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Crypto Currency Investors Thread - Investment (3763) - Nairaland

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Re: Crypto Currency Investors Thread by Usdtstaking: 8:18pm On Jul 03
twosquare:


That's because it's been programmed to do likewise (I meant altcoins).

Question: How fast can you sell a coin when you see BTC fall in price?

Can you do it manually or a programmed bot or script will be do it for you.

Who are those selling the most on altcoins when BTC price falls? Project creators or normal investors?

Final question: Why is it that despite BTC price falling badly sometimes, some few tokens' price just remain constant or don't give a shit...?

Discuss everyone...

You need to be running some supercomputer to achieve that. Even with that, it will be very hard since you still need to get information from platforms or crypto websites before you can decide whether to buy or sell. For example, if BTC dips sharply and you depend on Binance API to give you the information, the dip will have already occurred before Binance API sends the update to you. Whatever you did with the information received from the API is secondary.

For this question, Who are those selling the most on altcoins when the BTC price falls?, I used to wonder how those people could sell/buy so fast until I came across an article that somehow made sense to me. According to the article, any time there is a lot of sales due to dip or rise, it is not people selling or buying. It is liquidation happening right there. Exchanges are just liquidating people. They are just closing orders, which looks like people are doing that.

So, if you plan to buy or sell fast, I suggest you use a script. When using a script, since speed is important to you, consider using WebSocket since it gives you updates instantly. Then, your script can do whatever you want it to do based on the update it receive from the Websocket.

5 Likes 1 Share

Re: Crypto Currency Investors Thread by harry2sexy(m): 8:33pm On Jul 03
Usdtstaking:


You need to be running some supercomputer to achieve that. Even with that, it will be very hard since you still need to get information from platforms or crypto websites because you can decide whether to buy or sell. For example, if BTC dips sharply and you depend on Binance API to give you the information, the dip will have already occurred before Binance API sends the update to you. Whatever you did with the information received from the API is secondary.

For this question, Who are those selling the most on altcoins when the BTC price falls?, I used to wonder how those people could sell/buy so fast until I came across an article that somehow made sense to me. According to the article, any time there is a lot of sales due to dip or rise, it is not people selling or buying. It is liquidation happening right there. Exchanges are just liquidating people. They are just closing orders, which looks like people are doing that.

So, if you plan to buy or sell fast, I suggest you use a script. When using a script, since speed is important to you, consider using WebSocket since it gives you updates instantly. Then, your script can do whatever you want it to do based on the update it receive from the Websocket.


Websocket? Is it like an app or can i use it like the way one can use martingale script?
Re: Crypto Currency Investors Thread by benzene00: 8:36pm On Jul 03
GRACEGLORY:



Perhaps, another touch of the $59.5K area before full reversal.
nigga I know you are trying to keep everyone's hope alive and up, I appreciate that

But You need to tone down amount of hope you give folks here, you been screaming market gonna explode since bitcoin ETF,up till now nothing to show for it.

Most of the coins you have advised peeps here to put their money on have been total shit


Early this year you were Screaming MATIC;it has been shit so far
DOT;That one has been shit too

CRV ;currently going down to discover crude oil in sambia

ARB;the way you hyped this coin one would have thought by name it would have overtaken btc

OGGYINU;that one have already turned to dust in the Sahara desert.


I know you are always trying to keep folks positive in the market, but remember that FALSE hope is more dangerous than having no hope at all..

That's why I like iLegendd, He doesn't give unnecessary hype to the market cause he knows anything is bound to happen

8 Likes 1 Share

Re: Crypto Currency Investors Thread by SINisSIN(m): 8:43pm On Jul 03
People dey o….must you quote him? All the coins he hyped, they all pumped when he mentioned and hyped them.

Did he tell you to keep coins? When there is a call here, they give you entry, existing is your choice.

Stop discrediting him. Everyone can’t be prophet of doom screaming down down all the time. Allow him to express his positivity and whatever way he views the market abeg.

I don’t know about other coins he called but that crv, that coin pumped days after he mentioned it here.

benzene00:
nigga I know you are trying to keep everyone's hope alive and up, I appreciate that

But You need to tone down amount of hope you give folks here, you been screaming market gonna explode since bitcoin ETF,up till now nothing to show for it.

