AngelicBeing:
Gbam, gbamer, gbamest, the witchcraft powers that bewitched the guy is 6000 years old, wetin person no go read for nairaland.com

I dey tell you.

Sanchez01:

They can't pull the plug. They would rather tax it and profit from it.

The crackdown in China is because of money laundering while that of Nigeria was as a result of the #EndSARS protest of last year.

The UK, US and the EU are already working around taxing crypto-currencies.

The US already taxes crypto. Anything that threatens the stability of the dollar is not a long term investment. Trust me.

What people don't know is that this downward trend has made some people millionaires already.

You only need to subjects yourself to learning and acquire the required knowledge in the crypto world

Yankee101:


Cryptos have no fundamentals. They lack underlying value. So all the hype you see as technical analysis or fundamentals are just nonsense that can be undone with just one tweet or statement.

That tweet or statement is what is called the fundamental.
Cryptocurrency though highly volatile but it still follows analysis.
Why is crypto bleeding now? Fundamental (China and Elon)

Pele

Invest in a business or someone else's business. Crypto is like BetNaija.

Failure44:
Damn Elon musk and china for almost sending me to my early grave.

Left sports betting addiction to crypto and it's the same result but this time I really got hit hard especially since I put majority of my savings in it.

I'm resuming school as a fresher next week and I don't know how am gonna survive with the last money I have.

Do i invest the little i have in crypto with the Hope's it goes back up
Advice needed am badly hurt and confused

Don't invest what you can't afford to lose.

Op , may be you ventured into what you don't know, crypto is for investors with big heart. Pls learn it properly you won't regret it but I'll advice you not to go close to bitcoin but rather follow polymatic coin, it will be feeding you every day cause the volatility is trackable.

ygowon:
My friend, invest your money on yourself by learning a handwork that will remain with you anywhere and will be fetching you money steadily. Gambling is deadly. Crypto is for the rich with money to spare. Know the truth and you shall be free. You can't predict Cryptos.

My thoughts as well. All the guys I know involved in crypto have slush funds elsewhere. They only invest money that they can afford to lose.
However, the hardship in Nigeria has ensured the youths throw all their savings into crypto.

KingsleyWabote:


Between now and August 2021, Bitcoin will be trading below $3500. I've done my personal analysis with the daily, weekly and monthly charts. Mehn! The coming months are gonna be hell.

Don't just take my words for it. Just keep on investing/continue to buy the deep till around August. An August visitor is on the way

Buy the dip and see the deep digging deeper

I don't invest in crypto for a good reason. I invest in stocks, stock indices and forex, but not crypto. Crypto has no intrinsic value!

Tell me, what's the yardstick for determining the value of cryptocurrencies? Unlike stocks and forex (don't even compare crypto to stocks/forex), you just keep your (fake) digital money somewhere, hoping for your account to swell up. And that's why it's easy for even an individual like Elon Musk to manipulate the market.

Confirm red blood will continue to flow guys

Warren Buffett, one time world's richest man warned you guys, you took him for an idiot and a total ignoramus. Una never see sumchin.

As usual, you didn't make sense. You never made sense in politics section, I thought you'd have finance sense but it's still zero. No wonder you're living for 30k/month BMC money.

Failure44:
Damn Elon musk and china for almost sending me to my early grave.

Left sports betting addiction to crypto and it's the same result but this time I really got hit hard especially since I put majority of my savings in it.

I'm resuming school as a fresher next week and I don't know how am gonna survive with the last money I have.

Do i invest the little i have in crypto with the Hope's it goes back up
Advice needed am badly hurt and confused

Trash ,did anyone force u to enter crypto?

It'll go back up

Forex trading is so profitable if you know. There's level to this shit. Dunno why people will just leave their money in crypto hoping for it to rise and when it rise still dey won't sell.
If I tell u I make $30 everyday from trading you won't believe me. Shine ur eyes

Crypto is not something you invest in with your schools fees. It is a very volatile business so it’s advisable you only invest your savings.

KingsleyWabote:


Between now and August 2021, Bitcoin will be trading below $3500. I've done my personal analysis with the daily, weekly and monthly charts. Mehn! The coming months are gonna be hell.

Don't just take my words for it. Just keep on investing/continue to buy the deep till around August. An August visitor is on the way

Buy the dip and see the deep digging deeper

I don't invest in crypto for a good reason. I invest in stocks, stock indices and forex, but not crypto. Crypto has no intrinsic value!

Tell me, what's the yardstick for determining the value of cryptocurrencies? Unlike stocks and forex (don't even compare crypto to stocks/forex), you just keep your (fake) digital money somewhere, hoping for your account to swell up. And that's why it's easy for even an individual like Elon Musk to manipulate the market.

