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Crypto Currency Investors Thread - Investment (909) - Nairaland

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Re: Crypto Currency Investors Thread by haywire07(m): 2:10pm On Jun 03, 2021
Guys, I have another stupid question all in one day so terrible of me I guess....

Why do some people suggest that you convert your coin to USDC before selling via p2p?

Why can't I just decide to sell directly via p2p bank transfer?

2. I have XRP but I can't find the option to sell it under P2p (Binance) does it mean, I have to covert it to another coin first?
Re: Crypto Currency Investors Thread by Solmorg(f): 2:14pm On Jun 03, 2021
Ritapearlydove:


Now in gains

Profit taken. Tanku cheesy
how do you take profit pls, I would love to know. I use binance exchange thanks
Re: Crypto Currency Investors Thread by EngageMe: 2:15pm On Jun 03, 2021
Hello bosses, please how do I make use of this voucher?

Binance keep disturbing me about it everytime but I don't even know how it works

2 Likes

Re: Crypto Currency Investors Thread by essay007(m): 2:22pm On Jun 03, 2021
haywire07:
Guys, i'm here with my stupid question

Guys, I want to sell my crypto for the first time in Binance and I added my bank details last night.

But when I tried to sell, I get to a page where I see "payment method not supported"

What am I to do?
Did you select/use bank transfer option?
Re: Crypto Currency Investors Thread by Ritapearlydove(f): 2:22pm On Jun 03, 2021
Solmorg:
how do you take profit pls, I would love to know. I use binance exchange thanks

I convert back to usdt
Re: Crypto Currency Investors Thread by Mfunkynation(m): 2:25pm On Jun 03, 2021
Solmorg:
how do you take profit pls, I would love to know. I use binance exchange thanks
Taking profit is simply.
You buy at $0.02 n sell all at $0.08.

2 Likes

Re: Crypto Currency Investors Thread by Reeefe(m): 2:30pm On Jun 03, 2021
Mfunkynation:

Taking profit is simply.
You buy at $0.02 n sell all at $0.08.

do u rebuy at the say initial amount u bought at new rate?
ie: buy 10$ ×0.02
sell at 0.08

and rebuy another $10 worth at current price?
Re: Crypto Currency Investors Thread by Mfunkynation(m): 2:32pm On Jun 03, 2021
Reeefe:


do u rebuy at the say initial amount u bought at new rate?
ie: buy 10$ ×0.02
sell at 0.08

and rebuy another $10 worth at current price?
You sell to get ur capital n profit. Then wait for another opportunity to enter..
It may not be at 0.02 again.

4 Likes 1 Share

Re: Crypto Currency Investors Thread by Soleye24(m): 3:11pm On Jun 03, 2021
nwele2017:
Hello everyone it's been here.
Today I will sharing with you all things to look out for before investing in newly minted coin

There is a lot number of tokens being released every day, lot of them land up on poocoin ape. However, over time, many of them get rugpulled or dumped, even after promising all the safety in their marketing posts or websites. For early investors, it is absolutely critical to do their own research before investing. And yet do it quickly, after all you do want to be an early investor.

Strategy: Here are the six key metrics, which I have successfully used in the past to evaluate freshly minted tokens:

1 Token Ownership: Whether there is an owner with special privileges over the token or it has been renounced by assigning contract ownership to a burn address. Keep in mind while renouncing ownership is a good practice, token developers (devs) can still hardcode privileges into their token contract.
2. Token Burn: The percentage reduction in available token supply by transfer to a burn address (typically 0x00..0 or 0x00..dead addresses which have no keys and cannot swap tokens). When devs burn tokens, they reduce their share and minimize the likelihood of a dump. The important thing though is to pay attention to the remaining supply (which is the new 100% or total "tradable" supply) and ensure that a substantial chunk has been added to the liquidity pools (covered in later metric on Liquidity Pool Token allocation)
3. Liquidity Pool Value: The value of liquidity pools (LP) in USD. It is an important metric for a newly released coin. To facilitate trading over an exchange like PancakeSwap, devs have to create a liquidity pool (LP). Since LPs are created by pooling in BNB or other tokens of value, it represents an investment and commitment from the devs. A 100K worth of BNB thrown in to create an LP pool is a good sign. However high LP value alone is not enough, and it is also important to consider LP token allocation and lock time (coming up next).
4.Liquidity Pool Token allocation: The percentage of "tradable" token supply allocated to the liquidity pools. This is easily the most overlooked metric for a new token. After releasing a token, devs own the entire supply. They might burn some, airdrop or presale few. However, they would typically still own most of the "tradable" supply. To improve optics, they may distribute it over multiple wallets with no whale visible in holders list. If a high percentage of "tradable" token supply is allocated to LPs (which should be locked btw, more on that later), devs share is reduced and they cannot benefit from dumping their share. Otherwise, only with a small appreciation in the token price, they can benefit by dumping their share. For an intuitive idea, if devs own 90% "tradable" supply of a token, and have created a high value LP with 10% tokens, when devs dump all their share they will get back 90% (actually more than that) of their LP investments even if no one else ever traded their tokens. And when they manage to get few people to buy and increase the token prices, devs can make hefty profits even with locked LP. For newly released tokens, LP Token allocation percentage should be as high as possible, yes 100% is ideal but a 20ish % number is generally good indicator.
5. Locked Liquidity: The percentage of liquidity locked today so that devs cannot withdraw the liquidity (the famous rugpull which probably needs no further elaboration). Devs would renounce their right to withdraw liquidity by locking their LP tokens in a timed locker. Generally well known third party lockers like DxSale or Cryptex inspire the confidence rather than a custom locker contract.
6. Locked Liquidity Time: The percentage of liquidity locked, one year from now. This is arguably the most important insight. Devs might have locked liquidity for few months, which means they will just need to wait it out, before they can rugpull.

