₦airaland Forum

Ibime:
Before you ask, is it time to buy, keep in mind that a bear market typically lasts for 2 years from peak to bottom. That means we are not yet at the bottom going by antecedent. Pull up the chart for the S&P500 for 1989 to 1992, 2000 to 2002 and 2008 to 2010 and confirm for yourself..I have highlighted them below.

My strategy remains to short resistance at extremely low leverage, and not do any buying or longing. Since crypto futures trading is banned in my country of residence, I have been doing this on the Nasdaq100 at 5x leverage for the last two months. That leverage is purposeful because it rules out the risk of being margin-called. The returns are not amazing, about 10% per month but are in line with my goals to preserve capital as first goal and to double my capital over the next two years as my second goal. I plan to return to buying crypto sometime in late 2023 or 2024.
Now is not the time to get rich but to make small steps of progress in increasing your trading funds, so you have more capital ready for the next bull market.

Khayceeofficial:
Check your settings in the metamask app.
If you can't find it, go on Google and search for a tutorial

Lordsagna:
I'll go with option 4 I can wait till 2023... I've downloaded binance how will I put money there?
I can find another money for option 3, but everything you wrote there looks like Arabic what's SHORT ON ALTCOIN with 2x leverage?

XaToXi:
Wahala for who no sabi short for bear market.

Double wahala for who no even sabi futures at all.

seanwilliam:
I no understand o. So keeping stable on there is not safe too..

crazymommy:
This is not showing profit/loss.....

I actually want to see your profits......can I see it ??

Lordsagna:
Good afternoon investors... I'm an avid follower of this thread just reaching this page today... I'm a 200 lvl student and i'm interested in trading cryptocurrency what's the minimum amount of money I can start with?... I've downloaded trust wallet and someone said I should buy coin from binance.... but I don't understand how to buy and also the coin to buy he said they are over 1000 coins... pls which of the coin can I buy today....I have like 6-7k wey I use start.

Pls I don't understand anything about crypto before.

Ibime:
Before you ask, is it time to buy, keep in mind that a bear market typically lasts for 2 years from peak to bottom. That means we are not yet at the bottom going by antecedent. Pull up the chart for the S&P500 for 1989 to 1992, 2000 to 2002 and 2008 to 2010 and confirm for yourself..I have highlighted them below.

My strategy remains to short resistance at extremely low leverage,
For Bitcoin, I see us playing the $18k to $22k level for a while and then breaking down to the next zone. If you are swing trading, it is always safer to short from the $20.5k to $22k level than to long from the $18 to $19k level, ensuring you keep a leverage that will not get you stopped till $26k. Even at that, using not more than 20% of capital at any time. I would never long this market. It's just safer. Now is not the time to get rich but to make small steps of progress in increasing your trading funds, so you have more capital ready for the next bull market.

One more thing to bear in mind is that crypto has never been part of a macro-bear. The general stockmarket and economy has been on an uptrend since 2010 when Bitcoin came into being. All Bitcoin bear markets have been local to crypto, not the general economy. This is the first time Crypto will go through a bear caused by macro-economic conditions outside of Crypto.

Ibime:
Before you ask, is it time to buy, keep in mind that a bear market typically lasts for 2 years from peak to bottom. That means we are not yet at the bottom going by antecedent. Pull up the chart for the S&P500 for 1989 to 1992, 2000 to 2002 and 2008 to 2010 and confirm for yourself..I have highlighted them below.

My strategy remains to short resistance at extremely low leverage, and not do any buying or longing. Since crypto futures trading is banned in my country of residence, I have been doing this on the Nasdaq100 at 5x leverage for the last two months. That leverage is purposeful because it rules out the risk of being margin-called. The returns are not amazing, about 10% per month but are in line with my goals to preserve capital as first goal and to double my capital over the next two years as my second goal. I plan to return to buying crypto sometime in late 2023 or 2024.

