Bitcoin Forum

We have been told many times to invest only funds which you can afford to lose in bitcoins. But the question is that most of us do not have that extra funds to invest. So, what we do is we buy bitcoins from our savings, and from whatever money we get, we try to buy bitcoins. Middle class people do not have that EXTRA money WHICH THEY CAN"T AFFORD TO LOSE.

Yes, i invest in bitcoins but it is not EXTRA money and I am afraid I can't afford to lose. Do you have that EXTRA money that you can afford to lose  ???

Unwritten rule I guess, not only in this industry but to all types of investment. In any investment, profit is not assured most of the time, especially in this industry wherein market prices are volatile or changing from time to time. Losing is the only thing certain especually if you won't be having the right guess. The idea of investing only an an amount you can afford losing is ideal. But think if there are even people who does it. Ofcourse all of us are having high hopes of earning profit from doing so, because why would you even invest into something if you are not having assumptions that you'll get something from it? Money is just tempting that it would abide our personal boundaries or limitations set for ourselves.

Middle class people that do not have extra money that they can invest in bitcoin/stocks/land/whatever and are living from salary to salary aren't middle class at all.


Well, you are playing a dangerous game but at least you are aware of the risk since you are not new to bitcoin. To answer your question, I only invest the amount I can lose, meaning part of my salary goes to the savings account and I use only part of it to buy bitcoin. I could invest more, but I don't wanna get into situation that I need to sell bitcoin with a loss just because I need cash asap.

If it's money that can't be lost, then I definitely won't use it to invest in bitcoin, it's too risky not only for me but also for my loved ones. Bitcoin is a good investment that can be profitable but it also has risks so I always stand my ground, only invest with money that can be lost and when I run out of money, I choose to ignore it.

I think what that statement means is that, one should invest money that is not out of your reach to recover from is the investment goes wrong and same also refer to all other investment be it gold,,  real estate or properties. This is also lead to the slogans that said you should not put all your money in one investment no matter how successful those investment are. Bitcoinisn doubt a successful project
That have survive more a decade but still we should not put everything in bitcoin and don't be too greedy.
No matter what your class is, be it a lower class, middle class or high class when it comes to business and investment,  one needs to be very versed in so many areas especially when it comes to a high-risk investment like cryptocurrency. So for that everyone have to invest by buying bitcoin at whatever time and there is nothing like spear many every money have equal value and individual have scales of preference, some spend they spear money on bears while others invest that money in something tangled and of increasing value. But above all one most be diversified in several areas and to attain success in one life the level of their investment and area of interest matter, directly or indirectly.

What is your definition of middle class? According to the generally accepted definition, the middle class refers to the social group between the upper and working classes. This means that many individuals within this group have some financial stability, including the ability to save for retirement and the means to indulge in occasional luxuries like dining out or taking vacations. Yes, it is generally advised to only invest funds that you can afford to lose in any type of investment, including bitcoin, but that doesn't mean that you shouldn't invest. If you have a little bit of cash sitting around, or you have money set aside for the future, it may be worth considering a small investment in bitcoin as part of your portfolio so that you can take advantage of what could be a profitable opportunity in the coming years.


There is always a risk that your investment could lose money, so it's important to make sure that you are financially prepared for that possibility. As a rule of thumb, it is best to limit your investment to what you could afford to lose without it affecting your lifestyle or ability to pay bills. Unlike many in the working class, the middle class has the financial resources to make this type of investment.

Is there really a risk though?

I mean Bitcoin pretty much since 2010 has been on an upwards trajectory, it's important
though to zoom out but we all know about it's qualities and the opportunities.

I recon in 5 to 10 years we will look back and wonder why we didn't sell everything to buy ?

In the current state of bitcoin I don't have any extra money to invest. People are very interested in bitcoin investment even though there are ricks still people love to invest here. Especially the middle class have to live in a situation where they don't have any extra money. That's why they can't invest much and if they invest, they have to sell it even if necessary at a loss.

You spoke the reality of many of us, several of us don't have extra money talk more of having one we can afford to lose, many of us are buying bitcoin with our savings(like you said) and hoping we don't lose it, but rather, make some profit on it.

But there is another context to this analogy which maybe you forgot to mention or you don't realize,
To buy Bitcoin with extra money one can afford to lose does not necessarily mean just as it is said, it also means that one should only buy Bitcoin with money they won't be making use of in the near future, this is because buying bitcoin with hopes of making profit on it is a long term investment, it could take a month, two or more or even years to see a tangible profit on the initial amount you bought bitcoin with.
So it makes no sense buying bitcoin today, and tomorrow, you sell it because you need the money to attend to another urgent matter that seem more important, so this is why it is advised to only buy Bitcoin with money one can afford to lose, which in other words means to buy Bitcoin with money you won't be needing or making use of at a significant long period of time.

Of course, it's hard to follow this to the tee, the world is very different now, and if you don't know how to reinvent yourself to make extra money, then it's hard to invest on crypto. But what I do is that I invest 10% of my monthly income to bitcoin and bitcoin only, that's it, maybe a few altcoins, but majority is to bitcoin. But there were times that I can't invest that 10% because of some emergency that I uses all my fiat for expenses and others. But that's my rule, just 10% and I'm good with that, no pressure, whatsoever and I can still continue to invest on bitcoin with my 'extra' money. And I would say that it is very effective strategy to me.

Everyone can say anything, including investment plans and strategies. Most of them probably don't have a salary that fits their needs, even if they do save, I'm not sure 1/10 people are able to save 10% -15% every month. Inflation is increasing in every country, basic needs are getting more expensive and no matter how well they manage their spending, their basic needs must still be met.

