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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3658441 Views)
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Re: Crypto Currency Investors Thread by Siberia01(m): 8:43am On Jul 08, 2022 |
Goldbw122: ![]() |
Re: Crypto Currency Investors Thread by Zabiboy: 8:57am On Jul 08, 2022 |
Man. Euros dropping badly (pic 1) Reminds me of Oil back in 2020, i had the chance to buy below $15... (Pic 2) Once euro hits parity with the dollar or slightly below (0.95-0.97), i'll get some on my forex broker.
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Re: Crypto Currency Investors Thread by seankafor(m): 9:05am On Jul 08, 2022 |
So euro/ fiat is fast loosing it's peg below the us dollar If it was crypto, they won't let us hear word ![]() |
Re: Crypto Currency Investors Thread by OffsahBoye(m): 9:54am On Jul 08, 2022 |
Daytrader1: ![]() ![]() ![]() Joke of the century 8 Likes 2 Shares |
Re: Crypto Currency Investors Thread by levbigboss: 9:54am On Jul 08, 2022 |
Yes, these are difficult times for investors who have invested in cryptocurrency and as a result, large investors are no longer so free to dispose of their funds, and many ordinary investors have nothing to invest at all. And even if there was something, who would want to take risks with such unpredictable assets as cryptocurrency, which is not protected in any way and is not regulated by financial authorities. But I think it's only a matter of time. We have seen cryptocurrency fall before, always after a strong fall there is a high rise in the price of cryptocurrencies. Personally I'm trying to get free crypto now, so that when the situation will stabilize, I will be able to earn. 5 Likes 1 Share |
Re: Crypto Currency Investors Thread by Geovanni412(m): 10:07am On Jul 08, 2022 |
levbigboss: Right now, the best long term investment is to keep your money in dollar and rest till q1 2023 at least - my two cents. Also, watch this video from elliotrades to make a more informed decision. https://www.youtube.com/watch?v=biRe2ggBzmo 4 Likes |
Re: Crypto Currency Investors Thread by Nobody: 10:08am On Jul 08, 2022 |
renminbiyuan: U shud be in a profitable position by now, if you didn't sleep last night. Now is the time to leave the chart & hv some sleep as a crypto FX trader. ![]() 4 Likes 1 Share |
Re: Crypto Currency Investors Thread by Omobola121(f): 10:09am On Jul 08, 2022 |
You want to use 100k to learn arbs? As in arbitrage? If i woos you snap en...you go learn. I will help you with the arbs details if you have hint of what is it about. Daytrader1: 3 Likes |
Re: Crypto Currency Investors Thread by Pk01(m): 10:37am On Jul 08, 2022 |
Omobola121:please give nw..nassinform @gmail .com thanks |
Re: Crypto Currency Investors Thread by XaToXi: 11:01am On Jul 08, 2022 |
Goldbw122: Sorry. You used 100% of your capital at 50x leverage and got liquidated after 2% price change? 4 Likes 1 Share |
Re: Crypto Currency Investors Thread by Kingsteve(m): 11:02am On Jul 08, 2022 |
What a pump! So after yesterday's BTC pump which hit intraday high of $22,527.37, it was inevitable that the next move will be a retracement. Looking at the charts, the potential supports are $21,199, $20,934, $20,741 and $20,260 All these depends on the magnitude of profit taking, shorting and key FA from the US later on today. It is expected that some of you made the most of yesterday's pump...I did! Spot traders do not have the luxury of shorting, but with leveraged tokens, spot traders can still short by opening long positions on tokens such as BTCdown, BNBDown, ETHdown and so on. So, like I always preach on here, price fluctuations are your friend if you know how to... What I did was open a long position on BNBdown, which works in tandem with BTC, especially when BTC price is falling. For the fact BTC hit a resistance at $22,527, the natural thing was to short from that resistance, and this is exactly what I've done, so that I can take advantage of price fluctuations, no matter the direction. I'll be paying close attention on those key support areas, to know when a reversal is about to form, so that I can close my long position on BNBdown. #CryptoTrading101 5 Likes
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Re: Crypto Currency Investors Thread by Truthshotcrazy: 11:25am On Jul 08, 2022 |
Zabiboy:Wait a minute. Biko this one na barrels of crude oil Abi na PIPs of oyel?Is it just me alone ![]() ![]() ![]()
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Re: Crypto Currency Investors Thread by crazymommy(f): 11:53am On Jul 08, 2022 |
Daytrader1: You are about to get scammed... 4 Likes |
Re: Crypto Currency Investors Thread by Florasilver: 11:53am On Jul 08, 2022 |
Omobola121: I have chatted with you on WhatsApp for days now. Even sent you a mail but you completely ignored me despite all my pleas. I even told you here on Nairaland to pls check your chats but nothing. |
Re: Crypto Currency Investors Thread by Truthshotcrazy: 12:35pm On Jul 08, 2022 |
XaToXi:What a leverage Hahahahahahahahahshahahahahhaaa 5 Likes |
Re: Crypto Currency Investors Thread by Omobola121(f): 12:35pm On Jul 08, 2022 |
I'm so sorry. I will check my whatsapp and respond. Florasilver: 2 Likes |
Re: Crypto Currency Investors Thread by seankafor(m): 12:38pm On Jul 08, 2022 |
Daytrader1:there's currently one with Skrill an doing But the downside is card limits.. Most of them buy on paxful and sell on binance All these people asking 50 naira and 100 naira bank charge All na arbitrage too, you just have to diversify and add your own innitiative 5 Likes |
