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Crypto Currency Investors Thread - Investment (146) - Nairaland

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Re: Crypto Currency Investors Thread by Ouzidi77(m): 1:27pm On Feb 10, 2021
Please how do I go about opening the ghana eco bank online ... please my number is ( 0 8 zero 8 3 5 3 two 4 5 six ) or drop yours.. so I can call you.. thanks

netsurfer01:
I forgot to censor some words in my last comment so antispambot banned my other account. Here is the comment.

Four (4) ways to bypass the CBN cryptocurrency ban:

Using Peer-Peer enabled wallet or Crypto Exchange

1. Transfer your assets to a peer-to-peer enabled wallet or exchange example https://binance.com, https://okEx.com https://block.chain.com

2. Transfer your crypto to your beneficiary address.

3. Receive payment with SKRILL or PAYONEER or DIRECTLY TO YOUR BANK(if dealing with a Nigerian beneficiary)

4. Cash out in Naira

Three (3) ways to bypass the CBN cryptocurrency ban

Using Coin_base – Paypal

1. Open a Coin_base and PayPal account and connect both

2. Withdraw your assets from other wallets to Coin_base

3. Withdraw from Coin_base to PayPal and then transfer to your Naira account

How to bypass the CBN cryptocurrency ban (3)

Using Ecobank Ghana Account

1. Open an Ecobank Ghana account online as a non-resident.

2. Connect it to your exchange (Binance, O.kex, Lu_no etc…)

3. Withdraw to your Eco Bank Ghana account

4. Move it to your Nigerian account.


How to bypass the CBN cryptocurrency ban (4)

Using OTC Traders

1. Look for a trusted OTC trader within your network (a local cryptocurrency vendor)

2. Send the crypto to them

3. They will send the value equivalent to your bank account without using crypto currency as the transaction description.

4. You are good to go.
Re: Crypto Currency Investors Thread by representae: 1:34pm On Feb 10, 2021
DextrousDavid:


Couldn't find cardano on binance

Search for ADA
Re: Crypto Currency Investors Thread by lkillbrokehoes: 1:36pm On Feb 10, 2021
I'm glad I bought alot of BnB when it was still around $30, now I'm grateful to God.

4 Likes

Re: Crypto Currency Investors Thread by TotoNaRubber: 1:42pm On Feb 10, 2021
Update at 13:40

Bit.co.in fell to $44k, Other coins are dropping too.


Is this a good time to buy?
Re: Crypto Currency Investors Thread by iampaulsmith(m): 1:44pm On Feb 10, 2021
Most of the coins are coming down atm. What’s wrong??
Re: Crypto Currency Investors Thread by typicalgamer(m): 1:45pm On Feb 10, 2021
TotoNaRubber:
Update at 13:40

Bit.co.in fell to $44k, Other coins are dropping too.


Is this a good time to buy?

Wait don't buy yet the bull hasn't been tamed

2 Likes

Re: Crypto Currency Investors Thread by Nobody: 1:47pm On Feb 10, 2021
iampaulsmith:
Most of the coins are coming down atm. What’s wrong??

Are you new to crypto?
Re: Crypto Currency Investors Thread by kekilika: 1:48pm On Feb 10, 2021
As e dey sweet, na so e dey pain. Them done use red pen cross the work. Them say make una redo the trade.
Re: Crypto Currency Investors Thread by Nobody: 1:48pm On Feb 10, 2021
Glo network went off for more than 30mins coming back i had lost all my gains especially bnb
Re: Crypto Currency Investors Thread by Ojemedad: 1:49pm On Feb 10, 2021
Get out now if you can, profit this morning gone
Re: Crypto Currency Investors Thread by clems88(m): 1:50pm On Feb 10, 2021
bradwilli:
Glo network went off for more than 30mins coming back i had lost all my gains especially bnb
same as me. lost all the prof.t for ltc and bn.b cos of network
Re: Crypto Currency Investors Thread by kekilika: 1:50pm On Feb 10, 2021
I am back. I quoted someone to offer help. Antibody banned me, hid my post and left the person's post on. Wahala dey.
Re: Crypto Currency Investors Thread by Gsilk(f): 1:53pm On Feb 10, 2021
There’s a reason Sailor1 says “take profits on the way up “ hehehehe grin

