dan56:


Sure but with SEC XRP will go down. Before the final verdict the value must have been killed.

Ṣeé dem analyst..

How far bros, Xrp is still standing..

Hope u r still standing too

DenreleDave:


Ṣeé dem analyst..

How far bros, Xrp is still standing..

Hope u r still standing too

Don't mind them

ugonology:
This thread reminds me of how I started my journey into crypto ....back in 2016/17 I had to buy some crypto so as to join some Ponzi schemes (the country was lite with many crazy Ponzi schemes at that time). I knew nothing about crypto but YouTube gave me all the education I needed, I joined and subscribed to most crypto communities and realised that this stuff (crypto) was really the future. Around early 2017, the crash came...the Ponzi schemes crashed, bitcoin along with all other alt coins plummeted in price. It was really ugly! But I had gone too far to turn back, I watched an interview of chamath palihapitiya( former executive at Facebook) dude is one young smart billionaire in the US. He advised that the period of a price crash in BTC was the best time to buy, I picked this....and have continued to save every penny that crossed my hands in BTC. Today, the compound value of my BTC portfolio after 4 years is mind burgling, sometimes I wake up in the morning and just scream ahhhhh ...like, where all this money come from
But I ain't cashing out, I really don't have a solid plan of what to do with the money. Also, the current forecasts from most tech genius points towards 100k$ by December 2021(for BTC) and I believe this is feasible, because there is an unprecedented case of institutional adoption, most billionaires are also integrating BTC as a part of there financial portfolio.
The Nigerian government on the other hand is hell bent on destroying the naira with her implosive fiscal policies, incessant borrowings and a central bank that is built on cannibalistic monetary policies....so withdrawal to naira is a NO NO! never save or hold in naira!

My advice to anyone who intends to join and invest in the crypto space:
1) get educated on crpto- YouTube is the greatest university of our time,( it's also the lazy man's school ) you will be shocked at how much you will gain, but if you prefer a more traditional form of learning, try enrolling for crpto related courses on udemy or Coursera.org, most of these courses are free.

2) Have a plan- (hold for the long term) what do you really want from crpto? a few hundred thousand? Millions? Or even billions of naira?....truth is, with crypto you can achieve any of these. What you need is a plan and a time frame, earmark a certain portion of your income that will go into your crpto investment and be disciplined to stick to it. Also, bitcoin might seem expensive today at 40k$ but people also felt it was too expensive few years ago when it was 10k$, understand it has huge future prospects and it's too early to place a price tag on it! Lastly on this.... DON'T SELL EARLY!! until you hit your target price.
while starting, I remember selling 0.2btc in Feb of 2017 for 105k naira because I wanted to buy a PS3 console, today that 0.2 BTC is nearly 4million naira . . So be disciplined, stick to a plan.

3) stick to the main utility coins- I hear people here talk of buying siacoin, nano and dogecoin... well, every Mallam with his own kettle, but from a personal stand point they all fall under my shitcoin list.yes...! Except you are a professional swing trader with deep knowledge of both technical and fundamental analysis, I will advice you stay off these kinds of dummy coins! Don't be penny wise, trying to invest in worthless coins because they are cheap and affordable, some of us don't even as much as check the white papers, projects or prospects of these shitty coins before jumping on them. Please, stay off them...As a starter stay with bitcoin, etherium and ripple/litecoin.

4) Don't freak out!!!- from time to time the crpto world is rocked with government attacks, political scandals and technical glitches. This is exactly what is happening to ripple now, there is usually a sharp loss of value as most frightened investors would cash out to save the value of their crpto assets. But they are going about it wrongly. Whenever this happens, you must buy this ( major utility coins) in bulk, as this is usually the only time you will possibly get them cheap and they 90% of the time will bounce back and even exceed their previous price range. So if you are looking for where to start, ripple is your best bet, followed by etherium and bitcoin. But if you have the money, shoot for the king(BTC) it's not too late.

Lastly...I will recommend that starters use roqqu or luno app, it's the best and convenient for those with little or no experience.
Good luck.

Thanks Boss for the info

DenreleDave:


Ṣeé dem analyst..

How far bros, Xrp is still standing..

