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Showing 20 of 28 results by Loyang
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Board Speculation
Re: Buy the DIP, and HODL!
by
Loyang
on 26/07/2025, 02:29:16 UTC
the concept of hodl has been and still is the best strategy. If you followed this method with 10+ currencies for the past 10 years you would be doing very well implying you picked from the top 30 currencies that were available.
That is retarded, roemer.  You may be lost or in the wrong thread..

We are only talking about bitcoin here, and you have to first accumulate bitcoin before HODL even makes sense, so it could take 1 or 2 cycles or longer to get to a point in which you have accumulated enough bitcoin.. and don't be fucking around with other currencies (especially fiat currencies) that mostly lose value..
Are you sure he is talking about fiat currency or he is referring to shitcoins holding.  It will be nice for him to come and specify which of the  10 currency out of 30 he's talking about, so that we can no where to place him. And of course even if he comes and talks about shit/atltcoin, we would not take him seriously  because hew chose the wrong investment plan over the right one Bitcoin.

Sure.  Fair enough.  He might be talking about shitcoins, yet that still is both  1) off topic in this thread since we are talking about bitcoin and 2) perhaps even dumber than holding some value in fiat currencies... although there are likely some shitcoins that are going to outperform various fiat currencies.

Ultimately, he was not clear what he was talking about and he is likely a disingenuine twat who is trolling and/or shilling.

Over the past 10 years almost all of the fiat currencies had gone down in their purchasing power to be 1/2 as much as they were 10 years previously..
That is for sure, as time goes on fiat currency depreciate in value due to economic inflatation, but guess what? Bitcoin even do more better during economic inflatation because people  pull out their money from dying fiat to Bitcoin, thereby Bitcoin adoption increase. And more liquidity is added to Bitcoin and it's market cap increases and Bitcoin increase in price too.

Sure.  Bitcoin is valuable because of irresponsibilities with fiat.  If governments were more responsible with their management of money, then bitcoin might not have any reason to exist...

It is possible that even if governments were responsible, there could be some other reasons to invest into bitcoin, yet we don't live in such a world, and it seems that the level of outrageousness and irresponsibilities of governments (all around the world) in regards to their money printing, this has given quite a bit of a strengthened reason for bitcoin to exist and to have value and to likely put governments in check... perhaps to help some of them to become more responsible, even though it could take some time for the responsibility to play out... so we are still to find out if bitcoin is actually going to continue to be helpful as bitcoin continues to exist and likely continues to get larger, and we don't even have to answer all of those kinds of questions in order to know that it is in our own best interest to invest in bitcoin rather than not investing into it.

Yes sir you are right. Every country's government knows very well about the Bitcoin network and the security of Bitcoin. But there are many countries that do not legalize Bitcoin in their country because no one has any control over Bitcoin. Considering all these aspects, many countries may not legalize Bitcoin in their country. But I think that with time everyone's opinion will change. Because Bitcoin will prove its worth and the value of Bitcoin may go out of hand sir. Because there are many people who are not aware of Bitcoin and almost all countries have made Bitcoin illegal except for a few countries. So now the price of Bitcoin has exceeded $120 thousand. So how much can the price of Bitcoin increase in the future. Then maybe many people or many countries may regret their actions.
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Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Loyang
on 26/07/2025, 02:10:58 UTC
There's no right time to invest in Bitcoin other than investing when your discretionary income is available, but if you see anyone that's waiting for the right time to buy Bitcoin, just know that the person isn't buying Bitcoin with a long term mindset, and the person will have to wait to buy Bitcoin when a dip occurs so that it will enable the person to sell his Bitcoin once the price of Bitcoin starts increasing.

