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Showing 20 of 128 results by ruykeri
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Board Nigeria (Naija)
Re: [Request] Report Unmerited Good Posts Here. OPEN
by
ruykeri
on 26/07/2025, 01:49:39 UTC
1.Link to post: https://bitcointalk.org/index.php?topic=5546384.msg65611442#msg65611442
Sub-board: Main board
Description: Opinion
User: ruykeri


2. Link to post: https://bitcointalk.org/index.php?topic=5546384.msg65613710#msg65613710
Sub-board: Main board
Description: Opinion
User: ruykeri

3. Link to post: https://bitcointalk.org/index.php?topic=5547694.msg65614745#msg65614745
Sub-board: Main board
Description: Reply
User: ruykeri

4. Link to post: https://bitcointalk.org/index.php?topic=5551066.msg65616853#msg65616853
Sub-board: Main board
Description: Reply
User: ruykeri

5. Like to post: https://bitcointalk.org/index.php?topic=5546384.msg65622004#msg65622004
Sub-board: Main board
Description: Opinion
User: ruykeri

   
Post
Topic
Board Beginners & Help
Re: 🔥 Whale.io [CHALLENGE] Run A Bitcoin Node: 14 Days To 14 Merits
by
ruykeri
on 25/07/2025, 18:10:03 UTC
Day 9

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Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
ruykeri
on 25/07/2025, 18:03:17 UTC
If you're on Bitcoin investment for the long term you will understand that there's no reason to worry about current price. When it dip you can increase your accumulation, when it recovers and rallies you're in profit, it's a win win for you. This is why DCA method is highly recommended for investors that have long term investment goals, keep buying till you reach your future target.
That's a huge advantage because not everyone sees the benefits of buying BTC that way Furthermore, buying BTC even at a high price, as is happening these days is a win-win because when we project into the future, we'll realize it will have been worth it.

It's a given that BTC will reach a price of at least $200K in the near future and will continue to grow, and the effort we've made to buy it right now will be greatly rewarded, Who sees it that way?

You always have to plan your BTC investment long-term Even buying short-term can yield profits if market conditions turn in your favor That's why buying moderately is a win-win situation in the best investment in the world BTC.


There are many people who think that the current price of Bitcoin is too high, they are not thinking about the future, they are only worried about the short-term price, but if they had thought a little about the possible future of Bitcoin and followed the opinions of Bitcoin experts, they would definitely have invested without considering the price. Those who think that today's price is too high and are waiting for the price to drop, they will regret it in the future, because Bitcoin can go far beyond this level in the future, which is why they will regret for not investing at this price. Bitcoin is gaining widespread acceptance in the current world, everyone is accumulating Bitcoin as much as possible according to their ability, so the price of Bitcoin may increase greatly in the future, so every investor should continue to invest based on long-term prospects without worrying about short-term price, then this can definitely bring him very effective results.

You are right.Those who are currently hesitant about investing may be thinking that if the price of Bitcoin drops a little in the future,They are not really investors, their plans are more like traders.Those who think about investing for the long term never think about the price because it is at least accurate to say that as the years go by, the acceptance of Bitcoin will continue to increase and its value will continue to increase. Many people are sitting around without investing, hoping that the price of Bitcoin may drop significantly in the future.Because in the past, the price of Bitcoin has been seen to be much higher at the end of 2022 than previous year 2021 .I have detailed this in my post below.

https://bitcointalk.org/index.php?topic=5546384.msg65600938#msg65600938

Comparing the current Bitcoin position with the previous Bitcoin position will not work.The popularity of this has increased the rate in the last three or four years that has not been seen in even 10 years before 2020 .So even if the price of Bitcoin goes up or down in the future, its float will always increase.So, if you have some money left over from all your expenses, you can start investing regularly in Bitcoin for a long time  though a small amount of money.
Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
ruykeri
on 25/07/2025, 17:39:27 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.

