TransAtlanticEx:
I never jakpa because I have a d make good money in Nigeria.
So no need for me to jakpa or go anywhere.

You no go like jakpa go breathe better air?

OgogoroFreak:
You no go like jakpa go breathe better air?

I breathe a lot of fresh air in Nigeria courtesy where I live
And yes ,I don't benefit any shishi from the fucking govt.

emmanuelewumi:



I don't give stock recommendations, currently not buying anything until April

You can do well to give us a hint of your picks??..

"The best time to buy an asset is when no one’s talking about it; the worst time to buy is when everyone’s talking about it."

awesomej own na extra ordinary. Even the CBN governor as I de look am so will probably not had celebrated the growth in our reserve as the awesomej guy was. He even calculated the 141 million dollars when de on top.

NL1960:


Some of us do not have any option than to be optimism about the country because UK, Canada, US, Australia, Ireland will not be able to accommodate all of us. So some of us gotta remain here.

awesomeJ:
There's even an extra $141m on top!

Reserves now at $36.14bn

10-month high.

Thank God!

We stay in faith now for $40bn.

emmanuelewumi:



I don't give stock recommendations, currently not buying anything until April

I go wait till April then

This is a stock recommendation you have just given.

emmanuelewumi:



I don't give stock recommendations, currently not buying anything until April

jedisco:


You see what I told you about bull markets and stoploss hunts... You put your stoploss too low, you may end up selling the bottom of a pullback. Font be surprised you buy higher if you sold at 1k. Risk management can be tricky so I don't bother too much about stop losses on spot once I have a good entry In a bull market, I like days like this... It's a loading opportunity.

We've just had our first major pullback. More will still come and be bought up. That will continue to drive the euphoria until we get a blow off top and most folks will think its a pull back.
The selloff today was do obvious price was being supressed. Betece selloffs are not this gentle...

For those in altys, this is a blessing... I expect some retest of support again today and before the end of the week, most should be above what they started the week with. Already a good number of them are outperforming Eith which is a marker that we may see some crazy percentage pumps in the next few weeks.

I was able to re-enter at a fair price below my last exit.

1kinggy:


I was able to re-enter at a fair price below my last exit.

Good you were able to get in again... But that's the dilemma in putting your stoploss too low.

30k betece seems to have held with insane volume. I was hoping for a wick to 28k this time but didn't get it. I'm still waiting for how today and tomorrow plays out. We may be forming a floor. Getting above 43k is a battle for now. But once it does that, another leg up should ensue.

Either way, I'm well loaded in certain altys. This selloff should give them a good breather to run. I just hope betece ranges a bit before another big move. As expected, a good number have got back to levels they were before the selloff and some are already approaching previous all time highs. I'm using a stop loss this time and al least until next week until there's good clarity on the market.

CBN Raises Treasury Bills Rates Amid Rising Investor Appetite
https://businesspost.ng/economy/cbn-raises-treasury-bills-rates-amid-rising-investor-appetite/

If I am CBN, I will take note of those who kept faith with us during these low rates and ensure they become the only ones that benefit from future increases in rates not we that are their fair weather friends.

Uniquisite:


Stop rate for the 91-day bill was raised to 0.50 per cent from the previous 0.04 per cent, the 182-day tenor rate was lifted to 1.00 per cent from 0.50 per cent, while rate for the 364-day maturity was moved up to 1.50 per cent from 1.21 per cent.

jedisco:


Good you were able to get in again... But that's the dilemma in putting your stoploss too low.

30k betece seems to have held with insane volume. I was hoping for a wick to 28k this time but didn't get it. I'm still waiting for how today and tomorrow plays out. We may be forming a floor. Getting above 43k is a battle for now. But once it does that, another leg up should ensue.

Either way, I'm well loaded in certain altys. This selloff should give them a good breather to run. I just hope betece ranges a bit before another big move. As expected, a good number have got back to levels they were before the selloff and some are already approaching previous all time highs. I'm using a stop loss this time and al least until next week until there's good clarity on the market.

I'm not in ant bitisi play as we speak. Only ALTS and stables. i still dey stables, make i no over expose myself.

This is hilarious for a free market.

