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Crypto Currency Investors Thread - Investment (4023) - Nairaland

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Re: Crypto Currency Investors Thread by GRACEGLORY: 5:29pm On Nov 19, 2024
GRACEGLORY:
Allow me to clarify that anything I'm going to say is completely speculative and not meant to be financial advice before I go any further. Yet, I'm going all in for myself 100%

Satoshi himself once said, "It might make sense just to get some in case it catches on."
And Hal Finney, who many believe was Satoshi once prophesied that one day, a BTC may be valued up to $10 million.



What if XEC hit $0.001 this cycle… and later, $1

When individuals look at eCash, they see the entire number of 21T coins. Jesus! They are bewildered by the large quantity of XEC in circulation, unaware that it has the same total supply of 21 million coins as BTC and BCH.
Did you know when coinbase listed Bch, it rose in price like it was gok6to heaven, and there was a supply shock that stopped trading. If coinbase list XEC that happens to be a fork of Bch, what do you think would happenhuh
Re: Crypto Currency Investors Thread by Nickelodeon93: 5:43pm On Nov 19, 2024
GRACEGLORY:
Did you know when coinbase listed Bch, it rose in price like it was gok6to heaven, and there was a supply shock that stopped trading. If coinbase list XEC that happens to be a fork of Bch, what do you think would happenhuh
Good evening, please do you mean this

Re: Crypto Currency Investors Thread by chival10(m): 6:13pm On Nov 19, 2024
Yes
Nickelodeon93:
Good evening, please do you mean this
Re: Crypto Currency Investors Thread by Infinixhot2: 6:19pm On Nov 19, 2024
#DeSci coins would moon like nft in the last bull run $Lake etc
Re: Crypto Currency Investors Thread by motymop: 6:44pm On Nov 19, 2024
from 1.8M to 25M

brought to you by pumpfun

Re: Crypto Currency Investors Thread by Nickelodeon93: 6:46pm On Nov 19, 2024
chival10:
Yes
thanks
Re: Crypto Currency Investors Thread by GRACEGLORY: 6:59pm On Nov 19, 2024
FlashDboy:
Say no more . Your a noble man. You also helped me with my coin I trusted you even without knowing you.

God bless.
You're blessing personified, sir.
Re: Crypto Currency Investors Thread by GRACEGLORY: 6:59pm On Nov 19, 2024
Nickelodeon93:
Good evening, please do you mean this
That's it
Re: Crypto Currency Investors Thread by GRACEGLORY: 7:12pm On Nov 19, 2024
clems88:
😁 I can't wait o. I will even put shoulder pad join
Go get your shoulder pads ready, sir
Re: Crypto Currency Investors Thread by GRACEGLORY: 7:22pm On Nov 19, 2024
GRACEGLORY:
#BTC

93K,✅ 94K 95K
We're not all gamblers

Re: Crypto Currency Investors Thread by Ojemedad: 7:23pm On Nov 19, 2024
Holding BNB and Eth can give you mental stress, this is no joke anyway
Re: Crypto Currency Investors Thread by iLegendd(m): 7:53pm On Nov 19, 2024
Sometimes, 3 coins and patience is all you need in crypto and the rest is just for fun and adrenaline rush so you can have a story to tell.
Re: Crypto Currency Investors Thread by clems88(m): 8:08pm On Nov 19, 2024
GRACEGLORY:
Go get your shoulder pads ready, sir
hmm I'm already waiting o. I pray market does well next month and January, because I plan to exit by January . I'm tired
Re: Crypto Currency Investors Thread by ObodoNaija(f): 8:54pm On Nov 19, 2024
Abeg! What do you guys think about Doge? Will it get to $1 or above.
Re: Crypto Currency Investors Thread by motymop: 9:09pm On Nov 19, 2024
i saw this token at 300k because someone shilled it because the person saw a whale with $10M buying it

So i put in $10 and it pumped to 2.5M, my $10 became $75, i sold about $23 and i left the remaining one for ride or die

Re: Crypto Currency Investors Thread by 10kgod(m): 9:30pm On Nov 19, 2024
motymop:
i saw this token at 300k because someone shilled it because the person saw a whale with $10M buying it

