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Crypto Currency Investors Thread - Investment (287) - Nairaland

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Re: Crypto Currency Investors Thread by Ojemedad: 3:44pm On Feb 23
They have started
Re: Crypto Currency Investors Thread by Ojemedad: 3:46pm On Feb 23
This bag go reach 5 years to carry

5 Likes

Re: Crypto Currency Investors Thread by Mykelslim: 3:48pm On Feb 23
Sailor1:
BTW, where are all those asking for coyns to buy for the long-term... Is it only on green days they ask? Abi dem don change their mind cheesy

I wish I can give this comment a million likes

Y'all always chasing green candles. grin

1 Like

Re: Crypto Currency Investors Thread by Cowbell521: 3:51pm On Feb 23
It’s been a rough 24 hours for bitcoin traders. The cryptocurrency has plunged 16% from its all-time high in just one day, falling from $58,000 on Sunday to just over $46,000 as of the time of this writing.


So what happened? Two things. Or, rather, two people may be the reason why:

Elon Musk: You knew Musk had to be involved somehow. And of course, his participation involves a tweet. When it comes to businesses or stocks, a tweet from Musk is either the kiss of death or manna from heaven. In bitcoin’s case, it may have been the former. On Saturday, Musk tweeted that the then-skyrocketing price of bitcoin did “seem high.” The next day bitcoin topped out at an all-time high before it started dropping.

Janet Yellen: The U.S. Treasury Secretary is one of the most powerful people on the planet when it comes to moving markets. And comments from her on Monday are most likely what lead to that 24-hour 16% slide. On Monday, Yellen called out bitcoin’s role in funding illegal activities. She also called it energy inefficient due to how much power it takes to generate a single bitcoin, and thus said it was an “extremely inefficient way of conducting transactions,” reports CNBC
Re: Crypto Currency Investors Thread by KrazyDave16(m): 3:53pm On Feb 23
GoddyOra:


Buy Dip! Buy Dip!! Buy Dip!!!

You sabi if son of man no get shishi at hand to buy the dips? Some fella tie all their funds to the market due to limited funds as someone with say #50K funds will most likely have all of his funds in the market.

Ain't trying to bash you but there "little" bear season should chase out all those that only invest in crypto due to FOMO cos I no even understand all the panicking here.

BeeTeeC as at one month ago dey $30K range, now e still dey $45K range and people still dey lament after +50% increase?
Or did they think BeeTeeC go just dey rise like dough till $1m??


Bia you people should better be careful and let this thing fall to pick us that missed out earlier around $30-40K before the week runs out.

Guy I understand.
Heck when $ETH played with my emotions last year I still held and bought the dips.
It paid off when I sold @ $1.99k

This one is no different and I'll definitely ride the waves of blood without succumbing to the madness I'm seeing on this thread.

My own now is it should be this way till next month when salary land as I got my eyes on some coins.

1 Like

Re: Crypto Currency Investors Thread by OriginalJohnny: 3:57pm On Feb 23
cry Some should please suggest long term coins to buy during this dip.. cry
Re: Crypto Currency Investors Thread by KrazyDave16(m): 4:02pm On Feb 23
Cowbell521:
Na so $10k capital remain $3255.52 onto crypto.......


Who I offend? He for even pass that level if to say I no sell. I enter around 6am again onto motivation from our motivational speakers for this place..... Na so I wake up see correct loss......



Advice: no let motivational speakers push U Ooooh...... Waiting for 40k support before I dive in again
Set a Stop-Limit buy order at that price n remove your mind from it before you run mad undecided
Re: Crypto Currency Investors Thread by lordnaruto: 4:05pm On Feb 23
Its like this tsunami never finish o,
If this bear should break the present $44k support in BTC, na all the way to $31k o.
This thought is scary menh!!!

1 Like

Re: Crypto Currency Investors Thread by OakRealtorsNG: 4:08pm On Feb 23
Get free $36 worth of Bitcoin Black airdrop.


