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Crypto Currency Investors Thread - Investment (697) - Nairaland

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Re: Crypto Currency Investors Thread by fergieboy: 8:55am On May 05, 2021
onyijess:
Please how do I buy dogecoin on Binance platform? Can't seem to find it listed under p2p trading
Buy usdt
Convert and buy
Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 9:03am On May 05, 2021
Just Incase any noob is too excited n trying to fomo into doge coin at this point, mcap is currently $87billion n recent push is in anticipation of Elon speaking about Doge on SNL,. Also note that 50% of Doge supply is owned by the first top 20 addresses. Meaning they can decide to do whatever they want once they are ok with the profit. Gladly accept that u missed Doge move n look unto more opportunities ahead.

Too many noobs banging my DM about buying doge.

Who knows, they can push it to even $1 but personally I'll look into other opportunities. I own $0 of dogecoin

20 Likes

Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 9:03am On May 05, 2021
wink
fatymore:



Check twitter. Biyi Tudors something...

He posted like 50 or more
Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 9:05am On May 05, 2021
Having Bitcoin or Ethereum as a newbie isn't bad, but there are quite a lot of other coins that could give you a faster growth.

Eg Buying Bitcoin with 300k at a price of $54k now means it has to get to $108k before you get X2 of 300k.

I'll explain further.

And when these coins get to $2, that's 100% growth and an easy X2 of your 300k equity if you had bought them.

So why wait long term for #BTC or $ETH to go X2 when you can grow your equity with other solid and less expensive coins?

Don't forget that what actually grows your

account is not the price of the Cryptocurrency but rather the percentage increase.

Let me explain.

#BTC was $30k at the beginning of the year, and #BNB was $40 then.

Now $BTC is $54k and #BNB is $628.

Which do you think has increased more in terms of price? $BTC right?. But which do you think has seen much more growth?.

Definitely #BNB because while $54k (current price) - $30k (Beginning of year's price) = $24k.
And $24k ÷ $30k multiplied by 100 is only 80%.

That is #BTC has only grown 80% from the beginning of the year to it's present price

so if you invested 100k into #BTC at the beginning of the year you'd have 100k X 80% profit which is 180k in total.

Now let's calculate for #BNB.

#BNB at the beginning of the year was $40 right? And it's current price is $628.

Now $628 - $40 = $588.

$588÷$40 X 100% = 1,470%.

You can see this shows #BNB has had a much more exponential growth compared to #BTC despite having a cheaper price compared to #BTC.

Now if you bought #BNB worth 100k at the beginning of the year, calculating it now it would be 100k X 2 X 1,470 = #1,570,000.

So which gave you more growth? The one with a better price growth, or the one with a better percentage growth?

Now you have your answer.

Like I said above, holding Bitcoin or ETH currently isn't bad, but for me I'd rather prefer growing my equity faster through other Cryptos

and then buy Bitcoin or Ethereum with it later when I have a bigger equity rather than holding them currently when I don't have an equity suitable for that. I currently think holding Bitcoin and Ethereum now should be for the institutions, whales and maybe dolphins who have huge

equities and not for the average trader (unless you want to hold them long term of course, because they're solid coins).

This is not a Financial advice though, just my opinion and I hope you understand my reason for it.

Bitcoin isn't banned, only the banks are banned from transacting it.

You can use P2P to buy.

28 Likes 4 Shares

Re: Crypto Currency Investors Thread by Daviator(m): 9:07am On May 05, 2021
I came to look

1 Like

Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 9:11am On May 05, 2021
Almost every $DOGE hodler is being careful for a heavy dump. No one wants to be the scape goat. It’ll hit $1 if not today, then by SNL and we’ll see a dump #dogecoin #Dogecoinarmy
TheSTreetman:



Doge has now turned USDT IN every correction.

1 Like

Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 9:13am On May 05, 2021
If you FOMO into DOGE right now please set a very tight trailing SL.

8 Likes

Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 9:15am On May 05, 2021
#TFUEL Doing Well & Price HIT @774 SATs With 30% Safe Profit..
Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 9:25am On May 05, 2021
$AOT & $SAFEDEER - started strong but now have ended up in the dustbin of Bscscan
Re: Crypto Currency Investors Thread by kodred(m): 9:26am On May 05, 2021
onyijess:
Please how do I buy dogecoin on Binance platform? Can't seem to find it listed under p2p trading

Transfer to your spot wallet from p2p. Then search the coin and buy.

Note, you must convert to usdt of busd of any other pair for the coin in order to buy.
Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 9:36am On May 05, 2021
Legal Bizarro World. The SEC argues in its opposition to XRP Holder's Motion to Intervene that "(XRP Holder's) Alleged Interests, If Any, are Adequately Represented by (Ripple)." Isn't it the SEC's mandate to represent the purchasers of XRP? That's what its website says. And since there is a class action by XRP purchasers who feel cheated by Ripple (as the SEC likes to remind the Court every filing), then what is the need for the SEC's lawsuit? Those who feel cheated can join the class action and those who don't can move on and enjoy life. Done.

1 Like

Re: Crypto Currency Investors Thread by DieRich5: 9:40am On May 05, 2021
LauraClasikVibe:
Just Incase any noob is too excited n trying to fomo into doge coin at this point, mcap is currently $87billion n recent push is in anticipation of Elon speaking about Doge on SNL,. Also note that 50% of Doge supply is owned by the first top 20 addresses. Meaning they can decide to do whatever they want once they are ok with the profit. Gladly accept that u missed Doge move n look unto more opportunities ahead.

