Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,173,883 members, 7,889,931 topics. Date: Monday, 15 July 2024 at 03:31 AM

Crypto Currency Investors Thread - Investment (3176) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3555845 Views)

The Metaverse Investors Thread / NFT Investors Thread / Sh!t Coin Investors Thread (2) (3) (4)

(1) (2) (3) ... (3173) (3174) (3175) (3176) (3177) (3178) (3179) ... (3786) (Reply) (Go Down)

Re: Crypto Currency Investors Thread by deborges(m): 4:28pm On May 14, 2023
charly20:



Taking positions at discounted prices is when you know that reversal is not too far away. It saves you the stress of weathering drawdowns for a long time.

Buying now because you're buying at discounted prices only for the market to offer more discount and then you running out of investing capital sucks.
you can't play it too safe with crypto no matter how safe you may be it will take some from you (losses). You can DCA in that case if you fear for more drawdowns. I'm sowing seeds now(taking position) the bull cycle might be closer than you think

9 Likes

Re: Crypto Currency Investors Thread by Bullish99: 5:40pm On May 14, 2023
deborges:
money is made in the bear market and not in the bull market. Now is the time to take position and accumulate. If you don't take position at these discounted prices when will you? At the bull cycle? Take position now

Accumulator! Keep accumulating.

1 Like

Re: Crypto Currency Investors Thread by Bullish99: 5:48pm On May 14, 2023
Iceking1:



Truer words can't be said, you're so right on this, I feel deeply hurt after reading your message, I lost more than 3m in late 2021 and 2.9m in September 2022, I lost most of my money to meme coins, rug pull etc in which after that I took loan from branch and faiemoney to buy dego after a pump of 300% plus, it kept shooting green candles for several hours and I thought it would go up more, as soon as I bought it came down from 300% plus to 89% , I lost everything and owned loan for months, they were on my neck, I sold my TV and my home theater to pay, and until March this year I couldn't boost of 1000 naira on my own, I couldn't eat I was extremely depressed and hungry, but I thank God now that I'm okay again, although still trading but with sense, last month I input 500,000 into Lqty and today my money is 230,000, I was glad I didn't put 100% of my money as I did few years back, I'm wiser now.

Are U married? Imagine the frustration U would face with family to provide for knowing U lost all to an online investment.

Take a break till 3rd quarter of 2024 (if the cycle remains same) buy and Hold. U will make ur money back in folds.

1 Like

Re: Crypto Currency Investors Thread by Chikacha: 6:23pm On May 14, 2023
charly20:



Taking positions at discounted prices is when you know that reversal is not too far away. It saves you the stress of weathering drawdowns for a long time.

Buying now because you're buying at discounted prices only for the market to offer more discount and then you running out of investing capital sucks.

If one really needs to change their life, then the best advice is to take position as he said. There will never be a guarantee of when we are ready to change the trend. The difference between those who made it and those who should have made it is actually DCAing and living through the pain, fear, and uncertainty...... plus actually selling in the bull market.

All of us must have iron and paper hands. The iron fist is for the bear market and paper hands should be in the bull market.

If you don't feel pain, you are not doing it right. I don't think the crypto millionairs were any lucky. I believe they lived through fears and pain. Therefore they deserve their gains.

I have been looking at Crpto since 2013 most of my mates who bought it are now millionaires or about to cross that line. I watched cryptos go from 1 to 1000 USD.

If the rest of us keep waiting for the right time, we would be the spectators and only get the crumbs. Not me that said it, Dido did. ( life for rent )

5 Likes 1 Share

Re: Crypto Currency Investors Thread by charly20(m): 8:10pm On May 14, 2023
Chikacha:


If one really needs to change their life, then the best advice is to take position as he said. There will never be a guarantee of when we are ready to change the trend. The difference between those who made it and those who should have made it is actually DCAing and living through the pain, fear, and uncertainty...... plus actually selling in the bull market.

All of us must have iron and paper hands. The iron fist is for the bear market and paper hands should be in the bull market.

If you don't feel pain, you are not doing it right. I don't think the crypto millionairs were any lucky. I believe they lived through fears and pain. Therefore they deserve their gains.

