Please stop investing amounts you can’t afford to lose

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Please stop investing amounts you can’t afford to lose

I keep seeing posts on exchange subs of issues that come up and people needing the money in their bank sccounts same day. DO NOT PUT YOUR SAVINGS IN AN EXCHANGE. We all know exchanges come with issues, accounts locked, accounts not being verified etc etc you've seen the posts. If you are struggling to pay your rent and being out of a job 2-3 weeks makes you use your investment money, you probably shouldn't be investing. Make sure to have 2-3 months of bills saved up in a bank account before you start investing. I'm not a financial advisor and I sure as hell not trying to tell anyone what to do with their money, I'm just trying to help at least one person in a similar situation.

Everyone else, HODL!

submitted by /u/El_Jose_22
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