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Crypto Currency Investors Thread - Investment (4763) - Nairaland

Nairaland ForumNairaland GeneralInvestmentCrypto Currency Investors Thread (5737306 Views)

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Re: Crypto Currency Investors Thread by Beeron: 6:17pm On Feb 01
webizone:
Please guys, I need your help.
I have been watching the crypto markets for long now while I have traded other things, and I am feeling very confident about trading it now.

But, I have a problem.
Choosing a broker or the exchange to trade it is giving me a headache.

I want a platform that I can fund either cash or crypto, then go to a chart and trade btc usd or eth usd.

But when I google and look for exchanges, I see platforms that look like they only have something like btcngn and it's just a direct swap (like buying dollar from aboki, not riding candles to profit from price changes).

So, I am confused. How do I get in? Plus, simplicity of the platform will also be appreciated.
some people have other options but I use Binance and Bybit.

Re: Crypto Currency Investors Thread by LincolnOnyeabor: 6:44pm On Feb 01
webizone:
Please guys, I need your help.
I have been watching the crypto markets for long now while I have traded other things, and I am feeling very confident about trading it now.

But, I have a problem.
Choosing a broker or the exchange to trade it is giving me a headache.

I want a platform that I can fund either cash or crypto, then go to a chart and trade btc usd or eth usd.

But when I google and look for exchanges, I see platforms that look like they only have something like btcngn and it's just a direct swap (like buying dollar from aboki, not riding candles to profit from price changes).

So, I am confused. How do I get in? Plus, simplicity of the platform will also be appreciated.
You can use Deriv platform. I would have dropped link but antispam bot fit ban me. Message my mail let me give you the link.

I'm particularly trading their other Synthetics Instruments No noise, no news, just pure technical analysis!

Trying to grow this small $10 accounts to something major.

Re: Crypto Currency Investors Thread by iLegendd(m): 8:04pm On Feb 01
Valwezzy:
Care to share your long entry point?
Three places to buy. Number 1 has happened already at 75k. We have number 2 and 3 left. Refer to the yellow circle.

Re: Crypto Currency Investors Thread by armadeo(m): 8:48pm On Feb 01
Why is that you buy a token say at 0.5 for example when btc is 80k.

Btc goes to 90k and your token is now say 0.6.

Btc goes back to 80k and your token lands at 0.35. To 0.4


That's unfair. Lol
Re: Crypto Currency Investors Thread by Verbtips(m): 9:16pm On Feb 01
Btc heading to 66k,
Btc is gradually losing momentum 😳.
Re: Crypto Currency Investors Thread by webizone(m): 12:15am On Feb 02
LincolnOnyeabor:
You can use Deriv platform. I would have dropped link but antispam bot fit ban me. Message my mail let me give you the link.

I'm particularly trading their other Synthetics Instruments No noise, no news, just pure technical analysis!

Trying to grow this small $10 accounts to something major.
Does Deriv trade crypto pairs? I haven't seen it.
Re: Crypto Currency Investors Thread by webizone(m): 12:16am On Feb 02
Beeron:
some people have other options but I use Binance and Bybit.
I tried opening Binance but it doesn't seem to open. Is it geo-blocked in Nigeria or something?
Re: Crypto Currency Investors Thread by Mentholated: 12:24am On Feb 02
webizone:
I tried opening Binance but it doesn't seem to open. Is it geo-blocked in Nigeria or something?
Use the app
Re: Crypto Currency Investors Thread by LincolnOnyeabor: 12:25am On Feb 02
webizone:
Does Deriv trade crypto pairs? I haven't seen it.
Yeah they do. You have to add it to your watchlist. They trade even forex and commodities self
Re: Crypto Currency Investors Thread by Ballzproblem2: 12:39am On Feb 02
Buy dips not rips cool
Re: Crypto Currency Investors Thread by Kaczynski: 2:22am On Feb 02
Beeron:
some people have other options but I use Binance and Bybit.
Heavily dependent on KYC.
Re: Crypto Currency Investors Thread by seanwilliam(m): 7:27am On Feb 02
armadeo:
Why is that you buy a token say at 0.5 for example when btc is 80k.

