Hodl (Naija)

[Sonia_123]

It is better you hold and keep accumulating bitcoin than fiat or trading it because it will come to a period where everyone in the world will want to invest and have a share of bitcoin.

It is better you start investing without delay and continuously build up your investment because for now, bitcoin has being the only financial backup most citizens rely on to avoid devaluation of fiat if being invested since fiat cannot to be trusted, bitcoin also brought financial sovereignty to the world's economy.

Therefore keep accumulating and holding unto bitcoin for a long-term for good reward over fiat.

[Achalugo BTC]

It is better you hold and keep accumulating bitcoin than fiat or trading it because it will come to a period where everyone in the world will want to invest and have a share of bitcoin.

It is better you start investing without delay and continuously build up your investment because for now, bitcoin has being the only financial backup most citizens rely on to avoid devaluation of fiat if being invested since fiat cannot to be trusted, bitcoin also brought financial sovereignty to the world's economy.

Therefore keep accumulating and holding unto bitcoin for a long-term for good reward over fiat.

Hodling Bitcoin is very beneficial, though the journey might not be easy to start, as its easily said but difficult to do it. But, if one is determined and patience enough to keep accumulating despite how unstable the market can be. Also, setting the goal to be for long-term purposes, its actually the best and they should not make choices based on the opinion of their friends or anyone, but based on their confirmation and also, have other sources of income to help them on their journey of hodl.

[Abbatty]

It is better you hold and keep accumulating bitcoin than fiat or trading it because it will come to a period where everyone in the world will want to invest and have a share of bitcoin.

It is better you start investing without delay and continuously build up your investment because for now, bitcoin has being the only financial backup most citizens rely on to avoid devaluation of fiat if being invested since fiat cannot to be trusted, bitcoin also brought financial sovereignty to the world's economy.

Therefore keep accumulating and holding unto bitcoin for a long-term for good reward over fiat.

Hodling Bitcoin is very beneficial, though the journey might not be easy to start, as its easily said but difficult to do it. But, if one is determined and patience enough to keep accumulating despite how unstable the market can be. Also, setting the goal to be for long-term purposes, its actually the best and they should not make choices based on the opinion of their friends or anyone, but based on their confirmation and also, have other sources of income to help them on their journey of hodl.

Honestly holding for a long period of time is not something that is easy but then that why some portfolio are created to make the journey a bit stress free. Like when you using the DCA strategy it allows you to invest with the little you can afford so it doesn’t put you in a difficult position, and also since you using you your discretionary income you are always able to attend to your needs.

Every successful bitcoin holding always need emergency and reserve funds so if you can have these funds available your holding becomes more secure and stress free, because even when you are in difficult times you don’t get to touch your holdings.

[DPHOR]

For me I mostly holds some of my percentage in bitcoin and whenever I get earned I move it to my storage wallet where I wouldn't just go into it to touch it that way. As we all know that last year bitcoin broke out the price of 126k and currently this 2026 bitcoin has dropped from 126k to nearly about 55 percent loses, meaning anyone who invested right when it was around ATH are facing loses. To me it would be better to keep doubling since the price has dropped to around 55 percent, so when you hold and keep doubling you would see your dividend when the market trying to create out new ATH again. Holding for at least 5 years above could be more better than jumping up and down of the market without them focusing on your investment.

[Achalugo BTC]

Honestly holding for a long period of time is not something that is easy but then that why some portfolio are created to make the journey a bit stress free. Like when you using the DCA strategy it allows you to invest with the little you can afford so it doesn’t put you in a difficult position, and also since you using you your discretionary income you are always able to attend to your needs.

Every successful bitcoin holding always need emergency and reserve funds so if you can have these funds available your holding becomes more secure and stress free, because even when you are in difficult times you don’t get to touch your holdings.

Exactly, DCA method is the best method for one to successfully hodl for a long period of time, as it makes the journey stress - free, though its actually not easy and that's why majority of people don't really want to hodl and even if they do, not for long period of time. Also, I agreed with you, holding with the amount they can afford to lose helps too and importantly, having extra source of income is useful and help, as it support their journey by sorting out their emergency without having to end their journey half way.

[Karl_3000]

Bitcoin price:

₦86,712,839 ($63,756).

It is only those that didn't invest with their discretionary income that will push into selling at there bitcoin during this dip period or those that are afraid of losing their money.

You are right but it can be difficult for a new bitcoin holder to continue holding after seeing the price of bitcoin falling so much, what it take to continue holding is more than just discretionary income. There was a time I was holding bitcoin with just my discretionary income, when I was losing, I sold my bitcoin. It was later I finally realised that I should have in mind not to sell. I went to my bitcoin wallet setting to disable the naira estimation price, I am now only seeing bitcoin which also helped me. Another one that helped me was that I finally know that bitcoin is a store of value, its price will later increase back.

[cxtreenal]

Honestly holding for a long period of time is not something that is easy but then that why some portfolio are created to make the journey a bit stress free. Like when you using the DCA strategy it allows you to invest with the little you can afford so it doesn’t put you in a difficult position, and also since you using you your discretionary income you are always able to attend to your needs.

Every successful bitcoin holding always need emergency and reserve funds so if you can have these funds available your holding becomes more secure and stress free, because even when you are in difficult times you don’t get to touch your holdings.

Exactly, DCA method is the best method for one to successfully hodl for a long period of time, as it makes the journey stress - free, though its actually not easy and that's why majority of people don't really want to hodl and even if they do, not for long period of time. Also, I agreed with you, holding with the amount they can afford to lose helps too and importantly, having extra source of income is useful and help, as it support their journey by sorting out their emergency without having to end their journey half way.

