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Crypto Currency Investors Thread - Investment (439) - Nairaland

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Re: Crypto Currency Investors Thread by Swagjoe(m): 9:17am On Apr 01, 2021
Boss good morning sir

please what coin can you advise me to buy with 5k, will just buy and keep it till the ending of the year

will be looking forward to your reply

[/quote]
Re: Crypto Currency Investors Thread by Uniqueaccountant(m): 9:21am On Apr 01, 2021
Buy HOT
Swagjoe:
Boss good morning sir

please what coin can you advise me to buy with 5k, will just buy and keep it till the ending of the year

will be looking forward to your reply

1 Like

Re: Crypto Currency Investors Thread by solreb: 9:24am On Apr 01, 2021
Swagjoe:
Good day all I'm a new member here
please I want to ask a question

which coin can you advise me to buy with 5k i can wait till ending of the year in order for it to skyrocket
Buy HOT or WIN or NPSX

2 Likes

Re: Crypto Currency Investors Thread by sweetveek(m): 9:26am On Apr 01, 2021
remi1444:
Can you explain this with a a possible example please.
alrighty

in this pics below, 1 means resistance price and 2 means breakout price where you should buy..

it might not always work,thats why you need money management too,but it helps most times..for any coin to breakout of resistance,that force alone will likely make it pump especially co.in just coming out from a dip or accumulation..thats why i always go for coin that pumped 100% in 24hrs in the last pump/breakout

5 Likes 2 Shares

Re: Crypto Currency Investors Thread by solreb: 9:29am On Apr 01, 2021
haryodehjia:
Another koin am looking out for is $BAKE
BAKE is good. I have been in jt since Feb 3rd @ 0.127. I have offloaed at 2.14 before and still have my target at 2 plus for the bags I am carrying.

1 Like

Re: Crypto Currency Investors Thread by sweetveek(m): 9:32am On Apr 01, 2021
another example..

pls and pls, this is just an assumption oh, Don't use all your portfolio to buy a breakout oh,i nor send you message oh wink

Re: Crypto Currency Investors Thread by iLegendd(m): 9:47am On Apr 01, 2021
I like what EllioTrade said.

7 Likes

Re: Crypto Currency Investors Thread by Tina001(f): 9:55am On Apr 01, 2021
GoodBoi1:
Just checked out some $FREE coins I bought some weeks ago and I saw it had done x3. Some of this low price coin give big easy profit, I wonder how I missed deflationary coin safemoon, I tried to buy that coin severally but pancakeswap was giving error only to later see that it had done x1000 or even more in weeks. Another low price deflationary coin I have my eyes on is $TRDG

Where can one get all these??
Re: Crypto Currency Investors Thread by solreb: 10:01am On Apr 01, 2021
Codebite:
While others are making money trading crypto the reverse is my case. I entered crypto in February with 250,000 right now I just converted my money to naira and it dawned on me that I'm left with 87,000naira.

Today I'll make profit then tomorrow I'll lose twice that amount to other coins.

Right now I feel like the unluckiest person in the world. How do you guys know when to enter a trade?? I usually enter when it dips but after that it dips further and the system resets the PNL percentage. Take for example now my last two trades klv and ksm are doing magically bad after I got in


I entered KLV when it was at 0.12 due to the authenticity of the project and all the social media traction two weeks ago, As at when I entered it wasn't in the green yet. Then it mooned to 0.16. I set a stop limit at 0.2 but right now Its at 0.08 cry (In the past I would have sold it off and continued to trade with what's left on other coins). So right now I've lost over 30% of what I invested in it. I bought 67,000 worth of klv and right now it's down to 46k as at when I checked last.


Also I have KSM I bought four days ago, when it was in the red at 504usd but right now it has dipped to 460usd.

This has been my problem everytime I enter any coin even though everyone is talking about how it's about to moon and do well as soon as I enter it begins to dip massively, I am always stuck with the coin and quickly before it's too late i usually get out.

I was with ONT for weeks when Openheavens called the coin couple of weeks back, the coin refused to grow so I lost patience and sold it, only for it to moon the following week.
Same thing happened with bnb I've been carrying my bnb coin I bought at 280 and 300 respectively I sold everything at 250 to get into klv. The klv that looked promising is dipping while the bnb I sold to get the klv is about to divide my portfolio and many more shit have happened in between. The bottomline is that I don't chase greens but the few ones I invest in usually dips forcing me to hodl and that's not my aim, I want to day trade or week trade like everyone else here.



I never get it right in crypto trading. I'm always making the wrong calls.
My brother you behave like so many of us. My advice is 1. Wait for coins that have pumped to form structure on charts so thst you can go in at appropriate time. There are 1000s of coins. If uou miss a run wait for another. The objective of a trade is to win and not to follow bandwagon.

