Altcoins Talks - Cryptocurrency Forum
Local => Nigerian Languages => Topic started by: Thyplaymaker on December 10, 2023, 03:17:02 PM
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I just say make I drop this one. Like literally with style long term investment still win am oh.
Back then I newly started this crypto journey, with just little knowledge about it. So I was only speculating. (short term investment)
There's was this coin like dey newly launched on binance exchange back then. So the coin was doing well so it drag my interest and back then I don't make use of stop loss that much so. I buy the coin d funny thing nah d coin be dey give small profits. Omo greed nor good oh for trading matter.
So I left d coin so that e can give me good profit. So the previous d coin dip at first was 20$ nah I use tey buy am so I buy join the coin again with another 20$ Omo who send me. D coin dip again I con Shey make I leave am e go rise again.
Omo Las Las the coin carry 40$ go around 21$ nah body tell me. I con Shey make I cut loss the coin con even die the more after cutting loss.
Nah this one con pay me pass few months later. This period of bullish momentum d coin beat the price make I tey buy am :'(
If nah Shey I dey patients enough or I research well before jumping into the coin like that I wouldn't have accumulate any loss
So before doing any investment make u study about am well first, mostly those coin make nor dey among the main coins.
I learn with experience and it wasn't a friendly way. So this forum use d knowledge wey dey wisely and to your advantage make experience nor go teach u too
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I think wen it cums to investment in crypto currency, i dey always advice say make person get other sources of income so that their investment fit last. Na wen money no dey, person go wan dey remove small coin wey e buy. Long term investment is de best.
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I think wen it cums to investment in crypto currency, i dey always advice say make person get other sources of income so that their investment fit last. Na wen money no dey, person go wan dey remove small coin wey e buy. Long term investment is de best.
Lol exactly so that if hand dey meet am e nor go enter that funds he or she invested that why is always advisable to also other sources of incomes
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Omo all these Altcoin tokens don show me serious pepper so tay I decide I no go ever in est for them again, if I open mouth talk howuxh I don throw away because of scam tokens, chaii them don chop me use me do father Christmas when I been still start this crypto journey, the thing make me almost give up say I no do again but I just zero mind and decided to dey invest for Bitcoin. Normally Bitcoin no be like other investments oo but at least I get assurance say them no go scam me and even if na in the next 50 years, my investment dey safe and na wetin matter pass.
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I think wen it cums to investment in crypto currency, i dey always advice say make person get other sources of income so that their investment fit last. Na wen money no dey, person go wan dey remove small coin wey e buy. Long term investment is de best.
Normally investment na something u need to dey patient for no be something you go dey rush, if you wan do investment you need to attach am with one source of income so that you no go put yourself for depression. And if you wan do investment no go put big money, try dey put money wey you know sey you fit loss wey you no go too feel am.
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I think wen it cums to investment in crypto currency, i dey always advice say make person get other sources of income so that their investment fit last. Na wen money no dey, person go wan dey remove small coin wey e buy. Long term investment is de best.
Normally investment na something u need to dey patient for no be something you go dey rush, if you wan do investment you need to attach am with one source of income so that you no go put yourself for depression. And if you wan do investment no go put big money, try dey put money wey you know sey you fit loss wey you no go too feel am.
True talk, because if you no attach your investment with any alternate source of income, anytime e choke you, e go dey do you to comot money from your investment and e no good to dey touch money wey you don invest.
Investment money na money wey be say you go just forget am dey allow am to mature and the more you dey touch am the more the value of your investment dey reduce
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Nah this one con pay me pass few months later. This period of bullish momentum d coin beat the price make I tey buy am :'(
If nah Shey I dey patients enough or I research well before jumping into the coin like that I wouldn't have accumulate any loss
So before doing any investment make u study about am well first, mostly those coin make nor dey among the main coins.
I learn with experience and it wasn't a friendly way. So this forum use d knowledge wey dey wisely and to your advantage make experience nor go teach u too
While HODLing is better for beginners than trading, swing trading is better than day trading, I advice beginners to either HODL or practice swing trading but in all these especially in HODLing, it is better to do proper research before sticking to HODLing a coin since some coins especially meme coins don't have any chance of getting back to their Ath that's why it is better to stick with Bitcoin some possibly better altcoins I really trust is Ethereum and Solana
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One thing about trading and most of the Altcoin be say e dey very unpredictable, no matter the kind strategy u use, we no go fit tell how the outcome go be. So na investment base on luck, u no go blame ur self, what if e no come turn rugged wey be say u no come sell? All this Altcoins investment na base on 50/50.
