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

[el kaka22]

It is really an important aspect of investment, you need to take care of what you are investing into and should be a lot more aware of it without a doubt. I understand that life is not all that simple most of the time, but that's something you should be careful about. I am not saying it is going to be all that easy and all that, but that doesn't mean that you are going to end up with all your money into bitcoin.

I personally believe that bitcoin will go up, like I truly believe that, I believe that next year around these same times we could be as high as double what it is today. Does that mean I am selling my house and putting all that money into bitcoin? Of course not, there is smart investment and there is stupid investment, that would be a stupid one.

[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.)

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.

I think you missed my point. Just because you can't lose 100% of your assets doesn't mean that you should neglect risk management and invest more. Investing what you can afford to lose is not also saying that you will lose the asset, it is saying that you should only put in an amount that you know you can manage it's loss if the investment were to go south. So, investment is definitely okay but not more than the amount you can bear the loss for.

[Dimitri94]

Despite the risk who have considered investing in Bitcoin is profitable they are the real bitcoin investors. Especially in this moment there is no fear of losing because Bitcoin is going to create milestones in the current situation. There are thousands of cryptos in the cryptocurrency space and occasionally we see bullish movement  for some specific coins but most of them don't over come previous  ATH. Investors should consider these factors before investing. His hard earned money should not be wasted in the name of investment.
Bitcoin is the only investment platform where an investor can be profitable for long term investment. Moreover, the current time is the most suitable for investment where the possibility of profiting from investment is very high. So in some cases it becomes necessary to do something contrary to the advice. As you said. So invest as much as you can and hold bitcoins.

[barisbilgili]

Despite the risk who have considered investing in Bitcoin is profitable they are the real bitcoin investors. Especially in this moment there is no fear of losing because Bitcoin is going to create milestones in the current situation. There are thousands of cryptos in the cryptocurrency space and occasionally we see bullish movement  for some specific coins but most of them don't over come previous  ATH. Investors should consider these factors before investing. His hard earned money should not be wasted in the name of investment.
Bitcoin is the only investment platform where an investor can be profitable for long term investment. Moreover, the current time is the most suitable for investment where the possibility of profiting from investment is very high. So in some cases it becomes necessary to do something contrary to the advice. As you said. So invest as much as you can and hold bitcoins.

I agree with you, those who already know about the advantages of investing in Bitcoin, of course they are aware of the risks involved in the investment they make and they are also aware of the profits they can get from investing in Bitcoin. Yes, you are right, we have to make our own choices in investing in Bitcoin, don't let other people influence us not to do it because we have the right to make our own investment choices and we can invest the amount we can afford and don't be greedy in doing so.

[Adbitco]

This phrase is not only applicable to just 5$ to $10 because if you convert such amount of money to some country's currencies you would understand that such amount is worth saying invest what you can afford to lose. In fact the sole reason why people often say invest in what you can afford to lose is that, most people do not understand the volatility level of bitcoin whereby they would think after investing in bitcoin they will instantly get back what they invested within short period of time.

But unknowingly if their plan did not go accordingly on how it was planned then this phrase can fall in because we know too that the market isn't that straight forward because we can't tell what the next minute or hours could results making anyone who invested any amount to entirely lose their investment at this point this phrase is always suits in and is constantly used for people to have it at the back of their minds that whenever they are investing is good to use at least the money you can afford to lose remember all pocket aren't equal if $10 is too poor for you to lose then there are other people who can't even afford such amount of money within a week or month.

This will sound as a surprised to you, there are some shops in my village today they pays their workers 10,000 Naira per month and is less than 10$ do you think such person would take that risk to invest all his or her money into bitcoin and you expect this phrase shouldn't be mentioned to them.

[ancafe]

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.

It is not included in a shift but you set an investment strategy when it starts, most people who implement long -term strategies are not too concerned with regard to the level of fluctuations in price because the trust has formed the decisions chosen. Unless you try to invest in the short term and may be adjusted to the strategy to generate profits beucause though market volatility can change quickly that cannot be predicted.

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.

For this problem I do not agree and should if you believe in investment in Bitcoin then putting the money in it is one way to maintain its value because in the long run Bitcoin will increase significantly. Losses are caused by errors in investing and caused by lack of correct knowledge, so placing bitcoin money is a wise decision as one of the best.

[$crypto$]

Because bitcoin still has high volatility, this word is increasingly attached to bitcoin which continues to fluctuate, if it is said to be safe then it must be even more stable with the volatile word it may refer more to early investors because it will not fully understand how bitcoin moves in the market for a long time the phrase "invest what you can afford to lose" is still quite popular today.
Someone who already understands this phrase maybe he will not consider bitcoin unsafe, it is even safer than other assets.

In bitcoin there is still a possibility that the price of $35K now and then falls to $10K it can happen so that word will be more appropriate especially a beginner who is still ambiguous.

