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XaToXi's Posts

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Investment / Re: Crypto Currency Investors Thread by XaToXi: 10:22am On Mar 30, 2023
trafficpools:
you're trying boss, though the profit may be minimal but this is a huge capital protection strategy while making passive income! Henceforth I'll be going with this on future bravo!!!!!!!!!!!

Profit will be the same.

You are trading with $1000 position size in both/all cases.

2% at 50x = 20% at 5x = 50% at 2x = 100% at 1x
Investment / Re: Crypto Currency Investors Thread by XaToXi: 9:47am On Mar 30, 2023
trafficpools:
great wisdom there! I love this, I'll try it to see, but this can only be done through cross right?

Cross is easier.

If you are using isolated margin, simply use the add margin button to add the remaining $980.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 7:59am On Mar 30, 2023
Sibbb:


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.

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).

4 Likes 2 Shares

Investment / Re: Crypto Currency Investors Thread by XaToXi: 9:01pm On Mar 29, 2023
Sibbb:

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

Olodo.

Position sizing is more important than leverage.

2% of your capital at 50x leverage = 100% of your capital at 1x leverage.

4 Likes 2 Shares

Investment / Re: Crypto Currency Investors Thread by XaToXi: 7:04pm On Mar 29, 2023
lalalista:
how about the lunc u clamoured about? I bought it and it dropped drastically and didn't rise back

When did it drop for you?

Before or after DoKwon was arrested?
Investment / Re: Crypto Currency Investors Thread by XaToXi: 7:01pm On Mar 29, 2023
Sibbb:


50x and you say you are doing risk management, oga you are gambling, go learn risk management

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.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 12:29pm On Mar 29, 2023
Bet9jaVirtual:


Okay.
Been here more than you with a few years.
U can borrow some experience
I think the bull run might start soon

I'll always post and comment on this thread and keep my opinions
The market thought me some really crazy stuffs
Let me teach you something new.
Have you ever player poker or been to a casino?

You want to teach him how to turn $4k to $50k then back to $400?

grin grin grin

4 Likes

Music/Radio / Re: Mercy Chinwo - Confidence (Official Video) by XaToXi: 3:52pm On Mar 27, 2023
Copperfield:
I featured in this video...
I'm the label boss. Likes for me fellow Nairalanders

Is there a hidden story behind this song?

Has she left EZ Concepts?
Investment / Re: Crypto Currency Investors Thread by XaToXi: 4:02pm On Mar 25, 2023
Chikacha:


Bottom is in! cheesy

grin

2 Likes

Investment / Re: Crypto Currency Investors Thread by XaToXi: 10:16pm On Mar 19, 2023
XaToXi:


The retrace I'm talking of is the volatility that usually comes on or before big news release dates like CPI, NFP, FOMC, etc.

People will take profits before FOMC and stop losses will also be hunted.

As long as the news is positive, any dump that comes with it is a good buying opportunity.

After the preFOMC retrace we can have :

XaToXi:


Wrt to FOMC, I'm expecting:

0 bps : pump to 40/45k and usher in bull run
25 bps : pump to 32/35k to fill CME gap
50 bps : dump to 18500/19500/20500


50bps is ruled out so either of the options below may play out depending on how stubborn 32k is.

New ATH or new ATL.

Investment / Re: Crypto Currency Investors Thread by XaToXi: 9:52pm On Mar 19, 2023
GRACEGLORY:




What if it doesn't retrace, what plan do you have in place, sir?

The retrace I'm talking of is the volatility that usually comes on or before big news release dates like CPI, NFP, FOMC, etc.

People will take profits before FOMC and stop losses will also be hunted.

As long as the news is positive, any dump that comes with it is a good buying opportunity.

1 Like

Investment / Re: Crypto Currency Investors Thread by XaToXi: 8:23pm On Mar 19, 2023
Chikacha:


This may be the BTC dominance they were talking about. Funny how nobody seems to notice.
It feels like we know the circle but some how we fail to notice/accept when it plays out in real time.

Very spot on.

BTC dominance at play here.

When BTC is done pumping and starts to range, ETH will lead the alts into their pump. That will be a good opportunity to rotate btc profits into ETH and alts on the verge of breaking out.

BTC dominance is currently at 47+ now with major resistance at 49%

If it retraces, alts might be able to catch up. If it breaks 49% next major resistance is at 59%

Alts can only rally below 44% dominance.

4 Likes 1 Share

Investment / Re: Crypto Currency Investors Thread by XaToXi: 6:54pm On Mar 19, 2023
Emperor550:


Is it okay to buy now or wait for retracement ?
How long do you think this rally will last ?

Buying now will be FOMO. So :

DCA 27k support
DCA 25k support
DCA 20k support
DCA 18k support

BTC will still retrace, esp before FOMC on tue/wed.

I'm expecting it to still pump today and tomorrow though.

NFA & DYOR
Investment / Re: Crypto Currency Investors Thread by XaToXi: 6:20pm On Mar 19, 2023
ChngedChnges:
BTC doing the more you look the less you see grin grin grin grin

grin grin grin

28k broken.

29k na moi-moi.

32k next major target.

1 Like

Investment / Re: Crypto Currency Investors Thread by XaToXi: 7:04pm On Mar 18, 2023
GRACEGLORY:





0 bps



Come to think of it, even if Powell raises rates, more banks will crash, and more money will flow into Crypto

I'm hopeful for 0 bps as well, and 50bps seems out of the question.

It's looking like a win win situation for btc all around.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 5:43pm On Mar 18, 2023
XaToXi:


BTC will still get to 30k, but it might retrace a bit before getting there, especially with FOMC on tue/wed.

