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Crypto Currency Investors Thread - Investment (289) - Nairaland

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Re: Crypto Currency Investors Thread by clems88(m): 10:31pm On Feb 23, 2021
Please someone should explain how to use stop limit and oco. undecided I don't understand the utube vid

Re: Crypto Currency Investors Thread by naturalflow: 10:31pm On Feb 23, 2021
mattyboy007:

I started wit 1k on luno..
10k on Binance
please the binance app is telling me to verify before buying coin.But when I got to the stage of taking photos,it keeps stalling.

1 Like

Re: Crypto Currency Investors Thread by Hafyz23(m): 10:32pm On Feb 23, 2021
Sailor1:
The battle of 45k..

Nice hourly candle... Was already getting concerning but it seems buyers are intent on defending the 45k level at least for now. Also forming good market structure around it..

Let's see how the daily closes... Should be an interesting one..

BTW, I'm seeing more and more calls for 40-42k.... That seems to be a perfect bounce area but Betece dips are rarely perfect... Either it doesn't dip to the expected level so people are left chasing or it nukes through and leaves folks pants down... Brutal market
Following
Re: Crypto Currency Investors Thread by IMAliyu(m): 11:15pm On Feb 23, 2021
PabloTehnyson:


Okay so I have no reason to fear not so? It will still be sent all the same right?
Yes

1 Like

Re: Crypto Currency Investors Thread by Ibime(m): 11:18pm On Feb 23, 2021
R2bees:
I wouldn't advise newbies to trade now. Instead use this period to learn how everything works. I started some weeks back, I got burnt. No one told me to go back and set a strategy for myself. You don't just buy any coin simply cos everyone is buying. I got burnt during the bull run, imagine what will happen to you now? Walahi you go turn in to ashes. There is so much money to be made here, just sit back, watch and observe the market, soon you will find your own craft. Las las na only you gat your self Ekele kwam unu

Baba you sef done enter crypto? Welcome cheesy
Re: Crypto Currency Investors Thread by Tamel(m): 11:21pm On Feb 23, 2021
Mehn ,hope it's going up for real this time tongue
Re: Crypto Currency Investors Thread by Ojemedad: 11:27pm On Feb 23, 2021
clems88:
Please someone should explain how to use stop limit and oco. undecided I don't understand the utube vid

Stop limit price is like the guard/protector to the actul price you intend to sell

While limit price is the actual price you want to sell

For example, a coin is pumping you and intent to sell incase there is sudden drop, if the numbers are reading on say 0.0643 you can set your stop limit price on 0.0640 and your limit price on 0.0639 so if the price drops to 0.0640 your limit price will be executed which is 0.0639

Note: limit price must be lower than stop limit price


I hope I got it right grin

6 Likes 2 Shares

Re: Crypto Currency Investors Thread by gamaliel9: 11:52pm On Feb 23, 2021
Good evening house. I saw a a fintech called VertoFx, that allows you to open bank accounts in several countries and currencies you want, even sending money to e wallets. Will it bypass cbn shenigans? Who has used it? Is Payoneer also good to bypass cbn? Does Binance accept payments from Payoneer?
Re: Crypto Currency Investors Thread by Honestlywwww: 12:01am On Feb 24, 2021
Hello bosses in the house

Among cripto trading and forex which one is more profitable. And which one is harder to learn

Does binnnnance give demo currency to practice just like some forex brokers.
Re: Crypto Currency Investors Thread by Ibime(m): 12:25am On Feb 24, 2021
The more B.T.C keeps playing the $45k-$49k range, the more chance it will drop further. Whales have given it every chance to move higher but it refuses, it's just a question of time in the absence of any new impetus or positive news. They are slowly dumping at each $49k, but more and more will join the dumping train unless something moves the market
Re: Crypto Currency Investors Thread by solreb: 12:30am On Feb 24, 2021
Hafyz23:

You come at the right,we are currently at war here.
Try read from page 1 till you tire. Check for @Sailor1 posts,they are valuable.
Cryyyypto is not about what you will get in a month time. 10seconds everything fit bust.
Or everything may double. This is the right time to come in when the Streets are RED. It is an investment you can easily make so much and lose mich. I started early Jan 2021 and I am close to doubling my investment capital. I see this perood as correction period that presents opportunities for investors well positioned to make more money.

1 Like

Re: Crypto Currency Investors Thread by pragmatistm(m): 12:59am On Feb 24, 2021
An online coins prediction platform gives the following range for today:
.Bt.c--$44.983 - $54.164
Et.h-- $13.6096 - $1781.51
B.nb__$186.58 - $269.03.
A.da--- $0.8240 - $1.1400.

@Sailor1, what's your take? Are we possibly expecting a bull run today? Can someone buy the red now?
Re: Crypto Currency Investors Thread by Sailor1: 1:37am On Feb 24, 2021
Interesting daily close on betece... So far, it's respected the 48k level well which corresponds to the 21 Daily EMA.

