Shaping up to be a green day heading into the weekend. Stay SAFU

johnboba:
Someone advise which crypto is likely to increase apart from Btc and etherrum

Near coin. But the car don start dey move. Do your own research and if you're convinced, just be observant and look for an entry point. Did a lot of research about it, this project is definitely going to be big, currently number 17 on coin market cap. This past few days I've been dca on it, entering on pullbacks. I'm not asking you to take this from me cause I'm not a financial adviser, and if you're taking it it's by your own free will but first do your own research before anything.

dynamike:
Near coin. But the car don start dey move. Do your own research and if you're convinced, just be observant and look for an entry point. Did a lot of research about it, this project is definitely going to be big, currently number 17 on coin market cap. This past few days I've been dca on it, entering on pullbacks. I'm not asking you to take this from me cause I'm not a financial adviser, and if you're taking it it's by your own free will but first do your own research before anything.

Now 16. Checked after writing this post.

Were likely gonna get some pullbacks down to the 39600 range.

Babalakin:
STG

My man I love how you see potential in that coin.. i love it so much!

Wish e fit reach 90 cent so i go put all my bags in it!

myonekobosay:
Were likely gonna get some pullbacks down to the 39600 range.

Traders that bought the last dip have started taking profits.

E Belike Say na Kucoin, gate.io and Mexc get all the potential gems o and lowcap coins, Plus shitcoins lol.

Garrydosky04:
okay boss message me on oceanfinanceloans01@gmail.com

when someone ask you to dm him or her in this forum ....my people kindly Ignore

Some people no get shame again and they don't want to hustle....

All they know how to do is to beg and beg and beg.....

This forum is turning to something else

Tyche:


Bought $ref on that news last night and it's already 25% up. $pad is another good token to keep eyes on but it's on sushisawp.
$ref is on gate.

It's was a high risk play that's why I didn't talk about it.

Ref done 2.2x. Capital and Easter money pulled out. Anything e wan do, make e do am

And today is my big day... Happy birthday to me, even though STG want send me go village

I know this new year na cash out steady. Btceee abeg light up the day biko

Shiba Inu's Metaverse begins selling land to investors https://toptech.com.ng/shiba-inu-opens-up-shib-metaverse-with-early-access-for-land-purchase/

You can never be wrong. I have a heavy stash already. They've got a lot going on in their Ecosystem. Will be stacking more with profit from other entities. Being greedy when others ain't interested remains my scheme. We ride or die

iLegenddNoReply:
A spirit keeps telling me to sell my grandfather's house and use the money to buy ICP. Still thinking.

Bornbiafra:
when someone ask you to dm him or her in this forum ....my people kindly Ignore

Some people no get shame again and they don't want to hustle....

All they know how to do is to beg and beg and beg.....

This forum is turning to something else

Person wey get no go beg


Boss u get money... Try dey help na....

Economy don worse.... Givers never lack

Samakus:
Check out these coins on mexc.

1. CloneX= currently $0.058 (eth nft with total supply of 20k and maximum supply of 5m)

2. DDDX = currently $0.38 (PoS with maximum supply of 10m)



DYOR

Can see that DDDX is a new decentralised exchange with AMM. But please can you tell me what makes it different from other AMM? Thanks.

johnboba:
Someone advise which crypto is likely to increase apart from Btc and etherrum

BNB and GLMR will increase

I think to get in on a project at launch or prelaunch stage is far Beta and rewarding than holding for year's after d Coin must have been listed on exchanges.

Moses247:
I think to get in on a project at launch or prelaunch stage is far Beta and rewarding than holding for year's after d Coin must have been listed on exchanges.

There's also a risk of the Devs abandoning the project before listing or even launch. Everything has risk

?

Prayfortheworld:

My man I love how you see potential in that coin.. i love it so much!

Wish e fit reach 90 cent so i go put all my bags in it!

na the prayer bro.. sub $1

Sol Nft

Try and grind wl so you can sell wl token for profit

Join with discord app, click link: https://discord./jxpgu88p

iLegenddNoReply:
A spirit keeps telling me to sell my grandfather's house and use the money to buy ICP. Still thinking.

