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Re: Crypto Currency Investors Thread by Nobody: 9:34am On Jan 26, 2021 |
TheEnlightenedO:Here so you see i mean what i said
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Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 9:36am On Jan 26, 2021 |
afroxyz: I’m angling more towards the 27k range hopefully it dips around there so I can hop back in heavy in anticipation for 45-50k |
Re: Crypto Currency Investors Thread by Nobody: 9:37am On Jan 26, 2021 |
TheEnlightenedO:i tried to use it but couldnt so i just sold directly |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 9:39am On Jan 26, 2021 |
bradwilli: You’re selling using the express sell button that’s why you’re getting charged that premium price. Sell off the exchange directly. See the second secreenshot and use the sell button off the exchange. If your change isn’t on ur home page,go to settings & find make zchange my home. And use the exchange sell button and select limit orders. 4 Likes 1 Share
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Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 9:39am On Jan 26, 2021 |
bradwilli: Then you’re the architect of your own charges fam |
Re: Crypto Currency Investors Thread by Nobody: 9:45am On Jan 26, 2021 |
TheEnlightenedO:Yes i have but when i want to use the stop order or limit order. I try to set it to my limit but then it refuses to go beyond the sell option. The figures i would intend to sell will then be reduced automatically. How is it used chief? |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 9:49am On Jan 26, 2021 |
bradwilli: Omo lno has saved me millions in fees, you are doing it wrong I’m sure... I’d give a practical example, qoin base charges me over 140 usd to make bank deps of 10k usd, lno charges me 300 NGN to dep & an extra 0% to load & buy 40k usd in NGN equivalent 2 Likes |
Re: Crypto Currency Investors Thread by DenreleDave(m): 9:50am On Jan 26, 2021 |
TheEnlightenedO: Pls explain better... If someone sell using the sell on the exchange button, where will the fund go to? Naira acct or where? Is this correct? Image below Cc: jedisco TheEnlightenedO 1 Share
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Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 9:56am On Jan 26, 2021 |
bradwilli: I have only used the stop limit once, I personally prefer manually inputting limit orders. For example i want to dump eth right now, I’d simply go on the order book and select sell, then click limit order, and enter a price like 650,495 because my order would be the lowest sell price and would get picked up faster, usually if I’m selling bulk, I always alter my price, if it drops from 650 to 649, I’d alter my 650,495 sell order to 649 sumthn cuz I’m tryn to dump & keep my order on top bt I only do this when it’s past my target say my target was 648k and it hit 649/650, I wouldn’t mind altering a couple hundred just to dump fast, it’s almost same as the stop limit cuz on stop limit I’d have simply put 650k & 648k as the stop limit but I prefer doing it manually cuz it’s fun for me especially cuz I think of it like a game. 4 Likes 1 Share
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Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 9:56am On Jan 26, 2021 |
DenreleDave: Correct button, it goes straight to your NGN acct, you can buy any other qoin with it immediately |
Re: Crypto Currency Investors Thread by DenreleDave(m): 9:58am On Jan 26, 2021 |
What's the difference BTW these? Limit, market and stop limit. How do they function?? Cc: jedisco TheEnlightenedO:
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Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 9:58am On Jan 26, 2021 |
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Re: Crypto Currency Investors Thread by DenreleDave(m): 9:59am On Jan 26, 2021 |
TheEnlightenedO: Wow... Great ooo.. Luno has been killing me with charges ooooo... Chaiiiiiiii |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 10:00am On Jan 26, 2021 |
jedisco: Very true, I learnt the hard way never to go all in at one single price. 1 Like |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 10:01am On Jan 26, 2021 |
solreb: My Beloved XR... Got in today at 129.8, let’s see how we do by the close of the day. |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 10:05am On Jan 26, 2021 |
DenreleDave: Try not to be in a rush to sell, ever, you’d end up losing more to fees and wolves, yes wolves, people who prey on panic sales on the xchange, most times you’d notice significant daily dips don’t last toooo long usually less than an hour & one already regrets selling at whatever price one sold at. Won’t lie, Lno to me has been amazing with fees, if you get stuck again post on the thread, plenty folks here have various insights & for sure at least 1 person knows something we don’t, it’s if they’re willing to share their opinions that’s the issue. 1 Like |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 10:09am On Jan 26, 2021 |
