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Re: Crypto Currency Investors Thread by KrazyDave16(m): 4:07pm On Mar 26, 2021
CryptoMatic:


As you can see most of those guys have 0-1 trades, so if you decides to trade with them and you get scammed, don’t come here to spam this thrend. Ok
They've upped their game now.

Some are reactivating and sharing old accounts (these ones work in groups) and using verified merchant accounts to facilitate the scam if you want to add the age of the P2P account and the "yellow tick" to the factors that'll make you trade.

2 Likes

Re: Crypto Currency Investors Thread by KrazyDave16(m): 4:15pm On Mar 26, 2021
You can even tell who's an OG scammer and a baby scammer there.

Worse is the trusted P2P merchants there are not helping.
Most don't take it seriously cos its a side hustle for them.

1 Like

Re: Crypto Currency Investors Thread by StrafordSTONES(m): 4:25pm On Mar 26, 2021
Can someone help me understand my mistake here please. I was in 1inch and when I saw bearish sign, I set a sell limit order at 3.85. But when I came, I saw it was filled at 3.91. please what did I do wrong?

Re: Crypto Currency Investors Thread by haryodehjia(m): 4:32pm On Mar 26, 2021
KrazyDave16:

They've upped their game now.

Some are reactivating and sharing old accounts (these ones work in groups) and using verified merchant accounts to facilitate the scam if you want to add the age of the P2P account and the "yellow tick" to the factors that'll make you trade.
Yes u are right
Some even gave good ratings.. Just like this one... I canceled d trade cos I couldn't reach the merchant via the number he provided...
Pls don't click the confirm button without receiving..
This is even for the buy not just selling

1 Like

Re: Crypto Currency Investors Thread by Jerry59: 4:34pm On Mar 26, 2021
emsco:

thanks bro. what about BT.C, do i have to have huge amount of money to be able to afford 10 Bitc.ion since they won't let me buy less amount on binance.
Like I said, $10 is all you need on bi.nance
Re: Crypto Currency Investors Thread by MrCodeSolo: 4:35pm On Mar 26, 2021
emsco:

Thanks for the response.. Pls how do i move my USDT to these other exchange you mentioned above?
can't I buy USTD on these platform and buy BTC then transfer to Binance
go to page 391 of this thread....check my posts dia. Already answered something similar to your question
Re: Crypto Currency Investors Thread by Jerry59: 4:37pm On Mar 26, 2021
StrafordSTONES:
Can someone help me understand my mistake here please. I was in 1inch and when I saw bearish sign, I set a sell limit order at 3.85. But when I came, I saw it was filled at 3.91. please what did I do wrong?
You did nothing wrong. Limit price helps you buy or sell at your price or better(below when buying and above when selling)

1 Like

Re: Crypto Currency Investors Thread by babanne(m): 4:45pm On Mar 26, 2021
StrafordSTONES:
Can someone help me understand my mistake here please. I was in 1inch and when I saw bearish sign, I set a sell limit order at 3.85. But when I came, I saw it was filled at 3.91. please what did I do wrong?
It means your finger, unknown to you tapped on 3.91 on the list of prices on the right thus changing your limit price. That's why it filled at 3.91. Next time watch it. Before you click on buy, check the limit price again. It has happened to me a number of times.

1 Like

Re: Crypto Currency Investors Thread by StrafordSTONES(m): 4:51pm On Mar 26, 2021
Jerry59:
You did nothing wrong. Limit price helps you buy or sell at your price or better(below when buying and above when selling)


The explanation seems apt. But I set that order having in mind that 3.85 any price below that would be a full bear in other words it was my stoploss. Guess I have look for the actual stop loss ...could you help me?
Re: Crypto Currency Investors Thread by StrafordSTONES(m): 4:52pm On Mar 26, 2021
babanne:
It means your finger, unknown to you tapped on 3.91 on the list of prices on the right thus changing your limit price. That's why it filled at 3.91. Next time watch it. Before you click on buy, check the limit price again. It has happened to me a number of times.




Unlikely bro...
Re: Crypto Currency Investors Thread by DheEmir(m): 4:56pm On Mar 26, 2021
Guys I wanted to fund my kuda account and after sending the money I realized that I can only sent 50k at a time because I've not upgraded the acct... Right now the money has been debited from my gt bank account and it has not reflected on the kuda account...
I have already send them a mail but no reply yet, has anyone experienced this before??
Re: Crypto Currency Investors Thread by CryptoMatic: 4:56pm On Mar 26, 2021
KrazyDave16:

They've upped their game now.

