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Crypto Currency Investors Thread - Investment (4518) - Nairaland

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Re: Crypto Currency Investors Thread by Robnectar(m): 5:04pm On May 21, 2025
iLegendd:
Weekly volume isn't encouraging yet, but manageable.

Since I want the market to pump, I entered short again, tiny one, my main one is always after 10% or more pump per day.
Bttc now
109k shocked
Re: Crypto Currency Investors Thread by iLegendd(m):
Robnectar:
Bttc now
109k shocked
When volume does not match price, that is hidden bearish, posing as bullish.

But when volume matches price, that is real momentum. Maybe, the volume will come, but I sense manipulation to create FOMO before a giant dump or even a black swan.
Re: Crypto Currency Investors Thread by sweetveek(m): 5:24pm On May 21, 2025
sweetveek:
If what you're holding is currently in profit, continue to hodl but if it has dumped back to your entry, please sell oh. Capital preservation is very important
funny how i preached this and ended up selling three of my coins in profit because they were dumping and now they've started pumping again.
To have strategy is one thing, sticking to that strategy is another difficult thing embarassed
Re: Crypto Currency Investors Thread by iLegendd(m):
I never forget my 5(4), 7, and 12k rule.

After something has topped or bottomed, there is always extra 5k, sometimes 4k, 7k or most, 12k move left — which is a fakeout before reversal. So, you must identify the top or bottom to be able to use this.

Be a BTC specialist and have peace.

I started shorting at 104k a week ago. Extra 5k will be at 109k. Extra 7k will be 111k. Extra 12k will be 114k.

We have achieved the 109k, so another short, trap, has started.

Re: Crypto Currency Investors Thread by Robnectar(m): 5:58pm On May 21, 2025
iLegendd:
When volume does not match price, that is hidden bearish, posing as bullish.

But when volume matches price, that is real momentum. Maybe, the volume will come, but I sense manipulation to create FOMO before a giant dump or even a black swan.
Are you pondering what I'm pondering 🤔


Manipulation undecided cry
Re: Crypto Currency Investors Thread by Peng12345: 6:02pm On May 21, 2025
sweetveek:
funny how i preached this and ended up selling three of my coins in profit because they were dumping and now they've started pumping again.
To have strategy is one thing, sticking to that strategy is another difficult thing embarassed
This thing Dey happen to me too
Re: Crypto Currency Investors Thread by iLegendd(m): 6:05pm On May 21, 2025
Robnectar:
Are you pondering what I'm pondering 🤔


Manipulation undecided cry
Yes, but the people they're manipulating seem to be smarter now. They've been shorting and they slowly kept pumping it to liquidate them, but they kept their position and used other accounts to join them in the pump.

So, shorters are also benefiting from the pump. Who do you want to liquidate now? Though, there is a huge liquidation at 111k — approximately 112k. Maybe, the correction will start after that.
Re: Crypto Currency Investors Thread by Robnectar(m): 6:15pm On May 21, 2025
iLegendd:
Yes, but the people they're manipulating seem to be smarter now. They've been shorting and they slowly kept pumping it to liquidate them, but they kept their position and used other accounts to join them in the pump.

So, shorters are also benefiting from the pump. Who do you want to liquidate now? Though, there is a huge liquidation at 111k — approximately 112k. Maybe, the correction will start after that.
Boss u on point cool
Re: Crypto Currency Investors Thread by DieRich5: 6:20pm On May 21, 2025
DieRich5:
BTC close to ATH but not yet New ATH

Last ATH is 109.588 and today is 109.458 top

Make una relax o make btc break it b4 all this.
the work is done… now pls btc I need you to go back to 80
Re: Crypto Currency Investors Thread by sweetveek(m): 6:21pm On May 21, 2025
sweetveek:
One thing is sure this month, btc will make a new ath
officially a new ath, what next?

People are still expecting a dump but i know its definitely not going to happen this month
Re: Crypto Currency Investors Thread by maybet081: 6:25pm On May 21, 2025
sweetveek:
officially a new ath, what next?

