RETIRED NIGERIAN Profile picture
Energy, Finance, Markets 'Be water'
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20 May
Random thoughts about crypto investing and investing in general.

Do your own research (DYOR) often sounds like something people say to protect themselves if their projections/forecast about a coin are wrong but it's actually good advice.

These are some sites to go:
If you're looking to read fundamental and technical analysis by other investors and sometimes experts about an asset, stock or cryptocurrency, head on to Read articles on Reddit too (with a pinch of salt) cos there could be a bias but you still gain a bit
If you've never invested in the coin before, start from the whitepaper, read about the project, who are the parties involved, what are their backgrounds?

For this head on up to or and check the whitepaper or medium links.
Read 12 tweets
12 May
Are their other discussions around education, technology, finance, and social development happening in the North of Nigeria? Is there any reason why the hot topics we see are mostly about COWS, GRAZING and INSECURITY?
I spent a big part of my childhood in Minna, Niger State. From Bosso to Chanchaga, you could see the potential for development that just lies untapped and trapped in a patronage/feudalist structure that still remains till today. We were building robots as a kid in Minna for...
our science class.

Why has the national discussion about this region evolved to just COWS, GRAZING, and INSECURITY? Its just amazing. A region can never rise above the thinking of its leaders I guess. COWS in this day and age where rovers are landing on the Mars anyhow...
Read 5 tweets
10 May
I really worry for how people are throwing caution to the wind on crypto investments. On a risk scale of 1 to 10, with 1 as risk free close your eyes & sleep investments and 10 as high-risk., can't sleep investments, crypto is an 11. When you add leverage, the risk is multiplied
The saying is that, "the higher the risk, the higher the potential of return". Crypto has a high return potential and a high risk of losing your entire investment. So you're never meant to put more than you're willing to lose in it if you must invest. It should never exceed...
what we call your risk limit or 20% of your portfolio or 5% of your net worth. So when you tell me you invested $10k, you're telling me you're willing to walk away from a $10k loss and so on. The next question is what % of your portfolio or net worth is $10k? If material, you're
Read 6 tweets
4 May
Dear young one, relationships are work. While a lot of focus is often placed on personality, compatibility and finance, not enough is said about how much these things change over time as we go through life's phases. Just as we have the 4 seasons for weather, life has its own too.
I read a saying once that a man marries a woman because he thinks she'll remain the same while a woman marries a man because she thinks she can change him. And we often find that when we do get married, nothing could be farther from the truth. The man won't change his ways...
neither does the woman stay the same as that young chic you married. This is where the mental, emotional and spiritual maturity to handle these realities, sustain the romance and evolve your compatibility despite these, comes in. That is the hard work of the relationship.
Read 17 tweets
3 May
Ugo relocates from the US back to Nigeria, after his mum passes away in Lagos. He left the US as a former green beret with 2 tours on his belt. Most of his relatives only know he was working in America but not much about what he did because he was JSOC and kept it quiet.
He opens a gym in Lagos and starts to offer fitness training classes that attract the elite of society. His successes win him the admiration of many ladies, including the mistress of a notorious politician who in jealous anger, arranges some thugs to go deal with him one night.
It's a fairly easy fight for Ugo who overpowers them and drives them away, not before one of them pleads for mercy and unveils who sent them - but its only the middleman who was contacted by the politician. Meanwhile Aisha, a medical student just completed her studies....
Read 7 tweets
28 Apr
Starting over in Canada for 35+ senior professionals

100 likes and I'll do a thread
Ok so let's start with a bit of background...
so let's get into it.

When you're relocating to a new country to start over, its a brave step and I salute your courage. It takes a lot to leave that comfort of the career you've had to make a new one. So if you're just setting out, let me be the first to wish you all the best
Read 45 tweets
26 Apr
When you've studied 'Chaos Theory' long enough, you'll know that nothing is truly and purely random or coincidental. Even in the midst of the most chaotic and unconnected events, there's often a deeper-lying observable pattern, trend or linkage. It's not immediately obvious.
To every end, there's a means. Men have overtime chosen the path of chaos to achieving their ends because chaos is unsettling, forces even the most noble of men to seek comfort in the bliss of wilful ignorance or faux intellectualism but contrary to opinion, history shows...
Chaos cannot be controlled. If you borrow power from chaos, you become a servant of its wishes eventually. Like energy that can not be destroyed but transformed from one form to another, chaos is relentless once given room to fester. It's like the broken window theory...
Read 5 tweets
16 Apr
The problem is not the printing of money. Its how you release that money into the economy. Let's break this down using the economy function

Y = C + I + G + (X-M)

C = Private Consumption
I = Investments
G = Government consumption
X-M = Net Exports (exports - imports)
The best way to understand this is to use numbers so let's imagine Y = 100 and broken down as follows:

Y(100) = C (80) + I (10) + G (13) + X-M (-3)

This basically shows how we arrive at Y. If you want to grow Y, you can find a way to increase C or I or G or make X-M +ve
NBS has the breakdown for Nigeria in its 2020 GDP and its more like this

GDP = C (62) + I (16) + G (9) + X-M (13)

Source: NBS
Read 10 tweets
16 Apr
Travel Thread - Best Hotels you've stayed in these African countries

Let's go.
Let's start with Ghana. Quote with your top hotel and why you think it is.
I like Cote d'ivoire but if you're not a french speaker you might struggle. Best hotel?
Read 14 tweets