Topic: Invest in something that worth your money (Read 264 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.

Op you don ya better thing for here. Make people know say to invest in coins wey no be Bitcoin will put your investment at risk because you will be promised what can not be delivered by a project team, and when they have gotten hold of your fund and you complain, you will be banned from their project group, and if they manage to list the token on an exchange, they will list it below their presale price. Secondly, don't make any investments that will make you give a third party your money and be expecting in return. Make we dey do investment wey we go see that thing we put our money for eye, such as selling of garri, rice & beans, palm oil, and eatery business.

The new pattern wey this people done carry come nah say them go promise to teach you how to invest and as well trade. But deep down their intention na say they want make you just put that your money immediately. I remember when ah they school one of my course mate promise return of investment of about 46% of my initial capital every week. You know say na so this guy use quit school with about 43 student money. The least investment for that guy own na 100,000 naira o. The funny part be say this guy organise class wey e they teach us the basic of trading. Omor na so this guy carry everybody money run till today.

My countri people they no they write better person for face o. Anybody wey they promise you something huge when you know say u no work for the thing and your effort no they equal to weting him one give you. My people no do o. People now done turn to devil wey be roaring lion they waka up and down they find other people wey e go devour.

Me I no go advise those wey dey do investment to survive because there is no way you go make better profit from that investment because you go dey collect am dey chop every week but if anyone want to invest make di person invest am for Bitcoin for a long time and do another thing to survive for di period of the investment. And why people dey fall for those scammers hand be say na greediness dey make am dey enter their and another thing an poverty because dem want to make sharp sharp money over night and dem no know say na internet fraudsters nai get the project.

As the op Said, don't invest any project wey dey promise you to double your money because at the end your money go lost and you go cry. Invest in a project that u know well and not a money doublers projects.

I believe say you go dey talk about the bliss emporium aka "barraza" atleast na the name many people know am as for we dey this part of the naija. Omo no be small thing wey this company do people but the truth be dem be dey actually they meet up and na cause wey many people come believe them die, one of uncle actually invested 600k and the thing fail am. The whole project been belike an exist scam and I learn this for forum here because exist scam na scam wey  dem dey take  lure people to the project by doing correct and truthful till you come the crowd then you go just the money "tuama", "jakpa". So make we dey wise in finding that one investment wey we for with put our money.

Na exactly as you talk am, most people dey too like over gain for wetin dey no stress for. One method dem dey use na this ponzi of a stuff and e dey always work to extort money from people cause some people just too dey dumb to understand and avoid am na so dem take loose their hard earn money. We get to dey money conscious on any investment or business.

Na why we dey advise people to invest in bitcoin, because na something way plenty us of don invest our money before and we see plenty gain, as we dey we suppose know investment way dey sound like scam to our ears, if person dey tell you to invest into a business and in the one month time you go get 💯 of your investment, then know say na fraud be that. A lot of people dey use in name of Forex trading scam thousands of persons,  if you be person way don trade Forex before, you go know say e no easy to get profit while trading, and for person to begin promise you a good amount of money, then know say na lie that person dey lie.

This one na better advice. Sometimes na greed dey make people dey fall for the wrong hand say them dey invest.
Imagine them go tell you say invest 50k to get 100k in a week without explaining properly how the money take double. Greedy ones go rush put money and later the thing go get k leg.

Na true talk be this and e good as you dey remind us here again, different kind of fake investment just full everywhere now and no be only for Naija again even oyinbo's too, person need to be guided now. I don put money for many fake investment wey dey don run with my money but this 2024 I no dey gree for anybody.
Dem dey do all this fake investment in a way wey e go dey hungry you to put money, sometimes dem go allow u get small profit from it but dem still wise once dem reach their profit target dem go just run with your money. Person just need to be guided now.

Na true sha, the story wey you dey talk about some investment wey be say them dey carry people money run, Omo that kind of investment my brother I dey japa from it oh, any Investment wey no dey show wey be say E never take be like a year's I no dey do, this kind thing Don happen for my place wey be say them bring one update wey if you put money like 1500 you go get 3000 and my guy's come dey serious and them say the more you Invite people na so your money go dey increase, E just be like 2 months wey every body Don enjoy the update and many Don invest like 50k 100k, some of people they think say them Don become millionaire, na so those people japa oh  , that one really touch my people ehn.