Most of the coins you have advised peeps here to put their money on have been total shit


Early this year you were Screaming MATIC;it has been shit so far
DOT;That one has been shit too

CRV ;currently going down to discover crude oil in sambia

ARB;the way you hyped this coin one would have thought by name it would have overtaken btc

OGGYINU;that one have already turned to dust in the Sahara desert.


I know you are always trying to keep folks positive in the market, but remember that FALSE hope is more dangerous than having no hope at all..

That's why I like iLegendd, He doesn't give unnecessary hype to the market cause he knows anything is bound to happen

7 Likes

Re: Crypto Currency Investors Thread by Siberia01(m): 8:46pm On Jul 03
grin

See menstruation grin

Boys up there just dey vex anyhow

4 Likes

Re: Crypto Currency Investors Thread by Klinxmanz(m): 8:55pm On Jul 03
iLegendd:
So obvious. This means you truly read the post. I'm planning to take it down soon and turn it to a book so that people will appreciate it because humans only pay attention when they pay.

To those who haven't read it, the link to read it before it goes down is below. I'm only trying to save you guys and nothing more. https://www.nairaland.com/8139680/tokenomics-token-unlock-after-reading

I came across a post of someone on this thread who bought W, the coin below, with $40,000.

If he had mastered this, he would've known better the game that is going on. Such a coin should only be touched in altseason.

I'm not attacking him, but begging him to be among the first to click that link above and read that post FAST and he'll be glad he did.

@Skylane, is this image below a good tokenomics?
Sir, pls don't be angry i stupidly quote u on the wrong thread but i have no choice sir than to ask 4 ur help about my mom's predicament. She currently very ill.
Re: Crypto Currency Investors Thread by Geekels: 9:24pm On Jul 03
Mehn
Re: Crypto Currency Investors Thread by Geekels: 9:26pm On Jul 03
benzene00:
nigga I know you are trying to keep everyone's hope alive and up, I appreciate that

But You need to tone down amount of hope you give folks here, you been screaming market gonna explode since bitcoin ETF,up till now nothing to show for it.

Most of the coins you have advised peeps here to put their money on have been total shit



Early this year you were Screaming MATIC;it has been shit so far
DOT;That one has been shit too

CRV ;currently going down to discover crude oil in sambia

ARB;the way you hyped this coin one would have thought by name it would have overtaken btc

OGGYINU;that one have already turned to dust in the Sahara desert.


I know you are always trying to keep folks positive in the market, but remember that FALSE hope is more dangerous than having no hope at all..

That's why I like iLegendd, He doesn't give unnecessary hype to the market cause he knows anything is bound to happen
Benzene where you from come out?
Go back to that hibernation, seems you forgot the meaning of DYOR.
You give am money to buy coin for you abi him chook hand for your pocket,

8 Likes

Re: Crypto Currency Investors Thread by Paykay: 9:30pm On Jul 03
.
Re: Crypto Currency Investors Thread by DrShomo: 9:36pm On Jul 03
benzene00:
nigga I know you are trying to keep everyone's hope alive and up, I appreciate that

But You need to tone down amount of hope you give folks here, you been screaming market gonna explode since bitcoin ETF,up till now nothing to show for it.

Most of the coins you have advised peeps here to put their money on have been total shit


Early this year you were Screaming MATIC;it has been shit so far
DOT;That one has been shit too

CRV ;currently going down to discover crude oil in sambia

ARB;the way you hyped this coin one would have thought by name it would have overtaken btc

OGGYINU;that one have already turned to dust in the Sahara desert.


I know you are always trying to keep folks positive in the market, but remember that FALSE hope is more dangerous than having no hope at all..