Re: Crypto Currency Investors Thread by OffsahBoye(m): 12:47pm On Jul 08, 2022 |
Daytrader1:And you're willing to pay 100k for this? I'm 99% sure you're about to be scammed Get a verified binance account if you don't have one and source for your 100k I wish you well ![]() 2 Likes |
Re: Crypto Currency Investors Thread by Florasilver: 12:48pm On Jul 08, 2022 |
Omobola121: Thank you. |
Re: Crypto Currency Investors Thread by Omobola121(f): 1:05pm On Jul 08, 2022 |
Don't pay. Arb is not that difficult as he painted ot for you. Firstly, we have card, currency and coins arbs. Although, i don't know the ones he want to teach you but i will break the three down for you a little so you choose your path. Card Arbs is using banks cards on some platforms to purchase any currencies at bank rates then sell resell at the black market. Currently, cards are not that profitable because of the limits placed on them. The highest limit so far apart from EXCLUSIVE CARDS is Gtb with the limit of $208 monthly. On one Gtb, you can see profit of 9kplus depending on where you use. Same explanation goes to other cards. Currency Arbs is simply buying foreign currencies at a cheaper price from sellers then resell. For instance, buying paypal funds, payooner, skrill, Nettler, Wise, Grey, even buying dollar from people etc... I do buy paypal funds at around 520-590 depending on the volume then resell for 600+ etc... Coins Arb is the most easiest but difficult one because it involves buying coins from one exchange at a lower price then move it to another exchange where the price is high. This involves opening accounts with different excahnges...there are some paid sites that gives update on prices differences on each exchanges. It is the sites we use to survey coins before purchasing. There are free sites but they lack details. Another arb is getting someone outside your country to purchase usdt for you then you resell. We have common countries like Ghana, Kenya, India etc actively involved in this. Still typing... Daytrader1: 4 Likes 1 Share |
Re: Crypto Currency Investors Thread by Omobola121(f): 1:10pm On Jul 08, 2022 |
Others uncommon ones are done on Binance directly. Below is a tutorial i gave on some of them. Note: These are not recent prices What you will be trading is Eth or Bnb or DIA. I choosed these three because they give more profit. You can also try Btc but I don't do btc like that. I prefer Eth. This is the calculation. Normal rate of usdt as at the time I'm typing this is 603. 50 Let's say you purchase 500k worth of usdt, you will get 828.50 Now, head over to check Eth or Bnb. I will choose Eth (you need to get the dollar rate at which Eth is selling on p2p) Current price÷black market price will give you dollar rate of each coin. As at the time of typing this... Eth price on p2p for 500k worth is 1,131,231.01 while the normal market is 1,858.44 Now check the dollar rate 1, 131,231.01÷1,858.44 = 608.69 This is the trick....you bought usdt at 603.33...you will resell it for Eth at 608.69. Now, after getting your usdt, you are not buying Eth directly on spot (to avoid charges) You will swap (free) After swapping, set oder for your Eth...definitely, your ads will come btw 1-3... So back to first stage, our usdt was 828.50 which we got at 603.33 Converting it to eth you will get 0.44441543 Eth Creating ads for that Eth....you will get 3,372 naira profit. Let's say binance fee is like 400 naira...you have 2,900 as profit on one round of trade and this is unlimited. Daytrader1: 12 Likes 1 Share |
Re: Crypto Currency Investors Thread by Omobola121(f): 1:11pm On Jul 08, 2022 |
The forex strategy you bought is the two ways mode of traidng using currencies correlation? Daytrader1: |
Re: Crypto Currency Investors Thread by solreb: 1:16pm On Jul 08, 2022 |
jidex4life: THIS IS A SCAM. AND A PONZI SCHEME Someone I know who joined one if these TRX mining scheme about a year ago got burnt. At last they told then they had server issues. And that was the end. There is no mining being done. They will just be using the investor's money to pay him,/her back in bits. 4 Likes 1 Share |
Re: Crypto Currency Investors Thread by Omobola121(f): 1:17pm On Jul 08, 2022 |
There are lots you can do on binance sha .... Just be careful because most of them do create fake coins site using pancakeswap and trustwallet as coverup...before you know it, your money is gone. Daytrader1: 3 Likes 1 Share |
Re: Crypto Currency Investors Thread by seankafor(m): 1:18pm On Jul 08, 2022 |
Omobola121:arbitraging on coins instead of stables can go either way as the coins might be liable to price change.. I've locked a btc on escrow on one of my deals like that, due to network and stuffs, I took over 30 mins before I wanted to pay, Omo, as I wan pay, btc don already -5% in price, na run I use cancel that order.. I prefer stables to coins when it comes to arbitrage 4 Likes |
Re: Crypto Currency Investors Thread by Omobola121(f): 1:20pm On Jul 08, 2022 |
You are right but i harldy experience this though maybe because I'm a verified merchant on binance and verified merchant's ads always move fast..You know most buyers prefer express. I prefer stables too. seankafor: |
Re: Crypto Currency Investors Thread by DenreleDave(m): 2:19pm On Jul 08, 2022 |
Daytrader1: Indeed u r day trader |
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