Nigerians should avoid such high yield return investment that will result to scam, many Nigerians have lost to ponzi and pyramidal scheme, there are still many coming up, but we should all avoid them all if we do not want to be a scam victim. These links below show how Ponzi scheme in Nigeria resulted to scam.
The issue be say this higher rate of Ponzi and pyramidal schemes them, don make plenty Nigerians become very cautious, to the extent say them no sabi differentiate legit ones from scam. I don stand up talk about Bitcoin for different gatherings, with some people wey dey talk say cryptocurrency na scam, even for school environment.
This ignorance they hold back some people from getting into it fully, as government come dey against am, that one make am worse.
Lack of person wey go teach them nah another problem as lots of people dey out to scam you. Some wan invest sef but no sabi how to buy and sell, and they fit lose their money to scammers in the end.