Jedisco's Posts
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Yoriwears:A number... Centralised exchanges such as binaz if the rates nd terms are good... Decentralised options such as aave for some projects too... I look at a number of things.... For erc20 tokens where the transaction fee is high, I don't move them as much... |
BuisnessThrills:No one can so no need trying... Charts, indicators e.t.c can serve as a guide but no need tryna time the top... and frankly, you don't need to sell the top or buy the bottom to make good money from crypt0.... My focus is on fine-tuning when are generally good times in the market to buy and good times to take profits... I do both in stages |
Haryoureendey4:Seems you're mistaken me with someone else.... Yes shib is a shitc0in no doubt and wouldn't make sense if bought at the start of a bear market. Go read my posts... I remember when folks rushed into doge earlier and I highlighted that it might not pump early as expected as the hype was elsewhere... I accumulated a good chunk of it before it broke out on this rally and have been in it. I targeted a 10x on shib for the duration of this cycle... it's done that already and cycle is still early. In summary, I've traded shib nd made money from it and would still make good money from it... That doesn't mean I don't take profits when I need to |
GabrielYulaw: jedisco: jedisco:Made these posts on the other thread...hope u took profits b4 the selloff... On shitc0ins, I dont trade many I select one or two that work for me and stick to them.... Other coyns I trade have been discussed here... One should be able to eck a 2.4 out of matic soon. Sol at 180 -150 is a good entry too |
jedisco: |
Good to see doge finally show signs... Most of my shib profits went here and I accumulated a huge chunk between 0.2 and 0.25... Most whi missed doge last time rushed into it early and were disappointed when it didn't move.... Looking at the weekly chart, there's good room to the upside... My initial tp would have been 0.32 but with such long consolidation, I'd let it be till at least 0.6 and re-evaluate. The monthly chart (2nd) has left me suspect for a while.... Don't like the arrowed candle it had in may... But these neme coyns do their thing
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Please can we stop promoting suspect features including trading software, they mostly do not work. |
jedisco:As with most things, it's always better to take profits on the way up... One cant time the top of such pumps... But they always end in one way- the majority being offside... As of yesterday/this morn, both here and Twitter... One thing was clear- the top was near..... The hype was off the roof and very few over the past pages though of taking profits... It's easy to forget that this coyn has done 10x in less than a month.... With most rallies, I want to align my thoughts with those who bought the bottom... Not those who jumped in at the top and expecting the moon... I'm bidding the 4hr support hoping for a quick bounce... Hope it holds.. 0.88 might be the local top or not.. but one thing is likely... Shib would go on another run after a period of consolidation- that run will end in same way- folks calling for the moon at the top
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nna777:When splitting my portfolio, I targeted an x10 from shib over this run... Just didn't know it'd come this quick..... I haven't got an x10 yet as I played within the range too much but could still eck it out ... It's rally has had some similarities with doge during the last run.... Doge first move was from 0.0045 to 0.015, consolidated a bit then moved to 0.088, then a longer bit before it rallied to 0.45 and finally to 0.75... Shib hasn't followed same exact pattern but there's been some similarities That's one reason why I took significant portion off at 0.85. Sellers turning up at exactly 0.88 confirms that area to be a level of interest. I'd either ride the rest or get stopped out. For folks who'd ask where the top is, that's for each to decide. I take profits where I see fit..... Irrespective of the top now, it does still have a run left in it sometime in future One thing to remember is that as the market cap increases, multiple upside moves will be harder as it requires much more volume... |
Ibime:Yeah.... Took 25% off at 0.79 and a significant chunk at 0.85..... might close the rest soon and bid the 4hrly or daily support |
Thanks to coindix, very recently got to know that aave has deployed on avax... Had to start making some passive income... Good thing with other chains like avax are that fees are much lower... The rates might not seem like much in a rapidly moving market like crypt0 but I've seen that it's surprising how much one can earn on coyns one would have otherwise held.. Staking also helps prevent one from making kneejerk reactions which usually come back to bite in the long-term...
