Crypto Currency Investors Thread - Investment (3975) - Nairaland
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| Re: Crypto Currency Investors Thread by XaToXi: 1:13pm On Nov 01, 2024 |
seanwilliam: ![]() Personally, my bets are on Bome (greatly undervalued) and Pepe (great community). However, in terms of crazy pumps, you might want to list them in order of current depreciation. The further they've fallen, the more room to the upside, thus: Myro - 75% Bome - 71% Floki - 61% Pepe - 48% You can put 25% in all 4 or 60% in 2 and 40% in another 2. . |
| Re: Crypto Currency Investors Thread by stokfrick: 1:15pm On Nov 01, 2024 |
Life itself is a gamble. Cos no one knows or can completely foretell their fate the next minute. It's all a game of chance/probabilities. We only try to avoid unnecessary risks and pray for success |
| Re: Crypto Currency Investors Thread by XaToXi: 1:32pm On Nov 01, 2024 |
Alexas58: Alexas58:Just consult chatgpt and save yourself. I'm posting the image below because it will be useful for other people.
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| Re: Crypto Currency Investors Thread by XaToXi: 1:41pm On Nov 01, 2024 |
Robnectar:Whatever amount you are very comfortable losing. Robnectar:With this leverage, you will be able to trade twice the amount of the money you are comfortable losing. Btc has the highest notional size of $60-73 right now, followed by Eth and sol so with $40 you should be able to trade any coin at 2x leverage. |
| Re: Crypto Currency Investors Thread by harry2sexy(m): 1:56pm On Nov 01, 2024 |
iLegendd:Make I leave intelligent man like this dey trade like a fool, mtswhhhh, e nor go better for that ozuor |
| Re: Crypto Currency Investors Thread by Nobody: 2:08pm On Nov 01, 2024 |
harry2sexy:This table you're shaking…😎 |
| Re: Crypto Currency Investors Thread by seanwilliam(m): 2:13pm On Nov 01, 2024 |
XaToXi:thanks so much 😊. Make I continue dcaing |
| Re: Crypto Currency Investors Thread by seanwilliam(m): 2:15pm On Nov 01, 2024 |
Tflex01:Chai. I for consider am but mehn I’m too invested on those ones no be small . Thanks so much , I appreciate. |
| Re: Crypto Currency Investors Thread by Alexas58: 3:15pm On Nov 01, 2024 |
Back from market This special Agbo can make you perform like. Legned on bed and make you last for 21 days straight without cumming
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| Re: Crypto Currency Investors Thread by Alexas58: 3:16pm On Nov 01, 2024 |
XaToXi:Very simple question! Why when you have a 50% decrease in ur capital you are needed to make a 100% gain ?? Explain like the smart man you are |
| Re: Crypto Currency Investors Thread by GRACEGLORY: 3:30pm On Nov 01, 2024*. Modified: 4:42pm On Nov 01, 2024 |
iLegendd:Thanks for your take, boss. Your wisdom is that of angels. Here's my perspective... One look at the dictionary will tell you that investing and gambling are, at their core, startlingly different, hence, the English dictionary differentiates them. Only that, there are many investors who behave far more like gamblers, especially when it comes to the expectation of profit with associated risk. According to the Oxford dictionary, a gambler is “a fraudulent gamer who habitually plays for money, especially high stakes. An investor, on the other hand, is defined as “a person who commits capital to a business endeavour for positive returns An investor puts money into what he percieves as assets, a gambler put money into what he percieve as chance. In futures, you have no asset nor can you HODL, you have nothing except chance. It's not the same in spot where you have an asset, tangible asset. In a spot market, you own the asset you buy. Spot trading involves buying or selling a financial instrument, commodity, or foreign currency for immediate delivery. For example, a spot trader might buy cryptocurrency at a specific time and sell it when the price increases. In a futures contract, you don't own the asset you're gambling. Trading or investment involves owning a commodity, gambling involves putting money on chance, no commodity, no asset, no nothing... It’s essential for all of us to realize how easy it is to gamble under the pretext of investing. Edited Life isn't a gamble, for us in our kingdom... We have an expected end. Please, we must ensure we don't give our life to chance/gamble. I AM NOT A GAMBLER!!!
