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Crypto Currency Investors Thread - Investment (3077) - Nairaland

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Re: Crypto Currency Investors Thread by Singapore1(m): 6:00pm On Feb 15, 2023
You must have heard about GMX Token and I have mentioned it to many people in the group. GMX is a decentralized perpetual crypto exchange. What makes GMX different from other exchanges is the staking rewards. If you stake the GMX token, you have access to about 30-50% of the trading fee, all paid in ETH. Imagine sharing a revenue with Binance by staking BNB; that is what GMX is.
Now, let's look at what has been happening in the crypto space. Perpetual is banned in countries like the UK, Italy, Malaysia, Singapore, Japan, and Germany. Binance, Coinbase, and Kraken are also facing regulatory issues, so many people are seriously considering their options right now with decentralized exchanges being the only solution to all these regulatory problems. So I think GMX has the chance to be at Uniswap market cap at least.

I also talked about MTN shares in the past; if you had bought MTN shares when they were selling during the IPO, you would be 50% up right now. Don't forget that MTN pays quarterly dividends, which is like another passive income. I think the Nigerian Naira will suffer this year due to obvious reasons, and I monitor the exchange rate. Someone once asked me which app I use to check the exchange rate; the app is called My BlackMarket and is only available on the Android Play Store.

Lastly, like I said in my earlier post, unless something terrible happens, if you see B.T..C trading below $20k that is a huge discount. I believe the market is already oversold and many corporate entities holding BTC are already at a loss and I don’t expect them to capitulate like average individuals. Be careful and do your own research. If you can’t do simple research, then you have no reason to be in the space. What many people lack is delayed gratification; everyone wants instant profit, which is the reason why many people get burned. Investment is a game of patience, and looking at the 1-hour chart will only make you mad. Get a wallet, buy, and go on about your daily activities. If you can’t do that, then don’t invest.


Follow the latest news to stay informed about new shining objects, and have a plan and stick to it. I have tokens that are long-term, short-term and medium-term. If you have limited capital and a day job, there is no reason to pick a short-term project for investment. Just pick a long-term project and continue with your job.


THIS IS NOT A FINANCIAL ADVICE. You can lose all your money ...

my success rate in crypto is around 30% .. it means only about 3 out of 10 token i buy do well. but the one that do well covers for all




Some of the tools I use are

crypto-fundraising.info/
There is a proverb that says FOLLOW THE MONEY ( it’s not a proverb). Some VCs have conviction already, all you need to do is check where VCs are investing their money, then you can just simply copy trade them. The websites shows new project, how much they raised and the VCs that gave them money. It is a very good tool

COINGECKO
CoinGecko is a website that provides a comprehensive overview of the cryptocurrency market. It tracks the performance of various crypto, including Bitcoin, Ethereum, and other altcoins, and provides data on their price, market capitalization, trading volume, and more. CoinGecko also offers a variety of tools and resources to help users make informed decisions when investing in crypto.
I use coingecko a lot to check trending coins and also check coins by categories, it allows me to stay inform on market sentiment.
Others I use are DuneAnalytics, CMC, CoinDesk etc.

Stay safe guys

30 Likes 13 Shares

Re: Crypto Currency Investors Thread by Chikacha: 6:06pm On Feb 15, 2023
Blake755:
Which coin can I carry for long term investment don't know how to trade

If you have very low risk tolerance. BTC, ETH, BNB
if it moderate GALA SAND NEAR POLY
if you are open to the brutal possibilities AGIX ORAI GLMR MOVR NAKA PYR HNT HBAR MNW APE ATP AVAX DOT................
You may pick here and there, diversify and build yourself a portfolio.

3 Likes 1 Share

Re: Crypto Currency Investors Thread by Robnectar(m): 6:45pm On Feb 15, 2023
Chikacha:


Na umunna go carry me down from that lambo , I nor go even baff cheesy
them go do meeting for me.
It has been a brutal learning and humbling experience.

DCAing would really pay off

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Mazinewmoney: 6:58pm On Feb 15, 2023
I appreciate your input sir. I just learned something new with bonus
Singapore1:
You must have heard about GMX Token and I have mentioned it to many people in the group. GMX is a decentralized perpetual crypto exchange. What makes GMX different from other exchanges is the staking rewards. If you stake the GMX token, you have access to about 30-50% of the trading fee, all paid in ETH. Imagine sharing a revenue with Binance by staking BNB; that is what GMX is.
Now, let's look at what has been happening in the crypto space. Perpetual is banned in countries like the UK, Italy, Malaysia, Singapore, Japan, and Germany. Binance, Coinbase, and Kraken are also facing regulatory issues, so many people are seriously considering their options right now with decentralized exchanges being the only solution to all these regulatory problems. So I think GMX has the chance to be at Uniswap market cap at least.

I also talked about MTN shares in the past; if you had bought MTN shares when they were selling during the IPO, you would be 50% up right now. Don't forget that MTN pays quarterly dividends, which is like another passive income. I think the Nigerian Naira will suffer this year due to obvious reasons, and I monitor the exchange rate. Someone once asked me which app I use to check the exchange rate; the app is called My BlackMarket and is only available on the Android Play Store.

