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Crypto Currency Investors Thread - Investment (4033) - Nairaland

Nairaland ForumNairaland GeneralInvestmentCrypto Currency Investors Thread (5789814 Views)

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Re: Crypto Currency Investors Thread by iLegendd(m):
I just realized Crypto Rank dot io has the best coin sorting than CMC and others. If you know how use that their filter option, you'll pull out the best coins to buy with good tokenomics and whatever MCap + volume you want at a snap. Coin research made too easy. It's a time saver.

Mess around with it and thank me later.

If you want to see my settings and how I use it, let me know.

Re: Crypto Currency Investors Thread by iLegendd(m):
WHEN TO BUY OR SELL BTC IN 4 YEAR INTERVAL

In my previous post, I spoke about when to sell, using the year's numeral as the two selling dates. In that post, we put October to January in different teams and from my finding, Team D is the best.

It won on the best days to sell and also, after much research today, it's also the best on when to buy in Buying Year.

As you know, in the 4 year cycle, the first year is the Relax Year,
second Sell Year,
third is Buy Year,
fourth is Buy-more Year (if necessary) and the cycle repeats.

Take a look at December of every Buy Year and you'll see if you had bought at those two dates, you would've been considered as someone who bought at the best time.

December 2010

December 1, 2010: ~$0.20
December 10, 2010: ~$0.23
Average: 0.20+0.23/2 = $0.215
[Lowest in 2010]: ~$0.06 on July 18, 2010.
[Lowest in *2011]: ~$0.30 on February 8, 2011.

December 2014

December 4, 2014: ~$382
December 14, 2014: ~$346
Average: 382+346/2 = $363
[Lowest in 2014]: ~$315 on December 17, 2014.
[Lowest in *2015]: ~$177 on January 14, 2015.

Yes, the lowest in 2014 was 315, but buying at average of 363 is a good buy. Isn't it?

December 2018

December 8, 2018: ~$3,400
December 18, 2018: ~$3,200
Average: 3400+3200/2 = $3300
[Lowest in 2018]: ~$3,156 on December 15, 2018.
[Lowest in *2019]: ~$3,390 on February 7, 2019.
[Lowest in *2020]: $4,970.79 on March 12, 2020. (COVID crash)

Yes, the lowest in 2018 was 3,156, but buying at average of 3300 is a good buy. Isn't it?

December 2022

December 2, 2022: ~$16,500
December 22, 2022: ~$16,800
Average: 16500+15500/2 = $16000
[Lowest in 2022]: ~$15,600 on November 21, 2022.
[Lowest in *2023]: ~$16,000 in January 2023.

Yes, the lowest in 2022 was 15500, but buying at average of 16000 is a good buy. Isn't it?

In summary, it's best to sell or buy in December twice while using that year's last two digits as your buy or sell date.

Buy Year
2010 (December 1st and 10th)
2018 (December 8th and 18th)
2022 (December 2nd and 22nd)
2026 (December 6th and 26th)

Sell Year
2013 (December 3rd and 13th)
2017 (December 7th and 17th)
2021 (December 1st and 21st)
2025 (December 5th and 25th)

And the date continues in that sequence.

Buying or selling at these dates or moments is like taking action at the right time, the average top and bottom.

What is the benefits of using this system?

1. You know when to buy.
2. You know when to sell.
3. It puts your emotions in control because you have a target. Ups and downs won't faze you till you get to that exact date.
4. You won't miss out the top or bottom.
5. Your average buy or sell is almost the top or bottom, so you won!

Since no one can time the market, this is the closest you can go at timing it and come out alive.

If you can just do this every 4 years, you're guaranteed to be rich—except you lose access to your wallet. You'll make more money than traders.

This doesn't mean you won't trade, if you wish, but at least, you have accounts or wallets you'll only touch 2-4 times every 4 years. Works best on BTC, Eth and TRX.


All you need is patience.

Here is part 1, if you missed it: https://www.nairaland.com/8268229/when-sell-crypto-bitcoin-bull#132893771

Re: Crypto Currency Investors Thread by shonepet(f): 3:14pm On Nov 22, 2024
wonlasewonimi:
I am surprised nobody is in the XRP army here except you cool
I am in that Army.
Re: Crypto Currency Investors Thread by megawealth01: 3:17pm On Nov 22, 2024
See MM manipulating the market grin

The altcoins season wan start ooooooo

No talk say I no tell you oooooo
Re: Crypto Currency Investors Thread by Ojemedad: 3:32pm On Nov 22, 2024
Geekels:
Sometimes it's good to take risk and jump on new technology

In 2015 while we were in school, one of my guy used to preach btc and crypto to me, he will talk about crypto like say him life depends on it.

