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Crypto Currency Investors Thread - Investment (2219) - Nairaland

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Re: Crypto Currency Investors Thread by Tyche(m): 10:16am On Feb 28, 2022
Slept on this ruble thing tbh, a thousand and one plays one would have made for some 15 to 20%. Maybe it's time to take a neutral perspective on the market, there are ways to profit no matter the market direction.
This thread use to be home for alphas but not anymore. From Pi miners to airdrop hunters and those that find fault in everything; it's easier for a camel to pass through the eye of the needle than seeing alpha here. Hopefully, we restore those glorious period.
To those that criticize people that drop calls that didn't go through; Na your papa be Dev? Abi Na the person way drop the call be Dev? Even the best calls can go wrong and there's nothing anybody can do about it. Let's stop this antagonistic attitude and take responsibility for any call, it's not easy doing such due diligence.
Before I use to go through this thread carefully, sift through the calls and play but not anymore. Most of us would not spend 4 to 6 hrs without coming here but not anymore. Let's respect ourselves abeg

28 Likes

Re: Crypto Currency Investors Thread by ElectronicMoney(m): 10:18am On Feb 28, 2022
seankafor:
There will be a total anarchy in crypto space if Kyiv should fall to Russia..

So far the Russian advancement has been stalled and seems Ukrainian crypto donations has helped the market recover from the last dip caused by the tensions of both sides..

Do you think Putin boys will take over Kyiv or they might just reach a truce considering both parties has agreed to meet in Belarus border for a meeting?

FA specialists over to you

Ibime, Singapore1

Why will there be anarchy if Kyiv falls?

2 Likes

Re: Crypto Currency Investors Thread by StrafordSTONES(m): 10:19am On Feb 28, 2022
Ibime:


Same as before. I am only buying after a dip with 10-20% of portfolio. eg I bought LUNA and AVAX on the dip to $37k last night. And I'm selling after 5 or 10%

Wish I had learned futures at this point




Lol...you would always play it safe.
Seriously that futures would have been very profitable in these times
Re: Crypto Currency Investors Thread by Bogdanoff: 10:20am On Feb 28, 2022
The wojak cycle continues. When you bought, bogdanoff sold his profit to you.

Timekeeper:


33 cry cry cry cry cry


I'm selling immediately it comes close to that price... Useless coin

4 Likes

Re: Crypto Currency Investors Thread by Bogdanoff: 10:24am On Feb 28, 2022
I will pump some coins very soon, let me put some joy in the hands of some apes with strong hands. let me make a call to pump them.

The power of BOGDANOFF

4 Likes

Re: Crypto Currency Investors Thread by XaToXi: 10:24am On Feb 28, 2022
seankafor:
Since October last year over 4 months,market has been boring swinging from 33k-45k..


Perfect settings for a grid bot grin
Re: Crypto Currency Investors Thread by XaToXi: 10:29am On Feb 28, 2022
StrafordSTONES:





Lol...you would always play it safe.
Seriously that futures would have been very profitable in these times






The ability to short or the ability to risk small money and make normal returns using leverage?

Or the ability to hedge your bets?
Re: Crypto Currency Investors Thread by Prayfortheworld: 10:34am On Feb 28, 2022
yusluvad:
You've asked this same question severally, and still asking. Why ? It is safe and easy to use...
Bro I'm asking about the P2P if it's safe like binance, if you can file for an appeal if someone refuse to release your coin or send money
Because alot of people I've asked no nothing about the P2P make them no go seize my coin and them no go release money

Understand my question

Because I'm about to put 2k dollars in it

1 Like

Re: Crypto Currency Investors Thread by StrafordSTONES(m): 10:36am On Feb 28, 2022
XaToXi:


The ability to short or the ability to risk small money and make normal returns using leverage?

Or the ability to hedge your bets?



I don't know if you are being sarcastic, but i think in terms of making max gains using leverage.
Re: Crypto Currency Investors Thread by Supremeboss: 10:38am On Feb 28, 2022
ASTAR Token (ASTR) Will Be Listed On Binance In 2 Hours. This project has huge potentials, it has received huge community support and the fundamentals are solid. Just read about it first; https://cryptostreetupdate.com/astar-token-astr-will-be-listed-on-binance-in-2-hours-buy-it-before-then/
Re: Crypto Currency Investors Thread by XaToXi: 10:43am On Feb 28, 2022
StrafordSTONES:




I don't know if you are being sarcastic, but i think in terms of making max gains using leverage.

