Post
Topic
Board Economics
Re: Why you should use spare money to invest
by
mvdheuvel1983
on 05/06/2023, 16:43:08 UTC

Is better to use small money or learn risk management first before investing especially newbies.

There's spare money that is small money and there are big monies that are also spare money. What if I have have small money that is not spare money since the risk is low I can still go ahead to invest in Bitcoin. Because it is small money and it is something I can afford to lose despite it not being spare money. If I have big money that is spare money but I cannot afford to lose all at once. The best way will be for me to divide the money into smaller sums/amounts and invest in Bitcoin a given time of my choice.