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Author Topic: Why do you think most people show little interest in Bitcoin investments?  (Read 208 times)
Bishop Victor (OP)
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January 01, 2026, 08:08:29 PM
 #1

well I also think some people are having such ideas that it's very hard and they feel Bitcoin sometimes has wide price swings and isn't well regulated and lacks protection for investors which mostly it too tricky to understand and has environmental concerns the main reason for not being keen in Bitcoin are like high volatility and speculative natural the vaule of Bitcoin can change a lot and without warning so many people find it hard to trust as a stable currency or a safe long term investment detractors often say it's worth is just a based on speculation.

some possible reason I feel people don't see it as an good investment

* Most people feel it to hard and complicated and completely complex and the tech part is very hard as well which I feel that can not be a better reason not to invest,

* And people see it as to volatility some the price is most fall down and sometimes the price can drop down so this disconnect people from having to invest in it,

* people feel a lot of scammers are tracking it mostly so it disconnect people from it which can be very important,

* And they feel it more of altcoin or meme coins which might end up running always just like this Scams that happened "MMM" well sometime it still amazes me that most people still think about Bitcoin as this which I feel it more of wrong for people to think such,

In addition Bitcoin has come to stay for good
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January 01, 2026, 08:34:15 PM
 #2


Most people feel it to hard and complicated and completely complex and the tech part is very hard as well which I feel that can not be a better reason not to invest

Due to ignorance many see bitcoin investment as something complex . And funny how you don’t need to fully understand the tech part before investing in bitcoin , like I usually said once you grasp the basic  knowledge of bitcoin investment (how to buy , and how to store it safely ) you are good to go.

Tbh nothing is to complex when come to bitcoin , is matter of researching to acquire more knowledge on how it works and stuff , some find it hard or complex because they dont want to put in the work .

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January 01, 2026, 10:28:20 PM
 #3

* Most people feel it to hard and complicated and completely complex and the tech part is very hard as well which I feel that can not be a better reason not to invest,

* And people see it as to volatility some the price is most fall down and sometimes the price can drop down so this disconnect people from having to invest in it,

Na lack of proper knowledge of the market na him dey cause all this things normally when people dey bring excuse wey no reach to make them no invest for bitcoin. No be only Bitcoin dey volatile, and every business get their own risk, so make volatility wey market dey go up and down go make you think say bitcoin investment no worth am to take put your money into.

Quote
* people feel a lot of scammers are tracking it mostly so it disconnect people from it which can be very important,

About scammers, them dey everywhere and them dey always look for ways wey them go take infiltrate every system so that them go fit scam people with their money. Ways dey wey you fit protect yourself from them, just make sure say your security they top notch.

Quote
* And they feel it more of altcoin or meme coins which might end up running always just like this Scams that happened "MMM" well sometime it still amazes me that most people still think about Bitcoin as this which I feel it more of wrong for people to think such,

Wrong perception about bitcoin no good and e dy make people dey bring excuse wey no reach to take no invest for Bitcoin. One thing for us to know about this investment be say e no dey decentralized, and with how far wey dem don come, exiting scam na something wey if he e dey possible, then for don do am. This one no be altcoin or meme investment, na bitcoin investment wey dey very much far from scamming people.

 
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January 02, 2026, 06:46:12 AM
 #4

So many don’t have that long term investment perspective. Not just about the complexity though, most entered into investment, with the mindset of bagging it quick, when it doesn’t play out as they’ve expected the tend to look for other shitcoin to invest in. While some invest in bitcoin due to speculations without making any attempt to understand the basics.

Others invest in Bitcoin when it is on a bullish trend expecting it’ll keep on pumping, but then the market retrace and they’ll be like, I thought it was meant to pump.
Bishop Victor (OP)
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January 02, 2026, 06:57:38 AM
 #5

So many don’t have that long term investment perspective. Not just about the complexity though, most entered into investment, with the mindset of bagging it quick, when it doesn’t play out as they’ve expected the tend to look for other shitcoin to invest in. While some invest in bitcoin due to speculations without making any attempt to understand the basics.

Others invest in Bitcoin when it is on a bullish trend expecting it’ll keep on pumping, but then the market retrace and they’ll be like, I thought it was meant to pump.
many investors are impatient, don’t understand market cycles, and confuse investing with gambling. Instead of learning and holding long-term, they chase hype and get disappointed when the market behaves normally.
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January 02, 2026, 04:27:22 PM
 #6

The number one reason wey make many people no get interest for Bitcoin na lack of understanding, dem no get knowledge about a lot of things wey concern Bitcoin and if you take your time to educate dem you go surprise say dem go put interest.

