₦airaland Forum

What if you tell yourself, okay, I'm only going to buy BTC and ETH at the bottom of a bullrun and DCA with even number system on spot and finally a long position at the exhausted bottom and forget about it till next bull run halving.

Then, I'll start deploying new capitals only on zero green days, 1 year before another bottom, after a global crash of both the stock and the crypto market and still have extra financial backups incase the crash continues.

With this, you've conquered the market already, but it takes 3-4 years to execute, ɓut solid peace of mind and guaranteed profits.

When other are crying, you'll be balling.

sweetveek:
Why does it cost more to short than long at same leverage(7x) ? Is this normal or its specific to binance only second pics(bybit) 0.98$ same leverage and bina.nce is 2.3$ same leverage

Never in my life have I paid attention to that. In fact, I didn't even know it exists.

Save that image below and whenever you see that lady holding an empty pot, let it remind you how BTC emptied your pot of money on the 5th of August and how you can plan and manage your money better in years ahead to have a full pot.

Enshrine that image in your memory forever — it's a reminder of your pains and financial f*ckups.

Whenever you see it, it will trigger financial management in your brain and controls your impulses to be patient and not to buy at the wrong time, else, history will repeat itself.

Entered two shorts, one at 55.3k and to be liquidated at 69k. I'm just taunting BTC to go up but it seems it's giving me free profit.

So, 5 green day is beginning to grow wings. We successfully had 5 green day some days ago, then we started Extended 5 green day stage 1 and before you know it, we jumped straight to zero green day stage 1.

Are we expecting stage 2 and 3 of zero green day? That wouldn't be nice. If we do, we'll head straight to 44k or a little lower and alts will bleed even more. There is a monthly double FVG in the 38k-28k region waiting to be filled, but I'm not confident we'll go there, maybe, in 2026 bear market.

Below are images of the blood of zero green day. All coins were bleeding — no exception unlike normal or extended green day.

alakara:
For newbies, which date shld I start reading from your post

I can't really tell. I post haphazardly. Sometimes I post here, other times, I create threads for them or post on a dumpblog I created on Google blog spot. Search for iLegenddump and add blog spot for dot com to it. Some of my important posts are there, but not all.

ejosh4:
Few months from now, you would look back and tell yourself why you didn't buy at this market price

I will quote this post again in December

Fact!

REFLECTION JOURNAL

No matter how lazy you think you are, your future matters, so take it seriously.

Take a pen and a paper or Google's Keep My Note app and write a story, for yourself, on how BTC behaved from the 1st of August to 5th of August. That could even be the title or something like: The Unforgettable Painful July 29th to August 5th, 2024 BTC Crash from 70k to 48k in 8 Days.

Make the title descriptive so that it will convey your pains and details of the event.

This story will save you in the future. GUARANTEED! I have a lot of it in every disastrous or happy crash.

THIS IS A STORY THAT'LL CHANGE YOUR STORY FOREVER

In this your journal, talk about how a certain iLegénd said, "Based on previous history, BTC bottoms 1-2 months after halving and it won't go lower than that again until it reaches new ATH the following year."

Talk about how that history was broken. Talk about how BTC made a new ATH before halving. In summary, remind yourself that anything can happen, even to Satoshi himself and history can be rewritten.

Also, in the story, remind yourself of the danger of FOMO and how it ruined lives and by now, 1 or 2 persons globally must've committed suicide because they couldn't bear the pains of losing their last hope.

Talk about the pains and sadness or joy you felt (based on the direction of the market you're in). Be graphic, emphatic and descriptive.

Remind yourself that black swan event is an orchestrated event for the rich to steal from the poor.

In the story, talk about how all alts, including ETH are shitcoins. Also, talk about how at least, once or twice in 6 months, BTC behaves like a shitcoin and can lose 30 - 50% of its current value (from 73k to 33k) in a 2-8 day blood bath).

Please don't let the memory of this crash go to waste. Most people don't write because they feel their brain is a computer and will recall everything vividly. Please, don't be like them.