2. Patience is key. The only time I have lost money has been on ALICE, ADA, XRP and XLM. I sold them to biy coins I have traded a no of times whcih got to their support levels. By the time the market rallied? I got my money back. Thises coins were BNB, AAVE, XVS, PEarL and OGN.

3. Also in this trade cash is king. And timing is important. I always tell myself I don't have to trade everyday.

4. No one knows tomorrow so dont set an realistic target for yourself.

5. Set your own trade strategy. Mine is to make at least 20% per trade. Be patient and not day trade. Niw there is jothing wrong in window dressing. ADA has been slow. He has given me only about 5%. DOGE has been ranhe trading. I only gained only 8%. So I sold some of them and moved them into KSM @468. STORj, LINA and NPSX.

4 Likes 1 Share

Re: Crypto Currency Investors Thread by Zobah: 10:01am On Apr 01, 2021
- You lack practice, not talent

- You lack priorities, not time.

Pick any skill and prioritize 1 hour practice time.
In a year you’ll become “talented”...
Happy New month

5 Likes

Re: Crypto Currency Investors Thread by nihilistjnr: 10:01am On Apr 01, 2021
Ibime:
.

I've noticed this as well. Volume on CBpro has been pathetic for a long time.

I remember how las month one Chinese company randomly announced that they had about $22m of eith on their balance sheet, then this week Visa very randomly announced that they will be settling transactions on eith Blockchain.

I suspect that the price of eith might have been artificially suppressed for a long time to allow these institutions to accumulate and position themselves well.

Look at optimism announcement as well. Go live was supposed to be this month but they had to delay due to implied pressure from defi partners

This eith thing could do a madness from summer and beyond, especially if entities continue to hoard their tokens. Even me sef don arrange hardware wallet in case eith does a Beetc and becomes digital gold.

4 Likes

Re: Crypto Currency Investors Thread by Notyamate(f): 10:07am On Apr 01, 2021
Upon all the hype about listing of Omi on Uni.swap, the coin no even rise undecided
Re: Crypto Currency Investors Thread by haryodehjia(m): 10:11am On Apr 01, 2021
Notyamate:
Upon all the hype about listing of Omi on Uni.swap, the coin no even rise undecided
D dumping was massive. Some people no dey learn

2 Likes

Re: Crypto Currency Investors Thread by solreb: 10:12am On Apr 01, 2021
Codebite:


Bros I get sha,

Imagine I held on to bnb for weeks cos I got in at 280 and 300 I held on, and it kept moving from 200-250 and guys where trading on a daily with this 200-250 range I was stuck and just watching it rise and fall repeatedly.
And when I eventually sold it to enter a better project(klv) bnb started to rise while klv is dipping hard trying to discover oil

What you could have done with BNB is tio trade the range too if you have time or you hold out. I picked some BNB above 300 or so too. But i have range traded it a couple of times between 230 and 300. So I am in profit on BNB even though I still have a bag at 300 plus. The same applies to AAVE I have some bag at above 500. But I have range traded AAVE beween 330 and 400 a number of times while still carrying the 500 plus bag.

2 Likes

Re: Crypto Currency Investors Thread by akpos4uall(m): 10:14am On Apr 01, 2021
Codebite:


Bros I get sha,

Imagine I held on to bnb for weeks cos I got in at 280 and 300 I held on, and it kept moving from 200-250 and guys where trading on a daily with this 200-250 range I was stuck and just watching it rise and fall repeatedly.
And when I eventually sold it to enter a better project(klv) bnb started to rise while klv is dipping hard trying to discover oil

When buying, don't buy at once. Also when selling, be it profit or loss, do it in parts. For example, when you bought BNB, you could have bought 20% at 300, 25% at 280, 30% at 260 and 35% at 250. With this approach, if the market does not go as expected, you'll average in on your entry point and your loss will be minimal.

5 Likes 1 Share

Re: Crypto Currency Investors Thread by solreb: 10:19am On Apr 01, 2021
solidworks:

Sir, would you have be happier if others are losing too, this 200k you are afraid of investing is what someone gained, but do you know what they have stacked to get it. you see people making $250 gain in 6 hours, be comfortable taking your $20 profit, don't buy a coin that is 0.0004 and expect it to be $1 in few weeks. everyone you see do lose but you won't hear that part. correct your mistake and go again.

You are right. I havr bern in PROM since 23 in FEB. I have tried to average down 3 times the last being @ 12 but the coin has been playing between 10 and 11. I have been stuck in it with heavy bags. I will offload only when I know I am moveingthe fund to a coin I have traded and went back to the lowest point. For instance if FIL goes back to 80 or KSM to 250.

2 Likes

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Re: Crypto Currency Investors Thread by Ibime(m): 10:33am On Apr 01, 2021
nihilistjnr:


I've noticed this as well. Volume on CBpro has been pathetic for a long time.