Not being sarcastic.

I assumed the reason people are considering futures now is because we are in a downtrend/bear period/ranging and spot is almost useless in those situations.

Seems your reason is different.
Re: Crypto Currency Investors Thread by StrafordSTONES(m): 10:54am On Feb 28, 2022
XaToXi:


Not being sarcastic.

I assumed the reason people are considering futures now is because we are in a downtrend/bear period/ranging and spot is almost useless in those situations.

Seems your reason is different.



People also trade futures in an uptrending and highly volatile market ...but the reason it' has become a high valued knowledge is just as you have stated here. People who only know how to do spot are making little or no monies right now but the future traders even with small moves can still be making money.
Re: Crypto Currency Investors Thread by Ibime(m): 10:56am On Feb 28, 2022
StrafordSTONES:





Lol...you would always play it safe.
Seriously that futures would have been very profitable in these times









Even if I play futures, it will only be for profits to buy peppersoup. I'm not a gambler
Re: Crypto Currency Investors Thread by jovincyy10(m): 10:56am On Feb 28, 2022
Guys don't sleep on Abritrum nfts, they are cheap to mint and the roi is crazy... got WL for shogun wars and minted for less than $5. Price is currently at 0.25eth
Re: Crypto Currency Investors Thread by StrafordSTONES(m): 10:56am On Feb 28, 2022
Ibime:


Even if I play futures, it will only be for profits to buy peppersoup. I'm not a gambler



Kikiki...lols
Re: Crypto Currency Investors Thread by XaToXi: 11:19am On Feb 28, 2022
StrafordSTONES:




People also trade futures in an uptrending and highly volatile market ...but the reason it' has become a high valued knowledge is just as you have stated here. People who only know how to do spot are making little or no monies right now but the future traders even with small moves can still be making money.

True that.

It's never too late to learn though. Starting with 1-3x leverage. Baby steps.

I think what scares people away is the fear of liquidation and losing ALL your capital, which hardly happens in spot.

Once you understand leveraging and position sizing though, that risk is minimised.

1x - 100% drop to liquidate - same as spot
2x - 050% drop to liquidate
3x - 033% drop to liquidate
5x - 020% drop to liquidate
10x - 10% drop to liquidate
20x - 05% drop to liquidate
25x - 04% drop to liquidate
50x - 02% drop to liquidate
100x - 1% drop to liquidate

Considering that btc has dropped up to 10% in a day in recent times and some alts have done 20-30% drops, it will be too risky to use more than 10x leverage right now on limited budget or 1% of your portfolio when using high leverage to minimise risk of liquidation.

4 Likes 1 Share

Re: Crypto Currency Investors Thread by Enyinne(f): 11:22am On Feb 28, 2022
Really . That's quite high . The issue is when will it get there . grin
Timekeeper:


33 cry cry cry cry cry


I'm selling immediately it comes close to that price... Useless coin

1 Like

Re: Crypto Currency Investors Thread by Gr8tfulmind(m): 11:26am On Feb 28, 2022
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Re: Crypto Currency Investors Thread by Prosperity4All: 11:27am On Feb 28, 2022
Iamyemmie:

They give you coins you can’t sell
Metakings people said they will unlock feb 23
They have changed it to March again undecided

And in some cases they already collected gas fees from you.
That's the real scam.
Re: Crypto Currency Investors Thread by narite: 11:57am On Feb 28, 2022
Timekeeper:


Shut up joor... Who are th bosses.. Ote
Lol....okay, go back and enjoy your trash grin
Re: Crypto Currency Investors Thread by Prayfortheworld: 12:01pm On Feb 28, 2022
Please oh someone should tell me if kucoin P2P transaction is safe like binance
I wan put 2k dollars someone should talk to me
Re: Crypto Currency Investors Thread by dukeboss(m): 12:07pm On Feb 28, 2022
Prayfortheworld:

Bro I'm asking about the P2P if it's safe like binance, if you can file for an appeal if someone refuse to release your coin or send money
Because alot of people I've asked no nothing about the P2P make them no go seize my coin and them no go release money

Understand my question

Because I'm about to put 2k dollars in it
kucoin p2p very fast compared to binance . Did a transaction this morning less than 5 minutes my first time using there p2p.
Yes there is an appeal button, you have 30 minutes from the time of payment.

