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

[GeorgeJohn]

In bitcoin investment a good investors does not invest what they can not afford to lose, I know quite well that any investment is a risk and you have to understand the advantages and disadvantages of investment, so therefore I believe that bitcoin investment maybe risk to the investor when the investor have not make a proper research of the investment,  so therefore make a research and understand the output and input of bitcoin investment or any other investment before you can as well venture into the investment, investing what you can not afford to lose in cryptocurrency I think its very bad and you have to know that as investor so that a newbie will not use all it has to invest and if it lose it will be depressed till infinity.

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[TimeTeller]

In bitcoin investment a good investors does not invest what they can not afford to lose, I know quite well that any investment is a risk and you have to understand the advantages and disadvantages of investment, so therefore I believe that bitcoin investment maybe risk to the investor when the investor have not make a proper research of the investment,  so therefore make a research and understand the output and input of bitcoin investment or any other investment before you can as well venture into the investment, investing what you can not afford to lose in cryptocurrency I think its very bad and you have to know that as investor so that a newbie will not use all it has to invest and if it lose it will be depressed till infinity.

In every investment, crypto or not, it is your responsibility to do your homework before jumping in.
So even if you can afford to lose such money, it is always advisable to learn about what you are going into.
Because this will give you insights if you are going into a profitable market or not, or has the probability if the market will have positive returns.

[BALIK]

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.

I know that age is not the only reason why bitcoin is not yet a safe asset, and if we evaluate it comprehensively, bitcoin still has many shortcomings to become a safe asset. Such as recognition, popularity...and volatility as you mentioned. Some people will be biased and think that bitcoin is safe, but if based on a common scale to evaluate, bitcoin still cannot be compared to gold or real estate in terms of safety. There is no asset that offers high returns but low risk, that is the rule that applies to everything in this world, bitcoin is no exception.

[bayu7adi]

Well.. i think this is a kind of 'comfort doctrine' for new users looking to get into Bitcoin. We all here surely don't know the individual risk profiles, and using  'invest what you can afford to lose' is a way to manage the expectations of Bitcoin buyers, so they don't expect too much... but in reality, Bitcoin moves more aggressively up and down. If the price goes down, BTC buyers shouldn't worry because the potential loss is small, while if it goes up, it will definitely exceed their expectations.

People who've been buying Bitcoin for a while already understand and pay more attention to it. Even those who are familiar with Bitcoin will invest more than initially thought, because they know there's no issue with that.

Meanwhile, 'invest what you can afford to lose' is just for those who don't yet fully grasp it or newbie who want to start the journey.

[ancafe]

For those looking to HODL Bitcoin for the long term, with no intentions of actively trading, the focus should shift.

The focus shifts like what do you mean and I can't understand the purpose of this one statement? Because the holding strategy that is needed is just calm and not panicking when market conditions experience a sharp decline.

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.

If you have the ability to invest then knowledge will definitely make us ready to accept the risk of loss, but the problem is not the level of readiness but the condition of your understanding in terms of minimizing the risk of loss. Bitcoin can be an alternative solution in the long term regarding maintaining currency value and even though it is quite volatile there are ways to minimize it. Bitcoin also provides an opportunity for anyone to get involved even if using small capital, in traditional investment perhaps opportunity and capital are two things that are quite needed.

[Litzki1990]

It is always advised for every investor that you invest as much money as you can afford to lose. This word is very small but its importance is great. By this word a new investor is made aware of investment caution. This is a very important point for every investor. One should always invest with extra money because if the money is ever lost due to investment and if the loss is not recovered in time then the impact of the loss should not be on the investor. Investing on loan or investing with all your savings should never be done.

[Xcode7]

It is always advised for every investor that you invest as much money as you can afford to lose. This word is very small but its importance is great. By this word a new investor is made aware of investment caution. This is a very important point for every investor. One should always invest with extra money because if the money is ever lost due to investment and if the loss is not recovered in time then the impact of the loss should not be on the investor. Investing on loan or investing with all your savings should never be done.

