Why you should use spare money to invest

[SOKO-DEKE]

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Never invest money you can't afford to lose, especially in
cryptocurrency industry given the risk involved,this rule should always be followed.Being reckless and investing large sums of money in any type of business that you can't bear the risk at end can easily cause the investors to suffer a great deal of harm.

Is better to use small money or learn risk management first before investing especially newbies.

Both aspects are good to take into account, especially for beginners, but if I were to choose, I would choose to focus on learning risk management first. This would help me realize how much money may be appropriate for that business in order to generate a good amount of profits.

[Porfirii]

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At that time, the Bitcoin price was around 17k, but now, while my friend in real estate is waiting for tenants to rent his apartments, my own Bitcoin investment is already yielding of about 10 percent.

You were lucky but think that it could have worked the other way around if you bought it when the price was 65k and now you were waiting for the bull run to recover your investment. That's why you should follow the rule about what you can afford to lose: it's the only way to detach emotions from a rational activity like investing. Think about it, if the price was 65k instead of 17k when you bought, the difference would be immense.

[Lida93]

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Your investment advise does transcend beyond just bitcoin investment penetrating into other facet of businesses and it's more honorable and peaceful when people put in to invest amounts they are easy to forgo in case of a loss in the investment compared to going beyond ones financial strength.

Is better to use small money or learn risk management first before investing especially newbies.

Most times, it's the lack of risk management knowledge that puts many investors out there into making and taking wrong decisions about their finances. And it would be helpful should investors try to learn about risk management to help them in certain financial decisions about their business. As there is a clear distinction between an investor with a good risk management knowledge to another that doesn't posses a glimpse of anything about it.

[Aikidoka]

Well said. This applies not only to beginners but also to experienced traders who may not know much about risk management and end up losing not only their winnings but also their capital. It's just a matter of being wise and knowing how to control your money effectively.

To be honest this topic is quite interesting as I've seen many people lose a lot of money due to their poor money management habits and some still haven't learned their lesson. I believe they should use demo accounts to avoid making costly mistakes and learn gradually, starting with a strategy of investing only the money they can afford to lose or the spare money they won't regret losing later.

[YOSHIE]

Is better to use small money or learn risk management first before investing especially newbies.

Often people say, investment is one of the good goals for the future, investment doesn't have to raise a lot of money first, there is intention and will, investment is easy to do.
Sometimes we think we can buy 2-3 packs of cigarettes a day, why can't we afford to invest and find it hard to do....think of investing in crypto, like buying cigarettes $ 7 a day, thirty days $ 210, in one year we have invested $ 2,520 in crypto.

Invest a small amount, it will educate us to be big, if we know crypto we shouldn't think we can't by having to wait for a lot of money to be generated, seas can accumulate slowly, mountains can slowly erode become flat.

Invest in crypto according to your ability, don't force it, the results you get will definitely be good.

[ItsCrafty]

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

    Profit and loss is the first principle of trade and one should ready for any unforeseen situation, if doing aggressive trading. Business management is a detailed science from which we learn about the rules, method, principles and also the decision making ability, which is more important for a trader.
    Multiple experiences gives lesson to the investor, and also brought vision of market whom he involved. Profit and loss is the part of trading, and don't be panic about that . A man learn about his mistake or experiences during his life or time he spent. One should get ready for any situation.

Is better to use small money or learn risk management first before investing especially newbies.

  For newbies , at first, It is quite important to know about the investing methods, techniques and trading rules. One can learn from traders or gain by trading with small coins ( but before this, must know how to do that). With small money/capital, take short step marketing to learn what the trading is.

[Stable090]

Apart from this let your investment money not be from loan or borrowed to avoid pressure to repay.

Lots of people have endangered their life just because they went to take loan to invest, we all know that every investment is risky, I see no reason why you will take a loan to invest in cryptocurrency, if you are planning to invest, then you can start from the little you are having and you will keep on growing it gradually, it’s better than you taking loan to invest, so many people have committed suicide because they took a loan and they lose money, and they don’t have any means to pay back.

Newbies have to understand that some investment will never give you profit no matter how long they stay especially if you investment is on shit coin.

Have seen newbies taking loan to invest in shit coins, don’t you think that’s funny, why will you take a loan and the only coin you can invest it on is shit coins, it’s better you take a loan and invest in bitcoin if the loan is for long term, rather than taking a loan and investing in shit coins, if you take a loan and invest in shit coins, it’s just the same way with you taking loan and gambling with it.

