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I Lost #14 Million Naira In One Hour! - Politics - Nairaland

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I Lost #14 Million Naira In One Hour! by drstranged(op): 4:35pm On Jan 11, 2025
So I had always heard and read news about people like Dangote, Musk and their likes losing billions of dollars within a day. I never really believed such stories until it happened to me yesterday. So I had invested in some stocks in the US stock exchange and the profits were rolling in, in millions of naira equivalent per day, especially after the Trump election victory. I had invested in some QC stocks. Just yesterday, I checked my stock performance and discovered that I was losing money fast as the stock prices of QC had crashed. I lost a total of #14m in one hour! I heard it was because of the negative statement made by the CEO of NVIDIA about that particular stocks. Twas really a sad day for me.
Re: I Lost #14 Million Naira In One Hour! by dawnomike(m): 4:36pm On Jan 11, 2025
drstranged:
So I had always heard and read news about people like Dangote, Musk and their likes losing billions of dollars within a day. I never really believed such stories until it happened to me yesterday. So I had invested in some stocks in the US stock exchange and the profits were rolling in, in millions of naira equivalent per day, especially after the Trump election victory. I had invested in some QC stocks. Just yesterday, I checked my stock performance and discovered that I was losing money fast as the stock prices of QC had crashed. I lost a total of #14m in one hour! I heard it was because of the negative statement made by the CEO of NVIDIA about that particular stocks. Twas really a sad day for me.
Sorry about that... We gain some, we lose some!
Re: I Lost #14 Million Naira In One Hour! by budaatum: 4:38pm On Jan 11, 2025
Re: I Lost #14 Million Naira In One Hour! by adeoyekay(m): 4:38pm On Jan 11, 2025
drstranged:
So I had always heard and read news about people like Dangote, Musk and their likes losing billions of dollars within a day. I never really believed such stories until it happened to me yesterday. So I had invested in some stocks in the US stock exchange and the profits were rolling in, in millions of naira equivalent per day, especially after the Trump election victory. I had invested in some QC stocks. Just yesterday, I checked my stock performance and discovered that I was losing money fast as the stock prices of QC had crashed. I lost a total of #14m in one hour! I heard it was because of the negative statement made by the CEO of NVIDIA about that particular stocks. Twas really a sad day for me.
14million just like that when I don't have one naira in my account
Re: I Lost #14 Million Naira In One Hour! by mrvitalis(m): 4:40pm On Jan 11, 2025
drstranged:
So I had always heard and read news about people like Dangote, Musk and their likes losing billions of dollars within a day. I never really believed such stories until it happened to me yesterday. So I had invested in some stocks in the US stock exchange and the profits were rolling in, in millions of naira equivalent per day, especially after the Trump election victory. I had invested in some QC stocks. Just yesterday, I checked my stock performance and discovered that I was losing money fast as the stock prices of QC had crashed. I lost a total of #14m in one hour! I heard it was because of the negative statement made by the CEO of NVIDIA about that particular stocks. Twas really a sad day for me.
You would only lose 14 million if you sold... If you haven't sold you have gained nothing and lost nothing
Re: I Lost #14 Million Naira In One Hour! by SadiqBabaSani: 4:40pm On Jan 11, 2025
What if the stocks Rebound
Re: I Lost #14 Million Naira In One Hour! by tobby20: 4:44pm On Jan 11, 2025
mrvitalis:
You would only lose 14 million if you sold... If you haven't sold you have gained nothing and lost nothing
That's one thing about btc
I can't say the same for forex
Re: I Lost #14 Million Naira In One Hour! by TornApart: 4:45pm On Jan 11, 2025
SadiqBabaSani:
What if the stocks Rebound
There's no capital preservation in stocks, you could loose profits made already and your capital wiped out like an erosion.
Re: I Lost #14 Million Naira In One Hour! by helinues: 4:47pm On Jan 11, 2025
If you did not tell us when you have been making profits, why are you telling us about your lose?

undecided undecided

Re: I Lost #14 Million Naira In One Hour! by FreeStuffsNG: 4:48pm On Jan 11, 2025
You didn't lose. Any capital appreciation that you're yet to cash is paper profit or loss. It can reverse yet you will not come here to cry again.
Stop the show off wink It's cringe-worthy
Re: I Lost #14 Million Naira In One Hour! by mrvitalis(m): 4:50pm On Jan 11, 2025
tobby20:
That's one thing about btc
I can't say the same for forex
He said stock it's same with stocks
Re: I Lost #14 Million Naira In One Hour! by tobby20: 4:54pm On Jan 11, 2025
mrvitalis:
He said stock it's same with stocks
Ik but I don't have idea about stock
Re: I Lost #14 Million Naira In One Hour! by ruggedtimi(m): 4:59pm On Jan 11, 2025
Why do i feel you want someone to inbox and ask about investing in stocks.
Re: I Lost #14 Million Naira In One Hour! by SadiqBabaSani: 5:04pm On Jan 11, 2025
helinues:
If you did not tell us when you have been making profits, why are you telling us about your lose?

