₦airaland Forum

ExtraUniqueGuy:
Please, which kold wallet do you make use of?

I use køinbase wallet mostly because of synergy with my køinbase account, but most people use metåmask, or increasingly Såfepal or Trüstwallet

For those holding unlisted cøins (moonshots) in wallet, what is your exit strategy in case of a crash? I've kept some ëthëreum with my mōonshot coin in the same wallet, but in a crash will ëtherëüm exchange not be overloaded and miners fee through the roof?

N2gether:
Hi Ladies and Gentlemen,

I hail everyone. I've read the thread from page 1 and it seems like a fantastic resource.

What's the view on cöyns like Link and GRT?

Btw cc Ibime nateevs2

GRT is cooling off after over 100% growth in the last couple of days. Probably leave that one for now. Link is a good project and one of the last to yet pümp. That's the only one I'm now holding on Køøinbeezy, converted the rest to GBP. Good to manage risk at this stage as anything can happen.

Lordemperoris100:
Good morning boss

Morning.

I thought spambot doesn't work here? It still came and banned me for a post I made here.

How come Emerson is playing in the back 3 instead of Alonso?

Nateevs2:
Awesome tips. Thanks Man. I will dodge the Dodge. Already checking the rest on Beeezy

Meanwhile, I entered Cordano and IOTA on Etoro at the same time at a good price. I will ride Cordana until $1.

Nice one. I just clocked out Cãrdano at 95 cents cos I think a lot of people have set $1 as clock out price. I was going to ride till 99 cents but with Chinese New Year coming in next few hours, let me just take my profit early than chase a little more upside which might face selling pressure from the $1 targetters and Chinese. I will reenter if it breeze past $1 cos I think it can go to $2 sef. Spãmbot just banned me posting a warning about dampening your stãkes ahead of Chinese New Year cos they close markets for 5 days and take profits - shouldn't be too material, but one should manage the risk. I have closed all my positions except Ãrk and EØS which I'm holding long term. I will also be back for Grãph after it retreats a bit possibly tomorrow. I copped nearly 100% on that one in 24 hours.

homesteady:
Please can you explain why?

Also see this tweet, what is the implication of crypto having more volume of trade?

Many reasons why CBN would want to ban in including protection of Naira as exchanges will have to exchange all that Naira to dollars which is downward pressure on Naira.

Also to protect citizens from loss which is usually massive when the system crashes.

@ nateevs2

Abeg what is Silvers usual price action over the weekend?

I'm still in a short position with stop loss at $28. I opened this position since $26.2 or so.

I took a buy position to hedge against the rise when the non-farm and trade balance data came out below forecast and ran it up till $27. I then came out of the buy at $27 and immediately redeployed the capital to a short as $27 is solid resistance.

I want know whether the low trade volume over the weekend usually skews to the bulls or bears, and whether to shore up my stop loss to avoid stories that touch. SLV ETF after-hours is inching up slowly so one can never be too careful.

I can understand CBN banning creepto sha, although it will hurt plenty boys for street. I'm sure if Western Govts could go back in time, they would like to regulate or ban it, but it has now grown beyond trillion dollar cap so too late.

So there was an organised pump of Cardano (ADA) today and men didn't know. Who come across any organised pumps should kindly share.

popizaino:
You already living some of our fantasy. ....pls say me hi to pep guardiola some day.

I've been to Pep match before for Bayern against Man City. That's where I first saw Emile Hojberg and Sebastian Rode.

Burger King now trolling Eden. SMH.

This Trump tweet can mess up Loeffler and Perdue tomorrow

tolutweety:
How did you search out recommended people in a sector,say the Health Tech and the Tech, to get a SimeoneRizzetto.

If I intend getting others with similar portfolio to copy...got any more recommended names for me to copy in the Health and health tech?

PS: new on etoro,trying to navigate my way around still.


Thanks.

I was lucky to already have him on my watchlist. There's no search function on specialty I'm afraid but the filters on copy people can get you closer to what you need eg If you filter people by allocation to get to the guys with mostly stock holdings, then you can read their profiles or see their holdings to see what sort of sector they veer toward

User09:
Lol.

