₦airaland Forum

I also noticed that the actual power output of most panels are actually below their stated power ratings.
Is this standard practice or is that of jinko panel different?
Also what do you guys think of the quality of powmr lifepo4 battery compared to other reputable brands

HeavenlyBang:
LifePO4 - Valto and isangjohnson are builders, and Sako has excellent models that are cheap too

MPPT - Growatt, Deye, SRNE

Solar panel - Jinko ordered from Fouani is your best option by a distance

Is sako a builder too?
And how reliable are those of valto and islangjohnson

Bosses in the house, thanks for the inputs so far.
I wish to install solar system as I am tired of estimated billing rip off.
Please help suggest 2 or 3 best brands for each of these solar equipments

Lifepo4 battery
Hybrid mppt Inverter
Solar Panel

As many inputs as possible will be highly appreciated, to help streamline my decision

Locum Pharmacist Urgently needed
Location: bucknor, isheri oshun road, Lagos
Salary: very attractive
Contact: 0 812,56, 898, 60

Raphsays:
@op

I feel your pain, and it’s understandable to feel hurt and frustrated when people you helped in the past seem unresponsive or ungrateful now that they’ve achieved success.
Life can sometimes feel unfair, but I want to remind you of a few things:

1. Your Heart and Efforts Matter
You’ve been a good person—helping others win bets, sharing your winnings, and supporting friends during school.
Those actions speak to your kind and giving heart. Even if people don’t reciprocate, your generosity was never wasted.
What you sow in life often comes back, even if it’s not through those same people.

2. People Change
Sometimes success changes people, or they may have their own insecurities or reasons for not reaching out. It doesn’t necessarily mean they’re against you or don’t value what you did—it could just be their own way of dealing with life now.

3. Your Time is Coming
That vow you made? Hold onto it as a declaration of faith, not bitterness. Keep working, learning, and putting yourself out there. Surround yourself with people who will uplift and encourage you. Your breakthrough may be closer than you think.

4. Stay Focused on Growth
Instead of waiting for those who ignored you, look for opportunities around you. Network, learn new skills, and remain open to ideas from unexpected sources. Sometimes blessings come from strangers, not the people we expect.

5. Let Go of Resentment
Bitterness can hold you back. Release any anger or disappointment you feel toward these people. Your success will be sweeter if it’s fueled by hope and determination, not vengeance or pain.

You have the fire and determination to succeed. Keep pushing and believing.
Your story isn’t over yet; it’s just building up to a powerful chapter.

Kai, na human being you be!

Crypto trading shares similarities with gambling, but it's not entirely accurate to categorize it as such. Here's a nuanced view:

*Similarities with gambling:*

1. Volatility: Cryptocurrency prices can fluctuate rapidly, creating uncertainty.
2. Risk: Trading cryptocurrencies carries inherent risk, including potential losses.
3. Speculation: Some traders engage in speculative behavior, hoping for quick profits.
4. Emotional involvement: Fear, greed, and emotional decision-making can occur.

*Differences from gambling:*

1. Market dynamics: Cryptocurrency prices are influenced by supply and demand, adoption rates, regulatory changes, and global events.
2. Fundamental analysis: Traders can analyze blockchain technology, project fundamentals, and market trends to inform decisions.
3. Investment potential: Cryptocurrencies have potential for long-term growth and adoption.
4. Regulatory environment: Cryptocurrency markets are increasingly regulated, providing some protection for traders.

*Why crypto trading is not entirely gambling:*

1. Emerging asset class: Cryptocurrencies represent a new asset class, distinct from traditional currencies.
2. Decentralized nature: Blockchain technology enables decentralized, peer-to-peer transactions.
3. Growing infrastructure: Cryptocurrency exchanges, wallets, and payment systems are maturing.
4. Mainstream adoption: Cryptocurrencies are increasingly accepted by institutions, businesses, and governments.