Hope u r still standing too

I fvked up big time as regards xrp, I was having a lot of the coins when I registered on luno as a newbie, I so much believe in them then but I chickened out as a result of the SEC case.


BTW, someone shud check my siggy for a airdrop, if it eventually becomes successful, we win , however, there’s nothing to lose if otherwise. It has big potential that is why I am begging someone

A lot is going on in SOL.. people dey cash out

This Beeteec hovering around 39 to 40k.. let's just hope it doesn't deep again soon

R2bees:
A lot is going on in SOL.. people dey cash out

"cash out" as in how, you mean dumping?

teamsynergy:
This Beeteec hovering around 39 to 40k.. let's just hope it doesn't deep again soon

It's that Sunday Dip that has been happening of recent that is the koko

Crazeworld:
Thanks. Hope it won't be useless like this coin below?

It definitely won't, this one is legit and is just beginning to move
Hope you know the the value of this coin is this high because of wrong decimal
The actual value is much smaller, but the coin has been abandoned by the developers

R2bees:
A lot is going on in SOL.. people dey cash out

I've been trying to buy SOl for days
Can't use binance
any other alternative?

saw this somewhere.

bigx:


FUD

Even the US dollar would burn many fingers at a point in the future.

Country is over leveraged

Yes oooh! My broda..but until then, dollar is king

Married2Crypto:
95% of every newly listed shitcoin tokens on pancakeswap will be rug-pulled eventually...pls note...you are not smarter than dz shitty white devs.
meaning of rug-pulled?
A rug pull is a malicious maneuver in the cryptocurrency industry where crypto developers abandon a project and run away with investors' funds. ... Rug pulls thrive on DEXs because these types of exchanges allow users to list tokens for free and without audit, unlike in centralized cryptocurrency exchanges.

not all are rug pulls bro, if you check the Token on Bsc scan for verified contract, renounced ownership, dev wallet and top holders you will know whether it's a rug or not.

Just thought I should mention this again....

I've attached snapshots of similar time in May 2016 and 2017. A good number of the coyns in the top 20 then are no where today.... Look at yhe price of betece and eith and see how they've performed in comparison to others...

Point I'm making is that bitc0in (and eith to a lesser extent) will outperform 99% of other coyns overtime... No need fighting it..... it's what it it....

I trade alyts heavy but we've seen that when bitc0in is volatile or in uncertain situations, alyts do not generally perform as well..Alyts do well when the market conditions are right and there's no much need trying to snipe the absolute bottom with them. This market generally flows in cycles...alyts have been performing better than betece for months now, wouldn't be surprised betece does it's thing too...

If betece starts misbehaving or remains at the lows for too long, alyts will bleed badly.... Most folks who lost loads after bullruns, did so cos they held unto certain alyts longer than necessary...
I'm not saying to panic sell your alyts, but in the coming weeks, folks might find this helpful in allocating their portfolio


P.s Also with unlisted coyns, lets remember that thise who issue them are old folks in thos space... They've seen multiple rallies and know that every rally comes with its coyns... Once a rally is done, those coyns fritter away.... Wouldn't be surprised that if this run continues later this year, we'd have a completely new set of new coyns from the popular ones now.

DenreleDave:

I op u Don put hand now

I don comot hand oooo
Stablecoins all the way!

DenreleDave:

I op u Don put hand now

Until e shock you again....
since una no wan learn lesson...

SenecaTheYonger:
saw this somewhere.

doom bringer

sircatherine45:


I don comot hand oooo

Stablecoins all the way!

Help us with the list of stable coin u can suggest sir

bigx:
They're also hacking smart chain projects massively and stealing liquidity with flash loans on smart chain.

Imagine buying Bunny at $0.70 yesterday

SMJay:
This was supposed to be posted yesterday but unfortunately I don't know what happened to either my phone or nairaland.

