₦airaland Forum

iLegendd:
I posted the below some days ago, but Nairaland bot deleted it, so I decided to use screenshots just to pass the message. It may help one or two people. Who knows?

This is revenge trading, you'll only get burnt more. I think it's more important to understand why you lost the money, stop-hunt, bad entry, greed? this way you know exactly what you need to work on. But then if it works for you...I wish you more greens...

Mizwalterz:
pls what's this fraction for?
I need explanations pls.

It's just to set how many decimal places you want to see in the order book. It's eye candy, no practical function

haryodehjia:
That should b around x40 not x70

You mean 40% not 40x. 40x is 4000%

GreatManBee:
Good day everyone. Please I need help with trading. I have been buy crypto regularly by doing cost averaging. But I want to go into trading. This seems quite complex for me. Can some please give a resource I can go through and study? I will be happy to make between 10-15% profit monthly. Please help a brother.

Technical analysis using multiple timeframes By Brian Shannon

Tolu181:
Lol, i hope you wouldn't knack your head on the wall for this decision..

This thought process is dangerous
Opportunities are limitless, your portfolio is not

Enosa1:
How do you guys arrive at this percentage calculation self... I'm thinking 0.19 to 0.69 should be 50%. Someone educate me please

There you go...

Michael781:
So nobody fit talk
Na wa

No problem
Everywhere good sha

Entitled much?

Y'all are so heartless, but where's the video?

deewhydoski:
Buy Ada if u want to invest for long
Buy Bnb if it is short term investment

Buy where, sell where, run where, or just buy and hope for the best?

The5DME:
Too long to read.

Bros it's a 2 minutes read

PoliteActivist:
Marriage has nothing to do with money. If you love someone see how you'd be eager to marry them, money or no money.
YOU HAVE KIDS WHEN YOU CAN AFFORD THEM!

Right, and we all know love to be blind and foolish, the mofo. Love doesn't put food on your table. "Have kids when you can afford them", really? And you're saying this to someone that wants to get married because it's getting late... yeah right!

60k is less than $150 and you'll live off of that monthly? won't you have kids?

mike8804:
hmm

Buy Fear, sell Greed

Ofadaman:
Easy to say, hard to do

Discipline is very important in the game but it's obviously one of the hardest things, looking back at some of my bad trades, it has always been because I failed to follow my plan to the latter, either because of emotions or ego.

Ofadaman:
Information is Golden, it is actually power.

You may study the charts all you want, it's a lagging indicator and by the time you're taking positions , the players are already cashing out..what makes crytpo really interesting is that due to the nature of the market, it's very inefficient, because information isn't easily distributed to everyone equally , this is why many people see certain coins rise or fall and they struggle to understand the reason, many jump in and lose their hard earned money.

In my journey to game the market, i started trying out technical indicators, from bollinger bands, macd, stochs, alligators, volumes, ichiomuku, and countless others, eventually I started to read about statistics and discovered that with a moving average I can easily build 80%of the other indicators, they are all averages just the period and the weights differs.

Charts can help you spot pattern alright and know physchological points to exit and maybe barriers points to in or avoid.. but they hardly tell u when to jump in.... (Unless it's too late), these days people with basic understanding of the TA, draw funny charts and try to confuse the novice. Its not complex guys, it's just math..

Now, in recent times a new approach has surfaced and few are paying heed to it.. it's the social media noise and tags...

So I went ahead to build a sentiment analytic script on Python that scrubs twitter looking for tags lines on certain coins and their symbols, my plan was if a lot of people are tweetting about it and I can tell how many new mention per minute, if the tweet is positive or negative and if from what region it's coming from, how many followers does the people who tweett these things have and number of likes per tweet,. I could gain the market.. well, I did... But...

Technical indicators except volume lag alright but don't say charts lag, it's not an indicator to begin with, it's a graphical representation of the fight between buyers and sellers and there's no way it can lag. And there's so much information you can glean from those charts if you know anything about price action. Whatever works for one I suppose.

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sKeetz:
Push me to the edge, all my coins are dead.

Nice remix

Hamachi:
it's a coordinated efforts

Hehe...you don't need to wait for the green dildos to start forming before you enter a trade tho. If that's how you trade then chances are you're fomo-ing in, you're going to lose more in the long run if you chase green candles. Also have you considered exchange servers get overloaded during those times because most people also fomo in too?

Terriwaya:
Who else thinks Glo disrupts their network whenever there is a bull run in crypto.

