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Crypto Currency Investors Thread - Investment (3283) - Nairaland

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Re: Crypto Currency Investors Thread by weIMPORT: 4:21pm On Aug 22, 2023
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Re: Crypto Currency Investors Thread by Chikacha: 5:40pm On Aug 22, 2023
OgogoroFreak:
I will have to leave you to learn the hard way.

I don't buy alt and would NEVER buy alt but who ever does, should only be interested in using it to increase their btc.

I saw a post by a guy on this thread (attached) far back 2021, that said he built a house by hodling btc. Btc! Not alt o.

Then, same guy started to trade alts. I can bet my networth that he is currently losing serious money waiting for what you people call bull run.

If at all the so called bull run would come, most if not all of you would have sold your alts along the road in what you call TP.

The problem with your post is that you have what you already believe in and would not entertain any other ideas. So I say to you, let us wait and see... Nobody is asking you to buy Alts, we're just stating our experiences.. or predictions.

As you said, he had to hold till the bull run to build his house, so we would all agree it is unfair to expect him to buy a house now. Let's wait and see how he fares in the next bull, if he wouldn't retire now that he has ALTs.

I am not talking from guesses or arguments, neither am I speaking to you from being in crypto for X number of years.Those things do not matter at all.
Think about the worst part of Lagos and think about helpless teenagers there. Now, I can count for you over 7 of them that are Millionaires in dollars and na only me get BTC oo, I watched KSM, AVAX, SOLANA, AXS, KCS. I just dey look them say I get BTC and ETH.... when everyone was buying beautiful stuffs and mine didn't come, I DMed one Oga for here, and guess what he taught me to buy... AVAX, SOLANA, ALGO, AXS and MANA undecided ... Now that I think about it, I can tell you that the SHIBA INU I got was just given to me to change my life cause I didn't buy them, still cannot remember how I earned it . Even ordinary REQUEST token that I don't know if it's dead or alive, gave me like 12 x

So where them dey learn that "learn the hard way" Make I go learn that learn, I wan learn am. cheesy

4 Likes

Re: Crypto Currency Investors Thread by doyin01: 5:55pm On Aug 22, 2023
OgogoroFreak:
I will have to leave you to learn the hard way.

I don't buy alt and would NEVER buy alt but who ever does, should only be interested in using it to increase their btc.

I saw a post by a guy on this thread (attached) far back 2021, that said he built a house by hodling btc. Btc! Not alt o.

Then, same guy started to trade alts. I can bet my networth that he is currently losing serious money waiting for what you people call bull run.

If at all the so called bull run would come, most if not all of you would have sold your alts along the road in what you call TP.

Na overconfidence kill 2020

3 Likes

Re: Crypto Currency Investors Thread by twosquare(m): 6:30pm On Aug 22, 2023
smiley smiley smiley

2 Likes

Re: Crypto Currency Investors Thread by Chikacha: 7:23pm On Aug 22, 2023
twosquare:
smiley smiley smiley
Thank you very much!

Anyone who buys into good projects now and starts DCAing out one year from halving will not fail, unless something unforeseen happens... like no more bull market till 2030.

Whether selling pressure affects it from getting to ATH or not, DCA out after one year of halving, then use small small 500 to 1k to play around with the new ALTS in the bull market and take immediate profit.
Re: Crypto Currency Investors Thread by Icecream4U(m): 8:09pm On Aug 22, 2023
OgogoroFreak:
I will have to leave you to learn the hard way.

I don't buy alt and would NEVER buy alt but who ever does, should only be interested in using it to increase their btc.

I saw a post by a guy on this thread (attached) far back 2021, that said he built a house by hodling btc. Btc! Not alt o.

Then, same guy started to trade alts. I can bet my networth that he is currently losing serious money waiting for what you people call bull run.

If at all the so called bull run would come, most if not all of you would have sold your alts along the road in what you call TP.
Oh man! Na me stray bullet touch so?

Bros, I don't know what to say. I feel I was better holding btc than now because I didn't trade or think about my bag. Still, my money grew.

Trading alts, I have seen my money grew within short period and still watch it turned to dust in my very own eyes. grin

Coming from bitcoin, my mentality was to hold all my alts then, I don't TP. If I had sold then, I would be in serious money than what btc would have given me. I was early in KDA, RMRK and shib but didn't sell a dime even when my money has done X4 till my money turned to dust.

