Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Olatundespo
on 30/06/2025, 16:24:45 UTC

[edited out]
Many new investors may not have a steady source of income when they start investing, so they are eligible to accumulation Bitcoin because they have a source of discretionary income. By not having a steady source of income, I mean that they do not have a reliable job and their job could be lost at any time. For example, someone who works part-time and may be laid off at any time, but has a discretionary income of $50 at the end of the week, can be confident in accumulation Bitcoin. He should refrain from getting discouraged because as a result of his concentration and dedication, he may get a better job in the future and he will be interested in more Bitcoin. The habit of accumulation Bitcoin through small amounts of discretionary income can lead to a large Bitcoin holding for that investor in the long run. Not having a steady source of income should not be a barrier to Bitcoin. If he has a minimum source of discretionary income he can start with any amount and staying long term.

I agree with your points Olatundespo, including that some guys might find themselves struggling on an ongoing basis and maybe they had been struggling for years with ongoing uncertainties about their present and/or future income.

Investing into bitcoin might also incentivize them to try to figure out their situation by going through some assessments regarding the various ways that they might have to attempt to increase their discretionary income by increasing their income and/or cutting their costs, and in some ways they might come to the realization that in order to increase their income, they might need to spend some money or get some training, and surely if they are younger they might have more options for career changes.. .and I am not even going to proclaim that the decisions are easy, even though sometimes we might need to revisit some of our earlier choices including education, training and/or even sometimes some business ventures that we might enter into or social networking that might be necessary to be able to get into higher income possibilities. .and I had even mentioned that sometimes there can be opportunities to get into higher paying jobs, but there may be needs to go through low paying jobs and/or internships or other kinds of free or low paying work in order to network sufficiently or even to build up experiences in such ways to be perceived as being qualified for some of the higher paying work.
In my experience, I have seen that investors who want to continuously move towards their financial well-being through extra struggle are successful. They feel the desire to work and the motivation to change themselves and add Bitcoin to their financial activities. They will not have to be chased away by an uncertain source of income forever. They will free themselves and prove themselves through more excellent work and at their desired point.

There are many such examples in our society of guys with great talent who along with studying work part-time to establish themselves and reduce the pressure on their parents money and become self-reliant. They get established by applying their talent and after completing their studies, they provide jobs to others instead of looking for a job because they have explored their talent and they were successful. Through this, they go a long way in performing business activities to increase their income and increase the amount of discretionary income.

Another example is that those poor guys, as a result of neglect in the eyes of society, become stubborn and learn to value themselves and apply it to any short-term source of income. If they can be a little knowledgeable about the store of value (Bitcoin), they can grab it and continue to make more efforts to increase their discretionary income.