₦airaland Forum

Avax....

The daily against usdt looks like a bullflag is being made.... not confirmed by a breakout yet. Last I added in usdt was when it was at 60. It followed luna's rally during the second half of last year. Would see if it repeats same this time around....

Doesn't look as strong against betece.... still developing...

jedisco:
This has began to lift... I expect volume to start picking up. The 4hr chart gives a better view of volume

If this was going to end up as a parabola, two things are likely....
1. A slow grind up into a high volume selloff between 15.6 and 18. This should test the strength of the uptrend
2. A further grind back up after the seloff.. things should begin to run if it can cross the 18-20 barrier......

Stops now are in profit and I wouldn't be moving them up.... will just let things develop

Still on Ape... was stopped out on my first trade at breakeven.

Got another reentry after a reclaim and bounce off the 4hr support.. looked like a completed correction. Key to more upside is clearing the 14.5- 15 resistance

Entry is about 13.4.... still got stops in place

Macktaob:
Do you think the Russia bitc0in acceptance for crude could trigger the west to want to suppress crypt0 space?

The feelers ith the US right now is that they want to 'appropriately regulate' the crypt0 space. I've always maintained thats not a bad thing as far as the regulations are sensible. You need that for institutional money to become comfortable in this space..

I've always not bothered myself too much about most 'news' on crypt0 except few that have far reaching effects. Any significant dip comes with proper fear (for good reason). If one wants to profit from bitc0in, knowing the 'fear' to buy and filtering out the noise is key

Been looking at this for some days for a quick play.... was undecided about it.... with a mcap of 25 million seems like its breaking out...
Not in it... I'd let it run.... will look for similar stuff

Small pump... this whole page is bubbling... hope the place wouldn't go silent in a dip

jedisco:
On Ape, I see there's lots of retail interest in it- something that attracts me. Don't like the ticker price though... I feel the ones with lots of decimals attract more...

Been watching it since the launch...
On the hourly, after the initial rally, it formed a descending triangle (usually bearish), had a fake out to the upside (to trap late fomo) before a nuke.....
The base of the descending triangle was 12.8-13 usd. After the initial selloff, it started rallying again and has just reclaimed this level. I got this time with a tight stop loss.. No volume yet but if this does not end like the initial, fakeout then the volume should come....

Another thing is that when a new coyn holds some structure after the initial selloff, it usually portends something good.

Remember its a coyn with only hype and no utility- I play them to increase my stash of the majors... Not to marry

This has began to lift... I expect volume to start picking up. The 4hr chart gives a better view of volume

If this was going to end up as a parabola, two things are likely....
1. A slow grind up into a high volume selloff between 15.6 and 18. This should test the strength of the uptrend
2. A further grind back up after the seloff.. things should begin to run if it can cross the 18-20 barrier......

Stops now are in profit and I wouldn't be moving them up.... will just let things develop

jedisco:
12.38... but if things take-off, I'd move it to breakeven or profit... If it gets hit by a wick, I'd revisit things

26 occured to me arbitrarily as it'd be a 2x of 13. Also, the high on binaz is at 28... folks may want to front run it... can be hard to predict.. if it still has steam going forward, I could play bounces with smaller amounts.
Usually, I wouldn't cut all my stash in one go. Also, when placing tp for coyns in price discovery, I tend to avoid whole numbers... e.g if targeting 20, I might ladder bids between 18 and 19.8

Just read that folks got upto 100k usd worth of airdrop in ape... hehehe... if those start selling, e go be like rainfall.

Stops at breakeven...off to sleep

111P3kdudu:
It doesn't blow any accounts
Not forex but spot trading.
It makes real time profit n secures ur money.
Call or watapp me
081 34 59 58 90
Royal Q pays & is still paying so long as c r y p t0 remains

Another scam... can we report this chap

Ibime:
Thanks. What's your SL

I had my TP at 30

Why 26 specifically?

12.38... but if things take-off, I'd move it to breakeven or profit... If it gets hit by a wick, I'd revisit things

26 occured to me arbitrarily as it'd be a 2x of 13. Also, the high on binaz is at 28... folks may want to front run it... can be hard to predict.. if it still has steam going forward, I could play bounces with smaller amounts.
Usually, I wouldn't cut all my stash in one go. Also, when placing tp for coyns in price discovery, I tend to avoid whole numbers... e.g if targeting 20, I might ladder bids between 18 and 19.8

Just read that folks got upto 100k usd worth of airdrop in ape... hehehe... if those start selling, e go be like rainfall.