When you reread this story in the future, you'll know that no matter how strong the tokenomics of a coin is, no matter how many times it pumps and looks like it will never come down, one day, in an interval of 6 months to 1 year, it can always crash when BTC loses 30-50% in 8 days or less.

Even when it crashes, still know that it can crash further, so have backups for the extra bleeding days to avoid depression.

And yes, have a backup that you'll never use until there is war or full-blown recession or the day the person you trust the most in the crypto space says, "I'm tired of this industry."

Don't forget, keep money for the day two parties or gurus fight and brag about who got it right. That day is a crucial buying or selling day, depending on the direction.

The moment you notice two gurus are exchanging words or their fans are fighting because the market favoured their boss, it's a crucial day, so take action and take advantage of this indicator.

Also, don't forget to write the names of the coins you were holding at the time, the prices you bought, the prices they dumped to, the total amount initially mad, then the total you lost, the coin you couldn't endure the pains and decided to opt out and at what level was BTC too?

Talk about the coin that hurts your feelings the most and what you would've done better. Talk about the indicator you'll pay more attention to this time around.

Remind yourself that a guru that was right yesterday could be wrong tomorrow, so follow him with caution, but if it's not broken, don't fix it yet.

Talk about the financial management trick you'll adopt next time to avoid running out of cash when Zero Green Day presents itself again. Talk about how it's important to take profit and how you'll do it next time to preserve your capital.

Talk about how on that bloody Zero Green Day, only USDT had a green of  +0.8% while every other thing was swimming in blood. Have screenshots of the blood of some of the coins.

Talk about the trigger of this crash or manipulation — is it recession fear, war, disease outbreaks, etc.? Did the stock market also crash?

Are people in that side of the world also complaining too? Yes, theirs is even worse. They lost 2.9 trillion because of fear of recession, which is a higher loss compared to COVID crash.

Now, prepare your mind for a day like this after every 3-6 months or 1 year max in crypto and keep money for it. Even that money you kept aside, keep another one aside that won't be touched. Yes, I know, everyone is facing financial hardship, so even if it's $50, keep it.

DIVIDE YOUR MONEY INTO 4 CATEGORIES

1. The 5 green day — stage 1, 2, 3 money.
2. Extended 5 green day — stage 1, 2, 3 money.
3. And finally, zero green day money for stage 1, 2, 3.
4. Bonus: Backup money for miscellaneous after the storm is over...

because...

...there will be another mini storm some days or a week later to put more fear on those who have already bought so that they'll sell out of fear or another crash before the main pump will happen.

As the stages progress, the money allocated for each stage should go up.

On that final zero green day, most times, it coincides on Sunday against Monday morning (new week start) to mimic stocks and forex opening hour and a brand new weekly candle that is most likely to dump, then pumps at 2-3:30AM, another at 8AM (London Stock and Forex opening hour), another, for New York opening hour, at 1PM and 2:30PM (Forex and Stocks time).

Those time above are crucial on Monday after stage 3 of extended green or zero green has happened.

Write a detailed and emotional story of how this dump affected you and how you'll plan better and manage your money better with patience as you kill FOMO and wait for the right time despite all the fake outs in-between even when others are wining and rubbing it on your face.

Write a story, that when you read it, you get a flashback of what not to do to avoid losing 90% of your money and spending weeks gnashing your teeth about it and praying for God to send you extra money from thin air.

Talk about how greed was part of it despite all the TA and fundamentals you know.

Think and include the ones I didn't remember. Add photos to the diary. Pour out your heart, joy or pains.

This is a secret journal for you — don't show it to a living being. So, be blunt, raw, and aggressive with your words.

In fact cuss yourself in some parts of the story for making same mistakes over and over again and what you'll do next to avoid it forever.

Call yourself a fool in some parts of the writeup for not controling your emotions and following the main map/strategy you had in mind before emotions took over because of a video or post you consumed.

Do you get my point? Document it NOW, else you'll forget. Just Do It and you'll thank me later. It's easy, yet powerful! 

