I always wondered why such renowned investors always said to invest no more than a small percentage of your wealth. Considering that most say fiat is crap and that we should always be invested.
It’s kind of contradictory to say only a small percentage be invested and then saying fiat is crap. While they have hundreds of thousands in stocks begs the question, why are they promoting retail to invest small amounts only, when they are mostly all in.
**Masturbating the idea of most retail investing more than they can afford to lose:**
I know most here invest more than they can afford to lose, some are even lucky to get more money in crypto gains than they have in their personal bank. But I guess we all have a common trait, we are too volatile to the market, working while investing in crypto is taking it’s tool on the job.
I know It’s affecting me, working while constantly worrying about my investment is stressing and it prevents me from working or even try to better myself in my area (programmer).
I loved to code when I was in college, and I could probably even make a crypto bot, but constantly looking at the chart is mesmerizing, worrying and stressful. Prevents me from doing anything else at all.
I’m currently 20% bank, 30% stocks and 50% crypto and apart from crypto, stocks also have this effect on me.
Maybe this is the why, why big investors tell us to invest small amounts, it prevents us from doing our job, a job that stimulates the economy, not only that it creates more volatility in the market, as unexperienced investors tend to create a more riskier environment, a small correction could lead to a major crash if enough young investors got spooked.
Tell me if you agree/disagree or have anything else to add.