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Crypto Currency Investors Thread - Investment (264) - Nairaland

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Re: Crypto Currency Investors Thread by lavylilly: 8:14am On Feb 21, 2021
lovinhubby2wife:
even ethereum.

Btc right now is about 21 25 million naira but luno says its 35,000,000naira .
Ethereum is still around 700-900k naira luno says its 1.2million naira.

Someone should explain why they've decided to inflate their estimated values of late.
if you want customers to come patronise you what do you do?

1 Like

Re: Crypto Currency Investors Thread by DenreleDave(m): 8:15am On Feb 21, 2021
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Re: Crypto Currency Investors Thread by elmas(m): 8:21am On Feb 21, 2021
Sailor1:


Forgetting all the legal talk and focusing on the chart...two questions

1. Why did you choose xrp?

2. Do you think buying a coin for the long-term in the middle of a bull market is a good idea?

That said, I'm leaning towards xrp hitting ATH this run... But then, certain fundamentals will still come into play afterwards

Sir is it possible to earn daily 2% interest in profit on forex?

1 Like

Re: Crypto Currency Investors Thread by Suf20: 8:39am On Feb 21, 2021
cool
Re: Crypto Currency Investors Thread by Jerry59: 8:44am On Feb 21, 2021
A thread away i read where some guy is calling bnb sh!!t coyn...Lmao. I'm not surprised cos that's what people do. They call a coyn sh!t when it doesn't favour them. Where were you when bnb was doing those huge runs, huh!!! angry

Go and look for another coyn to enter at the top and call sh!!t again grin grin

2 Likes 1 Share

Re: Crypto Currency Investors Thread by lordfalcao(m): 8:51am On Feb 21, 2021
carsuperman:
trust me I won't sell. But you see it rising again??
BnB is undervalued, for BnB leave the technicals around it and play by the fundamentals surrounding it
Re: Crypto Currency Investors Thread by Chubiokonkwo: 8:51am On Feb 21, 2021
Please which app did you use



quote author=TheEnlightenedO post=98120945]


With 100k I’d advise you do Ripple, for instance, at 6am this morning it was just around 134 per XRP, I bought in at 135, and just sold a few mins ago at 142.70.

If you had done same at that price you’d have had 740.7 XRP and if you sold at around 142 just 5 hours later you’d have had 105k. I trade daily and set targets for myself once I hit my target I sell and wait till it drops to a price I’m comfortable buying at again, you can then chose to use your 105k to buy back in at 136 and set another limit order to sell at 142 or even 140, and be gaining your 1% small small by the end of the month you’d gained over 20% and that’s not including days where there will be huge spikes in the price, if you are patient and diligent with it... As regards fees, I set limit orders and I buy straight off the exchange by predicting a median price that I'm comfortable buying at, so when it falls to that price my order fills up... when there’s a spike or a trend and I feel I’m at a point where I’m comfortable I set a low price order to sell, for example when ripple hit 142 this afternoon the lowest sell order on the Luno order book was 142.90, I set mine to sell at 142.70 so my order got filled up quickly and I didn’t pay a cent in charges. Luno is easy to manipulate if you know what you’re doing, it’s when you do express buy or at market rate they charge you heavy

Also try to monitor other coins, there’s times where LTC is the strong point and you’d need to buy in and cash in on it within an hour and switch to other coins.

[/quote]
Re: Crypto Currency Investors Thread by Ibeme: 8:54am On Feb 21, 2021
lordfalcao:
lol which other dip is bigger than 223. I doubt BnB will do that again, once weekend corrections is over. All the way up for me

That drop to 223 was a quick wick on the candle. Unless you had an automated buy order, you would have missed it.
Re: Crypto Currency Investors Thread by lordfalcao(m): 8:56am On Feb 21, 2021
Ibeme:


That drop to 223 was a quick wick on the candle. Unless you had an automated buy order, you would have missed it.
true.. the dip comes in the night like a thief when you are sleeping grin

I doubt we will see 223 again per BnB

Cz has lots of projects and plan for it. And it been the largest exchange, with its trading volume still not big. Anything less than 500 is a joke to me

2 Likes

Re: Crypto Currency Investors Thread by Ibeme: 8:59am On Feb 21, 2021
lordfalcao:
true.. the dip comes in the night like a thief when you are sleeping grin

I doubt we will see 223 again per BnB

It's still in a descending pattern with lower highs and lower lows on the hourly. I'm not touching till it breaks pattern. It's still a falling knife for now.
Re: Crypto Currency Investors Thread by strom: 9:02am On Feb 21, 2021
Are we in the bear run already, ?
Re: Crypto Currency Investors Thread by sKeetz(m): 9:07am On Feb 21, 2021
strom:
Are we in the bear run already, ?

