When people are unemployed after graduation, it doesn’t necessarily mean they’re not fit to be employed, it’s just that, in this country, sometimes even the best of brains with a first class degree can find it difficult to secure a job. And not just any job, but a well-deserving one that can sort vital bills.
Recently, I spoke with a friend who’s doing quite well in the crypto space now, and he told me that after he graduated, he didn’t have anything doing for about 7–8 months. He was constantly searching for a job up and down. Then one day, a mutual friend introduced him to crypto while he was waiting for NYSC. Since he was a bit tech-savvy, he decided to just give it a try. This was about 7 years ago though.
He started gaining knowledge bit by bit, got lucky with some good airdrops, and before he knew it, within the space of a year plus, he was already trading coins, Now he doesn't even want to hear anything about 9 - 5 jobs.
The interesting part was when he said he probably wouldn’t have given Bitcoin or crypto a chance if he had gotten a job during that period.
But just because he had nothing to lose, he gave it a shot and it ended up changing his life.
Which brings me to this question:
Was unemployment also a contributing factor to your Bitcoin/crypto journey?
If yes, how did it happen?
This your story is good. But there are some unanswered questions. As a newbie who has no job, how do you source your capital for your initial investment? Unemployment has levels but the extreme case of unemployment which means not having any stable income cannot help you when it comes to bitcoin investment. How would you invest without capital?? If you invest, how would you protect your bitcoin from natural emergency situations when such arises. As an unemployed person thinking about crypto, there are chances of losing at the last because you see it as a get-rich-soon scheme which would end up messing around with your mental health when you get into gambling with it instead of investing for long term.