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Crypto Currency Investors Thread - Investment (835) - Nairaland

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Re: Crypto Currency Investors Thread by Tamel(m): 6:38pm On May 19, 2021
OpenHeaven2019:


What is the total supply of ETH?

roughly 116milli

Xrp is almost 100billi
Re: Crypto Currency Investors Thread by CryptoMatic: 6:39pm On May 19, 2021
OpenHeaven2019:


What is the total supply of ETH?

About 100 million.


For Xrp to get to $2000 then the market cap will be 200 trillion dollars

2 Likes

Re: Crypto Currency Investors Thread by Ibime(m): 6:39pm On May 19, 2021
Na WA oh

BTC didn't even stop for us to hop back on

Still watching it with side eye jare

3 Likes 1 Share

Re: Crypto Currency Investors Thread by condomuser: 6:40pm On May 19, 2021
Neverlosemoney:

Mum, are you on drug, while typing this? For that to happen, XRP market cap would be over 175trillion dollar that is twice the whole world market cap combined shocked shocked

Re: Crypto Currency Investors Thread by Reeefe(m): 6:43pm On May 19, 2021
congratulations to those that bought SHIBA at .00000700 and lower

2 Likes

Re: Crypto Currency Investors Thread by DenreleDave(m): 6:43pm On May 19, 2021
H2ho:
I’m buying btc...quote me asap

U wantu cry abi
Re: Crypto Currency Investors Thread by DenreleDave(m): 6:44pm On May 19, 2021
chukwuebuka65:

well you all should be wary . cryp.to run last year and this year, corona virus contributed to it becos people needed where to put their money that inflation with will not affect. thats how the run started but now corona don dey go. people are needing their money for their economic activities. so guys be careful . this thing fit go back to 20k

Chukwu, carry ur bad luck comot for here
Re: Crypto Currency Investors Thread by condomuser: 6:46pm On May 19, 2021
I was discussing this with a colleague today, part of the reasons why 2020/2021 witnessed a boost in crypto is due to stoppage of social activities, an average American/foreigners in developed countries doesn't have $500 let alone thousands to put into crypto on weekly basis, they only managed to do so because of boredom and nothing else to put the money into.
Covid restrictions will soon be lifted completely, people will pull billions out and hit the clubs, casinos, holidays and crypto will really struggle to stay up.

chukwuebuka65:

well you all should be wary . cryp.to run last year and this year, corona virus contributed to it becos people needed where to put their money that inflation with will not affect. thats how the run started but now corona don dey go. people are needing their money for their economic activities. so guys be careful . this thing fit go back to 20k

4 Likes

Re: Crypto Currency Investors Thread by DenreleDave(m): 6:51pm On May 19, 2021
chukwuebuka65:

well you all should be wary . cryp.to run last year and this year, corona virus contributed to it becos people needed where to put their money that inflation with will not affect. thats how the run started but now corona don dey go. people are needing their money for their economic activities. so guys be careful . this thing fit go back to 20k

U didn't tell us this but when it is falling now, u kon dey do motivational speaker.

Chai. No be ur fault.. Na wetin cause am cause am


Cyrpto motivational speakers

13 Likes

Re: Crypto Currency Investors Thread by bigx(m): 6:52pm On May 19, 2021
I really wish more people get into crypto from the transactions/utility aspect than this trade.

More long term users would come from that who wont rush to sell anytime Elon sneezes grin .

1 Like

Re: Crypto Currency Investors Thread by Rubbiish(m): 6:56pm On May 19, 2021
condomuser:
I was discussing this with a colleague today, part of the reasons why 2020/2021 witnessed a boost in crypto is due to stoppage of social activities, an average American/foreigners in developed countries doesn't have $500 let alone thousands to put into crypto on weekly basis, they only managed to do so because of boredom and nothing else to put the money into.
Covid restrictions will soon be lifted completely, people will pull billions out and hit the clubs, casinos, holidays and crypto will really struggle to stay up.

