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Understanding Bitcoin And Cryptocurrency Better - Investment - Nairaland

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Understanding Bitcoin And Cryptocurrency Better by franco345(m): 1:53pm On Jan 22, 2021
Hello house..
My name is frank,
I opened this new thread after my previous thread was closed by the mods.


Here on this thread i will be giving answers on questions on what you don't understand about cryptocurrency.
Re: Understanding Bitcoin And Cryptocurrency Better by Hskyassociate(m): 3:19pm On Jan 22, 2021
Good afternoon all.....

If you want Everyday 5% drop to your BTC account... all you have to do now click this link and start fast to make money ...

1st Register LUNO account for those who don't have
Click here for the LUNO account ...
https://www.luno.com/invite/7ZATS5

You're invited!

1. Sign up
2. Deposit and buy NGN 5,000 in BTC (Luno exchange not included)
3. You can Deposit 20k or Above in case you're looking for a Higher rate

Click Here first Have your LUNO Account ....it so simple to register
https://www.luno.com/invite/7ZATS5

After registration then click this link below to start your daily 5% income.
http://bitifypro.com/register.php?ume=orchman
Read it well before you start to register. and don't make a mistake on the account address... that BTC address is where your money will come in every day. Click Here.
http://bitifypro.com/register.php?ume=orchman

once your through with the registration at the dashboard click invest ...

to start investing .....

Good luck...
Re: Understanding Bitcoin And Cryptocurrency Better by franco345(m): 4:17pm On Jan 22, 2021
Hskyassociate:
Good afternoon all.....

If you want Everyday 5% drop to your BTC account... all you have to do now click this link and start fast to make money ...

1st Register LUNO account for those who don't have
Click here for the LUNO account ...
https://www.luno.com/invite/7ZATS5

You're invited!

Please open another thread for your advertisement.
Thanks

Open another thread for this,
This is not the right thread for this advertisement.

1. Sign up
2. Deposit and buy NGN 5,000 in BTC (Luno exchange not included)
3. You can Deposit 20k or Above in case you're looking for a Higher rate

Click Here first Have your LUNO Account ....it so simple to register
https://www.luno.com/invite/7ZATS5

After registration then click this link below to start your daily 5% income.
http://bitifypro.com/register.php?ume=orchman
Read it well before you start to register. and don't make a mistake on the account address... that BTC address is where your money will come in every day. Click Here.
http://bitifypro.com/register.php?ume=orchman

once your through with the registration at the dashboard click invest ...

to start investing .....

Good luck...

Please open another thread for this your advertisement.

1 Like

Re: Understanding Bitcoin And Cryptocurrency Better by neutral2000: 7:47pm On Jan 22, 2021
I love this thread.
Re: Understanding Bitcoin And Cryptocurrency Better by Ceegar01: 8:30pm On Jan 22, 2021
Hskyassociate:
Good afternoon all.....

If you want Everyday 5% drop to your BTC account... all you have to do now click this link and start fast to make money ...

1st Register LUNO account for those who don't have
Click here for the LUNO account ...
https://www.luno.com/invite/7ZATS5

You're invited!

1. Sign up
2. Deposit and buy NGN 5,000 in BTC (Luno exchange not included)
3. You can Deposit 20k or Above in case you're looking for a Higher rate

Click Here first Have your LUNO Account ....it so simple to register
https://www.luno.com/invite/7ZATS5

After registration then click this link below to start your daily 5% income.
http://bitifypro.com/register.php?ume=orchman
Read it well before you start to register. and don't make a mistake on the account address... that BTC address is where your money will come in every day. Click Here.
http://bitifypro.com/register.php?ume=orchman

once your through with the registration at the dashboard click invest ...

to start investing .....

