Investing in Bitcoin or any other crypto has always been like wagering in a casino.
I would not describe bitcoin investments as the same as gambling in a casino. Ever heard the phrase “the house always win”? Casinos are designed in such a manner that the owners are always in profit even when you think you’re winning. Biycoin is decentralized so there is no owner or one body controlling the system, the same can’t be said for altcoins. One may describe buying altcoins as gambling because the risks are too great and historically there is a tendency of altcoins project to exit the market early. 
Topic: how much money is considered as "invest only what you can afford to lose" - page 2. (Read 655 times)
March 22, 2023, 05:16:38 PM
March 22, 2023, 04:22:51 PM
in any investment we must be prepared to accept losses, regardless of how big or small we invest, all of us will experience risks, and also the benefits that will be obtained if we invest, can be seen in the amount of how much investment we invest
March 22, 2023, 02:26:40 PM
When they say "invest only what you can afford to loss' it's determine by your income on daily, weekly, monthly and even yearly basis.
Everyone's flow of income isn't same, some person's spare money is in millions.
When trying to invest, know theirs is a probability of you losing that money.
Always invest wisely.
Everyone's flow of income isn't same, some person's spare money is in millions.
When trying to invest, know theirs is a probability of you losing that money.
Always invest wisely.
March 22, 2023, 02:04:38 PM
The amount of money that one can afford to lose differs for every individual and it depends on how much one earns, how much one spend, and how much one have as extra money that one can use on anything one wishes. For example, if you earn $1,000, spend $500 a month on all your expenditures, and you have $500 spared from your earnings. From that $500, even if you save $300, you still have $200 that you can afford to lose.
The rock-solid points that prove that Bitcoin is profitable in the long run is the chart history of Bitcoin and the fact that it has suffered so many crashes and still came out stronger on the other end and always had crossed its all-time high from the previous crash after it recovered.
The rock-solid points that prove that Bitcoin is profitable in the long run is the chart history of Bitcoin and the fact that it has suffered so many crashes and still came out stronger on the other end and always had crossed its all-time high from the previous crash after it recovered.
March 22, 2023, 01:53:38 PM
Things like this will be understood if indeed we are aware of the risks that are definitely experienced but when I see the narrative from the OP I don't think that's the goal because seeing from the question the OP only wants to invest safely and comfortably but of course bitcoin is not a comfortable place as expected . It takes several processes that must be followed such as patience and of course in this case controlling the panic when bitcoin crashes.
Not only with Bitcoin but also in general when you do step your foot into crypto space on which you should really be preparing yourself on handling out the risks because when it comes to price movement or simply with volatility then it is really just that in default.On the time that you would really be making out some decisions about engagement or getting involved with investment with it then just make use that you wouldnt really be that anticipating too much positive because thats not how market does simply works.Quote
Invest on what you can afford to lose as always on which it would really be just right that you should really be that aware about probabilities and chances for you to lose money
which is really that a normal part.
From my point of view in looking at the context given by the OP, I don't see anything like this because indeed he needs to really believe that being here is something safe and of course that is an impossibility when in crypto especially bitcoin because we won't be able to really guarantee that here is safe especially with the existing volatility. which is really that a normal part.
March 22, 2023, 10:58:26 AM
It's literally in the name and it depends on every person. You need to know how much money you usually spend a month and add some extra to it just in case. And all the money left you can invest knowing that you won't touch them. But you only need to invest this money if you are ready to "forget" about them for a pretty long time in case of the crypto winter.
And also daily reminders to everyone: NEVER go into debt to invest. It's might be the biggest mistake you can make with crypto. Because it's sad to lose your money but to lose someone's money is much much worse for you.
Play it safe crypto bros BTC
And also daily reminders to everyone: NEVER go into debt to invest. It's might be the biggest mistake you can make with crypto. Because it's sad to lose your money but to lose someone's money is much much worse for you.
Play it safe crypto bros BTC
March 22, 2023, 10:45:15 AM
money i can afford to lose is so small for me that if it will be 100xed then also I will make profit very small
what is the meaning of this "invest only what you can afford to lose" ?,
--you also invested this much small part of your savings(not talking about wealth) in bitcoin?, I don't think many of you invested money that can not impact your life if all gone.
--and also please share some very rock solid points that investing in bitcoin is profitable, and non losable in long term, we don't know if other satoshi came out in 1-2-3 years later(just an less probability thought)
.....
what is the meaning of this "invest only what you can afford to lose" ?,
--you also invested this much small part of your savings(not talking about wealth) in bitcoin?, I don't think many of you invested money that can not impact your life if all gone.
--and also please share some very rock solid points that investing in bitcoin is profitable, and non losable in long term, we don't know if other satoshi came out in 1-2-3 years later(just an less probability thought)
.....
