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Crypto Currency Investors Thread - Investment (3818) - Nairaland

Nairaland ForumNairaland GeneralInvestmentCrypto Currency Investors Thread (5844943 Views)

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Re: Crypto Currency Investors Thread by MrNovo: 8:09pm On Aug 01, 2024
haybhi1:
lol... I lusegad... my entry was 66000, watch it reach 66600, then slept. Now I'm liquidated at 64+.
Trading without SL ?
Re: Crypto Currency Investors Thread by Chully01(f): 8:19pm On Aug 01, 2024
Beeteec should do relief pump bik0
The torture on alt is too much shocked

I can't imagine our daddy coin going to 47k
Na trenches straight grin

Daddy dumps 2%
Alt dump 15%
Re: Crypto Currency Investors Thread by Hedgefunds: 9:08pm On Aug 01, 2024
iLegendd:
Stage 2 of 5 green might happen today if BTC hits 61k or 58k. After that, there will be some rallies. Then, stage 3 which might take us to 50k-48k. Remember, this is just a prediction, not the truth. The market is capable of being against or in favour of anyone's prediction.

The thing is, whether BTC goes up or down, alts will keep suffering till ending of August-Sept. Yes, alts will rise, but will silently dump harder than their previous lows. I call it the slow poison dump. You won't even know it's happening until you realize you've lost another 70%.

This is why I'm more focused on longing and shorting BTC and ETH at the moment while monitoring alts I love.
What month do you think is the best time to buy BTC ..? What is the chart saying Legend of our time.
Re: Crypto Currency Investors Thread by haleymoon: 9:10pm On Aug 01, 2024
KingofAces:
Bro watsup
It's been a while
Did you eventually get yours rectified?
Mehn nothing was really done oo. I would initiate another query. How about yours
Re: Crypto Currency Investors Thread by seanwilliam(m): 9:31pm On Aug 01, 2024
Chully01:
Beeteec should do relief pump bik0
The torture on alt is too much shocked

I can't imagine our daddy coin going to 47k
Na trenches straight grin

Daddy dumps 2%
Alt dump 15%
so if daddy dumps 15% nko ? grin
Re: Crypto Currency Investors Thread by Chully01(f): 9:36pm On Aug 01, 2024
seanwilliam:
so if daddy dumps 15% nko ? grin
Lol
Then it's finished grin
Na to go start farming for village
Re: Crypto Currency Investors Thread by KingofAces: 9:58pm On Aug 01, 2024
haleymoon:
Mehn nothing was really done oo. I would initiate another query. How about yours
OKX refunded me June 25
Then BYBIT finally send my money to my wallet almost two weeks ago
But bro ain't you following up with your case?
I really bothered them during mine
Re: Crypto Currency Investors Thread by Oyindamolah: 10:29pm On Aug 01, 2024
I am looking for a lead web3 security researcher. Salary is up to $250k/year

referrals are welcome

Send resumes my way via DM or to kemiadeshinaoyindamola@gmail.com
Re: Crypto Currency Investors Thread by iLegendd(m): 11:33pm On Aug 01, 2024
Hedgefunds:
What month do you think is the best time to buy BTC ..? What is the chart saying Legend of our time.
BTC doesn't have a best time. Everyday is a best time. Though, you can choose when it's down or at the bottom of bear market.
Re: Crypto Currency Investors Thread by Tflex01:
The best way to make it in crypto and most financial market is to first learn how to preserve your capital. If you are able to preserve your capital (while actively trading/investing) over a period of time your profits will also be consistent when it starts coming.

Unless you are a veteran in this space, don't try to trade both directions, follow the trend and understand that market won't go straight in that direction, so develop a good profit taking strategy.

Most importantly, don't be overly invested. Don't invest or trade with more than 40% of your entire financial worth. Anything beyond this will impact your mental health and let you make irrational decisions. Also, stay away from the market when you are desperately in the need of money because you may never get any decision right in that situation

The bulls are coming.
Re: Crypto Currency Investors Thread by armadeo(m): 12:21am On Aug 02, 2024
I no even dey look my bags again. I hardly come to this thread again sef. As I said if btc no go sub 55 I no go dca anything.

Chai. Trenches and me don become.paddy so. Ally gains gone since , previous losses over the last rwo years yet to be recovered now current funds dipped beyond belief.

