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Crypto Currency Investors Thread - Investment (2715) - Nairaland

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Re: Crypto Currency Investors Thread by Geovanni412(m): 3:04pm On Aug 20, 2022
Titanium001:
Can you open the door when you guys are done speaking in tongues? We want to enter cheesy

Bro, you can take a short on btc with s/l at 22600 with tp 1 at 19800 and tp2 at 19100. I doubt btc will violate the stop loss of 22600.
The move is risky considering how far btc has dropped- so if you want to play it super cautious, enter with HALF (1/2) of the risk you'd normally play with for your normal futures trading.
Re: Crypto Currency Investors Thread by randy01(m): 3:49pm On Aug 20, 2022
For those trader wanting to short BTC wait BTC is not showing direction now.shorting BTC now is pure wahala.until BTC break 20800 and finish under it.that is when we can continue to 19300.
Until then I urge trader to sit back unless you have money to risk.saving capital is number 1 priority.

Trading is business of probability cuz nothing works 100% but trading when you are 70% sure is sure way to afford to much lose.

6 Likes

Re: Crypto Currency Investors Thread by Yourfav: 3:53pm On Aug 20, 2022
Florasilver:


What's with this yellow card everywhere sef? Are they dashing pple money there? That was how arbitrage pple talked up and down, now we are not hearing anything from them again. Now it's yellow card.
because they're offer zero transaction fee, I think that's why people keep referring to it
Re: Crypto Currency Investors Thread by Geovanni412(m): 4:42pm On Aug 20, 2022
randy01:
For those trader wanting to short BTC wait BTC is not showing direction now.shorting BTC now is pure wahala.until BTC break 20800 and finish under it.that is when we can continue to 19300.
Until then I urge trader to sit back unless you have money to risk.saving capital is number 1 priority.

Trading is business of probability cuz nothing works 100% but trading when you are 70% sure is sure way to afford to much lose.

I get your point but the best moves usually occur when the market looks very confused. An example is what happened when we were at 23400.

1 Like

Re: Crypto Currency Investors Thread by Truthshotcrazy: 5:25pm On Aug 20, 2022
Geovanni412:


Chief, are you sure you trust the waves coin that much? Bear trend no be anybody mate oh - some coins might go for relegation and never ever return. This post is related to stocks and the dot-com bubble of the 2000s but it gives you an idea of what could happen to many cryptos. See post below : https://en.wikipedia.org/wiki/List_of_companies_affected_by_the_Dot-Com_Bubble
Nice read

1 Like

Re: Crypto Currency Investors Thread by Florasilver: 6:05pm On Aug 20, 2022
Yourfav:
because they're offer zero transaction fee, I think that's why people keep referring to it

Oh I see! But how much is transaction fee in regular exchanges that a trader cannot afford? Except those always looking for free stuff Sha!

1 Like

Re: Crypto Currency Investors Thread by save4live: 10:22pm On Aug 20, 2022
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Re: Crypto Currency Investors Thread by seanwilliam(m): 2:44am On Aug 21, 2022
sircatherine45:
These coins wan almost wreck me

Loosing $1000 and still counting...everywhere red. But thank God say to get tech sense make brain.

At least I don use staking recover like quarter.

Cripto is not for the faint hearted. It wrecks mental health and causes insomnia, HBP and even depression

Las las, may coins no lead to our downfall. Isee!


Not using this to discourage anyone , but tbh, since I sold all my coins and stopped scalping / hodling BS, I’ve got peace of mind , as in , my heart no Dey race unnecessarily again, e don tey wey I open coin gecko or any crypto updates app self, sometimes I can go 4 days without checking updates on coins on here , and funnily enough , I’ve recovered all my losses from last year till now.. I don fresh grin, I go just sleep and wake like person wey no get problem grin and I’m fully set for BULL (500$ pere is set aside for BULL AND COW grin and if bull also decides to deal with me, then I don get enough justification to kiss crypto good bye grin grin) .. I’ve learnt enough risk management on here though and the only coins I have now are usdt and peacecoin .

I guess Faint-hearted applies to me sha cos I no too get mind to Dey put my money for where my mouth no reach grin

13 Likes

Re: Crypto Currency Investors Thread by seanwilliam(m): 2:49am On Aug 21, 2022
Born2conquer:

Since I lost $2k in future, I haven't traded since

I prefer holding, I will pump 1.6M on btc,eth and Sol once BTC hit 17k
anytime I see the bolded , I Dey get heart burns
Re: Crypto Currency Investors Thread by Born2conquer: 3:08am On Aug 21, 2022
seanwilliam:
anytime I see the bolded , I Dey get heart burns
why
Re: Crypto Currency Investors Thread by Geovanni412(m): 5:07am On Aug 21, 2022
Market is in full on range mode at 20.8k level. If you can wait for like 2-4 days, you'll get a big move to trade. If you no get patience, you can exit and wait on the sidelines till weekday.

