I appreciate everyone who has contributed. I have learnt one or two things from each of us.

There is something that has been rolling in my mind. From various books I have read about investment and risk, the authors often say, "The higher the risk, the higher the return," but none of them encourage fast money or get rich quick schemes.

One of the teachings of Dr Olumide Emmanuel, a pastor and business mentor, is that anyone who is coming up financially should save and invest first from their regular income, not save or invest what is left after spending. I.e one should invest aggressively from one's earnings  before spending if ones want to beat poverty.

Now here is my personal thought: if we always say, “only invest what you can afford to lose”, then we may never really aim for greatness.

For example, I once learnt that Dangote took loans from 25 commercial banks to invest in his business. Does that mean he could afford to lose all that money? Definitely not. Before he became Africa’s richest man and before he invested billions into his refinery, he was taking major risks. Could he afford to lose everything? No! But he was ready to take bold steps.

So here is my suggestion: And I may be wrong or right; I am not encouraging anyone to borrow to invest in BTC, but this is how I see it:

One must clearly understand what they want to invest in and be genuinely ready to take the necessary risks. If we only invest what we can afford to lose, then the returns will likely be small, even if the investment turns out profitable.

I also learnt that many people have become millionaires through Bitcoin; individuals like Roger Ver and Erik Finman, for example. Although it took them time, I am not sure they only invested what they could afford to lose.

Again, the principle remains:
The higher the risk, the higher the return.
The lower the risk, the lower the return.
I would like us to look at this issue from my perspective and share thoughts