₦airaland Forum

charly20:
Closed at breakeven. Whatever the reason for this excessive bleeding, i don't know

twosquare:
Some of the coins called out here have done top 10 gainers since yesterday and today... Pancake is taking the lead today...it remains RAD and AVAX...RAD, please do not disappoint.

Pristine664:
Check 1Earth on Kucoi.n and DYOR... It is currently in a buying area. The project sometimes do 10-20% in a day. I've been trading it since January. Your strategy may work for it perfectly.

Chikacha:
....and who are the losers?

twosquare:
Watching Ocean Protocol!

twosquare:
Entered $JOE...wish me luck...

Ejuna80:
For this particular trade how do I know the percentage gain? So sorry for my newbie questions

Ejuna80:
Hello please I have a binance account and would like to know which trade would give me 10% of my money if it goes in my direction. Is it spot trading or futures? Please educate me. Thanks in advance for your help.

Spiritualizt:
Thanks man I'd appreciate sorry, one more thing do you used stop loss or you buy low and when there's increase in %gain you takeout the profit?

Luckyss:
Please what time will US announce if they will default on their debt today?

Holladoyheen:
What would happen to your dollars u bought high if the new Nigerian government succeed with eradicating the multiple exchange rate and we swiftly fall to official rate N461.3 to a dollar.
That's a massive loss. However, I would still be happy if it happens.

Nigerian government would stop importation of fuel and it's likes (save millions of dollars monthly)
Export fuel (strengthen naira)...

What are ur thoughts and views as regards this, pls share.

Spiritualizt:
do you invest on dex or cex? I like your system how much do you think I can start with currently having $120 do you think is enough?

twosquare:
Watching
$Pancakeswap,
$Livepeer (want this to go down a bit by some points),
$RIF, $RAD (still high but should drop low a bit before entry) and
$AVAX (love this, stable).

DYOR.

XaToXi:
If they doubted the person who said he was making 1% steadily, why won't they doubt your 2-10% ?

Chikacha:
I don't think it an abuse. It is okay to share how you make it and how sure you are about it. But we also have to make sure it is clear enough that it is all trial and not a financial advice. Otherwise, newbies will be tempted to contact anyone who sounds like they know what they are doing. History shows that such newbies become exploited.

Before that Bro saved us with his 100 USD, that was all we had here.

SINisSIN:
No one is abusing you. The guys that commented above are just trying to caution traders here because of of all these scam stories left and right.

For instance, I have done transactions worth millions of naira with Omobola121 and she always delivered without issues. Infact, she was one of the best exchanger I have transacted with so far. Always fast with payment and no stories.

But now, someone just reported she is owning him some fund and she is not communicating with him concerning the said fund.

Their point is no one is to be trusted 100%. Life happens like the above username said and putting up sweet stories of how you are making money is not necessarily.

Personally, I can't never show anyone where I'm making money. Let me be making my money and everyone should find their level too.

And yes we are not ready for this conversation. 70% of traders here are not making tangible money in crypto now but let's leave the conversation.

twosquare:
$NEO is a good coin to watch...best for trading...Chinese narrative...the ethereum of China...

xynerise:
Got Multi at 9% up earlier today. Now it is 29% up

Chikacha:
No, but that is what I am saying to you cause my stable income is much better than crypto. At least for now.
I cannot leave that for crypto micro trading. It cannot be profitable.

Chikacha:
I am not against micro trading and profit, I absolutely get your point. But the real deal is that with that micro trading if we have not made our 1.5 till now it is just hanging on and not profit.

Yes, I agree that profit is subjective especially if you have a business or you are a corporation but no matter how subjective and flexible people are, they still come down to profit reconciliation. You reconcile your time, energy, and expenses, including opportunity cost! (na only God fit help us for that one).

405k is a lot of money for a month but at what cost and how consistent. If the time that we put into making 405k is eating into our consistent income, it becomes a loss. Hence, if profit for you is having cash at hand, then you are good but if profit for you is generational wealth, don't even think about balancing things because na heart break.

I have decided not to mention the wearing and tearing of emotions on our bodies.

Remember, whenever you trade, if it dips and you add more money to average down, when next you sell you must account for that extra DCA before calling the profit. At this rate, only people saying they made profit are in profit while the most of us keep wondering why we don't.

doyin01:
Quote me when you are certain and not dealing with probabilities.....nothing like "if "..

Chikacha:
Ogaa Twosquare, there is no in-between oo. You are either making profit or you are not.
if we stared trading since January till now and we have not doubled or tripled that money. We are just surviving and not making profit.

I think that to breakeven is to double your money and profit is when you breakeven after pulling the capital, so from 1.5x.

I am not counting all the time we invested in analyzing and looking at our screens.

100% agree with your last point there. If after all this suffering we have not learned to retain money, then....


UPDATE
Assuming I bought something for 5k and then it dip to 1k, if i sold it for 1.5k and tripled it in PEPE, I am still not in profit.

doyin01:
If you are still making money ,then the 1000$ capital should have been raised all these while that you said you are making money.. .if no 1000$ capital to start trading..then you have not made money...