How to make Naija people show more interest for Bitcoin?

[Wiwo]

I am not against the whole Bitcoin crusade thing all over the Naija Community everyone is taking steps to get people around them to know and invest in Bitcoin, but the truth is that in the long run, you guys are going to get tired just like so.e of us that started similar movements in the past also, the reason is that  many Nigerians don't look at things from the long term perspective and always in a hast to make quick money.

Bitcoin to many Nigerians is a way to get rich quickly, but not that to make anything out of Bitcoin not going to take time and proper follow-up with events and opportunities that come along the way, so for sure bitcoin can ease the impact of economic crisis but still some Nigerians are not patient enough to allow that time to prove a thing in that direction and when what they are looking os not forthcoming, they tend to lose interest along the line.

In conclusion, is better for you to maintain your privacy and keep improving your knowledge and your Bitcoin investment journey  if anyone pays interest in what you are doing then you can teach them. one or two about bitcoin and the cryptocurrency market entirely.

[Obari]

Above all you’ve listed, dash them bitcoin and show them how to trade am😂
Ajeh
Even you go shock for the amount of people you go drag into the industry.

Now jokes apart, Nigerians are one of the most populated in the cryptocurrency industry from my own personal perspective but yet I think the ratio of those that are left behind due to several factors can’t be compared to those who know and one major way to promote crypto is to continually campaign about it and make it widely acceptable and with time we’ll all get used to it because I trust me country so well to easily adapt to any situation and the case with the cashless policy and 50 naira debit in transactions is a prove to it.

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

The conversion rate for bank and crypto no fit be the same especially if you Dey receive money through our local bank.
And just as you point out the rate increase with regards to volatility, Abeg you for also point out say, there are also possibilities say, before you go ready to trade your bitcoin, e go don also drop in quantity also affecting the price and that’s why, bitcoin is tagged volatile and also advised to only invest what we can afford to lose.

[CryptoHeadlineNews]

Above all you’ve listed, dash them bitcoin and show them how to trade am😂
Ajeh
Even you go shock for the amount of people you go drag into the industry.

Omo😃😃, for this kind hardship, I swear, even grandmama/papa for villages go even come meet you say they wan learn about Bitcoin. Lolz😃.. But however, that's exactly the easiest way to make someone show interest for Bitcoin, simply because they are able to earn a living or been gifted through it, just like for this forum, whose availability of signature campaigns, don increase it's number of users yearly. And as such, let's not forget say eh go still only take a person with genuine interest for Bitcoin to stick to it over the years

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

The conversion rate for bank and crypto no fit be the same especially if you Dey receive money through our local bank.
And just as you point out the rate increase with regards to volatility, Abeg you for also point out say, there are also possibilities say, before you go ready to trade your bitcoin, e go don also drop in quantity also affecting the price and that’s why, bitcoin is tagged volatile and also advised to only invest what we can afford to lose.

Yes, that's true, as I strongly agree with what you just said above, but on the contrary, when it comes to the conversion rate above, don't forget that we have several dollars wallets online which offers us the ability to own a dollar account easily without going through all the bank stress, just as in the likes of "Grey" and "Geegpay" wey you fit receive money in dollars easily from anybody across the globe, and likewise convert it to Naira at black market rate, while paying a lesser fees as compared to our normal bank.

[Obari]

Above all you’ve listed, dash them bitcoin and show them how to trade am😂
Ajeh
Even you go shock for the amount of people you go drag into the industry.

Omo😃😃, for this kind hardship, I swear, even grandmama/papa for villages go even come meet you say they wan learn about Bitcoin. Lolz😃.. But however, that's exactly the easiest way to make someone show interest for Bitcoin, simply because they are able to earn a living or been gifted through it, just like for this forum, whose availability of signature campaigns, don increase it's number of users yearly. And as such, let's not forget say eh go still only take a person with genuine interest for Bitcoin to stick to it over the years

Dey play
A lot of us Dey very active for here because we get the hope say we go Dey collect the least no matter how bad e be and if you wan see forum die, jus take away the way we fit Dey see the least make you see how people go tire for the place and na same thing apply to the technique of giving the people a certain hope of collecting the least from bitcoin and not just giving them hope but also showing them the actual route and make them earn once from that route and watch them strive to be better in it especially if the pay worth am.