Some are reactivating and sharing old accounts (these ones work in groups) and using verified merchant accounts to facilitate the scam if you want to add the age of the P2P account and the "yellow tick" to the factors that'll make you trade.


I’ll rather suggest people go for trusted P2P accounts with atleast 500+ transactions, even at that, they should buy/sell in batch

2 Likes

Re: Crypto Currency Investors Thread by Nobody: 5:08pm On Mar 26, 2021
DheEmir:
Guys I wanted to fund my kuda account and after sending the money I realized that I can only sent 50k at a time because I've not upgraded the acct... Right now the money has been debited from my gt bank account and it has not reflected on the kuda account...
I have already send them a mail but no reply yet, has anyone experienced this before??
The money would be reversed if you send above 50k to the account. Rest assured cool

1 Like

Re: Crypto Currency Investors Thread by DheEmir(m): 5:12pm On Mar 26, 2021
khristology:

The money would be reversed if you send above 50k to the account. Rest assured cool
Thanks for the reply...

1 Like

Re: Crypto Currency Investors Thread by solreb: 5:17pm On Mar 26, 2021
AUDIO has been pumping. Thanks to whoever dropped it. I see the coin running to 10 i no time as it has moved from 0.7 ro over 3 in ust 3 weeks.
Re: Crypto Currency Investors Thread by nittly(m): 5:32pm On Mar 26, 2021
nittly:
if you will like to do scalping trade
Target: Audion, Matic
NOTE: DYOR
Audio target to the moon
Re: Crypto Currency Investors Thread by Nobody: 5:33pm On Mar 26, 2021
Please someone should highlight in detail to newbies in how to differentiate the real p2p merchant from the fake ones please

1 Like

Re: Crypto Currency Investors Thread by Ronin1: 5:42pm On Mar 26, 2021
StrafordSTONES:
Can someone help me understand my mistake here please. I was in 1inch and when I saw bearish sign, I set a sell limit order at 3.85. But when I came, I saw it was filled at 3.91. please what did I do wrong?

You can't use limit order type to set a stop loss, it's going to execute instantly at the current market price. In this case your limit price is already lower than market price. What you did was try to sell lower than market price but the system automatically adjusted it to market price. Next time, use a stop limit or stop market

1 Like

Re: Crypto Currency Investors Thread by StrafordSTONES(m): 5:46pm On Mar 26, 2021
Ronin1:


You can't use limit order type to set a stop loss, it's going to execute instantly at the current market price. In this case your limit price is already lower than market price. What you did was try to sell lower than market price but the system automatically adjusted it to market price. Next time, use a stop limit or stop market



Ok boss...Thanks boss. Which also confirms that Binance the "stop loss" feature, just these other ones that serve the same purpose
Re: Crypto Currency Investors Thread by Notyamate(f): 5:58pm On Mar 26, 2021
Riding on $AUDIO $FIL and $CKB.

3 Likes

Re: Crypto Currency Investors Thread by haryodehjia(m): 6:02pm On Mar 26, 2021
Notyamate

Filcoin is the joy giver so far on this space.. I can't say this is the target but slowly approaching my target of 171 in less than 2weeks
Re: Crypto Currency Investors Thread by nittly(m): 6:02pm On Mar 26, 2021
FASTCHOW:
Please someone should highlight in detail to newbies in how to differentiate the real p2p merchant from the fake ones please
no specific means of identification, but what you have to check most. is the "trade completion 1000>" "percentage 90>" and also always call the vendor line before payment, make sure is online.

"when making payment and you see your network is slow, just stop the deal it a sign of SCAM, it mean your head is at your back" LOLzz

2 Likes

Re: Crypto Currency Investors Thread by Notyamate(f): 6:03pm On Mar 26, 2021
haryodehjia:
Notyamate

Filcoin is the joy giver so far on this space.. I can't say this is the target but slowly approaching my target of 171 in less than 2weeks

Yeah, the coin be making me grin. Thanks for recommending it.
Re: Crypto Currency Investors Thread by haryodehjia(m): 6:05pm On Mar 26, 2021
Notyamate:


Yeah, the coin be making me grin. Thanks for recommending it.

cheesy
Wish I enter wen it was at 22-45 was busy watching n scared of dump for two whole days.. cool
Re: Crypto Currency Investors Thread by murphyrichy(m): 6:08pm On Mar 26, 2021
StrafordSTONES:
I'm gaining experience daily. Few minutes opened a sell order of Busd on P2p. The buyer transferred the funds and I received but he didn't click transferred on his on end; Binance had to cancel the trade because in their system, he didn't make the payment. Fortunately for him, I called him when the order was opened so he used the no to call me back and pleaded that I reopen the trade. I did and I feel almost righteous grin
He was lucky to meet a good folk like you. you did well.

