₦airaland Forum

One timetested strategy for gaining entry into strong coyns during a bullrun is to wait for a retest of the weekly ema... Eventhough the market may look shaky, sometimes, these things have a way of adding up. Mostly, it gives the best risk/reward in a trending market... Reason being that if it looses the weekly support, one would still get an opportunity to cut at close to break even

Many times when folks buy the top, its simply cos tgey refused to zoom out. Personally, I wouldn't enter a coyn at this stage of the market without looking at the weekly chart...


This principle stems from the fact that in a bull run, bitc0in and most strong coyns will generally hold their 21week ema and keep bouncing off them until they top out.

This is ada which is hugging support.
Next is xrp which has also bounced off support

2ubaba:
Please can you chart $Ant? the breakout look massive

I generally do not chart coyns I don't trade... Reason being that I don't have as much info on them. Apart from charts, I usually monitor coyns for a while to see their behaviour in pumps and dumps before entry.
But if it looks good to you, why not... On a quick scan thru, I noticed it's still below the 21 weekly ema... Mostly, I prefer micros to be abv b4 entry

Quick update on coyns I had mentioned last week and what I'm doing

jedisco:
1. Matic.... A good weekly close abv prev resistance...
I think ATH at 2.4 is programmed on this.... A dip to between 1.6-1.7 should be a retest of previous support and good loadup zone

1. Matic- trying to flip 1.8 to support... Not done much

jedisco:
2. Sol....

After the initial rally from 40 to 200, it's consolidated for some weeks... I'd been waiting for the weekly support to trend up and push price up... That now seems to be happening... Good breakout last week and this is looking like a retest.

180 on this is a buyer for me... Anything less is discount...
A continuation of the initial rally should take prices upto 300 at least

2. Sol- Good breakout... A retest of 220 should be a good re-entry point. Me thinks 300-400 is programmed on this one.

jedisco:
3. Axs....

One of the meta verse linked coyns that failed to pump eith others.... A flip of 140 should bring a rally...

Its worth noting that this coyn was trading for 2 dolls few weeks back.. so I wonder how much strength it still has

3. AXS- successfully flipped 140 where I got a small entry... Beginning to look tired and as stated before I don't know how much more is left in it... Hoping to eck a 2x outta it. Also has brilliant staking rewards

jedisco:
4. Wrx....

An exchange token linked to binaz... With a number of micros putting in straight green candles, I scanned around and came upon chz and this... Chz has since pop'd... This on the other hand is shaping up to have 5 tiny green weekly candle... Mostly, that's followed by a fat green one.... Either way, it's been consolidating at this range for a while... Getting in here ain't a bad bet for the long-term

4. Wrx... Got a rally to 1.2 which was quickly sold into.... Didn't bother taking profits but rather looking to readd at 1.5... looking at where it's been, the potential risk adjusted rewards look good...

jedisco:
Finally.... Doge.....
It's day will come... That day seems close

5. Doge- still bidding its time....looks close...

Going forward, the other places I see new alpha are in football tokens, crv. Dot also if it flips 50

Cannicus:
If BeTC rallies to $100k, alts will bleed like the last time it made a $67k ATH.

After BTC finishes pumping, EiTH and other alts will follow with 5-20X. That is the time I expect a $1000 Solana, after which comes a crash/correction or bull market. Or not.

Your conviction that sol will get to 1000 reminds me of conversations had here round bnb earlier this year of it getting to 1000 and overtaking eith.

For the love of my bags, let's hope you're right...

Cannicus:
$1000 is actually modest. If BeTC hits $98k.

If it keeps following EiTH's growth path it will get to $4000 and surpass it sef

But definitely not this year. And not financial advice either.

Who would have thought SHIB would do 4 times the volume of BeTC for almost a week.

Almost nothing is indeed impossible with crypt0.

Things don't work like that in crypt0....

Lemme ask, at what price did you buy sol?
Also, did you sell your other tokens to buy sol?

Cannicus:
Would a $1000 Solana be impossible in that scenario?

Nothing is impossible in this space... Just being mindful that sol has done a 10x already in about 2-3m while other coyns watched.... Also, a 1000 sol is a 4x from here, there would be other coyns which could deliver a better roi for the rest of the market...
Sol is not a bad hold and I still own it... But if you get on a bus late, you wouldn't expect the driver to keep driving only you after he's reached his final bustop....


At the valuation it's getting to now, further big moves have to be accounted for by trading volume....

