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InvestmentRe: Crypto Currency Investors Thread by Sibbb: 12:22am On May 14, 2023
Emmizay12:
crypto trading is a personal journey, just go do your research and live with whatever results you get

if you still at the stage where another person's portfolio influences your trading decisions, you need to LEARN before you think to EARN
Nairaland is a forum and a forum is meant for discussions like this, sometimes itk nor good.
Well, I’m building on
MATIC
OP
Sol
Dot
Eth
Doge
Etc
BusinessRe: Elon Musk Names Linda Yaccarino As Twitter's New CEO by Sibbb: 4:09pm On May 13, 2023
Musk must dey shag this one, I trust that dude
PetsRe: Nigerian Man Throws Birthday Party For Pet Dog (video) by Sibbb: 11:11pm On May 06, 2023
Mumuity, They should swear in Tinubu fast, is like the country is becoming too comfortable for the youths
PoliticsRe: Ekweremadus: Those people can kill me, I want to remain in the UK - Nwamini by Sibbb: 2:09am On May 06, 2023
We have all been on this shoe before, in the process of making things right we end up getting ourselves burned, I pity the Ekweremadu’s
InvestmentRe: Crypto Currency Investors Thread by Sibbb: 10:53pm On Apr 12, 2023
Checking the 1week time frame both MA and EMA, Btc is highly bullish, only bad economic news will make Btc tank.
BusinessRe: Have You Ever Transferred Money To The Wrong Account? by Sibbb: 3:26pm On Mar 30, 2023
Yes I have, I think it was around 2019, I was supposed to transfer to my friend account because he was to bail his car, 150k, I tried using my app but the stupid app was misbehaving, I hurriedly drove to the nearest ATM, I wrongly put the last number without checking the names because the machine didn’t display receiver name, I think I used the wrong section for transfer. Long story short we discovered after 2 days, I went to the bank to make complaints, bank manager ask me to go take police and court report before they can check if the money is still in the receiver’s account. Luckily after some discussion with the bank manager he called the receiver, a lady in port harcourt. Good people are still in Nigeria, the money was still intact and she said she’s waiting for the sender to call and return the money. God bless her wherever she is now
InvestmentRe: Crypto Currency Investors Thread by Sibbb: 2:21pm On Mar 30, 2023
XaToXi:
Trading at 1x leverage is like trading spot, and there is no liquidation at 1x leverage or spot.

You can however have losses if the trade doesn't go your way which is why some people put SL so they can cut losses early and enter another trade. With proper R:R (1:3 or greater) you can come out in overall profit if you win more trades than you lose because your wins are bigger than your losses.

If you have $1000 and you buy btc with it on spot, it's the same as buying btc with it at 1x leverage on futures. In some rare cases, you might need to account for funding fees but you can hold that position at 1x for years without risk of liquidation, just like spot.

If you now decide that you do not want to trade with all your $1000 on 1 coin, you can use 2% of it at 50x leverage ($20*50x = $1000) to get the same $1000 position size. The remaining $980 serves as extra margin/collateral and as long as your debt is not greater than your collateral, you will not be liquidated.

However, if you decide to open more than 1 position with 2% of your capital each at 50x leverage, your effective leverage will no longer be 1x .

If all the positions you open do not use more than 2% of your capital jointly at 50x, your effective leverage remains 1x.

If you want to know the actual leverage you are trading on regardless of what you set, keep an eye on your risk %

In the pictures below, you can see that I'm actually trading at less than 5.2x effective leverage, no matter what leverage I select for that pair (5x or 25x).

My position size (debt/collateral ratio) determines my effective leverage (5.14-5.17x) not the leverage I choose (5x or 25x).
Got your explanation clearly, I thought you were using isolated margin. However it doesn’t erase the possibility of liquidation totally , it only helps to minimise it. Thanks for the explanation
InvestmentRe: Crypto Currency Investors Thread by Sibbb: 2:03am On Mar 30, 2023
XaToXi:
Olodo.

Position sizing is more important than leverage.

2% of your capital at 50x leverage = 100% of your capital at 1x leverage.
Is like I’m missing the meaning of liquidation, somebody please explain to me how I can never be liquidated if I trade with 2% of my capital at 50x, even 5x can be liquidated.
The 2% you use to trade, explain how it can never be liquidated, maybe I might start using the strategy.
InvestmentRe: Crypto Currency Investors Thread by Sibbb: 7:12pm On Mar 29, 2023
XaToXi:
You didn't read what he wrote weil.

