FlyHeight:


The difference btw ur limit and stop price is too much na... if you’re trying to sell right now why not sell at 134/135 or wait till 1/2 am to see where it’s at... Or if you get mind risk am thru till tomorrow morning
But sell using limit order only, don’t use stop limit for sales, you don’t have too many to sell so your order will be picked up just set your price right

For you to buy bitcoin using this limit or stop price, must you have money already deposited on binance?

Is trust wallet the same thing as the wallet that comes with binance App when u download it?

Hi , pls check ur inbox

FlyHeight:


Aii bet, thanks bro, will try to play with it over the next week, see what it’s looking like for me

This is not to shut anybody down. But let us try and stop this inbox or PM thing.

What is it you want to ask that is so secret in a faceless forum?

Let others benefit from your question and the answer the gurus give.

This place is rich in information let us contribute our quota by not taking things to PM so that we can all benefit.

FlyHeight:

Should appear like this boss

Thanks bro, I have seen it.

kings11ng:

How do you convert naira to dollars on binance

Not dollars but a stable coin pegged to the dollar. I.e whose value is equal to the dollar and does not fluctuate unnecessarily
Examples are (take the space away)
Usd t
Bus d
Usd c
Dai
Pax.

The most used is the first
To buy, load fiat to your account. Search on the market tab using ngn. You'd see all coins you can trade directly with the naira. Select the stable coyn pairing you want and purchase.

Enyinne:
Hi , pls check ur inbox

Done Madam

kings11ng:
I simulated buying 50k worth of bitcoin using bank card and bank deposit and I found out that you get more BTC when u try to buy with bank card.. Can anyone explain why it is so?

Why not just deposit the NGN and buy at whatever price you want then, you can hold NGN on Binance

kings11ng:

Yes you need to have fi at on any x change you’re on if you’re trying to do limit orders. What most people have been doing have been direct/instant buys

Ronin1:


Why not just deposit the NGN and buy at whatever price you want then, you can hold NGN on Binance

Exactly

kings11ng:
I simulated buying 50k worth of bitcoin using bank card and bank deposit and I found out that you get more BTC when u try to buy with bank card.. Can anyone explain why it is so?

You're making a simple process very confusing.

This way you're using is the lay mans way of buying and I guess you'd pay a premium on both. Seems it's on the lite version which simplifies the whole process of placing bids for newbies. What you're doing is like going to a market, and giving someone your list (binance here) to buy your items for you.

The price of betece is not fixed and fluctuates second to second. To get the real price, search the ngn/btz pair and you'd see the current market price at that point (like I said, this price is not fixed but an equilibrium between buyers and sellers across all currencies, across all exchanges all over the world).
The market price you see on the ngn pair is the cheapest youd get it on binance at that point in time.

To add, binance is an exchange like a market place. So if you're not happy with the current price or you think the price would drop further, you can place your bids lower. When you go there, you'd see alot of bids placed above and below the market price.

I hope this settles your query

This is my Whatsapp number sir....
Please add me too
I'm a newbie in the world of crypto

TheEnlightenedO:


Anytime boss, I started small too, I just capitalised heavily on panic sales... If you PM and your WhatsApp I can add you up and give you tips on when to possibly buy in and dump, I don’t teach classes or nothing, would just give a few helpful tips I usually give my close friends...

Jerry59:
Limit order you mean

Yeah... But he should learn both limit and market.

Some exchanges don't have limit orders. On exchanges or pairs with low liquidity, I market sell most times once I see the order books aren't too thin

Hi guys.
I tried sending bitcoin from my luno to a Blockchain wallet but the transaction fee is so damn high. Is it the same rate if I'm to send from Blockchain to a luno wallet?

I'm new to this please.

ugohdignity111:
This is my Whatsapp number sir....
Please add me too
I'm a newbie in the world of crypto

I don’t have a group or nothing Boss, all the info is already on here, most of the guys that asked for the number didn’t even need to contact me again; this thread already has all we need to know and more... Even I learnt one or two things from here...

JAccksnow:
Hi guys.
I trio a lallet?

I'm new to this please.

Exactly what we were saying about different x changes charges high fees once they notice you’re sending to a rival. Try downloading Bi t pay and send there first see if the charges r minimal and then send from there to anywhere. U can choose the transaction speed thereby altering the fees on the app

jedisco:


You're making a simple process very confusing.

This way you're using is the lay mans way of buying and I guess you'd pay a premium on both. Seems it's on the lite version which simplifies the whole process of placing bids for newbies. What you're doing is like going to a market, and giving someone your list (binance here) to buy your items for you.

The price of betece is not fixed and fluctuates second to second. To get the real price, search the ngn/btz pair and you'd see the current market price at that point (like I said, this price is not fixed but an equilibrium between buyers and sellers across all currencies, across all exchanges all over the world).
The market price you see on the ngn pair is the cheapest youd get it on binance at that point in time.

To add, binance is an exchange like a market place. So if you're not happy with the current price or you think the price would drop further, you can place your bids lower. When you go there, you'd see alot of bids placed above and below the market price.

I hope this settles your query

I personally think most people should ask these questions first before they even venture into trying to t rd on these x changes else They would end up losing majority of their cap to fees

lastclaire4:
This is not to shut anybody down. But let us try and stop this inbox or PM thing.

What is it you want to ask that is so secret in a faceless forum?

Let others benefit from your question and the answer the gurus give.

This place is rich in information let us contribute our quota by not taking things to PM so that we can all benefit.

