₦airaland Forum

LincolnOnyeabor:
Omo, boss you're trying oo.

Analysing on Binance.

It's Trading View I'm mostly used to.

I will try and see if I can understand Binance

It's quite easy even with a tiny screen. When you're dedicated in something, difficulty disappears.

I use TV 50% of the time, but the other 50, it's any exchange I'm using. Though, I can login my exchange via TV, but I stick to the app directly, except the chart is incomplete, then I switch to TV.

Sometimes, I don't even do TA — I just look at the chart in different timeframes and I have mentally done my TA. Nothing is difficult in crypto except controling our emotions.

LincolnOnyeabor:
Bossman, what's that yellow channel??

It's looking like trendline but I can tell the tool it is.

What is it please sir??

Parallel trendline or just parallel on Binance.

Tip for futures traders on token unlock.

Visit CoinMarketCap and click on Token Unlock.

Look for those coins that have from 5% unlock and above. Check if they are on futures and if yes, set alerts for them. When that coin pumps 7-14 days before the unlock, short it so that when it finally unlocks, you'll benefit from the bleeding that mostly follows. If that bleeding coincides with BTC bleeding, you don make am..

Chully01:
@ilegend

I got this eventually

I just discovered something from this your screenshot and I'll be monitoring it starting from today to see if it will turn to another secret indicator.

In the image you posted on the 17th, see it below, the percentage of Bitcoin was 85% and BTC was probably at 65.3k. That means when it was at 66.1k, it was probably 95%. Getting to 68 or 69k would've made it 100%.

The second image is the one I took just now and it's at -20%. From what I'm thinking, it may get to -85% or -95%+ and that will be a good buying opportunity.

I don't think you understand what I'm trying to say, but I'll keep everyone undated.

I'm trying to use volume percentage to measure the strength of BTC and this will help in knowing when to buy or sell. 85-95% volume, sell. -85 to -95% volume, sell. I'll check it mostly when there is pump or 5 green to be sure.

Wanna know 20 old coins I'm monitoring or into? See them here. https://coinmarketcap.com/watchlist/65e535ff907a800c12334502

What about 20 new coins I'm into? From 2023 up. See them below. https://coinmarketcap.com/watchlist/65e5376e1d7ee01a4c5aa6e6

I prune my list regularly, so what you see via that link today might change a little bit months to come.

My selection is always based on good or manageable tokenomics, community passion, recency (2023 up — for new coins) or conflict.

I didn't include new coins I like with terrible tokenomics, but I still trade those one too like WLD, ÉNA, Ondo, etc. I have a different watchlist for those one.

I noticed a lot of coins completed their chart. This means, if BTC goes to 61k, they'll bleed almost lower than their previous low.

For the XRP below, bought at 0.4 and left at 0.5. I couldn't wait for it to hit 0.6 since it's x75 leverage.

Maybe, next time, I'll learn to be a little patient, but as we all know, too much patience = regret.

I urge everyone to also learn technical analysis because it helps you understand where the whales might go or stop when they manipulate the market.

Xrp's short term target has been met.

People will make more money when they become opportunist and semi-HODLers. I'm waiting for a pump or 5 green day before I buy again, especially 5 green day.

ThisisIkemefuna:
Do you have top 3 Reddit groups you can recommend? (Crypto, online money making)

No idea on this, sorry.

sholikay:
Good evening boss ilegendd...
I don't know where to post this,so as to get your input on this..

In future trade,what's cross margin, isolated margin and leverage...

I need a simple explanation just like how you make crypto explanation easier for us...

Thank you boss..

Heard of siamese twins? Those conjoined twins?

Since two of them are joined (they are called cross margin), so we need Ben Carson, the surgeon, to separate (isolate) them.

You have $100 to trade with, but you only want to trade with $10 and nothing more, you use isolated margin.

Or, you want to trade with $10, but you want to keep your remaining $90 as backup to avoid quick liquation, you use cross margin.

There is something called liquidation.

When you're trading with $10 alone without $90 backup, your liquidation will reach faster and you may lose the $10. (Isolated margin)

To avoid fast liquidation when trading with $10, you trade with cross margin, because you have extra $90 as automatic backup to avoid being liquidated easily.

In isolated margin, when you're close to liquidation, you'll have to manually add extra money into your derivative wallet from your spot or funding wallet, but with cross margin, you add all the $100 at once while trading with only $10.

In fact, the simple way to explain it is: isolated is for people that don't want to lose more than $10 out of the $100 they have in their account while cross is for people that don't care to lose everything.

For me, I'm among the people that don't care to lose everything, so I only use cross margin. Back in the days of learning and practicing, I used only isolated, but now, I only use cross margin.

The word leverage is just the process of what you're doing. L. Yamal is leveraging on L. Messi's bathing to become more popular just the same way IshowSpeed is using Ronaldo's name to become more popular.

So, leverage is the process of using the exchange's extra money they'll lend you based on what you already have to add to your main cash to make money faster or lose money faster.

In this leverage, there are numbers to select and this will determine how fast or slow you want to multiply or lose your money.

