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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3803004 Views)
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Re: Crypto Currency Investors Thread by lionshare: 8:09pm On Aug 16, 2023 |
doyin01: Your own theory is based purely on speculation or assumptions which is also emotional. Secondly, your assumption on the balance of trade is wrong. [url] https://dailytrust.com/nigeria-records-n1-2tr-surplus-as-foreign-trade-hits-n52-38tr-in-2022/[/url] 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by lionshare: 8:11pm On Aug 16, 2023 |
doyin01: Pls prefer to be civil always! I am not sure you understand the context in which I mentioned the CBN report. 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by doyin01: 8:16pm On Aug 16, 2023 |
lionshare: Keep allowing them deceive you..the same dailytrust that claimed that investors are trooping in and that dollars will become less than 500naira by 2023..here we are , dollar is almost at 1000naira...let them keep deceiving you with unverifiable claims..... Well if the naira keeps gets stronger , then it is a great news for Nigerians as things will be expected to get cheaper...but the reality is that there are no sensible economic plan by the government that will make this happen soon..that is just the reality on ground.. You go explain tire.. 5 Likes |
Re: Crypto Currency Investors Thread by lionshare: 8:47pm On Aug 16, 2023 |
doyin01: You can easily verify the balance of trade from NBS or trading economics. 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by emperornoble: 8:55pm On Aug 16, 2023 |
lionshare:I don't really get why you're defending this fraudulent Nigerian government and being so emotional. The reason why naira will keep depreciating is because is simply because Nigeria doesn't have anything to sell,the only major export of this country is oil ,now ask yourself how much of that oil are we really selling,from all the fake numbers that they are reporting to the theft happening in Niger Delta ,CBN owes JP Morgan and Goldman Sachs about $15 billion ,CBN pledged Nigeria's foreign reserve after entering into security lending with the groups ,the same foreign reserve that they said is $32 billion last year was actually $17 billion and you still believe the numbers they are giving us and if you think we have enough foreign investors ,we don't ,GSK announced its closure this month,MTN,Dangote, Unilever, Guinness and other top companies in Nigeria reported a loss of over N630 billion naira as of June this year so if you're a foreign investors and see those numbers,are you still going to come and invest. It's only going to get worse from here believe it or not . 7 Likes |
Re: Crypto Currency Investors Thread by twosquare(m): 10:04pm On Aug 16, 2023 |
Quoting what I said on another thread some days ago... Now, what is to be expected? Borrowing $3bn to cushion certain FX demands is repeating the same mistake except they have other things up their sleeves (which I believe they do) people are not aware of. The crux now is to break the strength of the parallel and completely render it impotent... I don't know how they will do that, but I suspect it will be backed by the law. Brace for further impact down as school resumption nears. There should be upsurge normally, but the opposite may happen. twosquare: 1 Like |
Re: Crypto Currency Investors Thread by nna777: 10:18pm On Aug 16, 2023 |
nna777: Markets have started reacting. We might see 28k sooner than later. Alts are already in double digits loss. If you can't stand your loss, delete your app and come back by November. Newbies stay off!!! We might just see a long Wick to 25k by month end. Nothing is off the table. 6 Likes |
Re: Crypto Currency Investors Thread by GRACEGLORY: 10:32pm On Aug 16, 2023 |
Re: Crypto Currency Investors Thread by LikeAking: 10:52pm On Aug 16, 2023 |
GRACEGLORY: Nice! 1 Like |
Re: Crypto Currency Investors Thread by SINisSIN(m): 10:59pm On Aug 16, 2023 |
25k 30k Newbies here sorry en. They will be like should I buy or sell. Just learn simple trading analysis and you will be fine. If you are confused, leave the market as the other guy advised. 6 Likes |
