Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,158,411 members, 7,836,653 topics. Date: Wednesday, 22 May 2024 at 11:01 AM

Crypto Currency Investors Thread - Investment (3123) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3379966 Views)

The Metaverse Investors Thread / NFT Investors Thread / Sh!t Coin Investors Thread (2) (3) (4)

(1) (2) (3) ... (3120) (3121) (3122) (3123) (3124) (3125) (3126) ... (3681) (Reply) (Go Down)

Re: Crypto Currency Investors Thread by XaToXi: 9:01pm On Mar 29, 2023
Sibbb:

Don’t say never, 50x is a high risk trade, even if you use 1$ in trading it, the risk is much.
If you are using 2% of your capital in trading that means you are not confident of your strategy and you are more of gambling.
I trade futures no more than 5x, and I use 80% of my capital because I trust my strategy and the risk is lesser , rosy management is key. Over leverage is like taking alcohol and driving on speed above 200km/hr

Olodo.

Position sizing is more important than leverage.

2% of your capital at 50x leverage = 100% of your capital at 1x leverage.

4 Likes 2 Shares

Re: Crypto Currency Investors Thread by Robnectar(m): 9:17pm On Mar 29, 2023
doyin01:
@robnectar sorry this is coming late..Happy birthday to you bro..I wish you the best things in life , more bitcoins to your wallet...


Thanks alot bro🥸🥸🥸🙏🙏

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Hudson777: 9:22pm On Mar 29, 2023
lalalista:
how about the lunc u clamoured about? I bought it and it dropped drastically and didn't rise back
hold and buy more,crypto isn’t a get rich quick scheme...with this mentality you’re probably not going to make it to the other side,don’t panic

7 Likes

Re: Crypto Currency Investors Thread by LikeAking: 10:23pm On Mar 29, 2023
Snow2down:



Guys...I'm a silent reader here and I hardly comment, would like if you can look into kaspa...the coin is printing money, made $10k from it...you might want to wait and let it retrace, but have it on your watch list

Wrong time..

It's too late...


It's done 18000% plus this year...

E don do..

Any wey buy, sorry!

Except it's daily trade and you must put tight stop loss.
Re: Crypto Currency Investors Thread by Tohmey(m): 11:28pm On Mar 29, 2023
ikenna930:

Ya I used NIN slip

Where do I print the one you mentioned
just enter any NIN enrollement centre and tell them you want to print NIN that will have front and back page like voters card, give them your NIN TRACKING ID and they will print it for you
Re: Crypto Currency Investors Thread by Tohmey(m): 11:44pm On Mar 29, 2023
Snow2down:



Guys...I'm a silent reader here and I hardly comment, would like if you can look into kaspa...the coin is printing money, made $10k from it...you might want to wait and let it retrace, but have it on your watch list
Humm, the coin pump shaa. . .
but as for me any low cap coin is not for me
as for this year i am only investing in BITCOIN $ POLKADOT

1 Like

Re: Crypto Currency Investors Thread by Sibbb: 2:03am On Mar 30, 2023
XaToXi:


Olodo.

Position sizing is more important than leverage.

2% of your capital at 50x leverage = 100% of your capital at 1x leverage.

Is like I’m missing the meaning of liquidation, somebody please explain to me how I can never be liquidated if I trade with 2% of my capital at 50x, even 5x can be liquidated.
The 2% you use to trade, explain how it can never be liquidated, maybe I might start using the strategy.

1 Like

Re: Crypto Currency Investors Thread by LikeAking: 2:06am On Mar 30, 2023
go an sleep...

1 Like

Re: Crypto Currency Investors Thread by seankafor(m): 3:43am On Mar 30, 2023
Fortune 🔮 favors the brave 💪

4 Likes

Re: Crypto Currency Investors Thread by Lordofalmajiri(f): 5:13am On Mar 30, 2023
seankafor:
Fortune 🔮 favors the brave 💪
E don go down again
Re: Crypto Currency Investors Thread by GRACEGLORY: 7:43am On Mar 30, 2023
cmoney22222:
So what are you trying to say. Oga Cypto na gamble. Irrespective


trafficpools

Not understanding the subject matter is the source of risk that opens you to gambling.

-The psychology of trading

5 Likes 1 Share

Re: Crypto Currency Investors Thread by cmoney22222: 7:55am On Mar 30, 2023
Na still gambling
GRACEGLORY:



trafficpools

Not understanding the subject matter is the source of risk that opens you to gambling.

