Hello bitcoiniars I am working in a private liability company and I want to receive my salary in Bitcoin which is around $1500 monthly my main aim is to use it as an investment now my confusion is how do I service with paying off bills I have a few hours a day to myself which I can use for another side hustles. Please, what do you advise I do in other to hold at least 80% of my salary in bitcoin?
You cant use BTC as a primary currency unless your country legalized BTC, so receiving BTC instead of a legal currency is possible but I dont really know the situation of cryptocurrency in your country so I can really tell. Anyways,investing in BTC isn't really a bad thing but you should have saved only a small percentage of your salary for investment in cryptocurrency so I think 80% allocation of your salary would be in BTC is a bit too much. How about having an emergency fund? just in case something bad happened and you need urgent money then your funds for BTC won't be affected.