Bitcoin Forum

money i can afford to lose is so small for me that if it will be 100xed then also I will make profit very small
what is the meaning of this  "invest only what you can afford to lose" ?,

--you also invested this much small part of your savings(not talking about wealth) in bitcoin?, I don't think many of you invested money that can not impact your life if all gone.

--and also please share some very rock solid points that investing in bitcoin is profitable, and non losable in long term, we don't know if other satoshi came out in 1-2-3 years later(just an less probability thought)

--also tell about my english(feedback kind of) when i read my sentences, i feel this is very bad english.

---

imagine you eat fast food that costs 20units of currency. or you can make your own food at home for 5 units of currency

knowing your able to happily spend 20units on a luxury which just becomes a toilet flush/bowel movement tomorrow. means that you have wasted 15 units of currency.. and not cared about it

if you save up those 15 units of spare currency per time (you would usually want to waste it and not care). and instead invested it. you are then able to invest with money you are not afraid to lose

so think about all things you normally waste money on. fast food, vacations, entertainment. things that do not last beyond the time you consume/enjoy it. things you wont see again.

save that money by not spending on such temporary things and instead invest it

.. its not the best english but it is understandable. that is what is so great about english there are so many dialects

I found it hard to understand your content sometimes. But if I understand it right this time, you are talking about the risk involved in investment and why we should invest what we can only afford to lose. Investing in Bitcoin or any other crypto has always been like wagering in a casino.

You are only advised to wager what you can afford to lose. Since profit is not always guaranteed in all Bitcoin purchases, we are advised to invest only what we can afford to lose, even though most of us don't take that advice seriously. To me, I don't invest based on what I can afford to lose; I invest based on what I am willing to hold onto for a long time without the need for that fund. No amount is considered useless to me, and no amount is considered what I want to lose.

Your English is kind of bad, but not to the extent that one can't understand it. It's just something you can work on yourself; sometimes you can give yourself a little self-tutoring, even if it means pre-reading your content over and over again before posting. I believe you can, on your own, figure out a few of your errors. I'm also constantly working on my own English to make it fit me best. 

but, i am a excellent saver(when no money in pocket then need to be a excellent saver), not waste money on entertainment, fast food, not have home to invest in for maintenance, not gone on any trips from my childhood,

also answer this question

Invest with the amount of money that you can afford to lose only means that what you want to invest on is highly volatile. That helps you to know how risky it is in what you want to invest on.

If you invest big and you make huge amount of money, that is your luck. Or you invest hugely in it and you lose, that is it. But you know already that you are dealing with a risky asset.

You should know how risky what you want to invest in is, research about the asset to know if that statement is entirely true or not, some investment are not that risky, while some are very risky.

Like bitcoin, when the price decreased so significantly, you know you have more precentage in success rate, unlike when the price is high.

About altcoins, you know how gambling they are.

Simply means that you invest money that won't harm you later, so it could be extra money in your pocket that if you spend, you still have some that you can get out of your pocket and you can eat 3x a days.

And so it's process, and really vary from individual to individual, maybe some of us can invest $100-$1000 without any issues with them.

But there could be investors that will start small and then later as they mature and learn more, grow their investments. Just remember though that investing involves risk no matter what.

It depends on one's ability.There are many people who have invested money but even if all the money is gone, it cannot affect their life. Again, there are those who lose a little money but it affects their life a lot.We are advised to invest only what we can afford to lose. Because it would be foolish to invest all the money in order to earn extra profit.Most people invest all their money in cryptocurrencies when they see that they are getting more from a small investment.Later it can be seen that due to excessive greed, he loses all his money and becomes poor. As cryptocurrency makes people very rich as well as poor, we face loss due to not following the basic rules.

I would not describe bitcoin investments as the same as gambling in a casino. Ever heard the phrase “the house always win”? Casinos are designed in such a manner that the owners are always in profit even when you think you’re winning. Biycoin is decentralized so there is no owner or one body controlling the system, the same can’t be said for altcoins. One may describe buying altcoins as gambling because the risks are too great and historically there is a tendency of altcoins project to exit the market early.

We can agree with the idea that there is never a lot of money. People will always have desires where money can be spent, and of course, no one likes to lose money. But you must understand that investing in bitcoin has always been a risky business. No one will tell you the exact date of growth or fall so that you can withdraw on time without causing yourself a hassle.
On the other hand, the experience of investing in Bitcoin for a long period shows that people with patience make good profits. And of course, if we talk about friendly advice, then I would not advise investing at a time when people live paycheck to paycheck, literally saving on everything in order to save in bitcoin.
Today, not everyone can invest large amounts, so it can be assumed that in the event of a price increase, only those people who have held for a long time and invested a decent amount will receive a big win.
Therefore, the money that you are ready to lose is the money that you can forget about for a few years. If you are ready for this, then maybe one day you will be a winner.

Maybe you can go more practical to help you decide how much money you can invest in Bitcon or other investments. Asking questions such as how much are your monthly bills, have you planned for emergency funds (you get sick, your family suddenly is dying, etc), how much do you make each month, and if you suddenly lost your job for how long can you survive without using your emergency funds, etc. Let's say you make $500/month, has $5000 in your saving account, and your monthly bill is around $300 (food, rent, etc), so you have around $200 free money per month but you have no emergency funds. I'd say that spending $100 per month to buy Bitcoin is one of the alternatives you can do while you save the rest for emergency funds, at least for the first few months or so. This is just a rough approach though, you can also apply traditional finance rules for saving if you want to look for an alternative, such as the 50:30:20 rule.

You can check out Bitcoin price history and the economic history of the world in general. We just have two or more bank run cases in this month so you can see how risky it is to store all of your wealth on fiat, especially if you're not one of the big players on the market. You should probably read more about Bitcoin before you ask somebody to encourage you to invest in Bitcoin. This will help you make a better decision and not blindly follow whatever the other parties tell you to do.

If you chase for such 100x investment, the more cycles (repetitions) you do it, the more loses you will get from your risk-chasing game.

I don't recommend anyone to do this in this market especially if you are newbies. It is risk-chasing game so you should never spend more than 1% of your capital for that game.

How much is it will depends on your total capital. If your total capital is $1000, you should use $10 for that 100x risk-chasing game. Focus on investment in Bitcoin and try to stay away from 100x, 200x altcoin games.

Thanks for the correction. The word "gambling" is what I intend to refer to investment as, not "casino," though I don't usually see a difference between gambling and casino. 
That's the word I use to describe any investment I want to make, so that I will make up my mind that either I win in profit or I lose the investment capital, which can later be regained. 
The only difference between buying Bitcoin and gambling to me is that if one doesn't sell, there is always a chance of gaining it back in the future, no matter how long. 

