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Crypto Currency Investors Thread - Investment (868) - Nairaland

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Re: Crypto Currency Investors Thread by DieRich5: 8:52pm On May 24, 2021
mike8804:
Elon musk just said something nice abt btc, the guy na witch. Immediately btc broke out
very nice grin
Finally btc will moon to 50

1 Like

Re: Crypto Currency Investors Thread by nittly(m): 8:54pm On May 24, 2021
ALERT!!! B.TC WILL MOON NOW SOME WHALES JUST TRANSFER NOW!!!!

5 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 8:55pm On May 24, 2021
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...



Out of curiosity... Did anyone snipe some of these entries?
Was a difficult one at the time... But yes, if you bought the dip, you deserve the pump...

P.s... stuff is still in range... Not expecting most coins to start creating ATH as yet.... Difficult to say how far up they'd rally, but as always, a good number who panic sold into major support would fomo in at higher prices to push stuff up...... The daily- weekly candles should serve as a good guide on when to take profits

3 Likes

Re: Crypto Currency Investors Thread by DieRich5: 8:56pm On May 24, 2021
I love Elon musk grin
Re: Crypto Currency Investors Thread by jedisco(m): 9:01pm On May 24, 2021
jedisco:
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

This didn't age badly... It's always darkest before daybreak....
It's worth remembering lessons learnt on this selloff cos it'd occur again and again in future... Always remember... this market flows in cycles.....

5 Likes

Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 9:02pm On May 24, 2021
If you had any doubt that the last dip was orchestrated, the images below should put them to rest.

2 Likes

Re: Crypto Currency Investors Thread by mike8804: 9:02pm On May 24, 2021
mike8804:
Let me make a little guess or prediction, before the end of today btc will click 28k or less and by tomorrow it will start rally towards 40k+.
think I deserve 50% pass mark

2 Likes

Re: Crypto Currency Investors Thread by SamHarruna(m): 9:08pm On May 24, 2021
cool

1 Like

Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 9:08pm On May 24, 2021
jedisco:


This didn't age badly... It's always darkest before daybreak....
It's worth remembering lessons learnt on this selloff cos it'd occur again and again in future... Always remember... this market flows in cycles.....

Biggest lesson is to take profits. Leave moon boys, be smart and take profits.

The last few days will come again.

Imagine people who got OGN at $0.4 watch it go to $10 and refuse to sell. The dip took it back to sub $1 and they regretted not selling.

Don’t be that guy. Sell and take profits.

Selling at loss is a crime, not taking profits is a bigger crime.

Up only is a myth!

19 Likes 2 Shares

Re: Crypto Currency Investors Thread by youngmusty: 9:16pm On May 24, 2021
Please what do you advice i am loosing out on the pump on bnb sold at 310 but its pumping harder was hoping to buy in correction.
But the way its pumping it suprising.
Re: Crypto Currency Investors Thread by CodeBlooded: 9:20pm On May 24, 2021
Wow
Made the biggest wrong decision in trading yesterday. Sold off my doge at 0.25 thinking I’d find a spot to re enter but I seems to have missed it totally. I was already losing before I sold off. Now watching doge pump without me having any even when I was already in minus before. It hurts like hell.

7 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 9:20pm On May 24, 2021
jedisco:
Who else has noticed a significant uptick in USDC and Tether printing since this selloff... Especially USDC? I'm talking of 10-100's of millions..
Though a hard metric to use, but it reminds me of the selloff at 12k

It can be a sign of new money (likely institutional) flowing into the market....
I'd look later to see if the number of wallets holding large sums of betece has been on an increase....

One thing to note is that when large traders buy, they may market buy causing an uptick or immediate pump which folks fomo into to lift prices higher...
Whereas, when institutions buy, it's usually via resting bids which can take days to fill... They wouldn't chase prices. So if it rallies, they wait for it to come back down... That's something to note...e.g like when Tesla nd the rest bought earlier this year, the only notable thing was just that 30k didn't break despite dips to 28k... It was later on after price had lifted and it was announced, that it became obvious that some folks were buying at that level.

The question now is are they buying now or are they waiting for lower prices to ladder in bids

On this, seems 30k was bid heavily..... The printing press was in overdrive

I was looking at the usdc and usdt market cap charts on coinmarketcap (attached)... Though its a lagging one (hence its not a smooth curve)... But almost 10 billion usd was added to the market over these past few days... Not including busd and Tusd which also saw some uptick....

