₦airaland Forum

@mods do shut down this thread. Enough of all these unfounded derogatory madeup stories

jedisco:
This is progressing nicely without the usual fanfare... 20 will be good resistance. I hope it can cross before it's pump becomes popular. Glad I loaded up lower down...
Heard they have an event on the 30th... with bitc0in all over the place, I'd be agressive in taking profits on this one

It's crossed 20 and so far hasn't looked back... will log on Twitter to guage market sentiment... but then, it seems like retail is yet to fully arrive.
Maybe Ape will be the shib of 2022 just like shib was the doge of 2021

One thing to watch is the market cap... it's ballooning out already..

nonut:
When you see the ridiculous percentages offered for staked tokens(locked staking) in some decentralized exchanges, you'll understand that this downtrend ain't stopping for a long while.

How does it tally with a bull or bear market?

Siberia01:
Get ready
To buy the big dip

Dip people have been waiting for since last year

jedisco:
Ape with a nice bounce off its previous high of 14usd. This could really rally if this holds. One more pullback to retest the 14.5 area wouldn't be bad

This is progressing nicely without the usual fanfare... 20 will be good resistance. I hope it can cross before it's pump becomes popular. Glad I loaded up lower down...
Heard they have an event on the 30th... with bitc0in all over the place, I'd be agressive in taking profits on this one

Ape with a nice bounce off its previous high of 14usd. This could really rally if this holds. One more pullback to retest the 14.5 area wouldn't be bad

Growth of UST in marketcap
This has been a good guide so far.... still trying to master terras movt.
Noticed the period between Apr 6 and Apr 11 when the growth of ust stalled corresponded to a selloff in Luna. Since then, ust has picked up and the price of Luna has followed. I'd be keeping an eye on this.
Given how weak Bitc0in looks, Luna hasn't performed badly

Ikillbrokehoes:

One of the very few deflationary L1s which also doubles as an exchange token. It's one of those coyns that has proved to always perform well with bitc0in

Moses247:
Holding sef na big Risk o� imagine the return after one year Nothing much

You call 28% pa nothing much?

myonekobosay:
Look for a way to enter LONG now. Prices are going to over 100% on many assets

Hehe... last week it was short to 29k... this week, its long for 100%... ok ooo

Alot of unknown coyns being mentioned with promises of exorbitant gains. In such market conditions, it's worth threading with caution. Also, if you've been in this space for even a year, you'd know that 99% of such coyns go to zero... capital protection is important. With alts, its important not to be on the wrong side of the market. When the time comes, opportunities will be plentiful.

Samsung004:
The guy that's ready to drop 1million naira.

I will advice you to buy $500 of catgirl coin from catgirl-.io remove the -.

Turned 400$ to 14k$ during last update they released.

Now the coin is about to get Season 2 update.
Trust me on this,, Elon musk pumped the market during the season 1 update and someone bought $11million of it making it to pump hard.
Cc: abokicryptonews

Hehe... it's also worth stating that the risk equalls the potential benefits too. 14k could also turn to 400

Impulse80:
Not your keys, not your crypto.

Yeah... but most folks moreso those with smaller sums might be better off with safe centralised exchanges until they get a hang of this space and how to ensure proper security. Most people are already used to centralised systems e.g banks securing their assets. An individual taking up that responsibility needs some learning.

QuitNotice:
Thanks, senior man for your response. Yes it's not erc20. It's trc20

Trc20 is on Tron network. As with other chains, you might have to deposit some tron to that same wallet which would be used as gas to pay for the transaction. Gas fees are cheap on tron so very little should do.
What is also important is that wherever youre moving tge usdt to should be on trc20 address so it doesn't get lost.

dynamike:
Near coin. But the car don start dey move. Do your own research and if you're convinced, just be observant and look for an entry point. Did a lot of research about it, this project is definitely going to be big, currently number 17 on coin market cap. This past few days I've been dca on it, entering on pullbacks. I'm not asking you to take this from me cause I'm not a financial adviser, and if you're taking it it's by your own free will but first do your own research before anything.

Out of curiosity, what makes bear different ? Or what potentials are these?

QuitNotice:
Thanks for this, senior man. Do you know that I am a newbie, and I have my usdt stuck in my TW. This is because they've been requesting for some so-called gas fees. I have been asking for about a week now, how to go about it, no response.
Gone are the days when flyheight, theenlightenedo, Jedisco, and Co were dropping punchlines and newbies were becoming illuminated. Now they just joke about, talking down on struggling newbies

You need to know what chain your usdt is on and then deposit some base layer coin to move it... sounds confusing right? If you click on the token, on the top-left corner you'd see the chain. Hope it's not erc-20

armadeo:
Honestly!!!!!. Or are you just trolling.