With regards about your question OP, that depends on how much can you afford to lose because we have a different lives with different situations. My advice is that don't mind those people who that are investing as much as 100x from what you can afford because investing is not a race, just like what I've said, they've got a different situation that's why they can afford to lose a much larger amount but that doesn't mean that their investments are much more important compared to yours. Remember, a win is a win and a lose is a lose, no matter how big or small that investments are.

Why this had always been said is for people to have mind on what they are taking to be risk no matter how small or big it is, this will help in case of unforeseen circumstances whereby loosing becomes an inevitabe thing to do with, as according to your capacity of investment so is the risk involved either you invested alot or not, but considering bitcoin for investment, you're likely not to loose your entire investment but only part of it due to volatility but some people will not still accept that, and this makes other cryptocurrencies to have more risk taking because you can loose your entire investment while dealing with them, ut wjen you are aware it's an amount you could afford to loose should be invested, then its like gamble whereby there's no certainly of winning or loosing but you're taking the risk to win.

I will take the money tittle has your question since I failed to get grasped of much of your English. Invest much you can lose, simply means an amount in which when everything goes down ( it is definitely hard for bitcoin to go down totally) it won’t bring you down totally with it financially. Then how much should we consider. Let’s say you are considering saving 50% of your income and you’re willing to save some in bitcoin then don’t put everything into bitcoin but rather have it split into 2 (25%) apiece and the take this 25% into bitcoin investments should the market be in bearish period and you’re in need of fund then you could look towards that other non bitcoin investment and this saves you the hassle of selling at a loss

I would say around 10% of your income

There is no specific amount on the saying "invest what you can afford to lose" It depends on the person. What the quotation wants to say is you should know the other possibility which is losing in risking your money in trading or investing. If that time comes, you may feel bad but you wont get to the point where you wanna end your life because of what happen. Its also like you prepared yourself already on all possible outcome that may happen. Either good or bad. Manage your money well if you dont want to get broke in the future.

I think the words are true if we describe it investing should use cold money, where we are not afraid to lose, so that this will make our psychology calmer to hold it in the long term, if so then we have the opportunity to meet a bullish season and we take advantage. by investing, it means we are taking risks, so it's not just the profits that we count, I think by investing in bitcoin, we will accept the risk of waiting in the long term where no one knows when the bullish season will come

I suppose the answer is not a monetary figure but rather a percentage of the total wealth for each individual, based on their financial circumstances and lifestyle. Budgeting is an important skills to have to find the right answer for yourself. My idea would be to go into creating a budget with the idea that the money you invest is locked away for in excess of two years before you start seeing any sort of gain. With this strategy for Bitcoin, I believe it would be a matter of when you gain on your investment rather than if you will lose. If you are going into your investment with a short term mindset then it's more of a gamble than an investment which the question of "how much can I afford to lose" becomes more applicable.

I can afford to lose 90% of my total money to invest in Bitcoin, because I see the bright future rather than I hold it on other assets or fiat currency where the value will decrease over times. I know my decision looks like I don't prepare any risk management when Bitcoin price declining, but since I still can live with 10% of my total money and it's can fulfill my daily spending, I think my decision isn't really wrong.

I agree, despite the fact that they invested almost all of their savings they can still survive and live normally where they won't reach shortage of money. Let's say that two different person have the same income, but they spend money differently where the one is practical and budget his money while the other one spend too much money on nonsense things which is not necessary. Do you think they can invest also the same? Of course not, the person who spend a lot might say that "he lack money for investment because his income is not enough" which is true since he don't have enough balance to invest. It's not only on the assets but also the techniques. You can afford to lose money if you think you can budget your money in a long period of time.


Investing all your is not a good move, imagine everyday you have to survive without having extra budget for your expenses and needs. It depends on people how they handle to invest while budgeting their money so in the next few years they will gain huge profits. Even gaining a small profit is a big thing for people to earn in starting a small investment. We all start from small before having a huge investment. A wise decision in money could also make you rich but it's true that being greedy could loss your assets.

Your points here is not full stated but people do choice investment irrespective of the amount involved, when we said invest what you can bear the loss does incline losing bitcoin wallets or  values rate.  Some people cannot withstood seeing their money going down beyond what they expect. This can cause heart attack, heart palpitation and even lose of memory because you can not understand the background patients of bitcoin over time.

We encourage people to use spare money you can easily let go until the price is ready to come back. They understand the money is not totally loss but they lack that patients to wait for it to come back to normal.

As you said, your English needs to be polished a little if it will help you can use Grammarly to check for spelling and punctuation errors. For me, investment is a game of risk, and it doesn't matter any amount I put so far is meant for investment, I am good to go.

It depends on your capabilities, can you survive on your own if you invest so amount? This is the question we should all be asking ourselves, many investors only thing about buying but not about surviving, later when they buy already they will start thinking about the decision they have made, could be right, could be wrong, who knows? But its left for the investor, so best plan is know how much you need to survive on, before investing a dime in crypto.

I think it is easy to skip one daily meal (if you eat 3-4 times per day) and that will be your daily affordable amount to lose. Dont multiply it by number of days in a month, because it will be hard to skip so much and make such a daily skipping routine. I can easily afford to spend 10$ on crap. I can easily afford to spend 10$ a day on investment.

I believe what one can afford to lose is purely subjective an it's normal. For someone, even $100 is life-saving crucial funds that one can't afford to lose. For someone else, a million dollars can easily be money one can afford to lose. If we try to generalize, it certainly should not be a part of money a person needs to cover basic living costs (food, transportation, rent if applicable, utility bills) and maybe other crucial funds (for example, if a person has money for an upcoming surgery or university tuition fees). Everything above that is, I suppose, what one can afford to lose, but people should use their subjective sense and particular situations to determine what that amount really is for them. And it's better to invest less if you're not sure than invest more and realize you actually really needed that money.
As for a proof that investing in Bitcoin is profitable, I think one should just look at the price chart and see how each time Bitcoin recovered from each fall and also look at how, while Bitcoin does decrease its value significantly from time to time, the lowest point it falls to seems to also be getting higher over time.

I agree that it may not be much for us when we talk about amount that we afford to lose as we invest in bitcoin but for some people, they could be too much and means a lot.

No need to share some solid points just to prove anything that bitcoin is profitable in the long run.

Just take a look at the charts and prove that on your own and see the difference and lines from the past years up to this time and have it zoomed. You'll be ending have that idea that bitcoin has been all performing well ever since it was launched.