You are absolutely You should only invest in Bitcoin if you have discretionary income.Although Bitcoin has become a much more profitable investment space over time..But since its price fluctuates very quickly, we should invest here for the long term and this is what all the discussions are about here.

And before investing in Bitcoin, you must have a proper understanding of Bitcoin.What is most important is fund management.  It is important to ensure that there is a regular cash flow.Then, after the reserve fund emergency fund is created, regular survivors will have to invest in Bitcoin only after a long time.And it is very important to maintain the right balance between daily expenses, emergency funding, reserve funding, and the money that is being invested in Bitcoin.
Post
Topic
Board Economics
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
ruykeri
on 25/07/2025, 14:18:02 UTC
Michael Saylor's Strategy will raise $2.474 BILLION to buy more bitcoin .

BM

Institutional Bitcoin investments have continued throughout this year, with MicroStrategy, Metaplanet, Semler Scientific, 21Capitals, the Blockchain Group...all of these highly popular institutions continuing to increase their Bitcoin investments. So Michael Saylor's announcement of investing in Bitcoin is not surprising at all, as this year is the year of Michael Saylor.

Michael Saylor thinks Bitcoin could be worth $13 million within the next 20 years This is not at all unusual because judging by the rate of growth in recent years. this could happen. And that's probably why he started spending billions of dollars holding Bitcoin.



https://x.com/saylordocs/status/1948738461491417248
Post
Topic
Board Economics
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
ruykeri
on 25/07/2025, 11:30:43 UTC
Michael Saylor says, #Bitcoin will “become the largest asset in the world in the next 48 months


In my opinion, the future economy will change a lot through Bitcoin.
And now Bitcoin has established itself as the world's most valuable digital currency.



https://x.com/BitcoinNews21M/status/1948698428143243592
Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
ruykeri
on 25/07/2025, 11:22:54 UTC
Post
Topic
Board Beginners & Help
Re: 🔥 Whale.io [CHALLENGE] Run A Bitcoin Node: 14 Days To 14 Merits
by
ruykeri
on 24/07/2025, 18:09:32 UTC
Day 8

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Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
ruykeri
on 24/07/2025, 17:32:56 UTC
You are right.I think next month we might see Bitcoin at 130,000 because we saw the new ATH this month. But we may expect that Bitcoin can reach 1 million after the next six or seven years because seven years ago or on this day in 2018 Bitcoin was worth 7716 dollars but after seven years the price has reached 123,000. In words 7700 and where is 123,000. Did we ever think that Bitcoin would be worth this much? So let's think about what Bitcoin's price could be after the next seven years. This shows that Bitcoin has huge potential but need to be patient.
No one expected this in the past, because Bitcoin was not so popular in the past and the world's famous companies did not buy Bitcoin, so there was not such a big expectation in the past. But currently Bitcoin has become very popular and has spread all over the world, the world's famous companies have invested, where MSTR company has accumulated more than half a million Bitcoins, which they have no plans to sell, their plan is only to accumulate. The supply of Bitcoin is limited, but in the future the demand for Bitcoin will increase a lot and affect the supply, so over time the price of Bitcoin will increase a lot. Slowly the whales will capture a large part of the supply of Bitcoin, so we have to seize the opportunity while we have time. So you just hope that in the future it will not be just one million, but several million dollars, it is just a matter of time.

