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Crypto Currency Investors Thread - Investment (2737) - Nairaland

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Re: Crypto Currency Investors Thread by Omobola121(f): 11:12am On Sep 03, 2022
Yes.

samuelgodson:
Abeg una way dey use nettler Nd skrill shey na 9ja details una use

Omobola121
Re: Crypto Currency Investors Thread by atinga1: 12:43pm On Sep 03, 2022
nna777:


Yes. At least you get appreciation from exchange rate.
With added yearly 10% for BUSD staked on flexible savings.

1 Like

Re: Crypto Currency Investors Thread by Nobody: 12:45pm On Sep 03, 2022
sircatherine45:


Crypt0 has it's good and bad sides, but one thing I always say is this: Health first, then wealth.

To quit hard, I no lie you cos of the profits involved, but try take a rest. The markets ain't what it used to be, people were predicting a bull run for 2023, and I'm quite pessimistic about the forecast, but let's see how things will shape up.

For now, I'm still on sabbatical leave, make I no go turn mad man because of coins.

fact
what many people dont know is that there is a season to cash in and a season to take a break. reason many of them chasing futures up and down have arrived village in buses long ago. after a bull season whales collect block and take a break, small fish jump in and get fried. 2017 bull run made millionaires - 2018 enthusiasts got roasted.. 2020 and 21 runs also made another set of rich people, 2022 addicts will lose the little they have left

10 Likes 2 Shares

Re: Crypto Currency Investors Thread by Toratora: 12:51pm On Sep 03, 2022
Just found this thread now.

I believe almost all here are mining (accumulating)Renec as mining ends in 27 days time to be exact 30th September and mainnet launches on the first week of October.

I'll be surprised though if no one is mining as it's better to accumulate some instead of hoping to buy it when it launches.

1 Like

Re: Crypto Currency Investors Thread by Truthshotcrazy: 1:09pm On Sep 03, 2022
Binancian:


fact
what many people dont know is that there is a season to cash in and a season to take a break. reason many of them chasing futures up and down have arrived village in buses long ago. after a bull season whales collect block and take a break, small fish jump in and get fried. 2017 bull run made millionaires - 2018 enthusiasts got roasted.. 2020 and 21 runs also made another set of rich people, 2022 addicts will lose the little they have left
Nice one. I have gone on trading break (margins & futures) and vacated chasing the market up and down this bear season.
DCA on spot is just the best now for the crypto winter.

1 Like 1 Share

Re: Crypto Currency Investors Thread by danowena: 2:10pm On Sep 03, 2022
Toratora:
Just found this thread now.

I believe almost all here are mining (accumulating)Renec as mining ends in 27 days time to be exact 30th September and mainnet launches on the first week of October.

I'll be surprised though if no one is mining as it's better to accumulate some instead of hoping to buy it when it launches.

Chasing the markets can be very exhilarating and addictive but we all need to get thinking and take breaks. For me holding is the best.

1 Like 1 Share

Re: Crypto Currency Investors Thread by sircatherine45(m): 2:24pm On Sep 03, 2022
Binancian:


fact
what many people dont know is that there is a season to cash in and a season to take a break. reason many of them chasing futures up and down have arrived village in buses long ago. after a bull season whales collect block and take a break, small fish jump in and get fried. 2017 bull run made millionaires - 2018 enthusiasts got roasted.. 2020 and 21 runs also made another set of rich people, 2022 addicts will lose the little they have left

"what many people dont know is that there is a season to cash in and a season to take a break".

That's the KEYWORD.

2 Likes

Re: Crypto Currency Investors Thread by myonekobosay: 2:29pm On Sep 03, 2022
Anyone with an idea on why my binannce p2p sell order is not showing up on the buy list?
Re: Crypto Currency Investors Thread by pinkyruledworld(m): 2:53pm On Sep 03, 2022
myonekobosay:
Anyone with an idea on why my binannce p2p sell order is not showing up on the buy list?
Go to filter and uncheck the "show merchant" option

5 Likes

Re: Crypto Currency Investors Thread by Betensure: 3:46pm On Sep 03, 2022
Someone should help me with 20 Tron for Network fees...I transfer to the person
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 4:01pm On Sep 03, 2022
moshuur:

I hope u'll be here when d bulls take over...

including d other OG's (iLegendd , jedisco,, XaToXi , nna777 , deflover , Ezemarcel , Ikillbrokehoes, Sailor1, sircatherine45, Ibime, Singapore1, OpenHeaven2019)

I sincerely hope u guys will contribute to d thread when d time is right.

