Topic: Empowerment through crypto. (Read 161 times)

Investing what you can afford to lose is one aspect that cannot be overstated. Crypto market like Bitcoin and other altcoins can be tempting to an emotional personality. Not being able to do control your emotions over what you invest into it either by buying of coins and spot trading them or staking on the perpetual trading  particularly on memecoins will require your emotional stamina to invest.

Second part is gaining the knowledge of how the crypto works and specializing your knowledge to a particular aspect of the crypto, being it the trading aspect or the investment aspect then focusing keenly to understand the nitty-gritty of how the market operates.


Ever thought of this, that if the government can implement crypto friendly policies and create an enabling environment for the young Nigerians to thrive in the digital economy industry, Nigeria will definitely unlock its full potentials and the country can rise to become the leading nation in terms of crypto adoption around the world.

The youths over here are ready to adopt new technologies and are only looking for the right opportunities. If the Nigerian government can take this sector seriously, the youths won't only benefit but it will position the country as a hub for the blockchain technology and the next generation of young talented Nigeria mns ready to take it to the next level.

no be small depression oh!
where we wan even take start am? imagine say all graduate gat enter street go de find work, you know how many frustrated people we go find for our country? check out people when no sabi anything about crypto and no know how to earn online, na them be the people when still de for street de worry people up and down because nothing come out for the street.

crypto done do far more good than the bad when people de talk say e de associated with crypto and for us when be members of the forum, we fit attest to the fact say this forum alone don help us fit stand strong to a very large extent and we no really de go around looking for jobs even though a lot of us na college graduate. the work experience and the discrimination when don feel up the regular work space no de for crypto at all and for the most part, you just need to sabi how crypto de work and you are good to go. crypto true true na blessing to the average person in most third world country when don de ready to effectively leverage on am.

The benefits of Bitcoin in the life of an average Nigerian youth cannot be overemphasized. It has really impacted on our lives positively and what used to be broadly seen as a scam has bow become a source of livelihood for many of us. I'm also a living testimony of how bitcoin has impacted my life after graduating from the university.

While my case wasn't necessarily a case of a jobless Nigerian school graduate like many other stories, I had some little jobs I took and could pay some bills, crypto came as a salvage to our nearly devastating economic situation in the country. My introduction to this forum has widen my horizon a lot about how the crypto works, and even when I'm a slow paced learner and adopter of new knowledge, I have been able to familiarize myself more with the crypto space courtesy this forum. And what used to be like a myth to me about earning online via the crypto platforms have suddenly become a reality to me.

At this juncture, I must commend the efforts of the developers of this forum, Theymos and other big men of the forum for pulling such a fantastic platform and I hope they continue to sustain it for the good and create more opportunities to the platform. One day this forum will boast of being a direct employer of labour to hundreds of thousands if not millions of people around the world.

The only error OP make na generalise instead of mentioning the particular Cryptocurrency. However, Bitcoin na the most superior Cryptocurrency so eh dey bound to take the shine of other Cryptocurrencies, na em superiority and value they make am more popular that's why eh come be like say other Cryptocurrencies dey valueless but no be so, I know say Shitcoins (pump and dumps) dey but them still get others wey dey follow Bitcoin trends wey still get value but not compared to Bitcoin and why Bitcoin dey very good for investment na be say eh dey less riskier and also get long-term features while others fall under the category of Short-term and more risky to invest on. Also, Bitcoin no only dey ment to invest purpose, another aim wey make Satoshi create am na as alternative to fiat currency to carry out transactions smoothly and safer just that the regulations by our government and lack of awareness by many traders and businessmen done make that particular use case no dey too popular for our country. Although eh get people wey done dey employed through Bitcoin, for instance those wey dey buy and sell for P2P via different exchanges, that na one job opportunity wey Bitcoin and Cryptocurrency at large done create wey people no dey too talk about, the most popular way everyone dey think na investment purpose.

Wetin Op dey talk for job mata na tru, but him for say be sey na Bitcoin. We know say Bitcoin na for investment,that one na tru na who get money go invest oo,why e be say other crypto no dey popular for name like Bitcoin, na be say Bitcoin get campaign jobs wey person fit take com start to the invest, that is be say,if you no get something wey you dey don to take care of your daily expenses, and you dey the forum, your merit come reach 100merit, you go find job na so that you go fit help yourself live small better life. When you don get the job and them pay you, you go share the money into three parts, collect one for your expenses, invest one ,you fit dey save one,may be for the day way you wan top up your investment so that life go dey easy u small small,na wetin me I feel sey Op dey wan talk.
For like person wey dey school with like this now him nor go lack,and who want start or expand business,him go fit .
 Na tru talk no matter how him put am and since him dey the forum, but OP for me the real word wey you for use na BITCOIN not crypto, crypto means all coins ,here na Bitcoin forum we dey

You are right, cryptocurrency has saved a lot of Nigerians from poverty because some or most of the unemployed Nigerian youths do depend on cryptocurrency to earn a leaving.

