Abidek900:
Any idea if there would be a major crash before the next bull run please?

moshuur:

I've been following them from way Back (after I saw there selfless impact on this thread).

People like them just want people to be rich (like make all of us make am together).

The info. They give is what lots of people will charge money for (they even pay for some sef...yet they still give it out here).

One funny thing i observed from way back is some people still abuse them (u know different people dey this life)...yet, they still help out here.

Shout out to them oooo

Kingcid:
Good morning guys and Happy boxing day


Any USDT vendor here?

My plug is telling me $1/#1210 l for something I bought 770 the last time I purchased USDT 😩😩😩

Nigeria which way nau

santos123:
how far do you think metis can go and Where do you see BTC in January?

henrycryptmento:
One more fall for btc/usdt, then we good to go.

But correction first..

$olana also going as analysed..

*($175-$200) is still a bae*

Fasttt:


How far it will go? No idea, this crypto game deals on greater fools theorem. Depends on the f**l willing to buy your token at the price specified. But will DCA out from 180.



I offloaded my SOL bag at 120. Average entry 28 or so.
Will it still run, definitely but the returns will be likely *2.

Metis I will start offloading around 150-180(depends also how chicken and oyoryor hungry me).
If you see profit, take am. Lots of ppl didn't survive last bear market. Lots of ppl lost a lot. Very few made it.

I don't know what BTC will be January but I tend to work with sentiments and what a f**l like me is likely to pay for any coin I buy. Cos I need to sell it to a greater f**l .

Kingcid:
Good morning guys and Happy boxing day


Any USDT vendor here?

My plug is telling me $1/#1210 l for something I bought 770 the last time I purchased USDT 😩😩😩

Nigeria which way nau

Ojimmu95:

Boss, please I have been waiting for you
I seriously need you to give me a guide, iwant to start spot trading, the more I keep watching YouTube videos, the more confused I am, please o just need your guide , thanks in advance, God enrich you🙏🙏🙏

Tolu1992:
Buy Atom and thank God in a jiffy

GRACEGLORY:




Atom. Is going to be big.

Starboytwo:
I've got a question boss, as I've been reading from here and other articles about an impending drop in the price of Sol in the coming months or so. Here is my question, isn't it wise to sell some of my coins now at great prices and wait for the fall to double back in or something?

Got me thinking out loud.

Starboytwo:
I've got a question boss, as I've been reading from here and other articles about an impending drop in the price of Sol in the coming months or so. Here is my question, isn't it wise to sell some of my coins now at great prices and wait for the fall to double back in or something?

Got me thinking out loud.

saddler:

No body has the magic wand for timing the market.

Do not let greed get the better of you.

Always have a goal in mind on when you should remove your capital with some profit.

Cryptocurrency waits for no one.

Take profit if your investment have done a couple of Xs. A greedy person will always lose in Cryptocurrency.

GRACEGLORY:



I’ll answer your question with another question, boss.

WHAT IF IT DOESNT DROP as you think it could, and the uptrend continues, what will you do ⁉️


I’ll rather be in the dip, than to miss out on an uptrend.

If you have more than one, sell some

Starboytwo:
Thanks a lot, i learned something from your reply.Thanks as well, I'm enjoying the uptrend.

sats:


Guaranteed
You can be sure of that

The next time the index shows FEAR will be the perfect time to buy

DCA all the way

Starboytwo:
I've got a question boss, as I've been reading from here and other articles about an impending drop in the price of Sol in the coming months or so. Here is my question, isn't it wise to sell some of my coins now at great prices and wait for the fall to double back in or something?

Got me thinking out loud.

AIT1:


Boss, you no mention BrokerHaruna…Omo time move fast o. But Ibime will always be man any day any time!

Superpack589:
It’s that time again — when your friends and family members who know you’re into Bitcoin text asking if now is the time to buy.

A time that signifies we’re at another peak in bitcoin’s price.

I know, I know. How bah-humbug of me.

But the truth is, if you’re thinking about buying bitcoin right now, it might not be the best time to make a sizable purchase — despite the fact that we might see spot bitcoin ETFs (exchange-traded funds) approved in the near future (possibly as early as January).

Why?

Let’s start by looking at bitcoin’s price action during periods leading up to the last two Bitcoin halvings. (The next is due in late-April, when block 840,000 is expected to be mined.)

Bitcoin halving cycles last about four years (210,000 blocks produced at approximately 10 minutes per block). At the commencement of each cycle, the block subsidy reward that Bitcoin miners receive is cut in half, which triggers a bitcoin supply shock.

Historically, bitcoin’s price has risen dramatically during the year and a half that follows the halving. The price then tanks and trades in a range for the cycle’s other two and a half years.

From late-2013 until mid-2016, when the second halving occurred, bitcoin’s price fell from $1,166 to $156. It then rebounded to $780 — 67% of the previous all-time high — before falling 40% to $472 in August 2016.

The $472 price point marked a local bottom just one month after the second halving took place.

