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

[AYOBA]

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.

Bitcoin has become the best coin in all over the world and that’s why a lot of people’s choose to invest in the coin. Because any that are able to invest in the bitcoins keep the patient by holding it for a long period of time until the price rise reaches the point that even though you sell half out of what you invested so far it can bring huge profits that can even shocks you too, that’s all about the Bitcoin investment.

But the reason why most of the people feel pain when they lost their in the Bitcoin investments is that, is because they refuse to invest the sums amount of the money that they can afford to lose, and that’s why immediately they lose they over feel the pain.

[Ryu_Ar1]

The concept has not changed because in this case it does not mean that we are ready to lose our investment but it is only a metaphor of us being ready to accept the risks that exist because being in bitcoin even though it is profitable but it is in line with the risks we will face later considering this is not an easy thing.

Saylor knows what he is doing and he clearly does not want to lose what he has given and devoted to bitcoin, not that he does not recognize the risk but he is more realistic because it does not mean that those who are ready to lose them will really be willing to lose their assets.
The figurative word by saying invest only when you can afford to lose is just a condition where we don't push ourselves too hard by doing everything for investment while our primary needs in everyday life are put aside even though this is more important. Many people even seem to risk all the assets they have without caring about their daily needs which is an extreme way and when they feel the impact when bitcoin crashes they are always confused and as if they were cheated by this.

[Botnake]

I wouldn’t say this concept has now changed, it’ll still be the general concept that all investors must follow. Most particularly for newbies, they need to stick to this and invest with sufficient amount of knowledge and understanding of their investment, otherwise their funds will just go into waste.

Now, regarding Michael Saylor, knowing he’s a big time investor and has been accumulating wealth already from his other investments, it won’t be a big deal if he’ll invest an amount that he cannot afford to lose. After all, he’s rich and has a lot of money to lose, he can invest again and again if his single investment does not work. But for majority here who are still hungry for profits, it’s best if we could practice high caution when it comes to our investment. Invest on what we can afford to lose, so we won’t end up getting broke when our investment do not work.

[ThemePen]

I wouldn’t say this concept has now changed, it’ll still be the general concept that all investors must follow. Most particularly for newbies, they need to stick to this and invest with sufficient amount of knowledge and understanding of their investment, otherwise their funds will just go into waste.

Now, regarding Michael Saylor, knowing he’s a big time investor and has been accumulating wealth already from his other investments, it won’t be a big deal if he’ll invest an amount that he cannot afford to lose. After all, he’s rich and has a lot of money to lose, he can invest again and again if his single investment does not work. But for majority here who are still hungry for profits, it’s best if we could practice high caution when it comes to our investment. Invest on what we can afford to lose, so we won’t end up getting broke when our investment do not work.

Knowing what we are doing is always good especially for new investors otherwise it's just gambling. Big investors like Michael Saylor can take bigger risks because they have much of money and can afford to lose some unlike most people. For rest of us looking to make money it is very important to be very careful and only invest what we can afford to lose so we do not end up broke if things go wrong. So we should be careful and grow our investment with DCA and holding for long term.

[Fiasem20]

The concept "invest on what you can afford to lose" is more likely to investors that invest on shitcoins.Most people use this concept also in bitcoin investment probably because they don't trust the process.Your goal and trust determines how you can cope with your investment,if you don't trust an asset then you can't invest on what you can afford to lose and if your goal is for the long term then you can invest on what you can afford to lose from your discretionary income.
If it were to be the early stage of Bitcoin, this concept was commonly used among investors,the potentials of investing on bitcoin has deleted that concept.If you're investing on new projects then this concept can be applicable but not bitcoin.

[Iranus]

This concept does not only apply to investing in bitcoin or crypto, it is used for all investments, especially highly speculative assets.

This concept is considered the golden rule in investing and reminds us that everything is risky and unpredictable, we should not be subjective and must always have a backup plan.

Michael Saylor is becoming the epitome of a great bitcoin investor but at the end of the day, he is just an investor in the market and can make mistakes too. There is no guarantee that what he does and says will always be right.

Invest within your means, don't follow or imitate him or anyone else because they won't be responsible for you if anything unexpected happens.

[john_egbert]

This concept does not only apply to investing in bitcoin or crypto, it is used for all investments, especially highly speculative assets.

This concept is considered the golden rule in investing and reminds us that everything is risky and unpredictable, we should not be subjective and must always have a backup plan.

Michael Saylor is becoming the epitome of a great bitcoin investor but at the end of the day, he is just an investor in the market and can make mistakes too. There is no guarantee that what he does and says will always be right.

Invest within your means, don't follow or imitate him or anyone else because they won't be responsible for you if anything unexpected happens.

He is the Bitcoin investor - that's why he is put so high in the Bitcoin board, of course.

