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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3732315 Views)
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Re: Crypto Currency Investors Thread by GRACEGLORY: 2:49pm On Sep 10, 2022 |
seanwilliam: Thass, what I’m talking bout. BTC already hit bottom @$17,500. Even microstrategy knows it too. I Dey go sell my televisions…. https://www.nairaland.com/4403197/sale-graded-stock-smart-web/162#116326100 1 Like 1 Share
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Re: Crypto Currency Investors Thread by doyin01: 3:48pm On Sep 10, 2022 |
Born2conquer: Yeah sure..have a very wonderful day.. |
Re: Crypto Currency Investors Thread by Omobola121(f): 3:56pm On Sep 10, 2022 |
No probs. Chat me up! Contact on my Sig. Khayceeofficial: |
Re: Crypto Currency Investors Thread by osic(m): 4:27pm On Sep 10, 2022 |
SUPERPACK: |
Re: Crypto Currency Investors Thread by Truthshotcrazy: 5:13pm On Sep 10, 2022 |
cmoney22222: If BTC equals say 20k, price will need to drop 50% ie, BTC needs to fall to 10k for a position on 2X leverage (long futures or margins trading) to be liquidated. Likewise, BTC needs to rise to 30k (50% price movement up) for a short position (futures) opened at BTC =20k using 2X leverage to get liquidated. Etc. The higher the leverage the greater the risk. If BTC equals say 20k, price needs to drop to BTC = zero(move 100% down ) for 1x or no leverage trade position to be liquidated (margins or long futures or spot trading) and vice versa; 100% pump up to liquidate a shorts position opened at BTC=20k (about 40k for the short) ,etc. the greater the leverage, the greater the risk for all markets and high leverages are best suited for relatively less volatile traditional financial markets like stocks & forex.They are all volatile but crypto in comparison, ranks higher in volatility & is more speculative. Good risk management is very helpful tho. I use Very tight stop losses to cut losses quickly & jump out of a losing trade before the whole position gets liquidated. Other people’s leverage should not be an issue to anyone sha if it’s not their money the are using . If anybody burn or liquidate, na Im business ooo https://www.youtube.com/watch?v=vLX2xN6cYlk 8 Likes
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Re: Crypto Currency Investors Thread by Ballzproblem2: 5:54pm On Sep 10, 2022 |
Mynameis007:it doesn't take a great detective to Know deflover is. a scammer and a criminal , trying hard to sell his useless crypto book ,months ago. he made a call that nearly wrecked all his gullible followers account,he apologized and went into hiding , now he is back again using both his alternate account , trying lure. another set of gullible sheeps. As for geovanni ,man has been calling crash since the days of Noah ,I don't what give people joy of preaching doom and gloom ,yes we know crash will happen one day ,oya rest we Don hear . 8 Likes |
Re: Crypto Currency Investors Thread by IamOkekejerry(m): 6:02pm On Sep 10, 2022 |
Born2conquer:What matters is making money man. These people just d shalaye 4 Likes |
Re: Crypto Currency Investors Thread by Ballzproblem2: 6:03pm On Sep 10, 2022 |
deflover admitting he made a wrong call ,I remember that day clear ,one woman even said that someone on telegram followed his ridiculous price target of Bitcoin ($31,000) ,the fool lost close to 1 million naira ,when we idiots learn? mtcheww,if you like follow foolish deflover 7 Likes 2 Shares
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Re: Crypto Currency Investors Thread by Ballzproblem2: 6:04pm On Sep 10, 2022 |
deflover making the ridiculous call ,I remember Bitcoin dipping so hard eh 3 Likes
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Re: Crypto Currency Investors Thread by Bmaster(m): 6:49pm On Sep 10, 2022 |
different problems for different kinda people, If you all channel your energy in criticizing deflower and Giovanni,hmmm.... Myself,am here to read comments,when to buy and when to sell,all my energy are for mulla making,No Time for criticism! 5 Likes 1 Share |
Re: Crypto Currency Investors Thread by DaemoLee: 6:51pm On Sep 10, 2022 |
