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Nairaland Forum / Nairaland / General / Investment / The Scam In The Crypto World (64386 Views)
SEC Creates A Special Division To Study The Crypto Market / The Scam Called Daily Income Store/aim Global/alliance In Motion / Crypto World For Newbies, Start With Or Without Investment (2) (3) (4)
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Re: The Scam In The Crypto World by Slynation(m): 12:29am On Jun 23, 2021 |
tuboi:Don't mind the guy...I wonder the version of Link he's using, whether it's the same Luno that all transactions are currently on pause mode due to government ban or perhaps he's currently not in Nigeria 1 Like 1 Share |
Re: The Scam In The Crypto World by xandy84: 12:29am On Jun 23, 2021 |
Crypto is game of fluctuation. Buy when the price is low and sell when the price is high and smile to back. This is the time to buy crypto now and not the time to sell. Do not use your saving to buy crypto cos you going to lose your mind when the price hit rock bottom. Even Mark Cuban was burnt by Iron titanium that lose all it value less than 24 hours...
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Re: The Scam In The Crypto World by sylve11: 12:29am On Jun 23, 2021 |
Ahmed4002: hmmm |
Re: The Scam In The Crypto World by neyyoh: 12:30am On Jun 23, 2021 |
Slynation: Might as well buy the dollar and put it in a eurobond paying 5.5% 1 Like |
Re: The Scam In The Crypto World by Slynation(m): 12:33am On Jun 23, 2021 |
neyyoh:No sir...!! I rather invest in crypto and be rest assured of the bullish season |
Re: The Scam In The Crypto World by kinglaxon: 12:37am On Jun 23, 2021 |
You didn't give credits https://metrovibes.ng/the-scam-in-the-crypto-world/ |
Re: The Scam In The Crypto World by Slynation(m): 12:41am On Jun 23, 2021 |
xandy84:Titan pulled a fast one...Most of this tokens are rugpull/,honeypot scam tho... It's always advisable not to go for any token/coins where more than 50% of the total coin is concentrated on few wallets, once they dump, that's the end of the coin, reason I'm still skeptical about doge coin, because once Elon musk dumps it, that's the end of the doge.. 1 Like |
Re: The Scam In The Crypto World by GloShare(m): 12:42am On Jun 23, 2021 |
money121: Holding for a coin with potential. 1 Like |
Re: The Scam In The Crypto World by grandstar(m): 12:43am On Jun 23, 2021 |
All these scammers need to do is pay a few Tiktokers to talk good about a crypto and the price flies high. They now sell before the price collapses 5 Likes 1 Share |
Re: The Scam In The Crypto World by Galaxybar: 12:45am On Jun 23, 2021 |
My friends keep on trying to drag me into IM Academy. I’ve noticed they’re not posting like before. Anyone know anything about them? |
Re: The Scam In The Crypto World by kennethfranc(m): 12:46am On Jun 23, 2021 |
tuboi:Google is your friend when you're in doubt |
Re: The Scam In The Crypto World by Cutehector(m): 12:50am On Jun 23, 2021 |
Maximus85:ah hailings bro. Sorry. |
Re: The Scam In The Crypto World by afroxyz: 12:54am On Jun 23, 2021 |
All these people that started trading in 2020. Please leave the market let serious people invest. Billionaires are taking positions and biyung more crypto. you are writing epistle for your chinkini change. 1 Like |
Re: The Scam In The Crypto World by Cutehector(m): 12:57am On Jun 23, 2021 |
kelvindj98:naira doesnt even qualify anymore to be a currency. 2 Likes |
Re: The Scam In The Crypto World by Johnrake69: 1:10am On Jun 23, 2021 |
neyyoh: BTC has proven over time to be a better store of value than fiat. If you involve yourself with any commodity or instrument that is subject to price movement then market corrections is inevitable. It's basic economics. And talking about the impact of crypto on our local currency my response is short... Crypto has come to rescue us from poverty Which has been designed by politicians without morals. You can invest in stable coins and do lending or staking on Defi platforms and get good returns better than what your banks can ever offer you. The crypto space accommodate everyone depending on your risk appetite. I think you should be more bothered about the fact that your government has been short-changing you by printing unlimited amount of the Naira with no corresponding value added. Everytime they print Naira like that the value of the Naira in your pocket is depreciates and that's the real issue. We all know that only 21 million unit of BTC will ever exist. That's the beauty of Blockchain smart contract. Can you tell me how many units of the Naira is in circulation? 1 Like |
