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Crypto Currency Investors Thread - Investment (322) - Nairaland

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Re: Crypto Currency Investors Thread by pragmatistm(m): 3:33pm On Mar 05, 2021
When the streets are red, guys are on the run. cheesy cheesy

And the streets are red again.

4 Likes

Re: Crypto Currency Investors Thread by GoodBoi1(m): 3:40pm On Mar 05, 2021
BTC is rising again, it seems I would just be waiting for these 2-6k dips
Re: Crypto Currency Investors Thread by jamace(m): 3:40pm On Mar 05, 2021
pragmatistm:
When the streets are red, guys are on the run. cheesy cheesy
grin
Re: Crypto Currency Investors Thread by billyG(m): 3:58pm On Mar 05, 2021
Dizzyish:
I was thinking of buying $150 ethereum, $150 litecoin, 150 ada and 50 dogecoin long term, like for a year or more. Does it sound like a good plan?
Yes it is

1 Like

Re: Crypto Currency Investors Thread by billyG(m): 4:00pm On Mar 05, 2021
Dizzyish:

I know, but one can hodl it or change it to usdc till CBN (hopefully) revert its ban.
Nobody know if lu.no will capsize they are not proactive stall.uptill now they cannot incorporate P2P.
Re: Crypto Currency Investors Thread by Ibime(m): 5:11pm On Mar 05, 2021
Dizzyish:
I was thinking of buying $150 ethereum, $150 litecoin, 150 ada and 50 dogecoin long term, like for a year or more. Does it sound like a good plan?

Buying to hold for a year at this stage is a very poor plan
Re: Crypto Currency Investors Thread by durubennie(m): 5:27pm On Mar 05, 2021
Just lost over 50knaira now. cry
Re: Crypto Currency Investors Thread by Notyamate(f): 5:31pm On Mar 05, 2021
durubennie:
Just lost over 50knaira now. cry

On what coin?
Re: Crypto Currency Investors Thread by DextrousDavid(m): 5:34pm On Mar 05, 2021
durubennie:
Just lost over 50knaira now. cry

You don't lost until you sell.

6 Likes

Re: Crypto Currency Investors Thread by Ibk2020: 6:31pm On Mar 05, 2021
Ibime:


Buying to hold for a year at this stage is a very poor plan

How?
Please explain so others can learn
Re: Crypto Currency Investors Thread by VeecThorr(m): 6:33pm On Mar 05, 2021
Dizzyish:
I was thinking of buying $150 ethereum, $150 litecoin, 150 ada and 50 dogecoin long term, like for a year or more. Does it sound like a good plan?
Don't buy dogecoin, it's a meme.

1 Like

Re: Crypto Currency Investors Thread by pragmatistm(m): 7:04pm On Mar 05, 2021
People, have see this notice? Beware oo.