Visit: http://chng.it/cQZm7cFnTY
Re: Crypto Currency Investors Thread by Cowbell521: 4:10pm On Feb 23
Sailor1:
BTW, where are all those asking for coyns to buy for the long-term... Is it only on green days they ask? Abi dem don change their mind cheesy
Is the dip over? I need ya confirmation
Re: Crypto Currency Investors Thread by elmas(m): 4:19pm On Feb 23
kevoh:

It's called averaging. If you buy an item at N100 and the price falls to N40. When you add money by buying at N40, while the price might not go back to your initial N100 it might struggle to rise a bit. If it rises to N60 you make some profit ONLY on the new capital added. That profit is what reduces your loss on the old capital.
Some even double the added capital and do not necessarily need to wait for price to get back to N100 before breaking even and recovering all their money. It's trading strategy but also risky as with every strategy.


I have learnt something today

5 Likes 2 Shares

Re: Crypto Currency Investors Thread by Fakbrown: 4:40pm On Feb 23
Cadec007:
how far? Has it worked?
, 24 hours, to reflect

1 Like

Re: Crypto Currency Investors Thread by haymekus: 4:42pm On Feb 23
Even stocks are not left out of this bloodbath

1 Like

Re: Crypto Currency Investors Thread by Ibime(m): 4:45pm On Feb 23
haymekus:
Even stocks are not left out of this bloodbath

I done pull out of stocks yesterday. A big reckoning is coming.

1 Like

Re: Crypto Currency Investors Thread by Hadsty23(m): 4:59pm On Feb 23
[b]
Cadec007:
sorry I am replying late... How far...

If it is yet to deposit... Maybe you made a mistake sending through different networks... Like TRC to ERC

No I calmly noticed that and when I pasted my wallet address it auto select the type it belong and still yet haven't get it credited

1 Like

Re: Crypto Currency Investors Thread by Ibime(m): 5:02pm On Feb 23
donjazet:

What's BNB?

Bïnance coin
Re: Crypto Currency Investors Thread by SaintUlot: 5:04pm On Feb 23
In crypto market, you make money both during bullish run and during the bear market, nothing concern you with say the market is going down or up, just make your money from the market and be alright, the last few pages i read on this thread, everybody is just complaining about the bearish market, instead of them to be jubilating that another opportunity to make money from the market has presented itself.






Still buying all Gift cards @ good rate

https://www.nairaland.com/3908406/best-farsell-all-itunes-amazon

WHATSAPP
:https://chatwith.io/s/saintulot

1 Like

Re: Crypto Currency Investors Thread by Sailor1: 5:05pm On Feb 23
Cowbell521:
Is the dip over? I need ya confirmation

I wish I had the answer you're looking for... I for don dey sleep. Tomorrow should determine if this is the local bottom. If this level holds, then we should see some relief over the next few days.. that does not mean betece will not come back to test it in the future.
That said, as far as betece forms a bottom above 40k and dosent break bullish structure, it's only a matter of time before alyts shine.. money has flowed into betece... That money will flow into other soins. Two things are needed; betece to be less volatile and eith to show strength against betece.

My buying pattern in such betece dips is to start averaging in once there are signs of strength. 45k is a 22% drop which is not a bad place to get some betece in a bull market... How much further can it dip without breaking market structure...

For alyts, its dicey... Lots of money is on the sideline waiting... Once betece settles, they'd rush in.... Getting some on a confirmation of this dip (perhaps 2moro isn't a bsd idea.
Re: Crypto Currency Investors Thread by Hafyz23(m): 5:25pm On Feb 23
Sailor1:


I wish I had the answer you're looking for... I for don dey sleep. Tomorrow should determine if this is the local bottom. If this level holds, then we should see some relief over the next few days.. that does not mean betece will not come back to test it in the future.
That said, as far as betece forms a bottom above 40k and dosent break bullish structure, it's only a matter of time before alyts shine.. money has flowed into betece... That money will flow into other soins. Two things are needed; betece to be less volatile and eith to show strength against betece.

My buying pattern in such betece dips is to start averaging in once there are signs of strength. 45k is a 22% drop which is not a bad place to get some betece in a bull market... How much further can it dip without breaking market structure...

