Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,165,355 members, 7,860,936 topics. Date: Friday, 14 June 2024 at 07:22 PM

Sibbb's Posts

Nairaland Forum / Sibbb's Profile / Sibbb's Posts

(1) (2) (3) (4) (5) (6) (7) (8) (of 8 pages)

Celebrities / Re: Kanye West Had Sushi Served On A Naked Woman At His 46th Birthday Party by Sibbb: 3:29am On Jun 13, 2023
I like it, white bitch
Celebrities / Re: Sophia Momodu To Change Imade's Surname by Sibbb: 1:04pm On Jun 07, 2023
HacheNoire:


You won’t live long!

Those in polygamy will even advice you against it. It’s always a family of mad people.
Na poor man nor dey live long with polygamy
Celebrities / Re: Sophia Momodu To Change Imade's Surname by Sibbb: 1:09pm On Jun 06, 2023
I wish I had money and fame like Davido, more baby mama’s to me

8 Likes

Politics / Re: Apologise To Jonathan, Okonjo-Iweala - Peterside To 2012 Subsidy Removal Critics by Sibbb: 3:51am On Jun 05, 2023
seunmsg:


The part in bold is wrong. Very wrong. Government is not paying subsidy because we import petrol. Government pay subsidy because Nigerians don’t want to buy petrol at market determined price. We want to buy petrol at a price regulated below the cost of production and profit margin of petrol importers and refiners. Let’s understand this and not confuse each other, please.

You are a donddy

1 Like

Career / Re: How I Decided To Learn Handiwork At 45. by Sibbb: 12:29pm On Jun 01, 2023
solmusdesigns:
cool



Just try and get a passport and apply for foriegn visa Sponsored welding jobs, go on jobs indeed and other job portal with a euro style CV



.
Wrong advice, don’t leave your supportive wife. You can make it in Nigeria. Not everything that is about abroad

2 Likes

Travel / Re: I Asked Russian General And Soldier To Say Hello To Nairalander by Sibbb: 1:21pm On May 28, 2023
mixratio:



In the Bible, when moses sent spies to ho and check out the enemy land, most of them came back with bad report except for two who came back with good report.

People see thing differently.

A place you see as your greatest mistake might be another persons best decision.

Different strokes for different folks.
Okay
Investment / Re: Crypto Currency Investors Thread by Sibbb: 5:06am On May 28, 2023
twosquare:
My bro....profit is profit...that is why i said it is subjective...what is profit to me may not be to you or a whale for that matter. Even if it is 5$ increase from 100, making it $105, it is still profit...but when you get $95, it is loss right?

I understand your point but if I'm waiting for a substantial amount to gain before I sell, I may never be able to gather much. For 2 days now, the little scraps I gathered is around $30 gain...small, yes, but if I can repeat that feat every 2 days in a week, that's $30 x 6 = $180 (N135k)...135k every week for 3 weeks is 405k. I deliberately removed the 4th week. Know that these are just postulations...and don't tell me someone in this present day Nigeria with 405k won't do much despite our currency devaluation.

I just want you to see the big picture...people don't celebrate little wins and that little drops make an ocean. If we all on this thread are waiting for a big profit before we call it profit, then we will all wait for God knows when till the market clears us all out.




Your idea of trading coincide with mine, before I used to look at the money gain in trading, wrong. Now I look at the percentage gain. If I can make 2% profit on 100$ consistently then believe me it is just a matter of time before I become a multi millionaire.

5 Likes

Travel / Re: I Asked Russian General And Soldier To Say Hello To Nairalander by Sibbb: 1:11am On May 28, 2023
mushroomFarm:
Hello guys! No much story.
Life in Russia is going on smoothly. You can check my old post here on Nairaland about life in Russia.
.
Racism is at Zero level
The love for black people is awesome!
They invite us to participate in movies and advertisements all the time. This is the kind of white man's land where any foreigner can be loved.
.
.
However, my post for today is about something different grin grin
I went on excursion to a paramilitary camp in Yakutsk, Russia, (coldest city in the world) to make some video documentaries about some vintage Russian tanks they have there. (I am still editing those documentaries)
.
However, at the end of my shooting (the main video) I decided to do something crazy. Walk up to Russian military (A general and a field soldier). I asked the Russian General to say hello to Nigeria and he gladly did it even with a salute!


