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Crypto Currency Investors Thread - Investment (862) - Nairaland

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Re: Crypto Currency Investors Thread by Alexxien: 9:11pm On May 23, 2021
OmodavidoX:
lol you don’t need stress self. Just use stoichiometry

If N50,000 give 30,000 btc
NX will give 40,000 btc

Cross multiply

NX = (40,000btc* N50,000) divided by 30,000 btc

(btc cancels btc, then your remaining unit is Naira)

X = N66,6666
Hmmm, lot of ways to get the same thing. This is one big description of Life!!!

4 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 9:16pm On May 23, 2021
BUGOFF:
if one enters beeteec at 30k with 50k and it moves to 40k, what would be ones profit from ones 50k investment?
Cc:
Ibime
Jedisco
Openheaven, etc

Hehe... What I find funny is how you're calling everyone to come and solve maths for you

14 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 9:23pm On May 23, 2021
LauraClasikVibe:
You know what you doing, the advise is for those that have used their life savings, rent or collected loan or trading for other people, sh!t coin chasers and airdrops specialist. It's good most people are experiencing this so that they know what Crypt0 is all about.

Besides diversification is key, be invested in Money Mutual fund
Fixed Income Fund
FG savings bond
T-bills
Stock Market this way their risk is reduced but first, they need to determine their risk appetite.

I agree... It's good to have a diversified investment portfolio.... That way, one can cycle profits across investment options

3 Likes

Re: Crypto Currency Investors Thread by noobs123: 9:24pm On May 23, 2021
DieRich5:
Update
Tesla buy btc @58 now losing 1 billions grin
So why are you happy about that?

3 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 9:25pm On May 23, 2021
olushollys:
Na waooo, for una crypto ooo. When i decided to join only ti make some little profits and lose it with over 70% of the original capital. God dey

What coyn did you buy?...and at what price?

1 Like

Re: Crypto Currency Investors Thread by noobs123: 9:32pm On May 23, 2021
olushollys:
Na waooo, for una crypto ooo. When i decided to join only ti make some little profits and lose it with over 70% of the original capital. God dey
You only lose when you sell.
Re: Crypto Currency Investors Thread by Nobody: 9:34pm On May 23, 2021
1kinggy:


Once you receive your USDT, move it to your spot/trading account. Then look for BTC/USDT pair on your exchange and trade.
I just sent you a mail sir, please reply
Re: Crypto Currency Investors Thread by Ntente(m): 9:39pm On May 23, 2021
Hello
Re: Crypto Currency Investors Thread by jedisco(m): 9:40pm On May 23, 2021
NisforNicky:



hi jedisco

I've been following your comments and analysis for some time.
thank you for all the insight you bring here for free!

I have a question pls.

what strong alts can I get this dip period, with the view of hodling for up to 3years?
I may also exchange them in future for beetcee or eith if they perform very well.
I am hoping to get those whose prices are less than $1 for now, since my capital is small

1. 3 years?... Not advisable to trade alyts that way... Except bitc0in.... The market flows in waves, maximizing those moves saves you stress

2. Why are you keen on those less than $1... That's the mistake most new folks make that sees them chasing micros... What's important is your ROI and sustainability of investment not actually the cost of the coyn... Yeah, micros with minimal value tend to be more volatile in both directions, and most times, if not timed well, you're left with nothing.


As a new person in this space, it may be difficult juggling between coyns. It might be better to start with splitting your portfolio accordingly...

Allocating your portfolio depends on the time of the market cycle you're buying. Betece, Eith, Ada, xrp and one of the newer coyns likt (aave, dot, ksm or uni)... would top my list

7 Likes 1 Share

Re: Crypto Currency Investors Thread by GRACEGLORY: 9:51pm On May 23, 2021
femocious0:
how sure are you bro!


He’s the wizard of oz.

5 Likes

Re: Crypto Currency Investors Thread by BUGOFF(m): 9:52pm On May 23, 2021
IMAliyu:

A move from 30k to 40k is a 33% move.