Great men have diaries and they write regularly on a notebook or an app. Be like them.

Don't waste this amazing experience. It will serve as a guide and a reminder for you in the future.

If you're too lazy to type or smart to speak, you can use voice recording to speak your story and use voice to text app to translate it. You can even do a video recording with your face as you tell the story.

This story will change your financial story, but it's so sad most of you won't take action and document it. I feel sorry for you if you don't immortalize this pains or gains you JUST experienced. DO IT NOW!

Save that image below and whenever you see that lady holding an empty pot, let it remind you how BTC emptied your pot of money on the 5th of August and how you can plan and manage your money better in years ahead to have a full pot.

Enshrine that image in your memory forever — it's a reminder of your pains and financial f*ckups.

Since everyone that has been hiding is out, we that have been out talking cho cho cho everyday, don't you guys think it's our turn to hide and allow them carry us till December — at least, they brought in fresh ideas.

twosquare:
See as people full this thread

How many are crying now?

Congratulations to the bears who short the market. You must be in massive profits now.

Just like it said some hours ago, learn to short. Will be your strongest forte in the coming crises.


If it touches 48k and down, that is when the bull market upside is about to begin. We may need to cancel September out as people expected it to dump so hard, but now this is likely to be fulfilled in August...

We may experience a last year September of green, October green, November green, December dump.


Congratulations once again.

I'm beginning to reason this too.

[quote author=Alexás58 post=131336031]The bear market is official now!...

Be very careful!
We can see minor support at 52k region


Next major support is 42k-38k region!

For now, our freefall of bitcoin just started!

Trade and think like a champion[/quote]You have tried with your prediction, but you want to finally ruin it now @bold. Anyway, it's 50/50, but I'm on the side that the bull will end in 2025.

When we get things right as humans, there is this confidence we have and it makes us think we'll always be right.

Bignuell:
Btc is on a free fall. Personally, you should be taking sells, follow the trend. But if you must buy, then you should know what you're doing. Take a look at the monthly time frame, it's clear. If btc break 48k, 30k is certain.

Let's keep the 30k for 2026 bear market. Ah! Do you want to kill the market with wickedness? At most, 44-42k should be the worst for now. Do you want to obliterate most alts?

iLegendd:
Extended 5 green day stage 1 will happen at 53k or 52k (my liquidation zone). We die here (to the bottom) today. I'll enter more.

Modified: Hit. Crypto is fun when you're prepared for a day like this. The adrenaline rush.

Extended 5 green day stage 1 achieved at 52.3k. (I didn't get liquidated though, but bought at 52.6k). Stage 2 will be 48k and stage 3 is 44 to 42k.

Is stage 3 guaranteed? 50/50. What about stage 2? Still 50/50.

Manipulation is only a bad thing when you're not benefiting from it, just like corruption.

Why is Bybit hanging? They want to join in the manipulation too.

Stage 2 of Extended 5 Green has been achieved at 48.9k on Bybit and 49k on Binance.

Let's just call it 48k. Is stage 3 at 44k or thereabout going to happen? Deep down, I feel it won't happen, but if it does, I'm ready for it.

So, the market will consolidate for a while before going up.

My closest liquidation is at 47.7k. I'm waiting for it to come liquidate me so I can buy more at that price.

Nothing I say is the absolute truth, but my prediction and NFA.

Reminder: I haven't forgotten my short FVG lecture.

Hedgefunds:
Ilegend i want to be the first to say SORRY for how the market is treating you in the last 24hrs...what have you learned and dont you think future trading is crazy....

Bought a large sum OF BTC @60k , Do you think it wise to sell and get into ETH .

Could it also be that most twitter btc lord just trade support and resistants..didnt they see the double top forming..

Selling BTC? The storm is over for BTC. It will consolidate and do some small ups and down fake outs. Sell for ETH? Not a bad idea.

