Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,194,435 members, 7,954,729 topics. Date: Saturday, 21 September 2024 at 08:05 AM

Opinedecandid's Posts

Nairaland Forum / Opinedecandid's Profile / Opinedecandid's Posts

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 128 pages)

Politics / Re: Tinubu Presented A Dollarised Budget, FG Benefitting From $/N Hike - Ndume by Opinedecandid(m): 12:04pm On Feb 22
Fire on tje mountain.

1 Like

Politics / Re: Alleged Misappropriation Of N3.5bn: LP State Chairmen Tell Abure to Step Aside by Opinedecandid(m): 11:44am On Feb 19
This is naija.
We are all Nigerians.
Im not suprised.

3 Likes

Politics / Re: Ex-Edo Commissioner, Andrew Emwanta Dumps APC Over Governorship Primary by Opinedecandid(m): 10:44am On Feb 19
One primaries, 3 wnners.

Joke is understatement.

1 Like 1 Share

Travel / Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by Opinedecandid(m): 11:36pm On Feb 18
theamazonguru:


Truthfully, I can't tell how he does his own trading.
However, the fundamental principle of trading that makes any single trader to make profit is to buy low and sell high.
You can't buy at say #100 and sell at #99 and expect to make profit.
You only make profit when there is a significant difference between the entry price (price at which a product is bought) and the exit price (price at which the product is sold off.

This is the reason he advised you sell at a given time the following day.

You can do an experiment.
Go to the spot trade for USDT/NGN
Check the price say today at 8pm.
That is your entry price.
Take note of that price eg 1 USDT = N1609
Let's say you have N1m trading capital.
At the above market price, your 1m will buy you 621.5 units of USDT.
Remember this will be in your spot wallet.
You will need to transfer it to the funding wallet in order to sell it off on the P2P market.

Wait till tomorrow.
Check the price at the time he stated.
Say at 4pm tomorrow
Check the SELLING price on P2P. This will be your exit price.
The question is what is the price at this time.
If the selling price is below N1609, you will be selling at loss.
But if the price is above N1609, you will be making profit.
So let's say the P2P selling price is N1615 /USDT.
That means the difference in price is N1615-N1609 = N6.

Remember you were able to buy 621.5 units on spot.
Which you already transferred to funding wallet.
*if you don't send it to the funding wallet, you won't be able to sell it off on p2p.
If you sell that off your profit will be N6 * 621.5
= N3,729


This example is just for explanation purposes.


Another way is to just buy low on the P2P market and sell high also on the same P2P market.


Remember the market price fluctuates, it keeps rising and falling, so you are not under any pressure to sell off until the selling price is higher than the buying price.
Otherwise you will end up being in loss.
I am saying this because you may think you need to stick to the timing he stated.
Hell NO.

All you need do is take note of the prices.
Buying price (Entry) & Selling price (Exit).
Compare them from time to time.
Once the difference makes sense, you can sell off.
Data is your tool.

Wow..
So nice and patient of you.
Thank you.
Ypu have been detailed enough.
I'm grateful.

1 Like

Travel / Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by Opinedecandid(m): 7:49pm On Feb 18
theamazonguru:


Binance is an exchange.

An exchange is like the market place for crypto where buying and selling happens.

Exchanges eg Binance, BYBIT etc are to crypto what the likes of First bank, Ecobank, Fidelity etc are the banking sector.

Get register on any crypto exchange like BYBIT or BINANCE.
Get verified.
Then start carrying out transactions.

It's that simple.

If you have say #100,000 and you want to convert it to USDT (a stable coin), you can go to the exchange eg Binance, enter the peer to peer (P2P) market , select any of the sellers using a set if criteria (number of completed trades, trust rating , reviews etc). Complete your transaction by making payment to the designated account displayed to you on that trade.
The USDT is credited to your funding wallet from where you can transfer it to your spot wallet.


Good luck.

Great. Thabks, too.
But how do sellers trade usdt and make between 2-5% daily as claimed by darediamond.
Politics / Re: Stop Being Heartless, Fix The Economy, Leave Business Owners Alone – Obi To FG by Opinedecandid(m): 9:21pm On Feb 17
Kushites:
So Peter Obi, in your IPOB head, it is okay for businesses to hoard food items in large warehouses to create artificial scarcity leading to high prices?

Govt should just fold its arms as that happens?

This man actually WANTS this hardship to continue, because he sees that as favouring him politically.

Deep down he does NOT want things to get better in Nigeria.

