A poor investor is accumulating Bitcoin to build a house !

[Odogwu-Blockchain]

You can do that without failure, you can reach your goal and you'll be happy you choose Bitcoin and make such decisions for yourself. But there is a problem if you have chosen this journey.

How strong is your source of income, are you on a standby source of income that can never fail in 10 years to come? Because that could be the major standpoint of this journey,

If your source of income is strong enough, congratulations, you have gotten a house in 10 years coming.

[Sammysmart001]

I am a poor investor who is regularly accumulating Bitcoin to build a house. I live in a rented house. I am living in the city in search of work and have hopes of buying a house. Buying a house in the city requires a lot of money. I am buying Bitcoin every week without depositing fiat to buy a house and I have set the period of this accumulate as 10 years. During this period, I have prepared to hold Bitcoin in any price trend. Because accumulating Bitcoin is better than accumulate fiat.

Don't think it is ridiculous. If a poor person makes the mental preparation to build a house through hard work and remains steadfast in his goal, his expectations will definitely be fulfilled. Increase your skills and try to change your destiny through hard work. Whether you are middle class or lower class, your expectations will be fulfilled.

Do you think I can do it?

That nice this not bad at all, it a vision. Allot of users uses their Bitcoin for bet or should I call it gambling for a quick money, but no instead you are using ur own to build a home instead that a bold step.

With Bitcoin currently price now you DCA accumulating plan for 10 years will be the best way in order for u to beat the high cost of living mostly our real estate in the city now a days. So personally I will suggest this three key for you to keep you going: Patience, Security comes first always and Keep on grinding for greatness. With all this three I see u becoming something great 😊.

I believe you can do this in the next coming years. We look forward to come and see the photo of the house. Lock it on bro!!!!

[Marvelockg]

Don't think it is ridiculous. If a poor person makes the mental preparation to build a house through hard work and remains steadfast in his goal, his expectations will definitely be fulfilled. Increase your skills and try to change your destiny through hard work. Whether you are middle class or lower class, your expectations will be fulfilled.

Do you think I can do it?

If Yiu put your mind at it and you're ready to be consistent in your investment, then why not? You can actually do it. There's nothing wrong about having an investment goal like getting a house because everyone has what he/she terms as his needs. To someone that has a house and isn't pressured to getting one, such goal might appear insignificant but for another that getting a house will make a lot of difference in his life, there's absolutely nothing wrong following such part and ensuring that you follow it up to the latter.

A genuinely poor investor is one that always gives reason why he's not invested in bitcoin rather than find a way to get started. At the end, it's your asset and it's only in your place to do with it now gat pleases you the most.

[RealNoblee]

I am a poor investor who is regularly accumulating Bitcoin to build a house. I live in a rented house. I am living in the city in search of work and have hopes of buying a house. Buying a house in the city requires a lot of money. I am buying Bitcoin every week without depositing fiat to buy a house and I have set the period of this accumulate as 10 years. During this period, I have prepared to hold Bitcoin in any price trend. Because accumulating Bitcoin is better than accumulate fiat.

Don't think it is ridiculous. If a poor person makes the mental preparation to build a house through hard work and remains steadfast in his goal, his expectations will definitely be fulfilled. Increase your skills and try to change your destiny through hard work. Whether you are middle class or lower class, your expectations will be fulfilled.

Do you think I can do it?

Obviously your aspiration to accumulate Bitcoin for ten years despite price fluctuations can actually fulfill your dream of earning and owning your choice house.
But you must understand that to keep this dream running and sustained, there must be a consistent income and a discretionary fund that will keep you going while you focus on the actualization of your dream.

Why this is very important is to avoid the temptation of selling out prematurely and regret you ever invested.

[Yorubek]

I am a poor investor who is regularly accumulating Bitcoin to build a house. I live in a rented house. I am living in the city in search of work and have hopes of buying a house. Buying a house in the city requires a lot of money. I am buying Bitcoin every week without depositing fiat to buy a house and I have set the period of this accumulate as 10 years. During this period, I have prepared to hold Bitcoin in any price trend. Because accumulating Bitcoin is better than accumulate fiat.

Don't think it is ridiculous. If a poor person makes the mental preparation to build a house through hard work and remains steadfast in his goal, his expectations will definitely be fulfilled. Increase your skills and try to change your destiny through hard work. Whether you are middle class or lower class, your expectations will be fulfilled.