Myself is an example of how well and how good crypto has impacted in my life; it is always sad to graduate and you don't have any work to do, but the coming of cryptocurrency has created several ways of working to earn, trading, and Bitcoin investment to save yourself from inflation and to also profit from the investment if you save them for future.

Working online to get paid in foreign currency as a Nigerian youth especially as the Nigerian currency is losing its value almost daily. This forum has helped a lot of us to be self-reliable, if you are working in any campaign in this forum, you will be independent, and if you are wise enough, you can also set up a physical business for yourself to depend on outside cryptocurrency.

Cryptocurrency is just a payment gateway between those that worked and get paid in cryptocurrency with companies from outside the country. It should be more viewed as a payment gateway in this instance than seeing it as a way of escaping poverty. Cryptocurrency like bitcoin has really helped a lot of people especially those that see it as a means of investing, it is more usable in that case and can be viewed as a means of sustainability than seeing it for payment. It is quite used for a long term case and can be utilized as a means of investing and not as payment in that way. Bitcoin didn’t come to alleviate poverty but to serve as a means of payment.


If cryptocurrency goes today, it’ll only make those who depend solely on it as a means of survival through investing and trading with them to lose all of their source, but it won’t affect all that partake in crypto and has another source of income. Cryptocurrency like bitcoin don’t look like what will fade away, so we don’t need to say much about it going in exile and those that depend on it lose their source entirely.

Also, if bitcoin can never there, a lot of youths won’t go into depression, there will always be a way for the Nigerian youths to escape poverty and not die of depression. We make use of anything available at that time to continue managing in whatever economy we find ourselves.

About involvement of Nigerian youths in cryptocurrency it's a true testament in the ranking of Nigeria as among the top 10 countries with cryptocurrency users in the world. It goes further to express the level of crypto enthusiasts in the country irrespective of how inconveniencing the government policies are the zeal crypto adoption don't seem to be deterred amongst the youths who have taken the initiative to better their lots either as crypto traders or holder (investors). The thrust of this is that if only we can have a government that is administratively friendly to crypto with it's policies, Nigeria will find it way to top one amongst crypto users.

I think that crypto involvements is for Youths that has in one way or the other achieved the capital to get into it, and not for those with empty pockets, of course we can apply and work for companies that pay in crypto, but I think that most youths tend to misunderstand how this crypto involvements works. Most of them think that you can become a trader overnight by just watching couple of tutorials or thereabout, but in reality, crypto is not a venture for someone without another means of income to sustain your early days in it at least, neither is it for someone who does not have a skill to exchange for it.

In other wards, It is pertinent to have a life, career or skill outside your crypto involvement as a backup or a supporting plan when venturing into crypto. Crypto space can be crazy at times and in those moments, we rely on our skills for maintenance.

Nor be crypto bring remote jobs comes Nigeria. People don dey work remote jobs since before we even begin hear crypto, though na after Covid 19 nai remote jobs come become normal thing worldwide.  I disagree with your point nexuses how many companies dey pay their remote workers with crypto? You go open domiciliary account wey the company go fit use pay you. Unless say you dey do jobs for Upwork and other websites wey you fit negotiate terms of payment I nor sure say normal foreign company go won buy bitcoin or usdt just to pay international workers.

If not for pos business, a lot of graduates for also nor see work do.

Crypto has been helpful to Nigerians, and from all indications, it is now understood by many of the Nigerians, unlike before when you talked about crypto, and a lot of people would not be able to relate. But know it is very hard out of 100 people to find 30 people that don’t know about crypto, even though some are only familiar with airdrops, but still they know about it, and they are willing to learn more and also invest in.

Although some find it hard to differentiate between bitcoin and other cryptocurrencies because I could still remember a friend of mine that asked me if I was into crypto. I said yes, I was into bitcoin, and then he said that I should give him a link for bitcoin mining. I just laughed because it was surprising he knows nothing about it. So I have to educate him on bitcoin, and he is willing to invest if he gets the money.