Big number is bad for beginners, so you'll have to use 2-7 max. For pro, they can use any number based on how they can manage their risks or emotions.

WLD coin has a bad tokenomics, but I like it. I know when to leave. Why do I like it? It has a real world application and it's associated or owned by Sam Altman, one of the creators of ChatGPT. Na where attention and rich or famous men dey na him my belle go face this year and next. Opportunist! NFA.

I'm also going through liquidation heatmap of all the top coins from 1year to 1day. E get wetin I dey find.

Target met. Maybe, 61k next to liquidate some guys. These manipulators are mathematicians.

They know what they want and they hardly lose because they have the billions to control the market to the direction they want.

The best thing you can do is to align with the manipulators. They're not evil people, but business men with money, brain and hundreds of people working for them.

We, the poor masses, need to follow them bumper to bumper. We have no choice.

Altcoins na ashawo. The moment BTC touches his trouser, they've already started spreading legs.

If you're a Nigerian, use one week to create and verify accounts in lots of exchanges and activate your 2FA via Google authenticator.

Most exchanges would rather seize operation in Nigeria than comply with the data and tax the Nigerian govt wants from them.

Seizing operation in Nigeria doesn't mean smart Nigerians won't use the platform via VPN and other third-party means, but at least, the Nigerian govt (that'll still embezzle the tax money) won't disturb them again.

You're part the reasons they'll close them. Why announce it? Have you ever seen people at war announce their location and their guns that are still working and the ones that aren't working?

Lorinsjr:
Please I’m no longer getting otp from CEx.io
What could be the problem and how do I rectify

The Nigerian government is trying to control exchanges, but they don't like what they're asking for, so the best choice is to discontinue offering services to Nigerians.

Some other exchanges will follow OKX soon, but there is no need to panic. All is well. When one door closes, better ones will open.

Allthelight:
Coin are burnt in deflationary too

The burning process is what makes it deflationary, but it seems you have something new to teach us. The floor is open.

Allthelight:
Bitcoin is inflationary alot of coins doing well are also.


The question you will ask is why are they sir.


The deflationary coins could also end up as a scam coin if all whales sell.

I dont reccommend coins, deflationary or inflationary just invest well sir.

I would love to learn more about BTC being inflationary and I'm still interested in you listing 10 of them that are popular and listed on big exchanges.

Our main purpose here is to learn, so don't shy away from it even though I know you will.

Brayss:
kindly remember to post all these your comments in your telegram group so that everything can be in order thanks. There is this coin that I researched for after reading your APY post,the coin had a bad Tokenomics and over 10% APY but I couldn’t find when the token will be unlocked

The picture of the coin below (TIA)

I hope you've watched the video above.

To answer you, go on Google and type TIA coin token unlock. Open the first 5 links and go through them. I checked Token unlock and CoinMarketCap, token unlock option and got these four screenshots on page 5.

They have a 16% token unlock in 105 days, which is 31st of October, 2024. That's 3 months and 12 days from now.

harry2sexy:
Greetings illegend. Some of those bottom coin in the alt season index had their maximum tokens hidden on cmc, another thing was that the circulating supply was lesser than max supply.

I liked the gamble but was too scared to follow through, i am learning some much in this few weeks of following your teachings, thanks so much

There is a video I'll post that'll broaden your mind more on that. It's only for those who have read my tokenomics post. If you haven't, you won't understand the video.

It's a 53 minute video, but start watching from 46 minutes, that's the part we're interested in ONLY.

With this new knowledge, you'll understand how to navigate those new coins with terrible tokenomics and make lots of profit instead of avoiding them totally because they love to pump a lot before the main token unlock.

https://www.youtube.com/live/jekRuGhe-oE?si=xP0jNaxLhNFkHuvQ

harry2sexy:
Greetings illegend. Some of those bottom coin in the alt season index had their maximum tokens hidden on cmc, another thing was that the circulating supply was lesser than max supply.

I liked the gamble but was too scared to follow through, i am learning some much in this few weeks of following your teachings, thanks so much

There is a video I'll post that'll broaden your mind more on that. It's only for those who have read my tokenomics post. If you haven't, you won't understand the video.

It's a 53 minute video, but start watching from 46 minutes, that's the part we're interested in ONLY.

With this new knowledge, you'll understand how to navigate those new coins with terrible tokenomics and make lots of profit instead of avoiding them totally because they love to pump a lot before the main token unlock.

https://www.youtube.com/live/jekRuGhe-oE?si=xP0jNaxLhNFkHuvQ

Chully01:
@ilegend

I got this eventually

Hahaha. Was it that hard? You sounded like someone who has been searching for a missing hardware wallet with $1B inside and finally found it after hours of search and panic.

...

YIELD MASTERY

Yield?

The coin you're holding can fetch you extra money if you lock it up to yield some extra income. Most people don't do this, but if you're a HODLer, you should.

How do you know coins that give better yields and the exchanges they're in? That's easy.

Open your CoinMarketCap app and click on Earn, then click on APY to sort by percentage.

