Don't invest more than you can afford to lose?

[Al Qiyamah]

The first thing to consider when you want to invest anywhere is the profit and loss later. if you're lucky, just enjoy it, but if you lose, the bankruptcy experienced can make us feel hopeless and other negative effects. especially if the investment capital used is the result of a bank loan. so use the initial investment capital according to our abilities.

[lightning0]

The purpose of investment is to obtain more income and higher profits in the end.
Any investment has risks. Invest in the right amount of funds within the scope of funds that you really can afford, choose wisely to invest in cryptocurrency projects, and develop appropriate investment strategies.
A large amount of investment or loan investment is very risky. When the market changes and the price drops, you must bear greater risks and economic losses.

[Sithara007]

A large amount of investment or loan investment is very risky. When the market changes and the price drops, you must bear greater risks and economic losses.

I would say that taking out a loan is the worst idea to get started with an investment in cryptocurrency, especially for altcoins (no matter how much confident the user is). But all that said, I know at least two guys, who took out a loan to invest in cryptocurrency (many years ago) and made huge profits out of their investment. But it is entirely another topic if someone want to take a similar step at current levels. The risk factor has gone up by manytimes, and I would definitely disapprove of taking loans to invest in cryptocurrency at this point.

[lightning0]

A large amount of investment or loan investment is very risky. When the market changes and the price drops, you must bear greater risks and economic losses.

I would say that taking out a loan is the worst idea to get started with an investment in cryptocurrency, especially for altcoins (no matter how much confident the user is). But all that said, I know at least two guys, who took out a loan to invest in cryptocurrency (many years ago) and made huge profits out of their investment. But it is entirely another topic if someone want to take a similar step at current levels. The risk factor has gone up by manytimes, and I would definitely disapprove of taking loans to invest in cryptocurrency at this point.

Some investors may have studied and studied the projects to be invested and market trends and have their own investment plans and strategies. They will have great confidence in loan investment and profit.
But now many investors will choose to invest blindly, they will have a relatively large risk when investing in loans and have to bear relatively serious economic losses. Therefore, loan investment is a very risky choice.

[Melignya]

I think this is a reasonable phrase, investments depend on the courage and riskiness of the person, well, and his financial situation of course, read an article recently which talks about the five things that crypto-lovers have learned from the business world when investing in cryptocurrencies.https://blockster.com/blockdesk/1349_5-things-we-ve-learned-from-the-business-world-about-crypto-investing

[arditiyan]

The greater the risk, the greater the profit that will be obtained. Doing investment activities must of course be with the ability and never invest beyond the ability because it will experience a big disaster. Must be able to control and not lose control.

I agree with your statement, I add a statement if the actual investment is not from how much money we have, but investment is more directed at how we process money well with any capital to make a profit. Too pushy to invest more than what we have is not good and it is high risk.

[herizal85]

Yes I agree because investing takes time and depends on investing in the long or short term, and it is very wrong to spend all our funds to invest and if the prediction is wrong then we will lose all the assets we have. Therefore, invest according to ability and knowledge the knowledge we have.

[TheUltraElite]

Some people said that 'Don't invest more than you can afford to lose.' 
Do you agree?

It is not about agreeing to a statement, but a necessity for any trader willing to take part in speculative assets. I would go on saying that only invest what you can afford to lose.

When you are taking a risk, you have to assume the worst and thank your lucky stars if you make a profit. That discipline is important and it is lacking among many traders. Specially when the money that you get from your day job is being put into investing one must make sure they are dividing the income properly and not over spending on any of the possible expenditure routes.

The reason why many traders end up frustrated after trading is that they assumed profits when in reality they may have incurred losses. So if the mindset was different they may still be able to tide over the bad times and continue. These statements have not been made by some book - they come from experience of older traders.

[CaptainCrapper]

Some people said that 'Don't invest more than you can afford to lose.' 
Do you agree?

Yes, maximum people think the currency market is like a sheer market so hare is lost and profit both for all investors and traders so before invest or trade any token and coin at first we have to setup our mind for we have to afford the loss. Cuse future is always uncertain.

[sherenikaw]

Personally I agree with that because we can reach out and of course be more careful. but again that everyone has their own perception of investment. there are those who dare to challenge the situation and there are also those who only play in the safe zone, it all depends on each individual. but for me it is indeed important where we must be able to minimize losses so that we also get profits and return on investment.

[Viscore]

Some people said that 'Don't invest more than you can afford to lose.'
Do you agree?

Yes, maximum people think the currency market is like a sheer market so hare is lost and profit both for all investors and traders so before invest or trade any token and coin at first we have to setup our mind for we have to afford the loss. Cuse future is always uncertain.

Not just in crypto but even in real life, all investments should always have its limits of funds and as much as we can, start a minimal amount so that if things don't go out as planned, you will never be left empty pocket. Most particularly in crypto wherein high volatility is always observed. So if you plan to invest, have some amount which you can only afford to lose and not those come from emergency funds.

I personally invest with my own spare money and yes, losses always hit me. And maybe its a reality that there might be more losses than profits particularly if you are still a newbie but atleast we will learn to overcome this as experience will always help us to do better in what we used to do.