Quote from: shade_wrath on August 08, 2017, 12:29:08 AM

Quote from: tljenson on August 08, 2017, 12:15:23 AM

I want to get a feel for how you guys feel about this project. I'm trying to decide on how much to invest on this. I'm going to base it on a relative scale because we all have different jobs and income. I'm going to use disposable income and then one where you go further than that. Your welcome to put it into your own words.

A. Go a whole month where you live frugally live on a super tight budget no movies or going out to eat.

B. A balanced in between where you cut back about half of what you usually spend in a month.

C. Take out a loan or sell off some assets you have.

Right now, I'm stuck between choice A. and B. If you think there should be a D or E selection please offer it up. This is all subjective depending on what you value.

First rule of investment, never invest what you afford to lose. If you planning to then by means make sure you have your necessary/emergency funds safe. Then funds required for your bill payments. If any left then set it aside for your routine expenses and the last part should go to investment in crypto if there is anything left.
You can cut down on your "unnecessary expenses" but dont try to live on super tight budget as when crypto fluctuate you will feel more heat and stress!

Good advice, can't be feeling stressed all the time, I have no plans on becoming an alcoholic.