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StudentofTruth's Posts

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Investment / Re: Crypto Currency Investors Thread by studentofTruth: 6:09pm On May 08
I have the feeling that the emperor, through his cronies, will create a crypto firm in the coming months where they want all Nigerian crypto enthusiast to trade on. The long-term game is about inserting themselves in the crypto world as the main player in the Nigerian market. Like I said earlier, the emperor cannot afford not to insert himself in the crypto world like he did in most businesses sectors.

5 Likes

Investment / Re: Crypto Currency Investors Thread by studentofTruth: 4:48pm On May 08
iLegendd:
The channel has been created and we'll look for 2-3 admins. To join, search for CIT on Telegram or use the link.

t..me/citNairaland (remove one dot).

What is left is the group. For the channel, it's open to every living thing.

Good one boss. I'm interested in the group too.

1 Like

Investment / Re: Crypto Currency Investors Thread by studentofTruth: 8:29pm On May 07
iLegendd:
P2P of 3 exchanges permanently down.

More than 20 are still active. The good thing is, some exchanges are stubborn. They don't even listen to the American government let alone the Nigerian government.

Currently, it's 1400-1430/$. If they close Bybit, it will hit 1500/$. If they continue, they'll create scarcity and it will be 1900-2k/$.

But wait o! E be like say the underdogs in govt. are actually manipulating the market. They brought it down to 1180 and converted all their Naira to Dollar.

Now they want to use scarcity to push it to 2k so that they'll sell and and make 100x profit, then they start defending the Naira with our reserve to push it back down to 1k/$ and the manipulation continues.

These people see innocent Nigerians as the corrupt ones, not them.

Now, you understand the game. We have shouting about it on Twitter. The emperor and his cronies are so greedy that they can't see this game and let it pass over them without colonizing it....not in his character. He will milk this country so tee you will begin to wonder if he will live to 1000years.

4 Likes

Investment / Re: Crypto Currency Investors Thread by studentofTruth: 11:43am On Apr 09
iLegendd:
Secret!

Don't loud it.

Keep some USDT specifically for coins that'll launch after BTC halving. E get why. Trust me, e really get why.

These coins that launch after BTC halving, their shakara too much. They pump as if they're using jet fuel. Especially those ones that will launch around late May and early June.


Chief. Always dishing out alphas. thank you sir.

Please I want to order either of these products from Alibaba (https://www.alibaba.com/product-detail/AC-220-240V-110V-Pure-Sine_1600965140180.html?spm=a2700.details.you_may_like.2.59c7734fDrP9hx) or (https://www.alibaba.com/product-detail/Bawei-2000W-2500W-220V-230V-EU_1600979191466.html).

But the problem is that I have not ordered something from there before, so don't know how it works. Please do you know :
1. if naira mastercard can be used for payment and if not, if there is another payment method.
2. how long it normally takes to get the delivery and whether it would be home delivery or I need to go and clear the product first
3. how to track the shipment and delivery.

Thank you so much sir.
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 1:45am On Mar 06
cryptodotcom website no longer opening
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 5:25pm On Feb 22
just read NG government blocks access to some crypto exchanges

https://twitter.com/WatcherGuru/status/1760696670860284058
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 10:25am On Jan 31
GRACEGLORY:
I will discuss here the conclusions I have drawn from my excessive reading and studying.

In December, real personal expenditure increased by 3.2%, according to the US Personal Consumption Expenditures (PCE) report. It's common knowledge that 70% of the US economy is driven by consumer spending.


You would have noticed that the stock market has recoded six consecutive record high closes if you have been following along.

The data is being closely examined by Wall Street's elite, and they're seeing that the economy is experiencing a significant upturn rather than being on the verge of a recession. But Jeremy Powell won’t come out to tell us that. Instead, he speaks hawkish. You see there’s been no rate increases, but multiple pauses.

Don’t panic sell/dump your holdings. Now is the time to buy aggressively. Possibly the last stage of accumulation. Less than three months remain till Bitcoin's halving.


Here's the catch: an economy thrives when consumers spend more money. Consumers in the US are spending. The United States could afford to back both the Israeli and Ukrainian wars at the same time, according to the secretary of state, last year. A recession-stricken nation will not be inclined to fund wars.

Have no doubts about this rally. Buy the dip when necessary.

Friends, it's bull season.
Prepare your skateboard and let's surf this wave together.

I don't fully agree with you. Yes, the US economy is thriving, but the last CPI data showed an increase, rather than a gradually sustained decrease the fed wish for. So, while the fed won't definitely announce today that they may increase interest rate further, they will closely monitor the data for that possibility in the future, and you know what that could mean if another set of hike is coming in the horizon.

The current crypto bull run won't be like that of a 2020-2021 that was fueled by low-interest-rate money and especially the free covid-19 money, where everything was just flying up doing 100x and even 1000x. This bull run, though will last longer, will be gradual and very tortuous....it will be that of a maturing market.

Let's keep our expectations low and hope for the best.