People are still expecting a dump but i know its definitely not going to happen this month
I am wondering why some are strongly expecting a dump at this time.
Corrections? Yes
But dump why?
Re: Crypto Currency Investors Thread by Emoreni(m): 6:26pm On May 21, 2025
The dump has started
Re: Crypto Currency Investors Thread by iLegendd(m):
sweetveek:
funny how i preached this and ended up selling three of my coins in profit because they were dumping and now they've started pumping again.
To have strategy is one thing, sticking to that strategy is another difficult thing embarassed
Solution 1: Swear juJu in your community and the value for your life will outweigh your impatience or greed. You won't sell until that thing you swore the JuJu for happens. Sadly, foreign religions have made us see this our amazing African strategy as evil and primitive. Chai! Oyibo wicked o. They hacked our minds into losing our ways.

Solution 2: Be so rich that crypto is a sand in your wealth. There are currently people at minus millions in their short trades, but they don't really care if they get liquidated because losing 10-100 million Dollar is nothing to them. Some Arabians are here.

Solution 3: Let a government agency arrest you, lock you up and seize your phone like they did to VDM.

Solution 4: Have a friend who's also into crypto. Place a bet that if you touch it, you'll pay him 1m and there needs to be a written agreement + video recorded.

Back in my uni days, we used this method to approach women. If you couldn't, you lose $100 to your friend. You must talk to her or lose your money. Luckily, these Asians and white women were friendlier black women cuz lot of them secretly wanted to taste black action. Even if she rejects you, no problem, at least your money is safe.

Solution 5: Just learn patience by experiencing the disadvantages of impatience and vice versa.
Re: Crypto Currency Investors Thread by iLegendd(m): 6:29pm On May 21, 2025
Emoreni:
The dump has started
At 107k. Might go lower, but they'll pump it back to 109k or even 112k to give hope, then finally slaughter everyone.
Re: Crypto Currency Investors Thread by sweetveek(m): 6:40pm On May 21, 2025
iLegendd:
Solution 1: Swear juJu in your community and the value for your life will outweigh your impatience or greed. You won't sell until that thing you swore the JuJu for happens. Sadly, foreign religions have made us see this our amazing African strategy as evil and primitive. Chai! Oyibo wicked o. They hacked our minds into losing our ways.

Solution 2: Be so rich that crypto is a sand in your wealth. There are currently people at minus millions in their short trades, but they don't really care if they get liquidated because losing 10-100 million Dollar is nothing to them. Some Arabians are here.

Solution 3: Let a government agency arrest you, lock you up and seize your phone like they did to VDD.

Solution 4: Have a friend who's also into crypto. Place a bet that if you touch it, you'll pay him 1m and there needs to be a written agreement + video recorded.

Back in my uni days, we used this method to approach women. If you couldn't, you lose $100 to your friend. You must talk to her or lose your money. Luckily, these Asians and white women were friendlier black women cuz lot of them secretly wanted to taste black action. Even if she rejects you, no problem, at least your money is safe.

Solution 5: Just learn patience by experiencing the disadvantages of impatience and vice versa.
cheesy cheesy cheesy bros i choose number 5 oh although solution 2 isn't bad but we'll get there
Re: Crypto Currency Investors Thread by sweetveek(m): 6:43pm On May 21, 2025
maybet081:
I am wondering why some are strongly expecting a dump at this time.
Corrections? Yes
But dump why?
btc will likely be ranging or even form a higher high from here but that dump isn't happening this month. Bnb and sol haven't even hit ath yet so those that haven't entered the market can still do so if the bulls continue next month.
Re: Crypto Currency Investors Thread by geedot:
iLegendd:
When volume does not match price, that is hidden bearish, posing as bullish.

But when volume matches price, that is real momentum. Maybe, the volume will come, but I sense manipulation to create FOMO before a giant dump or even a black swan.
My volume partner in crime, the Legend himself. I also shorted after that last hourly candle closure. But I messed up trailing my stop too close only to get stopped out at 1.2×R.

