How are you investing in bitcoins now?

[Coin_info]

I recognize that it is a strategy that many of us have to invest in Bitcoin with little amount of money that we earn occasionally but considering the economy and how tough things have become due to inflation which is rising the cost of living, what kind of adjustments have you made so you will be able to maintain the fixed amount of money that you invest in bitcoins.
Abi you dun adjust the amount wey you dey put for bitcoins? How you dey do am?
I go like make una share tips on how you dey manage yourself so you fit still fit dey invest in bitcoins as you dey do.

[Doan9269]

We have to be logical about our intention on investment, in a situation where we consider a decentralized digital asset over a centralized asset which we can invest in, we already know how many people have been investing in some of these physical assets and the risk associated with what they are doing. At the same time, bitcoin has served an alternative to digital currency and assets of investments if we choose to go for it and learn how to invest in it for our profitability, we can choose to make use of any strategy as our own personal pattern for investing to make everything more convenient for us to do, because bitcoin has made it all easy for everyone to invest and still control their assets by them so without depending on the third party or any centralized institution.

[Primark]

I think flexible DCA is more convenient than fixed amount in terms of investment. It can be best not only at the present time but also at all times. However, in the current situation, one should try to reduce unnecessary expenses. By reducing unnecessary expenses and accumulating small savings, one can create a good investment amount.

[Finebone]

I recognize that it is a strategy that many of us have to invest in Bitcoin with little amount of money that we earn occasionally but considering the economy and how tough things have become due to inflation which is rising the cost of living, what kind of adjustments have you made so you will be able to maintain the fixed amount of money that you invest in bitcoins.
Abi you dun adjust the amount wey you dey put for bitcoins? How you dey do am?
I go like make una share tips on how you dey manage yourself so you fit still fit dey invest in bitcoins as you dey do.

The truth about this Bitcoin investment matter be be say,  the amount wey I dey use no dy consistent because some week end, I go use #20k which is almost $15, while some times wey the week stew for me, I dy use #30k upward or more, and even some weeks, I no dy invest anything at all because the charging of phone business wey I dy do, dey very lucrative only when nepa seize light.
So what I dy talk all this is that, investment should be done base on your own financial capabilities and reality, because no where Dem write am say you must use this or that amount use invest in Bitcoin, you invest base on your discretionary income available at that particular time.

[Frankolala]

You mustn't use a fixed amount to DCA when you cannot afford it. You should use whatever, amount of money that is your spare cash to DCA. What matters is your consistency and not how much you are using to DCA. Don't forget thay sometimes, your monthly expenses and needs will be higher and in other months lower making it somehow, difficult to invest wit6a fixed amount of money. Only if you want to invest with the amount of money that you cannot afford to lose.

[Zackz5000]

An investor should think of increasing his source of income because the country is now you can manage to cut down things we do because everytime some many things comes up, but there is a way an investor can still be accumulating Bitcoin with the little money with them, the DCA strategy can actually help in accumulating Bitcoin gradually it's not a must that you should accumulate all the time with the DCA strategy you can accumulate either every weeks or months just depending on when an investor has his discretionary income available.

[Gozie51]

This is why the best way to save money is by investing it. To diversify your income source you won't feel the pressure of inflation that much and you will keep your btc DCA going. However, diversification on a lucrative business area is what should matter and not just rushing into any kind of business.

 But personally for now, I think the price of bitcoin has not shown clear direction of where it is going and that is why to invest at the moment may not be a steady input.

[Shadiq]

I change the amount of investment every month. After receiving monthly/weekly salary, keep spending until you get salary again. Choose the amount of money for investment from the amount of money you have after spending in the previous month. In this way, you may not have much difficulty in adjusting the investment with real life. In the month/week when your spending is more, your investment will be less in that month, and in the month when your spending is less, the investment will be more in the month. But you must avoid unnecessary expenses.