The long and short of it is that, you are right that my bag is currently bleeding but I still believe alts are better. Knowing exactly when to sell, when to keep holding and when to buy, is still the main problem.

8 Likes

Re: Crypto Currency Investors Thread by IronCastle(m): 9:01pm On Aug 22, 2023
DangoteIvy:
Bitcoim BTC halving event APRIL 2024. cool Hopefully, BTC reaches a new ATH price of $150 000 after halving event.

Where will the money for
the pump come from?

This is not year 2020 when
there were are kinds of
bail-out funds flying about in
all countries leading to idle
funds in people's hands

1 Like 1 Share

Re: Crypto Currency Investors Thread by DangoteIvy: 9:12pm On Aug 22, 2023
IronCastle:


Where will the money for
the pump come from?

This is not year 2020 when
there were are kinds of
bail-out funds flying about in
all countries leading to idle
funds in people's hands
Rare-rity of the coin will increase the price overtime. BTC has a strong utility case but it is however, not unlimited in supply

. There are only about 21million Bitcoin. And as Mining Difficulty increases after each halving event cycle, which only takes placr about once in every four years, the coin will become Rarer and Rarer & more pricey.

And hit a new ATH all time high approximately X2 times two of the previous ATH at the immediate past mining difficulty, of the preceding halving event period.

At the current rarerity level, BTC hit ATH of 75k, thus it will approach 150k at increased rarerity after the next halving evrnt cycle. April 2024.
Before april 2028, ATH 150k. And next halving evrnt cycle, ATH 300k.

7 Likes

Re: Crypto Currency Investors Thread by Stan2330(m): 10:05pm On Aug 22, 2023
I wonder how people still see future in cryptocurrency
You invest money with hopes that It will rise.
Something that doesn't generate income. Cryptocurrency survives on speculation

6 Likes

Re: Crypto Currency Investors Thread by Chikacha: 11:36pm On Aug 22, 2023
Stan2330:
I wonder how people still see future in cryptocurrency
You invest money with hopes that It will rise.
Something that doesn't generate income. Cryptocurrency survives on speculation

The same reason the mechanic's son is now a Millionaire and we are here calling him Yahoo boy behind his back. cheesy

We're not far from the bottom... Even Black Rock cannot hold themselves.
Re: Crypto Currency Investors Thread by twosquare(m): 7:19am On Aug 23, 2023
Chikacha:


The same reason the mechanic's son is now a Millionaire and we are here calling him Yahoo boy behind his back. cheesy

We're not far from the bottom... Even Black Rock cannot hold themselves.
grin grin


Just imagine crypto market cap jumping from $1trn to $6trn...what will happen?

When you start seeing a mass adoption of cryptocurrency among countries of the earth, Stan2330 will know that what he thought impossible is just a breeze, a drop in the ocean.

Gold has $12trn global market cap....imagine the cypto world getting half of that money.

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Robnectar(m): 7:22am On Aug 23, 2023
twosquare:
grin grin


Just imagine crypto market cap jumping from $1trn to $6trn...what will happen?

When you start seeing a mass adoption of cryptocurrency among countries of the earth, Stan2330 will know that what he thought impossible is just a breeze, a drop in the ocean.

Gold has $12trn global market cap....imagine the cypto world getting half of that money.

God😳😳😳
Re: Crypto Currency Investors Thread by 1Satanist: 7:38am On Aug 23, 2023
Robnectar aka GodSaklek:


God😳😳😳


Welcome back Scammer!

Here we go.............. 🤣😂😂😂😂😂😂😂
Re: Crypto Currency Investors Thread by Ceasarceasar: 7:56am On Aug 23, 2023
Dollar back to 912 naira...

Naija na yeye country honestly

1 Like

Re: Crypto Currency Investors Thread by Chikacha: 8:39am On Aug 23, 2023
twosquare:
grin grin


Just imagine crypto market cap jumping from $1trn to $6trn...what will happen?

When you start seeing a mass adoption of cryptocurrency among countries of the earth, Stan2330 will know that what he thought impossible is just a breeze, a drop in the ocean.

Gold has $12trn global market cap....imagine the cypto world getting half of that money.

