Bitcoin Investment, Beyond "Invest What You Can Afford to Lose"

[KiaKia]

You can invest everything you have on Bitcoin and you will still be fine, Bitcoin investment is not that risky like every other assets, all you need to do is get a job and keep living like every normal person, years later you will thank yourself for making the decision.

I don't think Bitcoin is a risky asset anymore, and that's why Black rock and co are trying to get their hands on Bitcoin ETF soon, the only risky part of Bitcoin now is how you keep your private keys and recovery seeds safe, hold them tight and go away for years, when you are ready you will get access to your Bitcoin, not much to worry about with Bitcoin.

To avoid reaction to sudden volatility, you need a job and also some patience, the reason why people miss out is because they invested all they have into Bitcoin without something fetching them money, once they start to face some challenges they will come around and sell their Bitcoin, which is why I said that Bitcoin investment is very bad for those who are jobless.

[1714669763]

1714669763

[dockrun]

So, instead of wasting time and money on 'shitcoins', consider starting now it's not too late. The focus should be on investing what you are willing to HODL for the long run, rather than what you can afford to lose.

This advice is real, last year I lost a lot of money on shitcoins. Many influencers say Shiba, Akita, or whatever will increase 1000x from the current price. Unfortunately at that time I believed it and stupidly I was all in on this meme coin or shitcoin. it's a bad thing to live.

[tabas]

invest what you wont need in the short term, play the long game

This is for all and I think even if I rumble all of these phrases, we're all going to end up with the same meanings. But this simplies of what we're telling people why they need to invest what they can afford to lose. And that is because that money that will be invested is good that's gone and never coming back. Understanding it with this simple phrase will make people realize why everyone says affordability of losing when investing. It is because investing requires patience and the serious ones aren't just going to stay here short term but in long term.

[coiningz]

Yeah, investing in btc is about long run but still should be about "Invest What You Can Afford to Lose". We live in a pretty risky world and still selling a home to get money for investments is pretty bad idea as for me

[Wend]

You can invest everything you have on Bitcoin and you will still be fine, Bitcoin investment is not that risky like every other assets, all you need to do is get a job and keep living like every normal person, years later you will thank yourself for making the decision.

I don't think Bitcoin is a risky asset anymore, and that's why Black rock and co are trying to get their hands on Bitcoin ETF soon, the only risky part of Bitcoin now is how you keep your private keys and recovery seeds safe, hold them tight and go away for years, when you are ready you will get access to your Bitcoin, not much to worry about with Bitcoin.

To avoid reaction to sudden volatility, you need a job and also some patience, the reason why people miss out is because they invested all they have into Bitcoin without something fetching them money, once they start to face some challenges they will come around and sell their Bitcoin, which is why I said that Bitcoin investment is very bad for those who are jobless.

Just because you think bitcoin is risk-free doesn't mean it won't be. If bitcoin is risk-free, what assets are considered risky? Is gold or real estate risky and bitcoin risk-free? We are bitcoin investors and we have faith in bitcoin, but trust with knowledge and facts, don't be blind and trust foolishly. There is no investment without risk, the higher the profit, the higher the risk. Blackrock is just an investment fund and they can go bankrupt at any time. They do not guarantee anything about bitcoin.

[Fivestar4everMVP]

Bitcoin having proven it's worth over time in the crypto industry, still posses risk, most especially, if we consider the fact that we have different types of investors all around the world, so I personally believe that the term *invest what you can afford to lose * in relation with Bitcoin, can never be outdated as long as bitcoin remains an asset to be invested in, with the potential for profit or loss, depending on decisions, the investor make concerning or with their investment in bitcoin.

Even today, people still use the terms "invest what you can afford to lose" in other assets that have proven their worth over the years like real estate investment, land and properties, shares and so on, so this term is something that can never die off in relation to bitcoin, as long as the price of bitcoin is not stable but still volatile.

[kentrolla]

Very sensible and educational post, even i wonder why people still use the term "invest what you can afford to lose" this is not valid if you use consider bitcoin as an investment and this stands true only if you are in day trading without control on emotions or if you gamble as you mentioned or even futures trading.

I think most people now have realised that Bitcoin is not a risky investment and it's become more like gold but only difference is that it has capability to give much more returns than gold but it's just that fuds being spread during every fluctuations creates negative impact on large group of users. However, glad that people have realised fuds that they will only incur loses due to panic selling if they fall for these funds which starts appearing every time when the Bitcoin's price drops by even 5%. I think one should have clear mindset that Bitcoin doesn't guarantee immediate profits but a definite profit if we hodl.

