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Crypto Currency Investors Thread - Investment (110) - Nairaland

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Re: Crypto Currency Investors Thread by ogashman(m): 11:05am On Feb 07, 2021
with the ban on deposition through banks on crypto platforms, what is the easiest way to deposit for a newbie?
Re: Crypto Currency Investors Thread by Sailor1: 11:09am On Feb 07, 2021
REUBEN010:


If you were to be a prophet, I'll most gladly be your first disciple. Your analysis is almost 100% accurate. You've done so much for folks here and for this, I'm grateful.

Worth noting that what I said will seem more and more unlikely in the coming weeks until reality hits.

The reason I say some of these is cos of what I learned in the past.
I started trading cryto during a bullrun and then I would see betece as a waste of time as alys would give me multiples of it. When the market turned, brutal lessons were learned quickly.
Its interesting seeing same thing happening over and over again... This market truly flows in cycles

1 Like

Re: Crypto Currency Investors Thread by Sailor1: 11:10am On Feb 07, 2021
UncleKoboko:

USDT is very expensive. It's about 415 per coin. Fiat Naira deposit has been suspended so you can't fund your wallet.

I'm seeing 462-470 on binance
Re: Crypto Currency Investors Thread by Sailor1: 11:11am On Feb 07, 2021
REUBEN010:


Please where do you run your TA?
The binance chart on my mobile phone has small candle sticks that makes it difficult to identify levels.

It depends...
sometimes I use investing(dot)com app or binance on mobile. Of recent, I have tried out tab trader on mobile and it is smooth and clean

When I want to do serious work, I use trading view on a PC

2 Likes

Re: Crypto Currency Investors Thread by REUBEN010(m): 11:12am On Feb 07, 2021
Sailor1:


It depends...
sometimes I use investing(dot)com app or binance on mobile. Of recent, I have tried out tab trader on mobile and it is smooth and clean

When I want to do serious work, I use trading view on a PC

Okay. I'm still learning TA. Will check them out.
Thanks.

1 Like

Re: Crypto Currency Investors Thread by Sailor1: 11:13am On Feb 07, 2021
UncleKoboko:

How is 462 and 472 reasonable when Naira fiat deposit is at 385?
Naira fiat deposit is currently suspended though.

p2p mimics the market price which is not 385
What platform are you talking of?
Re: Crypto Currency Investors Thread by agboifeanyi242(m): 11:16am On Feb 07, 2021
MrSamsung:
Has anyone here been able to overcome the monthly limit placed on Nigerian debit cards, and has succeeded in buying cryptocurrency with no hindrance?

I don't mind paying for such information

Dm me
Re: Crypto Currency Investors Thread by luvlyoracle(m): 11:17am On Feb 07, 2021
bradwilli:
You newbies came in here when the ban came up. No dey assume say na kids dey here. Na men! No come play with us, if you have a good legir idea no force people. Setup your stuff and if people find it legit they will associate with it
OK sir.
Re: Crypto Currency Investors Thread by THURAFTERNOON: 11:19am On Feb 07, 2021
Sailor1:


Good stuff you've learnt. But let me address something
Altys and HODL do not go together oooo
Extremely few alyts will give better return over the long term than betece and it is difficult to recognize them
I believe in patient, long term trading na why I dey advise
If you're looking at years, then I would blindly say that by far the best performers will be betece and eith


I have been singing this thing like a song over and over again but most folks think I no get sense

We are all here to make money and not to hodl blindly. For longterm buyers, aim will be to buy close to the bottom of a cycle and sell close to the top. Simple!

This is the worst time to buy alyts for the long term- you don't buy alts for keeps in an alt season.
Alyts are poppin because smart folks are using them to accumulate more betece. They sell their betece into alyts and when they pop, sell back and have more betece. In this market, think against the majority.
Have you noticed that when betece accelerates quickly alyts stall or dump? Thats cos people are exiting alyts into betece.
This market will become more euphoric and what I said will sound more archaic until reality hits. Alyt profit of months will be wiped out in days

This market flows in cycles. After 2018, we did not believe we would have another alyt run like it. But we are having it today. So also the bear market will come and your most coveted alyts will be close to zero.

I will stop here, but for further research, look at the top 10 alyts of 2017 season and see how they fared. Be safe out there.

thank you very much brother. been following you silently. I'll definitely take heed and TP when necessary. My greed level has been tamed extremely. Let's keep watching.

1 Like

Re: Crypto Currency Investors Thread by Sailor1: 11:21am On Feb 07, 2021
ADA... when ada runs, it runs
Always remember majors that made you smile grin

Weekly targets are clear.. Next target is 0.8 and ATH of 1
Personally, I believe it wants ATH but will start taking profits from before 0.8 (incase it's frontran)

Remember
Betece hit and surpassed ATH, Eith followed a month after
I expect majors to follow same path
After that, midcaps and micros will take over and cause serious wahala... perhaps in the coming weeks.
Market cycle is key

Majors I'm looking at... XLM (already started moving), and LTC...
LINK has been stalling... the more it stalls, the more explosive its run.