Looks like a similar scenario to what happened in January is playing out (first chart).... In January, it corrected for about 3 days and later bounced and stabilised over the 21EMA.. it was then that eith rallied taking alyts with it.

I've added the eith daily chart (second chart) which shows how it rallied when betece stabilised.

Later on, betece still broke through the 21ema and found support at the 50 EMA (purple line) and rallied from there. The 50 EMA currently sits at 40k.

Also, volume seems to be picking up which is a good thing but not yet upto January levels (though this is from binance only)

I'd say that if betece can hold the 21ema as support today, then there's a better chance it rallies towards previous highs and stabilises for sometime which should give alyts room.

So far, there's been constant selling into the 45-46k level and it hasn't budged.. Not a bad sign. Shows buyers are present there.

4 Likes

Re: Crypto Currency Investors Thread by Sailor1: 1:38am On Feb 24, 2021
pragmatistm:
An online coins prediction platform gives the following range for today:
.Bt.c--$44.983 - $54.164
Et.h-- $13.6096 - $1781.51
B.nb__$186.58 - $269.03.
A.da--- $0.8240 - $1.1400.

@Sailor1, what's your take? Are we possibly expecting a bull run today? Can someone buy the red now?


Hehe... I've never seen a bullrun that lasts a day...
I usually don't day trade.. dropped what I'm looking at above
Re: Crypto Currency Investors Thread by Creeza(m): 1:40am On Feb 24, 2021
Everyone is a guru during a bull run. hahaha. I laugh in bakerytoken, lol lets see what happens after the 15th bnb burn in Q1 2021
Re: Crypto Currency Investors Thread by MrCodeSolo: 1:41am On Feb 24, 2021
I cut myself cap....and I'm a proud collector of altcoins....bitcoin rocket don leave me go since..naa altcoin train I dey hop on to arrive my destination to a true financial freedom. Someone bin dey ask say all the motivational speakers and crypto analysers including d ones wey dey give signals, say dem all ran away when d entire coin market turn sacrificial bull....
I dey ooo! I dey collect dips currently for hodl. And about a week and 3 days ago...I told someone say, dey no born eth well make e pass d $2k price....if u do your research well...d founder of ethereum, Developer: Vitalik Buterin been dey promise for the possible migration to ethereum 2.0 launch this year...them promise lower gas fees and speedy processing tranx, on the Eth 2.0 consensus mechanism transition. UNTIL THEY LAUNCH THAT RELEASE...ETH NO FIT, I REPEAT! NO FIT PASS D $2k mark....my eyes dey on some few altcoins wey go in a few years time dust eth comot from dat position...trust me, but I no know when? but it will eventually happen. If u think say I lie see proof below grin

Re: Crypto Currency Investors Thread by Elsueno: 1:42am On Feb 24, 2021
The moment it passed $40k, I knew this thing gonna start going opposite direction. To be honest, d current price is unrealistic. It went too high way too fast. The moment it hit 50k, I sold the overheads and converted my initial capital to BUSD and USDC. will wait for a serious dip, then buy some more cheesy
Re: Crypto Currency Investors Thread by Sailor1: 1:46am On Feb 24, 2021
Ibime:
The more B.T.C keeps playing the $45k-$49k range, the more chance it will drop further. Whales have given it every chance to move higher but it refuses, it's just a question of time in the absence of any new impetus or positive news. They are slowly dumping at each $49k, but more and more will join the dumping train unless something moves the market

Not necessarily... Who do you think is buying at the 45k level? There's been heavy selling into that area and it still looks strong...

Those selling don't have an infinite amount of betece and buyers don't have an infinite amount of cash
For now, it seems buyers are ready to sit at the low of the range and watch sellers fill their orders. Large volumes of betece have been traded at this level. Only a matter of time before one group gets exhausted.... Let's see how today goes
Re: Crypto Currency Investors Thread by Creeza(m): 1:52am On Feb 24, 2021
Elsueno:
The moment it passed $40k, I knew this thing gonna start going opposite direction. To be honest, d current price is unrealistic. It went too high way too fast. The moment it hit 50k, I sold the overheads and converted my initial capital to BUSD and USDC. will wait for a serious dip, then buy some more cheesy
what will you then say if you had btc when it plumeted from 40k to around 35k weeks ago? Bro buy the dip and DCA or you hodl long term. the percentage cost of bnb you use for day trading adds up before you know it.
Re: Crypto Currency Investors Thread by Sailor1: 2:01am On Feb 24, 2021
MrCodeSolo:
I cut myself cap....and I'm a proud collector of altcoins.... bitc0in rocket don leave me go since..naa altcoin train I dey hop to arrive my destination of a true financial freedom[b]someone bin dey ask say all the motivational speakers and crypto analysers including d ones wey dey give signals, say dem all ran away when d entire coin market turn sacrificial bull.... [/b]
I dey ooo! I dey collect dips currently for hodl. And about a week and 3 days ago...I told someone say, dey no born eth well make e pass d $2k price....if u do your research well...d founder of ethereum, Developer: Vitalik Buterin been dey promise for the possible migration to ethereum 2.0 launch this year...them promise lower gas fees and speedy processing tranx, on the Eth 2.0 consensus mechanism transition. UNTIL THEY LAUNCH THAT RELEASE...ETH NO FIT, I REPEAT! NO FIT PASS D $2k mark....my eyes dey on some few altcoins wey go in a few years time dust eth comot from dat position...trust me, but I no know when? but it will eventually happen. If u think say I lie see proof below grin

Eith has crossed 2k.. though it was technically rejected from that level.

