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Business / Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by DonGenovese: 12:25pm On Apr 09
Whalis:

Are u defending the payment of OSP in dollars?
Absolutely not, I was stating other areas where Dollarization of the economy, equally takes place.
Business / Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by DonGenovese: 9:04am On Apr 09
Whalis:
Is EFCC aware that Nigerians that work offshore pay for OSP permit in dollar?
Thank you for this, if you're in the banking sector or Maritime sector,and in Apapa, you would be aware that we pay a number of fees all in USD. From Shipping payments to companies like MSC, Ocean network, Cosco etc, to regulatory payments to Nimasa, NPA etc all these end up putting pressure on the Naira, because the people making these payments would have to source it from the parallel market. I sincerely want to understand why these payments must be in USD, for companies doing business in Nigeria and also our Government regulatory agencies.
Investment / Re: Crypto Currency Investors Thread by DonGenovese: 12:40pm On Jun 21, 2022
nnekaike:
Don't say this,it's wrong .#100 is for what exactly.
For peace of mind P2P express is the best.
I always use P2P express for both buying and selling.. It's straight forward for me.

1 Like

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 7:38pm On Jun 18, 2022
Omo....see how market don turn all man to Agbero for here....Everybody eye dey red....for even looking at the thread, you fit collect wotowoto..

20 Likes 1 Share

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 2:43pm On May 14, 2022
Ibeme:


Their Bitcoin reserve is $1.2bln max and no one knows where it is as the wallet is empty.

Let's say they transferred it somewhere and are doing that, the Bitcoin reserve has done enough to push the marketcap from $30m to $3bln over the last two days
Boss....Thanks for the quality info you drop here... Please is it still possible though for Luna to drop one more zero, that's all I ask of?
Investment / Re: Crypto Currency Investors Thread by DonGenovese: 1:45pm On May 14, 2022
The price of Busd on P2P is downright crazyyyy... Don't people know you can buy Usdt instead and convert it to Busd....Na wa oo...This morning I have seen 725 per Busd .....

8 Likes

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 11:27pm On May 12, 2022
Jogzy91:
I just bought 20k terra luna. I hope this pumps back to even $10
Dude, cut your losses now..it's trending to zero.... they're minting so much Luna that it's virtually impossible to even get to 1 now..

1 Like

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 10:22pm On May 05, 2022
randy01:

This will help you only if you know how to investigate.i double my money most time but you need to first select almost 20 coin that have pump then investigate how they pump then you can use that to predict when you see next coin that his about to pump.you don't need ta knowledge just be observant.watch that video.

https://www.youtube.com/watch?v=9FUTOmRgPx4
Thanks boss..let me go and sharpen my investigative skills
Investment / Re: Crypto Currency Investors Thread by DonGenovese: 7:16pm On May 04, 2022
Hello Bosses in the house , and to those of us that use Mexc exchange, there is this trend of tokens that would do insane numbers that I have noticed on Mexc for some days now as I just recently started using it, an example today was Gene1...the coin pumped from a price of 0.00365 to 0.07553 in less than 24 hours, for context an investment of $100 would have earned you $2,069...So my question basically is how do I track these coins before they start pumping cos these are basically what we refer to as $hitcoins....?? I have thinking of the possibility of getting the volume change of coins in exchanges by way of notifications, if I spot a swift change in volume for these sort of coins , I can quickly hop in , chop and clean mouth and jump out....Does such a possibility currently exist? And if it does please point me in the right direction.
@Ibime
@randy01
@Ikillbrokehoes

Sorry , I had to call you out...I just need to know if this was possible
Thank you

2 Likes

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 12:53pm On May 01, 2022
OpenHeaven2019:
Those who are salty and complain of losing money. I understand them. Why I made money last year during the bull run I also lost a lot bag holding instead of selling tops.

When I saw my loses from holding and knowing most of those bags were once in profit, I knew what had to be done.

I became an aggressive profit taker, I nor send any project papa I take my profit and don’t look back, zero regret.