Personally, me don leave crypto until we have an idea where we're going....cuz this moves is still in range (local man has to shift focus to other things)....

Greetings to everyone on this thread ....

I'll be here telling newbies to take profit and they won't listen to me as expected.

21 Likes

Re: Crypto Currency Investors Thread by DrShomo: 5:39pm On Sep 03, 2022
Lol,... Happy weekend,... ?wink
Re: Crypto Currency Investors Thread by angelfallz(m): 6:00pm On Sep 03, 2022
Nice one. But why not trade on binance or bybit or FTX or any of the reputable Crypto trading platforms?

Ikillbrokehoes:
UPDATE

Almost a week of holding and it's paying, BeeTeeCee still melting.
grin

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Robnectar(m): 7:08pm On Sep 03, 2022
Toratora:
Just found this thread now.

I believe almost all here are mining (accumulating)Renec as mining ends in 27 days time to be exact 30th September and mainnet launches on the first week of October.

I'll be surprised though if no one is mining as it's better to accumulate some instead of hoping to buy it when it launches.


And also I hope someone is minning Star network,


Use robnectar as referral

1 Like

Re: Crypto Currency Investors Thread by myonekobosay: 7:38pm On Sep 03, 2022
Thanks a bunch
pinkyruledworld:
Go to filter and uncheck the "show merchant" option
Re: Crypto Currency Investors Thread by NJV: 8:02pm On Sep 03, 2022
How's the crypto market going
Re: Crypto Currency Investors Thread by Goldbw122(m): 5:42am On Sep 04, 2022
NJV:
How's the crypto market going
The market looks boring.

1 Like 1 Share

Re: Crypto Currency Investors Thread by samuelgodson(m): 9:53am On Sep 04, 2022
Omobola121:
Yes.

thanks
Re: Crypto Currency Investors Thread by Geovanni412(m): 10:20am On Sep 04, 2022
Truthshotcrazy:

Nice one. I have gone on trading break (margins & futures) and vacated chasing the market up and down this bear season.
DCA on spot is just the best now for the crypto winter.

It is very dangerous to DCA right now sef. The last time we had a major tech bubble in the 2000's, amazon lost over 95 percent of it's value. It dropped from 5.6 dollars in December 1999 to 0.28 dollars in October 2001 - see the amzn chart below. I believe the market can show minor signs of recovery by June 2023. Some analysts like Harry dent jr are predicting 2024 as the best time to buy.
TIme will tell - the best thing to do as an investor is to wait till Q2 2023, by then, things will be a lot clearer than they are now.

1 Like

Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 10:47am On Sep 04, 2022
If you got the Yootlist and want to Colab.

Send me a mail.
Re: Crypto Currency Investors Thread by DaemoLee: 11:16am On Sep 04, 2022
U will find peace and joy in this current market movement when u learn to trade only one coin at a time.

Study ur chosen coin movement on its 1 wk, daily, and preferred mins time frame, u will knw when to buy low, and sell high while u accumulate more.

Accumulation isn't the goal but making money is!

5 Likes 1 Share

Re: Crypto Currency Investors Thread by seankafor(m): 11:18am On Sep 04, 2022
Geovanni412:


It is very dangerous to DCA right now sef. The last time we had a major tech bubble in the 2000's, amazon lost over 95 percent of it's value. It dropped from 5.6 dollars in December 1999 to 0.28 dollars in October 2001 - see the amzn chart below. I believe the market can show minor signs of recovery by June 2023. Some analysts like Harry dent jr are predicting 2024 as the best time to buy. TIme will tell - the best thing to do as an investor is to wait till Q2 2023, by then, things will be a lot clearer than they are now.
I laugh at y'all self acclaimed analysts when you dish out these half baked beer parlour analysis grin

You lots sounds like you re sure of what you re saying but overtime, the market has proves that y'all are nothing but amateurs and tim bom timbom analysts..
Try and error analysts grin

I pity people who queue in to these trash's you all says..