Your comment is very vague.A person can start investing only if he has a source of discretionary income. Many people have their own income through which a person can invest but cannot continue to invest consistently or in the midst of a financial crisis, he sells his holdings. To maintain the continuity of investment and to keep the investment stress free, one should invest with discretionary income. Discretionary income is the amount of money that you have left after deducting all your expenses, that is discretionary income.
The right time to accumulate Bitcoin is when your discretionary income is available, Bitcoin is long time Investment so it's not what we should rush into if we are yet not prepared for it you and Nightwatchmare are almost saying the same thing here if we still struggle to figure out our discretionary income we should not try going into bitcoin investment, so the right time to invest in bitcoin and start accumulating Bitcoin is when you have figured if you have your discretionary.
If discretionary income has been a part of our lives for months/years and we are lagging behind in Bitcoin investing, then we need to hurry up. For those who are a little late to start investing in Bitcoin due to their lack of knowledge about Bitcoin, aggressive accumulation can be a way to get through the day. For those investors, even if their discretionary income source is not very strong to start and make it regular, they should invest in Bitcoin regularly.

Still, some investors struggle to find discretionary income from their income stream and the level of struggle and periodic efforts to  $10-$20 Bitcoin (per week) over time as consistent efforts can lead to a decent level in the future.

I recommend those small investors to maintain their small efforts to accumulate Bitcoin for 4-10 years. They should continue to deposit bitcoin continuously as long as their source of income exists and they should aggressively accumulation while increasing their alternative sources of income.

It is never right to rush to invest. No one has ever fallen behind in investing. But yes, a person who has been thinking about investing for a long time and has been chasing after knowledge for a long time needs to invest first. Because it does not take much time to gain basic knowledge about Bitcoin. If a person takes more time to gain knowledge, then he needs to start investing.

Aggressive savings can be a way to spend the day Your comment seems very confusing. It is not right to always buy aggressively. It is always necessary to continue buying depending on your financial situation. Every time a person buys aggressively, he will put his portfolio at a lot of risk. If you want, you can continue buying conceptually by adopting the DCA method
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Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Loyang
on 24/07/2025, 17:31:16 UTC
Well you're right. Getting started with Bitcoin as soon as possible is a good idea and using DCA method can help one to be accumulate assets as the time goes on. As having discretionary fund is good to help one when investing but it's good to consider the idea of also having funds that can be use to sort out other financial problems, so that you won't forced to touch your investment money when time is not right yet.
And this step, will also help one to make well plan decision and avoid mistakes that might ruin their goals.

Though, there are some cases where the individuals don't really care to have a plan about keeping funds aside to be used for other financial obligations. All they want is to build up their investment and emergency fund at the same time, not minding how stressful it would be, which might also be some risks too.

Which is why it's important for one to balance both investment and other financial obligations.

It is never a good idea to wait to invest if you have a source of discretionary income. However, if you create some other type of fund before creating an emergency fund, it will never be the right move. Because first of all, you have to protect your holdings and then you will have to create other funds depending on your financial situation.

If someone does not have an emergency fund before starting investing, then that person can create an emergency fund along with investing if he wants. If you stop your investments to create an emergency fund, then it will never be the right move. You have to move forward with all the aspects. Investing and emergency fund at the same time will not be very stressful.Because if you have $50 to invest, you can invest with $25 and create an emergency fund with $25. If you move forward in this way, it will not be very stressful for you.
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Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Loyang
on 23/07/2025, 17:00:49 UTC
You made a point there. But then again, as a person who want wants a good life, you’re ought to have a steady source of income, and to be an average person in the society, you need to have a multiple sources of income in order to keep up. Just as you gave an example of a contractor, knowing too well that contracts doesn’t come often should make other plans in getting other sources of income. By so doing, can use a discretionary income in buying bitcoin, using DCA methods. For me, once you’re working and earning, you can invest in bitcoin, no matter how little which also works along with determination and discipline

To be a common man, you do not need multiple sources of income. Because if you do good deeds and earn money in an honest way, you can also become a common man in the society.

If a person cannot manage his family properly with his stable income and at the end of the month or at the end of the week the financial condition becomes very bad and that person wants to invest if he cannot invest for money. Then that person can arrange another job if he wants. But he has to take care of his own physical condition. Because if he is not physically healthy, he is working extra to invest, then it will not be good for him. So first take care of whether you are healthy or not, then think about investing or think about the society. Because if you get sick while working extra, then after a while you may not be able to work anymore.
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Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Loyang
on 23/07/2025, 11:04:35 UTC
You should never think about ten years ago because at that time, risk could only bring success,

This makes little sense.  10 years ago there were similar kinds of concerns as there are now, yet we can see after the fact that investing into bitcoin ended up paying off quite well including that the more aggressively anyone invested into bitcoin (without overdoing it) then the better the payoff. 