Confirm red blood will continue to flow guys

Warren Buffett, one time world's richest man warned you guys, you took him for an idiot and a total ignoramus. Una never see sumchin.

This is the dumbest take I've seen this year

KingsleyWabote:


Between now and August 2021, Bitcoin will be trading below $3500. I've done my personal analysis with the daily, weekly and monthly charts. Mehn! The coming months are gonna be hell.

Don't just take my words for it. Just keep on investing/continue to buy the deep till around August. An August visitor is on the way

Buy the dip and see the deep digging deeper

I don't invest in crypto for a good reason. I invest in stocks, stock indices and forex, but not crypto. Crypto has no intrinsic value!

Tell me, what's the yardstick for determining the value of cryptocurrencies? Unlike stocks and forex (don't even compare crypto to stocks/forex), you just keep your (fake) digital money somewhere, hoping for your account to swell up. And that's why it's easy for even an individual like Elon Musk to manipulate the market.

Confirm red blood will continue to flow guys

Warren Buffett, one time world's richest man warned you guys, you took him for an idiot and a total ignoramus. Una never see sumchin.

BRO THE BASTARDS EVEN CARRY THEIR CRYPTO NONSENSE ENETR STOCKS.


WE HAD CRYPTO STOCKS.


OMO, THEY RISE SO FAST AND CAME DOWN LIKE A TON OF BRICKS.


E NO GO BETTER FOR ELON MUSK.

Look at this boy

A lot of crypto illiterates spilling trash.

One was saying crypto is manipulable and stocks and forex are not. Why did the sub-reddit group put up a fight against Wall Street with Gamestop if not for their manipulative tendencies on stocks? Even with forex, if you lose, you lose it all, unlike crypto- there is still a basketful of hope. Besides, with crypto, decentralisation is the main objective. Can you say the same for stocks and forex?

I can't hear you. Speak up! Did you say no. Yeah, I thought as much. How hard it was for you to admit that.

Talking about Warren Buffet, the man is yet to understand crypto, which is why he is critical about it. Michael Saylor said the same thing in 2013, but currently, MicroStrategy (Saylor's company) has about 110000 Bitcoin amounting to $75million if my memory serves me right. You should also mention Sam Bank-Friedman (Alameda) and a host of other crypto adherents who are making giant strides (innovations) in both the crypto and Defi space. You can also mention Elon Musk reluctantly. You can also talk about NFTs and see whether your dirty opinion about crypto still stands.

Most persons speaking trash here are trying to create FUD (Fear, Doubt and Uncertainty) and make people sell off their hodlings.

As an advice, don't sell off. This dip is just for a while albeit not yet over. Just looking for any of your coins that the loss is not too steep on or one that you broke even on and sell half since your school needs are urgent. Next time, don't invest money that you may need sooner.

By the way, Op, how did you gain admission into school if your moniker is Failure44? You should change your name if you want to graduate.

Prodigy777:
A lot of crypto illiterates spilling trash.

One was saying crypto is manipulable and stocks and forex are not. Why did the sub-reddit group put up a fight against Wall Street with Gamestop if not for their manipulative tendencies on stocks? Even with forex, if you lose, you lose it all, unlike crypto- there is still a basketful of hope. Besides, with crypto, decentralisation is the main objective. Can you say the same for stocks and forex?

I can't hear you. Speak up! Did you say no. Yeah, I thought as much. How hard it was for you to admit that.

Talking about Warren Buffet, the man is yet to understand crypto, which is why he is critical about it. Michael Saylor said the same thing in 2013, but currently, MicroStrategy (Saylor's company) has about 110000 Bitcoin amounting to $75million if my memory serves me right. You should also mention Sam Bank-Friedman (Alameda) and a host of other crypto adherents who are making giant strides (innovations) in both the crypto and Defi space. You can also mention Elon Musk reluctantly. You can also talk about NFTs and see whether your dirty opinion about crypto still stands.

Most persons speaking trash here are trying to create FUD (Fear, Doubt and Uncertainty) and make people sell off their hodlings.

As an advice, don't sell off. This dip is just for a while albeit not yet over. Just looking for any of your coins that the loss is not too steep on or one that you broke even on and sell half since your school needs are urgent. Next time, don't invest money that you may need sooner.

By the way, Op, how did you gain admission into school if your moniker is Failure44? You should change your name if you want to graduate.

CRYPTO IS THE SAMETHING BUT U NEED TO KNOW WHEN TO WITHDRAW YOUR MONEY.


U EITHER WITHDRAW OR LOSE IT.

But rules of money:
Rule 1= Don’t lose money
Rule 2= Never lose money
Rule 3= Don’t lose money
I personally can’t afford to lose any money!


