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I Just Lost 400k Revisited / Please Help I Just Lost My First Bank And Zenith Bank ATM Card / Business I Can Start With 400k In Lagos (2) (3) (4)
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Re: I Just Lost 400k by AJSfan: 1:00pm On Nov 04, 2023 |
Athena6: Sorry about that dear. Stop taking advice from Nairalander cos many of them can't think outside their political sentiments. In truth they won't do what they are advising you to do 1 Like |
Re: I Just Lost 400k by folake4u(f): 1:01pm On Nov 04, 2023 |
doggedfighter: Make dollar come down, make I buy one carton of Caprisun. Na my prayer be that. |
Re: I Just Lost 400k by ppogba: 1:03pm On Nov 04, 2023 |
Deogratiasfx: The only education I can give you is that believing all that the guy said hook, line and sinker as the reason for the appreciation in the value of the Naira is total balderdash. A bit of knowledge will tell anyone that the CBN effort at clearing the backlog of FX due DMBs in the last few days was a significant reason AND NOT, I insist the maintenance of the interest rate by the Federal Reserve bank in the USA. You can follow other arguments on this thread especially submissions about the likely effects of the DANG refinery and the securitization of the NLNG funds. Shalom. |
Re: I Just Lost 400k by alimiadedayo1: 1:07pm On Nov 04, 2023 |
kellybently:are you a btc trader |
Re: I Just Lost 400k by damoobaba: 1:10pm On Nov 04, 2023 |
Athena6: Dollar will still crash. |
Re: I Just Lost 400k by bemeruca: 1:13pm On Nov 04, 2023 |
ppogba: There is always risk in investment because you don't have a time machine. You speculate based on the past situations or news of the future... But knowing the past and news about the future is not equal risk free investment. We are talking about a volatile market here. The risk is high. |
Re: I Just Lost 400k by Obagreatdatoye(m): 1:15pm On Nov 04, 2023 |
oliverwrites:I can bet you with my life, dangote or no dangote...price will crash to #500 on or before march, 2024. |
Re: I Just Lost 400k by ppogba: 1:16pm On Nov 04, 2023 |
doggedfighter: You are very funny. Shey, dem take ankara cloth tie her eyes ni when she wan speculate and take.risk. How well are you even sure the whole story is no audio? No be today for Nairaland. |
Re: I Just Lost 400k by Bsmarttt: 1:24pm On Nov 04, 2023 |
Dollar rise is artificial, it may rise in the future but for now it will crash , |
Re: I Just Lost 400k by adewale2011(m): 1:26pm On Nov 04, 2023 |
Buy the Dip, Thank me later... Athena6: |
Re: I Just Lost 400k by Trojan8(m): 1:29pm On Nov 04, 2023 |
pipnator00: Oil swaps are normal thing. You think oil are prices are determined on a day to day basis. You sign long term contracts to deliver oil at a certain price and quantity which is basically what future swaps are. In as much as I don't like Buhari, doesn't mean he is the first or would be the last to sign future swaps. That's how the oil market works. 1 Like |
Re: I Just Lost 400k by oliverwrites: 1:35pm On Nov 04, 2023 |
PoliteActivist:We import fuel using dollars. With Dangote refinery the import and need for dollar reduces or stops ( at least on the fuel front ). The small doubt I have is as a result of saboteurs. |
Re: I Just Lost 400k by Amakamoney: 1:37pm On Nov 04, 2023 |
https://www.yunusloopdefi.com/?upper=1720688481736351745 Invest your usdt here now. To recover what you have lost. Chat me up to learn more 07069540702 Make your research or Chat me up to earn now |
Re: I Just Lost 400k by sonofthunder: 1:38pm On Nov 04, 2023 |
Athena6: I don't remember telling you to buy dollar 💵 but if you are serious about traveling out, leave your money in USD to be used for proof of funds or school fees when you ready. That way you get more serious and travel to go and meet your money. My 2 kobo |
Re: I Just Lost 400k by ogawisdom(m): 1:39pm On Nov 04, 2023 |
Athena6: Withdraw your money now The real crashing is starting on Mon to Fri. Cut your loses you are naive in forex and was not following the news of CBN paying out billions of USD to people they owed & millions of USD of Abacha loot returned. The biggest one will be Dangote refinery coming soon hopefully in December. USD will be less than 700 by Friday. Wait more and have more losses. I was lucky sha bought at 900 sold at 1175. I could have even sell at 1240 but you can't master the market completely. Made over 1.2m If Dangote refinery fails USD will rise again by next month. 1 Like |
Re: I Just Lost 400k by GeneralDae: 1:40pm On Nov 04, 2023 |
Obagreatdatoye:Definitely, price would crash. Some people nor dey read news. CBN is expecting 7Bn dollars from NLNG securitization, 3Bn dollars from Qatar, another 3Bn dollars from Afrexim Bank, and 3.5Bn dollars inflow to the Health sector from the World Bank, now 150 million dollars from Abacha. 4 Likes |
Re: I Just Lost 400k by Ceasarceasar: 1:40pm On Nov 04, 2023 |
Hassanmaye: Wow..sorry for the loss 1 Like |
Re: I Just Lost 400k by sonofthunder: 1:41pm On Nov 04, 2023 |
Wujio: Does he have anything too lose. Just chasing clout so who ever listens to him na them sabi |
Re: I Just Lost 400k by Babanah: 1:42pm On Nov 04, 2023 |