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One thing about trading and most of the Altcoin be say e dey very unpredictable, no matter the kind strategy u use, we no go fit tell how the outcome go be. So na investment base on luck, u no go blame ur self, what if e no come turn rugged wey be say u no come sell? All this Altcoins investment na base on 50/50.
That's true that why most people like to base on Bitcoin, but some nice altcoins still dey sha. That before any investment do proper research make you nor go hold wrong projects.
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I learn with experience and it wasn't a friendly way. So this forum use d knowledge wey dey wisely and to your advantage make experience nor go teach u too
Na better talk u talk so guy. Long term investment na e be the better investment for person wey never still understand bitcoin well. The long term hodl go good pass as e dey easier and less stress full for u. No need to dey monitor market unlike short term holders. Many people dey believe say na trading na e clear pass, but Omo d road hard die and stressful.
That's true that why most people like to base on Bitcoin, but some nice altcoins still dey sha. That before any investment do proper research make you nor go hold wrong projects.
Many of these altcoins na scam and e no good make u invest put if u no understand am.sha some better ones dey but e go good make u first do ur research well make u no go invest for watin u go regret later put.
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There is no greed about it instead you are an investor risk bearer which is what is cordially demanded on the crytop industry.
The market mustn't go according to your will and I am sure you were aware about the potential volatility of cryptocurrencies before you started the journey.
So your readiness to undertake financial risks is always made mandatory a biased marketing value could be emotionally handled.
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Investment can be tricky most times that's y it's advisable to DYOR not just any kind of research but thorough one.
After Investment, you shouldn't just relax but stay updated to every news available based on the crypto you are into.... with these even if there will be a dip you would be rest assured if it's going to pump again or opting-out might be the best option
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Lolz!! Those who never chop he no dey invest in cryptocurrency because hungry set go make sell di coin and chop am. And one important thing in cryptocurrency investment is that it is good you invest when the price is low and you have to wait patiently for a long period of time, and one thing we have to know in this cryptocurrency investment is that when you invest in altcoins, and as you dey monitor the coins market price, also check Bitcoin price with am because they follow di footsteps of Bitcoin. Don't rush to sell though there is risk in altcoins make more research and invest them wait for years to ripe up.
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Wetin just dey there be say you need to be careful with altcoin investment because there are many coin today that are being launched in exchange but without knowing that it's manipulation one, you can just enter the market within 78hrs you would noticed that the project is dumping on you after investors has took their profits most at times it's hard for project owners to revive the entire project because there strength were solely on investors.
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Normally investment nah good business, long-term investment sure wella ,nah something we be say if money day nah to invest am in coin for a long period of time and also have some other business or job you're using to sustain and to run 🏃♀️ your day to day activities
When person done invest in coin you have to be patient for a very long period to enable the coin grow wella so that you go enjoy am for the future purposes
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Omo all these Altcoin tokens don show me serious pepper so tay I decide I no go ever in est for them again, if I open mouth talk howuxh I don throw away because of scam tokens, chaii them don chop me use me do father Christmas when I been still start this crypto journey, the thing make me almost give up say I no do again but I just zero mind and decided to dey invest for Bitcoin. Normally Bitcoin no be like other investments oo but at least I get assurance say them no go scam me and even if na in the next 50 years, my investment dey safe and na wetin matter pass.
Unto say nah altcoin forum we Dey, I nor Dey like too talk anything bad against them cause most of them for here de support am – some even get their own project but base on say nah local board be this I sure say I fit yarn wetin Dey my mind.
For altcoin if you nor sabi do research (sometimes even the research de fail man too) you go too collect, people yus Dey when be say nah how dem wan take run one project make dem for fit drain investors pocket dem Dey look for.
Another thing, wey some people for de mistake be say dem Dey think say altcoins nah for long term investment. Nah only few altcoins I don see say those wey just first enter really make am big – but the rest of them, once the price drop he nor go rise again.
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For altcoin if you nor sabi do research (sometimes even the research de fail man too) you go too collect, people yus Dey when be say nah how dem wan take run one project make dem for fit drain investors pocket dem Dey look for.
