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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3711250 Views)
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Re: Crypto Currency Investors Thread by Fastt: 5:59am On Feb 21 |
Holladoyheen: Why would I sell my product for free when I can be paid for it especially if I have invested a lot for it. Aboki give you suya test, you say it's not enough,that he should give you all cos you are hungry? That's not how economy works. You pay for product and service and choose ppl base on qualification and not by sentiments. My solution is about 280pages. I travelled 5 continents to get my final data and you say what again? Abeg if you Sabi dem, let them DM me on my nostr channel. |
Re: Crypto Currency Investors Thread by Fastt: 6:08am On Feb 21 |
I will soon be talking about all these online bank, opay and co. A simple SQL request by the government to simple weed out Nigerian counterparts Manipulators BVN, Nin, crypto exchanges, passport, thumb prints, online banks opening left and right, onshore bank etc. The government has every right to these data, get them, make a query on them , regulate the economy. Not so simple,that's where you need data analytics. Read the data, you get your solution. The world is changing, and too fast, you need to appoint technical ppl in these delicate positions. 3 Likes |
Re: Crypto Currency Investors Thread by ElectronicMoney(m): 6:24am On Feb 21 |
Chikacha: Forget about all these long stories Binan.ce is the reason for the rapid fall in the value of our currency, I have taken time to analyse the data 3 Likes |
Re: Crypto Currency Investors Thread by ElectronicMoney(m): 6:27am On Feb 21 |
narite: The reason why that is so is because everytime the rate in the black market moves up the CBN is forced to also adjust official rates upwards. If the CBN does not do this the gap between official and black market rates will widen and that will create an irresistable arbitrage opportunity for round-tripping 8 Likes |
Re: Crypto Currency Investors Thread by ElectronicMoney(m): 6:37am On Feb 21 |
Queseda: A lot of the people who are trying to denying the negative effect of Binan.ce on the exchange rate are doing so because they earn some income in US$, but unfortunately they do not realise that a severe economic turmoil in Nigeria will have a negative effect on everyone either directly or indirectly! 4 Likes |
Re: Crypto Currency Investors Thread by ElectronicMoney(m): 7:05am On Feb 21 |
Tsfari: Bravo! You practically just took the words right out of my mouth. 1 Like 2 Shares |
Re: Crypto Currency Investors Thread by SUPERPACK: 7:14am On Feb 21 |
While you blame Binance it is also worth noting that CBN and Tinubu started this naira free fall the very day they decided to float the dollar rate. You can't float what you don't have in abundance or else scarcity will push it to unbelievable levels. Remember that binance is an exchange and they trade with bots, even CZ have been fined by SEC for manipulation, wash trading and volume manipulations. Now if for a day the volume for a pair is about one million usdt the actual volume minus bots is about $300,000. You heard me right. This is where an ETF comes in, where the real currency is not traded but rather a mirror of it. This ETF will be left for traders to do as they wish while the real dollars is left for those that really need them. 5 Likes |
Re: Crypto Currency Investors Thread by narite: 7:41am On Feb 21 |
ElectronicMoney:Pardon my question. What was your discipline while in school? |
Re: Crypto Currency Investors Thread by Queseda: 8:24am On Feb 21 |
ElectronicMoney:Walahi nobody truly love this country. Everyone just love their own favorites politician and political party 1 Like |
Re: Crypto Currency Investors Thread by Chully01(f): 8:29am On Feb 21 |
Usdt 1875 Even without trading I am in almost 300k profit because I have been unpatriotic since December 2023 ,changed all my naira savings to usdt. 2k usdt here We come I also bought usdt at rate of 350 in the year 2016 or so That one has even trippled in profit ![]() Which way my country |
Re: Crypto Currency Investors Thread by Kaybis2: 8:35am On Feb 21 |
Thanks to Buhari government that decided to ban crypto thereby making it illegal for Nigerians to buy digital assets directly with their master card from MDB and p2p became the saviour hence this speculative trades. Fastt: |
Re: Crypto Currency Investors Thread by Realmrsean: 8:37am On Feb 21 |
Back 🔙 online ![]()
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Re: Crypto Currency Investors Thread by SUPERPACK: 8:45am On Feb 21 |
Chully01:It is not profit until you use it to buy goods in the market. Inflation will take away 600k plus from that your capital from December to now. As companies continue to shutdown you will have nothing to buy again with your money, Lebanon, Somalia, Venezuela, Zimbabwe, etc are examples. Prepare for hyperinflation 9 Likes |
Re: Crypto Currency Investors Thread by nna777: 8:46am On Feb 21 |
santos123: Yeah. Hopefully till 48k |
Re: Crypto Currency Investors Thread by Fhaze(m): 8:48am On Feb 21 |
gentlesilver: On your phantom in app browser or your mobile browser Just visit jup . ag then enter perpetual > earn All you need to do is just deposit JLP (buy and hold) That's all ser 1 Like