Before deciding to invest in Bitcoin, it is very important to do research to understand the risks you will face so that you will be more careful. Bitcoin price movements are quite significant, making it possible for anything to happen significantly, be it profit or loss.
So because of this, it is recommended to invest using money that is not used to meet needs or money that is ready to be lost without affecting anything, this is also one of the things that will minimize risk, for example reducing panic when prices drop drastically.
Some other things that are very important are investing with ability without having to force it, such as going into debt or putting all your savings into it, which is very risky.

[Cookdata]

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.

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.

Invest in what you can afford to lose is just a way of telling you to invest an amount you are sure you don't need anytime soon, it's not like you are investing an amount to be forgotten but putting an amount you know you will not need anytime to soon is the best way to go. Oftentimes without numbers, we have heard, read and reported cases of people selling their belongings to buy Bitcoin, taking loans to finance their investment into Bitcoin and the times they do this is when there is euphoria in the market, they get excited by the gree candles and pour everything and expect the result of someone that has been holding for 5 years, and when bitcoin makes a correction, they make an unrealized loss. Now, with this tragedy how do you think they are going to get back their money to repay the loans they took to invest in Bitcoin? I hope you have seen a bigger picture of why they say to "invest in only the amount you can afford to lose"

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.

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.

You need to know something but first let me ask you. If you are blessed with a million dollars today, can you risk it all and invest everything in Bitcoin? I doubt but if it's another person, he will do it without shaking; that's the amount the person can afford to lose but you can't do that because that amount is too precious for you to invest everything in Bitcoin when you have other primary problems to solve, amount to invest is subjective to individual pockets.

Whether you pick dollar cost average or buy at a spot, you still have to think before doing that, you need to decide if the amount you are using to buy is riskable from your financial status so that tomorrow, you don't wake up and be having doubts about your bold decision to buy Bitcoin.

[bluebit25]

Money (material) is not the main reason when we talk about investing, turning things around and knowledge issues are often ignored, but it is an easy source for whether investments can help us complete the goal. The opinions stated are not wrong at all, but it is clear that simply putting money into places we do not understand is always a mistake until we realize that cultivating knowledge is even more important. I bet that many participants only think about the profit opportunity from Bitcoin (crypto) and they don't care much until they lose more money during the investment process, because this is the story. Money reflects whether our lives depend on it. With good managers, of course they will avoid risks in the investment process and on the contrary, just spending money in their own pockets is no different from pure gambling.

[Hatchy]

The focus shifts like what do you mean and I can't understand the purpose of this one statement? Because the holding strategy that is needed is just calm and not panicking when market conditions experience a sharp decline.

What I meant by the focus should shift was simply that when your main objective are to hodl for a long term, you shouldn't be the type that is scared of loosing their investment because over time, your investment will continue to accumulate.thuogh you might encounter some loss due to some dips and the market volatility, but you shouldn't focus more on little losses.

So because of this, it is recommended to invest using money that is not used to meet needs or money that is ready to be lost without affecting anything, this is also one of the things that will minimize risk, for example reducing panic when prices drop drastically.
Some other things that are very important are investing with ability without having to force it, such as going into debt or putting all your savings into it, which is very risky.

When you invest in Bitcoin, make sure you're using money that isn't crucial to your life, and be careful not to lose it. Nobody wants to lose their investment, so it's important to be cautious.

[Sim_card]

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.

This is simply a warning for newbies who don't understand how bitcoin works, and also for people with low income so that they don't end up regretting their actions especially the short term investors that thinks that bitcoin is a get rich quick scheme. I see that phrase as the best advice for investors so that they don't over believe in bitcoin that it can change their lives or bring massive income to them and for this reason, they might end up investing aggressively and having all their funds in bitcoin, or they will borrow money to invest and when the market goes the opposite side of their expectations they will panic and sell and run at loss. Short term investment and using money that you can't afford to lose will not make you enjoy the profit from bitcoin investment but rather will bring loss to you and this might discourage you from investing again and some newbies will say that bitcoin is a scam because they never invested in money that they can afford to lose. It is the best advise, so that when you don't follow the rules and run at loss, you have yourself to blame. As time passes by when your belief on bitcoin is strong, then you can invest with the amount that you know wouldn't affect your income. You should also know that everyone has his own amount that he can afford to loss. The amount that I can afford to loss might be your monthly income, invest in a long term investment and only use the amount that you wouldn't affect your income and other responsibilities so that you don't end in selling your bitcoin when it is not of your will. This is because you will make more profit when you hodli and have target price when to sell

[traderethereum]

The focus shifts like what do you mean and I can't understand the purpose of this one statement? Because the holding strategy that is needed is just calm and not panicking when market conditions experience a sharp decline.