Do you think I can do it?

Obviously your aspiration to accumulate Bitcoin for ten years despite price fluctuations can actually fulfill your dream of earning and owning your choice house.
But you must understand that to keep this dream running and sustained, there must be a consistent income and a discretionary fund that will keep you going while you focus on the actualization of your dream.

Why this is very important is to avoid the temptation of selling out prematurely and regret you ever invested.

If you enter the market with the right knowledge, along with a long-term plan, purchase small amounts of Bitcoin consistently, and patiently buy as much Bitcoin as you can during market volatility, hold on to it with confidence, and wait for the right time for a long time, you can expect long-term profits from Bitcoin in the future.

Bitcoin prices are volatile and fluctuate rapidly, but when you buy Bitcoin in small amounts with a long-term plan, the investment risk will be reduced and it will be easier for you to hold Bitcoin in the long term. It is true that a special fund is very important to complete the long-term journey properly, so that unknown dangers can be dealt with and the long-term journey can be completed properly. You don't have to sell Bitcoin quickly and you don't have to regret it. Buy Bitcoin with confidence, hold it patiently, and future success is expected.

[ZeroVinsonN]

Plans like this one are actually encouraging, you are not just accumulating bitcoin for accumulation sake, frankly that's what a lot of people are doing, keep accumulating and holding until one day they look at it and tell themselves they have done well, it's not a bad strategy but yours is even better, there is a target which means that there is a driving force behind it, if you ever feel like giving up you already have something to motivate yourself with and to keep pushing, if you can successfully accumulate and hold for 10 years I am sure you will still be able to accumulate and hold even after achieving your goal.

[cxtreenal]

The decision you have made is definitely feasible but there are many steps to take to get there. You have freely admitted that you are a poor investor and live in a rented house and are buying Bitcoin. Your steadfast belief in Bitcoin and the determination you have made to own a house through regular purchases is feasible. Accumulating Bitcoin is definitely a best decision compared to fiat because fiat depreciates due to inflation but Bitcoin holdings have a lot of potential for future appreciation. Perhaps if you can accumulate Bitcoin regularly for 10 years the amount of Bitcoin holdings you get will have a lot of potential for appreciation compared to the present and will meet your expectations. I would say that regular savings of Bitcoin should be done using discretionary income and through the DCA method.

As you gain experience in accumulating and investing in Bitcoin, you will be more aware of the various strategies for increasing your holdings, in which case you will be financially capable of buying more houses.

[Judith87403]

Plans like this one are actually encouraging, you are not just accumulating bitcoin for accumulation sake, frankly that's what a lot of people are doing, keep accumulating and holding until one day they look at it and tell themselves they have done well, it's not a bad strategy but yours is even better, there is a target which means that there is a driving force behind it, if you ever feel like giving up you already have something to motivate yourself with and to keep pushing, if you can successfully accumulate and hold for 10 years I am sure you will still be able to accumulate and hold even after achieving your goal.

I’ve also seen a similar story just like this one, I believe someone posted it here on the forum where a man (not a rich man) was also picking used cans just to raise money to accumulate bitcoin. And in a matter of years, with consistency and discipline, he was actually able to accumulate quite a sizable chunk of Bitcoin. And stories like these serves as a major source of motivation for folks who think that one needs to be rich first before they can invest in Bitcoin.

[Salahmu]

Everybody have big dreams in what they plan to build in the future and also what they have in mind to use but however what op has started is a way that a lot of people who doesn't understand would call a huge risk but however what someone has a believe on definitely work for them sometimes, so actually is not an exaggeration to have goal in owning a house through Bitcoin but however is a volatile coin that already has a price most person doesn't imagine having up to one of it and the amount to own a house could even be bigger than one Bitcoin so actually there are some goals that's better combining with other assisting plans so that before your Bitcoin investment is on the maturity state your other plans has done 40% of it.

[AYOBA]

I am a poor investor who is regularly accumulating Bitcoin to build a house. I live in a rented house. I am living in the city in search of work and have hopes of buying a house. Buying a house in the city requires a lot of money. I am buying Bitcoin every week without depositing fiat to buy a house and I have set the period of this accumulate as 10 years. During this period, I have prepared to hold Bitcoin in any price trend. Because accumulating Bitcoin is better than accumulate fiat.