I still believe there's a non-negligible chance that in the future, price may come to dip briefly below 30k to clear all liquidity there... Eitherway, I don't think that happens soon.

3 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 9:22pm On May 24, 2021
OpenHeaven2019:


Biggest lesson is to take profits. Leave moon boys, be smart and take profits.

The last few days will come again.

Imagine people who got OGN at $0.4 watch it go to $10 and refuse to sell. The dip took it back to sub $1 and they regretted not selling.

Don’t be that guy. Sell and take profits.

Selling at loss is a crime, not taking profits is a bigger crime.

Up only is a myth!

Hehe... Nice one...

In summary, it's best to take profits on the way up...so one can have firepower to bid red days

4 Likes

Re: Crypto Currency Investors Thread by emmyniftyyem: 9:24pm On May 24, 2021
lavylilly:
Time to buy more STMX at dip .... It will pump �

Im buying now ☺️

I have great faith and it's not a coincidence that I bought it
STMX can be huge soon �

I'm not allowed to say exactly what it is, but I believe it will be a big hit, and if you trust me then buy it.

This is good time to buy Alts dip and make money ..... Dont miss it
Hope to refer to this some day soon.

1 Like

Re: Crypto Currency Investors Thread by jedisco(m): 9:29pm On May 24, 2021
CodeBlooded:
Wow
Made the biggest wrong decision in trading yesterday. Sold off my doge at 0.25 thinking I’d find a spot to re enter but I seems to have missed it totally. I was already losing before I sold off. Now watching doge pump without me having any even when I was already in minus before. It hurts like hell.

Apologies.... Just learn from it....

During yesterday's drop was about the worst time to sell......
If you're going to close positions to buy lower, then be sure of levels before pulling the trigger.... Cos most times, once stuff starts nuking and you panic sell, you end up selling the bottom...
Most folks who sold yesterday would end up buying higher.

2 Likes

Re: Crypto Currency Investors Thread by hpymoment(f): 9:40pm On May 24, 2021
DieRich5:
i don't think so

Transferred 30k to someone to help me buy a coin for hodl
He suggested matic, i told him it's high @66% that I need to buy when it's low. Now he has sent me matic at 100 and something percent. I wonder how many percent it will appreciate to.

Lesson learned. Don't trust anyone.

3 Likes

Re: Crypto Currency Investors Thread by cluewebhost(m): 9:42pm On May 24, 2021
hpymoment:


Transferred 30k to someone to help me buy a coin for hodl
He suggested matic, i told him it's high @66% that I need to buy when it's low. Now he has sent me matic at 100 and something percent. I wonder how many percent it will appreciate to.

Lesson learned. Don't trust anyone.

Why are you transferring to someone

3 Likes

Re: Crypto Currency Investors Thread by deewhydoski(m): 9:43pm On May 24, 2021
DieRich5:
I love Elon musk grin
What is there to love about, I don't like it when someone is controlling the market. Make him go sit-down abeg.

12 Likes

Re: Crypto Currency Investors Thread by YoungDaNaval(m): 9:43pm On May 24, 2021
Ebowo:









Try this contract address using uniswap on trust WALLET. Remember to pay tithe lolllll....

0x49e833337ece7afe375e44f4e3e8481029218e5c
drop steps to run am boss
Re: Crypto Currency Investors Thread by jedisco(m): 9:45pm On May 24, 2021
OpenHeaven2019:
If you had any doubt that the last dip was orchestrated, the images below should put them to rest.

Hehe... It's same cycle that keeps recurring

Whales sell into euphoria for a while (this time at 60k)>> afterwards, the FUD mill goes on and all the bad news starts reeling out>>they then start market selling causing a dip, at first>>folks are buying and longing the dip but with persistent selling, they cause a capitulation cascade of leveraged traders to fill their resting bids below>>of course there'd be a bounce and not all their bids are filled>>they sacrifice some betece and market sell into the bounce and thesame time adding more FUD (remember the new china release 2 days ago), this time, new folks capitulate and sell their bags at a loss into support>>>When they're done buying, they increase the volume on the positive news>>>Folks who recently sold at a loss will then FOMO into the pump...

