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Crypto Currency Investors Thread - Investment (1311) - Nairaland

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Re: Crypto Currency Investors Thread by jigabanty(m): 10:55pm On Sep 10, 2021
fidelitystrs:
In Nigeria $1 =N545 my savings in Nigeria banks is depreciating drastically. Can anyone advise me on how save in secured usdt or binance usdt, My salary is just reducing day by day because of inflation tongue...someone should help advice.. thanks

Get a bundle wallet. Add your money into the wallet and just buy busd with it. 7days ago busd was 530, now it's 545, early this month it was 510.... Before the end of this year dollar go reach 1k.... this I have seen.

5 Likes

Re: Crypto Currency Investors Thread by Tamel(m): 11:08pm On Sep 10, 2021
Lucremoy:

This is usually a bad sign. Whenever an airdrop asks you to send withdrawal fee, it's best to ignore.
However, some airdrops are legit and don't ask for any fee, I'm on a Telegram group where they post only good ones, that was where I got babylons (BABI) from and also solanium (SLIM) back then.

I'm just saying PSG isn't running airdrop atm, so that's usually what happens when you participate in a wrong airdrop and try to withdraw.

I also got in on Slim and sfund airdrop back then by the way. Some Airdrops are legit .

1 Like 1 Share

Re: Crypto Currency Investors Thread by nna777: 11:15pm On Sep 10, 2021
Moved my profit from Luna to Xrp. Make e rest there.

4 Likes 1 Share

Re: Crypto Currency Investors Thread by VeecThorr(m): 11:17pm On Sep 10, 2021
Lucremoy:

This is usually a bad sign. Whenever an airdrop asks you to send withdrawal fee, it's best to ignore.
However, some airdrops are legit and don't ask for any fee, I'm on a Telegram group where they post only good ones, that was where I got babylons (BABI) from and also solanium (SLIM) back then.
could you share the group?
Re: Crypto Currency Investors Thread by Tamel(m): 11:19pm On Sep 10, 2021
nna777:
Moved my profit from Luna to Xrp. Make e rest there.

I believe Luna is still gonna run. Made a new Ath on both bytycy and USD pair
Re: Crypto Currency Investors Thread by Hauwi(f): 11:20pm On Sep 10, 2021
Taiwo20:
How do I buy other coins on binance?
I mean coins like ADA, ripple Litecoin etc. The only coins available through p2p are btc,usdt bnb,busd eth etc.

What's spot trading?
Buy usdt or busd on p2p transfer them to your spot wallet and trade it for any coin you want

2 Likes

Re: Crypto Currency Investors Thread by nna777: 11:25pm On Sep 10, 2021
Tamel:


I believe Luna is still gonna run. Made a new Ath on both bytycy and USD pair


Definitely. For now the hourly chart isn't looking good. People that bought Tuesday dip @22:95 have been selling since on the hour every hour. I will come back when the coast is clear.

1 Like

Re: Crypto Currency Investors Thread by Tamel(m): 11:32pm On Sep 10, 2021
nna777:


Definitely. For now the hourly chart isn't looking good. People that bought Tuesday dip @22:95 have been selling since on the hour every hour. I will come back when the coast is clear.

Yeah I'm looking for an entry too make this bytcy dip no go swallow me

1 Like

Re: Crypto Currency Investors Thread by Leezah(f): 11:58pm On Sep 10, 2021
Sheriman:

Na lie!!! you never chop liquidation message
I have gotten it several times and at the same time made money from futures the laptop am using to type this was from futures money

1 Like

Re: Crypto Currency Investors Thread by Leezah(f): 12:00am On Sep 11, 2021
Lucremoy:

This is usually a bad sign. Whenever an airdrop asks you to send withdrawal fee, it's best to ignore.
However, some airdrops are legit and don't ask for any fee, I'm on a Telegram group where they post only good ones, that was where I got babylons (BABI) from and also solanium (SLIM) back then.
link to the Telegram group

1 Like

Re: Crypto Currency Investors Thread by elmoduddah: 12:03am On Sep 11, 2021
Beansrice:
Anyone here who trades with kucoin
I do. My favorite exchange for spot trading

1 Like 1 Share

Re: Crypto Currency Investors Thread by Ibime(m): 12:29am On Sep 11, 2021
htdot:
Look out for club^s tokens

Is that because they move when market is down?
Re: Crypto Currency Investors Thread by Prost1948: 2:16am On Sep 11, 2021
Investing in cryptocurrency can be lucrative, but it's also one of the riskiest investments you can make. The benefits and risks of cryptocurrency can be weighed to help you make an informed decision.

Forex trading
Re: Crypto Currency Investors Thread by spiniverse1: 3:03am On Sep 11, 2021
The sleeping giant (Sol) don wakeup.

2 Likes

Re: Crypto Currency Investors Thread by Timekeeper: 3:09am On Sep 11, 2021
Lucremoy:

This is usually a bad sign. Whenever an airdrop asks you to send withdrawal fee, it's best to ignore.
However, some airdrops are legit and don't ask for any fee, I'm on a Telegram group where they post only good ones, that was where I got babylons (BABI) from and also solanium (SLIM) back then.

