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Crypto Currency Investors Thread - Investment (809) - Nairaland

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Re: Crypto Currency Investors Thread by essay007(m): 8:03pm On May 16, 2021
senatorken01:
How can i download trustwallet app on my samsung galaxy s4, its saying not compatible with my device. I have tried atomic wallet, kelver wallet and binance. All is saying not compatible with device. Abeg, which wallet i fit use to get shiba and safemoon. I need it asap
Your Android version is probably too old.

3 Likes

Re: Crypto Currency Investors Thread by Nobody: 8:05pm On May 16, 2021
Does anyone here know how to participate in presale? Do I just send BNB to the presale address on DXsale?
Re: Crypto Currency Investors Thread by jedisco(m): 8:07pm On May 16, 2021
Of late, there's been an increase in the number of posts offering free this and free that... Even though I know most are scams, I'm saying this cos there seem to be some new folks buying in...

The other day, someone was looking to buy an unlisted coyn as their first coyn in crypt0...... It's no doubt that such folks would likely lose it all...

People should understand that there's no free lunch...
Also, folks should understand that with unlisted coyns come huge volatility... If you've been unable to trade the 'slow moving' large caps profitably, chances are you'd get eaten up in that space if not careful...

Finally, can those offering numerous 'free tokens' please tone down on spamming this thread?...

21 Likes

Re: Crypto Currency Investors Thread by Ojemedad: 8:10pm On May 16, 2021
jedisco:


Lol... When the time to buy the lowest of the low comes, you'd be thanking God for not buying last week....

It's easy to quote those saying buy the blood and sell the greed when the market is green.... It's another thing to really buy the blood brother...

Omo, that means it will really get bloody
Re: Crypto Currency Investors Thread by Ibime(m): 8:12pm On May 16, 2021
jedisco:


My brother, this market no easy.... No free lunch...
But I tell myself, if I can't buy proper fear, then I shouldn't be buying proper greed..

On LTC, there's been so much buying at 300 without a proper bounce that I'm holding fire for now... Makes me think it'd dip to 250.... Same with link too (a dip to 35)... Also, I'm yet to see some proper capitulation on betece..

On betece, if I was buying it, I wouldn't be as bothered... I'd just place my bids at levels and go to bed.... Even if it sells off to 38k, in a matter of weeks, it'd be knocking on the doors of 46k again... on betece, I can blindly buy strong support... Na alyts dey give wahala

Thanks bros. I'm just averaging small thing incase it reverses whilst I'm otherwise engaged. I have split my capital 5 ways. 1/5th now and another 2/5th on low bids. I do think the Elon Tweet is fundamentally damaging and opens the door for regulators while closing the door for further institutional investment due to the CSR concerns raised (which we knew anyway). Elon was also the one who broke the $40k barrier with Tesla purchase. The Elon impetus can no longer be relied on. Anyway, watching in 3D.

2 Likes

Re: Crypto Currency Investors Thread by Neverlosemoney: 8:24pm On May 16, 2021
Ibime:


Thanks bros. I'm just averaging small thing incase it reverses whilst I'm otherwise engaged. I have split my capital 5 ways. 1/5th now and another 2/5th on low bids. I do think the Elon Tweet is fundamentally damaging and opens the door for regulators while closing the door for further institutional investment due to the CSR concerns raised (which we knew anyway). Elon was also the one who broke the $40k barrier with Tesla purchase. The Elon impetus can no longer be relied on. Anyway, watching in 3D.
Elon as done much damage to cryptō than good.....I am sure that guy must have sold all his holdings before now!!!! He just use poor btč to boost his struggling Tesla earnings.... A musket drop on Cryptō grin

8 Likes

Re: Crypto Currency Investors Thread by Ibime(m): 8:27pm On May 16, 2021
Neverlosemoney:

Elon as done much damage to cryptō than good.....I am sure that guy must have sold all his holdings before now!!!! He just use poor btč to boost his struggling Tesla earnings.... A musket drop on Cryptō grin

The guy fit done sell. We go see am for next quarter report. He go just talk say Tesla as a green company couldn't support such environmentally harmful investment. I am 50% sure of this

I trust Reddit boys sha. Dem go hammer Tesla stock.

17 Likes

Re: Crypto Currency Investors Thread by Ibime(m): 8:35pm On May 16, 2021
Neverlosemoney:

Elon as done much damage to cryptō than good.....I am sure that guy must have sold all his holdings before now!!!! He just use poor btč to boost his struggling Tesla earnings.... A musket drop on Cryptō grin

My brother, we better close the day above that 21 week ema of $46,300 if not it will likely be a long ride down. I bought something when we bounced off it and went to $47k, but we have broken it again. I will be setting stops overnight sha.

