Yatsan
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March 20, 2023, 09:33:53 PM |
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No specific. If you can only invest 10bucks or $100, that would be fine. Bottomline, it should be an amount you won't hurt your feelings if ever the market will crash in an instant and there will be partial loss on your invested amount.It should be an amount you won't use if incase an emergency happened, and also, an amount you won'y use to buy something. This is what is ideal but I do get the point; there's no such thing as an amount we can afford losing because that is the sole reason why we engaged in this industry or investment field in general; to earn profit. But atleast use an amount that won't put you at the edge of the cliff, if ever things go the other way around as planned.
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bittraffic
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March 20, 2023, 09:36:21 PM |
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One non losable point I can tell is that Halving will be next year which means the supply of BTC will once again be cut to half and every time this happens there will be a bull market. As of right now, there suppose to be no bull run but the market is reacting very well to the crisis. BTC must be going very high by the next year guaranteed with an event such as Halving. Having just $100 as an investment I think will still make you a considerable profit you use in these crazy times.
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Ryu_Ar1
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March 20, 2023, 09:43:53 PM |
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Judging from the context that you describe, this actually does not refer to how much money, but how big the conditions and risks are to be in bitcoin investment. I think in this condition we of course when we have decided to be in bitcoin then we already know the risks that will occur here, and we are aware that this is a very big risk and no one can really guarantee that being here will last forever be good because it depends on your determination. As long as you really believe in being in this investment with all forms of risk, you will indirectly feel that this is the best thing to do, even though we also have to be prepared to lose the risks. But if you are not 100 percent sure about this, I don't think it's worth trying because of course when a crash occurs, panic is clear, considering that your intentions are only half here. I think convincing people who are unsure of their choice would just be futile and a waste of time on it.
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coolcoinz
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March 20, 2023, 09:45:43 PM |
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I never liked this expression. What you can afford to lose? I can afford to lose 90% of my money ant continue to live, but will that be the life that I want? On the other hand, if I play it safe and bet $1k, does that really change anything in my life, even if I win?
Bottom line, invest what you feel comfortable investing and make sure that money won't change your living conditions for worse. If losing your investment would mean you'd have to sell your car or your house, that's way too much. If losing your investment would mean you won't buy a new phone this year, or you won't be able to upgrade your TV from 50" to 80", you're fine.
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milewilda
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March 20, 2023, 09:47:22 PM |
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One non losable point I can tell is that Halving will be next year which means the supply of BTC will once again be cut to half and every time this happens there will be a bull market. As of right now, there suppose to be no bull run but the market is reacting very well to the crisis. BTC must be going very high by the next year guaranteed with an event such as Halving. Having just $100 as an investment I think will still make you a considerable profit you use in these crazy times.
Speaking about bull runs then we cant really be sure if history would repeat comparing out into those previous years but literally trying out to figure on what halving is then we could really be that so sure that the market would really be having a good positive run as long its demand is the same or would increase even more.Its not really that shocking about the market is really that highly reactive when it comes to market sentiments or fundamentals, neither it could make out some impact or not and that what makes even more harder for us to guess on what would be the next movement. We do know that it isnt really that something simple for us to handle this out.
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n0ne
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March 20, 2023, 10:50:37 PM |
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I never liked this expression. What you can afford to lose? I can afford to lose 90% of my money ant continue to live, but will that be the life that I want? On the other hand, if I play it safe and bet $1k, does that really change anything in my life, even if I win?
Bottom line, invest what you feel comfortable investing and make sure that money won't change your living conditions for worse. If losing your investment would mean you'd have to sell your car or your house, that's way too much. If losing your investment would mean you won't buy a new phone this year, or you won't be able to upgrade your TV from 50" to 80", you're fine.
We'll, this is how investment needs to be. What we afford to loss should not never disturb the comfort of living at any point. This is very important, even if the investment doesn't bring profit it shouldn't worsen the living style. However to specific limit we were able to withstand amidst loss and that seems to be the respective amount of investment. That's a fine technique to overcome the loss experienced out of investment. When we experience loss the same needs to be compensated through some means than just leaving it. Maybe cutting the year's unwanted needs is the right way in this high inflated economic situation.
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Desmong
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March 20, 2023, 10:53:45 PM |
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Investment is something that we consider as investment. Anything can be an investment in as much as we are going to get return from it. We are going to make profits from it. There are different types of investment we can try and put our funds so we can make more money. Investing in cryptocurrency Is another types of investment we will need to consider so that we are going to have a better profits.
