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Crypto Currency Investors Thread - Investment (3407) - Nairaland

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Re: Crypto Currency Investors Thread by iLegenddd: 5:32am On Dec 16, 2023
saddler:


I am almost there.

Lets use this image below for example. This is from Binance. The asset is $Bonk.

Now let's use yesterday's $Bonk trading as example.

Am i correct if i say it completed 3 wise boxes.

From the image can you list where box 1, 2 and 3 is?
Go to your settings and change the appearance to dark theme before you can see the lines.

Re: Crypto Currency Investors Thread by Ojimmu95: 5:33am On Dec 16, 2023
iLegenddd:
What you need to have? USDT in your account and the mind to click BUY.

Also, you need to have the patience to watch 1 or 2 YouTube videos on how it works. Or, you can read this post here: https://www.nairaland.com/6504311/crypto-total-beginners-guide-how

Thanks boss
Re: Crypto Currency Investors Thread by saddler: 5:36am On Dec 16, 2023
iLegenddd:
Go to your settings and change the appearance to dark theme before you can see the lines.

Ok...so here is the dark version.

Am i correct if i say it completed 3 wise boxes.

From the image can you list where box 1, 2 and 3 is?

Re: Crypto Currency Investors Thread by iLegenddd: 5:42am On Dec 16, 2023
saddler:


I am almost there.

Lets use this image below for example. This is from Binance. The asset is $Bonk.

Now let's use yesterday's $Bonk trading as example.

Am i correct if i say it completed 3 wise boxes.

From the image can you list where box 1, 2 and 3 is?

The image I showed earlier about BONK is from futures trade, but the one below is from spot. I noticed in the spot, the 3 boxes were filled in a day.

I only use this method on futures. From today, I'll pay attention to the spot version.

2 Likes

Re: Crypto Currency Investors Thread by iLegenddd: 5:44am On Dec 16, 2023
saddler:


Ok...so here is the dark version.

Am i correct if i say it completed 3 wise boxes.

From the image can you list where box 1, 2 and 3 is?

I think using the word box is where the confusion is coming from. I should've named it the 4 wise lines.

3 Likes

Re: Crypto Currency Investors Thread by iLegenddd: 5:47am On Dec 16, 2023
Truthshotcrazy:

Quite informative but too lengthy and exhaustive read.

Please do U mind making an explicit YouTube video πŸ“Έ on this explaining all you just typed? one can follow more easily in recorded video form than written form.

Once uploaded,you can also link the YouTube video to Ur blog post.
That's why the industry favors only patient people who read and reread, do, and redo until they get it.

Unfortunately, no videos. Sorry about that.
Re: Crypto Currency Investors Thread by iLegenddd: 5:48am On Dec 16, 2023
trafficpools:
the answer is no, it only complete the first wise box
Sharp
Re: Crypto Currency Investors Thread by Ojimmu95: 5:50am On Dec 16, 2023
iLegenddd:
What you need to have? USDT in your account and the mind to click BUY.

Also, you need to have the patience to watch 1 or 2 YouTube videos on how it works. Or, you can read this post here: https://www.nairaland.com/6504311/crypto-total-beginners-guide-how

God bless you richly, and I have been here, hustling like a mad man to raise 70k for someone to teach me spot trading

God bless you sir, I don't take this information for granted, more knowledge to you.
Re: Crypto Currency Investors Thread by iLegenddd: 6:10am On Dec 16, 2023
Ojimmu95:

God bless you richly, and I have been here, hustling like a mad man to raise 70k for someone to teach me spot trading

God bless you sir, I don't take this information for granted, more knowledge to you.
You're welcome. All the info you need are online for free, especially YouTube and Tiktok. It's just that the info out there is too much and it's overwhelming.

It can even make people confuse and end up quitting. You just neet to take it a step at a time.

I never knew crytpo was easy when I was starting. With all the red and green everywhere dancing, it was scary. It took me just one video in 2021 to understand it. The video is old now, but you can still watch it.
https://www.youtube.com/watch?v=fv3LiswmZu4?si=4i6EcT_8r1smz5pi

After that, I learned how to read charts and other things, but in the end, only one thing matters in crytpo and that is PATIENCE. If you don't have it, you won't make money. If you over-have it, you'll lose money. Now, striking a balance with a strategy is the key.

3 Likes 1 Share

Re: Crypto Currency Investors Thread by iLegenddd: 6:14am On Dec 16, 2023
saddler:


Ok...so here is the dark version.

Am i correct if i say it completed 3 wise boxes.

From the image can you list where box 1, 2 and 3 is?
Yes, it did, but that is spot, not futures. In the futures version, it didn't.

Below is an image illustration for you.

1 Like

Re: Crypto Currency Investors Thread by SINisSIN(m): 6:51am On Dec 16, 2023
You're doing a great job here. Weldon bro!

iLegenddd:
Yes, it did, but that is spot, not futures. In the futures version, it didn't.

