NewStats: 3,259,789 , 8,170,910 topics. Date: Monday, 26 May 2025 at 02:22 AM 2q3o2v

There are occasional losses but the earnings are almost irresistible. For instance, bitcoin, the flagship and most capitalised cryptocurrency has gained 210 per cent in capital appreciation in the past three months. As of press time, the year-on-year appreciation was about 400 per cent.

In the past year also, Ethereum, the second leading coin, gained 790 per cent. FTX Token, another leading coin, has also gained over 700 per cent. Some cryptocurrencies have recovered over 1000 per cent, while the least performing tradable assets have recorded at least 300 per cent appreciation.

This abracadabra is what I dislike about those crypto currencies.

“How much would you have gained in capital appreciation if you invested in the capital market in the past one year,” Gideon Awoyemi, who plays in the global market actively, asked.

At least, you know that you contributing to the growth of real economy that deals with physical goods and services. But with crypto currencies, it is about rising false values

Or the CBN is planing to devalue/crash the Naira currency on our head again I don't trust this government

peeps4u:


I doubt your friend was ever trading crypto, a real trader will have ways to beat the useless policy from CBN and wont even ever consider shutting down. I have bought and sold btc since that memo was released.

bro I need ur help on this cryto stuff

ezenwajosh:
The idea is to keep you impoverished so you can be easy to tame and controlled. A poor man is easy to control

But Nigeria should have learnt its not possible after experimenting it on Igbo's after the civil war

They held Igbo's down and Igbo's immediately dispatch themselves and seek alternative ways to survive beyond expectations

What the Bleep are you yearning. How did what you typed relate with the topic?

I'm sure I'm not the only one that didn't read the Article... let's know ourselves

Let the aboki govt and their Fulani led technocrats be fooling demselves, tomorrow will come with or without ur input. What is left is whether they d moving train or get left behind with the "cowtocurrency" Ahmed Bashir is deceiving only himself with.

Naija banks and their father CBN deserve to suffer. BDC will suffer too. I know our Hausa/Fulani brothers that dominate BDC will fight crypto with everything they got. Our banks are over-profitable. They keep piling up people's savings but they rarely give out loans. So, what is their purpose? They don't take risks like their counterparts in advanced nations.

The only downfall to crypto now is volatility. It can lose 20% value within 2 days. It volatility will reduce when everybody embraces it and when big trades are exchanged in it

A Nigerian prof. of computer science once said crypto is a fraud, don't do it.

[b][/b]NOW IS THE TIME TO GO INTO CRYPTO AND START MAKING A MINIMUM OF #4000 PURE PROFIT EVERYDAY!

YOU CAN START TRADING WITH AS LOW AS $50 OR #25,000!

PROFIT WITHDRAWAL WILL BE DIRECTLY INTO YOUR LOCAL BANK .

GUARANTEE OF DAILY PROFIT IS REAL BECAUSE THERE IS NO STRESS OF TECHNICAL AND FUNDAMENTAL ANALYSIS INVOLVED!!!

I WILL INTRODUCE YOU TO THE SAME SIMP!E TO USE BUT HIGHLY SOPHISTICATED UNIVERSAL MARKET BUY AND SELL SIGNALER I AM AS WELL USING TO TRADE.

IS THAT NOT BETTER?

READY TO START PROFITING NOW?

0. 7. 0. 6. 0. 5. 7. 8. 5. 6. 9

Training Fee: $20 (#10,000)

Pls where is crpto talk on naira land. I mean which of the room is it being discuss

emmynoel999:
The biggest losers in this scenario are the banks

If you need more status views check my signature

Stop saying what you are not sure of because of sentiment

hola106:
Dark ages dey worry Nigeria as a whole

This is what happens when dinosaurs rule a country.

Sheuns:
You can’t stop what you do not control. CBN will lift the restrictions but it’ll be regulated. Bitcoin is at over $50k now. It was just below $35K last month.