33% of 50k is roughly 17k which would be your gain.

But are you sure the price will go up to 40k?
How long are you willing to hold?
We are in bear season now.
just needed to be informed. Who get cash to tie down in uncertainty? Will cast lots on a few low cost coyns, rather. After all, I've lost about 78% of my investment already. But then, I'm liking it, knowledge comes with sacrifice... Imagine I'd been attending my maths class in secondary school, would I have come here to claim Monopoly of my deficiency in calculating percentages?? Mmm..

1 Like

Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 9:54pm On May 23, 2021
Btc has reach the oversold region on the RSI

A bounce is imminent!

7 Likes

Re: Crypto Currency Investors Thread by BUGOFF(m): 9:55pm On May 23, 2021
OmodavidoX:
lol you don’t need stress self. Just use stoichiometry

If N50,000 give 30,000 btc
NX will give 40,000 btc

Cross multiply

NX = (40,000btc* N50,000) divided by 30,000 btc

(btc cancels btc, then your remaining unit is Naira)

X = N66,6666
bia, be careful!! �

1 Like

Re: Crypto Currency Investors Thread by jedisco(m): 10:07pm On May 23, 2021
On ada...

jedisco:


I've come to see that if you play the bull cycle between majors well, one can navigate this market for most of the bullrun avoiding significant dips in ones portfolio even when betece pullsback

Seeing eith double in the last 2 weeks and not having a good slice wasn't nice... Moreso given eith used to be my benchmark...

I used to play the link/eith chart before, and of recent, it's been the ada/eith...
Caught most of the upside move of ada against eith early this year but not the reverse... Good thing is that I stacked ada ( smarter move would have been to be in eith instead that period)...It's quite easy to get distracted in this market...

Now I'm back to majors... Ada is at weekly resistance against eith again.... If it flips the 0.06 level, then good chance it'd continue its rally to 0.08 and 0.1... Good thing is that it might just have created a higher low

Who else remembers this...
On the ada/betece chart (1st pic), Two important weekly levels are labelled 1 (0.3) and 2 (0.37
While I had thought it'd selloff to 0.3, which was the previous high, it seems to be flipping the 0.37 level...

Whats more interesting is ada/eith (2nd pic) I mentioned before... It's now completely flipped the 0.6 weekly level even with this selloff which is quite impressive. All that's left is a bounce.... Funny thing is that I thought eith held up better until I looked at the charts... I'd be keeping an eye on this

Flipping levels on both eith and betece is bullish.
Even in the midst of chaos, there seems to be some pattern...

2 Likes

Re: Crypto Currency Investors Thread by BUGOFF(m): 10:08pm On May 23, 2021
jedisco:


Hehe... What I find funny is how you're calling everyone to come and solve maths for you
lol. I knew this day would come where my supposed buried past would intentionally exhume itself just to haunt my past erring ways. Nor laff o, anoda one na color blindness.. I nor blind but, for bank I dey always ask those Tellers whish wan be pink/blue. LMAO. My wife, knowing this had to start so so early to make the kids recognize/identify colors.
I'll be there, minding my solitude in the midst of their tirades, and they'll be talking COLORS.. atimes, I see it as an affront on my inadequacy. It sucks. Lol
Re: Crypto Currency Investors Thread by jedisco(m): 10:08pm On May 23, 2021
DieRich5:
Update
Tesla buy betec @58 now losing 1 billions grin

Teslas entry was in the low 30k
Re: Crypto Currency Investors Thread by Vaughanlanrewaj: 10:12pm On May 23, 2021
Is this true?

1 Share

Re: Crypto Currency Investors Thread by BUGOFF(m): 10:13pm On May 23, 2021
jedisco:


1. 3 years?... Not advisable to trade alyts that way... Except bitc0in.... The market flows in waves, maximizing those moves saves you stress

2. Why are you keen on those less than $1... That's the mistake most new folks make that sees them chasing micros... What's important is your ROI and sustainability of investment not actually the cost of the coyn... Yeah, micros with minimal value tend to be more volatile in both directions, and most times, if not timed well, you're left with nothing.


