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Crypto Currency Investors Thread - Investment (51) - Nairaland

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Re: Crypto Currency Investors Thread by FlyHeight: 8:48am On Jan 30, 2021
Ojemedad:
I'm taking a close look at waxing strong despite the problem

I’m counting on it making a new ATH once they begin settlement talks
Re: Crypto Currency Investors Thread by FlyHeight: 8:51am On Jan 30, 2021
jedisco:



Lets forget doge... It's going back to where it started from..folks have taken profits and dumped their bags... The market has moved....

I knew it wasn’t going to last longer than a day or two lol, thank Goodness I trusted my instincts to dump once it was noon
Re: Crypto Currency Investors Thread by FlyHeight: 8:59am On Jan 30, 2021
kolagbemi:


Golden advice.... I've not been myself today. I've always been a fan of Eth, I was actually making Eth my savings account.... yesterday I emptied it to Doge and this happens. Just that I don't want to go in when it's high again.

Thank you. I've spent my day doing Revenge trading and kept going deeper and deeper.

Guyz, learn oooo.

You see, the truth is if you’re relatively new to this, it’s best not to attempt to get into multiple qoins especially the ones that do over 20% in a day, they are just like ponzi schemes, it’s the first set of people in that cash out, the last set always get burnt. Yesterday I said on here that I felt impending doom cuz when u have people who trade stocks for a living attempting to trade cryp they will do a huge number on the market, companies worth billions have lost their entire market value in hours on the stock market, these were the same folks that drove the doge price up cuz of their propaganda & it was only a matter of time. If you want to hop on a bandwagon such as that, set a target, if I bought at 0.05, I want to sell at 0.07, don’t sit on it to see if it will continue going up, remember you already made profit.

I don’t sit on anything except eithy, big B and Xr. Whenever I want to play I convert my holdings to whatever I’m playing with and take my small profit and revert back. 20% profit in one day is extremely good for me. Much less being able to do close to 100% in hours. But safety beats greed. I almost chose to stay in doge but I knew doom was pending

4 Likes 2 Shares

Re: Crypto Currency Investors Thread by FlyHeight: 9:06am On Jan 30, 2021
I noticed this too, people seem to think it’s quick money, it could be but like they say easy come easy go...
They have to understand the basics before even attempting these trades. I also noticed people ask for longterm and expect short term results... I can categorically say that if most people on this thread took the advise you and a number of us have given about sticking to ethy, they would have averaged at least 10% a week by now. In my own opinion 10% isn’t bad. On an average day I make just close to 2% most times a little less, some days it’s immensely more. But I already had my phase where I got burnt unnecessarily trying stuff. Now I know from my experience that I can’t lose holding eithy and big b, like I said I bough Big B at 10k when people were saying it’s too expensive, at the time I felt a little stupid cuz I spent tens of thousands buying, but my bro, by Dec, I was smiling like a roasted goat... if anyone on here bought at over 30k, my advise is hold. It won’t be long, see it as a piggy bank; my entire net worth is in cryp not cash, that’s how much as I trust the process. Hoping from one qoin to the other will simply increase the losses


jedisco:
I'm not happy the way some people view this space.
It's not quick money. You take it that way, you get burnt.

There's a reason I advised new folks to keep off day trading. By the time you understand what you're doing, half of your portfolio is gone.
If you've not witnessed a proper bear market and traded it successfully, you have no business day trading.

We're in a bullrun and new folks are rushing in with their money. It's very easy to say how 95% of new folks in this space will react to PA. We were all new once.
This market does not reward the obvious. To profit, you have to seek opportunities before they become obvious. When they become obvious, you focus on where to take profits. Alot of folks made tremendous money on doge yesterday. That profit did not fall from the sky. It came from inexperienced folks who bought their bags at high prices and are now stuck.

The market shows no mercy. Never forget that.
I keep mentioning betece and eith here but newer folks think they're boring and are more interested in 'shiny' stuff despite the fact we all know betece and eith will outperform those by far in the long run.
Have you ever asked yourself where the profits made in smaller caps come from?
When they pump, it usually signifies a turn in the market either back to betece or fiat. 1000 betece can easily pump most small caps... When it starts pumping, newbies run in and are dumped on.

A month ago, most people chasing alts now would have been buying betece at 40k and screaming alts are dead. This market does not reward the obvious

1 Like 1 Share

Re: Crypto Currency Investors Thread by FlyHeight: 9:06am On Jan 30, 2021
bradwilli:
I sold my Ethy too early yesterday now see the cony dey shoot up

Bradwilli but why?! Haven’t you lost enough, thought u decided to sit on it

1 Like

Re: Crypto Currency Investors Thread by FlyHeight: 9:51am On Jan 30, 2021
Reddit says they not done with Doge yet so I’m gonna see what’s happening, it’s low so might buy me a bit and test the waters, chances are I might lose it, but whatever the outcome; I’d let y’all know latest by Tuesday. I’m going to really gamble with it.

