₦airaland Forum

Lot has been said about devaluation and many people compare the naira to the dollar. This gives an illusion of the dollar being a fixed value asset which is false.

The dollar is also a moving target that has been devalued over time. The only thing is that the dollar is one of the better performing currencies.. For example, the exchange between usd and gbp was 2 usd to 1gbp in 2007. By 2010, it was 1.7 and currently sits at about 1.3.

seunmsg:
I bought FTM at $2.9 and DCA at $1.8. Now I have to dump my bag at $1.4.

And to think this is the same FTM that was hyped as a strong project that will rise to $10. Nawa o

Lol....

EmmanuelScott1:
bro jedisco,. please can you analyze for me "Movr"

Movr is not a coyn I've traded so its hard to comment on it... All said, the current market climate is not the best for alyts. Only luna seems to be outperforming bitc0in.

BTW, why are you interested in movr?

MapleBae2020:
What about INJ? Is it a good target to buy now?

Why are you interested in INJ?

Missed this by a whisker....

Woke today and thought that since Luna and ANC are pumping, other terra based coyns wod soon pump.... looked at MIR and it was in red..... said I'd buy at the daily close... well that's passed.... lemme chk what others are yet to move

StrafordSTONES:
This market is all about putting your money where your mouth is. I am growing to understand that unless an argument has for it's purpose the exchange of ideas, such should highly be avoided. In other words, if you are arguing with a person and sense that the person just wanna be right rather than see things in different perspective, you'd best ignore.

That said, I believe all the people who had/have so much faith in BeTC and bought the dip are smiling right now... I would bet Jedisco did.... In retrospect, i now know mid 30's is always a good region to load BeTc

I initially sold some betece at 40k on the first pump and bought back at 38k....

Asides positions I already have, I still have good dry powder waiting (while earning interest)- I'd want to use that on certain alyts but will do that when there's more confirmation on bitc0ins direction

kintus:
I don't know what the whales are planning for us this time, but the unusual rise in alts coin compared to BEeTCEE is strange. Most doing 10-40% but baba BEETCEE is just ranging between 38.5k - 39.5k.

@JEDISCO & et al, hope you don't mind giving some Contribution or interpretation to this move?

What alyts are you looking at? Most alyts have been on a selloff for the past 3 months when compared to betece.... also bitc0in dominance is showing strength which is generally not good news for alyts

jedisco:
For every major selloff over the last 18 months, Bitc0in has come down to take out the initial low. Still did same at 42k.

Now it's at 40k and market is split... I'm beginning to see confluence across certain majors e.g eith at 3k which gives significance to this level. This makes me believe that if 40k is lost, (aside wicks below), then 30k would very much be in the offing.

Looking at the monthly charts, Bitc0in has ever lost the weekly support except in a bear market where it capitulates below. With the monthly support at abt 38k, this makes me believe Jan and Feb are key for the continuation or break of this macro rally. I'm leaning towards things turn here to form a macro cup and handle pattern. Would sure be on the lookout

Welcome to March... This happens to be the months when many people believe the bitc0in will nuke...

Jan and Feb were indeed key... I believe March would provide a confirmation of a chosen trend...

Still on this.... a scenario I'd like to see is perhaps another dip below 40k, and then a subsequent rally into a strong monthly finish giving a candle similar to that of july last year (arrowed) that resulted in the rally to 69k.... All said, the monthly charts take out much noise.... lets see how March goes

If asked, my top 5 Layer 1 picks woukd be eith, bnb, luna, avax and matic.... They may not give crazy gains cos of their marketcap, but I believe they hace underlying fundamentals that'd should make them return stronger after a dip.

jedisco:
Yeah... I'd agree...

But looking at the monthly chart, I get concerned. It's been 7 months of straight green... Sooner or later, things would stall around a local top and reaccumulation would occur just like early last year. The chain is fantastic and has room to grow. Hopefully 100 USD is not that local top cos I was relatively late to Luna

Wrote loads about luna on this page.... I'm happy its price action has tallied with its potential.... Luna had the dip spoke of, but the bounce so far has been impressive. Also, the increase in the market cap of ust has been parabolic which has provided more fuel for this move.....
P.s, seems an increasing number of people now keep their dry powder in ust cos of the 20% apr...

