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Crypto Currency Investors Thread - Investment (2155) - Nairaland

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Re: Crypto Currency Investors Thread by Icecream4U(m): 5:39pm On Feb 05, 2022
DaemoLee:
Funny how many are praying the market crash again grin

Should there prayers be answered.....may be not now
They will still not buy even if the market crash again cos TA would be telling them it would crash further.

17 Likes

Re: Crypto Currency Investors Thread by GRACEGLORY: 5:45pm On Feb 05, 2022
cherryCola:


lol.. cheesy,

crypto is currently the most confusing sh*t
on earth.

Bitcoin only functions because of the mathematics which is in the background (cryptography).
Isn’t that the best thing mathematic knows how to do, leaving everyone confused. Maths should grow up and solve it's own problems abeg.

1 Like

Re: Crypto Currency Investors Thread by Trainee223: 5:51pm On Feb 05, 2022
Now I just have a fun bag of $$ staring at me cry cry and i don't want to FOMO. God abeg direct me oooo. Confusion everywhere undecided undecided undecided

2 Likes

Re: Crypto Currency Investors Thread by SambankmanFried: 5:51pm On Feb 05, 2022
valiju:
You just said the absolute truth,all this wanabi analyst and candles jargons is not applicable in crypto ,the major driving factor here is news and government policies

market wey one tweet dey influence
cheesy

5 Likes

Re: Crypto Currency Investors Thread by cherryCola: 6:02pm On Feb 05, 2022
GRACEGLORY:


Bitcoin only functions because of the mathematics which is in the background (cryptography).
Isn’t that the best thing mathematic knows how to do, leaving everyone confused. Maths should grow up and solve it's own problems abeg.

Lol we shall sail through it cheesy .
Re: Crypto Currency Investors Thread by Chikacha: 6:18pm On Feb 05, 2022
Nna I'm truly happy to see happy people again. This is so wonderful to read.

2 Likes

Re: Crypto Currency Investors Thread by DenreleDave(m): 6:18pm On Feb 05, 2022
Icecream4U:
They will still not buy even if the market crash again cos TA would be telling them it would crash further.

grin grin
Re: Crypto Currency Investors Thread by kintus(m): 6:29pm On Feb 05, 2022
SambankmanFried:


the earlier you realise all these mean nothing for one news to scatter, the better
trade the fundamentals - keep candle patters in forex its thrash in crypto, even in forex it gets flogged day and night

I here you Sir/Madam.

In as much as FA plays in vital role in trading, the importance of TA CAN NEVER be ignored.

A word is enough for those who wish to have a bountiful season in trading.

Selah

9 Likes

Re: Crypto Currency Investors Thread by kintus(m): 6:33pm On Feb 05, 2022
SambankmanFried:


the earlier you realise all these mean nothing for one news to scatter, the better
trade the fundamentals - keep candle patters in forex its thrash in crypto, even in forex it gets flogged day and night

BTW did you read my message before typing this message?

Don't go and loose your hard earned hoping for one news to come to your rescue.

This is how 'bag holders' formed.

7 Likes

Re: Crypto Currency Investors Thread by jasmine1600: 6:35pm On Feb 05, 2022
Hope you all are aware?

1 Like

Re: Crypto Currency Investors Thread by Idaytesj29(m): 6:54pm On Feb 05, 2022
Minereum BSC suddenly becomes valueless from 30,000 USD. What's it about this token?
Re: Crypto Currency Investors Thread by jasmine1600: 6:59pm On Feb 05, 2022
Idaytesj29:
Minereum BSC suddenly becomes valueless from 30,000 USD. What's it about this token?

They are all scam projects. 98% of airdrops going round are scam.

2 Likes

Re: Crypto Currency Investors Thread by Iamyemmie: 6:59pm On Feb 05, 2022
Green only

5 Likes 1 Share

Re: Crypto Currency Investors Thread by SambankmanFried: 7:57pm On Feb 05, 2022
kintus:


I here you Sir/Madam.

