Post
Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: Balancing Financial security and Bitcoin Accumulation
by
Achalugo BTC
on 22/07/2025, 22:40:12 UTC
⭐ Merited by JayJuanGee (1)

It sounds slow, but it will protect ur future Bitcoin. Because when something happens, you won't need to sell your Bitcoin in a panic.

6. Mental Peace, involving fast Accumulation
I used to feel bad seeing others saying they already have 0.5BTC or 1 BTC or 2 BTC or more. I felt behind. But I later realized, some of them are deep in debt or under pressure, and they just don't show it.

Our journey should give us peace. If buying Bitcoin is making you anxious, it means you’re overdoing it….    Look, at the end of the day, it is all about balance. Life is long (hopefully), and Bitcoin is not going anywhere. You will be able to stack more when your life is stable, not when you’re always broke and hoping for a pump.

Let our financial security be our foundation, and let Bitcoin be what we build on top of it. That is how we stay in the game long enough to actually win.

Let’s not go broke trying to be early. Let’s be smart, steady and stay in control.

Use of leverage in bitcoin is a more advance technique, and merely because it is advance does not mean it is a good idea to even try to employ it beyond perhaps in some modest ways.   Frequently it is better to start out in bitcoin with straight-forward only longing of bitcoin through regular buying, yet the reality of the matter is that guys might come to bitcoin with an already high level of use of debt and even quite messed up finances based on their poor cashflow management and their already existing debt-ladened situation.  Guys have to figure out how to work with from where they are at which might mean investing in bitcoin and trying to resolve some of the more egregious portions of their debt, yet at the same time, they may have to learn some techniques to be more responsible and to gamble less with their finances, and like you mentioned, setting up systems that help you to not get overly emotional about BTC price moves in one direction or another, even though we likely cannot completely take emotion out o f the equation, there are still ways to lessen the likelihood of high emotional levels.
Leverage is an advanced technique, So I agreed to your points of view, it will be a best idea to start with buying of Bitcoin. But most people are into investing in Bitcoin with an existing debt and poor cash flow management, this makes it hard to concentrate on how to invest in Bitcoin and also have other means of handling their debts and other financial problems, without thinking Bitcoin will only solve the equation, which makes them have high emotional feelings when Bitcoin price lessen, that is why they need to practice discipline and focus while investing on Bitcoin for a long term, for this will help in managing their emotions and be able to navigate through challenges.

Bitcoin do fluctuates, that is why it's essential for one to be careful or cautious when investing, because the price of Bitcoin can drop or go down for a while, and this period of time can determine if it's okay for investors to buy or sell without having enough risks, also this can help investors to improve in their investing strategy and taking care of their financial problems properly.