Topic: Invest in something that worth your money (Read 296 times)

I agree with you on this assertions, you really need to work very hard to first of all have an in-depth knowledge on the business you are trying to invest in. It is something that you can start with just Googling about the sector you intend to invest in. Understand the intricacies of the business and get someone who have gotten first hand experience on the business then ask them questions about the business you intend to get into. There's something called SWOT Analysis. It is good to always measure the Strength, Weaknesses, Opportunities and Threats that lies in the business.


This Naija wey we they now don carry belle and he no look like something wey fit deliver now. Unfortunately, we have a few number of people that can be trusted now because for God's sake plenty people don tire for each other. E they very annoying say people no get plenty money but yet person go they out there they always look for how them go dupe you of your own small money.

Funnily enough oo. We need to shine our eyes these days as we they try to invest in anything, people go even come with crazy ideas say you go fit invest 100k come get a plot of land wey worth over 100 millions of naira for a time not feasible enough. You go come get other people again wey them go still try to sell the same land titles for. Plenty people don fall victim.

Na so them they also try to run people street with this cryptocurrencies investments since plenty people no understand the real concept of it,some mugus go wan scam innocent people with outrageous investment plans.

Every body is trying to make earn means and since the economy is not in a good state and so many things In the mind of a person which will lead to poor students approach. If one's parents is not rich or wealthy you can see most student doing business just to help out, this will lead to total distraction from their studies and will not get them a better grade.

In terms of Nigerians not willing to learn, I don't think any Nigerian will be that stupid to just jump into any investment, with their hard earned money, not possible. Nigerians will first interrogate you and what you also referring to them. Nigerians believe in seeing the outcome before making taking investment decisions.

This matter wey you talk dey common for Facebook. I dey always see all those advertisement and I go just scroll pass because I no say na scam attempt. Most people don sabi that format and dem no go like fall for such cheap scam except say na those people wey never sabi anything Naim go fall Victim.

For me any website wey require me to invest money to get profit, I no dey do. Except say na online business just like Bitcointalk. Any online business wey no be like BTT I no go ft work.

This one wey you dey yan so dey very necessary for this new year wey we enter so. But na these things i think, dey cause why dem dey scam people.

1. Excess love of money: to like money no be bad thing but no like or love am excess because e go surely put you for palava. Some people go see where dey say make dem invest 5k say the next 45 minutes dem go get like 25k or 40k some people go just mumu go put money because their interest go big without asking about the possibilities.

2. Under age: this one dey among, if you go social media you go see small small pikin wey never reach to dey there and them dey easily dey carried away by money things online, anything dey here about money for online there head don big.

3. Naive person : this one dey, pesin wey no get ideal about some particular things, this kind people dem dey easily dey convinced or fooled. etc

If you get these behaviors or you dey under age trust me no matter how careful you dey dem go scam you.

I observed Nigerians are too lazy to learn this days. This habit is even found in most students. They aren't ready to read. They always look for way to manipulate things to pass. This habit has also been affecting people when it comes to investment. They invest without making research or finding knowledge on what they are trying to invest on. I don't know if I should call this laziness or to busy to seek for knowledge. If you can get the knowledge then don't invest in it.

Our problem be say we wan make money fast fast and we no sabi even study wetin we wan invest in... Anything money go just dey push us around. Even after this info wey you pass some people go still fall into this issue.
Try be get enough knowledge about anything wey you wan invest in. even if nah ponzi just no say the initial people go always collect before e crash.

Your point clear, that Matter wey happen for Bayelsa state I hear am. I even get friends and brothers way  invest for their money, some sell land, house, take loans go invest for  Baraza thinking say na trade them they trade for them. Authorities sef no do anything to de person wey Cary out this fraudulent (419) act anything, so many people don fall victim for wrong investment. Some people dem Cary their money run away, some enter 419 hands, so everyone wey wey wan invest this period as the year jus dey begin. Anything you wan go into abeg make you make Sur say U do findings, ask questions, investigate well before U go put Ur money ,resources, finance's, income and profits inside any investment. Because 419 dem dey  plenty every where, them sef dey change plans, patterns, strategies to take collect people money. Authorities way supposed catch them also some time dey work with dem so dey careful.