Personally, I think that similar kinds of underlying principles continue to exist in regards to the more aggressive anyone invest into bitcoin (without over doing it) the likely better will be the future payoffs, 4-10 years or longer down the road.

It is also likely the slope of the upward curve is not going to be as steep into the next 10 years as it had been in the past 10 years, yet these days, the downside risk of the next 10 years seems to be less extreme, too.  When governments and large financial institutions are jumping onboard, it becomes harder to reverse courses... .not impossible to reverse but there is a certain value in the Lindy Effects that are created with bitcoin being in existence longer and seeming to ongoingly becoming stronger and stronger and stronger.

It is never too late to invest. It is always better to buy consistently. It is not possible to say what the price of Bitcoin will be in the next 10 years, but we can make an assumption that the price of Bitcoin may be more than $ 250,000. Because currently many countries are legalizing Bitcoin and using Bitcoin as a reserve. And the demand for Bitcoin is increasing in all those countries. We know how long Bitcoin mining will last and how many Bitcoins can be mined. The price of things that are in high demand and low in the market is always very high, such as Bitcoin. As time goes by, many people are getting familiar with Bitcoin and are expressing interest in buying Bitcoin. Considering all these aspects, it can be said that the price of Bitcoin can be much higher in the next 10 years. So, you should never think about the past and buy it and keep it for a long time.
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Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Loyang
on 23/07/2025, 10:53:12 UTC
5. Emergency Fund First. Always. I know we’ve been hearing this a lot here on this forum, in fact it was when I joined this forum I started taking my emergency fund more serious.. Bcus it’s one of the most powerful steps. Maybe built at least 1–3 months of your basic expenses in cash or stable value.
When you are building up the amount that you invested in bitcoin to be at least 3 months of your expenses, then during those times, you may well be in position in which it is preferable to build up the emergency fund and the bitcoin holdings at around the same pace, yet once your bitcoin reaches more than 3 months or more that you have put in of your expenses (it might have had grown through bitcoin appreciation too), then you are likely going to be putting your bitcoin at risk if you are letting your emergency fund have less than 3 months - including 1 month of your expenses seems really risky, even though surely guys are free to judge their own situation and to figure out their risk levels.  So many poor people get themselves into trouble because they fail/refuse to build anything close to a sufficient back up funds system, and then their bitcoin end up serving as their back up funds, which ends up leading to their having to sell some or all of their bitcoin at a time that was not of their own choosing, even when they could have had engaged in reasonable levels of back up funds that would have had saved them from such situation, so they end up having fun staying poor... and perhaps never being able to get back to the bitcoin position that they could have had or should have had with the establishment, keeping and maintaining of a bit more preventative precautionary measures in place, and adequate back up funds is one of them and not overdoing and/or shitcoining and/or trading (gambling) with their bitcoin is another those good practice measures that are likely even more important for poor people.
Yup, when one is building up their Bitcoin portfolio to be at least 3 months of expenses, it makes more sense to also build up their emergency funds and their Bitcoin portfolio at around the same pace. When the Bitcoin stash happens to exceed 3 months of expenses, (probably due to appreciation too), the Bitcoin is automatically at risk if the emergency fund is less than e months of expenses. I don't know but IMO, having less than 1 month of expenses in emergency funds kinda sounds pretty much of a big risk. This is why it's important for guys to always assess and evaluate their own personal/unique situation and figure out their risk levels.

It's important for guys to build up a solid and sufficient backup fund, and the reason why poor people often get into lots of trouble with their investment is because they mostly fail to acknowledge this fact, and then they end up dipping into their investment whenever a real financial emergency arises. And this mostly leads to them selling off their Bitcoins at times that wasn't initially of their choosing, and this can potentially keep them stuck in poverty, defeating their original plans of attaining financial freedom through Bitcoin. Having sufficient backup funds and also avoiding getting involved with certain risky practices, like overdoing it, indulging in shitcoin investment, or trading/gambling with Bitcoin is a great way to approach Bitcoin investment, especially for those who are poor investors. In order to avoid getting into financial troubles with their investments, it's very crucial to observe these precautionary measures.

