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Crypto Currency Investors Thread - Investment (858) - Nairaland

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Re: Crypto Currency Investors Thread by Loverboy3333: 2:55pm On May 23, 2021
Dem nor de tell blind man say market don close

Meanwhile some people still believes we are not yet in the bear market

My only worries, how long will this last, weeks, months or even years?

7 Likes

Re: Crypto Currency Investors Thread by Nobody: 2:56pm On May 23, 2021
My people. Assuming you had #30k and want to invest in solid projects.. Would you split into three and buy 10K each or into two and buy #15k each?? which you reckon to give the best returns on the long run?

3 Likes

Re: Crypto Currency Investors Thread by Rubbiish(m): 2:57pm On May 23, 2021
bayobabe:
Naa person wey get better money dey buy btcee jare.....what will my 20 dollar do inside btceee matter
Lol
This is funny
Re: Crypto Currency Investors Thread by jedisco(m): 2:58pm On May 23, 2021
Good pm my people... At times like this, if you've not planned ahead, its good to avoid making panicky decisions. Take a deep breath, switch off alerts, get on with life and revisit issues in 1-2 days..

Stay safe out there friends

20 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 2:59pm On May 23, 2021
bayobabe:
Naa person wey get better money dey buy btcee jare.....what will my 20 dollar do inside btceee matter

But then, if you learn to trade betece or trade alyts into betece, you'd maximize opportunities further... Betece runs this market... It always has a way of reminding us that
Re: Crypto Currency Investors Thread by solidworks(m): 3:01pm On May 23, 2021
OpenHeaven2019:
Where do you think we are.

I think it’s denial or anger.

I am not selling not because I have diamond hands but the money is as good as nothing shocked resistance and support means nothing again, I wish I found crypto this period, this is time to invest for long time.

6 Likes

Re: Crypto Currency Investors Thread by Ibime(m): 3:02pm On May 23, 2021
ADA now at $1.15

If you think it's cheap now, ask yourself whether it didn't have the same fundamentals in October when it was 5 cents, or in March last year when it was 2 cents

Don't get wrecked buying any altcøin until BeeTees recovery is complete. What you call cheap is only relative to the bubble we have been in.

20 Likes

Re: Crypto Currency Investors Thread by MasonKendall(m): 3:02pm On May 23, 2021
MasonKendall:
Fellas abeg anybody wey fit help me even with #500 I go happy wella. Cos as e dey so ah na only garri I drink since yesterday afternoon.

6032001923 Keystone bank Edet
Re: Crypto Currency Investors Thread by Rubbiish(m): 3:05pm On May 23, 2021
Cannicus:


Oh ok.

Looking long term, I think ETH has a better chance of replacing BTC should the plan to dethrone BTC succeed.
ETH dethrone btcee? Lol
No coin can ever dethrone btcee because of its limited supply!

2 Likes

Re: Crypto Currency Investors Thread by Cannicus: 3:08pm On May 23, 2021
Rubbiish:

ETH dethrone btcee? Lol
No coin can ever dethrone btcee because of its limited supply!

How about all the energy consumption hullabaloo?

I see it as careful orchestration to downplay btc and up play something else.

That something else is what I want to know.
Re: Crypto Currency Investors Thread by Itzlinda(f): 3:11pm On May 23, 2021
Ibime:
ADA now at $1.15

If you think it's cheap now, ask yourself whether it didn't have the same fundamentals in October when it was 5 cents, or in March last year when it was 2 cents

Don't get wrecked buying any altcøin until BeeTees recovery is complete. What you call cheap is only relative to the bubble we have been in.

So make person jump out. I've locked my ada to binance staking feature. How do I unlock it please? I want to buy rice and amala

7 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 3:14pm On May 23, 2021
Some ray of hope...
Have you ever noticed during this rin that anyday all alyts sre in green and have done significant percentages, buying then is usually a wrong time irrespective of technicals as 2-4 days down the line, there'd be some retrace...

It's usually that way to in bear markets... In bear markets to... A week or two of proper red is usually followed by good green.. What I do then is to buy every week or 2 weeks.. once I see betece is holding support, I target alyts that have held against betece (but are well down in usdt and at support) and buy... Usually, I'm in profit the next week...

I'm not saying this to advise folks to jump into alyts with such uncertainty, but for those stuck, this might also not be a hood time to panic sell...

For those with sole intent on buying alyts eitherway, I'd advise to stick to majors... Most are around significant support...
Eith- 1850, 1500
Ada- 1
LTC- 120-100
Bnb- 200
Xrp- 0.6-0.7
Alyts can dip much lower than we think, but there's only so far they can dip...esp majors...

