₦airaland Forum

Naajjii:
Look at you, you are deficient in intelligence hence you cant see the subtle attack

And you the super intelligent is more worried about the 'subtle attack' than the lives of your countrymen.

At this rate, if someone talks on ending Almajiri, you'd call it subtle attack
If your politicians are being tasked on their duties, you'd say subtle attack
If people come out to protest killings by BH, same thing..

Can't you see that you and your countrymen seem more bothered about a hapless dress a lady wore than the lives of their brothers?

Naajjii:
You sounded like nyamiri, thats why i didnt check, but now i checked you look like north central people. You made this post to attack your fellow northern muslims

Just imagine!!! Does everything have to be viewed through religious lenses?

I wonder what in his post can be considered an attack. If Northerners cannot tell yourselves the truth, is it others that would?

Now he said he's a Muslim, the next thing will be he's not from Kano.

NL1960:
Such Indians borrow from banks in India and not from the banks in their country of relocation. They repay the loan in local currency and so not affected by exchange rate.

Not necessarily. It'd be difficult getting a loan in a if you're not a resident of a country or have good assets there.
One of the advantages developed nations have is ease of availability of cheap credit.

Once you have a steady income source and good credit history, you can get good sums from a bank at relatively cheap rates. Even better if you're a business with a sensible outlook.

Lacking a profile of our citizens in Nigeria has largely prevented banks from doing same. With BVN, it helped banks give soft loans at cheaper rates.
Now imagine if everyone had a credit history with a given number that is added to or reduced over time based on alot of everyday activities. In that case, you could get a 5-10 million Naira loan payable at 3% over 5 years from the comfort of your home. That money will be put back into the economy to make it grow. CBN is trying to force banks, but tge underlying platform is lacking

Manwarrior55:
People that bought in March are over 300% profit already.

The new trend now is people don’t really trust fiat anymore, the profit takers would rather buy stock or buy a more stable crypto like XRP with their profit from bitcoins.

It's on its way to become a store of value one can trade anywhere in the world. With more adoption, the price will appreciate.

What's driving this run is more of institutions buying up volumes in millions of dollars and some have almost half a billion in it.
Everyday folks will come to play after it settles above 20k and goes ballistic.

BTW, XRP ain't stable though... It makes abnormal moves on rare occasions and dumps in between. It's one of the least performing of the majors over time.

[

Bitcoi breaks all time high...

For sometime now, it has been the best performing asset. It's likely to continue that way for sometime as adoption increases.

BTW, I'm not asking anyone to buy now before you get dumped on

NL1960:
Once they relocate to another country and they start receiving salary, they take a loan from a bank in India and open a business back in India. Every month end, once paid, they transfer some of the money to repay the loan while the business is getting its feet. Over time, the loan is repaid.

That's what a good number of Nigerians want to do but are held back by two things
1. Our currency is too volatile... You may end up paying double of what you borrowed. The exchange rate does not matter much, it just needs to be stable.

2. Finding dependable folks back home to help with the biz. People in Nigeria believe those abroad pluck money from trees and are ever happy to make the person their palliative

DexterousOne:
Its 499 in the platforms people use for foreign stocks

Now many young Nigerians will panic buy into bitcoin
Further dragging the currency down
This Emefiele sef

Not necessarily bitcoi... An incresing number of Nigerians now save their money in stable coins... They are coins which are pegged to other currencies, most times USD and their price does not fluctuate with bitcoi value. I even saw an advert on nairaland for people to protect their Naira from devaluation by changing it go such
The increase in volume/popularity of such coins has helped to drive the price of bitcoi up.

Fact is most remittance to Nigeria comes in through that means and of course its out of the control of CBN. That's why some remittance companies abroad can offer close to black market rates and not CBNs rates

With a good number of central banks around the world including the Chinese and European CB testing digital currencies... If those come on board, I see many Nigerians going for them

awesomeJ:
Over 12% loss on Bitcoin today. That's 1.2m gone to the wind for anyone who rushed in with 10m.

This should help folks who were regretting not boarding feel better!

It's a crazy volatile market that is shaping up to be a pretty rewarding one if played right and sensibly.... It trades 24/7, worldwide with no breaks or resets.

To be honest, the pullback was quite obvious. It was quite unlikely it'd break 20k on first or even second retest.

That said, if it gets to 12k, I'd be reloading seriously as I think the real party would be next year

Naija to the world

Throwback:
You better comprehend better.

At no time did the Speaker's media team ever classified the victim as a hoodlum.

The information released was that the security team shot in the air to disperse some hoodlums who were different from the vendors the Speaker willingly stopped to interact with, and that in the process a vendor was killed.

The vendor was clearly identified different from the said hoodlums.

So the backtrack you assume is due to your own poor comprehension.

My friend shut up and stop spewing trash. This will be my only and last response to a tout

Interestingly, the first thing Gbaja's media said after the incident was thet the victim was a hoodlum who tried to stop their convoy and that the security agents shot into the air to disperse them.

Seems with the wider media coverage, he had to quickly backtrack and start playing to the gallery

This chap may be one of those bashing Nigerian girls on nairaland

janga:
this Tbills crash pushed some of us to extend our risk tolerance level, am already on 100% profit for a crypto pair i buy at $9k and its around $28k now in just 2wks only. if tbill was still at 13% i wouldn’t have join crypto and nse

Hehe... Money that comes easily likely goes easily...
Unrealised profit is no profit... Except you have the money sitting in your account as fiat or stable coins, it's not yours.
It's a crazy volatile market that trades 24/7...

