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Crypto Currency Investors Thread - Investment (710) - Nairaland

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Re: Crypto Currency Investors Thread by jedisco(m): 11:59pm On May 06, 2021
I'n waiting for the 5hr candle to close and would share thoughts on certain coyns....

For now, Ada to 2 seems almost a gift....

With Ada, no need rushing to taje profits... Remember how long it consolidated between 1 and 1.4... I believe within the next few weeks, ada will x3....

For now, the next possible resistance is 2....

5 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 12:01am On May 07, 2021
ObodoNaija:



What do you think about buying it now? It seems it has break out of 100. It got to 102 but went back to 97 . Can one buy now?

I think the move is done...at least for now... Never trust a parabola though but if still interested, a smarter way will be to target previous resistance areas e.g 100, 80, 60 for a bounce or wait for a clear breakout

1 Like 1 Share

Re: Crypto Currency Investors Thread by jedisco(m): 12:02am On May 07, 2021
bigx:


Read extensively on this all night.
ETC is EiH so everything done with EiH cam be done with it.
Never knew about it before now

Entered at 87.

Forgetting about it too.

My brother, take profits on a parabola if you see one... Were here to make money not to own coyns

11 Likes

Re: Crypto Currency Investors Thread by Simplyaduke: 12:04am On May 07, 2021
Boss, what do you think of cake and burger...I am holdl...but my portfolio don dey red I...

Short of $200 now


jedisco:
I'n waiting for the 5hr candle to close and would share thoughts on certain coyns....

For now, Ada to 2 seems almost a gift....

With Ada, no need rushing to taje profits... Remember how long it consolidated between 1 and 1.4... I believe within the next few weeks, ada will x3....

For now, the next possible resistance is 2....
Re: Crypto Currency Investors Thread by jedisco(m): 12:10am On May 07, 2021
Itzlinda:


Hehe. It will take a great level of self restrain to ignore doge boss. The hype is so real. Probably highest any coin has seen after btc.
What's your thought on Ada after the beak out of 1.45.

Boss you hold a lot of knowledge. Please how can we upcoming traders learn from you. We been eating from your knowledge lately. Some of the terms you mention here sounds alien to some of us.. Teach us how to fish if possible please

Good you're making profits..
Alot of people say my terms are alien... It's difficult to explain certain things in a text... With time, some terms in crypt0 will become obvious...


Ada is a sweet one... The base it built was fantastic...

After doing x5 earlier this run, it spent several weeks building a solid base between 1 and 1.4...
The interesting thing is that all the while it consolidated in usd, in was gaining against betece. (2nd pic)... That's strength..

It's cos of that I wasn't bothered when it was ranging and instead added on dips...

I'm quite bullish on it and think it can easily do an x3 over the next few weeks....... Though I don't advise holding only one alyt, but if I was to chose one now, it'd be ada...

My next target on it is 2... Might cool off/ dip there for a while..

2 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 12:13am On May 07, 2021
Ibime:
Jedisco, thanks for the tip on ETC.

I missed your earlier call when it was below $100 but saw your post that you will jump back in if it conquers $100

Threw some cash in when I saw it showing resilience at 110 and exited at 140.

Gracias brother

Annoyingly, I didn't play it... Was busy and couldn't set buys when my alerts went off. By the time I wanted to set buys at 120, it jumped to 140...na em I leave am..

Content with the earlier profits though
Re: Crypto Currency Investors Thread by jedisco(m): 12:16am On May 07, 2021
Ibime:
Eos to 20?

Jedisco, your attention needed Sir.

That was my target.... Another one I missed it's breakout at 10.... Didn't bother chasing

But then beware, eos is a coyn with lots of fvckery in it....
Re: Crypto Currency Investors Thread by jedisco(m): 12:31am On May 07, 2021
Ibime:
These repeated long downside wicks on the hourly candle for Doge tells me there are many buyers trying to get in position ahead of SNL. . .despite the lower highs. I feel tomorrow and Saturday are Doge day. Only a hunch.

The demand below 0.57 has been immense.... On the hourly, any dip below has been gulped up in a wick...

On the hourly chart, the 0.57 area (1) has held well so far...

