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Crypto Currency Investors Thread - Investment (3832) - Nairaland

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Re: Crypto Currency Investors Thread by seanwilliam(m): 12:16pm On Aug 06
Another day to remind u that it’s more feasible to make 500$ in crypto than 500k offline grin

4 Likes

Re: Crypto Currency Investors Thread by Elsueno: 12:27pm On Aug 06
I see red I buy
I see green I sell

4 Likes

Re: Crypto Currency Investors Thread by doyin01: 12:49pm On Aug 06
When the crypto experts or whales say "sell " ..just buy

When the crypto experts or whales say "buy"..just sell.


Just do the opposite..

I do often make this statement on this thread and someone said it does not work that way all the time , but as for me , this kept working consistently for me for past six years now....

It is common sense , if I want to buy, I need people to sell to me...if I want to sell , I need people to buy from me....do not allow them use your money for liquidation...
Re: Crypto Currency Investors Thread by Biritiko: 1:05pm On Aug 06
Francis8999
K in knife !
Re: Crypto Currency Investors Thread by olig(m): 2:04pm On Aug 06
There is no loser right now cool
But many are selling right now. For instance BTC market cap is now down to $1.08xx trillion. I have no data/idea/analysis to show if they are taking their money out of cryto space or re-investing in alt coins. But the USDT market cap remains almost the same at about $114.5xx billion.

2 Likes

Re: Crypto Currency Investors Thread by GRACEGLORY: 3:14pm On Aug 06
GRACEGLORY:
Trading begins in the USA in about 13 minutes, they waking up to the shock of the market. Will they buy the dip, or shock-Sell


14:30


If they Shock-Sell, #BTC will touch the 48K-49k once more. If not, then, uptrend let's wait for their reaction



Americans at it again

1 Like

Re: Crypto Currency Investors Thread by GRACEGLORY: 3:14pm On Aug 06
GRACEGLORY:




Follow #BTC ascension with some real tight stop loss, to preserve gains. There's a revisit of the $53K in view, I can't tell how soon. Ensure tight stop loss.



Tight stop loss, don't jump out of the market.



But bare in mind.
Re: Crypto Currency Investors Thread by chival10: 3:29pm On Aug 06
Thank you.
Enyinne:
After reading all that he wrote ,u are still asking for trading strategy. Calm down ,go back and read it again . Buy big cap and DCA gradually. That's his strategy
Re: Crypto Currency Investors Thread by GRACEGLORY: 3:33pm On Aug 06
ALTs


If you don't have any of the L2 coins, OP, ARB, or STRK, you should have zkSync in your portfolio.

You need not many Coins, just 3-5 are ok.
Re: Crypto Currency Investors Thread by GRACEGLORY: 3:35pm On Aug 06
Elsueno:
I see red I buy

I see green I sell



When somebody says, "explain crypto trading to me as if I'm 5 years old "


Word up!
Simple trading tactic.

3 Likes

Re: Crypto Currency Investors Thread by Geopstar02: 4:28pm On Aug 06
Re: Crypto Currency Investors Thread by TopUpGold: 4:36pm On Aug 06
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Re: Crypto Currency Investors Thread by Robnectar(m): 5:02pm On Aug 06
Now playing; St. Tropez by j Cole




Lately, is been hard for me to smile, cool
Re: Crypto Currency Investors Thread by JoeClefAuthor(m): 5:13pm On Aug 06
I got banned for trying to post the content below, so I have to use screenshots to get it done. Continuation of REFLECTION JOURNAL.

6 Likes 4 Shares

Re: Crypto Currency Investors Thread by JoeClefAuthor(m): 5:13pm On Aug 06
The end of the post, but below is the crash candle.

3 Likes 1 Share

Re: Crypto Currency Investors Thread by JoeClefAuthor(m): 5:14pm On Aug 06
2020 crash monthly candle.

4 Likes 2 Shares

Re: Crypto Currency Investors Thread by twosquare(m): 5:19pm On Aug 06
iLegendd:
Save that image below and whenever you see that lady holding an empty pot, let it remind you how BTC emptied your pot of money on the 5th of August and how you can plan and manage your money better in years ahead to have a full pot.

Enshrine that image in your memory forever — it's a reminder of your pains and financial f*ckups.

Whenever you see it, it will trigger financial management in your brain and controls your impulses to be patient and not to buy at the wrong time, else, history will repeat itself.
I compared this dump to the January 3, 2024 dump. A day I will never forget. But that one was bad because of the amount liquidated. I think it led this one by a billion.
Re: Crypto Currency Investors Thread by Robnectar(m): 5:20pm On Aug 06
JoeClefAuthor:
2020 crash monthly candle.


