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Crypto Currency Investors Thread - Investment (2525) - Nairaland

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Re: Crypto Currency Investors Thread by Quiny32323: 8:35am On May 24, 2022
StrafordSTONES:




Seriously, it's part of the thing that is tempting me to leave my money in USDT...I may not be surprised if we see a USDT/NGN rate of #680 this year.

Tether usdt is fucking risky also. Busd better.
Re: Crypto Currency Investors Thread by emmyniftyyem: 8:59am On May 24, 2022
emmyniftyyem:
Please someone should help me with the link to the scammers' list thread here on Nairaland.
Thanks
Anyone pls?
Re: Crypto Currency Investors Thread by Prosperity4All: 9:04am On May 24, 2022
doyin01:



What happens if people are selling their BNB and no one is buying it ?? When there are very huge supply and no demands ?? Of course it will crash...normal law of demand and supply....so yeah any crypto can crash if everyone just want to sell that particular crypto and no one wants to buy it.

Devaluation. That's what happens.
Same happens to your Naira. Go research about the Zimbabwe currency. Fiat's experience same demand and supply.

@Pafra asked that you "prove him wrong"
And the only way you can do that is by showing Proof that there is No demand for BNB or at best that the traded volumes we see across several Exchanges is fake.

2 Likes 1 Share

Re: Crypto Currency Investors Thread by doyin01: 9:52am On May 24, 2022
pafra:


You guys can't prove your point. Remember as long as you use binance ," your law of demand and supply" favor BnB.


Since some of you are so sure that it can never crash...I wonder why you cannot invest all your life savings on it and sell properties join sef.. ....why will you be scared to invest on something that is "Certain"...if you cannot invest it all on any crypto, it shows that deep down you know nothing is certain...so what exactly is the argument about again ??..

Even the biggest crypto analysts will tell you to "invest only what you can afford to loose "...meaning nothing is certain....anything can happen.. loss can happen , wins can happen..crash can happen...pump can happen...
Re: Crypto Currency Investors Thread by doyin01: 9:55am On May 24, 2022
Prosperity4All:

Devaluation. That's what happens.
Same happens to your Naira. Go research about the Zimbabwe currency. Fiat's experience same demand and supply.

@Pafra asked that you "prove him wrong"
And the only way you can do that is by showing Proof that there is No demand for BNB or at best that the traded volumes we see across several Exchanges is fake.

My point is any crypto can crash.....if fiats can experience it so while can't crypto experience it too......

Because there are demands for something today does not mean there will be demands for it in the future...

LUNA crashed from $100 to 0.0001$ , didn't luna also had demands before the crash??


And what happens if the devaluation happen ?? Your exchange will smile at you and you will smile at the bank??

7 Likes

Re: Crypto Currency Investors Thread by doyin01: 9:56am On May 24, 2022
StrafordSTONES:




Seriously, it's part of the thing that is tempting me to leave my money in USDT...I may not be surprised if we see a USDT/NGN rate of #680 this year.

Currently 612naira...Bro we will see 800naira per usdt before the end of this year...most especially when the election in Nigeria is coming up..
Re: Crypto Currency Investors Thread by Tunnah: 10:13am On May 24, 2022
SUPERPACK:
I can't help but imagine what will happen to USDT should BTC dip to $15,000 or below. It will be better imagined sha.
Are you truly selling this MTN data you advise in your signature?

1 Like

Re: Crypto Currency Investors Thread by SUPERPACK: 10:23am On May 24, 2022
Tunnah:

Are you truly selling this MTN data you advise in your signature?
Yes.
Re: Crypto Currency Investors Thread by pafra(m): 10:29am On May 24, 2022
doyin01:


Since some of you are so sure that it can never crash...I wonder why you cannot invest all your life savings on it and sell properties join sef.. ....why will you be scared to invest on something that is "Certain"...if you cannot invest it all on any crypto, it shows that deep down you know nothing is certain...so what exactly is the argument about again ??..

Even the biggest crypto analysts will tell you to "invest only what you can afford to loose "...meaning nothing is certain....anything can happen.. loss can happen , wins can happen..crash can happen...pump can happen...

This line of argument is different from initial point.

We have banks that crash.
We have oil company that crash.
We have manufacturing companies that have crash.

Can we say they crash because they are Ponzi? The answer is know.

There's a difference between a poorly manage business and a Ponzi scheme.


For risk management sake, no body put all his eggs in one basket. This doesn't mean that the business is Ponzi.

For different stream of income people diversify. It doesn't necessarily mean you don't trust other business either.