1 Like

Re: Crypto Currency Investors Thread by Mamazi1(m): 6:09pm On Mar 26, 2021
Someone please help me. How do I transfer my ripple from Luno to Binance. Do I have to seek for a ripple address? If yes how do I locate the tag/wallet. Please teach me o.
Re: Crypto Currency Investors Thread by Jerry59: 6:11pm On Mar 26, 2021
StrafordSTONES:



The explanation seems apt. But I set that order having in mind that 3.85 any price below that would be a full bear in other words it was my stoploss. Guess I have look for the actual stop loss ...could you help me?
Use stop limit
Re: Crypto Currency Investors Thread by KrazyDave16(m): 6:25pm On Mar 26, 2021
haryodehjia:

Yes u are right
Some even gave good ratings.. Just like this one... I canceled d trade cos I couldn't reach the merchant via the number he provided...
Pls don't click the confirm button without receiving..
This is even for the buy not just selling
Look at the release time.

Even that will discourage me from interacting with such person.
Re: Crypto Currency Investors Thread by bizzibodi(m): 6:27pm On Mar 26, 2021
Hamachi:
*LETTER TO A YOUNG INVESTOR*

Recently my firm was hiring a junior analyst – someone who’d work directly with me. In the past we’d post an advertisement and get hundreds of resumes and we’d have to dig through them trying to identify a candidate with the right pedigree and relevant experience.

We have probably employed thirty interns over the years to help us with research. We have learned from experience that educational background, prior experience, and even working toward the CFA designation had very little predictive power as to whether a person would end up doing great or just mediocre research. I decided to take a slightly different approach to hiring for this position. There was only one factor that really mattered to me this time – passion.

Yes, passion!

Investing, though it can be an incredibly intellectually stimulating and rewarding endeavor, can also be (and often is) very frustrating. Thoroughly researched and well-thought-out decisions don’t always result in the expected outcomes (you can thank Mother Randomness for that). But even when decisions do pan out, the time for gestation to fruition may be years.

Passion is the fuel that keeps a diehard, process-driven value investor going through the times when the markets are divorced from reality, when it feels like you are living Einstein’s definition of insanity – doing the same thing over and over again and expecting a different outcome.

There is a saying in basketball: You cannot teach height. In investing, you cannot teach passion.

How do you find out if applicants actually have passion?

Build barriers for candidates to climb. I intentionally made applying for the job a very time-consuming exercise. We asked for the following from the candidates: List the books you’ve read over last twelve months (not limited to just investment books); give us a sample of a stock idea analysis; write a few paragraphs about two people (dead or alive) who impacted you the most and tell us why; tell us about three books that have impacted you the most and why; and finally, write us a cover letter to tell us why we’d be making the biggest mistake of our professional lives by not hiring you.

We contacted local universities and posted this position on social networks. Someone on Facebook opined that he would not want to apply for a job that required so much effort. My reply was, I only need one person (and it was not him).

We received four dozen applications. Most of them were just resumes with a standard cover letter that predictably said something along the lines of “Dear hiring manager, I am awesome. Hire me” – we completely ignored them.

However, we received a dozen submissions that answered every question posed by the job description. We carefully studied these submissions, conducted several interviews, and hired a person who went far and beyond what we asked for in our questionnaire.

After this process was completed, I felt that I owed the candidates who had done their homework the courtesy of at least paying them back with my time. I contacted them and offered to meet them in person or over the phone.

Here is why…

I know exactly how most college graduates feel. I remember that when I graduated from the University of Colorado in 1997, felt completely lost. I had no idea what to do next. As I was thinking what advice I’d give our candidates, I realized I just had to think what advice I’d give myself twenty younger. I did what I usually do when I think – I sat down to write.

So here it comes.

