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InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 9:33pm On Aug 23, 2024
I'll create a group soon, specially for best indicators on Tradingview for each style of trade or each section of trading tools like ichimoku, FVG, RSI, ICT style, etc.

Since I go through every single free indicator for each style of trade on every timeframe to see how they work, I'll be in the best position to handle this. If you like the idea, drop a like or a share.

Also, look at the image below. Which number do you think makes the best money followed by which?

Also, which number is the most desperate or the most frustrated?

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m):
There is one way I find the best indicator among a specific task. It takes an hour or two, but you won't regret it. It's actually fun.

Let's assume I want to find the best FVG indicators, I type FVG on my indicators search bar and go through all of them. I also search Fair Value (without "gap").

Anyone that makes sense, after checking them on all the timeframes from 12 months to 1 minute, to see how they look, I favorite them until I have gone through all.

I go back to reuse and compare the favorited ones and end up choosing the best 2. These are indicators you'll be shocked were free, but most don't know them.

Give this a try and you'll thank me for it. And don't forget, have a note of your favorite and give a summary of what it does best and the best timeframe to use it.

Document everything you use in crypto. Be organized. It's not about the indicator, but things you'll see in your research.

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 2:47pm On Aug 23, 2024
Artscollection:
Ile.gend are you following simons cat coin that was launched yesterday, what do you think?
No idea about it.
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 5:17am On Aug 23, 2024
Guys, while being optimistic like me, you see these red prices, they're important.

Have orders in at least, two of them that you like incase these evil people orchestrate any black swan event through war, hack, ban or disease outbreak.

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 5:13am On Aug 23, 2024
Deasegun19:
Tapswap dey do merry go round.

We on dogs
grin
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 3:06am On Aug 23, 2024
It's been long I heard of Tapswap? What happened? It looks like all of you have cashed out and have refused to pay tithes. 😢
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 3:03am On Aug 23, 2024
Meerahbel:
wink
Life is a risk
The power of conviction.
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 2:58am On Aug 23, 2024
Hedgefunds:
I think traders are abandoning Eth for Solana.
@ile.gendd your opinion..
Sol has done so well this year already, but will do more. Eth, on the other hand, has a long way to go and these manipulators don't want people to notice so that it'll pump and leave them behind.

The best way to buy clothes cheaply in the market is to act as if you don't like that color.
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m):
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 11:33pm On Aug 22, 2024
Elliotwaveforec:
Too many cooks spoil the broth!
You love making side comments with exclamations! Why are you like that? Is there anything I can do to make you happy?

Should everyone keep quiet and only appear once in 2-4 weeks and scream, "Wave 1, wave 2, wave 3, I told you so?" cheesy

Is that what you want?

I got no strength to fight though, so I'll ignore any banter and give you your deserved flowers. 🌹
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 11:15pm On Aug 22, 2024
muhamm3d:
It's the way some of you that claim to be crypto experts are just unnecessarily condescending and arrogant. I even said I'm using a demo account and just trying to see how the indicator you posted works. I believe that's one of the reasons this page was created. Experts share ideas then maybe novices could be eased into the system. Rather, It's as if the moment someone else learns crypto you suddenly stop making profit. Like what's the big deal!! Oh I sell at so so. Or no, I don't sell at so so. 'i give up' like you have made one long explanation about crypto or the indicator that every 5 year old should understand. If you cannot explain what you post then keep it to yourself please. I don't why you even showed it. Later we wonder why black people don't grow as a community. Everyone with a little advantage or knowledge sees it as power over others. Right from the beginning your response has been dismissive and arrogant. On top crypto! You will be fine sha.
You don't need to delete. I saw what you wrote. I don't use color coding, but because of newbies, I had to come up with one as if we're in nursery school just to make things easily understandable. I took my time to always reply you, but you were more focused on saying the indicator is terrible.

Even in my first post, the one you quoted on the 21st, I said, in green color, that it must be 1 day time frame for bull market, but you chose to use 1 minute. How's that my fault?

Also, I dislike day-trading or anything less than 1 day timeframe. I do opportunistic trading.

Here you are, rubbing what I dislike (lower timeframe) on my face and still saying the indicator is terrible while you were doing the wrong thing.

An indicator I was so elated when I found it and even the owner, who posted it two days ago, took it down because he knows the power it has. He probably doesn't want people to use it for free, but luckily, I have already copied the code.

Hmmm!

