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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3904463 Views)
The Metaverse Investors Thread / NFT Investors Thread / Sh!t Coin Investors Thread (2) (3) (4)
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Re: Crypto Currency Investors Thread by jedisco(m): 11:15pm On Apr 01, 2021 |
StrafordSTONES: One thing I'd say, is that when everyone starts talking about how a coin will moon, in most cases, it wouldn't move immediately or it's done moving. If there was a trade I wanted to take and I got on Twitter and see a few popular accounts already talking about the coin, I cut it and don't take the trade. Most times, I get better enteries eventually. Secondly, on the issue of 'potential' if a coin, don't be carried away. That's thesame story behind every new coin. It doesn't change the fact that most would likely be useless in the long run. I can't remember when last I read anything about a coyn... I rely mainly on market structure. If it's a good coin, it'd be visible on the charts. One thing almost clear is that betece will outperform over 99% of coyns eventually. If you know that, why don't you have betece Fact is that it's too risky as a newbie for a large vhunk of your portfolio not to be in betece or eith... With time you'd see why But finally, u get mind ooo... See the charts of the coins you bought... I wouldn't come close to them such charts except for a quick scalp and entry must be at tested support... Buying such haphazardly is an easy way to give your money to the market. All these coins will eventually ho back to where they started pumping from and even lower. It happens in every rally. This will not be different 8 Likes
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Re: Crypto Currency Investors Thread by Ojemedad: 11:23pm On Apr 01, 2021 |
jedisco: Very true, just like OMI and KLV, despite the whole hype nothing is happening instead they are going downward to search for oil. 5 Likes |
Re: Crypto Currency Investors Thread by Crazeworld(m): 11:34pm On Apr 01, 2021 |
iLegendd:A nice video even though the title is misleading. Seeing that BTC is already high, is there any other long term coin apart from eth that can be applied to this strategy? 4 Likes 1 Share |
Re: Crypto Currency Investors Thread by jedisco(m): 11:38pm On Apr 01, 2021 |
Ojemedad: That's why I rarely follow the hype on new coins or micros.. If a coin becomes too popular... I look at the chart... If it's something that interests me, I set alerts at possible entry poins and keep it under my watchlist... After sometime when the hype has died down, I revisit it and see if it's held structure... If it hasn't, I delete it.... E.g ksm... There was a time it was popular when it first rallied to around 250... The structure wasn't bad, but being a new coin, I wasn't eager and couldn't identify proper support. When betece dumped and ut held 200 at a time most coins collapsed, I took it seriously and added heavily around 220. Of course, by then the hype had died down... Rode it to the highs and sold... It's interesting how it started getting popular again when it hit 500 and folks rushed in forgetting that considering its market cap, it needed about 2-3 billion dollars increase in valuation to move from 250 to 500 and would need even more for a significant move up 8 Likes 2 Shares |
Re: Crypto Currency Investors Thread by Ibeme: 11:58pm On Apr 01, 2021 |
jedisco: I always say that patience pays in this game. It is better to be buying dips of large cap coins you know will likely get back to their previous resistance than to be chasing coins which have just gone parabolic. You didn't make your capital in a hurry so you should not be in a hurry to lose it. 6 Likes 1 Share |
Re: Crypto Currency Investors Thread by Zabiboy: 12:04am On Apr 02, 2021 |
solreb:You have a point tho... But once the circulating supply reaches a certain point, it'll start going up and down like $OMI is doing now |
Re: Crypto Currency Investors Thread by Zabiboy: 12:08am On Apr 02, 2021 |
TCD:total supply of BTT is 990 billion... circulating supply is 89 billion... it's still early days...so if you get in, watch the circulating supply( once it enters 100 billion, it starts to get tricky)......just like what i said earlier, the total supply is what i feel is keeping $OMI where it is now... i could be wrong....but this is my opinion 1 Like 1 Share |
Re: Crypto Currency Investors Thread by Ojemedad: 12:10am On Apr 02, 2021 |
Any1 riding DENT here? |
Re: Crypto Currency Investors Thread by iLegendd(m): 12:11am On Apr 02, 2021 |
Crazeworld: You know, we Nigerians read in a hurry as if we're rushing to the airport. I felt the same way you feel after watching the video, but when I reread the title, I realized it wasn't misleading, but "we gragra Nigerians," read the title fast and ignored the last word "monthly." On your question, I don't dabble into financial advice on the coin to go with. My apologies. |
Re: Crypto Currency Investors Thread by jedisco(m): 12:21am On Apr 02, 2021 |
Ibeme: My worry is that the last time bitc0in had a proper correction was almost a year ago and most folks trading now are new and are used to stuff going up... They forget that most of the stuff going parabolic now did were causing folks pain for years unend... The way betece is going, there's a possibility it may not have a proper correction until it maxes out... Whilch wouldn't be nice. Making profits now is relatively easy but even at that, FOMO into a pump in any market without clear targets no be am... 4 Likes |
Re: Crypto Currency Investors Thread by DieRich5: 12:37am On Apr 02, 2021 |
Confused To enter win Dy my mind 1 Like
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Re: Crypto Currency Investors Thread by Ibeme: 12:42am On Apr 02, 2021 |
