₦airaland Forum

Fastt:
Leverage traders (short and long) are calling me from their villages as I'm typing this.

Leverage trading is a 2 edged sword. As soon as you know how to book profit by breaking even, trailing profits and eliminating greed, you have basically mastered the art of leverage. Your supposed PNL is unrealized until you realize it. No wonder it is for experienced traders

cmoney22222:
Boss me I know know all this big big english oo. Infact I no Dey use SL. If I can’t take lose again, I close it and sleep lol

Lol. Learn to use stop loss, except if you are an investor and holdling a coin on spot. Stop loss is a life saver. Even the market maker dey chop stop loss

cmoney22222:
Bia where deflover wey deflower my 100$? Lol. Anybody where know help me tell am say since 3 month now him never fit make the 100$ back , me I don make am back since . I get anther 100$ where I no use oo

I still wonder if that guy is still alive. Never expected that stunt he pulled

Bring the $100 make i help you flip am to $200

Hefy4real:
Lol. U be winch wey wan know good month? The only thing that doesn’t lie is the chart. I’ve noticed that people who do not know TA come to this conclusion that trading is gambling. The chart clearly showed that a retracement would happen. The Daily chart had a rising wedge with daily rejection candles at the strong resistance level, bearish divergence and we being overbought at the RSI indicator. The only thing that’s quite difficult to predict is how long a retracement will last. Until key levels are broken, we still bullish on the higher time frame

Experienced traders majorly study current price actions with previous year’s price action or structure and use it to determine if a particular month or year will be good though. Generally, or historically, the first few weeks of May for crypto are not quite good. Let’s see if history will repeat itself this May

cmoney22222:
No body knows any good month. In futures , na gambling we Dey do. See coin I suppose take profit or close , now eDey red like wine

Lol. U be winch wey wan know good month? The only thing that doesn’t lie is the chart. I’ve noticed that people who do not know TA come to this conclusion that trading is gambling. The chart clearly showed that a retracement would happen. The Daily chart had a rising wedge with daily rejection candles at the strong resistance level, bearish divergence and we being overbought at the RSI indicator. The only thing that’s quite difficult to predict is how long a retracement will last. Until key levels are broken, we still bullish on the higher time frame

GRACEGLORY:
This wasn't very likely at all, it was actually certain. And it did held those areas longer until the break. I do hope it flips this for support sooner.


Thanks your insight was actual. I do appreciate

You are welcome sir.
25-26k is the key level to watch (0.16%) of the Fibonacci retracement level. If we successfully retest that level and there’s a bounce, 32k or 40k would be unstoppable. My bias though

We have this bearish structure on the usd.t dominance chart. Invalidation is a 4H candle close above 7.29. If this pattern plays out, we likely to see BTC go bazooka

GRACEGLORY:
I'm beginning to think so, especially 28.600.
But it's a healthy correction sir

Yes it is. If u check the 3D chart, we had a breakout out of the consolidation and now a retest. Zooming into the lower TF, is a healthy retracement. Structurally, we still bullish until we have a clear invalidation

GRACEGLORY:
Don't start selling based on emotions, despite the fact that this correction may be lightning-fast.

Very likely we hit 28800 or 28400

Bullish99:
Funny how some folks here think/feel we are entering a bull run market!
These are just relief rallies of a staunch bear market.
i.e. Take $1 charge back $6 phase.

U would bearly see intelligent folks that has witnessed these bear phases come out here to spill buy buy this time.

Don't go all in if u have to, except u are willing to loose a big chunk of ur money or prepare to stay unbothered for the next 1-2yrs from now...Enough said

Are u sure u know how to read charts? I only find your concluding statement valid while I find the rest invalid.

The most underrated analyst we have on this forum is Graceglory. Someone even acknowledged that 70% of his calls are winning while the the rest is 30%. Wetin else u dey find?

seanwilliam:
But sheybi dem talk say if btc Dey dip , usdt Dey high ni ?
E be like crypto don confuse comfusion too

Usdt.dominance. Do not misconstrue the 2. Check usdt.d chart and understand

Holladoyheen:
Binance now has whole lot of Bitcoins, what do U expect. Manipulation of course!

That dump was a timed one.