The problem with the team is pretty clear. Every other thing ure saying is pandering to your soft spot for Lampard.

How can anyone not see that the midfield is the problem. I said it at the start of the game and will keep saying it.

Play 4411, 4231, 343 or even 3511 and the problem of creativity is reduced, of course he's never gonna do that cos Mount wouldn't start in any of those formation. Everyone stands still when Pulisic is moving with the ball, No motion or runners.

Everytime Werner has to come to the middle to get the ball instead of making runs down the forward lines

Kovacic would never thrive as an 8 neither would Kante ditto Kai. Did u not see City today. Not only is Lampard clueless, he's also stubborn as well.

Always accommodating other players for bloody Mason Mount.

Mount is the only player performing in that midfield my friend unless you missed it. All the above is rubbish. Mount can even play in a pivot for Kai so it's nothing to do with favouritism.

Your lazy German AM aka I scored 12 goals and 6 assists at Leverkusen while doing no midfield work so let me stroll and do the same at Chelsea. If you want to play AM without doing work, you better come up with 30 G+A regularly. Any fool can do 18 G+A in AM if they don't have any responsibility. Nigga literally played as striker with those shyte numbers that he thinks entitle him to stroll around. Go take a cue from Bruno Fernandes to know what we are competing with.

Lampard deserves my patience after 17 games unbeaten and over 10 stellar years of service, and I will give him it. We knew it was going to be a rocky period after the Everton and Wolves defeats looking at the fixtures. I have never thought this squad was balanced, especially in the Striker and DM positions, no depth at fullback and what we are seeing is a conflagration of all those personnel issues, injuries, and yes, some tactical naivety from Lampard. And yet, every Chelsea fan has a different version of their starting 11 and claim Lampard doesn't know what he's doing when their favourites aren't picked. Someone said he's a fool for not starting Giroud or Tammy, another said he should be playing Werner and is not getting the best out of him. One criticised for playing Mount, another said Havertz is rubbish. Another said Kovacic is a fraud and Barkley should be playing, ignoring the fact that was whom Havertz was brought to replace. Another said Ziyech is too soft and can't track back, and CHO should have started, meanwhile half the fans hate CHO. The only section of the team we all agree is the goalkeeper and defence.

All this means is we are struggling for players that solve our problems regardless of blowing £130m on the German Daniel James and new Ozil.

nateevs:
I was literally replying to you two days saying that I trade using Etoro and spambot catch me and deleted trade. Can repeat what I typed. I don't know what the trigger was.

Spambot just dey ban me upandan these days for mentioning any creeeeyptø, yet Oga Seun will be advertising creeeeyptø services on front page.

Êtoro is a blessing in disguise. You don't have to crack your brain at all, just copy the portfolio of other successful trãders with more expertise. All my holding there are just copies, although I put a little free cash aside for potential shōrting of creeeeyptø in Q1 while holding creeeeyptø in Cooøøinbase. The only thing to be aware of for this year is to diversify a bit and copy long-short guys who trade both ways as we no know how market go be this year as all stocks are overpriced so one needs to be in a portfolio that also goes short.

nitrogen:
The usual ones like Salesforce, ServiceNow, Zendesk, the FAANG stocks. There are also online wholesalers/retailers/grocery stocks, since most countries have entered/will enter another lockdown, those stocks will outperform. But don't forget that you need to check if they've met or exceeded analysts' expectations in the last few months, you can then use it to forecast q4 earnings performance.

We will definitely see more momentum investing in the market with focus on tech stocks. I remember that in March when Zoom was trading at $116. I forecasted the stock to hit $250 to $300 over the next 12 months. Of course, I factored covid-19 into the analysis. Zoom is currently trading at c. $350. The intrinsic value should be maximum of $300, the extra $50 is on the back of momentum, not fundamentals.

