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Crypto Currency Investors Thread - Investment (2571) - Nairaland

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Re: Crypto Currency Investors Thread by Ballzproblemm: 1:26pm On Jun 12, 2022
deflover:



sometimes we also have a life outside nl.
anyway i am seeing a sell continuation as all support levels are broken on weekly indicating a counter buy.

but we have a pull back coming to $33k level...due to the monthly chart
so i expect a retracememt to $28621
then break to find $33k
before btc will decide
but you gave your followers a buy order around $30k ,why didn't you see this pull back omo. at this point anyone still taking you serious is dumber than rat

20 Likes

Re: Crypto Currency Investors Thread by Ballzproblemm: 1:31pm On Jun 12, 2022
eth to 750 ¿¿¿

2 Likes 1 Share

Re: Crypto Currency Investors Thread by nnamdi640: 1:31pm On Jun 12, 2022
myonekobosay:
Time to go long? Start buying eth an alts. DYOR
We should start buying now
Re: Crypto Currency Investors Thread by Kingsteve(m): 1:39pm On Jun 12, 2022
Born2winnx:


This 2 monikers including the person who made this post are all the same.

The thing is I don't understand how they got so many emails or na organise scamming cartel.

Shey you know say Yahoo boys don get cooperative, when I enter one wedding na I Know.

I don't usually respond to circus clowns, but you need to face your reality, and go back to doing what you do best...being a clown, and leave this thread for serious minded people.
Re: Crypto Currency Investors Thread by moshuur(m): 1:40pm On Jun 12, 2022
nnamdi640:
We should start buying now
Oga pls be calming down...ok? Crypto is not going anywhere

14 Likes

Re: Crypto Currency Investors Thread by nnamdi640: 2:09pm On Jun 12, 2022
moshuur:

Oga pls be calming down...ok?
Crypto is not going anywhere
Am calming down bros
Re: Crypto Currency Investors Thread by nnamdi640: 2:11pm On Jun 12, 2022
Ballzproblemm:
eth to 750 ¿¿¿
This bear season no dey end. Bear season don show man shege.

6 Likes 2 Shares

Re: Crypto Currency Investors Thread by seankafor(m): 3:03pm On Jun 12, 2022
Crypto can literally cause someone metal illness

11 Likes 2 Shares

Re: Crypto Currency Investors Thread by Ballzproblemm: 3:12pm On Jun 12, 2022
nnamdi640:
This bear season no dey end. Bear season don show man shege.
lol I tell you
Re: Crypto Currency Investors Thread by Geovanni412(m): 3:12pm On Jun 12, 2022
nnamdi640:
This bear season no dey end. Bear season don show man shege.

You will know that Bear season has ended when sp500 , ustech30 index start rebounding. In 2008, sp500 fell by 48 percent and us tech fell by around 50 percent. Checking the charts, for us tech 30 to fall by 50 percent you should be looking at around 18400. Give the market anywhere from 3-6 months before you consider buying anything for long term. Set an alarm from 20k for us tech 30 index, around that time, everything that has VALUE will start showing signs of revival. BTC can only recover around that time.

6 Likes

Re: Crypto Currency Investors Thread by DieRich5: 3:12pm On Jun 12, 2022
R2bees2:
My guy don turn Philosopher. Bear market na your mate LMAO
No reason am too much
lolz.............nah

2 Likes 2 Shares

Re: Crypto Currency Investors Thread by DieRich5: 3:23pm On Jun 12, 2022
BTC $26k

1 Like

Re: Crypto Currency Investors Thread by pafra(m): 3:50pm On Jun 12, 2022
nnamdi640:
How can one trade on that one

If you don't understand future trade don't bother yourself about it.

3 Likes

Re: Crypto Currency Investors Thread by Geld(m): 4:47pm On Jun 12, 2022
Please...why does Binance Verification code takes time to arrive?..what's the problem sad
Re: Crypto Currency Investors Thread by Stephenmoka4(m): 4:58pm On Jun 12, 2022
Ballzproblemm:
but you gave your followers a buy order around $30k ,why didn't you see this pull back omo. at this point anyone still taking you serious is dumber than rat
30K! What!

