₦airaland Forum

Hmmm....

I rarely say things with certainty here buy I'm quite sure on this. 99% of those who are just starting to get into unlisted coyns and stuff like the above will lose money. I don't mean pullbacks, I mean wipeoffs. This is soo 2017...

Don't be lunch for scam artists...

At this stage of the marjet with solid setups on strong coins, if you find yourself stuck in a range or in someone elses pot of soup, you have yourself to blame

Adetunjicaleb:
Bsc based projects are still experimental. Most of solid projects that do well both shoort and long term are still on the erc network. But there are also some good gems right now also listed on binance and based on their fundamentals, they are doing well.

I also have one solid project for a long term and its on erc-20 and its still at ICO and very cheap to buy right now

Which project is that?

Hamzashaf99:
Please what does this mean, jedisco?

And what are your thoughts about this coyyn?

Also what causes such a sudden pump like that of L.u.na

What coin??

damzy88:
Any particular figure to buy more Doge or buy for the first time? Thanks

Was hoping it'd give a dip into low 0.7 ish...or 0.65 but bears look weak AF... Buyers just keep pushing up... Got lil at 0.74 but still yet to deploy more arsenal.. I'm watching what happens at the 0.85 level which is the last point of defense for sellers... was also hoping xrp will finish make I shift focus...

With the way it's looking, I'd say dips are for buying

Adetunjicaleb:
You seem to be one interested in long term projects with solid fundamentals. I have one or two that I can recommend to you right now. You can dm me

Hmmm... Why not share it here for everyone's benefit?

Something needs to be done about the culverts on Onitsha.... The government should ensure they're covered asap. We need to move away from this open drainage system

Ibime:
BSC is a pump and dump party now, but when one market closes, another opens, just like we left UniSwap to Pancake. Solana and Huobi network tokens are on the move and are more serious projects so na to investigate those markets and move across.

Na do e dey be... Seems defi has not boomed yet cos of eith lagging.

For me, at this stage of the market, with structured coins showing good signs, mk I stick to wetin I sabi.... Had to cut some of the micros I opened sef... Some are in profits though...

Also, alot of hreedy folks will start leveraging like raskals hence volatility...

After tasting the goodness of xrp, plan now is not to miss the enjoyment of ada and doge if they breakout

Ibime:
Shitcoin update this week so far

$200 in Gulag - lost all $200
$200 in FOMO - lost $40
$100 in Bafe - lost $20
$200 in DogeBsc - currently down $50
$200 in ECP - currently up $517

So far up $200 on $900 cumulative

A lot more whale coins that can rug on BSc these days so one has to be more cautious

Hehe... Na why I no too put eye for unlisted coins... It's more of a hit/miss and adrenaline rush..... Looking back, I might have gone in early January when the hype wasn't as much... Now na sharks plenty

Trx... Another continuation looking to happen...

Can we share top 3-5 positions.... Mk we talk profits on a green day;

My top 4 positions by allocation
Xrp/xlm
Trx
Ox
Zil

My bet on micros hasn't been as productive... And now with betece and majors doing well, it becomes more tricky

Stuff I'm looking to enter/build allocation in from current positions
Ada
Doge
Dot

Ultimately, once betece starts approaching 70k, I'd look to be at least 50% in betece and any alyt which will follow...

Akinola2345:
Why...alt coin not moving when betc is moving up....

But when betc is going down alt coin will follow btc going down...

Why?

That's the market.... Mostly cos folks rotate profits into betece.

Generally speaking, betece volatility is not good for alyts. They do well when betece is ranging. Not very often do alyts and betece pump together

Tolu181:
Today is the Day, Theta will begin pump...



Amen

Hehe... Also join prayer?

It seems to be in a reaccumulation or even distributive phase... Sitting and waiting for a move might not be worth the opportunity cost. There are still resistances it'd need to transverse to breakout of this range

The reason I don't like missing certain pumps in a bullrun... E.g xrp and doge is that their reward is quick... No need waiting for weeks and wondering what betece will do...

