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The Scam In The Crypto World - Investment (10) - Nairaland

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Crypto World: Right Time To Invest In CRYPTO? / The Scam Called Daily Income Store/aim Global/alliance In Motion / Crypto World For Newbies, Start With Or Without Investment (2) (3) (4)

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Re: The Scam In The Crypto World by Workch: 8:01am On Jun 23, 2021
GeneralPula:


Crypto isn’t a scam..

You’re saying this year cuz the market value dropped..

What of the past years? What of when market value increased & people made profit?
crypto is a scam, look at the bigger picture.

1 Like

Re: The Scam In The Crypto World by Gokoyer0(m): 8:02am On Jun 23, 2021
Ready to hodl as long as possible. Right there bro and put money you can afford to lose in it.

We are doing well.
Slynation:

Yea bro....we go buy the dip!!
When e pump we sale, even if it takes 5years, we will wait for a new ATH

1 Like

Re: The Scam In The Crypto World by Renforce: 8:04am On Jun 23, 2021
Sabadon:
Cryptocurrency is too volatile for my liking

It must end in premium tears

1 Like

Re: The Scam In The Crypto World by Xj2020: 8:05am On Jun 23, 2021
Download coingecko app
dfrost:


There's always a white paper for every product. You need to dig deeper and get it. The white paper will reveal a lot about the seriousness of a product, innovation et al.
Re: The Scam In The Crypto World by Segzy19: 8:06am On Jun 23, 2021
Wa sere.. Ma God bless the works of our hands ni
SimplyFacts:
Insightful,,, though Crypto is not for me. I have so much trust in the works of my hands.

1 Like

Re: The Scam In The Crypto World by gcof(m): 8:10am On Jun 23, 2021
Ahmed4002:
Do yourself a favour and watch a short Netflix series called "MONEY EXPLAINED" it's covers everything you need to know about investment and scam by institutions.

Trust me after watching it. Any investment, if you are not in control of it. You would never ever invest for your life.
the key word “if you are not in control of it”
Re: The Scam In The Crypto World by omoluka: 8:19am On Jun 23, 2021
Workch:
Your reasoning is myopic and selfcentered. Any dime you make on crypto is at another person’s loss.

If you look at crypto from a holistic point of view, it’s generally a scam of robbing Peter to Paul.
You entitled to whatever opinion you hold
Re: The Scam In The Crypto World by pacespot(m): 8:27am On Jun 23, 2021
kennethfranc:
Despite the ban,I still buy, sell and make some profit from luno ...any other thing nah una sabi

What scares me about luno is their exchange rate from Naira to dollar, for instance, their stable coin USDC which is equivalent to 1 dollar costs about 1300 Naira. How do you trade on luno to avoid this exploitative rate of buying crypto with naira?

The ripple XRP which costs about $0.58 per coin is about N800, something that should be less than N300
Re: The Scam In The Crypto World by Unclesamo(m): 8:28am On Jun 23, 2021
MessiahMARLIANS:


I got to know about "SHITTY COINS" this year, and I was Amazed at how much many people have been COMFORTABLE with PARTING AWAY with Their Money RIDICULOUSLY without PROPERLY UNDERSTANDING The Intricasies of What They are getting into.


It's actually a Surprise that Many people PART AWAY Their Money on SHITTY COINS. However, this is one of The Power of The INTERNET.

The Rampant Spread of INFORMTATION and OPPORTUNITIES - no matter how INGENUINE, RETARDED, UNSAFE They are; People must CLINGED To them.



You could refer to The Concept of SHITTY COINS as one of The Many BEAUTIFUL NONSENSE That Cryptocurrencies will Produce. Ofcourse, there would be more SHITTY INNOVATIONS.

However; this will not make UTILITY CRYPTOCURRENCIES become Scam.

As a Cryptocurrency-God Who've created Three (3) Cryptoturrencies and Owning Two (2) of Them on The Ethereum Blockchain; I can say it is the Fault of Many People that They have REFUSED To FINANCIALLY EDUCATE THEMSELVES before They Venture into Things.

People are Constantly Deliberately choosing to IGNORE FINANCIAL EDUCATION and Are Not READY to LEARN From The Scratch and Fully Understand The Basic Concepts of ANYTHING.

They just always want to JUMP into ANYTHING That They HEAR or SEE.

They Forget that There's A JUDAS for Every JESUS and An ISCARIOT for Every CHRIST.

They Forget that There will Always Be SCAMMY And SHADY INNOVATIONS Around Every CREDIBLE OPPORTUNITIES and INVENTIONS created in LIFE.



The INTERNET was created for Us to INTER-NETWORK; That is - It was created for Us to INTERNATIONALLY NETWORK.