I wondered what would have happened if it did actually goes through... wink
Re: Crypto Currency Investors Thread by Stephenmoka4(m): 5:00pm On Jun 12, 2022
DieRich5:
BTC $26k
$1 sef some people go happy, some go vex... Which category you dey?
Ether with her yeye gas fee, make e enter $10 sef... wetin
Re: Crypto Currency Investors Thread by seankafor(m): 5:02pm On Jun 12, 2022
This is the real bear market..

I think this will be the worst bears this industry has ever experienced..

And funny fact, this is going to be a long ride

2 Likes 1 Share

Re: Crypto Currency Investors Thread by hexenbiest: 5:02pm On Jun 12, 2022
Yellow Card is providing traders and beginners a great way to make payments with crypto and at the same time rewarding it's top 5 traders with $100 weekly.

Re: Crypto Currency Investors Thread by DieRich5: 5:16pm On Jun 12, 2022
Stephenmoka4:
$1 sef some people go happy, some go vex... Which category you dey?

Ether with her yeye gas fee, make e enter $10 sef... wetin
the money side
Re: Crypto Currency Investors Thread by moshuur(m): 6:30pm On Jun 12, 2022
Summary of my experience with futures so far....

I did make gain on some occasions...but d thing is futures has a way of collecting back d gain plus interest (I.e d principal)

I think I am getting better sha...but

I realize that leverage has been killing me
I am getting better at T.A (compared to when I started).

One's best bet when shorting is when their is a fud on a coin (similar to what happened to gmt..., I made money from d fud even though I later lost it to futures...lol)...

Or when their is a total crash like what happen to lunar....

N.B I used d word best bet..

Wagmi

4 Likes

Re: Crypto Currency Investors Thread by Siberia01(m): 6:33pm On Jun 12, 2022
moshuur:
Summary of my experience with futures so far....

I did make gain on some occasions...but d thing is futures has a way of collecting back d gain plus interest (I.e d principal)

I think I am getting better sha...but

I realize that leverage has been killing me
I am getting better at T.A (compared to when I started).

One's best bet when shorting is when their is a fud on a coin (similar to what happened to gmt..., I made money from d fud even though I later lost it to futures...lol)...

Or when their is a total crash like what happen to lunar....

N.B I used d word best bet..

Wagmi


futures gives and take

5 Likes 1 Share

Re: Crypto Currency Investors Thread by moshuur(m): 6:47pm On Jun 12, 2022
Siberia01:
futures gives and take
Honestly...100%
Re: Crypto Currency Investors Thread by Kingsteve(m): 7:03pm On Jun 12, 2022
The quest for that get rich quick syndrome tempts the greedy ones to trade futures.
What's the logic in winning and relinquishing it all to the markets?
For your peace of mind, spot trading is the best!

9 Likes

Re: Crypto Currency Investors Thread by kodded(m): 7:08pm On Jun 12, 2022
moshuur:
Summary of my experience with futures so far....

I did make gain on some occasions...but d thing is futures has a way of collecting back d gain plus interest (I.e d principal)

I think I am getting better sha...but

I realize that leverage has been killing me
I am getting better at T.A (compared to when I started).

One's best bet when shorting is when their is a fud on a coin (similar to what happened to gmt..., I made money from d fud even though I later lost it to futures...lol)...

Or when their is a total crash like what happen to lunar....

N.B I used d word best bet..

Wagmi


stop using leverages above x5


If you want to use a high leverage like x10 or x20, you need to be trading in a lower time frame like 1min or 3min.


Stop shooting for the stars with one trade, take it one trade at a time. The market will always create opportunities for you so there is no need to expect a whopping 20% profit in one trade wink

6 Likes

Re: Crypto Currency Investors Thread by moshuur(m): 7:22pm On Jun 12, 2022
kodded:
stop using leverages above x5


If you want to use a high leverage like x10 or x20, you need to be trading in a lower time frame like 1min or 3min.