Investment also does not need to be forced, meaning that someone does not need to starve just to invest. Everyone has a certain level of financial and they have to do anything according to their respective levels. While investments can be made at any time as long as they have sufficient funds, that means there is no need to force them.

Anyone can buy/invest Bitcoin no matter how small it was since no one will be able to afford a 1 BTC nowadays unless if they were rich. It's not just about how much you can afford to lose/risk to invest but how knowledgeably well of what you are going to invest.

Bitcoin is indeed showing enough sign that it won't be dead as long as there's a lot of people supporting the Bitcoin community. Finding enough extra money to invest in Bitcoin won't matter as long as you buy when it's cheap during this bear market. But you should know when to sell when it's time to sell.

The risk is usually in human behavior.
The combination between people investing money they don't afford to lose and an unexpected new leg down for the price, maybe with some FUD as seasoning, is usually so bad it tends to end with selling at lower price than the coins were bought and with a grudge against bitcoin and bitcoiners. Such people will most probably never admit they've made a mistake, instead will call bitcoin a scam.
At least this is how I see these things...

That advice is a bit overused at this point and I think the line between what we can afford to lose gets more blurry to many. But we should always have a plan when investing into any asset, and this plan should involve growing our income stream, if we do not have much left over to spare.
The major mistake you would make is trying to use bitcoin as a means to get rich. It doesn't exactly work that way, and you could as easily lose out the amounts you invested into it.

Focus on growing skills which are in demand and getting paid for your services; you can then choose what percent of your income goes to Bitcoin (and any other investment) and which goes into your savings.

Yes it is.
If you invest amounts you might need at a not too distant future, there's no guarantee that you would be in profit at the exact time you need it and could be forced to sell at a loss.

If you don't have extra cash which you won't be using, then you should be able to save from the amount you are making, am not asking you to save any amount that will affect you, even if it's little amount you can just save it from your salary and invest in bitcoin. I believe no matter how rich you are, if you lose money it might not affect you but it will pain you, nobody really wants to lose money. If you are investing, make sure you invest in bitcoin, I think it's not really risky compare to if you invest in altcoins, if you are investing in altcoins, then anything can happen to you money at any moment, but if you invest in bitcoin, just be prepared to hold for long term and I think you are good.

Yeah, you made a good point. Most of us don't have that extra cash they can afford to lose because every penny counts, in this situation.
You can only by btc from your savings of earnings, there is no spare cash lying waiting to be spent. If you are in this category, losing any funds will have a great impact.

I feel people used to invest everything they had into BTC, including what they were supposed to hold in order to feed themselves, this made them withdraw BTC when they didn't want to, or when they need cash fast, and because they are withdrawing when they didn't plan to, they can either lose or gain, but likely they will lose because BTC does not do short term pumps like altcoins, it is a long term investment plan. I believe it is because of these kind of people we are told to invest extra money in BTC, that is money we would not need fast, it doesn't mean it has to be a small amount of money.

I will replace invest only extra money in BTC with invest only money you would not be needing in some years time, BTC isn't like altcoins that collapses, and people may think that when we say extra money we say so because BTC could collapse, but i don't think it can, the advice is for you to understand that when you invest in BTC it should probably be for the long run, and the money shouldn't be needed by you for a long while.

I think you misunderstood the concept of “investing only what you can afford to lose”, and I understand this is subjective. In my opinion, the theory doesn’t say you should only use “extra” funds for bitcoin investment, who are we kidding? Is there really any such thing as extra money I don’t think so. If you’re waiting to make that “extra” money I don’t think you will ever get to buy bitcoins. The point is don’t invest so much that you get into debt should the market crash

When a friend asks me about "investing" in bitcoin, I always say: try to understand what it is, before investing.
that is, bitcoin is a "peculiar" currency with a number of unique advantages. if you invest with the hope of speculating or earning more FIAT maybe it is not the ideal product for you.

For sure if you're looking for a currency unconfiscatable, that can be sent quickly and cheap on the internet, that can be stored with a string of letters and numbers and many many many other advantages, yes bitcoin is what you need. Otherwise no, you should not "invest" on it, it means you're just trying to speculate, one of the worst idea for this currency, as we have seen during bear market it's really easy lost heavy amount in few months.

This is a very thoughtful post and it shows that in investment markets only wealth makes wealth. If you have a lot of money, you can invest ideal money in bitcoin and have no worries to meet your daily expenses.

For a person who do not have extra money, he already will face difficulty in meeting his day to day expenses, how can he spend in financial markets.

The only way for him to invest in bitcoin is to cut down his expenses and then buy bitcoin from that savings. Dollar cost averaging can be another way to invest in bitcoin so that you are never in loss and can cash out anytime if you need urgent ready cash.

On the time that you do make out that kind of investment decision then you should really make yourself that prepared on the risk that it is attached to it.Whether you do like it or not, there's no way that

you could really avoid such probabilities since we know on how unpredictable this market would be and there's no assurance on how it would be ending up or on how it would be looks like on
future years to come.So better to make yourself that prepared for whatever things that might happened into your funds.Its true that extra money doesnt mean that we can afford to lose
it specially into those middle class below where they are trying out to save up just to make some bitcoin investment or crypto as a whole.

Yea I agree with that, it makes sense.


yea that makes sense too.
I wonder how many people instead have the belief in Bitcoin and are buying by making
cuts elsewhere while not having the disposable income they can afford to lose?

Yes that's what it supposed to be like since its very hard for us if we invest the money we tend to put on more important things so bring only the amount you can afford to lose since if you do that your life will be at ease upon gambling but if not because its your hard earned money which you can't afford to lose then playing by using it will be so stressful because you will be worry about the possible result and you cannot enjoy that scenery.

