Sailor1:


I'd say if this thread is to grow and for us to have a community, then its better most general creeptow discussions are held here.
I was on the agrotech and Treasury Bills thread and what helped those were discussions held there. Others can contribute and scrutinize. Of course, private discussions can be done privately.
Seems what most folks are looking for is someone telling them to buy and sell here. To be profitable in this market, one has to put in some effort. Else, its better to buy and forget it.

To be honest I’d really prefer that, not a fan of the personal contact thing, easier for it to be on here in the open, I can share tips off my own personal trades but I’m not some Guru, and I feel it’d be easier if everyone had different methods and opinions to consider... For instance I’ve grown interested in Lnk since it was mentioned here by u & a couple others

bradwilli:
i just withdrew yesterday all my funds. The charge is too high.

Which charge to withdraw?? Na 200 me dey pay oh even if I’m withdrawing Ms

bizzibodi:

How much can one buy now to make reasonable profit am taking of buying in thousand of # not millions.

Depends on your goals, and how long, short term or long term

arejibadz:
If u want to learn crypto trading YouTube should be your best friend

And experience

Houston17:


Baba Abeg I fit pm too?

Sure boss, I will post an alternate number for myself later tonight but i don’t teach, I can give one or two pointers or explain a few things but I’m not a group person, i no get one single group for my phone and I don’t intend to start now, nor do I like many calls, or any calls at all... if that’s fine by everyone, then I’d surely drop my alternate number later today

Can give hints on when I’m buying into the market and selling

Sailor1:


Alot of new folks make the mistake of putting most of their stash in ripple cos they think its cheap so easily relatable and they can own large amounts. I made such mistake and would advise against such.

This market flows on confidence and you'd want to go with what people have confidence in. You want to take position in the strongest coins

I bought some at 0.22 and targeting 0.4-0.6 because I felt it had bottomed. I'd advise new folks to thread carefully with it.

If in doubt, look up it's chart against betece or Eith and youd see it's been in a 4 year continuous downtrend. People want to be heroes and catch the exaxt bottom. Folks have been doing that for 4 years and getting rekt

In my opinion no one should buy rip and forget it or hold it too much, I trade it daily sha, and it’s been very good to me, but I do mine based on any 1-3 Naira increase in price which always happens at least twice daily, this morning I work up to a pleasant surprise from rip and eith

I buy and dump my rip within hours doe never sat on it for 24 hrs

PedigreeCity:



Pls add me 07060916308

Am just a newbie into the crypto

For the sake of all the guys asking for my number, I’d drop my alternate number but please I do not teach, I can explain one or two things but I don’t know how to teach nor do I have the time to do so... I can however give one or two pointers... I do not take calls either...

nittly:
Please can you add me up? or drop your contact 0.8.07.5.7.8.0. 2

For the sake of all the guys asking for my number, I’d drop my alternate number but please I do not teach, I can explain one or two things but I don’t know how to teach nor do I have the time to do so... I can however give one or two pointers... I do not take calls either...

Coolx:
pls which l that is advisable to buy

Depends on your goals and capital, are they short term or long term, would you be buying low and selling at a set target and buy in again and hold? If yes I’d suggest Eith or Lite or even the Big Bee, again all depends on your goals and if you’d have time to monitor

BabaGrinz:

That's trading just like FOREX but u can also earn from exchange Asin exchanging bitcoin to etherum and then exchanging the etherum back to bitcoin...but e get format. i guess u dey didn't recommend dat to u..

Beginners aren’t recommended to try this except you know what you’re doing but if you got balls by all means

BabaGrinz:

That's trading just like FOREX but u can also earn from exchange Asin exchanging bitcoin to etherum and then exchanging the etherum back to bitcoin...but e get format. i guess u dey didn't recommend dat to u..

True

ImpregnaTor:
pls is it OK to invest in at the moment?

Depends on your goals... but in my opinion it’s never too late... Funny thing is I was buying beetc when it was still under $400 for stupid purposes that year, now look where it’s at, this that year wey I Dey talk na 2015 March oh, but thank GOD sha, I saw the light early after my first 2017 jonzing, my parents spent a lot on my education but I have never even written a resume before, I started cry while in second degree & I wish I took d funds & put in cry when my mother asked me if I wanted the funds for business or school. But my annual income since 2018 has been at least 80m a year... no cap...

Sailor1:


I don't get.. how do you buy at 390 from the bank. Usee to think those applying for such rates had to be for tavel or other purposes. Please throw more light

True it does at some banks, but you know our country, ask the right person in the branch and they’d hook you up... How do you think most of the abokis get it, most of them hoard... I can’t mention the bank names on here cuz I intend to continue exploiting the loophole for a long time and everyone is on Nairaland...