Y'all trying to time the market will all fail like park of cards..

It's either you believe in crypto or you don't.. no in-between

No playing both sides cool

10 Likes 3 Shares

Re: Crypto Currency Investors Thread by Truthshotcrazy: 12:04pm On Sep 04, 2022
Geovanni412:


It is very dangerous to DCA right now sef. The last time we had a major tech bubble in the 2000's, amazon lost over 95 percent of it's value. It dropped from 5.6 dollars in December 1999 to 0.28 dollars in October 2001 - see the amzn chart below. I believe the market can show minor signs of recovery by June 2023. Some analysts like Harry dent jr are predicting 2024 as the best time to buy. TIme will tell - the best thing to do as an investor is to wait till Q2 2023, by then, things will be a lot clearer than they are now.
Amazon lost over 95% of its value 2001 from 5.6dollars.
Amazon stock costs about $127.82 today September 4th 2022 , over 2000% increase .
And Jeff Bezos formerly richest man I n the world & from 2017 to 2021 second richest person in the world, ( Although wealth later split no thanks to his divorce,) is still among TOP 10 richest billionaires (in dollars) on earth, THANKS TO AMAZON .
Amazon today is among the BIG FIVE American information technology companies today alongside Microsoft, Meta, Apple and Alphabet. Amazon stood the internet bubble and is still standing tall and proud today. Jeff Bezos and all share holders had the last laugh.
Yes it lost over 95% value in 2001. The ultimate question is Did it rebound? Did it stay down ever after it got knocked down?
You might want to buttress your point by citing case of LUNA which lost over 95% of its value, has no bearing today, wobbling ever after and all agreed It was a rug pull.
Take it or leave it, like sb correctly said and l quote it’s either you believe in crypto or you don’t.
No better time to DCA on the king himself Bitcoin BTC than now. I would only advise one to be careful of some of these alternate shit coins. Some alternate shit coins went into total oblivion last BTC 2018crash & never resurrected ever again. DYOR

7 Likes 3 Shares

Re: Crypto Currency Investors Thread by doyin01: 12:39pm On Sep 04, 2022
Truthshotcrazy:
Amazon lost over 95% of its value 2001 from 5.6dollars.
Amazon stock costs about $127.82 today September 4th 2022 , over 2000% increase .
And Jeff Bezos formerly richest man I n the world & from 2017 to 2021 second richest person in the world, ( Although wealth later split no thanks to his divorce,) is still among TOP 10 richest billionaires (in dollars) on earth, THANKS TO AMAZON .
Amazon today is among the BIG FIVE American information technology companies today alongside Microsoft, Meta, Apple and Alphabet. Amazon stood the internet bubble and is still standing tall and proud today. Jeff Bezos and all share holders had the last laugh.
Yes it lost over 95% value in 2001. The ultimate question is Did it rebound? Did it stay down ever after it got knocked down?
You might want to buttress your point by citing case of LUNA which lost over 95% of its value, has no bearing today, wobbling ever after and all agreed It was a rug pull.
Take it or leave it, like sb correctly said and l quote it’s either you believe in crypto or you don’t.
No better time to DCA on the king himself Bitcoin BTC than now. I would only advise one to be careful of some of these alternate shit coins. Some alternate shit coins went into total oblivion last BTC 2018crash & never resurrected ever again. DYOR

Let me add to it...it is hypocrisy to trade futures and tell people not to DCA... ..

That is why I keep wondering if some people really trade at all like they claim or they are just catching cruise or just demo trading or just picking trades posted on another platform and bring it here.. because it is strange that someone trading futures will tell people not to DCA....its very very very funny. ..one was even saying people should not invest on the market till 2023...and this is same person trading futures...the capital he is using to trade ,is it not an investment ?? Or the money entered into the trading account by magic?? You are currently investing into the market by trading and you are still telling people not to invest...know be juju be that.. why not practice what you preach.

