i think to store my salary in crypto wallets. it's good or bad decision?

[yamortsac]

Well if you did your research or study about that coins before placing all your money in crypto wallet and you think that coin is worth it then it is a good decision because you know you will earn a huge profit from that. But if you just chose it without any knowledge about it then it is a bad decision. Placing your money in an investment is very risky so you just invest the amount that you can afford to lose and leave a portion for your needs.

[LuckySarah]

Not all of your salary, put in crypto curremncy only that sum of money that you can allow yourself to loose. Don't turn crypto currency into financial pyramid and never do something like selling a car or a flat to buy Bitcoin. That's nuts.

[illecebra]

never use money that you can not afford to lose to invest
actually that is an old advise that I hear a lot from this forum
salary must use to what it must to do
if your basic need already well funded, than use the rest to invest

that is my opinion

[xenomorphe1]

That's very risky. Good or bad, i don't know. It could be bad for you if you need the money and XRP price decreased, but also good if XRP price increased. Everyone is responsible of his action. It is gambling...

[ccsang]

Please don't do that , crypto is high risk invesment , just invest your extra money in crypto , But you think it'll hit 1XRP = $100 in the future , are you seriously ?

[altcoinhunter01]

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

It is very good idea to keep your salary into growing crypto currency. But Crypto is very good for investment as highly growing asset. Daily needs can not be fullfill with Crypto similar as fiat currency.

[panjay]

Did you ask for financial advice?  You will still do it regarding anyone said here according to your bias.

[Jesabela04]

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

Well, honestly that's a quite risky but still a great idea. Holding your salary would be an effective idea for you'll get a high profit from it. However, you must still keep some cash for you to be able to survive until your next salary. Be sure to keep something for your daily expences.

[mark1220]

If you think your money you saved will increase through the time yes its a good decision but if your money stay and not increasing its the time to change your decision. or invest it in other currency

[altcoin999]

your sallary into XRP
this post made in jan,6
so i think your sallary should be down in current rate

just use free money, i hope you dont have problem with holding your moeny until the price bounce back

[skan]

not all your salary as many others have mentioned, but maybe like 10-30% should be fine because you will need money daily as well. xrp is a good choice but maybe not smart to only put it into it by itself. should spread atleast 2-5% in some others as well in case xrp does not reach that goal.

[KingBT]

for me it sounds great. I also want to keep my salary in crypto wallets. In a few years I will become rich

[paulus51]

The idea of accumulations in the form of kriptavalyut is good. But the portfolio is better to diversify. For example between Bitcoin, ETH and other alternative currencies. One third of the share.

[CryptRoller]

It all boils down to the question: are you prepared to lose it all?
If you don't need it, and you are willing to lose it (worst case scenario), then jump right in (after you do some research of course...)

[Kingofbitcoin12345]

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

Eventhough xrp or any coin has a great future,, doing such investments in only one particular cryptocurrency is a bad idea.. We should not depend our future on just one but a divided great project with small capital and also have the same or better instance to progress like TIO and LOC.. I can’t advice more about your hard earned salary,, on how you must spent it but do it right or regret in the end..

[dumbtool45]

You can not keep all your money in one place (it's a crypto currency). In terms of hedging financial risks, this is unacceptable.

[Rexxxem]

You can not keep all your money in one place (it's a crypto currency). In terms of hedging financial risks, this is unacceptable.

I think that you did not understand the essence of the matter. We are talking about savings in the form of a crypto currency. Not necessarily it should be in one purse. In my opinion - the author's decision is correct. Surely the forum thinks so most of the participants

[invincible49]

Only invest what you can afford to lose. Yours would be a very smart move if you put a portion of your salary into your cryptocurrency wallet not all of them. But I'd suggest you to add different coins to your portfolio and a big percentages of these should be Bitcoin. Bitcoin is proven and the future of it makes it reliable whereas others altcoins like xrp could be worth a good amount in a couple of years.

[Acguy]

Be ready to lose everything or be really rich, but honestly you should just use money that won't make a difference in your life.

[MostafaGamal]

This is a reflection of advantages and disadvantages, because it is possible when you need money, the price will be low. What will you do? , But in the long run it can be useful