Good luck...
my friend registered with 20k two weeks ago but he haven't gotton any btc it's still showing 0.00 I'm afraid of investing, please how many days does it take to get your btc after registering with luno

2 Likes

Re: Understanding Bitcoin And Cryptocurrency Better by adomuwiner(m): 9:24pm On Jan 22, 2021
Another btc scam

2 Likes

Re: Understanding Bitcoin And Cryptocurrency Better by Hskyassociate(m): 6:12pm On Jan 24, 2021
Ceegar01:

my friend registered with 20k two weeks ago but he haven't gotton any btc it's still showing 0.00 I'm afraid of investing, please how many days does it take to get your btc after registering with luno

how did you make your payment ....because you need to submit your receipt on their email
contact me on 08111422033
Re: Understanding Bitcoin And Cryptocurrency Better by Ceegar01: 6:38pm On Jan 24, 2021
Hskyassociate:


how did you make your payment ....because you need to submit your receipt on their email
contact me on 08111422033

you mean luno get email?
so we have to submit our receipt on their email, cuz we registered on luno app on play store
Re: Understanding Bitcoin And Cryptocurrency Better by kazvid(m): 1:10pm On Jan 25, 2021
franco345:
Hello house..
My name is frank,
I opened this new thread after my previous thread was closed by the mods.


Here on this thread i will be giving answers on questions on what you don't understand about cryptocurrency.

I've been searching for your previous thread never knew it was deleted by the mod.
Glad I found this
Re: Understanding Bitcoin And Cryptocurrency Better by abbay19(m): 2:49pm On Jan 25, 2021
I've been searching evrywhere for your previous thread never knew it was deleted...
You are welcome back.

Can you please retake it step by step as you did in the previous thread please


franco345:
Hello house..
My name is frank,
I opened this new thread after my previous thread was closed by the mods.


Here on this thread i will be giving answers on questions on what you don't understand about cryptocurrency.

Re: Understanding Bitcoin And Cryptocurrency Better by Hskyassociate(m): 4:39pm On Jan 27, 2021
Ceegar01:

my friend registered with 20k two weeks ago but he haven't gotton any btc it's still showing 0.00 I'm afraid of investing, please how many days does it take to get your btc after registering with luno


use ur ATM card to add money to your luno naira account ....after that click on the below wallets and click BTC and click buy and select NGN Wallets account and choose the amount u want to invest in BTC ....from that btc u can start an investment with the other one....

1 Like

Re: Understanding Bitcoin And Cryptocurrency Better by Hskyassociate(m): 4:43pm On Jan 27, 2021
Ceegar01:

you mean luno get email?
so we have to submit our receipt on their email, cuz we registered on luno app on play store

not luno .....is Bitifypro

once u make payment ......make a screenshot on ur phone about the receipt and send it to their contact support by email ......
Re: Understanding Bitcoin And Cryptocurrency Better by Ceegar01: 5:16pm On Jan 27, 2021
Hskyassociate:


not luno .....is Bitifypro

once u make payment ......make a screenshot on ur phone about the receipt and send it to their contact support by email ......
Thank you so very much i really appreciate
Re: Understanding Bitcoin And Cryptocurrency Better by Graciousgirl20(f): 9:03pm On Jan 27, 2021
I thot as much, welcome back
franco345:
Hello house..
My name is frank,
I opened this new thread after my previous thread was closed by the mods.


Here on this thread i will be giving answers on questions on what you don't understand about cryptocurrency.

Re: Understanding Bitcoin And Cryptocurrency Better by franco345(m): 5:54am On Jan 29, 2021
BULLISH CANDLE
They are various candle which serves as confirmation for a bullish trend.Examples of such candel is HAMMER.




This is a bullish reversal candel that forms after a decline in price.

Here’s how to recognize it:

1 Little to no upper shadow
2 The price closes at the top ¼ of the range
3 The lower shadow is about 2 or 3 times the length of the body
And this is what a Hammer means…

When the market opens, the sellers took control and pushed price lower
At the selling climax, huge buying pressure stepped in and pushed price higher
The buying pressure is so strong that it closed above the opening price
In short, a hammer is a bullish reversal candlestick pattern that shows rejection of lower prices.



NOTE: just because you saw a hammer doesn't necessarily mean the market will go bullish you will need more “confirmation” to increase the odds of the trade.

Re: Understanding Bitcoin And Cryptocurrency Better by franco345(m): 6:31am On Jan 29, 2021
Bullish Engulfing Pattern


A Bullish Engulfing Pattern comprises of two candel sticks, a bearish and a bullish candle.

Here's how to identify a bullish engulfing candle

1:The first candle has a bearish close
2:The body of the second candle completely “covers” the body first candle (without taking into consideration the shadow)
3:The second candle closes bullish

And this is what a Bullish Engulfing Pattern means…

On the first candle, the sellers are in control as they closed lower for the period
On the second candle, strong buying pressure stepped in and closed above the previous candle’s high — which tells you the buyers have won the battle for now
In essence, a Bullish Engulfing Pattern tells you the buyers have overwhelmed the sellers and are now in control.

