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Crypto Currency Investors Thread - Investment (2769) - Nairaland

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Re: Crypto Currency Investors Thread by OpenHeaven2019(f): 8:43am On Sep 19, 2022
I’m not a bear market trader, I’m a bull market trader.

For those like me, just chill, don’t let the market take nothing from you.. If you survive this bear market and you are still here, I can guarantee you make millions when the next bull market comes.

I’ll be here to make sure of that.

26 Likes

Re: Crypto Currency Investors Thread by NotBeenPaid: 8:47am On Sep 19, 2022
embarassed

8 Likes

Re: Crypto Currency Investors Thread by Nobody: 8:50am On Sep 19, 2022
atinga1:
Our babydoge brother is nowhere to be found.
I thought he said we were set for the bulls?

i will keep saying this, get off the market for now and save yourself from stress, these few green candles we see are all traps by bulls, they will keep dumping hard on us all till we get some sense.

for now market looks no good, stay off and wait for some good trend reversal probably late this yr or early next year hopefully

1 Like

Re: Crypto Currency Investors Thread by Born2conquer: 8:53am On Sep 19, 2022
civilserva:


Not too bad. The 30K USD you made from crypto.
No, lol. Yet to make money from crypto grin

2 Likes 1 Share

Re: Crypto Currency Investors Thread by tipdrips: 9:15am On Sep 19, 2022
Bro, two questions, pls.

1. Would you advise apeing into StepN now?
2. Are you still getting your gmt daily?

OpenHeaven2019:
I’m not a bear market trader, I’m a bull market trader.

For those like me, just chill, don’t let the market take nothing from you.. If you survive this bear market and you are still here, I can guarantee you make millions when the next bull market comes.

I’ll be here to make sure of that.
Re: Crypto Currency Investors Thread by KindionPaints: 9:21am On Sep 19, 2022
Will 10k naira be enough to start crypto trading.... I want to start small

1 Like

Re: Crypto Currency Investors Thread by Nobody: 9:30am On Sep 19, 2022
KindionPaints:
Will 10k naira be enough to start crypto trading.... I want to start small
use that 10k and buy two shawarma with one big hollandia yoghurt and eat this morning, use the balance chop tomorrow.

will be more useful

11 Likes 1 Share

Re: Crypto Currency Investors Thread by Timekeeper: 9:36am On Sep 19, 2022
wetin dey worry ethw/ ethpow


if only i had listened to my mind, i for don make like 100 dols now.. i knew eth will go down after pos.. i just knew it but people for this thread make me fear. most of them just dey post eth to 2000..

i for ignore them. just buy eth5s at 0.052... it is now at 0.19... chai

1 Like

Re: Crypto Currency Investors Thread by Timekeeper: 9:37am On Sep 19, 2022
yes it will.... fund ur wallet and trade on leverage tokens....
KindionPaints:
Will 10k naira be enough to start crypto trading.... I want to start small
Re: Crypto Currency Investors Thread by Emmizay12(m): 9:48am On Sep 19, 2022
KindionPaints:
Will 10k naira be enough to start crypto trading.... I want to start small

use 5k and buy data,,, go online and download all the trading documents you need and start studying, use the remaining 5k buy suya, eat and pray to God to give you the strength to keep learning,,, give yourself six months, you will have gotten the basics and foundation of what trading is..... this journey you are about to start is the road to financial freedom..... the question is how far are you wiling to go to get it

2 Likes

Re: Crypto Currency Investors Thread by Geovanni412(m): 9:50am On Sep 19, 2022
KindionPaints:
Will 10k naira be enough to start crypto trading.... I want to start small

Geovanni412:


