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Crypto Currency Investors Thread - Investment (70) - Nairaland

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Re: Crypto Currency Investors Thread by pushup: 3:31pm On Feb 01, 2021
Sailor1:


Welcome to the club of xrp bag holders... It's one of the prerequisites of being in crypt0

I entered xrp at 305. na we carry bag. was thinking it will hit 350 again

2 Likes

Re: Crypto Currency Investors Thread by Sailor1: 3:32pm On Feb 01, 2021
bradwilli:
Amen oo. I just put 150k for my binance. I like buy more xrp but i no see limit order. Can you guide me pls


Are you sure...
What you're doing is called 'adding to a loosing trade'. It's a recipe for regret and disaster. It's practically your emotions pushing you
Perhaps your thinking would be by the time the price bounces, you'd break even quicker... No be so oooo
Re: Crypto Currency Investors Thread by FocusedB1h(f): 3:35pm On Feb 01, 2021
Sailor1:



Hehe.... If you had persevered and learnt it, you'd come to love it.. If you can use it, you can use virtually any other platform
I’ll be going there as a visitor to learn how to navigate the platform but I won’t be putting any money there for now.
Re: Crypto Currency Investors Thread by kolagbemi(m): 3:36pm On Feb 01, 2021
bradwilli:
Amen oo. I just put ...k for my binance. I like buy more xrp but i no see limit order. Can you guide me pls

It's under trades.
Re: Crypto Currency Investors Thread by Sailor1: 3:36pm On Feb 01, 2021
FocusedB1h:

Yeah, It’s teaching me patience. I’ll wait till Jesus comes if that’s what it takes but I won’t sell below my buying price because of FOMO.

Good stuff... Can be risky but it's a practical way of teaching you to time your entries. Next tym, when you wan rush into a pump, you remember how long you held the last dump...

Another skill is knowing how to cut losses early do ypu dont follow wahala down.. in this case, I'd say it's not worth selling after this dump.... Lets see if the 0
36-0.4 area holds

1 Like

Re: Crypto Currency Investors Thread by Sailor1: 3:37pm On Feb 01, 2021
pushup:

I entered xrp at 305. na we carry bag. was thinking it will hit 350 again

grin
You happily carried a heavy bag....

2 Likes

Re: Crypto Currency Investors Thread by Nobody: 3:37pm On Feb 01, 2021
Sailor1:



Are you sure...
What you're doing is called 'adding to a loosing trade'. It's a recipe for regrets and disaster. It's practically your emotions pushing you
Perhaps your thinking would be by the time the price bounces, you'd break even quicker... No be so oooo
Xrpee will bounce back tonight.i am sure

2 Likes

Re: Crypto Currency Investors Thread by Nobody: 3:37pm On Feb 01, 2021
kolagbemi:


It's under trades.
thanks bro
Re: Crypto Currency Investors Thread by kolagbemi(m): 3:37pm On Feb 01, 2021
Sailor1:



Are you sure...
What you're doing is called 'adding to a loosing trade'. It's a recipe for regrets and disaster. It's practically your emotions pushing you
Perhaps your thinking would be by the time the price bounces, you'd break even quicker... No be so oooo

Boss is it still safe to enter xlm...my stop-loss exit me when it went to 0.30.
Re: Crypto Currency Investors Thread by condomuser: 3:38pm On Feb 01, 2021
Good day, is it the right time to buy the doggy abi doge coin- it's selling at N19 now?

Re: Crypto Currency Investors Thread by Sailor1: 3:40pm On Feb 01, 2021
bradwilli:
Xrpee will bounce back tonight.i am sure

It's likely to bounce at some stage... Problem is most folks are looking for an exit and full of regret.

In this space, exrp has done alot of people in and most have sworn never to touch it again. Those who boke that promise and rushed in will be full of regret and willing to sell into any pump even at a loss
Re: Crypto Currency Investors Thread by Nobody: 3:43pm On Feb 01, 2021
Sailor1:


It's likely to bounce at some stage... Problem is most folks are looking for an exit and full of regret.

In this space, exrp has done alot of people in and most have sworn never to touch it again. Those who boke that promise and rushed in will be full of regret and willing to sell into any pump even at a loss
well, i think i would put in 50% and see what happens.
Re: Crypto Currency Investors Thread by Sailor1: 3:50pm On Feb 01, 2021
kolagbemi:


Boss is it still safe to enter xlm...my stop-loss exit me when it went to 0.30.