There's a phrase in cryptoo trading which has helped me.. if you feel the need to share your profit margin, then it's time you take profit.

Comeandcollect:
Where do you buy at $9k and how do you sell at $17k?
The last time I checked when bitcoin crashed it was selling at N450 per 0.00001 unit or so, that means if you buy One million units, you will pay N4,500,000 for one whole bitcoin, now bitcoin is selling at N470 if you sell to trusted Nigerians here, where/who do you then sell to make $17,000 for one whole bitcoin?

I was referring to the levels or cost of 1 coin in USD... I prefer to track the price in USD as that's what everyone else relates to than Naira.
Of course, you can split it into much smaller units again, but it's the cost of a whole unit we're referring to

You can buy on exchanges listed above at much more better rates and less hassles and risks than resellers you find here. Bundle Africa is also another good budding platform.

tolajay:
I'm hitting myself right now.

Took positions when it was at 9k. Was hesitant to increase it at 10k. A friend kept compelling to increase my portfolio, I no hear.

But the time it hit 15K earlier this month, I felt bad, knowing I could have increased my stakes by 50%. Yet, my guy say make I still buy but I no gree.

Just yesterday, I checked preev, it was around 16k, today it's not almost at 17k.

Analysts say it might get up to 20/21k before January.

Hehe.... No need to worry yourself. You got in at a good time. There's always another buying opportunity. I'd advise you keep your cash in hand and look towards locking in profits. A significant buy opportunity should come within the next 1-5 weeks, you want to be ready for that.


I believe the real party starts next year.... But we're at a zone where smart money or people who bought largely at 4k and 9k will be dumping their bags on new entrants who believe it's going to the moon. It's very unlikely to cross 19-20k without significant blood first... When every analyst starts telling you it's going to 20k, you can be certain it'd likely do the opposite.

You don't want to give your profits back to the market. Nothing feels better than selling your bags after a good profit and buying lower. It's impossible to time the top so it's always worth taking profits after a significant run up except you're in it for the very long term. But even at that, you also want to compound your profits.

Akin3891:
Jeez. Bitc.oin is on fire. Anybody tapping into this free wealth creation ? Thought joining the train at 10k usd was late, now almost 17k, what a great miss.

Hope you've locked in some profits? It's been on a rip.
I plan on moving a good amount into cash in the coming days and using a good stop loss for the rest.

A significant pullback is around the corner and it usually happens when everyone thinks it's heading to the moon.

punisha:
For people still thinking this guy is genuine....it didn't take long for him to shoot himself on the foot.

He is asking for commitment first.
This one is still learning how to scam people.

If this is your evidence, then I think you're being bitter.

He did the right thing. No serious seller will take a vehicle off the market because someone they don't even know promised they were going to buy it. So you expect him to tell other people interested in the car and ready to pay that the vehicle has been sold or what? Same way you saw the car, liked it and called immediately is same way another person also saw it and wants it too.

Most will ask for a token or deposit to take it off the market which he did pending when you come and view and pay up. Else, you can just hold your money and pay in full when ready.

TransAtlanticEx:
I have also noticed that a lot of you are very naive on this thread.
You don't ask the right questions and take trash stories seriously.
This story Is fake,very obvious.
This is one bored woman making up things in her head to be noticed,for reasons I know not.
Whether na man she go nack she dey find abi wetin,I no know.
Tbills kor,account officer ni...

From most of your thoughts shared here, you easily come across as an ignorant, loud and arrogant person which is a deadly combination. From capitalism, to forex, to how you view women e.t.c...those traits abound.

Your issue with this likely stems from the fact that she's a woman and you don't see how she could have that sum.
I have told you before, if the only tool you have is a hammer, everything will look look a nail. If the ladies in your life are all paupers, does not mean that scenario is same in everyone's circle.

I work in an industry that has lots of bright minds and a good number of the best minds I've come across were ladies, single and under 30.

4.5m is good money, but even that is relative. People have come here before to ask for help in managing both larger and smaller sums. If you think she's lying, that's your opinion. For all intents and purposes, someone here may also say you are still in secondary school. That would not make it true either.

tracyorez:

This will be my last response to you.

This is a very good summary of your post and please keep to it.

You have got the necessary help and learnt the necessary lessons. You have nothing to prove to no one.

The dude's problem with your story is likely based on the fact that you're a lady and he's perception of ladies is based on those in his circle. It's not your fault he thinks the way he does.

laurel03:
A lot of Nigerians think India is our mate in science and technology... they are far better than us presently and rake plenty dollars from exportations of different things to Nigeria. bros no vex do you also have innoson vehicle??

I don't but also, I don't bash their cars either. They employ lots of nigerians and are one of our very few production companies

laurel03:
Tata Vehicles are India Made

Yes.... And we're very happy to buy but laugh at our own Innoson.

Tomorrow, when India becomes like China and nigerians are still crossing the desert to get to Europe, people will start complaining.
The only way to build worldwide Nigerian brands and fight unemployment is by supporting our indigenous Industries

The Indian company is steadily making progress while some deride our own Innoson. Considering the market for tricycles in Nigeria, why can't a Nigerian company be supported to go into it's production.

Don't be surprised if in the near future, we start using Indian made vehicles or buying their used vehicles as tokumbo.

@op and those finding it difficult to see how that's hate speech, one good test is to substitute 'gays' to a word that describes yourself e.g 'blacks' or your ethnicity and wonder how you'd feel if someone of a different race made such sweeping statement regarding people of your colour

From current results, it's almost decided. Biden just took the lead in Georgia by a small margin. Counting is 99% done. He wins there, he wins it