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Crypto Currency Investors Thread - Investment (2235) - Nairaland

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Re: Crypto Currency Investors Thread by akigbemaru: 5:12pm On Mar 06, 2022
clems88:
and I have kp3r. I'm 50% down. Just came came back from church just to see it's 400$ . Is there any need to panic?
Quick question: Let say you flip that $400 on staking and when you are ready to cashout as in sell at ATH and keep the money on the platform to buy again when its price falls. What percent would the platform charge and how much you pay as tax to the government? Where I am, you stake, sell and swap, the government wants taxes on everything which I think it is bad for my crypto business.
Re: Crypto Currency Investors Thread by Goldbw122(m): 5:34pm On Mar 06, 2022
So what is the best indicator to use ?

1 Like

Re: Crypto Currency Investors Thread by DonGenovese: 5:41pm On Mar 06, 2022
akigbemaru:

Quick question: Let say you flip that $400 on staking and when you are ready to cashout as in sell at ATH and keep the money on the platform to buy again when its price falls. What percent would the platform charge and how much you pay as tax to the government? Where I am, you stake, sell and swap, the government wants taxes on everything which I think it is bad for my crypto business.

Let me quickly respond to you... Cryptocurrency is currently banned as a means of exchange in Nigeria and as such the Government can't take taxes from an activity that's banned.

3 Likes

Re: Crypto Currency Investors Thread by moshuur(m): 6:08pm On Mar 06, 2022
placed an order to buy cream at 30$..., but d thing no gree leave 40k range.
Oga oooo....this crypto ehn., Same me that was wishing dat cream should pump few wks ago is now wishing for it to dip.

3 Likes

Re: Crypto Currency Investors Thread by Babalakin(m): 6:24pm On Mar 06, 2022
METIS!!!... I love this coin..12% within an hour .

1 Like

Re: Crypto Currency Investors Thread by Ibime(m): 6:54pm On Mar 06, 2022
Anyone know why FTM is getting hammered? Is it because Andre Cronje said he's not involved in any project but KP3R?

I just caught a falling knife on FTM on a bid I even forgot I had set
Re: Crypto Currency Investors Thread by Icecream4U(m): 7:00pm On Mar 06, 2022
Itzlinda:
Be like say best thing is to stick to btc and eth and bnb. All these idiot would just wake up one day and rug pull the project
They are designed to steal your btc.
Re: Crypto Currency Investors Thread by Edipet(m): 7:14pm On Mar 06, 2022
Ibime:
Anyone know why FTM is getting hammered? Is it because Andre Cronje said he's not involved in any project but KP3R?

I just caught a falling knife on FTM on a bid I even forgot I had set
any little hope for the Ftm?
Re: Crypto Currency Investors Thread by Icecream4U(m): 7:23pm On Mar 06, 2022
Ibime:
Anyone know why FTM is getting hammered? Is it because Andre Cronje said he's not involved in any project but KP3R?

I just caught a falling knife on FTM on a bid I even forgot I had set
Waiting to catch the falling knife on FTM at bid 1.1.

KP3R is dipping hard too.
Re: Crypto Currency Investors Thread by Yellowblack: 8:02pm On Mar 06, 2022
Well... I don't have much to say...
Dump your FTM now

Re: Crypto Currency Investors Thread by DaemoLee: 8:07pm On Mar 06, 2022
Imagine FTM many placed hope of cashing out big on and Kp3r I have bn eyeing to add to my PF. Non seem fascinating right now. FTM to see 0.8 soon most likely.
Well, as whales as they are. The news might be to make many sell at loss then buy low to shoot price again (Pump & Dump)
If u buy ETH and something happens to Vitalik 2mao or says he wants to pull out bn a co founder, wahala for ETH.
Buy BNB and CZ says he his pulling out for other project (Not likely anyways) wahala for BNB.

Why not stay glued to BTC its creator detached self/selves from beginning.

Many events has happened in this crypto space lately, that has made me rethink and restrategise.
As a hodler/ investor, by now u ought to have seen what's best for u.

6 Likes

Re: Crypto Currency Investors Thread by akigbemaru: 8:11pm On Mar 06, 2022
DonGenovese:

Let me quickly respond to you... Cryptocurrency is currently banned as a means of exchange in Nigeria and as such the Government can't take taxes from an activity that's banned.

