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Crypto Currency Investors Thread - Investment (2113) - Nairaland

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

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Re: Crypto Currency Investors Thread by MrCodeSolo: 4:16am On Jan 25, 2022
Rmrk, rmrk rmrk...I neva see coin wey dey mad stubborn pass am..even if e dip dz week, you go sleep and kon wake up to green

4 Likes

Re: Crypto Currency Investors Thread by DieRich5: 4:45am On Jan 25, 2022
Atom looking bullish AF sad

1 Like

Re: Crypto Currency Investors Thread by Pk01(m): 6:28am On Jan 25, 2022
SolarE:
wink
Yes boss if you are using the access bank card only, which has the limit of 300usd per month
access visa or m card?
Re: Crypto Currency Investors Thread by SolidityMAN: 7:26am On Jan 25, 2022
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Re: Crypto Currency Investors Thread by Casinger(m): 7:28am On Jan 25, 2022
Is there any hope that shib Inu will reach 1dollar 2022?

1 Like

Re: Crypto Currency Investors Thread by SolidityMAN: 7:30am On Jan 25, 2022
Theagnosticdude:

I tried buying with my access bank visa card but it didn't go. Must it be mastercard?


Must be MasterCard
You can try access blue card too has over 1k limit
Re: Crypto Currency Investors Thread by SolidityMAN: 7:33am On Jan 25, 2022
Casinger:
Is there any hope that shib Inu will reach 1dollar 2022?


Boss shib can never reach 1$


Simple calculation

Market cap= Total supply*price
With total supply up to 1 trillion or so it means it'll have a market cap if 1trillion haba now

Might move this year again tho however learn to take profit

1 Like

Re: Crypto Currency Investors Thread by Casinger(m): 7:37am On Jan 25, 2022
Thanks Bro. I pray I don't loose all the coins that I bought ooo. Empire Yooshi Feg Saitama Baby doge EGC Xec Shiba Inu etc...

2 Likes

Re: Crypto Currency Investors Thread by Taystee: 7:51am On Jan 25, 2022
How does margin trade works,is it similar to future trade? Pls I need someone to explain this to me because,a friend of mine chatted me on whatsapp yesterday, telling me he lost 70k on margin trade.

Ever since I started trading,I no they do pass myself I'm always on spot trade.

1 Like

Re: Crypto Currency Investors Thread by bayobabe(f): 8:09am On Jan 25, 2022
Taystee:
How does margin trade works,is it similar to future trade? Pls I need someone to explain this to me because,a friend of mine chatted me on whatsapp yesterday, telling me he lost 70k on margin trade.

Ever since I started trading,I no they do pass myself I'm always on spot trade.
Yes, it is similar to futures trading
Re: Crypto Currency Investors Thread by LandMann: 8:15am On Jan 25, 2022
Taystee:
How does margin trade works,is it similar to future trade? Pls I need someone to explain this to me because,a friend of mine chatted me on whatsapp yesterday, telling me he lost 70k on margin trade.

Ever since I started trading,I no they do pass myself I'm always on spot trade.

Margin trading is very dangerous... Way more dangerous than futures, but the share same traits in the sense that you can trade with leverage.

The killing aspect of margin is that you pay interest on borrowed funds EVERY HOUR.

Hence, it's very risky and dangerous to have an open position in margin for long because you'll pay heavy interest without realising it that will even push you to liquidation, especially if the position is losing and you keep it open for long.

Avoid margin trade if you cannot close a trade within one hour.

1 Like

Re: Crypto Currency Investors Thread by Fuckjesusandgod: 8:17am On Jan 25, 2022
grin grin make your friend take heart, the first thing people should always do in the crypto space is learning. It's really important, so that body no go hear am.
I laughed because I remembered my first time trading future, $100 disappear for my eyes like this in split seconds grin grin.
I no say u want ask how? Leverage was on 100x grin

Taystee:
How does margin trade works,is it similar to future trade? Pls I need someone to explain this to me because,a friend of mine chatted me on whatsapp yesterday, telling me he lost 70k on margin trade.

Ever since I started trading,I no they do pass myself I'm always on spot trade.

2 Likes

Re: Crypto Currency Investors Thread by millennialaku2: 8:20am On Jan 25, 2022
Fuckjesusandgod:

I no say u want ask how? Leverage was on 100x grin
been there, done that too grin

8 Likes

Re: Crypto Currency Investors Thread by Anyone0455: 8:34am On Jan 25, 2022
Casinger:
Thanks Bro.
I pray I don't loose all the coins that I bought ooo.
Empire
Yooshi
Feg
Saitama
Baby doge
EGC
Xec
Shiba Inu etc...


Yooshi is gaming coin it's a long time project it will soon
You see the rest be taking your profit small small.

