₦airaland Forum

If you live in Europe or America always save and prepare for the financial cycle.

I think the cycle is every 4 years.

4 years of riches and 4 years of suffering, that is how most western economy works.

The first 4 years, there will be lot of jobs and opportunities

After that, the next 4 years, is always a down turn in most economic, that is the time people will be lay off their jobs and there will be uncertainty, bankruptcy, the value of your house will be down and sometimes there will be foreclosure.

So always save and save, prepare yourself for the bad days because it will always come.

DesChyko:
Put a cost on his dressing first; who are the calibre of people who can afford that here in Nigeria?

Oga rest.

Two of my siblings are there now. One works for the biggest of the Big 4. She's only been there 2 years. In Nigeria, what are the odds?

Abeg abeg.

Una too dey lie.

There is nothing bad going to anywhere

But the lie is that your sister works for big 4 after 2 years in Canada.

This is not the will of the Syrian people.

But of western, Turkish, Iranian, Israel and the Russians.

assad was buying time but now, the time is over.

The Turkish sponsored the militants and they took over, the Russians gave assad asylum.

The event in Syria and has the geo politics of the middle east.

Nonexisting1:
Replace "working class" with "simps" and you will not be far from the truth. Simps are like hyenas, they eat left overs messed up by lions and they are in great numbers but have no self worth. Real men abound everywhere. Even my vulcanizer no dey take nonsense from the gender that betrayed Adam and humanity at large. The last time he fixed my tires, his wife came nagging and he never uttered a single word but whistled all the while he was attending to me. It was when she left that he said and I quote "a dog can only bark at the leopard, e no fit do much and no go fit stop the leopard from eating it when the big cat is ready for dinner". I paid him extra and shook his hands telling him, na man you be. That day, I saw another king restored the dignity of man.

So yahoo boys aren't simp

Who do you think spend more on alcohol and women? Between working class guys and yahoo boys.

Simps are abundant among yahoo boys, they literally buy love with money.

There are also working class simps but believe me a man receiving 200k a month will think twice before spending his money on different women

The truth is that there is no where to go to in Nigeria.

That place was too crowded and disorganized

purples25:
It's the wrapper and the headtie. You have married women dressing up like their husbands moms and you expect them not to look the part. Anyway, that's probably what her husband wants. He probably wants to keep looking young while she looks old, under the guise of dressing mature.

There are gowns that will cover her, yet make her look like a plus sized young model, but this is what hubby wants. E no want make any man look at his woman at all.

I guess you live with them to know what hubby wants.

After Four kids, you expect the woman to look the same.

I believe that is a family picture and she is wearing her native clothes.

Godwin4444:
bro I am not talking of an agent, I am talking about d realtors themselves

Agents are middle men n realtors are d money bags

If a realtor completes a duplex with 50 million, how much do u think he can sell it?

Let's start from there first

A realtor is an agent or broker

What you are talking about is a developer.

A house built for 50m can't be sold for 600m

It takes more money to build a luxury house.

Godwin4444:
I said in Nigeria

A realtor can do that within 10 years

You are saying an agent in Nigeria will do that in 10 years.

Why una too dey lie?

Alakoriomo:
I know. A Nigerian medical doctor who went to the US at the age of 35-40 can easily save around 400M to 500M before he move back to Nigeria at the age of say 65 to 70yrs. Because he studied in Nigeria and he won’t have any student loan to pay. His counterparts who studied over there have around $300k student loan and they pay this off within 20yrs, that’s why it’s hard for them to save. But nugerians have saving culture. While I understand that only very few can do this, it’s still possible for doctors and business owners to save around 400M in 20 to 30yrs

We are saying the same thing.

The conclusion is very few people can save this abroad.

Even in Nigeria, only few people have 600m in their account like 0.07% of the population

trium:
I am not a fan of japa or dollar dollar but this chart shows you the value of that money.

Let's say the guy likes West Africa, changing that naira to CFA overtime has weakened.

Let's even forget the guy wants to travel abroad, one small change in petrol price will reduce the purchasing power of that 600 million.

Bro! Nothing like that. Cfas ko CFA ni

600m is $400k

Do you think petrol price will reduce 600m..lmao

Exchange might reduce the value but if the guy is spending in Nigeria.. nothing dey happen

Blitzking:
Japa is for poor folks argue with your key pad...from 750mill and above its not worth it..if you av less you can japa..

That is true.

Japa is for poor and middle class folks who want to better their lives abroad

Alakoriomo:
It’s possible to save that 600M abroad in 30 to 40yrs before you retire back to Nigeria if you have a good job tho

You are right but only 1 in 100 people can do it

600m is more than $400k.

Even the citizens of that country can not save 600m naira in 49 years except they are working in a very good job in the top hierarchy.

Doctors in the US with years of experience and a private practice can save 600m in 10 years.