Ryan03:
pls is this luno app?

Yes sir

jedisco:


Hmmm...
If it's profitable for you, then no probs...

Stats say that most 'traders' moreso low tike frame traders loose money.. To day trade successfully, one had to master the art. Most newbies may not be able to.

I trade more on the higher time frames as I believe that's where all the money is made or lost

True, I lost a lot in the beginning before I was able to master it, but then I learnt how to cut my losses and make up for them.


I however still hold quite a bunch of coins offline cuz I believe there’s a lot more for eith and b to come in the next 2 years

Anowax:
Thanks much for that insight as I rarely visit that section since I started using the luno app. Can you kindly explain that encircled area? Does the red one (Ask) denote the market price? Should I set my price at that rate or that of the green one (Bid)?

Lastly the "post only" toggle, should I leave it off or put it on? What purpose is it meant to serve?

Sorry for the late response was banned...

The green shows the big orders and the one showing on here is the highest buy order price on the exchange currently, if you toggle to the order book you’d seen the highest buy order price and the amount it’s set to buy, if you want your order to get filled faster than his, you can set yours for a few kobo higher than that.

The red one is the lowest sell order price, if you’re selling and want your order to sell faster than others, I personally always set this for about 40 kobo less than the lowest if I’m doing rip or 10k under betece price if I’m doing the latter and watch your order get disposed quickly


The post order only would only post the order on the order book but won’t fill the order, it helps if you want to BULL the price

solreb:
You are a serious trader. I trade as well but my target is 12% margin which I have done with polkadoit, ethereum, bitcoin. Perhaps I will adopt a small mrgin o Ripple which I had bought at N127 and have been holding to hit my 12% to offload. I could have done a couple of trips on Rupple in the last 4 dyas had it been I targeted 5 to6% gain. I will adjust and do some plays today.

Today would have generated at least a good 16-20% increase for you no?

Sorry was banned for a while

DenreleDave:

Pls sir, reply my dm....

I want to learn some things, I don't know if I shud ask here and u explain fully or I shud do it via email..


Pls I beg u sir, kindly reply my mention °°

I am just a guy dt wants to understand how this things work so dt I can do too

Was banned but back on here now, if you still have a question pls holla

elmas:


With a little of how much can I start with??
And can one make up to 3k daily??

It all depends on your targets and how strong your heart is... You can’t panic cuz the market will rise and fall, you just have to learn to ride the trend... For example you could make around that with rip or lite with 100k if u won’t panic and know how to ride the wave and are willing to do about 4 trades daily. Rip was hit with a major lawsuit bt I am still making quid despite people panicking

Pls reply on the main thread I’ve been unbanned

xammax:


Thanks for this, thanks also to flyheight

Anytime boss, there’s enough fish in this sea for all... Knowledge should be free

Sailor1:


if it works for you, stick to it. You're an old hand.
Its the new folks who want to start with day trading I pity. If you must day trade, you must be sensible while having a heart of stone.

What's this racket in the banks about?

A number of banks that still allow WU/MG transfers or Dorm accts (you’d have to be an Acct holder) and also sell at CBN rates * Trade Secret EDITTED!!!

chikay123:


Good day bros, please can you add me up to the WhatsApp group. my contact 08033016256. Thanks.

Boss, it’s not a group oh, I don’t even know how to teach, I was just sharing my own knowledge on how I trade. I simply trade the same way I trade my stocks, my mom was a stockbroker, so I understand a few fundamentals...

I can share tips on when I go into the market and hop out, and why but my methods would only profit people with short term plans, hit and runs

Sailor1:


People get carried away but betece but forget eith has outperformed it over the last year. I trade my alts to accumulate more eith and fiat

Following boss, you know your sh

Sailor1:


Yeah if you have the skill.
I switched half of my dot profits into eith and once eith settles, I'd move some of my eith profits into link, ada and ren as those should follow ferociously.

But most times, those who buy and hold outperform most traders in the long run

Yes most of hold outperform day traders and that’s cuz most people who claim to be day traders do panic sales and buys... And trade based on hope, I used to hold heavily until 2018, I started day trading in 2018, and it’s worked a lot better than holding; but then again I’m naturally a gambler and a risk taker & I play poker... I prefer picking my 1-2% daily and whenever there’s a major uprising i grab as much as I can. I always keep my initial capital in an offline wallet though that enables me ensure i have savings and a back up plan.

