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Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 10:11am On Apr 29, 2025
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 10:02am On Apr 29, 2025
Ekehwinz:
What's his prediction this year?

His bottom call??
Bull market support band. It has already happened, but he said may go lower. Also, Eth going home at 1.2k least or 1.5k and it has already happened.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 9:45am On Apr 29, 2025
fredsamuel1:
Heard scammers full there, is there any guidelines to avoid them
Never have I been scammed in any P2P. You need to check ratings and numbers of trades.

Anything less than 400 trades and 90% and above trades, don't transact with them. Also, before you send or release money, make sure the name of the person you're trading with matches their bank name.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 9:43am On Apr 29, 2025
Allthelight:
If Ben says you should sell just sell no questions asked if he says buy do same
You're right, but I use two of them simultaneously. Ben, in 2022, was waiting for 13k as the bottom, but Steve said 17k was the bottom.

When BTC dropped from 17k to 15k, Steve's haters started mocking him and saying we're heading to 10k and 7k. Ben was still rigid on his 13k while Steve was feeling bad his 17k (which he's 100% sure of didn't hold).

In the end, if I had waited for Ben, I may have missed it, but Steve saved me.

What I'm trying to say is, I use two of them at the same time back then. Now, I'm 99% independent, but I still keep up with them.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 9:37am On Apr 29, 2025
fredsamuel1:
Boss i need some help, i don't know how to get Usdt to my Binance acc. I wonder if you can sell to me, just $10 Usdt.
Use Bybit P2P.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m):
I learned from everyone on YouTube, but the two people I took their words seriously were Ben and Steve.

Funnily, Ben is the opposite of Steve.

He said he doesn't like TA and doesn't even bother to know the difference between a hammer and gravestone doji. He's all about 95% macros and 5% TA.

Steve on the other hand, doesn't care at all about macros, he sees it as noise and distraction. He's 100% all about TA and what's on the chart and 0% about macros.

Miraculously two of them are always 80-95% right in their forecast.

Now, this made me realize it's not really what you do, but how well you do it. The moment you're an expert at it, you'll succeed even if it's the least followed route.

This is to say, 2x leverage or 100x leverage isn't bad. The question is: are you an expert at it? Do you have your risk management locked?
Have you taken the time to master how it works like a pro?

The 3rd guy on the list, Camirand, stumbled on him this year and he's been posting for 4 years. I like his method too because he's a combination of Steve and Ben and also a combination of the last two guys below, whom I found this year as well.

So, with this, I'll soon withdraw from most macro news and only focus on when QE / QT starts and stops and the volume/price on the chart. 70% of my data nowadays is spent on watching Donald Trump this, Tariff that, US this, recession that. The noise is too much.

I just love Steve's method, Ben's QE / QT and BTC dominance advocacy and Camirand's use of Colin's M2 Global supply + everyone's elses ideas in a concise manner.

With this, I'll waste less time on YouTube on American issues and focus on what's on the chart and the 4 year cycle with a few other things.

Summary: it's not what you do, but how well you do it.

The market rewards a diligent specialist.

Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 3:40am On Apr 29, 2025
Talking about CoinAnk, there is a lot to explain and it has all data anyone could ever ask for in crypto. Also, don't forget Coinglass, the second option.

Some people don't understand the free secret on the Hyperliquid Whale Data page on CoinAnk. Click on Market at the bottom and at the top, click Hyperliquid. Spend some time on that page. Look at the circled place, whenever long is double the size of short, market makers and exchange will soon dump to liquidate longs. When short is double the size of long, they'll soon pump. That page requires logic.

Too many things to explain, but I don't want to bore you today.

We may still look into some important features on the app soon.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 8:11pm On Apr 28, 2025
Try your best to draw the chart. You'll reuse years to come.

https://www.tradingview.com/x/12ri0vvv
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 8:05pm On Apr 28, 2025
Please, watch this video. What he said there isn't new to me, but I want to emphasize the one he said about USD.T dominance.

That chart and drawing + inversion, please, please, do it and keep it for future use.

I have drawn mine in a unique way a long time ago and I can send you to view on Tradingview and tell you the tool to use and draw it. I did mine in 1 week TF, but it seems he's using 1 day TF.


https://www.youtube.com/watch?v=OUw9NTSuX-k?si=79Sh4FoPmcoqS2gh
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 4:44pm On Apr 28, 2025
Typing...
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 4:44pm On Apr 28, 2025
iLegendd:
Lecture 2 will be how to use CoinAnk to get secret info. You'll thank me for this.