3 Likes

Re: Crypto Currency Investors Thread by Enyinne(f): 8:43am On Jan 25, 2022
cheesy killing him self. He needed to make more money
Taystee:
How does margin trade works,is it similar to future trade? Pls I need someone to explain this to me because,a friend of mine chatted me on whatsapp yesterday, telling me he lost 70k on margin trade.

Ever since I started trading,I no they do pass myself I'm always on spot trade.

1 Like

Re: Crypto Currency Investors Thread by Nobody: 8:44am On Jan 25, 2022
Don't miss out
Crimpsy:
Greedy cat token (GCT)

It is a beb20 coin

It will still be listed claim now

https://t. me/GreedyCatTokenAirdropbot?start=r02502513290

Close the space

Do all task and claim yours
Re: Crypto Currency Investors Thread by Enyinne(f): 8:52am On Jan 25, 2022
We no understand this btc plan anymore.Wetin dey playyyy. Abeg make e stay one side so we can arrange ourselves this morning.

2 Likes

Re: Crypto Currency Investors Thread by GRACEGLORY: 9:03am On Jan 25, 2022
GRACEGLORY:


I don’t think BTC had bottom out @the $34K area. Investors want BTC even more cheaper. So, there’s a strong tendency that there could be another sell offs to drop to $30K-$29K, and such drop will activate the $19K area. But one major lesson I’ve learnt in cryptocurrency is to wait until you’re certain, else, FOMO and get RKT. We can see resistances are even stronger than supports.

OR WHAT DO YOU THINK GUYS


For me, I think the bears still have the energy to thaw at BTC down to $30K-$29K. FOMO and get RKT, be patient and make money.

1 Like

Re: Crypto Currency Investors Thread by felzylix(m): 9:14am On Jan 25, 2022
Aca (acala) polkadot parachain winner just launched on kucoin, launching on Binance in 4 hours.
Selling at (2.5$) less than 3x ico price.

Profit is guaranteed on this.

3 Likes

Re: Crypto Currency Investors Thread by ebookz(m): 9:32am On Jan 25, 2022
Prayfortheworld:

35 and 38

Are u selling Usdt? I am interested. How do I reach you?
Re: Crypto Currency Investors Thread by jedisco(m): 9:33am On Jan 25, 2022
armadeo:



The sudden change in direction from 34 to 36. Newbie things though.

Im learning everyday

Relax....A 2k move on a 36k asset is nothing in crypt0. In the coming weeks, Bitc0in will have many of such moves in both directions

7 Likes

Re: Crypto Currency Investors Thread by dryakson(m): 9:52am On Jan 25, 2022
Taystee:
How does margin trade works,is it similar to future trade? Pls I need someone to explain this to me because,a friend of mine chatted me on whatsapp yesterday, telling me he lost 70k on margin trade.

Ever since I started trading,I no they do pass myself I'm always on spot trade.

I use Margin trading always, using Stoploss sometimes.
Margin is what give me my most money.
NOTE: Always use 1-3x leverage.

Margin is like u borrow money to buy a coin. Let's say u have $100 and u are certain a particular coin is performing, u can borrow $100 more and add making it $200 to invest (I.e X2 leverage)
Let's say u buy FTM at $1.4, u will get liquidated when the price of FTM go half, $0.7 (which is most not likely to happen).

About the interest, it's nothing to write home about. It's not much, depending on the money borrowed. And most of the time, exchanges give Interest Free Vouchers.

ALWAYS TRY NEW THINGS IN CRYPTO.
start with $10

During Shib rally, I used $1000 borrowed $9000 (x10 leverage) in Kucoin, making it $10000
I bought Shib and made X2 profit. I returned my debt of $9k and hold my profit
MODIFY
I put stoploss at -$100 for the Shib margin trade (willing to risk $100)

17 Likes 1 Share

Re: Crypto Currency Investors Thread by Prayfortheworld: 9:54am On Jan 25, 2022
ebookz:


Are u selling Usdt? I am interested. How do I reach you?
I'm not selling sir
Re: Crypto Currency Investors Thread by jedisco(m): 9:58am On Jan 25, 2022
Seems this space is divided between those who are waiting for any small pump to take their money and run... and those who are patiently waiting for 20-28k...

Let us settle it via a poll.

Like if you can'twait for a pump to exit some positions...

Share if you're well seated in stables and waiting for capitulation

27 Likes 37 Shares

Re: Crypto Currency Investors Thread by cyrusmillz: 9:58am On Jan 25, 2022
Theagnosticdude:

I tried buying with my access bank visa card but it didn't go. Must it be mastercard?