-The psychology of trading

2 Likes

Re: Crypto Currency Investors Thread by XaToXi: 7:59am On Mar 30, 2023
Sibbb:


Is like I’m missing the meaning of liquidation, somebody please explain to me how I can never be liquidated if I trade with 2% of my capital at 50x, even 5x can be liquidated.
The 2% you use to trade, explain how it can never be liquidated, maybe I might start using the strategy.

Trading at 1x leverage is like trading spot, and there is no liquidation at 1x leverage or spot.

You can however have losses if the trade doesn't go your way which is why some people put SL so they can cut losses early and enter another trade. With proper R:R (1:3 or greater) you can come out in overall profit if you win more trades than you lose because your wins are bigger than your losses.

If you have $1000 and you buy btc with it on spot, it's the same as buying btc with it at 1x leverage on futures. In some rare cases, you might need to account for funding fees but you can hold that position at 1x for years without risk of liquidation, just like spot.

If you now decide that you do not want to trade with all your $1000 on 1 coin, you can use 2% of it at 50x leverage ($20*50x = $1000) to get the same $1000 position size. The remaining $980 serves as extra margin/collateral and as long as your debt is not greater than your collateral, you will not be liquidated.

However, if you decide to open more than 1 position with 2% of your capital each at 50x leverage, your effective leverage will no longer be 1x .

If all the positions you open do not use more than 2% of your capital jointly at 50x, your effective leverage remains 1x.

If you want to know the actual leverage you are trading on regardless of what you set, keep an eye on your risk %

In the pictures below, you can see that I'm actually trading at less than 5.2x effective leverage, no matter what leverage I select for that pair (5x or 25x).

My position size (debt/collateral ratio) determines my effective leverage (5.14-5.17x) not the leverage I choose (5x or 25x).

4 Likes 2 Shares

Re: Crypto Currency Investors Thread by trafficpools: 9:34am On Mar 30, 2023
XaToXi:


Trading at 1x leverage is like trading spot, and there is no liquidation at 1x leverage or spot.

You can however have losses if the trade doesn't go your way which is why some people put SL so they can cut losses early and enter another trade. With proper R:R (1:3 or greater) you can come out in overall profit if you win more trades than you lose because your wins are bigger than your losses.

If you have $1000 and you buy btc with it on spot, it's the same as buying btc with it at 1x leverage on futures. In some rare cases, you might need to account for funding fees but you can hold that position at 1x for years without risk of liquidation, just like spot.

If you now decide that you do not want to trade with all your $1000 on 1 coin, you can use 2% of it at 50x leverage ($20*50x = $1000) to get the same $1000 position size. The remaining $980 serves as extra margin/collateral and as long as your debt is not greater than your collateral, you will not be liquidated.

However, if you decide to open more than 1 position with 2% of your capital each at 50x leverage, your effective leverage will no longer be 1x .

If all the positions you open do not use more than 2% of your capital jointly at 50x, your effective leverage remains 1x.

If you want to know the actual leverage you are trading on regardless of what you set, keep an eye on your risk %

In the pictures below, you can see that I'm actually trading at less than 5.2x effective leverage, no matter what leverage I select for that pair (5x or 25x).

My position size (debt/collateral ratio) determines my effective leverage (5.14-5.17x) not the leverage I choose (5x or 25x).
great wisdom there! I love this, I'll try it to see, but this can only be done through cross right?
Re: Crypto Currency Investors Thread by XaToXi: 9:47am On Mar 30, 2023
trafficpools:
great wisdom there! I love this, I'll try it to see, but this can only be done through cross right?

Cross is easier.

If you are using isolated margin, simply use the add margin button to add the remaining $980.
Re: Crypto Currency Investors Thread by trafficpools: 9:59am On Mar 30, 2023
XaToXi:


Cross is easier.

If you are using isolated margin, simply use the add margin button to add the remaining $980.
you're trying boss, though the profit may be minimal but this is a huge capital protection strategy while making passive income! Henceforth I'll be going with this on future bravo!!!!!!!!!!!
Re: Crypto Currency Investors Thread by Kpartners: 9:59am On Mar 30, 2023
LikeAking:


Wrong time..

It's too late...


It's done 18000% plus this year...

E don do..

Any wey buy, sorry!

Except it's daily trade and you must put tight stop loss.

Which coin can perform like this again this year, Lunc I parked has finally lost over 60%
Re: Crypto Currency Investors Thread by XaToXi: 10:22am On Mar 30, 2023
trafficpools:
you're trying boss, though the profit may be minimal but this is a huge capital protection strategy while making passive income! Henceforth I'll be going with this on future bravo!!!!!!!!!!!