Yes
Re: Crypto Currency Investors Thread by Neverlosemoney: 9:11am On Feb 21, 2021
strom:
Are we in the bear run already, ?
Lol.....don’t mind that guy grin when the bears jump out the window, you won’t need to ask cheesy grin

3 Likes

Re: Crypto Currency Investors Thread by lordfalcao(m): 9:19am On Feb 21, 2021
Ibeme:


It's still in a descending pattern with lower highs and lower lows on the hourly. I'm not touching till it breaks pattern. It's still a falling knife for now.
that's how it happened during Val's day. 6 days later it went to 300..

Coin that are long term hold for me, I don't look at the chart to avoid getting discouraged

2 Likes

Re: Crypto Currency Investors Thread by strom: 9:19am On Feb 21, 2021
Neverlosemoney:

Lol.....don’t mind that guy grin when the bears jump out the window, you won’t need to ask cheesy grin

How do we know b4 then so people like me won't be caught pants down

1 Like

Re: Crypto Currency Investors Thread by Neverlosemoney: 9:33am On Feb 21, 2021
So this is the bull run they speak of. Honestly, it is too sweet. Everything just seem too too predictable. Even people wey no sabi execute trade dem they make money grin Infact, buy any coin you no need worry about analysis, the bull go come carry am up as long you get patience.
Analyst are even saying we are just on top of the ice-cream cheesy the bull never even start to Dey run...LOL......mehn as I just Dey think am, coin don Dey hit new highs since late last-year to now shocked.
Bear Run go mad niyen ooooooo shocked. Right now, bear go just dey sit down Dey smile, see fresh meat. Some People go run enter market naked, people go dey shout Wetin happen “Na bear oooooooo, bear don come commot cloth ooooo”.......Lol

On a seriou note guyz, you have not made a profit not until you close that trade. Right now, it all just a paper gain. We are approaching a stage where it becoming difficult to get out of our position as a result of greed and not to lose out on gains, we all want to keep on riding the bulls grin but remember what goes up will surely come down. Trade safe. It will be sad to make all those gain only to later lose it embarassed
As a brother here once said, I quote “The bull goes up using the step and the bear comes down through the window”.......LOL

10 Likes

Re: Crypto Currency Investors Thread by Sailor1: 9:51am On Feb 21, 2021
elmas:


Sir is it possible to earn daily 2% interest in profit on forex?

First, I don't trade forex so I wouldn't know.
If you meant crypt0, yes you can 'average' that percentage (key word is average) over some time. But then, I don't daytrade and advise new folks against it. An overwhelming majority end up blowing off their portfolio

2 Likes

Re: Crypto Currency Investors Thread by Sailor1: 9:51am On Feb 21, 2021
lavylilly:


It hasn't surpassed it all time $3.8 it did in 2018

I didn't say it has. I said I'm leaning towards that happening

1 Like

Re: Crypto Currency Investors Thread by Sailor1: 10:03am On Feb 21, 2021
kolagbemi:


Boss,

For question one.... xrp for is a good project with very good target audience.....this normally should be a very high yield investment. But on the other hand, for banks to be able to use for international transfer
.1. will price stability not be prerequisite
2. If price stability is required, will xrp still be able to give good high ROI like other coins giving 200% annually?

Question 2: boss I don tire I don't even know what I'm doing again.... that's why I just decided to put my money somewhere and forget it.

Trading for me is a spot, it is exiting for me but I kept loosing money made..... I'm still battling with emotional trading.

Thank you for always coming through

I'd say forget all the talk about banks... that has been ongoing for years. If banks wanted to use a crypt0, stable coins are better suited. Yes the parent company is in partnership with some banks regarding the underlying tech but ripple is a distinct entity.

We're here for the cash.
I've shared this here before. Over 80% of old time crypt0 traders made that mistake (incl me) but wouldn't hold it for the long-term. I'm quite certain the reason it's caught your attention is cos you think its 'cheap'. Ask yourself, why has it continued to remain cheap all this while?

I'd say if you're looking for a long-term hold, first will be to look at its performance against betece or sometimes eith (which are the market leaders). If it's performing worse, you're better off holding betece. Look at the xrp/betece chart and see if that's what you want to hold. Also, the coyn should preferably have been around for a good while... Every bullrun has new names which usually fizzle out afterwards.

That said, it MAY still pump this run for quick bucks but wouldn't consider it for a long-term hold.

