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Again, US SEC Cautions On Investing In Crypto - Politics (2) - Nairaland

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Re: Again, US SEC Cautions On Investing In Crypto by spydera: 2:23pm On May 17, 2022
The truth is that alot of guys have cashed out with crypto...but so many more have be rendered broke beyond redemption as well.

We've all got to take risks at some point.
Man must chop.
Nothing is sure or safe. Not even betting!

Thanks for the warning, a word is enough for who is satisfied with a word.

Hmmm

4 Likes 1 Share

Re: Again, US SEC Cautions On Investing In Crypto by deewon56: 2:24pm On May 17, 2022
Crypto is decentralised concept ,you need to be well oriented before venture into it otherwise you fall for Ponzi scheme claiming to be crypto
Re: Again, US SEC Cautions On Investing In Crypto by morikee: 2:24pm On May 17, 2022
FalseProphet1:
Crypto currency the scam many jobless Nigerian youth have used to gain access into the pants of lots and lots of hungry girls.

I see Nigerians ignoring this advice, I see them walking up and down deceiving more girls that they're into crypto, I see some of them contacting HIV and other STDs, I see them going to the mountain to pray, I see kidnappers kidnapping them before they reach the mountain.
This I have seen.
Back to Sender
Re: Again, US SEC Cautions On Investing In Crypto by attacker321: 2:26pm On May 17, 2022
bizbrainko:
So what options did he propose? We all should use our money to eat akara

Yes
Re: Again, US SEC Cautions On Investing In Crypto by HEBEI: 2:27pm On May 17, 2022
Crypto has come to stay...

1 Like

Re: Again, US SEC Cautions On Investing In Crypto by Multiplier7(m): 2:27pm On May 17, 2022
FalseProphet1:
Crypto currency the scam many jobless Nigerian youth have used to gain access into the pants of lots and lots of hungry girls.

I see Nigerians ignoring this advice, I see them walking up and down deceiving more girls that they're into crypto, I see some of them contacting HIV and other STDs, I see them going to the mountain to pray, I see kidnappers kidnapping them before they reach the mountain.

This I have seen.
Truely, you are a false prophet. No doubt
Re: Again, US SEC Cautions On Investing In Crypto by setobaba: 2:27pm On May 17, 2022
morikee:

Back to Sender
You still get time dey quote the werey seer, everyone on the forum now ignore him. Whatever he saw, is for him
Re: Again, US SEC Cautions On Investing In Crypto by Ijaya123: 2:30pm On May 17, 2022
My question is this, how do you cash the coins in your wallet since no bank is allowed to any transaction?
Re: Again, US SEC Cautions On Investing In Crypto by Yankee101: 2:32pm On May 17, 2022
Biggest fraud in history after tulips
Re: Again, US SEC Cautions On Investing In Crypto by okuta007: 2:33pm On May 17, 2022
dem don dey try to kill this crypto thing because they see it as a tool for financial freedom

people are resigning - labor shortages and u tink they are happy



7.5 Hours -

1. you never add time to shower,
2. dress up, run through traffic (risk of accident) getting to work,
3. being bullied by your employer, trying to survive unfriendly co-workers
4. getting to use bathrooms space with unsanitary minded co-wokers
5. getting stuck up sitting for hours
6. buying your lunch every day adding to unnecessary expenses
7. navigating work place politics, with unending mind games all that
8. going through punitive performance reviews from a mean/ racist boss
9. going home through another round of hectic traffic
10. getting home tired and not spending enough time with your family

IF CRYPTO LIKE MAKE E BE FRAUD - I WILL DO IT FOREVER - something must kill a man - even the food we eat, air we breath can be poisonous

na so Warren Buffet tell us for 2009 say BITCOIN na scam - stay away from it, I wish I never listened... If I had thrown just $2,000 into it then

At least by year 2020 - I would have been worth at least $500 million today - WHO GOVERNMENT HELP? nansense! angry

7 Likes 1 Share

Re: Again, US SEC Cautions On Investing In Crypto by Angelfrost(m): 2:33pm On May 17, 2022
bizbrainko:
So what options did he propose? We all should use our money to eat akara

Your banks will always find a way to win... grin
Re: Again, US SEC Cautions On Investing In Crypto by Yankee101: 2:35pm On May 17, 2022
FalseProphet1:
Crypto currency the scam many jobless Nigerian youth have used to gain access into the pants of lots and lots of hungry girls.

