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Kingsteve's Posts

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InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 8:41am On Jul 06, 2022
Omobola121:
Don't take back seat Baba. I'm learning from you codely.

@XaToXi...i appreciate your help the other day. Slowly practicing what you taught me.
I dey!
cool
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 8:37am On Jul 06, 2022
Tsfari:
Nobody has anything against you man...but the fact that you enter a trade at 0.001, and sell at 0.00102 and make mouth about it like you are the best trader is at the very best mediocre. I understand there are no jobs in the country, so instead being idle, you think you are doing what you can..it's all good; but your it's your act of chest beating on top this peanut trading that gets some individuals concerned. It's not even futures SMH.


You will get tired though
Don't get it twisted!
Some people on here doubted the possibility of making over 1.5% in a day consecutively in this bear market, so I had to show them it was very possible.
Far from chest beating, even though I'm proud of my work.

So you think futures is better than spot probably because of the leverage?

That same leverage has been the downfall of many futures traders.
It's like a double-edged sword!
It's nothing to be boastful about.

Besides, I see futures as gambling...my personal opinion!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m):
Linadinna:
Another move this morning. Woke up and looked at the chart and saw that btc had found support at 19,761 then entered into solana. Let's see if it can break yesterday's resistance at 20,750.
Nice one, I think very soon you'll be dropping analysis, and I'll take a back seat, and watch in admiration how you've stepped up.
Keep it up!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 11:49pm On Jul 05, 2022
Anyway, in a nutshell, so far I've been able to prove that 1.5% or more can be made in a day.

Secondly: we can all swim alongside with the whales, and all these depend on good entry, which can't be over emphasised in trading.

On a different note: the major reason I don't do futures is because my trading strategy focuses more on the elimination and management of risks for more profitability and consistency.

With spot trading, I know I'm dealing with the actual price of any token.
No liquidations to worry about.
This is my personal opinion!

Happy trading!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 11:20pm On Jul 05, 2022
cherryCola:
kingsteve doesn't really give a fvck about your dumb ass undecided .

Ask ballzproblemm.
grin
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 10:55pm On Jul 05, 2022
Kingsteve:
Update: so it seems there's lots of profit taking and shorting, because BTC hit a resistance at $20,478

This also affected shiba, and prices started falling.
Because of this, I finally closed my position at a profit of 4.84%
Yes, I sacrificed some portion of my profit to see if BTC will defend a higher support and continue with its ascension, but it didn't work out that way.

So my next move will be to allow BTC settle again at whatever support and look to open another long position.
No long talk!
Opened a new Shiba position at 0.00001011 and sold at 0.00001036, that is...extra 2.35%, after BTC retraced from $20,478 and settled at $19,304

Add this 2.35% to my previous profit of 4.84%, it adds up to 7.19% profits for the day.









Who says you can't swim with the whales during a pump and dump?
grin
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 10:40pm On Jul 05, 2022
Linadinna:
Closed position on atom sharply as btc refused to go pass the new resistance 20,750. Indeed btc controls this market, just as soon as I exited due to the btc signal everything started falling again.
You got it!
Well done!
Keep it up!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 9:12pm On Jul 05, 2022
Omobola121:
I'm struggling to be convinced with this your explanation because looking at it technically, you are 100% correct but then why does this pump and dump happen specifically on the days choosen by this whales?

For days, btc has been playing around 18,800-19500 or so moving up slowly and going down in the same manner...

I remember vividly infact I screenshot some of those posts where those Binance waves guys said their whales will pump market this week.

Like you said, I'm not disputing the wonder of TA for normal traders but then when whales take decision, market movememt differs.

Between, I like your consistency on chart analysis. Weldon
When the whales add more astronomical volume, it will surely affect the movement of BTC price at any given time.
That's a fact!
Never in doubt.

But my point is, they need to open these positions when prices are very close to support during range trading.

They basically take advantage of price fluctuations to pump the market.





They consult the charts!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 8:40pm On Jul 05, 2022
Linadinna:
Thanks bro. Watched some videos coupled with what you said earlier, learnt how to find support and resistance on the btc chart. Caught atom a bit above support and riding. Slow and steady I'm understanding this game. Thanks to each and everyone contributing in one way or the other to this thread, we learn everyday.
That's it!
Apply caution!
cool
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 8:29pm On Jul 05, 2022
Tsfari:
I really can't explain why I don't ever read your post... I just scroll and pass;...and something tells me there are alot of people like me here
Do you have an open mind?
Willing to unlearn and relearn?
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 8:25pm On Jul 05, 2022
leobergy:
Pls which app do u use for TA on mobile?
Tabtrader
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 7:59pm On Jul 05, 2022
Those of you lamenting about how the whales control the markets, have you ever thought about the possibility of being part of those whales even with your small funds?

