₦airaland Forum

Khayceeofficial:
Okay bruh, thanks... I bridged using ETH to arbitrum and the gas was like $5

Seems gas's low currently

Which bridge did you use?

Khayceeofficial:
Hi bruh,
Bout this... Is there a way to somehow bypass the ETH gas fees while trying to bridge?

Bridge from Optimism or polygon

Partake in the Arbitrum Odyssey that starts tomorrow.

.

Hannover:
Keep Dreaming!!! Study the charts so you know what really going on instead of being emotional. This bear run is gonna be on for a long while(through 2022). So gear up for the tough BTC winter!!

Everything starts as a dream bruv.

The day you stop dreaming you start dying.

All this money I made in this past bull market were once a dream. Now they are reality in my bank account.

We won’t stop dreaming!

We are dreamers!!!

Over the past few days I have been analyzing what i did right and what I did wrong in this last bull market. I have also looked at things I didn’t do.

The last cycle I made some money and lost it all in the bear market. This time I made money and I kept it. This bear market has taken nothing from me.

The next bull market I’m going to make at least a million dollar. With the experience I have had in the past 2 cycles, it would be very very easy to pull off.

I hope you are still here then.

Tolu181:
you just dey turn to prophet of doom small small

Why do you want btc to fall to 18k mehn....be optimistic

Call me prophet OpenHeaven.

Make I go open church

Kingsteve:
If you don't mind me asking, what was your yardstick for predicting the18k decline?

It was in the charts. The charts were screaming 18k!

Zabiboy:
I'm not one to keep tracks of people and their predictions or charts or whatever, but one common thing people do here is, when their prediction is right, they go back to quote it but when they are wrong, they keep mute...

Anyways, my main reason for quoting you is to say this " WITH THE WAY CRYPTO IS NOW, NOTHING, ABSOLUTELY NOTHING (PROLLY EXCEPT A GLOBAL PANDEMIC/WAR) CAN TAKE BTC BACK TO 18K"
there would be pullbacks, corrections, etc... But 18K, nah
I'll be so glad if i'm wrong cz i go load up

Lol

OpenHeaven2019:
As I much I hate to say this.

This is playing out.

I’m still holding my stables to buy 18k capitulation when it comes.

And I can assure you if my postulation is not invalidated (new ATH created), it will happen, maybe 1 month, 2 months but surely it would come.

Today is for I told you so.

OpenHeaven2019:
Btc still struggling with the 55k resistance.

My position has remained the same. As beautiful as this rally is, it still resembles the past cycle of 2013 and 2017 and I have said this over and over again until we create a new ATH that is take out 65k, I expect Btc to eventually capitulate to 18k of-course not immediately but if this rally doesn’t create a new ATH - 18k will come.

I hope I’m wrong but this is what the chart shows.

Give me my flowers.

I called this crash.

I was shouting for months take profits.

When everyone was seeing a new ATH I was seeing 18k.

Give me my flowers

Miracle112:
You this guy abi girl sef. Your analysis no d work for me at all .
I’d say you are good at picking some kind coins but see, no d predict crypto crash. E no go work. That’s how you predicted BTC to crash back to 18k from 50k. Some people here might have sold their crypto and wait for the crash which never happened and will never happen.
Holders b making it big since the discovery of crypto.

18k will never happen yen yen yen

Mazinewmoney:
OpenHeaven2019 is my Daddy. He has taught me more than I ever imagined learning this year. I can never ignore your advice and post sir . Please BTC come down to 18k me and OpenHeaven want to check something

Mazi 18k don come oo

See me that was saying I’ll buy BTC at 20k. 20k don come I nor fit buy.

But also I remember people insulting me when said BTC will hit 20k, talmbout how it’s impossible.

Those people now are calling for 15k

Crypto nor be your mate!

I don’t have time to make a long ass writeup but hear me clearly. If 3AC gets liquidated and collapses, bitcoin would be below 10k.

If you have an idea what is going with Crypto you would be very afraid.

Celsius is big but 3AC is one of the largest VCs in crypto, if they go down the market will take a heavy beating.

The last crash, retain suffered but this crash is been lead by VCs who are normally Immune. From LFG (Luna) to Celsius now 3AC.

Stay away from the market!

seankafor:
If they liquidate Celsius..

Tether will be next and it will be probably be the end of crypto

I personally don’t think they will not be able to liquidate Celsius.

Celsius has paused withdrawal. This gives them enough funds to defend their positions. They can keep posting BTC till their liquidation price is below 10k and off course you know it’s unprofitable to push BTC to 10k.

Celsius will not be liquidated.

With this whole Celsius mess. BTC is in a bad place. Lemme explain.


