How can Nigerians learn Bitcoin the right way without getting scammed

[HajiBagi]

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.
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.

Greed is one of the biggest reasons why people are scammed, when you want to start investing in bitcoin as a newbie, you should never be a greedy person, if you are a greedy person, i will advise you should not invest or do anything that has to do with cryptocurrency because no matter hard you try, you will not succeed, once some people hear about something online that they will get a quick profit they are ready to do anything to get it, without thinking maybe it was a scam or not.

Scammers are very smart, they can do anything just to get a person attention, but as a person who knows what is doing and hold bitcoin, you should be aware that online is not a place to believe in anyone, there is no way to make quick money or quick profit, don’t let greedy make you lose what you can never forget in your life.

[CryptopreneurBrainboss]

Is there any platform to learn about Bitcoin that's better than this forum? This is the best place anyone can be directed to learn about Bitcoin without the fear of being scammed or mislead into doong it wrongly even if the person needs a YouTube link where it can be explained visually, i think there's a YouTube link here that's safe from scam or wrong informations for clicks.

The forum holds a great knowledge of educating anyone that wants to know about Bitcoin and cryptocurrency at large, Bitcoin has to be a decentralized cryptocurrency for it to function appropriately. The forum gives you an opportunity to learn Bitcoin without fear of you being scammed as you would have been if you use all that social media or platforms because we have many scam busters on the forum that's why it's safe because they make sure scams aren't thriving on the forum. This forum has a great community that prevents scammers from taking advantage of newbies therefore it is the best forum to learn about crypto. Every platform out there has an agenda behind their creation so you shouldn't be surprised if things doesn't turn out as you would have expected so don't blindly believe any platform out there as their intention mightn't be genuine.

[Youngrebel]

Perhaps everyone has a system in which they can learn easily but for me I would recommend them to the forum because this is One platform where anyone can learn Bitcoin easily without paying any amount of money. There are people that are taking advantage of others that are trying to learn about Bitcoin, they ask them to pay outrageous amounts of money but Being on the forum saves you from such.

[PhilosopherKing]

Perhaps everyone has a system in which they can learn easily but for me I would recommend them to the forum because this is One platform where anyone can learn Bitcoin easily without paying any amount of money. There are people that are taking advantage of others that are trying to learn about Bitcoin, they ask them to pay outrageous amounts of money but Being on the forum saves you from such.

Lolz how about the money I use to pay for data isn't that a payment, that's a joke man. But I don't see why some random dude that I dont have a clue about will come to me that he wants to teach me bitcoin, what they hell happened to my phone, can't I just make my own research about it . Technology that has come has now makes everything to be easier, even to learn about bitcoin.

Just go to YouTube and in a couple of days person is already knowing things like a professional,.or to save yourself the trouble of rigorous searching, person can just easily come to the forum and ask the questions, and get the answers to them.

Scammer are everywhere looking for the easy people to get, that is why person really have to be careful on the kind of people you turn to learn. Either you consult Google or just come to this forum and you will get it all figured out, it's so fucking easy.

[Dreadboost]

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.

Before introducing them to the forum, the first thing na to let them know say Bitcoin no be ponzi schemes because if they come forum come see news concerning scams, the coldcard incidents  and other things way been done happen they fit no get the mindset to continue. I know say to lock in for where Bitcoin they no be by influence na by conviction. My reasons be say, for forum, people get different opinion. We get different suggestion, belief and ways of handling Bitcoin for here. Make the person no come con think say the way the thing work for this other person na so e go work for them.

[Bitcoin.com97]

The best way not to get scammed is by getting the right information,which is being a member of this forum that alone shows a bold step ,here we mostly discuss about Bitcoin which is actually the main reason , but one must be willing to read, them again Bitcoin investment is mainly a long term thing ,so it's best to remove your mind from invest today get profit tomorrow,that is the reason many fall for those ponzi scheme, because they already had the mindset of quick money ,but if you set your mind that it's for Long term, you cannot be carried away along the line or even fall for any scam.

[BluebloodCXVI]

This topic kinda feels misplaced and from your write up, i’m still trying to figure out what accumulating Bitcoin has to do with avoiding Ponzi schemes.

