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Crypto Currency Investors Thread - Investment (79) - Nairaland

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Re: Crypto Currency Investors Thread by Ojemedad: 11:17pm On Feb 02, 2021
Sailor1:


grin
It is doing you dirty.... Hehehe
What percentage of your portfolio is in xrp?

I understand bruv... It can be very annoying when on a green day, only your coyn is in red

25%, bought at 0.3825 , 183 naira

Dipped to 171, now 177
Re: Crypto Currency Investors Thread by LOquence: 11:31pm On Feb 02, 2021
Sailor1:


USD, BUSD, pax etc are pegged to the dollar and exchange at market price devoid of CBN manipulation. One of the reasons I trade into usdt except when I want to withdraw cos naira is always sliding down.

That said, it's live traded to the naira so sometimes, you can have wicks when someone market buys or sells in volume.


But finally, binance no be bank ooo... If you want to keep significant sums in usdt, then its better to get a private wallet... Also, remember that no one can access your funds without your pass incase of eventualities.
so which private wallet would you recommend to store usdt?

1 Like

Re: Crypto Currency Investors Thread by LOquence: 11:32pm On Feb 02, 2021
Ronin1:


Checkout "Technical Analysis Using Multiple Timeframes" by Brian Shannon. It's a book on stock trading but it pretty much applies to all financial instruments
tnx
Re: Crypto Currency Investors Thread by REUBEN010(m): 11:42pm On Feb 02, 2021
Sailor1:


grin
It is doing you dirty.... Hehehe
What percentage of your portfolio is in xrp?

I understand bruv... It can be very annoying when on a green day, only your coyn is in red

Hello Sir.
Please we will appreciate a signal as to the exit position for this eth run.
Re: Crypto Currency Investors Thread by Lordseyad(m): 11:48pm On Feb 02, 2021
Ronin1:


Deposited in the evening, was credited before I exited my bank app in approximately 5 secs
Using the same Rubbies MF?
Re: Crypto Currency Investors Thread by Kealmin(m): 12:03am On Feb 03, 2021
FOLLOWING CAREFULLY. TKZ OP FOR THIS GREAT THREAd

2 Likes

Re: Crypto Currency Investors Thread by Ronin1: 12:17am On Feb 03, 2021
Lordseyad:

Using the same Rubbies MF?

Providus, although I've never had trouble depositing to Rubies either, just crosscheck the details

1 Like

Re: Crypto Currency Investors Thread by Kealmin(m): 12:36am On Feb 03, 2021
Any signal
Re: Crypto Currency Investors Thread by Lordemperoris100(m): 12:47am On Feb 03, 2021
Abeg what should I do to this Ripples, $100 i invested has slashed to 59$ now. should I exit and count my loss?

I bought when it was 280
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 12:47am On Feb 03, 2021
Kealmin:
Any signal

Buy STMX on Binance. Set buy order for anything below 0.005

Set Sell order at 0.0075 - easy 50% by latest Friday 5th of February 2021.

3 Likes

Re: Crypto Currency Investors Thread by Jmandotcom: 1:35am On Feb 03, 2021
Wt... I assume you havent been following the conversations on this thread. Unless you wish to hold the coin for long, you should have cut your loss on time and dump it already. For example, I said it here that I bought at 210 monday evening and around night when it plummeted to 199, I sold and cut my losses in the process. I personally don't know what you should do right now because the truth is the big whales have picked their profits and dump the coin till another time perhaps. You could have jumped on Eith or b.tc with the remaining fund in your wallet and would have even recovered your losses.before end of yesterday cos both coins are currently moving up. My porfolios are currently in eith and btc, I withdrew from anything xrp since.

Lordemperoris100:
Abeg what should I do to this Ripples, $100 i invested has slashed to 59$ now. should I exit and count my loss?I bought when it was 280
Re: Crypto Currency Investors Thread by Ebowo(f): 1:49am On Feb 03, 2021
Ojemedad:
Xrp going down more, seems I will count my loss and move
no leave it, it will come up again, just leave it 4 some months

1 Like

Re: Crypto Currency Investors Thread by Jmandotcom: 1:50am On Feb 03, 2021
Noted boss man. Hope it gonna work?
OpenHeaven2019:


Buy STMX on Binance. Set buy order for anything below 0.005

Set Sell order at 0.0075 - easy 50% by latest Friday 5th of February 2021.
Re: Crypto Currency Investors Thread by Lordseyad(m): 1:58am On Feb 03, 2021
Ronin1:


Providus, although I've never had trouble depositing to Rubies either, just crosscheck the details
Deposited now. Had to try and retry to get 'em to gimme providus option. I guess they're having some ish with the Rubies.

