Omoapena:




What if the dollar crashes to 800naira?

Omoapena:


Use them both n decides which one to stick to later...

Itsrm:


Then you buy more, average down and hold. Long term, Naira will always lose against the dollar.

AOB1:
bro am using uber right now but dey don't have request like before again except during the weekend but when I open indrive I see plenty request so the thing confused me as am new to the hustle

GeneralZodd:


I drive Toyota Camry muscle. It's almost the same thing with big daddy. It's for experience drivers who know how to maximize profits in this perilous time of our Economy not for newbies who wants to start this business afresh.

That's why I didn't include it

AOB1:
bro am using uber right now but dey don't have request like before again except during the weekend but when I open indrive I see plenty request so the thing confused me as am new to the hustle

GeneralZodd:


Buying more might be a very big risk, from the information I got from an impeccable source, FG wants to digitise dollar in Nigeria. Like turn into crypto form to curb hoarding and speculation. Hoarders and speculators are the major reasons why the rate is astronomically high. This policy is likely to be implemented next year.

I will stop buying as from next year to see how it goes

GeneralZodd:




I will lick my wound and accept my fate. No Biggie!

But I make informed decisions, dollar will get to 1200 -1300 by December. With that alone I don make cool 200k and above.

Yuletide season, there is always a high demand for FX. You dont need a financial analyst to tell you this.

dapotemi:


Are you sure of this your last statement? I'll rather assume that yuletide season usually witness alot of INFLOW from people coming back home .I am expecting atleast 10 of my guys/family and they usually come loaded, atleast to show off!! Usually with alot of INFLOW like that, dollar is expected to crash a little or atleast remain stable..My thought!!! Who is looking for dollar in December?

Itsrm:


The only reason it's still at this rate is because CBN is seriously defending it on the I&E
window. You can only speculate on a scarce commodity. It is high because CBN has no dollar to meet demand not because of speculators. The people hoarding it know CBN has no dollars to permanently force down the price.

Long term, the naira will always lose till they are ready to turn around the country. Funny enough, they have even borrowed the future earnings from NNPC which is the primary source of Fx to defend the naira.

I'm not seeing any sign of seriousness to stabilise the naira beyond lofty promises.

dapotemi:


Are you sure of this your last statement? I'll rather assume that yuletide season usually witness alot of INFLOW from people coming back home .I am expecting atleast 10 of my guys/family and they usually come loaded, atleast to show off!! Usually with alot of INFLOW like that, dollar is expected to crash a little or atleast remain stable..My thought!!! Who is looking for dollar in December?

GeneralZodd:


Lexus ES300 is not a suitable car for the hustle.

1. It's 3.0 litre engine. It will consume more fuel, not fuel economical

2. It's 70 litre fuel tank. U go buy fuel taya. full tank na 42k, Half tank 21k.

3. Lexus part are very expensive. One small damage will swallow your 3 months earning on Bolt and leave you with nothing to save.

4. It will take you 6years to recoup your investment. By that time the car fit don quench before the time reach to reap the fruit of your labour

5. Lexus ES300 is too big to navigate the nooks and crannies of bad roads of lasgidi. Danfo, okada and keke will scratch your car easily. They will dent your car. You can't navigate Bad road easily with big cars like ES300.

Solution:

You need a compact car like Toyota Corolla, Toyota Yaris, Toyota Matrix. These are the 3 best for this business. They are rugged, strong, reliable and easy to maintain. And fuel efficient

dapotemi:


Are you sure of this your last statement? I'll rather assume that yuletide season usually witness alot of INFLOW from people coming back home .I am expecting atleast 10 of my guys/family and they usually come loaded, atleast to show off!! Usually with alot of INFLOW like that, dollar is expected to crash a little or atleast remain stable..My thought!!! Who is looking for dollar in December?

GeneralZodd:


Ask for help, if you need help, I can hold you by hand and show you how to get a good deal at Parallel market.

dapotemi:


Are you sure of this your last statement? I'll rather assume that yuletide season usually witness alot of INFLOW from people coming back home .I am expecting atleast 10 of my guys/family and they usually come loaded, atleast to show off!! Usually with alot of INFLOW like that, dollar is expected to crash a little or atleast remain stable..My thought!!! Who is looking for dollar in December?

ReadaDream:
Lol... ES300 is just a basic car as the Camry, asides from it been the luxury version.

Big engine? Yes. That's all about it. There are people who use V6 Camry on the job and they are surviving.

To the person that asked, if it's your car and the only choice available right now, use it. Provided the car is in good condition, you will do well this period.

P.S whatever happens during the winter period, my hand no they that one.

Barbiturate:


Sorry bro, how much did you get the good deal?

Omoapena:



I doubt if people still uses V6 engine car for this job, they will never make any profit after commission, infact, they will run on loss...

Omoapena:



I doubt if people still uses V6 engine car for this job, they will never make any profit after commission, infact, they will run on loss...

GeneralZodd:


Baba, Personal driving and Ehailing driving na 2 different ball game, buts let not go deeper into that.

Now that he's bought it, I could give him some hints on how he can maximize profit with big tanks or else he will be accruing losses everyday.

mcyemite:


Please I would like to hear your advice and hints on maximizing profit..

GeneralZodd:
E don dey happen December never reach, official market #1000, expect black market to start selling at #1250 - #1500 as from next week

pope191:


Nov is not Dec.. anything can happen within 3 weeks. It’s all about knowing when to cash in and cash out. Even we don’t get to feel Dec heat till when the month is getting to mid.

mcyemite:


Please I would like to hear your advice and hints on maximizing profit..

GeneralZodd:
.

Just go and get yourself a 1.2 - 2.0 litre engine car to save yourself alot of stress. That's the wisest thing to do now

GeneralZodd:


You can register with Bolt, you will get enough trips, but most likely far distance request nowadays, if you decline too much. Your account might end up blocked

YeyeGbami:


They no fit block am if he work with wisdom.

GeneralZodd:


How J J C wan work with wisdom on bolt? Wahala for who no want wahala.

Meanwhile Bolt don black me come dey tell me say them miss me . ...Bella or whoever that is incharge of unblocking drivers, from the deepest bottom of my heart I miss you too.

GeneralZodd:


How J J C wan work with wisdom on bolt? Wahala for who no want wahala.

Meanwhile Bolt don black me come dey tell me say them miss me . ...Bella or whoever that is incharge of unblocking drivers, from the deepest bottom of my heart I miss you too.