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What would happen to your dollars u bought high if the new Nigerian government succeed with eradicating the multiple exchange rate and we swiftly fall to official rate N461.3 to a dollar.
That's a massive loss. However, I would still be happy if it happens.

Nigerian government would stop importation of fuel and it's likes (save millions of dollars monthly)
Export fuel (strengthen naira)...

What are ur thoughts and views as regards this, pls share.

Holladoyheen:
What would happen to your dollars u bought high if the new Nigerian government succeed with eradicating the multiple exchange rate and we swiftly fall to official rate N461.3 to a dollar.
That's a massive loss. However, I would still be happy if it happens.

Nigerian government would stop importation of fuel and it's likes (save millions of dollars monthly)
Export fuel (strengthen naira)...

What are ur thoughts and views as regards this, pls share.

lols. . .
It can't just happen like blinking of an eye
It wil just be falling gradually till reaches to that level
THATS ALL

twosquare:
Also watching $MATIC (POLYGON)...If things go well, it should do the same as MULTI.

NFA, DYOR.

do you invest on dex or cex? I like your system how much do you think I can start with currently having $120 do you think is enough?

Spiritualizt:
do you invest on dex or cex? I like your system how much do you think I can start with currently having $120 do you think is enough?

I do CEX...low fees, etc. As for DEX, I'm not familiar with it. I pick race when Ethereum gas fees plus DEX fees wan kill me. SO, I do only CEX (Binance).

Although those who turn small capital into much start with DEX but it's not for the faint heart, especially when dealing with Ethereum.

As for 120$,it depends on your perspective. If you can get a coins that does 10% - 15% in a week, not at the same time... Return is $12. So, I will say save to invest...$200 is okay for a start.

*The higher the capital, the higher the reward.

Holladoyheen:
What would happen to your dollars u bought high if the new Nigerian government succeed with eradicating the multiple exchange rate and we swiftly fall to official rate N461.3 to a dollar.
That's a massive loss. However, I would still be happy if it happens.

Nigerian government would stop importation of fuel and it's likes (save millions of dollars monthly)
Export fuel (strengthen naira)...

What are ur thoughts and views as regards this, pls share.

I've thought about it. I think they will negotiate with big players and institutions to fix a unified exchange rate. They will do consultations. So, before that, keep your ears to the ground.

As for ₦461, I don't see that despite the refinery. It's still close to the official rate which is a facade. We are still an import-dependent nation in other areas, although PMS takes more of it. And I think they will float the naira gradually rather than defend. I will liquidate all my coins and rebuy at the unified rate.

Maybe ₦500 - ₦600.

twosquare:
I've thought about it. I think they will negotiate with big players and institutions to fix a unified exchange rate. They will do consultations. So, before that, keep your ears to the ground.

As for $461, I don't see that despite the refinery. It's still close to the official rate which is a facade. We are still an import-dependent nation in other areas, although PMS takes more of it. And I think they will float the naira gradually rather than defend. I will liquidate all my coins and rebuy at the unified rate.

Maybe ₦500 - ₦600.

Please what time will US announce if they will default on their debt today?

Luckyss:
Please what time will US announce if they will default on their debt today?

Don't know the time for announcement. Though I heard a deal has been reached to avoid default, but nothing much.

twosquare:
Don't know the time for announcement. Though I heard a deal has been reached to avoid default, but nothing much.

Thanks brother

Holladoyheen:
What would happen to your dollars u bought high if the new Nigerian government succeed with eradicating the multiple exchange rate and we swiftly fall to official rate N461.3 to a dollar.
That's a massive loss. However, I would still be happy if it happens.

Nigerian government would stop importation of fuel and it's likes (save millions of dollars monthly)
Export fuel (strengthen naira)...

What are ur thoughts and views as regards this, pls share.

It will never happen... Expect 1k to $1 in the next 3 months.

Holladoyheen:
What would happen to your dollars u bought high if the new Nigerian government succeed with eradicating the multiple exchange rate and we swiftly fall to official rate N461.3 to a dollar.
That's a massive loss. However, I would still be happy if it happens.

Nigerian government would stop importation of fuel and it's likes (save millions of dollars monthly)
Export fuel (strengthen naira)...

