Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Frankolala
on 12/07/2025, 18:06:59 UTC
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.
You only need the basic knowledge of bitcoin and figure out how much from your discretionary income that you can use to invest into bitcoin and learn more about bitcoin as you are investing with DCA. Bitcoin investment is best to have the knowledge through experience by your continuous buying and stacking weekly through DCA. Because that's when you will know how to manage whatever case scenario that plays out during your accumulation journey.

Theory is the only basic knowledge that you need. You will not know how to manage your discretionary income properly and know how to tackle any unforeseen circumstances when it plays out with only theory. Investing and gaining experience will prepare you on how to manage any worst case scenario that plays out during your accumulation stage.