Has this concept changed? " Invest how much you can afford to lose"

[JiiBs]

Over the past seven years on the crypto community, there was this general saying that always got me wondering especially many people that believe Bitcoin is the future of money, unfortunately you come across this phrase, " Invest how much you can afford to lose". I'm not always please hearing this sad saying, however it look like this concept is beginning to change for good.

The relevance of that saying has always been more eminent in the minds of those that really can’t place Bitcoin, have a defined plans for their investment and mainly wants to invest because they are being motivated to do so either by society, friends and family as a thing. This becomes an immediate guide to ensure you don’t get to regret your future decisions about your Bitcoin investment since, true Bitcoiners are well aware of Bitcoin to be a volatile currency and has seasons to it.

[Ivystar5]

When you say crypto, it basically consists of all the coins including bitcoin but then in crypto using the phrase " invest what you can afford to loss us very much valid but in bitcoin I counter the phrase because I have never heard bitcoin disappointed anyone in its 4 years cycle hence I still hold on to the phrase when it comes to bitcoin that I will invest what I can't afford to loss.

Bitcoin investment is a priority not a gamble, if you use the term investment what you can afford to loss your likely refering bitcoin to be a Ponzi scheme or a gamble or possibly a get rich quick scheme which is bond to fail or lead to losses.

[suzanne5223]

Over the past seven years on the crypto community, there was this general saying that always got me wondering especially many people that believe Bitcoin is the future of money, unfortunately you come across this phrase, " Invest how much you can afford to lose". I'm not always please hearing this sad saying, however it look like this concept is beginning to change for good.

Recently, i read on certain news where Michael Saylor stated, " I invested what I can not afford to loose". It simply counters  those who were given advice to the prospective investors to invest on how much they can afford to loss. I think that Michael Saylor had rekindled this negative concepts as persived by many crypto enthusiast as a wisdom of crypto investments advice. What do you think? In my opinion, Michael Saylor has made the difference.

So,you technically believe in the hype statement made by Michael Saylor, which have alot of investors backing his firm?
The phrase "invest how much you can afford to lose" is used in the crypto space to as somethign to put investors in check that they have to be displine and never invest in the market reckless despite the potential of the Bitcoin market.
People like Saylor can invest more than they can afford to lose since their emergency fund to secure, and no urgent financial needed can make selling their BTC when it is not yet the time.
Second, if you check Saylor stance on BTC years ago you'll see that he once make negative statement about BTC before he later understand it concept, and you'll make a wrong decision if you choose to believe in the statement made by people who suddenly have enthusiasm in BTC.

[davis196]

Over the past seven years on the crypto community, there was this general saying that always got me wondering especially many people that believe Bitcoin is the future of money, unfortunately you come across this phrase, " Invest how much you can afford to lose". I'm not always please hearing this sad saying, however it look like this concept is beginning to change for good.

Recently, i read on certain news where Michael Saylor stated, " I invested what I can not afford to loose". It simply counters  those who were given advice to the prospective investors to invest on how much they can afford to loss. I think that Michael Saylor had rekindled this negative concepts as persived by many crypto enthusiast as a wisdom of crypto investments advice. What do you think? In my opinion, Michael Saylor has made the difference.

The saying "invest only what you can afford to lose" is about the investors, who are aggressive and want as much profits as possible.
This mindset shouldn't be related to the conservative investors, who are seeking low profits and higher security for their investments.
Bitcoin/crypto is considered volatile and risky, and maybe that's why this "invest what you can afford to lose" mentality is so popular among the "crypto bros". Saylor shouldn't be trusted. I consider him to be more of a Bitcoin propagandist rather than a highly trusted authority in the crypto world.

[Royal Cap]

Recently, i read on certain news where Michael Saylor stated, " I invested what I can not afford to loose". It simply counters  those who were given advice to the prospective investors to invest on how much they can afford to loss. I think that Michael Saylor had rekindled this negative concepts as persived by many crypto enthusiast as a wisdom of crypto investments advice. What do you think? In my opinion, Michael Saylor has made the difference.