Starting from 4th Jan won't be bad, but we don't know if a slight dip will be seen due to festivities and school fees paroles. Interestingly, January is considered one of the best months for the markets. We've seen that in recent years except the year 2016.

Have you heard of êtoro? There you can view the profile and portfolio of successful investors and copy their positions exactly with the click of a button depending on your attitude to risk. In essence, they become your fund managers. So for example, if you want steady but unspectacular returns, you just copy the portfolio of someone who invests in blue chips. If you fancy higher risk, you can copy the investments of someone who shorts often or is invested in creeypto for example. As you highlighted Tech and Health tech for Q1 growth, for a layman like me, I would just go and invest into the fund of someone like SimoneRizzetto (as below) who invests in those companies and has a stellar record of returns with those portfolios and the educational background in it as I don't have the time nor expertise to study those stocks to a decent level.

If you can get on etoro in Nigeria, your results can easily get people invested in your funds so long as you have the track record and fit their risk criteria. For example, I copy traders there from Malaysia, China etc that can bring on board their expertise of far-Eastern markets and my portfolio with them will be moving at night while the European and US fund managers portfolios are sleeping.

Thank God spambot banned me since yesterday.

We are suffering a crisis of confidence. I hope Frank can get it together. He should have parked bus today instead of trying to press them given the lack of confidence in the team. That's what you do when your back is against the wall but he naively left us open.

I thought Silva was at fault for the first two goals and Kante for the third.

Leyqute:
I think when Biden assumes power around January and things start looking stable economically and health wise all over the world the price may drop.

How do you day trade? Do you use any technical indicator or you do a fundamental analysis ? Cos that shiite is freaking unpredictable.

I generally stay away from trading and haven't traded for 9 years but I fit reason am for big news days or for crypto. I dey reason am with the way this Bitcoin surge dey vex me. If I do trade, it will be a swing trade based on momentum. I would set up a straddle (both ways) that capitalises on momentum and volatility both long and short eg if it rises 10%, clock me in till it reaches 15% rise, simultaneously if it drops 10%, clock me in till 15% drop. I'll study the volatility history before setting these entry prices and both act as stop loss against each other. Na to find exchange that won't hammer you on slippage be the main issue, more so than your strategy. Na why I just prefer to buy and hold a highly volatile asset like Bitcoin with strong bullish sentiment, but I fit reason trading with the way I dey vex.

nitrogen:
Another strategy is to invest in firms (e.g tech, healthcare, clean energy, retailers and wholesalers) that you believe will exceed market expectations for 2020 FY numbers. Most of them will release earnings reports in February and March, you can look to get in now and exit a few days after they release their FY 20 numbers. Market typically prices in expected performances 4-6 weeks before earnings release dates, reason I am suggesting you get in now.

Q4 Earnings calendar will run from mid-Jan to mid-Feb. Most of the techs will be reporting start of Feb. We should already have a clue from Q1-Q3 trading reports. Do you have some names? Wouldn't a better strategy be trading these stocks from 4th Jan?

nitrogen:
Right now, my hard earned cash is in Eurobonds of some countries that can give me between 6-10% USD returns per annum. Also, there are mutual funds linked to those bonds such that when yields drop, prices of the bonds and the mutual funds go up. I can’t do any stock market or speculative investing right now, except the stocks I have been holding since 2-3 years ago.

U.S just released another bailout funds early this week, we would see another cruise ride by the stock market. Real estate assets are also overpriced, except maybe commercial real estate that is affected by Covid-19. Liquidity is just too much in the system right now.

This is a very good time for traders. Shey I for resume trading of instruments right now, but I don’t think I can sacrifice steady income for roller coaster income.

For anyone still interested in stocks investing right now, target clean/renewable energy stocks.

If the bailouts continue, excess cash will continue to find its way to Bitcoin. How many months more of this bubble do you think we have, let boys see if they can do a quick flip. I am thinking they will continue to bailout till pandemic quiet down in summer.

nihilistjnr:
Don't get it twisted, I'm not in any way blaming you.
.what you said was logical plus I did my research and came to the conclusion that some of the big boys were pumping up the thing for a monumental dump later.

