Bitcoin investment is risky just like any other investment but the risk is lesser and if you invested with a discretionary income, there is no need to think about the risk that is associated to it again since you can bear any aftermath of what comes out from your investment if things peradventure goes wrong
You thought wrongfully about it.
Invest what you can afford to lose is a very classic advice and by invest your discretionary income, you do your capital management better. Risk is risk and it is nearly the same for your investment capital, and if you picked a wrong cryptocurrency for investment, you will have same 80% loss of your initial investment capital. It's not matter that your initial capital is $100 or $1,000, it gives you same -80% ROI, that is insane and painful.
By having better financial and capital management, you control and reduce risk of things beyond your investment better. Like you never let your monthly spendings or emergency forcing you to sell your bitcoin at lost prices.
What we’re emphasizing about here is just a simple scenario which is practical to do with all investments and Bitcoin as per say, There is always risk associated to all investments, poor management of our Bitcoin portfolio can be a disaster for us, You can always try to control the risk involved to make investments but what really matters is how we’re able to control our expenditures and what we are ready to invest and loose it doesn’t affect our Bitcoin investment, that is why people always advice that invest what you can loose and most importantly don’t be profit Orientated, we should never hesitate to stay away from this altcoin which have the tendency to discouraging us from building a successful portfolio.
Perhaps we should also know that Short term traders stands more risk of loosing there money, because they will be thinking they are making profits while they are loosing so much money and not knowing what is happening, so bitcoin if you don’t follow the right strategy you stand more chance to be vulnerable to risking your money, that is why it is always emphasized here to keep accumulating for a long term purpose and not for a short term profit. Bitcoin is better to accumulate and hodl, then you can maximize the level of risk involved, which I must say there is no much of that comparing to a short term traders.