Probably one of the most common 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
I'm now in that situation. Currently dealing with the risky investment. The amount I put is not the money I can't afford to lose that's why as much as possible, I'm keeping my hands active at it. Putting only an amount I can afford to lose does mean that I'm willing to lose that amount. I don't like that investment mindset as it's just treating my investment as gambling which should not. Every piece of money I put on crypto should be treated seriously.