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Question: Is $58000 the bottom?
Yes - 1 (33.3%)
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Author Topic: Hodl (Naija)  (Read 5323 times)
Princess Leah
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August 22, 2026, 05:24:55 PM
 #421

This is the reason why we advise people to stop waiting for the perfect time.  People that have been patiently waiting for Bitcoin to drop lower so that they can buy must be regretting now, because they just miss a good opportunity.

You are very right that people should not wait before they will invest in bitcoin, they can just go for NCA weekly or monthly and later be happy about it when the price of bitcoin go up. But it is not yet too late because bitcoin will later go all time high which means this recently increase is still small compared to what is coming in the next 2 to 3 years.

The price of Bitcoin constantly fluctuates which makes it  tough for someone to perfectly time it, so instead of waiting it's better start buying at any entry and utilize the DCA for consistency and hold for years. People who wait to buy at thd lowest point would end up being disappointed by volatility.

 No one is late in buying Bitcoin, we can see that it went higher above $100k and still gave people the opportunity to buy at $60k but that doesn't mean that people should wait till it drops that low, consistency is the best way anyone can comfortably invest with Bitcoin withoutbeing emotional when the price drops.

Chibit01
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August 22, 2026, 11:09:18 PM
 #422

You are very right that people should not wait before they will invest in bitcoin, they can just go for NCA weekly or monthly and later be happy about it when the price of bitcoin go up. But it is not yet too late because bitcoin will later go all time high which means this recently increase is still small compared to what is coming in the next 2 to 3 years.

We have a lot of opportunities for bitcoin value to increase in future, and it's not something for some to start complaining about or regretting why they didn't buy when the value was low, but they should get to work and start accumulating where they meet the price, as far as there is no limit to which bitcoin value can't cross everyone can make profit from the market no matter their entry price.
Karl_3000 (OP)
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August 23, 2026, 09:39:54 AM
 #423

Bitcoin price:
₦103,443,291 ($76,491 €65,450 £56,072).

I am just happy that people started posting very well again after bitcoin significantly pumped recently following. The US Treasury said they are going to double the buybacks of longer-term Treasury bonds from about $2 billion to $4 billion per operation which caused the price of bitcoin to increase significantly and making the price of other cryptocurrencies to also increase.

It is very good that bitcoin is a hedge against inflation.

sotelorene
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August 23, 2026, 09:57:55 AM
 #424

We have a lot of opportunities for bitcoin value to increase in future, and it's not something for some to start complaining about or regretting why they didn't buy when the value was low, but they should get to work and start accumulating where they meet the price, as far as there is no limit to which bitcoin value can't cross everyone can make profit from the market no matter their entry price.

Bitcoin is a great and nice asset to invest in and the potential is really great also. Anyone who is interested in Bitcoin investment should not look at the current price because it can make them not to invest considering the price. However, one can only make profit from Bitcoin investment if they have the long term mindset because if someone invest without the  long term mindset they won't make any profit so the price entry is not the problem but rather the problem is the duration of holding.











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Tongley
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August 23, 2026, 10:23:40 AM
 #425

This is the reason why we advise people to stop waiting for the perfect time.  People that have been patiently waiting for Bitcoin to drop lower so that they can buy must be regretting now, because they just miss a good opportunity.

You are very right that people should not wait before they will invest in bitcoin, they can just go for NCA weekly or monthly and later be happy about it when the price of bitcoin go up. But it is not yet too late because bitcoin will later go all time high which means this recently increase is still small compared to what is coming in the next 2 to 3 years.

The price of Bitcoin constantly fluctuates which makes it  tough for someone to perfectly time it, so instead of waiting it's better start buying at any entry and utilize the DCA for consistency and hold for years. People who wait to buy at thd lowest point would end up being disappointed by volatility.

 No one is late in buying Bitcoin, we can see that it went higher above $100k and still gave people the opportunity to buy at $60k but that doesn't mean that people should wait till it drops that low, consistency is the best way anyone can comfortably invest with Bitcoin withoutbeing emotional when the price drops.

