₦airaland Forum

armadeo:
You must have been long ?

I swear bro
Fomo is not good o

doyin01:
All these people are in this game together.

I am sure even Powell himself is trading crypto too

They pump and dump whenever they want

No doubt, but they got more professionals observing them for the slaughter

GRACEGLORY:
Now, if it comes with dovish speech... We're good

But here's the catch...

The Fed said that as part of the reduction in the pace of quantitative tightening, or QT, the monthly cap of Treasuries that will be allowed to mature and not be replaced will be ratcheted down to $5 billion per month from the prior $25 billion monthly cap, effective on April 1.

That's DOVISH!

megawealth01:
That guy seems to know a lot sha

Less than 72 hours that was his trade , and right now the bitcoin price reached his liquidation price..so the so called dude got liquidated or probably he closed the trade before he got liquidated.. but what about those that followed him and decided to follow his steps ? They are In loss and probably not aware that he will still later close that sell trade while they won't be informed..


The dude is just playing mind games..

doyin01:
Less than 72 hours that was his trade , and right now the bitcoin price reached his liquidation price..so the so called dude got liquidated or probably closed the trade before he got liquidated..

The dude is just playing mind games..

You mean he got liquidated?

megawealth01:
You mean he got liquidated?

He set his liquidation point at $85,300 when he placed the trade. ,and Bitcoin have touched that point and even passed it ..so he will definitely get liquidated ..the only thing that will help him avoid that liquidation is If he closed the trade before this evening..

doyin01:
Less than 72 hours that was his trade , and right now the bitcoin price reached his liquidation price..so the so called dude got liquidated or probably he closed the trade before he got liquidated.. but what about those that followed him and decided to follow his steps ? They are In loss and probably not aware that he will still later close that sell trade while they won't be informed..


The dude is just playing mind games..

That is why there is something called DYOR , but sadly some traders just follow whatever they see a whale do or influencer do. When a whale place a sell order , they just do the same immediately . when a whale place a buy order , they just buy immediately too.

They have forgotten that If the whale decides to later close that same trade , he won't inform you that he wants to close the trade or that he has closed the trade., this is common sense .

And that is why it easy for a whale to play a pump and dump game because he is aware that there are many traders that just follow him or her blindly without DYOR

doyin01:
He set his liquidation point at $85,300 when he placed the trade. ,and Bitcoin have touched that point and even passed it ..so he will definitely get liquidated ..the only thing that will help him avoid that liquidation is If he closed the trade before this evening..

Imagine more than $200m just disappeared like that 😞

Ever heard of spoof orders?

Like you said, it is a mind game...when it went popular, know that nothing can come out of it really...those who dump on people, did you see their sell orders/shorts?

doyin01:
He set his liquidation point at $85,300 when he placed the trade. ,and Bitcoin have touched that point and even passed it ..so he will definitely get liquidated ..the only thing that will help him avoid that liquidation is If he closed the trade before this evening..

Eth is finished

Guess you short?

Jayinyourdreams:
Chaii bybit don send me mail

LONGERS won today maybe tomorrow go be shorters' day

He closed it and re open long.

megawealth01:
You mean he got liquidated?

Although I no trust this sudden bullish levels sha

Chilipepper:
He closed it and re open long.

Smart dude. He's in mad gains be that?

megawealth01:
Imagine more than $200m just disappeared like that 😞

The money did not vanish into thin air.

In this game one person's loss is another person's gain

GRACEGLORY:
But here's the catch...

The Fed said that as part of the reduction in the pace of quantitative tightening, or QT, the monthly cap of Treasuries that will be allowed to mature and not be replaced will be ratcheted down to $5 billion per month from the prior $25 billion monthly cap, effective on April 1.

That's DOVISH!