Enjoy, na me eff up.

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 11:00pm On Aug 22, 2024
Because of the previous indicator's issue, I modified another indicator and came up with a good buying strategy in a both bull and bear market.

It's a Bollinger band indicator, stacked 6 times, but I changed the parameters and used RUGBY color coding, then did a backtest and noted how it behaved and from what I noted, it's a banga, but you need to know the time of the market. Bear or bull? Downtrend or uptrend?

The most prominent behavior is, your buy 1 is in bottom blue and sell 1 top yellow (in a bull market).

There are 4-5 more ways to use it. Timeframe is 1 day, not 1 minute o.

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 10:38pm On Aug 22, 2024
BTC analysis from 2010 to 2024 after using 60 day cycle indicator by goat-farm to backtest its behavior in the past

I altered the color to meet my RGB coding. When the color is more than 3, I use RUGBY coding, else, RGB.

Key levels

Cloud 1 = the red one (200, 400 EMAs)
Cloud 2 = the green one (55, 89 EMA)
Cloud 3 = the blue one (9, 21 SMMA)

* Use 1 week TF only to check bear market bottom. When it gets there, it'll print 3-5 buys. Two of them will be unnecessary because they'll be in range, but in different days. As it goes lower, let your purchase increase.

* Use 1 day timeframe ONLY for trading entry that'll last weeks or months (14 to 80 days) before you take profit.

Whenever it prints buy on 1 day TF in a bull market ALWAYS BUY, but have up to 4 more accounts ready should it goes lower.

WHEN DOES IT PRINT BUY?

It's when it touches the yellow line at the bottom.

On the 1 day timeframe, ignore all the buys it prints in bear market years like 2014, 2018, 2022, 2026, etc. This is why it's good to know when you're in a bear market and when you're in a bull market.

Only use 1 week timeframe for bear market purchases. (Reminder). 👂

WHEN DOES IT PRINT SELL?

The indicator is only to find buying opportunities, so it's your job to determine when to sell. You can use the blue line at the top for that.

* In a bull market, in sell stage (2013, 2017, 2021, 2025, etc.), 1 day timeframe, it prints 4-5 buys or gets close to touching the yellow line 6-10 times or better put, 6-10 times mini-dumps and 2 of these dumps are bound to be severe to frustrate and make everyone think the bullrun is over prematurely.

Then it consolidates for weeks or a few months to gain momentum and finally have that final parabolic move everyone has been dreaming of (which could either happen in late October, mid November/December, sell stage, or next year's January, buy stage year.)

So, in those 4-5 buy buttons or 6-10 times it touches or gets close to the yellow line, in sell year, BUY! Yes, buy — especially if you haven't already bought in 2022's 17k-15k bottom.

My post is all about BTC and ETH and maybe, S&P500. Those are the three I used the indicator on and they work well.

I don't know how it'll performs with alts. If you're using it on alts, you're on your own, though, it might work if you modify the EMAs and SMMAs or use an appropriate timeframe.

* In a bull market, in relax stage (2012, 2016, 2020, 2024, etc.), 1 day timeframe, it must go close to the yellow line 6-8 times and must touch at least, 3 times and prints buy 2 times.

Sadly, if any manipulation, as usual, black swan event happens, there will be a 40-50% dump. We are actually in relax stage, 2024, and we have witnessed a 33% dump. Is it enough before the new leg up or must we make it 7% or 17% more?

This, I can't tell, because history doesn't always repeat itself, but it does rhyme with some traceable similarities. Some times, new history needs to be made.

* In a bull market, in buy more if necessary stage, (2015, 2019, 2023, 2027, etc.), 1 day timeframe, it must print 4-6 buys and 4-6 times close to touching the yellow line.

* In a bear market, use 1 week TF only and it prints buy 3-5 times, but two of them will be unnecessary because they'll print on the same price range but in different days, weeks, or even months. A buy call is only considered a new opportunity when the new buy price is 1 or 2 skips from the previous buy. What do I mean?

Example:

You bought at 38k and the next number is 37k, but it's invalid in the Even Number DCA system. So, it must be 36k, 34k, 32k, 30k, and down it goes in even number.

Two skips from 38k will be you skipping 36k and 34k to buy at 32k, if it keeps dumping to that level. So, this is why it's not all "buys" it prints in a bear market you must buy. Ignore some.

But, if it's November, December bottom of the bear market, buy o! I'm only refering to BTC and ETH at the moment.

