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Crypto Currency Investors Thread - Investment (3194) - Nairaland

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Re: Crypto Currency Investors Thread by Spiritualizt: 3:58pm On Jun 04, 2023
XaToXi:


To be effective, your trailing percentage must be less than the profit percentage. That means if you want 5% trailing, activation price should be above 6% at least.

In the example below, buying price is 2400, activation price is 3000(25%) , trailing is 5% meaning you will secure at least 15-20% profit if prices retraces immediately after it's triggered, or more if it keeps rising.

If you are triggering at 2.5% profit, then the trailing should 0.1-2% max, though 25% gap (0.6% trailing) is recommended.
okay I am still trying to understand you do you mean the limit price should be greater than the activation price and a difference of 5% trigger Delta before my trailing stop can be activated? Just confused, can you simply further Thanks 🙏🙏
Re: Crypto Currency Investors Thread by Spiritualizt: 4:02pm On Jun 04, 2023
twosquare:
I think I have found the issue...it can't auto-sell if the 5% has not been reached...your set condition is 5% if it drops from the new peak...

The highest peak today is 0.9630 I think. So, 5% drop from that is 0.04815. (0.9630 - 0.04815 = 0.91485).

So, until the price drops to around this 0.91485, it won't sell. And the price currently since you entered the trade is 0.9343. You may need to adjust the percentage of your trailing stop. how much you want to lose in your profit. me think 5% is too much.
just saying.

boss it's still not clear which one between the activation price and limit stop should be greater and is there any correspondence from the trigger Delta
Re: Crypto Currency Investors Thread by Icecream4U(m): 4:04pm On Jun 04, 2023
Lunc has been in beast mode since.

2 Likes

Re: Crypto Currency Investors Thread by twosquare(m): 4:30pm On Jun 04, 2023
Limit stop should be greater than activation price...activation first, before the limit stop...when the price moves, it gets activated first, and before reaching the desired price set for sale (limit).
Spiritualizt:
boss it's still not clear which one between the activation price and limit stop should be greater and is there any correspondence from the trigger Delta
Re: Crypto Currency Investors Thread by Spiritualizt: 4:37pm On Jun 04, 2023
twosquare:
Limit stop should be greater than activation price...activation first, before the limit stop...when the price moves, it gets activated first, and before reaching the desired price set for sale (limit).
okay that was what I did, I presume that when the price move above the activation price and limit stop to a new peak and further decline 5% from the new peak the 5% trigger Delta will be activated hope am right?pls check this auto sell order to justify my claim the buy order is 0.2750 sorry for the many questions I just need clarity not to lose my funds.

Re: Crypto Currency Investors Thread by XaToXi: 4:38pm On Jun 04, 2023
Spiritualizt:
okay I am still trying to understand you do you mean the limit price should be greater than the activation price and a difference of 5% trigger Delta before my trailing stop can be activated? Just confused, can you simply further Thanks 🙏🙏

Activation price is optional.

Limit price is your selling price with profit.

If you bought btc at 26000 and want to sell at 10% profit, then you put 28600 as sell limit price.

You can then set your trailing delta from 0.1% to 9% so that worst case, you bag 1% profit.

Trailing will be activated once price reaches 28600 since activation price isn't set in this example.

If price reaches 28600 and continues to 32000 without retracing, the minimum price it will sell is 29120 with 9% trailing, 30400 with 5% trailing, 31680 with 1% trailing or 31968 with 0.1% trailing.

Your choice of 5% trailing leaves too much room for slippage btw.

2 Likes

Re: Crypto Currency Investors Thread by twosquare(m): 4:41pm On Jun 04, 2023
Yes, it will autosell...and at the time I calculated it from the highest peak, it hasn't reach 5%...that is why I said 5% may be much.
Spiritualizt:
okay that was what I did, I presume that when the price move above the activation price and limit stop to a new peak and further decline 5% from the new peak the 5% trigger Delta will be activated hope am right.

Re: Crypto Currency Investors Thread by twosquare(m): 4:50pm On Jun 04, 2023
First bro...let's clear the confusion...buy order is different from sell order o....


In trailing stop, the buy order works in inverse like the sell order...for instance...if I target to buy at 8$ (as the activation price to buy) and I set trailing to 2%...I am saying when the price moves further down past 8$, no matter the bottom, immediately the price rises 2% above the lowest bottom...buy.