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| Re: Crypto Currency Investors Thread by Chikacha: 3:56pm On Nov 01, 2024 |
seanwilliam:I really avoid memes but I bought PEPE and will DCA more with another dip. |
| Re: Crypto Currency Investors Thread by GRACEGLORY: 4:16pm On Nov 01, 2024 |
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| Re: Crypto Currency Investors Thread by Yemike(m): 4:24pm On Nov 01, 2024 |
GRACEGLORY:A professional with proofs to show for it. You sabi this thing wella. Not a gambler indeed. |
| Re: Crypto Currency Investors Thread by EmmyPers: 4:46pm On Nov 01, 2024*. Modified: 7:52pm On Nov 01, 2024 |
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| Re: Crypto Currency Investors Thread by hedonido: 5:40pm On Nov 01, 2024 |
To make it big in this game (and perhaps in the expanded game of life), you have to be incredibly smart or incredibly 'stupid'. Interpret this any way you like. Anything in-between is called jonzing, whether you like it or not. |
| Re: Crypto Currency Investors Thread by Robnectar(m): 6:34pm On Nov 01, 2024 |
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| Re: Crypto Currency Investors Thread by Arijude(m): 7:01pm On Nov 01, 2024 |
Robnectar:what's your expectation for Pepe price at the peak of bull run? |
| Re: Crypto Currency Investors Thread by boldsleek: 7:55pm On Nov 01, 2024 |
What is Grass trying to do since yesterday? I made money from it yesterday, waiting for it to dip so I can reinvest. But, it keeps climbing up to heaven, and I'm scared of buying at the price I'm seeing oooo ![]() |
| Re: Crypto Currency Investors Thread by stokfrick: 7:57pm On Nov 01, 2024 |
GRACEGLORY:Your perspective is nice. But your expected outcome is not 100% assured. You don't get to decide which of your investment turns out profitable, neither can you tell which must lead to a loss so as to completely avoid it. Thus at the end it still ends up a probility. That's why as a good technical analyst which you are, you always make use of the word "MAY" while forecasting. |
| Re: Crypto Currency Investors Thread by Chikacha: 8:37pm On Nov 01, 2024 |
Robnectar:Happy new month My brother. Patience is everything. |
| Re: Crypto Currency Investors Thread by stokfrick: 8:39pm On Nov 01, 2024 |
Crypto trading shares similarities with gambling, but it's not entirely accurate to categorize it as such. Here's a nuanced view: *Similarities with gambling:* 1. Volatility: Cryptocurrency prices can fluctuate rapidly, creating uncertainty. 2. Risk: Trading cryptocurrencies carries inherent risk, including potential losses. 3. Speculation: Some traders engage in speculative behavior, hoping for quick profits. 4. Emotional involvement: Fear, greed, and emotional decision-making can occur. *Differences from gambling:* 1. Market dynamics: Cryptocurrency prices are influenced by supply and demand, adoption rates, regulatory changes, and global events. 2. Fundamental analysis: Traders can analyze blockchain technology, project fundamentals, and market trends to inform decisions. 3. Investment potential: Cryptocurrencies have potential for long-term growth and adoption. 4. Regulatory environment: Cryptocurrency markets are increasingly regulated, providing some protection for traders. *Why crypto trading is not entirely gambling:* 1. Emerging asset class: Cryptocurrencies represent a new asset class, distinct from traditional currencies. 2. Decentralized nature: Blockchain technology enables decentralized, peer-to-peer transactions. 3. Growing infrastructure: Cryptocurrency exchanges, wallets, and payment systems are maturing. 4. Mainstream adoption: Cryptocurrencies are increasingly accepted by institutions, businesses, and governments. *Why crypto trading can be considered gambling-like:* 1. Lack of education: Uninformed traders may rely on luck rather than research. 2. Over-leveraging: Traders may take excessive risks, amplifying potential losses. 3. Market manipulation: Pump-and-dump schemes, wash trading, and other manipulative practices exist. 4. Emotional trading: Fear, greed, and emotional decision-making can dominate. *Best practices to avoid gambling-like behavior:* 1. Educate yourself on blockchain technology, cryptocurrency fundamentals, and market analysis. 2. Set realistic goals and risk tolerance. 3. Develop a trading plan and stick to it. 4. Monitor and adjust your emotions. 5. Diversify your portfolio. 6. Use proper risk-reward ratios. Crypto trading carries risks, but it's not entirely gambling. Approach it with education, caution, and a long-term perspective to minimize risks and maximize potential rewards. #Copied |
