₦airaland Forum

$NNOX

Highlights:

• FDA Clearance soon

• SAAS offering compared to traditional CAPEX $

• 5,150 Contracts in hand pending local regulatory approvals

Speculative play that will soon see its true value realized�

TONY042:
Good day everyone!

Please anyone that has used NAIRAEX should kindly say a little review about them.

I saw their ad today


Thank you!

Where?

Hamzashaf99:
Can someone make a considerable profit with a capital of 20k naira using this method? With a the transaction fees?

Yes

sonnie10:
Deeper life

Yes , this is the best time to buy if you have spare cash, do it now!!!!!

No, they are not. NSE was the best Stock market in 2020 see business day newspaper of last month

Kennyking1234:
From the research I have done NSE seems to be underperforming plus the naira devaluation...

You welcome remeber the key to a successful investment is diversification

Macktaob:
Ok, thanks.

Check them out https://www.nairaland.com/6431880/abc-investing-us-stocks-market#99440009

$VUZI
Added this dip
Original Alert from 11 went 24 as Cathy woods bought back in.
Went 24
Long term thesis still same as i shared

Coyns that are less than a cent

Macktaob:
What are Penny coyns?

If you make investment decisions based on the price movement of any asset in a single day, you’re unlikely to thrive for very long

what does it mean?

seyisanya:
60-60-60 million cross deals ongoing...

Coyndesk
coynbase
binance
cry.ptodotcom

Doctorvital:
Good morning bosses
I want start investing on crypto
As a beginner which app is best for me to use
And which coin can I invest on

What strategy you might adopt to play the storm:
1. Buy on dips. This is a golden goose moment.
2. Do not go all in. Keep enough to average your losses and keep accumulating.
3. Stay away from Penny coyns.
.

Enyinne:
I need direction .
Can i use my Nigerian dollar card to buy btc on binance?
Whats the charges like ?

Is btc / usdt same as btc . Pls explain as i want to buy btc

I do nt think so, but try and let know how it goes

I just wanted to get the calculation right

emmanuelewumi:
Commissions on buying and selling, taxes to FG, dues to CSCS, NSE and SEC

Investment is dependent on a couple of factors really... if you do not have a job that requires much of your time in your current operations, then it’ll be wise to further invest in yourself- learn a skill, take paid online courses, sharpen yourself.
You might not even be needing up to 600k to do that (except you learn a skill that further requires you to get equipments)

But if your current job doesn’t give you the luxury of time (a currency a lot of people don’t have in excess), then you can think investment, a passive source of income- I’m not gonna he suggesting anyone for you. But I’m sure in your many years on earth people would have whispered some investment ideas in your ears.

Do your findings on them, get in touch with experts in the field and see what you can find.
N600k is a lot of money, I hope you do not make the wrong decision.

Cheers!

Dear dollydolly,
It is either you have used the BVN to open an another account before, is actually not from their end. Please, kindly check and revert. Thank you

dollydolly:
I also have issues verifing my BVN on trove. I get notifications that it has been used on another account

emmanuelewumi:
It is a facility for traders and speculators.

Assuming you have a N5 million portfolio, you can get a trading facility of N5 million at 16%.

If you bought Zenith Bank shares at N11 with the facility in April 2020 during the lockdown and decided to sell in October at N20.

Your N5 million shares will be sold at about N8.8 million after making room for commission.

Your loan plus interest will be worth N5.4 million in 6 months. Subtract it from N8.8 million, you have a profit of N3.4 million.


But again instead of an upside, you might have a downside. Reason why this is not for everyone, except you have some level of knowledge, information and experience

is it not suppose to be N20-N11=N9*5 millions shares?

Here are some reasons why they fail:

Risk management and leverage: you need to plan a scenario before your trade for any possible movements. You need to have an exit strategy that you stick to that also doesn’t become risky. It is better to lose 50% of the time when 50% of the time you are quadrupling your money than to lose 10% of the time but only making 5% of your money every time you win.

Emotions: every successful trader ditches emotions. When you let emotions get to you, trading literally turns into gambling. Most people lose money with gambling too, so don’t let emotions get to you.

