What's a suitable amount of money to have in accessible

there was a thread not long ago here about this topic. Try to think about a situation where you will
be in to need that money and decide if you will invest more in crypto

>>2196115

£4k is what I keep accessible too - any emergency more than £4k is going to be something too serious to focus on gains.

>>2196115
it depends on your net worth and where you live, but here's what I'm doing in euro-land:

>50% in EFTs or index funds
>30% in private pension fund
>10% in bank account
>10% for high risk/high reward investment (e.g. crypto currencies)

also, ~25% of my income goes to my government insurance and pension plan automatically.

>>2196115
My rule:

Minimum of two weeks of income in my checking at all times.
One month of income in a savings account for emergencies (car repairs, bail, etc).
Two months income in another savings (to hedge against job loss or other catastrophe).

So my liquid accounts always have a minimum of about 105 days' worth of earnings.

>>2196214
>>2196330
I guess I should also add that I set aside 450 a month to max my IRA benefit, 4% of my paycheck to max my 401k match, and set aside another 100-250 for my brokerage, which is mostly equities.

I've also started putting $25 a week into crypto, as of last week.

>>2196214
>also, ~25% of my income goes to my government insurance and pension plan automatically.
Sounds like a great investment.

>>2196369
it's not like you have a choice here. these things are mandatory in socialist Europe.

>>2196115
This may not be smart but
>2000$ in btc, eth and xrp
>700$ in cash
>~400$ in my piggy bank
>~300$ in gold assets

The bonus is that i am living in east eu and it's all cheap here

>>2196382
Can confirm 23% of your salary income gets mandatory for pension and insurance

>>2196402
>60% of your assets in extremely volatile investments
>this may not be smart

I think you're underestimating how fucking retarded this is.

>>2196402
that's extremely stupid

especially right now when bitcoin looks like it's on the brink of collapse

>>2196409
>>2196425
shit no coiners say :)

>>2196456
>no coiners
>implying

>>2196456
retard. I day trade full time.

>>2196407
In some countries you even pay mandatory government health insurance if you make / have zero money. Not kidding, Hungary is like that for example.

Hey anon where did you buy your cryptos? I'm in the UK