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Crypto Currency Investors Thread - Investment (2585) - Nairaland

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Re: Crypto Currency Investors Thread by Robnectar(m): 2:50pm On Jun 15, 2022
Mazinewmoney:
Did you read the place I said I'm holding for minimum of 3 years n maximum of 5years....? Are you one of the few who don't understand the fact that I'm not a trader but an investor and a holder?


i intentionally calld u out bpss< im holding a bag alsob, buh d coin dey blood gan grin grin grin grin grin
Re: Crypto Currency Investors Thread by Stephenmoka4(m): 3:20pm On Jun 15, 2022
Things I learned the hard way last cycle and this cycle.

1. Dont use leverage trading, even you thought you know what are you are doing.
2. Carried by greed and not take profits when there's a chance.
3. Always chasing the pump.
4. Again, greed take over and try take advantage of the loan protocols. Not a good idea
5. Learn to step back away from trading if suffering from losses.
6. Nobody knows shit about the space.
7. Hold for long term is way better than timing the market and daily/swing trade (tried and tested)
8. Accept your mistakes and try to learn from it.
9. Apply all the learnings you obtain from the previous cycles on the next cycle.
10. Market move in waves. We're not always up and obviously were not always at the bottom.
11. Make a extra a source of income if you want to invest more.
12. The cliche saying "don't invest what you cant afford to lose"
13. Your health is way more important than your gains/ loss. Dont compromise your health over your portfolio.
14. Family comes first.
15. Fundamentally nothing changed, 1 BTC is still 1 BTC
16. Strict DCA is proven to be KING.
I saw this on Reddit...

5 Likes

Re: Crypto Currency Investors Thread by iamkunle: 3:23pm On Jun 15, 2022
BITCOIN IS FINDING IT HARD TO BREAK 21.600 . IT WILL NEED TO BREAK 21.600 TO FIND IT WAY BACK TO 30K .

5 Likes

Re: Crypto Currency Investors Thread by Nobody: 3:58pm On Jun 15, 2022
iamkunle:
BITCOIN IS FINDING IT HARD TO BREAK 21.600 . IT WILL NEED TO BREAK 21.600 TO FIND IT WAY BACK TO 30K .

Dont use only technical analysis for your trade

3 Likes 1 Share

Re: Crypto Currency Investors Thread by Geovanni412(m): 4:05pm On Jun 15, 2022
Btc buyers will appear between 15k and 17800. Expect a consolidation that will last for days around that area UNLESS if there is very terrible news that will move the market to VIOLATE those levels very quickly.

Modified: this info is useful for scalpers only. Hodlers please ignore this info. The range move will not turn into an uptrend . Sorry to disappoint you grin grin

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Nobody: 4:06pm On Jun 15, 2022
petaling:


Dont use only technical analysis for your trade

leave them. btc works with pyschological price levels, all these analysts lol
one tweet or news and their analysis is like tissue in a WC. in this business follow your heart. CZ already said that if you follow twitter/internet analysts u will be in a speedy bus to your village

11 Likes 1 Share

Re: Crypto Currency Investors Thread by Nobody: 4:07pm On Jun 15, 2022
Geovanni412:
Btc buyers will appear between 15k and 17800 . Expect a consolidation that will last for days around that area UNLESS if there is very terrible news that will move the market to VIOLATE those levels very quickly.
which means your initial bolded analysis has no foundation grin. only important word there is "NEWS" which can either send it to 30k or lower

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Mazinewmoney: 4:11pm On Jun 15, 2022
Smiles. All coins are bloody rn. I've made back all the money I used in buying SLP by shorting $Jasmy. I'm looking to accumulate millions of SLP @ 0.0009 and lower but in another exchange so as to make millions on it's way up while holding the former for Long term. As a mallam, that is my kettle
Robnectar:



i intentionally calld u out boss< im holding a bag also, buh d coin dey blood gan grin grin grin grin grin

11 Likes 1 Share

Re: Crypto Currency Investors Thread by bayobabe(f): 4:17pm On Jun 15, 2022
Yinmu for you

6 Likes

Re: Crypto Currency Investors Thread by HantaVirus(m): 4:24pm On Jun 15, 2022
nnamdi640:
Person that has million before this crash, the money would have turn to thousands

One of my friend bought crypto worth 20 million naira last year September (Bitcoin, Ethereum,Bnb and some other shitcoins)

Now he tells me the portfolio is worth less than 2 million naira

Now if he had bought land or a small building with that 20 million,The land would have appreciated same with the building.

