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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3717866 Views)
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Re: Crypto Currency Investors Thread by KrazyDave16(m): 7:46am On Apr 09, 2021 |
Teeboy2300:Give education, yes. Ask another to control your financials without doing some effort to know the basics or even know why you got in in the first place or worse you don't even know the purpose of what you got... No As for the screenshot you using as evidence, I asked that question AFTER discovering about limit/stop orders which Luno didn't have at that time and I learned about it first. And also to know how good they were based on other users. Got my answer on the ED thread. But hey if you think this is me being rude, that's me stating facts and I don't sugarcoat things if money is involved. Either he and others asking others to make decisions on their financials learn now or they learn the hard way when others use them as bag holders. 2 Likes |
Re: Crypto Currency Investors Thread by hotplate: 8:03am On Apr 09, 2021 |
as at today which coin van i invest in? 1 Like |
Re: Crypto Currency Investors Thread by OffsahBoye(m): 8:03am On Apr 09, 2021 |
jedisco:Boss dy tell us before you buy or immediately you buy make we dy follow you with discretion Abeg 2 Likes |
Re: Crypto Currency Investors Thread by lkillbrokehoes: 8:04am On Apr 09, 2021 |
nittly:Especially E.T.H, imagine I wanted to withdraw $1800 from trustwallet the other day, you won't believe how much they charged me for gas fee, this is so ridiculous. |
Re: Crypto Currency Investors Thread by Tolu181: 8:06am On Apr 09, 2021 |
narit:what of Theta |
Re: Crypto Currency Investors Thread by lkillbrokehoes: 8:08am On Apr 09, 2021 |
O.G.N to the moon, I'm targeting $5 before I take profit. 1 Like |
Re: Crypto Currency Investors Thread by Jedalord: 8:21am On Apr 09, 2021 |
Teeboy2300:Yes bro the way they attack people on this thread shows pride and that's bad,no one knows tommorow 2 Likes |
Re: Crypto Currency Investors Thread by Kingofdiamond: 8:25am On Apr 09, 2021 |
For those that are new to crytocurrency. Check this thread https://www.nairaland.com/6498374/free-cryptocurrency-training-beginners |
Re: Crypto Currency Investors Thread by nittly(m): 8:32am On Apr 09, 2021 |
DenreleDave:Bro naso at least I have make 10% of my investment...... |
Re: Crypto Currency Investors Thread by nittly(m): 8:34am On Apr 09, 2021 |
lkillbrokehoes:The price shock me, imagine I want to invest #5k on NPXS and charge is #26k, Wetin happen |
Re: Crypto Currency Investors Thread by sonofElElyon: 9:07am On Apr 09, 2021 |
I'm a newbie. Trying to use bi.nan.ce.com I erroneously denied it access to my phone camera for facial verification initially.. now it keeps saying it can not access my camera. How do I overcome this? Bvn already sent but can't seem to buy crypto on p2p without facial verification. 1 Like |
Re: Crypto Currency Investors Thread by DieRich5: 9:20am On Apr 09, 2021 |
Stan2330:yeah I know |
Re: Crypto Currency Investors Thread by Mizwalterz(f): 9:30am On Apr 09, 2021 |
please I just found this coin on my trust wallet.
can I send BTC to this receive button?
|
Re: Crypto Currency Investors Thread by Gemineye: 9:44am On Apr 09, 2021 |
sonofElElyon:Go to your phone settings/Apps Look for binance app and grant it permission to use camera 3 Likes |
Re: Crypto Currency Investors Thread by sonofElElyon: 9:47am On Apr 09, 2021 |
Thanks for your response. I actually tried the app but wasn't able to fully log in because I wasn't getting the email verification code.. I only got phone verification code.. The submit button wasn't functioning when I tried to submit only the phone code So I went back to their website.. Gemineye: |
Re: Crypto Currency Investors Thread by bigjay01(m): 9:50am On Apr 09, 2021 |
nittly: Both are adding to my greens. But WRX de take style dull small. 2 Likes |
Re: Crypto Currency Investors Thread by Gemineye: 9:51am On Apr 09, 2021 |
sonofElElyon:Alright Did u check your email box tho..maybe spam folder 1 Like |
Re: Crypto Currency Investors Thread by PeaceIlya: 9:51am On Apr 09, 2021 |
DieRich5:Emotional trading is dangerous 1 Like |
Re: Crypto Currency Investors Thread by nittly(m): 9:54am On Apr 09, 2021 |
bigjay01:WRX still dey chill bro, you know the last time it moon? so it must relax a bit |
Re: Crypto Currency Investors Thread by bigjay01(m): 9:55am On Apr 09, 2021 |
sonofElElyon: Go into your settings (Binance app) , clear cache and retry. Additionally, manually grant the app all relevant permissions from your phone settings. 1 Like |
Re: Crypto Currency Investors Thread by Abimloaded(m): 9:58am On Apr 09, 2021 |
nittly: Safe to buy WRX now ? |
Re: Crypto Currency Investors Thread by PeaceIlya: 10:02am On Apr 09, 2021 |
PS: I hope you're aware trading is risky and there's no 100% guarantee in it's results. I'm not guaranteeing you this, I'm only sharing you an update I partook in myself so we all have the same results after on so it won't look like I drop results of an update I didn't share. |
Re: Crypto Currency Investors Thread by Stan2330(m): 10:04am On Apr 09, 2021 |
Pls, I placed a stop limit order to sell drep on binance. My price has been triggered but it has not been converted to usdt How do I go about it |
Re: Crypto Currency Investors Thread by Stan2330(m): 10:06am On Apr 09, 2021 |
I placed a stop limit order to sell drep. My price has been triggered but it is yet to convert to usdt.. I don't know why |
Re: Crypto Currency Investors Thread by nittly(m): 10:06am On Apr 09, 2021 |
Abimloaded:Bro "DYOR" this coi.ns was pump last week, if you can risk it |
