Re: Buy Buy Buy or Sell Sell Sell?

I think you are a little bit confuse here let me put you through investing what you can afford to loose is not an investing strategy rather it is an investing advice given to investors both New and old to invest in bitcoin with what they can afford to loose, because there no guarantee that your bitcoin investment will be successful so returns are not guarantee, since nobody knows what will become of bitcoin tomorrow, that is why it's advisable to invest what you can afford to loose in bitcoin.

It is one part of your investment strategy because you need to have something for cooking, here investing.

You can not invest if you don't have investment capital but how you get the investment capital is important. It's more important to know that what you have after you spend money for investment, like whether you have emergency fund, and at least enough fund for your spendings. It's about risk management of your finance in general and your investment capital in specific.

If you invest what you can not afford to lose or invest all money you have, you have bad financial management, terrible risk management, and they are all terrible parts of your investment. With two bad pieces in your investment strategy, you have lower chance to succeed with investment.

Bitcoin investment is not gambling where you begin to speculate how much you should afford to lose while betting, such remarks should be made to gamblers and traders. From the inception of Bitcoin, in fact those that invested in Bitcoin and took the risk are today bubbly in their investment growth. Investment with your discretionary income is what should be advocated and not make it sound like investment in Bitcoin is a risky investment that you invest what you can afford to lose, have you ever seen anybody that has invested in Bitcoin and has been patient enough lost his investment? I believe your answer is no.

This is a clear point and should be written on every golden plate. Bitcoin investment is not gambling, bitcoin traders are the proposers of that clause of "investing what you can afford to loose". The use of discretionary income doesn't mean you're about to loose any income, it allows you leave your investments for a long term. Bitcoin is to be trusted and allowed for long so that there will some exponential increase.

I disagree with you, because it was not only because of traders the clause " use what you can afford to lose", because both trading and investing need or have to be done or carried out moderately, which means that one don't have to stretch themselves beyond how they are suppose to stretch because when you do that, you will definitely get stretched out ( teared) so don't get it twisted. Yes, using discretionary income doesn't mean you are about to lose any money and that is why it is a money set aside only for investment after keeping your emergency funds, reserve and back up funds, the discretionary is a cent from your source of income and that cent have to be a money you can afford to let go without been disturbed in anyway.

Totally situational because if we do speak about into that amount on which isnt that included into those standard allocations on which you have been setting out then not all will be having that. Most of the time once that we do partitioned out our income whether came from our day job or other income source then everything is already been set or allocated on which leaving no other extra money. Somehow if you are that eager on trying out to invest into something on which you dont like for your emergency funds or savings fund to be that used or be that affected then you will be doing your best on trying out to squeeze that there's some amount that you can make use on which same as said that you wont be bothered if ever it turned out to zero or total loss. Some people are risks takers on which they do make use of their life savings or emergency funds. Actually there's no wrong with this as we can see some opportunity but always reconsider out that risks is always there.

Buy and hold up for long term if you do want it and sell out at the time that you are convinced with the profits. Each one of us does have that target and priorities and thats why decision be made will vary.