Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

Pages: « 1 ... 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 [560] 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 ... 24396 »
  Reply  |  Watch  |  Notify  |  Mark unread  |  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21253251 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (68 posts by 16 users deleted.)
Ultraviolet
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile Personal Message (Offline)

Ignore
May 27, 2013, 07:16:46 PM


I've been wondering recently what is "more than you can afford to lose"?

should there be a distinction between "more than you can afford to lose" and "an amount that you can afford to lose, but it's quite a large percentage of what you own"...?


It's really up to the individual. You can set hard limits at the level of "an amount where if you lost it you'd be bankrupt/in serious trouble" etc, but for each individual what they're comfortable with risking on an investment/speculation, what they can recover, and what they can mentally and emotionally endure are all different for each person.

General principle: don't invest an amount where if you lose it your life will change for the worse in significant ways.