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Bitcoin => Bitcoin Discussion => Topic started by: Elwar on November 02, 2014, 09:44:24 AM



Title: Don't invest more than you can afford to lose
Post by: Elwar on November 02, 2014, 09:44:24 AM
I see this quote all the time, thanks dad but I can figure out how much I have to invest. When the price was $17 I took out $10k from my Roth IRA and bought bitcoins. Was that more than I could afford to lose? What does that even mean? Most people with a job can lose everything and because they still have a job they can keep going.

So fuck it, here's my advice. Invest everything you can put together. The price is damn low and we're probably within 10-20% of the bottom (current price, $325). Drop your damn Roth...they'll find a way to tax it when you retire. Investing more than your company's matching into your 401k? Fuck that, dump it into Bitcoin. Any equity on your house? Refinance, put all of that money into bitcoins...the dollar will lose value in the next 30 years to the point where your $100-$300k mortgage will be pocket change.

Do you have a job? If tomorrow your Bitcoin investment went to $0 would you still be able to live? Then dump it all into bitcoins...now.

I am sure this thread will be riddled by people trying to "save you" from yourself. I'm here to help you. Am I just trying to pump up the price? No, the people reading this thread likely do not have enough money to change the price but a few dollars. Plus I sold the bitcoins I got from my Roth back when the price was $12, below what I paid for them (though I am still buying). I've just seen the warnings year after year since the price dropped to $2 and people were panic selling.

Investing involves risk, higher risks tend to come with higher rewards. Donald Trump is worth billions but at one point was in debt over $900 million. Was $900 million more than he could afford to lose?

Invest what you want, it's your life. Live it.

Here is a nice wall of shame of a sampling of posts saving people from themselves when the price was in the single and double digits.

Don't invest more than you are willing to lose.

not to invest more than they can afford lose.

Don't invest more than you can afford to loose.

Don't invest more than you can afford to completely lose.

You should never invest more than you could afford to loose.

don't invest more than you can be comfortable losing.

Trading Rule #1: Never ever invest more than you can afford to lose.

remember not to invest more than you can afford to lose.

NEVER INVEST MORE THAN YOU CAN AFFORD TO LOSE.


Title: Re: Don't invest more than you can afford to lose
Post by: e1ghtSpace on November 02, 2014, 09:56:24 AM
My grandma is dying. Should I pay her medical medical bills? Nah, I can afford to lose her. Jks.

The problem with investing is that some people will be very angry with themselves if they do lose their money. You naturally think "Argh, why did I invest in Bitcoin? I should have invested in xyz."

But as you say, you have to take risks if you want to earn big.


Title: Re: Don't invest more than you can afford to lose
Post by: Madness on November 02, 2014, 10:24:37 AM
I make money online , going to school and never spend my money  ::) , so I think I can actually invest all my earnings . actually I only have less then 1 BTC , a lot less. I just don't know if it's worth it and if it will rise again and how much ... I know I know it's a long term investment


Title: Re: Don't invest more than you can afford to lose
Post by: BayAreaCoins on November 02, 2014, 10:33:50 AM
Sell all your shit and yolo :P


Title: Re: Don't invest more than you can afford to lose
Post by: bornil267645 on November 02, 2014, 11:05:03 AM
We need all the investment we can make this Bitcoin market even more stable. It will also bring more people into it


Title: Re: Don't invest more than you can afford to lose
Post by: CryptoCarmen on November 02, 2014, 11:06:00 AM
I cant lose nothing so i should invest nothing?
How much profit i might get with investing nothing?


Title: Re: Don't invest more than you can afford to lose
Post by: nor9865 on November 02, 2014, 11:09:14 AM
Basically you're telling us to invest all we have into a cryptocurrency that still hasn't fully proven itself and has been around for 5 years.

I agree that people should invest, but everything into 1 commodity/currency is much too risky.

"Never put all your eggs in one basket"


Title: Re: Don't invest more than you can afford to lose
Post by: Elwar on November 02, 2014, 11:19:53 AM
Basically you're telling us to invest all we have into a cryptocurrency that still hasn't fully proven itself and has been around for 5 years.

Yes

http://realestatenews.net.au/wp-content/uploads/2013/03/go-hard.jpg


Title: Re: Don't invest more than you can afford to lose
Post by: Krang on November 02, 2014, 11:23:53 AM
It might be cliche but it's just a friendly warning and good advice. Some people come into bitcoin thinking it's a sure fire way to get rich quick when clearly it isn't. Those that rushed in to invest all their money buy buying in at its peak are now wishing they didn't, so it's good advice, but obviously pretty logical.


Title: Re: Don't invest more than you can afford to lose
Post by: hasherr on November 02, 2014, 11:27:13 AM
My advice is to invest according to your personal belief in bitcoin. Like express your own belief by helping bitcoin ecosystem and buying stocks (coins). Dont buy because dudeX on the forums told you so.


Title: Re: Don't invest more than you can afford to lose
Post by: o_o on November 02, 2014, 11:37:39 AM
"Don't invest more than you can afford to lose". This is one of the better sentence that I've ever heard, but you have to consider that if investment is good, people will try to invest all of their goods because all people wants to be rich.


Title: Re: Don't invest more than you can afford to lose
Post by: hasherr on November 02, 2014, 11:47:26 AM
Yea, if there is 100% way to get rich, noones talking about it. They are making money as fast as they can until masses came and bring profits down. If someone is telling you that bitcoin is sure deal, he is trying to play you for his personal gain. I think bitcoin is revolutary tech, but it is impossible for me to look person in the eye and tell this is sure deal. It is not.


Title: Re: Don't invest more than you can afford to lose
Post by: Daniel91 on November 02, 2014, 11:48:29 AM
"Don't invest more than you can afford to lose" is really good advice but for the new, inexperienced people, is very hard to make smart decision regarding any investment.
People often tend to believe in some ''new'' business concept and idea, and see this project as solution for their financial problems, way to get rid of regular job, boss etc.
If to much emotions involved, it's very easy to cross the line and invest much more than you can afford to loose.
In such situations is the best to talk with someone, wait and think twice.
Bitcoin can looks like great investment opportunity but in today's changing society you never know.
It's better to be careful than sorry because of to many unrealistic expectations.




Title: Re: Don't invest more than you can afford to lose
Post by: 311 on November 02, 2014, 11:48:47 AM


Invest what you want, it's your life. Live it.

How is this any different or any better advice? People shouldn't be encouraged to recklessly invest money into something just because it's 'their life' and they should 'live it' which is a given anyway.


Title: Re: Don't invest more than you can afford to lose
Post by: erre on November 02, 2014, 11:56:41 AM
YOLO your home could be a little too much, but...

http://lowres.jantoo.com/business-stockbroker-stock_market-jump-jumpers-stock-16509678_low.jpg


Title: Re: Don't invest more than you can afford to lose
Post by: bitcoinaliens on November 02, 2014, 12:22:47 PM
I only got in this year, I'm down, meh, I agree with Elwar, I'm buying a bit more to average out, If it goes to $0 I still have income...

the thing I cant let go of is the thought of "what if I didin't invest and it did get big?" What would I miss out on there in terms of lifestyle change, being able to help my family, start more interesting and bigger businesses... personally I want to take the risk, live a big life, or at least aim for it and keep trying :)


Title: Re: Don't invest more than you can afford to lose
Post by: Pingu on November 02, 2014, 12:31:42 PM
Only the rich can ever afford to lose money, most of the rest of us can't and investing is maybe one of the ways we can make a bit, but obviously it's not guaranteed but there is always risk with investment. Sometimes you just need to take that chance but obviously don't sell everything you have to do so.


Title: Re: Don't invest more than you can afford to lose
Post by: james martin on November 02, 2014, 12:38:35 PM
I see this quote all the time, thanks dad but I can figure out how much I have to invest. When the price was $17 I took out $10k from my Roth IRA and bought bitcoins. Was that more than I could afford to lose? What does that even mean? Most people with a job can lose everything and because they still have a job they can keep going.

