TheKingsmann:
Go and use real account and stop fooling people

Leave that clown na scammer e be.

chenny360:
Lol.
In crypto we call this type of people FUDDERS.
They know nothing about cryptocurrency still they want to put mouth in everything cryptocurrency Cryptocurrency can't die, today or ever. It's a Revolution on its own., guess what those people that loses out thier money are the future traders.. lot of people have made millions and thousands of dollars in the same future trading.. the best way to make some money without losing is buy a good and coins with strong fundamentals HOLD it in your trustwallet firmly, no matter what you'll not lose them until you sell at loss. OP this sams bitcoin was $1 10 years ago. Today it's trading at $38k same things applicable to other solid and great cryptocurrency coin with used case..
Stop fudding and scaring people from making money and investing in cryptocurrency.. it has liberated lot of Nigerians and world populace.

Please do people use metamask?

Following

FreeStuffsNG:


https://nairametrics.com/2022/01/21/bloodbath-185450-crypto-investors-lose-all-their-funds-as-bitcoin-drops-to-38k/

No wonder seunmsg aka Kadoso Mutairu has been so quiet. Wire don hold am.

Olayetan:
Who can help me Verify my Blockchain Account in lagos, I have few bitcoin lying down in that account and I can't send it or even buy more.

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Just a matter of time, everything will be alright.

Elliotwaveforec:
28318 is the support before 100,000;Check the weekly chart. The move is normal, it's corrective. If it doesn't correct, it can't go up. It's like a bull, a bull reverses to gain strength to attack.

Therefore, investors, don't panic; Chartists know where it's going.

/
If the level you noted is the support, how come you didn't factor in the possibility of a Head and Shoulder formation? You started out well and ended up talking like a novice. In any market, you have to be open to all possibilities.
Let's assume you are using Elliot Wave analysis, can't you see the 5 waves completed? A better probability long-term is an a-b-c correction long-term that will go below $29k before the $100k comes into play in a supercycle.

/

InvertedHammer:

/
If the level you noted is the support, how come you didn't factor in the possibility of a Head and Shoulder formation? You started out well and ended up talking like a novice. In any market, you have to be open to all possibilities.
Let's assume you are using Elliot Wave analysis, can't you see the 5 waves completed? A better probability long-term is an a-b-c correction long-term that will go below $29k before the $100k comes into play in a supercycle.

/

After completion of the 5 waves, where does the ABC correction end? From the chart, 28316 is the bottom of wave 4 and that's where a reversal is likely for trend continuation; any break signals trend reversal.

I don't do heads and shoulders

Bignuell:
Na only you dey speak the true language of trading, according to my analysis, it's getting to 29k

Thank you! That's my conclusion too. A rejection is expected at 28318; then we move up. If it breaks it, down down down.

ignis:


Na dem.

It has dropped to $35k. Buy and hold. It would exceed $70k soon

OlawaleBammie:
ahahahah u can not enter heaven

abi na

Elliotwaveforec:

After completion of the 5 waves, where does the ABC correction end? From the chart, 28316 is the bottom of wave 4 and that's where a reversal is likely for trend continuation; any break signals trend reversal.

I don't do heads and shoulders

/

I see.

I guess you are one of those who really believe that Elliot Wave Analysis is sacrosanct.

You will continue counting and recounting the waves until you blow your account.

/

ityP:



It has dropped to $35k. Buy and hold. It would exceed $70k soon

Are you serious?

ignis:


Are you serious?

Very serious

ityP:



Very serious

So are you advising me to buy now?

InvertedHammer:

/

I see.

I guess you are one of those who really believe that Elliot Wave Analysis is sacrosanct.

You will continue counting and recounting the waves until you blow your account.

/

From your myopic analysis:

Let me even lecture you on your Head and Shoulders a bit. I just read about it and I learnt a lot.

H and S has not even formed because the second shoulder has not formed yet; it's just created a projected Left shoulder, Head and Neckline without the Right Shoulder; therefore, all the components haven't yet fallen into place meaning there's no H and S in the first place.

The bigger picture, H and S hasn't even formed;

The projected left shoulder is marked by the red line @ 64890;

the projected Head is marked by the black line @ 69030;

and the projected Right Shoulder can only form when price breaks the blue line @ 28318 even if it's by 1 pip as the other component of the Projected Neckline;

then move ahead to form the Right Shoulder below the red line @ 64890.

