₦airaland Forum

PresidentBuhari:
I no trust am phor this coun3ri.

The dollar wey I buy in Jan 2020 has gained 45 percent while the Naira wey I put for bonds has lost 45 percent (we could say make we add 10% annual yield and $5 percent reinvestment interests but still 30% loss in value).

Anyone who has held Naira since Jan 2020 up till date has lost 45 percent of its real value.
Jan 2020 - $1 bought at N370
Sept 2021 - $1 bought at N530.

Macktaob:
Jedisco, pls indulge me. I follow you a lot and always look forward to your posts but you been a lot calm on analysis since this week. Hence my questions:

What do you think of DOT, take profit or still wait on the 40 target you set?

And does BTC have fuel to hold 49 - 50k range or it just might nuke to 48?

Pato5:
Which hurts the most?
-missing out on a pump
-taking profit too early
-carrying bag

Shakitibob0:
Apart from applying the 21period moving average to your charts, are there still some other cheat codes you would want to share?

Jedisco

Tolu181:
no be every coin you go take profit


Imagine taking profit from KSM at 380

Or taking profit from SOL at 100

freeman67:
...

They are US and Crypto adherents that CBN policies and actions have dealt with and they want other people to be involved too maybe that would touch the CBN. Once they are not getting their way, they start name calling, bullying and all other tactics that will still not change the mind of those whose mind are already made.

The organic members of this thread already knows that though sometimes CBN policies might not be favourable to the investors. However, they will always find a legal means to move on instead of ranting for a decision that was made within ambit of CBN responsibilities. OMO was open to us all here back then and we could invest in it at will depending on your Bank and availablity. Now we cannot longer do it.

We discussed that and moved on without name calling and insinuations. That's what should happen but no they would rather do the opposite.

LutanFyah:
How will the naira grow when the CBN left Fintechs in Nigeria and paid $500m to a Barbadian Fintech company to program the e-naira?

That huge amount would have provided the much needed FX, jobs and grown our nascent tech-economy but it was given to foreigners. Rwanda and Southafrica used their youths to provide their e-currency solutions,so what stops Nigerians from doing same.

Please, you and your fellow Patriots should allow the treasury bills thread to do their business and don't bring your gaslighting and propaganda here.

cucumbar:
which one is usdt?
Seems like it increases by at least, 1 dollar each day. At this rate, it will exceed 600 naira to 1usd before December.
I've been changing my naira to usd and just keep in a domiciliary account. But I'm being careful, make Dem no come tomorrow and say that you can't access USD. That's what is holding me back somhow.
The way the country is going is actually scary.

jedisco:
Sol on the daily not looking brill across board... Lodged what's left of my sol into bnb and betece

Hamachi:
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.

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.

Ibime:
Have taken profit on all my positions except the ones that correlate with Ethereum (Matic and ETC).

Waiting for a retrace to jump back in

DieRich5:
PSG ain't, dis last dip, e hold the $30 strong........I ain't paying for now, I'm waiting 2 days b4 the game

clems88:
Which Kain JuJu be this. Sol tie my money, I jump enter axs when e red the mumu co.in is just stagnant.

kings11ng:
Use it to buy Sol

DieRich5:
chz is a great coin ND alot of club re getting dere fan tokens, hopefully it click .30 I'll be buying alots ND also with PSG if click 24.........

BizBloke:
[color=#000033]This is bad.
There's actually no best thing to do now. I think you know what's best for you. And if you don't know, just simply ask yourself what happens if SOL doesn't rise in 2 weeks but keeps dipping, where would you live?[/color]

Reeefe:
openheavens2019

pls come ohhh ... I used my house rent to buy sol at 129 this afternoon I just checked this evening to see 115 pls what's the best thing to do now. I can still wait for 2weeks tho.

should I wait or chop breakfast?

sellydion:
Thanks for great insight. I opined that one should start with investing and graduate to trading. Trading is emotionally challenging.

Mumben:
Pls clarify, u said ur entry in OnE is 1, target is 1.5 but one is currently below$1. Or is it a mistake?

BizBloke:
[color=#000033]There's always another coin.
Or, you can average down; like if you've got that $500-$1k now, I think it's wise to still buy it and maybe see you at $1k - $2k/SOL.[/color]