People who wait for the right time and always regret it will never be able to profit from their investments or build a large portfolio. For example, they always wait for a fall and whenever the market falls, they wait for a bigger fall and when there is a big fall, they get scared and move away from the decision to buy. After that, whenever they see that the price of Bitcoin has risen again, they are interested in investing again and they regret the mistakes they made in the past.

If a person wants to build a portfolio from Bitcoin investment and if a person does not want to regret it in the future, then surely that person will continue to buy continuously. Continuous buying and being disciplined are the main elements of portfolio building

Karl_3000 (OP)
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August 24, 2026, 12:24:18 PM
 #426

Bitcoin price:
₦105,407,795 ($78,154 €67,007 £57,328).

For example, they always wait for a fall and whenever the market falls, they wait for a bigger fall and when there is a big fall, they get scared and move away from the decision to buy.
I do not think they get scared, but probably some of them might get scared. But if they do not get scared, after the bigger fall, they will want more fall. After more fall, they will think bitcoin will still fall until they notice that they have missed the opportunity. Instead they should buy at the time, they will not buying and bitcoin will increase more. This has happened to me before.

Abbatty
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August 24, 2026, 06:32:49 PM
 #427

We have a lot of opportunities for bitcoin value to increase in future, and it's not something for some to start complaining about or regretting why they didn't buy when the value was low, but they should get to work and start accumulating where they meet the price, as far as there is no limit to which bitcoin value can't cross everyone can make profit from the market no matter their entry price.

Bitcoin is a great and nice asset to invest in and the potential is really great also. Anyone who is interested in Bitcoin investment should not look at the current price because it can make them not to invest considering the price. However, one can only make profit from Bitcoin investment if they have the long term mindset because if someone invest without the  long term mindset they won't make any profit so the price entry is not the problem but rather the problem is the duration of holding.
I don’t know why people still feel they need to look at price before buying bitcoin, when DCA have made it very easy for everyone to invest in. You really don’t have to think to buy 1 bitcoin before investing, you can buy for as low as $5. All you need to focus on is getting a steady discretionary income and stay consistent With your accumulation.

Looking at the price only make you to procrastinate your investment. Bitcoin is a volatile asset so predicting it will always be difficult. We have seen a lot of people who in the name of waiting for the Dip end up not investing. Investors don’t predict the market, that for traders.

RockBell
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August 24, 2026, 07:47:47 PM
 #428

You are very right that people should not wait before they will invest in bitcoin, they can just go for NCA weekly or monthly and later be happy about it when the price of bitcoin go up. But it is not yet too late because bitcoin will later go all time high which means this recently increase is still small compared to what is coming in the next 2 to 3 years.

We have a lot of opportunities for bitcoin value to increase in future, and it's not something for some to start complaining about or regretting why they didn't buy when the value was low, but they should get to work and start accumulating where they meet the price, as far as there is no limit to which bitcoin value can't cross everyone can make profit from the market no matter their entry price.

And one advantage of bitcoin is that it provides you with good leverage in the future, which is one of the ways that things might improve even more if you can obtain a large enough quantity of what you own. Holding has been one of the simplest methods to keep bitcoin because it is the only way things can get substantially better. There are several reasons why people become frustrated with holding, and holding is the only method to benefit. There is no limit to holding, and one way to make things even better is to encourage everyone to strive to hold because the majority is constantly selling.

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August 24, 2026, 10:12:52 PM
 #429

We have a lot of opportunities for bitcoin value to increase in future, and it's not something for some to start complaining about or regretting why they didn't buy when the value was low, but they should get to work and start accumulating where they meet the price, as far as there is no limit to which bitcoin value can't cross everyone can make profit from the market no matter their entry price.

