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January 15, 2018, 02:14:16 PM
 #59

I think not of all your sallary will put on a crypto wallets.We can predict if youre money will be succesful or not because value can be pump or dump
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January 15, 2018, 02:23:23 PM
 #60

congratulations you just lost more than half of your salary because the coin you chose (ripple) got dumped hard ever since you started this topic and the drop was big as it always is.

if you ever had the time, check out the history of the coin you want to invest in and you will see there that the price movement is not healthy at all. it is a clear example of pure pump and dump.

that's so bad for the op.
even though he is not investing in XRP, i believe he should not go all-in to crypto with his salary (assuming it is the only source of living for him).

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