This country (Naija) things hard, so no go fall victim with small money wey U don try manage save fall victim for wetin wey no worth investing. Try ask before U invest so that U go benefit well.

Omor no be small thing oo, because those men them JAPA with plenty people money and up till date no body done hear anything from them.
As this our country dey so, e no go good wen e be say people go just dey put their money in anything when them see, as e dey now, the country dey low on cash and everybody suppose to careful on the kind of things wey them dey do with money make letter e no go affect them.
Bitcoin na the oga of the whole investment wey dey around the globe, so if anybody dey find were them go invest them money make them just go invest their money for Bitcoin instead of them to go take that high rise to invest for some of this Ponzi schemes.

The matter wey you talk so ehn na truth, most especially for this naija na waiting some people take use do their hustle, they can't do anything other than scamming people, they never care how some people suffer and get their money, all they know is to scam people. Last year i heard about many investments wey people take put their money and get scammed, all this kind of investment they are also wise the first time you put your money they will double your money, na so body go dey sweet them to give it a try again, before you know they have run away with their money, if anybody ever comes to me that see new update they want to put their money on it, all i can say is that i no fit advise anybody to invest their money so if they later get scam they will say na me advise them to join.

This is year they have started with their fake things to get people to scam again, i don't know if any of una don come across any link on any social media they will ask you to join their TG channel and invite more people to join before you can withdraw your money, then i see some people that invite more friends and earn more than one million naira, and before you can withdraw the money, you go first deposit like 5k, then i shout!! In this hard economy where you go get that money from without any suffering, it can never happen for this country.

We need to be very careful this year, because no matter how we take advise people to avoid all this fake investment, some people will never learn, they will still on their trap.

If we want to be productive by the end of the year , this is just the right time of the year to invest. It is easy as the year dey start make we try to just start up our goals to make sure say by the end of the year we gain better profit from out investment.  It might not be crypto but whatsoever thing we think we have the capacity to go after.

You know wetin funny, E get people why know say this particular investment go turn out to be scam but them go still invest with the mentality say dem go fit cashout before the business cast but na dem wey dey fall mugu pass. Before putting your money into any business make sure say you dun do your research well wey be say if the business later be scam then the boys wey dey behind the scams really try to hide am from open eye because every scam dey easy to identify but na we wey dey just throwaway eyes from all the red flags wey the business dey show when them start because we dey see profits we fit make from the business and e dey hungry us.


If you value your money you no go want another man to take am, if you value your money you go always to want to multiply am in a legitimate way and no go wan lose am to one yahoo boy wey dey room dey press phone. No rush any investment, time yourself well and know the investment wey dem introduced you to before you invest and avoid all those rubbish trust wallet presale things wey dey always reign for bull market times for the crypto side. Save up your money and buy Bitcoin or NCA into Bitcoin and if you want gamble with altcoins do am with money wey no go vex you if you lose am. No jump into investment because person wey you know dey tell you say the investment go make sense.

Na so all this forex people dey misbehave. E hard to see legit company wey dey trade forex for naija. Many of them na exit scam them be, them go just dey use Peter money dey pay Paul until them go finally cast. People don dey wise sha, all this their tactics nor dey work like that again. Na only elderly people them fit dey deceive. If you notice these guys leg nor dey ever comot for radio station. Early morning them don mount there dey preach about investment. Forex and real estate scammers choke for the town.

One good thing wey investors suppose know be say, them suppose get knowledge of the kind of investment they intend to invest in.

 Many times the story OP told is a repercussion of investors giving or trust their brokers to do the investing for them rather than them doing it themselves.

How person go take know investment wey worth their money if them no try am and fail or achieve success upon first trial. Abi u don forget the saying which goes, a trial will convince?

Anybody that has Bitcoin or crypto trading interest and knowledge can try to invest in the knowledge and practice trade per time just to get more stronger and develop calluses needed to venture into other areas like DCA, futures trading, spot and leverage trading. This is one sure way to give money in hand worth and maintain good financial discipline, not by gambling or betting.

