Hold your dollar tight

[Barikui1]

Good morning my country people, see eh this country wey we dy so, the way things dy go on a daily basis, abeg if you get dollar or Bitcoin hold am tight, because the way I dy see this our currency now, by December 1 dollar fit reach 3 to 4k, see all those people wey been buy dollar at the rate of 750 naira, right now them don make more than their capitals by just holding.

Even Bitcoin too, na the same pattern both of them dy follow, even though say Bitcoin dy more lucrative on the long run, just imagine those people wey don dy do DCA method since last year, how their account go dy swell by now, so my brothers hold your dollar and Bitcoin tight, because as e be so, you go just dy make money through it by just holding.

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[Kliss]

Na true talk oo holding on to Ur stable currency like dollar is a means of earning profit in the future But holding on to a centralised currency like dollar because of it fluctuations daily can change easily if Nigerian Government make policies them wey go favour or strengthen de Naira and make our economy stable. Holding on to decentralised cryptocurrency mainly Bitcoin more advisable U sef know say better assurance cover U, because the analysis of bitcoin and the pace at which ee dey on the market ee dey favourable. So holding on to your bitcoin and investing in bitcoin will be profitable look at how bitcoin is on a bullish market and there are speculations by the end of the year it will hit $100k and that is equivalent to #100 million plus in our naira. So if you have bitcoin your chance of making more profit by the end of the year is guaranteed.

[Olatundespo]

Good morning my country people, see eh this country wey we dy so, the way things dy go on a daily basis, abeg if you get dollar or Bitcoin hold am tight, because the way I dy see this our currency now, by December 1 dollar fit reach 3 to 4k, see all those people wey been buy dollar at the rate of 750 naira, right now them don make more than their capitals by just holding.

Even Bitcoin too, na the same pattern both of them dy follow, even though say Bitcoin dy more lucrative on the long run, just imagine those people wey don dy do DCA method since last year, how their account go dy swell by now, so my brothers hold your dollar and Bitcoin tight, because as e be so, you go just dy make money through it by just holding.

Good morning! The economic situation can be unpredictable, whether its good or bad. Holding dollars or Bitcoin can give some stability in the face of changes in local currency values. Investing in dollars or Bitcoin can indeed lead to potential gains over time, especially with strategies like DCA for Bitcoin. Its crucial for people to spread out their investments and keep up with market trends to make wise decisions.

[Gozie51]

Na the advise wey everybody already know but the point be say no be everybody fit carry out this plan out because for you to hodl coins or bitcoin and dollar, that one mean say you go don get spear money for hand wey you go take dey run your activities also. Hodling bitcoin or dollar be like when you save naira and to save mean say you still get the money wey dey for other things. So na good advise but na people wey get other source of income fit comot eyes for their hodlings for long time so that e go fit appreciate overtime.

[DubemIfedigbo001]

Good morning my country people, see eh this country wey we dy so, the way things dy go on a daily basis, abeg if you get dollar or Bitcoin hold am tight, because the way I dy see this our currency now, by December 1 dollar fit reach 3 to 4k, see all those people wey been buy dollar at the rate of 750 naira, right now them don make more than their capitals by just holding.

Even Bitcoin too, na the same pattern both of them dy follow, even though say Bitcoin dy more lucrative on the long run, just imagine those people wey don dy do DCA method since last year, how their account go dy swell by now, so my brothers hold your dollar and Bitcoin tight, because as e be so, you go just dy make money through it by just holding.

Holding now has its applications in helping citizens  hedge against inflation in the country.  Accumulating a currency isn't all that much an investment because fiat has its own liquidity issues. As bitcoin value is measured in dollar, the more coins you accumulate with your dollar, the more possibility of making more dollars in this good time to invest.

Buying bitcoin in this period is ensuring you're gaining on two sides, the inflation and having more dollars as the value of your bitcoin portfolio increases, thereby giving you more advantage and profits compared to who just hedges his dollars.

To survive in this country now, try your best to be  earning in a more stable currency as that's the only way not to be totally affected by the Naira value depreciation.

[Wiwo]

Good morning my country people, see eh this country wey we dy so, the way things dy go on a daily basis, abeg if you get dollar or Bitcoin hold am tight, because the way I dy see this our currency now, by December 1 dollar fit reach 3 to 4k, see all those people wey been buy dollar at the rate of 750 naira, right now them don make more than their capitals by just holding.

Even Bitcoin too, na the same pattern both of them dy follow, even though say Bitcoin dy more lucrative on the long run, just imagine those people wey don dy do DCA method since last year, how their account go dy swell by now, so my brothers hold your dollar and Bitcoin tight, because as e be so, you go just dy make money through it by just holding.

