Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,156,287 members, 7,829,650 topics. Date: Thursday, 16 May 2024 at 10:06 AM

XaToXi's Posts

Nairaland Forum / XaToXi's Profile / XaToXi's Posts

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 17 pages)

Investment / Re: Crypto Currency Investors Thread by XaToXi: 2:44pm On Dec 14, 2023
henrycryptmento:
*I'm growing a $5 account till middle of next year( June 2024)*

Two trades per day.

8 in a week.. *sat and Sundays off*

If you're in, let's go🚀🚀🚀
This is for people who have small capital to start with.

Dropping my personal trades in thousands of dollar may put some people off here.

Trades will be dropped here and all other platforms.

Just make sure you stick to the leverage, stop loss and take profit positions.

I'll open a $5 sub account and follow your calls as much as I can. grin

You can as well open a master/lead trader account on any exchange and make it easier for people to copy your trades automatically.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 2:43pm On Dec 14, 2023
Bea1234:
House, managed to increase my savings from 200k to 400k+ now, I want to invest every dime on crypto currency ($BONK)

should I go ahead?


I want to buy $bonk guys


Ileg.endd ib.ime seanw.illiams and other crypto gurus pls help

Better stick to what doubled your account.

Was it $bonk?

If you must do $bonk, spot is better because it is a very volatile coin. It can drop +30% in a day so more than 3x leverage is not advisable if you insist on futures.

1 Like

Investment / Re: Crypto Currency Investors Thread by XaToXi: 7:04pm On Dec 13, 2023
twosquare:
I can use x100 and x200, But it takes some mastery, good call, entry and analysis of where it will reach, bounce, and TP.

Using high leverages like this is not recommended for Isolated if you don't have enough capital you can add to margin to drive price down.

That is why most use Cross. I can trade $500 on Bitcoin with 300$ account and use x50, and liquidation price will be $12k or 20ks if I use x100, etc...all the while using only $10 to achieve this.

But any silly mistake with Cross will liquidate all your assets on that account.

That's why any newbie using this should not try it, coz it is dangerous if you don't know what you are doing, both TA and PA.

Using Cross with shitcoins...bye bye.






If you trade $500 with $300 margin, your real leverage is 1.67x even if you select 1000x as leverage and it will take a 60% pump or dump to liquidate you.

The higher the leverage you select, the lower the real amount it will use from the $300.

As the $300 decreases, your effective leverage and risk of liquidation increases.

1 Like

Investment / Re: Crypto Currency Investors Thread by XaToXi: 10:04am On Dec 13, 2023
My own 2 cents on losing money and money management.

A legend recently mentioned how he trades with 50 exchanges and how he manages to store all their passwords.

A much easier way will be to use sub accounts. One of the reasons I finally moved from binance to Bybit. The other reason was regular network time outs.

Instead of trading on 50 exchanges, you can have as many sub accounts as you want on 1 exchange and switch between them with fingerprint login.

Divide your capital into each subaccount and trade 1 at a time or as your strategy allows. Move to the next when you blow one with the wisdom from your last trades.

You can short in 1 and long in another. You can long in 1 and when liquidated, re-enter in the second with a better strategy.

You can use some for spot trading, some for futures, some for hodling, some for copy Trading.

Possibilities are endless with hedge mode and unified trading on each sub account.

Sub accounts are available on other exchanges too like mexc.

3 Likes

Investment / Re: Crypto Currency Investors Thread by XaToXi: 7:59pm On Dec 11, 2023
iLegendd:
There is lots of money for market markers to make if they push it down to 38.5k. I suspect they'll do it.

Corresponds with the CME gap at 38800.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 5:31pm On Dec 11, 2023
Update87:

Thank u for d response

I'll do that...but my concern is I'll be using bi...Nan...ce in the UK a lot (considering d preparation for d bull run)

Won't that raise an eyebrow for them?

Apologies for too much questions (I don't want a situation whereby them go lock the small change wey I get inside my account)


Once you pass the address verification, you are good to go.

You will also be able to use VPNs without issues.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 1:50pm On Dec 11, 2023
Update87:
Hello house...being in the UK for the past couple of months.
Got this mail this morning from bi. Nan. ce
Pls..any solution to this?

Follow their link and provide the required documents.

Usually a government issued ID that shows your Nigerian address, or a bank statement showing same.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 12:07am On Nov 25, 2023
SINisSIN:
Which traders are you copytrading on budget? My wife wanted to do copytrading on Binance but unfortunately it is not available for Nigerians now.

