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$1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony - Investment (5) - Nairaland

Nairaland ForumNairaland GeneralInvestment$1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony (37172 Views)

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Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by mascot87(m): 2:47pm On Oct 12, 2025
Landowner101:
Had it been it went up, you'll still back it up with technical analysis using Elliot wave
Oga, I am not advertising anything to you neither am in inviting you to involve yourself in it so rest. Just stick to what you know and what you are doing
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by mascot87(m): 2:49pm On Oct 12, 2025
silverlinen:
If that's what you think, it's all good my guy. cheesy
You don't have to argue with them. Just let them be as they want to be
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by otherway: 2:50pm On Oct 12, 2025
You guys are so ignorant.

It ha nothing to do with Trump.

It is simple trend correction and will bounce back even higher
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by otherway: 2:53pm On Oct 12, 2025
mascot87:
As a forex trader, if you know your technical analysis very well, you would have seen that aggressive dump. It was that obvious. Btc created an all time high, reacted to a resistance level after clearing all the liquidity above the resistance level. Then it gave a daily bearish engulfing candle and then boom, gave an perfect sell entry on a 1H order block. So it will affect a forex trader depending on how good or bad you are in the forex trading skill
Infact you are a real thouroughbred fx trader. Kudos to you.

It was a simple bullish correction and the bulls will soon take over.

Many people are gamblers thinking they know anything about trading.

Was it trump that caused the previous pullback grin? Bunch of ignorant people.

This is Bitcoin weekly and monthly charts and we can see that it is common for a lower high to happen and when it does, we usually have a higher level breached... So bitcoin is still on its way to 200k or even higher... You will remember this post in future.

Ignorant people making trump feel too important.. Yes his policies can affect markets but the recent crash in crypto has nada to do with Trump. It was bound to happen.

Infact this is a good time to invest and even if it moves further down, invest more still.

Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Commentor: 2:57pm On Oct 12, 2025
freeborn02:
You are angry because Trump is not allowing Islamic terrorism to thrive.
It's an easy excuse people without much intelligence fall for.
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by kaywhy09(m): 3:05pm On Oct 12, 2025
Crypto crashed, with price at 111k+. STOP PLAYING
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by DixseenMktPlace(m): 3:06pm On Oct 12, 2025
PulaPower:
They’re telling you the truth cuz it will still rise back. There was a time btc was $3k, $5k, $10k… Now, $100k plus today..

If you sabi how to invest in the btc, it’s a very good investment! One of the best!

Btc is not something you trade by yourself, personally. It’s the dollar market that does the trading. So, if you see anybody telling you to come invest in one trading of btc, it’s a scam. Btc is something you buy and keep!

If you want to invest in btc, you’ll have to do it yourself. Download Blockchain & register. After registration, you’ll see your private wallet. Then visit Paxful website, buy, for example $50 btc. It will be credited into the blockchain ( wallet) you created… Then leave it there.

Btc is now $112k. Let say you buy $50 today and tomorrow, it goes up from $112 to $130k, check your wallet, your $50 would have been around $80 - which means, you’ve gained $30. You can choose to sell the $30 and buyers will credit you naira into your account and you can choose to leave it for further $ grow. You can wake up another day and see that it has gone up again from $130k to $150k, your own money go grow up again..

That’s how to make money from btc..
Why did you leave out the area of waking up and there’s dollar equals to 5 naira in the blockchain wallet?
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by GiftofGod77(m): 3:10pm On Oct 12, 2025
Uptownerd:
https://uptownerd./2025/10/12/1-65-trillion-global-crypto-wipe-out-leaves-nigerian-traders-in-agony/
I have checked the crash and as a trader myself I blame those who lost because a traders training and knowledge should have clearly shown that the cryptos were falling in value while us dollar and swiss franc and Japanese yen were appreciating as safe havens. Even on the one hour charts it clearly showed a downward trajectory for cryptos so why would anyone be buying it while it was losing its value? Lack of proper knowledge of how the markers works is the main cause. Before getting into something as this one should have gained adequate skills and Pro knowledge of how the market works. They can still recover all losses though.
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by LARRYOBRAIN(m): 3:14pm On Oct 12, 2025
Use Binance or Bitget, trusted
PulaPower:
They’re telling you the truth cuz it will still rise back. There was a time btc was $3k, $5k, $10k… Now, $100k plus today..

