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Binance Trading - Investment - Nairaland

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CRYPTO: Total Beginners' Guide On How To Get Started With Binance To A Pro Level / For Those Interested In Joining A Binance Trading What'spp Groups / Open A Binance Trading Account Today without paying a KOBO!!! (2) (3) (4)

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Binance Trading by gargoylern: 9:38pm On Apr 30, 2020
Hello peeps,

As you may know binance is now trading naira against a number of other cryptos, including BUSD. For some of us who are not interested in the US or Canadian stock markets, it appears we now have binance to the rescue. This is not only very appropriate, it is also convenient. Trading on binance is as simple as sending money from your ATM card and choosing your picks. I have done this in the past few days and have made some sizeable returns. For example, I bough BNB when it was at a little over 4000ngn after the last bitcon crash and sold just some hours ago when it hit a nice 7500ngn. Besides, BNB there is also BUSD and BTC. More about BUSD later!

The world is starting to realize the impact of crypto and Nigeria is one of the the biggest countries in Africa that is into cryptos. While this is still a risky asset, if you know how to make your picks and do your trade you should be fine. Besides, binance is the biggest crypto exchange in the world and you are in the safest hands you can be when you trade on this exchange, compared to say CEX or Kucoin.

BUSD is binance dollar and it is guaranteed at 1USD. At this moment, while the naira is trading in the parallel market at 430-450, BUSD is currently sitting at 398 after a massive crash due to some recent excitement in the market. This may be an appropriate time to get in. Maybe after a little wait. It may get to a little above 394-395.

Anyways, I declare this thread open to those who may be interested in making some cool naira off binance. Let's talk, share ideas and see how we can all be riccccccccccccccchhhhh!!! grin

5 Likes

Re: Binance Trading by gargoylern: 9:41pm On Apr 30, 2020
How is this not a buy? undecided

1 Like

Re: Binance Trading by Demmtek(m): 9:53pm On Apr 30, 2020
tongue embarassed
Re: Binance Trading by emillysmigael(f): 10:01pm On Apr 30, 2020
I have temporarily retired from crypto activities for now...

2 Likes

Re: Binance Trading by willieguy: 10:02pm On Apr 30, 2020
Am on binance too just for storing some assets, I see the trading as a huge opportunity but I don't want to rush in because I seems not to understand how this new development works. If the OP can shed more light on this I will be very happy
Re: Binance Trading by gargoylern: 10:03pm On Apr 30, 2020
emillysmigael:
I have temporarily retired from crypto activities for now...
You don't have to. Just keep keeping on tongue
Maybe you lost money?
Re: Binance Trading by gargoylern: 10:04pm On Apr 30, 2020
willieguy:
Am on binance too just for storing some assets, I see the trading as a huge opportunity but I don't want to rush in because I seems not to understand how this new development works. If the OP can shed more light on this I will be very happy

Which new development?
I think if you want to trade crypto, you should wait for moments of big opportunities. You have to be patient and buy into the market only after a big crash, no more, no less.
Re: Binance Trading by emillysmigael(f): 10:07pm On Apr 30, 2020
gargoylern:

You don't have to. Just keep keeping on tongue
Maybe you lost money?
I lost millions...
Re: Binance Trading by gargoylern: 10:25pm On Apr 30, 2020
emillysmigael:
I lost millions...
Sorry. Many people did when bitcoin fell massive.

1 Like

Re: Binance Trading by sammyuche(m): 7:47am On May 01, 2020
i bought BUSD at 379 naira last night. I know it would increase soon but then to make significant profit one has to be hoping prices get above 400usd. On the other hand NGN/BTC is fluctuating like crazy with many lows and highs in a day. @ OP what’s ur take in this market. Is the profit much better
Re: Binance Trading by Goddys(m): 9:01am On May 01, 2020
sammyuche:
i bought BUSD at 379 naira last night. I know it would increase soon but then to make significant profit one has to be hoping prices get above 400usd. On the other hand NGN/BTC is fluctuating like crazy with many lows and highs in a day. @ OP what’s ur take in this market. Is the profit much better

do you know if crypto prices are uniform across exchanges. can one buy frm binance and sell on luno and make profit
Re: Binance Trading by MrCurious: 9:57am On May 01, 2020
emillysmigael:
I lost millions...
Oh my!!
Well that’s life! What works for john may never work for doe.
Although, by losing that huge amount of funds, we can pinch out some suspicions of you trading crypto with FOMO and/or Emotions. FOMO means Fear Of Missing Out!
Trading crypto isn’t just buying and selling. It comes with a lot of principles and fundamentals such as Chart reading, event forecasting, deciding what trends the while market is in, some little technical analysis and so on.