Maybe she tried when they first launched their own direct copytrading. It's now available for Nigerians both as copiers and as lead traders.

Before the direct option, they had another option through their partner TraderWagon.

Their TradingBots section has also always been available for copying spot and futures grids.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 2:30pm On Oct 30, 2023
Luada:


Heard of that how does it works

Check the picture on the post I quoted below:


XaToXi:
Binance now has a dca bot that can buy and sell automatically for you on spot.

Let's say you want to dca buy btc every 5% drop starting from $30k support and automatically sell at 1% or more profit using a trailing sell order, it will cost you $240 to dca into a 100% dip using the settings below.

Rinse and repeat.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 12:09am On Oct 30, 2023
Luada:

Wanted to ask if you have used it before, and what the profit margin

The neutral grid is good for sideways markets.

I prefer dca to grids.

1 Like

Investment / Re: Crypto Currency Investors Thread by XaToXi: 9:45pm On Oct 29, 2023
Zaphnath1:
please can someone explain this to me
and how can I use the binance trading bot

Watch YouTube videos.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 9:43pm On Oct 29, 2023
Luada:
Pls those that have used grid trading on binance if i off my internet connection will my trading stop.

No it won't.

It will keep running on binance servers.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 6:59pm On Oct 20, 2023
strangest:


Is it still going to go down? Is there a way to know all these things?


Or how about swapping for another crypto?

grin grin grin

In crypto, nothing goes up forever. Ask those who bought LOOM at the top.

Price correction is very certain.

About swapping, swap to usdt first and take your time to look for something else to buy

1 Like

Investment / Re: Crypto Currency Investors Thread by XaToXi: 6:46pm On Oct 20, 2023
strangest:
I had 126k worth of BTC, today's it's 172k... Please how do I maximize profit??

You can sell it now at 29500 or at 30200 and buy it back later at 28700, 28200 or even 27750.

3 Likes

Investment / Re: Crypto Currency Investors Thread by XaToXi: 2:12pm On Oct 20, 2023
Sibbb:
I’m trying out binance margin trade to short some coin unfortunately I can’t short, I can only long. Maybe I’m doing it the wrong way, is there anyone here trading margin and also shorting there. Please I will appreciate if you put me through

You couldn't short because there was no polyx available in the funding pool for you to borrow at that time.

You can avoid that situation by borrowing upfront using manual borrow instead of auto borrow.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 8:40am On Oct 13, 2023
Enyinne:
Thank u

Happy birthday.

Wishing you long life and prosperity.

More wins.

1 Like

Investment / Re: Crypto Currency Investors Thread by XaToXi: 11:43pm On Oct 01, 2023
twosquare:
#Bitcoin    - whats next ?

The big Sunday report, all you need to know:

It was an absolute crazy week once again, three weeks ago the perfect long order at $25.000 region that triggered, and this week the perfect long order that was triggered at 25.9k region exactly as mentioned in the last Sunday report. So for summary, we are right now in a big short from $31.000 region and in a long from $25.900 region.

🚩 TA/ LCA/ Psychological Analysis: As you can see in the chart BTC finally broke out above EMA50 daily as expected on Thursday. Afterwards I tweeted that I am expecting a retest of the EMA50 daily, and it retested perfectly as you can see on the chart, so what am I expecting to see next ?

There is a liquidity pool in the region of $27.600, I am more than confident that market makers will visit the target of 27.6k very soon to grab as much liquidity as possible. For that, I will add TP2 region in the area of the liquidity pool for the long from 25.9k region.

Last and final TP order would be in the region of $28.000 if market allows to visit. Remember that I will update this region most likely in the next Sunday report to be more specific of what Iam going to do exactly once visiting the target. We need to find psychological zones of greed and euphoria in the chart, I will go deeper with this topic in the next Sunday report. For now, it's more watching the chart and enjoy the profits. Indeed, those who placed their orders accordingly and have patience end up with profits.

Whoever follows me for a long time knows that I dont support any idea of any bias, neither if its bullish or bearish. Neither if its going against my trade, or supporting my trade. My analysis is only based on facts that is given in charts and psychology.

For that, I need to point out at the liquidity pool, that established this week in the region of $25,800 to $26,000. Last week, we longed BTC in that range. Now, we face a small danger, because of the liquidity pool that is exactly located in our long region. For that, if market drops the price to our entry again, no need to worry or panic, I will add up more longs in that region.