Anything u call it. TA wise, I ’ve been waiting for it for over a week now. ( it has got nothing to do with fundamentals).

The annoying thing about FA in crypto is that most of the news people claim to back a pump and dump is always bogus. Many said it was because of MTgox release now another person is saying because binance had a lot of BTC. Anyways, stick to what works for you

Hefy4real:
Liquidity is what drives the market. Just note that when the general sentiment is buy/long, dip to clear liquidity is in the offing before the upward move

Enjoy the dump !!!

Holladoyheen:
Long d big coin! 27k incoming...

Liquidity is what drives the market. Just note that when the general sentiment is buy/long, dip to clear liquidity is in the offing before the upward move

lrman:
But sadly usd went weaker and btc still dropped too..

For where? Check dxy and see the impulsive move it made when btc dropped.

Robnectar:
Nice 🙂🙂🙂

Don’t tell me you understand the technical jargons he just wrote. Your brief reply with an emoji speaks volume

GRACEGLORY:
Thanks for your inviting contribution, sir.


Here's what I do think.
To be honest, I do agree with you 100% but I like to look at it from a perspective, the psychology of trading: sentiment. The people are tired of waiting, and with the CPI, FOMC, and the US jobs creation outcome, they've been good news all the while plus further adoptions, and the ongoing twitter-Musk integration. They could trigger it. FOMO.

True. But the latest NFP data was pretty bad. And the FEDs might reconsider further interest rate. But I don’t think if it will have a major impact on btc. RSI is also printing a bearish divergence on the D1. 1 one move to 25k if do not lose the major support though

GRACEGLORY:
Welcome the golden cross. BTC to 29K

The formation of Golden cross (MA intersecting) is a lagging indicator and it only tell you what the market has already done. It can’t be fully trusted or reliable

Goldbw122:
pls,
How can I access this information that would be of help to my trading life style?

Start with remit trade academy on YouTube and watch their videos from bottom to top.

Blake755:
The fact is that am just clueless don't even know where to start

The internet has wealth of information on trading that could be of help

Blake755:
I wan start future trade fully need to start up something as a side hustle

Use the energy or passion on spot. Futures is for Experienced traders. Master your skills on spot for at least 1-2 years (depending on your level of patience) before delving into futures. You can make a $1000 in a week on futures and lose $3000 the following week.

Hotice085:
.


Sharap ya mouth, e be like you just start to de use social media apps

You just like 2de make nonsense noise, abi you wan make we sabi sey u de use Quota wey my shoemaker from mali de use tey tey

Learn not to take things too personal. This is a forum. Do have a productive week!

Hotice085:
U know get sense at all all, not to talk of ordinary common sense.

Know this, boy whatever you know about cryptos and the Exchanges, the team behind behind the projects knows a billion times pass you. The antics, schemes tricks and manipulations of Exchanges dem know pass you, u just de make nonsense noise

You are just a frustrated 1kobo man that has been trading in loss beta go mine for free now

Thank you sir I seriously do not know why u are pissed with my comments . Remember this is a forum and we all are entitled to our opinions. Abi u be sir Nicholas? When mainet? When moon sir Nicholas?

You’ll find it difficult to last a day on other forums like Quora. When you start receiving criticism on your post on those forums last last you’ll smash ur phone. Try and take a chill pill oga

I remember very well when the miners where bombarding is with pictures on the net of how you can buy the latest cars like Tesla and the likes with 1 Pi, buy the latest gadgets and Tesla phones with 1 Pi in China. The tin reach Nigeria turn finish, people dey propose trading 1Pi with wraps of fufu, garri and the likes. That tin really cracked me up. Them begin motivate themselves say that was how Bitcoin started. (Bitcoin was traded with pizza bla bla bla)

PS: someone showed me that WHO mine pi as well. He had this WHO contact that gives update on COVID-19 virus. While checking to add contacts to his downlines he noticed that same contact with the logo of pi that shows that they are pioneers of pi and they are mining. I say ok oo. Make we see how the tin go be oo

zinaunreal:


They are not waiting for some lame comments on here to jump on the train. Some people na pride go kill them for this life..If you like no download the app bend down and mine like others did. This is the only coin that has the capacity to contest with fiat because its already bieng used in day to day transactions of goods and services all over the world.

