Post
Topic
Board Nigeria (Naija)
If you want to make supper money in bitcoin investment you need to avoid this...
by
ejikeme24
on 12/07/2025, 06:22:10 UTC
Just as the topic says" I believe there are people who may be thinking about ways in which they can make supper money in bitcoin investment. Surely ee dey possible to make life changing returns with Bitcoin BUT before we go think about this things we need to be aware of certain pitfalls which I am going to highlight below.

* bitcoin investment scam: This one no be Bitcoin investments and ee get some  promises way them dey make way be say we self go see am say the promise too good to be true, only thier promises self fit give us assurance say the project no follow so we need to Stay away from this kind  of projects.

* cloud mining:  almost all of these are scams as alot of people don also experience am so we gats avoid these like the plague.

* short term trading: These one na  very difficult game way person no supposed put body, so I no fit  recommend this to anybody. Because this one no dey waste time dry person most of this speculators lose all their money quickly, trading just dey like predicting human behavior and we know how difficult it is to predict human behavior this is why we gats avoid am too.


solution:

We need to believe in the long term viability of the technology and of the power Bitcoin has to change our society. If you are a real believer you will buy Bitcoin (Hold it in your own wallet where you control the private keys not anyone else) and you will hold for the long term [ 10 years or more. ] Rather than looking for short cut to success.

Here is the little advice I have to offer, and I believed there are still more that need to be mentioned here, so I would also like to hear your advice regarding this issue.