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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3719208 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 clems88(m): 5:05pm On Apr 07, 2021 |
Notyamate:na me e sweet pass av got 700$ stocked in there. ![]() 5 Likes |
Re: Crypto Currency Investors Thread by icon02(m): 5:10pm On Apr 07, 2021 |
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Re: Crypto Currency Investors Thread by nihilistjnr: 5:20pm On Apr 07, 2021 |
Ibime: You're right. But what happened was that I wasn't patient to wait for resistance and would fomo back in when the coin I sold refused to dip. It was after I lost 4 eth that I realised the importance of patience. I suppose swing trading is the way to maximise profits....but with my current stack, every £100 price increase translates to a couple k gain, so I can afford to leave it and let it ride jare 3 Likes |
Re: Crypto Currency Investors Thread by suzzyrims: 5:42pm On Apr 07, 2021 |
Re: Crypto Currency Investors Thread by SteveOfu: 5:47pm On Apr 07, 2021 |
Trex4:What do you know about it? How many exchanges is listed? What's the use case? |
Re: Crypto Currency Investors Thread by SteveOfu: 5:49pm On Apr 07, 2021 |
nihilistjnr:Newbies, read the bolded SLOWLY, in this space we no dey know am finish, that's why we say it's not a financial advise or DYOR 2 Likes |
Re: Crypto Currency Investors Thread by SteveOfu: 5:49pm On Apr 07, 2021 |
KrazyDave16:Valid |
Re: Crypto Currency Investors Thread by SteveOfu: 5:50pm On Apr 07, 2021 |
Moneywirer:What do you know about it? |
Re: Crypto Currency Investors Thread by SteveOfu: 5:58pm On Apr 07, 2021 |
SteveOfu:LESSON You see when such coins are listed Step 1 Do your do RESEARCH, read about it before it goes live Step 2 Always find out it use case and how it may solve a current challenge in that industry or sector Step 3 Find out how many exchanges it's trading on because you may have many bag holder of it on other exchanges e.g Kucoin or Gate.io would have listed it maybe March/February and bag holders on bitmax have dumped it on them on Kucoin when it was listed. So, when it listed on binance, Kucoin bag holder profit from it and you (newbie) become a bag holder. You may wonder how is that even possible, you can transfer from one exchange to another e.g. Binance to Kucoin. Good evening 9 Likes 2 Shares |
Re: Crypto Currency Investors Thread by Ritapearlydove(f): 6:09pm On Apr 07, 2021 |
The red is invasive. Lol ![]() 1 Like |
Re: Crypto Currency Investors Thread by Sunndaywillie: 6:16pm On Apr 07, 2021 |
jedisco:thanks boss |
Re: Crypto Currency Investors Thread by Moneywirer: 6:19pm On Apr 07, 2021 |
SteveOfu: Looked at the chart. Looks bright and it's currently below 1 cent 1 Like |
Re: Crypto Currency Investors Thread by SteveOfu: 6:29pm On Apr 07, 2021 |
Moneywirer:Make I jump enter then |
Re: Crypto Currency Investors Thread by Loverboy3333: 6:41pm On Apr 07, 2021 |
please someone should tell btc the havoc it has done is enough 1 Like |
Re: Crypto Currency Investors Thread by jedisco(m): 6:51pm On Apr 07, 2021 |
Ibime: Hehe... If one buys a coin whenever bullish news breaksout expecting a pump, e no go tey to get broke... As tricky as interpreting charts could be, relying on news can even be much more tricky. In trading, we look for confluence and there can be lots of stuff to combine to give a clearer view It's one thing to get the news, it's another to interpret it. A good number of times, price goes opposite of what folks expect moreso if it's just a news event. Not too long ago, there was alot of news on betece options expiry and volatility.. the options expired and nothing happened. We're in a bullish market, so price will respond to bullish news. There's been alot of bearish news on betece that'd have caused a dump in a bear market but folks aren't even concerned about...The fact that betece had been on a rip since 20k and has just began to cool down meant that news or no news, alyts would rally. For a large cap to go parabolic, lots of money needs to flow into it and usually that happens over a while, the parabolic phase comes with a confluence of multiple stuff and yes the right news can be the fire to ignite it... If the marjet is bearish, even very bullish news will at most cause a pump that'd be sold into.. look at the betece china pump 2yrs ago... Look at doge... Elon has been tweeting on it... anytime he does, ut rallies but is massively sold into... But then, it's slowly building structure and if support can hold long enough, sooner or later, it'd move (except if those selling have unlimited supply) and folks will say it's cos he tweeted. On xrp, the sec issue wasn't just a news event.. because of that US exchanges delisted it causing a massive selloff. That happened quickly... Now everyone have been talking about the case for months, if they lose the case, I wouldn't be surprised price doesn't move simply cos most folks who wanted to sell have sold... If the win/settle, it may respond well cos that'd mean exchanges can list again 7 Likes 1 Share |