I’ve made a lot more of my day trading than of my holdings... then again I also have the time to monitor and the know how... When Mining was a thing, I mined but now it’s not profitable at all, so I stuck to day trading. There’s a racket at the banks that even allows you buy $ at 400 which allows me make close to 15% without even trading, hence why I don’t feel the Luno charges cuz they swap out $ at 481

TheZebra:

Bro please i beg u in the name of God, can you please explain something to me?
Did u make a one time withdrawal that exceeded your 200k limit, or you made several withdrawals that exceeded the 200k limit, cos i have more than 200k and I'm confused on how to withdraw

Before initiating withdrawals on Luno always verify your Acct at least to the second level, at the third level there’s no limits on withdrawals, and it’s almost immediate... I withdraw tens of Ms monthly and I’ve never been locked out

Sailor1:

The fact that the market is calm and waiting for a break and also Eith is sucking up all other altys and even betece strengthens my conviction on this move. If it breaks it, then brother the party begins. I have been waiting for this for over a month

I have real love for eith cuz I feel it’s a lot more secure based on volatility than betece . I probably have more faith in it than the latter

Sailor1:
Eith seems intent on breaking ATH...
Profits I rolled from dot into eith getting bigger
After a break od ATH should come the real excitement.... We would get a proper alt season afterall..

My advice to folks is simple, don't jump on every moving train. Preferably stick to a few sensible projects, take good profits on the way up and add on dips. If played properly, one can easily x2 their portfolio.
Dont hop on a coin that has done 100% in a week, wait for retraces.

True, but I think if one has the balls and the capital, they could easily cash in on the uprise in and out, more like a hit and run...

Sailor1:


Good profits if traded.
Personally, I'm not a fan of holding microcaps or for too long. They can go from 0 to 100 and back to zero. I take profits or flip into betece. There are still some few exceptions though but I consider them higher risk than mid and major caps as they are extremely volatile and are easily used for pump and dump scams.

I agree I never hold micro caps beyond a day, I set a small target when I see an uprise and cash out immediately I reach it (typically 2%) although Dot did great for me recently as well as a few others

Sailor1:


Of course... That's the main essense of creepto. You can potentially transfer any sum from one part of the world to another in minutes at almost zero fee

You can transfer coins from your account on one exchange to another and sell into fiat. Just make sure you select the right coin and 'copy and paste' the wallet address. Some exchanges charge a small fee for deposits, withdrawal or both.
If it's your first time, you can first transfer a small part initially and see how it goes. Another option you could try is Bundle Africa- much faster and easy app to use though binance offers slightly just better rates.

In the past, when there's high volatility on eith and the price on luno is lagging (cos of it's low liquidity), I used to market buy on luno (despite the higher fee), transfer to binance and sell for profit. Not done that in a while

I agree the liquidity is low but I love Luno cuz it allows me manipulate the price, if the highest order to buy is (pls allow me use Lt as ref cuz of minimal figures) 67,800 and the highest sell order is 70,000, and I have a lot of LT to dispose, all I have to do is set a buy order for a small amount at 68,400 & another for 69,600, the median price would move up on Luno to 69,500 or thereabout, allowing me to dispose of all I have at 69,800 or more.

Weirdgee:
withdraw the little profit u have made and leave ur initial capital

Smart Man

Anowax:
Yes it is, actually.

Again this all depends on what you mean by charges and if you know what you’re doing... I do not pay charges when I trade my coins on Luno, I actually only use Binance when I’m trading coins that aren’t available on Luno. Only charges I’ve ever paid or will ever continue to pay is my 200 withdrawal charge... I however hardly deposit using Luno, but when I do, my charges are btw 300-2k dependent on how much I’m loading... I don’t mind cuz I’m trading block

Sailor1:


By withdrawing do you mean selling into naira? In that case, you can do it on Luno as the charges though higher than the rest are negligible.

You hold the final decision on when to sell.
I'd say it depends on your entry point and target.
What was your entry point in USD?

As an advise, it's seems ready to break its ATH price soon. I'm not a fan of selling soon after that moreso in a bull market. It's currently accelerating, so I'd advise to hold on and see what the market does over the week. If it makes a significant move up, you can take some profits and observe.

I've outlined here how I plan to trade coins who have broke ATH. I've got some Eith and I'm not planning on selling soon except I see a clear change in market trend. That said, I monitor the market more closely.

If betece holds and it seems it would, then Eith could easily reach 2000 usd in a few weeks

I agree with your POV on this Sailor... Eith hit its all time high today and would more than likely surpass expectations over the next couple weeks