Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.

[Rruchi man]

Do not sell your coin unless you're already in profit and want ape out and ape into something later.

There is a strange frequency that money possesses, and I am sure that others have experienced it. Any investor who decides to just sell the bitcoins they have even when they have not yet made enough profit may regret it. It is possible that the moment you will make withdrawal, some other problems will rise up and spring up that will demand some financial requirements to solve, and because there is cash at hand, you may make the decision to now invest back lesser than you intended. That is a risk.

[Agbe]

Do not sell your coin unless you're already in profit and want ape out and ape into something later.

There is a strange frequency that money possesses, and I am sure that others have experienced it. Any investor who decides to just sell the bitcoins they have even when they have not yet made enough profit may regret it. It is possible that the moment you will make withdrawal, some other problems will rise up and spring up that will demand some financial requirements to solve, and because there is cash at hand, you may make the decision to now invest back lesser than you intended. That is a risk.

Many people are losing money daily because of the drastic drop of dollar.and the appreciating of the naira. As I said we no dey use dollar in our market but naira so if dollar low and naira then you bitcoin value will also reduce. And you have to know that our naira high is $1 to NGN500 or below. Now when you have 0.004 when dollar was #1900 and you sell you bitcoin it would come out with big amount but when the dollar come down #500 then your bitcoin when you sell am go come down well well. So now that Naira still dey #1200+ make we think well.

[Mr. Allcrypto]

On a norms, dollar be like central exchange currency, because for our stuck markets and exchange points, if you go with your local currency to do international transactions, them go still convert am to dollar for you, na the reason why the OP say make we sell 50% of our bitcoin, and I see am as a very good advice, if dollar fall or rise bitcoin go still dey the wey e dey but as you dey exchange am to your local currency na you go see am say you loss as the dollar dey fall. For me those wey still keep all their bitcoin I still dey advice you, because dollar go still go down pass like this wey e day for sure, and if na by then you sell you go loss well well.

[Agbe]

Make I update this thread with dis news.

The picture is self explanatory.

This is what I have been saying in this thread and this is the purpose of this thread. I created this thread to inform all the cryptocurrency investors in the forum so that they will be aware of what will happened in the future. Me I don dey see weti go happen and I thank God that I sold a number at that time before this naira appreciation. But today naira don appreciate again but that doesn't mean say him no go come down again, him go come down so even now too if you can sell, sell. Though we don enter di halving. But you can still restrategize your plans again. Since we have not enter the dip in the halving. You can still do it. You can read di Op to know more.

[SmartGold01]

This is what I have been saying in this thread and this is the purpose of this thread. I created this thread to inform all the cryptocurrency investors in the forum so that they will be aware of what will happened in the future. Me I don dey see weti go happen and I thank God that I sold a number at that time before this naira appreciation. But today naira don appreciate again but that doesn't mean say him no go come down again, him go come down so even now too if you can sell, sell. Though we don enter di halving. But you can still restrategize your plans again. Since we have not enter the dip in the halving. You can still do it. You can read di Op to know more.

See ehh all the asset doesn't remain stable for instance dollar to NGN always changes in prices differences like one going against one or the other going against the other. but as trader or investment you wouldn't panicked to sell of your digital asset since because you believe that Naira gonna fall so hard and then you decided to push off your holdings. This doesn't make sense at all for one day, if you think you could be left behind then its better to just hold dollars and forget about NGN.

[Agbe]

This is what I have been saying in this thread and this is the purpose of this thread. I created this thread to inform all the cryptocurrency investors in the forum so that they will be aware of what will happened in the future. Me I don dey see weti go happen and I thank God that I sold a number at that time before this naira appreciation. But today naira don appreciate again but that doesn't mean say him no go come down again, him go come down so even now too if you can sell, sell. Though we don enter di halving. But you can still restrategize your plans again. Since we have not enter the dip in the halving. You can still do it. You can read di Op to know more.

See ehh all the asset doesn't remain stable for instance dollar to NGN always changes in prices differences like one going against one or the other going against the other. but as trader or investment you wouldn't panicked to sell of your digital asset since because you believe that Naira gonna fall so hard and then you decided to push off your holdings. This doesn't make sense at all for one day, if you think you could be left behind then its better to just hold dollars and forget about NGN.

Me personally I don loss 1.7 millions naira as di naira appreciate and di dollar go down. Although e no pain me because the value in Bitcoin is still intact. But only reduce in Naira and I want dollar to reduce well.well to even #150 to $1 if him go dey possible. So dat if you get some money you go fit use buy plenty things. I prefer dollar going down. And di lucky I get be say when di naira reached #190, I sold plenty bitcoin so I still make profit from di investment. I don't support holding dollar because it is not our National Currency and it affecting our commodities.