10 Likes

Re: Crypto Currency Investors Thread by Rubbiish(m): 3:17pm On May 23, 2021
Loverboy3333:
Remember some persons bought btc at 64k grin
Of course they will make their profit when btcee approach 80 to 100k! The issue I see with so many persons here is u people view crypto as bet9ja! If u are buying btc at 64k, u should have the patience to wait for it to approach 80 to 100k. I remember how some persons bought btcee at 10k last year & it went down to 4k. But they have been in profit ever since November last year. Investing in crypto requires patience! It is not really investing what u can afford to lose, but what u can afford to hold for long! Those who lose in crypto are those without patience! If u don't have patience or your money is for urgent use, don't invest in crypto. Don't invest your school fees today, when school will resume tomorrow! Crypto is not gamble with 2 odd! Patience is required!

27 Likes

Re: Crypto Currency Investors Thread by Ibime(m): 3:20pm On May 23, 2021
Itzlinda:


So make person jump out. I've locked my ada to binance staking feature. How do I unlock it please? I want to buy rice and amala

I don't know oh. Tomorrow is Monday. Institutions could change direction.

But this is why I don't believe in all those staking and farming nonsense. That's for bear season. Why should one tie their money down in staking when they may need to japa at any moment, or need the money to play breakout trades. This is crypto, not fixed income. Money tied up in staking for 30% return can easily do 2x if used in breakout trade.

5 Likes

Re: Crypto Currency Investors Thread by DieRich5: 3:22pm On May 23, 2021
DieRich5:
lol, if u wan buy BNB again, watch btc: if e enter $32 Dem BNB go enter 210 down
almost done

1 Like

Re: Crypto Currency Investors Thread by jedisco(m): 3:24pm On May 23, 2021
On betece, we know it's not veen looking good... Has failed to make a higher high for a while and has been flipping every support for resistance...

Let the coin decide what it wants to do...

My concern on the weekly chart is that there's number of wicks just below 30k that has not been taken out... Lowest is at 28.2k.... It's difficult to say how much liquidity is still there after so long... A dip below 30k to take out that liquidity before regaining and flipping 30k will be bullish in the short-mid term... But then, 30k has not been lost and I'm not expecting it to go that easily...
Eitherway, at these levels, I'd wait for it to decide what it wants to do..

1 Like 1 Share

Re: Crypto Currency Investors Thread by Loverboy3333: 3:25pm On May 23, 2021
Rubbiish:

Of course they will make their profit when btcee approach 80 to 100k! The issue I see with so many persons here is u people view crypto as bet9ja! If u are buying btc at 64k, u should have the patience to wait for it to approach 80 to 100k. I remember how some persons bought btcee at 10k last year & it went down to 4k. But they have been in profit ever since November last year. Investing in crypto requires patience! It is not really investing what u can afford to lose, but what u can afford to hold for long! Those who lose in crypto are those without patience! If u don't have patience or your money is for urgent use, don't invest in crypto. Don't invest your school fees today, when school will resume tomorrow! Crypto is not gamble with 2 odd! Patience is required!


Sure, if not as the country be, no spare funds, this is the best time to be buying and averaging , keep stacking until things begin go green, at the end you will surely smile.
Re: Crypto Currency Investors Thread by Rubbiish(m): 3:26pm On May 23, 2021
Cannicus:


How about all the energy consumption hullabaloo?

I see it as careful orchestration to downplay btc and up play something else.

That something else is what I want to know.
Btcee drive this market!
When btcee bleeds, every other coin becomes helpless, unless the bleeding is not severe! Every coin subconsciously depend on btc to drive in the crypto world. Btcee is the foundation upon which every coin stand in the crypto structure! Let btc drive down to $5k tomorrow & see if bnb will not drive down to $20. There is no way any coin is dethroning btcee! Forget the hype!

7 Likes

Re: Crypto Currency Investors Thread by bayobabe(f): 3:31pm On May 23, 2021
This is not a bad way to make money.......bear season should bring small hope too fa
jedisco:
Some ray of hope...
Have you ever noticed during this rin that anyday all alyts sre in green and have done significant percentages, buying then is usually a wrong time irrespective of technicals as 2-4 days down the line, there'd be some retrace...

It's usually that way to in bear markets... In bear markets to... A week or two of proper red is usually followed by good green.. What I do then is to buy every week or 2 weeks.. once I see betece is holding support, I target alyts that have held against betece (but are well down in usdt and at support) and buy... Usually, I'm in profit the next week...

I'm not saying this to advise folks to jump into alyts with such uncertainty, but for those stuck, this might also not be a hood time to panic sell...