Well, as a female, it’s only natural for you to trade based on emotions but it’s really bad. To earn more from cryptos, you need to have some set rules and a third mind. smiley
The cryptoverse is an entirely large world on its own you know wink
There are some Foolproof trading system that i can show you (if you are ready to allocate from $2k upward into crypto) that doesn’t require you sending out your funds from your wallet (only wallet such as coinbase and blockchain supported for now) which will have you smiling each and every time you look at your wallet and I’m sure you’ll bless me with prayers when you follow this simple trading system I’ll show you (only if you show interest). cool

You can also check my threads about how i walked my way from $1k USDT to almost $46k by visiting this link
https://www.nairaland.com/5826294/millionaire-like-me-trading-crypto.
Cheers smiley
Re: Binance Trading by VicThory(m): 10:44am On May 01, 2020
gargoylern:
Hello peeps,

As you may know binance is now trading naira against a number of other cryptos, including BUSD. For some of us who are not interested in the US or Canadian stock markets, it appears we now have binance to the rescue. This is not only very appropriate, it is also convenient. Trading on binance is as simple as sending money from your ATM card and choosing your picks. I have done this in the past few days and have made some sizeable returns. For example, I bough BNB when it was at a little over 4000ngn after the last bitcon crash and sold just some hours ago when it hit a nice 7500ngn. Besides, BNB there is also BUSD and BTC. More about BUSD later!

The world is starting to realize the impact of crypto and Nigeria is one of the the biggest countries in Africa that is into cryptos. While this is still a risky asset, if you know how to make your picks and do your trade you should be fine. Besides, binance is the biggest crypto exchange in the world and you are in the safest hands you can be when you trade on this exchange, compared to say CEX or Kucoin.

BUSD is binance dollar and it is guaranteed at 1USD. At this moment, while the naira is trading in the parallel market at 430-450, BUSD is currently sitting at 398 after a massive crash due to some recent excitement in the market. This may be an appropriate time to get in. Maybe after a little wait. It may get to a little above 394-395.

Anyways, I declare this thread open to those who may be interested in making some cool naira off binance. Let's talk, share ideas and see how we can all be riccccccccccccccchhhhh!!! grin


Hello. I also want to learn. The application is just sitting lazily in phone. Can you help me out?
Re: Binance Trading by gargoylern: 12:19am On May 02, 2020
sammyuche:
i bought BUSD at 379 naira last night. I know it would increase soon but then to make significant profit one has to be hoping prices get above 400usd. On the other hand NGN/BTC is fluctuating like crazy with many lows and highs in a day. @ OP what’s ur take in this market. Is the profit much better
Wise decision. If you went in with a substantial amount, which to be is a no-brainer at 379, then you can cash out at 400.
But it's going to get to 420 at least in the short term. So you can cash out then. Unlike BTC/NGN, BUSD/NGN doesn't move that much, so it's best to trade it with large chunks. Personally, I'd stay away from BTC/NGN right now, as the market is still quite volatile.
Re: Binance Trading by gargoylern: 12:20am On May 02, 2020
VicThory:



Hello. I also want to learn. The application is just sitting lazily in phone. Can you help me out?
Send some money in and buy BUSD/NGN. It's at a low price right now.
Re: Binance Trading by gargoylern: 12:22am On May 02, 2020
Goddys:


do you know if crypto prices are uniform across exchanges. can one buy frm binance and sell on luno and make profit
That's called arbitraging. Given the fees most of these exchanges charge, especially on the naira, you may not really make much from arbitraging. Arbitraging also requires that you do very frequent trades, and while you are waiting for BTC confirmations the price may swing against you. Honestly, it's just better to buy and hold.
Right now, binance is offering the best opportunity for naira trading. And when more people learn that they can secure their money in BNB for example, the price will go through the roof. I won't be surprised if BNB rises exponentially squarely due to its pairing with NGN.
Re: Binance Trading by seemegold(f): 8:26am On May 02, 2020
MrCurious:

