Quote from: TEBTC on Today at 05:46:49 AM

Balancing your financial security is a good thing while investing in Bitcoin because investing in any business whether in crypto or any other business without giving much attention to saving is no a good practice as it will affect your financial stability and emergency fund should be as a matter of fact be compulsory for any individual who is ready to investing in Bitcoin because there are other things that will also need finance so putting all your money inyo Bitcoin accumulation will be harmful because Bitcoin investment is focused on a long term basis

We only invest because we want to maximise income and become financially stable tomorrow. We invest to solidify our financial status and accumulation in the nearest future. Therefore, no one is encouraged to get involved in this investment journey blindly or with little or no knowledge at all of how this pretty good and well constructed Bitcoin investment schemes as well as it sounds else you will end up loosing of making no headway or better still remain stagnant.

If you read through the thread properly and other comments and replies, you would notice that so many strategies have been employed or rather discussed by the OP and other Bitcoin investors as guide to how one can safely or peacefully achieve a successful Bitcoin accumulation. So it has never been advised and would never be to put up all your income in Bitcoin accumulation. Abi that person no go chop again, or you no go attend to responsibilities again? Even if you are very much single and has no family dependent on you, you still gats personal responsibilities wey you go attend to. So Bitcoin accumulation or investment is a well calculated journey that tends to allow you investe while you still survive and keep pushing on.

The automated savings system has been mentioned which enables you save a bit of your income automatically. Emergency funds too is also important to be created, reserve funds, float. The point here is that Bitcoin accumulation is not just something one enters with no knowledge, it is calculated and all things been equal will yield positively. Nevertheless, every calculation is done based on the investors cash flow. The little your income, the little you save and invest and vice versa. It has been tested and proven over time, Slow and steady wins the raise. It's a long term deal, you can't afford to choke yourself because you are an investor.