fabuloveu
Member
 Offline
Activity: 462
Merit: 10
Bcnex - The Ultimate Blockchain Trading Platform
|
 |
January 21, 2018, 10:08:01 AM |
|
I like to know how you survive when you put all your monthly salary on xrp only. Firstly investing only on xrp is not a wise investment, you maybe lucky anyway. Secondly how do you survive when you invest all salary on cryptocurrency, or maybe you are not yet a family person. My advice is that you need to hodl some fiat for contigency reasons. Remember this crypto world is still too very young, anything can happen. As for me, I pay myself monthly salary from my investment in crypto to create another physical investment( business). That is the way I moved.
|
|
|
|
|
|
|
|
|
|
|
|
|
If you want to be a moderator, report many posts with accuracy. You will be noticed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
jk9694
|
|
January 21, 2018, 10:09:32 AM |
|
Your decision is very controversial. If everything collapses, your work at work will be depreciated, I think you are very upset
|
|
|
|
|
Dedok
Member
Offline
Activity: 196
Merit: 12
|
|
January 21, 2018, 10:53:15 AM |
|
Perhaps XRP will actually rise to $ 100. Then you will become a millionaire (probably). But while it is hard to believe. I think it will grow, and it will cost around $ 30 by the end of 2018.
|
|
|
|
|
JLCoin
Member
Offline
Activity: 116
Merit: 10
|
|
January 21, 2018, 11:11:21 AM |
|
Bad decision. Aside from the volatility of cryptocurrencies, I have heard many stories of people's wallets getting hacked. If you're planning on doing that, then at least get a hardware wallet, and change your eth address and password every so often to help prevent you getting hacked.
|
|
|
|
|
|
xumit
|
|
January 21, 2018, 11:18:14 AM |
|
Yes, it is a good idea,you can make a profit for long term
|
|
|
|
|
cryptoprophecy
Member
Offline
Activity: 145
Merit: 10
|
|
January 21, 2018, 11:58:58 AM |
|
Bad decision to put your salary into XRP,theres a lot of better alts than this centralized XRP,try to search NEO,ADA,and ETHEREUM these are the most solid coins in the market,just put it in hardwallets to your holdings are secured.
|
|
|
|
Tapyaks72
Member
Offline
Activity: 490
Merit: 28
|
|
January 21, 2018, 12:44:31 PM |
|
I like to know how you survive when you put all your monthly salary on xrp only. Firstly investing only on xrp is not a wise investment, you maybe lucky anyway. Secondly how do you survive when you invest all salary on cryptocurrency, or maybe you are not yet a family person. My advice is that you need to hodl some fiat for contigency reasons. Remember this crypto world is still too very young, anything can happen. As for me, I pay myself monthly salary from my investment in crypto to create another physical investment( business). That is the way I moved.
Being a business minded is a good virtue because people like would probably be a successful because aside from being business minded you show also that you are a risk taker. at your young age you also imply and learn financial management you should divide your income according to needs because you should also set aside some of your salary to your daily needs, it is a good idea to invest to a currency because crypto currency has a good future but you should also left some for bad eventuality that may arise because this is always risk involved. |
|
|
|
|
WalkerIVIV
|
|
January 21, 2018, 01:27:30 PM |
|
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
it can be useful if you are investing or put your salary in the correct form just like major crypto but the risk can't be avoided. Sometimes you will see your amount will drop drastically causd by big bearish of crypto. That's why if you are wanna storing your salary in the crypto should be considered as big risk decision. It's bad. |
|
|
|
|
mpufatzis
|
|
January 23, 2018, 06:09:03 AM |
|
If you can pay your rent with cryptos and your bills and generally your living, I think it is an excellent idea.
If not, there is a problem, because you have to make many transactions fiat to cryptos and vice versa.
I think that the best option would be to invest a small percentage of your salary to cryptos and wait until the day everyone is going to use cryptos.