Xrp does it in 2 weeks usually, doge in 2 day....

jedisco:
Reason why I'm still in xrp despite an over 100% rally

Cos of what I'm seeing... Usually, such pumps come in 3 waves... First was 0.6 to 1.1...then 1.1 to 1.5... Looking at the structure, I believe its still hot some gas..

If the 3rd wave is part of thesame rally, the consolidatory period should be shorter between seccesivd phases and the 3rd rally the steepest (i.e ot took 4 days for the 2nd rally to breakout, the 3rd should happen quicker).... Also, the top of this rally does not seem like the end of a parabola.. it gave too many people opportunities to close their trades. I saw too many people on Twitter sharing how they comfortably closed their trades...

A confirmation will be xrp breaking out against betece... Once that happens and holds, the dollar pair will follow

Xlm is also primed.. has broken 0.6 and retesting it... ATH is at 0.9... which is a 50% move...

My targets? Shared them earlier... Next resistance is at 2... After that 2.4 to 2.5... Anything above that will likely be wicky...
Personally, the Betece chart looks cleaber and I'd likely be taking profits there...

On xlm, I'm targeting 0.9

Invalidation? It forms a double top. Also, if it starts consolidating here for too long (i.e more than the last consolidation) then the move is likely over... And distribution and a more drawnout consolidation should occur.. In essence, A breakout should be soon if it's part of thesame move.

Risk? Betece is at resistance, a serious pullback resets the market. Also, betece's daily close doesn't look great... Remember no free lunch here... Manage risk appropriately.... I still got stop on xrp all this while

P.s... 1st chart is xrp, second chart is xlm

Let's loose...

Adding up heavily on a retest

fusionchimera:
I'm putting together a group of futures traders, to train to trade, for 10 days straight, you must be very conversant with TA

quote me if you're interested

Good stuff for those interested... Remember you used to share trades b4... Wetin happen? We need such content here...

Personally, I rarely trade futures on crypt0 as the time to micro manage trades no dey and also, spot well volatile to make money... But then, lots of folks have got good money from it

Reason why I'm still in xrp despite an over 100% rally

Cos of what I'm seeing... Usually, such pumps come in 3 waves... First was 0.6 to 1.1...then 1.1 to 1.5... Looking at the structure, I believe its still hot some gas..

If the 3rd wave is part of thesame rally, the consolidatory period should be shorter between seccesivd phases and the 3rd rally the steepest (i.e ot took 4 days for the 2nd rally to breakout, the 3rd should happen quicker).... Also, the top of this rally does not seem like the end of a parabola.. it gave too many people opportunities to close their trades. I saw too many people on Twitter sharing how they comfortably closed their trades...

A confirmation will be xrp breaking out against betece... Once that happens and holds, the dollar pair will follow

Xlm is also primed.. has broken 0.6 and retesting it... ATH is at 0.9... which is a 50% move...

My targets? Shared them earlier... Next resistance is at 2... After that 2.4 to 2.5... Anything above that will likely be wicky...
Personally, the Betece chart looks cleaber and I'd likely be taking profits there...

On xlm, I'm targeting 0.9

Invalidation? It forms a double top. Also, if it starts consolidating here for too long (i.e more than the last consolidation) then the move is likely over... And distribution and a more drawnout consolidation should occur.. In essence, A breakout should be soon if it's part of thesame move.

Risk? Betece is at resistance, a serious pullback resets the market. Also, betece's daily close doesn't look great... Remember no free lunch here... Manage risk appropriately.... I still got stop on xrp all this while

P.s... 1st chart is xrp, second chart is xlm

Ibime:
Make it drop jor. Some of us are looking for entry point.

Hehe... Betece seems at a decision point... A drop here may likely cause a cascade... U sef no go like am

Ibime:
A listed company is subject to anti-Trust laws and extra scrutiny. All those shilling and market manipulation CZ does will start to become a criminal activity if he ever lists on a regulated exchange.