Re: Crypto Currency Investors Thread by LikeAking: 10:59pm On Aug 16, 2023 |
twosquare: You won’t see that fool @robnecter engaging in sensible conversations like this. 2 Likes |
Re: Crypto Currency Investors Thread by Alexas58: 5:52am On Aug 17, 2023 |
nna777: The USA stock sector seems to be in a mini uptrend! |
Re: Crypto Currency Investors Thread by Alexas58: 5:52am On Aug 17, 2023 |
GRACEGLORY:We can see 25k with what I’m seeing You can see that Eth has already vowed to pressure! |
Re: Crypto Currency Investors Thread by FoolishBoy419: 6:08am On Aug 17, 2023 |
LordAdam16: Absolute truth. Nigeria and even Nigerians do not care about you as an individual. |
Re: Crypto Currency Investors Thread by Robnectar(m): 6:59am On Aug 17, 2023 |
LikeAking: Likeaslave hwfar nah 🙄🙄🙄 1 Like |
Re: Crypto Currency Investors Thread by BigCowHornn: 7:52am On Aug 17, 2023 |
Robnectar: ArmedRobbernectar ha far? Which app we go download today use you as referral ? 2 Likes |
Re: Crypto Currency Investors Thread by Robnectar(m): 9:23am On Aug 17, 2023 |
BigCowHornnydick Lmao 🤣🤣🤣😂😂😂😂😂😂😂😂😂😂🤣🤣 |
Re: Crypto Currency Investors Thread by twosquare(m): 10:06am On Aug 17, 2023 |
"You need more discipline, not capital. You need more patience, not more coins. You need more consistency, not strategies. You need more calmness, not excitement." #copied 6 Likes |
Re: Crypto Currency Investors Thread by Siberia01(m): 10:11am On Aug 17, 2023 |
twosquare:dem don send you liquidation message? 11 Likes 1 Share |
Re: Crypto Currency Investors Thread by atuagbo: 12:13pm On Aug 17, 2023 |
Words! 👍 twosquare: 1 Like |
Re: Crypto Currency Investors Thread by GRACEGLORY: 12:43pm On Aug 17, 2023 |
Alexas58: It's also possible, sir (but it will be 24K), as the Jerome had used his Hawkish tone redirect the power of the USD. The dollar index influences global liquidity conditions as it is the fact, and a dollar drop impact increasing demand for cryptocurrencies (technically).
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Re: Crypto Currency Investors Thread by BigCowHornn: 12:55pm On Aug 17, 2023 |
Robnectar: ArmedRobberNecter I prefer bigcowprick Childish ode Lmao 🤣🤣🤣😂😂😂😂😂😂😂😂😂😂🤣🤣
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Re: Crypto Currency Investors Thread by GRACEGLORY: 1:00pm On Aug 17, 2023 |
GRACEGLORY: While all else crashes there's a shooting 🌟 2 Likes
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Re: Crypto Currency Investors Thread by GRACEGLORY: 1:01pm On Aug 17, 2023 |
twosquare: Thanks for constantly sharing 1 Like |
Re: Crypto Currency Investors Thread by GRACEGLORY: 1:07pm On Aug 17, 2023 |
SINisSIN: That could be confusing really, I get. I've been looking at the market from the angle of the dollar strength (DXY). WEAK DOLLAR IS STRONG CRYPTO. Jerome had to be Hawkish to influence the dollar strength this morning for the time being. But rather than leave the market, I'll hold and allow things go as it will. It's either up or down. 1 Like |
Re: Crypto Currency Investors Thread by seankafor(m): 3:52pm On Aug 17, 2023 |
Naira back to bull run
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Re: Crypto Currency Investors Thread by doyin01: 4:18pm On Aug 17, 2023 |
seankafor: A country that imports almost everything including toothpick..how will their currency stay fundamentally strong ?? The naija government are not ready to fix the problem...they should fix the root of the problem...trying to defend the naira artificially is not the solution..doing that might only work temporarily but the naira will still get weaker on the long run.. 1 Like |
Re: Crypto Currency Investors Thread by QuinModah(f): 5:02pm On Aug 17, 2023 |
Do business, invest or produce something, you can always adjust the price or fees charged for your goods and services unfortunately majority of us are consumers. Hoarding forex is speculative, if you must buy dollar make sure it is for business or investments, not to just be in the account or under your mattress Copied. 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by QuinModah(f): 5:04pm On Aug 17, 2023 |
Siberia01: |
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