₦airaland Forum

TheBillyonaire:
The reason for that advice is because 9.5m is not really enough for any form of diversification if the intention is to build wealth with any asset structure. Let's start talking about diversification when the cap gets to about 100m.

See what u are writing?
How many people have 3m in their account?
What u are saying now doesn't tally with your first comment of telling him to remain in same business. People can diversify with as low as 100k, it all depends on the type of business. From your first post, I already knew u got a myopic reasoning

TheBillyonaire:
Except it is illegal, continue with what produced the cap.

Even if it is legal, can't people diversify anymore? There is an advantage to having more than one source of income

richard870:
Everyday different story that adds zero value to the common man. Please leave this 'contraption' while you can

Honestly!

.

SenecaTheYonger:
Wtf? This is USDT. You don’t get it from the bank.

Usd rate with naira automatically determine price of usdt. Once CBN starts distributing usd to banks, usdt will follow same rate

SenecaTheYonger:
Nigerians desperately trying to drive the price of USDT up. Na why government dey like control everything. Imagine the difference between these two rates, and this was taken by me same time. This is telegram btw

Did u confirm if it is buying rate?
Buying rate is still BTW 1600 to 1750
A friend bought today for 1730 in Delta after going through all the banks & they said they don't have usd. Tell your govt to distribute usd to banks, nobody runs a business to lose. You don't expect every vendor to sell at same rate, it cut across all business. They didn't get it from the same source

wolesmile:
Google is your friend

Binance is not banned in the UK
Stop posting false info here

Themanleshey:
Are you even into crypto , how long have you been trading and how much do you have in there .

This is my 3rd years of trading and I can categorically tell you that Binance is one of our problem , even though it favors me , I can’t but face the truth that they manipulate our currency too bad . Just too bad ! I mean really bad !!!

Please shut up & stop lying!
You are no cryptto trader!
Is binance not in Ghana & south Aftica?
Why are those currencies not manipulated?
Your govt made thoughtless policies & now looking for whom to shift blame! Binance has been in Nigeria since inception, why is it now they started manipulating your currency?

representae:
When has it become a crime to trade Cryptocurrency that Govt will now have spies (if it's true)in this thread.you didn't create job, no conducive environment, yet you are trying to frustrate legitimate means youth are taking advantage of to meet up with life...quite pathetic.

That is what a failed govt can do
P2P on binance is a big market for youths earning legitimately. They just rendered a lot of people jobless because of their thoughtless policy

Konquest:
Don't be silly! I have been a member of NL since 2005 with an older NL a count and even this one was created in 2008, so what are talking about? How can someone out of paranoia just make a false accusation against someone without EVIDENCE and you too are jumping stupidly into it?

I just saw a mention of my moniker and was surprised that a boy who I have never had an interaction with quoted my moniker here on this thread. I will NOT accept that idiocy and if YOU want to join this boy called Doyin in the foolishness of false accusations, then you will be punished for that because NL has rules.

This will be my last discussion with you paranoid youngsters here.

Trying to deny this makes it even more ridiculous. I won't quote u if I'm not 100% certain. u are a spy & wish no good for cryptto traders!

Konquest:
Gosh! I'm really angry as I type this.

Doyin01, it's "highly idiotic" of you to call me a goverment spy on an open discussion forum. You have insulted me here in a very UNWISE manner. You have CLEARLY violated NL rules 1, 8, 9 which would lead to you being banned for defamation of character. Do you realize that I also have investments in crypto and have deep knowledge of Blockchain technologies as a veteran?

Why all these long notes?
Aren't u proud of your job?
You guys are very easy to know na, I'm surprise some persons here still respond to some of u lots

doyin01:
The moniker "konquest" is a spy for the government ..just found out another government agent who is also active on this thread ,his moniker starts with "lr"

If you want to ask any vital question concerning the usdt and co..just DM trusted members directly or ask the questions somewhere else ..also be careful of those you reply their DMs or send DMs to.....it is well

It is quite funny how this govt is not talking about no power supply, I couldn't sleep throughout the night, no light. All companies are leaving for Ghana. Getting our refineries to work, up till this moment dangote refinery is yet to work, boosting production capacity & tackling unemployment. These are the things that will boost our economy & as a result strengthen the naira. Everyday I keep seeing naira appreciate on front page & funny thing is the naira is still dancing around the 1500 region. We are not serious in this country at all

dominique:
Always Drinkwater!

Water that has now become very expensive...

Truths9ja:
you don open his eyes well. Well he can still withdraw via kucoin crypto currency wallet app.

Stop posting this!
Except u are doing it for them to notice it & block it too

The boy is just 12!!!
Allow him to grow. As he grow older, he will add flesh, stop bruising his self esteem already.

SenecaTheYonger:
The USD exchange rate these past few weeks has been determined by crypto. I followed it carefully. The same rate listed in blackmarket sites where the same rate USDT was selling for on P2P market.

It was only after FG went after crypto did the exchange rate start to decrease. Now I wonder what kind of country will allow their exchange rate to be determined by a crypto coin.

Let's wait to the end of year!
What is happening is cosmetic approach, they are just trying to suppress the true value of naira, unless they continue paying subsidy on it, it won't last for long. All neighbouring countries with stable currency have these same cryppto platforms in their countries & their currency is not crying. Cryptto doesn't determine the value of a country's currency, it is the economy of a nation that determines the currency value.

This is quite laughable!
Buying usdt to determine the value of a country's currency? Na so easy naim America never buy all the usdt so USD can surpass pounds sterling? Continue with your armchair economics

If u see any appreciation on naira, know your govt has started paying subsidy to defend it by mandating bdc to sell at a fixed rate, which automatically means back to subsidy on naira. Same way they started paying subsidy on fuel, not this jargons u are writing

It is laughable for any sane person to think just 1 pi will value $314,159?? Do u know how long an average American works to earn that? How much is bitc0in? No coin can ever surpass the value of bitci0n. Most of u pi people are just dreamers

ojialo:
I dont know if it's a curse to be a Nigerian

There is no greater curse than being a Nigerian. Once u see yourself as a Nigerian, life is already cheating u.