Hopefully by then, the bull 🐂 would be awoken and the rope tied round it's neck be cut off for some movement that'd be massive

megawealth01:
Imagine more than $200m just disappeared like that 😞

I doubt if he would wait for his order to get liquidated , he would have closed the trade before today

doyin01:
He set his liquidation point at $85,300 when he placed the trade. ,and Bitcoin have touched that point and even passed it ..so he will definitely get liquidated ..the only thing that will help him avoid that liquidation is If he closed the trade before this evening..

No he closed in profit, then longed before Powell’s speech, closed in profit after the speech and now he’s back in short.

Macktaob:
No he closed in profit, then longed before Powell’s speech, closed in profit after the speech and now he’s back in short.

yea, he made $9m from closing the short yesterday

P2P is not working on bybit

doyin01:
He set his liquidation point at $85,300 when he placed the trade. ,and Bitcoin have touched that point and even passed it ..so he will definitely get liquidated ..the only thing that will help him avoid that liquidation is If he closed the trade before this evening..

Even if he got liquidated or stopped out, that amount probable isn't that huge for such an individual. And he's probably made way more than that, that even if he lost this, it's just like you and I losing 2% of our equity.

That tight stop shows he's probably scalping and not some long term traders. That makes it very likely he might have closed out a huge chunk of that position before this upward wave happened.

All in all, the 320M is like $320 to some people in the trading world. Reminds me of one of my early days mentor, man had 100mills as deposit balance and had grown it to 238m. He usually make 1million upwards every fvkcing trading day, that we with our meagre less than $1k in trading account couldn't believe our eyes when he shared his account balance screenshot one day.

And this was back then in 2020 during covid era, you can imagine how much he'd be working with at the moment.

In R kellys voice

My minds ( TA) telling me long.

So I'm shorting, shorting everything yeaaah. .



It's a joke oh. Ain't shorting anything

Lol

Alt coin index 22/100

armadeo:
In R kellys voice

My minds ( TA) telling me long.

So I'm shorting, shorting everything yeaaah. .



It's a joke oh. Ain't shorting anything

Lol

You are an old G.
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GRACEGLORY:
Calm down,
ETH stake ETF shall solve the P

🔥🔥🔥

geedot:
Even if he got liquidated or stopped out, that amount probable isn't that huge for such an individual. And he's probably made way more than that, that even if he lost this, it's just like you and I losing 2% of our equity.

That tight stop shows he's probably scalping and not some long term traders. That makes it very likely he might have closed out a huge chunk of that position before this upward wave happened.

All in all, the 320M is like $320 to some people in the trading world. Reminds me of one of my early days mentor, man had 100mills as deposit balance and had grown it to 238m. He usually make 1million upwards every fvkcing trading day, that we with our meagre less than $1k in trading account couldn't believe our eyes when he shared his account balance screenshot one day.

And this was back then in 2020 during covid era, you can imagine how much he'd be working with at the moment.

That's most likely an account under management. It's not one individuals money. Also important to note that the trade doesn't get liquidated immediately as such accounts use cross margin and only utilise around 30% of total funds in their wallet for trades allowing the backup fund to automatically adjust their liquidation point

MrNovo:
That's most likely an account under management. It's not one individuals money. Also important to note that the trade doesn't get liquidated immediately as such accounts use cross margin and only utilise around 30% of total funds in their wallet for trades allowing the backup fund to automatically adjust their liquidation point

Thanks so much for the lucid explanation.

If btc looses 84k support today!

The bears will be unleashed heavily!


But if we can see and sustain 90k

Then the bulls are active

A break in 84k support can usher us straight to 75k

This is an important decision making time

Watch the market unfold for you

In market you can only do two things

Buy and sell
So it’s a 50:50 decision making time


Watching also gives you an edge

If btc breaks 84k support and plunges to 75!

The pains it will cause while going to 75 will be untold!

At this point, what do I do?

I wait for market to give us clear indication and direction


Trade and think like a champion ✊

Walrus mainnet next week Thursday,be there, secure your position from paper hands.

SINisSIN:
E be like na only me enter doge at 0.35

Wahala
Wahala

enter at 0.31

dca at 0.19

Doge dey gba badly for now