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Re: Crypto Currency Investors Thread by deborges(m): 4:28pm On May 14, 2023 |
charly20: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: Accumulator! Keep accumulating. 1 Like |
Re: Crypto Currency Investors Thread by Bullish99: 5:48pm On May 14, 2023 |
Iceking1: 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: 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: 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: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: 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: Awon philosopher. |
Re: Crypto Currency Investors Thread by Bullish99: 2:17am On May 15, 2023 |
Hudson777: Lol. You are right |
Re: Crypto Currency Investors Thread by Bullish99: 2:24am On May 15, 2023 |
Chikacha: 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: 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: 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: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: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: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: You never answer me boss How far GMG |
Re: Crypto Currency Investors Thread by Blake755: 9:46am On May 15, 2023 |
seankafor: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: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: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:what's gmg bro? |
Re: Crypto Currency Investors Thread by Lordofalmajiri(f): 11:00am On May 15, 2023 |
GRACEGLORY:Make I check my portfolio .. 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:Lolz. 1 Like |
Re: Crypto Currency Investors Thread by Ekehwinz: 12:36pm On May 15, 2023 |
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: |
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: |
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