What are ur thoughts and views as regards this, pls share.

They'll adopt the blackmarket rate instead. No be Tinubu again?

Sad to say but Tinubu will soon make us start to miss Buhari.

Please who can sell just one Matic for me I need it as a gas fee please, I need it urgently

twosquare:
Also watching $MATIC (POLYGON)...If things go well, it should do the same as MULTI.

NFA, DYOR.

please can you sell 1 matic for me, I need it as a gas fee.

Sibbb:


Nairaland is a forum and a forum is meant for discussions like this, sometimes itk nor good.
Well, I’m building on
MATIC
OP
Sol
Dot
Eth
Doge
Etc

please can you sell 1 matic for me, I need it as a gas fee.

coldzobo:

This guy again
This thread is for only crypto related posts.

Go and hawk your numbers at liman hall

Chibyke right

Danpotter:

Chibyke right

LikeAking:


It will never happen... Expect 1k to $1 in the next 3 months.

Urself and anyone who likes this post is certainly not in his/her right senses. Suffer dey sweet una well well.

Bullish99:


Anyone who likes this post is certainly not in his/her right senses. Suffer dey sweet una well well.

Guy na reality...

As a crypto trader, I am not a man of emotions, but reality...

E go happen..

Baba do rush remove subsidy without following due process.. Na so Dem dey remove subsidy?

The refinaries are not working, yet subsidy has been removed..

Do you even know the negative effect that will cause?

Do you know why nation's introduced subsidy?



Face reality...

Start to plan ahead.

Na who never buy USD before, go say things like black market rate is....., but national rate is..

Go buy usd for national rate na..

Bullish99:


Urself and anyone who likes this post is certainly not in his/her right senses. Suffer dey sweet una well well.

Don't mind the prophet of doom, if this new government are able to eradicate multiple exchange rate, expect dollar to fall significantly. Besides, most of our dollars or exchange goes to importation of fuel, once Dangote refinery start production, expect naira to gain significant value. Government also need to open our land borders as fast as possible.

twosquare:
I do CEX...low fees, etc. As for DEX, I'm not familiar with it. I pick race when Ethereum gas fees plus DEX fees wan kill me. SO, I do only CEX (Binance).

Although those who turn small capital into much start with DEX but it's not for the faint heart, especially when dealing with Ethereum.

As for 120$,it depends on your perspective. If you can get a coins that does 10% - 15% in a week, not at the same time... Return is $12. So, I will say save to invest...$200 is okay for a start.

*The higher the capital, the higher the reward.

Thanks man I'd appreciate sorry, one more thing do you used stop loss or you buy low and when there's increase in %gain you takeout the profit?

yemmit90:


Don't mind the prophet of doom, if this new government are able to eradicate multiple exchange rate, expect dollar to fall significantly. Besides, most of our dollars or exchange goes to importation of fuel, once Dangote refinery start production, expect naira to gain significant value. Government also need to open our land borders as fast as possible.

Nigerians are delusional people,

they refuse to accept they are extremely poor

they always expect good fruits can originate from a rotten tree,. even when Jesus himself said it cannot but na dem religious pass

see how you are sounding so optimistic and expectant of this government
you will surely be disappointed

at the end na people like una sabi curse una leaders pass

Emmizay12:


Nigerians are delusional people,

they refuse to accept they are extremely poor

they always expect good fruits can originate from a rotten tree,. even when Jesus himself said it cannot but na dem religious pass

see how you are sounding so optimistic and expectant of this government
you will surely be disappointed

at the end na people like una sabi curse una leaders pass

What will you gain in life by being pessimistic?

Learn to give people a benefit of doubt, you are not God, neither can you see the future. Some deserve death but lived, some deserves to lived but dead, some are wicked but prosper, while some are good but poor. You don't predict evil on things you have absolutely no control over, your resilience and constant hope are what gives or enable you to make peace with your soul.

Besides, how do you expect a rotten tree to bear a good fruit when you don't believe it stands on a fertile land?

yemmit90:


What will you gain in life by being pessimistic?

