Quote from: botany on December 20, 2014, 03:50:41 AM

Quote from: picolo on December 19, 2014, 05:06:09 AM

Quote from: botany on December 17, 2014, 07:03:10 AM

Quote from: LordSonjai on December 16, 2014, 12:38:49 AM

brave enough or suicidal?
You never invest all your money into one category that is rule number 0 it goes without being said.

Bitcoin would never form more than 1% of your portfolio, if you took investment advice.
However, every one of us has a gambling streak within.

If your live savings are 500$ and you pour 100$ in Bitcoin it's not a huge risk if you don't desperately need the 100$ and you can work for 5$ or more an hour.

That is true. I was talking about the percentage you would invest in Bitcoin continuously, as you earn.
I guess you would be comfortable investing 1% whether you earn $10K or $100K.
Some people would have higher risk appetite and higher thresholds.

If you earn 1000$/month and you are able to save 50$/month but expect higher wages in the future, buying 50$ worth of Bitcoin every month doesn't seem that risky.

It's only 50$ and you are likely to earn more in the future so you will be able to save on other commodities.