Re: Crypto Currency Investors Thread by nittly(m): 10:09am On Apr 09, 2021 |
Stan2330:it mean your stop limit has not reach it target that why I has not been triggered |
Re: Crypto Currency Investors Thread by nittly(m): 10:09am On Apr 09, 2021 |
Stan2330:it mean your stop limit has not reach it target that why it has not been triggered |
Re: Crypto Currency Investors Thread by Stan2330(m): 10:22am On Apr 09, 2021 |
nittly:Actually it has passed.. I placed a stop limit to sell at 3.2 when the price reaches 2.8 but till now it has not been triggered |
Re: Crypto Currency Investors Thread by sonofElElyon: 10:26am On Apr 09, 2021 |
Re: Crypto Currency Investors Thread by pafra(m): 10:29am On Apr 09, 2021 |
Is any body monitoring Vet? |
Re: Crypto Currency Investors Thread by PeaceIlya: 10:39am On Apr 09, 2021 |
Financial Literacy Heard of Portfolio Diversification? In investments, not putting your eggs in one basket is called "Portfolio Diversification." Portfolio diversification is the process of investing your money in different asset classes. It's basically having a blend of investments. Diversification is key to keeping your portfolio balance healthy – especially in periods of economic downturn. Why Is It Important to diversify? It’s simple! To minimise the overall risk. In the event of you carrying all your eggs in one basket, there's a greater risk of you losing all of them if something bad happens. However, if you place your eggs in different baskets, you still have some eggs left if anything happens to one of the baskets. This can also be likened to your investments. When you effectively diversify your portfolio, you minimise risks. So, even if unforeseen market events come up, all your investments will not be uniformly affected. How Can You Diversify Your Portfolio? 1. Choose A Range of Assets This means dividing your investment portfolio among different asset categories such as stocks, CryptoCurrency mutual funds, bonds, etc. 2. Spread Your Investments After choosing your range of assets, spread your money across them. If you're much younger, you can afford to take more risks and be aggressive with growth. However, if you are older, you can’t be as aggressive. You should spread your investments more conservatively. 3. Invest In Global Markets The internet has made it easy and possible to invest in both local market & the global window. With the help of your mobile phone, you can easily invest in the Nigeria Stock Exchange, US or London Stock Market, CryptoCurrency etc to mention a few. When you invest in global markets, you get exposed to investment opportunities that are not present locally and hedge currency risk. 4. Rebalance Your Portfolio Regularly Portfolio diversification is not a one-off event. Ensure you keep building your portfolio. There is a concept called "cost averaging." Cost averaging helps you to put a fixed amount of money into an investment at regular intervals, thereby cutting down investment risks. 5. Don’t Over-diversify If you hold too many assets, it can do more harm than good to your portfolio. This means if you over-diversify, you may be holding back your capacity for growth. This is because if you have little proportions of your money in different or too many investments, your portfolio risk is definitely low, and so is your expected rate of returns. While portfolio diversification is important, we should not go overboard and spread it too thinly or even invest in assets that we don't require. You’ll also be dedicating time as well as capital, as diversification requires the regular monitoring of the health of your portfolio. Some investors choose to open fully managed portfolios, to pass over this responsibility to a professional. We should also know that diversification doesn't mean the possiblity of losses getting incurred is eliminated completely. When you diversify and balance effectively, you lower the risk of losses to the barest minimum. Have a great weekend! 2 Likes |
Re: Crypto Currency Investors Thread by PeaceIlya: 10:47am On Apr 09, 2021 |
Someone gave my friend 1m to trade Crypto because he is quite good at it. Two weeks after buying a coin, he made a 300K profit.The person was happy. Then he bought another coin that dipped and lost 100K from the 300K profit.The person began harassing him about losing her moneyGrimacing face I mean, the 100K that was lost was from a profit. The capital is still there with a 200K profit IN TWO WEEKS the person didn't work for. Easy money. But the 100K loss from a money that isn't technically yours yet is what you're worked up about. Greed is a sin One thing I've learnt from my little experience in dealing with Crypto (in fact all form of investment) is to NOT BE GREEDY, Be grateful for little gains and always be ready for bad days. It is okay to lose as long as it doesn't bankrupt you. 1.2m from 1m is still profit Btw, this friend of mine started trading during last year's lockdown and he's gotten quite good at it. He recently initiated me. If you're yet to key into the race of the moment, you should. Start off by getting tips from those experienced in the business (but don't be greedy) One of the best ways to start off is by following signals for trading. I'd recommend them for crypto and Forex where they have expertise. You can join the WhatsApp group after registration and benefit from their guidance/tips and other advance services. Simple advice, don't trade for anyone! The psychological stamina when trading with your money is different from when you trade with other people's money because if things go south, you can recoup it yourself but when it's other people's funds, you'll be pressured. 13 Likes |
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