My concern is that between 0.59 and 0.49 are the tips of 3 wicks which I'm sure will have alot of stops there and hence liquidity... Some greedy folls would have sure have taken a 25x trade with stops just beneath those levels and CZ no go wan pay that kind profit... Price generally likes liquidity.. I hope it doesn't go for them...

Good thing is that the 4hr support (2nd chart) is gradually approach price and should provide some support... Another spanner is that the current 4hr candle looks bearish in the making (though not complete yet)..

All-in all, it's not giving very convincing signals on either move yet... Just the presence of good liquidity

The liquidity on doge is huge.... So even a dump will recover quick... My concern is the opportunity cost of holding it in a range when oda good stuff is moving
Also, there's been alot of talk about the Saturday stuff...hehe... I don't want to be holding doge that day...

7 Likes 1 Share

Re: Crypto Currency Investors Thread by jedisco(m): 12:34am On May 07, 2021
prince0011:
Looking at the fundamentals, Doge has held steady now between .51 - .60 within the last 24 hours. This definitely indicates a good support though quite a significant deviation. Going by market sentiments, there is so much noise that the doge father will be in SNL which is one of the most viewed shows in the US.

There is a high possibility doge could flirt with $1 by this weekend going by this sentiment.

Jedisco gave a good TA yesterday. I will wait on more TA and FA rather than rely only on market sentiments.

Just shared thoughts on it...

I'm concerned about that market sentiment moreso now is rampantly everywhere.. The good thing is that it'd vome with liquidity...which is something that whakes like.. Let's see how Saturday goes, but I'd be quite cautious if I'm holding doge then
Re: Crypto Currency Investors Thread by jedisco(m): 12:36am On May 07, 2021
Simplyaduke:
Boss, what do you think of cake and burger...I am holdl...but my portfolio don dey red I...

Short of $200 now


They're not coyns I track or trade..
But I thought they'd pumped well recently hence their being very popular here.... Didn't you take profits?

When a coyn I'm in parabolic, I take profits ooo so I'm not left to hodl a bag...

Also, like I said a while back, majors usually do better after an eith pump.... Mid-microcaps should pick up afterwards...

1 Like

Re: Crypto Currency Investors Thread by CryptoMatic: 12:49am On May 07, 2021
Jameselias:
another way to make money with dogg would be to wait when it gets to #1, you short it with ten or five * leverage , because at that level many people will dump,
who else think i'am correct?.

And what stops you from opening a long order to $1 with such leverage right now that it’s still 0.6?

5 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 12:54am On May 07, 2021
I said I'd share some charts I'm looking at... But before then, let me say some fact...

1. A day like this is a day to reap profits and not necessarily to go hunting afresh.... So if going into fresh positions, it's advisable to mange risk (stops, take profits e.tc once your position starts moving or going parabolic)...

2. I can see greed allover the market... Obviously people like buying on a green day... Such days are days we make good money.... But remember, with such pumps, some fvckery is always around the corner to clear out overleveraged folks, take back profits and even capital..

3. Thirdly, on the charts, I didn't look into their RSI or other details... So trade easy... Its based on a 5hr chart of certain majors... My criteria as always is to see those that have broken out of a range or broken recent highs and flipped that level with a bounce with this last betece pullback...

4. Most are old majors so be rest assured that they're lots of bag holders happy to distribute their bags... Also betece just had a sudden pullback... Wouldn't surprise me another happens soon to retest support... I expect alyts to hold macro structure as far as betece remains anove 50k.... That's why I'm looking at a 5hr chart....

Looking at majors now cos of the recent eith move... I believe money will flow into micros then betece or fiat in the coming weeks

3 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 1:15am On May 07, 2021
Stuff I believe have some leg up....

Tezos, dash, zec, ada

Generally, in such market conditions, for targets, look at their previous weekly charts from 2017. Alternatively, for coyns that breakout from 5-7, one can target 10 in the first instance and later 20....

Honourable mentions are bch and eos which I think are already halfway there.

Also bnb looks good for further pushup, didn't include it cos I'm not sure how much more upside is left given it's been on a rip for a while

LTC also... Should eventually get to 420 which is previous ATH... Didn't include it cos it's too slow for my liking..