I'm sorry to newbies. The chart looks complex, but no, it's too easy. Na you just dey fear.

I'll make sure the indicator comes back to life in due time.

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 10:37pm On Aug 22, 2024
muhamm3d:
I am using it on for BTC and on the 1 minute timeframe. Also please im a little conflicted. Do you sell the moment the candle touches the blue line or you wait. Please what's your trigger to sell on the indicator.
@Bold. I give up.
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 8:47pm On Aug 22, 2024
muhamm3d:
Yes bro. Not as accurate at all
I hope you're using it on BTC, ETH and S&P500 and not alts.

I hope you're using 1 day timeframe for this bull market and 1 week TF for bear market. Are you doing the above?

It will be impossible charging a Nokia phone with type C charger.

Which coin did you use it on and which timeframe?
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 6:47pm On Aug 22, 2024
muhamm3d:
Oh wow. I just checked now and it's no longer there. But I still have it opened on trading view. But today's signals has been terrible. Just giving wrong signals since morning. I have opened it since yesterday without ending it.
@Bold.
You mean, the indicator gave terrible signal today?
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 5:17pm On Aug 21, 2024
muhamm3d:
please what is the name of the 2nd indicator in the picture. The one down the picture
Gucci. It seems the creator has removed it, but we're working on getting a duplicate.
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m):
I noticed the Gucci indicator, the one I was praising, has been removed from Tradingview. It was created two days ago. Either the owner is modifying it before making it public again or he has made it private.

Kindly search for Gucci on Tradingview to see if you can see it. It's by Goat-farmer (the name of the creator). Though, the indicator is showing in one of my Tradingview chart because I added it before the removal, but the name is not showing again in the indicator search bar.

If any of you can create an indicator, kindly quote me and I'll send you the script. I'm currently on mobile.

Modified: Visit the link to get the pine script for the indicator. It's quite easy to deploy. Use YouTube to learn how to create an indicator. When you're done, tell us the name you gave it so we can use it.

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 6:48am On Aug 21, 2024
2026 is buy stage while 2027 is buy more stage if necessary. That means he's buying in preparation for 2028-2031 bullrun. (I start my bullrun naming from halving year even though it starts from the day bear market sees its bottom).

Pay attention to the yellow line at the bottom and the blue line at the top. They're the two most important.

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m):
An open source Tradingview indicator called Gucci is the source of my joy. There are other indicators similar, but this one is built with the 60-day cycle in mind. It might look complex at first, but calm down, it's easy!

It's a 7-in-1 indicator. It does 5+ things. With it, you'll dispose 90% of your other indicators.

After backtesting it, it has more than 90% accuracy from 2010 BTC chart to 2024. In fact, it's perfect.

I'll take my time to explain it, but note, it's best on 1 week timeframe for bear market and 1 day timeframe for all 3 stages (buy more, relax, sell) of bull market.

Any other timeframe, you're on your own. Expect my explanation on how it works, but you can figure it out yourself though.

I like it to the point I had to save the source code incase the owner decides to make it premium so I can recreate it myself and avoid paying.

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 12:33am On Aug 21, 2024
Wow! wow!! wow!!! I don't sound like a siren like this for NOTHING!

This is tears of joy. My 60-day cycle research has finally come to an end with good news!!! The power of not giving up.

With what I have just discovered and back-tested, if I say I want to sell this info I just found for $1000, most people with the money will happily pay. If you now add this discovery to Cascading Effect Strategy, you'll be among the top 1% profitable people in crypto.

Lemme take my breath before I share this info. I'll give it out for free and that's how it's supposed to be.
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 10:20pm On Aug 20, 2024
My advice to anyone using this method is to modify it to suit their trading or investment style.
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 10:06pm On Aug 20, 2024
harry2sexy:
How them do you set TP after trade 5?
This method is not about taking profit, but entering trades until one of them wins so good that it covers for all losses. You now take profit when the market or coin is at overbought.

This method is built with peace of mind, division of labour, backup and abundance mentality in mind.

Profit is secondary, which will eventually happen when it's at overbought, if you're in a long position.

This is why I use high leverage with it. Others can use lower leverage if that's what they're comfortable with.
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 10:02pm On Aug 20, 2024
Abezol4jah:
Suppose the stop loss is activated just before the liquidation. And there is a price leg up. How do I avoid missing out on the trade?
I hope whoever is asking has already ready the full post.

