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Crypto Currency Investors Thread - Investment (569) - Nairaland

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Re: Crypto Currency Investors Thread by dotun674(m): 5:24pm On Apr 18, 2021
GreatManBee:
same here. I'm loving this vet
if I had got it when the pump started, would have been around $200. Hoping for the best
Re: Crypto Currency Investors Thread by meshzhi(m): 5:28pm On Apr 18, 2021
Oyeah... And Nigeria is still looking like ....

Re: Crypto Currency Investors Thread by Ibime(m): 5:52pm On Apr 18, 2021
Picked up some new XRP and B.T.C. Will pick up ADA and one or two others shortly too.

2 Likes

Re: Crypto Currency Investors Thread by Olamyyde(m): 6:01pm On Apr 18, 2021
This is a summary of what caused the flash crash. Thank God I was sleeping when it happened cheesy

2 Likes

Re: Crypto Currency Investors Thread by Vlyrics: 6:04pm On Apr 18, 2021
nittly:
NIMC slip can't work on any cry.p.to exchange, use other alternative like B.V.N, Voter card, Driving licence or passport


all i have to put is Bvn number right, cause I don't think Bvn has a card? and it works on all platforms? thanks for the feedback
Re: Crypto Currency Investors Thread by Olamyyde(m): 6:05pm On Apr 18, 2021
All those people still asking for coins to buy, please DYOR. Many people will want to shill their shitcoins to you. Always remember...

5 Likes

Re: Crypto Currency Investors Thread by Dorcaz: 6:35pm On Apr 18, 2021
nittly:
NIMC slip can't work on any cry.p.to exchange, use other alternative like B.V.N, Voter card, Driving licence or passport

Please, how do I go about using BVN for verification on Binance? BVN is not listed among the verification requirements. I only have NIN slip and I doubt it would be accepted,
Re: Crypto Currency Investors Thread by StrafordSTONES(m): 6:36pm On Apr 18, 2021
billyG:

I cannot find d BSC wallet among bi.nance wallet,I have earlier bought $15bnb to transfer to trustwallet it said ican only sent 0.1bnb.



Hey bro, did you later resolve this situation?

If yes how?

I am in the same situation now
Re: Crypto Currency Investors Thread by nittly(m): 6:40pm On Apr 18, 2021
Vlyrics:



all i have to put is Bvn number right, cause I don't think Bvn has a card? and it works on all platforms? thanks for the feedback
yes only B.V.N number, Though I use bi.nan.ce L.uno for B.V.N but B.V.N is not allow on all exchange like FTX, KU.COIN so you have to get VO.TER CAR.D or DRIVING LICENCE
Re: Crypto Currency Investors Thread by humble7744(m): 6:41pm On Apr 18, 2021
Good pm everyone, pls is it wise to buy m.rat or moon.dua both currently at 33% and 0.000001
Re: Crypto Currency Investors Thread by Nobody: 6:43pm On Apr 18, 2021
IyaTola:
athe challenge with most of you here especially the new ones, you don't have any strategy, you jumping on any coin and everything, you may be out of cash sooner than you expect
please mind your business ooo, I didn't quote you.
Re: Crypto Currency Investors Thread by nittly(m): 6:43pm On Apr 18, 2021
Dorcaz:


Please, how do I go about using BVN for verification on Binance? BVN is not another g the listed though. I only have NIN slip and I doubt it would be accepted,
NIN is not accepted, check that "verification bar click" it you will see B.V.N there
Re: Crypto Currency Investors Thread by hedonido: 6:45pm On Apr 18, 2021
Which wallet should I use between Klever and Atomic? I'm not interested in 'trading' per se (I'm more of a holder) so I don't see the need for Binance which is too complex for my needs. I have been recently converting most of my liquid Naira assets to some stablecoins (and some btc) and for now it's 70% klever.

Is Klever good and safe enough? Is Atomic better? All the pros, abeg help this noobish fella.

1 Like 1 Share

Re: Crypto Currency Investors Thread by humble7744(m): 6:46pm On Apr 18, 2021
humble7744:
Good pm everyone, pls is it wise to buy m.rat or moon.dua both currently at 33% and 0.000001
pls attend to this
Re: Crypto Currency Investors Thread by timmyrocksz: 6:48pm On Apr 18, 2021
Ibime:


PnD coins don't respect BeeTee. Other Moonshot coins are still mooning like SHIBA, HOKK etc
please how can I buy shib coin
Re: Crypto Currency Investors Thread by Ibime(m): 6:50pm On Apr 18, 2021
timmyrocksz:
please how can I buy shib coin

UniSwap. Na ERC coin. But I don't know if it's still mooning or dumping now

1 Like

Re: Crypto Currency Investors Thread by humble7744(m): 6:50pm On Apr 18, 2021
timmyrocksz:
please how can I buy shib coin
download hotbit, search for it there

1 Like

Re: Crypto Currency Investors Thread by Dorcaz: 6:50pm On Apr 18, 2021
[quote author=nittly post=100909399]NIN is not accepted, check that "verification bar click" it you will see B.V.N there[/quote