Make I mention some of di reasons wey make many people no get Interest for Bitcoin.

Trust : Based on di level of scams wey de online, many people no trust anything wey be online investment, dem de see most of dem as Ponzi schemes.

A lol if scam crypto projects : Mechanics no let us know who be mad people again meaning say di name "cryptocurrency" de make some people to classify all di scams and genuine coins as cryptocurrency. Remember some of our celebrities and foreign celebrities wey dem take dem name float crypto tokens wey later scam many people people, if those people hear cryp! dem don run before dem hear di remaining tocurrency. People need to know di difference between Bitcoin and altcoins.

Quick returns : Some wey hear and understand about di profit wey de for Bitcoin investment no get di patience to de buy and hodl for many years before dem go get sure profit. Bitcoin na volatile asset so no be something wey de guarantee you quick profit on di short term.

Technicality : Some people think say dem supposed to understand Bitcoin technical aspects before dem go enter di investment, if dem hear di technology wey de inside Bitcoin matter dem go prefer to do investment wey dem go pay and de get ROI without any technical knowledge.

Self custody : Not you keys not your coins, no be everybody fit to manage to keep dem private keys safe because na di keys be di access to dem coins through dem wallets to dem Bitcoin for Blockchain. Although alternative de like to hold dem coins through exchanges but na di exchanges hold di keys to dem coins' which is not very safe.

Bitcoin no de complex as some people de reason am, dem no know say dem no need to get all di information before dem go start, dem fit to understand basic knowledge about wallet security and where to buy from and gradually dem go de increase dem knowledge.

 
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January 02, 2026, 04:47:10 PM
 #7

The number one reason wey make many people no get interest for Bitcoin na lack of understanding, dem no get knowledge about a lot of things wey concern Bitcoin and if you take your time to educate dem you go surprise say dem go put interest.

Make I mention some of di reasons wey make many people no get Interest for Bitcoin.

Trust : Based on di level of scams wey de online, many people no trust anything wey be online investment, dem de see most of dem as Ponzi schemes.

A lol if scam crypto projects : Mechanics no let us know who be mad people again meaning say di name "cryptocurrency" de make some people to classify all di scams and genuine coins as cryptocurrency. Remember some of our celebrities and foreign celebrities wey dem take dem name float crypto tokens wey later scam many people people, if those people hear cryp! dem don run before dem hear di remaining tocurrency. People need to know di difference between Bitcoin and altcoins.

Quick returns : Some wey hear and understand about di profit wey de for Bitcoin investment no get di patience to de buy and hodl for many years before dem go get sure profit. Bitcoin na volatile asset so no be something wey de guarantee you quick profit on di short term.

Technicality : Some people think say dem supposed to understand Bitcoin technical aspects before dem go enter di investment, if dem hear di technology wey de inside Bitcoin matter dem go prefer to do investment wey dem go pay and de get ROI without any technical knowledge.

Self custody : Not you keys not your coins, no be everybody fit to manage to keep dem private keys safe because na di keys be di access to dem coins through dem wallets to dem Bitcoin for Blockchain. Although alternative de like to hold dem coins through exchanges but na di exchanges hold di keys to dem coins' which is not very safe.

Bitcoin no de complex as some people de reason am, dem no know say dem no need to get all di information before dem go start, dem fit to understand basic knowledge about wallet security and where to buy from and gradually dem go de increase dem knowledge.
People avoid Bitcoin because of fear, scams, impatience, and misunderstanding. With proper education and basic knowledge, many of these fears disappear.
Many people are not interested in Bitcoin mainly because they don’t understand it. Once people learn about it properly, many of them will actually become interested.
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January 02, 2026, 04:48:21 PM
 #8

well I also think some people are having such ideas that it's very hard and they feel Bitcoin sometimes has wide price swings and isn't well regulated and lacks protection for investors which mostly it too tricky to understand and has environmental concerns the main reason for not being keen in Bitcoin are like high volatility and speculative natural the vaule of Bitcoin can change a lot and without warning so many people find it hard to trust as a stable currency or a safe long term investment detractors often say it's worth is just a based on speculation.

some possible reason I feel people don't see it as an good investment

* Most people feel it to hard and complicated and completely complex and the tech part is very hard as well which I feel that can not be a better reason not to invest,
But funny enough, people don't need to know or have any tech experience before they can start buying Bitcoin, even the fact that anyone can buy Bitcoin with as low as 5k naira makes it very easy for everyone to start investing. They should even be happy that bitcoin can not be controlled the way our traditional fiat currencies are being controlled by the government.

