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Author Topic: Was unemployment part of your Bitcoin/crypto journey?  (Read 255 times)
Obari
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June 27, 2025, 03:45:04 AM
Last edit: June 27, 2025, 05:08:07 PM by Obari
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 #21

I can say, that the crypto industry has been a life changer for me, honestly back then when I hear about cryptocurrency bitcoin to be precise I just feel a bunch of people trying to scam me of the little money I had. But then a friend of mine who I would always be grateful to, introduced me to crypto.

Personally I got to know about bitcoin as at the time when Ponzi scheme was really rampant and that was around 2016/2017 and trust me, I wasn’t a single part of those Ponzi scheme not just because I didn’t want to, I didn’t have the barest minimum amount to invest and the sad stories of people making away with other people’s money made it worst for me and when bitcoin was introduced to me, I felt it was same with those Ponzi schemes, so I didn’t want to get involved with it so I could possibly be at a more safer side.
No regrets, only lessons

Was unemployment also a contributing factor to your Bitcoin/crypto journey?
If yes, how did it happen?

It wasn't but the fear of poverty was my motivation because I got into Bitcoin while still being a student so I wasn't worried about being employed or not as I was still studying. What made me pick interest in Bitcoin and the crypto industry at large was when I found out about the earning potential the industry holds and I have always wanted to be part of a new class of investment/earning opportunity and Bitcoin tick all the box. Bitcoin isn't a job so if I had a job, I would had still had interest in Bitcoin. You don't have to quit your job to invest in Bitcoin, infact you become a better investor when you get a job that can fund your investments.
Sincerely, it wasn’t the fear of unemployment that drove my zeal for bitcoin and cryptocurrency at large but the quest to be able to do things at my own time(flexibility) while managing my health was my top priority and when bitcoin opportunity presented itself the second time, I had to give it a shot and trust me, every step was worth it and also agree with you that, when we have a good job, we are in a more better position to invest more since bitcoin and cryptocurrency at large isn’t a job.

 
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June 27, 2025, 04:42:39 AM
 #22

Which brings me to this question:

Was unemployment also a contributing factor to your Bitcoin/crypto journey?
If yes, how did it happen?
Mine was not unemployment but underemployment. I was already working but what I was earning was not enough to cover my basic needs. Before the month ends, I have already used all I had and couldn't save to invest. 

I would say I ventured into crypto when I was looking for a side hustle. It was when I was learning another skill that someone introduced me to crypto.  I was interested that I had to abandon the skill I had come to acquire and focus on crypto education.

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June 27, 2025, 08:12:20 AM
 #23

A lot of people started their crypto journey out of joblessness no doubt. A country like this where to get a job is very difficult and yet schools still get students admitted, where do you expect the graduates to work.
Crypto is a very good platform that helped in that regard, a lot my friends ventured into crypto out of joblessness that’s a fact.

Crypto has helped a lot of Nigerian youth to become better and bigger in life, i know a lot of people who become very big just for owning a bitcoin years ago, i like the fact that crypto has become big in the recent years, people are even paying to learn it that’s to show you how big it has become.

Thanks to crypto for giving the youth a second chance of a good life
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June 28, 2025, 05:27:12 AM
 #24

Was unemployment also a contributing factor to your Bitcoin/crypto journey?
If yes, how did it happen?
For me I was already employed but still I have that strong passion for cryptocurrency I was doin research and hoping to get rich someday from crypto. I even went ahead and bought some altcoin hoping to get rich from crypto, but sincerely speaking all I was doin was all to no avail but that help me to get an insight to how crypto works, but my introduction to the forum help me alot to explore more about Bitcoin or cryptocurrency entirely. Soy own case was different in the sense that I was working and looking for a way to excape from poverty but I never knew cryptocurrency don't work like that. It was when I came to the forum that I knew what this whole concept is all about, and am longing to know more.

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June 28, 2025, 08:05:49 AM
 #25

It was challenging for me looking at friends talking about Bitcoin and crypto wherever we are together where am always lost in words because i have nothing to contribute this kept happening on and on to the extend I made up my mind to give myself the chance to know what it is all about while I have already heard so many crypto and Bitcoin related vocabularies I went in to research as well as asking them necessary questions and that was how my journey began since I was already working, Bitcoin and crypto is not just a trend but has added meaning to man kind.

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June 28, 2025, 08:09:03 AM
 #26

I will say to some people it is a plus, for others it is their very beginning, everyone has their own breakthrough, though Bitcoin has actually save lives and have put smile on people's face, it is a real life changing encounter.

Some people who are into Bitcoin today came unemployed while some was already employed but still have that interest for cryptocurrency, so it does not matter how much they will make in life.
For me I love cryptocurrencies and will like to explore it and gain as much knowledge as I can.
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June 28, 2025, 08:11:10 AM
 #27

Was unemployment also a contributing factor to your Bitcoin/crypto journey?
If yes, how did it happen?

I can say yes because I knew about Bitcoin when I was still a student. Back then, I saw a post about it on Facebook, so I decided to take a chance and study it. From searching about Bitcoin, I ended up on YouTube and started watching videos to understand how it works.

At first, I didn’t believe it could make me rich, so I didn’t invest in it. Instead, I stopped studying Bitcoin and continued with my life. Later on, I met a friend of mine who introduced me to Bitcointalk. That’s when I read more about Bitcoin itself and decided to give it a try.

Now, I’m enjoying the benefits of Bitcoin, and I also teach others about it and how it works. But when I came back and learned more through Bitcointalk, I regretted my earlier decision. If I had invested in Bitcoin back then, while I was still in school, I would have been much further ahead by now.

However, I just take it as a life lesson, a mistake like that will not repeat itself again in my life.

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June 28, 2025, 08:16:14 AM
 #28


Was unemployment also a contributing factor to your Bitcoin/crypto journey?
If yes, how did it happen?
Well for me no and I don't really see the possibility of someone who is not employed to be investing in bitcoin or in crypto, so is either the person is self employed or the person is working for someone.That is to to say without a source of income one can't really invest in bitcoin, infact not just having a source of income the person must have a discretionary income to invest with if  not the person is not fit to invest in bitcoin. As regards to your friend is either he was self employed if not going into bitcoin , would really become a challenge since there is no discretionary income to invest in bitcoin.

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June 28, 2025, 09:39:15 AM
 #29

There are many who can change their lives by investing in Bitcoin in crypto while studying. For example, if a person can find a way to earn some kind of income while studying. For example, he can invest a small amount of income along with studying. For example, a small food code, burning boys or girls, etc. All the work he does will not harm his studies. If a person invests in such a situation, then he can create a very large portfolio in the future if he maintains his investments consistently.

If a person invests in such a situation in the first place, then he will not have to worry too much about getting a job after completing his studies. Because he already has a small income system.

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