₦airaland Forum

wow

hmmm

hmmm

So who now gave the order?? My late dad abi who?

Ebola again?

Hmmmm bndnd

Is this playing

Dore's Hub

Hmmm

y

Welcome to Dore's Hub

hi

Hey

Story for the gods

It's okay

Portable is not a man of peace

This life na wa oo

TheZebra:
I have a bundle account but haven't traded there, is the site good? What are the pros and cons please?

Yea, it's quite okay! Their fees are damn low. But they've got lesser coins than Binance but more than Luno, They've not got an inbuilt graph/chart to study the market (Luno has this, Binance does too(even more advanced), The 'limit order', 'stop-limit' and 'OCO' are missing there also. These are the only things I've noticed since I recently just relocated to Binance. The Elders in the house can add more.

The only thing I did love and will miss although is their low charges!

A

jedisco:
I use it on sell orders as a form of risk management.

E.g you buy eith at 50, it goes to 100, you think it may still rise to 150 but want to protect your profit incase it drops.

You can use a sell stop limit. Lets say you put your stop at 88 and limit at 86.
The stop is the price at which your order is triggered. In this example it's 88. So if the price of eith drops to 88, your sell order becomes valid.
Limit- this is the least price you want to sell for. i.e once the price gets to 88, your sell order is placed but it wouldn't be sold for anything below 86. It's useful especially if you're selling large amounts, when there's huge volatility or in pairs where the order books are thin.

Take for example, you want to sell 5000 betece. Thats hundreds of millions, a limit order will prevent sharp price fluctuations

A simple stop or stop market order means that once your set price is hit, your coins are sold for whatever buy price is available

Another one not available on binance is a trailing stop loss. Here you can set it at say 90 when eiths price is 100. It'd keep following it forward at a 10 dollar interval but never goes back. E.g if eiths price rised to 120, your stop will become 110. If there's a pullback then, it'd be hit and not go back.

It's tricky knowing where to put your stoploss cos they're hunted. You don't want to put it too low and if you put it too close to market price, it'd likely get hit b4 any significant move hence you may buy higher at the end.


That said, there are different ways of risk management. Personally, in some market conditions I tend to use different ways. Now what I use is mainly taking profit on the way up

Ahh!! Thank you Sir..

So sorry for putting you through this stress.

Thanks once again, E just dey like say I don graduate from pre nursery enter nursery one

jedisco:
This market is so predictable.

Yesterday evening, I logged on twiiter and most influencers were screaming buy Link. Most would have gone degenerate with high margin trades hence it needs to flush them out. Almost sold my stash at 25 usd cos I knew it'd pullback.

People keep mentioning its run from 5 to 20 last year. What they wouldn't say is that no one expected that run. Most thought it had topped out when it initially got to 8 and sold their stash. Now everyone is expecting a repeat of that run. That makes me concerned. That said, I believe 40usd is only a matter of time for it.

BTW fam, seems we're getting into another altz party... Loving it as my bags are stashed thankfully on strong coyns. Remember to take good profits on the way up so you have dry powder when its necessary. Also don't forget its a bull run, don't take profits to early and leave a tiny bit as a moon bag...

Altys I'm watching...
Eith
Dot
Aave
Ren
Link
LTC
Band
Vet
Xrp
ADA
Sxp
Algo
Atom
Uni

I prefer to focus on a about abt 5 strong ones buy monitor some for quick scalps.

Morning Sir!

Could you please explain that 'stop limit' feature on Binance in layman's english?

Are withdrawal charges on Binance usually this high? Abi I'm doing something wrong?? Cos #300 for 5k is much o !!

Bundle was charging only #50 for every withdrawal to bank account

BabaGrinz:
Na wa oo.....i've been reading thru the comments on this thread and I've come to understand that the only way most of u guys earn btc is by buying and selling asin buy wen d price is low then sell wen it rises..well that's one of d ways to earn cryptos but mind u there r a thousand and one ways to generate btc...like thru exchange asin exchanging crytos..,cloud mining. Using ur hard drive hashrate to get this btc..PTC .,faucet claims...so to all newbies please I'll recommend u make use of google to explore on cryptos currencies on d different ways u can earn it..i would have drops some links bt d last link I drop lead to me been ban ..so instead of relyin on the buyin and sellin strategy wy not explore other means so as u wait 4 d price to rise ur BTC will b accumulating..
#Peace

Can I pm you??

TheEnlightenedO:
Anytime boss, I started small too, I just capitalised heavily on panic sales... If you PM and your WhatsApp I can add you up and give you tips on when to possibly buy in and dump, I don’t teach classes or nothing, would just give a few helpful tips I usually give my close friends...

Can I Pm too?

Amehid2:
Bitcoin has given the reentry signal.i bought a few hundred dollars worth last night based on my fractal system.if I get a bearish engulf I exit my trades by selling my coins untill I get a new buy fractal confirmation.i invested $500 to try out my method end of November 2020.my investment has grown more than 50%.Ethereum has also given a fractal buy setup,it's good to go.lite coin has also given the fractal buy.ripple has had the fractal buy for some days but it's stagnating.when it's time to exit the trades I'll give an update.

Thank you ooo

genius43:
This thread have no moderators, it is the section that have moderators. Once you click on phone section you will see mail mods.

Okay.. Thanks