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Crypto Currency Investors Thread - Investment (2475) - Nairaland

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Re: Crypto Currency Investors Thread by seanwilliam(m): 6:11am On May 12, 2022
seanwilliam:
Eth to 1500
seems this is realistic
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 6:17am On May 12, 2022
This is really crazy… when people are trading stables then you know we are really F***

I traded UST for USDT few days ago.

Today I’m trading my USDT for BUSD as the fud for USDT is building up.

I might be moving all my stables to fiat soon.

If USDT loses peg as it starting to show, then all of crypto nukes… every bearish target would be hit!

Although I’m 99% certain USDT doesn’t lose peg but Fuding USDT shows u how bad the market is right now.

6 Likes 1 Share

Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 6:24am On May 12, 2022
For those who are confused about the stables to go with right now.

Go for USDC or BUSD both are fully backed or collateralized

That means for every $1 BUSD minted, CZ has $1 liquid.

Buying BUSD or USDC is like having $1 in a bank account.

The problem with USDT is while it fully backed but it’s it fully backed with liquid USD. It is back by fiat USD by 20% and the rest are bonds and other crypto asset.

Outside of backing, USDT is own by Bitfinnex guys. They are what we call the market maker, bitcoin would go to zero before USDT depegs.

11 Likes 2 Shares

Re: Crypto Currency Investors Thread by Mazinewmoney: 6:24am On May 12, 2022
My crypto breakthrough came the day I decided to start listening to Ibime. That guy is Crypto Itself.
Openheaven2019 is another Open heaven to me since I started listening to his take profit advice. Jedisco is another Blessing.
When this 3 O'Gs write, make sure you read everything from A-z
Itzlinda:
If you are on this thread and invest in crypto.

Make sure you are following ibime
.

I had tried several times to close all my positions after he mentioned that macro economics outlook is just too bleak for crypto but greed no allow me.

God bless you bro

You have done your best to warn us but greed no allow me.

I was fixated on growing my portfolio to 10k so I can chill with the big boys.

I did not sell at 40k when yuh were warning us but sold at 29k.

I’m not going to nowhere tho.

Will stick around and be throwing money at Btc during this bear.


If anyone has this hustle or sure update should please indicate.

We are all family here.

Ps: learn to control your emotion and close all your position. Don’t get attach to any coin

6 Likes

Re: Crypto Currency Investors Thread by seanwilliam(m): 6:25am On May 12, 2022
Misturman:


Abi... Me weh don't Dey crave for akara since last week.


cheesy grin cheesy
Re: Crypto Currency Investors Thread by seanwilliam(m): 6:37am On May 12, 2022
Tinneh:
Thank god Say i never invest my house rent ... i for just de run kitikiti when ever ASUU calls off.
anyways still observing the market for now, for those in loss right now Take heart,

now i understand when elders say NO ONE IS TRULY HAPPY IN CRYPTO


I don’t know if you’re joking o. but it will be
outright stupidity if this is for real ..
How will you invest your house rent/school fees on something as volatile as crypto ?

Looking for cheap route to double your house rent doesn’t make sense ( yes I know you want to double it to you go fit Dey bam bam cheesy).
If things go south now, na una go Dey create different moniker Dey beg for house rent / school fees.
This post is not for you in particular self because I’m sure the devil will still do you to put in that house rent, it’s for other people that might want to take such blind risk with their house rent/school fees and think crypto na bed of rose…

Make una Dey take calculated risk abeg.
God bless

5 Likes

Re: Crypto Currency Investors Thread by Sucremaque: 6:40am On May 12, 2022
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Re: Crypto Currency Investors Thread by xynerise: 6:44am On May 12, 2022
I can't even look at my wallet again.

Abeg make I go continue my normal business undecided


This is endtime

5 Likes

Re: Crypto Currency Investors Thread by Fuyinge: 6:44am On May 12, 2022
Moses247:
Jesu...when will that happen??
me I dey find 240% to return to my capital. lmao
Re: Crypto Currency Investors Thread by dynamike: 6:46am On May 12, 2022
Usdt is crashing o
Re: Crypto Currency Investors Thread by Jamie90(m): 6:47am On May 12, 2022
Please, someone sent bitcoin to me from Blockchain.com yesterday by 7pm. It is yet to reflect on my wallet till now. What could be the problem?
Re: Crypto Currency Investors Thread by seanwilliam(m): 6:54am On May 12, 2022
Jamie90:
Please, someone sent bitcoin to me from Blockchain.com yesterday by 7pm. It is yet to reflect on my wallet till now. What could be the problem?
Go to blockchainexplorer dot com to check if the coin is pending . If you can find the transaction, be patient, it will come through , if you can’t find it, the sender don carry you trabaye grin

2 Likes

Re: Crypto Currency Investors Thread by seanwilliam(m): 6:58am On May 12, 2022
Honestly , I think only a greedy fellow will refuse to take profit on crypto .., you’re not different from a bettor ..

To me, not taking profit is not considered a risk anymore, you’re just greedy and thief wey one buy Lamborghini with 100$ grin cheesy grin

2 Likes

Re: Crypto Currency Investors Thread by Jamie90(m): 7:10am On May 12, 2022
seanwilliam:

Go to blockchainexplorer dot com to check if the coin is pending . If you can find the transaction, be patient, it will come through , if you can’t find it, the sender don carry you trabaye grin

It says unconfirmed.