You can see that this is inverse to sell when the price drops 2% from the highest peak of profit....



Spiritualizt:
okay that was what I did, I presume that when the price move above the activation price and limit stop to a new peak and further decline 5% from the new peak the 5% trigger Delta will be activated hope am right?pls check this auto sell order to justify my claim the buy order is 0.2750 sorry for the many questions I just need clarity not to lose my funds.

1 Like

Re: Crypto Currency Investors Thread by Spiritualizt: 4:51pm On Jun 04, 2023
XaToXi:


Activation price is optional.

Limit price is your selling price with profit.

If you bought btc at 26000 and want to sell at 10% profit, then you put 28600 as sell limit price.

You can then set your trailing delta from 0.1% to 9% so that worst case, you bag 1% profit.

Trailing will be activated once price reaches 28600 since activation price isn't set in this example.

If price reaches 28600 and continues to 32000 without retracing, the minimum price it will sell is 29120 with 9% trailing, 30400 with 5% trailing, 31680 with 1% trailing or 31968 with 0.1% trailing.

Your choice of 5% trailing leaves too much room for slippage btw.
thanks man
Re: Crypto Currency Investors Thread by Spiritualizt: 4:57pm On Jun 04, 2023
twosquare:
First bro...let's clear the confusion...buy order is different from sell order o....


In trailing stop, the buy order works in inverse like the sell order...for instance...if I target to buy at 8$ (as the activation price to buy) and I set trailing to 2%...I am saying when the price moves further down past 8$, no matter the bottom, immediately the price rises 2% above the lowest bottom...buy.

You can see that this is inverse to sell when the price drops 2% from the highest peak of profit...



thanks man I think I am clear my confusion was in the 5% trigger Delta which was too much I think to adjust it a bit thanks guys for your analysis and contributions.

1 Like

Re: Crypto Currency Investors Thread by twosquare(m): 5:00pm On Jun 04, 2023
Yeah, like he said, activation price is also optional...you may choose just limit (which is the price you want it to reach before it sells)...and set your trailing delta percentage...so the drop % from the limit is the highest hit you can take on your profits.
Spiritualizt:
thanks man I think I am clear my confusion was in the 5% trigger Delta which was too much I think to adjust it a bit thanks guys for your analysis and contributions.
Re: Crypto Currency Investors Thread by Spiritualizt: 5:38pm On Jun 04, 2023
twosquare:
Yeah, like he said, activation price is also optional...you may choose just limit (which is the price you want it to reach before it sells)...and set your trailing delta percentage...so the drop % from the limit is the highest hit you can take on your profits.
yeah thanks 🙏🙏
Re: Crypto Currency Investors Thread by Chikacha: 7:15pm On Jun 04, 2023
Mazinewmoney:
Twosquare and Graceglory please give your humble opinions about these coins listed below

Kishu
Babydoge
Spacey2025 (Spay)
Lunc
Ape
Icp

That APE coin, the way they tried to market it last bull market, if it has the same momentum, not everyone would be able to buy it. They spoke about it on news and talk shows, they wanted even bars and hotels to use it! I have a bag of it, that is all I have from your bag.

ICP looks like a steady trade for each circle. I don't know what the momentum would be like but it would have some.

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Re: Crypto Currency Investors Thread by Mazinewmoney: 8:02pm On Jun 04, 2023
May Crypto bless you brother
twosquare:


Kishu is a meme coin, Babydodge is a meme coin....I don't do memecoins except I want to go in as per Ganster style and play poker.

spaceY, there is nothing much on it except mars and trying to link to Elon Musk...don't really see a future. It is low cap and can grow big if it is not a scam and retire you.

Lunc, don't know much about it...but can also retire you if it reperforms...but if it is connected to Terra stable coin...the Do Kwon saga which recked a lot of people and many have not recovered from, hence abandoning the crypto industry.

Ape is good. I have few coins in this.

Icp is good. I'm comfortable with it...

So, out of 6, for me (and this is my opinion), only 2 are viable and you won't get rugged quick.

This is not financial advice; please do your own research.

1 Like

Re: Crypto Currency Investors Thread by Mazinewmoney: 8:12pm On Jun 04, 2023
I've started accumulating $Ape. Also massively bagging Spacey2025 for the bull. My target for bull is 10m USD and above and I go get am
Chikacha:


That APE coin, the way they tried to market it last bull market, if it has the same momentum, not everyone would be able to buy it. They spoke about it on news and talk shows, they wanted even bars and hotels to use it! I have a bag of it, that is all I have from your bag.