Like now if you agree say you go give person the least 10k weekly if him fit follow up this bitcoin matter,
Ajeh I fit bring 100 people ASAP wey no go fail you 😂😂😂

~snip~

~snip~

The conversion rate for bank and crypto no fit be the same especially if you Dey receive money through our local bank.
And just as you point out the rate increase with regards to volatility, Abeg you for also point out say, there are also possibilities say, before you go ready to trade your bitcoin, e go don also drop in quantity also affecting the price and that’s why, bitcoin is tagged volatile and also advised to only invest what we can afford to lose.

Yes, that's true, as I strongly agree with what you just said above, but on the contrary, when it comes to the conversion rate above, don't forget that we have several dollars wallets online which offers us the ability to own a dollar account easily without going through all the bank stress, just as in the likes of "Grey" and "Geegpay" wey you fit receive money in dollars easily from anybody across the globe, and likewise convert it to Naira at black market rate, while paying a lesser fees as compared to our normal bank.

Frankly, you go agree with me say, these apps they require you create accounts and their rates no fit still be same as converting on crypto exchanges and secondly, most people wey Dey abroad go prefer to send money through western union or riamoney, that’s if you don go bank go check the foreign exchange unit, you go understand how many people Dey troop in and receive money from different parts of the country.

In conclusion, those apps you mentioned are good but wouldn’t have same rate as crypto exchanges.

[Cityhunter34]

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.

Weting you talk na true sha, actually e no really dey good to force people to join Bitcoin. As far as I know Bitcoin investment no be weting to rush into, because when someone no get interest for something Den you come dey force am to join the thing by all means e no really make sense at all, because when something happen along the line the person go dey see you as scammer while because no be him full mind in take joined am.

[Tonimez]

Bringing Nigerians to join crypto investment no be wetin anybody go think say e easy. As Una know say many scam projects and investments done too deal with Nigerians for long time. As e be now, many people dey try control the way they invest make person no go loose money again.

To introduce person to crypto now, you no need force am, you no even need pressure am. Just free am and dey gist am once once about your progress for the crypto market. Na wetin you achieve dey convince person pass talking. Na why we wey don dey the ecosystem suppose dey take am serious. Na when person don see you succeed e go come ask you say make you teach am.

[Mr Reporter]

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.

You are right exactly in Nigeria where people are been careful with there money, people feel why do you preach this BITCOIN to us when your self you have nothing to proof to them people want to see how fall you have made it with the luxury lifestyle for example like the type of place you eat the type of clothing you wear and the types of cars you drive around, people respond well to materials thing that what we call the social proofs we need Frist to convince a preson, for example let use our community for instance one of the BITCOIN early adopters which is know as Gaius Chibueze with then he influence many Nigerians to understand how BITCOIN work him didn't just own talked about it he made sure he showed some proof of evidence on how BITCOIN transform his life and by seeing this many Nigerians were lead by this proof social...

[ejikeme24]

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.

Even with this above mentioned reasons, most people will still find it very hard to believe all of this. you know sometimes when you're being so optimistic about a particular thing most people can start seeing it as something that is scam, more especially those who are not familiar with this crypto currencies. It takes a lot of time before you can get this set of people to invest in bitcoin, and by so doing is going to look as if you're forcing them to invest in bitcoin. Which is why sometimes I don't think if it is a good idea to force someone to invest in bitcoin, because it might be that they are not fully prepared to go into bitcoin investment. But due to how curious you're in getting him/her to go into bitcoin investment can make them decide to give it a trial, and if they experience any lose  along the line. At this point you will be head responsible, this is why I always avoid forcing someone to invest in bitcoin. except those that made up their mind to invest and also agree that they will be head responsible in whatever outcome they get.

[Sonia_123]

Interest na personal thing wey dem no dey force person, most of them done hear Bitcoin taya and them know sey e dey exist, but the problem be sey, you nor know who you wan trust for naija since nobody wan be victim of circumstances, and as e dey be now, the economy dey read, that's na why if you tell people,dem no wan believe anybody because of scam wey most of them don enter before, na him make e be like sey we nor dey tell people about am and the wey wen I see am sey na only like brother  and sister things or family introduction na him wey people go fit dey believe Bitcoin now or person wey you know sey nor go fit lie give na him go fit tell people about Bitcoin.