I asked the soldier boy to say hello to my favourite Nairalander ( falseprophet1 ). (His funny false prophecies always make my day! One of the reasons why Nairaland is still so much fun for me grin grin) He understands English to some extent, so he bursted out laughing realizing that someone's name is 'falseprophet' grin grin
.
.
I am hoping falseprophet1 will find this post. I added a few pictures of myself with some Russian girls I play table tennis with at my dormitory every night. Falseprophet1 please prophecy into my life abeg grin grin grin grin
.

https://www.youtube.com/watch?v=BFtXpAE6FFg

One question for you
2
What do you stand to gain by coming here to deceive Nigerians?

Bragging rights, prestige, paid by travel agents, or you want others to fall in the trap?

1 Like 2 Shares

Travel / Re: I Asked Russian General And Soldier To Say Hello To Nairalander by Sibbb: 1:04am On May 28, 2023
Habsolate:
No job in Russia Federation, if you wanna Japa rather go to Western Europe or places like US UK AUSTRALIA CANADA. Those are the places where I think one can easily integrate into society, as for Russia I traveled far and wide searching for jobs the only available job in Russia are labourer in construction site, giving out flier to passerby, supermarket job that's all which you may not even get at all. Then we were like 10 but unfortunately none make a headway.
Exactly, the guy just come online and typing lies, I don’t know what he stands to gain. I am in Russia and believe me, coming to Russsia is the biggest mistake I’ve made in my life

4 Likes

Travel / Re: I Asked Russian General And Soldier To Say Hello To Nairalander by Sibbb: 1:02am On May 28, 2023
Habsolate:
He who have ears should hear or rather listen, Russia is no go area I've been there for a Year, no where in Russia you can make such soft cash of about 600000k Naija money even in the Almighty Moscow city is not applicable, To cut it short, Russia pay monthly salary like highest 40000Rubles(210000K)which I know it's a cut throat task to even get in Moscow.
I think my guy is in "Tambov" if I may guessed.
Those bushy hair was caused by Russia SAPA
I don’t know what people gain by coming online to deceive their fellow Nigerians, I just keep quiet because if I drop facts about him gullible Nigerians will come for me. But he is a lier. He exaggerates

1 Like

Family / Re: I do not feel loved by my wife, Is this enough reason to quit my marriage? by Sibbb: 8:30pm On May 24, 2023
Kobojunkie:
All I read is you equate love with sex and your wife denying you sex means she has no love for you. And you somehow think the blame should all be on her as far as the problems you perceive in your marriage, no be so? **yawn***undecided
Sex = love
Crime / Re: Maid Arrested For Raping A Small Boy by Sibbb: 10:53am On May 22, 2023
RomanGreen:
Ndi career women, stay home and take care of your new born, you say no that your career is more important, you left motherly duties to a maid who's probable sex starved and never experienced parental love to care for your child and you expect the best, you must be delusional, that's why we have many terrible teenage rebels in the society. You woke women enable these maids in their atrocities and turn around to wail about being victims.
The role of a wife is to take care of the children, Gen Z mothers say them be career women, las las na bad children go full everywhere.
Imagine we that have some home training still dey do small bad bad things wot of those that don’t have home training?