Na God hand we dey.
Re: Crypto Currency Investors Thread by seanwilliam(m): 12:37am On Aug 02, 2024
shocked

Re: Crypto Currency Investors Thread by jedisco(m): 12:59am On Aug 02, 2024
seanwilliam:
Where are all these great men

Ibime
Jedisco
Openheaven19
Afe11

Abeg we need una contributions too o..


Cos like this I no understand again o.



I no no who dey press my neck pass between tinubu and crypto,,
Relax, zoom out and take things easy. The longer you focus on the screen, the more likely you are to make mistakes

Was looking to update but still looking at 3 things - same three I highlighted on my last post
Hash ribbons
21week ema
Btc dominance
Re: Crypto Currency Investors Thread by jedisco(m): 1:30am On Aug 02, 2024
jedisco:
Following it and betc dominance chart closely along with a few others. Been hardly as active in the market this time.

Hash ribbons have been a good predictor historically. I've got stung in the past buying after 'capitulation' but before a buy signal printed. Also sometimes when I waited for a buy despite good opportunity being evident, the market had already gone up quite a bit before it printed. Bitc0in has now spent 14 weeks between 60 and 70k, I'd expect things to move quickly to either side once it exits this range. It's cos its still in range I'm yet to buy. I'm still waiting for the buy signal but with some bids on the weekly support. If it starts breaking out of this range, I'd look to buy even if a buy signal has not printed.

For dominance chart, it's the reason I'm still not heavily in alts. Once it pushes up into the 60's, I'd start rotating my Bitc0in into alts- hopefully, eth would still be lagging by then.

The weekly chart- asides a minor fakeout in August last yr, Bitc0in has held this support since January 2023 (which marked the end of the last dip and start of this run). Bidding close to this support (now at 62k) has worked so far. Not about changing it except the market says otherwise and it starts closing below support.

Overall, this is my strategy. I'd be closing off further buys if things break out.
Quick update... some background changes

1. Weekly chart- fakeout before coming back above. Watching... 👀

2. Hash Ribbons- 'Buy signal printed

3. Bitc0in dominance- finally breaking out. Not good news for alts

4. It's 22 weeks and aside a small fakeout, we're still in the 60-70k range. Distribution or reaccumulation? Time would tell

Still mainly in Bitc0in, with some allocation to eth and a few alts. One alt that interests me is Maker. It has an interesting relationship with Bitc0in.

Nothing is set in stone but the market looks primed. Other assets such as gold are looking strong. Worth going offline for a while.

Re: Crypto Currency Investors Thread by Nobody: 3:11am On Aug 02, 2024
seanwilliam:
Where are all these great men

Ibime
Jedisco
Openheaven19
Afe11

Abeg we need una contributions too o..


Cos like this I no understand again o.



I no no who dey press my neck pass between tinubu and crypto,,
You dy buy PayPal?
Re: Crypto Currency Investors Thread by seanwilliam(m): 6:39am On Aug 02, 2024
Valwezzy:
You dy buy PayPal?
Fnf? Yes 247 .
Re: Crypto Currency Investors Thread by TrennixGLOBAL:
Daily TA :- After collecting money from the buyers(liquidity), the market just shifted structure to the upside 2 weeks ago and it's seeking to collect sellers money & stoplosses at those DOUBLE TOPS I marked up there at the last ATH.

The current selling in the market is just temporary and it may get to 62k, 60k or 58k just to fill the Value Gaps created and then the move to the upside begins or they may ignore the last 2 levels and just flip it upside cos the daily low targeted has already been taken which is expected this month so sellers be careful.

I would advise sellers to take profit now and leave the market to do its thing and rather just watch.
The manipulators wants to collect all ur profits including ur capital.

Re: Crypto Currency Investors Thread by TrennixGLOBAL:
Weekly TA :- The market is currently showing a bearish momentum thereby reducing the greed in the market and giving sellers some little gains before they flip it back.

The first week of every month up to half of the second week is mostly or always used for manipulation in every financial market which is happening now and after that, the main trend begins so stay clear if you are unsure and just watch what the market does then enter when it starts trending.

Re: Crypto Currency Investors Thread by TrennixGLOBAL:
Monthly TA:- The month started with a quick accumulation/ranging market which can only be seen on lower Time-frames but now already in manipulation phase.

