Utilities isn't the end, if you are smart then you should know that it's just the beginning, just because many are advicing you to invest in coins with good utilities doesn't mean once you find one it's a home, remember that even after a good utility the success of the project still depends on the team and dev capabilities so invest only what you can afford to lose
Thats typical. Most users are not basing on the use case hence on the price itself. People should start taking this into account. More people are following some fool on social media and when they realize that they invested on shitcoin they end up losing money instead of gaining. 
Topic: Invest only what you can afford to lose still (Read 273 times)
Utilities isn't the end, if you are smart then you should know that it's just the beginning, just because many are advicing you to invest in coins with good utilities doesn't mean once you find one it's a home, remember that even after a good utility the success of the project still depends on the team and dev capabilities so invest only what you can afford to lose
Well, when it comes to investment in coins, bitcoin still stands out as a coin you can trust but in order to make profit, it all falls down to your investment plan. You ought to have a plan that isn't stiff but flexible to adjustment due to the unpredictable nature of the market. You have to be ready to wait a long time should the market be experiencing a bear market or when your desired profit haven't resulted. Should you be a trader, its about your experience with the market.Taking a page in altcoins is where it becomes really difficult because, there are a lot of shit coins and as such, the liklihood of being met by a scam project is almost certain. In anyway, the investment rule still stands. Invest only what you can afford to loose. Its the closest way to safety.
If you are talking about crypto investment then you must have to follow the lines "Invest only what you can afford to lose" even if you invest in Bitcoin. Because anything anytime can happen in crypto. For example if suddenly dump BTC And you panic sell all BTC then You will lose. And if this happen twice or more then you could lose all the capital.
A lot of people do not know that and will invest huge money in crypto without having knowledge or seeing the strategy and also before they realize they will lose their entire capital. So i must say as investment it is risk but if you are experienced it is only good as long as you can handle the risk. Crypto makes a good alternative investment vehicle for those who like to play both ends of the market such as long term or short term investors.
Utilities isn't the end, if you are smart then you should know that it's just the beginning, just because many are advicing you to invest in coins with good utilities doesn't mean once you find one it's a home, remember that even after a good utility the success of the project still depends on the team and dev capabilities so invest only what you can afford to lose
Investing in what one can afford to lose is a good strategy for investors especially for investors who are new in the cryptocurrency world. succeeding in Investment is about understanding. One needs to understand him/ her self very well . Don't so what is bigger than you. Don't take risk that is bigger than you.
These lines are very important for the crypto investor. Because there is a huge risk available. Anything can happen with your crypto asset. When any of my friends want to make an investment in crypto I tried to explain this line. I also add '' Don't Put All Your Eggs in One Basket'', It's also very important. Whenever anyone buys any coins, he needs to buy some coins instead of one coin. Most of the new crypto holders do this mistake.
Utilities isn't the end, if you are smart then you should know that it's just the beginning, just because many are advicing you to invest in coins with good utilities doesn't mean once you find one it's a home, remember that even after a good utility the success of the project still depends on the team and dev capabilities so invest only what you can afford to lose
Yes this is what I have been doing so far. Of course I’ve lost a lot of money into cryptos and NFTs, estimated more than six figures in Philippine peso. But since I can afford to lose those amounts, I didn’t grieve much as I already sustained my finances.
I didn’t quit my job, still making money from various gigs, participating in airdrops and bounty programs, etc., which helped me sustain myself while dealing with losses in crypto and NFT projects that aren’t successful.
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If you are talking about crypto investment then you must have to follow the lines "Invest only what you can afford to lose" even if you invest in Bitcoin. Because anything anytime can happen in crypto. For example if suddenly dump BTC And you panic sell all BTC then You will lose. And if this happen twice or more then you could lose all the capital.
It is truth, with my little experience invest only what you can afford to lose. It happened to me when I Started to invest on some altcoin, I invested a lot into altcoin at that time, I used all my money in my bank account.
After I bought the coin one month later the coin started dumping before I know the coin added one zero and also added one few months later, this is how my 300usd become 3usd. I have no hope again because I am student that how I started to borrow money around. I am so ashamed of myself and I started to regret why I invested all my money not what I can lose
After I bought the coin one month later the coin started dumping before I know the coin added one zero and also added one few months later, this is how my 300usd become 3usd. I have no hope again because I am student that how I started to borrow money around. I am so ashamed of myself and I started to regret why I invested all my money not what I can lose
Basically, invest anything that would not affect your day to day life., That would be sound advice for any spending, only spend what you have left over. In the last cycle, people were mortgaging their houses and for a lot of them it did not turn out that good. Investing is unfortunately not for anyone, you need to take care of your needs first.
Well, yes, yeah, following this advice, perhaps it would be better to clarify the coin that is worth believing?
The OP is not talking about bitcoin, I would not be so self-confident. That being said, the topic is for beginners. You can imagine how today's newbie, having seen all the promises of the developers of any new coin, and replacing their photos with famous people in the cryptocurrency space, will start investing in this project. People will lose everything. This is known in advance.
At the same time, how much do you need to have that is not a pity to lose?
It's all a pity for me. Therefore, to invest somewhere once, you need to find out a hundred times whether it is worth doing,
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today fiat is more recognise that crypto, maybe this will change in future
It certainly will, you just gotta give it time. The future is digital and btc is getting more recognized.
Before you invest in anything, you need to know how much money you will use because that is the important thing that you should determine to minimize the risk that can happen in the future.
You do not have to invest because someone suggests you buy the coin, but you must research for more to find if that coin is good for you or find the other coin.
