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Author Topic: How to make Naija people show more interest for Bitcoin?  (Read 827 times)
icebar (OP)
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February 02, 2024, 12:47:26 PM
Merited by CryptopreneurBrainboss (1)
 #1

To make Naija people show interest for Bitcoin, show dem how e fit give dem money and financial freedom. Share success stories and teach dem simple steps to buy and use Bitcoin.



1.Financial Freedom: Bitcoin no dey controlled by government, so e give users financial control.

2.Instant Transactions: Bitcoin transactions dey quick and sharp, fit happen even without middlemen.

3.Investment Advantage: Bitcoin na new and faster way to invest your money.

4.Privacy and Security: Bitcoin dey use encryption to protect transactions and personal info well-well.

5.International Transactions: Bitcoin make am easy to send or receive money internationally, no need to dey for country wey dey restricted.

Bitcoin dey provide good mix with strong network and high-level security, e still dey grow and fit be interesting option for investment.

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February 02, 2024, 12:52:39 PM
 #2

To make Naija people show interest for Bitcoin, show dem how e fit give dem money and financial freedom. Share success stories and teach dem simple steps to buy and use Bitcoin.

Eh no go add anything or make any difference to bitcoin network if you forcefully bring people inside to invest and hold the coin, if you start to share success story about bitcoin to every Nigerians you know how many people way go carry money way dem no fit risk use enter the market, and when price drop the way eh they drop Watin you feel say go happen to those people, some fit even almost wan lose there self and nah you way convince them enter go be the first way them go point finger on, no need to parade bitcoin like some kind Ponzi scheme nah who get mind fit invest and hold the currency strong if bearish market come here you no go even see any single profit collect so make we they careful for the kind approach way you wan carry teach others about the currency.

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February 02, 2024, 01:09:08 PM
Merited by Mia Chloe (1)
 #3

Personally, I believe that it is gradually coming to the stage where you don't need to advocate for people to take their money from the fiat currency into the digital currency, they will in no time be the ones to do the research themselves and beg you to tell them which of the Digital currency is the best option to convert their fiat into. Because of the recent evaluation of Laura to the dollar with the price of dollar rising to as high as 1500 naira, I have seen so many persons looking for a way to open a dollar account because they've gradually lost hope in the Naira.

Another thing I also consider in matters as this is that times are seriously changing and the generation that are currently becoming adult now are majorly people that knows about the advantages of bitcoin and other digital currency and in ten to twenty years to come, it wouldn't be strange to find out that without making any serious move to spread the campaign for Bitcoin adoption in the country, it would just happen by itself.

This is one of the reason why this nit too young to rule   bill is a bit of concern to me because once we have youths in position of authority coupled with thousands of youth that are already Bitcoin and crypto enthusiast, with or without serious advocacy, bitcoin will become adopted full time in Nigeria

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February 02, 2024, 01:30:30 PM
Merited by Mia Chloe (1)
 #4

I think adopting bitcoin should be at there own free will they should decide on their own if they are really ready to embark on this journey and join the industry. Sharing success stories of others and trying to make them interested in bitcoin is not the ideal way and it will only make them to invest because you told them to and will make the invest more than they can afford to lose and if things should go wrong they blame you for everything.

If I understand Nigerians well I think when you go them and tell them about an investment opportunity they will suspect that you are only trying to deceive them and so if anything should go wrong they would hold you responsible because they have been scammed several times by investing in Ponzi schemes so they don't usually have trust for an online investment anymore. People should not be forced to learn about bitcoin rather those who show interest should be taught about it.

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February 02, 2024, 10:02:30 PM
Merited by hugeblack (2)
 #5

To make Naija people show interest for Bitcoin, show dem how e fit give dem money and financial freedom. Share success stories and teach dem simple steps to buy and use Bitcoin.

The devaluation of the Naira supposed tell Nigerians say dem need to dey invest their money for wetin go not only secure their wealth but appreciate am. Dollars dey increase everyday so if we fit get our hands on investment that are evaluated in dollars e go make sense. Bitcoin na one of the most accessible investments wey dey currently so e go just make sense to invest inside. Bitcoin get other benefits but the focus now na the price appreciation and wealth security wey e go fit give any money wey you put inside.