Not just Bitcoin if the supply of anything is limited, then its demand naturally increases. However, Bitcoin's popularity is not only due to its limited supply or increasing demand. The biggest reason behind this is that Bitcoin can be traded completely independently. There is no third party or intermediary intervention. Additionally Bitcoin is currently the most privacy-friendly digital currency, preserving users personal financial freedom. The price of Bitcoin has fluctuated a lot, but it has been evident from the beginning that its value has increased many times over a long period of time. Analyzing the growth over the last 10 to 15 years, it can be seen that the valuation of Bitcoin has increased more and hundreds of times. The way it is currently growing in popularity, its price could increase many times over in the future. We cant even imagine how high the price of Bitcoin will be in the next 10 years. Bitcoin is still at a point where ordinary people can buy it in small amounts if they want. Suppose someone starts buying and accumulating a certain amount of Bitcoin on a regular basis, that is still possible. But in a few years, the price of Bitcoin may be out of reach for the common man, making it difficult for those who want to invest. In my opinion, the current price is still much lower than the future. So if someone starts buying Bitcoin regularly from now on, following the DCA method, then he will definitely benefit a lot in the future.
Post
Topic
Board Nigeria (Naija)
Re: Hodling your savings in naira na total loss.
by
ruykeri
on 24/07/2025, 09:36:38 UTC
The government is printing Naira as it pleases, as per its needs, and the country's inflation rate is increasing day by day. This is not just a problem in our country. Inflation can also be observed in the economies of many countries around the world. The more money you print for no reason, the more the value of the money will decrease. If the more the value decreases, the more inflation will increase. We know that Bitcoin is limited to 21 million no more BTC will be added. And the demand for anything limited is increasing day by day, so the demand for Bitcoin will also increase even more in the future. Bitcoin now holds its position as the world's most valuable digital currency. To get an idea of what Bitcoin's price might be in the future, you can look at its growth over the past 15 years.
 


https://x.com/stats_feed/status/1947874060118938079?t=XNqJ3NOtyltwFvEgMhEL9Q&s=19

If we think about the world, there are about 8 billion people in the world and out of them, there are only a few people who have an idea about Bitcoin and some people are directly involved in investing. One day, when everyone will know about the progress and benefits of Bitcoin, its value will increase many times over. I think BTC is much less expensive now than it will be in the future. Therefore, we should strengthen our assets by investing in Bitcoin by regularly following the DCA method from now on. For the life security of ourselves and all our family members  if any investment can yield the highest profit in the future, it is Bitcoin.



https://x.com/Bitcoin_Teddy/status/1947766649891049939?t=gaRfPdv2-nyp74-pVatPfQ&s=19
Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ruykeri
on 24/07/2025, 07:23:23 UTC
Yes I agree with you, waiting for the price of Bitcoin to dip is a waste of time because we don't know when it will dip and how low the dip will go. In as much as buying during the Dip will be beneficial and great it is advise not to wait for it but rather use your discretionary to accumulate and at same time prepare for the Dip. Whether you are familiar with Bitcoin or not, as an investor you should take advantage of the market when there is dip that is if you have been preparing or if you have prepared for it and as an investor also don't forget to stay away from the dip when you didn't prepare for it because you might mess up your holding.
Buying during a dip is a great opportunity for an investor. You don't need to wait to take advantage of this opportunity. Because waiting for the thunder of a dip is nothing but a waste of time and you are doing nothing but delaying your investment. Focus more on consistent investment and be prepared for a dip market. Or enjoy every moment of the market and keep buying as much as possible. The best move would be to continue buying regardless of the price of Bitcoin.

Investing in Bitcoin is a psychological game. If you can control your mind, have the ability to control emotions, and along with that, you can think logically in decision making only then it is  possible to get something good.  If you invest or sell Bitcoin just following the market trend and timing it will never bring good profit . If someone starts investing with discretionary income and follows the DCA method, they may feel that they should invest a little more when valuations are low. , then he can put little money as a fund from the discretionary, and later, when he feels the price has dropped relatively, he will buy Bitcoin from that extra funding. This also ensured the continuity of buying Bitcoin on a regular basis according to the DCA method, and also achieved the goal of buying at the depth he had intended. But of course, I always give more importance to investing in Bitcoin on a regular basis. If you follow the DCA method, no one will worry about whether the price of Bitcoin has decreased or increased, he just invests regularly to reach his desired goal.