Let's assume it's BTC long, trade 5 and your liquidation is at $58,478. Your stop loss could be $58,489 or even $58,500 and your new long trade 6 could be set to buy (long) at $58,509.

This method doesn't mean the trader should keep buying without caring about the trend of the market, support and resistance, etc. Everything needs to be put into consideration.
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 4:53pm On Aug 20, 2024
Assetosky:
What if Trade 5 never liquidates and continues going up. How will Trade 6-20 join in?
No FOMO allowed. Every trade must come to you.

In that case, trader 5 will end up generating all the money you lost with profit and you still have your peace of mind, which is one thing most people lack in crypto. Our mental health is more important than money.

I use high leverage on this strategy, so it's easy for that one that worked to fight for the dead ones. In fact, your dead soldiers don't really need to die totally — you can still use stop loss, close to liquidation, to make sure you have some dust left.

One person, a junior one in the house, Wizkid, can make the family wealthy.
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 4:41pm On Aug 20, 2024
Tohmey:
Nice one bro, But how do you set your buy order in spot since there is no liquidation price in spot? Cause base on what you said "that we should set our next buy on our liquidation price" if we are doing future
I just added the word "spot" to make spot people happy. It's mainly for futures. It will still work for spot and they're in safer hands because of no liquidation.

At least, it makes a spot trader or investor have lots of reserved USDT in different exchanges in case of unforseen circumstances. It kills FOMO spirit in them since they're now following a template.
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 4:39pm On Aug 20, 2024
Assetosky:
Omo I don't really understand this o.
With time, you will. It seems you haven't really started trading or investing in crypto. You're only gathering info for now, so I understand why you're confused. When you start taking action, everything will make sense instantly.

But remember, too much information without action causes paralysis.
InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 2:14am On Aug 20, 2024
I once asked a question on how to remove something on my Tradingview account, but I have finally figured it out.

I'd advise you to have at least 2 Tradingview accounts. You can have as many as you want and you can open all of them in one phone.

Dedicate one account for checking of Dominance, DXY, ETHBTC, and co. If I look at the red box below, I instantly know the state of the market without checking charts. It saves time. You can add more.

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 1:47am On Aug 20, 2024
Cont. of Cascading Effect Strategy from the previous post: https://www.nairaland.com/6318352/crypto-currency-investors-thread/3852#131593507

I have been advised by a spirit to add stage 0 because all fingers are not equal.

You can do futures trade with $1 in some exchanges, but your leverage will need to be high.

So, in this Stage 0, all you need is $210. Or let's call it $220 inclusive of your transfer fees.

STAGE 0

Trade 1: $1
Trade 2: $2
Trade 3: $3
Trade 4: $4
Trade 5: $5
Trade 6: $6
Trade 7: $7
Trade 8: $8
Trade 9: $9
Trade 10: $10

Trade 11: $11
Trade 12: $12
Trade 13: $13
Trade 14: $14
Trade 15: $15
Trade 16: $16
Trade 17: $17
Trade 18: $18
Trade 19: $19
Trade 20: $20

Total Amount: $210

To those who have vowed never to go close to future, you can still do it with spot, but you have to start from $5 because that's the minimum most exchanges allow. Something in crypto is better than nothing in crypto.

Don't put yourself in a situation where your children will ask you, "Daddy, what were you doing when other people's dad were trying their best with the little they had?"

All the best!

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m):
CASCADING EFFECT FUTURES TRADING STRATEGY

Use Even Number buying system after seeing 5 green day or extended 5 green day in a bull market.

This is how it works.

Don't try any other stage except you're so good with stage 1 and you've been winning with it even if you have all the money in the world.

Everyone discourages newbies and even OGs from futures trade, but I don't. I encourage it, but I discourage recklessness and unmitigated risks or zero financial management.

I assume you've learned futures trading and you've been winning, but mostly losing. Why? You're engrossed with profit and taking risks you can't control.

You don't even understand where the liquidity is. You're trading blindly. Even support and resistance won't save you if you don't have financial management with a good trading strategy.

Register in 20 to 25 exchanges that offer futures trading and apply stage 1.

Transfer $3 to exchange 1, $5 to exchange 2 and so on till you get to exchange 20 where you'll send $100 out of your $1,053 — $1,100. Use the cheapest network to make those transfers.