Here is a secret gurus won't tell you. Any coin that has more than 10% APY (annual percentage yield) has a high probability of crashing when men decide to pull out en masse. This is the reason USDT and USDC have their APY at 10% max.

Any coin wey get more than 10%, be very careful because greedy people love such coins.

You know what happens when greedy people convergence at a conference. It always ends in disaster and sometimes lack of progress. Example is our politicians.

That is exactly how crypto is. So, these coins with more than 10% are good for shorting when altseason has topped. In fact, if that coin has a terrible tokenomics, it makes it even better to short it.

Pretty soon, those greedy people will start dumping and you'll be in massive profit from your short positions.

So, when you buy a coin, check to see what the yield is to be prepared. If It's more than 10%, watch your steps or join the greedy gang.

If you click on the coin on that app, it takes you to the analysis of the yield and the exchanges offering them.

Continuation of The Top 100 Coins in 90 Days.

In my previous post, I talked about CoinMarketCap app and clicking Overview >> Altseason option, then scroll down and you'll see the 90 days coins.

The video below, I have posted it before, is an expansion incase you want to view more than 100 of those coins.

The focus is on new coins that were over hyped 3-4 months ago, but today, they're bleeding and no one is talking about them that much. These are great coins to buy, so the video explains it.


https://www.youtube.com/watch?v=M0KQ2cGYp1E?si=joRT5kKeudUnsxzv

harry2sexy:
Greetings illegend. Some of those bottom coin in the alt season index had their maximum tokens hidden on cmc, another thing was that the circulating supply was lesser than max supply.

I liked the gamble but was too scared to follow through, i am learning some much in this few weeks of following your teachings, thanks so much

Yes, they have terrible tokenomics, but that doesn't mean they don't pump. It's just that when they dump, it's always massive — same with when they pump.

LincolnOnyeabor:
Hello sir.

I've scoured throughout CMC and I can't find this anywhere please.

How do I go about locating it??

1. Install CMC app
2. Open the app and click Overview
3. Scroll down and click Altseason

Syphax:
Boss, please what's the essence of knowing if a token's unlock time is near? What does it signify?

If the unlock is a big percentage, some or most of them will sell and the coin will bleed before it'll recover later (if the team and community are serious) or never recovers, if they don't believe in the project anymore.

It seems you haven't read my tokenomics post. https://www.nairaland.com/8139680/tokenomics-token-unlock-after-reading

Smithwilliams826:
You no add cryptorank. io

I don add am now. There is something I use a lot on that site, which I forgot to talk about. It's New All Time High and New All Time Low.

For the New ATH, you get coins to short. For the New ATL, you get coins to DCA in or long after doing your TA and tokenomics analysis.

So, for those two options alone, it's been added as bonus.

Smithwilliams826:
You no add cryptorank. io

That one dey too. I'm just trying to reduce the rate at which I bombard people with too much info. When something is too much, it becomes unappealing and overwhelming.

To everyone, that image below is one of the secrets of altseason. At 10%, alts are over bleeding and dying — time to DCA into good alts. At 90%, alts are pumping thousands of percentages (euphoria). This is usually the top of altseason. It's time to sell. Wait for it to enter 95-97 to start shorting.

Image is from CoinMarketCap app. Always check it to know where the market is. Altseason starts FULLY when that number hits 51%, which will happen in 2025. Add it in your arsenal as one of your top 5 indicators.

ThisisIkemefuna:
Thanks. Please what platform do you short and long coins with? And is futures same as "margin" trade..

I have never touched margin in my life. Strictly perp (futures). Though, margin is more of accelerated spot trading.

You can use any of the exchanges on the link below: https://coinmarketcap.com/rankings/exchanges/derivatives/

This video here explains what you want.


https://www.youtube.com/watch?v=ffG6k-_u4uo?si=Ywv4qMDpYZL5GsNK

To those that are into futures trade, that post above about top 100 performance in 90 days (from CoinMarketCap app) is where the secret money for long and short is.

WLD l longed from $1.81 at x50 leverage is now at $2.3. Why did I long it despite knowing it has a terrible tokenomics? The chart, graph, and momentum.

Bad tokenomic doesn't mean a coin won't pump, it will, but during bear market, you go hear weeen with all the token unlocks that'll happen.

My BOME trade at x50 has hit take profit, but a spirit told me to be greedy and not leave yet.

harry2sexy:
Ọmọ we're lucky to have illegend. I personally have learnt alot from him

Teaching at my volition is just something I enjoy as long as I made the decision to share.

Extra info to my previous post.

In that Coingecko link above, there is a "more" option at the top right hand side of each section of 8 coins. When you click it, you'll have some options to sort coins in that section and it's useful. There is even an option to see coins based on the countries they're trending. Coins tending in the US and UK pump more.

On CoinMarketCap app, there is an option I feel people don't use, but I use it a lot. It's the ALTSEASON option, under overview, as seen in the picture below. When you click it, you'll see coins % in the last 90 days.

What do I do with it? I scroll to the bottom and buy those ones in red. Some hours ago, I longed the top three at the bottom — E NA, ST RK, and WLD and it's is bloody profit.

Buy blood, sell green, but everyone loves buying green only.