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Nigerianpolice | Zikoko!
  • Trading Seriously Affects My Mental Health —A Week In The Life Of A Bitcoin Trader

    A Week In The Life” is a weekly Zikoko series that explores the working-class struggles of Nigerians. It captures the very spirit of what it means to hustle in Nigeria and puts you in the shoes of the subject for a week


    The subject of today’s “A Week In The Life” is a physiotherapist and Bitcoin trader. He talks to us about struggling with mental health as a trader, his dreams to become a renowned poet, and how trading changed his life for good.

    MONDAY:

    At 12 a.m., I’m mostly awake trading BTC. I look for people who want to sell BTC as I simultaneously text people who want to buy BTC. While talking to clients, I also place adverts on social media to attract both buyers and sellers. 

    As the hours move, I religiously monitor something called pips and candles — graphical movements that indicate market gains and losses — and I buy BTC to hold when the price dips. I do this in hopes that I can resell at a higher price when the market goes up. The funny thing is that the market might keep dipping as the day continues so I end up losing a lot of money. Alternatively, the market might also go up and I make a little profit. Because of this volatility, I barely sleep. Someone is either calling me for a transaction or I’m having nightmares that BTC crashed when I was asleep. Either way, I stay up as long as I can to monitor the charts.

    My midnight to early morning is the same cycle of buying, selling, placing advert and texting. However, my day takes a different turn because I have a 9-5. 

    In addition to trading BTC, I’m a licensed physiotherapist who manages private patients. I like to say that crypto is my side hustle while physiotherapy is the main work, but that’s not true —  crypto trading is what makes me comfortable.  

    It’s 5 a.m. when I finally close my laptop for the day and stop trading. I stop because I have a long day ahead. I’ve been booked for private physiotherapy sessions and my patients live in vastly different parts of Lagos. My current dilemma is how to avoid Lagos traffic without splitting myself into two. 

    My more important dilemma is that I need to sleep before I can do any form of thinking. When I wake up, I’ll figure out the next step.  

    TUESDAY:

    Trading crypto can change your life for both good and bad. You can get comfortable from this business, but your relationship with people will also suffer. 

    I don’t sleep because I’m always on my phone or laptop trading. I don’t reply to messages because I can’t carry on a conversation for long. I remember this one time I was on a date with someone who promised to never see me again.

    Why? I was looking at my phone all through the date. I couldn’t explain to her that I was losing huge amounts of money. Sometimes when I’m spiralling, I turn off my phone and take a break away from everybody. I encourage crypto traders to take breaks because no amount of money can make you happy as a full-time trader. You’re always thinking of how to double or triple the money. You’re always reading charts. And you’re also too familiar with watching all the profit you made at 7 a.m. go down the drain at night. 

    Today is a bad mental health day for me. Just for existing alone, I’ve lost almost ₦500,000 in a trade. Even though I know it’ll keep getting worse, I can’t stop staring at the screen. 

    When I can’t take it anymore, I pick up my car keys, turn off my phone and decide to go lodge in a hotel where I can be alone.  

    Trading crypto has changed my life. I’ve lost money today and I’m probably in debt, but I have friends who can loan me money until I bounce back. I’ve lost money today, and I’m crying in my car, but soon, I’ll cry in a well-furnished hotel room. 

    WEDNESDAY:

    Nothing seems to be working for the foul mood I’m in today. 

    I went somewhere to take tequila shots, it didn’t work. 

    I went to dye my hair, it didn’t work. 

    I went to binge eat, it also didn’t work. 

    In the evening, I’ll go to a bar to try to lift myself out of this deep sadness that I feel. 

    When I turn on my phone, I’m sure I’ll see that my friends have been looking for me. It’s ironic how someone will see a photo of me in the hotel and automatically assume I’m happy and balling.

    The constant up and downs in this business are really affecting my mental health. As a medic, I understand a bit about mental health, and this helps me fight thoughts like, “Why am I failing?” “Why am I losing money?” “Who did I offend?” 

    I’m not leaving here without a fight. Life is so useless that it’s not worth dying for. I’d rather life kills me itself before I kill myself. 

    THURSDAY:

    I feel better today, so I spend some time thinking about how social media can be misleading. When I’m making profit, I don’t party or club or even go out. I’m just indoors. 

    But the minute I start to experience back to back losses, I booze-up. If not, I’ll get frustrated. My friends and I have a tendency to make ourselves happy by partying, going clubbing and sometimes taking breaks. Because our approach to bad days looks like enjoyment, it’s easy to look like we don’t have bad days. It’s easy for people to say we’re always balling, always chopping life when the reality is that we’re “chopping life” because we just made a major loss. 

    What a big irony.

    FRIDAY:

    I’ve decided to leave the hotel today and to connect back with the world. The first message I see when I turn on my phone is someone asking me to open a BTC wallet for her and help her trade.

    I’m not the most honest person in the world, but I tell her never to ask anyone to open a wallet on her behalf because anyone in possession of your username and password can swindle you.