1 Like

Re: Crypto Currency Investors Thread by IyaTola: 8:38pm On May 16, 2021
Telsa is supposedly dumping their BTC.. That explains the current market situation.

Bitcoin about to hit 30k

10 Likes 1 Share

Re: Crypto Currency Investors Thread by nna777: 8:38pm On May 16, 2021
jedisco:


Finally, can those offering numerous 'free tokens' please tone down on spamming this thread?...

With the way Btc is behaving it's only a matter of time before the 'free tokeners' go into hibernation. Looks like winter is coming earlier than expected.

7 Likes

Re: Crypto Currency Investors Thread by Neverlosemoney: 8:41pm On May 16, 2021
Ibime:


My brother, we better close the day above that 21 week ema of $46,300 if not it will likely be a long ride down. I bought something when we bounced off it and went to $47k, but we have broken it again. I will be setting stops overnight sha.
If btć fail to hold $44,000 cry I just cannot imagine the next drop station grin.

1 Like

Re: Crypto Currency Investors Thread by Ibime(m): 8:43pm On May 16, 2021
IyaTola:
Telsa is supposedly dumping their BTC.. That explains the current market situation.

Bitcoin about to hit 30k

Where did you read that?

The selling volume on the hourly candle is major sha.

1 Like

Re: Crypto Currency Investors Thread by WudBMother: 8:50pm On May 16, 2021
Can anyone explain to me why when I choose to sell "max" , I still got some minute fraction of the coin left after the sale. Is it that one can not get it to zero?
Re: Crypto Currency Investors Thread by DumaEmpire(m): 8:53pm On May 16, 2021
Another Red don dey load
What's uo with BNB sef. I bought the dip and bought another dip and now my dip is getting dipper. Not lost any cash yet considering the profits i got from ADA nd abit of Xrp bt omo

1 Like

Re: Crypto Currency Investors Thread by bigx(m): 8:59pm On May 16, 2021
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Re: Crypto Currency Investors Thread by Nobody: 9:07pm On May 16, 2021
BABYharder:

You just made my day Sir embarassedA sir

I will do that Sir.
I appreciate your gesture and kindness
cool

11 Likes

Re: Crypto Currency Investors Thread by AbamOnyerubi: 9:08pm On May 16, 2021
Omo! The way things are going, What's the future of crypt0? lipsrsealed

2 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 9:10pm On May 16, 2021
Ibime:


Thanks bros. I'm just averaging small thing incase it reverses whilst I'm otherwise engaged. I have split my capital 5 ways. 1/5th now and another 2/5th on low bids. I do think the Elon Tweet is fundamentally damaging and opens the door for regulators while closing the door for further institutional investment due to the CSR concerns raised (which we knew anyway). Elon was also the one who broke the $40k barrier with Tesla purchase. The Elon impetus can no longer be relied on. Anyway, watching in 3D.

On buying, you must not buy everything today, it's always good to have cash just in case or stacked low bids on majors

On Elon, one cannot deny the effect of Elon's tweets right now but seriously, I think it hastens what's already in place... Right now, it's difficult to agree with..

Lemme give examples...
Every proper betece dip comes with a narrative... It's the narrative that makes folks irrationally sell causing a capitulation. It's that same irrational selling that whales use to fill their bags.. That's why when folks say I wish bitc0in will dip to --- so I buy, I just smile cos they've not experienced the fear surrounding such dips

The last brutal betece dip from 12k to 10k, the narrative was that bitfinex ceo was arrested and the exchange partly hacked... Of course, fear was plapable... Looking back, we see how it went...

Same also, with the selloff to 4k last year.... Very very few bought in... Most thought the market was done

Recently, when it was announced that Tesla sold some part of their holdings, that happened when betece was at 52k... It didn't stop a rally to 60k and subsequent rejection.....

Also, Tesla was done buying bitc0in before they made the announcement... It was after the announcement that the coyn rallied past 40k... Personally, I'd say the buying that caused the breakout occured around the bottom of the initial selloff at 28-30k.....

Regarding betece currently, there's a daily cluster around 43k, there's chance price goes for it...
Most times, when betece starts selling off slowly like this, I start getting skeptical...same with when it starts toying around resistance.... I've come to see that when betece is ready to break a resistance/support, it goes for it and doesn't toy around.

