lavylilly:
I am laughing because I am very sure they told you people are making millions in this market hence the need to be a full time trader.

The capital to start with is pocket dependent. $100 depends on the coin you invest in some coin can do 1345%, yeah, are you suprised? This is crypto the profit are abnormal and the losses are equally abnormal.

Read from page one to this current page, you will see valuable information which would guide you.

There is no need to re-invent the wheels when it comes to investment; simply do what wealthy people have successfully done over the years.

Determine your risk appetite and go for what works for you:
Low Risk = Treasury Bills, Mutual Funds, Fixed Income, Bonds...

Medium Risk = Real Estate Ownership, REITs...

High Risk = Stocks, Establish a business...

Super dangerous Risk= crypto...

One of my mentors always says: If you're too careful, you'll be careless!

Good afternoon

thank you

[quote author=elmoduddah post=102053714]

Sometimes your mood gets messed up by the market and you might not handle things properly at home.

This amplifies the mastering of emotions

This is having a plan or strategy

Like they have said, for your peace of mind, set a daily target of 5-10%

.

This is exiting the market

Once you hit it, leave the market.

daily target of 5% using $100 will give you a total of $432 (your capital inclusive).

it should be 135

A profit of $330 is N160,000. Cool money from just that small capital. Not easy but you can do it. Read, research, ask questions.

That’s my current trading style, so i can focus on my main business and have time for my family

elmoduddah:


I’m a mom of two and the reason i started crypto trading is because i’m into tech and somehow got exposed to the business. I have a main business while i trade crypto by the side. Its not going to be easy. Sometimes your mood gets messed up by the market and you might not handle things properly at home.
Like they have said, for your peace of mind, set a daily target of 5-10%. Once you hit it, leave the market. If you don’t cash out any amount for one month, a daily target of 5% using $100 will give you a total of $432 (your capital inclusive).
A profit of $330 is N160,000. Cool money from just that small capital. Not easy but you can do it. Read, research, ask questions.

That’s my current trading style, so i can focus on my main business and have time for my family

dope style
So using $1k to get $3k monthly is not bad

elmoduddah:


I’m a mom of two and the reason i started crypto trading is because i’m into tech and somehow got exposed to the business. I have a main business while i trade crypto by the side. Its not going to be easy. Sometimes your mood gets messed up by the market and you might not handle things properly at home.
Like they have said, for your peace of mind, set a daily target of 5-10%. Once you hit it, leave the market. If you don’t cash out any amount for one month, a daily target of 5% using $100 will give you a total of $432 (your capital inclusive).
A profit of $330 is N160,000. Cool money from just that small capital. Not easy but you can do it. Read, research, ask questions.

That’s my current trading style, so i can focus on my main business and have time for my family

Wow, I am motivated by ur experience, I shall give it a try. I am actually eyeing matic for now. Waiting for a dip to hop in

Mumben:

Wow, I am motivated by ur experience, I shall give it a try. I am actually eyeing matic for now. Waiting for a dip to hop in

Good, may I ask you what you know about the coin
The market cap
Circulating supply
Use case
Those behind the project

emmyniftyyem:

Hope to refer to this some day soon.

You will

lavylilly:
Good, may I ask you what you know about the coin
The market cap
Circulating supply
Use case
Those behind the project

to b very honest with you, d only thing I know is that d coin kept going up when btcee was dipping. I guess I need to do more research

yazga:
Yes, you can. Abies2d is a full time mom, she is a scalper,
Trader,
Sh!t coin ambassador
Moonshoot specialist and an investor. She started with $100, I read her journey into the crypto world on Telegram.

She should also share how she also lost money, it's not always roses as we paint it here. Sailor1
Jedisco
Openheaven2019, myself inclusive & other have lost money to this market. Let's also share our rough time in this market.

" the most dispensed advice is often ignored.."

Cowbell521:
Madam, NO... No do am. Buy and keep be the best U fit do.. Trading heartbreak fit break person..... Best na to invest and leave am for months/years

For example, na just buy and keep I dey do b4 but D when I discovered this thread 4 months ago, I don lose over $10k..... And na because I dey day trade/ week trade...... My advice be say make you wait make this whole bear market end then invest.

Look for business to dey do. So even if Bitcoin fail you, money go dey come from business. Na the wisdom wey Yoruba people wey dey hie no get I dey give you so

This is a bad advise, this is the time she is suppose to invest, because it will test her patience and emotions which is a Hallmark of a good trader, when she puts $50 and it turns to $25 or even $5, will she shout, scream, get angry, cry or call it a scam or would she rather remain calm and understand it's a business man risk to lose money?

Mumben:
to b very honest with you, d only thing I know is that d coin kept going up when btcee was dipping. I guess I need to do more research

Do what's suits you

Safemoon 0.0000078

Mumben:

Wow, I am motivated by ur experience, I shall give it a try. I am actually eyeing matic for now. Waiting for a dip to hop in

if you are entering crypto market with dz kind mindset you are going to lose some portion of your money big time...you are timing the market and that's pure gamble...
1-Can you setup a proper stop-limit loss parameter?

2-How well can you trail behind a coin when you are in profits and exit the trade..

