Investing In Digital Currencies; Looking At The Bigger Picture - Investment (4) - Nairaland
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How Much Did You Make In Digital Currencies In 2021, See Mine (binance, Etc) / Investing In Digital Currencies. Learn And Earn From The Best Options In 2022. / What Did You Acquire In The Previous Bull Run (digital Currencies) See Mine. (2) (3) (4)
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| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 7:28pm On Sep 03, 2021 |
Does anyone here have an experience of taking a loan on a crypt0 platform? Been looking into options... Want to take a usdt loan with bitc0in as collateral.... Looking at a 3-6 month timeframe.... I'd wait for clarity on the market b4 making a move. P.s, I'm not taking it to buy alyts... Need it to handle stuff but don't want to sell my bitcoyns yet |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 7:51am On Sep 04, 2021 |
jedisco: Chz seems to have left the station without much of a pullback... Not chasing 1 Like
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| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 7:54am On Sep 04, 2021 |
Etc/eith Etc seems to be approaching a level where I'd expect a bounce against eith.... Given eith has broken out, wouldn't be surprised it dose too... Will shave some eith into it
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| Re: Investing In Digital Currencies; Looking At The Bigger Picture by Mazinewmoney: 9:17am On Sep 04, 2021 |
Boss you know we are not much here to give you the answer. You can still ask in the other thread as there are much people there to answer you. Better till let me ask for you. jedisco: |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 12:15pm On Sep 04, 2021 |
Mazinewmoney: Thanks.... Thought about it... But most people there are new to crypt0 and are unlikely to know |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jigabanty(m): 1:27pm On Sep 04, 2021 |
Boss, thanks for all your input here so far. God bless you sir. Pls, can you help elucidate the relationships in Market Cap, Max Supply, Circulating supply and all other supplies and how it affect the value of a coin in order for us to project on our long term investment. Thank you sir. I'm also following with reckless abandon 5 Likes |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by DaBlog: 4:27pm On Sep 04, 2021 |
For all things digital currencies, this is worth reading https://sites.google.com/view/royalqapp/home |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 8:46pm On Sep 04, 2021 |
If bitc0in holds... large- Midcaps should move well.... But then, in the weeks following that, I believe the sweet dough will be made on micros..... Thats a move I'm not planning to miss... Most have hardly moved all this time.... Most could easily do a 2-3x from current valuations |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 8:54pm On Sep 04, 2021 |
jigabanty: Would take a while to evaluate all, but the basic reasoning is this... First market cap- a multiplication of the amount of a coyn issued by its price... I.e if I wanted to buy 100% of a coyn, what would it cost Large caps- coyns with largest market cap.... No clear cut-off but I usually limit it to top 5-7 excluding tether... After bitc0in, eith is the largest market cap... Usually, in recovery from a bear market, they move first nd tend to hold structure more..... Circulating supply- as the name implies... usually, the amount of a coyn available to trade... Reasoning is that coyns with lower supply can move faster Max supply... Same also... Reason if a coyn has an endless supply, then it might not do as well in the long-term as one with a fixed or reducing supply... The reasoning behind these are not always the case... Further explanation on these could be got online 3 Likes |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by daintyprincess(f): 2:13pm On Sep 05, 2021 |
jedisco:Can you please give an example of micros? Openheaven2019, do help us out with heavenly long term investment calls here too Thank you 1 Like |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 2:28pm On Sep 05, 2021 |
My thoughts on bitc0in in the interim.... It seems the majority are expecting a good move down or up... But I ask myself, what if it just ranges... The hash ribbon is still one of the more reliable indicators...and most times when it flashes, you start asking yourself months later why u were confused on whether to buy at 9k or 9.5 k... Or 30k and 33k recently.... Reason I'm not selling my alyts is this; In this market, I like confluence and I don't see much of that now...... There might be a correction but with eiths move, I expect some circling of money soon... Already matic has picked up...... I'm still in my position and still awaiting my targets... If stuff dumps, fine... I'd add on the dip nd wait a lil longer... Estimating what bitc0in will due in the immediate future can be more of a guess work... But Lemme speculate a bit.... Perhaps it pumps and ranges letting alyts rally... Folks get excited, it then corrects to the weekly ema... And now resumes a sustained rally to create new ATH.... I somehow believe Oct-Dec is Bitc0ins time.... Then alyts resume in January... Thats a pattern that has happened not infrequently in crypt0...