For those with sole intent on buying alyts eitherway, I'd advise to stick to majors... Most are around significant support...
Eith- 1850, 1500
Ada- 1
LTC- 120-100
Bnb- 200
Xrp- 0.6-0.7
Alyts can dip much lower than we think, but there's only so far they can dip...esp majors...

Re: Crypto Currency Investors Thread by Cowbell521: 3:37pm On May 23, 2021
Buy the dip b4 it dip dipper.... Buy for 33k now before E go down to 25k

2 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 3:39pm On May 23, 2021
On eith/betece....

It's approaching a significant level against betece.... The weekly level between 0.058 and 0.052 has been a historically significant one as far back 2017

If it can flip that level, then that'd be a good thing for alyts... If it nukes that level, then sh*t just got real... Remember its a weekly cahrt and wouldn't resolve overnight

I remember a while ago when eith was lagging and bnb pumping some accused me of hating bnb... I smiled.... You play this market long enough, you begin to respect betece and eith... Eith would save your portfolio in ways other alyts can't.

One of my regrets of this bullrun is being shaken out of my euth position too soon...

4 Likes

Re: Crypto Currency Investors Thread by mike8804: 3:40pm On May 23, 2021
Bake,burger,xvs and cake. Wahala be like bicycle. Most bsc based token dipping like pit
Re: Crypto Currency Investors Thread by jedisco(m): 3:40pm On May 23, 2021
bayobabe:
This is not a bad way to make money.......bear season should bring small hope too fa

Hehe... Trading bear seasons are different..

The main way to make money then is by safely buying red... Also, profits are taken quicker as everyone eye dey red... So once ur alyt do 20%, you selloff and wait for the next red
Re: Crypto Currency Investors Thread by ameh99: 3:43pm On May 23, 2021
damiloladuke:
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.
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Please, who has successfully transact with this dude before?
Re: Crypto Currency Investors Thread by bayobabe(f): 3:43pm On May 23, 2021
grin grin grin shocked shocked
Cowbell521:
Buy the dip b4 it dip dipper.... Buy for 33k now before E go down to 25k
Re: Crypto Currency Investors Thread by ak22(m): 3:44pm On May 23, 2021
Let be watchful ooo scammer everywhere

Re: Crypto Currency Investors Thread by bayobabe(f): 3:45pm On May 23, 2021
Good lesson you just dropped now......I might not even wait till 20% sef.....and my stop-loss will be tight.
jedisco:


Hehe... Trading bear seasons are different..

The main 2ay to make money then is by safely buying red... Also, profits are taken quicker as everyone eye dey red... So once ur alyt do 20%, you selloff and wait for the next red
Re: Crypto Currency Investors Thread by MasonKendall(m): 3:45pm On May 23, 2021
Rubbiish:

Btcee drive this market!
When btcee bleeds, every other coin becomes helpless, unless the bleeding is not severe! Every coin subconsciously depend on btc to drive in the crypto world. Btcee is the foundation upon which every coin stand in the crypto structure! Let btc drive down to $5k tomorrow & see if bnb will not drive down to $20. There is no way any coin is dethroning btcee! Forget the hype!
If beeteecee reduces to $5k altcoins like BNB will probably go for some cents cos this is the one coin that depends on Beeteecee a lot. On Friday bnb will be trading below $190
Re: Crypto Currency Investors Thread by jedisco(m): 3:48pm On May 23, 2021
bayobabe:
Good lesson you just dropped now......I might not even wait till 20% sef.....and my stop-loss will be tight.

Stoploss is unlikely to help in such situations. Except you had a good entry which is already in profit and you want to protect it...... Most times, your stoploss is hit before stuff gets to its destination.... Bear market no easy to trade...

Mostly, what I do then if I notice betece may start rallying soon is just to but, forget and sell in a few months

3 Likes

Re: Crypto Currency Investors Thread by FomoKING: 3:48pm On May 23, 2021
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Re: Crypto Currency Investors Thread by bayobabe(f): 3:48pm On May 23, 2021
But sincerely bear market should not start yet, I am not in the mood for it at the moment grin
jedisco:


Hehe... Trading bear seasons are different..

The main way to make money then is by safely buying red... Also, profits are taken quicker as everyone eye dey red... So once ur alyt do 20%, you selloff and wait for the next red
Re: Crypto Currency Investors Thread by bayobabe(f): 3:49pm On May 23, 2021
Haaaa......tooooor
jedisco:


Stoploss is unlikely to help in such situations. Except you had a good entry which is already in profit and you want to protect it...... Most times, your stoploss is hit before stuff gets to its destination.... Bear market no easy to trade...

Mostly, what I do then if I notice betece may start rallying soon is just to but, forget and sell in a few months

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