Nigerians normally need to show interest and they're doing that already, you no need to tell anybody because we all dey find wetin go favour us and when you see a currency like Bitcoin wey just get everything inside am you no suppose need person to tell you to invest inside. If you dey wait for person to put water inside your mouth after you dey see the river for your front then you no serious to fight poverty.

To preach Bitcoin, keep using Bitcoin and your life will do the marketing or advertisement for you. The best way to show both Nigerians and everybody to use Bitcoin is to show them the importance to freedom and decentralization and people go pick interest on their own when they're tired of the too much centralization of the fiat currency in the world.

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February 02, 2024, 10:44:00 PM
 #6

To make Naija people show interest for Bitcoin, show dem how e fit give dem money and financial freedom. Share success stories and teach dem simple steps to buy and use Bitcoin.
Many Nigerians are already frustrated by the too much control the government has on them and their finances, they are frustrated with the banks also for the constant withdrawals and unsolicited charges that are taken from customers accounts for any reason the bank sees as okay. Many understand that the opportunities available to make them rich and not so much these days because of how tough and how the government has maintained is to be so introducing them and telling them about the benefits of Bitcoin that they will be able to be in charge of their own finance and investment and how it can also make them rich but not too quickly, you can raise and increase their interest.
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February 02, 2024, 11:12:14 PM
 #7

Op I must tell you the truth. Those points you give or listed here e no dey motivate people to join bitcoin investment if you I am lieing try and see. And the only active aspect wey they make people to join bitcoin na your success stories. If you tell someone say bitcoin dey create financial freedom so make di person come join, Jesu who goes there? Dem no go listen you so you go change strategy ooohhhh. Op these you strategies e no go work out.

All those things you tok there are theoretical of bitcoin and we all know shey Nigeria theories e no dey work again so na the practical we dey fine. But you go fit convince the person na to tell am say if him go invest him go make profit from di investment. And after all these instructions then you can add the above mentioned to sum it all. Because the mindset in this time is to make and not to listen to stories.


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February 03, 2024, 05:50:52 AM
 #8

To make Naija people show interest for Bitcoin, show dem how e fit give dem money and financial freedom. Share success stories and teach dem simple steps to buy and use Bitcoin.
Op I disagree with you on this approach to telling people about bitcoin because you said we should tell people how they can make money with bitcoin to gain financial freedom and share successful stories that will make them adopt bitcoin. You forgot to teach that we should tell people that bitcoin is a long-term investment, like 4-5 years before they can see the profit that will change their lives, and not a get-rich-quickly scheme so that when they finally invest in bitcoin, the bitcoin volatility part will not make them sell their bitcoin for the short term because they are yet to see profit in their bitcoin investment.

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February 03, 2024, 12:12:17 PM
 #9

Wetin I know about Bitcoin be say , Bitcoin no be something wey dem dey rush or force people to get interest in it. When the time comes people will surely willingly want to know about Bitcoin. I think people are getting to know bitcoin everyday without being forced by people to have interest in it. Bitcoin has good quality of attracting people,  which people don't have to advertise it for it to get awareness,  people are getting awareness due to its good value.

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January 21, 2025, 06:22:23 PM
Merited by Odogwu-Blockchain (1)
 #10

The thing be say more people are getting to know about bitcoin and it’s potential and inside that percentage that knows only a few are actual bitcoin investors. For Naija most people stil Dey see am as Scam and people into it as fraudsters. E go take gradual process make Naija people interest rise on am plus the way the way government dey reason am nodey help matters.

Na better investment wey fit give better ROI than most business investments for we country. Jus like cryptoneurbrainboss talk showing people the reason why it’s better will go a long way, if ur an investor and dem dey see the dividends, Fast fast u go see men wey wan show interest, no b force jus letting them know coz Majority no know

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January 21, 2025, 07:25:26 PM
 #11

Without even much effort in teaching or preaching about Bitcoin, i think more people are beginning to gain interest in it, the social media has played a big role concerning that cause lately news about Bitcoin are now widely spread on different media platform. Well, i think the recently concluded U.S election also played a role to attract many people including Nigerians to pick interest in Bitcoin, when the current President elect was advocating for it during his campaign period, however it would've been much better if our government was Bitcoin friendly, if they can publicly come out to announce buying a Bitcoin reserve as a hedge to our currency, i think it would trigger more people to embrace and learn about it, well one thing i love about Nigerians is that With or without government aids people would survive and if more people realize that Bitcoin is the key to financial freedom for the future i believe they won't hesistate to embrace it, between 2020 to this point a good number of Nigerians have embraced Bitcoin and more a going to join in the near future.