So fuck it, here's my advice. Invest everything you can put together. The price is damn low and we're probably within 10-20% of the bottom (current price, $325). Drop your damn Roth...they'll find a way to tax it when you retire. Investing more than your company's matching into your 401k? Fuck that, dump it into Bitcoin. Any equity on your house? Refinance, put all of that money into bitcoins...the dollar will lose value in the next 30 years to the point where your $100-$300k mortgage will be pocket change.

Do you have a job? If tomorrow your Bitcoin investment went to $0 would you still be able to live? Then dump it all into bitcoins...now.

I am sure this thread will be riddled by people trying to "save you" from yourself. I'm here to help you. Am I just trying to pump up the price? No, the people reading this thread likely do not have enough money to change the price but a few dollars. Plus I sold the bitcoins I got from my Roth back when the price was $12, below what I paid for them (though I am still buying). I've just seen the warnings year after year since the price dropped to $2 and people were panic selling.

Investing involves risk, higher risks tend to come with higher rewards. Donald Trump is worth billions but at one point was in debt over $900 million. Was $900 million more than he could afford to lose?

Invest what you want, it's your life. Live it.

Here is a nice wall of shame of a sampling of posts saving people from themselves when the price was in the single and double digits.

Don't invest more than you are willing to lose.

not to invest more than they can afford lose.

Don't invest more than you can afford to loose.

Don't invest more than you can afford to completely lose.

You should never invest more than you could afford to loose.

don't invest more than you can be comfortable losing.

Trading Rule #1: Never ever invest more than you can afford to lose.

remember not to invest more than you can afford to lose.

NEVER INVEST MORE THAN YOU CAN AFFORD TO LOSE.

Do not finance more than you can have enough money to lose


Title: Re: Don't invest more than you can afford to lose
Post by: belk on November 02, 2014, 12:39:47 PM
My grandma is dying. Should I pay her medical medical bills? Nah, I can afford to lose her. Jks.

The problem with investing is that some people will be very angry with themselves if they do lose their money. You naturally think "Argh, why did I invest in Bitcoin? I should have invested in xyz."

But as you say, you have to take risks if you want to earn big.

If shell die, just dont question her if she will pay you a visit.


Title: Re: Don't invest more than you can afford to lose
Post by: Bitcoin Magazine on November 02, 2014, 01:32:15 PM
My grandma is dying. Should I pay her medical medical bills? Nah, I can afford to lose her. Jks.

The problem with investing is that some people will be very angry with themselves if they do lose their money. You naturally think "Argh, why did I invest in Bitcoin? I should have invested in xyz."

But as you say, you have to take risks if you want to earn big.

If shell die, just dont question her if she will pay you a visit.

shell don't die!!  shell is alive!!!!


Title: Re: Don't invest more than you can afford to lose
Post by: Unkle on November 02, 2014, 01:40:42 PM
The problem with investing is that some people will be very angry with themselves if they do lose their money. You naturally think "Argh, why did I invest in Bitcoin? I should have invested in xyz."

But as you say, you have to take risks if you want to earn big.

Most people who invest or want to invest do so to get rich, so they're going to get angry with themselves whatever happens. If it tanks they'll cry, if it rises exponentially they'll cry that they didn't invest more. Some people will never win.


Title: Re: Don't invest more than you can afford to lose
Post by: pissedoff on November 02, 2014, 01:45:10 PM
I'm not as crazy as some of you and have invested around 70% keeping some to keep me going and alive just in case it falls on it's face.


Title: Re: Don't invest more than you can afford to lose
Post by: btckold24 on November 02, 2014, 01:46:46 PM
totally agree with OP - BTC will double in no time. Have any clue how long an IRA with take to double?  Buy now and sell half at 500$ and half at 600$


Title: Re: Don't invest more than you can afford to lose
Post by: Finchy on November 02, 2014, 02:29:07 PM
The problem with investing is that some people will be very angry with themselves if they do lose their money. You naturally think "Argh, why did I invest in Bitcoin? I should have invested in xyz."

But as you say, you have to take risks if you want to earn big.

Most people who invest or want to invest do so to get rich, so they're going to get angry with themselves whatever happens. If it tanks they'll cry, if it rises exponentially they'll cry that they didn't invest more. Some people will never win.

The best thing to do is get involved because you believe in the technology. I've invested as much money as I'm comfortable in bitcoin, now I concentrate on trying to earn as much as I can in whatever way I can. I still believe in the bitcoin but the price fluctuations are a cause for concern for me to keep investing my own money into.


Title: Re: Don't invest more than you can afford to lose
Post by: AdamSmith on November 02, 2014, 04:35:05 PM
A simple truth that no one will follow when times is good. Everyone is risking every dime they have until the tide changes and wipe them out naked.


Title: Re: Don't invest more than you can afford to lose
Post by: ninjaskip on November 02, 2014, 05:14:51 PM
Never invest more that you want to loose.
Welcome to crypto  ;D


Title: Re: Don't invest more than you can afford to lose
Post by: Sophokles on November 02, 2014, 05:30:32 PM
Never invest more that you want to loose.
Welcome to crypto  ;D

Don't get into debt, but as long as you got a job that pays for your daily expenses: all in.


Title: Re: Don't invest more than you can afford to lose
Post by: Gleb Goodston on November 02, 2014, 05:43:02 PM
Never invest more that you want to loose.
Welcome to crypto  ;D

Don't get into debt, but as long as you got a job that pays for your daily expenses: all in.


This is the idea which will either make you poor or rich.


Title: Re: Don't invest more than you can afford to lose
Post by: yraskk on November 02, 2014, 06:16:14 PM
Good thing but people are very stupid and wants to invest to get more and more money when in the more case they lose all of their investment ! (I say this for people which invest many money in HYIP).


Title: Re: Don't invest more than you can afford to lose
Post by: pablo4345 on November 02, 2014, 06:19:51 PM
Good post. If you are young and with a stable job, then go all in. If you are close to retirement and cannot afford to lose all your savings, then don't invest it all.

My 2 cents.  ;)


Title: Re: Don't invest more than you can afford to lose
Post by: Some1else0 on November 02, 2014, 06:23:11 PM
I currently have $1600 invested :).


Title: Re: Don't invest more than you can afford to lose
Post by: segvec on November 02, 2014, 06:31:36 PM
I would say to pump all of your funds into btc right now.
If it were under $299, sure...but no one knows what the bottom is right now (just a rough estimate).


Title: Re: Don't invest more than you can afford to lose
Post by: Gleb Goodston on November 02, 2014, 06:32:14 PM
Good thing but people are very stupid and wants to invest to get more and more money when in the more case they lose all of their investment ! (I say this for people which invest many money in HYIP).

HYIP is just stupid to invest unless you are a early invester looking to make a quick few bucks otherwise everyone loses out in the end.


Title: Re: Don't invest more than you can afford to lose
Post by: FattyMcButterpants on November 02, 2014, 06:36:09 PM
I see this quote all the time, thanks dad but I can figure out how much I have to invest. When the price was $17 I took out $10k from my Roth IRA and bought bitcoins. Was that more than I could afford to lose? What does that even mean? Most people with a job can lose everything and because they still have a job they can keep going.

So fuck it, here's my advice. Invest everything you can put together. The price is damn low and we're probably within 10-20% of the bottom (current price, $325). Drop your damn Roth...they'll find a way to tax it when you retire. Investing more than your company's matching into your 401k? Fuck that, dump it into Bitcoin. Any equity on your house? Refinance, put all of that money into bitcoins...the dollar will lose value in the next 30 years to the point where your $100-$300k mortgage will be pocket change.
This is horrible advice. Bitcoin is far from certain to succeed over the long term, and even if it is successful it is far from certain that it's price will continue to see the dramatic returns that we saw over the past few years.

In your "story" you failed to mention the overall value of your IRA as well as what happened to your investment gamble in bitcoin.