Below is an image illustration for you.
Re: Crypto Currency Investors Thread by saddler: 6:54am On Dec 16, 2023
iLegenddd:
Yes, it did, but that is spot, not futures. In the futures version, it didn't.

Below is an image illustration for you.

Thank you for the explanation .
Re: Crypto Currency Investors Thread by santos123(m): 6:56am On Dec 16, 2023
Any analysis on BTC? Sold some of coin so I can buy at a lesser price when BTC dips overnight. Now BTC refused to fall, rather it increased the price of the coins I sold. sad
Graceglory
Nnanna77
Re: Crypto Currency Investors Thread by saddler: 7:33am On Dec 16, 2023
iLegenddd:
Yes, it did, but that is spot, not futures. In the futures version, it didn't.

Below is an image illustration for you.

So i got this image from MexC....

I guess this fits into the system you explained looking at the trade from the previous day

Re: Crypto Currency Investors Thread by trafficpools: 8:23am On Dec 16, 2023
iLegenddd:
Sometimes, someone who just learned something right now could explain it better to another person than the lecturer who taught it. So, I'll hand you over to @trafficpools. Please, kindly explain to him.
bosss, you really did a fantastic job here, am a poor teacher to be honest with your boss, maybe the reason I was able to quickly grab your explanation is because of my strong interest in future trading! Thanks for sharing your in-depth knowledge hare, it's highly educative. In summary to those trying to understand @iLegenddd lecture, the lecture simply says don't attempt to shot market when price hasn't move very close to the Daily high! Just for example, if the daily high coin price is $9, but now the price has dropped to aroun $3 region,

The lecture tells me not to attempt to make any short position because the price is at first wise box! If the price. Still moves from $4 to $6 it has just completed the second wise box, patience. Is still needed at these points too, but when it finally moves from $7 to $8.5 region then the three wise boxes has been completed meaning the price has approach the highest of the day! At these points it's saver to place a shot position using a reasonable leverage size.

3 Likes

Re: Crypto Currency Investors Thread by iLegenddd: 8:24am On Dec 16, 2023
saddler:


So i got this image from MexC....

I guess this fits into the system you explained looking at the trade from the previous day
Yes, but the thing is, exchanges are manipulative. Today, Binance could be the manipulative one, the next day, they won't and Mex could be the bad guy. Also, time zone of the exchange affects when it will break to another candle.

What I'm try to say is, my Front chart on Binance that same day is only two boxes, but yours is three in Mex.

If I were trading front on Mex that day, I may have shorted after every other checklist says go ahead, but if I were on Binance, I'll be scared to short because I'll feel we still have 1 more box to fill.

From today, I'll start cross-checking two to three exchanges to see if there is discrepancy in the number of boxes.

From my experience, I mostly start shorty after a coin has pumped 150%. Initially, I used to short when it pumps 50, 60, 80%, but they always pump it to 150% per day or even 177% and sometimes 200%+ when they want to liquidate millionaires and billionaires.

With this experience, I mostly start thinking of shorting after it has pumped at least 150% in a day and it has filled at least 3 boxes.

I still pay attention to support and resistance and sometimes check on Coinank and Coinglass to see most liquidation will mostly take place on BTC and also the coin I'm trading, if it's listed on the apps I mentioned above.

Some other times, I don't check anything. I see 150% pump + three boxes checked, I short. While I'm already shorting, I now do my research to see when to jump out or if the uptrend will still continue to box 4, 5, and more.

The moment I notice it will continue, I use another account to long or hedge with same account just to protect myself. This isn't the end. Account number three comes to play, but let's leave that for another day.

Note: Exchanges don't use same regional time zone. Sometimes they allow you set the timezone you want to use. Singapore or Beijing is probably 7 hours ahead of Nigeria, so they could be on 17th of Dec. while we're still on the 16th. This little differences affect the candle, but no that much.

3 Likes

Re: Crypto Currency Investors Thread by iLegenddd: 8:34am On Dec 16, 2023
saddler:


So i got this image from MexC....

I guess this fits into the system you explained looking at the trade from the previous day
Zooming your screen in or out affects the numbers (prices) at the end of each line, hence affects the size of the box.

So, don't adjust it after you've clicked 1D time frame. See the numbers I'm referring to in the image below.

Re: Crypto Currency Investors Thread by FlashDboy: 8:36am On Dec 16, 2023
FlashDboy:
Greetings gurus them.

Please how do one buy a coin that is on pre-sale like

1.Gfox
2.Scapemania.

I read somewhere they are goona be huge.

Gurus them
Ilegend
Landmann
Ibime
Singapore
Openheaven
Graceglory
MrCodeSolo

Please how do I buy a coin not listed on exchange that is on pre-sale.

Thanks
Re: Crypto Currency Investors Thread by XaToXi: 9:25am On Dec 16, 2023
iLegenddd:
Yes, it did, but that is spot, not futures. In the futures version, it didn't.

Below is an image illustration for you.

It was listed on binance that day at 0.4 and price dropped as usual with new listings.

