₦airaland Forum

iLegendd:
No — any coin like that is the real definition of pnd. Stay away from it for the main time.

What I mean is: if a good coin has done at least 100%+ in the last 14 days, 100%+ in the last 30 days, 1,000%+ in the last 1 year, but the last 7 days is in red while the last 24h and 1h are in greens (but the green percentage is not too high), the coin is worth buying or at least, monitoring.

If you know TA, you can do your final check, but if you don't, no problem — buy it after a brief research and conviction.

The 7 days shouldn't be -100% — that is way too high of a dump and it's a bad sign.

What I explained above is TA, but in theoretical format; not with a chart.

I don't know if I ended up confusing you the more.

iLegendd:
Nothing much. Just that 14 days isn't up to +100%+ as I like it and 24 hrs isn't in green as I like it. 7 days, 1h, 30 days, and 1 year are as I want them.

I like to use this method on mostly old coins of 2018 and below, not 2020 and above. I want a coin that has a little history, not all these new coins.

I do trade new coins, but they have their strategies which involves fundamental, the team, the backing/support, the structure of the chart, and a good entry — to mention a few.

I like coins that grow organically like a staircase.

iLegendd:
KCS is almost qualified for that, but the 24h candle and the 14day candle is the issue. Dig for more.

IyaTola:
Law No 1

Buy when the Market is Red
Sell when the Market is Green

This is common sense... But most people end up FOMO'ing

You can't make money jumping from one coin to another

You end up using Peter's reward to Pay Paul's debt.

#NotAFinancialAdvice

mike8804:
lol, I started learning trading during bear season.. that a lot help me improve my anxiety and emotion imbalance.... law 1 always buy the support, law 2: never forget your stop loss and OCO order law 3 :never hope for a rise if the support didn't hold...other rules cost averaging, and diversification. it was self taught, I learnt mostly from my mistakes. from 150k to 20k, grew 20k to 400k. still learning and improving

iLegendd:
Try it first to see how big or small it can go, then come back and update the house. That's your little assignment.

iLegendd:
To newbies who don't know TA, there is a method I came up with and has never failed yet.

I pick a coin that has been in red for 7 days (consolidation), but 24h and 1h are in greens and ready to move again.

Also, before the coin qualifies, the past 14 days and 30 days must be in green and must be from +100 and above each. The last 1 year must be from +1,000 and above. (This proves the coin is in progress).

The moment this is true, I go in even without TA and I always come out victorious. Though, I know one day I'll come out with tears, but that's why I put what I can lose

See a pictorial representation from Coingecko of what I mean.

Reminder: If you aren't using The Crypto App as your alarm reminder, I wonder the kind village people that are after you.

That alarm is what saves my ass every single time. If the market is crashing, I'll know. If the market is rising, I'll know. If my coin is ready for harvest, I'll know without holding my phone or checking my phone. That's why I don't use stop loss.

In fact, I even bought a painless wireless bluetooth (earpeice) so that I'll be abreast with what's going on while I'm doing other things.

LG — Life's Good. Don't overstress yourself trying to check your screen blindly.

So, for the 7 day biggest losers list, research on the coins there and pick one that satisfies the measure on the picture below, then trade.

As we love to say, we don't give financial advice. Risk is upon yourself — blame no man.

fusionchimera:
I'm putting together a group of futures traders, to train to trade, for 10 days straight, you must be very conversant with TA

quote me if you're interested

sats:
If you missed the bnb train
Other trains you can catch

Kcs
Mxt
Wrx
1inch
Tko
Cro
Btmx

wizkitvick:
Can Btt do $1 latest the end of the year?

pa3k001:
For newbies......lemi teach a quick trick (to scalp 10-20% gains)

Study daily candles........day 1 (red candle).....day 2 red candle........day 3 red candle (buy on the day 3 red candle cos a reversal is iminent)
Some conditions though, when a coin was in a previous rally, preceeding large volumes and market is generally bullish.

Start from here. Then gradually learn the ropes......never panic


I may be wrong though. Markets can never be predicted.

SteveOfu:
Good morning

Next Pump will be announced soon

PeaceIlya:
You are never stuck, only stagnated. Stay in motion.Paper hands

pragmatistm:
WIN
BTT
TRX
Rebounced. I love this. Blessing to the HODLers.

A305:
Next time, do not buy dip until you confirm "consolidating" green candle at the end of seemingly bullish day after the bearish days.

