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Author Topic: Can the average Nigerian actually afford to DCA?  (Read 518 times)
gracreavix
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June 29, 2026, 07:29:50 PM
 #41

Yes, an average Nigerian can actually afford the method of using DCA, it is only the average Nigerian that is not aware of bitcoin will not afford to invest in bitcoin through DCA method, you and i know that as far as you have been opportune to be introduce in the forum and little knowledge about bitcoin has been shared to you, nothing can hold back any average Nigerian from making use of DCA method to inves, no minding on how his discretionary income come.
Average Nigerian ooh. Average ooh. I understand why OP used the world average. We have a minimum wage of 70k. Prices of things are very high in the market. And you boldly type the average Nigerian can do DCA. No be Nigeria America he dey talk about ooh. Average. I no why I dey buttress on average. Less than 5% of Nigeria actually have more than 1 million naira ooh. It's an estimated figure actually. I asked chatgpt. But that is to tell you that the average Nigerian dey suffer. No allow anybody wine you ooh. No allow internet doings of only 2% of the population wine you bro. Average Nigerian can not do DCA.

Mr_Brilliant$
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June 29, 2026, 10:42:56 PM
 #42

An average Nigerian by definition can not and would not be able to DCA, there is no way we can romanticize the case that an average person in Nigeria will be able to dca which is why we Nigerians are calling for a change in government and its activities, the minimum wage does not allow one to have enough to eat not to talk of investment, the country has forced people to be food insecure and hence make it the core interest for many. Allowing poverty to keep the economy and those in the capitalist market to remain in control however, it would have been nice and more motivating if we are able to afford food and have discretionary income to spend on whatever investment we want.
Bro, I nor fully gree with that one.. I feel say an average Nigerian fit still DCA.. E no mean say the money must big before you start.. If person dey see any income at all, even if na small, e fit dey put small amount aside consistently…

Na that small small wey people dey overlook dey later turn something meaningful with time. DCA no be competition of who fit invest pass, na consistency matter pass. If you fit afford to put 15k, 20k or whatever amount wey nor go affect your feeding every week or month, you don already dey DCA. Small small dey become big with time..

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June 29, 2026, 11:53:15 PM
Last edit: June 30, 2026, 05:13:59 PM by Makus
 #43

It all boils down to having a source of income,  for the average Nigerian doing this would be possible but Also challenging because of the economic factors of the country currently but the reason why I Said that it all boils down to having a source of income is because everyone has their level of income and even though the amount of money an average Nigerian can afford is low this would be a start. The DCA strategy is meant for those that are average as well, what actually matters the most while doing this is consistency.

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