You are right, used to tell people to convert the naira savings into dollars and if possible USDT instead of the real USD reason being that even though you hold your dollars in a domiciliary account,  the tendency to lose them to so many things such as back charges and taxes will still eat up all the profits you think you may have made.

But let you hold USDT on an exchange,  you don't pay for exchange charges or even taxes and that has made you to stay above that limitation,  and also avoiding the inflationary deficiency that could come along the way.

But ultimately,  you made a good point and this is a good wake-up call for all of us and as to how we need to sit up by holding less fiat since its value is at its lowest low and still sinking compared to the asset feature that we have in bitcoin or other digital currencies.

[Positive_mind]

Because of the steady increase in dollar against the Naira,and hedging against inflation, the best way is to hold dollars instead of holding Naira in as much as you have accumulated some amount of Bitcoin already, even before this month of February will end, I see the US dollars likely hitting $1/1800 against the Naira, and the worst case here is that the government has not come out with any good measures to caution the effect on masses and even the economy, we have been seeing instability in the price of goods and services each day because of this situation, you buy something today and go back to buy same thing tomorrow the price has increased, very bad.

[Su-asa]

Good morning my country people, see eh this country wey we dy so, the way things dy go on a daily basis, abeg if you get dollar or Bitcoin hold am tight, because the way I dy see this our currency now, by December 1 dollar fit reach 3 to 4k, see all those people wey been buy dollar at the rate of 750 naira, right now them don make more than their capitals by just holding.

Even Bitcoin too, na the same pattern both of them dy follow, even though say Bitcoin dy more lucrative on the long run, just imagine those people wey don dy do DCA method since last year, how their account go dy swell by now, so my brothers hold your dollar and Bitcoin tight, because as e be so, you go just dy make money through it by just holding.

E dey good to hold dollars but e go better pass if you hold Bitcoin instead of dollars because dollar fit come down anytime soon but we never no the actual date when e go come down.
Bitcoin price nothing dey stop am because in less than 1 hour you bitcoin go fit high times 1 and half of the price wey e dey now but dollars rising naw gradually gradually e take dey rise.
Although Bitcoin sef dey rise gradually but the speed Bitcoin takes dey rise this time dey very much different from the way dollar take dey rise.
As Nigerian wen dollar rise e dey affect people wey no get dollar account but when Bitcoin dey rise we dey always get favour inside. But e also dey good for person we dey safe in dollar.

[Agbe]

Most of you are saying shey make dollar go up and make everyone dey keep dollar because dollar go go up to 3 to 4 k thousands well that is for your own as for me I want dollar to come down.to #100 or #150 again. When Goodluck was the president dollar was at this rate and things were very cheap. If dollar is 4k, remember you no go use dollar buy anything in the country but you go still change the high dollar to the lower local currency before you can use it to buy something chop so what is the need of keeping dollar or bitcoin? You can only invest in bitcoin and not to keep you money in bitcoin. And there is different between keeping your money in bitcoin and investing in Bitcoin. Keeping your money bitcoin means, all your money should be in Bitcoin and you only change to naira when you want to spend, who lose? Na you oh. Investing in Bitcoin means, you only invest a part and not all. Therefore if you want Nigeria to be good don't pray for the dollar to be rising but pray that the dollar should come down drastically to the bearish of #50 to a dollar. And most of you are earning in Bitcoin here and that is why you want the dollar to increase in all the way to that highest price but it will definitely affect you whether you like it or not. I think present high cost of food items reach you domont. You are also saying that cost of living is high in the country. Nobody is happy of what is happening in the country and dollar is the cause yet you are saying that dollar should increase. Don't you know that if dollar reduce to $50 per dollar, you will be a big boys and girls in your domains because price not things will be very cheap. Please let advocate for the devalue of dollar and not Naira.

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[Promocodeudo]

Good morning my country people, see eh this country wey we dy so, the way things dy go on a daily basis, abeg if you get dollar or Bitcoin hold am tight, because the way I dy see this our currency now, by December 1 dollar fit reach 3 to 4k, see all those people wey been buy dollar at the rate of 750 naira, right now them don make more than their capitals by just holding.

Even Bitcoin too, na the same pattern both of them dy follow, even though say Bitcoin dy more lucrative on the long run, just imagine those people wey don dy do DCA method since last year, how their account go dy swell by now, so my brothers hold your dollar and Bitcoin tight, because as e be so, you go just dy make money through it by just holding.

