IamGoke:


It is not advisable to buy XRP now as their court case is still lingering.

Lmfao you mean the same rip that has made me 200% of my money back in the last 2 weeks in the prime of their case? Or the same one that’s paid for my Baby Mamas new car

REUBEN010:
I think I'm done with DOGE for today. Made over 34% profit in the current pump. I don't want to carry heavy bags.

Not bad for one days work is it?! Love reading stuff like this

Akinola2345:
Does anyone here has update on xrp

Price is good for.now....can it still go up?

I just liquidated what I bought earlier today for 193 at 220. I’m counting on it dropping a bit btw 2-6am perhaps under 200. I’d buy in again and aim to sell at least 220 ( if it does more; then it’s amazing but my fail safe would be 220 ).

My past 96hrs with rp has gone thus:

I had 38,520.8 rip at 129.80
I sold at 206-210 (ended up with 7.974) varying orders
Bought again at 193 for 41,316.06 units
Just sold at 219-221 for 9.09

I intend to buy again if it drops to 190-200 if that holds tonight, and I’d sell again at 220 or more if that happens.

If I buy at 200 or worst case scenario 210, I’d still have more value in qoins than before so it’s a win win, my worst case scenario is I buy at 210 with my whole 9, get maybe 43k units, and it drops to let’s say 190 and I manage to sell there, I’d have 8.1 still and if you look closely at my analysis with my entry cap I’m still in the positives but timing and risk is everything

My main goal is to make sure either my c ash value or most importantly my qoin value stays going up. Cuz the more my stack the better it is for me when it finally jumps.

OpenHeaven2019:
If Doge doesn’t teach you anything, it should teach you that the patient trader always always win.

I know guys who bought at 0.026 and sold at loss at 0.023. Yesterday.

If they held for just 24hrs more, they would be in massive profit now.

Straight facts and this applies to all qoins

All

Ronin1:


If it were that easy to make money, most traders would be driving a different lambo everyday. And that's how I get myself to stop chasing pumps. I'll definitely be snoring by then but congrats in advance to those that'll make money off the pump and sorry to those that will contribute the money

As blunt as this sounds it’s the hard truth

Ronin1:


If it were that easy to make money, most traders would be driving a different lambo everyday. And that's how I get myself to stop chasing pumps. I'll definitely be snoring by then but congrats in advance to those that'll make money off the pump and sorry to those that will contribute the money

As blunt as this sounds it’s the hard truth

Sailor1:


hehe.. someone the other day said he held his mouse ready to click on sell... I smiled
Someone has not seen 1000betece market sold before with a subsequent stoploss trigger cascade.
Before your brain tells ur hand to click, the dump has already occurred.
The easiest way on these is to take profits as it rises and add on dips...

Lmao I swear the easiest way is to take it as it’s approaching it’s peak not at the peak and on the way back down

Rilwayne001:
Doge is moving again.

It was -46% earlier this morning, it's climbing to +27% already.

Smiles

Sailor1:



Hehe... In most of these groups, the owners have taken positions and dump on followers... Don't be dumped on... Either way, let's see how that goes

The sharp ones would set reasonable targets and dump before the price reaches its peak, in a sudden mass dump, many would be holding their nutsacks

Sailor1:
@luving, I'd give you a simple trade- a HTF one with less risk bit difficult to follow.

We know betece is ranging and trying to pick a direction i.e up or down. (Don't bother about where it goes)

Why not relax. If it dips significantly, you buy around 20-24k
If it moves up, eith will likely break ATH convincingly.
If eith does that and holds at least abouve 1500, it'd likely accelerate...

That move will be another opportunity for altys to rally and your can take your pick of some altys and hold for a while. The thing is that when betece or eith moves up quickly, most other altys are quiet so you wouldn't miss much if you time your entry.

It may take weeks to work out, but it's less stress and risk and you get to protect your capital.

