I think people should start seeing the phrase that one should invest what one can be able to lose as old fashioned which doesn't portray bitcoin. Instead of that we should try to acquaint ourselves with this, one should invest money that you ain't gonna need for a long time, like 4 years and above. I find it difficult to still believe that any money invested in bitcoin can be lost totally, provided that the investor doesn't sell of his position when there is decline in the market. Let's see bitcoin as one of the greatest invention that has ever been known to humanity, and it has come to stay. Can you imagine the world now without automobile? The answer is no. But when automobile was invented people talked down at it, instead they were comparing it with horses, and many people believed that it will fade away someday.
But from that time till now it hasn't, instead it has become one of human most needed asset. So people who are still thinking that one should invest what one can be able to lose in bitcoin, because they are still not sure if bitcoin has come to stay or not are getting it wrong and they are missing the chance of buying enough bitcoin at this cheap price with money they ain't gonna need for long time, because they don't want to invest more than they can afford to lose. Bitcoin will only go away if the internet goes away and imagine that kind of world without the internet.
I also wonder why some people always say to invest with money that you are ready to lose. In fact, if you look at the price of Bitcoin, it continues to rise and even returns a greater ROI than gold. People should see the facts about Bitcoin since it was launched until today that Bitcoin is very good to invest in so that they will no longer say to invest with money that you are ready to lose.
I think beginners should read this article where it is explained that Bitcoin has become an asset class that is worth holding because of its fairly good performance every year. In fact, Bitcoin has performed better in 8 of the last 11 years.
Source :
https://www.vaneck.com/us/en/blogs/digital-assets/the-investment-case-for-bitcoin/