Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Makus
on 12/08/2025, 21:06:47 UTC
But yes, anyone can invest through any method, can invest with any source of income. But it is better to invest by deciding which one will be good for his portfolio. Because if a person invests today and has to sell it after 2 days, it will never be good for him.
I think that you are wrong here brother, am talking about the highlighted words in your write up, you don't invest with any source of income as you claimed, that's not the best way to invest in bitcoin, because you can't be investing money meant for your basic needs, investment in bitcoin should only be done from our discretionary income, money left after all basic needs has been taken care of, because it's a money you can afford to lose,  unlike any source of income as you claim.
you're right what he or she said is not the best way to invest in bitcoin, for the best way to invest in bitcoin is by investing only your leftover money (Discretionary income) after you must have settled your basic needs and expenses and not money meant for settling your basic needs and expenses. Because if an investor invest money meant for settling his or her basic needs and expenses trust me the investor will sell of his or her bitcoin investment at early stage of accumulation all because of investing wrongly.

It's not advisable to invest with money ment for basic need in bitcoin, because your bitcoin investment should come from your discretionary fund which is a byproduct of your leftover or some personal wants that we desire like gambling. Alot of us do gamble and instead of spending from your basic need which are important for your survival and comfort you can choose  choose to deny yourself gamble for that week or month and spend the money building your bitcoin portfolio. Again there are persons who also diversify their money into shitcoins, there is no point doing that because it's equivalent to gambling, and what gambling does is that, 90% of the time it take money from us rather than giving us something good in return all we have while gambling is hoping we get lucky but historically bitcoin has been proven to be profitable when you hold for long term.