Better sell them immediately you see this post and reinvest it when the crash comes

Are you very sure a crash is coming?

seankafor:
I understand exchanges can see ones funds, but what I meant that why always claimed they don't have access to your personal funds and they cant move it..
Have you tried chatting exchange when you loose toeu logins or seed phrase, they'd claim dey don't have access to your funds, so you should keep your see phrase safe.. Blockchain has always maintained that...

I've not come across any centralised exchange that claims they dont have access to your funds. Best they can say is that most funds are kept in cold wallets for safety abd some percentage are insured. Any centralised exchange can block or sieze your crypt0 at the behest of kaw enforcement agents. As a matter of fact, once you deposit your coyn on an exchange, it technically does not belong to you. Exchanges have been hacked and clients funds drained.

This is much different from decentralised wallets e.g metamask. On those, your seed phrase is your key. If you loose it, that's it. Cos no one has access.

Seems you're mixing both up

WizkidNews:
I've been holding sol since it was below $50 and Luna since less than $20.

Which do you think has a more potential upside in the future?

which is actually the supposedly Eith killer(I know there no Eith killer, wait for eth2.0 upgrade and everyone will get this).

So Sol or Luna?

ibime jedisco

Good question... most have now come to agree that the only eith killer would be if eith 2.0 has issues.
On your list, I'd go with Luna for certain reasons. It's one of the only L1s who does something different. The coyn has good tokenomics with a loyal base. It's dapps are solid and a joy to use. So far, it's chain has been focused on ust... I believe soon enough, NFTs and the rest will start catching up. The increase in mcap of ust has been a good guide so far. There are two major risks I see... first is if ust depegs... second is regulatory interference... already, the SEC has looked the way of Do Kwon in the past... if ust keeps increasing in mcap, it'd attract more unwanted attention. A decentralised stable coyn that works just like centralised ones would be a major win in the space.

Regarding sol, I've not delved much into it's chain but to the extent I know, aside faster transactions and cheaper fees, I doubt there's any other thing that sets it apart. It's chain has gone down a number of times and it's tokenomics is not as strong as Luna as it has a higher inflation rate.

Any can perform better in the short-term but if caught in a bear market I'd rather hold Luna. Bnb to me is a better bet than Sol longterm... just that it's had a parabola of recent..
All said, if you're just in both, and catch times when theyre up significant amounts in a short period, shaving some profits to buy back lower may not be a bad idea. It all depends on your trading pattern too...

XaToXi:
Lol!

Was expecting something like this.

1. I don't know what time today the news is coming out. That's why I'm asking.

2. I'm expecting 38k before 43k, but I want to know what others are thinking as well.

Plausible.... but then, the range has been so traded that targeting close levels may be risky

seankafor:
they don't know

I like as Crypto is sustainably shaking off weak and paper hands..

Let the market self saturate and weed off the jokers who floods the system and let the real investors ride..

Let those who takes it as a religion ride or die...

They thought this is a place to turn 10 naira to 10 million which their regular jobs can't give them..

When the bible said the poor, the little they have will be collected from them and given to the rich, it was talking about crypt0.

Anyone who is not ready to ride with it on the downtimes doesn't deserve to ride with it to the top side..

Hehe... hope if the drawdown you crave comes, you'd be able to weather it

Lucremoy:
bought paper at close to ATH
not selling till 100x
if it doesn't then we move

Hehe

seankafor:
It's a hogwash these exchanges claims they don't have access to your funds..

So after like 5 months of my issue with Bl0ckchain..

They cited that I violated their terms due to a 3rd party assistance in reverification of my Bl0ckchain account..

They now requested me to do a task of snapping a selfie with some handwritings and some selfies.

They now said they'd transfer out my funds manually to an address I provided after completing the task..

Now I ask, if they didn't have access to my funds, how would they have transfer the funds out?

Note.. they have disabled my account and features

Am done with exchanges for good even way before now..

Run from exchanges guys, they'd do you dirty and nothing you can do about it..

Your question funny o... it's like asking if a bank knows how much you have with the. Is there anywhere you saw an exchange claim they don't have details of their clients funds?

Every centralised exchange has full access to clients funds. They can limit you account at anytime. Thats why it's centralised.
Even with personal wallets, with your wallet address, anyone in the world can look up all transactions you've made on that wallet...

By third party do you mean someone helping you to verify?

XaToXi:
Talking of TA experts, someone actually predicted this reversal to the T.

Can't even find that 39200 support on the charts. Not on MA, EMA or Bollinger.

Maybe it's a Fib level.

Would have posted the prediction earlier but thought better of it.

There seems to be alot of leveraged stops at that 39.2k level. A dip below to take it out wouldn't surprise. This range has been traded so much that lines have blurred out. Over 1 year now

Ibime:
Bro, this will be the third time in the last year I exited the market before an obvious downturn. I don't know how anyone can still be bullish given macro conditions and loss of the 21 week EMA. Still welded to the strategy of shorting resistance and only buying obvious hype coins until macro conditions change. Guys should have fled to stables once we broke below $45k. You taught me the 21 week EMA rule for determining alt season and I still apply it judiciously.