Every plan start with the decision to try you will be successful if you can able to patience and void it according to your plan, because their is some that will seat and make a good decision but at the end of day they will won’t achieve anything due to lack of patience I hope you hold this your well because accumulating a Bitcoin that kind of year you stated earlier to can able buy what ever your mind deserves not only the houses, if a person can reach 10 years holding Bitcoin by then we hope the Bitcoin has over all time high not small profits the person will achieve.

[Rubuchi]

Every plan start with the decision to try you will be successful if you can able to patience and void it according to your plan, because their is some that will seat and make a good decision but at the end of day they will won’t achieve anything due to lack of patience I hope you hold this your well because accumulating a Bitcoin that kind of year you stated earlier to can able buy what ever your mind deserves not only the houses, if a person can reach 10 years holding Bitcoin by then we hope the Bitcoin has over all time high not small profits the person will achieve.

I honestly don’t see anything wrong with anybody who is trying to invest their bitcoin into building a house with it later. Let us  not make life more complicated than it is already. There is no any strict system that says you should not invest in thing or the other and that say you must only invest in a particular asset type. Building a house is not a bad investment to me and whenever I have the way to do that, I will definitely give it a chance. Houses don’t depreciate in value easily. I don’t see anybody who has investing in housing or real estate and not reap from it.

[ZeroVinsonN]

Plans like this one are actually encouraging, you are not just accumulating bitcoin for accumulation sake, frankly that's what a lot of people are doing, keep accumulating and holding until one day they look at it and tell themselves they have done well, it's not a bad strategy but yours is even better, there is a target which means that there is a driving force behind it, if you ever feel like giving up you already have something to motivate yourself with and to keep pushing, if you can successfully accumulate and hold for 10 years I am sure you will still be able to accumulate and hold even after achieving your goal.

I’ve also seen a similar story just like this one, I believe someone posted it here on the forum where a man (not a rich man) was also picking used cans just to raise money to accumulate bitcoin. And in a matter of years, with consistency and discipline, he was actually able to accumulate quite a sizable chunk of Bitcoin. And stories like these serves as a major source of motivation for folks who think that one needs to be rich first before they can invest in Bitcoin.

Prove that discipline and consistency will always pay, where a lot of people get things wrong is when they decide that because there is not certainty of success it's better to not bother with it at all, makes me wonder if there is any type of investment out there with a success certainty, as far as I'm concerned there isn't, we just have to hope for the best with this kinds of things, trust that your efforts will eventually pay off and just keep going.

[Hardyrobust]

Plans like this one are actually encouraging, you are not just accumulating bitcoin for accumulation sake, frankly that's what a lot of people are doing, keep accumulating and holding until one day they look at it and tell themselves they have done well, it's not a bad strategy but yours is even better, there is a target which means that there is a driving force behind it, if you ever feel like giving up you already have something to motivate yourself with and to keep pushing, if you can successfully accumulate and hold for 10 years I am sure you will still be able to accumulate and hold even after achieving your goal.

I’ve also seen a similar story just like this one, I believe someone posted it here on the forum where a man (not a rich man) was also picking used cans just to raise money to accumulate bitcoin. And in a matter of years, with consistency and discipline, he was actually able to accumulate quite a sizable chunk of Bitcoin. And stories like these serves as a major source of motivation for folks who think that one needs to be rich first before they can invest in Bitcoin.

Prove that discipline and consistency will always pay, where a lot of people get things wrong is when they decide that because there is not certainty of success it's better to not bother with it at all, makes me wonder if there is any type of investment out there with a success certainty, as far as I'm concerned there isn't, we just have to hope for the best with this kinds of things, trust that your efforts will eventually pay off and just keep going.

There are people that thinks that they achieved something meaningful without putting effort or perseverance. Most people love the quick way of getting things done and this is always very risky. Consistentency and discipline plays a big role in bitcoin investment.
The reason why most people don't invest in bitcoin especially for long term isn't because there is no guarantee of success at the end but rather they lack the discipline and patience to be able to hold bitcoin for that long.

[PhilosopherKing]

For Tinubu regime too build house no be chaise, it is a very expensive something to do. You say you no get work, for where your discretionary income go come from?

It is fabulous to have great expectations to do the impossible, when you dey do that make sure you get discretionary income to ongoingly invest,  make sure too say you get emergency fund wey you fit use safe guard your investment when emergency arrive

[icebar]

Plans like this one are actually encouraging, you are not just accumulating bitcoin for accumulation sake, frankly that's what a lot of people are doing, keep accumulating and holding until one day they look at it and tell themselves they have done well, it's not a bad strategy but yours is even better, there is a target which means that there is a driving force behind it, if you ever feel like giving up you already have something to motivate yourself with and to keep pushing, if you can successfully accumulate and hold for 10 years I am sure you will still be able to accumulate and hold even after achieving your goal.

