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Mumben's Posts

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Investment › Re: Crypto Currency Investors Thread by Mumben(f): 2:25pm On Jun 11, 2021
hpymoment:
Is auto transfer same as auto subscribe ?
Mine is auto subscribe, I guess they re both same. Maybe when u uncheck auto transfer, it transfers ur bnb back to spot wallet.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 11:06am On Jun 11, 2021
QuinModah:
Okay, learn about it and come teach us how to stake.
Stop pulling my legs naa, na me go teach you abi na you go teach me?
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 11:03am On Jun 11, 2021
[quote author=hpymoment post=102603872]I’m in for hodling like a year or two

How do I suspend the BNB if I wish to [/quote

Uncheck d auto subscribe button and click on unstake. If u plan on holding for a year or two, then staking it is ur best bet. Staking bnb has more advantages than staking other coins cos u get to participate in some airdrops n so on. Do ur own research oh cos me sef still dey learn.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 10:51am On Jun 11, 2021
hpymoment:
So it expires every 15days?
I don't think bnb has expiry date but d others expires after 15 days. Note that u can't trade with d coin during d period of staking.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 6:35am On Jun 11, 2021
Solmorg:
Pls can u guide me on how this staking is done? What steps do I have to take thanks
With all pleasure. @ hpymoment please refer to this. I am also a newbie so we all are still learning. From binance homepage, click on more, click on bnb vault, check d auto subscribe button, click on stake, that's it. Very easy but u must have bnb in ur spot wallet.
Secondly, to stake other varieties of coin, after u click on more from d home page, u"ll see staking, click n it'll bring out many coins like matic, ksm, one etc. Go for d one u have, u'l see d minimum u can lock for 15 days, enter d amount u are willing to stake or click max if u re staking all. Stake n u're good to go.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 6:16am On Jun 11, 2021
1kinggy:
Binance Earn/staking almost as safe as keeping money in the bank. It's a DeFi approach to you holding your coins and allows you to earn interest.
Thank you very much, I have already staked my bnb n it has started yielding ATA from yesterday.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 6:09am On Jun 11, 2021
CryptoMatic:
Staking help you earn returns on your token, depending on their APR, as a newbie to crypto, it’s much more better for you, rather than trading and accumulating losses
Thank you very much. Do u know I staked my shikini bnb yesterday n I woke up to see 0.00410972 ATA in my spot wallet. Chai, if I had known all this earlier, I would av staked even before d ATA was listed on binance. Anyway, day don break for me.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 9:24pm On Jun 10, 2021
QuinModah:
You have not finish learning spot and taking profit, you want to stake. Lol! Mummy Ben, you wan do awoof. Don't let greed get the better part of you.
My Sister, I believe that d staking comes with lesser risk for noob like me. E just dey like fixed deposit right? Explain give ur sister oh, since I start, I never see profit take oh that's why I dey reason staking. this crypto be like say THE MORE U LOOK, D LESS U UNDERSTAND.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 3:50pm On Jun 10, 2021
Mumben:
Crypto investors, I greet u all. Pls can someone explain binance staking to me? I was just playing with my app and I came across bnb vault, staking of different coins like matic, cake, ksm etc matic has a 43.29%, APY.what are d pros n cons of staking? I want to make an informed decision. If I stake a coin say matic and d coin is appreciating, can I opt out of d stake n what happens to d interest accrued before then.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 3:05pm On Jun 10, 2021
Crypto investors, I greet u all. Pls can someone explain binance staking to me? I was just playing with my app and I came across bnb vault, staking of different coins like matic, cake, ksm etc matic has a 43.29%, APY.what are d pros n cons of staking? I want to make an informed decision. If I stake a coin say matic and d coin is appreciating, can I opt out of d stake n what happens to d interest accrued before then.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 10:39pm On May 25, 2021
SteveOfu:
Asset allocation involves dividing an investment portfolio among different asset classes, such as stocks, bonds, and cash. The process of determining which mix of assets to hold in your investment portfolio is a very individual. The asset allocation that works best for you at any given point in your life will depend your ability to tolerate risk & time horizon.

Time Horizon: The duration for which an investor intends to keep the money invested in the portfolio in order to achieve a particular financial goal..

Risk Tolerance: Risk tolerance is your ability and willingness to lose some or all of your original investment in exchange for greater potential returns.

Three types of investors:

Aggressive: This type of investor will want to maximise their return and is willing to accept a high amount of risk.

Moderate: This type of investor values higher long term returns and is willing to take moderate risk.

Conservative: This type of investor want modest income and capital growth with reasonable capital preservation.

Mumben, What type of investor are you?
To answer ur question, I am a moderate investor
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 10:26pm On May 25, 2021
Pojomojo:
Mom! I will advise you read from pg 1 atleast to get a better understanding of this market since you have time on your hands. DON'T trade anything yet until you are convinced you can trade.

