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August 27, 2021, 05:12:08 PM |
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Some people said that 'Don't invest more than you can afford to lose.' Do you agree?
Yes! absolutely and that was the golden rule in cryptocurrency investment, It's a high-risk type of investment, And also it behaves differently that's why it was more like a gamble compared to other kinds of investments like stocks and many others. "Invest only that you can afford to lose" is a must-follow rule especially for the noobs to avoid being caught by surprise. But most of the time people are not following that rule instead they make their own rule that was resulting in a massive loss. - Let me explain why a lot of people don't follow that rule because facing the enemy that knocks us down and bleeds, we are only more blind to our attacks, too little will not be able to fill the bloodlust that has arisen from our instincts, once fell into a rage, it can only be called an opponent forced to die and we will live or vice versa. But sober up, we are misplacing their role, this market is a companion and a partnership, one of their fingers is enough to press us deep underground, amateurs should not challenge the champion
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newwest
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August 27, 2021, 05:15:45 PM |
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This is my 1st principal that I will invest only extra which I do not have to look or stressed about if I end up losing in the worst come scenario. This just gives me cushion as well if market falls I can hold it as not depended on that money because that is extra and can be hold for a longer term if required.
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Rakeshten
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August 27, 2021, 07:00:58 PM |
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Yes, I fully agree. Because this crypto market is totally risky. No one knows what will happen in the next hour. Any bad news can impact highly on BTC which will affect other altcoins so it is necessary to don't invest more than that you can afford to lose.
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Plinteng
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August 27, 2021, 07:09:57 PM |
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Some people said that 'Don't invest more than you can afford to lose.' Do you agree?
Of course, I have even implemented it. because I know that investing in any coin has its own risks, especially the price of a coin which is very volatile or can change at any time. on the other hand i invest more than i can afford to lose, i use some of that money which is generated from the bounty.
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Boomber
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August 27, 2021, 08:07:39 PM |
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Some people said that 'Don't invest more than you can afford to lose.' Do you agree?
100% agree, because every investment must have a risk and of course investing in cryptocurrency has a big risk, so you have to be prepared with the risk (ready to lose your money when the project you invest fails), therefore I never recommend to my friends to invest all their money in cryptocurrency, because the risk of losing money can occur, therefore it is better to invest with money that are ready to lose, so you won't be stressed when the price of coin that you invest dump or the project fails.
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Traderbtcc
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August 27, 2021, 09:06:07 PM |
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Some people said that 'Don't invest more than you can afford to lose.' Do you agree?
Of course, that's actually the most important rule of investing, you simply can't just throw all your money into one coin cause investment is risky and its not certain that you may get a profitable return, few reasons why you should have a diversified portfolio, don't put all your eggs in one basket to avoid becoming broke when the coin eventually dump, the crypto market is very volatile and risky that's why you shouldn't just buy up a coin with all your money.
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ene1980
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August 27, 2021, 09:06:44 PM |
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What is there to agree with this, you can only invest what you can afford and there are some who takes the extreme step to invest everything in Bitcoin and when you had this idea a few years back then you would have made a fortune. I have not heard about anyone taking risk to invest in any alts but only in Bitcoin you can afford to take some risk and if you invested when the market was down, then you could reap your benefit.
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sunsilk
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August 27, 2021, 09:38:52 PM |
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Yes.
It is the first rule of thumb that every investor has to remember. You invest in this volatile market with the amount you can afford to lose. Because you'll never know the altcoin that you've invested will start to dump.
And you're totally invested on it, you're about to lose 50%-90% of your money so that should be acceptable to you.
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Fatunad
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August 27, 2021, 09:50:20 PM |
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Some people said that 'Don't invest more than you can afford to lose.' Do you agree?
101%. This had been the golden rule on this crypto market since the risk is pretty high compared to traditional investments which it is just right that you should really know on how to risk handling because most newbies do expect that earning money on this place is easy without realizing or knowing the real deal until they do experience losses then thats the only time they do really learn. Invest on the amount that you could afford to lose and dont invest an loaned money or been borrowed. Dont use your life savings because if you do then its suicide. Crypto market doesnt guaranteed profits and you should put it up to your mind.
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kawetsriyanto
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August 27, 2021, 09:52:19 PM |
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Some people said that 'Don't invest more than you can afford to lose.' Do you agree?
This is the basic if e are going to invest. I absolutely agree with this. If we are forcing ourselves to invest as much as possible without considering the risks and the loss that we can really afford, there will be regrets later. We will not know what will happen in the future. We even don't know exactly whether we will always win and take profits or not. But, risking ourselves very highly over what we can afford is not a wise idea. That is why I do agree with this.
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gabbie2010
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August 27, 2021, 10:55:39 PM |
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Some people said that 'Don't invest more than you can afford to lose.' Do you agree?