Can you stick to this or would you rather want to day trade and 10% everyday with a risk of losing much more

The truth is day trading involves a shit lot of risk. It’s not advisable for a newbie. And day trading with the big qoins isn’t even advisable if you’re not trading block. Cuz you’d end up losing more.
A major thing too is patience and understanding; as you rightly said many ran when it was 10k and all thru last year when it was extremely stable because last year was one of the most stable years it had price wise, the jumps weren’t ridiculous like this. A couple weeks back I kept pushing on Rip, many were greatly concerned bout their lawsuit rightly so, but folks fail to understand that the news and controversy is what stirs this market. I said then that I was going to go in heavy and I was ready to crash with it. Sometimes when the price dips I simply focus on exiting and reentering at a lower price so that I have more in qoin value that I did previously and I try to stick to qoins i understand, I no too dey experiment.

lovinhubby2wife:
abeg honestly nobody can tell when this goes up or down... I looked at the chart this morning after selling my Betece two days ago, I was tempted to buy ripple but I decided not to buy, having lost much in Betece the previous day.
It was unwise to just buy ripple at this high rate of 214NGN, I envisaged a downward correction, but lo and behold it's waxing stronger.

Now should one buy at this moment, because we may wake up tomorrow morning and see that it has gone upto 300+ or dipped below 200

The way this shit works is still quite unclear...
When Betece hit 30k last year I was tempted to buy but I resisted the urge and alas five days later it grew to 39k.. who would have envisaged that? That was when I purchased the coin thinking it will keep on rising but no it started to drop rapidly.

This market is really volatile and unpredictable.
You could get lucky about your prediction or not. It doesnt matter whether you are new or old in the game.

Bottomline is to go in with your head and emotions in check. Else you're going to keep losing money

As true as this is; one thing I do that works for me is, if I notice that I picked up on a steady rise early for example if early tomorrow am I see rip at 270, I have no problems buying at 270 because I can be assured that before the close of 24 hrs I can sell at a slightly higher price, it may not pump beyond 290, but if I can buy at 270 and resell at 275 I’m not doing badly. If after selling at 275, it drops further to 220, I can still get in again, only this time I would have a lot more value in rip than I would have had if I had sat it out.

In layman terms. 100k rip @ 270 = 370.37
Sold @ 275 = 101,851.85
Buy again @ 220 = 462.96 rip

If one sits out with the same 100k @ 220 = 454.54 rip

I use this strategy a lot with all my qoins, it’s actually a major way I increased my portfolio last year. Sometimes I’m not concerned about NGN profits im more concerned about having more qoin values

elmas:


But it's hard to lose money with this strategy, but what are the disadvantages of using this strategy?

To be honest, the best strategy is to keep your eyes on it... The price rises and dips without warning

Sailor1:


Thanks... It's human psychology... Now betece is dumping how many are asking if they can buy?

Hmm... I'm guessing those guys will regret that decision.. most sound new to this space. This space is not like the stock market where hedge funds were shorting stocks so they could benefit off them.

Yes the price would go up if a good number buy nd hold but thats not the point. Whales would be monitoring such moves and once it starts moving, they can convert their betece into doge multiply it in minutes-hours and dump back on them... (Imagine 1000 betece converted into doge and dumped bach after a 50% move... That's about 500 betece profit). That's aside those who'd long it on the way up an make more profit. When it's gone high enough, they'd short it and profit on the dump down. I don't see how those buying and holding will benefit. The crypt0 market will humble them.

I believe it may have an exit pump (if it's not happened already) and you'd see how it'd be brutally sold into likely before it gets to 0.8. They would eventually get tired of holding it and capitulate.....
Like I keep saying, this market is brutal.

You completely read my mind bro... No one is actually even talking bout getting in on B now that it’s dipping. And the b to doge entry is exactly what the whales did the other day & will definitely do within the next couple days, it’s simply business no emotion nothing; once their targeted profits are made, best to dump & exit. But you’re right about a huge number who will get burnt, most Reddittors are looking to dump it very soon doe once it hits, the downside is too many people now see it as a get rich quick scheme; nobody wants to be on the elevator while it’s going down, even if it means it has to go down before going up.

elmas:


Ahh what if u are away from ya phone, I thought it would be automatic

It is, what I meant was; if you set a sell order for 627k and the price sky rockets to 680, and yours gets sold at 627k you’d have missed out on a little extra.

dimade1:
I double my profit within 24hrs from doge
Enter at 90,close at 180

Love reading things like this

Pojomojo:
=N=246 currently.