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| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 2:29pm On Sep 05, 2021 |
daintyprincess: I'd post a screenshot of micros I track.... But then, Midcaps are not done moving yet |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 2:36pm On Sep 05, 2021 |
I like to follow a Saturday night week as on some charts... Not just a Sundays... I find it's sought of an expo into the coming week.. Looking at uni... Shared this 2 werks back when it first hit 30.... I was too eager at resistance.... Now I like the structure... Against usdt, last weeks close wasn't a bad one... Still below 30, but that candle gives me confidence for a push up.... Next target is ATH at 40-43 Against betece, it looks rather impressive.... Has kept an uptrend line since January.... A rally to 0..8 seems programmed... Kinda reminds me of Ada 1 Like
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| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 2:40pm On Sep 05, 2021 |
jedisco: I noticed a number of my coyns are trending towards the desired target.... No complaints... I just dey watch |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by OpenHeaven2019(f): 2:42pm On Sep 05, 2021 |
daintyprincess: For now I only one long term bag which is $KYL. My definition of a long term is something I can hold if capitulation comes today and even buy more like I did SOL. An advise for long term is don’t go all in, it allows you to be able to keep your mind sane and buy more when capitulation comes. My buying rule for my solid long term micro bag is to buy every 50% dip. I have succeeded a lot but I have also failed, most notably was my SLIM failure (lessons were taken and shared here) To hold long term is harder than you think and with zero risk management - impossible! I bought slim and told myself I would hold it long term, when capitulation came, yours faithfully sold. Long term no be mouth! 5 Likes |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 2:44pm On Sep 05, 2021 |
Sol takes the crown of being my first 2-3x of this run... It's take off from 40 reminds me of bnb earlier on... When bnb hit 150, it retraced to 120 ish before resuming a rally to 350.... Got alerts set I'd be watching this
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| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 2:50pm On Sep 05, 2021 |
Another relatively new entry is matic.... Thanks to @ibeme for alerting me of its relationship with eith.... Looks primed to attack its ATH at 2.4 which is 50% away.. A retest of 1.6 its a place I'd add up 2 Likes
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| Re: Investing In Digital Currencies; Looking At The Bigger Picture by Macktaob(m): 3:23pm On Sep 05, 2021 |
jedisco:What points are your alerts? |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by sellydion: 4:59pm On Sep 05, 2021 |
Loan taking on Binnance from 7 days to 180 days I took 1000usdt for 30days at21usdt interest tota loan payable at expiration 1021 usdt Cake was used as collateral you can liquidate b4 time. loan interest is calculated per day. jedisco: 1 Like |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by Kaybee7000(m): 5:10pm On Sep 05, 2021 |
Iove the thread |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by Hamachi(f): 5:16pm On Sep 05, 2021 |
sellydion:This is interesting. Thank you. |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 7:02pm On Sep 05, 2021 |
sellydion: Yeah.... I saw that on binaz... But their rates are too high.... U get mind to ise cake as collateral.... If I'm taking out, I'd use betece as collateral... And I'd want further confirmation on the direction of the market fes |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by BizBloke(m): 7:12pm On Sep 05, 2021 |
jedisco: I took but used USDT as collateral. But I know someone who used ETH or so; don't think there's much disparity. Let me know what information you need. |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 7:48pm On Sep 05, 2021 |
Macktaob:Around 120 If I'm targeting a retest of 120, my alerts would be around it |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by Macktaob(m): 7:50pm On Sep 05, 2021 |
jedisco:Okay bro |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 7:52pm On Sep 05, 2021 |
BizBloke: That's strange...... Why didn't you just buy the coin with your usdt? I'm looking for something with a low interest rate with a period of 3-6 months.... Those with very low interest like celcius (<1%) rates have annoyingly high LTV rates |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 7:57pm On Sep 05, 2021 |
Ada/eith... One of the more dependable combos to trade.... Targets will be 0.6- 0.7..... Above 50k, my plan is to take profits into mainly stables and maybe some betece so I have fuel for a dip... But I'd keep an eye on this... Bch also another one on the move after a good flip of 700... All betece needs to do now is keep calm and not blerp up
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| Re: Investing In Digital Currencies; Looking At The Bigger Picture by sellydion: 9:18pm On Sep 05, 2021 |
I expected Cake and Zil that I used the fund for to go up in the near term Currently zil has covered all the interest for one month , where are just 3 or 4 days into the game. jedisco: 1 Like |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by BizBloke(m): 9:42pm On Sep 05, 2021 |
jedisco: Nah, it wasn't for a coin purchase. Used it to buy another digital asset: a domain name I want to flip for about 4-5 digits in 2-3 years. I think there's no middle ground when it comes to interest rate vs LTV rates; the only platform I can suggest now (but not used though) is Nebeus. They've got an adjustable LTV up to 80% for Flexible Loans. Perhaps you could look them up. I'll ask my folk for the one he used. 1 Like |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 10:39pm On Sep 05, 2021 |
sellydion: Ok... I get it now... You deposited your cake as collateral, took usdt and bought zil? That's similar to margin trading.... I'm using mine for a project outside Crypt0... Just don't want to sell my stash of betece yet |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by jedisco(m): 10:45pm On Sep 05, 2021 |
BizBloke: Interesting... Just looked Nebeus up.... The interface looks good and they mentioned being insured... But I still can't understand your own....if you used USDT as collateral, what did u loan? My plan is to deposit some Bitc0in, get some usdt... After 3 months, refund the usdt, withdraw my bitc0in and go into alyts... Will need some confirmation in the market though... 25-50% ltv is good for me... I want to sleep with my 2 eyes closed |
| Re: Investing In Digital Currencies; Looking At The Bigger Picture by wwwtortoise(m): 11:48pm On Sep 05, 2021 |
BizBloke: jedisco: I have been thinking in this direction (accessing loan using crypto collateral) for some time now. Honestly I don’t feel like liquidating my crypto portfolio anytime soon. And on the other hand, I’m in need of extra cash to makeup for a pending project. This quagmire pushed my thoughts into the crypto loan line. A quick glance at nebeus platform shows naira is not listed on the currency drop down. My concern is because I don’t have a dom. acc. to facilitate usd/eu transactions. A penny for your thoughts. |
and doge... Targeting 2x on both... Personally, I don't think doge will perform as well this time around... Many people who missed its last rallies have been lurking around in it... Me feels it'd still grustrate folks a lil(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (17) (Reply)
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