1 Like

Re: Crypto Currency Investors Thread by JayromWrites: 9:58am On Jan 30, 2021
FlyHeight:
Reddit says they not done with Doge yet so I’m gonna see what’s happening, it’s low so might buy me a bit and test the waters, chances are I might lose it, but whatever the outcome; I’d let y’all know latest by Tuesday. I’m going to really gamble with it.

on which trading platform can I buy it!?
Re: Crypto Currency Investors Thread by FlyHeight: 10:04am On Jan 30, 2021
If 2020 taught me anything it was that the cryp market never sleeps and thrives greatly even in pandemics and the worst situations where even national economies couldn’t survive. If not for cryp the world would have seriously stood still last year... That being said; I’m ready for 40k Big B, 2k Eith, 0.4 Rip and a decent 0.1 Doge ...

That also being said only gamble what you can afford to lose... Truth is; I can’t afford to lose what I’m personally gambling but I’m willing to do so anyway cuz it’s served me well in the past & I can’t possibly lose everything; I’m expecting to take hits with doge, perhaps rip too but 85% of my entire portfolio is in Big B & Eithy... 10% in rip, and thanks to Reddit, 5% in doge... Holding B & E... Can’t seem to take my eyes off Rip & Doge doe; I have alerts set on Reddi & krak

1 Like 1 Share

Re: Crypto Currency Investors Thread by MaziHarri: 10:08am On Jan 30, 2021
Hello guys please help out, I no longer see the PNL % on Spot when I trade on binance. What could be the issue. See image for better understanding.

Re: Crypto Currency Investors Thread by Ronin1: 11:04am On Jan 30, 2021
luvlyoracle:
Boss.
Good morning.
What's your take on TWT... Trust wallet token

I'm a day/swing trader apprentice sir, so I'm not qualified to give investment advices. Also, I generally don't trade newly listed coins/tokens
Re: Crypto Currency Investors Thread by Brigance(m): 11:04am On Jan 30, 2021
Xrp is steady moving. Keep a close watch.
Re: Crypto Currency Investors Thread by rexericx(m): 11:11am On Jan 30, 2021
Anowax:
Please what could be the reason for failed transaction I get whenever I want to buy coins (BTC, ETH, XRP etc) on Binance. I use my Stanbic IBTC Master debit card. I get the OTP and after filling it I get failed. Please someone should help me. I have been trying this for couple of days now to no avail. Meanwhile my account is verified.

Anyone with an idea as to what could be the cause should help me


Bro have you been able to use card to purchase?
Re: Crypto Currency Investors Thread by Nobody: 11:12am On Jan 30, 2021
FlyHeight:


Bradwilli but why?! Haven’t you lost enough, thought u decided to sit on it
how can you stop when you lost. 1 day there will be a super win. I am all in. I know what crypto can make me. Lol, thanks for this touching comment
Re: Crypto Currency Investors Thread by SenecaTheYonger: 11:22am On Jan 30, 2021
Abet who dey sell ETH? At least make I no Dey left behind for this cryto thing
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 11:25am On Jan 30, 2021
rexericx:



Bro have you been able to use card to purchase?

By nance & Qoin base were having withdrawals and funding issues yesterday, Qoin base seems fine now, not sure bout by nance
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 11:26am On Jan 30, 2021
SenecaTheYonger:
Abet who dey sell EIthy? At least make I no Dey left behind for this cryt thing

Download Lno or By nance and buy straight off the x change it’s cheaper and guarantees you won’t get scammed

1 Like

Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 11:28am On Jan 30, 2021
bradwilli:
how can you stop when you lost. 1 day there will be a super win. I am all in. I know what cryt can make me. Lol, thanks for this touching comment

Most definitely boss...

1 Like

Re: Crypto Currency Investors Thread by SenecaTheYonger: 11:29am On Jan 30, 2021
TheEnlightenedO:


Download Lno or By nance and buy straight off the x change it’s cheaper and guarantees you won’t get scammed

Oh Nigerians can now buy? That’s good. Been long I did anything involving crypto cheesy.


How many days will it take before they credit me
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 11:30am On Jan 30, 2021
SenecaTheYonger:


Oh Nigerians can now buy? That’s good. Been long I did anything involving cryp cheesy.


