The price Cryptocurrencies have continued to fall, as crypto market struggle with the double whammy received from Tesla CEO Elon Musk and the ban from China.


Read full article at https://investogist.com/bitcoin-drops-below-40000-as-crypto-market-tumble-on-double-whammy/

Investogist:
The price Cryptocurrencies have continued to fall, as crypto market struggle with the double whammy received from Tesla CEO Elon Musk and the ban from China.


Read full article at https://investogist.com/bitcoin-drops-below-40000-as-crypto-market-tumble-on-double-whammy/

BUY THE DIP!

I done de save money since January wey I go pump into crypto. I'm waiting for more dips before I jump in.

Imagine if I had left the #80 thousand naira worth of BTC I bought in 2017 till now. I for done cash out like 4 point something Mill naira by now. There's no going back on crypto. Governments will hate it because it's decentralized. They have zero control over it. And its swiftly taking over paper money

I also made the mistake of purchasing a real estate property 2017 when I for just dump the money into crypto. Imagine how much N1million naira worth of BTC bought in 2017 (when BTC was below 20k dols) will be now.

BUY THE DIP!!!

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has warned that most cryptocurrency transactions are illegitimate. Emefiele made this assertion during the monetary council meeting held at the Headquarters of the Apex Bank in Abuja.

Responding to a question raised by journalist at the meeting if he had a sense of consolation about the plunge in Bitcoin, The CBN Governor responded by saying that the bank has conducted research that show that most cryptocurrency transactions are illegitimate, and that he was not astonished about the recent fall of Bitcoin.

The Governor also said that under the #Bitcoin cryptocurrency transactions, Nigeria comes 2nd but in the global size of the economy, Nigeria comes 27th.
The Governor further said, that the Apex Bank is still working on its data and will make it available to the public soon.