Title: Re: Don't invest more than you can afford to lose
Post by: LiteCoinGuy on November 02, 2014, 06:40:59 PM
I see this quote all the time, thanks dad but I can figure out how much I have to invest. When the price was $17 I took out $10k from my Roth IRA and bought bitcoins. Was that more than I could afford to lose? What does that even mean? Most people with a job can lose everything and because they still have a job they can keep going.

So fuck it, here's my advice. Invest everything you can put together. The price is damn low and we're probably within 10-20% of the bottom (current price, $325). Drop your damn Roth...they'll find a way to tax it when you retire. Investing more than your company's matching into your 401k? Fuck that, dump it into Bitcoin. Any equity on your house? Refinance, put all of that money into bitcoins...the dollar will lose value in the next 30 years to the point where your $100-$300k mortgage will be pocket change.

Do you have a job? If tomorrow your Bitcoin investment went to $0 would you still be able to live? Then dump it all into bitcoins...now.

I am sure this thread will be riddled by people trying to "save you" from yourself. I'm here to help you. Am I just trying to pump up the price? No, the people reading this thread likely do not have enough money to change the price but a few dollars. Plus I sold the bitcoins I got from my Roth back when the price was $12, below what I paid for them (though I am still buying). I've just seen the warnings year after year since the price dropped to $2 and people were panic selling.

Investing involves risk, higher risks tend to come with higher rewards. Donald Trump is worth billions but at one point was in debt over $900 million. Was $900 million more than he could afford to lose?

Invest what you want, it's your life. Live it.

Here is a nice wall of shame of a sampling of posts saving people from themselves when the price was in the single and double digits.





 :D like it.

we say that phrase to newcomers in the BTC space because its a good and careful advice to them. i would still do that.

but when you are longer in this BTC space, you invest more. not everything, but more.

to be honest: bitcoin is a high risk investment. you/we have to live with that.


Title: Re: Don't invest more than you can afford to lose
Post by: Elwar on November 12, 2014, 04:05:02 PM
I see this quote all the time, thanks dad but I can figure out how much I have to invest. When the price was $17 I took out $10k from my Roth IRA and bought bitcoins. Was that more than I could afford to lose? What does that even mean? Most people with a job can lose everything and because they still have a job they can keep going.

So fuck it, here's my advice. Invest everything you can put together. The price is damn low and we're probably within 10-20% of the bottom (current price, $325). Drop your damn Roth...they'll find a way to tax it when you retire. Investing more than your company's matching into your 401k? Fuck that, dump it into Bitcoin. Any equity on your house? Refinance, put all of that money into bitcoins...the dollar will lose value in the next 30 years to the point where your $100-$300k mortgage will be pocket change.
This is horrible advice. Bitcoin is far from certain to succeed over the long term, and even if it is successful it is far from certain that it's price will continue to see the dramatic returns that we saw over the past few years.

In your "story" you failed to mention the overall value of your IRA as well as what happened to your investment gamble in bitcoin.

What happened to my investment in bitcoin? I lost it all. Half I lost by day trading getting it up over 800 bitcoins only to fall on bad leveraged short and long positions during the manipulation days of Bitcoinica. The other half I sold at $12 to put toward a downpayment on a house.

So ya...I lost it all (other than having some for my down payment).

But I'm still alive, I have a job. I'm still making money. The risk was high and I lost money.

But then I started buying back in at $22...$10k from my Roth is a tiny bump in the road.


Title: Re: Don't invest more than you can afford to lose
Post by: RobertDJ on November 13, 2014, 06:04:32 AM
I see this quote all the time, thanks dad but I can figure out how much I have to invest. When the price was $17 I took out $10k from my Roth IRA and bought bitcoins. Was that more than I could afford to lose? What does that even mean? Most people with a job can lose everything and because they still have a job they can keep going.

So fuck it, here's my advice. Invest everything you can put together. The price is damn low and we're probably within 10-20% of the bottom (current price, $325). Drop your damn Roth...they'll find a way to tax it when you retire. Investing more than your company's matching into your 401k? Fuck that, dump it into Bitcoin. Any equity on your house? Refinance, put all of that money into bitcoins...the dollar will lose value in the next 30 years to the point where your $100-$300k mortgage will be pocket change.
This is horrible advice. Bitcoin is far from certain to succeed over the long term, and even if it is successful it is far from certain that it's price will continue to see the dramatic returns that we saw over the past few years.

In your "story" you failed to mention the overall value of your IRA as well as what happened to your investment gamble in bitcoin.

What happened to my investment in bitcoin? I lost it all. Half I lost by day trading getting it up over 800 bitcoins only to fall on bad leveraged short and long positions during the manipulation days of Bitcoinica. The other half I sold at $12 to put toward a downpayment on a house.

So ya...I lost it all (other than having some for my down payment).

But I'm still alive, I have a job. I'm still making money. The risk was high and I lost money.

But then I started buying back in at $22...$10k from my Roth is a tiny bump in the road.
If you were attempting to leverage trade the bitcoin market then that by definition is going to be gambling despite any argument of the likely hood that the price of bitcoin will rise over the long term.

Yes you are still alive (good) and yes you are still earning money via your job (also good) however your retirement fund has taken a hit (bad). If you are very young then it may not be as big of a deal as you will have a long time to recover from the hit you took; however generally speaking it is not good to be investing large percentages of your retirement funds in something as high risk as bitcoin


Title: Re: Don't invest more than you can afford to lose
Post by: g27wr on November 13, 2014, 06:34:21 AM
I just wanted to stop in and say that I love the OP's advice. I'm 32 and have about $10,000 in BTC and I keep buying. Can I afford to do it? Who cares. I have a roof over my head and food on the table, and I believe in BTC

If I lose it all, then I pick myself back up and start on a new project. Regardless of what anyone tells you, there's always more money out there.


Title: Re: Don't invest more than you can afford to lose
Post by: TaunSew on November 13, 2014, 07:01:51 AM
Problem with buying Bitcoin is that all the easy ROI is long gone and yet current buyers assuming 100% of the risk unlike the earliest adopters.  Seems legit - exchange your real dollars for fake Bitcoins while the Bitcoin rich buy a Bugatti with your real dollars.    :D


  People who initially bought Bitcoin in 2009 when it was fractions of a penny saw like 450,000 return leading up to last November.  While today, assuming the rate of inflation is static (I don't need to entertain hyperinflation arguments), the most Bitcoin's capitalization could ever be is $Trillions.  So the ROI limit left here is like 1000x on a new investment.


1000x return so $10,000 would only net $10 million..  of course this is no guaranteed thing..  BTC could plateau at its' current capitalization forever, drop down to $0 or be replaced by a competitor.

The latter is possible I think because Bitcoin is only 500K-2M users when the internet in the late 1980s had more users.  It seems very possible that some coin better at promotion and user base expansion could simply fly past Bitcoin in months and Butters would be asking themselves what just happened.






Title: Re: Don't invest more than you can afford to lose
Post by: jonald_fyookball on November 13, 2014, 05:15:09 PM
Problem with buying Bitcoin is that all the easy ROI is long gone and yet current buyers assuming 100% of the risk unlike the earliest adopters.  Seems legit - exchange your real dollars for fake Bitcoins while the Bitcoin rich buy a Bugatti with your real dollars.    :D


  People who initially bought Bitcoin in 2009 when it was fractions of a penny saw like 450,000 return leading up to last November.  While today, assuming the rate of inflation is static (I don't need to entertain hyperinflation arguments), the most Bitcoin's capitalization could ever be is $Trillions.  So the ROI limit left here is like 1000x on a new investment.


1000x return so $10,000 would only net $10 million..  of course this is no guaranteed thing..  BTC could plateau at its' current capitalization forever, drop down to $0 or be replaced by a competitor.

The latter is possible I think because Bitcoin is only 500K-2M users when the internet in the late 1980s had more users.  It seems very possible that some coin better at promotion and user base expansion could simply fly past Bitcoin in months and Butters would be asking themselves what just happened.



Doesn't seem that likely.

Why would a new coin get hundreds of thousands of users?  What killer feature
would it have to be so attractive? 



