An amount that is to be invested in Bitcoin shouldn't be an amount that is meant for other things because there will also be needs in the family that's why one should have s spare money that should be used for investment only, coming to the forum there has been a popular saying that one should invest with an amount that he or she is willing to lose not just because the investor is losing the money but because it will help the investor not to put so much trust in the amount because it will not be helpful to his mental health. Always have an amount set aside for other things and don't use all your money for investment it will save you the stress of running around to pull out your money when there are emergencies in the family. Have a stable source of income if you must be a good investor and know the amount to use for your investment.
Yes, in order to invest in Bitcoin one should not invest more money than one can afford to lose. Now if you invest more money than you can afford to lose then it will be risky for you to hold the investment for long. If you invest with what you can afford to lose then you don't need to sell bitcoins for urgent needs. Besides, money should be saved for emergency use.
Now I never invest more money than I can afford to lose.Investing with an amount you can afford to lose? No.
Who would want to be investing in something he is not certain off?
Or are you trying to say that it's very much important to invest an amount of money you can do away without for a very long period of time?
Know the difference between these two statement bro.
Though we live in a world full of uncertainty, but no body would want to invest his or her money in something that is 50/50. Bitcoin investment is not gambling bro, but in my own opinion the ideal word you should be saying is invest only what you can do away with in a very long period of time, so that you wouldn't fall back to your investment when in serious financial needs.
Now how do you recommend me to invest? Now I believe Bitcoin is definitely profitable to hold long term (but there is some uncertainty, where there is some risk? But you can't guarantee 100%. Now I can't invest more than I can afford.
Now I should not invest all my money, because everyone has a family and has to spend for the family. Besides, a separate fund should be set aside for emergencies, as danger may strike at any time. Besides, everyone expects a bear market to start in 2026, so can you be safe with all your money invested? So I invest in DCA method as much as I can afford to lose. Now I don't focus on the price, I prefer to buy bitcoins at any price. I started investing with a long term plan. So I invest as much as I can.