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.
Is he really the best example to say this? He is a rich man. CMIIW but wasn't he already rich before he even got to bitcoin? He has higher tolerance for risk compared to most of us. I know bitcoin has been so exceptional that people think we should just throw everything to bitcoin no matter how risky but that would not help and soon you will just destroy your own investment.