A Letter to a Young Investor (or my younger self)

To quote Mark Twain, don’t let schooling interfere with your learning. I recall that when I graduated from university, I was feeling invigorated by Modern Portfolio Theory (MPT). I was ready to calculate betas and go on the expedition to look for the efficient frontier … only to discover that MPT, though it won Harry Markowitz the Nobel Prize, was not used by practitioners. It is used by academics and consultants (the latter being academics who could not quite make it in the real world).

MPT is a model, and just like many economic models, it comes with a warning label in small print: Ceteris paribus, which translates from Latin as “other things being equal.” Be very wary when you see this phrase; it is asking you to ignore what did not fit into the elegant formula, which in this case is the assumption that humans are rational. Creating a theory based on this assumption is as useful as building a plane by using physics that assumes the world is flat or puts gravity in ceteris paribus small print.

I have had thousands of conversations with other professional investors, and I have yet to have a deep and meaningful conversation or debate about beta or the efficient frontier.

Find yourself. Investment strategy is like a piece of tight clothing: Just because it fits and looks good on someone else, doesn’t mean it’s a good fit for you. Your investment strategy has to fit your personality; it has to wrap around your biases and life experiences. You’ll only discover your strategy, the one that fits your personality when rubber hits the road, when you start putting real money to work.

Which brings me to the next point.

Just do it. The best way to learn investing is by doing it. Don’t do paper portfolios. Take as much money as you are can afford to lose (because you may lose it), and invest it –. Look at this sum as real-world tuition and start investing one stock at a time. The most difficult part of investing is staying rational when you get punched in the face by the markets. Paper portfolio doesn’t punch you in the face; the worst they’ll give you is paper cuts. Understanding the emotions that losses and gains evoke in you and dealing with these emotions is incredibly valuable.

Don’t focus on building a properly diversified portfolio. Your initial focus should be stock analysis, not portfolio construction. You simply won’t have the time to do enough deep research to build a diversified portfolio of 15 to 25 stocks. At this point in your career, depth is more important than breadth.

Invest, don’t gamble. Do the analysis with the diligence and care that you would bring to investing your parents’ retirement savings.

Document your research. Imagine you are working as an analyst at a mutual fund and writing a pitch for a stock to a portfolio manager. And then after he has listened to your advice, you are updating him on what to do next. I promise you this: You’ll learn a lot from documenting and writing up your research. This will keep you rational. And there is another important benefit: When you apply for an analyst job, you’ll have something to share that sets you apart from everyone else (many with better educational pedigrees) applying for the job.

I’d recommend browsing through investment writeups on ValueInvestorsClub.com. This website was started by Joel Greenblatt – a terrific investor who wrote The Little Book That Beats the Market and You Can Be a Stock Market Genius. (By the way, I highly recommend both books.) It has 250 members (I am a member). It is very difficult to become a member, but you can browse every idea that has ever been posted there with a 90-day delay. This is where you can learn what the depth and rigor of your research needs to be. Writeups there are posted by diehard value investors, not academics, who put their money where their mouths are.

How do you start? What stocks do you begin analyzing first? Recently I was asked this question by a fellow who had undergraduate and graduate degrees in aerospace engineering. What do you think my answer was? I said “You probably know more than most people your age about the aerospace industry. Create a map of the industry and then learn about each company in the industry.”

If you got yourself through college working at a restaurant, and if you are not sick of it, restaurants and food distributors would be a great place to start. It is easier to start analyzing something you already understand. By doing so you are removing an extra layer of complexity involved in learning the physics of an industry.

Embrace ambiguity. When you solve physics problems you expect the answers to extend several digits beyond the decimal point. Physics is an exact science. In investment classes you were given precise inputs to punch into mathematical models and thus were expected to spit out exact answers. But unlike the inputs you were given in your classroom problems, real-world inputs are imprecise; indeed, they can be downright hairy. Thus heed John Maynard Keynes’ advice: “I’d rather be vaguely right than precisely wrong.” Vague rightness comes from understanding how things work and the relationships among variables.

Learn to say I don’t know. You cannot be expert in everything. Someone who has an answer for everything probably knows very little. Saying I don’t know when you don’t know requires honesty and self-confidence, and it opens doors for learning.