Well, when it comes to very risky things like gambling, I'd use the term "invest what you can afford to lose"... because the chances of losing all your money in gambling is very high. How much can you afford to invest in gambling? I think it should below 1% of your total assets/money.
But when it comes to less risky investments like Bitcoin I would use the term
"invest what you can afford to risk" How much can you afford to risk in less risky investments like Bitcoin? That would be below 20% of your total assets/money.
March 22, 2023, 10:06:49 AM
Investing ready to lose money is definitely a very small amount of money, an example is like losing our money by 1% of the total of all our money which is 100%.
and indeed in my opinion investing in bitcoin with the amount of money we can afford to lose is the best way to invest, because of course it will not disturb our mentality even if the price of bitcoin falls. that's why many people are frustrated by failure to invest and that in my opinion is due to the impact of the money invested is too large and not ready to lose the money.
and indeed in my opinion investing in bitcoin with the amount of money we can afford to lose is the best way to invest, because of course it will not disturb our mentality even if the price of bitcoin falls. that's why many people are frustrated by failure to invest and that in my opinion is due to the impact of the money invested is too large and not ready to lose the money.
March 22, 2023, 09:43:31 AM
There is not binding for how much one can afford to lose.
For money that is obtained by blood and sweat, the earner knows the importance of not wasting it and this is why when we were kids, our parents taught us about money and savings and not the other way round.
For money that is earned by theft and deception, the attachment to that is low and the earner would most likely be wasteful about it.
The second option will always have more money that they can afford to lose compared to the first one. But the main idea is not to spend amounts that if you lose you would regret or fall in trouble.
For money that is obtained by blood and sweat, the earner knows the importance of not wasting it and this is why when we were kids, our parents taught us about money and savings and not the other way round.
For money that is earned by theft and deception, the attachment to that is low and the earner would most likely be wasteful about it.
The second option will always have more money that they can afford to lose compared to the first one. But the main idea is not to spend amounts that if you lose you would regret or fall in trouble.
March 22, 2023, 09:41:46 AM
OP only you knows how much you can afford to lose, the answer lies in the amount of money you make every month, the 10% of the money you make per month is safer than using 50% of the money, if you are not married yet and you have no other responsibility than feeding yourself then you can live on 50% of the money per month, still it depends on how much you are making per month, so only you can know.
March 22, 2023, 09:25:39 AM
what is the meaning of this "invest only what you can afford to
The basic meaning of this is that we should invest in limits. Trading is subject to market risks, so you should always invest that much, which, if by chance it went to a loss, you could manage at least for the rest of the month. If you invest the amount, which you wanted to fulfil daily needs or which you wanted to use to pay bills, then definitely if by chance that went for loss, then you have to struggle to pay of the bills. This is why it is always advised to trade within limits. If you have extra money and want to make money out of it, then only invest that amount into trading. I hope this clears some of your doubts, OP.
March 22, 2023, 09:20:56 AM
OP your calculation is wrong. If you calculate from your salary you will get into trouble once you need to start paying your monthly/yearly bills. The best way to calculate "money that you can afford to lose" is to take your salary, subtract your bills, subtract your living costs, subtract your savings/emergency funds and only then with what you have left you decide how much of that you wish to invest.
I would say no more than 50%. If you want to be extra careful, 10% will do nicely.
I would say no more than 50%. If you want to be extra careful, 10% will do nicely.
March 22, 2023, 09:18:16 AM
Nothing is too small to start up an investment and before you start up any investment you need to know what you getting into if you also have financial power to go for it, because you can't say you investing on something while your bank account can't stand firm, if you have what you can spare after putting your money on whatever you investing in then you're good to go. You can split your cash into two or doing it 40/60 then use the smaller part to start (to me), if it favors you, you can double the next investment...
OP, When you say "invest only what you can afford to lose" is suppose to be the income you have that even if it's stolen it won't affect you in any way.
No fix amount is said to be used while investing, is a 50/50 thing, you win and you lose.
OP, When you say "invest only what you can afford to lose" is suppose to be the income you have that even if it's stolen it won't affect you in any way.
No fix amount is said to be used while investing, is a 50/50 thing, you win and you lose.
March 22, 2023, 01:56:05 AM
There is no minimum or maximum amount to define "invest only what you can afford to lose". Do it according to the power of money that is ready to lose because Crypto investment has advantages and disadvantages.
You can invest whenever and however much you want, if you are not ready to lose large amounts, don't ever dream of making large profits.
You can invest whenever and however much you want, if you are not ready to lose large amounts, don't ever dream of making large profits.
March 22, 2023, 01:33:45 AM
Investing offers the opportunity to increase assets as well as risk loss, the OP's question is whether you are really serious about investing and have long-term investments.
