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Nairaland Forum / Nairaland / General / Business / I Just Lost 400k (42574 Views)
I Just Lost 400k Revisited / Please Help I Just Lost My First Bank And Zenith Bank ATM Card / Business I Can Start With 400k In Lagos (2) (3) (4)
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Re: I Just Lost 400k by Lordsonn: 11:19am On Nov 04, 2023 |
Keep your money. Dollars will shoot up before the end of the month. CBN is only sustaining the current exchange rate with borrowed loan. The loan will soon be used up. |
Re: I Just Lost 400k by doggedfighter(f): 11:20am On Nov 04, 2023 |
GeneralDae: Una don start another one. She's yet to recover from the one you guys pushed her into. 11 trillion ! 2 Likes |
Re: I Just Lost 400k by Akerele44(m): 11:24am On Nov 04, 2023 |
Illegal1: Oloriburuku omo obidiend na una stupid mindset and advise push the guy Stupid people from foolish tribe |
Re: I Just Lost 400k by Princewill1(m): 11:26am On Nov 04, 2023 |
I'm a student of the legendary American investor Warren Buffett and he has this to say when it comes to investing. "Be Fearful When Others Are Greedy And Greedy When Others Are Fearful" ~Warren Buffett Any investment or business opportunity that is in the public domain and everyone is rushing to invest is a red flag for me. It will most likely burst. Rare fortune in investing are found when you go against the tide. 1 Like
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Re: I Just Lost 400k by CodeTemplar: 11:26am On Nov 04, 2023 |
According to God's own advise, "seedtime and harvest time no suppose cease". |
Re: I Just Lost 400k by Lordsonn: 11:28am On Nov 04, 2023 |
mactoni91:You really understand. The government can't sustain Naira appreciating with borrowed loan. Only massive export will strengthen naira for a long time. Dollars will go up before the end of the month. |
Re: I Just Lost 400k by ofemigeorge(m): 11:31am On Nov 04, 2023 |
Athena6: Oh you female. I said it. When you mentioned people should contribute money for you for your loss I was like, this guy is talking like a typical Nigerian woman. |
Re: I Just Lost 400k by FitCorper: 11:32am On Nov 04, 2023 |
Athena6:Athena hold your position. Just cut down on your spending budget for now. Dollar will rise again as it will still test 1300 level again and when it does this time around, Quote me I will tell you when to sell after that forget about anything dollar and instead focus on agriculture. That’s the new gold mine. Good news is you have enough time to think of the type of agriculture to venture into. Don’t despair, na who quite now lose. Don’t commonise this advice. |
Re: I Just Lost 400k by SamuelLoch: 11:33am On Nov 04, 2023 |
Athena6: If you sell now, you lose... This is the season for the dollar to fall because it's pumped into the economy. There's less demand for it. December's are like that.. From trend, there's usually a increase in demand for the dollar from March, and it surges around August. The only reason why you may not cash out big is if the Dangote refinery launches massively before mid-next year and if the go to chooses to play with us. Did you put it in a dom account, USDT or US stocks? |
Re: I Just Lost 400k by Fugazy2023: 11:33am On Nov 04, 2023 |
NapoleonHill: Hahaha another ignorant buffon. Na so una push her till she lost 400k+ 🤣🤣🤣 Most of you trade forex like gamblers. Reason why 90% of you lose money Haha hahaha. I'm not even asking her to give me money. Na she go open the account herself Na her account details go dey there. No other person can withdraw her money except her. So I don't know where the scamming is coming from. Ignorant buffon |
Re: I Just Lost 400k by Akaegwu(m): 11:33am On Nov 04, 2023 |
kestolove95:Gambling. |
Re: I Just Lost 400k by kestolove95(m): 11:35am On Nov 04, 2023 |
Akaegwu:e Don cut |
Re: I Just Lost 400k by ufuosman(m): 11:36am On Nov 04, 2023 |
Painful 😣 but many want it to fall more Inside life 1 Like |
Re: I Just Lost 400k by shiki(m): 11:36am On Nov 04, 2023 |
Didn't I advise you to wait until Dollar come down to 1k/$ before investing in it? I will advice you for the second time, if you are not using the money for now, let it be a long time investment for you, after a year and half, you will smile. Take it from me. Athena6:
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Re: I Just Lost 400k by OGHENAOGIE(m): 11:36am On Nov 04, 2023 |