ICP looks like a steady trade for each circle. I don't know what the momentum would be like but it would have some.

1 Like

Re: Crypto Currency Investors Thread by seankafor(m): 8:18pm On Jun 04, 2023
Mazinewmoney:
I've started accumulating $Ape. Also massively bagging Spacey2025 for the bull. My target for bull is 10m USD and above and I go get am
how about your SLP?

2 Likes

Re: Crypto Currency Investors Thread by doublestar21(m): 8:22pm On Jun 04, 2023
Pristine664:


The discord link is not connecting. I will really like to know more.


Sorry just seeing it now. You must have made a huge point if you had joined. Anyway let me forward it again

https://discord./suiswap
Re: Crypto Currency Investors Thread by twosquare(m): 8:25pm On Jun 04, 2023
Ameen
Mazinewmoney:
May Crypto bless you brother
Re: Crypto Currency Investors Thread by doublestar21(m): 8:40pm On Jun 04, 2023
Pristine664:


The discord link is not connecting. I will really like to know more.



https://discord./suiswap

But you need to copy and paste it into your browser
Re: Crypto Currency Investors Thread by doublestar21(m): 8:47pm On Jun 04, 2023
Mazinewmoney:
I've started accumulating $Ape. Also massively bagging Spacey2025 for the bull. My target for bull is 10m USD and above and I go get am


What will be your capital to make such amount?
Re: Crypto Currency Investors Thread by Mazinewmoney: 9:12pm On Jun 04, 2023
I'm not a trader. Any coin I buy, I always place it on hold minimum of 3 years maximum of five. I don't care how far it dips as long as it hasn't been rugged or delisted. I also sell when there's a significant profit and then I rebuy when it dips. And I always invest heavily.
SLP and all my Bags are for long term. Please note this
seankafor:
how about your SLP?

4 Likes

Re: Crypto Currency Investors Thread by Chikacha: 9:17pm On Jun 04, 2023
Mazinewmoney:
I've started accumulating $Ape. Also massively bagging Spacey2025 for the bull. My target for bull is 10m USD and above and I go get am
Amen, me too. I just want that Million in dollar make I rest. So that next bear make I turn am to billion or anywhere way my power reach cheesy

3 Likes

Re: Crypto Currency Investors Thread by Chikacha: 9:20pm On Jun 04, 2023
Mazinewmoney:
I'm not a trader. Any coin I buy, I always place it on hold minimum of 3 years maximum of five. I don't care how far it dips as long as it hasn't been rugged or delisted. I also sell when there's a significant profit and then I rebuy when it dips. And I always invest heavily.
SLP and all my Bags are for long term. Please note this
Yes, that was what I told myself in the mirror, all the money I invested. are gone forever or they will make me millions. I will never sell half way.

What do you think about ROUTE, DAG, and MNW?
Re: Crypto Currency Investors Thread by DieRich5: 9:26pm On Jun 04, 2023
Mazinewmoney:
I'm not a trader. Any coin I buy, I always place it on hold minimum of 3 years maximum of five. I don't care how far it dips as long as it hasn't been rugged or delisted. I also sell when there's a significant profit and then I rebuy when it dips. And I always invest heavily.
SLP and all my Bags are for long term. Please note this
SLP the only coin I'm really bleeding on but I'll let it be

1 Like

Re: Crypto Currency Investors Thread by makindeAZ(m): 10:00pm On Jun 04, 2023
Buy Maxl buy core
Re: Crypto Currency Investors Thread by Omobola121(f): 12:29am On Jun 05, 2023
You honestly think I wasn't doing anything about it?
I will forward all those vn so you listen to it.

You calling me out like I scammed you even comparing me to deflover is totally out of it. I didn't transact any deals with you, you used my email and your fund got stuck. From one issue to other.

I have been actively transacting deals with guys here and I always do my part well. I have helped a guy here to pay school fees of about 15k USD ( I don't know him, he only msg me and said from Nairaland) lots of deals like that.

I had over 2k chargeback last year so I understand your pain but misunderstanding like this doesn't mean you should be indirectly tagging me a scammer.