This is like a law of investment in cryptocurrencies, this is a market that is not regulated, funny enough any Tom, Dick and Harry can clone a coin and make it to look real and credible invariably launch an ICO or IEO etc in a bid to attract investors whereas it is a scam, of course investing with what you can afford to lose wouldn't have much impact even if the project turned scam, however investing a big chunk of your funds in those type of project will be absolutely disastrous and might lead to bankruptcy, always invest wisely in cryptocurrencies related projects to avoid any eventuality.
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Quidat
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August 27, 2021, 10:59:26 PM |
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Some people said that 'Don't invest more than you can afford to lose.' Do you agree?
This is the basic if e are going to invest. I absolutely agree with this. If we are forcing ourselves to invest as much as possible without considering the risks and the loss that we can really afford, there will be regrets later. We will not know what will happen in the future. We even don't know exactly whether we will always win and take profits or not. But, risking ourselves very highly over what we can afford is not a wise idea. That is why I do agree with this. You should always mind of about the risk and any investment does have corresponding risk and dont mind off about that you cant lose money here and knowing that cryptocurrency market is way too volatile then you should prepare yourself on more riskier due to movement of price in wider percentage.Invest on the amount you could only afford to lose and risk more if you do see some opportunity to make profit but this is situational or does depend on the possible opportunities that you do really see and this is on self jurisdiction so you should really be that mindful.
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andeluna
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August 27, 2021, 11:07:49 PM |
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Some people said that 'Don't invest more than you can afford to lose.' Do you agree?
Yes I'm Agree with that quotation that is best for newbie in investing specially in crypto currency. Many people get mess with some other investment they will putting theyre all money in one investment without knowing what will happen in last. Newbie in Investing is just like this is your first time to plant a crop if you dont have knowledge with it theres a possibility that your crop will not grow and it will die just like by investing if you put all of your money to the wrong investment without knowledge of what you are doing it will totally go to trash thats why thats quotation is best to all investors by not losing too much money and get lost at the end.
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Wulan_maniez
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August 27, 2021, 11:16:40 PM |
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Invest not with money for daily necessities or borrowed money. Because investing is not a short time if you want to get maximum profit. So you won't feel depressed or in a hurry to make a profit. Because basically in investing it, we have to be patient.
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TelolettOm
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August 27, 2021, 11:48:15 PM |
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Of course. Who wants to risk themselves by investing more than what they can afford? Ah I see, many. moreover the newcomers in the crypto world. The profits that are offered may be very intriguing and very promising. So, some people may decide to get loans and use them for investment. It is fortunate when they can really get the profits. but unfortunately, there are many people who exactly lose their money because of greediness, because they cannot manage their funds and they use more than what they can afford.
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Jolankaa
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August 28, 2021, 08:42:33 AM |
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Yes, 100%. I read a text on Blockster yesterday about 5 things to know about crypto investing. Check it out if you're interestedhttps://blockster.com/blockdesk/1349_5-things-we-ve-learned-from-the-business-world-about-crypto-investingg
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zachyboy090118
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August 28, 2021, 08:44:16 AM |
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Some people said that 'Don't invest more than you can afford to lose.' Do you agree?
Agree mate, just invest exact investment you can afford to lose for you avoid more damage in your funds. Most of all consider also your capability and level of expertise. If you have that than your more comfortable with your fund to gain but if you have lesser experience and you invest too much than probably more lossing to your fund will happen and affect your life eventually.
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Connor Britton
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August 28, 2021, 08:48:57 AM |
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This is absolute. And don't borrow money to invest. Some people like to invest all their money. Others like stable investment. The risk is small and the investment amount is small. Our advice to everyone is: Investment is risky, do the right thing in your own field.
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Anonylz
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August 28, 2021, 09:00:54 AM |
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High risk high reward some people will say, if you don't take a bold step you can not make it big, and on the other hand, it is advice to invest what we can afford to lose, very good advice but if you are looking to make it big, you may have to come out of your comfort zone, all investment involves risk reason why it is important we understand this risk and be prepared for whatever the outcome, to me, I would take a chance with a trusting project but not in the sense of investing my life savings - not at all, only invest more than usual so that the end result will be satisfactory.
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traderethereum
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August 28, 2021, 10:23:29 AM |
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Some people said that 'Don't invest more than you can afford to lose.' Do you agree?
Yes, I agree with that because if you invest too big money and you can not accept or be ready with the loss that can happen to you anytime, you will regret and maybe be disappointed with your decision. You need to calculate or know how much money you will use to invest in crypto so if something worst happens, you do not get a big loss. In the investment, you should know what you invest by searching for much information so you do not pick a wrong investment and you can not make a profit. You should use the money that you will not regret if you lose.
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