chronique:you have said it all I hope dollar to naira go down More so these greedy speculators can lose.. 3 Likes |
Re: I Just Lost 400k by stagger: 11:36am On Nov 04, 2023 |
Athena6: Hahahahhaa! You know nothing of the fundamentals of the currency market. If you did, you would have held off buying any dollars now, knowing that CBN was expecting a huge amount of money that would be used in settling all deliverables. They even announced it well ahead of time. The Naira will gain short term but remains fundamentally weak long term. If it was when there were still intervention programs by NIRSAL at 9%, I would have advised you to take a Naira loan and use your current US Dollars as a collateral (either you purchase a dollar-denominated asset whose value won't depreciate such as a 2-year US Treasuries note at its current 5% interest). With time, if the Naira remains fundamentally weak (which it will as we don't have reserves, we are still trying to unwind the crude oil swap deals and there is still heavy pressure for imported goods such as petroleum products, aviation fuel, medicals, school fees, etc), you can liquidate the USD asset and get a gain on it via the exchange rate which you will use to pay off the Naira loan and its interest. Jimoh Ibrahim pulled it off successfully and walked away with all his properties that AMCON had seized all intact. 2 Likes |
Re: I Just Lost 400k by sacajawea: 11:37am On Nov 04, 2023 |
Wolfdevil:True. But when exactly will this happen? Before the end of this year? |
Re: I Just Lost 400k by GeneralDae: 11:38am On Nov 04, 2023 |
doggedfighter:Check it out. Market value increased from 27 trillion naira in December to 38 trillion naira presently. This is the best year for the Nigerian stock market. |
Re: I Just Lost 400k by copyrites: 11:40am On Nov 04, 2023 |
People like you are some of the problems of the world. You want to make billions of dollars in 2 weeks? You wan cash out in 2 weeks? Weyrey. If you can't wait for at least 2-3 years, better go and withdraw your money and buy shawarma. Low risk appetite people and their wahala. God knows I can never do business with people like you. Always crying, agitated, and fearful. I pity any man advising you currently. You go use worry and curses finish him in his DM. |
Re: I Just Lost 400k by Nobody: 11:40am On Nov 04, 2023 |
Thought I advise you to invest in landed property, so you go buy dollar hoping it will reach 1500 by December. All these quick quick money people, una go learn by force 1 Like |
Re: I Just Lost 400k by ugodson(m): 11:40am On Nov 04, 2023 |
Athena6: Guy quote me, this is Christmas period it's expected for d dollar to decrease but it came early if you dont have need for the money i did advice you to leave it second week in January it will SURELY increase bro |
Re: I Just Lost 400k by pocohantas(f): 11:44am On Nov 04, 2023 |
Persephone1: They don't want to sell even akara or render any service. Only to hoard dollar. I have some that keep coming to me to sell for them whenever I want to change money. They always want to buy from me at a lower rate. Last month these speculators created heavy artificial demand and it go to almost $/N1400. 3 Likes 1 Share |
Re: I Just Lost 400k by BeauBragnar11: 11:49am On Nov 04, 2023 |
oluayebenz: Black market?? |
Re: I Just Lost 400k by boxypane(m): 11:56am On Nov 04, 2023 |
Athena6:Bro, pls cut your losses. Though the dollar should increase within the week, but it should crash than now |
Re: I Just Lost 400k by ayotade09(m): 12:00pm On Nov 04, 2023 |
Illegal1:you sha wan send him back to his village 1 Like |
Re: I Just Lost 400k by Hassanmaye(m): 12:00pm On Nov 04, 2023 |
Ceasarceasar:I Lost 200k Yesterday |
Re: I Just Lost 400k by Ikaeniyan0: 12:03pm On Nov 04, 2023 |
Re: I Just Lost 400k by topoftheworld(m): 12:06pm On Nov 04, 2023 |
kestolove95: I even went to bank on Tuesday to open Dom account in view of using my 1m to buy dollar, thank God I never did |
Re: I Just Lost 400k by ufotunang: 12:06pm On Nov 04, 2023 |
oliverwrites:..so you want Dangote refinery to fail 1 Like |
Re: I Just Lost 400k by Hassanmaye(m): 12:06pm On Nov 04, 2023 |
Athena6:Try trading crypto I made 10k daily |
Re: I Just Lost 400k by ufotunang: 12:07pm On Nov 04, 2023 |
Withdraw your money now .. because when Dangote refinery and other refineries start by December 2023 the dollars will fall more and more 1 Like |
Re: I Just Lost 400k by Hassanmaye(m): 12:07pm On Nov 04, 2023 |
Brownbetsport24:100%% |
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