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Crypto Currency Investors Thread - Investment (891) - Nairaland

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Re: Crypto Currency Investors Thread by janga(m): 9:20pm On May 28, 2021
jedisco:


With leverage trading, the general advice is that if you feel the need to share your unrealised profits, then perhaps it's time to take profits


it’s been a while am into the game so nothing like unrealised profits to me. well am a leverage day to day trader and mostly trading on future. spot trader is like nothing to me

2 Likes

Re: Crypto Currency Investors Thread by afroxyz: 9:31pm On May 28, 2021
Elsueno:


Alot of Nigerians drive pleasure in exploiting thier fellow brothers/sisters while cursing the elites for same treatment. If not, I see no reason why a person will even be selling digital dollar at almost #500 naira while physical can be gotten for 470-480.

If I had excess BUSD I would have continually crashed thier rates cheesy

I wpuld not call it exploitation but business. They are also hedging against the further fall of the naira. You should factor in opportunity cost when making trades.

1 Like

Re: Crypto Currency Investors Thread by afroxyz: 9:56pm On May 28, 2021
GRACEGLORY:




Whether we agree with Musk or not isn't the point. The point is that factors like environmental impact, speed of transactions, or network security could cause people to eventually agree upon a different cryptocurrency as a better store of value.

While we’re searching the dip, and buying the dip, let’s look out for the most technologically-advanced cryptocurrencies with the most value-additive applications. That’s how to make a gain out of this crash and new coins crisis.


Edited


Take this strongly as a financial advise

40% of Betece mined is done using renewables. Betece mining has less carbon emissions than banks. Leave that enviromentaL stuff. You want to take the words of someone that sells carbon credits and solar batteries.

13 Likes

Re: Crypto Currency Investors Thread by Ronin1: 10:06pm On May 28, 2021
Thyes:

Binance issued a warning recently about this


Avoid such person,do not patronize him

I had to sell a little USDT today to buy data and that's when I realised that 99% of these guys that push low volume (<100 USDT) do this. They want crowd funding and they're not being nice about it at all. They'd confidently tell you to fück off in their terms if you're not cool with, like I'm supposed to pay you again for selling my coin to you?

This guy today won't even let me receive the little part of the money he agreed to pay as per "his terms" and immediately ran to appeal. Said I was trying to scam him too even as I showed him my account statement to show the money had not yet entered. Las las na customer support separate fight

3 Likes

Re: Crypto Currency Investors Thread by Neverlosemoney: 10:16pm On May 28, 2021
TotoNaRubber:
It's because the cryptocurencies are only decentralised by word of mouth. All the cryptos are built on BTC, the mathematical network causing upward and downward movement on BTC is imitated by every other cryptocurrency's own mathematical network, the builders of these cryptos don't know the exact mathematical algorithm Bitcoin works on so all they do is imitate it and upgrade from time to time.

Bitcoin operates on 1:M relationship, with that it is difficult for it to even get to $100k cos new alts emerge everyday and the more demand the more expensive a crypto gets.

A typical example; if you have 3 toto in front of you. You chook prick inside Toto1, you put finger inside Toto2, you put tongue inside Toto3. All of them gets excited and you tell your friends about it and they all come for a taste of it, that is crypto right there. Now replace yourself with BTC, Toto1 as ETH, Toto2 as YFI, Toto3 as BNB, yours friends as buyers.

Hope you get it now.

Lol…….If I may ask, what is the inspiration behind your moniker?
Re: Crypto Currency Investors Thread by nnadychuks(m): 10:24pm On May 28, 2021
Neverlosemoney:

Lol.....At the bolded, you mean all the people signing up for this shīt are just there to help you earn grin. No free lunch in this Life. It is either you use someone and move up the ladder or someone else use you to move up the ladder, there is no neutral angry!!!!!!!! The more Lives you can use, the higher you can go. Who set that Rule
thanks for your quotes. You didn’t say anything tho, just catching vibes I guess... in short, just pass. Don’t reply me again pls.
Re: Crypto Currency Investors Thread by nnadychuks(m): 10:32pm On May 28, 2021
DenreleDave:


Go meet ur pastor.. Mum and dad too, grandpa and grand ma... Show me evidence......

