Quote from: Odogwu-Blockchain on January 28, 2025, 01:01:38 PM

Quote from: Y3shot on January 27, 2025, 06:53:41 PM

Quote from: philipabaku on July 11, 2024, 09:38:32 PM

I greet una my country people. As we all know this our country condition don dey pass be careful, things done dey get out of hand. My question Na how Bitcoin fit take in any way help in making Sure the less privilege fit afford to purchase or invest in Bitcoin through any ways, since we all know the hiking level now.

Because of the hard economy it doesn't mean you can't afford bitcoin, you can still buy bitcoin. I know some people who are not even buoyant financially they still try their best to make little savings for themselves. That is to say if you can afford to make little savings for yourself, then you can afford to invest bitcoin with the little money you have. This is even the best time one should think of investing bitcoin, because now that the inflation is so high, it is not good to store or save money in fiat but to invest it in bitcoin because bitcoin has a good value and it can be considered as a store of value.

It's already believed that as much as possible you could get from your income, it's advisable to be using 20% of your income to accumulate Bitcoin, no matter the quantity, it's worth doing, not for quick gains but for the future. It's far more better than keeping Fiat in bank that wouldn't benefit during the long run, it's even more better than Akawo. Na the way forward for Nigerian be this o to fit be reach before old age.

Well said bro, using atleast 20% at specific intervals is cool. However, I keep using Blackrock and Saylor as examples that people should emulate, if they can be adding more to their portfolio instead of taking out of it, that should let people know how profitable Bitcoin is and if they can go about it in the right manner by holding Bitcoin in their portfolio for long-term I don't think it's something they'll regret doing. The banking system has failed and they keep implementing tariffs that would take from what one is saving instead of multiplying it but the longer one save in Bitcoin and adds more to it then success is guaranteed in the future. As for our economy, our government should declare buying a Bitcoin reserve that would be a hedge against inflation and help boost our economy in future, if Nigeria could buy a Bitcoin reserve it would help stabilize our economy on the longrun.