Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Rockson1
on 27/07/2025, 15:55:18 UTC
I also agree with you here, most people have not yet started with bitcoin, because they were not giving the proper orientation on bitcoin and how easy it can be for them to invest in bitcoin with just their discretionary income and not with their whole income. Just as you said many people believe that for them to get started with bitcoin that they need to have a huge amount of money to buy bitcoin at once and hold for long term, without knowing that they can buy bitcoin fraction by fraction with just their discretionary income consistently using the DCA method till they get to their accumulation target.
Very correct, good information trigers potential investors, most people out there may have not seem it necessary to invest in bitcoin just because of either misinformation or inappropriate orientation they got from existing investors, it is laughable for anyone to even think that they cant invest with little unless they have all the money in the world, although this is what lack of good information does to incoming investors, one of my friend once told me  that bitcoin is only for the rich, I ask him Why did he say so, he said can't I see the value, he went further to tell me that how will he be able to afford such amount of money to buy bitcoin, he said that's the reason why he has not been able to buy bitcoin in the recent time as he pick interest, I laugh and ask if he have heard about DCA method of bitcoin accumulation, he said no, I explained in details how helpful such method  can be easy for him to accumulate bitcoin gradually, as I speak to you has already started and he's very happy, just imagine if he didn't tell me, what would've become of him.