13 Likes

Re: Crypto Currency Investors Thread by Geovanni412(m): 4:32pm On Jun 15, 2022
Binancian:

which means your initial bolded analysis has no foundation grin. only important word there is "NEWS" which can either send it to 30k or lower

Bro, the info is for scalpers only. For hodlers, they should just sit back and endure the vawulence. Even if it ranges like that, there is a high chance of it breaking even lower.

4 Likes 1 Share

Re: Crypto Currency Investors Thread by Ballzproblemm: 4:43pm On Jun 15, 2022
HantaVirus:


One of my friend bought crypto worth 20 million naira last year September (Bitcoin, Ethereum,Bnb and some other shitcoins)

Now he tells me the portfolio is worth less than 2 million naira

Now if he had bought land or a small building with that 20 million,The land would have appreciated same with the building.
my God some Kain people no deserve money ,sorry not sorry , except that is not 100% of his money ,a wise person should not go all in with his capital in an investment , especially when it comes to crypto that is super volatile!, here's how I would have used that money , 3 million for BTC, 5 million for some cheap dividend stocks ,2 million for transportation business around University area , remaining 10, million , maybe buy land or something or drop the remaining until I spot better opportunity ,but my point is , diverse !

4 Likes 2 Shares

Re: Crypto Currency Investors Thread by SwayG: 4:47pm On Jun 15, 2022
My response for everyone with BTC and ETH in their wallet;
Don't sell or withdraw your coin yet, it will be a great loss for you. Hold your coin and wait till the bull run starts. it is definitely going to come but the fear of it never coming can make you sell at a great loss.

What you should do if you still have extra cash ( I mean money you are not using to survive and not your savings ) is to wait till the bull starts and add a little cash to your initial investment to be in maximum profit.

Don't use your savings to trade and don't use your daily bread too so you won't be in premium tears cheesy cheesy

9 Likes

Re: Crypto Currency Investors Thread by HantaVirus(m): 4:51pm On Jun 15, 2022
Ballzproblemm:
my God some Kain people no deserve money ,sorry not sorry , except that is not 100% of his money ,a wise person should not go all in with his capital in an investment , especially when it comes to crypto that is super volatile!, here's how I would have used that money , 3 million for BTC, 5 million for some cheap dividend stocks ,2 million for transportation business around University area , remaining 10, million , maybe buy land or something or drop the remaining until I spot better opportunity ,but my point is , diverse !

Not all his money though.....This is someone who comes from a rich home and he's highly knowledgeable.... He's a Tech geek and also into forex

He actually bought to HODL but the way he sees things now grin Nigga just confused

1 Like

Re: Crypto Currency Investors Thread by Elsueno: 4:51pm On Jun 15, 2022
Ballzproblemm:
I wish it was true cheesy
,sadly many people have their savings in tether , someone here is saying tether will never depeg ,I dey laff ,tether will crash , might not be now might not be tommorow , but one day the bubble will bust ,after Michael burry predicted US stock market crash but it took over 3 years before it happened

But is it dat people don't see d huuge controversy surrounding dat company, it is d only stable currency dat can't be easily tracked unlike BUSD, USDC, TUSD etc

1 Like 1 Share

Re: Crypto Currency Investors Thread by SwayG: 4:52pm On Jun 15, 2022
HantaVirus:


One of my friend bought crypto worth 20 million naira last year September (Bitcoin, Ethereum,Bnb and some other shitcoins)

Now he tells me the portfolio is worth less than 2 million naira

Now if he had bought land or a small building with that 20 million,The land would have appreciated same with the building.

CRY-PTO na your mate? grin grin

I always advice people to put in less than 10% of their income in crypto and that includes stable coins.

5 Likes

Re: Crypto Currency Investors Thread by Ballzproblemm: 4:54pm On Jun 15, 2022
HantaVirus:


Not all his money though.....This is someone who comes from a rich home and he's highly knowledgeable.... He's a Tech geek and also into forex

He actually bought to HODL but the way he sees things now grin Nigga just confused
hmm okay o , but I hope he has learnt his lesson , do not use all your capital at once ,save some for DCA
Re: Crypto Currency Investors Thread by Elsueno: 4:55pm On Jun 15, 2022
SwayG:
My response for everyone with BTC and ETH in their wallet;
Don't sell or withdraw your coin yet, it will be a great loss for you. Hold your coin and wait till the bull run starts. it is definitely going to come but the fear of it never coming can make you sell at a great loss.

What you should do if you still have extra cash ( I mean money you are not using to survive and not your savings ) is to wait till the bull starts and add a little cash to your initial investment to be in maximum profit.