I see Nigerians ignoring this advice, I see them walking up and down deceiving more girls that they're into crypto, I see some of them contacting HIV and other STDs, I see them going to the mountain to pray, I see kidnappers kidnapping them before they reach the mountain.

This I have seen.

Even as you try to make fun of prophecy, you know what? God is using you. Everything and everyone is a tool in God's hands. In the middle of the mockery you're telling truths knowingly or unknowingly

Repent today

2 Likes

Re: Again, US SEC Cautions On Investing In Crypto by Bmaster(m): 2:35pm On May 17, 2022
sotall:
undecided

Pot calling kettle black.

Is Fiat money being regulated by the government not also fraud?

All the government does is print the money and use it anyhow it wants while the citizens work their asses off.
An example is the Nigerian naira that is as useless as used tissue paper somersaulting and tumbling down severally since 2015 from around 200 per dollar to over 600 to a dollar now.
What does the Nigerian government do? They keep printing money and sharing amongst themselves as alleged recently by governor Obaseki.


If any Nigerian had bought bitcoin in 2015, no matter how volatile it has been, the person will still be in profit by now.

What about those that saved in naira? The money has lost value severally.
comrade,you'll need to increase the volume,you makes sense.

I am wondering what the aftermath of our economy will be if par adventure we decided to become stupid at the polls again this time around.

I fear if the heavens will be able to redeem us cry cry
Re: Again, US SEC Cautions On Investing In Crypto by Originalsly: 2:37pm On May 17, 2022
sotall:
undecided

Pot calling kettle black.

Is Fiat money being regulated by the government not also fraud?

All the government does is print the money and use it anyhow it wants while the citizens work their asses off.
An example is the Nigerian naira that is as useless as used tissue paper somersaulting and tumbling down severally since 2015 from around 200 per dollar to over 600 to a dollar now.
What does the Nigerian government do? They keep printing money and sharing amongst themselves as alleged recently by governor Obaseki.


If any Nigerian had bought bitcoin in 2015, no matter how volatile it has been, the person will still be in profit by now.

What about those that saved in naira? The money has lost value severally.


People we're bold like this when others were warning of MMM ... when that crashed ... silence. They are warning again .... but I guess they don't know what they are talking about. What I heard a few days ago shocked me.... the regulators can file for bankruptcy.... and just like that... it's over ....you have nothing... nada. It is the same this one is again warning.

1 Like 1 Share

Re: Again, US SEC Cautions On Investing In Crypto by Arkmanbuddy(m): 2:38pm On May 17, 2022
DoctorDree:
Everything na risk abeg
Even saving money for bank na risk
If them close down you hardly get your money too!!!


Have you heard of NDIC?

2 Likes 1 Share

Re: Again, US SEC Cautions On Investing In Crypto by Bmaster(m): 2:39pm On May 17, 2022
okuta007:
dem don dey try to kill this crypto thing because they see it as a tool for financial freedom

people are resigning - labor shortages and u tink they are happy



7.5 Hours -

1. you never add time to shower,
2. dress up, run through traffic (risk of accident) getting to work,
3. being bullied by your employer, trying to survive unfriendly co-workers
4. getting to use bathrooms space with unsanitary minded co-wokers
5. getting stuck up sitting for hours
6. buying your lunch every day adding to unnecessary expenses
7. navigating work place politics, with unending mind games all that
8. going through punitive performance reviews from a mean/ racist boss
9. going home through another round of hectic traffic
10. getting home tired and not spending enough time with your family

IF CRYPTO LIKE MAKE E BE FRAUD - I WILL DO IT FOREVER - something must kill a man - even the food we eat, air we breath can be poisonous

na so Warren Buffet tell us for 2009 say BITCOIN na scam - stay away from it, I wish I never listened... If I had thrown just $2,000 into it then

At least by year 2020 - I would have been worth at least $500 million today - WHO GOVERNMENT HELP? nansense! angry


bro,to be sincere,you are made already before now going by the fact that you can afford $2000 as far back 2009 ?

