When you hear this kind discussion na to just find way burst laugh small, because clearly e mean say the person never really do ihm research, we no fit even classify that one as speculation but bluff.
Just simple economics of supply and demand self go make you know say e no dy possible. Just check the percentage of bitcoin demand increment over the years and more people go still dy come in. E only fit happen Unless people no need am again yet even at that, Checkout the amount of stakeholders, how many countries,  companies and individuals dn adopt am as a means of payment.
If to say price go drop come rise again then that is normal but not 0$ abro

The thing about your city place be say na there you go dey stay everyday and na that place go dey motivate you on a daily.
For this matter, I believe say if you dn already dy do okay for yourself, you suppose consider house as one of the sources wy go dey generate income for yourself. And for you to get that kind of income wy go make sense, e suppose dey inside city wy people go value. So even before you drop mad house for your villa, the city investment suppose soft to help you take care of some monetary needs.

If care is not taken and you no come from better village, the moment them see mansion self, Your village people fit come begin dey tackle you for nothing.

Normally this na the nigerian rugged spirit, once 1 way close, the other ways go still open and people dn already dy use to the new way. only be say that new way was costing more.


I dont know if i should approach it as wickedness but no doubt they were very inconsiderable. Them just put excuse for ground say people dy use that way do plenty yahoo and Another fact be say since people bn dey use am buy dolar come hold, or for other dollar transsctions, e come dey make them no dey value naira like that. And that would lead to more decline of the dollar.

Understanding the business and how it goes is very important factor and i think due to the hurry to accumulate wealth to meet up with demands, this is often neglected.
You will see so many persons in this category, always trying to invest in what their friends and colleagues are investing in because they have been convinced it is profitable, no proper research, not even some period of trial and error before erupting fully into it.

The federal government announced the reactivation of international transactions on its Naira debit card.
https://x.com/NigeriaStories/status/1941368947535761784

Although crypto wallets could still be funded, which might be more of a concern to you but the people found it difficult to pay for Apple subscriptions, Other online subscriptions etc. but its was really unlike periods like 2021 when all the processes were seamless.
This gap, however, was not left unnoticed. Some fintechs dived into the space and created tools to bridge that gap, but of course, people had to pay more in order to complete these transactions.

Have you found this ban lift useful in any way?

Does it sound like a relief to you if your transactions required going through these third parties?
If not, then over these periods of time, how have you been dealing with this ban if your transactions required this route?

Personal experience has a major role to play in decision making and advice. The basis of your mentor’s advice might be different from your own personal experience or another mentor’s experience. Even when they all mean well, the idea of mentorship is not entirely to copy and paste, but rather to learn.

You will also observe that when you take a mentor’s advice and you win, it's easy to reach out to them and accredit them with their honor. But when the advice goes south, it is difficult to reach out to them and blame them. At this point, you will then realize that only you are responsible for your decisions.

It is better off you learn, observe the pattern, make your own research, and apply your own principles.

This is a very relatable situation that has moved most people into the cyrpto space. Having money thats is not able to sort out your basic need is really a disaster. You would feel like you're not doing enough meanwhile you know you are doing everything humanly possible to make things work.
I'm glad how it turned out for you. Great one.

One constant thing about life is change. People evolve, and everyone wants to make life better for themselves and their loved ones. To make life merrier, finances play a major role, which is why financial education is very important.

These days, so many people are in a hurry to make money. It’s not just about greed, the crippling economy and peer pressure has also contributed to this rush in life.

A lot of people stumble upon the idea of "investment" without taking time to understand the basics, and this often leads to pain and regret.
Now, while I’m not a financial adviser or expert, I’d still like to share my own basic understanding of investing to help guide anyone looking to invest especially in crypto, real estate, or any other investment space in general.

Below are a few important points to take note of:

1. Understand the Business You’re Investing In
Be its anything, coins, forex, real estate, etc. Always ensure you have satisfied yourself by making a proper research and understanding of the proposed investment in question.
I’ve not just heard stories, I’ve seen it with my own eyes. Someone bought a Keke (tricycle) and gave it out for hire, hoping to get returns weekly or monthly depending on his agreement with the rider.
But guess what? It was problem after problem. One day it was the crankshaft, the next day it was "local government wahala."
It even led to an arrest and things got messy just because someone wants to reap the fruit of another persons labor
Now I’m not saying Keke business is bad, but you need to understand how it works so you don’t end up stressed and frustrated.

2. Investment Is Not a Get-Rich-Quick Scheme
If you’re thinking investments will blow overnight and make you millions instantly, you're likely walking into a trap. Real investing takes time. The legit kind is long term and is meant to bring in steady income over time unless of course, you’re looking for Ponzi (which I don’t advise at all).

3. Don’t Invest All Your Money
Always make sure you have some cash flow on hand. Life is unpredictable. Emergencies happen. Never put all your money into an investment, no matter how "sure" it seems.

4. No Investment, No Reward
As simple as this sounds, it needs to be said. Some people expect major blessings or financial breakthroughs in life, but they’ve never invested in anything. If you don’t plant a seed, don’t expect a harvest.

5. Higher Risk Means Higher Reward (and Higher Failure)
Yes, the bigger the risk, the bigger the reward can be but the bigger the failure can be too. Especially in areas like crypto, you are not guaranteed 100% success, no matter what anyone tells you.

6. You Can Lose It All
You may have genuine intentions and a good heart, but that doesn’t stop life from happening. Timing, market crashes, bad seasons they happen. Be ready for it, and don’t take it personally when things don’t go your way.

7. Know When to Withdraw
Investing isn’t just about putting money in it’s also about knowing when to take your profit. Don’t get greedy. Learn to cash out wisely and enjoy the fruits of your investment.