I know. We are still early.
Before this drop, one single individual opened a billion dollar position, one man... inside a bear market.
Re: Crypto Currency Investors Thread by 1Satanist: 9:21am On Aug 23, 2023
Robnectar aka GodSaklek:
Join the overline network and earn ocash worth of 5USDT

https://overline.network?a=msftJSboZVmb


Referral?

You forget to add which of your useless monikers we need to use as referral so you make 5 USDT as well.


New MMM losers loading...

grin grin grin grin grin

1 Like

Re: Crypto Currency Investors Thread by Tohmey(m): 11:24am On Aug 23, 2023
Ceasarceasar:
Dollar back to 912 naira...
Naija na yeye country honestly
Ah swear! thankGod i get in $600 @855
Re: Crypto Currency Investors Thread by GRACEGLORY: 12:16pm On Aug 23, 2023
GRACEGLORY:



You need the patience to wait for the perfect timing.



DXY is breaking through resistance, that means stronger dollar weaker cryptocurrency.

2 Likes 1 Share

Re: Crypto Currency Investors Thread by GRACEGLORY: 12:30pm On Aug 23, 2023
Stan2330:
I wonder how people still see future in cryptocurrency
You invest money with hopes that It will rise.
Something that doesn't generate income. Cryptocurrency survives on speculation


I understand, looking from your perspective... But somebody once said, "Even though you may be a technician, your meal will be flat if you can't think like an onion, a carrot, or a tomato."


“Bitcoin will do to banks what email did to the postal industry.”

Rick Falkvinge, Founder of the Swedish pirate party


“There are 3 eras of currency: Commodity based, politically based, and now, math based.”

Chris Dixon, Co-founder of Hunch now owned by eBay, Co-founder of SiteAdvisor now owned by McAfee


If you have no idea of trading (where most people lose money, buying high, selling low) in this Sphere, look for the best entry point, and just HODL

3 Likes

Re: Crypto Currency Investors Thread by GRACEGLORY: 12:32pm On Aug 23, 2023
IronCastle:


Where will the money for
the pump come from?

This is not year 2020 when
there were are kinds of
bail-out funds flying about in
all countries leading to idle
funds in people's hands


They won't want to lose money, see when rubble was crashing, they threw their money into crypto.
Wait for the green back to crash, and you'd see flood in the CRYPTO, GOLD, & SILVER.
Re: Crypto Currency Investors Thread by seanwilliam(m): 3:00pm On Aug 23, 2023
Ok ok .
Before u commit your money to the market , please don’t forget dollar is 900+ now.

That means 100$ is above 90,000 naira, that’s minimum wage of 30k x 3months with hard labor .
Remember that 90k will buy 2 bags of rice which is 60 congos .
Ok ok grin

6 Likes 1 Share

Re: Crypto Currency Investors Thread by Smithwilliams826: 3:55pm On Aug 23, 2023
OgogoroFreak:
Any alt it didn't touch this period, it will touch it later or when it's time comes.

If you are buying alts and your total in btc does not increase, you are investing backwards. You should use alt to increase your btc.
grin I hope $naka and $trias fall

1 Like

Re: Crypto Currency Investors Thread by Runup: 3:56pm On Aug 23, 2023
seanwilliam:
Ok ok .
Before u commit your money to the market , please don’t forget dollar is 900+ now.

That means 100$ is above 90,000 naira, that’s minimum wage of 30k x 3months with hard labor .
Remember that 90k will buy 2 bags of rice which is 60 congos .
Ok ok grin
have you found any arbitrage opportunity?
Re: Crypto Currency Investors Thread by seanwilliam(m): 4:29pm On Aug 23, 2023
Runup:

have you found any arbitrage opportunity?
Not yet bros.
Hala if you see

1 Like

Re: Crypto Currency Investors Thread by nna777: 5:19pm On Aug 23, 2023
nna777:


There's a high probability of a retest of the 25k region again or lower for a double bottom before an uptrend. I have closed my longs. For those who bought my call you can sell and wait for another entry.

Yesterday's drop caused a total of $1B in liquidations. My God!!!

Double bottom likely confirmed yesterday. If we break 26k2 into support, 27k2 is next.

Opened ltc long @65

5 Likes 1 Share

Re: Crypto Currency Investors Thread by Truthshscrazy: 6:29pm On Aug 23, 2023
seanwilliam:
Ok ok .
Before u commit your money to the market , please don’t forget dollar is 900+ now.

