₦airaland Forum

Snitch24:
Life is all about risk bro

sonofElElyon could be right (considering the happenings around)
But later,please dont forget to share/update the experience with him.

Cheers.

Snitch24:
Wow I wish I saw this post earlier
I I lost 1,917$
Plus the money I used in buying the trading bot making a total of $2,030
So sad

I'm so sorry to hear about your loss.
Please try to learn how to trade cryptocurrency, its better than giving your hard-earned money to some misfits.

IMO01:
Dont try it oh luna is dropping to zero right now

Actually,there is nothing like ZERO in cryptocurrency pricing ! I believe what you meant to say was "negative price value" whereby it goes into negative/fractional value( number less than 1)
Luna could drop till infinity and it will still have a negative value. For example, if you have 1 million naira in futures cross mode setting ,and you had bought 1 dollar (Margin) worth of luna using a leverage of 20x to 50x, Your 1 million naira could amount to 1,000 or less if luna could drop farther in fraction of 1.

Such case could be experienced during bear period "especially" to coins/tokens with weak fundamentals/shit coins/MMM coins/PONZI coins.

Cheers.

jideflash:
Except tron.

Trx just broke out a while ago.

Cheers.

ThisisIkemefuna:
what caused that pump?

Bagholder:
I really don't know...been taking lil profit from that coin lately...

A perfect scenario is almost likely of The whales distribution/accumulation in relation to BTC price ; At first, whales are doing nothing which means they are not buying they are just waiting - if they push the sell bottom the whole market will dump - and what are they waiting for?

They are waiting for the green to increase and fomo (FEAR OF MISSING OUT)....they are waiting until the right volumes to sell and take the market down and then buy again much lower ......


Shout out to the Whales -Eja nla (Big Fish)

Cheers.

carik:
Hello guys.
Is rmrk on discount sale or bidding bye to start oil drilling ?

Icecream4U:
going back to where it came from. Bid farewell.

Late last year, I had a new thumb rule -I won't trade any new coins listed on binance.com for the first few months.

Here is why:

2022 would be a lot similar to 2018, after the ICO boom and Crypto boom, many team projects started realizing profits (distribution). Sadly there isn't enough demand to sustain those sell offs and as you know almost all of the projects went down around 90% from their ATH price during that year.
I recommend to you to follow only truly sustainable projects with strong fundamentals and fairly distributed already and do not try to chase profits as it won't be as easy as you think and most probably you will end up with losing your capital slowly.

Cheers.

kintus:
Getting seriously hit by BTCee.

Liquidation right, left ..centre.

Crypto obviously isn't an investment. I've heard this several times from LEGENDS in the business world but I chose to try it out. It hasn't paid off at all.

Smile.....
Well,i dont think so ! Indeed it is an investment (short term/long term) ,I'm a living witness of its gains !! You just need to know your way around it and be PATIENT when it counts.

Also,do have it at the back of your mind you want to make profit "slow and steady" (RISK MANAGEMENT) and not with the mindset of buying a lambo over night -even though something like that is possible but let your mind be at rest -calm.

You also need to have a trading strategy and stick to it -DISCIPLINE !

And always invest in good coins (fundamental projects) and not shitcoins ( "MMM" coins )

Cheers.

If you are trading #Luna; #LUNA broke below the support area around $89 and now it will continue the dip till strong support zone of $76.10 - $79.50. You can buy/long at this area of support with tight stops below the support.
And if you want to short,good luck.

Cheers.

jideflash:
Except tron.

How is it now? (Since you said "Except Tron" )


I believe the price WAS around 0.065 as at the time you wrote "Except tron".

Look,Price is currently breaking out the support line. MACD is still bearish, RSI is sold and EMAs are bearish. Trx may see a retest of the $0.0633 level before moving down again towards the 5h demand zone (0.061 -0.062 price area) where you should be waiting for price's reaction.

BTC Dominance is going up,hence expect an incoming Altcoin correction

$BTC is still in long-term uptrend. However breaking $37K level will break the trend continuation.

Cheers.

jideflash:
Except tron.

Okay.

We have the end of the month and you have to believe me that it is really hard to predict market manipulations during this period. Normal methods don't work. The whales spoil the plans and all the charts. Actually,there were about 2 Bull-trap yesterday.

Additionally, I think the $ 35,000 - $ 37,000 point is very important to Bitcoin's long term trend. There will probably be a fight between bulls and bears here and soon it will be possible to judge what awaits us in the coming months -Continuation of the bull market or rather stagnation with slow declines or a crash.

Why i said $35000 - $37000 is bottom of this potential bullish pattern?
Well... Everyone know how whales love play with TA. So fake breakdown wouldn't surprised me much.
But if we break $35000 then problems may begin.

Please have patience we might see more blood on 1-2 day ..
Keep your usdt save.
Alts are dumping more than btc.

Cheers.

#BTC tested 40300 twice last night,

Met resistance there,

So if #Btc is going to rise, it should close above 40900.

If there will be a decrease, it should close below 37000.

Weekly closing approaching.

Whales buy from certain areas.

Cheers.

Blake755:
Lol boss no be person wey don make am dey hide

Hmmm....
Being security conscious doesn't mean you are "hiding" something,its more of a responsibility you owe yourself.

Everything is not about money (making it or not making it) !
How about a life of peace?
Bad actors everywhere,so ALWAYS be security conscious.
Rich or poor,nobody wants to die (carelessly,out of losing guard or not)

Cheers.