He’s a complete idiot with absolutely no credibility whatsoever.

Even though i am not amd i will never be a supportwr of Tinubu.
However, this Letwr Obi's reqction proves that he doesnt know wjt econimic sabotage means.

4 Likes 2 Shares

Travel / Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by Opinedecandid(m): 2:23pm On Feb 17
darediamond:


Haa, e no go beta for village people running after you to think #8,000,000 is not enough for you to live well I'm Nigeria.

I am using 5M Naira to trade Naira USDT on Binance and I am making in a minimum of 200K naira daily from doing so when I use my Naira to buy USDT on Spot Market between 10pm and 2am Nigerian Time and Sell the bought USDT back between 10am and 2pm Nigerian time. You can wait till between 4pm and 5pm before you sell it Back too.

But if at all you wanna allow village people do you strong thing, no allow am reach a level wey you no go open Domiciliary Accounts with all Nigerian Banks, as well as Savings accounts with each of them all. Open bank accounts with Opay, Palmpay, FairMoney, Kuda, Carbon and the rest of the NEO or Online Banks licenced by C.B.N.

Make sure you get Master and Or Visa Card over all your opened Savings and Or Business Accounts(preferred).

Inform each of the banks via a written letter that you would need your card to be activated for International Web Transactions as you will now be living outside Africa(preferred).

Most banks would activate your savings account linked Bank cards and or Business Accounts linked Card which MUST EITHEER BE VISA or MASTER CARD.

GTB even have a special Card to that effect. It is called NRN card. It is Non Resident Nigeria Bank Card created mainly for Nigerians outside Nigeria, expecially those living outside Africa who would like to spend the Naira in the Bank accounts with GTB.

See the Banks in Nigeria will sell Dollars to you at Bank rates constantly if you live outside Nigeria. You can resell that Dollar (which is backed by sales of Crude oil) at Black Market Rate Online or over the counter (OTC).

Infact, Nigerian Banks buy Dollars from CBN at cheap rates to resell at commercial Bank rate.

Cancel the crude oil sales fund and you will the Commercial Banks profit funnel plummet massively.

Learn to use Artificially devalued Naira to fifth back the artifial Inflation created via it inview of crude oil before YOU JAPPA.

Do not leave frying pan to enter fire.

Binance is there for every Nigerian that is suffering from this Tinubu Naira Devaluation to ustilise to fifth back this callousness of his Delibrately devaluing Naira in favour of Britain, France, USA etc.

If Naira is not devalued, they will have to pay heavily for the Natural and or Raw Materials they do come here to buy and shipped back to Europe and other Continents.

This is what the Chinese have taken advantage of now. That is why you see them enmasse in Middle Belt after they were chased ot of Ghana some years ago.

Be wise. Do not run away from fire to enter Inferno.

Learn about how this world is Organized against every Common Man and Woman and How you can fifth Back Peacefully and Legally using Fiat system of the Powers that Be.

Hmmm...

A word is enough for....??


Can i learn from you, please?
How do you do the usdt trading on Binance?

2 Likes 1 Share

Politics / Re: Stop Running Rivers State Without A Budget - APC Tells Fubara by Opinedecandid(m): 4:01pm On Feb 16
MadamExcellency:


He has the Chief Judge. It wouldn't happen.

It still boils down to the fact that he does not have enough balls to resist the coming tsunami.
State of emergency in the offing.
Politics / Re: Stop Running Rivers State Without A Budget - APC Tells Fubara by Opinedecandid(m): 2:46pm On Feb 16
amazinghomez09:
come and impeach him nah

Im not sidding Wike, at all.
I have a problem with the way Fubara is not man enough. The odds are againt him.
Politics / Re: Stop Running Rivers State Without A Budget - APC Tells Fubara by Opinedecandid(m): 10:38am On Feb 16
Impeach him at once.
He lacks the balls.

2 Likes 1 Share

Politics / Re: #RevolutionNow: FG Discontinues Treasonable Felony Trial Against Sowore, Bakare by Opinedecandid(m): 1:01pm On Feb 15
Laughable.
Travel / Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by Opinedecandid(m): 12:01pm On Feb 15
darediamond:


Haa, e no go beta for village people running after you to think #8,000,000 is not enough for you to live well I'm Nigeria.

I am using 5M Naira to trade Naira USDT on Binance and I am making in a minimum of 200K naira daily from doing so when I use my Naira to buy USDT on Spot Market between 10pm and 2am Nigerian Time and Sell the bought USDT back between 10am and 2pm Nigerian time. You can wait till between 4pm and 5pm before you sell it Back too.