I have some low bids on the leveraged tokens of certain coyns, just hoping they fill up overnight

5 Likes 2 Shares

Re: Crypto Currency Investors Thread by Neverlosemoney: 9:11pm On May 16, 2021
Ibime:


The guy fit done sell. We go see am for next quarter report. He go just talk say Tesla as a green company couldn't support such environmentally harmful investment. I am 50% sure of this

I trust Reddit boys sha. Dem go hammer Tesla stock.

I am sure the guy must have offload am tey tey, I mean how could he be asking people to vote on Twitter, for the new cōin; Tesla should adopt as their new payment method for their product, between Doge and any other cryptō not running on the PoW mechanism, how would a sane investor with a big profile who as invested in BTĆ (the chief of PoW) with his company’s Equity say that Elon na scammer, he as always been guilty of trying to manipulate Tesla price on social media using his influence before the SEC restrict his activity on Twitter. Sadly, he can do as he likes in crypto space as there is no regulation grin

3 Likes 1 Share

Re: Crypto Currency Investors Thread by jedisco(m): 9:12pm On May 16, 2021
nna777:


With the way Betec is behaving it's only a matter of time before the 'free tokeners' go into hibernation. Looks like winter is coming earlier than expected.

Lol... Sometimes, such posts make me wish the bullrun is over mk all man settle down

2 Likes

Re: Crypto Currency Investors Thread by essay007(m): 9:13pm On May 16, 2021
Ibime:


The guy fit done sell. We go see am for next quarter report. He go just talk say Tesla as a green company couldn't support such environmentally harmful investment. I am 50% sure of this

I trust Reddit boys sha. Dem go hammer Tesla stock.
I normally don care about Elon Musk, but that was some complete bs coming from him considering his own "green" TESLA car uses enormous non renewable energy to charge the car battery
And don't even get me started on his spaceX project.
He knows what he did. And it was deliberate. You can't tell me he wasn't aware the amount of energy btc mining consumes before investing. He did what he did for a reason, the rich feck.

4 Likes

Re: Crypto Currency Investors Thread by Nobody: 9:17pm On May 16, 2021
Sysdatek:

cool
I'm the happiest man Alive tonight grin
Received Sir.
Just know you've solved all my academic problem In one night.
God bless you very much cry

7 Likes

Re: Crypto Currency Investors Thread by damiloladuke: 9:20pm On May 16, 2021
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Connect with me on WhatsApp https://vars.us/4s3x5 or 08038606260 to buy

Re: Crypto Currency Investors Thread by jedisco(m): 9:21pm On May 16, 2021
WTF is this

Reason why I keep off new and popular coyns until the hype has died down....then I evaluate how many trapped folks are looking to escape

2 Likes

Re: Crypto Currency Investors Thread by essay007(m): 9:22pm On May 16, 2021
Most Alts are dipping against $BUSD, WTF.
Re: Crypto Currency Investors Thread by Ibime(m): 9:24pm On May 16, 2021
jedisco:


On buying, you must not buy everything today, it's always good to have cash just in case

On Elon, one cannot deny the effect of Elon's tweets right now but seriously, I think it hastens what's already in place... Right now, it's difficult to agree with..

Lemme give examples...
Every proper betece dip comes with a narrative... It's the narrative that makes folks irrationally sell causing a capitulation... That's why when folks say I wish bitc0in will dip to --- so I buy, I just smile cos they've not experienced the fear surrounding such dips

The last brutal betece dip from 12k to 10k, the narrative was that bitfinex ceo was arrested and the exchange partly hacked... Of course, fear was plapable... Looking back, we see how it went...

Same also, with the selloff to 4k last year.... Very very few bought in... Most thought the market was done

Recently, when it was announced that Tesla sold some part of their holdings, that happened when betece was at 52k... It didn't stop a rally to 60k and subsequent rejection.....

Also, Tesla was done buying bitc0in before they made the announcement... It was after the announcement that the coyn rallied past 40k... Personally, I'd say the buying that caused the breakout occured around the bottom of the initial selloff at 28-30k.....

Regarding betece currently, there's a daily cluster around 43k, there's chance price goes for it...
Most times, when betece starts selling off slowly like this, I start getting skeptical...same with when it starts toying around resistance.... I've come to see that when betece is ready to break a resistance/support, it goes for it and doesn't toy around.

