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Crypto Currency Investors Thread - Investment (875) - Nairaland

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Re: Crypto Currency Investors Thread by DenreleDave(m): 8:19pm On May 25, 2021
Cowbell521:

Honestly, I regret say I made da statement.. I got angry when I see two mentions yabbin me...... But I dey very sorry.... And Yoruba women beautiful Oooo. I dey very sorry

Yoruba na wise people. Otedola, Adeleke, Ogunleshin. all of them na witness

Even as I describe $10k no be D way E be. $10k no be small money naw..... But when Pesin con still dey call me greedy join the [b]heartbreak wey crypto don give me, the thing pain me wella..... But make una no vex. Na anger. That is not [/b]who I am..... I dey very humble for real life. And $10k is not like N50k.... Because I no make reach $2,500 per month, so how $10k go con be like N50k for my eye.... All na because of anger. Make una no vex ....

Cc: Mahj, Tolu181

I swear I understand.... The heartbreak no be for here.... grin grin grin grin all go dey aiit by God grace

8 Likes

Re: Crypto Currency Investors Thread by Oyindamolah: 8:22pm On May 25, 2021
grin
Ugaboy:
hell, horrible, and not attractive.

That why I said it is not a financial advice...
Remember a combination of fundamentals and technical analysis give a coin an edge. Except they will burn, they may delist it. I am just wondering how it was able to scale binance strict listing requirements.
Re: Crypto Currency Investors Thread by Oyindamolah: 8:25pm On May 25, 2021
DenreleDave:


I swear I understand.... The heartbreak no be for here.... grin grin grin grin all go dey aiit by God grace
That's 5m naira, for this kind burahi breeze wey dey blow, have you lost money in this market? If you have, you go gentle, calm down, observe and ask questions when necessary even for real life, people go dey ask you, Dave is everything alright, you will say, yes you are okay, na when you wan eat rice or play maybe PS3 tears go just dey drop for you eyes.

5 Likes

Re: Crypto Currency Investors Thread by DieRich5: 8:30pm On May 25, 2021
Abeg make doge coin enter $1 first, b4 una go talk abt other animal Coin tongue

11 Likes

Re: Crypto Currency Investors Thread by Pojomojo: 8:33pm On May 25, 2021
Haryoureendey4:

You will still regret this in the next 7yrs by the time a single doge what $3,000
Read my last statement and this time SLOWLY. Greed is the bane of many of you. Good evening!
Re: Crypto Currency Investors Thread by MasonKendall(m): 8:44pm On May 25, 2021
DieRich5:
Abeg make doge coin enter $1 first, b4 una go talk abt other animal Coin tongue
grin animal coin.

4 Likes

Re: Crypto Currency Investors Thread by Pojomojo: 8:44pm On May 25, 2021
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.
Mom! I will advise you read from pg 1 atleast to get a better understanding of this market since you have time on your hands. DON'T trade anything yet until you are convinced you can trade.

Happy trading!

5 Likes

Re: Crypto Currency Investors Thread by Pojomojo: 8:47pm On May 25, 2021
grin and you crying you lost $10, this life no balance
Cowbell521:
I don modify my comment. I strongly advise against day trading or full time trading..... look for business do! Look for business do!!!!

Crypto no be business.... I am not saying this because I lost,. I have made far more than that as at 2014... But to avoid heartbreak, look for business do
Re: Crypto Currency Investors Thread by Pojomojo: 8:48pm On May 25, 2021
Sapiosexuality:
Please, how do I go about trading USDT? Any course on that or link? Thank you.
Yeah! Type the above on YouTube
Re: Crypto Currency Investors Thread by bigx(m): 8:48pm On May 25, 2021
Ugaboy:


Btc and some Alt coins where like ones u just described before they make significant increase.

Don't underestimate any coin... especially the ones that are influence by public figures...

There is profit in waiting �

BTC has a max circulation of 21,000,000 coins
Shiba? 1,000,000,000,000,000

If Shiba ever reaches the TOTAL current crypto market cap, the price would be 0.0025 meaning it still has to reach the current market cap and then go 400x from there to get to $1.

^^^ the math might be a bit off because I'm not being paid for it but that's the economics of $1

The World economy (everybodies money, countries, companies, Bezos, everything ) has a market cap of $38tn.

Crypto (every single coin) market cap got to a high of $2.5tn.

What market cap would Shiba need for $1?