You do not need to be green on all these metrics, but these are some good indicators to vet out new projects.
Be sure to do your own diligence. Assume that every new project you see is a scam/rug/honeypot until proven otherwise. Use tools such as http://www.bscheck.eu/ and https://tokensniffer.com to help you determine if this project is legitimate, but do not solely rely on these tools.
I also have a bot that checks some these things.

You can join my WhatsApp group where I do make calls of coins that goes 100x on a daily basis.
https:///GLadUuGIwOrEzvsKYnu7Kh


The link has been revoked.
Re: Crypto Currency Investors Thread by demmy66: 3:16pm On Jun 03, 2021
FomoKING:


Life am in dire need of SHIB av heard alot about Dem ,,if you don't mind sell me ur bag for NAIRA....WE CAN USE IBEME OR ANYONE HERE AS ESCROW....

would av bought through P2P but my Binance is not verified..

Any other person day wants to dump shib or any bag , please quote me

The bag must be listed on Binance..
do you need shib.. 60million quantity available
Re: Crypto Currency Investors Thread by nna777: 3:19pm On Jun 03, 2021
EngageMe:
Hello bosses, please how do I make use of this voucher?

Binance keep disturbing me about it everytime but I don't even know how it works

It's for the isolated margin trade. If I can remember you have 1 week to use it on the isolated margin page to trade any currency of your choice without paying interest. So click on it and transfer to your isolated margin wallet, trade with it for a coin that would give you gains before the 1 week elapse then sell and book your profit and refund the 500 back to them.

Be careful as both risk and reward is both high as you can leverage *10 depending on the coin choice. 500 usdt will give you 5000 usdt leverage if you are trading Btc or ethy for example.

1 Like

Re: Crypto Currency Investors Thread by Ezemarcel(m): 3:37pm On Jun 03, 2021
Wife coin has done 100x since launch

I pity who no join

1 Like

Re: Crypto Currency Investors Thread by Wealth7(m): 3:39pm On Jun 03, 2021
Ezemarcel:
Wife coin has done 100x since launch

I pity who no join


Pity yourself undecided

19 Likes

Re: Crypto Currency Investors Thread by kings11ng(m): 3:57pm On Jun 03, 2021
FomoKING:


Life am in dire need of SHIB av heard alot about Dem ,,if you don't mind sell me ur bag for NAIRA....WE CAN USE IBEME OR ANYONE HERE AS ESCROW....

would av bought through P2P but my Binance is not verified..

Any other person day wants to dump shib or any bag , please quote me

The bag must be listed on Binance..


Buy on hotbit
Re: Crypto Currency Investors Thread by Loverboy3333: 4:04pm On Jun 03, 2021
EngageMe:
Hello bosses, please how do I make use of this voucher?

Binance keep disturbing me about it everytime but I don't even know how it works

Have you been able to activate it? been trying but it but the voucher code is not coming.


Anyone here can help with it?
Re: Crypto Currency Investors Thread by Loverboy3333: 4:06pm On Jun 03, 2021
nna777:


It's for the isolated margin trade. If I can remember you have 1 week to use it on the isolated margin page to trade any currency of your choice without paying interest. So click on it and transfer to your isolated margin wallet, trade with it for a coin that would give you gains before the 1 week elapse then sell and book your profit and refund the 500 back to them.

Be careful as both risk and reward is both high as you can leverage *10 depending on the coin choice. 500 usdt will give you 5000 usdt leverage if you are trading Btc or ethy for example.

Been trying to activate it but I could not, can you help out
Re: Crypto Currency Investors Thread by demmy66: 4:22pm On Jun 03, 2021
Good evening investors.. does anyone have any good project that still has many zeroes that we can invest in. Please drop.ot here so.we can buy and relax. Grateful

1 Like

Re: Crypto Currency Investors Thread by Ezemarcel(m): 4:25pm On Jun 03, 2021
demmy66:
Good evening investors.. does anyone have any good project that still has many zeroes that we can invest in. Please drop.ot here so.we can buy and relax. Grateful
it's not by many zeros pop

Ask little rabbit investors how far...