That's why I like iLegendd, He doesn't give unnecessary hype to the market cause he knows anything is bound to happen
And who d fvck are you, before I wipe u oraimo cordlipsrsealed

2 Likes

Re: Crypto Currency Investors Thread by DrShomo: 9:38pm On Jul 03
Geekels:

Benzene where you from come out?
Go back to that hibernation, seems you forgot the meaning of DYOR.
You give am money to buy coin for you abi him chook hand for your pocket,


Does he even know d meaning of NFA
Re: Crypto Currency Investors Thread by haleymoon: 9:58pm On Jul 03
KingofAces:


Bro have you gotten any feedbacks

Not yet, will update you as soon
Re: Crypto Currency Investors Thread by Usdtstaking: 10:00pm On Jul 03
harry2sexy:


Websocket? Is it like an app or can i use it like the way one can use martingale script?

No, it is just one of the methods of fetching information from a website. Binance supports it. You can use it to get information from Binance. Check their documentation page
Re: Crypto Currency Investors Thread by XaToXi: 10:05pm On Jul 03
twosquare:


That's because it's been programmed to do likewise (I meant altcoins).

Question: How fast can you sell a coin when you see BTC fall in price?

There are indicators for that. On trading view for instance, you can send buy and sell orders to your exchange based on indicators, scripts and strategies.

You can also set price alerts on different apps and trade manually.


Can you do it manually or a programmed bot or script will be do it for you.

You have to be glued 24/7 to the screen to be fast manually. Even at that, you can't be faster than a bot or script.



Who are those selling the most on altcoins when BTC price falls? Project creators or normal investors?

Normal investors, bots and liquidations.

The creators usually offload at ATH.


Final question: Why is it that despite BTC price falling badly sometimes, some few tokens' price just remain constant or don't give a shit...?



Discuss everyone...

Btc correlation at work

1 Like

Re: Crypto Currency Investors Thread by GRACEGLORY: 10:06pm On Jul 03
GRACEGLORY:



Perhaps, another touch of the $59.5K area before full reversal.

Welcome to the second touch of $59.5K area.
Here's where I expect reversal, except the market choose otherwise.

4 Likes 1 Share

Re: Crypto Currency Investors Thread by GRACEGLORY: 10:08pm On Jul 03
DrShomo:

And who d fvck are you, before I wipe u oraimo cordlipsrsealed


Please, ignore. Don't give attention

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Azaland: 11:19pm On Jul 03
twosquare:
...?

Final question: Why is it that despite BTC price falling badly sometimes, some few tokens' price just remain constant or don't give a shit...?[/b]


Discuss everyone...

There are many factors driving coin prices. If a coin is less speculative but of high quality utility which is on the rise in demand, you don't expect it to fall alongside btc and altcoins. For example, a Ndivia coin at this time will ignore btc crash.

Go for utility assets.
Re: Crypto Currency Investors Thread by pebbycougar(m): 11:21pm On Jul 03
Invite referral, 8023904232
join the opayforex,
tell a good news, be among the winning.
Opay.
Re: Crypto Currency Investors Thread by iLegendd(m): 2:32am On Jul 04
Money that will still be embezzled.

One of the reasons I always preach about having LOTS of alternative exchanges you're registered on. If it's China that is collecting this charge on our behalf, at least, we know it will be put into the society, but this one called the Nigerian govt.? No way! They'll steal it.

Kucoin will just lose users. Out of 100% Nigerians that have account with them, 95% will become inactive, including me.

Modified: They said it's only on transaction fee.

12 Likes 1 Share

Re: Crypto Currency Investors Thread by Alexas58: 7:34am On Jul 04
I don’t bliv in much talk!

But if this support doesn’t hold!

As it looks like something that won’t hold!

Get ready for more stew to eat with ur rice if you’re still holding coins!!!

The bull Market is over!


If u see btc at 58k

Then know that you’ve entered the bear market!



And you know what happens to altcoins?

The stew you’re eating now, party has not even started

A bigger pot of stew with atorodo is coming 😂😂😂😂😂


Shout out to the peeps keeping this thread going


Together we shine forever!

I’ll start filling my shirts on btc once it violates 58k

57900 is okay!

If it doesn’t break down to that region

Don’t start taking short positions oooo

Don’t say the sweetest boy that trades forex told u to short!

But start moving from bullish to bearish!

