How can Nigerians learn Bitcoin the right way without getting scammed

[Jubilee58]

There are many ponzi schemes that defraud people online claiming to be doing legitimate business, when it comes to bitcoin investment their are legitimate platforms you can make your Bitcoin investment, we have legitimate wallets and exchanges that suits your investment needs.
As a newbie while accumulating your bitcoin for long term investment, it is necessary you prioritize the security of your investment which is storing your bitcoin in a safe and reliable wallet and making sure your security keys are intact.

[Akaenyi]

A good way to avoid getting scammed in the crypto space is to be informed. If you want to learn more about bitcoin and how it differs from all the alt coins out there is to try to be as knowledgeable as you can. Ask valid questions from people that you know has the answers as well as doing some good research yourself online.

If you don't want to be scammed in cryptocurrency then you should be very informed, the more you know about the schemes of scammers the better for you to avoid them. Learn from trusted crypto sites and experienced people around you, verify every information atleast from a second source before you believe anything because who is telling you might have been misled.

People also get scammed majorly due to greed. The possibility of putting your money into the "hottest new thing" cause it's seemingly fast growing and promises some crazy returns drives a lot of people. And without having a basic understanding of what they're getting into, they end up getting scammed.
Don't rush into new and alluring projects just yet. Know more about what you're putting your money into.

There are a lot of too good to be true opportunities to make money online, you should know that there is no free money online. The reason why most people are scammed online and offline is due to greed, the moment they hear that a project is paying people very well they will jump into it and get scammed. The most trusted cryptocurrency is Bitcoin before you buy any altcoins you should do your research because most of them are scams. Don't click what you are not sure if online and don't buy any token because it is hyped you will lose your money if you don't exit at a t the right time, most newbies don't.

[Coyster]

You talk about learning about bitcoin, but then your OP is more about how to make money through bitcoin investment. Don't get me wrong, it is great say we dey free to use our bitcoin as we like, whether na investment, trading, spending, et cetera. Na your coin, so na you go decide as you wan use am.

That said, but when we talk about learning about it, we mean learning the basics, like wallets, seed phrase, network fees and every other thing that would enable us use bitcoin safely. Me i believe say learning should come first, before person begin talk about earning. And it is great that we fit learn everything about bitcoin for this forum.

[DiMarxist]

If one is to learn about Bitcoin without getting scammed then such a person must first of all remove his or her mind from making quick money. Because one thing that makes people to get scammed is  the will to making quick money fast. As a Newbie one of the first things that they should learn is Bitcoin is not a Ponzi scheme that promises quick cash but Bitcoin is a Long term investment prospect for any intending person. Another thing that will help anyone learn Bitcoin successfully is that you have to study and be intentional about learning about it Bitcoin so that you will not get confused when discussions about Bitcoin especially on technical issues comes up.

[Fiatless]

If you want to learn about Bitcoin, keep reading in the forum. Bitcointalk has enough information that will make a novice knowledgeable about Bitcoin. You could also visit other platforms but always do your research before applying what you read.

Newbies should avoid crypto trading and atcoin investment. They are complicated and require specialised skills to be successful in them. Like you rightly said majority of these coins are pump and dump projects. Newbies should give excuses that Bitcoin is expensive and that profit takes a long time to mature. Bitcoin can be bought in small quantities and it is reliable since it has stood the test of time. 

[Mr Reporter]

First advise to give in to introduce them to this forum, because this is a platform intended by the bitcoin creator to engaged all bitcoin users to discuss all around the world, from here, they will be guided the right way, advised and given useful links and kits to start up with as a newbie, provided that they are willing to learn, it is not proper that they get exposure to random online platforms and social medium where they might be misled, because there are lots of contradicting information about bitcoin online except for few platforms like github that renders more precise information about bitcoin.

