₦airaland Forum

jedisco:
Remember this. Xlm has done roughly 8% since this post and 14 % today yet folks keep waiting for xrp... I wouldn't be surprised if it goes on another run.

They're brothers but one has shown itself to be more sensible than the other. Compare their weekly charts. One has done x4 since early December and is preparing for another run.. The other is stuck in the doldrums.

Sure xrp will still move... Everything is moving... But on a dip like this, you want to get into strong projects with potential for good upside... The bullrun wouldn't last forever.... Maximize it while you can... Remember when betece corrects, everything does

jedisco:
Sxp has crossed the 1.20 level... A flip of this level should take it to 2 in the coming days. That said, please don't buy a coin that has done 20% in a day

Bought some at 0.8 amd may take profits and reenter if it holds

condomuser:
B.i.tc.oin hits - $30,695
E.t.her hits - $1250

JoelMurray2020:
After loading your binance account with naira, go to 'market.' Use the search option ontop and type 'usdt.' You'll thereafter see several results under usdt. Identify the one that is 'usdt/ngn' and click on it. Then click on 'buy' to purchase usdt. Fill the order options as you so desire and click on 'buy usdt.' In time youll have usdt sitting in your binance wallet. Thereafter you can search for your preferred coin and purchase with usdt. I hope this helps.

bradwilli:
You guys be careful of Luno. They are thieves. How can i be locked out of my account. I cant login or attempt to change password. They are thieves, be careful

EseAbed:
Yea, it's quite okay! Their fees are damn low. But they've got lesser coins than Binance but more than Luno, They've not got an inbuilt graph/chart to study the market (Luno has this, Binance does too(even more advanced), The 'limit order', 'stop-limit' and 'OCO' are missing there also. These are the only things I've noticed since I recently just relocated to Binance. The Elders in the house can add more.

The only thing I did love and will miss although is their low charges!

A

EseAbed:
Are withdrawal charges on Binance usually this high? Abi I'm doing something wrong?? Cos #300 for 5k is much o !!

Bundle was charging only #50 for every withdrawal to bank account

jedisco:
Oops... Buy high, sell low. You literally sold the bottom..you remind me of myself when I started. How are you sure betcoin will not give u another chance to buy at 29-30 in the coming days?

That's why I advise folks against day trading. If you're not skilled, you get caught in that trap if you don't see the big picture.

You made at least 5 mistakes which are
1. Panic sell- self explanatory. This is very different from cutting your losses when things don't go your way. That is risk management while this is giving your money to the market

2. You sold into support- in this space, never sell into support moreso a very strong one. If you want to sell, do that after it's lost support and confirming it as resistance.

3. You followed the crowd- in this space, market sentiment is key. It almost never fails. The majority are ALWAYS wrong at the extremes of a trend. They may be right when the trend is in play. There are people I follow on Twitter to guage market pulse. Once I log in and most are saying eith will pump, I just know it wouldn't. You should profit from the sentiment and not be the sentiment others profit from.

4. You buy on red days not sell. This is tricky so you don't try to catch a falling knife. Betece doesn't dump 10-15% everyday. Ask yourself, how much lower can it dump before you panic sell... Like I said b4, a proper dump will not give u the opportunity to sell once the trend changes... You'd see what I mean soon.

5. You didn't see the big picture- that's why most early day traders are eaten up by whales. Some new folks here just buy blindly, hope it goes up so they sell. That's the second easiest way to serve yourself as dinner in this space. Nothing moves up or down for no reason. To profit from the volatility, you have to have know where and at what level it's likely to move up or down. The first is trading leverage without risk management.

The big picture is simple.. between 20-29k is a support cluster. There's 28k, 25.5k, 23k and 20k. These would all be tested one after the other in a drop and it can bounce at any of them before continuing down. If you had this in mind, you'd see that selling at 29k wasn't sensible.. cos even if it continued to 25k, it'd likely bounce back to 29k before continuing down.

Don't feel bad about it. We all make mistakes.. the issue os not to repeat them.

bradwilli:
Today i decided to buy e th for 630k, the thing come fall. I want cry, na small remain plus the huge fees i pay.

Anowax:
Oga we have heard you nah. Stop spamming the thread with your adverts, unless you have some ulterior motive

NextD18:
Burna boy has a good international recognition more than any Nigerian artiste at the moment.

FlyHeight:
Before initiating withdrawals on Luno always verify your Acct at least to the second level, at the third level there’s no limits on withdrawals, and it’s almost immediate... I withdraw tens of Ms monthly and I’ve never been locked out

tammyboy1:
still locked

tammyboy1:
if you want to use luno, do all your verifications first before depositing any money to avoid stories that touch, I'm actually making moves to get my documents ready, would verify soon and withdraw all my cash from them ...

bradwilli:
Quidax is very easy,low charges and easy to work om

tammyboy1:
if you want to use luno, do all your verifications first before depositing any money to avoid stories that touch, I'm actually making moves to get my documents ready, would verify soon and withdraw all my cash from them ...

tammyboy1:
it's still locked oh, they said i should wait after four business days before they reply me, so I'm waiting

tammyboy1:
bro i wanted to withraw just 100k from luno this morning,but it keeps saying account is locked,contact support,I'm level 1 verified and i have only withrew 20k, max is 200k, so why lock my account so soon? I have actually deposited 200k tho, please what do you think is the cause? My hard earned cash is locked up there..

Gemineye:
will i get info on variety of crypto aside bitcoin there?

lovinhubby2wife:
I invested in Bitcoin and ethereum 2 days ago...
The value is just depreciating o, am I about to lose my 300,000naira? I thought they said it's growing

Gemineye:
Who knows websites where i can get cryptocurrency news, update and stuff

Ebowo:
That luno of an app is annoying, ridiculous prices,deposit that is supposed to be free ,u pay mtcteew! N other issues

tammyboy1:
bro i wanted to withraw just 100k from luno this morning,but it keeps saying account is locked,contact support,I'm level 1 verified and i have only withrew 20k, max is 200k, so why lock my account so soon? I have actually deposited 200k tho, please what do you think is the cause? My hard earned cash is locked up there..

Haykins2115:
Hello everyone,I will like to go into cryptocurrency this year,but I'm confused on which wallet to use,I have luno app on my phone but I'm stucked at the verification level just because I only have the temporary NIMC slip with me which they are not going to accept,so I can't use that for now.

But I was told to use Quidax app instead of luno due to their low charges and easier to use compare to luno,but I just want to ask the great minds here if the registration and verification for quidax is easy to do too,cos I only have that temporary nimc slip with me and not any other form of identification.

Thanks