In this market, I wouldn't speak in absolutes. But then, I'm a bit excited with the amount of flak eith is getting.... Most times, it's when the majority all believe one thing that the market does the other...

That most alyts lagged betece on this last move up was simply because eith did not show strength. The Eith/betece chart has been the most dependable marker for alyt strength. Eith has averagely had about the strongest PA of any alyt over the past 1 year. Since 2017, we've always heard how one coin or the will overtake eith or betece. Till date, none has come close...

Few weeks ago when bitc0in was ranging and alyts running, I was trying to convince people that bitc0in runs this market. Folks said other coins will soon overtake betece. Today we've seen what betece can do to the market

4 Likes

Re: Crypto Currency Investors Thread by Sailor1: 2:18am On Feb 24, 2021
Elsueno:
The moment it passed $40k, I knew this thing gonna start going opposite direction. To be honest, d current price is unrealistic. It went too high way too fast. The moment it hit 50k, I sold the overheads and converted my initial capital to BUSD and USDC. will wait for a serious dip, then buy some more cheesy

It's always good to take profits on the way up...
We're in a bull market and such steep corrections are expected. But then, if you sold at 50k expecting a huge dip, it currently sits at 49k... I'd say it's hardly a bargain.

Let me ask, what price are you looking at getting back into the market?

1 Like

Re: Crypto Currency Investors Thread by Sailor1: 2:29am On Feb 24, 2021
Most of PA yesterday was traded in this range... Though its a 15min chart, it tells a story...

Seems large volumes of limit buys were placed and buyers were not interested in market buys that'd cause sharp pumps.... They were ready to sit back, create buy walls and watch their orders fill

Let's see how today goes....and if this level still holds

Re: Crypto Currency Investors Thread by mike8804: 2:44am On Feb 24, 2021
Many of u panic sold....
While They Bought the Dip... �


Square buys $170 million more in bitcoin to boost crypto holdings

source:-

Link : https:// finance yahoo com/news
Re: Crypto Currency Investors Thread by mattyboy007(m): 4:05am On Feb 24, 2021
naturalflow:
please the binance app is telling me to verify before buying coin.But when I got to the stage of taking photos,it keeps stalling.
U hv to keep trying.. Don't use d app for verification. Use a browser I tink it's faster n make sure dere is enough light
Re: Crypto Currency Investors Thread by elmas(m): 4:11am On Feb 24, 2021
Sailor1:
Most of PA yesterday was traded in this range... Though its a 15min chart, it tells a story...

Seems large volumes of limit buys were placed and buyers were not interested in market buys that'd cause sharp pumps.... They were ready to sit back, create buy walls and watch their orders fill

Let's see how today goes....and if this level still holds

50k now
Re: Crypto Currency Investors Thread by Divay22(f): 4:11am On Feb 24, 2021
naturalflow:
please the binance app is telling me to verify before buying coin.But when I got to the stage of taking photos,it keeps stalling.
Use your morning face...
Open your door making sure everywhere is bright.... That was how i got verified facially

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Akinola2345(m): 4:30am On Feb 24, 2021
Seem market is settle for now....

Ow what do you think....?

Will it be another dip
Re: Crypto Currency Investors Thread by elmas(m): 4:41am On Feb 24, 2021
Sailor1:
Most of PA yesterday was traded in this range... Though its a 15min chart, it tells a story...

Seems large volumes of limit buys were placed and buyers were not interested in market buys that'd cause sharp pumps.... They were ready to sit back, create buy walls and watch their orders fill

Let's see how today goes....and if this level still holds

Can one use ngn cards now to buy krypto on bynance now?
Re: Crypto Currency Investors Thread by Thegamingorca(m): 4:54am On Feb 24, 2021
elmas:


Can one use ngn cards now to buy krypto on bynance now?


Re: Crypto Currency Investors Thread by Terriwaya: 4:58am On Feb 24, 2021
Looks like a bull run begins today. I may want to buy more
Re: Crypto Currency Investors Thread by Nobody: 5:23am On Feb 24, 2021
Ibime:


Baba you sef done enter crypto? Welcome cheesy
Lmao.. Boss Wetin man go do na... I swear your Moniker dey familiar.
Re: Crypto Currency Investors Thread by Nobody: 5:27am On Feb 24, 2021
Creeza:
Everyone is a guru during a bull run. hahaha. I laugh in bakerytoken, lol lets see what happens after the 15th bnb burn in Q1 2021
A GURU during a bull run... A MOTIVATIONAL SPEAKER in the bear run. Lmao

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