ILegendd's Posts
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atom080:I doubt my fellow Rivers man go behave this way. Yes, we're arrogant in nature and we hardly give up, but troll and envy? It's not in our blood. Maybe, he's from somewhere, but lives in PH. Abobby, no call am PH guy again, we reject am. ![]() |
MamaFutures:Ignoring attackers or people who always want to correct you, yet won't do it has power, but the reason I don't want to use it on most of you here is because your attacks will be dialogues in my books. So, you're my co-author. I have done it before and I'll do it again. One of my books is 80% written by Nairalanders. Oyibo dey buy am like water. Abuse upon abuse. Whatever I do is always wrong. Theirs is the best, yet they won't share or teach it. ![]() What I post, I do, but I no longer feel the need to prove anything even at gunpoint. I use futures as bait most times, not as a profit maker. But luckily, I end up in profit when the bait fails. Look at those trades below, did you see any stoploss? They are baits. I'm 80% sure Wif will go to $1.2, which is my bait in another crash next year, but if it refuses, who wins? Same for ICP and a bunch of great coins I'm into. It's so sad you people don't want anyone to post or share. Don't worry, in the next cycle, I won't be here, so allow me enjoy it while it lasts. Though, in my absence, my intellectual properties will represent me. In your absence, nothing will represent you on this thread. When you're gone, you're gone. Una go read Think and Grow Rich, but una go focus on Think and Fight Dirty. ![]() Think about your future, mama. Don't let that name go in vain. I know you're a man, impersonating a woman. I'm not gay, stop being obsessed with me. It's irritating. Let me put you on a video call to prove yourself.
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Emmizay12:I'm sorry. Don't let the government know. They paid me to teach newbies and everything I post must appeal to noobs because 100% of everyone here or guest readers are novices. In my contract, posting an advanced strategy was a no-no. Forgive me for deviating from my clause. I can't be paid that much and not obey rules. It's not everything I post you insert yourself. Diddy being your musical mentor doesn't mean you must knack both genders. A Muslim living in your house isn't obligated to follow you to your house. Motive? Of course. Every sensible person has at least 2 motives in whatever they do—just that some people are sinister with their motives. In my case: 1. To make an impact 2. Write the best crypto book series in the world that'll benefit both newbies and ADVANCED traders the same way our dating books are helping lots of people around the world. 90% of our buyers are not Nigerians or Africans. The same thing will still happen with this crypto series. By the way, what I posted is for the advanced traders and it's one of the strategies that helps you build patience and not panic when price goes below where you bought because you have a top-down buying approach. Anyway, I'm sorry and please, don't tell the government know before they cancel my 17 billion Dollar contract. You can never make it until you sacrifice something and develop patience. In my case, I chose to sacrifice money to build patience in exchange for more money. My dear, it's just a strategy—there is no need to cry. Oh, I'm sorry once again for not sending you the card. People told me not to considering how you abused me last time. It's evident that there is nothing I'll post you'll like. |
In preparation for my article, I wanted to see what others are saying about volume, so I went down the rabbit hole to pick their brains and before I knew it, I was deep into more than 100 videos, some short, a couple too long, but still watched them with x2 speed. There was a recurring theme and that is, volume is the best. Mastering it gives you an edge. In the comment sections, everyone was saying the same that the moment they paid attention to volume, their game changed. One line I kept hearing was: They can manipulate price 90% of the time, but with volume, they can try, but can't do up to 10% damage to it. This made me agree with volume being the kingdom even more. Some of the videos were men who have been in the stock market for 40+ years and some in crypto since 2013, so they had real life experiences. I watched more to see if there is someone who teaches what I'm about to teach the same way, but couldn't find any. To broaden my knowledge, I went into another rabbit hole of different volume indicators to find the most accurate like normal volume indicators, volume profile, VSA, OBV, ATR + volume, VWAP, Chaikin, etc. So, the summary of those YouTube videos is, they understand volume, they use it, they praise it, they want every smart person to embrace it, but it seems most people don't care and it's good for those of us that care so that we'll be on the same wavelength as the manipulators. One comment I read and I paraphrase, was: "After understanding volume, the market felt nakëd in my eyes and it was as if I was inside there watching the manipulation and predicting exactly what will happen next. It's an edge and I attribute all the money I made in the digital currency space to volume mastery. It puts you 3 steps ahead of retail and even ahead of institutions because you now understand they can't easily manipulate volume, but price." As I prepare to post, watch these two videos below, pay attention to everything they say and take notes. Not exactly the same as what I want to teach, but both are on volume, so they're related. I know you guys are eager to read the post, but you don't understand I want to make sure no stone is left unturned, so be patient with me. Mind Math https://www.youtube.com/watch?v=mLOFuCvd5Lo?si=MXBHik9h6jqQl8sQ Barchart https://www.youtube.com/watch?v=sAJ3nCy_nb0?si=LrqfRzYbGo5vHkor
