As we dey see our naira dey drop the symbol of our currency just dey dey worthless every day many people won turn to foreign currency at all cost and the way to do so for this country na to have domiciliary account if you one leave your money for bank or you fit use your niara go buy US dollar keep which I no advice, it's risky keeping money especially if the money dey huge.

I never trust our banking system for one dey but the urge to get my money out of niara propelled me to going to get domiciliary account but the shege I see during the process no be here. The demands come they tire me and this na my money we dey talk about here, I still got it but I come reason say it's not worth the struggle and time and effort, and e just be like say I don give my money to the government and them fit freeze am anytime they want.

Then I decided to shift to crypto that is stable and then I went for USDT a stable coin pegged to US dollar it was pretty easy buying some USDT from and exchange and saving it in a wallet, my wallet na me they control the Wallet. So in comparison to domiciliary account based on time, effort and potential of losing your holdings I suggest using stable coin than having a domiciliary account in Nigeria.

My country people I greet all of una well well, I hope we all dey okay, I go first like to tell of una say my sis just gave birth successfully not too long ago.

The reason why I dey make this post na to showcase how cryptocurrency don dey grow for our country and it's really encouraging for everyone of us. The couples that has the kids are youth and this is their first issue and they know many other youth so I was in charge of the ceremony.
Although the naira scarcity has started to reduce in place around the country I no go like take Chances Sha.

So I created a Bitcoin, Ethereum and USDT wallet account for the ceremony for any one way go like give to the couples and those that send it gets a paper format with the babies pic, you know we Nigerians like to showoff by spraying.

My happiness be say many people actually use the option and it sweet me to see that cryptocurrency do go far for Nigeria and cryptocurrency system fit bring the change wey we need for our money and financial system matter

Hello everyone I am very excited today as finally my boss has agreed to pay in Bitcoin. After losing at my first attempt in Cryptocurrency as I thought that wealth falls like rain here I was brought back to reality with losses I got a little job on the side although a small amount paying job I think it is okay for me and I can get back on my feet.

Ever since I started working I have always been talking to my boss and coworkers about Cryptocurrency and after persisting they started to give me listening ears, I made sure to also tell them my experience and made sure they got my picture.

Along the line my boss got very much interested in cryptocurrency especially in Bitcoin. Assisted him in creating his Bitcoin wallet and taught him all I could, it surprised me when he finally accepted to pay me in Bitcoin and has giving it as an option to other workers, it's a big joy for me and I believe they are also talking about cryptocurrency to their friends and family too, just got my first payment in Bitcoin this evening.

[Simple things to note for first timers P2P on exchanges]

   P2P is an abbreviation for peer to peer, it's a form of transactions between two people where comes to make mainly a Fiat to Cryptocurrency exchange or exchange of different Cryptocurrency.

P2P on exchanges has become popular especially in Cryptocurrency regulated countries. but there are risk in P2P more so if it's your first time.


         Simple things to note for first timers P2P on exchanges

1. take enough of your time: when a transactions is made it becomes difficult to seek for medicine after death. avoid wrong transfers or transactions due to haste by taking your time to the fullest. check again multiple times

2. Use a renowned Exchange: there are many exchanges around but the one I am using is Binance I have performed P2P transactions with them and they all went through, verify the exchange you are using and making sure it's the official exchange you downloaded.

3. As a seller confirm your Credit alert properly: how it works on binance is that Binance act as an escrow and your coin you intend selling is with them and then they buyer makes a transfer. binance won't send your coin to the buyer unless you confirm to have received payment. fake credit alert exist so properly check the credit, I check my bank app rather than a text message alert.

4. don't keep your coin on the exchange when you not ready for transactions: don't procrastinate or be ignorant of sending your coin not in use to your personal wallet. you not the owner of the exchange so funds in it aren't completely yours.

I have lost in cryptocurrency and I am learning. lets (inexperienced ones) be willing to learn

I recently posted an update about my bitter experience with cryptocurrency in over a year. I am not financially stable or okay yet but I am trying to build independence for myself, although I had read some theoretical approaches to things I went the wrong way and I paid the price in full.