This brings memories of how folks on here were asking if rip had any hope when it was sitting at 130+

My Trap Been Booming

iammolahs:
Guys, which coin can i buy today with the hope of cashing out in three weeks time cause I'm planning to borrow from palmcredit

Terrible idea if you don’t know what you’re doing. If you know what you’re doing, and are willing to accept the possibility you’d lose the money then go for it. But be careful.

elmas:


Senior mentor please o i want to understand something and I want you to clear me on this of its possibility.

I have been observing the luno app for some days now and when I check the Eith/nga for 1d(24 hours) and check the charts to see the highest and lowest pryces I noticed the large gap of let's say 627,000 low and 640,000 and I was thinking if one can set a limit to buy at 627k and sell at worst for 637k with limit at the same way. Like 10k in a day isn't bad investment, then set another target after calculating profit and opening to engage in the next trade.

Is this possible??

Yes sir very possible, sometimes however you might miss a big opportunity, I’d suggest you set price alerts alongside. At least one alert for every 1000 difference in price

incogni2o:
Hi Guyz.

New to this and thanks to all for the tips and guides.

Please how do I get back my naira on luno to my account - cash at hand

Also, I just lost all my money on XpertOption. Please anyone with experience using it. Looks like betting in a way though. Any advice will be appreciated

Simply click withdraw from ur wallet page

yemmit90:
The current bull market may lasts till October/December this year, this is the best time to invest in crypto.

Meanwhile, alot of people, especially the new investors or traders would eventually got their fingers burnt. This is not a course but reality. The greatest gift or favour anyone can give you is his/her experience, especially on how and when to pull out your entire fund from crypto market in order not to be caught up with impending bear market. So, if you want to invest in crypto, please get at least a mentor who has witnessed previous bull and bear markets.

The truth is people are always going to say this is the best time to buy cryp. In 2019, I said same, in October last year I said same, a lot of people did too, no one listened. Now it’s approaching 40, everyone thinks it’s the best time. I just hope many are left hanging their nuts when it drops under 30. Knowing when to get in is tricky, knowing when to get out is even trickier

This year is the year of Alts.

Sailor1:


I disagree with you on this. It is not a gamble. Anyone who has traded it long enough will know that. For most old folks, a significant percentage of their worth is in crypt0 with no regrets. Betece has been by far the best performing asset of the last decade

The problem here has never been making profit, its keeping it that counts. For the guy that asked if he could borrow. The fact is that in current market conditions, one can likely double that amount in 2 weeks. The problem is that without knowing what one is doing, all that profit will be lost.

A lot of new folks here see it as a quick money scheme. The unfortunate fact is that most would ultimately lose if the do not learn to manage risk. It does not matter if betece gets to 100k. Ask those who were here in 2017 how it felt. If you're struggling to make profits at such a time, then ask yourself what will happen when the market turns

The bull market most are enjoying was cooked in a brutal bear market that lasted several years. During that time, most folks here thought it was scam. It is unfortunate but this is about the worst time to start trading crypt0. The bear market cooks you and makes you ready to reap and keep the money that new folks bring in the bull market.

For example, old folks in the market are using the current microcap run to stash more eith and betece. New folks are jumping from top to top. When those take over and suck up the market, new folks will start asking, can I buy betece now? Thats when old folks will start targeting cheap altys. This market is brutal. Most think they can play the market but less than 5% do.

Very great advice here; and you’re absolutely right about 2017, even 2019, most people complained that 10k was too much yet they’re jumping in now at 30k plus

As for doge, Reddit is waxing strong, and these guys are holding heavy. No be play play, on this thread I’m on alone, they’re holding a cumulative 50m in qoins, 50m is enough to shift things in that market. I have to say I’m feeling pretty good about it.

The problem is once they begin to dump, the value is gone

elmas:


Can you please use layman terms, I will like to understand this

I simply disagreed that it would take millions of people to pump prices. Reddit only took less than 100k people to do what they did to GameStop and Doge

IyaTola:
⚜️The pump on #XRP today is due to whales planning to mass buy XRP on Monday, something similar to what we saw with the WSB Reddit group pumping the price of Gamestop.