Even though you really want clarity in this matter to be sure, but I think in this condition nothing can really be convincing as long as you are not sure about it.
The condition remains the same bitcoin is something full of risk and no one will know about the future even though in this case it will still be worth it for the next few years but this condition will come back to yourself as long as you are sure then it will be good but even though many people are convinced but you are still not sure I think it will not go well.

You will not lose anything on your investment in bitcoin because bitcoin will not move ^{[except their value].} The volatility of the bitcoin price does not loss your bitcoin, unless something happens to your wallet such as hack or loss of access to the wallet.

Anyone might be able to consider price volatility, but they likely can't afford to lose lots of bitcoin forever. I would probably be thinking the same thing, but if you really invest your budget within reasonable limits then of course the psychological impact when you lose it all.

If you constantly invest that small amount of money (no matter how small) that you can afford to loose, by accumulation, just that it will take a longer time, but that small money will become big. Have a continuous approach to investing and develop a strategy to keep you investing, small amounts of money that you can afford to loose is better investing than a huge amount of money that you invested recklessly. Consistently investing small amounts that you can loose will make you have the habit of investing regularly even when you begin to earn more.

you are something wrong, you are talking about number of coins, if there is not value then what is that you losed you money , but not your coins, what will you do with your left penny value coins,
we invest to get profit out of it , not for owning non valuable coins (no talking about bitcoin so far just an example)

First and probably most important, you must improve your English. So that we can clearly understand what you want to share. However, Bitcoin is a highly volatile cryptocurrency, so you must exercise caution when investing here. The price could fall at any time, causing you to lose your portfolio. That is why it is said to invest only if you can afford to lose funds. The amount is entirely up to you. Risking a large sum means you could win or lose a large sum.

The answers to your questions are very subjective and varies from individual to individual. For me even $100 is good amount of money to loose and I will be absolutely mad if I ever loose this sum. For someone even $1000 is not enough to feel the pinch. So it depends on your financial condition.

Also, there is no rock solid point to prove that investing in bitcoin is a non losable investment in long term. Historically we have seen this trend but past record cannot guarantee the future. So it is again based on your preferences and investment goals.

For me when we say invest only what you could afford to lose, it means your excess money, the money that you don't need or would just use on your own enjoyment or something useless.
I am talking about the money that is left on your account after paying all the necessary thing and bills after settling everything that needs to be settled.
It doesn't really matter if your gaining small profit or not just accumulate all of it and reinvest, it is better that way than to ruin your life by risking it all.

I understand that the amount of money we can consider as we can afford to lose are the amount of money that is excess from our income after we deduct our expenditures and future or emergency savings.  How much it is, is dependent on the person income so we cannot put an exact amount to represent everyone's capability of what they can afford to lose.


The amount is subjective, yes, but in general, the amount of money that a person can afford to lose is the excess money that is not compromised of anything where he can spend or lose it without regret.

Everyone is going to have their own definition of what this means, I consider money that I can afford to lose all the money that does not go towards my expenses, retirement account and my savings account which needs to have funds to at least last me one year if I lost my job, I do not have debts but if I had them I would include that money as well on the previous category, so all the money that is left after that is money I can afford to lose and it is money I invest in bitcoin regularly.

My personal definition of "investing what one can afford to lose" is something like... risking an amount of money which if disappeared suddenly, you could continue to go on with your life and mid term plans, as well continue to have access to shelter, food and medicine.

If someone is investing a quantity of money and if said person would feel suicidal if that money disappeared, then i can tell with 100% of accuracy that person would be over-investing their money.

Also, your English is not perfect, but it is okey enough so people will understand what you are trying to say, if you continue to participate around here and study a bit more, you English will get even better, I am sure of it.  ;)

It is better to take as much as a person can hold. Because if you take more, you will surely get into trouble. Many people have a lot of money and could use more money in investments. I will never compare with him in this regard. If I want to invest compared to that then I must invest with debt. And if the market goes bad after that loan investment then my life is in vain. So everyone should think about using what they have personally. Even if it is a small measure, it is still my personal wealth.

Despite my confidence in Bitcoin, I can only invest 25% of my savings in the crypto industry, which I think is the maximum I can afford to lose without it having a significant impact on me. I could therefore argue that no amount of money is too small to lose, but that would depend on who might do so.for example you that have $1k in your savings and you invest $900 in bitcoin without having any means of stable income that will definitely affect you if you are losing some part, which $1k worth nothing to some people . Therefore, only those who are extremely greedy will invest money they can't afford to lose in crypto industry with amin of making huge profits. Just know that it is not advisable to invest in the cryptocurrency industry with any sum that will negatively impact you lose.

so long that money wouldn't affect the life of the person if in case it will be totally gone, then, that's the amount that he can afford to lose. and yes, this is very subjective as we have our limits on how much we can spend without worrying about losing it.
when it comes to bitcoin investment, i guess, no one will absolutely say that you will profit here 100% in the future. as no one knows what will happen next, still, no one can assure the longevity of this market and if you will indeed gain positively no matter when will you cash out.

No specific. If you can only invest 10bucks or $100, that would be fine. Bottomline, it should be an amount you won't hurt your feelings if ever the market will crash in an instant and there will be partial loss on your invested amount.It should be an amount you won't use if incase an emergency happened, and also, an amount you won'y use to buy something. This is what is ideal but I do get the point; there's no such thing as an amount we can afford losing because that is the sole reason why we engaged in this industry or investment field in general; to earn profit. But atleast use an amount that won't put you at the edge of the cliff, if ever things go the other way around as planned.

One non losable point I can tell is that Halving will be next year which means the supply of BTC will once again be cut to half and every time this happens there will be a bull market. As of right now, there suppose to be no bull run but the market is reacting very well to the crisis. BTC must be going very high by the next year guaranteed with an event such as Halving. Having just $100 as an investment I think will still make you a considerable profit you use in these crazy times.

Judging from the context that you describe, this actually does not refer to how much money, but how big the conditions and risks are to be in bitcoin investment.
I think in this condition we of course when we have decided to be in bitcoin then we already know the risks that will occur here, and we are aware that this is a very big risk and no one can really guarantee that being here will last forever be good because it depends on your determination.
As long as you really believe in being in this investment with all forms of risk, you will indirectly feel that this is the best thing to do, even though we also have to be prepared to lose the risks. But if you are not 100 percent sure about this, I don't think it's worth trying because of course when a crash occurs, panic is clear, considering that your intentions are only half here.
I think convincing people who are unsure of their choice would just be futile and a waste of time on it.

I never liked this expression. What you can afford to lose? I can afford to lose 90% of my money ant continue to live, but will that be the life that I want? On the other hand, if I play it safe and bet $1k, does that really change anything in my life, even if I win?

