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Crypto Currency Investors Thread - Investment (3371) - Nairaland

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

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Re: Crypto Currency Investors Thread by clems88(m): 10:27am On Nov 20, 2023
lavylilly:
Gala & Sushi on the move, join the train in future.
. I'm accumulating sushi. I just hope it gets to the last ATH in next bullrun . I just have one kind faith in the COI.n

1 Like

Re: Crypto Currency Investors Thread by Robnectar(m): 10:37am On Nov 20, 2023
clems88:
. I'm accumulating sushi. I just hope it gets to the last ATH in next bullrun . I just have one kind faith in the COI.n

Sushi is a good coin and at the best price to bag up

1 Like

Re: Crypto Currency Investors Thread by sexymonkey(m): 11:16am On Nov 20, 2023
Hotice085:



How did you acquire the Ethereum and when did the CBN EVER banned crypto trading?
he meant direct deposit/purchase with ATM card
Re: Crypto Currency Investors Thread by Fhaze(m): 11:21am On Nov 20, 2023
Robnectar:


Sushi is a good coin and at the best price to bag up

Boss isn't the market cap to high to bag it now ??
Re: Crypto Currency Investors Thread by henrycryptmento(m): 11:23am On Nov 20, 2023
If you want to buy and hold any coin on spot, I will suggest you buy the following coins

#BOND ( 100% buy)
#BADGER ( 90% buy)

Target 2X-5X long term.

#Henrycryptmento
Re: Crypto Currency Investors Thread by Robnectar(m): 11:23am On Nov 20, 2023
Fhaze:


Boss isn't the market cap to high to bag it now ??

U can still bag some now, and keep some fund to DCA bro, should in case there is a drop cool

1 Like

Re: Crypto Currency Investors Thread by Robnectar(m): 11:25am On Nov 20, 2023
henrycryptmento:
If you want to buy and hold any coin on spot, I will suggest you buy the following coins

#BOND ( 100% buy)
#BADGER ( 90% buy)

Target 2X-5X long term.

#Henrycryptmento

Let add some
Spot trading
#Gas
#Twt
#Band
#sushi
#Dot
Re: Crypto Currency Investors Thread by henrycryptmento(m): 11:25am On Nov 20, 2023
IronCastle:


I get am before no be asset!

We're talking about 2023
and you're talking about 10
years ago in 2013


Facts and theories are stamped by the result of previous historical facts. Repetition happens in crypto. Alts that will do well in this coming bull run are already known.

#sol is one of them.

4 Likes

Re: Crypto Currency Investors Thread by henrycryptmento(m): 11:27am On Nov 20, 2023
Robnectar:


Let add some
Spot trading
#Gas
#Twt
#Band

Sure.

1 Like 1 Share

Re: Crypto Currency Investors Thread by henrycryptmento(m): 11:30am On Nov 20, 2023
Careful with longs here. H&S detected here. Might fake out to 38k and drop.

#henrycryptomento

3 Likes

Re: Crypto Currency Investors Thread by LandMann: 12:25pm On Nov 20, 2023
henrycryptmento:
Careful with longs here. H&S detected here. Might fake out to 38k and drop.

#henrycryptomento

What timeframe is this?
Re: Crypto Currency Investors Thread by nna777: 12:49pm On Nov 20, 2023
henrycryptmento:
Careful with longs here. H&S detected here. Might fake out to 38k and drop.

#henrycryptomento

Nice observation. A closer look will show a double bottom followed by a lower low & higher low PA. We’re going to break the 38k barrier this time.

1 Like

Re: Crypto Currency Investors Thread by coldzobo: 1:15pm On Nov 20, 2023
LandMann:


What timeframe is this?
4h
Re: Crypto Currency Investors Thread by Praisek2323: 1:22pm On Nov 20, 2023
Please what is the best and cheapest way to fund your crypto currency wallet now? Thank you
Re: Crypto Currency Investors Thread by Creeza(m): 1:30pm On Nov 20, 2023
Who else noticed the two day trend with Bitcoin and ordi.. it's as if when btc pumps ordi follows soothe almost immediately and the reverse is directly proportional to the statement above ( that means it drops when btc drops)

2 Likes 2 Shares

Re: Crypto Currency Investors Thread by henrycryptmento(m): 2:28pm On Nov 20, 2023
Believe Mr Banks at your own risk. Lol

1 Like

Re: Crypto Currency Investors Thread by Fastt: 5:37pm On Nov 20, 2023
Fastt:
GAS don GAS some ppl.


I tend to avoid coins that have pumped alot. In most cases, once the pumpers take back their invested money plus your liquidity, they leave you to hold the bags while they settle to more stable coins.

If you didn't buy before the pump, better look for another opportunity, that one don leave you pass.