Bitcoin and other altcoins made me who I am today, no one can ever stop it

RisenPhoenix1:
Selective history is always the friend of the fearful. Why not ask me where crypto is in 2021 instead, since that is more relevant? Every investment has its ups and downs.

Epic reply.

Wehdone sah.

The day wey this crypto go bite people for nyash e go be like MMM...

winterfell007:


What the Bleep are you yearning. How did what you typed relate with the topic?

Na make you see the kind human beings wey full Nairaland.

Parrot69:


Idiot, don’t get useful with your life

d person behind that moniker is just too stupid and daft..even kids won't behave the way he is.. Lack of a better upbringing..

watchindelta:
Only God will help Nigeria government, we ran to Europe, Nigeria government still follow us there! I'm a money agent transfer now you can't t transfer Naira to Nigeria again, you can only pickup dollar in bank. I know they do all this for black market aboki,

What of world remit?
You can send crypto and they withdraw Fiat

SteveOfu:
This is alst applicable to krypto koin
Written by Leezah

As a young investor, be SMART and not GREEDY, 15%-20% is a good PROFIT but if your fundamentals & DD are good, you can hold for as long as you wish.

In addition, I have been learning and still learning, here are few I learnt

- The success or failure of a trader depends on his/ her EMOTIONS

- You are RESPONSIBLE for every trade
- Plan a trade and trade a plan

- Know your entry and exit plan & reason for such trade

- Do not make a decision or trade in the spur of the moment because your sense of judgement is beclouded

- Impulsive trade are very dangerous

- Have a limit to the amount you can risk in a trade i.e. avoid risking more than a certain percentage on your capital e.g. if you started out with $1000, do not risk more than a certain percentage determined by YOU on a trade

- Learn as much as you can, ask questions

- Do not get GREEDY to trade

IF YOU'RE IN THIS GROUP RIGHT NOW

I say again, count yourself Lucky

*WHY??*

*1).* You need to be knowledgeable on Cryptoc trading especially in this period where economies are fluctuating and close to unbearable.

I'll guide you through how you can open your own Binance so you don't get into problems!

In conclusion, the link is where you are supposed to be NEWBIES
This is the vehicle to the Telegram group by Puvo
https://chatdotwhatsappdotom/LwycvUj4YLXI2DBnyZmAfV

Replace the "dot" with ".".

I am not an I am assisting those that find it difficult to Telegram group.

WHEN YOU THE WHATSPP GROUP READ THE GROUP DESCRIPTION.

If you don't have Telegram it on Google play store

Ikillbrokehoes:
Bitcoin and other altcoins made me who I am today, no one can ever stop it

It’s really helped thousands. The CBN ruling that it weakens the naira is not true.

Since this policy came in vogue fact is that those that have Cryptocurrencies are finding it difficult to withdraw.
To get a P2P is not easy either.

For instance, av been trying to cash in some 140k to pay my children's school fees.
This has been difficult. The P2P I got said he'll pay me 123k ($450 rate).
This is frustrating.

Do we have anyone here who needs to deposit to his wallet?
We can complete this deal?

2mercy:
• More Nigerians on trading platforms

• Central banking outliving lifespan, says economist

• Unmatched earnings driving the popularity of investment



https://m.guardian.ng/news/crypto-restriction-opens-nigeria-to-fresh-foreign-scramble/

The response would have just been decent and meaningful without adding the insults. Learn to respect other and know everyone is entitled to their opinion. Stop being bitter bro!

geemd434:


Mumu man. The west are the ones allowing it. They can decide not to allow Nigerians. how PayPal torture us. So get sense and make good comment

yazga:
SteveOfu:
This is alst applicable to krypto koin
Written by Leezah

As a young investor, be SMART and not GREEDY, 15%-20% is a good PROFIT but if your fundamentals & DD are good, you can hold for as long as you wish.