P.s... betece would likely go and retest support or dip a bit more... Should be worth considering that when looking for entries of not already in.

2 Likes

Re: Crypto Currency Investors Thread by jedisco(m): 1:20am On May 07, 2021
Stuff that almost made my cut

Xlm.... Almost closed above but didn't... Needless to say, it and xrp move together.... Target would be 90 if it gets above 70...

Xmr... Needs to get above 440-450... Already had a recent move

Zil and 1inch... Closed above recent highs.. but not technically old majors... If they takeoff, they should move well...

Honourable mention is Link. (Didn't include chart). Has had lots of bearish candles into the 50 resistance... Currently stuck between 45 and 50.... It's been disappointing of late but its another coyn I believe can pull an ETC if it gets above 50 and starts moving

2 Likes

Re: Crypto Currency Investors Thread by iLegendd(m): 1:44am On May 07, 2021
QTUM is mad. I thought it was over at 25, but still held my Mr. Greedy and Mr. HODL.

Joined at $11+ and $13+ and it's now $29+. If not for the 4 Wise Men approach, I would've been in regret by now.

So, strategy, research, and patience matter.

How did I find this coin? On the 30th of last month, I checked my trusted CoinMarketCal.com and saw an announcement of their mainnet launch and when I checked the graph, it was deep in red, so I found out all the exchanges it's in and pitched in. (One of the reasons I registered with more than 40 exchanges).

The rest is history. Buy in red and cash out in greens and not the other way around. Once in a while you can chase greens (as I did with that goat money some weeks ago), but in most cases, have a plan and buy mostly in red β€” especially when the market crashes and not more than 5 coins are in green.

This is to say, preparing for crash with money in USDT is more important than overtrading.

Learn not to overtrade. Focus on 1 to 5 coins and make sure you mur.der them.

As we all know, what goes up must come down, so don't turn your Mr. Greedy to Mr. Deaf. (Mr. Deaf is HODL'ing).

Modified:
I have noticed most good pumps take three days to five days now. My Mr. Greedy will last 3 days and some hours.

13 Likes 2 Shares

Re: Crypto Currency Investors Thread by Nobody: 1:51am On May 07, 2021
lavylilly:
The size of the first step is not what matters.

What matters is that you make the first step
thank you,I need financial assistance and I know how it sounds but even if I could get is as a loan, I'll pay back in two months with interest!
Re: Crypto Currency Investors Thread by jedisco(m): 1:52am On May 07, 2021
bigjay01:
Oga Jedisco, thank you for ETC.
Any other tips for the boys?
grin grin grin

Hehe... My brother... Protect profits ooo

1 Like

Re: Crypto Currency Investors Thread by jedisco(m): 1:54am On May 07, 2021
crownedrookie:

Can someone explain this EMA and it's significance to me

EMA and MA are average price over a given period... Would be difficult explaining online... How about searching on YouTube for vids

2 Likes

Re: Crypto Currency Investors Thread by Creeza(m): 3:03am On May 07, 2021
iLegendd:
QTUM is mad. I thought it was over at 25, but still held my Mr. Greedy and Mr. HODL.

Joined at $11+ and $13+ and it's now $29+. If not for the 4 Wise Men approach, I would've been in regret by now.

So, strategy, research, and patience matter.

How did I find this coin? On the 30th of last month, I checked my trusted CoinMarketCal.com and saw an announcement of their mainnet launch and when I checked the graph, it was deep in red, so I found out all the exchanges it's in and pitched in. (One of the reasons I registered with more than 40 exchanges).

The rest is history. Buy in red and cash out in greens and not the other way around. Once in a while you can chase greens (as I did with that goat money some weeks ago), but in most cases, have a plan and buy mostly in red β€” especially when the market crashes and not more than 5 coins are in green.

This is to say, preparing for crash with money in USDT is more important than overtrading.

Learn not to overtrade. Focus on 1 to 5 coins and make sure you mur.der them.

