"Only invest an amount you can afford to lose."
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.
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 an investment now compared to the past few years despite it still being volatile.
Thoughts? Opinions?
Personally, I think it should don't invest what you can't afford to HODL till it moons. I can afford to HODL quite a bit for quite a while. To buttress my point, the fiat is a long term loser. The trick is not to get shaken out of a market with long term up potential. So don't invest capital that you need to liquidate short term. Cryptos are a long term proposition. At least for now. Own quality and hold on.