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.
Topic: How to make Naija people show more interest for Bitcoin? (Read 315 times)
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. 
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 Ajeh
Even you go shock for the amount of people you go drag into the industry.
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 😂😂😂
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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.
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Quote
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.
In conclusion, those apps you mentioned are good but wouldn’t have same rate as crypto exchanges.
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 Ajeh
Even you go shock for the amount of people you go drag into the industry.
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
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.
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.
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.
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.
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.
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.
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
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.
Now and days as things dey go especially for this bullrun , many people dun dey see the beauty of investing in bitcoin by themselves, weting dey hold some back now , dem dey think say e dun ready dey late to invest put , when we are just starting, if you think say $100k range is the peak of bitcoin then you don't really understand the potential it's have .
I go continue to talk am say is never late to start your bitcoin accumulation journey, because as you keep procrastinating nah so the price go keep dey increase because it wait for nobody, make Una stop to dey invest for Ponzi schemes and invest for something wey matter like bitcoin, because anything Ponzi nor dey usually end well . Don't waste your hard earn money for something wey nor dey add to your growth, like for instance if you see say trading nor be for you leave am invest your money for something else like bitcoin .
I go continue to talk am say is never late to start your bitcoin accumulation journey, because as you keep procrastinating nah so the price go keep dey increase because it wait for nobody, make Una stop to dey invest for Ponzi schemes and invest for something wey matter like bitcoin, because anything Ponzi nor dey usually end well . Don't waste your hard earn money for something wey nor dey add to your growth, like for instance if you see say trading nor be for you leave am invest your money for something else like bitcoin .
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.Mayor of ogba area of view stand great chance in any information one is passing to any one about Bitcoin details of how Bitcoin investment work mostly the aspect of holding 4-5 should be well information as the system is not a quick to get rich process because many has been misinformed and such misinformation and introducing people without the zeal to holding of Bitcoin has made many fall prey to scam it's good that people are introduce but the best is the level of information passed that will make them abide and hold Bitcoin not quick to cut off their investment due to challenge of lacking the required information before hand.
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.
For my country nobody wan wait for legality and activists like us dey proud of Bitcoin and its acceptance dey grow with time. As for legality I go talk say e never mandatory from government yet and you fit still do transactions from any part of the world. The government never create any barrier for Bitcoin transactions so since we still get internet access for here e mean say e no illegal. Some people fit get confused on how to prove am socially but crypto-related laws na just way to disturb regular people. Most of the society no wan make you continue to gain financially so no tire for being aware of Bitcoin and always dey hold am and look for alternative ways to make income. 
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.
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.
Don't get me wrong, all you listed 1-5 are correct but my emphasis on the second number, yes Bitcoin has a fast transaction speed but using that perspective cannot lure a Nigerian to accept Bitcoin and spend on it, if they want faster transactions then there has been upgrades in bank system involving Opay, Palmpay and Moniepoints.
Like CryptopreneurBrainboss said, devaluation of Naira and inflation in the economy, there is prompt need to invest outside the country's fiat, in some blockchain capable of giving massive returns by just holding for some times unlike other investment that requires recapitalizing the funds in same manner and each time there is always increase in prices of goods to trade on diluting the worth of the capital.
Like CryptopreneurBrainboss said, devaluation of Naira and inflation in the economy, there is prompt need to invest outside the country's fiat, in some blockchain capable of giving massive returns by just holding for some times unlike other investment that requires recapitalizing the funds in same manner and each time there is always increase in prices of goods to trade on diluting the worth of the capital.
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.
What a good advise, informing them about what is expected from them before starting, this also have to include the benefits and the challenges as well because we cant only tell them the sweet sides while leaving behind the other side which is the opposite of the good, because information is key as well as power to direct and guide, bitcoin is what we should also try to know the kind of target audience we are introducing it to, because if they were not interested in anything digital, they may not have interest in trying to use bitcoin while our efforts would have been rendered in vain.
All listed here are truly basics on how you can make someone invest on bitcoin but hope we get to understand that it's literally the true form of bitcoin on how it's utilizing with it potentials and not tend to believe it's a marketing or convinceable strategy to just make them invest.
