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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3769672 Views)
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Re: Crypto Currency Investors Thread by iLegendd(m): 10:27pm On Jul 21 |
Is this 68k price short position I took wrong? Yes and no. How? The price is an even number, which is good, but BTC is not at overbought on the 1 week and 1 month time frame. So, there is 60-70% chances of losing this trade, but I don't mind. Sometimes, a wrong trade can favor you more than a perfect one. If I'm to enter another short again, it must be at 74k, 78k or 82k (because they'll love to push it to 75k to increase hopium before dumping). I really pity these altcoins because if BTC sneezes to 60k, they'll bleed off 20-50% AGAIN! No be wahala be this? So, please, do take profit if BTC pumps today or tomorrow. Joe Biden quitting the race is good for crypto, but the manipulators will want to do something with it. 5 Likes |
Re: Crypto Currency Investors Thread by GRACEGLORY: 10:33pm On Jul 21 |
Re: Crypto Currency Investors Thread by GRACEGLORY: 10:34pm On Jul 21 |
1 Like
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Re: Crypto Currency Investors Thread by narite: 10:36pm On Jul 21 |
Fastt:Lol…The hardest financial skill is getting the goalpost to stop moving. |
Re: Crypto Currency Investors Thread by grandstar(m): 11:02pm On Jul 21 |
iLegendd: I don't know why I project Bitcoin hitting $300k in the next 5 years. |
Re: Crypto Currency Investors Thread by Tflex01: 11:13pm On Jul 21 |
If you are big you are big, no cap! United States of America carrying the entire world on its shoulder like it's nothing. 😆 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by Tflex01: 11:28pm On Jul 21 |
grandstar: That is just about X5 from here. Very possible. When we mention this kind of figures (eg 150k, 300k, 500k etc) some persons will say we are being too bogus but BTC has done more than X10 from the year 2020 low. And it will be easier for $BTC to do another X10 in the next 5 to 10 years with the current political and non political adoption. |
Re: Crypto Currency Investors Thread by Chingyyy878: 11:38pm On Jul 21 |
grandstar: 300k, is this possible? |
Re: Crypto Currency Investors Thread by harry2sexy(m): 11:40pm On Jul 21 |
XaToXi: This thing don do further maths😂😂😂😂. Alright, let me be serious. I feel like market will be market, as at when i took that trade, from the 24hr chart, the candle of the previous days had been lower lows, i am not in a hurry. So i favoured the short than the long, that's why on the short, i used $8 and 100% would be +$8 PNL while i used $4 on the long, so if the market chooses to go up, PNL would then be -$4. But my question actually was can i then use $16 to short the market, so that i get a higher entry position and a higher liquidation zone while the long of +$4 is now probably on +$5 PNL, thereby breaking even on the short and taking profit on the long? I just hope i made sense, NL needs to add that vn option cos even me sef don confuse. Thank you for your input though, i appreciate |
Re: Crypto Currency Investors Thread by XaToXi: 12:25am On Jul 22 |
harry2sexy: If you have $16 you can afford to lose, you can add extra $5 shorts at 43.5, 44.5, and 49 resistance areas. That should bring your AVG price to about $43+ . To increase your liquidation price in isolated mode, you will need to add extra usdt as margin without shorting. Your liquidation price should be above 66.5 to be safe. The decision on what to do is totally yours but left to me, rather than increase the size of the short, I'll just add extra usdt as auto margin to take the liquidation price above 66.5 or even 77, then wait till 65+ to dca another short. #NFA. 1 Like |
Re: Crypto Currency Investors Thread by Babalakin(m): 12:42am On Jul 22 |
santos123:which market. Lol |
Re: Crypto Currency Investors Thread by iLegendd(m): 1:41am On Jul 22 |
grandstar:Possible, but I would prefer if that happens in 1-2 halving ahead. |
Re: Crypto Currency Investors Thread by Livewire5(f): 2:09am On Jul 22 |
Re: Crypto Currency Investors Thread by leo047: 2:16am On Jul 22 |
Livewire5:WhatsApp call is available |
Re: Crypto Currency Investors Thread by harry2sexy(m): 5:01am On Jul 22 |
XaToXi: Hmmmmmmmmmmmmm, this should work, thanks boss 2 Likes |
Re: Crypto Currency Investors Thread by StrafordSTONES(m): 6:22am On Jul 22 |
