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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3298772 Views)
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Re: Crypto Currency Investors Thread by Ceasarceasar: 7:57am On Oct 27, 2023 |
Weitin dy do access bank...money I transfer to person for binance p2p yesterday he no received alert.. To download receipt of the transfer I do I no fit. Just tired for Naija banks wahala..don't know what to do again |
Re: Crypto Currency Investors Thread by wittywriter: 8:12am On Oct 27, 2023 |
Ceasarceasar:Always like that with network issues once it's getting to month end or salary payment dates(25th upward) however what I do if I have to transact during this period is...adopt third party transactions through my bank account officer. Most nigerians don't know/relate with their AO . Ceasarceasar:Yes if you do a follow up complain. Wittyness. 1 Like 1 Share |
Re: Crypto Currency Investors Thread by Ceasarceasar: 8:15am On Oct 27, 2023 |
wittywriter:. Okay .will they reverse my money back or what? |
Re: Crypto Currency Investors Thread by Jmarjr(m): 8:24am On Oct 27, 2023 |
Why is p2p selling at 1180 and parallel market is selling dollars at 1310?...... does that mean p2p is cheaper than BDCs? 4 Likes |
Re: Crypto Currency Investors Thread by IVORY2009(m): 8:24am On Oct 27, 2023 |
Ceasarceasar: You know Access Bank blocked most crypto currency treaders account recently, I hope it's not what is affecting your transactions. 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by doyin01: 8:27am On Oct 27, 2023 |
SINisSIN: I tire for that guy oooo |
Re: Crypto Currency Investors Thread by Ceasarceasar: 8:29am On Oct 27, 2023 |
IVORY2009: I have use that same account to buy usdt that same week |
Re: Crypto Currency Investors Thread by Enyinne(f): 8:39am On Oct 27, 2023 |
Dollar rate is dropping. Any news ? Update us oo. |
Re: Crypto Currency Investors Thread by doyin01: 8:44am On Oct 27, 2023 |
Naira gets weak , they blame p2p...but when the same naira gets strong , they won't praise P2p...they will claim the government did it...hypocrites... 14 Likes 2 Shares |
Re: Crypto Currency Investors Thread by Tohmey(m): 8:51am On Oct 27, 2023 |
graceilina:Usdt rate don dey drop nah Maybe all your balance was been calculated in Naira Even Kucoin here I can see 1,125|$ |
Re: Crypto Currency Investors Thread by Tohmey(m): 8:54am On Oct 27, 2023 |
Ceasarceasar:Hummm. . . Me I never use bank to buy on P2P Na mobile money Opay and Palmpay I dey use |
Re: Crypto Currency Investors Thread by xynerise: 8:55am On Oct 27, 2023 |
What does this mean biko?
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Re: Crypto Currency Investors Thread by Ceasarceasar: 8:59am On Oct 27, 2023 |
Tohmey: Na the first time I dey experience such be this 1 Like |
Re: Crypto Currency Investors Thread by valiju: 9:08am On Oct 27, 2023 |
It will be released soon as soon as block is completed xynerise: 2 Likes |
Re: Crypto Currency Investors Thread by graceilina: 9:11am On Oct 27, 2023 |
Please I have a question. Between a coin that the price is worth some cents and the one that the price is above a dollar, which one would give me more profit? |
Re: Crypto Currency Investors Thread by Tsfari: 9:30am On Oct 27, 2023 |
doyin01: Most of you guys don’t get the point an argument is trying to establish before engaging it. The argument me and some like Minds made here over the week was that there is a vice versa relationship of the price quoted by bdc operators and the one displayed on Binance p2p. During a period of price discovery, bdc operators may check the prevalent prices on p2p to fix their own prices the same way prices in binance p2p can adjust either upward or downward to reflect bdc,s price. To make you understand properly, now that prices of crashed on binance p2p, Watch and or observe whether the abokis will not reduce the prices of their own. Again we also tried to understand why the NGN was depreciating at an increased rate, and we gave a hypothesis that there was manipulation going on in binance p2p which was driving the prices up. This observation was later confirmed by the new of the hacking in access bank which saw an increased purchase of usdt by the putative hackers. What did you not understand and why the childish outburst? 6 Likes |
