Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Re: Balancing Financial security and Bitcoin Accumulation
by
ruykeri
on 17/08/2025, 04:20:52 UTC
⭐ Merited by Creeper0 (2)
It is better to figure out our discretionary income from an unstable source of income and invest than waiting to have a stable source of income because it will enable us to move from being a no coiner to being a coiner, and with DCA strategy we can invest with the little discretionary we have at when we have since the dca must no be regular stable for it to be called DCA though being consistent will make us reach out goal faster and that is only if you have the means to sustain consistency without struggling in meeting up in your other important needs.
When it comes to investing in Bitcoin, it is not required for the individual to wait for a steady source of income because everything is a gradual process, which is why anyone interested in investing should begin with the smallest sums amount available at the moment.  You can see from the small amount that they will grow beyond your expectations. The DCA, in particular, is the ideal approach to reach out and invest, especially in terms of long-term portfolio accumulation for a higher return on investment.
What I think is that it is really important to start investing but more important is to continue investing for a long time and hold Bitcoin. It is right that you should start investing with a small amount of money, I agree with you on this but it is more important to be able to do it for a long time. Now if someone is forced to sell Bitcoin due to financial problems 1 to 2 years after starting the investment, it will cause a lot of loss for him. Because in the past many people have invested in Bitcoin but not everyone has benefited. Those who have invested for a long time have benefited at the end of the day. Let's say someone has invested all of it in 2017 and in 2018 due to some kind of financial problem, his Bitcoin investment is stopped and later he has to sell Bitcoin. In 2018, the price of Bitcoin had decreased a lot due to which he has faced a loss then. But if he had a regular income at that time, if he had a discretionary income, if he had formed an emergency fund and a reserve fund and if he had continued that investment for 10 years or more regularly through the DCA method, then he would have benefited many times more than his investment at this moment. So those who are interested in investing should not delay, but they should keep in mind that they have to invest for a long time and for this they have to have a discretionary income and in addition they have an emergency fund and a reserve fund so that even if they face all kinds of financial problems, they can continue investing in Bitcoin by solving them.

Price information source from : https://charts.bitbo.io/price/