Saw what nairaland bot did to u boss man,.. keep d work coming, no allow dat one stop u from posting 😎👍

4 Likes 1 Share

Re: Crypto Currency Investors Thread by twosquare(m): 5:24pm On Aug 06
Maybe 46k tongue tongue
GRACEGLORY:




Follow #BTC ascension with some real tight stop loss, to preserve gains. There's a revisit of the $53K in view, I can't tell how soon. Ensure tight stop loss.



Tight stop loss, don't jump out of the market.
Re: Crypto Currency Investors Thread by doyin01: 5:27pm On Aug 06
JoeClefAuthor:
I got banned for trying to post the content below, so I have to use screenshots to get it done. Continuation of REFLECTION JOURNAL.


You did well...amazing info.

4 Likes

Re: Crypto Currency Investors Thread by GRACEGLORY: 5:58pm On Aug 06
GRACEGLORY:
Until SOL tears through the $146, a revisit of $134 is in view.



Sol tearing through the $146. If sustained, then, $150-$165 is next

3 Likes

Re: Crypto Currency Investors Thread by seanwilliam(m): 6:20pm On Aug 06
Don’t know what to believe again grin

Re: Crypto Currency Investors Thread by JoeClefAuthor(m): 6:26pm On Aug 06
twosquare:
I compared this dump to the January 3, 2024 dump. A day I will never forget. But that one was bad because of the amount liquidated. I think it led this one by a billion.
I guess unmitigated over-leverage caused it.

The difference is 10k. From 48k down to 38k compared to this unfinished one we currently have. That is about 20% down, if we're using the percentage system used in my journal part 2 post.

It always goes by that percentage and sometimes, in haphazard order until it cumulates to about -70% (plus or minus).

This current one, the difference at at 22,000 or 25,000 so far. (70k to 48k = 22k or 73k to 48k = 25k).

So, na your leverage cause am. You wanted to play a smart game on the market. cheesy

3 Likes

Re: Crypto Currency Investors Thread by twosquare(m): 6:49pm On Aug 06
In fact...your eyes go clear...and you will say what just happened?

Too many positions opened was the major reason for my liquidation, and maybe leverage too. I have not tried leverage trading on crypto since then and till now. I said I wouldn't return until I get a proper education, which I have to some extent with trading forex and analysing/watching charts. Truly, experience and constant trading improve skill. Almost there...waiting for my crypto futures...for now, my focus is on forex and passing my prop firm challenge. It has exposed a lot regarding my strategy and leverage use.

And finally, better to bag my profits than see floating PNL reverse and hit my stop loss...so common in forex...and you start regretting why you don't just close the damn thing by yourself.

It's been months of lessons.

JoeClefAuthor:
I guess unmitigated over-leverage caused it.

The difference is 10k. From 48k down to 38k compared to this unfinished one we currently have. That is about 20% down, if we're using the percentage system used in my journal part 2 post.

It always goes by that percentage and sometimes, in haphazard order until it cumulates to about -70% (plus or minus).

This current one, the difference at at 22,000 or 25,000 so far. (70k to 48k = 22k or 73k to 48k = 25k).

So, na your leverage cause am. You wanted to play a smart game on the market. cheesy
Re: Crypto Currency Investors Thread by twosquare(m): 7:07pm On Aug 06
Warning!!

2 Likes

Re: Crypto Currency Investors Thread by Itsrm(m): 7:15pm On Aug 06
twosquare:
Warning!!

Where can I see comprehensive order book like this? Kucoin only displays a few.
Re: Crypto Currency Investors Thread by twosquare(m): 7:16pm On Aug 06
Itsrm:


Where can I see comprehensive order book like this? Kucoin only displays a few.

Cc. JoeClefAuthor

1 Like 1 Share

Re: Crypto Currency Investors Thread by twosquare(m): 8:56pm On Aug 06
Itsrm:


Where can I see comprehensive order book like this? Kucoin only displays a few.

Re: Crypto Currency Investors Thread by Fastt: 8:57pm On Aug 06
DaemoLee:


Agba writer don turn role model.

Even though it was copy pasted, at least some ppl bought the "book" here for 100usd. Just a vague idea of gaining survival skill.

Itsrm:


Where can I see comprehensive order book like this? Kucoin only displays a few.

I think coinglass has some of API for tracking some exchange datas. Like open long/short ratio, liquidation, etc. But nevertheless, you need to access over more than 1000exchanges , and not all offers an API endpoints, so comprehensive order book is very difficult to get/build. Since crypto is not regulated, you make use of the little or no data given to you.
Re: Crypto Currency Investors Thread by GRACEGLORY: 9:39pm On Aug 06
Just so you all know,


Instead of complaining about the flat price of CRV, the astute ones are actually taking advantage of them to get the OG of defi for pennies.

CRV now deflationary. If only you know what that means.
Re: Crypto Currency Investors Thread by Itsrm(m): 9:39pm On Aug 06
twosquare:


Thank you. Checked it out and the sub is p/m. Obviously not for afolabi traders like us.

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