Put your hard earned money in what you understand o.
Edit: Correction Added
Born2berich:


On the bolded, the world’s market capitalisation should be at $100 trillion.

Also, American's wealth is said to have surpassed $100trillion. I just said I should correct you.

The rest is spot on sir.

11 Likes

Re: Crypto Currency Investors Thread by Pojomojo: 8:50pm On May 25, 2021
afroxyz:


I subscribe to the second one
why?
Re: Crypto Currency Investors Thread by Pojomojo: 8:51pm On May 25, 2021
kiss
bigx:


BTC has a max circulation of 21,000,000 coins
Shiba? 1,000,000,000,000,000

If Shiba ever reaches the TOTAL current crypto market cap, the price would be 0.0025 meaning it still has to reach the current market cap and then go 400x from there to get to $1.

^^^ the math might be a bit off because I'm not being paid for it but that's the economics of $1

The World economy (everybodies money, countries, companies, Bezos, everything ) has a market cap of $38tn.

Crypto (every single coin) market cap got to a high of $2.5tn.

What market cap would Shiba need for $1?

Put your hard earned money in what you understand o.
Re: Crypto Currency Investors Thread by Cowbell521: 8:52pm On May 25, 2021
Oyindamolah:
You were GREEDY, simple and short! You were thinking you could flip $10k to $20k. In this market, we advise you invest what you can afford to loose.

Lessons to newbies: Nobody on this thread give a rat tag if you loose money, see this place like a Idumota, Upper Iweka, Sambo Gari or Gwagalada market. No time for kalo kalo, or Ajo contribution

Learn from other people's experience and don't make such mistake.
Lol.. I don do am before, and I go do am again after this bear market...... And E go work out just as b4....

Hope others go still learn when I dey profit... Abi you think if I had made profit, I go come here con announce am? Lol

I will resume my long time trading again....

Mistakes wey I don make:

1. I dey day/week trade
2. I buy coin wey I sabi natin about

Make una note that I never invest for any coin before aside BTC and XRP. Not even ETH... Na since 4 months ago wey I enter shit coin and lose big

5 Likes

Re: Crypto Currency Investors Thread by Cannicus: 8:53pm On May 25, 2021
Oyindamolah:
How do you know they are verifiable with track record, have they won an award like channelsTV?
She is a noob, what she need is knowledge for the next one month not jumping to trade signals.
Does she know what signals is?
Does she know what stop loss is?
Does she understands TP is?

K !
Re: Crypto Currency Investors Thread by Ugaboy: 9:09pm On May 25, 2021
Oyindamolah:
grin Remember a combination of fundamentals and technical analysis give a coin an edge. Except they will burn, they may delist it. I am just wondering how it was able to scale binance strict listing requirements.
When there is no bias and outlier in crypto marketing such as political and system board manipulation

...that is when fundamental and technical Analysis gives edge... reminiscing on what happened week ago...the deeper dip day...both those that buy/long and sell/shot, spot, and margin traders all lost in the market square.

P2P trader were just catching cruise...

...all in essence, trade wisely, and know when to enter and come out of trade.

6 Likes 1 Share

Re: Crypto Currency Investors Thread by SteveOfu: 9:29pm On May 25, 2021
Notyamate:


See ehn, all this shît-coîns are like playing gambles but in other to win you have to be smart in playing the game. Some times self your smartness won't help you.

There are lots of coins released everyday and if you are not careful or you are like someone who jumps from coin to another, the chances of getting dumped on or rug-pull is pretty high.

To your question, what I do is check the coin out on their telegram group, look at the numbers of members, and how active they are (this is very important). Even if the number of their members is small, like say 500, so far they are active you can still make profit.

Yesterday I made x2 on $FullSun, they were like 600 on the group but because I saw how active the group was, I bought their coin. Do not put your money if the group is quite, I have like 3 coins being dumped on me due to inactivity.

I don't think anyone can tell if a coin will be rug-pull until it is. That's why we all have to be careful out there.

Also trade with what you can afford to lose.

Make I no forget this, whenever you are in profit and your mind is telling you to pull out, please do or just take out your money (with some profit) and allow the rest to ride, at least if everything came crashing, e no go pain you much grin
Re: Crypto Currency Investors Thread by SteveOfu: 9:32pm On May 25, 2021
Cowbell521:
Lol.. I don do am before, and I go do am again after this bear market...... And E go work out just as b4....

Hope others go still learn when I dey profit... Abi you think if I had made profit, I go come here con announce am? Lol

I will resume my long time trading again....

