Quote from: ShowOff on Today at 08:49:55 PM

Quote from: GeorgeJohn on Today at 08:07:09 PM

From the initial bitcoin price has not be stable or have a record of continuous acceleration in price, it always fluctuating in price and that makes some of the investors to portray that we should invest what we can afford to lose, so therefore the dumping in price of bitcoin is not a new thing we can say its a new thing, when bitcoin falls in price theirs every tendency that the price of bitcoin will get accelerated, so therefore I believe that bitcoin is a technology that deals with what we can label as rising and falling market, when some of the investors is opportune is when they market profits in cryptocurrency investment and especially when their investment happened to be long term investment

The bitcoin price is always fluctuating so people need to consider the “only invest what you can afford to lose” advice. That advice is quite sage given the high volatility of crypto trading, but for anyone who is able to understand how the crypto market works over the long term, then they are a winner. There are many long term holders who get returns many times their invested capital, it is very tempting but of course they are quite capable of surviving ups and downs.

Maybe we are easy to say but not easy to practice. Risks always haunt but at least they have to be experienced enough to adjust. I've set myself up to be a long-term holder instead of taking short-term profits, but of course I've adjusted this investment budget within an amount I can afford to lose.

When I was new to crypto investing, this was the method I usually followed. The saying "invest as much as you can afford to lose" gets forgotten after a while. Someone who trusts Bitcoin and says they won't use their own money for a long time will invest more than they can afford to lose. Someone who starts investing regularly will also invest more than they can afford to lose. This is usually the case. Because when they buy small amounts of crypto, they don't care much about the money, but these small amounts grow over time.