Good timimg... The macro conditions aren't looking great.
The loss of the 21w ema has always been my line in the sand... unlike the last close below when price hung around for a confirmation of resistance before a before the downward spiral, this time, it seemed to have just followed thru immediately. Lucky I made some swaps on the weekly into bitc0in but still took some hits. Not so bothered as I'm mainly in the right stuff

The amount of thime this range has been traded thru makes me worry about a nuke in future to clear the whole range... that might be the most sustainable way to exit this range

Sunndaywillie:
Eth remaining now

Market looks like sh*t.... Crypt0 is not for the fainthearted

earthrealm:
No long talk..90 usd saitama inu turned to over 90k usd, last yr. Attached sc is b4 it hit 90k.
The coin was bought when it had 12 zeros,

Even this mumu will smith shitcoin did over 4000% roi,..thats like 100usd turning to 4k usd within 1 wk

The koko is roi...no safe/normal coin will ever give you such insane roi..
Anyway...mek all stick to what works for him

Good luck bro

Sad story. Should serve as a lesson to some male folks on nairaland who think being woke means insulting females of your kind....

earthrealm:
yeah very true @ shib market price, i used shib as an example..should have clarified its just an example..and i meant when shib had 7 or 8 zeros and 1 or 2b market cap. iknow someone who bought shib early his less than 200usd bag turned to over 50k usd, when shib mooned

in crypto, there is really no hard and fast rule,,,,,,what works for a may not work for b,
my aim is to get rich with crypto,,,,so am open to more risk, you say yours is to save capital, so obviously your approach would be more conservative
if i had 1k usd to play with with use 50usd to search and buy 12 low valuesh,it/meme coins 7 to 10 decimal places, and then spread the remaining 400usd among low to mid value coins ranging in price from 4 zeros(0.00001usd to 1usd)

Yeah to each his own like you said...
If I was investing 1k, then at least 800 will go to sound projects who are very likely to trive in this space. Depending on the time of crypt0 moves, I can use the remaining to gamble on high risk stuff.

There's a reason why certain meme coins pump... and there'd always be bew coyns with each rally. I wonder what folks who invested in all the doge look alikes during the last rally will have to say.

Most of the more profitable altcoin traders are those who know how to ride the bitc0in/eith wave, and then switch to the alyt wave and exit before the crash.

konfusedgee:
Bro, Ive lost quite a lot on futures, but what people fail to understand is that you have to make you winners bigger than your losers to profit from futures,,, when you have 4 losses in a row and you are not botherd cos your 5th trade could wipe out your losses, then futures is for you.

Even Messi sef, no be every shot he takes he scores, no be every match he plays he wins, but the endgame is that his winners is bigger than his losers

I may or may not post my futures profits or losses, cos that one sef na work, but when you decide to accept all risks associated with futures that is when you accept the massive profits futures can provide

I've dabbled briefly into futures for fun. Making a few winning trades is very different from existing profits from this space in the longterm.


The best future traders I know will always advice people not to get in. And if getting in, those people should have been in crypt0 profitably for at least 1-2 years.

Futures is not a shortcut to make money in this space. It would only maximise ones loses or gains with the added significant risk of wiping ones account

Ibime:
We are going to nuke definitely. Macro conditions cannot allow a big bounce from here. It's simply 90% impossible. We just had the shortest altseason ever. I'm repositioning to only short resistance for the rest of this year and only buy hype coins.

Wouldn't be so certain. The market largely rests in a balance. The narrative in crypt0 can change very quickly. The market was quite bullish last 2 weeks when every coin was putting in 20% daily moves... a small bitc0in retrace caused most to reverse their gains and it's now gloomy...
Lets see what it does over the next couple of weeks

Emmizay12:
Ewooooo! guys i work in an office, morning till night am at my desk working, free wifi,
i started using my free time to learn crypt0 futures trading,,,, for six months i keep looking at the charts am confused but i dont stop, practice trading on demo
omo i started going live on binance futures, switched to bybit cause of lower trading fees

omo right now im getting scared cos the amount of money am making in less than two hrs just placing trades,,, this is me stealing time out of work hrs to trade and am doubling my acct using 50x leverage with just 20usdt, i use tight entries, and in less than 1 hr am out with pure 50usdt profit,,,,, imagine if i use 100usdt

guys futures trading should be illegal,, omo fear the catch me,, am scared of making this money.

why am i feeling this reluctant and scared of the profits i stand to gain after months of learning futures..........

Hehe... start trading with real money first. Over 75% of futures traders blow their account within the first 3 months...
Futures is nice for those who know how. In all, crypt0 is volatile enough to make good money without dabbling into futures