You'd be surprised. You seem to underestimate human greed (or hunger?). Far too many do think that Bitcoin is a get rich quick scheme. Far too many hear about bitcoin from the wrong sources and jump in without knowing what they're doing.
I would not be surprised if some of those make a choice between getting a better pair of shoes and buying bitcoin in a hope to earn some extra funds (in the near future) to make the things more bearable...  :-\

Isn't savings extra money?  It was save because you have more than enough for your daily expenses and monthly dues.  So I think using savings to buy BTC does qualify in buying with extra money but of course it is up to you if you can afford those money to lose if something not good happen to the market.


No one is forcing you to invest in Bitcoin and nothing is to whine about it.  If you can't afford to lose then better not invest your money.  If you are in a dilemma of wanting to invest in BTC but you cannot afford to use your savings then find another source of income and use the money that you earn from it to invest in Bitcoin.

everyone should be practical these days. if you feel you are not ready to let go a specific investment because you can't afford it, better invest it in a more solid asset.it is true that no one is obliging you to invest in this market, by all means, it is your own will to put money into this market. no one will take care of your assets but yourself, so you need to be smart about it. if you lose, no one will give you money to supply what you've lost. think about it.

Suggesting what one can afford to loss is to limit the lower the risk with cryptocurrency investment. With bitcoin investment the risk is very low, but the same could end up with loss if we're unlucky. In emergency when we go to cashout, maybe the market is at its downturn and the same will disturb our investment. For this reason it is suggested to invest the extra money. With middle class people it is a must to take risk, only then it is possible to move to the next level of lifestyle.

Investing with excess money is relatively low risk. If you use the money you borrowed to invest, you will bear more if the investment fails. Investing your stored money is less risky than investing with a loan. Most really don't have any extra money. But you can plan to save a little money every month for investment. Money is earned, not saved.

I was always investing only what I can afford to lose. I find it really strange and hilarious when people ask if they should sell their car or take a loan to buy BTC in a bear market. And someone is actually doing it!

I would say a lot of people are doing that. Some of such stories are even publicized and somewhat celebrated by the public when it gets reported.
After the initial pump of Bitcoin is 2017, many people just heard about it and felt they missed a huge opportunity to get rich, quick. To make up for this, they get a bit desperate and start to throw in more money than they can afford to lose, just to get a bit of the pie.

This desperation and greed make them to see slow, regular investments of low amounts (<$50) as a waste of time, even though that's what they can afford at the time. They instead throw entire savings into the market, so when it multiples, they have more profits. More often than not, they get burned out.

In my own opinion I think it’s actually a subject of your personality. For example I believe in Bitcoin I see it more than just an investment, so if I am holding some bitcoin I don’t see it as a potential loss or a potential profit maker.

When you rule applies is to those investors and not just any investors, to those who does not have enough capital to maintain bitcoin investment. But if you have the option to hold Bitcoin rather than Fiat and you have some Fiat to keep you going daily fine why not.

It will be easy for people who are getting a salary from their job to use a small amount of their total salary to invest in bitcoin and have a bitcoin investment. But unfortunately, only some people are working and have a salary, so it is difficult for them to invest in bitcoin. But they can still try to save up a bit of cash to buy bitcoin, especially now.

I don't always have the extra cash I use to buy bitcoins, so I only buy bitcoins with the extra money I can afford. Everything looks fine, as I'm trying to buy at a time when the bitcoin price is falling.

Yes, it is correct that we should only invest in cryptocurrency with money that we can afford to lose because it carries a certain amount of risk. The money you are expected to invest in cryptocurrencies is the money that will not too affect you when you lose, especially like investing 10%, or 5% of your monthly or annual income in bitcoin is not a bad thing, and I believe if anything happens in the crypto industry that will not affect you because you have x10 or x9 of the money. However, when they advise us to invest only money we can afford to lose, I don't think they are talking about extra money.

As for me, I don't believe there is extra money since I think you will utilize money for something, unless you don't want to. According to what I understand, when anything is described as extra, it is excess.is there anyone with excess money that he/she want to lose? Nothing like that.

"Invest only an amount you can loose" means that you should not invest all the money you have. Nobody likes to loose money unnecessarily, so to every one making a tangible investment with bitcoins, it is surely an amount they will not be happy loosing. Invest only an amount that you can loose means do not put all the money you have into bitcoins especially when you are in the position where you are not expecting any money from any source.

If you have a stable source of income, and you are always expecting money from the sources, you can invest all the money you have at hand to buy a good amount of bitcoin when the opportunity arises, knowing that you are expecting money to sustain your lifestyle.

Invest when you are afford to lose, I agree.
Invest when you use your extra money for it, I agree with OP too.

Using extra money to invest means after investing, we have a saving (not is used for our investment) to use for emergencies.

I disagree. We can not control things happen in our lives, in society around the world. Pandemic, great recession are what we don't expect but can not stop it when they come. Stable jobs, I am not sure that we will be able to keep stable jobs when a pandemic, a great recession comes.

2022 is a year many Big Tech companies fire many employees. It did not happen in many years and I believe many of fired people thought they had stable jobs.

Money is never extra, in my opinion, in this case it is just those coins that you could add to your savings but you might as well do something better with it.

You can allocate a specific percentage of income for bitcoin buying but this will vary depending on the time of the month and the price of bitcoin. You dont want to spend your allocation when bitcoin is at all time high, some months you might not get any price worth buying at all, you have to patient.

Always invest what you can afford to lose and forget, dont take emergency funds to trade or gamble. I keep the money in store for the bear market, usually buy during that time only.

