ILegendd's Posts
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Assetosky: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. |
Tohmey: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. |
Assetosky: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. |
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.
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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!
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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.
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Most people here hate futures trade, so I'm making this post for myself.
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shiffynaani:2021 post. Let old things pass away. |
Prophetkelly:That is just the fact! Choose your Ponzi wisely. Someone chose alcohol and being on the road and I'm happy for him. We chose digital assets, being at home and agriculture, so he should try and be happy for us. |
There was a time, every time I open this thread, I see the keyword "prop firm," so I decided to share this because they're doing Nigerians dirty, but this is not to discourage you. https://vm.tiktok.com/ZMrn8PKca/
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The state of the crypto market and the price of Naira per Dollar. After that, I'll check world's population and if Russia or China has taken over world power. Finally, I'll check my intellectual property accounts to see how much I have made so far. If those websites no longer go through, there will be war. |
I'm supposed to abandon this topic because no matter how many times I say it, most Nigerians will never understand me — they might even think I'm insane, but let me just say it one last time. Anything that can't survive without human intervention is a scam. I said it and I'll keep saying it. This is why we humans always need to be there for them to make sure they're no longer scams. None scams are supposed to survive without human intervention and they are nature: 1. The sun 2. The rain/water/river 3. The air 4. The trees and vegetation 5. The fish and animals 6. And (fill in the blank yourself) Most animals can give birth and abandon their offsprings and they'll survive, but humans? No way. These things will keep existing and surviving without us. They are the only solutions we need to survive. In those trees and vegetations, you have all your chemicals, medicines and natural food to serve you for life. If the only thing you're exposed to in life are those things I listed above, you'll live 100-700 years without falling sick. Yes, I said it. Oyibo man said no, let's pollute the world with scams that'll cause humanity some pleasure, but lot of: stress, depression, cancer, infection, etc. and they succeeded. So, let's enjoy the rat race together and we're not assured of 100 years anymore unlike when nature was our source of joy and survival. Today, it's been replaced by Nigerian Breweries (making men have pot bellies), GMO food, bank, school, Church, Mosque, etc. We've been introduced into the stressful world of survival and taken out of the natural world. Survival is winning, Franklin. Now that we're in it, we go chook head for where e go favor us and we win. Crypto gives that hope unlike banks and Nigerian Breweries. Even if it doesn't make us money, it will at least protect our money to avoid making it become almost worthless like my dad's pension.
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TrennixGLOBAL:I understand where you're coming from. There is a religious bias and I deeply get it. Emotions and rage is involved, especially to an African. The word is scam, but I used Ponzi because that is what he, the agent of darkness, wants to hear. Ponzi is someone's name — Charles Ponzi. Scam is what that person did, so they named it after him. The general word is "scam." Let your wife abandon her knew born baby and run and see if the baby won't die. Whatever can die without human intervention is a scam and I'll always defend it. So, we as humans, need to keep crypto and children alive by being there for them, else, they'll end up as scam just like Nigerian refineries. Nigerian refineries are not scams, but for intentionally letting them collapse, it's a scam. A child is not a scam, but for the mom to intentionally let the child die, she scammed him. Crypto is not a scam, but if everyone sells, they scammed us. This is the point I'm trying to make. Human workforce is needed for things to continue to exist, but when that workforce is withdrawn, they collapse. Talking about crypto, a lot of millionaires who bought are dead. They can't sell and no one has their passphrases, so everyone can't sell. |
I feel like I have messed up. I have been begged to ignore this agent of darksnesss, but I refused. I'll try my best this time around. |
GovernmentAgent:Welcome, Mr. Bunkum. I noticed you've logged in Nairaland several times yesterday and today, but was more busy with your alternate accounts. The demonic government agent of darkness has crawled out. He'll soon give excuses that he was busy with life and in the office or too big for arguments. How much does the brewery pay you per month? Go and deliver speeches around the world telling everyone how crypto is a scam. Tell Russian, China, and the US government that. Poor Nigerian civil servant is busy trying to make sure everyone is like him doing 9-5 in a brewery. What a shame! How old are you, this busybody man? |
Whatever you do, try to live like David Beckham and you'll never go hungry or get affected by recession or the government. He finished his career, became a farmer and uses crypto for transaction most times. He produces 95% of his food himself. No genetically modified food and he exercises while still making fiat money without doing much as Messi and co. do the work for him. This man eh! He's just too smart. Low key life. He's a global role model for people who want to escape the matrix to an extent. If you're looking for someone to look up to, it's Beckham and not that 9-5 government agent of darkness that doesn't even earn up to 300k per month, but wants everyone to quit crypto. I pray they don't sack him one day and he ends up being depressed because of zero savings and nowhere to run to except beer from his so-called Nigeria Brewery. ![]() I go press this agent of darkness neck for this thread until he becomes afraid of commenting with that his account. How can one man have more than 20 accounts on Nairaland? Is he possessed? Why are scammers always this determined?
