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.
I don’t think the concept has changed yet, you have to stay safe when investing in bitcoin, don’t invest any amount which you know if you lose it’s going to affect you. I have seen people sell their properties just because they want to invest in bitcoin, things like this doesn’t make sense, if you know you are in need of the property, don’t sell it because you want to invest in bitcoin.
Bitcoin is pumping now, and everyone is forgetting that they are suppose to stay safe, when bitcoin price movement changes direction thats when lots of people are going to start complaining about bitcoin, that’s when some will start regretting why they invested some amount of money. Some people will end up investing the money that they going to be using in few months, and when bitcoin price doesn’t pump, they will be regretting.