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Crypto Currency Investors Thread - Investment (2710) - Nairaland

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Re: Crypto Currency Investors Thread by sweetveek(m): 5:05pm On Aug 18, 2022
Florasilver:


Not so my friend.
oh really,abeg teach me oh
Re: Crypto Currency Investors Thread by sweetveek(m): 5:06pm On Aug 18, 2022
Florasilver:


In cross margin the open trade depends on the total funds in your futures wallet to run. And if eventually you have a drawdown that gulps up your total futures wallet funds, you get liquidated and lose your entire futures wallet funds.

For isolated margin trades, only the amount used to open the trade is needed to sustain it. And if that amount draws down, the trade gets liquidated and you lose only that amount used in opening the trade

Note that there's no interaction between funds in various wallets e.g. spot, futures, funding etc
oh thanks,now i know
Re: Crypto Currency Investors Thread by sweetveek(m): 5:10pm On Aug 18, 2022
randy01:

Nothing concern your spot wallet balance with future trading.when trade go wrong.you lose everything in your future balance even your other trade but on isolated you lose only the money you use to open position.

In fact future chart and normal spot chart there's little different.just pick any coin.check it on perpetual and normal name.you will see different in price
Yungbliss
Re: Crypto Currency Investors Thread by sweetveek(m): 5:10pm On Aug 18, 2022
Florasilver:


In cross margin the open trade depends on the total funds in your futures wallet to run. And if eventually you have a drawdown that gulps up your total futures wallet funds, you get liquidated and lose your entire futures wallet funds.

For isolated margin trades, only the amount used to open the trade is needed to sustain it. And if that amount draws down, the trade gets liquidated and you lose only that amount used in opening the trade

Note that there's no interaction between funds in various wallets e.g. spot, futures, funding etc
Yungbliss
Re: Crypto Currency Investors Thread by Florasilver: 5:58pm On Aug 18, 2022
sweetveek:
oh thanks,now i know

God bless
Re: Crypto Currency Investors Thread by pragmatistm(m): 7:44pm On Aug 18, 2022
pragmatistm:


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Re: Crypto Currency Investors Thread by RB1330(m): 9:17pm On Aug 18, 2022
XaToXi:


Ability to use stop loss and trailing take profit.

Ability to hedge or short.

Ability to practice futures with minimal risk
Hope you know it’s risky sha
Na bill coin this kind thing de make sense o
Withdraw profit leave the rest
Re: Crypto Currency Investors Thread by Humphery09(m): 10:27pm On Aug 18, 2022
What is wrong with OP coin I thought it should be pumping along ethereum cause of the merge but it keeps going down and down by the day
Re: Crypto Currency Investors Thread by Titanium001: 11:44pm On Aug 18, 2022
Humphery09:
What is wrong with OP coin I thought it should be pumping along ethereum cause of the merge but it keeps going down and down by the day
This is a common mindset among newbies, and it leads directly to the trenches. No coin keeps qoing bullish simply because that's what you want, ask oga btece.

Instead of buying a yeye coin and starting prayer and fasting, it's better you buy a good coin and relax. Dey no de lay mat for where fowl qo sleep

8 Likes

Re: Crypto Currency Investors Thread by atinga1: 1:36am On Aug 19, 2022
Titanium001:
This is a common mindset among newbies, and it leads directly to the trenches. No coin keeps qoing bullish simply because that's what you want, ask oga btece.

Instead of buying a yeye coin and starting prayer and fasting, it's better you buy a good coin and relax. Dey no de lay mat for where fowl qo sleep
People buy coins late and cry when it's not going the way they wanted it.
The OP coin was at 0.6 for sometime and I'm sure he did not buy. When it eventually went up, he bought it, hoping it will continue.
Re: Crypto Currency Investors Thread by Babalakin(m): 2:06am On Aug 19, 2022
grin
R2bees2:
Longing BTC here till tomorrow.... Currently 23,390....NFA
Re: Crypto Currency Investors Thread by sulakishop(m): 3:01am On Aug 19, 2022
Hmmmmmmmmmmm
Re: Crypto Currency Investors Thread by Geovanni412(m): 3:07am On Aug 19, 2022
Goldbw122:

Smart

Btc could go as low as 21800. The play to make right now is to wait for like 8 -12hrs. That would be the best time to pick any potential short move. Those who took the trade, just hold on at least till the close of today and probably tomorrow as well.

4 Likes

Re: Crypto Currency Investors Thread by Goldbw122(m): 3:37am On Aug 19, 2022
Geovanni412:


Btc could go as low as 21800. The play to make right now is to wait for like 8 -12hrs. That would be the best time to pick any potential short move. Those who took the trade, just hold on at least till the close of today and probably tomorrow as well.
Is already playing out
The market is just unpredictable, I like your analysis, good one.

1 Like

Re: Crypto Currency Investors Thread by SmallDick99(m): 5:47am On Aug 19, 2022
What happened? I woke up almost liquidated sad

My long position on ETHEREUM is still open, but I'm thinking of closing it... what do u guys think, will it go much lower than this?
Re: Crypto Currency Investors Thread by Siberia01(m): 6:48am On Aug 19, 2022
SmallDick99:
What happened? I woke up almost liquidated sad

My long position on ETHEREUM is still open, but I'm thinking of closing it... what do u guys think, will it go much lower than this?
.... grin
Una go dey rush into futures.... Oga BTc must touch 22500 before trying to make any move up
Re: Crypto Currency Investors Thread by Fastt: 7:46am On Aug 19, 2022
Longers don chop breakfast. grin


Make Una go find work o. If you no get work. Enter my website , write to me make I employ you. Cos the world is tough right now.

