Invest what you can; Not what you can afford to lose.

[Zoomic]

The motivation behind this thread is this advice - Reasons to use only Discretionary Income for Bitcoin investment..
We are all familiar with the advice of investing what you can afford to lose. This advice originated from the early days of bitcoin, bitcoin of the beta state of bitcoin, people were unsure how the bitcoin will perform.
Secondly, bitcoin is a volatile asset and such an advice fits well for all volatile assets. So, the advice was genuine.
But fast forward to today, when we know that bitcoin is not going to make you lose your money, when you are hodling. If we continue to make this advice credible, it will hinder people from investing well in bitcoin, thinking that it is gambling.

So, as long as bitcoin is concerned. I am proposing that the statement be changed to "Invest what you want to invest". Yes, if you have $10k and you want to use $4k for investment, use the 4k. Don't go and invest $50 because it is what you can afford to lose. This is for bitcoin and I hope you guys will understand the angle I am coming from

[Despairo]

I'm not sure why you want to add more spam by creating a new thread about a similar discussion, if you reply to that thread with this post, it should be enough.

Although yeah you're right in what you saying, Bitcoin should be no longer a high volatility asset, it's more to medium volatility asset. The volatility is still higher compared to gold, blue chip stock, and other liquid assets.

You know people won't lose if they're keep holding, because it's just a temporary unrealized loss.

[Zoomic]

I'm not sure why you want to add more spam by creating a new thread about a similar discussion, if you reply to that thread with this post, it should be enough.

Although yeah you're right in what you saying, Bitcoin should be no longer a high volatility asset, it's more to medium volatility asset. The volatility is still higher compared to gold, blue chip stock, and other liquid assets.

You know people won't lose if they're keep holding, because it's just a temporary unrealized loss.

Point of correct, my post is not a spam. You don't have to call this post a spam.
There is what is called a parallel post and both posts are not on the same board.
So, my post is well fitted in Bitcoin discussion board, while the one I referenced is in beginners and help board.

The point I raised here needs wider publicity because it is a different and rare opinion, that is why I made the post. So, you are so wrong to call this post a spam. I will appreciate if you withdraw your statement.

[GiftedMAN]

So, as long as bitcoin is concerned. I am proposing that the statement be changed to "Invest what you want to invest". Yes, if you have $10k and you want to use $4k for investment, use the 4k. Don't go and invest $50 because it is what you can afford to lose. This is for bitcoin and I hope you guys will understand the angle I am coming from

I remember using this words to advise a new investor because I wasn't sure of Bitcoin when I started investing but right now after gaining so much knowledge I also think it is wrong to use such words to advise someone who is trying to invest in Bitcoin because both a long term hodler or a short term hodler has nothing to lose in Bitcoin if they don't get tired along the line and sell at loss. I think such words should be used when investing in altcoin or shit coin because they are the only cryptocurrency that has the possibility to pump and dump.

Gambling is another place there I think such words should be used since you can invest so much to gamble and end up losing everything. Trading is also another place to use such words knowing that with or without experience you can put in so much to trading but end up losing it all. Bitcoin is volatile no doubt but having 1BTC during the dip doesn't reduce the number of what you have the value only reduces.

[Davidvictorson]

So, as long as bitcoin is concerned. I am proposing that the statement be changed to "Invest what you want to invest". Yes, if you have $10k and you want to use $4k for investment, use the 4k. Don't go and invest $50 because it is what you can afford to lose. This is for bitcoin and I hope you guys will understand the angle I am coming from

Whatever rocks out boats and helps us to invest wisely, I am all up for it. Whether it is in investing what you can afford to lose or investing what you want to invest, the conclusion is that invest wisely. In my estimation that comes with using the dollar cost averaging method to invest strategically at your own pace in whatever market conditions without feeling under pressure. It helps a lot.

The point I raised here needs wider publicity because it is a different and rare opinion, that is why I made the post. So, you are so wrong to call this post a spam. I will appreciate if you withdraw your statement.

Hey bro, don't take it personal.

[Joy- maker]

If you ask me I will say that this advise that we should invest what will can afford lose is not a bad advise nor a wrong advise, because even if you are to invest what you want in bitcoin there is no way you will invest the amount of money you're not comfortable with in bitcoin, what if things  goes wrongly? See you don't have to risk essential funds all in the name of investing in bitcoin. Remember you're not advised to invest what you can afford to lose not only because bitcoin is a volatile asset, there are also other treat such as theafs, hackers and scammers, so let's assumed you invest the money you can afford to lose in bitcoin and you got scammed or someone got access to your wallet and stole all your bitcoin, do you think you will be that bothered since what you invested is what you can afford to lose? So wether you are advised to invest what you can afford to lose in bitcoin  or to invest what you want all are good advise, beside are you to invest what you don't want in bitcoin?