Regarding your losses, as is the case with most new folks, you kept giving your money to the market thinking you're day trading... I've said alot on that too

6 Likes 1 Share

Re: Crypto Currency Investors Thread by Sailor1: 10:09am On Feb 21, 2021
condomuser:
I see, it seems all these coins apart from Bitc0in doesn't have any useful usecase, they are just 'Make believe' coins. I read up about BNB and lots of jargons abt it being used for smart contracts, the interesting part is that it was built on Etherum network to allow lower Bitc0in transaction fees, that means for every bitcoin transaction BNB tokens can be used to settle fees.

Bitc0in trades more volumes meaning theoretically BNB Price should go up at every instance of Bitc0in transaction on Binance platform at least but practically it's false.

The facts are; when price of bitc0in goes up, BNB and it's cohorts pricing have a tendency to go up apart from during the BNB run where BnB token pricing kept going up which to me was a pump behind the scene.
When price of bitc0in slumps tokens such as BNB and it's cohorts definitely goes down.

In a nutshell Bitc0in is the king, there is nothing near bitc0in up till date.

Fact is betece is king and 99.% of alyts have no usecase and would go to almost zero in the long term. But tgen, they baloon out at sometime in a market cycle. Most folks target such times to increase their betece or make more usdt.

That said, bnb is a solid project that should see longer term appreciation.

2 Likes

Re: Crypto Currency Investors Thread by DextrousDavid(m): 10:13am On Feb 21, 2021
Sailor1:


First, I don't trade forex so I wouldn't know.
If you meant crypt0, yes you can 'average' that percentage (key word is average) over some time. But then, I don't daytrade and advise new folks against it. An overwhelming majority end up blowing off their portfolio


Boss there's a questions I have been wanting to ask you for a while now.

Is there always a massive dip every Saturdays?

I noticed that there was a huge dip last saturday too on most coins.

So is it a norm is crypto market?

2 Likes

Re: Crypto Currency Investors Thread by billyG(m): 10:14am On Feb 21, 2021
lavylilly:
if you want customers to come patronise you what do you do?
How no one will buy at that price

1 Like

Re: Crypto Currency Investors Thread by Paulswaggz(m): 10:19am On Feb 21, 2021
BNB and BTCST are doing numbers!!!


Fly to the moon
Re: Crypto Currency Investors Thread by PuZZyNegro: 10:25am On Feb 21, 2021
Please, how do I convey my USDT to Betece (Btc) on Binance.

Not for trading but to leave it there to appreciate
Re: Crypto Currency Investors Thread by Sailor1: 10:25am On Feb 21, 2021
DextrousDavid:



Boss there's a questions I have been wanting to ask you for a while now.

Is there always a massive dip every Saturdays?

I noticed that there was a huge dip last saturday too on most coins.

So is it a norm is crypt0 market?

Not necessarily... Dips and retraces can happen anytime...
Sometimes they occur in the weekend then Monday/Tuesday sets the tone for the rest of the week. However, such correlations are shortlived

2 Likes

Re: Crypto Currency Investors Thread by haryodehjia(m): 10:29am On Feb 21, 2021
Strong Resistance for BNB is 300 n back to 260. Another entry 260

1 Like

Re: Crypto Currency Investors Thread by AIT1(m): 10:36am On Feb 21, 2021
A305:
Everyone thinks a certain coin is over bought at some point hence, tries to exit the market. But the real cause of occasional dips is some people taking 'profit' and these set of people are mostly previous hodlers or bag carrier of the coin.

Okay sir. Thanks for the enlightenment.
Re: Crypto Currency Investors Thread by strom: 10:42am On Feb 21, 2021
haryodehjia:

Strong Resistance for BNB is 300 n back to 260. Another entry 260


Nice1,
Re: Crypto Currency Investors Thread by Terriwaya: 10:46am On Feb 21, 2021
Bnb favour me. Bought the c0in at $319. Before I go cover my loss fit reach tomorrow
Re: Crypto Currency Investors Thread by DenreleDave(m): 10:47am On Feb 21, 2021
PuZZyNegro:
Please, how do I convey my US.DT to Betece ) on Bynance.

Not for trading but to leave it there to appreciate


Go to spot, then find b. tc/U. SDT, click on it and it will show you buy, click buy and put the amount of us.dt u want use to buy the b.t.c... Click on buy..

1 Like

Re: Crypto Currency Investors Thread by sweetveek(m): 10:53am On Feb 21, 2021
Paulswaggz:
BNB and BTCST are doing numbers!!!


Fly to the moon
anything less than 1k$/btcst, I'm not sel.ling wink
Re: Crypto Currency Investors Thread by billyG(m): 10:58am On Feb 21, 2021
Notyamate:


Lol gringrin funny guy

You'll get the same coin na, not naira equivalent on Binnance, you'll even lose more because of transaction fees.
Can't I and ngn from lu.no to Binance?

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