If you want to invest in a coin because you want to profit, you should search for the right coin to buy and hold.
But if you want to invest in the coin because of the utility, you need to research for more but that will need long before you can profit from the coin.
You do not have to invest because someone suggests you buy the coin, but you must research for more to find if that coin is good for you or find the other coin.
If you want to invest in a coin because you want to profit, you should search for the right coin to buy and hold.
But if you want to invest in the coin because of the utility, you need to research for more but that will need long before you can profit from the coin.
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Yeah right, the psychological and emotional stress of losing a large amount of money, I have been there myself. But it is not the end of the world, what doesn't kill you make you stronger hahaha. After all, investments involve some degree of risks, just use caution in investing decisions and watch out for fraudulent digital asset and crypto trading websites. 
If the team can't handle a good marketing the project will drag on its knee and the interest might even be affected on the long run, as for fiat money it's still very much useful because to buy into any token and coin you still need some Fiat, today fiat is more recognise that crypto, maybe this will change in future
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Fiat money is still the safest asset you can have because it is backed by government and it is still the legal tender that is accepted in all types of businesses. Those people who prefer bitcoin over fiat, I admire for their courage to invest all, though bitcoin is the most successful and the largest cryptocurrency in the world but it still not declared as legal tender except in El Salvador and we know bitcoin has a volatile value. While I agree with you that there is nothing bad on investing the fiat money that is resting in your bank account, just enough that will surely can't affect your living expenses.
Many projects has surfaced and it's even more difficult this days predicting which coin would do well in near future and how long the project would last. All this depends on how much the developer invest in seeing their project thrive. Wisdom the say is profitable to direct. Cryptocurrency investment is not ponzi and it's not a gambling sector. For this your risk management appetite and money management scheme will go a long way to reduce losses.
In most cases some projects comes alive after a long time which could take years this where investing what you can afford to lose play in. This will help you forget about a particular amount invested in a project even when it's experiencing a dip.
In most cases some projects comes alive after a long time which could take years this where investing what you can afford to lose play in. This will help you forget about a particular amount invested in a project even when it's experiencing a dip.
Use case of a coin is one big factor why it's going to be successful. Those projects that have been implementing their coins or tokens with a use case, they're the ones that dominate in the market. But let's all agree that these use cases are becoming just one factor when it's tradable on a bigger scale of its market.
Despite having a use case if most investors are trading and won't be going for the use case, it's still another measure of a project's success despite most of its investors are staying to become a trader and investor and won't be pursuing its use case.
True to it that not all of projects that are promising with use cases proposal are succeeding.
Despite having a use case if most investors are trading and won't be going for the use case, it's still another measure of a project's success despite most of its investors are staying to become a trader and investor and won't be pursuing its use case.
True to it that not all of projects that are promising with use cases proposal are succeeding.
Liquidating necessity asset just to invest it on coin that's high risk is not really investing. It is more on gambling and I saw this kind of story on social media.
No complain about gambling not investing.Quote
This people are those lunatic that keep complaining on a startup project for every negative percentage on the token value. It's not necessary to invest only your spare money because you will not gain enough profit if you will only do that since this not gambling.
Investment in a startup project is risky and investors have to be aware of this risk for their investment. If they are not aware of risk, they are only gambling with their capital.Quote
Investment is a serious matter, You should consider allocating a proper amount on it so that you can be successful on gaining good profit but if you are doing it just for fun then investing only a spare money is your best option.
To invest, they have to do research to get information, verify it and make their assessment about that project. It is not easy. The fact is most of people invest after they read or hear about a startup project from media. They don't do their research and believe in what they were given on media. It's gambling. copper member
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Basically, invest anything that would not affect your day to day life., That would be sound advice for any spending, only spend what you have left over. In the last cycle, people were mortgaging their houses and for a lot of them it did not turn out that good. Investing is unfortunately not for anyone, you need to take care of your needs first.
Liquidating necessity asset just to invest it on coin that's high risk is not really investing. It is more on gambling and I saw this kind of story on social media. This people are those lunatic that keep complaining on a startup project for every negative percentage on the token value. It's not necessary to invest only your spare money because you will not gain enough profit if you will only do that since this not gambling.
Investment is a serious matter, You should consider allocating a proper amount on it so that you can be successful on gaining good profit but if you are doing it just for fun then investing only a spare money is your best option.
Basically, invest anything that would not affect your day to day life., That would be sound advice for any spending, only spend what you have left over. In the last cycle, people were mortgaging their houses and for a lot of them it did not turn out that good. Investing is unfortunately not for anyone, you need to take care of your needs first.
I have read this several times in this forum the golden investment rule to invest only what you can afford to lose. It is to protect your assets from risk and volatility and also your heart from breaking because of regrets.
If you do not invest, then likely you have a depreciative asset which is called fiat, investment is risky but it depends on the coin that you choose, there are thousands of altcoins and many are shitcoins and very risky, that is why it is best to just invest in bitcoin. Do you know some people prefer bitcoin to fiat and that has grown their wealth till this day. I do not think there is anything bad to make use of the fiat you are not using but resting in your bank account for months or years, you can invest such fiat in bitcoin. It should goes like this, invest what you can afford to lose if you want to invest in altcoins whiles people should consider many altcoins as gambling because success can be the outcome while it can still be otherwise which is also very likely. Also it can go like this, trading is risky, it is good to only use the amount you can afford to lose to trade because people lose more than gain. But for bitcoin, I see nothing bad to invest your fiat in bitcoin rather than letting it depreciate with government control over it.
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