Post
Topic
Board Politics and society (Naija)
Re: Reasons why some Nigerians aren't investing in Bitcoin and the negative impact.
by
Agbe
on 24/01/2025, 19:17:46 UTC
I was discussing with a friend, a female that I know has been into cryptocurrency for a long time and since I was new, I wanted to see how she has being investing since she joined and to my suprise, she doesn't own any Bitcoin. I was shocked because in this forum. Bitcoin has always been what we're advice to buy but this long time investor that has being in the market for more than 5 years doesn't own any Bitcoin. What I discovered is that alot of Nigerians are like this my friend, they don't value Bitcoin until Bitcoin starts mooning during the bullrun but by that time, it might already be late to buy.
There is different between investing in bitcoin and just coming here to make comments because of campaign. I like to tell people the truth and if they like it let them take it or leave. Bitcoin investment is not by force. When I see some people talking something because others are saying, it is wrong. Let the use huge amount to buy bitcoin and see what they are saying can be realistic. Emergency Fund, Short Term investment as for them is trading bullshit. Op I just decided to capture the first paragraph of your thread and it is very simple, it is clear that that you friend is solely depending on the investment and there is no other thing she was doing so has to buy at the dip and sell at the rise above 10% to survive. Your friend is not a Civil Servant and she is not a Businesswoman and so you don't have to blame her for not having any asset.