People are saying its Elon musk that caused the pump... Not necessarily... Those who caused it where the whales who were buying 30k past few days... Now, retail is pumping the news.... Don't be surprised there's more good news over the next few days of what institutions bought at 30k causing further FOMO

11 Likes

Re: Crypto Currency Investors Thread by cluewebhost(m): 9:47pm On May 24, 2021
DieRich5:
I love Elon musk grin

I don't.

1 Like

Re: Crypto Currency Investors Thread by hpymoment(f): 9:56pm On May 24, 2021
cluewebhost:


Why are you transferring to someone

My binanance have not been verified.
Re: Crypto Currency Investors Thread by youngmusty: 10:00pm On May 24, 2021
What do you think will we be seeing a red or correction soon i dont want to buy pump dip... lol
Re: Crypto Currency Investors Thread by IMAliyu(m): 10:08pm On May 24, 2021
DieRich5:
I love Elon musk grin
Just a week ago, people wanted him dead grin

3 Likes

Re: Crypto Currency Investors Thread by CodeBlooded: 10:10pm On May 24, 2021
jedisco:


Apologies.... Just learn from it....

During yesterday's drop was about the worst time to sell......
If you're going to close positions to buy lower, then be sure of levels before pulling the trigger.... Cos most times, once stuff starts nuking and you panic sell, you end up selling the bottom...
Most folks who sold yesterday would end up buying higher.


What do you suggest I do now ?
Re: Crypto Currency Investors Thread by cluewebhost(m): 10:21pm On May 24, 2021
youngmusty:
What do you think will we be seeing a red or correction soon i dont want to buy pump dip... lol

This fear would vanish in a few days,
New people would FOMO into the market.

Dead coins would moon, more people would fly in

Then we get back here grin

3 Likes

Re: Crypto Currency Investors Thread by Goodoption(m): 10:21pm On May 24, 2021
mike8804:
haven't transfer, just show that to compare the price in order to confirm the real value token. Am also waiting for a spare ETH, since person don burn small for this correction

Boss how did you transfer from atomic to trust wallet

And did you think is real
Re: Crypto Currency Investors Thread by Ibime(m): 10:25pm On May 24, 2021
Goodoption:


Boss how did you transfer from atomic to trust wallet

And did you think is real

It's not real. Someone brought it here last month and we checked it

4 Likes

Re: Crypto Currency Investors Thread by DieRich5: 10:25pm On May 24, 2021
deewhydoski:

What is there to love about, I don't like it when someone is controlling the market. Make him go sit-down abeg.
reason: the rich will always use the poor to make money.
Elon musk and China create FUD so dat Dem can buy d dip again at low rate.
Now we think like d rich: don't sell@loss, if u gat money buy d dip
So if Dem control d market na win win

3 Likes

Re: Crypto Currency Investors Thread by GRACEGLORY: 10:26pm On May 24, 2021
mike8804:
Elon musk just said something nice abt btc, the guy na witch. Immediately btc broke out

It’s called, Power❗️



Meanwhile....

Re: Crypto Currency Investors Thread by Ibime(m): 10:28pm On May 24, 2021
jedisco:


Hehe... It's same cycle that keeps recurring

Whales sell into euphoria for a while (this time at 60k)>> afterwards, the FUD mill goes on and all the bad news starts reeling out>>they then start market selling causing a dip, at first>>folks are buying and longing the dip but with persistent selling, they cause a capitulation cascade of leveraged traders to fill their resting bids below>>of course there'd be a bounce and not all their bids are filled>>they sacrifice some betece and market sell into the bounce and thesame time adding more FUD (remember the new china release 2 days ago), this time, new folks capitulate and sell their bags at a loss into support>>>When they're done buying, they increase the volume on the positive news>>>Folks who recently sold at a loss will then FOMO into the pump...

People are saying its Elon musk that caused the pump... Not necessarily... Those who caused it where the whales who were buying 30k past few days... Now, retail is pumping the news.... Don't be surprised there's more good news over the next few days of what institutions bought at 30k causing further FOMO




So what do we now boss?

I'm watching from the sideline with red eye. My $31k bid never clocked in.

What would you do in this position. Wait for breakout or retest or FOMO?

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Goodoption(m): 10:39pm On May 24, 2021
Thanks bossy


Someone brought same amount of that value coin but in different price

Does it have two ministry grin

Let me know if I'm in odumeje's custody. undecided

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