Another thing, wey some people for de mistake be say dem Dey think say altcoins nah for long term investment. Nah only few altcoins I don see say those wey just first enter really make am big – but the rest of them, once the price drop he nor go rise again.
We don dey tell people well well for di cryptocurrency world say if dem want to invest in any altcoins let know some setting things concerning di coin. The community knowledge about the coin, which is the people wey know di coin whether dem dey plenty and the people wey dey use whether dem dey plenty den di market cap of the coin. You go check if di coin go get life in di later run in the cryptocurrency ecosystem and dis na some di basic things to know before going into do investment. Some people dey consider di duration of the project but dat one has nothing to do with success and collapse of the project. They can collapse at anytime whether long or short.
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I think wen it cums to investment in crypto currency, i dey always advice say make person get other sources of income so that their investment fit last. Na wen money no dey, person go wan dey remove small coin wey e buy. Long term investment is de best.
Yeah you have a points because one of the things that makes people to tamper with there investment is the inability to have a reserve fund because the only way for our investment to save from unnecessary removal of some amounts is only when we have other source of income.
Perhaps this is one of the reasons why is also good for investors to use DCA strategy in times of Bitcoin because that's the only way to be free from unforseen circumstances that may arise along the line because with DCA strategy you can be able to accumulate Bitcoin a little by little with the little amount you can afford so with this you can hardly ran out of funds.
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Op your topic come dey won kind for me today oh
Nothing like long-term investment
, and weti you come talk na long term investment and you come regret say you no Wait patiently for long time. Dat is by the way, there is nothing like long term in investment with bitcoin or altcoins all is good for the long term. And another thing wey dey make person dey impatient be say, them no dey do another thing to support themselves so that the investment go dey there dey mature. But as nothing dey we must chop.
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Op your topic come dey won kind for me today oh Nothing like long-term investment
, and weti you come talk na long term investment and you come regret say you no Wait patiently for long time. Dat is by the way, there is nothing like long term in investment with bitcoin or altcoins all is good for the long term. And another thing wey dey make person dey impatient be say, them no dey do another thing to support themselves so that the investment go dey there dey mature. But as nothing dey we must chop.
Before you even think of starting investment, you no suppose know say na you gats get watin you go use support yourself so that temptations no go come? Investment na something wey dey build overtime and there is no magic that is involved way go make blow overnight, so all the necessary things wey need dey in check for don dey ready because na the patient dog nai dey eat the fatest bone ooo and again some people self fear follow dey make them sell their coins off during the short dip wey fit happen for the market.
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Omo all these Altcoin tokens don show me serious pepper so tay I decide I no go ever in est for them again, if I open mouth talk howuxh I don throw away because of scam tokens, chaii them don chop me use me do father Christmas when I been still start this crypto journey, the thing make me almost give up say I no do again but I just zero mind and decided to dey invest for Bitcoin. Normally Bitcoin no be like other investments oo but at least I get assurance say them no go scam me and even if na in the next 50 years, my investment dey safe and na wetin matter pass.
I swear for the last halving, I claim airdrops sotey I almost change my name to airdrop boy. almost all of them no get value till today, I just loose better money for the gas fees wey I dey take claim them back then. I been think say I dey build better portfolio, but I no know say I just dey enrich yahoo boiz. I have promised myself that I can never pay gas fees for any airdrop again, but I still dey observe prominient altcoins wey I go invest into join my bitcoin investment. what do you guys think about this new Ice coin wey almost everybody don dey mine, they listed on okx exchange recntly, do you think its promising?.
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Omo all these Altcoin tokens don show me serious pepper so tay I decide I no go ever in est for them again, if I open mouth talk howuxh I don throw away because of scam tokens, chaii them don chop me use me do father Christmas when I been still start this crypto journey, the thing make me almost give up say I no do again but I just zero mind and decided to dey invest for Bitcoin. Normally Bitcoin no be like other investments oo but at least I get assurance say them no go scam me and even if na in the next 50 years, my investment dey safe and na wetin matter pass.
I swear for the last halving, I claim airdrops sotey I almost change my name to airdrop boy. almost all of them no get value till today, I just loose better money for the gas fees wey I dey take claim them back then. I been think say I dey build better portfolio, but I no know say I just dey enrich yahoo boiz. I have promised myself that I can never pay gas fees for any airdrop again, but I still dey observe prominient altcoins wey I go invest into join my bitcoin investment. what do you guys think about this new Ice coin wey almost everybody don dey mine, they listed on okx exchange recntly, do you think its promising?.