Thanks. I just checked now, I only saw ID card, driver's license and passport.
Re: Crypto Currency Investors Thread by Nobody: 6:50pm On Apr 18, 2021
IyaTola:
athe challenge with most of you here especially the new ones, you don't have any strategy, you jumping on any coin and everything, you may be out of cash sooner than you expect
abeggi, please mind your business.
Re: Crypto Currency Investors Thread by Ibime(m): 6:52pm On Apr 18, 2021
hedonido:
Which wallet should I use between Klever and Atomic? I'm not interested in 'trading' per se (I'm more of a holder) so I don't see the need for Binance which is too complex for my needs. I have been recently converting most of my liquid Naira assets to some stablecoins (and some btc) and for now it's 70% klever.

Is Klever good and safe enough? Is Atomic better? All the pros, abeg help this noobish fella.


We keep saying it. HODLing at this stage is EXTREMELY dangerous. When bullrun is over, you will be begging for your Naira back.

If you want to protect against Foreign Exchange risk, convert Naira to stable coins. You can start HODLING during bear market, not during bull market.

9 Likes

Re: Crypto Currency Investors Thread by opinchinoo(m): 6:56pm On Apr 18, 2021
Good evening everyone, please who has used the Binance (email) transfer feature in p2p? I transferred u.sdt to someone's email this evening and it has not reflected. I have been debited and it should reflect within seconds. What could be wrong? Thanks in advance
Re: Crypto Currency Investors Thread by Nkem222: 6:56pm On Apr 18, 2021
Please I am trying to use remitano app to sell Bitcoin but the app isn't working. What's the issue
Re: Crypto Currency Investors Thread by Nkem222: 7:00pm On Apr 18, 2021
legacystore:
Crypto currency is known to have high volatility which means anything is possible u can make 80% loss or gain in just 24 hours depending on how the pendulum swings.

Just yesterday xrp was 220 and everyone was dumping and this morning it's has moved to 270 for those that stayed on. Massive profit in 24 hrs.

Let's discuss crypto picks, strategies and tips

My strategy is hodl or swing trading

I buy and hold to make at least 50% minimum before I dump and move to the next one.

My max wait period is 3 months, sometimes I hit target much earlier the other time I cut my loss.

Day trading is a no no for me, don't even have such time

hello good evening. I am trying to sell my Bitcoin with remitano but the app isn't working. Please which app will I use to sell btc
Re: Crypto Currency Investors Thread by Nkem222: 7:06pm On Apr 18, 2021
staga:


The annual interest rate is 7% (i.e. interest rate for 365 days).

Interest = (principal X rate X time)/100

So let us take your principal is $1000. The rate is 7% and the time is 1 year (i.e. 1).

Interest amount = (1000 X 7 X 1)/100, = $70

$70 is the interest for 365 days. We can use 360 days for convenience sake.

90 days is a quarter of 360 days. Therefore, your 90-day interest amount will be a quarter of $70, which is $17.50.

So your 90-day interest on $1000 is $17.50.

These investments typically favour those with huge capital. So let us say you have access to $100,000 (N46,000,000). Your interest for 90 days will be 100 times the calculated amount, which is $1,750.

Typically, the bank or crypto platform is taking your money and doing business with it, and compensating you with 7% returns on it. They know they will make far more out of it than you can because they have access to several money making channels.

These investments are not known to be high-paying. Their benefit is in the assuredness of the returns. Some people like it that way. I personally do not. I have turned a $67 gold account into $250 in a month of trading. I also used a $100 account on Deriv.com to milk N20,000 every three days in December, which is where I got money to send to my people for Christmas as I did not want my primary earnings disturbed.

So that is it. Some like chicken boiled, some like it fried and some like it roasted.
I hope my explanation helps.
I sent u a mail please reply
Re: Crypto Currency Investors Thread by Nkem222: 7:07pm On Apr 18, 2021
MyChoice1:
I bought 31 ripples yesterday and made #500 gain today.. lol. I sold the gain worth and left the capital. Now I want to buy more coins, between bitcoin cash and litecoin which is preferable.
please what app can I use to sell btc
Re: Crypto Currency Investors Thread by Nkem222: 7:08pm On Apr 18, 2021
ugonology:
This thread reminds me of how I started my journey into crypto grin....back in 2016/17 I had to buy some crypto so as to join some Ponzi schemes (the country was lite with many crazy Ponzi schemes at that time). I knew nothing about crypto but YouTube gave me all the education I needed, I joined and subscribed to most crypto communities and realised that this stuff (crypto) was really the future. Around early 2017, the crash came...the Ponzi schemes crashed, bitcoin along with all other alt coins plummeted in price. It was really ugly! But I had gone too far to turn back, I watched an interview of chamath palihapitiya( former executive at Facebook) dude is one young smart billionaire in the US. He advised that the period of a price crash in BTC was the best time to buy, I picked this....and have continued to save every penny that crossed my hands in BTC. Today, the compound value of my BTC portfolio after 4 years is mind burgling, sometimes I wake up in the morning and just scream ahhhhh grin grin grin...like, where all this money come from shocked
But I ain't cashing out, I really don't have a solid plan of what to do with the money. Also, the current forecasts from most tech genius points towards 100k$ by December 2021(for BTC) and I believe this is feasible, because there is an unprecedented case of institutional adoption, most billionaires are also integrating BTC as a part of there financial portfolio.
The Nigerian government on the other hand is hell bent on destroying the naira with her implosive fiscal policies, incessant borrowings and a central bank that is built on cannibalistic monetary policies....so withdrawal to naira is a NO NO! never save or hold in naira!