Binance Spot Trading System Upgrade Notice (2021-03-06)
Binance
2021-03-05 03:15
Fellow Binancians,
Binance will perform a scheduled system upgrade starting at 2021-03-06 2:00 AM (UTC). The upgrade will take approximately 1 hour.
Binance Futures & Options trading will continue unaffected during the upgrade period. Binance Leveraged Tokens will suspend trading, subscription and redemption.
During the upgrade period, Binance will suspend the following services:
Deposits and withdrawals
Spot and margin trading
P2P trading
OTC Portal trading
New user registrations
Sub-accounts activations
Subscription & redemption of Savings
Swapping or adding/removing liquidity on Binance Liquid Swap
Staking or redeeming assets from Launchpool
Crypto Loans services
Binance Card dashboard and transactions
Asset transfers from sub-accounts, margin accounts, futures accounts, pool accounts and fiat wallets.
Users will have a 30-minute window after the upgrade is complete to cancel orders, process deposits and withdrawals, transfer funds, and use all other account-related functions before trading resumes.
Major improvements in this upgrade include:
Overall system performance and stability improvements.
Please note:
Users with open Futures or Margin positions are recommended to re-assess their collateral balances prior to the start of the upgrade to mitigate against price fluctuations that may occur during the upgrade period.
Binance will suspend all asset transfers, deposits and withdrawals 10 minutes prior to the start of the system upgrade. Please ensure you leave sufficient time for any transfers, deposits or withdrawals prior to this time.
The 1-hour upgrade time is based on our best estimates and may vary. As usual, we will maintain regular communication on the progress of the upgrade on our various social media channels.
Binance Options: Only futures wallets can be used for paying Options premiums. Spot wallet balances will not be available to use.
Binance Futures Asset Conversion and Cross Collateral functions will be paused.
The suspension of spot trading will affect the Price Index of certain USDT-margined perpetual contracts, including ENJUSDT, TOMOUSDT, SXPUSDT, RLCUSDT、RUNEUSDT, BZRXUSDT, OCEANUSDT, BELUSDT, HNTUSDT, CTKUSDT, ALPHAUSDT, AXSUSDT, UNFIUSDT, LITUSDT, BTCSTUSDT, SFPUSDT and DODOUSDT. During this period, the Price Index of those contracts will not update. We will use the Last Price Protected mechanism to update the Mark Price until spot trading resumes.
We apologize for any inconvenience caused
Re: Crypto Currency Investors Thread by pragmatistm(m): 7:05pm On Mar 05, 2021
People, have see this notice? Beware oo.

Binance Spot Trading System Upgrade Notice (2021-03-06)
Binance
2021-03-05 03:15
Fellow Binancians,
Binance will perform a scheduled system upgrade starting at 2021-03-06 2:00 AM (UTC). The upgrade will take approximately 1 hour.
Binance Futures & Options trading will continue unaffected during the upgrade period. Binance Leveraged Tokens will suspend trading, subscription and redemption.
During the upgrade period, Binance will suspend the following services:
Deposits and withdrawals
Spot and margin trading
P2P trading
OTC Portal trading
New user registrations
Sub-accounts activations
Subscription & redemption of Savings
Swapping or adding/removing liquidity on Binance Liquid Swap
Staking or redeeming assets from Launchpool
Crypto Loans services
Binance Card dashboard and transactions
Asset transfers from sub-accounts, margin accounts, futures accounts, pool accounts and fiat wallets.
Users will have a 30-minute window after the upgrade is complete to cancel orders, process deposits and withdrawals, transfer funds, and use all other account-related functions before trading resumes.
Major improvements in this upgrade include:
Overall system performance and stability improvements.
Please note:
Users with open Futures or Margin positions are recommended to re-assess their collateral balances prior to the start of the upgrade to mitigate against price fluctuations that may occur during the upgrade period.
Binance will suspend all asset transfers, deposits and withdrawals 10 minutes prior to the start of the system upgrade. Please ensure you leave sufficient time for any transfers, deposits or withdrawals prior to this time.
The 1-hour upgrade time is based on our best estimates and may vary. As usual, we will maintain regular communication on the progress of the upgrade on our various social media channels.
Binance Options: Only futures wallets can be used for paying Options premiums. Spot wallet balances will not be available to use.
Binance Futures Asset Conversion and Cross Collateral functions will be paused.
The suspension of spot trading will affect the Price Index of certain USDT-margined perpetual contracts, including ENJUSDT, TOMOUSDT, SXPUSDT, RLCUSDT、RUNEUSDT, BZRXUSDT, OCEANUSDT, BELUSDT, HNTUSDT, CTKUSDT, ALPHAUSDT, AXSUSDT, UNFIUSDT, LITUSDT, BTCSTUSDT, SFPUSDT and DODOUSDT. During this period, the Price Index of those contracts will not update. We will use the Last Price Protected mechanism to update the Mark Price until spot trading resumes.
We apologize for any inconvenience caused.
Re: Crypto Currency Investors Thread by Nobody: 7:45pm On Mar 05, 2021
priceaction:
Markets are not predictable these days. Short waves and counter moves.
My Vet dey bleed small too after moving like 40 percent up. I have closed all open positions for like 30 percent profit except the last one Vet...usdt.