1 Like

Re: Crypto Currency Investors Thread by owunabastard: 6:06pm On Nov 20, 2023
Fastt:


I tend to avoid coins that have pumped alot. In most cases, once the pumpers take back their invested money plus your liquidity, they leave you to hold the bags while they settle to more stable coins.

If you didn't buy before the pump, better look for another opportunity, that one don leave you pass.



What of this coin $life Crypto...... I am suspecting it will do well due to its low marketcap
Re: Crypto Currency Investors Thread by GRACEGLORY: 7:22pm On Nov 20, 2023
GRACEGLORY:
Except BTC breaks below the $35.5k support, it’s bound for the $40K area


The trajectory is still up. I think.

2 Likes

Re: Crypto Currency Investors Thread by DaemoLee: 8:25pm On Nov 20, 2023
Fastt:


I tend to avoid coins that have pumped alot. In most cases, once the pumpers take back their invested money plus your liquidity, they leave you to hold the bags while they settle to more stable coins.

If you didn't buy before the pump, better look for another opportunity, that one don leave you pass.




Coin wey go return under $3
Re: Crypto Currency Investors Thread by Oyindamolah: 8:58pm On Nov 20, 2023
What is Stochastic Oscillator ?

The Stochastic Oscillator is a technical analysis tool used in the field of finance and financial markets. It was developed by George C. Lane in the late 1950s. The Stochastic Oscillator helps traders and analysts identify potential buy and sell signals based on the concept that as an asset's price increases, it tends to close near its high, and as it decreases, it tends to close near its low.

Here's how the Stochastic Oscillator works:

1. Calculation: It is typically calculated using two lines: %K and %D. The formula for the %K line is:

%K = (Closing Price - Lowest Low) / (Highest High - Lowest Low) * 100

The %D line is a smoothed version of %K and is usually a 3-period simple moving average of %K.

2. Overbought and Oversold Levels: The Stochastic Oscillator is displayed on a scale from 0 to 100. Traders often look at two critical levels:

- Overbought: Typically set at 80. When the %K line rises above this level, it suggests that the asset may be overbought, and a reversal or pullback may be imminent.

- Oversold: Typically set at 20. When the %K line falls below this level, it suggests that the asset may be oversold, and a potential upward reversal may occur.

3. Signal Generation: Traders look for crossovers and divergences between the %K and %D lines to generate buy or sell signals. Common signals include:

- Bullish Signal: When %K crosses above %D, it's considered a bullish signal, indicating that the price may be poised to rise.

- Bearish Signal: When %K crosses below %D, it's considered a bearish signal, suggesting that the price may be ready to decline.

4. Divergence: Divergences between the Stochastic Oscillator and the price trend can also provide valuable information. For example, if the price makes a lower low, but the Stochastic Oscillator makes a higher low, it could signal a potential bullish reversal.

5. Using Stochastic Oscillator with Other Indicators: Traders often use the Stochastic Oscillator in conjunction with other technical indicators to improve the accuracy of their trading decisions.

1 Like 1 Share

Re: Crypto Currency Investors Thread by Abdul4trust1(m): 9:34pm On Nov 20, 2023
imbless:

When a currency fall from 530/$ to 875 what is it called? Una go always find a way to twist the narrative!! Believe it or not, naira was devalued, when they announced it, they said that it would unify the official rate and the black market, we all can now see how unified both markets are.
lol, naira was the devalued prior now. Is it a currency only lose its value when devalued?
Re: Crypto Currency Investors Thread by toask111: 3:38am On Nov 21, 2023
Hotice085:



How did you acquire the Ethereum and when did the CBN EVER banned crypto trading?

I bought it through Luno back then.

I thought the Nigerian CBN banned/stop banks from allowing Nigerian use their account to trade crypto?
Re: Crypto Currency Investors Thread by DieRich5: 10:36am On Nov 21, 2023
I greet the house
Pls AliExpress still dy accept Nigeria card?
Re: Crypto Currency Investors Thread by Oyindamolah: 2:21pm On Nov 21, 2023
What is Bollinger Bands ?

Bollinger Bands are a popular technical analysis tool used to analyze the price volatility of a financial instrument, such as a stock, currency pair, or commodity. They were developed by John Bollinger in the 1980s and consist of three lines or bands on a price chart:

1. Middle Band (SMA): The middle band is a simple moving average (SMA) of the asset's price over a specified period, typically 20 periods. This band represents the average price and is the center of the Bollinger Bands.

2. Upper Band (Upper Bollinger Band): The upper band is calculated by adding a specified number of standard deviations (typically two) to the middle band. It represents the upper boundary or the upper level of expected price volatility.

3. Lower Band (Lower Bollinger Band): The lower band is calculated by subtracting a specified number of standard deviations (typically two) from the middle band. It represents the lower boundary or the lower level of expected price volatility.

