Good morning my fellow Naija people in the local board, I brought this topic to encourage our Naija local board bitcoiners not to spend all their profits they made from this bull run because, I know that many people have started selling their BTC to increase their wealth. I know that many people will start using the profits they made from this bull run to do other things and forget to save money to buy BTC when the bear market occur again, and it will be a good thing, if you can spend and still remain some money to invest in BTC when the bear market come. I know that is not easy to save money in this high inflation, but spend and save some money that you will invest in BTC in the future no matter the situation you are facing right now.
I know there are some people that depend on their signature campaign only, which is not a good idea because, anything can happen that will make you not to get the opportunity to work in the signature campaign but if you invest some money on BTC, I believe you will have hope of winning something big from BTC when the bull run occur. What is your opinion.
OP, you nailed it all, people feel that this is the time to spend all there profit and forgetting to reinvest in the system that gave them the profit, it is important as a business man to know that if you do any business and get profit as the case may be, you will have to reinvest at least a particular portion of such funds so that you can also benefit again if the needful happens, the way bitcoin is rising now some people never expected it, sincerely there people who has done other business and profited in it but refused to reinvest because they feel comfortable that they have made a profit not knowing that the future price might surpass the present price that's why it is advisable to financially minded when taking financial decision.