1 Like

Re: Crypto Currency Investors Thread by Geovanni412(m): 5:22am On Aug 21, 2022
Market is in full on range mode at 20.8k level. If you can wait for like 2-4 days, you'll get a big move to trade. If you no get patience, you can exit and wait on the sidelines till weekday.
Re: Crypto Currency Investors Thread by seankafor(m): 5:47am On Aug 21, 2022
seanwilliam:



Not using this to discourage anyone , but tbh, since I sold all my coins and stopped scalping / hodling BS, I’ve got peace of mind , as in , my heart no Dey race unnecessarily again, e don tey wey I open coin gecko or any crypto updates app self, sometimes I can go 4 days without checking updates on coins on here , and funnily enough , I’ve recovered all my losses from last year till now.. I don fresh grin, I go just sleep and wake like person wey no get problem grin and I’m fully set for BULL (500$ pere is set aside for BULL AND COW grin and if bull also decides to deal with me, then I don get enough justification to kiss crypto good bye grin grin) .. I’ve learnt enough risk management on here though and the only coins I have now are usdt and peacecoin .

I guess Faint-hearted applies to me sha cos I no too get mind to Dey put my money for where my mouth no reach grin
so why are you telling us undecided

7 Likes

Re: Crypto Currency Investors Thread by Enyinne(f): 7:07am On Aug 21, 2022
Its like we dey same boat , i almost lost my mind doing this stuff and losing good sleep daily with a racing heartrate. Na so I calculated my efforts and inputs , I found out my physical business is suffering and healthwise i will be affected tremendously. I closed all trade and stopped watching all websites until recently I decided to peep inside small grin i guess na devil trying to tempt me . Abeg make i face my hussle for now till further notice unless price hit 10k to 15k then i will consider trying it out as I know definitely profit go sure grin
seanwilliam:



Not using this to discourage anyone , but tbh, since I sold all my coins and stopped scalping / hodling BS, I’ve got peace of mind , as in , my heart no Dey race unnecessarily again, e don tey wey I open coin gecko or any crypto updates app self, sometimes I can go 4 days without checking updates on coins on here , and funnily enough , I’ve recovered all my losses from last year till now.. I don fresh grin, I go just sleep and wake like person wey no get problem grin and I’m fully set for BULL (500$ pere is set aside for BULL AND COW grin and if bull also decides to deal with me, then I don get enough justification to kiss crypto good bye grin grin) .. I’ve learnt enough risk management on here though and the only coins I have now are usdt and peacecoin .

I guess Faint-hearted applies to me sha cos I no too get mind to Dey put my money for where my mouth no reach grin

3 Likes

Re: Crypto Currency Investors Thread by sircatherine45(m): 7:29am On Aug 21, 2022
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Re: Crypto Currency Investors Thread by Geovanni412(m): 7:30am On Aug 21, 2022
Enyinne:
Its like we dey same boat , i almost lost my mind doing this stuff and losing good sleep daily with a racing heartrate. Na so I calculated my efforts and inputs , I found out my physical business is suffering and healthwise i will be affected tremendously. I closed all trade and stopped watching all websites until recently I decided to peep inside small grin i guess na devil trying to tempt me . Abeg make i face my hussle for now till further notice unless price hit 10k to 15k then i will consider trying it out as I know definitely profit go sure grin

15k is a very good place to buy unless wotowoto drop happens.
Re: Crypto Currency Investors Thread by sircatherine45(m): 7:30am On Aug 21, 2022
seanwilliam:



Not using this to discourage anyone , but tbh, since I sold all my coins and stopped scalping / hodling BS, I’ve got peace of mind , as in , my heart no Dey race unnecessarily again, e don tey wey I open coin gecko or any crypto updates app self, sometimes I can go 4 days without checking updates on coins on here , and funnily enough , I’ve recovered all my losses from last year till now.. I don fresh grin, I go just sleep and wake like person wey no get problem grin and I’m fully set for BULL (500$ pere is set aside for BULL AND COW grin and if bull also decides to deal with me, then I don get enough justification to kiss crypto good bye grin grin) .. I’ve learnt enough risk management on here though and the only coins I have now are usdt and peacecoin .