You see this 2024 ehn, no gree for anybody  , no allow anybody scammed you all in the name of investment wey you go get a lot, me sef any investment wey no concern bitcoin i dey avoid am because there is some coin if you buy am na you go still lose, and that one no concern anybody because you no think before you go carry yourself put for the investment wey no good, so as I talk am before no green for anybody.

the thing when de their be say, as long as it concern crypto investment, na bitcoin get us this year and na their we go invest as we de expect the bull run but we need know say other places de too when we go try choke eye see say we no allow anybody use our head.

Things rough on a normal and the way the matter be, boys wan make am by all means so them go wan bring out fake project just to take from the naive ones. The same way money de hungry you when make you reason to invest your money so with time you fit get profit, na so money de hungry others too and for some, them go wan use bad means take get the money and you no go wan fall victim to them.

Man know the kind stress and effort when I de put in just to secure the bag and nothing go fit pain me pass say I invest my hard earned money into a scam or unfruitful project this year.

We no de gree for anybody this yeah, anywhere we know say money go burst am we go follow am straight up but make we sha try to use out head sha.

You talk make sense I no go lie you, the rate of scam is increasing on the daily basis. I go say before we go invest for any project make we try do our own research and know the kind of thing we dey enter. If na crypto project try check the team members background, if they have been involved in any successful crypto project that is still there in the market. If none of the team members has not been involved in any crypto projects in the past, kindly take your investment elsewhere. Another one be say make we dey avoid greed and free money, where dem go tell you say bring 5k and take 30k in one month, these things dey always purge in the end. It's better say you start fish farming business or poultry business where you go see your investment for eye than to go invest in any scam project wey Dem go take you as exit liquidity. If you must invest in crypto currency, let it be Bitcoin alone otherwise stay clear from what you don't understand and don't know who is controlling your money.

My brother you really dy on point, but you know say ignorance na disease wey dy in our society wey we sopos treat first, see make I tell you, people dy easily fall into scam because their return are always too good to be true, people too like quick money, no body get dat patience to buy Bitcoin and wait.
One of my guy for my area been dy tell me about one project like dat wey dy pay am 25usdt in a day because him put 500usdt plus, I tell am say na ponzi oo, him tin say I dy play till e crash, dat time nai him eye clear.
So my brother majority of people for we country no wan wait, dem dy find quick quick money nai make dem dy fall easily into all this mess.

You try for this your advice on how to make judicious use of our money and also to be careful about some scam projects wey scammers dey take scam people, you try wella but you for don give this advice earlier nau you no try o as me I don already fall for scam projects already and e no make sense at all to go fall for all this unfortunate scammers wey no wan do something tangible with their lives for this kind early stage of the new Year.

Abeg make we heed to this advice wey him give us so o and make Una no dey desperate for anything at all just calm down verify the investment wey you wan go put your hand before you go enter, no just rush am settle down ask questions , make inquiries before making any investment on any project because the rate of scams and frauds now dey on the higher side and as day dey go na so these scammers Dem dey restrategize, make we dey careful abeg to earn money no dey easy to talk of losing it to scammers.

Good morning to all my bosses on Bitcointalk.
I believe say all of us way dey this local board done already know say this na the second week of this new year, and many of us go done dey put head and hand for some kind of jobs wen we come across, wether we go fit from there get money way we go take survive all through this year.
The tin way I won talk be say, as na hustling mode wey we all dey so, make we try invest on watin go yield better profit for rus, because many of us go won put our money for some kind investment way be say na scam projects (unknowingly to us say na scam).
Moreover, my main point be say make we dey careful of the kind of projects or investment way we dey put our money into because most of them na scam projects, as we all they find money na so others too dey find money.

As I come BY last year I see one big house for the capital and I com try ask and then say those people done carry many investors money run. according to watin I hear be say if you invest, them go use your money take trade forex but along the line them done run with people money.

So let's be careful and learn to invest in something that worth investing instead of investing in something that doesn't worth our money.