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Crypto Currency Investors Thread - Investment (3363) - Nairaland 17601p

Crypto Currency Investors Thread (4695775 Views)

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SINisSIN(m): 6:29am On Nov 10, 2023
Learn to associate yourself with good people offline. You can't tell me all the people you know offline are like you....hummm. Be active in church, mosque, community youths activities, have good relationship with your neighbours and school mates. All these little help like the food stuffs you need can be gotten from them.

eraglory:
Good morning sir!.

I recently got employed in a security agency. The take home is 60k. Two bit to be precise.

It wasn't easy getting this job, however I'm currently having a challenge.

Please, will it be possible to lease me some cash to procure foodstuffs till salary pay day?

I'm tired of being jobless for a very long time hence I don't wanna lose this job coz the economy is really harsh.

1 Like

Fastt: 6:43am On Nov 10, 2023
LandMann:


Your advice is not for the typical average Nigerian who doesn't fully understand how crypto works.

The best time to buy BTC and any other supposedly good crypto is "yesterday".

I'll only advise you to buy BTC if you understand that the value of your purchase can drop by 50-90% suddenly, and you'll have to hold such cryptocurrency for as long as it takes for it to return to it's initial value. You must also understand that your purchase can become totally worthless the next minute, and you need to be prepared to face the consequences of such event happening.

Most of the folks buying USDT today only know how to buy USDT because the process is relatively simple and the risk of losing your money is lower compared to investing in any unstable cryptocurrency, including Bitcoin.

You can't be running away from any unstable currency like Naira and immediately jump into another unstable but valuable currency like BTC. tears and regret will follow.

So let those holding USDT hold their USDT. They can save the USDT and earn interest on it on cryptocurrency exchanges. This is an opportunity the government is not giving to them by refusing to develop the country.


At bolded. USDT might be stable now, you don't know what might be coming.

All those ppl chasing 10% Apr on some stable coins few yrs' ago on blockfi, voyager, UST, FTX...either thrown out or starting over. This is not a race. Take time study where you put your life earnings.

Moving along, go get your nostr client set up. It's a decentralised social network. Get a Satoshi wallet. Keep posting and you get rewarded some Satoshi through lightening network.

If your income is limited, focus on Eth.

If your income is very limited, find other proven tokens that has not fully pumped.

For gamblers , follow community tokens. Those ones that make a lot of noise on social network. Throw some chicken change there. Don't go and throw big money cos when e reach to cash out you see no liquidity. Dem go use you chop clean mouth. Most ppl here shouting buy wiki cat, inu cat, na 10, 10 dollars dem dey put. If you like carry your big money enter those trades. On your own! Your money is gone.

We are here to make money, if naira like make him reach 5000 per dollar, e no consign me. Better for me, na to come Una village come carry plenty oyoryor in dollar value. As we never reach our 5million USD, na to use the small profit chaing in naira take hold body.

My irman, I no get your strength abeg, go find deflower argue with him. Don't ping me again except you get business for me. No be me be Tinubu.

2 Likes

Spiritualizt: 7:48am On Nov 10, 2023
The market is moving from a BTC to Ethereum and from Ethereum it will move to other ALTs network connected to Ethereum, Stader is showing strength now among the top 10 Ethereum staked protocol above Ankr with just 24million Mcap.

GRACEGLORY: 9:02am On Nov 10, 2023
GRACEGLORY:




SOL Dominance.

A blow off top coming

Bunsenbun(m): 10:24am On Nov 10, 2023
Ooooof... What are you all gambling on lately?
SINisSIN(m): 10:36am On Nov 10, 2023
Do you want to the gamblers?

Bunsenbun:
Ooooof... What are you all gambling on lately?
Ekehwinz: 10:58am On Nov 10, 2023
Bunsenbun:
Ooooof... What are you all gambling on lately?

Man city over 5.5 this weekend
Banned: 11:37am On Nov 10, 2023
Fhaze:


Not advisable because buying crypto on binance can make nigerian banks freeze you funds.


Looks like you don't understand how it will work. There are actually several ways to go about moving USDT from Binance to a dorm . It is not going to be as direct as you think.
oladele239(m): 12:03pm On Nov 10, 2023
coins you must have as we go into the bull season
bnb
twt
sol
doge
egld


most important of all btc

1 Like

Truthshscrazy: 1:00pm On Nov 10, 2023
Source: cointelegraph.
Binanace Russia has just been sold to COMMEX Abi what's the name again .
You have to on the platform for rubles P2P to binsnce.
In the nearest future, details of all Russian s on Binsnce will be automatically transferred to COMMEX crypto trading platform

1 Like 1 Share

Luada(m): 3:38pm On Nov 10, 2023
Guys i need answer, it about gas coin i want to go into a future contract with gas coin.

But it now 60% trading at 27 usdt yesterday it was 20 usdt so i wanted to ask if i enter a future contract and the percentage drops to 1% but it trading at 30 usdt will i loose.
Banned: 4:42pm On Nov 10, 2023
Luada:
Guys i need answer, it about gas coin i want to go into a future contract with gas coin.

But it now 60% trading at 27 usdt yesterday it was 20 usdt so i wanted to ask if i enter a future contract and the percentage drops to 1% but it trading at 30 usdt will i loose.

If you don't fully understand futures trading, don't trade. You will continue to lose money.

Go and learn first.

3 Likes

Luada(m): 5:32pm On Nov 10, 2023
Banned:


If you don't fully understand futures trading, don't trade. You will continue to lose money.

