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Re: Crypto Currency Investors Thread by Born2conquer: 10:24pm On Apr 24, 2022 |
MrCamron:I still have more questions though |
Re: Crypto Currency Investors Thread by MrCamron(m): 10:24pm On Apr 24, 2022 |
Born2conquer: Smile.... Hold on before you close your position. Whats your liquidation price,is your liquidation price below 37500 usd? I am asking because "if" a Liquidation wick should occur ,it will be touch the price region of $37.5k to $38.5k because Bulls are likely to get a nice long entry around $37.5k to $38.5k. |
Re: Crypto Currency Investors Thread by Born2conquer: 10:24pm On Apr 24, 2022 |
XaToXi:Entered around 40.9 It was meant to be a quick flip |
Re: Crypto Currency Investors Thread by MrCamron(m): 10:26pm On Apr 24, 2022 |
XaToXi: Nice input. 3 Likes |
Re: Crypto Currency Investors Thread by Born2conquer: 10:27pm On Apr 24, 2022 |
dayo229:I've been in crypto for over 2years as a hodler but it's pretty boring because I haven't made any tangible profit. Lol, I started with the 20$ last month on future and it's been pretty good. I make losses but my capital preservation was top-notch and my profit was always able to cover up. I no know as this one con wan enter voice mail |
Re: Crypto Currency Investors Thread by moshuur(m): 10:31pm On Apr 24, 2022 |
Patosky4U:wait oooo....u don dca on stg already?? I thought d plan is to wait for it at 1.1 |
Re: Crypto Currency Investors Thread by MrCamron(m): 10:33pm On Apr 24, 2022 |
Born2conquer: Futures trading does that, once the price reaches the liquidation price, your money (open position) is lost/gone !! |
Re: Crypto Currency Investors Thread by ThisisIkemefuna(m): 10:34pm On Apr 24, 2022 |
Guy I am holding twitter space now. Crypto,nft,games.. Let's Rob minds |
Re: Crypto Currency Investors Thread by Patosky4U: 10:35pm On Apr 24, 2022 |
moshuur: Boss from what am seeing on the chart, my village people has won the race on STG so man must move. I have lock the wallet throwey key, I will visit it in the next 3 year no need of any DCA again. Over $2k dey there the drail. One lesson I learnt in crypto is never dwell in ur lost too much. At least person give call wey print $$ for me today. I don recover small 5 Likes |
Re: Crypto Currency Investors Thread by MrCamron(m): 10:42pm On Apr 24, 2022 |
Born2conquer: Let me share some rules/tips for flipping (scalping) with you. Using Trailing stop method; once (Take profit 1)tp1 is done put (Stop Loss)SL at entry. This saves traders who can't afford any loss, So put SL at entry once PNL goes above 50-60%. When tp2 is done don't move sl to Tp1 rather just keep sl at entry When tp3 is done then move sl to tp1. With time after you have mastered this, you can always twerk it just how you prefer. Cheers ! 8 Likes 1 Share |
Re: Crypto Currency Investors Thread by Lucremoy(m): 10:44pm On Apr 24, 2022 |
Born2conquer:I hope it works out for you bro |
Re: Crypto Currency Investors Thread by XaToXi: 10:51pm On Apr 24, 2022 |
Born2conquer: What leverage are you using? There's strong resistance at 39800-40,000 right now. Hopefully, the weekly close can break that resistance. Hope you have set a TP? [s] There are a couple of advanced plays you could do. Like selling a fraction at resistance and rebuying back at support to compound and lower your entry price, but that would be too much for a beginner.[/s] Just hang tight and look for money to DCA at 38200 and 37200.
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Re: Crypto Currency Investors Thread by Born2conquer: 10:52pm On Apr 24, 2022 |
MrCamron:Like 50% profit?? I hardly wait for 50% profit I do aim for 20% and I close the whole trade |
Re: Crypto Currency Investors Thread by Born2conquer: 10:53pm On Apr 24, 2022 |
XaToXi:Supoort and resistance 2) No, I don't use TP and SL, yet do master it. Always online to take profit and close the trade once I see 20% profit or close once I witness like 20% loss below capital level |
Re: Crypto Currency Investors Thread by moshuur(m): 10:54pm On Apr 24, 2022 |
Patosky4U:Meehnnn....I dca today at 1.32 and I still dey reason am say I go enter again if d price go lower. I know say we go dey ok |
Re: Crypto Currency Investors Thread by XaToXi: 11:04pm On Apr 24, 2022 |
Born2conquer: 5X, 20X, 50X or 125X leverage? It will affect your liquidation price as it's not fixed. |
Re: Crypto Currency Investors Thread by Born2conquer: 11:06pm On Apr 24, 2022 |
XaToXi:Leverage: 10X, presently on 31% loss |
Re: Crypto Currency Investors Thread by MrCamron(m): 11:07pm On Apr 24, 2022 |
Born2conquer: Thats future for you ! smile... !! Once you understand and trade futures better,you wont have cause to feel that way again. Presently I'm a position with negative 700% ROE (Return on Equity),i go to sleep peacefully,i dont even think of the trade because i know i cant get liquidated. My liquidation price is around 21000. I actually forgot to close the position when i was in profit,thinking i had already closed the position. And thats because i have a number of binance accounts i manage for friends. For the fact that i have put in place proper RISK MANAGEMENT tactics,thats why i didnt get liquidated. No loss,just floating loss ! And floating loss is no loss once your position is still open. Market is never wrong It doesn't care about how much you lost.. You lost your house or you make billions.. So don't force market to make money Please have patience. And don't think you are gonna miss something FOMO Like two months before people were crazy for dot buying at 50$ that it's never gonna come down. Now it came to 18$ Same people buying Ltc at 200+, eth 4200+, ada 2.5+, solana 200+ So remember patience is your another best friend. Never think that u will not get opportunity. And always apply proper risk management and leverage to maintain profit/loss ratio. Cheers. 14 Likes 2 Shares |