And why did u wait up till now to say this?
I bet when it goes up again u will come up with another baseless analysis!
Many of u know nothing about crypto & won't keep shut!
Covid restrictions was never of any advantage to crypto! If u are a good crypto student, u should know the prices of crypto in the period of march/April last year when covid restrictions came up! A lot of the bitcoin millionaires u see today, were made during that dip!

6 Likes 1 Share

Re: Crypto Currency Investors Thread by Rubbiish(m): 6:57pm On May 19, 2021
DenreleDave:


U didn't tell us this but when it is falling now, u kon dey do motivational speaker.

Chai. No be ur fault.. Na wetin cause am cause am


Cyrpto motivational speakers
Don't mind them!
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 6:58pm On May 19, 2021
Neverlosemoney:

Mum, are you on drug, while typing this? For that to happen, XRP market cap would be over 175trillion dollar that is twice the whole world market cap combined shocked shocked

Well well well.

We would see.
Re: Crypto Currency Investors Thread by jedisco(m): 7:03pm On May 19, 2021
Whew!!! What a day....
This is typical crypt0 volatility....Reminds me of last year's selloff to 4k

Good response at 30 so far but lets see how the day closes... If it closes bullish (>43.4k), then this might have just been a proper capitulation.
Some of my positions took a hit (but good bounce so far). I don't really regret that I started averaging in at the low 40's as it suited my trading pattern... Still bought lil during the capitulation this pm.... When the dust is settled, I'd re-examine the events and see what things I could have done differently...


Kudos @Ibeme for calling this....
But then, I'm surprised you didn't average in at the lows and around your targets....
I remember what happened last year when bitc0in sold off to 4k... I had closed my position at 8k... Knew 4k was a good buying opportunity but kept watching... finally ended up buying at 5.8k and 6.2k in the coming days/weeks.

5 Likes

Re: Crypto Currency Investors Thread by bigx(m): 7:03pm On May 19, 2021
OpenHeaven2019:


Well well well.

We would see.

Maybe not $2000 as even total USD supply is not up to $50T

But XRP is one coin I dont sell and one I loaded up on this afternoon.

I love platforms (their court case is the elephant in the room though hopefully they settle)

5 Likes

Re: Crypto Currency Investors Thread by condomuser: 7:03pm On May 19, 2021
Obviously you don't understand the effect of cease in economic activities. You think crypto was personally designed to make you in particular rich, it will do you like willy willy.

Rubbiish:

And why did u wait up till now to say this?
I bet when it goes up again u will come up with another baseless analysis!
Many of u know nothing about crypto & won't keep shut!
Covid restrictions was never of any advantage to crypto! If u are a good crypto student, u should know the prices of crypto in the period of march/April last year when covid restrictions came up! A lot of the bitcoin millionaires u see today, were made during that dip!

1 Like

Re: Crypto Currency Investors Thread by bigx(m): 7:05pm On May 19, 2021
condomuser:
Obviously you don't understand the effect of cease in economic activities. You think crypto was personally designed to make you in particular rich, it will do you like willy willy.


Crypto wasnt built to be traded.

Trading we do is just "jara"

What we are doing is what forex traders do with the dollar and co that's meant to be a store of value and medium of exchange


Only in this case traders plenty pass users

2 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 7:05pm On May 19, 2021
Tamel:
As seen on twitter..

Couple of exchanges went offline a few minutes too..
Wetin dey occur !


Though I don't like chasing narratives for price action, but this might be probable...

Good stuff with binaz suspending leverage trades at the lows.... Cos it was looking more manipulative than usual trading..... Good bounce so far

3 Likes

Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 7:08pm On May 19, 2021
bigx:


Maybe not $2000 as even total USD supply is not up to $50T

But XRP is one coin I dont sell and one I loaded up on this afternoon.

I love platforms (their court case is the elephant in the room though hopefully they settle)


The court case is the only thing holding them down now.

