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Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! - Investment (5) - Nairaland

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Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 3:01pm On Feb 15
On another news, btc has broken the down trend line,, however, it might stil be prudent to wait a bit and watch how things unfold.
To be reasonably certain what happened when last it broke the downtrend line(see attached picture when it broke $16k) doesnt happen again.
Altho that can be prevented/mitigated by using stop losses.

Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by teraflu(m): 8:49pm On Feb 15
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Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 7:25am On Feb 20
Yo check this out. Theres still another resistance to cross to give us more assurance that we are now trending up. BTC price broke through the left-hand downtrend line, can it do same for the right side?

Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 7:53pm On Feb 28
Ive reduced trading... The reason is the market has been very choppy with no clear trend and i dont also like buying and holding.
How are you portfolios?
#tradeLife #cryptocurrency #bitcoin #IWC
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 9:17pm On Mar 09
Seems we are in another black weekend. Try as much as possible to preserve your capital in this choppy and bearish market through the use of stops. Or you might want to cease trading altogether till a bullish run is established
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by checkedout: 10:01pm On Mar 09
chinnyonwu:
Seems we are in another black weekend. Try as much as possible to preserve your capital in this choppy and bearish market through the use of stops. Or you might want to cease trading altogether till a bullish run is established

good day. i trade on Bitmex and i am enjoying it
i always follow price movement when it moves from certain price to and fro and i do 0-50 margin up and down.
pls i would like to know where to get 4hr chart .

thanks
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 3:18pm On Mar 10
checkedout:


good day. i trade on Bitmex and i am enjoying it
i always follow price movement when it moves from certain price to and fro and i do 0-50 margin up and down.
pls i would like to know where to get 4hr chart .

thanks
50X margin? shocked
So a 2% adverse move will wreck you? Very risky for me
Anyways u can see a 4hr chart on tradingview.com
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by checkedout: 4:56pm On Mar 10
chinnyonwu:

50X margin? shocked
So a 2% adverse move will wreck you? Very risky for me
Anyways u can see a 4hr chart on tradingview.com

Lolzzzzz Na i mean lets say i enter trade at 10000 and close it at 10050 with 10x leverage.. i know about Trading view i just want another
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by Malix: 10:27am On Mar 11
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Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by Malix: 2:52pm On Mar 14
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Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by Nobody: 7:05pm On Mar 21
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Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 9:46pm On Mar 26
Since the market has turned bearish, its better to start loving the bears.
Learn how to short.
Check my video on shorting here


https://www.youtube.com/watch?v=eH1xTa9xORc
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by shiffynaani(m): 12:54am On Mar 27
chinnyonwu:
Since the market has turned bearish, its better to start loving the bears.
Learn how to short.
Check my video on shorting here


https://www.youtube.com/watch?v=eH1xTa9xORc
mr Chinyonwu, Pls I Would That You Lay This Thing In A Step By Step Way Here On Nairaland For The Sake Of Those Who Don't Have Smartphones Like Me. We Just Don't Understand!
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 6:35am On Mar 27
shiffynaani:
mr Chinyonwu, Pls I Would That You Lay This Thing In A Step By Step Way Here On Nairaland For The Sake Of Those Who Don't Have Smartphones Like Me. We Just Don't Understand!
No offense, but if you dont have a smart phone, what do you intend trading with?
If you say a laptop, then watch the video with a laptop, a video is much more detailed than anything i can write.
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by shiffynaani(m): 8:45am On Mar 27
chinnyonwu:

No offense, but if you dont have a smart phone, what do you intend trading with?
If you say a laptop, then watch the video with a laptop, a video is much more detailed than anything i can write.
ok Thanks. But Where Can I Watch The Video,pls?
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 5:21am On Mar 31
ALERT�

#bitcoin price is hovering around the Long term ascending trend line support (at $6543) which is yesterday's low.

If the price goes below that, a free fall should be expected.

Incase you haven't noticed all other coins price are strongly correlated to bitcoins price.
Whatever your trade plan, always use #stoploss in case the trade goes against you.

