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Crypto Currency Investors Thread - Investment (4496) - Nairaland 2ih6u

Crypto Currency Investors Thread (4675581 Views)

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Alexas58: 9:34am On May 10
I have been holding my XCN long trade for some days now

If we don’t get a major move today
I’ll reduce position or close half

Today’s daily closing would make me take a decision and I will also put a check on this trade, the next 8 hours would help me take a decision of if I’ll close all or allow it run.

If XCN does +12% today, I’ll allow the trade to run.

This is futures trading, not spot trading

Let me see if btc can hold or give us a dark cloud

With this fast pump, if you are holding trades that are in an uptrend, you can easily make money

I have tightened my stop loss in this trade, I have raised it from 0.14 to 0.145


My posts are for those that trade futures trading

Trade and think like a champion with Alexas58 Market direction

1 Share

Alexas58: 9:58am On May 10
Small yansh Dey shake oooo
XCN is wasting my time

Put your money where your mouth is.

I close it and align with jasmy short!

I short jasmy.

If BTC sneeze small today or tomorrow

Anything this trade gives me, I’ll happily take it .



Trading crypto with Alexas58 market direction

Trade and think like a champion.

1 Like 1 Share

iLegendd(m): 10:02am On May 10
PinkNature:
I’ve been trying hard to understand your teachings but it still beats my comprehension. I’m a newbie
That's advance info.

As a newbie, focus on knowing

1. BTC 4 year cycle and how each year behaves
2. When to buy/sell on spot, not futures
3. and resistance
4. Candlestick and chart pattern
5. Market structure
6. Risk management and psychology
7. Fundamentals and tokenomics
8. And volume

The above are what you need to master before expanding.


Below is ChatGPT's own.

For a new crypto trader, mastering the basics is crucial before diving into trades. Here's a structured foundation to build on:

1. Core Concepts

Blockchain & Crypto Fundamentals: Understand how blockchain works, what cryptocurrencies are, and the difference between coins (e.g., BTC, ETH) and tokens (e.g., LINK, UNI).

Wallets & Security: Know the difference between hot wallets (online) and cold wallets (offline), private keys, seed phrases, and basic security hygiene.

2. Market Structure

Exchanges: Learn how centralized exchanges (like Binance) differ from decentralized ones (like Uniswap).

Order Types: Master market orders, limit orders, stop-loss, and take-profit functions.

Trading Pairs: Understand base vs. quote currencies (e.g., ETH/USDT).

3. Risk Management

Position Sizing: Never risk more than 1–2% of your capital per trade.

Leverage Caution: Leverage amplifies gains and losses—avoid until you're experienced.

Diversification: Don't go all in on one coin or sector.

4. Technical Analysis (TA) Basics

Chart Reading: Candlesticks, /resistance, trendlines.

Indicators: Start with RSI, MACD, moving averages—get comfortable before using complex tools.

Volume Analysis: Price action without volume context is incomplete.

5. Trading Psychology

Discipline > Emotions: Greed and fear kill more s than bad calls.

FOMO & FUD: Learn to recognize and resist both.

Plan & Journal: Always trade with a strategy and record everything you do.

6. Fundamental Awareness

Tokenomics: Understand supply, inflation/deflation, use case, team, and roap.

News Impact: Regulations, hacks, partnerships, and macro events can shift markets.

11 Likes 3 Shares

PinkNature(m): 10:45am On May 10
iLegendd:
That's advance info.

As a newbie, focus on knowing

1. BTC 4 year cycle and how each year behaves
2. When to buy/sell on spot, not futures
3. and resistance
4. Candlestick and chart pattern
5. Market structure
6. Risk management and psychology
7. Fundamentals and tokenomics
8. And volume

The above are what you need to master before expanding.


Below is ChatGPT's own.

For a new crypto trader, mastering the basics is crucial before diving into trades. Here's a structured foundation to build on:

1. Core Concepts

Blockchain & Crypto Fundamentals: Understand how blockchain works, what cryptocurrencies are, and the difference between coins (e.g., BTC, ETH) and tokens (e.g., LINK, UNI).

Wallets & Security: Know the difference between hot wallets (online) and cold wallets (offline), private keys, seed phrases, and basic security hygiene.

2. Market Structure

Exchanges: Learn how centralized exchanges (like Binance) differ from decentralized ones (like Uniswap).