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BTC is the King, Volume is the Kingdom Unfortunately, I managed only four hours of sleep. I woke up and immediately resumed my research—a grueling process, but truly worth it. I might have to go back to sleep soon. Health is sanity, brain is wealth. To ensure thoroughness, I utilized two phones, each with split screens, essentially turning them into four research hubs. I meticulously analyzed the trading volume across every major cryptocurrency exchange. In doing so, I uncovered discrepancies and identified the platforms with the most accurate volume data. This discovery makes a huge difference. Even Binance, as massive as it is, only scored a 90% rating in my assessment of volume accuracy—a respectable figure but still a letdown for a platform of its stature. Though, glitches and their regular manipulation can alter their volume. That said, it remains in my top five exchanges for volume reliability. When I write articles, I typically type directly on my phone. However, since both devices were occupied with charts, I resorted to pen and paper. In summary, my research is finally complete and has yielded results with a near-perfect success rate. If I were ever restricted to using just one indicator for the rest of my life, it would unequivocally be volume on a one-month timeframe. However, the exchange I’d rely on boasts a remarkable 95-99% accuracy, far surpassing the likes of Binance, Bybit, Coinbase, and others, which, in my opinion, are tier-two platforms for this particular metric. I plan to share my findings in an article soon, but consider these hints an opportunity to figure things out before my post goes live. After all I uncovered, I couldn’t help but shake my head and say, “BTC is heading for a hard correction—it hasn’t even started yet. It might soar to $112K or beyond to make everyone think it's over before the inevitable correction, or it might happen sooner than expected.” One thing is, those that bought in 2022 Buy Year are not bothered Remember, while Bitcoin reigns as the king, volume is the kingdom. Without it, where will the king live? It's so sad that we, the people of the kingdom, never put much effort in knowing our history. We're more after girls (memecoins) visiting our kingdom during Christmas. This coming article is one of the info beginners need to know from the get-go. I wish I knew them in my first year in crypto.
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You're going to learn a secret that'll blow your mind. I wish I had discovered this the first day I started crypto. The reason I designed all these images is to make sure you never forget what I'm about to expose. The color of the candle doesn't matter—It could be red or green, but what I'm about to reveal does. They are in pairs. The first candle is the elder sister while the tall one is the younger brother. There are 3-5 questions you'll ask and the moment you answer it, you'll automatically know what to do and what the market is doing and even what will happen next. You'll become a savant. We're using the monthly volume to make decisions. This is golden. I just need to crash for 5-8 hours first, then I'll explain when I wake.
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Ta-tames. (Twice As Tall As My Elder Sister) TATAMES. New system loading. 5 hours spent so far on Tradingview working on it. I was just playing with 1 month timeframe and I didn't know when I deviated into analyzing rubbish and soon, it began to make sense. This system is simple, but damn!
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Those of you that are new and losing money because of emotions, just know that if you don't have a diary to document your behaviour, mistakes and emotions in this bullrun, you'll repeat those mistakes again. The best way to use futures is to use it as a bait to bring/take the coin up or down to your desired price so you can buy in spot or start a fresh leverage with another exchange. My ICP liquidation is at $5.5. What do I want? To bring it down to that price and I know it will if a bigger crash happens. This is like buying something at a good price and still wishing for a That is how to trick a coin down to its knees. If it refuses, then the ones you bought will make you lots of money for free. Those of you learning crypto with small money are the luckiest. You'll have all the experiences without losing a fortune unlike those that start with $100k or more and lost everything. |
Luckyss:It's the price he's paying. Next cycle, he'll be a pro from the pains he felt. |
I have learned my lesson and that is, great men or teams do fall, so be humble. I know they'll rise, but damn, tarnishing your great reputation kind suck. If only God showed Pep all these losses, he would've resigned after his last victory when the ovation was loudest. |
Born2conquer:Na lie. Na statement you just make. You need to experience at least 1 full bullrun first before you can be able to keep your words. That's how emotions work in the game. Whatever beginners say or mistakes they made, they'll still make them again that same season. It's next season they'll reflect on their loses and make adjustments to their behavior and patience. |
What is holding the market? QE. When QE starts, what happens? The market will make a fake pump, then dumps HARD and poorly placed leverage positions will be liquidated so we can all start from scratch. When we start from scratch what happens? By that time, most Americans will have money in their accounts to rush into crypto. After the final dump and Americans/Europeans, Africans and Asians have arrived with bundles, what happens? ETH and BNB will finally double bottom because of the crash. (See the oval below). And what does that mean? Alt season don start na him e mean. XRP has already double bottomed and pumped. ICP has double bottomed, but the ICP community doesn't have money to pump it, so it's waiting for ETH to double bottom and lead the pump in 2025. Look at ETH, we just need one final down candle and the longest it'll take is 1 month, but if we're unlucky, 2 months. Does it mean as we wait, ETH/USDT won't go up? It will, but don't trust it yet until ETH/BTC double bottoms.