But if at all you wanna allow village people do you strong thing, no allow am reach a level wey you no go open Domiciliary Accounts with all Nigerian Banks, as well as Savings accounts with each of them all. Open bank accounts with Opay, Palmpay, FairMoney, Kuda, Carbon and the rest of the NEO or Online Banks licenced by C.B.N.

Make sure you get Master and Or Visa Card over all your opened Savings and Or Business Accounts(preferred).

Inform each of the banks via a written letter that you would need your card to be activated for International Web Transactions as you will now be living outside Africa(preferred).

Most banks would activate your savings account linked Bank cards and or Business Accounts linked Card which MUST EITHEER BE VISA or MASTER CARD.

GTB even have a special Card to that effect. It is called NRN card. It is Non Resident Nigeria Bank Card created mainly for Nigerians outside Nigeria, expecially those living outside Africa who would like to spend the Naira in the Bank accounts with GTB.

See the Banks in Nigeria will sell Dollars to you at Bank rates constantly if you live outside Nigeria. You can resell that Dollar (which is backed by sales of Crude oil) at Black Market Rate Online or over the counter (OTC).

Infact, Nigerian Banks buy Dollars from CBN at cheap rates to resell at commercial Bank rate.

Cancel the crude oil sales fund and you will the Commercial Banks profit funnel plummet massively.

Learn to use Artificially devalued Naira to fifth back the artifial Inflation created via it inview of crude oil before YOU JAPPA.

Do not leave frying pan to enter fire.

Binance is there for every Nigerian that is suffering from this Tinubu Naira Devaluation to ustilise to fifth back this callousness of his Delibrately devaluing Naira in favour of Britain, France, USA etc.

If Naira is not devalued, they will have to pay heavily for the Natural and or Raw Materials they do come here to buy and shipped back to Europe and other Continents.

This is what the Chinese have taken advantage of now. That is why you see them enmasse in Middle Belt after they were chased ot of Ghana some years ago.

Be wise. Do not run away from fire to enter Inferno.

Learn about how this world is Organized against every Common Man and Woman and How you can fifth Back Peacefully and Legally using Fiat system of the Powers that Be.

Hmmm...

A word is enough for....??

You sound too good, almost unbelievable.

1 Like

Travel / Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by Opinedecandid(m): 7:31pm On Feb 14
VIKTO83:
Flight to UK is around 1.7m. That's 2-by d way.
Some schools initial school fees is around 1600GBP.
See, don't let anyone discourage u.
U can get to UK with 5M.

5million?

Unbelievable.
Politics / Re: Budget, Agriculture Ministers Fault Subsidy Removal, Floating Of Naira by Opinedecandid(m): 5:45pm On Feb 09
Nice from them.
Posterity will vindicate them for speaking up.

5 Likes 2 Shares

Politics / Re: PDP Governors Advocate State Police, Donate N100m To Assist Plateau Victims by Opinedecandid(m): 8:48am On Feb 02
Well done, gentlemen
Travel / Re: I've 8m, I'm Looking For A Country I Can Travel To For Msc Program Apart From UK by Opinedecandid(m): 10:50pm On Jan 15
Mcslize:


Don't take the study route. Tell us your educational qualification and experience and I will provide you a better option. Don't waste your money through the study route.

What would you recommend someone who studied English and can teach English or Literature in English.
I also have some certificates on Project Management but without experience just yet.
Advise please.
Politics / Re: What Bandits Told Us Before We Found Nabeeha’s Corpse – Uncle by Opinedecandid(m): 12:45pm On Jan 15
Thank God I'm immuned to the happening around me.
Politics / Re: Rivers Assembly To Fubara: "You Have Not Presented The 2024 Budget" by Opinedecandid(m): 9:32pm On Jan 09
ANY ONE SUPPORTING WIKE AND HIS GONS IS A GOON.