3 Likes 3 Shares

Re: Crypto Currency Investors Thread by Geovanni412(m): 1:53pm On Sep 04, 2022
Truthshotcrazy:
Amazon lost over 95% of its value 2001 from 5.6dollars.
Amazon stock costs about $127.82 today September 4th 2022 , over 2000% increase .
And Jeff Bezos formerly richest man I n the world & from 2017 to 2021 second richest person in the world, ( Although wealth later split no thanks to his divorce,) is still among TOP 10 richest billionaires (in dollars) on earth, THANKS TO AMAZON .
Amazon today is among the BIG FIVE American information technology companies today alongside Microsoft, Meta, Apple and Alphabet. Amazon stood the internet bubble and is still standing tall and proud today. Jeff Bezos and all share holders had the last laugh.
Yes it lost over 95% value in 2001. The ultimate question is Did it rebound? Did it stay down ever after it got knocked down?
You might want to buttress your point by citing case of LUNA which lost over 95% of its value, has no bearing today, wobbling ever after and all agreed It was a rug pull.
Take it or leave it, like sb correctly said and l quote it’s either you believe in crypto or you don’t.
No better time to DCA on the king himself Bitcoin BTC than now. I would only advise one to be careful of some of these alternate shit coins. Some alternate shit coins went into total oblivion last BTC 2018crash & never resurrected ever again. DYOR

Believing in crypto and eating a loss of at least 50 percent are two different things. I believe btc is not going anywhere anytime soon- I just don't believe in eating unnecessary losses in an economic situation that will only get worse with the energy crisis caused by Russia plus worsening inflation levels in the USA and the EU nations.
A lot of people claim to be investors but when this type of loss (50-80 percent drop) happens, they will be the first to blame whoever suggested they invest in coin A or B - those are the people I am addressing with my statement about waiting till q2 2023 to consider DCA.
Finally, I totally agree with you that some altcoins will never ever return after this mini-depression is over. It happened in the tech bubble - history always has a way of repeating itself.
Re: Crypto Currency Investors Thread by Geovanni412(m): 2:04pm On Sep 04, 2022
Another issue, there's a big difference between being an investor and being a trader. https://www.investopedia.com/ask/answers/12/difference-investing-trading.asp.
Investing takes a long-term approach to the markets and often applies to such purposes as retirement accounts.
On the other hand, Trading involves short-term strategies to maximize returns daily, monthly, or quarterly.
Investors are more likely to ride out short-term losses, while traders will attempt to make transactions that can help them profit quickly from fluctuating markets.

As you can see, the goals of both players are entirely different. The uniting factor both have is that they utilise some form of market analysis to arrive at their decision - it could be technical or fundamental or a combination of both.

4 Likes

Re: Crypto Currency Investors Thread by atinga1: 2:04pm On Sep 04, 2022
I saw this on twitter...Energy crisis - Czech Republic protests.
Do whatever you want with this info.

5 Likes 1 Share

Re: Crypto Currency Investors Thread by pinkygurl(f): 2:07pm On Sep 04, 2022
Truthshotcrazy:
Amazon lost over 95% of its value 2001 from 5.6dollars.
Amazon stock costs about $127.82 today September 4th 2022 , over 2000% increase .
And Jeff Bezos formerly richest man I n the world & from 2017 to 2021 second richest person in the world, ( Although wealth later split no thanks to his divorce,) is still among TOP 10 richest billionaires (in dollars) on earth, THANKS TO AMAZON .
Amazon today is among the BIG FIVE American information technology companies today alongside Microsoft, Meta, Apple and Alphabet. Amazon stood the internet bubble and is still standing tall and proud today. Jeff Bezos and all share holders had the last laugh.
Yes it lost over 95% value in 2001. The ultimate question is Did it rebound? Did it stay down ever after it got knocked down?
Which 2000% increase only? shocked

It has even greatly greatly surpassed and outperformed 2000% increase per share. If you sit down and calculate the Mathematics well. It's over 20 000% increase from 2001. Don't forget it was split this year by 20:1 ratio to make it more affordable.
In layman terms, one unit of Tesla share for example was an average $900 last year 2021.this year 2022, Elon Musk split his share by 3:1 Thus making one unit of Tesla share to be valued at $300 average , Meaning someone who had one unit of Tesla share last year 2021 at $900, now possesses three Tesla shares valued at $300)

The closing price for Amazon in December 2000. Was $0.78 . It was down over 95% later from its peak in 2001.

