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Crypto Currency Investors Thread - Investment (2869) - Nairaland

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Re: Crypto Currency Investors Thread by Siberia01(m): 4:40pm On Nov 07, 2022
seankafor:
is this a newly listed coin
yes mate
Re: Crypto Currency Investors Thread by Tonyblaze89: 5:18pm On Nov 07, 2022
Siberia01:
GRACEGLORY must be licking his wounds
Over Hashflow HFT cry
Nah me dey lick d wounds like this..��
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Re: Crypto Currency Investors Thread by atinga1: 7:08pm On Nov 07, 2022
Siberia01:
GRACEGLORY must be licking his wounds
Over Hashflow HFT cry
I bought at 1.10 and currently it's at 1.02. I'm gonna set another bid at 1.
We die there.
Re: Crypto Currency Investors Thread by Enyinne(f): 7:25pm On Nov 07, 2022
Do u think it will go back up? My $20 dey there and i bought at $2.5
atinga1:

I bought at 1.10 and currently it's at 1.02. I'm gonna set another bid at 1.
We die there.
Re: Crypto Currency Investors Thread by ALTERNATEID: 7:35pm On Nov 07, 2022
atinga1:

I bought at 1.10 and currently it's at 1.02. I'm gonna set another bid at 1.
We die there.

It is now less than $1
Re: Crypto Currency Investors Thread by atinga1: 7:36pm On Nov 07, 2022
Enyinne:
Do u think it will go back up? My $20 dey there and i bought at $2.5
It's definitely going up. I'm not buying to lose money.
Re: Crypto Currency Investors Thread by ALTERNATEID: 7:38pm On Nov 07, 2022
Enyinne:
Do u think it will go back up? My $20 dey there and i bought at $2.5

It is not anyways advisable to buy a new coin the day it was launched. Give it a day or 2 for price adjustment before going in. Wherever the case, you are in already so all you have to do now is wait. It will still go up definitely.
Re: Crypto Currency Investors Thread by atinga1: 7:39pm On Nov 07, 2022
ALTERNATEID:


It is now less than $1
E shock me grin
Re: Crypto Currency Investors Thread by atinga1: 7:50pm On Nov 07, 2022
While we were trying to buy at the "right price" Airdrop beneficiaries were dumping theirs hard.
Enyinne, we're heading to listing price grin

Re: Crypto Currency Investors Thread by XaToXi: 7:54pm On Nov 07, 2022
Anyone tried this new feature?

Pump or dump for usdt?

Re: Crypto Currency Investors Thread by seankafor(m): 7:58pm On Nov 07, 2022
XaToXi:
Anyone tried this new feature?

Pump or dump for usdt?
try it ans give us feedback
Re: Crypto Currency Investors Thread by XaToXi: 8:00pm On Nov 07, 2022
seankafor:
try it ans give us feedback

grin grin grin

I no get disposable bank account.

Me sef dey find scapegoat.
Re: Crypto Currency Investors Thread by Enyinne(f): 8:03pm On Nov 07, 2022
Do u know the listing price?
atinga1:
While we were trying to buy at the "right price" Airdrop beneficiaries were dumping theirs hard.
Enyinne, we're heading to listing price grin
Re: Crypto Currency Investors Thread by ALTERNATEID: 8:03pm On Nov 07, 2022
XaToXi:
Anyone tried this new feature?

Pump or dump for usdt?

I just tried it with 5k and I got 4,900NGN. There is a USDT/NGN trading pair so you can use it to buy USDT at current market price.
Re: Crypto Currency Investors Thread by XaToXi: 8:13pm On Nov 07, 2022
ALTERNATEID:


I just tried it with 5k and I got 4,900NGN. There is a USDT/NGN trading pair so you can use it to buy USDT at current market price.

Seems it will be cheaper to buy usdt directly on P2P then.

What narration showed in your bank statement after payment?
Re: Crypto Currency Investors Thread by seankafor(m): 8:16pm On Nov 07, 2022
ALTERNATEID:


I just tried it with 5k and I got 4,900NGN. There is a USDT/NGN trading pair so you can use it to buy USDT at current market price.
how much did it come out in USDT as paired to NGN
Re: Crypto Currency Investors Thread by doyin01: 8:18pm On Nov 07, 2022
So I tried the new usdt/ngn feature...yeah the naira deposit was successful and like around 2% was charged from the deposit of 20k...deposited 20k , received 19,600naira....tried to buy usdt at the usdt/ngn market and saw that it was priced at 834 naira which is the same price on the P2P too...I think the major benefit of the new feature is that you can buy usdt without going through P2P , but it is still the same prices....if not even cheaper on p2p since I do not need to pay 2% fee..