So i put in $10 and it pumped to 2.5M, my $10 became $75, i sold about $23 and i left the remaining one for ride or die
Can you add it's CA to the post pls?
Re: Crypto Currency Investors Thread by Singapore1(m): 10:07pm On Nov 19, 2024
Ojemedad:
Holding BNB and Eth can give you mental stress, this is no joke anyway
been holding ETH for 2 years and i am still at loss. I am sure i am the one holding its destiny, watch it pump when i sell
Re: Crypto Currency Investors Thread by twosquare(m): 10:12pm On Nov 19, 2024
Ojemedad:
Holding BNB and Eth can give you mental stress, this is no joke anyway
Relax; they will have their days...just have them there while you invest in other things.
Re: Crypto Currency Investors Thread by Singapore1(m): 10:15pm On Nov 19, 2024
I’ll say it again for anyone who needs to hear it: 98% of meme traders lose their money. Your chance of making money trading memes is just 2%, and that 2% consists of people who dedicate their lives—literally 24/7—to trading. I trade memes too, but I understand the risks and know what goes on behind the scenes. Believe me, if you’re trading memes, you are far more likely to lose your money.

One major mistake many people make is trying to find the next Doge or Shiba. You will lose all your money chasing the next "big" meme coin. Instead, you’re better off chasing airdrops or sticking with already established meme coins like Doge, Shiba, or Pepe, which are listed on Bina.nce.

Remember, only one meme coin typically survives each bull cycle:

Doge survived the earlier cycles.
Shiba thrived in the next.
Pepe emerged after that.
And now, it’s Wif.

I am saying this because you are from Africa with low purchasing power, you have better chance in sptybet than this.


Signed
8 years experience trader
Re: Crypto Currency Investors Thread by GRACEGLORY: 10:49pm On Nov 19, 2024
GRACEGLORY:
#BTC

93K✅,94K 95K
So, #BTC took out the 93K, and almost hit the 94K by 93.905K, short off $95 to reach the 94k. Even though almost doesn't count, I'll say, that was almost a hit.

I expect another attempt

Re: Crypto Currency Investors Thread by motymop: 10:55pm On Nov 19, 2024
Singapore1:
I’ll say it again for anyone who needs to hear it: 98% of meme traders lose their money. Your chance of making money trading memes is just 2%, and that 2% consists of people who dedicate their lives—literally 24/7—to trading. I trade memes too, but I understand the risks and know what goes on behind the scenes. Believe me, if you’re trading memes, you are far more likely to lose your money.

One major mistake many people make is trying to find the next Doge or Shiba. You will lose all your money chasing the next "big" meme coin. Instead, you’re better off chasing airdrops or sticking with already established meme coins like Doge, Shiba, or Pepe, which are listed on Bina.nce.

Remember, only one meme coin typically survives each bull cycle:

Doge survived the earlier cycles.
Shiba thrived in the next.
Pepe emerged after that.
And now, it’s Wif.

I am saying this because you are from Africa with low purchasing power, you have better chance in sptybet than this.


Signed
8 years experience trader
i disagree with everything you wrote

yeah memecoins are risky just like any other coin in crypto

you obviously havent been trading recently

Binance have listed more than 15 memecoins this cycle

goat, pnut, neiro, turbo, babydoge, popcat, mog,bome, wif, myro and many more.

i follow the data and there are about 10 memecoins in 200M marketcap and above

one rule about trading, is you never buy on top of an establish token or else you will be used as exit liquidity

Try as much to understand the market, the market is more than btc, ethereum, shiba or doge

we are no more in 2021.
Re: Crypto Currency Investors Thread by Nobody: 11:05pm On Nov 19, 2024
Singapore1:
been holding ETH for 2 years and i am still at loss. I am sure i am the one holding its destiny, watch it pump when i sell
Sell abeg, I want to check something, sir
Re: Crypto Currency Investors Thread by GRACEGLORY: 11:05pm On Nov 19, 2024
motymop:
i disagree with everything you wrote

yeah memecoins are risky just like any other coin in crypto

you obviously havent been trading recently

Binance have listed more than 15 memecoins this cycle

goat, pnut, neiro, turbo, babydoge, popcat, mog,bome, wif, myro and many more.

i follow the data and there are about 10 memecoins in 200M marketcap and above

one rule about trading, is you never buy on top of an establish token or else you will be used as exit liquidity

Try as much to understand the market, the market is more than btc, ethereum, shiba or doge

we are no more in 2021.
Word up. Please, loud the speaker well, well, speak to my soul, sir.
I agree with you.