2 Likes

Re: Crypto Currency Investors Thread by dazzlingd(m): 7:09pm On May 19, 2021
condomuser:
I was discussing this with a colleague today, part of the reasons why 2020/2021 witnessed a boost in crypto is due to stoppage of social activities, an average American/foreigners in developed countries doesn't have $500 let alone thousands to put into crypto on weekly basis, they only managed to do so because of boredom and nothing else to put the money into.
Covid restrictions will soon be lifted completely, people will pull billions out and hit the clubs, casinos, holidays and crypto will really struggle to stay up.


Baseless assumptions

5 Likes

Re: Crypto Currency Investors Thread by Rubbiish(m): 7:13pm On May 19, 2021
condomuser:
Obviously you don't understand the effect of cease in economic activities. You think crypto was personally designed to make you in particular rich, it will do you like willy willy.

@bold Of course crypto has made a lot of people millionaires & will continue to do so! If u think u have seen the worst of crypto because of this little dip, then obviously u shouldn't even be on this thread & I really don't know what u are doing here anyway. Crypto came on since 2009, in case u don't know, it has consistently rose from then till date! What does that tell u? It is bigger than elon musk or any single individual or institution. Before elon musk came, crypto was making people millionaires, even after he is gone, it will continue that way. Why not face areas u have knowledge about instead of coming here to speculate baseless analysis??

5 Likes

Re: Crypto Currency Investors Thread by Ibime(m): 7:16pm On May 19, 2021
jedisco:

Kudos @Ibeme for calling this....
But then, I'm surprised you didn't average in at the lows and around your targets....
I remember what happened last year when bitc0in sold off to 4k... I had closed my position at 8k... Knew 4k was a good buying opportunity but kept watching... finally ended up buying at 5.8k and 6.2k in the coming days/weeks.

The dip was too fast mehn. I can't come and be trading against Robots and liquidations.

Twice I opened positions thinking they were cheeky low bids, and twice I closed them, and told my guys to close them.

I'm trading risk free having returned my capital to savings and trading on profits. Capital preservation is on my mind rather than chasing falling knives.

3 Likes

Re: Crypto Currency Investors Thread by amidel(m): 7:17pm On May 19, 2021
DenreleDave:


We don't give a fvck damn hoot if u sold to sumone close or far at 650 or 950..

Tell us u want to sell, don't give us stories of selling to someone close..

Close ko, oral B ni


Egbon don't be angry o. I wanted to sell but couldn't get someone here and I just thought of posting on my status and luckily someone responded.

Sorry if it angered you.

1 Like

Re: Crypto Currency Investors Thread by Sheriman(m): 7:21pm On May 19, 2021
klassng:
For cryptocurrency lectures/lesson,,signals,,ICO analysis,,giveaways and crypto investment advice,search and follow on@ www.twitter.com/crypto_PAEDIA
Learn everything in binance such as spot and futures trading and p2p..when to buy,when to stop loss, when to take profit

We are all in the same shoes. We are in bearish season in cripto. Please don't sell them and withdraw cos if you do, you are automatically on loss side. Hold your coin firmly I am assuring you by December 2021 you will smiling at your wallet and vice versa

1 Like

Re: Crypto Currency Investors Thread by Nobody: 7:22pm On May 19, 2021
Lmao

10 Likes 1 Share

Re: Crypto Currency Investors Thread by condomuser: 7:23pm On May 19, 2021
It becomes baseless and an assumption when you don't understand it, I will take time and school most of you.
Question 1: What is the disposable income of an average American or a resident of the top three countries where you find most crypto investors after settling their monthly obligations, that's your assignment, investigate and get back to me.
dazzlingd:


Baseless assumptions


Focus on the point, deviating doesn't make sense. We are talking about cease in economic activities and how it boosts the crypto market cap.
What's your point on that?
Rubbiish:

@bold Of course crypto has made a lot of people millionaires & will continue to do so! If u think u have seen the worst of crypto because of this little dip, then obviously u shouldn't even be on this thread & I really don't know what u are doing here anyway. Crypto came on since 2009, in case u don't know, it has consistently rose from then till date! What does that tell u? It is bigger than elon musk or any single individual or institution. Before elon musk came, crypto was making people millionaires, even after he is gone, it will continue that way. Why not face areas u have knowledge about instead of coming here to speculate baseless analysis??
Re: Crypto Currency Investors Thread by jedisco(m): 7:32pm On May 19, 2021
Ibime:


The dip was too fast mehn. I can't come and be trading against Robots and liquidations.