In addition, I have been learning and still learning, here are few I learnt

- The success or failure of a trader depends on his/ her EMOTIONS

- You are RESPONSIBLE for every trade
- Plan a trade and trade a plan

- Know your entry and exit plan & reason for such trade

- Do not make a decision or trade in the spur of the moment because your sense of judgement is beclouded

- Impulsive trade are very dangerous

- Have a limit to the amount you can risk in a trade i.e. avoid risking more than a certain percentage on your capital e.g. if you started out with $1000, do not risk more than a certain percentage determined by YOU on a trade

- Learn as much as you can, ask questions

- Do not get GREEDY to trade

IF YOU'RE IN THIS GROUP RIGHT NOW

I say again, count yourself Lucky

*WHY??*

*1).* You need to be knowledgeable on Cryptoc trading especially in this period where economies are fluctuating and close to unbearable.

I'll guide you through how you can open your own Binance so you don't get into problems!

In conclusion, the link is where you are supposed to be NEWBIES
This is the vehicle to the Telegram group by Puvo
https://chatdotwhatsappdotom/LwycvUj4YLXI2DBnyZmAfV

Replace the "dot" with ".".

I am not an I am assisting those that find it difficult to Telegram group.

WHEN YOU THE WHATSPP GROUP READ THE GROUP DESCRIPTION.

If you don't have Telegram it on Google play store

Gobdddd:
Since this policy came in vogue fact is that those that have Cryptocurrencies are finding it difficult to withdraw.
To get a P2P is not easy either.

For instance, av been trying to cash in some 140k to pay my children's school fees.
This has been difficult. The P2P I got said he'll pay me 123k ($450 rate).
This is frustrating.

Do we have anyone here who needs to deposit to his wallet?
We can complete this deal?

To get P2P is very simple. Kuda microfinance bank is doing deposit

catice:
The response would have just been decent and meaningful without adding the insults. Learn to respect other and know everyone is entitled to their opinion. Stop being bitter bro!

I hear you. Thank you

Am talking about withdrawal. Not deposit

SteveOfu:
To get P2P is very simple. Kuda microfinance bank is doing deposit

Gobdddd:

Am talking about withdrawal. Not deposit

NB: Further to its earlier communication that dealing in Cryptocurrencies or facilitating payments for Cryptocurrency exchanges is prohibited, the Central Bank of Nigeria (CBN) has in its letter with reference number BSD/DIR/GEN/LAB/14/001, dated February 5, 2021 directed that all banks, non-bank financial institutions and other financial institutions should identify persons and/or entities transacting in or operating Cryptocurrency exchanges within their systems and ensure that such s are closed immediately.

 

In line with the CBN directive, kindly note that any identified as transacting in or operating Cryptocurrency exchanges within our system will be closed immediately.

You're welcome my friend!

geemd434:


I hear you. Thank you

I have a challenge. I need solution.
I want to withdraw from my wallet to pay my children's school fees.
They said the only way now is P2P.
I don't have anyone. The only help I got was hoping to do so at a huge discount.

What do I do?

How do I get this 160k I want to use in paying my kids school fees.

The school authorities have been patient enough.

SteveOfu:
NB: Further to itqthbnhs earlier communication that dealing in Cryptocurrencies or facilitating payments for Cryptocurrency exchanges is prohibited, the Central Bank of Nigeria (CBN) has in its letter with reference number BSD/DIR/GEN/LAB/14/001, dated February 5, 2021 directed that all banks, non-bank financial institutions and other financial institutions should identify persons and/or entities transacting in or operating Cryptocurrency exchanges within their systems and ensure that such s are closed immediately.

 

In line with the CBN directive, kindly note that any identified as transacting in or operating Cryptocurrency exchanges within our system will be closed immediately. 

Gobdddd:
I have a challenge. I need solution.
I want to withdraw from my wallet to pay my children's school fees.
They said the only way now is P2P.
I don't have anyone. The only help I got was hoping to do so at a huge discount.

What do I do?

How do I get this 160k I want to use in paying my kids school fees.

The school authorities have been patient enough.

Have find solution to your challenges?