Order Types: Master market orders, limit orders, stop-loss, and take-profit functions.

Trading Pairs: Understand base vs. quote currencies (e.g., ETH/USDT).

3. Risk Management

Position Sizing: Never risk more than 1–2% of your capital per trade.

Leverage Caution: Leverage amplifies gains and losses—avoid until you're experienced.

Diversification: Don't go all in on one coin or sector.

4. Technical Analysis (TA) Basics

Chart Reading: Candlesticks, /resistance, trendlines.

Indicators: Start with RSI, MACD, moving averages—get comfortable before using complex tools.

Volume Analysis: Price action without volume context is incomplete.

5. Trading Psychology

Discipline > Emotions: Greed and fear kill more s than bad calls.

FOMO & FUD: Learn to recognize and resist both.

Plan & Journal: Always trade with a strategy and record everything you do.

6. Fundamental Awareness

Tokenomics: Understand supply, inflation/deflation, use case, team, and roap.

News Impact: Regulations, hacks, partnerships, and macro events can shift markets.
Ok thank you. I’ll dedicate the remainder of this year studying crypto.

3 Likes

BTroMax(m): 10:55am On May 10
yemmit90:
Bitcoin has already ticked all boxes to indicate a real bull run. It now achieved the latest one (market stability). What makes a real bull run is market stability in which we are currently seeing.

The whale that SHORT with $35 million has got liquidated. If it ever go down below $98k, then it is no longer a bull run but manipulation by big players.

My advise, whether bull run or mere manipulation, always follow the run with stop loss.


...on point ✅

iLegendd(m): 11:08am On May 10
PinkNature:
Ok thank you. I’ll dedicate the remainder of this year studying crypto.

You won't regret it. Though, there will be lots of failures on the way, but if your emotions is in check from day one, you won't experience it as much as others.

The 4-5 news skills now is

1. Crypto/digital asset trading/investment
2. AI prompt engineering
3. Farming and plant grafting
4. Evergreen content creation (but your social media s may get banned when you least expect it, so don't make this one your #1 choice, but 4th).
5. Others (real estate and manufacturing).

If you're into any of these, your future is safe. Being into 4 or 5 of them is the ultimate diversification, but one step at a time and be a specialist in one before branching.

13 Likes 1 Share

sweetveek(m): 11:16am On May 10
One thing is sure this month, btc will make a new ath

1 Like

SmallDick99(m): 11:19am On May 10
I have finally figured out what Bitcoin is trying to do.

Bitcoin won't go beyond the 109k level.
Firstly, Bitcoin will go down from this level to 88k, 89k then back to 100k level again to create a double top, and then finally to 70k before the main bull season starts.

This is certain!
Write this down!

6 Likes

Firebox123(m): 11:23am On May 10
grin
SmallDick99:
I have finally figured out what Bitcoin is trying to do.

Bitcoin won't go beyond the 109k level.
Firstly Bitcoin will go down from this level to 88k then back to 100k level again to create a double top, and then finally to 70k before the main bull season starts.

This is certain!
Write this down!

1 Like

PinkNature(m): 11:26am On May 10
iLegendd:


You won't regret it. Though, there will be lots of failures on the way, but if your emotions is in check from day one, you won't experience it as much as others.

The 4-5 news skills now is

1. Crypto/digital asset trading/investment
2. AI prompt engineering
3. Farming and plant grafting
4. Evergreen content creation (but your social media s may get banned when you least expect it, so don't make this one your #1 choice, but 4th).
5. Others (real estate and manufacturing).

If you're into any of these, your future is safe. Being into 4 or 5 of them is the ultimate diversification, but one step at a time and be a specialist in one before branching.
Noted them. The goal ultimately is wealth
SmallDick99(m): 11:33am On May 10
Firebox123:
grin
What's the meaning of this photo?

Better go and short Bitcoin now, let your Liquidation point be above 109k and thank me later in the next two months cheesy
Born2conquer: 11:38am On May 10
Born2conquer:

My prediction also! I am ready to sell around 96 to 97k and that’s all
I gats leave crypto now, I told you all I am the one holding crypto grin I sold at 96k and it has been pumping since then lol

If I buy back today, dip go sup

1 Like

santos123(m): 11:50am On May 10
Your story is a bit confusing. I where you mentioned buying plots of land after cashing out from eth. When did you start with $200 usd? Maybe, I misunderstood you.
Chikacha:

I started with 200 USD after losing my entire portfolio to a scam in 2021. Despite that, I managed to send my siblings abroad and their education, all while I was still in school myself. I got a brand-new car that fits my length and a home. A lot turned to ashes too, especially altcoins.