Twice I opened positions thinking they were cheeky low bids, and twice I closed them, and told my guys to close them.

That's capitulation for you...

Set some very low orders on leveraged tokens which were picked up before binaz suspended trading on them... Just hope the suspension does not mess them up...

I think you're going about buying the dip wrongly...Youre trying to catch the absolute bottom... It's never fun buying them... It's in the coming days you'd enjoy your entries....... You may likely keep moving your targets lower until stuff rebounds and leaves you chasing...

I usually see buying dips like selling rallies... Waiting for a proper top to confirm before selling most yimes means you'd sell much lower..same also with dips... I usually outline proper weekly levels (on majors) and target them... Once it's obvious the bottom is in, stuff wouldn't dip as much as on the initial way down. It's a fine balance between averaging in and avoiding catching knive... Obviously on betece, its much easier... Na alyts dey give person headache

Now I'm sure you'd be waiting for 30k for betece and similar lows for other coyns... No be only u go dey wait... After this bounce, there's some renewed confidence and room for more fiat to come into the market....

My concern with alyts now is this new betece volatility.... If bitc0in is making 10-20% moves daily, then alyts may not keep up...

1 Like

Re: Crypto Currency Investors Thread by Bullrun: 7:33pm On May 19, 2021
My mentions blowing up! Yall gotta relax cool

1 Like

Re: Crypto Currency Investors Thread by bigx(m): 7:34pm On May 19, 2021
condomuser:

It becomes baseless and an assumption when you don't understand it, I will take time and school most of you.
Question 1: What is the disposable income of an average American or a resident of the top three countries where you find most crypto investors after settling their monthly obligations, that's your assignment, investigate and get back to me.



Focus on the point, deviating doesn't make sense. We are talking about cease in economic activities and how it boosts the crypto market cap.
What's your point on that?

Bros leave this matter.

None of us knows where the crypto market is going or what would happen this time next year or next week even.
If anybody did the person would be richer than Musk because I know I'd stake up to my boxers in futures.

Bitcoin moved from $900 to $20,000 in 2017

What economic activities ceased in 2017?

We are all just guessing and speculating and trying to make sense of the volatility with hindsight.

6 Likes

Re: Crypto Currency Investors Thread by Ibime(m): 7:42pm On May 19, 2021
jedisco:

I think you're going about buying the dip wrongly...Youre trying to catch the absolute bottom... It's never fun buying them... It's in the coming days you'd enjoy your entries....... You may likely keep moving your targets lower until stuff rebounds and leaves you chasing...

No Sir. I was trying to catch the bottom because I recognised the danger was significant. I told my guys I usually try not to catch the bottom but average down, but I'm being overly cautious on this one because a drop below 21 week EMA has always ended previous bullruns. My plan was to start averaging down at $38k, expecting it to hit $32k, but the way it did not spend anytime ranging between $38k and $42k frightened me.
Re: Crypto Currency Investors Thread by CryptoMatic: 7:43pm On May 19, 2021
bigx:


Bros leave this matter.

None of us knows where the crypto market is going or what would happen this time next year or next week even.
If anybody did the person would be richer than Musk because I know I'd stake up to my boxers in futures.

Bitcoin moved from $900 to $20,000 in 2017

What economic activities ceased in 2017?

We are all just guessing and speculating and trying to make sense of the volatility with hindsight.


Lol

He just wanna form an agenda, they are many of his types on YouTube, Preaching FOMO during pumps and FUD during dips

Stocks are also dipping too, I wonder what’s his own idea behind it.

5 Likes

Re: Crypto Currency Investors Thread by toask111: 7:46pm On May 19, 2021
What is going on? ���

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