Btc goes to 90k and your token is now say 0.6.

Btc goes back to 80k and your token lands at 0.35. To 0.4


That's unfair. Lol
now imagine what the token price will be if btc falls below 60k🤭
Re: Crypto Currency Investors Thread by yinkeys(m):
armadeo:
Why is that you buy a token say at 0.5 for example when btc is 80k.

Btc goes to 90k and your token is now say 0.6.

Btc goes back to 80k and your token lands at 0.35. To 0.4


That's unfair. Lol
Sheet coins are much more volatile, you can win big or lose everything trading it
I lost most of my money years ago to sheetcoins dipping
Oh well, losses are lessons & part of life
Technical analysis sometimes don’t mean much in some sheet coins trajectory
Coins like Shiba inu & Trump blew overnight by tweets from Elon Musk & Trump (Influencer Economy)
Bitcoin dominance also affects the entire crypto ecosystem
BTC is a long term investment or class asset that’s going to $1 million for 1
Even BNB is going to $10k long term
Never going to futures trade again until I’ve properly learnt advanced Technical analysis & trading skills properly
Re: Crypto Currency Investors Thread by OgogoroFreak(m): 8:08am On Feb 02
armadeo:
Why is that you buy a token say at 0.5 for example when btc is 80k.

Btc goes to 90k and your token is now say 0.6.

Btc goes back to 80k and your token lands at 0.35. To 0.4


That's unfair. Lol
it's because they are using your money to buy bitcoin
Re: Crypto Currency Investors Thread by Nobody: 9:15am On Feb 02
iLegendd:
Three places to buy. Number 1 has happened already at 75k. We have number 2 and 3 left. Refer to the yellow circle.
Thank you!
Re: Crypto Currency Investors Thread by twosquare(m): 9:53am On Feb 02
It has to do with your ISP. Most especially MTN I think. Remeber when they banned crypto and websites weren't opening then? I believe they forgot to remove the restrictions totally. It happens to me too if I want to go via website rather than app.
webizone:
I tried opening Binance but it doesn't seem to open. Is it geo-blocked in Nigeria or something?
Re: Crypto Currency Investors Thread by Kaczynski: 11:11am On Feb 02
twosquare:
It has to do with your ISP. Most especially MTN I think. Remeber when they banned crypto and websites weren't opening then? I believe they forgot to remove the restrictions totally. It happens to me too if I want to go via website rather than app.
Crypto is still restricted in Nigeria . Converting crypto to fiat is a hassle .
Re: Crypto Currency Investors Thread by doyin01: 11:15am On Feb 02
Kaczynski:
Crypto is still restricted in Nigeria . Converting crypto to fiat is a hassle .
Are you sure ??
Re: Crypto Currency Investors Thread by Jayce242: 12:35pm On Feb 02
yinkeys:
BTC is a long term investment or class asset that’s going to $1 million for 1
Even BNB is going to $10k long term
If ethereum don't buckle up, BNB will overtake ethereum to become number one altcoin. I don't know how they are doing it, but their price movement has been closely following that of btcee for sometime now.
Re: Crypto Currency Investors Thread by myonekobosay: 2:26pm On Feb 02
and silently, it begins.
Re: Crypto Currency Investors Thread by webizone(m): 2:45pm On Feb 02
twosquare:
It has to do with your ISP. Most especially MTN I think. Remeber when they banned crypto and websites weren't opening then? I believe they forgot to remove the restrictions totally. It happens to me too if I want to go via website rather than app.
Ok. Thanks.
Re: Crypto Currency Investors Thread by SmallDick99(m): 4:02pm On Feb 02
Don't buy until Bitcoin gets to 30k- 28k. That's the ultimate recommended price to start buying. Anything else is a wide gamble.
Re: Crypto Currency Investors Thread by maybet081: 4:19pm On Feb 02
SmallDick99:
Don't buy until Bitcoin gets to 30k- 28k. That's the ultimate recommended price to start buying. Anything else is a wide gamble.
Eziokwu?
Re: Crypto Currency Investors Thread by SmallDick99(m): 5:28pm On Feb 02
maybet081:
Eziokwu?
Nothing less
Re: Crypto Currency Investors Thread by Oluseun234: 5:29pm On Feb 02
Pls I want a newbie into P2P trading or anyone with first time experience to answer this:

How quickly will a newbie have his/her coins quickly sold and in good profits on P2P exchange platform?

