5] Follow, Follow mentality - Nigerians like to follow the trend, this has made many of us to invest in projects that are scam and lost alot of money instead of investing in Bitcoin.
Not only Nigerians but people all over the world.
8] Bad reputation of Bitcoin - EFCC and the police has made it look like investing in Bitcoin is a crime because of how the harassment of people involve with Bitcoin and the yahoo boys has made it have a bad name in the eyes of Nigerian for those not educated or just ignorant.
There is nothing if your money is legit. Having bitcoin and investing in bitcoin has not been seen as crime before in Nigeria. But if a police ask if what you are doing for living, you can find something they can not know to tell them. But this is not even the reason some people will not want to invest in bitcoin when bitcoin has already gone noticed all over the world.