₦airaland Forum

Enyinne:
Wahala dey street

And who the fvck are you now? Where were you when those you're indirectly slamming were teaching us how to navigate this market?

Gan gan.

iLegendd:
Cont. of Cascading Effect Strategy from the previous post: https://www.nairaland.com/6318352/crypto-currency-investors-thread/3852#131593507

I have been advised by a spirit to add stage 0 because all fingers are not equal.

You can do futures trade with $1 in some exchanges, but your leverage will need to be high.

So, in this Stage 0, all you need is $210. Or let's call it $220 inclusive of your transfer fees.

STAGE 0

Trade 1: $1
Trade 2: $2
Trade 3: $3
Trade 4: $4
Trade 5: $5
Trade 6: $6
Trade 7: $7
Trade 8: $8
Trade 9: $9
Trade 10: $10

Trade 11: $11
Trade 12: $12
Trade 13: $13
Trade 14: $14
Trade 15: $15
Trade 16: $16
Trade 17: $17
Trade 18: $18
Trade 19: $19
Trade 20: $20

Total Amount: $210

To those who have vowed never to go close to future, you can still do it with spot, but you have to start from $5 because that's the minimum most exchanges allow. Something in crypto is better than nothing in crypto.

Don't put yourself in a situation where your children will ask you, "Daddy, what were you doing when other people's dad were trying their best with the little they had?"

All the best!

This is life changing information. Thank you and God bless you always for your consistent lectures here.

I've never seen so many ugly faces in one post. Why post only ugly people na?

I'm just here to rant today and I'm inviting everyone to come pour out their minds also.

I just want to ask if is a crime to be a Nigerian. As I grow older in this country and come across many things, I am increasingly regretting being a Nigerian. The country is just a failure on so many levels. It's such a disgrace for such a big nation to be sidelined or taken unseriously by the international community.

Below are just a few things I have come across that continues to make me regret being in this country.


1. International payment

A few years ago, I tried to build a career in writing and came across some employers but most only pay through paypal and this stiffled my chances. I had to look for other ways around this issue that makes me lose my hard earned money every month. Till now, Nigerian Paypal does not work to receive money from other countries like US and Canada. Most of our bank cards do not even work for international payment and people are often left frustrated. It almost feel like a curse being a Nigerian at this point.


2. Currency

We can all agree that the Nigerian currency is one of the most useless in the world. Obviously, currencies around the world lose value over time because of inflation but ours happen too fast. Imagine the naira losing more than 100% of its value in just a year. This has eroded the purchasing power of many struggling Nigerians. Nowadays, saving in Naira is not very appealing. In fact, it is increasingly becoming foolish to save in Naira.


3. Investment

Investment wise, Nigeria is a joke. As big as this country is, we are being denied access to many investment platforms around the world. For weeks now, I have been looking for a good platform to invest in international stocks but have been told that their services are not offered in Nigeria. Meanwhile, Bamboo, Trove, and other little ones in Nigeria are constantly being bullied by the government, thereby instilling doubts in the minds of Nigerian investors. Additionally, it's so unappealing to invest in Nigerian stocks because the gains will be eaten up by inflation.


Recently, Binance got banned and now cryptocurrency investors are constantly looking at their backs because of uncertainty. We don't even know where the government stands on the crypto matter. On one hand, they say it is not illegal, on the other hand, they have told banks not to facilitate crypto transactions. Confusion and inconsistency everywhere. Why why why?


4. Sports.

In terms of sports, the global community has probably classified Nigeria as big for nothing. Imagine this big country won nothing, not even zinc (if there's anything like that) in the recent Olympics. Tiny countries were busy winning gold, silver, bronze, and we won absolutely nothing. It's such a disgrace. I was furious watching the closing ceremony of the Paris 2024 Olympics. The only thing they know how to do is to wear fine clothes. You could see athletes from other countries that won wearing just shirts but the loser Nigerian team wore native attire looking so incompetent. It just felt like they went on an excursion in Paris.


5. Tourism

Nigeria is suppose to be a great place for tourism because we have so many cultures but the industry is just dying because of insecurity and unfavorable government policies. Imagine, one cannot travel between states now without the fear of being involved in a kidnapping/armed robbery operation. Even transport to travel now has become so expensive that people think twice before thinking of taking vacations.



