Why you should use spare money to invest

[Kasabus]

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.

That’s one of the basics in investing, putting a small amount of money at first so that if you lose, you will never be affected with it. But since new investors are mostly greedy, they immediately invest in big amount hoping that it will surely give them big returns. And when they lose them because of their greed and being impatient in the market, they end up having financial struggles and jump into conclusion that crypto is a real scam and should not be trusted for all investors.

[GeorgeJohn]

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.

Investment have a scope which I believe that many people suppose to know that investment have strategies, so I believe that investment of bitcoin have it on way, for investment you have to take a proper instigation before you can invest in bitcoin, so I believe that such kind of investment is something that you have to know first before investing in bitcoin, you can't wake up and invest all your fund's into investment,  because people who has been using bitcoin know quite well bitcoin investment have advantages and disadvantages because its a virtual currency which sometimes might occur during the time of the investment as I may say, bitcoin disadvantages is higher than the advantages,  so the disadvantages is all about bearish time.

[Smartvirus]

At the time, bitcoin remains a not very well known commodity in our society. An alien to the many currency and means go investing in our world but in all that, there atr goose that have and ate taking maximum advantage of the innovation.
The strange nature of bitcoin being a digital currency m the fact that it ain't regulated, isn't backed up and governments are always seeking means to ensure it lands in a sink hole has got many weary and uninterested in the innovation.
It seems a very risky investment choice and that gives prospective investors reasons to shy away.

This is where investing with spare cash comes handy. For most, it just might be worth nothing and you possibly wouldnt gain much if you was able to hold on to it for price appreciation. Its a step at a time and what yiu call spare cash would be worth more than you can afford to lose when you invest continually.

[Vaculin]

There is no need to risk even small money as a newbie, for experience it is better to use a demo trading account. Once you are confident in making profitable trades, then you can use your spare money.

The demo only helps you to understand some trading features, it will not help you make the same profits when you enter a live account.

Investing and trading is a risky activity, so if you are too paranoid about the risks that exist then please do not trade or invest. To become a successful investor and trader to earn returns, you must consider the risks even if you have to start with a small budget. Do research, learn more and gain experience.

Live with the risks and embrace them. That way, you don’t have to fear those risks as they can be part of your future success. Otherwise, if you don’t take risks, you’ll never have something to achieve. And never stop from learning from all the experiences that you may encounter, especially those who made you experience losses as they can be your motivation to improve on your own craft. Demo trading might only be good for beginners but it can never guarantee success when you’re in live trading. Experience is still the best teacher.

[Luffygroove]

...
 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.

The keyword from my statement is "ready and prepared for the consequences" of course we don't want to lose our money even if it's spare money, but at least you won't get additional trouble like when you invest your daily needs money or loans.

[Mpamaegbu]

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.

Yes, it's good not to invest what can jeopardize our peace of mind or render us a financial wreck. The only reason this is sermonized is in case things go wrong as no one has a full grip of what happens in this industry. It's not as if it's always awry. Those who invest small, fearing they will be wrecked if things go sour should also not regret not investing more if things go well. No regrets in this industry. Whatever happens should be seen as a lesson and not as a moment of regret or get bloated with excitement.

[Kelward]

Snip~

So the bottom line is, invest what you can afford to lose in Bitcoin and other investments because the risk associated with investment is not only limited to Bitcoin alone but all other assets and investments.

Let me tell you a real-life story, I have a friend from whom I received the same amount as payment for our overtime travel work sometime last year 2022, and when we wanted to invest the money, he optioned into real estate because he feel it more secure and profitable than bitcoin, but I used my whole allowance and travel payment to buy more bitcoin.

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.

I agree with you that it is not investing what you can loose, but making extensive research before investigate. If you carry out your feasibility study well and truly find out that a business is profitable, then why invest spare money. I'm not saying that you should put all your money in it, but if you believe in the investment, then you can put in something substantial to invest in the business. Business is all about risk taking.

[isaac_clarke22]

At the time, bitcoin remains a not very well known commodity in our society. An alien to the many currency and means go investing in our world but in all that, there atr goose that have and ate taking maximum advantage of the innovation.
The strange nature of bitcoin being a digital currency m the fact that it ain't regulated, isn't backed up and governments are always seeking means to ensure it lands in a sink hole has got many weary and uninterested in the innovation.
It seems a very risky investment choice and that gives prospective investors reasons to shy away.

If not alien, it can be that people have misconception like me back in the time when it was still cheaper. I always had thought that Bitcoin was sort of like an illegal coin that is continuously being hunted down by the government and it was only purely used by criminals in both Surface Web and Dark Web.
This is why I did not even invest a single penny at that time.

It is still indeed a risky investment these days, but hey from how Bitcoin just surpassed 20k for like 2-3 years ago. Pretty sure that would build up trust for those "prospective investors".  Knowing that Bitcoin does not worship a regulator nor it is regulated by another party is just a plus for me like always.