Final Note:
At the end of the day, investing is a journey. It comes with risks, rewards, lessons, and sometimes losses. Just make sure you’re informed and intentional. That way, whether it works out or not, you’ll know you moved smart.

In everything related to bitcoin and the crypto space, the importance of arming your self with information and proper knowledge can never be overemphasized. What others have done before you should never really be of a concern to you, what is more important is doing your own personal research as you will always be advised and you will navigate efficiently, If you focus on what others has done you will never see the good in what you are capable of.
As a newbie you shouldn't also forget that some losses here and there builds experience and confidence so they shouldn't shake you.

Like you can imagine with me. Same shocker because my main aim na make we fit see how Nigerians go fit dy support Nigerians by using their apps and wallet going forward. for me self i feel say this SEC self follow contribute very well and not just the tech space
because who want use app when e know say if ihm money go, them no go fit trace the owners of the app reach house.
But make we dy hope sha say with time things go change.

While we fit agree say Nigerian na one of the top adopters of the idea of bitcoin/Crypto/decentralized finance, True true e no go easy say make people for our locality wey no been really go school or never really dy exposed understand all the grammar of bitcoin.
But one thing i fit assure you be say, if you tell them say make them put 1k here say them go get 10k next week them go understand that English like die.
You self reason am na, For me to come put 1k make 5k comeout or for me to carry that 1k buy coin wy i never really know how e go be. So ponzi dy more enticing and e go always drag people along because of the juicy packaging. But when them lose, them go learn and them go begin read, na so most people do na, so no be new thing.

This advise now don first give me knock for head because since to get signature campaign for my rank dy difficult, i been don dy find alternative to dy use see front. Abeg i go calm down before i collect red tag, na me know how much i dn hustle to carry myself reach this point. And if i go still do any na to first do full background check.

Education is not a scam, for all I know.
I believe the common saying that "education is a scam" mostly comes from lazy  minded individuals that believes that after graduation, they just sit back and expect the government to do everything for them, and hand over a good job to them simply because they are graduates. They don’t bother applying themselves to other skills, building a business, or venturing into something different.

There are people who studied one thing and ended up doing something completely different, let’s say someone studied accounting and later ventured into real estate. But because of their character, the way they handle money, and their ability to relate with people, they now have a strong network of contacts to sell land to from his accounting department in school with a track of integrity. And truthfully, they were able to do that because of education.

You’re here writing on a technical topic mainly because of education.
Yes, I also acknowledge that the Nigerian education system includes a lot of courses that you might not actually use after graduating. But real education goes beyond the classroom, it’s about exposure, connections, and learning how to think.

Inconsistency and procrastination and dream killers, have been inconsistent and funny enough i can see the result because my tummy is now protruding more than my chest,
Oh God, here i am again kickstarting for the second half of the year. I did well by achieving 63 today (4 sets of 15 and 3 extra).

My report:100k,Slimzeee,4,250,2025-06-30

To be honest, the whole idea of emergency funds being pressed on people’s necks sounds a bit off to me.
First of all, we’re always told to only invest what we can afford to lose something that won’t break your back if it disappears.
Then, regardless of any aid or help you might get, you’re still expected to have some financial capability to handle your regular struggles without throwing all your money into crypto.
But does it really have to be called “emergency funds”?

If that parable, experience is the best teacher been never make sense for your ear before, you go understand am for trading.
One thing People need no know be say things no always go your way everytime and e dy okay. The most important thing  na your take-homes, watin you fit learn as OP talk, e fit dy even teach you how to handle similar situations subsequently.
Main reason why you suppose no put your all and all as capital, but with losses and retrying, along the line you go pick pattern

Spotting scammers, imposters, or impersonators in the crypto/bitcoin space is actually quite simple.
They usually come with mouth watering offers. Their main tactic is to show off flashy lifestyles or side attractions to lure you in.

But the truth is, anyone who has genuinely been through the blood, sweat, and grind of crypto knows it’s not that easy. Here on this forum,  people will tell you there’s no shortcut. You have to work your way up in this space.

If they really knew how to flip money that easily, they’d be doing it 24/7, not trying to sell it to you unless you are the product, their way of making money.

Chairman
You no even hide mouth self. But truly with the way things dy go, e be like say e go dy worse dy go because our leaders no really dy do anything meaningful. No Legit or better export product wey fit make other countries want to trade with Nigeria and them go dy exposed to naira except for crude oil. Very complaisant set of people. They no reallly dy worry sha because their own life already dy sorted. Whether people like am or not them dn already collect enough wy go suffice them and their family, Na we just dy reason all these things.

My best piece to anybody that wants to invest in crypto is,
First understand that it is not a get rich scheme as some individuals might have projected it over time which means you should do a proper research on the project you are about to invest in, let the decision be yours after the research and make sure the money you have invested wouldn't be the reason you end up in the hospital if things doesn't go your way (invest only what you can afford to lose).

In the past years, we’ve seen the continuous decline in the position of the Nigerian Naira against the USD. It’s become almost like a normal thing now with the Naira always on the losing end. And for those earning in Naira while spending in USD, it’s just more and more losses piling up.

As a Nigerian on this forum, or generally in the crypto space probably earning in USD, have you ever, even for once, wished the Naira would hit it hard on the USD? Like hit really hard

Now bear in mind, if the Naira gains heavily against the Dollar, let’s say something like ₦750 = $1, then your current assets in USD would more or less be slashed to half their value.

So, as a well-meaning and Patriotic Nigerian, do you really wish for that to happen?
Or have you just left it to chance, to whatever wants to happen should happen?