Firstly let me correct again that bitcoin isn’t the only cryptocurrency and the crypto is referred to every form of digital currencies which can either be bitcoin or any other digital currencies you can think of.
I also want to correct the fact that, a lot of factors outside the above mentioned ones by you can lead to losses in the industry not necessarily greed or lack of knowledge as there are people with high level of greed and lack of major knowledge about bitcoin that can still earn a good profit from the market.

Just as you know a lot of people that have been made by crypto, there are also people who’s lives have been shattered by same crypto and the bone of contention here isn’t about comparison but what I’m trying  to say is that, while preaching about cryptocurrency, we shouldn’t make it seem like is always that easy, especially to newbies as there are a lot of dedication and commitment needed to stay profitable just like every other business .

In every kind of business or investment there's always some risk in it and some people lose why some people gain however the main focus should be is the business or investment doing more good than harm if is doing more good than harm to the people then is a good one, we all know the reason why some people lose in crypto is because of greed and lack of knowledge about cryptocurrency and it's investment strategies, cryptocurrency has done more good to people in this country I know a lot of people who are now successful through the help of cryptocurrency and some people who are getting paid through crypto which is very easy.
The general name for crypto coin is called cryptocurrency be it Bitcoin, ethereum or any other coin however we all regard Bitcoin as the only crypto coin and others as altcoin.

Well we thank God that crypto-currency isn't going to end anytime soon. You are right crypto-currency has offered a lifeline to many youth especially in Nigeria because our government hasn't been of much help to us.

But I have something to add. We keep talking about how Crypto-currency has helped Nigerian youth but let's not forget that some people has actually lost what they had to Crypto-currency. It could be either through investment or trading but one thing is sure you can lose more if you don't do your research or understand what ever you want to get involved in right here in crypto-currency.

@promocodeudo, your writing seems like you’re isolating bitcoin from crypto and making it seem like an entirely different thing all together but I think it’s worth correcting that bitcoin is also cryptocurrency and I wouldn’t have to blame op as that’s one excitement that comes with cryptocurrency as a newbie which I think a lot of us had at the early stage but regardless, op I don’t want you make it seem like, the nation youths are mostly dependent on cryptocurrency and I also want to correct that bitcoin isn’t an employment opportunity or typically an investment but rather a digital currency that’s also supposed to act the purpose of fiat but digitally but due to the volatile nature, a lot of people are already seizing several opportunities from it.

Despite all the incentives bitcoin and cryptocurrencies in general has to offer, it’s always worth mentioning that, there are risk and without a proper knowledge of the market, one might make severe losses which I’m sure no one  wants and that’s why it’s always advisable to only invest what you can afford to lose.

From the begining of your writing, you have been consistently mentioning crypto, I want to understand something are you talking about the Bitcoin that we know or are you emphasizing on crypto,? I want you to understand that though Bitcoin has been of help to us in different ways in this country but the fact remains that it isn't an employment rather an investment, many bitcoiners has other things they do, they don't concentrate on Bitcoin alone because for you to even maintain your accumulatio process, you must have something doing that will enable you to be consistent, yea a lot of Nigerians are into p2p trading stuff and so on but let's not exaggerate things, bitcoin remains what it's, i dont like mentioning crypto for some reasons and thats because we are mainly talking about Bitcoin here so for me anytime I mention crypto it seems to me as if am deviating from the major thing in this forum.

The aspect of the existence of what you chose to mention which crypto I don't know if they will continue to exist but as for Bitcoin it will continue to exist because the technology behind it is not a joke and also the investment of many payers in it, is too much to joke with, I will prefer it if you say if not for Bitcoin and it's community spread across the internet space some persons would have find it difficult to breath in this kind of inflation messed up economy of our dear country Nigeria.
 

Cryptocurrency has really empowered a lot of Nigeria youth today, some people used crypto investment to start up there life and now they are doing very well for themselves it has also made we Nigeria to work online abroad and payment is made easy through cryptocurrency.
Before now working abroad and getting paid is a little difficult because of the charges involved in money transfer but now crypto has made it easy and very less expensive.
A lot of Nigeria youth are also involve in crypto trading and it has been helping them financially.
If cryptocurrency stop to exist today a lot of people will go broke, majority of Nigeria citizens will lose there source of income, cryptocurrency has opened a lot of doors that will help us grow financially, now as a Nigeria citizens you really don't need to travel to a white man's country before you can work with them and earn.
Crypto has empowered so many people in Nigeria a lot of graduate are benefiting from it a friend of mine said if not for crypto a lot of graduate would have gone into depression.