Across all sectors of Nigeria, failure has become the order of the day. Nothing seems to be working right in this country. Is it a crime to be a Nigerian for God's sake? Everyday, I get ashamed of being associated with this country. We are big for nothing. The only thing we know how to do is make music and give birth.


All of us Nigerians including our leaders need to seriously step up and think of how to restore our National pride. To our leaders especially, no matter what, as long as you were born here, you are still Nigerian so if you leave the country to rot, you and your generation will carry the stigma of failure everywhere you go. If you like send your children abroad or to Mars. The failures of their place of origin will still smell around them.


I have always been a fan of staying in Nigeria to make it work for me and my family because I don't want to go to another man's land where I'll not feel at home. But everyday, the failures of this conception called Nigeria makes me lose faith for the country. These sort of doubts are what lead to civil wars and secessionist agitations. As more radical and powerful people become involved in politics, if things do not change, Nigeria will be riding hard to total collapse.


Nlfpmod

Slimtuns:
You're talking about Forex spot trading. You might want to research about brokers offering such feature. I think octa and fxtm offer it but you need huge capital to be able to realise substantial profits trading spot.

Thanks.

Alexas58:
Use 0.01 lot size
That should be the highest you should use.
Open it just once

Ok

I just started this few days ago and have already been burned multiple times because of leverage. Even the lowest leverage is too high for me. I am used to spot trading in crypto and have avoided leverage trading because of my inexperience.

I am making my own research but just want to ask here too. Does Forex allow trading without leverage like in crypto spot trading? Like can't I just buy an asset and wait for it to appreciate rather than panicking that it might hit stop loss. Forgive my naivety. Alexas58 help.

BeyondCertainty:
Calm down bro, ETH will do wonders.

You need to excercise PATIENCE in this space, ETH is slow these days before those big bag holders are selling.

It won't take long before it picks again, if you understand the market well, ETH doesn't pump when other alts are pumping.

ETH can do more than $500 in a single day.

PATIENCE!!!

I’m beginning to see evidence of this. Interesting. I’m learning.

What the hell is wrong with Ethereum na? Why moving like a snail? Others have pumped and left it.

Such a terrible feeling for other coins to be pumping and the one you are holding just stays stagnant. The last time I had this kind of irritating feeling was when my neighbors had nepa light and I didn't.

Alexas58:
Iq option

More stocks
More things to trade

You can trade call and put options too

Thanks.

Alexas58:
Start with prop firms bfre u loose all your money m
Use prop firms to test ur strategy first!

Ok but recommend app first.

Alexas58:
If you want me..
I’m here
If you want to buy a coin or place a trade …
Quote me !
Mention me
I’ll analyse and tell u what to do next !

Bliv in technical analysis

Ok thanks. Please which broker would you recommend for forex and stock trading for Nigerians? I've been struggling with Exness and Capital for days now.

benzene00:
GRACEGLORY I hope you still have some of that 'hopium' for your followers


"having no hope is better than false hope"

Only a dead man abandons hope. We still need hope as long as we are alive and still in this market.

Alexas58 was right after all. Let those who do not like these words light themselves up in flames.

Prophetkelly:
Which opinion goaty?

Oh sorry...you are same person with that guy they are dragging? Your Analysis is okay.

I'm just saying stop masturbating on nonsense rant...i said, he said, they said....

Bye for now. When you get to hades, say me well to your father!

Animal. Which same person? I wish I was him because I would be in profit now. You, on the other hand are basically in the middle of the road, telling people not to rant. Idiat. Billionaires and millionaires dy rant, make I no rant because one faceless lowlife here will be offended.

Do me a favor, take a camera while going to hell so you can film yourself dancing gwo gwo gwo ngwo to the flames.

Prophetkelly:
Tell your papa to shut up there.

Very smart of you to have swiftly identify yourself. So please, Mr goat keep your noisemaking of somesaid to yourself.

I will remain consistent with my opinion and will mention you if need be. You can go to hades for all I care.

twosquare:
You may be doing it the wrong way. Follow the trend. Don't trade against the trend
If you are sure it is going to 1500...why not short and bag your money? Why long and long.

