Original archived Re: Has this concept changed? " Invest how much you can afford to lose"
Scraped on 05/06/2025, 15:20:58 UTC
Recently, i read on certain news where Michael Saylor stated, " I invested what I can not afford to loose".
This is good and works for educated people like him who are strong holders. It does not work for retail, who start panicking after Bitcoin drops 5%. A common sign of a retail investor is someone who buys high and sells low, so this approach is not for them. They should stick only to the old invest how much you can afford to lose.
I do not see anything wrong with investing what we can afford to lose. This simply reminds us that there is always risk involved in investment. There are cases where investment flops so investing what one can afford to lose in an investment that flops saves him a lot of headache since it will not affect his daily lives financially.
That's why the person who goes into BTC should first learn much, only then - invest what he can manage properly.