₦airaland Forum

Lol

odimbannamdi:
Nice to know.

Regarding the emboldened, God pass you...

They buy and sell lower denominations at lower rates, they even classify dollars according to serial numbers to determine the buying rate.
but just not yet I'm waiting for $1 to hit N800/$.

odimbannamdi:
Interesting! Oga Ahib, does this mean Aboki are rarely able to sell of lowly denominated dollar like 1usd, 5usd and 10usd, and are willing to selling off at nearly salvage value? Please throw more light, sir.

Thanks

If Nigerian govt keep fucking the country like Ashawo, this is imminent.

One N200 toilet roll is 2.6 million bolivars in Venezuela.

Haha you know the group bros, I was going to call him out too the other day but I know myopic minded Nigerians in there will rather attack than see the good side. Everyday the guy go dey send screenshot of useless coins just to answer expert, I pity the ones that put money in the coins he mentions, most of the coins are pump and dump, by the time the group members get into it they are stuck.

Crypto is not something to authoritatively tell someone to put money into, as we all see CZ always use the slogan "Not financial advice", still this crypto expert wanna be will jump out from nowhere when a pump and dump coin keeps pumping saying for those of you that listened to my advice like om is now doing 15 peecent (I keep wondering which useless advice). When you check the same coin and similar coins 5 mins later na nosedive you go dey see

Gemineye:
ah dey dis group tho a silent observer

Almost called the guy out that his post has done more harm than good. Lot of folks keep buying bags on his call.

Niqqa asks for subscription to keep posting more bag carrying info

Exactly
All those useless crypto wannabe analysts writing rubbish only them understands have crawled into their huts, no rubbish stuff to write about again telling you what will happen tomorrow and what not.

The market don humble all of them. There is this particular WhatsApp group I follow too, one idiot there has been authoritatively telling people to buy rubbish no usecase coins, more than half of the members are all carrying heavy bags, den don tire, the guy will keep posting screenshot upandan as if guarantees returns, nonsense people.

Most of wannabe analyst's assets on crypto na $5 per coin, they will keep telling you buy this and that just to tie your money down and claim crypto expert, yesterday the wannabe said na BnB go go up well pass, when BnB heard it, the thing nosedived.
Today he said na BTC go go up, BTC heard it and started nose diving .

Jameselias:
THIS THREAD HAS TAKEN GOOD SHAPE OR MAYBE IT`S BECAUSE OF THE BULLISH MARKET

Anyday any of the person's here start meeting together for any reason, it maybe the start of the greatest KIDNAPPING of all time.
A lot of people on this thread are thieves, cultists, arm robbers in real life. They are just waiting for you to slip slightly so they chop you mugu.

Do not fall for it . On the other hand, this thread is filled with lots of audio billionaires and millionnaires not knowing if they unfortunately get kidnapped, the same masterminder of the kidnap will care less of your worth rather eyes will be on the N100 million ransome.

On the other hand, what gives people the guts to come to a faceless forum to seek documented assistance still baffles me, is it the belief in miracles? It is wrong to seek for such in an open platform such as this, it's a personal matter and should never be brought openly unless a person with keen interest requests to sponsor such individual.

Bitcoin just hit $56/$57K while Etherum keep sleeping with very little upside, the same Chief Bit.coin will slump by morning causing damage and leaving anyone who bought Alts with a huge bag.

Unless Chief.Bitcoin maintains it's upside, alts could skyrocket by morning

..

Exactly

NL1960:
Sure odds for Liverpool to win EPL abi?.

What if I give him sure odds with betnaija and he plays with the whole N2 million to win N20 million?
Na joke o

yazga:
50% into NTB
5% into Mutual funds
14% into Stocks
10% into FG savings bond
1% into CryptoCurrency

OMO is being phased out

That's true, banks doesn't allow Eurobond Investment via cash deposit, they said it has to be inflow into your account, quite a useless policy as Cash is always king.

Also, even when you have the inflow, transfering to their own designated Dom account attracts a charge. Someone who has cash deposit into Dom account can't invest in Eurobonds from the look of things as you need to either withdraw the cash and find someone to make a transfer of the equivalent for a fee and pay with the USD cash you withdraw.

Another thing is selling funds via inflow transfer is a bit difficult and upon maturity of the Eurobond, if the banks have enough dollar by then, you can only transfer the funds to someone who has a Dom account or they will offer you to exchange it to them for Naira at ridiculous rate.