If that's what you have. It's better for you to open an fx acct with a broker like fxtm or exness. Both of them have sth called a cent acct. You"ll need to make it up to 10 dollars(7k) to use such an acct. The 10 dollars in cent is 1000 USC. With that, you can start and learn on that acct risking only 1-2 percent of your cash. When you have 1 profitable month, you can increase the amount.
To trade crypto futures with 1-2 percent risk per trade, you need about 160-200 dollars in that acct. Sha, whatever, you do, try and do what someone said earlier - focus on major pairs. Ideally, if na crypto, just trade btc/usdt and either eth or bnb. These three have good liquidity and less manipulation. Don't trade more than 2 coins max at a time.
Same thing for fx. Don't trade more than 2 fx pairs max. Focus on one pair at first for fx. Later on, you can make it 2 pairs max. In selecting pairs, search for correlation . E.g type eurusd correlation in Google search, select the result from myfxbook then look at what eurusd is positively and negatively correlated with. You don't want to be doubling your risk by trading the same thing. Correlation is never perfect because of volatility - to understand this better, you'll need to learn how to read charts first. Then casually, check what happened over a 15-30 day period of two fx pairs or coins that are +ve or -vely correlated. For starters, you can start with gbpusd/eurusd. later on, you can decide to trade gbpusd/eurusd and usdjpy. Other good pairs to trade are : usdcad and audusd/nzdusd.
Because of the small amount you want to learn with and fx , you'll also need to learn about certain terminologies- babypips and YouTube (any basic youtube fx course will cover the ground well on this-i'll drop a link on this you can check out) can help you with basic terms . Alternatively , you can read: Currency trading for dummies by Mark Galant and Brian Dolan- _ this will explain to you some of the basics and intricacies of fx trading ( the book is available on libgen.is).
Courses won't help you much in trading without you practising the stuff till it is second nature to you. Trading decisions are made in minutes, sometimes seconds sef. Don't be in a hurry to throw money at trading courses or courses, whatsoever, on the internet - only spend money wherein you can't get the information for free. Most times, between youtube, libgen, pdfdrive, pimpmymoney.net and scribd, you should be able to scrap together sufficient information to start anything. Only spend money when you are trying to get a certification to get a job or if you are sure, after thorough research, that the person's course is the right fit for you.
One more thing, like seanwilliam said, it is best to trade out of surplus. With your small capital, you won't make any tangible returns unless you decide to ignore risk management. Ignoring risk mgmt is the number 1 reason why people blow their accts - you need 100 bad trades to blow an acct if you are risking 1% per trade. If you are risking 20% per trade, you need only 5 trades. If you move the stop loss or use tight stop losses while risking 20 % per trade, your acct can disappear within hours. If you ignore this advice, the market will teach you a lesson with your first blown acct- when that happens, go back and recall the lessons from reading trading in the zone by Mark Douglas. If you follow the lessons in that book and you have a good trading strategy, the odds of you blowing your acct are very minimal.
The aim of a small acct is to LEARN and not to make money. Better to start with that than to deceive yourself on demo acct for months on end. Demo acct is only good for you to test a strategy - it is best to start with a small real acct because then your emotions are involved whenever you lose or gain money. And managing emotions is a big part of trading- see image below.


https://www.youtube.com/watch?v=W7IGTX_Peso&ab_channel=bloom
https://www.udemy.com/course/the-complete-foundation-forex-trading-course/?couponCode=YTUBEPROMO21
Re: Crypto Currency Investors Thread by Geovanni412(m): 9:52am On Sep 19, 2022
Emmizay12:


use 5k and buy data,,, go online and download all the trading documents you need and start studying, use the remaining 5k buy suya, eat and pray to God to give you the strength to keep learning,,, give yourself six months, you will have gotten the basics and foundation of what trading is..... this journey you are about to start is the road to financial freedom..... the question is how far are you wiling to go to get it

The 10k sef na only n data i fit finish sef depending on whether he wants to download a course or read books on it. One course from pimpmymoney.net fit chop like 12 gb.
Re: Crypto Currency Investors Thread by Siberia01(m): 9:54am On Sep 19, 2022
elvischukie:

use that 10k and buy two shawarma with one big hollandia yoghurt and eat this morning, use the balance chop tomorrow.

