Invest not with money for daily necessities or borrowed money. Because investing is not a short time if you want to get maximum profit. So you won't feel depressed or in a hurry to make a profit. Because basically in investing it, we have to be patient.
Topic: Don't invest more than you can afford to lose? - page 4. (Read 757 times)
Some people said that 'Don't invest more than you can afford to lose.'
Do you agree?
Do you agree?
Yes I'm Agree with that quotation that is best for newbie in investing specially in crypto currency. Many people get mess with some other investment they will putting theyre all money in one investment without knowing what will happen in last. Newbie in Investing is just like this is your first time to plant a crop if you dont have knowledge with it theres a possibility that your crop will not grow and it will die just like by investing if you put all of your money to the wrong investment without knowledge of what you are doing it will totally go to trash thats why thats quotation is best to all investors by not losing too much money and get lost at the end.
Some people said that 'Don't invest more than you can afford to lose.'
Do you agree?
This is the basic if e are going to invest.Do you agree?
I absolutely agree with this.
If we are forcing ourselves to invest as much as possible without considering the risks and the loss that we can really afford, there will be regrets later.
We will not know what will happen in the future. We even don't know exactly whether we will always win and take profits or not. But, risking ourselves very highly over what we can afford is not a wise idea. That is why I do agree with this.
then you should prepare yourself on more riskier due to movement of price in wider percentage.Invest on the amount you could only afford to lose and risk more if you do see some opportunity to make profit
but this is situational or does depend on the possible opportunities that you do really see and this is on self jurisdiction so you should really be that mindful.
Some people said that 'Don't invest more than you can afford to lose.'
Do you agree?
This is like a law of investment in cryptocurrencies, this is a market that is not regulated, funny enough any Tom, Dick and Harry can clone a coin and make it to look real and credible invariably launch an ICO or IEO etc in a bid to attract investors whereas it is a scam, of course investing with what you can afford to lose wouldn't have much impact even if the project turned scam, however investing a big chunk of your funds in those type of project will be absolutely disastrous and might lead to bankruptcy, always invest wisely in cryptocurrencies related projects to avoid any eventuality. Do you agree?
Some people said that 'Don't invest more than you can afford to lose.'
Do you agree?
This is the basic if e are going to invest.Do you agree?
I absolutely agree with this.
If we are forcing ourselves to invest as much as possible without considering the risks and the loss that we can really afford, there will be regrets later.
We will not know what will happen in the future. We even don't know exactly whether we will always win and take profits or not. But, risking ourselves very highly over what we can afford is not a wise idea. That is why I do agree with this.
Some people said that 'Don't invest more than you can afford to lose.'
Do you agree?
101%.Do you agree?
This had been the golden rule on this crypto market since the risk is pretty high compared to traditional investments which it is just right that you should really know on how to risk handling
because most newbies do expect that earning money on this place is easy without realizing or knowing the real deal until they do experience losses then thats the only time they do really learn.
Invest on the amount that you could afford to lose and dont invest an loaned money or been borrowed. Dont use your life savings because if you do then its suicide. Crypto
market doesnt guaranteed profits and you should put it up to your mind.
Yes.
It is the first rule of thumb that every investor has to remember. You invest in this volatile market with the amount you can afford to lose. Because you'll never know the altcoin that you've invested will start to dump.
And you're totally invested on it, you're about to lose 50%-90% of your money so that should be acceptable to you.
It is the first rule of thumb that every investor has to remember. You invest in this volatile market with the amount you can afford to lose. Because you'll never know the altcoin that you've invested will start to dump.
And you're totally invested on it, you're about to lose 50%-90% of your money so that should be acceptable to you.
Some people said that 'Don't invest more than you can afford to lose.'
Do you agree?
Agree in this way, we need to maintain a balance of profit and loss. As you said it is very wise in managing finances in daily life, there is no need to be greedy for big profits otherwise the risk of losing will cause pockets to become empty and this becomes the cause of frustration and emotions that you cannot control yourself. I personally always advise my friends in trading in Crypto not to sacrifice everything we have but 10% or 20% of the money we have to minimize the risk of loss. Do you agree?
What is there to agree with this, you can only invest what you can afford and there are some who takes the extreme step to invest everything in Bitcoin and when you had this idea a few years back then you would have made a fortune. I have not heard about anyone taking risk to invest in any alts but only in Bitcoin you can afford to take some risk and if you invested when the market was down, then you could reap your benefit.
Some people said that 'Don't invest more than you can afford to lose.'
Do you agree?