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Ebede
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March 20, 2023, 10:55:17 PM |
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Money that you can afford to lose bring your investment in Bitcoin is the money that when it go out from your account you will not have a a double mindset or you will not be depressed so that is why we do encourage people off using a money they can lose or they can afford to look for any cryptocurrency investment not in Bitcoin only generally in cryptocurrency
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cozytrade
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March 21, 2023, 02:20:47 AM |
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how much money is considered as "invest only what you can afford to lose"
It is better to take as much as a person can hold. Because if you take more, you will surely get into trouble. Many people have a lot of money and could use more money in investments. I will never compare with him in this regard. If I want to invest compared to that then I must invest with debt. And if the market goes bad after that loan investment then my life is in vain. So everyone should think about using what they have personally. Even if it is a small measure, it is still my personal wealth. I think it's best to invest the money I have because if you borrow money from your friend or bank it will be very stupid. I once decided to borrow some money from the bank and invest in bitcoins when the price of bitcoins went up I sold bitcoins Will do and return the money to the bank and I will have some profit in the middle. Then my friend explained to me that if I take money from the bank and invest, even if I do not return the money on time, then I will have to face a lot of problems. So I did not withdraw money from the bank.
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BALIK
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March 21, 2023, 03:26:15 AM |
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how much money is considered as "invest only what you can afford to lose"
It is better to take as much as a person can hold. Because if you take more, you will surely get into trouble. Many people have a lot of money and could use more money in investments. I will never compare with him in this regard. If I want to invest compared to that then I must invest with debt. And if the market goes bad after that loan investment then my life is in vain. So everyone should think about using what they have personally. Even if it is a small measure, it is still my personal wealth. I think it's best to invest the money I have because if you borrow money from your friend or bank it will be very stupid. I once decided to borrow some money from the bank and invest in bitcoins when the price of bitcoins went up I sold bitcoins Will do and return the money to the bank and I will have some profit in the middle. Then my friend explained to me that if I take money from the bank and invest, even if I do not return the money on time, then I will have to face a lot of problems. So I did not withdraw money from the bank. The best way to invest is to use the money you already have, and do not borrow money in order to invest. But you also need to make sure that money is idle, lazy money, meaning your life is fine without it. Don't invest money you have but can't lose, you will also have trouble if you try to do so. To put it bluntly, when investing, no one wants to lose money but wants to make big profits, there needs to be a trade-off. To have success, we must first accept failure because success does not come to us easily.
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Twentyonepaylots
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March 21, 2023, 08:16:39 AM Merited by fillippone (1) |
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money i can afford to lose is so small for me that if it will be 100xed then also I will make profit very small what is the meaning of this "invest only what you can afford to lose" ? you also invested this small part of your savings(not talking about wealth) in bitcoin, I don't think many of you invested money that can not impact your life if all gone. and also please share some very rock solid points that investing in bitcoin is profitable, and non losable in long term, we don't know if other satoshi came out in 1-2-3 years later(just an less probability thought)
also tell about my english(feedback kind of) when i read my sentences, i feel this is very bad english.
I think that what is meant by the phrase “invest only what you can afford to lose” is to not invest the money that is meant for important things such as emergency savings and the personal expenses that you need to live. I think, we should keep in mind that in the world of investment in cryptocurrencies, the larger you invest the larger the profit or loss you could have. You should be trying to fully understand the economy since there are really some signs regarding the volatility of the cryptos. Also, regarding the profitability, I think, if you consider to invest as of this writing and then hold it for long time, you could see a profit if you are just persistent with your investment because this would really take time.
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tjtonmoy
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March 21, 2023, 08:42:35 AM |
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Investing in Bitcoin is a personal decision that requires careful consideration of the risks and potential rewards involved. Before making any investment decisions, it's vital to assess the possible outcomes and ensure that the investment aligns with your long-term financial goals. When it comes to 'Invest only what you can afford to lose' - it means you should not have any strings attached to that investment. You can save up for your investment and should not have any emotions attached to it. And afford to lose doesn't mean you have to lose it. There are loses and profits both in investment. If you can use stop loss properly, you won't lose that much. As mentioned above, it's your personal decision on how much you can invest and how much lose can affect your personal life. There's no actual amount. Learn your risk management and you are good to go.