I think Bitcoin is a digital asset. People create any kind of wealth for future security. For example, someone deposits money in a bank, someone builds a house, someone sets up a business and money will come from there regularly as profit. And they will live off that profit when they lose their job or the regular income they are currently receiving stops. especially when they get older, they will be able to cover all their expenses with the profits they expect from their investments. Now the thing is, wherever you invest, there is risk. But the profit is much less compared to the risk in any other business. But if you invest only in Bitcoin for a long time, its profit will be many times higher. Which we can understand by looking at the status of Bitcoin over the last 10 years. If someone can own 10 Bitcoins by investing regularly over the next 10 years, they can live off of a minimum annual withdrawal of $50,000 without having to do any other work. This will be the best way of future security .
Post
Topic
Board Economics
Merits 1 from 1 user
Re: Everything you wanted to know about Bitcoin Strategic Reserve
by
ruykeri
on 24/07/2025, 03:45:04 UTC
⭐ Merited by JayJuanGee (1)
For the first time, the USA is going to publish their crypto report.
It is expected that there may be an update on the STRATEGIC RESERVE.. Maybe they will reveal some big plans.
We are waiting for July 30th.




https://x.com/pete_rizzo_/status/1948082777867378900
Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
ruykeri
on 23/07/2025, 18:47:48 UTC
⭐ Merited by JayJuanGee (1)
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.

Same way most people who recently began investing are wishing they started 10 years ago is the same way people who are still procrastinating now would wish they started earlier too in 10 years upwards, if you take a look at the figures you'll see that it's still earliy compared to what we all hope it would be like in the next time years, if they picture bitcoin at $1m or above in 10 years from now then the investor who started recently would stop wishing they invested in the past but take their current investment seriously.

 You'll hear people say it's not too late and they're right afterall cause if one could start now an hold till 10 years time when bitcoin probably gets past $1m then they won't even feel they missed the opportunity earlier investors of about 2011 to 2020 had cause they too would've made lots of profits in 10 years from now whether they're very aggressive with their investment or not.

I completely agree with you. Most people think that the value will DIP and then they will buy. I think the value that Bitcoin has now is in the DIP end.. because it doesn't seem like it will drop any further. Bitcoin may reach a price around 150k in the next 4 to 5 months. Those who start investing then will think that if they had started 4 months ago, they would have definitely made more profit. Actually, it's true that you have to think about a lot of things before making a decision. but if he will think that he will invest if the price of Bitcoin drops, they will not be able to continue investing for 4 to 10 years according to the DCA method. When the price increases significantly, they will sell their BTC. But if you invest patiently for 10 years or so, the profit would be much higher. Investing in BTC using the DCA method is much more profitable than any other investment. Now, more important than how much money he starts investing with or how much BTC he buys and starts HODLing is how early he decides to start investing in BTC and how long he will continue investing for. I think that every moment is the right time to invest in Bitcoin. As the days pass, the more profits we will lose.
Post
Topic
Board Beginners & Help
Re: 🔥 Whale.io [CHALLENGE] Run A Bitcoin Node: 14 Days To 14 Merits
by
ruykeri
on 23/07/2025, 18:20:20 UTC
Day 7

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Post
Topic
Board Nigeria (Naija)
Re: Igebotz Merit Rank Up Thread v.1
by
ruykeri
on 23/07/2025, 18:13:48 UTC
Rank: Jr.Member to Member
Need Merit  to rank up: 1
Thank you in advance
Post
Topic
Board Nigeria (Naija)
Re: Was unemployment part of your Bitcoin/crypto journey?
by
ruykeri
on 23/07/2025, 18:04:41 UTC
In fact, education ultimately has little to do with getting a job or earning an income.Now, jobs are generally obtained through skills.Many people are joining various types of jobs through people they know.Now the thing is there are many people who have completed their graduation, but despite having sufficient skills, they are not getting jobs.There could be many reasons for this.Maybe there are fewer jobs for the type of work he knows.Or he is not getting the job he wants.But for whatever reason, if you are not getting a job, then you should develop yourself as an entrepreneur. If he has some money saved up, he can start with a small business if he wants. then, as he gradually gains experience, he will expand the business.So it is better to do something instead of just sitting around for a job. Any type of business, in which it is possible to make a profit with a small investment  that type of business should be done.Then, if the income continues to come, if his money starts coming in regularly from that business  after that, if he has more money after spending all the money he needs to run his life , Then if he wants, he can invest in Bitcoin from that income, little by little.If you invest regularly, you can definitely expect good profits after a long time. So instead of just sitting around for a job, you should start by doing something small.



