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Crypto Currency Investors Thread - Investment (955) - Nairaland

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Re: Crypto Currency Investors Thread by nna777: 10:23am On Jun 15, 2021
Ibime:



You can only average down after taking profits on the way up.

When you say you are buying solid projects with use case, do you have equity in those projects?

I will also average down but don't buy the hype, Crypto runs on narrative. No crypto pays dividend or earns income. It is simply a greater fool game, a money pyramid.

Even if ADA has use case for XYZ, ADA does not earn money except by selling to someone willing to pay a higher price.

You can also average down by introducing fresh fiat when there's a major dip.

I don't agree with your point about crypto being a pyramid scheme. We're talking about a $1.6T market that has successfully navigated for 10yrs and counting.

3 Likes

Re: Crypto Currency Investors Thread by nna777: 10:30am On Jun 15, 2021
Loverboy3333:
How possible is it?

I would rather put my bet on Matic than Xrp based on this sentiments

1. The total circulating supply of Xrp is 8x that of Matic. Based on sentiment, Matic is more likely to reach $55 before Xrp.

2. Xrp is more of a payment platform which has it's limits but Matic is becoming a beehive for DeFi projects. It can only get better.

3 Likes

Re: Crypto Currency Investors Thread by DieRich5: 10:36am On Jun 15, 2021
emsco:
I have USDT for sell, i want to empty my wallet on binance. I'm selling it cheap.
how much angry ur rate U send first tongue
Re: Crypto Currency Investors Thread by Solmorg(f): 10:38am On Jun 15, 2021
DenreleDave:


cheesy

You rẹ confused dear......... grin grin

you can say that again, Confused trader got me Lol grin I admit I need help, educate me on this please.

6 Likes

Re: Crypto Currency Investors Thread by Kelvin581: 10:41am On Jun 15, 2021
Solmorg:
Binance. Am a lady by the way
okay... How do you deposit inside it
Re: Crypto Currency Investors Thread by Solmorg(f): 10:46am On Jun 15, 2021
Kelvin581:
okay... How do you deposit inside it
P2P
Re: Crypto Currency Investors Thread by Exumal(m): 10:48am On Jun 15, 2021
emsco:
I have USDT for sell, i want to empty my wallet on binance. I'm selling it cheap.


Your rate?
Re: Crypto Currency Investors Thread by ak22(m): 10:58am On Jun 15, 2021
Smithwilliams826:

P2p

Ok thanks

Thanks bought some btc there this morning. Thanks
Re: Crypto Currency Investors Thread by CocaineLord(m): 11:20am On Jun 15, 2021
Hello house....

Not to say much....I got 1million to invest in Cryptocurrency...This ain't my savings or something I'll put my mind on...Just don't wanna spend it frivolously.


I'll need to invest in more than one Crypto.

Suggestions please

3 Likes

Re: Crypto Currency Investors Thread by Mumben(f): 11:49am On Jun 15, 2021
CocaineLord:
Hello house....

Not to say much....I got 1million to invest in Cryptocurrency...This ain't my savings or something I'll put my mind on...Just don't wanna spend it frivolously.


I'll need to invest in more than one Crypto.

Suggestions please

wait for btcee to dip to $31-32k and buy, also buy bnb and ethereum then u can go to sleep. No go near shitcoins oh

6 Likes 1 Share

Re: Crypto Currency Investors Thread by Kelvin581: 12:01pm On Jun 15, 2021
Solmorg:
P2P
hope is reliable
Re: Crypto Currency Investors Thread by Trex4(m): 12:03pm On Jun 15, 2021
CocaineLord:
Hello house....

Not to say much....I got 1million to invest in Cryptocurrency...This ain't my savings or something I'll put my mind on...Just don't wanna spend it frivolously.


I'll need to invest in more than one Crypto.

Suggestions please

If I had one million I'll buy Solana, Theta, some $Tron, maybe 1BNB, $KCS, $KLV, $ADA, $XRP and $EGLD.

8 Likes

Re: Crypto Currency Investors Thread by Solmorg(f): 12:11pm On Jun 15, 2021
Kelvin581:
hope is reliable
Yes very reliable. Binance made sure of that
Re: Crypto Currency Investors Thread by Kelvin581: 12:22pm On Jun 15, 2021
Solmorg:
Yes very reliable. Binance made sure of that
thanks dear
Re: Crypto Currency Investors Thread by DieRich5: 12:27pm On Jun 15, 2021
CocaineLord:
Hello house....

Not to say much....I got 1million to invest in Cryptocurrency...This ain't my savings or something I'll put my mind on...Just don't wanna spend it frivolously.


I'll need to invest in more than one Crypto.

Suggestions please

if na me
500k on BTC, 400k on BNB and 100k on Doge
Wait for the dip b4 buying

7 Likes

Re: Crypto Currency Investors Thread by handsomebolanle: 12:37pm On Jun 15, 2021
CocaineLord:
Hello house....

Not to say much....I got 1million to invest in Cryptocurrency...This ain't my savings or something I'll put my mind on...Just don't wanna spend it frivolously.


I'll need to invest in more than one Crypto.

Suggestions please


Buy XRP....

And Minn Pi for free if you do have the time...

2 Likes

Re: Crypto Currency Investors Thread by Smithwilliams826: 12:53pm On Jun 15, 2021
ak22:


Ok thanks
You're welcome.
Re: Crypto Currency Investors Thread by Smithwilliams826: 12:58pm On Jun 15, 2021
CocaineLord:
Hello house....

