Quote from: Coyster on July 01, 2025, 11:25:16 AM

Quote from: Coin_info on June 29, 2025, 08:38:57 PM

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 too, 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.

Your absolutely right and you have expressed it with a lot of wisdom. That cautious feeling about crypto or any kind of risky investment is completely normal and very human. It is not about where someone comes from it is about how much risk they can afford to take, especially when survival and daily needs are the priority.

And yes poverty is a real barrier you can not think of investing when you are struggling to meet basic needs. Many people in developing countries simply do not have that extra cushion to take such financial leaps, even if they want to. It is not because they lack interest or intelligence it is the hard reality of limited resources.

The most important thing is that we all move at our own pace. Even learning and staying informed is already a powerful first step. When the opportunity comes you will know what to do because you have been preparing your mind for it.