Post
Topic
Board Nigeria (Naija)
Re: Major guidelines that can ensure a successful bitcoin investment
by
RealNoblee
on 27/07/2025, 20:53:18 UTC
I get the point you are driving at an all the point you raised here makes sense, but I feels like their are few more that should be added that is not here , and the one I can remember now is that if you are investing in Bitcoin, it's very important that you invest with an amount you can afford to lose, so that if things doesn't goes as planned, you wouldn't be contemplating suicide, this is why it's very important to invest only with your discretionary income, because your discretionary income is the money left after all your basic needs have been met.
So for you to be in control of yourself if your investment in Bitcoin doesn't play out as expected, you must invest only what you can let go, because in as much as the potential of Bitcoin is very bright and huge, nothing is guaranteed in the future, so invest with caution.

Despite having a discretionary income and investing with an amount one perhaps be willing to let go incase of any eventuality.

One must also understand that investing in bitcoin with a borrowed fund is a dead trap in disguise because it's an investment that requires servicing for better returns .

You can make all the researches but not when investing with a borrowed fund.
You can be patient but not when you are investing with a borrowed fund.