http://www.thefreedomtrader.com/wp-content/uploads/2016/11/dreamstime_l_23880574-630x315.jpg Source

More Of My Coffee-Talks Available Exclusively On Whaleshares
@immortal-tongue

If you are a crypto-trader, crypto-investor or an investor in general and have not heard the popular statement "Invest what you can afford to lose" then you must have being living under a rock. This is statement is in fact the MOTTO of the cryptoverse, it is sung like music on every investment website, played on every financial advice post and bass-ed out as a disclaimer every now and then. Are you feeling bullish? this advice pops up in your thought, we sweep it off or think about it. The thing is, any investment model with a higher "Risk" factor often gets decorated with "Invest what you can afford to lose" statement. I might be fine with losing 200$ at the moment I invested it into what ever business at the time, the problem with humans is that this same "$200" begins to give me a "thought-plagued" night when it falls to "$50". Was I ever comfortable losing it? Something that baffles me more is that we often gamble too much and then call it "investment". We make frivolous decisions and hope for sensible outcomes. That's just gamble to me!, of the silliest order. "Invest What you can afford to lose!", isn't that a less truthful statement?, who is ready to lose $1?. Well, I get it means; don't invest what will kill or cripple you, don't invest your College funds or other necessities. Has this bear market made you rethink your stand?, did you ever imagine it would get this dragon-red? Did you actually invest what you could afford losing?. I think the "Motto" is a messed up motto, because people will just view the surface of the statement forgetting that there is more to it than "Afford". In fact, "Afford to lose" is a relative term. Do you have a method for making a calculated risk or do you just throw in cash into investments because you feel it in your guts like Santa from "the guardians?". This coffee post is written with the mindset of hearing what each and everyone of us have to say and the advice we have to offer in the spirit of "investment love". I know most part of the post is very rhetoric in itself, but there are lots of questions to be answered. Please grab a Coffee. So, What do you think?... Has the bear market become so fire-ry like a dragon dungeon? Did you actually invest what you were comfortable losing and how did you determine this figure of "affordable loss". PS: I know everything has risk and another statement "No Pain No Gain" pops into my thoughts and there are many more "rules" flying out there but let's be realistic and view this coffee talk post from both ends of the coin. Spill your mind? All comments would be super helpful to everyone including myself :wink: . Thanks. ___________ ~~~ ©Immortal-Tongue