Show me ur picture evidence of ur dad ń mum referral status
I’m in my early 20s but I believe say I get sense pass some ppl even in their late 30s. Age is just a number. Can you imagine what someone is typing, just cos they’re privileged to access the internet? What’s wrong with my post? Is it offensive? Did I spam? Did I use hate speech? What’s biting you now? Abeg oo. I didn’t want to reply you cos teenagers in jss1 now have smartphones, so not every quotes or replies should be treated with importance. Just ignore or at least talk nicely to strangers.
Nairaland is now a home for ill mouthed individuals with poor home training...

2 Likes

Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 10:40pm On May 28, 2021
OpenHeaven2019:
Please don’t leave any of your position open. Set stop loss.

Remember this!

1 Like

Re: Crypto Currency Investors Thread by SteveOfu: 10:50pm On May 28, 2021
� #BTC $BTC:

Possible S/R levels and scenarios to keep in mind! $35K level is very important and should hold. If $35k fails then i would set my eyes on $32K levels which if fails will open doors to much lower support levels. For bullish scenario, price needs to move above $40K to reach $45k-$47K levels.
Re: Crypto Currency Investors Thread by simplepee(f): 10:50pm On May 28, 2021
Ronin1:
What's this new craze of people charging extra ₦100 on P2P trades? People can't just be content without looking for ways to extort?
Omo, I thought I was the only one that find it very disgusting

1 Like

Re: Crypto Currency Investors Thread by Bunsenbun(m): 11:02pm On May 28, 2021
TotoNaRubber:
It's because the cryptocurencies are only decentralised by word of mouth. All the cryptos are built on BTC, the mathematical network causing upward and downward movement on BTC is imitated by every other cryptocurrency's own mathematical network, the builders of these cryptos don't know the exact mathematical algorithm Bitcoin works on so all they do is imitate it and upgrade from time to time.

Bitcoin operates on 1:M relationship, with that it is difficult for it to even get to $100k cos new alts emerge everyday and the more demand the more expensive a crypto gets.

A typical example; if you have 3 toto in front of you. You chook prick inside Toto1, you put finger inside Toto2, you put tongue inside Toto3. All of them gets excited and you tell your friends about it and they all come for a taste of it, that is crypto right there. Now replace yourself with BTC, Toto1 as ETH, Toto2 as YFI, Toto3 as BNB, yours friends as buyers.

Hope you get it now.

Can you please stfu. grin
Re: Crypto Currency Investors Thread by elmoduddah: 11:02pm On May 28, 2021
Newbies please be careful. Don’t lose money to scammers. Read and do research if at all you feel the need to part with your money to anyone. Not even advisable. You can do all of these yourself. Stay safe anyway

1 Like

Re: Crypto Currency Investors Thread by Bunsenbun(m): 11:06pm On May 28, 2021
elmoduddah:
Newbies please be careful. Don’t lose money to scammers. Read and do research if at all you feel the need to part with your money to anyone. Not even advisable. You can do all of these yourself. Stay safe anyway
Whoever got scammed with that is by nature greedy.They sre no different from the scammer themselves grin

1 Like

Re: Crypto Currency Investors Thread by MrCodeSolo: 11:09pm On May 28, 2021
Over-greed is eating the inner fibre of our own sanity...you no know jackshit in crypto trading? Oya! Go cash the dollar quick before d coin price fall drastically

1 Like

Re: Crypto Currency Investors Thread by elmoduddah: 11:12pm On May 28, 2021
GreatManBee:

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?

Trends and patterns using the charts. YouTube videos will explain better
Re: Crypto Currency Investors Thread by jedisco(m): 11:12pm On May 28, 2021
SteveOfu:
You got this all wrong. Watch out for pi

No p.... I'm watching

3 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 11:13pm On May 28, 2021
mike8804:
well I understand, but I had the same belief until I tried my hands on phoneum, mined 20k PCs and sold it on probit

Toh... No wahala...
I got no interest in pi just yet

1 Like

Re: Crypto Currency Investors Thread by jedisco(m): 11:14pm On May 28, 2021
janga:



it’s been a while am into the game so nothing like unrealised profits to me. well am a leverage day to day trader and mostly trading on future. spot trader is like nothing to me

Ok then...