That aside, Avax looks primed to follow luna..... another good L1....

jedisco:
For every major selloff over the last 18 months, Bitc0in has come down to take out the initial low. Still did same at 42k.

Now it's at 40k and market is split... I'm beginning to see confluence across certain majors e.g eith at 3k which gives significance to this level. This makes me believe that if 40k is lost, (aside wicks below), then 30k would very much be in the offing.

Looking at the monthly charts, Bitc0in has ever lost the weekly support except in a bear market where it capitulates below. With the monthly support at abt 38k, this makes me believe Jan and Feb are key for the continuation or break of this macro rally. I'm leaning towards things turn here to form a macro cup and handle pattern. Would sure be on the lookout

Welcome to March... This happens to be the months when many people believe the bitc0in will nuke...

Jan and Feb were indeed key... I believe March would provide a confirmation of a chosen trend...

Still on this.... a scenario I'd like to see is perhaps another dip below 40k, and then a subsequent rally into a strong monthly finish giving a candle similar to that of july last year (arrowed) that resulted in the rally to 69k.... All said, the monthly charts take out much noise.... lets see how March goes

onoja12:
slowly you are beginning to read, now return back to the allegation and please save me all this western country talk, flights are held for high profile individuals in the west, it is done all the time. like i said people who haven't left there village and live in fantacy land , anywhere is better than Nigeria mentality until they reach then shame would not allow them go home.

The Emir was on his right to make that request not even as an Emir but as a Customer ,oyema has allowed the tonic of power to get to his head and as you know pride goes before a fall, his fall is beginning to look him in the face, i know you are a child but i would help you this is not the first allegation against him.
he was very rude to a prime minister in the Caribbean, that issue has been played down but we all know in this world it is always a question of time before your cup full

Young lout... I'm done responding to you

For those still looking for excuses,

First is the live departure of Dubai International Airport...
Second is the live departure board of a London train station...
Note, these are just departures and not arrivals which are equally busy.

Look at the timing and see that one interruption could cause numerous delays down the line. Now imagine how such a system can work if they start cancelling flights anytime someone coughs

onoja12:
hahahaha, somebody who hasn't left his village calls me unexposed ,i am quite sure i have traveled to more countries than your whole family put together.
Once again i refer you back to item Number (2) read to understand not to respond, small children of this days.

Talking about BA, for the record if BA delays its flight which causes a passenger to miss his connecting flight ,BA would put you up in a hotel and rebook you at no additional cost.

Young man, you lack the capacity to comprehend...

They should ask for compensation on their delayed flight not demand that the next flight be delayed... that is common sense.... They can ask to be put in a hotel if it meets the rules.... Some busy airports have planes/trains scheduled to take off every minute which have been arranged months in advance.

If the Kano flight already had a scheduled return with little time interval, that means a number of flights will be delayed to suit one man. Like I said, the Emirate council will not even whisper that in and developed nation

Imagine if every 'big man' starts requesting same of airlines- you get the broken system we have.
Kudos to Air peace for doing the right thing...

onoja12:
emotional generation, please be referred back to item number( 2 )

Unexposed fellow... read my first paragraph...

If the flight from Gambia is delayed, it does not mean that local flights should be held on.

I cannot imagine local BA flights in the UK being delayed unnecessarily because an international BA flight from Nigeria was delayed

onoja12:
This isn't answering the questions, my people say after listening to both sides one can decipher the truth.

Question

1) Did the Emir Travel on air peace from Gambia to Lagos
2)was his flight from Gambia to Lagos delayed by 70mins
3) if it was delayed why then could the flight from Lagos to Kano not be delayed to meet up with the passenger's that the very same Air peace delayed from Gambia
4) Did the Chairman say that his flight can not be delayed for anybody

That a flight was delayed does not mean that all other flights (connected ir unconnected) should be delayed. This is common sense and norm in any sensible nation

Flights should not be delayed to suit anybody. Those same persons will folow the queue and not even think of demanding such if he was in a western nation. A public official demanding such might even cost him his job.

