₦airaland Forum

On bonds/TBs....

Looking at rates across other nations and moreso the lowest and highest paying countries, one thing stands out... Countries with the highest paying bonds generally have worse performing currencies..... Goes to show there's no free lunch anywhere...

Now, almost all currencies have a baseline devaluation rate... For  'strong currencies', it usually averages between 1.5% - 4% pa... This works out that for some currencies, folks are actually lose money when they buy government bonds at some rates.

In Nigeria, TB rates of the past few years which was above 13% at a point... One would need to ask why the CBN kept it that low. Cos they were practically printing money at that rate to pay up portfolio investors...
The issue with availing briefcase investors such high rate even on the premise of injecting money into the economy is that most times (moreso a country like Nigeria) there's little or no impact on the real economy... It's just the rich getting richer- banks, pension funds  e.t.c while the poor populace bear the brunt of the inevitable inflation caused by nonstop money printing. That money just keeps rotating in banks without actually changing hands for value hence there's no real impact on the economy.

jedisco:
Hehe.... Not so sure.... Sellers are showing up...
On the hourly, that looks like a double top.... On the 4hr chart, not a nice close...

Good thing it's not lost the hourly support throughout this rally so I'd be watching it

If it rallies past this, I'd take profits as stated above... If not, If it starts selling off, I'd likely be stopped out...

Now I'm beginning to pay attention.... Outlined my plan already

Shi has been on constant talk for the last 3 pages here... OG's here know what that means....
Remember.... Unrealised profit is no profit....

After such a pump, playing bounces on the way down will be also profitable

Now bitc0in is pumping, no body is talking about China.... If there was a selloff, this place will be filled with China news

Ewizard:
How whales line up their bids.

$Shib

Whales don't sell that way... Those are likely fake bids or naive retail investors waiting for insane profits....

Whales usually marketsell into a trending asset... Or distribute their bags while keeping the coin in a range

jargonzboi:
This is not a democracy!
Betecee has always been the boss.

jedisco, betecee maximalist do giveaway nau.

Hehe.... I'm not even as heavy in betece as I should be.... I really need to cycle into betece..... Cos were getting to a part of the market where bitc0in rules... Hopefully, we have a mini alyt season b4 that

Ibime:
BCH in the portfolio. Hope it does a mad one like in May

Starting to eye up XRP at this stage. XRP is a confidence coin

Bought lil bch weeks back and I shouldn't have.... Coyn dey vex.... I cant wait for it to finally pump in may....

I've got eye's on xrp too.... That one could see 2 dolls

Daemo111:
Your tireless analysis are always top notch based on experience. Pls keep it up Jedisco.

Correct me if I am wrong as I perceive U to be quiet and private in person.

Perhaps you're right
I've been busy recently cos I'm quite free otherwise, na evening I dey look chart.... I tend to trade better when I'm off the charts and just focus on major moves

nna777:
With Btc nearing it's ATH before going parabolic, this dude still has some room to run. Just look at how buyers are eating sellers up on the 1HTF. The volume is unbelievable. Am expecting one more zero to be cancelled. Till then still holdn.

Not a financial advice.

Hehe.... Not so sure.... Sellers are showing up...
On the hourly, that looks like a double top.... On the 4hr chart, not a nice close...

Good thing it's not lost the hourly support throughout this rally so I'd be watching it

If it rallies past this, I'd take profits as stated above... If not, If it starts selling off, I'd likely be stopped out...

typicalgamer:
The fool just they run like who stole person phone

It was likely going to happen whether up or down... When bitc0in runs, it runs

Ladies and gentlemen......... BITC0IN!!!!

4hrly chart of shib is painting a certain picture.... Perhaps another jig up before it tops out... If that happens, I'd take 80-90% of my position off around mid 0.3's and only re-enter at the daily support and maybe the 4hr support...


Already, I'm beginning to see signs of increasing selling pressure.
.

jedisco:
Xtze...

This stuff has been doing its stuff silently for a while now..... just made a new ATH in usd....After being soo disappointing the last alyt season..... it's beginning to turn up....
Against betece, it looks juicy... If it does go turbo, there's ample room for a rally....

Hopefully, it's brother link will follow suit and pull a solana.

Started to fill my position on this... 20% in so far and will add more on confirmation...

Target will be 0.2 and 0.25 against betece which is abt 33% from here..

jargonzboi:
:-)

Yea I think so too.
But the bolded below is a more precise answer.


This bolded is what is playing out for a few days now.
Bitcoin has always been the play.

Alyts don't generally do well when betece is at resistance cos the market is careful about a selloff...Betece is at the point of previous breakdown...

If Betece rallies above 53k and holds, then within the next 1-2 weeks most majors some alot of catching up to do....

The scenario where alyts will really struggle is when betece starts dealing with 60 and a possible breakout afterwards

Lucremoy:
you aped in before the pump?