[quote author=Blake755 post=112353721]Lol boss no be person wey don make am dey hide [/quotes]


Hmmm....

IgiveLadiesBj:
Then edit his number in your quote

Thanks for your opinion and insight.

Cheers.

Blake755:
Boss Ion how to dm here is my number ******* on telegram

It's okay, I will add you up.
But you could have sent a DM to me, instead of publicizing your information on a public platform.
Its never a good practice. Relatively, always try to be security conscious in things you do (your everyday activities).

Cheers.

jimmyolasun:
, thanks for the follow back, I actually followed you after coming across some of your posts on a crypto currency thread. Seems I will be joining the crypto exchange world/business soon, God's willing. And I will need some advices as I be newbie.

You are welcome,anytime.

Regards.

Blake755:
Am there too boss abeg drop am

Please send me a DM so that i can send my telegram username to you.

Cheers.

Blake755:
Boss I would loved to have WhatsApp number

Sorry, I am not on whatsapp.
Telegram !

cmoney22222:
I will when I can soon. The is something am trying to test when I finally get it . A bot anyway . I drop it after test running it. We will all make this money .

Okay

Cheers.

cmoney22222:
This week I have lost over 10k dollars, 5m . Am on break like this

You can share your story so that readers on this thread can learn some lessons from your story.
And likewise, you could also learn one or two tips reading comments on your story.

Cheers !

cmoney22222:
Last year April / may i blow up my account of 25k usdt. �. Nevertheless we still trading. I love futures biko

That's the spirit of success and wealth in the making !

Cheers.

Siberia01:
Have been flipping shitcoins for 1 year now
I know what I'm saying
Bro
I'm a shit coin specialist

Well said !
I'm sure you have your bad days when it comes to trading (buy and sell) these shitcoins.
Though there are some coins/tokens with good fundamentals which one be early adopters ,just like early adopters of btc. Being an early adopter of good coins is ALWAYS profitable ! I have series of good experiences (juicy profit) in that regard. For me,i wont like to be an early adopter of a shitcoin. Once i know its a shitcoin with their redflags they do come with,i wont put my money in it.

Most of the developers and founders of all these shitcoins are basically scammers. They are the bad eggs of the CRYPTOSPHERE.

Imagine everybody being cautioned and conscious of persistently avoiding shitcoins,then this CRYPTOSPHERE will be a better place for you and me and for those who are just learning about cryptocurrency, the newbies.

I wont want your narrative to influence newbies in looking out to trade shitcoins and getting used to it,they will get burnt.
Lets leave it for a specialist like you @Siberia01,even though i certainly know you do get burnt sometimes. smile...

Cheers.

cmoney22222:
This week I have lost over 10k dollars, 5m . Am on break like this

How come? What and what coins/tokens did you trade on? And what were your inputs and variables ? While you are on break,as you said,try to think of what and what you did wrong and try to learn one or two lessons from your actions and inactions. Thats how to keep getting better and brilliant as a trader. Never quit !

Cheers !

Siberia01:
It's worth the risk and reward!!

Shit coins can pump

Please be guided, dont get used to trading shit coins (pump and dump) !! And dont let influencers push you around. Always DYOR and always invest the amount you can part away with.

Blake755:
Hello bosses in the house I have been investing my money in shitcoin and I want to ask if it worth it and what are the coins with potential I don't know much about this crypto space I just feel like quitting

Please go through some of my posts of yesterday, I am sure it will be of help to you.
Cheers !

Born2conquer:
Can I send a DM?

I have replied your DM.

Cheers !

randy01:
Especially that mode switch I mentioned.i don't suppose to talk about coz it's VIP and big fund management secret but I which to show him way.that $2k is 1m in our currency.

Hehehehehe.... you went quite deep ! Small small !!! So that you wouldnt confuse us ooooo. Hehehehehe.

Well you are right about the pain of losing money while trading futures, its just part of the process of being a better trader !
In one of the binance accounts i'm managing for friends and family,i am presently in loss of negative 700% ROE and my liquidation is around 21k. If i even need the liquidation price to go lower than 21k,i can !
Just as i mentioned earlier,it was a loss @Born2conquer could have averted.

Cheers bro.

Born2conquer:
Woo, me I will send you a mail chief.

I am not giving up, I gats get my money back

Anytime, @Born2conquer

Neverlosemoney:
Pls, stay away from anything margin trading,................I really hope people come to realization that future trading is a perfect gambling device which should be use mainly for fun and excitement with no intention of making money

I frankly disagree with you. You need to know(Knowledge) what you are doing to venture into futures. You may think you know while you dont.
Futures trading for fun and excitement ? And with no intention to make money? Common !!!

konfusedgee:
Bro futures trading wants you to learn something with this loss, you want to get rich fast, nothing wrong in that, but your skill level is still low, NEVER ENTER A FUTURES TRADE WITHOUT KNOWING EXACTLY HOW MUCH YOU WILL LOOSE AND EXACTLY HOW MUCH YOU WILL GAIN ,. Even if you had shorted Btc you would still be in loss because greed wouldnt allow you take profits only to see the market reverse on you,,,,

Ur a man now in futures, every profitable trader today has at one time blown their accounts, this loss is needed so as to force you into learning the important things about trading

So the question to ask yourself, are you going to give up futures, or are you just getting started

Smile..... True talk,you really said it well.