will be more useful
. grin grin tell am o my brother
Re: Crypto Currency Investors Thread by deflover(m): 9:54am On Sep 19, 2022
KindionPaints:
Will 10k naira be enough to start crypto trading.... I want to start small

It's not about the amount
It's about ur skill as a trader and the information u have at hand

2 Likes

Re: Crypto Currency Investors Thread by deflover(m): 9:56am On Sep 19, 2022
Timekeeper:
wetin dey worry ethw/ ethpow


if only i had listened to my mind, i for don make like 100 dols now.. i knew eth will go down after pos.. i just knew it but people for this thread make me fear. most of them just dey post eth to 2000..

i for ignore them. just buy eth5s at 0.052... it is now at 0.19... chai

But people like me said it will go down
Why u no follow ur mind
I said it before the news
It was a clear sell na
Re: Crypto Currency Investors Thread by Nobody: 9:58am On Sep 19, 2022
deflover:


It's not about the amount
It's about ur skill as a trader and the information u have at hand

so what have the skill and information you already skilled traders made for y'all so far other than turning 1k dollars to 100 dolls in d name of I'm a daily trader grin grin?

1 Like

Re: Crypto Currency Investors Thread by deflover(m): 9:58am On Sep 19, 2022
elvischukie:

use that 10k and buy two shawarma with one big hollandia yoghurt and eat this morning, use the balance chop tomorrow.

will be more useful

If everyone kill ur dreams
Will u be here today
Speak life to people
U don't know what made him to come here

6 Likes 1 Share

Re: Crypto Currency Investors Thread by deflover(m): 10:01am On Sep 19, 2022
elvischukie:


so what have the skill and information you already skilled traders made for y'all so far other than turning 1k dollars to 100 dolls in d name of I'm a daily trader grin grin?

My first hit on the market is $800 to $24k in five days
I no dey make mouth
That was 2017
I can show proof
No be everyone never succeed in trading
So rest
Re: Crypto Currency Investors Thread by Bmaster(m): 10:08am On Sep 19, 2022
so sad cry

Re: Crypto Currency Investors Thread by Nobody: 10:12am On Sep 19, 2022
deflover:


My first hit on the market is $800 to $24k in five days
I no dey make mouth
That was 2017
I can show proof
No be everyone never succeed in trading
So rest

exactly, literally everyone cashed out back then in those bull run including myself, but to advise anyone now about skill and inform is bad idea cos non seems to be working as the market respects non of that.
market isn't good for now and thats the fact, i wont advise anyone to do any form of trading no matter how much skill they feel they have cos it will end up burning their portfolio and they lose more chasing loses.

wait till next bullrun thats a much better take

1 Like

Re: Crypto Currency Investors Thread by Nobody: 10:15am On Sep 19, 2022
deflover:


If everyone kill ur dreams
Will u be here today
Speak life to people
U don't know what made him to come here

lots of things happening now that hardly happened before in the market, crypto as at today isn't what i was back then that cash inflow from investors was coming in.
several forms of hacks happening now and then which causes more panic and downward price action
now turns to just a game between whales and bag holders who think they are wiser grin

1 Like

Re: Crypto Currency Investors Thread by deflover(m): 10:15am On Sep 19, 2022
elvischukie:


exactly, literally everyone cashed out back then in those bull run including myself, but to advise anyone now about skill and inform is bad idea cos non seems to be working as the market respects non of that.
market isn't good for now and thats the fact, i wont advise anyone to do any form of tracking no matter how much skill they feel they have cos it will end up burning their portfolio and they lose more chasing loses.

wait till next bullrun thats a much better take

It was not a bull run
I made that buying eurusd
In forex
No be everyone make their first cash for crypto
My point is
All truths are parallel
Let him learn.
Even loosing is a skill
U unlearn it as u get better

1 Like

Re: Crypto Currency Investors Thread by Timekeeper: 10:18am On Sep 19, 2022
i no even see ur post.. if i see am , i for don buy eth5s .....
deflover:


But people like me said it will go down
Why u no follow ur mind
I said it before the news
It was a clear sell na
Re: Crypto Currency Investors Thread by Nobody: 10:19am On Sep 19, 2022
deflover:


It was not a bull run
I made that buying eurusd
In forex
No be everyone make their first cash for crypto
My point is
All truths are parallel
Let him learn.
Even loosing is a skill
U unlearn it as u get better

well the group is about crypto sha.. didn't think about forex
Re: Crypto Currency Investors Thread by Timekeeper: 10:19am On Sep 19, 2022
tru cyprto or forex
deflover:


My first hit on the market is $800 to $24k in five days
I no dey make mouth
That was 2017
I can show proof
No be everyone never succeed in trading
So rest

1 Like

Re: Crypto Currency Investors Thread by deflover(m): 10:21am On Sep 19, 2022
elvischukie:


lots of things happening now that hardly happened before in the market, crypto as at today isn't what i was back then that cash inflow from investors was coming in.

now is just a game between whales and bag holders who think they are wiser grin

U all just are a lot of mouth yet no point
The sun that shines in jos is the same sun that shines in Togo
It was not changed
Allow people learn
There is no late comer in the market
That investors are running away doesn't mean people are not making money
When btc was 75k
A friend of a friend made $1m going short on it and took profit at $33k
The point is u are not a trader
U are a flipper
U only know how to trade a bull market
People make money both ways
He may come in today and be the next big fish here
No one came out of his mother's womb a trader
We all learnt it
Allow him learn

3 Likes

Re: Crypto Currency Investors Thread by deflover(m): 10:23am On Sep 19, 2022
Timekeeper:
i no even see ur post.. if i see am , i for don buy eth5s .....

Go back
Someone wanted to shame us the techy guys that no one is talking about eth merger
But will come out after it to say I told u so

So I said news is created to follow trend and not trend to follow news
I told him its a sell
It will drop

And it did
Re: Crypto Currency Investors Thread by deflover(m): 10:24am On Sep 19, 2022
Timekeeper:
tru cyprto or forex

Forex but mu point is all truths are parallel
But I don't do forex anymore
I trade gold most times
Re: Crypto Currency Investors Thread by danowena: 10:25am On Sep 19, 2022
elvischukie:

use that 10k and buy two shawarma with one big hollandia yoghurt and eat this morning, use the balance chop tomorrow.

will be more useful

grin grin grin grin

Lolzz, that was the advise I gave myself when Bloomberg was talking about bitcoin in 2011. And I regretted it till now. I have excreted the McDonald’s burgers I ate when I could have been a bitcoin whale by now. People didn’t know bitcoin, it was still part of angel ventures on Bloomberg and they joked about it a lot.
Please any investment is worth it. Just try your luck and hope for the best.

6 Likes

Re: Crypto Currency Investors Thread by deflover(m): 10:26am On Sep 19, 2022
elvischukie:


well the group is about crypto sha.. didn't think about forex

All truths are parallel

If u withdraw money
Dem dey write on top the money say na fx or crypto grin grin
Re: Crypto Currency Investors Thread by deflover(m): 10:31am On Sep 19, 2022
danowena:


Lolzz, that was the advise I gave myself when Bloomberg was talking about bitcoin in 2011. And I regretted it till now. I have excreted the McDonald’s burgers I ate when I could have been a bitcoin whale by now. People didn’t know bitcoin, it was still part of angel ventures on Bloomberg and they joked about it a lot.
Please any investment is worth it. Just try your luck and hope for the best.

God bless u
Same thing happened to me when btc was $3k
I just made $24k in November 17 2017
I didn't know where to buy it
Too many scams back then
I use money furnish house
Bought chairs worth 700k
Was balling
Eating oysters and carmalli with rice
Was bleeping bitches on www.codedruns.com
Premium pussy
Doing vacation
Popping bottles in strip clubs
Na one day my house burn
And I lost everything

If I has btc at 3k
I for Don be local government of my own when it got to 75k grin grin

3 Likes

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