You can never be liquidated if you use 2% of your capital at 50x leverage or 1% at 100x leverage.
Don’t say never, 50x is a high risk trade, even if you use 1$ in trading it, the risk is much.
If you are using 2% of your capital in trading that means you are not confident of your strategy and you are more of gambling.
I trade futures no more than 5x, and I use 80% of my capital because I trust my strategy and the risk is lesser , rosy management is key. Over leverage is like taking alcohol and driving on speed above 200km/hr
InvestmentRe: Crypto Currency Investors Thread by Sibbb: 5:18pm On Mar 29, 2023
randy01:
you loss much money because you want to make it overnight and crypto or Forex is not a get rich quick scheme.

I said trading 1-2% of your account.1% of $1k account is $10 and 2% of $1k $20 and I said opening future trade with $20 with high leverage on one-two percent gave rest of mind.

For example on my below screenshot with +618 percent profit I open it with$20 and I set stop loss to lose $9 if the trade go wrong inside$20 cuz I have no control over market and loss is bound to happen.when the trade get to +100 I close half move my stop to entry leaving$10 to run on the trade.when it get to +600.i close with+$60 profit.that +$70 on one trade.it depend on setup I get if it's look good I commit just 2-3% and if it looks like gamble I commit 1%.
50x and you say you are doing risk management, oga you are gambling, go learn risk management
CrimeRe: Emmanuel Odunlami Murdered By Robbers In UK Over ‘Fake’ £300k Watch by Sibbb: 2:32am On Mar 09, 2023
Andrew Tate do repeatedly complain of the violence, degrading safety and arm thugs in the UK, one reason he relocated from there
PoliticsRe: Atiku, Dino, Ayu, PDP Members Protest In Front Of INEC Office (Pictures) by Sibbb: 1:43pm On Mar 06, 2023
Haha, shey PDP say dem sabi rig, APC teach them RIGGING 419
PoliticsRe: APC Wins Two Senatorial Seats In Delta by Sibbb: 4:21am On Mar 01, 2023
Omo agege is our next governor
PoliticsI’m Shocked by Sibbb(op): 6:51am On Feb 28, 2023
After all that happened in the last 8 years I can’t believe some people still want their oppressors to continue punishing them
PoliticsRe: INEC Declares LP's Ginger Onwusibe Elected In Isialangwa Fed Constituency (pix) by Sibbb: 12:43pm On Feb 26, 2023
If you hear your name enter the house

Obi…. enter
Datti….enter
Ireti….enter
Labour Party … enter





The rest try next four year
PoliticsRe: Live Results From The Labour Party Situation Room As At 8am Today. by Sibbb: 12:14pm On Feb 26, 2023
Obi will definitely retire these set of politicians
PoliticsRe: The Biggest Winner Of This Election Is The North - Reno Omokri by Sibbb: 12:01pm On Feb 26, 2023
Reno is only trying to give himself little consolation, It is evident so far Obi as won, unit by unit, lga by lga, E go shock them
PoliticsRe: 2023 Presidential Election Results From Northern Nigeria by Sibbb: 7:16pm On Feb 25, 2023
Good job Kwankwaso, Obi has already won this election
CelebritiesRe: A.k.a's Death; 'anele Didn't Commit Suicide'- LATE FIANCÉ ANELE Tembe's Father by Sibbb: 4:45pm On Feb 19, 2023
Buharidgeneral:
So the killer will go Scot free
Let them both settle the scores in the after life.

