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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3679909 Views)
The Metaverse Investors Thread / NFT Investors Thread / Sh!t Coin Investors Thread (2) (3) (4)
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Re: Crypto Currency Investors Thread by LOquence: 12:00pm On Feb 05, 2021 |
Please what does spread means(layman's term) in order book and how can I deduce insights from it? |
Re: Crypto Currency Investors Thread by niqqaclaimz(m): 12:18pm On Feb 05, 2021 |
sweetveek: Learnt something new...*5* 2 Likes |
Re: Crypto Currency Investors Thread by Nobody: 12:36pm On Feb 05, 2021 |
Re: Crypto Currency Investors Thread by Claudia00: 12:44pm On Feb 05, 2021 |
Please house,which app can I get different types of coins to invest on? 1 Like |
Re: Crypto Currency Investors Thread by yerilistik: 12:44pm On Feb 05, 2021 |
bradwilli: that'll be terrible if really true ! 1 Like |
Re: Crypto Currency Investors Thread by Nobody: 12:44pm On Feb 05, 2021 |
yerilistik:i need to know so i can sell mine and keep my funds |
Re: Crypto Currency Investors Thread by Ojemedad: 12:50pm On Feb 05, 2021 |
bradwilli: No need to panic, there wi always be a way out or we occupy the street 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by mercysamuelson(m): 12:51pm On Feb 05, 2021 |
You can use LUNO app. I've been using that for long 1 Like |
Re: Crypto Currency Investors Thread by Shakitibob0: 12:53pm On Feb 05, 2021 |
Sailor1:You are doing a good job here bro Bro, Many times , I see traders showing signals or trades for ADA/BTC and ADA/USDT separately ....I usually don't understand why this is so.... can you please shed light on this? 1 Like |
Re: Crypto Currency Investors Thread by Ebowo(f): 12:59pm On Feb 05, 2021 |
Ojemedad:dont sell mkt rate! use limit n sell at no charge |
Re: Crypto Currency Investors Thread by SenecaTheYonger: 1:06pm On Feb 05, 2021 |
https://www.nairaland.com/6400654/cbn-shuts-down-cryptocurrency-exchange Please what does this thread mean? Will my account get blocked if I try to buy crypto? |
Re: Crypto Currency Investors Thread by Shakitibob0: 1:08pm On Feb 05, 2021 |
Ojemedad:Lol...Lymlyte oooo No time for understanding tech and applications....we only want to make the mullah! |
Re: Crypto Currency Investors Thread by Aicebaba: 1:11pm On Feb 05, 2021 |
bradwilli: Yes, its true and nothing to fear. Peer to peer exchange like bin.an.ce, local.bitcc0in etc will bypass such CBN limitation. It will only affect exchanges that have direct account in Nigerian banks like Luno, bundle, buycoins and even direct deposit to binance options. 1 Like |
Re: Crypto Currency Investors Thread by Nobody: 1:16pm On Feb 05, 2021 |
Aicebaba:so i have to move my coyns into binance? How about sending some of my funds to my bank, will there be problems i i do it now? Cos i have some funds in Luno and quidaxz |
Re: Crypto Currency Investors Thread by SenecaTheYonger: 1:23pm On Feb 05, 2021 |
Aicebaba:
|
Re: Crypto Currency Investors Thread by SenecaTheYonger: 1:23pm On Feb 05, 2021 |
I just checked CBN's website, but I cant' find anything concerning this new initiative. Could this be a well planned FUD? |
Re: Crypto Currency Investors Thread by Tinneh: 1:23pm On Feb 05, 2021 |
I have always said nigeria is not for me
Any opportunity i go japa 2 Likes |
Re: Crypto Currency Investors Thread by Shakitibob0: 1:27pm On Feb 05, 2021 |
Aicebaba:But binance has a direct account with rubies bank |
Re: Crypto Currency Investors Thread by lovinhubby2wife(m): 1:28pm On Feb 05, 2021 |
Uglychicki:yeah you need at least 10usd |
Re: Crypto Currency Investors Thread by Sailor1: 1:28pm On Feb 05, 2021 |
sweetveek: Nice points you've raised and I'd say you have done well for someone who started in December But one thing I strongly disagree with is your take on betece You are the second person saying that this week an it is getting me scared. make una cool down first mk my altys pump. I quoted a post a while ago on my discussion with someone on the treasury bills thread in December when he said altys are dead. I smiled and told him that is an indicator that altys will soon run and eclipse betece. I keep saying cycles cos in this market, timing a cycle is where all your money is made or lost see how it works 1. Betece pumps milking altys- people say institutions are only interested n betece that altys are shitcoyn... 