Senior programmer in the US with equity in a top company like Google or Facebook can save that

A successful Business man or woman in the US can save that.

But the issue is these people are very few.

The school and the dismissed case ruined a family.

The woman died of a heart break.

I have a very interesting opinion.

In situation like this, if the husband, family and friends are very supportive and emotionally present when she is grieving. She will be comforted and be alive today.

Yeah that is true.

Obviously in a country where majority are poor. A rich man has no accountability to his wife except he is sensitive, sensible and a respectful to his wife.

Majority of men who cheat, only cheat because they never had the opportunity to sleep with women when they were young and broke.

Cheating is expensive. It also destroys home and create lot of resentment and hostility in the home.

If you want to destroy your home, you can continue to cheat.

Alexas58:
This is why I don’t trade newly launched coins, because they don’t hav history .

But like a doctor would always ask for history of a patients illness bfre they start working other patient to get best result and know what the patient has been diagnosed with in the past!

Without history, I’m never buying a coin

Everyone has their own strategy.

Personally I only care about narratives and community, volume and nothing more.

Every tokens started with no history, that is how it works, so if you see the right token, you will make a lot of money from just buying early.

press9jatv:
they are adding sponsored advert to their dealings. Do you know the companies that are advertising on their platforms niiii. With the rate at which peller of TikTok presents his content on the media, celebrities like davido, tiwa savage and other celebrities joined peller on TikTok. Forget here, this guys earned cooled money. Do you know how much emmanuella earned on YouTube alone niiii? These guys are silent billionaires.

You are the type of person that will believe anything.

What silent billionaires are you talking about?

Peller made 30k in just one stream and that is from begging for gifts.

You know that Nigeria cpm is very low? And majority of content creators in Nigeria are struggling.

Even famous YouTubers in the US, do not make $40k per month just only on social media.

I hope you guys wont fade this season

The bulk of transaction in crypto is happening on solana

the data says it all.

The inflow into solana is greater than on any other chain.

Alexas58:
Loll!

Lemme burst ur head?
People buying now, are buying at the top top top, and they will learn some lesson!

Signed 4 years experienced trader as at 2024.

You can only buy at the top top on an establish token not on a low cap token

also if you are not greedy, you can make 0.5x or 1 or 2x on the top top but this type of trade are whales and not for traders with $10

Singapore1:
you are obviously entitled to your opinion. the purpose is not for everyone to agree

But you’re making my point for me with what you said. Every day, 10,417 new tokens are created, but almost as many—9,912—die within the same period. That means 95% of memes die within the first day of being created, and 99% don’t survive beyond three months. Do the math. Count the total number of memes above a $1M market cap, then factor in that 11,000 memes are created every single day. Now, consider the percentage of memes listed by Binance. If Binance lists one meme per day on average, that’s just 0.01% of memes created daily. The odds drop astronomically when you factor in that Binance doesn’t list every day.

Another mistake you’re making is judging memes based on market cap because you clearly don’t understand how market cap works at a fundamental level. I could write a thesis on that, but I’d rather not waste my time.

Like I said, I trade memes for fun, the same way I put random amounts in my sporty account to place bets. People who know me here know I’ve done 1,000x memes, 172x memes, etc. But ask me how many memes I bought before I got lucky. Meme trading is worse than a casino. Of course, a few people win, but if you understand statistics, you’ll stay far away from memes.

Another fact is that if a meme is not listed on tier 1 exchange then there is 99% chnce tht they will die off



you also don't need to look far. just check this thread from 2022 compare the meme being shilled now to the being shilled then.

Normally, i dont like reading long stuff about memecoins.

obviously you have brought statictics of pumpfun basically conclude that no one can make it on pumpfun.

the same statistics should be used for all the projects on coinmarketcap. the trending coins of 2017, is different from 2021 and 2024, majority of tokens have gone to zero because trends changes.

are there scams on pumpfun, there are thousands of scams, it is your job to do your own research to avoid those scams.

everyone has learnt their lessons and know that you do not hold tokens, you take your intials out and sell as the market cap increases, if you think a token is a scam, you cut your losses and move on, there are hundrends of trading bots that can literally help you to cut loss.

lastly, i dont want to go into all the stuff about thesis of marketcap or not, i have been in this game to know what works for me, i have stick to them and it brings result, i am really in this game to make money and not here for some theortical approach on how things work, i have learnt form the best and i am sticking to what bring reult for me.

Alexas58:
Let’s see how their prices will be by this time next year .


I’m sure you’re here to make money year after year, and not just a one time winner!

let me explain something

Crypto changes with time, the trend changes every time

who will expect that solana will be the bsc of 2024

the market in crypto is a fast moving one and we do not wait for how the market will look like next year. next year will care for itself.

you are suppose to take all the profit you can make right now because next year, a new trend might come up

The mistake majority of people made in 2021 was buying on top and thinking the pump will last forever and then holding for ever.

