Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
sotelorene
on 22/07/2025, 17:07:45 UTC
without money, there is no way that you can invest in bitcoin, so the best thing is for anyone to have a job so that when you start from there, because there is no other means that will be accepted when you have a means of earning,  but when you don't have a means they how do you even invest so one of the best things to start with is for you to get a job then you will notice that that way you will be able to use the dca method easily because without funds there i no way you can do the dca.

And it depends on the kind of income you are getting, because when you are investing good money same way you will get good return so the money that is going in to buy matters a lot. After all, when you don't invest well then the returns will be small when you are not finacially stable then it will be better to figue things out before investing.

To invest, a person can invest by doing any work, whether it is daily wage, job or business.To invest, it is necessary to have a source of discretionary income. If your source of discretionary income is from a job or working as a daily wage, then you can still invest if you want. If you are working and if you cannot get the meaning of discretionary income from it, then you may not be able to maintain the continuity of your investment. Therefore, you need to have the importance of proper financial management.

Bitcoin is very risky, there is no guarantee that you will be profitable if you invest. However, the possibility of profit is much higher in the case of long-term investment. Therefore, we can never say that we will be profitable if we invest.
you are actually every correct, Without that, it’s nearly impossible to commit consistently especially with strategies like DCA dollar cost  averaging low,  some many  people want to rush into crypto without first securing their financial base. Getting a job or stable source of income is the first real step. Once that’s in place, then you can think long-term, invest wisely, and actually see meaningful returns. smart money starts with smart planning.



I think at first someone have to draft out everything even though all of them may not be possible but one good thing in life is to have hope and work towards that particular thing. So I think before getting a job one ought have calculated how he or she is going to go about Bitcoin investment because if you don't have this thought before getting a job that will be giving you income then it will be difficult for that person to think about later so everything is planning and not just planning but planning well. There are people with a stable and good source of income but they are not into Bitcoin investment because they never had a thought about Bitcoin before they got the job.