Title: Re: Don't invest more than you can afford to lose
Post by: TaunSew on November 13, 2014, 09:35:28 PM
Problem with buying Bitcoin is that all the easy ROI is long gone and yet current buyers assuming 100% of the risk unlike the earliest adopters.  Seems legit - exchange your real dollars for fake Bitcoins while the Bitcoin rich buy a Bugatti with your real dollars.    :D


  People who initially bought Bitcoin in 2009 when it was fractions of a penny saw like 450,000 return leading up to last November.  While today, assuming the rate of inflation is static (I don't need to entertain hyperinflation arguments), the most Bitcoin's capitalization could ever be is $Trillions.  So the ROI limit left here is like 1000x on a new investment.


1000x return so $10,000 would only net $10 million..  of course this is no guaranteed thing..  BTC could plateau at its' current capitalization forever, drop down to $0 or be replaced by a competitor.

The latter is possible I think because Bitcoin is only 500K-2M users when the internet in the late 1980s had more users.  It seems very possible that some coin better at promotion and user base expansion could simply fly past Bitcoin in months and Butters would be asking themselves what just happened.



Doesn't seem that likely.

Why would a new coin get hundreds of thousands of users?  What killer feature
would it have to be so attractive? 



Something viral of course.


Title: Re: Don't invest more than you can afford to lose
Post by: jonald_fyookball on November 13, 2014, 10:09:56 PM
Problem with buying Bitcoin is that all the easy ROI is long gone and yet current buyers assuming 100% of the risk unlike the earliest adopters.  Seems legit - exchange your real dollars for fake Bitcoins while the Bitcoin rich buy a Bugatti with your real dollars.    :D


  People who initially bought Bitcoin in 2009 when it was fractions of a penny saw like 450,000 return leading up to last November.  While today, assuming the rate of inflation is static (I don't need to entertain hyperinflation arguments), the most Bitcoin's capitalization could ever be is $Trillions.  So the ROI limit left here is like 1000x on a new investment.


1000x return so $10,000 would only net $10 million..  of course this is no guaranteed thing..  BTC could plateau at its' current capitalization forever, drop down to $0 or be replaced by a competitor.

The latter is possible I think because Bitcoin is only 500K-2M users when the internet in the late 1980s had more users.  It seems very possible that some coin better at promotion and user base expansion could simply fly past Bitcoin in months and Butters would be asking themselves what just happened.



Doesn't seem that likely.

Why would a new coin get hundreds of thousands of users?  What killer feature
would it have to be so attractive? 



Something viral of course.

Well, anything is possible,
but like I said, doesn't likely. 

Killer features would probably
be adopted by Bitcoin before
the new coin would gather enough
of a network.



Title: Re: Don't invest more than you can afford to lose
Post by: TaunSew on November 13, 2014, 10:26:38 PM
Problem with buying Bitcoin is that all the easy ROI is long gone and yet current buyers assuming 100% of the risk unlike the earliest adopters.  Seems legit - exchange your real dollars for fake Bitcoins while the Bitcoin rich buy a Bugatti with your real dollars.    :D


  People who initially bought Bitcoin in 2009 when it was fractions of a penny saw like 450,000 return leading up to last November.  While today, assuming the rate of inflation is static (I don't need to entertain hyperinflation arguments), the most Bitcoin's capitalization could ever be is $Trillions.  So the ROI limit left here is like 1000x on a new investment.


1000x return so $10,000 would only net $10 million..  of course this is no guaranteed thing..  BTC could plateau at its' current capitalization forever, drop down to $0 or be replaced by a competitor.

The latter is possible I think because Bitcoin is only 500K-2M users when the internet in the late 1980s had more users.  It seems very possible that some coin better at promotion and user base expansion could simply fly past Bitcoin in months and Butters would be asking themselves what just happened.



Doesn't seem that likely.

Why would a new coin get hundreds of thousands of users?  What killer feature
would it have to be so attractive? 



Something viral of course.

Well, anything is possible,
but like I said, doesn't likely. 

Killer features would probably
be adopted by Bitcoin before
the new coin would gather enough
of a network.



I never said features.  A lot of search engines and social media websites were replaced by competitors who did a better job at attracting users.

That's why this forum was in panic mode when Apple Pay was announced but it didn't go viral.  Inevitably somebody will come along and go viral and Bitcoin at its' small 500K - 2M users would be left behind


Title: Re: Don't invest more than you can afford to lose
Post by: Baghead on November 13, 2014, 10:57:39 PM
Timing is helpfull hey lol but having the balls to know life will continue as normal if you do your nutts and fail is the key as you say. I wonder about the guys who had the guts at the beginning of bitcoin to put everything they had and more into it,  held untill it went big. bam what did someones late $200 rent  buy BTC at pennys now worth aha I have done similar it did not pay off>> so what im still here and i will do it again good luck to the winners and losers the game is here to be played


Title: Re: Don't invest more than you can afford to lose
Post by: freequant on November 13, 2014, 11:38:52 PM
Here is a nice wall of shame of a sampling of posts saving people from themselves when the price was in the single and double digits.

Don't invest more than you are willing to lose.

not to invest more than they can afford lose.

Don't invest more than you can afford to loose.

Don't invest more than you can afford to completely lose.

You should never invest more than you could afford to loose.

don't invest more than you can be comfortable losing.

Trading Rule #1: Never ever invest more than you can afford to lose.

remember not to invest more than you can afford to lose.

NEVER INVEST MORE THAN YOU CAN AFFORD TO LOSE.


Don't invest more than you can afford to lose


Title: Re: Don't invest more than you can afford to lose
Post by: jonald_fyookball on November 13, 2014, 11:40:08 PM
Problem with buying Bitcoin is that all the easy ROI is long gone and yet current buyers assuming 100% of the risk unlike the earliest adopters.  Seems legit - exchange your real dollars for fake Bitcoins while the Bitcoin rich buy a Bugatti with your real dollars.    :D


  People who initially bought Bitcoin in 2009 when it was fractions of a penny saw like 450,000 return leading up to last November.  While today, assuming the rate of inflation is static (I don't need to entertain hyperinflation arguments), the most Bitcoin's capitalization could ever be is $Trillions.  So the ROI limit left here is like 1000x on a new investment.


1000x return so $10,000 would only net $10 million..  of course this is no guaranteed thing..  BTC could plateau at its' current capitalization forever, drop down to $0 or be replaced by a competitor.

The latter is possible I think because Bitcoin is only 500K-2M users when the internet in the late 1980s had more users.  It seems very possible that some coin better at promotion and user base expansion could simply fly past Bitcoin in months and Butters would be asking themselves what just happened.



Doesn't seem that likely.

Why would a new coin get hundreds of thousands of users?  What killer feature
would it have to be so attractive? 



Something viral of course.

Well, anything is possible,
but like I said, doesn't likely. 

Killer features would probably
be adopted by Bitcoin before
the new coin would gather enough
of a network.



I never said features.  A lot of search engines and social media websites were replaced by competitors who did a better job at attracting users.

That's why this forum was in panic mode when Apple Pay was announced but it didn't go viral.  Inevitably somebody will come along and go viral and Bitcoin at its' small 500K - 2M users would be left behind

Apple pay is centralized.  very difficult for something decentralized to sweep in overnight and get massive viral adoption.


Title: Re: Don't invest more than you can afford to lose
Post by: freequant on November 13, 2014, 11:44:22 PM
Don't invest more than you can afford to lose.
Don't invest less than you can afford to lose.
Invest what you can afford to lose.


Title: Re: Don't invest more than you can afford to lose
Post by: Soros Shorts on November 14, 2014, 06:13:31 AM
Don't invest more than you can afford to lose.
Don't invest less than you can afford to lose.
Invest what you can afford to lose.

Once you have freed yourself from your materialistic desires, you'll find that you can afford to lose everything.


Title: Re: Don't invest more than you can afford to lose
Post by: Flashman on November 14, 2014, 12:57:00 PM
Now, most people if they are fairly confident of living another 10 years, can afford to lose $50,000, yah it will be tough to make up for the average working stiff, but it's doable.