I remember how las month one Chinese company randomly announced that they had about $22m of eith on their balance sheet, then this week Visa very randomly announced that they will be settling transactions on eith Blockchain.

I suspect that the price of eith might have been artificially suppressed for a long time to allow these institutions to accumulate and position themselves well.

Look at optimism announcement as well. Go live was supposed to be this month but they had to delay due to implied pressure from defi partners

This eith thing could do a madness from summer and beyond, especially if entities continue to hoard their tokens. Even me sef don arrange hardware wallet in case eith does a Beetc and becomes digital gold.

lol. No reason am.too far sha. Eithy has an unlimited supply technically. There is no reason to put it in cold storage if it lacks long term scarcity. Cold storage is for bear market phase. Some technologies become redundant over time and even though Eithy has first mover advantage, likes of ADA could become the most viable technology in 3 to 5 years and Eithy will just become the linux of it's time

2 Likes

Re: Crypto Currency Investors Thread by iLegendd(m): 11:01am On Apr 01, 2021
There are lots of things I haven't said and I'll say some of them with time.

One of them is: being on time.

Google and a few other sites have a web scrawler that searches the web for new info every single seconds. They call it mentions.

If you're into a trade and in that trade you have keywords, yet you're not using mention, you're missing a lot.

At times, I don't visit Nairaland, but when I get mentioned, Google let's me know.

Gather all the keywords in your business and put them as mention. Whenever such words get mentioned anywhere around web, you get notified. This way, you know what's going on before most and you'll be on time with latest blog posts or news by people around the world.

I have used it to catch people reposting my content on their blogs, people trying to sell my books behind my back, etc.

In crypto, I use it to get alert on new airdrop, launch, etc. So, I'm always on time — except I choose not to.

So, create some notifications and always scan through them — it doesn't take time.

19 Likes 3 Shares

Re: Crypto Currency Investors Thread by iLegendd(m): 11:01am On Apr 01, 2021
Come up with yours and add them.

7 Likes

Re: Crypto Currency Investors Thread by Tamel(m): 11:12am On Apr 01, 2021
Avast:


Thanks boss, I just learnt something today.


FET teaches patience. If you don't have patience to watch your money going down down, please don't do FET.

When the coin pumped yesterday I was like, mehn I dan arrive. In the next few minutes the coin began to go deep.
Thank God I took profit at top and re-enter at dip again.

I don comot hand for that coin. It's like some people are toying with it or something
I entered at 0.52, I was hoping to offload all at $1

1 Like

Re: Crypto Currency Investors Thread by Nobody: 11:26am On Apr 01, 2021
Boses in the house oooo...my drep just disappeared from my wallet ooo and I have money in it...what's the problem
Re: Crypto Currency Investors Thread by Uniqueaccountant(m): 11:33am On Apr 01, 2021
Same here o...I can't see my balance again
Re: Crypto Currency Investors Thread by Nobody: 11:35am On Apr 01, 2021
Abeg make una yarn me oooo.. before I run mad ooo
Re: Crypto Currency Investors Thread by iLegendd(m): 11:38am On Apr 01, 2021
Just an expo, not a financial advice. Ureeqa will soon explode. 99% of the people in crypto have no clue yet. I have already multiplied my money severally and we haven't even started.

The reason I have more than 30 exchanges is for things like this.

Bitboy Crypto talked about it on his YouTube channel yesterday — he has the largest Crypto channel on YouTube, so wherever he talks about explodes. It was one of the coins I found in my research and when he talks about it, I finally jumped in and I'm already in smiles.

As I said, I'm not recommending, but only giving you an expo. Early bird catches the worm.

9 Likes 2 Shares

Re: Crypto Currency Investors Thread by Walkee: 11:40am On Apr 01, 2021
I bought Drep few days ago, I log in this morning I can't even find a single trace in my BTC wallet. The price didn't crash I have no idea what happened just can't find it anywhere
Re: Crypto Currency Investors Thread by Nobody: 11:41am On Apr 01, 2021
Walkee:
I bought Drep few days ago, I log in this morning I can't even find a single trace in my BTC wallet. The price didn't crash I have no idea what lphappened just can't find it anywhere

Same thing am facing ooo
Re: Crypto Currency Investors Thread by Walkee: 11:44am On Apr 01, 2021
FASTCHOW:


Same thing am facing ooo
do you have any idea how to go about it?
Re: Crypto Currency Investors Thread by Nobody: 11:44am On Apr 01, 2021
Is our money gone... bosses in the house ooo
Re: Crypto Currency Investors Thread by Walkee: 11:48am On Apr 01, 2021
FASTCHOW:


Same thing am facing ooo
I just checked on Twitter it will be back tomorrow I guess they are replacing it with a new one

2 Likes

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