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Showing 8 of 8 results by EG_O
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Board Nigeria (Naija)
Re: Discipline yourself to be patient enough with your Bitcoin portfolio
by
EG_O
on 24/08/2025, 00:30:46 UTC
Of course we need to discipline ourselves to be patient enough to build a Bitcoin portfolio. Therefore to stay abreast of investments, we must increase our earning power, which is the main key to addressing financial challenges. Due to high financial stress it may be challenging for us to pay various bills, so we should complete these tasks very efficiently, which are part of our regular expenses and an emergency fund should be planned in advance to invest or start investing because it's like a financial safety net. Many people say they will invest for the long term but the market sentiment changes and the red candles in the market prevent them from staying disciplined so everyone needs to be patient with all the strategies and this process has to be trusted, then you don't have to look back to find a way forward.

You re right bro, one needs to be patient not just with his or  Bitcoin portfolio but with life generally, once you invest in Bitcoin, you need to be patient for it to grow and also while been patient, you also need to be financially stable, having streams of income will also help in building ones financial stability and it's very essential in ones finances and one can be able to face his or challenges when there are flows of money from different angle while waiting for your Bitcoin investment to grow
Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
EG_O
on 24/08/2025, 00:16:34 UTC
I think one have to build his or her income before thinking of discretionary income, it's after you have different streams of income that is when you will have a stable income and then discretionary income follow suit, that is when an investor can invest his or her income wisely
Post
Topic
Board Nigeria (Naija)
Re: ROLE OF INFLUENCERS ON CRYPTOCURRENCY (BITCOIN)
by
EG_O
on 22/08/2025, 12:02:27 UTC
I will advise everyone especially newbies to follow these influencers as they consistently release daily crypto updates that may be of help to your decision making. Also learn to make your personal verification and judgement coupled with your experience before taking any action.

Alot of these influencers, money dey worry them and they begin to go against what they once stand for. Influencers should expose you to new projects and not make you invest in them just because they say so.

When you say money dey worry some of them, Na true talk.. some of them collect money from the project owners just for advertisement. Some don't even care the reliability of what they advertise, so long as they make money form it, they are okay. It's just like a celebrity advertising a Ponzi scheme or a product to the public. Some may be true, while some are pure lies. But because we know them as public figures, we tend to do what they have advertised or adviced without properly scrutinising the information dishes to ascertain it's reality. I agree with you that we should get exposed but think otherwise before embarking.

Crypto influencers play a very important role in the crypto community as alot of people rely on them for information and in taking critical decision making like investment but it's important that we should not totally believe everything that comes from the influencers because some times most of them may make statements out of emotions and their persons sentiment so while it's good to follow these influencers for the sake of keeping yourself informed and stay updated you should have a limit to which you should believe what influencer put out