A good case study will be dangote. Is first business was not Ponzi and was sure it will not crash, but he keep on establishing other form of business

6 Likes

Re: Crypto Currency Investors Thread by SUPERPACK: 10:30am On May 24, 2022
Re: Crypto Currency Investors Thread by emmyniftyyem: 10:46am On May 24, 2022
Re: Crypto Currency Investors Thread by javijabor: 11:18am On May 24, 2022
In this order USDC, BUSD, DAI....

Avoid USDT as its risky holding for long term except its for short term exchange.
Never Ever keep coin in any Exchange for long term.
na only me know watin my eye don see for Binance hand for 2years angry angry



Quiny32323:


Tether usdt is fucking risky also. Busd better.
Re: Crypto Currency Investors Thread by javijabor: 11:23am On May 24, 2022
Ill say it may start shaking when it penetrates top 50 on CMC.
But I wont stay beyond this year sha.
My target is November to Exit. Till then we keep jogging/Walking/running cheesy


OpenHeaven2019:
If you joining Stepn now, YOU ARE NOT EARLY.

You are getting into STEPN now is FOMOing into the top.

The risk to reward at this point is very high.

Stepn market places is earning more than Magic Eden (Sol number 1 market place) and Opensea.

Stepn has more volume than Magic Eden and Opensea.

Every indices points to the fact that this is the top..

I’m still running but will be looking to exit by weekend or at the sight of any danger.
Re: Crypto Currency Investors Thread by cigaricon(m): 11:49am On May 24, 2022
javijabor:
In this order USDC, BUSD, DAI....

Avoid USDT as its risky holding for long term except its for short term exchange.
Never Ever keep coin in any Exchange for long term.
na only me know watin my eye don see for Binance hand for 2years angry angry
Pls can you expatiate on the bolded? Thanks
Re: Crypto Currency Investors Thread by deflover(m): 12:02pm On May 24, 2022
i think the mini reversal is here
based on btc $28k level we will begin to see a rise to $32073
as all lows are being bought
the sell volume has left and bulls are creeping in

i will say buy btc $29292 with a possible breal of $32100
of that happens
the reversal is here for a run to $70k

3 Likes

Re: Crypto Currency Investors Thread by Goldbw122(m): 12:25pm On May 24, 2022
Quiny32323:


Tether usdt is fucking risky also. Busd better.
Thank u
Re: Crypto Currency Investors Thread by hgabai: 12:27pm On May 24, 2022
Good day everyone.

To the gurus in the house, please which one will be a good buy between FTM, NEAR and AVAX?
I will appreciate your informed advice, please
Re: Crypto Currency Investors Thread by raydboi(m): 12:54pm On May 24, 2022
I need advice on low-cost, reliable platform for btc purchase and withdrawal.
It's just that I would need to start making payments for smth in btc
Some have suggested roqqu tho
.
Thanks
Re: Crypto Currency Investors Thread by Ezlynn: 1:41pm On May 24, 2022
raydboi:
I need advice on low-cost, reliable platform for btc purchase and withdrawal.
It's just that I would need to start making payments for smth in btc
Some have suggested roqqu tho
.
Thanks

I've been enjoying fast and seamless trading on yellow card. In addition to that they have one of the easiest to use interface I've seen so far.

2 Likes

Re: Crypto Currency Investors Thread by Badadvisor: 2:00pm On May 24, 2022
Quiny32323:


Tether usdt is fucking risky also. Busd better.
Hello why is tether risky?
Re: Crypto Currency Investors Thread by Vanzaki(m): 2:01pm On May 24, 2022
I get BTMM( beat the market maker) videos for sale...that course goes for $4500 or more self.... hit me up at by mail...Icephlowg@gmail.com We go negotiate price ���
Re: Crypto Currency Investors Thread by Iamyemmie: 2:04pm On May 24, 2022
Grin making me grin grin
Enter at 0.15 or 0.16
Sell at 0.22 or 0.23
It’s been doing the same thing over and over again since morning

Dyor

1 Like

Re: Crypto Currency Investors Thread by Kealmin(m): 2:09pm On May 24, 2022
btc shud enter 2 naira make everybody kukuma rest the market is taking away d peace of people and I'm beginning to see cryptocurrency as evil or devilish weapon use to waste peoples time and drain their energy all dsame cryptocurrency may crash or may not, simple advise is invest what u can afford to loose don't let the green people are saying here deceive u bcuz those people will never show u their losses or failures so keep your head up and focus on other things don't invest your life savings on crypto

7 Likes 1 Share

Re: Crypto Currency Investors Thread by javijabor: 2:09pm On May 24, 2022
cigaricon:

Pls can you expatiate on the bolded? Thanks

Binance held my btc for 2years.
Asking where I got them from after much explanation and no headway I had to get 2 lawyers. One in Naija and another in US since I was sure I didn't steal them and my conscience was clear.

