Thanks bro. Checking your blog out. I hope we can get people teaching people for free. A lot of people scamming
trader selling signals you can get for free

Goodnewsforlife:
abiola won just one state in d east n lost the rest

Igbos didn’t vote anyone else but pdp, get that.

What's your point?
Obasanjo, Yaradua - PDP
Obi - LP

I feel sorry for the Nigerian government, they are fighting a fight that they cannot win.
You cannot ban technology, it is impossible.
Advanced countries figured that out years ago and decided to embrace it to use it to their own advantage.
USDT is a blockchain technology where anyone can access digital currency USDT pegged to $1
Ban Binance etc, anyone can still buy USDT easily because it is blockchain based.

The true cost of the sharp rise in the naira was sown by Buhari years ago.
Nigeria major export apart from oil is our human resource, there are millions of Nigerians living outside
Nigeria and their remittance is over $20 billion every year. During Obasanjo, Jonathan's era, remittance to
Nigeria was straight forward and the banks benefited from the inflow.
Buhari introduced many policies that made Nigerians living abroad to seek other means of sending
money to Nigeria cutting out the banks. That was the main issue, the dice was set at that point for the decline of the naira.
Nigerians abroad learnt how to cut the banks and send their money to Nigeria.
In the US and other countries, they saw the threat of bitcoin and crypto and decided to work with the technology. Banks were
licensed to issue Bitcoin ATMs, so the US are able to track and benefit from outflows and inflows through Bitcoin.
Buhari on the other hand was so backward to see what was coming.

Secondly Naira/USD, USD is the base currency, you are pitching 2 currencies against each other.
The US Government is heavily fighting inflation with their rate cuts, so the more they fight the stronger is the USD.
So if Nigeria floats their currency against the dollar without intervention, the naira is at the mercy of the US federal reserve.
What Nigeria can do is release a large influx of USD liquidity into the market, flooding the market. Law of demand and supply
will make the price to fall sharply, that is all you need to do.

The fear of drastic fall in the dollar price periodically will discourage speculators and hoarding of the dollar.
Create FUD (fear, uncertainity and doubt) in the minds of those hoarding the dollar and then increase the supply of USD,
the dollar rate will drop.

BUT we know that Nigeria is broke so they can't do it.
Long road ahead for everyone

Love800:
When does one know when it is bull or bear periods or cycles?

Does the coinmarketcap have an app? Or it is just a site.

Here is another pro tips, you don't need to even invest big money.
$10 in the right crypto can set you up. You can find undervalued projects in crypto, put $10 in and
make 1000x.
Here are a list of undervalued projects for anyone interested.
go to https://moonbags.fyi/
you will find a list of 15 undervalued projects, look for them on coinmarketcap, find out where to buy them.
Buy before may and sell in dec. Just $10 in each and you are good to go
THANK ME LATER

Love800:
Interesting.
You were the only person i understood very well. The rest are speaking too many grammars dat makes it hard for one to comprehend.

I want to ask. So how can one start with dis crypto. Having a phone is the first tin, right?

To start with crypto, you first have to understand BULL and BEAR cycles.
Bull cycles are the period where the prices of crypto goes up for a continuous period until a top is formed
while BEAR cycles are the period where prices of crypto goes down for a continuous period until a bottom is formed.

Before you think of starting crypto, try and identify the cycle of the market we are in.

Crypto has a 3 years BEAR cycle and a 1 year BULL cycle.
Jan 2018 to Nov 2020 - Bear cycle
Dec 2020 to Oct 2021 - Bull cycle
Nov 2021 to May 2024 - Bear cycle
June 2024 to ----------- - Bull cycle

To be successfully, you only buy during the bear cycle and only sell during the bull cycle.
When we get to the bull cycle and you start hearing everyone screaming that crypto is pumping and everyone is excited,
that is when you know you have to sell.
The reason 99% of people lose money in crypto is due to this 1 fact: They buy during the bull cycle and panic sell during the bear cycle.

To start, go to coinmarketcap.com, it has a list of all the cryptos.
look at the top 10, study everything about each and if you are convinced, take the plunge and invest. You will find the places you can buy each there.
BUT MAKE sure you are only buying it during the BEAR cycle,after buying it then wait, wait and wait. The moment you start hearing everyone
talking about how crypto is pumping, everyone is now starting to buy as prices are going crazy, that is your clue to sell.
Goodluck

It is like asking what has Gold contributed to the economy.
Crypto is a store of value against inflation. Because Fiat (which is another name for local currency) has infinite suppy,
over time, fiat suffers inflation as a result of governments all over the world printing unlimited supply of their local currency.
Ask yourself, 1 naira in the 1980s, can it buy the same thing now in 2024, IT CAN'T. Because of inflation.
Every citizen is at the mercy of inflation, that was why the original whitepaper of bitcoin pointed out that fact.
Due to the inifinite supply of Fiat, the citizens are playing on an unfair playing field. (Your money in your bank account
will get worthless overtime)
Then comes crypto (which is a store of value against inflation like gold).
In order to safeguard yourself against inflation, buying bitcoin helps you achieve that.
Crypto can benefit the economy in 2 ways.
1. Sane Governments all over the world are now hedging their reserve in bitcoin and gold, the aim is to protect their local currency.
Example in 2015, 1 bitcoin was $200, assuming the government had converted $100 million to bitcoin, they would have 500,000 bitcoin.
today worth is $25,000,000,000. That reserve can now be used to dispense $1 billion over a 25 years period.
That is why the US has approved Bitcoin ETFs, so normal citizens can now diversify their pension funds in Bitcoin.
2. The naira has infinte supply, so if a new government comes and secretly prints more naira, it dilute the current supply and causes
more inflation. you can store your currency in bitcoin to hedge against that, and then pay your capital gain taxes when u sell, hence
helping the economy.

The reason Nigeria is suffering is because many people have zero to no knowledge of crypto, we have many cryptocurrency, but bitcoin is the main one due to its tokenomics which makes it more and more scarce every 4 years. Many people lose money trading crypto, crypto is not designed for trading as much as gold too is not designed for trading, it is for investment and a store of value overtime.
Buy some bitcoin today and hedge yourself against excessive printing of the naira and inflation.

NoToPile:
Nigerians and bad mouth.

A potential loss now everybody is badmouthing the team.

They didn't do well today sha.

Maybe na psycology, something is wrong somewhere.

Did you not watch the game? Nigeria couldn't pull 3 correct passes without giving the ball away

Where are the Tinubu/Shettima Pre-election bus cards that people were praising?

Bigblogman:
Bookmark this Post: Biden will never be president as in never, Donald Trump will be certified winner by Dec 14th. watch and learn Master Chess moves. God is at play and many people all around the world shall be amazed at what will begin to happen in the coming weeks.

So come Jan 20 and Biden becomes president we can officially call you a fool then?

Just because of wifi password, you see your life!!!!

I sometimes wonder why men are so eager to expose their fellow men for we girls to see.
But seriously I can't go out to town each day without seeing , its too much ooooooo.