I am not sure if this day is near, but I am very optimistic.
|
|
|
|
|
|
Jonsnowstark
|
|
January 23, 2018, 06:19:43 AM |
|
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
That is a good idea but make sure you have enough to finance your daily needs. You really don't have to put it all.in, you have to leave some coz you might need fiat to buy some necessities. In crypto, we don't always get our gains the minute we want to. Sometimes it takes a little more time and sometimes none at all. So what you put in must be something you are willing to lose. |
|
|
|
|
posi
|
|
January 23, 2018, 07:04:32 AM |
|
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
Ripple is a good coin but all crypto currency are volatility in nature which mean you can either gain or loose. If I were you I will split the money into 4 invest one in XRP, one in ETH, BCH and keep the rest because the act of plunge is not good when investing into crypto. |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
Malaya
|
|
January 23, 2018, 08:42:33 AM |
|
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 have thought the same too before. However, when you do it you should also consider the risky side of it. Meaning, the value of the specific crypto you want to put your money to is not that really big and it can depreciate the value of your money. However, it could be also a good way to make a valuable asset to earn over time. To be safer on it, do not put all your salary in your crypto wallet. |
|
|
|
triciaa478
Member
Offline
Activity: 350
Merit: 10
|
|
January 23, 2018, 08:59:31 AM |
|
It is good decision to store your salary in crytpo wallet but I dont think is to be all of your salary. Only part of your salary which is meant for savings should be on a crypto wallet and the rest for unforseen event and daily transactions be kept as fiat.
|
|
|
|
|
|
fanbeila
|
|
January 23, 2018, 09:36:04 AM |
|
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
Thats the worst decision you will ever made,you can try other alts but not XRP it is controlled by the bankers,this coin will destroy our cryptocommunity. Absolutely.Ripple is a centralized coin controlled by the bankers.So,its not trustworthy.Instead,you could try bitcoin or any other potential altcoin. But instead of saving your whole salary,you could save to 60% in crypto coins.Such a decision could be taken only by those people who know the potential of bitcoin. |
|
|
|
|
Singwala
|
|
January 23, 2018, 09:49:52 AM |
|
Wisely, you think, well if you have preserved money for your future. But you should think carefully about what you will do because of the risks involved. You should know that you will buy altcoins and you know every news about it. Before you invest in you learn about the things you should avoid. For your entry into this field you will know what to do
|
|
|
|
semarmesem195
Member
Offline
Activity: 294
Merit: 10
|
|
January 23, 2018, 02:52:03 PM |
|
I think you are too obsessed into crypto if you put all your salary every month to crtypto. Especially if you have a family then you are a bad husband or parent, because you do not think of your family. The thing you should do is divide your salary for crypto and family finances. That way you have an asset in crypto and no need to fear financial problems in your family.
|
|
|
|
|
mia khalifa
|
|
January 23, 2018, 04:02:44 PM |
|
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
Saving your salary in kriptocurrency like bitcoin or other is very good because with you save there you can get profit when the price goes up and you are not charged admin fee every month, so you have to save your money like that in order to get a lot of profit Currently you save it in ripple is great because it has excellent developers and teams that fit their technology development plan. |
|
|
|
|
AravinthP
Jr. Member
Offline
Activity: 154
Merit: 1
The Next Generation Distributed Smart Network
|
|
January 23, 2018, 04:09:20 PM |
|
BAD DECISION ANY GIVEN POINT OF TIME. Any investment with this risk potential as crypto should have only throw away cash as investment
|
UCHAIN
The Next Generation Distributed Smart Network: Blockchain for the Sharing Economy
https://uchain.world/ |
|
|
yummy23
Newbie
Offline
Activity: 56
Merit: 0
|
|
January 24, 2018, 04:24:52 AM |
|
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
save a little or maybe half of your salary to xrp |
|
|
|
|
|
Freezingel
|
|
January 24, 2018, 04:29:56 AM |
|
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
No, ripple won't get to 100 as the marketcap will be insanely huge, please learn some basic first before investing so you understand what is possible to happen and what's not. Investing some of your salary into crypto is fine but please at least do some research before buying something so you won't be angry if you lose it. |
|
|
|
|