But the tips given here apply to anything, in fact - but of course, we project these to BTC first and foremost, and it's natural to a degree.

[Guccho]

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.

It's true that Michael Saylor has a different mindset from most people I still think the original advice has its place not everyone has the same risk tolerance or financial backup as someone like him, for regular investors the idea of only investing what you can afford to lose is more about protecting yourself from emotional and financial stress but yeah his bold move does inspire more confidence in the long term vision of bitcoin.

[FortuneFollower]

It's true that Michael Saylor has a different mindset from most people I still think the original advice has its place not everyone has the same risk tolerance or financial backup as someone like him, for regular investors the idea of only investing what you can afford to lose is more about protecting yourself from emotional and financial stress but yeah his bold move does inspire more confidence in the long term vision of bitcoin.

Agreed.

Saylor can say many things, and do even more than some would imagine - whereas common retailers are not in the same position as him.

Still, he is projecting his views and optimism of BTC towards the broader masses - and that brings some results too.

[purple_sparkles]

It's true that Michael Saylor has a different mindset from most people I still think the original advice has its place not everyone has the same risk tolerance or financial backup as someone like him, for regular investors the idea of only investing what you can afford to lose is more about protecting yourself from emotional and financial stress but yeah his bold move does inspire more confidence in the long term vision of bitcoin.

Agreed.

Saylor can say many things, and do even more than some would imagine - whereas common retailers are not in the same position as him.

Still, he is projecting his views and optimism of BTC towards the broader masses - and that brings some results too.

There is a saying that goes, if you want to earn more than you ever have, you need to start doing things you have never done before. The boldest are the ones who take the cream, because they dare to take steps others avoid. When you risk more than you can afford to lose, your actions become much more deliberate, as you truly understand the weight of your decisions. However, it is always important to remember that the risk may not pay off financially. That is why having a well thought out exit strategy is essential in case things do not go as planned. I think  Michael Saylor is unlikely to go all in. He still has a backup plan too.

[DiMarxist]

This is a very implicating topic, in that how much you invest is  anthing either Bitcoin or others, dependent on how much confidence you have in what you are investing, for instance, when people say invest what you can lose in the Bitcoin market, it seems like the people aren't sure that the Bitcoin market will certainly give profit. It appears like they are just encouraging people to invest in the market they are not sure of, because if you are sure that this market will bring good return, then they will tell you to invest all your money in it.
But, the idea of saying invest what you can afford to lose is simple,  you cannot give hundred percent assurance to anything, not even Bitcoin so people say that to be on the  safe side. So let it be that they taught you right and you did otherwise and got the big testimony.

[Onyeeze]

During the time cryptocurrencies was new, mostly bitcoin, theirs a lot of ponzi schemes were people invest on bitcoin and most persons invest almost what they have at that time to be multiply, so it's that season that brought such narrative, that people should invest on what they can afford to lose, because now the losing in bitcoin and other cryptocurrencies is not same, if you invest on altcoins you may lose much like people who invest on ponzi, but if you invest on bitcoin it will not be like someone who invest on altcoin and ponzi, bitcoin have more advantage because you are sure of it rising at any time

[maydna]

It's true that Michael Saylor has a different mindset from most people I still think the original advice has its place not everyone has the same risk tolerance or financial backup as someone like him, for regular investors the idea of only investing what you can afford to lose is more about protecting yourself from emotional and financial stress but yeah his bold move does inspire more confidence in the long term vision of bitcoin.

Agreed.

Saylor can say many things, and do even more than some would imagine - whereas common retailers are not in the same position as him.

Still, he is projecting his views and optimism of BTC towards the broader masses - and that brings some results too.

There is a saying that goes, if you want to earn more than you ever have, you need to start doing things you have never done before. The boldest are the ones who take the cream, because they dare to take steps others avoid. When you risk more than you can afford to lose, your actions become much more deliberate, as you truly understand the weight of your decisions. However, it is always important to remember that the risk may not pay off financially. That is why having a well thought out exit strategy is essential in case things do not go as planned. I think  Michael Saylor is unlikely to go all in. He still has a backup plan too.

You don't have follow what Saylor stated because you are different than him especially in the budget to invest in Bitcoin. You can only invest in Bitcoin using the money you can afford and if Saylor stated different than you, that will not be a problem. Every investors will adjust their finance before they decide because they can not use more than money they can afford.

It is why we don't have to listen to other people especially for popular person like Saylor. As an investor, we need to know how much money we can use to invest in. That is what we need to do before we start.

Using invest only with the money you can afford to lose is better for new investor because they invest by their ability and not break their finance. Investing in Bitcoin is a personal decision so don't let other people interfere with your decision.

[Cointxz]

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.