You can remember someone financially today if you wish to

1 Like 1 Share

Re: Again, US SEC Cautions On Investing In Crypto by Gokoyer0(m): 2:41pm On May 17, 2022
Some of these wallets such as crypto.com, Coinbase, binance and etc have debit card. There are other options as well such as simplex also. Just do your research very well before you venture into crypto. Lastly, the golden rule is that don't put money you can't afford to lose into crypto.
Ijaya123:
My question is this, how do you cash the coins in your wallet since no bank is allowed to any transaction?

2 Likes 1 Share

Re: Again, US SEC Cautions On Investing In Crypto by BIDOO(m): 2:44pm On May 17, 2022
Guyman02:
He is saying this because many countries are using Crypto to circumvent western sanctions against Russia since they invaded Ukraine.

A lot of people can conveniently trade without the Petrodollar by using Crypto which is affecting the economy of America and the West.
The value of Crypto will soon go up, this is the right time to take a chance
You're a daydreamer! Warren Buffett warn against this crypto few years back, and the results is what's happening now! Trust me those good rates some years back was purportedly for public awareness, 90percent of traders are now pawn in the hand of the gamers! Before you attack me, let me say this that I've quite a number of bucks on binance! I can send you my wallet address if you care! The truth is not far fetch, crypto good days has long gone. Sellah.

1 Like

Re: Again, US SEC Cautions On Investing In Crypto by Chukzy44(m): 2:46pm On May 17, 2022
okuta007:
dem don dey try to kill this crypto thing because they see it as a tool for financial freedom

people are resigning - labor shortages and u tink they are happy



7.5 Hours -

1. you never add time to shower,
2. dress up, run through traffic (risk of accident) getting to work,
3. being bullied by your employer, trying to survive unfriendly co-workers
4. getting to use bathrooms space with unsanitary minded co-wokers
5. getting stuck up sitting for hours
6. buying your lunch every day adding to unnecessary expenses
7. navigating work place politics, with unending mind games all that
8. going through punitive performance reviews from a mean/ racist boss
9. going home through another round of hectic traffic
10. getting home tired and not spending enough time with your family

IF CRYPTO LIKE MAKE E BE FRAUD - I WILL DO IT FOREVER - something must kill a man - even the food we eat, air we breath can be poisonous

na so Warren Buffet tell us for 2009 say BITCOIN na scam - stay away from it, I wish I never listened... If I had thrown just $2,000 into it then

At least by year 2020 - I would have been worth at least $500 million today - WHO GOVERNMENT HELP? nansense! angry


On point Sir ��!!
Re: Again, US SEC Cautions On Investing In Crypto by Gokoyer0(m): 2:46pm On May 17, 2022
I know someone that put 500 USD into BTC in 2011 the guy is a very rich guy now. He deactivated all his SM accounts and opened new one when 1BTC hit 30K USD. He is living in Paris now.
okuta007:
dem don dey try to kill this crypto thing because they see it as a tool for financial freedom

people are resigning - labor shortages and u tink they are happy



7.5 Hours -

1. you never add time to shower,
2. dress up, run through traffic (risk of accident) getting to work,
3. being bullied by your employer, trying to survive unfriendly co-workers
4. getting to use bathrooms space with unsanitary minded co-wokers
5. getting stuck up sitting for hours
6. buying your lunch every day adding to unnecessary expenses
7. navigating work place politics, with unending mind games all that
8. going through punitive performance reviews from a mean/ racist boss
9. going home through another round of hectic traffic
10. getting home tired and not spending enough time with your family