For alyts, its dicey... Lots of money is on the sideline waiting... Once betece settles, they'd rush in.... Getting some on a confirmation of this dip (perhaps 2moro isn't a bsd idea.
Are you suggesting not to buy anything till tomorrow?

1 Like

Re: Crypto Currency Investors Thread by elmas(m): 5:35pm On Feb 23
staga:
What I see here is a great need for people to learn trading from the basics. So many folks here know nothing of:
a) Basic risk management
b) Capital allocation
c) Asset correlation
d) Trade management, including dip buying techniques.


Teach us sir

3 Likes

Re: Crypto Currency Investors Thread by Leezah(f): 5:39pm On Feb 23
Ibime:


I done pull out of stocks yesterday. A big reckoning is coming.
Why?
Re: Crypto Currency Investors Thread by Ibime(m): 5:45pm On Feb 23
Leezah:
Why?

Almost all overvalued. Average PE ratio above 30 has always been followed by a crash. S&P current average is 38. That's not to say they can't keep it going for another year sef with the liquidity the FED is pumping in, but I'd rather sit on the sideline and buy after any crash.

1 Like

Re: Crypto Currency Investors Thread by GoodBoi1(m): 5:52pm On Feb 23
SaintUlot:
In crypto market, you make money both during bullish run and during the bear market, nothing concern you with say the market is going down or up, just make your money from the market and be alright, the last few pages i read on this thread, everybody is just complaining about the bearish market, instead of them to be jubilating that another opportunity to make money from the market has presented itself.






Still buying all Gift cards @ good rate

https://www.nairaland.com/3908406/best-farsell-all-itunes-amazon

WHATSAPP
:https://chatwith.io/s/saintulot


Thank you. Weather bullish or bearish money can be made
Re: Crypto Currency Investors Thread by Sailor1: 6:01pm On Feb 23
Hafyz23:

Are you suggesting not to buy anything till tomorrow?

Yes,
If into altys and didnt catch the dip today then it's worth waiting till tomorrow at least.... Let the dust settle. Just identify those that have held HTF structure to get into.
Usually after such dumps betece will like to test liquidity at support, if it holds, then we could see a slow grind up which would give alyts room...
If it fails then 40k beckons which will be more blood for alyts. That said, alyts may not capitulate as much if 45-46k isn't broken

2 Likes

Re: Crypto Currency Investors Thread by Kantebets(m): 6:08pm On Feb 23
Can one start trading with 20k?

1 Like

Re: Crypto Currency Investors Thread by RealMillennial(m): 6:17pm On Feb 23
This Chainge Finance will melt faces o. The ones who know their game are packing coins for free now. Imagine Binance accepts their listing application?
cheesy grin
https://www.chainge.finance/?referral=ab003976aff047da8a1a2934010f7727

Re: Crypto Currency Investors Thread by Thegamingorca(m): 6:21pm On Feb 23
Omoh put your hands on my shooooooouuuuuuuuuuuu

7 Likes 1 Share

Re: Crypto Currency Investors Thread by stillmee(m): 6:24pm On Feb 23
Thegamingorca:
Omoh put your hands on my shooooooouuuuuuuuuuuu
shot of the day grin grin the guy be like haaa

1 Like

Re: Crypto Currency Investors Thread by R2bees(m): 6:34pm On Feb 23
Kantebets:
Can one start trading with 20k?
Even with 5k.. sign up with Binance and get started. You can ask all your questions in the thread. Here is fully packed with gurus.

https://accounts.binance.com/en/register?ref=XJOL97XD
Re: Crypto Currency Investors Thread by Thegamingorca(m): 6:35pm On Feb 23
Cowbell521:
Is the dip over? I need ya confirmation


See person wey dey form prophet early this morning

6 Likes

Re: Crypto Currency Investors Thread by mattyboy007(m): 6:35pm On Feb 23
Kantebets:
Can one start trading with 20k?
I started wit 1k on luno..
10k on Binance
Re: Crypto Currency Investors Thread by mattyboy007(m): 6:37pm On Feb 23
Thegamingorca:



See person wey dey form prophet early this morning
grin grin grin grin grin grin

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