Thank God you're not CBN

ojesymsym:
If I am CBN, I will take note of those who kept faith with us during these low rates and ensure they become the only ones that benefit from future increases in rates not we that are their fair weather friends.

— Digital currency will replace the U.S. dollar as the dominant currency
— Electric vehicles will eliminate ICE
— Marijuana will replace alcohol and tobacco as the recreational drug of choice
— Space travel will become the new logistics platform
— Space tourism will displace beach vacations
— Home sharing will replace the hotel industry
— Autonomous driving will replace human drivers
— Plant-based meat will replace animal meat
— Food delivery will fundamentally alter consumption patterns
— Gyms, calisthenics, and merely going for a jog will be replaced by digital workout platforms
— Video conferencing will replace in-person meetings

The world is evolving.
If you wait, you waste.

I love being aspirational but at least 5 of those things you mentioned above isn't entirely true. We should change the word "replace" to "augment".

Drones are still facing technological, security and regulations issue so space won't be the new logistics platform, even by 2050.

There's still profound struggle in moving people to the Mars in mass, so we are still very far away from democratizing space tourism, not even in 2050.

Airbnb has made the home sharing concept feasible but people that want to hold conferences or have business meetings will not do that in a shared apartment, home sharing won't replace hotel industry even by 2050.

Plant based meat still faces a lot of backlash from dieticians, and it will struggle to gain traction in the public, so animal meat is here to stay, even by 2050.

Running, jogging and eating healthy will always be the easiest and most affordable ways to healthy living. It costs $2,000 to set up a Peloton home workout kit. So no, running will never be replaced even in 2050, it's easy and free.

Alright, I just created my blockchain wallet, i tried to buy Bitcoin directly from the wallet, the price displayed on the first page says $39,500 but when i tried to choose a means of payment it says the bitcoin value at the point of sale is now $40,600. I went back to the previous page and re-confirmed the initial price of 39k was unchanged but at the point of sale the price goes up to 40k+, is this normal when buying directly from blockchain and is it advicable to buy directly from blockchain?

jedisco:

Just like @einsteine said above, I will add 2 things...

1. Just like most international traded commodities/securities suvh as gold, silver, oil e.t.c most folks who trade it follow it's value in dollars for uniformity. It's value in naira or any local currency would be a based on the dollar value of the assest and how that currency converts to the dolar at any given time.
For example, if one unit is 42000 dollars, it's value in naira is = 42000x 470 (exchange rate). We know that the exchange rate of the naira is all over the place so following the value in naira also has that extra volatility.

Now, to what I believe is confusing you. One b1tco1n can be divided into much smaller units. So if the value of one is 20million naira, and you buy a sum of 1 million, what youre buying is 0.05 b1tco1n.

2. I wouldn't absolutely stay off buying anything from nairaland. There are regulated and safe exchanges which are readily available. What you may be sold here may just be nothing

1kinggy:



I'm not in ant bitisi play as we speak. Only ALTS and stables. i still dey stables, make i no over expose myself.

Went bigly into some altys thjs last dip.. followed most with a stop loss. The beauty of a bull market is when you buy a proper dip, within a short time, your portfolio go dey make u smile....
It betece can get above the 42k level, then I expect Eithy to break its ATH with good volume. Once Eithy does that, it could hold up the market on it own while it accelerates

Comeandcollect:
Alright, I just created my blockchain wallet, i tried to buy Bitcoin directly from the wallet, the price displayed on the first page says $39,500 but when i tried to choose a means of payment it says the bitcoin value at the point of sale is now $40,600. I went back to the previous page and re-confirmed the initial price of 39k was unchanged but at the point of sale the price goes up to 40k+, is this normal when buying directly from blockchain and is it advicable to buy directly from blockchain?

I have no idea what this blockchain wallet is. Did a quick search and it seems like an online wallet.. If you're buying for the first time, it's much easier, cheaper and less of a hassle to buy on exchanges.


We have mentioned a few here on which you can easily sign up in Nigeria and pay in naira. I'd advise you use those.

