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Crypto Currency Investors Thread - Investment (838) - Nairaland

Nairaland ForumNairaland GeneralInvestmentCrypto Currency Investors Thread (5786709 Views)

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Re: Crypto Currency Investors Thread by lecowas: 4:54am On May 20, 2021
CallmeAnon:
I bought 6 DOTup this morning at 100$ each, now it's at $23 each, haven't been heartbroken like this for a while.
So sorry bro, it’s bad but funny. I have also lost more than #1m since yesterday. I should have lost more than #2m . Thank God Binance didn’t allow me to convert at the time I wanted to. Anyways life goes on. We move
Re: Crypto Currency Investors Thread by seanwilliam(m): 5:15am On May 20, 2021
gone were the days whereby 1 dollar can turn u into a millionaire by hodling crypto. but now wey everyone dey do crypto , i doubt if that could happen anymore.....
Re: Crypto Currency Investors Thread by lecowas: 5:24am On May 20, 2021
seanwilliam:
gone were the days whereby 1 dollar can turn u into a millionaire by hodling crypto. but now wey everyone dey do crypto , i doubt if that could happen anymore.....
Not really however it is more difficult now … sh*tcoins do the magic now. Not Financial Advice
Re: Crypto Currency Investors Thread by OYENIYIJK: 5:29am On May 20, 2021
lecowas:
Not really however it is more difficult now … sh*tcoins do the magic now. Not Financial Advice
Yea, only shitcoins for now.
Re: Crypto Currency Investors Thread by Ibime(m): 5:29am On May 20, 2021
Some low bids on LTC ($175) and EOS ($5.2) triggered nicely overnight returning about 15% profits this morning. I sold them as BTC approached $40k resistance this morning. I will rinse and repeat this strategy at BTC ranges between $30k and $40k

Low bid on XRP also triggered and also in profit but I'm keeping that one instead of selling as I've been waiting to get a HODL position in XRP at a good price for a while. Also targeting a HODL position in ADA and DOT but they didn't drop low enough to trigger bids.
Re: Crypto Currency Investors Thread by Nobody: 5:55am On May 20, 2021
When everyone is complaining about the dip, this is my most fruitful period in trading, I made 200% by longing XRP when it was 1.2 and shorting ETH when it was 2,800 all in just yesterday on Binance futures
Re: Crypto Currency Investors Thread by Nobody: 5:57am On May 20, 2021
Ibime:
Some low bids on LTC ($175) and EOS ($5.2) triggered nicely overnight returning about 15% profits this morning. I sold them as BTC approached $40k resistance this morning. I will rinse and repeat this strategy at BTC ranges between $30k and $40k

Low bid on XRP also triggered and also in profit but I'm keeping that one instead of selling as I've been waiting to get a HODL position in XRP at a good price for a while. Also targeting a HODL position in ADA and DOT but they didn't drop low enough to trigger bids.
You are one of the guys who knows what he's doing, your strategy is top notch
Re: Crypto Currency Investors Thread by teamsynergy: 6:09am On May 20, 2021
Mehn, Cake took a serious hit .. I just hope Beeteecee continues to recover.

Highly likely the market will dip again this month.
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 6:20am On May 20, 2021
DieRich5:
Dis guy predict btc dip to $30 and now saying btc will go up to like $40+ Dem dip to $20

Live show


https://www.youtube.com/watch?v=GV9-Xg0-xpc

God help us all @newbies
Omo I wanna take this seriously oo..

Btc hitting $20k would make you question everything you hold dear. Better not be in market by that time.

As Btc approaches $43k, I might be selling.
Re: Crypto Currency Investors Thread by Nobody: 6:36am On May 20, 2021
sweetveek:
hope you didn't go all in?even if dot recovers,your leveraged token won't recover, there's more to what you see there,i was actually thinking of tra.ding those tokens until i did some research,its better to trade futur.es than those nons.ense to.ke.ns..
Thanks, so what do you think I should do now?
Sell off the remaining or wait for it to rise back. Any hope of it rising back to $100? Or even $50
Re: Crypto Currency Investors Thread by mike8804: 6:41am On May 20, 2021
Tron founder...this is bullish

Re: Crypto Currency Investors Thread by Nobody: 6:41am On May 20, 2021
seanwilliam:
gone were the days whereby 1 dollar can turn u into a millionaire by hodling crypto. but now wey everyone dey do crypto , i doubt if that could happen anymore.....
Still happend this year with some meme coins
undecided
Re: Crypto Currency Investors Thread by VEXT:
.
Re: Crypto Currency Investors Thread by pius4luv(m): 6:46am On May 20, 2021
The bulling is back let be patient
Re: Crypto Currency Investors Thread by jedisco(m): 6:58am On May 20, 2021
The issue with such a sellooff is that all the support zones above that have been holding price up have now become resistance...