There is a reason why Binance isn't allowed to operate in US and they are headquartered in Seychelles. It's simply to escape regulation. Even Elon Musk receives warnings from SEC for tweeting about Tesla share price, talkless of CZ constantly shilling BNB.

Fact is a listed company cannot be issuing cøin for a variety of reasons, mostly legal but also connected to how Shareholders are affected if the coin starts to wobble despite them holding real equity unconnected to the performance of the coin. When BNB crash from 300 to 8 dollars like last time, their stockprice will take a hit even though the exchange itself is performing well and unconnected to the coin. See how SEC are chasing Ripple upandan claiming X.R.P is a security. Remember Telegram pondered a coin last cycle which was mooted to be a 100 billion coin but thought better about it.

CZ should just keep chopping money from B.N.B and forget about listing unless he wants to list on some unregulated stock market.

But there's Binance US which is regulatory compliant for US customers.
The chap has tried for the crypt0 world and if crypt0 gets mainstream adoption, he'd be high on the forbes list. I believe he's tried to develop this space and deserves some credit.
They've consistently had one of the lowest trading fees, good liquidity and have expanded to several countries... We can't say how things will pan out in future... There's even the talk of tokenizing stocks... The one wey I no understand na football club tokens... I noticed PSG token pumped when they won Bayern..
Earlier on this thread, most folks used Luno nd were limited to x.rp... when the guy start dey pump bnb plus cbn wahala, folks migrated...
Personally, I don't like that as it doesn't help decentralisation which is the core essence of this space.

braivheart:
jedisco can you recommend any?

Why not use an exchange to avoid stories that touch

There's this caution I always have moreso with alyts when betece is at resistance... Abi mk we convert all alyts to betece so we can overcome the resistance and begin the party... Cos finally, if bears win, e no go funny ooo.... Stay safe my people

mattyboy007:
UNI has been holding me hostage for almost 3weeks now.. I jst hope d tin hit $40 so I can run out

Uni pumping on a day like this... Sushi following suit... Grabbed me some sushi... Should be a quick trade with stops

papiforreal:
Thanks bro. Jumped in again at 610. I'll hold and flip at 700 hopefully.

Just seeing that you took profit off vet. Thought you said we jumping out at 1.4?
Or you meant 0.14?

Hehe... With betece at resistance, be kiaful ooo...

I converted my eith back to vet at an equivalent of 0.1 ish... Took half off at 0.145 and seeing what the rest would do

Ibime:
I am looking at ADA. That was going to be my next move after XRP but I see they went up small. Hopefully they come back so we can jump on.

Etoro is mostly for stocks and commodities. Crypto is just a small part of their offering so it would be unbecoming of them to launch a coin. We all know all these coins will be worthless in the long run. No serious business will launch a coin, and I'm sure Kōinbeezy will stay away from such.

Hehehe... So binance no be serious business
Wouldn't be surprised that guy turns out on the forbes list in a few years... He's got retail cornered and is liquidating greedy ones on the beat... And they'd start offering stock options too...

Regarding Ada, it looks like it'd breakout soon... Gravbed lil at 1.2... but then, I'm not really interested until it's above 1.5... when it gets there, we join the train

Ojemedad:
I was tempted to jump in when I noticed the volume doubled and it did a little pump, in this game it is difficult to predict

Yeah its difficult moreso after a parabola... It may be a sign of folks trying to get out.. Either way, there is room to play it between levels but I think there's much cleaner stuff out there

Ibime:
The retracement could be disastrous sha. Pump is based on some burn news event so I would expect either a strong retracement or long consolidation period.

For material investments, I only had XRP going as well as a portfolio mix I invest in which tracks the major caps available on Etoro. Etoro which is my preferred platform only list layer1 networks so I don't scatter stuff everywhere, only hold two or three at most at a time, and let their Crypto Portfolio offering be my HODL position. On Binance I have a small thing in Key and Zil which I barely check, just leaving that to ride.

Apart from that, I throw $200 in a new shïtcoin every other day.

