doyin01:


Sometimes I wonder if some of you did not do ordinary economics at least in secondary school....

A country that does 90% import and less than 10% export..is the same country you expect its currency to get stronger ?? Smh.....continue to be emotional and keep watching how the naira keeps getting weaker......it is people like you that do make the foolish leaders at the government think that they are performing well..instead of saying things the way they are , you will rather call people enemies of the country whenever they tell you the reality on ground...

Fuel will soon reach 800naira..dollar will reach 1000naira...truth is always bitter..but it does not change the truth....nonsense government..

doyin01:


The same report that showed that even CBN are part of the problem that is affecting the currency....

@the bolded , like the way they stabilized the rate from 150 naira to the present rate..nonsense...

lionshare:


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]

doyin01:


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..

lionshare:


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]

twosquare:
When you hear them say it will reach N1000 to a dollar, I think it is time to sell.

Buy the rumor, sell the news... I fear bull trap for some.

If the owner of this thread had waited now, he would have been in massive profits. He don deactivate his account: https://www.nairaland.com/7426846/crypto-not-just-me-massive

nna777:
Recession is here. It's only a matter of time before markets adjust to the realities.

In US alone, credit card debt just suppassed $1T, Car loan debt over $1T, Household debt over $12T, student loan debt over $1T, mortgage debt over $17T.

In China, the property sector over $36T debt. Europe is already in recession there. It's not looking good short term. Once markets start reacting to the realities, it's going to be bad for a while. Plan your trades accordingly.

GRACEGLORY:



BTC to shoot above 30K.

GRACEGLORY:




30K on my mind....

twosquare:
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.

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.

GRACEGLORY:




30K on my mind....

LordAdam16:


Yes.



Nigeria does not care about you. The sooner you understand and accept this maxim, the better for your mental health.

-Lord

LikeAking:


You won’t see that fool @robnecter engaging in sensible conversations like this.

Robnectar:


Likeaslave hwfar nah 🙄🙄🙄

twosquare:
"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

twosquare:
"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

Alexas58:

We can see 25k with what I’m seeing
You can see that Eth has already vowed to pressure!

Robnectar:
BigCowHornnydick
Lmao 🤣🤣🤣😂😂😂😂😂😂😂😂😂😂🤣🤣

GRACEGLORY:





Still on the mission to cancel one zero.
I hope some persons benefits from this call.

twosquare:
"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

SINisSIN:
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.

seankafor:
Naira back to bull run

Siberia01:
dem don send you liquidation message?