As for Nigerians, they need it in a more thoughtful view where they'd have that insight that bitcoin is a lucrative source of invetainment which the government is against it due to it decentralized potential and knowing that our Nigerian governments would only want to get involved on resourceful avenues that they're liable to o control.
Then make them understand that the government doesn't want us to understand the true being of bitcoin that's why they criticizes it sober don't invest on it.
In a clear note, the government doesn't want it citizen get rich in a financial source of freedom as decentralized technology as bitcoin so they fears about us getting rich out of it overnight.
Let them know how the government acts like they cares but are only centered to how they'd make earning of us. That's why they taxes the physical investors and traders because it's a centralized valuable source.
As for Nigerians, they need it in a more thoughtful view where they'd have that insight that bitcoin is a lucrative source of invetainment which the government is against it due to it decentralized potential and knowing that our Nigerian governments would only want to get involved on resourceful avenues that they're liable to o control.
Then make them understand that the government doesn't want us to understand the true being of bitcoin that's why they criticizes it sober don't invest on it.
In a clear note, the government doesn't want it citizen get rich in a financial source of freedom as decentralized technology as bitcoin so they fears about us getting rich out of it overnight.
Let them know how the government acts like they cares but are only centered to how they'd make earning of us. That's why they taxes the physical investors and traders because it's a centralized valuable source.
Without even much effort in teaching or preaching about Bitcoin, i think more people are beginning to gain interest in it, the social media has played a big role concerning that cause lately news about Bitcoin are now widely spread on different media platform. Well, i think the recently concluded U.S election also played a role to attract many people including Nigerians to pick interest in Bitcoin, when the current President elect was advocating for it during his campaign period, however it would've been much better if our government was Bitcoin friendly, if they can publicly come out to announce buying a Bitcoin reserve as a hedge to our currency, i think it would trigger more people to embrace and learn about it, well one thing i love about Nigerians is that With or without government aids people would survive and if more people realize that Bitcoin is the key to financial freedom for the future i believe they won't hesistate to embrace it, between 2020 to this point a good number of Nigerians have embraced Bitcoin and more a going to join in the near future.
The thing be say more people are getting to know about bitcoin and it’s potential and inside that percentage that knows only a few are actual bitcoin investors. For Naija most people stil Dey see am as Scam and people into it as fraudsters. E go take gradual process make Naija people interest rise on am plus the way the way government dey reason am nodey help matters.
Na better investment wey fit give better ROI than most business investments for we country. Jus like cryptoneurbrainboss talk showing people the reason why it’s better will go a long way, if ur an investor and dem dey see the dividends, Fast fast u go see men wey wan show interest, no b force jus letting them know coz Majority no know
Na better investment wey fit give better ROI than most business investments for we country. Jus like cryptoneurbrainboss talk showing people the reason why it’s better will go a long way, if ur an investor and dem dey see the dividends, Fast fast u go see men wey wan show interest, no b force jus letting them know coz Majority no know
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.
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. 
Op I must tell you the truth. Those points you give or listed here e no dey motivate people to join bitcoin investment if you I am lieing try and see. And the only active aspect wey they make people to join bitcoin na your success stories. If you tell someone say bitcoin dey create financial freedom so make di person come join, Jesu who goes there? Dem no go listen you so you go change strategy ooohhhh. Op these you strategies e no go work out.
All those things you tok there are theoretical of bitcoin and we all know shey Nigeria theories e no dey work again so na the practical we dey fine. But you go fit convince the person na to tell am say if him go invest him go make profit from di investment. And after all these instructions then you can add the above mentioned to sum it all. Because the mindset in this time is to make and not to listen to stories.
All those things you tok there are theoretical of bitcoin and we all know shey Nigeria theories e no dey work again so na the practical we dey fine. But you go fit convince the person na to tell am say if him go invest him go make profit from di investment. And after all these instructions then you can add the above mentioned to sum it all. Because the mindset in this time is to make and not to listen to stories.
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