It may just be best to leave your dollar in your Dom ACC, that way if EUROBOND default nothing concern you.

freeman67:
While thinking of liquidating and buying dollar from Bureau de Change, he should also be thinking of how to invest it back to his desired Euro Bond because that is where the difficulty lies. Last week, I tried to deposit dollar to an investment account. The teller asked If the account was mine and told that it wasn't. He then told me to ask the owner of the account to come and deposit himself. I just left without further enquiries.

The next day I was at another branch of FCMB for same purpose. I enquired and was told to fill their registerand fill the teller for it. After several attempts to post, I was told that cash deposits are not allowed into that account. I can only make transfers to the account. That's where another problem lies.

From what I gathered personally, Banks these days are not accepting transfer from a Nigerian bank dorm account to another especially when it was cash deposited. A dollar cash deposit made can only be withdrawn before usage as it is only dollars received through transfers that could be also be transferred to another account. So everything seem complicated..

So, if he is convinced that his fixed deposits should be converted to Eurobond the easiest and less complicated way to do it is to go with his broker especially if he is sure of getting dollars back when his investment matures... Of course that comes with a cost... Transfers in banks are not free too. So he will have to weigh his option and choose what suits him best...

You forgot to add if BTC enter Ashawo room to ffuckkk, bnb go hold torch for am, Etherum to hold Ada for one leg while Litecoin go dey fan BTC.

When BTC finish, LINK go link am to the nearest beer parlor.
All the coins apart from BTC are just mumu coins. Sometimes I wonder if these coins are truly useful for any real life SMART contracts as they are said to be.

Make the thing just stabilize make person re-strategize.

Ojemedad:
No exception, this is very annoying

If btc want to poo others will wait, if he goes left they will go left, if he go right they will follow like idiot, las las all of them are shitty coins of no value, just to get some money from it and move on

It has already dipped to $38k, I bought 2 BTC this morning.

Thegamingorca:
We are plunging deep into the red sea right now to 41k dolls

Fiat represents the local bank account for the country, in your case Nigeria. I don't think you can withdraw via fiat since the CBN doesn't allow that anymore.
I think what most people do now is sell via p2p, so you list your coin and someone will send you Naira and you release your coin.

Henrymorre:
Hello guys, wanted to sell my usdt today and noticed I couldn't because bank transfer was disabled, although binance gave me option for fiat, but I don't know what is fiat or how it works, I'm naive on that part. Can someone be kind enough to explain what NGN fiat means, and also how I can withdraw money from fiat to my NGN bank account. Eg, I see usdt selling for 460, per naira, assuming I sell one at 460, equivalent to 5,000 naira, will I receive the same 5,000 naira to my fiat and to my bank account?

Like how much was it that gave you 23 dollar profit?
I put in $440, bought at $239 and sold at $257 with $10 profit .
Everytime I try to sell, selling via Binance offers less compared to selling via p2p.
Also, do u sell via p2p?

PuZZyNegro:
I entered at $243 and sold at $260 and while at it, I watched the thing reached $265 before pulling back.

I trade with small amount so was only able to make $23

The mistake has already been made so STOP blaming yourself.
Get a laptop and connect to Binance via chat, join the queue, you could be no 465, they do have lots of people in queue. You could be lucky if you find less people.
It may take 9 hours to get to your turn, it will be worth it as they will respond effectively and assist u.

haryodehjia:
Not available on whatsapp

In case A when business fails, he is still liable to the bank for $30 million capital, most banks can only offer no interest repayment plan, you are responsible for the success and failure of your business.

Lazyyouth4u:
For those people that don’t understand why billionaires with lots of money still go to take loans from banks, let me show a basic example of how OPM works. You can thank me later

Case A : Business man has a project of USD40m. Instead of carrying out the entire project with his own money, he goes to the bank to borrow USD30M and then puts only USD10M of his own money. The project succeeds and earns USD100M profit. He pays back USD40m (USD30m principal plus USD10m interest). The remaining USD60m is his profit. So he basically makes 6x his money back (6 multiplied by the USD10m invested). Neat profit. If business fails, he only loses USD10m.