Well hmmm is there really any need to introduce them to the forum that my question for you? I there should more thing to teach them not telling them to join the forum or I might just feel this statement is not correct? Firstly of all if you don’t want to get scam as an investor you must really have to let greed go away from you mindset…this also applies to so many people who are always after making be money at the end they get scammed at the process i think for now that should be a main and major line up..

[Roseline492]

I’ve been pondering about this question for a while now, how can a newbie  that wants to go into Bitcoin accumulation really avoid Ponzi schemes.

To avoid it is by listening to people who are telling them to ignore it because if they didn't do Ponzi any scammers that come through Ponzi will not affect them, however are you saying that is only when someone intend for the first time on investing in Bitcoin they would start learning Ponzi or experiencing Ponzi?, it depends on were the person started because all new person doesn't actually observed and got attracted by those Ponzi but however the reason why it seems like what new people face is because some of them was a Ponzi friendly before they thought of Bitcoin so they became open to it.

[ejikeme24]

First advise to give in to introduce them to this forum, because this is a platform intended by the bitcoin creator to engaged all bitcoin users to discuss all around the world, from here, they will be guided the right way, advised and given useful links and kits to start up with as a newbie, provided that they are willing to learn, it is not proper that they get exposure to random online platforms and social medium where they might be misled, because there are lots of contradicting information about bitcoin online except for few platforms like github that renders more precise information about bitcoin.

You made a very nice point here, yes a beginner is advised to learn from this forum before consulting other source because this forum is the only place I know newbies/ or beginners will learn without being scammed or mislead, I also believe that those of us who have acquired enough knowledge about Bitcoin here in the forum can as well teach those who are interested to learn, after that you can bring them in the forum to explore. I feel that the best way to give them a little hint about how Bitcoin investment works before bringing them into the forum here to avoid fucking around the forum and this can result negative trust because they might violate the forum rules.

[rachael9385]

My first option would always be the forum, BTT has made a lot of us knowledgeable when it comes to the crypto market. Even if you don't want to earn from the forum you can take fhe informations being posted about Bitcoin and use it to your advantage,  that's why as a beginner you must learn to read. another thing you must do to learn to do is researching and also doing a lot of technical research on it

[Charcol]

Curiosity + greed for quick profits is the biggest trap for us. However, curiosity can sometimes improve our lives. To avoid ponzi and scams, if any project promises us a certain guaranteed profit, we should view it with direct suspicion. Bitcoin itself does not promise us any specific return. Because it is market driven. Double in 30 days fixed 3% daily these are classic signs of ponzi. We also have to be aware of our own custody.This principle of not your keys, not your coins is not just a slogan for us, it is a real way to avoid scams. Rather than sitting on an unknown site and hoping for profit, we will keep self-custody in our own wallet because this is safer. And Bitcoin accumulation does not mean just buying coins, rather it is a matter of our mental discipline. If we want to survive in the long term, we need to strengthen our patience more than greed. We need to change the mindset of getting rich quick to a mindset of building wealth slowly and steadily. Only then will we be able to automatically stay away from 90% of scams.

[L E G E N D A R Y]

If one is to learn about Bitcoin without getting scammed then such a person must first of all remove his or her mind from making quick money. Because one thing that makes people to get scammed is  the will to making quick money fast. As a Newbie one of the first things that they should learn is Bitcoin is not a Ponzi scheme that promises quick cash but Bitcoin is a Long term investment prospect for any intending person. Another thing that will help anyone learn Bitcoin successfully is that you have to study and be intentional about learning about it Bitcoin so that you will not get confused when discussions about Bitcoin especially on technical issues comes up.

Exactly, if they are willingly to learn how to invest in Bitcoin and be successful through it without having the desire to make quick profit, will help them to seek basic knowledge and understanding of what they are doing.
That is why, they shouldn't be in a hurry to make decisions out of improper information, which will lead them into losing their money because they failed to verify information and make research in any area they don't understand, as it will help in developing their mindset to grow more in knowledge.