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Crypto Currency Investors Thread - Investment (3251) - Nairaland

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Re: Crypto Currency Investors Thread by twosquare(m): 7:03pm On Jul 19, 2023
turmacs:
knowing that xrp will soon hit one dollar is making me very very sad.... cry I had stocked up alot of this coin two months ago but I sold all of them for some stupid reason.... I'm just praying for it to drop back to its previous price range because the amount of xrp I'll buy sef, Jef Bezoz go fear..
Chai...sorry. It will drop in days...but not back to the former price. Except there is a dump in the market as regards BTC. If it can't hold the 0.65, then downwards.

But for now, 0.71 to 0.80 swings...if there is any major shift that will cause crypto rally, then 1 dollar (by candle spike).
Re: Crypto Currency Investors Thread by twosquare(m): 7:09pm On Jul 19, 2023
"Let me tell you the best advice I ever got.

You want to be great?

You need to sacrifice.

The more painful the sacrifice, the greater you’ll be.

Simple."

#copied

9 Likes 3 Shares

Re: Crypto Currency Investors Thread by twosquare(m): 7:36pm On Jul 19, 2023
“Cut winners early and hold onto losers.”

This is one way to absolutely destroy your capital overtime,

Or even worse in one go.

Instead,

Rely on your stop loss like it’s oxygen.

Let it save you from losing money.

Don’t get too greedy when you’re in profit, follow your plan and realise your gains,

Otherwise you will be left with nothing at all."

#copied
Re: Crypto Currency Investors Thread by Spiritualizt: 7:44pm On Jul 19, 2023
victorholar:
Thats fine...but what are the means to generate digital
funds in the first place...I mean, before I can buy alt coins, I must have earn or been gifted some digital coins
There are many means to generate funds and liquidity to invest in crypto.

Crypto is one of the industry in the world where you can start from zero account and before you know thousands of $$$ Will be sitting in your bank account, just as the case of Arkham;

Most importantly you have to be serious,focus and highly disciplined. You can start searching on Twitter and following some Airdrop hunters like @bloomstarbms, @1cryptomama, and @ndidi_gram etc.

Secondly you can learn how to do crypto jobs it's lucrative if you know what you're doing, they're many idolos on Twitter you can learn Crypto jobs from.

They're so many opportunities in the crypto world that many Nigerians can benefit from considering our economic downturn, we can cry all we want about our Bad leaders, nothing will change, instead of complaining about the current hardship why don't we look for ways to enhance our skills and earn in dollars or rather wait and lament, whilst inflation steals every penny we earn from our small monthly salary.

The time is now we're still early in crypto by 2026 the Mcap is projected to be Around 25trillion dollars that's more than x24 the current Mcap. ✌️

6 Likes 1 Share

Re: Crypto Currency Investors Thread by nna777: 7:46pm On Jul 19, 2023
If XRP continues this way, we might just have entered alt season where BTC dominance will be broken. Fingers crossed

4 Likes

Re: Crypto Currency Investors Thread by GRACEGLORY: 7:49pm On Jul 19, 2023
Ekehwinz:


Grace what's your analysis on polkadot?



Polkadot has proven to be a good investment as one of the top 15 coin.
Polkadot is one of the most secure and innovative networks in the crypto field right now.

All the blockchains need interoperability to interact and that's where Polkadot comes in, just as they need Chainlink and that's where the oracle comes in too. No one does it better than them at the moment, and both have proven themselves over thick and thin.


I hold a couple of DOT

2 Likes

Re: Crypto Currency Investors Thread by nna777: 7:52pm On Jul 19, 2023
Starboytwo:
good morning. In lay mans term pls. Anyway, does this mean buy more?? I’ve been buying a lot of LTC since yesterday sha.

If you are a short term holder (6months to 1yr), present price fluctuation won't matter much. With BTC halving coming up next year, current price is a steal. The 89-90 region was well defended couple of days ago.
Re: Crypto Currency Investors Thread by nna777: 7:57pm On Jul 19, 2023
Double post
Re: Crypto Currency Investors Thread by nna777: 8:03pm On Jul 19, 2023
nna777:
Double bottom confirmed @ 92 for LTC. We should see some major moves going into the halving. Opened a *5 leverage long @ 93. Liquidation price @ 64.

DYOR !!!! NAFA !!!!

Also opened a *5 leverage long OP @1.21. Liquidation price is 0.65.
Broken overhead resistance @ 1.51, on the move to 2.

My *5 leverage long PEPE @.157. No liquidation price as my OP profit has cancelled it.

My 3 future plays for the next 6months to 1yr are LTC, OP & PEPE.

DYOR!!! NAFA!!!

6 Likes

Re: Crypto Currency Investors Thread by RomeoMarvis(m): 8:09pm On Jul 19, 2023
nna777:


Also opened a *5 leverage long OP @1.21. Liquidation price is 0.65.
Broken overhead resistance @ 1.51, on the move to 2.

My *5 leverage long PEPE @.157. No liquidation price as my OP profit has cancelled it.

My 3 future plays for the next 6months to 1yr are LTC, OP & PEPE.

DYOR!!! NAFA!!!

