Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Ruttoshi
on 26/03/2025, 12:04:31 UTC
But saying that we should invest with an amount you can afford to lose makes it looks as if we are gambling or we are trading,  this is an investment, no Investor will be happy losing his hard earned money, so in my own opinion, the right statement for such phrase is invest with an amount you can do away with for a very long period of time.
You are making the statement very complicated. Losing money does not mean that you are going to lose the money or that you will easily lose it. You can take this word to mean money that you will never need to meet your daily needs or meet basic needs. Or even if that money is ever lost, it will not affect your quality of life or you will not be paralyzed. I will not say that after investing with losing money, you will not regret it if it is somehow lost, this sentence is not realistic at all. A person's hard-earned money is always valuable and if its amount is very large, then you will definitely regret it if it is lost.

Choose money for investment that if it is lost one day, it will not have a negative impact on your quality of life. I find the definition of losing money as you have mentioned a bit confusing. According to your definition, if you need the invested money before achieving your goal, then what will you do or how will you mention it?
I think a lot of people are misunderstanding the meaning of an amount that you can afford to lose.

Why you are advised to gamble, trade, invest with an amount that you can afford to lose is so that, it's an amount that if you throw away or give to anyone, or use it anyhow, you believe that's gone and you are happy with it. Imagine some people drink beer, go clubbing most times, do drugs and many other crazy things which the money they can do away with and forget about it because it's gone.

The reason why instead of using the amount of money that you can afford to lose for gambling or trading is because, the chance of you losing it is very high compared to when you invest it. This is why you are advised to invest with such amount into bitcoin long-term  investment is because ypu would be able to continue buying and holding for long without it affecting you financially.

Bitcoin investment is not a guarantee in future that the price will continue pumping, so that if the price goes against you or bitcoin crashes which I know that the chance of that happening is very slim, you don't end up frustrated and give up in life. This will make you create othee means of income that can sustain you in future should incase bitcoin didn't go as expect, you wouldn't also want to depend only on your bitcoin investment to tap from as the only alternative in future.

However, when this little amount has piled up into something big, you will not want to lose it.