Too many noobs banging my DM about buying doge.

Who knows, they can push it to even $1 but personally I'll look into other opportunities. I own $0 of dogecoin
me too, I don miss already nd I don move on
opportunities no Dy finish 4 crypto nd dats d blessings of it

3 Likes

Re: Crypto Currency Investors Thread by Notyamate(f): 9:42am On May 05, 2021
greenalwaz:
@ Notyamate, please on ur last post u talked about checking d TG of any shitcoin someone wants to buy ,to ensure they are very active... can kindly expanciate on wat u mean by being active? thanks

Active in the sense that the group is interactive, when members ask questions it doesn't take time to get answers, admin/mods are active.

One more thing, careful when the group is locked that is, when members are not allowed to comment.
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 9:42am On May 05, 2021
Elon Musk is a phenomenon!

1 Like

Re: Crypto Currency Investors Thread by Notyamate(f): 9:46am On May 05, 2021
Doge has been fantastic this week, sold some off earlier today.

Make betece behaves so that Bnb can move, I've got bags of Bnb embarassed

2 Likes

Re: Crypto Currency Investors Thread by meshzhi(m): 9:46am On May 05, 2021
OpenHeaven2019:
Elon Musk is a phenomenon!
You can say that again...chai
Re: Crypto Currency Investors Thread by tolajay: 9:47am On May 05, 2021
.
Re: Crypto Currency Investors Thread by tolajay: 9:48am On May 05, 2021
Does anyone have a paid Token Metrics account?

If yes, I'm willing to share the payment to access it for some time.

Thanks
Re: Crypto Currency Investors Thread by LeviAckerman: 9:48am On May 05, 2021
OpenHeaven2019:
If you FOMO into DOGE right now please set a very tight trailing SL.
Hi how do I do this please?
Re: Crypto Currency Investors Thread by tolajay: 9:50am On May 05, 2021
This will guide you amongst other things.

https://www.nairaland.com/6504311/crypto-total-beginners-guide-how

LeviAckerman:

Hi how do I do this please?

2 Likes

Re: Crypto Currency Investors Thread by sats: 9:54am On May 05, 2021
tolajay:
Does anyone have a paid Token Metrics account?

If yes, I'm willing to share the payment to access it for some time.

Thanks

Do you need it?

I saw token metrics selected BOLT coin last week on youtube
I bought BOLT coin 3 months ago based on my research
Re: Crypto Currency Investors Thread by sats: 9:56am On May 05, 2021
A coin will be low
You will not buy

A coin will do -30%
You will not buy

The coin will do 100%
That is when you want to buy

No be so

14 Likes

Re: Crypto Currency Investors Thread by SenecaTheYonger: 10:01am On May 05, 2021
sats:
A coin will be low
You will not buy

A coin will do -30%
You will not buy

The coin will do 100%
That is when you want to buy

No be so

cheesy grin grin grin
Re: Crypto Currency Investors Thread by Macktaob(m): 10:01am On May 05, 2021
Everyone got their voices now cheesy
#Dogearmy tongue

3 Likes

Re: Crypto Currency Investors Thread by SenecaTheYonger: 10:03am On May 05, 2021
There’s been a lot of USDT FUD lately. Getting a bit scared.

What is USDT backed by? Like if they mint $2 billion worth of USDT, does it mean they have $2 billion fiat in reserve?

If not, what’s to stop them from minting trillions, since it’s basically backed by nothing.

1 Like

Re: Crypto Currency Investors Thread by DieRich5: 10:14am On May 05, 2021
na Dem Dy boom doge
alots of rich niggas don buy doge Dy wait for $1 Dem dump

4 Likes

Re: Crypto Currency Investors Thread by Tolu181: 10:25am On May 05, 2021
LauraClasikVibe:
$AOT & $SAFEDEER - started strong but now have ended up in the dustbin of Bscscan
all these moon tokens and safe tokens will rise again

They are just accumulating some energy



hold on it tight

1 Like

Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 10:26am On May 05, 2021
grin You are a GHANA MUST GO BAG HOLDER
Tolu181:
all these moon tokens and safe tokens will rise again

They are just accumulating some energy



hold on it tight

1 Like

Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 10:27am On May 05, 2021
grin grin grin grin
sats:
A coin will be low
You will not buy

A coin will do -30%
You will not buy

The coin will do 100%
That is when you want to buy

No be so
Re: Crypto Currency Investors Thread by Tolu181: 10:29am On May 05, 2021
LauraClasikVibe:
grin You are a GHANA MUST GO BAG HOLDER
lol
Not really

I have 108 dollars in there, still big tho..

2 Likes

Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 10:40am On May 05, 2021
OpenHeaven2019:


Lemme tell you how much I believe in TRB.

I bought at this entry ($37) but I believe this coin so much that I just doubled my bag at $42, if he bleed to $36 I nor send. I dey hold till $150

Why I am saying this? Perfect entry was $37. If you want to enter late like me don’t start panicking when it dips to $36 but irrespective of any dip TRB would see $150 in the short term.

Who remembers my TRB call.

I called it at $37, told you TP was $150.

Look at it today.

One day soon I go also come and say, who remembers my $LUA call.

Leave bag that are pumping, look for the one yet to pump and position yourself.

21 Likes

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