I was despising and warning him like guy this una online stuff eeh no dey tell me again the day wey them go chop your money your eye go clear

If I could have just take little 5k out of the upkeep money and buy 5k naira worth of btc then,
The value would have been 21m naira now

Btc was trading between 200 and 500 usd and 1 usd was selling at BTW 180 and 200 naira then, 5k naira could buy 0.1btc.

This life eeh its good to just throw small money into something and forget about it
Same here? We even had an app that used to mine Btc back then, if only one can see the future
Re: Crypto Currency Investors Thread by Jerry59: 3:40pm On Nov 22, 2024
iLegendd:
I just realized Coin Rank dot io has the best coin sorting than CMC and others. If you know how use that their filter option, you'll pull out the best coins to buy with good tokenomics and whatever MCap + volume you want at a snap. Coin research made too easy. It's a time saver.

Mess around with it and thank me later.
You mean Crypto rank?
Re: Crypto Currency Investors Thread by nna777: 3:57pm On Nov 22, 2024
wonlasewonimi:
I am surprised nobody is in the XRP army here except you cool
Been talking about it all year long.
At the end of this cycle ends, It’s going to flip Ethy at some point.
Re: Crypto Currency Investors Thread by yerima21: 4:05pm On Nov 22, 2024
wonlasewonimi:
I am surprised nobody is in the XRP army here except you cool
I am a silent observer, little bag holder of XRP.
My entry point was 0.79 USDT and holding about 2000 pieces of it.
Also holding XLM but honestly looking for a way to dispose of them at any minimal profit. Unfortunately my entry point was about 0.5 USDT and only heaven knows when it will get to that level again.
XRP is doing well but the dilema is always the big question "when to take profits" ??
Re: Crypto Currency Investors Thread by iLegendd(m): 4:13pm On Nov 22, 2024
Jerry59:
You mean Crypto rank?
Oh, my bad. Yes, Crypto rank. It has the sorting I needed. I'm even willing to pay for such filter, but it's there for free.
Re: Crypto Currency Investors Thread by Chikacha: 4:25pm On Nov 22, 2024
bovali:
ETH finally waking up. I hope its not fake out, been accumulating
We are going to the moon, Nothing can stop us.
Re: Crypto Currency Investors Thread by nna777: 4:26pm On Nov 22, 2024
yerima21:
I am a silent observer, little bag holder of XRP.
My entry point was 0.79 USDT and holding about 2000 pieces of it.
Also holding XLM but honestly looking for a way to dispose of them at any minimal profit. Unfortunately my entry point was about 0.5 USDT and only heaven knows when it will get to that level again.
XRP is doing well but the dilema is always the big question "when to take profits" ??
Don’t take any profit on xrp till the end of this cycle. There’s a lot going on in XRP. With Gensgler stepping down in January, the sec court case will be settled sooner than later.
Also the White House (WH) wants to open a crypto portfolio & the CEO of Ripple is one of the contenders.
Finally Ripple is launching its stable coin in its ledger next year for global banking. It already has over 500 global banks currently in its ledger. Mass adoption next year will send it to double digits. So hodl.

We’re going to flip Bnb & Sol soon
Re: Crypto Currency Investors Thread by Chikacha: 4:26pm On Nov 22, 2024
[quote author=GRACEGLORY post=132980663][/quote]The pain is real but it is coming for us soon.
I feel bad for those that will sell their bags.
Re: Crypto Currency Investors Thread by Chikacha: 4:44pm On Nov 22, 2024
GRACEGLORY:
Another dip is likely, as #BTC may correct a bit, perhaps to, 89, 88, or even the 87K. But #BTC is charting new territories. What if the correction is delayed until 130K, and flows to ALTS as BTC. D drops.

It's only advisable to HODL at this point, sir.
True. I am holding and doing nothing. These are the real dangerous times we were taught about.
Re: Crypto Currency Investors Thread by Nobody: 4:45pm On Nov 22, 2024
nna777:
Don’t take any profit on xrp till the end of this cycle. There’s a lot going on in XRP. With Gensgler stepping down in January, the sec court case will be settled sooner than later.
Also the White House (WH) wants to open a crypto portfolio & the CEO of Ripple is one of the contenders.
Finally Ripple is launching its stable coin in its ledger next year for global banking. It already has over 500 global banks currently in its ledger. Mass adoption next year will send it to double digits. So hodl.