Drop a like if you want me to talk about it.
Some of you don't know how POWERFUL this CoinAnk AI analyser is. I don't want you to depend on it, but I just want to tell you no human and compare. I'll explain later. Read the text first even if you think you're too lazy to read today.

I did this analysis today when BTC was at 95.5k and it came out exactly what I got in my manual research/analysis and it took just 5 seconds.

Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 2:15pm On Apr 28, 2025
Lecture 2 will be how to use CoinAnk to get secret info. You'll thank me for this.

Drop a like if you want me to talk about it.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 1:30pm On Apr 28, 2025
If you followed through our Funding Rate lecture and the update popped up on your screen, you'll know what to check and do to see if it's worth taking action on.

Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 12:35pm On Apr 28, 2025
LincolnOnyeabor:
If it dumps 10% in a day, do you sell and likewise if it pumps 10% in a day do you buy or you do the opposite of what the 10% did respectively??
If it's uptrend and it pumped 10% in a day, that means I have already bought last time, weeks or months it dumped 10% in a 5 green day at a good support, so it's a sell (at a resistance), then short, as long as volume is going down while the pump is happening = divergence. (Price up, but volume low).

If both volume and price are up in an uptrend, then I won't sell, but monitor the trade and global sentiment.

If the 10% is a dump, at a strong support or MA, then it's a long.

I add one or two other confluences to make my final decision.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 11:22am On Apr 28, 2025
Born2conquer:
My prediction also! I am ready to sell around 96 to 97k and that’s all
Especially 97.5 to 98.5k.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m):
FUNDING RATE DETAILED 5-6 YEAR OLD EXPLANATION

When funding rate is negative (red or -), price will be dragged up by enemies of progress (longers and exchange).
Why? Because shorters are making so much money.

Longers and the exchange get jealous and push it uptrend to liquidate shorts and still get paid by shorters.

The longs + exchange are trying to help bring the futures price back to green or at least neutral (spot price) while getting the funding fees that shorters are paying...

When funding rate is positive (green +), price will be dragged down by enemies of progress (shorters and exchange).

Why? Because longers are making so much money.

Shorters and the exchange get jealous and push it downtrend to liquidate longs and still get paid by longers.

The shorts + exchange are trying to help bring the futures price back to red or at least neutral (spot price) while getting the funding fees that longers are paying.

Tip on who takes the funding fee:

Whoever was winning before the table turned will pay the one who turned the table. This is why everybody wants to be a table-turner — so that they can be paid.

If shorts are winning (red), longs will pump it to turn it to green because they will take the funding fee and still make a profit from the uptrend.

Even the exchange will make profit from liquidation of shorts. Win-win for the longers and the exchange. Vice versa is also applicable against longs.

FUNDING FEE EXPLAINED

Funding fee is like a bribe the exchange gives longers from the shorters' wallet, so that they’ll help pump the price to liquidate the shorters, or at least make them sell their positions at a loss to bring the price back to neutral (spot price).

When these shorters sell their large positions at loss because price keeps going uptrend against them, it triggers a quick spike to the upside, liquidating the high-leverage shorters in seconds.

Their fellow shorters (the ones with large positions) who couldn't hold on caused their own liquidation — with the help of all the longers ready to buy it just to push the price up. Vice versa for shorters against longers is also the case.

This means the exchange doesn’t have a permanent friend. They go for what will favor them — and that is liquidation of both longs and shorts.

In futures trading, exchanges don't want you to win alone, except they're winning with you.
After they've won with you, they’ll want to win against you with your enemy.
And the cycle continues.

Key point:

Whoever comes to help the exchange turn the table always gets paid by the first occupants of the table. This is why everyone wants to be a table-turner.

Simple summary:

Positive funding? "It must go back down or neutral," says jealous shorters + exchange.

Negative funding? "It must go back up or neutral," says jealous longers + exchange.

DEEPER EXPLANATION ON FUNDING RATE CONDITIONS

If funding is positive (+) on a downtrend, it means longs are struggling and under pressure to hold their positions or run.

It means they keep buying while it dips, hoping it goes back up. This behavior can trigger a spike on the downside because eventually, they’ll give up and funding will finally turn negative. Vice versa is also applicable.

I don't know if I have confused you. If yes, reread. I wrote this in 2023 or 2024, but posting it today.




CHATGPT'S EXPLANATION (FOR 6-YEAR-OLDS)

Question:

Explain how BTC, Crypto funding rate works as if I'm a 6 year old and its importance of use to a futures trader?

Answer:

Alright, imagine you have a playground where kids bet on which toy is better: a robot or a doll. Some kids think the robot will win, others think the doll will.