No one is programmed to be unidirectional.

I am also shorting.

Prophetkelly:
All these goats shouting I said, we said, they said...can you just shut your mouth and let fresh air run here. Ain't you tired of these shitty talk?

I said, they said yet you didn't sell your entire households to short btc. Rumors of war, traders leaving market, heavy bags manipulations all contribute to these free fall.

Allow market to stable before you buy again. Watching while taking notes is also part of trading.

And you all should give peace here. No one is feeding anyone's papa here. I said, we said, they said. Thrash thrash thrash...

Shup up and run back to the hole where you crept out from.

When Alexa was saying run o, some people thought he was being pessimistic. Some of you just like false hope all the time. Market no dy respect anybody feeling that's why sometimes you just have to be realistic and follow the chart. Where are those who tried to shut him up now? Shebi na all of us dy wail now. If only I had shorted the market. Chai.

Ojemedad:
From city to village, Abeg after village where I fit go?

You fit enter bush na.

AswearuGawd. We die here. Nothing this crypto wan do me again like this wey I neva see before. Eth hit my liquidation at 2,200, I enter another one at 2,300 with stop loss at 1950. If e sup, I will set another one at at 1957 with bigger leverage and liquidation at 1,400. If that one hit, another one go follow immediately. Also doing same with Sol but only my first long at 130 has been filled and the liquidation at 93 has not been hit. If that happens too, there's another long order at 93.7 with liquidation at 67. Each order below the first has more leverage. This is all out war.

Meanwhile, my spot orders are getting filled too so DCA is going on there. By the grace of God, I will drink all these blood like vampire and lick mouth. This is a once in a lifetime buying opportunity and I'm glad to be alive while it is happening.

I can’t stop laughing at what somebody said here a few moments ago. E say “buy when there is fear don dey fear me o.”

Bignuell:
Technical analysis or dream analysis?

Lol. Ogogoro analysis.

seanwilliam:
First time being here,
Will be leaving crypto till November.

Wanna give a try on forex,
Where do I start from?
Someone welcome me please

SUPERPACK
Alexas58

Welcome my crypto brother. Me too join few moments ago. May Forex favor us. Iseeeee.

GovernmentAgent:
Situation analysis
Over 40,000 shitcoins fighting for visibility and investors' cash in the crypto market

No free Covid-19 bail-out funds from governments to help pump the market

2024 bull run in the mud

Conclusion
Situation hopeless - Bull not in sight.
Repeat, bull not in sight!


Those who were planning to go and oppress their village people in December with Mercedes Benz GLK should better start revising their plans now to Nigerian used Toyota Corolla!

Funny. I hope you go still dy around when the pump start sha.

santos123:
Omo! "Buy when they is fear is fear" don dey fear me o

Lol. You better buy o. No be say e dy pump now, you go dy wail say market leave you.

TrennixGLOBAL:
After you have gathered enough knowledge from there, you can come to the stock market so you can be fully involved in every aspect of the world's financial market.

But know that the whole financial market is rigged and manipulated so stay on a safe side.

Thanks for the advice. I appreciate it.

Alexas58:
come and feel me in the forex thread!

People are hoarding their skills here

I'm there already. I've been looking to expand my trading to the Forex market. Thanks for inviting me. Na money I dy find no be enemies.

Thanks Alexas58 for inviting me here. I've been looking to expand my trading to Forex. Good to be here. Ah greet everybody in this house.

Alexas58:
Bye… enjoy ur bears 😂😂

Calm down. I know you're masturbating now because of the dump but masturbate small small. 😂. Even though many here would not admit it (because of loss and bruised ego), you did well for your prediction because what you said is happening now. This is why we need different opinions here. Again, celebrate your win moderately because the market can disgrace you too when you least expected. We are in this to make profit and secure our future not to score points against random people on a faceless forum.

I am so glad I cut my loses early and pulled out of this market. Till now, most of the coins have not reached the level where I sold them instead, they are dumping the more. Sometimes, it’s just better to cut your loses early o. To the moon or nothing fit land you for trenches.