₦airaland Forum

shiffynaani:
sir ilegend, after doing all the thorough research and the coin looks okay, how do we now know the exact time to buy or short the coin sir?


pls I'm a novice sir. don't mind my question

I have made posts or comments concerning this, but I can recall where it is.

The summary is: Long when there is a crash and everywhere is red and bloody (oversold). Short when everywhere is green for weeks and it's at overbought.

Hedgefunds:
@ilegend Are you Bullish on BTC at current price .....am not understanding reason for seeking opinion from Expact.

I have said this before, but I'll say it again.

We're in a bullrun, so I'm bullish on BTC since 2022 and it will end in Nov-Dec. 2025. Even though I'm bullish, I short more than I long. Why? In a bull market, BTC spends more time going down and sideways than it goes up, but when it does go up, it's instant pump to liquidate shorts and vice versa for bear market.

I shorted from 69k and left at 66k. I shorted again at 68k and that one is still running. I don't mind getting liquidated just for others to win so that I'll get a better short entry.

So, to answer you, yes, I'm bullish, but I'm shorting for now even though it's the wrong thing to do.

See the image below to see why I short more in a bull market and long more in a bear market.

chival10:
Good Morning Sir ILegendd. Please I'll appreciate if you can teach me other ways to buy and sell USDT in Nigeria because I know that very soon they will come for B**b***i What are other ways to buy and sell USDT and BTC in Nigeria after receiving in your wallet from the app. Thank you

Sadly, this one is a personal battle for everyone. Just keep using Google or YouTube and you might find one or two.

successmatters:


We have been recovering from #700/$ up till #1650/$

We have been recovering from #200 fuel price up till #800 fuel prices

What a recovery.

It's called internal bleeding recovery. That's what I studied in school.

Artscollection:
Please OG how do you stay focus on you moves with been distracted of even 4got that you openen a short or long because greatest undoing in futures is that i usually forgot. Any tip pls

You deserve to be a lecturer.

Anyway, install the app called The Crypto App and set alert. When it goes up or down a certain percentage of your choice, the alert will voice out the current price of the coin you set the alert on.

For me, I set BTC at 5% up and down. Whenever BTC goes up or down by 5%, even when I'm sleeping, I hear a voice like: BTC is up by 5%, the current price is $69,452.


The free version is enough.

harry2sexy:
If i may, let me pick your brain on something. What was the first leverage before you took the long position with a bigger leverage?

Cos i got liquidated on $Tomi and i feel like it was my fault cos i wa chasing the market cos i was distracted today and i pressured myself that i had not made any profits today.

So what if your advise for someone who is about to get liquidated, should i add to my position or go long with say 50X leverage with half the amount from the first trade?

I hope i mad sense😂😂😂

Entered short at 67.3 at 100x and to be liquidated at 68.9k. Remember, I'm not advocating this — it's part of a personal strategy and it's risky. Also, based on my Even Number lecture last time, this 67k is a bad entry — it's not an even number.

You got liquidated on $Tomi? I understand. I currently focus on BTC and ETH 95% of the time at the moment. I'll switch to alts in late August / early Sept.

Advice on who's about to get liquidated? My advice is, please, have at least 10 exchanges with small in them, according to your strength.

If you're about to be liquidated and you're only trading with 1 account, I don't really have an advice for you because your strategy is already faulty from start.

Profit is made the moment you're about to enter a trade, not when you're already on the trade. How? If your entry is wrong, you're already on the losing side except you get lucky.

If I'm in your shoe, I'll add extra money to the trade and immediately enter a trade in the opposite direction (hedge) to avoid losing more.

Since I'm not in your shoe, I won't add. I consider it a losing trade and start a brand new life with another exchange. In my case today, I didn't add extra money, but hedged while already on a new long trade in another exchange.

Losing is not a bad thing — it's part of the process — only losing what you can't afford to lose is a bad thing.

Update for those who wish to know about my last short, which I posted here.

I was supposed to be liquidated at 68.9k, but when I noticed it was eminent, I longed with a bigger leverage and before it could get to my liquidation, I had remade what I lost in the short with my long with extra profit, so I closed both of them and started a brand new short at 69k. I was waiting for 72k to start the short, but decided to just do it anyway.

Why did I short? In a bull market, the market goes down and sideways more than it goes up, but when it does go up, it's an instant pump of 15 to 20% in a day and the process continues until we TOP when it's least expected.

Inversely, in a bear market, the market goes up, then sideways more than it goes down, but when it goes down, it's an instant 15 to 20% dump in a day and the process continues until we BOTTOM when it's least expected.

So, if you pay attention, the opposite is always happening. Bull market spends more time going down (to scare and frustrate you before pumping with a long green candle) while bear spends more time going up (to give you hopium before dumping with a long red candle). That is how they rekt newbies and even OGs on a daily basis.

See images below for visual explanation.

