₦airaland Forum

iLegendd:
One sure way for a coin to hit the price you secretly want is to have a liquidation at that price without stoploss with money you desperately want to lose. Period.

Do this, go to bed and before you wake, it'll hit that exactly that price before reversing. Failing to do this, your risk becomes a reward.

The moment we overcome this 100k barrier, there will be only 2 barriers left in crypto and that is 500k and 1m—which will happen 20 years or more from now.

For that, let this 100k not happen yet, but on the day Trump takes over or on the 25th of December, this year, to make it more ceremonious and memorable and capture the headline.

If you're in weak alts, get ready to bleed off at least 30-50% before January, 2025.

25x leverage

iLegendd:
Part 4

My Prompt:

Comparing all 4, Naira, BTC, Gold and silver, rank them on percentage lost and percentage gain from 1940 to 2024 and which is the best invest and the worst investment to hold.

Reply:

To compare the Naira, Bitcoin (BTC), Gold, and Silver in terms of their percentage gain or loss from 1940 to 2024, we need to break down each asset’s historical performance and analyze its overall change over time. This will give us insight into which asset has been the best or worst investment during this time frame.

1. Nigerian Naira (₦)

The Naira was introduced in 1973, replacing the Nigerian pound. Since then, the Naira has experienced significant depreciation due to inflation, poor economic policies, and devaluations by the Central Bank of Nigeria (CBN).

Performance:

1940-1973: Before the Naira, the Nigerian pound was relatively stable but depreciated towards the end due to economic challenges.

1973-2024: From its introduction in 1973 at ₦0.66 per $1 to ₦1,000 per $1 or higher by 2024 (depending on the parallel market rate), the Naira has experienced dramatic devaluation.

Approximate Percentage Loss:

Naira’s depreciation is over 99% in value against the U.S. dollar from 1973 to 2024.

2. Bitcoin (BTC)

Bitcoin was introduced in 2009 and started with no intrinsic value. Since then, BTC has gone through extreme volatility but has risen significantly, making it one of the best-performing assets in history.

Performance:

2009: Price started at less than $0.01 per BTC.
2024: As of 2024, Bitcoin trades between $30,000 and $40,000 per BTC.

Approximate Percentage Gain:

From $0.01 to $30,000 or higher is a gain of more than 300,000,000%.

They used old rate of 30k, so if we use current rate of 68-70k, the percentage doubles. Damn!!!

3. Gold

Gold has been a store of value for centuries and was tied to the U.S. dollar under the Bretton Woods system. After the gold standard was abandoned, gold prices became free-floating and have steadily increased, especially in times of economic uncertainty.

Performance:

1940s: Gold was priced at $35 per ounce.
2024: Gold trades around $1,800-$2,000 per ounce.

Approximate Percentage Gain:

From $35 to $1,800, gold has seen a gain of around 5,000% from 1940 to 2024.

4. Silver

Silver, like gold, has been used both as an investment and in industrial applications. Its price has fluctuated more dramatically due to demand for its use in industries such as electronics and renewable energy.

Performance:

1940s: Silver was priced at around $0.70 - $0.90 per ounce.

2024: Silver trades around $25-30 per ounce.

Approximate Percentage Gain:

From $0.70 to $25, silver has seen a gain of about 3,500% from 1940 to 2024.

---

Ranking Based on Percentage Gain/Loss (1940-2024):

1. Bitcoin (BTC): Gain of over 300,000,000% (the best-performing asset by a huge margin).
2. Gold: Gain of around 5,000%.
3. Silver: Gain of around 3,500%.
4. Naira: Loss of over 99% (the worst-performing asset).

Best and Worst Investments (1940-2024):

Best Investment: Bitcoin (BTC) – Bitcoin’s unprecedented rise from almost zero to tens of thousands of dollars per coin makes it the best investment by far, despite its volatility.

Worst Investment: Nigerian Naira – The Naira has suffered extreme devaluation, making it the worst investment. Its purchasing power has been eroded by inflation, currency devaluation, and poor economic policies over the years.


Conclusion:

Bitcoin is the standout winner, even with its volatility, due to its astronomical percentage gain.

Gold and silver have both performed well, with gold slightly outperforming silver in percentage gains. These metals are traditional stores of value and have maintained their purchasing power over time.

The Naira has been the worst investment due to its severe loss in value, making it a poor store of wealth in the long term.

For a long-term investor looking to preserve or grow wealth, Bitcoin, gold, and silver have been far better choices than holding cash in Naira.

However, each asset has different risk profiles and market dynamics, with Bitcoin being highly speculative and volatile, while gold and silver are considered more stable but slower-growing stores of value.


For part 5, about comparing GLE-BOSS based on percentage gain since 1940, click here https://www.nairaland.com/6318352/crypto-currency-investors-thread/3955#132549132

Please, how do we invest in these precious metals (gold and silver), are we to buy stocks from companies that deal with these metals?