Bitcoin is a great and nice asset to invest in and the potential is really great also. Anyone who is interested in Bitcoin investment should not look at the current price because it can make them not to invest considering the price. However, one can only make profit from Bitcoin investment if they have the long term mindset because if someone invest without the  long term mindset they won't make any profit so the price entry is not the problem but rather the problem is the duration of holding.
Absolutely you are right Bitcoin is asset that can not be under rated it has the ability to generate one a normal life, so any investors that's are having a double thought should stop having that in mind we shouldn't be looking at the current price now even if the price is going up and down every day we shouldn't panic because no one can predict Bitcoin price one day Bitcoin might go higher which one we not expect and at end you starting blaming yourself why you haven't invested when the is low. So if one has the opportunity to accumulate Bitcoin now that is going up and down because bitcoin changes one's life  Bitcoin is volatile it stand as a future purposes.
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August 25, 2026, 08:09:46 AM
 #430

Bitcoin price:
₦107,541,76 ($79,800 €68,449 58,517).


BluebloodCXVI
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August 25, 2026, 04:55:37 PM
 #431

Bitcoin price:
₦107,541,76 ($79,800 €68,449 58,517).

Bitcoin was just quiet for a minute there, then suddenly, boom!! it jumps from 62k to 80k; goes to show you just how unpredictable the market is.

Anyway, the move is encouraging in a certain sense, but Bitcoin still seems to be far below its $126k record that happened in October 2025.

And considering how quickly the rally happened, i feel like there might still be a strong possibility of a short term pullback in the market so don’t let us get to excited too quickly yet.

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August 25, 2026, 05:00:15 PM
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 #432

We have a lot of opportunities for bitcoin value to increase in future, and it's not something for some to start complaining about or regretting why they didn't buy when the value was low, but they should get to work and start accumulating where they meet the price, as far as there is no limit to which bitcoin value can't cross everyone can make profit from the market no matter their entry price.

Bitcoin is a great and nice asset to invest in and the potential is really great also. Anyone who is interested in Bitcoin investment should not look at the current price because it can make them not to invest considering the price. However, one can only make profit from Bitcoin investment if they have the long term mindset because if someone invest without the  long term mindset they won't make any profit so the price entry is not the problem but rather the problem is the duration of holding.
I don’t know why people still feel they need to look at price before buying bitcoin, when DCA have made it very easy for everyone to invest in. You really don’t have to think to buy 1 bitcoin before investing, you can buy for as low as $5. All you need to focus on is getting a steady discretionary income and stay consistent With your accumulation.

Looking at the price only make you to procrastinate your investment. Bitcoin is a volatile asset so predicting it will always be difficult. We have seen a lot of people who in the name of waiting for the Dip end up not investing. Investors don’t predict the market, that for traders.
One thing about procrastination is that , it doesn't end well. guys will say the current price of Bitcoin is too high , so they want the price to dip before they can start investing. Even when price luckily gets to targeted level of months of waiting, they might not still buy, instead they will say price should show sign of bullishness before they can start with their accumulation. They will continue doing this , till they completely miss out investing into Bitcoin. Waiting for the perfect is not good, to them , it is a wise decision but later they realised that the decision is wrong. There's no perfect time or price in investing, the current price in which the market is might the perfect time for someone to begin their investment. If they figure out their discretionary income, implementing DCA strategy gives them opportunity to accumulate Bitcoin at any given price comssistely.
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August 25, 2026, 10:59:52 PM
 #433

Bitcoin was just quiet for a minute there, then suddenly, boom!! it jumps from 62k to 80k; goes to show you just how unpredictable the market is.

Anyway, the move is encouraging in a certain sense, but Bitcoin still seems to be far below its $126k record that happened in October 2025.

And considering how quickly the rally happened, i feel like there might still be a strong possibility of a short term pullback in the market so don’t let us get to excited too quickly yet.
Bull run can be  like this. When bull run wants to begin, you will see bitcoin first fall like how bitcoin fell from $60000 which was the support for some months before it was later broken and bitcoin went further down below $58000. Anytime the bull market will begin, I have noticed something like this to happen.

But the rise is too much this time truly, I also think the price of bitcoin might fall back, but we do not know if it will get below $60000 again. If bitcoin get to $60000 this time again, people should expect any further price fall will result in a significant increase in the price.