You would have saved your money and not fall for the "buy the dip" soothsayers/false prophets. And I can 100% confirm to you that 90% of analysts here are WACK and don't have it figured out.

Come to think of it. You mean no analyst here saw this bearish b t c season for you and others to have gotten caught up in it. Oh no... We only have anylysts here for BULLISH days and not for BEARISH days. Funny huh.

DenreleDave:
Btt, win, Xrp

Not a financial advise though

Bunker1:
This is what we call offloading, btt, hot, harmony, klay Fet and his brothers, this market na day trading for shitco.ins and long terms for high market cap observation noted.

Zobah:
- You lack practice, not talent

- You lack priorities, not time.

Pick any skill and prioritize 1 hour practice time.
In a year you’ll become “talented”...
Happy New month

sweetveek:
alrighty

in this pics below, 1 means resistance price and 2 means breakout price where you should buy..

it might not always work,thats why you need money management too,but it helps most times..for any coin to breakout of resistance,that force alone will likely make it pump especially co.in just coming out from a dip or accumulation..thats why i always go for coin that pumped 100% in 24hrs in the last pump/breakout

millennialaku2:
you will be buying the top. but if you re okay with that go ahead

Neverlosemoney:
Where were you, when they were loading it?
With the whole of openheaven screaming

bigjay01:
3 bags loading on KSM
Thanks OpenHeaven2019

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Zabiboy:

A short sad story...
I bought DEGO at 5,800, it dropped to 4,300 in 2 days so i decided to sell...2 days later, DEGO crossed 14k....
Ok..i moved from DEGO to HBAR at 100 naira....it grew till 153 and started dropping fast....so i sold at 120 naira after 3 days or so....Not up to 48 hrs later, HBAR crossed 180 naira...
I then moved to VITE...i bought at 68 naira....it dropped to 43naira, i still held....after 2 weeks, My brothers and sisters in cryto, i sold VITE yesterday for 54 naira...Only for me to see a notification that VITE crossed 80 naira....
So those holding Ch.Z....nor vex...i go soon sell....just give me few more days.. ..
Binance na highway...i'm porting to bitmax fully

BigMiracle:
DM your WhatsApp number for my trading book

Ronin1:
Technical analysis using multiple timeframes By Brian Shannon

Ofadaman:
Information is Golden, it is actually power.

You may study the charts all you want, it's a lagging indicator and by the time you're taking positions , the players are already cashing out..what makes crytpo really interesting is that due to the nature of the market, it's very inefficient, because information isn't easily distributed to everyone equally , this is why many people see certain coins rise or fall and they struggle to understand the reason, many jump in and lose their hard earned money.

In my journey to game the market, i started trying out technical indicators, from bollinger bands, macd, stochs, alligators, volumes, ichiomuku, and countless others, eventually I started to read about statistics and discovered that with a moving average I can easily build 80%of the other indicators, they are all averages just the period and the weights differs.

Charts can help you spot pattern alright and know physchological points to exit and maybe barriers points to in or avoid.. but they hardly tell u when to jump in.... (Unless it's too late), these days people with basic understanding of the TA, draw funny charts and try to confuse the novice. Its not complex guys, it's just math..

Now, in recent times a new approach has surfaced and few are paying heed to it.. it's the social media noise and tags...

So I went ahead to build a sentiment analytic script on Python that scrubs twitter looking for tags lines on certain coins and their symbols, my plan was if a lot of people are tweetting about it and I can tell how many new mention per minute, if the tweet is positive or negative and if from what region it's coming from, how many followers does the people who tweett these things have and number of likes per tweet,. I could gain the market.. well, I did... But...

AirBay:
I have made $250 with $1k using this strategy for a week. Hoping to make $100+ again once btc gets to 50k. Bought at 45+

I think this works better than holding if you have time to monitor the market

Also I have noticed dips occur in the morning. Been checking this for about 2 weeks

A305:
swing trading, which means, spot a coin. Track its movement and pounce on it when you notice the first consolidating green candle stick AFTER it might have DIPPED/ crashed from previous trade.


When you day trade. You lose in the long run and give away your money to the long time hodlers of that coin.

When you hold for long - You aming to buy a LAMBO but liquidity is king so, Trade smartly utilizing the swing trade option for maximum gain.


Note - i didn't drop you an EXIT strategy so, you on your own in that regard.