In as much as FA plays in vital role in trading, the importance of TA CAN NEVER be ignored.

A word is enough for those who wish to have a bountiful season in trading.

Selah

the only technical analysis in bitcoin is psychological price levels
anything else is noise
you can take that to the bank
there is no professional bitcoin analyst
if you dey follow candle patterns for crypto
you will be on a speedy bus to the village
btc is popular for rubbishing analysts
few weeks ago, self acclaimed analysts were drawing 25k charts
today they have drawn new ones - lets stop all this analyst confusion
bitcoin sentiment driven

8 Likes

Re: Crypto Currency Investors Thread by Idaytesj29(m): 8:02pm On Feb 05, 2022
jasmine1600:

They are all scam projects. 98% of airdrops going round are scam.

Okay. Thanks.
Re: Crypto Currency Investors Thread by moshuur(m): 8:16pm On Feb 05, 2022
For an investor in crypto, I think one of the best advice is that :- look for a coin with a good prospect (a solid one)...Buy d dip and bone .

I think T.A is kinda like a guess game....(no one can predict where dis shit is going).
We also have to master our emotion (greed and fomo...."bottom seeking"wink.

4 Likes

Re: Crypto Currency Investors Thread by OlympiadTutor(m): 8:40pm On Feb 05, 2022
kintus:


BTW did you read my message before typing this message?

Don't go and loose your hard earned hoping for one news to come to your rescue.

This is how 'bag holders' formed.

If someone does not find Technical Analysis useful I usually keep my mouth mute.
The purpose of trading is to to make profits and nothing else.
Institutions are the market movers, every second they have supercomputers placing limit orders for them,they enter and exit Positions with millions of dollars at stake.
How do you think they trade?
Their employees are on CNN or Twitter reading news and Tweet and then they suddenly program their supercomputers to place orders based on the news? That would be ridiculous.

Just ignore anyone that complains about TA. We're all here to make profits and if they have a strategy that works for them then that's fine.

20 Likes 1 Share

Re: Crypto Currency Investors Thread by kintus(m): 8:42pm On Feb 05, 2022
SambankmanFried:


the only technical analysis in bitcoin is psychological price levels
anything else is noise
you can take that to the bank
there is no professional bitcoin analyst
if you dey follow candle patterns for crypto
you will be on a speedy bus to the village
btc is popular for rubbishing analysts
few weeks ago, self acclaimed analysts were drawing 25k charts
today they have drawn new ones - lets stop all this analyst confusion
bitcoin sentiment driven

In FX, stocks, commodity and cryptocurrency trading there is a place for TA and another for FA.

Just be guided because we have newbies here. Make them no go loose guard based your advise.

I rest my case.

8 Likes

Re: Crypto Currency Investors Thread by kintus(m): 8:45pm On Feb 05, 2022
OlympiadTutor:


If someone does not find Technical Analysis useful I usually keep my mouth mute.
The purpose of trading is to to make profits and nothing else.
Institutions are the market movers, every second they have supercomputers placing limit orders for them,they enter and exit Positions with millions of dollars at stake.
How do you think they trade?
Their employees are on CNN or Twitter reading news and Tweet and then they suddenly program their supercomputers to place orders based on the news? That would be ridiculous.

Just ignore anyone that complains about TA. We're all here to make profits and if they have a strategy that works for them then that's fine.

God bless you Sir.

Just as advised, I must keep quiet at this point. Just bothered about the newbies following this thread

8 Likes

Re: Crypto Currency Investors Thread by Anyone0455: 9:06pm On Feb 05, 2022
I don't know what is paining people that can do TA

To be honest TA is not easy


The same set if people that are saying rubbish about TA are those same people that will be calling the gurus here to do TA for there coin.

