₦airaland Forum

JackDaAlienz:
So I'm broke like this and the guy don block me.

Omo if I had seen this thread I swear I wouldn't have given him that cash to trade.

I guess I have to track that guy to warri. Omo

Thanks for the advice, but it's already medicine after death

Nxt tym before giving your money to someone or take crypto advice from someone.
Let it be someone you are sure is truly earning from crypto.

The fact that someone spent lavishly, claiming that the money came from crypto, is not enough reason to believe him.
The fact that someone always post only what you will like to read online, claiming he is the only one profiting from crypto while waiting for Altcoin season, is not enough reason to believe him.

seanwilliam:
Not to support your friend, but it’s very possible .
Infact, if he was trading future and he’s still able to come up with 38$ after what happened last week, then he’s a good person. 99% of leverage wiped out that day , the biggest liquidation ever in crypto.
Also if he’s into spot (which I doubt ) it’s still possible he lost it because some alts dumped 90% that very day and 99% of those coins have not recovered to that pre-crash point. ( don’t forget that recovering that fresh doesn’t mean profiting sha)😀

Welcome to crypto bro…📍

What happens after this loss? How do most people regain financial stability?

MamaFutures:
There is no such thing as "Money You can Afford to Loss".

Rather, it is "Money You can Afford to Risk".
& Hw to calculate & minimize the probability of losing that money (AKA Portfolio Management).

.

JackDaAlienz:
the guy tried explaining it to me but I still couldn't understand. All i knew was that he was successful in the crypto business.

I just have a feeling that he scammed me
I gave him that money August this year and he said by November it will increase to 400+
Now he is telling me that it reduced to 38 dollars?? How?

try learn crypto spot trading yourself and cut your losses and move on ti the next one

Several months ago I changed my objective in crypto from profit making to capital recovery meanwhile the market keeps dipping further and I'm still loosing money from the the capital I have left

As from January 2026 apart from BTC there is nothing on the face of the earth that will make me invest my money in an altcoin that is not in the Top 20

LincolnOnyeabor:
I have closed already self. Saw an Fvg on the daily timeframe and scaled lower. Saw the sweep of liquidity, and another Fvg on the lower timeframes from H4 to H1. Placed the entry on the Orderblock there.

Seems you've changed style of trading. These ICT lingos are something I'm not familiar with what they meant, but if it gets the job done, then fire on.

ElectronicMoney:
As from January 2026 apart from BTC there is nothing on the face of the earth that will make me invest my money in an altcoin that is not in the Top 20

Just stick to btc , with the current market condition there’s no difference bidding top 20 and top 500.
If you check those coins in top 20, they’re down 60-80%.
Except eth, sol and bnb, none of them have hit previous ATH. These people are extracting liquidity with alts.

Gerrard59:
What happens after this loss? How do most people regain financial stability?

some exit the market and face real life husle. Some start all over believing they’ll make it back.. Some go broke patapata yányán.


It’s magic internet money my bro

geedot:
Seems you've changed style of trading. These ICT lingos are something I'm not familiar with what they meant, but if it gets the job done, then fire on.

My boss, I didn't oo. I don't even know a thing about ICT sir. I just broke the trade down in such a way that others could understand what the idea behind the trade was sir.

How is it going on your end sir

ElectronicMoney:
As from January 2026 apart from BTC there is nothing on the face of the earth that will make me invest my money in an altcoin that is not in the Top 20

Even the top 20 altcoins na risk
Apart from Eth & bnb, the rest alts keep rotating & can fail at anytime. Ton was among top altcoins months ago, see where it is now.

seanwilliam:
Just stick to btc , with the current market condition there’s no difference bidding top 20 and top 500.
If you check those coins in top 20, they’re down 60-80%.
Except eth, sol and bnb, none of them have hit previous ATH. These people are extracting liquidity with alts.

I did some research few months ago & discovered most of the altcoins that peaked in 2017, couldn't make it back to one quarter of their 2017 ATH in 2021. A popular altcoin that did $1000+ in 2017, which everyone would think by now will be around $5k+ couldn't even attain a price of $200 in the peak of 2021 bull run. Today that coin is around $50. Since then I became very careful of alts.

