Quote from: Theupdude on Today at 11:36:10 AM

Saylor’s statement definitely flips the usual advice on its head and I think it reflects his deep conviction in Bitcoin. But at the same time not everyone has the same risk tolerance or financial cushion what works for him may not work for most people. I think the original advice still has value especially for beginners who are just getting into crypto but yeah hearing someone like Saylor go all in does make people see. Bitcoin in a more serious long term way so maybe it’s not about replacing the old advice but understanding where you stand before choosing which mindset fits you

Exactly he set the trend for saying that I only buy Bitcoin with money I can't afford to lose and that shows his long term belief that Bitcoin would deliver good result on their investments made for this coin.

That ideology is really good especially for long term holders doing the same thing as him.

Those invest what you can afford to lose thing is applicable on trading and other risky type of activities which gives them huge risk to lose money. So people should think about what type of investor they are and provably they can figure out about what are those things that better to follow.