"Only invest an amount you can afford to lose"

[Newlifebtc]

This thread i considered it as a motivational thread for any beginner for cryptocurrency trading, because op is right enough, i reason go back when for investment, what of you invest all the money you have and finally you lose all, the next thing that is close to the person that time is death, the way am seeing it, somebody suppose to invest and reserve

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[LUCKMCFLY]

"Only invest an amount you can afford to lose."

Probably one of the most common pieces of advice I've heard when it comes to investing in bitcoin, and I've used it a lot of times too. But honestly, in our current situation where fiat is getting printed like hell, I started to use that statement less and less. It just seems that holding bitcoin is now totally necessary.

Don't get me wrong, we should still be heavily educating people when it comes to proper investing in general with DCA-ing and probably not going all-in on one go and stuff, but I think bitcoin is a lot less risky of investment now compared to the past few years despite it still being volatile.

Thoughts? Opinions?

I still apply the same advice because no matter what we think of crypto, it's still volatile and has risks so I would rather invest the money that I could only afford to lose so I wouldn't have regrets in the end. If we'll put all our assets in crypto without thinking about the risks, it might affect our current financial status, or worse, we might have losses that would have a huge impact on our financial stability.

This is one of the best sayings that can exist, not only for investment, that saying applies to gambling, when we are trading and have large capital, it is always good to do adequate risk management for our economy, that is, , for me of 100% I only risk losing 20% of it, and that 20% is what I put to trade and I can divide it in the way I want, managing that 20% in at least 3 trades, within which I do not allow myself to put a stop loss that is above 10%, that is how I manage the money and what I am allowed to lose.

[airdata]

Investment in crypto assets is comparatively  more risky in the short term but in the long term it is highly profitable if you invest in Top 10 crypto currencies including Bitcoin and history of Bitcoin has proved this fact again and again.

Short term investment means have risk, it is not true, Short term means maybe one to six week, short term investment will profitable if someone invest on News base coin, becouse every time alt coin is pump for their news.       

[kucritt]

for newbies, i think that statement are very good way to invite them to join in bitcoin, time by time they will get the return and the benefit by investing in bitcoin. and i think it will change their opinions about bitcoin. so i think that statement can be use in some aspect

[AicecreaME]

"Only invest an amount you can afford to lose."

Probably one of the most common advice I've heard when it comes to investing in bitcoin; and I've used it a lot of times too. But honestly, in our current situation where fiat is getting printed like hell, I started to use that statement less and less. It just seems that holding bitcoin is now totally necessary.

Don't get me wrong, we should still be heavily educating people when it comes to proper investing in general with DCA-ing and probably not going all-in on one go and stuff, but I think bitcoin is a lot less risky of an investment now compared to the past few years despite it still being volatile.

Thoughts? Opinions?

I still use this statement and still live by it. Personally, this quote serves as a reminder for me to do risk assessments before entering anything. May it be crypto, stock market, gambling, NFTs, or other forms of investment vehicle and money-making things, this quote applies. Only investing what you can afford to lose is a great reminder for us to only use and spend our spare money only and not the money that we need to use in our daily needs or other important matters. Because everything that involves money to generate income is considered a risk. Even a small business is a risk. Hence, before deciding to invest it is really important to do in-depth research first to avoid regrets and losses later.

If you know it to yourself that you really did your best to search about what you are trying to enter, then you have a little to worry about. Of course, the risk is still present, but you already managed to mitigate big losses by researching. Usually, other risks present just really depend on the external factors in which you have little control. That is when you just hope for the best and hope the odds will be in your favor. Once you did your part, you just have to wait for the results because we all know crypto is volatile. The value of your coin will depend on the market demand.

It's really better to have an investment in crypto nowadays no matter how small or big it may be. An investment is something you could use in the future when you need to. Having it in crypto which is lesser prone to inflation is a good thing to avoid your funds depreciating. But I still suggest to invest what you can afford to lose and to not go all in, since not every day is a good day in crypto. There would always be times that the market would hit rock bottom and during those days, you will really have a hard time withdrawing your funds because of low value. So, the bottom line is, if you really want to invest, just use your extra money. The money you can afford to be stuck for a while or even lose permanently to avoid emotional stress when chaos starts to take over.

[awik p]

a great way to invest, by using money that we can afford to lose so that when we invest we can easily hold it, for example a young person in my country who buys cryptocurrency, until he forgets to have invested, and so remember he is now a billionaire , therefore he seems to have no burden on the high volatility of the market

[airdata]

Let's be honest: how many people apply this rule?

I don’t know that How many people Apply this rule for their trading or investment, but before my every investment i believe this topic, becouse i know that everything is possible in Market, and also i believe that if i invest in Good coin then it will profitable for my investment.  

That's the problem with most of us 'greed'. Most of us see Crypto as a get rich quick scheme.