Yea, you are every correct here. We can't underscore there importance or relevancy in the crypto community at large as such informations helps create awareness and also educate people the more about crypto. But you nailed it already. It is important we think twice, that it came from them doesn't make it 100% legit and credible. They are humans remember. Even after there analysis, there can still be errors. Anyone 100% perfect in this planet of ours? Certainly NO! So to avoid later regrets and pointing accusing fingers that a particular influencer deceived you or talked you into investing into something that didn't pay at the end, it is very important you make research about the information that have given, crosscheck thoroughly before getting involved.
No matter who the influencer is, even if Satoshi comes and unveils himself, he may not completely be right about the next step of Bitcoin. Influencers are also hustlers and even when it comes to Bitcoin, personal interest can also affect their decision making. So whatever decision anyone will take in Bitcoin should be a calculated personal move and not based on what they project. Influencers are also important when it comes to helping to announce market falls and gains which you can also capitalize to make your own decisions.
Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
EG_O
on 22/08/2025, 11:55:53 UTC
That's it. Waiting to gather much more or better capital before investing in Bitcoin can be termed as "procrastination in investment', and it's actually detrimental. We all know the price of Bitcoin is not promised and assured. It's always on the move, either upwards or opposite. If a low income earner keeps waiting to acquire something tangible before starting his Bitcoin accumulation process, am afraid such a person will or may never start. Using the DCA as opined is always the best. Invest bit by bit, watch it grow. Keep gathering, keep investing with the little you have. In years, you would have accumulated something tangible that you wouldn't have been able to keep before you started your investment journey.. slow and steady they say, wins the race
Yeah, that’s just the truth about the Bitcoin investment; it’s not advisable for anyone who has interest in investing in the Bitcoins or accumulated Bitcoin to keep waiting until he/she has much capital. Because the price of Bitcoin is not waiting for anyone, the higher the demand, the more the price also increases every blessed day, so in the case of a person who said that he will wait until he has gathered enough capital, I don’t think he will be able to afford to invest in Bitcoin anymore in the future.
The disadvantage of a person who has discretionary income present and deceiving themselves that they are gathering funds to accumulate bitcoin is not only that if the price of bitcoin goes higher in the future, they would keep procrastinating, but they are ignorant that they do not need to buy a whole bitcoin at once, there is DCA for them and they can buy in bits with no pressure and spend more time in the market instead of speculating outside it. Additionally, gathering and hedging fiat is like fetching water with a container that has a hole underneath, no matter the amount you fetch, it always reduces in value due to the action of inflation and currency depreciation on fiat. As long as you can identify that you have discretionary income available, there is no reason to wait, so it is best to to jump right in and start buying bitcoin with available discretionary income to avoid loosing time due to procrastination and worse loose value for your fiat due to inflation.
It is a total waste of time to wait any further when you already have a discretionary income at hand which you can use to invest in Bitcoin. Some people who engage in this kind of lifestyle don't get to achieve anything serious in other areas of their life because they have fear and weak spirits. Anybody that has discretionary income is supposed to be investing into Bitcoin no matter the price of Bitcoin at the moment. This will help you not to miss the next opportunity that will certainly come.
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Topic
Board Speculation
Re: 100 Push-Ups Per Day Until Bitcoin Is £100K Challenge
by
EG_O
on 21/08/2025, 11:55:13 UTC
I joined this challenge yesterday and this morning I was motivated to continue with this challenge because it will benefit my personal hygiene and total well-being

It will also enhance blood circulation in my body and exercising is very sacrosanct in our lives

Today I did 30 pushups and even though i feel so exhausted

My Report: 100k,EG_O,2,30,2025-8-21
Post
Topic
Board Speculation
Re: 100 Push-Ups Per Day Until Bitcoin Is £100K Challenge
by
EG_O
on 20/08/2025, 12:45:57 UTC
I am very happy to join this challenge today as I have been finding it difficult to engage in any exercise repeatedly or daily. I can now try this pushup exercise even though I am not experienced in it. I was able to do 15 pushups today even though I feel so exhausted after doing the pushups.

My report: 100k,EG_O,1,15,2025-08-20
Post
Topic
Board Nigeria (Naija)
Re: ROLE OF INFLUENCERS ON CRYPTOCURRENCY (BITCOIN)
by
EG_O
on 19/08/2025, 11:55:38 UTC
Quote from: Tonimez
link=topic=5555413.msg65702951#msg65702951 date=1755445467
Michael saylor has many ways of influencing bitcoin and he's widely known for continuously buying bitcoin which has a very positive result on his followers and the entire crypto community.

Sure, and I like his own way of influencing people. Anyone who is following Michael Saylor on X would definitely want to go into bitcoin investment. I can't imagine how many people that Saylor converted, and it has gotten to the extent that most people have started seeing him as the father of bitcoin. And yeah, considering the amount of bitcoin he acquired yet he sees it as if he's just getting started with bitcoin investment.

And I'm sure he will continue buying until there is no more bitcoin in the market Grin
Those who are relying on their information should also try to make attempt to buy no matter how small thier discretionary is, because it will be so unwise if they fail to make attempt after getting all this information.
You're right, Michael saylor has been of high influence to the crypto community especially in Bitcoin investment. I have seen several news where he bought several millions worth of bitcoin.and still counting. If everyone of his followers decide to buy Bitcoin at the rate at which he buys Bitcoin, in the near future, Bitcoin might become a very scarce commodity and if this happens, the price will keep going up. Influencers can kill a coin by collective negative tags which will make other lower investors to avoid the particular coin. Anyways, one needs to be careful while following their advice to avoid falling into something you will regret.
Post
Topic
Board Nigeria (Naija)
Re: Naija Novice Hangout {Newbies introduction & Orientation} Thread.
by
EG_O
on 19/08/2025, 11:41:19 UTC
Username: EG_O
State: Enugu
Gender: Male
Skill: Software Engineer

I am happy to be here. I hope to learn and grow in the forum, thanks.