    I tell her that BTC wallets are quite easy to open. I also tell her that BTC trading isn’t some magic trick where you put in $50 and get $600 after two days. If the money will increase, it’ll do so by maybe $10. 

    After my speech, I pack my things and leave the hotel.

    I’m barely halfway from my house before I’m stopped by the Nigerian police. They’re shouting at me to park, and I know it’s because of my dyed hair that I’m being stopped. I greet the officers and quickly show them my physiotherapist ID card. The conversation takes a quick turn, and the officer who was shouting softens his voice. The next question he asks is, “Which medicine I fit use if I get Covid?”

    I tell him to go to the hospital if he thinks he has any symptoms. I can’t help but shake my head and sigh as I drive away from their checkpoint. Everyone in this country has a problem that’s doing them.

    SATURDAY:

    I wake up today feeling grateful for my 9-5. My physio job allows me to interact with patients which then forces me to read my books a bit. I love books and I love to read. If I didn’t have to earn a living, I’d probably be a poet or something. Writing poetry has been one of the ways I’ve expressed the intense wave of melancholy I experience. I’m hopeful that someone can relate to how I feel and that helps them feel less alone.

    Sadly, poetry can’t be a full-time job. That’s why I show up, regardless of how I feel, to trade.  

    If you ask me where I see myself in future, I’ll tell you that I just want two things: to release my second and third anthology of poems, and to finally be free from a screen.

    I’m tired. 

    I need to sleep with urgency and without worry about whatever the trading charts are saying. 


    Check back every Tuesday by 9 am for more “A Week In The Life ” goodness, and if you would like to be featured or you know anyone who fits the profile, fill this form.

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  • “I’m Scared Of The Nigerian Police” — Man Like Ezra

    What does it mean to be a man? Surely, it’s not one thing. It’s a series of little moments that add up.

    “Man Like” is a weekly Zikoko series documenting these moments to see how it adds up. It’s a series for men by men, talking about men’s issues. We try to understand what it means to “be a man” from the perspective of the subject of the week.


    The subject of today’s Man Like is Ezra. He’s the co-founder of Paystack, a payment solution company. He talks about painting his nails, avoiding police trouble, and the struggles that come with being the first child.

    When was the first time life showed you that you were now a man? 

    I don’t know if it came as you’re a man and you have to man up. It was more like you’re the firstborn and you’re now out of school, and your siblings have to finish their education. Your dad that was responsible for everyone is no longer in the picture so you have to step up. At the time, I was earning small money while trying to pay for the education of my siblings and also give them pocket money. At some point, I think I was sending money to my mum too. 

    For me, the ultimate aim was for my siblings to become independent because I was only expecting myself to be the breadwinner for as long as necessary. 

    I’m curious: how old were you?

    I think I was 21 or 22. I left uni just before turning 20, so I had gotten a job by then. This was around 2006/2007, and I was the breadwinner until my siblings got out of uni around 2012/13. 

    Man. How did this affect your growth? 

    I remember having a conversation with my mum about this. At that time in my life, I felt like I was making money (however small) but I wasn’t able to save up and do things for myself. For the most part, getting a car was super far-fetched. Every time I attempted saving for something substantial, something would happen that would take the funds. That was a little bit unsettling for me. And it was easy to blame my inability to do things on the fact that I had to take care of my siblings and mum. 

    In retrospect, it’s funny to see how my finances have evolved to the point where I’m comfortable enough to take care of those concerns in the past and not necessarily think about it. 

    What’s one difference between not having enough and being comfortable now?

    Peace of mind. And not getting upset. I don’t know if I was upset at myself or with the people making the request. There’s the powerlessness when a need comes from your family and you don’t have the funds for it. It’s worse when you know that you shouldn’t be at this point in your life because you can see your friends doing well. You know that these friends can easily take care of the problems you’re struggling with. 

    Thankfully, it doesn’t happen again. If I can’t take care of something right now, it just means that I don’t have the resources for it today. Because I can plan properly, I feel more in charge of myself and my emotions and how I face difficulties.

    Pls, do giveaway.

    [Laughs]

    What’s your biggest fear?

    Nigerian policemen scare me. When I’m driving from point A to B, I’m mentally picturing the route where I have lesser chances of encountering policemen. It’s definitely going to be a longer route, but I’ll be more at rest.

    Sigh. 

    I think the police trouble started with my hair in 2011. That’s when I became a regular customer. I’ve ended up writing statements in the police station over ridiculous things — like carrying a laptop in my bag. 

    There was a day I closed from work by 9 p.m. and left the office to get suya. Somehow somehow, I landed in the police station because I got stopped. After delaying me for an hour, they finally let me go home that night. After that incident, there have been random stops and questioning where you can tell that the police officer is trying to get to a point where they have something on you. And if they don’t, they invent something.

    Ahan.  

    Thankfully, I’ve not been flogged or rushed. I don’t know. Maybe I’ve been hit, and I can’t remember because of the beating. I won’t say that I’ve had some of the other scary experiences that people have had. 