Profit will be the same.

You are trading with $1000 position size in both/all cases.

2% at 50x = 20% at 5x = 50% at 2x = 100% at 1x
Re: Crypto Currency Investors Thread by Geovanni412(m): 10:40am On Mar 30, 2023
Sibbb:


Is like I’m missing the meaning of liquidation, somebody please explain to me how I can never be liquidated if I trade with 2% of my capital at 50x, even 5x can be liquidated.
The 2% you use to trade, explain how it can never be liquidated, maybe I might start using the strategy.

With isolated margin, you can only lose the amount you are staking.

Not a single cent more.

Illustration:
Acct balance : $ 1000
Risk (2%) : $ 20
Position : Buy
Leverage(isolated) : 50x This means you lose if btc falls by 2 %
Btc price : $ 28000 when you bought.
Possible loss : you can only lose $20 if btc falls by 2% from the $ 28,000 entry price. In this example, that will be $27,440.

ATR (BTC) on 1hr chart is 280.
A good day trader and scalper will use anywhere from 1-2 ATR on H1 chart as s/l on his trades.

Spread for trading BTC on binance is zero

His stop loss is more than wide enough. He could use 75x leverage and still make that trade.

Xatoxi. Any other thing you wan add?

2 Likes

Re: Crypto Currency Investors Thread by henrimoto(m): 10:46am On Mar 30, 2023
Hairbytosy:


Hunt CRYPTO Airdrops na millionaires dey now with bear Market situation
...The handle way drop for telegram no dey work. Abeg, how I go take reach you?
Re: Crypto Currency Investors Thread by XaToXi: 11:05am On Mar 30, 2023
Geovanni412:


With isolated margin, you can only lose the amount you are staking.

Not a single cent more.

Illustration:
Acct balance : $ 1000
Risk (2%) : $ 20
Position : Buy
Leverage(isolated) : 50x This means you lose if btc falls by 2 %
Btc price : $ 28000 when you bought.
Possible loss : you can only lose $20 if btc falls by 2% from the $ 28,000 entry price. In this example, that will be $27,440.

ATR (BTC) on 1hr chart is 280.
A good day trader and scalper will use anywhere from 1-2 ATR on H1 chart as s/l on his trades.

Spread for trading BTC on binance is zero

His stop loss is more than wide enough. He could use 75x leverage and still make that trade.

Xatoxi. Any other thing you wan add?

Your example is degen grin

Let me just add :

If he uses isolated margin with only $20 margin, his effective leverage is actually 50x and he will be liquidated at 2% deviation unless he makes his effective leverage 1x by using the +/- margin button to add the remaining $980 as collateral.

His position size remains $1000 ($20*50x) but his collateral is now $1000 as well hence no risk of liquidation.

In cross margin, it's automatic.
Re: Crypto Currency Investors Thread by Geovanni412(m): 11:32am On Mar 30, 2023
XaToXi:


Your example is degen grin

Let me just add :

If he uses isolated margin with only $20 margin, his effective leverage is actually 50x and he will be liquidated at 2% deviation unless he makes his effective leverage 1x by using the +/- margin button to add the remaining $980 as collateral.

His position size remains $1000 ($20*50x) but his collateral is now $1000 as well hence no risk of liquidation.

In cross margin, it's automatic.

I trade CFDs.. so to me the liquidation price is akin to having a fixed or mental stop loss.

Removing the risk of liquidation in future . Won't it make the trader lose his discipline?
Re: Crypto Currency Investors Thread by XaToXi: 12:08pm On Mar 30, 2023
Geovanni412:


I trade CFDs.. so to me the liquidation price is akin to having a fixed or mental stop loss.

Removing the risk of liquidation in future . Won't it make the trader lose his discipline?




It's an individual choice really.

Liquidation is the major reason a lot of people run away from futures. When they learn it can be properly managed or even removed, they are better able to trade without hbp or sleep with two eyes closed.

They can then begin to increase leverage gradually.
Re: Crypto Currency Investors Thread by ikenna930(m): 1:20pm On Mar 30, 2023
Tohmey:
just enter any NIN enrollement centre and tell them you want to print NIN that will have front and back page like voters card, give them your NIN TRACKING ID and they will print it for you

Thank you

1 Like

Re: Crypto Currency Investors Thread by Sibbb: 2:21pm On Mar 30, 2023
XaToXi:


Trading at 1x leverage is like trading spot, and there is no liquidation at 1x leverage or spot.

You can however have losses if the trade doesn't go your way which is why some people put SL so they can cut losses early and enter another trade. With proper R:R (1:3 or greater) you can come out in overall profit if you win more trades than you lose because your wins are bigger than your losses.