Learn to give people a benefit of doubt, you are not God, neither can you see the future. Some deserve dead but lived, some deserves to lived but dead, some are wicked but prosper, while some are good but poor. You don't predict evil on things you have absolutely no control over, your resilience and constant hope are what gives or unable you to make peace with your soul.

Besides, how do you expect a rotten tree to bear a good fruit when you don't believe it stands on fertile land?

Well said!!!
Igbos are everywhere criticizing and condemning a government that's just starting cos ur fellow Igbo man didn't emerge winner.

Forget ethnicity and let's come together as one to make Nigeria great.

It goes two ways. First, I often buy low depending on how much % it has lost. You have to check the performance that day and that week to decide, even that month (depending on your trading scope).

Second, I also buy if it hasn't gain much in percentage and there is a potential it will rise. Anything beyond 10% rise, I rarely venture into it except it has a history of doing 20%, 30%, and even 40% before going down again (since we are not in a bull market).

As for stop loss, it is a feature every trader should use to protect profits. Sometimes, you may be asleep and some are just waking at other parts of the world. And you won't know when it drops. I use trailing stop often. Trailing stop has rules. If it drops at a set percentage from the profits you've made (maybe 1%, 2% or even 0.2%), it sells automatically. It is to maximize profit...you can also use it to buy lower than anticipated.

That's just it. No one wants to wake up and find $20 in his portfolio from $100.

Spiritualizt:
Thanks man I'd appreciate sorry, one more thing do you used stop loss or you buy low and when there's increase in %gain you takeout the profit?

twosquare:
I do CEX...low fees, etc. As for DEX, I'm not familiar with it. I pick race when Ethereum gas fees plus DEX fees wan kill me. SO, I do only CEX (Binance).

Although those who turn small capital into much start with DEX but it's not for the faint heart, especially when dealing with Ethereum.

As for 120$,it depends on your perspective. If you can get a coins that does 10% - 15% in a week, not at the same time... Return is $12. So, I will say save to invest...$200 is okay for a start.

*The higher the capital, the higher the reward.

Hello please I have a binance account and would like to know which trade would give me 10% of my money if it goes in my direction. Is it spot trading or futures? Please educate me. Thanks in advance for your help.

*Buon Giorno!*
*I'm on � buying all GCs you have*

All *Prepaid Cards* are welcomed at awesome rates

� Vanilla visa/Mastercard
� Amex visa ✓ 570/$
� Walmart visa ✓ 580/$
� Target Visa ✓ 550/$
� Visa giftcard ✓ 570/$
� Home Depot ✓ 540/$
Et.c Et.c

Other Cards are also welcomed
◼ Amazon ✓ 540/$
◼ Google ✓ 560/$
◼ Steam ✓ 625/$
◼ iTunes ✓ 520/$
◼ eBay ✓ 520/$
Et.c Et.c

�� *Zelle is needed*� ✓ 600/$
�� *BTC is also needed*� ✓ ask
�� *CashApp is needed*� ✓ 660/$
��*Pi network Coin is Needed*�300/$
��*Venmo is needed*�500/$

_Bulk is needed daily�_
_Fast Trade, Fast Pay⚡⚡_

WhatsApp & call
+2347046323082

Ejuna80:

Hello please I have a binance account and would like to know which trade would give me 10% of my money if it goes in my direction. Is it spot trading or futures? Please educate me. Thanks in advance for your help.

spot

twosquare:
spot

Okay thanks

twosquare:
It goes two ways. First, I often buy low depending on how much % it has lost. You have to check the performance that day and that week to decide, even that month (depending on your trading scope).

Second, I also buy if it hasn't gain much in percentage and there is a potential it will rise. Anything beyond 10% rise, I rarely venture into it except it has a history of doing 20%, 30%, and even 40% before going down again (since we are not in a bull market).

As for stop loss, it is a feature every trader should use to protect profits. Sometimes, you may be asleep and some are just waking at other parts of the world. And you won't know when it drops. I use trailing stop often. Trailing stop has rules. If it drops at a set percentage from the profits you've made (maybe 1%, 2% or even 0.2%), it sells automatically. It is to maximize profit...you can also use it to buy lower than anticipated.

That's just it. No one wants to wake up and find $20 in his portfolio from $100.

For this particular trade how do I know the percentage gain? So sorry for my newbie questions