GRACEGLORY: Lol. If u see news like this exit the market ASAP. Cos crazy dip incoming. The logic there is that, they truly want to buy but they would never buy at this price until after they have driven the market down to their target price entry. I don exit on the news since early momo 1 Like |
Re: Crypto Currency Investors Thread by Mynameis007(m): 7:04pm On Sep 10, 2022 |
Ballzproblem2: That is why I called Geovanni a one-dimensional trader. All he knows is crash, crash, crash and more crash. Trading goes both ways. Up or down. How can one be so fixated on BTC price crashing at all times, even when there's a bull run or relief rally, the guy will still be seeing crash. Dem use crash swear for am? Haba. 4 Likes |
Re: Crypto Currency Investors Thread by IamOkekejerry(m): 7:08pm On Sep 10, 2022 |
Mynameis007:You sef go like chill. You've said enough 9 Likes |
Re: Crypto Currency Investors Thread by ultrazone(m): 7:26pm On Sep 10, 2022 |
Mynameis007:For the sake of peace, can you stop this? Let's redirect our focus to the market and ignore whatever call someone made or didn't make. Let maturity speak, please. Share from your wealth of knowledge, and let's allow others to air their views too. 7 Likes 1 Share |
Re: Crypto Currency Investors Thread by cmoney22222: 7:27pm On Sep 10, 2022 |
2 Likes |
Re: Crypto Currency Investors Thread by kcprince: 7:35pm On Sep 10, 2022 |
My first target is 23500 followed by 26k followed by 33500 followed by 65k followed by 78k ATH. The bulls are back. 5 Likes |
Re: Crypto Currency Investors Thread by Goldbw122(m): 7:54pm On Sep 10, 2022 |
kcprince:Use tight stop loss, ok don't be a boss, nor be you create the market.. ok 1 Like |
Re: Crypto Currency Investors Thread by SUPERPACK: 8:00pm On Sep 10, 2022 |
kcprince:Them go soon come for you now. 5 Likes 1 Share |
Re: Crypto Currency Investors Thread by Emmizay12(m): 8:06pm On Sep 10, 2022 |
Truthshotcrazy: Bro I now understand why a lot of people cry of liquidation in this group,,, they have not learnt to manage risk,,, but no worries I will share my knowledge.. we learn everyday Let's say I have 200usd in my account and I want to trade Ethereum,, I want to long it and I want to risk 20usd only,, ... In the first picture below on tradingview,, after using the long tool to indicate where I put my stop loss, notice the bracket "(0.58%)" This is the calculation: To remove the percentage of (0.58%) to decimal i.e 0.58÷100= 0.0058 Then (Amount I'm risking ÷0.0058) i.e 20usd ÷ 0.0058= 3,448.28(let's call this contract size) To get the leverage= contract size ÷ my total trading amount i.e 3,448.28÷ 200usd= 17.24 Therefore my leverage is 17X on this trade using this entry position to long Ethereum... using 200usd on isolated marging and risking only 20usd should the trade hit my stoploss..........you can equally use it on other trades when going long or short and get either 2 or 3 risk to reward ratio which is 40usd or 60usd profit respectively So the leverage used is useless if you have defined your risk using this long prediction tool... It could be 2X, 32X or 50X..... I hope this helped,,, if this didn't help,, then I wish you happy liquidations..... 12 Likes
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Re: Crypto Currency Investors Thread by Ballzproblem2: 8:21pm On Sep 10, 2022 |
Mynameis007:people calling crash usually don't make money talking from experience 7 Likes |
Re: Crypto Currency Investors Thread by EXLOVER(m): 8:25pm On Sep 10, 2022 |
Emmizay12: If you use x17 leverage on a 200$ trade, it won't take seconds for the trade to hit your stop lost 3 Likes 2 Shares |
Re: Crypto Currency Investors Thread by Mynameis007(m): 8:41pm On Sep 10, 2022 |
ultrazone: Ok, I've made my observations known. Back to hibernation, will be back when I see improvements. @ Geovanni nothing personal, just calling out your flaws, so you can improve. After all, this is what this thread is also part of. @ deflover abi deflower, just keep mute for now, you no just sabi wetin you dey do most times, and I'm sorry to say this, I may have to agree with other posters that your intentions aren't pure, unlike Geovanni who only wants to prove how good he is in trading. Thank you 1 Like |