But to be honest with you, this is the time to invest. Once I have cash, I'm buying some Shiba Inu coins and xrp...

Only invest monies you can afford to lose, even in gambling, use such amount you can comfortably let go.
As for your addiction, that's a topic for another day.[/quote]

I invested 10,000 naira into crypto early last year.

I wanted to use the money for flexing, but I just used it to buy crypto instead.

I have gotten nearly 100,000 naira in returns.

But I am never investing any serious money.
Only peanuts.

You are a fool who simply doesn't know how to manage risk, investment isn't a get rich quick scheme. Some of the crypto millionaires only got money after 5 or even 10 years so stop being a greedy idiot.

Ekpekus:

That tweet or statement is what is called the fundamental.
Cryptocurrency though highly volatile but it still follows analysis.
Why is crypto bleeding now? Fundamental (China and Elon)

A tweet is not a fundamental analysis. Can it form an aspect of it? Yes. Can it by itself be one? Absolutely not. That's why you know you're in a pyramid scheme

Fundamental analysis involves looking at any data which is expected to impact the price or perceived value of a stock. Some of the fundamentals of stocks include cash flow, return on assets, and conservative gearing.

Cryptocurrency may well be the future.

But it will have to change form. Government will have to come in to issue it. Government will not support anything it cannot adequately monitor. That's actually not good for the economy.

Cryptocurrency has anonymity too that government doesn't like. Money laundering and illicit money thrives in such environment.

I can only invest 5% or less of my wealth in cryptocurrency in its present form.

Yankee101:
Buy stocks not crypto

Fast money goes fast

There's no underlying value in crypto currency

Gold and silver have physical uses, crypto has none

Go for long term returns not MMM style cos crypto is basically a pyramid scheme

Says who?

KingsleyWabote:


Between now and August 2021, Bitcoin will be trading below $3500. I've done my personal analysis with the daily, weekly and monthly charts. Mehn! The coming months are gonna be hell.

Don't just take my words for it. Just keep on investing/continue to buy the deep till around August. An August visitor is on the way

Buy the dip and see the deep digging deeper

I don't invest in crypto for a good reason. I invest in stocks, stock indices and forex, but not crypto. Crypto has no intrinsic value!

Tell me, what's the yardstick for determining the value of cryptocurrencies? Unlike stocks and forex (don't even compare crypto to stocks/forex), you just keep your (fake) digital money somewhere, hoping for your account to swell up. And that's why it's easy for even an individual like Elon Musk to manipulate the market.

Confirm red blood will continue to flow guys

Warren Buffett, one time world's richest man warned you guys, you took him for an idiot and a total ignoramus. Una never see sumchin.

make nna show me way nah

KingsleyWabote:


Between now and August 2021, Bitcoin will be trading below $3500. I've done my personal analysis with the daily, weekly and monthly charts. Mehn! The coming months are gonna be hell.

Don't just take my words for it. Just keep on investing/continue to buy the deep till around August. An August visitor is on the way

Buy the dip and see the deep digging deeper

I don't invest in crypto for a good reason. I invest in stocks, stock indices and forex, but not crypto. Crypto has no intrinsic value!

Tell me, what's the yardstick for determining the value of cryptocurrencies? Unlike stocks and forex (don't even compare crypto to stocks/forex), you just keep your (fake) digital money somewhere, hoping for your account to swell up. And that's why it's easy for even an individual like Elon Musk to manipulate the market.

Confirm red blood will continue to flow guys

Warren Buffett, one time world's richest man warned you guys, you took him for an idiot and a total ignoramus. Una never see sumchin.

Oshey! Chart analyzer! Una no go kee me for this streets

Use the little u have for urself leave the coin don’t sell at loss.... leave it for long term u will better gain... as a graduate I don’t have any job except this crypto and buying and sell btc.... bro that’s the best the that has every happen to me... u just have to study well and don’t invest d money u will need urgently soon... from this crypto money I have do diff physical business and is going well.... just use ur sense

Me when I woke up 5 days ago to check my crypto balance

Some idiots will be comparing crypto of about a decade old with forex that is over 200 years old.Are you mad? I repeat, if you are not ready to lose 120% of your money, dont do crypto.

PS: Mayb some people dont know some asset canvanish over night. Its an unregulated market. If you like hold one billion of the coin, you wont get $1. It has happened before, it wil still happen

Buy the DIP

We warned u guys.

An online currency with no real value is more valuable than currencies of countries that are rich enough to send rockets to other planets, with billions of dollars of oil and gas deposits.

Explain how, what's the economic activity that leads to the rise and fall of cryptocurrency nobody can answer, apart from speculative buying