In no time, Bitcoin will be back to the all time highs. #Mark this for reference in time #Bitcoin Nairobi
Bitcoin Nairobi #SavingsFridays: DCA with Bitnob image Dollar-Cost Averaging (DCA) for Beginners What is DCA? Dollar-Cost Averaging (DCA) is a simple, long-term investment strategy where you invest a fixed amount of money into an asset like Bitcoin at regular intervals, regardless of its price. This means you buy more when prices are low and less when they’re high, helping smooth out the impact of market volatility over time. Why it works well especially for beginners: Reduces risk of bad timing: By sticking to a schedule, you avoid trying to "catch the bottom" or "sell the top." Lowers emotional bias: You invest habitually, not emotionally reacting to market swings. Potentially lowers average cost: Over time, DCA can reduce your average purchase price by capturing both dips and peaks. Disciplined approach: Ideal for building long-term wealth by “time in the market” rather than timing it. Simple example for context: Let’s say you invest $100 weekly: 1. Week 1: BTC price = $20,000 → you buy 0.005 BTC. 2. Week 2: BTC price drops to $15,000 → you buy 0.0067 BTC. 3. Week 3: BTC price rises to $25,000 → you buy 0.004 BTC. Your total investment of $300 gets you 0.0157 BTC. Your average cost is lower than if you had invested all $300 at $20,000 from the start. How to DCA Using Bitnob Bitnob makes DCA easy and accessible. Here's how to use it step by step: 1. Create an Account & Fund It Download the Bitnob app and sign up following the KYC process. Deposit funds by tapping Deposit → Fund with Local Currency → Enter amount → Continue → Answer security question → Confirm payment. 2. Choose Your DCA Strategy On Bitnob, you can start with as little as $1. Decide if you want your plan to run daily, weekly, or monthly, and set the duration—3 months, 6 months, or 1 year. 3. Set Up the Automated DCA Plan In the app, select "Create a Bitcoin savings plan." Determine your investment frequency and duration. Activate the plan to automate your BTC purchases. 4. Use Bitnob’s DCA Calculator (Optional but Helpful) Bitnob offers a DCA calculator where you enter: Amount per interval Start and end dates Frequency (daily/weekly/monthly) It then projects your potential BTC accumulation versus a one-time lump-sum purchase. 💛💛That's it Happy DCA💛💛
Good morning counting hours 😀 We crafted a luma Link so check out and click to register View quoted note →
Governments can ban exchanges, but they can’t stop #Bitcoin’s code. P2P, borderless, and censorship-resistant #Bitcoin #Bitcoin Nairobi
Cheat code to life: Pray daily, train hard, work with purpose, and stack #bitcoin . That’s it #Better money. #Bitcoin Nairobi #Nostr
image https://image.nostr.build/01b0a9e7159c3f445a6241ff4c193024f5127881da39693d891b5808f5b4ea36.jpg❤️#GamingThursdays we are featuring @THNDRGAMES ! Stack sats while having fun! Download, play, and start stacking sats: thndr.gg #PlayToEarn #BitcoinGaming #StackSats #BitcoinNairobi
“A house is made to be lived in, not lived for. Bitcoin is the same. It’s a tool for freedom, use it." ~ @Mutonga Nakamoto #SPEDN #Bitcoin Nairobi
Remember that you are not buying #bitcoin you are selling fiat. Good morning #Nostr
image This week we take #Bitcoin talks outdoors! 🧵 Join #BitcoinNairobiHangoutSaturdays at Karura Forest on 16th August. What’s happening? ✓ Nature walk ✓ Bitcoin & Nostr chats ✓ Snacks (no snakes! 😂) ✓ Games
Thank you @Blockstream and @My First Bitcoin and all that made this a success ,Thanks for the support and love 🧡 Will be used to pass and empower #bitcoin in the #Bitcoin community ⚡🔥🧡 #Jade wallets View quoted note →