This is really debatable because you know that for most poor or middle-class people, their income is just enough to cover their basic needs, so they either need to save or take out a loan to invest, and regardless of which of those two options they choose, the outcome is the same: you can't afford to lose it because you worked hard to get it. But if we say, "Are you willing to take the risk even if you will lose it?" is another big topic since the poor, on the other hand, will not achieve what they want now (to be rich) if they do not take risks, unlike the rich, who have extra money that they can afford to lose. 

No recommendation can be universal. If you are told to only invest in btc money that you can lose, this doesn't mean that this advice applies to you. In general, you don't need to blindly follow all the advice, but you need to take into account the features of your case and proceed from this. What I'm saying is, if you're willing to take the risk and invest in btc not only the extra money you can afford to lose, but also the savings you're going to lose that would be critical, then go for it. Don't wait for the approval of others, but also don't complain later if something goes wrong (although I highly doubt btc will get into trouble). These are only your risks and your responsibility.

For me every spare money after all monthly expenses are paid with bills, food and basic needs in general, is "money I can afford to lose". If I'm not going to use it for btc investment, I'm going to "lose" it in another ways: I will buy clothes or acessories, eat out, gift someone...

And if I simply save that spare fiat on my banking account monthly, I will be literally losing money to inflation. So the truth is that for middle class and poor class, if you don't invest in bitcoin, you don't have any other worthful methods to invest or save your money.

Pity those working at Twitter when they have such an eccentric boss that won't hesitate to axe anyone the moment they're in his sights.

If you can't afford to lose money, don't invest right away. Because we cannot guarantee that Bitcoin will increase in value immediately after purchase. You may need to hold for several years or even decades to recover your initial investment. As a result, it's risky. Rather, you could invest a small amount from your savings, even if it isn't extra. Purchase a small amount every month. It shouldn't have an impact on your daily life. Save money from other sources, for example, if you are a smoker, quit smoking and invest your savings in Bitcoin. Don't put your daily expenses at risk.

I follow that only when it comes to gambling. Gamble an amount only which you can afford to lose.
When it comes to investments, I make sure to diversify the amount in such a way that the risk decreases.
In fact, most of my income goes to investments, and then rest is divided into savings and expenses.
So I guess in today's date the phrase invest only which you can afford to lose doesn't hold true because the more we invest in the right assets the more we profits we get.

Diversification is essential if you intend to invest in a coin for which you intend to spend a big amount of money. I am glad that you can still save and, at the same time, have investments. I'm sure you're earning a lot because you can do it all, but because my current source of income is that I can only save (albeit with difficulty), I don't have spare money to invest in something, so whenever I earn bitcoin, that's when I'll invest (reinvest or hold). 

Now there is something you have to get very clear about investment whenever you heard people saying invest with your extra money. It is 'Biconditional statement' that doesn't truly mean you should invest with your extra money but rather what it means is " A money which if you lost may not cause any damage or a heart attack" or being fainted for the sudden shocked. Which is why people always termed it to be an extra money or a spare money, naturally you and i knows that no one keeps extra money rather than savings because everyone always have what to do with money. Is just a word of wisdom to avoid stories that touches, like some people could likely used their rent or tuition fee for investment thinking they would make it 4x before getting the rightful day to use the money and if it happens that everything went against them then they regret why making such mistake to use their money for investment.

Bearish market or not, it's important to invest only amounts that you aren't really needing A.K.A extra money because BTC investing is a long game. If you invest your primary money in Bitcoin then there's a tendency that you will pull it out because you will be needing it or also you are scared when you see that the price is going down.

If we don't have an extra money then why not find a side job and then use that earnings to buy a BTC? There is a signature campaign too in this forum that pays in BTC but first, you still need to learn about the blockchain and crypto so that you can relate on the discussions here. This ain't easy but worth it at the end.

There is also a difference in patience when you do it that way as well. If I am putting 50 bucks a month and keep doing that for the next 30 years then I will get rich and I won't be feeling like I need it because who needs extra 50 bucks a month? Sure some people do, there are 8 billion people in the world and I assume not many can do it, but I can and I would say it wouldn't be needed and I can wait.

However, if I sell my car lets say and invest that into bitcoin and it goes down? I would not be able to wait as patiently as I could otherwise, because in this situation I sold my car, and I want it to go up so I can buy a better car, but if it goes down then I can't even buy the same car back.

Even If the money you earn their is no extra for you to invest you can still buy bitcoin in smaller amounts.  You don't need wait to get big money or use all you have to buy bitcoin in big amount before you can. You can buy bitcoin  of small amount,  atleast $4 from time to time,  accumulate it till it gets to the amount of that you want.

What’s the point of buying $4 bitcoins, there is no value in doing so I think you lose more money that way. Imagine I buy $4 bitcoin daily from an exchange for 3 months, I will be charged a fee for each $4 I pay out of my account. Honestly imo if $4 is what you can afford to lose on a weekly basis I don’t think buying bitcoins with that money should be priority. I imagine a person that can only spare that amount is barely living above the poverty line. 

I can recall some people even going so far to make a loan or borrowing money in Trading Discussion board to invest it because they just do not have any money at all like come on. It is not like Bitcoin would cease to exist anyway and you could potentially buy more in the long-term considering that you would be saving up while working on 9-5s.
It is a risky game indeed like others mentioned in here, but like many mentioned before, "you cannot remove risk, but you can manage the risk.".

That is the advantage we can get from investing in bitcoin because we can buy bitcoins in smaller amounts. And if we can consistently buy it, I'm sure our number of bitcoins will increase and be ready to be sold at very high prices. This is a long process that must be passed by someone who wants to implement the DCA strategy but it is worth trying, especially if you have free money that we can use to invest in bitcoin. So this will return to our decision to invest in bitcoin or just watch the price fluctuate.