Check wifecoin.finance ...not a financial advise though

1 Like

Re: Crypto Currency Investors Thread by AIT1(m): 4:54pm On Jun 03, 2021
Ibime:


No because 10% of Supply went to airdroppers who will likely dump on listing including myself

But why couldn't you get on airdrop. They said those who aren't included in the airdrop listing should send a DM . Check the pinned comments

Thanks, I've sent the message.
Re: Crypto Currency Investors Thread by JIBO4REAL(m): 5:34pm On Jun 03, 2021
I need answer for this please, can I use another bank account to do transfer with different name on my Binance to buy USDT on p2p
Re: Crypto Currency Investors Thread by StarMonkey: 5:38pm On Jun 03, 2021
Ezemarcel:
it's not by many zeros pop

Ask little rabbit investors how far...

Check wifecoin.finance ...not a financial advise though
I made 100% from little rabbit sha....withdrew my capital plus small profit and still left very few billions there just in case.

However, I don comot hand small for shit coins.

2 Likes

Re: Crypto Currency Investors Thread by DenreleDave(m): 5:47pm On Jun 03, 2021
Ezemarcel:
Wife coin has done 100x since launch

I pity who no join


Save ur pity for ursef


Rubbish...

2 Likes

Re: Crypto Currency Investors Thread by StrafordSTONES(m): 5:50pm On Jun 03, 2021
Ibime:


No because 10% of Supply went to airdroppers who will likely dump on listing including myself

But why couldn't you get on airdrop. They said those who aren't included in the airdrop listing should send a DM . Check the pinned comments


They claim the pre-sale price and launching price on PCS will be the same . They also said there will be a break( Maybe one or less) after presale to allow for more publicity and attract more investors. Don't you think these measures would check dumping?
Re: Crypto Currency Investors Thread by bizzibodi(m): 5:57pm On Jun 03, 2021
Bunsenbun:
$800k.I bought shib November last year cry
Are U referring to Shiba inu I can't find shib in coinmarkcap.
Re: Crypto Currency Investors Thread by bizzibodi(m): 6:05pm On Jun 03, 2021
Mazinewmoney:
Sir Ibime, Sir Jedisco, Sir iLegendd, Sir Openheaven2019.....And anyone that can help clear me. Is there a Possibility of Shib getting to $1.00 in 3 - 5 years. Any advice to hold that long?
Your advice is urgently needed please.
All those ingredients U mixed will surely spoil d soup grin grin grin
Re: Crypto Currency Investors Thread by Tyche(m): 6:17pm On Jun 03, 2021
Wealth7:


Pity yourself undecided

Lmao. grin
Re: Crypto Currency Investors Thread by Ibime(m): 6:21pm On Jun 03, 2021
StrafordSTONES:



They claim the pre-sale price and launching price on PCS will be the same . They also said there will be a break( Maybe one or less) after presale to allow for more publicity and attract more investors. Don't you think these measures would check dumping?

Now is not the time to check whose marketing plan will come to fruition. I know the other presalers just want to dump. Besides there is no long term confidence given BeeTee behaviour

1 Like

Re: Crypto Currency Investors Thread by MrCodeSolo: 6:22pm On Jun 03, 2021
Not everyone will be a successful crypto trader or investor...buh if you want to be a cypto alpha you know where to meet us.

If you are coming with the thought of flipping your Investment by 10x or 100x pls don't bother....real crypto trading is never a get-rich quick scheme...just take a look at the journey of bitcoin from 2009 till today....that's to say btc is no shitcoin....buh a forlorn opportunity to experience something inexplicable and extraordinarily fascinating. Fvck d government cool and d chinco govt especially

1 Like

Re: Crypto Currency Investors Thread by Ritapearlydove(f): 6:31pm On Jun 03, 2021
Ritapearlydove:
Me waiting for ICP to cum back to the price I bought it cry

Boom!

Ilegendd 15x profit made.. I got back in and smiling

1 Like

Re: Crypto Currency Investors Thread by youngmusty: 6:32pm On Jun 03, 2021
Bullishhhh
Re: Crypto Currency Investors Thread by jedisco(m): 6:39pm On Jun 03, 2021
Another example why I'm trading more into betece of recent...

Looking at the doge/betece daily chart, on this last rally, I sold my doge yesterday into betece at 0.011 and 0.012 resistance which it had a clean rejection from...
I'm targeting 0.0093-0.001 for a reentry which are tge daily and 4hrly support zones...

Doing that, helped me partake in both the doge rally yesterday and betece rally today...
Generally, betece charts are cleaner and easier to trade.

4 Likes

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