Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,489 members, 7,819,778 topics. Date: Monday, 06 May 2024 at 11:03 PM

Crypto Currency Investors Thread - Investment (887) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3317325 Views)

The Metaverse Investors Thread / NFT Investors Thread / Sh!t Coin Investors Thread (2) (3) (4)

(1) (2) (3) ... (884) (885) (886) (887) (888) (889) (890) ... (3652) (Reply) (Go Down)

Re: Crypto Currency Investors Thread by darediamond(m): 11:39pm On May 27, 2021
FaruqMadridCr7:
Evening guys,I stumbled on this thread this evening,I started reading from the beginning but it's too many I've to skip many pages and jump here, I've read some useful information on the wonderful thread
I'm a novice in this thing,zero experience lipsrsealed
I think I will have to start by downloading LUNO.
I want to invest pls,you guys should helpe with the next move,as at now,when should I buy
Thanks cool

No, Start on AND stick with Binance alone

2 Likes

Re: Crypto Currency Investors Thread by darediamond(m): 11:49pm On May 27, 2021
jedisco:
That bitc0in is pumping/bouncing does not mean its bullish and that it's not stagnant does not mean it's bearish....

Looking back, bitc0in showed bearish tendencies for sometime when it was bouncing off 50k to 60k...yet most in the market thought it was bullish....

P.S.... this is not a bearish or bullish post... It's simply about knowing your invalidation points and when to change bias so one doesn't keep flip-flopping
When people lack adequate knowledge about Trading tradeable assets, they tend to make serious mistake about what A PROFITABLE TRADING IS.

Making profit continually is About Time.

Timing as to The Rigth TIME To Buy And Sell not once nor twice, but continually.

When a trader understands this MAIN FACT, all He Or Would Be Thinking About Is AVAILABILITY OF EVER ONGOING PRICE FLUNCTIONS IN ANY MARKET.

It is From the constant price fluctuations that PROFITS are regularly extracted.

There Never A People The Market is Not Bullish and At the Same time Bearish. It o ly depends on your view of the Market.

Free Money Is Always Available to share

1 Like

Re: Crypto Currency Investors Thread by Loverboy3333: 11:54pm On May 27, 2021
darediamond:

When people lack adequate knowledge about Trading tradeable assets, they tend to make serious mistake about what A PROFITABLE TRADING IS.

Making profit continually is About Time.

Timing as to The Rigth TIME To Buy And Sell not once nor twice, but continually.

When a trader understands this MAIN FACT, all He Or Would Be Thinking About Is AVAILABILITY OF EVER ONGOING PRICE FLUNCTIONS IN ANY MARKET.

It is From the constant price fluctuations that PROFITS are regularly extracted.

There Never A People The Market is Not Bullish and At the Same time Bearish. It o ly depends on your view of the Market.

Free Money Is Always Available to share

Writing that looks perfect to you like you are the one controlling the wicks, buy here, sell here.
very easy to say, if it is that easy I'm sure you for don turn 100$ to 100m$

7 Likes

Re: Crypto Currency Investors Thread by darediamond(m): 12:06am On May 28, 2021
Loverboy3333:


Writing that looks perfect to you like you are the one controlling the wicks, buy here, sell here.
very easy to say, if it is that easy I'm sure you for don turn 100$ to 100m$
I have already said it all: the way you trade determines whether you remain in the trend or always get caught up in the Market.

The market price is always going up and down and if you do not know how to profit from that, you must simply stay away from CRYPTO TRADING WHICH I FOR ONE TAKE AS A JOB.

Many Nigerians just BLINDLY BUY AND SELL. They have no proper Timing Of Buying AND selling. That is a Form of GAMBLING!!!

To time your Trades, you must either know how to use tradional Indicators like Stoch. R.S.I and Bollinger Bands and or More Advance But Extremely SIMPLE 'To Apply Chart Open and Closed Position Pointers like the one displayed in the attached image( that is what I am using).

As Long as Electricity is still being supplied to those thousands of Super Computers Used For Mining, Money will always be available in crypto Market.

1 Like

Re: Crypto Currency Investors Thread by Nobody: 12:09am On May 28, 2021
.
Re: Crypto Currency Investors Thread by Burchester: 12:24am On May 28, 2021
jedisco:
On the current Naira dilemma

Who else has noticed the rat race between the official rate and market rate? For the past 6 years, the official rate has been chasing the market rate....
Fact is as far as some privileged people can access the naira at 410 to a dollar for whatever reason while the market rate is 500, the Naira is guaranteed to continue in a downward slide...

That's part of the reasons why a good number are in crypt0 and the reason I had to liquidate most of my naira investments a few years back....
Over the last 10years, someone who simply held the dollar would have performed better than 99% of those invested on the NSE... I remember sharing how 1000usd worth of First bank shares bought at 14naira per share in 2011 will be worth 120 usd today...

This is not advising folks to trade crypt0 as that's a personal decision. But then, the good thing is that folks can benefit from opportunities that abound in crypt0 without trading.
One can simply buy stable coins and stake for a fixed duration with rates of upto 7%apr... by holding stables at that rate, you're performing better than almost all naira denominated investments while avoiding the volatility in crypt0. Whenever the CBN decides to stop subsidizing the naira, and both rates merge, you can easily sell back into naira.

