Post
Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: Was unemployment part of your Bitcoin/crypto journey?
by
Olatundespo
on 25/06/2025, 10:07:47 UTC
⭐ Merited by Igebotz (1)
Was unemployment also a contributing factor to your Bitcoin/crypto journey?
Many persons have chosen investments in cryptocurrency for many reasons, but for whatever reasons you are investing in it, be sure to remember it and keep it in mind because it can be a thought to motivate and keep you investing in cryptocurrency. People who often start up investing with no strong reason to hold on to, may not remain investors for long.
For me, my strong motivation to make money and become financially independent is a reason I am focusing on cryptocurrency.
The main reason why they cannot sustain themselves in investments for a long time is the lack of proper planning. For example, if you do not have sufficient sources of income then thinking about investing may be comparable to wasting time and confusing for you. Again, when you have a source of income, the supply of discretionary income is not enough. Every issue regarding investment should be analyzed thoroughly and decided.

I think that if you have a reliable source of income and your discretionary income is $100 per week then from that you can allocate $70 for Bitcoin accumulation and the remaining $30 for emergency funds. Floating cash fund will provide security to your investments in case of emergency. To achieve financial independence, you need to increase your Bitcoin savings as your source of income increases, regularly and continuously to complete a full cycle.