Also, as an advise, moreso if you plan on buying much, it's better to open a completely new email account for it. One which you wouldn't be using for other online activities.

yazga:
— Digital currency will replace the U.S. dollar as the dominant currency
— Electric vehicles will eliminate ICE
— Marijuana will replace alcohol and tobacco as the recreational drug of choice
— Space travel will become the new logistics platform
— Space tourism will displace beach vacations
— Home sharing will replace the hotel industry
— Autonomous driving will replace human drivers
— Plant-based meat will replace animal meat
— Food delivery will fundamentally alter consumption patterns
— Gyms, calisthenics, and merely going for a jog will be replaced by digital workout platforms
— Video conferencing will replace in-person meetings

The world is evolving.
If you wait, you waste.

you forgot to add that humans will become semi-human/ human-robots where you’ll have no mind of your own. You will own nothing and you’ll be happy.

OgogoroFreak:
At 55m, that a f*cking expensive land.

How can one buy beetcc in huge sum at once? Some of the sellers on localbiitcccoin which has been my major trading site only sell in small unit.

Do you know the purchase cap for binance at once?, and it seems they only accept card transaction. I'm looking at how I can upload funds on an account then purchase bbttcc when I deem it right, like I won't buy the coins outrightly, which of these big tech practice such?

Akin3891:


How can one buy beetcc in huge sum at once? Some of the sellers on localbiitcccoin which has been my major trading site only sell in small unit.

Do you know the purchase cap for binance at once?, and it seems they only accept card transaction. I'm looking at how I can upload funds on an account then purchase bbttcc when I deem it right, like I won't buy the coins outrightly, which of these big tech practice such?

A fully verified binance account can be funded with up to 20 million naira a day and 400 million naira a month.

I just opened binance, they allow deposit of up to £50k, with that you are guaranteed to buy 1.2 BTC or more. My only concern is safety and their customer service, their feedback rating on trustpilot is 2.2/5.
They suffered a major hack in 2019 where 7000 BTC was lost but I don't know if they repaid customers.

Let me know your thoughts

Akin3891:


How can one buy beetcc in huge sum at once? Some of the sellers on localbiitcccoin which has been my major trading site only sell in small unit.

Do you know the purchase cap for binance at once?, and it seems they only accept card transaction. I'm looking at how I can upload funds on an account then purchase bbttcc when I deem it right, like I won't buy the coins outrightly, which of these big tech practice such?

Akin3891:


How can one buy beetcc in huge sum at once? Some of the sellers on localbiitcccoin which has been my major trading site only sell in small unit.

Do you know the purchase cap for binance at once?, and it seems they only accept card transaction. I'm looking at how I can upload funds on an account then purchase bbttcc when I deem it right, like I won't buy the coins outrightly, which of these big tech practice such?

It's surprising most guys dont use known exchanges here... That's where the whales are... Folks buying hundreds of betece per sec.

You can deposit via bank transfer on binance and they use a standalone payment portal which is relatively fast.

It's not the best to buy large amts at once though. I prefer to average in with time.

Comeandcollect:

I just opened binance, they allow deposit of up to £50k, with that you are guaranteed to buy 1.2 BTC or more. My only concern is safety and their customer service, their feedback rating on trustpilot is 2.2/5.
They suffered a major hack in 2019 where 7000 BTC was lost but I don't know if they repaid customers.

Let me know your thoughts

I really don't know more about binance but I've traded huge sum with localbittcoiiinns in the past n I experienced peace of mind with them, it's more of a buy and sell platform while binance offer more ,such as live trading.

I verified my binance acc since a year ago, just learning how to make good use of it now.

jedisco:


It's surprising most guys dont use known exchanges here... That's where the whales are... Folks buying hundreds of betece per sec.

You can deposit via bank transfer on binance and they use a standalone payment portal which is relatively fast.

It's not the best to buy large amts at once though. I prefer to average in with time.

Do they accept local transfer?, The last time i tried to fund via transfer, I remember it's an international bank details that popped up. Which are the known and reliable exchangers you know?

I'm hoping to buy some coins n keep for like 5 yrs

Just saw this on linkedin

Akin3891:


Do they accept local transfer?, The last time i tried to fund via transfer, I remember it's an international bank details that popped up. Which are the known and reliable exchangers you know?

I'm hoping to buy some coins n keep for like 5 yrs

Use P2P on Binance