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Crypto Currency Investors Thread - Investment (429) - Nairaland

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Re: Crypto Currency Investors Thread by PerfectMatchNG: 5:47pm On Mar 30, 2021
See as a Cryptovestor
* Factor in the cost of Data into your profit
* The cost of exchange fees before you arrive at your profit

2 Likes

Re: Crypto Currency Investors Thread by Emmamillionaire: 5:49pm On Mar 30, 2021
Harmony( one) gathering momentum
Re: Crypto Currency Investors Thread by Tolu181: 5:57pm On Mar 30, 2021
nittly:
just (FOMO) enter now!!!!
hehehe
Re: Crypto Currency Investors Thread by Tolu181: 5:58pm On Mar 30, 2021
Fil sha

1 Like

Re: Crypto Currency Investors Thread by nittly(m): 5:59pm On Mar 30, 2021
Tolu181:
hehehe
lolz bro
Re: Crypto Currency Investors Thread by iLegendd(m): 6:03pm On Mar 30, 2021
One tip I'll give newbies is: even if you don't use Twitter, Facebook, or Insta.gram, like me, make sure you follow pages of the top 5 exchanges like Binance, Coi.nbase, Kuc.oin, Gate, etc.

Why? They announce new coins they are about to list on their pages most times. Also, register on Gate "dot" io.

Why? The exchange is cooler than I thought and they have a feature that alerts you of any coin with an unusual movement. It could be a big fall and that is an opportunity for you to jump in.

Also, you can install a free app called Simple Crypto Scanner to help you gain access to a couple of exchanges and search for coins trending there or the ones with less or higher volatility. I use it as a spy tool.

22 Likes 5 Shares

Re: Crypto Currency Investors Thread by jedisco(m): 6:27pm On Mar 30, 2021
I'd share some thoughts on certain micros...

Rsr

On the 12 hr chart

Bounced quite well and heading to previous resistance at 0.01 (labelled 2).. That's an area I'm watching... If it takes it, then that should be a good entry..
So far, there's been some rejection... I'm leaning towards it forming an 'inverse head and shoulder' before it breaks out. I'd potentially be bidding the 0.085 area(labelled 1) which corresponds to the other 'shoulder' support..

Got my alert set on those 2 zones and will watch PA when it gets there

3 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 6:34pm On Mar 30, 2021
Second is GAS...
Converted some of my betece holdings a while ago into gas at 0.0...2
Reasons were because it was holding support on the 21 d ema(1st pic)
And more importantly, looking at the weekly chart, that the 0.02 area was a significant resistance zone which it is in the process of flipping..

Targets are clear on the weekly chart... First is at 0.04-0.05 ish and second at 0.008-0.01... That'd be about x2.5 and x5 from my entry.... Let's see how it develops.

Generally speaking, if the alyt I'm trading is not performing better than betece, I'm better off just holding betece.. sometimes, I trade alyts to increase my betece holdings

5 Likes

Re: Crypto Currency Investors Thread by Meklex(m): 6:35pm On Mar 30, 2021
R2bees:
Who did??
I did
Re: Crypto Currency Investors Thread by jedisco(m): 6:39pm On Mar 30, 2021
Lastly is one I've been getting in and out for a while...
WING...

it's formed 3 distinct patterns so far...

First (labelled 1) was an 'inverse head and shoulder. I played the breakout of this from 40-50...

The second move was to come back and retest the breakout region at 40 from where it bounced.... I didn't take this move

Now it seems to be pushing up...
I'm not planning on jumping in at these levels... I'd wait and see if it comes to retest 50.. I believe a retest of 50 could see it reach 100. On the other hand, it may keep running but I'm not prepared to chase

5 Likes

Re: Crypto Currency Investors Thread by Neverlosemoney: 6:44pm On Mar 30, 2021
PerfectMatchNG:
See as a Cryptovestor

* Factor in the cost of Data into your profit

* The cost of exchange fees before you arrive at your profit
Lol......the cost of data.....only if person dey trade below $10 naaaaaaaa otherwise it insignificant

4 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 6:45pm On Mar 30, 2021
StrafordSTONES:



I am seeing that boss and learning... All this while in observation mood, I was only picking up the basic Info, it's only when you become invested in terms of money that your full trading journey will begin. I made some emotional mistake of the weekend but I'm undaunted.


Please if I may ask, do you sometimes trade pnd/ instant pumping coins?

Welcome to the hood... You'd learn with time... Generally, a bull market isn't the best time to start trading..