The market makers are seeking ways to throw many people off balance especially newbies thereby pushing them to follow their emotions and take irrational decisions while they collect all their money and then let the market go it's direction while leaving retailers in tears.
Don't fall for their trap and rather stay clear if you are not sure. Go trade other altcoins instead or DCA them ahead of altcoin season but make sure to check their Tokenomics first as taught by the great iLegendd before you enter or Hodl any altcoin.



DYOA!!

Re: Crypto Currency Investors Thread by TrennixGLOBAL:
My dogecoin analysis...

Re: Crypto Currency Investors Thread by Nobody: 7:42am On Aug 02, 2024
seanwilliam:
Fnf? Yes 247 .
Yes
Minimum and rate?
Re: Crypto Currency Investors Thread by sweetveek(m): 7:44am On Aug 02, 2024
TrennixGLOBAL:
My dogecoin analysis...
forget all these many analysis, once btc sneeze, your analysis go somersault cheesy
Re: Crypto Currency Investors Thread by seanwilliam(m): 7:44am On Aug 02, 2024
Valwezzy:
Yes
Minimum and rate?
sharpaly enter my dm.
Re: Crypto Currency Investors Thread by seanwilliam(m): 7:45am On Aug 02, 2024
sweetveek:
forget all these many analysis, once btc sneeze, your analysis go somersault cheesy
grin grin grin I don’t know whether to laugh or attack u .

You’re right and wrong at the same time grin
Re: Crypto Currency Investors Thread by Robnectar(m): 7:57am On Aug 02, 2024
August should be buLLissh 😎

Re: Crypto Currency Investors Thread by Hedgefunds: 8:07am On Aug 02, 2024
Robnectar:
August should be buLLissh 😎
I think august / Sept / Oct is kind of bearish. Oct been the worst.
Re: Crypto Currency Investors Thread by TrennixGLOBAL: 8:20am On Aug 02, 2024
sweetveek:
forget all these many analysis, once btc sneeze, your analysis go somersault cheesy
Like I will always say, if mine is nonsense to you, do your own analysis and stop waiting for iLegendd or GraceGlory to drop analysis for you.

#Peace..
Re: Crypto Currency Investors Thread by Robnectar(m): 8:56am On Aug 02, 2024
Hedgefunds:
I think august / Sept / Oct is kind of bearish. Oct been the worst.
Ur opinion mehn cool

Re: Crypto Currency Investors Thread by doyin01: 9:05am On Aug 02, 2024
Some are saying August will be bullish

Some are saying August will be bearish

The crypto market have a way of laughing at us at times , it might not even be bullish and also not be bearish...it will just be ranging ...thereby making everyone wrong grin
Re: Crypto Currency Investors Thread by TrennixGLOBAL: 9:08am On Aug 02, 2024
seanwilliam:
shocked
He is quite right but your biggest enemies in the Crypto market and any financial market are the manipulators not those AI and robots.

This bull cycle is supposed to be the best for everyone but the manipulators hates to see retail traders happy and gaining so they want to avoid that by manipulating the market and they have already started it.

Veteran traders without emotions might have the patience to stay but newbies should stay away from the market for now.

Bitcoin will run to an extent and give profits, Alts will follow and give profits but the question is when??


Surely, this Bull cycle will be something to remember when it truly ends either in good or bad way.

Just be informed so you can remember it in a good way.
Re: Crypto Currency Investors Thread by sweetveek(m): 9:28am On Aug 02, 2024
TrennixGLOBAL:
Like I will always say, if mine is nonsense to you, do your own analysis and stop waiting for iLegendd or GraceGlory to drop analysis for you.

#Peace..
i never mentioned it was nonsense
Re: Crypto Currency Investors Thread by Brayss(m): 10:12am On Aug 02, 2024
iLegendd:
The 5 green just happened, but it didn't reach the 61k I was expecting. Anyway, I longed BTC, but I'll add to my position if it does a sharp dip to 61k before going up to 64-66-72k.

I'm not a trader, I'm an opportunist.

My regret? I wanted to short Banana on MEXC when it was at $70 the day it was launched on Binance because of its bad tokenomics, but I don't know how I managed to forget. Would've made some free money. cry
Morning boss
This is the third time recently you making a reference to 5 Green Day’s in your post and I’ve go through your profile maybe I’ll come across where you explained it but I couldn’t. Can you please tag me to where you explained it in details
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