Mistakes wey I don make:

1. I dey day/week trade
2. I buy coin wey I sabi natin about

Make una note that I never invest for any coin before aside BTC and XRP. Not even ETH... Na since 4 months ago wey I enter shit coin and lose big
This is the first step to recovery, admitting your mistakes and making amends.

1 Like

Re: Crypto Currency Investors Thread by Justcul(m): 9:41pm On May 25, 2021
Does anyone here know why my portfolio balance is greater than sum total value of my coins? Thanks all

1 Like

Re: Crypto Currency Investors Thread by Ibime(m): 10:00pm On May 25, 2021
lavylilly:
#BTC net transfer vol from exchanges just flipped negative again.

As in more going out than coming in?

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Tolu181: 10:01pm On May 25, 2021
Justcul:
Does anyone here know why my portfolio balance is greater than sum total value of my coins? Thanks all
mistake
Re: Crypto Currency Investors Thread by Ibime(m): 10:02pm On May 25, 2021
jedisco:
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

Is there a minting chart we can track (not marketcap) for stable coins?
Re: Crypto Currency Investors Thread by DenreleDave(m): 10:10pm On May 25, 2021
Oyindamolah:
That's 5m naira, for this kind burahi breeze wey dey blow, have you lost money in this market? If you have, you go gentle, calm down, observe and ask questions when necessary even for real life, people go dey ask you, Dave is everything alright, you will say, yes you are okay, na when you wan eat rice or play maybe PS3 tears go just dey drop for you eyes.

grin

2 Likes

Re: Crypto Currency Investors Thread by Ibime(m): 10:11pm On May 25, 2021
bigx:

The World economy (everybodies money, countries, companies, Bezos, everything ) has a market cap of $38tn.

Slight correction. Global GDP is $90trln and that is produced within a year. So the total value of the world is in the gazillions.

Gold Marketcap alone is $11trln

11 Likes

Re: Crypto Currency Investors Thread by SteveOfu: 10:21pm On May 25, 2021
Ibime:


Slight correction. Global GDP is $90trln and that is produced within a year. So the total value of the world is in the gazillions.

Gold Marketcap alone is $11trln

What's the use case of Shiba? It's an unlimited supply o! Well, na to make profit from the coin, I no dey marry coin sha
Re: Crypto Currency Investors Thread by SteveOfu: 10:22pm On May 25, 2021
Asset allocation involves dividing an investment portfolio among different asset classes, such as stocks, bonds, and cash. The process of determining which mix of assets to hold in your investment portfolio is a very individual. The asset allocation that works best for you at any given point in your life will depend your ability to tolerate risk & time horizon.

Time Horizon: The duration for which an investor intends to keep the money invested in the portfolio in order to achieve a particular financial goal..

Risk Tolerance: Risk tolerance is your ability and willingness to lose some or all of your original investment in exchange for greater potential returns.

Three types of investors:

Aggressive: This type of investor will want to maximise their return and is willing to accept a high amount of risk.

Moderate: This type of investor values higher long term returns and is willing to take moderate risk.

Conservative: This type of investor want modest income and capital growth with reasonable capital preservation.

Mumben, What type of investor are you?

6 Likes 3 Shares

Re: Crypto Currency Investors Thread by Mumben(f): 10:26pm On May 25, 2021
Pojomojo:
Mom! I will advise you read from pg 1 atleast to get a better understanding of this market since you have time on your hands. DON'T trade anything yet until you are convinced you can trade.

Happy trading!
Thanks, I have been a silent follower of this thread, I av bn following from page 1 and that is what has ignited my interest in trading. My bro gifted me 102 units of doge when it was @$.38, I watched it grow to .71 and I didn't realize I should av sold it then. I am still holding though.

1 Like

Re: Crypto Currency Investors Thread by CryptoMatic: 10:28pm On May 25, 2021
bigx:


BTC has a max circulation of 21,000,000 coins
Shiba? 1,000,000,000,000,000

If Shiba ever reaches the TOTAL current crypto market cap, the price would be 0.0025 meaning it still has to reach the current market cap and then go 400x from there to get to $1.

^^^ the math might be a bit off because I'm not being paid for it but that's the economics of $1

The World economy (everybodies money, countries, companies, Bezos, everything ) has a market cap of $38tn.

Crypto (every single coin) market cap got to a high of $2.5tn.

What market cap would Shiba need for $1?