The BIG BIG BIG mistake that we see happening far too often though, is people using money that already has obligations, as in "Yeah, I can afford 50k as long as I get it back in 2 months for grandmas cancer treatment" ... back in 2 months, yah, bitcoin ain't running on a timetable, and Murphy's law practically guarantees that if you need the money back at a certain time, you are probably going to be pulling it out when it's worth 30% of what you put in, after waiting until the last minute (and losing another 5% in process as you stalled) and two weeks later it will have gone up 500%...

That is the hard luck story we hear most often.

"I put money that-wasn't-mine/that-had-a-purpose/that-I-owed-to-the-mob in bitcoin thinking I'd make it back in a week, waaaaaaaa!!!!!"


As you might have guessed, a lot of these people fit the profile of compulsive gamblers and may not have been the sharpest bulb in the drawer in the first place. Sometimes you can read between the lines as "I put money I couldn't afford short term into bitcoin AND found satoshi dice..."


So never put in more than you can afford to lose, but most especially, NEVER PUT IN NEXT MONTHS RENT... or similar.


Title: Re: Don't invest more than you can afford to lose
Post by: bornil267645 on November 14, 2014, 12:59:32 PM
I try to stay respective with the current market. But I am sensing a lot of furstration among the BTC users that are creeping and forcing them to take wild decisions.


Title: Re: Don't invest more than you can afford to lose
Post by: inBitweTrust on November 14, 2014, 01:24:40 PM
Don't invest more than you can afford to lose

Invest everything you can responsibly, we cannot afford to lose.

For some of us the decision is easy as we can afford to lose money but cannot afford to lose
the cultural and economic battle that is being fought.

The stakes are much higher than some investment scheme. Statist apologists disparage the ethicist's and ideologues in our community as being "extremists" without realizing how our commitment is the reason why Bitcoin will never go to 0 and will keep on growing despite the capricious nature of those who are using Bitcoin as a short term investment vehicle.

--There is nothing "extreme" about wanting a secure protocol. Backdoors implemented that the altruists can use can equally be exploited by the corrupt and evil.

--There is nothing "extreme" about wanted the status quo of the option of anonymous payments to be maintained that has always been the case for the last 11,000 years. What is "extreme" and dangerous is the the logging and tracking of every purchase a user makes and attaching those to an identity.


Title: Re: Don't invest more than you can afford to lose
Post by: ObscureBean on November 14, 2014, 01:51:36 PM
I think the underlying theme here is 'regret'. You see plenty of people going 'all in' on various 'good deals' only to start whining/complaining/fudding after a couple days when the 'good deal' turns out to be a scam. I believe that's where the 'Don't invest more than you can afford to lose' retort comes from. If someone owns up to his/her own actions/mistakes then sure what you describe in the op is possible. You can sell everything and invest and if it goes south, you still have your job. It's about taking responsibility.


Title: Re: Don't invest more than you can afford to lose
Post by: chopstick on November 14, 2014, 01:57:02 PM
The only real risk of investing into BTC is that you might not be smart enough to secure your coin and end up losing it..

Price wise, it's obvious we're only going up. BTC is the best investment you can possibly make right now. Better than any stock I've ever heard of.


Title: Re: Don't invest more than you can afford to lose
Post by: Fat Ronaldo on November 14, 2014, 01:59:32 PM
I try to stay respective with the current market. But I am sensing a lot of furstration among the BTC users that are creeping and forcing them to take wild decisions.

Nobody is forcing them to do anything. I think they only people that are getting frustrated are the people who thought they were going to get rich quick.


Title: Re: Don't invest more than you can afford to lose
Post by: inBitweTrust on November 14, 2014, 02:04:21 PM
I think the underlying theme here is 'regret'. You see plenty of people going 'all in' on various 'good deals' only to start whining/complaining/fudding after a couple days when the 'good deal' turns out to be a scam. I believe that's where the 'Don't invest more than you can afford to lose' retort comes from. If someone owns up to his/her own actions/mistakes then sure what you describe in the op is possible. You can sell everything and invest and if it goes south, you still have your job. It's about taking responsibility.

Another reason people constantly use this term is for legal reasons to absolve culpability... a way of suggesting caveat emptor.

It is smarter for both an investor and society if you invest in Bitcoin as a long term bull who believes in the technology and underlying principles of what is trying to be accomplished. Set yourself strict guidelines of when to take profits and reinvest and never sell at a loss.

There is no regret for supporting such an important cause, as monetary gain is secondary at most.



Title: Re: Don't invest more than you can afford to lose
Post by: pitham1 on November 15, 2014, 02:44:26 AM
The only real risk of investing into BTC is that you might not be smart enough to secure your coin and end up losing it..

Price wise, it's obvious we're only going up. BTC is the best investment you can possibly make right now. Better than any stock I've ever heard of.

As long as you can afford to wait a few years, your investment is going to do good.


Title: Re: Don't invest more than you can afford to lose
Post by: BayAreaCoins on November 15, 2014, 04:44:53 AM
If you believe in BTC so much.  

Go to OKCoin.com and go long with leverage 20x :D


Title: Re: Don't invest more than you can afford to lose
Post by: kingscrown on November 15, 2014, 04:47:47 AM
main rule of hazard:)


Title: Re: Don't invest more than you can afford to lose
Post by: IBGigglin on November 15, 2014, 06:48:52 AM
This may be the most intelligent post I've read on Bitcointalk.


Title: Re: Don't invest more than you can afford to lose
Post by: o0o0 on November 15, 2014, 07:59:56 AM
Invest everything you can afford to lose if you believe in cryptocurrency and hold. As others have stated don't expend more than you can care to lose and only if you believe in it.

I've personally dropped around $53k or 1/4 of my total wealth in it as my major investment. If i lose it all tomorrow i won't be poor or cry. But i do believe in it as a future technology. I'm holding eager to see what the future will hold (4+ years). If i do sell at any point it'll be to ride the waves to increase my current holding.

This is going to be big long term.


Title: Re: Don't invest more than you can afford to lose
Post by: tins on November 15, 2014, 09:27:03 AM
Don't invest more than you can afford to lose.
Don't invest less than you can afford to lose.
Invest what you can afford to lose.

Once you have freed yourself from your materialistic desires, you'll find that you can afford to lose everything.

Unless you have a family that count on you. Then, neither Bitcoin nor Dollars mean shit. They're are just a means to provide for what is truly important.


Title: Re: Don't invest more than you can afford to lose
Post by: drugs on November 15, 2014, 10:30:32 AM
Invest everything you can afford to lose if you believe in cryptocurrency and hold. As others have stated don't expend more than you can care to lose and only if you believe in it.

I've personally dropped around $53k or 1/4 of my total wealth in it as my major investment. If i lose it all tomorrow i won't be poor or cry. But i do believe in it as a future technology. I'm holding eager to see what the future will hold (4+ years). If i do sell at any point it'll be to ride the waves to increase my current holding.

This is going to be big long term.

I think that's what most of us are here are hoping for. Obviously we can see the potential but does the rest of the world?


Title: Re: Don't invest more than you can afford to lose
Post by: Rampton on November 15, 2014, 10:31:22 AM
Invest everything you can afford to lose if you believe in cryptocurrency and hold. As others have stated don't expend more than you can care to lose and only if you believe in it.

I think it's about finding a balance and only investing what you are comfortable with once you've done the research. Investing in a money tree would be bad, but there is obviously massive potential for growth with btc but that doesn't mean it is foolproof.


Title: Re: Don't invest more than you can afford to lose
Post by: Darude Sandstorm on November 15, 2014, 10:52:07 AM
Don't invest more than you can afford to lose.
Don't invest less than you can afford to lose.
Invest what you can afford to lose.

Once you have freed yourself from your materialistic desires, you'll find that you can afford to lose everything.

Unless you have a family that count on you. Then, neither Bitcoin nor Dollars mean shit. They're are just a means to provide for what is truly important.

