Invest money that you can afford to lose

People in this subject need to understand that you only invest with the money you can afford to lose. Getting loans for buying stocks or putting your life's savings into this is not a great choice.

Discussion

New members of this investment need to understand to only put in money that they can afford to lose. I can see comments of single mother putting her life savings in and college kids borrowing money at a very high interest and going all in.

This is not a joke. Losing money is not a joke. If you get a loan and buy a stock, you are at a risk. Only buy with money that you can afford to lose. Don't put your life savings or retirement corpus on this. For people who are getting emotional and going all in against the hedge funds, the hedge funds will have a small scratch and you would be destroyed in the end. The concept of YOLO with buying stocks works only till you don't go bankrupt.

I know this subject is now filled with a lot of new people telling you to buy the dip. Don't get emotional with money. This investment is for people who like to invest money that they can afford to lose, and not your life's savings when you are a single mother.

I know I will get downvoted to oblivion saying a statement like this, when the whole subject would be filled with "to the moon 🚀" But please don't put in money you can't afford. Don't get loans and buy stocks. Money ain't coming easy and all the money you lost is earned by the hedge funds you wanted to destroy in the first place.