EreluRoz:
Sad, I think he's mentally unstable.

I hope u are happy now?
This is what people like u have brought upon this nation

Rilwayne001:
The Seyi boy can’t just keep a low profile.

At all...
The guy is too forward & loud

2mch:
When you are President and have adult children that you use money train to get quality education. Leave them at home to be eating akpu. At least he did not appoint them to any political position. Sometimes you need the children you can trust to discuss your fears or concerns. You can’t do that with just anyone and it’s a blessing that he has mature children at this stage in his life, who seem responsible.

You have sold your brain to APC

Decryptor:
Jeez!
Let's take this one step at a time....
I opened a Cardify account.
It is in $0 balance...
I want to deposit into it...
The only method to deposit with dollars on Cardify is by sending USDT TRC20 from one wallet to the one on the Cardify account...

I wanted to send about $10 worth of USDT TRC20 from my Trust wallet to the Cardify Wallet Address...

In order to do that successfully, I need to convert the $10 from my balance $90 Tether USDT Tether USDT to USDT TRC20 so that I can now send it from there to the Cardify Wallet...

When I select the "Exchange" option on Trust wallet from Tether USDT, it shows exchange amount which I select $10USDT and when looking for the USDT TRC20 token to exchange to, it isn't listed among the options there.

Why is this difficult to understand?

I just dey look the other morons that have been making a foool and debauchery of themselves and not me previously on my mentions.

I have instructed them on what to do by doing it themselves and send me screenshot proofs...if they can't, the joke is on them!!

Shut up your trap!!!
You don't know anything about cryptto & u don't want to humble yourself to learn. Right from your first post, I knew u were a novice, but I just decided to play along. You stated trc20 usdt was delisted from trust wallet, which i corrected, what now brings cardify into this conversation??

You don't know u are the mor0n here. The usdt u have on trust wallet is erc20, How can u convert erc20 to trc20? Are u that daft? Can u convert MTN airtime to Glo airtime or transfer mtn data to a glo number? Do not quote me again pls

Decryptor:
I want to send out...I don't want to receive.

How can u send out what u don't u have?
Don't u receive before sending??

Decryptor:
This Trust Wallet

Tap receive & type usdt on the search bar it will appear with all the network, not trc20.

EreluRoz:
Buhari destroyed this country the most but asiwaju just went and carry problems for himself

Shut up!
If truly he inherited problems, let him resign nau Always shifting blames

Decryptor:
I ran to trust wallet only to see that TRC20 has been delisted from Trust Wallet.

Usdt trc20 network based delisted from trust wallet? Which trust wallet??

ogawisdom:
Good news

Naira on massive recovery mode

I hope it will be sustainable

Since u were born in this country, have u seen anything that has ever gone up & come down?? Naira didn't start falling under this govt, check history since 1999, it has been on a steady decline. What is worrying is the rate at which it is falling under this govt, not that it won't fall, we don't have the economy capacity to support the naira to withstand usd without paying subsidy on it. You people actually think binance is responsible for naira fall😂😂 How much do u think Nigerians have on binance? Binance is only publishing what u people want to see. Only binance have these rates.

A country without power supply, high insecurity, all companies have left for Ghana due to high cost of production, high corruption, no export, high unemployment, high debt, u think it is one small boy with less than 50k usdt in binance doing P2P that is making the currency of such a nation to fall? Make we dey look, hope u will start updating us too when prices start going up.

SouthSouth1914:
Have you heard of production costs? Reoccur-rent expenditures? Stop commenting on topics if you don’t understand simple stuffs.

How can a company sell below production costs and run at loss? Will you do it?

God bless u!
This is what most people don't understand.
They don't know these companies have running expenses. Before the removal of subsidy & floating naira, was anyone increasing price of goods?

dominique:
The inflation is no longer at par with the exchange rate. Prices of goods should no longer be increasing geometrically the way it is right now. Naira is starting to hold it's own against the dollar, suddenly a carton of indomie spiked from 8,500 to 10k, bag of rice went from 70k to 85k within the space of a couple of days. Exchange rate, subsidy removal or floating of the naira has nothing to do with this. The manufacturers and middlemen must be called to order

Subsidy removal has a lot to do with it.
It has already altered the market & will take some time for things to settle. Truth is, then most retailers were selling old stock at a slightly adjusted price to enable them restock due to price increase, now they are getting new stock and selling at the increased rate, reason for the new price increase. The price u bought before was old stock which they increased slightly to enable them restock. The naira is still fluctuating, let's wait for it to maintain a consistent price for at least one to two months. You need to put yourself in their shoes to understand.

dominique:
Then they should stop inflating the price of their goods or reach out to middlemen and agree on fixing prices in rh goods. The indomie I'm currently having was bought at around 6,500 per carton, now I'm hearing it's over 10k. Once I'm done with that carton, I'm not buying again. The economy is making people cut costs by all means and purchase power has reduced. The greedy distributors and wholesalers should keep increasing prices of items, na them go lose last last.

They are not greedy!
Blame your govt for making thoughtless policies that is ruining the economy. If the indomie manufacturer doesn't increase his price, how do u want him to restock & purchase rice & drugs that is going up? It's a ripple effect thingy. So long some products are being increased, every other will increase. The blames starts from the govt for carelessly removing subsidy & floating d naira without providing an enabling ground to cushion the negative effects, leaving manufacturers at the mercy of increase.