This rise has been huge as there was a huge volume and the fear greed index change from fear to greed very fast.

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Karl_3000 (OP)
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August 27, 2026, 09:56:34 AM
 #434

Bitcoin price:
₦107,792,845 ($80,080 €68,772 £58,979).

Bitcoin is increasing back above $80,000, maybe it want to increase more. It will be good if bitcoin can increase above $83000 which some people are seeing as a very good price that can make bitcoin go above $90000 later.

Is bitcoin in the bull market right now or there will be a pullback later?

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August 27, 2026, 12:37:14 PM
 #435

Aside to hold bitcoin for long period seff, instead of make person save for fiat i go advice make e leave the money for bitcoin because the way fiat dey devalue na something of great concern. I just pity those people wey still dey pack money dey go full their banks,
You know most time people aren't really educated enough to know about Bitcoin, and that is why they still pack money In fait, most times they try to save in other country currencies like $ because of inflation the inflation in their country is worse than than that of the other country. so they try to save in there, meanwhile if they know well about Bitcoin and trust it then they will definitely want to invest. Nevertheless we all should tell more people about Bitcoin especially those your friends that have some good amount of money.

Saving money in dollars instead of Bitcoin investment. That is totally personal as per keeping ignorant about Bitcoin, lack of information about Bitcoin and also situations. Some chose what is best known to them (savings in dollars) while others decides to trying that authentic revolution available and reliable (BTC HODLing). As for situations, it's better to save in dollars the money that you have already envisage the usage, that's money that you are going to be using very soon say in six months time even , this is because of Bitcoin volatility.

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August 27, 2026, 01:27:58 PM
 #436

Aside to hold bitcoin for long period seff, instead of make person save for fiat i go advice make e leave the money for bitcoin because the way fiat dey devalue na something of great concern. I just pity those people wey still dey pack money dey go full their banks,
You know most time people aren't really educated enough to know about Bitcoin, and that is why they still pack money In fait, most times they try to save in other country currencies like $ because of inflation the inflation in their country is worse than than that of the other country. so they try to save in there, meanwhile if they know well about Bitcoin and trust it then they will definitely want to invest. Nevertheless we all should tell more people about Bitcoin especially those your friends that have some good amount of money.

Saving money in dollars instead of Bitcoin investment. That is totally personal as per keeping ignorant about Bitcoin, lack of information about Bitcoin and also situations. Some chose what is best known to them (savings in dollars) while others decides to trying that authentic revolution available and reliable (BTC HODLing). As for situations, it's better to save in dollars the money that you have already envisage the usage, that's money that you are going to be using very soon say in six months time even , this is because of Bitcoin volatility.

While saving dollars is a personal decision, investing in Bitcoin is one of the best decisions you can make for your own financial well-being. Accumulate Bitcoin through discretionary income from whatever form you receive your salary locally. You can keep the funds that you will need within 6 months in any form. I agree with you that it is better not to accumulate Bitcoin with that fund. With that I would recommend you to accumulate Bitcoin with a partial amount, if not the full amount of your discretionary income. Having Bitcoin holdings is a better decision than not having Bitcoin.

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August 27, 2026, 02:26:31 PM
 #437

Aside to hold bitcoin for long period seff, instead of make person save for fiat i go advice make e leave the money for bitcoin because the way fiat dey devalue na something of great concern. I just pity those people wey still dey pack money dey go full their banks,
You know most time people aren't really educated enough to know about Bitcoin, and that is why they still pack money In fait, most times they try to save in other country currencies like $ because of inflation the inflation in their country is worse than than that of the other country. so they try to save in there, meanwhile if they know well about Bitcoin and trust it then they will definitely want to invest. Nevertheless we all should tell more people about Bitcoin especially those your friends that have some good amount of money.

Saving money in dollars instead of Bitcoin investment. That is totally personal as per keeping ignorant about Bitcoin, lack of information about Bitcoin and also situations. Some chose what is best known to them (savings in dollars) while others decides to trying that authentic revolution available and reliable (BTC HODLing). As for situations, it's better to save in dollars the money that you have already envisage the usage, that's money that you are going to be using very soon say in six months time even , this is because of Bitcoin volatility.