I took the trade from the hourly timeframe, so I was expecting it to last till late in the night at least, but price just started tanking immediately I entered my order, I hadn't even set stop before it started bleeding to the downside.

For others on the thread, reason for trade entry: The last time price was at that zone, I spotted absorption by seeing lot of bullish candles but price reversed to the downside, so I marked it up hoping to see what happens when next price comes there.

Price got there during London open and immediately reversed, I knew those that absorbed the move yesterday at the same time were still present there with their orders.

I could have shorted after that long bearish candle back into the zone, but it would require a huge stop, so I knew most of the time price usually retest areas where the move initially occured, so I waited for a retest for a better entry. Immediately the last green candle ended up with a top wick, and couldn't close above the area.

That was the confirmation signal and price whooshed to the downside. Should have made more, but the move was too sudden even for me than I expected, so I mismanaged the trade.
Re: Crypto Currency Investors Thread by jayce232: 6:54pm On May 21, 2025
There is something unusual about this bull season sha, the market will struggle so hard to pump & always fail even with all the bullish news. Market has been down for almost 4 months, but can't even maintain a bullish momentum for just one month. Bitcoinn now make ATH with difference of just $500 follow by a sharp dump & come back to make another ATH with $500 again after months. No be like this bull year suppose be, I don't know what to call this anymore.
Re: Crypto Currency Investors Thread by Allthelight(m): 7:14pm On May 21, 2025
Price of altcoins remains bullish for now.
Re: Crypto Currency Investors Thread by iLegendd(m): 7:17pm On May 21, 2025
geedot:
My volume partner in crime, the Legend himself. I also shorted after that last hourly candle closure. But I messed up trailing my stop too close only to get stopped out at 1.2×R.

I took the trade from the hourly timeframe, so I was expecting it to last till late in the night at least, but price just started tanking immediately I entered my order, I hadn't even set stop before it started bleeding to the downside.

For others on the thread, reason for trade entry: The last time price was at that zone, I spotted absorption by seeing lot of bullish candles but price reversed to the downside, so I marked it up hoping to see what happens when next price comes there.

Price got there during London open and immediately reversed, I knew those that absorbed the move yesterday at the same time were still present there with their orders.

I could have shorted after that long bearish candle back into the zone, but it would require a huge stop, so I knew most of the time price usually retest areas where the move initially occured, so I waited for a retest for a better entry. Immediately the last green candle ended up with a top wick, and couldn't close above the area.

That was the confirmation signal and price whooshed to the downside. Should have made more, but the move was too sudden even for me than I expected, so I mismanaged the trade.
My man, volume is the secret. The moment you understand it, you begin to see the world differently. Once in a while, it'll fail on you, but 80%+, it won't.

I like your way. Simple and clean, no stress, no drama.

Though, for me, my lowest candle to check is 1 day TF (since I'm more of a swing trader/investor) and my best is weekly. I sleep and drink it.

Also, since I use 100x leverage, I need to work with the bigger picture and also have multiple accounts as backups should the bigger picture fails me. I also use another method, with not more than 5x.

Anyway, you're on the right path. When I see someone who is, I always know.

90% of that game is patience and volume. 10% is the rest.

The market rewards a diligent and patient specialist.
Re: Crypto Currency Investors Thread by Qadaffi2idiamin: 7:17pm On May 21, 2025
iLegendd:
When volume does not match price, that is hidden bearish, posing as bullish.

But when volume matches price, that is real momentum. Maybe, the volume will come, but I sense manipulation to create FOMO before a giant dump or even a black swan.
BTC is enjoying whale actions right now.

Do you know how many cooperations are buying into that sequence? Announced and unannounced. So many world over!

Btc might hit 200k in a pretty short time.
Re: Crypto Currency Investors Thread by geedot:
iLegendd:
My man, volume is the secret. The moment you understand it, you begin to see the world differently. Once in a while, it'll fail on you, but 80%+, it won't.

I like your way. Simple and clean, no stress, no drama.

Though, for me, my lowest candle to check is 1 day TF (since I'm more of a swing trader/investor) and my best is weekly. I sleep and drink it.