That means 100$ is above 90,000 naira, that’s minimum wage of 30k x 3months with hard labor .
Remember that 90k will buy 2 bags of rice which is 60 congos .
Ok ok grin
cool
Re: Crypto Currency Investors Thread by Truthshscrazy: 6:30pm On Aug 23, 2023
twosquare:
grin grin


Just imagine crypto market cap jumping from $1trn to $6trn...what will happen?

When you start seeing a mass adoption of cryptocurrency among countries of the earth, Stan2330 will know that what he thought impossible is just a breeze, a drop in the ocean.

Gold has $12trn global market cap....imagine the cypto world getting half of that money.
cool
Re: Crypto Currency Investors Thread by twosquare(m): 10:21pm On Aug 23, 2023
If only you had followed this call.

Who did?

Check the After hours trading now...
twosquare:
NVDA wink wink smiley

stock market

50-50 kiss kiss

Earning reports Wednesday...price may start shooting up before then (currently at $432). Market will open up in less than 10 minutes...place your order beforehand.

Remember I called out Amazon last month or so.

Re: Crypto Currency Investors Thread by 2023MiningApps: 3:55am On Aug 24, 2023
Vold wait-list, if you have eyes you'd know it will be huge. LINK

Re: Crypto Currency Investors Thread by iameffiong(m): 8:46am On Aug 24, 2023
Hey guys, please I need some help

I have a chipper cash account which I use to send money
But does anyone knows a single app that would covert NGN or USD to either

1. Send money to both Uganda and Ghana

2. Send money to both Uganda and Kenya

3. Send money to both Kenya and Ghana

And also has good exchange rates as I have watched videos and these other apps I've seen like payday, changera all have very poor exchange rates with high charges.

Thanks for making our time to provide some information
Re: Crypto Currency Investors Thread by yemmit90: 8:57am On Aug 24, 2023
Having read all the arguments here, if you really love your self and your investment, trade only bitcoin and leave all those shitty alts alone. Alot of these projects has been abandoned by the minners, you just keep investing in coins that will keep wasting your money whether bitcoin rise or fall. They rewards big but dangerously manipulated. Crypto market has been designed in such a way that only bitcoin and other major coins are viable now. Bitcoin is never like before that you will have a bull and bear market, it seems being float now, it has never gone down big or up like previous market conditions. For instance, since 2016 I stated, all the alts I knew including the recent ones has lost more than 10000%, and bitcoin has gained more than 400% during the same period.

Majority of us use small money to trade, reason you think you can't make it big from trading bitcoin alone. Between yesterday and now, you should have made not less than $34, if you trade bitcoin with just $1k. Besides, there is no day bitcoin don't make at least $300 interchange movements that you can take advantage of even with your lesser capital.

These are the major coins you should deal with because they align wuth bitcoin movement.

BTC, ETH, LTC, SOL, BNB and USDT trading.

8 Likes 1 Share

Re: Crypto Currency Investors Thread by XaToXi: 10:04am On Aug 24, 2023
yemmit90:
Having read all the arguments here, if you really love your self and your investment, trade only bitcoin and leave all those shitty alts alone. Alot of these projects has been abandoned by the minners, you just keep investing in coins that will keep wasting your money whether bitcoin rise or fall. They rewards big but dangerously manipulated. Crypto market has been designed in such a way that only bitcoin and other major coins are viable now. Bitcoin is never like before that you will have a bull and bear market, it seems being float now, it has never gone down big or up like previous market conditions. For instance, since 2016 I stated, all the alts I knew including the recent ones has lost more than 10000%, and bitcoin has gained more than 400% during the same period.

Majority of us use small money to trade, reason you think you can't make it big from trading bitcoin alone. Between yesterday and now, you should have made not less than $34, if you trade bitcoin with just $1k. Besides, there is no day bitcoin don't make at least $300 interchange movements that you can take advantage of even with your lesser capital.

These are the major coins you should deal with because they align wuth bitcoin movement.

BTC, ETH, LTC, SOL, BNB and USDT trading.


In addition to this, $34 on $1000 is 3.4% daily or 102% monthly ROI trading on spot. No bank gives this.

If that is too small, just note that btc will hardly pump more than 10% in a day or 30% in a week, so you can safely trade it on 3x to 10x leverage max to increase the returns stated above.

There are tools on binance you can use to auto dca and auto take profit.

1 Like 1 Share

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