Topic: how much money is considered as "invest only what you can afford to lose" - page 3. (Read 657 times)

actually everyone doesn't want to lose their money even though it's very little money, and so do I, I also don't want my money to disappear, because finding money is very difficult even though it's only a little money.

so in my opinion, love our money, and what I mean is love money, that is, try to be a smart investor, namely by not selling our bitcoins at a loss.
and usually people who lose ( lose their money.) Because they are not smart in investing in bitcoin.

Let me break it down in case you don't comprehend the concept of invest what you can afford to lose, its encouraging for a beginner in cryptocurrency industry to examine the main factor that hinders the existence of cryptocurrency investment, because the investment can result out positive or neither negative during the process of investment,  so it's the reason while experience investors have to encourage the new investors to be wise enough to use their spare money investment, should incase the investment moves for negative side and it will not caused a depression for the beginner. So it's good to use the funds you can afford to lose.

Yes I understand your sentences I don't have to argue anything with you sir.
We all know the situation presently involved with bank and inflation, even me don't leave my money in bank or fiat.
Op can only sights on my examples but doesn't mean he should follow what I said since everyone knows their capacity and their income ratios.

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.

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.

Please, don't get me wrong. My comment wasn't to disparage your view in anyway. Nope, not at all. I raised two salient issues in that post – savings and 2) investment– but let me address the one of savings where both of us seem to be on the same wavelength. The idea of saving money in the bank while one can invest it is utterly not a wise decision.

For me, I keep a greater part of my money in cryptos (Bitcoin and alts), not in fiat. By storing it in cryptos, it serves as an investment still. Even when I'm not actively investing it, I store it in stablecoin. That way, it retains its value and not be taken up by the effects of inflation.

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.

Well is not arguable but it all depends on the individual, you talks according to your capacity of bearing a risk lost, I commented according to his post because as a newbie who don't have deep revelation on bitcoin can go by that way, but as a legend you are who gets all knowledge concerning bitcoin can endangers in himself with such decision. Mr A can afford to lose $200 while Mr B can only afford to lose $40 in this scenario you don't expect Me B to risk a whole lot of $200 just as Mr A did.
But to me with latest happening within the banking sector today I won't keep any of my salary in bank since they are not trusted and can't serve as a store of value rather they keeps charging unnecessarily from your savings all in the name of account maintenance and service fees.

I think having two incomes makes this a better deal. I have my regular job and life, that salary goes into living, but I also make money from signature campaigns here, and maybe that isn't too much money for many people in the west, but for me saving this much money per month isn't that bad. I make about 80+ per week, and there are 52 weeks a year, that means around over 4 thousand dollars a year, that is serious amount of money in Turkey for savings. Obviously, I end up spending them whenever they are big enough and I make good enough profit, but having that extra income means you could invest that into bitcoin (or in my case keep it in bitcoin) and that way you could spend your salary without worry.

I agree that money "you can afford to lose" is different for everyone.  As a teenager, I couldn't afford to lose $10K.  It would have bankrupted me and left me homeless.  Even half that much would have been life altering.  I don't think there's any exact answer, but for me personally I think money I can't afford to lose would be any amount that brings me unhappiness or costs me my time feeling bad over.  If I'm losing time thinking about a dumb decision that cost me money, I lost too much.  It helps me to think about what I could have done with the money.  If I can afford to buy a girl a drink, then I can afford to lose $20.  It also matters how you "lost" it.  I've "lost" money where it was worth the entertainment value.

I wouldn't say that Bitcoin is full of risk because it also have some benefits and we can still earn a profit with it as long as we know how to HODL. Yeah, no one knows the future of BTC but despite of it, many of us here are only positive and said that Bitcoin will pull more all-time highs. There are dumps a long the way and sometimes it can be severe but Bitcoin will always find its way to recovery.

If what you mean earlier is to be sure about our investment, well yeah we need it because if we don't then there is a chance that we will only sell it too early or sell it at a loss.

Trading what we can afford to lose is an important mindset that should be placed in our hearts because this is crypto, it's filled with volatility. Losing money is neutral in the market and there's no single trader that haven't record a loss in a trade. But to be on the safer side, I always make sure my profits covers all my losses. Bitcoin is not a do or die affair, there's new opportunities every single day of our lives. For the fact that we missed a good entry on bitcoin doesn't mean that another entry is not going to be triggered. Bitcoin is a volatility project with steadily pump and dump in the market.

It means, Let's assume, you have 100$ and if you lost them, then your life will be disturbed and you have to borrow money to face your expenses. then that money is what you can not afford to lose. So you should not invest it in Bitcoin. But, if you are a risk lover, or have great experience in risk management then it's up to you to either take it or not.

So invest only that money that if you invest in BTC and your prediction will not go as you planned then you could bear the loss and not fall prey to market sentiments until you got you to hit your exit target.