No be me hedgefund manager go use satisfy his investors.

But still e pain me die.

How you see stock market right now? There's a lot of wailing and gnashing in my family group chat. My papa dey cry the other day say all him guys buy Tesla and he flopped.

Man, value investing is out the window so I can't think of entering stockmarket. If you have a pension, you're in the stockmarket anyway so no need to double down by routing personal funds there. 10 years ago you value companies at a ratio to their fundamentals, nowadays any company will be valued high with little reference to their fundamentals (Net Asset Value, price-to-book ratio, price-to-earnings ratio, ROE, Gearing ratios etc) so there's a big bubble.

For example one quick valuation method we use to value non-listed companies is using the higher of their Assets-Liabilities or 7 times their yearly operating profit. For listed companies, we look at the average price-to-earnings ratio to judge if companies are being overvalued. The historic price-to-earnings ratio of all the companies in the S&P500 is around 19, but right now in 2020, the average P-E ratio in S&P is 38 which indicates share values are too high.

The question is whether Govt has the chutzpah to allow the markets correct themselves or will continue to pump in more liquidity to keep the bubble going. Na siddon look I dey on a personal level, but with the comfort of knowing that if the bubble continues indefinitely, I'm also invested in the market via pension fund.

Godx:
But we told you and greatihex back then that bitcoin could go up. As at today it's $29k

They've been saying it will hit $100k since 2017. Just because it went up doesn't mean they were right. Eventually some people will get burned real bad. Na Govt bailouts dey fuel all these increases both in stockmarket and Bitcoin cos there's too much cash in the system chasing too little value. A lot of crap is being overvalued at the moment, man just needs to know the right times to get in and out without getting burned in the long run. I would rather wait till it drop, and if it never drops, I haven't lost anything, than enter at a price that could burn me later

nihilistjnr:
Guy remember I ask you this summer about bitcoin. You and leyqute.

Omo as I see news that the thing don reach 28k na cry I wan cry. I woulda trebled my money if I had entered at 9k sef.

The thing had been floating between 4 and 10 for the last 3 years. Only a reckless person will give someone advice to enter at 9. Just like the stock market, there's excess liquidity from Govts pumping bailout upon bailout since 2008. Institutions don't know what to do with this cash and even they have already overpriced stockmarket way beyond the value of the stocks, excess cash na him dem done dey put toward bitcoin. This whole excess liquidity relies on continuous Govt bailouts and I'm not even sure now that Biden will off the tap if not Trump will troll him. Value investing has been out the window for the last 5 years. At some point, stockmarket must correct itself and Bïtcoin will follow, I just don't know if that will happen anytime soon cos na politics dey fuel this bubble, not economics.

sod09:
Don't wait bro, just put any money you currently not using at the moment

There is nothing like unencumbered cash. No be few hundred dollars I dey chase. I want something life improving which will require putting major capital at risk, which I judiciously squirrelled away these last few months to ride out any potential job loss during this pandemic. At the current price the risk is too much. I no fit think am till the price drop back toward the 20k mark.

ThisisIkemefuna:
Long time ibeme, rap battle god of NL. Your siggy is so crack, I literally fell on the floor laughing.

Quick question sir, what platform do you recommend that one use for crypto? I checked binance reviews on play store and they weren't pretty at all. Would you say your experience with binance has been smooth so far? Season's greetings.

I only use Bïnance to check prices and charts. I've never transacted on it, na Cõinbase wey I do transactions. Na frustration and anger make me want enter Bïnance to do daytrading as I can't make crazy returns by buying and holding at this price point against without putting large capital at risk

DeadPresidents:
I pulled out of Ethereum at $616. Almost immediately, the bastard started rising stratospherically.

Still waiting for support zone to fall within the $620 range but maybe I have to make peace with the fact that the new support zone is within $700.

Exiting Ethëreum at 616 is never a bad thing. You would have taken some good profit there. Taking profit is never bad.