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Crypto Currency Investors Thread - Investment (37) - Nairaland

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Re: Crypto Currency Investors Thread by FlyHeight: 10:03am On Jan 27, 2021
cuteboy2:


How did they resolve the SEC legal case. More details needed please

Not yet but the SEC settles 95% of the time; they impose a fine and agree on a compromise. It’s dispute is whether it’s a cryp or a security. However even if they rule that it’s a security or not; it simply won’t be traded on US xchanges, might cause a temporary dip in prices but it will not run them to the ground. They already have major deals with over 200 banks across the globe & their tech is used for Money grm; d US market won’t make too much of a difference

3 Likes

Re: Crypto Currency Investors Thread by condomuser: 10:06am On Jan 27, 2021
Important Question

Is it cheaper buying coins from Binance directly or buying from the market of individual sellers?

1 Like

Re: Crypto Currency Investors Thread by FlyHeight: 10:32am On Jan 27, 2021
condomuser:
Important Question


I have never bought on that site. I only buy frm Lno & Qoin base. I stated a while back that cuz of their ‘proneness’ to being ha c ked, I never input my bank info on b nance. I only move my qoins from my offline wallet to the x change whenever I want to do trds with dot or any other qoins they offer.

That being said; it’s best and cheapest to buy ur qoins straight off the x change. Nt from a 3rd party xcept they r Omo Boiz who want to sell at a cheaper rate & u know them.

Qoin base charges almost 150 dllrs to buy 10k worth of qoins.

Lno charges 300 n to buy 4 times that amount in na ira
Re: Crypto Currency Investors Thread by NairalandNurse(m): 10:50am On Jan 27, 2021
I have some BeTeC i want to sell whenever the price of BeTeC gets to $34k, can i place order on luuno indicating i want to sell whenever price rises to $34k? so that even when i dnt notice the rise, the trade would be executed automatically.
i dnt usually chek my wallet always and so i dnt knw when price rises. PLEASE HELP
Re: Crypto Currency Investors Thread by FlyHeight: 11:08am On Jan 27, 2021
NairalandNurse:
I have some BeTeC i want to sell whenever the price of BeTeC gets to $34k, can i place order on luuno indicating i want to sell whenever price rises to $34k? so that even when i dnt notice the rise, the trade would be executed automatically.
i dnt usually chek my wallet always and so i dnt knw when price rises. PLEASE HELP

Definitely but be prepared to wait a while for it to get sold cuz we are a little far from that price currently. However if you’re aiming for 34, why not aim for higher, cuz at this 31k range it’s at now, anything that makes it go up would keep it going up till it’s near or past 40k. Biden should release these checks please
Re: Crypto Currency Investors Thread by NairalandNurse(m): 11:12am On Jan 27, 2021
FlyHeight:


Definitely but be prepared to wait a while for it to get sold cuz we are a little far from that price currently. However if you’re aiming for 34, why not aim for higher, cuz at this 31k range it’s at now, anything that makes it go up would keep it going up till it’s near or past 40k. Biden should release these checks please
Thanks
I need the money to purchase a phone so i dnt think i can wait for anything more than 34.
I have lost some of my money and i want to withdraw the rest whenever price gets to 34. Thanks 4 replying me

1 Like

Re: Crypto Currency Investors Thread by FlyHeight: 11:15am On Jan 27, 2021
NairalandNurse:

Thanks
I need the money to purchase a phone so i dnt think i can wait for anything more than 34.
I have lost some of my money and i want to withdraw the rest whenever price gets to 34. Thanks 4 replying me

No worries boss, we all here for each other * All the best

1 Like

Re: Crypto Currency Investors Thread by elmas(m): 11:20am On Jan 27, 2021
FlyHeight:


Yes it is, however I wouldn’t day trd with ethy right now, would rather sit on it as it’s hit its Ath twice in just over a week. Which is a really good sign in my opinion cuz I don’t think it’s done yet

Please what should be its strategy?
Re: Crypto Currency Investors Thread by arejibadz(m): 11:20am On Jan 27, 2021
Traders that use binance do you earn your currency in dollars
Re: Crypto Currency Investors Thread by FlyHeight: 12:58pm On Jan 27, 2021
elmas:


Please what should be its strategy?