At close to break even... A flip of 0.2 like I said yesterday... moreso with a 4hr close above it

jedisco:
Shib respecting the law of gravity.... Come home to daddy!

See how people dey like this post.... Had to ape in early mo mo....
No need saying.... We all know what happens at the top of such pumps.... Handle with care

Ibime:
Filled more bags at 16

Also added more size to AGLD.

May God favour our hand

My bids start from around 1.5... I'm not so keen to rush in yet until it's at support or it shows strength moreso cos of bitc0in... I still have over 50% of my initial position in..
If bitc0in pullsback, I'd get better entries, if bitc0in holds and rallies towards 55k, it wouldn't be difficult getting something else as there'd be a market wide rally.
Agld... New coin.. they're always tricky hence I usually keep off. No idea what it's about

Jameselias:
Every one always have a great plan until they get punched in the face.
MIKE TYSON

If you think crypt0 is all about trial and error, then you might reconsider investing in it in the first place.
Just like every market, crypt0 also has it's ebb's and flows... But it's the underlying value is what brought and kept me here...

Shib respecting the law of gravity.... Come home to daddy!

myonekobosay:
all my indicators are saying go south but beeteecee keeps going north. Maybe its just retesting 52k. I sidon dey look

Hehe... There's loads of resistance above but sooner or later a big move should ensue on a macro level (likely within 3-6weeks).... Bitc0in can spends months dillydallying, but once it decides on a move it goes there quickly.... I aim not to be on the wrong side of such moves......

If my bias on the market is right, I'm waiting for one more sellofff to fill my eoy bags

Oyindamolah:
Rule 6 of Crypt0 always take profit no matter how small.

Not always.... There are times to take profit and there are times to be patient and let the market do its thing...

As a spot trader, most money I've made in crypt0 were on stuff where I was just patient... It all depends on where the market is....

Good enough, there are lots of yield options now where folks can make passive income on their spot buys

seankafor:
oh boy my heart dey pound like this..

I don almost book Most coins on gainers list..

If BTC acts funny, am going to the village straight from here

Continue trading that way and obe day village go see u.... Where u dey when 40k was begging for buys...na now u com dey buy top gainers....

Suicide666:
Meh I don leave future trading for one side now, I'm now eyeing

Highly underrated

ObodoNaija:
Please which coin are you guys talking about?

As u see 3.5- 5, ur eye dey shine... Coyn is shib... But if you don't know the coyn, then perhaps you shouldn't be buying at this stage abi want yo donate ur money to the market?...

Isn't it interesting how this place was quiet at 40k support but now very lively at 50k resistance.... Mk Bitc0in no surprise bouys

Ibime:
I done already reenter at 19 but with small coins. It looks.like it wants to attack 20. I will add size if it crosses 20

If it crosses 2, I'd start guaging it from the breakout point which was 0.08 to 0.1.... Finally, this thing fit reach 3.5 - 5....

Really hoping for a pullback to 1.5 at least

Ibime:
What did you re-enter at, and at what size

Still yet to re-enter, I sold some at 2.. if it flips 2, I'd re-enter with a sl below...

It looks like there's some invisible hand pushing that coyn up.... and sellers are yet to really show up... I'm hoping Bitc0in nukes at 51k ish so I can ape in.

The coin has refused to have a proper dip... To funny this is there's no betece pairing, no leverage trading (I think), and the exchange exposure is not as much... Reminds me of doge in the early days before every exchange rushed to list it... Na there the wahala start

I see alot of Twitter folks rushing into doge... Hopefully that one follows suit... But the baggage holders there are too much...

Suicide666:
ok boss, feel free to update us (me) if confirmation is set still new to it

Anyway 700+ is where my aim is to buy some

Will need to catch some rest and take my eyes of the charts and let what's in motion play out..

Sold some of my betece at 50k... Hopefully, I could buy back lower...

On shib, the support areas below are 0.15, 0.12 and 0.1... resistance above is 0.2

jedisco:
Funnily, it flipped 0.15 but I wasn't keen on a re-entry...
Took some off at 0.2 though.... And placed bids back at 0.163 a.d 0.17... hopefully, I can compound them coyns back

Bitc0in 1hr and 4hr close not looking good... 48k is the next significant area below...

Readjusted my bids on shib accordingly

Suicide666:
SLP will still go up to 11.........it still down below

It does look good but I'd want a confirmation of structure first... Wouldn't want to be caught in another step down

Don't know what to make of slp..
Proper steps down... Not so bullish on it but what if its an elevator up... Hehe...

Eitherway, will take a small entry on it... A part of me wants Bitc0in to dip so my shib bids lower down can be filled.... A part of me is ready to ride this way...

Doge on the move... Perhaps an inverse relationship with bitc0in activated... Glad I loaded up yesterday