jedisco: Money is like energy, it can only be transferred from one party to another. Someone must lose for another person to gain. Folks should be careful out here. I see too many folks talking about buying a coin and forgetting for a year or few years. Such approach will get many wrecked. 95% of coins have not reached the ATH they achieved last cycle and likely will not. Most of the coins this cycle will not come back next cycle. Peeps should play this game with an end in mind, and that end is always recycling back into a stablecoin or B.T.C. Follow the trends (now NFT and Layer 1 alternatives to ETH, previously DEFI), Don't chase a pump and buy the dips in the largecaps after on-chain analysis. And if you have a moombag for micros, let it be money you can afford to lose. These might not get you crazy xs but it will give some.good returns and most importantly protect your capital. We will all want to have good.capital to invest in the.next bear cycle. 7 Likes |
Re: Crypto Currency Investors Thread by Notyamate(f): 1:19am On Apr 02, 2021 |
DieRich5: WIN is a pnd coin, it was being pumped yesterday and some folks have cashed out on their profits, while those they dumped it on are hoping it will rise again so they can also cash. As you can see from the volume, many are trap so do not throw your money in now, allow the ground to settle. 5 Likes |
Re: Crypto Currency Investors Thread by IMAliyu(m): 1:36am On Apr 02, 2021 |
IMAliyu: 1 Like |
Re: Crypto Currency Investors Thread by Notyamate(f): 1:36am On Apr 02, 2021 |
jedisco: You pretty much nailed this on the head. |
Re: Crypto Currency Investors Thread by lordnaruto: 2:41am On Apr 02, 2021 |
Just sold 75% of my ADA that I've been holding for over 1 month without significant profit , in anticipation for when BNB breaks out of this ATH zone. Now, I'm almost certain the stupid ADA will start to move now and BNB might decide to stop. This crypto en. 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by GSteve001(m): 2:52am On Apr 02, 2021 |
lordnaruto: |
Re: Crypto Currency Investors Thread by Notyamate(f): 3:37am On Apr 02, 2021 |
Betece hits 60k Ethy hits 2k Most micros still in RED 3 Likes |
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 3:41am On Apr 02, 2021 |
Christiano25: KSM has presented entry again. Last chance to buy KSM 1 Like |
Re: Crypto Currency Investors Thread by Jerry59: 3:49am On Apr 02, 2021 |
Wrx has gone crazy |
Re: Crypto Currency Investors Thread by Christiano25(m): 4:27am On Apr 02, 2021 |
Yeah. The link to WhatsApp isn’t working. Should I drop a digit so you can add me please Leezah: |
Re: Crypto Currency Investors Thread by Christiano25(m): 4:27am On Apr 02, 2021 |
Please can we chat privately OpenHeaven2019: |
Re: Crypto Currency Investors Thread by noony926: 4:40am On Apr 02, 2021 |
Please someone should help direct me on how to be using Stop Limit, I tried it several times but it did not work.
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Re: Crypto Currency Investors Thread by Notyamate(f): 5:00am On Apr 02, 2021 |
noony926: A Repost for those asking how to set stop loss A stop loss order allows you to set the price at which you want to sell but only when the price reaches the stop price you have set. There are three things that needs to be filled in stop loss; the stop price, the limit price and the amount of coin you want to sell. Stop price: When this price is reached, it triggers the limit price. Limit price: This is where the order is executed. Lemme give an example: Let's say you buy a coin at 200, now that coin has increased to 240, but you fear it might suddenly go back to 200 or lower, making you loss your money and profit all at the same time. What you do in this situation is to put the (stop price) at 235 and the (limit price) at 234, so that when the price HIT 235, your coin will be sold at 234 or higher. The downside of stop loss order is that even if the price go as high as 400, your limit order won't be triggered unless it reached the amount you set for the stop price. 8 Likes 4 Shares |
Re: Crypto Currency Investors Thread by Bunker1(m): 5:08am On Apr 02, 2021 |
We all know this common phrase here "buy the dip" is not for bottomless pit co.ins, or less you know the CEO know when to quit on a given project, no matter how far you go on the wrong direction, you can't still arrive. Not a financial advice, what ever you choose to do with your bread is up to you. 1 Like |
Re: Crypto Currency Investors Thread by TheSTreetman: 5:12am On Apr 02, 2021 |
OpenHeaven2019: Please, is it advisable to still Holding Ksm... Bought at $490 and now its down to $430.... What's ur take please... |
Re: Crypto Currency Investors Thread by BlueBanana: 5:23am On Apr 02, 2021 |
pragmatistm: Thank you sir. |
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 5:45am On Apr 02, 2021 |
TheSTreetman: Sell. Buy high, sell low - that whats stars do 11 Likes
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Re: Crypto Currency Investors Thread by MrCodeSolo: 6:26am On Apr 02, 2021 |
We are back again |
Re: Crypto Currency Investors Thread by SteveOfu: 6:31am On Apr 02, 2021 |
SteveOfu:koinbase is going to be listed on N.A.S.D.A.Q don't miss out on this Golden opportunity |
Re: Crypto Currency Investors Thread by sonofElElyon: 6:39am On Apr 02, 2021 |
Codebite: Check this out.. artificial intelligence that trades for you over a period of 60 days with daily remittances.. automatic payment to your external wallet. you don't need to refer anyone to invest. Returns in 3 months is about 30% (10% monthly) which is realistic. Foreign company. You deal directly. No middle man. If interested let me know so I can give you the registration link / put you through.. i--k--o--n--b--o--t.c--o--m take out the lines in-between and check it out. Also the video https://www.youtube.com/watch?v=TSXTnF9KWdI |
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