Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
sotelorene
on 24/07/2025, 19:35:34 UTC
Also, applying the rules or the knowledge of investing, it can help to know when to invest and when not to, even if one has all the knowledge to start, without having proper financial stability to use it for investment and can still have some to use it for emergency purposes or when one is in their hard times can be very risky, for it won't help to achieve their financial aims.

You don't necessarily need to figure out when to invest and when not to invest, the only thing that is supposed to keep you on hold is your discretionary fund, but if your discretionary fund is available you don't really need to be waiting for the perfect time but to  start as soon as possible because if you're waiting for the perfect time before getting started you might end up regretting like other guys so as a no coiner or a low coiner you're not supposed to be waiting for the perfect time before investing, rather you can use the DCA method to be accumulating little by Little with time you will get to that stage where you will think is the perfect time to get started then you will have to apply some aggressiveness, rather than keeping yourself waiting.
Waiting for the right time to invest is never the right decision, there is no perfect time to invest, rather every moment is the best time to invest, so consistency is the most important thing in investment, a real investor will definitely decide to invest only in DCA, because DCA is the most effective strategy as a long-term investment strategy in Bitcoin investment. And of course using income under consideration to do DCA is definitely the best decision, so you have to keep yourself right in these matters, and decide to invest in a disciplined and consistent manner with long-term faith in Bitcoin.
There is no specific time that is the right time to invest in bitcoin, instead Every-time is right to invest in bitcoin, that is why we have a strategy as DCA to accumulate Bitcoin on a regular basis, I wonder why people still continue to think that there is a right time to make an investment in bitcoin while we can afford to accumulate when we have a discretionary income, we can always accumulate little by little depending on the level of our discretionary income which is more important to invest in Bitcoin. A determined fellow that wants to invest doesn’t think about specific time to invest in Bitcoin.
There's no right time to invest in Bitcoin other than investing when your discretionary income is available, but if you see anyone that's waiting for the right time to buy Bitcoin, just know that the person isn't buying Bitcoin with a long term mindset, and the person will have to wait to buy Bitcoin when a dip occurs so that it will enable the person to sell his Bitcoin once the price of Bitcoin starts increasing.

You are right anytime is perfect for someone who is serious to invest in Bitcoin but not everyone waiting to buy during the Dip are traders or intending to sell off when the price appreciate, some of them are not just familiar with Bitcoin and doesn't know that they can literary buy even when the price is high via DCA method and so these category of people or persons just need a knowledge to change their perspective and until they are aware of this their mindset won't change because when I started I was thinking this way but i later realized I was wrong.