₦airaland Forum

TundeWX:
One of the best threads on this platform.
Great work!! Financial Intelligence; difference btw a rich man and a poor man

Thanks Tunde. Financial Intelligence is lacking in Africa. And that's why the credit system is also behind. Looks like Africa is only good for entertainment and population

WHAT IS MARKET CAPITLIZATION? One Key To choosing Multi-Million Dollar Crypto or Stock.

(Interesting 4 minutes read)

Trade volume, beta, dividend, IPO, leverage, moving average, market shares, liquidity, volatility, ETF, Index and market Capitalization. These are terms that affect buyers and sellers sentiment in any market.

What do they mean?
How can they affect your investment decisions and profitability?

A lot!

Today, I want to take on the market capitalization. I will tell you what it means and how it affects the value of a Cryptocurrency or stock.

By the way, MTN Nigeria is selling her shares now. This information can help you make a right choice on thier offer.

MARKET CAP as it's called is simply the addition of total value of all that asset available in the market.

It's the number of asset units in circulation × unit price.

For example.

•Tesla was valued as a $1.02 trillion company because a unit share sells for about $1,000 and there are about a million Tesla shares in circulation. $1000 ×1,000,000 = $1 trillion.

By the way Elon owns 20% of that.
Thats why he's worth about $270Bn

•Bitcoin's M-cap is $1.2 Trillion too. That's 19 million BTC × $60k.

•Dangote cement: M-Cap is N4.7 trillion that's 17bn shares × N280 per share.

By the way too, Dangote cement has been paying N16 per share in dividend every year since 2018.

Aliko, the largest shareholder received N234bn in 2020 as dividends (like profit sharing) on his shares.
You fit buy too. Dividend na talk for another day.

You Gerrit?


HOW DOES IT AFFECT INVESTMENT

Every Investor wants the price to increase after he has brought an asset. So that when he sells he will make a profit or ROI.

The number of shares in circulation may not change easily. But the unit price changes very easily. That's where the importance of market cap arises.

Investors have confidence in high market cap assets for obvious reasons.

A large market cap means many people trust this company and have proven their trust by putting their money into the company or Crypto or asset.

Low market cap Companies have low market cap for two reasons.

1. It could be that the company or stock or Crypto is worthless and has not use. That's usually the reason most times.

2. People do not know about the asset yet or they are just going public (like at Alibaba's IPO) as they become available for investors to evaluate.

The market cap will begin to grow and this can happen in two ways.

i. the units in circulation could increase (by mining in Crypto or IPO/ PO in a company stock)

ii. The price will increase. This is what happens most times.

SMART INVESTOR ARE ESRLY

As a smart investor, you make money by seeing what others cannot see and doing what others are not doing now.

When you hear it in the news, I assure you, you are late.

Once a market cap of an asset becomes high, the chances of a rapid price increase becomes slim and unlikely because there is a limited amount of money in the industry. Prices reflective of the M-Cap can get to a maximum band (range).

The M-cap is the way to evaluate when an asset is not yet super saturated by other investors. You can't use price because the total units in circulation may be very high.

How do you know what's number is high or low?

You compare with other similar assets.

For MTN Ng shares, compare the M-cap of MTN ng to Airtel. MTN is selling at N169 now and Airtel is at N960 but that doesn't matter as much as the M-cap. If the M-cap of MTN is way lower than Airtel now, then the price will have to rise to balance it out. This is to reflect the true value of the MTN stock and the company.

Same for ETH, BNB, XRP, WKD etc.

The reason why some coins will never get to $1 is because if it gets to $1 the M-cap will be higher than BTC M-cap, which is never going to happen.

Yes, tell that guy who wants to kill you with ads for one shitcoin going to $50...
It's never going to happen!!!
Whether it's Wakanda or Shiba or doge.

Once the price causes the M-cap to go beyond its ideal value, smart investors begin to take profit and cause hype for you to buy what they know it's over priced.

NOW

Find a gap. Find that firm or Crypto or asset is not worth what similar assets are with. Don't use the price use the market cap.
For Crypto, use the coinmarketcap.

Your success!
I'm Philip, I am a finance expert.

Who say e Wan walk with Sanwo olu

Mehn that woman face look like those heady stubborn women wey dey always chase clout.


But was it the physical condition of work and study that made the boy slim? Or the sexual harassment.


Was it the principal that drilled the child's ass?

BiggyB242:
I have read and watched videos of successful entrepreneurs who are billionaires and one thing most of them have in common, they didn't make it big in their first time in their entrepreneurial journey, they have several failed businesses before they finally hit the jackpot.

Someone sponsored the failures

itsme01:
Even Donald Trump all of them had rich dad....


Bill gate could afford personal computer when it was still expensive and when he was just a kid

Otedola son of Lagos governor

Adeleke son of politician

Folorunso Alakija daughter of Rich Politician

Elder Saraki son of rich Oyo and Mali trading family

Tinubu, son of Iyaloja General, Father been a colonial police , all uncles wealthy decendants of Tinubu dynasty

Even Buhari's father was a Village head and a rich trader before death, and his sister married wealthy Emir of ZauZaau making him access the Zaria palace for wealth and connection to attend best schools



.

