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EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others - Investment (4) - Nairaland

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Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by IboWolf: 9:04am On Apr 27, 2021
Everyone has a bad trade, that is life. If your advice is for people to not trade on crypto platforms or forex or stock exchange, by friend you should park.
You can advice on the pitfalls but you cannot say do not.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by qualityovenbake(m): 9:06am On Apr 27, 2021
KingsleyWabote:


I'm barely 2 years into forex, and I'm doing well.
Just get the right knowledge and apply proper risk/money management. Think in the long term and not in the short term, even if it may eventually turn out that your success comes earlier than expected

There's nothing like luck in forex, success in forex trading requires a lot of hard work and patience, else you'll be gambling with your money.

How many books have you read on forex trading?
How courses have you taken?
How many hours per day do you spend on the chart?
Do you even have a mentor?
Do you enjoy trading or you're just look for quick money?

The above questions determines who makes it or who fails in forex trading
I went for 3weeks course training in UI, then I was working in Enugu. I bought and read countless of forex books. I bought inverter for my laptop and fan. I After that I was on demo for 4months. I followed news on forex every 6am, studied the candle stick chart and the pattern thoroughly, know the right time to enter a trade. With all this knowledge you can't predict the market, it's volatile, you can loose all your investment within minutes.

You didn't answer my question, all what you just said is that you've been a trader for two years and that you are doing well. Just a screenshot of your returns. The moment you quoted me, I expected you to say this is what I have made or achieved in trading forex.

1 Like

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Bobxin: 9:06am On Apr 27, 2021
lekki1444:
i dont do what i am not in control off. there is a way to do sports betting where you will almost always win. past 6 months i have made 360,000 naira. not a lot of money but i do it for the fun of it.

360k in six months is a big deal.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by lekki1444: 9:09am On Apr 27, 2021
Bobxin:


360k in six months is a big deal.
well you know this is nairaland. there are some heavy hitters here who will say its tashere. so i try to appease everyone with the words i use. lol

2 Likes

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Revolva(m): 9:12am On Apr 27, 2021
This country is becoming a stupid place forever
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by rollandben(m): 9:16am On Apr 27, 2021
Online dating, they tagged us Yahoo,
MMM of that Year that was going smoothy, them spoil AM.
Now People intended were taking high risk of Legit business, they are still paving way to condem it... these People don't want us to grow...walai DEy don swear for this Nigeria
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by qualityovenbake(m): 9:19am On Apr 27, 2021
kellybently:


U sabi trade or them trade for U?
Yes I traded myself, didn't engage anyone neither I used robot to trade.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Olypm(m): 9:20am On Apr 27, 2021
Yea
I should buy treasury bills and earn
1 percent per decade
Who even made you guys investment advisors?
Cryptocurrency is the future and its one of the fastest ways one can make a fortune to start big stuff offline
But what do you guys know than chasing small boys with iphone and 15 year old benz
Idiot'ss
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by kellybently(m): 9:26am On Apr 27, 2021
qualityovenbake:
Yes I traded myself, didn't engage anyone neither I used robot to trade.
.
Go back to drawing table and look for good trading strategy
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Dliquidmetal(m): 9:26am On Apr 27, 2021
KingsleyWabote:


I'm barely 2 years into forex, and I'm doing well.
Just get the right knowledge and apply proper risk/money management. Think in the long term and not in the short term, even if it may eventually turn out that your success comes earlier than expected

There's nothing like luck in forex, success in forex trading requires a lot of hard work and patience, else you'll be gambling with your money.

How many books have you read on forex trading?
How courses have you taken?
How many hours per day do you spend on the chart?
Do you even have a mentor?
Do you enjoy trading or you're just look for quick money?

The above questions determines who makes it or who fails in forex trading
stop giving this ignorant people audience, its draining arguing with them.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by JosephineM: 9:28am On Apr 27, 2021
CRYPTOCURRENCY IS MY PRESIDENT!
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by SenecaTheYonger: 9:36am On Apr 27, 2021
Seniorwriter:
When did they @EFCC become financial analysts come advisers? SMH @how institutions fail in their duties but think they can act(advise) in other unrelated functions.
They should focus on their duties and leave advisory and economic evaluations to the appropriate bodies....Most of the richest people in the world are going Crypto...are they @EFCC more informed than those businessmen?
Anyways in another news if you have access to internet + PC / Phone and you ain't earning even $5 daily from Online then its your undoing.
For your financial sufficiency join REG(Residual Earnings Group)....
For details contact the facebook ID on my profile..

@Seniorwriter


They are arresting scammers that ask people to five them money to invest in Bitcoin, which is now on the rise. It’s best they inform people about this shiit.

Stupid nonsense like this is why Bitcoin or crypto will later be seen as a scam because normal people can’t research to save their lives
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Nobody: 9:37am On Apr 27, 2021
Akamariner:

I will give you a free email blasting software.

Okay
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Snowx: 9:39am On Apr 27, 2021
Fx is the worst....in terms of high risk...learnt my lessons in February 2021...I can never venture into Fx again...very high risk
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by slowice(m): 9:41am On Apr 27, 2021
Which unregulated high risk business pass bubu and apc government..... They are the sole reason more Nigerians are getting defrauded daily.