So you are saying if I sold my crypto coins for let say $100,000 on Binance, I do not need to pay the government 37 percent plus 5.28 percent for the state like in USA. I might need to take my crypto trading to Nigeria. Thank you very much for your response.
Even if you STAKE, the government wants 37 percent on Long term gains and more on Short-Term gains. Is Binance still the best platform to trade and stake crypto? It is not allowed where I am. I am willing to come to Nigeria and use my passport to open a Binance account.
Re: Crypto Currency Investors Thread by Lucremoy(m): 8:16pm On Mar 06, 2022
clems88:
and I have kp3r. I'm 50% down. Just came came back from church just to see it's 400$ . Is there any need to panic?
Stay calm and DCA

4 Likes

Re: Crypto Currency Investors Thread by DenreleDave(m): 8:18pm On Mar 06, 2022
akigbemaru:


So you are saying if I sold my crypto coins for let say $100,000 on Binance, I do not need to pay the government 37 percent plus 5.28 percent for the state like in USA. I might need to take my crypto trading to Nigeria. Thank you very much for your response.
Even if you STAKE, the government wants 37 percent on Long term gains and more on Short-Term gains. Is Binance still the best platform to trade and stake crypto? It is not allowed where I am. I am willing to come to Nigeria and use my passport to open a Binance account.

Nobody charges u in Nigeria but u av to be careful as bank cud block ur account if they find any crypt. o transactions but for tax, it's not existing here

1 Like

Re: Crypto Currency Investors Thread by DenreleDave(m): 8:32pm On Mar 06, 2022
FTM is coming down to 0.1

Keep3vr is coming to $20


OMG I can't wait oh boy

2 Likes

Re: Crypto Currency Investors Thread by DenreleDave(m): 8:34pm On Mar 06, 2022
Lucremoy:

Stay calm and DCA
Dca till he reach 20 dols abi

What if the coin never recovers again, then he will loose more than he should have lost initially

2 Likes

Re: Crypto Currency Investors Thread by DenreleDave(m): 8:35pm On Mar 06, 2022
Make una go check zkswap... Fell from 11 dols to 0.1 cent


ICP fell from over 800 dollars to 18 dollars currently

1 Like

Re: Crypto Currency Investors Thread by Ibime(m): 8:46pm On Mar 06, 2022
Icecream4U:
Waiting to catch the falling knife on FTM at bid 1.1.

KP3R is dipping hard too.

Looks like the Andre Cronje has quit Defi altogether so all his coins are dropping.
Re: Crypto Currency Investors Thread by EmmanuelScott1(m): 8:53pm On Mar 06, 2022
Ibime:


Looks like the Andre Cronje has quit Defi altogether so all his coins are dropping.

yeah, it's not only Ftm dropping, imagine YFI at top losers today, that Andre just left crypto entirely

1 Like

Re: Crypto Currency Investors Thread by Oyindamolah: 8:54pm On Mar 06, 2022
Goldbw122:
So what is the best indicator to use ?
EMA
RSI
MACD
Bollinger bands

1 Like

Re: Crypto Currency Investors Thread by Oyindamolah: 8:56pm On Mar 06, 2022
Yellowblack:
Well... I don't have much to say...
Dump your FTM now
Short it on futures and cash out

1 Like

Re: Crypto Currency Investors Thread by EmmanuelScott1(m): 8:56pm On Mar 06, 2022
Those coins dropping is because of the FUD (expected), besides we're still in dip.

1 Like

Re: Crypto Currency Investors Thread by Fastt: 8:59pm On Mar 06, 2022
clems88:
and I have kp3r. I'm 50% down. Just came came back from church just to see it's 400$ . Is there any need to panic?
I wanted to buy but just decided to check the site. There is an alert that the project is abandoned and the source code open to anyone to continue. This is not a very good sign. Maybe the community might take over, maybe not.
As a dev point of view, the source code looks like copy ND paste, last commit was done months ago(very little resources) . All these so called "dev" just copy and paste source code, change the token value, tweak some little thing then abandon project and move to the next thing. That's why they are Called sh1tcoins. God there is money in this business.
That reminds me, I took over an abandoned project, the owner committed suicide, released the source code for any one to continue his path. I have taken over the project and mehn, I have never seen so much info in one place.
Anywayback to your questiln, I would advise you to sell the remaining balance and bid for 115 on Metis, you might recover some losses. Goodluck.