From late 2017 to late 2018, bitcoin’s price fell from $19,666 to $3,150 before rebounding to $13,882 — 70% of the previous all-time high. By March 2020, its price had fallen 72% to $3,867.

$3,867 marked a local bottom two months before the third Bitcoin halving, which occurred in May 2020.

Another two-and-a-half-year period that precedes a Bitcoin halving is coming to an end. This period began in late 2021 and will end in April 2024, when the fourth halving is scheduled to occur.

During this period thus far, bitcoin’s price has fallen from $69,000 to $15,522 before rebounding to $44,759 — 65% of the previous all-time high.

This 65% rebound — the current one — is awfully close to the 67% and 70% rebounds we saw in the two previous cycles.

And so the big question now is: Will bitcoin’s price retrace significantly leading up to the next halving as it has leading up to the two previous halvings?

If bitcoin’s price were to fall 40% from these current levels — as it did in 2015-2016 — we’d see bitcoin’s price at $26,855. (As of writing, it is approaching $44,000).

If it were to fall 72% — as in 2019-2020 — we’d see bitcoin’s price at $12,532.

I’ve seen very few people mention such numbers in the wake of the euphoria bitcoin investors are currently experiencing.

So, will this time be different?

Aren’t we waiting for billions of dollars to flow into bitcoin almost immediately after the spot bitcoin ETF is approved?

Maybe.

No one knows whether an approval of a spot bitcoin ETF is priced into the bitcoin market yet.

Some believe it is and that the announcement of a spot bitcoin ETF will be a “buy the rumor, sell the news” event — a situation in which bitcoin’s price rises in anticipation of a spot bitcoin ETF announcement, as it has been, but then sells off once the ETF is announced.

Others say it’s a “buy the rumor, buy the news” event — a situation in which bitcoin’s price rises in anticipation of a spot bitcoin ETF and rises again once the ETF is announced.

The truth is that no one knows what will happen in the wake of a spot bitcoin ETF being approved and coming to market.

And with Bloomberg analysts predicting a 90% chance of approval by January 10, 2024, hardly anyone seems to be asking the following question: What happens to bitcoin’s price if the spot bitcoin ETF isn’t approved? (Though CoinDesk did.)

This scenario could easily be grounds for a significant drawdown in bitcoin’s price. The drawdown might not be as severe as the previous two, but it would likely be notable.

Also, what happens to bitcoin’s price in the event of a hard landing?

While the powers that be and major institutions will have you believe that we’re on our way to a soft landing or, at worst, a mild recession, those of us who remember hearing the exact same rhetoric in 2008 aren’t so convinced.

A number of reputable outlets have stated that we may be amid a “melt-up” — a situation in which asset prices rise parabolically before crashing catastrophically.

This isn’t hard to believe given that the Dow Jones Industrial Average is at an all-time high, while the S&P 500 and the Nasdaq are almost there, as well — all while we’re still in an environment in which investors can earn over 5% risk-free in money market mutual funds.

If a melt-up is currently taking place and bitcoin’s price is going along for the ride, then there are two more questions we have to ask: How high does bitcoin’s price rise before it comes crashing down, and what sort of investing strategy is best to employ if this is the case?

While the first question is difficult to answer, the second isn’t as challenging.

By all means, continue to HODL your BTC and DCA (dollar-cost average) into the asset, as these investment strategies have proven fruitful for anyone who has held BTC for more than four years.

The one thing you might want to avoid amid this euphoria is aping into a large position at these levels — especially with any sort of leverage. (To quote the Founder & CEO of Custodia Bank, Caitlin Long, “A fool and their leveraged bitcoin are soon parted.”)

If we see a massive drawdown in bitcoin’s price, you’ll want to have some cash on the sidelines to buy, not find yourself bitcoin-less and cash-strapped due to acting like an overzealous gambler.

As always, we don’t know where bitcoin’s price will go from here. Maybe it actually will move up only both into and beyond the halving.

But if history repeats itself and bitcoin performs the way it has right before prior halvings, we may see bitcoin at a significantly lower price as the halving in April 2024 approaches.


Copied from CoinDesk

SINisSIN:
Graceglory Nnna77 These two guys, give them those flowers.

Hamachi:
Yeah! This is the first of it kind in a long while
Nairaland Crypto Award 2023
🤔 Man of the year - Openheaven2019
🤔 Funniest person -
🤔 Most controversial Female
🤔 Most controversial Male
🤔 Newbie of the year
🤔 Coin of the year - solana


Kindly note the nomination would end December 29th, 2023

GRACEGLORY:




I’ve read through these, twice.
And here’s what I think,

There’s been a recent issuance of one billion ($1,000,000,000) USDT, this is typically interpreted as an indication that exchanges and whales are ready to drive cryptocurrency prices higher.

Two, I expect a decent pullback in the crypto market in early 2024.

The first action coincides with my expectation.

This isn’t TA, it’s market Psychology. I may be wrong