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Crypto Currency Investors Thread - Investment (1341) - Nairaland

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Re: Crypto Currency Investors Thread by DieRich5: 11:25am On Sep 17, 2021
ityP:



Wahala dey naija be that
it will affect alot of things here

1 Like

Re: Crypto Currency Investors Thread by Ruben225571(m): 11:25am On Sep 17, 2021
DieRich5:
So $1 will be 600 soon cheesy
Naira cry



Omo”last night, 1$ was 570 naira ooo
Now 572! Nawaooh!!

Thank God” I don’t keep cash in banks anymore!
Thank God for p2p!

The last dollars I bought was at the rate of 528 naira! Now is 572!


If I chose to sell back now. Almost 15k profits
Hmmm
May God help us!


Buhari really fail us sad cry cry

1 Like

Re: Crypto Currency Investors Thread by ityP(m): 11:26am On Sep 17, 2021
DieRich5:
it will affect alot of things here


Aswear
Re: Crypto Currency Investors Thread by nna777: 11:26am On Sep 17, 2021
Zobah:
And may never come back up again just like wink
.

It will. The drop is as a result of the issues they are having with their blockchain. Once it's settled, it will gain traction again. Same thing happened with ethy few weeks back when they had a bug on their blockchain. It stayed for weeks @3200. Once it was resolved, it shot to 3k8 before 4k.

4 Likes

Re: Crypto Currency Investors Thread by DieRich5: 11:36am On Sep 17, 2021
Ruben225571:



Omo”last night, 1$ was 570 naira ooo
Now 572! Nawaooh!!

Thank God” I don’t keep cash in banks anymore!
Thank God for p2p!

The last dollars I bought was at the rate of 528 naira! Now is 572!


If I chose to sell back now. Almost 15k profits
Hmmm
May God help us!


Buhari really falling us sad cry cry
90% of my money Dy busd ND dollars acct grin
It will still go up, I'm thinking like 700 b4 Xmas...... normal naira Dy always fall Xmas season

1 Like

Re: Crypto Currency Investors Thread by DieRich5: 11:39am On Sep 17, 2021
I still never understand which kind coin ku ex Dy list undecided
6000% shocked

Re: Crypto Currency Investors Thread by Ruben225571(m): 11:40am On Sep 17, 2021
DieRich5:
90% of my money Dy busd ND dollars acct grin
It will still go up, I'm thinking like 700 b4 Xmas...... normal naira Dy always fall Xmas season



Yes
The way things are going” is very possible 1$ May hit 1000 naira before Christmas time self!

Don’t be surprised if by month end naira hit 700 per 1$ grin

Buhari really fail Nigerians! cry cry

1 Like

Re: Crypto Currency Investors Thread by DieRich5: 11:42am On Sep 17, 2021
Dis week na just dip, where btc Dy go angry

2 Likes

Re: Crypto Currency Investors Thread by Mrsukpan(f): 11:43am On Sep 17, 2021
Please I want to learn before investing, how and where should I go to.

1 Like

Re: Crypto Currency Investors Thread by DieRich5: 11:48am On Sep 17, 2021
Ruben225571:



Yes
The way things are going” is very possible 1$ May hit 1000 naira before Christmas time self!

Don’t be surprised by month end of naira hit 700 per 1$ grin

Buhari really fail Nigerians! cry cry



Nigeria useless jor......if na some countries buhari for don step down angry

My Xmas money don Dy dip cry
Re: Crypto Currency Investors Thread by Ruben225571(m): 11:56am On Sep 17, 2021
DieRich5:
Nigeria useless jor......if na some countries buhari for don step down angry

My Xmas money don Dy dip cry



Honestly!!
Buhari for don step down since !!
And 2023 far for me eh

1 Like

Re: Crypto Currency Investors Thread by Lexusgs430: 12:01pm On Sep 17, 2021
Ruben225571:



Yes
The way things are going” is very possible 1$ May hit 1000 naira before Christmas time self!

Don’t be surprised if by month end naira hit 700 per 1$ grin

Buhari really fail Nigerians! cry cry




£1 go enter ₦1000.00 b dat........ wink
Re: Crypto Currency Investors Thread by Jameselias: 12:05pm On Sep 17, 2021
nna777:
.

It will. The drop is as a result of the issues they are having with their blockchain. Once it's settled, it will gain traction again. Same thing happened with ethy few weeks back when they had a bug on their blockchain. It stayed for weeks @3200. Once it was resolved, it shot to 3k8 before 4k.


Define decentralization? That of ether did any body shot the network down?
Re: Crypto Currency Investors Thread by Ewizard(m): 12:16pm On Sep 17, 2021
DieRich5:
Dis week na just dip, where btc Dy go angry

Re: Crypto Currency Investors Thread by Ibime(m): 12:22pm On Sep 17, 2021
SOL areas of support are $130 and $85

2 Likes

Re: Crypto Currency Investors Thread by Tamel(m): 12:27pm On Sep 17, 2021
Na wa , even if na just usdt You take naira buy as at this time last year , you for don almost double your initial capital.....naija

4 Likes

Re: Crypto Currency Investors Thread by 9japple(m): 12:45pm On Sep 17, 2021
Tamel:
Na wa , even if na just usdt You take naira buy as at this time last year , you for don almost double your initial capital.....naija


True...I funded my forex account with 1000usd at 421naira/doll. If i didn't trade and just left the money there....it would have grown by 30% by now. I tell ppl even if you don't want to do crypto, just buy usdt or busd or usdc and watch...your country's inflation is like a bullish run for your money...

