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Crypto Currency Investors Thread - Investment (2472) - Nairaland

Nairaland ForumNairaland GeneralInvestmentCrypto Currency Investors Thread (5780719 Views)

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Re: Crypto Currency Investors Thread by nnamdi640: 7:24pm On May 11, 2022
deflover:
its not about what u think
there is no resistance but support which has been broken
now that historical support is now a major resistance

do u know what a break out is
this has happened on the weekly candle
$33k break

we will see further fall
Let see how it goes
Re: Crypto Currency Investors Thread by 9japple(m): 7:25pm On May 11, 2022
IgiveLadiesBj:
Please, Bro which network issues are you always talking about?

Are you in Navy? Una dey on top water?
Sir it pains me that I can't explain on Nairaland but ppl who know me knows what I am talking about.
I also miss the Market opportunities and vawulence here....only come back to see layers of pages and can't go thru them all.....
Re: Crypto Currency Investors Thread by MasonKendall(m): 7:27pm On May 11, 2022
deflover:
for me now i think one should focus on coins that have value that means coins that are been used
in a time of bears in the stock market people invest beer companies, cigarettes, drugs why is this so cos many will go into depression
now for the crypto market since this is way different i think once should convert to coins that create value exchanges, network ( coins that aid transcations)
this is not saying it will work
just using logic
I'm nosediving into BnBgrin
Re: Crypto Currency Investors Thread by MasonKendall(m): 7:28pm On May 11, 2022
Siberia01:
Some people sev don chop winch
Why you no dey pick call?
Re: Crypto Currency Investors Thread by Nobody:
EmmanuelScott1:
wow shocked shocked, she's back
so much respect for this girl imo, welcome back sis

we comrades is happy for your return, as your 30k don hit, what next sis?
I've been around
There's a high chance btc will still drop more, maybe -30%-50% from here but there's strong support around $26k-27k, I will buy there and as usual sell immediately I'm in profit and then wait for the final crash.
Re: Crypto Currency Investors Thread by Born2berich: 7:30pm On May 11, 2022
Itzlinda:
I have closed most of my alt position and the market don begin pump.

What do you think please?
I should jump into Btc ?
Be weary of a classical bull trap, I advise that you log out and take a break for some few days.

Usually, I watch from the sidelines but I can feel your pain, hence I will drop a little investment tip for you and anyone else who's interested in the little advice:

1. Learn how to control your emotions, fear and greed (this is very difficult to do but you have to figure it out)
2. Don't be emotionally attached to any stock or crypto or any investment as anything can happen (the powers that control these markets don't want you to get rich)
3. Always take profit because you actually haven't made any true gains if you don't sell (All you have is paper profits)
4. Never say NEVER (If you were told last week that Luna will drop below $5, I guess you would have said never)
5. Don't try to catch a falling knife and always watch out for classical bull traps (Google it out)
6. Bulls make money, bears make money, pigs gets slaughtered. Don't be the pig

With these few points plus the other popular tips we all know, you will be fine and eventually make money

My 2 kobo.

May God bless our hustle
Re: Crypto Currency Investors Thread by 9japple(m): 7:38pm On May 11, 2022
Born2berich:
Be weary of a classical bull trap, I advise that you log out and take a break for some few days.

Usually, I watch from the sidelines but I can feel your pain, hence I will drop a little investment tip for you and anyone else who's interested in the little advice:

1. Learn how to control your emotions, fear and greed (this is very difficult to do but you have to figure it out)
2. Don't be emotionally attached to any stock or crypto or any investment as anything can happen (the powers that control these markets don't want you to get rich)
3. Always take profit because you actually haven't made any true gains if you don't sell (All you have is paper profits)
4. Never say NEVER (If you were told last week that Luna will drop below $5, I guess you would have said never)
5. Don't try to catch a falling knife and always watch out for classical bull traps (Google it out)
6. Bulls make money, bears make money, pigs gets slaughtered. Don't be the pig

With these few points plus the other popular tips we all know, you will be fine and eventually make money

My 2 kobo.

May God bless our hustle
Thank you guy...
Bull traps you are correct....
Re: Crypto Currency Investors Thread by seanwilliam(m): 7:40pm On May 11, 2022
Happiness09:
I've been around
There's a high chance btc will still drop more, maybe -30%-50% from here but there's strong support around $22k-23k, I will buy there and as usual sell immediately I'm in profit and
then wait for the final crash.
.
What do you mean by the bolded ??
Re: Crypto Currency Investors Thread by SaintUlot: 7:56pm On May 11, 2022
ifyken:
Just know that na money you lose no be life. If you get over 2 million naira take put for crypto,that means that you are not poor. Just stay out of the market until bull season comes and at the nearest sign of bear, just dump. Better you miss profit than lose capital.
Some people put their life savings, that 2 million investment of some people is their life savings. Many newbies do get carried away when they start making profit, they will think everything about cryptocurrency trading is just profit. The other side of cryptocurrency trading is a bitter pill. I remember one guy like that that turned 1btc to 150btc in futures trading. He lost all the money to the same futures trading, it happened few years ago.
Re: Crypto Currency Investors Thread by posty56: 7:59pm On May 11, 2022
SaintUlot:
Some people put their life savings, that 2 million investment of some people is their life savings. Many newbies do get carried away when they start making profit, they will think everything about cryptocurrency trading is just profit. The other side of cryptocurrency trading is a bitter pill. I remember one guy like that that turned 1btc to 150btc in futures trading. He lost all the money to the same futures trading, it happened few years ago.
pesin turn 1 btc to 150 BTC huh,guy take am easy
Re: Crypto Currency Investors Thread by Nobody:
seanwilliam:
What do you mean by the bolded ??
What I mean is that when btc drops to 26k-27k, it will probably go up to 30k and then there will be another crash after some months which I believe will be the last crash where it will 'Bottom'.
Re: Crypto Currency Investors Thread by deflover(m): 8:06pm On May 11, 2022
MasonKendall:
I'm nosediving into BnBgrin
Smart move
Re: Crypto Currency Investors Thread by ignis: 8:18pm On May 11, 2022
Kirchoffs:
LUNA grin grin...I pity people way get this coin honestly
Won't it go up again?
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 8:19pm On May 11, 2022
Do Kwon is in serious legal troubles tho.

