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Crypto Currency Investors Thread - Investment (2191) - Nairaland

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Re: Crypto Currency Investors Thread by Taystee: 8:46am On Feb 19, 2022
Icecream4U:
btc was 69k. It's 40k today... How many percent drop is that?

That's -72.5% drop.

2 Likes

Re: Crypto Currency Investors Thread by randy01(m): 8:48am On Feb 19, 2022
Icecream4U:
btc was 69k. It's 40k today... How many percent drop is that?
Last year may dip when uncle fell from 66k to 29k.many loss 70,80% of their portfolio.my $300 remain $87.thats the kind of dip he's talking about

5 Likes

Re: Crypto Currency Investors Thread by OracleOfTheMost(m): 9:01am On Feb 19, 2022
R2bees2:
I laugh when I see some people shouting "crash" when ever BTC wicks down a little I guess those ones have not experienced a real Crypto crash. The day BTC will decide to crash eeh, by crash I mean like -17% drop. By the time you survive that one, you won't be calling these small pull backs a crash.. The truth is that the longer you are in this game, the less you care about price actions regardless your net worth.

If you say this beside someone who bought Beetcee at 69k you go chop beating.. no say I no warn you

10 Likes 1 Share

Re: Crypto Currency Investors Thread by Response01(m): 9:11am On Feb 19, 2022
I will encourage everyone not to give up, see this my padi here later achieve his dream.

I don motivate una on a Saturday morning o. grin

6 Likes

Re: Crypto Currency Investors Thread by Response01(m): 9:13am On Feb 19, 2022
Taystee:


That's -72.5% drop.


It's -42% drop sir.

I mean from the 69k to the current 40k

4 Likes

Re: Crypto Currency Investors Thread by Iamyemmie: 9:27am On Feb 19, 2022
I bought eth at 2900
Thinking it has dropped
Weyrey is at 2800 now cry

5 Likes

Re: Crypto Currency Investors Thread by Taystee: 9:39am On Feb 19, 2022
Response01:



It's -42% drop sir.

I mean from the 69k to the current 40k

You're very wrong sir...

1 Like

Re: Crypto Currency Investors Thread by DieRich5: 10:29am On Feb 19, 2022
randy01:

Last year may dip when uncle fell from 66k to 29k.many loss 70,80% of their portfolio.my $300 remain $87.thats the kind of dip he's talking about
bro last year many people Dy market when the corrections happened ND we learned our lessons but this current dump was different Altcoins didn't bleed like last year own............

See bnb Wey I Dy wait to be whale on top dere head at $250 area angry
Re: Crypto Currency Investors Thread by Valwezzy: 10:30am On Feb 19, 2022
Taystee:


You're very wrong sir...

How is he wrong, sir?
Re: Crypto Currency Investors Thread by IRWSBE: 10:32am On Feb 19, 2022
Taystee:


You're very wrong sir...


Assuming 69k = 100%
40k = ?
Subtract 40k from 69k = 29k
Estimate 29k as a percentage of 69k (which is the original 100%)

That is 29k/69k ×100% = 0.42 × 100% = 42%

I will be happy to be corrected if you have a different opinion. God bless everyone

12 Likes

Re: Crypto Currency Investors Thread by randy01(m): 10:34am On Feb 19, 2022
DieRich5:
bro last year many people Dy market when the corrections happened ND we learned our lessons but this current dump was different Altcoins didn't bleed like last year own............

See bnb Wey I Dy wait to be whale on top dere head at $250 area angry
This is why I said dip never happen coz everything is holding on support.msin reason I share ftm and one.

I learnt on BnB.it was my first purchase coin bought at $105.it rise to $310.i did not sell and I don't know about trailing stop loss back then.i just hold as everyone always shout hold hold here and telegram back then.well it drop back to my entry.but I still during may dip.after dip it rise to $210.when it begins to fell again.i just offload it and use the money to buy Alice the day it was listed and I made x3.bnb latter move to $700 after two weeks.we learn everyday

4 Likes

Re: Crypto Currency Investors Thread by Taystee: 10:46am On Feb 19, 2022
IRWSBE:



Assuming 69k = 100%
40k = ?
Subtract 40k from 69k = 29k
Estimate 29k as a percentage of 69k (which is the original 100%)

That is 29k/69k ×100% = 0.42 × 100% = 42%

I will be happy to be corrected if you have a different opinion. God bless everyone

@Response01 and those I quoted forgive me,my bad! I made a great error in my calculation,I calculated mine 29k/40k×100%

5 Likes

Re: Crypto Currency Investors Thread by XaToXi: 10:49am On Feb 19, 2022
Taystee:


That's -72.5% drop.

42% drop which will require 72.5% pump to break even.

3 Likes

Re: Crypto Currency Investors Thread by XaToXi: 11:15am On Feb 19, 2022
XaToXi:


42% drop which will require 72.5% pump to break even.


Which is why it's sometimes advisable to cut losses at no more than -10% max and jump on a coin with a higher possibility of greater than 10% upside move.

