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.
You should always invest in an amount that you can afford to lose. If you invest your entire amount somewhere without any analysis of your assets, then in that case, you will have to sell those investments at the moment of some important work or emergency, but investing in Bitcoin is never short-term, here you will never get good returns if you invest in short-term. Some things may happen to some people which may seem surprising to us, but you should never get inspired by seeing the exceptions of only a few people. Always give first priority to adopting your own strategy to do something better than others.