I wish as a society we could go back to a more basic time whilst still keeping the technology. I think if people sourced their own food locally and wern't duped into spending their money on shit we'd be in a better society all together.


Title: Re: Don't invest more than you can afford to lose
Post by: Rampton on November 15, 2014, 12:02:30 PM
Don't invest more than you can afford to lose.
Don't invest less than you can afford to lose.
Invest what you can afford to lose.

Once you have freed yourself from your materialistic desires, you'll find that you can afford to lose everything.

Unless you have a family that count on you. Then, neither Bitcoin nor Dollars mean shit. They're are just a means to provide for what is truly important.

I wish as a society we could go back to a more basic time whilst still keeping the technology. I think if people sourced their own food locally and wern't duped into spending their money on shit we'd be in a better society all together.

Why don't you do it then? You don't have to wait for the whole of society to join in. Many people live meeker lives and buy their food from local farmers etc or even grow their own.


Title: Re: Don't invest more than you can afford to lose
Post by: Pierre11 on November 15, 2014, 01:12:19 PM
I can't afford to lose what I'm invested in, I doubt anyone here can or else people would just invest $10 every month.

This is a calculated risk, I think the benefit outpaces the risks and costs of investing in bitcoin.


Title: Re: Don't invest more than you can afford to lose
Post by: Flashman on November 15, 2014, 01:24:16 PM
I'd have an incremental investment strategy if fiat to BTC transfers cost me less.... only really becomes worth it in chunks of $200 plus at the moment otherwise.

I wonder how successful a coin-op BTC vending machine would be...


Title: Re: Don't invest more than you can afford to lose
Post by: pitham1 on November 16, 2014, 10:12:52 AM
I can't afford to lose what I'm invested in, I doubt anyone here can or else people would just invest $10 every month.

This is a calculated risk, I think the benefit outpaces the risks and costs of investing in bitcoin.

Calculated risks are okay.
I don't think investing the proceeds from selling your house, or investing your college money in Bitcoin is a wise idea.


Title: Re: Don't invest more than you can afford to lose
Post by: Elwar on February 01, 2017, 05:28:37 PM
Did you invest more than you could afford to lose when the price was $325?


Title: Re: Don't invest more than you can afford to lose
Post by: Elwar on July 22, 2017, 10:32:49 AM
Did you invest more than you could afford to lose when the price was $325?

bump


Title: Re: Don't invest more than you can afford to lose
Post by: ivrynx on July 25, 2017, 11:03:25 AM
what you should invest is your extra money, so that when the value falls, it will just be ok, since it is not your savings, but when it goes up, the more money you will have, just keep in mind, buy low and sell high and always use your extra money not your savings, for you to have a win win situation.


Title: Re: Don't invest more than you can afford to lose
Post by: Footmanred on July 25, 2017, 11:18:50 AM
what you should invest is your extra money, so that when the value falls, it will just be ok, since it is not your savings, but when it goes up, the more money you will have, just keep in mind, buy low and sell high and always use your extra money not your savings, for you to have a win win situation.

Sometimes it is very difficult to predict when bitcoin will grow and when to fall. Many people bought bitcoin at a time when the price was over 2000 and their profits are now not very noticeable.
To start and invest, you must immediately set a goal. For example, the goal is not to sell coins for several years. This will keep many people nervous


Title: Re: Don't invest more than you can afford to lose
Post by: Dudeperfect on July 25, 2017, 11:31:57 AM
The investment decisions totally depends on the risk profile of the investors and some of them are aggressive investors and they take much higher risk as compared to that of others and on the other hand, there are investors who are emotionally not capable of bearing even a 1% loss so this advice is for those who fall under the second category as losing their capital will destroy them emotionally and might wipe out them from the trading forever.


Title: Re: Don't invest more than you can afford to lose
Post by: gulshan1 on July 25, 2017, 12:02:40 PM
investment is always good if you have your own saving money,if you borrow money from other or any type of taking loan that is not right decision.one more thing if you are doing job and taking loan and giving installment out of your family all expenses and not having a problem to give installment,then in that case this is good investment forever in your life.


Title: Re: Don't invest more than you can afford to lose
Post by: harjas2517 on July 25, 2017, 12:14:02 PM
I always agree with your statement that do not invest more than you can afford to loose but apart from this we also know those who took risks they always get succeed. In my opinion now invest in Bitcoin & forget that investment for another 5 years then you will see nice profit on your investment after 5 years.


Title: Re: Don't invest more than you can afford to lose
Post by: Elwar on July 25, 2017, 12:34:03 PM
I always agree with your statement that do not invest more than you can afford to loose but apart from this we also know those who took risks they always get succeed. In my opinion now invest in Bitcoin & forget that investment for another 5 years then you will see nice profit on your investment after 5 years.

This guy totally gets the point of this thread.


Title: Re: Don't invest more than you can afford to lose
Post by: jc89 on July 25, 2017, 12:35:20 PM
If you are earning just enough to get by, forget investing. What you should do is take online jobs that will pay you in bitcoins and that will serve as your first investment. In that way you don't have to think how much you will lose. Anybody who invested in to something experienced losses every now and then that's why it is considered a big risk if you are investing especially in bitcoin and even other kinds of investments.


Title: Re: Don't invest more than you can afford to lose
Post by: ekoice on July 25, 2017, 12:46:50 PM
what you should invest is your extra money, so that when the value falls, it will just be ok, since it is not your savings, but when it goes up, the more money you will have, just keep in mind, buy low and sell high and always use your extra money not your savings, for you to have a win win situation.

Sometimes it is very difficult to predict when bitcoin will grow and when to fall. Many people bought bitcoin at a time when the price was over 2000 and their profits are now not very noticeable.
To start and invest, you must immediately set a goal. For example, the goal is not to sell coins for several years. This will keep many people nervous
Yes,investments in  bitcoin should be made in a long term  basis and not in a short term basis.Short term investments are suitable only for altcoins.Bitcoin has almost tripled in its price in the past six months.Bitcoin has always settled in a price more than the previous price.It has not given losses to its customers on a long term basis unless if they sell it due to panic for low prices.


Title: Re: Don't invest more than you can afford to lose
Post by: Blackdeath on July 25, 2017, 12:47:08 PM
When you are investing you must expect that your money can either grow or not. Because on investment proper, you are already taking the risk because you are expecting that upon investing you can gain or earn more than what you have. The assurance of gaining on investments is not yet visible unless you try and wait for feedback. But if you really want to assure that your money will grow without investing, you can join campaigns to earn without or the less visibilityof taking a risk so that you can lessen the possibility of losing on investments.


Title: Re: Don't invest more than you can afford to lose
Post by: deanryanmartin on July 25, 2017, 12:51:14 PM
Or let me paraphrase: Invest what you can afford. A bitcoin investment is a risk. Every investment system is a risk. Therefore; it's up to you how far you're willing to go within your means. Investment won't make you rich tomorrow but it's a sure way to build better and smarter years after tomorrow.  


Title: Re: Don't invest more than you can afford to lose
Post by: Inkdatar on July 26, 2017, 05:52:08 AM
Or let me paraphrase: Invest what you can afford. A bitcoin investment is a risk. Every investment system is a risk. Therefore; it's up to you how far you're willing to go within your means. Investment won't make you rich tomorrow but it's a sure way to build better and smarter years after tomorrow.  
Investing is a risks wether you invest a small amount of money. Thats true every investment is always at risks just to be in a safe side invest on what we can afford to lose. But ofcourse lets think of a positive mindset that all of this we can be success with analyzation first before investing.


Title: Re: Don't invest more than you can afford to lose
Post by: Netnox on July 26, 2017, 05:56:15 AM
The first thing to remember about making any investment is that you should never become too greedy. Just because your initial trade gave you a good profit, it doesn't mean that every time you will end up in green. You need to know when to pull out.


Title: Re: Don't invest more than you can afford to lose
Post by: Elwar on July 26, 2017, 06:14:55 AM
This thread is a lesson on the simple action of reading for context.