For me I never see any investment wey dey risk free and even this bitcoin investment some people don see shege because them no wise with their investment, so choosing an investment is not the problem but how you take sure say the investment go bring profit, na here the wahala come and profit no be the only thing, the major thing na to dey smart, shine your eyes and focus, I never see anything wey involve money and scam or fake no go dey, and the funny thing be say when people like this see all this kind of investment them go put all their money inside like say them never see money before lol, likee the way people take dey invest carelessly for fake investment dey funny sometimes and at the same time na lesson make we no invest for fake project. Op thanks for your advice and e good as you bring the topic here.

I still dey surprise as people never learn come still dey put money for ponzi after wetin our eye see for MMM and the likes. At a point ehh, I for say anybody wey them obtain for those ponzi scam deserve am abeg. Na greed dey make some people dey put money for ponzi. If no be greed, why you go put money for something wey you know say the people wey front am no dey do anything with the money yet they promise you plenty ROI, no be juju be that? Just as them take say "mugu fall guy man chop", people wey dey patronise ponzi now na better maga them be. Before me I put money for anything, I dey first look wetin them wan use the money do wey go fit generate the profit them dey promise. Na the only way my mind go fit

To save myself from stress, I don decide say na me and Bitcoin o. Anything wey no be Bitcoin, my hand and leg no dey. Make I dey sure say na me dey control my money as well as the private key. I no dey in a hurry to hammar so I dey take am slow slow with Bitcoin and I know say with time my money go grow.

There are lots of scam in the crypto space so it is very important to be very careful before putting money in any projects. I see a lot of projects and their developers give them hype to get investors, but in the end most of them will fail and people will lose their money, I think that the best thing is to research any one of them that you want to buy to find out if they are good projects or scams. That is why I love Bitcoin more than every other crypto coins in the cryptocurrency market, it is the most reputable among all of them to do investment. Some top rated altcoins are also good for investors to buy, they are reputable like Bitcoin. Ponzi schemes are very dangerous to invest money in them, they can shut down with people's money at anytime.

Which kind explanation dey won give for this kind thing in this present economy. Whatsoever is too high to be real can never be true. Which kind business fit double your investment in just a week. And let's always remember that any one promising to give you double of your investment will have made more than double in the investment before he/she can do so. And do you think any biz life that exist. Let's stop being greedy and invest in something accountable and visible.

You talk am well and I think say this matter wey you just talk now E they very important for a new year like this. As everybody talk say them go go free for this year, that statement alone comes with a lot of responsibilities which includes you understanding whatever business you want to sink money into. It's very vital to understand the nitty-gritty of the business, your calculated profits and the time length it will take to materialize.

Its not always a good ethics to  jump into any investment or trade, this is the reason why many people fall into the wrong hands. Before you go in deeply, understand the SWOT Analysis of the business, check the project proposal very carefully and ensure that they all make your checklist. Finally ask those who are experts in the business to understand if you are making the right decision to invest in the business.

You try for weytin you talk oo but my concern be say how person want talk know say na scam you dey put your money into as for the example wey happened for capital. The way the business dey so legit even as them dey gist you say na scammers them be you dey get double thought because the go extra mile to make everything look so real.

The thing be say make wey just pray make we no run out of luck for any decisions we dey take because no be everything be scam some go later mature come become better investment wey  people wey first incest go reap so high. 
Make everybody just dey on guide! If you want buy any alt use at least you biscuits money buy so that if e go you no go vex too much because the money no too dey important at that moment.

The thing be say, no body go sabi say, this thing fit no get head or na this thing go make my money loss and still, you go find them Dey put money inside.
Yes o, this forex and trade for me thing don be the measure cause of some persons loss of capital and money way them for budget for better thing for themselves inside we nation but how them wan do kwanu. E no too sure for plenty people and people Dey fine means to take survive. Even when then see possibility say this thing got happen and that e don happen before, them go believe say, before e clear them for eye like that, them go don collect their money commot.
Them forget say, victims dey always dey for this kind business and people way dey be victims no dey plan am too.

One mistake way them dey make be say, them see building, office settings and the appearance of staff to mean credibility. Once them get small testimonials and run small advert, them don win people mind but, the wise will still deduce say, all na format, na business strategy and e no Dey stew every time. You’re better off with watin you fit control. Fine watin you understand or watin you fit learn, learn am and invest in am, e go help than when person Dey do for you.