Happy trading!
Thanks, I have been a silent follower of this thread, I av bn following from page 1 and that is what has ignited my interest in trading. My bro gifted me 102 units of doge when it was @$.38, I watched it grow to .71 and I didn't realize I should av sold it then. I am still holding though.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 7:57pm On May 25, 2021
jedisco:
That's not how crypt0 works... You're much more likely to make a loss than profit if you approach it that way...
Day trading requires time, skill nd lots of oda things....
I remember advising some people earlier on this thread against day trading.... Most lost hugely and disappeared....

Before you start day trading in this market, it's advisable to have traded it for at least 2 years.
It's much easier to approach things from a higher time frame... You end up making and keeping more than most daytrading...

Also, crypt0 is best done as a passive investment with very clear targets of when and how you want to take profits
thanks, I appreciate
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 7:55pm On May 25, 2021
Oyindamolah:
Mumben this should guide you
tnx
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 4:14pm On May 25, 2021
lavylilly:
Good, may I ask you what you know about the coin
The market cap
Circulating supply
Use case
Those behind the project
to b very honest with you, d only thing I know is that d coin kept going up when btcee was dipping. I guess I need to do more research
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 4:07pm On May 25, 2021
elmoduddah:
I’m a mom of two and the reason i started crypto trading is because i’m into tech and somehow got exposed to the business. I have a main business while i trade crypto by the side. Its not going to be easy. Sometimes your mood gets messed up by the market and you might not handle things properly at home.
Like they have said, for your peace of mind, set a daily target of 5-10%. Once you hit it, leave the market. If you don’t cash out any amount for one month, a daily target of 5% using $100 will give you a total of $432 (your capital inclusive).
A profit of $330 is N160,000. Cool money from just that small capital. Not easy but you can do it. Read, research, ask questions.

That’s my current trading style, so i can focus on my main business and have time for my family
Wow, I am motivated by ur experience, I shall give it a try. I am actually eyeing matic for now. Waiting for a dip to hop in
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 4:02pm On May 25, 2021
lavylilly:
grin I am laughing because I am very sure they told you people are making millions in this market hence the need to be a full time trader.

The capital to start with is pocket dependent. $100 depends on the coin you invest in some coin can do 1345%, yeah, are you suprised? This is crypto the profit are abnormal and the losses are equally abnormal.

Read from page one to this current page, you will see valuable information which would guide you.

There is no need to re-invent the wheels when it comes to investment; simply do what wealthy people have successfully done over the years.

Determine your risk appetite and go for what works for you:
Low Risk = Treasury Bills, Mutual Funds, Fixed Income, Bonds...

Medium Risk = Real Estate Ownership, REITs...

High Risk = Stocks, Establish a business...

Super dangerous Risk= crypto...

One of my mentors always says: If you're too careful, you'll be careless!

Good afternoon
thank you
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 3:17pm On May 25, 2021
yazga:
I laugh @ the bolded, it actually a business and as such should be treated as one.
Capital
Cost of data
Net profit

Capital $100
Profit $50
Total amount $150
Cost of Data $2
Net profit $148
You can decide to remove your capital ($100) and let your profit ($48) ride along or remove your profit ($48) and let your capital ($100) do the trading

Scalping daily can get you $10 (=N=5,000) if you know how to read RSI (please read about it or use YouTube).

In addition, have a plan or strategy

Know when to enter and exit the Market

Just like every other business, there are ups (abnormal profit) and down (great losses).

Don't be GREEDY $1 is a profit $.50 is a profit you didn't have it before.

Please, read, read, read, study, research and study since you want to be a full time trader
Thank you once again, u r too much.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 3:13pm On May 25, 2021
Cowbell521:
Madam, NO... No do am. Buy and keep be the best U fit do.. Trading heartbreak fit break person..... Best na to invest and leave am for months/years
I don't even have much to buy n keep reason I want to be buying n selling with little profits. Thanks anyway for ur suggestion.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 3:10pm On May 25, 2021
Cannicus:
You can target 5% to 10% or more daily profits on trade(s). That should give you the idea of capital you need to make it worthwhile.

Since you are still a novice, you can also join trade signal groups with verifiable track records. Free or paid.

Till you can begin to analyze the market yourself.
Thanks, I have gotten a clearer picture, with $100, I am good to go.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 3:06pm On May 25, 2021
bigx:
You should be able to figure this question out if you want to make it a full business.

1. Go on Babypips . com, learn all you can about technical analysis
2. Go to Binance Academy. Learn what they have there and indicators too.

Put money you can play with (consider it school fees) and start practicing what you're learning.