Lastly, like I said in my earlier post, unless something terrible happens, if you see B.T..C trading below $20k that is a huge discount. I believe the market is already oversold and many corporate entities holding BTC are already at a loss and I don’t expect them to capitulate like average individuals. Be careful and do your own research. If you can’t do simple research, then you have no reason to be in the space. What many people lack is delayed gratification; everyone wants instant profit, which is the reason why many people get burned. Investment is a game of patience, and looking at the 1-hour chart will only make you mad. Get a wallet, buy, and go on about your daily activities. If you can’t do that, then don’t invest.


Follow the latest news to stay informed about new shining objects, and have a plan and stick to it. I have tokens that are long-term, short-term and medium-term. If you have limited capital and a day job, there is no reason to pick a short-term project for investment. Just pick a long-term project and continue with your job.


THIS IS NOT A FINANCIAL ADVICE. You can lose all your money ...

my success rate in crypto is around 30% .. it means only about 3 out of 10 token i buy do well. but the one that do well covers for all




Some of the tools I use are

crypto-fundraising.info/
There is a proverb that says FOLLOW THE MONEY ( it’s not a proverb). Some VCs have conviction already, all you need to do is check where VCs are investing their money, then you can just simply copy trade them. The websites shows new project, how much they raised and the VCs that gave them money. It is a very good tool

COINGECKO
CoinGecko is a website that provides a comprehensive overview of the cryptocurrency market. It tracks the performance of various crypto, including Bitcoin, Ethereum, and other altcoins, and provides data on their price, market capitalization, trading volume, and more. CoinGecko also offers a variety of tools and resources to help users make informed decisions when investing in crypto.
I use coingecko a lot to check trending coins and also check coins by categories, it allows me to stay inform on market sentiment.
Others I use are DuneAnalytics, CMC, CoinDesk etc.

Stay safe guys
Re: Crypto Currency Investors Thread by GRACEGLORY: 7:07pm On Feb 15, 2023
GRACEGLORY:
Guys, start setting up your CBDC wallets, and kiss stable coins goodbye. At this point, no resistance, it’s acceptance.



You all will remember I told you earlier. Welcome to 2023

2 Likes

Re: Crypto Currency Investors Thread by GRACEGLORY: 7:23pm On Feb 15, 2023
GRACEGLORY:




All the trends begin much more before the prices begins to move. You should wait at that point and stack a lot.





There's something unique about Early traders or investors.

#Kishu

2 Likes

Re: Crypto Currency Investors Thread by Blake755: 7:26pm On Feb 15, 2023
Chikacha:


If you have very low risk tolerance. BTC, ETH, BNB
if it moderate GALA SAND NEAR POLY
if you are open to the brutal possibilities AGIX ORAI GLMR MOVR NAKA PYR HNT HBAR MNW APE ATP AVAX DOT................
You may pick here and there, diversify and build yourself a portfolio.
Am thinking of buying bnb tho am moving my savings to usdt

1 Like 1 Share

Re: Crypto Currency Investors Thread by owunabastard: 7:30pm On Feb 15, 2023
GRACEGLORY:




You all will remember I told you earlier. Welcome to 2023
what is cdbc wallet
Re: Crypto Currency Investors Thread by SolarE: 7:37pm On Feb 15, 2023
Hope we are still holding unto Canto
Re: Crypto Currency Investors Thread by Singapore1(m): 7:47pm On Feb 15, 2023
SolarE:
Hope we are still holding unto Canto
i advised people to take profit when it was 72c

Re: Crypto Currency Investors Thread by SolarE: 8:36pm On Feb 15, 2023
We did boss,
Re: Crypto Currency Investors Thread by LikeAking: 8:37pm On Feb 15, 2023
GRACEGLORY:




You all will remember I told you earlier. Welcome to 2023

Na only us get stable currencies?

What of euro n co?
Re: Crypto Currency Investors Thread by LikeAking: 8:38pm On Feb 15, 2023
Binance dey dull these days, zero pumps.

1 Like

Re: Crypto Currency Investors Thread by GRACEGLORY: 8:43pm On Feb 15, 2023
owunabastard:
what is cdbc wallet



Digital wallet that works with smartphones, also feature phones, biometric payment cards, SIM technologies et'cetera
Re: Crypto Currency Investors Thread by twosquare(m): 8:44pm On Feb 15, 2023
Of course, I expected govts to put this out even before some players in crypto did. However, I doubt if it will be widely adopted in the community due to how people look at the govt suspiciously.

That apart, what do you think this meant for the market? I think I saw on the news a few hours ago that the US is accused of trying to ban crypto stylishly with this policy. The crypto community is "searching" for a stablecoin to use in place of the USD due to SEC's overplaying their hands.

