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Nairaland Forum / Nairaland / General / Investment / Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days (62572 Views)
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Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Nobody: 7:00pm On Nov 10, 2022 |
So due to how Naira misbehaving. I went and withdrew 70% of my savings from the bank and bought $19,000 worth of USDT at N863 per dollar on binance p2p Guess what. I just check and they're currently selling usdt there at 722 naira. My hard earned money just lost like that I just deleted the app... If they like let them make it drop to N400 Crypto have really delt with me Last year it was one merchant token that ripped me off $2000 Then Shiba Inu ripped me $1200 Anytime I do anything crypto related I lose money Will anyone advice me to sell my USDT now at 722 and accept my loss or wait untill December if Naira will lose value further to say N900 to a dollar Will dollar be scarce in December? Honest opinions 104 Likes 13 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Cooleeey: 7:06pm On Nov 10, 2022 |
GREATIGBOMAN:don't rush to sell Wait till after election 257 Likes 14 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Nobody: 7:06pm On Nov 10, 2022 |
I need ur input. Money way I wan use start house project I bought that USDT Because I didn't want my money to be loosing value in the bank Now all of a sudden immediately I got usdt some people are now telling me I should have gotten BUSD Why on earth did Naira appreciate As if they were timing me 221 Likes 7 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Nobody: 7:10pm On Nov 10, 2022 |
Cooleeey: U believe naira will deep further? 30 Likes 7 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by uzohrome(m): 7:10pm On Nov 10, 2022 |
Calm down.... naira will come down more 6 Likes |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Cooleeey: 7:15pm On Nov 10, 2022 |
GREATIGBOMAN:don't know that If u really were involved in crypto, u will know patience is a virtue 178 Likes 6 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Nlanalyst: 7:17pm On Nov 10, 2022 |
We can't pray for depreciation of our notes because of one bozo. Inflation is biting hard on all Nigerians, we don't give q rat ass about you. 845 Likes 81 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by cmoney22222: 7:20pm On Nov 10, 2022 |
greatigboman Same shoes with you op Op. I had to modify this. I think you should be very happy. I have made back my loss asap. Since i can’t wait for dollar whatever. Am a futures broker trader but will not advise you to go into futures if you don’t have an idea of how it works. What you should do is to trade me the usdt. For now just buy SHIB Inu. You just need to DCA it when it’s dip. I hope you understand this. You will be in massive profit to cover your loss very soon when it’s moves up. Don’t stress your self. You using one stone to kill two bird. Just buy shib, then go and sleep. The price now is pretty dipped already. You love na small money for $ 12 Likes 1 Share |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Nobody: 7:25pm On Nov 10, 2022 |
Nlanalyst: And whoose fault is it it's depreciating? We all wanted it to appreciate but it kept depreciating I'm certain it will deep further during Christmas when demand for it will be high I so much pray it deeps further Imagine u can't do transaction more than $20 with Nigerian cards. Fuckkk u and your notes 74 Likes 8 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Nobody: 7:27pm On Nov 10, 2022 |
cmoney22222: Will u be selling or holding? 3 Likes 4 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by cmoney22222: 7:28pm On Nov 10, 2022 |
Although I don hold as much as you have, however, I shall be holding. GREATIGBOMAN: 2 Likes 1 Share |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Nobody: 7:31pm On Nov 10, 2022 |
cmoney22222: It's really painful... Especially if u do legit business and know how much sweat u put in before making a single penny. My eyes now almost having issues due to me always on my system doing gigs for people. I've been down ever since. Baddest month of my life. 33 Likes 3 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by juniorstar(m): 7:38pm On Nov 10, 2022 |
GREATIGBOMAN:Leave it..it would still get to 865 and above.. don't be moved..ur emotions is playing with you. I once invested 1k dolls in a new coin currently with the market dip its around 850 but when It goes back up its going to 10x and above..so I am not moved by the mkt. 40 Likes 3 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by cmoney22222: 7:45pm On Nov 10, 2022 |
Cheer up brother. It’s just money . In any way, it’s going to come back up. That’s I know secondly, you will make it all back. If it gives you emotional stress. Pls sell off as I believe it’s heading to the 600 naira region and I don know how long you can long before it comes back up. Peace on you GREATIGBOMAN: 12 Likes 2 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Nobody: 7:45pm On Nov 10, 2022 |
juniorstar: Thanks for the encouragement 1 Like |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Nobody: 7:51pm On Nov 10, 2022 |
cmoney22222: Why do u think it will go to N600 Throughout this year it has been depreciating non stop Na for December way e suppose increase e come the reduce.... nawaoo 10 Likes 1 Share |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by techgen(m): 8:05pm On Nov 10, 2022 |
Naira will hit $1= 500 by January, 2023,... And would not hit 800 for the next 20yrs. Know this and know peace....it's all Written in the sky ![]() Sorry for your lost OP 190 Likes 12 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by VIPAFRICAN(m): 8:07pm On Nov 10, 2022 |
![]() 1 Like |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Wrakeim: 8:12pm On Nov 10, 2022 |
Naira will gain against dollar, sell and count your loses. I am predicting a dollar crash against naira back to #500 to a dollar the market is inflated Modified: More dollar printing going on 62 Likes 5 Shares
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Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by VIPAFRICAN(m): 8:12pm On Nov 10, 2022 |
GREATIGBOMAN:please I would appreciate if you can put me through your gig as well. I'm willing to learn 4 Likes |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by cmoney22222: 8:18pm On Nov 10, 2022 |
That’s what it’s forecasted to be. I think it will get around there . But not to worry. It will come back to 860 buy dec/Jan GREATIGBOMAN: 3 Likes |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Wrakeim: 8:24pm On Nov 10, 2022 |
Please the crypto space has been so volatile don't keep your money on centralized exchanges like binance use hot wallets like trustwallet and metamask or buy hardware wallets like ledger or trezor. Check what happened to cex like ftx recently 38 Likes 4 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by juniorstar(m): 8:33pm On Nov 10, 2022 |
GREATIGBOMAN:But be prepared for a little dip...hope you won't be in need of liquidity anytime soon..lest you are in a tight corner and end up selling for less. 1 Like |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Nlanalyst: 8:40pm On Nov 10, 2022 |
GREATIGBOMAN:Like I said; no one gives a smelly ass about your predicaments. The Naira will keep getting stronger against the dollar, whoever's ox is gored should jump off a cliff 129 Likes 15 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Nobody: 8:45pm On Nov 10, 2022 |
Nlanalyst: Get lost u pig 34 Likes 7 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Nobody: 8:46pm On Nov 10, 2022 |
Wrakeim: Source, trust me bro! 8 Likes 1 Share |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by cmoney22222: 8:48pm On Nov 10, 2022 |
Dollar 688 now.. omg. Na wa ooo 1 Like 1 Share |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by itumafriday(m): 8:52pm On Nov 10, 2022 |
It's even 690 as of this evening but just hold your asset till December 7 Likes |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by LikeAking: 9:52pm On Nov 10, 2022 |
GREATIGBOMAN: ![]() |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by TinubuDeDrugLor: 9:56pm On Nov 10, 2022 |
GREATIGBOMAN: Wait till after Christmas. Be patient bro, don't rush to sell and never rush to buy. 1 Like |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Someodds: 10:13pm On Nov 10, 2022 |
Glorified ponzi. 26 Likes 3 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Fabulouslouie(m): 10:30pm On Nov 10, 2022 |
GREATIGBOMAN: Sorry man but investments is a game of patience. Instead you could have invested in an ETF. Abeg no pray make Naira fall na 6 Likes 1 Share |
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