The phrase "invest what you can afford to lose" used to make crypto sound more like a gamble than a serious investment but when someone like Michael Saylor says he invested what he couldn't afford to lose it completely changes the tone. But that doesn't mean you should borrow money to invest in Bitcoin. Of course, if you have extra money you can invest in crypto. But the saying goes "there is no harm in caution."

[franky1]

"afford to lose" is more of a gamblers motto. where the mindset was that it could go to zero, getting nothing back

however these days the mindset is more so of 'not require to cashout soon' where people can invest and put aside/hoard.. to not worry about for a few years

so its now: "invest what you can afford to live without" or  "invest only what you dont need to take out soon"

which is basically what investing is, in comparison to saving

...
with that said, crypto as a whole should still use the motto of "afford to lose" due to all the crap coins and ICO scams(gambling)
however bitcoin specifically has proven self to be the motto of "afford to live without" or "not require to cash-out soon" (investment)

[betswift]

It's a phrase for those putting their faith in anything that is speculative in nature - however, there is Bitcoin, and there are meme coins, for example, and we know for where such set of words would apply more.

We all love BTC and praise its stability, but we shouldn't be overlooking the risk management, that's what it is about for me.

[Ruttoshi]

, " Invest how much you can afford to lose".

This word does not only imply to bitcoin investment but it implies to gambling, and trading where profits is not a guarantee. In bitcoin investment you don't have the guarantee that it is 100% risk free.

Firstly, when you are investing with an amount of money that you can afford to lose, it means that you should only invest with your disposable/discretionary income which is the extra left over cash from your income after you have taken away the funds for your monthly expenses and needs. Some people use their discretionary income to gamble, buy wears, drink, club and it wouldn't affect their lifestyle because they can do away with such funds.

If you put such funds into bitcoin investment instead of drinking, clubbing and gambling with it. It's a wise decision. If you are using your discretionary income to invest, it will enable you continue buying bitcoin with DCA overtime and hodli for a very long time without any panic or fear because you are living your normal life and investing without stress. If you invest outside your discretionary income, you will definitely sell at loss when your needs arises if bitcoin price is below your entry point.

Secondly, when you hear the word "invest with the amount of money that you can afford to", it passes so many messages to you in order for you to see that bitcoin investment is risky and you shouldn't use all your life savings to invest in bitcoin so that if tomorrow, the price of bitcoin goes against you, you will still have other places with you have put your funds into to rely on and you wouldn't give up in life.

Saylor is not investing with his personal funds but with peoples funds, that alone has shown that he has gone extra miles to invest with what he cannot afford to lose because if bitcoin crashes tomorrow, which I know that the odd of bitcoin moving uptrend is higher than downtrend, Saylor will commit suicide.

[EluguHcman]

Over the past seven years on the crypto community, there was this general saying that always got me wondering especially many people that believe Bitcoin is the future of money, unfortunately you come across this phrase, " Invest how much you can afford to lose". I'm not always please hearing this sad saying, however it look like this concept is beginning to change for good.

First let me admit the fact this discussion is brought here because this comment "Invest With What You Can Afford To Loose" holds some contaminating contents newbies and the critics has always hold that term as a working instrument when criticizing Bitcoin giving it that negative speculations that "Bitcoin is a scam as Ponzi" and those investing on it are taking risks as "gamblers" that is why investors are always advised to invest with with is affordable to loose.

With no doubt, this act can be scary to enthusiasts who might be thriving to invest but because of how hard the economy is, they just feel there is no amount of money that is affordable to intentionally loosed by them and then, that intuition alone could discourage them from buying anymore or in the main time.

But in a sincere note, that phrase "Invest With What You Can Afford To Loose" stands for encouragement for newbie investors who might think Bitcoin is a quick rich source of income which if they are not called to order for good investment plans, they may use their emergency funds to invest on the Bitcoin believing profits would come soon and then, they can sell and make their profits.

So. That term is to encourage investors to always investor to only invest with an amount of money that they can always hold for a long time without getting panicked to sell in a quick time due to emergency needs or probably the media Speculations causing chaos and nursing investors sentiments that may prompt investors to sell without undermining if they are selling at lost or not just because of market price driving to down trends.