3 Likes 1 Share

Re: Crypto Currency Investors Thread by Fastt: 7:50am On Aug 19, 2022
Siberia01:
.... grin
Una go dey rush into futures.... Oga BTc must touch 22500 before trying to make any move up

21400. This is what happens when we try to draw lines up and down on speculative, manipulative asset. Éxchanges have your orders, they have the coins, they can decide to give you paper coins , sell your coins, burrow out your coins etc.
Which is why,any coin I buy, I withdraw to my wallet. Put alert, once I feel confortable selling, I push to exchange,sell carry my money commot. I no dey sleep for this market. Robbers plenty cheesy

9 Likes

Re: Crypto Currency Investors Thread by Siberia01(m): 7:58am On Aug 19, 2022
Fastt:


21400. This is what happens when we try to draw lines up and down on speculative, manipulative asset. Éxchanges have your orders, they have the coins, they can decide to give you paper coins , sell your coins, burrow out your coins etc.
Which is why,any coin I buy, I withdraw to my wallet. Put alert, once I feel confortable selling, I push to exchange,sell carry my money commot. I no dey sleep for this market. Robbers plenty cheesy
grin grin
Re: Crypto Currency Investors Thread by Omobola121(f): 8:00am On Aug 19, 2022
Lol....

Fastt:
Longers don chop breakfast. grin


Make Una go find work o. If you no get work. Enter my website , write to me make I employ you. Cos the world is tough right now.
Re: Crypto Currency Investors Thread by SmallDick99(m): 8:00am On Aug 19, 2022
Crypto is not mental health friendly cry



*****

9 Likes 3 Shares

Re: Crypto Currency Investors Thread by Geovanni412(m): 8:01am On Aug 19, 2022
Kingsteve:


Do you realise we may never see 21k till September?
Even in September, 21k still looks far fetched.
This means that while people are waiting for 21k, trading opportunities will come and go.

Do you know how much profits I've made since yesterday and today?
Why wait for 21k that is farfetched, when you can make decent profits NOW?

This is almost the same scenario when people were waiting for the 14k drop which never happened, and will never happen this year.

Anyway, different strokes for different folks!

Kingsteve, what were you saying about 21k again?

7 Likes

Re: Crypto Currency Investors Thread by frioslegend02: 8:05am On Aug 19, 2022
SmallDick99:
What happened? I woke up almost liquidated sad

My long position on ETHEREUM is still open, but I'm thinking of closing it... what do u guys think, will it go much lower than this?

The Bearish momentum is very high. No one know when a retracement would happen.

1 Like 1 Share

Re: Crypto Currency Investors Thread by OpmOfficer: 8:17am On Aug 19, 2022
Omo this drop won cancel 3 weekly trend lines at once.
How I take enter long position Waka leave am since yesterday with out remembering I no know, my village most hear from my cheif priest I swear.

3 Likes

Re: Crypto Currency Investors Thread by XaToXi: 8:28am On Aug 19, 2022
Geovanni412:
Chart doesn't look too clear. I expect a BIG move to occur - not sure which direction it takes. Smart move to make would be to hedge it .
Idea : enter a long with 22900 as s/l and enter a short with 24100 as s/l.

Very BIG move indeed.

Kudos.

6 Likes

Re: Crypto Currency Investors Thread by lrman(m): 8:30am On Aug 19, 2022
Time to BUY.

The MACD and the RSI is already displaying what you need to know..

Just chill , the new 12 hours candle will confirm the bullish movement..

2 Likes

Re: Crypto Currency Investors Thread by Geovanni412(m): 8:30am On Aug 19, 2022
frioslegend02:


The Bearish momentum is very high. No one know when a retracement would happen.

Retracement is possible around the 20.7k area but this is a scalping move and very risky unless one is willing to wait for like 12 plus hours before attempting a buy at that zone.
Re: Crypto Currency Investors Thread by pinkygurl(f): 8:32am On Aug 19, 2022
R2bees2:
Longing BTC here till tomorrow.... Currently 23,390....NFA
19th August 7:30am gmt +1 grin BTC 21 220.0 undecided
Re: Crypto Currency Investors Thread by Kingsteve(m): 8:32am On Aug 19, 2022
Geovanni412:


Kingsteve, what were you saying about 21k again?

Why wait for 21k when there were trading opportunities to take advantage of then?
That was my message.

Well, the 21k happened sooner than the expected September projection.

2 Likes

Re: Crypto Currency Investors Thread by XaToXi: 8:41am On Aug 19, 2022
When bottom?
Re: Crypto Currency Investors Thread by SmallDick99(m): 8:48am On Aug 19, 2022
XaToXi:
When bottom?
Bottomless pit grin

3 Likes

Re: Crypto Currency Investors Thread by Kingsteve(m): 8:49am On Aug 19, 2022
XaToXi:
When bottom?

I'm just hoping that the wick at 21.4k is a sign of a support.
Seriously, I didn't see this drop happening now, and I can only attribute it to the UK's all time high inflation at 10.1%

4 Likes

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