The worst mistake anyone can make is accumulating altcoins for long term, it is risky. Someone once said the only true coin is Bitcoinn, every other coin apart from Bitcoinn is being controlled by group of persons. Get into alts & leave immediately u see profits. Anything can happen among the developers, that is d risk. Imagine Mantra OM moving from $8 to $0.1 within a twinkle of an eye.

GRACEGLORY:
Do you still believe that the market cycle is four years long, iLegendd? BTC may be in a new cycle that differs from the traditional four-year cycle due to the recent flush. Bitcoin might be in a megacycle perhaps. The cycle is being prolonged, may be because of adoption. This cycle may lapse till December 2026.
I have no doubt, but a conviction that Bitcoin will decline by at least 30-35%. and may need to light up at least 64% BTC. D before that drop to 30%.

Even though the halving remains, the xpectations from the previous cycles, may not exist anymore. But one thing is certain, liquidity rotation (from STOCKS-BTC-GOLD-BTC-ALTS) hasn't changed. The number one rule of the game is, Patience.

JackDaAlienz:
Hello guys. I'm newbie in trading.

I have a childhood friend who was heavy into crypto. When I got my first gigs on Fiverr he told me to use the money and trade crypto.

As someone who doesn't know anything about crypto. I left everything for him as I always saw how successful he was with crypto.

I gave him $218 and he promised that by November it will turn to $300+

Fast forward October 13th
I got a very sad news that the company I was doing remote job for in Canada has fired us and replace us with A.I

Then still in agony I called my friend to tell him to withdraw the $218 I gave him to trade for me and he told me crypto crash and he can only give me $38

After very heated call I had with him it seems he blocked my number!!!

Please what should I do
I'm literally feeling suicidal and lost all my money and don't know how to recover my $218

Please crypto people is there a way I can report him and have my money back.
I google crypto and they say it is crashing I have already lost my job. and I don't want to loss my money.

I'm truly sorry you're going through this. Losing your job to AI is tough enough, and the added blow of losing money in the crypto crash must feel devastating. I know firsthand how hard it is to fall with no safety net. It's okay to feel angry, hurt, or scared right now, even thoughts of suicide are understandable in such moments. But please know you're not alone. The crypto market did crash hard around October 10-13, wiping out $19-20 billion in leveraged trades. Many portfolios took a hit, but there's a key difference: spot investments are tied to commodities and can recover over time, while leveraged trades are riskier bets that can lead to total losses. So, my question is: Was your money in spot or leveraged trades according your friend? If it’s in spot, and the tokens or coins are reliable, take ownership ASAP as your investment can will recover with time. But if it was leveraged, consider taking the $38 you have left and reinvesting in spot. I can’t predict how long it’ll take, but holding steady will pay off.

As for your friend, try to forgive him. He was likely doing his best and didn’t foresee the crash, none of us did, though some of us expected a correction but not a flush as this. Don’t let this ruin a lifelong friendship. Emotions are intense now, but they’ll settle with time. This friendship might still be a lifeline for you or even your families in the future. Hold on, and don’t make decisions based on fleeting emotions. I know things are tough for you right now, but trust me, even this phase shall pass, this story shall be updated as you recover.

If you need guidance on next steps or just someone to listen, I’m here.

Take heart, dear bother. ❤️

Robnectar:
try learn crypto spot trading yourself and cut your losses and move on ti the next one

I tried learning crypto but the whole thing look weird and hard for me to grasp with all the graph and I don't have much time since I'm doing different side hustle

GRACEGLORY:
I'm truly sorry you're going through this. Losing your job to AI is tough enough, and the added blow of losing money in the crypto crash must feel devastating. I know firsthand how hard it is to fall with no safety net. It's okay to feel angry, hurt, or scared right now, even thoughts of suicide are understandable in such moments. But please know you're not alone. The crypto market did crash hard around October 10-13, wiping out $19-20 billion in leveraged trades. Many portfolios took a hit, but there's a key difference: spot investments are tied to commodities and can recover over time, while leveraged trades are riskier bets that can lead to total losses. So, my question is: Was your money in spot or leveraged trades according your friend? If it’s in spot, and the tokens or coins are reliable, take ownership ASAP as your investment can will recover with time. But if it was leveraged, consider taking the $38 you have left and reinvesting in spot. I can’t predict how long it’ll take, but holding steady will pay off.