Thanks.
Re: Crypto Currency Investors Thread by dottozil: 2:19am On Feb 03, 2021
Sysdatek:
cool

Getting the bag is a calling

Cheers to those who bought 1inch with me

Sent you a pm bro
Re: Crypto Currency Investors Thread by Tyche(m): 3:33am On Feb 03, 2021
LOquence:
Will usdt be always be pegged to a dollar? I am thinking of saving my money on it in binance .. Please help

Yes
Re: Crypto Currency Investors Thread by Ojemedad: 3:33am On Feb 03, 2021
Ebowo:

no leave it, it will come up again, just leave it 4 some months

Oh no no
Re: Crypto Currency Investors Thread by AbdulJabbar1: 3:58am On Feb 03, 2021
bradwilli:
i will hodl onto ltc. I need your advice oo. I got 2 bch for abt a month now. Its not doing well and i use Lu no. I want to sale but the charge is 2% which will cause me a loss. Then selling with limit order is free of fees but it can only be converted to btc and that looks like a loss to. Wetin man go do? Cc: abdul

Personally I’d take the chance and convert to betece and probably hop on either LTC or Eith, they are doing well

1 Like 1 Share

Re: Crypto Currency Investors Thread by AbdulJabbar1: 4:06am On Feb 03, 2021
Woke up to a nice 10% profit off the LTC I bought yesterday & My Beloved Eithy crossed it’s third Ath in 30 days... wild! My problem now is the unintentional greed that comes with... Got my last set of eithy at 640, had quite a bunch from the 580 region, abeg let me not be greedy, already set a sell order for 729,800 (11-12% isn’t bad for a 3 day wait)

2 Likes

Re: Crypto Currency Investors Thread by lovinhubby2wife(m): 4:08am On Feb 03, 2021
AbdulJabbar1:
Woke up to a nice 10% profit off the LTC I bought yesterday & My Beloved Eithy crossed it’s third Ath in 30 days... wild! My problem now is the unintentional greed that comes with... Got my last set of eithy at 640, had quite a bunch from the 580 region, abeg let me not be greedy, already set a sell order for 729,800 (11-12% isn’t bad for a 3 day wait)
do you trade small coins or your focus is on the guns

1 Like

Re: Crypto Currency Investors Thread by AbdulJabbar1: 4:11am On Feb 03, 2021
AbdulJabbar1:



You couldn’t have said it no better...

I’m favouriting Eith & LTC for this week, I still haven’t gotten much of a full understanding on Link...

It’s always best to split your portfolio across various xchanges as you said and also if you have long term plans; I suggest this, keep your long term qoins in an offline wallet; that way you don’t see your funds on ur app everytime you sign in & panic, just observe for your targets or wait till the next major pump, trust me you’d know cuz EVERYONE will be talking about it, and reconnect ur offline wall, move your qoins to ur x change and sell, think of it as a piggy bank kolo or what we used to call it as kids. The stress of connecting the offline wall to ur computer & then using the bridge before sending your qoins to sell alone will discourage u from panic sales...

Long term favs for me remain Betece & Eithy, I personally have a soft spot for rip but only cuz I think of it as a stock; however none of this is financial advise and operate at your own risk... And as Sailor Saïd always look at the charts dating back months, if possible as far back as 18 months. If I’m ever jumping on a bandwagon, I set a small profit margin once I hit my target I dump cuz I know from being burnt in the past that these one day wonder qoins would hurt you on the way down. If you see you made a good 10-20% already in the same day on a random qoin, why not take what you already have and go? You’re already 20% richer than you were before...


Eithy and LTC doing as expected! Weird how I woke up at the right time... My sell order just got filled, quickly too so the whales are up... I’m gonna sit it out today, if it dips under 700, I’d hop back in. Or if i have nothing to do all day, I’d day trade it a bit, I like the chances of 1-3% rises and falls a number of times today... looks like it’s been hovering around 719-730, one or two trades in that region if it holds would fetch an extra 1.5% each time, fair enough if you ask me... I’d monitor what’s guaning till mid day anyway.
Re: Crypto Currency Investors Thread by AbdulJabbar1: 4:15am On Feb 03, 2021
lovinhubby2wife:
do you trade small coins or your focus is on the guns

I focus on the big guns for my long term objectives... I always hold as much Eithy and B as I can...
I have a soft spot for Rip too but it’s proli my biggest gamble yet, but it’s done well, at least it’s doubled with its last run and I’m optimistic of their sec settlement.

As for the smaller qoins, I hardly touch em, except I understand them, only ones I’ve touched recently were Polkadot & Doge during its last major run, I’m looking into Ren now though. When I trade those small qoins it’s only if there’s an impending pnd & I make sure I get in either the night before or very early in the morning and dump before noon when the whales would begin to shock everyone.