Continues
Dangote and Dantata


Adenuga schooled in the UK


Iyin Aboyeji (Andela and flutterwave founder) is son of foursquare church GO and has been one of the wealthiest in the church before Now. Iyin studied in the US.


The list goes on

Truth is there is no self made any thing.
People helped you along the way

PARADIZEPRIEST:
HOW COME? HOW CAN HE BE FAKE AND WIN CASES IN COURT.SOMETHIN IS WRONG SOMEWHERE MAY BE HE READ LAW BUT DIDNT GO TO LAW SCHOOL. HE JUST A GENIUS TALENTED MAN IN LAW,THERE IS NOTHIN FAKE ABOUT HIM. JUST SENTENCE HIM TO LAW SCHOOL LET THEM GIVE HIM AWARD CERTIFICATE
CERTIFICATE IS NOT PERFORMANCE.THE MAN PERFORMED FOR 10YEARS.

But for the greed of the NBA people who feel he will be a competition to them that are not as smart not to need school

If he's doing well in court sessions, why don't we just allow people learn the law by themselves and practice. Why can't we democratize law if we democratize politics, governance, business, religion and even media.

What is the essence of school if he knows the law already?

I like the port har "court court" part

Men are heros.

Working to make something good for your family

Explorers:
Archaeologists excavating an underground tomb in Peru have uncovered a strange mummy preserved fully bound up in ropes, with its hands covering its face.

The remains of the individual, whose sex has not been identified, was found at the Cajamarquilla archaeological site, some 16 miles from the capital city of Lima.

According to the team, the mummy dates back 1,200 years and belonged to the pre-Inca civilisation that developed between the Peruvian coast and mountains.



https://www.dailymail.co.uk/sciencetech/article-10253673/Archaeology-Weird-mummy-Peruvian-tomb-tied-ROPES-hands-covering-face.html?ito=social-facebook

1200 years old rope still strong like this?

They had these ropes 1200 years ago?

Hmm

Dottore:
What is their offence just asking? Catholics carry all manner of statues up and down with long procession and incense burning and lots of paraphernalia in their altars. Same as white Garment churches

You no hear say na offence to do juju for criminal code?

Patrioticman007:
Hmm Audio Billionaires that cannot pay taxes on their 1800 jet planes aka private jet.
I am waiting for cankerous of worms to come out & call this Islamatization agenda, for making billionaire citizens pay taxes, while these billionaires continue to milk the masses dry.

Guy why are you so jealous and hateful of the rich... You will die poor

It's all a game plan.

They knew it was illegal from start. So they did it anyway, to buy time and stir controversy to drive public aggression towards an unfruitful course so they can carry out other evils subtly.

Evil... But genius

It's not oyinbo... They look like Mexicans

Australia has a history of human right violation

Blue3k:
Yes unlike like you clown. Cite the constitution if you disagree.

I don't think you have

Blue3k:
The constitution grants freedom of religion and expression clown. These laws aren't in the constitution. The constitution only has a sections about secret societies.

Have you read it

9jah:
She was allegedly intercepted with more than 900 AK-47 rifles in Northern Nigeria.

Even with all the religiousity and sharia, Fulani dominated Northern Nigeria continues being fertile ground for terrorism. Remember they don't take beer or drugs which, we are told, fuel crime

The religiousity is the fuel

Blue3k:
Lol I wrote about this years ago. The laws are unconstitutional and dumb. We should be happy there's so many idiots in Nigeria. Instead of investing in bullet proof vests they decided to buy charms like mumus.

https://www.nairaland.com/4241386/why-witchcraft-juju-charms-illegal

Unconstitutional?? You're literally saying the constitution is unconstitutional ... You well well well?

So after seeing that, na Aproko remain

How do you get writing gigs? You

jhubril:
NFTs and crypto-currencies are more than a hype. They are the new investment opportunities out there for those who are willing to make a fortune trading and investing. As a writer, I have come to realise that the demand curve for content writers in the new industry is on the high side. Do you know that you can earn as high as $300 weekly from writing for NFT projects? If you do the math , you will have 648,000NGN as the pay for a month's worth of NFT content. If this is your monthly income, you are definitely not a poor man.

However, you need to realise that payments are often in the preferred cryptos of the projects you are writing for and with that you are faced with an uncertain market value of what you earn. For instance, if you are writing for an NFT project that wants to launch its collection on the Cardano blockchain, you might be paid the equivalent of USD in ADA ( Cardano's currency). So, if you must earn in the decentralised world, you have no excuse shying away from learning everything about it.

Currently, I have a list of projects that are potential earning revenues but I will share just one for anyone who might find my post as an eye-opener. By the grace of God, I am the first content writer for SOLPUNKS-- one of Solana's largest crypto collectibles--and I earn $200 on a weekly basis. Here is the link to my debut article :
https://yruz.one/postr/solpunks-partners-with-solanas-first-virtual-NFT-fashion-brand

When Osinbajo was massively vote buying with our oil money in the name of trader moni this people dey sleep o.
Now Davido do charity this one wake up.

I can't find the man's hand on her shoulders

The management be jumping into conclusions like okete

This OP is talking nonsense and decided to sprinkle some sense here and there.

Blatantly, having money automatically makes you a big catch.

That's the simple fact

It's called MAKING

Okay, let me dey waka go