SaintUlot's Posts
Nairaland Forum › SaintUlot's Profile › SaintUlot's Posts
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Mrcapability7:I can see that what i said really pained you, but that's the biter truth, i have been in crypto since 2015. Seems you just want to be seeing testimonies of those who are cashing out, but it doesn't work like that, crypto is a two edged sword. Infact you can make money from the market and that same market will later consume what you already made as cashout. |
Leezah:How can one withdraw usd from the app? And is the app licensed by cbn and sec? |
sKeetz:90% of crypto investors have same mentality and i am not different as well, make money and dump, nobody is buying because of the underlining product, how many people are even using the so called underlining product. All the altcoins are pump and dump, just that some of them have some element of hope in their p and d. The last time bitcoin dumped by 82% from its ATH, ethereum dumped 90%, some other altcoins dumped from 95 - 99% and some don't even survive the dump. When another long bearish trend starts, all those institutional investors that said they won't sell will be the ones to first dump their bag holdings, it has happened before and it would happen again. |
narit:If you buy a coin now, shortly after, a confirmed fud started spreading about the project, no buy wall, no liquidity on exchanges, nobody is even willing to buy, the project team themselves have bolted, do you think you will be able to sell what you buy. There are lots of scam projects like that, once the coin is listed, the founder will dump what they have and zoom off, only those who sell on time will be safe. |
sKeetz:Majority of the people you are arguing with are noobs and some don't take a critical look, they are only looking @ the crypto market from the surface. Some of them have vowed never to indulge in ponzi again, so they felt somehow when you called it an advanced ponzi. But unfortunately, that's what it is, except if we are scratching the whole thing from the surface and we try as much as possible to ignore those aspect of the crypto market. Nevertheless, ignoring it doesn't change what it is. |
sKeetz:Some people don't like hearing that though, but that is what is it, any money you make, is another person's money and when you lose too, your loss is someone else profit, but since everybody knows the risk they are taking with their money, it's nothing. |
sKeetz:Not selling on time to cut your loss, could be your undoing. Any coin you buy on a big exchange like binance for Example, if the coin is delisted, forget it, it is a loss. When a coin sufferers an hack or 51% attack, forget it u are in loss, the more you hodl, the more you go deeper in loss. When a project is abandoned or founder exit scam, forget it you are in loss. When a project founder dies or the core brain in the project team dies, forget it you are in loss. When you buy @ the top during a pump and dump, forget it you are in loss. When you buy an overpumped or overvalued shitcoin,my brother your loss is follow come. When you buy a coin @ prelaunch and the launch price is lower than the prelaunch price, na loss for you. When you buy a coin @ prelaunch and the project couldn't get listed in an exchange or got listed in a shitty exchange, you know what would happen already. There are other scenarios that could lead to irrecoverable loss, but these are the ones i can remember for now, so forget that you don't lose until you sell, selling on time with minimal loss might be your total loss escape. When any of the above happen to any of the coin you are holding, forget it there is 90% assurance that you are in an irrecoverable loss. The remaining 10% is the probability that you might have a slim chance of getting out of your loss miraculously in future. |
kelvinrhs:If truly you lost your your savings, how did you get this fresh money? |
Ojemedad:Because you don't want to show people that you have arrived so that your enemies won't increase. Lots of people have bought houses and tear rubber rides this month in this thread. You can start from Tesla model 3 it is just 38,500usd that's 0.7btc. |
Haryoureendey4:How much did you send to him? |
wanderingsoup:During bullish run, everybody is a guru. During the last bear market that lasted 3 years, that's when i knew that there is nothing like crypto guru. All fundamental and technical analysis failed all of them, all good news that came up had no influence on the market, all we had was dead cat bounce. Anticipate for that bearish market again, no prayer can stop it, that over 2 trillion usd market capitalisation you are seeing today will still come down to 50 - 300 million usd market cap. In crypto, anything that goes up would always come down, but some might come down and may never go up again. |
Make btc crash to 50 cent for a start, make all of us start all over again. Market reset is allowed. |
lexy2014:The definition have answered your question, there are lots of other underlining problems responsible for the few spaces, but overpopulation further compounded the problem. Look @ this scenario for instance, A man who is a security man got married to a petty trader and they gave birth to 8 children, you should already know that, that is poverty raise to power 10. Compared to another scenario where such man and his wife doing same job who gave birth to 1 or 2 children. The second family will live a better life than the 1st family, though both of them are poor, but in the situation of the 2nd family they are just four of them depending on the family meagre income, compared to the 1st family of 10. China has more population than Nigeria, but it doesn't mean they are overpopulated, they are harnessing the advantage of that population to increase productivity, their population is an asset to them and not a liability like in the case of Nigeria. They don't have redundant population, they produce enough goods and services that will take care of the population and they still have more than enough to export to other countries, now compare that to Nigeria that can't even feed its citizens. When you have a high population that are unproductive, it will become a burden and that is the condition in Nigeria. Hope i have taken my time to educate you a little bit. |