Bottom line, invest what you feel comfortable investing and make sure that money won't change your living conditions for worse. If losing your investment would mean you'd have to sell your car or your house, that's way too much. If losing your investment would mean you won't buy a new phone this year, or you won't be able to upgrade your TV from 50" to 80", you're fine.  

Speaking about bull runs then we cant really be sure if history would repeat comparing out into those previous years but literally trying out to figure on what halving is then we could really be that so sure that the market would really be having a good positive run as long its demand is the same or would increase even more.Its not really that shocking about the market is really that highly reactive when it comes to market sentiments or fundamentals, neither it could make out some impact or not and that what makes even more harder for us to guess on what would be the next movement. We do know  that it isnt really that something simple
for us to handle this out.

We'll, this is how investment needs to be. What we afford to loss should not never disturb the comfort of living at any point. This is very important, even if the investment doesn't bring profit it shouldn't worsen the living style. However to specific limit we were able to withstand amidst loss and that seems to be the respective amount of investment.

That's a fine technique to overcome the loss experienced out of investment. When we experience loss the same needs to be compensated through some means than just leaving it. Maybe cutting the year's unwanted needs is the right way in this high inflated economic situation.

Investment is something that we consider as investment. Anything can be an investment in as much as we are going to get return from it. We are going to make profits from it. There are different types of investment we can try and put our funds so we can make more money. Investing in cryptocurrency Is another types of investment we will need to consider so that we are going to have a better profits.

Money that you can afford to lose bring your investment in Bitcoin is the money that when it go out from your account you will not have a a double mindset or you will not be depressed so that is why we do encourage people off using a money they can lose or they can afford to look for any cryptocurrency investment not in Bitcoin only generally in cryptocurrency

I think it's best to invest the money I have because if you borrow money from your friend or bank it will be very stupid. I once decided to borrow some money from the bank and invest in bitcoins when the price of bitcoins went up I sold bitcoins  Will do and return the money to the bank and I will have some profit in the middle.  Then my friend explained to me that if I take money from the bank and invest, even if I do not return the money on time, then I will have to face a lot of problems. So I did not withdraw money from the bank.

The best way to invest is to use the money you already have, and do not borrow money in order to invest. But you also need to make sure that money is idle, lazy money, meaning your life is fine without it. Don't invest money you have but can't lose, you will also have trouble if you try to do so.
To put it bluntly, when investing, no one wants to lose money but wants to make big profits, there needs to be a trade-off. To have success, we must first accept failure because success does not come to us easily.

I think that what is meant by the phrase “invest only what you can afford to lose” is to not invest the money that is meant for important things such as emergency savings and the personal expenses that you need to live. I think, we should keep in mind that in the world of investment in cryptocurrencies, the larger you invest the larger the profit or loss you could have. You should be trying to fully understand the economy since there are really some signs regarding the volatility of the cryptos. Also, regarding the profitability, I think, if you consider to invest as of this writing and then hold it for long time, you could see a profit if you are just persistent with your investment because this would really take time.

Investing in Bitcoin is a personal decision that requires careful consideration of the risks and potential rewards involved. Before making any investment decisions, it's vital to assess the possible outcomes and ensure that the investment aligns with your long-term financial goals.
When it comes to 'Invest only what you can afford to lose' - it means you should not have any strings attached to that investment. You can save up for your investment and should not have any emotions attached to it. And afford to lose doesn't mean you have to lose it. There are loses and profits both in investment. If you can use stop loss properly, you won't lose that much. As mentioned above, it's your personal decision on how much you can invest and how much lose can affect your personal life. There's no actual amount. Learn your risk management and you are good to go.

The saving for me means that we shouldn't put all our savings into one investment. It doesn't matter if it's stocks, bonds or cryptos, there is always some risk to lose money. In my opinion we can invest 100% savings, just not in one or two assets alone. If we spread our money out and buy a well diversified portfolio than we don't have the same risk profile. Even if some of our investments are going badly, there will be others that are doing better. The whole idea is that in case we need money in the future, to buy a new car for example, or to repair our washing machine, then we are not forced to sell a bad investment. Most investments move in cycles and if we are forced to sell during a bear market it could lead to a huge loss.

you already understand what is all about mate , but indeed that investment what you can afford to lose  and that is what we must truly learn , and also try not to become greedy to be not a loser.
but asking about how much the amount?  there is no specific mate instead best if you will not count how much to earn instead the trust in crypto will tell you that.

It's different for everyone and depends on whether you have debts, how much you earn and how much do you spend. If you have debts I'd say to not invest or invest 5% or so, focus on paying those debts. If you are free from it, then 10-25% is fine, I think. Not financial advice, just thoughts from my personal experience.

I think it is impossible to specify the amount that is considered as "afford to lose", as each person is an individuality, everyone have different needs, income and lifestyle. "Afford to lose" amount is the amount of money a person can earn easily and quickly from my mind. Imho, that amount should not be large, because loosing large amount often born such ideas as "for that money I would have bought ...", and a person start to bother a lot or start to feel pity.

As per this language or statement people do used is not a bad one but this simply shows that you may be able to withstand the pressure whenever you didn't see your investment anymore. For instance, if your salary is $500 per month and after your expenditures is being taken out from it, you are still left with about $200 or $150 for the month at this point you aren't expected to invest a whole lot of $200 or $150 inside of it rather what you would do is, to remove your savings and after which $50 or lesser is being left for you. You may now endanger the $50 every month to invest because you already created a savings for yourself and as well can be risking $40 or $50 every month to buy any fractions of bitcoin every month. This is considered as an investment otherwise you afford to lose it hoping your savings doesn't affected same principle is applicable to when your salary is below $500 or any amount.

If you have so small money, then 100x more will make you 100x times more rich. I dont understand how that can be a bad thing. Obviously you can not become a millionaire quickly if you have small money to invest, but you can have a much better life if you would for example 100x your money.
What you can afford to loose, means what you dont need in your everyday life.

You indeed have a bad English but not so bad that readers may not be able to understand the things you are hinting at. More practice and one day you can be a good English forum poster. Now, to your question: I think my "invest only what you can afford to lose" is very low all because right now am not financially stable. I can afford maybe $200 and nothing more and that is why I am not anymore involved with any crypto-based program which can go bust anytime of the day.

This whole idea of savings is even unnecessarily over hyped. I wouldn't keep something like the $50 you used in your instance out of the $200 or $150 for an investment. I rather invest the whole $200 once I'm sure it's cash I can keep after my monthly expenses. Look at it this way, inflation is on the rise. Any cash kept aside as savings won't appreciate. Rather it goes down in value. Banks don't pay much interest any more. So, why keep that aside then, whether in the bank or at home? Those who do that do it because they're scared of taking risk. Nobody grows rich by saving their money. People grow rich by investing their money, and by investing big!