#cryptocurrency #tradeLife #bitcoin #ethereum #xrp

Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by VCP0AyF: 8:57am On Mar 31
This is my bitfinex wallet today. What you need to trade is your phone, good
internet after learning the basics. Don't miss out if you are not the lazy
type.

Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by honeycrown16(m): 3:21pm On Apr 18
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Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 9:13pm On May 13
Its easy to be a millionaire in crypto trading.... If you were already a billionaire. Trade with caution

1 Like

Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by taxiappguy: 1:31am On May 14
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Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by olumide226: 3:36am On May 14
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Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 8:24pm On May 17
In this choppy markets ive learnt to trade mostly larger timeframes

And i mostly only use RSI indicator

RSI indicator shows when a stock is oversold and overbought.
The general idea is to long when RSI is oversold and short when RSI is overbought.
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by MOBBDEEP: 6:10pm On May 19
chinnyonwu:
In this choppy markets ive learnt to trade mostly larger timeframes

And i mostly only use RSI indicator

RSI indicator shows when a stock is oversold and overbought.
The general idea is to long when RSI is oversold and short when RSI is overbought.


Brother, how do you interpret or analyse this RSI Index?
Because I saw it's like a graph & nothing more
I learnt combination of RSI, MA & MACD are killer combos
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 3:25am On May 20
MOBBDEEP:


Brother, how do you interpret or analyse this RSI Index?
Because I saw it's like a graph & nothing more
I learnt combination of RSI, MA & MACD are killer combos
I usually use RSI to determine if prices are overbought or oversold. RSI above 70 indicates overbought conditions and prices are likely to head downwards. RSI below 30 indicates oversold conditions and prices are likely to correct.
It also follow that, all things being equal, never short in oversold conditions and never long (buy) in overbought conditions.
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by MOBBDEEP: 9:58am On May 20
chinnyonwu:

I usually use RSI to determine if prices are overbought or oversold. RSI above 70 indicates overbought conditions and prices are likely to head downwards. RSI below 30 indicates oversold conditions and prices are likely to correct.
It also follow that, all things being equal, never short in oversold conditions and never long (buy) in overbought conditions.
God bless you and thank you very much for the response.
I will apply the lesson and read more about it.
Thank you once again Sir

1 Like

Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by spyglaxx: 3:45pm On May 23
Sharp traders lets collabo and be buying signals.Only three traders, if you are a newbie please don't bother yourself cause am not ready to be answering unnecessary questions.

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Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 11:47am On May 24
When its time to long, i love longing alts against longing bitcoin.
Reason is that, just as alts sink faster then bitcoin, they also usually rise at a faster pace than bitcoin.
As we get ready to long, keep this is mind.
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by Blinking44: 12:00pm On May 24
chinnyonwu:
When its time to long, i love longing alts against longing bitcoin.
Reason is that, just as alts sink faster then bitcoin, they also usually rise at a faster pace than bitcoin.
As we get ready to long, keep this is mind.
Hi, you re actually a doing a good job here, pplre actually learning one or two things from you. Kudos!
Pls how do I stop loss my coin on binance? how do I retain my current value of my coin, I mean to stop trading, and when the price start to increase, I return to trade.
Re: Have You Wondered How You Can Make Money With Cryptos? You're In Luck!! by chinnyonwu(m): 12:26pm On May 24
Blinking44:

Hi, you re actually a doing a good job here, pplre actually learning one or two things from you. Kudos!
Pls how do I stop loss my coin on binance? how do I retain my current value of my coin, I mean to stop trading, and when the price start to increase, I return to trade.
Thanks bro.
I haven't used binance so i dont kniw if they have stop loss feature.. If they dont (some exchanges dont), you have to settle for manually exiting your tradr when it goes against u upto a certain level.
As for conserving your capital- great idea.
You do that by selling your bitcoin /coin to USD.
Some exchanges call it USDT.
When your money is in USDT, the value stays stagnant.

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