10 Likes

Re: Crypto Currency Investors Thread by Timekeeper: 12:52pm On Sep 17, 2021
Jameselias:


Define decentralization? That of ether did any body shot the network down?
Bros enough and go rest...

Any coin that goes up will surely come down.. It is not new Dt solana came down..
Stop making it a big deal..

Even betece came down from 62 to 28...so what the big deal from 216 to 130 or so..


Una Don dey form analyst again

5 Likes 1 Share

Re: Crypto Currency Investors Thread by Timekeeper: 12:58pm On Sep 17, 2021
My 4 targeted coins to buy & hodl

Avalanche
Algorand
Hbar (hedera)
Atom (cosmos)

3 Likes

Re: Crypto Currency Investors Thread by Ruben225571(m): 1:01pm On Sep 17, 2021
Lexusgs430:


£1 go enter ₦1000.00 b dat........ wink



Naira was 572 at my first post

Now is 573-574 Naira to 1$
So by month end if care isn’t taken. 700 Naira per 1$ cry cry

1 Like

Re: Crypto Currency Investors Thread by Elsueno: 1:05pm On Sep 17, 2021
Even the dollar itself is facing eminent devaluation dis year......so why don't u just buy gold grin

2 Likes

Re: Crypto Currency Investors Thread by Beansrice(m): 1:10pm On Sep 17, 2021
Please can I trade on Binance without verifying
Kyc.
Re: Crypto Currency Investors Thread by petux(m): 1:21pm On Sep 17, 2021
Beansrice:
Please can I trade on Binance without verifying
Kyc.
No.
Re: Crypto Currency Investors Thread by Mazinewmoney: 1:23pm On Sep 17, 2021
Guys I just redeemed my shi.b from where I locked it for 30 days and since then it has been redeeming though it's not up-to the duration I locked it. It's taking time before it drops in spot. Why it is so. I'm trying to redeem it so that I can sell and then buy back when it's low
Re: Crypto Currency Investors Thread by Lexusgs430: 1:28pm On Sep 17, 2021
Elsueno:
Even the dollar itself is facing eminent devaluation dis year......so why don't u just buy gold grin


XAU too is dipping........ cheesy

2 Likes

Re: Crypto Currency Investors Thread by typicalgamer(m): 1:31pm On Sep 17, 2021
Ruben225571:



Naira was 572 at my first post

Now is 573-574 Naira to 1$
So by month end if care isn’t taken. 700 Naira per 1$ cry cry

Once e Enter 700 I they switch 1 million go p2p sharps take tidy December
Re: Crypto Currency Investors Thread by Tamel(m): 1:41pm On Sep 17, 2021
typicalgamer:


Once e Enter 700 I they switch 1 million go p2p sharps take tidy December

You can as well just buy usdt now

1 Like

Re: Crypto Currency Investors Thread by Tolu181: 1:54pm On Sep 17, 2021
Mazinewmoney:
Guys I just redeemed my shi.b from where I locked it for 30 days and since then it has been redeeming though it's not up-to the duration I locked it. It's taking time before it drops in spot. Why it is so. I'm trying to redeem it so that I can sell and then buy back when it's low
it will take 2days to be redeemed


Bear in mind they will deduct all the free shiba they gave you when it was staked cause you didn't reach the end of the agreement.

4 Likes

Re: Crypto Currency Investors Thread by SUPERPACK: 2:02pm On Sep 17, 2021
Even if $1 reaches #1000 each you will still make no profit because dollar exchange is linked to inflation, let me give an example. Last year March I was earning $40 per week via my freelance hustle at #380/$ and a paint rubber of garri in my state was #250 - 280 ($0.7) and a bag of water at #110, this year I still earn same $40 or more but same paint rubber of garri is now #900 - #1200 ($2+). So to me no profit here, the more the naira fall, the more the purchasing power of Dollar in Nigeria is affected.

17 Likes 1 Share

Re: Crypto Currency Investors Thread by Timekeeper: 2:09pm On Sep 17, 2021
SUPERPACK:
Even if $1 reaches #1000 each you will still make no profit because dollar exchange is linked to inflation, let me give an example. Last year March I was earning $40 per week via my freelance hustle at #380/$ and a paint rubber of garri in my state was #250 - 280 ($0.7) and a bag of water at #110, this year I still earn same $40 or more but same paint rubber of garri is now #900 - #1200 ($2+). So to me no profit here, the more the naira fall, the more the purchasing power of Dollar in Nigeria is affected.

You have wisdom sir..

You truly understand how it goes... Most people are just rejoicing but they forgot that it will affect purchasing power of our daily needs...

Hence, no difference

12 Likes

Re: Crypto Currency Investors Thread by Pato5(m): 2:16pm On Sep 17, 2021
SUPERPACK:
Even if $1 reaches #1000 each you will still make no profit because dollar exchange is linked to inflation, let me give an example. Last year March I was earning $40 per week via my freelance hustle at #380/$ and a paint rubber of garri in my state was #250 - 280 ($0.7) and a bag of water at #110, this year I still earn same $40 or more but same paint rubber of garri is now #900 - #1200 ($2+). So to me no profit here, the more the naira fall, the more the purchasing power of Dollar in Nigeria is affected.
You are correct though your purchasing power will remain the same or dip a little. The worse is earning in naira. That's complete bearish purchasing power.

3 Likes

Re: Crypto Currency Investors Thread by clems88(m): 2:21pm On Sep 17, 2021
Abeg who knows how I can withdraw PayPal funds to dorm account or Payoneer.

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