omokudu:The guy is right, 24 is same as below 30, just that below 30 is wider than maximum of 24.More applicants can be accommodated with below 30. |
quest4s:Do you have any link to the news which says LG has closed shop? |
Oshomo12:I mentioned pumping machine and electric iron because that's what consumes the most electricity of all the things i intend to run. Others are one freezer, television, fan and light saving bulbs. Is Lifepo4 battery the best for solar backup? What is the price and how many years can the battery lasts? |
Ten06:Can you imagine, a laptop now become what someone will be ashamed of carrying in Nigeria. |
ojuu4u:When you don't know something you ask calmly and the guy will be more than willing to explain to you. Nobody knows everything. The fact that he said he makes so much in one single trade doesn't mean he won't lose heavily in some other trades. Cryptocurrency is an high risk investment. Money made from cryptocurrency is someone else's loss, no free money anywhere and that's how the money will be circulating depending on how knowledgeable you are about the market trend. Everybody trading cryptocurrencies knows the risk involved. |
studentofTruth:Don't mind them, it is ignorance coupled with envy. I use to educate people whenever i am chanced, that there are over 200 ways to make money via the Internet, Internet fraud is just one out of the over 200 ways. |
lexy2014:Overpopulation is when the population of people is more than the available resources, which is what is currently happening in Nigeria. China that you are talking about is a manufacturing hub, they export a lot and their huge population is creating value. The only resource that is growing in Nigeria as the population is growing is building of more churches, now tell me what economic benefit. building of more churches creates. Just imagine if all those churches were to be a manufacturing hub, just like it is in China,believe me, as universities are admitting new students, companies would have booked down graduate even before they graduate. |
Oshomo12:Like how much will one spend to achieve this and will i save money ditching phcn and their estimated bill on the long run, taking into account that solar back up batteries don't last more than 5 years and the battery is the most expensive of the set up. |
PeaceIlya:The exit strategy you should be talking about is exit strategy from the crypto market, because the market is long overdue for long bearish cycle to set in. |
Leezah:What's the rate for conversion on the app. |
Many people have confirmed that going solar is better than running generator, but nobody has confirmed that it is better than PHCN afterall. Lets assume you live in an area where PHCN supply light regularly, but estimated billing is suffocating you because they refuse to deploy prepaid meter and you wish to go solar 100%. The challenges one will face is that using appliances like pumping machine and pressing iron will drain the solar system faster and to put up a set up that will accommodate those two appliances seamlessly will increase the solar setup budget sporadically. |
Sunywa:It has been long sold, but what has January got to do with the phone i advertised? You need to have a change of mentality, the fact that say you don't always have much money during every January of the year doesn't mean it is the same for everyone. Some people in this country spend more than 100k for breakfast alone, so don't always assume that as he dey do you, na so e dey do everybody. |
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Gleez:Bittrex, poloniex are credible alternatives. |
dikgwejane:What if things don't work for him in another country? That's like gambling with his last card. |
fergieboy:When others are greedy, be fearful. |
Danfo buses in ibadan, once rain starts they will be looking for where to hide from rain. Still buying all Gift cards @ good rate https://www.nairaland.com/3908406/best-farsell-all-itunes-amazon WHATSAPP:https:///s/saintulot |
That's the effect of electing bad leaders. Building materials have cost. In the last one year the prices of some home fittings have increased between 100 - 200%. There is no way prices of rent won't go up because the cost of production has increased. Don't blame landlords for the increament, blame the government. Prices of every commodity have gone up in the country. Those people who collected two cups of rice to vote in wrong candidates are seeing the result now, all the dividend of democracy of living a meaningful life they already exchanged it with two cups of rice. |
haryodehjia:The crypto market is majorly to pump and dump. Forget all those underlying technology, the crypto market is a speculative market, we are romancing the market to make profit and dump @ the right time without sentiment , because if you don't dump @ the right time, another person will dump on you. |
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