4 Likes 1 Share

Investment / Re: Crypto Currency Investors Thread by studentofTruth: 10:12am On Jan 31
seunmsg:


It’s so easy to call people abusive names simply because we can’t reason with them. If all of us continue to change every single Naira we earn to dollar only to save them in dom accounts instead of using same for productive purposes that can earn more forex for the country, how then do you think we can bring down the exchange rate and strengthen the Naira?


The dollars we keep buying and saving in dom accounts, where do you think it is coming from? You guys really think the CBN governor has a magic wand to create dollars to satisfy everyone’s need?


Dollar is now over N1400 and Nigerians are still mopping up all available dollar supply in the market. That goes to show that people are making money from the local economy as making money in Naira is not the problem. Now, how do you guys think we can sustain the purchasing power of the local currency if all of use keep converting Naira to dollar for majorly speculative reasons? Will keeping money in dom accounts generate more dollars for the next set of guys who also want to buy dollars for same speculative reasons?


Funny one-sided argument. people who earn USD abroad and want to bring the usd back to nigeria do so via dom accounts. If CBN follow this funny argument and do as you said, those usd aren't coming back to nigeria.

Using myself as an example, I anticipated this kinda reasoning immediately BAT took office and tried to use up my dom account by embarking on a project. As I noticed that the government didn't follow up on that up till now, I started contemplating remitting usd directly to my dom account again. If this your funny argument is coming back to their consciousness again, then I shelf the idea of bringing back to dom account. It's that simple.

If I think this way, the big boys and businesses are thinking the same. USD will run from Nigeria patapata.

4 Likes

Investment / Re: Crypto Currency Investors Thread by studentofTruth: 7:30pm On Jan 29
iLegendd:
Coinbase is the worst exchange for foreigners. Always forming boss. I had an account with them back in those days, but never used it. They act too secretive, segregative and restrictive like the American government.

If you want to know the exchange a coin is, type it on CMC app, click it, click on Market and you'll see all of them. If you want to know if it's on derivatives, click on it.

thanks, boss
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 3:52pm On Jan 26
Coinbase says it doesn't accept new clients from Nigeria.

where else can I buy Dimo and Hivemapper?

2 Likes 1 Share

Investment / Re: Crypto Currency Investors Thread by studentofTruth: 6:36pm On Jan 21
iLegendd:
If so, it's only their customer service that can be of help. Or, try and reverify. I did reverification in some exchanges back in the days after I didn't use them for some months. OKX may even be one of them. This is as far as I can help.

Okay boss, thank you so much.
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 6:20pm On Jan 21
iLegendd:


I used int'l passport in 98% of all exchanges I registered on and they were seamless. Most of these issues occur when you don't use drivers' licence or int'l passport. It's good to have one of them even if you aren't travelling yet or own a car.


I used driver's licence for my verification. and the expiry is still end of 2026 (december 30th or so)
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 6:02pm On Jan 21
iLegendd:


Exchanges have different levels of verifications. The higher your level of verifications, the more money you can send, deposit, or hold in the account.

In most cases, level 1 or level 2 verification is more than enough. Level 3 verification is when you want to transact millions of Dollars in that account.

In your case, level 1 is more than enough. I use level 1 verification on OKX. There is a transaction limit to it, but it's enough for my trade.


Thank you for your response. My question why are they still asking me to update my verification even though it has been verified and it says it on the page. The worst part is that their support page is completely run by a bot. I don't know if there's a way I can chat with a human agent on their support page. I have tried everything, it's just bot giving me automated responses.

Investment / Re: Crypto Currency Investors Thread by studentofTruth: 5:31pm On Jan 21
I got this message from OKX:


"Update your ID verification
To comply with laws and regulations, update your verification within 6 days to avoid account restrictions"


Yet the verification page says this in the picture. Please who can explain why?
@ILegendd, please can help?

Investment / Re: Crypto Currency Investors Thread by studentofTruth: 4:04pm On Jan 20
Who knows about these projects:

Polymath/polymesh
Securitize
Untangled Finance
Swarm
Ondo
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 11:18am On Jan 20
iLegendd:
If it hits any of the numbers in circle, I'll short. Though, I have already started a tiny short.

Big boss, you trade futures, or do they allow short-selling in normal accounts?
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 6:09pm On Jan 18
iLegendd:


I lost money doing swing trading when I started. Those losses were not in vain because I learned from them.

When it comes to crypto, I try not to be people's hero.

For me, I use multiple exchanges as my strategy to avoid having all my eggs in one or two baskets and end blowing it up through impulsive purchases. Shine objects never end. Money is a spirit and and the Devil is always spying on everyone's account. Any day you looseguard, you lose all or 90%.

So, consider having accounts in 10 exchanges and transfer $300 into each.

Use account number 10 to do your scalping or swing trading. When the market crashes in February, you buy with account 1 and 2. If it crashes further, you buy with account 3 and 4. If it crashes even further, you buy with account 5 and 6. Leave account 7, 8 and 9 as backup in case of unbearable disaster. You can even stake them if you wish or use money in account 7 and 8 for purchaseS of coins on DEX. This one makes more profit, but it may also rug pull and you lose everything.