If you sabi how to invest in the btc, it’s a very good investment! One of the best!

Btc is not something you trade by yourself, personally. It’s the dollar market that does the trading. So, if you see anybody telling you to come invest in one trading of btc, it’s a scam. Btc is something you buy and keep!

If you want to invest in btc, you’ll have to do it yourself. Download Blockchain & register. After registration, you’ll see your private wallet. Then visit Paxful website, buy, for example $50 btc. It will be credited into the blockchain ( wallet) you created… Then leave it there.

Btc is now $112k. Let say you buy $50 today and tomorrow, it goes up from $112 to $130k, check your wallet, your $50 would have been around $80 - which means, you’ve gained $30. You can choose to sell the $30 and buyers will credit you naira into your account and you can choose to leave it for further $ grow. You can wake up another day and see that it has gone up again from $130k to $150k, your own money go grow up again..

That’s how to make money from btc..
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by grandstar(m): 3:20pm On Oct 12, 2025
They right. The market will recover. This is simply an overreaction to Trump's. Eventually, Trump and zxi zXinping will inevitable an agreement.⁰
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Scamburster(m): 3:22pm On Oct 12, 2025
muyico:
opay clients ?? user?? be vigilant ??
Opay kwa?

That means all commercial banks should be careful as well 🙄
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Ojemedad: 3:28pm On Oct 12, 2025
SMARTMOTORS:
BLord get luck say him don invest very much in real estates and Tech
And you believe say Blord na crypto trader? Dey play
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Zephlonix: 3:29pm On Oct 12, 2025
it is not like we haven't seen this before, each time there is a dip there is all these people saying it's the downfall of crypto, funny how they only come out of the shadows when it's going down and not the last 10 years of progress
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by GiftofGod77(m): 3:41pm On Oct 12, 2025
otherway:
Infact you are a real thouroughbred fx trader. Kudos to you.

It was a simple bullish correction and the bulls will soon take over.

Many people are gamblers thinking they know anything about trading.

Was it trump that caused the previous pullback grin? Bunch of ignorant people.

This is Bitcoin weekly and monthly charts and we can see that it is common for a lower high to happen and when it does, we usually have a higher level breached... So bitcoin is still on its way to 200k or even higher... You will remember this post in future.

Ignorant people making trump feel too important.. Yes his policies can affect markets but the recent crash in crypto has nada to do with Trump. It was bound to happen.

Infact this is a good time to invest and even if it moves further down, invest more still.
Very good and correct. Kudos and weldone.
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Reloadedisraelp: 3:42pm On Oct 12, 2025
PulaPower:
They’re telling you the truth cuz it will still rise back. There was a time btc was $3k, $5k, $10k… Now, $100k plus today..

If you sabi how to invest in the btc, it’s a very good investment! One of the best!

Btc is not something you trade by yourself, personally. It’s the dollar market that does the trading. So, if you see anybody telling you to come invest in one trading of btc, it’s a scam. Btc is something you buy and keep!

If you want to invest in btc, you’ll have to do it yourself. Download Blockchain & register. After registration, you’ll see your private wallet. Then visit Paxful website, buy, for example $50 btc. It will be credited into the blockchain ( wallet) you created… Then leave it there.

Btc is now $112k. Let say you buy $50 today and tomorrow, it goes up from $112 to $130k, check your wallet, your $50 would have been around $80 - which means, you’ve gained $30. You can choose to sell the $30 and buyers will credit you naira into your account and you can choose to leave it for further $ grow. You can wake up another day and see that it has gone up again from $130k to $150k, your own money go grow up again..