Make investment friends. My life over the last twenty years has been enriched by having great investment friends around me. Today my investment friends are really just my friends, with whom I share and debate stocks, though we also talk about what your normal topics – family, kids, etc. Investing doesn’t have to be a solitary, sterile journey; in fact it should not be one. Every investor, without exception, will go through a period where he or she feels like a complete idiot – the market will do this to you at times (trust me on this one). If you have surrounded yourself with the right (humble, non-arrogant, empathetic, pull-you-up and never-push-you-down) investment friends, they’ll provide the support that will help you cope with this difficult time. Also, if you surrounded yourself with friends who are smarter than you, then you’ll have an endless opportunity to learn from them.

Here are some books that I’ve found helpful.

I’d start with Fooled by Randomness, by Nassim Taleb, which will make you deeply appreciate the role randomness plays in investing.

There are a lot of books written by about Buffett, but my favorite is still The Essays of Warren Buffett, Buffett’s annual reports edited into a book by Lawrence Cunningham. Then there’sPoor Charlie’s Almanac, if you want to understand the second half of Berkshire Hathaway – Warren Buffett’s partner, Charlie Munger – which also includes Munger’s speeches.

Thomas Sowell’s Basic Economics has taught me more about economics than all my economics classes combined.

Margin of Safety, by Seth Klarman – one of the most brilliant investors of our time. Though the book is out of print, you can find it online if you’re resourceful. If you fail to find Margin of Safety, Howard Marks’ The Most Important Thing Illuminated is also filled with Klarman-like wisdom.

I was a big fan of the Little Book series long before I wrote a book for that series. However, the process of writing one made me appreciate the series even more. These books are usually written by great thinkers and practitioners (we’ll exclude yours truly), who often have taken their “big” books (as I did) and simplified and condensed them into smaller, more accessible works. This process of simplification and condensation forces you to keep what matters the most. My two favorite books in is series are The Little Book of Behavioral Investing, by James Montier, and The Little Book That Builds Wealth, by Pat Dorsey.

Reminiscences of a Stock Operator, written in 1923 by Edwin Lefevre, tells from a first-person perspective the fictionalized tale of the early years of the great trader Jesse Livermore. It is rumored that this book was actually written by Jesse Livermore and edited by Lefevre.

Though traders and value investors fish in the same pond – the stock market – and may even catch the same fish at times, their approaches and analytical timeframes are diametrically different. However, they do share a common element: Both activities are carried out by humans and thus are impacted by emotions. Reminiscences provides a great introspective look inside a trader’s mind and teaches many behavioral and common-sense lessons. My favorite edition is the one annotated by my friend Jon Markman. Jon’s annotations are like a book within a book; they take you behind the scenes of Lefevre’s story and give important insights into the key characters and the backdrop of that very interesting time period.

This is anything but a complete list, but it’s a good start for learning about investing.

I don’t want to end with empty platitudes, but I’d be remiss if I didn’t stress the importance of having an unstoppable, insatiable thirst for knowledge. Learning doesn’t cease when you graduate from university; it continues and never stops. As I look at my investment role models, all them, without exception, have that quality. If you don’t have that thirst, cut your losses and find another career or hobby.

A value investor needs to have a growth mindset.

By Vitaliy Katsenelson
Summarise brother,summarise..use keypoints next time.

6 Likes

Re: Crypto Currency Investors Thread by KrazyDave16(m): 6:33pm On Mar 26, 2021
Mamazi1:
Someone please help me. How do I transfer my ripple from Luno to Binance. Do I have to seek for a ripple address? If yes how do I locate the tag/wallet. Please teach me o.

Click Deposit

Search Ripple, click on it

Copy the address and tag you see on your wallet

Paste it onto the other exchange you want to use to send it

Disclaimer - if anyone scan the QR or send to that wallet address in the SS, I WILL NOT RETURN IT O. NA EXAMPLE I DEY SHOW PERSON

1 Like

Re: Crypto Currency Investors Thread by KrazyDave16(m): 6:49pm On Mar 26, 2021
DheEmir:
Guys I wanted to fund my kuda account and after sending the money I realized that I can only sent 50k at a time because I've not upgraded the acct... Right now the money has been debited from my gt bank account and it has not reflected on the kuda account...
I have already send them a mail but no reply yet, has anyone experienced this before??
Good thing you using Kuda.

Best for countering scammers using fake alert sms to deceive people as transaction is instant (unless there is downtime on Kuda's end)
Re: Crypto Currency Investors Thread by Ibime(m): 6:54pm On Mar 26, 2021
ADA is a great swing play during dips. Not many coins have the range it does.

4 Likes

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