Sorry to me? Someone that is in profit? My main purpose was longing, but that doesn't mean I wasn't shorting too for protection. I'm all longs now.

seanwilliam:
Illegend, tbh I no really dey panic on eth cos I know say no matter how long, it’ll will rise.



Do u think all these floki, myro, bome and Pepe will make it to what they were in March ?


Genuinely asking this so I’ll convert them all to eth.

As long as their community is strong and there is a good or touching story behind the meme coin, they will, else, no.

Hedgefunds:
Legend why is eth getting heat than btc .

It's an alt coin. Institutions probably want to bring it down to 1.8k or even $800 (with bad news, recession and war) so that they'll buy everything and control the alt market since ETH is the leader of all alts while BTC is the overseer of the entire market. So, to control the market, you must have control of both.

It's just rich men fighting over control — no need to panic — it's part of the game.

Look at the image below. Gainers section has almost zero green. It's looking like zero green day, but we're still in stage 1 of extended green day.

I'm beginning to think we have skipped extended green day and straight to zero green day. If so, we're all lost for now. I'll keep longing anyway until it proves me wrong.

If this becomes the bottom, I'll change it from 0 green day to 1 green day and I'll start using it as my best buying day in a bull run.

NFA

The worst you can do is 1.7k, Mr. ETH. I'll taunt you and BTC till September. Always trying to go for the FVGs. Nice one.

Very soon, YouTube content creators that have been bearish will start bragging about being the greatest and they'll increase prices of their courses and demand to be worshipped — something Steve and Ben do for free.

Another long. I want to keep taunting BTC down to its knee, which I know is impossible, but just for fun. 48k for stage 2 and 44k for stage 3. I'm ready, but if it pumps, lucky me. If it dumps, lucky us all at a cheaper rate.

All these people commenting, una no dey sleep?

The Nigerians I pity now are those on long futures trade on alts, but their phones are inactive and no power supply.

I hope when they wake in the morning, they don't hurt themselves with how their portfolio will look.

I wish everyone the best — days of smiles shall come.

Extended 5 green day stage 1 will happen at 53k or 52k (my liquidation zone). We die here (to the bottom) today. I'll enter more.

Modified: Hit. Crypto is fun when you're prepared for a day like this. The adrenaline rush.

Extended 5 green day stage 1 achieved at 52.3k. (I didn't get liquidated though, but bought at 52.6k). Stage 2 will be 48k and stage 3 is 44 to 42k.

Is stage 3 guaranteed? 50/50. What about stage 2? Still 50/50.

Manipulation is only a bad thing when you're not benefiting from it, just like corruption.

Why is Bybit hanging? They want to join in the manipulation too.

I just altered my subconscious mind now and it has given me peace mind and a new perspective of viewing the drama in town.

I want to say something most of you will hate, especially those that are losing money, but don't crucify me — I have my reasons.

I want the market to crash, but I'm on 100x long on Eth and BTC. I want to be liquidated, so that there will be a better entry for everyone who has cash. I'll keep longing and losing them until BTC is on its knee, maybe 7k (as some analyst wish).

Since the world has decided to put fear in of recession on everyone in the financial market, I'd do the opposite. Las las, na money I go lose, not my life.

Come to think of it, Satoshi built BTC as hedge to inflation and resistance to recession. Billionaires really want the market to crash so they can buy low.

Yes, I built my system 80% on shorting the market, but I want to go against it by using the remaining 20% to long the market aggressively despite the impending danger ahead.

My new BTC liquidation is at 52.1k and I'll leave it open when I'm ready to go to bed — no stop loss. Another one is enter at 52.2k and the liquidation is around 44k and another will enter at 44.1k.

I'm going to set long trades till 4k. If the world wan end and everywhere wan crash, make e crash. I'm so energized right now and I have ZERO fear. I'll sleep like a baby.

I want to take a risk that I'll regret, but if I don't, I'll look like a genius. For alts, only 2 for now. The rest should wait till Sept.

I once shared a story of how there was a cult crisis in my place from 2015 - 2017. Politicians and rich men were killed, kidnapped, etc. and the ones that survived ran.