As for your friend, try to forgive him. He was likely doing his best and didn’t foresee the crash, none of us did, though some of us expected a correction but not a flush as this. Don’t let this ruin a lifelong friendship. Emotions are intense now, but they’ll settle with time. This friendship might still be a lifeline for you or even your families in the future. Hold on, and don’t make decisions based on fleeting emotions. I know things are tough for you right now, but trust me, even this phase shall pass, this story shall be updated as you recover.

If you need guidance on next steps or just someone to listen, I’m here.

Take heart, dear bother. ❤️

bro as in I did thanksgiving in church that I finally landed a remote job.
My mama dance dance tire. Only for me to get fired and replaced with A.I this month
Now I'm hearing my last line my last resort is also gone💔💔
It just feel like I was crush by Dangote truck on speed.

The only lesson I have learnt is that nothing in this life is worth it.

I think God made me travel out of warri
If I was still in warri, i would have stormed his house and cause major chaos.

Yes $218 might be chicken change to some people but that was my last resort!!!!!!!!!!
My hard earned sweat😔😔 I starved myself and saved that money bit by bit.

I trusted him because he was doing successful in crypto. That's all I know. How he does it I don't know. Even when I tried to inquire how he does it I still I could not grasp it. Hence I left it for him.

Secondly he didn't tell me about the ridiculous risk in crypto. I needed explantation as what went wrong. Instead he blocked me
I am a sports gambler and there is no way on earth you can loss $218 in sport betting unless the person is a big mumu.
So how can a crypto expert loss such amount??
I still have hard time believing he lost all that money. It just don't make sense.

Here I am
Job lost, my last cash all gone❌❌❌
I can't even look myself in the mirror
Lost everything. Life can be so brutal

seanwilliam:
some exit the market and face real life husle. Some start all over believing they’ll make it back.. Some go broke patapata yányán.
It’s magic internet money my bro

Thanks for your response.

I stick to my philosophy of making money: Produce a good and sell. Invest the profits in real estate and shares of formidable companies. I don't know why, but I have never been at ease with crypto. Maybe because I missed out on the first cashout wave or upbringing.

Good luck to those involved.

JackDaAlienz:
He has been into crypto since we were flatmates
I saw how much he made but then I wasn't to sure due to all the scam stories I heard about forex guys.
He made money from crypto I was there at his traditional wedding so I know how much he spent to organize it was made from crypto. So I trusted him very well to help me out in trading.
Since I don't have time to be learning trading I gave it him since he has so much experience
He told me that if I want to be like him I should have started trading with him back then. .after much convincing I gave him my last $218 to invest.
After I was sacked this month I decided to reach out to him to withdrawal the money and any profit interest it has. he tells me that crypto market is doing cycles. That I should wait till December which angered me and I told him I'm not doing again that he should withdraw the remaing money. To my shock he said it's $38 dollars that is left.

He has now bloavked me and I don't know if I should involve police or what I'm so shattered. My hard earned savings just go like that how can 218 dolls turn to 38.

See me thanking God for not falling for CBEX only for me to fall into crypto. Nonesense!!!!

I’m sorry you lost your job and also your money.
Crypto traders got real liquidated 2 weeks ago and I’ll not be wrong to believe that your friend got liquidated too. Not just yours alone but also a good part of his portfolio hence the trigger to block you.

Try to come to an agreement with him first, give him sometime to fulfill the agreement too and hopefully, you’ll get your money back.

But if after sometime and he still fails to acknowledge your attempts to reach out to him for an agreement, then you can take other actions.

Stay blessed up.

JackDaAlienz:
I tried learning crypto but the whole thing look weird and hard for me to grasp with all the graph and I don't have much time since I'm doing different side hustle

forget graph issshhhh,... there are ways u can buy on spot then hold for sometime,... i can still put u through if u want,... like for now u still have opportunity to still buy Ethereum and some tokens on spot,.. just buy hold and be patient,.. thats all

Discouraging people from leverage trading, simply because you have no knowledge about it, is not a good behavior (the behavior is bad & infectious).

And encouraging people to keep holding on to their spot position (or bag of Altcoin), with the hope that one day it would eventually pump to their entry price, is not also a good behavior (the behavior is also bad & infectious).

You can't explore your full potential nor be profitable on a year to year basis with the above bad behaviors.