I'll explain...
Whales only pump a token when the prices are close to support level, in other terms, when a token is oversold.

Today for instance, BTC hit a brick wall at $20,478 and got dumped at $19,304

Now, look at what is happening again...they've bought the oversold BTC and pumping it once again.
This time around, don't be surprised it may surpass the $20,478 resistance and hit the next resistance at $20,906 before getting dumped again, to buy back later.

Conclusion: The so-called whales that control the markets know the importance of resistance and support.

Know this and know peace!
TA is everything, don't be confused!

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 2:45pm On Jul 05, 2022
Linadinna:
I wish I know how to. I've watched this played out for four weeks now. Coins they trade most are Gmt, matic, solana, atom. Can you please share a video or insight on how to spot btc support and know when to enter a coin. I know when to exit, it's just when to enter.
Entry remains one of the biggest challenges in a bear market.
I have no videos to share, but I'd explain this time with BTC chart.

Notice those horizontal lines drawn at the end of each wick connecting other daily lows.
Those are your support.

Now, another challenge is identifying the support that would hold.
To do is, pay attention to your lower timeframes starting with 5mins.

When you begin to see lots of buying pressure which gradually spills into the higher timeframes from 10mins and above, then you may potentially have spotted a good support.

But then again, this is no guarantee, as prices could eventually turn around, turning mini green candles into reds.

Bear market isn't easy to profit from, but small profits can be made if you time your entry well.

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 2:29pm On Jul 05, 2022
Linadinna:
There are people manipulating this market, they go long and exit with profits then short the market. I'll see red everywhere for hours, then all of a sudden green, then in a matter of hours red again. Yesterday morning coins were down. Matic was about 0.45 and Gmt 0.79, all coins and btc were down, waking up early hours of this morning matic had ran up to 0.53 and gmt 0.98 other coins went up including Atom but some not that much. Now they're going down again then in a matter of hours they'll go up. Tell me why I will not feel there are people manipulating the market. I feel they plan when to enter and exit then short, then close short, and wait to long then exit.
They're just buying low and selling high.
It's on repeat!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 12:42pm On Jul 05, 2022
R2bees2:
y'all fell for this bull trap.. LTF looks shiity at the moment. Be cautious with your longs
Going long in bear markets is always a risky venture, that's why it's imperative to exit as quick as possible!
Grab what you can and take off, especially at various resistance levels.
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 9:32am On Jul 05, 2022
Update: so it seems there's lots of profit taking and shorting, because BTC hit a resistance at $20,478

This also affected shiba, and prices started falling.
Because of this, I finally closed my position at a profit of 4.84%
Yes, I sacrificed some portion of my profit to see if BTC will defend a higher support and continue with its ascension, but it didn't work out that way.

So my next move will be to allow BTC settle again at whatever support and look to open another long position.

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 9:15am On Jul 05, 2022
Bmaster:
bro,
Your lifestyle go be somehow introverted oo.
Imagine having a neighbor whose life is spent daily on laptop screen,monitoring the ups and down movt of crypto,
Damnnn!
It's boring man!
Lol
Yes!
I'm an introvert!
And yes!
Day trading is a full time job!
Good observation!
cool
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 8:18am On Jul 05, 2022
Kingsteve:
Just as expected, BTC gathering momentum and finally touched $20,143.02 as the day's high.

Looking at the chart below, if BTC can flip the former resistance of $19,865 or slightly lower at $19,653 or even $19,496 into a support, then expect BTC to keep gaining more momentum.

What this means for my shiba hodling, is that I am currently in profits of 4%
But still...I'm not closing that position just yet, as long as BTC keeps gaining more grounds from the bears.

Who said 1.5% daily profit is an impossibility?
Well...let my workings and analysis do the talking!
BTC current price is at $20,379 as at writing.
A previous resistance of $20,146 has been temporarily flipped to a support, which will give BTC another ladder for its ascension.

If that support fails to hold because of shorting and few traders taking profit, then the next available support is at $19,865 which isn't still bad for BTC to sustain this relief rally.