No one can assure you that investing in BTC will be profitable or not because the crypto market is so unpredictable even if you are an expert in analysis (all types). As you asked, there is no money that if you lose and your life will not be affected, No that's not true, last time one of my friends lost more than 100$ and he was chill because it was that money he can afford to lose, (note* at the start he was really in panic and worried, he did not sleep until he found a way to digest it) at the end he was chill and said better luck next time. Let's assume if he has no money other than that then he will be doomed and will be in hypertension. Like some people create this situation for themselves. Like the mentioned topics below:

• Taking loan for investment can be life threatening
• Invest in Bitcoin by selling wife's jewelry--> well i think it a bad decision for him that's why i mention the topic here.

You asked if another satoshi Nakamoto might come up in the future if that happens then I will be happy to join him in new BTC but that is so unlikely to happen because it takes 10 to make 69k dollars for BTC and if new technologies will come it has to dominate the previous one but that seems so unlikely. Trust is the main key that drives BTC and if a new BTC/SN came into the market then people will differently not trust him/her. (note*that's my thoughts)

Your English is good to some extent and i can understand what you are trying to say so it's good. use some grammar tools maybe that will improvise your writing skills to some extent that you will not need them at a point.

You may have forgotten to read the last point in my post, but I really find it strange to understand what you really mean.

The main point is bitcoin, while investment is the second point. You invest for profit, but in fact you should know that there is a risk of loss for various reasons. You must be prepared to lose financially, and you must be prepared to lose your assets forever if you don't know how to secure them. Therefore you should set yourself a reasonable investment budget limit so that if something happens to the price ^[volatility] or your wallet, then you are ready to accept the consequences. That's why "invest only what you can afford to lose".

Investments are high risk. But investing does not necessarily mean that you will lose money. If you invest in Bitcoin, you may lose your investment if the market takes a bad position, but it will never be lost. Your investment will recover only when the market recovers. And it is very well understood that if the Bitcoin market is dumping, it will recover. So it is better to invest as much as you can. But don't worry about investing it is going away at once maybe it will decrease for a temporary period.

Bitcoin is a very volatile decentralized digital currency, and as such that's why we advocate people invest an amount they can always afford to lose, so that if price movement doesn't go as plan within the expected period you don't get disappointed, in as much as Bitcoin is more profitable in long term investment.

Secondly, their is no specific amount of money that can be described as an amount of money you can always afford to lose. You know your financial capacity and it's best left for you to decide how much to risk. But, moreover, I don't see crypto investment as risk, in as much as it's Bitcoin you invested in, and not altcoins.


Just like I earlier said, it's left for you to ascertain how much you can afford to risk in your Bitcoin investment, knowing fully well it's a volatile whose price fluctuates.

Secondly, Bitcoin is a profitable investment in long term, because it was ones $1000/BTC, and value went up to $10,000/BTC and today it's $28,105/BTC. So that's enough reason to prove that Bitcoin is profitable long term.

Yes, this is a personal question that will have different answers in each case. However, I think there is no mistery or difficult on finding the correct result in each case. It's just the amount you can afford to lose: money amount you won't need later for your basic needs. Maybe the amount of money the person uses for eating out sometimes, buying superfluous goods, or just the spare money left after all monthly expenses are paid.

For some people it will be 5$, 10$, 50$, 100$, 500$, 1000$... And even more. The important is to put this money into good use.

This whole idea of savings is even unnecessarily over hyped. I wouldn't keep something like the $50 you used in your instance out of the $200 or $150 for an investment. I rather invest the whole $200 once I'm sure it's cash I can keep after my monthly expenses. Look at it this way, inflation is on the rise. Any cash kept aside as savings won't appreciate. Rather it goes down in value. Banks don't pay much interest any more. So, why keep that aside then, whether in the bank or at home? Those who do that do it because they're scared of taking risk. Nobody grows rich by saving their money. People grow rich by investing their money, and by investing big!

You indeed have a bad English but not so bad that readers may not be able to understand the things you are hinting at. More practice and one day you can be a good English forum poster. Now, to your question: I think my "invest only what you can afford to lose" is very low all because right now am not financially stable. I can afford maybe $200 and nothing more and that is why I am not anymore involved with any crypto-based program which can go bust anytime of the day.

If you have so small money, then 100x more will make you 100x times more rich. I dont understand how that can be a bad thing. Obviously you can not become a millionaire quickly if you have small money to invest, but you can have a much better life if you would for example 100x your money.
What you can afford to loose, means what you dont need in your everyday life.

As per this language or statement people do used is not a bad one but this simply shows that you may be able to withstand the pressure whenever you didn't see your investment anymore. For instance, if your salary is $500 per month and after your expenditures is being taken out from it, you are still left with about $200 or $150 for the month at this point you aren't expected to invest a whole lot of $200 or $150 inside of it rather what you would do is, to remove your savings and after which $50 or lesser is being left for you. You may now endanger the $50 every month to invest because you already created a savings for yourself and as well can be risking $40 or $50 every month to buy any fractions of bitcoin every month. This is considered as an investment otherwise you afford to lose it hoping your savings doesn't affected same principle is applicable to when your salary is below $500 or any amount.