https://x.com/saylor/status/1894386938381271163
Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
ruykeri
on 23/07/2025, 12:25:21 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.
That’s honestly the harsh reality… and it hits deep. People don’t talk about this enough. For someone who is already struggling financially, building a Bitcoin portfolio takes a lot of discipline and sacrifice. So imagine after years of grinding, stacking little by little, then one emergency shows up and boom, they have to sell their Bitcoin at the worst possible time, maybe even at a loss. That kind of thing can break someone mentally and financially.

And like you said, for people in that kind of tight situation, they don’t get unlimited chances. One wrong move or slip up could wipe out years of effort. That is why having even just a small emergency fund on the side is so underrated. It does not even have to be much, just enough to give you breathing space when life hits. That alone can be the difference between bouncing back or falling off completely.

I feel like too many people try to copy what rich investors are doing without realizing they don’t have the same safety net. Rich guys can take a hit and still be fine. But if poor, you’re walking on a thin rope, and one misstep can cost everything.

Those who have some extra money left over after meeting all their monthly household expenses, family members' needs, and other needs and that person regularly deposits money into a savings or reserve fund and gradually increases it. In that case, if he has any extra income, he may consider investing that extra portion in Bitcoin. But for a person who is struggling to run his family, I think investing in Bitcoin is not that easy. You have to invest in Bitcoin for the long term. Because the price of Bitcoin fluctuates from time to time. But if you hold it for a long time, you can get good profits. It must be 10 years or more. Because in the past, it has been seen that the price of Bitcoin has decreased a lot, but it has turned around with time. Bitcoin's valuation fluctuates with any major or minor event in the world.
The way Bitcoin's valuation is progressing now, the price could drop a little in 1-2 years due to any kind of event. But I don't think Bitcoin's valuation will drop much now . the chances of that happening are very slim. So now the point is, for those who don't have any money left after their monthly expenses, who don't have any reserve funds, don't have any emergency funds  for them investing in Bitcoin is much more risky. Now imagine that the price of Bitcoin is $118k. One year later, for some reason, the price of Bitcoin drops by 30%. And at that time, the person who has no emergency fund, no reserve fund, and even no savings, will need the money for some major need. He will have no choice but to sell Bitcoin. So he will be forced to sell Bitcoin at a loss. But if he was financially secure, had a reserve fund, an emergency fund for at least 3 months of expenses  then of course he could have continued investing as he regularly did, without selling Bitcoin. And besides, he could solve any kind of emergency financial problem for himself or his family. Therefore, it is very important to have your own financial stability before investing in any type of investment, not just Bitcoin. As a result, there is no need to sell Bitcoin before achieving the desired goal of investing in Bitcoin.
So in my opinion, the things to keep in mind before investing in Bitcoin for the long term using the regular DCA method are:

1.Of course, he must have a regular income, the amount of which should be such that at the end of the day, apart from all his expenses, he has some money for investing. And He cannot have any large debts to anyone.

2.The price of Bitcoin fluctuates a lot, and sometimes it can even go down a lot  you have to be mentally prepared to accept all this. Sometimes, when the price drops significantly, many people panic, and then if it rises again, they immediately want to sell Bitcoin . you should refrain from making such decisions.

3. Investing in Bitcoin must be done for the long term which will be for a period of 4 to 10 years. You should invest on a regular basis from your discretionary income, following the DCA method.