Summary, 28318 is the pivot that tells whether the bullish trend continues or not.

Next time be polite and don't be emotional as a trader; be ready to learn more, it would help you.

Thanks anyway for forcing me to learn about H and S.

Elliotwaveforec:

After completion of the 5 waves, where does the ABC correction end? From the chart, 28316 is the bottom of wave 4 and that's where a reversal is likely for trend continuation; any break signals trend reversal.

I don't do heads and shoulders

That was my thought too but 2014 & 2018 move is set to take place. I think BTC is heading to $11k. 2022 is a bearish year according to the algorithm. Let's see how it plays out.

Elliotwaveforec:

From your myopic analysis:

Let me even lecture you on your Head and Shoulders a bit. I just read about it and I learnt a lot.

H and S has not even formed because the second shoulder has not formed yet; it's just created a projected Left shoulder, Head and Neckline without the Left Shoulder; therefore, all the components haven't yet fallen into place meaning there's no H and S in the first place.

The bigger picture, H and S hasn't even formed;

The projected left shoulder is marked by the red line @ 64890;

the projected Head is marked by the black line @ 69030;

and the projected Left Shoulder can only form when price breaks the blue line @ 28318 even if it's by 1 pip as the other component of the Projected Neckline;

then move ahead to form the Right Shoulder below the red line @ 64890.

Summary, 28318 is the pivot that tells whether the bullish trend continues or not.

Next time be polite and don't be emotional as a trader; be ready to learn more, it would help you.

Thanks anyway for forcing me to learn about H and S.

/
What are you yapping about. I asked you if you considered the probability that it will form. Did I say that it has formed?

/

wink2015:
I AM STILL MINING MY BITCOIN STEADILY.

Nothing shake me.

if they like value bitcoin at half kobo.

I go still continue.

After all sitting down idle is worse.

how do you minin btc?

ignis:


So are you advising me to buy now?

Yes

ityP:



Yes

Please can you guide me?

Goldbw122:
The Russian country that they banned the crypto trading and crypto mining now, I know that there will be another way you remember when Nigeria ban Twitter people still find another way to open the site so, I want to know that there is a way that they will still trade crypto and mine crypto in Russian country ?

p2p

planetx:
38k not 38. This is the best time to buy because bitcoin will easily rebound and reach $100k within this year. Not only Bitcoin but also newly minted meme and metaverse tokens with good utilities will make people millionaires this year, there have never been a time in human history where the opportunity exists for a regular person to become a member of the wealthy class within a short time unlike now with crypto investment not just buying and holding but there is a vast ecosystem built around it now with NFT, yield farming, staking, Defi finance etc etc just do your research.

Boss, can you teach me this bitcoin stuff?

Elliotwaveforec:

From your myopic analysis:

Let me even lecture you on your Head and Shoulders a bit. I just read about it and I learnt a lot.

H and S has not even formed because the second shoulder has not formed yet; it's just created a projected Left shoulder, Head and Neckline without the Right Shoulder; therefore, all the components haven't yet fallen into place meaning there's no H and S in the first place.

The bigger picture, H and S hasn't even formed;

The projected left shoulder is marked by the red line @ 64890;

the projected Head is marked by the black line @ 69030;

and the projected Right Shoulder can only form when price breaks the blue line @ 28318 even if it's by 1 pip as the other component of the Projected Neckline;

then move ahead to form the Right Shoulder below the red line @ 64890.

Summary, 28318 is the pivot that tells whether the bullish trend continues or not.

Next time be polite and don't be emotional as a trader; be ready to learn more, it would help you.

Thanks anyway for forcing me to learn about H and S.

What's the flow on this weekly BTC chart if I may ask? Where's the path of least resistance? Can you identify with the chart what bullish structure BTC has that would send it upside from $28k?

Reussite:

That was my thought too but 2014 & 2018 move is set to take place. I think BTC is heading to $11k. 2022 is a bearish year according to the algorithm. Let's see how it plays out.