Imagine some of your own money invested in the crypto market, you can't expect an instant result, no one ever successfully invests 100% of the time. So when you go through many different things, accumulate more knowledge and skills in analysis and evaluation, the risk ratio in investment will be reduced. Therefore, investing the money you are willing to lose is only for those who are just starting to invest in properties.
Imagine some of your own money invested in the crypto market, you can't expect an instant result, no one ever successfully invests 100% of the time. So when you go through many different things, accumulate more knowledge and skills in analysis and evaluation, the risk ratio in investment will be reduced. Therefore, investing the money you are willing to lose is only for those who are just starting to invest in properties.
March 22, 2023, 01:21:47 AM
"money you can afford to lose" for each person is different. So, it all depends on each of our conditions. if you can only afford to invest $10, then that is money you can afford to lose. the important thing is, you are ready if the money suddenly decreases. Also, there is no guarantee that investing in bitcoins is profitable. it all depends on the way we do to increase the assets we have. many say that this is a risky investment, but if you are able to take advantage of it, then this can also be a very profitable investment.
March 22, 2023, 01:10:22 AM
money i can afford to lose is so small for me that if it will be 100xed then also I will make profit very small
what is the meaning of this "invest only what you can afford to lose" ?
you also invested this small part of your savings(not talking about wealth) in bitcoin, I don't think many of you invested money that can not impact your life if all gone.
and also please share some very rock solid points that investing in bitcoin is profitable, and non losable in long term, we don't know if other satoshi came out in 1-2-3 years later(just an less probability thought)
also tell about my english(feedback kind of) when i read my sentences, i feel this is very bad english.
what is the meaning of this "invest only what you can afford to lose" ?
you also invested this small part of your savings(not talking about wealth) in bitcoin, I don't think many of you invested money that can not impact your life if all gone.
and also please share some very rock solid points that investing in bitcoin is profitable, and non losable in long term, we don't know if other satoshi came out in 1-2-3 years later(just an less probability thought)
also tell about my english(feedback kind of) when i read my sentences, i feel this is very bad english.
If you can afford to lose really small amounts of money, then you have a problem with your income.
Don't focus on your small savings and investments. Focus on growing your income. This will allow you to save more money, so that you'll have some capital that could be invested in assets that have higher risk/higher profit and you could afford to lose.
Bitcoin isn't some sort of easy investment, that will magically 100x your investment. It's your responsibility to buy and sell at the right time and to not panic, when bad news hit the markets. Nobody can guarantee you big profits in the world of finance. If somebody is promising big profits with low effort, he is most likely a scam.
Your English is OK, I just don't understand what do you mean by "satoshi came out in 1-2-3 years later". The appearance of Satoshi Nakamoto most likely won't change anything at this point.
March 22, 2023, 01:00:18 AM
but, i am a excellent saver(when no money in pocket then need to be a excellent saver), not waste money on entertainment, fast food, not have home to invest in for maintenance, not gone on any trips from my childhood,
I think it helps you more as an excellent saver. Since you are an excellent saver you can easily take a part of that savings even if it's very little and use it to invest. Don't get me wrong, there's nothing easy about investing, especially for those that don't make much money. The term "invest what you can afford to lose" doesn't mean you invest only money that means nothing to you. You can take a percentage of your savings and invest, if you lose it you'll feel bad but you'll be alright. That's all it means. Invest money that won't put you in a very bad place when you lose it even if you will be affected a little. That's the risk involved with investment, but it should be a low risk.
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March 22, 2023, 12:55:53 AM
Only investing what you can afford means that if you can only invest $50-$100, that is an amount you are allowed to use. More than that, you will feel worried, especially if the market conditions are as uncertain as they are now. This applies to all investments we are familiar with so that we do not cross the boundaries of using money.
Investing in bitcoin for the long term is very profitable, especially since we have seen the journey of bitcoin so far that if we can use the amount of money we can afford, we can have some bitcoins. We can also expect to make huge profits, especially when the bitcoin price goes up high. At the moment, the bitcoin price is recovering because the price has been able to go higher than before and will continue to increase day by day. However, we also have to be aware that a correction will come after reaching temporary highs.
Investing in bitcoin for the long term is very profitable, especially since we have seen the journey of bitcoin so far that if we can use the amount of money we can afford, we can have some bitcoins. We can also expect to make huge profits, especially when the bitcoin price goes up high. At the moment, the bitcoin price is recovering because the price has been able to go higher than before and will continue to increase day by day. However, we also have to be aware that a correction will come after reaching temporary highs.
March 22, 2023, 12:40:44 AM
It totally depends on your lifestyle and needs. For example I have a family that can financially support me, in other words, I don't need to pay for grocery/food, even electricity bills or rent. So I can directly invest at least my %80-90 of whole money. This completely changes if you need to pay for bills, if you a wife or kid (I am single) and if you own house or not. I feel like safest bet would be %25-30 if you are married, %40 if you are single and around %50-55 if you own house.
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