Life should be tit for tat
PoliticsRe: Bola Tinubu For President 2023 Group Holds Roadshow/campaign Rally In Alimosho by Sibbb: 1:18pm On Feb 16, 2023
We need to beg or beat Tinubu supporters so their stupidity will not affect us for 8 years. Imagine adding another 8 years to his age, Omo we don enter
PoliticsRe: One Of These Will Happen If Peter Obi Don't Win - Picture by Sibbb: 1:16pm On Feb 16, 2023
We need to beg or beat Tinubu supporters so their stupidity will not affect us for 8 years. Imagine adding another 8 years to his age, Omo we don enter
PoliticsRe: Naira Scarcity: You Have Endured Enough, Vote Out APC Now, Saraki To Nigerians by Sibbb: 1:15pm On Feb 16, 2023
We need to beg or beat Tinubu supporters so their stupidity will not affect us for 8 years. Imagine adding another 8 years to his age, Omo we don enter
PoliticsRe: Obi: Can a political underdog save Nigeria? - Economist by Sibbb: 1:14pm On Feb 16, 2023
We need to beg or beat Tinubu supporters so their stupidity will not affect us for 8 years. Imagine adding another 8 years to his age, Omo we don enter
PoliticsRe: Oshiomhole Intervenes As Tinubu Throws Hands In Air At Rivers Rally (Video/Pix) by Sibbb: 1:13pm On Feb 16, 2023
We need to beg or beat Tinubu supporters so their stupidity will not affect us for 8 years. Imagine adding another 8 years to his age, Omo we don enter
BusinessRe: Nigerian Businesses Gradually Going Cashless (Photos) by Sibbb: 11:50pm On Feb 15, 2023
jedisco:
Photoshop.
Baba we need you for crypto thread seriously , is like the bear is over
FamilyRe: How Do I Politely Ask Her To Leave by Sibbb: 10:54am On Feb 14, 2023
sync:
Dear Nairalanders,
I’m in a dilemma and need your advice
There’s this friend of mine who out of the blue contacted me last year October asking for a favor to come stay at my place a couple of days since she had an interview in Abuja. I allowed in her without hesitation since I thought it was just going to be a few days. Fortunately, she got the job.

When she got the job in October, she asked me to pls allow her stay for two months before getting her place. My people, it’s been five months already and she’s still not making any moves to get her own place.

The problem really is I am currently jobless. She doesn’t contribute anything to the house. I am responsible for our feeding, gas, electricity, everything! And I do not have money. The little money I have is from my generous elder sister who has been my helper since I lost my job. Weekends she sleeps all through while I clean the house. I also do all the cooking. She doesn’t cook.

I am a light sleeper so I get up at any slight movement. This lady gets up between 3 to 4 times every night to use the restroom thus keeping me awake all through the night. This really has a toll on me. During the day she goes to the restroom between 14 to 16 times. She doesn’t contribute to buy foodstuff but she eats 4 times a day

What have I gotten myself into. Please how do I politely ask her to leave without hurting her feelings and savaging the relationship I use to have with her. I am tired, depressed and jobless!
You’re pleasing her and displeasing yourself, I’ve done that and I will tell you with all assurances it won’t end well even if you decided not to tell her to leave now.
I have learnt my lesson not to displease myself by pleasing others.
People hate the truth but you have to bold up and tell her to leave, tell her you can’t accommodate her any longer, give her a time frame to leave. Forget the saying nobody knows tomorrow, na quote to exploit people.
CelebritiesRe: Rihanna Is Pregnant With Second Baby, Reveals Bump At Super Bowl 2023 Halftime by Sibbb: 3:30pm On Feb 13, 2023
Texess:
But make she marry nah
.
Meanwhile at a cheap price DM me for your logo and flyer design
What is wrong with you people with marriage?
She is happy with her man, they are making babies and money
CelebritiesRe: Turned Down An African Singer That Made A Song With Ed Sheeran – American Model by Sibbb: 2:38pm On Feb 07, 2023
Na who bring this post to front page I blame
Music/RadioRe: You Thought You Could Win Another Grammy Without My Help? Diddy Mocks Burna Boy. by Sibbb: 2:47am On Feb 07, 2023
This publicity is good for him
CrimeRe: Most Trending Nude Pictures On Social Media Now by Sibbb: 9:21pm On Feb 05, 2023
Ikea81:
Ugly bitch!!!!
If I hear, u know thousands of guys wen don use d pix self-service off?
CelebritiesRe: May Edochie's Lawyer To Sue Instagram User For Adding Judy Austin To May's Photo by Sibbb: 11:21pm On Feb 04, 2023
Martinez39s:
How can you sue someone for photoshop? grin Am I missing something? If you don't like what you see on the internet, simply log out. It's that simple.
Yes it is possible, people are using the internet wrongly all in the name of catching cruise

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