 
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January 21, 2025, 07:34:00 PM
Merited by Roseline492 (2)
 #12

All listed here are truly basics on how you can make someone invest on bitcoin but hope we get to understand that it's literally the true form of bitcoin on how it's utilizing with it potentials and not tend to believe it's a marketing or convinceable strategy to just make them invest.
As for Nigerians, they need it in a more thoughtful view where they'd have that insight that bitcoin is a lucrative source of invetainment which the government is against it due to it decentralized potential and knowing that our Nigerian governments would only want to get involved on resourceful avenues that they're liable to o control.
Then make them understand that the government doesn't want us to understand the true being of bitcoin that's why they criticizes it sober don't invest on it.
In a clear note, the government doesn't want it citizen get rich in a financial source of freedom as decentralized technology as bitcoin so they fears about us getting rich out of it overnight.
Let them know how the government acts like they cares but are only centered to how they'd make earning of us. That's why they taxes the physical investors and traders because it's a centralized valuable source.

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January 21, 2025, 08:17:53 PM
 #13

To make Naija people show interest for Bitcoin, show dem how e fit give dem money and financial freedom. Share success stories and teach dem simple steps to buy and use Bitcoin.

What a good advise, informing them about what is expected from them before starting, this also have to include the benefits and the challenges as well because we cant only tell them the sweet sides while leaving behind the other side which is the opposite of the good, because information is key as well as power to direct and guide,  bitcoin is what we should also try to know the kind of target audience we are introducing it to, because if they were not interested in anything digital, they may not have interest in trying to use bitcoin while our efforts would have been rendered in vain.


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January 21, 2025, 09:26:23 PM
Merited by Sticky Bomb (1)
 #14

Don't get me wrong, all you listed 1-5 are correct but my emphasis on the second number, yes Bitcoin has a fast transaction speed but  using that perspective cannot lure a Nigerian to accept Bitcoin and spend on it, if they want faster transactions then there has been upgrades in bank system involving Opay, Palmpay and Moniepoints.

Like CryptopreneurBrainboss said, devaluation of Naira and inflation in the economy, there is prompt need to invest outside the country's fiat, in some blockchain capable of giving massive returns by just holding for some times unlike other investment that requires recapitalizing the funds in same manner and each time there is always increase in prices of goods to trade on diluting the worth of the capital.

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January 22, 2025, 08:09:56 AM
Merited by EluguHcman (2)
 #15

You know, Bitcoin transactions have not been fully legalized in Nigeria, so it's still a restraining factor. Not everyone is so online-savvy to be doing transactions with Bitcoin, and it's not a lot of companies in Nigeria that will take that transaction but  you can transact internationally with a company that uses Bitcoin.

I think one way to convince somebody, whether Bitcoin, crypto, physical investment is social proof. People want to see how far you made it with Bitcoin. They want to see your car, your house, how you are living large. Then they want to know how you are making your money. Then you can go on and be like, it's Bitcoin Social proof, evidence is what Nigerians need.

People won't believe on their own and the more evidence we get as Bitcoiners, the more it will speak for itself. So, you can't be convincing somebody, especially in Nigeria, in this hard economy, without evidence. Because everybody is trying to make good use of their money, the money does not come easily, and we know this.

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January 22, 2025, 09:46:55 AM
Merited by Huliya (2)
 #16

You know, Bitcoin transactions have not been fully legalized in Nigeria, so it's still a restraining factor. Not everyone is so online-savvy to be doing transactions with Bitcoin, and it's not a lot of companies in Nigeria that will take that transaction but  you can transact internationally with a company that uses Bitcoin.

For my country nobody wan wait for legality and activists like us dey proud of Bitcoin and its acceptance dey grow with time. As for legality I go talk say e never mandatory from government yet and you fit still do transactions from any part of the world. The government never create any barrier for Bitcoin transactions so since we still get internet access for here e mean say e no illegal. Some people fit get confused on how to prove am socially but crypto-related laws na just way to disturb regular people. Most of the society no wan make you continue to gain financially so no tire for being aware of Bitcoin and always dey hold am and look for alternative ways to make income.