Case B : Business man puts all the capital of USD40m and takes nothing from the bank. Project succeeds and earns same USD100m. He has no loans to pay. The entire USD100m profit is his. But wait a minute. He only makes 2.5x his money back (2.5 multiplied by the USD40m invested). Neat profit but less gain on money invested. If business fails, he loses the entire USD40m and possibly goes bankrupt

Lesson learned about OPM: most big business men would rather put the least money required to enhance profit and minimize their risk. Nobody will risk their entire net worth in business when they can use Other People’s Money to minimize risk and make higher profits on the money they invest.

E don red ooooooo, the FGN has officially put Lagos on olx

8% is really good, where can someone find such property in Lagos.

In 2019, I was offered a bungalow of 3 bedroom at N19 million with annual return of N750k in a gated estate, works out to give 4% return, I opt for fixed debt instrument at 10 percent rather.

emmanuelewumi:
Where will you get a property that will give you 10%. The highest is 7.5% to 8%.

As time goes on, the rent will increase

I see, it seems all these coins apart from Bitcoin doesn't have any useful usecase, they are just 'Make believe' coins. I read up about BNB and lots of jargons abt it being used for smart contracts, the interesting part is that it was built on Etherum network to allow lower bitcoin transaction fees, that means for every bitcoin transaction BNB tokens can be used to settle fees.

Bitcoin trades more volumes meaning theoretically BNB Price should go up at every instance of Bitcoin transaction on Binance platform at least but practically it's false.

The facts are; when price of bitcoin goes up, BNB and it's cohorts pricing have a tendency to go up apart from during the BNB run where BnB token pricing kept going up which to me was a pump behind the scene.
When price of bitcoin slumps tokens such as BNB and it's cohorts definitely goes down.

In a nutshell Bitcoin is the king, there is nothing near bitcoin up till date.

Sailor1:
It wasn't pump and dump... It's been consistently on the rise for 3 weeks. It gave enough time
If you didn't take profits, it's definitely your fault.
You were able to salvage your capital cos betece was merciful... On another day, your capital may be 50% down.

BNB has to be one of the most useless piece of shit I ever seen, a PERFECT EXAMPLE OF PUMP AND DUMP by the Chinese.

Be careful buying anything Chinese. My profits went from 30 percent up to 3 percent within 20 minutes.

Useless people wanted to chop part of my capital, thunder fire dia left nyash.

Collect your capital and run o, the Chinese has won.

Grammar oya clap for yourself.
Crypto is for lowlife gamblers like you hoping to pick sure odds lol.
Work work and stop looking for quick money.

Activist001:
Who said crypto is a quick money making scheme? Get the fuçk outta here mate.

Financial history repeats itself, they follow the same pattern, create it, hype it, cash out and move to the next one.
The cycle continues.

Let us not make Africa become a dumping ground with the so called Technology advancement.
The Era of Ponzi has faded, crypto is the new.

Rubbiish:
Crypto is not a quick money making scheme!
U think it started yesterday?
Everything in life is sure to experience growth, that is what crypto is experiencing now. U think u can jump into crypto today & start making millions tomorrow?

The way all these crypto go take CRASH even the devil will be shocked.

Beware , there has been many QUICK MONEY MAKING SCHEME before this century, they all failed, only PAPER money is legal.

I received a coupon in July 2020, just wondering if anyone here has received coupon for the same Jan 2022 bond.

ukay2:
I don't know Sir...

Have you checked your account balance?

Have you been receiving coupons before now ?

Have you contacted your investment house about it?

Do you know of the FGN BOND JAN 2022 coupon payment due on 27 JAN has been paid?

ukay2:
Quite good

Well done

Has Anyone gotten alert from the FGN BOND JAN 2022 coupon payment due on 27 JAN?

Your friend could start observing the price, he will sell at a profit if he watch the market closely for the next two to three weeks.

DenreleDave:
FlyHeight jedisco TheEnlightenedO condomuser


A frnd of mine bought eth for 40k... He realized his gain to 50k that is profit margin of 10k but it fell down again.... Now he is currently at 29k plus... That means he has lost about 11k of his deposit.....

What should he do? Should he just leave it or pull out

Pls others shud help with this too

B.i.tc.oin hits - $30,695
E.t.her hits - $1250

Yea, most pple in naija only drive SUV on Sunday, It's not economical though the feeling is great especially for SHORT PEOPLE (it makes short people believe they are tall).

My 3.5 litre SUV gulps two times the amount to my 1.8L. ln this Bihari times, driving a smaller engine car has never felt so economical.

NL1960:
In Naija?. You know people think riding one big SUV means you are a big man.