Boss I have a question to ask, Like this icp if I stake the coin will it affect it positively or negatively?

Sunndaywillie:
use hotbit ETF

It's safe a little than binance futures

That's a good starting point

I want to bookmark this here...

ETFs Is Better Than Spot+Contracts!!!
Hotbit Leveraged Index Product: DEFI Index
Lecture 6: Suitable Scenarios for Leveraged ETF
Lecture 5: Trading Fee of Leveraged ETF
Lecture 4: Rebalance Mechanism of Leveraged ETF
Lecture 3: Price Mechanism of Leveraged ETF
Lecture 2: Advantages of leveraged ETF
Lecture 1: What is leveraged ETF?
Leveraged ETF FAQ
Announcement Regarding the New Launch of DUSK1D5L, DUSK1D5S, RLC1D5L, RLC1D5S, BINARYX1D5L, BINARYX1D5S, WOO1D5L and WOO1D5S on Leveraged ETF Area on April 14th, 2022
See more
ETFs Is Better Than Spot+Contracts!!!
Avatar Hotbit Customer Service
2 days ago Updated
After several months of restructuring, the crypto market came back to 2T USD in March. Numerous data indicate that the market is bounced back, the bottom of the market is stabilizing, crypto market is ushering in a new round. In the financial field crypto market has been hotly debated all over the world in the past few years, this market with blockchain technology as an "engine" independent of the traditional financial system is profoundly affecting the future trend of technology finance.

In essence, the development process of crypto finance is an alternative innovation process to traditional finance.



In the early days, the exchange only provided simple spot trading services, and the service was simple. However, investment targets increased, such as contracts, leveraged ETF, and options trading due to the continuous increase in market demand . Those services meet the diverse needs of users. The leveraged ETF should be the biggest innovation.



Leveraged ETF almost combined all the features of spot and contracts (leverage returns of contracts, bi-directional, no guarantee deposit, and never suffer margin closeout), leveraged ETF track the rise and fall of a given target asset. The range is about three or five times the market of the underlying asset. Unlike traditional leveraged trading, users do not need to pay any guarantee fee when trading leveraged ETF and can achieve the purpose of leveraged trading by simply buying or selling tokens. Each leveraged ETF product is backed by a contract position, which is managed by the platform fund manager. This allows users to easily build their own constant leverage portfolios without understand the specific mechanics.



Advantages of ETF over Spot

Traditional spot only supports one-way trading without leverage, so there is no profit comparability with ETF. The only difference between ETF and traditional tokens is that ETF come with leverage properties, which similar to leveraged tokens, it can track a specific times of the target’s daily return (e.g. 3 times), which refer to the underlying asset (e.g. BTC).



If the BTC price rises by 1%, the net value of the corresponding 3x leveraged ETF product will increase by 3%; the net value of the corresponding -3x product will decrease by -3%.

If the price of BTC falls by 1%, the net value of the corresponding 3x leveraged ETF product will decrease by 3%, and the corresponding net value of the -3x product will increase by 3%



Compared to spot, ETFs can be traded in both directions, buying long and buying short can be profitable under the premise of buying in the right direction. Another point is that leveraged ETF have higher asset utilization rate, and users only need to establish a currency position to trade without any additional margin.



In the real world, ETF can gain more profits than the literal leverage factor! Let's take ZIL on Hotbit as an example. In the spot trading zone, ZIL has risen from a minimum of 0.04USDT to 0.22USDT in the past seven days, increased 5.5 times.

mceclip0.png



In the ETF trading zone, ZIL1D5L on Hotbit rose from 0.22 to 67.12, been increased 304 times!



mceclip1.png



"If you bought 1000U spot a week ago, the maximum profit was 5500u; if you bought 1000U ETF five times a week ago, the maximum profit was 304000u; the difference between those two is 55 times, not literally 5 times."



There is a huge gap of 55 times between ETF and spot returns, which shows the gap between different investment varieties. Leveraged ETF use the least capital to obtain the greatest returns, which is the significant advantage of ETF!