Bull = lower lows before a pump.
Bear = higher highs before a dump.

Jerryben1212:
Your opinion. I found the videos useful and informative.

From small lies, you graduate to big ones, become a president, and continue from there. Nigeria is gone.

I don't know if it's only me. My phone has good specifications and loads fast, but I find this Bybit loading and lagging time annoying. Like if you share the same view. I control my emotions, but that 5-10 seconds piss me off a lot and it has become a habit.

Jerryben1212:
Beware of Cryto scams. I found these videos eye opening

The scam I hate more is when a wannabe YouTuber creates a video and uses dodgy ways to lure people to view his videos while making it look as if he stumbled on them from a reliable source. I hate deceit.

The worst part is when he generates 100% of the contents with AI and read it with AI.

I know you're hustling to build your channel, but the people here are not kids.

Any coin that has good tokenomics, but you see SELF-REPORTED, avoid it. If you must trade it, check to see if it's on futures and if yes, it's better to short than long or spot. If you must trade it on spot, let it only be when everyone is done bleeding and altseason has arrived.

My last burn was -76%. Though, I knew what I was getting into, but just decided to do it for reference purposes.

Kushites:
YOU HAVE NO SENSE, JUST LIKE A TYPICAL IPOB MUMU.

Tinubu was invited on a STATE VISIT to China.

Do you know what a STATE VISIT is?

Do you know that a STATE VISIT which lasts for a minimum 3 to 4 days, is far more expensive, prestigious, and glamorous than Xi just flying into Abuja for a quick discussion with Tinubu?

Do you realise that Kim Jong Un would have MUCH PREFERRED a STATE VISIT to Moscow as opposed to Putin flying in to talk with him briefly?

Because you have a BUSH, VILLAGE MENTALITY, you are seeing it like a primitive villager for whom an invitation is a summons to see a ‘superior’.

Drop your village mentality. Geopolitics is very different from your primitive reasoning.

Your depression is hereditary. The moment I scanned and saw caps everywhere, I knew I'll never win an argument with a frustrated person.

My brother, whatever you said, you're right. I wish you and your lineage speedy recovery. I won't reply again because I'll never win someone who's emotionally invested and frustrated. For me, I have zero feelings. Even if you abuse me, I won't be mad at you, so I have to protect your fragile ego and feelings.

Oga boss, respect! You won and stay blessed.

A lot of you know this, but some don't. I'll say it again. The 1 week time frame and the 1 month time frame is where the secret, peace of mind, and the money is, especially the 1 week TF. It's the time frame my indicators work the best. I'll share one of those open secrets in due time on the 1 week TF. Only patient people can use those two time frames.

Philipponzaghi:
This is a clear sign of respect and recognition for President Tinubu on the global stage. While some will grumble and throw shade, the truth remains that our leader is making waves and building bridges. China is no small player, and this invitation speaks volumes about Tinubu's diplomatic prowess. Let’s continue to support our president as he navigates these international waters!

You have a point, but sign of respect is when you visit someone personally, not when you invite someone. Putin visited Kim in N.Korea. He didn't stay in his office and say, "Kim, come to Russia."

I have started another short from a terrible target and a terrible liquidation. I know I may be liquidated soon, but there is no harm in calculated risks.

If Messi had quit international football, as he wanted to, after losing 3 consecutive finals, he wouldn't have won 4 finals in a stretch.

Remember, when you lose, they'll say you suck and not good enough. You'll even doubt yourself too, but when you win, the world will say it's luck or FIFA.

So, don't stop refining your strategy and don't take losses as the end.

Let's just keep it late August and early September.

IyaTola:
A good example is the church

The Church is too far. Two smart people dating each other is already World War III. One of them needs to pretend to be a fool for things to work out.

Can't relate, but I wouldn't mind having such experience.

OdefaGirl:
And I repeat, you've got a very low IQ.... You think that every word is for your tribe not knowing that every tribe have different interpretation of words. Mugu!

Ode, calm down. With your high IQ, you're still bitter and struggling financially.

Why haven't you used it to become too rich to be bothered? Even with your high IQ, you don't know how to punctuate properly. Let me teach you how to use ellipsis. It's 3 dots, not 4. [...]

Also, it's "every tribe has" not "every tribe have." Empty brain.

Ode na really ode sha. Fish brain. Madam high IQ wey no sabi tenses, singular, plural and punctuation.

Your parents just wasted money on a backyard degree for you. Go and ask for a refund and invest it in stocks or crypto, ode.

The Niger Delta's resources is everybody's resources, but your gold belongs to you and illegal Chinese miners.

Moda1:
Hahaha, we are bullish
Lfgggg
The bull is here by September 2024

Omo , people dey see shege banzai for crypto

Na who no sabi futures or dey do futures with too much emotions and just two accounts dey see shege. I shorted from 67k and 68k and left today at 64k after seeing 5 greens.