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Prophetkelly:I don't want to laugh, but you're right. It's just like a teenage girl who just discovered how sweet sxx is. If she can't get a man (someone she'll put in trouble later in life), she does it herself. And before you know it, she's addicted to solo play. Same with the other gender. There is a system I came up with back then called the Cascading Effect just to feed the spirit. After 10 loses, the 11th one is always a banger. The thing is, if you've made up your mind that you want to lose your first 10 trades, you've automatically removed desperation. A politician called Ubah is late, but if you can bring him back to life to spend 40 more years in exchange for 80% of his wealth, he would accept. This means life is better than money. Imagine the market dumped to 52k and you entered a trade of $3 and your liquidation is 48.9k and you have 20 more trades to enter. Would you want the market to go to 48.9k or would you want it to pump? I know you'd want it to go down because your cascading is getting bigger as it dumps. This is being overprepared with a very tiny risk. If the coin stubbornly refuses to liquidate you by going to 48.9k, but keeps pumping to 97k, you'll end up turning $3 to more than a thousand Dollar. It's a win win. At this point, you could switch to shorting cascading. The problem most futures traders have is taking big risks at once and then scream "You only live once." Lol. My brother, you're hurting yourself, ajeh! Risks should be split into chunks. Keep that $100k or 1 million Dollar somewhere else and use only $1530 to catch fun first, but most won't do it because it looks too small and they're too big for small trades. The moment you have the belief you're going to make it in this life, remove desperation and put patience and strategy and you'll get there faster.
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harry2sexy:I'd recommend you read this one below too. It's about money and its evolution. A lot to learn. https://medium.com/@Jim-Jambo/trust-me-im-a-bank-5f5d2cc164d6 |
If you're in the crypto space, it will be nice to know the 3 types of cycles. 1. The 60-Day Cycle 2. The 4-Year Cycle 3. The 16-Year Cycle The link below is a short and perfectly written article I came across about the 60-day cycle. You can skip the 4-year part if you already know it. https://medium.com/@Jim-Jambo/bitcoin-cycles-a26537d4911d
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Mr. Bunkum, aka GovernmentAgent (meaning: Agent of darkness that works in a corrupt brewery company). The demon that wants everyone to be dependent on the govt. like my father did and ended up regretting it after retirement when they devalued his millions into ashes. I love that man, but he doesn't understand the evil institution called "the govt." he works for doesn't care about him. That is exactly the same mistake this bstrd Govt.Agent wants everyone to make. You will not succeed with your agenda. If you're so in love with the government because one of your relations is probably a politician, why can't you stop all the doctors leaving the country? See the picture below. Look at number 3. Very soon some desperate and naive people will DM you or you'll advertise that you can get anyone a job in the government, especially in Nigeria Brewery. In the end, if she's a woman, you'll sleep with her, scam her, and run. GovernmentAgentOfDarkness. I hope you people reading this are are fixing the pieces together. Adding government to his name is deliberate for future scam. He wants to make people believe he's connected and deep into government and has access to any government parastatals. Omoh, these scammers get sense o! They really think way AHEAD of time. Wow! The only reason I might ignore you is the fact that you have too many accounts and I will be confused when you'll attack me with your alternates without me realizing it's you. Guerilla war. You've made only 23 comments with this your account. You're always busy jumping from one account to another. If not, with how determined you are fighting for the government, you're supposed to have up to 1000 comments with this your account, but no, you're busy rotating from one to another while forming "at the office." Must scamming be our heritage in this country? You take more risks than those in crypto. Your life is susceptible to road accident and untimely