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Mauser
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March 21, 2023, 08:44:24 AM |
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money i can afford to lose is so small for me that if it will be 100xed then also I will make profit very small what is the meaning of this "invest only what you can afford to lose" ?
The saving for me means that we shouldn't put all our savings into one investment. It doesn't matter if it's stocks, bonds or cryptos, there is always some risk to lose money. In my opinion we can invest 100% savings, just not in one or two assets alone. If we spread our money out and buy a well diversified portfolio than we don't have the same risk profile. Even if some of our investments are going badly, there will be others that are doing better. The whole idea is that in case we need money in the future, to buy a new car for example, or to repair our washing machine, then we are not forced to sell a bad investment. Most investments move in cycles and if we are forced to sell during a bear market it could lead to a huge loss.
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bitterguy28
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March 21, 2023, 08:48:34 AM |
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you already understand what is all about mate , but indeed that investment what you can afford to lose and that is what we must truly learn , and also try not to become greedy to be not a loser. but asking about how much the amount? there is no specific mate instead best if you will not count how much to earn instead the trust in crypto will tell you that.
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siedemtrzy
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March 21, 2023, 09:05:09 AM |
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It's different for everyone and depends on whether you have debts, how much you earn and how much do you spend. If you have debts I'd say to not invest or invest 5% or so, focus on paying those debts. If you are free from it, then 10-25% is fine, I think. Not financial advice, just thoughts from my personal experience.
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bakasabo
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March 21, 2023, 09:12:22 AM |
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I think it is impossible to specify the amount that is considered as "afford to lose", as each person is an individuality, everyone have different needs, income and lifestyle. "Afford to lose" amount is the amount of money a person can earn easily and quickly from my mind. Imho, that amount should not be large, because loosing large amount often born such ideas as "for that money I would have bought ...", and a person start to bother a lot or start to feel pity.
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March 21, 2023, 10:01:59 AM |
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As per this language or statement people do used is not a bad one but this simply shows that you may be able to withstand the pressure whenever you didn't see your investment anymore. For instance, if your salary is $500 per month and after your expenditures is being taken out from it, you are still left with about $200 or $150 for the month at this point you aren't expected to invest a whole lot of $200 or $150 inside of it rather what you would do is, to remove your savings and after which $50 or lesser is being left for you. You may now endanger the $50 every month to invest because you already created a savings for yourself and as well can be risking $40 or $50 every month to buy any fractions of bitcoin every month. This is considered as an investment otherwise you afford to lose it hoping your savings doesn't affected same principle is applicable to when your salary is below $500 or any amount.
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hZti
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March 21, 2023, 10:04:42 AM |
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money i can afford to lose is so small for me that if it will be 100xed then also I will make profit very small what is the meaning of this "invest only what you can afford to lose" ?
If you have so small money, then 100x more will make you 100x times more rich. I dont understand how that can be a bad thing. Obviously you can not become a millionaire quickly if you have small money to invest, but you can have a much better life if you would for example 100x your money. What you can afford to loose, means what you dont need in your everyday life.
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DapanasFruit
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March 21, 2023, 12:28:03 PM |
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You indeed have a bad English but not so bad that readers may not be able to understand the things you are hinting at. More practice and one day you can be a good English forum poster. Now, to your question: I think my "invest only what you can afford to lose" is very low all because right now am not financially stable. I can afford maybe $200 and nothing more and that is why I am not anymore involved with any crypto-based program which can go bust anytime of the day.
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Mpamaegbu
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March 21, 2023, 04:06:51 PM |
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For instance, if your salary is $500 per month and after your expenditures is being taken out from it, you are still left with about $200 or $150 for the month at this point you aren't expected to invest a whole lot of $200 or $150 inside of it rather what you would do is, to remove your savings and after which $50 or lesser is being left for you. You may now endanger the $50 every month to invest because you already created a savings for yourself and as well can be risking $40 or $50 every month to buy any fractions of bitcoin every month.
This whole idea of savings is even unnecessarily over hyped. I wouldn't keep something like the $50 you used in your instance out of the $200 or $150 for an investment. I rather invest the whole $200 once I'm sure it's cash I can keep after my monthly expenses. Look at it this way, inflation is on the rise. Any cash kept aside as savings won't appreciate. Rather it goes down in value. Banks don't pay much interest any more. So, why keep that aside then, whether in the bank or at home? Those who do that do it because they're scared of taking risk. Nobody grows rich by saving their money. People grow rich by investing their money, and by investing big!
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