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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3662671 Views)
The Metaverse Investors Thread / NFT Investors Thread / Sh!t Coin Investors Thread (2) (3) (4)
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Re: Crypto Currency Investors Thread by Titanium001(m): 3:35pm On Jun 19, 2022 |
Ezlynn:Someone is asking for directions and you're here advertising. Which of the exchanges does not have fraudsters? Oga abeg fem ![]() 7 Likes 1 Share |
Re: Crypto Currency Investors Thread by nnamdi640: 3:45pm On Jun 19, 2022 |
The way btc is rushing upward, have it seen the bottom? 1 Like |
Re: Crypto Currency Investors Thread by Allsmilez999: 3:47pm On Jun 19, 2022 |
Geovanni412: So if it pumps, you are willing to hold a losing trade from 30-61 because of low leverage?!!! When you could have longed and shorted later? ![]() ![]() 3 Likes 1 Share |
Re: Crypto Currency Investors Thread by Titanium001(m): 3:52pm On Jun 19, 2022 |
myonekobosay:Open your app. Among those icons at the top of the home page, to your right, you will see one that looks like an earphone. Click on it and select 'submit' request in the next page. Then enter your complaint. Try to be 100% sure there are no mistakes or grammaticals in your writing. Good luck 1 Like |
Re: Crypto Currency Investors Thread by Geovanni412(m): 3:59pm On Jun 19, 2022 |
Allsmilez999: You didn't read the previous post well. The price level was at 45 and not 30. If someone is practicing proper risk mgmt, the change won't affect them much. It won't get to 61 and if it does, i'm willing to admit i was wrong. I don't know it all and I placed a disclaimer there for a reason. The idea of longing and shorting later is for daytraders and scalpers. The trade ideas i send for crypto is for people who want to SWING trade and have peace of mind. |
Re: Crypto Currency Investors Thread by XaToXi: 4:02pm On Jun 19, 2022 |
Omobola121:Method 1: In that his picture, he will need to DCA into the losing side so as to lower his TP price. If BTC pumps, he shorts key resistance levels. If it dumps, he buys support levels and TP when that amount is in profit. Or he reduces position sizes as both sides come into profit so the usdt profit can provide stability. Having both long and shorts active in same ratio makes liquidation impossible. Same with having more weight on the winning side. Problem arises if the positions are not well managed and the losing side has more weight. Method 2: Another way to hedge is with non stable coins as assets because as the underlying assets pump, it adds more margin to your short position(s). Let's assume you buy $150 btc at $18000 on spot and short $150+ btc at $19000 on futures ($50 @ 3x or $100@1.5x leverage). Equal or greater units too. You will have successfully locked that 5% profit in using this hedging strategy. Whether btc pumps or dumps, that 5% is locked in. The interesting part is that you can move the $150 btc in spot to futures, making it impossible to liquidate that short position no matter how btc pumps because your collateral matches your loan, essentially making it like a spot trade. You can even remove the extra $50 usdt or use it to scalp. If you are thinking of buying the dip now and you don't want to DCA to 12k, 9k or even 3k btc, this strategy might be useful for bagging btc, eth, bnb, sol, dot, Ada and xrp at key support levels as they can all be moved to futures for shorting/hedging. You can close the short when the bottom is in (say Q1 2023) and then go long. If the bottom is already in, you can sell the coins at the very top and then go short. If market keeps going up you can further short resistance levels and TP on retraces, rather than buy the top with fresh funds. 4 Likes 3 Shares |
Re: Crypto Currency Investors Thread by Allsmilez999: 4:17pm On Jun 19, 2022 |
Geovanni412: You are right. I was looking at sol. 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by santos123(m): 5:11pm On Jun 19, 2022 |
Hannover:read to understand please 6 Likes |
Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 5:12pm On Jun 19, 2022 |
Hannover: Everything starts as a dream bruv. The day you stop dreaming you start dying. All this money I made in this past bull market were once a dream. Now they are reality in my bank account. We won’t stop dreaming! We are dreamers!!! 28 Likes 2 Shares |
Re: Crypto Currency Investors Thread by MasonKendall(m): 5:19pm On Jun 19, 2022 |
Hannover:You serious?