    It’s annoying because I’m not someone that likes wahala. All I’m trying to do is get from point A to B in peace. It’s not like I’m an outgoing person either, so I barely go out or go long distances. I’m just going down the road, and I end up getting stopped by the police. Usually,  the encounter with the police lasts longer than the trip itself, and I also end up parting with money. 

    What’s the most money you’ve parted with at once?

    ₦40,000 – ₦50,000.

    Man, fuck the police.

    Yup.

    Moving on to happier things, I’d like to hear about your style inspirations.

    I remember relaxing my hair when I was uni and wearing it all back. During that time, even though there was no official rule against that kind of hairstyle, the school authorities gave me so much trouble. At the end of the day, I ended up cutting the hair. 

    Immediately I got out of uni, I felt I had the freedom to do whatever I wanted, so I started growing my hair. Then I started plaiting it around 08/09. In 2010, I decided to cut it off and have dreadlocks instead. On one of the days I was getting my hair done at the salon, I decided to paint my nails and I liked it. And that just became a thing I started doing as well. 

    Basically, I am just being me. I don’t let the societal constraints that define what’s expected of a man or Ezra define me. I do what I want as long as I’m happy with it. Another thing that fascinates me is androgynous clothing and appearance. Unfortunately, I’ve not had a lot of them. Apart from a couple of sweaters, most of my clothing is the stereotypical guy clothing — T-shirts.

    Interesting. Don’t you care about what people will say?

    [Clears throat]

    I dunno. Part of it might be realising that whatever you say or do will not stop people from still asking questions again tomorrow. I’ve developed general apathy towards people’s feelings. I will continue being myself. 

    Does this extend to your family members? 

    My mum is not going to continuously hammer on the same thing. Yes, she brought it up, but after I explained to her, she was fine. My siblings never questioned my choices though. I don’t know if that’s out of respect or…

    In the beginning, it probably started out like why is my elder brother painting his nails or ordering this and that. Then it progressed to I can’t talk to him because he’s my elder brother. Now, I think it has become I’m very proud of my elder brother being able to do this without caring what people say about him. 

    I’m crying in the club.

    Lmao.

    You said something about your dad being out of the picture. What was that about?

    Long and short was that he cheated on my mum. 

    Wait.

    It’s wild because he was a regional overseer in Deeper Life church. That meant our house was very spiritual. By the time I was six, I had finished reading the bible like twice. 

    Wait. Did you just say Man of God? 

    It doesn’t mean that he’s not a man. Lmao.

    Omo.

    [laughs]

    The cheating wasn’t once, but this particular one broke the proverbial camel’s back. And that’s because he moved in with the person. It was the way he handled everything that made me realise that I don’t want to have anything to do with this man again. 

    Omo. 

    Do you think this influences in any way the red flags you look out for in relationships?

    I don’t know that I have red flags. It’s important that the person is like me in some way and should be able to hold conversations. If not, anything happening becomes out of the question. However, I’ve not been in a relationship since 2013 when my last one ended. 

    Oh. Wow. Do you belong to the streets?

    If you want to put it that way, yes. 

    Dead. This changes my question: how do you decide people to have sex with?

    Basically, I have my friends. They are the people I go to for my needs ranging from just talking to advice to work, and somehow that just becomes a part of it with some of them.

    Doesn’t that complicate the friendship?

    My older friends know me so there’s nothing like them wanting more. And if they do, they know I’m not the person for that. When I make new friends, I try as much as possible to be very clear about the kind of person I am. I let them know that I’m not looking for a relationship, and I have many friends. I’m not about the life of trying to schedule that oh this friend is coming today, come tomorrow. Because at the end of all day, it’s a friendship and we’re all friends. 

    It’s not surprising to come to my house and see me with three friends I met individually but are now friends with each other. You’ll see us either chilling, watching TV, playing board games or making food. New friends I make end up coming into this picture where they can see every other person and how I am with them. It’s now for them to decide whether this person who is friends with a lot of people is what they want. Thankfully, I’ve not gotten into any situation where I have to explain myself about why I can’t be in a relationship with anyone. And that’s because I try to be honest and clear way before anything outside of just being friends happens. 

    Interesting. What’s one friendship that has immensely added to your life?

    I think that’s the one I have with my best friend at the moment. I met her in late 2009, we dated for like a month in 2010, but we went back to being friends. And we’ve been best friends till date. We’ve grown together. We even ran a consulting firm together from 2013 till when I started at Paystack. She’s an expert in her field. She’s always giving trainings because she’s like a manager of managers. One time, she was even a lecturer at the African Leadership University.

    She’s the one person I’ve always gone back to over the years when I have issues and need someone to discuss with. This person always comes through for me when I have a complication in my life that needs to be unravelled. I can’t imagine what my life would be like without her in the picture because she’s been a part of every single thing I’ve done so far. 

    You didn’t ask me oh, but I think you guys should get married.

    [Laughs]

    Tell me how you felt when you finally bought your first car.

    For me, it was a…it felt good.

    [Laughs]


    Check back every Sunday by 12 pm for new stories in the “Man Like” series. If you’d like to be featured or you know anyone that would be perfect for this, kindly send an email.

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