Re: Crypto Currency Investors Thread by nairalanduser23: 6:56pm On Apr 07, 2021 |
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Re: Crypto Currency Investors Thread by Ibime(m): 7:05pm On Apr 07, 2021 |
jedisco: I believe TA stops one from getting harmed by buying into a coin with no support structure and many sellers, and also sets you up for incremental gains, but parabolic moves are always driven by narratives given the structure is there already and there are not too many bagholders willing to sell into the news. XRP exhausted a lot of bagholders in January (December bagholders prior to SEC announcement when price was 0.7) during the January pump to 0.7. Without the SEC narrative, it can't go 2x just like that, regardless of TA, but if it went past that 0.7, it would not face much historic resistance till $3.30 from 2017, as well as the round numbers. I also rode XRP January pump from $0.3 to $0.7 and I dutifully set exit at $0.65 knowing it will collapse at $0.7. You are right, news alone cannot drive a parabolic move if the sellers have not been exhausted (structure) but you can't go parabolic without narrative either. 1 Like |
Re: Crypto Currency Investors Thread by nittly(m): 7:38pm On Apr 07, 2021 |
Tamel:Thanks, the reason why it not going is because I didn't have BNB for charge fees that why |
Re: Crypto Currency Investors Thread by pragmatistm(m): 7:59pm On Apr 07, 2021 |
And its getting redder. But I know that at the end of the tunnel there will be light. 1 Like
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Re: Crypto Currency Investors Thread by Nobody: 8:31pm On Apr 07, 2021 |
please has WIN been listed on Binance, plus is it advisable for me to buy WIN now? 1 Like |
Re: Crypto Currency Investors Thread by Nobody: 8:34pm On Apr 07, 2021 |
Adeolaissacutie:Broooo 1 Like |
Re: Crypto Currency Investors Thread by Daniboygeorge22: 8:42pm On Apr 07, 2021 |
Adeolaissacutie:I bought win worth 100usdt days back now the dip sef ehn is scary. I pray it improves soon |
Re: Crypto Currency Investors Thread by nittly(m): 8:47pm On Apr 07, 2021 |
wahala be like trust wallet exchange with ERC network, please who have idea I want to swap my ETH to PUNDIX (NPXS) but the charge fees is too much, Any other alternative way in doing that |
Re: Crypto Currency Investors Thread by Notyamate(f): 8:49pm On Apr 07, 2021 |
Am I the only one following ENJ and OGN abi why is no one talking about them 4 Likes |
Re: Crypto Currency Investors Thread by remi1444: 8:51pm On Apr 07, 2021 |
Daniboygeorge22:Apparently some days back I bought NKN at the rate of 180 per coin few hours later I checked and realized it has gone down to 159, I hurriedly sold it at 158 naira. As at this moment, it's sold for 380+ that means I would have gone home with a 100% profit if I didn't panic sell. Like post nut clarity, after I sold it I started asking myself why did I buy if I didn't want to wait and makea reasonable amount of the coin. My point is, 90% of the time, patience is key. At the moment I split my short term portfolio into BEAM, TROY, DENT and WIN Courtesy of the Calabar lady here and jesdisco . Let's see how the outcome in a month time. 2 Likes |
Re: Crypto Currency Investors Thread by BrokerHaruna: 8:53pm On Apr 07, 2021 |
CHZ is getting ready Be patient and hodl 12 Likes |
Re: Crypto Currency Investors Thread by onyidon22(m): 8:55pm On Apr 07, 2021 |
... |
Re: Crypto Currency Investors Thread by Betensure: 8:56pm On Apr 07, 2021 |
Keep smiling to the bank ![]()
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Re: Crypto Currency Investors Thread by Nobody: 8:58pm On Apr 07, 2021 |
wanderingsoup:I'm a lady bruh! 2 Likes |
Re: Crypto Currency Investors Thread by Daniboygeorge22: 8:58pm On Apr 07, 2021 |
remi1444:Thanks for the encouraging words sir. If i look at my portfolio sef ehn e dey break my heart.. Lol I pray things get better soonest! |
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