1 Like

Re: Crypto Currency Investors Thread by AbdulJabbar1: 4:21am On Feb 03, 2021
lovinhubby2wife:
do you trade small coins or your focus is on the guns

On some days I like LTC cuz it mostly guarantees me 1% bad as e bad e go rise and fall 1-3% daily, but it’s liquidity on Lno is sh**

So I only fancy it when its over 5% profits and I don’t mind paying up to the 2% in fees to get rid of it at the market price not even the market sell price

But today liquidity has been high perhaps cuz it’s on the rise
Re: Crypto Currency Investors Thread by AbdulJabbar1: 4:23am On Feb 03, 2021
LOquence:
Please where can I learn how to read and understand chart, trend so that I can go in at a convenient time and make little profit . I don't want to invest in a biz relying on luck. Please I need your help..

Two places...

1. YouTube but it’s more a DIY type thing

2. Start by reading this thread from the first page or better yet, click on sailor1 or Jedisco s profiles and check for his posts on this thread, he explained it a few times

1 Like

Re: Crypto Currency Investors Thread by Tozilly(m): 4:27am On Feb 03, 2021
Watching litecoin with an eagle eyes on when to cash out. It hasn't done badly.

1 Like

Re: Crypto Currency Investors Thread by AbdulJabbar1: 4:28am On Feb 03, 2021
Tozilly:
Watching litecoin with an eagle eyes on when to cash out. It hasn't done badly.

Not at all, but don’t get too greedy so you don’t get burnt but the day is still young... I think it might pump further

1 Like

Re: Crypto Currency Investors Thread by Tozilly(m): 4:44am On Feb 03, 2021
AbdulJabbar1:


Not at all, but don’t get too greedy so you don’t get burnt but the day is still young... I think it might pump further

Sure. Hv even dumped it as it has made over 13% in a day. Thanks man for ur gud works!
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 5:07am On Feb 03, 2021
Jmandotcom:
Noted boss man. Hope it gonna work?

Target hit.

I’m out of the market.


It would still go up tho.

2 Likes

Re: Crypto Currency Investors Thread by Enosa1(m): 5:07am On Feb 03, 2021
Please keep it coming, but try reduce the jargons... Learning alot. However I recently tried out a trade on luno... Can't really interpret the results, if it's a loss or gain.

1 Like

Re: Crypto Currency Investors Thread by Comeandcollect: 5:10am On Feb 03, 2021
Majority of individuals who trade BT.C or Et.h can stake $500 to $1000 globally per day, this is only a fraction of the profit you will get when the crypto goes up. The major beneficiaries of these coins are companies like MicroStrategy, exchange sites like Luno, Coindesk, Binance, High networth individuals.
They can trigger the market anytime at the mercy of average individuals.

To me, to play in the game there is need to take whole profit unfortunately the coins are unreachable to buy in whole even if you can afford it, bit.c.oin started selling at $1, to pay $36k for it for someone worth $36k is ridiculous.

AbdulJabbar1:


You have been misinformed! No one needs to buy a whole qoin, if na 50 dollar ur money reach, you can equally profit off any rise whatsoever, if it gains 10% you gain 10% of whatever your worth in it is... Even if it becOmes 100k per qoin people that will buy will buy...

Betece is not a stock or private equity and never will be. It’s available to whoever wants to buy, and at any amount you want to buy, no restrictions, beyond KYC.

Re: Crypto Currency Investors Thread by AbdulJabbar1: 5:16am On Feb 03, 2021
Tozilly:


Sure. Hv even dumped it as it has made over 13% in a day. Thanks man for ur gud works!

Bless Up Boss... Let’s All Win Together
Re: Crypto Currency Investors Thread by AbdulJabbar1: 5:24am On Feb 03, 2021
Comeandcollect:
Majority of individuals who trade BT.C or Et.h can stake $500 to $1000 globally per day, this is only a fraction of the profit you will get when the crypto goes up. The major beneficiaries of these coins are companies like MicroStrategy, exchange sites like Luno, Coindesk, Binance, High networth individuals.
They can trigger the market anytime at the mercy of average individuals.

To me, to play in the game there is need to take whole profit unfortunately the coins are unreachable to buy in whole even if you can afford it, bit.c.oin started selling at $1, to pay $36k for it for someone worth $36k is ridiculous.


From my understanding of what you’re trying to say, you seem to be saying only major Corps would profit off its price rises? I beg to differ... Even if I purchase 100 $ worth of betece at 36k and the price rises to 40k which is just over 10%, I gain 10% on my 100. The more my portfolio the more I gain.

I know individuals with over 100 qoins personally I know how many qoins I hold and trust me the revenue I gained this year alone off the recent hike is way beyond what most major businesses in Nigeria declare as profits yearly. But thats not even the bone of contention here, even the man that had just 100 in made a very good flip on his money.

Individuals hold more qoins than corporations chief... Individuals... there’s a group on Reddit that you can’t be a member of except you have at least 100 qoins & there’s over 1,392 people in there at last count; none of them corporations

These xchanges only trade qoins that belong to other individuals and customers, they have a company cap and qoins being traded, it’s why they feel it when people move qoins offline. These xchanges make their revenue off the fees, That there’s 1000 qoins being traded on bundle doesn’t mean bundle owns 1000 qoins

2 Likes

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