To keep things fair, there’s a rule:
If too many kids are betting on the robot, they have to pay a small fee to the doll kids, and if too many bet on the doll, they pay the robot kids. This fee is called the funding rate.

Now, in the world of Bitcoin and crypto futures trading, people make bets on whether the price of Bitcoin will go up (longs) or down (shorts).

If there are too many longs, the funding rate becomes positive, and they pay the shorts.
If there are too many shorts, the funding rate becomes negative, and they pay the longs.

Why is this important?

For a futures trader, the funding rate:

Shows Market Sentiment: If it's positive, more people think prices will rise; if negative, more think prices will fall.

Helps Make Decisions: Traders can plan whether to go long or short based on this sentiment.

Earn Extra Money: By holding positions when others are paying funding fees, you might earn a bit more. It’s like knowing which way the playground is tilting and using it to your advantage!

Question:

In summary, the less followed direction or option gets paid, right?

Answer:

Exactly! The less followed direction (the minority side) gets paid by the majority.

If most traders are betting on prices going up (longs), they pay fees to the fewer traders betting on prices going down (shorts), and vice versa. This keeps the market balanced.

Question:

What is the rate like? The value in number or percentage. When is it too much, too little, available or neutral. Give examples.

Answer:

The funding rate is typically expressed as a percentage, representing how much traders in one position (long or short) pay the other.

Here's how it works:

Rate Range:

Normal Range: Between -0.01% and +0.01% every 8 hours (common on platforms like Binance, Bybit).

High Rates: Exceeding +0.05% or -0.05% is considered extreme, signaling imbalance.

Too Much or Too Little?

Too High:
Example: +0.1% funding rate = longs are paying heavily = excessive bullishness = potential reversal down.

Too Low:
Example: -0.1% funding rate = shorts are paying heavily = excessive bearishness = potential reversal up.

When Does It Apply?

Funding fee is charged every 8 hours (e.g., 00:00, 08:00, 16:00 UTC). If you close your position before the funding window, you avoid paying or receiving it.

Examples:

Neutral Case: Funding = 0.003% → Small fee, balanced sentiment.

Bullish Extreme: Funding = +0.08% → Most traders are long → Risk of correction.

Bearish Extreme: Funding = -0.07% → Most traders are short → Risk of reversal upward.

Key Takeaway:

High funding rates often predict reversals!
Smart traders watch them carefully to time entries and exits.

Question:

So, when is the best time to enter long or short using funding rate as an indicator?

Answer:

Best Time to Enter Long:

When funding is negative (e.g., -0.05% or lower). Market is overly bearish → Potential for a short squeeze and price rebound.

Best Time to Enter Short:

When funding is positive (e.g., +0.05% or higher). Market is overly bullish → Potential for a long squeeze and price drop.

Tips for Using Funding Rate Effectively:

Combine with technical analysis (support/resistance, RSI, etc.).
Watch for extreme funding, not neutral.
Avoid blindly following trends when funding is extreme.

Example Scenario:

Long Entry: Funding Rate = -0.07%, heavy shorts, near support → Buy to ride the rebound.

Short Entry: Funding Rate = +0.08%, heavy longs, near resistance → Sell to ride the dip.

Key Insight:
Funding rates reveal overconfidence — trade against the crowd at the right moment!

Question:
Analyze these funding rates and tell me what I should've done:

Funding Data:

Funding Rate Last 3:

GLMUSDT -1.3069%
POWRUSDT -0.7895%
RENUSDT -0.7663%

Funding Rate Top 3:

AKTUSDT +0.1191%
1000WHYUSDT +0.1176%
1000CHEEMSUSDT +0.0829%

Answer:

Analysis:

GLMUSDT, POWRUSDT, RENUSDT:
Very negative funding rates → Traders overly bearish → Potential for a short squeeze (price could pump).

AKTUSDT, 1000WHYUSDT, 1000CHEEMSUSDT:
Positive and rising funding rates → Overcrowded longs → Potential for price drop (long squeeze).

What You Should Have Done:

Long the Last 3 Tokens (GLM, POWR, REN):
Benefit from a possible short squeeze plus earning funding fees from shorts.

Short the Top 3 Tokens (AKT, 1000WHY, 1000CHEEMS):
Capitalize on over-leveraged longs getting liquidated, with price falling.

Risk Management Tips:

Confirm with technical analysis.
Use moderate leverage.
Set stop-loss to protect against sudden moves.