*Why crypto trading can be considered gambling-like:*

1. Lack of education: Uninformed traders may rely on luck rather than research.
2. Over-leveraging: Traders may take excessive risks, amplifying potential losses.
3. Market manipulation: Pump-and-dump schemes, wash trading, and other manipulative practices exist.
4. Emotional trading: Fear, greed, and emotional decision-making can dominate.

*Best practices to avoid gambling-like behavior:*

1. Educate yourself on blockchain technology, cryptocurrency fundamentals, and market analysis.
2. Set realistic goals and risk tolerance.
3. Develop a trading plan and stick to it.
4. Monitor and adjust your emotions.
5. Diversify your portfolio.
6. Use proper risk-reward ratios.

Crypto trading carries risks, but it's not entirely gambling. Approach it with education, caution, and a long-term perspective to minimize risks and maximize potential rewards.

#Copied

GRACEGLORY:
Thanks for your take, boss. Your wisdom is that of angels.

Here's my perspective...

One look at the dictionary will tell you that investing and gambling are, at their core, startlingly different, hence, the English dictionary differentiates them. Only that, there are many investors who behave far more like gamblers, especially when it comes to the expectation of profit with associated risk.

According to the Oxford dictionary, a gambler is “a fraudulent gamer who habitually plays for money, especially high stakes.

An investor, on the other hand, is defined as “a person who commits capital to a business endeavour for positive returns

An investor puts money into what he percieves as assets, a gambler put money into what he percieve as chance. In futures, you have no asset nor can you HODL, you have nothing except chance. It's not the same in spot where you have an asset, tangible asset. 


In a spot market, you own the asset you buy. Spot trading involves buying or selling a financial instrument, commodity, or foreign currency for immediate delivery. For example, a spot trader might buy cryptocurrency at a specific time and sell it when the price increases. 

In a futures contract, you don't own the asset you're gambling. 

Trading or investment involves owning a commodity, gambling involves putting money on chance, no commodity, no asset, no nothing...

It’s essential for all of us to realize how easy it is to gamble under the pretext of investing.



Edited

Life isn't a gamble, for us in our kingdom... We have an expected end. Please, we must ensure we don't give our life to chance/gamble.



I AM NOT A GAMBLER!!! 

Your perspective is nice.
But your expected outcome is not 100% assured. You don't get to decide which of your investment turns out profitable, neither can you tell which must lead to a loss so as to completely avoid it.
Thus at the end it still ends up a probility.
That's why as a good technical analyst which you are, you always make use of the word "MAY" while forecasting.

Life itself is a gamble. Cos no one knows or can completely foretell their fate the next minute.
It's all a game of chance/probabilities.

We only try to avoid unnecessary risks and pray for success

freeman67:
Your capital is credited to your account when due.

Thanks

Pls how does t-bills settlement work on the secondary market? Will I need to sell it off or my capital will just be credited in my account on the due date.

Pls when is the next t-bills auction

youngestland:
you collect your interest upfront now. No fears for your capital naa

So what were the bonds guys complaining of, is it interest or capital?

Nakedman:
Treasury bill is entirely different from bonds

But it's the same debt management office that handles both

Nakedman:
What delay are you talking about?

I mean the delays that those who participate in bonds have been complaining about of recently

Pls have anyone experienced these delays with Treasury bills recently?

I just applied for t.bill with zenith bank, they just gave me a form to fill. But they didn't issue any form of document as a prof that I applied for t.bill.
Pls will they send me any mail or document if the purchase goes through?
I asked the lady about these things she just said I will receive a debit alert if the purchase goes through

Bluekapon:
When you walk in and ask for tbills, they automatically channel you towards the secondary market.

But I understand that some banks can bid for you directly at the primary market which offers a higher interest rate, however there's a minimum amount you must invest. I learnt Access is 50m, FBN is 1m, etc

I need more clarification on this.