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Recently, I came across coindix(dot)com and I'm really loving it as far as all things defi goes... Its a one stop for most things defi... One can easily see what lending protocols operate on different smartchains or even search for specific assets... I used to use stakingrewards(dot)com and defillama(dot)com which are still good comparison sites but this has been better....
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Shibs run has been crazy... I'd be taking a huge chunk off at 0.85 |
For now, my focus on coins I hold is split into two 1. To earn passive income on them by by staking some portion 2. To increase the absolute numbers of the coyn I hold... Not so bothered about the dollar value now.... So what I do is target local tops to sell and buy back lower so as to increase my stash... If things go according to plan and we have another rally, in the next 3- 6 months, I'd switch my pattern towards taking profits off rallies/closing my positions and putting them into other things outside Crypt0 or staking stables for rewards... Simply put, that's my trading plan for the next 6 months - 1 year |
Of recent, one has done well while keeping off the news... I like such coyns Been flexing this since 0.1... added at 0.16 and recently at 0.25... One has it's own blockchain which is heading in the right direction. As stated above, I group it among the possible blue chips... The issue with them is that some if you catch the right ones, you go smiling... And it can be difficult to say which will do well as it's not just due to technicals but also how their products pan out... Some of the others I thought will do well e.g ICP have been quite disappointing. I'm almost done selecting coyns I want to hold for the entirety of this run.... My trading pattern now is to find possible inflection points where I can sell and compound my stash in a given coyn. For example with one, I increased my portfolio size by 25% by selling some at 0.15 and buying back at 0.1
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ThisisIkemefuna:I'm still not in yet as I'm looking to cycle some profits from shib into it... 20 isn't a bad buy... 18 would be a nicer one... Two reasons why I'm stalling... 1. I want it to print a green weekly candle first... 2. Bitc0in is currently at the daily support... If this does not hold, it should tumble over to the weekly support which would see a dip market wide... All said, such coyns can move quickly and sometimes, it pumps qhen bitc0in is dipping... In the grand scheme... Its at a good buying level |
Shib with a good bounce of the 4hr support... Now looking to attack 0.45 again.. Me thinks the second leg of this rally is still in play with this selloff accting as a retest of previous breakout on the 4hrly
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Ftt moves with sol... With coyns that move together, I prefer to trade the leader...which in this case os sol... If I'm looking for further exposure or miss the leader, I look for an entry on the other... |
Bitc0in and eith weekly closes give me different vibes... Hence just taking the market by the groove On bitc0in, it had a nasty wick to the upside but still managed to close above 60k... Such wicks into support are 50:50. usually play out in two ways... either a short term pullback if 60k doesn't hold as before... Or the opposite if 60k refuses to budge... I'm being conservative here given that bitc0in has rallied from 40k to 60 in abt a month... On a pullback, I'd target the daily and weekly supports currently at 59 and 50k respectively Eith gives a clearer picture as I stated above... The cup and handle has completed with a confirmed breakout above 4k... A retest is a good buy spot...