As a new person in this space, it may be difficult juggling between coyns. It might be better to start with splitting your portfolio accordingly...

Allocating your portfolio depends on the time of the market cycle you're buying. Betece, Eith, Ada, xrp and one of the newer coyns likt (aave, dot, ksm or uni)... would top my list

Good man . Godspeed.
Re: Crypto Currency Investors Thread by IMAliyu(m): 10:21pm On May 23, 2021
BUGOFF:
just needed to be informed. Who get cash to tie down in uncertainty? Will cast lots on a few low cost coyns, rather. After all, I've lost about 78% of my investment already. But then, I'm liking it, knowledge comes with sacrifice... Imagine I'd been attending my maths class in secondary school, would I have come here to claim Monopoly of my deficiency in calculating percentages?? Mmm..
Well it's never too late to learn.

Half the things I know now despite being taught in school, I didn't learn it from there.
I had to relearn a lot of things, but I was mostly able to do so because I developed an amount of interest in them or discovered their usefulness now.

2 Likes 1 Share

Re: Crypto Currency Investors Thread by FuckHomophobes: 10:40pm On May 23, 2021
Cowbell521:
Go watch wolves of war street He dey Netflix

Gimme login nah my gee ❤️
Re: Crypto Currency Investors Thread by gamaliel9: 10:49pm On May 23, 2021
The omen was true...I saw a bear chase a man...
Re: Crypto Currency Investors Thread by gamaliel9: 10:53pm On May 23, 2021
Gime me coyns that will do 300%.. TRB, BTCST,BAKE , others please
Re: Crypto Currency Investors Thread by Ibime(m): 11:03pm On May 23, 2021
SaintUlot:
Good to see that everybody here is enjoying the bear market. Let's enjoy the bear market while it lasts.

Bear market never start. When you see bear market, you will know. This could just be a downtrend in a bull cycle.

7 Likes

Re: Crypto Currency Investors Thread by olushollys(m): 11:09pm On May 23, 2021
jedisco:


What coyn did you buy?...and at what price?
I'm on BCH and TFuel now.
Bought BCH @790 now burning down to 547
TFuel @ 0.2997 but still on 0.2454
I have entered and sold several coins and lost much
Re: Crypto Currency Investors Thread by Loverboy3333: 11:10pm On May 23, 2021
Ibime:


Bear market never start. When you see bear market, you will know. This could just be a downtrend in a bull cycle.

I wonder how the so called bear market will be if we are experiencing this now

2 Likes

Re: Crypto Currency Investors Thread by htdot: 11:17pm On May 23, 2021
I have made 200k within yesterday and today with 300k capital

4 Likes

Re: Crypto Currency Investors Thread by htdot: 11:18pm On May 23, 2021
I bought poocoin when it was 2.65 and now its 3.75...

1 Like

Re: Crypto Currency Investors Thread by Ibime(m): 11:36pm On May 23, 2021
htdot:
I have made 200k within yesterday and today with 300k capital

Congratulations. Did you buy bogged after the hack today?
Re: Crypto Currency Investors Thread by DieRich5: 11:49pm On May 23, 2021
jedisco:


Teslas entry was in the low 30k
I was wrong
Re: Crypto Currency Investors Thread by essay007(m): 12:07am On May 24, 2021
DieRich5:
Update
Tesla buy btc @58 now losing 1 billions grin
.
Serves Elon Musk right fort this FUD domino effect he caused.
BTC will still rally up tho
Re: Crypto Currency Investors Thread by essay007(m): 12:09am On May 24, 2021
htdot:
I bought poocoin when it was 2.65 and now its 3.75...
You bought recently? Cuz it was $13 at lose point last week
Re: Crypto Currency Investors Thread by Cryto(m): 12:17am On May 24, 2021
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1 Like

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