Poor people might have ONLY a very narrow path of opportunities to get out of poverty, and if they spend several years building up something like a bitcoin portfolio, and then they end up screwing up their investment because of their own slopiness they might not be able to recover again... so there could be some poor persons who had spent one or two cycles building up his bitcoin holdings and he does not have much if any of an emergency fund, but then an emergency comes and his whole bitcoin is wiped out because his bitcoin was serving as his emergency fund. .and maybe if the BTC price is down at the same time as the emergency, he might never be able to recover from what he ended up losing.  Sometimes also just a bit of cash can get someone over the rough periods and to prevent a bad situation from becoming even worse because the onhand cash was able to cover the expenses until the person got back on course and started earning an income and/or maybe resolved some expenses.

Bitcoin is a savings that is kept for the future. If a person creates Bitcoin as an emergency fund, then he is making a big mistake. Because investments are made for a long term period such as 5 to 10 years. And we create an emergency fund to protect our portfolio. But there are some people who use Bitcoin as an emergency fund. If you are a person who does this, then he can find himself in many bad situations. For example

*If the price of Bitcoin decreases and then that person needs money, then he will have to sell it at a loss

*If he sells at a loss, then he will be behind in terms of money and then that person will have to take a loan.

*He will break down mentally a lot.

*He may blame Bitcoin, such as Bitcoin is fake etc.

Bitcoin is very risky, but not for everyone. Because I think Bitcoin is very low risk for people who can have proper knowledge about Bitcoin and hold their holdings for the long term. Bitcoin is very risky for people who invest in the short term or use Bitcoin as an emergency fund.
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Board Nigeria (Naija)
Merits 1 from 1 user
Re: Balancing Financial security and Bitcoin Accumulation
by
Loyang
on 21/07/2025, 11:38:18 UTC
⭐ Merited by JayJuanGee (1)
You are right, Fund management is very important in any type of investment, not just Bitcoin. You should go for any investment only after gaining complete knowledge about this subject. Investing in Bitcoin is a long-term process. If someone really wants to profit from Bitcoin, then they must prepare for long-term investing like at least 4 to 10 years. Having knowledge about financial management greatly reduces the chances of making mistakes after taking risks in such a long investment process. One thing to keep in mind, whet ever you invest $200 a week or $20 you must continue to invest regularly following the DCA method. And to maintain this accumulation of investments, you basically need to have a very good understanding of finance management so that you can determine the amount of discretionary income in line with your income as well as expenses. Many people do not have a fixed income every month or every week. In that case, they will calculate their own situation and determine a reserve fund and emergency fund. If the regularity of investing can be maintained for 4 to 10 years through funding management in this way, then it is certainly possible to get many times more profit than any other investment.

If you wait for complete knowledge to invest in Bitcoin, then it will not be the right decision for you. Because no one has ever achieved complete knowledge. A person does not need much to invest in Bitcoin, just basic knowledge about Bitcoin, faith in Bitcoin and a source of discretionary income. If a person has these things, then that person can invest immediately. If a person does not invest, then how will he gain experience. Along with investing, a new person can learn everything. It is necessary to start investing first. If a person delays investing for complete knowledge, then it will be a completely wrong decision.
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Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Loyang
on 21/07/2025, 11:24:14 UTC
Exactly, that  pressure to catch the train often leads people into bad decisions like overextending or misusing funds meant for something else. The beauty of Bitcoin's long term parabolic nature is that you don’t need to rush. Just stick to your own pace, DCA with what you can afford, and let time do the work. No FOMO, just patience.