4 Likes

Re: Crypto Currency Investors Thread by MrSamsung(m): 11:21am On Feb 07, 2021
agboifeanyi242:


Dm me

No need again because of this stupid cbn policy. They would block my account.
Re: Crypto Currency Investors Thread by dottozil: 11:26am On Feb 07, 2021
Which coin can I buy currently that can see 20-30% increase in 2-3 weeks, seeing Xlm and zil can I still jump on them?
Re: Crypto Currency Investors Thread by Sailor1: 11:28am On Feb 07, 2021
Wahala for those wey panic sell based on CBN memo

CBN has put a wrench in peoples alyt season

Like I said on another thread, folks waited 3 years for this.. We put in blood and sweat in the brutal bear market.
This alyt season might end sooner than we expect... If I don't benefit from it, I would not endure the next bear cycle
The last distraction I need is the CBN wahala... Let me make profits and keep it in USDT, when the time comes to withdraw, I will sort that out...

4 Likes

Re: Crypto Currency Investors Thread by Ojemedad: 11:30am On Feb 07, 2021
Sailor1:
ADA... when ada runs, it runs
Always remember majors that made you smile grin

Weekly targets are clear.. Next target is 0.8 and ATH of 1
Personally, I believe it wants ATH but will start taking profits from before 0.8 (incase it's frontran)

Remember
Betece hit and surpassed ATH, Eith followed a month after
I expect majors to follow same path
After that, midcaps and micros will take over and cause serious wahala... perhaps in the coming weeks.
Market cycle is key

Majors I'm looking at... XLM (already started moving), and LTC...
LINK has been stalling... the more it stalls, the more explosive its run.


Last night I got burnt by Btc and eth

Ada rescued me a little, I got out too early also on Xlm
Re: Crypto Currency Investors Thread by cuteesthy(f): 11:36am On Feb 07, 2021
Sailor1:
ADA... when ada runs, it runs
Always remember majors that made you smile grin

Weekly targets are clear.. Next target is 0.8 and ATH of 1
Personally, I believe it wants ATH but will start taking profits from before 0.8 (incase it's frontran)

Remember
Betece hit and surpassed ATH, Eith followed a month after
I expect majors to follow same path
After that, midcaps and micros will take over and cause serious wahala... perhaps in the coming weeks.
Market cycle is key

Majors I'm looking at... XLM (already started moving), and LTC...
LINK has been stalling... the more it stalls, the more explosive its run.

is Betece in Binance cos i have been searching for it
i bought XLM nd ADA nd it's giving me joy...na ur anlysis i dey follow oo
Re: Crypto Currency Investors Thread by Gsilk(f): 11:47am On Feb 07, 2021
Sailor1:
ADA... when ada runs, it runs
Always remember majors that made you smile grin

Weekly targets are clear.. Next target is 0.8 and ATH of 1
Personally, I believe it wants ATH but will start taking profits from before 0.8 (incase it's frontran)

Remember
Betece hit and surpassed ATH, Eith followed a month after
I expect majors to follow same path
After that, midcaps and micros will take over and cause serious wahala... perhaps in the coming weeks.
Market cycle is key

Majors I'm looking at... XLM (already started moving), and LTC...
LINK has been stalling... the more it stalls, the more explosive its run.


Yo! Thank you for making me wait on ADA

1 Like

Re: Crypto Currency Investors Thread by Sailor1: 11:50am On Feb 07, 2021
Ojemedad:


Last night I got burnt by Btc and eth

Ada rescued me a little, I got out too early also on Xlm

Seriously,I have no idea what you are doing.
betece and eith ae just ranging and you are getting burnt? What exactly is happening?

1 Like

Re: Crypto Currency Investors Thread by Gsilk(f): 11:51am On Feb 07, 2021
cuteesthy:
is Betece in Bi.nance cos i have been searching for it
i bought XL.M nd ADA nd it's giving me joy...na ur anlysis i dey follow oo

Betece is the almighty bit...coin. It’s spelled that way to avoid getting banned.
Re: Crypto Currency Investors Thread by Sailor1: 11:54am On Feb 07, 2021
cuteesthy:
is Betece in Binance cos i have been searching for it
i bought XLM nd ADA nd it's giving me joy...na ur anlysis i dey follow oo

Hehe what else is betece? Bitc0in of course. (take away all e's). I spell it that way cos of spambot.

I'd advise to also look at what others are saying so when I am wrong, you don't get burnt. It's for you to process it all and decide on your trading plan
Re: Crypto Currency Investors Thread by REUBEN010(m): 11:55am On Feb 07, 2021
@Sailor1
I have betece and Etherum as my base currency so that when they start their runs I won't miss it. Is it a good idea?
Re: Crypto Currency Investors Thread by AIT1(m): 11:57am On Feb 07, 2021
Sailor1:


Hehe what else is betece? Bitc0in of course. (take away all e's). I spell it that way cos of spambot.

I'd advise to also look at what others are saying so when I am wrong, you don't get burnt. It's for you to process it all and decide on your trading plan

Please Sir, is P2P trading on Binance 100% safe?.

I'm thinking of bu.ying US DT and sell it into betece before trading with Altys.