[panganib999]

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.

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.

I would agree, if not for the fact that this phrase applies to everything, especially to the jits and newbies that would literally take a second mortgage on their houses, sell their car, or even take a dizzyingly-high loan from the bank so they can invest on bitcoin, and then ramble about it on social media when their investments tank. So you may think it has lost its relevance, but I say the motto still holds its weight in gold, especially in the face of people belligerent enough to literally dig themselves another grave while thinking of building a swimming pool.

Invest carefully and be smart, of course don't take out loans and only invest what you can afford to lose, more so if you're looking for immediate gains.

[goxcraft]

Despite the risk who have considered investing in Bitcoin is profitable they are the real bitcoin investors. Especially in this moment there is no fear of losing because Bitcoin is going to create milestones in the current situation. There are thousands of cryptos in the cryptocurrency space and occasionally we see bullish movement  for some specific coins but most of them don't over come previous  ATH. Investors should consider these factors before investing. His hard earned money should not be wasted in the name of investment.
Bitcoin is the only investment platform where an investor can be profitable for long term investment. Moreover, the current time is the most suitable for investment where the possibility of profiting from investment is very high. So in some cases it becomes necessary to do something contrary to the advice. As you said. So invest as much as you can and hold bitcoins.

If you look on the history of bitcoin, you will see it is the only crypto currency that has survived this long. While all the alternative coins have fallen or dusted out. For long term investment and survival, bitcoin is the right choice. Even a month age bitcoin was only 26-27k but now it crossed 36k. No other crypto has achieved that kind of gain. I have invested on many alt projects for only a short term profit. I know if I hold it for too long, there won't be anything to hold. As the only true coin, there is no doubt that, bitcoin is number one. What are the other projects you thought of investing?

[Youngkhngdiddy]

This phrase is not only applicable to just 5$ to $10 because if you convert such amount of money to some country's currencies you would understand that such amount is worth saying invest what you can afford to lose. In fact the sole reason why people often say invest in what you can afford to lose is that, most people do not understand the volatility level of bitcoin whereby they would think after investing in bitcoin they will instantly get back what they invested within short period of time.

But unknowingly if their plan did not go accordingly on how it was planned then this phrase can fall in because we know too that the market isn't that straight forward because we can't tell what the next minute or hours could results making anyone who invested any amount to entirely lose their investment at this point this phrase is always suits in and is constantly used for people to have it at the back of their minds that whenever they are investing is good to use at least the money you can afford to lose remember all pocket aren't equal if $10 is too poor for you to lose then there are other people who can't even afford such amount of money within a week or month.

This will sound as a surprised to you, there are some shops in my village today they pays their workers 10,000 Naira per month and is less than 10$ do you think such person would take that risk to invest all his or her money into bitcoin and you expect this phrase shouldn't be mentioned to them.

    Investing in Bitcoin doesn’t require just investing with any amount, if you are investing with just $10 which is a poor capital to invest in Bitcoin, you will lose your small  $10  if the market goes in any slight deep you can get liquidated. You need a reasonable capital to invest in bitcoin, you can as well invest your $10 in any crypto Projects that are still cheap coin that are still looking promising you can invest in, like coins that are not yet up of $1 with good market cap.
   If you need to invest in Bitcoin you need a good capital to step in and even when you invest still be wise while your investing, you don’t have to break the bank before you have to invest in bitcoins. That is why they keep saying you should invest in what you can lose so that you can have a back up plan when it’s goes wrong. Because of the risk involve in investing.

[gunhell16]

If the phrase is "Invest what you can afford to lose," we should not say that when it comes to long-term investment, Bitcoin is always the best long-term purchase. These are the ones I usually read in the comments. Then we didn't understand what we were saying.

We may have different views and opinions, but that doesn't mean that our thoughts are all right. We, as investors, must be prepared for the consequences that we can face that are not good when we invest in Bitcoin or cryptocurrency.

[Abu-Naim]

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.

Of course gambling and trading are the two investment that deserve this phrase most, but bitcoin investment also deserve it because how risky bitcoin investment is because it is not a physical asset that can be seen by everyone anytime like real estate and gold investment.
One of the main reason why the phrase is always used on bitcoin investment even with the assurance of its profit when hold for long is because of human error which happen due to transactions through mistakes that could lead to lost of money and no refund, and misplacement of wallet private keys which means your bitcoin is gone.

[lalabotax]

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.

We do understand that Bitcoin is the best investment in crypto business which has lesser risks than altcoins, especially for long-term holding. However, that doesn't mean this doesn't have risks. That's why you still have to apply "Invest the amount that you can afford costs". When investing in Bitcoin, no one knows what will happen. This is not only related to Bitcoin prices on the market which will go up and down or even skyrocket someday in the bullish era. But the risk is also related to the security of our assets, namely whether one day we will forget how to access or lose the most important information for accessing the wallet. This is also part of the risk. So even if you invest in Bitcoin, it doesn't mean there are zero risks. This is my personal opinion.