I don't trade leverage... To me, crypt0 is volatile enough to make money trading spot

2 Likes

Re: Crypto Currency Investors Thread by FaruqMadridCr7(m): 11:30pm On May 28, 2021
fusionchimera:
or you can try FTX . Easy to use for newbies, you also get to withdraw tokens free of charge(they pay for transaction fees)
thanks cheesy cheesy cheesy
Re: Crypto Currency Investors Thread by DieRich5: 12:28am On May 29, 2021
angry WTF so kucoin don Dy list shitçoin
Elon coin undecided

Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 12:36am On May 29, 2021
Behold, is winter upon us?

Are we in the phase where we buy the dip and keeps getting deeper?

This same scenario happened in 2018. I will advise everyone to tidy his/her positions. Look at the monthly charts we've been having higher highs of green candles. Let's not make greed the order of the day. If you are in it for the tech, then HODL away.


But note this. Most HODLs will likely turn dust... Stay safe everyone i cares for y'all.

5 Likes 1 Share

Re: Crypto Currency Investors Thread by Kellyemmss: 12:40am On May 29, 2021
Aunty ADA

3 Likes

Re: Crypto Currency Investors Thread by ojialo(m): 12:44am On May 29, 2021
1billion SAFEMOONCASH for sale 2k WhatsApp or call 090.34540444
Re: Crypto Currency Investors Thread by bigx(m): 1:44am On May 29, 2021
OpenHeaven2019:
Behold, is winter upon us?

Are we in the phase where we buy the dip and keeps getting deeper?

This same scenario happened in 2018. I will advise everyone to tidy his/her positions. Look at the monthly charts we've been having higher highs of green candles. Let's not make greed the order of the day. If you are in it for the tech, then HODL away.


But note this. Most HODLs will likely turn dust... Stay safe everyone i cares for y'all.

As at right now, apart from my old BTC I don't touch, 80% of my trading account is in fiat (usdt, usdc, gbp - mostly gbp I buy whenever it goes below 1.4, $ is devaluing), of the remaining 20% in coins, 90% is in majors.

I'd be accumulating majors till further notice whenever I see a dip.

I've cleared out all leverage too.

Worst case we have to hold for months, best case in a few weeks we are back to green but either way what I'm holding would lead the recovery grin

2 Likes

Re: Crypto Currency Investors Thread by Thyes: 1:51am On May 29, 2021
afroxyz:


I wpuld not call it exploitation but business. They are also hedging against the further fall of the naira .You should factor in opportunity cost when making trades.

They decide their price not binance
I see no reason why they'd decide to sell at a price that suits them and still add additional price,for what?

Most of them use kuda bank that gives 55 free transfers per month and binance doesn't charge for p2p transaction

Are you one of them

4 Likes

Re: Crypto Currency Investors Thread by Kellyemmss: 2:18am On May 29, 2021

1 Like

Re: Crypto Currency Investors Thread by Infogetong(f): 2:54am On May 29, 2021
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Re: Crypto Currency Investors Thread by nittly(m): 3:09am On May 29, 2021
janga:



it’s been a while am into the game so nothing like unrealised profits to me. well am a leverage day to day trader and mostly trading on future. spot trader is like nothing to me
bro do you have a group, because I also trade future
Re: Crypto Currency Investors Thread by Innoxxacs: 3:11am On May 29, 2021
nittly:
bro do you have a group, because I also trade future
Yeah I do have 1 both on Telegram and WhatsApp (both free) where I share my calls

1 Like

Re: Crypto Currency Investors Thread by Innoxxacs: 3:12am On May 29, 2021
nittly:
bro do you have a group, because I also trade future
you t..r.ade fut..ur..res too?

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