I guess Faint-hearted applies to me sha cos I no too get mind to Dey put my money for where my mouth no reach grin

Thank God for you, my bro. Abeg just let it stay like this. I understand all you wrote, no be discouragement, Na the real truth you talk. I love Bold talk.

I'm recovering from the maniac and addictive world of crypt0. It made me an alien. From checking my phone like 1000 times per day to staying in darkness for months (electricity no be problem) to avoiding calls from my family and friends. Haa!

That was when I knew I was running amok ooooo! I had to do a u-turn. I'm in my parent's house now chilling with nice weather and farm work. This made me realign with nature.

Abeg I no fit talk much. Make I enjoy my holidays smiley grin grin

8 Likes

Re: Crypto Currency Investors Thread by Geovanni412(m): 7:39am On Aug 21, 2022
Expecting a BIG move to happen soon. I suspect it may happen today since btc has retested the 21.2k level for three days straight.
My prediction is that it breaks to the downside. Alternatively, one can hedge the move:
go short with s/l at 22300
go long with s/l at 20300

1 Like

Re: Crypto Currency Investors Thread by randy01(m): 8:27am On Aug 21, 2022
Good morning

3 Likes

Re: Crypto Currency Investors Thread by Mynameis007(m): 9:05am On Aug 21, 2022
Geovanni412:
Expecting a BIG move to happen soon. I suspect it may happen today since btc has retested the 21.2k level for three days straight.
My prediction is that it breaks to the downside. Alternatively, one can hedge the move:
go short with s/l at 22300
go long with s/l at 20300

Guy, you don't sound convincing with your calls, abi na analysis.
If I was a day trader, I won't feel comfortable with your calls, because your calls or analysis lacks in depth explanation.
All you say is do this, do that, yet, I haven't seen the results on the Bitcoin chart to suggest you're good with your calls.
And I'm not just saying this based on recent price movements, I've been following this thread silently and reading your comments and price predictions.
It's more of a guess work than actual knowledge of the market movements.
Just my observations anyway, no hard feelings.

3 Likes 1 Share

Re: Crypto Currency Investors Thread by Goldbw122(m): 9:18am On Aug 21, 2022
Mynameis007:


Guy, you don't sound convincing with your calls, abi na analysis.
If I was a day trader, I won't feel comfortable with your calls, because your calls or analysis lacks in depth explanation.
All you say is do this, do that, yet, I haven't seen the results on the Bitcoin chart to suggest you're good with your calls.
And I'm not just saying this based on recent price movements, I've been following this thread silently and reading your comments and price predictions.
It's more of a guess work than actual knowledge of the market movements.
Just my observations anyway, no hard feelings.
the market is really confusing right now so the best trade is not take any trade for now so you should wait for confirmation before trading

4 Likes 1 Share

Re: Crypto Currency Investors Thread by Seankhalifa: 9:18am On Aug 21, 2022
China economy is collapsing... btc must enter dat 12k.. 11k....

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Goldbw122(m): 9:20am On Aug 21, 2022
seanwilliam:



Not using this to discourage anyone , but tbh, since I sold all my coins and stopped scalping / hodling BS, I’ve got peace of mind , as in , my heart no Dey race unnecessarily again, e don tey wey I open coin gecko or any crypto updates app self, sometimes I can go 4 days without checking updates on coins on here , and funnily enough , I’ve recovered all my losses from last year till now.. I don fresh grin, I go just sleep and wake like person wey no get problem grin and I’m fully set for BULL (500$ pere is set aside for BULL AND COW grin and if bull also decides to deal with me, then I don get enough justification to kiss crypto good bye grin grin) .. I’ve learnt enough risk management on here though and the only coins I have now are usdt and peacecoin .

I guess Faint-hearted applies to me sha cos I no too get mind to Dey put my money for where my mouth no reach grin
Did you recover from holding or trading, I don't really understand or you just kept the coin there?
Re: Crypto Currency Investors Thread by Goldbw122(m): 9:20am On Aug 21, 2022
Seankhalifa:
China economy is collapsing... btc must enter dat 12k.. 11k....
OK that is a nice information
Re: Crypto Currency Investors Thread by Mynameis007(m): 9:31am On Aug 21, 2022
Goldbw122:
the market is really confusing right now so the best trade is not take any trade for now so you should wait for confirmation before trading

I am not a day trader, so I can't even open a trade right now.
My point is that he doesn't sound convincing with his calls.
Since yesterday, he has said so many different things regarding price movement, which adds more confusion to those who would probably want to rely on his calls.
As we speak, Bitcoin price looks more like going up, but he has been talking about shorting and Bitcoin price going downwards from this level.
In my opinion, I think he is too one-dimensional.