[BtcAnalyst1]

When you say crypto, it basically consists of all the coins including bitcoin but then in crypto using the phrase " invest what you can afford to loss us very much valid but in bitcoin I counter the phrase because I have never heard bitcoin disappointed anyone in its 4 years cycle hence I still hold on to the phrase when it comes to bitcoin that I will invest what I can't afford to loss.

Bitcoin investment is a priority not a gamble, if you use the term investment what you can afford to loss your likely refering bitcoin to be a Ponzi scheme or a gamble or possibly a get rich quick scheme which is bond to fail or lead to losses.

Bitcoin Investments is a business that has huge potentials for profitable returns overtimes. The phrase, "invest how much you can afford to lose" should be alliened to all form of gambling and sport betting businesses, it is not related to Bitcoin investments, because Bitcoin investment is a legitimate investment opportunities that has the capacity to enhance individuals earning regularly.
In a nutshell, I agreed with Michael Saylor's opinion and his phrase should have been used on any Bitcoin investments, like he said, " I inveested how much I can not afford to lose". This should encourage further Bitcoin investment in my opinion.

[MArsland]

"Invest what you can afford to lose" how can you lose? as long as someone invests in bitcoin and holds the key safely. Moreover it is a saying that is more like gambling but only the first sentence is changed.

Investing in bitcoin will not make someone lose!!

Then Michael Saylor said "I invest what I can't afford to lose" because he knows bitcoin will always make anyone profit if they believe in it from the beginning and invest their money for years.

[Smack That Ace]

We need to be aware that anything can happen, everything has risks, the higher the profit, the greater the risk.
Not just bitcoin, but any investment, we only invest what we can afford to lose and don't put all our eggs in one basket.
As financial investors, we should take the time to improve our knowledge, do our own research and make our own decisions. We should not invest based on other people's advice or change our views just because of someone's words.

Bitcoin is not going to become safer or riskier just because of a statement from Michael Saylor or anyone else. After all, he is just an investor like us, he doesn't have a crystal ball to guarantee the future of bitcoin for us.

[Die_empty]

Over the past seven years on the crypto community, there was this general saying that always got me wondering especially many people that believe Bitcoin is the future of money, unfortunately you come across this phrase, " Invest how much you can afford to lose". I'm not always please hearing this sad saying, however it look like this concept is beginning to change for good.

I am also not pleased with the saying that you should invest what you can afford to lose. Bitcoin is a currency but it is also an asset. You cannot tell someone who wants to buy real estate or gold to invest what he can afford to lose. It is in gambling that people should gamble with what they can afford to lose. All Investments have some level of risk just like Bitcoin.  I prefer to say invest what you can live without.

There was a flood in my country, and many people lost their houses and businesses. Someone cannot run with his house to avoid the flood but you can move with your seed phrase.  You don't need to worry if you have your seed phrase in another location. So, there is also the risk of losing real estate assets.

Recently, i read on certain news where Michael Saylor stated, " I invested what I can not afford to loose". It simply counters  those who were given advice to the prospective investors to invest on how much they can afford to loss. I think that Michael Saylor had rekindled this negative concepts as persived by many crypto enthusiast as a wisdom of crypto investments advice. What do you think? In my opinion, Michael Saylor has made the difference.

Micheal Saylor has the right to express his views. But it is not compulsory that you should adopt or obey. So, I don't think telling people to invest what they can afford to lose is negative. It's just a warning that Bitcoin investment is risky. Hence, they should invest with caution.  I cannot afford to lose my Bitcoin investment, but I can live or survive without it.

[Alpha Marine]

I feel sorry for you if you believe a billionaire worth over $9 billion claims to have invested an amount he can't afford to lose. If he had lost what he invested in cryptocurrency, he would still have been fine. He would have felt it, of course, but he will be fine. If you, as a normal person, follow that advice and invest what you can't afford to lose, you may be wrecked. Imagine having a savings of $10k and you use all that to invest in bitcoin, and the bitcoin crashes to 20k.