I have been looking at Crpto since 2013 most of my mates who bought it are now millionaires or about to cross that line. I watched cryptos go from 1 to 1000 USD.

If the rest of us keep waiting for the right time, we would be the spectators and only get the crumbs. Not me that said it, Dido did. ( life for rent )


I understand your point clearly. However, what I'm on about is leveraging on sound technical and fundamental analysis to know just when you can start "DCAing". Example; why should I buy Eth at $2,000 when I'm certain I'll have an opportunity to buy at $1,000?

To DCA in this situation with limited pool of funds, I can start from $1,500 to DCA as opposed to buying at $2,000. You get my point?

I bought $ONE at 0.015 sometime in March and called it here and sold at the end of april with whatever profit I got because I understand that I'll get better opportunities in May/June, look at the charts now.

You don't become "the millionaire" by giving up the profits you got or by buying at the top (red candles don't always mean "bottom" ), we've got to be smart about investing.

Be well.

4 Likes

Re: Crypto Currency Investors Thread by Hudson777: 8:49pm On May 14, 2023
Bullish99:


Are U married? Imagine the frustration U would face with family to provide for knowing U lost all to an online investment.

Take a break till 3rd quarter of 2024 (if the cycle remains same) buy and Hold. U will make ur money back in folds.
you have no idea of what you’re saying,you sound like someone that chase pumps....buy the blood so you won’t be used as exit liquidity,don’t mislead people here oga

8 Likes

Re: Crypto Currency Investors Thread by Chikacha: 9:03pm On May 14, 2023
charly20:



I understand your point clearly. However, what I'm on about is leveraging on sound technical and fundamental analysis to know just when you can start "DCAing". Example; why should I buy Eth at $2,000 when I'm certain I'll have an opportunity to buy at $1,000?

To DCA in this situation with limited pool of funds, I can start from $1,500 to DCA as opposed to buying at $2,000. You get my point?

I bought $ONE at 0.015 sometime in March and called it here and sold at the end of april with whatever profit I got because I understand that I'll get better opportunities in May/June, look at the charts now.

You don't become "the millionaire" by giving up the profits you got or by buying at the top (red candles don't always mean "bottom" ), we've got to be smart about investing.

Be well.

Thank you very much for your response. I understand where you are coming from. But you are working with the Certainty that ETH is going back to 1k. Not all of us can afford to risk that since there is no certainty in crypto. In away, that makes you different from the rest of us.

If I want 12.5 ETH as you have ETH in your example, If i start buying from 2k to 1k, I would average ETH around 1,200, to 1'400. I don't think this is bad.
For instance, I know that MOVR is a gamble but I still need a few of it so each week from the beginning of this year, I bought MOVR and I don't plan to stop till March of next year. Just incase it goes back to 500 USD.

Can someone say i am lucky if it happens, YES, Is it going to be true, Absolutely not!
Am I suffering right now, Oh yes!

2 Likes

Re: Crypto Currency Investors Thread by Veenbanks(m): 9:04pm On May 14, 2023
Trading is not just a game, it's a mirror of life.

It shapens you, teaches you; patience, discipline, confidence.

They all start on the charts but they follow you everywhere.

Trading is not just only about the money, it's about the man you become.

11 Likes

Re: Crypto Currency Investors Thread by LikeAking: 11:29pm On May 14, 2023
Veenbanks:


Trading is not just a game, it's a mirror of life.

It shapens you, teaches you; patience, discipline, confidence.

They all start on the charts but they follow you everywhere.

Trading is not just only about the money, it's about the man you become.

Awon philosopher.
Re: Crypto Currency Investors Thread by Bullish99: 2:17am On May 15, 2023
Hudson777:
you have no idea of what you’re saying,you sound like someone that chase pumps....buy the blood so you won’t be used as exit liquidity,don’t mislead people here oga

Lol. You are right grin
Re: Crypto Currency Investors Thread by Bullish99: 2:24am On May 15, 2023
Chikacha:


Thank you very much for your response. I understand where you are coming from. But you are working with the Certainty that ETH is going back to 1k. Not all of us can afford to risk that since there is no certainty in crypto. In away, that makes you different from the rest of us.