That’s how to make money from btc..
am not a crypto trader but the few times I did it in 2018,I learned what we can liquidating,ur views about btc mk it looks like u're still learn .... crypto is not meant to be kept.
.if u can't trade it and withdraw then exchange to flat like usdt but if u keep it in wallet and hope for it to go up so u can make gains,then u're more likely lose all...
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by VladimirTheGrea: 3:49pm On Oct 12, 2025
Juanmike:
What is monero pls
It's a privacy cryptocurrency that has surged strongly despite being delisted in some major exchanges but still thriving on exchanges it maintains listing.

Look it up. XMR is the symbol on coinmarketcap or coingecko
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Reloadedisraelp: 3:49pm On Oct 12, 2025
otherway:
Infact you are a real thouroughbred fx trader. Kudos to you.

It was a simple bullish correction and the bulls will soon take over.

Many people are gamblers thinking they know anything about trading.

Was it trump that caused the previous pullback grin? Bunch of ignorant people.

This is Bitcoin weekly and monthly charts and we can see that it is common for a lower high to happen and when it does, we usually have a higher level breached... So bitcoin is still on its way to 200k or even higher... You will remember this post in future.

Ignorant people making trump feel too important.. Yes his policies can affect markets but the recent crash in crypto has nada to do with Trump. It was bound to happen.

Infact this is a good time to invest and even if it moves further down, invest more still.
I maybe wrong but the majority part of crypto is been control by the government now unlike b4... Big influencer are leaving the trade....it's gonna crash eventually some days
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Kingosytex(m): 4:14pm On Oct 12, 2025
DomPerignon:
Over 2,000 crypto traders have since committed suicide since the crash began 2 days ago.

Lol.

The signs were all there with a mystery individual placing a short on crypto crashing 3 days before the crash.

The mystery short generated over $170,000,000 for who placed that short.

Insider trading ? Definitely.

Someone knew before hand that there was going to be a massive sell off of crypto.

My guess is whoever knew was connected to the unknown whales in the crypto scene.

A whale is typically an individual/buyer who scoops up large volumes of crypto in one single transaction.

Most whales have been linked to institutional investors like Black rock, Vanguard Group and Main Street.

Other whales are covet intelligence agencies who rush to buy crypto to facilitate transfer of funds directly to proxy militias or to buy huge weapons cache to spread their endless wars across the planet. Crypto is ideal for covet funding so this is why intelligence units in the west use of to fund their terrorist proxies.

My guess is that Black Rock and co are pulling out of crypto and investing it into gold.

Same thing is why the US and London stock markets are crashing. Investors are turning to gold now that its trading very high at $4,000 an ounce.

China is also one reason why gold is skyrocketing as China has stopped investing in US debt markets and instead is piling up gold mostly from Russian mines.

Sanctioning Russia out of the global economy is hitting the west hard as Russia has now adapted and weaned itself from the US dollar global economy.

Bearing in mind that Russian mines also account for a sizeable portion of global gold supply , trading their gold outside the US dollar has made the downward and suppressive pricing of gold in the London Bullion Gold market ineffective.

Gold prices have been artificially suppressed for years in favour of investing in western ponzi stock and debt markets by the London Bullion Gold market. The LBG isn't even a market as it is only a group of three individuals headed by a Rothschild with the head of the Bank of England and a representative of gold speculators drawn from Jewish gold merchants.

The trio meet every Monday after breakfast to decide the price of gold . This '' market '' is what has suppressed gold prices for decades.

With sanctions on Russia making that country not to capitulate to western oligarchs (that's who dictates economic and financial sanctions ), Russian gold now is being traded in a currency swap deal with China.

Orange man , Zion Don then begins his tarrif wars with China.

Xi says he has had enough and not only bans US food imports but dumps US debt.

That massive dump on US debt then begins to break the house of cards that is the financial ponzi scheme western economy.

Stock investors pull out and begin to search for an alternative hedge which only gold can fill.

Whales like Black Rock are taking a beating in their ponzi stock market but they can't pull out or risk the whole thing crashing so they then begin to dump their Cryptos and move it into gold.

That there is why crypto is crashing and with it , soon the US and western debt based liquidity economy which in turn will see the dollar come crashing down.