Yes, this is a personal question that will have different answers in each case. However, I think there is no mistery or difficult on finding the correct result in each case. It's just the amount you can afford to lose: money amount you won't need later for your basic needs. Maybe the amount of money the person uses for eating out sometimes, buying superfluous goods, or just the spare money left after all monthly expenses are paid.

For some people it will be 5$, 10$, 50$, 100$, 500$, 1000$... And even more. The important is to put this money into good use.

Bitcoin is a very volatile decentralized digital currency, and as such that's why we advocate people invest an amount they can always afford to lose, so that if price movement doesn't go as plan within the expected period you don't get disappointed, in as much as Bitcoin is more profitable in long term investment.

Secondly, their is no specific amount of money that can be described as an amount of money you can always afford to lose. You know your financial capacity and it's best left for you to decide how much to risk. But, moreover, I don't see crypto investment as risk, in as much as it's Bitcoin you invested in, and not altcoins.


Just like I earlier said, it's left for you to ascertain how much you can afford to risk in your Bitcoin investment, knowing fully well it's a volatile whose price fluctuates.

Secondly, Bitcoin is a profitable investment in long term, because it was ones $1000/BTC, and value went up to $10,000/BTC and today it's $28,105/BTC. So that's enough reason to prove that Bitcoin is profitable long term.

Investments are high risk. But investing does not necessarily mean that you will lose money. If you invest in Bitcoin, you may lose your investment if the market takes a bad position, but it will never be lost. Your investment will recover only when the market recovers. And it is very well understood that if the Bitcoin market is dumping, it will recover. So it is better to invest as much as you can. But don't worry about investing it is going away at once maybe it will decrease for a temporary period.

You may have forgotten to read the last point in my post, but I really find it strange to understand what you really mean.

The main point is bitcoin, while investment is the second point. You invest for profit, but in fact you should know that there is a risk of loss for various reasons. You must be prepared to lose financially, and you must be prepared to lose your assets forever if you don't know how to secure them. Therefore you should set yourself a reasonable investment budget limit so that if something happens to the price ^[volatility] or your wallet, then you are ready to accept the consequences. That's why "invest only what you can afford to lose".

It means, Let's assume, you have 100$ and if you lost them, then your life will be disturbed and you have to borrow money to face your expenses. then that money is what you can not afford to lose. So you should not invest it in Bitcoin. But, if you are a risk lover, or have great experience in risk management then it's up to you to either take it or not.

So invest only that money that if you invest in BTC and your prediction will not go as you planned then you could bear the loss and not fall prey to market sentiments until you got you to hit your exit target.

No one can assure you that investing in BTC will be profitable or not because the crypto market is so unpredictable even if you are an expert in analysis (all types). As you asked, there is no money that if you lose and your life will not be affected, No that's not true, last time one of my friends lost more than 100$ and he was chill because it was that money he can afford to lose, (note* at the start he was really in panic and worried, he did not sleep until he found a way to digest it) at the end he was chill and said better luck next time. Let's assume if he has no money other than that then he will be doomed and will be in hypertension. Like some people create this situation for themselves. Like the mentioned topics below:

• Taking loan for investment can be life threatening (https://bitcointalk.org/index.php?topic=5445132.0)
• Invest in Bitcoin by selling wife's jewelry (https://bitcointalk.org/index.php?topic=5441679.0)--> well i think it a bad decision for him that's why i mention the topic here.

You asked if another satoshi Nakamoto might come up in the future if that happens then I will be happy to join him in new BTC but that is so unlikely to happen because it takes 10 to make 69k dollars for BTC and if new technologies will come it has to dominate the previous one but that seems so unlikely. Trust is the main key that drives BTC and if a new BTC/SN came into the market then people will differently not trust him/her. (note*that's my thoughts)

Your English is good to some extent and i can understand what you are trying to say so it's good. use some grammar tools maybe that will improvise your writing skills to some extent that you will not need them at a point.

Trading what we can afford to lose is an important mindset that should be placed in our hearts because this is crypto, it's filled with volatility. Losing money is neutral in the market and there's no single trader that haven't record a loss in a trade. But to be on the safer side, I always make sure my profits covers all my losses. Bitcoin is not a do or die affair, there's new opportunities every single day of our lives. For the fact that we missed a good entry on bitcoin doesn't mean that another entry is not going to be triggered. Bitcoin is a volatility project with steadily pump and dump in the market.

I wouldn't say that Bitcoin is full of risk because it also have some benefits and we can still earn a profit with it as long as we know how to HODL. Yeah, no one knows the future of BTC but despite of it, many of us here are only positive and said that Bitcoin will pull more all-time highs. There are dumps a long the way and sometimes it can be severe but Bitcoin will always find its way to recovery.

If what you mean earlier is to be sure about our investment, well yeah we need it because if we don't then there is a chance that we will only sell it too early or sell it at a loss.

I agree that money "you can afford to lose" is different for everyone.  As a teenager, I couldn't afford to lose $10K.  It would have bankrupted me and left me homeless.  Even half that much would have been life altering.  I don't think there's any exact answer, but for me personally I think money I can't afford to lose would be any amount that brings me unhappiness or costs me my time feeling bad over.  If I'm losing time thinking about a dumb decision that cost me money, I lost too much.  It helps me to think about what I could have done with the money.  If I can afford to buy a girl a drink, then I can afford to lose $20.  It also matters how you "lost" it.  I've "lost" money where it was worth the entertainment value.

I think having two incomes makes this a better deal. I have my regular job and life, that salary goes into living, but I also make money from signature campaigns here, and maybe that isn't too much money for many people in the west, but for me saving this much money per month isn't that bad. I make about 80+ per week, and there are 52 weeks a year, that means around over 4 thousand dollars a year, that is serious amount of money in Turkey for savings. Obviously, I end up spending them whenever they are big enough and I make good enough profit, but having that extra income means you could invest that into bitcoin (or in my case keep it in bitcoin) and that way you could spend your salary without worry.

Well is not arguable but it all depends on the individual, you talks according to your capacity of bearing a risk lost, I commented according to his post because as a newbie who don't have deep revelation on bitcoin can go by that way, but as a legend you are who gets all knowledge concerning bitcoin can endangers in himself with such decision. Mr A can afford to lose $200 while Mr B can only afford to lose $40 in this scenario you don't expect Me B to risk a whole lot of $200 just as Mr A did.
But to me with latest happening within the banking sector today I won't keep any of my salary in bank since they are not trusted and can't serve as a store of value rather they keeps charging unnecessarily from your savings all in the name of account maintenance and service fees.