[wallet4bitcoin]

The default advice every investor should have at his finger tips is always for him to invest what he can afford to loose.

Nobody invests money to loose it but it is also one of the options although not always said, it is a silent precaution. To say the least, people are supposed to have factored that into their plans and settled it in their minds before they consider coming to invest any money into any kind of business.

[Renampun]

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.

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.

There is nothing wrong with the sentence invest with money you can afford to lose, it does not refer to the sentence about the decline in the price of bitcoin but rather about how an investor should use their cold money to invest in bitcoin, because if they do that, they will only sell the bitcoin they have (hodl) when they need money or are in an emergency.

Don't invest in Bitcoin with a random strategy because when you have money difficulties, you will definitely sell the Bitcoin that you hold, that's why always invest in Bitcoin with money that you can afford to lose.

[lienfaye]

The phrase "invest what you can afford to lose" has long been the go to advice when it comes to Bitcoin investments.

This is a basic rule and should still be apply regardless how certain or profitable the investment is. We know investing in Bitcoin is really worth it and we can attest to this fact (especially the investors who are long been here). But, despite this, we can't still recommend to someone who like to invest in Bitcoin that he/she can use any amount because the profits are guaranteed. There's still risk and we're not certain what the future holds for Bitcoin.

Therefore it just right to remind them about this common phrase although it's on the investor's discretion if they will follow this rule when they engage themselves. In the end, it's up to us since we have the right to disregard this if we are firm to what we believe in.

[GideonGono]

I also want to put more into crypto but I don't really want to suggest it to others since it could destroy their life.
We don't know how they would take our advice, and some might really invest more than what they could afford, and we all know that crypto or bitcoin is volatile so it might end up the other way around.
There are times that people would take our advice seriously specially when they see how much we gain from doing it, and the result might be different for them so I don't want to make investment advice so lightly.

[Iranus]

I also want to put more into crypto but I don't really want to suggest it to others since it could destroy their life.
We don't know how they would take our advice, and some might really invest more than what they could afford, and we all know that crypto or bitcoin is volatile so it might end up the other way around.
There are times that people would take our advice seriously specially when they see how much we gain from doing it, and the result might be different for them so I don't want to make investment advice so lightly.

Even if you don't introduce them, if they have the need to invest then I think one day they will also invest in bitcoin because the popularity of bitcoin is spreading everywhere on the internet and it is not difficult to come across it. Sometimes referrals and consultations also mean we are helping them avoid Internet scams if they educate themselves about bitcoin.

But recommending bitcoin to others also carries risks for us and them, if they do not follow our advice and invest greedily and hastily, they will pay a very high price. Not to mention, if they lose money, they will most likely blame us, so giving advice is not easy.

[Blitzboy]

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.

We do understand that Bitcoin is the best investment in crypto business which has lesser risks than altcoins, especially for long-term holding. However, that doesn't mean this doesn't have risks. That's why you still have to apply "Invest the amount that you can afford costs". When investing in Bitcoin, no one knows what will happen. This is not only related to Bitcoin prices on the market which will go up and down or even skyrocket someday in the bullish era. But the risk is also related to the security of our assets, namely whether one day we will forget how to access or lose the most important information for accessing the wallet. This is also part of the risk. So even if you invest in Bitcoin, it doesn't mean there are zero risks. This is my personal opinion.

Yes, you're right about Bitcoin. It's a crypto giant and safer than altcoins. But "safe" doesn't mean "risk-free." Investors should only invest what they can afford to lose. Your point about market swings and security risks is correct. Price dynamics might make asset security seem unimportant. Anyone can lose keys or wallet access protocols. This emphasises the importance of both market movements and investment security.

Remember that with Bitcoin,  price fluctuation is inevitable. The bullish era may make us dream of huge gains, but we must keep grounded. No one has a crystal ball, and the market is known to humble even the most experienced participants. Every investor, young or experienced, should remember your point concerning Bitcoin's price risks.

Finally, Bitcoin's "inevitable" success problem must be addressed. While many of us are bullish about Bitcoin, we must stay sceptical and avoid naïve optimism. Despite Bitcoin's lead, the crypto sector is known for its quick changes and shocks. Your balanced optimism, admitting dangers but believing in possibility, is reasonable. This deliberate interaction keeps the Bitcoin community fresh and ready for the future.

[Best-mary]

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.)

At a point, I wanted to support Op's point but after reading through other comments, it made me realise one thing. I have indeed lost money in the crypto space. So, I agree with what you said because during the period in which I lost those money, I didn't panic, as I had decided that I could either win or lose with this money. That's why these days, I play it safe when it comes to the period I invest in Bitcoin and the period I trade as I use mostly the smart trend to do that