Also, since I use 100x leverage, I need to work with the bigger picture and also have multiple accounts as backups should the bigger picture fails me. I also use another method, with not more than 5x.

Anyway, you're on the right path. When I see someone who is, I always know.

90% of that game is patience and volume. 10% is the rest.

The market rewards a diligent and patient specialist.
Almost all trading systems fails once in a while but majority carries the vote. If you are winning more than losing, even a measly 1:1 risk to reward would make you feel like a ritualist by the time the numbers started stacking up.

Re: Crypto Currency Investors Thread by Alexas58: 7:36pm On May 21, 2025
Will btc overcome the 110k resistance?

If btc overcomes the 110k resistance, then we can be ushered into a new bull run!

I’ve been out of positions , just waiting for clear signal again!


Short sellers would be easily trapped should btc break 110k

Re: Crypto Currency Investors Thread by iLegendd(m): 7:49pm On May 21, 2025
Qadaffi2idiamin:
BTC is enjoying whale actions right now.

Do you know how many cooperations are buying into that sequence? Announced and unannounced. So many world over!

Btc might hit 200k in a pretty short time.
Hopium is good, but I love to base mine on experience, history, metrics and one step at a time.

Yes, 200k is no longer scary. In fact, it's even small compared to how it's supposed to be, but I won't be blinded by it because when everyone knows what will happen, it does the opposite.

After the day we hit 100k, I knew nothing was impossible, but just time, yet I must still control my hopium and take it slowly with USDT and USDC dominance as my main metric to monitor.

See hopium below on the chart at 325k, but I'm using it wisely. I don't want mine to go above 155k, but I'm done with 150k or even 145k.

This channel has never failed yet in all cycles, but it might this time around based on my findings.

Re: Crypto Currency Investors Thread by iLegendd(m): 7:56pm On May 21, 2025
Divergence waiting to suck more people in before disaster. When BTC was at support of 76-74k, they didn't long, but now, they'd want to long without knowing we need to cool off first or at least consolidate before another flight to the moon.

Re: Crypto Currency Investors Thread by Allthelight(m): 9:28pm On May 21, 2025
Allthelight:
Price of altcoins remains bullish for now.
still very bullish...
Re: Crypto Currency Investors Thread by Allthelight(m): 9:47pm On May 21, 2025
iLegendd:
Solution 1: Swear juJu in your community and the value for your life will outweigh your impatience or greed. You won't sell until that thing you swore the JuJu for happens. Sadly, foreign religions have made us see this our amazing African strategy as evil and primitive. Chai! Oyibo wicked o. They hacked our minds into losing our ways.

Solution 2: Be so rich that crypto is a sand in your wealth. There are currently people at minus millions in their short trades, but they don't really care if they get liquidated because losing 10-100 million Dollar is nothing to them. Some Arabians are here.

Solution 3: Let a government agency arrest you, lock you up and seize your phone like they did to VDD.

Solution 4: Have a friend who's also into crypto. Place a bet that if you touch it, you'll pay him 1m and there needs to be a written agreement + video recorded.

Back in my uni days, we used this method to approach women. If you couldn't, you lose $100 to your friend. You must talk to her or lose your money. Luckily, these Asians and white women were friendlier black women cuz lot of them secretly wanted to taste black action. Even if she rejects you, no problem, at least your money is safe.

Solution 5: Just learn patience by experiencing the disadvantages of impatience and vice versa.
Technically it was yesterday bitcoin reached all time high
Re: Crypto Currency Investors Thread by armadeo(m): 10:36pm On May 21, 2025
Allthelight:
Technically it was yesterday bitcoin reached all time high
huh

How ?
Re: Crypto Currency Investors Thread by GRACEGLORY: 10:59pm On May 21, 2025
GRACEGLORY:
BTC ATH, if GENIUS Act passes.
the GENIUS Act, a U.S. Senate bill passed on May 20, 2025, with a 66-22 vote had cleared a procedural vote in the Senate. Another ATH in view
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