Post
Topic
Board Nigeria (Naija)
Re: Why people dey fear to invest in Bitcoin and crypto?
by
Neobanks
on 11/03/2024, 00:41:43 UTC
Many people just get this belief say since nah wetin concern internet them no fit do anything called investment, unknowing to them that is the best place to invest on.
Even my uncle's saw it as a scamming thing, but they never knew it's the best place you can save any amount of your income in life.
And still have access to your money at anytime you need  access to your investment. You all should invest online and see how your life will change for good.

People have to exercise fear probably because they have been scammed before or they don't want to risk any chances of being scammed at all, once they hear anything that has to do with digital network, scam is the next thing that rang on their minds, I won't blame them because they don't want to loose the little they ha e while trying to earn more from it, but that's not an excuse to make for not being successful in life when we are not liable for taking risk.
I cannot blame those that are not well enlighten about Bitcoin and cryptocurrency to be afraid of investing in digital currency because of the experience they had through MMM era who has resulted to the lost of lives of many Nigerians  for frauding and criminality. Many Nigerians lost huge amount to MMM so this experience made them believe that every other internet investment is a Ponzi scheme.