Regarding pnd, Sometimes I do if I'm early.. but it's mainly for the fun and I use small amounts. By this, I don't mean groups promising to pump stuff... Thats equivalent to throwing your money away. I mean trading coins that are already parabolic.

For my major stuff, I prefer my trades to come to me

2 Likes

Re: Crypto Currency Investors Thread by Mizwalterz(f): 6:46pm On Mar 30, 2021
BrokerHaruna:
If you missed HOT, rush into WIN before it zooms off. Thank me later

please the holding should be how long?
Re: Crypto Currency Investors Thread by solidworks(m): 6:48pm On Mar 30, 2021
iLegendd:


That thing happens to you too? The moment you leave market in such trades, everything begins to go up, but when you jump back in, it starts crashing.

The solution I found to that is patience and using multiple exchanges. Set, forget, go get busy with life.

One of the first coins I bought in one of my accounts is VRA on consolidation at 0.014 and left at 0.0199. The moment I left, it went to 0.02 and up it goes.

Sometimes, a coin will go against your TA. I jumped back in at 0.26. In most cases, when I jump back in, there will be crash. Why? Crypto hates me when I jump anyhow, but loves me when I stay calm and hodl.

Finally, patience solved all my problems. Even when I'm losing money, I'm patient now.



Thanks, that is just the solution, and having this mindset we don,t have to catch all train.

1 Like

Re: Crypto Currency Investors Thread by solidworks(m): 6:56pm On Mar 30, 2021
Crazeworld:
How can I get busy abeg. Seems whenever I sell a coin, it booms embarassed
The moral of the story is that you should not look down on any coin, the down fall of coins is the end of it life wink. in general, trading is not about clicking buying order and selling order, be comfortable staying away from your keyboard if you do not see a good entry point. the money in cry.pto won't finish, people have been here for ages grin.

2 Likes

Re: Crypto Currency Investors Thread by Notyamate(f): 7:00pm On Mar 30, 2021
jedisco:
Lastly is one I've been getting in and out for a while...
WING...

it's formed 3 distinct patterns so far...

First (labelled 1) was an 'inverse head and shoulder. I played the breakout of this from 40-50...

The second move was to come back and retest the breakout region at 40 from where it bounced.... I didn't take this move

Now it seems to be pushing up...
I'm not planning on jumping in at these levels... I'd wait and see if it comes to retest 50.. I believe a retest of 50 could see it reach 100. On the other hand, it may keep running but I'm not prepared to chase

I've also been monitoring this coin since you mentioned it when the price was at 43. I wanted to hop in but still in doubt.

If it retest 50, I might just dive in, if not make e dey fly dey go grin.

Please check this coin out (CKB) seems like a good coin. I entered when it was 0.21.

1 Like

Re: Crypto Currency Investors Thread by Wealth7(m): 7:16pm On Mar 30, 2021
Bnb aiming for the moon lol

1 Like

Re: Crypto Currency Investors Thread by TCD: 7:42pm On Mar 30, 2021
Neverlosemoney:

If am to compare Ethe with something......I will say Ethe is a useless police officer, whose job is to tie down a specific car from moving while the driver behind the car, just seat and watch other cars going to peacefully to their destination grin grin

Hi I assume ETH is Etherum. Why are yiu avoiding it? Has been doing well so far since the turn of the year
Re: Crypto Currency Investors Thread by Tolu181: 7:52pm On Mar 30, 2021
Wealth7:
Bnb aiming for the moon lol
don't be surprise to wake up tomorrow and see it chilling at 252 dollars


That coin na jonzing

2 Likes

Re: Crypto Currency Investors Thread by IyaTola: 7:54pm On Mar 30, 2021
Tolu181:
don't be surprise to wake up tomorrow and see it chilling at 252 dollars


That coin na jonzing
Lol
Re: Crypto Currency Investors Thread by Neverlosemoney: 7:55pm On Mar 30, 2021
TCD:


Hi I assume ETH is Etherum. Why are yiu avoiding it? Has been doing well so far since the turn of the year
True, True, True.......unfortunately, the king of smart contract as overgrown itself.....it only a matter of time before it market cap start to creep in to coins with worthy potentials e.g it bitter rival B.N.B!!! We are at a historical moment here. We are about to see a great transfer of wealth.......watching a giant fighting for his last pride grin grin

1 Like

Re: Crypto Currency Investors Thread by Bunsenbun(m): 7:58pm On Mar 30, 2021
bizzibodi:

Whether U turn off to data or not..if U place an buy/sell order it will be executed.he can't b online all day.
yeah until the Market movement is too fast and his sell or buy order aint executed
Re: Crypto Currency Investors Thread by Ibime(m): 8:09pm On Mar 30, 2021
Una wey dey talk 2x, 3x, 5x like it's nothing, una dey try oh. I'm always happy with 20%, and 50% is fantastic for me. Best I've ever done is 3.5x last cycle and 2.4x in this cycle. Most of my trades are 10-20%, and I can hit 50% plus with unlisted coins.