Pls I am also interested in this.
I thought individual can now be bided for by the banks in the primary market for amounts
far lower than 50m

Good day fellow investors, I've been following the insightful comments on this thread and I must commend everyone.
But pls I need to know if these banks have investment houses where one can go to apply for t.bills or do I just walk straight to any bank Branch( for eg any zenith bank Branch if I am to use zenith), and apply for it?
Your comments and any additional info is highly appreciated.
Thanks

If binance knows what it's doing it will sue the govt for illegal/unlawful detention and kidnapping.

EponObi:
Thank you.

Banning Binance is the right move by the FG. But note that Binance isn't wrong but they have their faults too.

Binance P2P is not price discovery system like they said in their announcement. It's just a platform where users transact like we used to do here on Nairaland and LocalBitcoins.

However, there are some bad elements using the P2P system to sabotage the country. They've been spoofing the order book.

What will happen next is Binance and the FG sitting at the table to iron out a few things.

Everyone using Binance already kyc'ed. They can fish out the saboteurs. In fact, Binance has started removing suspicious accounts. Aside this, the FG will make a deal with Binance to protected Naira. Soon, people won't be able to quote prices that are outside the official naira rate on Binance P2P marketplace.

The FG can't ban us totally from using exchanges or crypto because crypto is taking up some of the responsibilities of the FG regards employment. Also, Tinubu has plans to tax crypto earnings. So it's a goldmine Nigeria and this government can't afford to miss.

My brother these last 2 paragraphs of yours right there is the answer to all these problems,.
Simply work with binance to put a cap on the quoted p2p price to always reflect the official exchange rate.
Simple!!
Instead of outrightly banning what is creating jobs you can't create.

jeejo:
I understand that what I am about to explain will earn me insults from a selected few individuals because the same culprits are active here on Nairaland, so I am ready for that as well.

If you go to Binance P2P, there is a heavy manipulation going on there, and from my deductions, most of the big Binance P2P Merchants are united in carrying out this manipulation. Some of them even have over 2 Million dollars worth of USDT in their Binance P2P Funding which begs the question whether these people are truly Nigerians or probably foreigners making money from destroying the Nigerian economy.

Many people might not understand the strategy these merchants use, therefore, I will try to break it down.

This is how the manipulation works:

1. Lets assume that the Naira to Dollar is currently exchanging at the Parallel market for 1,500 Naira. On Binance P2P, the group of Merchants will create multiple fake ads claiming that they will buy your USDT for 1,700 Naira(way above the parallel market price). I call these ads "fake" because they will set a minimum limit above 5Million naira, which means if you want to sell your USDT to them at this exorbitant rate that they created, you must be selling a usdt value worth over 5Million Naira at once. This strategy works in filtering out majority of average Nigerians that want to sell their USDT to these Merchants. Meaning these fake ads will remain at the top of the p2p "sell" section for as long as these group of Merchants want it to remain. And if by chance someone who has enough USDT to meet the minimum limit decides to sell to these merchants, they will simply cancel the trade, and create another ad.

2. Now because these group of merchants have filled the P2P "sell" section with these fake ads claiming to buy your USDT at an exorbitant rate of 1,700 NGN, they have automatically shifted the P2P price of Naira to USD to 1,700 Naira, and now they will be selling their USDT to the public under the "buy" section above 1,700 Naira. Now - unlike the fake ads they created with a minimum limit that is above 5Million Naira to discourage sellers for selling to them at this high rate - when they are selling their USDT at this already manipulated price, you will find limit as low as 4,000 Naira because they want to sell to the Public at the exorbitant price they created.

Binance P2P is the new AbokiFx where BDC operators get their current price of Dollar from. The fake price originating from there is in turn used by the BDC operators to set their Dollar selling prices even without any corresponding demand. But the interesting part is that these BDC operators won't buy from you at any rate close to the exorbitant price they are selling the dollar to you.
Here in Benin city, even though the parallel market price of Naira is above 1,600 Naira, the Abokis hardly buy your dollar for above 1,500 Naira but they will sell to you only above 1,700 Naira.

