Over the past seven years on the crypto community, there was this general saying that always got me wondering especially many people that believe Bitcoin is the future of money, unfortunately you come across this phrase, " Invest how much you can afford to lose". I'm not always please hearing this sad saying, however it look like this concept is beginning to change for good.
Recently, i read on certain news where Michael Saylor stated, " I invested what I can not afford to loose". It simply counters those who were given advice to the prospective investors to invest on how much they can afford to loss. I think that Michael Saylor had rekindled this negative concepts as persived by many crypto enthusiast as a wisdom of crypto investments advice. What do you think? In my opinion, Michael Saylor has made the difference.
"I invested what I can not afford to loose", Michael Saylor meant to this is that he can't miss investing into bitcoin. He's telling people they should buy bitcoin and not ignore it for their future.
While the phrase "invest what you can afford to lose" says don't invest too much on something you don't completely understand. All investments has risks so only put a money that won't give you stress if things don't go well in the long run.