death, but I don't wish you that. You that jumps from vehicle to vehicle wasting money on fuel or transport, just to make money that'll end up being spent on food and school fees to children that are already doing hookup and Yahoo in school. Don't you know you're risking your life on the road everyday just to feed your family, but people in crypto are only risking their money, not their lives. You're not a critical thinker afterall. Only smart in coming up with scamming ideas. After you've killed yourself trying to meet up in the government rat race just to be promoted, who will train those children you offloaded into the universe? Some civil servants sabi f*ck up o, yet na them poor pass, na them complain pass, na their salary small pass, na them corrupt pass, na them born pass and na them beg pass. The only thing attractive about a some civil servants is their modest dressing. They're good at dressing decently, but na them still cheat pass. By the way, look at number 3. It's one of your plans, Mr. Evil Bunkum. Agent of Darkness. If you continue, you go hear weeeh for my hand. One day, I fit use you write book titled: The Government's Agent of Darkness: The Hater of Freedom, Innovation and Technology. I'll continue to torment and expose you if you don't give up, this wicked soul.
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I came across this post below. I haven't read everything yet, but decided to share this part. It's exactly what Mr. Bunkum is going through.
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chival10:Referring to Nov/Dec. 2025. |
I haven't read because I haven't slept, but from my scan, you're making sense. I'll read when I'm free. |
ojinuocheibi:Are you tring to say I'm just waking up to AI now? You'll be shocked to realize as an IT specialist, I find and adapt to technology before most Nigerians. If you're a Nigerian and you used OpenAI's ChatGPT and DALLE in 2023, know that I have used it before you in Dec. 2022 and have even written a prompting book on how to write prompts. Also, WhatsApp integrated MetaAI on the 18th of April, 2024 and I used it on the 20th of April. So, between two of us, who has been living under a rock? Don't take it personally — just answer with sincerity. |
Hedgefunds:With the way this bull market panned out, we are not supposed to pay much attention to alts until rate cut arrives and the US election result is announced. These two things need to happen before I'll start judging. In fact, I'll only start judging in 2025, after the first month. So, whatever character alts exhibit this year, don't read too much meaning to them to avoid restlessness. I'm saving money mostly for shorting the market when the time arrives in 2025. |
GovernmentAgent:Mr. Bunkum!!! Rubbish reply. I was even thinking you were smart. Simple question, you went on a tangent bragging about 9-5 job and closing in office. Office people that are struggling to feed? You think that makes us see you as a responsible husband? Nah! You're slaving. This is the same mistake my dad also made. It's always about 9-5, pension, when I close from work/office (slavery), etc. Ten years later, after retirement, they didn't pay him. They devalued the Naira 5 times and finally paid him those millions he used to talk about, but guess what? The money can't even buy a decent car anymore. If he had gotten just 1 million and invested it in BTC in 2010, do you know how much it would be now? You old government agents are outdated. The moment you land yourself a civil servant Job, you always feel you've made it and every other person is lazy or uneducated. Always operating with old Windows' OS. It's always about salary and pension. Every other thing, crypto, is a scam to you civil servants, but na una dey born full house pass and allow your children to struggle to survive. This evil agent will still come here to tell us how Nigerian breweries have changed lives in creating jobs, but won't talk about the lives they have destroyed consuming alcohol or wasting money on alcohol. Mr. Bunkum, you can't say anything tangible. You'll take an excuse and run or rant, mark my word. If you want to add value to the country, it's agriculture and technology, which crypto is part of technology. You mumu o! Look at him talking about office as if his salary is up to $1k per month. Slavery fits you sha. Come to my village and see people who produce original alcohol called