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Author Topic: Is Good Bitcoin Advice Always Good Advice for Everyone?  (Read 209 times)
HajiBagi
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September 12, 2026, 09:02:41 PM
 #21

If the advice is about what to buy with, where to buy from and where to keep your bitcoin then it's generally a good advice that works for everyone, if the advice is about how much to buy with then that's a completely different story, different people have their different buying capacity, if I can spend 50k naira every week to buy bitcoin that doesn't mean I will just advise anyone who wants to invest in bitcoin to do the same, maybe what you can afford is 10k naira a week or maybe less so instead of trying to invest with the same amount that I invest with, you should invest only with what you can afford.

What some people don’t understand about investing in bitcoin is that you can not be like someone, and when you try to copy any other investors you may end up selling your bitcoin when it is not the right, you will have different ideas from many investors but that doesn’t mean that you should do the same thing they are doing, if you the person you are following is buying bitcoin with a big amount, it doesn’t mean that you should do the same thing, because you don’t know his plan.

It is not every advise you must follow as a new investor, as far as you understand bitcoin and you know how to invest in without having any problem, you can do what is best for you without not listening to anyone, but there are some advise that is also very important, most especially the one that is being repeated any time you come across a post, but you need to be yourself when you are buying or holding bitcoin.

Gozie51
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September 12, 2026, 09:09:53 PM
 #22

Truly, good advise for one is suppose to be good advise for everyone and likewise bad advise too. So regards to good advise, no be today wey we don dey hear say e better make we dey use non custodial wallet to keep our coin because of the security wey we get as owner and the use of our passphrase to the wallet but some people still do otherwise because of reasons known to dem. No be today wey we don dey hear say make we invest as we can bear, we still see people that go contrary because they are chasing higher profit. We dey hear so many other things concerning how to make good use of but na choice for different people. So everyone know what a good advise is and likewise bad one but because of greed and emotional imbalance, they do otherwise.


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Sonia_123
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September 12, 2026, 10:58:45 PM
 #23

It all depends on the individual whom you are advicing because some persons does not listen and takes people's advice on the aspect of bitcoin, they feel they can have their way anyhow until they are stocked, then they realized they have being making a very big mistake.

If you see that the persons advice is good for you, then go with it if not pick the useful one .

 Giving someone a good Bitcoin advice which you see as good might not really be a good advice to the other person, you just have to try your best and not forcing the person to accept your advice, let the person make some research on his own to clear his doubt, not all information about Bitcoin you can provide to everyone around you.
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