Now, to a large extent; We can all Enrich and Empower Ourselves Rightly if We INTER-NETWORK Genuinely with each other.

However; Many So called "Yahoo Yahoo" Boys have Polluted Almost All The Entire INTE-NETWORKING Space with Their HIGH LEVEL of CORRUPTION Online.


Alot of Atrocities have been committed ONLINE Making The INTERNET a very SCARY PLACE for People to CONNECT and INTER-NETWORK Optimally.



We need to start Creating Solutions for The Entire Internet Space.


The shady deals that go on online is KILLING DIGITAL ENTREPRENEURSHIP in Afrika particularly Nigeria.


And THE BIGGEST SOLUTION, THE RIGHT SOLUTION, THE BEST SOLUTION To Create That will Cover ALL The Niches on The INTERNET with CRYPTOCURRENCIES inclusive is to Begin A FREE DIGITAL SENSITIZATION CAMPAIGN That will:

E - Educate,

E - Enlighten,

E - Expose,

E - Engage,

E - Empower Those who will be INTERESTED in Achieving Their FINANCIAL FITNESS by Personally Deliberating Themselves to be EDUCATED.



We cannot Stop Cryptocurrencies in This Digital World of Today.

It is above Every Man-made Government of The World because it is an INTELLECTUAL PROPERTY that Superceeds Their WORSHIP OF PHYSICAL MONEY INVENTION.



I'll create a thread which I'll dedicate to EDUCATING People on Cryptocurrencies.


I'll make it A QUESTION And ANSWER Thread where Anyone can ask any Question so that I'll be faced with RESPONDING To RELEVANT Questions.





Best Regards.



~ MESSIAH. ONI, Ayodeji AnthonYeshua










PS:

The Display Pictures below represents The 2 Cryptocurrencies which I personally Developed on The Ethereum Blockchain. Both Cryptocurrencies are UTILITY COINS and They are Not SHITTY COINS.

I Developed Them Last Year and I am yet to Launch Them as I've Been Practically Working on The USAGES of Both Cryptocurrencies.

As You would Notice: The Name of Both Coins are called: NairaMarley Coin (NMC) and POVERTY ALLEVIATION COIN (PAC).

The Purposes of Both Cryptocurrencies are Encrypted on The Display of Both of Them Respectively.
.
This is wrong in all shades... That is if this coin will be on for a long time. copyright inf.
which one is nairamerly again.
you wr not prospecting the future wen U came up with these coins..


..
Obviously another shitty coin that will fade away in few days of launching

Nairamerly bi ti bawo

2 Likes

Re: The Scam In The Crypto World by OYENIYIJK: 8:33am On Jun 23, 2021
I have been on Nairaland since when I was 15 or 16 years and I can say that, most comments on front page sometimes are stupid. They know nothing.

They book space to talk rubbish..

How could you say FEG is a scam ?

Lwtf!!!

Someone said he deals with FA coins and still called FEG a scam, NGMI grin
Re: The Scam In The Crypto World by Owologbo(m): 8:38am On Jun 23, 2021
Toks2008:


Just google it.

There is this PI coin that you can mine for free. I already have over 1000PI. By this year ending it will go official and just like Bitcoin that was worth zero value when it was launched, i believe PI will gain serious value in years to come.

Cryptocurrency is the future. Just be smart and patient.
Thanks chief. I appreciate.
Re: The Scam In The Crypto World by dayjoy: 8:47am On Jun 23, 2021
Ahmed4002:
Do yourself a favour and watch a short Netflix series called "MONEY EXPLAINED" it's covers everything you need to know about investment and scam by institutions.

Trust me after watching it. Any investment, if you are not in control of it. You would never ever invest for your life.
pls how can I download it
Re: The Scam In The Crypto World by nelsonebby(m): 9:07am On Jun 23, 2021
Buzx:


I was impressed until I saw Luno.
Bruh lol
Re: The Scam In The Crypto World by timsucess(m): 9:12am On Jun 23, 2021
SportsHD:
True. Mention Mr zuga of zuga coin.


You don't know how to trade. I bet you entered crypto to make quick money.
Please can you teach me this crypto
Re: The Scam In The Crypto World by Nobody: 9:16am On Jun 23, 2021
kennethfranc:
Despite the ban,I still buy, sell and make some profit from luno ...any other thing nah una sabi

I heard that withdrawals in luno is very frustrating
Re: The Scam In The Crypto World by spanzed(m): 9:24am On Jun 23, 2021
na2016:


In past years you said? I remember in 2017 what happened to cryptos. I remember other periods too where they have been a crash too.
What I am saying is, a person can stay in one room somewhere in the USA and manipulate this market and make so much money from another set of people in Africa and Asia. Do you know how much people have lost in Shiba Inu coin, for instance?
what happened with Shiba?
Re: The Scam In The Crypto World by Ahmed4002(m): 9:26am On Jun 23, 2021
Re: The Scam In The Crypto World by Ahmed4002(m): 9:27am On Jun 23, 2021
Re: The Scam In The Crypto World by Princewill1(m): 9:29am On Jun 23, 2021
I have been warning people repeatedly here on NL that crypto-currency is one big scam. It doesn't have intrinsic value. Yet people ain't listening.