I'm I good to go?

Thanks.
Re: Crypto Currency Investors Thread by Sailor1: 11:58am On Feb 07, 2021
Gsilk:


Yo! Thank you for making me wait on ADA

Good to hear success stories...
Its good to take profits too... cos that all that matters

For now, the next runner has come forward ready to take the baton... XLM... my eyes on you

1 Like

Re: Crypto Currency Investors Thread by Gsilk(f): 12:02pm On Feb 07, 2021
Sailor1:


Good to hear success stories...
Its good to take profits too... cos that all that matters

For now, the next runner has come forward ready to take the baton... XLM... my eyes on you

grin grin grin
I got in on XLM too! Link is the one taking its time but patience is a virtue... sometimes

1 Like

Re: Crypto Currency Investors Thread by Sailor1: 12:02pm On Feb 07, 2021
REUBEN010:
@Sailor1
I have betece and Etherum as my base currency so that when they start their runs I won't miss it. Is it a good idea?

You're unlikely to go wrong in the longterm with those two.

For me, my purpose of trading is to acquire more cash. That's why I follow market cycles and try to go where next its happening and take an early sit..

Fact is, for now, the upside on most majors are more than those two cos majors have some catching up to do...

I suspect betece dips this pm or tomorrow before taking 42k next week and accelerating. Of course, alyts will stall during this but will catch up violently...Lets see how it all goes

3 Likes

Re: Crypto Currency Investors Thread by tammyboy1(m): 12:04pm On Feb 07, 2021
This CBN shit is giving me so much pain, i panic sold my ADA at #242, it's currently chasing 350, chai, CBN angry
Re: Crypto Currency Investors Thread by Sailor1: 12:05pm On Feb 07, 2021
Gsilk:


grin grin grin
I got in on XLM too! Link is the one taking its time but patience is a virtue... sometimes

There are some coyns worth waiting for...

For now its looking like ADA>>>XLM>>>(LINK/LTC- to be identified). After that, we move to micros.. In the meantime I'm accumulating Zil and waiting for an entry on theta

1 Like

Re: Crypto Currency Investors Thread by UncleKoboko: 12:09pm On Feb 07, 2021
Sailor1:


p2p mimics the market price which is not 385
What platform are you talking of?
On binance, all the P2P I have been seeing are very expensive.
Re: Crypto Currency Investors Thread by bizzibodi(m): 12:10pm On Feb 07, 2021
THURAFTERNOON:
this is yet another golden thread on nairaland that's if se.un and his gang would allow it stay.

the govt should understand that they can't do anything to stop cryptocurrency. also, since the effect from 2 days ago, I'm sure they didn't realize alot of more youth piqued interest in the topic and started to make research. Like myself, I started to invest in altcoins January and I hope to continue to build my portfolio till the end of the year. I've identified to be a long term crypto investor (min 1yr HODL) in just few days I made research and invested in some coins, believe you me I already got some $ increase which I believe if I can leave all for minimum of 2yrs I'm going to be making good profits. Reading this thread, I already saw brothers doing the good work to recommend good projects to invest in that's great one. I am also hodling the following projects as I've invested in them; ADA,VET, DOT, BAKE, TWT, CAKE . as a newbie investor, don't forget to always DYOR (Do-Your-Own-Research). i just got to know about zil, win, btt from this thread so I'll make sure to DYOR and see if I can add them to my portfolio ....in this game too, u have to have real patience. it's not a get rich quick scheme but you can get surely get rich overnight in investing in the right projects..

may we all reap big. the country will never kill us .
There are many Alts that performed more than betc & eity with there short life cycle.has been around for a decade.
My advice if yo hand cannot reach bit & eity
U want to go long term buy other alts: most of them are improvement in function & technology since cripto are immutable , cannot b altered to improve upon or increase more coin in circulation:to overcome those short coming,fork of koins are created with improve applications, acceptability & are cheaper to posses...in crypto world d" beautiful koins are not yet been crypted" who ever thought other koins wuld come after betc....just imagine doggie of $0.00039116 in 2013 now has increase of 10,554.53% in 7yrs.who dey look doggie before,some can do it in 3yrs.
Patience is the key.

1 Like

Re: Crypto Currency Investors Thread by Tolu181: 12:12pm On Feb 07, 2021
Free AIRDROP on binance, if you have binance account

Read

https://medium.com/neutrinoteam/claim-your-nsbt-tokens-298a7ce7d7e8
Re: Crypto Currency Investors Thread by REUBEN010(m): 12:18pm On Feb 07, 2021
tammyboy1:
This CBN shit is giving me so much pain, i panic sold my ADA at #242, it's currently chasing 350, chai, CBN angry

The CBN brouhaha seems to me as the perfect time to hold until. Infact, if I had more Fiat, I would have purchased more crypto yesterday.

1 Like

Re: Crypto Currency Investors Thread by Jmandotcom: 12:19pm On Feb 07, 2021
Thanks. I just needed to gain some fund. Luckily, i entered at 8.2 and exiting at 9.7. Not a bad ungreedy deal.
fusionchimera:

Don't be greedy, lest you'll lose all

1 Like

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