If you have $1000 and you buy btc with it on spot, it's the same as buying btc with it at 1x leverage on futures. In some rare cases, you might need to account for funding fees but you can hold that position at 1x for years without risk of liquidation, just like spot.

If you now decide that you do not want to trade with all your $1000 on 1 coin, you can use 2% of it at 50x leverage ($20*50x = $1000) to get the same $1000 position size. The remaining $980 serves as extra margin/collateral and as long as your debt is not greater than your collateral, you will not be liquidated.

However, if you decide to open more than 1 position with 2% of your capital each at 50x leverage, your effective leverage will no longer be 1x .

If all the positions you open do not use more than 2% of your capital jointly at 50x, your effective leverage remains 1x.

If you want to know the actual leverage you are trading on regardless of what you set, keep an eye on your risk %

In the pictures below, you can see that I'm actually trading at less than 5.2x effective leverage, no matter what leverage I select for that pair (5x or 25x).

My position size (debt/collateral ratio) determines my effective leverage (5.14-5.17x) not the leverage I choose (5x or 25x).

Got your explanation clearly, I thought you were using isolated margin. However it doesn’t erase the possibility of liquidation totally , it only helps to minimise it. Thanks for the explanation

3 Likes 1 Share

Re: Crypto Currency Investors Thread by LikeAking: 9:19pm On Mar 30, 2023
Kpartners:


Which coin can perform like this again this year, Lunc I parked has finally lost over 60%

Lunch for now na no go area..


To get that kind coin no easy at all..
Re: Crypto Currency Investors Thread by LikeAking: 9:20pm On Mar 30, 2023
I hope una know say market one go down..

Good luck to you all..
Re: Crypto Currency Investors Thread by randy01(m): 9:40pm On Mar 30, 2023
XaToXi:


Trading at 1x leverage is like trading spot, and there is no liquidation at 1x leverage or spot.

You can however have losses if the trade doesn't go your way which is why some people put SL so they can cut losses early and enter another trade. With proper R:R (1:3 or greater) you can come out in overall profit if you win more trades than you lose because your wins are bigger than your losses.

If you have $1000 and you buy btc with it on spot, it's the same as buying btc with it at 1x leverage on futures. In some rare cases, you might need to account for funding fees but you can hold that position at 1x for years without risk of liquidation, just like spot.

If you now decide that you do not want to trade with all your $1000 on 1 coin, you can use 2% of it at 50x leverage ($20*50x = $1000) to get the same $1000 position size. The remaining $980 serves as extra margin/collateral and as long as your debt is not greater than your collateral, you will not be liquidated.

However, if you decide to open more than 1 position with 2% of your capital each at 50x leverage, your effective leverage will no longer be 1x .

If all the positions you open do not use more than 2% of your capital jointly at 50x, your effective leverage remains 1x.

If you want to know the actual leverage you are trading on regardless of what you set, keep an eye on your risk %

In the pictures below, you can see that I'm actually trading at less than 5.2x effective leverage, no matter what leverage I select for that pair (5x or 25x).

My position size (debt/collateral ratio) determines my effective leverage (5.14-5.17x) not the leverage I choose (5x or 25x).

Teaching is your profession bro.just apply for lecturer at any state of your residence.you are already employed.wisdom full your head.

People don't know that $10 on 100x leverage is same as $100 on 10x.same position size and for them to risk everything on one trade.they can just risk little and have more capital to open position on other high probability setup.

I collect woto woto this week but risking little save me.

1 Like 1 Share

Re: Crypto Currency Investors Thread by Robnectar(m): 9:40pm On Mar 30, 2023
undecided undecided undecided undecided undecided undecided
Re: Crypto Currency Investors Thread by randy01(m): 9:50pm On Mar 30, 2023
LikeAking:
I hope una know say market one go down..

Good luck to you all..

When BTC just find better support to continue up movement

1 Like

Re: Crypto Currency Investors Thread by Hairbytosy: 10:48pm On Mar 30, 2023
henrimoto:
...The handle way drop for telegram no dey work. Abeg, how I go take reach you?

Here's the Telegram handle again boss also you can find it on twitter

@YassStorm

(1) (2) (3) ... (3120) (3121) (3122) (3123) (3124) (3125) (3126) ... (3681) (Reply)

Treasury Bills In Nigeria / Nigerian Stock Exchange Market Pick Alerts

Viewing this topic: Disembark, Khalling2007, AImoneyAdder and 4 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 58
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.