Go and learn first.

I understand the basics am aware when the percentage of a coin drops your roi drops, that means your capital drops.

What i want to know if it is risky to place a future trade now or wait for it to drop by percentage.
Eaglepixel: 5:35pm On Nov 10, 2023
.

1 Like

Sibbb: 5:43pm On Nov 10, 2023
I quit !

1 Like

twosquare(m): 5:44pm On Nov 10, 2023
Luada:
Guys i need answer, it about gas coin i want to go into a future contract with gas coin.

But it now 60% trading at 27 usdt yesterday it was 20 usdt so i wanted to ask if i enter a future contract and the percentage drops to 1% but it trading at 30 usdt will i loose.
I hope you listened to him (Banned).

Go and learn thoroughly first. Time still dey.
twosquare(m): 5:45pm On Nov 10, 2023
Another coin to watch is $NEO, may pump after $Gas. Long-term hold.
armadeo(m): 6:06pm On Nov 10, 2023
Luada:
Guys i need answer, it about gas coin i want to go into a future contract with gas coin.

But it now 60% trading at 27 usdt yesterday it was 20 usdt so i wanted to ask if i enter a future contract and the percentage drops to 1% but it trading at 30 usdt will i loose.


Omo what I've lost on futures will make many shot their pants. Its a dangerous game. Be careful.

Last week sef. One wick came out of nowhere and wiped me out. On x5 leverage. That wick still shocck me till now. Quick wick and back to origins.

Futures is dangerous of you're not planned and fully prepared. I'm still heavy in loss.

As I said I'll be watching for now gathering my powder and go in only 3 to 5 coins that's all. It makes or breaks me.

All this many many coins destroys pick your coins and stick to them leave all the others.

1 Like

armadeo(m): 6:07pm On Nov 10, 2023
twosquare:
Another coin to watch is $NEO, may pump after $Gas. Long-term hold.

One of the coins on my view. I've been watching it and waiting for a reset. Neo that is.


I know that one trade will bring back all my losses. Just one

1 Like

twosquare(m): 6:21pm On Nov 10, 2023
Only holders make more money. Position trading on a good coin can clear all your losses and make you very profitable. It is just a game of patience.
armadeo:


One of the coins on my view. I've been watching it and waiting for a reset. Neo that is.


I know that one trade will bring back all my losses. Just one

1 Like

Banned: 6:44pm On Nov 10, 2023
Luada:


I understand the basics am aware when the percentage of a coin drops your roi drops, that means your capital drops.

What i want to know if it is risky to place a future trade now or wait for it to drop by percentage.


You haven't understood anything. You shouldn't even start trading if you don't know risk management. Nobody is supposed to tell you how to manage your risk.

2 Likes

Luada(m): 7:05pm On Nov 10, 2023
twosquare:
I hope you listened to him (Banned).
Go and learn thoroughly first. Time still dey.
Yes that noted
Chikacha: 7:34pm On Nov 10, 2023
SINisSIN:
Learn to associate yourself with good people offline....... All these little help like the food stuffs you need can be gotten from them.



shocked You cannot be serious! cheesy
moshuur(m): 7:37pm On Nov 10, 2023
Luada:


I understand the basics am aware when the percentage of a coin drops your roi drops, that means your capital drops.

What i want to know if it is risky to place a future trade now or wait for it to drop by percentage.

U still don't understand the basic (as much as u think u do)...ur last question shows this.
If u are hellbent on futures, atleast learn about and resistance (I hope u do....if not,...)

1 Like

GRACEGLORY: 8:45pm On Nov 10, 2023
GRACEGLORY:





SOL having a resistance @the $35. If this resistance doesn't cause a slight correction to the downside, SOL will climb to the $55


Now at resistance the $55

9 Likes 1 Share

nna777: 11:29pm On Nov 10, 2023
armadeo:



Omo what I've lost on futures will make many shot their pants. Its a dangerous game. Be careful.

Last week sef. One wick came out of nowhere and wiped me out. On x5 leverage. That wick still shocck me till now. Quick wick and back to origins.

Futures is dangerous of you're not planned and fully prepared. I'm still heavy in loss.

As I said I'll be watching for now gathering my powder and go in only 3 to 5 coins that's all. It makes or breaks me.

All this many many coins destroys pick your coins and stick to them leave all the others.

In futures, the best time to open a long position is when others are fearful and short when others are greedy. Anything in between, you become an obvious target.

I have closed my long position (although too early but I made good returns). Am patiently waiting for the 40k range to start opening shorts.

1 Like

GRACEGLORY: 11:44pm On Nov 10, 2023
GRACEGLORY:
If only you know what's going on these blockchains:

SOLANA
POLKADOT
SHIBARIUM

& This Oracle:
LINKCHAIN

You won't sleep on them...


Some blockchains, coins, and tokens may be silent, but they're gathering momentum. Holochain



You've seen SOL, & Link move, wait for DOT & SHIB.

Gd nyt

2 Likes

damiloladuke: 1:52am On Nov 11, 2023
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eraglory: 6:41am On Nov 11, 2023
SINisSIN:
Learn to associate yourself with good people offline. You can't tell me all the people you know offline are like you....hummm. Be active in church, mosque, community youths activities, have good relationship with your neighbours and school mates. All these little help like the food stuffs you need can be gotten from them.

Advice taken seriously.
Luada(m): 9:01am On Nov 11, 2023
Will gas pump again

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