To all my friends trying to hedge their funds with FX know that the foreign exchange market is very volatile. Even for Financial Institutions, we hedge our FX positions using FX swaps in the short term as we cannot predict long term currency movements. Twice in my career GBP:USD rate had been 2:1, meaning one Pound would fetch you two Dollars. Today the rate is about 1.2 to the Dollar. 1 Like 1 Share |
Re: I Just Lost 400k by Squirrel1(m): 1:46pm On Nov 04, 2023 |
Wujio:Op should read the richest man in Babylon. 1 Like |
Re: I Just Lost 400k by Rochasstatue(f): 1:47pm On Nov 04, 2023 |
Sell now and cut your loses. The backlog of FX has been cleared by the CBN. That alone was a red flag. FG raised $10b and are using it to stabilise the ₦.. $150m Abacha stash is being remitted by France.. If you fail to cash out now, you are stuck in sorrow. 1 Like |
Re: I Just Lost 400k by Squirrel1(m): 1:47pm On Nov 04, 2023 |
" Don't take financial and economical advice from the priest " - the richest man in Babylon 2 Likes |
Re: I Just Lost 400k by olamilarks(m): 1:48pm On Nov 04, 2023 |
Nigerians don't love their nation one bit. 1 Like |
Re: I Just Lost 400k by reddingtonblack: 1:49pm On Nov 04, 2023 |
sukkot: IF you know the rates for Fixed deposit in any bank you won't advice her to go Fix her naira Infact the most unprofitable decision is keep naira dormant, i bought some shares with a bank way back, i decided to even check the worth recently i almost cried, Put 3million in Fixed deposit for a year you won't even get up to 150k as ROI. The best decision is to invest your Naira into any viable business you have profound knowledge about. storing Naira is a shitty move |
Re: I Just Lost 400k by jimmyvic(m): 1:52pm On Nov 04, 2023 |
You took advise from Nairalanders' back benchers without a proper DYOR. Cry well oo |
Re: I Just Lost 400k by SunMusk(m): 1:54pm On Nov 04, 2023 |
What is stupid saboteurs, everyone speculate on currency all over the world. Just that the dollar is over bought. And as Nigeria our wish is, it should appreciate against the dollar. But don't blame those who do business. The thing is supply and demand. Let our government increase demand and see dollars falls. If can boast half a trillion dollars in our reserve dollar will crush to very very low. Is just about good economy. So nobody is a saboteur. Elliotwaveforec: |
Re: I Just Lost 400k by ogbonti: 1:57pm On Nov 04, 2023 |
Athena6: have you not seen the candlesticks in stock market --- sometimes it goes up and sometimes it goes down guy never bet against the dollar ---- never ever bet in support of the naira against the dollar baba- keep your dollars oooo - the FUNDAMENTALS of the US economy is way way stronger than the NIGERIAN economy there will be a rebound - with all this profligate spending - corruption - poverty and insecurity- you honestly think this initial gra gra of the naira is sustainable ? now if the government IS NOT corrupt and engaging in borrowing to waste on luxury - then you should be afraid - BUT since their behavior have not changed, guy keep your dollars oooooo 1 Like |
Re: I Just Lost 400k by phemmyfour: 2:02pm On Nov 04, 2023 |
Athena6:You don't know anything.....relax, It is coming up again. It falls in arithmetic progression while it rises in geometric progression |
Re: I Just Lost 400k by leokid866: 2:04pm On Nov 04, 2023 |
phemmyfour:lol continue deceiving oga, be like say you never hear say 150M$ from abacha is on the way....... |
Re: I Just Lost 400k by ogbonti: 2:06pm On Nov 04, 2023 |
ogawisdom: Baba- Dangote refinery is not SUFFICIENT to spike the naira against the dollar AS LONG as your Senators prefer to drive foreign luxury cars, AS LONG as HAJJ and ISREAL pilgrimage is there, AS LONG as Nigerians prefer foreign universities to Nigerian Universities, AS LONG as Nigerians want to jappa, AS LONG as Nigerian elites prefer luxury foreign goods items for consumption, AS LONG as Nigerian politicians keep borrowing to spend on frivolities ---- AS LONG as Nigerian politicians love keep their loot in foreign currency for easy laundering overseas - AS LONG as Nigerians will rather vacation in Dubai than go to Obudu - SO LONG will the dollar rise against the naira! --- it' is simple economics - DEMAND and SUPPLY -- Simple Question: Do we earn enough dollars [SUPPLY] to FUND our needs or wants [DEMAND] ? ----- >>>> then simple answer is NO! If you want to know how useless the naira is - take a flight to Amsterdam or any European airport - Naira is not accepted there to buy anything in the airport - ZAR South African Rand is accepted there - EPD Egyptian Pound is accepted there - BUT Naira is not... WHY? No be swear I swear for Nigeria - I no hate Nigeria - na the bitter truth I dey tell you so! 2 Likes 1 Share |
Re: I Just Lost 400k by smasher1(m): 2:06pm On Nov 04, 2023 |
Athena6: If you come online and listen to advise online, you take full responsibility for your decision. I have nothing to say on this matter. |
Re: I Just Lost 400k by Luckysbab: 2:09pm On Nov 04, 2023 |
Wujio: I'm backing your point. Calm your titties |
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