If you want a sensible nation, there is a price to pay

Also another thing on gold...

It's last bull run was from 2002- 2010. It continued to hold the monthly ema as support all through those years and entered a corrective stage immediately it was lost...

On the second chart, the correction lasted about 10 years before another breakout. It is so far bouncing off this Support which also corresponds to its previous ATH in 2010..

Quite interesting

Tyche:
Got banned anytime I posted this. Wanted to make a call on Pãxɠ/Uṣdt. Bought 1889, now it's 1976. I am convinced it will keep going up as long as this Russian tension and fed hikes is on the cards. Will keep moving my SL till I am stopped out

Good one.... been tracking gold for since those successive bullish monthly candles (arrowed). Current macroeconomic positions favour gold. Plan was to shift profits from crypt0 into interest yielding stables or gold

But then, it's not a quick mover.... it's more of a longer term play or safe haven. I wouldn't be so bothered with a SL on it... If owning a sensible sum, it might be worth holding on an exchange or savings account where you can get interest... if the right market condition presents itself in crypt0 (e.g a capitulation or a bitc0in rally with lagging alyts), then one can sell and buy crypt0 or even take a loan on your gold holdings

DieRich5:
sir, what ur view on $one?

Shared thoughts on one a while back... it's monthly chart looks atrocious against betece.... it's been a while I saw such a nasty monthly candle.... To compare was a similar candle on doge... look at what came afterwards
Fact is with bitc0in below it's weekly support, most alyts will struggle

Another fight on the thread.... Hehe... Maybe market will respond as usual

jclassiq:
So apart from the fact that it's trending downward, what else is there to learn from this pls. This is an honest question. I'm new to TA.

There is also a yellow line there and something happens whenever the price gets to that line... Cue...the arrows...


Ok... Another way is this...
-Each candle represents 1 month of price action.
-The yellow line tacks the average monthly price over the last 21 months...
-For the past 3 years, that line has continued to push prices down i.e resistance
-Youre right, it's been trending downward
-This means xrp has been losing value against eith.. not a surprise
- It's not a straight line down. There are short-lived rallies from time to time...
- Catching such rallies might represent a beeter opportunity to exit an xrp position that is if you don't want to trade into stables

Anyone0455:
Gurus in the hiuse what do you guyz think about xrp
Still doing my FA tho

Xrp/eith monthly chart... what do you see?

DieRich5:
most people trade Altcoins not btc ND since Dem ain't moving

When market settles, alyts will catch up... it's always that way after a significant bitc0in selloff. Bitc0in recovers first. Folks are being cautious in case there's another draw down.

Some have done well e.g Avax... mana is also holding up

Kemistri4:
If you feel your life is shitty ryt now...


just remember some persons bought $PSG and $SLP at $62 and $0.14 respectively

Hehe... People's thinking was that psg will pump whenever Messi plays...

I waited weeks for psg.. bought at 20 and 15 usd... my average being 18..

It's beginning to show some interesting moves... been a while sport tokens pumped

Betece at 44k.... thread is quiet..... people no wan happy.

If bitc0in pumps, wahala.... if it sells off, wahala.... wetin people want

randy01:
If you are longing anything presently.the lord is your strength.bear have been in control of BTC since today candle open.no wick upside at all and if the daily close that way.double top confirmed.

I note an Inverse head and shoulder

Veenbanks:
Special thanks goes to Lalasticlala, Farano, Rocktation NwaAmaikpe, MALIGNANTGuest, Ubunja, TheGidredpiller, Infofirst Illegend and Jedisco. You are the best. Much love!

Same to you bruv... much love

R2bees2:
As an investor, the current market shouldn't worry you too much, what should concern you is whether whatever coins you bought will go up when the bulls are back.

True talk. The very important thing is having the right coyns in your portfolio

NL mods sef. I wonder how this got to the fp...
Seems mods are also pushing the misogynistic narrative