| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by kotonu: 5:09pm On Nov 11, 2022 |
Remmedy:
Omo 19000$ is too much
just with 4500$ My colleagues are making 100k to 200k naira daily with same usdt swap……
It’s well …. This money we go make am How do I learn how to do this usdt swap thing? |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by mindworx: 5:11pm On Nov 11, 2022 |
GREATIGBOMAN:
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 As I type, usdt is 710. I will advise you sell now. You will have only lost 2.91m out of 16.4m Naira will appreciate against dollar and it will not depreciate. Ire ó! 1 Like 2 Shares |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by sundayakasdy(m): 5:13pm On Nov 11, 2022 |
GREATIGBOMAN:
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 Be patient bro... Your only problem is greed and FOMO. U jump in cause people hype not because of due diligence conducted. |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by xevove2061: 5:16pm On Nov 11, 2022 |
prophetic69:
I can help you with chart analysis for free if you like, dm me your WhatsApp number.... Which chart you dey analyze for usdt? You dont know anything. Lol |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by xevove2061: 5:19pm On Nov 11, 2022 |
alyarmouk:
Dollar will definitely hit 1k+ before general election NXT year... you've not lost yet...jus leave it there The ghy na fear fear, very naive person. I was about to swap 35k worth of monero when the dip happened. Im in loss of 7k now, instead of me to lose that much let me kuku lose everything. That much musg appreciate! 3 Likes 1 Share |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by xevove2061: 5:20pm On Nov 11, 2022 |
bitingcool:
crypto wey don cast.leave ur money in usd and watch it appreciate while u sleep. nobody dey buy crypto again. Elon musk sef don comot him money. sorry oo Crypto cast? Where? |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by merits(m): 5:22pm On Nov 11, 2022 |
GREATIGBOMAN:
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 business is a risk,even live itself is a risk.'a little word for the wise' |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by 16inchdick: 5:26pm On Nov 11, 2022 |
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| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by juman(m): 5:31pm On Nov 11, 2022 |
Crypto is not good business. |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by alphabbey1(m): 5:32pm On Nov 11, 2022 |
rottennaija:
He bought fait not crypto. If he had spent the money of say bnb, btc, eth, doge, etc, I would say makes sense. USDT is fait. If naira appreciate further, if Nigeria joins BRICS and start trading with China using our local currency, naira will appreciate and he would lose more. Some people and trash, 5&6, imagine putting Nigeria and BRICS in same sentence... |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Lukayly: 5:34pm On Nov 11, 2022 |
Ot better to stake your usdt pending the time you're ready to sell |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by alphabbey1(m): 5:35pm On Nov 11, 2022 |
tabaralph:
My dear once the redesigned naira floods the economy trust me naira will be firm against the dollars, no politicians keep money at home again, naira will surely appreciate, it’s when the naira was still flooded the economy the politicians mopped up the dollars last week just to do away with the naira they stocked at home that was why the dollars skyrocketed last week So how come other countries currency lost to dollar during the few weeks, and simultaneously all are gaining back at the moment. Are those countries also redesigning there notes.... Yeah! It's at this point we can both agree ur whole comment is clownish |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by frankson1(m): 5:43pm On Nov 11, 2022 |
Truth234:
He needs to learn to invest it. He has not invested but only change to USD. He needs to learn how to invest in dollars. It is all these motivational speakers that tell them to change to dollars. It is rubbish.
The CBN's new policy won't do much, I explained what led to this improvement in naira value in the link I published above.
What would bolster Naira's value against its global counterparts is Dangote Refinery. It would ease Nigeria's over $50 billion expenditure on import fuel, which can then be used to cushion the economy. It's okay if it's about investing and not changing to dollars for future gains as lots of people have done and some more are been advised to. |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Glitcher: 5:44pm On Nov 11, 2022 |
GREATIGBOMAN:
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 calm down, the naira is a shit coin. It's pumping because of a new policy but people will find their way around this new policy soon and the crash against dollar will continue. I'm only selling my usdt after the first economic policy by the new administration come next year. Any policy not drawn at increasing foreign investment is no threat to the downtrend. Try and also diversify your portfolio, its not very wise to hold only usdt. 4 Likes |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by ikejohn(m): 5:45pm On Nov 11, 2022 |
It happens to me too, but why not trade it and recover your loss at p2p. Or you wait it will go up again, once US govt (Fed) increase interest rate dollar will rise which will devalue naira more probably by December 13th Fed meeting. Sorry. |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by staga: 5:49pm On Nov 11, 2022 |
GREATIGBOMAN:
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 Wait for two years. Thank me later. |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Niorte: 5:56pm On Nov 11, 2022 |
mariahAngel:
When you're typing plenty plenty, I knew you were headed somewhere.
So, how much do you charge?  So in all my stories, that line was what caught your attention. It's Ok. I could write more cause that is one of the business I'm deeply involved in. You can interact with me on Telegram. username: kemkem22 |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by SeamT: 5:58pm On Nov 11, 2022 |
USDT is a stable coin peg with usd dollar, so you should be worried about anything, if dollar drop just like now, things might be cheaper, hence no money lost. It’s not an investment. It’s just converting your naira to dollars |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by komols856: 6:00pm On Nov 11, 2022 |
GREATIGBOMAN:
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.