That is my suggestion, but what you have in mind may be a better alternative. And yes, leave the market in early 2025 or thereabout. Though, it may spill into 2026, but it's better to leave when the ovation is loudest.


Thank you so much boss.

But using only 300usd in account 1&2 might mean concentrating on only 2 to a few tokens. Do you advise concentrating on only 2-4 tokens all through the bull run, or have a diversified portfolio of up to 10 tokens?

Thank you once again.
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 11:06am On Jan 18
iLegendd:
If you can only be patient and focused, even the Devil can't stop you from being rich or wealthy.

Big bros, I have some 3k usd I want to play this crypto bull run with. But still confused how to go about it:

The coins to buy
Whether to do swing trading (taking profit after some 1-3x profit) and rotate into other coins or hold for up to 2025 or so.

Please could you offer some guidance? Thank you.
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 8:42pm On Jan 17
precioue:


Use crypto bubble to find Good gems

Okay, thank you. But it's knowing what to look for that is the koko
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 5:56pm On Jan 17
precioue:
This was the fastest profits I’ve made in the spot market $511 with MYRO/USDT in a few hours

https:///veefaacademy/status/1747419648289558624?s=46

How do you find these coins early?
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 5:10pm On Jan 17
iLegendd:
All you need.


https://www.youtube.com/watch?v=iMkuHYJGlzk?si=VPr6NxlRICfcFLbg

Thank you Legend. You're the best

1 Like 1 Share

Investment / Re: Crypto Currency Investors Thread by studentofTruth: 10:45am On Jan 17
Retik Finance anyone?

1 Like 1 Share

Investment / Re: Crypto Currency Investors Thread by studentofTruth: 11:32am On Jan 14
What do you guys think of the potential for Bonk?
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 12:24pm On Jan 07
What do you think of Doge?

Which other coins have the potential to moon this week/month?
Romance / Re: ATTENTION! 2024 Preparation That'll Change Your Life Forever (Procras. & Distr.) by studentofTruth: 11:09am On Jan 01
I finally proved my case and the dispute was resolved in my favor.

Wise doesn't show the email the money is sent to; they only show the name of the account holder. But OKX need a proof that show the email the money is sent to. It's was tough trying yo prove my case, but at last, I got a great idea to prove that the email I sent the money belongs to the account holder on the recipient list Wise shows that I sent the money: I had to pretend that I want to send another money to the seller and on trying to add the email as a new recipient on Wise, that name on my recipient list pops up.

This was the final video proof I sent to OKX to convince them that the money was sent to the seller. I'm glad my money is coming to me.

1 Like

Investment / Re: Crypto Currency Investors Thread by studentofTruth: 11:41am On Dec 31, 2023
I finally used OKX for p2p with Wise, and the transaction had an issue. I raised a dispute. OKX is asking for a supporting proof indicating the email I sent the money on Wise, but the recipient's email is not showing on Wise, only the name. I have search everywhere on Wise: the transaction update, transaction details, recipients list, transaction receipt, account statement. The account holder email is not there. And OKX wants me to provide an evidence indicating the email.

Who knows where I can find the email I sent the money on Wise?
Romance / Re: ATTENTION! 2024 Preparation That'll Change Your Life Forever (Procras. & Distr.) by studentofTruth: 11:39am On Dec 31, 2023
I finally used OKX and the transaction had an issue. I raised a dispute. OKX is asking for a supporting proof indicating the email I sent the money on Wise, but the recipient's email is not showing on Wise, only the name. I have search everywhere on Wise: the transaction update, transaction details, recipients list, transaction receipt, account statement. The account holder email is not there. And OKX wants me to provide an evidence indicating the email.

Who knows where I can find the email I sent the money on Wise?
Romance / Re: ATTENTION! 2024 Preparation That'll Change Your Life Forever (Procras. & Distr.) by studentofTruth: 9:12pm On Dec 27, 2023
JoeClefAuthor:
Then that would be better.

Tried to send to a dom account today, the Wise platform says it doesn't support my country. I contacted the support again, they said Nigeria isn't among the countries they support.
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 7:15pm On Dec 26, 2023
Which 3 undervalued projects have the potential for huge growth in this bull run. Have some funds to put in crypto that i will need by the end of next year.
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 8:34pm On Dec 25, 2023
why is ETH not rising as fast as others during this bull run? Is it institutional accumulation or something else serious?
Investment / Re: Crypto Currency Investors Thread by studentofTruth: 8:27pm On Dec 24, 2023
SINisSIN:
Transfer your fund from wise to crypto dot com or use Cex. That was the route I use yesterday to move my fund out from wise.


I used to use CDC, via the SEPA account issued to me. But at a time, they sent me an email that the account is no longer functional but didn't issue me any new one, despite several months of my disturbance. Then I started using Wise p2p on binance, which just stopped working.

How does the Cex work with Wise?

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