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?
This is not a Nigerian thing, neither is this peculiar to Nigerians. This is a normal human feeling and people feel this way irrespective of where they live around the world, crypto is considered risky and people are cautious about investing in it, it is not just crypto, it is normal to find people who are sceptical about risky investments, like stocks for example.
That said, poverty is also a reason why people cannot invest, you need to be making enough money to have something left for investments, this is the reason why people no dey too invest for third world countries.