Strategy is important in this market even though we know once in a while, your strategy will fail you. I have entered a long positions on ETH at 3.2k and my liquidation is 2.2k. Hope for the best, but prepare for the worst. My next 3 longs, if we get there, will be 2.8k, 2.2k and 1.8k

Crypto is a blessing to humanity despite all these frustrations. In 2008, if someone had told me I can move money easily to anyone in the world in 69 seconds without the government getting involved, I would say no.

So, make we no panic, make we strategize and play with only what we can lose.

It's unfortunate a lot of people have already lost everything or 90% of their initial investment and it hurts. These lessons they're learning the hard way will shape their financial future for good.

My dear, money dey crypto even when everyone is depressed or crying. Na working strategy and emotional control be our problem, not the market. Where a group of smart people gather, manipulations abound.

Natbrowny:
Blacks don dey enter Argentina dey run tinz


Dem for target Guyana 🇬🇾

Instead of preaching for them to stop, you're suggesting a better location.

OdefaGirl:
Your mentality and that of the perpetrators are just the same.... Very low

Ode, I heard you. Your name is all I need to know who you are.

Offpointng:
Even this one below to. With their partnership announcements so far, it looks like token's gonna do great

Okay


Your reply made me understand you didn't read the text on the screenshot I posted.

Alright! It will do great — buy a lot of it.

If they're licenced to mine, this is bad, but if not, this is good.

BALLOSKI:
You don't sound smart to begin with. Lion is not created to eat any other food, so you don't compare humans to a lion.

You sound brainwashed already. You're irredeemable, so engaging you is a lost battle. You're far from redemption.

The funny thing about your kind is, they love to argue because the people who brainwashed you have given you more than enough theory to use when defending your gullibility.

This is similar to what they did to Elon Musk's son just to change his gender. They've done it to your brain and there is no going back.

If a few whites could brainwash their smart and dumb whites, doing it to an African with inferiority complex becomes easier.

You're not bright at all. I won't blame you.

You'll soon see stupid and brainwashed Africans crying and screaming why.

Before the white man came, no single African questioned their fellow Africans for killing an animal for survival.

When a lion kills any animal to feed, they don't talk, but when it's human, they cry. A white man that has way more than enough to feed is telling you to leave what you have and stay hungry.

Failure to do that, they'll invent an ideology to scare you. If you refuse to listen, they start talking about climate change, endangered species and using the word uncivilised just to guilt trip you.

Smart Africans will never fall for this. The dumb ones that can easily be brainshwashed will cry.

The whites and their animals eat from the same plate and sleep on the the same bed. They even have bestiality, hence, the invention of different diseases, but if it was Africans that started this, they would've tagged it primitive and sinful.

Back in the day, our forefathers have medicines for every sickness and they consult no one, but today, the oyibo has to approve it in their labs before it will be taken seriously just the say they approve what we think and do.

We have 100% sold our minds to them and any African who refuses to sell his is considered backward by his fellow Africans.

Offpointng:
Looking at the Total/Max supply and circulatory supply, I must attest to the fact that the token looks solid

👇

Icandream:
Please what does this 10.4k PIX on their dashboard stands for?

Not into the coin. It could mean the size you can buy or they gave you.

Hmmm

Waiting for BTC to make a move can lead to overthinking. This is why I love to use alert and it's only when it rings or when I'm doing a research that I check.

Themainboy22:
Boss, I just checked it (the volume) now and honestly, it's not convincing.
I think maybe they uses that figures for manipulation.

Otherwise, wetin be this when we have not really experienced any significant moves.

I noticed that. I think there are lots of buyers (volume) and at the same time, lots of sellers (that's why price is stagnant, but 24hrs volume is up). The moment those people are done selling, there will be a sharp pump.

Kingsolar:
GOD BLESS YOU SIR.

SIR ILEGENDD, Pls don't be offended I still have another question. In my observations; I have noticed that most new coins on DEX are mostly fully circulated compare to new coins on CEX. WILL YOU RATHER WE BUY THEN WHILE THEY ARE YET ON CEX?

Lots of the new coins on DEX, 90% or more, are scams. Scammers always want to make everything look perfect to trick you.

Before you buy them, you must do a thorough rugpull check.

Watch this:
https://www.youtube.com/watch?v=qhOeFY8ob8M?si=aOjlLqIfEIYnxmI1

Kingsolar:
BOSS ILEGENDD, Pls I have observed that some coins that have their circulating supplies fully circulated on other tracking sites likes but yet on CMC tends to be self circulated coingecko, coinranking. Most times when I buy this coins I mostly get burned. Please what's your advice SIR.
THANK YOU BOSS ILEGENDD

CMC, Gecko, etc. get their data directly from the blockchain, but some projects, with terrible tokenomics make those sites put a different value they provided by themselves, hence, self-reported. Most times, the project team is lying, but sometimes, they aren't. So, 90% of the time, see self-reported as redflag.