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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3872613 Views)
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Re: Crypto Currency Investors Thread by boolee(m): 2:38am On Apr 25, 2022 |
oceanized25:Dm'ed you already. Hope to get a reply |
Re: Crypto Currency Investors Thread by randy01(m): 2:43am On Apr 25, 2022 |
Born2conquer: Bro life is not tuff.you need a good proper risk management and decipline to make it in future trading.this is why there is rule to use 10% on every trade.let say you spot a very sure opportunity thats when you can use 20%.with that your $2k bro.you can open position with $100 on cross margin and use the rest $1900 to place stop loss.you will never get liquidated especially if you are good with technical analysis coz your liquidation price will very far and if price is going against you then you can switch to hedge mode.you can open short with another $100 at same time while your long position is currently running.with hedge mode you are still winning cuz you have long and short open same time.you can simply cut your loss on long and left short to run. Education is very important bro.i get liquidated on that same 10x with gala last year.i have to seat back and ask myself why some guys are using 50x without getting liquidated and me I used 10x and get liquidated.what are they doing that am not doing.thats when I discovered using 5-10% on a trade.basically cross margin was created for that.with cross you can set stop very far.since then i don't get liquidated anymore but I just loss and stop loss will safe me Greed will always push you but decipline will keep you safe.if you loss just 100-200$ on that trade you will still be in the business and can probably make it back on other trade cuz opportunity is endless in crypto.but now you are out and need to make deposit again.this is the kind of question you need to ask yourself before you make decisions.sometimes you just need to seat back and watch other make money.i never even trade future this month with all the double bottom and top on gmt and ape. One love bro 15 Likes 1 Share |
Re: Crypto Currency Investors Thread by XaToXi: 5:11am On Apr 25, 2022 |
Born2conquer: Sorry bro. That means you had other positions open as well, not just btc. If it was only btc, you won't get liquidated until $37k. That's the danger of half information. 1 Like |
Re: Crypto Currency Investors Thread by XaToXi: 5:14am On Apr 25, 2022 |
Any hope for waves? Bought some at $28 thinking it was the bottom. Thinking of doing DCA at $16.x and $8.x if it still has future. Is Waves dead and buried folks? 5 Likes
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Re: Crypto Currency Investors Thread by Born2conquer: 5:51am On Apr 25, 2022 |
randy01:Yes, I was greedy. 100% greedy. Been doing in and out on 20$ account and it's been pretty cool. I merely wanted a quick bucks on the 2k dollars and viola! |
Re: Crypto Currency Investors Thread by konfusedgee(m): 5:56am On Apr 25, 2022 |
Born2conquer: Bro futures trading wants you to learn something with this loss, you want to get rich fast, nothing wrong in that, but your skill level is still low, NEVER ENTER A FUTURES TRADE WITHOUT KNOWING EXACTLY HOW MUCH YOU WILL LOOSE AND EXACTLY HOW MUCH YOU WILL GAIN ,. Even if you had shorted Btc you would still be in loss because greed wouldnt allow you take profits only to see the market reverse on you,,,, Ur a man now in futures, every profitable trader today has at one time blown their accounts, this loss is needed so as to force you into learning the important things about trading So the question to ask yourself, are you going to give up futures, or are you just getting started 9 Likes |
Re: Crypto Currency Investors Thread by Born2conquer: 6:06am On Apr 25, 2022 |
konfusedgee:Heavy question, getting back the 2k dollars back is the only thing on my mind. |
Re: Crypto Currency Investors Thread by dayo229: 6:22am On Apr 25, 2022 |
Born2conquer: What you are trying to do now is emotional trading which is very very bad. Calm down first and stay away from future trading for now. 3 Likes |
Re: Crypto Currency Investors Thread by Corbin: 6:25am On Apr 25, 2022 |
Who is on discord |
Re: Crypto Currency Investors Thread by Qasak(m): 6:53am On Apr 25, 2022 |
Sunndaywillie: Yes, I will watch closely. Thanks boss. |
