"Only invest an amount you can afford to lose."
Probably one of the most common pieces of advice I've heard when it comes to investing in bitcoin, and I've used it a lot of times too. But honestly, in our current situation where fiat is getting printed like hell, I started to use that statement less and less. It just seems that holding bitcoin is now totally necessary.
Don't get me wrong, we should still be heavily educating people when it comes to proper investing in general with DCA-ing and probably not going all-in on one go and stuff, but I think bitcoin is a lot less risky of investment now compared to the past few years despite it still being volatile.
Thoughts? Opinions?
I still apply the same advice because no matter what we think of crypto, it's still volatile and has risks so I would rather invest the money that I could only afford to lose so I wouldn't have regrets in the end. If we'll put all our assets in crypto without thinking about the risks, it might affect our current financial status, or worse, we might have losses that would have a huge impact on our financial stability.