[Sanitough]

Investing clearly requires risk. So if you can invest what you can afford to lose, that’s fine. But if you can invest more than what you can afford to lose, much better, because that only means you are attracting excellent returns when your investment pays off. And in an investment like bitcoin where hodling alone guarantees secured profits, seeing bitcoin price is still capable to reach its new all time high, then it’s never a waste of time and money if you can invest even on an amount you can’t afford losing.

[Ivystar5]

So, as long as bitcoin is concerned. I am proposing that the statement be changed to "Invest what you want to invest".

I prefer to use the term " Invest what you can do without for a long time" this makes it more convenient to everyone, if you have $100 you can afford to do without $10 for a long term and compounding power makes it mighty enough to not be able to do without it in the future or want to use it as it will be accumulated to a great extent and will basically return a very good amount as profit.

[Shineup]

Investing clearly requires risk. So if you can invest what you can afford to lose, that’s fine. But if you can invest more than what you can afford to lose, much better, because that only means you are attracting excellent returns when your investment pays off. And in an investment like bitcoin where hodling alone guarantees secured profits, seeing bitcoin price is still capable to reach its new all time high, then it’s never a waste of time and money if you can invest even on an amount you can’t afford losing.

Your advice of investing an amount you can't afford to lose is not suitable for me and I don't think is reasonable owing to the fact that the Bitcoin investment is not completely risk free and investing an amount you can't afford to lose means that you are investing above your risk limit which can cause emotional traumatization and anxiety, no body can ever stay calm with the Bitcoin ups and downs if they invested an amount that they can't afford to lose, invest what you can afford to lose to enable you stay calmly and watch the investment grow and that isy opinion on this.

[Wiwo]

Well o well what else can we say that the old slogans and advise have stick deep into people and as matter of fact many people even right now that you think that Bitcoin have gained all the traction still takes Bitcoin as an experiment, that is putting in what their can gamble with because Bitcoin to them is still a bubble regardless of Bitcoin current value.

What makes us different from them is the level of knowledge that we have build around Bitcoin and how far we have being consistent with our Bitcoin jurney over this year's.

The point is that we takes Bitcoin as a passive investment assets that is confident enough in Bitcoin that we can put down 100% of the money you mentioned, and being happy that we are holding more Bitcoin than fiat.

But to those newbies, their put $50:out of the total n$10,000 thinking that Bitcoin investmemt is about investing what you can afford to lose, but this is already an old way and model to approach Bitcoin as an asset.

[lionheart78]

The point I raised here needs wider publicity because it is a different and rare opinion, that is why I made the post. So, you are so wrong to call this post a spam. I will appreciate if you withdraw your statement.

I believe this is subjective; some people can see this as a spam thread while others don't.  So if one person sees this thread a spam, it won't change their perspective even if you write an infinite pages of reasons.

Anyway, this statement is a bit tricky, "Invest what you can;  Not what you can afford to lose" and is somehow devastating when applied to all investment.  This encourages people to invest without thinking about their capacity to accept risk.  It nullifies the idea of weighing carefully before spending money to invest.  This also shows short-sightedness since investing now in what you can does not consider the possible situation of tomorrow. This is like splurging everything without any reserve.

I believe I know where this phrase is coming from.  It is because Bitcoin has been surging since the day its market opened (although there are fluctuations everywhere) but this does not warrant the future event of Bitcoin.  Besides, this also does not mean that we have to be careless in our investment. The prior statement also reflects on this quoted message.

Investing clearly requires risk. So if you can invest what you can afford to lose, that’s fine. But if you can invest more than what you can afford to lose, much better, because that only means you are attracting excellent returns when your investment pays off. And in an investment like bitcoin where hodling alone guarantees secured profits, seeing bitcoin price is still capable to reach its new all time high, then it’s never a waste of time and money if you can invest even on an amount you can’t afford losing.

[Rockstarguy]

Investing an amount that you can afford to lose is not bad advice. This phrase is also used for beginners, and the reason it is used for beginners is that some don't really have a good understanding of Bitcoin. Sometimes, due to their limited knowledge, they may make mistakes that can lead to losing their Bitcoin. That is why beginners are always advised to start small. After they have gained a good understanding of Bitcoin, they can decide to invest an amount that they can afford to lose.

[EL MOHA]

Investing an amount that you can afford to lose is not bad advice. This phrase is also used for beginners, and the reason it is used for beginners is that some don't really have a good understanding of Bitcoin. Sometimes, due to their limited knowledge, they may make mistakes that can lead to losing their Bitcoin. That is why beginners are always advised to start small. After they have gained a good understanding of Bitcoin, they can decide to invest an amount that they can afford to lose.

This phrase of investing what you can afford to lose was used when bitcoin was at it’s early stage and in this period of time there was a huge scare for the success of bitcoin and most people getting into it then were seeing it as a gamble then and not actually an investment then due to its uncertainty that’s why it was clearly about investing on what one can afford to lose but after many years of bitcoin actually growing in its adoption I think this phrase doesn’t seems to actually apply again.