Celsius is insolvent. They have a margin loan with BTC as collateral. As the value of BTC drops, they have to either post more collateral, repay their loan (they don’t have the money), or the lender will sell their BTC to fully repay the loan. Their liquidation price point is public, like $17k or whatever, so if you’re a big trader and short Bitcoin (borrow BTC and sell it) to drive the price down closer to that liquidation point you can start to force their hand and drive the price lower. No one wants to step in to buy BTC with this sword of Damocles just waiting to dump BTC on the market. So if they just liquidate Celsius then that fear is gone and maybe people step in to buy.

Will Celsius survive or BTC keeps getting shorted till Celsius is liquidated?

being long time I did a long write up, lemme do one with below heading.

WE ARE JUST GETTING STARTED

We have just entered the darkness of the night which is the longest part of a bear market.

A bear market begins from the top of a bull market, when that initial retrace happens only weak hands sells, you hear things like if you don’t hodl you can’t be rich. The market keeps retracing bit by bit but the but people see it as a healthy correction for a new ATH - at this point nothing changes.

The next state is a capitulation event, in 2017 it was the China ban, in 2020 it the covid 19 capitulation event.
We are currently here now, following the Luna and Celsius capitulation events. This stage even the strongest of hands sell. Any bounce at this stage is sold into, it is at the stage you hear the I told you so, the bears would be screaming and the price will go lower as they scream. Everyone is tweeting about the crypto crash.

Now to the 3rd and final stage, one I would call DEATH.

In stage 2 there are bounces, in this stage there is no bounce, prices range for long periods and move slowly downwards. In the previous stage people were shouting and angry but in stage everywhere is quiet, crypto is basically dead, this thread would become a desert, projects will pack up. This period is the longest, everyone is exhausted and moves on, nobody talks about crypto anymore.

Even I left crypto at this stage the last time- it was in 2019/2020.

My Alpha group was dead. I had $0 invested in the market, that when there was a dump from 6k to 3k I didn’t know. It was in 2020 ending a friend in my Alpha group that called me and asked me to invest in HTR.

This is where being in groups will help you, while u are doing something else outside crypto, keep tabs on your favorite builders or projects.

If you survive this stage and take good bets on good project - you would be the OGs of the next bull market.

seankafor:
If this happens, 18k to 15k inbound

Man the kind of liquidation we would see ehen. Celsius alone will be liquidated of over 500m$ followed by other whales and then retail.

It would be the largest liquidation event in history of crypto.

I lowkey want it to happen so I can start buying

If it what I think is what is going on then we in for a long ride.

Someone is trying to liquidate Celsius. Liquidation price was 22.5k.

They have increased collateral and the new liquidation price is now 18k but it seems the market (or someone) is trying very hard to liquidate them.

If they do get liquidated that would be a solid bottom signal, although I feel they won’t be liquidated, Celsius would use all their asset to defend their position.

oceanized25:
What about eth,what will be a good entry for you

Anything below 1k

Liquidation cascades like the one rn often pull project valuations below their fair market value and provide the best buy oppts.

This liquidation resembles covid jan 2020 which is where most ETH whales bought their biggest $ETH position ( a 10x even at current levels)

Most ETH whale holders I know bought their ETH sub $100.

This are opportunities bear market presents.

Your actions during bear market would determine who you would be during Bull markets.

The whales liquidating 100s of millions of crypto for stables will buy back lower.

Me and you don’t know the bottom but there are always levels.

For BTC $20k is a level I would buy, outside BTC, I would buy $Sol for $20 like I did in May 2021.

When I buy during bear market, I always buy with the thought, what will I do if there is 50% capitulation.

Once upon a time 0.1Sol was 25$. Now 1 Sol is 26$

Welcome to Crypto!!!

If you don't have a plan when to buy, make one, NOW.

My plan - I’m waiting for BTC to go below it’s 2017 high just like ETH has done. With ETH major support broken, ETH sub1k is just a matter of time.

OpenHeaven2019:
I honestly have not introduced new funds to my crypto portfolio - I have rather be taking profits and moving to stables.

And yes as I have repeatedly said, as long as btc hasn’t created a new ATH I remain bearish in the short term and would be waiting to fill my bag at 18k - 20k.

This will only change if we create a new ATH (I hope we do). A one day price action does not create a trend.

People have asking me when will I start buying BTC.

Like I said last year, I’ll only introduce fresh funds to this market when will hit the 2017 top (18k to 20k)

Buying at 20k is like buying at 6k in 2018, can we go lower, yes we can, we went from 6k which everyone thought was the bottom to 3k in 2018 capitulation event but we didn’t stay there for long.

So I would be buying BTC 19k and if we go 50% lower, I have no problem because I know the bounce will be quick.

myonekobosay:
Whenever I see news like this, at a critical support rebound/reversal is near.

Peter has only been a good bottom signal.

Tolu181:
don't be a prophet of doom

You know this foolish. Like very foolish.

Please delete.

No prophet of doom or prophet of boom can move BTC price.

BTC will sooner than later break the 28k - 29k support. The bids at that level is what is savings us now.

When it does, anyone who is not in Stables or shorting the market go collect wotowoto.