1 Like

Re: Understanding Bitcoin And Cryptocurrency Better by franco345(m): 6:36am On Jan 29, 2021
Piercing Pattern


A Piercing Pattern is also a two candel pattern.

Unlike the Bullish Engulfing Pattern which closes above the previous open, the Piercing Pattern closes within the body of the previous candle.

Thus in terms of strength, the Piercing Pattern isn’t as strong as the Bullish Engulfing pattern.

These are how to identify a piercing candel stick

1: The first candle has a bearish close
2: The body of the second candle closes beyond the halfway mark of the first candle
3: The second candle closes bullish

Piercing Pattern means…
On the first candle, the sellers are in control as they closed lower for the period
On the second candle, buying pressure stepped in and it closed bullishly (more than 50% of the previous body) — which tells you there are buying pressure around

Re: Understanding Bitcoin And Cryptocurrency Better by franco345(m): 6:40am On Jan 29, 2021
Tweezer Bottom



A Tweezer Bottom is a (2-candle) reversal candlestick pattern that shows us that the market is finding it difficult to go bearish after two attempts.

Here’s how to identify a tweezer bottom:

1: The first candle shows rejection of lower prices
2: The second candle re-tests the low of the previous candle and closes higher

Tweezer Bottom simply means…
On the first candle, the sellers pushed price lower and were met with some buying pressure
On the second candle, the sellers again tried to push price lower but failed, and was finally overwhelmed by strong buying pressure

Re: Understanding Bitcoin And Cryptocurrency Better by franco345(m): 6:45am On Jan 29, 2021
Morning Star


A Morning Star is a (3-candle) bullish reversal, it consist of the following

=The first candle has a bearish close
=The second candle has a small range
=The third candle closes aggressively higher (more than 50% of the first candle)

And this is what a Morning Star means…
On the first candle shows, the sellers are in control as the price closes lower
On the second candle, there is indecision in the markets as both the selling and buying pressure are in equilibrium (that’s why the range of the candle is small)
On the third candle, the buyers won the battle and the price closes higher.

1 Like

Re: Understanding Bitcoin And Cryptocurrency Better by Morningstarrr(m): 2:15pm On Jan 29, 2021
Welcome back boss
Re: Understanding Bitcoin And Cryptocurrency Better by bosman50(m): 5:30am On Feb 03, 2021
Ceegar01:

lol free bitcoin for which planet oga take am easy o

Just give it a try. I will deactivate my account if it's otherwise
Re: Understanding Bitcoin And Cryptocurrency Better by Omihanifa: 10:25am On Feb 03, 2021
Please I want you guys to enlighten me about etherum and Litecoin. If I buy like 20k worth of these crypto currency on LUNO and I decide to sell when the price rises is it immediately I will get a buyer? And is the process seamless?

1 Like

Re: Understanding Bitcoin And Cryptocurrency Better by yazga: 10:27am On Feb 03, 2021
Omihanifa:
Please I want you guys to enlighten me about etherum and Litecoin. If I buy like 20k worth of these crypto currency on LUNO and I decide to sell when the price rises is it immediately I will get a buyer? And is the process seamless?
Yes, but if the prices goes down, keep your emotions in check
Re: Understanding Bitcoin And Cryptocurrency Better by Omihanifa: 10:43am On Feb 03, 2021
yazga:
Yes, but if the prices goes down, keep your emotions in check


Thanks sir but one more question I need to ask

Will I always get a buyer irrespective of the crypto currency I trade on?

2 Likes

Re: Understanding Bitcoin And Cryptocurrency Better by franklyneo(m): 8:59pm On Feb 06, 2021
Anyone can check this people out.. I make use of them too.

First you can follow their trading analysis and charts on telegram if you want, that's what I did when I started https:///coinglobaltrades

If you are convinced, you can invest with them.. They are very very good. There website is coinglobaltDOTnet

1 Like

Re: Understanding Bitcoin And Cryptocurrency Better by sunzie(m): 10:47am On Apr 05, 2021
For free bitcoin every 15minutes...
https://get-bitco.in/?r=2ptf56ewj8

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