Careful with stoploss esp when u dont sinpe a good entry...

It's difficult to say... It's really held well especially with xrp all over the place... This shows bullish momentum... But then exrp dosent look like its done dipping...also betece looks somehow...
I'm in it for a longer time nd my average entry was around 0.32... I'm only worried if betece dips otherwise, I know it'd bounce up in the coming days... If xrp dips further and it still holds this level, thrn thats reassuring.

I don't rush back into a trade after I've been stopped except im relatively sure...
Id say it all depends on how long you're willing to hold for... But either way, observe for a while b4 making a decision
Re: Crypto Currency Investors Thread by AbdulJabbar1: 3:51pm On Feb 01, 2021
dake40:


Most of the apps i use charge me upto 1.5% per transaction

How do you make 1% to %2 profit bro?

How do you sell? Try to sell using limit orders it’s free and it’s only a 0.1% charge using market value sell on Lno
Re: Crypto Currency Investors Thread by Sailor1: 3:51pm On Feb 01, 2021
bradwilli:
well, i think i would put in 50% and see what happens.

On exrp or xlm?
Re: Crypto Currency Investors Thread by Guapismo: 3:52pm On Feb 01, 2021
bradwilli:
Xrpee will bounce back tonight.i am sure
Why are you so sure?
Re: Crypto Currency Investors Thread by AbdulJabbar1: 3:53pm On Feb 01, 2021
bradwilli:
no wahala brother. I am been patient

No worries boss, also don’t always follow the trend, when you observe any upward movement on any qoin, look up its history and how strongly it held last time it performed how it’s performing. And when you notice the price is steady rising, if you didn’t get in early in the morning, or late at night, don’t jump in on it, this is what has helped me

2 Likes

Re: Crypto Currency Investors Thread by kolagbemi(m): 3:53pm On Feb 01, 2021
Sailor1:


Careful with stoploss esp when u dont sinpe a good entry...

It's difficult to say... It's really held well especially with xrp all over the place... This shows bullish momentum... But then exrp dosent look like its done dipping...also betece looks somehow...
I'm in it for a longer time nd my average entry was around 0.32... I'm only worried if betece dips otherwise, I know it'd bounce up in the coming days... If xrp dips further and it still holds this level, thrn thats reassuring.

I don't rush back into a trade after I've been stopped except im relatively sure...
Id say it all depends on how long you're willing to hold for... But either way, observe for a while b4 making a decision

Thank you

1 Like

Re: Crypto Currency Investors Thread by Nobody: 3:54pm On Feb 01, 2021
Sailor1:


On exrp or xlm?
50/50 on both. But i want to watch Xrpe before i invest anymore in there.Life na sense, i no come to dash crytp my money while i make none. Lol

2 Likes

Re: Crypto Currency Investors Thread by AlanPew: 3:55pm On Feb 01, 2021
I know what you're talking about. I'm a Kuna trader myself. One of the most honest foreign exchanges in my opinion. I also have income in bitcoin from another source. This is the income that I do not really want to talk about, so I use the bitcoin mixer.
Re: Crypto Currency Investors Thread by Nobody: 3:56pm On Feb 01, 2021
FocusedB1h:
XRP is crashing, i bought at 280angry and to see it at 178 is so heartbreaking. Anyways I will HODL. The moment it reaches 320-350 range, I’ll sell.

Learn to trade futures

Made 13kusd on the dip

2 Likes

Re: Crypto Currency Investors Thread by Nobody: 3:57pm On Feb 01, 2021
AbdulJabbar1:


No worries boss, also don’t always follow the trend, when you observe any upward movement on any qoin, look up its history and how strongly it held last time it performed how it’s performing. And when you notice the price is steady rising, if you didn’t get in early in the morning, or late at night, don’t jump in on it, this is what has helped me
i have decided to pause as i watch what comes next. I will follow your investment methods and buy what you guys buy.
Re: Crypto Currency Investors Thread by Nobody: 3:57pm On Feb 01, 2021
Guapismo:

Why are you so sure?
instincts chief
Re: Crypto Currency Investors Thread by AbdulJabbar1: 4:01pm On Feb 01, 2021
Rilwayne001:
Is it safe to buy XRP now?


