I agree. I think that making investments twin risks. And so in my own perspective, this advice is really applicable in anything that includes putting out of one’s possession that is valuable into something that can either be successful or not, depending on macro-environment factors. Especially today that everything, even those recognised to be going smoothly, can go wrong anytime so really invest what you only can afford to lose.

Totally agree. Now that you say it, I too realize that I have been saying this for so long, as a matter of abundant precaution, to newbies that it has sort of become natural to say.

When in reality, it is not applicable anymore. This was for a time when Bitcoin was only an experiment, institutional acceptance was nil and it was not a part of the popular culture. Now it has been cemented as one of the most important inventions of this century. It is an asset class in itself.

"Investing in Bitcoin" should in fact be seen like any other investment. Judge your risk capacity, watch the past action and then based on your best judgement, take your bets. Infact that is all that one does when buying stocks in companies.

DCA-ing is still good advice but its kindda insulting to say that "only invest what you can lose". It laughably implies that it can all go to zero. This advice now really only holds for all this other stuff like Alt-coins and NFTs. They CAN and continue to go to zero on a daily basis at some corner of the cryptoverse.

No, we should keep using this catchy phrase, but for the dollar! 

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Seriously now, due to the financial crisis we're going through, I recommend more broadly on investing. Whether that's bitcoin, altcoins, stocks, real estate, your own businesses etc., do me a favor and take care of your finances. Good times create weak men, weak men create hard times, hard times create strong men and strong men create good times. Currently, I believe we're in the last one.

Work less; learn more. People's biggest mistake, when it comes to finance, is that they add liabilities to their active income while they think they have added assets to their passive income.

At this point, I think that telling someone to get involved into bitcoin is more than just an investment advice; it's a life advice.

We are not investing for lose. We are investing for earn and lose and profit is part of every business. If you have proper information the. You only earn and if you not have knowledge then there are many chances that you can lose you money.

I'm still telling that to people personally that are asking me about investing in bitcoin and in cryptos in general. There's this worry that another heavy inflation might crash the market anytime soon so it's really necessary to invest in bitcoin.

I agree that it had became less risky right now due to many institutions that have adopted it and as well as some countries that have a positive stand towards it.

I've seen also that this time, more people are engaging into investments and their easy option is investing in bitcoin so I think it works that when we educate people, it reflects.

I think this statement works fine with me because I have learnt it via hard lesson wherein I nearly went bankrupt due to dumping all my investment in crypto, the reason why I hold this statement as true is for the fact that when we go through bearish market it will fall flat and then we will see bit green lines and we end up investing again, again it drops down thus we will end up selling out of panic if we have invested every single dime which we have, rather we need to have a calculated and well planned strategy to avoid getting into difficult situation.

I used to invest some money in HYIPs before and that is one hell of a very popular advice back then...maybe because we know that we were then dealing with pyramiding type of programs that will never last for months with the big possibility of a program just evaporating out of thin air anytime. Now, the same thing is always noted here in the cryptocurrency market and maybe it is because of the many possible risks that can come in anytime. Of course, we know that this is one market where volatility can be shocking - especially if one is into the usual or traditional investment vehicles. What mainstream media can be calling as a big crash is just normal in cryptocurrency that is why we coined the term HODL expressing that confidence that eventually the red will be replaced by the green anytime. Against the backdrop of the government using the quantitative easing technique as a push button option, many are now seeing that Bitcoin can be a big protection of wealth into the future. How many of us wished that we follow the path taken by that man who sold his house to get into Bitcoin years ago? That is, if you can afford to lose everything anytime.

Yes and no. The same principle still applies to any investment - don't go all in on just one investment or "invest more than you can afford to lose", but the risk of investing in stocks is lower than investing in Bitcoin, and so are the profits. And stock performance is at least to some extent can be tied to how well the company is doing, but Bitcoin short-term performance ignores all fundamentals. The network is the same today as it was a year ago when the price was only $10,000. Where's any guarantee that it won't crash just as fast for absolutely no good reason?

I think that's still being volatile and nothing has changed, so it means there's still a risk on that part.

As we know Bitcoin investment is good for long-term holding and educating people especially when they are new investors, this could a good and appropriate word to use.  The reason could be they think that Bitcoin investment will give an ROI after several days, so if they can't hold for a long period of time, this should be a good term to use upon giving them advice, "Invest of what you can afford to lose".

We don't want people giving their full assets to Bitcoin and hoping that it will give a huge return quickly, then suddenly there might be a shortage and pull out back the assets that having a huge loss, it should be can afford to spend.

I always suggest "Only invest an amount you can afford to lose" for those who want to join in crypto investment because the risk of losing the money value will always be there and I do not think people are ready with that. People must know about this before deciding to use their money to invest in crypto. Without knowing about the price fluctuation, they can panic when they see the price jump down drastically. But unfortunately, people join in the investment because of the trend and not because they search for more info that the investment can help them make a profit.