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Nairaland Forum / Nairaland / General / Investment / Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days (62984 Views)
1.5 + Odds Under 2.5 Single / 150k Under 2 Months / Crypto Is A Manipulated Market! (2) (3) (4)
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Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by easiest(m): 3:17pm On Nov 11, 2022 |
Sell your fiat to a stable coin till market bounce back. Currently seem all altcoins are not ready to go back up and that will make your fund crash more. |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Hydroxide(m): 3:17pm On Nov 11, 2022 |
I had about $3000 on my trust wallet some time ago, it's not worth upto $800 anymore. Na once I leave am there if e wan fall more or rise e no concern me again. |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by SPAMBOX7: 3:18pm On Nov 11, 2022 |
donpata:K |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by decub: 3:18pm On Nov 11, 2022 |
GREATIGBOMAN: You are not alone, many people lost due to the sudden drop. However, you don't invest in crypto when you don't have a good knowledge of it especially when there's hype cos whales hype projects so they can dump on newbies. Don't always FOMO. Your investing in Shiba last year shows you probably heard the news of the hype and didn't want to miss out (FOMO-fear of missing out). Join crypto groups on Whatsapp, TG, crypto twitter and garner enough info before investing in anyone. My 2 cents 2 Likes |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Lionnation: 3:18pm On Nov 11, 2022 |
GREATIGBOMAN:the only problem here is that you just don't have sense |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by jimetagambo: 3:19pm On Nov 11, 2022 |
GREATIGBOMAN: Speculator. Just gambling gone bad. Alot of currencies worldwide are pegged against the USD. Inflation is cooling in the US and market are stabilizing. 2 Likes
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Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Wrakeim: 3:19pm On Nov 11, 2022 |
bobbiiee:Just like what happened to FTX, these exchanges use your money to give out loans; there is what is called fractional reserves, so what you see on your app is just numbers with no value because your money has been loaned out. In crypto if you don't have the key (phrase) the money is not yours. 2 Likes 1 Share
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Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by WHITELIGHTER: 3:19pm On Nov 11, 2022 |
Let's tell ourselves the truth, Naira won't get to ₦860 again...it will hover around ₦750 at best and will go lower when new notes hit the market. 4 Likes 2 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by pocohantas(f): 3:21pm On Nov 11, 2022 |
Carlyboi: Yes of course. 20k Naira. How would I put my money inside crypto? |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Wrakeim: 3:22pm On Nov 11, 2022 |
jimetagambo:globally we are about to enter bear run. Stock market lost 30trillion dollars. This is just the beginning of the great bear. Fintech are going down and sacking employees. 2 Likes |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Munzy14(m): 3:24pm On Nov 11, 2022 |
mariahAngel:Lol..ndi crypto a eeeh, obi ji ata ha mmiri.. Imagine the wish..For naira to reach 910/$ Millions of average will become poor.. |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Drunkard1: 3:25pm On Nov 11, 2022 |
mariahAngel:wis money he dey lose. He get dollar. He is good. |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Wiseonetemmy(m): 3:25pm On Nov 11, 2022 |
Of you can take this advice, you will laugh last. The truth is that the dollar is going to crash which will make naira appreciate. But instead of just keeping all your usdt, you can buy cryptos with 20% of that usdt. The 20% you invest will multiply your usdt multiple times in 1-2 years if you have the patience to wait. Cryptos are at their cheapest right now and it will be a sad news if you don't take advantage of the low prices now. |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by SerendipityHIGH: 3:26pm On Nov 11, 2022 |
Wrakeim: Can you give logical reasons for your prediction? 1 Like |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Drunkard1: 3:27pm On Nov 11, 2022 |
mariahAngel:i need loan. Help or better job. |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Juleeee: 3:27pm On Nov 11, 2022 |
GREATIGBOMAN: Sorry. But I don't want naira to loose value, I want it to gained more value as millions of Nigerians lives depend on it. 2 Likes |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by SerendipityHIGH: 3:28pm On Nov 11, 2022 |
fortunez1: That news was fake |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by einsteine(m): 3:30pm On Nov 11, 2022 |
Opened the thread thinking you lost money in crypto only to see you didn't lose money at all. Usdt is usdt. As long as the amount of usdt you had didn't change, you didn't lose money. Or you are calculating your loss in naira? Since you know you use naira, what then did you buy usdt for? Greed did you in, not crypto. You thought naira would hit 1000 per usdt, right? Lol 4 Likes |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by jimetagambo: 3:30pm On Nov 11, 2022 |
Wrakeim:100% |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Goldbw122(m): 3:30pm On Nov 11, 2022 |
InvertedHammer:Thanks bro |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by an555: 3:32pm On Nov 11, 2022 |
If this guys lose any more money he might have an heart attack |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by einsteine(m): 3:33pm On Nov 11, 2022 |
fortunez1: Stop spreading false news. No such thing as new us dollar policy in West Africa. US notes since 1912 are still being used and their acceptance is codified in US law. Fake news merchants deceived you guys. The US is very well aware that dollar notes are used to hold proceeds of criminal activity. They don't care. Infact, they quite enjoy the seignoirage made from printing such notes. 2 Likes 2 Shares |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Wrakeim: 3:33pm On Nov 11, 2022 |
SerendipityHIGH:dollar is losing value. If you can read charts, check the dollar index (dxy). The dollar is inflated. Excessive dollar printing has been going on since covid. |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Raxxye(m): 3:34pm On Nov 11, 2022 |
GREATIGBOMAN:So you want naira to lose value again so that you'd make profit. I would have said God should punish you and your entire family, but I'd rather pray that God should forgive you and have mercy on you! |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by FunkyAlhaji2015: 3:34pm On Nov 11, 2022 |
GREATIGBOMAN: The dollar is not going to get to 800 dollar again. A lot of travellers come during Christmas with dollars to convert to naira, so there's always a lot of dollars in the market in December. January politicians will be flooding everywhere with money which is mostly in dollars. 2 Likes 1 Share |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by eejo(m): 3:35pm On Nov 11, 2022 |
GREATIGBOMAN:evil mind on Nigeria will not work. Nigeria with a good leader will crash dollar to naira rate. |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Carlyboi(m): 3:35pm On Nov 11, 2022 |
pocohantas: Good you only tested the waters that cryptic coin ain’t for the faint-hearted, ignored that investment nonsense for so long till I put it in some decent sum that’s now reduced to about 35% of my input....not even bothering with it I ain’t selling till it rises to at least the sum invested even if it takes eons lol unless I do a 360. The sum isn’t necessarily a disposable income but I can still comfortably afford to do that.I can’t imagine how people who put in their all in things like this feel?sad,stupid and depressed I guess.it’s crazy out there! |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by Munzy14(m): 3:36pm On Nov 11, 2022 |
Hydroxide:Crypto is gamble..Two people gather to take eachother's money..The smartest wins. 2 Likes |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by kmaster007: 3:37pm On Nov 11, 2022 |
Ok! Thanks for the advice HardMirror: 1 Like 1 Share |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by OldSkoolHeadBoy: 3:38pm On Nov 11, 2022 |
ONCE GREEDY, ALWAYS A VICTIM OF THE LATEST SCAM IN TOWN ! GREATIGBOMAN: 1 Like |
Re: Crypto Is Not Just For Me, Massive Loss (millions Gone Under 2 Days by chukkystar(m): 3:39pm On Nov 11, 2022 |
Cowriwise |
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