It's like a signal for us to consider longing again. This long order should only happen if the liquidity pool of $27.700 was not grabbed yet. If it first goes to $27,700 and then drops back to $25,800 - $26,000, I wouldn't long again in that case.

The only long that will happen in 25.8 - 26k region is, when 27.700 liquidity pool was not grabbed yet. If it was grabbed, there is no reason to go long in the mentioned reason. Understandable, right ?

In any case, both trades are right now in big profits, the short from 31k and the long from 25.9k region.

Remember to manage your risks accordingly as market is tricking you, to establish a fake "Bull" sentiment due to the ETFs. Indeed, all of them got delayed exactly as predicted.

There is no reason to be in rush, to call for a bull run, or similar. Please dont be a low IQ and educate yourself on how market dynamics work. Remember that the real bull market starts after halving in mid 2024 !

🗓 Important Events This Week:

Monday: Fed Chair Powell Speaks
Tuesday: //
Wednesday: //
Thursday: Unemployment Claims
Friday: //"

Happened so fast.

1 Like 1 Share

Investment / Re: Crypto Currency Investors Thread by XaToXi: 8:08am On Sep 26, 2023
Robnectar:


D USDt/Naira chat is funny, go check am on binance, nah BuLL run dey sup for there grin grin

If to say that pair dey futures ehn!
Investment / Re: Crypto Currency Investors Thread by XaToXi: 1:29pm On Sep 22, 2023
amajato:
boss can you explain how this works?

You can buy any amount of any coin you choose everytime it drops by a certain percentage.

It's called DCA - dollar cost averaging. The system will calculate your average buying price and then sell for the profit you want on everything you bought.

If you buy $10 btc at 27000, 26000 and 25000, your average buy price is $30 at 26k . If you want to sell at 1% profit, binance will sell the $30 for you at $26260 and restart the process. It works 24/7/365 till you pause or stop it.

The settings are very flexible and you will need to try it to understand it better.

You can dca every 1% , 5%, 10% or whatever percent dip you want and it will sell everything it has bought at the profit you specify on trend reversal.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 9:51am On Sep 20, 2023
DaemoLee:


The amazing fact is that no one talks about it anymore and we seem to b cool wit it.

I am not sure I can ever buy at this rate...

Yinmu.

We go still buy am at 1500 or 2k sef grin

4 Likes

Investment / Re: Crypto Currency Investors Thread by XaToXi: 9:00am On Sep 17, 2023
armadeo:
Futures sha!!!!!

Chineke!!!!!

Wetin happen?
Investment / Re: Crypto Currency Investors Thread by XaToXi: 11:18am On Sep 16, 2023
twosquare:
It's not that hard for 0.25 to 0.5%. There are coins that do that. We call them slow movers, and hardly dip when btc does which affects the market generally.


The big issue is, will you take profit when it reaches that 0.2 to 0.5%??

He doesn't even have to take profit himself.

Binance will take profit for him.


XaToXi:
Binance now has a dca bot that can buy and sell automatically for you on spot.

Let's say you want to dca buy btc every 5% drop starting from $30k support and automatically sell at 1% or more profit using a trailing sell order, it will cost you $240 to dca into a 100% dip using the settings below.

Rinse and repeat.

1 Like 1 Share

Investment / Re: Crypto Currency Investors Thread by XaToXi: 9:32am On Sep 16, 2023
seanwilliam:
my brother, crypto is harder than regular business .


Bro, just 0.25% gain daily , na him hard like this?
As in, no one has been able to give proper answer /working strategy on how to make that tiny % gain in a day . Abi , una sha no go talk say person greedy on top 0.25%😀😀. Omo x1000.

If crypto can’t give 0.25% gain daily , it doesn’t worth this risk .





Like I said, until bull run is confirmed , I’m out here.
The one wey I go put 100$ wey go give me x3000 in bull. Make God no let me miss am😀😀

It's not hard.

Someone has already given idea for 150% monthly and another person Steve was making 1% daily steady.

Maybe people are just not interested in helping other people make money. Before the OT go cast.

Especially when you subject them to interview on money that is not theirs.

Last last, all man for himself.

DYOR
NFA

2 Likes

Investment / Re: Crypto Currency Investors Thread by XaToXi: 7:45pm On Sep 03, 2023
twosquare:
^^ The comment above is solely my opinion. You still need to do your own research.