Pump do not last forever.

i have learnt enough lesson in crypto

make all the money you can now and save up and wait till the next trend to come.

Singapore1:
I’ll say it again for anyone who needs to hear it: 98% of meme traders lose their money. Your chance of making money trading memes is just 2%, and that 2% consists of people who dedicate their lives—literally 24/7—to trading. I trade memes too, but I understand the risks and know what goes on behind the scenes. Believe me, if you’re trading memes, you are far more likely to lose your money.

One major mistake many people make is trying to find the next Doge or Shiba. You will lose all your money chasing the next "big" meme coin. Instead, you’re better off chasing airdrops or sticking with already established meme coins like Doge, Shiba, or Pepe, which are listed on Bina.nce.

Remember, only one meme coin typically survives each bull cycle:

Doge survived the earlier cycles.
Shiba thrived in the next.
Pepe emerged after that.
And now, it’s Wif.

I am saying this because you are from Africa with low purchasing power, you have better chance in sptybet than this.


Signed
8 years experience trader

i disagree with everything you wrote

yeah memecoins are risky just like any other coin in crypto

you obviously havent been trading recently

Binance have listed more than 15 memecoins this cycle

goat, pnut, neiro, turbo, babydoge, popcat, mog,bome, wif, myro and many more.

i follow the data and there are about 10 memecoins in 200M marketcap and above

one rule about trading, is you never buy on top of an establish token or else you will be used as exit liquidity

Try as much to understand the market, the market is more than btc, ethereum, shiba or doge

we are no more in 2021.

i saw this token at 300k because someone shilled it because the person saw a whale with $10M buying it

So i put in $10 and it pumped to 2.5M, my $10 became $75, i sold about $23 and i left the remaining one for ride or die

from 1.8M to 25M

brought to you by pumpfun

HelloHelloagain:
I gave you a simple assignment stop talking trash


Go and search the origin of Islam in Nigeria then come back and quote me

you are not educated

Islam has been in Nigeria before Nigeria was formed

HelloHelloagain:
After your Friday head wiping

Go and check the history of Islam in nigeria

Then come back and quote me

How much are you been paid to push properganda?

your tactics i simple, you resort to abuse when asked questions and trying to gaslight everyone

The only thing people talk about here is BTC dump.

Is anyone trading anything at all.

We are in the bull run, to be sincere, no one cares about BTC, whether it pumps or dump.

I am still holding my AVB and it is now worth $95 from $15 and it is just pumped to 20M

i will continue to slowly build up my portfolio

i do not do TA, i only believe in hype and community.

Bought an Ai token on pumpfun earlier this month, sold for loss on wednesday, today i checked and token has pumped to 5M from 100k

also i put in $15 in another Ai token called AVB, the founder is a very known person in the Ai industry, i put in $15 at $1.8M, it pumped to 15M and still pumping ut i have already sold half of my token for profit at 6.5M and i left the remaining one now worht $65( that is 4.3X)

i am slowly building up my portfolio, no greed, just normal profit taking, i dont care about 500x, i am more interested in consistent 3-4x,

dukeo:
It's how to find the next one now

The trend is on pumpfun

There was a time it was only about cat and dogs, there was a time it was about elections, there was a time it was about zoo animals, there was the AI trend.

AI tokens are still trending, they are mostly utility tokens, if you understand the lore, you will win.

Spend more than on twitter and follow Kols that tweet about memecoins, understand the narratives behind them, check website, twitter page, copy and paste contract on twitter and see who is talking about it, then make you own decisions whether to invest or not

harry2sexy:
To each his own, I am a trader, not a gambler

I don't think you are a trader.

What I wrote is the basic research every trader carry out before they buy any token

harry2sexy:
Also talk about the ones that rug in 4mins after launch

you get rugged because you do not understand how the game is been played

the game is all about narratives, strategy ,doing your own research on twitter, buying in and taking out initial profit and allowing the rest to run or die.

Most devs on pumfun use bundlers for supply control and also to dump on everyones

understand the trade book on pumpfun and you will see those that are bundled or that are bots.

everyone strategy is different, some traders buy on pumpfun and sell there, why some buy on raydium

token distribution is a must, i have been in this game for 6 months, at first i got rugged and continue to change my strategy

i have missed straight 10x because i sold early

Ok guys, if you wanna be successful trading memecoins on solana try to understand american meme culture and also tiktok culture

for instance Pnut was a viral pet that got killed after someone reported it

someone created a pumpfun token about it and elon musk twitted about Pnut and it pumped.

lot of people made money from it.

to be realistic, the majority of people making millions in crypto are american 16-21 years old because they understand the memecoin culture and trend.

look at those who bought pnut very early on pumpfun, some of them are millionaire

I know one of them that sold his token for $40, that token is now worth $20M