😂 this quite funny said almost change his name to airdrop boi. Nah so the system just beost airdrop nah to just false hope. And the funny thing the hyping wey dey back am ehnn. Most of this are just time wasting that why back then I was trying to base on it I don't always put my hope high in it, because sometime it can be very frustrating seeing a large bounce of useless coin on your wallet that got no value. Normally they might be legit ones at there but it's never easy to find.
what do you guys think about this new Ice coin wey almost everybody don dey mine, they listed on okx exchange recntly, do you think its promising?.
I will say it's not bad lately their performance as being okay. I myself I'm even mining Ice I stop for a while back then so I just started my mining again not quite long so far have gathered some nice quantities, so the fact was listed on okx have dragged alot of individual interest.
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If you are not investing in bitcoin, then you should know that you must make a proper research on the coin which you want to invest on so that you don't end up investing your money on the wrong coin, that will be valueless at the end of the day. If you already know that the coin is reliable, then it is better you invest and be patient with your investment so that you it can yield you a good profit. No patience, no huge profit. However, me na only bitcoin I dey invest on.
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For sure long term project naim sure pass. Unlike short term holding wey get higher risk pass long term holding, and somekind times na long term holding naim dey profit pass. If we dey talk about the baba of all coin, Bitcoin na those wey don dey hold since naim get upper hand pass some persons wey just start because them don follow Bitcoin grow. ND one Important thing na to just get patience, if you get patience you go really enjoy your investment after a long period of time.
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I like long term investment whether in cryptocurrency or other investments. Long term gives you time to relax and it gives more profit. In terms of cryptocurrency, those that bought coins when their prices were cheap intend to keep them till now. The profit will be huge.
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For sure long term project naim sure pass. Unlike short term holding wey get higher risk pass long term holding, and somekind times na long term holding naim dey profit pass. If we dey talk about the baba of all coin, Bitcoin na those wey don dey hold since naim get upper hand pass some persons wey just start because them don follow Bitcoin grow. ND one Important thing na to just get patience, if you get patience you go really enjoy your investment after a long period of time.
Indeed short term projects are usually associated with more risk when compared to long term term project. Let take bitcoin for example, in the entire crypto space, Bitcoin is the most trusted coin and it a long term project, assuming it was a short term project maybe by 2011 it might not even exist again in the market, and those who have been holding Bitcoin for long can testify of the profit they've made so far from the coin. Though short term project can give a huge amount of profit within a limited time compared to long term project but the over all profit, long term is better than short term.
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Omo all these Altcoin tokens don show me serious pepper so tay I decide I no go ever in est for them again, if I open mouth talk howuxh I don throw away because of scam tokens, chaii them don chop me use me do father Christmas when I been still start this crypto journey, the thing make me almost give up say I no do again but I just zero mind and decided to dey invest for Bitcoin. Normally Bitcoin no be like other investments oo but at least I get assurance say them no go scam me and even if na in the next 50 years, my investment dey safe and na wetin matter pass.
Like you said you have suffered many loss from some altcoin investment, to me, this because you invested without little or more research about the tokens, no matter good you are in the system, some new projects are very dangerous for one to invest, so if you must be free from scam, research is the best thing to do, the world crypto is made up many scammers and we must beware of them.
For one not to be scammed, such person will avoid free aidrops or token, this is where the scamming stuff comes, they will twist your brain to the extent that if care is not taken you will fall for the cheap scam method, make sure you go for the one people know next time.
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I like long term investment whether in cryptocurrency or other investments. Long term gives you time to relax and it gives more profit. In terms of cryptocurrency, those that bought coins when their prices were cheap intend to keep them till now. The profit will be huge.
You used the word cryptocurrency which is a generic term. Not all investment in cryptocurrency is suitable for long term especially memecoins. They're short term projects, after investment if the memecoin pumps, quickly offload it if not you'll end up holding a bag of worthless token. It just quite a few of them that have survived over the years like dogecoin and shiba inu. If you want to hold a coin on long term basis, Bitcoin comes first, other coins like ETH, BNB, MATIC, solana etc, should be secondary.
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Nah this one con pay me pass few months later. This period of bullish momentum d coin beat the price make I tey buy am :'(
If nah Shey I dey patients enough or I research well before jumping into the coin like that I wouldn't have accumulate any loss
So before doing any investment make u study about am well first, mostly those coin make nor dey among the main coins.