Pls bro.. Group name
Re: Crypto Currency Investors Thread by Timekeeper: 3:15am On Sep 11, 2021
DieRich5:
my brother, I Dy break from trading, I'm only holding and I nor wan make dat guy come Dy attack me for anything I post saying I'm forming analyst............ right now na only $ICP Dy mk me vex and I'll be offloading $ada tomorrow

I hope u keep to your words.....

grin

2 Likes

Re: Crypto Currency Investors Thread by Ruben225571(m): 5:08am On Sep 11, 2021
ADA ADA ADA

I’m 70% Sure Ada may not moon tomorrow been 12 of September due to a lot of people are waiting to cash out some today and some tomorrow “ which may prom this whales to short Ada!!! Or better still manipulation!!

My best bet on ADA moon day is 25-26 September!!!

Not financial advice!!

7 Likes

Re: Crypto Currency Investors Thread by Litigant(f): 6:01am On Sep 11, 2021
Oh wow, super grateful for this reply. You know I will always tell myself I want to learn this thing then chicken out after some time because it looks tough o.
So yesterday I started watching YouTube videos for cryptocurrency beginners and I still don't get anything.
Saw one ilegend tread here on nairaland and it helped me a bit so I downloaded luno . Looks strange I won't lie. Totally strange but this time around I am determined.
I pray I don't loose too much money on this. Ready to teach my self. It will all make sense at the long run. Thanks for the heads-up and good morning
Miracle112:



Nobody’s gonna teach you crypto market/ trading better except experience.
Lemme start by telling how I got the knowledge I have today about crypto and my little experiences.
Sometimes YouTube videos will confuse you the more if you do not know jack about the market.

I got into crypto about 5 months ago when doge coin was booming with no experience or research, I just jumped in. Lol.
I started with roqqu wallet, it was really easy for me there as a beginner until roqqu disappeared with 3x interest lol.
I bought a bag doge coin at 80 Naira about 400k worth , my initial intention was to hold for 5 years because the person that introduced me to the market recommended long term investment.
The money rose, I saw my money tripled and I was like wow! I don make am just few months into this business, Wahalai i gats buy more doge ( my mind) little did I know that It was the initial gra gra of the crypto world.
Before I put more money I decided to make a little research about doge, I watched YouTube videos, read articles online, joined public forums, Facebook and quora groups, Nairaland just to know more about this coin and market.
Hahaha, that’s how I got to know that my coin ( doge coin) is just pumping and will dump/ reduced drastically after SNL . One YouTuber even advised we sell all our dogecoin 2days before SNL.
Now I have a little knowledge about crypto and I was afraid of losing my money. it’s a game of lose or win. I started monitoring doge coin charts , checking my phone every time to know whatsup with doge.
(I am sharing my experience with you in other to help you know where/how to start in the crypto market. )
So my mind set changed from holding my doge for a long term to selling my doge after SNL and buy again when it dips . All this while I was using Roqqu wallet.

Fast forward to Saturday, some hours before SNL show let’s 8 hours before the show.
I was with my phone and laptop monitoring doge chart and moves on Roqqu back to back in case there any slid dip from 0.7 i withdraw my money.
Lol
What happened next still pains me till date.
Roqqu! Yes Roqqu wallet was disabled!
roqqu went on maintenance without even notifying anyone.
This maintenance last for about 4 days or so ..
I was I afraid I had lost my money. I began looking for their social media pages. I finally found their Facebook page and eww, comments and reviews I read there made me XX roqqu wallet.
I had to research for a better trading site for Nigerians and I found Binance and others .. I said binance and others because for now binance is the best I’ve used so far.
My knowledge in crypto market has expanded a little bit by this time.
When I opened Binance app for the first time I was like wtf ! I didn’t understand sh1t.
This is when I started bombing YouTube:
How to buy Coins On binance
How to buy coins on binance using p2p
How to use binance p2p
How to trade on binance
How to place order on binance etc..
this crypto market the person wer carry me come don leave me run lol..
I’m still a newbie and my main trading experience is spot trading on binance. I just buy the reds and sell the greens.
I also have coins I’m holding for longer term, I have coins I’m staking and I have coins I’m trading via spot trading. I don’t know jack about future trading but I’ll get there.
So my dear, you don’t really need someone to guide you in crypto Market. You might end up being scammed . Experience is your best guidance.
Follow this thread back to back, don’t miss a single page. Interact here if you can, else be a ghost follower in the thread believe me you’ll learn a lot .
Good luck


4 Likes

Re: Crypto Currency Investors Thread by Beansrice(m): 6:06am On Sep 11, 2021
Can someone help me, pls which of limit and market is best for trading.

Re: Crypto Currency Investors Thread by dayo229: 6:18am On Sep 11, 2021
Litigant:
Oh wow, super grateful for this reply. You know I will always tell myself I want to learn this thing then chicken out after some time because it looks tough o.
So yesterday I started watching YouTube videos for cryptocurrency beginners and I still don't get anything.
Saw one ilegend tread here on nairaland and it helped me a bit so I downloaded luno . Looks strange I won't lie. Totally strange but this time around I am determined.
I pray I don't loose too much money on this. Ready to teach my self. It will all make sense at the long run. Thanks for the heads-up and good morning

Before you do too much wahala.... You can't trade on Lunno as a Nigerian.... Look for other exchanges.... Bynance, kucoiin, Gate, etc..... They might look complicated but once you learn you'll get the hang of it....

