Nigerian traders lament losses as Bitcoin drops 52% value

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Many Nigerian Bitcoin traders are lamenting their losses because of the continued drop in the market value of Bitcoin.

Some suggested that the price might spiral to the $10k benchmark. One trader, who spoke under the condition of anonymity, said, “I have been in crypto for a while. In the past few weeks, let’s say about eight weeks if anyone tells you they’ve not lost money they are lying.

“And this loss is across the board. I can’t share some of these personal losses with you but in a group that I belong to, everyone asides from developers, have lost a lot of money since the turn of the year. A lot of people have lost money. According to the trader, prices are falling because of fear, uncertainty, and doubt. He added that the Russian-Ukraine war was also taking its toll on the market.

 

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Tears ooo😢😢😢

Which rubbish headline be this BTC is global but u chose to underreport. Let this sink, if they ban cryptos everyday, I still won't give a fvck. Only those who don't know how to short market are the ones complaining, not Nigerians. Their is more to journalism than this trash.

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