It did see $8k on a particular exchange a month or so ago....there's one thing I've noticed about BTC and flash crashes

light099:
$38? So Bitcoin fell all the way from over $40,000 to $38? Lol.
Copy paste junkies.
Another bold crap of misinformation, confidently paraded on NL FP; working tireless everyday to raise the level of ignorance among young Nigerians and neutralize the little education in circulation.

Actually it fell from 69K in November to now 35K - which hard currencies never do.
BUT
Saying the price of bitcoin will not eventually go up because bitcoin is backed by nothing, is like saying the price of a Picasso painting will not keep going up because it is a stupid drawing that took him less than an hour to make!

kumulus:


What's the flow on this weekly BTC chart if I may ask? Where's the path of least resistance? Can you identify with the chart what bullish structure BTC has that would send it upside from $28k?

There's no certainty in this market, wee are all speculating. My prediction is purely based on price action. The du0ort 28318 remains the pivot, if respected, it move up; if breached, it retraces the peak and then crashes.

I don't know about those jargons you put up there, I keep it simple and straight; price Action purely.

CanadaOrBust:

Actually it fell from 69K in November to now 35K - which hard currencies never do. BUT
Saying the price of bitcoin will not eventually go up because bitcoin is backed by nothing, is like saying the price of a Picasso painting will not keep going up because it is a stupid drawing that took him less than an hour to make!

Well, if it can spike up, then it can also dip.
Hard currencies are stable but Crypto currencies are volatile. Isn't that why y'all invest because you can get insane ROI within a short time? So, it isn't abnormal if the market does otherwise.
Liquidity, daily volume, centralization, events and other determining factors are different in Crypto/Hard currencies.
The only thing constant to all currencies is rise/fall. And this is what matters.
Moreover, assuming Pound could ever rise to $40k, then it can also dip to $25k.
The exchange ratio determines the volatility rate. Hard currencies have tiny exchange ratio, so volatility is also tiny.

As for Picasso, his paintings would keep going up as long as the children of Adam think it's cool to overvalue some less important things.
It's all part of the imbalances, misplaced priorities and low sense of what is right/appropriate/worthy/good, which made human beings what they are.

kraken vs coinbase Which one do you use? And do you utilize it at all? I used both for a time and can't even tell you how much I miss them. After that, I'm not sure which I prefer.

light099:


Well, if it can spike up, then it can also dip.
Hard currencies are stable but Crypto currencies are volatile. Isn't that why y'all invest because you can get insane ROI within a short time? So, it isn't abnormal if the market does otherwise.
Liquidity, daily volume, centralization, events and other determining factors are different in Crypto/Hard currencies.
The only thing constant to all currencies is rise/fall. And this is what matters.
Moreover, assuming Pound could ever rise to $40k, then it can also dip to $25k.
The exchange ratio determines the volatility rate. Hard currencies have tiny exchange ratio, so volatility is also tiny.

As for Picasso, his paintings would keep going up as long as the children of Adam think it's cool to overvalue some less important things.
It's all part of the imbalances, misplaced priorities and low sense of what is right/appropriate/worthy/good, which made human beings what they are.

I bet the inventors of bitcoin never envisioned it being worth more that $1 or so, hence the name: bitcoin. Otherwise they’ll have named it Super Duper Mega Currency .
How did bitcoin come to be worth thousands??!!
Same reason a quick pencil drawing by Picasso is worth millions I guess!

CanadaOrBust:


I bet the inventors of bitcoin never envisioned it being worth more that $1 or so, hence the name: bitcoin. Otherwise they’ll have named it Super Duper Mega Currency .
How did bitcoin come to be worth thousands??!!
Same reason a quick pencil drawing by Picasso is worth millions!

Lol, but they're two different things.
Bitcoin worths $thousand because it removed big challenges as regards centralization, anonymity, digitization and ease of transfer worldwide. Then, it is mined with resources.

If Satoshi appeared and gave you 1 Bitcoin worth just $35k, while Picasso appeared and gave you one of his unknown paintings worth $millions as you claimed. While you can immediately start spending your 1Bitcoin, your so called $million painting is forever useless, since there isn't a way to prove Pissaco did it. This shows that ordinarily a Picasso painting is useless, it's only valued same way, toxic ladies come out of BBN and immediately turn valuable, wealthy celebrities overnight.