I am in Cambodia with a monthly salary of $1,200. I don�t want to send all the money back home, so I�m thinking of buying $400+ worth of Bitcoin each month. Please, I kindly ask not to make any negative comments. I would be very grateful if experienced people in the Bitcoin space could give me some advice.
Not giving all your income to home/to your family is perfectly fine because you have to manage your own future, and I'm sure if you're successful, your family will also enjoy it.
I just want to save something for my future, because I�ve seen that if you give everything to your family, sometimes it can lead to problems later. I am looking for guidance from experienced folks.
By allocating 1/3 of your income, you've already calculated that 2/3 is enough to cover all your living expenses and those of your family, including reserves and savings.
You can't invest without having reserves fund and savings. Investing is for the long term, so having reserves and savings will protect your investments from being sold prematurely and at a loss.