Re: Crypto Currency Investors Thread by konfusedgee(m): 8:41pm On Sep 10, 2022 |
EXLOVER: Still what I said,,, then you have not DEFINED your risk and your stoploss level,, Go back and read what I wrote, understand it, use trading view and Test it on your binance testnet or bybit testnet,,, then come and tell me if what I wrote up there is wrong We all want to make money trading futures but we are not willing to learn or go the extra mile for knowledge and the things that will keep us profitable in the long run 4 Likes |
Re: Crypto Currency Investors Thread by konfusedgee(m): 8:47pm On Sep 10, 2022 |
EXLOVER: Bro I'm a hardcore scalper,,, maybe that's why you feel that way,,, but the calculation still stand for swing traders and day traders tho 1 Like |
Re: Crypto Currency Investors Thread by Khayceeofficial(m): 8:49pm On Sep 10, 2022 |
Nobody: A crash is coming Deflover: 4 Likes
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Re: Crypto Currency Investors Thread by Mynameis007(m): 8:55pm On Sep 10, 2022 |
Khayceeofficial: But I said I was going back to hibernation, and this bro dragged me out with this. 2 Likes |
Re: Crypto Currency Investors Thread by Truthshotcrazy: 9:08pm On Sep 10, 2022 |
Emmizay12: Leverage amplifies the movement in the relative prices of a currency or crypto pair by the factor of the leverage in your account. . The more leverage you use, the more risky the trade, the less “breathing room” you have for the market to move before a margin call . Risk management is very important.and the $100 example earlier, is an assumed scenario, $100 is the minimum margin deposit required by the exchange to maintain 2X, 32X, or 50x, 100x , etc A$100 trade using 100x leverage will certainly get liquidated before a $100 trade using 2X leverage . if somebody even owns $100, it is not advisable to use more than 20% of the total portfolio in trading for good risk management. Using 100% of portfolio capital to trade is never advisable. . The art of choosing where exactly to Place good stoplosses, and not using 100% of capital available to trade boils down to the individual traders choice and his preferable risk/reward ratio. How much of portfolio capital/ % of capital one is wiling to risk or forgo should the trade move against one. It is never advisable to use 100% available capital to trade. Good traders don’t even risk more than 1% of the capital in portfolio for trading. Good risk management cannot be overemphasized. I personally employ very tight stop losses when trading, and keep the leverages at moderate level when trading just as l would advįse anyone to,, But as stated earlier, if my neighbor wanna use 100X leverage , e not concern me. na lm business So Happy trading evryone! 2 Likes
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Re: Crypto Currency Investors Thread by cmoney22222: 9:25pm On Sep 10, 2022 |
Futures isn’t for everybody. Know this and know peace. I will be coming back 5 Likes 1 Share |
Re: Crypto Currency Investors Thread by Goldbw122(m): 9:32pm On Sep 10, 2022 |
Truthshotcrazy:My God will bless you for this great piece you shared here, thanks a lot... Chairman. 8 Likes 1 Share |
Re: Crypto Currency Investors Thread by atinga1: 9:57pm On Sep 10, 2022 |
DaemoLee:They will come for you. Leave them to enjoy their "bulls". |
Re: Crypto Currency Investors Thread by doyin01: 10:41pm On Sep 10, 2022 |
You are always claiming to be certain of something all the time , why not carry all your life savings into futures and place sell button since you are very sure it will get to a certain price soon....is that not hypocrisy...you cannot put your money where your mouth is.... In other words , you are not certain like you want to make us believe...you are just doing guess work...and it it goes in the direction you will claim glory for it..if it goes opposite , you will find something to blame for it. 4 Likes |
Re: Crypto Currency Investors Thread by GRACEGLORY: 10:49pm On Sep 10, 2022 |
DaemoLee: You read like you know them so well, they must have been your friends and folks. They let you in on their intel. 1 Like 1 Share |
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