We’re going to flip Bnb & Sol soon
You believe you can flip BNB and SOL?
Re: Crypto Currency Investors Thread by sweetveek(m): 5:08pm On Nov 22, 2024
Born2conquer:
I sold my ALTS in loss today, BTC might bleed soon.i am gonna reenter
i hope you dont end up regretting this though, bcux you might end up buying at a price higher than this price you sold.
Re: Crypto Currency Investors Thread by Chikacha: 5:14pm On Nov 22, 2024
Born2conquer:
I sold my ALTS in loss today, BTC might bleed soon.i am gonna reenter
I am almost sure you have made the single worst decision of the bull market, but my only proof is history.
Re: Crypto Currency Investors Thread by XaToXi: 5:18pm On Nov 22, 2024
sweetveek:
i hope you dont end up regretting this though, bcux you might end up buying at a price higher than this price you sold.
I doubt he will ever want to buy $W again.
Re: Crypto Currency Investors Thread by megawealth01: 5:23pm On Nov 22, 2024
Born2conquer:
I sold my ALTS in loss today, BTC might bleed soon.i am gonna reenter
You can't say anyways. This trump win is another story oooooo

The bull run never even start

Bookmark this statement for future references either ways
Re: Crypto Currency Investors Thread by megawealth01: 5:23pm On Nov 22, 2024
XaToXi:
I doubt he will ever want to buy $W again.
$W that will still do $2+ abi nobi crypto again
Re: Crypto Currency Investors Thread by wonlasewonimi: 5:29pm On Nov 22, 2024
yerima21:
I am a silent observer, little bag holder of XRP.
My entry point was 0.79 USDT and holding about 2000 pieces of it.
Also holding XLM but honestly looking for a way to dispose of them at any minimal profit. Unfortunately my entry point was about 0.5 USDT and only heaven knows when it will get to that level again.
XRP is doing well but the dilema is always the big question "when to take profits" ??
That's everybody's challenge. Like today, as soon as I sold 300 @ 1.09 it went straight to 1.18. Pounds btw.

I still have 2700 cooling in another wallet hoping it can do bitcoinso that I can buy my lambo finally. grin grin
nna777:
Been talking about it all year long.
At the end of this cycle ends, It’s going to flip Ethy at some point.
Amen to that. Nice one
Re: Crypto Currency Investors Thread by iLegendd(m): 6:06pm On Nov 22, 2024
Don Jazzy should be swimming in cash by now. He has been in love with crypto since 2017. I once listened to an interview where he said he wanted to learn Forex trading and the person mentioned crypto, how it works, etc. and he immediately chose crypto.

Other musicians or producers are probably buying things that won't appreciate in value, except their gold chains, while Jazzy is swimming in free BTC cash.

He's a GLE-BOSS.

Re: Crypto Currency Investors Thread by twosquare(m): 6:18pm On Nov 22, 2024
Whatever you do, have it in your bags for long-term keep and wait. It is said, it will one day be worth like Amazon is worth today, when their stocks were still sold for cheap.

That's it...

*I'm only concerned about the XRP army...wao, such a long wait...but the satisfaction when the fulfilment shall come....hmmm...

till then...I will come back to this post. God keep us all alive.

yerima21:
I am a silent observer, little bag holder of XRP.
My entry point was 0.79 USDT and holding about 2000 pieces of it.
Also holding XLM but honestly looking for a way to dispose of them at any minimal profit. Unfortunately my entry point was about 0.5 USDT and only heaven knows when it will get to that level again.
XRP is doing well but the dilema is always the big question "when to take profits" ??
XRP that may soon be worth $10,000 not too long...it is just a matter of when...is it immediately after the global economy crash expected?

Or when Trump does something about crypto, but it may definitely happen during Trump's tenure or 2030.
Re: Crypto Currency Investors Thread by twosquare(m): 6:42pm On Nov 22, 2024
sweetveek:
i hope you dont end up regretting this though, bcux you might end up buying at a price higher than this price you sold.
I wonder why people don't hold long-term. Of course, not all coins will pump as expected, but the fundamentals say we are in a bull run. So, eat and relax and shake your legs. I think people who spend much time on the charts are affected by this.

Except he is doing futures o...then, I may give him a pass.
Re: Crypto Currency Investors Thread by yerima21: 6:57pm On Nov 22, 2024
twosquare:
Whatever you do, have it in your bags for long-term keep and wait. It is said, it will one day be worth like Amazon is worth today, when their stocks were still sold for cheap.

That's it...

*I'm only concerned about the XRP army...wao, such a long wait...but the satisfaction when the fulfilment shall come....hmmm...

till then...I will come back to this post. God keep us all alive.