Taystee1:
This pine script will be useful for you forex traders, how to use;
- Open a chart of your choice.
-Below the chart, go to pine editor copy the code, click "Add to Chart" to apply the strategy to your chart.
This can only be used on trading view, RSI divergence+EMA Crossover+MACD Strategy trade signal.

// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © Taystee

//@version=5
indicator("RSI Divergence + EMA Crossover + MACD Strategy", overlay=true)

// --- Inputs ---
stop_loss_pct = input.float(1.5, title="Stop Loss %" // Stop loss percentage
take_profit_pct = input.float(3.0, title="Take Profit %" // Take profit percentage
trail_stop_pct = input.float(2.0, title="Trailing Stop %" // Trailing stop percentage

// Additional Inputs
rsi_length = input.int(14, title="RSI Length"
rsi_overbought = input.int(70, title="RSI Overbought Level"
rsi_oversold = input.int(30, title="RSI Oversold Level"

ema_fast_length = input.int(12, title="Fast EMA Length"
ema_slow_length = input.int(26, title="Slow EMA Length"

macd_fast_length = input.int(12, title="MACD Fast Length"
macd_slow_length = input.int(26, title="MACD Slow Length"
macd_signal_length = input.int(9, title="MACD Signal Length"

// --- RSI Calculation ---
rsi = ta.rsi(close, rsi_length)

// --- EMA Calculation ---
ema_fast = ta.ema(close, ema_fast_length)
ema_slow = ta.ema(close, ema_slow_length)
ema_crossover_up = ta.crossover(ema_fast, ema_slow)
ema_crossover_down = ta.crossunder(ema_fast, ema_slow)

// --- MACD Calculation ---
[macd_line, signal_line, _] = ta.macd(close, macd_fast_length, macd_slow_length, macd_signal_length)
macd_histogram = macd_line - signal_line

macd_buy_signal = ta.crossover(macd_line, signal_line)
macd_sell_signal = ta.crossunder(macd_line, signal_line)

// --- Buy/Sell Signals ---
buy_signal = ema_crossover_up or macd_buy_signal
sell_signal = ema_crossover_down or macd_sell_signal

// --- Plotting Buy/Sell on Chart ---
plotshape(buy_signal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.labelup, size=size.small, text="BUY"
plotshape(sell_signal, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.labeldown, size=size.small, text="SELL"

Places with emoji is bracket close.

This pine script will be useful for you forex traders, how to use;
- Open a chart of your choice.
-Below the chart, go to pine editor copy the code, click "Add to Chart" to apply the strategy to your chart.
This can only be used on trading view, RSI divergence+EMA Crossover+MACD Strategy trade signal.

// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © Taystee

//@version=5
indicator("RSI Divergence + EMA Crossover + MACD Strategy", overlay=true)

// --- Inputs ---
stop_loss_pct = input.float(1.5, title="Stop Loss %" // Stop loss percentage
take_profit_pct = input.float(3.0, title="Take Profit %" // Take profit percentage
trail_stop_pct = input.float(2.0, title="Trailing Stop %" // Trailing stop percentage

// Additional Inputs
rsi_length = input.int(14, title="RSI Length"
rsi_overbought = input.int(70, title="RSI Overbought Level"
rsi_oversold = input.int(30, title="RSI Oversold Level"

ema_fast_length = input.int(12, title="Fast EMA Length"
ema_slow_length = input.int(26, title="Slow EMA Length"

macd_fast_length = input.int(12, title="MACD Fast Length"
macd_slow_length = input.int(26, title="MACD Slow Length"
macd_signal_length = input.int(9, title="MACD Signal Length"

// --- RSI Calculation ---
rsi = ta.rsi(close, rsi_length)

// --- EMA Calculation ---
ema_fast = ta.ema(close, ema_fast_length)
ema_slow = ta.ema(close, ema_slow_length)
ema_crossover_up = ta.crossover(ema_fast, ema_slow)
ema_crossover_down = ta.crossunder(ema_fast, ema_slow)

// --- MACD Calculation ---
[macd_line, signal_line, _] = ta.macd(close, macd_fast_length, macd_slow_length, macd_signal_length)
macd_histogram = macd_line - signal_line

macd_buy_signal = ta.crossover(macd_line, signal_line)
macd_sell_signal = ta.crossunder(macd_line, signal_line)

// --- Buy/Sell Signals ---
buy_signal = ema_crossover_up or macd_buy_signal
sell_signal = ema_crossover_down or macd_sell_signal

// --- Plotting Buy/Sell on Chart ---
plotshape(buy_signal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.labelup, size=size.small, text="BUY"
plotshape(sell_signal, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.labeldown, size=size.small, text="SELL"

tosinhtml:
LMAO why would you ask this question after 6.5 years?

😂