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

[suryana]

Agree, invest according to your ability. After all of your obligations have been fulfilled, the rest is enough to invest in long-term savings. It's different if you are a day trader. Maybe you are looking for profit every day. But what is certain is to invest with cold capital, never use hot money. Because the risk of investing is ready to lose.

[Cling18]

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

This passage is definitely true because based on my experience, investing funds that you can't afford to lose would only lead you to regrets and disappointment if ever the coin of your choice wouldn't succeed. Crypto investment has a huge risk that we should only allocate enough funds in case we aren't 100% sure about the investment that we're entering.

[ZaraCB]

"Don't invest more than you can afford to lose." I think that's the first rule to invest. Because your investment may not be profitable. You may even lose all money. That's why you should invest as much as you lose so that you will have no difficulty in leading your daily life. Then if your investment is profitable then it is very good.

[kensaii]

This has always be the golden rules of cryptocurrencies investment, we have to account for the risk and volatility involved in these markets which can land you into problems if say you took out a loan in trying to catch a quick bullish move but it doesn't go has planned. We have to be prudent and treat the investment has something we don't mind losing.

I believe that investment is a difficult area, it is better to delegate asset management to professionals. According to statistics, more than 90%
investors lose money on the stock exchange, forex and cryptocurrencies. It is very difficult for a private investor without the help of managers
start earning. This is how the market works.

Asset managers?? Thought these guys aren't really exposed to crypto and wouldn't be really the kind of people I would trust with my investment.

I think it has to do with emotion when you know your investment if it was a loss won't get you some troubles. I can't imagine how a person who took a loan can be calm when the price is on a downtrend or got dump. Sort of 'noise' that affects and makes you ain't cool, easily making a mistake. That's why you have to reduce those negative noise.

[Ronzybloch]

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

Yes ,  100% if you have have an extra money ,  than invest in crpto by puting in to the bank . invest as much as you afford ,  other wise you will lose a lot . first learn it invest here

[Chathusand]

in addition to beginners to the crypto world The gains that are being provided could be very appealing and enticing. As a result, some people may elect to take out loans and invest the money. It's lucky when they can actually make money. However, many people lose money as a result of greed, as they are unable to manage their finances and spend more than they can afford.

[RealMalatesta]

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

As long as people keep being afraid of investing into stuff because they do not think that they will be able to afford it, you will not end up getting rich neither. Do you think that all the people in the world who became rich did nothing financially irresponsible? Some of them had rich parents so they were lucky, sure Elon is a rich guy but he had rich daddy that paid all his costs plus he is still using slave labor in mines at Africa to get cheap stuff for his cars, so yes sometimes you are a lot more allowed in the world then what you and I can do.

However even if you do not have that, just go out there, make a mess, ruin your finances, live a very poor one year if you failed, but then get up and do it again and again because you know why? If you do not do it, then you will never be rich and the chances are your kid will not be neither, you have to take risks, I take them all the time, once I got a brand new car, the other time I lost so much that I am still paying debts, there are always goods and bads.

[tees420mar]

We must not try to sell those fake coins that landed in our wallet that is not in our knowledge. We must double-check the coin whether we buy it or is it a bounty token if not aware of the coin must not connect to the wallet in any case to avoid the hacking of Ac, otherwise

[swiftbits]

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

This statement is kind of cliche but is really an important thing to take as a newbie investor. Losing everything before learning this would be a hard lesson to learn. I could lose a lot if I invested in crypto in just one drop. I guess consistency is the key to profit. It's okay to take risks but know the negative scenario and its possible outcome, but don't dwell on it. At least, you are mentally ready in case it happened.

[celot]

I like this statement. Little but very meaningful. This is what should be the principle in any trading. Where we must be ready to make big profits and also be prepared for big losses. There are so many investors out there who don't understand this principle. So invest according to your ability.

[letyouearn]

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

That's one of the main rules that you should remember when going for investing. Moreover, the skill of losing money is something that you have to learn if you want to succeed here - especially in crypto investing.

[jack wira]

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

I totally agree with you.
 What you say is very true, because ability here has two meanings in my opinion.
 The first is the ability in terms of finances, if your finances are limited, then don't be too forced to invest, because when things happen that we don't expect (losses and losses), then there is only regret.

 The second is in terms of the knowledge of investing in the crypto world, because coin prices are fluctuating but we must be able to analyze the market, meaning we have to be good at seeing when the signs are when prices will go up, as well as signs when prices will go down.

[Banulit]

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

This is really true and I totally agree to this quotation that just invest on what you can afford to lose especially knowing the cryptocurrencies are so volatile and so risky to invest with.

[Maslate]

That really it needs for us to understand that investing is risky, the market went up and low cause for some losses. Thus, if we are putting all our money through investing, it is possible that we might lose them all. It is certainly hurting, unlike the feeling where we already think that this might happen anytime and willing to accept it.

Greediness had to push some people to invest more than they can afford to lose. This is a thing we need to fight and keep in mind the level of risk in investing and must be taken seriously.

[ali1177]

Yes I am absolutely agree with them because I personally lose much money which I took from my friend but I learnt one lesson never invest what you can't afford to lose and as well as never take money for investing.

[dimonstration]

That really it needs for us to understand that investing is risky, the market went up and low cause for some losses. Thus, if we are putting all our money through investing, it is possible that we might lose them all. It is certainly hurting, unlike the feeling where we already think that this might happen anytime and willing to accept it.

Greediness had to push some people to invest more than they can afford to lose. This is a thing we need to fight and keep in mind the level of risk in investing and must be taken seriously.

Everyone who enters crypto should know it. It does not mean that the market will go always high or that profit is always there. There is still time that the market or coin we choose will not give us profit so always ensure that we have our money for emergencies and daily needs. I will just consider it a paper loss when the market is a dump and wait then sells it low provided the coin is really good.

[wajik-tempe]

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

That is a golden rule and I am 1005 agreed with that golden saying, it applies to investing and gambling and everything that involves gambling if you follow this rule you are safe from losing a lot and it will not cause you sleepless nights, in fact, this is the first rule that you have to learn once you invest in any market.

We totally cannot compare investing with gambling because it's 100% different, we could are 100% loss our money if we do gambling even we are paying the money that we could afford to lose but it still completely different from investing.
If we hold our assets in loss condition there is a chance to come back if we are investing, but it will never happen in gambling, so investing is a spot trade.

[TWW]

We totally cannot compare investing with gambling because it's 100% different, we could are 100% loss our money if we do gambling even we are paying the money that we could afford to lose but it still completely different from investing.
If we hold our assets in loss condition there is a chance to come back if we are investing, but it will never happen in gambling, so investing is a spot trade.

sometimes people misunderstand the notion of trading or investing and gambling.
in trading and investing really requires good calculation and analysis. whatever the capital we must master it.
but gambling, I'm sure it's 100% a game of luck. while trading and investing have risk management that we can handle as you mean.

[adzino]

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

This is very much true and I fully agree to this statement. This is not only true for crypto currencies, but for all kind of investments. You shouldn't be risking money that you might be needing in the future. Just because you have some savings, doesn't mean you can use all your savings for investment. What if you lose your job and your investments aren't doing well? How will you be able to pay your bills? Before investing, always ask yourself if its worth risking or not.

[kurniawan05]

I m agree, Don't use the money you get from a loan, don't use your personal savings that can affect your future, don't use your salary money that you use to meet your needs. Use idle money, if the money is lost you are not too bothered by the money.