Mentality and psychology matters alot in this game

3 Likes

Re: Crypto Currency Investors Thread by twosquare(m): 8:27am On Jul 04
twosquare:
Well, I closed my long on Friday evening by providence (maintenance issue by prop firm)...I fear Monday lows...stop loss would have been hit. I share the same sentiments, looking at the chart. It hit the trend line I placed and bounced...still not trustworthy, but I expect a recovery tomorrow. I also think there is news this week. That should boost upward if positive. US GDP stuff, can't remember.

Any downward trend should be close to the EMA 200.

Must pass this challenge!

As stated in the post above, EMA 200 is hit. Learnt one thing, stay true to what you see sometimes (not all the time, though). Never allow the market to Messi you...I hope this holds. If not, may close by the weekend, but since we have more red during these weekdays, perhaps the market will be gracious enough to make this weekend green for us...maybe.

Eyes on UK general election.

If you followed my sentiment, you should be in little profits.

You can see the EMA 200 at the time of this screenshot in this reattached pic...sniper entry

1 Like

Re: Crypto Currency Investors Thread by Siberia01(m): 8:31am On Jul 04
cool
I will keep observing
Nothing is certain
Re: Crypto Currency Investors Thread by twosquare(m): 9:13am On Jul 04
Plotted this one on June 24 same time with BTC...let's see if my sentiment is right.

Thought it should have done this last month, same with BTC but well, it has been shifted to this month I think.

Re: Crypto Currency Investors Thread by Siberia01(m): 9:18am On Jul 04
grin
Wait till Americans wake up by 4pm and start panic selling
Re: Crypto Currency Investors Thread by Alexas58: 9:24am On Jul 04
Siberia01:
grin
Wait till Americans wake up by 4pm and start panic selling

Clown!

Why are you suddenly turning bearish?

U don’t even know shit about the American market

Today is 4th of July in America
Their independence

Market won’t open over there today!

3 Likes

Re: Crypto Currency Investors Thread by Alexas58: 9:26am On Jul 04
Siberia01:
cool
I will keep observing
Nothing is certain

U wake up and start posting rubbish
Mr observer

Show us trades you’ve taken for the last 2-3 months

1 Like 1 Share

Re: Crypto Currency Investors Thread by iLegendd(m): 9:35am On Jul 04
No matter what happens, we're not going below 56k this year. We can wick below it and instantly out. This is based on past research, but deep down, I want it to go as low as it can.

9 Likes 1 Share

Re: Crypto Currency Investors Thread by LandMann: 10:05am On Jul 04
If you are a newbie or inexperienced crypto trader please be careful risking your hard earned money during this period. Now that BTC has broken the $58.2k support, the next support is around $51.7k as seen in the screenshot below.

As a long term investors, don't attempt to catch a falling knife by buying too early (before the 51k region or before seeing the crypto fear index showing extreme fear).

Nobody advising you to buy early or risk your hard earned money in risky trading will rescue you when you lose your hard-earned money.

A word is enough for the wise.

3 Likes

Re: Crypto Currency Investors Thread by halealex: 10:27am On Jul 04
I will keep observing Nothing is certain. Talking about it I have switched to fokawa from binance you can Experience unmatched savings with the lowest fees in the market for all your trading needs. Visit https://www.fokawa.com/
Re: Crypto Currency Investors Thread by XaToXi: 10:32am On Jul 04
iLegendd:
No matter what happens, we're not going below 56k this year. We can wick below it and instantly out. This is based on past research, but deep down, I want it to go as low as it can.

Weekly support is 56k and monthly support is 54k.

Fingers crossed.
Re: Crypto Currency Investors Thread by Dundalk(m): 10:36am On Jul 04
iLegendd:
Money that will still be embezzled.

One of the reasons I always preach about having LOTS of alternative exchanges you're registered on. If it's China that is collecting this charge on our behalf, at least, we know it will be put into the society, but this one called the Nigerian govt.? No way! They'll steal it.

Kucoin will just lose users. Out of 100% Nigerians that have account with them, 95% will become inactive, including me.

Modified: They said it's only on transaction fee.
this transaction fee is going round based on my observations, others will follow,if not all..

Not only kucoi i think, just matter of days sha, let see..

1 Like

Re: Crypto Currency Investors Thread by Ojemedad: 10:44am On Jul 04
If BTC break your heart I swear nothing fit ever break your heart again

1 Like

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