5 Likes

Re: Crypto Currency Investors Thread by Nobody: 1:53pm On Feb 10, 2021
clems88:
same as me. lost all the prof.t for ltc and bn.b cos of network
all my coin gains got lost. Everyone of them. Glo just got me really angry
Re: Crypto Currency Investors Thread by Sailor1: 1:53pm On Feb 10, 2021
clems88:
bn.b burnt my hand cry lost all pro.fit for today cry

At what price did you buy?
Re: Crypto Currency Investors Thread by Tozilly(m): 1:54pm On Feb 10, 2021
bradwilli:
Glo network went off for more than 30mins coming back i had lost all my gains especially bnb

U were forewarned by Sailor1.

1 Like

Re: Crypto Currency Investors Thread by Wordgeddon: 1:55pm On Feb 10, 2021
Fortunately I had long taken my profits from BNB to TRB.

TRB is holding well. Wahala for who panics and sell at a loss.

1 Like

Re: Crypto Currency Investors Thread by Sailor1: 1:56pm On Feb 10, 2021
FreshGuy2:
okay thanks for your response, my specific question is which currency do you suggest for a starter that can give me daily or weekly profits and also how to start trading or investing.

Hehe... Baba no be like so ooo... I don't know any coin that can do that
Re: Crypto Currency Investors Thread by Nobody: 1:59pm On Feb 10, 2021
Tozilly:


U were forewarned by Sailor1.
i was and was cut off by glo just when i was planning to sell
Re: Crypto Currency Investors Thread by netsurfer01(m): 2:02pm On Feb 10, 2021
Ouzidi77:
Please how do I go about opening the ghana eco bank online ... please my number is ( 0 8 zero 8 3 5 3 two 4 5 six ) or drop yours.. so I can call you.. thanks

https://ecobank.com/gh/personal-banking/everyday-banking/savings-accounts/ecobank

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Sailor1: 2:03pm On Feb 10, 2021
TotoNaRubber:
Update at 13:40

Bit.co.in fell to $44k, Other coins are dropping too.


Is this a good time to buy?

No need trying to catch a falling knife... Betece will always look to flush out overleveraged gamblers.

One hour candle respected the 45.5k level well...

IMO, let things settle but dips are for buying

1 Like

Re: Crypto Currency Investors Thread by Nobody: 2:04pm On Feb 10, 2021
How can I withdraw the cash from bnb
Should I transfer from spot wallet to p2p wallet.

I hv transferred to p2p wallet and d cash in it keeps going up n down. I just want somewhere I can keep it and my profit stays till I want to trade again

I m tired

1 Like

Re: Crypto Currency Investors Thread by Sailor1: 2:05pm On Feb 10, 2021
Wordgeddon:
Fortunately I had long taken my profits from BNB to TRB.

TRB is holding well. Wahala for who panics and sell at a loss.

I use dips like these to identify coyns that have held levels well. They're the ones who first explode when things settle

3 Likes

Re: Crypto Currency Investors Thread by clems88(m): 2:07pm On Feb 10, 2021
Sailor1:


At what price did you buy?
140$
Re: Crypto Currency Investors Thread by Sailor1: 2:09pm On Feb 10, 2021
niqqaclaimz:
I know some people won't like hear this but it's facts.. All this jumping from one coin to another chasing pumps anit really worth it especially if you're a newbie.

It's just alot added stress and you would get burnt up in no time.

It's best for one to just do your research well and go for coyns that has a future or good potentials,invest and let it do it do it's thing.

Late last week i switched from swing trading to long term investment and believe me my portfolio has been stup*d good. I'm not even phased about any coyn that's pumping... I know i got good one's which are Btc,eth,Ada,xlm,rp

The pump chase it's best if you ;

1) Have a good entry

2) Have enough funds to double up for good with the pump.