But because I know how much more I can make, I've been living way below my means and investing heavily. This has made me appear like I'm doing worse than my peers. The weight of what I have..while keeping it all to myself, has been messing with my mind. It hurts deeply to watch those I had in mind to sacrifice for and succeed for, treat me like a loser, straight in my face. And now, on top of it all, BTC has started running.

I don't know...

4 Likes

MercySpeak(m): 12:08pm On May 10
Boss please I dey Zk with you. What visible target price exactly you're looking to exist. I only have zk and in small profit now though.

GRACEGLORY:



It is advisable to purchase ZK at its low price, as there is significant potential for appreciation. Consider the possibility of ZK reaching $1. Spot and chill; once Ethereum enters a bullish phase, ZK is will experience substantial growth.

1 Like 1 Share

iLegendd(m): 12:15pm On May 10
PinkNature:
Noted them. The goal ultimately is wealth

Yes, but deeply, the goal is solutions to people's problems, joy to you and the by-product is wealth.

5 Likes

iLegendd(m): 12:17pm On May 10
Born2conquer:

I gats leave crypto now, I told you all I am the one holding crypto grin I sold at 96k and it has been pumping since then lol

If I buy back today, dip go sup
cheesy 90% of people feel this way until they have a good strategy.

4 Likes

Firebox123(m): 12:29pm On May 10
SmallDick99:
What's the meaning of this photo?

Better go and short Bitcoin now, let your Liquidation point be above 109k and thank me later in the next two months cheesy
https://nairaland.unblockandhide.com/godfearer62

Beware of this Moniker anywhere in nairaland please 🙏

He's the same person as Stephen ayantoye the notorious scammer on nairaland

Dominique take note

Heroclitus(m): 12:31pm On May 10
A305:
That must be one baddazz strategy you have there man. Salute to you brotherly.

In my book, Shorting is riskier than longing but your killing it softly. Well done.

Good morning, bro. I went through most of your posts and was convinced to ask this

Do you think Copying trades from Bybit copytraders is an effective way to earn ively too? Especially those with low drawdowns and high win rate?

Been given Crypto arbitrage a thought but it's hard to execute between highly reliable exchanges as the prices are mostly same and I no wan use those unknown exchange, make my money no hook


Your input will go a long way, Boss
SeeWahala: 12:41pm On May 10
Heroclitus:


Good morning, bro. I went through most of your posts and was convinced to ask this

Do you think Copying trades from Bybit copytraders is an effective way to earn ively too? Especially those with low drawdowns and high win rate?

Been given Crypto arbitrage a thought but it's hard to execute between highly reliable exchanges as the prices are mostly same and I no wan use those unknown exchange, make my money no hook


Your input will go a long way, Boss

Hmm 🤔 this moniker is familiar, isn't this the CyrusVI? the EmperorCeasar? The small boy who said he is ing tilumbu because it is like how people their favorite football ⚽ clubs? shocked

So you want to do crypto now? okay 😊👌 good luck 🤞
Alexas58: 12:45pm On May 10
Alexas58:
Small yansh Dey shake oooo
XCN is wasting my time

Put your money where your mouth is.

I close it and align with jasmy short!

I short jasmy.

If BTC sneeze small today or tomorrow

Anything this trade gives me, I’ll happily take it .



Trading crypto with Alexas58 market direction

Trade and think like a champion.

Jasmy coin closed for little profit

sweetveek(m): 12:48pm On May 10
SmallDick99:
I have finally figured out what Bitcoin is trying to do.

Bitcoin won't go beyond the 109k level.
Firstly, Bitcoin will go down from this level to 88k, 89k then back to 100k level again to create a double top, and then finally to 70k before the main bull season starts.

This is certain!
Write this down!
we're not going to see 96k this month not to talk of 88k. the people that bought btc last month and pumped it day b4 yesterday know something most people don't know

5 Likes

Valwezzy: 1:24pm On May 10
cmoney22222:
Make we laugh small as everywhere don dey green. Lol

Abi are you a married man doing crypto to?