The nature of a bear market is such that price drops suddenly on bad news and then will hold a level for a while without breaking through any resistance, and will either slowly unwind down or breakdown suddenly at the next bad news. For the Nasdaq100 currently, I set ladder shorts at every hundred points from 11,600 to 12,200. Price will never break above 13,300 in this market which is what it will take for me to get margin-called at 5x. I like predictability, and Nasdaq is the most predictable asset class because it is full of speculative stocks which got overvalued the most from the zero interest rate environment of the pandemic, and it has no petroleum or commodity selling companies whose value goes up with war, and could buck the general downward trend. Almost every company in Nasdaq will be going down, and it fits perfectly the "trend is your friend" approach.

For Bitcoin, I see us playing the $18k to $22k level for a while and then breaking down to the next zone. If you are swing trading, it is always safer to short from the $20.5k to $22k level than to long from the $18 to $19k level, ensuring you keep a leverage that will not get you stopped till $26k. Even at that, using not more than 20% of capital at any time. I would never long this market. It's just safer. Now is not the time to get rich but to make small steps of progress in increasing your trading funds, so you have more capital ready for the next bull market.

One more thing to bear in mind is that crypto has never been part of a macro-bear. The general stockmarket and economy has been on an uptrend since 2010 when Bitcoin came into being. All Bitcoin bear markets have been local to crypto, not the general economy. This is the first time Crypto will go through a bear caused by macro-economic conditions outside of Crypto.

Binancian:
Profits lol.. good luck waiting to see that . Shey 1.5% daily is simple. Let him show us how man millions he has compounded in the last 3 months

Leave the guy he is a joker. Some top traders here used to closed 1000s of usd and post without making confused analysis. That guy na noisemaker

Geovanni412:
Perfect analysis of the situation. Everything is correlated right now. I don't even think gold will survive this storm we are in. Best bet for a newbie is to wait till first quarter 2023.

Khayceeofficial:
Even that Q1 2023 no sure
I might begin to buy again maybe around this time 2023...

coolqayy:
Please I sabi futures but don't know which coin to short and entry.
I can message you on whatsapp

Lordsagna:
Good afternoon investors... I'm an avid follower of this thread just reaching this page today... I'm a 200 lvl student and i'm interested in trading cryptocurrency what's the minimum amount of money I can start with?... I've downloaded trust wallet and someone said I should buy coin from binance.... but I don't understand how to buy and also the coin to buy he said they are over 1000 coins... pls which of the coin can I buy today....I have like 6-7k wey I use start.

Pls I don't understand anything about crypto before.

XaToXi:
@kingsteve also gives daily levels you can use to enter and exit your btc trades.

Ballzproblemm:
hmm, hopefully this will turn out to be fud

nnamdi640:
my own metamask don't have a section to add a new chain

BlenzTalk:
That was the mistake. Just did that and I've received the 100SHM. Thanks

Raph3177:
Face your school forget crypto for now. Crypto is best when u have a strong legit source of income. Forget what u have heard it can never make a broke person rich. As for am concerned crypto is for the well to do If u grab.

Chikacha:
Please this is not true! DO NOT use whatever you get from Kingsteve to trade especially if you are a beginner, It's a guess work but somehow he thinks it's a talent which we all don't have. An old hand may look at it and still salvage something but defiantly not a newbie!

Guys, please stay clear from these group of people shilling these TAs at this time, I'm telling you guys, you will lose and do not DM or respond to their DMs. Ask open questions here. Someone would answer you.

And no, there is no money flowing anywhere in crypto right now, no, you are not missing anything right now.
Keep your money and learn from those who have witnessed this before.

If you go and they chop you, please don't come and testify here, at least.

Khayceeofficial:
There's an Airdrop currently ongoing for Shardeum EVM blockchain.

Mainnet debuts in Q4 and they are giving out 100 SHM each for users.

If you've got a Twitter account, visit Shardeum. Org(delete the space) and follow the prompts and click 'claim 100 SHM'.