XRP that may soon be worth $10,000 not too long...it is just a matter of when...is it immediately after the global economy crash expected?

Or when Trump does something about crypto, but it may definitely happen during Trump's tenure or 2030.
Wow, i love your optimism...XRP @ 10 000 dollars. I say a big Amen to that cheesy
Re: Crypto Currency Investors Thread by sweetveek(m): 6:59pm On Nov 22, 2024
twosquare:
I wonder why people don't hold long-term. Of course, not all coins will pump as expected, but the fundamentals say we are in a bull run. So, eat and relax and shake your legs. I think people who spend much time on the charts are affected by this.

Except he is doing futures o...then, I may give him a pass.
most people want 100% increase in a day
Re: Crypto Currency Investors Thread by yerima21: 7:03pm On Nov 22, 2024
wonlasewonimi:
That's everybody's challenge. Like today, as soon as I sold 300 @ 1.09 it went straight to 1.18. Pounds btw.

I still have 2700 cooling in another wallet hoping it can do bitcoinso that I can buy my lambo finally. grin grin
I didn't even know it ever went as low as 1.09 today. I think at this point i ll opt to HODL
Make i join Lambo crew cheesy
Re: Crypto Currency Investors Thread by iLegendd(m): 7:06pm On Nov 22, 2024
I agree to an extent with this prediction.

Re: Crypto Currency Investors Thread by yerima21: 7:06pm On Nov 22, 2024
nna777:
Don’t take any profit on xrp till the end of this cycle. There’s a lot going on in XRP. With Gensgler stepping down in January, the sec court case will be settled sooner than later.
Also the White House (WH) wants to open a crypto portfolio & the CEO of Ripple is one of the contenders.
Finally Ripple is launching its stable coin in its ledger next year for global banking. It already has over 500 global banks currently in its ledger. Mass adoption next year will send it to double digits. So hodl.

We’re going to flip Bnb & Sol soon
Well appreciated. Thanks
Re: Crypto Currency Investors Thread by twosquare(m): 7:13pm On Nov 22, 2024
yerima21:
Wow, i love your optimism...XRP @ 10 000 dollars. I say a big Amen to that cheesy
wink wink



https://www.youtube.com/watch?v=MQymfED5c7w&t=2086s
Re: Crypto Currency Investors Thread by Bitcoin: 7:22pm On Nov 22, 2024
I'm genuinely happy to see so many people encouraging patience and holding long term on this thread. Patience really pays and it's less stressful than short term trades where manipulators can hunt your stop loss, fake you out and all sorts of shenanigans. Long lasting wealth is made by slowly accumulating assets over a long period of time. I have friends who made so much money trading stock options during covid only to lose it all. Greed took over them, they will make $60k in a matter of minutes trading Gamestop (GME) options. Instead of walking away after such a lucky and speculative trade, they got greedy and felt they could double or quadruple it again only to lose it all. The gambling spirit kicks in and all they want to do is make back what they lost and they keep doubling down hoping they can turn things around but their loss keeps getting bigger. One guy lost his marriage and another one is homeless now. Most of them are depressed and hopeless till this day.

Bitcoin has blessed me plenty fold and I'm grateful because when I was younger I never thought i would attain generational wealth nor would it come from a virtual currency people said will drop to zero. Please for the sake of your mental health and your future, don't day trade, buying and holding is far more profitable than short term trading. If you've not proven that you can profitably trade a small portfolio consistently for 2 years, don't bother with it. Good luck!
Re: Crypto Currency Investors Thread by Born2conquer: 7:39pm On Nov 22, 2024
twosquare:
I wonder why people don't hold long-term. Of course, not all coins will pump as expected, but the fundamentals say we are in a bull run. So, eat and relax and shake your legs. I think people who spend much time on the charts are affected by this.

Except he is doing futures o...then, I may give him a pass.
I've been in crypto since 2020. I made a decision I regret and I need to correct it.

I am not out rightly walking away. I am merely waiting for a pull back and I am going 35k dollars in and forget. All my money is going to $W
Re: Crypto Currency Investors Thread by motymop: 7:52pm On Nov 22, 2024
Alexas58:
This is why I don’t trade newly launched coins, because they don’t hav history .

But like a doctor would always ask for history of a patients illness bfre they start working other patient to get best result and know what the patient has been diagnosed with in the past!

Without history, I’m never buying a coin
Everyone has their own strategy.

Personally I only care about narratives and community, volume and nothing more.

Every tokens started with no history, that is how it works, so if you see the right token, you will make a lot of money from just buying early.
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