2. Eith then pumps... and out performs betece 3. Majors- midcaps and micros follow and do multiples of betece and eith... people say that betece is dead and an old coyn 4. Betece wakes and in one day wipes away alyt profits of 3 months people eye go then clear The facts are these 1. If eith did not break ATH, all this movement on altys wouldn't have occured. If eith pumps further and doubles its value, alyts will do x10-x20 sef 2. Early Jan, betece reached 42k, eith pumped from 700-1200 to signify the start of an alyt season. Since then, betece has been ranging...and alyts have gone ballistic. When the time comes, betece will still range and alyts will tank and wipe profits made 3. I know you may be thinking that when that time comes, you'd cash out asap....lol... That is what millions are saying... 4. sensible thing todo now willbe to use this run and gather more betece or eith or take good profits into cash. Trust me, you do not want to be holding any alyt when betece turns. 5. New coyns, majors,minors, micros, eith and betece all have their use- I would still advise splitting your portfolio accordingly if you are new 6. Chart any alyt against betece and ask yourself which one you want to trade. I know alot of good traders who only trade betece and eith.. I don't know of any who only trades alyts. All in all, for new folks here. All your money is made or lost in timing cycles. Bull runs are very easy to trade but there are life lessons that you can only learn in a bear market or trading a full market cycle. Keep calm headed and don't let the alyt pump take your focus out of where we are in the market cycle. I know it doesn't make sense now but your safest bet here is still betece followed by eith 3 Likes 1 Share |
Re: Crypto Currency Investors Thread by Sailor1: 1:31pm On Feb 05, 2021 |
bradwilli: yeah.. on binance its not an ngn pair except you buy usdt 1 Like |
Re: Crypto Currency Investors Thread by Nobody: 1:31pm On Feb 05, 2021 |
CBN are dumb....what kind of policy is this now. P2P to the rescue. 3 Likes |
Re: Crypto Currency Investors Thread by Nobody: 1:34pm On Feb 05, 2021 |
.. |
Re: Crypto Currency Investors Thread by LauraClasikVibe(f): 1:35pm On Feb 05, 2021 |
Prices will drop 100trillion: |
Re: Crypto Currency Investors Thread by ChybuzzDD(m): 1:39pm On Feb 05, 2021 |
100trillion: How about the high rate of scammers in p2p?? How about funding your wallet? 2 Likes |
Re: Crypto Currency Investors Thread by Anowax(m): 1:41pm On Feb 05, 2021 |
Sailor1:When you say bear market, do you mean that during that time the worth of coins (say Eithy) continues to go down and down and down after having gone up during this current bull market... ![]() |
Re: Crypto Currency Investors Thread by Sailor1: 1:42pm On Feb 05, 2021 |
Gsilk: Thanks for the nice words. Good trades you've made and good profits too... What I'd say is that Ada is a coyn that really runs when it does... I've not sold it yet Against the eith chart, the 0.36 level is significant after thst, it's pretty much air until the 0.54 level.. I have set some to sell at 0.36 and will be watching that level for a response... Also not advisable to jump in and out of coyns at this point except you're quite good at it... Sometimes, it's better to let the market do it's thing. Theta is another good one... I thought it'd reject at the 0.24 level bit it didn't. I'd be looking to take a position on a retest. Theta, ada, xlm, link are the old coyns u don't want to sell prematurely during a run. When they run, they run 4 Likes 2 Shares |
Re: Crypto Currency Investors Thread by Sailor1: 1:47pm On Feb 05, 2021 |
Shakitibob0: It depends on what your preference. Given that betece will outperform most alyts in the long run, some traders use alyts to accumulate betece hence trade into betece. With the adventof stable coyns and increased liquidity on their pairs, some now trade into usdt.... It all depends on your choice...but its always worth keeping an eye on betece cos if betece too |
Re: Crypto Currency Investors Thread by Sailor1: 1:50pm On Feb 05, 2021 |
SenecaTheYonger: I thought most exchanges used standalone payment processors to circumvent this. CBN should learn from western countries and regulate, not ban |
Re: Crypto Currency Investors Thread by Anowax(m): 1:52pm On Feb 05, 2021 |
ChybuzzDD:I feel scamming on sites such as Binance is unlikely if not impossible. And while buying on Binance via P2P; factors you should look out for while deciding from whom to buy are; (1) The number of orders the person has executed (2) Completion rate (%)... These are the two major things that will help inform your choice of whom to buy from. When you click on each seller, Binance also breaks it down giving you information such as the person's average Release and Pay time... Your worry using P2P should be the cost of buying through that platform as it's more expensive than buying it directly yourself. 4 Likes 2 Shares |
Re: Crypto Currency Investors Thread by Anowax(m): 1:56pm On Feb 05, 2021 |
Sailor1:What is the way forward now brother? How do one circumvent this CBN palaver? 1 Like |
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