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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3851738 Views)
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Re: Crypto Currency Investors Thread by OffsahBoye(m): 6:51am On Jul 11, 2022 |
Geovanni412: Xau/usd Thanks besides |
Re: Crypto Currency Investors Thread by gammarays1: 6:53am On Jul 11, 2022 |
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Re: Crypto Currency Investors Thread by deflover(m): 7:46am On Jul 11, 2022 |
we should be seeing another round of lows btc will do an extended low to $14077 after that we may see some recovery the 7th candle method for bull has failed again so we should see some bear continuation so all coins will go lower from this week the correction is expected next month not now 2 Likes
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Re: Crypto Currency Investors Thread by samuelgodson(m): 7:55am On Jul 11, 2022 |
Good morning house ......hope we all slept well ........I would like to know d effects of increasing margin on an existing trade.......does it work with d initial entry point I place d trade on or does it use a new entry point..... Thanks |
Re: Crypto Currency Investors Thread by Florasilver: 8:02am On Jul 11, 2022 |
samuelgodson: Are you talking about futures or spot or forex? |
Re: Crypto Currency Investors Thread by samuelgodson(m): 8:46am On Jul 11, 2022 |
Florasilver:futures sir |
Re: Crypto Currency Investors Thread by Florasilver: 8:58am On Jul 11, 2022 |
samuelgodson: Ok, in futures For long position * When already in profit, an increase in margin size will take your entry point higher e.g. from 0.0100 to 0.0150 * When still in loss (red) an increase in margin size will take your entry point lower e.g. from 0.0100 to 0.0085 The opposite applies to short positions Trade with caution cos increasing your margin also increases your risk |
Re: Crypto Currency Investors Thread by hexenbiest: 9:06am On Jul 11, 2022 |
moshuur:Future is like a Loan, they give and take. If you don't mind you can also trade on https://yellowcard.io/ and be among the top five traders to win $100 weekly. |
Re: Crypto Currency Investors Thread by Ballzproblemm: 9:29am On Jul 11, 2022 |
deflover:omo you just don't give up do you ,you Don comeback after things cool to sell your TA again ,this time I won't attack you cause ,many people choose to be gullible on this thread ,so their portfolio their business 1 Like |
Re: Crypto Currency Investors Thread by samuelgodson(m): 9:49am On Jul 11, 2022 |
Florasilver:thanks a whole lot boss........by what u said here ....... I actually short the market and I'm in profit........ If I increase my margin it will take entry point from like let's say 21,550 to 21,000......just to be sure I understand properly .....again thanks a lot |
Re: Crypto Currency Investors Thread by XaToXi: 10:01am On Jul 11, 2022 |
samuelgodson: Adding more margin without increasing the amount of coin bought reduces your effective leverage and improves your liquidation price. Entry price stays the same. Adding more more margin by buying more units of the coin gives you a lower entry price if you buy cheaper and a higher entry price if you buy higher. You might also be at higher risk of liquidation if you buy higher. 2 Likes |
Re: Crypto Currency Investors Thread by Omobola121(f): 10:03am On Jul 11, 2022 |
Since you are in profit already, take part out of the profit and leave the rest running. I don't see any need increasing margin. This is what futures does...tempting!! samuelgodson: 6 Likes |
Re: Crypto Currency Investors Thread by XaToXi: 10:15am On Jul 11, 2022 |
samuelgodson: What are you trying to achieve by adding more margin? More profit? Or less risk of liquidation? The only way to improve your shorts will be to increase the entry point from 21550 to 22k or higher and you can't do that since it's already in profit. Your best bet is to put your stop loss in place now. At entry point or lower to be in profit. Then you can create new orders with the money you want to add above your entry price or SL. This will allow you close the current deal in profit and then open new shorts at a better entry price. Adding new shorts below your entry price of 21550 will reduce your entry price to say 21000 or lower and increase your chances of liquidation if your short at support. 1 Like |
Re: Crypto Currency Investors Thread by Titanium001(m): 10:25am On Jul 11, 2022 |
Good morning everyone Please does anyone have experience on transferring usdt from kukoin to bnce? Google de teh me jargons |
Re: Crypto Currency Investors Thread by Omobola121(f): 10:31am On Jul 11, 2022 |
Click on withdrawal on Kucoin Select USDT Choose network (use TRON network) it is cheaper. Go to binnace, click on deposit, choose usdt, copy your Tron network address. Go back to Kucoin to paste the address. Confirm the withdrawal You will get it on binance btw 5-15mins. Titanium001: 8 Likes |
Re: Crypto Currency Investors Thread by Pk01(m): 11:43am On Jul 11, 2022 |
Omobola121:thanks for this explanation..please I have a question ,let assume I buy xrp/usdt on kucoin and I want to send it to binance.. what is the mode of transfer.. Bep20,trc20 or which one is the suitable and less charges |
Re: Crypto Currency Investors Thread by Niswayne19: 11:48am On Jul 11, 2022 |
If you wish to trade BTC then use Yellow card
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Re: Crypto Currency Investors Thread by rogerjames39: 11:55am On Jul 11, 2022 |
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Re: Crypto Currency Investors Thread by JonathanObi(m): 12:16pm On Jul 11, 2022 |
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Re: Crypto Currency Investors Thread by Titanium001(m): 12:22pm On Jul 11, 2022 |
Omobola121:Thanks, boss. That means I need to buy some tron as gas fee |
Re: Crypto Currency Investors Thread by macphilip: 12:23pm On Jul 11, 2022 |
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Re: Crypto Currency Investors Thread by leobergy(m): 1:02pm On Jul 11, 2022 |
Florasilver: Pls can I edit my stoploss and take profit options after executing any order on binance futures? |
Re: Crypto Currency Investors Thread by samuelgodson(m): 1:17pm On Jul 11, 2022 |
Omobola121:kk boss..... I'm just playing with d thing to understand it better.......thanks boss |
Re: Crypto Currency Investors Thread by Kingsteve(m): 2:14pm On Jul 11, 2022 |
The bulls must not allow the bears to reign supreme, at least for today's trading session. The bulls need to maintain a higher support in preparation for the US CPI report coming out this week. If BTC maintains a higher support, which will aid in taking price upwards, then the next wave of negative FA shouldn't take a full blown hit on the price of BTC. In summary, the bulls must defend these new support areas at $20.2k/$20.3k and endeavor to regain lost grounds. The bulls have fought well, and must not give up grounds thereby taking us back to square one. Let's see how today's trading session pans out. 3 Likes |
Re: Crypto Currency Investors Thread by Sucremaque: 2:25pm On Jul 11, 2022 |
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Re: Crypto Currency Investors Thread by Florasilver: 6:17pm On Jul 11, 2022 |
leobergy: Of course |
Re: Crypto Currency Investors Thread by Florasilver: 6:22pm On Jul 11, 2022 |
XaToXi: Exactly. That actually came to mind after I responded earlier. Beefing up the margin without new purchase will not affect entry point, it will instead increase the gap for liquidation price. Increasing margin via additional purchase is what will shift your entry price. 1 Like |
Re: Crypto Currency Investors Thread by Florasilver: 6:25pm On Jul 11, 2022 |
samuelgodson: Pls if already in profit, try to take some profit as u go, while moving your stop loss for what's let, or at least put your stop loss at entry point. The profits u see now may not be there the next hour. 1 Like |
Re: Crypto Currency Investors Thread by Khayceeofficial(m): 6:38pm On Jul 11, 2022 |
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