A person should never think that he is too late to invest. Keep one thing in mind, if you know about Bitcoin today, you are much ahead of many people who are not aware of what Bitcoin is. So first you need to start investing and at the same time you need to reduce your extra expenses. So that you can invest more money. Always try to keep yourself stress-free so that you do not get too scared if you see a decline in the market. Hold your holdings for the long term, you can benefit in the future.
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Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Loyang
on 21/07/2025, 11:13:31 UTC
I don't really know if there is an alternative to the DCA method for buying Bitcoin. But I think the DCA method is the best. There is no point in wasting time wondering when the price of Bitcoin will go down or up, when we have learned from various sources about the huge potential and future of Bitcoin. Now we can invest in Bitcoin with fearlessness, confidence, and full confidence. But of course, we have to buy Bitcoin with a long-term plan. The price can sometimes go down a lot, at that time we have to be patient. My plan to hold Bitcoin is for 10 years from now. Whatever the price, the real objective should be to continuously buy Bitcoin and make our portfolio heavy. There is no loss even if it comes from $1000 to $50, as long as we don't sell. The thought of selling Bitcoin can never come to mind. When buying Bitcoin, I will use the word buy instead of the word sell for 10 years.
In fact, if the Bitcoin price drops, the DCA amount we use should be higher. For long-term Bitcoin investors, a price drop isn't a problem it's actually a good opportunity to buy more Bitcoin. So, you don't need to fear a Bitcoin price drop. As long as we invest long-term, our journey to accumulating Bitcoin doesn't need to be fixated or confused by the price. Because Bitcoin is an investment asset with a very clear cycle, there's no reason to be afraid of investing in it. Even if we roughly describe it, even though Bitcoin's price fluctuations are like erratic pencil strokes, Bitcoin will ultimately continue to experience price increases with each cycle. So, with this in mind, we don't need to be afraid of price drops or anything else when investing in Bitcoin. Essentially, we should focus on conducting DCA regularly, remembering our goals, and being more active in seeking additional income, so that our discretionary income will increase.

And one more thing, never wait for a price drop to buy Bitcoin. Because if you do that, you might regret it. So, stick to investing in bitcoin with DCA.

On the contrary you are seemly talking about buying the dip because the DCA we talk about has nothing to do with the Bitcoin price drops but a buying of Bitcoin without talking the whether the price drops or not, and for anyone who will attempt to increase the amount they will use to buy Bitcoin simply because there is price drops must have taken that in to consideration by making a provision for a reserve funds which they can use to buy the dip but for those who didn't make such plans then buying with is available is the best thing to do in other not to get carried away away by the dip they are seeing and get in to trouble of using money not meant to be use for buying Bitcoin to avoid struggling to sort out their important needs.
I think that you are not getting a clearer idea of what he was trying to say, he didn't disputed the fact that the DCA accumulating strategy is one Bitcoin accumulating strategy where you buys regardless of it price, what he was trying to say is that when accumulating Bitcoin through the DCA accumulating strategy and their is a drop in price, that's a perfect opportunity to buy even more in an aggressive manner, not that he is going to be waiting for the dip, but take note that before buying the dip, you must have a reserve funds in place to make it happen .

DCA is an investment method through which you can buy Bitcoin at all levels. With DCA method, you can buy Bitcoin at all levels of price. For example, you can buy every month or week or daily based on your discretionary income using DCA method.

When the market declines, you can buy aggressively. If you do not buy aggressively for reserve funds, then you may be making the wrong decision. You can buy aggressively based on your financial situation. If you do not have an emergency fund, then you need to create an emergency fund first. Because an emergency fund is created when you face a financial crisis, an emergency fund is created to deal with that crisis and keep your holdings risk-free.
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Board Economics
Re: Everything you wanted to know about Bitcoin Strategic Reserve
by
Loyang
on 20/07/2025, 03:01:11 UTC
Bitcoin's price has gone above $120,000, making it the world's 5th most valuable asset. We may see Bitcoin become the world's most valuable asset in a few days, and from now on, Bitcoin may break its own price record every time. Currently, Bitcoin has even left companies like Amazon, Google, and others behind.
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Board Nigeria (Naija)
Re: [Request] Report Unmerited Good Posts Here. OPEN
by
Loyang
on 19/07/2025, 10:46:36 UTC
1. Link to post: https://bitcointalk.org/index.php?topic=5546384.msg65599517#msg65599517
Sub board: main board
Description: reply
User: Loyang

