Investing is not really a culture in Nigeria that we can say is not dominant in Nigeria. Formerly we fit dey blame say na the economy dey make many Nigerians nor fit dey consider investment as e require big money to take invest. As cryptocurrency dun show face, the opportunity to invest dey open for all, and e cun dey obvious say nor be just the economy dey worry us, but plenty other reasons.
Let's just say the ball to how you want your financial life to be is at your court and once a failed economy system by the regulations should encourage individuals who had been depending on the governments to wake up and take diversification approached.
Although considering the advents of investments in Nigeria, infrastructures is one key that can really encourage individuals on it.
One reason wey i dun notice say dey make many Nigerians nor dey want invest for crypto na say we dey fear to loose money more than we dey enjoy to get am, so because say we nor wan loose, we dey plan am safe. How you see am? and what other reasons can we point out?
Nigerians rate of crypto adoption is absolutely encouraging considering our global recognition while most individuals fears to invest in it because they're still in doubt of digital currencies to be real and the fact crypto currencies I'd decentralized and the government isn't playing a take part in it such as allowing banks on facilitating on the crypto transitions. So they feel discouraged While those who're risk bearers are once on the pool of investing in it.
And considering the volatility behaviors of cryptocurrencies, investing in it isn't for the weak minded or people struggling to afford essential things such as consumption, education, hospitality and bills.
And because the source of financial opportunities isn't a common in the country, the less privileges finds it hard to invest in it.