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This metric is profound. It's total volume on all exchanges. If it doesn't go back above 100B, it's not good. So, for this bullrun, the minimum all exchanges should have is 100B. You should use this metric to your advantage for entry and gauging the market sentiment. If it corrects to 75 or 50 billion, you buy. https://www.theblock.co/data/crypto-markets/spot
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lrman:It seems you're in my head. I wanted to modify my post just now and add, "As long as you don't re-emerge with a new moniker, God will continue to bless you, but even if you re-brand, do it with a new behaviour that focuses more on giving than taking," but you took the words out of my mouth. Haha. |
godlyguy:This kind of question is the main reason I should take writing this book seriously. There is something called the 4 year cycle. That is how BTC price fluctuations move. Some people start their first year with Buy Year (they call it different names), but to keep things logical, I call it the way I do. Relax, Sell, Buy, Buy-more or Re-Se-Bu-Bu. Relax year already assumes you've bought in previous cycle's Buy year or buy more year, hence it's time to relax and enjoy the ride as late comers pump the price and you sell the following year, called sell year. Edited: Does buying stop on buy or buy more year? Yes, for BTC and top 20, it stops there unless something called a black swan happens and the price goes lower than those two years as it did or almost did in March 2020 COVID crash. For the rest of the coins, buying is best in either 4th quarter of Relax year or 1st quarter of Sell year, then you sell 6-10 months later. Even though buying BTC and top 20 stops in Buy/Buy-more year, you can still trade them any day, any time, but buying to hold them had already stopped till another bear market. |
Alexas58:That'll be great. Whenever we're bored, we'll call you back for entertainment purposes. God bless you for your time here. Chai, this comment wey I make go just make this guy change him mind. I too like trouble. ![]() |
godlyguy:No, Relax Year. Let me overdose you, but please, the price in the overdose is not a prediction, but random numbers. Check the date on the last image. BTC CYCLE FROM 2012 TO THE LAST IN 2140 1. 2012 - 2015 Cycle (2012 = Relax. 2013 = Sell. 2014 = Buy. 2015 = Buy more if necessary crash) Price: $119 2. 2016 - 2019 Cycle (2016 = Relax. 2017 = Sell. 2018 = Buy. 2019 = Buy more if necessary crash) Price: $19k 3. 2020 - 2023 Cycle (2020 = Relax. 2021 = Sell. 2022 = Buy. 2023 = Buy more if necessary crash) Price: $69k 4. 2024 - 2027 Cycle (2024 = Relax. 2025 = Sell. 2026 = Buy. 2027 = Buy more if necessary crash) Price: $89k 5. 2028 - 2031 Cycle (2028 = Relax. 2029 = Sell. 2030 = Buy. 2031 = Buy more if necessary crash) Price: $99k 6. 2032 - 2035 Cycle - 2032 = Relax - 2033 = Sell - 2034 = Buy - 2035 = Buy more if necessary crash Price: $100k 7. 2036 - 2039 Cycle - 2036 = Relax - 2037 = Sell - 2038 = Buy - 2039 = Buy more if necessary crash Price: $130k 8. 2040 - 2043 Cycle - 2040 = Relax - 2041 = Sell - 2042 = Buy - 2043 = Buy more if necessary crash Price: $150k 9. 2044 - 2047 Cycle - 2044 = Relax - 2045 = Sell - 2046 = Buy - 2047 = Buy more if necessary crash Price: $200k 10. 2048 - 2051 Cycle - 2048 = Relax - 2049 = Sell - 2050 = Buy - 2051 = Buy more if necessary crash Price: $230k 11. 2052 - 2055 Cycle - 2052 = Relax - 2053 = Sell - 2054 = Buy - 2055 = Buy more if necessary crash Price: $250k 12. 2056 - 2059 Cycle - 2056 = Relax - 2057 = Sell - 2058 = Buy - 2059 = Buy more if necessary crash Price: $300k 13. 2060 - 2063 Cycle - 2060 = Relax - 2061 = Sell - 2062 = Buy - 2063 = Buy more if necessary crash Price: $330k 14. 2064 - 2067 Cycle - 2064 = Relax - 2065 = Sell - 2066 = Buy - 2067 = Buy more if necessary crash Price: $350k 15. 2068 - 2071 Cycle - 2068 = Relax - 2069 = Sell - 2070 = Buy - 2071 = Buy more if necessary crash Price: $400k 16. 2072 - 2075 Cycle - 2072 = Relax - 2073 = Sell - 2074 = Buy - 2075 = Buy more if necessary crash Price: $430k 17. 