Some people might argue that if Binance is to blame, how come the official exchange rate is now above 1,500NGN to 1 USD? The answer to that is simple. Each time the rate in the Parallel market moves up, the CBN is forced to also adjust official rates upwards in order to close the gap between both windows or else the black market rate will be too wide that it will create an irresistible opportunity for round-tripping.

There is a huge rot in the entire BDC system in Nigeria that I don't think this CBN governor has any idea how deep it really goes.

Pls stop sounding fuulish. Its either you are one of the paid agents or you lack thorough understanding of what's going on.
This is what the govt. Should do-

1. Create an automated system through tech that would be used to disburse/ monitor Forex transaction and stop the issueing fiat dollar.

2. After thorough investigation, go after bank
Managers that sell Forex to politicians and use those the can catch as Scape goats ( that is if the top govt officials themselves are not complicit but, I doubt that), that is why they've neglected this major aspect.

3. Declare BDC and black market a major crime punishable by law and enforce it. Then banks must sell dollar to those who need it for business purposes

4.finally, instead of banning binance, work with them to place a price cap on USD which should be same as the official price from CBN
Thereby having a single exchange rate. Remember binance is creating job opportunity for our youth thereby reducing crime

Maculadensa002:
Exness
FXTM
DERIV

Pls howblong have you used them

Pls can anyone here recommend 3 honest Forex brokers with very good and transparent mt4 platform

Godsonkemz:
Based on my encounter with many of them, I've realized that Jehovah witness people are so damn wicked and heartless.

Cry of a disfellowshiped child

Courz:
The Kingdom Hall is serene as A first time observer. Keep going there and get to know the people and you will understand what Toxicity and Hypocrisy means. You will also notice Class distinctions and Cliques.

By the way, the Kingdom Hall is supposed to be serene because that is what is expected of them but the reception is where all of them get loose.

This one has been disciplined/disfellowshiped

GREATIGBOMAN:
You spend your whole lives abusing and cursing and tormenting Igbos daily on this platform.


You are all fools and idiots.


Those APC supporting idiots are the biggest tribalistic idiots causing division up and down.


Useless pigs


Lagos is no man's Land.

Come outside of Lagos and do your worst idiot.


We go team up with Abokis and Fulanis send all of una to Ogbomosho.

From your statement it's obvious you don't stay in Lagos. You should be ashamed of yourself and a coward for that matter.
Beware of senile individuals like this their aim is to cause division between the 2 tribes.
We should all be smart

Beware of AGGRIEVED PEOPLE TRYING TO TURN YORUBAS AGAINST IGBOS BECAUSE OF THE LAGOS RESULTS. BOTH YORUBAS AND NON YORUBAS VOTED FOR OBI.
PLS STOP THE TRIBAL HATRED.
IF OSINBAJO WAS ALLOWED TO COME OUT FOR APC HE WOULD HAVE BEEN MASSIVELY VOTED.

I hope all YORUBAS HAVE SEEN THAT IGBOS ARE NOT THEIR PROBLEM IN THIS COUNTRY. ITS CLEAR THAT ATIKU IS COASTING TO VICTORY(ALTHOUGH I DONT SUPPORT HIM).
SO YORUBAS SHOULD STOP BEING AFRAID AND ACCEPT THAT THE HAUSAS ARE THEIR PROBLEM, COS from the look of things they have being BETRAYED

Tboymessiah:
NasoLifeBe!!!

Abeg tell me the best soup person fit cook wey person go eat for three days....make learn how to manage my sef .. .. thanks

Na Ogbono soup, my guy

So 8 years of serious hardship is not enough hardship. So We have been enjoying? Kai, is it not clear that this people don't have solutions to the already present problems APC put us in? Instead of telling us about how they intend tackling the mess we are already in. This country and some of its citizens who still want to vote in this candidates are already cursed. So no hope

.