If you want to struggle with the current financial instability, then this strategy can be effective. Instead of setting a budget at the beginning of the month, you can be frugal and plan an investment plan with the remaining money. Even if there is no budget, you have to calculate each expense, waste cannot be done at all.

[Itz-prisigold]

You mustn't use a fixed amount to DCA when you cannot afford it. You should use whatever, amount of money that is your spare cash to DCA. What matters is your consistency and not how much you are using to DCA. Don't forget thay sometimes, your monthly expenses and needs will be higher and in other months lower making it somehow, difficult to invest wit6a fixed amount of money. Only if you want to invest with the amount of money that you cannot afford to lose.

Yes, it does make sense to DCA with what you can afford,  but the problem with just using whatever spare cash is that,  you can actually become inconsistent if you don't really have a very good plan,  the real benefit of DCA is not just showing up when you do have extra cash, it is about being consistent, week after week or month after month,  no matter how big or small the amount is.

It is very understandable that you might lower the amount in some weeks,  because some weeks might be tough and some weeks might be easy,  but in the long run having a plan or a target will help you stay disciplined.  Otherwise, DCA could become “invest when i feel like it” and that can actually kill the whole purpose of building a long term position.  Consistency is very important,  and having a plan will be even more  beneficial than just throwing spare cash.

[Pablo-wood]

Investment has never been convenient. Just the same way person dey squeeze funds even when e no plenty invest na the same wey we still dey run am now. If i wait till e plenty before I invest I go old without any tangible investment to my name. This Bitcoin investment journey na one journey we dey test how much we fit sacrifice our luxury lifestyle just to secure the future. E no easy to do at all but person no get choice but to adjust even if na to sacrifice expensive dress or accessories.

[Donneski]

Every investment must have an intention for you to succeed in it. When you invest with intent, you make decisions that might not be temporarily favourable but will be very beneficial to your long-term goals. DCA has always been my bitcoin investment strategy and to use DCA, you must not necessarily attach a fixed amount. Since I have a target of the amount of bitcoin I need to acquire at a particular given time, I buy using DCA with different amounts. The amount I use for each DCA is largely influenced by my current financial disposition but I try my best to buy as much as I can, sometimes to the detriment of immediate comfort.

[Obim34]

I recognize that it is a strategy that many of us have to invest in Bitcoin with little amount of money that we earn occasionally but considering the economy and how tough things have become due to inflation which is rising the cost of living, what kind of adjustments have you made so you will be able to maintain the fixed amount of money that you invest in bitcoins.
Abi you dun adjust the amount wey you dey put for bitcoins? How you dey do am?
I go like make una share tips on how you dey manage yourself so you fit still fit dey invest in bitcoins as you dey do.

Fixed amount don't work anymore, the economic problem has threatened quality living. If most people can be honest, you will find out that many have stopped investing for now or no longer following consecutive investment habits.

The truth is, Bitcoin is secondary when budgeting income, if there is little funds left after all expenses, continue investing, however, if the remaining funds isn't enough to serve all expenses, it is better to pause and continue when things gets better.

[Fiatless]

I recognize that it is a strategy that many of us have to invest in Bitcoin with little amount of money that we earn occasionally but considering the economy and how tough things have become due to inflation which is rising the cost of living, what kind of adjustments have you made so you will be able to maintain the fixed amount of money that you invest in bitcoins.
Abi you dun adjust the amount wey you dey put for bitcoins? How you dey do am?
I go like make una share tips on how you dey manage yourself so you fit still fit dey invest in bitcoins as you dey do.

My brother, I don adjust the amount I dey invest oh. Person go first chop before him dey alive to invest in Bitcoin. I dey also see how I go use get other source of income. One of my freind bin dey tell me about one business. I dey try consider whether I go put hand for business so that money go come out to buy more Bitcoin.

When other countries dey find way to reduce the burden of the increase in petrol on their citizens. Some of them dey reduce taxes and give subsidies. Our governemnt dey increase tax and collect more loans.

This governemnt no get conscience.