I no want wahala ooo


I never marry, you go give me wife?😄

1 Like

A305: 1:28pm On May 10
Heroclitus:


Good morning, bro. I went through most of your posts and was convinced to ask this

Do you think Copying trades from Bybit copytraders is an effective way to earn ively too? Especially those with low drawdowns and high win rate?

Been given Crypto arbitrage a thought but it's hard to execute between highly reliable exchanges as the prices are mostly same and I no wan use those unknown exchange, make my money no hook


Your input will go a long way, Boss
in all honesty, I am not in best position to advice you on this matter as I don't really have convincing insights on what copy trading is.

I only speak or advise on what I know and what I have done my due diligence on; Copy trading is not one of them. And it would be unfair to advise you blindly just to want to sound intelligent at the expense of you losing money. Do you own research sir.

2 Likes

Born2conquer: 1:46pm On May 10
iLegendd:
cheesy 90% of people feel this way until they have a good strategy.
I think I need to find a strategy for myself because what’s the odd that it pumped hard after I sold
Ebus03(m): 2:34pm On May 10
SmallDick99:
I have finally figured out what Bitcoin is trying to do.

Bitcoin won't go beyond the 109k level.
Firstly, Bitcoin will go down from this level to 88k, 89k then back to 100k level again to create a double top, and then finally to 70k before the main bull season starts.

This is certain!
Write this down!

Lol, Bitcoin will get get to 110k before this month ends

2 Likes

sweetveek(m): 2:40pm On May 10
Born2conquer:

I gats leave crypto now, I told you all I am the one holding crypto grin I sold at 96k and it has been pumping since then lol

If I buy back today, dip go sup
i thought you once said you only buy and hodl btc? Do you trade it now?
Eastcoastboy(m): 2:44pm On May 10
Chikacha:

I started with 200 USD after losing my entire portfolio to a scam in 2021. Despite that, I managed to send my siblings abroad and their education, all while I was still in school myself. I got a brand-new car that fits my length and a home. A lot turned to ashes too, especially altcoins.

But because I know how much more I can make, I've been living way below my means and investing heavily. This has made me appear like I'm doing worse than my peers. The weight of what I have..while keeping it all to myself, has been messing with my mind. It hurts deeply to watch those I had in mind to sacrifice for and succeed for, treat me like a loser, straight in my face. And now, on top of it all, BTC has started running.

I don't know...

Brooooo!
PinkNature(m): 2:56pm On May 10
iLegendd:


Yes, but deeply, the goal is solutions to people's problems, joy to you and the by-product is wealth.
How do you provide solutions to people through crypto?
Or do you mean something else?
Chikacha: 2:59pm On May 10
chival10:
You know the story sir. We keep working hard, hoping and praying for a breakthrough. Crypto bless you abundantly and massively
Amen, And you too.

1 Like

seanwilliam(m): 3:04pm On May 10
Graceglory please what’s your max and min target for crv?
Chikacha: 3:07pm On May 10
santos123:
Your story is a bit confusing. I where you mentioned buying plots of land after cashing out from eth. When did you start with $200 usd? Maybe, I misunderstood you.
someone took all my crypto and i lost all my crypto so I started again with 200 USD I started swinging and selling very small cryptos while buying and staking DOT and the Likes, There are some dead crypto i was swinging while in school. so yes. I Sold SOLANA and MOVR
XaToXi: 3:08pm On May 10
Heroclitus:


Good morning, bro. I went through most of your posts and was convinced to ask this

Do you think Copying trades from Bybit copytraders is an effective way to earn ively too? Especially those with low drawdowns and high win rate?

Been given Crypto arbitrage a thought but it's hard to execute between highly reliable exchanges as the prices are mostly same and I no wan use those unknown exchange, make my money no hook


Your input will go a long way, Boss

One thing you have to note is that copytrading stats are delayed by 24-48hrs so if you want to copy someone whose stats are green today, keep in mind that those gains are from 1-2 days ago. You can wait 2 days after a pump or dump to choose.

Targeting traders with low drawdown and high win rate is a good step. Also make sure they are in profit on their 30 days and 90 days stats as well, with a stability index of 4.5 or 5.

You can start with those with low initial investment. If you are satisfied with the results after 30-90 days you can invest more, but it might make sense to copy 10 people with $100 each than 1 person with $1000 at once : diversification.

5 Likes

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