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Crypto Currency Investors Thread - Investment (3764) - Nairaland

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Re: Crypto Currency Investors Thread by twosquare(m): 10:49am On Jul 04
Best time to look at your EMA indicator if you want to LONG long-term, now that the market is red, for accurate interpretation.
Re: Crypto Currency Investors Thread by twosquare(m): 10:53am On Jul 04
twosquare:
Best time to look at your EMA indicator if you want to LONG long-term, now that the market is red, for accurate interpretation.


Any reversal should hit 59,046 for 200 EMA and possibly bounce back if it gets rejected...

Or go past that and hit 65,683 for EMA 50.


Keeping this for future reference for my trades...
Re: Crypto Currency Investors Thread by Hedonisco: 11:17am On Jul 04
Dundalk:
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..

Could this then be a precursor to the government lifting the limitations on crypto transactions? Let them kuku revert to the old order when one could easily buy and sell via regular bank channels without needing p2p. The VAT is a small price to pay for the convenience.

1 Like

Re: Crypto Currency Investors Thread by TrennixGLOBAL: 11:19am On Jul 04
Now this is the kind of news that hurts me which I usually warn people about and the kind of news the market manipulators love to see.

(these losses happened just this morning.)

I hope you weren't caught in this liquidity money collection.

You might lost just a $100 on ur long trade to this and say it doesn't matter but it does matter to them fvcking manipulators.

Re: Crypto Currency Investors Thread by Hedonisco: 11:22am On Jul 04
If not that I have a long term investment outlook to btc and the few alts I'm playing around with, I would have been shitting in my pants now with this unabating bloodbath. Imagine sinking some heavy block into btc when it was almost ath ($72k-ish), coupled with the fact that Dollar to Naira itself was at almost ath ($1 - N1800) at that same time. Lol.

Thank God for DCA, and for the ability to withstand the present and aim for the future.

5 Likes 1 Share

Re: Crypto Currency Investors Thread by TrennixGLOBAL: 12:18pm On Jul 04
Hedonisco:
If not that I have a long term investment outlook to btc and the few alts I'm playing around with, I would have been shitting in my pants now with this unabating bloodbath. Imagine sinking some heavy block into btc when it was almost ath ($72k-ish), coupled with the fact that Dollar to Naira itself was at almost ath ($1 - N1800) at that same time. Lol.

Thank God for DCA, and for the ability to withstand the present and aim for the future.

This knowledge you have right here will surely make you survive any red blood period or any kind of phase in any financial markets in the world apart from crypto. Others need to learn this.

Your last paragraph is all any trader would need & I like those first words at the top "long term investment outlook ".

1 Like 1 Share

Re: Crypto Currency Investors Thread by LincolnOnyeabor: 12:59pm On Jul 04
The whales above are on a roll!!

What happens to the small guys like us

Read somewhere that Mt. Gox will be releasing over $9Billiok worth of BTC to its Customers and Investors and it's going to start from this July and run through till October or thereabouts.

Certainly, BTC will still dump some more.

cry cry cry cry cry
Re: Crypto Currency Investors Thread by IyaTola: 1:03pm On Jul 04
Dear KuCoin User,
We are writing to inform you of an important regulatory update that impacts our users from the Republic of Nigeria. Starting from July 8th, 2024, we will begin collecting a Value-Added Tax (“VAT”) at a rate of 7.5% on transaction fees in each trade for users whose KYC information is registered in Nigeria.

Example Calculation:

Transaction: Buy 1,000 USDT worth of BTC
Fee: 1 USDT (0.1% fee rate)
Tax: 0.075 USDT (7.5% of the fee)
Net Amount for Transaction: 998.925 USDT

Please note that the VAT will be applied to the transaction fees in each trade, not the transaction amount, and covers all transaction types on KuCoin platform.

If you have any questions or need further assistance, please join our Telegram Group, or contact our Online Support Team. We are here to provide you with more assistance and guidance. Thank you for your cooperation and understanding.

Regards,

1 Like

Re: Crypto Currency Investors Thread by jasp12(m): 1:52pm On Jul 04
[quote author=Postmusic post=130770856][/quote]

Highly reliable trade on athene coins.
Re: Crypto Currency Investors Thread by GRACEGLORY: 1:57pm On Jul 04
GRACEGLORY:



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


As the few of us who were watching must have observed, the $59.5K was touched twice and reversed; nevertheless, a rejection on the second reversal caused the current slump in the price of BTC. However, something had happened, and the range that was formerly 58K–72K is now wider (55K-72K). if Bitcoin doesn't regain the 58K region earlier, it would be an open doorway to the 55K region.
Re: Crypto Currency Investors Thread by nna777: 2:03pm On Jul 04
We’re going lower people. 42k - 50k range July through to August.

We’re still in a bull market by the way. We need to build a strong market structure and base for the second leg up.

2 Likes

Re: Crypto Currency Investors Thread by sweetveek(m): 2:05pm On Jul 04
Hedonisco:
If not t
Thank God for DCA, and for the ability to withstand the present and aim for the future.
imagine someone holding upto 7 coins in their portfolio,how will they dca on all when they don't even know the bottom yet, your dca price might just be the new resistance cheesy cheesy
Re: Crypto Currency Investors Thread by Siberia01(m): 2:08pm On Jul 04
cry
Re: Crypto Currency Investors Thread by iLegendd(m): 2:09pm On Jul 04
Even though August-September was the month I claimed I'll bag my best buy, I'm about to sell Chinedu's house to buy ETH at 3k. If it dares go to 2.5k, then I'll long like mad man.