3) Don't be greedy,have a target and exit...

I'm just a month old in this cryto sphere and i have learnt quite number of things and still learning.

Good stuff...
Most folks want to swing trade but as a bew person here, it's the easiest way to get chopped up. Moreso, it's much more stressful.

Like you said, I find it more profitable taking profit into fiat rather than buying coyns when everything is green. Cos stuff is much cheaper when the dip comes
Re: Crypto Currency Investors Thread by netsurfer01(m): 2:09pm On Feb 10, 2021
Uglychicki:
How can I withdraw the cash from bnb
Should I transfer from spot wallet to p2p wallet.

I hv transferred to p2p wallet and d cash in it keeps going up n down. I just want somewhere I can keep it and my profit stays till I want to trade again

I m tired
Convert the BNB to a stable coin like USDT and your cash will stop fluctuating.

When you're ready to sell, send your USDT from spot to P2P wallet and you're good to go.
Re: Crypto Currency Investors Thread by Rsz124: 2:12pm On Feb 10, 2021
Very interesting and enlightening thread I must confess... Also great seeing lots of people trading same coins that you are on.

It's however apparent that the CBN directive has only pushed lots more people into cryptocurrency trading.

I'd however love to warn/help lots of the newbies... Crypto can be both profitable and heart-wrenching...it is therefore important that you read through at least everything from page 1 before buying any crypto

Watching lots of crypto trading videos would also help you

Also do not TRADE with money you cannot afford to lose... Just 1min can turn your entire capital into a minus figure

Crypto is a world on it's own... You'd do well to read welllllll and wide

It's amazing some newbie traders here don't know what a bull/bear is... How to read candle sticks... What support and resistance means... What stable coins are etc

Please learn before trading, and you'd discover you won't need to ask questions like when should I take profit?

6 Likes

Re: Crypto Currency Investors Thread by bizzibodi(m): 2:16pm On Feb 10, 2021
Anowax:
Sell into Naira using exchange then convert to ngn to xrp same way
I
Re: Crypto Currency Investors Thread by iampaulsmith(m): 2:16pm On Feb 10, 2021
Yeah I am and I‘m still learning. I only want to understand what triggered them to all fall at once make me sef dey understand this thing. Na small small person dey learn.
Sysdatek:

Are you new to crypto?
Re: Crypto Currency Investors Thread by MyChoice1: 2:19pm On Feb 10, 2021
clems88:
bn.b burnt my hand cry lost all pro.fit for today cry


Hahahaha... Chaii.
When people share their success stories of hodl, it's sweet to the ear, but in reality, the kind of rioting emotions that went through their head during the dip is not easy. one needs to master that act of patience. I just had similar experience with Ada yesterday, I jumped out at a minimal loss, ogn, vet, RSR, win all were changed to usdt and eity to preserve my little profit. But alas, all of them pumped to high heavens thereafter, quite sad watching all these. Today I started 2nd missionary journey fully armed emotionally. Ren then started his nonsense after giving me joy oo. To go out sef na war.. lol I gave up and bought more instead at the dip. Rather it dipped dipper oo... lol. I just closed the app. I can't come and kill myself Biko.
Oya look at zil too... Going down again, if I jump out now for head bridge, no be suicide? Ok oo

7 Likes

Re: Crypto Currency Investors Thread by Tinneh: 2:19pm On Feb 10, 2021
Notyamate:


If you have read some pages back I have explained how to move your funds from Luuno to Binnance.

Covert all of your coin (btc,ethy,usdc) to Xrp(ripple) after that go to Binnance, copy your xrp wallet address and tag. Go back to Lunno, click on Xrp, then send, paste the address and tag then click on send.
This is the real definition of layman terms...spot on explanation kudos bro
Re: Crypto Currency Investors Thread by Nobody: 2:21pm On Feb 10, 2021
netsurfer01:

Convert the BNB to a stable coin like USDT and your cash will stop fluctuating.

When you're ready to sell, send your USDT from spot to P2P wallet and you're good to go.


Thanks, I will do that now

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