In every investment, crypto or not, it is your responsibility to do your homework before jumping in.
So even if you can afford to lose such money, it is always advisable to learn about what you are going into.
Because this will give you insights if you are going into a profitable market or not, or has the probability if the market will have positive returns.

Well.. i think this is a kind of 'comfort doctrine' for new users looking to get into Bitcoin. We all here surely don't know the individual risk profiles, and using  'invest what you can afford to lose' is a way to manage the expectations of Bitcoin buyers, so they don't expect too much... but in reality, Bitcoin moves more aggressively up and down. If the price goes down, BTC buyers shouldn't worry because the potential loss is small, while if it goes up, it will definitely exceed their expectations.

People who've been buying Bitcoin for a while already understand and pay more attention to it. Even those who are familiar with Bitcoin will invest more than initially thought, because they know there's no issue with that.

Meanwhile, 'invest what you can afford to lose' is just for those who don't yet fully grasp it or newbie who want to start the journey.

It is always advised for every investor that you invest as much money as you can afford to lose. This word is very small but its importance is great. By this word a new investor is made aware of investment caution. This is a very important point for every investor. One should always invest with extra money because if the money is ever lost due to investment and if the loss is not recovered in time then the impact of the loss should not be on the investor. Investing on loan or investing with all your savings should never be done.

Invest in what you can afford to lose is just a way of telling you to invest an amount you are sure you don't need anytime soon, it's not like you are investing an amount to be forgotten but putting an amount you know you will not need anytime to soon is the best way to go. Oftentimes without numbers, we have heard, read and reported cases of people selling their belongings to buy Bitcoin, taking loans to finance their investment into Bitcoin and the times they do this is when there is euphoria in the market, they get excited by the gree candles and pour everything and expect the result of someone that has been holding for 5 years, and when bitcoin makes a correction, they make an unrealized loss. Now, with this tragedy how do you think they are going to get back their money to repay the loans they took to invest in Bitcoin? I hope you have seen a bigger picture of why they say to "invest in only the amount you can afford to lose"



You need to know something but first let me ask you. If you are blessed with a million dollars today, can you risk it all and invest everything in Bitcoin? I doubt but if it's another person, he will do it without shaking; that's the amount the person can afford to lose but you can't do that because that amount is too precious for you to invest everything in Bitcoin when you have other primary problems to solve, amount to invest is subjective to individual pockets.

Whether you pick dollar cost average or buy at a spot, you still have to think before doing that, you need to decide if the amount you are using to buy is riskable from your financial status so that tomorrow, you don't wake up and be having doubts about your bold decision to buy Bitcoin.

What I meant by the focus should shift was simply that when your main objective are to hodl for a long term, you shouldn't be the type that is scared of loosing their investment because over time, your investment will continue to accumulate.thuogh you might encounter some loss due to some dips and the market volatility, but you shouldn't focus more on little losses.

When you invest in Bitcoin, make sure you're using money that isn't crucial to your life, and be careful not to lose it. Nobody wants to lose their investment, so it's important to be cautious.

An investor must overcome his fear of investing because he should already have calculations before investing. That is why if someone wants to start investing, he must know the risks he will face to know how to overcome them.
A bitcoin investor must be able to maintain his focus on surviving in the long term and not worry about price movements that occur in the market.
He also doesn't mind the volatility of the bitcoin price, which is constantly changing. He can use the volatility to his advantage so he can keep accumulating more bitcoins.

The holding strategy is to remain calm in every situation so that you can find gaps that can be used for your benefit. However, it is natural for an investor to feel panic if they see a sharp decline in the price of bitcoin. But with his experience and ability, he was able to overcome his panic and find the right time to buy at a low price.

Well, the phrase "invest what you can afford to lose" would actually be applicable to people who are just starting to invest and as well to people who are not that financially stable as they need money to provide their essential needs, so they are not that ready to risk the funds they have cause it would go to straight to their needs. As they gather more experience in the crypto industry, they would also adapt that investing is much better than saving your money in banks, especially the spare amounts of money. That's the time the phrase "invest what you have" cause for the long time Bitcoin has existed, it doesn't really disappoint as it gives people a source of money and also avoids inflation. Because investment really involves risk, if you don't overcome the thought of losing money, then for sure you would stay in the phase of the average investor in this industry. IF you want to play safe long-term investment would be the best option until it reaches your target selling price.

When I first started learning about bitcoin, and heard about the phrase " invest only what you can afford to loose" i became aware that bitcoin is a very risky asset to invest in. I even likened bitcoin to gambling, because i know that to have a  right mindset to gamble means that you'd need to only bet the amounts of money that you can afford to lose, because of the major factor of gambling which is luck. Now that my knowledge of bitcoin has increased, i know that it has it's risks because of it's volatility, but it goes beyond luck to make profit in bitcoin. You have to understand how it's market supply and demand works, all other determinants of bull and bear runs, so with all this in mind, bitcoin should be an investment that guarantees profitability if the investors have accurate knowledge of the market dynamics.

We're expecting bitcoin halving by next year, after which ATH is expected to follow, and the energy is very high that it'll be a major bull run for investors to cash in heavily. I've even heard in this forum that people should get a second job to earn more in order to buy more bitcoin to hold in expectation of the coming bull run. So the question for me is if we should invest only what we can afford to loose, then what is the need for all the excitement about accumulating enough bitcoin to hold in anticipation of the coming bull run? For me it clearly shows that we're gradually passing the stage of that phrase, because so far as you actually have the correct knowledge of how the bitcoin market works, it's safe to invest more than what you can afford to lose.

Yes, of course we must have an optimistic mindset in investing in Bitcoin and if we choose to invest using Bitcoin then we must be able to understand it well so that we can use money that we will not use for other purposes so that it will not interfere with our investment do.

I agree with you, no matter how good the security is, investing in Bitcoin certainly has high risks, so it is very important for us to understand it well so we can control ourselves in making investments and don't let us use loans to invest and of course that will be a problem. for ourselves, because of significant price movements, nothing can guarantee that we can make profits easily when investing.

Yep, beyond any doubt, the holding strategy is one of the most secure as well as professional ways to gain profit.
Lol! Hodl means, in its full form, Hold On For Dear Life. But it is claimed to be perfect for us if we want to work calmly and thoughtfully in Hodl. Because, as I mentioned above, holding means to stay calm by taking the investment. Hodl in Bitcoin means to invest in Bitcoin and, by holding, when you get 10x or more profit, then sell out your assets and earn profit.

Your point is right, but it is based on the fact that a person feels fear when he sees a decrease in the return of his investment. It means he is afraid when the price of his invested assets decreases. But the reality is that if you have developed competence in the analytical hold of volatility, then no one can be a better investor than you because you have learned to do the work that is the goal of the destination.