2. Link to post: https://bitcointalk.org/index.php?topic=5548247.msg65585579#msg65585579
Sub board: main board
Description: reply
User: Loyang

3. Link to post: https://bitcointalk.org/index.php?topic=5495593.msg65427557#msg65427557
Sub board: main board
Description: reply
User: Loyang

4. Link to post: https://bitcointalk.org/index.php?topic=5543562.msg65389083#msg65389083
Sub board: main board
Description: reply
User: Loyang

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Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Loyang
on 19/07/2025, 09:35:27 UTC
Honestly speaking I don’t think there is anything wrong if an investor choose to invest all his discretionary income into bitcoin, considering that you have taken care of your expenses and you’ve an emergency and reserved funds, if I choose to invest all my discretionary income into bitcoin, instead of using it to extravagance lifestyle of buying cloths and during drinks and cigarettes and clubbing, at this point of my accumulation stage I think there is no need for such lifestyle.

I would prefer using my discretionary income to buy more Bitcoin and be more aggressive instead of using my discretionary income for some unreasonable and unrealistic activities.
Investing aggressively is good but to an extent, just as you have said if you have taken care of all your expenses and still got an emergency and reserve funds them you are good to go , you can invest aggressively into Bitcoin and stack up your portfolio instead of wasting your discretionary income in an unnecessary things that you may look back and regret tomorrow, but since Bitcoin is a long term investment I would advice you invest with your discretionary but not all so it won’t result to you selling it , you can just invest little by little and before you know it , you have got a good portfolio.
A person level of aggressiveness all depends on the amount of discretionary income available, they can’t go outside the line meanwhile if the backup fund is set it’s a free will to invest aggressively but, make sure you’re not doing too much when you need to save up more emergency and reserve funds alongside investing. One thing about buying aggressively it must not always be regular, honestly we have different financial crisis and yours is different from mine or unexpected situation just comes up reason we should invest knowing our capacity to further investing for a long period of time like 10 years plan.

Yes, I totally agree with you agreessive investment should not be done often because there is every possibility that you will run out of funds and once an Investor run out of funds it is going to be a very big problem. The only thing that should be carry out or done regularly or often is our DCA method while agreessive investment should be done once in awhile when we have saved up something big that will help us take advantage of the market. Anyone investor who doesn't understand this word investing agreessive might exceed their limit and one thing about investment is that once you exceed what you are suppose to..., you will see the consequences but a good investor can reduce the consequences by taking necessary actions.
We can’t really say to what level a person can be aggressive or how he can go about it. An Investor who has been investing half of his discretionary income into bitcoin for a while (6months -1year) he can decide to be aggressive by investing the full discretionary money or 90% of it consistently.
Aggressive buying is good and it’s better encouraged if you have the means to be aggressive. It makes you accumulate more bitcoin than you could have if you were buying whimply.

Each of us have our different financial strengths and capabilities, I can be as aggressive as I want to be and it wouldn’t be a problem but if Mr. A wants to be as aggressive as I am it might become a problem for him. So we are each responsible for how aggressive we can be and it should be under our financial capabilities.

How aggressive one is is a personal decision. But I think it is not right to be so aggressive that your portfolio may be at risk. Buying aggressively is not bad at all but if you buy aggressively and put your saved Bitcoin at risk then it can be a very bad decision for you.

Instead of buying aggressively all the time, if you follow your DCA method and continue to invest with 25% or less of your discretionary income consistently then it will be very good for you. With the amount of money you have left, you can buy aggressively when you see a decline in the market. Or if you have some kind of financial crisis then you can take money from there and overcome your financial crisis and if your financial crisis is not overcome then you can take money from your emergency fund.
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Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Loyang
on 19/07/2025, 09:20:16 UTC
It’s not entirely true. Bitcoin price is volatile so you can have profit as quickly as 1 day or shorter if you manage to purchase Bitcoin right before the price rally started.

It’s not necessarily true that you will only have profit on Bitcoin when holding long term while in fact Bitcoin price pump happened in spread time frame which means you can gain profit regardless how long or short you hold.


