~Snipped
But one thing really stuck with me during our conversation. One of the men said, “Young man, if you ever want to invest in Bitcoin, make sure it is money that, if you lose it, you won’t feel any pain. Only invest what you can afford to lose.”
That statement made me pause and reflect. Now I’m wondering, is this actually good advice, or are these men just being overly cautious and afraid of risk?
[...]
Whoever made that statement is correct in investment terms. As with any investment, you need to invest what you can afford to lose. Bitcoin is a store of value but there's a risk same with other assets that are close to the standard of bitcoin so you only need to invest what you're happy to lose because we have market cycles and they might invest close to the top, panic sell later and lose money. So yeah, relevant advice.
I also think there's no need trying so hard to convince people anymore. Bitcoin needed such a decade ago not now. If the almighty wall street investors that were shitting on Bitcoin are now apeing in with billions of $ daily has accepted Bitcoin, why should you have issues if some random guys can't accept it?
Best is just to focus on accumulating more and build your bitcoin bag.