While saving dollars is a personal decision, investing in Bitcoin is one of the best decisions you can make for your own financial well-being. Accumulate Bitcoin through discretionary income from whatever form you receive your salary locally. You can keep the funds that you will need within 6 months in any form. I agree with you that it is better not to accumulate Bitcoin with that fund. With that I would recommend you to accumulate Bitcoin with a partial amount, if not the full amount of your discretionary income. Having Bitcoin holdings is a better decision than not having Bitcoin.

As the bitcoin raises suddenly this days, even having or saving in dollars form has no use since nothing is increasing, if not in bitcoin.  So deciding wisely is the most important thing,  knowing which coin to invest your money on is very paramount and the newbies should always knows that, not all money you can invest into bitcoin and hold, invest only discretionary income into bitcoin and holding it for long-term period. Also settling all your commo needs is also important in order to avoid being forced to sell, it's not all about having or owning a bitcoin only, but building a Bitcoin position gradually is much more better.  Those that that didn't mke a smart move some months ago would have been regretting why they refused to invest, while wasting thier time waiting for the perfect price entry before doing the necessary things, investing in Bitcoin has no perfect time,even investing now is still a perfect entry fir those that has a long-term holding mindset.

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Karl_3000 (OP)
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I’m drunk on bitcoin


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August 28, 2026, 11:22:26 AM
 #438

₦106,900,797 ($79,657 €68,390 £58,618).

Saving money in dollars instead of Bitcoin investment. That is totally personal as per keeping ignorant about Bitcoin, lack of information about Bitcoin and also situations. Some chose what is best known to them (savings in dollars) while others decides to trying that authentic revolution available and reliable (BTC HODLing). As for situations, it's better to save in dollars the money that you have already envisage the usage, that's money that you are going to be using very soon say in six months time even , this is because of Bitcoin volatility.
I prefer to save my money in bitcoin sometimes, especially when the market is very bearish and it has been long and bitcoin is no more showing sign of falling more. If it fell more, I will know that it will rise again. Almost all my savings are in bitcoin. But doing this at the wrong time can make you sell your bitcoin when bitcoin is falling so much. But I do have 50% of the money that I am spending monthly in naira.

cxtreenal
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August 28, 2026, 01:49:34 PM
 #439

Those that that didn't mke a smart move some months ago would have been regretting why they refused to invest, while wasting thier time waiting for the perfect price entry before doing the necessary things, investing in Bitcoin has no perfect time,even investing now is still a perfect entry fir those that has a long-term holding mindset.
There is no one right time to start investing in Bitcoin, every moment is right for Bitcoin. The market is currently going through a rise or fall but after a long correction period, this rise has created a great opportunity for new investors who did not believe that Bitcoin would reach another ATH and probably have a strong chance of doing so within this year. Don't say fooled those new investors who have not started Bitcoin due to lack of discretionary income, they may be waiting for an opportunity, that opportunity is a price drop, but the best time for every investor to accumulate Bitcoin is when he has additional funds available. They are the smart and wise ones who consider every period of Bitcoin's price as an opportunity to accumulate Bitcoin and accumulate Bitcoin regularly.

Karl_3000 (OP)
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I’m drunk on bitcoin


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August 29, 2026, 10:04:15 AM
 #440

🇳🇬 ₦104,225,371 ($77,672 €67,062 £57,391).

There is no one right time to start investing in Bitcoin, every moment is right for Bitcoin.
This is very true, there is no perfect time to buy bitcoin, NCA can be used instead to buy bitcoin. Many people have said it is a good way of buying bitcoin and I accepted it because I tested it myself.

Also bitcoin is making it back to all time high is another thing.

But I still decided not to buy bitcoin at times, but just hold fiat and buy bitcoin later. When bitcoin got to ₦134,186,575 ($100,000) in the last bull run, I stopped buying it. I started buy it again when it fell below $70000.

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