I’m waiting for the zone I’m comfortable with which is my usual 130-140 range

3 Likes

Re: Crypto Currency Investors Thread by Sailor1: 4:04pm On Feb 01, 2021
kolagbemi:


Thank you

Don't worry, of it bottoms here, it should be obvious and form a good cluster.

Xrp is traditionally powerful above the 0.3 level.... As far as it remains above that level, it's a matter of time before it does people in again

2 Likes

Re: Crypto Currency Investors Thread by AbdulJabbar1: 4:06pm On Feb 01, 2021
Sailor1:



Are you sure...
What you're doing is called 'adding to a loosing trade'. It's a recipe for regret and disaster. It's practically your emotions pushing you
Perhaps your thinking would be by the time the price bounces, you'd break even quicker... No be so oooo

True bad idea bradwilli I would suggest holding what you already have since you can’t afford to liquidate at over 30% under, but except you are certain of what you’re doing id not suggest buying excess.
Re: Crypto Currency Investors Thread by Sailor1: 4:07pm On Feb 01, 2021
bradwilli:
50/50 on both. But i want to watch Xrpe before i invest anymore in there.Life na sense, i no come to dash crytp my money while i make none. Lol

Please I beg you don't do it...

You're buying 2 coins with xtremly similar xteristics which pump 2geda.... If not anything, look for another 2 or 3 such that on a good day, one of 2 may move and you can cycle profits
Re: Crypto Currency Investors Thread by Sailor1: 4:08pm On Feb 01, 2021
bradwilli:
50/50 on both. But i want to watch Xrpe before i invest anymore in there.Life na sense, i no come to dash crytp my money while i make none. Lol

bradwilli:
50/50 on both. But i want to watch Xrpe before i invest anymore in there.Life na sense, i no come to dash crytp my money while i make none. Lol

Please I beg you don't do it...

You're buying 2 coins with xtremly similar xteristics which pump 2geda.... If not anything, look for another 2 or 3 such that on a good day, one of 2 may move and you can cycle profits.

At least, you want a coin that moves steadily and respects levels

1 Like

Re: Crypto Currency Investors Thread by tammyboy1(m): 4:10pm On Feb 01, 2021
AbdulJabbar1:


Ma mannn 320 was it for me so that the crypt0 GODs don’t see me as being too greedy
220 I'm entering again, wow
Re: Crypto Currency Investors Thread by Sailor1: 4:11pm On Feb 01, 2021
bradwilli:
i have decided to pause as i watch what comes next. I will follow your investment methods and buy what you guys buy.

With time, look to take your own trades... It's the best way to succeed
Re: Crypto Currency Investors Thread by Jmandotcom: 4:11pm On Feb 01, 2021
I made 30% profit this morning and I'm happy with that. I just watched as rip went down like a lost erection. Anyways, the profit I made has arrived in my bank account. And now I've bought rip again at 210. I expect it to soar before the end of the day. Ice on my eyes, no dulling. I'm alert and ready to exit safely in case of further dip.

Sorry to those who were not lucky enough to exit market at the right time. We still meuvee.

2 Likes

Re: Crypto Currency Investors Thread by AbdulJabbar1: 4:11pm On Feb 01, 2021
Sailor1:


Good stuff... Can be risky but it's a practical way of teaching you to time your entries. Next tym, when you wan rush into a pump, you remember how long you held the last dump...

Another skill is knowing how to cut losses early do ypu dont follow wahala down.. in this case, I'd say it's not worth selling after this dump.... Lets see if the 0
36-0.4 area holds


Knowing when to cut losses is extremely important, if one sets a 2-5% under goal, for example if one bought at 300 & set that if this thing goes under 290 kperen I would consider liquidating, if you sell at even 285, you can either choose to let it dip further so you can renter at a lower price (preferably a lot less than where u liquidated at) if you believe it would rise close to that threshold you bought at again or you simply keep your fiat with minimal losses and wait to observe the market.

Another thing is, from my personal experience, for serious “I’m tryna gamble make me or break me trades” I only enter the market in the early mornings as a thing of principle and habit off the stock market, towards noon prices reach their peak and I dump, if it falls further and I’m interested I enter again...

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