4 Likes

Re: Crypto Currency Investors Thread by Nobody: 11:34am On Feb 19, 2022
yinkeys:

E dey take people money e say e dey take profit grin
Ponzi cheesy
She no take anybody money, bro. Somebody here call am school fees grin

1 Like

Re: Crypto Currency Investors Thread by Response01(m): 11:44am On Feb 19, 2022
Taystee:


@Response01 and those I quoted forgive me,my bad! I made a great error in my calculation,I calculated mine 29k/40k×100%

We are all prone to make mistakes. Glad you yielded to the correction sir. smiley

4 Likes

Re: Crypto Currency Investors Thread by Legalverify: 12:52pm On Feb 19, 2022
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Re: Crypto Currency Investors Thread by R2bees2: 1:58pm On Feb 19, 2022
Luckyss:
Which other crash are you talking about we are already in -40% crash for over 4 months now undecideddon't forget last month was -60% crash undecided
Im not calling for a crash, I'm talking to newbies, the ones that are just joining this space, panicking and shouting crash on every little pullbacks. Most of them have not experienced that big flash crash so anytime a mini pull back occur they panic and sell.

That's by the way, So those that bought 66K hoping to make money in months time didn't do enough research. You should see BTC as a hedge or a stable coin. It is not some money printing coin. If you want to make it you invest in utility and market narratives. It could also mean throwing a small amount in a trendy meme coin. It's all about timing the market and following narratives. OK BTC still dey down but there are projects that have done over 10000% since then. Regardless, BTC will always go up.

Think long term, that is where the wealth is.

1 Like

Re: Crypto Currency Investors Thread by Chatflick(m): 2:03pm On Feb 19, 2022
Bitcoin is heading to $20,000. You can read my market analysis article here and see why https://amebo.ng/market-analysis-bitcoin-heading-towards-20000/

1 Like

Re: Crypto Currency Investors Thread by ogawisdom(m): 2:17pm On Feb 19, 2022
Crypto na ur mate

BTC, ETH will crash further

Just use DCA strategy n think long term

Hodling

My advice

If u are new in crypto or want less stress stay with the big coins because no matter how much they fall they will surely bounce backs it's just a matter of time.

BTC
ETH

7 Likes

Re: Crypto Currency Investors Thread by ogawisdom(m): 2:19pm On Feb 19, 2022
Iamyemmie:
I bought eth at 2900
Thinking it has dropped
Weyrey is at 2800 now cry


DCA could have saved u.

Nothing to worry about once u are a hodler

1 Like

Re: Crypto Currency Investors Thread by Weirdgee: 2:25pm On Feb 19, 2022
Extreme fear in the market currently

4 Likes

Re: Crypto Currency Investors Thread by ThisisIkemefuna(m): 2:59pm On Feb 19, 2022
So our Ada is now worth 0.98?

What a life cry

1 Like

Re: Crypto Currency Investors Thread by Supremeboss: 4:10pm On Feb 19, 2022
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Re: Crypto Currency Investors Thread by MN07: 4:29pm On Feb 19, 2022
Response01:



It's -42% drop sir.

I mean from the 69k to the current 40k

Haba! Corrector that's 57%.

If some of you don't know simple mathematics I don't know what you are doing in crypto.
Re: Crypto Currency Investors Thread by MN07: 4:37pm On Feb 19, 2022
IRWSBE:



Assuming 69k = 100%
40k = ?
Subtract 40k from 69k = 29k
Estimate 29k as a percentage of 69k (which is the original 100%)

That is 29k/69k ×100% = 0.42 × 100% = 42%

I will be happy to be corrected if you have a different opinion. God bless everyone

Delete this immediately.

That's not how to calculate percentage mtcheww stop embarrassing yourself.

X% of 69000 = 40000

(X/100) x 69000 = 40000

690X = 40000

690X/690 = 40000/690

X = 57.97%

3 Likes

Re: Crypto Currency Investors Thread by XaToXi: 4:37pm On Feb 19, 2022
MN07:


Haba! Corrector that's 57%.

If some of you don't know simple mathematics I don't know what you are doing in crypto.

-42% = 58%
Re: Crypto Currency Investors Thread by uncleseries: 4:39pm On Feb 19, 2022
MN07:


Haba! Corrector that's 57%.

If some of you don't know simple mathematics I don't know what you are doing in crypto.

Re: Crypto Currency Investors Thread by Nobody: 4:41pm On Feb 19, 2022
I think say measurement tool dey Tradingview or am I missing something

3 Likes

Re: Crypto Currency Investors Thread by MN07: 4:42pm On Feb 19, 2022
XaToXi:


-42% = 58%

Who the hell taught you mathematics
Re: Crypto Currency Investors Thread by XaToXi: 4:42pm On Feb 19, 2022
MN07:


Delete this immediately.

That's not how to calculate percentage mtcheww stop embarrassing yourself.

X% of 69000 = 40000

(X/100) x 69000 = 40000

690X = 40000

690X/690 = 40000/690

X = 57.97%

We are looking for the percentage of the change.

The change is 29k.

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