On the second note, why do people invest in this kind of project sef? SMH

But it has potentials if it can reach its ath again in a bull run.

He probably said so cos of recent news.

Seems it's bouncing a bit now though since it has support around 0.01566.

If that support doesn't hold, OYO!

Investment / Re: Crypto Currency Investors Thread by XaToXi: 1:25pm On Aug 24, 2023
Chikacha:


I want to say that I make a single trade of RANKERDAO monthly where I make over 80 to130%. Within 3 days of the trade, I would have reentered at my previous buying price or less...but it would sound misleading and ridiculous since it's not BTC.
Frankly, I expect it to die at anytime, so I won't say it.

You've really come far.

A few months ago, you said on this thread that it was impossible to consistently make 1% daily average and here you are making 80-130% monthly.

Kudos.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 10:04am On Aug 24, 2023
yemmit90:
Having read all the arguments here, if you really love your self and your investment, trade only bitcoin and leave all those shitty alts alone. Alot of these projects has been abandoned by the minners, you just keep investing in coins that will keep wasting your money whether bitcoin rise or fall. They rewards big but dangerously manipulated. Crypto market has been designed in such a way that only bitcoin and other major coins are viable now. Bitcoin is never like before that you will have a bull and bear market, it seems being float now, it has never gone down big or up like previous market conditions. For instance, since 2016 I stated, all the alts I knew including the recent ones has lost more than 10000%, and bitcoin has gained more than 400% during the same period.

Majority of us use small money to trade, reason you think you can't make it big from trading bitcoin alone. Between yesterday and now, you should have made not less than $34, if you trade bitcoin with just $1k. Besides, there is no day bitcoin don't make at least $300 interchange movements that you can take advantage of even with your lesser capital.

These are the major coins you should deal with because they align wuth bitcoin movement.

BTC, ETH, LTC, SOL, BNB and USDT trading.


In addition to this, $34 on $1000 is 3.4% daily or 102% monthly ROI trading on spot. No bank gives this.

If that is too small, just note that btc will hardly pump more than 10% in a day or 30% in a week, so you can safely trade it on 3x to 10x leverage max to increase the returns stated above.

There are tools on binance you can use to auto dca and auto take profit.

1 Like 1 Share

Investment / Re: Crypto Currency Investors Thread by XaToXi: 11:21am On Aug 10, 2023
Icecream4U:
Short $btc

Entry $29,567

Take profits $25,225

Stoploss $30,451

Leverage 10x

If this trade hits stoploss, you will lose 30% of your margin


Good luck

$29,567 X 1.1 = $32,523.7 liquidation price.

Highest price of btc this year was 31850 so chances are very high that this trade will go positive before reaching 32k talk more of 32k5.

Personally, I'd wait for it to go green before putting a SL in the profit zone rather than risk getting SL hunted. Just saying.

If you enter this trade with 50% of your capital, liquidation price will be 35480.4

1 Like

Investment / Re: Crypto Currency Investors Thread by XaToXi: 8:44am On Jul 29, 2023
narite:

Lol….This is hilarious.

Anyways, I am still patiently waiting to make just $1 dollar gain from this cryptòò thing. Just throwing this out there, it been in my head all month.

You didn't make any profit this month?

What and what did you buy ?

When and at what price?
Romance / Re: His Girlfriend Says She'd Rather End The Relationship Than Leave Her Male Bestie by XaToXi: 4:19pm On Jul 22, 2023
nkemdi89:
I have a bestie of over fifteen years he is married now, but we still communicate despite the distance , some bestie are more like family.

And he never saw your pants?
Investment / Re: Crypto Currency Investors Thread by XaToXi: 5:01pm On Jul 21, 2023
twosquare:
They will....I remember mistakenly using US location to enter Binance, it stopped me right in the track....

So, I will advise him to just use location apart from US on his VPN, unless he really needs the US for another thing simultaneously.

When they were disturbing me, they asked me to verify my address.

I did and they stopped disturbing me thereafter.

Of course, Binance app might not work in countries where it's restricted, but they won't threaten to block your account if you do address verification.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 3:50pm On Jul 21, 2023
Sibbb:
I need an app to restrict me from opening my Binance at one click, I have been warned not to open my binance from restricted locations like the US. The problem is I use vpn a lot and most often times I open binance when vpn is on. This is my last warning else my account with be blocked

Do address verification (Verified Plus) or level 2 KYC and they won't disturb you again when using VPN.

4 Likes 1 Share

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 17 pages)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 105
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.