Re: The Scam In The Crypto World by Johnrake69: 1:15am On Jun 23, 2021 |
macjireh: In the next 5years you will look back and ask yourself why you didn't embrace crypto earlier. Crypto is the future. 1 Like |
Re: The Scam In The Crypto World by VeeVeeMyLuv(m): 1:21am On Jun 23, 2021 |
Bearish. Please in your own interest Avoid Margincall
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Re: The Scam In The Crypto World by Danwilliams4u43: 1:34am On Jun 23, 2021 |
Na wa, People is always looking for dubious ways to make quick money 1 Like |
Re: The Scam In The Crypto World by Danwilliams4u43: 1:35am On Jun 23, 2021 |
People can use this guide to spot crypto scam https://www.google.com/amp/s/www.coindesk.com/how-to-spot-a-crypto-scam%3famp=1 |
Re: The Scam In The Crypto World by kunkelhanspeter(m): 1:35am On Jun 23, 2021 |
Lost $3,000 between last week and this week over 1.5m |
Re: The Scam In The Crypto World by Incips: 1:37am On Jun 23, 2021 |
The Crypto market is not a scam itself but many scam people are out there and mostly make fraud with other traders and snatch their valuable money with fraud. 3 Likes |
Re: The Scam In The Crypto World by PlanktonX: 1:37am On Jun 23, 2021 |
Bigshoe2028: Maybe you are one of those who buy things because you see others buying it...Maybe May I let you know that Cryptocurrency isn't a scam. It is a business and not a game. It is so funny when you see people buying stocks, shares, token/coins,gold etc because they see the price going up. These are the things you need to know before joining the band wagon; 1. What's the usability of the coin/token 2. Who controls it 3. How much of it are in the hands and control of the developer 4. What's the market capitalisation 5. What's the total supply and how much are in supply now. 6. Is there plan in the future to burn unused coin. 7. Etc Don't expect a coin with a total supply of 100 billion to out beat a project with 100 million units in supply. Tron Vs Maker Trading and Investment is not for faint hearted and greedy people. It is a business where you buy and hold (HODL), except if you are a guru, you could be trading the fluctuations (Volatilities). There is no scam in Cryptocurrency business, except those investing in Cryptocurrency ponzi , pump & dump and shit coin with false promises. Note, if you wish to make money in Cryptocurrency , look for a good project and hold for at least 3 years. Now that the market is creating another opportunities to go in. We buy in the bear market and sell in the bull market. Buy low & Sell high. 2 Likes |
Re: The Scam In The Crypto World by VeeVeeMyLuv(m): 1:39am On Jun 23, 2021 |
kunkelhanspeter:there's a chance it will get to $100k b4 the final implosion! |
Re: The Scam In The Crypto World by Engineer036: 1:42am On Jun 23, 2021 |
jesmond3945:Coinmarketcap |
Re: The Scam In The Crypto World by Engineer036: 1:44am On Jun 23, 2021 |
jesmond3945:Coinmarkercap |
Re: The Scam In The Crypto World by PlanktonX: 1:45am On Jun 23, 2021 |
kunkelhanspeter: You don't lose money in Cryptocurrency until you sell. HODL Try to learn the fundamentals in trading... target the support level on the daily time frame, once price hit that zone and you see rejections....know that another bull rally is about to start. |
Re: The Scam In The Crypto World by neyyoh: 1:45am On Jun 23, 2021 |
Johnrake69: Great. Nairas devaluation is tied to oil and exports.. Depreciation is tied to over circulation and productivity, this can be curtailed quite easily with high interest rates in the interim and increased output. You didn't answer how my thesis would affect the currency in the cited scenerio. 1 Like |
Re: The Scam In The Crypto World by PlanktonX: 1:54am On Jun 23, 2021 |
Johnrake69: This great analysis of yours is too big for any lazy people to even comprehend. I wish they understand market correction like you pointed out. People fail to learn the basics but find it easy to run shouting scam. Great and wonderful future are staring at us today, but we are too blind to see the future today. |
Re: The Scam In The Crypto World by neyyoh: 2:13am On Jun 23, 2021 |
PlanktonX: Crap only if you bought the dippity dip. This is what annoys me, your overly optimistic stance. Always be weary and remember you're more likely to lose than win It's a game not some yeye haha moment. |
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