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Crypto Currency Investors Thread - Investment (2636) - Nairaland

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Re: Crypto Currency Investors Thread by Geovanni412(m): 1:58pm On Jul 07
samuelgodson:
Was watching a video tutorial on futures trading..... Nd d dude said 10x leverage mean d trader loses the trade if bitcoin drops by 10%
Nd 20x leverage means d trader loses the trade if bitcoin drops by 5%
In a long position

Just want to confirm d authenticity of dis info

That's precisely what it means
Re: Crypto Currency Investors Thread by Siberia01(m): 2:35pm On Jul 07
XaToXi:


Leveraged tokens eg btcup, btc3L, btcbull and the down, 3S and bear counterparts.

seems meme coins like shiba ,doge also fly
Matic , XLM, XRP also performs

I asked cause I mostly trade spot
Re: Crypto Currency Investors Thread by XaToXi: 2:59pm On Jul 07
Siberia01:
seems meme coins like shiba ,doge also fly
Matic , XLM, XRP also performs

I asked cause I mostly trade spot

Very difficult to say 100% for those coins eg when shiba pumps, it sucks life out of btc and the market generally but that doesn't mean it will dump if BTC pumps though.

But for leveraged tokens, you can be 99% sure they correlate.

Leveraged tokens are available on spot only.

1 Like

Re: Crypto Currency Investors Thread by Siberia01(m): 3:11pm On Jul 07
XaToXi:


Very difficult to say 100% for those coins eg when shiba pumps, it sucks life out of btc and the market generally but that doesn't mean it will dump if BTC pumps though.

But for leveraged tokens, you can be 99% sure they correlate.

Leveraged tokens are available on spot only.

spot on

1 Like

Re: Crypto Currency Investors Thread by seankafor(m): 3:12pm On Jul 07
Re: Crypto Currency Investors Thread by seankafor(m): 3:21pm On Jul 07
Re: Crypto Currency Investors Thread by Coochieking: 3:47pm On Jul 07
Siberia01:
Can anyone give a clue on coins that gives bigger percentage increase or decrease in correlation to BTC movement..? undecided
Please
add Snxusdt and kncusdt on your watch list they usually pump hard if btcusdt chooses to pump just last week or so snxusdt pumped more than 40% frpm the small pump btc pump not at once though gradual pump(cumulative pump) did over 15% in a day and kept adding the next day.

Them don de my watch list since i just de observe them you can add them too and observe.

1 Like

Re: Crypto Currency Investors Thread by jidex4life: 3:58pm On Jul 07
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Re: Crypto Currency Investors Thread by Siberia01(m): 4:14pm On Jul 07


TA rubbished once again

With this market manipulations... How do you expect people to make $1 a day

Re: Crypto Currency Investors Thread by XaToXi: 4:38pm On Jul 07
Siberia01:


TA rubbished once again

With this market manipulations... How do you expect people to make $1 a day

Not rubbished at all.

Btc was in a wedge and was going to breakout upwards or downwards.

Guess Celsius paying off their loans and a few whales going long helped it breakout upwards.

It will still need to retest the breakout region and continue upwards to 21500/22000/22500/23000 if it finds support on the retest.

1 Share

Re: Crypto Currency Investors Thread by Siberia01(m): 4:55pm On Jul 07
XaToXi:


Not rubbished at all.

Btc was in a wedge and was going to breakout upwards or downwards.

Guess Celsius paying off their loans and a few whales going long helped it breakout upwards.

It will still need to retest the breakout region and continue upwards to 21500/22000/22500/23000 if it finds support on the retest.

I seriously feel BTC Will find a new support at the 20500 level after a Breakout and retest
Re: Crypto Currency Investors Thread by XaToXi: 5:38pm On Jul 07
Siberia01:
I seriously feel BTC Will find a new support at the 20500 level after a Breakout and retest

Hopefully. Or at least 20k/19800
Re: Crypto Currency Investors Thread by Titanium001: 5:45pm On Jul 07
Siberia01:
Can anyone give a clue on coins that gives bigger percentage increase or decrease in correlation to BTC movement..? undecided
Please
gmt, atom, matic
Re: Crypto Currency Investors Thread by wink2015: 6:00pm On Jul 07
I am following pionex cypto information.
Re: Crypto Currency Investors Thread by seunmsg(m): 8:34pm On Jul 07
How long will this pump last?
Re: Crypto Currency Investors Thread by DenreleDave(m): 8:57pm On Jul 07
seunmsg:
How long will this pump last?

Seanwilliam enter market oo..

Omo iye mi grin grin cheesy
Re: Crypto Currency Investors Thread by Siberia01(m): 9:21pm On Jul 07
angry

Shit I just missed the bear season undecided
Coins are already flying

I pray this doesn't go bullish than this.... I

Cc Ibime what do you have to say sir ?

Xatoxi sir,

grin

Are we still going up?
Because the next resistance level has been broken
And about to be retested, hopefully a breakout

@kingsteeve we need you now than ever
@Geovanni

Re: Crypto Currency Investors Thread by XaToXi: 9:37pm On Jul 07
Siberia01:
angry

Shit I just missed the bear season undecided
Coins are already flying

I pray this doesn't go bullish than this.... I

Cc Ibîme what do you have to say sir ?

Xatoxi sir,

grin

Are we still going up?
Because the next resistance level has been broken
And about to be retested, hopefully a breakout

@kingsteve we need you now than ever

My brother, if it doesn't go up, it will go down grin

If it reaches 22k, next bus stop is 22k5. grin

Seriously though, I expect this pump to peak between 22k and 23k. Maybe with a short squeeze to 24500 max.