Re: Crypto Currency Investors Thread by Evaloyal2J(f): 7:18am On Apr 25, 2022 |
oceanized25:I want to, please how did you do it? |
Re: Crypto Currency Investors Thread by DieRich5: 7:19am On Apr 25, 2022 |
✓ 2 Likes
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Re: Crypto Currency Investors Thread by Bagholder(m): 7:25am On Apr 25, 2022 |
When are we going to cross this red sea? |
Re: Crypto Currency Investors Thread by Jameselias: 7:31am On Apr 25, 2022 |
FUTURES This is all you need, Proper position sizing + patience and remover of greed, does it, simple. 1 Like |
Re: Crypto Currency Investors Thread by santos123(m): 7:41am On Apr 25, 2022 |
Ftm is digging too much red. Don't know if I should sell now?? |
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 7:57am On Apr 25, 2022 |
When there a capitulation which we are yet to see, everything looks dead. It why most people don’t buy nothing and sometimes it’s the smart thing to do but a better strategy is to look at the coins individually. For instance Luna is one of the strongest coin fundamentally, if BTC crashes today and Luna is down by 50%, I would be looking at Luna asking myself, is Luna down because of BTC alone, has the fundamentals of Luna change, if Luna is down because of the overall market downtrend and the fundamentals remain same, then I buy but say for instance Luna is down for its own reasons say there was a hack or something then I don’t touch it. In capitulation you look for the strongest of project and ape. Capitulation is where u know liquidity is key. When people are crying you are buying the bottom. It’s why some of us are happy when BTC is dragging the market down, we are always liquid by design because we know in this market liquidity is king. 10 Likes 1 Share |
Re: Crypto Currency Investors Thread by DenreleDave(m): 8:03am On Apr 25, 2022 |
Patosky4U: I will say this once again... Forget TA, it will likely disappoint you.. Two things you need to make it 1. Only Patience can make you survive this race 2. Buy low and sell high.. Buy red and sell green 3. I am an advocate of Openheaven2019, take profit and stay patient 4. Never jump in when the hype is much.. Happy new week... I dey traffic for 3rd mainland bridge 5 Likes 1 Share |
Re: Crypto Currency Investors Thread by seankafor(m): 8:04am On Apr 25, 2022 |
E don be |
Re: Crypto Currency Investors Thread by GodHelpMe1: 8:08am On Apr 25, 2022 |
I think GMT is the strongest crypto this period, it has great supports and all that 1 Like |
Re: Crypto Currency Investors Thread by Hamzashaf99(f): 8:09am On Apr 25, 2022 |
Bagholder:This your moniker ehn 2 Likes |
Re: Crypto Currency Investors Thread by Taystee: 8:14am On Apr 25, 2022 |
Born2conquer: No stop-loss? 1 Like |
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 8:19am On Apr 25, 2022 |
Born2conquer: So sorry bro. Keep grinding. 1 trade can cancel all your loses. 3 Likes |
Re: Crypto Currency Investors Thread by DenreleDave(m): 8:39am On Apr 25, 2022 |
Hamzashaf99: I pray the guy wunt follow me.... 2 Likes |
Re: Crypto Currency Investors Thread by ebitng: 8:41am On Apr 25, 2022 |
To be listed today on KuCoin 1 Like
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Re: Crypto Currency Investors Thread by Bagholder(m): 8:42am On Apr 25, 2022 |
FTM FTM FTM....dont send me back to the trenches 1 Like |
Re: Crypto Currency Investors Thread by Bagholder(m): 8:43am On Apr 25, 2022 |
DenreleDave:Following you already bro, I can't carry this bag all alone 4 Likes |
Re: Crypto Currency Investors Thread by DenreleDave(m): 8:53am On Apr 25, 2022 |
Bagholder: Ahh Werey I didn't mention u.. How did u get me Pls follow seanwilliam too 1 Like |
Re: Crypto Currency Investors Thread by Born2conquer: 9:00am On Apr 25, 2022 |
OpenHeaven2019:Amen, I cancelled work today Would be staying indoor all through 2 Likes |
Re: Crypto Currency Investors Thread by Born2conquer: 9:00am On Apr 25, 2022 |
Taystee:I am to be blamed, Greed took over |
Re: Crypto Currency Investors Thread by Born2conquer: 9:00am On Apr 25, 2022 |
dayo229:Yes |
Re: Crypto Currency Investors Thread by Born2conquer: 9:03am On Apr 25, 2022 |
A question to the general family, what caused the sudden and sharp dip? |
Re: Crypto Currency Investors Thread by macphilip: 9:10am On Apr 25, 2022 |
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