Quote
* And people see it as to volatility some the price is most fall down and sometimes the price can drop down so this disconnect people from having to invest in it,
This is even a good reason why they should consider holding for a long term, but because they all want to make quick profits from crypto currency, they begin to think that the price is not always stable. "What If" is the main thing that always runs through their minds, what if they buy high and want to sell then the price is low.
One thing people need to understand is that bitcoin is not a get rice quick scheme whereby they will just invest and make profits anytime they want. They should understand that it's crypto currency, and the price always goes up and down every seconds.

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January 02, 2026, 05:31:15 PM
 #9

There's a saying that "what you don't know is bigger than you" and Bitcoin is big, and also people are more interested in investing in things they can see physically and Bitcoin being a digital asset makes it difficult for some people to invest in. Also there are a lot of scams stories everywhere in the internet and people have been scammed using the name of Bitcoin through links and groups so I don't actually blame anyone for being skeptical about investing in Bitcoin, and lastly Bitcoin is not stable in its price and not everyone is patient enough to wait for the right moment to sell and make profit.

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January 02, 2026, 06:07:22 PM
 #10

There's a saying that "what you don't know is bigger than you" and Bitcoin is big, and also people are more interested in investing in things they can see physically and Bitcoin being a digital asset makes it difficult for some people to invest in. Also there are a lot of scams stories everywhere in the internet and people have been scammed using the name of Bitcoin through links and groups so I don't actually blame anyone for being skeptical about investing in Bitcoin, and lastly Bitcoin is not stable in its price and not everyone is patient enough to wait for the right moment to sell and make profit.
You are right that what you don't know is bigger than you, meaning if you don't understand or know about Bitcoin, it will be very difficult to invest in this electronic currency so we see many Nigerians or other people who have little knowledge regarding cryptocurrency, as a result investing in Bitcoin seems like a difficult obstacle and a maze for them. But it is true that investing in electronic currencies can be done with basic knowledge and a little analysis because we can buy fractional amounts of Bitcoin with our Nigerian currency. Anyway, I mean, those who understand the potential of Bitcoin investment may not be skeptical about investing in this digital gold.

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January 02, 2026, 06:52:57 PM
Merited by Roseline492 (3)
 #11

Not even a single valid reason stated, generally anyone who doesn’t want bitcoin investment they’re just ignorant about bitcoin. It’s fine not wanting to invest but, saying negative comment tells the hate besides technical knowledge is not compulsory meaning holding bitcoin doesn’t require such broad knowledge.
Due to crypto scam practice recently, a lot of individual generalize this scam practice definitely they’re right. When a person is not knowledgeable about bitcoin they get easily scammed, different reason why most people don’t like bitcoin investment yet majority are just ignorant about the benefits.

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January 02, 2026, 07:52:36 PM
 #12

In reality, those who do not have proper knowledge about Bitcoin are afraid to invest in Bitcoin, they think that Bitcoin is a very complicated matter. In reality, all these people have no knowledge, they have learned very little about Bitcoin from other people's discussions, it can be said that they do not have proper knowledge. Again, there are many people who personally do not like Bitcoin, no matter how much the use of Bitcoin increases worldwide or how high the price rises, they will never buy Bitcoin, but in reality, the number of these people is very small. Those who do research on Bitcoin and have acquired proper knowledge are never afraid to invest or get disappointed. No matter how bad the situation, they know very well that Bitcoin long-term investment, its value gradually increases. By following the right rules and consistently purchasing Bitcoin and holding it for the long term, inflation can be avoided in the future and profits can be expected in the long term.

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January 02, 2026, 08:46:09 PM
 #13

Investment in bitcoin needs awareness. There is a saying that when you are not informed, you are deformed. Some people have had of bitcoin long ago but does not know how it works, they lack the knowledge that you can invest in bitcoin and make profit on the long run. There are people who don't have anyone trading or investing in bitcoin around them, so for somebody like that to invest in bitcoin, he or she has to be told on how he or she can make money investing in bitcoin.

There is a friend of mine I was telling about bitcoin and how people are investing in it and how they are making money from bitcoin. Now, he said he has heard about bitcoin but doesn't know he invest in bitcoin and make money, but after my explanation to him, he became interested and was asking me how to go about the investment. Some people too have been a victim of online scamming, so they feel because bitcoin is a digital currency, that it is a scam and such people needs strong convinction to invest in bitcoin.