kaikai from tombo drink and they supply them to medical hospitals, but this Mr. Bunkum is bragging about a company that refines it just to render men useless in exchange for their time and salary which will still be spent on food and technology. Mr. Workaholic, your mumu never too much? I know you'll talk about the jobs the brewery has created, but you won't talk about the devalued currency the workers will be paid, the danger the company poses to humanity and worse, how the workers will spend 90% of that valueless salary on food (agriculture) and transportation (technology). Why can't you advise your evil government to focus on agriculture and technology? With great technology, bandits won't exist, but no, the government prefers breweries and Mr. Bunkum is here to brag about it. You people are evil. You're the reason Nigeria hardly progresses. You have mentioned breweries a couple of times in your rant on this thread and that means you work there. At least, you should've mentioned Innoson manufacturing, Dangoté cement/fertilizer, etc. these are companies that help in technology and agriculture, but your dmb brain went with brewery. I'll never take you seriously. |
Tempted to short, but I remembered the 3 box rule and 130% move in a day. But the way you carry rush pump, Na so you go rush fall when the manipulation is over.
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To those who are interested in researching about the 60 day cycle, this site below keeps track of the current stage of the cycle. For 60 day cycle, it has handled 42 days, so we have 18 (plus or minus) because it doesn't need to be 60 days perfectly every time. For the 4 year cycle, we have spent 1 year and 9 months. We have 1 year and a few months left if it's not a left translated cycle. For the 16 year cycle, I'm still digging it out too at 13 years and 10 months.
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Hedgefunds:We're in Relax stage of the market, so whatever bearish tendencies that show up, is temporary. If you buy some ETH now, it's not bad, but have some USDT should it goes down. I'm currently studying the 60 day cycle. I'll use that one for monthly opportunistic trades while the main 4 year cycle is for bear market purchases and untouched till sell stage. So, save the USDT, but having a little exposure on ETH, BNB or BTC won't be bad as you await a lower price that has a 50/50 percent chance of happening. |
chival10:He probably has 20+ accounts logged in on 20 different browsers. I won't lie, most famous people have a team of 20-1000 people online, in a WhatsApp group and all they do is to ransack the internet to find where that government, that opinion, that celebrity is being spoken against so they can portray it in a good light and all of them will like it to push their agenda. Social media manipulation is deep. What that guy did in psychology is called "crowd mentality" syndrome. What the crowd likes, everyone likes. In Mohbad's case, Tonto and Iybo used it and even smart people supported Wunmi, but now that they see better, they're suspecting her with her shady behaviors. An innocent person won't stress investigators too much. |
Chikacha:One somehow-looking lady that has probably benefited 5k and rice from Kogi abused VDM because he's always calling EFCC to do their job and arrest Yahaya Bello. She abused this guy and told him if his father kept money in Kogi bank. I was just laughing. Politicians will oppress you, steal and still pay poor people online and offline to defend them. This is not ordinary. We have been put in a bottle spiritually. |
GovernmentAgent:Since we always give you attention, you'll always come back. I have educated you already, so next time, I'll ignore you and I wish everyone will do so. Look at the devilish government agent of darkness yelling. ![]() When the Devil has been defeated in an argument, what else do you expect. HAHAHA. Mumu agent of darkness. I'll ignore you now. The government sees crypto as stealing because we in Nigeria don't pay crypto tax. They want us to use the bank so they can tax us, then steal it and if we complain, they use men in uniform to intimidate us. Evil people. From today, If I manage to reply you, I'll only reply with. Mr. Bunkum, rest! and that's all.
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We chose digital assets, being at home and agriculture, so he should try and be happy for us.