[SmartGold01]

This is what I have been saying in this thread and this is the purpose of this thread. I created this thread to inform all the cryptocurrency investors in the forum so that they will be aware of what will happened in the future. Me I don dey see weti go happen and I thank God that I sold a number at that time before this naira appreciation. But today naira don appreciate again but that doesn't mean say him no go come down again, him go come down so even now too if you can sell, sell. Though we don enter di halving. But you can still restrategize your plans again. Since we have not enter the dip in the halving. You can still do it. You can read di Op to know more.

See ehh all the asset doesn't remain stable for instance dollar to NGN always changes in prices differences like one going against one or the other going against the other. but as trader or investment you wouldn't panicked to sell of your digital asset since because you believe that Naira gonna fall so hard and then you decided to push off your holdings. This doesn't make sense at all for one day, if you think you could be left behind then its better to just hold dollars and forget about NGN.

Me personally I don loss 1.7 millions naira as di naira appreciate and di dollar go down. Although e no pain me because the value in Bitcoin is still intact. But only reduce in Naira and I want dollar to reduce well.well to even #150 to $1 if him go dey possible. So dat if you get some money you go fit use buy plenty things. I prefer dollar going down. And di lucky I get be say when di naira reached #190, I sold plenty bitcoin so I still make profit from di investment. I don't support holding dollar because it is not our National Currency and it affecting our commodities.

Well whichever way I still value's it because even though the said dollar reduces it won't reflects on the price of things in the country because we always knows our country a nation that beats the law of gravity.
Meaning whatever goes up doesn't come down any longer so, we need to be very mindful with the kind of choice we are making for dollar to reduce to whatever amount we wish to. Our major target should be when dollar reduces then the price of commodity should reduce immediately the we can see how import it's for the price of dollar to reduce, not when dollar would reduce to 1k and yet price of things sold for 1k is still the same when it was 1.9k, this makes no sense.

[Agbe]

Well whichever way I still value's it because even though the said dollar reduces it won't reflects on the price of things in the country because we always knows our country a nation that beats the law of gravity.
Meaning whatever goes up doesn't come down any longer so, we need to be very mindful with the kind of choice we are making for dollar to reduce to whatever amount we wish to. Our major target should be when dollar reduces then the price of commodity should reduce immediately the we can see how import it's for the price of dollar to reduce, not when dollar would reduce to 1k and yet price of things sold for 1k is still the same when it was 1.9k, this makes no sense.

We have to understand that there are two things that are controlling the prices of commodities in the country and na dollar be di number one and fuel na di number two so when dollar don come down what about fuel because marketers (business people) go go market to buy something with high transport fee with settling police so when dem come back they have to sell di things higher to cover their cost and expenses. And I believed say na because of this things are still on the high side. And I don't think things will still come down because di government efforts is 1% to bring down the cost of things.

[Sim_card]

Well whichever way I still value's it because even though the said dollar reduces it won't reflects on the price of things in the country because we always knows our country a nation that beats the law of gravity.
Meaning whatever goes up doesn't come down any longer so, we need to be very mindful with the kind of choice we are making for dollar to reduce to whatever amount we wish to. Our major target should be when dollar reduces then the price of commodity should reduce immediately the we can see how import it's for the price of dollar to reduce, not when dollar would reduce to 1k and yet price of things sold for 1k is still the same when it was 1.9k, this makes no sense.

We have to understand that there are two things that are controlling the prices of commodities in the country and na dollar be di number one and fuel na di number two so when dollar don come down what about fuel because marketers (business people) go go market to buy something with high transport fee with settling police so when dem come back they have to sell di things higher to cover their cost and expenses. And I believed say na because of this things are still on the high side. And I don't think things will still come down because di government efforts is 1% to bring down the cost of things.

If the price of dollar drops, then the price of fuel should also drop because the fuel that we are using is been imported to another country for refining before it is sent back and na dollar dealings. I just see some underground manipulation in the dollar market by the government to make sure that dollar price is down, and that is why the Naira appreciating over dollar does not have any significant impact in the local market.

[Cantsay]

If the price of dollar drops, then the price of fuel should also drop because the fuel that we are using is been imported to another country for refining before it is sent back and na dollar dealings. I just see some underground manipulation in the dollar market by the government to make sure that dollar price is down, and that is why the Naira appreciating over dollar does not have any significant impact in the local market.

If nor be misplaced priority and rotten corrupt people we have as leaders Nigeria supposed dey import refined products? According to statistics over 80% of refined products consumed in Nigeria are being imported so if you take a look at this you'll see that just tempering with fuel and dollar price won't eliminate the problem, more work still need to be done.