Saylor is just playing mind games and known for being a Bitcoin maxi. He is investing on Bitcoin despite the majority is feared while his investment is down on the ground.

His solid faith on Bitcoin investment is what makes him confident that he will not lose his investment that’s why he said that.

But in general investment rules you should invest only what you can afford to lose because it always incorporates with risk.

[Marvell1]

During the time cryptocurrencies was new, mostly bitcoin, theirs a lot of ponzi schemes were people invest on bitcoin and most persons invest almost what they have at that time to be multiply, so it's that season that brought such narrative, that people should invest on what they can afford to lose, because now the losing in bitcoin and other cryptocurrencies is not same, if you invest on altcoins you may lose much like people who invest on ponzi, but if you invest on bitcoin it will not be like someone who invest on altcoin and ponzi, bitcoin have more advantage because you are sure of it rising at any time

Yes, investing in altcoins, in Ponzi schemes is much riskier than investing in bitcoin but that doesn't mean bitcoin is risk free, completely safe and we can invest more than we can afford to lose. Is there any proof that bitcoin price will always increase and is definitely profitable? Can anyone guarantee that, and would even Michael Saylor dare make the same claim?

Just because bitcoin has grown over the past 16 years doesn't mean it will be able to grow that way in the future. The future is unpredictable and anything can happen, and the past is no guarantee of the future. Even investments that have been around for thousands of years, like gold or real estate have risks, bitcoin is no exception.

[Alphakilo]

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.

At this point, Micheal Saylor can afford to say whatever he wants. We are not all on the same level financially, geographically, politically and socially.

It is possible to for him to say that he can I invested what I can not afford to loose but I know I can't do that. If I do so, I'll become homeless and a mockery to people. For me, it is still to invest what I know I can afford to lose together with DCA. We are not on the same level and I do not have rich friends to bail me out if I go broke.

[FortuneFollower]

At this point, Micheal Saylor can afford to say whatever he wants. We are not all on the same level financially, geographically, politically and socially.

It is possible to for him to say that he can I invested what I can not afford to loose but I know I can't do that. If I do so, I'll become homeless and a mockery to people. For me, it is still to invest what I know I can afford to lose together with DCA. We are not on the same level and I do not have rich friends to bail me out if I go broke.

Risk management on a retail level and on a bigger level is a different set of skills and ideas - truly.

[lionheart78]

I do not see anything wrong with investing what we can afford to lose.  This simply reminds us that there is always risk involved in investment.  There are cases where investment flops so investing what one can afford to lose in an investment that flops saves him a lot of headache since it will not affect his daily lives financially.

Another thing is investing all we have can end up in not a good situation where we are forced to sell at a loss when needs arise and the money in our pocket isn't enough for these expenses.  Everything should be balanced and carefully planned. So investing in what we can afford to lose is always a safer approach to anything that has something to do with finance.  Btw, my answer to the title is no, the concept of "invest how much you can afford to lose" has never changed.

[Spinning99]

Recently, i read on certain news where Michael Saylor stated, " I invested what I can not afford to loose".

This is good and works for educated people like him who are strong holders. It does not work for retail, who start panicking after Bitcoin drops 5%. A common sign of a retail investor is someone who buys high and sells low, so this approach is not for them. They should stick only to the old invest how much you can afford to lose.

I do not see anything wrong with investing what we can afford to lose.  This simply reminds us that there is always risk involved in investment.  There are cases where investment flops so investing what one can afford to lose in an investment that flops saves him a lot of headache since it will not affect his daily lives financially.

Another thing is investing all we have can end up in not a good situation where we are forced to sell at a loss when needs arise and the money in our pocket isn't enough for these expenses.  Everything should be balanced and carefully planned. So investing in what we can afford to lose is always a safer approach to anything that has something to do with finance.  Btw, my answer to the title is no, the concept of "invest how much you can afford to lose" has never changed.

The poster is talking about what Saylor wrote, so you should see into that and why he says that.

[Hamza2424]

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.

This line is so goated that even after reading it two times I thought he said I invest only what I can afford to lose haha, but your post made me realize I was reading it wrong, I have read it before but it was your post.

This really changes the whole perspective of people because we all had the same mindset that we should only invest in crypto which we afford to lose but if Saylor said I invest with what I can't afford to lose changed a lot, if he have not mistakenly written it wrong. Well there is one big difference and that is we always said invest with what we afford to lose in crypto he said in BTC so I can agree with him that in BTC we can invest our precious money too because it won't go anywhere if not in 2 years then in the next cycle we will be making profit.

There is another explanation to it and that is, he is taking loan on his profits of BTC he bought, so those loan are used to invest again in BTC, and if he lost it, market will surely dump maybe that's why he made that statement and it is a hint for all of us.