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Sailor1: |
Icecream4U:I usually wouldn't comment on how folks split their portfolio.... But to me, this is one of the more sensible splits I've seen in a while... certainly from someone new... Certain things I'd note 1. Doge nd shib fall into meme coyns. No harm getting both but I'd see them as one part of my portfolio... Shib has a lower market cap, less bag holders and could rally more. Doge may not give as much gains as last time but is yet to move... It's been stuck between 0.2 and 0.25 for something which to me is a sensible place to buy and target a 2-3x at least. 2. Ftm just like dot, one, sol and some others fall into a group of coins that have their own ecosystem. They could easily be the blue chips of this run. 3. Both shib and ftm have been on a recent uptick.. you might want to consider that when making a purchase 4. Bnb- exchange token which also has a vibrant ecosystem it backs... Bnb is like a hybrid between a regular exchange token like cro and and smartchain token like ftm... Bnb has a whole ecosystem built on it... On a rally, exchanges will usually pump their token... Good choice 5. Betece and eith.... There might be a pullback on these but in the grand scheme, current prices are not bad... 6. Might be worth having a space for one other major...like ada, xrp or maybe dot. To me, Ada is the most proven and usually alternates its rallies with eith... An alternative option would be to hold bitc0in for the time being abd swap into one of them after bitc0in has gone on a rally...say in the next 2-3 months... Finally, it's always worth buying in bits...called cost averaging usually over a while when going into a market... That works well in accumulation phases. In current conditions, the market looks to have chosen its direction and it's more about getting the right spots.... To me, bitc0in might give one more dip (perhaps over the next 2-4weeks) before exiting this range. If that happens, current prices would look cheap in coming months. |
A mistake of a governor |
On coins I'm looking at, Im mostly in position already and buying on a day when betece is at ATH is usually not the best but from what I hold, these are the macro moves I'm looking at happening soon 1. Eith... On the weekly, it's breaking out of a massive cup and handle pattern whose neckline is at 4k... A weekly close abv 4k confims the breakout... A retest would be a gift 2. Sol... Looking at number 4 above, it looks ready to be go on its second rally.... This should at least make it see 300 3. Doge... The hype around it has died down... Me thinks its getting ready for a move... 4. Dot.... Looks to have been consolidating for weeks... Heard theres some upcoming event for it... Me thinks its ready for price discovery... 5. One.... Has looked good for a while. Generally, I'd say the digns were there for a while... For macro traders, a large section of ones portfolio should have been allocated by now |
plat0:Do let us know if she does make some headway... Another thing as was mentioned is that she could lay her complaint on their social media handle.. not ideal, but that forces most companies to save face and act |
plat0:Hmm... This leaves me scratching my head... Thru what means if I may ask? Are you sure someone didn't snoop her login details and make a transfer? She should raise a complaint with the consumer protection department of CBN.... They'd be forced to act. |
davit:Scanned thru the review section on Google play and yes there are a number of complaints.... This is something they should improve on if they want to stand the test of time... You could give your feedback on the app store.... |
plat0:That's a aad one... How did he lose 400k? Thats my issue with most mobile banks... For the most part they're straightforward but when you have issues, it could take sometime to get help... They should optimise their customer care or eorse still, introduce a subscription service where folks can get same day response when needed. |
davit:Thats odd... That's where most of them struggle at... As they don't have regular staff, they should stock up on customer care agents.... Did u have a bad experience? |
P.S.... the coyn I was expecting a 10x from was shib.... Its already given me a 3-4x |
Bitc0ins macro rally..... 11 lessons learnt so far...and 5 bonus points What we've learned so far.... 1. Since bitc0in exited 20k, when there's a flash selloff, the coin usually goes to retest the bounce area and dips below... Remember 40k to 30k selloff same with 60k to 43k (2x), 50k to 30k and lastly 53k to 42k... 2. Litec0in... When this laggard pumps, take profits... enough said... For this reason, I still own 3 ltc... So that whenever I sell any after a pump, I take profits across board... Still looking out for another accurate marker. 