How do you invest in Bitcoin with amount that you can afford to loose?

[Oshio-man]

U will agree with me say there is a hope in taking bitcoin risks than altcoins, wen investing what u can afford to lose in bitcoin investment, show that u have knowledge of bitcoin and u will not do what will make u not to earn income wen other investors that invested in bitcoin are earning income from their investment, bullish market and bearish market must happen wen holding your bitcoin, u will not sell in d bearish market which is what every holder is afraid, but once bullish market begin to flowing, majority of holders begin to see opportunity to earn income from their long holding or short term holding.

[Abbatty]

Bitcoin has made a very tremendous gains for many investors, and because of the growth potential of bitcoin, many investors are attracted to it, and they are very excited investing in bitcoin.

This has been what has made Bitcoin a valuable asset till date and if you look at assets that are seen as investments they are valuable asset that have the potential to grow with time and so they attract people as they want to make gains from it. Most investors are not really brothered about the primary purpose of Bitcoin they only want to profit from it.

Everyone loves business with good gain, and when you invest in bitcoin, especially with long term goal, you will definitely make good gains out of it. And more also some people are also attracted to bitcoin because of the innovation behind bitcoin.

I will be interested in your contributions concerning this very topic as we learn from one another.

People have different reasons they are attracted to Bitcoin, some are attracted to it because of the privacy and anonymity it offers, some are after the profit benefits they can get and some only use it as an alternative for fiat. Doesn't matter just don't use it for evil.

[Samlucky O]

Do you use the same amount that you can afford to loose to buy Bitcoin and others or do you give Bitcoin higher value by using higher amount that you can afford to loose to buy it?

Well your point has been made clear mate,  amount we can afford to lose differs according to our understanding, and that's why we all can't use thesame amount to allocate in Bitcoin or gambling on shitcoins. For me the amount I can afford to lose that I will use to allocate to Bitcoin will never be thesame on gambling or shitcoin, because Bitcoin has no much thing to lose compeard to shitcoin since it has been proven to be the most volatile asset that has done pretty well all this while. Gambling or shitcoin poses a high risk of losing an amount you can never recover. What I am trying to say is that if I invest $50 in Bitcoin through DCA weekly as an amount I can afford to loose it will not be thesame as the amount I will use for gambling. Highest I can gamble with, and see it as an amount that I can afford to lose maybe $1 - 5