I agree with you that it is not investing what you can loose, but making extensive research before investigate. If you carry out your feasibility study well and truly find out that a business is profitable, then why invest spare money. I'm not saying that you should put all your money in it, but if you believe in the investment, then you can put in something substantial to invest in the business. Business is all about risk taking.

Sometimes extensive research and FS are overkill if you know that the coin/token/project is just shit. Let's say most of the meme coins out there fall into this category, like there is no need to do such extensive research from it.

[AakZaki]

Yes, it's good not to invest what can jeopardize our peace of mind or render us a financial wreck. The only reason this is sermonized is in case things go wrong as no one has a full grip of what happens in this industry. It's not as if it's always awry. Those who invest small, fearing they will be wrecked if things go sour should also not regret not investing more if things go well. No regrets in this industry. Whatever happens should be seen as a lesson and not as a moment of regret or get bloated with excitement.

Sometimes people don't think like this. They tend to speculate a lot more. They are attracted because of the benefits they will get even though they do not have the expertise. I think it's better for you to use money you don't use. Not a reserve of money, but indeed you are ready to lose the money you use. Reserve money is still risky enough to invest. Invest with very free money. Start small, learn how to manage your money and how to invest. It will shape your investment pattern and of course you feel more confident in your abilities.

[ShowOff]

Sometimes people don't think like this. They tend to speculate a lot more. They are attracted because of the benefits they will get even though they do not have the expertise. I think it's better for you to use money you don't use. Not a reserve of money, but indeed you are ready to lose the money you use. Reserve money is still risky enough to invest. Invest with very free money. Start small, learn how to manage your money and how to invest. It will shape your investment pattern and of course you feel more confident in your abilities.

Regardless of where someone's investment budget comes from, I think in the end they also have to recognize and consider risks. Investors who succeed in getting returns are those who manage their investment risk well even though they have to take bigger risks.

Sometimes I agree that the source of the investment budget must be money free from long-term use plans. But using a reserve fund or what is often called an emergency fund is also fine instead of keeping fiat for the long term. The main problem is the percentage how many they are, it must not be a problem if the reserve fund is used for investment. I think using 10% to 20% of reserve funds for investment is within reasonable limits.

[Mpamaegbu]

Sometimes extensive research and FS are overkill if you know that the coin/token/project is just shit.

That's just the point! Sometimes I want to compel myself to believe that most people forcefully expose themselves to be scammed. Everyone has guts feeling that alerts us of something but truth remains that sometimes we want to ignore it and do the permissive, especially when our minds are already made up to do it. In trying to go ahead we conjure up all sorts of "what if". Frankly, there are projects with scam well written over them without anyone digging an inch into them in research as to whether they're genuine or not. Yet there are people who still invest in those projects. How such projects get those they scam is a wonder to me.

[Finestream]

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.

Regardless if you are a beginner or pro in an investment, it’s always important to invest only at your spare money or your extra money so that if you end up losing them, that will not affect you that much. Unlike those who invest all in and spend all their hard-earned money, when their investment fails, it turns out that they also want to end their lives thinking that they are no longer worth it anymore. Life itself is an investment, if you don’t know how to handle the risks associated in it, you will never be successful in the long run.

[AakZaki]

Regardless of where someone's investment budget comes from, I think in the end they also have to recognize and consider risks. Investors who succeed in getting returns are those who manage their investment risk well even though they have to take bigger risks.

Sometimes I agree that the source of the investment budget must be money free from long-term use plans. But using a reserve fund or what is often called an emergency fund is also fine instead of keeping fiat for the long term. The main problem is the percentage how many they are, it must not be a problem if the reserve fund is used for investment. I think using 10% to 20% of reserve funds for investment is within reasonable limits.

The investment chosen should also absolutely guarantee that it will last for the long term and will not be lost. Sometimes people get trapped into investments made by scammers and their money disappears completely. This is indeed an investment risk, it is necessary to do detailed research to find out. Some emergency funds will help if the crash continues. Emergency funds can be obtained from personal money or unused savings, but remember this will be a big risk if there is no commensurate return. You really have to think about it and know the risks involved.

[Smartvirus]

The general idea of using spare money to invest emanates from the fact that, this is something you can afford to lose and it won't hurt so bad should that be the reality of things, a lose. You just want mind because, this is a money that comes with less expectation and you could as well declare it as lost upon investment. This is one of the reason why investing with spare money which is often referred to as a ready to lose money is desirable.

Another scenario comes in to play for those who believe bitcoin or the idea of cryptocurrency could crash some day. You feel more safe with spare money and in the event that it blooms, your sure to be proud of what your worthless funds provided for you.

[drwhobox]

Regardless if you are a beginner or pro in an investment, it’s always important to invest only at your spare money or your extra money so that if you end up losing them, that will not affect you that much. Unlike those who invest all in and spend all their hard-earned money, when their investment fails, it turns out that they also want to end their lives thinking that they are no longer worth it anymore. Life itself is an investment, if you don’t know how to handle the risks associated in it, you will never be successful in the long run.