I sold APE when it launch at $16, days back my friend was telling me “if to say” you hold ape, see am at 27$. I was Just smile, did I sell in profits - yes, then I don’t care how high it goes, what if same ape went to $5.

Also know when to buy high sell low, I did it recently with $STG, I bought at $1.7 and went it kept going down I cut my loses at around $1.4.
I nor go hold to zero and I nor hold to the top.

Most traders either are holding a coin they should cut losses on till it gets to zero or they are holding a coin they should have taken profit till it gets to the top.

Stay in the middle, this is where profitability is.

Trade in the middle!!!
No truer words have been spoken....I'd rather take a $50 loss and use stop loss...than waiting endlessly for a coin to get back up to my entry position, which might never happen

1 Like

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 2:24pm On Apr 29, 2022
I think in the short term till everything stabilises, just leave your money in Gmt , if you entered btw 3 - 3.5 , it's like a stable coin these days , doesn't depreciate so much...at least it would always appreciate almost every passing day....NFA...just my two cents...

1 Like

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 8:11pm On Apr 25, 2022
Ibime:
That Doge train ain't stopping soon

DAR Mainnet launch coming - I bought the rumour and will sell the news

Also reentered NEAR on USN news

A lot of bluechip companies are reporting quarterly earnings this week. My gut feeling is this week will be a minor green, them back to red next week so I'm confident to dip my toes small
Baba.....I dey gbadun your style....u dey sound like Peter Drury for my ears..

5 Likes

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 1:04pm On Apr 21, 2022
Prayfortheworld:

What was the price entry?
My 2k dy the coin
Bro nobody Dy hold coin reach future again
What future.. future wey i fit die
Chief, no wait for future oo....They follow am bumper to bumper...Entry price was 0.01.....

1 Like 1 Share

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 12:23pm On Apr 11, 2022
seankafor:
they don't know

I like as Crypto is sustainably shaking off weak and paper hands..

Let the market self saturate and weed off the jokers who floods the system and let the real investors ride..

Let those who takes it as a religion ride or die...

They thought this is a place to turn 10 naira to 10 million which their regular jobs can't give them..

When the bible said the poor, the little they have will be collected from them and given to the rich, it was talking about crypto..

Anyone who is not ready to ride with it on the downtimes doesn't deserve to ride with it to the top side..


High Chief, I banish you for 6000 years...As you dey chop belleful, you no want make we see sef ...We dash you the crypto market, carry am for your head..

11 Likes

Business / Re: CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals by DonGenovese: 8:12am On Apr 07, 2022
bblayer:
CBN should wake up to realities. Crypto is being adopted by Western countries we are here giving fine to banks that deal and even hide it from you. UK finance Secretary earlier this week said they are going all in, US looking for ways to advance it as Biden sign executive order saying 40M American can’t wrong. South Korea pro crypto candidate just won their presidential election the guy even campaigned with crypto adoption as one of his key objectives. The list is endless…
Thank you for this brilliant summation, honestly I wonder why we're so unfortunate to have such useless persons in our leadership positions, especially that Emefiele. More countries and institutions are jumping on the enormous potentials available in the Crypt.o industry, recently KPmg and PwC said they're going to be allocating resources to BTCee and ETh, these are companies the Cbn uses for routine advisory services. Must you ban what you don't understand?Take a cue from other more developed countries instituting policy framework for the industry. If the Cbn was a thinking organization, therein lies opportunities to boost revenue for the country through taxes, inclusive incentives to drive innovation and bring about needed Growth.
Investment / Re: Crypto Currency Investors Thread by DonGenovese: 10:26am On Apr 04, 2022
DaemoLee:
Mazinewmoney u deserve the returns of this SLP pump if u are still holding.
I look forward to TP at 0.04 today and probably re-enter on a good retrace.
Boss, please can this Slp do 0.035 minimum today, cos I need money oo. Seriously need to know the realistic expectation to use and TP. Though, I can see that the volume is quite huge but I really don't know if that's an indicator.