I can’t invest my personal money In shit coin not to talk of the money I borrowed, I don’t know why some people just prefer taking unnecessary risk. But I think some people taking loan to invest in shit coins don’t really know much about cryptocurrency, maybe their friends introduced them to cryptocurrency and convinced them to invest in a particular shit coin, it’s going to pump hard and they will be very rich.

[rozak]

Is better to use small money or learn risk management first before investing especially newbies.

when someone decides to put their money in an investment, they must already be aware that they are taking the risk of losing. beginners still have to learn how they put their money into the right assets. it will help beginners not to panic too much about the investments made.
beginners are better off focusing on one asset first, like Bitcoin, and not trying to put their money in shit tokens.

[Jatiluhung]

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Is better to use small money or learn risk management first before investing especially newbies.

I fully agree with what you say. Because basically investing in any case must be based on insight regarding the assets to be entered. Not only in bitcoin but also in other investments that are even less risky. Everything requires careful consideration and analysis. Especially on a fundamental basis when it comes to long term investing.

And to invest in Bitcoin we must first know that this asset carries a higher risk than other investment fields. And behind all that Bitcoin is also the most potential investment than any other field. But it is very important for us before investing, we must first prepare the money to be invested, which is really cold money and will not be used for a long time, maybe even ready with the risk of loss. Maybe longtime investors know this. But for beginners things like this are often overlooked. They don't even hesitate to put their investments in one basket. Even though this is a basic thing that should be avoided by an investor.

[Ojima-ojo]

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You were lucky but think that it could have worked the other way around if you bought it when the price was 65k and now you were waiting for the bull run to recover your investment. That's why you should follow the rule about what you can afford to lose: it's the only way to detach emotions from a rational activity like investing. Think about it, if the price was 65k instead of 17k when you bought, the difference would be immense.

The fact still remains that, in bitcoin investment, never buy when the price is high because you may be getting in at the wrong time and that could affect your investment position for a long time, so the best time to buy bitcoin is when the price is low e.g of tou buy Bitcoin at the current price of 26k it will be a good discounted price, compared to those who open a buy position at around 30k+ BTC price, or those who bought ag 17k and refused to DCA when the price rises to 30k+.


Timing is very important when it comes to BTC investment and never to overtly obsessed with holding when the price increases significantly above the bought price, or failing to buy during a dip.

[nurilham]

And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Every investment has a chance for profits and losses. So, it is untrue if you assume Bitcoin isn't the same as other investments. But, I agree that Bitcoin investment is high-risk, that's why only use the money that we can afford to lose. So, it won't be a big regret although we fail to get profits and just get losses.

Is better to use small money or learn risk management first before investing especially newbies.

When we are a newbie, the focus should be learning or getting sufficient knowledge/experience. It is strange to use big money when you still have no enough knowledge/experience. But if we already have enough knowledge/experience, it is no problem to use bigger money.

[loopes]

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Your investment advise does transcend beyond just bitcoin investment penetrating into other facet of businesses and it's more honorable and peaceful when people put in to invest amounts they are easy to forgo in case of a loss in the investment compared to going beyond ones financial strength.

Is better to use small money or learn risk management first before investing especially newbies.

Most times, it's the lack of risk management knowledge that puts many investors out there into making and taking wrong decisions about their finances. And it would be helpful should investors try to learn about risk management to help them in certain financial decisions about their business. As there is a clear distinction between an investor with a good risk management knowledge to another that doesn't posses a glimpse of anything about it.

Yeah investors have to calculate their risk management before deciding to invest in any kind of investment. That is why i agree with you both that people should learn about risk management before investing. on this knowledge they will allocate their money to invest include from where is the money source to be invesment. either from saving or loan, people should have healthy wealth with combination of assets and liability.

[Devwuh]

Investment in the encrypted market is risky, and it is necessary to invest within the range of acceptable losses. And investing your money in many different types of assets can help reduce the risk of your portfolio, increase your wealth and achieve your financial goals.