END

This is not the raw post, but a ChatGPT summary.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 10:21am On Apr 28, 2025
Born2conquer:
Do you feel BTC will dip today?
We only predict, we don't control the market. From experience, there will be a pump to almost 100k this week, the earlier, the better, just to get everyone excited, then comes correction to cause panic.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m):
The Short Squeeze — The Impatient Shorters and the Aggressive Pumpers.

To lay a solid foundation, I asked ChatGPT a question so that it'll out all the best places to get the data below is what it said:

How to see the number of people shorting BTC Vs long?

Answer

Good question.

To see how many people are shorting vs longing Bitcoin (BTC), you mainly have a few options:

1. Long/Short Ratio

Many exchanges show a Long/Short Ratio (sometimes called “Sentiment”) for BTC.

Examples:

Binance Futures → "BTCUSDT Long/Short Ratio" section.

Bybit → "Long/Short Ratio" in their analytics.

Coinglass → A public site that aggregates data from multiple exchanges:
coinglass.com → Look for “BTC Long/Short Ratio”.


2. Funding Rates

If funding rates are positive, it means more people are longing (long bias).

If funding rates are negative, it means more people are shorting (short bias).

You can check BTC funding rates on sites like:

Coinglass
Binance Futures dashboard
Bybit Funding Rate page.


3. Open Interest (OI)

Open Interest shows how many positions (both long and short) are open, but not the exact number of longs vs shorts separately.

However, rising OI with price rising = bullish, rising OI with price dropping = bearish (generally).

---

If you want a direct live feed, here’s a simple way:

Go to Coinglass

Click "BTC" → "Long/Short Ratio"

You’ll see it across multiple exchanges, both Global Ratio and Exchange-Specific Ratio.

Summary:

Long/Short Ratio = shows percentage of longs vs shorts.

Funding Rate = shows the dominance of longs or shorts via payment.

Open Interest = shows how much money is in futures contracts (but not direction alone).

Would you like me to also show you how to put a BTC Long/Short Ratio indicator directly on your TradingView chart too? (Very useful!)
I can even give you the script if you want.

Typing...

Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 10:03am On Apr 28, 2025
I saw this post on Binance and I want us, future traders, to look into it. Read the image first and wait for my update. I'm afraid I'll get banned because some numbers will be mentioned and NL bot is too aggressive nowadays.

This guy said he saw FIS coin was in gainers section and noticed lots of people are shorting it prematurely, way more than the long positions, so he knew the exchanges will soon pump it to liquidate them and make profit and he immediately entered a long position.

Now, I want to teach you how to spot this, but note, it's risky and most times, when you'll want to act like him, hoping it'll turn out like ALPACA, the dying pumper, might be the day the shorters will win the fight and it'll dump instead of pump.

Let's title it: The Short Squeeze — The Impatient Shorters and the Aggressive Pumpers.

Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 9:54am On Apr 28, 2025
Valwezzy:
Good morning

Are you still holding and is it advisable to jump in now at $94.6k?
I hedged, but will close one side depending on how sentiment swings. I'm more into trading after BTC has done 10% pump or dump in a day. The one I'm doing now is called gambling, not my main trades. My main trade is alway after 10% in a day. I don't care the direction.

My weekly trades are entered on Monday, Tuesday or Wednesday. I haven't done those yet. We still have 2 days left.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 8:28am On Apr 28, 2025
Now I can officially write epistles without worrying about who reads it cuz only my fans will. Any hater who complains is a depressed admirer. What happened to the block button? Am I too addictive to be blocked? cheesy

In cases like the image below, when direction is 50/50. It's either you take the risk and pick a side or wait for some days or weeks for a side to pick itself before you rejoin.

Whenever I'm not risking something in the market, it's always too slow.

Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 2:50am On Apr 28, 2025
To those who find my post lengthy or annoying, God has done it for you. There is block button now. Every week, you renew it. No more complaining.

With this, you only see posts from people you like and this will eliminate or reduce unnecessary fight and abuse. Failure to do this, your life is boring and you secretly like the drama to cure depression. The truth hurts.

Dollar gained some weight yesterday and when I saw it, I entered a short at 94.4k and it looks like it's paying off.

Investment › Re: Crypto Currency Investors Thread by iLegendd(m):
BTC has done wonders from 15,000 to 100,000 without QE.

My question is: If you do wonders on your own without your dad sponsoring you cuz he's a deadbeat dad (QT). Do you really need him again if he resurfaces to take responsibility (QE)?

To me, I don't, but his presence will fill in the remaining tiny void. Therefore, the Yellow Top we had months ago is enough for people like Warren Buffet.

He'd sell everything or 80% and rest while preparing for a short months later after the market has pumped without him.

