₦airaland Forum

Same coin: different price on two different platforms.

Tuesday was another profitable day with Dogecoin and it hit new highs-crossing the 60 cents mark and approaching 70 cents.

I made over 40% returns.

Then I took the step of investing some of the profit( about 200k) in Ethereum Classic: a coin I am currently studying. Cant say if this was a right move and I almost lost part of the money. ETC (Ethereum Classic) fortunately went up 40% itself; but with no clear exit strategy I almost lost out as I kept waiting to see it go up.

Overnight Doge has jumped from $0.31 to $0.37.
1) Profit Taker Strategy- take your profit before it drops.
2) Short Term Investor: Check if you are at your goal. If yes, cash out, If not dont panic.
3) Long Term Hold: Ignore all the noise , go and sleep ..Doge is going to $1 this year very likely and MAY one day get to $1000!!!!

Up or down, short term profit taking is good if one is focused. This is my account for that, that gave me almost $300 ( N120,000) today.

SirbobbyDgreat:
Interested too but I would need the lecture from the scratch cause I swear everything you've posted up there no even make 1 sense to me.

At least you came to read it! 5 months ago I wasnt even interested!

Send me an email, I ll send you an introductory material.

Start with whatever you have and discipline yourself to make it grow.
The best time to have invested in Crypto was in 2010. The 2nd best time is TODAY.

BitCoin has increased almost 10% in less than 48 hours. From $53,000+ on Wednesday, it hit $58,000 on Friday .
That's profit to take if you are using that strategy.

I lost out on that because I made the strategic decision, to sell almost all my Bitcoin and bought more Dogecoin. If I had unlimited cash like Davido or Dangote , I would have bought both-but I dont YET!

metformin:
please can you teach me? I'm willing to learn and invest.

Send me an Email. I ll send you some materials.

Emails replied.

jom28gy:
How can I invest on it too

-Understand how it works
-Register on a trading platform
-Determine your trading strategy.

Yungbliss:
Please what is buy limit

When making a purchase, you can buy at the market price. For example right now at 10.52am Market price of Dogecoin is $0.314860. Thats the actual price which changes every second.

Limit price is the price you intend to buy or sell a coin. Its a useful tool, if you want the platform to buy or sell on your behalf when you are not monitoring it. For example, If you want to sell when it gets to $0.350; you can set that. Or buy if it drops to $0.250.

Jackfx:
Can you teach me too?

Yes, its not really hard if you can be consistent and patient. Send me an email

MickzyDonald:
Do you mind if you can put me through, but i heard the capital is much

Yeah. I can send you a mail later today.

Im not sure if some platforms have minimums to start; but usually you can start with anything even $1. But $1 wont give you much.

$40 to $100 is adequate to start. Avoid platforms that charge too many fees and be ready for loss if you dabble into extremely volatile coins.

And you can do it yourself, you dont need to give anyone your money to do it for you-just get some knowledge.

Bisshop123:
Congrats oo
Pls hw can I accumulate all dis coins biko
Make I keep am for like 1.5 yes plus e fit skyrocket

Infact thats the thing to do. Accumulate and keep for years IF one is sure of the future of that coin!

Any verifiable platform will keep your coins safe.

MickzyDonald:
I've been desiring to learn this thing since

Please do o! I wish I had done it sooner too!

DarlingtonC:
How can I buy dogecoin on binance?

Register for account and go through their accreditation process ( ID Card and Bank)

Follow my adventure, share my passion, tell me your experiences at https://v7place.com/index.php?board=31.0

I knew little about Crypto Currency as of January 1st 2021. Not that I hadnt heard about it: I had, I just didnt believe in it, didnt understand it, thought it wasnt worth it-all depending on when you asked me. 11 years ago, I turned down 1000 bitcoin someone wanted to pay for something I was selling. It was junk to me. If I had taken it and not used it-it would be worth $60 Million by 2021. Well one couldnt blame me, how many people took it serious in 2010. 1000 Bitcoin then was worth about $80 ,I took cash instead for what I was selling.

I wasn’t the only person then who didnt take Bitcoin or Crypto seriously; almost everyone including many of those who owned it then saw it as more as a hobby-not real money. Non computer people didnt even know it existed!