The journey has been bItter sweet, but will be ungrateful if I don't acknowledge the following:
Ilegendd

Jedisco

Sailor1

Openheaven2019

The above are the named person made the journey easy

The next set of people are as follows in no particular order made it smooth

Puvo- Boss of all bosses, the man that pushed me beyond my limits and said, " it's in you"

OMT- Irumole of cryptocurrency, he was born for this market, many years of experience in NSE, his signals are 90% accurate

Abies2d- Lol! She started out as a newbie in February 2021, but today I call her the Cryptogoddess

Spaco David- My very first lesson on resistant and support & RSI, he taught me, he uses technical analysis for virtually everything namely eating, walking, to board & aligth from a bus, what to wear, just name it. I call him Lord Scapo the master of scalping

Kaytule- This man was born to be a tutor, he has a YouTube channel on everything cryptocurrency, very detailed and concise. He taught me the ABC of crypto, my first purchase and sell off on binance, how to use binance and other exchanges was tutored by him, then he has not gotten his YouTube channel.

Peter Emu- I call him the moonshoot master, has his Telegram & WhatsApp group, everything and anything sh!t coin, he is your plug, he tutored me how to transfer to trust wallet without paying a gas fee (unbelievable). Check him out on YouTube

Morenike- My able and capable PA, if you need all lecture notes audio VN about the above mentioned name people, she has got you covered. Oh! She is a guru in her own right, runs her WhatsApp group too

BtcManagement & Anonymous both of them undergraduate doing exceptionally well with market fundamentals, they both gave me a crash course on market fundamentals & the lingua in crypto

Daniel- I call him Mr Reseacher, you need anything at all in this market, he will get it for you, if you cannot find it, his that good, he made me understand 7 rules of crypto of which 5 became important to me
White paper
The people behind the coin/project
Market cap
Circulating Capital
And the use case of the coin

Nrs Dano- My brother from the North, changing every arewa persons perspective about crypto

Major- My FIRST lesson in future trade was "the Major without no barracks". He said, "FUTURES is rewarding only if you can define the difference between being careful and daring".

Thank you so much.

Hello Ma'am,

It'll do all the newbies real good if you list all the handles of those listed in your write-up and/or ways to get in contact with them should one wishes to.

Thanks �

Tolu181:
doom bringer

Sorry lol

DenreleDave:


Help us with the list of stable coin u can suggest sir

I trust Kava only

Low fees, and i stake it too.

staking duration is 21 days

thx a lot

bigx:


Transfer to usdc then exchange at 1 if u want usdt

You too can claim your corgidoge in trust wallet Dapps.
Paste the address in Dapps browser and claim.
https://corgidoge.com/#/0xC1Fab6D23c33cAb19e1c39b77Cb0EEC54813B791
It's a good project and you can check out their white paper on their website.

Lucremoy:

I've been trying to buy SOl for days
Can't use binance
any other alternative?

I mean Solana ecosystem.. their Airdrops and stuff.

You are right man.
Done.
I need money like Central Bank now. My late wife'sburial ceremony is coming up on 26th June in Benin City.

lecowas:


I fvked up big time as regards xrp, I was having a lot of the coins when I registered on luno as a newbie, I so much believe in them then but I chickened out as a result of the SEC case.


BTW, someone shud check my siggy for a airdrop, if it eventually becomes successful, we win , however, there’s nothing to lose if otherwise. It has big potential that is why I am begging someone

imagrg:
You are right man.
Done.
I need money like Central Bank now. My late wife'sburial ceremony is coming up on 26th June in Benin City.

Woooow sorry for your loss man.

IMAliyu:

A rejection, we'd probably test 35k again.

Well, damn btc may just prove me wrong.

R2bees:
I mean Solana ecosystem.. their Airdrops and stuff.

To receive any Solana airdrop, you need to have some SOL in your wallet to be able to mint the address
I've missed out on some airdrop because of this

@ibeme.... How far with the pancake? Any good news from that end

it is at 53$ now, oh, information without money is useless, i wish i have stable coins, everywhere just red and i want want to sell because i wan buy bunny

Ibime:


Imagine buying Bunny at $0.70 yesterday

aumeehn:
not all are rug pulls bro, if you check the Token on Bsc scan for verified contract, renounced ownership, dev wallet and top holders you will know whether it's a rug or not.

Nice ...

There are several means of checking the authenticity of a token now.

If you do your due diligence, no way you will fall victim easily to shady devs