Don't use your savings to trade and don't use your daily bread too so you won't be in premium tears cheesy cheesy


mahn...too risky, sold alot at 45k, will buy same quantity when it falls below 20k & then average down as it falls

1 Like

Re: Crypto Currency Investors Thread by doyin01: 4:57pm On Jun 15, 2022
As usual...when there is a bear market ..that is when you see them come here to tell us super stories of how their friends or family lost millions in crypto bla bla bla...But during the bull Market, you will never see them about the good part of how the so called friends or family made money....Like the so called friends do not exist during the bull Market ba ....

16 Likes 1 Share

Re: Crypto Currency Investors Thread by Ballzproblemm: 5:00pm On Jun 15, 2022
Elsueno:


But is it dat people don't see d huuge controversy surrounding dat company, it is d only stable currency dat can't be easily tracked unlike BUSD, USDC, TUSD etc
the problem with people is that , they're always reactive instead of proactive,it has always been so even in the times of noah,na until e happen them go start to run Helter skelter ,so no matter how you sound it nobody will react until they see it with their eyes ,me I will just be on the sidelines and be like ,"I told you so", for now this whole thing sounds like FUD to their ears cheesy

2 Likes

Re: Crypto Currency Investors Thread by LikeAking: 5:05pm On Jun 15, 2022
HantaVirus:


One of my friend bought crypto worth 20 million naira last year September (Bitcoin, Ethereum,Bnb and some other shitcoins)

Now he tells me the portfolio is worth less than 2 million naira

Now if he had bought land or a small building with that 20 million,The land would have appreciated same with the building.

By 2024 the coins will be worth minimum of 50 mill.

12 Likes

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Re: Crypto Currency Investors Thread by Rubbiish(m): 6:11pm On Jun 15, 2022
doyin01:
As usual...when there is a bear market ..that is when you see them come here to tell us super stories of how their friends or family lost millions in crypto bla bla bla...But during the bull Market, you will never see them about the good part..Like the so called friends do not exist during the bull Market ba ....
Don't mind them!
They are type that will come here to start lambasting the guy that sold 10,000 btcee for two pizzas screaming why he didn't hold. Since the history of btcee has there ever been a time btcee went straight up in a straight line without the usual up & down! What we see as dip today is what some of us where wishing btcee could attain just few years ago & today we see it as dip. That is how cryptto works. Eth rose from nothing to 1500 USD before returning to $300 & rose up to 4800k. That is how it has always been & it will continue to be. If u want btcee to continue in a straight line from 30k to 100k without any up & down, it means u shouldn't be talking cryptto.

22 Likes

Re: Crypto Currency Investors Thread by iamkunle: 6:16pm On Jun 15, 2022
Binancian:


leave them. btc works with pyschological price levels, all these analysts lol
one tweet or news and their analysis is like tissue in a WC. in this business follow your heart. CZ already said that if you follow twitter/internet analysts u will be in a speedy bus to your village


THE BITCOIN MARKET LIKE ANY OTHER MARKET: IS ALL ABOUT DEMAND AND SUPPLY .

ONCE YOU UNDERSTAND WHERE THE INSTITUTION GUYS ARE BUYING AND SELLING YOU ARE GOOD TO GO .

IN TRADING YOU DON'T FOLLOW YOUR HEART : YOU FOLLOW THE CHART

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Slimkkkk: 6:32pm On Jun 15, 2022
Rubbiish:

Don't mind them!
They are type that will come here to start lambasting the guy that sold 10,000 btcee for two pizzas screaming why he didn't hold. Since the history of btcee has there ever been a time btcee went straight up in a straight line without the usual up & down! [b]What we see as dip today is what some of us where wishing btcee could attain just few years ago & today we see it as dip. [/b]That is how cryptto works. Eth rose from nothing to 1500 USD before returning to $300 & rose up to 4800k. That is how it has always been & it will continue to be. If u want btcee to continue in a straight line from 30k to 100k without any up & down, it means u shouldn't be talking cryptto.

1 Like

Re: Crypto Currency Investors Thread by nobodii: 6:43pm On Jun 15, 2022
seanwilliam:
So make we move our money to busd or usdc now?

Omo I no Dey understand again o
for me Dai is better
Re: Crypto Currency Investors Thread by orikoku: 7:23pm On Jun 15, 2022
Please who have idea about this below image.

Re: Crypto Currency Investors Thread by seankafor(m): 7:32pm On Jun 15, 2022

3 Likes

Re: Crypto Currency Investors Thread by seanwilliam(m): 7:36pm On Jun 15, 2022
orikoku:
Please who have idea about this below image.
congrats. You’re now a billionaire.. grin
Re: Crypto Currency Investors Thread by Lexusgs430: 7:36pm On Jun 15, 2022
LikeAking:


By 2024 the coins will be worth minimum of 50 mill.

Or less than ₦5000.00.......

Luna was a test run ............ I hope people's heart strong well well .......... cheesy

4 Likes

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