[m2017]

The phrase "invest what you can afford to lose" has long been the go to advice when it comes to Bitcoin investments. In the past, it seemed to be a norm, a safety net, but it's time to reconsider its relevance. Over the years, Bitcoin investment has undergone a significant transformation. What was once a realm fraught with doubts, fears of capital loss, and scam risks has evolved into a more stable and less volatile investment landscape.

Even public opinion is subject to evolution. In the case of the bitcoin - revolutions.

While risks and scams still exist, Bitcoin itself has proven its worth, emerging as the premier cryptocurrency, demonstrating its dominance over others. The short-term fluctuations are there, but historical data consistently indicates growth over time.So, why should we continue to echo the sentiment of "invest what you can afford to lose" when referring to Bitcoin? I believe this phrase is more suited to gambling or trading, which we all know come with inherent risks.

It's not that hard to prove your worth and dominance by being the first cryptocurrency. Whoever started the race first is undoubtedly in great shape. It would be fun to see which cryptocurrency would become dominant if all projects started around the same time.

Well, so far, everything is going well with bitcoin and the phrase “invest what you can afford to lose” is irrelevant. But, as always, there is a nuance. We don't know how bitcoin will behave in the event of a global economic crisis, in the event of a ban by governments and regulatory authorities, or in the event of any force majeure. So, risks undoubtedly remain. But there is no doubt that, compared to the early years of bitcoin, the risks now seem less significant.

For those looking to HODL Bitcoin for the long term, with no intentions of actively trading, the focus should shift. Instead of investing what you can afford to lose, consider investing what you have to invest. Unlike other traditional investments like real estate or the stock market, Bitcoin allows entry with even a small capital  as low as $5 to $10, which isn't something I will even want to lose.such an investment should not fall under the category of what you can afford to lose.

Why go into a game with the intention of losing? You need to invest in such a way that it brings profit, not loss. Even if it's $5-$10.

Investing in Bitcoin means being part of one of the world's most revolutionary technologies. It's not just an investment in today but potentially one of the most valuable assets in the future. So, instead of wasting time and money on 'shitcoins', consider starting now it's not too late. The focus should be on investing what you are willing to HODL for the long run, rather than what you can afford to lose.

Investing in bitcoin is not only about seeking profit for yourself, but it is also an investment in the future of technology, community and, perhaps, the future of all humanity. Each purchase of bitcoin is, in fact, a kind of impetus for the development of this large-scale project.

[kryptqnick]

I also think that Bitcoin is a fairly safe investment these days. But there are just simple things that we can't be sure of. There's a risk of being hacked, scammed, losing access to one's funds accidentally, mistakenly sending the coins somewhere with no way of getting it back. Then there's also a risk that Bitcoin won't recover from this bear market or any future bear market. It recovered from all the previous ones, but there have been just a handful of them, and there's no guarantee that it will always be like this. Or maybe Bitcoin will eventually recover, but you'll need the money earlier than it happens, and you'd have to sell at a loss, for instance.
So when investing, people should consider the risks, even with Bitcoin.

[ZAINmalik75]

The phrase "invest what you can afford to lose" has long been the go to advice when it comes to Bitcoin investments. In the past, it seemed to be a norm, a safety net, but it's time to reconsider its relevance. Over the years, Bitcoin investment has undergone a significant transformation. What was once a realm fraught with doubts, fears of capital loss, and scam risks has evolved into a more stable and less volatile investment landscape.

You are right, bitcoin has transformed a lot and now it is time for us to avoid saying the norm invest what you can afford to lose because in your opinion BTC has become more less volatile and more trustworthy and less phishing which it was not before but it was considered as one because of less adoption, more hacks and more volatility of it.

But with more adoption the trust started to build and more people started to trust it and thus volatility decreased! wait what I am saying, with more trading volume volatility of the BTC should increase  So, dear op BTC was less volatile back then now it is not.

Overall we still have to use this norm as a disclaimer so that if one after hearing about BTC investment from you get into loss, and without this disclaimer he will ask you why did you not warned him etc.

[SamReomo]

invest what you wont need in the short term, play the long game

I think that's a pretty bold statement and that's very true for the ones who want to invest in Bitcoin. Unlike other crypto-currencies Bitcoin won't go to zero in value anytime and that's why it's quite safe to invest money into it and let that investment for at least a decade or two in order to have better profits.