Like I tell people, if you lose in crypt0, you have no one to blame except yourself.

This is also beneficial to crypt0 investors as we've come to see.. Bitc0in has had >25% dips each month for the past 4-5months... buying the right ones is an easy way of making money in a bull run. It's not all about owning a coyn... Having fiat to buy the right dip is also important. Locking in profits is an easy way to make sure you don't tamper with them

Which app is this ?
Re: Crypto Currency Investors Thread by Elsueno: 1:33am On May 28, 2021
You guys know domiciliary accounts are free right?
Don't put all ur USD in one basket, instead have several

2 Likes

Re: Crypto Currency Investors Thread by bigx(m): 2:58am On May 28, 2021
Elsueno:
You guys know domiciliary accounts are free right?

Don't put all ur USD in one basket, instead have several
Free and no interests.
Too many flip flopping regulations on them.
Stopped using mine last year I'd rather put my USD in soak away and risk rats eating it grin

3 Likes

Re: Crypto Currency Investors Thread by bigx(m): 3:03am On May 28, 2021
jedisco:

One can simply buy stable coins and stake for a fixed duration with rates of upto 7%apr... by holding stables at that rate, you're performing better than almost all naira denominated investments while avoiding the volatility in crypt0. Whenever the CBN decides to stop subsidizing the naira, and both rates merge, you can easily sell back into naira.


Very true.

I was never interested in the "earn" tab till the market started acting drunk and it's actually good.

No bank gives those rates even for naira, only FGN bonds are close (Eurobonds are great too).

I've been getting my shikini interest everyday in my spot account grin

2 Likes

Re: Crypto Currency Investors Thread by Justnice11: 3:36am On May 28, 2021
goodmorning everyone.

i'm a newbie here

How can i deposit funds to my binanace... The debit card option isn't working
Re: Crypto Currency Investors Thread by bigx(m): 3:42am On May 28, 2021
Justnice11:
goodmorning everyone.

i'm a newbie here

How can i deposit funds to my binanace... The debit card option isn't working
P2P
Re: Crypto Currency Investors Thread by fredwill1357(m): 5:04am On May 28, 2021
Hello house, is it OK to leave large sums of money in my cryptocurrency platform? What is the possibility and chance of the company shutting down and disappearing with my money?

PS: I am worried because of what I heard of defi

3 Likes

Re: Crypto Currency Investors Thread by yazga: 6:30am On May 28, 2021
fredwill1357:
Hello house, is it OK to leave large sums of money in my cryptocurrency platform? What is the possibility and chance of the company shutting down and disappearing with my money?

PS: I am worried because of what I heard of defi
Why do you want to do that?
Re: Crypto Currency Investors Thread by yazga: 6:34am On May 28, 2021
Sambai65:
Why almost all the naija trader in binance using kuda bank, I have been find difficult to buy just,the platform i am using to transfer doesn't have kuda bank
55 free transfers
No charges
This is what businesses wants.

5 Likes

Re: Crypto Currency Investors Thread by Nobody: 6:36am On May 28, 2021
God day everyone, if you wanna join the biggest group of crypto traders in Nigeria, join crypknights group where you will meet like minded individuals, trading signals, airdrop notifications, quick trades, potential coins to bag, and all terms used in crypto trading, I would drop the group link here but somehow it doesn't work so 08071234240 send a whatsapp text add me and you I'll be added,

Re: Crypto Currency Investors Thread by Nobody: 6:40am On May 28, 2021
fredwill1357:
Hello house, is it OK to leave large sums of money in my cryptocurrency platform? What is the possibility and chance of the company shutting down and disappearing with my money?

PS: I am worried because of what I heard of defi
you actually can in binance app via usdt you can store them away there but knowing the uncertainty of everything it wont be wise, but as far as it goes binance is trusted
Re: Crypto Currency Investors Thread by yazga: 6:41am On May 28, 2021
Binance
New listed: #LPTBTC,#LPTUSDT

1 Like

Re: Crypto Currency Investors Thread by yazga: 6:42am On May 28, 2021
DCYP:
you actually can in binance app via usdt you can store them away there but knowing the uncertainty of everything it wont be wise, but as far as it goes binance is trusted
Trove is also a good app to store your $
Re: Crypto Currency Investors Thread by fredwill1357(m): 6:45am On May 28, 2021
yazga:
Why do you want to do that?
Because of naira devaluation and to earn interests.

2 Likes

Re: Crypto Currency Investors Thread by MasonKendall(m): 6:51am On May 28, 2021
TotoNaRubber:
I will invest in you between 50$ to $2000 per week for 10 percent equity.

All you need to do is quote me with any coin of your choice to be purchased and held by me. Quote me with the coin between Thursday to Sunday, sell off will be between Monday to Wednesday and you shall be credited with 10 percent of the profits every week until July 1st when offer ends.