Title: Re: Don't invest more than you can afford to lose
Post by: Liza Soberano on July 26, 2017, 10:29:11 AM
I make money online , going to school and never spend my money  ::) , so I think I can actually invest all my earnings . actually I only have less then 1 BTC , a lot less. I just don't know if it's worth it and if it will rise again and how much ... I know I know it's a long term investment
Definitely true, taking risks are part in growing and being successful but calculate probability that its gonna be all worth it, it is hard to start all over again so you have to formulate concrete strategic decision.


Title: Re: Don't invest more than you can afford to lose
Post by: bncbnc on July 26, 2017, 12:48:51 PM
I make money online , going to school and never spend my money  ::) , so I think I can actually invest all my earnings . actually I only have less then 1 BTC , a lot less. I just don't know if it's worth it and if it will rise again and how much ... I know I know it's a long term investment
Definitely true, taking risks are part in growing and being successful but calculate probability that its gonna be all worth it, it is hard to start all over again so you have to formulate concrete strategic decision.
that is right we should not invest such amount of money that we cannot afford to use. i think not only in trading but in gambling and investment we should invest such amount of money that we can easily afford to lose and that do not effect us too much financially.


Title: Re: Don't invest more than you can afford to lose
Post by: niisarearning on July 26, 2017, 01:13:54 PM
I really following the concept dont invest more than you can afford to lose i learned from traditional trading when we do invest more than we afford then brain will not be in our control then it will lead to take wrong decision.


Title: Re: Don't invest more than you can afford to lose
Post by: Elwar on July 26, 2017, 01:27:48 PM
How should we invest the money made in our signature campaigns though?


Title: Re: Don't invest more than you can afford to lose
Post by: Wesimon on July 26, 2017, 01:48:01 PM
In investments, you must be a risk taker. The title is indeed true, if you cant afford to lose a piece of your money or bitcoins, then do not invest. But consider that you wont have profit when you dont invest. If you are a risk taker, whatever the result may be, you are willing to accept and try again after the failure.


Title: Re: Don't invest more than you can afford to lose
Post by: doomloop on July 26, 2017, 02:18:18 PM
Good and solid advice. Dont invest more than you aford to lose.
yes I think today it’s not so easy to earn money so we should be careful about our money we should not spoil our income in useless things if we cannot afford losing our money like this if we are not having enough money with us then we can invest some of our money and should save some of our income by giving our money to the investing sites.


Title: Re: Don't invest more than you can afford to lose
Post by: Insanerman on July 26, 2017, 02:33:10 PM
The first thing to remember about making any investment is that you should never become too greedy. Just because your initial trade gave you a good profit, it doesn't mean that every time you will end up in green. You need to know when to pull out.

Thats a good advise. Being greedy overcome your emotions and way of thinking sometimes as you focus on profit. Along the way, you might end up as a bagholder since before you know it, there are no buyers already.


Title: Re: Don't invest more than you can afford to lose
Post by: Elwar on July 26, 2017, 02:38:45 PM
Signature campaigns are great. People posting contribute such great advice and insight that we have not heard before.


Title: Re: Don't invest more than you can afford to lose
Post by: BarbieCasino on July 29, 2017, 02:47:09 PM
The first thing to remember about making any investment is that you should never become too greedy. Just because your initial trade gave you a good profit, it doesn't mean that every time you will end up in green. You need to know when to pull out.
yes you are right that we should not be so greedy after having bitcoin because as according to a saying that greed is curse if one has some money and he wants to earn through it then a small amount can invest and keep the rest for some time if you really want to get the profit but if you are confident and you have good experience with bitcoin then you are suggested to invest all you have it will give you profit and will help you to increase your money.


Title: Re: Don't invest more than you can afford to lose
Post by: doomloop on July 29, 2017, 02:53:08 PM
In investments, you must be a risk taker. The title is indeed true, if you cant afford to lose a piece of your money or bitcoins, then do not invest. But consider that you wont have profit when you dont invest. If you are a risk taker, whatever the result may be, you are willing to accept and try again after the failure.
wow! You have good entry in bitcoin world but I think it is very difficult to trust something new and if we met with new people we take some time to develop our trust the same in the case of bitcoin happened with me my friend told me about her job at bitcoin but I did not trust and I said it can be a fake site and I rejected to accept the offer she offered but then she told me all about bitcoin and she guided me a lot then I searched about bitcoin on google sites then I found bitcoin very useful then I start using it.


Title: Re: Don't invest more than you can afford to lose
Post by: Fatunad on July 29, 2017, 03:01:27 PM
In investments, you must be a risk taker. The title is indeed true, if you cant afford to lose a piece of your money or bitcoins, then do not invest. But consider that you wont have profit when you dont invest. If you are a risk taker, whatever the result may be, you are willing to accept and try again after the failure.
wow! You have good entry in bitcoin world but I think it is very difficult to trust something new and if we met with new people we take some time to develop our trust the same in the case of bitcoin happened with me my friend told me about her job at bitcoin but I did not trust and I said it can be a fake site and I rejected to accept the offer she offered but then she told me all about bitcoin and she guided me a lot then I searched about bitcoin on google sites then I found bitcoin very useful then I start using it.
If we look generally on whats the thing commonly happen on online world we would really lose up trust knowing that scams are everywhere which we would really be aware on our actions on something new that we do hear from other people.Yes we cant trust directly but there are such decisions which we would able to regret later thats why we should always test it out and prove it out if its legit or not.


Title: Re: Don't invest more than you can afford to lose
Post by: cipotok on August 03, 2017, 09:24:05 AM
Everyone always wants to invest herself in order to always be healthy and safe.
It is expensive to be healthy so if I have a bitcoin I will invest for the future with the hope that its value can increase.
But we must be smart in investing do not be too push if we can not because it can make us suffer.


Title: Re: Don't invest more than you can afford to lose
Post by: Elwar on August 03, 2017, 12:52:42 PM
Yep. Yet another topic inundated by signature freaks.

Yet another thread to lock.


Title: Re: Don't invest more than you can afford to lose
Post by: fanbeila on August 03, 2017, 12:56:14 PM
Crypto currency market is highly volatile including bitcoins.Even though,bitcoin has given huge returns to ts investors,still there is no authority to guarantee about the price as well as investment.So,there is also a chance of all our investment being lossed.So its said that "Don't invest more than you can afford to lose".


Title: Re: Don't invest more than you can afford to lose
Post by: SiNeReiNZzz on August 03, 2017, 01:09:42 PM
My grandma is dying. Should I pay her medical medical bills? Nah, I can afford to lose her. Jks.

The problem with investing is that some people will be very angry with themselves if they do lose their money. You naturally think "Argh, why did I invest in Bitcoin? I should have invested in xyz."

But as you say, you have to take risks if you want to earn big.
Ahahahaha yeah you were right, as we can see, people are afraid of making risk or some of then are afraid to lose money and sacrifice it. They think money is really hard to earn, yes of course but this is why we beed to be wise in choosing something we wanted to risk or invest our time and money. When money is involved it is really risky and that is the reality.


Title: Re: Don't invest more than you can afford to lose
Post by: warrior333 on August 03, 2017, 01:37:06 PM
If you don't break the egg does not cook the eggs. There is no investment without risk. Until the first of August when the price of bitcoin fell to $ 1,900, many did not want to risk and sold their bitcoins. This is a typical example of what happens to those who are afraid to take risks. Now they lost half of their coins.


Title: Re: Don't invest more than you can afford to lose
Post by: Naughty Princess on August 03, 2017, 01:46:02 PM
Or let me paraphrase: Invest what you can afford. A bitcoin investment is a risk. Every investment system is a risk. Therefore; it's up to you how far you're willing to go within your means. Investment won't make you rich tomorrow but it's a sure way to build better and smarter years after tomorrow.  
Investing is a risks wether you invest a small amount of money. Thats true every investment is always at risks just to be in a safe side invest on what we can afford to lose. But ofcourse lets think of a positive mindset that all of this we can be success with analyzation first before investing.