Robnectar:
forget graph issshhhh,... there are ways u can buy on spot then hold for sometime,... i can still put u through if u want,... like for now u still have opportunity to still buy Ethereum and some tokens on spot,.. just buy hold and be patient,.. thats all

nor b you dem say get full exchange for portfolio?

sweetveek:
nor b you dem say get full exchange for portfolio?

yeah I'm the man with the bag 💰,
i own an exchange

GRACEGLORY:
Success is hard... Very hard... Success is extremely wickedly hard.

Brethren, success is a brutal climb...
Becoming successful is hard. Not just challenging, it's painful, very painful, as if the pain could kill you.

Success rarely arrives on a silver platter; [b]it's forged in the fires of unyielding effort. Think of the entrepreneur who pours every waking hour into a startup, only to watch funding dry up or competitors swoop in.

For 3 good days (72 hours), straight up, only thing I had my focus on and all attention on was blockchain and crypto. Studying, and researching for indepth understanding. And thereafter, I got on exchanges, and began what has come this far today... I'm not going back here. I had an idea of the cost, so I chose from the beginning that I won't gamble for quick gains that wipes away money.

I've survived, Mt. Gox Hack, the DAO hack, LUNA collapse, FTX collapse, 3AC/Voyager/Celsius bankruptcies, Trump Tariff liquidation, and the recent market flush. I'm still here, I won't back down.

Success requires complete dedication and a commitment to move forward without wavering, without letting doubts or setbacks cause you to waver or quit.

The question is, are you doing it right ❓

ElectronicMoney:
As from January 2026 apart from BTC there is nothing on the face of the earth that will make me invest my money in an altcoin that is not in the Top 20

Welcome to the club. As from now on, my portfolio position for altcoin will never exceed more than 5%.
The only crypto worth investing in is btc

GRACEGLORY:
Just so y'all know

I'M STILL BULLISH EVEN WHILE I'M SILENT

Put my back down, I won't back down.

Believe me or not, we're going to have the most massive bull run for Altcoins since 2021. Becareful with BTC from here on

GRACEGLORY:
Believe me or not, we're going to have the most massive bull run for Altcoins since 2021. Becareful with BTC from here on

We respect you bro. This is the 100th time you are calling for altcoin yet it has not materialise.

Anyone that heeds to your erratic Altcoins calls and bought anytime you shill altcoin must have lose at least 50% of his portfolio.

If there's anything that even the dumbest of us should learn this season is that altcoin are never good for holding, it is only good for short time trade, even at that no one should risk more than 10% of his portfolios in Altcoins.

With the cycle likely in its final days and risk of inflation coming back, it is ridiculous to be selling people hopium that they will have massive gain in altcoins.

People already got burnt several times in Altcoins, so retail might not come back in drove to pump our bag like 2021

GRACEGLORY:
Believe me or not, we're going to have the most massive bull run for Altcoins since 2021. Becareful with BTC from here on

COPIED

📉 Altcoin fatigue hits new lows

A basket of the top 50 altcoins is now trading below the levels seen right after the FTX crash in 2022, even while Bitcoin remains above $100K.

➡️ BTC dominance keeps climbing as liquidity stays trapped in majors
➡️ Most alts have erased the entire 2023–24 recovery
➡️ Market sentiment looks exhausted despite macro strength

The rotation never came. Altseason is officially a ghost story.

GRACEGLORY:
Possible scenario with BTC, $115-116K, then, $108-107K

BTC had hit the figures as suggested, and dipped to the $103K even though I wasn't expecting that $103K. Crypto could be erratic. Well... At this point, I'm anticipating, $112K, $113, $114, $115K.

Just to make this clear, and to poke critics in the eyes. .. I'm bearish on BTC, and Bullish on Alts. I'm a bulliever for Alts. Ogogorofreak exercise caution ⚠️ on BTC.

Seewahala and bet9javirtual have you jealous graceglo today?

MamaFutures:
Discouraging people from leverage trading, simply because you have no knowledge about it, is not a good behavior (the behavior is bad & infectious).

And encouraging people to keep holding on to their spot position (or bag of Altcoin), with the hope that one day it would eventually pump to their entry price, is not also a good behavior (the behavior is also bad & infectious).

You can't explore your full potential nor be profitable on a year to year basis with the above bad behaviors.

Hodling on spot is far far better than trading futures. Infact, I believe one had to be mentally unstable b4 they can see it as a good idea to trade future.

I'm not talking about those Hodling $USELESS, $STUPID and $SENSELESS in their wallets o.