2076 - 2079 Cycle - 2076 = Relax - 2077 = Sell - 2078 = Buy - 2079 = Buy more if necessary crash Price: $450k 18. 2080 - 2083 Cycle - 2080 = Relax - 2081 = Sell - 2082 = Buy - 2083 = Buy more if necessary crash Price: $500k 19. 2084 - 2087 Cycle - 2084 = Relax - 2085 = Sell - 2086 = Buy - 2087 = Buy more if necessary crash Price: $530k 20. 2088 - 2091 Cycle - 2088 = Relax - 2089 = Sell - 2090 = Buy - 2091 = Buy more if necessary crash Price: $550k 21. 2092 - 2095 Cycle - 2092 = Relax - 2093 = Sell - 2094 = Buy - 2095 = Buy more if necessary crash Price: $600k 22. 2096 - 2099 Cycle - 2096 = Relax - 2097 = Sell - 2098 = Buy - 2099 = Buy more if necessary crash Price: $630k 23. 2100 - 2103 Cycle - 2100 = Relax - 2101 = Sell - 2102 = Buy - 2103 = Buy more if necessary crash Price: $650k 24. 2104 - 2107 Cycle - 2104 = Relax - 2105 = Sell - 2106 = Buy - 2107 = Buy more if necessary crash Price: $700k 25. 2108 - 2111 Cycle - 2108 = Relax - 2109 = Sell - 2110 = Buy - 2111 = Buy more if necessary crash Price: $730k 26. 2112 - 2115 Cycle - 2112 = Relax - 2113 = Sell - 2114 = Buy - 2115 = Buy more if necessary crash Price: $750k 27. 2116 - 2119 Cycle - 2116 = Relax - 2117 = Sell - 2118 = Buy - 2119 = Buy more if necessary crash Price: $800k 28. 2120 - 2123 Cycle - 2120 = Relax - 2121 = Sell - 2122 = Buy - 2123 = Buy more if necessary crash Price: $830k 29. 2124 - 2127 Cycle - 2124 = Relax - 2125 = Sell - 2126 = Buy - 2127 = Buy more if necessary crash Price: $850k 30. 2128 - 2131 Cycle - 2128 = Relax - 2129 = Sell - 2130 = Buy - 2131 = Buy more if necessary crash Price: $900k 31. 2132 - 2135 Cycle - 2132 = Relax - 2133 = Sell - 2134 = Buy - 2135 = Buy more if necessary crash Price: $930k 32. 2136 - 2139 Cycle - 2136 = Relax - 2137 = Sell - 2138 = Buy - 2139 = Buy more if necessary crash Price: $950k 33. 2140 - 2143 Cycle - 2140 = Relax - 2141 = Sell - 2142 = Buy - 2143 = Buy more if necessary crash Price: $1M Tip: If the last digit or the last two digits of the year is divisible by 2, it's either a Relax or Buy Year. If it's not divisible by 2, it's either a Sell or Buy more year. Example: 2024, the last digit is 4 and the last two is 24. Are they divisible by 2? Yes. So it's either. Relax or Buy year. But you need to crosscheck to find the one it truly is out of the two candidates.
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seanwilliam:Sol is in top 20, so yes. Same thing we've been preaching. |
Alexa54, as a TA guru, this is what I want you to do. I took this trade even though I don't consider myself a trader. This is just to show you an example of what you're supposed to be teaching us. Teach the people how to master candlesticks, chart pattern, support and resistance (stage 1). Teach it to us in a way even a 6 year old will understand and will condemn every videos they've ever watched on YouTube about the topic and praise only yours. In the chart below, on 4 hour TF, why did I take this trade? 1. It was at a support after a strong downtrend 2. (#1) An indecision spinning top appeared to signal the downtrend is getting weak, but you have to wait for confirmation. 3. 8 hours later and sadly, (#2) a long bearish opening Marubozu candle appeared and it dumped further. That means the elders decided it'll be a dump. 4. Luckily, a long bullish candle countered it. Number 2 and 3 candle combined is called piercing pattern and it's bullish in nature. 5. Indecision doji appeared in number 4, so you want to wait. 6. Finally, the oga appeared, a hammer, which is a bullish candle when it appears after an exhaustive downtrend in a support and it signals 2nd buy. The first buy signal is the piercing pattern. This and more, in multiple TF is what we expect from you as a TA guru, but no, you're focused on 20 billion Dollar group. You also talk about how volume affects the moves and how to manage risks + everything about TA while hiding 1% for yourself. We are all waiting for this kind of lectures from you, thank you, Sir. Everytime you keep telling people to post their TA. We don't know. We no sabi book. Teach us and be detailed while making it easy to assimilate. With this, your paid group go full. Zoom the last image to see the details there.