1 Like

Re: Crypto Currency Investors Thread by Prayfortheworld: 12:09pm On Feb 28, 2022
dukeboss:
kucoin p2p very fast compared to binance . Did a transaction this morning less than 5 minutes my first time using there p2p
Thanks so much

I can file for appeal if my coin or money is not released?
Re: Crypto Currency Investors Thread by dukeboss(m): 12:09pm On Feb 28, 2022
Prayfortheworld:

Thanks so much

I can file for appeal if my coin or money is not released?
yes
Modified
Prayfortheworld see ehn start with 10k first just to build your experience.
They don't charge fee.
Purchase from him.

Re: Crypto Currency Investors Thread by Prayfortheworld: 12:10pm On Feb 28, 2022
dukeboss:
yes
Thanks bro!
Please don't because offended. How can i change my bitcoin or other coins to usdt in kucoin
Re: Crypto Currency Investors Thread by dukeboss(m): 12:18pm On Feb 28, 2022
Prayfortheworld:

Thanks bro!
Please don't because offended. How can i change my bitcoin or other coins to usdt in kucoin
OK u selling,
Go to search bar type Btc. U will see it paired with usdt, like this btc/usdt. Do that for other coins and sell for usdt
Re: Crypto Currency Investors Thread by Prayfortheworld: 12:28pm On Feb 28, 2022
dukeboss:
OK u selling,
Go to search bar type Btc. U will see it paired with usdt, like this btc/usdt. Do that for other coins and sell for usdt
Thanks bro
Ok I'll now sell to usdt?
I should press sell right?
Re: Crypto Currency Investors Thread by dukeboss(m): 12:31pm On Feb 28, 2022
Prayfortheworld:

Thanks bro
Ok I'll now sell to usdt?
I should press sell right?
press sell fill the total amount u wish to sell then execute it
Re: Crypto Currency Investors Thread by Joanne85cesser: 12:50pm On Feb 28, 2022
What do you think that trading with a reputable broker isn't good for you? I think you do not know how a reputable and regulated broker helps you to get good results in trading. I prefer liteFinance as my primary choice where it provides a low spread and reliable platform for trading.

Thanks!
Re: Crypto Currency Investors Thread by solreb: 1:27pm On Feb 28, 2022
XaToXi:


True that.

It's never too late to learn though. Starting with 1-3x leverage. Baby steps.

I think what scares people away is the fear of liquidation and losing ALL your capital, which hardly happens in spot.

Once you understand leveraging and position sizing though, that risk is minimised.

1x - 100% drop to liquidate - same as spot
2x - 050% drop to liquidate
3x - 033% drop to liquidate
5x - 020% drop to liquidate
10x - 10% drop to liquidate
20x - 05% drop to liquidate
25x - 04% drop to liquidate
50x - 02% drop to liquidate
100x - 1% drop to liquidate

Considering that btc has dropped up to 10% in a day in recent times and some alts have done 20-30% drops, it will be too risky to use more than 10x leverage right now on limited budget or 1% of your portfolio when using high leverage to minimise risk of liquidation.

After you have entered a trade you should immediately increase your margin by adding more USDT for that trade and that will lower your liquidation percent

1 Like

Re: Crypto Currency Investors Thread by Bogdanoff: 2:25pm On Feb 28, 2022
How crypto works

1 Like

Re: Crypto Currency Investors Thread by XaToXi: 2:28pm On Feb 28, 2022
solreb:

After you have entered a trade you should immediately increase your margin by adding more USDT for that trade and that will lower your liquidation percent

That's position sizing.

If you use 1% of your portfolio at 100x, you won't need to do that since you will need a 100% drop to get liquidated.

100% portfolio @ 10x = 10% drop liquidation
050% portfolio @ 10x = 20% drop coverage
025% portfolio @ 10x = 40% drop
010% portfolio @ 10x = 80% drop approximately

2 Likes 1 Share

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