Over the past seven years on the crypto community, there was this general saying that always got me wondering especially many people that believe Bitcoin is the future of money, unfortunately you come across this phrase, " Invest how much you can afford to lose". I'm not always please hearing this sad saying, however it look like this concept is beginning to change for good.
It depends on how you try to understand it and of course this concept is much more ideal to apply because when talking about life you are not only struggling with investment but how to try to adjust to the financial value that we will spend at any time. If the ability to make money at $ 500 every month then it may not be ideal to invest all of it even though we consider bitcoin to be one of the best investments.
So what is needed is to adjust where the needs are met and investment can also be done optimally. Thus we have made adjustments to the process of life's journey with the percentage level of investment that we are going through.
Recently, i read on certain news where Michael Saylor stated, " I invested what I can not afford to loose". It simply counters those who were given advice to the prospective investors to invest on how much they can afford to loss. I think that Michael Saylor had rekindled this negative concepts as persived by many crypto enthusiast as a wisdom of crypto investments advice. What do you think? In my opinion, Michael Saylor has made the difference.
Remember one thing that Michael Saylor is not the same as us and what he says may not be in line with the lives of many people. He could have invested all his money but at some point he had a reserve fund to cover the expenses he needed to live his life. We will never be the same as this person so without making adjustments is the same as going against the concept of life that we can be accountable for.