I have some low bids on the leveraged tokens of certain coyns, just hoping they fill up overnight

Remember the story of Icarus who flew and flew higher and higher till he reached the sun and his wings melted? Collapse always comes at the height of achievement. There is always fud that can be overcome eg 5% of Ethereum got hacked and stolen in 2017 causing the hard fork, yet the market pressed on after 3 months cool off.

But a big fud that causes major institutional players to stop offering BeeTee as an investment will be the one to end it. That could be via regulation, a major hack or slow spreading of fear as price goes down eg if selloffs continue from Elons tweet. Put yourself in the shoes of an Investment bank desk knowing this thing only goes up when new entrants buy, and knowing that Elons fud will deter new institutional entrants with enough money to move the market. That investment desk may already be 50% up on their investment which is already unbelievable returns for them and now may be the time to take profits. Those guys no dey look face.

In essence, we should play this with caution. The more price keeps going down, the more likely a bearish scenario starts to become.

In my view, the next bull cycle may not be led by BeeTee. I always think that when Institutions pump something and ruin it, it never comes back. 2011 cycle was led by Devs and miners, 2014 by devs and retail, 2017 by retail. This is the first bull cycle to be led by Institutions and it may be the last. If we enter a long bear, don't be surprised to see a Defi solution as the one to lead the next bull market, and BeeTee relevance begin to fade.

8 Likes 1 Share

Re: Crypto Currency Investors Thread by Ibime(m): 9:29pm On May 16, 2021
Neverlosemoney:


I am sure the guy must have offload am tey tey, I mean how could he be asking people to vote on Twitter, for the new cōin; Tesla should adopt as their new payment method for their product, between Doge and any other cryptō not running on the PoW mechanism, how would a sane investor with a big profile who as invested in BTĆ (the chief of PoW) with his company’s Equity say that Elon na scammer, he as always been guilty of trying to manipulate Tesla price on social media using his influence before the SEC restrict his activity on Twitter. Sadly, he can do as he likes in crypto space as there is no regulation grin

I never even check him Twitter today. The fact say he dey do this questionnaire, e be like say the guy done dump
Re: Crypto Currency Investors Thread by DigitalMallam: 9:32pm On May 16, 2021
I waited this long before giving crypto a trial, and it didn't pay me in the end. I tested with profit from other investment so my loss isn't major, but I am hearing news some folks might just commit suicide before daybreak tomorrow. I've always been skeptical about the whole digital coin, there's really no fundamental behind it, no regulations. A mere tweet from moneybags or celebrity can swing the price

8 Likes

Re: Crypto Currency Investors Thread by SenecaTheYonger: 9:36pm On May 16, 2021
New money gon come in towards month ending. Elon’s FUD is nothing compared to what crypto had passed through in 2017.

Buy dip. Hodl. The world doesn’t revolve around Tesla.

11 Likes 1 Share

Re: Crypto Currency Investors Thread by jedisco(m): 9:38pm On May 16, 2021
jedisco:



My decision to take profits off Ada and xlm wasn't a bad one....

I will be bidding their 4hr support...

Talking about the 4hr 21 ema support, most majors use this support as a bounce off region when they begin an uptrend. I use that to know when to sell and time re-ntries to compound profits and guage when the rally has began to show weakness..

The first chart is the 4hr chart of eith which I shared a while back. After clearing 2k a while back (blue price line) and beginning an uptrend, It kept bouncing off the support until it toped out and lost that support... Safe to say it'd consolidate for a while now. It's also worth noting that throughout this time when eith doubled, Bitc0in looked shaky...

2nd chart is on ada (not as clean cos the rally has just began).. It's taken the 1.5 resistance level and flipped it.. I'd start averaging some profits back in around the 4hr 21 ema support which is around 2-2.1 dolls currently (hopefully a wick to 1.cool...... Similar scenario with xlm... Also, these ema supports are not static...

Obviously, I would be keeping an eye on what betece is doing, but wouldn't be too perturbed except betece starts selling off properly...

Got there...no problems...

Some bids still sitting in the support cluster beneath...

2 Likes

Re: Crypto Currency Investors Thread by Highlyfavoured3: 9:44pm On May 16, 2021
Kindly help with this question, thank you.
Highlyfavoured3:
Hello house, if I trade Ada/eth, when do I make more profit? Is it when Ada goes up and eth goes up OR when Ada goes up and eth goes down?
Re: Crypto Currency Investors Thread by Ojemedad: 9:51pm On May 16, 2021
grin grin

2 Likes

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