Anyway long story cut short I finally got my btc after 2yrs with better price. The whole process nearly made me run mad.

Spent a lot paying the lawyers especially the one in US.

4 Likes 2 Shares

Re: Crypto Currency Investors Thread by moshuur(m): 2:17pm On May 24, 2022
To those people that are asking if usdt is safe or not....kindly read d previous pages (it has been treated already).
sighs...thank God we've taken a break from those shoes/sneakers people.

5 Likes

Re: Crypto Currency Investors Thread by Prayfortheworld: 2:27pm On May 24, 2022
Kealmin:
btc shud enter 2 naira make everybody kukuma rest the market is taking away d peace of people and I'm beginning to see cryptocurrency as evil or devilish weapon use to waste peoples time and drain their energy all dsame cryptocurrency may crash or may not, simple advise is invest what u can afford to loose don't let the green people are saying here deceive u bcuz those people will never show u their losses or failures so keep your head up and focus on other things don't invest your life savings on crypto
After what i lost in Luna I've to take a break. Once it flashes on my head my mood changes throughout that day. This crypto seems like it's turning to a scam
I'm trying to be calm because i don't want to be admitted into a psychiatric hospital.. my mental health is really affected

11 Likes

Re: Crypto Currency Investors Thread by Kealmin(m): 2:54pm On May 24, 2022
Yea I can relate bro it such a pity that people had to commit suicide bcuz of crypto and the most painful thing is those people invested almost their life savings, I kukuma went back to learn a skill I can't allow crypto totake away my peace of mind, people are getting slim and depressed because of crypto I just hope that those people will have the courage to walk away and focus their energy on something better that doesn't require them to substitute their peace of mind for few dollar ish


Prayfortheworld:

After what i lost in Luna I've to take a break. Once it flashes on my head my mood changes throughout that day. This crypto seems like it's turning to a scam
I'm trying to be calm because i don't want to be admitted into a psychiatric hospital.. my mental health is really affected

2 Likes

Re: Crypto Currency Investors Thread by Stephenmoka4(m): 3:23pm On May 24, 2022
Some say it's okay, some otherwise... hmm

1 Like

Re: Crypto Currency Investors Thread by seankafor(m): 3:26pm On May 24, 2022
Kealmin:
btc shud enter 2 naira make everybody kukuma rest the market is taking away d peace of people and I'm beginning to see cryptocurrency as evil or devilish weapon use to waste peoples time and drain their energy all dsame cryptocurrency may crash or may not, simple advise is invest what u can afford to loose don't let the green people are saying here deceive u bcuz those people will never show u their losses or failures so keep your head up and focus on other things don't invest your life savings on crypto
don't be stuck on a one way perspective you see Bitcoin/cryptocurrency..

Life itself isn't that straightforward undecided

I see crypto more as a way of life..

By the way am a Bitcoin Bull tongue

Re: Crypto Currency Investors Thread by seankafor(m): 3:29pm On May 24, 2022
javijabor:


Binance held my btc for 2years.
Asking where I got them from after much explanation and no headway I had to get 2 lawyers. One in Naija and another in US since I was sure I didn't steal them and my conscience was clear.

Anyway long story cut short I finally got my btc after 2yrs with better price. The whole process nearly made me run mad.

Spent a lot paying the lawyers especially the one in US.
na who never experienced exchange wahala before..

One thing with human being is that, no one would like to listen until same experience hits him..
Even as you re saying this now, it'd be more like a super story until one experiences it first hand, then em eye go clear..

E better make my private keys be compromised than for me to undergo again what I saw in the hands of Blockchain exchange

1 Like

Re: Crypto Currency Investors Thread by seankafor(m): 3:31pm On May 24, 2022
Prayfortheworld:

After what i lost in Luna I've to take a break. Once it flashes on my head my mood changes throughout that day. This crypto seems like it's turning to a scam
I'm trying to be calm because i don't want to be admitted into a psychiatric hospital.. my mental health is really affected
what happened to Luna can happen to any investment..

By the way, all hope is not lost, you guys will be airdropped luna2.0 once it is launched
Re: Crypto Currency Investors Thread by Goldbw122(m): 3:34pm On May 24, 2022
seankafor:
what happened to Luna can happen to any investment..

By the way, all hope is not lost, you guys will be airdropped luna2.0 once it is launched
So this how Luna ended, wow, this life nor balance at all..

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