Using this phrase of investing what one can afford to lose now is more like saying investing into gold what you’re afraid to lose. The best advice is invest wisely, there are many attributes on this phrase, wisely can mean what you can be able to hold for long term or anything of such

[Sonia_123]

The motivation behind this thread is this advice - Reasons to use only Discretionary Income for Bitcoin investment..
We are all familiar with the advice of investing what you can afford to lose. This advice originated from the early days of bitcoin, bitcoin of the beta state of bitcoin, people were unsure how the bitcoin will perform.
Secondly, bitcoin is a volatile asset and such an advice fits well for all volatile assets. So, the advice was genuine.
But fast forward to today, when we know that bitcoin is not going to make you lose your money, when you are hodling. If we continue to make this advice credible, it will hinder people from investing well in bitcoin, thinking that it is gambling.

So, as long as bitcoin is concerned. I am proposing that the statement be changed to "Invest what you want to invest". Yes, if you have $10k and you want to use $4k for investment, use the 4k. Don't go and invest $50 because it is what you can afford to lose. This is for bitcoin and I hope you guys will understand the angle I am coming from

The statement of what you can afford to lose is not wrong, it prepared your mind for future loses is the bitcoin market price is unpredictable, using that statement means do not use money for your needs and wants in general to invest in bitcoins sin it is not guaranteed that you will make profit, and that is why it is for a long-term investment not a short-term, because you accumulate little by little using your DCA which can never affect your expenses.

Using what you can afford to lose means money that is not relevant to you, if go missing will not affect you or any of your expenses, these are money you use for recreational purposes like getting ice cream,  clubbing and unnecessary spending which you get as a left over after making all your expenses needed for the month from your income.

If you have to invest what you want means, your investment will come first and not your personal expense, which will not be good for you at all, then how do you survive. A lot of persons wishes to invest more but their personal expenses would not allow.

[cr1776]

So, as long as bitcoin is concerned. I am proposing that the statement be changed to "Invest what you want to invest".

I prefer to use the term " Invest what you can do without for a long time" this makes it more convenient to everyone, if you have $100 you can afford to do without $10 for a long term and compounding power makes it mighty enough to not be able to do without it in the future or want to use it as it will be accumulated to a great extent and will basically return a very good amount as profit.

Yes, invest what you won't have to sell for a long period (several years), so you don't have to sell at a bottom. 

[hd49728]

We are all familiar with the advice of investing what you can afford to lose. This advice originated from the early days of bitcoin, bitcoin of the beta state of bitcoin, people were unsure how the bitcoin will perform.

It is always true in early days of Bitcoin existence and until today as well as moving forwards to the future. It is also true for investments in other markets, and this means it is true not only for Bitcoin market.

Secondly, bitcoin is a volatile asset and such an advice fits well for all volatile assets. So, the advice was genuine.

The advice is true not only for volatile market like Bitcoin market, as in all markets, and with all things you invest your money in, there is risk and nobody can control risk entirely and predict the future correctly. Therefore, invest what you can afford to lose is a forever true and applicable advice.

In either volatile market or stable market, you must afford to lose your investment capital.

But fast forward to today, when we know that bitcoin is not going to make you lose your money, when you are hodling.

Nobody know and even I believe in a bullish future for Bitcoin, I am unsure it won't make me losing my money.

HODLing is key to success and get profit with Bitcoin investment as proven by history and the HODL camp map shows this.
https://hodl.camp/

[Iranus]

Remember that investing is risky, whether it is gold, stocks or bitcoin, it is no exception.

The higher the return, the greater the risk, and newer, more volatile assets are investments that have the potential to provide better returns but are also riskier.

So invest within your financial means and always have a backup plan, because anything can happen. Everyone has a different financial situation and we should invest based on our circumstances. Don't impose your thinking on others or invest by imitating others.

[X-ray]

The invest what you can afford to lose thing is just a metaphor, basically you should invest the amount of money where you gonna have no problem waiting for the draw down to recover if the investment doesn't go as you planned.

It's a common sense as well to not invest too low otherwise we're just wasting our money.

Basically, it's just saying that you should invest as much as you can but just make sure if things doesn't go our way you don't become homeless person or go completely broke.

[Eternad]

So, as long as bitcoin is concerned. I am proposing that the statement be changed to "Invest what you want to invest". Yes, if you have $10k and you want to use $4k for investment, use the 4k. Don't go and invest $50 because it is what you can afford to lose. This is for bitcoin and I hope you guys will understand the angle I am coming from

I also prefer that quote but the issue arises for those people who dive into bitcoin without any knowledge. People who are not well-informed about bitcoin will go all-in putting a large chunk of their money on bitcoin just because they have the capability to do it.

Not understanding the risks of investing into bitcoin, once they lose their money they start blaming other people and even spread false information about the cryptocurrency which is bad for bitcoin's image.