Although investing in Bitcoin doesn't have any direct risks but if the investors aren't aware of the other potential threats that come from scammers and hackers then they will still have the risk even with Bitcoin investment. It's always better to reduce the risks before investing in Bitcoin and for that a user must have to learn about air-gapped system and cold wallets.

A hot wallet will always have it's risks and even someone with proper firewalls and antivirus software will still be at risk if he/she uses the system online. A proper way to be safe from such risks is to have your wallet in offline mode and also one should be careful about private keys, seed phrases, and other important details about one's wallet.

[danadc]

In this part of doing things better, I think that it cannot be seen as what can be lost, I see the Bitcoin investment as the best way to do things to improve any type of life, I never see this as losing On the contrary, I see it as the best option to win, those who see this as an option to allow themselves to lose and their way of seeing things but I don't agree, anything to be able to benefit in the future is like buying bitcoin There is no other way, bitcoin and buying bitcoin is the best investment you can make, for me it is superior to investing in gold, because here they give more immediate results.

[dunfida]

invest what you wont need in the short term, play the long game

I think that's a pretty bold statement and that's very true for the ones who want to invest in Bitcoin. Unlike other crypto-currencies Bitcoin won't go to zero in value anytime and that's why it's quite safe to invest money into it and let that investment for at least a decade or two in order to have better profits.

Although investing in Bitcoin doesn't have any direct risks but if the investors aren't aware of the other potential threats that come from scammers and hackers then they will still have the risk even with Bitcoin investment. It's always better to reduce the risks before investing in Bitcoin and for that a user must have to learn about air-gapped system and cold wallets.

A hot wallet will always have it's risks and even someone with proper firewalls and antivirus software will still be at risk if he/she uses the system online. A proper way to be safe from such risks is to have your wallet in offline mode and also one should be careful about private keys, seed phrases, and other important details about one's wallet.

Its not really that bad to be that optimistic but we shouldn't really be that conclusive when it comes to things on which we know that there are really things in life on which it is really that hard to predict out that it would really be remaining into future years. We should really be that making ourselves aware that there's no such thing about permanent of this world. There's always that chance that the old ones would really be replaced by
new ones and this do talks about Bitcoin cant really be able to sure to have that peak spot until the end of time. We can really see and we cant really deny about its dominance and demand in the market
and most of us do really hope for it to retain.

It is really just that we shouldn't really that going all in when it comes to investment even if we do speak about Bitcoin investment. We do mind off about the risk involved from time to time.
This is why those line of words or suggestion is really that always that relevant or keeps been repeated to be told on which investing on what you can afford to lose as always.
There would really be no assurance that it would give out that positive impact or result.

[Crypto Library]

So, why should we continue to echo the sentiment of "invest what you can afford to lose" when referring to Bitcoin? I believe this phrase is more suited to gambling or trading, which we all know come with inherent risks.

This is right that for long term holder they have low risk in bitcoin investment. But I think this this phrase will be always remains that "invest as much as you can afford to loss." Investment will be always risky and if you called about the bitcoin investment it is also called by long term trading.
Also I think one more thing is that until the target profit is earned from the trading or investment fund, it is at risk. Because there are many barrier can be faced like hacking, phishing etc. Moreover, many times we have to face many emergency situations when we have to convert Bitcoin to other currencies even if it is a loss. So for these types of causes I think that the phrase will be always remain on investment sectors.

[thecodebear]

OP, it's just a kinda standard phrase to say when talking about any investment. Obviously you're buying Bitcoin you're not actually going to lose your money, assuming your practice good security procedures, but there are people naive enough who think that when they get into some investment they are bound to make a lot of money right away. This phrase kinda just says hey think about this first and know what you are getting into.

[tjtonmoy]

Losing the value of Bitcoin is not the only reason why you should only invest what you can afford to lose. There are other things that you need to consider before investing into Bitcoin. You can lose Bitcoin by losing access to your wallet or losing the key and someone else getting better hands on it. Bitcoin is not a physical asset that you can make a proof that you own it unlike other assets that you have ownership which you can prove through some documents.

If you lose something that you can't see and can't claim to be yours without the access, then how can you say that it is a risk-free investment/less risky? Also, past performance does not dictate future outcomes. The market is still uncertain and anything could happen to it at any point of time. So saying that it is stable right now is not a good idea.
Even if it's cold and Bitcoin has gone through many transformations, I will still say only invest what you can afford to lose.