Amazon recovered and hit $2000 per share by 2018. lt later had a market valuation of about $1 trillion and still shooting for the sky ever since. At some point the shares even hit $3000 per share.
Calculate the maths: If 1share was $6 2001, $100% increase is $12 per share. 200% $18, 300% $24, etc. MEANING AMAZON LATER RECOVERED TO OVER 20 000% INCREASE (about 33k plus % increase) from its 2001 crash/extreme lows.

Amazon price was $2447 in June 2022. The reason you are seeing $122 average now today September 2022 is due to shares split.meaning sb with one unit of shares in 2001, or one unit of shares June 2022.; Now possesses about 20 units of Amazon shares today September 2022.So be guided.


"Amazon Stock is splitting https://www.barrons.com/amp/articles/amazon-stock-splitting-new-price-51654287026

https://eresearch.fidelity.com/eresearch/evaluate/news/basicNewsStory.jhtml?symbols=AMZN&storyid=202203191357BENZINGAFULLNGTH26210945&provider=BENZINGA&product=FULLNGTH&sb=1

4 Likes

Re: Crypto Currency Investors Thread by deflover(m): 2:23pm On Sep 04, 2022
Yellowblack:



Please link to the ebook... Lemme read too.. i need knowledge.. God bless Omobola in advance...

https://www.amazon.com/WHALE-CATCHER-USING-CANDLE-CRYPTOCURRENCY-ebook/dp/B09Y8XT8PJ/ref=mp_s_a_1_1?qid=1661360439&refinements=p_27%3AANIGBOGBO+GODFREY&s=digital-text&sr=1-1&text=ANIGBOGBO+GODFREY
Re: Crypto Currency Investors Thread by deflover(m): 2:25pm On Sep 04, 2022
moshuur:

I hope u'll be here when d bulls take over...

including d other OG's (iLegendd , jedisco,, XaToXi , nna777 , deflover , Ezemarcel , Ikillbrokehoes, Sailor1, sircatherine45, Ibime, Singapore1, OpenHeaven2019)

I sincerely hope u guys will contribute to d thread when d time is right.

Personally, me don leave crypto until we have an idea where we're going....cuz this moves is still in range (local man has to shift focus to other things)....

Greetings to everyone on this thread ....


I will...for now I see more lows of btc $11k
As nasdaq retest $11k
If it holds then btc will begin to head back up.

1 Like 1 Share

Re: Crypto Currency Investors Thread by OffsahBoye(m): 2:49pm On Sep 04, 2022
When beetece was @52k people said it was a mere retrace,beetecee to the moon
@48k buy the dip
@42k mere capitulation buy the dip
@32k market wants to flush weak hands away DCA
@28k DCA rally incoming

Now @19k the same people Hoping for 100-210k are saying it'll go down more and advising you not to buy

When there's more people hoping it'll go up, Market will do the opposite
When a lot of people are waiting to buy dip, they'll end up jumping in FOMO

I'm not saying btece will go to 40k tomorrow

But buying at 19k is better than someone that bought at 32k

Any money you want to put now just make sure you can endure pain or even buy more if it eventually goes lower

For now,my hand no fit touch anything other than beetece and Eithy

Happy Sunday y'all

14 Likes 3 Shares

Re: Crypto Currency Investors Thread by pinkygurl(f): 2:57pm On Sep 04, 2022
OffsahBoye:
When beetece was @52k people said it was a mere retrace,beetecee to the moon
@48k buy the dip
@42k mere capitulation buy the dip
@32k market wants to flush weak hands away DCA
@28k DCA rally incoming

Now @19k the same people Hoping for 100-210k are saying it'll go down more and advising you not to buy

When there's more people hoping it'll go up, Market will do the opposite
When a lot of people are waiting to buy dip, they'll end up jumping in FOMO

I'm not saying btece will go to 40k tomorrow

But buying at 19k is better than someone that bought at 32k

Any money you want to put now just make sure you can endure pain or even buy more if it eventually goes lower

For now,my hand no fit touch anything other than beetece and Eithy

Happy Sunday y'all
Spot on.
Sha try add LUNA and LUNC to the bag. thank me later. (Laughs wickedly in magical powers) grin

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