Things like this will be understood if indeed we are aware of the risks that are definitely experienced but when I see the narrative from the OP I don't think that's the goal because seeing from the question the OP only wants to invest safely and comfortably but of course bitcoin is not a comfortable place as expected . It takes several processes that must be followed such as patience and of course in this case controlling the panic when bitcoin crashes.

Please, don't get me wrong. My comment wasn't to disparage your view in anyway. Nope, not at all. I raised two salient issues in that post – savings and 2) investment– but let me address the one of savings where both of us seem to be on the same wavelength. The idea of saving money in the bank while one can invest it is utterly not a wise decision.

For me, I keep a greater part of my money in cryptos (Bitcoin and alts), not in fiat. By storing it in cryptos, it serves as an investment still. Even when I'm not actively investing it, I store it in stablecoin. That way, it retains its value and not be taken up by the effects of inflation.

Not only with Bitcoin but also in general when you do step your foot into crypto space on which you should really be preparing yourself on handling out the risks because when it comes to price movement or simply with volatility then it is really just that in default.On the time that you would really be making out some decisions about engagement or getting involved with investment with it then just make use that you wouldnt really be that anticipating too much positive because thats not how market does simply works.

Invest on what you can afford to lose as always on which it would really be just right that you should really be that aware about probabilities and chances for you to lose money
which is really that a normal part.

Yes I understand your sentences I don't have to argue anything with you sir.
We all know the situation presently involved with bank and inflation, even me don't leave my money in bank or fiat.
Op can only sights on my examples but doesn't mean he should follow what I said since everyone knows their capacity and their income ratios.

Let me break it down in case you don't comprehend the concept of invest what you can afford to lose, its encouraging for a beginner in cryptocurrency industry to examine the main factor that hinders the existence of cryptocurrency investment, because the investment can result out positive or neither negative during the process of investment,  so it's the reason while experience investors have to encourage the new investors to be wise enough to use their spare money investment, should incase the investment moves for negative side and it will not caused a depression for the beginner. So it's good to use the funds you can afford to lose.

actually everyone doesn't want to lose their money even though it's very little money, and so do I, I also don't want my money to disappear, because finding money is very difficult even though it's only a little money.

so in my opinion, love our money, and what I mean is love money, that is, try to be a smart investor, namely by not selling our bitcoins at a loss.
and usually people who lose ( lose their money.) Because they are not smart in investing in bitcoin.

It totally depends on your lifestyle and needs. For example I have a family that can financially support me, in other words, I don't need to pay for grocery/food, even electricity bills or rent. So I can directly invest at least my %80-90 of whole money. This completely changes if you need to pay for bills, if you a wife or kid (I am single) and if you own house or not. I feel like safest bet would be %25-30 if you are married, %40 if you are single and around %50-55 if you own house.

Only investing what you can afford means that if you can only invest $50-$100, that is an amount you are allowed to use. More than that, you will feel worried, especially if the market conditions are as uncertain as they are now. This applies to all investments we are familiar with so that we do not cross the boundaries of using money.

Investing in bitcoin for the long term is very profitable, especially since we have seen the journey of bitcoin so far that if we can use the amount of money we can afford, we can have some bitcoins. We can also expect to make huge profits, especially when the bitcoin price goes up high. At the moment, the bitcoin price is recovering because the price has been able to go higher than before and will continue to increase day by day. However, we also have to be aware that a correction will come after reaching temporary highs.

I think it helps you more as an excellent saver. Since you are an excellent saver you can easily take a part of that savings even if it's very little and use it to invest. Don't get me wrong, there's nothing easy about investing, especially for those that don't make much money. The term "invest what you can afford to lose" doesn't mean you invest only money that means nothing to you. You can take a percentage of your savings and invest, if you lose it you'll feel bad but you'll be alright. That's all it means. Invest money that won't put you in a very bad place when you lose it even if you will be affected a little. That's the risk involved with investment, but it should be a low risk. 

If you can afford to lose really small amounts of money, then you have a problem with your income.
Don't focus on your small savings and investments. Focus on growing your income. This will allow you to save more money, so that you'll have some capital that could be invested in assets that have higher risk/higher profit and you could afford to lose.
Bitcoin isn't some sort of easy investment, that will magically 100x your investment. It's your responsibility to buy and sell at the right time and to not panic, when bad news hit the markets. Nobody can guarantee you big profits in the world of finance. If somebody is promising big profits  with low effort, he is most likely a scam.
Your English is OK, I just don't understand what do you mean by "satoshi came out in 1-2-3 years later". The appearance of Satoshi Nakamoto most likely won't change anything at this point.

"money you can afford to lose" for each person is different. So, it all depends on each of our conditions. if you can only afford to invest $10, then that is money you can afford to lose. the important thing is, you are ready if the money suddenly decreases. Also, there is no guarantee that investing in bitcoins is profitable. it all depends on the way we do to increase the assets we have. many say that this is a risky investment, but if you are able to take advantage of it, then this can also be a very profitable investment.

Investing offers the opportunity to increase assets as well as risk loss, the OP's question is whether you are really serious about investing and have long-term investments.
Imagine some of your own money invested in the crypto market, you can't expect an instant result, no one ever successfully invests 100% of the time. So when you go through many different things, accumulate more knowledge and skills in analysis and evaluation, the risk ratio in investment will be reduced. Therefore, investing the money you are willing to lose is only for those who are just starting to invest in properties.

There is no minimum or maximum amount to define "invest only what you can afford to lose". Do it according to the power of money that is ready to lose because Crypto investment has advantages and disadvantages.
You can invest whenever and however much you want, if you are not ready to lose large amounts, don't ever dream of making large profits.

Nothing is too small to start up an investment and before you start up any investment you need to know what you getting into if you also have financial power to go for it, because you can't say you investing on something while your bank account can't stand firm, if you have what you can spare after putting your money on whatever you investing in then you're good to go. You can split your cash into two or doing it 40/60 then use the smaller part to start (to me), if it favors you, you can double the next investment...
OP, When you say "invest only what you can afford to lose" is suppose to be the income you have that even if it's stolen it won't affect you in any way.

No fix amount is said to be used while investing, is a 50/50 thing, you win and you lose.

OP your calculation is wrong. If you calculate from your salary you will get into trouble once you need to start paying your monthly/yearly bills. The best way to calculate "money that you can afford to lose" is to take your salary, subtract your bills, subtract your living costs, subtract your savings/emergency funds and only then with what you have left you decide how much of that you wish to invest.