If I want 12.5 ETH as you have ETH in your example, If i start buying from 2k to 1k, I would average ETH around 1,200, to 1'400. I don't think this is bad.
For instance, I know that MOVR is a gamble but I still need a few of it so each week from the beginning of this year, I bought MOVR and I don't plan to stop till March of next year. Just incase it goes back to 500 USD.

Can someone say i am lucky if it happens, YES, Is it going to be true, Absolutely not!
Am I suffering right now, Oh yes!

Have U thought about a binance delist of ur dear MOVR or whichever coin U might b accumulating b4 d NXT bull run? Would U have d strength to face d heartache?
Not discouraging u though. However, u'v got to b smart about investments TIME.
Re: Crypto Currency Investors Thread by LikeAking: 2:35am On May 15, 2023
The truth what just happened in the crypto industry this year is not even a bull season or anything..

It's just norms... The crypto industry has lost it...

All the big exchanges like Binance and co are all dead...

We need a new exchange that will pump new coins, and also a new crypto industry.


May another btc, eth. Etc..

Crypto for now is dead..
Re: Crypto Currency Investors Thread by Chikacha: 8:07am On May 15, 2023
Bullish99:


Have U thought about a binance delist of ur dear MOVR or whichever coin U might b accumulating b4 d NXT bull run? Would U have d strength to face d heartache?
Not discouraging u though. However, u'v got to b smart about investments TIME.

Yes, Someone even said that on CMC. I have thought about it and I am diversifying.

As I said before, it is a risk that I am taking and the people who made it in crypto did not just stay on the sideline. It is the fear of buying and not buying that makes people look lucky. The madman buying something you think you know would not survive, If that thing survives becomes a lucky man.

The way we all waited for 100k and went straight to 15k, People will wait for 15k and still speculate at 50k.

If I am in pain of feeding my family when I tie my money down in crypto, if I use only my 10% to invest in crypto every month, we would be in pain till 2025 0r 2027. After 2027 we won't be that bad again.

On Nysc camp, Someone asked me to buy BTC, I laughed so hard.
In 2016 or so, I did MMM and lost soo much money.
In 2017, another person begged me to buy BTC, I said "NO" I am not doing yeye MMM again, I am caring for family, we cannot take that risk.
In 2018, most of them shouted, what on earth are you saying that you cannot afford 1000 USD, please do everything you can to buy BTC.

In 2021, My life became far better but most of those guys are now millionaires. These are people from Jigawa State, Ikotun Egbe, Deeperlife, and MFM wey we could not afford clothes to wear as kids wey people die leave us wey we nor even get land to sell.

Naa, I have seen too much to be on the sideline and I am sure someone else has seen far worst than this.

My fear is not that I will miss the train. My fear is what happens after BTC is no longer the trend, wealth has redistributed and those who already made it now hold the wealth? I would have missed the opportunity of a lifetime, literally, and 1 to 5M USD won't be anything anymore.

7 Likes

Re: Crypto Currency Investors Thread by GRACEGLORY: 8:13am On May 15, 2023
GRACEGLORY:



BTC now @the buying phase


If you purchased one Bitcoin after I made this prediction, you are currently in profit over $1,000.

3 Likes 1 Share

Re: Crypto Currency Investors Thread by Blake755: 8:50am On May 15, 2023
How do you guys see floki one of my fear of buying this coins is as a result of many factors like this migration shit I have lost so much cuz of it
Re: Crypto Currency Investors Thread by Jerry59: 9:02am On May 15, 2023
GRACEGLORY:



If you purchased one Bitcoin after I made this prediction, you are currently in profit over $1,000.

One of your post drew my attention back to LTC after abandoning it since the last bull run(made few bucks from it back then).

Checked the chart again and liked what I saw… will eventually dump it if I’m in profit few days after the halving.

You’re doing well 👍🏼

6 Likes 1 Share

Re: Crypto Currency Investors Thread by seankafor(m): 9:04am On May 15, 2023
Blake755:
How do you guys see floki one of my fear of buying this coins is as a result of many factors like this migration shit I have lost so much cuz of it
is migration same as rebasing?