If this relief rally continues, expect BTC to be chasing a strong resistance at $20,906

Back to my Shiba hodling....
Currently on 7.57% profits after 5 days of hodling.
So assuming I decide to close this position at 7.57%, it basically means I've averaged profits of 1.51% daily for the past 5 days (7.57%/5=1.51%)

Still...I'm hodling Shiba as long as BTC still shows signs of a mini recovery, and will exit when BTC hits any major resistance and begins a pullback.

I am willing to sacrifice a portion of my profits just to make sure I don't miss out if BTC should moon to previous intraday highs.

Again...this is the advantage of catching prices close to support levels.
You can rest easy, and watch how things unfold, and eliminate the urge to sell quickly, knowing fully well that come what may, you're still good!

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m):
Kingsteve:
Greetings!
So, this is my 4th day of hodling shiba, and with the current price of shiba at 0.00001010 as at when writing this, again...I've hit profits of 1.91% after I predicted that BTC will touch the resistance at $19,653 or thereabouts before a pullback to support area of $18k

What this means is that yet again, I've proved that 1.5% can be achieved at least 4 out of 7days of trading.

Now, some may ask why am I not taking profits and opening new positions?
The reason for this is because, I am not trading with huge volume, and secondly, I see the potential of more profits if I should hodl a little bit longer.

The price at which I opened a long position is too good to be wasted.
What I'm implying is that, if I close this position at the current profit of 1.91%, I am not sure I will catch that low price around support again.

So what I'm basically doing is riding my luck and hoping for a relief rally, no matter how short the duration.
A week's relief rally on BTC will give me more profits.

Please note: the only reason I'm riding my luck is because the selling pressure seems to be losing momentum, and suport forming around 18-19k

For those of you who are more daring and have an open mind, and willing to broaden your trading skills, this is the easiest way to be consistent with profits of 1.5% in a bear market, if you're trading with huge volumes.

Impossible is nothing!
cool
Just as expected, BTC gathering momentum and finally touched $20,143.02 as the day's high.

Looking at the chart below, if BTC can flip the former resistance of $19,865 or slightly lower at $19,653 or even $19,496 into a support, then expect BTC to keep gaining more momentum.

What this means for my shiba hodling, is that I am currently in profits of 4%
But still...I'm not closing that position just yet, as long as BTC keeps gaining more grounds from the bears.

Who said 1.5% daily profit is an impossibility?
Well...let my workings and analysis do the talking!

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m):
XaToXi:
Well done.

This here, is the reason why some people trade futures. It enables you use more money so that you can close deals faster even with minimal moves and re-enter trades more often.

The 18k to 21k range covers a 14% to 17% deviation and can be safely traded at 5x max leverage without liquidation.

This weekend, there was a scam wick to 18780 and a pump to 19465. That's less than 5% move in a day so at 20x max leverage, you wouldn't have been liquidated.

Someone like you that knows when to enter, where to exit and point of invalidation to put your stop loss at, can't be liquidated if you use risk management too.

You can DCA/ladder your entries 30/30/40 or 20/20/30/30 at those support levels and ladder the TPs at each resistance level as well. This is for those who say if it reaches 19k, it will get to 19k5 without understanding that those figures/levels have purpose.

If you are using hedge mode at 10x leverage, your effective leverage will range from 0 to 5x depending on the weight you have on the winning side, 5x to 10x depending on the weight you have on the losing side, and 10x only when you have only one side open.

That way, you can ladder your shorts based on the daily btc resistance levels and ladder your longs based on the support levels and then TP manually.

Those who'd rather automate the process can just use spot or futures strategy/grid trading.
Nice!
My brother ehhh...I hear you ooo!
Let's just say I'm scared of trading futures for now.
I am more in my comfort zone when I trade spot.
I understood everything in regards to making more money, with the small percentage in profits.

Maybe in time, I might explore futures, but for now, I feel more comfortable trading spots.

Nice contribution from you so far.
Let those who trade futures take a cue from your analysis and strategy.
It will help!

Again, in regards to automated trading, I prefer to do it manually.
With automated trading, there are chances one might mids out on the big moves, simply because of the lower profit targets in the settings.

But with manual trading, I follow BTC's every move, and when there seems to be a pullback, I can then take my profits from my long positions.

You know what you're doing!
Kudos and more winnings in the bag for you.
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m):
Kingsteve:
BTC trying to power up with lots of accumulation at those support levels.

I expect Shiba and other altcoins to do same.
Still...hodling on for more profits in Shiba.

The advantage I have opening a long position at that supprt level, is because if BTC finds some kind of momentum that can take price back up to $20k, expect the likes of shiba and Doge to lock in better profits, as they are usually more volatile.