This is why orange man wants to invade and capture Venezuelan oil fields(the largest known and proven reserves) and take over Greenland for its rare earth metal deposits.

But the money changers will prefer all out Samson option by instigating another global war than risk their money tables being overturned .
I salute you boss.
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Chicagograduate(m): 4:42pm On Oct 12, 2025
Starboytwo:
Crypto no be beans.


It will still go up Sha.
So the ones wey lost money now go recover am back?
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Chicagograduate(m): 4:46pm On Oct 12, 2025
SMARTMOTORS:
BLord get luck say him don invest very much in real estates and Tech
Forget,Blord hand no clean.
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Chicagograduate(m): 4:49pm On Oct 12, 2025
DeLaRue:
Been saying it for years, buying crypto is a loser's game. And it is a game. Exactly like playing Baba Ijebu or online betting, only more glamorous.

One Satochi, allegedly from Japan, created this thing, bitcoin, which he tagged a currency.

It is not backed by Gold, or government paraphernalia. You can't use it to buy bread, pay for transport or rent, or much else anything. It does not support any form of production. It is not even a physical thing you can touch or feel. It's basically just a number generated by a program/ code grin

A group of young Americans hyped it up, told the rest of the world it is the next global currency. They sucked in people from poor countries like Nigeria who pump money into it. And then those Americans manipulate how and when it falls and rises making sure they make the most money while the deluded and clueless ones from poor countries wallow in loses.

It is all fantasy. It is MMM.

I challenge anyone to explain here how it is fundamentally different from playing Baba Ijebu or online betting.
Na corrupt individual dey buy crypto.
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by nwirinedu(m): 4:52pm On Oct 12, 2025
Focus on real wealth creation, stop gambling all forms of forex and crypto vis gambling.

It's like casino, you can't beat the house, lots of inside trading by big movers who control the funds, even your broker bets against you manipulates the prices too.

Buy shares for the long-term, provide real services and goods.

Ask yourself if the internet crashes today what will you do.

Crypto was another 2008.
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by AerialMapper: 5:03pm On Oct 12, 2025
Buy the dip!

If the dip dips..buy the dip some more

Some people have been praying for the market to dip so they can enter the market...buy!

As for me..nothing concern me concern crypto again
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by 123yes(m): 5:15pm On Oct 12, 2025
Those traders who lost money that day don't under stand how crypo market works. Even before the announcement all the moving averages are consolidating showing short or sell signal. Any way i was not in the market to catch the move, but doing counter trade to rip the fall out. Any good trade will know that the movement is temporary and will recover within days. BTCUSD has been trending up ever since that move and will continue in the coming weeks
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Gerrard59(m): 5:26pm On Oct 12, 2025
What sort of name is "Aisha Okon?"

Fake news! A mere figment of the reporter.
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by dheilaw1(m): 5:31pm On Oct 12, 2025
chiefolododo:
Jesus is the only hope

Not government

Not crypto
sebi na Jesus dey print naira and dollar. Religious mumu.
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by MrGerald(m): 5:40pm On Oct 12, 2025
PulaPower:
They’re telling you the truth cuz it will still rise back. There was a time btc was $3k, $5k, $10k… Now, $100k plus today..

If you sabi how to invest in the btc, it’s a very good investment! One of the best!

Btc is not something you trade by yourself, personally. It’s the dollar market that does the trading. So, if you see anybody telling you to come invest in one trading of btc, it’s a scam. Btc is something you buy and keep!

If you want to invest in btc, you’ll have to do it yourself. Download Blockchain & register. After registration, you’ll see your private wallet. Then visit Paxful website, buy, for example $50 btc. It will be credited into the blockchain ( wallet) you created… Then leave it there.

Btc is now $112k. Let say you buy $50 today and tomorrow, it goes up from $112 to $130k, check your wallet, your $50 would have been around $80 - which means, you’ve gained $30. You can choose to sell the $30 and buyers will credit you naira into your account and you can choose to leave it for further $ grow. You can wake up another day and see that it has gone up again from $130k to $150k, your own money go grow up again..

