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Nairaland Forum / Nairaland / General / Travel / Japa!! Which Country Can I Travel To With 8 Million Naira?? (40686 Views)
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Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by agbanimu11: 2:23pm On Feb 18 |
anslemarinze52: Chat me on this No 07064393310 let talk |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by agbanimu11: 2:52pm On Feb 18 |
wetdspace:Can we discuss more on this My no 070 643 93310 |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by Opinedecandid(m): 7:49pm On Feb 18 |
theamazonguru: Great. Thabks, too. But how do sellers trade usdt and make between 2-5% daily as claimed by darediamond. |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by 9JAMac10: 8:07pm On Feb 18 |
Somalia hahaha |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by theamazonguru(m): 8:20pm On Feb 18 |
Opinedecandid: Truthfully, I can't tell how he does his own trading. However, the fundamental principle of trading that makes any single trader to make profit is to buy low and sell high. You can't buy at say #100 and sell at #99 and expect to make profit. You only make profit when there is a significant difference between the entry price (price at which a product is bought) and the exit price (price at which the product is sold off. This is the reason he advised you sell at a given time the following day. You can do an experiment. Go to the spot trade for USDT/NGN Check the price say today at 8pm. That is your entry price. Take note of that price eg 1 USDT = N1609 Let's say you have N1m trading capital. At the above market price, your 1m will buy you 621.5 units of USDT. Remember this will be in your spot wallet. You will need to transfer it to the funding wallet in order to sell it off on the P2P market. Wait till tomorrow. Check the price at the time he stated. Say at 4pm tomorrow Check the SELLING price on P2P. This will be your exit price. The question is what is the price at this time. If the selling price is below N1609, you will be selling at loss. But if the price is above N1609, you will be making profit. So let's say the P2P selling price is N1615 /USDT. That means the difference in price is N1615-N1609 = N6. Remember you were able to buy 621.5 units on spot. Which you already transferred to funding wallet. *if you don't send it to the funding wallet, you won't be able to sell it off on p2p. If you sell that off your profit will be N6 * 621.5 = N3,729 This example is just for explanation purposes. Another way is to just buy low on the P2P market and sell high also on the same P2P market. Remember the market price fluctuates, it keeps rising and falling, so you are not under any pressure to sell off until the selling price is higher than the buying price. Otherwise you will end up being in loss. I am saying this because you may think you need to stick to the timing he stated. Hell NO. All you need do is take note of the prices. Buying price (Entry) & Selling price (Exit). Compare them from time to time. Once the difference makes sense, you can sell off. Data is your tool. |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by theamazonguru(m): 8:33pm On Feb 18 |
owagbeba: To a bank account in Naira, yes. To a domiciliary account? Yes, if it is one of the accounts you added to your trading accounts. However this is tricky. If the buyer is here in Nigeria, it might be hard due to the scarcity of dollars. Except it is from dom to Dom. But if the buyer is in another country, it might be possible IF & ONLY IF the buyer is willing to go through the rigor of paying into a foreign account. All in all, nothing is impossible once there is a willing buyer and a willing seller,both ready to play accordingly. Escrow? Yes. That is what makes this exchange platforms thick. On Binance, verified traders are expected to deposit an amount with the platform, I think $10,000. This is asides their trading capital oh So, you see it is very difficult for any verified trader who has deposited his/her $10,000 With the platform to mess up. And again, their CS - customer service is very active. I have had a couple of disputes which were resolved in a swift manner. The only advice I will give is, if you are the buyer don't mistakenly confirm that you have received any coin you haven't received. Same goes to the seller, don't confirm that you have received the cash when you haven't. This is because the system is automated. Once the seller clicks the "I have received fund" button the system will automatically release the coin to the buyer. 1 Like |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by owagbeba: 10:17pm On Feb 18 |
theamazonguru: Let’s say I got $10000 from P2P market, moved to my spot wallet. Now I want to pay a company in Dubai. The company gave me the banking details (BANK OF Emirates 123456779). Is it possible to send the $10,000 in my spot wallet on Binance to this bank account? |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by Opinedecandid(m): 11:36pm On Feb 18 |
theamazonguru: Wow.. So nice and patient of you. Thank you. Ypu have been detailed enough. I'm grateful. 1 Like |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by theamazonguru(m): 7:06am On Feb 19 |