Imagine if you have used this money to buy land. That is the most assured, secured and safest investment now. Especially in a prime strategic location. Even land banking without buying to own it permanently will give you 40% interest within a year
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 |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by jaxxy(m): 6:00pm On Nov 11, 2022 |
GREATIGBOMAN:
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 Lesson No1 b4 u invest in anything do ur information gathering and studying if u have the time bt if not get to a trustworthy professional for expert advice on that particular investment type. Don't be impulsive with investment. |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Niorte: 6:01pm On Nov 11, 2022 |
juman:
Crypto is not good business. ....When one does not want to learn but wants to earn ....When one does not have an experienced person holding you by hands ....When one does not have a trading plan ....When one is not disciplined ....when one has got high level of greed ....when one lacks patience and more of when.... |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by mariahAngel(f): 6:03pm On Nov 11, 2022 |
Niorte:
So in all my stories, that line was what caught your attention. It's Ok.
I could write more cause that is one of the business I'm deeply involved in.
You can interact with me on Telegram. username: kemkem22 That was the destination, so yeah. Again, how much? |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by pocohantas(f): 6:05pm On Nov 11, 2022 |
Carlyboi:
It depends but since you ain’t keen about it just sell it off.is there any appreciable tho? Appreciate kini? As I dey move am about, almost $5 commot in minutes. No wonder una dey get high bp for the matter. I dey wait to receive credit from the buyer sha. Thanks for this motivation.  1 Like |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Onmyrise: 6:07pm On Nov 11, 2022 |
VlamesIffect:
i know that feeling. It's still better you hold till December i mean worst case scenario it maintains this rate till then. Or if the money usage is a matter of urgency sell and count your loss.
As much as we hope, we can't predict tomorrow.
Next time when you want to buy make sure you plan for this thing by investing in a fixed income something. It will hedge the exchange rate risk.
Let's say 1$ = NGN 750 Calculate the risk exchange up to $1 = NGN 1000
the difference of NGN 250 use it invest in a fixed income. So of dollar rises you still make money. if it sells the fixed income profit will help you balance the loss in value.
Whats fixed income.profit |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by socialjustice93: 6:09pm On Nov 11, 2022 |
Niorte:
Hello,
Your headline is misleading. You didn't lose money to crypto, you lost money because you were trying to do the Bureau D'Change system where you buy low and sell high. Were you expecting the Naira to keep falling?
I also was in your shoes, I bought some usdt at the rate of 863 per usdt and by the time I wanted to withdraw, it was already down to 850.
Guess what I did? I transfer the fund to my future account, made a trade with 10% of my portfolio with a tight stop loss. As soon as I got 35% profit, I just close the trade. The profit make up for the loss due to Naira strengthening against the dollar.
See ehn, Crypto can make you rich overnight. It can also send you to the village in few hours.
The problem many people have is that they want to make money fast fast, I belong to a topsecret signal room where premium signals are being dropped. Even after telling people to use not more than 10X leverage, some will still use 50x and 75x, they say they want the profit to choke!
But they failed to manage their risk, such people make $100 in the morning and loss $500 in the evening due to lack of discipline.
One mistake people make again is that they don't listen to news or belong to a community where economic news is shared.
For the past few days, crypto trading was affected by fundamental analysis and not technical analysis. If you are trading based on technical analysis in the last few days, you surely would have lost but if you have your ears to the ground
Listen to FOMC press release such as US inflation and CPI report, then you would have made crazy. The fight between CZ(Binance) and SAM(FTX) also contributed negatively to the bear will experience.
Sorry, I'm writing out of point.
If you want to trade profitably, then contact me....I do not promise heaven on earth but be sure you will get quality signals. All you will have to do is to know how to enter a trade, set stop loss, lock profit and close a trade and you will see your portfolio growing.
You win, you lose but your winning rate should be high enough....thats the way trading works
Hello do you have a whatsapp or telegram group? |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by tobby20: 6:10pm On Nov 11, 2022 |
GREATIGBOMAN:
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 $1200
Anytime I do anything crypto related I lose money
Will anyone advice me to sell my USDT now at 722 and accept my loss or wait untill December if Naira will lose value further to say N900 to a dollar
Will dollar be scarce in December?
Honest opinions I can link you to some legit investment from wales company I’m not convincing anybody I would have invest in it but I have no financial funds as I’m a student But if you promise to pay me at least 40% of the money you would make I would link you up You are not giving me your money o I’ll show you proof and everything you need Then if you decide . I’m in a Redpill update group on whatsap My whatsap is on my siggy Rich dad poor dad ; what separates the rich from the poor is just information |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by mariahAngel(f): 6:12pm On Nov 11, 2022 |
Munzy14:
Lol..ndi crypto a eeeh, obi ji ata ha mmiri..
Imagine the wish..For naira to reach 910/$
Millions of average will become poor..  They don't care. |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by meobizy(f): 6:12pm On Nov 11, 2022 |
Millionaire no dey Nairaland. |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by mariahAngel(f): 6:15pm On Nov 11, 2022 |
meobizy:
Millionaire no dey Nairaland. Pele o. Hahahaha 1 Like |
| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by EmmyOD(m): 6:17pm On Nov 11, 2022 |
GREATIGBOMAN:
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
Wait... Are you talking of Nigerian Dollars cards or the Nigerian naira cards cos I just applied for a domiciliary card for this same purpose. Pls explain further sir |
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| Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Daniel058(m): 6:18pm On Nov 11, 2022 |
GREATIGBOMAN:
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 I think you should sell and wait till naira stop falling and start rising again |
