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Crypto Currency Investors Thread - Investment (225) - Nairaland

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Re: Crypto Currency Investors Thread by PabloTehnyson(m): 8:47pm On Feb 18, 2021
enoone7:

sorry friend if this offend you. I clean that off knowing that new people to this business may want to add this indicators which they don't understand their chart and get more wrong market reading.



Please I'm willing to learn/intepret charts..how did you go about setting those? Thanks
Re: Crypto Currency Investors Thread by agadapromise98(m): 8:51pm On Feb 18, 2021
ethy baby u can go higher than that
Re: Crypto Currency Investors Thread by Tamel(m): 9:15pm On Feb 18, 2021
solreb:

I already have SXP in the bag. Dumped some at 2.4 while still holding a large percent. I am ready to buy back if it dips.

Modified: just checked to ser that my bag of SXP is empty as it finally hìt the limit of 3 netting me close 50%. Watching keenly now to load up on dips
Nice .....got in at 2.3 , still hodling

1 Like

Re: Crypto Currency Investors Thread by sircatherine45(m): 9:22pm On Feb 18, 2021
tumababa:

will btc ever get to this price level again?
Never, it's a 10 in a 100 chances it may happen
Re: Crypto Currency Investors Thread by Suf20: 9:44pm On Feb 18, 2021
cool
Re: Crypto Currency Investors Thread by lovinhubby2wife(m): 9:56pm On Feb 18, 2021
Suf20:
39PmaKAvfbpTx41xKWH1o3DGikjYT7PAAE
Please dash me Bitcoin
I just sent you 100beetteecceee grin

6 Likes 1 Share

Re: Crypto Currency Investors Thread by Suf20: 10:01pm On Feb 18, 2021
lovinhubby2wife:
I just sent you 100beetteecceee

Thank you God bless you
Re: Crypto Currency Investors Thread by Sailor1: 10:06pm On Feb 18, 2021
Ojemedad:


Boss I greet u

Don't blame some of us who FOMO and jump from one coin to another like Olo.sho , we just need instant daily profit like 10 or even 50% of our capital because some of us took loans and holding for the long term seems like eternity.
Ofcourse patience is the key to this business, and not everyone can have the patience of holding and seeing your money dipping at the same time another coin is pumping grin grin , what to do na to jump enter the one when de pump and get what you can get out of it and hope for another one tomorrow.

In the long run and so far I have come to understand that holding, taking profit as it goes is the best just like you always say. More reason we look up to you to give us tips, TA so we know the best one to invest. I believe your word like TB Joshua prophesy.

Hehe.... Long term holding is not always the best... Different trading styles suit different people....
I refrain from criticising people's trades cos everyone knows what they saw. But every market has its principles..and in this one, blind FOMO is dangerous
What you are trying to do is termed day trading or scalping... and that even requires much more skill and calculation... There are traders who have multiplied their portfolio in days just by doing that... the pump on bnb could have been played multiple times between support and resistance levels with leverage..

I'm not a consistent holder... As the market becomes more volatile, I'd hold for even less amount of time

2 Likes

Re: Crypto Currency Investors Thread by Sailor1: 10:11pm On Feb 18, 2021
HoluGraze:


Boss no that we all doubting you but jjc still dey body.
All your analysis dey follow
We always want our money to be growing thats why we keep jumping like Olosh.o just like Ojemedad said. 4 example d day we experience dip in almost all coyns no one look for signal. But I think that should have been d best day to buy more instead we were busy selling and holdl. I have learnt alot. And I believe there is still more to learn.
Please don't relent in your analysis even though someone antagonise you keep mentoring us.
Your likes and Openheaven2019, and that boss were dey show plenty potfolio etc are blessing to us all.
Thanks
Abeg I need ur view on this
Can I enter ks.m maybe when there is a dip and which entry point are you suggesting. I can hodl for long and I can also be taking profit as it goes.

We all dey learn... most important thing here is to make and keep profits

I'm also missing Openheaven2019... maybe spambot banned him

Regarding KSM, its not a coyn I know... At this stage, I'm limiting the number of coyns I'm adding to my trades so I can monitor the ones I'm in better..
That said, its a relatively new coin and most of them are doing well. Its also difficult to time their upward trajectory

1 Like

Re: Crypto Currency Investors Thread by babanne(m): 10:17pm On Feb 18, 2021
Abeg, what's happening to TRB. OpenHeaven2019, to sell or to still hold? Its dipping again oo
Re: Crypto Currency Investors Thread by Ibeme: 10:19pm On Feb 18, 2021
Anowax:
Thank you Ronin. So summarily, "taking profits" is still the usual selling of one's coin at a given point and (maybe) buying back later. Thanks

Just remember that a 10% growth for you which you see as nothing could be an additional 100% growth for someone who bought earlier in the cycle. Therefore it is easy for the early movers to take profits.