We die at that support level!

MODIFIED: At the current price of shiba, I'm already in profits of 1.7%, that is, above my daily 1.5% target for the third day running!
But like I said before, if only I was trading with huge volume, I would have been closing these positions and opening for the past 3 days, and locking in above the 1.5% daily targets.

Makes sense now?
grin
Greetings!
So, this is my 4th day of hodling shiba, and with the current price of shiba at 0.00001010 as at when writing this, again...I've hit profits of 1.91% after I predicted that BTC will touch the resistance at $19,653 or thereabouts before a pullback to support area of $18k

What this means is that yet again, I've proved that 1.5% can be achieved at least 4 out of 7days of trading.

Now, some may ask why am I not taking profits and opening new positions?
The reason for this is because, I am not trading with huge volume, and secondly, I see the potential of more profits if I should hodl a little bit longer.

The price at which I opened a long position is too good to be wasted.
What I'm implying is that, if I close this position at the current profit of 1.91%, I am not sure I will catch that low price around support again.

So what I'm basically doing is riding my luck and hoping for a relief rally, no matter how short the duration.
A week's relief rally on BTC will give me more profits.

Please note: the only reason I'm riding my luck is because the selling pressure seems to be losing momentum, and suport forming around 18-19k

For those of you who are more daring and have an open mind, and willing to broaden your trading skills, this is the easiest way to be consistent with profits of 1.5% in a bear market, if you're trading with huge volumes.

Impossible is nothing!
cool

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 12:38am On Jul 04, 2022
cmoney22222:
Kingsteve thanks for your daily analysis. Let try to appreciate king biko. Blessings on you and other analysts.
Thank you!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 9:53pm On Jul 03, 2022
gamaliel9:
Damn! I will keep dcaing till bitcoin hits 3k, $50 this week, $200 next week, $100..this money i am putting is extra that i do not need. I have an emergency fund, so do not follow my strategy. This is a life time opportunity to upgrade hugely cool cool
Dollar-cost averaging!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m):
Kingsteve:
So it seems BTC has found a support at $18,975 or lower, and this is the first time we're seeing a daily green candle.
The closest resistance is at $19,653.62, followed by an upper resistance at $19,898.00

Because of this fact, I will still leave my open position at shiba running, until BTC hits one of those resistance and probably pulls back!

Once that happens, I also will be taking my profits from shiba, which will likely be above my target of 1.5%

Note: I would have closed this position yesterday if i was trading with huge capital, and also opened another position today, and be in profits too.
BTC trying to power up with lots of accumulation at those support levels.

I expect Shiba and other altcoins to do same.
Still...hodling on for more profits in Shiba.

The advantage I have opening a long position at that supprt level, is because if BTC finds some kind of momentum that can take price back up to $20k, expect the likes of shiba and Doge to lock in better profits, as they are usually more volatile.


We die at that support level!

MODIFIED: At the current price of shiba, I'm already in profits of 1.7%, that is, above my daily 1.5% target for the third day running!
But like I said before, if only I was trading with huge volume, I would have been closing these positions and opening for the past 3 days, and locking in above the 1.5% daily targets.

Makes sense now?
grin

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 4:28pm On Jul 03, 2022
solreb:
It is a combination of limit orders (several of them will be opened by the system automatically within the lower and upper prices you set). See the screenshots of FLM I setup 3 days ago with 250 USDT at x20 cross on Futures. I picked Neutral it trades in either direction. At the setup you can start with the market order for the first trade (or a limit order) after which the system will continue to buy and sell within the price limits. You can see that I have made $70 (28%) on the $250 in the last 3 days it has been running. If I see an unusual movement in FLM that will hurt my trade I can end it immediately. I expect FLM to be range trading with no serious up or down movement. Then I will be good
Insightful!
Maybe I'll give it a try someday, but for some reason, I have an averse for futures trading.

I started trading on indices back in the day (E-trade spread betting), and the experience wasn't so lovely.

For peace of mind, I prefer spot trading, and that's why I dug deep to learn how to trade on my own without any automated assistance.

Thank you very much I appreciate.
I'm sure those into futures trading can learn a few things from your positive contribution.

Cheers!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 4:54pm On Jul 02, 2022
solreb:
If you like consistent small profits either way the market goes, try the Strategy Trading in Binance. Once you set your lower and upper prices, and no if trades (no of grids), the Bot will automatically buy and sell for you. It is available for both Spot and Futures trades.
I believe it's the same as limit buy and sell order.