DenreleDave: Limit price sets an exact price u want to sell or buy at Market sells or buys at the best available price on the xchange, usually if u have a large buy it would be varying prices which may or may not favor you. Stop limit sets the lowest price you’re willing to buy or sell at and the highest you’re willing to buy or sell at sort of like a range type thing 1 Like |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 10:11am On Jan 26, 2021 |
bradwilli: Omo they did you strong thing, practically paid your profit in fees 1 Like |
Re: Crypto Currency Investors Thread by Nobody: 10:12am On Jan 26, 2021 |
TheEnlightenedO:thank you i will study this and apply it in my next transaction. I am just still hurt for that fee |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 10:17am On Jan 26, 2021 |
kings11ng: Negative sir for limit or stop limits But there’s a 0.1% fee for market sales which tbh is basically nothing 1 Like |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 10:20am On Jan 26, 2021 |
bradwilli: I’d have been hurt too tbh... A nice chunk of profit going to fees. Sometimes it take almost an hour or more for limit orders to fill, don’t rush, if you’re in a hurry, observe the order book, if you see there’s a new order above yours, fight for ur right and reduce your price by a few digits under the topmost one. If u had set for 650,500, and someone showed up with 650,000, hit his arse with a 649,900 and watch urs fill 9 Likes |
Re: Crypto Currency Investors Thread by FrankByMonster: 10:27am On Jan 26, 2021 |
As for the platform, what can you recommend? https://www.forex-broker-rating.com/instaforex what about this one? |
Re: Crypto Currency Investors Thread by Nobody: 10:30am On Jan 26, 2021 |
TheEnlightenedO:Exactly what happened my brother. I will avoid this next time. |
Re: Crypto Currency Investors Thread by Nobody: 10:31am On Jan 26, 2021 |
TheEnlightenedO:thanks my man. I really do appreciate |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 10:31am On Jan 26, 2021 |
bradwilli: Bro, don’t rush next time, you’re trading a sizeable amount and most importantly the right qoin... Eth will touch 2k this feb Inshallah 2 Likes |
Re: Crypto Currency Investors Thread by DenreleDave(m): 10:32am On Jan 26, 2021 |
TheEnlightenedO: So with the method you just taught us now, the selling is not instant... We still have to wait for some time b4 they sell the order.. But in the case where the money appreciated in the day and later in the day, it was going down.... I wud Wana sell but using the previous sell means all my gains are gone.... But with your own sell. Option of 1% now, hope the order will be fulfilled b4 the money depreciate finish.. I thought the sell on the exchange button was an instant sell like the other sell?? |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 10:35am On Jan 26, 2021 |
Na My Own Target Be This Oh... Remember Don’t In V est In What You Don’t Understand... And Set Your Own Personals 2 Likes
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Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 10:38am On Jan 26, 2021 |
DenreleDave: If you want instant sell use the market sell button and be prepared for alternating prices. The longest I’ve had to wait for liquidation on limit orders was 2 hours, I was selling over 20 btc at just over 15m and I set a single price and it kept going up and down until finally my order got filled If you do the jumping jack by altering your prices as the order book flows, you can liquidate 5m in 10 mins but that’s if your phone & data boots fast enough... smaller amounts under 1m can be gone within 3-5mins or even seconds if your factors are in your favour. 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 10:39am On Jan 26, 2021 |
DenreleDave: As my bro jedisco said Lno is lacking in liquidity when it comes to smaller qoins. Big B you can get rid off easily & ethy You can use market sales to dump in less than a min even if you’re selling 100m worth but it will sell some at 650k, some at 649k, some at 651, some at 647 if it drops in btw the time 1 Like |
Re: Crypto Currency Investors Thread by TheEnlightenedO(m): 10:43am On Jan 26, 2021 |
DenreleDave: How much ethy or btc are u selling that the funds will depreciate. As I stated I NEVER sell at the exact market price, if market price is 650,500 I sell mine at 650,000 or 649,900 so even if it drops in btw I’m not losing by nothing really. I’d rather shortchange myself 200 NGN per ethy than pay 2% for instant sales. I only use market orders with ethy and The B cuz the difference in order prices on the order book is usually under 0.2%. If one person is selling for 15,510,000 the next will sell for at most 10,000 less which is not up to 0.3% |
Re: Crypto Currency Investors Thread by Nobody: 10:48am On Jan 26, 2021 |
TheEnlightenedO:i will buy again soon. When i am about to, i will inform you to get assistance. I want the price to dip abit. 1 Like |
Re: Crypto Currency Investors Thread by Anowax(m): 11:00am On Jan 26, 2021 |
TheEnlightenedO:I tell you honestly, I have learnt a lot from your posts especially with regards to this limit order stuff. Still learning though as I've got a lot to learn with regards to charts and whatnot. Remain blessed. 2 Likes |
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