Ibime:
Floor for now is 30 cents unless another whale bucks which is unlikely since the whales are known. Unless a whale had been sick with Covid, he would have sold at 60 cents. But I'm confident of 66 cents this month. Of course I don't need to preach about sensible capital allocation.

Hehe... I want to put 1k in it and feg and let them be my wild cards for this run....
Abi e get another one mk I split an 700 each

An overwhelming part of my portfolio is staked in stuff wey I sabi already...

Ibime:
Divine is around 33 cents but has had two runs to 60 cents. It would almost certainly hit 66 cents this month and $1 by end of December.

Dev is deliberately manipulating the price to prevent a pump and dump scenario by sometimes pumping it to allow whales to exit and doing buybacks when it hits a price floor to allow more whales exit. He hasn't started marketing deliberately for that purpose. Growth is purely organic. Fingers crossed for that one cos I have 140k tokens to be unlocked and some riding now for the December target.

So the floor is around 30 cents right?
Also do u think it has it to go past 1 dolls very well?

Toh abeg show me the way mk I follow who know road and dabble into the world of unlisted coyns once in a long time...

Cannicus:
What happens when BeTC makes a new ATH at $90-$100k according to PlanB's Stock To Flow Model and retail FOMO sets in, pushing the total market crypt0 valuation from $2Trn to $10Trn?

Good chance but that's to happen...
Also, I wouldn't be waiting for absolute numbers of bitc0in goes on another rally.... Once the market starts heating up, I start scaling out just like I scaled in

Ibime:
XRP have a conference coming up on the 12th, and growing anticipation over their court case. That thing must surely pump before bullrun is over.

FTM is underpriced in comparison to SOL and others

I also overtraded SOL and SHIB, playing various levels when a HODL would have been life changing rather than life improving. Only one I played well was ADA TBH cos I sat in it.

Safemoon was a scam that grew too big for the Dev to go through with. He is still holding too much supply as do other whales. I don't think it can be listed with such structure.

You still dey deploy fiat? I only deployed fiat once in January and have now returned 2.5x of it home. There is a freedom that comes with trading only profits that allows one to make more risky capital allocation moves. That was partly the reason I returned a good chunk home, to cut out the capital protection instinct. If not for that instinct, one could have closed eye and put major capital in certain coins for a HODL.

Yeah... Heard about the conference na why I dey hold. It'd definitely pumps soon just that the ROI over the duration of the cycle wouldn't match other tokens with more utility.e.g eith,bnb.. That's why I'm hoping to use it's next pump to cut down my position in it.


Youre quite bullish on ftm... I go dey look am though I already have enough layer 1s... Terra, avax ada and One.... Also ftm is very well extended from its weekly support... If it comes down to it or consolidates for the weekly to catch up, I might seek an entry...

Overtrading no good... Time is coming for that... Na why I just dey look my dot... Didn't take any profits at ATH... Make the thing complete its journey first.

I deployed fiat during this dip when it became clear the top wasn't in...moreso after the hash ribbons flashed a buy signal.... I was quite strict on levels at which I deploy e.g didn't buy any dot abv 30, and know when to stop... If bitc0in dips once more, I'd likely make my last buys of this rally.....
Most tokens could still do a 2-3x from current prices if bitc0in goes on a rally.... Also, I didn't want to find myself deploying during the heat of an alyt market....

Eitherway, if I 3x my total portfolio (which is very modest as I prefer to undertarget), e no bad... One part would go to yield farming several protocols and remain in crypt0 (hopefully to be deployed in the next bear market).. One would go back to source and the last would be used to tidy expenses I'd still have to tidy next year eitherway.

This whole move reminds me of last year, but this time, it's happening quicker...

StrafordSTONES:
Thanks boss...I nearly fell for that small pump this morning, thinking it had broken out at the back of BnBs surge

Rather than overtrading, you might just want to hold both until the advantage becomes clear...

Bnb is close to its ATH so there's a good chance it'd stall

Opinedecandid:
Profs, pls what's the best easisest and cheap want to swap etc 20 tokens on Trust Wallet. Help a brother.
Thank you.

There's no cheap way for erc20... Welcome to the world of eith...

Perhaps, if there's a market selloff, gas fees might drop a little and you can then swap to a cheaper chain

Ibime:
Liquidity pool too low on Evergrow, and whales can move price 50% in minutes. I played it for a 2.5x and dumped.

I also think Safemoon has had its run. Safemoon will never gain acceptance into Bïnance or Cõinbase exchange, probably not Kucoin

Don't know much about Feg but their community has always made noise on social media. They have their own exchange FEGEX so they could transition into mainstream acceptance.