Whenever we hear about some people doing money in financial markets and especially on cryptocurrencies I remember the golden sentence of invest what you can afford to lose because whenever you enter the financial markets you should be ready to even lose all your funds and all the money you have just in a few minutes, besides that if you mentally really for everything happening to your money you can have a plan even for the money when you are out of money.

There is no compulsion in investing in anything per se, if you have money you invest in other assets and that is how things work in the world. Even if i wanted to invest in any stock or any other asset, i do encounter the risk but since you are able to make a calculated risk you move forward with the investment and so is the case with BTCitcoin, only invest if you are willing to hold for a longer period of time.

I don't know how you manage your finances.
Do you really use all your income to buy Bitcoins?.
If so, how can you meet your daily needs if you drain all your money to buy Bitcoin?
Do you want to get rich quick by expecting a lot of returns from the Bitcoins you buy quickly and instantly?

I assume you are not a new person or a beginner investing in cryptocurrency, right?
How can you think and have such an understanding?
Sorry bro but I think it's a bit ridiculous if you don't know the risks when investing in Bitcoin.
Or maybe you are not good at managing your finances.

It seems to me that most people have extra money and can invest as long as they manage their finances well.

Precisely!  Bitcoin is a marathon, not a sprint, so we do not need to panic buy, we can buy BTC little by little in an amount that won't make any impact on our financial budget.  If accumulated little by little in due time (5 years to 10 years of accumulation) will be a huge enough life changer if somehow the price of BTC on the 11th to 15th year is 20x the price of the 5th year.

The sayings are not wrong you know because onset as a reasonable investor, you will have that knowledge of investing what you can afford to loose at any point in time because of so many reasons which you must know. As a smart business man or woman who you are, if you do not have extra funds which you can afford to loose, just as you have said and you feel like still investing, make sure to take your profit and do well to have a benchmark for that so that you do not go below or above standard but however, when investing you should know that you the market is volatile and you should know more about market volatility to be in the right track as to when to invest and when to collect profit to be on the safe side.

Investing extra money into cryptocurrency is a wise decision, because we don't know how far this lasts in the market. With bitcoin investment the story is different. You've got good amount to invest, going for it is the wise decision than keeping it as fiat or investing into other schemes.

With bitcoin only difficulty is you need to hold and have the patience to experience the growth. Maybe on emergency requirement the market might be at the bottom and one might experience loss while cashing out.

How about the money you are using when you do buy some of your wants or leisure things? Like instead of you buying liquor or cigarettes, try to use them to buy Bitcoin instead.
Or instead of buying some luxury items, go with the ones you can afford, and the excess funds, use them to buy Bitcoin so you can say that, you can afford what you will lose for buying Bitcoin.

It's true that the middle class is hurting a lot last year with the rising living expenses due to an increase in energy prices and the double digit inflation rates. Sorry to hear that you have no money that you can afford to lose, I am in a similar position like you and but still save as much money as possible. The term "money we can afford to lose" is also a bit misleading when it comes to crypto currencies, because we are not actually losing the money. As long as we are not selling any of our coins we are not realising a loss and still have our money. The main difference is that when it comes to saving money we need to distinguish if we already have a fixed goal for that money. For example, if we need the money to buy a new car in a few years or renovate our apartment then we really can't afford to lose that money. But if we only save without a specific goal than we should be saving our money in more risky assets. The problem is that if we need our savings at fixed point in the future, than we are going to be forced to sell our crypto coins at that time no matter the price. And if the prices are much lower then we are going to make a big loss. The best is to split out our savings across all types of assets, so that we always have one position we could sell that is in the green.

No matter how little or how much you'll be investing in Bitcoin, it is still okay because it will pile up when you keep purchasing it with your extra money. Though there is still some risk, for example, if you buy bitcoin on an exchange, you will not be able to get your funds back if that exchange closes in a few years, so it is better if you have your own wallet, preferably a hardware wallet for safety. Almost all investments require patience, but bitcoin is the easiest (if you can control your emotions) because all you have to do is hold it and wait for the right time to sell, though your biggest enemy here is your mind, because in bear markets you are constantly thinking about selling it. 

If you don't have the extra funds to invest in this season, i think you can invest the little fund you have in Bitcoin, because it will be easy for you to improve higher in financial aspect. Those that have the extra money in this season will not miss this opportunity, because the price of Bitcoin is still low for both long term investors and short term investors to buy Bitcoin and hold for the price to increase higher before they can sell to achieve their profits. Don't invest what you cannot afford to lose in crypto investment than to take the risk of what you can afford to lose in your investment.

To some extent I understand the OP. The working class (who often call themselves middle class) have a tight budget and can save little. If the little they do save, they invest it, and lose it, they will feel bad, because that money could have been spent on something else. 

The advice is true, investment and more so in something volatile should be made with extra money that you can afford to lose, and to some extent if you have managed to save it and can continue to save, even if it is little, you can afford to lose it even if it hurts your finances.

You do have other options, I'm a big fan of Bitcoin but lets to make it seem like Bitcoin is the only way to go and when people don't get what they came for due to the promising things we say online they become disappointed. You can invest your spare money into a personal business. It must not be something big but anything that brings an extra income into your pocket. Investing in Bitcoin should be for long term purpose.
Therefore if you know you'll be in need of the money you want to put Into Bitcoin anytime soon even though they're extras don't invest in Bitcoin as that'll make you to be inpatient and might lead to you withdrawing your investment early while missing out on better gains. You shouldn't only put all your focus on investing extra money in Bitcoin but also consider how urgent will that extra money be needed in future.  You can call money extra now as you have enough but in future when you don't have enough will you be in need of those extra you have invested earlier.
All this should be considered before investing so it doesn't make you pull out of an awesome opportunity that would had change your financial status.

