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Crypto Currency Investors Thread - Investment (3803) - Nairaland

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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
IronCastle:


Na person wey still get
money dey accumulate



Sell big caps to accumulate low caps
Re: Crypto Currency Investors Thread by GRACEGLORY: 10:34pm On Jul 21
GRACEGLORY:



BTC still breaking out... Next target @68K


Hit

1 Like

Re: Crypto Currency Investors Thread by narite: 10:36pm On Jul 21
Fastt:
grin grin
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:
Started another short in another Bybit account. The other one is still there. Why the short? I want the market to pump, but failure to do that, I'll smile to the bank.

BTC shakara don too much. If to say na woman, I for don dump am since.

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:


I don't know why I project Bitcoin hitting $300k in the next 5 years.

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:


I don't know why I project Bitcoin hitting $300k in the next 5 years.

300k, is this possible?
Re: Crypto Currency Investors Thread by harry2sexy(m): 11:40pm On Jul 21
XaToXi:


First things first, don't use isolated margin when hedging. If you had used cross margin, you won't have this problem you are trying to solve.

Secondly, since you have just 2 trades and started both at almost the same price, you can enable that Auto Margin Addition to turn this to a pseudo cross margin so that profits from the long can buffer the short.

Thirdly, you can close the long at market top if you know where that is and wait for dump to close the short. Could be daily or weekly resistance to close long.

You can also close both in the middle and start afresh in cross margin mode.

When hedging, it's better to start longs at support, shorts at resistance, use cross margin and make sure that shorts are not as big as longs.

Since your short is bigger than your long, try and close at least half of it as soon as you get a good opportunity to avoid stories that touch.

To your main question, you need to know how to calculate and place stop loss (using ATR, R:R, etc) as this will enable you close the losing side on time and allow the winning side run.

More info on YouTube and Google.

PS: Avoid martingale for now. You need deep pockets for that.

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:


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

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:
Biden don spoil market
which market.
Lol
Re: Crypto Currency Investors Thread by iLegendd(m): 1:41am On Jul 22
grandstar:


I don't know why I project Bitcoin hitting $300k in the next 5 years.
Possible, but I would prefer if that happens in 1-2 halving ahead.
Re: Crypto Currency Investors Thread by Livewire5(m): 2:09am On Jul 22
Please can anyone help me with 100 airtime
It's really urgent please


08022 190 242
Airtel

Please
Re: Crypto Currency Investors Thread by leo047: 2:16am On Jul 22
Livewire5:
Please can anyone help me with 100 airtime
It's really urgent please


08022 190 242
Airtel

Please
WhatsApp call is available
Re: Crypto Currency Investors Thread by harry2sexy(m): 5:01am On Jul 22
XaToXi:


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.



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

Re: Crypto Currency Investors Thread by StrafordSTONES(m): 6:42am On Jul 22
StrafordSTONES:





This is gonna be my last post about Gas- pump in any platform be it telegram, twitter or even Nairaland.
How to print/earn Ton easily
1. Register on gas pump with the link below: https:///gasPump_bot/app?startapp=eyJyZWZfdXNlcl9pZCI6NTcyMzgwNDQ4N30
2. Link either your Ton wallet or Telegram Wallet for purchasing tokens
3. Stay active in the crypto space: understand trends and meme culture and buy coins in that regard
4. Sell when you make profits or wait for the token to migrate to dedust( a decentralized exchange)if you want to take a chance and see if the coins will do many Xs (Note before tokens migrate to Dedust, it will get to 34000 market cap or 1000 ton in other words the liquidity pool will be filled )
5. No 5 is an alpha, follow gas pump tv on Telegram; they usually notify when token’s liquidity pool on gas pump is full and migrating to Dedust. They also shill tokens they think the devs are legit and must definitely get to Dedust.
Disclaimer : this is not a financial advice
If you ever have difficulties opening gas pump mini app/bot, use V.p.n. Don’t fade.

Below is one of the trades I took … I’m out!



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

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:
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 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; upon clicking 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 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 whites; they can afford to lose their $50, $100 etc and not fear as much pain as you. Even if you never a moon bag of $100 and lose it, wrapping your head around it might change your moon.
But also 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 because you will there is no absolute right decision in here .

2 Likes

Re: Crypto Currency Investors Thread by Livewire5(m): 7:03am On Jul 22
leo047:
WhatsApp call is available
No data
Re: Crypto Currency Investors Thread by Alexas58: 7:36am On Jul 22
DaemoLee:


What u have been seeing since 2022 that u claimed the bull run has been on since is simply called 'Retracement'

Saying we are closing in on bears at this time when we have been in the "Bear market" all this while shows that u are a dunce and a total novice to the market u claim u are an expert of.

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:
Omorh
Change your supplier please.


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:
But did most alts see their menstrual cycle as you said?

You keep explaining yourself here and there. If you are good, you won't need to explain yourself. People would know.

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

Re: Crypto Currency Investors Thread by Alexas58: 7:45am On Jul 22
Siberia01:

Drop your usdt address let me send you $100

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:
Why you dey cry na😂😂calling mods to help you? Common! Retain the energy.


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:


If you won't drop analysis and trading history .

[/b]you're useless on this thread![b]

You've become a nuisance

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:


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!
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?

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