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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3838219 Views)
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Re: Crypto Currency Investors Thread by XaToXi: 6:13pm On Aug 07 |
Hedgefunds: Simply click on repay to return their $2000 and get your btc back. |
Re: Crypto Currency Investors Thread by Hedgefunds: 6:16pm On Aug 07 |
XaToXi: I think so . Was worried ..even the Eth3L I bought is down. |
Re: Crypto Currency Investors Thread by twosquare(m): 6:37pm On Aug 07 |
Chikacha:You can use the 'health' keyword to search her page. It is one sickness like that you go fear the name. Can't remember. |
Re: Crypto Currency Investors Thread by Siberia01(m): 6:48pm On Aug 07 |
Rumors of war 1 Like |
Re: Crypto Currency Investors Thread by Robnectar(m): 7:07pm On Aug 07 |
: |
Re: Crypto Currency Investors Thread by Clement1111(m): 7:31pm On Aug 07 |
bought sol top again 5 Likes |
Re: Crypto Currency Investors Thread by Chikacha: 7:57pm On Aug 07 |
Hedgefunds: Oh I see what you mean, check if you received any 619 or 2000 USDT in any of your accounts? They held your BTC for USDT , your BTC is now a collateral this is why you don't see it. If you change your mind about the loan, click repay and give it back then your BTC will appear. if you choose to continue with this loan, at 48k they will liquidate you. |
Re: Crypto Currency Investors Thread by Icecream4U(m): 8:15pm On Aug 07 |
Chikacha:You mean he will be liquidated if btc touch $48k? Which means all the btc he used as collateral is gone or just the amount he borrowed plus interest? 2 Likes |
Re: Crypto Currency Investors Thread by Chully01(f): 8:25pm On Aug 07 |
So dem dey collect LAPO for crypto 7 Likes |
Re: Crypto Currency Investors Thread by sweetveek(m): 8:34pm On Aug 07 |
Chully01:Palmpay loan for crypto 5 Likes |
Re: Crypto Currency Investors Thread by Chikacha: 8:43pm On Aug 07 |
Icecream4U: Both. When It happened to me, the money they gave me as loan got liquidated on my margin, they took the collateral... so I had zero. Cause even before I started trading the collateral was gone, I could not see it...They held on to it so when I failed, I went and covered myself with blanket in my bed. 15 Likes 4 Shares |
Re: Crypto Currency Investors Thread by SINisSIN(m): 9:02pm On Aug 07 |
😂😂😂 Chikacha: 3 Likes |
Re: Crypto Currency Investors Thread by Chully01(f): 9:02pm On Aug 07 |
sweetveek: Wahala 1 Like 1 Share |
Re: Crypto Currency Investors Thread by Robnectar(m): 9:07pm On Aug 07 |
Re: Crypto Currency Investors Thread by Robnectar(m): 9:08pm On Aug 07 |
Chikacha: 2 Likes |
Re: Crypto Currency Investors Thread by Chikacha: 9:14pm On Aug 07 |
SINisSIN: It's funny now but it was not then. 5 Likes |
Re: Crypto Currency Investors Thread by Chikacha: 9:15pm On Aug 07 |
Robnectar:So we nor get anymore choice than to make am for crypto. Na beg I dey beg. 1 Like |
Re: Crypto Currency Investors Thread by Robnectar(m): 9:38pm On Aug 07 |
Chikacha: Few weeks back I just decided to abandoned my bynance and start operating on new exchange, And I just wan dey execute new plans for spot before dis sunami started, they just wiped off my $50 3 Likes |
Re: Crypto Currency Investors Thread by IronCastle(m): 10:34pm On Aug 07 |
sheanzy: |
Re: Crypto Currency Investors Thread by IronCastle(m): 10:39pm On Aug 07 |
iLegendd: The person behind that account is Robnectar Always looking for the easy way 2 Likes |
Re: Crypto Currency Investors Thread by AngelSlay: 10:53pm On Aug 07 |
$XRP lawsuit is settled! The SEC asked for more than a billion in fines, but they only need to pay $125 million. Big victory for Ripple and crypto. 2 Likes |
Re: Crypto Currency Investors Thread by Chikacha: 10:59pm On Aug 07 |
Robnectar: That Margin call is always at midnight. Since 2 years now I never try any loan oo. 3 Likes |
Re: Crypto Currency Investors Thread by AngelSlay: 11:02pm On Aug 07 |