Those that bought the dip are already taking profits gradually, and will continue doing so till 23k with stop loss in place.

Won't be a bad idea to ladder up shorts from here to 23k.

Those trading on spot can wait for the 20k to 20k6 retest to FOMO.


Hourly support is 20840 while 4H has 20430 and 20180 as supports.

1 Like

Re: Crypto Currency Investors Thread by Siberia01(m): 9:59pm On Jul 07
XaToXi:


My brother, if it doesn't go up, it will go down grin

If it reaches 22k, next bus stop is 22k5. grin

Seriously though, I expect this pump to peak between 22k and 23k. Maybe with a short squeeze to 24500 max.

Those that bought the dip are already taking profits gradually, and will continue doing so till 23k with stop loss in place.

Won't be a bad idea to ladder up shorts from here to 23k.

Those trading on spot can wait for the 20k to 20k6 retest to FOMO.


Hourly support is 20840 while 4H has 20430 and 20180 as supports.



grin as the market pleases to bless us with
We shall see!

1 Like

Re: Crypto Currency Investors Thread by Nobody: 10:37pm On Jul 07
*Seriously, based on my personal experience, you can learn it all by yourself as a newbie.. to achieve this,
*You should have as many learning materials as possible (e-books, YouTube videos, mk frnds with fx traders with the aim of learning from them etc). Note that learning in fx has no end.
*You should have a trading strategy and a trading plan that has been back-tested consistently over an extended historical period of time. Note that the implementation of an already designed trading plan is the ultimate job of a FX trader.
*You should have a trading journal where you record the outcome of each trade (Note that the best mentor you can ever have is your own mistakes. Always reflect on them & learn from them).
*Stay away from signal groups if you really want to learn fx. And always do your own TA before looking at another person's own.

Finally, respect & be friendly to fx traders whenever you come across one ( a guru or non-guru; on this forum or outside this forum); there is always one or two things you can learn from them.

7 Likes 3 Shares

Re: Crypto Currency Investors Thread by Nobody: 10:51pm On Jul 07
The mkt is about to release some free money; base on advance strategy. It's everywhere on the chart.

It will interest you to knw that over 95% of gud crypto traders won't sleep tonight. undecided

5 Likes

Re: Crypto Currency Investors Thread by dragunov: 2:52am On Jul 08
seunmsg:
How long will this pump last?

Kadoso Mutairu! Eyan Joris Bohnzon grin grin Awọn ti Tinubu!

1 Like

Re: Crypto Currency Investors Thread by Omobola121(f): 3:29am On Jul 08
Wetin una talk about TA again��

1 Like

Re: Crypto Currency Investors Thread by R2bees2: 5:16am On Jul 08
R2bees2:
I can't remember the last time we are this bullish.. We will ride till 22K then we go down again.. Long your longs with tight SL, trust me you are good. DYOR
22K!!!

"TA is crap" yen yen yen

1 Like

Re: Crypto Currency Investors Thread by Blastedholligan: 5:25am On Jul 08
R2bees2:
22K!!!

"TA is crap" yen yen yen
boss come and teach me na abeg. Make me sef dey follow una dey smile cry
Re: Crypto Currency Investors Thread by Blastedholligan: 5:29am On Jul 08
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Re: Crypto Currency Investors Thread by seanwilliam(m): 6:26am On Jul 08
grin
DenreleDave:


Seanwilliam enter market oo..

Omo iye mi grin grin cheesy


Ha. U sure say that pump no be sagbe loju yoyo?
Re: Crypto Currency Investors Thread by aktem(m): 7:51am On Jul 08
Greeting Bosses, A Question from a Newbie.
If I invest thesame Amount of money in Eth and Shib, given thesame % pump, which one will give me more profit?
Re: Crypto Currency Investors Thread by Goldbw122: 7:59am On Jul 08
aktem:
Greeting Bosses, A Question from a Newbie.
If I invest thesame Amount of money in Eth and Shib, given thesame % pump, which one will give me more profit?
Yes it will, if you enter at the right time, buy at the top and sell at the bottom, or sell at the top and buy at the bottom.. research well before trading..
Trade with caution
Re: Crypto Currency Investors Thread by Siberia01(m): 7:59am On Jul 08
aktem:
Greeting Bosses, A Question from a Newbie.
If I invest thesame Amount of money in Eth and Shib, given thesame % pump, which one will give me more profit?
same percentage same profit

1 Like

Re: Crypto Currency Investors Thread by Goldbw122: 8:04am On Jul 08
It is better to have a business outside of crypto incase the trade did not go as you planned.
I got a really good percentage yesterday, and today I didn't see any coin again embarassed, I wish I have set a stoploss or wake up at night it would have been great .. lessons learnt. This trade is filled with lessons..
Trade with caution
Advice my self by myself

4 Likes 1 Share

Re: Crypto Currency Investors Thread by Omobola121(f): 8:19am On Jul 08
Do you know why i like you? You're a truthful trader unlike others that always boast and showcase only their wins. Don't worry, lesson learnt. Stoploss and setting aside fund you can path with if market didn't go as planned.

Goldbw122:
It is better to have a business outside of crypto incase the trade did not go as you planned.
I got a really good percentage yesterday, and today I didn't see any coin again embarassed, I wish I have set a stoploss or wake up at night it would have been great .. lessons learnt. This trade is filled with lessons..
Trade with caution
Advice my self by myself

3 Likes

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