Exactly, The maximum people think that they can earn multiple profit from his investment after his investment. For Example Someone buy $100 worth a coin      after his buying if his coin is 20% pump then he think that it is not enough for me, he want more, it is Greed and greed means loss.               

[JustAnOtherLoser]

Thoughts? Opinions?

It depends. I think the most disturbing numbers are the once, we'll never (fully) see: Like Eurodollar Network stuff. By now I've seen and read anything between "hyperinflation is now", "stagflation is now", "deflation is now". The one thing I guess we can all agree on is that the current global financial system is a. fucked up and b. highly complex.

... That given: Who knows what BTC will do. In theory BTC is more or less the only fix for that mess we got into with fiat, but if only a few million (even that seems pretty cool tho) use it - we'll fail eventually. Its basically a financial war and it looks extremely well for us crazy internet money guys. I myself invested never more than I could afford to lose for 2 Halvings, but since Covid hit the market my FOMO kicked in. I guess "Only invest an amount you can afford to lose" is a good Phrase for risk averse people or starters.

Lets not forget that most people think not having a support hotline is a bad idea. I myself have to grow on that thought still after all these years Before 2017 BTC seemed like a small hobby project going off the rails, now 4 years later the first mayor Banks and some small Countys are using it.

We're getting somewhere. Even pretty fast, if you ask me... but BTC will be a "risky Investment" for the most of the people for a looooong time. At least I know now: "There is no top, Neo."

PS.: Don't trade your hard earned BTC for Fiat, that's ridiculous 

[JohnBitCo]

This thread i considered it as a motivational thread for any beginner for cryptocurrency trading, because op is right enough, i reason go back when for investment, what of you invest all the money you have and finally you lose all, the next thing that is close to the person that time is death, the way am seeing it, somebody suppose to invest and reserve

Everyone know this that they should only invest that money which they can afford to lose but in practiice only few people follow this practice.  
People want to invest more money because they think that if they invest more they could make more profits. They forget the probability of the loss which can happen too.

[rodskee]

Don't get me wrong, we should still be heavily educating people when it comes to proper investing
Thoughts? Opinions?

I never Get tired of trying my Very best in educating those people around me specially those who starts learning about crypto and not just Bitcoin.

I remember few days ago a former Classmate in college drop by in my Inbox and shows His interest about crypto(NFT specifically) and I open my door in all questions he wanted to be answered.

But of course before the discussion ends , I offer Him to invest in Bitcoin more than In altcoin as I know the safer he can be in this coin than in the popularizing NFT now.

Thank you for such thread because this is worth spreading not only for Newbies but also to those investors that still has a Greedy attitude .

[dbc23]

"Only invest an amount you can afford to lose."

Probably one of the most common advice I've heard when it comes to investing in bitcoin; and I've used it a lot of times too. But honestly, in our current situation where fiat is getting printed like hell, I started to use that statement less and less. It just seems that holding bitcoin is now totally necessary.

Holding is for patient investors. Bitcoin keeps playing with investors emotions regularly and each time it tries to making a move up it keeps going dip. But has fiat gets printed more often it's best to hold and holding implies a money you might not necessary have a need for as the market would definitely keep playing with emotions until it makes it new ATH

[bct-user]

Everyone know this that they should only invest that money which they can afford to lose but in practiice only few people follow this practice.

That's because they are greedy. People become crazy to put all their money in crypto after they succeed to take profits at the first attempt. But then, they regret it since there is a huge correction after a big pump. It happens in most altcoins, especially those meme coins. Doge and SHIB ever skyrocketed, people think investing money in these coins is safe enough with support from Elon Musk. But finally, they lost their money after the hype of these coins are over. From these phenomena, we must learn that no coins safe enough to invest with all our money.

[bitzizzix]

This thread i considered it as a motivational thread for any beginner for cryptocurrency trading, because op is right enough, i reason go back when for investment, what of you invest all the money you have and finally you lose all, the next thing that is close to the person that time is death, the way am seeing it, somebody suppose to invest and reserve

Everyone know this that they should only invest that money which they can afford to lose but in practiice only few people follow this practice.  
People want to invest more money because they think that if they invest more they could make more profits. They forget the probability of the loss which can happen too.

Only investing the amount you can afford to lose is the best word for any investment including bitcoin and other cryptocurrencies.
but sometimes people don't do that and it's very clear that they don't have the knowledge or learn how to invest properly and how to avoid risk.
and all they think about is making big profits and sacrificing the money they need to invest without thinking about the losses that will occur.

[airdata]

Holding is for patient investors. Bitcoin keeps playing with investors emotions regularly and each time it tries to making a move up it keeps going dip.

Emotion is very dangerous for Trader and for investors, if someone is Emotional for his investment, if he think that my buying price was $10 and now price has $9 how can i do, i lost my money, then they sell their coin with low price, it is actually panic sell and for every investors Patient must Need.       

[Botnake]

Holding is for patient investors. Bitcoin keeps playing with investors emotions regularly and each time it tries to making a move up it keeps going dip.