Note: I invest in good coins like BNB, YFI and others and not shitcoins.


invest in qtum
Re: Crypto Currency Investors Thread by bigx(m): 7:06am On May 28, 2021
fredwill1357:
Hello house, is it OK to leave large sums of money in my cryptocurrency platform? What is the possibility and chance of the company shutting down and disappearing with my money?

PS: I am worried because of what I heard of defi

MyCelium, Edge, Exodus, etc.

You have the private keys there so even if they shut down you simply import your wallet to another provider and continue.

No interests though

4 Likes

Re: Crypto Currency Investors Thread by GreatManBee: 7:14am On May 28, 2021
elmoduddah:


Just one. Except it doesn’t give me my target, then i enter another trade till my target is met. In most cases, the coins i buy are at their all time low and show signs of moving upward
How do you get these all time low coins and what are the signs to look out for that they are about to move upward?

2 Likes

Re: Crypto Currency Investors Thread by Olamyyde(m): 7:15am On May 28, 2021
Trex4:
If you check their rates, you'll notice their BUY rates are always lower than their Sell rates.. (Like they buy at 480 and sell at 505). So you can make profit by buying low and selling high. Might seem small but if you do it in bulk you'll get higher profits. But not only USDT sha. Even BUSD/BTC/BNB and ETH too.

Or sometimes Usdt from your crypto profits (Like an airdrop or X30 trade) you can sell those there too.
Thank you very much.
Re: Crypto Currency Investors Thread by fredwill1357(m): 7:20am On May 28, 2021
bigx:


MyCelium, Edge, Exodus, etc.

You have the private keys there so even if they shut down you simply import your wallet to another provider and continue.

No interests though
Can the wallet itself shutdown?
Re: Crypto Currency Investors Thread by janga(m): 7:21am On May 28, 2021
bigx:


MyCelium, Edge, Exodus, etc.

You have the private keys there so even if they shut down you simply import your wallet to another provider and continue.

No interests though

well binance doesn’t have a private key bcz it’s an exchange and not a private wallet. unless u’re talking about api key for interacting with binance trading account
Re: Crypto Currency Investors Thread by Ibime(m): 7:31am On May 28, 2021
Neverlosemoney:

If my memory still serves me well, I am sure she promised us her Nudes, if KSM fails to cross $2000. Please, openheaven2011 it’s time to honor your words. Your artwork will make a valuable, rare, solid, beautiful NFT and will fetch us quite a token amount of money on the auction market. That will be a great consolation for us during this trying moment cry. Please, do the needful.

grin grin grin
Re: Crypto Currency Investors Thread by janga(m): 7:47am On May 28, 2021
janga:



Yesterday, $btc was playing a double top button which is a bearish pattern and its pushed it down till it find support on $37621 and it’s trying to retest $40k zone which will mostly a short zone and take profit area for some trader. if btc rejected at $40k this time, then it will come down to $36500 and if breakdown below it, then we retest $31k again.. i dunno if chart is allowed in here


$36500 done!! $btc is showing head and shoulder which is a bearish pattern in 1 and 4hours timeframe, so we’re likely to pull down to $31k this weekend to complete the trend. well i dunno exactly the time but let me predict like around 5pm today so brace for big volatility and am already on short position. i think my analysis is really not needed in here too

7 Likes

Re: Crypto Currency Investors Thread by fergieboy: 7:50am On May 28, 2021
FaruqMadridCr7:
ohhh, thank you for this smiley I will try binance
Forget binance it’s too complicated

Download bundle for a start before moving to binance

1 Like 2 Shares

Re: Crypto Currency Investors Thread by bigx(m): 7:50am On May 28, 2021
fredwill1357:
Can the wallet itself shutdown?

Some wallets get abandoned.

When I first bought bitcoin I was using Multibit, after a few years I logged in and had to move the wallet to multibit HD
That too was abandoned then the fork happened so moved to electrum and electron cash.
Now I use none just have the address and key.

Same address for 8 years but multiple wallets

1 Like

Re: Crypto Currency Investors Thread by yazga: 7:52am On May 28, 2021
fredwill1357:
Because of naira devaluation and to earn interests.
Use Trove wallet convert your monies to $. Kindly check signature
Re: Crypto Currency Investors Thread by DieRich5: 7:58am On May 28, 2021
janga:



$36500 done!! $btc is showing head and shoulder which is a bearish pattern in 1 and 4hours timeframe, so we’re likely to pull down to $31k this weekend to complete the trend. well i dunno exactly the time but let me predict like around 5pm today so brace for big volatility and am already on short position. i think my analysis is really not needed in here too
nobody knows it all.....pls drop, all information is gold here grin

1 Like

Re: Crypto Currency Investors Thread by PeaceIlya: 8:03am On May 28, 2021
yazga:
Is this still valid as at May?
Read the disclaimer

(1) (2) (3) ... (884) (885) (886) (887) (888) (889) (890) ... (3652) (Reply)

Treasury Bills In Nigeria / Nigerian Stock Exchange Market Pick Alerts

Viewing this topic: Samdebest, Kobicove(m) and 5 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 47
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.