My advice to anyone who intends to join and invest in the crypto space:
1) get educated on crpto- YouTube is the greatest university of our time,( it's also the lazy man's school wink) you will be shocked at how much you will gain, but if you prefer a more traditional form of learning, try enrolling for crpto related courses on udemy or Coursera.org, most of these courses are free.

2) Have a plan- (hold for the long term) what do you really want from crpto? a few hundred thousand? Millions? Or even billions of naira?....truth is, with crypto you can achieve any of these. What you need is a plan and a time frame, earmark a certain portion of your income that will go into your crpto investment and be disciplined to stick to it. Also, bitcoin might seem expensive today at 40k$ but people also felt it was too expensive few years ago when it was 10k$, understand it has huge future prospects and it's too early to place a price tag on it! Lastly on this.... DON'T SELL EARLY!! until you hit your target price.
while starting, I remember selling 0.2btc in Feb of 2017 for 105k naira because I wanted to buy a PS3 console, today that 0.2 BTC is nearly 4million naira embarassed embarassed. . So be disciplined, stick to a plan.

3) stick to the main utility coins- I hear people here talk of buying siacoin, nano and dogecoin... well, every Mallam with his own kettle, but from a personal stand point they all fall under my shitcoin list.yes...! Except you are a professional swing trader with deep knowledge of both technical and fundamental analysis, I will advice you stay off these kinds of dummy coins! Don't be penny wise, trying to invest in worthless coins because they are cheap and affordable, some of us don't even as much as check the white papers, projects or prospects of these shitty coins before jumping on them. Please, stay off them...As a starter stay with bitcoin, etherium and ripple/litecoin.

4) Don't freak out!!!- from time to time the crpto world is rocked with government attacks, political scandals and technical glitches. This is exactly what is happening to ripple now, there is usually a sharp loss of value as most frightened investors would cash out to save the value of their crpto assets. But they are going about it wrongly. Whenever this happens, you must buy this ( major utility coins) in bulk, as this is usually the only time you will possibly get them cheap and they 90% of the time will bounce back and even exceed their previous price range. So if you are looking for where to start, ripple is your best bet, followed by etherium and bitcoin. But if you have the money, shoot for the king(BTC) it's not too late.

Lastly...I will recommend that starters use roqqu or luno app, it's the best and convenient for those with little or no experience.
Good luck.
remitano app isn't working I need to sell btc
Re: Crypto Currency Investors Thread by Sailor1: 7:20pm On Apr 18, 2021
doge/betece looks to have held good structure

Converted some of my betece into doge at 550 sats.... Target is 640 sats and maybe 700 sats (quite wicky)... Atleast, that should cover the drawdown from betece I bought above 60k....

Obviously, if it can create a new high against betece, it'd do that in usd

Obviously, after such a rally, trades on doge come with increased risk.... But then, doge held very well during the selloff.... And there's still good liquidity in it as folks are relentlessly buying

1 Like

Re: Crypto Currency Investors Thread by Nobody: 7:28pm On Apr 18, 2021
Nkem222:
hello good evening. I am trying to sell my Bitcoin with remitano but the app isn't working. Please which app will I use to sell btc
How much btc you have
Let me buy
Re: Crypto Currency Investors Thread by Nkem222: 7:30pm On Apr 18, 2021
papiforreal:

How much btc you have
Let me buy
I am not selling to anyone I don't know. I dey fear scam

1 Like

Re: Crypto Currency Investors Thread by tempest12: 7:36pm On Apr 18, 2021
Ibime:


PnD coins don't respect BeeTee. Other Moonshot coins are still mooning like SHIBA, HOKK etc

Please which site can one trade with these coins above?
Re: Crypto Currency Investors Thread by hedonido: 7:36pm On Apr 18, 2021
Ibime:



We keep saying it. HODLing at this stage is EXTREMELY dangerous. When bullrun is over, you will be begging for your Naira back.

If you want to protect against Foreign Exchange risk, convert Naira to stable coins. You can start HODLING during bear market, not during bull market.

But that's what I'm doing. I'm holding in stable coins (only a smaller percentage on btc, which I'm prepared to hold for years).

I'm just interested in knowing whether klever is safe enough (vs Atomic).
Re: Crypto Currency Investors Thread by kvngjesse(m): 7:36pm On Apr 18, 2021
tempest12:


Please which site can one trade with these coins above?
Hotbit, Uniswap

1 Like

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