Emotion is very dangerous for Trader and for investors, if someone is Emotional for his investment, if he think that my buying price was $10 and now price has $9 how can i do, i lost my money, then they sell their coin with low price, it is actually panic sell and for every investors Patient must Need.       

Well, if you can't be patient and is always affected everytime there is dips happening, then better stay out from crypto. Otherwise, you will only regret why you had invested it in the first place because you only end up panic selling and lose a huge amount.

However, being patient in crypto brings a lot of advantages. Meaning, if you can simply hodl for long, then the bigger profits await for you. I still believe investing in an amount you can afford to lose is definitely helpful as it guide you to diversify your investments so you won't be losing in just a single time.

[Vaculin]

This thread i considered it as a motivational thread for any beginner for cryptocurrency trading, because op is right enough, i reason go back when for investment, what of you invest all the money you have and finally you lose all, the next thing that is close to the person that time is death, the way am seeing it, somebody suppose to invest and reserve

Everyone know this that they should only invest that money which they can afford to lose but in practiice only few people follow this practice. 
People want to invest more money because they think that if they invest more they could make more profits. They forget the probability of the loss which can happen too.

Only investing the amount you can afford to lose is the best word for any investment including bitcoin and other cryptocurrencies.
but sometimes people don't do that and it's very clear that they don't have the knowledge or learn how to invest properly and how to avoid risk.
and all they think about is making big profits and sacrificing the money they need to invest without thinking about the losses that will occur.

That is mostly the initial mindset of people who only came to crypto for a quick rich purpose hoping once they put up a bigger amount, it will give them huge returns  instantly. But crypto is not like that. You need to take the risk but make sure you know how to manage the risk. Invest only on an amount you can afford to lose as there is no assurance if you will win or lose in the next phase. And if you can't bear making losses in crypto, then you are not meant to stay in crypto for long.

[milewilda]

This thread i considered it as a motivational thread for any beginner for cryptocurrency trading, because op is right enough, i reason go back when for investment, what of you invest all the money you have and finally you lose all, the next thing that is close to the person that time is death, the way am seeing it, somebody suppose to invest and reserve

Everyone know this that they should only invest that money which they can afford to lose but in practiice only few people follow this practice. 
People want to invest more money because they think that if they invest more they could make more profits. They forget the probability of the loss which can happen too.

Only investing the amount you can afford to lose is the best word for any investment including bitcoin and other cryptocurrencies.
but sometimes people don't do that and it's very clear that they don't have the knowledge or learn how to invest properly and how to avoid risk.
and all they think about is making big profits and sacrificing the money they need to invest without thinking about the losses that will occur.

That is mostly the initial mindset of people who only came to crypto for a quick rich purpose hoping once they put up a bigger amount, it will give them huge returns  instantly. But crypto is not like that. You need to take the risk but make sure you know how to manage the risk. Invest only on an amount you can afford to lose as there is no assurance if you will win or lose in the next phase. And if you can't bear making losses in crypto, then you are not meant to stay in crypto for long.

They would really be learning off things once they had able to experience the reality on dealing with crypto market and this is something which cant really be easily handled speaking of volatility.
You would really need to be smart for you to sustain on this market and only invest on the amount which you could afford to lose. Dont invest loan money or something you had borrowed.
Dont take risk on investing money out of those money you had attained on selling your assets.Its never been a good thing to do.
Even you do start up small then better to gradually able to grow it.

[Ultegra134]

Everyone know this that they should only invest that money which they can afford to lose but in practiice only few people follow this practice.

That's because they are greedy. People become crazy to put all their money in crypto after they succeed to take profits at the first attempt. But then, they regret it since there is a huge correction after a big pump. It happens in most altcoins, especially those meme coins. Doge and SHIB ever skyrocketed, people think investing money in these coins is safe enough with support from Elon Musk. But finally, they lost their money after the hype of these coins are over. From these phenomena, we must learn that no coins safe enough to invest with all our money.

These incidents are becoming more and more popular, with the founding of the Binance Smart Chain, where everyone can simply create a coin, with little effort. Especially after the hype with Doge and Shiba, the cryptocurrency scene was flooded with newbies that thought it's a get rich quick scheme, only to be proved wrong, shortly after. I even have acquaintances and friends of mine ask for advice, after purchasing some crap coins no one knows about, without any kind of research before proceeding.

[haasanjui]

It doesn't mean that you are investing for lost that  you can trade amount you can afford to lose. If you wanna trade you need to learn trading strategies and get all information about your coin which you want to buy. Then you can invest and earn then there were some chances to lose momey.

[CDC AP]

I think the advice is still applicable especially to an average person who does not have anything to invest in the first place. I agree that Bitcoin became less risky observing how it takes place in the society but surely people would need such advice to avoid large amount of loss for themsleves. Not all are very knowledgeable of how things work. It's better safe than sorry.