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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3671442 Views)
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Re: Crypto Currency Investors Thread by Tohmey(m): 9:38am On Nov 11, 2023 |
GRACEGLORY:I pray so coz $DOT have been sleeping all this while, my holdings for $DOT no be here o o under staking @7% per annum on Kucoin Make em better hit em ATH of $55 |
Re: Crypto Currency Investors Thread by Luada(m): 9:53am On Nov 11, 2023 |
Luada: |
Re: Crypto Currency Investors Thread by Tohmey(m): 10:34am On Nov 11, 2023 |
Mr. Luada crypto no be quick rich, maybe dem don tell you say na quick rich. Only you wan buy all the whole shit coin, trade future contract, trade future grid both the one wey we never hear you wan trade am join. Dey play. . . When you wipe all your capital na that time you go rest Or If you get excess cash better go invest in in BTC & Eurobond Use Value Averaging and thank me later 5 Likes |
Re: Crypto Currency Investors Thread by GRACEGLORY: 10:37am On Nov 11, 2023 |
Tohmey: Have no fear. Blockchains needs interoperability (DOT), just as oracle (LINK). |
Re: Crypto Currency Investors Thread by Tohmey(m): 10:42am On Nov 11, 2023 |
GRACEGLORY:Senior Man I hear You |
Re: Crypto Currency Investors Thread by ElectronicMoney(m): 10:54am On Nov 11, 2023 |
GRACEGLORY: What's the next point of resistance after this one? |
Re: Crypto Currency Investors Thread by Luada(m): 11:57am On Nov 11, 2023 |
Tohmey: Am aware it not a get rich stuff i have study the market for a very long time before venturing into it mr. Am not doing all the stuff you listed am only holding and trading futures. I ask so many question to learn and understand i have made looses and gains so far. Am just asking because i want to learn, it also seems you've been following me to know all about what i have asked before it kinda nice. I understand the risk in the crypto market, that why i don't jump into things i don't know. Thanks. 1 Like |
Re: Crypto Currency Investors Thread by Smithwilliams826: 12:12pm On Nov 11, 2023 |
Luada:I thought you said you understand future. If you do, you will understand spot. If you understand spot, you won't be asking if gas will pump because your chart will tell you. 2 Likes |
Re: Crypto Currency Investors Thread by sotall(m): 12:19pm On Nov 11, 2023 |
Smithwilliams826: ![]() ![]() ![]() Even Chart sef dey fail .. I remember when $SOL was at $38 Even right now some people are waiting for correction at this price of $55. And currently some people are still using chart to tell us bitcoin will come back to 20-something thousand before bullrun. I read so many TA saying there will be a correction and that $SOL was overbought.. Before you know it SOL pumped harder and we are currently at $55. 2 Likes |
Re: Crypto Currency Investors Thread by Smithwilliams826: 12:24pm On Nov 11, 2023 |
sotall:true. If chat dey fail how much more we. Make we just sit down they do ges work for gas price? 1 Like |
Re: Crypto Currency Investors Thread by sotall(m): 12:27pm On Nov 11, 2023 |
Smithwilliams826: Just buy any coin you are confident in. If it dips, you buy more to lower your entry level. So if you have $500 to invest in a coin, dont go all in. Buy $300 first, if it dips, buy $100 more. And if it dips go all in. 2 Likes |
Re: Crypto Currency Investors Thread by Smithwilliams826: 12:33pm On Nov 11, 2023 |
Re: Crypto Currency Investors Thread by Luada(m): 12:47pm On Nov 11, 2023 |
Smithwilliams826: Really quite instresting drama playing out here, i see. Don't get me twisted, i did'nt say i understand all that why am still asking. |
Re: Crypto Currency Investors Thread by Tohmey(m): 1:08pm On Nov 11, 2023 |
Luada:Allright bro. |
Re: Crypto Currency Investors Thread by Fastt: 2:09pm On Nov 11, 2023 |
GAS don GAS some ppl. 2 Likes |
Re: Crypto Currency Investors Thread by sotall(m): 2:56pm On Nov 11, 2023 |
$SOL running away like IDGAF ![]() 1 Like |
Re: Crypto Currency Investors Thread by sotall(m): 2:58pm On Nov 11, 2023 |
$GAS What a F! 3 Likes 1 Share
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Re: Crypto Currency Investors Thread by sotall(m): 3:00pm On Nov 11, 2023 |
Luada: Its time for you to buy gas...huge dip right there. 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by Hamachi(f): 3:03pm On Nov 11, 2023 |