I would say no more than 50%. If you want to be extra careful, 10% will do nicely.

The basic meaning of this is that we should invest in limits. Trading is subject to market risks, so you should always invest that much, which, if by chance it went to a loss, you could manage at least for the rest of the month. If you invest the amount, which you wanted to fulfil daily needs or which you wanted to use to pay bills, then definitely if by chance that went for loss, then you have to struggle to pay of the bills.  This is why it is always advised to trade within limits. If you have extra money and want to make money out of it, then only invest that amount into trading. I hope this clears some of your doubts, OP.

OP only you knows how much you can afford to lose, the answer lies in the amount of money you make every month, the 10% of the money you make per month is safer than using 50% of the money, if you are not married yet and you have no other responsibility than feeding yourself then you can live on 50% of the money per month, still it depends on how much you are making per month, so only you can know.

There is not binding for how much one can afford to lose.

For money that is obtained by blood and sweat, the earner knows the importance of not wasting it and this is why when we were kids, our parents taught us about money and savings and not the other way round.

For money that is earned by theft and deception, the attachment to that is low and the earner would most likely be wasteful about it.

The second option will always have more money that they can afford to lose compared to the first one. But the main idea is not to spend amounts that if you lose you would regret or fall in trouble.

Investing ready to lose money is definitely a very small amount of money, an example is like losing our money by 1% of the total of all our money which is 100%.
and indeed in my opinion investing in bitcoin with the amount of money we can afford to lose is the best way to invest, because of course it will not disturb our mentality even if the price of bitcoin falls. that's why many people are frustrated by failure to invest and that in my opinion is due to the impact of the money invested is too large and not ready to lose the money.

Well, when it comes to very risky things like gambling, I'd use the term "invest what you can afford to lose"... because the chances of losing all your money in gambling is very high.  How much can you afford to invest in gambling? I think it should below 1% of your total assets/money.

But when it comes to less risky investments like Bitcoin I would use the term
"invest what you can afford to risk" How much can you afford to risk in less risky investments like Bitcoin? That would be below 20% of your total assets/money.

It's literally in the name and it depends on every person. You need to know how much money you usually spend a month and add some extra to it just in case. And all the money left you can invest knowing that you won't touch them. But you only need to invest this money if you are ready to "forget" about them for a pretty long time in case of the crypto winter.

And also daily reminders to everyone: NEVER go into debt to invest. It's might be the biggest mistake you can make with crypto. Because it's sad to lose your money but to lose someone's money is much much worse for you.

Play it safe crypto bros BTC

As I said before, this is understandable when indeed we already know and are willing to accept the risks that occur when we are here, but indeed such a thing would not be in line with the OP who wants security and comfort for his assets in investing even though when we say Regarding investment, of course there are some risks that are taken as well as in crypto, especially bitcoin, which certainly has a lot of risks that we have to accept.

From my point of view in looking at the context given by the OP, I don't see anything like this because indeed he needs to really believe that being here is something safe and of course that is an impossibility when in crypto especially bitcoin because we won't be able to really guarantee that here is safe especially with the existing volatility.

The amount of money that one can afford to lose differs for every individual and it depends on how much one earns, how much one spend, and how much one have as extra money that one can use on anything one wishes. For example, if you earn $1,000, spend $500 a month on all your expenditures, and you have $500 spared from your earnings. From that $500, even if you save $300, you still have $200 that you can afford to lose.

The rock-solid points that prove that Bitcoin is profitable in the long run is the chart history of Bitcoin and the fact that it has suffered so many crashes and still came out stronger on the other end and always had crossed its all-time high from the previous crash after it recovered.

When they say "invest only what you can afford to loss' it's determine by your  income on daily, weekly, monthly and even yearly basis.
Everyone's flow of income isn't same, some person's spare money is in millions.

When trying to invest, know theirs is a probability of you losing that money.
Always invest wisely.

in any investment we must be prepared to accept losses, regardless of how big or small we invest, all of us will experience risks, and also the benefits that will be obtained if we invest, can be seen in the amount of how much investment we invest

Investing, as long as you are knowledgeable on the projects you plan to invest, no matter how risky it is, you can always lessen the risk and not to fall for investing like gambling. That’s the advantage we can get from bitcoin investment because you know you can rely from it since it’s a secure investment. Unlike investing with altcoins, it may fall like gambling as altcoins have no guarantees if they can still survive after years of hodling, or they will just end up as dead coins and lost their value. However, as long as investing is concerned, always invest with an amount you can afford to lose regardless of what investment it is.

It depends on an individual’s net of income. As long as you are going to invest not above your means, and you can afford to lose it, then that’s fine. After all, investments have still no guarantees to give you profits, some are still bound to lose, so you would always invest not from a borrowed money, but from your extra money that you won’t be used to pay your bills or to supply your basic commodities.

Keeping a mindset to accept losses is what is asked by this statement. If loss acceptance is not possible then they should not invest. The ability to predict on spot markets improve with time and experience so how much to invest will vary as experience increases. Even then there should be a limit to how much one does put at stake.

Gambling with the money should be strictly avoided. The stuff like margin and leverage, futures are all different types of gambling. That is where people lose money the most.

The amount that specify "invest only what you can afford to lose" ..point to the amount of money after all your deductions were made. So if you lose that money, you will not go hungry or you are able to pay for your monthly expenses, like your car and your house.  :P
(I call it disposable income)

Nobody on this forum can give you a 100% guarantee that a long-term investment in Bitcoin, will yield profits. So do not believe what speculators are telling you... it is a high risk investment and that is why people are saying... "invest only what you can afford to lose"

right invest as much as we can let go, this means we use cold money to invest. but before that we must have knowledge about our investment. that way it is hoped that it will not be in vain to wait in the long term by generating profits according to what we desire. although it is different from gambling, in investing it is as if friends with risk

When you are in the crypto industry, you should know what to do here as a community in this field. Of course if you are going to invest in cryptocurrency, the only thing you always use to invest here if you are a beginner is just your extra money first, don't move your other money that is already reserved for goods, needs of your family, billings and others.

Well in fairness to your grammar it was actually bad, it needs a little bit practice you know.

Yeah, it always depends

The amount of money that we can afford to lose by investing in cryptocurrencies depends entirely on our financial capabilities. The higher they are, the more money we can seamlessly invest in cryptocurrency. Therefore, we cannot talk about some fixed amount. For everyone, it should be individual. For one, a hundred dollars is a trifle, but for another, this is just such an amount that can already affect his budget.