End of today, 3day candle will determine my personal stand.
It's better anyone that can do good analysis to do 10-30 percentage in max, 3 days. Fingers crossed.

E no even make I wait until end of the day, ride on boy... I dey behind you. Thank God I no rush close am. Looking for another entry tonight.. Buy and Ride series..

2 Likes

Re: Crypto Currency Investors Thread by billyG(m): 7:47pm On Mar 05, 2021
VeecThorr:

Don't buy dogecoin, it's a meme.
U call a highly capitalised koin just a meme?
Re: Crypto Currency Investors Thread by Ibime(m): 8:05pm On Mar 05, 2021
nihilistjnr:
https://cryptohayes.medium.com/pumping-iron-ae8a54a32ea2

Long read but very interesting take on the future of crypto

Great read
Re: Crypto Currency Investors Thread by Tinneh: 9:32pm On Mar 05, 2021
billyG:

Nobody know if lu.no will capsize they are not proactive stall.uptill now they cannot incorporate P2P.
hey bro I've been trying to convert my eth to xrp on luno so i can transfer to binance(p2p)....but it isn't going through
it keeps displaying amount not up to minimum

Re: Crypto Currency Investors Thread by billyG(m): 10:47pm On Mar 05, 2021
Tinneh:

hey bro I've been trying to convert my eth to xrp on luno so i can transfer to binance(p2p)....but it isn't going through
it keeps displaying amount not up to minimum
How much is that in NGN?
Re: Crypto Currency Investors Thread by Leezah(f): 10:53pm On Mar 05, 2021
Dizzyish:
I was thinking of buying $150 ethereum, $150 litecoin, 150 ada and 50 dogecoin long term, like for a year or more. Does it sound like a good plan?
No, the reason you here buying is to make profit, so determine at what percentage you will book your profit.

1 Like

Re: Crypto Currency Investors Thread by Leezah(f): 10:55pm On Mar 05, 2021
nihilistjnr:
https://cryptohayes.medium.com/pumping-iron-ae8a54a32ea2

Long read but very interesting take on the future of crypto
summarize

1 Like

Re: Crypto Currency Investors Thread by Tinneh: 10:55pm On Mar 05, 2021
billyG:
How much is that in NGN?
About 9500
Re: Crypto Currency Investors Thread by incogni2o: 12:29am On Mar 06, 2021
Leezah:
summarize

Not suprised, You name says it all...Lazy

5 Likes 1 Share

Re: Crypto Currency Investors Thread by Mamazi1(m): 2:59am On Mar 06, 2021
saiga:
Please can you add me to the telegram group


There was a program going on yesterday. So they locked the commenting. Hope it is binance Nigeria you joined. With 42,000+ members. The comments section is open now. Like I said speak to admins (BINANCE ANGELS) on the page, don't pay anybody for help and beware of scammers or people who will add you to strange groups.
Re: Crypto Currency Investors Thread by Notyamate(f): 4:03am On Mar 06, 2021
Tinneh:

hey bro I've been trying to convert my eth to xrp on luno so i can transfer to binance(p2p)....but it isn't going through
it keeps displaying amount not up to minimum

Change that ET.H to NGN

1 Like

Re: Crypto Currency Investors Thread by jedisco(m): 6:35am On Mar 06, 2021
Hafyz23:
Could you share what that is sir? What happened?

I noticed since last yr, there's usually a doge pump at the beginning of any major alyt rally. Traditionally, that's what doge does. It's pump signifies alyts will rally soon.

Not saying its must happen now as betece has been giving mixed signals. But it's a trade I was willing to take. I loaded between 0.48-0.5... Good enough entry for me... One I can easily set a stop on

1 Like

Re: Crypto Currency Investors Thread by jedisco(m): 6:54am On Mar 06, 2021
jedisco:
Just to chip in....

Looking at the Betece daily chart (first pic), we're still holding the 21ema at 48k for support. Main resistance above is the point of breakdown at 54k and ATH at 58k.