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OgogoroFreak:I'm really jealous of a scammer's determination. |
Alexas58:If your parents are still alive, they are strong and I respect them for that. It's not easy. If they're dead, thank you for killing them. They'll be so glad they ran away from the problem they created. I'd do the same if my child combines 1. Stubbornness, 2. Shamelessness, 3. Pride, 4. Noisemaking and 5. Scammy/dishonest behaviour together Every great man exhibits only 1 or 2 on the list, not all of them at once. It's only Bobrisky, Uche Maduagwu and a few other wayward kids that have all and no sensible person takes them seriously even when they occasionally make sense. Rebrand yourself. This is how to do it: Deliver a TA lecture this year and next year. Give away 99% of your TA secrets and keep 1% for yourself. The moment we begin to smile and say, "Wow! His TA is unique and it works," we'll be the one begging to join your group. Since you've used controversy to make a name for yourself, you'll now become the most famous person in the group. Controversy without a selling product that people love is noisemaking. I have used this strategy before in my relationship book era and made a lot of money. Why? I first laid a solid foundation of giving more than I demand. Not just giving, but teaching how to fish. I love when people are independent without always reaching out to me saying, "Should I do it this way or that way." This is why you should teach them how to fish. Some mentors always want to take all the glories, they don't want you to stand on your own. Nigerian politicians are like that too. I feel you're still developing despite how many years you may have been in the game. Rema that started yesterday is globally more popular and richer than so-so and so that even inherited music. Rema gave 100 million to Church, this and that millions to a lot of people, yet he's a new cat. But a supposed OG wants to milk ONLY! Think about it. OG without much monetary or intellectual values to the community is ODE and the people are smart enough to see it. Pride will make a man who's wrong act unbothered and continue the same shenanigans to make people feel he doesn't care, but deep down, he does. We all have it —just that some of us don't like to be told what to do, but luckily, we find a way to amend for a better tomorrow. |
EmeraldHash has given me a little push to craft titles and set the table of contents. Have I done it before? I can't recall. I didn't want to do it, but remembered an Andrew Tate's video I stumbled on and he said, "Success is not by how you feel, but by doing what needs to be done regardless of your feelings. Any man that operates on feelings will always remain at the lower echelon of the pyramid of greatness." Omo, that quote has so much power if you understand it. Book 1: Must-Know Basics and Foundations, Else You're DOOMED Book 2: Fundamentals and Secrets. Don't Expose Them to Others—It's Your Dirty Little Secret. Book 3: Technical Analysis Simplified Like You’re a Kid, Yet, You'll Master It Like a Pro Book 4: Greatest Indicators Even Gurus Don’t Know That'll Make You Scream DAMN! How Is This FREE? Book 5: The Psychology of the Game and How Not to Lose It All Like a Gambler |
EmeraldHash:I don’t really advise people much nowadays because everyone already has their own plans. Whatever you do, make sure it generates money while you maintain good health. A degree is for pride, but the real world is a stride, and the most resilient wins. I have never used any of my degrees or certifications for work. At one point, we wrote a CCNA exam—one of the top 10 toughest cybersecurity exams in the world. Out of everyone who participated, including people from different countries and seven Nigerians, I was the only one who passed. I still have the certificate in my room. What did I do with it? Nothing. It’s just for pride. Those Asians, Black men, and White men who failed—are they failures today? No. I achieved more from the experiences I gained socializing and clubbing. I partied more than anyone else. They never saw me studying, but I read when no one was watching. What I’m trying to say is this: Whatever paper you’re chasing, put in your best effort without depriving yourself of a social life. But always remind yourself that the paper is for p.ride, while the real world is a st.ride. Success in the real world requires relentless effort and an atom of passion because, when the journey gets tough, no one is coming to save you but your passion or aim. And how do you strive and attain success faster? By solving people’s problems without being desperate for financial gains. HUGE SECRET. When I see people acting desperate for money, I just laugh. They don't understand success. They don't understand the power of giving more than you take. When the online or offline community you helped cook for you, you can't finish the food. Put them in a position where they are the ones eagerly begging you to take their money in exchange for what you know or the skills you offer. Do other people offer this skill? Yes, but why you? There is a connection and addiction towards you because you've given so much for free already. If your skill is digital, that’s great. If it isn’t, that’s still fine. Digital skills just provide more freedom. There comes a time when you have to monetize what you offer. When the financial gains start