Timekeeper:
Ape coin isn't a memes coin bro...... .... APE CPIN DAO

I get... it's not a classic meme coin but has lots of similarities. For now, it's price is largely driven by hype and confidence in the team backing it

Ibime:
I need to see price target boss

If my stoploss is not hit and it holds, I'd be targeting 26 on it...

jedisco:
Some TA on Ape loading.... seems its the next meme coyn...

Has some similarities to shib... it's backed by some eith powerhouses and also launched on multiple exchanges. Being available on multiple exchanges is important for a meme coyn as you need retail fomo

On Ape, I see there's lots of retail interest in it- something that attracts me. Don't like the ticker price though... I feel the ones with lots of decimals attract more...

Been watching it since the launch...
On the hourly, after the initial rally, it formed a descending triangle (usually bearish), had a fake out to the upside (to trap late fomo) before a nuke.....
The base of the descending triangle was 12.8-13 usd. After the initial selloff, it started rallying again and has just reclaimed this level. I got this time with a tight stop loss.. No volume yet but if this does not end like the initial, fakeout then the volume should come....

Another thing is that when a new coyn holds some structure after the initial selloff, it usually portends something good.

Remember its a coyn with only hype and no utility- I play them to increase my stash of the majors... Not to marry

Some TA on Ape loading.... seems its the next meme coyn...

Has some similarities to shib... it's backed by some eith powerhouses and also launched on multiple exchanges. Being available on multiple exchanges is important for a meme coyn as you need retail fomo

Ibime:
I feel we might be approaching a 3rd wave of the cycle. Our 21 day EMA is now almost hitting our 21 week and touched it briefly today, consolidation feels almost over with consistent higher lows although volume still low, and EiTH is now outstripping BTC which is a sign of growing confidence. Of course inflation still hangs over heavy and could wreck everything but risk appetite is increasing. The system has taken many shocks and I don't think there's much more FUD that can shock the system than Russia-Ukraine. Ape pump was one of the signs we are gearing up as well. If my hunch is correct, I'll be watching for underpriced L1s like NEAR, MINA, EGLD and ALGO, I'll be playing the ADA hardfork coming up to June and I'll be looking for any Metaverse new entries as well as SAND. And of course, there will be an almighty rip on XRP as we approach final settlement on the SEC case. And at the point of maximum euphoria, we should keep eye on SHIB. Fingers crossed, Baba should do it for us and give us another wave this cycle.

Good stuff...
Also with eiths merge approaching, there's a good chance it rallies into that merge. It's been slated for Q2 hopefully in about 3m... alyts rallying beforehand might be an opportunity to increase my eith allocation. After the merge, the longevity of certain L1s who only have 'cheaper fees and faster transaction' may be called into question

Also looking into the meta coins... said was going to revisit them after the initial hype died down....

I'm waiting for a monthly close to make certain decisions. Will mainly be focused on L1s that performed well on the last rally and managed to hold a higher low on this dip. Hopefully, bitc0in shows its hand

This is getting too much! Law enforcement agents need to start clamping down on those organising the rituals to show it does not work

Rizin:
Come to think of it, in 2015 Corolla was sold at 900k. In 2017 it was sold at 1.6-1.8m. currently it is sold at 2.4m. with the new policy on importation, it will go to 4m by next 3months.
Same with other vehicles.

God will help us in this country.

Sadly, this is one of the examples that vividly quantifies the effect of inflation/devaluation.
It was cheaper for an average graduate to buy a 10 year old corolla in 2014 than it is for a graduate today to buy same corrola which is now 18yr old.

Like they say, inflation steals from all... reducing inflation and stabilising the exchange is a good bedrock to enable citizens build wealth.

Inflation aside, some investment opportunities still keep up and outpace it. Moreso ones where the producer can easily transfer added costs to the consumer without loosing them. It'd have been better for all if things were more stable but it's not all gloom

Olaide1295:
This bond was over subscribed by about 400%. $4 billion was on the order book. Nigeria needs to take advantage of the cheap international funds. Every reduction by 1% saves us tens of millions of USD.
BTW, local investors did $60M out of the total subscription in the last Eurobond.

Interesting... is there a news link that reported the oversubscription? DMO officials would typically attribute such oversubscription to 'foreign investor confidence' which is something I disagree with...

Nigeria is not a mushroom nation on the brink of demise- it's one of over 200mil. Real confidence is when such bonds are priced at say 1% and still oversubscribed.