I’ve also seen a similar story just like this one, I believe someone posted it here on the forum where a man (not a rich man) was also picking used cans just to raise money to accumulate bitcoin. And in a matter of years, with consistency and discipline, he was actually able to accumulate quite a sizable chunk of Bitcoin. And stories like these serves as a major source of motivation for folks who think that one needs to be rich first before they can invest in Bitcoin.

Prove that discipline and consistency will always pay, where a lot of people get things wrong is when they decide that because there is not certainty of success it's better to not bother with it at all, makes me wonder if there is any type of investment out there with a success certainty, as far as I'm concerned there isn't, we just have to hope for the best with this kinds of things, trust that your efforts will eventually pay off and just keep going.

There is no way to say that any investment is safe. Wherever money is invested, there will be risks. In the case of investment, the investor must choose the best platform. There are many investors who stray from their goals due to making the wrong investment. If an investor is consistent in investing in Bitcoin and continuously invests in Bitcoin, then the chances of that investor being successful in the long run are very high. Before investing, the investor must have faith. If he does not have faith in the investment, then he will not be able to invest consistently with discipline. Those who take risks and invest in Bitcoin will definitely be able to achieve their goals.

[ZeroVinsonN]

There are people that thinks that they achieved something meaningful without putting effort or perseverance. Most people love the quick way of getting things done and this is always very risky. Consistentency and discipline plays a big role in bitcoin investment.
The reason why most people don't invest in bitcoin especially for long term isn't because there is no guarantee of success at the end but rather they lack the discipline and patience to be able to hold bitcoin for that long.

It's just like to them the effort to invest in bitcoin with is too much, why go through that much effort when you can just do something that's less troublesome and pays you quicker, people barely make research on their own, they have a tendency to believe whatever they see online as long as it's promising them quick wealth, but once it's something the requires their time and patience it's becomes boring to them quickly and they lose interest almost immediately, until they understand that quick profits won't work then they won't be able bring themselves to make the right decision on what financial step to take.

[Charcol]

Yes, I think it is possible. Although Bitcoin does not promise 100%. However, I believe that if you can invest regularly and consistently from now on, with a long-term plan for 10 years or more, then it is definitely possible to buy a house. Many people have already made such plans and started investing. I applaud your plan. In addition to meeting your family needs, collecting small amounts of Bitcoin regularly can help reduce risk in the long run.

[Umulala-alala]

You can do that without failure, you can reach your goal and you'll be happy you choose Bitcoin and make such decisions for yourself. But there is a problem if you have chosen this journey.

How strong is your source of income, are you on a standby source of income that can never fail in 10 years to come? Because that could be the major standpoint of this journey,

If your source of income is strong enough, congratulations, you have gotten a house in 10 years coming.

Sometimes we don't need to have a strong source of income before getting started with your bitcoin investment, there are people who still good source of income but due to expenses and responsibilities involved he may not still have a discretionary income to invest with though to start up we need to have some thing that gives us money but doesn't mean we should have a good one, you can be investing and also increasing your source of income.

[Crakryptvest]

Hope this poor investor is ready to invest and Hodl, Bitcoin investment is not like every other investment, building a house with Bitcoin investment is a long-term plan, in this scenario that poor investor is involved, it means he is building his Bitcoin portfolio because he knows how valuable Bitcoin is, if he knows that, he should also be aware that getting such result will not an immediate something, he should prepare his mind for the journey ahead, his goal is achievable but it requires determination because waves may come in the acumulation stage, he should be prepared not to take out anything from his Bitcoin stash, because that's the only way he can get this done.

[Marykeller]

The moment your mind is made up about something, you can achieve it, to make it come through. Where the problem mostly lies is the level of consistency and hard work the person can put in. If it is what they can stick to, without losing faith and direction.

OP, you said you are a poor investor. I don't know how much you are investing every week that will make you build a house, considering the high price of Bitcoin and the cost of building materials. Remember, building a house in this current regime of Tinubu where everything has tripled is not quite easy. 10 million naira can't buy a land and build a standard house(flat) for someone today in Nigeria