99% certain he goes to jail. The only option is for him to disappear.
Re: Crypto Currency Investors Thread by Singapore1(m): 8:24pm On May 11, 2022
OpenHeaven2019:
Do Kwon is in serious legal troubles tho.

99% certain he goes to jail. The only option is for him to disappear.
he might not, it's all about the money in your bank account. CEO of bitmex didn't go jail, justin is not in jail. Just cooperate and he will be fine.

hope you are good bro?
Re: Crypto Currency Investors Thread by Nobody: 8:25pm On May 11, 2022
seanwilliam:
What do you mean by the bolded ??
Sorry, the first support is around 26k -27k. There's another support at 22k-23k but 26k-27k first.
Re: Crypto Currency Investors Thread by R2bees2: 8:28pm On May 11, 2022
uvalentine2003:
Luna Turn some people millionaire
Send some to village
That's what Crypto does
Re: Crypto Currency Investors Thread by Nobody: 8:31pm On May 11, 2022
As a buy & hold investor, we Don't ever think of selling the dip; or sell at a loss.
To easily achieve this aim, we don't look at our wallet; or what the mkt is doing to our wallet. We only look at the chart once in awhile.
Re: Crypto Currency Investors Thread by R2bees2: 8:37pm On May 11, 2022
The shocking part of this LUNA dump is when i overheard folks who know nothing about how Crypto works discussing it. This LUNA crash is on par with BT.C halving some years back. People invested so much on this platform. It looked like a project they would be around for years, omo nothing last here o, Na even DEFI folks wey I dey feel for pass. I just pray they are all OK. it is well
Re: Crypto Currency Investors Thread by myonekobosay: 9:02pm On May 11, 2022
buying now @29400. Wish me luck. This binance system maintenance ehn. Chai I for load up
Re: Crypto Currency Investors Thread by Ibime(m): 9:05pm On May 11, 2022
okuta007:
I am strictly on BTC, ETH, BCH, LTC, SOL and a little DOG
Oga which of these have you capitulated on?
Re: Crypto Currency Investors Thread by deflover(m): 9:07pm On May 11, 2022
myonekobosay:
buying now @29400. Wish me luck. This binance system maintenance ehn
we may see $19k from here
this bastard is warming up
Re: Crypto Currency Investors Thread by myonekobosay: 9:09pm On May 11, 2022
Maybe, Maybe not
Re: Crypto Currency Investors Thread by seunmsg(m): 9:21pm On May 11, 2022
OpenHeaven2019:
Do Kwon is in serious legal troubles tho.

99% certain he goes to jail. The only option is for him to disappear.
He’s working on a rescue that involves printing $1.2billion of Luna token. Printing more LUNA tokens for traders to sell for UST will help to absorb the stablecoin supply that wants to exit before UST can start to re-peg.
Re: Crypto Currency Investors Thread by EwuGambia: 9:28pm On May 11, 2022
Been over a month i last checked this group. undecided

God bless the moniker who in April adviced that coins be converted to stables and no one should put in new money into crypto in may... as the market would experience a terrible bear. I jejely took the advice and cleared my accounts on binance and deleted the app. Suffered enough heartbreak already.

As i just dey see everybody status for whatsapp today complaining about Luna... decided to come check on the group..
Omor!!... it is well.... undecided
Re: Crypto Currency Investors Thread by deflover(m): 9:32pm On May 11, 2022
myonekobosay:
buying now @29400. Wish me luck. This binance system maintenance ehn
we may see $19k from here
this bastard is warming up
be careful
Re: Crypto Currency Investors Thread by myonekobosay: 9:41pm On May 11, 2022
Binance system maintenance Bleep up. Time to load up
deflover:
we may see $19k from here
this bastard is warming up
be careful
Re: Crypto Currency Investors Thread by gamaliel9: 9:51pm On May 11, 2022
What on earth happened to metaverse coins?

Its like i wll start to DCA on MANA and SAND
Re: Crypto Currency Investors Thread by deflover(m): 9:56pm On May 11, 2022
myonekobosay:
Binance system maintenance Bleep up. Time to load up
i don't understand
Re: Crypto Currency Investors Thread by seanwilliam(m): 10:01pm On May 11, 2022
Openheaven you said sol is going to 40$,
Omo you’re close o,, 44$
Re: Crypto Currency Investors Thread by Patosky4U: 10:03pm On May 11, 2022
Omo if this dip no touch you then you are the most luckiest person on Earth. For now am off crypto jooooor the thing na high level Ponzi scheme grin grin grin
Re: Crypto Currency Investors Thread by Lucremoy(m): 10:03pm On May 11, 2022
seunmsg:
He’s working on a rescue that involves printing $1.2billion of Luna token. Printing more LUNA tokens for traders to sell for UST will help to absorb the stablecoin supply that wants to exit before UST can start to re-peg.
wahala for [quote][/quote]I feel sorry for the ones that Fomo'd and bought the top of that fake pump
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