Stop shooting for the stars with one trade, take it one trade at a time. The market will always create opportunities for you so there is no need to expect a whopping 20% profit in one trade wink
Newbies like me in futures should note this.....
Personally, I've learnt d hard way about using high Leverage (except u really really know what u're doing).
Re: Crypto Currency Investors Thread by kodded(m): 7:45pm On Jun 12, 2022
moshuur:

Newbies like me in futures should note this.....
Personally, I've learnt d hard way about using high Leverage (except u really really know what u're doing).

goodluck and avoid greed


The only time you should be greedy is when fear is preventing you from entering a trade.


Have a plan and risk only 1% of your capital and you will be okay in the long run wink

3 Likes 1 Share

Re: Crypto Currency Investors Thread by ayoade001: 7:50pm On Jun 12, 2022
PCS prediction is the best lol, you know ur faith in 5mins, I feel its manipulated tho.

.... you can be in your village in 5mins grin


moshuur:
Summary of my experience with futures so far....

I did make gain on some occasions...but d thing is futures has a way of collecting back d gain plus interest (I.e d principal)

I think I am getting better sha...but

I realize that leverage has been killing me
I am getting better at T.A (compared to when I started).

One's best bet when shorting is when their is a fud on a coin (similar to what happened to gmt..., I made money from d fud even though I later lost it to futures...lol)...

Or when their is a total crash like what happen to lunar....

N.B I used d word best bet..

Wagmi


Re: Crypto Currency Investors Thread by Kingsteve(m): 7:54pm On Jun 12, 2022
kodded:
goodluck and avoid greed


The only time you should be greedy is when fear is preventing you from entering a trade.


Have a plan and risk only 1% of your capital and you will be okay in the long run wink

Risking only 1% of your capital in crypto trading?
You're obviously not interested in making it.

Do you realise what risking 1% of your capital means?
It basically implies that everytime there's a price fluctuation of 1% below your entry point, you continuously sell at a loss, right?

For how long will you keep selling at -1% to make up for the losses and be in profit in a volatile crypto market?
Re: Crypto Currency Investors Thread by Born2berich: 8:27pm On Jun 12, 2022
Born2berich:


Well said sir especially on the bolded.

My simple advise is that we should learn to generate other passive income which should be used in averaging down or DCA on your favorite crypto (that has prospect) especially during this bear market.

Do not use all your savings/salary/income to invest in the market. Use a percentage of your income, preferably 20% or better still, use your passive income instead so that you will be able to withstand the bears and still have your income in hand.

Also, remember to take profit. Openheavens has said it numerous times, unfortunately most do not listen.

The market will still experience sideway movement this month before we go up or down. So, be prepared

May God bless our hustle


BE STRONG PEOPLE. BE STRONG

1 Like 1 Share

Re: Crypto Currency Investors Thread by Fastt: 8:30pm On Jun 12, 2022
Ballzproblemm:
but you gave your followers a buy order around $30k ,why didn't you see this pull back omo. at this point anyone still taking you serious is dumber than rat


grin grin
seankafor:
Crypto can literally cause someone metal illness

grin grin
nnamdi640:
This bear season no dey end. Bear season don show man shege.

grin grin
Investors vibe. We will soon see bottom at 22k. Hang on there

1 Like

Re: Crypto Currency Investors Thread by kodded(m): 9:33pm On Jun 12, 2022
Kingsteve:


Risking only 1% of your capital in crypto trading?
You're obviously not interested in making it.


Do you realise what risking 1% of your capital means?
It basically implies that everytime there's a price fluctuation of 1% below your entry point, you continuously sell at a loss, right?

For how long will you keep selling at -1% to make up for the losses and be in profit in a volatile crypto market?
I
@bolded, if you think making it big in crypto involves using high leverages, then you are the part of the 95% teaders that will end up with a blown up trading account

I risk 1% to get 3 - 5% profit, that way any prediction that I missed wil not hurt my portfolio and if I'm consistent with my 3 - 5% profit for a long period of time, you will realise that little profit can be accumulated into a reasonable profit over a long period of time.

Compare that to someone who is willing to risk 10% of his capital to gain 60% profits.

Now if that person lose twice, that person will lose 20% of his capital where as in my case I will only lose 2% and I can easily recover the 2% if I stick to my working strategies.


In trading you protect your capital first before making profit because the market is nobody friend

16 Likes 3 Shares

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