For more people to be involved in bitcoin investing, I think there should be an enlightenment campaign, through the radio, newspaper and organizing bitcoin seminars, this can be done by the bitcoin enthusiast since Nigeria government is not fully involved in Bitcoin investment.

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January 02, 2026, 09:13:15 PM
 #14

A lot of people still dont accept the use of cryptocurrency because they think that's what scammers use to run untraceable transactions. One other reason why people don't show little to no interest in bitcoin is the fact that it is volatile, they feel like it is too risky to invest in it because they can end up losing what they have but for those that are knowledgeable and know how the market works it is facts that the changes that takes place in the market are not permanent, the bull and bear market has its seasons and when you are in profit when the market is increasing you can take your profits

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January 03, 2026, 04:38:57 PM
 #15

People show little or no interest in bitcoin investment because they have no knowledge about it, as simple as that. If I may ask you, will you put your funds in a business you know nothing about? I believe your answer is no, hence the same reasons why you think people show little interest in bitcoin investment, but I believe with time, the adoption would go viral, and people would begin to see light in bitcoin and would want to invest in it on their own, without waiting for anybody to talk them into doing it.



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January 04, 2026, 03:55:31 PM
 #16

Bitcoin is a digital currency and investing is difficult for many people because it relies on technology. In addition, the fear of false information or fraud or being cheated makes many people skeptical about investing. In addition, there are price fluctuations. There are many people who do not want to take financial risks and do not have the patience to continue investing for a long time, making it difficult for them to invest in Bitcoin. Those who have the right knowledge about Bitcoin and are not afraid to invest can continue investing in any situation and be successful in the long run.

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January 04, 2026, 04:22:01 PM
 #17

People show little or no interest in bitcoin investment because they have no knowledge about it, as simple as that. If I may ask you, will you put your funds in a business you know nothing about? I believe your answer is no, hence the same reasons why you think people show little interest in bitcoin investment, but I believe with time, the adoption would go viral, and people would begin to see light in bitcoin and would want to invest in it on their own, without waiting for anybody to talk them into doing it.

Lots of factors plays a role to why people show less interest about Bitcoin but ignorance has been one of the major factors, lots of people find it understand how to go about it hence they criticise, become skeptical or get scared of going into it since they're ignorant about it, but that's not an excuse cause Bitcoin has become more valuable over the years and that alone should attract more people to it.

 Well it's true that I won't and I also believe that several other reasonable people won't venture into what they have no understanding about but one thing people don't understand is that you don't need to know much to invest into Bitcoin, just knowing the basics alone is enough to start, indeed lots have really missed out on being wealthy with Bitcoin cause of because they failed that it's capable of generating wealth for them in the future.

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January 04, 2026, 04:31:41 PM
 #18

It doesn't matter to me what other people think about bitcoin, but i also know say dem dey free to express their own opinion about bitcoin and if dem feel say dem no like am, then no wam.

That said, one major reason wey some people no dey like hodl bitcoin be say dem gats be their own bank, and no be everybody fit do am. Before bitcoin we all dey used to centralized and custodial systems, so right now e dey hard for some people to transition to a decentralized network like bitcoin, come dey manage their own funds through their keys. They see it as being a daunting task, so they steer clear.

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January 04, 2026, 04:56:28 PM
 #19

Bitcoin is a digital currency and investing is difficult for many people because it relies on technology. In addition, the fear of false information or fraud or being cheated makes many people skeptical about investing. In addition, there are price fluctuations. There are many people who do not want to take financial risks and do not have the patience to continue investing for a long time, making it difficult for them to invest in Bitcoin. Those who have the right knowledge about Bitcoin and are not afraid to invest can continue investing in any situation and be successful in the long run.

Bitcoin is a digital currency that's true the reason some folks consider it difficult to invest is not because it relies on technology and how do you mean Bitcoin rely on technology, remember you don't need machine to first mine Bitcoin to hold it rather you can exchange your fiat to accumulate or purchase it and hold for a long period because it potential can be visible in the long term and the reason people find is difficult to invest in Bitcoin is because they don't have the basic knowledge that is required to accumulate it and some people fail to know that they don't need all the knowledge before they can start and they don't need to start purchasing with a large amount of money.

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January 04, 2026, 05:07:39 PM
 #20

If someone thinks that Bitcoin is not an asset that they should invest on, then I don't have time to convince them because there's also enough reason to feel convinced that Bitcoin is a great asset that one must invest on. Come to think of its decentralized nature, the total supply is specific and not unlimited, the price is driven by some factors which make the value to continue increasing. So, anyone that chose to look  at the negative side, should also look at the positive side.

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