Investing what you can afford to lose is good when taking a risk in something that you do not know what will be the result. We have to left something on our own in case that our investment become unsuccessful. We need to have a deep study and analyse every situation before we enter in the field so that we have an idea how much the possibility that it will positively gain more for a long term investment.


Title: Re: Don't invest more than you can afford to lose
Post by: Caelanpelley on August 03, 2017, 01:56:59 PM
"Don't invest more than you can afford to lose". This is one of the better sentence that I've ever heard, but you have to consider that if investment is good, people will try to invest all of their goods because all people wants to be rich.
'Maybe' is just a concept, maybe that still does not happen. Invest more you can lose but you can still win a lot. So I do not think that's right, investing depends on us-the way we use them best.


Title: Re: Don't invest more than you can afford to lose
Post by: Sniper150 on August 03, 2017, 02:14:44 PM
I cant lose nothing so i should invest nothing?
How much profit i might get with investing nothing?


Yes, Of course, that is common sense. You are like a philosopher. Why do want to invest if you won't lose anything? You know, try to invest a  small amount for it and then see the result of yours. Nothing will happen to if you wouldn't invest you bitcoin. I think it will double the value and you can get a high profit on it. Nothing's bad to try.


Title: Re: Don't invest more than you can afford to lose
Post by: xhienigat on August 03, 2017, 02:16:24 PM
I believe in this quote and someone once said this to me as well, and I applied this in my everyday routine on not to invest more than you can afford to lose. It is the same with gambling or in trading bitcoin since it is very risky, to not spend more than what you earn. Because remember when you trade or especially if you gamble, once you lay off your money it is considered as nothing already so you have to be ready when you spend it or use it for trading.


Title: Re: Don't invest more than you can afford to lose
Post by: franco123 on August 03, 2017, 02:19:06 PM
I agree! As an investor, you should always consider on possibility that your investment has a corresponding risk. You must learn how to balance your investment portfolio and never use all of your money for your investment. Because you or any investment or financial or economical analysts will never know when financial crisis will happen. Yes, you may loose every investment you have if this happens. Which is why you should always consider it as gambling. That you must only bet the money you can afford to loose.


Title: Re: Don't invest more than you can afford to lose
Post by: BingoDog on August 03, 2017, 02:23:18 PM
This is a golden rule but.many forget it. Sometimes it's hard, you get emotional and you always think this is your big chance so if I invest more I will get more. Or even worse, when you are losing but still hoping the next time you will make profit. Sometimes it's similar to gambling so you always have to make rational decisions.


Title: Re: Don't invest more than you can afford to lose
Post by: Ferris419 on August 03, 2017, 02:26:10 PM
That is the right thing to do as you never know what will happen to bitcoins in future and if you invest all your money in it and if bitcoin dies or gets replaced with any other currency then it will make you bankrupt for sure and you will left with nothing in your hands.


Title: Re: Don't invest more than you can afford to lose
Post by: iamlds08 on August 03, 2017, 02:29:54 PM
I think that people are afraid in losing that's why they say that don't invest more than you can afford to lose. I think that it is just a matter of risk taking. And also you will not learn something from it without trying and without the feeling of losing. I think that it is okay to invest more to know more. If you do lose, you will know after what makes you go wrong then you can now correct it. It is okay to try and not to know what will happen or might happen.


Title: Re: Don't invest more than you can afford to lose
Post by: 131tc01n on August 03, 2017, 02:51:34 PM
I want to know what is the difference between investing with gambling ,?
Here investment is as if equated with gambling,


Title: Re: Don't invest more than you can afford to lose
Post by: fathur.aza on August 03, 2017, 02:54:42 PM
I never invested too big because I do not want to get the risk that makes me lose, do you dare invest with all your bitcoin ???


Title: Re: Don't invest more than you can afford to lose
Post by: MFahad on August 03, 2017, 03:16:42 PM
I believe in this quote and someone once said this to me as well, and I applied this in my everyday routine on not to invest more than you can afford to lose. It is the same with gambling or in trading bitcoin since it is very risky, to not spend more than what you earn. Because remember when you trade or especially if you gamble, once you lay off your money it is considered as nothing already so you have to be ready when you spend it or use it for trading.

Well, i am doing trading with bitcoin and you know i never get anything lose even i am always in a profit.
But only with bitcoin, and i also doing altcoin trading, but in other crypto i get lose.
But also i remember that don't invest more than you can afford to lose.
Although lose is mustily but we can adjust it into less lose. 


Title: Re: Don't invest more than you can afford to lose
Post by: Wintersoldier on August 03, 2017, 03:24:29 PM
Basically you're telling us to invest all we have into a cryptocurrency that still hasn't fully proven itself and has been around for 5 years.

I agree that people should invest, but everything into 1 commodity/currency is much too risky.

"Never put all your eggs in one basket"
In all aspect and type of investment you should always balanced what you saved and what you put as capital for you to have a back up holding if ever there is emergency or some changes on some tradings or investments. I agree that you should not take your all in a certain investment because you may end up on loading a lot than earning partially and I always suggest to have option on a form of investment in order to lessen every risk and to earn more.


Title: Re: Don't invest more than you can afford to lose
Post by: Victorycoin on August 03, 2017, 10:12:47 PM
That is the right thing to do as you never know what will happen to bitcoins in future and if you invest all your money in it and if bitcoin dies or gets replaced with any other currency then it will make you bankrupt for sure and you will left with nothing in your hands.
The saying is not really all about Bitcoin, but actually a general concept in investing, to invest only what one can afford to lose. Obviously for an investment to be profitable, an element of risk is always there, meaning that it is possible to lose at one time or the other, so one ought to be ready for a situation like that by investing only what they can afford to lose.


Title: Re: Don't invest more than you can afford to lose
Post by: ivrynx on August 03, 2017, 10:26:23 PM
This is one of the basics of investing that newbies mostly ignore, they invest everything, like their savings and failed to see that they also need to have their money be liquadeted as fast a possible. For example if you happen to be in an accident, and all your savings are in investments, you will.not have emergency funds, that's why it is much better to invest extra cash you habe for the future, in that way you will be more secure


Title: Re: Don't invest more than you can afford to lose
Post by: craZyLovE0916 on August 03, 2017, 11:36:21 PM
I believe in this quote and someone once said this to me as well, and I applied this in my everyday routine on not to invest more than you can afford to lose. It is the same with gambling or in trading bitcoin since it is very risky, to not spend more than what you earn. Because remember when you trade or especially if you gamble, once you lay off your money it is considered as nothing already so you have to be ready when you spend it or use it for trading.

Well, i am doing trading with bitcoin and you know i never get anything lose even i am always in a profit.
But only with bitcoin, and i also doing altcoin trading, but in other crypto i get lose.
But also i remember that don't invest more than you can afford to lose.
Although lose is mustily but we can adjust it into less lose. 

How much are you trading?

I had lots of funds on BTC-e and lost it all when the government stopped them. I hope to get it back soon.


Title: Re: Don't invest more than you can afford to lose
Post by: genocide on August 03, 2017, 11:54:53 PM
I cant lose nothing so i should invest nothing?
How much profit i might get with investing nothing?


Yes, Of course, that is common sense. You are like a philosopher. Why do want to invest if you won't lose anything? You know, try to invest a  small amount for it and then see the result of yours. Nothing will happen to if you wouldn't invest you bitcoin. I think it will double the value and you can get a high profit on it. Nothing's bad to try.


If you want to profit from trading, you must be willing to take risks wether it is small or big. Trading requires an initial investment for you to make an exchange and it always bears a risk of losing your money if you are not able to manage it properly. It is actually very simple. If you are afraid to lose money, then trading is not for you. Just try another method to earn bitcoins because there are a lot of different ways to do so.


Title: Re: Don't invest more than you can afford to lose
Post by: Elwar on August 03, 2017, 11:58:21 PM
And you all lose the game that is life.

Enjoy your safe space.

Thread locked.