Why I am asking is that YouTube tutorials advise that buyers buy from traders with solid transaction history to avoid being duped and knowing that crypto is highly volatile; if you put a price to sell your coins and you do not get a buyer for a week or more because you are a fresher, what then should you do?

What are the best avenues for freshers to have their coins safely sold and gain considerable profits but I want to know people's experiences/testimonies here during their early days of doing P2P trading.

Thanks
Re: Crypto Currency Investors Thread by Oluseun234: 5:51pm On Feb 02
SaintUlot:
To all rules, there are exceptions, exceptions doesn't mean it ll always be like that 90% of the time, so if you benefit from the exceptional situations, it doesn't mean, it is always like that 100% all the time. What i am talking about that Nigerians won't tell you how they are making their money with no strings attached, it's a common knowledge, you experience it everyday both offline and online, 90 - 95% of the time, that's how it's always.



So if you come across exceptional situations, once in a while, it doesn't negate that rule.
Reply: I totally agree with you
Re: Crypto Currency Investors Thread by yinkeys(m): 6:03pm On Feb 02
Jayce242:
If ethereum don't buckle up, BNB will overtake ethereum to become number one altcoin. I don't know how they are doing it, but their price movement has been closely following that of btcee for sometime now.
Ethereum transaction fees can be horrible
I had money in Ethereum for over 4 years, the price stayed the same so I sold it
If you ask me ETH won’t do well long term
Re: Crypto Currency Investors Thread by Jayce242:
yinkeys:
Ethereum transaction fees can be horrible
I had money in Ethereum for over 4 years, the price stayed the same so I sold it
If you ask me ETH won’t do well long term
Honestly Ethereum has really underperformed in the past few years. The momentum has really been slow for ethereum.
Re: Crypto Currency Investors Thread by Oluseun234: 6:17pm On Feb 02
SmallDick99:
Don't buy until Bitcoin gets to 30k- 28k. That's the ultimate recommended price to start buying. Anything else is a wide gamble.
Reply: are you being frank? So I can pass on this suggestion to a fresher who is looking to dive into the crypto world and pls if you have an answer for the profit net of P2P trading for starters. Do tell. Thanks 🙏
Re: Crypto Currency Investors Thread by Oluseun234: 6:19pm On Feb 02
Pls I want a newbie into P2P trading or anyone with first time experience to answer this:

How quickly will a newbie have his/her coins quickly sold and in good profits on P2P exchange platform?

Why I am asking is that YouTube tutorials advise that buyers buy from traders with solid transaction history to avoid being duped and knowing that crypto is highly volatile; if you put a price to sell your coins and you do not get a buyer for a week or more because you are a fresher, what then should you do?

What are the best avenues for freshers to have their coins safely sold and gain considerable profits but I want to know people's experiences/testimonies here during their early days of doing P2P trading.

Thanks
Re: Crypto Currency Investors Thread by Kaczynski: 6:58pm On Feb 02
Oluseun234:
Pls I want a newbie into P2P trading or anyone with first time experience to answer this:

How quickly will a newbie have his/her coins quickly sold and in good profits on P2P exchange platform?

Why I am asking is that YouTube tutorials advise that buyers buy from traders with solid transaction history to avoid being duped and knowing that crypto is highly volatile; if you put a price to sell your coins and you do not get a buyer for a week or more because you are a fresher, what then should you do?

What are the best avenues for freshers to have their coins safely sold and gain considerable profits but I want to know people's experiences/testimonies here during their early days of doing P2P trading.

Thanks
All depends on your reputation.
Re: Crypto Currency Investors Thread by Itzlinda(f): 7:36pm On Feb 02
armadeo:
Why is that you buy a token say at 0.5 for example when btc is 80k.

Btc goes to 90k and your token is now say 0.6.

Btc goes back to 80k and your token lands at 0.35. To 0.4


That's unfair. Lol
Because anything other than btc is a bad investment in crypto.
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