[Hatchy]

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

Do we need to show anyone what would interest them in bitcoin? Beside if we are to do that, it would be only what excite them the most and that's the part of profitablity. We can see where the market is currently, imagine you told someone about making profits from the bull and he actually did bought but ended up in the bear season, don't you think you will have yourself to blame? Bitcoin investment should be something don personally, not what we should try to persuade others to do. It would seem like you tried to scam them

[Stormisover]

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.

Another thing be say Bitcoin doesn't need anybody to advertise for him, him no need advertisment from anybody because the things way him don do way him still dey do dey good enough for people to see it and decide to take part, you can only succeed to take the horse to the river side but you can't force it to drink water, those that will not be interested will not be interested no matter how you talk to them about Bitcoin because I see Bitcoin investment as something that requires individual personal decision to take no matter how good people talk about it without personal decision no way.

[Cryptomultiplier]

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

Do we need to show anyone what would interest them in bitcoin? Beside if we are to do that, it would be only what excite them the most and that's the part of profitablity. We can see where the market is currently, imagine you told someone about making profits from the bull and he actually did bought but ended up in the bear season, don't you think you will have yourself to blame? Bitcoin investment should be something don personally, not what we should try to persuade others to do. It would seem like you tried to scam them

Am sure someone had to put you through or introduced you to Bitcoin somehow or you simply got inspired to learn about it yourself from hearing and seeing other persons share their own success stories. Someone, somehow, along the way of learning, will have assisted you and that's how everyone here also got to be here and have grown so far to be able to see the profitablity of Bitcoin investments.

I think if we show or educate interested novices on the subject of Bitcoin, the crypto currency world and the profit they stand to earn as well as the loss that may be expected and other risk involved, it would be left for them to decide if it is what they would like to try out. When they infact do try to invest in Bitcoin, despite any results in terms of profit or loss, it is good to let them air their emotions, then counsel them on the lessons so far, why such happened and how to avoid it next time.

More sensitizations, summits, seminars should be allowed by the government in every locality and for age groups, so as to make the Naija present and future leaders key into Bitcoin investments early, the risk and the rewards of which a good strategy of investment will guarantee and it far outweighs any loss.

[SmartCharpa]

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

Do we need to show anyone what would interest them in bitcoin? Beside if we are to do that, it would be only what excite them the most and that's the part of profitablity. We can see where the market is currently, imagine you told someone about making profits from the bull and he actually did bought but ended up in the bear season, don't you think you will have yourself to blame? Bitcoin investment should be something don personally, not what we should try to persuade others to do. It would seem like you tried to scam them

That is also what I want to ask: do we need to convince others to get interested in Bitcoin? There is a saying that someone willing to change his life will figure out a way to make it better. We don’t have to show them anything to have an interest in Bitcoin when they are aware of how Bitcoin has benefited and changed people's lives. Even if you make an effort to convince them, you can not show them the benefits of Bitcoin investing; they must understand the risks.

Of course, even if you introduce me to Bitcoin and I don't know anything about it, the market is bad right now, so if the price keeps dropping, I'll call you a scammer since you guided me to a place where I lost money. So, before showing them the benefits of Bitcoin, them too suppose don know its worth and how guys have made money from it.

[Umulala-alala]

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

Do we need to show anyone what would interest them in bitcoin? Beside if we are to do that, it would be only what excite them the most and that's the part of profitablity. We can see where the market is currently, imagine you told someone about making profits from the bull and he actually did bought but ended up in the bear season, don't you think you will have yourself to blame? Bitcoin investment should be something don personally, not what we should try to persuade others to do. It would seem like you tried to scam them

E go actually dey hard to to convince person way no get interest concerning bitcoin investment because if even you tell am he will focus on how profit aspect and we know that profit in bitcoin is not guaranteed or e fit panic if bitcoin price come dey drop unless you tell am intoto on how bitcoin investment works that sometimes the price go rise some times too e go reduce say na the nature be that say mk e no panic if e see such thing, also say money to take make this investment na money way e no go dey in need of for a long time that is his left over money and not money he will be in of soon because bitcoin investment go make more sense if na for long time you dey invest for.