3. It's human nature to take profits around whole numbers mostly following the usual crypto moves.... During such stages of a bull run, after proper consolidation, a coin that breaksout from 4 will likely hit 15-20... A breakout 20 will likely distribute at 50- 60... After 60, next is 100, 120, 150, 180 -200... These patterns are obvious across board.. Bonus- Always be aware of fakeouts above such levels only to nuke back in 4... This is a tricky one but some coyns have it in them to do a 4-5x after a breakout... This is obviously very dependent on the market cap and where the initial breakout was from... So don't expect a final aspect of a pump to do 5x.. Examples of this is obvious... Ada went from 0.3 to 1.5... Doge did a 5x two times the last rally, Bnb did a 5x from 50 to 300... Dot, uni, sushi all did same in a single run... Usually such huge moves are easily followed by a 1.5-2x in the coming weeks.. Take a look again at such coins. It's tricky catching some of these... But when you catch them and take profits properly e.g sol of recent, they can make your bullrun. There's a meme coyn I'm targeting for a potential 10x if an alyt season ensues... Still early days... 5. Cash is king... Irrespective of the rally, you can expect a bitc0in selloff monthly. Maximum interval of 2 months... usually in the pattern described above.. One often overlooked way of boosting ones portfolio is by catching selloffs... Trending coyns would usually bounce off their daily or weekly ema... I'd generally have bids resting around this area at the early stages... 6. Exchange tokens.... Exchanges have a way of pumping their coyns.....e.g FTT, BNB, CRO... Likely, this is to attract new folks.... When I allocate my portfolio, I always have one or two at base layer... 7.. After a big win (or loss), take a break.... Many oldies have experienced this... You hit big, get over confident and lose a good chunk to the market... How I do it is simple.... After a big hit on a random alyt, I lock in profits either by converting some into bitc0in or mostly into stables and lock-stake them even if its for 2 weeks until the hype has relaxed. 8... Betece and eith rule this market... No need fighting, use it to your benefit... In most alyt seasons, eith shows the start and end of the rally.... Usually, market movers start in bitc0in... After it's rallied a while, they take profits heavily into eith causing a rally too.... After this, alyt season begins and profits cycle thru coins while eith mainly stalls.... These alyt profits are finally deposited into eith which now goes on its final rally before the whole market nukes..... I'm not saying to wait for eith to rally before taking profits, but whenever it happens, I'd be asking myself questions.... That said, on this, things might pan out different. Bonus point: when eith goes on a sustained rally, it usually holds and bounces off the 4hr ema until it tops out and looses it..... I use this area to compound if needed. 9. The market is ALWAYS wrong at the extremes... No matter how many times it happens, the crowd will ALWAYS be bullish at the top and bearish at the bottom... Nuff siad 10... A streamlined and planned portfolio will always outperform a random portfolio... I've written on this before.... Plan early and allocate your portfolio sensibly... Dont use money for eith to buy shib .... 11... Dont get attached to any alyt... It's only bitc0in and eith I might consider that for... In an alyt season, all coins will pop...but some will pop much better than others... Use one or two majors as your benchmark... If a coyn is not holding important levels, cut it early... This is obviously different from jumping from top to top... First bonus.... Don't sleep on charts, you're much more likely to make mistakes and buy the top when you do that.... Outline macro levels, set alerts, take a breather and enjoy crypt0... Second bonus... A second rally is usually stepper and quicker.... It's usually over before most expect...If another rally ensues, my aim would be to have 85% of my portfolio out before the top..... Plan for it early cos as April showed us, if you're caught offside at the top of a bullrun, u no go like am...... don't go blaming China Third bonus... Bitc0ins last macro bull run was from about 1.5k breakout to 20k.... This rally is likely to give lower absolute returns as it'd take considerably more to move the market. Always remember the breakout point was 20 and that humans will always take profits around certain numbers. Fourth bonus... Most people would invariably end up holding a coyn for more that 3 months... If you're not earning passive profits by staking your coyn, you're missing the next big thing in crypt0. Staking also prevents one from making irrational decisions in the heat of the moment... A good chunk of my long hold coyns for this rally have been staked already. 5th and most important one... Nothing goes up forever... Outline early where and when to take profits and lock them in... Look at the big picture so you don't take profits too early but also don't be the 'long-term' investor that only turn up when the market is at the top... It's difficult to time when any market would top but hopefully by February '22, I'd be well locked into profits.... One thing the crypt0 market is good at is wiping off profits that have not been taken off |
I said I was going to share lessons learnt so far more so from the last rally when the coin break ATH.... I composed this a while ago to share when the coyn breaks ATH Here it is... |
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