It all depends on your personal goals or targets. I am counting on it doing 2k this Feb, but bear in mind; I’m not a financial advisor, I’m simply stating what I’m staking my personal funds on. But my personal goals are more long term. I am counting on it hitting 2k btw Feb/early March at the latest Inshallah. And 5k by next year. I’ve been with it since it was about 170 (70k na ira) & I’m not going anywhere till it’s past 3,500. Tbh I’m willing to crash all the way down to with it, already made my initial cap and plenty of profit to experiment and die there with
Re: Crypto Currency Investors Thread by condomuser: 1:05pm On Jan 27, 2021
B.i.tc.oin hits - $30,695
E.t.her hits - $1250
Re: Crypto Currency Investors Thread by Ronin1: 1:07pm On Jan 27, 2021
arejibadz:
Traders that use binance do you earn your currency in dollars

Yes if you trade usdt, usdc, busd or any usd stablecoin pair
Re: Crypto Currency Investors Thread by Ronin1: 1:14pm On Jan 27, 2021
Enyinne:
You bought high, 615000 should hv been better as it was sold for yesterday

It's always easy to quote numbers in hindsight. Ultimately you should be aiming to buy close to support with a stop-loss in place...

1 Like

Re: Crypto Currency Investors Thread by TheZebra: 2:04pm On Jan 27, 2021
condomuser:
B.i.tc.oin hits - $30,695
E.t.her hits - $1250
I'm 100% sure eith will start it's party immediately it hits the next ath. I'm aiming to take profits when it doubles to 2,800
Re: Crypto Currency Investors Thread by DenreleDave(m): 2:08pm On Jan 27, 2021
TheZebra:

I'm 100% sure eith will start it's party immediately it hits the next ath. I'm aiming to take profits when it doubles to 2,800

Pls explain the bolded
Re: Crypto Currency Investors Thread by DenreleDave(m): 2:22pm On Jan 27, 2021
FlyHeight jedisco TheEnlightenedO condomuser


A frnd of mine bought eth for 40k... He realized his gain to 50k that is profit margin of 10k but it fell down again.... Now he is currently at 29k plus... That means he has lost about 11k of his deposit.....

What should he do? Should he just leave it or pull out

Pls others shud help with this too

1 Like

Re: Crypto Currency Investors Thread by condomuser: 2:28pm On Jan 27, 2021
Your friend could start observing the price, he will sell at a profit if he watch the market closely for the next two to three weeks.

DenreleDave:
FlyHeight jedisco TheEnlightenedO condomuser


A frnd of mine bought eth for 40k... He realized his gain to 50k that is profit margin of 10k but it fell down again.... Now he is currently at 29k plus... That means he has lost about 11k of his deposit.....

What should he do? Should he just leave it or pull out

Pls others shud help with this too
Re: Crypto Currency Investors Thread by DenreleDave(m): 2:30pm On Jan 27, 2021
condomuser:
Your friend could start observing the price, he will sell t a profit if he watch the market closely for the next two weeks.



Sorry I don't get... Shud he sell it or still leave it?

Coz 11k loss from capital no be small money.....

What are u suggesting?

He shud leave or sell it now and later buy it when it is coming back up??

Thanks for ur reply in addy
Re: Crypto Currency Investors Thread by biokuabdullahi(m): 2:33pm On Jan 27, 2021
FlyHeight:


Kindly elaborate
This coin did 420% last night

Re: Crypto Currency Investors Thread by FlyHeight: 2:37pm On Jan 27, 2021
DenreleDave:



Sorry I don't get... Shud he sell it or still leave it?

Coz 11k loss from capital no be small money.....