As I invest in crypto or any form of investment, I don't think about losing my money that is why I work hard and prepare all the necessary things I need before doing this. Because if we only just invest because we can afford to lose them, I think we just let these things happen instead of finding a way to avoid them. I'm not saying that losses can never happen if we do that, at least we are not expecting this to come but a profit as we are sure ourselves that we are well-prepared.

Even rich people don't just invest because they can afford to lose their money but they risk their money because they want to grow it, not to lose them.

Very true, I doubt there is any rich person out there that is not concerned about even the little investment they made, the goal of investment is to making profit, no businessman will intentionally invest to lose. Every investment involves risk, reason why the risk takers are often ahead of those playing it safe.

Here's the thing, you need money in order to make money. You need the proper knowledge and control over your risk management. If you do your analysis properly, you have fewer chances to lose your assets. If you can manage to be sure that you can make profits, only then put your money in that you are afraid to lose. After making the profit, withdraw the main balance from the investment and put your profit in again. Then try to make that profit double or triple. Then repeat the same thing again and again. That will become your extra money that you aren't afraid to lose.
This is how I do it. Don't know if this will help you or not. If it does, then let me know.
~tjtonmoy

That is the difference between savings and expense. If you are not in need of it right now then there is no problem, that's fine if you need it in the future because you are saving exactly for that reason. If you could end up not spending it for 3 years but then when something huge happens and you cash it all out and then spend it to cover it, that's a great thing.

I did it before, I made insane amount of money for me, nearly 4-5 years worth of salary, thanks to my investment, I could have bought a small tiny house with it, not something big but like 700-800 square feet in a bad apartment in a bad neighbourhood for example, not a great investment but to explain the amount. I had to pay it for hospital bill and I was so happy about it, because I didn't go into debt at all.

I agree, but we are talking about Bitcoin investment so I do not think that money will be lost here. Bitcoin had established its market, it may go up and down but if we happen to familiarized ourselves in the cycle, just a little patience when the market is down can give us good profit when the sentiment changes and Bitcoin price surge.


Yeah buying BTC little by little won't affect our daily and monthly expenses.  Other wanted to buy huge amount in one go that is why it hurts their finances.

Money you can afford to lose doesn't necessarily mean extra money that you have lying around. Money you cam afford to lose is well, momey that will not be that detrimental to lose and/or can easily be recovered through various means. If you can easily recover the money through employment or whatnot, then that means it's money you can afford to lose. My rule of thumb is that if it doesn't starve me to lose it, doesn't cause me to lose light and water as well as internet connection, then that means it's money I can afford to lose and can use to invest in crypto.

The honest truth is that no one has extra cash. Every single money in your hand or account has it purpose unless you choose to ignore some and use the money for something else. So when you hear money you can afford to lose, it simply means money that can not affect your life even you absolutely lose it and it won't affect your psychological health. Both the less privileges and riches have money they can afford to lose.

The topic on how much money to put into Bitcoin or other more risky cryptos is a complex one. It really depends a lot on your financial and general situation in life.
Generally I like the idea of taking a certain percentage of the funds you have available to safe / invest and put these into stable crypto projects, ideally cost-averaging over several months.
"Money you can afford to lose" is also a relative term. If you would have spent the same money on a vacation, some consumer products or partying instead you would have "lost" it, too - so I think there is almost always room for improvement / room to save money and use it for something different instead.
Bitcoin investment seems like a good alternative with the money saved by avoiding your usual spending-habits.

Every investment, of course, will not always be profitable, so it is very important for us to manage the funds we want to use as investments and it is always recommended to use funds that can afford to lose, personal experience so far, every time I receive monthly income, I will use 15% I use these funds to invest and I use 25% as savings or as emergency money and I use the remaining 50% for daily basic needs.

Yes those people who are not having any extra savings comes under the category of lower class whose income level is really low and they live on their regular salary funds.But they didn't need to invest because we should be aware that funds are at risk of investment so they can't afford to loose that money saying from that perspective.We also need to have some extra funds in case of emergency and btc is not acceptable everywhere at the time so we need fiat.Invest in btc after analysing the whole market conditions and if you can invest in it.

Do you consider your extra money as your savings? Then I guess there is really not much of a difference but some wordplay mentioned by OP but I do get your point. But in all honesty, investment is a choice and allocating a portion of your resources should be a decision that you have to make.

Like what I always mention, investing in cryptocurrencies does not guarantee profit- there has to be some effort, patience, and understanding being used by the person in order to take advantage of the high volatility of BTC.

At the end of the day, a person should invest with an open mind. He/she should understand that there is that risk present of losing or reducing your initial investment in order to at least be ready on the outcome.

Money that you can waste would be a better term to apply, would it not?

Truly it is like that and we all have no amount of cash to spare. This can be changed by reducing expenses that could be reduced and starting an allocation for investment. This cannot happen right on day one but a few months might help you understand the division. It is all about making room for every investment in your folio so you can be the best of all.

If you still cannot allocate, then trading probably is not for you, in case you forcibly try to do it you might find yourself lacking in liquid cash at hand.

In my opinion, extra money is money that is used after meeting all the needs of a salary or other regular income, and extra money is broad, including what you get from a business or whatever. And if the results or profits are not used or for important purposes, then it can be said to be additional money that can be used for investment.
and extra money is not money for wedding capital or needs or goals for important things for future goals that you plan, and extra money money that is really not used and you can use to invest.
saving for investment in my opinion is wrong, and you have to make savings and investments separately. And saving is an obligation and not from additional money and aims for sudden needs or needs that really need money and you can use these savings without disturbing your investment.
investment goals for your future or old age that you will not use during your trip and until you actually get a satisfactory profit in the future, and if you are saving to invest are you sure you will not use it when you really need it and also when the market is not friendly or things are down.

and what I mentioned is for everyone and they can do it if they really want to do it, and it doesn't matter how much or how little extra money they have to invest, because I think that's the best way for everyone.