The fact that bitcoin is an asset that performs well doesn't mean you should make an investment that you can't survive without. "Invest what you can afford to lose" doesn't mean you're investing very little money, it means invest, but don't invest what would wreck you completely and take you to zero if it fails. It could be $1000 for Mr A, while for Mr B, it could be $100k. Mr C can also invest $10 million, as long as they all have what to lnd back on if the investment fails, then they "invested what they can afford to lose"

[nemesis_incarnate]

"Invest what you can afford to lose" how can you lose? as long as someone invests in bitcoin and holds the key safely. Moreover it is a saying that is more like gambling but only the first sentence is changed.

Investing in bitcoin will not make someone lose!!

Then Michael Saylor said "I invest what I can't afford to lose" because he knows bitcoin will always make anyone profit if they believe in it from the beginning and invest their money for years.

People get funds out too early due to fear. And they lose.

And it can happen - it's just about proper knowledge and risk management put to display.

[CryptoYar]

Michael Saylor statement marks big change in how people think about crypto investments. For long time common advice was to only invest what you could afford to lose because Bitcoin and other cryptocurrencies are very risky and their prices can change much.

This advice is to protect people from losing all their money. But Saylor statement backed by his company MicroStrategy making huge investments in Bitcoin shows strong belief in Bitcoin long term value as real asset not just gamble.

And I will make change in that advice which mostly we give to newbies. We say only invest that money which you can afford to lose. But in the case of Bitcoin we should say. Only invest that money which you can hold for long term.

[Theupdude]

Saylor’s statement definitely flips the usual advice on its head and I think it reflects his deep conviction in Bitcoin. But at the same time not everyone has the same risk tolerance or financial cushion what works for him may not work for most people. I think the original advice still has value especially for beginners who are just getting into crypto but yeah hearing someone like Saylor go all in does make people see. Bitcoin in a more serious long term way so maybe it’s not about replacing the old advice but understanding where you stand before choosing which mindset fits you

[dumbymamby]

Every people have their own phrase including Michael Saylor. Think about it, if you just have $100 per week and you can only use $20 while $80 for filling your needs, that $20 is the money you can afford to lose. You will not add more money because that money is for your needs.

You don't have to follow what Saylor do because you are different. Not to mention about the amount of money between you and Saylor have, but there is another different that can not work if you use it.

[Proty]

The reason for the phrase don't invest more than what you can afford to lose is because of the volatile nature of bitcoin.bitcoin being a volatile asset is not a risk free investment and such while investing our income wlit is advisable we invest an amount we can afford to lose since we can guarantee how successful our investment in bitcoin is going to be in the long run.

So it is usually a good practice to invest from our discretionary income, which is usually sort out after paying for our daily expenses and family needs so any money that is left over after meeting up with all your expenses is what ought to be invest in bitcoin. Also investing from our discretion is still in line with the phrase don't invest more than what you can afford to lose. So no matter how much believe we have in bitcoin we shouldn't invest more than what we can afford to lose because of volatility.

[Stablexcoin]

Over the past seven years on the crypto community, there was this general saying that always got me wondering especially many people that believe Bitcoin is the future of money, unfortunately you come across this phrase, " Invest how much you can afford to lose". I'm not always please hearing this sad saying, however it look like this concept is beginning to change for good.

The relevance of that saying has always been more eminent in the minds of those that really can’t place Bitcoin, have a defined plans for their investment and mainly wants to invest because they are being motivated to do so either by society, friends and family as a thing. This becomes an immediate guide to ensure you don’t get to regret your future decisions about your Bitcoin investment since, true Bitcoiners are well aware of Bitcoin to be a volatile currency and has seasons to it.

People can look at things differently and say what they want without considering the next or another reason for saying. Invest what you can afford to lose has always been a saying in the community, a relevant one that will help guide our thoughts when investing in Bitcoin without having to suffer at a time when the market becomes unfavorable. The saying helps adjust investors to invest with money outside their expenses that they won't be needing to care for their lifestyle if they should invest, it backens a long term approach for investors who would see their investment go into several bear movement and still not bother to sell because they understood the importance of investing with that amount that might mean nothing much but accumulatively build up to a significant amount.

Bitcoin is not where you lose your investment as long as you don't sell at a lower price. Bitcoin is a volatile asset that all investors should be aware of before buying Bitcoin to hold. Investors who are mindful of this volatility and take advantage are the ones less complaining because they understand perfectly the pros and cons of Bitcoin investment.