₦airaland Forum

Oyindamolah:
The Telegram channel is posted on the post

Ok thanks

Oyindamolah:
Introducing @DeFi_Land

DeFi Land aims to develop a gamified approach (web-based agriculture simulation game) to build a DeFi aggregation layer that seeks to solve the problem of mass adoption to DeFi.

They won second prize at Solana Hackathon - 2nd prize in DeFi track.
DeFi Land aims to build easy to navigate and fun solutions for user onboarding to explore DeFi.

The platform also includes play-to-earn model that allows users to earn income for completing tasks or reaching milestones. They beta testing is currently on with Mainnet set to launch next month.

Please can you share their website and TG.

jedisco:
Common sense... Folks ape into the top cos someone on YouTube told them we're going to the moon only to return in tears when the market has a healthy retrace.
I wonder where the TA vs FA stuff is coming from. Many successful traders in this space combine both.... Most things are just common sense

Very true, I was trading with common sense even before I knew about TA and FA. Both are important. I'm still trying to get a hang of TA cos I feel no knowledge is a waste.

Please keep up the good work, you're one of the gurus I respect here.

Creedxv:
Good day bosses in the houses. I've been following this thread for a while to see if I can sharpen my knowledge about crypto, but up till now, everything still sounds like spanish to me...

Well I took the first step and I've verified all accounts ( binance , bybit, kucoin,).... I'm not looking for a get rich quick scheme...I just want to learn the basics and know what next to do...

I'd appreciate a reply....Thanx Everyone

I've been trading for almost a year now and I still regard myself as a newbie. One thing I have done is use Google and YouTube to understand better. Then when coins are mentioned here I check their chart to see the history and movement of the coin (I was doing this even before I knew about TA and FA), Google them to know what they are all about. Most times you'd learn from experience. Lastly when you find the coin you want to buy, always wait for a dip or retracement. Even if the coin is mooning, don't be tempted to fomo.

One more thing, Google acronyms you don't know, before investigating in shit coins, DYOR, don't invest more than you can afford to loose and follow the gurus here closely.

I just love this thread, people here are smart and they will humble you. Whether you are a scammer that has changed moniker or one that plagiarizes posts from Twitter.

millennialaku2:
wow . im just seeing this and e don off me totally..... i swear

i remember when you made a post about buying into ifinity wheels. what actually made me pick interest was because the update was from sysdatek( he's a whale i used respect so much).

when i was about to buy, i decided to check their telegram group and i saw something fishy, i even made a post about it in the group.


sorry for your loss bro

Oh so you were the one that made that post on their TG. I saw it and that's one of the reason I didn't buy.

Mazinewmoney:
Ibime God will bless you in abundance. Weeks ago I was crying here about a hack in my trustwallet (Nna eh ds Sysdatek wan finish me totally) Now I remember what really happened. Did you know that the hack happened few hours after I connected my wallet and bought that infinity pre-sale. This guy's wiped all my bnb together with the tokens I've got in there. Oh my God.

Do you still have the Infinity wheels token?

Ibime:
Nothing can be gleaned really from the CA as liquidity hasn't been added yet.

It may still be legit but I would personally flee from this due to few red flags:

Their private presale price is 1/3rd their public presale price and it's the same amount of tokens (50m) allocated to both. That means heavy dumping on your head if they launch. Them go use you for liquidity. I also guarantee they did not sell $5m of tokens in private presale. They most likely gave it to themselves for free to dump on you when you buy. (That's if they even launch and don't just chop your money)

Their starting marketcap is grossly overestimated at $20m ($5m private and $15m presale). They don't have the noise or marketing to raise that kind of capital. There is a decent probability they just chop your money.

Coins launching now will doxx themselves to Pinksale etc and with a starting presale raise of $500k to $2m. With the size of their TG group and marketing, this should be no more than $1m capital raise, talkless of the $20m they are aiming for. Launch is on Friday and they have nowhere near enough users or marketing to raise that capital. Those private presalers (read CEO) will dump on you if s/he ever even launches this token. And they aren't doxxed which means they can walk away scott-free if they chop your money or dump on you.

Thirdly, most of the TG users are Nigerian or Middle Eastern. It also hints that the heads behind the project are Nigerian. There is no way you raise that capital from 10k mostly Nigerian TG users. I always equate 1TG user to $100 as that is the average raise I have seen countless times per TG user. With Nigerian market, you can drop that number to $20. That means this project might raise $200k in real funds - if that, since the TG is highly botted.

Also the TG moderation/admin does not look experienced nor serious this close to launch. Also the TG is highly botted with bots and paid foreigners from low income countries (people that won't buy)

There is another aspect that concerns me, which is having to connect your wallet to their website in order to buy the presale. Like I said, the project may be legit, but I would personally transfer out all my funds to another wallet if I have connected my wallet to their site. Scammers can use such a setup to drain your wallet.

This project is either from a scammer or an overambitious and unrealistic dev who won't achieve any of the marketcap s/he is trying to raise, and presalers will suffer. I was involved in a project with some friends for one of their business which has a real life valuation and real life utility. When they tried to value their IDO at $50m, I walked because I doubt they can raise even $500k. All that will happen is presalers will throw their money down a black hole for an unachievable IDO, and they will ruin their reputation and have to return the money to presalers having failed to meet IDO softcap which is exactly what's happening now. I doubt this particular dev will return money to presalers when they fail to meet their IDO raise though. With 90% certainty, your money is lost.

Thanks a lot for your analysis. Infact some of the issues you wrote about extensively were my concern and I didn't buy the token.
Thanks again

adebolamide:
quote author=Mazinewmoney post=107912021]If I catch you I'll strangle you. Get out of here criminal
You can call me any name but God who is above us knows my intention.
See my profit with date.