As far as i know, Bitcoin accumulation is about as straightforward as investing gets; the person gets to decide how much they can afford, they buy Bitcoin and hold it or DCA over time.
I don’t remember seeing it anywhere that you need to become a financial expert before you can understand these basic processes that i just stated.

If the discussion OP wants us to address is about avoiding Ponzi schemes, then the focus should be on knowing how to recognize unrealistic promises, guaranteed returns, referral based schemes, fake trading platforms, and the getting rid of the mentality of wanting to make money quickly without taking any corresponding risks at all.

Yes DCA, long term accumulation, and avoiding shitcoins are all valid topics to talk about, but it’s derailing IMO and it doesn’t explain anything on how to identify a Ponzi scheme.
OP seems to be answering several different investment questions while barely addressing the one he started with.

[Obim34]

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. But some certain things I have come to understand is making my belief on bitcoin firm and not thinking of deviating to another investment for the main time, as we all know, curiosity will not let us newbies to stick to investing rather we’ll want to try other mean of getting little profit which 95% of the time end up to be scam, but the funny part of it is that, we barely learn due to fact that we are fuel with greed and not knowing when to stop because we  have lost some money to these site and will want to get back lost fund.

Newbies are supposed to be ignorant, in your case, and based on your explanations, it doesn't feel like it. It feels like you already know the pros and cons of the questions you asked?  If a newbie understands the dangers of diversifying into shit coins or is motivated to invest in ponzi, they should bear the risk. Nobody sees fire and puts their fingers inside, neither will they allow someone do it to them, fully knowing how badly it will burn.

Newbies should search no further, invest in Bitcoin and relax. No Altcoin/Shitcoin or Ponzi is better than Bitcoin.

[Freeveto]

The forum holds a great knowledge of educating anyone that wants to know about Bitcoin and cryptocurrency at large, Bitcoin has to be a decentralized cryptocurrency for it to function appropriately. The forum gives you an opportunity to learn Bitcoin without fear of you being scammed as you would have been if you use all that social media or platforms because we have many scam busters on the forum that's why it's safe because they make sure scams aren't thriving on the forum. This forum has a great community that prevents scammers from taking advantage of newbies therefore it is the best forum to learn about crypto. Every platform out there has an agenda behind their creation so you shouldn't be surprised if things doesn't turn out as you would have expected so don't blindly believe any platform out there as their intention mightn't be genuine.

The solution to so many scams this forum has brought to us unmatched, we need to appreciate this forum and we that have the privilege to be here should be happy because there are people out there willing to learn but don’t have access to a place like this where they will learn for free without scamming them, and they will get the accurate information they needed and the proper guide they needed as well.

Going through social media ads and adverts by social media influencers will never lead you to a good Bitcoin knowledge, it might lead you to get scammed because even the influencers promoting such platforms know nothing about the platform and they will be using their influence to mislead their followers. This forum is one of the best places to learn about bitcoin safely.

[Stable090]

Lolz how about the money I use to pay for data isn't that a payment, that's a joke man.

If u wan learn, then you suppose ready to make sacrifice now, d data wey u Dey buy na him be d sacrifice wey u Dey make. U no fit learn without spending any amount, because even if u go YouTube and u wan watch videos, na still data u go use, so e better make u even ask for forum wey u no go too use data, and dem go analyze everything for u. 

Just go to YouTube and in a couple of days person is already knowing things like a professional,.

You shouldn’t trust all the videos you see on YouTube, creators of some videos are always having negative mindset. Some of those videos are not real, creators are just looking for traffic, and some of them will even ask you to pay some amount of money at the end.

[Agbamoni]

AI is the fastest medium to learn about Bitcoin without getting scammed. AI holds the largest amount of information compiled from platforms and channels all over the internet. Ask AI the right question, and it will give you the right answer. If you need more suggestions or corrections, don't stop asking AI. There is no limit to what AI can do if given the right instructions.

[Bright0515]

Well, first of all, it is important to get yourself signed up with a platform that gives you vital informations about Bitcoin and an example is the forum, there is not doubt that being on the forum can significantly increase the knowledge that you have on the forum but from the testimonies if others you would be motivated to invest especially when you see how profitable it has been for a lot of people. You need to be careful of the kind of friends you keep, if your aim is to start accumulating Bitcoin them then now is the time to take advantage of it.

