Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
laijsica
on 10/07/2025, 02:41:36 UTC
You know what you must know is that people don't usually know when to invest, how to invest and when not to invest. Usually, investment is when you are financially stable to make it reality but most people nowadays jump into investments without at least having source of income or something that would give them income when they are in need or lacking moment.
It's true that everyone out there loves investments but getting to know the rules of investment is what most people are lacking, that is why many people faces hard time with their investments or ends up pulling off their investments when their time isn't yet to come.

It is better to invest by making a good plan before investing. Because if you rush into investing without planning, you can put your holdings at risk. For example, if you do not have proper financial management, you can fall into a financial crisis and after a while you may have to sell your holdings. If you make a proper plan, if you go in that way, you will get benefits in many ways. For example, if you go in a plan that measures how much money you need and how much money you have allocated for your investment, then the chances of you falling into a financial crisis will be greatly reduced, unless you fall into an unexpected financial disaster. So always plan wisely and keep your holdings safe.
Those who doesn't make a good plans usually ends up in a rush to sell of their investment so easily and cheaply especially when they don't understand how the market works properly, there is a need to have source of income to secure their invest but also we have to reconsider something very important before jumping into investment, most people do not understand how the cryptocurrency market works, especially since it's seasonal, they must know which season is suitable for their investing and which is not suitable for their investing before they should venture into it to make their investments.
If you consider the season when it comes to Bitcoin accumulation it will not be the right decision. It should be important for you to have a discretionary income stream or you should make every effort to strengthen your alternative sources of income. In reality, most countries' economies are negatively affected by inflation and the government controls the country's financial system, which is linked to the global economy. The culture of not welcoming new financial systems to increase the value of the dollar is a strategy for rich countries that makes them richer and poorer countries more poorer. Even if an individual investor cannot play a significant role in the large scale economic progress of the country, he should develop alternative decentralise financial systems for his own financial development. Long term Bitcoin accumulation exposes you to a different and potential financial system.