Watch this videos:


https://www.youtube.com/watch?v=4ByO8ym-iF8


https://www.youtube.com/watch?v=brABoguf7uc
Re: The Scam In The Crypto World by dederocs(m): 9:37am On Jun 23, 2021
Crypto, only the guys at the top gain, if you know you know...wise heads always eat.

1 Like

Re: The Scam In The Crypto World by Hassanmaye(m): 9:45am On Jun 23, 2021
drizslim:
It is a scam actually I don't want to remember how my 50k turned to 19k & I kept wondering cry
But when it rises can the 19k rises to 100k assuming, I taught when you lose money when it rises again you make some profit despite the loss
Re: The Scam In The Crypto World by omojeesu(m): 9:47am On Jun 23, 2021
Spread your investments.

Do multilevel network marketing, affiliate marketing, crowdfunding, forex trading, cryptocurrency, have a farm, get out of the city (not impossible), etc

Don't put all your eggs in one basket!

1 Like

Re: The Scam In The Crypto World by Hassanmaye(m): 9:47am On Jun 23, 2021
money121:
If you can't hodl and take ur profit don't do crypto
I want to understand something abeg assuming I invest 500k and it swindles to 150k when the price rocketed do you think It may rise to 600k
Re: The Scam In The Crypto World by macjireh: 9:48am On Jun 23, 2021
HenryDion:


The way I'm looking at you, you'll die in poverty.. Your mentality is too poor!!! Holy Spirit indeed!

u DAT is living in 'richverty',,if I ask u to do giveaway now,,u will disappear like ghost cheesy
Re: The Scam In The Crypto World by na2016: 9:51am On Jun 23, 2021
spanzed:
what happened with Shiba?

Go and read about it.
Re: The Scam In The Crypto World by Powersurge: 9:53am On Jun 23, 2021
Re: The Scam In The Crypto World by justli: 10:05am On Jun 23, 2021
Problem is people enter the crypto space for the allures of quick gain and fast riches, we all did, and we all got rekt. Most quitted. But gradually you need to study the market and understand its flows (ups and downs)

One thing is constant in crypto: blockchains' projection, on the long run is upwards and the same holds for projects with strong fundamentals.

So, an educated investor would first seek to understand the validity of the project, the investors and institutions backing it, and its real world use cases.

Once you have this figured out, buy in at the right time. This is easier said than done. Most people buy when it's all green and everyone is happy. But at that point, earlier investors are gearing up for profit taking. And they must.

Buy in at the right time, especially in a down market. Go to sleep and come back when the market is bullish. If for whatever reason you check on your investment in a bear market, it should be because you're greedy and want to buy more.
When the bull returns, and the ignorant public are coming in with the wave, take your profit and lambo.
Re: The Scam In The Crypto World by money121(m): 10:06am On Jun 23, 2021
Hassanmaye:

I want to understand something abeg assuming I invest 500k and it swindles to 150k when the price rocketed do you think It may rise to 600k
It may raise to 1m sef.. if u can hodl
Do u know bitcoin was 1$ b4 so if someone bought at that rate then and btc now 32k$ and sold now
Guess how much the person hodl crypto not for kids
If body no full no do crypto..

2 Likes

Re: The Scam In The Crypto World by Yankee101: 10:06am On Jun 23, 2021
Lol

I pity anyone putting their life savings into crypto

The last 30days has been terrible for crypto holders

Buy stock. It's a piece of something. Buy crypto and you hold a piece on nothing. It's the biggest MMM, scam, yahoo, 419 on earth
Re: The Scam In The Crypto World by olatwo(m): 10:12am On Jun 23, 2021
this poster is me grin

SimplyFacts:
Insightful,,, though Crypto is not for me. I have so much trust in the works of my hands.

1 Like

Re: The Scam In The Crypto World by justli: 10:13am On Jun 23, 2021
Hassanmaye:

I want to understand something abeg assuming I invest 500k and it swindles to 150k when the price rocketed do you think It may rise to 600k

Usually, during a bull market most good projects reach their all time high and surpass them by a lot, then people will naturally take profit. Unless if you buy into an over inflated project, then if it's a good project, it might take years for the price to rally back to its ath.

1 Like 1 Share

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