IGG (initial gra gra) Buy the rumor, sell the news . Na so e go first be.
Na exchange go make the coin blow before Na. And Na exchange go kill am. (I don know that one tey tey)

zinaunreal:
Hahaha this one is lost. Im 1 million percent certain that two giant nigerian banks are mining this coin. I'm not mentioning the names of the bank. Dyor and you will find the banks and when you do, you would have learned alot about pi. That's your home work

Joke of the century! Na so bank no get work? U mean they’ll open for business and transaction for the day and start mining pi? Even a toddler will laugh at your jokes.

CBN too go dey mine be that oo! I wonder if Wall Street mine as well?

SUPERPACK:
Pi is not a cryptocurrency. Take your argument to currency and finance thread. I am only referring to crypto traders. Refrain from quoting me, I never mentioned Pi in my post, kid.

:

Hotice085:
Pi wanna exist without depending on any exchange which is the primary purpose of the project spearheaded by a brilliant chap who was the CEO of ventures that has successfully produced profitable enterprises that are still running
Whereas you a nobody but a talkative that got no business worth N5 Naira wants to tell Nicholas and his team of 30 hardcore team that they should remain in the same status quo Bitcoin and co have bastardized....you are a local man, u don't know wassup
A web3 kid will sell u 100times over ...u don't know shit about Pi, always get your info from the app chat room man

Should I remind you that this is a cryptocurrency thread? If pi is no crypto why shill it here? I don’t have to log on into the chat room to get my details. I have the white papers.

Now let me say this again. I’m not against pi. It is a nice concept adopted by Nicholas and his team. They cannot do without an exchange that is the main point. And no government will watch it destroy their fiat. Now can we drink tea (or beer if u don’t mind)

Hotice085:
U are a Pi illiterate, don't see it as an insult but the raw truth.
DYOR instead of "they say, they say" mentality you are displaying
Pi 3142.....na your type small pikin go sell Infront of ur old boy

Like they say: ‘you are entitled to your opinion’. I’d rather state the obvious rather than follow the crowd. 90% of those mining have not even read the white paper. All they do is follow what this or that says. I would never resort to insult no matter how you guys throw your insults. Peeps do not really like the truth. The fact remains, for pi to be practically useful, it needs an exchange. That defeats its purpose (yes I know). I said this same thing to some guys about a year ago and look what we have now, Pi being listed on different exchanges. Mind you I have read the white papers (Nice write up they have) Let’s see how it ends.

If they cannot make a valid point they resort to throwing insults

zinaunreal:
Drown in your hate. Tell that to 50 million people . Get on with your life. Nobody hold you ah ah. This pi dey pain this guy o oboy see something go away.

When is main net? I guess mainnet will be launched or starts when the next crypto bull run begins. ‘Expectation postponed makes the heart sick’

zinaunreal:
This one doesn't even know that Nigerian banks and other international banks have been mining this coin . You know nothing it is a waste to give you audience. Drown in your hate

No doubt, u love getting ur ears tickled (u love hearing what you want) I learnt so as well that banks are also mining bla bla bla. Oga the Central banks will only support a digital coin of its own.
When you state the obvious they turn it into fight. No hatred brother, face reality.

zinaunreal:
Seriously bro your comment right now is just a grain of sand in the desert because pi has received all sorts of bashing from even coinmarket cap itself and stood for years.

Pi has no control over it bieng listed on exchanges. Pi did not beg to be listed . They are the ones integrating it into their systems. Pi can do without exchanges correct yourself . Pi can even decide to get its own exchange. It's not practically useless it has the largest utility in the world right now. You seem pained. I can understand . Channel your energy into downloading the app and mining whats left before it passes you by totally.

The funny thing about it is that they claim to use it as a medium of exchange (they have been on about this for months now). They keep showing us fake pictures from China of how you can exchange it with cars, and estates So what they are actually telling us is that pi will replace fiat? What government or central banks will sit and watch an experimental digital coin overtake its fiat? Besides, last I heard, they said 1 pi is equivalent to 3142 Obviously, I’m not pained, I’m just stating the obvious. Don’t turn it to thread were u throw insults.