If the 48k support keeps holds today and perhaps next, then we should test the highs at 54k at least

As far as betece ranges between 48k-54k, then alyts should run.
We've seen before that once betece starts approaching support or resistance, alyts start bleeding as folks pullout because of uncertainty. I.e, it may not be a good idea holding alyts if betece starts approaching 58k as a selloff will kill alyts. I expect the 48k (21 daily ema) to be tested again before we exit this range (if we are to continue)

On an even higher timeframe (weekly chart- 2nd pic) we see last weeks candle wasn't a nice one.. So even though 58k seems close, exiting this range may not be as easy as it seems... Also a bearish divergence has formed.... In normal market times, such divergences can lead to a selloff to tge 21 weekly ema which is in the low 30k's but such divergences may not always play out in a bullrun. But it's one to keep an eye on.
A retest of the 21weekly ema (in a bull market) is usually where I deploy new fiat into the market.

The way I'm playing this is simple
If betece keeps the range, alyts should keep trending... It's relatively easy to play alyts now as levels are clearly marked out.
Look for coyns with good structure in usd and against betece. No need aiming for the moon without first breaking the highs. Also don't chase stuff that's done pumping.
Target significant daily/weekly or ATH resistance to take profits. If it breaks and holds ATH, you could reenter and ride for larger profits. The market is getting volatile and a move either way can wipe your profits so be smart.. having firepower to buy dips will boost your portfolio in such markets

Already, some of my tracked alyts hit resistance/ATH and I took profits (e.g Sushi) to re-enter on dips or breakouts.

Theta broke thru and held so I'm riding it and tfuel.
Some like Uni, vet are approaching significant resistance and I have sells placed..

Playing it level to level and always having firepower at the side. This is the time of the market to only buy support and have stops in place.

Still sticking largely to my earlier list and monitoring the trend. Finally, at the start of every alyt run we've had for the past year something happened... I'm waiting to see if that'd happen this tym.


Yesterday's finish was a nice one. A wick down below the 21ema at 48k (yellow line) with buying pressure pushing it up for a nice finish. I like to see that response at support.

Another good thing is that the 50 EMA (maroon line) is slowly creeping up. Almost at 44k now. This should provide a bounce area at least in the event of a push down.

Needless to say, I got into some alyts and happy with movement.. Looking to play this range (44k-54k) as stated before...

ONE and CELR have done well already. Theta is looking to retest its previous ATH which should be a good entry for it and tfuel.
Got my sell orders placed on VET. Will reenter on a flip of 0.6...

Not advisable to be in too many alyts. You don't need it to make money... Just identify those with good structure and range you want to play... Max of 5 for most

3 Likes

Re: Crypto Currency Investors Thread by billyG(m): 7:37am On Mar 06, 2021
Tinneh:

About 9500
They will not allow U to withdraw every thing b/C they paid charge too,keep reducing it & check what their gas fee is.
Re: Crypto Currency Investors Thread by lovinhubby2wife(m): 8:00am On Mar 06, 2021
https:///367dxrkj


ALCHEMIX is currently doing free airdrop so I heard, please use my link to join let's see if this actually works. If it does we'll be 0.5ALCX richer which is about 600usd.

So if you'd like to give this a try just join using my link.


https:///367dxrkj
Re: Crypto Currency Investors Thread by Nobody: 8:01am On Mar 06, 2021
Use referral lin k to get $10k as seen in the image below. Its tradable. https://spexchange.io/page/register?referral=43357

1 Like

Re: Crypto Currency Investors Thread by jedisco(m): 8:32am On Mar 06, 2021
prince57:
Use referral lin k to get $10k as seen in the image below. Its tradable. https://spexchange.io/page/register?referral=43357

The kind of stuff you scam folks write make me wonder if some of you ever finished primary school.

So if I register with your link, I'd get 10k usd... Lol...

That you get 1 or 2 dollars as referral bonus is not the reason to write such stories. Most folks would keep off and see you as a joke

2 Likes

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