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January 22, 2025, 12:58:12 PM
 #17

To make Naija people show interest for Bitcoin, show dem how e fit give dem money and financial freedom. Share success stories and teach dem simple steps to buy and use Bitcoin.
Op I disagree with you on this approach to telling people about bitcoin because you said we should tell people how they can make money with bitcoin to gain financial freedom and share successful stories that will make them adopt bitcoin. You forgot to teach that we should tell people that bitcoin is a long-term investment, like 4-5 years before they can see the profit that will change their lives, and not a get-rich-quickly scheme so that when they finally invest in bitcoin, the bitcoin volatility part will not make them sell their bitcoin for the short term because they are yet to see profit in their bitcoin investment.

Mayor of ogba area of view stand great chance in any information one is passing to any one about Bitcoin details of how Bitcoin investment work mostly the aspect of holding 4-5 should be well information as the system is not a quick to get rich process because many has been misinformed and such misinformation and introducing people without the zeal to holding of Bitcoin has made many fall prey to scam it's good that people are introduce but the best is the level of information passed that will make them abide and hold Bitcoin not quick to cut off their investment due to challenge of lacking the required information before hand.
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January 22, 2025, 01:26:39 PM
 #18

Now and days as things dey go especially for this bullrun , many people dun dey see the beauty of investing in bitcoin by themselves, weting dey hold some back now , dem dey think say e dun ready dey late to invest put , when we are just starting, if you think say $100k range is the peak of bitcoin then you don't really understand the potential it's have .

I go continue to talk am say is never late to start your bitcoin accumulation journey, because as you keep procrastinating nah so the price go keep dey increase because it wait for nobody, make Una stop to dey invest for Ponzi schemes and invest for something wey matter like bitcoin, because anything Ponzi nor dey usually end well .  Don't waste your hard earn money for something wey nor dey add to your growth, like for instance if you see say trading nor be for you leave am invest your money for something else like bitcoin .

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January 22, 2025, 01:52:03 PM
 #19

I dey always tell people say crypto na double double investment, if person send you dollar now, you go only convert am to Naira with dollar rate, like USD/NGN. Any again, if person send you Bitcoin, the conversation to Naira na three different conversations, like BTC/USD, USD/NGN. So a small amount of Bitcoin to Naira don turn big amount of money for here, na why it's good to always own Bitcoin no matter the amount, if Bitcoin rise, your money rises, if dollar rise, your money also rises, so na double double gain you dey on top.


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January 22, 2025, 05:05:05 PM
 #20

I dey always tell people say crypto na double double investment, if person send you dollar now, you go only convert am to Naira with dollar rate, like USD/NGN. Any again, if person send you Bitcoin, the conversation to Naira na three different conversations, like BTC/USD, USD/NGN. So a small amount of Bitcoin to Naira don turn big amount of money for here, na why it's good to always own Bitcoin no matter the amount, if Bitcoin rise, your money rises, if dollar rise, your money also rises, so na double double gain you dey on top.
If only I could understand what you meant here, are you trying to say that if person send you $100 in Bitcoin, the money go pass if that same person send you $100 in normal domiciliary account? Is that what you are trying to say? Because I expected you to point out the volatility nature of Bitcoin here, whereby person fit send you $100 in Bitcoin and maybe before you go want to withdraw am, that $100 go don maybe rise to $110, since it follow the price of Bitcoin rise, but yet you didn't mention that,which is not possible in a domiciliary dollar account. Because one thing you need to note be if person send you money in either Bitcoin or in stable dollar account and you convert it immediately into Nigerian fiat Naira currency, the value go always be the same.

Example

Assuming the current rate of dollar to Naira is $1 = #1650

And if you are given $100 in Bitcoin, if you convert to fiat, it will give you $100 x #1650 = #165,000

And likewise if you are to convert your $100 in a domiciliary account, it will still give you $100 x #1650 = #165,000

 
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LLBIT▀█ 
  TH#1 SOLANA CASINO  
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........5,000+........
GAMES
 
......INSTANT......
WITHDRAWALS
..........HUGE..........
REWARDS
 
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PROGRAM
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   PLAY NOW    
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