How do you loose when coins migrate?
Re: Crypto Currency Investors Thread by twosquare(m): 9:11am On May 15, 2023
Blake755:
How do you guys see floki one of my fear of buying this coins is as a result of many factors like this migration shit I have lost so much cuz of it
Floki should do good when Bitcoin rises. I think it's tied to that. Pepe has much community support, that's why it's rising when Bitcoin isn't.

Now that Floki is on Binance, I'm sure it will do its run soon, either through pump or natural run. It's underrated, but it should bring rewards. Although I'm a bit disappointed in it because if Wojak, Pogai can do something reasonable, Floki has no excuse.
Re: Crypto Currency Investors Thread by Ekehwinz: 9:36am On May 15, 2023
seankafor:
is migration same as rebasing?

How do you loose when coins migrate?

You never answer me boss

How far GMG
Re: Crypto Currency Investors Thread by Blake755: 9:46am On May 15, 2023
seankafor:
is migration same as rebasing?

How do you loose when coins migrate?
That migration shit the will ask you to send it to there new address at the end u will still be be charged feg safemoon even little rabbit even volt did those shit nah wa oooo 😒😣
Re: Crypto Currency Investors Thread by Blake755: 9:47am On May 15, 2023
twosquare:
Floki should do good when Bitcoin rises. I think it's tied to that. Pepe has much community support, that's why it's rising when Bitcoin isn't.

Now that Floki is on Binance, I'm sure it will do its run soon, either through pump or natural run. It's underrated, but it should bring rewards. Although I'm a bit disappointed in it because if Wojak, Pogai can do something reasonable, Floki has no excuse.
I hope so it has potential especially look at how different exchange keep listing it hmm
Re: Crypto Currency Investors Thread by eljayi99(m): 10:02am On May 15, 2023
OpenHeaven2019:
Make sure bets for the future - How i have been making Free monies on Web 3

Months and maybe over a year ago i was shouting L2s here. I remember chilling Optimism and making thousands of $$ off $Paper.
When Optimism launch their token i was qualified for 2 wallets and i made thousand of $$.

I spoke about Arbitrium, i remember chilling arbitrium NFT on Treasure DAO here, i made money from there and when Arbitrium launch their token weeks ago i made thousand of $$ (Was eligible on two wallet).

There are other airdrops i didn't mention because they were not in their thousand, an example is $HOP.

Now we are on Zksync, i have also spoke about it months ago.

Recently i invested in Sports book projects launching on Zksync, i should make thousands from it. I also provide liquidity on the biggest dex there.

In a year Zksync will launch a token and i will make thousands but even before they launch i will be making money on the chain.

There is the hard way to make money on crypto, which is researching, doing TA and FA etc. I do all that but there is also the easy way.

Are you not tired of missing out?

I find airdrop farming boring and i get tired of it so i look for ways to make money on a new chain, it was why i didn't touch SUI, i couldn't find a way to make money there.

Farm your life out on new chains, Zksync most especially for now and if you are like me, find ways to make money off it. You get the profit now and in the future you receive thousand of $$ as aidrop.

Take action now bruv.
Hope you’ve claimed your $Zat airdrop, it’s for individual that transacted on Zksync blockchain on or before may 1th… wish I could buy more lol, cause it is a guaranteed X10
Re: Crypto Currency Investors Thread by seankafor(m): 10:17am On May 15, 2023
Ekehwinz:


You never answer me boss

How far GMG
what's gmg bro?
Re: Crypto Currency Investors Thread by Lordofalmajiri(f): 11:00am On May 15, 2023
GRACEGLORY:



If you purchased one Bitcoin after I made this prediction, you are currently in profit over $1,000.

Make I check my portfolio grin.. I only bought with 10k Sha.. maybe I go get $500

1 Like 1 Share

Re: Crypto Currency Investors Thread by michealewela: 11:06am On May 15, 2023
Lordofalmajiri:

Make I check my portfolio grin.. I only bought with 10k Sha.. maybe I go get $500
Lolz.

1 Like

Re: Crypto Currency Investors Thread by Ekehwinz: 12:36pm On May 15, 2023
seankafor:
what's gmg bro?
.