Personally, I'd take my capital out of the market if I needed cash then leave 25% of the profit as moon bag while rotating another 25% into promising alts.

Another 25% will be used to buy a retest of 24700-25500 support while the last 25% will be saved for a 30% dump to fill the new CME gap at ~20k or so.

Wrt to FOMC, I'm expecting:

0 bps : pump to 40/45k and usher in bull run
25 bps : pump to 32/35k to fill CME gap
50 bps : dump to 18500/19500/20500

4 Likes

Investment / Re: Crypto Currency Investors Thread by XaToXi: 5:28pm On Mar 18, 2023
Lordofalmajiri:
Bought 5k worth of btc when it was at 21k.. I've made good profit now. I'm thinking of taking it, Or should I wait for 30k??

BTC will still get to 30k, but it might retrace a bit before getting there, especially with FOMC on tue/wed.

Personally, I'd take my capital out of the market if I needed cash then leave 25% of the profit as moon bag while rotating another 25% into promising alts.

Another 25% will be used to buy a retest of 24700-25500 support while the last 25% will be saved for a 30% dump to fill the new CME gap at ~20k or so.

2 Likes 2 Shares

Investment / Re: Crypto Currency Investors Thread by XaToXi: 11:34am On Mar 17, 2023
BTC 3Day bullish MACD cross over.

See you at 30-32k once we break 27-27.7k resistance.

Investment / Re: Crypto Currency Investors Thread by XaToXi: 6:35pm On Mar 14, 2023
myonekobosay:
in at 26230. DYOR

Long?

You no wait for retrace?

1 Like

Investment / Re: Crypto Currency Investors Thread by XaToXi: 2:58pm On Mar 14, 2023
seanwilliam:
Now this is the thing.

We are not asking you to tell us what we should buy,
but just comment what you’re buying at the moment.

So some of us can take the risk with you .
Nobody should tell me dyor o, I no achieve anything with the research I do on my own abeg grin

I'm currently trading btc, bnb, sol, neo, magic, apt, hft, cfx, mkr, stx, snx, lqty short term.

Hodling btc, bnb and sol for mid to long term.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 11:02am On Mar 14, 2023
seanwilliam:

Don’t forget btc can -15% in a day too
While your piggy 13% stand tall grin



The way dem program this thing ehn, no easy money anywhere .

The wonderful thing about btc is that it can always recover just as fast as it dumps. Alts na another story.

See how 3 weeks of bear was destroyed in 3 days of pump.

Those days of bear are simply there to give you an opportunity to buy cheaper, or learn lessons in trade management.
Investment / Re: Crypto Currency Investors Thread by XaToXi: 5:05pm On Mar 13, 2023
XaToXi:


Yesoo. Anything can happen in crypto.

Will history repeat itself?

FTX Vs Silvergate crash looking very similar.

Nice recovery from btc.

More room left to hit 26k on the weekly chart.

CPI tomorrow.

1 Like 1 Share

Investment / Re: Crypto Currency Investors Thread by XaToXi: 8:44am On Mar 13, 2023
XaToXi:


Funds are SAFU. Panic over.

18k postponed for now.

[If 25bps is maintained then echo bull continues.

28k loading?

New CME gap also formed at $20060. FUD might take us there to retest support.

2 Likes 2 Shares

Investment / Re: Crypto Currency Investors Thread by XaToXi: 1:15am On Mar 13, 2023
XaToXi:


1. Weekly close

2. SVB already being auctioned. If they get a buyer tonight or latest by US opening, then things might stabilise briefly.

Funds are SAFU. Panic over.

18k postponed for now.

If 25bps is maintained then echo bull continues.

1 Like 1 Share

Investment / Re: Crypto Currency Investors Thread by XaToXi: 8:50pm On Mar 12, 2023
Mazinewmoney:
Then why this mini pump that we are seeing when we are supposed to see dump

1. Weekly close

2. SVB already being auctioned. If they get a buyer tonight or latest by US opening, then things might stabilise briefly.

1 Like

Investment / Re: Crypto Currency Investors Thread by XaToXi: 5:58pm On Mar 11, 2023
deborges:
Btc either go straight down to $18500 or visit $21800 region first before dumping down to 18500

Next is $18500

On point.

Will be waiting to go long if 18400 support holds or if 21700 resistance is broken.

Otherwise, na short I go short.

1 Like

Investment / Re: Crypto Currency Investors Thread by XaToXi: 5:55pm On Mar 11, 2023
Ammmy:
your oversabi too much jare. Na so u go dey claim

Btc actually got to 26000 on kraken as people rushed to convert their usdc to btc.

Investment / Re: Crypto Currency Investors Thread by XaToXi: 10:10am On Mar 10, 2023
XaToXi:


NFA.


CME 19800 gap closed successfully.

Where next? Liquidity pools marked in green.

NFP today. Probably already priced in.

Investment / Re: Crypto Currency Investors Thread by XaToXi: 10:01pm On Mar 05, 2023
Bullish99:


What if the lined up events would be positive for btc to brk 27k with fomo taking us up to 32k... This market get as e be

Yesoo. Anything can happen in crypto.

Will history repeat itself?

FTX Vs Silvergate crash looking very similar.

Investment / Re: Crypto Currency Investors Thread by XaToXi: 8:03pm On Mar 05, 2023
LikeAking:
Buy your crypto today and place a stop loss...

No come buy on Monday, Wednesday, Friday, etc.. And then u start complaining...


Good luck..

Be a blood trader..

$SSV,$FIS,$AGIX,$ZRX,$IOST, $RIF... Buy if they are below 5%

Powell to speak on Tuesday 7th and Wednesday 8th.

2 Likes

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