4. He must have a reserve fund and an emergency fund, so that he can meet all kinds of incidental expenses including his family in adverse times and can also continue investing in Bitcoin. The emergency fund should be kept for 3 months.
Post
Topic
Board Beginners & Help
Re: 🔥 Whale.io [CHALLENGE] Run A Bitcoin Node: 14 Days To 14 Merits
by
ruykeri
on 22/07/2025, 18:10:49 UTC
Day 6

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Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
ruykeri
on 22/07/2025, 17:48:50 UTC
without money, there is no way that you can invest in bitcoin, so the best thing is for anyone to have a job so that when you start from there, because there is no other means that will be accepted when you have a means of earning,  but when you don't have a means they how do you even invest so one of the best things to start with is for you to get a job then you will notice that that way you will be able to use the dca method easily because without funds there i no way you can do the dca.

And it depends on the kind of income you are getting, because when you are investing good money same way you will get good return so the money that is going in to buy matters a lot. After all, when you don't invest well then the returns will be small when you are not finacially stable then it will be better to figue things out before investing.

To invest, a person can invest by doing any work, whether it is daily wage, job or business.To invest, it is necessary to have a source of discretionary income. If your source of discretionary income is from a job or working as a daily wage, then you can still invest if you want. If you are working and if you cannot get the meaning of discretionary income from it, then you may not be able to maintain the continuity of your investment. Therefore, you need to have the importance of proper financial management.

Bitcoin is very risky, there is no guarantee that you will be profitable if you invest. However, the possibility of profit is much higher in the case of long-term investment. Therefore, we can never say that we will be profitable if we invest.
you are actually every correct, Without that, it’s nearly impossible to commit consistently especially with strategies like DCA dollar cost  averaging low,  some many  people want to rush into crypto without first securing their financial base. Getting a job or stable source of income is the first real step. Once that’s in place, then you can think long-term, invest wisely, and actually see meaningful returns. smart money starts with smart planning.



I think at first someone have to draft out everything even though all of them may not be possible but one good thing in life is to have hope and work towards that particular thing. So I think before getting a job one ought have calculated how he or she is going to go about Bitcoin investment because if you don't have this thought before getting a job that will be giving you income then it will be difficult for that person to think about later so everything is planning and not just planning but planning well. There are people with a stable and good source of income but they are not into Bitcoin investment because they never had a thought about Bitcoin before they got the job.