1 Like 1 Share

Re: Crypto Currency Investors Thread by nittly(m): 8:14pm On Mar 30, 2021
iLegendd:
One tip I'll give newbies is: even if you don't use Twitter, Facebook, or Insta.gram, like me, make sure you follow pages of the top 5 exchanges like Binance, Coi.nbase, Kuc.oin, Gate, etc.

Why? They announce new coins they are about to list on their pages most times. Also, register on Gate "dot" io.

Why? The exchange is cooler than I thought and they have a feature that alerts you of any coin with an unusual movement. It could be a big fall and that is an opportunity for you to jump in.

Also, you can install a free app called Simple Crypto Scanner to help you gain access to a couple of exchanges and search for coins trending there or the ones with less or higher volatility. I use it as a spy tool.
Please which cry.p.to app exchange can I use to get most of the coins, because most coins listed on "gate oi" can't be find on bi.na.ce
Re: Crypto Currency Investors Thread by nihilistjnr: 8:15pm On Mar 30, 2021
This pamp is sweet.

50% up on my LTC position
Re: Crypto Currency Investors Thread by Neverlosemoney: 8:17pm On Mar 30, 2021
Tolu181:
don't be surprise to wake up tomorrow and see it chilling at 252 dollars


That coin na jonzing
Still, you never can go wrong, holding B.N.B cool

1 Like

Re: Crypto Currency Investors Thread by nihilistjnr: 8:18pm On Mar 30, 2021
Ibime:
Una wey dey talk 2x, 3x, 5x like it's nothing, una dey try oh. I'm always happy with 20%, and 50% is fantastic for me. Best I've ever done is 3.5x last cycle and 2.4x in this cycle. Most of my trades are 10-20%,and I can't hit 50% plus with unlisted coins.

Oboi the way dem dey talk am for here body go dey scratch me.

Make I just go get one better 3X, make I go hire personal trainer shift this my big belle abeg
Re: Crypto Currency Investors Thread by jedisco(m): 8:21pm On Mar 30, 2021
Notyamate:


I've also been monitoring this coin since you mentioned it when the price was at 43. I wanted to hop in but still in doubt.

If it retest 50, I might just dive in, if not make e dey fly dey go grin.

Please check this coin out (CKB) seems like a good coin. I entered when it was 0.21.

I tracked it during the dump and wanted to get in on the first daily reaction but opted for something else... Na market be dat

On the 12hrky chart, it seems to have been pumping and building some structure.

Looking back, it formed a good bullish divergence (blue arrows) which played out niecly. So far, it's been retesting breakout levels at 1 and 2 which have proven to be good entries.

With such micros, I rarely FOMO... I always aim to buy at support. So if I was to enter, I'd be looking at the region labelled 3 or a retest of the 21 ema like it did at 1... Of course, it can keep running, but my trading style is to buy them at support. There's something about coins breaking out around numbers 3-4... Most times, they aim to reach whole numbers...5, 10, ....

Betece is also approaching resistance and alot of alyts are approaching old resistance levels or just broke out... A minor pullback wouldn't surprise me and give support entries on most


On the weekly chart, it gets dicey... It's a new coin that has just been pumping all thru... The risks are there and I wouldn't be lunging too deep into a weekly chart that looks that way

2 Likes

Re: Crypto Currency Investors Thread by iLegendd(m): 8:22pm On Mar 30, 2021
nittly:
Please which cry.p.to app exchange can I use to get most of the coins, because most coins listed on "gate oi" can't be find on bi.na.ce

Unfortunately, none has all, but Bilaxy is fond of having a lot.

1 Like

Re: Crypto Currency Investors Thread by TCD: 8:26pm On Mar 30, 2021
Abeg guys please recommend coins for long term holding. Would you recommend putting significant amounts in BTC and ETH. Long term im talking up to 5 years.

Which other smaller coin would you recommend for long term?
Re: Crypto Currency Investors Thread by Crazeworld(m): 8:28pm On Mar 30, 2021
Notyamate:


From the chart, but mostly the volume. I've already been in it since 0.0076
So the more the volume rises, the higher it is for the coin to pump; and the lower the volume, the likelihood of it dumping?

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