I made my first Dogecoin purchase on Feb 12th at a LIMIT price of 0.085 cents. There’s a difference between LIMIT & MARKET PRICE.

I was about a week late in the sense that I had been hearing about Dogecoin, but was reluctant following my disappointment with Bitcoin. I had invested $250 into Bitcoin on January 3rd and Instead of seeing my $250 ( N110,000) become $500 ( N220,000) IN DAYS I saw it drop to $240 IN HOURS,

then $230;

then $220;

It was painful and disappointing.

It climbed back up a little, but never went beyond $280. And I was not impressed.

I heard been hearing about Dogecoin since December and by the time I entered in February ; it had made a 1900% increase. Meaning if I had put $1000 ( N450,000) in around November 2020; I would have seen my money turn to $19,000.

From Feb 12th when I got into Dogecoin; it had slowed down. I watched the price fluctuate from 0.054 to 0.058 –not much to gain when you invest $1500 (N675,000).

Then THE WEEK happened!

From Saturday April 10th to Thursday April 15th-it was crazy. I was cashing out profits every hour (a method I use) and from my $600 balance ( I had already cashed out much of my initial investment getting frustrated with slow returns) I made a total of $2400 ( N1 Million +)-all just using my phone.

Even when it began to fall after the 15th; and people were saying its over; I still found a way to cash in ( bought at dips, sold at peaks).

Even though its gone down in the last 2 weeks, going as low as $0.16; I have still been able to cash in. This week I made $700 on Tuesday and Wednesday ( about N415,000). All this based on my little investment. There are people who made more.

LOSSES
I have made many losses before Dogecoin. I have been trading in lesser known extremely volatile coins

Filecoin
Bancor Network Token
Civic
Ankr
Storj
Celo

I was always chasing the wind with those ones and lost at least N150,000-but now I am wiser.

Happy to hear the experiences of people especially with Dogecoin.


BitCoin
King Of Crypto
Has increased in value by 414,000% in 11 years. If you had put $1000 in it at the beginning in 2009/2010-your $1000 would now be worth over $45 Million

Ethereum
2nd In Command
Rising fast. In one year; has grown from $100 to $2500

DogeCoin
The Rising Prince
4000% Increase in Just the First 4 Months Of 2021

Amazon went public in 1997. The initial stock price was $18( about N1440 (Dollar was N80 then). Today one stock is $3417 ( About 1.5 Million naira) An increase of 197,000%

Garage where he started Amazon in 1994.

Amazon's first job posting.

Jeff's First Office.

Written with research from Wikipedia

When Most people think of people that made money in business; we usually think of how they made money through real estate, computers, software, Oil, sports, even farming. But to imagine that the richest man in modern history started his business selling USED BOOKS is mind boggling.

Jeff Bezos whose Amazon is set to overtake the mighty Walmart as the biggest retailer in the world began by selling USED BOOKS! To me that means any business offering any service or product is capable of great things. Whether its pure water or cars, nylon bags or houses, software apps or akara and bread. As long as there is a vision.

It doesn’t matter what your business sells or offers; there is no limit to what it can become.

So why did Mr.Bezos choose to sell books? Is there something he knew we didn’t? According to Wikipedia, the company itself was his effort at making up for not getting in on the massive Internet biz of the early 90s where everyone was cashing in. Why books? Well he choose it from a list of products he felt would sell well online. Remember this was 1994.


He wasnt exactly poor; as he was a Vice President of a company on Wall Street; but nothing extra ordinary and wasnt flush in cash. But he was just a salary earner albeit, high income. At one point during Amazon’s early beginnings, he begged a list of 60 people to raise $1 Million for the business, only 22 of them helped- and of course THEY all eventually made massive profits.

READ HERE: How Jeff Bezos Begged 60 People To Raise $1 Million; Only 22 Helped! https://www.nairaland.com/6527947/how-jeff-bezos-begged-60

After reading a report about the future of the Internet that projected annual web commerce growth at 2,300%, Bezos created a list of 20 products that could be marketed online. He narrowed the list to what he felt were the five most promising products, which included: compact discs, computer hardware, computer software, videos, and books. Bezos finally decided that his new business would sell books online, because of the large worldwide demand for literature, the low unit price for books, and the huge number of titles available in print.[9] Amazon was founded in the garage of Bezos' rented home in Bellevue, Washington. Bezos' parents invested almost $250,000 in the start-up.[12]

The company was created as a result of what Jeff Bezos called his "regret minimization framework", which described his efforts to fend off any regrets for not participating sooner in the Internet business boom during that time.[1] In 1994, Bezos left his employment as vice-president of D. E. Shaw & Co., a Wall Street firm, and moved to Seattle, Washington, where he began to work on a business plan[2] for what would become Amazon.com.