Altcoin investment can be profitable if you buy the right coin at the right time and also sold at the right time too. There is always probability in the price pump and price dump of altcoins, so while investing, only invest the amount that will not give you some emotional problems when you loses.
Even if you had done a good research about the project, you might be convinced that it was going to be a successful project but the end result could be unexpected.
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Nah this one con pay me pass few months later. This period of bullish momentum d coin beat the price make I tey buy am :'(
If nah Shey I dey patients enough or I research well before jumping into the coin like that I wouldn't have accumulate any loss
So before doing any investment make u study about am well first, mostly those coin make nor dey among the main coins.
Altcoin investment can be profitable if you buy the right coin at the right time and also sold at the right time too. There is always probability in the price pump and price dump of altcoins, so while investing, only invest the amount that will not give you some emotional problems when you loses.
Even if you had done a good research about the project, you might be convinced that it was going to be a successful project but the end result could be unexpected.
you are actually right. You can make some good research and that particular coin might not go as your expectations which can be a bummer. Yeah if one can manage their emotions in investing or trading it would give them more advantage's in investing because due to fear alot of people have sold their asset in losses. Thinking that they have cut losses because the coin put their emotions to test but later on the coin end up increasing again.
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For sure long term project naim sure pass. Unlike short term holding wey get higher risk pass long term holding, and somekind times na long term holding naim dey profit pass. If we dey talk about the baba of all coin, Bitcoin na those wey don dey hold since naim get upper hand pass some persons wey just start because them don follow Bitcoin grow. ND one Important thing na to just get patience, if you get patience you go really enjoy your investment after a long period of time.
I support this your talk na long term really make sense pass and very profitable and less risk but na how patient you dey na e matter pass.
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I just say make I drop this one. Like literally with style long term investment still win am oh.
Back then I newly started this crypto journey, with just little knowledge about it. So I was only speculating. (short term investment)
There's was this coin like dey newly launched on binance exchange back then. So the coin was doing well so it drag my interest and back then I don't make use of stop loss that much so. I buy the coin d funny thing nah d coin be dey give small profits. Omo greed nor good oh for trading matter.
So I left d coin so that e can give me good profit. So the previous d coin dip at first was 20$ nah I use tey buy am so I buy join the coin again with another 20$ Omo who send me. D coin dip again I con Shey make I leave am e go rise again.
Omo Las Las the coin carry 40$ go around 21$ nah body tell me. I con Shey make I cut loss the coin con even die the more after cutting loss.
Nah this one con pay me pass few months later. This period of bullish momentum d coin beat the price make I tey buy am :'(
If nah Shey I dey patients enough or I research well before jumping into the coin like that I wouldn't have accumulate any loss
So before doing any investment make u study about am well first, mostly those coin make nor dey among the main coins.
I learn with experience and it wasn't a friendly way. So this forum use d knowledge wey dey wisely and to your advantage make experience nor go teach u too
Omo my bro this matter no be lie ooo last year sef I was introduced to a cheat coin Omo I never to understand all this crypto matter na so the person say them go lunch am once he go $1 Omo I go hit better profit, after I buy coin for my trust wallet lunch time reach I still dey wait up till now coin no gree raise all is lost before I never make any profit and no prediction that the coin will raise again Omo I just taya try dey ask questions well before you jump inter crypto.
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For altcoin I want advise anyone to hold for long except for reputable coin such as ETH BNB Solana matic other some top 20 coin. For a newly listed coin or new birth project I don't encouraging people to hold for long period because you never can tell the plans of the project owner if they really mean to running the project continually. Bitcoin is safest for long time investment so also learned to diversify your portfolio.
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Yes ooo, experience na the best Answer, assuming you dey patient you could have earn enough and also get back the ones way you done lost, that's why he good make person that another source If you loss there you go earn for another place, that's why we should be like a patient Tortoise that believe for him small move he go still reach the far destination. Even with us small move.
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In terms of cryptocurrency, those that bought coins when their prices were cheap intend to keep them till now. The profit will be huge.
This is not always true for all coins - most especially when you’re dealing with altcoins, long term investment tends to be very detrimental to you because most altcoins don’t return back to their all time high after they have experienced a dip.
But if you’re referring to bitcoin and a few other top dogs in crypto then long term is more preferable to short term.