It's yet to do price discovery on binance spot.
Re: Crypto Currency Investors Thread by henrycryptmento(m): 9:37am On Dec 16, 2023
Buy limit $0.87.. So we buy tomorrow or Monday on spot πŸš€πŸš€πŸ˜˜

Re: Crypto Currency Investors Thread by GRACEGLORY: 10:17am On Dec 16, 2023
FlashDboy:


Gurus them
Ilegend
Landmann
Ibime
Singapore
Openheaven
Graceglory
MrCodeSolo

Please how do I buy a coin not listed on exchange that is on pre-sale.


Thanks


Look up "Regular Presale" on CoinMarketCap. Press the "Market" button that is located next to the price chart. You can find a comprehensive list of locations where you may buy.

1 Like

Re: Crypto Currency Investors Thread by Ojimmu95: 10:26am On Dec 16, 2023
trafficpools:
bosss, you really did a fantastic job here, am a poor teacher to be honest with your boss, maybe the reason I was able to quickly grab your explanation is because of my strong interest in future trading! Thanks for sharing your in-depth knowledge hare, it's highly educative. In summary to those trying to understand @iLegenddd lecture, the lecture simply says don't attempt to shot market when price hasn't move very close to the Daily high! Just for example, if the daily high coin price is $9, but now the price has dropped to aroun $3 region,

The lecture tells me not to attempt to make any short position because the price is at first wise box! If the price. Still moves from $4 to $6 it has just completed the second wise box, patience. Is still needed at these points too, but when it finally moves from $7 to $8.5 region then the three wise boxes has been completed meaning the price has approach the highest of the day! At these points it's saver to place a shot position using a reasonable leverage size.
You're a very good teacher, sir
Re: Crypto Currency Investors Thread by santos123(m): 10:31am On Dec 16, 2023
Any brc20 coin that hasn't pumped?
Re: Crypto Currency Investors Thread by FlashDboy: 10:59am On Dec 16, 2023
GRACEGLORY:



Look up "Regular Presale" on CoinMarketCap. Press the "Market" button that is located next to the price chart. You can find a comprehensive list of locations where you may buy.

OK. Thanks alot.
Re: Crypto Currency Investors Thread by Taidi(m): 11:33am On Dec 16, 2023
santos123:
Any brc20 coin that hasn't pumped?
check Lbank exchange, their are a few of them there that are yet to be listed on other exchanges.

2 Likes

Re: Crypto Currency Investors Thread by iLegenddd: 11:37am On Dec 16, 2023
FlashDboy:



Please how do I buy a coin not listed on exchange that is on pre-sale.

Thanks
You'll need to acquaint yourself with the following apps. I mostly buy via Trustwallet or any other wallet and do research via the other apps below.

2 Likes

Re: Crypto Currency Investors Thread by REUBEN010(m): 11:45am On Dec 16, 2023
henrycryptmento:
Buy limit $0.87.. So we buy tomorrow or Monday on spot πŸš€πŸš€πŸ˜˜
Thanks
Fingers crossed.
Re: Crypto Currency Investors Thread by FlashDboy: 12:05pm On Dec 16, 2023
iLegenddd:
You'll need to acquaint yourself with the following apps. I mostly buy via Trustwallet or any other wallet and do research via the other apps below.

Good. Thanks alot
Re: Crypto Currency Investors Thread by GRACEGLORY: 12:54pm On Dec 16, 2023
santos123:
Any analysis on BTC? Sold some of coin so I can buy at a lesser price when BTC dips overnight. Now BTC refused to fall, rather it increased the price of the coins I sold. sad
Graceglory
Nnanna77

I already advised against shorting the market.
BTC has been consolidating after eight weeks straight of an uptrend. I was expecting the $46K while the majority on X and Nairaland were calling for $30K. And the psychology of trading had taught me that the majority are always wrong, so I chose the opposite direction. BTC made it to the $45K.
The macroeconomics as a whole has been favorable to the market, the CPI report came lower than the previous, and the FOMC had been paused on the 3rd consecutive meeting as I expected. And the majority are expecting dip to dip, BTC may continue the uptrend after this consolidation. May, may. Or one devil candle, and GOD candle follows immediately.

Stop short I the market if you don’t have trading skills. You’d be shortchanging yourself. Allow your money to dip it’s part of the sacrificial process. We’re bull all the same.

area before the consolidation, though.

2 Likes 1 Share

Re: Crypto Currency Investors Thread by GRACEGLORY: 1:06pm On Dec 16, 2023
I’ve got a feeling down in my gut, that suddenly, SOL and LTC will do what BCH did. And that will only favor HODlers

1 Like

Re: Crypto Currency Investors Thread by trafficpools: 1:13pm On Dec 16, 2023
Ojimmu95:

You're a very good teacher, sir
I doubt that boss!!!
Re: Crypto Currency Investors Thread by AgentNnamdi: 2:49pm On Dec 16, 2023
Mayerooona:



Most are available on Mexc Exchange.
That's where I buy these low caps.

Thank you πŸ‘πŸΎ

1 Like

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