1 Like

Re: Crypto Currency Investors Thread by seankafor(m): 9:33am On Aug 21, 2022
randy01:
Good morning
this Ben Armstrong that has been exposed for promoting rug pull coins undecided

A scammer he is
Re: Crypto Currency Investors Thread by seankafor(m): 9:38am On Aug 21, 2022
Seankhalifa:
China economy is collapsing... btc must enter dat 12k.. 11k....
china collapse is as a result of their over depending on real estate

They ditched crypto for real estate.. banks are folded up because they couldn't account for their over excess loans they gave to real estate companies which rug pulled..

So china entering in recession doesn't have any effect in crypto

It proves more of the fact that real estate is the real Ponzi

2 Likes

Re: Crypto Currency Investors Thread by Kingsteve(m): 9:47am On Aug 21, 2022
Kingsteve:
After the storm comes the calm!
Is the selloff coming to a halt?

Well, let's see...
Looking at the weekly BTC chart, an ascending trend line formed from the ATL at 17k.
Ever since BTC price dropped to those levels, there have been higher lows and higher highs which eventually took BTC price to the 25k region, before the recent plunge.

When you carefully study and analyse the ascending trend line, you will realise that there's a support at 20k price range.
That is...the last point of the trendline.

As higher lows keep forming, so would the trendline contine to grow, as I keep joining the points left by the wicks.

This price range is very crucial, because if that support is broken, then anything can happen from there.

However, BTC seems to be respecting that ascending trendline support, as it has recently bounced up from that region and back into the 21k territory.

I'm not going to read too much meaning into it for now, as anything can happen, just like we recently witnessed with the current BTC plunge.

Until that support is properly confirmed and BTC skyrockets from there, then I will be able to say once again...kudos to the brains behind the charting system for creating indicators that both traders and BTC price respect!

Let's see how this pans out.

New day, and BTC still respecting that ascending trendline support at 20k
BTC current price as at writing is 21.3k

If BTC closes the weekly candle above 21.3k or even 21.6k, expect more upward movements for next week's trading session.

As usual...we observe!

6 Likes 1 Share

Re: Crypto Currency Investors Thread by Geovanni412(m): 9:55am On Aug 21, 2022
Mynameis007:


Guy, you don't sound convincing with your calls, abi na analysis.
If I was a day trader, I won't feel comfortable with your calls, because your calls or analysis lacks in depth explanation.
All you say is do this, do that, yet, I haven't seen the results on the Bitcoin chart to suggest you're good with your calls.
And I'm not just saying this based on recent price movements, I've been following this thread silently and reading your comments and price predictions.
It's more of a guess work than actual knowledge of the market movements.
Just my observations anyway, no hard feelings.

if you were a day trader, why would you need to see my trade ideas or follow me? I'm shorting currently. I no dey force anybody to follow me and I no dey compete for best trader with anybody. You say it's 'guess work'- you're entitled to your opinion. I will continue to post the 'guess work' and in two months time (October) , evaluate the number of wins to losses and make your decision.

2 Likes

Re: Crypto Currency Investors Thread by Seankhalifa: 9:59am On Aug 21, 2022
lrman:


No one is certain of anything on the market...if you are so certain you would have put your life savings into it and short btc and your take profit target will be that 11k you mentioned.....but no you cannot do that because deep down you know nothing is certain on the market...
once it get to 12k to 11k... am going all in... from dia 100k btc is a sure banker.... all or nothing

1 Like

Re: Crypto Currency Investors Thread by Geovanni412(m): 9:59am On Aug 21, 2022
Mynameis007:


I am not a day trader, so I can't even open a trade right now.
My point is that he doesn't sound convincing with his calls.
Since yesterday, he has said so many different things regarding price movement, which adds more confusion to those who would probably want to rely on his calls.
As we speak, Bitcoin price looks more like going up, but he has been talking about shorting and Bitcoin price going downwards from this level.
In my opinion, I think he is too one-dimensional.

I am one-dimensional. I only follow the dominant trend- if I lose this short, I will look for a place to re-enter. I no dey find anything wey risk-reward ratio no dey at least 1:2 better yet 1:3 or more.

1 Like

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