Signed
1 day experienced trader

Re: Crypto Currency Investors Thread by megawealth01: 11:06pm On Nov 19, 2024
Valwezzy:
Sell abeg, I want to check something, sir
No sell your eth ooooo. Eth pump go crazy
Re: Crypto Currency Investors Thread by Alexas58: 11:34pm On Nov 19, 2024
motymop:
i disagree with everything you wrote

yeah memecoins are risky just like any other coin in crypto

you obviously havent been trading recently

Binance have listed more than 15 memecoins this cycle

goat, pnut, neiro, turbo, babydoge, popcat, mog,bome, wif, myro and many more.

i follow the data and there are about 10 memecoins in 200M marketcap and above

one rule about trading, is you never buy on top of an establish token or else you will be used as exit liquidity

Try as much to understand the market, the market is more than btc, ethereum, shiba or doge

we are no more in 2021.
Aging like fine wine!

Experience is the best
Cheers champ!

Well said
Re: Crypto Currency Investors Thread by Alexas58: 11:36pm On Nov 19, 2024
motymop:
i disagree with everything you wrote

yeah memecoins are risky just like any other coin in crypto

you obviously havent been trading recently

Binance have listed more than 15 memecoins this cycle

goat, pnut, neiro, turbo, babydoge, popcat, mog,bome, wif, myro and many more.

i follow the data and there are about 10 memecoins in 200M marketcap and above

one rule about trading, is you never buy on top of an establish token or else you will be used as exit liquidity

Try as much to understand the market, the market is more than btc, ethereum, shiba or doge

we are no more in 2021.
Let’s see how their prices will be by this time next year .


I’m sure you’re here to make money year after year, and not just a one time winner!
Re: Crypto Currency Investors Thread by Singapore1(m): 12:14am On Nov 20, 2024
motymop:
i disagree with everything you wrote

yeah memecoins are risky just like any other coin in crypto

you obviously havent been trading recently

Binance have listed more than 15 memecoins this cycle

goat, pnut, neiro, turbo, babydoge, popcat, mog,bome, wif, myro and many more.

i follow the data and there are about 10 memecoins in 200M marketcap and above

one rule about trading, is you never buy on top of an establish token or else you will be used as exit liquidity

Try as much to understand the market, the market is more than btc, ethereum, shiba or doge

we are no more in 2021.
you are obviously entitled to your opinion. the purpose is not for everyone to agree

But you’re making my point for me with what you said. Every day, 10,417 new tokens are created, but almost as many—9,912—die within the same period. That means 95% of memes die within the first day of being created, and 99% don’t survive beyond three months. Do the math. Count the total number of memes above a $1M market cap, then factor in that 11,000 memes are created every single day. Now, consider the percentage of memes listed by Binance. If Binance lists one meme per day on average, that’s just 0.01% of memes created daily. The odds drop astronomically when you factor in that Binance doesn’t list every day.

Another mistake you’re making is judging memes based on market cap because you clearly don’t understand how market cap works at a fundamental level. I could write a thesis on that, but I’d rather not waste my time.

Like I said, I trade memes for fun, the same way I put random amounts in my sporty account to place bets. People who know me here know I’ve done 1,000x memes, 172x memes, etc. But ask me how many memes I bought before I got lucky. Meme trading is worse than a casino. Of course, a few people win, but if you understand statistics, you’ll stay far away from memes.

Another fact is that if a meme is not listed on tier 1 exchange then there is 99% chnce tht they will die off



you also don't need to look far. just check this thread from 2022 compare the meme being shilled now to the being shilled then.

Re: Crypto Currency Investors Thread by motymop:
Alexas58:
Let’s see how their prices will be by this time next year .