Once you're comfortable with small amounts and you're grounded then add more money and keep learning.
Thanks but u didn't answer my question on KCS.
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 3:04pm On May 25, 2021
yazga:
Yes, you can. Abies2d is a full time mom, she is a scalper,
Trader,
Sh!t coin ambassador
Moonshoot specialist and an investor. She started with $100, I read her journey into the crypto world on Telegram.
Thanks, I really appreciate ur response
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 2:43pm On May 25, 2021
bigx:
You can but you really need to know what you're doing.
like what n what? Pls elaborate. I need to get my hands on something and seeing that I am not cut out for biz, I believe this crypto suits my personality. I am not asking for too much, just a little profit here n there and am good. How much capital will make sense? I have a verified binance acct. Someone told me about kcs kucoin coins. Is it a solid coin?
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 2:11pm On May 25, 2021
To all d crypto traders in d house, please I have a serious question. Can one trade crypto as a full time job? Like how much capital will one require to be able to generate reasonable amount of profit weekly or monthly? Please help a confused Mum. I am currently unemployed so my reason for asking.
Family › Re: It Really Hard Being An Introvert. by Mumben(f): 12:04pm On May 20, 2021
Rubbiish:
Are u male or female?
If u are female, u shouldn't bother yourself!
Do u mind expantiating? I need to Know cos I am an introvert as well.
Family › Re: What Is That Thing Your Neighbour Does You Don't Like? by Mumben(f): 5:19pm On May 17, 2021
chatinent:
Mine: Being a good terms with one's neighbour is good.


Sometimes, people will only change when you show them you have principles.

Man'll be the last to come back late and leave the gate unlocked, only to lock his door. Mehn
I'll always have to go and lock it..even when he knows my apartment has its separate gate from the main. It began to make me feel if man taught I was being paid to lock the gate.


Irritating mehn.

It's a trivial issue though.

How about you?
Some neighbours Sha, once had a neighbor like that. He is always d last to come in but will always forget to lock d gate. It was my husband and the other neighbor who is a policeman that always made sure to lock d gate.
Sometimes, he will call and demand that d gate b left open as he will come home late only for us to check by maybe 12-1am and discover d gate is still open and he didn't come home eventually. Some neighbours are terrible
Investment › Re: Crypto Currency Investors Thread by Mumben(f): 5:17am On May 12, 2021
HeadTrader:
Sure send me a message on WhatsApp let's get your binance ready for a practical tutorial on how to trade crypto pairs
Good morning, please I would also like to learn how to trade. I got my binance account ready.
Family › Re: Sad Day, Tribute To My Elder Brother by Mumben(f): 2:28pm On Apr 26, 2021
Take heart my brother, may the holy spirit comfort you in Jesus name Amen
Career › Re: I Lost A Colleague To An Explosion At Work In Kogi (Graphic Photos) by Mumben(f): 5:59am On Mar 31, 2021
What a horrible way to die. May God grant his family the fortitude to bear this loss and also grant him eternal rest Amen.
Management should look into the cause of the explosion to avoid repetition
Family › Re: Nairaland Easter Giveaway 2021 Edition by Mumben(f): 3:51pm On Mar 28, 2021
Anyone has a sewing machine head? doesn't matter d condition, I will gladly repair n use it. I want to learn tailoring.
Family › Re: Why Is My Case Different? by Mumben(op): 8:48pm On Mar 15, 2021
descarado:
Excellent idea.
You can learn handiwork. Locking hair gives lots of cash. Though I dont know where you live. Gives more money than braiding, weaving etc.

There is one thing you have to know, self pity kills,it destroys ideas and makes one extremely lazy so I'm not gonna pity you but tell you to stop pitying yourself and use your brain. Don't ever neglect any small beginning.
That's how billionaires emerged.

This poster here passed through hell( don't think anybody my age would have survived those yrs) but I live to tell the story. So you should live to tell your story. Most importantly, know your worth, think your worth and you will attract your worth. That's the law of nature( very few apply that), you keep on looking for self pity, you will attract circumstances that demands that.
So you are what you attract and listen, there is nothing spiritual happening to you. Stuffs happen to people all over the world. If you can comfortably use the internet, then you are limiting yourself and have yourself alone to blame. If you give out positive vibes, it will surround your husband. So far you give out negative vibe( e.g. self pity) and it's affecting you both.

Introverts are the best brains in the world. Make use of your gift.
Thank you
Family › Re: Why Is My Case Different? by Mumben(op): 8:41pm On Mar 15, 2021
Catfishing:
I wish you are in my location, would've linked you up to my good learned frnd (lawyer).

really wish I could help you.
Thanks for ur willingness to help though distance has become a barrier but I pray God will open my book of rememberance soon.

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