That's exactly the case.If you don't have money, there's no question of investing.And if someone doesn't have money, they won't think about investing like fools.Why is it important to first know how to manage funds properly when investing in anything, even just Bitcoin?First of all, he must have an income, whether it is daily income or monthly income. He must have a regular flow of income.It is not enough to just have a regular income, but to have enough income to support himself and his family members with food, clothing, education and security.In addition, he can save some money for the security of his family and his own life, he can keep some money as a reserve fund.If he has some money left after doing all this, that's when he can think about investing.He will think about how and where to invest, and after gaining a lot of knowledge, he will start investing towards a desired goal.Now everyone thinks it would be too risky to invest in just one road.So, if he wants, he can invest in any kind of business according to his mentality and freedom.However, all types of investments carry some risk, some more, so it is very important to have a sufficient understanding of the subject before making any investment.However, I personally think that investing in Bitcoin is more profitable than investing in any other sector, although there is certainly risk here.And to mitigate this risk, we are asked to invest in this credit income through a regular process over a long period of time using the DCA method.
When you buy Bitcoin regularly with a certain amount of money over a long period of time, you will eventually reach your specific goal.Investing in Bitcoin can yield several times more profit than investing anywhere else.The longer you invest, the more profit you will make. I think it will continue to grow at a geometric rate.Because if you do a little research and see what stage the world economy is currently in, you will definitely be forced to give importance to Bitcoin.The world's leading economists, major institutions, and even the heads of the world's most powerful countries are holding Bitcoin and using it as a security for their countries and their institutions.We, the common people, should not think according to the way of investing of the world's big institutions or person .We need to understand that we will buy Bitcoins for a particular long period of time with some money in regular bills and when we lose our jobs and our income Source  stops Then we will manage our lives by withdrawing Bitcoins to do whatever we need.If you can invest more regularly from now on, then 10 years from now it will be possible to get a lot more money with a small amount of Bitcoin.Because it is expected that the price of Bitcoin will cross 1 million 10 years from now.At that time, your small accumulation of Bitcoin will become a very large asset.You have to keep in mind that Bitcoin is currently the most valuable digital currency in the world.It is called digital gold, so gold is always valuable. Although its price fluctuates, at the end of the day, Bitcoin will definitely bring valuable profits to everyone.We have to have faith, but it must be logical faith.
Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
ruykeri
on 22/07/2025, 13:22:27 UTC
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.
Since we are using discretionary income to accumulate bitcoin, there's no problem if an investor decides to invest aggressively in bitcoin all the time because he is using the money that is not meant for his expenses to invest in bitcoin, and he can use his discretionary income the way that pleases him. Investing aggressively in bitcoin has been discussed so many times on this thread and on the buy the dip and hodl thread, but it seems a lot of members are still misunderstanding the concept of investing aggressively in bitcoin. Investing aggressively in Bitcoin isn't only when you use $200 or $500 to accumulate Bitcoin; as far as you are consistent in accumulating Bitcoin weekly or monthly with $5, you are investing aggressively in Bitcoin because that is your level of aggressiveness, and you aren't also overdoing it.
Many people don't understand aggressive investing. They may think that pouring in more money means aggressive investing, which in reality is not the case. But the reality is that an investor can be aggressive by controlling his risk, that means, if he invests all his discretionary income, it is an aggressive investment, but it is not risky. As a result, the investor will be able to grow his Bitcoin portfolio. There are some investors who wait for the dip as a strategy. If they do not do that, but use their discretionary income money regularly over the long term, then he will be able to build a good portfolio. If the investor invests more than he can afford, it will certainly be acceptable ‍and he will definitely be able to acquire a large portfolio of Bitcoin in the future.
Investing aggressively in Bitcoin isn't that bad if you are doing it within your discretionary income, what's bad there is that some Investors tends to invest in Bitcoin aggressively and get carried away by start investing with money that is meant for their upkeeps, that is where it's wrong, if you are investing aggressively within the range of your discretionary income and your emergency and reserve funds are in place you have nothing to worry about because it's the right thing you are doing especially if you are still lagging behind in your accumulation journey, so in essence of what am trying to say is that accumulating Bitcoin aggressively is not a terrible idea if you are doing it the right way, where the problem are is when you are investing more than the discretionary income you have,  that's where the problem is.
 

I agree with you because if someone invests all of their discretionary income in Bitcoin regularly, then it can be called aggressive investment by definition, but according to the person who is actually investing , it may not be feel like him as  aggressiveness . People think that investing aggressively in Bitcoin is very risky, but the main theory here is that the investment is made from discretionary income.  If there is any income outside of those expenses of a person  then it is called discretionary income. Another thing to know is that if he saves some money in  every month as a savings ,reserve fund  and other. After this kind of spending money in every month, then the remaining part after deducting all these expenses is understood as a discretionary income . He can do whatever he wants with the money outside of this daily life spending money , and it won't be a problem for him to live on. 

If anyone invest 100% of his discretionary  income in bitcoin it wont be risky for him because this money  is separate from his daily expenses like savings , reserve fund and emergency fund also. But if he puts all of his total wealth into one specific business then it could be very dangerous for him  because he is investing  all of his income and assets in one place.
Now the question may arise what is the probability of profit or loss in Bitcoin? If you look at the statistics of the last 10 years, you will get a clear idea about this. if you are basically invest for a long time, regularly, that could be more than 10 years by using DCA method . it will be way better than any other investing.  The longer you invest, the more likely you are to make a profit. Now Bitcoin has reached a point where it is that the price of Bitcoin may not huge drop in the future. In my thinking bitcoin price will not be under $100,000 in future . Now is the time to think like this “I intend to invest in Bitcoin for the next 10 years using the DCM method. I should think about how much more times profit I will get compared to  total investing  after 10 years''.