undecided undecided
insensitive comment
Re: I Lost #14 Million Naira In One Hour! by helinues: 5:06pm On Jan 11, 2025
SadiqBabaSani:
insensitive comment
Do you want to answer my question on his behalf?
Re: I Lost #14 Million Naira In One Hour! by Godwin4444: 5:09pm On Jan 11, 2025
FreeStuffsNG:
You didn't lose. Any capital appreciation that you're yet to cash is paper profit or loss. It can reverse yet you will not come here to cry again.
Stop the show off wink It's cringe-worthy
God bless u

Same thing I wanted to say, it's just show off
Re: I Lost #14 Million Naira In One Hour! by sleek214(m): 5:18pm On Jan 11, 2025
You didn't lose any money jare. You invested in stocks, it went up and you made lots of money and it started going down to the original value. From your write up, you're the one that gained......
Re: I Lost #14 Million Naira In One Hour! by The6thAustralia: 5:24pm On Jan 11, 2025
Stock is an established lie. Pull your money out and invest it in agriculture or tech
Re: I Lost #14 Million Naira In One Hour! by Juliearth(f): 6:26pm On Jan 11, 2025
drstranged:
So I had always heard and read news about people like Dangote, Musk and their likes losing billions of dollars within a day. I never really believed such stories until it happened to me yesterday. So I had invested in some stocks in the US stock exchange and the profits were rolling in, in millions of naira equivalent per day, especially after the Trump election victory. I had invested in some QC stocks. Just yesterday, I checked my stock performance and discovered that I was losing money fast as the stock prices of QC had crashed. I lost a total of #14m in one hour! I heard it was because of the negative statement made by the CEO of NVIDIA about that particular stocks. Twas really a sad day for me.
Consider it a loss if you sold your stocks. Give it time.
Re: I Lost #14 Million Naira In One Hour! by sreamsense: 6:30pm On Jan 11, 2025
drstranged:
So I had always heard and read news about people like Dangote, Musk and their likes losing billions of dollars within a day. I never really believed such stories until it happened to me yesterday. So I had invested in some stocks in the US stock exchange and the profits were rolling in, in millions of naira equivalent per day, especially after the Trump election victory. I had invested in some QC stocks. Just yesterday, I checked my stock performance and discovered that I was losing money fast as the stock prices of QC had crashed. I lost a total of #14m in one hour! I heard it was because of the negative statement made by the CEO of NVIDIA about that particular stocks. Twas really a sad day for me.
I hate stock exchange investment on a personal note due to my previous experiences. Creating time to watch your stock on daily performance is problematic for me as it can cause distraction and high blood pressure especially when you are loosing or when the market remain stagnant for about a week. I prefer making my money and keeping my money in the bank and let them do whatever they like with my money so far I can get my money at any unannounced time.

At times when you have greedy broker like my previous experiences, tell them to sell at right time; they purposely delay with unwarranted excuses and sell at wrong time. Since I did away with stock exchange, I have rest of mind and makes lots of money for myself without minding stock investment in like manners of yours although my own then was local NSE
Re: I Lost #14 Million Naira In One Hour! by starpower(m): 7:07pm On Jan 11, 2025
sreamsense:
I hate stock exchange investment on a personal note due to my previous experiences. Creating time to watch your stock on daily performance is problematic for me as it can cause distraction and high blood pressure especially when you are loosing or when the market remain stagnant for about a week. I prefer making my money and keeping my money in the bank and let them do whatever they like with my money so far I can get my money at any unannounced time.