Thanks
Investment / Re: Crypto Currency Investors Thread by DonGenovese: 12:38pm On Mar 31, 2022
GMT....means Give � Money to the People ...

4 Likes

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 8:10pm On Mar 30, 2022
jedisco:
My good ol Zil.... na hope of this kind pump dey make people hold on to dead bags and baggage
Yes boss..$Zil is doing signs and wonders, continuous mooning since morning, the thing no wan rest...
Investment / Re: Crypto Currency Investors Thread by DonGenovese: 7:31pm On Mar 29, 2022
nonut:
GMT may turn out to be $GALA of 2022. Anyone who bought below a dollar can let it ride and see where gets to.
GMT, abeg burst my head...lol.....it seems every time I leave my phone for sometime, the next time I check on it, my sell limit has been executed. Maybe I would just set it at 5 Dollars, and throw my phone inside my wardrobe.
Investment / Re: Crypto Currency Investors Thread by DonGenovese: 5:08pm On Mar 27, 2022
@Ibime: Boss please do you have an idea when Binan.ce is likely to list STG??...I dey do per second calculation on top that coin head oo....make e favour me oo
Investment / Re: Crypto Currency Investors Thread by DonGenovese: 10:40am On Mar 18, 2022
seunmsg:


I’m doing exactly the same thing. Any small retrace peren, I’m exiting sharp sharp grin.
Lol...It went to 17 some 20mins back but quickly retraced back to 15 and had been hovering between 14 and 15... still not selling tho, waiting to see if it inch close to 20 hopefully

3 Likes

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 10:01am On Mar 18, 2022
seunmsg:


I was reluctant to buy yesterday when it was listed on Binance but I took the risk this morning and bought very small at $12.4. It’s now $16.5 and I believe we’re still going to $20 before any serious retrace.
I fomoed in at the same exact price... Currently at work, monitoring my phone like the world it's about to end

3 Likes 1 Share

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 11:44am On Mar 13, 2022
seankafor:
even the most careful people get rekt or miss out too..

When you have reached a certain stage where you have over gone and saw the worst of worsts, there is nothing that can shake you no more..
Shaa I can understand if you re a newbie but any person that has been on this space for a year or 2 that still panicks upon price swing of coins needs to try another work or venture..
The only thing that can shake me now is if I hear say the world is about to end..
If na loss of money, no be today person start to dey loose money, we will always make it back..

Choose your trade or hodl pattern and stick to it.. you cant always win

No truer words have been spoken.....At the moment, I feel the market is in a Trance, it's neither going down or up... it's almost seems bewitched to just be around a spot ..I check on my Coinmarket app, and sometimes it gives me the notion that the app is not updating with real time figures, but it actually is.
Investment / Re: Crypto Currency Investors Thread by DonGenovese: 5:41pm On Mar 06, 2022
akigbemaru:

Quick question: Let say you flip that $400 on staking and when you are ready to cashout as in sell at ATH and keep the money on the platform to buy again when its price falls. What percent would the platform charge and how much you pay as tax to the government? Where I am, you stake, sell and swap, the government wants taxes on everything which I think it is bad for my crypto business.

Let me quickly respond to you... Cryptocurrency is currently banned as a means of exchange in Nigeria and as such the Government can't take taxes from an activity that's banned.

3 Likes

Romance / Re: I'm In A Fix... HELP ME! by DonGenovese: 12:40pm On Mar 02, 2022
Exkandayee:
Dis one na story porn,as I'm reading my dickk was ticking, before the end,is fully erect, I'm begging my dickkk to calm down that is just a story..not babe
Lmao....Werey
Investment / Re: Crypto Currency Investors Thread by DonGenovese: 6:32pm On Feb 23, 2022
OpenHeaven2019:


Since I dropped this here, I should as well drop an update

I minted Tubby cat for 0.1eth. Floor few hours after mint was 1eth.

Made over $3k from it - life’s good.

For OxFrens (the one whose discord link I shared) minting is in 20mins, please use a degen wallet to mint!

