RE: what does "don't invest what you can't afford to totally lose" mean?

You are viewing a single comment's thread from:

what does "don't invest what you can't afford to totally lose" mean?

in bitcoin •  8 years ago 

Comparing investments to gambling doesn't make any sense. I don't consider spending hours reading into a project and putting a value on the product anything close to gambling. Also, the total market cap wasn't 10 billion dollars three months ago, that's just not true (it was 25 bil Apr 01 according to coinmarketcap.) Don't spend what you can't lose of course, but also don't misguide people to scare them with fake numbers

bitcoin
8 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  8 years ago 

    I agree investing and gambling are totally different.

    My point was putting money into cryptos at this moment is more similar to gambling and less similar to investing. I'm not saying putting money into cryptos is wrong. I'm just telling you what it is most like.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00