When you can swing both ways, you won't be scared of missing the final blow-off-top of a bull run after you've left with more than 95% profit of a trade you entered in bear market 2-3 years ago.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 3:16pm On Apr 27, 2025
I want to give you a tip that does not make sense, but will in the end.

You can restrict your YouTube search to bring result from the year you want. If you want to watch BTC update analysis posted in 2013 to hear the thoughts and predictions of those people and check if they came to pass, you will. Yes, that is what I always do.

I go back in time and rewatch videos of gurus of those years and pay attention to their predictions and projections.

In the end, I learn more than current videos. Why? They predicted the future, but now I'm with the future to crosscheck how right they were, lesson to learn if they were wrong and how I should do it or prepare for it when a similar situation presents itself.

Doing this from beginning to 2025 has taught me A LOT and this is one of the greatest confidence boosters. You now understand the limit things can go and when your yes, is your yes without asking for anyone's input. We understand history doesn't 100% repeat, but as long as some elements rhyme, we're good.

Example:
In the image below, I divided my screen in two, video top and chart bottom.

Since that year was March 2020, I went straight to the exact place on the chart to follow through as I pretend we're still in 2020. I took notes.

Fantasy almost killed me imagining if I had entered a giant leverage after that COVID crash at 3,850 Dollar.

Summary: watching old videos and following through your chart will teach you more on emotional control and how you should handle it next time.

Give it a try, but I know most people won't.

Investment › Re: Crypto Currency Investors Thread by iLegendd(m):
iLegendd:
After years of relentless research, I can confidently say there is no new info in crypto, especially BTC. It's all regurgitated data presented differently.

By the way, retest will be 87.5k while red vulture will be anywhere from 80k or down to 70k dump in a day. It may not happen yet, but must happen before the final parabolic moves. This is to say, if we pump from our current 94k, it's fake.
The above is the reason most gurus or experienced people you know in 2021 no longer post.

They've seen the worst side of alts and memes and know when to switch to them, but they're with BTC and there's nothing new to talk about it, hence they decided to keep quiet and become 90% investors and 10% silent traders.

They now have a long-term view of the market and not just instant gratification or frustration jumping around brings.

They see clearly now and you too, will get to that stage.

So, this is why you don't hear from them and most in this season will do the same in the coming cycle. They'll only post once or twice a year or not at all because they've finally found peace in patience and the bigger picture.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m):
After years of relentless research, I can confidently say there is no new info in crypto, especially BTC. It's all regurgitated data presented differently.

By the way, retest will be 87.5k while red vulture will be anywhere from 80k or down to 70k dump in a day. It may not happen yet, but must happen before the final parabolic moves. This is to say, if we pump from our current 94k, it's fake.

European Football (EPL, UEFA, La Liga) › Re: Barcelona Vs Real Madrid: Copa Del Rey Finals (3 - 2) On 26th April 2025 by iLegendd(m): 11:09pm On Apr 26, 2025
2 penalties in 2 mins, but ref didn't give any. I thought the Vadrid they call them was for fun, but now I understand.
European Football (EPL, UEFA, La Liga) › Re: Barcelona Vs Real Madrid: Copa Del Rey Finals (3 - 2) On 26th April 2025 by iLegendd(m): 11:07pm On Apr 26, 2025
JoeEeL:
U dey stream d match if so, where?
So, you guys don't know Tiktok shows live matches? Multiple people stream them and if the live terminates, you join another one.
Investment › Re: Crypto Currency Investors Thread by iLegendd(m):
I practically reduced or stopped watching this guy's video, but I'm glad I watched this one.

I now see the M2 money supply differently and I need to make some adjustments. I'm happy. The M2 section is from 10 mins and it's the part I love about the video.

His M2 offset is 12, incase you want to follow along. In the indicator he gave, check the settings and change the 0 or 70 to 12.


https://www.youtube.com/watch?v=bNQUQQscaiI?si=QwTwMmNsdlM5kdDf
Investment › Re: Crypto Currency Investors Thread by iLegendd(m): 11:46am On Apr 26, 2025
Adasun:
one of the basic tips I learnt in this journey is never to collect tips nor give one...


If I have a conviction that something will work, i stand by it... enough of someone making decisions ontop my capital...
Your point is valid, but I also thought of how someone made a post on X about Luna going to zero and he shorted it with just $100 or was it $1000 or $10000 at high leverage and made millions. His conviction was 100% but most didn't believe him.

This was what I thought and decided to close it. The person spoke with so much passion and anger and it influenced me to close the trade. Lesson learned. I can't even believe a rigid person like me (when it comes to rules) fell for it, but at least, I still made profit.

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