On July 5, 1994, Bezos initially incorporated the company in Washington state with the name Cadabra, Inc.[3] After a few months he changed the name to Amazon.com, Inc because a lawyer misheard its original name as "cadaver".[4] In its early days, the company was operated out of the garage of Bezos's house on Northeast 28th Street in Bellevue, Washington.[5] In September 1994, Bezos purchased the domain name relentless.com and briefly considered naming his online store Relentless, but friends told him the name sounded a bit sinister. The domain is still owned by Bezos and still redirects to the retailer.[6]

Choosing a name
Bezos selected the name by looking through a dictionary; he settled on "Amazon" because it was a place that was "exotic and different", just as he had envisioned for his Internet enterprise. The Amazon River, he noted, was the biggest river in the world, and he planned to make his store the biggest bookstore in the world.[7] Additionally, a name that began with "A" was preferred because it would probably be at the top of an alphabetized list.[7] Bezos placed a premium on his head start in building a brand and told a reporter, "There's nothing about our model that can't be copied over time. But you know, McDonald's got copied. And it's still built a huge, multibillion-dollar company. A lot of it comes down to the brand name. Brand names are more important online than they are in the physical world."[8]

Online bookstore and IPO
In July 1995, the company began service as an online bookstore.[13] The first book sold on Amazon.com was Douglas Hofstadter's Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought.[14] In the first two months of business, Amazon sold to all 50 states and over 45 countries. Within two months, Amazon's sales were up to $20,000/week.[15] In October 1995, the company announced itself to the public.[16] In 1996, it was reincorporated in Delaware. Amazon issued its initial public offering of stock on May 15, 1997, at $18 per share, trading under the NASDAQ stock exchange symbol AMZN.[17]

Barnes & Noble sued Amazon on May 12, 1997, alleging that Amazon's claim to be "the world's largest bookstore" was false because it "...wasn't a bookstore at all. It's a book broker." The suit was later settled out of court and Amazon continued to make the same claim.[18] Walmart sued Amazon on October 16, 1998, alleging that Amazon had stolen Walmart's trade secrets by hiring former Walmart executives. Although this suit was also settled out of court, it caused Amazon to implement internal restrictions and the reassignment of the former Walmart executives.[18]

In 1999, Amazon first attempted to enter the publishing business by buying a defunct imprint, "Weathervane", and publishing some books "selected with no apparent thought", according to The New Yorker. The imprint quickly vanished again, and as of 2014 Amazon representatives said that they had never heard of it.[19] Also in 1999, Time magazine named Bezos the Person of the Year when it recognized the company's success in popularizing online shopping.[20]
--Wikipedia

Source: https://v7place.com/index.php?topic=3710.0

This is the amazing story of how Jeff Bezos took 60 meetings with 60 people to raise $1 Million To Fund Amazon in exchange for 20% stake in Amazon.
Mr. Bezos is now worth $184 billion.

Amazon.com almost didn’t make it out of the gate, with a young Jeff Bezos encountering a common entrepreneurial challenge: raising money.

In an interview with Charlie Rose of 60 Minutes, Bezos recalls those early days in 1995 when things were touch and go.

The comments about raising capital did not make it into the main broadcast, with good reason given the scoop that Rose obtained in uncovering that Amazon.com is experimenting with a new system to deliver packages via aerial drones. (See GeekWire’s earlier report: Amazon’s big surprise: Flying drones will deliver packages to customer doorsteps).


But they did make it into a 60 Minutes “Extra” segment. Here’s Bezos talking more about raising that first round of cash.

Bezos: “The riskiest moment for Amazon, Charlie, was at the very, very beginning. I needed to raise $1 million at a certain point, and I ended up giving away 20 percent of the company for a million dollars.”

Rose: “A helluva a deal for somebody.”

