The key is make sure you're only invest amount that you can afford to lose and you will not touch it, many people are really focus to invest all of their money and then after few days or weeks they will ask "should I sell my coins now for urgent needs?".
If you lack of money and live from paycheck to paycheck, it means you need to find a high paying job first.
Right. Bitcoin still has a lot to offer but we should not risk money we cant afford. Take your time to learn and earn the money to invest in BTC and youll get there. Only investing what you can afford to lose helps mitigate potential financial strain and building a financial safety net and focusing on stable income sources are wise considerations before pushing into more volatile investments like btc. It's essential to strike a balance between investing and meeting immediate financial needs.
Bitcoin is truly a game changer in the world's financial system and it's a valuable asset for investment. So if it's all these why invest only what we can afford to loose? I think that this phrase relegates bitcoin to " shitcoin", because something valuable should not be invested with leftovers that we can afford to loose. Instead we should invest certain percentages of our income, just as we budget for our other needs. Except the individual that barely earns enough to meet his basic needs.
Because we trust that bitcoin will outlive us, and it'll continue to increase in value to guarantee future profitability. We can invest something tangible.