At times when you have greedy broker like my previous experiences, tell them to sell at right time; they purposely delay with unwarranted excuses and sell at wrong time. Since I did away with stock exchange, I have rest of mind and makes lots of money for myself without minding stock investment in like manners of yours although my own then was local NSE
know thyself
Re: I Lost #14 Million Naira In One Hour! by drstranged(op): 7:18pm On Jan 11, 2025
sleek214:
You didn't lose any money jare. You invested in stocks, it went up and you made lots of money and it started going down to the original value. From your write up, you're the one that gained......
I didn't take out much of my profits before the dip. That's my regret
Re: I Lost #14 Million Naira In One Hour! by drstranged(op): 7:21pm On Jan 11, 2025
ruggedtimi:
Why do i feel you want someone to inbox and ask about investing in stocks.
I'm a doctor by profession. Stock investment is more like a side thing for me. I don't even have enough time for myself, so why would I have time to look for investors whom I'd teach about stocks?
Re: I Lost #14 Million Naira In One Hour! by Curious345: 7:22pm On Jan 11, 2025
Come to mutual funds .thank me
sreamsense:
I hate stock exchange investment on a personal note due to my previous experiences. Creating time to watch your stock on daily performance is problematic for me as it can cause distraction and high blood pressure especially when you are loosing or when the market remain stagnant for about a week. I prefer making my money and keeping my money in the bank and let them do whatever they like with my money so far I can get my money at any unannounced time.

At times when you have greedy broker like my previous experiences, tell them to sell at right time; they purposely delay with unwarranted excuses and sell at wrong time. Since I did away with stock exchange, I have rest of mind and makes lots of money for myself without minding stock investment in like manners of yours although my own then was local NSE
Re: I Lost #14 Million Naira In One Hour! by ogaemma: 7:23pm On Jan 11, 2025
The stock market is like 9ja bet.
You win some, You lose some.
Take heart.
Life goes on.
Re: I Lost #14 Million Naira In One Hour! by mcjohny(m): 8:04pm On Jan 11, 2025
Lot of angry souls
Someone just lost a fortune, if you don't have any thing meaningful to say why not shut up


If feels really bad
I can relate with you because I have been in your shoes but not that size ooh!
Take ❤️ dust it and move forward, you already got a lesson you can leverage on and make profit tomorrow.
That's the comparative advantage some loosers have over some winners
Re: I Lost #14 Million Naira In One Hour! by Looking4Trouble: 8:17pm On Jan 11, 2025
helinues:
If you did not tell us when you have been making profits, why are you telling us about your lose?

undecided undecided
I have asked Angel Gabriel to remove your name from the Book. You are not going to Heaven again
Re: I Lost #14 Million Naira In One Hour! by cloud(m): 8:37pm On Jan 11, 2025
Trading us stock could be another way of becoming extremely rich, at the same time it could make you wretched especially if you're impatient. Trading stock requires a lot of patience and unfortunately, most Nigerians don't have that attribute. We prefer instant cash. Buy penny stocks in viable companies if you don't have too much resources, set a price alert and forget about it. At the right time you could make a fortune.
Re: I Lost #14 Million Naira In One Hour! by yommen: 8:43pm On Jan 11, 2025
The6thAustralia:
Stock is an established lie. Pull your money out and invest it in agriculture or tech
Stop condemning what others are doing because you don't have interest in it. That's bad!
Re: I Lost #14 Million Naira In One Hour! by Nobody: 8:54pm On Jan 11, 2025
drstranged:
I'm a doctor by profession. Stock investment is more like a side thing for me. I don't even have enough time for myself, so why would I have time to look for investors whom I'd teach about stocks?
How did you make the money because i know doctors are not paid well
Re: I Lost #14 Million Naira In One Hour! by INTEGRITYA1(m): 9:14pm On Jan 11, 2025
drstranged:
So I had always heard and read news about people like Dangote, Musk and their likes losing billions of dollars within a day. I never really believed such stories until it happened to me yesterday. So I had invested in some stocks in the US stock exchange and the profits were rolling in, in millions of naira equivalent per day, especially after the Trump election victory. I had invested in some QC stocks. Just yesterday, I checked my stock performance and discovered that I was losing money fast as the stock prices of QC had crashed. I lost a total of #14m in one hour! I heard it was because of the negative statement made by the CEO of NVIDIA about that particular stocks. Twas really a sad day for me.
Sorry about that. Every business men have experienced such at some point are still experiencing it, but in the long run profits will outweigh the loss and it will sure pay off.

Let do Real Estate, I have some promising offers in Lagos Island through Ibeju Lekki down to Epe.

Ibadan, Ogun State and Abuja are also part of equations.
Re: I Lost #14 Million Naira In One Hour! by jesmond3945: 10:42pm On Jan 11, 2025
TornApart:
There's no capital preservation in stocks, you could loose profits made already and your capital wiped out like an erosion.
thats if the company works hard to beat the statement made by jensen. Quantum is here to stay. Jensen is scared.
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