If I don't have naira to pay you immediately, I won't do any transaction rather refer the seller to another trader that's how strict I am with business. I don't take your fund and start delaying you.

I always have you in mind and I'm just trying to build up back so I can sort you out because truly I received your fund in my mail. I have been on this issue with the guy that chargeback but I can't go far with the issue because of location that's why I decided to pay you myself.

Infact as you're giving me hot here, I'm sending the energy back to the guy but it is what it is.

NotBeenPaid:
I brought this up on here not because I really wanted to do so but because you're slow to respond to my WhatsApp messages(it takes you a couple of days if not weeks to respond to me), your phone number doesn't even connect. That got me panicking.

One time I told that I'm very understanding. You could see from the screenshot with date. Try to walk a mile in shoe and tell me how you would have reacted if someone you had business deals with was very slow to respond or not easy to talk to.

8 Likes 2 Shares

Re: Crypto Currency Investors Thread by Omobola121(f): 12:30am On Jun 05, 2023
Thank you!

MercySpeak:
I have transact with this lady Omobola121 multiple times almost every week before she took break. She always deliver and not a scammer.

@Notbeenpaid, I believe she will contact you and fix things with you. If she didn't scamm me over of 8million deal, I don't think she would do this to anyone. I read her stories of chargeback last year and I want to believe she will sort things out.

Re: Crypto Currency Investors Thread by Omobola121(f): 12:34am On Jun 05, 2023
I can't really remember you but thanks for your input.

I have taken notes of all my mistakes last year and I have deploy some tips concerning PayPal transactions now. PayPal is what we use mostly here in UK so I can't really run away from using it.

SINisSIN:
I can attests to the communication aspect. Really hard reaching her now. Most times, it takes her days to even respond messages. I think she is not in Nigeria but then, she needs to be communicating effectively especially if you're still running business or still have a business deal pending.

I think you guys should just come to terms and discuss payment plan like she suggested on her response.

I understand PayPal transactions and it can be so annoying at times. If PayPal limit your account, you have to wait for 6 months before they will release the fund and funny enough, they might even tell you you violate their law and they will keep that fund. Loosing money is not easy but we just need to be very careful.

@Omobola121, you need to be very careful with PayPal transactions. If I were you when this dude requested to use your email for the fund, I would rather buy the fund from him to avoid issues like this instead of agreeing to help him move out the fund. Now, you loosed both ways. A chargeback happened and you still have to pay the guy. Wisdom is profitable they said. God go help you both.

3 Likes

Re: Crypto Currency Investors Thread by Omobola121(f): 12:35am On Jun 05, 2023
Thanks!
Ekehwinz:


Welcome back Alice

1 Like

Re: Crypto Currency Investors Thread by Omobola121(f): 12:37am On Jun 05, 2023
I am. Thanks bro.
Chikacha:



Good to know you're alive and well.

1 Like

Re: Crypto Currency Investors Thread by Omobola121(f): 1:08am On Jun 05, 2023
Doh!

They have brought what you guys can munch on. You didn't even wait to know the whole story, you have screenshot already. God Abeg o

lrman:
When we say never trust anybody 100% including me ,when we say life can happen to anyone and make them dissappear at any moment, when we say do not fall for sweet mouth of "I am making money bla bla " , when we say a reliable person today can become unreliable tomorrow.. they will reply us with epistles and say ehn we are jealous, we are this, we are that...until life happens or until they get scammed..

Just on this thread alone , more than three people have been accused and guilty of scam including deflover...and you expect people to fold their hands and watch you scam others like some people have done previously ?? You must be sick in the head..

6 Likes 2 Shares

Re: Crypto Currency Investors Thread by Pristine664: 5:39am On Jun 05, 2023
XaToXi:


Activation price is optional.

Limit price is your selling price with profit.

If you bought btc at 26000 and want to sell at 10% profit, then you put 28600 as sell limit price.

You can then set your trailing delta from 0.1% to 9% so that worst case, you bag 1% profit.

Trailing will be activated once price reaches 28600 since activation price isn't set in this example.

If price reaches 28600 and continues to 32000 without retracing, the minimum price it will sell is 29120 with 9% trailing, 30400 with 5% trailing, 31680 with 1% trailing or 31968 with 0.1% trailing.

Your choice of 5% trailing leaves too much room for slippage btw.

Omo so many things to learn in this space... Una dey go university to study cry.pto? grin

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