Hello my crypto fam, I want to rant small: How do y’all manage the pain of failed expectations and unrealized profits? Yesterday I was up about $242 on one meme coin, I had taken out capital and tried to believe the narrative maybe it will blow and do more numbers… left to hangout and in a few minutes when I checked the coin it was now worth $61;before I could click sell, I realized only $35. It changed my mood for the rest of the evening. This is especially sad when you make your conversions to naira : How the f do I leave #310000 naira on the table just like that ? Same happens when you lose money too and check the equivalent in naira . I think maybe it’s the currency difference that make major wins in crypto to be recorded by mostly whites; they can afford to lose their $50, $100 etc and not feel as much pain as you. Even if you leave a moon bag of $100 and lose it, wrapping your head around it might change your mood. However when you try to double-think it, you will also find out that you can’t make that life changing money on Crypto if you keep selling for 1x, 2x … imagine someone gave you $popcat at 1m market cap and you sell at 2m, how will you make life changing gains? $popcat is now worth $1 billion Mc. I guess the best thing to do is develop psychological mechanisms that will manage your emotions (sadness) because you will always be…there is no absolute right decision in here . 6 Likes 1 Share
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Re: Crypto Currency Investors Thread by StrafordSTONES(m): 6:42am On Jul 22 |
StrafordSTONES: Someone told me the gaspump link is not opening in browser(s) : try copying the link and pasting it in another app, maybe notes, telegram or WhatsApp and click from there. You are still early, you can still print! https:///gasPump_bot/app?startapp=eyJyZWZfdXNlcl9pZCI6NTcyMzgwNDQ4N30
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Re: Crypto Currency Investors Thread by SINisSIN(m): 6:45am On Jul 22 |
Most traders that make it big in crypto are majorly investors and some futures traders. Day trading will hardly give you that money you are looking for. If you want big money, you need to invest (know the coins you are investing in) or learn futures trading where you can be parking money on long and short. I bought Sol around $80, I have enough profit there now but I definitely know SOL will surpass 250 soon and I will sell off same to other coins I’m holding and I have spare money I use for normal trading which if I see $20,$50 profit I sell off and move on to next. I think HOLDERS earn more profit but then it defends on your entry. StrafordSTONES: 2 Likes |
Re: Crypto Currency Investors Thread by Livewire5(f): 7:03am On Jul 22 |
Re: Crypto Currency Investors Thread by Alexas58: 7:36am On Jul 22 |
DaemoLee: Quote me wrong you cunt! I have your time now. The bull run started November 2022! When btc hit 15k and coudnt go lower anymore! By Feb 2023… I already started calling the bull run! As btc broke above it 200 day moving average! |
Re: Crypto Currency Investors Thread by Alexas58: 7:38am On Jul 22 |
SINisSIN: Keep displaying ur stupidity for all to see! I’ll keep matching ur energy! As long as I have data to come online You’ll turn to a wailer very soon! Analysis u no fit drop Trading history you no fit drop! Airdrop you no dey farm! Of what economic importance are you on this thread? |
Re: Crypto Currency Investors Thread by Alexas58: 7:43am On Jul 22 |
OgogoroFreak: I’ll be nice to you this first time, as this is your first time of quoting me! Look at Pepe price as at 17th June 2024…it was trading at about 0.01347 By 8th of July it hit about 0.00789! That means it lost about 50% of its value in less than 3 weeks! Is that not bleeding? If you had invested 1500 in that coin by the next 3 weeks you could have been by almost 700$ in your portfolio… I’m sure that’s what you like! The type of bleeding you’re looking for is not the type of ftt or Luna! This happens only when the bear market is fully activated! It has not yet activated, when it activates fully, you’ll see the type of Luna and FTT type of death! 2 Likes
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Re: Crypto Currency Investors Thread by Alexas58: 7:45am On Jul 22 |
Siberia01: Use it and buy prop firm account so that people would see how good you are… I personally think you’re a very good trader ! But you’re hiding it 1 Like |
Re: Crypto Currency Investors Thread by Alexas58: 8:30am On Jul 22 |
SINisSIN: If you won't drop analysis and trading history . you're useless on this thread! You've become a nuisance |
Re: Crypto Currency Investors Thread by SINisSIN(m): 8:46am On Jul 22 |
As useless as your parents for birthing a retarded hopeless scammer. 10 naira c***d could have helped us avoid this mentally unstable jealousy fool. No thanks to your father! While you keep wailing for analysis which you will wait for, forever. If you drop any useless analysis here, I will still be first to mention you. So it is me and you here. Get it clear. Now, do have a good day and hopefully your $100 will give you luck today that’s if you have not been liquidated to hell already. Alexas58: 1 Like |
Re: Crypto Currency Investors Thread by Alexas58: 8:54am On Jul 22 |
Bob Marley and the 7 wailers |
Re: Crypto Currency Investors Thread by santos123(m): 9:36am On Jul 22 |
How high can we go in this current run? I just want to close every trade and wait for September dip. |
Re: Crypto Currency Investors Thread by sweetveek(m): 10:39am On Jul 22 |
Alexas58:what is the current price of pepe you used here as example? 0.000013 Same 50% lost, same 50% recovered. Since you claim we're in bear, are you saying from this bt.c current price(67k), we'll see below 53k before we see 74k? 2 Likes 1 Share |
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