GRACEGLORY:




You all will remember I told you earlier. Welcome to 2023
Re: Crypto Currency Investors Thread by GRACEGLORY: 9:13pm On Feb 15, 2023
GRACEGLORY:





I'm holding positions into and through the CPI.
In the event that prices increase, I stand to gain financially, and if they decline, I stand to gain professionally, but most importantly, I will still have my coins and tokens. But I foresee the former.

2 Likes

Re: Crypto Currency Investors Thread by BeastOfNoTribe: 9:34pm On Feb 15, 2023
[quote author=GRACEGLORY post=120941352][/quote]

shocked shocked shocked
Re: Crypto Currency Investors Thread by seankafor(m): 9:41pm On Feb 15, 2023
Fortune 🔮 favours the brave cool

5 Likes 2 Shares

Re: Crypto Currency Investors Thread by Prayfortheworld: 10:25pm On Feb 15, 2023
Is GMT cussed?
Re: Crypto Currency Investors Thread by seanwilliam(m): 10:52pm On Feb 15, 2023
For crypto, e be like crying sure pass laughing.

1 Like 1 Share

Re: Crypto Currency Investors Thread by Lordofalmajiri(f): 10:57pm On Feb 15, 2023
seankafor:
Fortune 🔮 favours the brave cool

Re: Crypto Currency Investors Thread by Lucremoy(m): 11:03pm On Feb 15, 2023
MirrorD:
Is anyone here farming moons on reddit r/CryptoCurrency? You can make atleast 50k monthly from just dropping comments about crypto on the r/CryptoCurrency subreddit.

Requirements: your account must be atleast 30 days old and your account must have atleast 50 comment karma.
I'd like to know more about this
How frequently do you comment?
What kind of comments do you male?
Thank you
Re: Crypto Currency Investors Thread by LikeAking: 11:18pm On Feb 15, 2023
Good market to everyone.

Market just de explode.

Waiting for my bags to pump.
Re: Crypto Currency Investors Thread by LikeAking: 11:21pm On Feb 15, 2023
Gft fit pump agian.
Re: Crypto Currency Investors Thread by Holladoyheen: 12:54am On Feb 16, 2023
In crypto, I noticed when everyone becomes so happy like this about market situation, one should look forward to a big shocker!
Market like to take people by surprise.

2 Likes

Re: Crypto Currency Investors Thread by Robert129(m): 3:17am On Feb 16, 2023
BTC sef pump pass plenty alts 😂😂

5 Likes 1 Share

Re: Crypto Currency Investors Thread by MirrorD(m): 6:45am On Feb 16, 2023
Lucremoy:

I'd like to know more about this
How frequently do you comment?
What kind of comments do you male?
Thank you
You have to be active, drop comments people want to read like "price go up" etc and when they upvote the comments then you're entitled to moons after snapshot every month

1 Like 1 Share

Re: Crypto Currency Investors Thread by Fastt: 7:09am On Feb 16, 2023
Khayceeofficial:


Paid for a VPS today and noticed service fee on Tron was $2.6 from binance.

I've never seen any fee as that on Tron blockchain before. Na to call CZ out for Twitter ask am wetin be him plan. Abi him won rug?

The fees have come back to normal I guess.

I just smell something fishy.
Busd used up fastly cos of the mint issue, probably to buy up/convert to BTC hence the pump on BTC.


I will be closing 80% of my positions on sh1tcoins, profit or other wise(some coins I made 2*, some even rugpull me grin). Leaving my Eth,BTC,doge and BnB to ride the wave.

Most ppl have started complaining or defaulting payment on mortgages. Some are considering bankruptcy. Most out of jobs.. inflation still here even though is going down gradually. Credit card debt still high. The ones with jobs can't even meet up cos the payment has gone really up.

Anyway,
All high volatile exposure, I'm cutting it out. Closed my volatile stock positions(locked in good profit) too but will just leave the index riding.

How am I going to get 10million in 5yrs, if I don't lock up profit and wait for a good opportunity to jump right in.
My opinion though.

I bought one fish token on fishswap few days ago just trying my degen stuff. The sh1t has gone to 100% . Let me see if I can withdraw cheesy.
This sh1tcoins no dey loyal at all. If BTC dumps 1%, they dump50%

4 Likes

Re: Crypto Currency Investors Thread by myonekobosay: 8:47am On Feb 16, 2023
There's gonna be BLOODBATH.

1 Like

Re: Crypto Currency Investors Thread by Arijude(m): 9:09am On Feb 16, 2023
GRACEGLORY:




There's something unique about Early traders or investors.

#Kishu
where do you see kishu? It's like they have something cooking
Re: Crypto Currency Investors Thread by Arijude(m): 9:14am On Feb 16, 2023
myonekobosay:
There's gonna be BLOODBATH.
let it come. We have seen it all

10 Likes 2 Shares

Re: Crypto Currency Investors Thread by Ibime(m): 10:06am On Feb 16, 2023
Floki with a nice green

Babydoge is resting, may follow anytime soon

A popular dog coin is always a good play if you have a bullish bias

BTC pullback may be chance to load up. Judge your own risk appetite

6 Likes 3 Shares

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