Of course, that's actually the most important rule of investing, you simply can't just throw all your money into one coin cause investment is risky and its not certain that you may get a profitable return, few reasons why you should have a diversified portfolio, don't put all your eggs in one basket to avoid becoming broke when the coin eventually dump, the crypto market is very volatile and risky that's why you shouldn't just buy up a coin with all your money. Do you agree?
Some people said that 'Don't invest more than you can afford to lose.'
Do you agree?
Do you agree?
100% agree, because every investment must have a risk and of course investing in cryptocurrency has a big risk, so you have to be prepared with the risk (ready to lose your money when the project you invest fails), therefore I never recommend to my friends to invest all their money in cryptocurrency, because the risk of losing money can occur, therefore it is better to invest with money that are ready to lose, so you won't be stressed when the price of coin that you invest dump or the project fails.
Some people said that 'Don't invest more than you can afford to lose.'
Do you agree?
Of course, I have even implemented it. because I know that investing in any coin has its own risks, especially the price of a coin which is very volatile or can change at any time. on the other hand i invest more than i can afford to lose, i use some of that money which is generated from the bounty. Do you agree?
Yes, I fully agree. Because this crypto market is totally risky. No one knows what will happen in the next hour. Any bad news can impact highly on BTC which will affect other altcoins so it is necessary to don't invest more than that you can afford to lose.
This is my 1st principal that I will invest only extra which I do not have to look or stressed about if I end up losing in the worst come scenario. This just gives me cushion as well if market falls I can hold it as not depended on that money because that is extra and can be hold for a longer term if required.
Some people said that 'Don't invest more than you can afford to lose.'
Do you agree?
Do you agree?
Yes! absolutely and that was the golden rule in cryptocurrency investment, It's a high-risk type of investment, And also it behaves differently that's why it was more like a gamble compared to other kinds of investments like stocks and many others. "Invest only that you can afford to lose" is a must-follow rule especially for the noobs to avoid being caught by surprise. But most of the time people are not following that rule instead they make their own rule that was resulting in a massive loss.
Of course! First of all, it is important to your mental health as if you invest the last money, you will be much more nervous with every drawdown. Secondly, this way you can’t afford time to work on yourself. As when you invest “money to burn”, you can leave them for 5 or 10 years and then take your profit. One more tricky thing is credits, please, don’t take loans for investment, you may not pay off then.
credit or loans, that's too risky. If you plan to invest better to use spare money, it's more easy to let go if you are using
capital that you are capable of forgetting while you are inside this market.
Unlike with your savings or money that allocated to other things, you'll keep fearing to lose it up and with some artificial
movement you'll be move and lead you to lose your money.
We all know that investing is storing capital for the long term in certain assets with the hope that in the future it will provide greater benefits. When you use costs beyond your means or force a loan to invest, it is highly discouraged, because investing with what you can afford is better off even if it's small.
The lessons we can learn from investing are learning to be patient, learning to save, learning to set aside some money for future needs, learning not to be extravagant at a young age, then learning to recognize the type or choice of assets that can really provide benefits. At least in your view can guarantee a brighter future. And in the future, you will reap the fruits of what you have sown for a long time.
The lessons we can learn from investing are learning to be patient, learning to save, learning to set aside some money for future needs, learning not to be extravagant at a young age, then learning to recognize the type or choice of assets that can really provide benefits. At least in your view can guarantee a brighter future. And in the future, you will reap the fruits of what you have sown for a long time.
Of course! First of all, it is important to your mental health as if you invest the last money, you will be much more nervous with every drawdown. Secondly, this way you can’t afford time to work on yourself. As when you invest “money to burn”, you can leave them for 5 or 10 years and then take your profit. One more tricky thing is credits, please, don’t take loans for investment, you may not pay off then.
yes bro it is right I also think the same I said my friends and who ask me I said that if you have extra money then you can make the investment because investment is very dangerous crypto can make you rich and also crypto can make you poor so please if you have extra money then you can make investment otherwise you should get avoid
Some people said that 'Don't invest more than you can afford to lose.'
Do you agree?
Do you agree?
Of course i agree with that statement and i highly doubt that only some people say that i would imagine that every sane person would act according to this statement not only in crypto but with investments in general. I think though that especially in the cryptospace you should only invest money that you not only can afford to lose but that you can afford to lose without having any impact on your daily life. Crypto is so volatile and so full of scams and hacks that it is not that unlikely, especially for someone that is completely new to crypto, that all of your funds are lost because the project you invested in made a rugpull or you shared your private keys or the exchange where you had your coins got hacked.
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