@Alexandhenry_05 Respectfully, that person doesn't know what they're talking about.
NGX hasn't made a new all-time high in USD terms since 2007.
Its been a horrendous hedge over the past 20 years lmao
To all those who are euphoric rn about the golden bull run on the NGX:
Exchange rate depreciation has eaten away all your gains in the last 10 years, so by no means is this a good long-term investment.
Play your cards wisely
FYI, if you invested in GTCO for any reasonable time period, you're probably down in real terms when accounting for exchange rate and inflation.
But yay let's clap for your lil 10% dividend yield, you're literally so smart bro🥰🥰
GTCO is paying ₦11.76 dividend (proposed).
Qualification date: April 13.
Payment date: April 28
GTCO already told you when your money is coming.
But you’re still asking:
“Which crypto will 10x this week?”
Dividend will enter some people’s account quietly.
Others will still be refreshing charts.
Carry on
IFE❤️
@Tyler_Did_It I concur.
By far the best proxy out there right now, especially how well their earnings turned out to be despite the market downturn.
My only regret is not getting exposure sooner
@Alexandhenry_05 They always expect every cycle to play out just like it did in the past.
Meanwhile, most times it plays out differently and they end up being wrong
"The cycle hasn't topped until we've seen a blow-off top with euphoria"
"We can't just V-shape up from the bottom, we need to see HTF chop first"
You see the pattern???
Going purely off market structure, I'd love to short this move if we close like this on the daily.
However, the context of this move is important. A sell-off driven mainly by Trump tariff fears is not one I'd want to be shorting.
Gotta resist the urge and stay out of positions