Some people have questions they might not want to put on the forum. And you’re absolutely right this thread has a ton of info, yet people keep making the exact same mistakes especially when it’s been discussed here

Abeg how do I avoid getting banned again for another three days. What words am I using wrong with this antispam bot. I no Dey advertise anything na

In this market, I love being in the right alts. I cannot overestimate the need to be in the right pairs and more importantly to time your entry.

Jerry59:
Spot on. I really don’t like TradingView on mobile.. tabtrader is the best have seen so far

Yeah... Quite clean... Just that I have my charts and indicators already saved on trading view

jedisco:
In this market, I love being in the right alts. I cannot overestimate the need to be in the right pairs and more importantly to time your entry.

The timing of your entry is everything

Hi...guru

Which coins can I buy now on binance for a long time hold...like 6month to 1year??

Thanks

Looking at PA on betece, It's been rejected from 34k and is currently testing 32k as support.
I'm looking at 2 options for the bullish case

1. A strong flip of the 32k level which should take it past 34k

2. A breakdown of the 32k level which should make it go down to test the lows at 30k once more or may even wick to as low as 27k before rebouncing. Giving folks another buying opportunity... If this comes, I'd advise folks to leverage in. There is strong demand below 30k. No one can time the bottom and the fact is soon enough, it may not matter if you bought at 30k or 26k

Either way, I'm watching and hoping to capitalise. I'm leaning more towards the second option but not expecting to deep a wick. I also expect altys to hold either way.

Other thoughts?

TheEnlightenedO:


Exactly what we were saying about different x changes charges high fees once they notice you’re sending to a rival. Try downloading Bi t pay and send there first see if the charges r minimal and then send from there to anywhere. U can choose the transaction speed thereby altering the fees on the app

Thanks. I'll do just that

Akinola2345:
Hi...guru

Which coins can I buy now on binance for a long time hold...like 6month to 1year??

Thanks

I'm not a guru. That's why I held on answering. But given we'd see more of these posts as the bullrun orogresses, I decided to chip in.

I'd give you my advice but you're the one to make the decision hence the responsibility is on you.

Let me ask you a question what percentage profit are you looking to make on your capital in the 6 month to 1yr period? That'd determine what advice I'd give

I want a long term investment... At %50-%100 return....if I put in 50k and could be able to realize 5ok profit... That is why I decide to go for a long time...
Thanks...

jedisco:


I'm not a guru. That's why I held on answering. But given we'd see more of these posts as the bullrun orogresses, I decided to chip in.

I'd give you my advice but you're the one to make the decision hence the responsibility is on you.

Let me ask you a question what percentage profit are you looking to make on your capital in the 6 month to 1yr period? That'd determine what advice I'd give

Akinola2345:
I want a long term investment... At %50-%100 return....if I put in 50k and could be able to realize 5ok profit... That is why I decide to go for a long time...
Thanks...

What if you put in 50k and after that time its worth 25k?

I'm asking cos alot of new guys see this area as a money spinner. It's not.

They say betece was 4k less than.a year ago and has done x10 since. If you had told then to buy at 4k, they wouldn't. Now it's 40k, everyone is looking to double their capital. There's a good chance folks will end up buying the heavy bags of those who bought earlier

Kp3r will do that for you. Buy when the market dips. Fair prrice target between 200 and 230. There is no point going long term unless you are tracking the road map of the project. Best option is to trade the market cycles, buy low and sell high. This goes against the average human psyche but its the best strategy in this bull Market.

Akinola2345:
I want a long term investment... At %50-%100 return....if I put in 50k and could be able to realize 5ok profit... That is why I decide to go for a long time...
Thanks...

jedisco:


What if you put in 50k and after that time its worth 25k?

I'm asking cos alot of new guys see this area as a money spinner. It's not.

They say betece was 4k less than.a year ago and has done x10 since. If you had told then to buy at 4k, they wouldn't. Now it's 40k, everyone is looking to double their capital. There's a good chance folks will end up buying the heavy bags of those who bought earlier

This is exactly what is killing people now... Same thing most did in 2017, trying to jump in at its peak, wait for it to have some reasonable balance and set targets (most important thing).

Many people said it was too expensive even at 9-10k in September less than 4 months ago but now it doesn’t even matter that it’s over 28k

jedisco:


What if you put in 50k and after that time its worth 25k?

I'm asking cos alot of new guys see this area as a money spinner. It's not.

They say betece was 4k less than.a year ago and has done x10 since. If you had told then to buy at 4k, they wouldn't. Now it's 40k, everyone is looking to double their capital. There's a good chance folks will end up buying the heavy bags of those who bought earlier

You never provide a solution to the question ask...you keep on quote....

Will all this you are saying provide a meaningful answer..

Akinola2345:


You never provide a solution to the question ask...you keep on quote....

Will all this you are saying provide a meaningful answer..

I'm sorry for not providing a meaningful answer.

TheEnlightenedO:



This is exactly what is killing people now... Same thing most did in 2017, trying to jump in at its peak, wait for it to have some reasonable balance and set targets (most important thing).

Many people said it was too expensive even at 9-10k in September less than 4 months ago but now it doesn’t even matter that it’s over 28k

It's human nature... A bull run always needs irrational greedy buyers who are aiming for the moon that would ultimately get burnt.
That's the fuel that drives a bubble.

That said, I believe there's still some upside left. More of such posts would flood here in the coming weeks