Also, unlike a usualpullback, with this sellooff, there's been a confidence dip in the market... Not an issue long-term.... But for the short-term it's not a good environment for alyts...
Re: Crypto Currency Investors Thread by kodred(m): 6:58am On May 20, 2021
ORIJIN201:
I hope Doge and other shitcoins get buried and never to rise again, because these memecoins brought the wrong people and audience to crypto.
There’s no such thing as bad publicity. All publicity is good. Those coins further exposed the potential of crypto and got more people learning about it. Expect a lot of newbies if big b recovers and creates a new ATH.
Re: Crypto Currency Investors Thread by kodred(m): 7:13am On May 20, 2021
Ezemarcel:
buy with money you can avoid to loose
When you say it like this, you make it sound like gamble (pure luck). Are you saying those institutions investing billions can afford to lose those billions? It’s an investment (short or long).

Instead advise newbies study it like stock market, because it’s practically the same thing. Cryptos are Digital Companies with the hope of future adoption which can increase value exponentially.
Re: Crypto Currency Investors Thread by fusionchimera(m): 7:21am On May 20, 2021
lecowas:
So sorry bro, it’s bad but funny. I have also lost more than #1m since yesterday. I should have lost more than #2m . Thank God Binance didn’t allow me to convert at the time I wanted to. Anyways life goes on. We move
you can join my private group (it’s free though but I admit only people who can trade spot on a regular)
Re: Crypto Currency Investors Thread by FuckHomophobes: 7:29am On May 20, 2021
My guys.. what's popping Biko
Re: Crypto Currency Investors Thread by bigx(m): 7:37am On May 20, 2021
FuckHomophobes:
My guys.. what's popping Biko
People are mourning
Re: Crypto Currency Investors Thread by blessedtj(m): 7:37am On May 20, 2021
Hello guys

I need $170 is bitcon.

Need it to complete a transaction.

How do I go abt it.

I use to have account with luno before the restriction from cbn.

What is the best medium to get btc now without falling into the hands of scammers.
Re: Crypto Currency Investors Thread by deewhydoski(m): 7:42am On May 20, 2021
blessedtj:
Hello guys

I need $170 is bitcon.

Need it to complete a transaction.

How do I go abt it.

I use to have account with luno before the restriction from cbn.

What is the best medium to get btc now without falling into the hands of scammers.
Register on binance and use p2p to purchase it
https://accounts.binance.com/en/register?ref=42501008
I can put u through
Re: Crypto Currency Investors Thread by dotun674(m): 7:42am On May 20, 2021
seanwilliam:
gone were the days whereby 1 dollar can turn u into a millionaire by hodling crypto. but now wey everyone dey do crypto , i doubt if that could happen anymore.....
funny twist(less than 10% of the world population is into crypto) there’s still great opportunities
Re: Crypto Currency Investors Thread by dotun674(m): 7:43am On May 20, 2021
lecowas:
So sorry bro, it’s bad but funny. I have also lost more than #1m since yesterday. I should have lost more than #2m . Thank God Binance didn’t allow me to convert at the time I wanted to. Anyways life goes on. We move
shitcoins aside, you can NEVER lose in crypto. You only lose when you sell
Re: Crypto Currency Investors Thread by Loverboy3333: 7:51am On May 20, 2021
dotun674:
shitcoins aside, you can NEVER lose in crypto. You only lose when you sell
If you buy very high and there is a crash, it can take some coins 3 years to get back to that price, isn't that a lose?
Re: Crypto Currency Investors Thread by bigx(m): 7:56am On May 20, 2021
Loverboy3333:
If you buy very high and there is a crash, it can take some coins 3 years to get back to that price, isn't that a lose?
It's not a lost as long as you can average down and recover your capital.

I bought XRP over $1 early 2018, if I sold when it dropped I wont have been able to recover my money this year
Re: Crypto Currency Investors Thread by FuckHomophobes: 7:58am On May 20, 2021
bigx:
People are mourning
Yea, it's everywhere. Even as I smart reach, come cashout start my project. I still dey mourn my portfolio.

Anyways me I sha need $20k before the end of this month sha tongue
Re: Crypto Currency Investors Thread by dotun674(m): 8:04am On May 20, 2021
Loverboy3333:
If you buy very high and there is a crash, it can take some coins 3 years to get back to that price, isn't that a lose?
so far it gets back up, that’s not a lose. You can try to average by buying dips and it might take just a year to recover
Re: Crypto Currency Investors Thread by blessedtj(m): 8:11am On May 20, 2021
deewhydoski:
Register on binance and use p2p to purchase it
https://accounts.binance.com/en/register?ref=42501008
I can put u through
Ok.... I'm doing that now.
Re: Crypto Currency Investors Thread by sweetveek(m): 8:12am On May 20, 2021
CallmeAnon:
Thanks, so what do you think I should do now?
Sell off the remaining or wait for it to rise back. Any hope of it rising back to $100? Or even $50
i really don't know but i think your coin will have to rise twice the drop before you can break even or start making pr.ofit.

am not sure
Re: Crypto Currency Investors Thread by deewhydoski(m): 8:50am On May 20, 2021
blessedtj:
Ok.... I'm doing that now.
Alright
Re: Crypto Currency Investors Thread by essay007(m): 9:20am On May 20, 2021
Just caught up with the thread from since yesterday. Man you folks are so funny. I've laughed so much tears comot.
Had to log off all exchanges yesterday for my own sanity.
In the midst of the dip, BNB was the absolute worst.
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