Probably nothing but worth trying
WazirX founder is the owner and binance already acquired Wazirx before now

Mayorsky07:
Thanks bro, I received the 100SHM but what can I do with it

ElectronicMoney:
KuCoin CEO Johnny Lyu has denied this

https://cointelegraph-com.cdn.ampproject.org/v/s/cointelegraph.com/news/kucoin-ceo-slams-insolvency-rumors-citing-no-plan-to-halt-withdrawal/amp?amp_js_v=a6&amp_gsa=1&usqp=mq331AQIKAGwASCAAgM%3D#aoh=16568316180804&csi=0&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fkucoin-ceo-slams-insolvency-rumors-citing-no-plan-to-halt-withdrawal

moshuur:
U av good intention but I don't really agree with this ur recommendation (he'll always av question....later on, it might lead to very irritating questions. Although we'll cut him some slack).
so if we're to go by ur advice, it better he

1) download binance/kucoin, then watch YouTube videos on how to use binance

2) start reading this thread from previous pages (if he can start from 1, no wahala).

That's will save us all a lot of unnecessary questions (that questions wey he wan ask, it most likely someone don ask d same question at d previous pages).

If we should recommend that every newbie should just download binance...then we'll put him/her tru all d steps, trust me we'll all get irritated by subsequent questions.

Wagmi

Kingsteve:
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.

Lordsagna:
Good afternoon investors... I'm an avid follower of this thread just reaching this page today... I'm a 200 lvl student and i'm interested in trading cryptocurrency what's the minimum amount of money I can start with?... I've downloaded trust wallet and someone said I should buy coin from binance.... but I don't understand how to buy and also the coin to buy he said they are over 1000 coins... pls which of the coin can I buy today....I have like 6-7k wey I use start.

Pls I don't understand anything about crypto before.

Ballzproblemm:
facts

Ibime:
Before you ask, is it time to buy, keep in mind that a bear market typically lasts for 2 years from peak to bottom. That means we are not yet at the bottom going by antecedent. Pull up the chart for the S&P500 for 1989 to 1992, 2000 to 2002 and 2008 to 2010 and confirm for yourself..I have highlighted them below.

My strategy remains to short resistance at extremely low leverage, and not do any buying or longing. Since crypto futures trading is banned in my country of residence, I have been doing this on the Nasdaq100 at 5x leverage for the last two months. That leverage is purposeful because it rules out the risk of being margin-called. The returns are not amazing, about 10% per month but are in line with my goals to preserve capital as first goal and to double my capital over the next two years as my second goal. I plan to return to buying crypto sometime in late 2023 or 2024.

The nature of a bear market is such that price drops suddenly on bad news and then will hold a level for a while without breaking through any resistance, and will either slowly unwind down or breakdown suddenly at the next bad news. For the Nasdaq100 currently, I set ladder shorts at every hundred points from 11,600 to 12,200. Price will never break above 13,300 in this market which is what it will take for me to get margin-called at 5x. I like predictability, and Nasdaq is the most predictable asset class because it is full of speculative stocks which got overvalued the most from the zero interest rate environment of the pandemic, and it has no petroleum or commodity selling companies whose value goes up with war, and could buck the general downward trend. Almost every company in Nasdaq will be going down, and it fits perfectly the "trend is your friend" approach.

For Bitcoin, I see us playing the $18k to $22k level for a while and then breaking down to the next zone. If you are swing trading, it is always safer to short from the $20.5k to $22k level than to long from the $18 to $19k level, ensuring you keep a leverage that will not get you stopped till $26k. Even at that, using not more than 20% of capital at any time. I would never long this market. It's just safer. Now is not the time to get rich but to make small steps of progress in increasing your trading funds, so you have more capital ready for the next bull market.

One more thing to bear in mind is that crypto has never been part of a macro-bear. The general stockmarket and economy has been on an uptrend since 2010 when Bitcoin came into being. All Bitcoin bear markets have been local to crypto, not the general economy. This is the first time Crypto will go through a bear caused by macro-economic conditions outside of Crypto.

ElectronicMoney:
KuCoin CEO Johnny Lyu has denied that KuCoin is insolvent

https://cointelegraph-com.cdn.ampproject.org/v/s/cointelegraph.com/news/kucoin-ceo-slams-insolvency-rumors-citing-no-plan-to-halt-withdrawal/amp?amp_js_v=a6&amp_gsa=1&usqp=mq331AQIKAGwASCAAgM%3D#aoh=16568316180804&csi=0&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fkucoin-ceo-slams-insolvency-rumors-citing-no-plan-to-halt-withdrawal

Lordsagna:
Okay ma'am, do I need to buy books on coin I want to buy ? ...are those things that complex?