| Re: Crypto Currency Investors Thread by Robnectar(m): 8:40pm On Nov 01, 2024 |
Arijude:$Pepe will do Wonders and hit a new ATH as dis is her 1st bullrun and d community is very strong |
| Re: Crypto Currency Investors Thread by chido20(m): 8:47pm On Nov 01, 2024 |
I’m buying more Ponke. The coin is about to explode |
| Re: Crypto Currency Investors Thread by Chully01(f): 8:48pm On Nov 01, 2024 |
Beeteecee ya werey gan sha ![]() |
| Re: Crypto Currency Investors Thread by Usdtstaking: 9:21pm On Nov 01, 2024 |
Personally, I think Future Trading is not a gamble. It is just like Spot Trading. When you remove the "Get rich quick" mentality and start trading with a business mindset, your disappointment will be reduced. Look at it this way: if banks with all the money they have can only give you 7 to 12% ROI in a year, this should tell you that they are trying to minimize the risk to the minimum. Let your target be 20% to 50% in a year when trading futures. With this mindset, you will think like a business person rather than a gambler. I learnt it the hard way after taking different losses, including the one that nearly sent me back to the village. I went back to the drawing board and updated my bot. I no longer try to make money, which will take me 5 years in just 1 month. I started thinking about the long term. I removed all the noises (altcoins) and focused on only BTC and ETH. Below is one of the bot's trading since I modified my thinking (August 06 2024). You can check on 5th August 2024. That was the dip that reset my thinking. I assigned $500 to the bot, which it has been trading with it. From the calculation, the return is like 10% per month. The return might not be much, but it gives me peace of mind. Choose the one (Future or Spot) that suits you and trade cautiously. I prefer Future Trading because of the flexibility it gives.
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| Re: Crypto Currency Investors Thread by iLegendd(m): 9:59pm On Nov 01, 2024 |
GRACEGLORY:Okay. I still stand with my point, but I'll also let yours stand. Sometimes, the number 6 is called 9 depending on your direction. #OneLove |
| Re: Crypto Currency Investors Thread by iLegendd(m): 10:03pm On Nov 01, 2024 |
Robnectar:It all depends on what you can lose because the initial stage is about loss and luck. |
| Re: Crypto Currency Investors Thread by iLegendd(m): 10:05pm On Nov 01, 2024 |
Woke from sleep and the BTC I saw heading to 72k had gone back to 69k. As I said, I'll take the market seriously in 2025. Whatever I do now is just for fun. |
| Re: Crypto Currency Investors Thread by Agentsalt: 10:11pm On Nov 01, 2024 |
The new method of features trading just tire me. Its just very confusing. So if i have 30usd on my features wallet, and iwant to make use of all the 30usd to trade btc on a leverage of 3x. Instead allowing me to use all my 30usd they are telling me to use only 23.06usd. Hmm me ino come understand again o. |
| Re: Crypto Currency Investors Thread by armadeo(m): 12:05am On Nov 02, 2024 |
This market is so funny. They really said they'll push everyone to exhaustion. I'm not even checking anymore like before. I'm tired. I've set my alerts at 80k. Whenever btc crosses there I'll start monitoring again. |
| Re: Crypto Currency Investors Thread by seanwilliam(m): 4:42am On Nov 02, 2024 |
I pray for Trump to win, if not, Elon is playing with fire,
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