So part of their work is now monitoring crypto charts...switch to another network by all means then

akpos4uall:
Can the leverage be adjusted even after successfully executing an order? For example, on placing order, I used leverage of x7. On noticing that the market favoured my choice, can I readjust my leverage to x100 so as to increase my profit.

No

haryodehjia:
Buy BNB or usdt or busd with it instead of eth

I hope you know usdt and busd are stablecoins

emelueobi:
How do u farm the dodo, is there any YouTube video on this

I copied you to the post where I explained it, you should have a mention

Run LINK, run!

DextrousDavid:
Ohhh.... so that's how it works..

That's not how it works, it has been trading in some other exchanges. Prices go up because of demand and Ɓinance is a big exchange, announcing that they're listing a coin is going to increase the demand for it. Most people will accumulate it elsewhere before it gets listed.

kings11ng:
How?

Go to launchpad on Ɓinance home page, scroll to the coin you want to farm and click stake now, fill in the amount of ƁNB you want to commit, finish. It will be moved from your Spot wallet to Earn wallet. You can un-stake at anytime from the same place and it will be moved back to your Spot wallet. Your coin will still be growing or dumping as normal but you will also be earning free ƊODO too.

cc: GreatManBee, emelueobi

All these people that are hodling ƁNB, you can use it to farm free ƊODO at no extra cost, if you're going to hodl then make the most of it.

Anowax:
I seem to be the only one not understanding this "taking profits" phrase being used here. Or is it the same as normal trading which is buying low and selling high whilst expecting it to go low again before buying again? If that's the case then I don't see how hodl and taking profits will be in the same sentence.

Sorry I am asking though cos the phrase still confuses me till date... Let's take for instance:

I bought 1 BnB @50k NGN and after a week, it's worth 80k NGN... How do you "take profit" in this scenario? Cos if you take away the added 30k NGN from that coin, what's now left for you isn't 1 BnB but a fraction of it.

Unless you're saying you are selling and hoping for it to dip so you can buy again... Then if that's the case, then you're not a hodler but an HTF trader.

Bull runs are not for buying coins with the intention to "hodl for many years", it's time for taking profits. Taking profits could mean selling off your bags (that you bought in the preceding bear run or at the beginning of the bull run) bit by bit at different price points like 2x, 3x, 4x, it's really up to you. Even if you sell off everything once and buy back higher, as long as you buy at a strong support and the coin is in a confirmed uptrend, you'd most likely still sell at good profit.

The truth is no one knows where the ceiling of the bull run is, ƁNB could run up all the way to 1k, 2k, the bull run may just be starting for all we know, the only certainty is that a bear run will follow. And if coins can do 2x, 3x now, who says they can't do -2x and -3x in a bear run? Even if ƁNB pumps to high heavens now, it'd still have massive correction later, and that is the right time to buy with the intention of hodling, although most people still wouldn't then

bizzibodi:
I no know wether d system dey monitor my small orders
...after waiting for hrs,days for price to fall...no show but when I buy,
d coin will fall further b4 my eyez...when I want to buy a fast coin lower..d coin go show me olsen bolt na so I go miss that opportunity..when I sell a coin
few moments d coin go enter moon..bnb dribble me no b small..after I vex buy am I come sell am now he don pass Ath.

Chief abeg buy na, some of us have been waiting for a pullback, so na u dey delay market since

IyaTola:
The happiest people in the world often have the least possessions.

Story

sKeetz:
Exactly. Someone needed to tell him this. He is the only source of fud and bad energy on this thread. Nigga needs to take a chill pill.

Doesn't mean he's wrong though, people need to be reminded that bull runs don't last forever, with the number of people asking for long term coins to hold now, how many of them can stand a 95% pullback...also fud is not necessarily a bad thing like you painted it since the market can be traded both ways. While some are bathing in euphoria from the bull run, others are smacking their lips on the sidelines waiting for a sign of weakness from the bulls so they can have their own field day. It's good to be cautious and alert to market structure at all times so as to secure your profits and limit losses.

fusionchimera:
BAOUSDT BUY FROM 0.00135-0.0014 TARGET FROM 0.0022

Thanks for this call chief

PedigreeCity:
I bought the coin from my binance usd.t wallet

And pls how do i go about the apeal?

Note! The money is still displaying on my usd.t only dat i cant use it to trade further

It's probably a limit order, in which case your set price has not been hit, go to trades tab, you'll see your open orders.

You shouldn't be trading until you at least get a hang of the app, you're playing with fire.