Thanks bro. Na life you save like this.
Re: Crypto Currency Investors Thread by Sunndaywillie: 7:11am On May 12, 2022
This is where most people will buy blood, then wait for bttc to hit even if it's 50k

Then they will tell you during greens "if you can't hold you won't be rich" cheesy

5 Likes

Re: Crypto Currency Investors Thread by seunmsg(m): 7:15am On May 12, 2022
At this rate, 18k BTC may happen. Crypto don carry all of us trabaye this year grin

1 Like

Re: Crypto Currency Investors Thread by sheanzy(m): 7:16am On May 12, 2022
Crypto apocalypse grin
Re: Crypto Currency Investors Thread by MasonKendall(m): 7:18am On May 12, 2022
Stepn na scam. Tried registering on their app yesterday but their wahala almost make me craze. First you have to receive an activation code from the email you posted then get verification code from a public discord group wey be say like 300000 people dey also wait for the code. Gave them a 0.5 star rating on Google play store.

1 Like

Re: Crypto Currency Investors Thread by kristien4(m): 7:19am On May 12, 2022
dokxavi:
Help!

I paid N50,000 to a vendor on Binance P2P to buy USDT. Order was completed, I got the complete USDT. But I then discovered I was debited N50,000 twice (N100,000), chatted with vendor for refund but he deleted all his ads and is unreachable now. I have reported to Binance support.

What can I do now? Who can help me? I be just want buy dip o, no be say money dey like that.
When he puts his ad up again, create another buy for 50, 000naira, tell him to use your other balance. If he refuse, u have evidence of payment.

9 Likes

Re: Crypto Currency Investors Thread by StrafordSTONES(m): 7:19am On May 12, 2022
EwuGambia:
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






There was a guy in one of the telegram group I'm in, when he read all the bad news, he sold his usdt into naira (fiat), that was over the weekend at around £596. Yesterday when Luna was crashing same guy bought back Usdt at 6 hundred something to buy Luna...and lost 200k.


It was funny though...But I really pitied him. It's is good to have discipline as a man and even more so as a trader.

2 Likes

Re: Crypto Currency Investors Thread by seanwilliam(m): 7:20am On May 12, 2022
In the midst of dip , don’t forget bring all your funds and any types of giftcards to me ..you don’t have to worry about trust, reliability and good rate. I can assure you that 100%. cool
Re: Crypto Currency Investors Thread by MasonKendall(m): 7:22am On May 12, 2022
seunmsg:
At this rate, 18k BTC may happen. Crypto don carry all of us trabaye this year grin
If BTC hit 1k$ you know how many people go happy?
Re: Crypto Currency Investors Thread by Moses247(m): 7:26am On May 12, 2022
Itzlinda:
If you are on this thread and invest in crypto.

Make sure you are following ibime.

I had tried several times to close all my positions after he mentioned that macro economics outlook is just too bleak for crypto but greed no allow me.

God bless you bro

You have done your best to warn us but greed no allow me.

I was fixated on growing my portfolio to 10k so I can chill with the big boys.

I did not sell at 40k when yuh were warning us but sold at 29k.

I’m not going to nowhere tho.

Will stick around and be throwing money at Btc during this bear.


If anyone has this hustle or sure update should please indicate.

We are all family here.

Ps: learn to control your emotion and close all your position. Don’t get attach to any coin
Tag him
Re: Crypto Currency Investors Thread by dokxavi: 7:29am On May 12, 2022
kristien4:
When he puts his ad up again, create another buy for 50, 000naira, tell him to use your other balance. If he refuse, u have evidence of payment.
Thank you so much.
Re: Crypto Currency Investors Thread by yusfatedeeprof(m): 7:43am On May 12, 2022
If you have USDT just move it, to avoid stories that touch

4 Likes 1 Share

Re: Crypto Currency Investors Thread by seanwilliam(m): 7:51am On May 12, 2022
yusfatedeeprof:
If you have USDT just move it, to avoid stories that touch
when I saw openheaven post on usdt, I don move am to usdc and busd.

And if those one self go do devil work , I go jejely sell off everything and kiss crypto good bye ��..
Too young for hbp grin

4 Likes 1 Share

Re: Crypto Currency Investors Thread by nonut: 7:54am On May 12, 2022
Ibime:
If you are is USDT, it won't be bad to change to BUSD. BUSD is backed by dollars. USDT is only 5% backed, and the rest by crypto assets
I did this a long time ago. One guy was rambling about this on reddit when I was active there. So many people backed his idea and I've done that myself...Busd all through. I don't want to hear stories that touch.
Re: Crypto Currency Investors Thread by Johnsonclement(m): 7:54am On May 12, 2022
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Re: Crypto Currency Investors Thread by Olamyyde(m): 7:56am On May 12, 2022
Omo the worldwide suicide rate this month will be unprecedented. Even my usdt dey in red angry
Re: Crypto Currency Investors Thread by Lucremoy(m): 7:56am On May 12, 2022
just woke up to a massacre
Re: Crypto Currency Investors Thread by revcompaty(m): 7:56am On May 12, 2022
seanwilliam:

Go to blockchainexplorer dot com to check if the coin is pending . If you can find the transaction, be patient, it will come through , if you can’t find it, the sender don carry you trabaye grin
Re: Crypto Currency Investors Thread by XaToXi: 7:57am On May 12, 2022
OpenHeaven2019:
For those who are confused about the stables to go with right now.

Go for USDC or BUSD both are fully backed or collateralized

That means for every $1 BUSD minted, CZ has $1 liquid.

Buying BUSD or USDC is like having $1 in a bank account.

The problem with USDT is while it fully backed but it’s it fully backed with liquid USD. It is back by fiat USD by 20% and the rest are bonds and other crypto asset.


Outside of backing, USDT is own by Bitfinnex guys. They are what we call the market maker, bitcoin would go to zero before USDT depegs
.

Let's say I'm already shorting btc/usdt and usdt depegs and BTC goes to zero, in which asset will I cash out?

Seeing as both will almost be zero.

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