The key features and uses of Bollinger Bands include:

- Volatility Measurement: Bollinger Bands expand and contract based on the price volatility of the asset. When the price experiences high volatility, the bands widen, and when volatility decreases, the bands contract. Traders use this feature to identify periods of high and low volatility.

- Overbought and Oversold Conditions: Bollinger Bands are often used to identify overbought and oversold conditions. When the price touches or exceeds the upper band, it may be considered overbought, indicating a potential reversal or pullback. Conversely, when the price touches or falls below the lower band, it may be considered oversold, signaling a potential upward reversal.

- Trend Identification: Bollinger Bands can help traders identify the direction of a trend. In an uptrend, the price tends to stay near the upper band, while in a downtrend, it tends to stay near the lower band. A sustained move outside the bands can indicate the strength of a trend.

- Support and Resistance: The upper and lower bands can also act as dynamic support and resistance levels. Traders look for price bounces off these bands as potential trading opportunities.

- Price Reversion: When the price moves outside the bands, it is often seen as an indication that the price may revert back inside the bands. Traders may use this information to make trading decisions.

Bollinger Bands are a versatile tool and can be used in various trading strategies. Traders often combine them with other technical indicators and analysis methods to make informed trading decisions. They provide valuable information about the current price volatility and potential price reversals, helping traders manage risk and identify trading opportunities.

1 Like

Re: Crypto Currency Investors Thread by Hotice085: 3:38pm On Nov 21, 2023
Oyindamolah:
What is Bollinger Bands ?

Bollinger Bands are a popular technical analysis tool used to analyze the price volatility of a financial instrument, such as a stock, currency pair, or commodity. They were developed by John Bollinger in the 1980s and consist of three lines or bands on a price chart:

1. Middle Band (SMA): The middle band is a simple moving average (SMA) of the asset's price over a specified period, typically 20 periods. This band represents the average price and is the center of the Bollinger Bands.

2. Upper Band (Upper Bollinger Band): The upper band is calculated by adding a specified number of standard deviations (typically two) to the middle band. It represents the upper boundary or the upper level of expected price volatility.

3. Lower Band (Lower Bollinger Band): The lower band is calculated by subtracting a specified number of standard deviations (typically two) from the middle band. It represents the lower boundary or the lower level of expected price volatility.

The key features and uses of Bollinger Bands include:

- Volatility Measurement: Bollinger Bands expand and contract based on the price volatility of the asset. When the price experiences high volatility, the bands widen, and when volatility decreases, the bands contract. Traders use this feature to identify periods of high and low volatility.

- Overbought and Oversold Conditions: Bollinger Bands are often used to identify overbought and oversold conditions. When the price touches or exceeds the upper band, it may be considered overbought, indicating a potential reversal or pullback. Conversely, when the price touches or falls below the lower band, it may be considered oversold, signaling a potential upward reversal.

- Trend Identification: Bollinger Bands can help traders identify the direction of a trend. In an uptrend, the price tends to stay near the upper band, while in a downtrend, it tends to stay near the lower band. A sustained move outside the bands can indicate the strength of a trend.

- Support and Resistance: The upper and lower bands can also act as dynamic support and resistance levels. Traders look for price bounces off these bands as potential trading opportunities.

- Price Reversion: When the price moves outside the bands, it is often seen as an indication that the price may revert back inside the bands. Traders may use this information to make trading decisions.

Bollinger Bands are a versatile tool and can be used in various trading strategies. Traders often combine them with other technical indicators and analysis methods to make informed trading decisions. They provide valuable information about the current price volatility and potential price reversals, helping traders manage risk and identify trading opportunities.


Why all this

4 Likes

Re: Crypto Currency Investors Thread by Oyindamolah: 4:53pm On Nov 21, 2023
Hotice085:


Why all this
So, you get educated.
Re: Crypto Currency Investors Thread by Hotice085: 5:43pm On Nov 21, 2023
Oyindamolah:
So, you get educated.


JJC
Body never tell you

3 Likes 1 Share

Re: Crypto Currency Investors Thread by seunmsg(m): 6:44pm On Nov 21, 2023
CZ pleads guilty to fraud! He’s stepping down as CEO of Binan.ce. The market is about to go down.
Re: Crypto Currency Investors Thread by emperornoble: 6:54pm On Nov 21, 2023
E don sup..this will be a bloody week

Re: Crypto Currency Investors Thread by Spandau: 7:10pm On Nov 21, 2023
seunmsg:
CZ pleads guilty to fraud! He’s stepping down as CEO of Binan.ce. The market is about to go down.

Kadoso Mutairu aka seunmsg!
Re: Crypto Currency Investors Thread by Siberia01(m): 7:15pm On Nov 21, 2023

CZ pleads guilty to fraud

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