What I meant by the focus should shift was simply that when your main objective are to hodl for a long term, you shouldn't be the type that is scared of loosing their investment because over time, your investment will continue to accumulate.thuogh you might encounter some loss due to some dips and the market volatility, but you shouldn't focus more on little losses.

An investor must overcome his fear of investing because he should already have calculations before investing. That is why if someone wants to start investing, he must know the risks he will face to know how to overcome them.
A bitcoin investor must be able to maintain his focus on surviving in the long term and not worry about price movements that occur in the market.
He also doesn't mind the volatility of the bitcoin price, which is constantly changing. He can use the volatility to his advantage so he can keep accumulating more bitcoins.

The holding strategy is to remain calm in every situation so that you can find gaps that can be used for your benefit. However, it is natural for an investor to feel panic if they see a sharp decline in the price of bitcoin. But with his experience and ability, he was able to overcome his panic and find the right time to buy at a low price.

[Z_MBFM]

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.)

I wouldn't say that you invite bitcoin as much as you can with the loss effort because no one loses 100% of their assets by inviting bitcoin. so I would say that if you have long term investment then invest in bitcoin otherwise don't have a bad experience with bitcoin by investing for short term. Bitcoin is not able to give much profit for short term but if you invest with Bitcoin for long time Bitcoin is able to give a lot of sure profit. Because even though the price of Bitcoin fluctuates constantly, Bitcoin recovers a lot after a long period of time and Bitcoin sometimes makes a new ATH that is several times higher than the previous ATH.

[Lorence.xD]

Well, the phrase "invest what you can afford to lose" would actually be applicable to people who are just starting to invest and as well to people who are not that financially stable as they need money to provide their essential needs, so they are not that ready to risk the funds they have cause it would go to straight to their needs. As they gather more experience in the crypto industry, they would also adapt that investing is much better than saving your money in banks, especially the spare amounts of money. That's the time the phrase "invest what you have" cause for the long time Bitcoin has existed, it doesn't really disappoint as it gives people a source of money and also avoids inflation. Because investment really involves risk, if you don't overcome the thought of losing money, then for sure you would stay in the phase of the average investor in this industry. IF you want to play safe long-term investment would be the best option until it reaches your target selling price.

[laurenB7742]

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.)

I wouldn't say that you invite bitcoin as much as you can with the loss effort because no one loses 100% of their assets by inviting bitcoin. so I would say that if you have long term investment then invest in bitcoin otherwise don't have a bad experience with bitcoin by investing for short term. Bitcoin is not able to give much profit for short term but if you invest with Bitcoin for long time Bitcoin is able to give a lot of sure profit. Because even though the price of Bitcoin fluctuates constantly, Bitcoin recovers a lot after a long period of time and Bitcoin sometimes makes a new ATH that is several times higher than the previous ATH.

Having an optimistic mindset in investing is a great thing and we all expect that bitcoin will always grow and develop in the long run and will bring profits to all of us. But to put it bluntly, that's just our wish and we have no evidence to guarantee it will happen with 100% certainty. I mean, no matter how good and safe bitcoin is, there will still be risks, don't be too subjective with everything. The future of bitcoin is still unpredictable, still a question mark, no one can guarantee anything. Therefore, the phrase “invest what you can afford to lose” is never wrong with a risky asset like bitcoin.

[Kelward]

When I first started learning about bitcoin, and heard about the phrase " invest only what you can afford to loose" i became aware that bitcoin is a very risky asset to invest in. I even likened bitcoin to gambling, because i know that to have a  right mindset to gamble means that you'd need to only bet the amounts of money that you can afford to lose, because of the major factor of gambling which is luck. Now that my knowledge of bitcoin has increased, i know that it has it's risks because of it's volatility, but it goes beyond luck to make profit in bitcoin. You have to understand how it's market supply and demand works, all other determinants of bull and bear runs, so with all this in mind, bitcoin should be an investment that guarantees profitability if the investors have accurate knowledge of the market dynamics.

