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.
If you don't have money like Micheal Saylor, don't do like them. He is a billionaire and owns a company with a working shares that generates his company millions of dollars and I bet you have known. Not only that, he also has other establishments. Another reminder for you Micheal Saylor doesn't own all of the Bitcoin manage by Microstrategy but as a Ceo, he lead while crowd follow the things he says and don't forget that he is now influencer because of the amount of Bitcoin they own.
If you are investing in Bitcoin, do it with an amount you can afford to lose, it's not like you are losing your money investing in Bitcoin but it's a financial advice so that people don't go borrow money that is not theres to invest in Bitcoin and if Bitcoin doesn't go well, they see it as a failure. When you invest with the amount you can afford to lose, your investment doesn't cost you fear, anxiety of any unforeseen circumstances, that's what that phrase is all about and not like a death threat investment.