Let not confuse each other kiss kiss kiss

10 Likes

Re: Crypto Currency Investors Thread by Anyone0455: 9:07pm On Feb 05, 2022
I don't know what is paining people that can do TA

To be honest TA is not easy


The same set if people that are saying rubbish about TA are those same people that will be calling the gurus here to do TA for there coin.

Let not confuse each other
Re: Crypto Currency Investors Thread by Fastt: 9:11pm On Feb 05, 2022
Trainee223:
Now I just have a fun bag of $$ staring at me cry cry and i don't want to FOMO. God abeg direct me oooo. Confusion everywhere undecided undecided undecided

Seeing whats going on every where, you will be confused. Time in market is better than timing the market.
You can start by buying with 20% of your portfolio, depending on your risk appetite. If it goes down, you DCA... Make sure you dont buy more than 5 coins. Monitor your investment. Dont go all in except you see beeteecee at 25k. Then i will advise you to go 109% wink

4 Likes

Re: Crypto Currency Investors Thread by Fastt: 9:19pm On Feb 05, 2022
Trainee223:
I think we are officially in the bull race. I just rush take small profit yesterday. How I go take enter this market now


Though life is a risk that man must take

Enjoy your profit. There are over 14k coins in the market, look for one thats yet to pump and at good price, then pitch there if you must trade. Put stop loss in case beeteecee dumps on you. If not you go turn investor for sh1tcoin.

2 Likes

Re: Crypto Currency Investors Thread by Famoosky(m): 9:49pm On Feb 05, 2022
BTCUSDT : Correction or Reversal

From a technical perspective, trades below the 50 days moving average and inside the South-facing channel suggests that the sellers are still in control of the market.

A bid for the retest of certain value areas ( MA ,recent broken support, and current channel trendline ) is currently creating some bullish impetus.

Perhaps, the buyers fail to attract more follow-through buying orders, a subsequent move to $29k and possibly $19k will happen.

Decision Rule :

1. Buy the coin only if it surpasses the intermediate barriers at $39k - $43k.

2. Sell at current market price till $31K and plan to take a loss if the market satisfies condition 1

3. Re-try selling at $50,900 if plan 2 fails.

N.B: Loss-taking decisions should be guided with the RRR approach.

1 Like

Re: Crypto Currency Investors Thread by princealuminium: 10:10pm On Feb 05, 2022
Anybody with usdt for sales should please quote me
Re: Crypto Currency Investors Thread by ojay36: 10:11pm On Feb 05, 2022
I think shiden is the worst coin I have seen in this crypto space
Re: Crypto Currency Investors Thread by princealuminium: 10:21pm On Feb 05, 2022
ojay36:
I think shiden is the worst coin I have seen in this crypto space
on which of the platform cus am sure not on binance
Re: Crypto Currency Investors Thread by typicalgamer(m): 10:23pm On Feb 05, 2022
ojay36:
I think shiden is the worst coin I have seen in this crypto space
grin grin grin
Re: Crypto Currency Investors Thread by seanwilliam(m): 11:15pm On Feb 05, 2022
princealuminium:
Anybody with usdt for sales should please quote me
hello sir, I want to make enquiries from you . Check you pm
Re: Crypto Currency Investors Thread by ojay36: 11:44pm On Feb 05, 2022
typicalgamer:
grin grin grin

Oga, that coin na from the pit of hell.
Re: Crypto Currency Investors Thread by GRACEGLORY: 11:53pm On Feb 05, 2022
valiju:
You just said the absolute truth,all this wanabi analyst and candles jargons is not applicable in crypto ,the major driving factor here is news and government policies



Check my previous posts, and check the market to see the previous. You’d see I was right. There’s been no government policies or news to cause the spike nor the reversal. Yet, I was right. That was TA, the candles, and all. Government policies, and news do influences, but TA is for real.

7 Likes

Re: Crypto Currency Investors Thread by ElectronicMoney(m): 1:47am On Feb 06, 2022
ojay36:
I think shiden is the worst coin I have seen in this crypto space

Na which one be Shiden?! grin

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