I’m sure you’re here to make money year after year, and not just a one time winner!
let me explain something

Crypto changes with time, the trend changes every time

who will expect that solana will be the bsc of 2024

the market in crypto is a fast moving one and we do not wait for how the market will look like next year. next year will care for itself.

you are suppose to take all the profit you can make right now because next year, a new trend might come up

The mistake majority of people made in 2021 was buying on top and thinking the pump will last forever and then holding for ever.

Pump do not last forever.

i have learnt enough lesson in crypto

make all the money you can now and save up and wait till the next trend to come.
Re: Crypto Currency Investors Thread by Ojemedad: 12:38am On Nov 20, 2024
Singapore1:
been holding ETH for 2 years and i am still at loss. I am sure i am the one holding its destiny, watch it pump when i sell
ETH is surely overrated
Re: Crypto Currency Investors Thread by motymop: 12:43am On Nov 20, 2024
Singapore1:
you are obviously entitled to your opinion. the purpose is not for everyone to agree

But you’re making my point for me with what you said. Every day, 10,417 new tokens are created, but almost as many—9,912—die within the same period. That means 95% of memes die within the first day of being created, and 99% don’t survive beyond three months. Do the math. Count the total number of memes above a $1M market cap, then factor in that 11,000 memes are created every single day. Now, consider the percentage of memes listed by Binance. If Binance lists one meme per day on average, that’s just 0.01% of memes created daily. The odds drop astronomically when you factor in that Binance doesn’t list every day.

Another mistake you’re making is judging memes based on market cap because you clearly don’t understand how market cap works at a fundamental level. I could write a thesis on that, but I’d rather not waste my time.

Like I said, I trade memes for fun, the same way I put random amounts in my sporty account to place bets. People who know me here know I’ve done 1,000x memes, 172x memes, etc. But ask me how many memes I bought before I got lucky. Meme trading is worse than a casino. Of course, a few people win, but if you understand statistics, you’ll stay far away from memes.

Another fact is that if a meme is not listed on tier 1 exchange then there is 99% chnce tht they will die off



you also don't need to look far. just check this thread from 2022 compare the meme being shilled now to the being shilled then.
Normally, i dont like reading long stuff about memecoins.

obviously you have brought statictics of pumpfun basically conclude that no one can make it on pumpfun.

the same statistics should be used for all the projects on coinmarketcap. the trending coins of 2017, is different from 2021 and 2024, majority of tokens have gone to zero because trends changes.

are there scams on pumpfun, there are thousands of scams, it is your job to do your own research to avoid those scams.

everyone has learnt their lessons and know that you do not hold tokens, you take your intials out and sell as the market cap increases, if you think a token is a scam, you cut your losses and move on, there are hundrends of trading bots that can literally help you to cut loss.

lastly, i dont want to go into all the stuff about thesis of marketcap or not, i have been in this game to know what works for me, i have stick to them and it brings result, i am really in this game to make money and not here for some theortical approach on how things work, i have learnt form the best and i am sticking to what bring reult for me.
Re: Crypto Currency Investors Thread by DieRich5: 12:46am On Nov 20, 2024
GRACEGLORY:
So, #BTC took out the 93K, and almost hit the 94K by 93.905K, short off $95 to reach the 94k. Even though almost doesn't count, I'll say, that was almost a hit.

I expect another attempt
what price do you think it's will likely reverse?
Re: Crypto Currency Investors Thread by Alexas58: 6:25am On Nov 20, 2024
motymop:
let me explain something

Crypto changes with time, the trend changes every time

who will expect that solana will be the bsc of 2024

the market in crypto is a fast moving one and we do not wait for how the market will look like next year. next year will care for itself.

you are suppose to take all the profit you can make right now because next year, a new trend might come up

The mistake majority of people made in 2021 was buying on top and thinking the pump will last forever and then holding for ever.

Pump do not last forever.

i have learnt enough lesson in crypto

make all the money you can now and save up and wait till the next trend to come.
Loll!

Lemme burst ur head?
People buying now, are buying at the top top top, and they will learn some lesson!

Signed 4 years experienced trader as at 2024.
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