1 Like

Politics / Re: Fact-check: Did Nigerian Soldiers Escort Gunmen To Plateau Killings? by Opinedecandid(m): 4:55am On Jan 09
I thing surprises me again.
Politics / Re: Omokri Mocks Betta Edu: Oyedepo’s Prayers Should’ve Made You Set Good Example by Opinedecandid(m): 4:51am On Jan 09
SyrusdeHansome:
Let no idiot bring Bishop Oyedepo into the discussion of the corruption allegation of that lady. He prayed for her, and so does what? Is he the one that also prayed for Tinubu and his other ministers that are constantly stealing frm the country? Can our first lady who happens 2b a pastor confidently sweas that she`s clean? Can our former vp who`s also a pastor swear that he`s clean? Are all the corrupt politicians we keep producing not frm one religion or the other?
Only one takeaway is what you need.
Wake up from the slumber that Bishop Oyedepo's prayer made her to be appointed minister.
Period!
Politics / Re: President Tinubu Suspends Betta Edu, Minister Of Humanitarian Affairs by Opinedecandid(m): 2:13pm On Jan 08
Pot and kettle.

8 Likes 1 Share

Politics / Re: Tinubu, Akpabio, Others To Attend PISE-P Unveiling In Abia by Opinedecandid(m): 7:49am On Dec 28, 2023
Ebubu:
This summit is not a priority.

Pipe gas pipes to Aba, Enugu, Owerri, Nnewi, Abakaliki for industrial use because their region generates it.

Make PH to Maiduguri rail standard gauge.

And dredge Abia riverport, oguta riverport, onitsha river to receive larger vessels.


These are all we ask.

You are still advocating to govt to dedge ports when there are ports in in country with natural depths without being put to use like Jbaka, in Akwa Ibom.
Make una de fear God.

4 Likes 3 Shares

Politics / Re: Rivers Crisis: Tinubu’s Intervention Must Not Violate Constitution — Secondus by Opinedecandid(m): 2:32am On Dec 26, 2023
He has already lagolised Rivers State.
Health / Re: I Have Man Boobs (Gynecomastia). Please I Need Help by Opinedecandid(m): 10:03am On Dec 24, 2023
Inject estrogen. Plenty of it.
You don't need surgery.
Religion / Re: Will God Answer This Lady's Prayer? by Opinedecandid(m): 10:00am On Dec 24, 2023
God is spirit and He sees things of the spirit.
Man is flesh.
Shalom.

1 Like

Politics / Re: Rivers Crisis: Winners & Losers In Fubara-Wike Peace Deal by Opinedecandid(m): 6:19pm On Dec 21, 2023
Na their business
Politics / Re: ₦25k Monthly To 15M Nigerians, Tax Waivers Solutions To Economic Hardship - BAT by Opinedecandid(m): 9:31am On Dec 18, 2023
Rubbish 25k monthly.
So after 3 months what happens?


Tax Waivers is okay to both Nigerians and multinationals who are dumping the country in droves.
Again, reduce electricity tariff, or take subsidy there.

Take that 25k that you want to give the minister and her cronies to embezzle and fix the roads to the states with large farms for food production.
Supply them with modern farming equipment and technology.

Recruit community security outfits to protect the farms, thereby strengthening security of farmers, the farm produce and also generating employment.

Be reasonable and stop dancing.

Is there no reasonable person around this man?

33 Likes 7 Shares

Politics / Re: Godswill Akpabio Collapses After His Birthday Colloquium In Abuja by Opinedecandid(m): 1:48am On Dec 15, 2023
gebest:
Akpabio is my guy anytime any day, his performance as a governor in Akwa-Ibom state is top notch.

Dont mind the children of hate and disgust.
Simply because he's not from their town.
Ethnic bigots everywhere.

1 Like

Travel / Re: What do you advise? by Opinedecandid(m): 10:32am On Dec 13, 2023
I'm interested, therefore, I'm following.
Politics / Re: 2024 Budget: ₦‎532.5 Billion Not Enough To End Poverty In Nigeria - Betta Edu by Opinedecandid(m): 9:58am On Dec 13, 2023
Madam kindly koi
Politics / Re: Rivers Assembly: Ehie Edison Presides Over Sitting After Court Judgement by Opinedecandid(m): 8:54am On Dec 13, 2023
NOETHNICITY:
These guys are a bundle of joke.

Sitting in an undisclosed location

Sim has always come across as one not brilliant. But with the events of the last few days he has proven to be more foooooooolish than I thought.

A wise man picks his battles wisely.
I read in a James Hardly Chase that, a wise man knows when to fight, and he knows when not to be in a fight.


Your opinion smacks of bias.
Rest, jor
Travel / Re: Japa: Can 4million Take Me To Australia by Opinedecandid(m): 9:08pm On Dec 12, 2023
On what purpose is your trup, schooling or job-hunting?

2 Likes

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 128 pages)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 67
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.