1 Like

Investment / Re: Crypto Currency Investors Thread by Sibbb: 11:58pm On May 20, 2023
Oyindamolah:
JUST IN: 🇺🇸 White House says the stock market will crash by over 45% if US defaults on its debt.
Source please
Investment / Re: Crypto Currency Investors Thread by Sibbb: 12:22am On May 14, 2023
Emmizay12:



crypto trading is a personal journey, just go do your research and live with whatever results you get

if you still at the stage where another person's portfolio influences your trading decisions, you need to LEARN before you think to EARN

Nairaland is a forum and a forum is meant for discussions like this, sometimes itk nor good.
Well, I’m building on
MATIC
OP
Sol
Dot
Eth
Doge
Etc

4 Likes

Business / Re: Elon Musk Names Linda Yaccarino As Twitter's New CEO by Sibbb: 4:09pm On May 13, 2023
Musk must dey shag this one, I trust that dude
Pets / Re: Nigerian Man Throws Birthday Party For Pet Dog (video) by Sibbb: 11:11pm On May 06, 2023
Mumuity, They should swear in Tinubu fast, is like the country is becoming too comfortable for the youths

1 Like

Politics / Re: Ekweremadus: Those people can kill me, I want to remain in the UK - Nwamini by Sibbb: 2:09am On May 06, 2023
We have all been on this shoe before, in the process of making things right we end up getting ourselves burned, I pity the Ekweremadu’s
Investment / Re: Crypto Currency Investors Thread by Sibbb: 10:53pm On Apr 12, 2023
Checking the 1week time frame both MA and EMA, Btc is highly bullish, only bad economic news will make Btc tank.

2 Likes

Business / Re: Have You Ever Transferred Money To The Wrong Account? by Sibbb: 3:26pm On Mar 30, 2023
Yes I have, I think it was around 2019, I was supposed to transfer to my friend account because he was to bail his car, 150k, I tried using my app but the stupid app was misbehaving, I hurriedly drove to the nearest ATM, I wrongly put the last number without checking the names because the machine didn’t display receiver name, I think I used the wrong section for transfer. Long story short we discovered after 2 days, I went to the bank to make complaints, bank manager ask me to go take police and court report before they can check if the money is still in the receiver’s account. Luckily after some discussion with the bank manager he called the receiver, a lady in port harcourt. Good people are still in Nigeria, the money was still intact and she said she’s waiting for the sender to call and return the money. God bless her wherever she is now

3 Likes

Investment / Re: Crypto Currency Investors Thread by Sibbb: 2:21pm On Mar 30, 2023
XaToXi:


Trading at 1x leverage is like trading spot, and there is no liquidation at 1x leverage or spot.

You can however have losses if the trade doesn't go your way which is why some people put SL so they can cut losses early and enter another trade. With proper R:R (1:3 or greater) you can come out in overall profit if you win more trades than you lose because your wins are bigger than your losses.

If you have $1000 and you buy btc with it on spot, it's the same as buying btc with it at 1x leverage on futures. In some rare cases, you might need to account for funding fees but you can hold that position at 1x for years without risk of liquidation, just like spot.

If you now decide that you do not want to trade with all your $1000 on 1 coin, you can use 2% of it at 50x leverage ($20*50x = $1000) to get the same $1000 position size. The remaining $980 serves as extra margin/collateral and as long as your debt is not greater than your collateral, you will not be liquidated.

However, if you decide to open more than 1 position with 2% of your capital each at 50x leverage, your effective leverage will no longer be 1x .

If all the positions you open do not use more than 2% of your capital jointly at 50x, your effective leverage remains 1x.

If you want to know the actual leverage you are trading on regardless of what you set, keep an eye on your risk %

In the pictures below, you can see that I'm actually trading at less than 5.2x effective leverage, no matter what leverage I select for that pair (5x or 25x).

My position size (debt/collateral ratio) determines my effective leverage (5.14-5.17x) not the leverage I choose (5x or 25x).

Got your explanation clearly, I thought you were using isolated margin. However it doesn’t erase the possibility of liquidation totally , it only helps to minimise it. Thanks for the explanation

3 Likes 1 Share

Investment / Re: Crypto Currency Investors Thread by Sibbb: 2:03am On Mar 30, 2023
XaToXi:


Olodo.