Yes, spare money is safe for investment. If you have a family to feed, if you have bills to pay, you cannot use that money to invest. Especially bitcoin investment is quite risky and it is better to invest for long time. But if you don't use your spare money in bitcoin investment you have sell your coins at less price to maintain your cost and if you somehow lose that money you have to borrow money from other.

So to avoid risk, invest spare money in bitcoin.

[freedomgo]

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.

You are right on this. Investing using our spare money will make us more focused on our long term goals without being bothered by any price fluctuations or market crash. We will no longer panic or become stressful when the market suddenly turns bearish knowing we only invest an amount that is not needed at the moment, so the essence of having patience and perseverance will be more utilized provided that we are aiming for long term investment. And there will be bigger chances to enjoy and be thrilled on the high volatility of the market since it’s high volatility alone can offer us life changing results.

[reagansimms]

Regardless if you are a beginner or pro in an investment, it’s always important to invest only at your spare money or your extra money so that if you end up losing them, that will not affect you that much. Unlike those who invest all in and spend all their hard-earned money, when their investment fails, it turns out that they also want to end their lives thinking that they are no longer worth it anymore. Life itself is an investment, if you don’t know how to handle the risks associated in it, you will never be successful in the long run.

Yes, spare money is safe for investment. If you have a family to feed, if you have bills to pay, you cannot use that money to invest. Especially bitcoin investment is quite risky and it is better to invest for long time. But if you don't use your spare money in bitcoin investment you have sell your coins at less price to maintain your cost and if you somehow lose that money you have to borrow money from other.

So to avoid risk, invest spare money in bitcoin.

If you look at the historical movement of Bitcoin, the price can spike and then fall very quickly. Even though it provides benefits, investing in cryptocurrency is like a double-edged sword. On the one hand, it can provide high profits, but in an instant it can also make you lose all your money. For this reason it is highly recommended to use money that you can afford to lose.
It takes strong mental readiness in Cryptocurrency investment because the movement is very much like a roller coaster, investors need to consider before deciding to invest in Cryptocurrency including where the source of the money will be used.

[michellee]

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.

You are right on this. Investing using our spare money will make us more focused on our long term goals without being bothered by any price fluctuations or market crash. We will no longer panic or become stressful when the market suddenly turns bearish knowing we only invest an amount that is not needed at the moment, so the essence of having patience and perseverance will be more utilized provided that we are aiming for long term investment. And there will be bigger chances to enjoy and be thrilled on the high volatility of the market since it’s high volatility alone can offer us life changing results.

By investing using money not used for anything, we will not be bothered by any problems and can focus and make money from investing or trading. And always try to calculate how much we can use in investing to be sufficient for our monthly needs.

In addition, if we experience a loss and keep the coin, we will not be influenced to sell it at a loss because we can still be patient, waiting for the price to rise again.

That is why we must have the correct capital allocation in investing or trading. We can also expand our investment if we have managed to get a profit so that we will have even more investment.

[Dzwaafu11]

So before entering in trading, crypto make sure that you research

Not only trading, but anything you put your money into requires knowledge of such things, the risk behind the investment, and so on, because what is the point of investing if you don't know where you're putting your money? I believe you're taking a higher risk than those who understand how it works because they have the best knowledge of controlling their funds.

before betting your money that can easily lose at any time.

When you mention betting here, I believe you are referring to gambling. And there is difference between investing money in bitcoin and other cryptocurrencies and gambling is that investments allows you to invest your money in multiple places, whereas betting only allows you to put your money in one.

[Inwestour]

The general idea of using spare money to invest emanates from the fact that, this is something you can afford to lose and it won't hurt so bad should that be the reality of things, a lose. You just want mind because, this is a money that comes with less expectation and you could as well declare it as lost upon investment. This is one of the reason why investing with spare money which is often referred to as a ready to lose money is desirable.

Another scenario comes in to play for those who believe bitcoin or the idea of cryptocurrency could crash some day. You feel more safe with spare money and in the event that it blooms, your sure to be proud of what your worthless funds provided for you.

Tell me how much an investment, in which you are ready to invest only what you are ready to lose, will bring you, how much are you ready to lose?

I do not believe that investors who own large fortunes invest only what they are willing to lose, they risk large amounts, but at the same time they look at how risky their investment is.

My friend doesn't invest in anything, he just saves spare money and that's enough for him. Whenever he has some spare money, he buys US dollars and says that this is the best strategy for him. I explained to him that inflation in this case will reduce their value, but he doesn’t care, it doesn’t scare him and he doesn’t want to invest in anything. This is his choice, if he is so comfortable, then so be it, at least he will not lose anything in investments. I buy bitcoin and I do it with funds that I am not ready to lose, but if this happens, I hope this never happens, then I have reserves.