Advantages of ETF V.S Contracts



Leveraged ETF do not require margin and do not closeout, it can be traded in both directions and have leveraged returns like contracts. ETF have the advantages of perpetual contracts while avoiding the risky design of contracts.



We have explained the huge gap between ETF returns and spot returns, so what about the different return between ETF and contracts?



Taking ZIL contract trading pairs on other exchanges as an example, the increase in the last seven days is similar to the spot line, with a maximum increase of 4.8 times.

mceclip2.png

"If you bought a 1000U 5 times long contract a week ago and the contract price rose from a low of 0.047U to high of 0.23U, you can get maximum contract income of 24468U, but there is 12.4 times difference from ZIL1D5L,"



The biggest feature of ZIL1D5L is that you can re-invest the profit part into your position. In addition to changing the anchor price for each rebalancing, we will re-divide your profit in the product into the corresponding position again, assuming you buy 1000U For ZIL1D5L, your profit is 300U, when you rebalance for the first time, then your position will become 1300U after rebalancing, but the same contract position is still 1000U at this time. Your ZIL1D5L will make a profit of 1300*5u, while the contract can only make a profit of 1000*5u.



Therefore, it is obvious that when a currency is in a unilateral market, the profit of ETF products will be higher than the contract products with the same position. As the unilateral market continues, this gap will open up exponentially. If ZIL's surge continues for a few more days, the profit gap between ETF products and contract products will soon widen to more than 100 times, instead of the 12.7 times mentioned above.



As recovery of the market and capital flows in again, the cryptocurrency market will usher in a new round of surge. Currently, ETFs are the main business in many exchanges, but due to the position of their ETF products, they cannot be compared with some professional ETF exchanges in terms of service experience. Hotbit has deeply cultivated the ETF market in recent years, and its ETF product categories have reached hundreds, providing a wide range of ETF product services to users in more than 210 countries and regions around the world. Especially in the construction of the ETF market, Hotbit is sparing effort to exert its power to provide users with more high-quality ETF products to meet the trading needs of the majority of users!



Based on the lower transaction costs of ETFs, it is becoming more and more popular among users and has obvious advantages over other financial products in terms of improving the utilization of users' funds and expanding leverage gains. It is foreseeable that as the crypto ETF market continues to develop, it will become one of the mainstream tracks in the future!

Ebowo:

No try am o,,,run as fast as u can from hotbit ETF,,,they will make sure u get liquidated ,forget the pumps u see on the home page ,just do spot , hotbit get serious wahala,

Do spot on hotbit or BINANCE

Goldbw122:

Boss I have a question to ask, Like this icp if I stake the coin will it affect it positively or negatively?

Staking a coin doesn't affect a coin negatively

Well, the thing is, instead of leaving your coin sitting in your wallet. You could stake it to earn with it

Its like you are lending your coin to receive some interest on it

The value of your initial coin still remains the same

Hier:


Staking a coin doesn't affect a coin negatively

Well, the thing is, instead of leaving your coin sitting in your wallet. You could stake it to earn with it

Its like you are lending your coin to receive some interest on it

Thanks

dynamike:
Near coin. But the car don start dey move. Do your own research and if you're convinced, just be observant and look for an entry point. Did a lot of research about it, this project is definitely going to be big, currently number 17 on coin market cap. This past few days I've been dca on it, entering on pullbacks. I'm not asking you to take this from me cause I'm not a financial adviser, and if you're taking it it's by your own free will but first do your own research before anything.

Isn’t that a double top?

You will Call it FUD

taiocol:
I have beautiful pictures that could be minted and sold as NFTs, hit me up if you’re interested.



Checkout my photography https://www.nairaland.com/taiocol to see some

...

Sunndaywillie:
use hotbit ETF

It's safe a little than binance futures

That's a good starting point

Goldbw122:

Do spot on hotbit or BINANCE

From your bookmark, it's not too different from the 3L and 3S coins on kucoin, or the UP and DOWN tokens on Binance. Even FTX has BEAR and BULL types too.

The only advantage I see here is the 5X on hotbit, which makes it easier to get rekt.