IF CRYPTO LIKE MAKE E BE FRAUD - I WILL DO IT FOREVER - something must kill a man - even the food we eat, air we breath can be poisonous

na so Warren Buffet tell us for 2009 say BITCOIN na scam - stay away from it, I wish I never listened... If I had thrown just $2,000 into it then

At least by year 2020 - I would have been worth at least $500 million today - WHO GOVERNMENT HELP? nansense! angry


1 Like

Re: Again, US SEC Cautions On Investing In Crypto by hermesprogidy(m): 2:47pm On May 17, 2022
Useless Gary Gensler, I am very sure the SEC has a hand in the depegging of TerraUST. Crypto is here to stay!
Re: Again, US SEC Cautions On Investing In Crypto by Gokoyer0(m): 2:48pm On May 17, 2022
Don't mind them. I wish I get money to buy like 10 ETH now. Crypto is not for the feeble-minded.
hermesprogidy:
Useless Gary Gensler, I am very sure the SEC has a hand in the depegging of TerraUST. Crypto is here to stay!
Re: Again, US SEC Cautions On Investing In Crypto by Enumerator(m): 2:50pm On May 17, 2022
cheesy
bizbrainko:
So what options did he propose? We all should use our money to eat akara
Re: Again, US SEC Cautions On Investing In Crypto by DeLaRue: 2:59pm On May 17, 2022
I'd hazard a guess that over 90% of those into crypto in Nigeria end up losing money.

Everyone keeps quiet about their loses grin

I know a few people who crypto has wrecked and it will take them years to recover.

The prices often go up for no obvious reason. They then collapse for no particular reason. So, how can you in Nigeria say you are an expert in crypto trading when you have zero insight into the price manipulation going on in America

Until the whole industry becomes more transparent, investing in crypto should be considered highly dangerous.

6 Likes

Re: Again, US SEC Cautions On Investing In Crypto by Czario: 3:08pm On May 17, 2022
hermesprogidy:
Useless Gary Gensler, I am very sure the SEC has a hand in the depegging of TerraUST. Crypto is here to stay!

What you don't know is international bankers have recruited CZ and other crypto moguls for the great reset crime.
Re: Again, US SEC Cautions On Investing In Crypto by MartinsD12(m): 3:09pm On May 17, 2022
Nigerialabalaba:
Again, US SEC cautions on investing in crypto


https://nairametrics.com/2022/05/17/us-sec-cautions-on-investing-in-crypto-days-after-nigerias-regulation-of-digital-assets/
This is nonsense is Fiat currency not controlled by government and banks why nonsense are they talking about

1 Like

Re: Again, US SEC Cautions On Investing In Crypto by ponishah: 3:22pm On May 17, 2022
sotall:
undecided

Pot calling kettle black.

Is Fiat money being regulated by the government not also fraud?

All the government does is print the money and use it anyhow it wants while the citizens work their asses off.
An example is the Nigerian naira that is as useless as used tissue paper somersaulting and tumbling down severally since 2015 from around 200 per dollar to over 600 to a dollar now.
What does the Nigerian government do? They keep printing money and sharing amongst themselves as alleged recently by governor Obaseki.


If any Nigerian had bought bitcoin in 2015, no matter how volatile it has been, the person will still be in profit by now.

What about those that saved in naira? The money has lost value severally.
Them dey tell you now you no hear, you think say you smart, ater you will start looking for lagoon to jump into
Re: Again, US SEC Cautions On Investing In Crypto by okuta007: 3:24pm On May 17, 2022
Gokoyer0:
I know someone that put 500 USD into BTC in 2011[b] the guy is a very rich guy now[/b]. He deactivated all his SM accounts and opened new one when 1BTC hit 30K USD. He is living in Paris now.


God bless you - IF people are not poor, the government can not control them grin
Re: Again, US SEC Cautions On Investing In Crypto by ponishah: 3:28pm On May 17, 2022
grossintel:
The heading is misleading, where exactly is the Caution here. Nairaland eh… am loosing interest visiting this site day by day.

Look for an English language teacher!

1 Like

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