The price of Bitcoin is above $100,000 today. So what you mean is that the price of Bitcoin has not increased. Basically, the point is that we should never look at the price of Bitcoin and should always continue to buy. If you think that the price of Bitcoin has increased a lot, then you can never invest, so it is never right to look at the price of Bitcoin.

There is no guarantee that you will make a profit if you invest in Bitcoin. There are many risks in Bitcoin investment, but long-term investment is much less risky than short-term investment. If you can hold your saved Bitcoin for a long time, then you can make a profit.
Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Loyang
on 19/07/2025, 09:04:42 UTC
You're right only a persons discretional income should be invested in Bitcoin and not the other way round , investing an entire life savings in Bitcoin all at once is financial recklessness which could also lead to financial discomforts. When a person invest his entire savings in Bitcoin,at that point he's now financially vulnerable because he's empty without any funds to sort out his Bills and other of his necessary needs. Since he is a long term investor,there is no points pouring all of his funds at once in Bitcoin of which is very wrong from the starts. A smart thinking investor would only invest in Bitcoin appropriately without overdoing it or stepping out of his financial limits.
I agree with you, one of the most important things in Bitcoin investment is to invest with financial balance, if you invest aggressively, an investor will panic very easily, because when the market is down, that person will not only suffer from mental stress, but he may also make any wrong decision due to excessive panic. But if he continuously invests in Bitcoin through DCA, he will never panic during volatility, because he is increasing his Bitcoin holding at an average price through continuous purchases, so volatility will never scare him too much. So, before investing, you need to know about these volatility issues, and instead of deciding to invest aggressively, deposit Bitcoin in DCA through prudent income, and keep emergency funds ready to protect the investment in the long term.
I don't really understand what you mean by financial balance but it's most important when accumulating Bitcoin it should be done using only our discretionary income, accumulating aggressively is not bad over doing without considering the level of your discretionary is what makes it bad, and again an investor whose purpose to accumulate Bitcoin and hodl for long using his discretionary income don't need to panic when ever there is a decline in price instead he should use such opportunity to stack more bitcoin knowing that the price will increase again.

I agree with your statement here. The point is weather an investor is investing aggressively or not, just make sure you’re investing with your discretionary income and not the money meant to take care of your other financial obligations. An investor who chooses to be consistent in accumulating bitcoin either on a daily, weekly or monthly basis with his discretionary income is basically term as an aggressive buyer and nothing is wrong with that in as much as it does not affect his other financial obligations whereby he’s now finding it difficult to pay his bills and by so doing he tends to his bitcoin investment for his emergency funds then In that case such aggressiveness is not good.

When can we say aggressive buying? When we invest with our full or some less amount of our discretionary income, then we can call him an aggressive investor. But always buying so aggressively is not right at all. If you always buy aggressively, then you can put your saved Bitcoin at risk. For a new person, investing 5% to 25% of his discretionary income will be the right decision and it is very good to maintain the continuity of investment. For example, if you invest with your full amount, then if you face any kind of financial crisis, then your only option is an emergency fund. And if you invest 5% to 25% of your discretionary income, then you will have some money left and if you face any kind of financial crisis, then you can deal with that crisis with it.
Post
Topic
Board Nigeria (Naija)
Re: NO MATTER HOW HARD BITCOIN CAN BE AT THE LITTLE BEGINNINGS NEVER GIVE UPON .
by
Loyang
on 15/07/2025, 10:35:37 UTC
Bitcoin always looks tough at the earlier stage which if you are not courageous enough to keep pushing consistently you may end up giving up upon yourself but I'm here to encourage anyone or any newbies that has newly joined the forum should never give up because not good come easily.

Life is full of challenges so for you to get to the top all newbies should pick up the challenges and never to give up but try his possible best in building up his Bitcoin portfolio.

Since Bitcoin investments is all about futures investments all newbies should never be in hurry or think that will just joined Bitcoin today and tomorrow the will start making profit out of it, that mindset should be removed from the newbies because Bitcoin is not what you should be in a hurry but take it step by step and you will surely get to the top of it and enjoy in the years to come.