[Luffygroove]

Let me paraphrase the question: "Why should you use spare money to invest and not money for daily needs?" because when you make sure to invest with spare money, you don't urgently need that money, and your daily needs are already fulfilled. This will relax your mind and make you better at taking decisions with a clear head. When you invest with spare money, it makes you more flexible in managing your portfolio without too much thinking about the money. Some people invest in crypto on loan; I think that's not good. If you lose, you lose not only your current money but also the loan. There is an additional burden to that. Investing the amount that you can afford to lose is the right answer. It's still going to hurt when you lose, but at least you're ready and prepared for the consequences.

[Yamifoud]

...
 It's still going to hurt when you lose, but at least you're ready and prepared for the consequences.

It is because we expect profit from our investment, not losses. Even though it was just spare money, it still had value and we work hard for it.
In my mind, even if it was just my spare money, I would still look it was very important to me and I have to work for my investment in order to succeed and not just be okay to lose them all.

Though it was recommended by most but I have to challenge beginners not to let it go so easily that is why we should have to look for good coins to invest in order to have some profit assurance. Besides, this will even boost our courage and motivate us.

[Alisha-k]

Same story everyday, aren't the new things to come up with??

...
 It's still going to hurt when you lose, but at least you're ready and prepared for the consequences.

It is because we expect profit from our investment, not losses. Even though it was just spare money, it still had value and we work hard for it.
In my mind, even if it was just my spare money, I would still look it was very important to me and I have to work for my investment in order to succeed and not just be okay to lose them all.

Though it was recommended by most but I have to challenge beginners not to let it go so easily that is why we should have to look for good coins to invest in order to have some profit assurance. Besides, this will even boost our courage and motivate us.

It's a risky world, while expecting the best, expecting to make profits, it's necessary to prepare for the worst.
Some good things don't come easily, you have to work tirelessly for it.

[imamusma]

when someone decides to put their money in an investment, they must already be aware that they are taking the risk of losing. beginners still have to learn how they put their money into the right assets. it will help beginners not to panic too much about the investments made.
beginners are better off focusing on one asset first, like Bitcoin, and not trying to put their money in shit tokens.

The main point is that every investment carries risks and nothing is risk free. In the crypto space, the investment risk is real as price volatility will automatically impact the budget they have even after 1 second from the purchase. However, the most feared risk is not volatility if the investment assets they have have great potential in the long term to provide returns, but the risk of losing assets due to lack of knowledge and experience in securing wallets is the most important.

Investors will not lose their bitcoin or investment assets even if the price fluctuates, but they will lose their investment assets when they do not practice the best security for their wallets. Trivial things might be fatal, so it's true that those who decide to invest in crypto should pay attention to what the risks are.

[qwertyup23]

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Is better to use small money or learn risk management first before investing especially newbies.

In addition to what you stated, always invest the money that you are willing to lose.

I remembered I read this article that once you save your money (e.g. safety deposit box, piggy bank, etc.), you are most likely to spend it. It is highly recommended that you use your spare money for investment purposes in order to maximize the returns that you can potentially earn in the future.

But again, treat your investments as money that can also potentially be a loss in the event of a market crash. That is the reason on why some create a contingency plan in order to at least lessen their losses. At the end of the day, an investment is something that must be followed and reviewed in order to get the most out of it.

[DaNNy001]

Is better to use small money or learn risk management first before investing especially newbies.

when someone decides to put their money in an investment, they must already be aware that they are taking the risk of losing. beginners still have to learn how they put their money into the right assets. it will help beginners not to panic too much about the investments made.
beginners are better off focusing on one asset first, like Bitcoin, and not trying to put their money in shit tokens.

I don't know but nobody is talking about the greed effect and to put you more in line, this logic or fact of knowing the right place to invest doesn't only applies to beginners as everyone can make wrong choices of investment prior to the greed effect that is seen in almost all humans. Most times the reason for people investing in these shitcoins as you called is because of the nature of how fast they can possibly make good profits in some time from these coins and most times no proper research is done as they are currently blinded by the money they can make from this coins and when this turns sideways all assets are lost to these type of investment because the shitcoins are never to be trusted as they can pump up rapidly and also die off extremely fast.

[Botnake]

Any investment could bring out the best profits or the best losses in you knowing how uncertain like bitcoin investment is. That’s the reason why we should never put an amount that is too hard to lose, but put an initial amount that you will never mind once you lose them all. After all, investing is not 100% giving you profits all the time. So in times when your investment is not working based on the plan, then it’s a good thing that we only invest using our spare money, as it could never affect our finances once it’s gone.