Well, even if the potential profit is very small, you should be convinced because a small profit is better than losing your needed money because of a bad decision. Although I feel investing in Bitcoin now is a very good decision, one should always keep a place for unexpected events, especially that the world suffers many conflicts on the political, military, and financial levels. Therefore, I don't recommend investing more than what you can afford to lose, and the advantage should be given to real life needs, education, and owning a house. After then, if you have spare money, investing in Bitcoin is a good choice.
,

You can just watch the history of Bitcoin price and compare it with what happens now. You will realize that this time it's not different, and I believe the price will recover and surpass the ATH Bitcoin made in 2021. However, in the investment world, you should put all possibilities on the table and act accordingly.


I honestly don't feel that I'm in a position that makes me evaluate someone's English, but generally, I understood what you wanted to say.

You invest any amount of your choice but investing the amount you can afford to lose is just an investment safety quote used in the cryptocurrency market to advise investors on how to play safe in order not to let greed take over when making investment decisions since the huge opportunity the market introduce also comes with huge risk.

This is also a safety-conscious message and that's why people are advised to make use of DCA when investing in Bitcoin.

Bitcoin is the only digital money that changed the way we see money, investment, etc. The best way to make a profit from it is through the long term and Satoshi comes out today it doesn't change anything about Bitcoin's existence.

As much money as you can afford to lose is an amount that varies from person to person. If you have a regular job, we can say that you have enough economic well-being to spend money on having fun outside. For example, if you are doing an activity such as going to the movies or going to a football game on the weekends, I think the money you spend on one of these may be money you can afford to lose. I follow this rule when investing in altcoins. I am not subject to any rules when investing in Bitcoin. I invest in Bitcoin like I invest in gold or silver.

The statement "invest only what you can afford to lose", the amount in question as such is subjective of the individual, been that an amount that may seem affordable for you to lose may not be same for me, it may be that such amount is high for me while it's low for you.

Investing in bitcoin is very rock solid (using your own term) when it comes to investing for long term, and looking out for points about the possible outcome we can look at the bull run of year 2020 for those that invested for a long term prior to the year 2020 the profit was massive for them and that is what we are still expecting for another ATH by 2024 thereabout. The records of the history of bitcoin are there online for you to DYOR about it

to me the phrase "invest only what you can afford to lose" is the few percent of money or income that I have that I am not spending or will be spending and that is what I will be investing in.
this sentence exists because it provides a simpler understanding for beginners who are going to invest so they are not greedy and too sure to use all their capital or income to invest.
we know that investing in crypto is very high risk and no one guarantees 100% that our investment will be profitable or successful, if we are too greedy to use all our money it will be disastrous for ourselves when our investment plans fail or even assets we are stolen.
I personally think I'll just take an example from a total of 100% of my income, I will allocate 60% to meet the needs of daily life, then I will allocate 20% for savings, 10% for me to allocate for emergency fund savings, and the remaining 10% this is what I mean funds that I am not currently using or will spend on my investment.
that's just a simple example but everyone has different planning and risk taking on what percentage of money they will allocate to invest.

Generally, this is not the case for most times, people invest their savings and so on. My understanding of this is that investing money you can afford to lose means money you can do without not what is meant for your education or food

How much money is considered as "invest only what you can afford to lose". I think 40-100% of one's money should be considered too much of an investment in crypto because of the volatility and uncertainty associated with cryptocurrency. Most persons out of should I say ignorance or greed have been left frustrated, hospitalized or committed suicide because they invested all their hard earned money in crypto.

If it happens that, if you follow the matter of investing only what you can afford to lose, the amount of your fund is so low that trading through which you will not get any special benefit.In this situation, I think he should not trade at all, he should wait for some more time to increase the amount of that fund. And if I speak in this context that I still maintain the investment as much as I can afford. And now if for some reason this fund is lost or destroyed or I lose completely, then my loss will be fine and the bad will be fine, this effect will not have such a bad effect in my real life.

I suppose the main thing about "afford to lose" is not to take any loans for investing, since sometimes people go bankrupt while investing. So it doesn't mean that there is a need to directly determine the border... It means the same as "invest the sums you can afford if you were gambling", pointing that investment is a risky strategy, and it shouldn't be done with "core" funds and belongings (fulfill the basic needs first). As for all the other funds available, they all can be considered "excess capital", so the amount invested depends solely on personal priorities.

Investing in Bitcoin can be an intricate subject, mate. The phrase "only gamble with what you can afford to lose" is spot on, and you gotta take it seriously. The allure of profits is tempting, but you can't disregard the potential risks that come with investing. That being said, hats off to ya for investing a small part of your savings. Starting small and gradually increasing your investment is a smart move.

Regarding the profitability of investing in Bitcoin, there's a lot to think about. The crypto market is crazy volatile, so prices can change fast. But that also means there's potential for significant long-term returns. Plus, the blockchain technology behind Bitcoin has countless possibilities beyond just cryptocurrency. This implies that the market can keep growing.

You're worried about the possibility of another Satoshi Nakamoto taking over. But btc is decentralized, which means no one person or group can control all. The technology was created this way to prevent any single entity from having too much control. While there is always a risk of someone else gaining some influence, the nature of the tech makes it pretty unlikely.

I hope that many people realize that the risk of investing is real and they should not spend their entire budget on it. 50% of the total budget is fine for me, while some people may consider a lower or higher percentage depending on their plans and interests. That means 50% of my budget is still kept in reserve which is if my investment doesn't turn out as smoothly as I hoped, then of course I still have money to spend.

I agree that the perspective on the amount of loss you can afford will certainly differ from one investor to another, but in principle this percentage really depends on how strong you are financially and how experienced you are in investing. No investment is without risk, but as long as the risk is worth the possible return, it's still a good idea to consider.

One thing i like about bitcoin is that you cannot loose your entire asset invested even if there's high volatility on bitcoin, you need to understand this fact from the risk involved in altcoins, those that invested don't just do that, they give a follow up on their investment and monitors it base on their interest, some hold for a long time while others only perform trading within a short period, this makes bitcoin serves both a currency and investment asset profitable for us to take.

I wish you read all the comments make here, the "phrase" you mentioned is very easy to understand and make users have explained it for you to understand. That is why I said that you should read all the comments for more understanding, because everyone explained it on their own way of understanding.

Like the way I understand that statement is that, "you should invest the money that you are not using at that period of time, money that you wanted to lavish for girls, or any other thing is not useful to you, so if such money got lost it won't pain you much. Because it is not in the budget of the day, weekly, monthly and year spending. So you can just use that money to buy bitcoin and Invest in it. 

And the amount to invest is not certain, it can be $10, or $900,000 all depends on the amount you have at the moment.