[oktana]

Even after reading this post, all I can advise everyone is to still invest what they can afford to lose!. Do not think that just because Bitcoin has done well over the years we should neglect risk management. I think of investment in a way that once I've put my money in there, I have lost it (just to keep myself from being too anxious and always checking). I have lost quite some amount of money in crypto, and for the times that it happened, I never felt shocked cause I always acknowledged that I could lose it all. So, investment as a whole is a risk and one should be risk-conscious when being a part of any investment (be it Bitcoin or not.)

Not only with bitcoin and with any investment, once it can bring profit, it can also create risks for us. So I still maintain my opinion, let's only invest what we can lose.
You're right, just because bitcoin has done well for many years doesn't mean it's risk-free or absolutely safe. Even gold and real estate are not absolutely safe, so with an asset like bitcoin that is only 15 years old, nothing is certain. Don't be too subjective with bitcoin because the future is unpredictable.

The age could be considered a factor, however, I am not even talking about how long Bitcoin has existed but I am rather talking about its volatile nature. The thing about volatility that people don’t want to accept is that Bitcoin could sway to any direct (I mean; even far below anyone’s expectation). After all there are products that aren’t up to the age of Bitcoin but are doing really well.

[_BlackStar]

Investing in Bitcoin means being part of one of the world's most revolutionary technologies. It's not just an investment in today but potentially one of the most valuable assets in the future. So, instead of wasting time and money on 'shitcoins', consider starting now it's not too late. The focus should be on investing what you are willing to HODL for the long run, rather than what you can afford to lose.

The last phrase is much more appropriate to say than the one you thought. The consequences of investing are losses and gains – but if you don't have a good risk tolerance then you don't really understand what that means. You should be prepared to lose money from your investment in bitcoin for various reasons - so it wouldn't be wrong if someone suggested you only invest an amount you can afford to lose. This means that you still have to consider that there is a possibility of losing all your money which requires you to consider not investing all your money in bitcoin.

[taufik123]

The age could be considered a factor, however, I am not even talking about how long Bitcoin has existed but I am rather talking about its volatile nature. The thing about volatility that people don’t want to accept is that Bitcoin could sway to any direct (I mean; even far below anyone’s expectation). After all there are products that aren’t up to the age of Bitcoin but are doing really well.

The high volatility that will result in fluctuations in the price of Bitcoin has become a characteristic of bitcoin,
even that can be an advantage of bitcoin with other investment instruments.
With rapid price fluctuations, investment returns will also be faster.

But this depends on who can make good use of it.
As a crypto trader, you can certainly take advantage of every momentum with high volatility.
Those who cannot accept the volatility of Bitcoin are certainly not ready and not suitable to enter Bitcoin.
Bitcoin and crypto with volatile markets are only for those who are able to accept big risks, but can also get unexpected profits.

[Dzwaafu11]

The phrase "invest what you can afford to lose" has long been the go to advice when it comes to Bitcoin investments. In the past, it seemed to be a norm, a safety net, but it's time to reconsider its relevance.

These sentences is very important, not only for beginners but also for other big investors. This is to tell any investor how much risk is involved in the industry. They should know before taking any move to invest in bitcoin so that we will not go and invest a large amount of money that we cannot afford to lose. Anyone who forgets this while investing in crypto is doing so on their own because we are not supposed to invest beyond our limit. It's wrong. We shouldn’t invest and come and suffer at the end of the day, running out financially. That is why we always advise investing the amount you can afford to lose, which is applicable to all investors.

In this part of doing things better, I think that it cannot be seen as what can be lost, I see the Bitcoin investment as the best way to do things to improve any type of life, I never see this as losing On the contrary, I see it as the best option to win, those who see this as an option to allow themselves to lose and their way of seeing things but I don't agree, anything to be able to benefit in the future is like buying bitcoin There is no other way, bitcoin and buying bitcoin is the best investment you can make, for me it is superior to investing in gold, because here they give more immediate results.

Normally, bitcoin investment and gold investment are not the same thing. My reason is that the bitcoin market is not the same as the gold market, and for the bitcoin market, nobody will tell how the price will go at a specific time. Therefore, this investment is a choice, and your choosing bitcoin over gold is not a wrong decision. You have your own personal reason, while someone who chooses gold investments has their own personal reason as well, so you can see that it's just what you prefer. There's no force in the industry. You can invest now and decide to withdraw it now. Nobody will say you should live there; it's your funds, not anyone else's.