Using BTC as leverage for a crypto loan means: 1. Collateralization: You pledge your BTC as security for the loan. 2. Loan disbursement: The lender provides you with a loan in a different cryptocurrency or fiat currency. 3. Interest accrual: You pay interest on the loan, usually in the borrowed currency. 4. Repayment: You repay the loan, plus interest, to the lender. 5. BTC return: If you repay the loan, the lender returns your pledged BTC. 6. Liquidation risk: If you default on the loan, the lender can liquidate (sell) your pledged BTC to recover their losses. Example: - You borrow 10,000 USDT (Tether) using 1 BTC as leverage (collateral). - You receive 10,000 USDT and agree to repay 11,000 USDT (including 1,000 USDT interest). - If you repay the loan, the lender returns your 1 BTC. - If you default, the lender can sell your 1 BTC to recover their losses. Keep in mind that crypto loans can be risky, and market fluctuations may affect the value of your collateralized BTC. Always carefully review loan terms and conditions before borrowing. Hedgefunds: 1 Like |
Re: Crypto Currency Investors Thread by AngelSlay: 11:03pm On Aug 07 |
Robnectar:You don too loose money for crypto. 1 Like |
Re: Crypto Currency Investors Thread by Hedgefunds: 11:10pm On Aug 07 |
[quote author=AngelSlay post=131390462]Using BTC as leverage for a crypto loan means: Thank you very much. I will Paying back next week just dont want to miss out on ETH at 2300, My goal is to rePay back and when ETH fall to 1800 borrow again then Pay back.. Do you think this loan is better than going 10x leverage ... When will you advice i use 10x leverage...CaPital is not an issue... 1 Like |
Re: Crypto Currency Investors Thread by seanwilliam(m): 7:09am On Aug 08 |
AngelSlay: Dem go comot the loan and return the balance , Abi dem go chop everything ? 1 Like |
Re: Crypto Currency Investors Thread by GRACEGLORY: 7:34am On Aug 08 |
GRACEGLORY: Even though it may get more uptrend.... There's still unfinished business below 5 Likes 1 Share
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Re: Crypto Currency Investors Thread by Robnectar(m): 8:39am On Aug 08 |
AngelSlay: I just dey hold dey go,.. ahswear u know |
Re: Crypto Currency Investors Thread by Robnectar(m): 8:41am On Aug 08 |
Chikacha:Have been on my knees since d end of the last bullrun,.. 1 Like |
Re: Crypto Currency Investors Thread by XaToXi: 9:05am On Aug 08 |
Hedgefunds: A. If btc gets to 48k before the next week you plan to pay, kiss your btc goodbye. They will sell it at 48k to recover the money they loaned you because they will be at a loss below 48k btc. B. Compare A&C C. The short answer is never. 10x is never advisable. That doesn't stop people from using it though. In the last dip, even those using 2x leverage were wiped out. Btc dumped +30% (3x leverage max recommended) and Eth dumped +41% (2x leverage max recommended) from Trump's speech. Most meme coins dumped +40% in a day and are over 90% from ATH. Even if you are going to be using high leverage for such, it has to be with stop loss or in isolated mode. Since capital is not your problem, you don't need leverage to be very honest. Just play in spot with peace of mind. The only other time you can use leverage as a whale is if you don't want to keep all your funds on an exchange. You keep 90% on cold wallet and open a leveraged position with 10% on an exchange, knowing fully well that you have the resources to pay off should a crash happen, if you are fast enough. 2 Likes |
Re: Crypto Currency Investors Thread by Luckyss(m): 10:32am On Aug 08 |
iLegendd:Boss is there any thread for trading gift cards? Or the best app to trade gift cards. I have Googled it but I'm still confuse 1 Like |
Re: Crypto Currency Investors Thread by Humphery09(m): 10:35am On Aug 08 |
Luckyss:use Nosh or Cardtonic apps 1 Like |
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