OP, if I may ask, how do holding another man currency help the economic situation of this country, I think we are our own problem, you are advocating for US dollar hodling, do you know that one of the problem we are facing today in Nigeria is as a result of this dollar hodling, how will a country decide to devalue their own currency in favour of another countries own, though you are talking from a business perspective but to me, I don't think is ideal to advocate for such because of its economic implications, you would have encourage people on Bitcoin investment which we know that it is decentralized and know one can claim to have total control of it, do you know that if the citizens hold this currency as you said a time shall come when you don't longer have a say here in terms if monetary aspect and inflation will be a usual thing, let's think the way forward for our dear country not holding dollar and indirectly strengthening the economy of another nation, let's think wisely, though this is my opinion.

[Marykeller]

Most of you are saying shey make dollar go up and make everyone dey keep dollar because dollar go go up to 3 to 4 k thousands well that is for your own as for me I want dollar to come down.to #100 or #150 again.

Abegy help me tell them than expecting dollar to go up more. Only the dollar wey d skyrocket like this, we know how em d hit on us badly via the price of goods and services for our country. Even our locally-made product the skyrocket like madt like tomorrow no dey. You go buy a product for one naira today, tomorrow em don add two naira base on sae dollar d increase. We no suppose to be happy about this, sae dollar d increase and make we use the opportunity to store up dollar for more financial gains.

As you d store up dollar for profits no later forget sae almost 90% of things sold in this country all link to it. Don't be surprised when peso go tell you sae wetin you buy of ten naira don become fifth naira.

So, we no need to be happy about all this dollar increment because em no d help matter cos people are suffering badly. As some of us the earn for dollar, no be every body the earn like that. Em get families wey d on salary basis every month "Make we no forget that".

Na from their salary dem go take feed themselves and their family, even transport themselves join. So make we try to the think of others before we begin to think wetin go favor only us financially.

[Jaycoinz]

Good morning my country people, see eh this country wey we dy so, the way things dy go on a daily basis, abeg if you get dollar or Bitcoin hold am tight, because the way I dy see this our currency now, by December 1 dollar fit reach 3 to 4k, see all those people wey been buy dollar at the rate of 750 naira, right now them don make more than their capitals by just holding.

Even Bitcoin too, na the same pattern both of them dy follow, even though say Bitcoin dy more lucrative on the long run, just imagine those people wey don dy do DCA method since last year, how their account go dy swell by now, so my brothers hold your dollar and Bitcoin tight, because as e be so, you go just dy make money through it by just holding.

This na the plan ever since and na why many people still dey continue with their purchase even till now because as e be now the profits wey you fit get through Bitcoin and USD investment is wey bigger because just imagine which year wey Bitcoin price was just 19k and now the thing don Swell to even x2 going to three of the actual price as of last two years being 2022.

[Lida93]

Right now nah holding in foreign currency nah be the route to salvage body away from this economic hardship we the face in the face of this continuous fall of the value of the Naira. However, if you want to hold your money in dollar you should be careful with this domiciliary bank accounts due to the news wey federal government done the raise intention say them wan the convert domiciliary accounts money to Naira as them take am nah the solution to this local currency way the fall.

So if any person the hold, make sure say nah in bitcoin or USDT and try use correct exchange wey get reputation or better wallet to take hold your coins. Wetin I believe be say anyhow things get to we go survive am as there must always be a way out for people like us

[DaNNy001]

Right now nah holding in foreign currency nah be the route to salvage body away from this economic hardship we the face in the face of this continuous fall of the value of the Naira. However, if you want to hold your money in dollar you should be careful with this domiciliary bank accounts due to the news wey federal government done the raise intention say them wan the convert domiciliary accounts money to Naira as them take am nah the solution to this local currency way the fall.

So if any person the hold, make sure say nah in bitcoin or USDT and try use correct exchange wey get reputation or better wallet to take hold your coins. Wetin I believe be say anyhow things get to we go survive am as there must always be a way out for people like us

My brother the matter for this country no get head again oo, omo I just dey wonder how people wey get full family of maybe three or four dey take survive because the matter no be here things don hard and the only way forward na to actually save up in USDT or Bitcoin because if you put your money for bank and na value loss e go just get and nothing go come out from there so better save and suffer where you have hope say increment go dey in the future for your investment.

[EluguHcman]

Normally volatily assets requires long time hodling to stand on the safer side of making profitable incomes.
The market can be tempted and appreciating at some points but better appreciative times awaits ahead.

Hodling your assets with a strategical formations to beat inflations is a dupe plans for investors.