I wasn't alone on the road to wasteful investment. I had friends who joined me or most likely encouraged me into it, but right now they are cursing cryptocurrency.

I may have lost much though but I had learned
1. How to control my emotions in cryptocurrency: before now I had issues with controlling my emotions generally and even though I had intelligence on certain things. My emotions becloud my sense of judgment. But after losing serially over one year in cryptocurrency I think that aspect is improved.

2. Letting people control you:  I have come to discover that there are so many different characters in cryptocurrency both online and offline(close to you) many of them with different schools of thought on investment, trading, and cryptocurrency in general, as a newbie I have learnt that you ought be careful on the knowledge you get feed. Many of which are wrong, unproven, and sent out by the sender based on what they were paid.

3. Throw in the towel on wrong approaches: I know many newbies are on the wrong path but are still very adamant about changing their ways. I had lost a lot but if I had remained in foolish stubbornness I would have lost more. So as newbies call it quit your wrong approach as soon as possible.

4. No shame in starting from scratch: using myself as an example I am starting fresh and going back to the very basics and I am not ashamed to admit that. The good news is that I am better experienced and more mature.

Hello everyone I joined this forum over a year now and I was very excited to join. I warmly by the forum members and I felt very welcomed. I had great ambition oh well I think my ambitions were overly much.

I had some thoughts about cryptocurrency and I thought they were enough for me to achieve all I had come here for.
I didn't spend much time and jumped into the crypto market and I guess it swallowed me. I ventured into investing, trading, schemes and everything that I thought would give me profits. How wrong I was, I made bad investments that were from my imagination that anything I touched in crypto would favour me all I had to do is buy a low and affordable coin and hold.

Long story short I have some coins in my possession that are dead and from reality now those coins won't rise again.

   My thoughts and now my experience that newbies like I was can learn.

1. Emotions thoughts and feelings can hurt you if they were not researched.

2. You haven't learnt enough just yet. It's not wise to invest with your kindergarten knowledge, take time to on them first.

3. The news can be a disguised trap, I made many investments because I followed the news and what many people were doing, this is a foolish move.

4. Diversification that has no research behind it is foolish. I had thought that once you diversify you can do wrong, how wrong I was. You always have to diversify making use of research and don't be in a hurry to buy.


I have experienced the bitter side of Cryptocurrency and now I don't need someone to tell me that crypto can bite. Moving forward I would pay more attention to learning and asking questions too, all I can say to the newbies is that grow your brain before you try to grow your portfolio.

hello everyone my name is Cynthia am in my early 20's first time I would be using the word newbie, but yes I am a newbie, I really don't know if my post will make sense or would be liked, well before now I have lived a life of careless investment along with my friends we are what you can call, bring an new platform/industry and we would invest without doing our research, well I don't know what luck it is called but some way or the other we have always been winning and a small lost here and there, but the winnings are little.

   so there was this particular platform, with mouth watering benefits my friend came across on whatsapp called Bitcoin invest, we really didn't know much about bitcoin only that it was a cryptocurrency, infact we didn't know what cryptocurrency is about at this time I had no money, but my friend had money she had kept aside for something very important, she actually joined the whatsapp group and the admin was good with words promising heaven and earth, my friend fell for it (I too would have but I had no money on me or any one kept aside), long story short my friend invested and after few weeks got blocked and removed from the group, she is still devastated up till this day.
since the lost I have taken an interest in Bitcoin and from what I have come across I and my friend has faulted in almost all the don't of Bitcoin or cryptocurrency, we were very reckless and it had to take a misfortune for us to learn, I know many personally who are still making mistakes in cryptocurrency.
I think I have so much to learn and give out to those I can, the few I have learnt
+ don't investment with money that's not yours or you can bear losing
+ don't fall for smooth promises
+ investigate what you want to invest in

Am still learning, I have already read the rules, and am hoping I can become good in cryptocurrency and maybe expose fakes and scams to others around me