Bezos: “A lot of people did very well on that deal (laughs). But they also took a risk, so they deserve to do very well on that deal. But I had to take 60 meetings to raise $1 million, and I raised it from 22 people at approximately $50,000 a person. And it was nip and tuck whether I was going to be able to raise that money. So, the whole thing could have ended before the whole thing started. That was 1995, and the first question every investor asked me was: ‘What’s the Internet?'”

Of course, some Seattleites benefitted handsomely from their early investments in Amazon, including Madrona Venture Group’s Tom Alberg (who remains on the company’s board) and venture capitalist and entrepreneur Nick Hanauer (who has since sold off his stake).


It’s fascinating to hear Bezos talk about his struggles raising capital, showing that he’s not forgotten those entrepreneurial roots. In fact, those comments could foreshadow how he may spend some of his estimated $27 billion fortune in the coming years, perhaps funneling even more money to new ventures through his venture capital arm, Bezos Expeditions.

But, for now, Bezos is very much focused on building Amazon for the long-term. In the main interview, Bezos talks about how all companies tend to lose their luster over time, noting that “Amazon will be disrupted some day” and noting that companies inevitably “come and go.” He then tells Rose that he just hopes that happens to Amazon well after he’s dead.

Source: https://www.geekwire.com/2013/jeff-bezos-60-meetings-raise-1m-amazoncom-giving-20-early-investors/

Oga lightheart; I messaged you. Some business for you

The 3 students killed by bandits after they kidnapped 20 from Greenfield University, Kaduna.

Can you imagine the agony they experienced on the last day on Earth?

Can We Make Sure Their Deaths Are Not In Vain?

Nigerians where is our humanity?

Where are our leaders?

How do we sleep at night?

What will we tell our children?

Will life just continue as normal in the morning?

Hundreds already kidnapped and killed this week NATIONWIDE.

Who is next tomorrow? What about next week?

Or11:
No as a first time offender, he will likely get the minimum sentence and taking into consideration that the family of George got a settlement of over 24m dollars.

Haa, not likely. He already had a plea last year asking for ten years. The Trump administration turned it down, thinking people would be angry it was too lenient.

The cop who killed Walter Scott got 20 years. Very unlikely Chauvn will get less.

NiklauseFred:
Sorry to ask but why did he write down the lawyers phone number on his palm?

Is he trying to pass some kinda message??

As soon a prisoner gets to the prison; everything is taken from him; so he couldnt use paper.

When accused people hear guilty; their brain goes into overdrive-the fear of living in prison, any sign of hope is grasped quickly; that number is hope for him.

He probably planned to call the lawyer that day to start preparing a statement for the day of sentencing to possibly get the Judges mercy or to start preparing for an appeal.

President Muhammadu Buhari has condemned the latest killing of tens of people by bandits in Zamfara State.

The Nigerian leader warned that “such wanton disregard for life will be brought to an end sooner than later.”

President Buhari in a reaction to the incident said that “this insane and persistent violence against innocent people must stop”.

He added that “these criminals should stop pushing their luck too far by believing that the government lacks the capacity to crush them.”

The President directed the military, security and intelligence agencies to take immediate steps to close all…

He expressed hope the Special Operation launched by the military at 3:00am on Thursday from Maru Local Government area will prove decisive in ridding the state of the “frequent and horrifying “bandit activities.

“The violence against poor villagers who are struggling with poverty and other severe economic challenges is not going to be tolerated by this administration,” the President warned.

Buhari has called on the security forces to “redouble their efforts in bringing an end to this mindless violence against innocent people.”


“Let’s not give these criminals any opportunity to succeed by taking the war to their own camps and stop them in their tracks before they even have the time to respond under our massive fire power.”

Buhari reassured the people of Zamfara State that, “despite the latest set back in our efforts to protect our citizens, there will be no compromise in our determination to defeat these enemies of humanity.”

Source: https://rifnote.com/?p=665067

adecz:
The man should simply take
his own life & go to the great beyond
& apologise to George Floyd..

He is on suicide watch; they wont let him kill himself. They check him every 30 minutes besides a camera watching the cell.

NiklauseFred:
Sorry to ask but did he write down the lawyers phone number on his palm?

Yes. As soon as he guessed guilty was coming.