All About Day Trading Day trading is a popular trading strategy in the markets where traders aim to profit from short-term price movements within a single trading day. It involves buying and selling financial instruments, such as stocks, currencies, commodities, or cryptocurrencies, within the same trading day, with the goal of capitalizing on price volatility. Here are some key aspects of day trading: 1. Short-Term Trading: Day traders open and close positions within the same trading day, and they rarely hold positions overnight. This approach is in contrast to swing trading or long-term investing. 2. Capital Requirements: Day traders typically need sufficient capital to trade comfortably, as they aim to take advantage of small price movements. This means having enough funds to cover potential losses and meet margin requirements. 3. Technical Analysis: Day traders often rely on technical analysis to make trading decisions. They use charts, indicators, and patterns to identify potential entry and exit points. 4. Volatility: Day traders seek out assets that exhibit significant price volatility, as these fluctuations provide opportunities for quick profits. Highly liquid assets are also preferred to ensure smooth order execution. 5. Risk Management: Effective risk management is crucial for day traders. This includes setting stop-loss orders to limit potential losses and using proper position sizing. 6. Trading Strategies: Day traders employ various trading strategies, such as scalping, momentum trading, breakout trading, and mean-reversion trading. Each strategy has its own set of rules and objectives. 7. Market Monitoring: Day traders need to closely monitor the markets during trading hours. They often use real-time news, level II quotes, and trading platforms to make informed decisions. 8. Psychological Discipline: Day trading can be emotionally taxing, as traders face the pressure of making quick decisions and managing the stress of financial risk. Maintaining discipline and emotional control is vital. 9. Regulations: Day trading is subject to regulatory rules, including pattern day trading rules in the United States that require traders to maintain a minimum account balance if they make more than a certain number of day trades in a rolling five-day period. 10. Tax Considerations: Tax implications can be significant for day traders, as short-term capital gains are typically taxed at a higher rate than long-term gains. Traders should be aware of tax laws in their jurisdiction. 11. Education and Practice: Novice day traders are encouraged to undergo education and practice on demo accounts before risking real capital. This helps build skills and gain experience without financial risk. 12. Record-Keeping: Maintaining detailed records of trades is important for assessing performance and tax reporting. It's important to note that day trading is not suitable for everyone. It requires a solid understanding of the markets, a disciplined approach, access to real-time data, and sufficient capital. Many day traders experience both wins and losses, and it can be financially risky. Additionally, it's recommended to research and understand the risks and potential rewards before engaging in day trading, and some traders may consider seeking advice or mentorship to improve their trading skills. 1 Like |
Re: Crypto Currency Investors Thread by Robnectar(m): 4:15pm On Nov 11, 2023 |
SoL $61 ![]() |
Re: Crypto Currency Investors Thread by Fastt: 4:33pm On Nov 11, 2023 |
The struggle is real. 4 Likes 1 Share
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Re: Crypto Currency Investors Thread by twosquare(m): 4:37pm On Nov 11, 2023 |
Re: Crypto Currency Investors Thread by imbless: 4:58pm On Nov 11, 2023 |
Fastt:I don take profit for sol at 62, I bought at 38, me I can't be hoping for imaginary 10x 1 Like |
Re: Crypto Currency Investors Thread by sotall(m): 5:05pm On Nov 11, 2023 |
imbless: $SOL is gonna pump harder than this. The bullrun hasn't started yet. From the look of things...$SOL can do over $250 this bullrun 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by GRACEGLORY: 5:06pm On Nov 11, 2023 |
ElectronicMoney: $66 I'm longing for a mad ETH outbreak, and the ALTS will all go.... blown 1 Like |
Re: Crypto Currency Investors Thread by Alexas58: 6:19pm On Nov 11, 2023 |
2 Likes
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Re: Crypto Currency Investors Thread by Fastt: 6:32pm On Nov 11, 2023 |
imbless: Nice. You see profit for this bear market. Where hyperinflation is killing some countries. Carry the profit lock up. For me I believe there will be major drawdown. na those big crypto "bros" dey pump alts. Retailers are not yet here. So if you see profit, sell 75% leave 25% to run. I 1 Like |
Re: Crypto Currency Investors Thread by therealMcCain: 7:02pm On Nov 11, 2023 |
OpenHeaven2019: please what are your 10 top picks? 1 Like |
Re: Crypto Currency Investors Thread by blackdodo: 7:25pm On Nov 11, 2023 |
GRACEGLORY: What's a good entry for DOT? |
Re: Crypto Currency Investors Thread by Luada(m): 8:48pm On Nov 11, 2023 |
1 Like 1 Share |
Re: Crypto Currency Investors Thread by GRACEGLORY: 8:58pm On Nov 11, 2023 |
blackdodo: Bro. Don't look for good entry, buy and hodl, the party is yet to start. Just like some people are now looking for good entry for SOL. They must have seen that the more they short SOL, it maintains its uptrend. SOL, $59 Support proofs strong, may blow through the $70s from here. 2 Likes |
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