Without even making people show interest in bitcoin the market it self dey get know to people daily and plenty people dey invest inside everyday.

[Nightwatchmare]

Share success stories and teach dem simple steps to buy and use Bitcoin.

I am a newbie when it comes to how to invest in bitcoin, and i know i do not know much concerning bitcoin yet, but it's not wise to share your success stories if you want people to show more interest in bitcoin so that your success stories won't lead them to invest most of their money in bitcoin, and when they fail to make quick profit in bitcoin investment in a short period of time or achieve the same success you achieved in bitcoin, they will sell their bitcoin out of anger.

If you want people who know nothing about bitcoin to show more interest in bitcoin, you need to teach them that bitcoin is not a quick way to make money and that bitcoin is volatile so that they will know what they are embracing, and when they want to invest in bitcoin, they will put a solid plan on the ground that would help them invest in bitcoin for a long time.

[Gozie51]

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.

Talking about person sending you btc and the conversion being higher, that is of course when there is volatility, no be like it is automatic say as person send you btc, the thing go just double when you are converting to fiat.

Meanwhile, I hope you still remember say bitcoin fit drop while the coin still never drop for your wallet or the thing fit still drop while in your wallet. Like what is happening now wey btc dey drop, if you receive coin this season, possibility dey say before the next day the thing fit don drop with $1, so na so e dey happen.

[Zanab247]

If u can show them clear evidence about what u have achieved from BTC and how long u hodl the BTC in your wallet to arrived in that amount of money u made, I guess dey will show interest in BTC because dey will enjoy BTC network through transaction. Do u no say many people in the country no BTC? yes, some of the children in the country no BTC, just that dey don't have money to invest in BTC, and before dey go reach 18 years old dey will definitely show interest in BTC investment because by then dey will have money on their own to buy BTC and hodl.

Based on the insecurity wey dey our country, I will not encourage anyone to make people show interest in BTC because u don't no who u will tell about BTC that will set u up with bad guys because our people believe say bitcoiners are millionaires in the country.

[Mehmet69]

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.

Even with this above mentioned reasons, most people will still find it very hard to believe all of this. you know sometimes when you're being so optimistic about a particular thing most people can start seeing it as something that is scam, more especially those who are not familiar with this crypto currencies. It takes a lot of time before you can get this set of people to invest in bitcoin, and by so doing is going to look as if you're forcing them to invest in bitcoin. Which is why sometimes I don't think if it is a good idea to force someone to invest in bitcoin, because it might be that they are not fully prepared to go into bitcoin investment. But due to how curious you're in getting him/her to go into bitcoin investment can make them decide to give it a trial, and if they experience any lose  along the line. At this point you will be head responsible, this is why I always avoid forcing someone to invest in bitcoin. except those that made up their mind to invest and also agree that they will be head responsible in whatever outcome they get.

I don't think the OP is forcing anyone to invest in Bitcoin. I think everyone should be encouraged to invest in Bitcoin because many people still think Bitcoin is a scam. Which is a misconception. I think we need to try to convince them again and again. Those who still think Bitcoin is a scam at this point don't want to learn anything new about Bitcoin. They are afraid of Bitcoin's volatility. They still don't know about the benefits of decentralized finance.

I will do my best to reach at least one person with the right information about Bitcoin. If someone doesn't invest after getting the right information, that will be their personal matter.

[Franctoshi]

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.

You've listed quite a number of things regarding reason why people would think of considering adopting, investing and using Bitcoin as a method of payment or medium of exchange in this digital age, and most especially the aspect of freedom form of money, if people get to really understand the usefulness of Bitcoin, they really won't need your convincing to buy Bitcoin, they would know is a need.

[Y3shot]

Their is nothing much you can show for one to have interest than introducing and telling success stories of bitcoin, doing this it's left for the person to take decision and make  further findings of what bitcoin is all about. The only thing to do to make people show interest in bitcoin is send more awareness,  people  may not pick interest immediately but with time they will fall into bitcoin which nobody have to force them to invest in bitcoin.