$60M is fair... could be better though. I wonder if pension funds e.t.c are restricted

Avax.. another vibrant L1... doesn't do much different from others though...

Swapped some of my betece into avax due to certain reasons

Against betece, I've been watching it over recent weeks as it formed a 'head nd shoulder' pattern at the top (which is usually bearish). I expected a breakdown and it to loose the weekly support last week at which point, I'd cut my avax position.. However, it proceeded to have a strong finish (arrowed)... Generally a bearish pattern that fails to breakdown becomes bullish and vice versa.

Against usdt, after atrocious weekly finishes, last weeks close was a bullish one that covered previous 5 weeks of trading... looks like a double bottom similar to what happened in June last yr (circled).. upside target could be previous ATH

Heard there's an upcoming collaboration between avax and luna... that might also help drive a pump...

All said, with bitc0in still below the weekly support, market is still shaky and it's difficult to say how avax would react if bitc0in start dipping

A fresh eurobond offering at 8.3%. I wonder how this rate compares to borrowing by other nations....

All said, if the historical 10% pa devaluation of the naira against the dollar continues, this should present a vetter opportunity than local FGN bonds....

There's usually a way for local investors to participate

santos123:
Is rmrk related to moonriver(movr)?@jedisco

No idea...

recieve:
i just read your comment again and i figure out that you're d¤mb!

You had to read my comment multiple time to comprehend and but up a dishevelled response. This says a lot about your IQ. If you put same effort you put in hating your female folk into your hustle, you may be closser to the top of your foodchain and understand what is means to be an alpha which you so crave for. Think about that and stop playing around boy

recieve:
do me a favour by keeping quient! Go and marry and see if your wife will be like your mum, nonsense!

It's 'quiet' and not whatever you typed.
Secondly I know that no two humans are alike neither do I have an intention of marrying my mum. The problem with most of you 'bottom rung' males that go about claiming 'redpill' is that you do that out of the frustration of not being able to compete with your fellow males.

Marriage is not an achievement and no one is begging you to. But you should understand that we and our women share same genetic pool. If you think your women are 'useless' it's because their fathers and brothers are equally useless.

Your redpill movement stems from your dysfunctional upbringing which has conditioned how you see the world.
Fortunately, a good number of us have a litany of strong women in our families including our mothers who were part of the reason we turned out successful.

Hating women because of your experience with your mother is futile... it only makes you her replica... Progress is being able to soar above that to be a better man.

MapleBae2020:
Do you suggest we accumulate as much as possible at any dip before April and hold?

Nope... no one knows what bitc0in or any market would do...

At the end of the day, the value of bitc0in does trend up with time... so with a good enough investment timeframe and ability to stomach and buy tgw dips, one should be good at the end of it all

tamas99:
Phantom, Arweave, Solana, Polkadot, Decentraland, Near, Avalanche, Matic etc.

L1s.... easier to compare among themselves with dependable metrics

Prayfortheworld:
What coins are the right coins apart from BeTC and Eith

To me, just a handful more... mainly layer 1s. I'd make a post on stuff I feel meet my criteria

ThisisIkemefuna:
BeTC you mean?

Among others yes....
One cannot always time the major moves of this market... but if caught offside, there are coyns I'm willing to hold through a dip. Most have a good track record too.

Once the majors have shown strength, there'd be enough room to go into more speculative micros

ThisisIkemefuna:
5k USD is large enough?

That's good money... you should be invested in the right coins

@Seun @mods
You should do something about this fella... freedom of speech doesn't mean derogatory remarks towards a certain people. Rdcent occurrences on Facebook, twitter e.t.c should serve as a guide

Prayfortheworld:
This crypt0 is not for me i just dy loose

Oga... buy the right coyns.... stuff that you're sure you could hold thru a dip...

Utility, inflation, tokenomics, team... these are the factors...

If spending large sums.... a significant part of your portfolio should be in betece and eith

EmmanuelScott1:
sorry I reply late, nothing much boss, just that it's monthly chart is all red, so assuming it's green days is coming, anyway it's in gainers list now.

I didn't enter sha

If there's no reason to buy, then it might be worth asking yourself why you want to put your funds into it...

Before I put significant money in a coyn, I ask certain things.... the utility, inflation rate, how its issued, team behind it, tokenomics, why it rather than eith or betece... if answers are not satisfactory, I keep off

Outta curiosity.... does anyone her use anchor protocol or invested in the luna ecosystem?