At the end of the day @OP is talking about the extra money that he can afford to lose.  Though he has extra money to invest in Bitcoin, he is somehow tentative to part with his extra money and invest it because he can't afford it if he loses that money.  That said no matter how we explain or describe extra money, if @OP thinks that he cannot afford to lose it in an investment, @OP should not use the money to invest and just keep it as it is. 

@OP is not ready to take the risk, probably he needed more time to convince himself and find how much of his extra money he can afford to lose.  If he can't really part with his money then investment thing is not for him.  Same goes to all people who has extra money but cannot afford to lose that money.

Generally it is believed that invest only extra money in Bitcoin & other crypto currency which you can afford to lose, because they fluctuate significantly which creates panic for those who are new in this industry. But every kind of investment carries some level of risk which is important to evaluate keeping in view your risk tolerance. If you don't have extra money to lose and still you want to invest in Bitcoin, then use risk management tools to protect your investment from total loss.

Though past performance of Bitcoin doesn't guarantee that it will always give huge reward to those, who hold it for long term, but there is consensus among investors that it is less risky & best asset for investing with long term vision.

Everyone repeats this - invest in bitcoin only the amount that you are ready to lose, but I'm sure that not everyone does this. And what does the amount you are willing to lose mean? I have been buying bitcoin for a year now, I do it systematically almost every week, and my investment has already turned into a fairly significant amount for me, which I am definitely not ready to lose.

On the other hand, I believe in my investment, after a bear market, a bull market will come and bitcoin will rise. But even if we are not at the bottom now, and the fall will continue for some time, then I will continue to buy, because this will give me the opportunity to buy more bitcoin.

If it happens that bitcoin does not grow much, although I do not believe in this, then probably nothing will be able to grow in the crypto market, because bitcoin is the leading cryptocurrency that sets the pace for the market.

this is only warned for beginners because if the old traders of course they know holding bitcoin in the long term will not make them lose their money, therefore use extra money so they don't use money for their necessities of life so they don't panic selling it cheap

Investing towards bitcoins and other cryptocurrencies is truly a delicate matter especially for the middle class people, like me. It's given that we don't really have that spare funds that we can afford to lose, that's why it is really important to know the coins first that we are investing into and always do your own research before investing in such coins because the risks will always be there as the coins are so volatile.

In my opinion if you are a Student or a parent than Save some money and can invest in crypto or anything else that can be good for the future. In our areas people buy lands and they think that that's the future and thus Bitcoin holding in future can be as good and many people are still storing this.

If you can't afford to lose, I think it's better for you not to invest. Basically every investment has the potential to lose money, want to do it in the Bitcoin or stock market, even though real estate. If you continue to feel afraid, it will be very dangerous for you, maybe your mentality will be affected if something happens to the money you invest and endanger your mental health.
Now here we are important to learn about Fundamental Investors how to invest well so as not to cause excessive stress on the mind and mentality, whether you are middle or lower class people, it is important to manage the risks that will occur in the diversification of investments that you make for the continuity of peace in investing. And the money you use for investment, I hope it's not borrowed money and not money that you intend to survive (money related to other relationships) or the amount is too large and it's only natural that you always feel worried about losing if it's according to that.
I think you have to start over with money you can afford to lose to prevent mental breakdowns.
But it would be nice for you to keep holding on to the Bitcoin that you have and continue to strengthen yourself as a Bitcoin holder because you are not alone with us here.

It seems to me that the point here is not that when investing in bitcoin there is a risk of losing your money. As long as you haven't sold your bitcoins, you haven't lost anything. The other issue is that if you urgently need the money you invested in bitcoins, for example because of illness or urgent help for your relatives. And at that time bitcoin is just at the bottom and you have no other options. That's where disappointment can really happen.

Yeah I got you, we should only invest in Bitcoins. However, there are still other options. Even if they will not give the ammount of profit Btc can provide in the future they will still give some nice profits. Take it LTC for instance, IMO and from all I have ever seen from it along its potential, LTC is also a good option to make some good profits in the next bull run.

The people who invest more than they should, even take a loan to invest are the people that drops the price. It is also a bit automatic as well, the price drops I mean. There isn't really a mechanism that automatically buys bitcoin when the price goes up, but when the price goes down, because of the high leverages and stop losses, there are situations where bitcoin is automatically sold and turned into stablecoin to pay the fee.

That causes it to drop a lot more easier than it could go up. That's unfortunate but that's true in most markets yet they go up, and bitcoin does too, and it did, so I believe even with all these combined, we would still go up no matter what happens.

We have different circumstances and situations in life, I myself would say that I've been used to the market and had invested what I can afford to lose. But honestly, bitcoin has made me more money than losses. It had given me more idea about how markets work and changed a lot of lives. It's recommended that someone has to invest with any extra money that they have instead of having their savings on it because you'll feel more emotional if you see the volatility hits your portfolio's current market value.

For me, every cents counts and I can’t bear some losses especially if all were those from my hard-earned money. But if ask whether to invest or not, I would not consider having extra money but what I should first look at to is the amount of risk that the investment has. If it’s for bitcoin, then I would take the risk and prepare for some losses, but if it’s another crypto investments, I won’t take the risk in the first place and just continue saving my money.

