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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3420277 Views)
The Metaverse Investors Thread / NFT Investors Thread / Sh!t Coin Investors Thread (2) (3) (4)
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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: 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: 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: |
Re: Crypto Currency Investors Thread by GRACEGLORY: 7:07pm On Feb 15, 2023 |
GRACEGLORY: You all will remember I told you earlier. Welcome to 2023 2 Likes
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Re: Crypto Currency Investors Thread by GRACEGLORY: 7:23pm On Feb 15, 2023 |
GRACEGLORY: 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: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: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:i advised people to take profit when it was 72c
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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: 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: 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: |
Re: Crypto Currency Investors Thread by GRACEGLORY: 9:13pm On Feb 15, 2023 |
GRACEGLORY: 2 Likes
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Re: Crypto Currency Investors Thread by BeastOfNoTribe: 9:34pm On Feb 15, 2023 |
[quote author=GRACEGLORY post=120941352][/quote] |
Re: Crypto Currency Investors Thread by seankafor(m): 9:41pm On Feb 15, 2023 |
Fortune 🔮 favours the brave 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:
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Re: Crypto Currency Investors Thread by Lucremoy(m): 11:03pm On Feb 15, 2023 |
MirrorD: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: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: 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 ). 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 . 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: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: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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