Invalid strategy: most traders do not test their strategies correctly or stick to their rules of their strategy. You need to test your strategy constantly and stick to the rules if it’s making you money to become successful. Many traders do not use indicators successfully, and many indicators actually can cause traders to lose money depending on the way they use them. It is really all about having the right knowledge.

The5DME:
I'm currently learning how to trade forex. But I want to learn frombhe elders why people lose money trading forex because I've heard a lot of people say forex is akin to gambling.

Cc: karleb krazydave20

Most Forex traders don't understand how Smart Money profits. They trade based upon limited information which typically results in a losing trade. Eventually they throw in the towel and give up.

Just about everything Retail Forex traders do is the exact opposite of what professional traders do. Most of the information available to Retail traders will not help them be successful. They continue to look for something to supercharge their trading and they never quite seem to find it.

Trading is not about finding a secret like finding the "Hidden Immunity Idol" on the TV show "Survivor". There is no secret. Trading is a mind game which is fought in your head not on your screen. What happens on your screen happens with or without you. Your participation doesn't change what happens. What you do and how you participate in the order flow determines whether you win or lose.

Forex traders need to change their thinking, their trading mindset, and how they participate. If they are always losing they must be doing something or many things which are not profitable and not in their best interest. The market has no idea that any individual trader is present in the market and is losing consistently.

When Forex traders or traders in any financial market for that matter start to change the way they trade and do the things that professional traders do they will immediately see an improvement in their results. As their results improve they will gain confidence in what they are doing which in turn will help them to stay in the game and eventually they will turn the corner and become net profitable.

Summary
There are more reasons, but these are MOST reasons. My recommendation is that you need to trade with “fake money” first, then master these pieces of information above, and then once profitable consistently trading with fake money, then go out there and trade for real. The only problem is 19 out of 20 traders just actually do not follow through and correctly complete these steps I am giving you. If you can complete this correctly, then welcome to the top 5% (the successful traders)

ojesymsym:
OPM!!! I think there is a church so named.

Anyway, OPM in the context of this thread, funny thing is that ahib, NL1960 and lazyyouth are basically saying the same thing using different jargons, terms, grammar, terminologies and different case studies.

OPERATING PROFIT MARGIN (OPM)

We cannot continue to play ludo with the lives of our innocent kids. If Buhari cannot secure the lives of Nigerians, and he has shown he cannot, he should RESIGN.
Enough is enough!
I feel for the parents of the school girls, it very annoying, they vandalise, if na me na to burn the school down

OSINBAJO ON CRYPTOCURRENCY!

Vice President Yemi Osinbajo speaking at the CBN Bankers’ Forum today said there is need for regulation and not prohibition of Cryptocurrency.

There is Hope guys!!!!!!!!!!!!!!!

1. REGULATION NOT PROHIBITION of Cryptocurrencies

2. we need to be prepared for that seismic shift cryptocurrencies is coming with

MY 4 REASONS WHY IT MUST BE REGULATED
1. Terrorist organizations exploiting the anonymity afforded by blockchain technology for fundraising and finances
2. Stabilize Values
3. Eliminate Fears
4. Tax Issues

We are battling in security and so we must really regulate the flow in and out of crypto

Dear Klabi,
The reason for this is because of the date of birth (DOB) provided on the app is different from the one on your BVN or vice versa.

klabi:
trove , I trade with bamboo currently though having issues verifying my bvn on trove

As for Sheikh Gumi....

He's one of the reasons why Nigerian politics is hilarious...

Some dude shows up from nowhere and begins to dominate the news headlines for months..

We are discussing a potential implosion of Nigeria and Gumi is the headline figure....not Buhari.

Lol...


At least Patience Jonathan spoke up and people laughed at her, called her all sort of names. Where has Aisha Buhari been in the last few weeks that 2 schools have been attacked and little boys and girls kidnapped?
https://www.nairaland.com/6431880/abc-investing-us-stocks-market

Dear ebukason3,

Thank you for such feedback. I would not know what happened to the previous group, however, k indly use Nigeria Investors in US stocks Market or teedotmeforwardslashNUSSM
Tee (T)
Dot (.)
Forward slash (/)

Focus on your GOALS

Terriwaya:
Prove naysayers wrong until old man begin cry for crypto matter.infact I don begin cry