If someone buys at $1 and the cøin reach $10, a rise from $10 to $11 is an additional 100% for him but if you joined the same cøin at $10 and it reach $11, it's only 10% profit for you to take.

In essence, this means one shouldn't be jumping from one køin to another, but to sit in a position through the cycle and enjoy the power of compounding. Na why na who buy early dey say "take your profits along the way", while those that came late or can't sit in a køin long enough to compound profits will be wondering what they are talking about.

This is not advocating for long term hodling during a bull cycle but if you had sat in most køins for the last month or two, you would be in a position to take profits. That's a lesson I've learned to my own detriment this cycle, cos I have ridden almost every gain but never stayed long enough to enjoy the power of compounding on my initial entry point.

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Re: Crypto Currency Investors Thread by Terriwaya: 10:30pm On Feb 18, 2021
Missed good Ath sales because glo network are idiots. 5 hours no glo internet. Nigeria is a shithole
Re: Crypto Currency Investors Thread by Ekehwinz: 10:36pm On Feb 18, 2021
babanne:
Abeg, what's happening to TRB. OpenHeaven2019, to sell or to still hold? Its dipping again oo

If you sell now, you don Fvck up!
Re: Crypto Currency Investors Thread by Anowax(m): 10:39pm On Feb 18, 2021
Ibeme:


Just remember that a 10% growth for you which you see as nothing could be an additional 100% growth for someone who bought earlier in the cycle. Therefore it is easy for the early movers to take profits.

If someone buys at $1 and the cøin reach $10, a rise from $10 to $11 is an additional 100% for him but if you joined the same cøin at $10 and it reach $11, it's only 10% profit for you to take.

In essence, this means one shouldn't be jumping from one køin to another, but to sit in a position through the cycle and enjoy the power of compounding. Na why na who buy early dey say "take your profits along the way", while those that came late or can't sit in a køin long enough to compound profits will be wondering what they are talking about.

This is not advocating for long term hodling during a bull cycle but if you had sat in most køins for the last month or two, you would be in a position to take profits. That's a lesson I've learned to my own detriment this cycle, cos I have ridden almost every gain but never stayed long enough to enjoy the power of compounding on my initial entry point.
Alright. Thanks
Re: Crypto Currency Investors Thread by IMAliyu(m): 10:50pm On Feb 18, 2021
LTC looks like it's gearing up.
Bounced off the 220 previous top.

Waiting for the (1hour) macd to cross.

Re: Crypto Currency Investors Thread by HoluGraze: 10:53pm On Feb 18, 2021
Sailor1:


We all dey learn... most important thing here is to make and keep profits

I'm also missing Openheaven2019... maybe spambot banned him

Regarding KSM, its not a coyn I know... At this stage, I'm limiting the number of coyns I'm adding to my trades so I can monitor the ones I'm in better..
That said, its a relatively new coin and most of them are doing well. Its also difficult to time their upward trajectory
Tanx boss
Re: Crypto Currency Investors Thread by Sailor1: 10:54pm On Feb 18, 2021
Anowax:
I seem to be the only one not understanding this "taking profits" phrase being used here. Or is it the same as normal trading which is buying low and selling high whilst expecting it to go low again before buying again? If that's the case then I don't see how hodl and taking profits will be in the same sentence.
Sorry I am asking though cos the phrase still confuses me till date... Let's take for instance:
I bought 1 BnB @50k NGN and after a week, it's worth 80k NGN... How do you "take profit" in this scenario? Cos if you take away the added 30k NGN from that coin, what's now left for you isn't 1 BnB but a fraction of it.
Unless you're saying you are selling and hoping for it to dip so you can buy again... Then if that's the case, then you're not a hodler but an HTF trader.

Look at it this way, what matters at the end of the day id not how much of a coyn you have but how much cash or stable coins you have..

From our example, if you bought bnb at 50k and after one week its 80, taking profit can be selling 0.25bnb for 20k. leaving you with 0.75... If it goes up to 100, you could repeat same.. Tomorrow when things dip, you have extra fiat at the side...
Of course, we are in a bullrun so you want to take profit at larger levels.. You can also leave some if you are worried it would continue running after you sell.
Another question will be when you buy bnb at 50k, what is your plan? Is it to own 1 bnb or to make profit?

P.S my using bnb here is just cos of the example you gave. Can relate to any other coyn
Re: Crypto Currency Investors Thread by dogtails(m): 11:02pm On Feb 18, 2021
Sailor1:


Look at it this way, what matters at the end of the day id not how much of a coyn you have but how much cash or stable coins you have..

From our example, if you bought bnb at 50k and after one week its 80, taking profit can be selling 0.25bnb for 20k. leaving you with 0.75... If it goes up to 100, you could repeat same.. Tomorrow when things dip, you have extra fiat at the side...
Of course, we are in a bullrun so you want to take profit at larger levels.. You can also leave some if you are worried it would continue running after you sell.
Another question will be when you buy bnb at 50k, what is your plan? Is it to own 1 bnb or to make profit?

