Saving in fiat does not mean that you have been scammed by the government, all these are personal financial decisions

Nevertheless, when it comes to saving money, wether or not you should save in Bitcoin is depending on how long you want to save, if it is a short term saving like for an item (car, house rent etc) I will actually support saving in fiat, because it stable, but if you're saving is for a long term then yes you should definitely save in Bitcoin because the value increases with time.

At first, you can afford to invest in Bitcoin and later decided to sell even when it is already at loss as the market may fall after you invested, this is why every investors must have the intention of holding and a separate fund stipulated for that.

Also, what they mean in this content is not even maybe directly to Bitcoin in some cases because some investors consider altcoins and later end up losing.


Any investor that knows what he is doing should be able to maximize every opportunity with bitcoin investment for his profitability, and one of the ways we can use to achieve this is by DCA strategy you just mentioned among others.

Yes, Bitcoin offers a strong structural hedge against fiat, but its volatility requires investors to exercise disciplined risk management. I think the thrust of your statement touches on two fundamental debates in the financial world, investment risk management and Bitcoin's role as a hedge. In my opinion, the reason why the saying only invest what you can afford to lose is considered a lie is that if investors only risk small amounts of money or what they can afford to lose on high-risk assets, they may miss out on potentially large profits. However, on the other hand, risking too little will not change your finances significantly, but risking too much can destroy your financial future.
Although it functions as a hedge, Bitcoin is not a risk-free asset. Bitcoin could fall drastically from its highest peak. A market value drop like this would be psychologically disruptive for many investors. Although I don't expect this to happen, it is not impossible for this scenario to become a reality if something worst happens.

Bitcoin being the future money s not just about technology itself, it about a change in the mindset of persons on how to store value.

Fiat currency reduces value over time, as a result of fiscal policy regulations, as actions like printing more currency alone can cause devaluation, not to mention the vulnerability to inflationary trends, but with Bitcoin, because there would ever be 21 million BTC, it is popularly referred to as digital gold.

Of course savings in Fiat can bring an illusion of stability in the short term but in the long run devaluation will creep in, but Bitcoin volatility may threaten in the short term, but in the long run it's scarcity can increase value.

In conclusion, don't save in something that can be created endlessly!

Did you check the user that posted the topic? If you read what is in the thread, you will understand the buy that I am talking about.

This thread is not to argue but it is about how people can still make money from bitcoin if they hodl.

The last two links you included are not threads on this forum.

You asked the reason I posted this topic. The reason is because I noticed bitcoin still has potential to grow higher within 15 years.

Give the vibe instead of attacking. We need this thread.

That statement invest what you can afford to lose is simply telling you to use only your discretionary income to invest in Bitcoin and they are very correct you are not expected to use money for your basic needs to invest in Bitcoin whether you are a trader or you are a long-term, as bitcoin investor you are expected to use only your discretionary income which is also money that you can afford to lose to invest, I know some people we say that their discretionary income is huge and they cannot afford to lose it and for that reason it is not money they can afford to lose that they are using to invest in Bitcoin it is also true but the fact is the money shouldn't be a you need immediately it should be money you won't be needing for long time if you are long term investors then for trades it should be money you can afford to lose.

You are contradicting yourself. I wanted to correct you but you later posted what discretionary income is, this is absolutely different from the money that you can afford to lose. All the money that you still have after you have spend money needed on basic needs are discretionary income and almost everyone can not afford to lose it unless they are not planning for their future.

Very good instances that I noticed people say people use the amount they can afford to lose is when they are taking about either gambling or trading.

I think it's already time for us to stop selling dreams to those who are new in all this so that they can become long-term supporters and investors instead of getting disheartened and leave after one cycle or so. When we talk about Bitcoin multiplying its value over time, we should use the word "potentially", which means that it has the potential to reach a specific value in the distant future, but nothing is really guaranteed. You can't say that Bitcoin will do 15x or 10x within a decade or one and a half decades, because you don't know anything about the future, so you should say that it has great potential, which is why we should invest in it for the long run.

Those of us who are investing in Bitcoin in the current times should understand one thing, we are surely going to get good profits if we stay strong and keep holding without panicking, but we shouldn't expect richness from a single investment alone. You can't expect to become a millionaire after a decade if you are investing a few hundred dollars every month in Bitcoin, because Bitcoin will have to have a value in millions for that to happen, and it won't be realistic to have that high expectations.

I like your input because it hits on why a good expectation in form of wealth results on an investment in Bitcoin, needs quality investment effort, not just a small effort, but a big committed effort, both from how you purchase it, how much you purchase, to how you keep it, to how you invest in it with a consistent plan, to how you liquidate or diversify it to fit your scope.

Volatilities surely has a lot to do with the returns on Bitcoin investment and its seasons, and I can say that we can't predict the future but we can definitely have a good return if we hold Bitcoin for up to a decade with a steady and consistent DCA or lump sum strategy. There's also the ETF that's for large pocket holders and there's the part where setting up and running your own Bitcoin mining farm and node to mine Bitcoins too can make you reasonable wealth in due time.

Anything is possible when it comes to BTC, but saying that the golden rule of investing only what you are willing to lose is false is nonsensical and makes zero sense op. BTC ain't some magic bullet and you are speculating wildly to be frank with you.

x12 would take it into a million dollar territory which is preposterous to even think about even though it is technically possible. Stay grounded op.