⚜️We will be monitoring XRP carefully over the next couple of days as this momentum cant be ignored. Getting involved with mass pumps can also lead to mass losses as you don't know who is behind it and when they decide to smash the red button.

⚜️Obviously, PnD price actions are a scam, and a majority of people who get involved (thanks to the social media pressure) lose money, except the few people who got in early.

Lots of smart points here... Especially number 2; if you fail to be made aware when that red plug is pulled you’re screwed.

Sailor1:


I swear... For example, I got stopped out from zil last year for 0.22 only for it to continue rising in the coming weeks to 0.1. That was almost x5. It was so annoying cos I knew it was going to pump but my stop loss was hit.

Not I'm not as annoyed with such. As far as I kep to my trading plan....


I agree with you on rip. A weekly close at this level will be a huge step... On it's last pump, it reversed between 0.8-1 usd. That'd be an area of interest this time but it'd have to get pat 0.6 first

Keeping to that trading plan and targets are very important, if one gets lucky and surpasses it all well and good but tempting fate is just something else.

bradwilli:
I bought E th from luno now and 12k was deducted as their fee. I don tire. How can i buy without them taking this exorbitant fees plss

Na wa, you must be doing something wrong chief... I usually don’t share my number but you seem to be having a tough time with these fees & I know they can be avoided... Send me a pm, would paste u my number and guide you from there

Gobengroup:
I mean luno and most exchange charges 2% on buying and another 2% on selling... I mean do you calculate your profit after removing their charges...

Try to find the recent post on this thread about limit orders instead of instant buys as well as market value buys... If you use limit orders there is absolutely no charge....

Even if you use market value trades it’s a 0.1% charge and I only use that when I’m in a hurry to dump.

Don’t buy from the instant buy, sell, send sign

lovinhubby2wife:
thanks for your response, I really appreciate. On a

Am I missing something? Please enlighten me more sir

You have it wrong boss... It’s not been initiated because you set your values too high...

It should be:

Stop Limit: 140.5 per X

Limit P: 141.5 per X

Value in X: btw 20,000/141.5 & 20,000/140.5 = 141-142 X

bradwilli:
I feel lost in all of this. I have lost so much this week and its
Lets all learn and win together. Its why we are here

Stop doing panic sales... You’d just be seeing that each time you sell the price will rise back, it’s how it works even in the stk market, every couple mins the price switches. Set your targets and also stop doing instant sells, sell using the limits on the wxchange it’s free no charge, if you use market value sales you’d be charged 0.1

The only time I use instant sell is when my profits are over 5 % at once & paying 0.1 ain’t nothing at that point

[quote author=lovinhubby2wife post=98254905][/quote]

There’s no such thing as a best time, but there are considerable up and down times that change and evolve... I usually use the past 24hrs, and the past week’s graphs to evaluate and set my personal daily objectives.

For example if I were in your shoes, here’s what I’d do if I wanted to count my losses and dt rip...

If you currently have 271k at 16.9 it means u bought when it was 18.7 per b with 300k

You might be right, you’d a bit far from home except you want to sit it out a bit, I personally think it will peak at 18.01 if at all it’s going back upwards this week.

If you dispose now, & enter rip at 138, you can do 3 trdz today buying & selling at a 1-2% margin and by the end of the day you’d have recouped 4-5% of your ish, do the math if it favours you, it is however risky... And you’d have to keep your eyes on it

MrSamsung:


Please how do I open a US CB account. I tried it but couldn't. It is mainly Americans can use it

You need a social, or a liaison perhaps a trusted family member based there, then you can forward the money to them and they would help you buy the qoins and send

Omenyi1:
Please can someone explain while quidax use to give

All exchanges have their rules and charges hidden in their terms of policy which you signed.

No two exchanges have same prices either; b might be 32,500 on Lno bt 32,720 on CB and something else elsewhere

Also, you might be using the instant buy option, that’s not trading... the exchanges too have to make their money. I only do rip trades on Lno where I know the rules of engagement

When I trade on other xchange s I make sure I’m making enough not to care about the fees