3-How well do you understand the basic concepts of crypto trading 101
And finally stay away from shitcoins or moonfreaks

DieRich5:
dope style
So using $1k to get $3k monthly is not bad

make una teach me this thingy. Na so so losses person dey make. chai.

GreatManBee:

make una teach me this thingy. Na so so losses person dey make. chai.

wat u ask for

#BTC net transfer vol from exchanges just flipped negative again.

Market update: After all the FUD, China bought shit loads of Bitcoin and Elon turns back to positive.

And you were scared to hold and many have sold the dip in fear.. Right?

Same thing every damn time. That's why we buy when everyone is too scared.Hope you followed our buy signals!

For now, keep an eye on 42k next. If we can get above 43K this week that'd be super bullish on low timeframes.

Also, it looks like a reversal bottom, however we can be sure once Bitcoin breaks above 42k resistance!

Cowbell521:
U must be stvpid for saying that. Ur brain no tell u say person wey never chop no fit put $8k to shit coin? I don lose over $10k in the past 4 months nd I still dey as I dey.... The wey u take see $100 fit be the wey I see $10k.... U gerit?

Please let's be civil in our conversations....
The person you quoted made some valid points too.

Many people here don't know basic rules and regulations of trading crypto they are just looking to get rich quick


Even those with "predictions"

They'll just "predict" that xyz coin would get to 123 price

It would get there and they'll feel like geniuses

Rubbish

Only God knows how many people have "predicted" that BTC would get to 100k

When it finally reaches, they'll say "sheyb I said it"

Anybody can actually come and openly "predict" anything.

Predict or not, BTC would definitely hit 100k at one stage or another

I am buying more of xrp from the profit I made yesterday, I have a feeling xrp will moon

lavylilly:
Market update: After all the FUD, China bought shit loads of Bitcoin and Elon turns back to positive.

And you were scared to hold and many have sold the dip in fear.. Right?

Same thing every damn time. That's why we buy when everyone is too scared.Hope you followed our buy signals!

For now, keep an eye on 42k next. If we can get above 43K this week that'd be super bullish on low timeframes.

Also, it looks like a reversal bottom, however we can be sure once Bitcoin breaks above 42k resistance!

Bwahaha, I remembered on this same thread when betc reach 50-60k, I took my profit & stayed away from it, some peeps where saying e go go higher, but I just commot my capital... Though some of the coins I bought a few days ago haven't shown much change. But The first Betc dip & recent recovery made sense die. Sold & waiting for more dips

Mumben:
To all d crypto traders in d house, please I have a serious question. Can one trade crypto as a full time job? Like how much capital will one require to be able to generate reasonable amount of profit weekly or monthly? Please help a confused Mum. I am currently unemployed so my reason for asking.

That's not how crypt0 works... You're much more likely to make a loss than profit if you approach it that way...
Day trading requires time, skill nd lots of oda things....
I remember advising some people earlier on this thread against day trading.... Most lost hugely and disappeared....

Before you start day trading in this market, it's advisable to have traded it for at least 2 years.
It's much easier to approach things from a higher time frame... You end up making and keeping more than most daytrading...

Also, crypt0 is best done as a passive investment with very clear targets of when and how you want to take profits

jedisco:


Please let's be civil in our conversations....
The person you quoted made some valid points too.

LauraClasikVibe, no vex say I call you stupid. I vex because U say I dey greedy.... Las Las, all of us go take profit

lavylilly:
Many people here don't know basic rules and regulations of trading crypto they are just looking to get rich quick


Even those with "predictions"

They'll just "predict" that xyz coin would get to 123 price

It would get there and they'll feel like geniuses

Rubbish

Only God knows how many people have "predicted" that BTC would get to 100k

When it finally reaches, they'll say "sheyb I said it"

Anybody can actually come and openly "predict" anything.

Predict or not, BTC would definitely hit 100k at one stage or another

I am buying more of xrp from the profit I made yesterday, I have a feeling xrp will moon

Mama, Hope you won't come here to tell us "I told you so" when XRP finally moons?

He knows something

While following such transactions can be difficult and even moreso to actionably trade, there's definitely been a sharp increase in the volume of such minting since the selloff. Been seeing a good number of such high volume mint and transfer into exchanges... Similar scenario at 10k.. Seems some folks have been patiently waiting....

It'd be interesting to see how much net increase in stable coyns by months end...

This is not saying bitc0in moons immediately.... Remember the 50-60k distribution ranged for about 3 months... reaccumulation too wouldn't complete in 2 days... But so far, signs are good

Cowbell521:
Says a nude addict. I see you are still young. Maybe when you drop that addiction and work hard, you won't see that as legally impossible by the time you grow old. U don't call me guy. I am old enough to be your father


FYI: I don dey buy BTC since 2014, so U are not qualified to dey tell me what to do


Stupid Yoruba people

Stupid Tribalist, I doubt if you have a brain . Because if you do, you will stop making hasty generalization!

Valwezzy:


Mama, Hope you won't come here to tell us "I told you so" when XRP finally moons?

No, I sold off at 750, now the price is 457

lavylilly:
No, I sold off at 750, now the price is 457

na which wallet you dey use?

lavylilly:
No, I sold off at 750, now the price is 457

You didn't grab the drill...

Anyways, just do your thing.

MasonKendall:
na which wallet you dey use?

Trove Wallet