Post
Topic
Board Nigeria (Naija)
Re: Your best advice regarding Cryptocurrencies
by
Sticky Bomb
on 25/07/2025, 20:20:11 UTC
Don't think the crypto space is a "get rich quick scheme" and expecting immediate returns on assured profits but rather consider it as investments that could either profit or lose with the right entry and information.
In bitcoin accumulation, there is no "right entry". The goal is to have as much bitcoin as you can acquire and go for a long-term holding plan, so with the right mindset, every entry point is a good one in bitcoin accumulation and you should plan to follow up your buying periodically as long as you've discretionary income present.

It is also good that you apply accurate cashflow management practices in bitcoin accumulation in order not to use money meant for your expenses to buy bitcoin, nor neglect building out your backup funds like emergency funds in order to protect your investment from being tampered at a time that is not of your own choice.