Peace out.
Thank you so much Openheavens for all you do. Unfortunately, I just can't understand this Discord app, to login is a major challenge.I checked the comments on Playstore and for most people the reviews are horrible. Out of anger, I deleted the app, I only reinstalled it now on seeing your update.

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 12:39pm On Feb 23, 2022
Banchotmods:


Poor losers like ya tend to waste your time on tha net looking for attention. Try and better your poor life so ya can climb out of poverty.
Guy, do not Insult Ilegend, I understand you might feel angered with the seeming no info from his post but just take a little time and search his name on Nairaland, you would realise he has been giving Info and training for a long time. Some info can't be divulged so quickly, if not e go cast sharpally..
Ilegend I dey your bumper, I need this info pass Nigeria sef...

1 Like

Investment / Re: Crypto Currency Investors Thread by DonGenovese: 7:51pm On Feb 01, 2022
Empressgifted:
Guys please I have a question. I got this idea of selling usdt via P.2P on binanc3. Is it possible for someone in the US that sends money to Nigeria at 4hundred and something exchange rate to send the money to my binanc3 at such rate for me to resell and make profit? If possible please how?

The person sending the money is not into tech or online banking.

I don't know if I was able to explain what I meant properly. undecided
Lol...we're the same boat. Thinking of calling my cousin for similar thing too, though I seriously doubt if he understands anything crypto related, so I have a lot of explanation to do, but I also would like to know if there are legal hurdles to it for someone in New York sending Usdt directly to my binan.ce

2 Likes

Business / Re: Fairmoney Becomes A Fully Digital Bank by DonGenovese: 7:42am On Dec 15, 2021
MarketDispatch:
Seems all the earlier posters are staff or sponsored posts of Fairmoney....as for me I like to know I can walk into the physical branch of my bank rather than bank with an app that Google play can block or an app that can disappear overnight.
I understand your concerns but the world has evolved beyond the mortar and bricks concept of banking. The Digital banks also have a physical location too, just that it's not commonplace as "traditional banks". Which would you rather have, a digital bank that truly meets your needs and is readily available 24/7 or a traditional bank filled with inefficiencies. If you're in doubt, go to the social media pages of some of the "traditional banks" like Zenith, Gtb etc .. it's riddled with complaints from unresolved dispense error issues some as long as 6 months to fraudulent charges. Some of them had to disable and limit comments because of the numerous complaints on their pages. Let's support these digital banks, they're the real MVPs in the banking system now.

3 Likes 1 Share

Business / Re: What Are My Chances If I Sue A Bank For Withholding My 2k? by DonGenovese: 9:30pm On Nov 17, 2021
Befulfilled:
My head is not thinking right right now cos I'm going through a lot. I was in dire need of money for hospital bill when someone sent me some money due to my cries. Using ATM to withdraw it, I was debited but not dispensed. Going to 3 months now, the bank has not refunded. That money was to save a life but bank played politics with it.

What are my chances if I sue them for damages?
I wish more Nigerians would take up the challenge of suing banks. More and more Nigerians have literally given up on their money due to the failure of so called big banks to resolve and reverse failed dispense error issues. Unfortunately, the CBN which ought to protect bank customers have abdicated their responsibility, they issued a Circular in June 2020 revising the timeline for resolution of dispense error issues but till date, how many banks have been hit with punitive measures for failing to abide by this Circular.
The reason why so called big banks in Nigeria are plagued with mounting dispense error failures, is because the banks are unwilling to invest in technologies and resources that would entirely automate the process. The resolution of dispense errors is still largely manual driven and as the banking sector is currently ravished with experienced hands resigning in droves, there's a genuine shortage of requisite and knowledgeable manpower to reconcile and attend to these dispense error issues. Have you thought for a moment why some of the Fintechs are able to resolve dispense errors instantly and so called big banks are unable to. If some law firms can take up the challenge of suing these banks for damages caused to customers, there's no doubt in my mind the banks would be forced to sit up.

1 Like

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