11 Likes 1 Share

Re: Crypto Currency Investors Thread by seankafor(m): 8:42pm On Nov 07, 2022
doyin01:
So I tried the new usdt/ngn feature...yeah the naira deposit was successful and like around 2% was charged from the deposit of 20k...deposited 20k , received 19,600naira....tried to buy usdt at the usdt/ngn market and saw that it was priced at 834 naira which is the same price on the P2P too...I think the major benefit of the new feature is that you can buy usdt without going through P2P , but it is still the same prices....if not even cheaper on p2p since I do not need to pay 2% fee..
this is what is called monkey business grin

5 Likes

Re: Crypto Currency Investors Thread by ALTERNATEID: 8:47pm On Nov 07, 2022
seankafor:
how much did it come out in USDT as paired to NGN

N841 the last time I checked.
Re: Crypto Currency Investors Thread by ALTERNATEID: 8:49pm On Nov 07, 2022
XaToXi:


Seems it will be cheaper to buy usdt directly on P2P then.

What narration showed in your bank statement after payment?

You will have to pay to the account of a verified merchant. It is just like the normal P2P transaction.

3 Likes 1 Share

Re: Crypto Currency Investors Thread by Siberia01(m): 9:17pm On Nov 07, 2022
grin

Nigerians looking to buy dollars at N445

9 Likes 1 Share

Re: Crypto Currency Investors Thread by XaToXi: 9:17pm On Nov 07, 2022
doyin01:
So I tried the new usdt/ngn feature...yeah the naira deposit was successful and like around 2% was charged from the deposit of 20k...deposited 20k , received 19,600naira....tried to buy usdt at the usdt/ngn market and saw that it was priced at 834 naira which is the same price on the P2P too...I think the major benefit of the new feature is that you can buy usdt without going through P2P , but it is still the same prices....if not even cheaper on p2p since I do not need to pay 2% fee..

N834 or N843?

Another advantage I see here is that you can set your buy prices for usdt at support levels and also catch the wicks, while P2P prices are still lagging.

Usdt/ngn got to 819/820.5 today but P2P prices didn't.

No wonder that chart has been behaving funny of late. More and more usdt/ngn conversions going on.

Re: Crypto Currency Investors Thread by atinga1: 9:24pm On Nov 07, 2022
Enyinne:
Do u know the listing price?
0.15
Re: Crypto Currency Investors Thread by Enyinne(f): 9:25pm On Nov 07, 2022
Ha grin
atinga1:

0.15
Re: Crypto Currency Investors Thread by konfusedgee(m): 10:24pm On Nov 07, 2022
XaToXi:


N834 or N843?

Another advantage I see here is that you can set your buy prices for usdt at support levels and also catch the wicks, while P2P prices are still lagging.

Usdt/ngn got to 819/820.5 today but P2P prices didn't.

No wonder that chart has been behaving funny of late. More and more usdt/ngn conversions going on.

Possibly one of the reasons the naira deposit gateway was created, supply and demand forces drive this pair,, instead of p2p merchants,,,I heard at some point BDCs abokis were using binance to set their prices,,, I forsee leverage trading in the near future..

Naira would be constantly bullish with slight pullbacks

This is long overdue considering Nigeria is one of the crypto obsessed nation in the world,,,

2 Likes 1 Share

Re: Crypto Currency Investors Thread by doyin01: 10:52pm On Nov 07, 2022
XaToXi:


N834 or N843?

Another advantage I see here is that you can set your buy prices for usdt at support levels and also catch the wicks, while P2P prices are still lagging.

Usdt/ngn got to 819/820.5 today but P2P prices didn't.

No wonder that chart has been behaving funny of late. More and more usdt/ngn conversions going on.
Another angle...
Re: Crypto Currency Investors Thread by solreb: 2:54am On Nov 08, 2022
XaToXi:


grin grin grin

I no get disposable bank account.

Me sef dey find scapegoat.

What about CBN policy restrictions about using Nigerian banking system directly to buy crypto. Has that been lifted?
Re: Crypto Currency Investors Thread by XaToXi: 4:45am On Nov 08, 2022
solreb:


What about CBN policy restrictions about using Nigerian banking system directly to buy crypto. Has that been lifted?

It hasn't.

This is a modified P2P system, but for NGN fiat only.

1 Like

Re: Crypto Currency Investors Thread by OffsahBoye(m): 5:12am On Nov 08, 2022
konfusedgee:


Possibly one of the reasons the naira deposit gateway was created, supply and demand forces drive this pair,, instead of p2p merchants,,,I heard at some point BDCs abokis were using binance to set their prices,,, I forsee leverage trading in the near future..

Naira would be constantly bullish with slight pullbacks

This is long overdue considering Nigeria is one of the crypto obsessed nation in the world,,,
I think this usdt/ngn pair will let the supply and demand of demand determine it's price and changes

Not how P2P merchants just wake up and set prices at their own free will

Glad we can buy ngn directly and not necessarily USDT
Re: Crypto Currency Investors Thread by atinga1: 6:24am On Nov 08, 2022
While men were asleep, btcee did us a number.
Looks like hope indicators didn't work.
Enyinne, HFT dey carry us go where we no knowgrin
Re: Crypto Currency Investors Thread by Siberia01(m): 6:30am On Nov 08, 2022
atinga1:
While men were asleep, btcee did us a number.
Looks like hope indicators didn't work.
Enyinne, HFT dey carry us go were we no knowgrin
somebody actually bought $100 worth of HFT at $10

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