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Re: Crypto Currency Investors Thread by LogicBomb8: 5:28pm On Jun 19, 2022 |
@Bearmoon |
Re: Crypto Currency Investors Thread by Omobola121(f): 6:49pm On Jun 19, 2022 |
This is helpful. Thanks. I want to ask if this method I read somewhere is also better. Now that this is a bear market, is it okay to say I use higher fund to short while I use a smaller fund to long instead of DCA everytime the coin moves? See this...I want to heldge Eth, for my short, I use 300 usdt, for long I use 100 usdt. I want to leave the trade for some days and not checking every minutes. Is this possible? XaToXi: |
Re: Crypto Currency Investors Thread by XaToXi: 7:16pm On Jun 19, 2022 |
Omobola121: It's very possible and also profitable since we are in bear market so the short side should have more weight as we are more likely to go down than go up. If you do this with 1x or 1.1x leverage, you won't get liquidated. With higher leverage you might want to DCA both sides to avoid liquidation wicks. You will make more profit as market dumps and you can close the short at the bottom and use it to average down your long. It's essentially a $200 short that allows you to TP on the long side while maintaining the size of the short side. Or vice versa. 1 Like |
Re: Crypto Currency Investors Thread by Teaser4(m): 7:23pm On Jun 19, 2022 |
It is well |
Re: Crypto Currency Investors Thread by myonekobosay: 7:48pm On Jun 19, 2022 |
Thanks everyone, it's finally resolved. Titanium001: |
Re: Crypto Currency Investors Thread by Titanium001(m): 7:49pm On Jun 19, 2022 |
myonekobosay:Thanks be to God |
Re: Crypto Currency Investors Thread by Chatflick(m): 8:00pm On Jun 19, 2022 |
Solanacity is giving out 1 free Solana coin to everyone. Just paste your Solana wallet address and get the airdop which starts tomorrow. Link is https://solonacity.com/join/solfS5t_3 |
Re: Crypto Currency Investors Thread by Geovanni412(m): 8:09pm On Jun 19, 2022 |
It looks like the bears are coming to take btc to 15k. |
Re: Crypto Currency Investors Thread by karkinase(m): 8:11pm On Jun 19, 2022 |
Beeteec short from here 2 Likes
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Re: Crypto Currency Investors Thread by dyera(m): 8:23pm On Jun 19, 2022 |
nnamdi640: Not yet time to buy the dip. Read this: https://coinpedia.org/bitcoin/bitcoin-price-to-find-its-bottoms-at-6000-says-peter-schiff-this-is-when-btc-may-hit-these-levels/ 1 Like 1 Share
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Re: Crypto Currency Investors Thread by Iamyemmie: 8:28pm On Jun 19, 2022 |
Anc did not come to play 1 Like |
Re: Crypto Currency Investors Thread by seunmsg(m): 8:58pm On Jun 19, 2022 |
Who is interested in minting Art of Mob? I want to give away my WL. I can’t mint an NFT for 25$sol. |
Re: Crypto Currency Investors Thread by Samakus(m): 8:59pm On Jun 19, 2022 |
Mfs
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Re: Crypto Currency Investors Thread by Born2berich: 9:02pm On Jun 19, 2022 |
Rising from the ashes, the phoenix will soar higher and faster into the sky while people of the city will pray for it to fall and die - B2BR 2 Likes |
Re: Crypto Currency Investors Thread by Nobody: 9:12pm On Jun 19, 2022 |
![]() 3 Likes 1 Share
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Re: Crypto Currency Investors Thread by gamaliel9: 9:19pm On Jun 19, 2022 |
Right before us is an opportunity to be a dollar millionaire....but do not move yet....fools rush in..James Hadely Chase 1 Like 1 Share |
Re: Crypto Currency Investors Thread by Stephenmoka4(m): 9:35pm On Jun 19, 2022 |
seunmsg:Wait... I don't even understand this mint of a thing, I always think mint means destroy or clear... how do one convert/swap NFT to cash... NFT sef dey confuse person. |
Re: Crypto Currency Investors Thread by Nobody: 9:35pm On Jun 19, 2022 |
guys how do i set up this..just like stepN but have no idea what those values mean
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Re: Crypto Currency Investors Thread by cherryCola: 9:58pm On Jun 19, 2022 |
One of the stupidest mistakes have made this year was buying GMT at one cent and selling at 50 cent ![]() 4 Likes |
Re: Crypto Currency Investors Thread by seanwilliam(m): 10:03pm On Jun 19, 2022 |
![]() ![]() 14 Likes
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Re: Crypto Currency Investors Thread by seanwilliam(m): 10:05pm On Jun 19, 2022 |
elvischukie:you’ll need correct shoes with good soles to run the race ![]() 6 Likes 1 Share |
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