That’s how to make money from btc..
Great, that's what I always tell people, no trading magic as a result of fluctuations.

Normally this period, around December btc normally drops, while around February investors would start putting money, but Trump utterances has actually impacted the circle both positively and otherwise
Crypto ATH was as a result of his speech after he worn election last year around September 5or 6th, same way his utterance just reversed the gains.
For long I ignored crypto trading but just on 8/10 I said let me add some money to my wallet, veeem it started going down early morning of 10th, I started swapping who sai, na him I just rush collect the one remaining there, it really pained me though I lost small amount.

Timing like I said above is also critical in crypto trading.
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Villagesquare: 5:41pm On Oct 12, 2025
MrTuthakhamun:
angry undecided Naive post, and misinformation, Trumps tariff didn't cause the sell off but whales selling off their stock of cryptocurrencies, this website is littered with bunch of wrong information
You cant know better than Bloomberg and other prominent news channel they all attributed the crash to Trump's tweet on imposing 100% Tariff on China.
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Kossyso: 5:42pm On Oct 12, 2025
Ignorance dey smell for here. How can one be so ignorant and be so proud about it?
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Villagesquare: 5:45pm On Oct 12, 2025
DeLaRue:
Been saying it for years, buying crypto is a loser's game. And it is a game. Exactly like playing Baba Ijebu or online betting, only more glamorous.

One Satochi, allegedly from Japan, created this thing, bitcoin, which he tagged a currency.

It is not backed by Gold, or government paraphernalia. You can't use it to buy bread, pay for transport or rent, or much else anything. It does not support any form of production. It is not even a physical thing you can touch or feel. It's basically just a number generated by a program/ code grin

A group of young Americans hyped it up, told the rest of the world it is the next global currency. They sucked in people from poor countries like Nigeria who pump money into it. And then those Americans manipulate how and when it falls and rises making sure they make the most money while the deluded and clueless ones from poor countries wallow in loses.

It is all fantasy. It is MMM.

I challenge anyone to explain here how it is fundamentally different from playing Baba Ijebu or online betting.
Relax Blockchain is the future. The earlier you get knowledge about it the better. Give Fiat next 20 Years, it will become useless.
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by Insectkiller: 7:01pm On Oct 12, 2025
Emmy000seun:
Nawa ooo, so this is another one hitting Nigerians only this year..after the other Ibadan base own 🙄🥲..I don forget d name self...seems it will be better to invest in a small farm business, or better still buying and selling even if it's a used car, repair and sell again.. at least you see your money with your eye and you can easily predict your earning than investing in all this invisible and uncertain investment that can be influenced politically..
Clap for your self...

Na now u just dey wake up
Re: $1.65 Trillion Global Crypto Wipe Out Leaves Nigerian Traders In Agony by OlawaleBammie: 7:04pm On Oct 12, 2025
PulaPower:
They’re telling you the truth cuz it will still rise back. There was a time btc was $3k, $5k, $10k… Now, $100k plus today..

If you sabi how to invest in the btc, it’s a very good investment! One of the best!

Btc is not something you trade by yourself, personally. It’s the dollar market that does the trading. So, if you see anybody telling you to come invest in one trading of btc, it’s a scam. Btc is something you buy and keep!

If you want to invest in btc, you’ll have to do it yourself. Download Blockchain & register. After registration, you’ll see your private wallet. Then visit Paxful website, buy, for example $50 btc. It will be credited into the blockchain ( wallet) you created… Then leave it there.

Btc is now $112k. Let say you buy $50 today and tomorrow, it goes up from $112 to $130k, check your wallet, your $50 would have been around $80 - which means, you’ve gained $30. You can choose to sell the $30 and buyers will credit you naira into your account and you can choose to leave it for further $ grow. You can wake up another day and see that it has gone up again from $130k to $150k, your own money go grow up again..

That’s how to make money from btc..
Bro please can I dm? I love this explanation please, I need more knowledge about it sir
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