We hear you, but show us here. Don't ask us to dm you.

Crazeworld:
How can I check for the number of people that holds a coin please?

It's on bscscan dot com. Google Infinity wheels, it would come out.

Ibime:
Do you have infinity wheels CA and TG group?

This is the CA:
0x5f0414C80f6fe813732A861D76008d51ADb5dC55

The link to their telegram group is on their site:
infinitywheels. io (without the space)

Please help us check, would appreciate

nonut:
Confirm and make sure the guy in question is with the EFCC. They could be running another scam on you to cover up the one they did.

My thoughts exactly.

Mazinewmoney:
That screenshot was sent to me by that guy. That was what he Invested. That was what Sysdatek scammed him of. He said he works at Bureua de change

Wow!! I actually smelled something fishy with the infinity wheel pre-sale this Sysdatek called. I kept hesitating, infact that's why i asked yesterday if anyone had bought. I noticed the telegram group's name was changed (it was previously for Cita moon which I discovered was rug pulled).
I also checked bsc scan and saw there were just 36 holders. The website too get as e be, even on YouTube it was only 2 videos I saw about the coin (on how to buy the pre-sale), and it was posted by Nigerians.
I had already transferred bnb from binance to my trust wallet, but I just kept holding back, only to see your write up.

Please has anyone bought infinity wheels here?

Macelliot:
If you need a coin that might x5 before December, then Buy DREP and Hodl. Why?

Bitcoin has circulating supply of 18million
Ethereum has 181million
Drep has 39million e.t.c

Let do maths.

Law of demand and supply
*The higher the supply, the lower the price.
*The lower the supply, the higher the price.

Let's check out coin with high prices.


COIN (Circulating Supply) - (Price) - (volume)
BTC - (18million) - $62,000 - (2.1billion)
YFI - (36thousand) - $34,000 - (12.7million)
Ethereum - (181million) - $4,500. (1.5billion)
YFII - (38thousand) - $3,800 - (3.5million)
MKR - (1million) - $2,800 - (20.8million)
PAGX - (700thousand) - $1,700 - (2.81million)

Coins with high price has low circulating supply.

XEC, 18trillion supply. $0.00020916 price
BTT, 659billion supply. $0.003911 price
WIN, 766billion supply. $0.0007753 price
SHIB, 549trillion supply. $0.000051

Some of these coins with high circulating supply still has capabilities of doing X5 times because the prices are still low.
BUT, you can't compare them to coins with lower circulating supply.

Circulating supply and Price is very important.

It's difficult for bitcoin to do X3times before ending of 2021, because the price is already high, even though it has low circulating supply.

To calculate this.. circulating Supply X Price = Volume.

SHIB already has a high volume. It will be difficult for it to do X3 again before the end of 2021.

Check out DREP

Circulating supply - 39million only.

Price is $0.69

Volume is 2.18million.

Read Again

The Top 10 coins with highest price on Binance has low circulating supply. (Confirms the law of Economics)

The cheapest coins has the highest circulating supply. (Confirms the law of Economics).

For the HODLERS, find a coin that still has a low price with low circulating supply.

Buy and Hodl $DREP.
Buy and Hodl $DREP.

This message is for the hodlers.

Bookmark this post. Come back in few months and thank me later....

Can't thank you enough for this call. I did my own research, coupled with Ibime saying he would buy some. I decided to buy some also

jedisco:
I made this post on an alternate thread but also decided to share this post here on a slow day. I believe people here would find it useful... Focuses on lessons learnt during the last selloff

Thanks, this is really helpful

cnwamo:
It’s PPR time!!!!

NOVA SCOTIA NOM-NOV 09
COR: CHINA
NATIONALITY: NIGERIAN
ITA-NOV 18 2020
AOR-JAN 07
M.P-FEB 10
B.R-FEB 10
PRIMARY V.O: CIO
SECONDARY V.O: OTTAWA
Remed- Nov 9
PPR: Nov 16

The wait was worth it, wishing everyone goodluck.

Congratulations!!!

9japple:
keep your coin requests coming...
26.
27.
28.

Drep

DieRich5:
Police don carry one guy for my street wey Dy mine pi....Dem Dy ask am for money, the guy don weak

Badadvisor:
My brother ehn no be small thing.
Few days ago i decided to covert $8000 i wasn't using and make a quick profit of shiba.
Now it's remaining $7200. I'm now struggling to get my complete 8000 back

Don't blame your loss on crypto. What you did was wrong and if you have been following this thread you should know of DCA. You should have split the money in 3 or 4. Buy with 2k and wait for a dip like that of on 10th, buy again. If you had done that you wouldn't be at loss or it would have been minimal. Yes crypto is risky but if you invest cautiously and not go all in at once, you save yourself a lot of stress.

[quote author=Lahun post=107512033]That's why Africa will never move forward. I once asked someone how she managed to immigrate to Toronto, and guess what she told me? 'Go to IRCC website, download the form and apply'.
quote]

Some Nigerians are funny, she will be shocked to hear you are in Canada. That's why I really appreciate this thread, where we can get the help we need (I've been a silent reader).
My sister who lives in Canada told me Brampton, Ontario is dominated by Indians. My point is, you see Indians helping each other migrate, but why can't we do the same? This 'I no want my neighbor progress pass me' attitude, I wonder where it would take us to. Smh

Mazinewmoney:
I am shocked to my kidney. I feel like its the end of the world..... Which kind backwardness be this one. All my savings in TWT gone.

So sorry, I've been a silent reader on this thread. Just a piece of advice: try to use a hardware wallet like Ledger Nano X for coins/tokens you want to keep long term.

.