Dey disguise, just dey play undecided
Re: Crypto Currency Investors Thread by Tohmey(m): 12:45pm On May 15, 2023
[quote author=Jerry59 post=123143478] One of your post drew my attention back to LTC after abandoning it since the last bull run(made few bucks from it back then).

Checked the chart again and liked what I saw… will eventually dump it if I’m in profit few days after the halving.

You’re doing well
Re: Crypto Currency Investors Thread by Pristine664: 1:13pm On May 15, 2023
Love Hate Inu (LHINU)

Launch Date: Friday 19th May, 2023.

NFA
DYOR

1 Like

Re: Crypto Currency Investors Thread by sunny4life(m): 3:41pm On May 15, 2023
I have exactly the same experience u have.Even when I advise them to just keep small money in apps like opay and palmpay and only use them for small transfers,they just refuse because of fear. These same people cannot invest in cryptocurrency because fear has blinded them from benefiting from innovations.
Tohmey:
WHY BITCOIN ADOPTION WILL BE VERY HARD IN NIGERIA
Dis thing happen to me yesterday. I go buy some food items from my customer. When I wan pay using OPAY because we don already establish say OPAY dey fast for transactions. If d money go, e go and if the money nor go, e nor go. This one na one of the reasons wey make us like to dey use. Back to my tori, I ask the mama whether she get OPAY account, she say no. I ask am why she talk say, OPAY nor get physical office so if anything happen to her money, she nor go know where to go or who to hold. I just simply tell am say, she nor need leave money there for a long time na as the money enter she move am immediately go her commercial bank account.

This one nor be the first time wey I dey hear we naija pipo make this statement - from both young to old people. As i sidon dey reason everithin wetin just come my mind be say these set of pipo wey dey wait for physical office nor go fit get mind invest in bitcoin at all o. And, e come dey obvious say dis one na one of the barriers wey dey slow down bitcoin adoption in Nigeria.

How una see d matta? I get am correctly abi una get another point of view wey I fit reason am from?
Re: Crypto Currency Investors Thread by twosquare(m): 4:02pm On May 15, 2023
It is actually foolery....

Money is insured up to 500k by NDIC, even on fintech platforms. Even at that, if a bank goes under today, despite having physical offices, it doesn't mean you will get back your money. Na just crowd go full the front, shouting, our money eehhh...shout and shout...tueeh...nada....you know naija now.

And the bank will make sure their bankruptcy is announced on Weekend...so that the next Monday...offices don close. When the Saraki's bank went under (let's say we don't have NDIC then), despite the physical offices, how many got their money back...e don go e don go...It's only a functional bank with offices that you can visit if you have probs with your account.

I understand your message...and that's why many will miss out in the wealth transfer coming...that's just it...no wonder the CBN naira scarcity was so harsh on living because people fail to adopt/understand working fintech and get their transactions done...even the drivers.


Tohmey:
WHY BITCOIN ADOPTION WILL BE VERY HARD IN NIGERIA
Dis thing happen to me yesterday. I go buy some food items from my customer. When I wan pay using OPAY because we don already establish say OPAY dey fast for transactions. If d money go, e go and if the money nor go, e nor go. This one na one of the reasons wey make us like to dey use. Back to my tori, I ask the mama whether she get OPAY account, she say no. I ask am why she talk say, OPAY nor get physical office so if anything happen to her money, she nor go know where to go or who to hold. I just simply tell am say, she nor need leave money there for a long time na as the money enter she move am immediately go her commercial bank account.

This one nor be the first time wey I dey hear we naija pipo make this statement - from both young to old people. As i sidon dey reason everithin wetin just come my mind be say these set of pipo wey dey wait for physical office nor go fit get mind invest in bitcoin at all o. And, e come dey obvious say dis one na one of the barriers wey dey slow down bitcoin adoption in Nigeria.

How una see d matta? I get am correctly abi una get another point of view wey I fit reason am from?

(1) (2) (3) ... (3173) (3174) (3175) (3176) (3177) (3178) (3179) ... (3786) (Reply)

Treasury Bills In Nigeria / Nigerian Stock Exchange Market Pick Alerts

Viewing this topic: okwentency and 2 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 86
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.