A lot of people sold their big houses for just 5million or less. Lands were sold for just 200k.

Fast forward to today, in that same land, rich men are walking around, people are moving freely, but those lands and houses they sold cheaply are expensive now.

Most of the people that sold their houses and lands can't afford it anymore. They're even struggling to eat.

There is wealth in crisis if you're stubborn enough to do what others are scared of in a time of crisis.

Here is the post:

https://www.nairaland.com/7960533/evil-spirit-game-power-wealth#127810692

seanwilliam:
This dip doesn’t look like a buying opportunity to me o. It looks like a death trap.

It is, until it isn't. Just play with what won't get you depressed if you lose it.

seanwilliam:
lol. If eth goes a below 2k,
I’ll sell anything sellable to buy more.

I'll buy more with other exchanges. My buying will be based on even number 2.2k 1.8k 1.4k, 1k, 800, 600, 400 last, then I'll start...😢😢😢






















Crying...

Eth, it's enough. I can't watch you go to 1.8k region this month. Recover now that I have entered at 2.7k. I'm not commanding you, I'm respectfully requesting.

Some of you don't have journals, but you want to blow in crypto. The one you type on your phone is not enough. A pen and notebook is needed. Don't be lazy!

I once told newbies that the money they have now is not for profit, but for practice.

When everyone is panicking = good buying time, but only when you have a structured strategy and backup funds, else, there will be a problem. Though, luck might shine on you.

We'll go back from 58k or these manipulators are waiting for Iran or any of these countries to fire Isreal overwhelmingly, then America retaliates and they dump it to 48k - 38k and blame it on black swan event. China/America did something similar in 2020, halving year, with COVID.

World leaders are evil. You sponsor wars, disasters and events just to make money by selling arms, medicines while manipulating the financial markets because you're on a BIG short position.

I'm not complaining o! Na where food dey na him belle face.

doyin01:
Good analysis...what i find irritating is that altcoins are always quick to dump whenever bitcoin dumps..but if bitcoin pumps, many of them will not pump immediately

It's just the game. The main alt season is 2025, so the pump and dump is expected. It's just that the dumping this year comes with an ulterior motive.

Tormenting people in slow poison approach. An inch left to fill the 3Day FVG void. If it hits 58k, I'll consider it stage 3 of 5 green day.

If we don't hold this stage 3, I believe we will, for some relief rallies, then it's extended 5 green day.

Tip: The moment the market picks, WIF is going to start pumping. NFA.

I said I'll talk about FVG and how it will help you in crypto + analysis. There is nothing new apart from one or two discoveries which will not take you up to 4 minutes to read.

While I type it, kindly watch this IMPORTANT 4 minutes video. Please, to the newbies, while watching this video, take a pen and a paper and note everything down. Pay attention to every single words he says — it's as essential as Bitcoin Dominance. Mastering this will change your life! No cap!


https://www.youtube.com/watch?v=zwvtv0gBSdc?si=qJZ82X4k-8dqurn2

Offpointng:
iLege.ndd Grace.glory

Pls what does this excess of liquidity burnt means? Meanwhile they rated them 100/100

Also the Max supply and circulating supply also makes sense to.

Do you guys suggest this token is a scam? Bought yesterday and it has just been on a free fall since then 😭😭

The answer is already in red. Also, tokenomics is self-reported. (Red flag). If you're early in a scam coin, you'll still make money. Though, burning/lock is a good thing.

In crypto, a scam coin doesn't mean a bad coin for everyone. Some people will enter, make profit and pull out before it crashes as long as it has no honeypot.

I saw this on TikTok and I feel someone here owns that account. Please, reveal yourself.

The joy of multiple exchanges ready to fight for you.

I entered another at 60.2k and to be liquidated at 49k. I'll still enter another at 58k (if it keeps going down), 52k, 48k and 38k. Those are my plans. After rate cut, I'll look fully into alts, but for now, 98% on BTC, Eth, and maybe Solana/Pepe.