I don't think it retraces that much except betece dumps.. It's not pumped that crazy for that... There's lots of retail money in and leveraged folks, so it may range a bit before further upside...

Sensible stuff on reducing your portfolio size. It is something I can struggle with... Had to close a number of positions over the weekend too.... Stuff like ONT. The most sensible decision was cutting my Link for xrp at 0.9. No time to be stuck in a range

For now, I am majorly in XRP/XLM, TRX, Zil, Dot, Zrx. Then a number of structureless micros i am just hoping they zap mk I run
Cut half of SOL at 29.5 and some profits off VET at 1.45 (swapped my eith back into it)
For Zil, I no know wetin dey do am... It's broken out against betece and USD... retested both... the thing still no gree waka...

I am looking to cut xrp and xlm soon-ish. Will need to start building exposure in betece.

Stuff I feel are getting ready are ADA and DOGE.. They still have significant resistance to clear though

BTW, does Etoro have their own token? Most exchanges go like pump some exclusive coyns co binance does not take their customers

Ojemedad:
Why is WIN going down despite volume increasing?

Jokes apart, sometimes, it's better to let a done pump rest...
I'd only start getting enticed about win if it breaks its previous high...That's cos it seems too many people are stuck looking for a way out and would be looking to sell into any pump. Just like doge, chz, and other coins that have gone parabolic, no one knows how long it would remain in range. At this stage of the cycle, with so betece volatility, the opportunity cost to me is not worth it.

Ibime:
Watching BNB from the outside is so painful having been a strong believer who first jumped on at $70

Chasing green candles is not for me. I will wait for strong pullback of at least 25%

Hehe... What alyts are you playing then?
Would have loved to ride it moreso after the breakout yesterday from 480 ish... got carried away with useless stuff

But then, its a 2x move... xrp which you have has also done something euivalent

sconp:
2017 rekt me totally.

Hehe..
Mind sharing your stories make we learn

ojesymsym:
But guiness is still in the market selling their products and people still buy, so why has their fundamentals changed so badly? Any ideas?

That's one of the miracles on the NSE, that leaves me wondering. Unfortunately, it is the case for over 95% of listed companies.

For a household name like Guinness whose products are everywhere, one would expect it should at least maintain its stock value in naira- dividends aside. But then the value has surprisingly been on the continuous decline for years and dividends annoyingly low (we're talking of <1% for some years). I can hardly put down a reason for that.

Market is getting heated... Greedy folks overleveraging...

If betece dumps to say 54k now, the amount of liquidations no go be here... We're talking about billions of dollars... Na that kind thing exchanges dey like

afroxyz:
Shares of Guinness have increased 74% YTD. Very impressive.

It's easy to see a snippet and forget about the bigger picture.

For stocks and most investments, i always want to look at performance over time, at least 7-10 years before investing cos markets generally have a pattern to them... Except it's a quick trade or a novel company where it's tricky to judge

On Guiness, that's it's performance overtime. I first used a line chart to take away the noise.
Price in 2013 -270
2014- 180
2015- 150
2016 -95
2017- 60
2018-110
2109 -48
2020-15.

When something is that down that much, a small rally doesn't mean much... It's what's called a dead cat bounce... Also, the dividend yield has been as low as 0.7% in some of the years
Some people would look at the current price and want to be Warren Buffet and buy at the lows... Well, good for them. But if something fundamental and novel hasn't changed with the company/market, it's more likely the price will revisit 15 naira or even lower

papiforreal:
Boss what do you think about bnb. The thing don kolo.

Can one still jump based on the ta?

It's a strong coin...
After a strong rally from from 50 to 350, it consolidated and broke out relatively quick. Not expecting it does the milultiples done before At least, it should double its breakout sum. Remember it's now a much larger cap...

If I was in it, I'd play it range by range, I'd be shedding some around 700, if it flips that level, then the next logical stop should be 1k

Ibime:
I go dey am up this weekend and report next week.

Toh... We go dey wait...

Seems you like the adrenaline rush