Oh my!!
Well that’s life! What works for john may never work for doe.
Although, by losing that huge amount of funds, we can pinch out some suspicions of you trading crypto with FOMO and/or Emotions. FOMO means Fear Of Missing Out!
Trading crypto isn’t just buying and selling. It comes with a lot of principles and fundamentals such as Chart reading, event forecasting, deciding what trends the while market is in, some little technical analysis and so on.

Well, as a female, it’s only natural for you to trade based on emotions but it’s really bad. To earn more from cryptos, you need to have some set rules and a third mind. smiley
The cryptoverse is an entirely large world on its own you know wink
There are some Foolproof trading system that i can show you (if you are ready to allocate from $2k upward into crypto) that doesn’t require you sending out your funds from your wallet (only wallet such as coinbase and blockchain supported for now) which will have you smiling each and every time you look at your wallet and I’m sure you’ll bless me with prayers when you follow this simple trading system I’ll show you (only if you show interest). cool

You can also check my threads about how i walked my way from $1k USDT to almost $46k by visiting this link
https://www.nairaland.com/5826294/millionaire-like-me-trading-crypto.
Cheers smiley

Keep the good work going bro, following your other thread. i'm on Binance also have a blockchain wallet can i trade with btc from my blockchain wallet in binance or what can i do on blockchain because i think it only met for storage.
Re: Binance Trading by Nobody: 8:54am On May 02, 2020
emillysmigael:
I lost millions...

Lol
Re: Binance Trading by shakurban(m): 11:46am On May 02, 2020
I trade mostly Alts in Binance on Short-Term basis. I realized its requires a lot Patience and Strategies,yesterday made 22% on my portfolio trading #HBAR and #COTI
Re: Binance Trading by sammyuche(m): 11:08pm On May 03, 2020
gargoylern:
Hello peeps,

As you may know binance is now trading naira against a number of other cryptos, including BUSD. For some of us who are not interested in the US or Canadian stock markets, it appears we now have binance to the rescue. This is not only very appropriate, it is also convenient. Trading on binance is as simple as sending money from your ATM card and choosing your picks. I have done this in the past few days and have made some sizeable returns. For example, I bough BNB when it was at a little over 4000ngn after the last bitcon crash and sold just some hours ago when it hit a nice 7500ngn. Besides, BNB there is also BUSD and BTC. More about BUSD later!

The world is starting to realize the impact of crypto and Nigeria is one of the the biggest countries in Africa that is into cryptos. While this is still a risky asset, if you know how to make your picks and do your trade you should be fine. Besides, binance is the biggest crypto exchange in the world and you are in the safest hands you can be when you trade on this exchange, compared to say CEX or Kucoin.

BUSD is binance dollar and it is guaranteed at 1USD. At this moment, while the naira is trading in the parallel market at 430-450, BUSD is currently sitting at 398 after a massive crash due to some recent excitement in the market. This may be an appropriate time to get in. Maybe after a little wait. It may get to a little above 394-395.

Anyways, I declare this thread open to those who may be interested in making some cool naira off binance. Let's talk, share ideas and see how we can all be riccccccccccccccchhhhh!!! grin

please boss can you make a detailed tutorial on binance lending /saving and interest that’s gotten on it if someone opts for it
Re: Binance Trading by ciencee(m): 8:09am On May 04, 2020
gargoylern:

Wise decision. If you went in with a substantial amount, which to be is a no-brainer at 379, then you can cash out at 400.
But it's going to get to 420 at least in the short term. So you can cash out then. Unlike BTC/NGN, BUSD/NGN doesn't move that much, so it's best to trade it with large chunks. Personally, I'd stay away from BTC/NGN right now, as the market is still quite volatile.
Pls. op, can one open an account with binance and buy dollars with naira using his ATM card, and after sometime, withdraw the dollars into his domiciliary account. just wanted to know if I will hedge my naira in dollars using this method.
Re: Binance Trading by gargoylern: 8:45am On May 04, 2020
ciencee:

Pls. op, can one open an account with binance and buy dollars with naira using his ATM card, and after sometime, withdraw the dollars into his domiciliary account. just wanted to know if I will hedge my naira in dollars using this method.
I don't think you can withdraw dollars directly from binance. But you can withdraw GBP. But there is no NGN/GBP pair.
Re: Binance Trading by Nobody: 10:29am On May 04, 2020
emillysmigael:
I have temporarily retired from crypto activities for now...
lol I hope we are not on same page

I invested 5k and traded to 6k only to withdraw 2500 after 3 months. E pain me grin
Re: Binance Trading by Nobody: 10:32am On May 04, 2020
mtinfx:


Lol
I am still neck deep in cryptocurrency
Even after losing millions in 2018
I still made same millions from it in 2017
And still do till date

Staking, mining and margin trading when done well, pay lucratively on a daily
briefly explain the above listed.
Pls as brief as possible for I am tired of the tiny ROI per trade
Re: Binance Trading by zotorux(m): 3:31pm On May 04, 2020
shakurban:
I trade mostly Alts in Binance on Short-Term basis. I realized its requires a lot Patience and Strategies,yesterday made 22% on my portfolio trading #HBAR and #COTI
Are those the only two altcoins you trade on?
Re: Binance Trading by joyfit: 4:53pm On May 04, 2020
sammyuche:


please boss can you make a detailed tutorial on binance lending /saving and interest that’s gotten on it if someone opts for it
smiley
Re: Binance Trading by Miarose: 5:05pm On May 04, 2020
I got into a rare paid group that leaks binance listing info. That is all I do now.. average returns per listing is 80%. 4 hits out of 4 leaks so far. 2020 is my year.
Re: Binance Trading by Nobody: 6:05pm On May 04, 2020
Lamb101:
briefly explain the above listed.
Pls as brief as possible for I am tired of the tiny ROI per trade
Your budget determines what will be cool for you
Re: Binance Trading by seemegold(f): 7:06pm On May 04, 2020
gargoylern:
Hello peeps,

As you may know binance is now trading naira against a number of other cryptos, including BUSD. For some of us who are not interested in the US or Canadian stock markets, it appears we now have binance to the rescue. This is not only very appropriate, it is also convenient. Trading on binance is as simple as sending money from your ATM card and choosing your picks. I have done this in the past few days and have made some sizeable returns. For example, I bough BNB when it was at a little over 4000ngn after the last bitcon crash and sold just some hours ago when it hit a nice 7500ngn. Besides, BNB there is also BUSD and BTC. More about BUSD later!

The world is starting to realize the impact of crypto and Nigeria is one of the the biggest countries in Africa that is into cryptos. While this is still a risky asset, if you know how to make your picks and do your trade you should be fine. Besides, binance is the biggest crypto exchange in the world and you are in the safest hands you can be when you trade on this exchange, compared to say CEX or Kucoin.

BUSD is binance dollar and it is guaranteed at 1USD. At this moment, while the naira is trading in the parallel market at 430-450, BUSD is currently sitting at 398 after a massive crash due to some recent excitement in the market. This may be an appropriate time to get in. Maybe after a little wait. It may get to a little above 394-395.

Anyways, I declare this thread open to those who may be interested in making some cool naira off binance. Let's talk, share ideas and see how we can all be riccccccccccccccchhhhh!!!
grin

pls can you explain limit order and stop loss and when it is necessary to use it on binance and is it possible to trade without understanding the graph and candle stick? Thanks bro
Re: Binance Trading by Nobody: 7:16pm On May 04, 2020
mtinfx:

Your budget determines what will be cool for you
okay. I'm listening
Re: Binance Trading by Nobody: 7:21pm On May 04, 2020
Lamb101:
okay. I'm listening

Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. Essentially, it consists of locking cryptocurrencies to receive rewards

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