5 Likes

Re: Crypto Currency Investors Thread by dayo229: 6:25am On Sep 11, 2021
Beansrice:
Can someone help me, pls which of limit and market is best for trading.

Na you go know that one na grin .... As someone explained to you earlier, if you can't wait for your limit order to get filled use market.

Coin is at $9.... If you use market price it will
sharperly buy at $9, no waste of time.... With limit, you put you own order.... coin is $9 but you don't want to buy at the price.... You input your own price $8.... You wait for it to get filled....

Difference between the two.... Market price is very fast.... Limit, you go wait until it gets filled.... Or not grin

Most traders I know use limit.... Myself included wink

7 Likes

Re: Crypto Currency Investors Thread by Hamzashaf99(f): 6:26am On Sep 11, 2021
DMCY:


Please let me know when you find one, I’m good with the basics and all, just need help with the TA aspect. Lost so much to crypt0 already and I think it’s the right time for me to go in for the kill.

You can follow Emperorbtc on Tweeter and telegram. I learnt a bit from both Rayner Theo and Tradeceity on YouTube even though they bjtg mainly deal with forex, but they explain the technical analysis well for a beginner.

3 Likes

Re: Crypto Currency Investors Thread by Jerry59: 6:31am On Sep 11, 2021
Beansrice:
Can someone help me, pls which of limit and market is best for trading.
someone already answered this earlier but then let me do that one last time... None is best it depends on you... For instance a coyn is currently trading at $5.2... Market order is used to execute trade immediately without you setting a price that means you’ll buy the said coyn for $5.2 while in the process of buying whatever movement the coyn makes up or down will also determine the final price but for limit you set a price you want to buy yourself. Still taking $5.2 into consideration you can decide to set your buying price to $5.1 and whenever to coyn drops to that price your trade is executed.... same applies when selling a coyn... I just hope I didn’t confuse you the more with this write up undecided

3 Likes

Re: Crypto Currency Investors Thread by DieRich5: 7:01am On Sep 11, 2021
jigabanty:


Get a bundle wallet. Add your money into the wallet and just buy busd with it. 7days ago busd was 530, now it's 545, early this month it was 510.... Before the end of this year dollar go reach 1k.... this I have seen.
yeah, I knew dis shit go happen so I just bought alots of USDT back Dem put for binance ND Xmas Dy come so dollars go fvckin go up well

2 Likes

Re: Crypto Currency Investors Thread by spiniverse1: 7:28am On Sep 11, 2021
Good morning guys, which is better between Luna and Dot ?
Re: Crypto Currency Investors Thread by dayo229: 7:32am On Sep 11, 2021
DieRich5:
yeah, I knew dis shit go happen so I just bought alots of USDT back Dem put for binance ND Xmas Dy come so dollars go fvckin go up well

On #10m person go don gain #360k in just a month.... Which bank fit give that kind of interest.... No trading, nothing, just buy USDT and relax cheesy ....

5 Likes

Re: Crypto Currency Investors Thread by yerima21: 7:46am On Sep 11, 2021
E.GL.D !

racing to smash ATH even in the midst of bloody dip
good use case

1 Like 1 Share

Re: Crypto Currency Investors Thread by DMCY: 7:54am On Sep 11, 2021
Hamzashaf99:


You can follow Emperorbtc on Tweeter and telegram. I learnt a bit from both Rayner Theo and Tradeceity on YouTube even though they bjtg mainly deal with forex, but they explain the technical analysis well for a beginner.

Thank you
Re: Crypto Currency Investors Thread by DieRich5: 7:56am On Sep 11, 2021
dayo229:


On #10m person go don gain #360k in just a month.... Which bank fit give that kind of interest.... No trading, nothing, just buy USDT and relax cheesy ....
I swr............ I'm not happy about d falling of naira cus those making money wit naira are feeling the hit big time cry
Re: Crypto Currency Investors Thread by Hazardd(m): 8:04am On Sep 11, 2021
nna777:
Moved my profit from Luna to Xrp. Make e rest there.
will u buy eth on Luna.. have like 320 thousand on Luna
Re: Crypto Currency Investors Thread by Beansrice(m): 8:09am On Sep 11, 2021
Jerry59:
someone already answered this earlier but then let me do that one last time... None is best it depends on you... For instance a coyn is currently trading at $5.2... Market order is used to execute trade immediately without you setting a price that means you’ll buy the said coyn for $5.2 while in the process of buying whatever movement the coyn makes up or down will also determine the final price but for limit you set a price you want to buy yourself. Still taking $5.2 into consideration you can decide to set your buying price to $5.1 and whenever to coyn drops to that price your trade is executed.... same applies when selling a coyn... I just hope I didn’t confuse you the more with this write up undecided
I understand, but can I cancel an order I have placed, when I think It's not going the direction I want.

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