₦airaland Forum

XaToXi:
I gave 3 options.

Short, HODL or DCA.

You can choose what best suits you based on your situation and convictions.

I'm trading on Bundle... All these names are not there.

XaToXi:
What's your current portfolio value now and how much extra have you lost?

Naira
Tlm
Sun
Ada
Chz
Algo

Only Algo, chz, and Ada are strong contenders right now in your current portfolio.

Your options include :

Sell all now and buy 2 or 3 strong coins when btc bottoms below $30k.

Wait for a relief pump, then sell all and take some time to learn the ropes.

If this is money you can afford to lose, sell tlm and sun and leave Ada, chz and algo. When btc bottoms out, use the extra cash to average out your positions.

Don't be too worried. Crypto is very volatile and you will soon get used to its ups and downs.

Just don't put in funds that will affect your day to day living.

Your money will most likely grow beyond your initial N105k before December.

So are you advising me to sell all the coin on my lost now at a loss, and recover my funds?

Nigeria problem is Buhari biko.

Pojomojo:
Short it simple

I don't get

The world is gradually moving away from crude oil.
Very soon crude oil will become obsolete and useless like coal.

Coins are still dipping dipper.

seankafor:
bro, trim down your portfolio to 2 minimum assets

All these scattered micro sums won't take you anywhere

Please advice me on the 2 assets I should go for...

jedisco:
Hehehe... you no dey hear wetin we dey tok since?

For anyone new to crypt0, it's always best to start with betece and eith and let them form the majority of your portfolio for at least the first 1 year... There's a reason why they're top 2.

We've spoken about layer 1s and buying coins who have utility (i.e what function does the coin serve? is it used to pay fees on a smart chain? If so, how vibrant is the chain in relation to others? ) and little to no inflation (what is the supply vs demand drivers of the coyn). None of the coins on your list fit the bill.
Honestly, I'm not a financial advisor, but if I were in your shoes, I'd wait for the coins I bought to break even. Sell them and use 50-60% of my stash to target bitc0in at about 30k, eth at about 2k, and maybe the rest on 2-3 out of bnb, sol, ftm, one, Luna , matic and Ada. Then forget my account for the next 9 months.... and return to see where they are...


Another alternative will be to buy slowly in bits over say 2-3months... but u fit no get the mind...

Either way, welcome to crypt0.... You came in at a time of war

Please what's the minimum amount I can do for BTC and ETH?

Kay005:
BTC struggling @34k plus around 9pm now 36k plus around 12am with a long green candle. This market is full of manipulations.

How do you mean?

I knew Nigeria will loose when Buhari called them.

timmyrocksz:
Hmm you better do your own research

I thought it's luck and gamble.

You claim to be active on Nairaland but choose to create a new account to post this?
Why? Because you know you will be bashed.

Firstly, must your wife 2 siblings stay with you? Why can't they go to any of thier other relatives ?

Na person wey balance dey carry person.

Secondly, Why borrow for feeding and reoccurrent expenditures when you are not Buhari?

Anyone0455:
Hold algo well that coin go moon

Okay Bro... Thanks

Policemen should be very careful to avoid another protest.

jedisco:
Hehehe... you no dey hear wetin we dey tok since?

For anyone new to crypt0, it's always best to start with betece and eith and let them form the majority of your portfolio for at least the first 1 year... There's a reason why they're top 2.

We've spoken about layer 1s and buying coins who have utility (i.e what function does the coin serve? is it used to pay fees on a smart chain? If so, how vibrant is the chain in relation to others? ) and little to no inflation (what is the supply vs demand drivers of the coyn). None of the coins on your list fit the bill.
Honestly, I'm not a financial advisor, but if I were in your shoes, I'd wait for the coins I bought to break even. Sell them and use 50-60% of my stash to target bitc0in at about 30k, eth at about 2k, and maybe the rest on 2-3 out of bnb, sol, ftm, one, Luna , matic and Ada. Then forget my account for the next 9 months.... and return to see where they are...


Another alternative will be to buy slowly in bits over say 2-3months... but u fit no get the mind...

Either way, welcome to crypt0.... You came in at a time of war

Thanks so much... I invested before coming across this thread.
Well I'm learning a lot from you.

Innomama7:
how what happen sorry for that reply me let me gard you

I invested #105,000 this morning, now the value have dropped to #92,000.

Icecream4U:
One good thing is that you came in when prices are down.

Try to reduce the number of coin you hold, it would help you focus.

Know what DCA and taking profit mean. Atleast, understand support and resistance.

My advice: Stay invested. Most of us are expecting a pump but prices might still go down some more. No one knows for sure.

Thanks bro...
The prices are still going down below the prices I bought the coin. Hope there is no cause for alarm.

Enyinne:
Follow who know road . U should hv come to this thread , ask question of coins to buy or atleast read up before u invested ur money. Now ur making a lose . Pls follow up on the coins and see if u can recoup ur money then buy the alpha coins the A list Coins like bnb, ada ,ftm,one etc

Oh my bad... Thanks for the clarification.

ojeysky:
Ofcourse you don't need permission for that. You just need to click the sell button if you want to sell at a loss

What's your advice please ?

Please go to a government hospital and see a specialist

Pato5:
You are still in profit. Wait till your portfolio discover crude. You will keep looking up your chat every 10mins till u understand what you are in for.
Crypto is not for light minds. It's patience and strategy. If crypto doesn't break you then absolutely nothing can.
It's not a get rich scheme. Many don't tell their pain.

I'm confused...

Please can I back out at this moment?

osic:

Stop joor

jedisco:
Were you expecting it to go up every hour?

BTW, what coins did you buy.

As an aside, use the pic below take console yourself

I'm still a newbie biko... Don't make me scared...
See what #105,000 have turned to in less than 4 hours.

Clachi:
It depends on the coin.

As for me I don't invest short term, I invest in a viable coin for long term, if it yield faster return then good for me, I cash out but leave some coin there if the project is still viable, and wait to buy more when it goes relatively down......invest what you know you won't need for a long while ( but only in a viable coin)......

Please how do I know viable coin?
Because I just choose coins at random.

AquaPetals:
Team Naija is losing today.
Bihari has spoken to them.
Quote me after the game.

OMG, why didn't Buhari allow then to continue winning in peace ?

Please I downloaded bundle this morning and started with investment of #105,000 buying different crypto... As at this moment the cumulative balance is #96,000.
Please should I withdraw back my money or watch it go down every hour?

Innomama7:
Bundle is an app that lets you send cash & trade crypto for free.

Download the app here:
https://referral.bundle.africa/LkK7
And as a beginner is easily friendly good luck in all your adventure

I just downloaded bundle today, I've lose money today.

African countries are not yet ripe for independence.

robosky02:
How they Qualified for the round of 16

Tunisia was in Group F were they played 3 games. Losing 2 and wining 1. Thereby qualifying as one of the 3rd Best team.

Group stage result:

TUNISIA 0 - 1. MALI

TUNISIA 4 - 0. MAURITANIA

GAMBIA 1 - 0. TUNISIA

We go beat this people

biz2get:
is this Question meant for the GOD/s

It's meant for your big head.

Buhari is working.