Bitcoin the future money. x12 is possible within 15 years.

[Darker45]

Is this a financial advice? If people would invest what they can't afford to lose and are forced to sell at a loss because of an emergency, would you be willing to be held accountable? If investors would take your word and invest heavily believing that their capital would multiply 12 times before 15 years and failed, would you hold yourself answerable?

Don't you find your advice overconfident? I agree that Bitcoin is the future money. I also agree it's best kept long-term. But I find it irresponsible to say that investing only what you can afford to lose is a big lie. In the end, Bitcoin doesn't bring any guarantee. It remains risky.

[Lucius]

Only invest what you can afford to lose is a big lie, bitcoin is a hedge against centrally controlled what they called fiat.
~snip~

This is not a lie, but just good advice for all those who are not financially literate enough to know how to manage their money. It's not just the price of Bitcoin that you're speculating about (so this topic actually belongs in the Speculation board), but it should be taken into account that investing in cryptocurrencies also carries with it some other risks.

How many people were hacked in one way or another, lost their backup or were victims of a physical attack? x12 sounds nice, but you just threw that number out randomly without any logic - it could be x5 or x3 and it's all just a guess.

[Hewlet]

Only invest what you can afford to lose is a big lie, bitcoin is a hedge against centrally controlled what they called fiat.

In all, you've got to create the right Ballance and ensure that you're not painting what looks too perfect above what bitcoin actually is. The idea of investing what one can afford to loose comes from a place of carefulness because if you're advising an investor to go all into investing without looking at the downs associated with bitcoin investment, when the down moment eventually comes, it's going to certainly leave him with massive regrets.

Even if you have all the resource available, still invest with caution because there's no 100% certainly with bitcoin investment just like it's the case with every other kind of asset. You invest with the intention of getting returns while being ready to expect whatever worse case scenario that comes with it.

[pawanjain]

Bitcoin is a useful easy means to prepare for the future and old age. Start saving now, bitcoin can still increase 12 times before 15 years to this now.

Do not save the fiat because the government will scam you, they will devalue the fiat for their own benefit. Fiat look stable but fall in value after long time, bitcoin is volatile but increase in value over a long time.

Be wise and do not fall for the government scam fiat trap.

12 times in 15 years is quite an achievable target. Bitcoin has already generated unrealistic returns over the last decade.
12x is very realistic return and very much possible with bitcoin. Even I believe that most of our holdings should be in bitcoin.
Fiat is just for regular payments and day to day transactions and so it is better to keep only that much fiat money which is sufficient for daily use and invest the rest.
Investments can be diversified though. Not everything should be put into bitcoin but it can surely be a bigger part of our portfolio.

[Somegory]

Even a 3x in 15years to now still makes a big difference compared to keeping all my money in a bank account, and funny enough the bank is using people's money to invest in anything that can bring them more money.

Another reason why keeping money in the bank is a bad idea is inflation, within that 15years your fiat will never be the same again, especially those fiats that are shaming away from dollar rate.

I will be fine either way, trusting Bitcoin is all I can do, having Bitcoin means my Bitcoin is truly mine, Fiat is the made up paper money that the government made, it's still theirs but with the existence of Bitcoin that's no more.