The obstacle to DCA for long term Bitcoin accumulation is the lack of discretionary income. The reason for this lack of DCA consistency is a lack of patience and the inability to have an emergency fund. If you can identify the downsides of long term investing, it will be easier for you to prepare accordingly.
The purpose of accumulating Bitcoin through discretionary income is to limit the risk to a large extent because the remaining funds after all household expenses are met in line with your income, and you are accumulating Bitcoin from that.

[PostQuantumBTC]

The reason for this lack of DCA consistency is a lack of patience and the inability to have an emergency fund. If you can identify the downsides of long term investing, it will be easier for you to prepare accordingly.

Some people will have emergency fund but they will prefer to leave it in naira, but if bitcoin has fallen very well, you can put it in bitcoin. It is very possible that you want to write discretionary income instead of emergency fund because emergency fund is used for emergency purpose, it is not for DCA but discretionary income can be used to DCA.

[Tongley]

The reason for this lack of DCA consistency is a lack of patience and the inability to have an emergency fund. If you can identify the downsides of long term investing, it will be easier for you to prepare accordingly.

Some people will have emergency fund but they will prefer to leave it in naira, but if bitcoin has fallen very well, you can put it in bitcoin. It is very possible that you want to write discretionary income instead of emergency fund because emergency fund is used for emergency purpose, it is not for DCA but discretionary income can be used to DCA.

Our emergency fund and other funds are made from our discretionary income sources. It is not a good idea to make an emergency fund or a reserve fund from our income sources. These funds are made from our discretionary income sources.

It is never a good idea to keep our emergency fund in Bitcoin. Because the Bitcoin market is very volatile, it is impossible for anyone to say when the market will fall. As you said, buy during the fall and keep Bitcoin in it. But we can never say how much the market will fall. When we face an emergency situation, if the market goes down or falls, then we will have to face a loss and sell it. It is always necessary to keep our emergency fund in a stable place like Dollar. Keeping it in Bitcoin will never be a good idea.

[Jaycoinz]

The reason for this lack of DCA consistency is a lack of patience and the inability to have an emergency fund. If you can identify the downsides of long term investing, it will be easier for you to prepare accordingly.

Some people will have emergency fund but they will prefer to leave it in naira, but if bitcoin has fallen very well, you can put it in bitcoin. It is very possible that you want to write discretionary income instead of emergency fund because emergency fund is used for emergency purpose, it is not for DCA but discretionary income can be used to DCA.

Our emergency fund and other funds are made from our discretionary income sources. It is not a good idea to make an emergency fund or a reserve fund from our income sources. These funds are made from our discretionary income sources.

It is never a good idea to keep our emergency fund in Bitcoin. Because the Bitcoin market is very volatile, it is impossible for anyone to say when the market will fall. As you said, buy during the fall and keep Bitcoin in it. But we can never say how much the market will fall. When we face an emergency situation, if the market goes down or falls, then we will have to face a loss and sell it. It is always necessary to keep our emergency fund in a stable place like Dollar. Keeping it in Bitcoin will never be a good idea.

Your emergency funds wey you get na from your discretionary income which you don talk wella but we need to know what this emergency funds money dey used for because so many people fit dey confuse am with another thing entirely. As we know say the journey of life is very complicated and nobody dey ever plan for things to reach them and when those things Dem occur, our emergency money wey we keep go help us from tampering with our Bitcoin holdings.

[GoldBitcoin112]

Though the salary scheme of Nigeria workers is very little but one thing I should encourage us doing is that, if your mined is still in Bitcoin investment never give up, use the DCA method and buy Bitcoin aggressively using your descretionary income with your monthly payment I think that alone can go a long way ,than you didn't even start, thinking it's too cost and expensive , start from somewhere and believe that your dream, never undermine the poor salary earnings, the most important thing here is what did you do with it ,it sound good when you invest with it than you didn't,  in not distance time the rewards of your efforts will gladly be received by you , so nomatter what still manage the little salary earnings and still invest.

[Hypnotizer]

Some people will have emergency fund but they will prefer to leave it in naira, but if bitcoin has fallen very well, you can put it in bitcoin.

Emergency funds are for emergencies not for investment and I consider it very wrong to use your emergency funds for investment no matter how low the price of that investment has fallen because emergency funds isn’t that huge after all and using it for investment purposes might actually cost you losses in case of any emergency situation they might arrive.

It is very possible that you want to write discretionary income instead of emergency fund because emergency fund is used for emergency purpose, it is not for DCA but discretionary income can be used to DCA.

Discretionary income is what you should use for either DCA NCA or lump sum buying during the dip, you should always be mindful of how you manage your portfolio so as to achieve your goals and allocate every penny to what it was meant for..

[Karl_3000]

Bitcoin price:
₦87,640,643 ($64,432).

It is never a good idea to keep our emergency fund in Bitcoin.

It is not a bad thing either if the person know what he is doing, should we experiment it to see that emergency fund in bitcoin is not a bad thing? I can start saving $10 in bitcoin every week to prove this, not that all the money will be lost like someone is trading but bitcoin price will increase and get to all time high, making me to later gain than losing. But if bitcoin price has increased so much, I will not do it but wait until the price fall again. As of this time that bitcoin has fallen to $64500, I can begin it. Naira will be like the money is not falling but I trust bitcoin that I know the direction it is going than to trust naira.