Bitcoin is not like any other altcoins or shitcoins. So attributing it with the clause, Invest what you can afford to loose is nearly disrespectful to the reputation of bitcoin. This statement also tend to refer to every bitcoin investor as Bitcoin Traders which is not true. Bitcoin traders gamble bitcoin and just like every other gambling, they can loose anything at any time. Buying to hold is the only way you can be assured of having a safe investment. Bitcoin market could fluctuate any moment and that is when panic sellers loose their money often times.
this phrase invest what you can afford to loose in bitcoin is a financial advise given to investors who are investing in bitcoin, since we don't know what will become of bitcoin in the future it is advisable to invest what you can afford to loose in bitcoin. And secondly that phrase doesn't make bitcoin investors look like traders just as I said earlier it is a financial advise okay.
This is what we usually say to those who are financially afraid to invest, Bitcoin investment is quite effective for those who can only take risks. The only ones who can invest in Bitcoin for a long time by using your investment strategy and your intelligence and investment plan are the only ones who are successful.
We are the only ones who can stick to Bitcoin investment and continue to follow the DCA method for a long time. Have you ever noticed that the more you trade, the more your DCA method will be followed, and the savings on your purchase price will be created.