Yes, you have made a very nice comment. I am also a new person in this forum. I have read many comments related to investment and Bitcoin in the past few days. From here I have understood very well that investing in Bitcoin and holding your holding for a long time can make you a lot of profit in the future. Bitcoin is still in its early stages. If a person starts buying Bitcoin with some amount of money continuously from now on, then that person can make a lot of profit in the future. Those who are afraid to invest today may regret it a lot in the future.
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Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Loyang
on 15/07/2025, 10:26:36 UTC
You don't have to have it all before you start your Bitcoin accumulation journey, all you just need is a source of income where you can be getting your discretionary income from, and it's through there you invest from, so you don't necessarily need to have it all before you start, along the line you can work on a way to improve your finances so that you can be more comfortable while investing.

There are many people who are very afraid of investing, they think that everything is needed to invest, but this is not the case. It is important to start investing. Because when a person starts investing, he will understand for himself what he needs to maintain the investment.

You can invest only if you have a discretionary income to invest and you can learn all the things along with investing. Like what to do will be very good for your investment which will help you maintain your holding for the long term etc. It is important for a person to start investing. If a person does not start investing and thinks that a lot of things are needed to invest, a lot of money is needed to invest. A person who thinks all these things without investing can never invest.
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Topic
Board Nigeria (Naija)
Re: Research to improve your mindset.
by
Loyang
on 05/07/2025, 02:29:54 UTC
Yes sir you are right researching is a very good sign. Because if you want to do something then there is nothing wrong in doing research on that subject. You have to spend some time researching if you do that then you will get to know a lot of things and it will help you understand whether you are taking the right path or the wrong path. It is better to do research before committing to anything.
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Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Loyang
on 30/05/2025, 18:35:43 UTC
Being conservative should only amount to the level of doubt that anyone is having within themselves about Bitcoin investment, the question about not investing aggressively with a large portion of money should be ascertain if the money is not discretionary whereas if the money is discretionary income then it shouldn't be a problem in my opinion. I want know more about the early 2023 phase of the market you are talking about, like what exactly are you talking about the market?

The early phase of 2023 is the phase where the Bitcoin market is still in very bad shape and can be considered the best point for anyone who dares to buy Bitcoin because at that time Bitcoin is still quite close to the price of $15K or around $16K which means that it is a super decent price level for anyone to take advantage of in terms of buying as much as they can. I will show you a picture through what I see on tradingview so that you can have a pretty clear comparison when you want to compare the price of Bitcoin in early 2023 with the price of Bitcoin this year. Because at the end of last year there were also many people who regretted not daring to buy Bitcoin at the beginning of 2023 and that will not happen again this year for Bitcoin.

https://www.talkimg.com/images/2025/05/30/UXtz09.jpeg

The Bitcoin market is very volatile, you never know what will happen in the market. The market can fall at any time and the market can rise at any time. An investor should never look at the price. He should continue to buy continuously until he has accumulated a sufficient amount of Bitcoin in his portfolio. Hold it for the long term.
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Board Nigeria (Naija)
Merits 1 from 1 user
Re: [OPEN]Nominate your posts to get some Merit
by
Loyang
on 28/05/2025, 18:38:21 UTC
⭐ Merited by 1miau (1)
Bitcointalk Name: Loyang

Post link: https://bitcointalk.org/index.php?topic=5495593.msg65427557#msg65427557

Reason for sharing knowledge: Trading is not right and even if you want to trade, you need to learn how to do it
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Topic
Board Nigeria (Naija)
Merits 2 from 2 users
Re: As a newbie to crypto currency
by
Loyang
on 28/05/2025, 18:29:59 UTC
⭐ Merited by 1miau (1) ,Igebotz (1)
A person needs to learn for about 2 to 3 years to trade, in many cases many people cannot learn. There are many people who take a 2 month course and think that they have become a trader. When they trade with a demo account, they win a lot, but when they trade with a real amount, they lose. During trading education, it is necessary to keep the live amount for about 1 to 2 months and see the results. So that you can understand what happened in the market. And if you want, you can say to yourself that I took this up, if it goes up, then you have won. But winning by trading with a demo account is never a wise thing to do.

Trading is very risky, always try to keep yourself from trading. Find a stable source of income and continue to buy Bitcoin continuously and hold it for the long term.