[PremiumcryptoHub]

Well, first of all, it is important to get yourself signed up with a platform that gives you vital informations about Bitcoin and an example is the forum, there is not doubt that being on the forum can significantly increase the knowledge that you have on the forum but from the testimonies if others you would be motivated to invest especially when you see how profitable it has been for a lot of people. You need to be careful of the kind of friends you keep, if your aim is to start accumulating Bitcoin them then now is the time to take advantage of it.

It is certainly if Nigerians want to learn Bitcoin without falling victim to scams, it is important for them to connect themselves to a platform that provides essential information about Bitcoin. It also seems that to avoid scams when it comes to learning Bitcoin, one should go directly to official, open source and free resources. For example, Bitcoin.org and our forum, which you may know is an official Bitcoin website, where there is constant discussion on how Bitcoin works and how to learn, and it is mentioned in different languages. Even the original nine-page document of Bitcoin is available for free on the internet, so if any inexperienced person reads it, we believe they will be able to understand the real purpose of Bitcoin.  

And you need to understand the technical aspects step by step, such as: what is blockchain, it is important to know about it, you need to understand decentralization, that is, no bank or government has control over Bitcoin, and most importantly, you should gain knowledge about how crypto wallet security works, then it will be easier to learn Bitcoin without being easily scammed.

[Sally9256]

Perhaps everyone has a system in which they can learn easily but for me I would recommend them to the forum because this is One platform where anyone can learn Bitcoin easily without paying any amount of money. There are people that are taking advantage of others that are trying to learn about Bitcoin, they ask them to pay outrageous amounts of money but Being on the forum saves you from such.

Anyone can easily get scammed on a something they don’t know. So when thinking about bitcoin, it really best to recommend them to forum just like you said. This forum have really helped a lot of people including myself to know so much about Bitcoin. This forum is an open place, and there are a lot of people to help you through in every difficulty you come across.

This is a learning place, no one knows it all, so you can easily ask questions. For me, this place have really helped me escape a lot of scam attempts.

[Ever-young]

Perhaps everyone has a system in which they can learn easily but for me I would recommend them to the forum because this is One platform where anyone can learn Bitcoin easily without paying any amount of money. There are people that are taking advantage of others that are trying to learn about Bitcoin, they ask them to pay outrageous amounts of money but Being on the forum saves you from such.

I get where you’re coming from, but coming to this forum doesn’t guarantee that you’ll learn about bitcoin without facing the risk of being scammed. There are scammers everywhere, even here on the forum, take a tour around the reputation board and you’ll really get to understand what I’m saying. The only advantage with learning about bitcoin here is that scammers are not allowed to roam freely here, unlike some online communities And platforms, so the risk of getting scammed here has been lowered, but that doesn’t mean one should let their guard down.

[Localhostspeed]

The best way not to get scammed is by getting the right information,which is being a member of this forum that alone shows a bold step ,here we mostly discuss about Bitcoin which is actually the main reason , but one must be willing to read, them again Bitcoin investment is mainly a long term thing ,so it's best to remove your mind from invest today get profit tomorrow,that is the reason many fall for those ponzi scheme, because they already had the mindset of quick money ,but if you set your mind that it's for Long term, you cannot be carried away along the line or even fall for any scam.

I think is not about right information alone, it's about practicing the information that you read. Some people will learn about security tips on how to avoid Bitcoin scams but they don't practice it. There are no magic about security, it's learning and understanding it. If you don't want to get scam of your Bitcoin, you will have to learn how to avoid scams because you can't be too careful about scams even if you are well inform about common scams.

The way hardware wallet shipping address are loss to on the internet, don't be surprised if we start seeing people getting attacked on their house because they were informed to have a hardware wallet at home and they know they have investment on Bitcoin. Some of these kind of scams can be targeted to anyone, we just need to be careful and make sure not to be victim.

[Makus]

The source of your information matters a lot if you want to learn about Bitcoin and this can affect the results you get from it because if you learn from the sources you might end up getting taught the wrong things or even getting scammed but when you get your informations from platforms like Bitcointalk you would receive a proper guidance on the basic things you need to know before you start your journey as an investor. There are platforms that teach people about Bitcoin but all they do is to mislead others or possibly even get them scammed and the reason for that Is because most Nigerians are too desperate to make money fast, they use this against them.