You set the price at which you intend to buy and sell, once price hits those spots, it automatically gets filled.

The challenge with using limit buy orders is that sometimes it won't reach the designated price level, then prices start going up again.

Thanks for the positive contribution.
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 3:52pm On Jul 02, 2022
Khayceeofficial:
I'm telling you bruh to do what's matured. I don't care bout others otherwise, I'll quote them

This is a faceless forum and you're riled up by the talks of people you don't even Know what they look like?

This thread is becoming a shadow of what it used to be and it ain't good TBH...
I've been blessed by this space and it's annoying it's turning into what it is

Be matured and begin to ignore.
No be every mention you go reply

If it pisses you off and they call u put wrongly, report them comments
I hear you!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 3:46pm On Jul 02, 2022
Khayceeofficial:
TBH, you gots grow up
If you go about replying everything anyone says to you in life,

Then you still have to man up

Your talks don't sound intellectual but reeks of someone trying so hard to impose yourself on others

Don't turn this thread to a place of no value cos gradually you're initiating that.

If na one or two persons dhe get quata with you, nobody for reason you anything but
If everyone comes at you, check yourself man

I've heard more insults on here I two weeks than the greens I don see for crypto in almost 2 years now
Can you give this same advice to those starting the conflict?
Or is it a case of double standards?
Can you?
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 3:33pm On Jul 02, 2022
Khayceeofficial:
Can we all just report this guy?

This thread ain't about one dumb mofo

Ibime spends almost all of his time lately on the football threads and I can imagine what it would feel like when he opens this thread for the past 2 weeks

Jedisco has been gone from on here a while now

These folks genuinely helped out a lot of newbie folks here like me with their calls and they never charged a dime like you do...

Kingsteve market your product or knowledge but don't go about destroying this thread. These days, unlike before, I don't look forward to checking out updates here cos it's always you n someone else throwing tantrums and gibberish talks

This ain't funny man
So it will be fair if I keep mute, when they accuse me and call me all sorts of names just for sharing my trading experience?
But when I retaliate it isn't fair, right?

If anyone doesn't agree with my posts or whatever, challenge me intellectually, but not throwing shades at me and calling me different names because you have a different view from mine.

Maybe you should address those starting the conflict, because I can guarantee you that I will respond to any I'd!ot who trys to insult me directly or indirectly.

I'm not your problem...know this and know peace!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 3:24pm On Jul 02, 2022
XaToXi:
Your 1.5% daily claims are not far fetched at all. They are even moderate because if you trade futures as well you will be able to double your earnings by trading in both directions.

Seems the reason you are blurring the images is because you trade with low capital, which is understandable in this current market situation, but some people find it easier to see that you bought for $10 and sold for $10.15 than that you entered at 0.009 and exited at 0.009135

Are you using binance? Mine doesn't look like yours. That cart on the upper right corner for instance.

If it's not too much to ask, you can enable Positions to show your PNL on current trade and Order History to show past trades for those still doubting.

From chart settings.
I use Binance, but I use a 3rd party app for my trades.
The chart on the Binance app isn't informative enough, that's why I connected TabTrader app to my Biance account via API permissions and settings.

Anybody that isn't satisfied with what I've shared so far should just feel free to ignore my posts.

Like I keep saying, I am not here to convince anyone to believe in my strategy or patronize me (how much them wan give me. Lol), but I'm here to share my wealth of experience and knowledge in trading with like-minded traders.

That's all!
InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m):
So it seems BTC has found a support at $18,975 or lower, and this is the first time we're seeing a daily green candle.
The closest resistance is at $19,653.62, followed by an upper resistance at $19,898.00

Because of this fact, I will still leave my open position at shiba running, until BTC hits one of those resistance and probably pulls back!

Once that happens, I also will be taking my profits from shiba, which will likely be above my target of 1.5%

Note: I would have closed this position yesterday if i was trading with huge capital, and also opened another position today, and be in profits too.

InvestmentRe: Crypto Currency Investors Thread by Kingsteve(m): 1:41pm On Jul 02, 2022
crazymommy:
Hahaha Mr Man no one is calculating shit..stop deceiving yourself......not everyone can be deceived successfully..you are not making any consistent 1.5% profits daily....stop lying to yourself....

Throw the rubbish screenshots inside the garbage...and look for another job instead of looking for the gullible ones to devour.. ire ooo
I hope you're done?
You still have something else to say?

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