Position sizing is more important than leverage.

2% of your capital at 50x leverage = 100% of your capital at 1x leverage.

Is like I’m missing the meaning of liquidation, somebody please explain to me how I can never be liquidated if I trade with 2% of my capital at 50x, even 5x can be liquidated.
The 2% you use to trade, explain how it can never be liquidated, maybe I might start using the strategy.

1 Like

Investment / Re: Crypto Currency Investors Thread by Sibbb: 7:12pm On Mar 29, 2023
XaToXi:


You didn't read what he wrote weil.

You can never be liquidated if you use 2% of your capital at 50x leverage or 1% at 100x leverage.

Don’t say never, 50x is a high risk trade, even if you use 1$ in trading it, the risk is much.
If you are using 2% of your capital in trading that means you are not confident of your strategy and you are more of gambling.
I trade futures no more than 5x, and I use 80% of my capital because I trust my strategy and the risk is lesser , rosy management is key. Over leverage is like taking alcohol and driving on speed above 200km/hr
Investment / Re: Crypto Currency Investors Thread by Sibbb: 5:18pm On Mar 29, 2023
randy01:


you loss much money because you want to make it overnight and crypto or Forex is not a get rich quick scheme.

I said trading 1-2% of your account.1% of $1k account is $10 and 2% of $1k $20 and I said opening future trade with $20 with high leverage on one-two percent gave rest of mind.

For example on my below screenshot with +618 percent profit I open it with$20 and I set stop loss to lose $9 if the trade go wrong inside$20 cuz I have no control over market and loss is bound to happen.when the trade get to +100 I close half move my stop to entry leaving$10 to run on the trade.when it get to +600.i close with+$60 profit.that +$70 on one trade.it depend on setup I get if it's look good I commit just 2-3% and if it looks like gamble I commit 1%.

50x and you say you are doing risk management, oga you are gambling, go learn risk management
Crime / Re: Emmanuel Odunlami Murdered By Robbers In UK Over ‘Fake’ £300k Watch by Sibbb: 2:32am On Mar 09, 2023
Andrew Tate do repeatedly complain of the violence, degrading safety and arm thugs in the UK, one reason he relocated from there
Politics / Re: Atiku, Dino, Ayu, PDP Members Protest In Front Of INEC Office (Pictures) by Sibbb: 1:43pm On Mar 06, 2023
Haha, shey PDP say dem sabi rig, APC teach them RIGGING 419
Politics / Re: APC Wins Two Senatorial Seats In Delta by Sibbb: 4:21am On Mar 01, 2023
Omo agege is our next governor

262 Likes 5 Shares

Politics / I’m Shocked by Sibbb: 6:51am On Feb 28, 2023
After all that happened in the last 8 years I can’t believe some people still want their oppressors to continue punishing them
Politics / Re: INEC Declares LP's Ginger Onwusibe Elected In Isialangwa Fed Constituency (pix) by Sibbb: 12:43pm On Feb 26, 2023
If you hear your name enter the house

Obi…. enter
Datti….enter
Ireti….enter
Labour Party … enter





The rest try next four year

4 Likes 1 Share

Politics / Re: Live Results From The Labour Party Situation Room As At 8am Today. by Sibbb: 12:14pm On Feb 26, 2023
Obi will definitely retire these set of politicians

1 Like 1 Share

Politics / Re: The Biggest Winner Of This Election Is The North - Reno Omokri by Sibbb: 12:01pm On Feb 26, 2023
Reno is only trying to give himself little consolation, It is evident so far Obi as won, unit by unit, lga by lga, E go shock them
Politics / Re: 2023 Presidential Election Results From Northern Nigeria by Sibbb: 7:16pm On Feb 25, 2023
Good job Kwankwaso, Obi has already won this election

8 Likes

(1) (2) (3) (4) (5) (6) (7) (8) (of 8 pages)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 48
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.