Not to say much....I got 1million to invest in Cryptocurrency...This ain't my savings or something I'll put my mind on...Just don't wanna spend it frivolously.


I'll need to invest in more than one Crypto.

Suggestions please

You can divide your money into 10 parts, use the first part to purchase bnb and stake it, then the remaining 9 can be used for other coins with use cases.
I can't advice you to buy betec. There are use case coins that can give you more than ×10 of your investment.

2 Likes

Re: Crypto Currency Investors Thread by Smithwilliams826: 1:00pm On Jun 15, 2021
DieRich5:
if na me
500k on BTC, 400k on BNB and 100k on Doge
Wait for the dip b4 buying
Purchasing btc will only give you from ×2-×4 of your investment. Theirs are other coins that can give you more than that.
Re: Crypto Currency Investors Thread by Smithwilliams826: 1:01pm On Jun 15, 2021
DieRich5:
if na me
500k on BTC, 400k on BNB and 100k on Doge
Wait for the dip b4 buying
DieRich5:
if na me
500k on BTC, 400k on BNB and 100k on Doge
Wait for the dip b4 buying
Purchasing btc will only give you from ×2-×4 of your investment. Theirs are other coins that can give you more than that.

1 Like

Re: Crypto Currency Investors Thread by NisforNicky: 1:03pm On Jun 15, 2021
emsco:
I have USDT for sell, i want to empty my wallet on binance. I'm selling it cheap.

what's your username on Binance p2p?
Re: Crypto Currency Investors Thread by Smithwilliams826: 1:03pm On Jun 15, 2021
Kelvin581:
hope is reliable
if you shine your eye. I can recommend remitanoo
Re: Crypto Currency Investors Thread by SenecaTheYonger: 1:09pm On Jun 15, 2021
For the bull run to continue, you need a fresh, untapped reservoir of greater fools who'll buy your bags at the top.

But who is left? Many are fully invested as they'll be in crypto since at least March and is now bagholding coins like Doge and Cardano.

People are desperately shilling each other their bags in youtube comments and completely unrelated Twitter threads.

There's nobody left, the dumb money has been completely tapped out. Has been for months. Now we're just descending down a spiral where people already in crypto shill to and dump on each other, eliminating people from the market one by one as liquidity dies.

It's over.

6 Likes

Re: Crypto Currency Investors Thread by handsomebolanle: 1:18pm On Jun 15, 2021
SenecaTheYonger:
For the bull run to continue, you need a fresh, untapped reservoir of greater fools who'll buy your bags at the top.

But who is left? Many are fully invested as they'll be in crypto since at least March and is now bagholding coins like Doge and Cardano.

People are desperately shilling each other their bags in youtube comments and completely unrelated Twitter threads.

There's nobody left, the dumb money has been completely tapped out. Has been for months. Now we're just descending down a spiral where people already in crypto shill to and dump on each other, eliminating people from the market one by one as liquidity dies.

It's over.

Lol..
Until the government stops manipulating currencyanf value....

That's all I have to say...cheers

6 Likes

Re: Crypto Currency Investors Thread by DieRich5: 1:20pm On Jun 15, 2021
Smithwilliams826:

Purchasing btc will only give you from ×2-×4 of your investment. Theirs are other coins that can give you more than that.
I know but right now, I just don't trust most coins

1 Like

Re: Crypto Currency Investors Thread by Mrcapability7: 1:27pm On Jun 15, 2021
Trex4:
If I had one million I'll buy Solana, Theta, some $Tron, maybe 1BNB, $KCS, $KLV, $ADA, $XRP and $EGLD.

What do you think about win and btt
Re: Crypto Currency Investors Thread by Smithwilliams826: 1:40pm On Jun 15, 2021
DieRich5:
I know but right now, I just don't trust most coins
that's because you don't look dipper in your research and also patience.
Re: Crypto Currency Investors Thread by Trex4(m): 1:41pm On Jun 15, 2021
Mrcapability7:


What do you think about win and btt
They're still good too. Thing about them is that they're cheap, so when a few zeros drop they'll be profitable. But long-term hold.
Re: Crypto Currency Investors Thread by narit: 1:51pm On Jun 15, 2021
Smithwilliams826:

Purchasing btc will only give you from ×2-×4 of your investment. Theirs are other coins that can give you more than that.
But you know the x2-x4 is almost guaranteed.....The bolded is why people keep losing money in investing and end up calling it risky, a scam. Investing should not be taken as gambling where you try to make huge money with little or no money, it should be seen as trying to grow your money as safely and steadily as possible, reducing your probability of losing to almost zero.

Am saying this because nowadays we kind of have generation of people, who see themselves investing but in reality they are more like rolling wheel of fortune; trying to predict the next winning number, in the case of cryptö the next big thing. Honestly, that is a one way ticket to poverty. There is nothing wrong trying to take a big risk once in a while but you don't do it with money that should act as your foundation.

3 Likes

Re: Crypto Currency Investors Thread by Loverboy3333: 1:56pm On Jun 15, 2021
emsco:
I have USDT for sell, i want to empty my wallet on binance. I'm selling it cheap.

Empty am na, why announce to us abi u de find who to scam?

3 Likes

Re: Crypto Currency Investors Thread by MJBOLT: 2:00pm On Jun 15, 2021
Loverboy3333:


Empty am na, why announce to us abi u de find who to scam?

6 Likes

Re: Crypto Currency Investors Thread by labisibrass(m): 2:04pm On Jun 15, 2021
>:
Loverboy3333:


Empty am na, why announce to us abi u de find who to scam?

grin

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