Re: Crypto Currency Investors Thread by seankafor(m): 9:33am On Oct 27, 2023 |
Tsfari:always blaming everyone except yourself and your corrupt ineptitude gorverment Shame 2 Likes |
Re: Crypto Currency Investors Thread by Tsfari: 10:02am On Oct 27, 2023 |
seankafor: See big man, I don’t ever play the blame game. I just like to separate cause from effect. Everyone knows the government is a colossal failure, APC is worst but it’s a bandwagon lifestyle to not try and understand why some things happen ..: gimme a sec, I will reply u further when I’m free |
Re: Crypto Currency Investors Thread by seankafor(m): 10:06am On Oct 27, 2023 |
Tsfari:bro, why will you blame ordinary citizens like me and you trying to take advantage of the already bad situation of the country for our own advantage? Do you want hunger to kill us in the already disadvantaged country we are? Everyday you guys keep blaming ordinary p2p traders who are out there hustling their own bread 🍞 like normal market traders.. When someone that sells rice or tomatoe factor in the situation of the country, sees an opportunity and ups his price.. will you blame him even if that person happens to exploit a loophole in the system? Even if it's manipulation they re doing over there in p2p, at least it's decentralized, you can set your own price at 1#/$.. no body holding you.. you can set at 10k/$ no body holding you.. you can choose to buy or not to buy, no body holding you.. it's a free and decentralized market.. Stop blaming ordinary citizens for the country's woes.. 1 Like |
Re: Crypto Currency Investors Thread by graceilina: 10:09am On Oct 27, 2023 |
Please I have a question. Between a coin that the price is worth some cents and the one that the price is above a dollar, which one would give me more profit? |
Re: Crypto Currency Investors Thread by narite: 10:11am On Oct 27, 2023 |
graceilina:That is definitely the reason. |
Re: Crypto Currency Investors Thread by SaintUlot: 10:16am On Oct 27, 2023 |
Mazinewmoney: Is ur portfolio currently at profit or you are still @ loss? |
Re: Crypto Currency Investors Thread by GRACEGLORY: 10:18am On Oct 27, 2023 |
Robnectar: Smart as always 1 Like |
Re: Crypto Currency Investors Thread by narite: 10:23am On Oct 27, 2023 |
graceilina:My orientation when I first entered into this space. I thought everything goes up. Fantasized on how my profit will look like, when I buy those pennies coins and selling them for a dollar. Then I soon realized they are pennies for a reason. Stay away from cheap things. Cheap things kills. 4 Likes |
Re: Crypto Currency Investors Thread by GRACEGLORY: 10:29am On Oct 27, 2023 |
graceilina: It depends on the demand, & the investor sentiment. Take for instance, I'll rather buy 1,000,000 shib @$7-8 now, rather than buy Avax @$10, and I'll rather buy 1 SOL @$33 rather than buy three Avax for that same amount. Why? The demand, & the investor sentiment. That doesn't mean Avax isn't a good coin. It is. So, even though Shib is cheap, it won't kill. 1 Like |
Re: Crypto Currency Investors Thread by Tego40: 10:39am On Oct 27, 2023 |
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Re: Crypto Currency Investors Thread by BannedUser: 10:48am On Oct 27, 2023 |
graceilina: The price of the coin doesn't matter. What determines your profit or loss is the percentage increase or decrease in the coin price. If you bought 1000 USDT each of BTC and XRP and they both increased in price by 10%, the profit realized from both of them is the same. What is important is the amount you invested. 1 Like |
Re: Crypto Currency Investors Thread by Eaglepixel: 11:08am On Oct 27, 2023 |
. |
Re: Crypto Currency Investors Thread by seankafor(m): 11:11am On Oct 27, 2023 |
BannedUser:actually what matters in his context is the market cap and not the price of the coin 🪙 1 Like |
Re: Crypto Currency Investors Thread by BannedUser: 11:58am On Oct 27, 2023 |
seankafor: Marketcap and available supply. coin price = (Marketcap ÷ Available supply) DOGE is $0.07057 and has a marketcap of 10 billion USD BCH is $245 but has a marketcap of 4.7 billion USD |
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