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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3374561 Views)
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Re: Crypto Currency Investors Thread by FlyHeight: 12:25pm On Jan 19, 2021 |
Sailor1: I agree with your POV on this Sailor... Eith hit its all time high today and would more than likely surpass expectations over the next couple weeks |
Re: Crypto Currency Investors Thread by FlyHeight: 12:28pm On Jan 19, 2021 |
Anowax: Again this all depends on what you mean by charges and if you know what you’re doing... I do not pay charges when I trade my coins on Luno, I actually only use Binance when I’m trading coins that aren’t available on Luno. Only charges I’ve ever paid or will ever continue to pay is my 200 withdrawal charge... I however hardly deposit using Luno, but when I do, my charges are btw 300-2k dependent on how much I’m loading... I don’t mind cuz I’m trading block |
Re: Crypto Currency Investors Thread by FlyHeight: 12:28pm On Jan 19, 2021 |
1 Like |
Re: Crypto Currency Investors Thread by FlyHeight: 12:33pm On Jan 19, 2021 |
Sailor1: I agree the liquidity is low but I love Luno cuz it allows me manipulate the price, if the highest order to buy is (pls allow me use Lt as ref cuz of minimal figures) 67,800 and the highest sell order is 70,000, and I have a lot of LT to dispose, all I have to do is set a buy order for a small amount at 68,400 & another for 69,600, the median price would move up on Luno to 69,500 or thereabout, allowing me to dispose of all I have at 69,800 or more. 1 Like |
Re: Crypto Currency Investors Thread by FlyHeight: 12:34pm On Jan 19, 2021 |
Sailor1: I agree I never hold micro caps beyond a day, I set a small target when I see an uprise and cash out immediately I reach it (typically 2%) although Dot did great for me recently as well as a few others |
Re: Crypto Currency Investors Thread by Sailor1: 12:36pm On Jan 19, 2021 |
FlyHeight:The fact that the market is calm and waiting for a break and also Eith is sucking up all other altys and even betece strengthens my conviction on this move. If it breaks it, then brother the party begins. I have been waiting for this for over a month 1 Like |
Re: Crypto Currency Investors Thread by FlyHeight: 12:37pm On Jan 19, 2021 |
Sailor1: True, but I think if one has the balls and the capital, they could easily cash in on the uprise in and out, more like a hit and run... 1 Like |
Re: Crypto Currency Investors Thread by FlyHeight: 12:41pm On Jan 19, 2021 |
Sailor1: I have real love for eith cuz I feel it’s a lot more secure based on volatility than betece . I probably have more faith in it than the latter |
Re: Crypto Currency Investors Thread by Sailor1: 12:41pm On Jan 19, 2021 |
FlyHeight: Yeah if you have the skill. I switched half of my dot profits into eith and once eith settles, I'd move some of my eith profits into link, ada and ren as those should follow ferociously. But most times, those who buy and hold outperform most traders in the long run 2 Likes |
Re: Crypto Currency Investors Thread by FlyHeight: 12:43pm On Jan 19, 2021 |
TheZebra: Before initiating withdrawals on Luno always verify your Acct at least to the second level, at the third level there’s no limits on withdrawals, and it’s almost immediate... I withdraw tens of Ms monthly and I’ve never been locked out 1 Like |
Re: Crypto Currency Investors Thread by Sailor1: 12:47pm On Jan 19, 2021 |
FlyHeight: People get carried away but betece but forget eith has outperformed it over the last year. I trade my alts to accumulate more eith and fiat 1 Like |
Re: Crypto Currency Investors Thread by FlyHeight: 12:49pm On Jan 19, 2021 |
Sailor1: Yes most of hold outperform day traders and that’s cuz most people who claim to be day traders do panic sales and buys... And trade based on hope, I used to hold heavily until 2018, I started day trading in 2018, and it’s worked a lot better than holding; but then again I’m naturally a gambler and a risk taker & I play poker... I prefer picking my 1-2% daily and whenever there’s a major uprising i grab as much as I can. I always keep my initial capital in an offline wallet though that enables me ensure i have savings and a back up plan. I’ve made a lot more of my day trading than of my holdings... then again I also have the time to monitor and the know how... When Mining was a thing, I mined but now it’s not profitable at all, so I stuck to day trading. There’s a racket at the banks that even allows you buy $ at 400 which allows me make close to 15% without even trading, hence why I don’t feel the Luno charges cuz they swap out $ at 481 |
Re: Crypto Currency Investors Thread by FlyHeight: 12:50pm On Jan 19, 2021 |
Sailor1: Following boss, you know your sh |
Re: Crypto Currency Investors Thread by Sailor1: 12:53pm On Jan 19, 2021 |
FlyHeight: if it works for you, stick to it. You're an old hand. Its the new folks who want to start with day trading I pity. If you must day trade, you must be sensible while having a heart of stone. What's this racket in the banks about? |