1 Like

Re: Crypto Currency Investors Thread by seunmsg(m): 9:13pm On Mar 06, 2022
I bought FTM at $2.9 and DCA at $1.8. Now I have to dump my bag at $1.4.

And to think this is the same FTM that was hyped as a strong project that will rise to $10. Nawa o cry cry cry

9 Likes

Re: Crypto Currency Investors Thread by Ibime(m): 9:15pm On Mar 06, 2022
Fastt:

I wanted to buy but just decided to check the site. There is an alert that the project is abandoned and the source code open to anyone to continue. This is not a very good sign. Maybe the community might take over, maybe not.
As a dev point of view, the source code looks like copy ND paste, last commit was done months ago(very little resources) . All these so called "dev" just copy and paste source code, change the token value, tweak some little thing then abandon project and move to the next thing. That's why they are Called sh1tcoins. God there is money in this business.
That reminds me, I took over an abandoned project, the owner committed suicide, released the source code for any one to continue his path. I have taken over the project and mehn, I have never seen so much info in one place.
Anywayback to your questiln, I would advise you to sell the remaining balance and bid for 115 on Metis, you might recover some losses. Goodluck.

Are you saying that KP3R is a copy and paste shitcoin?
Re: Crypto Currency Investors Thread by Spandau: 9:19pm On Mar 06, 2022
seunmsg:
I bought FTM at $2.9 and DCA at $1.8. Now I have to dump my bag at $1.4.

And to think this is the same FTM that was hyped as a strong project that will rise to $10. Nawa o cry cry cry

Kadoso Mutairu! Bitcoin magnate.
Re: Crypto Currency Investors Thread by Ibime(m): 9:20pm On Mar 06, 2022
seunmsg:
I bought FTM at $2.9 and DCA at $1.8. Now I have to dump my bag at $1.4.

And to think this is the same FTM that was hyped as a strong project that will rise to $10. Nawa o cry cry cry

Why dump at $1.4?

This is the range others will start buying. The bad news dump has been taken. By tomorrow, the FTM team will start releasing counter-info on how Cronje was not a vital part of FTM yada yada yada

3 Likes

Re: Crypto Currency Investors Thread by Fastt: 9:24pm On Mar 06, 2022
Ibime:


Are you saying that KP3R is a copy and paste shitcoin?

From what I saw on the site, it's a sh1tcoin. Most of the commits are only on the master branch by this same cronje guy. No activity just some copy and paste source code. Even if someone takes over the project, nothing much to do, except he uses a whale to pump to g et more money only to abandon. In this present condition, after seeing the sh1tty source code, I wouldn't touch that project. That's just me though.

1 Like 1 Share

Re: Crypto Currency Investors Thread by Ibime(m): 9:33pm On Mar 06, 2022
Fastt:


From what I saw on the site, it's a sh1tcoin. Most of the commits are only on the master branch by this same cronje guy. No activity just some copy and paste source code. Even if someone takes over the project, nothing much to do, except he uses a whale to pump to g et more money only to abandon. In this present condition, after seeing the sh1tty source code, I wouldn't touch that project. That's just me though.

Na wa oh, so the Cronje guy sef na just self promoter selling dreams

I just called one of my advisor who said that it's likely that SEC have reached out to him in the background, and that FTM price is likely to be depressed in the next couple of months as people will just japa whenever their various stakings unlock, and that gas prices on the network have gone astronomical today as people seek exit. He even hinted that this could be a hammer blow and switch away from defi narrative since Cronje is the father of defi. That's the biggest narrative of this bull. If that narrative disappears,.no other narrative (metaverse, gaming, NFTs) is strong enough to continue to drive this bull. I just quickly japa as my buy was at $1.50

4 Likes

Re: Crypto Currency Investors Thread by EmmanuelScott1(m): 9:34pm On Mar 06, 2022
Ibime:


Why dump at $1.4?

This is the range others will start buying. The bad news dump has been taken. By tomorrow, the FTM team will start releasing counter-info on how Cronje was not a vital part of FTM yada yada yada

they have already

Re: Crypto Currency Investors Thread by Ibime(m): 9:36pm On Mar 06, 2022
EmmanuelScott1:


they have already

Still I done japa when my guy explained how much their ecosystem relies on staking which people are just waiting to unlock and japa
Re: Crypto Currency Investors Thread by Ekehwinz: 9:38pm On Mar 06, 2022
FTM will rise again

If you choose to sell at a loss, na you sabi

1 Like

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