Are you using Verve ?
Re: Crypto Currency Investors Thread by nna777: 9:59am On Jan 25, 2022
Taystee:
How does margin trade works,is it similar to future trade? Pls I need someone to explain this to me because,a friend of mine chatted me on whatsapp yesterday, telling me he lost 70k on margin trade.

Ever since I started trading,I no they do pass myself I'm always on spot trade.

This margin/future trading business is risky.

Leverages of *50 and above are best used when you catch the top or bottom of a coin. If you can be patient and learn this above principle, you will make good cash. Somebody posted a pics yesterday of someone who made over 5k% profit from shorting Btc from ATH.

Anything in-between, it's best to use *10 leverage and below unless you will be liquidated back to back (I learnt the hard way).

It's also important to learn support and resistance especially Btc using it as your standard. You can't never go wrong with Btc as your standard.

When people get liquidated like I use to, they become emotional and don't make right decisions. So they begin to enter trades without looking at support and resistance, so the liquidation continues. Patience is key.

Although am shorting Btc from 36k now, am patiently waiting for the bottom to long with *50 leverage on Btc, bnb, sol and atom. We must make cool cash this year grin grin

10 Likes

Re: Crypto Currency Investors Thread by linconab(m): 10:04am On Jan 25, 2022
Please can someone guide me on how to buy usdt using atm card
Re: Crypto Currency Investors Thread by Sunndaywillie: 10:12am On Jan 25, 2022
Is Microsoft waiting for the bottom to buy too?

Shey them wan buy some coins before? grin
Re: Crypto Currency Investors Thread by ElectronicMoney(m): 10:15am On Jan 25, 2022
jedisco:
Seems this space is divided between those who are waiting for any small pump to take their money and run... and those who are patiently waiting for 20-28k...

Let us settle it via a poll.

Like if you can'twait for a pump to exit some positions...

Share if you're well seated in stables and waiting for capitulation

I want to inject additional fresh money but I want BTC to even fall to below $15K grin
Re: Crypto Currency Investors Thread by DaemoLee: 10:32am On Jan 25, 2022
BTC went up like a wrestler that would eventually do a smackdown from the ring top

2 Likes

Re: Crypto Currency Investors Thread by Herbsworks: 10:44am On Jan 25, 2022
FCON token
Re: Crypto Currency Investors Thread by MotivationKG(m): 10:46am On Jan 25, 2022
I have been following this thread for a long time and this would be my second comment.

Sorry to say but I can't stop laughing at some comments and posts I read here.

Well let me state some crucial mistakes majority are making here and I will give their corrections too.

1) Trading with emotions.
2) No understanding of how the crypto market really works.
3) No understanding of F.A & T As.
4) Taking judgement based on what you think about the market and not what the market tells you.
5) Newbies wanting to Earn before Learning instead of the other way round.
6) People trying to convince others with their own personal specific decisions.[everyone is entitled to their opinions though.]

And others...

Now, there are some few experts or those who throughly knows what they are doing but I wouldn't mention names. I really found their comments educative and not judgemental but some learning still needed and I'm glad they are learning more and sharing with others here on a frequent basis but they share a common mindset I picked which is understanding T.As

If you fail to learn analysis and understand it but you keep waiting for the market to play to what you want, it will continue to break your heart and give you tiny profits as compensation for your tears.

THE SIMPLE BREAKDOWN:-

The Crypto market is the most volatile market even more than the forex market but most don't know why it has more volatility.

You need to understand how the market works to be able to gain from any market either crypto or stocks or forex.

[What is the market doing? who is in charge? what direction is it going? which phase is it in now?]

You need to answer these questions above before you decide your next move.

I have spent years in Forex and no doubt it's also paying out in Crypto too.

I just entered crypto last year and I have never been in a greater loss.

NOTE: No trader or expert is a 100% perfect in anything, only God is but what makes a good or expert trader is minimizing your losses and maximizing your profits so your loss is definitely insignificant.

I have made a very little loss compared to my gains in the crypto space both on Major currencies, shitcoins or airdrops.

Every market has a cycle and the crypto market is in a phase of the cycle but you have to know what phase it is to know what action to take.

EVERY MARKET HAS TWO TYPES OF TRADERS AND THE RESULT OF THE STRONGEST PRODUCES EVERY CANDLESTICK ON THAT CHART YOU WATCH EVERY SECOND SO THERE IS NO BITCOIN SPIRIT ANYWHERE CONTROLLING THE MARKET.

You are either a SMART MONEY TRADER or a DUMB MONEY TRADER.

Fundamental Analysis & Technical Analysis are important in every asset as long as it's on the market so know how to understand them and use them.

Right now, both analysis are playing on Bitcoin and it's in a phase of the crypto cycle.

Believe it or Not....I keep gaining so I'm not touched one bit.

8 Likes

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