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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3720730 Views)
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Re: Crypto Currency Investors Thread by jedisco(m): 8:40am On Apr 02, 2021 |
Ibeme: Very nicely said. Find it interesting that folks want to buy a coin after it has done 10x and keep it for the 'longterm'. Another thing is that there's no mention of this on a day bitc0in pullsback and most coins are in red. Every rally has its alyts. After the rally, traders forget them and they largely remain in a pitiable state for a very long time. It's then that good coins differentiate themselves by holding structure. A new rally will come with new coins too. Reason I don't bother myself with the story behind an alyt 7 Likes 2 Shares |
Re: Crypto Currency Investors Thread by Ibeme: 8:42am On Apr 02, 2021 |
SteveOfu: Well it's reckless to say buy this, buy that without providing justification for the valuation. It could move either way, I can only speak for my approach. Right now, I am not invested in any stock, I only have shorts on stocks I think are overvalued especially Tech stocks and I will not deviate from my strategy which is to trade in the general long term direction I think the market is going which is down. Putting a value on Kōinbeezy shares is difficult as they have good profits from last year, but losses from the bear period of 2018 to 2019. One thing I will say they have going for themselves is that they are one of very few tech unicorns to list while in profit. They should also benefit from FOMO of the retail investment Creeypto crowd who just buy based on narratives rather than fundamentals. However we have seen valuation by analysts around $20bln mark while at some point, they were mooted to be exchanging for $100bln marketcap and I believe they will list around $77bln. When I see such divergence, it is my preference to stay away although I don't doubt it could go up based on retail crowd. It could also go down based on Institutional shorting. 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by DieRich5: 8:44am On Apr 02, 2021 |
Notyamate:God bless you sis |
Re: Crypto Currency Investors Thread by Avast(m): 8:51am On Apr 02, 2021 |
MrCodeSolo: Boss FET is doing me strong thing but we die there together. I am very sure it is still coming up. 2 Likes |
Re: Crypto Currency Investors Thread by Nobody: 8:52am On Apr 02, 2021 |
This WIN dey play with person. |
Re: Crypto Currency Investors Thread by MrCodeSolo: 9:00am On Apr 02, 2021 |
Avast:consolidation phase my friend, FET is consolidating... 2 Likes |
Re: Crypto Currency Investors Thread by Eduwa4: 9:00am On Apr 02, 2021 |
no win coin on binance pls someone should kindly help on which app to get it from easily. 1 Like |
Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 9:05am On Apr 02, 2021 |
Ibeme:Meaning it's a 50-50 thing, but MARA and RIOT has not done bad for stock traders not "Investors" besides once profit ia booked one can pull out. Thank you for this information 1 Like |
Re: Crypto Currency Investors Thread by Avast(m): 9:06am On Apr 02, 2021 |
Eduwa4: It is there nw 1 Like |
Re: Crypto Currency Investors Thread by Avast(m): 9:06am On Apr 02, 2021 |
MrCodeSolo: Alright |
Re: Crypto Currency Investors Thread by Binance(m): 9:11am On Apr 02, 2021 |
Eduwa4:Coinmarket |
Re: Crypto Currency Investors Thread by InaNla(f): 9:15am On Apr 02, 2021 |
Guys let me share my small story about crypto. First, let us forget about years past and how one could not properly invest or manage BTC as of then. In the new era, I joined Binance in Nov. 2020. I deposited NGN 50,000 on 22/11/2020. Bought: BTC, BNB On the 20/12/2020 I deposited another N100,000 on Binance. Bought: BTC, ETH. On the 06/1/2021 I deposited another N100,000 on Binance. Bought: ETH, BUSD. In total I invested N250,000. BTC Price at my first purchase: 22/11/2020 => 18,688.97 (Highest for the day) BTC Price at my second purchase: 20/12/2020 => 23,147.17 (Highest for the day) BTC Price at my third purchase: 06/01/2021 => 33,514.04 (Highest for the day) I sold all today at $60,000/BTC. do the maths. In anticipation to reload in the coming pull-back. ![]() BNB Price at my first purchase: 22/11/2020 => 31.07 (Highest for the day) BNB Price at my second purchase: 20/12/2020 => 35.54 (Highest for the day) BNB Price at my third purchase: 06/01/2021 => 42.19 (Highest for the day) I sold all today at $356/BNB. ETH Price at my First purchase: 20/12/2020 => 659.92 (Highest for the day) ETH Price at my second purchase: 06/01/2021 => 1,209.43 (Highest for the day) ETH as of the post is $2,008.752. Not selling yet as the rally just begin... to the moon at $3,000+ I believe I could have made more money assuming am trading like the expats here. I also regretted not putting huge amount. Anyway, I only put in the amount I can afford to lose. Having come this far, I know better. Guys, am here now to learn the trading path for better returns and to increase my small TKH. ![]() Caveat: 'The risks of trading cryptocurrencies are mainly related to its volatility. They are high-risk and speculative, and it is important that you understand the risks before you start trading.' Only invest what you can afford to lose. 8 Likes 1 Share |
Re: Crypto Currency Investors Thread by PHijo(m): 9:22am On Apr 02, 2021 |
ETH has exceeded 2k and BNB coin is way beyond 300 usd. Does anyone think these prices are sustainable? |
Re: Crypto Currency Investors Thread by htdot: 9:26am On Apr 02, 2021 |
InaNla:Pls, how can I deposit on binance?. I want to try with 60 dollar first |
Re: Crypto Currency Investors Thread by InaNla(f): 9:26am On Apr 02, 2021 |
PHijo: How do you mean sustainable? It all depends on your strategy and what you are looking at. Trading or investing. If trading: determine your profit, take it and move on. If investing the end will justify the means. 4 Likes 1 Share |
Re: Crypto Currency Investors Thread by InaNla(f): 9:28am On Apr 02, 2021 |
htdot: Our dear CBN has made that now impossible. The only means is to buy USDT through P2P or transfer crypto from another exchanger to Binance. 1 Like |
Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 9:31am On Apr 02, 2021 |
htdot:do you have an account? |
Re: Crypto Currency Investors Thread by htdot: 9:32am On Apr 02, 2021 |
InaNla:Who can you recommend for such a transaction? I just dont want to fall a victim... 1 Like |
Re: Crypto Currency Investors Thread by htdot: 9:32am On Apr 02, 2021 |
LauraClasikVibe:Yes |
Re: Crypto Currency Investors Thread by afroxyz: 9:33am On Apr 02, 2021 |
InaNla: I would rather applaud you for having the discpline. That's the most important aspect 3 Likes |
Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 9:34am On Apr 02, 2021 |
htdot:Use p2p, look for Verified people on binance and ensure they are selling within 480-490 anything outside that is a rip off. |
Re: Crypto Currency Investors Thread by InaNla(f): 9:34am On Apr 02, 2021 |
htdot: I can only recommend Binance platform itself. Anything outside that is FRAUD. Buy USDT on P2P. I can guide you here. |
Re: Crypto Currency Investors Thread by InaNla(f): 9:35am On Apr 02, 2021 |
afroxyz: Thank you boss. |
Re: Crypto Currency Investors Thread by InaNla(f): 9:36am On Apr 02, 2021 |
LauraClasikVibe: I never saw prices below $491/USDT on P2P of late ooo? If you have people selling for 480 please let me know. I need ![]() 3 Likes |
Re: Crypto Currency Investors Thread by htdot: 9:37am On Apr 02, 2021 |
InaNla:Ok... I have a binance account |
Re: Crypto Currency Investors Thread by afroxyz: 9:37am On Apr 02, 2021 |
Re: Crypto Currency Investors Thread by franashi(f): 9:38am On Apr 02, 2021 |
Pls I want to sell my bitcoin, where and how can I do that pls? And how much |
Re: Crypto Currency Investors Thread by InaNla(f): 9:39am On Apr 02, 2021 |
afroxyz: I took heavy loss in March on the US stock and now trying to recover. The loss was part of initial gain thou. We shall return to the US stock platform in due course. Hope Biden infrastructure speech will help us stabilize the market. |
Re: Crypto Currency Investors Thread by InaNla(f): 9:40am On Apr 02, 2021 |
franashi: Which platform are you using? |
Re: Crypto Currency Investors Thread by InaNla(f): 9:40am On Apr 02, 2021 |
Re: Crypto Currency Investors Thread by Christiano25(m): 9:41am On Apr 02, 2021 |
Can someone recommend a coin that I can buy that will x3 |
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