Let me reread some Warren Buffet's quotes.

7 Likes 2 Shares

Re: Crypto Currency Investors Thread by Elliotwaveforec: 2:31pm On Jul 04
No 48k, no closing!

That stupid girl called Doyin and her fellow morons and zombies, should continue buying, following their masters's prediction that price wouldn't break 56k.

E go break and even rest! In fact 36K is where it's not going to break to signal the end of the corrective wave on the weekly chart.

So when it touches my TP at 48k, it may even drop further to 39k.

Re: Crypto Currency Investors Thread by Tflex01: 2:35pm On Jul 04
My aggressive DCA on $ETH and $SOL continues. cool

WAGMI

Re: Crypto Currency Investors Thread by Hedonisco: 2:40pm On Jul 04
sweetveek:
imagine someone holding upto 7 coins in their portfolio,how will they dca on all when they don't even know the bottom yet, your dca price might just be the new resistance cheesy cheesy

My brodaaa. This is not a poor man's sport. Nor a get rich quick scheme. You just have to have available liquidity abi dry powder handy at all times.
Re: Crypto Currency Investors Thread by Hedgefunds: 2:41pm On Jul 04
iLegendd:
Even though August-September was the month I claimed I'll bag my best buy, I'm about to sell Chinedu's house to buy ETH at 3k. If it dares go to 2.5k, then I'll long like mad man.

Let me reread some Warren Buffet's quotes.


Why ETH and not BTC itself.
Re: Crypto Currency Investors Thread by iLegendd(m): 2:44pm On Jul 04
Hedgefunds:



Why ETH and not BTC itself.
Lol

BTC has been the boss since December 2022. It's almost time for his son, ETH, to take over. Don't worry, in 2025, you'll understand what I mean.

4 Likes

Re: Crypto Currency Investors Thread by seanwilliam(m): 2:48pm On Jul 04
Like wetin be this again nitori olounoba…
Who threw ballistic missile in the crypto market ..
Omo this is very unfair o ,
Rabbit hole,
Walai this market really get me for mind . Na me e target embarassed
Re: Crypto Currency Investors Thread by narite: 3:39pm On Jul 04
nna777:
We’re going lower people. 42k - 50k range July through to August.

We’re still in a bull market by the way. We need to build a strong market structure and base for the second leg up.
If BTCc goes below $52k, you can forget the Bull Market until the next halving event.
Re: Crypto Currency Investors Thread by Dundalk(m): 4:06pm On Jul 04
seanwilliam:
Like wetin be this again nitori olounoba…
Who threw ballistic missile in the crypto market ..
Omo this is very unfair o ,
Rabbit hole,
Walai this market really get me for mind . Na me e target embarassed
grin

You always funny.. grin

3 Likes

Re: Crypto Currency Investors Thread by Hedgefunds: 4:15pm On Jul 04
seanwilliam:
Like wetin be this again nitori olounoba…
Who threw ballistic missile in the crypto market ..
Omo this is very unfair o ,
Rabbit hole,
Walai this market really get me for mind . Na me e target embarassed

Is it that you don't LOOK AT YOUR CHART OR WHAT?
THE MARKET HAS FORMED A DOUBLE TOP FOR WEEKS , THIS BLOOD SHOUD NOT BE A SURPRISE TO TRADER.
[/quote]

3 Likes

Re: Crypto Currency Investors Thread by Hedgefunds: 4:24pm On Jul 04
How does margin or loan works
Re: Crypto Currency Investors Thread by Tflex01: 4:28pm On Jul 04
Hedgefunds:


Is it that you don't LOOK AT YOUR CHART OR WHAT?
THE MARKET HAS FORMED A DOUBLE TOP FOR WEEKS , THIS BLOOD SHOUD NOT BE A SURPRISE TO TRADER.

So did you short the market with all your funds??

We are all speculators bro.

6 Likes

Re: Crypto Currency Investors Thread by Hedgefunds: 4:46pm On Jul 04
Tflex01:


So did you short the market with all your funds??

We are all speculators bro.


I don't short. New to crypto but intend to go long just to divert asset from naira...waiting for btc at 30-40 range to fully buy..
Re: Crypto Currency Investors Thread by Hedgefunds: 4:48pm On Jul 04
iLegendd:
Lol

BTC has been the boss since December 2022. It's almost time for his son, ETH, to take over. Don't worry, in 2025, you'll understand what I mean.

Looking at the chart 1800-2,500 seems to be the value zone...
Re: Crypto Currency Investors Thread by khalling2008: 4:52pm On Jul 04
Please as a novice in cryptocurrency, what will happen to those coins that go down more than their initial level on the chart? Because if btc go down to 49k what will happen to other coins too?
Re: Crypto Currency Investors Thread by Siberia01(m): 4:54pm On Jul 04
khalling2008:
Please as a novice in cryptocurrency, what will happen to those coins that go down more than their initial level on the chart? Because if btc go down to 49k what will happen to other coins too?
grin
Re: Crypto Currency Investors Thread by santos123(m): 4:58pm On Jul 04
khalling2008:
Please as a novice in cryptocurrency, what will happen to those coins that go down more than their initial level on the chart? Because if btc go down to 49k what will happen to other coins too?
😂 it will vanish

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