owagbeba: Smiles. Exchanges are not FIAT BANKS. So technically, you can't send the $10,000 from a crypto exchange (spot/funding wallets) to a bank account. No, NEVER. You can only transfer from wallet to wallet. But, you can pay from your bank account to his own bank account. Fiat money goes from bank account to bank account. And that bank account you are paying into , must appear on the receivers (seller's) trading profile. When you pay to that his Dom account from your own bank, he confirms receipt of that money, then the exchange platform releases the crypto to your wallet. It can also be the other way, if he send the cash to your Dom account from anywhere he is in the world, you confirm the receipt, then crypto leaves your own wallet for his own wallet also on that platform. Note:. Crypto is not sent to external wallet. Both the sending wallet and the receiving wallets must be on the crypto exchange. This is one of the control measures put in place to ensure tracking within the ecosystem. |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by darediamond(m): 7:28am On Feb 19 |
theamazonguru:With the exception of some few Vital things, I am doing it the way I said earlier and which you buttress here too to some extent. There other things involved though. Knowledge is Power. Wanna learn I am doing it successfully everyday against Tinubu"s Open Market Forex Policies Over NAIRA? Then it is time for you to CUT A CHECK FOE ME. 0706 067 8569 |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by darediamond(m): 7:37am On Feb 19 |
theamazonguru:There are Crypto Cards Now Through a which anyone can spend funds on his or her wallet. So once you load card with any of the CRYPTO DOLLARS, subject that card to Skrill for INTERNATIONAL MONEY TRANSFER. You can also use fin.do The Private Families Group or "Government" Can't Dare Block Crypto Routes 100% as it will have irreversible adverse effect on the old cargo Fiat system. Crypto is a Non-Stoppable Moving Train. Ever heard of PayPal Dollar Called PUSD? It is a clear affirmation of what I said that the Private Families group can't there face the Moving Train Of Crypto. Remember, USD is theres, USDT and it likes like USDC, TUSD, FDUSD, DAI etc is ours!! They don't know!! |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by theamazonguru(m): 7:52am On Feb 19 |
darediamond: How can one obtain the crypto cards 1 Like 1 Share |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by owagbeba: 8:29pm On Feb 19 |
theamazonguru: Lol… this is a loaded one. I know I’m a dinosaur to digital money. Just so hard for me to comprehend. I sincerely hope you’d have the patience to guide me on this. But, you can pay from your bank account to his own bank account. I don’t quite get this part. Since the oversea company do not have a Binance account, how do I do this (above quote) Ok.. school me on this as if I were a mid-schooler. Naira is depreciating every hour. I have say $100,000 oversea obligation to settle. Binance rate is better than the Aboki rate ( Binance quotes 1677, Aboki is quoting 1720) I need a faster means to convert NAIRA to USDT. Many here say Binance and Bybit will do it for me. The oversea company in UAE do not have a Binance account. They need the payment wired to their Bank account at Emirates Bank. Given that digital banking is the faster way as everyone on NL says, how do I achieve this? How do I convert my Naira quickly and also settle oversea obligation with apps like Binance? |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by moshuur(m): 3:09pm On Feb 20 |
dimeji1:Ur comment is very very very funny 🤣. My brother....it does not work that way oooo |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by VeeInsider: 5:31pm On Feb 26 |
What schools are you talking about? VIKTO83: |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by Sleekfingers: 8:48pm On Feb 27 |
bennardshaw90: Not interested. I have been to Portugal twice. |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by 004gist: 7:16am On Feb 28 |
VIKTO83: |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by Choski78(m): 6:10am On Mar 14 |
CatchMeIfUCanMO:yes so many people has done it so many |
Re: Japa!! Which Country Can I Travel To With 8 Million Naira?? by Lasunyoung(m): 8:11pm On Apr 16 |
Hello Nairalanders, I am writing to seek your genuine knowledge and insight on an issue that's beginning to look odd to me concerning my relocation plan to Finland through a work route. So my story goes like this, My neighbor left for Finland last year September and he has started working almost immediately. After several gisting and all since he got there, I mentioned to him that I would also love to come over since he confirmed that there are nice jobs there. So he told him it was his in-law that helped him with the processing and he could talk to him on my behalf if I'm serious about it. Eventually, he got back to me and told me the requirements and the amount it would cost me. He said he(the in-law) would be the one to help me get the job after which he would start processing my work Visa and Residence Permit immediately. The Odd part Now what's strange to me is that, he claims it is from there they would process my visa and I wouldn't have to do biometric, medical and even interview here in Nigeria. That sounds not right to me because with my little understanding, the Finnish embassy is supposed to invite me for an interview at some point before issuing me a visa into their country. My neighbor claims, it is when I get to Finland that I would then do the biometric and medical and within one week they would issue me my residence permit. I would appreciate someone with a sufficient experience about Finland processes and understanding about the method of processing visa from abroad to help shed some light to this matter for me. Thank you |
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