How many days will it take before they credit me

Boss, what planet have you been living on? Jkz we’ve been able to buy cryp since 2014... you get credited in 2 secs

2 Likes

Re: Crypto Currency Investors Thread by SenecaTheYonger: 11:36am On Jan 30, 2021
TheEnlightenedO:


Boss, what planet have you been living on? Jkz we’ve been able to buy cryp since 2014... you get credited in 2 secs

For real? Damn. I just used to buy from NL sellers. But this is good.
Re: Crypto Currency Investors Thread by Brigance(m): 11:43am On Jan 30, 2021
Brigance:
Xrp is steady moving. Keep a close watch.


Done 10% since I posted this.

1 Like

Re: Crypto Currency Investors Thread by jidobaba(m): 11:50am On Jan 30, 2021
FlyHeight:
Reddit says they not done with Doge yet so I’m gonna see what’s happening, it’s low so might buy me a bit and test the waters, chances are I might lose it, but whatever the outcome; I’d let y’all know latest by Tuesday. I’m going to really gamble with it.
To the moon.
Re: Crypto Currency Investors Thread by SenecaTheYonger: 11:57am On Jan 30, 2021
TheEnlightenedO:


Download Lno or By nance and buy straight off the x change it’s cheaper and guarantees you won’t get scammed

Damn, they need BVN and NIM. I don't remember my BVN and don't have NIM. damn. Do you know any legit seller?
Re: Crypto Currency Investors Thread by rexericx(m): 12:16pm On Jan 30, 2021
Houston17:
Please house, I got BTC for 40k over night via card on Binance. I was charged 400 for charges but when I got alert from my bank and I noticed I was charged 47279. Can anyone explain to me the excess charges?

Which bank card did you use on binance?
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 12:18pm On Jan 30, 2021
SenecaTheYonger:


Damn, they need BVN and NIM. I don't remember my BVN and don't have NIM. damn. Do you know any legit seller?

Wow, the truth is you can buy from some legit sellers on pax ful * but if I may ask, do you intend to buy for trading, if yes you’d need to have one of those x change accts to be able to do so, cuz how else would u liquidate swiftly

1 Like

Re: Crypto Currency Investors Thread by Ojemedad: 12:21pm On Jan 30, 2021
More investors

Re: Crypto Currency Investors Thread by Houston17(m): 12:21pm On Jan 30, 2021
rexericx:


Which bank card did you use on binance?

Used GTB. But I don't think that's advisable. I have started using my barter flutter wave account to do bank transfer for 150 naira. Barter won't charge you for the transfer but Fiat will charge you 150 naira irrespective of what amount you're transferring.
Nb:you can also do bank transfer from your normal account to them, I'm just trying to run away from normal bank charges as well.
Now having done that, go to trade, and type NGN, you'll see some currency that's paired with naira, go with USDT or BUSD so that you can exchange the money to any of the two and go buy whatever coin you want to.

Pardon my grammar.


Jedisco, TheEnlightenedO, and FlyHeight can be of help too

3 Likes 1 Share

Re: Crypto Currency Investors Thread by kolagbemi(m): 12:27pm On Jan 30, 2021
jedisco:


You should raise your stop limit as price goes up or sell when your targets are hit or when the market is overheated

Thank you.

For new biees like me, can we begin to get more insight henceforth by understanding few concepts.

I'm trying to understand the below concepts under Technical analysis.

Reading Candlestick charts.
Reading Candlestick wicks.
Understanding and using trend lines.
Understanding Support and Resistance Levels.
Understanding Trading Volumes.
Understanding Market Caps.
Understanding Relative Strength Index.
Understanding Moving Averages.

Recommendation of YouTube videos or channels will be appreciated.

2 Likes

Re: Crypto Currency Investors Thread by Nobody: 12:28pm On Jan 30, 2021
TheEnlightenedO:


Most definitely boss...
i have decided to quit now. I just lost 155k trying to use Market limit to sell Xrp. Maybe i did not input the price properly. I quit. Leaving this thread. Someone bought it before i could realise my mistake. Wish you all good luck. I will come here once in a while to see the progress
Re: Crypto Currency Investors Thread by SenecaTheYonger: 12:31pm On Jan 30, 2021
TheEnlightenedO:


Wow, the truth is you can buy from some legit sellers on pax ful * but if I may ask, do you intend to buy for trading, if yes you’d need to have one of those x change accts to be able to do so, cuz how else would u liquidate swiftly

Yeah, I have MetaMask I can send the ETH there and buy what I want to. I'm trying to buy an unpopular underground coin lol.

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