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Re: Crypto Currency Investors Thread by SUPERPACK: 8:53am On Feb 21 |
Only those that have used there money to buy goods and metals physically will enjoy this hyperinflation now. That your USD, USDT, Bitcoin or whatever gains are being corroded by triple digit inflation. See fuel price, rice, drugs, import duty all are rising with dollars too ![]() ![]() 6 Likes |
Re: Crypto Currency Investors Thread by Chully01(f): 9:21am On Feb 21 |
SUPERPACK: Wahala |
Re: Crypto Currency Investors Thread by Denewman(m): 9:31am On Feb 21 |
The truth about making money with Vizualize is real....... click the link below to find out https://vizualize.club/referral/1006398
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Re: Crypto Currency Investors Thread by tyup(m): 9:50am On Feb 21 |
owunabastard: It has done so well from ur call but eth fee is just crazy man. imagine being charged $11 for gas fee now wey dollar don jam 2k. any bnb or sol update boss? |
Re: Crypto Currency Investors Thread by LincolnOnyeabor: 11:10am On Feb 21 |
The Truth remains, Whatever profits one is making in this Space, Hyper Inflation is taking every one of them! Fuel is being sold for 1,200 in Abakaliki, and Benue and #1,000 in some parts of Enugu and other prices. Rice is about #75-80k per bag. Bread, Sugar, even Water self. Some Monopolistic Capitalist are taking massive advantage of this stuff. Take Kucoin for Instance, As at yesterday, $$ had been quoted for as high as 1950 there yesterday! Isn't that incredulous?? Well let's see what gives sha. |
Re: Crypto Currency Investors Thread by LincolnOnyeabor: 11:14am On Feb 21 |
Abeg ooo, I buy and sell Solana, BNB, Litecoin (For my Deriv) traders, BTC, ETH and USDT. Still growing but I won't take Your TRUST LIGHTLY and your PATRONAGE Lightly at all. You can quote me here or chat me up on 070 14.96 4921 Thanks everyone. |
Re: Crypto Currency Investors Thread by lovinhubby2wife(m): 11:16am On Feb 21 |
I nor trade I dey in naira profit to the tune of 100k in two days |
Re: Crypto Currency Investors Thread by okeykingsley: 11:31am On Feb 21 |
Analyser, please keep your analysis to yourself. You did not see the old man you guys chose as president, who can not wheel the country to the right direction. You saw how CBN prints money at anyhow to enrich the elite. It's this little one the oppressed are using to survive that you have the time to analyze. Please keep your analysis. ElectronicMoney: 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by armadeo(m): 11:56am On Feb 21 |
Chully01: This is profit bolded. The December one isn't profit cos it would be wiped out soon by inflation. The money probably cannot buy what you could buy with it in December. |
Re: Crypto Currency Investors Thread by twosquare(m): 12:19pm On Feb 21 |
Erums:What can I assist you with? |
Re: Crypto Currency Investors Thread by Eaglepixel: 12:23pm On Feb 21 |
The banks ceo are the one behind this binance naira doomsday. How can banks be in profit and your local currency is down ![]() There's more to NGN/usdt binance price pump. A quick transaction history with binance or binace and other crypto firm are shut down permanently. |
Re: Crypto Currency Investors Thread by Eaglepixel: 12:25pm On Feb 21 |
armadeo: That's what we are saying... Inflation eating your profit. You're back to zero. |
Re: Crypto Currency Investors Thread by ThegreatDon: 12:45pm On Feb 21 |
What next gem are we buying today? #100x |
Re: Crypto Currency Investors Thread by moshuur(m): 12:51pm On Feb 21 |
SUPERPACK:Now imagine she did not change it to usdt. She might not be in profit (technically) but that's one of the ways she stands a chance against inflation We can all agree the country is bleeped. |
Re: Crypto Currency Investors Thread by ElasmoBranchii(m): 12:55pm On Feb 21 |
if you can risk it short btc now. |
Re: Crypto Currency Investors Thread by twosquare(m): 1:01pm On Feb 21 |
It's easy to blame Bi/nance. Like I said some months back, if he only people knew what Buhari did, he should be in the horrible section of prison yard. Not just the printing of money anyhow, but huge borrowing, that we now service debts and yet to touch the real debt.... And we are borrowing to pay salaries. Then unnecessary closure of border, which drove up price of goods, leaving northern borders open. They stole the coffers dry. Dollars can't hit our naira account and autoconversion takes place. It can before. Now, you have to get dorm account. Nigeria was cornered. All the three presidential candidates agreed to remove subsidies and float the currency, except Kwankwanso. Based on the debt, we will also keep borrowing to pay for these subsidies until we ruin ourselve completely. With all these, the government too is complicit. They are not ready to take the hard steps. They know those ruining our Forex, but they still think it's business as usual by taking everything with levity. I pity Nigeria, coz if World War 3 meets you at this state without fixing things like ASAP, this suffering is still doing pressups. And they themselves will not have anywhere to run to. |
Re: Crypto Currency Investors Thread by Allthelight(m): 1:09pm On Feb 21 |
twosquare:buhari was a curse. No one came close 1 Like |
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