coming, invest in GLE-BOSS. What does that mean? Gold, Land, Ethereum, BTC, Oil, Solana, and the S&P500. All of these are digital assets except land. Sure, invest in your health, adventures and brand new skills. I have a lot to say from experience, but let’s cut the epistle short. I’ve realized that many people want to start crypto, but the information out there is overwhelmingly draining, boring and disorganized. They don't even spice it up with some related stories or humor, be it edgy or clean to make it memorable. I went through that information paralysis stage until I figured it out and realized it’s all by design. The gurus make the industry seem complicated so you’ll pay for mentorship. I don’t blame them—man must wak. YouTube is full of them. If I were to write crypto books (Book 1: Must-Know Basics and Foundations; Book 2: Fundamentals and Secrets; Book 3: Technical Analysis Simplified Like You’re a Kid; Book 4: Greatest Indicators Even Gurus Don’t Know), readers would voluntarily come back to pay again as a way of thanking me for simplifying the subject. Yes, I’d make it simple yet comprehensive and detailed, leaving no stone unturned. But the real problem in this industry is PATIENCE AND EMOTIONAL CONTROL. These are not simple concepts—they involve a certain spirit called "greed." Even successful people still harbor traces of it. Perhaps Book 5 would cover the Psychology of the Game and How Not to Lose It All. Are you hunting airdrops? Not bad. Whatever you do legally to raise money is acceptable. “This is the best read I have ever read in crypto.” Are you sure? I doubt it. The best hasn’t been posted yet because certain keywords trigger Nairaland’s spambot, and they get taken down. As for the books, I’ll consider them in due time, but the zest isn’t there yet. I wish you the best in your endeavors. And remember: Degrees are for p.ride, but the street is a st.ride. Oh, I said I'll stop typing but my fingers keep pushing me to do more. I'm like Speed Darlington, Akpi. Na rap lines just full my head from this prison yard wey I dey.
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Yes, I know it can be painful when people are losing money and someone is busy posting long epistles. If you want me to stop, click share. If you don't mind, click like.
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I asked GPT two crucial questions. List the months major correction happened in 2012, 2016, 2020 and 2024 and their percentages as long as they're at least 9%. These years are called Relax Year. Here’s a list of major corrections (≥9%) in the cryptocurrency market for 2012, 2016, 2020, and 2024, including the months and approximate percentage drops: 2012: Major Corrections 1. August 2012: Event: Bitcoin Savings and Trust Ponzi scheme collapse. Drop: -35% Details: BTC fell from around $15 to $9.75 as trust in the ecosystem was shaken. 2. November 2012: Event: Pre-halving selloff due to miner uncertainty. Drop: -10% Details: BTC dropped from $13 to around $11.75, but the market quickly recovered after the halving. 2016: Major Corrections 1. January 2016: Event: Market correction after 2015’s late rally. Drop: -20% Details: BTC dropped from $430 to $350 within a month. 2. August 2016: Event: Bitfinex hack. Drop: -28% Details: BTC plunged from $650 to $470 in a matter of days. 3. October 2016: Event: Pre-election volatility in global markets. Drop: -10% Details: BTC dipped briefly from $630 to $570 before resuming its upward trend. 2020: Major Corrections 1. February–March 2020: Event: COVID-19 global market crash. Drop: -56% Details: BTC dropped from $10,500 in mid-February to a low of $4,000 by mid-March. 2. September 2020: Event: DeFi bubble correction and regulatory fears. Drop: -18% Details: BTC fell from $12,000 to $9,800. 3. November 2020: Event: Pre-election jitters and profit-taking. Drop: -10% Details: BTC briefly corrected from $16,500 to $14,800. 2024: Major Corrections (So Far) March-August dump 2024: Event: Overbought and 6 months consolidation. Drop: ≈ 35% Details: $26k off 74k ($48k) Question 2:[b] [b]What about 2013, 2017, and 2021? These years are called Sell Year. From the answer here, we'll deduce how 2025, another sell year, will pan out. Here’s a breakdown of major corrections (≥9%) in the cryptocurrency market during 2013, 2017, and 2021, focusing on months and approximate percentage drops: 2013: Major Corrections 1. April 2013: Event: Bitcoin flash crash after a sharp rally. Drop: -83% intraday, -50% sustained Details: Bitcoin reached a peak of $266 but crashed to $54 within hours due to panic selling and overloaded exchanges. 2. June 2013: Event: Market correction post-recovery from April crash. Drop: -30% Details: BTC fell from $140 to around $100. 3. December 2013: Event: China banned financial institutions from handling Bitcoin transactions. Drop: -50% Details: Bitcoin fell from its all-time high of $1,200 to around $600. 2017: Major Corrections 1. June 2017: Event: ICO bubble concerns and profit-taking. Drop: -37% Details: BTC fell from $3,000 to $1,900 before rebounding. 2. September 2017: Event: China’s ICO ban and exchange crackdown. Drop: -40% Details: Bitcoin dropped from $5,000 to $3,000 before resuming its bull run. 3. December 2017: Event: Bitcoin’s first significant bull market top. Drop: -45% by end of the month Details: BTC fell from its peak of nearly $20,000 to around $11,000. 