Re: Crypto Currency Investors Thread by MrCamron(m): 11:10pm On Apr 24, 2022 |
Born2conquer: Sure. That's why I said earlier "With time after you have mastered this, you can always twerk it just how you prefer" |
Re: Crypto Currency Investors Thread by Ezemarcel(m): 11:18pm On Apr 24, 2022 |
Ibime:yes boss But that coin is still very early It will also release their dance to earn game and integrate it to their app on 29th Kucoin is yet to list it (which is in sight |
Re: Crypto Currency Investors Thread by oceanized25(m): 11:28pm On Apr 24, 2022 |
I have actually done this project as an airdrop,yes I mean this project...was surprised to see it,but immediately I did I remembered someone (you)wrote about it on nairaland,it actually gave me the believe that it would be worth something...don't want to post but if any wants to do the airdrop I will WizkidNews: |
Re: Crypto Currency Investors Thread by Born2conquer: 11:36pm On Apr 24, 2022 |
MrCamron:Me Camron, thanks for tonight. Thanks for installing those confidence 1 Like |
Re: Crypto Currency Investors Thread by XaToXi: 11:45pm On Apr 24, 2022 |
Born2conquer: 10X is still moderately safe. That 31% loss is like a 3.1% drop in btc price. Btc would have to dump 10% for you to get liquidated at 10X leverage. That's like the $37k you mentioned. Personally, I'd wait it out since it's btc we are talking about. Once the loss reduces to 10% - 5%, then I can consider stop losses if market hasn't improved. |
Re: Crypto Currency Investors Thread by MrCamron(m): 11:57pm On Apr 24, 2022 |
Born2conquer: You are welcome, anytime ! |
Re: Crypto Currency Investors Thread by DieRich5: 12:42am On Apr 25, 2022 |
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Re: Crypto Currency Investors Thread by seanwilliam(m): 1:19am On Apr 25, 2022 |
Lmao. So after holding for 5 months , this is my honest submission o.. Well one bitter lesson I’ve learned in this crypto thingy is patience. Honestly opportunity no Dey finish for this space. And for newbie pls try and learn first before you go throw in money .. trust me you’re not missing anything o. Just learn learn first o.. learning no even cost you anything .. Imagine someone that bought sol @ 220+ and still holding believing that one day go be one day and someone that bought @ 85$ .. even if it doesn’t go back to the ATH, buying @ 85$ at worst would guarantee 20% - 30% without hassle in the past one month .. Imagine someone buying shiba/doge now that it’s down by -70%. Any little pump na gain for you . But you wey buy at the top , even if it pumps 50%, you’re still running at loss.. Oga try Dey pile up usdt and wait for the right opportunity to strike.. See if you’ learn and Dey patience even if you go lose , e go Dey minimal .. e no go too hit you hard.. Now imagine someone that bought sol/shib/doge at the top with thousands of $$$, tell me which condition e go Dey now which kind preaching u one tell am wey go cool him body ?? And there’s no 100% assurance that it will go back to its ATH self…. lmao I realize that most of us calling crypto scam failed to learn first and exercise patience… FOMO.. I no sabi all these analysis sha cos I take this as side hustle but regardless of how rich I am , I no like to Dey lose money anyhow o.. We learn from experience. I’m still ; holding ( I’m already running at lost so it’s either I die or I resurrect ). Also there’s nothing bad in taking reasonable profit too o, the end goal is to make money So why u go Dey keep malice with profit? And there’s nothing like small profit , na your capital go determine.. some people 10% fit be 1k$ while your own go be 10$ I’ll be trying this new strategy of patience and knowledge with few 100s of dollars and see if I don better small .. Cheers. Meanwhile , no forget to trade your gift cards, funds (PayPal,zelle, skrill, NETELLER, greendot etc ) with me Tested and trusted 100% Ebi oni pawa o 23 Likes |
Re: Crypto Currency Investors Thread by Born2conquer: 1:27am On Apr 25, 2022 |
Born2conquer:Liquidated, like it went down within 1mins to touch my liquidated price and that's it! Went back up immediately. 2k dollars gone |
Re: Crypto Currency Investors Thread by Sunndaywillie: 1:46am On Apr 25, 2022 |
Qasak:omo my opinion is, if you're not feeding off it, then go ahead, but if you're, you should watch your trade carefully, btc no dey smile these days, it controls the market. 1 Like |
Re: Crypto Currency Investors Thread by DaemoLee: 1:47am On Apr 25, 2022 |
Born2conquer: It's disheartening reasoning the kinda money one loose while trying to make more money. #B strong. U might need to take a break else loose more while chasing d loss. 1 Like |
Re: Crypto Currency Investors Thread by Babalakin(m): 1:48am On Apr 25, 2022 |
Born2conquer: |
Re: Crypto Currency Investors Thread by Born2conquer: 1:50am On Apr 25, 2022 |
DaemoLee:Like bro! The loss was around 500$ and I swear to GOD! in less than 10seconds! Viam! Whole 2300$ gone on a 10× leverage. Life is tuff 1 Like |
Re: Crypto Currency Investors Thread by Sunndaywillie: 1:54am On Apr 25, 2022 |
Btc still reminding you how taking profit is important. No go dey let Cz binance dey use your head 2 Likes 1 Share |
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