Put your hard earned money in what you understand o.

What is this

So Apple is > 5% of the world market cap?

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Mumben(f): 10:39pm On May 25, 2021
SteveOfu:
Asset allocation involves dividing an investment portfolio among different asset classes, such as stocks, bonds, and cash. The process of determining which mix of assets to hold in your investment portfolio is a very individual. The asset allocation that works best for you at any given point in your life will depend your ability to tolerate risk & time horizon.

Time Horizon: The duration for which an investor intends to keep the money invested in the portfolio in order to achieve a particular financial goal..

Risk Tolerance: Risk tolerance is your ability and willingness to lose some or all of your original investment in exchange for greater potential returns.

Three types of investors:

Aggressive: This type of investor will want to maximise their return and is willing to accept a high amount of risk.

Moderate: This type of investor values higher long term returns and is willing to take moderate risk.

Conservative: This type of investor want modest income and capital growth with reasonable capital preservation.

Mumben, What type of investor are you?
To answer ur question, I am a moderate investor
Re: Crypto Currency Investors Thread by SteveOfu: 10:56pm On May 25, 2021
Oyindamolah:
That's 5m naira, for this kind burahi breeze wey dey blow, have you lost money in this market? If you have, you go gentle, calm down, observe and ask questions when necessary even for real life, people go dey ask you, Dave is everything alright, you will say, yes you are okay, na when you wan eat rice or play maybe PS3 tears go just dey drop for you eyes.
This made me remember $SKY pump by WSB 550, went to 50, aye o!! I remember I was a group member of WSB from reddit, they had announced the date and time and usually send reminders. I had to off and on my phone 6 times, I uninstalled & install the binance app 3 times thinking it was a technical glitch.
I checked the Telegram channel see testimony by the admin that they gained 8000% profit but mine was from 550 to 50, they even showed the video of how it was pumped, the green candle stick long pass third mainland bridge but am at a loss of over 500. More like aja sa ere owo Jo nó.

Omo! Mo wa fi ara bale (I come gentle and meek like a lamb) even if I enter bank, I dey check everything wey I fill, ensure it the right, amount, the correct date and right slip I have, always asking to be double sure the date is correct. I don't even argue again at viewing center, I went as far as joining the church choir, if them dey sing, I dey cry, people feel I am feeling the song or the song is ministering to me, but they don't know the crying is actually the money I lost to WSB pump. When it time to pray for the devil to die, come see cabashing for WSB, WSB wa sho ku (WSB you will die prematurely), Wa sun e ku e (WSB, they will cry for you), Oni ri alanu (You will never see a helper) owo to je mi, emi e a fe bo.

It's wasn't a funny experience, but I look back now and laugh at myself.
TKO was hyped & pumped by WSB, where is it today? I remember I warned about it on this thread.

LESSONS
1. Once a coin is to be listed, find out the exchange it's has been trading on
2. Check the technical analysis on those exchanges
3. If it's more than one exchange e.g Mx pro, Kucoin, gate.io, chances are they will dump on you because those people on the other exchanges are heavy bag holders

12 Likes 1 Share

Re: Crypto Currency Investors Thread by Born2berich: 10:57pm On May 25, 2021
bigx:


BTC has a max circulation of 21,000,000 coins
Shiba? 1,000,000,000,000,000

If Shiba ever reaches the TOTAL current crypto market cap, the price would be 0.0025 meaning it still has to reach the current market cap and then go 400x from there to get to $1.

^^^ the math might be a bit off because I'm not being paid for it but that's the economics of $1

The World economy (everybodies money, countries, companies, Bezos, everything ) has a market cap of $38tn.

Crypto (every single coin) market cap got to a high of $2.5tn.

What market cap would Shiba need for $1?

Put your hard earned money in what you understand o.

On the bolded, the world’s market capitalisation should be at $100 trillion.

Also, American's wealth is said to have surpassed $100trillion. I just said I should correct you.

The rest is spot on sir.

5 Likes

Re: Crypto Currency Investors Thread by bigx(m): 11:02pm On May 25, 2021
Born2berich:


On the bolded, the world’s market capitalisation should be at $100 trillion.

Also, American's wealth is said to have surpassed $100trillion. I just said I should correct you.

The rest is spot on sir.
Thanks grin
Re: Crypto Currency Investors Thread by YoungDaNaval(m): 11:10pm On May 25, 2021
Greetings house. Is it possible for one to transfer coins from a different wallet to binance?

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