We're expecting bitcoin halving by next year, after which ATH is expected to follow, and the energy is very high that it'll be a major bull run for investors to cash in heavily. I've even heard in this forum that people should get a second job to earn more in order to buy more bitcoin to hold in expectation of the coming bull run. So the question for me is if we should invest only what we can afford to loose, then what is the need for all the excitement about accumulating enough bitcoin to hold in anticipation of the coming bull run? For me it clearly shows that we're gradually passing the stage of that phrase, because so far as you actually have the correct knowledge of how the bitcoin market works, it's safe to invest more than what you can afford to lose.

[Litzki1990]

In bitcoin investment a good investors does not invest what they can not afford to lose, I know quite well that any investment is a risk and you have to understand the advantages and disadvantages of investment, so therefore I believe that bitcoin investment maybe risk to the investor when the investor have not make a proper research of the investment,  so therefore make a research and understand the output and input of bitcoin investment or any other investment before you can as well venture into the investment, investing what you can not afford to lose in cryptocurrency I think its very bad and you have to know that as investor so that a newbie will not use all it has to invest and if it lose it will be depressed till infinity.

Always consider money as an important thing and never neglect money. Just because you should invest the amount of money you can afford to lose doesn't mean you should invest your money anywhere without a second thought. First you need to know about investing, first you need to be sure if you are investing in a good coin and after that comes the issue of losing money. If you follow such words by investing in a reliable performer then you are doing the right thing. But if you invest in bitcoin and say that losing the amount of money will not affect my life badly, I have invested that amount in this coin, then it will be a stupid thing to say because investing in bitcoin is throwing away money.

[boty]

Having an optimistic mindset in investing is a great thing and we all expect that bitcoin will always grow and develop in the long run and will bring profits to all of us. But to put it bluntly, that's just our wish and we have no evidence to guarantee it will happen with 100% certainty. I mean, no matter how good and safe bitcoin is, there will still be risks, don't be too subjective with everything. The future of bitcoin is still unpredictable, still a question mark, no one can guarantee anything. Therefore, the phrase “invest what you can afford to lose” is never wrong with a risky asset like bitcoin.

Yes, of course we must have an optimistic mindset in investing in Bitcoin and if we choose to invest using Bitcoin then we must be able to understand it well so that we can use money that we will not use for other purposes so that it will not interfere with our investment do.

I agree with you, no matter how good the security is, investing in Bitcoin certainly has high risks, so it is very important for us to understand it well so we can control ourselves in making investments and don't let us use loans to invest and of course that will be a problem. for ourselves, because of significant price movements, nothing can guarantee that we can make profits easily when investing.

[jeraldskie11]

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.

If there is a guaranty then the saying "invest what you can afford to lose" is not applicable.

But the question is, is there really a guaranty with investing Bitcoin?
Well, it depends on someone's perspective. Some people really believes that investing Bitcoin is a risk free, and other believes that it's still has risk. That's the one thing we should consider because we don't know their experiences in Bitcoin.

In my opinion, it's depend on the time you invested in Bitcoin. Some people immediately invest in Bitcoin without a knowledge and analysis. So if you're a good analyst, and you proved it many times then I will never against of what you believe because it's your perspective.

[GbitG]

The holding strategy is to remain calm in every situation so that you can find gaps that can be used for your benefit. However, it is natural for an investor to feel panic if they see a sharp decline in the price of bitcoin. But with his experience and ability, he was able to overcome his panic and find the right time to buy at a low price.

Yep, beyond any doubt, the holding strategy is one of the most secure as well as professional ways to gain profit.
Lol! Hodl means, in its full form, Hold On For Dear Life. But it is claimed to be perfect for us if we want to work calmly and thoughtfully in Hodl. Because, as I mentioned above, holding means to stay calm by taking the investment. Hodl in Bitcoin means to invest in Bitcoin and, by holding, when you get 10x or more profit, then sell out your assets and earn profit.

Your point is right, but it is based on the fact that a person feels fear when he sees a decrease in the return of his investment. It means he is afraid when the price of his invested assets decreases. But the reality is that if you have developed competence in the analytical hold of volatility, then no one can be a better investor than you because you have learned to do the work that is the goal of the destination.