2021: Major Corrections 1. May 2021: Event: China’s crackdown on mining and Elon Musk’s comments on Bitcoin’s environmental impact. Drop: -50% Details: Bitcoin dropped from $60,000 to $30,000. 2. September 2021: Event: Chinese ban on cryptocurrency transactions. Drop: -23% Details: Bitcoin fell from $52,000 to $40,000. 3. November 2021: Event: Start of the bear market after the bull market peak. Drop: -17% by month-end Details: BTC dropped from $69,000 to $57,000, marking the beginning of a prolonged downtrend. The lesson I found is, in relax year, in August or JAS months (July, August or September) or any sad month, expect at least 28-30% correction. In sell year, expect 30-50% correction. This is to say, divide the top price of BTC by 2 and expect the answer to be the worst scenario. That'll be 108/2 = 54k. That is the worst case scenario. (anything lower is black swan) What of second worst case? It's 40% and it's 64,800. What of the third worse case scenario? It's 30% off 108k and that is $75,600. What of best case scenario correction? It's 20% of $86,400. There you have it, 2025's scenarios. The worst case $54k The second worst $64.8k The third worst $75.6k The best case scenario $86.4k Pray for the best, prepare for the worst and purchase the best vetted coins at the right time and at the right season. A good strategy and knowing the season we're in, the catalysts that trigger pumps or corrections and time of the market will keep you safe. Sometimes, people that play it safe, but don't factor in the worst case scenarios do get hurt too. |
oliverethan:Tested, approved and trusted. |
Did you remember this post I made on the 14th of August about time? It's still valid. Read it again. What did I say about when gurus argue? iLegendd:That day when gurus are fighting each other on social media about who was right—that day when the person who was right screams, "I told you all, but you didn't listen." That day is always a special buying or selling day, depending on the market's direction and stage.
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kalu61:BTC is the boss and every other coin, including ETH is just for fun and promises. Peller is a young Nigerian who mixes English the way he likes, yet he makes more money than most graduates who speak Queen's English. This is to say, alts are not totally bad because they'll surely make you more money during altseason, but in BTC season, they'll struggle and whenever they pump, take profit else you'll lose them and even some of your capital. Now, here is the thing. During BTC season, which we're still in, most old alts with no updates or upgrade going on for them will bleed against BTC. The new ones might pump. It's normal youthful exuberance. In crypto, we have different pairs like CoinName/USDT CoinName/BNB CoinName/USDC CoinName/BTC CoinName/DifferentCountriesCurrencies During BTC season, always assess the performance of your coin ONLY based on YourCoin/BTC. When you check the chart and the candle is going down, it means your coin is underperforming against BTC, so it would be better to abandon your coin and buy BTC. But if it's going up, BTC is underperforming compared to your coin. Maybe "our" money is small that's why we bought alt. But, you bought it at the wrong time, during BTC season, where BTC outperforms most coins. Since you don't want to buy BTC during BTC season because it's smelling, at least buy only top 20 alts. If those ones are smelling too, then keep your money in USDT until the American government starts Quantitative Easing, QE, then, you buy any alt of your choice. (This QE happens at the end of relax year or beginning of sell year). Currently, they're doing QT, quantitative tightening. I might have confused you, if you're a beginner, so let me try again. Your question is: "Why BTC pair? Because l never thought of this. I always use usdt pair due to the simplicity of knowing the coin price than BTC that you will have to crack your head.. Because of the season. We have Bull and Bear season. Inside Bull season, we have two seasons called BTC season and Altseason. Inside BTC season, we have bloody months and green months. You need to know them so you can be prepared. When you're in BTC season, you monitor alts, not buy, until they double bottom against their BTC pair. They don't double bottom at once and some of them don't even double bottom at all, hence you have to monitor them to see when they've bled way too much against their BTC pair so you can start DCA'ing. I wish there is an app that sends double bottom alerts. I'll do some research on it. Saying you shouldn't buy alts at this time is not totally true. You can buy (gamble), but just know you're buying at the wrong time as long as it's not BTC or top 20 or a few (1-5) of the newly listed big boy alts. Any other thing in this BTC season is gambling with your money and if you're old in the game, you can navigate around it and that's why taking profit whenever you see gains is important in any alt you bought out of emotions (in BTC season) that is not in top 20 or newly listed top 5 big boys. So, you monitor their BTC pairs, using the 1 month timeframe until they double bottom against BTC, then you buy the USDT pair of that coin or you wait till altseason starts, which will only happen when QE starts. Sadly, QE will start in January or February 2025. So, most profits alts made in this BTC season will be wiped off by at