₦airaland Forum

Tyche:
Rookie shorting

Hamzashaf99:
Thanks for all the assistance you've all been rendering especially the OP.
As the verified noob I am I will appreciate help on strategies so I will possibly bombard with a lot of questions.

My first now is how to enter on a coin that has broken it's ATH, like Ftt. Does one wait for a retracement, or is is okay to ride it at any point.

jedisco:
Seriously, having some crypt0 assets is becoming a no brainer for Nigerians...

Looking at the exchange rate today, the fact is even if your crypt0 asset did not move, youre up 6% over the last month.... That's what TB yields are for a year... In essence, if you buy TBs at 7%, by the time you get your money back, it might have lost 50% of its value

What alot of older folks are still failing to grasp is that as far as the naira continues to devalue this rapidly, one is losing money in real terms by owning most naira denominated investment...be it bonds, TB's e.t.c

With the manoeuvring by the CBN in the past 2 weeks, it was obvious the market will respond badly....

Now, they're running out of options and the populace are increasingly losing faith in the Naira.
IMO, they are left with two options- either remove dollar subsidies or go for domiciliary accounts...

As a Nigerian, crypt0 may save you

panpan:
It appears that this e-naira digital currency plan is not about improving the economy, but about the federal government having total control of everybody's finances.

If cash in Naira is phased out, then the federal government, through the CBN, can decide to block any person's digital account for any reason or even for no reason. The victim would not be able to back up his finances with cash. This is a very dangerous situation.

Freethinker87:
Lori Iro!!
I'm not sure you're a tech person cos if you are you'll see that this business model is unsustainable in the long run. The CBN is being deceitful by calling this service free when in actual fact, they're only trying to draw Nigerians in before imposing heavy charges on transactions.

It is true it is not cryptocurrency, it is only a ledger but ledgers still need to be hosted and maintained by competent engineers through very complex algorithms. Hosting a service of this magnitude on AWS will cost a lot of $$$$. Salaries for backend developers don't come cheap, we're talking about over $50,000 per engineer and that's pretty cheap. Where's this money going to come from? What's CBN's revenue model?

StrafordSTONES:
Omo Una dey whine people for this thread oh, na Una go still advise Hodl ..na Una go still talk sell green.

These things are conflicting you know

ekanx27:
Delete this Rubbish before you will be castrated.

babyfaceafrica:
Onitsha delliote polls.. Anegii

Ambber:
See, she was able to tell Yousef, No why is she now dragging with Cross? and why does Cross feel the need to continue the chase with his eyes wide open?

zicoraads:
Yeah, adverts generally. More on BBN because the audience is usually huge. I just wonder if we can have an average of the number of the people that tune in to watch evictions and Saturday night parties.

There are some things that I'll never try, even if they advertise it from now till the end of time though. That WaW detergent always feels like a low budget detergent.

My first choice is Ariel, then Klin, then maybe WAW, if the first two are not available. Been using Buypower for looooong to buy power. It's the first choice of almost all Abuja residents. ⁰

suffering:
It’s why this season is more about advertising than caring for the needs of viewers or consideration of the housemates. This season is nothing more than a cash grab for the organizers and full blown example of “don’t mind them. They will watch anything.”

OffsahBoye:
That's more or less like gamble na
10x is fvcking much,you can't be in position and go to bed can you

I do futures and the highest leverage I use is 3x
With good entry,I can hold position and sleep
I find it more rewarding than spot though
Likewise the loss too,more devastating than spot

OffsahBoye:
What leverage were you using??

Ruben225571:
E sweet no doubt for some of you” But we don’t necessarily need future trading to make money” that’s my point!!! My message is directly to the newbie!!! Tell them the advantage and high disadvantage too!!!

I never trade futures and I won’t “ still am making cool cash!!!

Goldbw122:
Ok

handsomebolanle:
Not a waste of time until its proven.

The Numbers of pioneers speaks volume though.

Look at a scenario of the Population of Lagos and the level of activity ongoing..

Cheers..

Goldbw122:
Ok I will get back to you, if I have any question. Thanks

Vicintonsh:
you should tell us what coins you are buying
when to buy and when to sell