What are u suggesting?

He shud leave or sell it now and later buy it when it is coming back up??

Thanks for ur reply in addy

Since it’s eith, he can be confident he would make his money back and sell at a profit in a few weeks, make him chill.

He need not panic, it might look like a lot but it will be made back. Take me for example, I bought 10 Big B at 15.4m yesterday, it’s at 14.95 right now, feel free to do the math of how much in the negative I currently am. But I’m not phased, it’d be back past where it should be. Na to hoard remain, and it’s not even all my personal money but we know we are in for the long term.

2 Likes

Re: Crypto Currency Investors Thread by FlyHeight: 2:39pm On Jan 27, 2021
biokuabdullahi:

This coin did 420% last night

How has it done in the days, weeks, months and last 2 years
Re: Crypto Currency Investors Thread by DenreleDave(m): 2:40pm On Jan 27, 2021
FlyHeight:


Since it’s eith, he can be confident he would make his money back and sell at a profit in a few weeks, make him chill.

He need not panic, it might look like a lot but it will be made back. Take me for example, I bought 10 Big B at 15.4m yesterday, it’s at 14.95 right now, feel free to do the math of how much in the negative I currently am. But I’m not phased, it’d be back past where it should be. Na to hoard remain, and it’s not even all my personal money but we know we are in for the long term.

Okay.. But he has moved the fund to betece now..


Hope he can' still leave it and hope betece rise well??
Re: Crypto Currency Investors Thread by FlyHeight: 2:41pm On Jan 27, 2021
DenreleDave:


Okay.. But he has moved the fund to betece now..


Hope he can' still leave it and hope betece rise well??

Your man just moved from frying pan to fire

1 Like

Re: Crypto Currency Investors Thread by DenreleDave(m): 2:41pm On Jan 27, 2021
FlyHeight:


Your man just moved from frying pan to fire
. So u think he shud move the fund back to eth?? Or what do u suggest sir??
Re: Crypto Currency Investors Thread by FlyHeight: 2:42pm On Jan 27, 2021
DenreleDave:


Okay.. But he has moved the fund to betece now..


Hope he can' still leave it and hope betece rise well??

When I saw uncle B flopping, I went all into Eith, cuz I like my chances with Eith better than with B. I’m all in with Eith currrntly
Re: Crypto Currency Investors Thread by DenreleDave(m): 2:42pm On Jan 27, 2021
FlyHeight:


When I saw uncle B flopping, I went all into Eith, cuz I like my chances with Eith better than with B. I’m all in with Eith currrntly

OK
Re: Crypto Currency Investors Thread by FlyHeight: 2:43pm On Jan 27, 2021
DenreleDave:
. So u think he shud move the fund back to eth?? Or what do u suggest sir??

I believe Eith has better prospects, but let’s hear what others also think

1 Like

Re: Crypto Currency Investors Thread by cuteboy2: 2:43pm On Jan 27, 2021
FlyHeight:



And this was just one of their experiences... A number have happened under the table that they were able to do damage control for
Do they refund your money if their exchange gets hacked and your funds are stolen?
Re: Crypto Currency Investors Thread by DenreleDave(m): 2:44pm On Jan 27, 2021
FlyHeight:


I believe Eith has better prospects, but let’s hear what others also think

OK sir
Re: Crypto Currency Investors Thread by FlyHeight: 2:44pm On Jan 27, 2021
DenreleDave:


OK

It will also save him money to not keep changing from one qoin to the other, no need to panic, max you’d sit it out a few weeks... No business gives you cryp level profits... Not even the dope trade

3 Likes

Re: Crypto Currency Investors Thread by DenreleDave(m): 2:45pm On Jan 27, 2021
FlyHeight:


It will also save him money to not keep changing from one qoin to the other, no need to panic, max you’d sit it out a few weeks... No business gives you cryp level profits... Not even the dope trade

Aiit thanks.. Maybe I will tell him to move it back to eth since it has a better prospect

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