least 80% whenever BTC bleeds off 30-50%. Are you still confused? Wetin I mean be say, for BTC season, only buy BTC or top 20 alts or top 5 newly listed big boy coins with perfect tokenomics. For the rest, wait until there is double bottom on their BTC pair before you buy or just kukuma wait until QE begins before you buy them. QE begins = The American government is printing money and Americans now have access to lots of money to shalaye and invest in whatever they want and most of them run into crypto and stocks. This printing of money helps increase global liquidity and reduces the value of the American Dollar. Too much circulating = less valuable, hence, Americans rush into crypto to protect the value of their devalued money. As a wise Nigerian, the moment you knew Emiefelẹ̀ was about to print lost of money, the first thing will be to convert all your money to Dollar and immediately to Crypto. Since the American denomination is already Dollar, they don't need conversion, but straight to crypto and what do they mostly buy? Meme coins, especially Doge and the rest. Question 2: I just checked BTC pair on ICP vs USDT to discover difference in YTD. WHY IS THAT? Tell us what you found. If the answer to your question 1 is not clear, let me know. If it's your first year, see your loses as initiation fee. Some of us paid millions + tears to join this cult group. If you haven't cried, you aren't a full member yet. Anyway, you haven't really lost except you give up totally on the industry. These loses is the only thing that'll make you say, "Enough is enough, I must learn and master how this system works and I'll tell my story one day to inspire others." |
iLegendd:Even some celebrities you see today sacrificed their souls to be where they are, but ordinary money, you can't sacrifice, yet you're jealous of the riches of some rich men and want the same for yourself. When you hear a kid used $27 to make 15 million Dollar, you begin to scream, "God when?" What if he spent $27 each in 27,000 different meme coins ($729,000). Then left it because to him, 729k is nothing and it's the sacrifice, the price he has to pay. Luckily, 1 or 7 of them clicked. Even before he bought these meme coins, he did proper research or paid someone to learn how to research memes like a pro to avoid ruggpulls. This doesn't mean you won't be rugged, but at least, he knows the narratives he's going for. I heard Mrbeast does this thing too. His team will put $100 in thousands of potentially great memes and forget about them because this 1 million Dollar budget he has for this sacrifice is nothing to him. You think all his money is from YouTube and ads? So, you must sacrifice something to make it. It could be 1. Your conscience (soul) 2. Your dignity (they'll call you irresponsible, but you'll be making money) 3. Your time 4. Your health 5. Your religious belief 6. Your money and even 7. Your purity or 8. Your sanity (peace of mind) Then after you've made it, it's now time to diversify and reduce or eliminate stress and dangerous risks. People only hear about the victories/successes, not the pains and sacrifices.
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iLegendd:I decided to talk about number 10, which is actually my number 1 or at least, number 2. 10. Finally, no, let me keep this one for another day. Okay, let me expose it even though I have done it in the past. I know a lot of people have forgotten. It's supposed to be number 1, but I don't want lazy readers to see it. Take a pen and write this down. 1. I enter Coinmarketcap app and click on top 100 or some times, top 200. 2. Then, I click on BTC pair, not USDT. 3. Now, I go through all the coins there using the 1 month timeframe looking for the ones that just recently double bottomed on their BTC pair. Forget about the chart or price of their USDT pair — it's irrelevant. 4. And the moment I see them, boom, I run instant routine check on the coin's health, momentum and if it has a big team or community/fanbase and if yes, buy immediately. Currently, as I type this, I just spotted AR, ICP and a host of others that just double bottomed or "almost" on their BTC pair and I have bought some a few minutes ago at $17 for AR, $10 for ICP, etc. Does this mean they won't go down further? Of course they "may" when BTC crashes more this month or first quarter of 2025. But bottoming on the monthly timeframe on their BTC pair is a huge deal and a secret OGs hide from newbies. It's a money making secret. If you spot them and start DCA'ing into those coins, you're ahead of the game. You're front-running everyone and if the coin has an update, upgrade or a big news coming up, it makes the pump that'll happen more parabolic. This is like using the backdoor to catch top 100 coins that'll pump heavily when alts have a chance to breathe.
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Fastt:Pnut dey fry groundnut for village. Wif is wif his wife. This is the period I love to buy some as a form of temptation to draw the coin lower. But, seeing BTC at -10% or more in a day is my best entry days. |
harry2sexy:Did you enter your trades in one of those 5 green days? If your reply is no, that's where the problem is. No matter the height of woman, she must go on her knees when it's time for doggy. That's crypto for you. |
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Theirs is the best, yet they won't share or teach it. 