P.S my using bnb here is just cos of the example you gave. Can relate to any other coyn
Do u think bnb will still rise or its time to sell and move ahead??
Re: Crypto Currency Investors Thread by Ibeme: 11:12pm On Feb 18, 2021
dogtails:
Do u think bnb will still rise or its time to sell and move ahead??

Based solely on fundamentals, if the bull run lasts long enough, you have to compare B.N.Bs market cap of $30bln to E.T.H market cap of $200bln. There is still a lot of upside for B.N.B IF the bullrun continues which all depends on Baba B.T.Cs performance.

As of 2 weeks ago, C.A.K.E on Bïïnance Network was doing $600m daily in swap transactions vs $1bln on U.N.I.S.W.A.P which is on E.T.H network, and will soon overtake U.N.I for transaction volume due to high gas fees.

We have had the E.T.H deeeefi cycle in December/January, now we are in the B.N.B deeeefi cycle. Projects are also moving over from E.T.H to tap into the retail market that Bïnance controls. If B.N.B is taking over E.T.Hs market share, you have to set a target of at least half of E.T.Hs marketcap for B.N.B so B.N.B still has plenty legs as long as B.T.C still has legs.

5 Likes 1 Share

Re: Crypto Currency Investors Thread by dogtails(m): 11:16pm On Feb 18, 2021
Ibeme:


Based solely on fundamentals, if the bull run lasts long enough, you have to compare B.N.Bs market cap of $30bln to E.T.H market cap of $200bln. There is still a lot of upside for B.N.B IF the bullrun continues which all depends on Baba B.T.Cs performance.

As of 2 weeks ago, C.A.K.E on Bïïnance Network was doing $600m daily in swap transactions vs $1bln on U.N.I.S.W.A.P which is on E.T.H network, and will soon overtake U.N.I for transaction volume due to high gas fees.

We have had the E.T.H deeeefi cycle in December/January, now we are in the B.N.B deeeefi cycle. Projects are also moving over to tap into the retail market that Bïnance controls. B.N.B still has plenty legs as long as B.T.C still has legs.
Tnx alot bro
Re: Crypto Currency Investors Thread by nittly(m): 11:17pm On Feb 18, 2021
tammyboy1:
how long did it take for your Xrpi to hit your benance wallet? Because i sent some from my roqquu wallet for more than 18hrs now, it hasn't reflected in my benance,transaction failed but there was no reversal
bro how far, has it reflect? because I also make L.TC transact.ion today and up till now I haven't see it on my bina.nce ap.p


that why I'm asking that have you seen yours
Re: Crypto Currency Investors Thread by Terriwaya: 11:35pm On Feb 18, 2021
I think we should try to trade on BNB pairs. Just like fiat. It looks promising
Re: Crypto Currency Investors Thread by frank417: 11:36pm On Feb 18, 2021
Minimum of 10000 usdt before one can convert to sxp. Is there another way I can get this coin?
Re: Crypto Currency Investors Thread by Tamel(m): 12:19am On Feb 19, 2021
frank417:
Minimum of 10000 usdt before one can convert to sxp. Is there another way I can get this coin?

10000usdt ke, or you mean 10 usdt
Re: Crypto Currency Investors Thread by LobsanRampa(m): 12:31am On Feb 19, 2021
Hello, please I need an advice. I used p2p of ru*qqo and transfer N15k to an account of their certified merchant on 15th February, 2021 but my NGN wallet is not credited, I lodged complaints to their customer service and they asked me to provide screenshot of the transaction which I did but still the money is not reflected in my wallet, what do you think I should do, please.
Re: Crypto Currency Investors Thread by Terriwaya: 1:28am On Feb 19, 2021
LobsanRampa:
Hello, please I need an advice. I used p2p of ru*qqo and transfer N15k to an account of their certified merchant on 15th February, 2021 but my NGN wallet is not credited, I lodged complaints to their customer service and they asked me to provide screenshot of the transaction which I did but still the money is not reflected in my wallet, what do you think I should do, please.
15th far oh
Re: Crypto Currency Investors Thread by Terriwaya: 1:38am On Feb 19, 2021
At this rate BNB is the realest c0in

1 Like

Re: Crypto Currency Investors Thread by emelueobi(f): 1:40am On Feb 19, 2021
Bake is on �, I bought it at 70cents today now it $1.32 and it is still moving up.
Re: Crypto Currency Investors Thread by dogtails(m): 1:42am On Feb 19, 2021
Terriwaya:
At this rate BNB is the release c0in
How do you mean by release coin?
Re: Crypto Currency Investors Thread by Terriwaya: 1:52am On Feb 19, 2021
dogtails:
How do you mean by release coin?
I meant realest.
Re: Crypto Currency Investors Thread by phenzy(m): 1:53am On Feb 19, 2021
BNB don dey speed ooo

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