No offense but you don't use StopLoss?
Re: Crypto Currency Investors Thread by nna777: 8:16pm On Jul 19, 2023
RomeoMarvis:


No offense but you don't use StopLoss?

No. My leverages are always low. Same with my liquidation price so no need for stop loss. I can have positions opened for months.

3 Likes

Re: Crypto Currency Investors Thread by Truthshotcrazy: 8:35pm On Jul 19, 2023
GRACEGLORY:




Polkadot has proven to be a good investment as one of the top 15 coin.
Polkadot is one of the most secure and innovative networks in the crypto field right now.

All the blockchains need interoperability to interact and that's where Polkadot comes in, just as they need Chainlink and that's where the oracle comes in too. No one does it better than them at the moment, and both have proven themselves over thick and thin.


I hold a couple of DOT
embarassed
Re: Crypto Currency Investors Thread by armadeo(m): 9:54pm On Jul 19, 2023
Where do you think ltc would after the halving
Re: Crypto Currency Investors Thread by turmacs(f): 10:13pm On Jul 19, 2023
armadeo:
Where do you think ltc would after the halving
$3k-$4k
Re: Crypto Currency Investors Thread by Runup: 10:21pm On Jul 19, 2023
Any idea on why people trade Naira on Binance P2P?

1 Like

Re: Crypto Currency Investors Thread by Tohmey(m): 10:23pm On Jul 19, 2023
armadeo:
Where do you think ltc would after the halving
man, target $300-500
Re: Crypto Currency Investors Thread by turmacs(f): 10:27pm On Jul 19, 2023
Chai 😭😭😭 XRP don dey run leave me go $1.. more than 10% pump in one day... Oh lord, this world is not my home 😭😭😭

1 Like 1 Share

Re: Crypto Currency Investors Thread by Tohmey(m): 10:27pm On Jul 19, 2023
nna777:


No. My leverages are always low. Same with my liquidation price so no need for stop loss. I can have positions opened for months.
with x5 leverage any 20% drop will liquidate you
Re: Crypto Currency Investors Thread by armadeo(m): 10:28pm On Jul 19, 2023
Tohmey:
man, target $300-500

Interesting make I jump in small. The daily chart looks solid that small hammer....
Re: Crypto Currency Investors Thread by Tohmey(m): 10:33pm On Jul 19, 2023
Runup:
Any idea on why people trade Naira on Binance P2P?
Ah ah to make profit nah, let me say you bought $5,000 at p2p for #820 and sell at #823 i.e #3 gain, multply the #3 by 5,000 = #15,000 profit

1 Like 1 Share

Re: Crypto Currency Investors Thread by Tohmey(m): 10:35pm On Jul 19, 2023
armadeo:

Interesting make I jump in small
me sef i hold on spot like 2pcs I wan still buy long on future with ×3 leverage
Re: Crypto Currency Investors Thread by Tohmey(m): 10:37pm On Jul 19, 2023
turmacs:
$3k-$4k
SMH. . . No joy oo
Re: Crypto Currency Investors Thread by turmacs(f): 10:37pm On Jul 19, 2023
Tohmey:
Ah ah to make profit nah, let me say you bought $5,000 at p2p for #820 and sell at #823 i.e #3 gain, multply the #3 by 5,000 = #15,000 profit
15,000 profit, on 4 million naira investment?

7 Likes 1 Share

Re: Crypto Currency Investors Thread by Tohmey(m): 10:40pm On Jul 19, 2023
[quote author=turmacs post=124531407]Chai
Re: Crypto Currency Investors Thread by Runup: 10:42pm On Jul 19, 2023
Tohmey:
Ah ah to make profit nah, let me say you bought $5,000 at p2p for #820 and sell at #823 i.e #3 gain, multply the #3 by 5,000 = #15,000 profit
Thanks
I'm talking about buying and selling Naira
Re: Crypto Currency Investors Thread by Tohmey(m): 10:46pm On Jul 19, 2023
turmacs:
15,000 profit, on 4 million naira investment?
nawa 4 u o o
Is like you never trade p2p, some people even sell 1.50naira difference
You buy this night before tommorrow night you don sell finish, before a month go finish you don book like 3-5% profit
Re: Crypto Currency Investors Thread by Tohmey(m): 10:52pm On Jul 19, 2023
Runup:

Thanks
I'm talking about buying and selling Naira

Oh! You know nigeria bank barn deposit of naira to crypto exchange, so if you wan still trade coins with naira you buy the digital naira being listed on the exchange and trade the naira with coins pair e.g btc|ngn
When you want to cashout you sell back the naira to the people who needs it

1 Like 1 Share

Re: Crypto Currency Investors Thread by Runup: 10:54pm On Jul 19, 2023
Tohmey:

Oh! You know nigeria bank barn deposit of naira to crypto exchange, so if you wan still trade coins with naira you buy the digital naira being listed on the exchange and trade the naira with coins pair e.g btc|ngn
When you want to cashout you sell back the naira to the people who needs it
Thank you

1 Like

Re: Crypto Currency Investors Thread by doyin01: 10:55pm On Jul 19, 2023
turmacs:
15,000 profit, on 4 million naira investment?

So if someone on p2p buys 5000$ at 820naira per dollar.. and resells at 823naira per dollar.. how much profit were you expecting them to make ?? undecided

1 Like

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