Nigerians ve become so poor that they re looking for alternatives to help their ever dwindling income in the face of hyper inflation and bad governance. Making them prone to fraud.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Seniorwriter(m): 9:42am On Apr 27, 2021
SenecaTheYonger:



They are arresting scammers that ask people to five them money to invest in Bitcoin, which is now on the rise. It’s best they inform people about this shiit.

Stupid nonsense like this is why Bitcoin or crypto will later be seen as a scam because normal people can’t research to save their lives

Alright...but they ought to state it out instead of labeling it as if crypto investment is bad..


@Seniorwriter
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Nobody: 9:43am On Apr 27, 2021
Seniorwriter:
When did they @EFCC become financial analysts come advisers? SMH @how institutions fail in their duties but think they can act(advise) in other unrelated functions.
They should focus on their duties and leave advisory and economic evaluations to the appropriate bodies....Most of the richest people in the world are going Crypto...are they @EFCC more informed than those businessmen?
Anyways in another news if you have access to internet + PC / Phone and you ain't earning even $5 daily from Online then its your undoing.
For your financial sufficiency join REG(Residual Earnings Group)....
For details contact the facebook ID on my profile..

@Seniorwriter
Mtcheew
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by OmoAkin85: 9:43am On Apr 27, 2021
Snowx:
Fx is the worst....in terms of high risk...learnt my lessons in February 2021...I can never venture into Fx again...very high risk
you will die poor lol

1 Like

Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by gaftsoil(m): 9:45am On Apr 27, 2021
I have a platform that pays 100,000 on an investment of N10000 within 2days. Chat me up
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Emmahenshaw: 9:47am On Apr 27, 2021
Inksnation has ran away a lot of money.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by jesmond3945: 9:48am On Apr 27, 2021
BadRadio:
I warned u already with this thread... but some were still arguing !!!


https://www.nairaland.com/6499980/what-dont-tell-forex
what do you have for them in this terrible damnable zoological republic?
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by jesmond3945: 9:50am On Apr 27, 2021
qualityovenbake:
A word is a enough for the wise. I learnt my own lesson in 2009 on forex trading.
go and sit down.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by jesmond3945: 9:50am On Apr 27, 2021
SenecaTheYonger:
How do people even feel comfortable giving other people their hard earned money to invest?

I will fvcking come to your house and live with you. I must see what you’re doing with my money.
go and learn about it. Everything is not buying and selling of land.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by jesmond3945: 9:51am On Apr 27, 2021
MikeMicheal:
Anyone in possession of bitcoin should be arrested.

THEY ARE ALL CRIMINALS
what of your leaders, what are they?
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by qualityovenbake(m): 9:58am On Apr 27, 2021
kellybently:
.
Go back to drawing table and look for good trading strategy
Mr good strategy what have your achievement since when you were trading forex. Please take a screenshot of your chart history and your returns. I bet you haven't made $200 on trading. Please blur your details and post it here for everyone to see.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by kellybently(m): 10:08am On Apr 27, 2021
qualityovenbake:
Mr good strategy what have your achievement since when you were trading forex. Please take a screenshot of your chart history and your returns. I bet you haven't made $200 on trading. Please blur your details and post it here for everyone to see.

If u want I ll send u a withdraw confirmation mail sent to me. Not once not twice.

https://m.facebook.com/Mykfx/?ref=bookmarks
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Nobody: 10:12am On Apr 27, 2021
We are massively under-educated in this country.
People can't differentiate between Crypto currency trading/Forex and Ponzi scheme, When Bitcoin corrected to less than 50k dollars, people were happy saying stuffs like " BTC na scam" but the fiat currency they use has become one of the worst currency ever...20 million naira can't buy 1 BTC undecided
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Nobody: 10:16am On Apr 27, 2021
SenecaTheYonger:



They are arresting scammers that ask people to five them money to invest in Bitcoin, which is now on the rise. It’s best they inform people about this shiit.

Stupid nonsense like this is why Bitcoin or crypto will later be seen as a scam because normal people can’t research to save their lives
Exactly, lots of people are brain dead in this country
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by Bluntemperor: 10:18am On Apr 27, 2021
Seniorwriter:
When did they @EFCC become financial analysts come advisers? SMH @how institutions fail in their duties but think they can act(advise) in other unrelated functions.
They should focus on their duties and leave advisory and economic evaluations to the appropriate bodies....Most of the richest people in the world are going Crypto...are they @EFCC more informed than those businessmen?
Anyways in another news if you have access to internet + PC / Phone and you ain't earning even $5 daily from Online then its your undoing.
For your financial sufficiency join REG(Residual Earnings Group)....
For details contact the facebook ID on my profile..

@Seniorwriter

I just wander how we go about genuine businesses in Nigeria.
All over the World, trading in Forex, including crystocurrency is a genuine business.It may not be perfect because of potential loss but that is it's nature.You can gain or make a loss but it should not be a focus attention for Efcc for so many manipulations are going on even in political arena.Why don't they go over betting then,afterall,it also have the nature of FX.
Re: EFCC Cautions Nigerians Against Bitcoin, Forex Trading, Others by obama30: 10:21am On Apr 27, 2021
BadRadio:


https://m.guardian.ng/news/efcc-cautions-nigerians-against-bitcoin-forex-trading-others/


Is EFCC a security unit or financial investment planner.

Doctor wey dey do like lawyer Na su-egbe

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