[yixichloro2xx]

I understand your point. The economy isn't favoring alot of us , things aren't easy. One of the reason why I love DCA is how flexible it is, that's why I don't have a fixed amount in which I use it investing. For now Invest based on what enters my hand. Maybe this week if see good amount then my invest fund will be much, some weeks I reduce or even skip it. The important is not to invest with amount that is important to your daily survival, because that can cause lots of problems. Food prices are high, Transportation, Fuel prices have skyrocket,  so like this, every amount of money we spend should be tracked carefully. This period is not the time to spend on irrelevant things, focus on what is more important.

[SatoPrincess]

Them no dey use strong head invest for bitcoin. Everybody dey invest based on their capabilities, personally, I no get fixed amount way I Dey use dca, my investments dey change depending on how much i earn in that time frame.

[Cryptomultiplier]

Things are getting tougher economically in every sector of this country and that makes investment in Bitcoin quite difficult to fulfill, because with this war ongoing with Iran, U.S, Israel, mostly as regards the current infrastructural targets that may soon affect the tech sector, volatilities in the crypto currency and even S&P 500 market is extremely high.
Bitcoin right now mostly for investors in these regions see Bitcoin now,  not as a digital gold but as risk on asset and that means more liquidity.
So, if you intend to buy or accumulate more Bitcoin, even if it is in the leanest faction, please do so, but no stay hungry o, because na person wey get life, and get good health, go get hope for a better day and better opportunities for investment.

[Cryptoprincess101]

It is difficult to invest a fixed amount of money into your DCA due to how harsh the economy is now so you shouldn't stress yourself by using a fixed amount of money, just buy more bitcoins when you have discretionary income even if it's not on weekly or monthly basis but just try and be accumulating with any available amount that comes out, don't be pressured. Manage yourself in such a way that you will take care of your basic needs before investing in bitcoin. We are not in any competition to buy bitcoin so just do it at ease.

[Sammye3]

I recognize that it is a strategy that many of us have to invest in Bitcoin with little amount of money that we earn occasionally but considering the economy and how tough things have become due to inflation which is rising the cost of living, what kind of adjustments have you made so you will be able to maintain the fixed amount of money that you invest in bitcoins.
Abi you dun adjust the amount wey you dey put for bitcoins? How you dey do am?
I go like make una share tips on how you dey manage yourself so you fit still fit dey invest in bitcoins as you dey do.

At a certain point where the income one earns becomes unstable, it is normal that investing in bitcoin occasionally would be affected and in some cases it is stopped for the time being.

With the current situation of things in the country, many people have little to take care of themselves, how much more to invest? The only remedy is acquiring more paying skills that brings more money, increasing your income limit and expanding knowledge. I believe this would be the only way to keep investing.

[Bitcoin.com97]

E no really easy ooo keeping up with the investment journey with the way the economy is, as a salary earner once I’m been paid , I make sure I buy everything I need at home , take some amount for my Bitcoin accumulation, I don’t actually have  a fixed amount , I accumulate with what my hands lay on with what I can afford, waiting for economy to get better May cause delay , changes do come sometime depending if need arise , I work with my budget for things we need and remove some for my Bitcoin investment  journey. Na who dey alive dey accumulate.

[Asiska02]

Abi you dun adjust the amount wey you dey put for bitcoins? How you dey do am?
I go like make una share tips on how you dey manage yourself so you fit still fit dey invest in bitcoins as you dey do.

Investment for Bitcoin no be the main priority for where some kind things dey, them get things wey you suppose sought out first before thinking of investing and if you no us that approach, that money wey you dey try invest go be the one wey you go still go back to sought out your problem later.

Bitcoin investment na better investment wey i no go fit dispute anywhere but make sure say you don chop belleful before you go invest for Bitcoin if not you go pack your money use am chop again. As economy don hard now, wetin better pass na to just invest as little as you can when you don do the necessary things wey you go do with money. No doubt say your discretionary money go reduce, but just invest am like that.