Re: Crypto Currency Investors Thread by FlyHeight: 12:55pm On Jan 19, 2021 |
chikay123: Boss, it’s not a group oh, I don’t even know how to teach, I was just sharing my own knowledge on how I trade. I simply trade the same way I trade my stocks, my mom was a stockbroker, so I understand a few fundamentals... I can share tips on when I go into the market and hop out, and why but my methods would only profit people with short term plans, hit and runs |
Re: Crypto Currency Investors Thread by FlyHeight: 1:01pm On Jan 19, 2021 |
Sailor1: A number of banks that still allow WU/MG transfers or Dorm accts (you’d have to be an Acct holder) and also sell at CBN rates * Trade Secret EDITTED!!! |
Re: Crypto Currency Investors Thread by FlyHeight: 1:03pm On Jan 19, 2021 |
xammax: Anytime boss, there’s enough fish in this sea for all... Knowledge should be free 1 Like 1 Share |
Re: Crypto Currency Investors Thread by FlyHeight: 1:06pm On Jan 19, 2021 |
DenreleDave: Was banned but back on here now, if you still have a question pls holla |
Re: Crypto Currency Investors Thread by FlyHeight: 1:07pm On Jan 19, 2021 |
solreb: Today would have generated at least a good 16-20% increase for you no? Sorry was banned for a while |
Re: Crypto Currency Investors Thread by billyG(m): 1:10pm On Jan 19, 2021 |
FlyHeight:Done,will it b profitable to trade NGN agst crypto or fiat? |
Re: Crypto Currency Investors Thread by FlyHeight: 1:13pm On Jan 19, 2021 |
jedisco: True, I lost a lot in the beginning before I was able to master it, but then I learnt how to cut my losses and make up for them. I however still hold quite a bunch of coins offline cuz I believe there’s a lot more for eith and b to come in the next 2 years |
Re: Crypto Currency Investors Thread by Sailor1: 1:15pm On Jan 19, 2021 |
FlyHeight: I don't get.. how do you buy at 390 from the bank. Usee to think those applying for such rates had to be for tavel or other purposes. Please throw more light |
Re: Crypto Currency Investors Thread by FlyHeight: 1:19pm On Jan 19, 2021 |
Re: Crypto Currency Investors Thread by Sailor1: 1:19pm On Jan 19, 2021 |
FlyHeight: Yeah, it takes a while.. I'm not suited for day trading... Not completely sold on this eith move. Alot of degenerate folks are trading with crazy high leverage. In such conditions, the market likes to flush them out.... A significant move usually happens when most are expecting a pullback... But then, its altyz season |
Re: Crypto Currency Investors Thread by FlyHeight: 1:21pm On Jan 19, 2021 |
Sailor1: True it does at some banks, but you know our country, ask the right person in the branch and they’d hook you up... How do you think most of the abokis get it, most of them hoard... I can’t mention the bank names on here cuz I intend to continue exploiting the loophole for a long time and everyone is on Nairaland... 2 Likes |
Re: Crypto Currency Investors Thread by billyG(m): 1:22pm On Jan 19, 2021 |
Sailor1:Will it b profitable to trade NGN agst any crypto or fiats? |
Re: Crypto Currency Investors Thread by FlyHeight: 1:28pm On Jan 19, 2021 |
ImpregnaTor: Depends on your goals... but in my opinion it’s never too late... Funny thing is I was buying beetc when it was still under $400 for stupid purposes that year, now look where it’s at, this that year wey I Dey talk na 2015 March oh, but thank GOD sha, I saw the light early after my first 2017 jonzing, my parents spent a lot on my education but I have never even written a resume before, I started cry while in second degree & I wish I took d funds & put in cry when my mother asked me if I wanted the funds for business or school. But my annual income since 2018 has been at least 80m a year... no cap... 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by FlyHeight: 1:30pm On Jan 19, 2021 |
BabaGrinz: True |
Re: Crypto Currency Investors Thread by FlyHeight: 1:30pm On Jan 19, 2021 |
BabaGrinz: Beginners aren’t recommended to try this except you know what you’re doing but if you got balls by all means |
Re: Crypto Currency Investors Thread by FlyHeight: 1:32pm On Jan 19, 2021 |
Coolx: Depends on your goals and capital, are they short term or long term, would you be buying low and selling at a set target and buy in again and hold? If yes I’d suggest Eith or Lite or even the Big Bee, again all depends on your goals and if you’d have time to monitor |
Re: Crypto Currency Investors Thread by Kay005: 1:32pm On Jan 19, 2021 |
@FlyHeight, sailor and other bosses, I learnt that the last time eth reached 1,150 dollars / 1 eth was January 2018 and now presently it is approaching 1,500 dollars/ 1 eth. My question is what amount will eth hits the new all time high this time around? |
Re: Crypto Currency Investors Thread by FlyHeight: 1:33pm On Jan 19, 2021 |
nittly: For the sake of all the guys asking for my number, I’d drop my alternate number but please I do not teach, I can explain one or two things but I don’t know how to teach nor do I have the time to do so... I can however give one or two pointers... I do not take calls either... 1 Like |
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