Newbies have to be very careful with the zeal of investing in cryptocurrency. The market is good to buy now but we have to be aware of the market and why we are buying now if it is for a long time purposes. I hope people would take advise on many things about the market before they finally goo and take then wrong decision that could make things hard for them

We are a small scale cryptocurrency user. We have no extra money from which to invest in Bitcoin. The money we earn from this crypto currency should be used for the benefit of the family. Later our investment failed. But we all should invest at least 10 to 15% of our money. This money may bring you great benefits for future planning.
And my advice to those who have the support to invest here is to invest at least 20 to 40% of your money every week. This money will become a great tool for your future planning.

As a financial advisor by trade, I would like to chime in here.  I would never recommend my clients "invest" in anything that is very volatile, especially something that is an entirely new asset class, like cryptocurrency is.  The "middle-class" typically does not fall in to the category of not being able to afford to invest/lose money in bitcoin.  Typically the middle class has a little bit of extra income to try and hit those "home run" investments.

Always make sure you've got a sound portfolio established that's on track for retirement with traditional investments ( 401k's , IRA's, brokerage accounts etc) as well as a safety net of money in case you lose your job or something of that nature.  Then, when you've established these, it's time to be able to invest in things like bitcoin.

My experience tells me that Bitcoin fixed investment is a good investment method. In fact, in 3-5 years, the investment income is far greater than other investment methods. I always believe in the cyclicality of Bitcoin, and I know very clearly that the secondary market and leveraged contracts of centralized exchanges cannot be touched. I wouldn't be around someone who made a lot of money to be jealous of others.

20% - 40% was too large an investment for a weekly basis unless the remaining 60% was a huge amount that could still buy our basic needs, but the sad truth is that even if we get 1% of our income, we couldn't invest it because our salary is insufficient. This strategy only works if you have extra money; otherwise, we must wait until we have extra money, such as bonuses or money given to us by our boss. Though if we say we really have spare money to invest, then the bigger the percentage, the better.

Crypto investing is risky and there is no guarantee of profit every time. So always invest money that you can afford to lose, never borrow money to invest or trade.
Although investing in Bitcoin and holding it for a long time can generally be profitable, we should only invest in cryptocurrencies with money that we can afford to lose to reduce risks and losses.

With this reason that's why investing is not for everybody, precisely investment into risk asset like Bitcoin is not really for everyone if you can't stick to the rules of the game involved with investment.

Secondly, If you said middle class don't have money that they can afford to lose, Then I think you really have to change your view on the way you go about investment, because this is why people end up hurting theirselves investing their life savings in a volatile crypto market and end up loosing all. Therefore, it's much better you take a little part of that savings to invest than using all.


Here's is an example of something that could help you,

 Some people spent a lot of money unecessoryly on drinks (alcoholic drinks) or other unecessory things, while this kind of money could have been saved gradually and put into some investment like buying Bitcoin and you won't regret whatsoever thing that may happen to it in the end, so these are also kind of money you can afford to lose.

The Bottom line here is from my point of view, money you can afford to lose means that they're pre-informing you about an investment risk warning that you're likely going to lose whatever money your are coming into invest, and so for safety, should ensure that it's always the money you can afford to lose so you don't have to blame anybody in the end.

Man has to conduct his daily or monthly expensive with his own plan. Every month they spend their income in various ways. Those who have more income have more expenses. I think 75 percent of people can't keep separate their income. So I can't say that I have extra money that I can invest. Since many of us don't have that ability, we have to invest in Bitcoin with what we have. What matters is the potential of the investor's invested assets. If Bitcoin is invested and has the ability to hold for a long time then it will not have much effect to use that kind of money for it. Nothing good can ever be achieved without taking risks.

Because that's how it should be, only invest an extra money that you can afford to lose since there's no guarantee of gaining no matter how promising and profitable Bitcoin can be. We still don't know what lies ahead hence its just right to invest your extra and don't have high hopes. Imagine if you invest the money meant for important things and needed already after a month and then the price of Bitcoin is not what you expected it to be, probably you'll already sell even at loss since you have no choice but to get the money that you invested.

But when you invest extra that you don't rely on, you can wait even it takes longer and that's the difference of the both scenarios. So what would be the best choice? If you can't afford investing at this moment but you're determine to do so, then do something to make it possible.

As a middle-class person, I don't have extra money but I set aside a few percent of my salary for an investment that I'm prepared if I lose it. You are the hundredth person I have met with the same case and I am just saying as long as you don't sell your bitcoins then you have nothing to lose.

The very definition of middle class is someone who doesn't live from paycheck to paycheck and earns enough money to able to make purchases at a whim, save money to retire early, etc.

And the problem with investing what you can't afford to lose is that not only there's a risk of Bitcoin crashing and never recovering, which is relatively small, but you also need to be able to withstand bear markets. From time to time people have to tap into their savings, because they have some unpredictable emergencies and needs. If this happens during a bear market while your position is in red, you have to take a loss. Managing money is more than just having "strong hands". It's about avoiding risks that are too dangerous.

Depending on your life style, you could save a part of the money you earning to invest in Bitcoin or any other asset, the markets condition we are watching is probably a one of a life time opportunity to create some wealth, one could drop unnecessary expenses or work more time in order to save money for investments.
Personally, I luckily sold a part of my Crypto holdings at high prices, thus I'm gradually getting in again now. In addition,
I'm trying to do different types of works this period to save additional money.

Extra money is just something of the mind, even the so called rich people don't have extra money some where, all money are very important is just that there are some levels of tranquility we all can spend some changes and see it as nothing, a middle class person can overlook $0.5 but will be hard for poor person and same goes for rich person and middle class person.

One of the great properties of Bitcoin remain unrealized loss, nothing gives peace of mind when you know that as long as you don't sell, you have nothing to lose but seems those who sell their bitcoin at loss or fair losses doesn't know bitcoin more than they actually think. Bitcoin remain one of the outstanding investment anyone would want to have in life because you have nothing to lose.