Tip: You can create subaccounts in lots of exchanges. This means you can do everything in 1-4 exchanges with their subaccounts if you're one of those who can't control 20 exchanges.

Make sure you check the limit each exchange can receive to avoid sending $3 to an exchange that has $10 as limit.

Nothing is impossible. There is a teenager called Crash that turned $15k to $10,450,000 (10 milla Dolz) with a meme coin called Brett.

Though, the money must've reduced to 5 million with this recent dump, but at least, a teenager did it with spot trading by finding a good coin early.

You too can do it by using futures trade to get the $15k and during bear market, you reinvest the $15k in a good coin.

This is how the cascading works. You must know the stage of the market you're in. Is it bull or bear? If it's bull, is it buy more stage, relax stage, or sell stage?

Your job is to be off market when it's at oversold. In fact, it's a time to start a short with your $3 exchange, but let's just assume you just want to long, not short.

After the market crashed to maybe, stage 2 of 5 green day, you start your first long with your smallest exchange. Your prayer is to lose this money.

Wherever your liquidation is, is where you'll set another buy trade with your $5 exchange. It may continue till exchange 10. By exchange 11, the market is already tired of dumping, that is if it will even dump beyond exchange 4.

In this stage, your lowest exchange is $3 and your highest exchange is $100.

The game is: make sure every exchange's total money, in 6 months, is equal or above the last exchange's money.

This means

Trade 0: $3 will make $100
Trade 1: $5 will make $100
Trade 2: $10 will make $100
Trade 3: $15 will make $100
...
Trade 7: $35 will make $100
Trade 8: $40 will make $100
Trade 9: $45 will make $100
Trade 10: $50 will make $100
...
Trade 18: $90 will make $100
Trade 19: $95 will make $100
Trade 20: $100 will not go below $100.

This will give a total of 100x20 = $2000.

You've made 100% of your initial investment.

I know what you're thinking. What about those first exchanges I lost all the money? The ones that won will repay those ones. Case closed.

During war, there are soldiers who go first and they mostly die for the nation. Does the government abandon their families? No. They get compensated with $100 each from those victorious exchanges.

This method guarantees victory at last, despite the soldiers you lost at first because the market can't crash forever. Even a black swan event won't last forever either.

There is always a turning point and this cascading effect makes sure you still have money left for bigger actions as long as you use the Even Number DCA approach where you skip some even numbers and wait for lower ones.

Benefits of Cascading Strategy

1. Guaranteed peace of mind
2. Guaranteed profit at last
3. You become experienced in using multiple exchanges and you know the ones that are user-friendly or safe for treading
4. And the list is endless

Most people don't understand the power of compound income. They want the money to come at once. A tap that leaks for 6 months will definitely fill a drum.

These are the people that always get rekt for not being strategic and patient and this approach is here to save you.

So, try this method. I use it. I have turned $3 to $100. $100 to $1,000 and so on.

This method takes months, but you'll smile at last. If you're one of those desperate people, just know that crypto is not for you — it's better you quit now or embrace a system that requires patience and guarantees peace of mind.

A system where you're happy when the market pumps and even happier when it dumps. Anywhere belly face, you dey.

This will put you in the same position as Davido and Atiku's son. During EndSARS, David came out to protest even though there is almost zero chance SARS will harass him in the real world.

In the just concluded EndBadGovernance protest, Atiku's son came out to join. They are on the side of money and still on the side of the people (poverty). That is the same way this approach works. You're favored in any direction it goes.

In stage 2, the least money is $100 and the highest is $1,000. This means every exchange will produce a minimum of $1000 despite the money allocations they have.

That will give us a total of $19,000 with a $10k peace of mind investment.

You'll actually make way more, but I'm only using the least you make to avoid too much hype.

This same thing applies to stage 3, 4, and 5.

Stage 5 seems scary, but nothing is impossible. An American teenager is doing it, but calm down. Master stage 1 like a pro FIRST!

Modified: A spirit told me to add stage 0 because all fingers are not equal.

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 9:47pm On Aug 19, 2024
Most people here hate futures trade, so I'm making this post for myself.

InvestmentRe: Crypto Currency Investors Thread by iLegendd(m): 1:57am On Aug 19, 2024
shiffynaani:
hello sir! I've not been sleeping for some days trying to dig up your informative post sir

I really want to leave poverty sir. Pls sir can you help me to finish this

I need to know how to research coins using this method boss

Plssssssssssssss
2021 post. Let old things pass away.

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