As we all know, what goes up must come down, so don't turn your Mr. Greedy to Mr. Deaf. (Mr. Deaf is HODL'ing).
Once again CoinMarketCal performs it's magic.

It's funny how people still don't take that atform seriously. I wonder though


Well what do I know, I'm nobody special

2 Likes

Re: Crypto Currency Investors Thread by Ojemedad: 3:09am On May 07, 2021
My worries is always btc

2 Likes

Re: Crypto Currency Investors Thread by solidworks(m): 3:26am On May 07, 2021
iLegendd:
QTUM is mad. I thought it was over at 25, but still held my Mr. Greedy and Mr. HODL.

Joined at $11+ and $13+ and it's now $29+. If not for the 4 Wise Men approach, I would've been in regret by now.

So, strategy, research, and patience matter.

How did I find this coin? On the 30th of last month, I checked my trusted CoinMarketCal.com and saw an announcement of their mainnet launch and when I checked the graph, it was deep in red, so I found out all the exchanges it's in and pitched in. (One of the reasons I registered with more than 40 exchanges).

The rest is history. Buy in red and cash out in greens and not the other way around. Once in a while you can chase greens (as I did with that goat money some weeks ago), but in most cases, have a plan and buy mostly in red β€” especially when the market crashes and not more than 5 coins are in green.

This is to say, preparing for crash with money in USDT is more important than overtrading.

Learn not to overtrade. Focus on 1 to 5 coins and make sure you mur.der them.

As we all know, what goes up must come down, so don't turn your Mr. Greedy to Mr. Deaf. (Mr. Deaf is HODL'ing).
The boss of bosses, thanks for what you are doing for mankind. thanks a lot.

1 Like

Re: Crypto Currency Investors Thread by sotall(m): 4:10am On May 07, 2021
Doge about to move

1 Like

Re: Crypto Currency Investors Thread by Benjaniblinks(m): 6:38am On May 07, 2021
sotall:
Doge about to move
Down or up angry
Re: Crypto Currency Investors Thread by sotall(m): 6:39am On May 07, 2021
Benjaniblinks:

Down or up angry

Up ofcourse.

When I posted that, it was at 0.54
Re: Crypto Currency Investors Thread by felzylix(m): 7:07am On May 07, 2021
Any views on Alice? I think it might just be warming up
Re: Crypto Currency Investors Thread by DieRich5: 7:09am On May 07, 2021
Btc ooooooooooooo
I don load big bags wait 4 Friday green day Now no money on ground to buy d dip

1 Like

Re: Crypto Currency Investors Thread by Alkason: 7:11am On May 07, 2021
htdot:

I am getting the signal from a friend...

Can I learn from you personally?
Re: Crypto Currency Investors Thread by Sanni45(m): 7:27am On May 07, 2021
Jameselias:
another way to make money with dogg would be to wait when it gets to #1, you short it with ten or five * leverage , because at that level many people will dump,
who else think i'am correct?.
I kinda agree with you on this. $1 is what many holders are targeting. But, I don't understand ten or five leverage. Explain better I might benefit from this too boss.
Re: Crypto Currency Investors Thread by Kirchhoff01(m): 7:48am On May 07, 2021
dogtails:
Please rephrase,u stopped applying for jobs cos u have just 200$ in ur account or u stopped applying cos u make 200$ daily
Bro I don't make 200$ daily. I have a capital of 200$ that I'm growing. I as well take profits when I deem fit...


So far into the month see how much I don withdraw

3 Likes

Re: Crypto Currency Investors Thread by lavylilly: 7:53am On May 07, 2021
do me a dm
Emmanuel262:
thank you,I need financial assistance and I know how it sounds but even if I could get is as a loan, I'll pay back in two months with interest!
Re: Crypto Currency Investors Thread by lavylilly: 7:53am On May 07, 2021
Before you FOMO into any coin, know that most traders rarely share their losses.

6 Likes

Re: Crypto Currency Investors Thread by Joshkid(m): 7:56am On May 07, 2021
I have a plan to buy a considerable amount of etherum coin for a long run, I was advised earlier to do that with luno but then after signing up I was unable to fund my naira wallet as it has been suspended, what other platform can I use to easily buy and store etherum coin?

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