For this area of the market, I'm mostly playing new launches

Not a bad strategy....

Why would they list it safemoon... Are the devs suspect?

Also, how about Divine... How's it holding up?

Codebite:
what's your take on $DREAMS token, bought it at 1.7$ now 0.4$ do you think it'll be a great 10-100x coin?

There's so much negativity around it right now...

Seriously, no idea on this... Never heard of it before...
I'm not saying you should panic and sell the bottom... At this stage of the market, selling for a loss isn't the best

aumeehn:
some don't pay attention to MC. 30bn MC is very huge honestly.

It's huge definitely....
But then, if bitc0in doubles or triples its market cap, then 30 B might just be the new 3B

Ibime:
Thanks for this. I'd say most Layer 1s have had the majority of their pump. Coins with most measurable upside for me are FTM, XRP, One and Matic even though only ONE is in $1-$5bln category.

Stillmatic really played that HODL like an OG. Sometimes the best thing to do is HODL, which is like OpenHeaven strategy. Na why I just hold FTM and XRP and don't look much at Bïnance again

As in ehn... The guy came in and showed OGs how it is done... Personally, I wouldn't have gone all-in into one coyn... Some coyns fit frustrate

Matic will move and move well... Na just when

Xrp na one kind useless coyn... It knows how to frustrate folks... I bought some earlier around 0.5 and 0.1 when I was scattering my bread... The good thing about it is that it pumps like a micro na why I just dey hold am... Once it goes on its next rally... Hopefully, one that'd take it to ATH, I go just selloff move to other things... Everything xrp promised to do has been taken over by other smartchains... Either way, it's the only major left to shake body. Na to hold until it moves

It's becoming obvious that the future of crypt0 now is defi... Likely that's why the old coyns with no viable blockchain are suffering... Just look at eith... Fees and staked eith alone is enough to give it structure...

All-in-all, this rally hasn't been a bad one so far... I've not really started taking stock as I'm still looking to buy. My annoyance na sol and shib... Didn't maximize those two as I overtraded them... Shib alone should have given me over 200k if I did the right thing wey dey obvious to me...
Na after shib wey I go stake half of my ONE and most of other coyns I hold... Highest I use the remaining half to trade and accumulate more.... If market goes as planned, na January the better cash out go start...

But then, most of the coyns I hold have started doing stuff... Accumulated dot well below 30... Same with LINK too...and recently ada at 2.... I no dey even look them. Hopefully, they should do close to 5x...


After this rally is done, person suppose get good amount of stables yielding profits. Na where I go deploy my final fiat now I dey find

Ibime:
@Sailor1, looks like your PSG is pumping

Hehe... I never buy sef....
Eitherway, let it close the week first... If it's green, I'd get some of it and juv....

Just that betece is still stuck in a range on indecision

For meme coyns around that range or below, it's a tricky one....

Currently looking at FEG, safemoon and evergrow coin...
Another is btt...(not a classic meme coyn)
For meme coyns, I'm drawn to those who have pumped heavy in the past but now sold off... For a coyn to pump, there has to be some degree of popularity...

This is not my forte and I'd need advice here...

@ibeme any thoughts?

Brings me to my main point, with the testimony by @stillmaticog its more obvious that buying and holding certain coyns isn't a bad strategy afterall for this stage of the market. Time for day trading huge swings would soon come

It does seem that for coyns listed on multiple exchanges, the sweet spot is between 1-5 bill usd.... It's sensible that good projects in this range could see upto 10x move and largely outperform the market before the current market cycle tops out.


The problem now is knowing what good projects lie in this range... I've been looking into this lately and these are my top 5 picks for now (excluding meme coyns)

1. Harmony... A layer 1 which has gone largely unnoticed but has performed well... Since this rally, I've got more than a 3x from harmony... One thing peculiar about it is the fact that it has deep retraces after a good rally so one can easily compound. Staking rates are also not bad... Personally half of my stash is staked while the remaining half is traded... Also the 'cheap' listing price could attract new folks... With a current valuation of 3.6 B, I believe it could do a 10x...


2. CRV... For the layer 2s, it has the highest value locked right now. Most of the crv tokens are staked long-term. Yet it does seem to have a much lower market cap than layer 2s with less TVL and following... I believe it'd catch up soon. I'm not yet in, but would look to get in. I'd expect a 5x at least.

3. Chiliz... I'd regard this as a layer 1 too... It and it's sport tokens have hardly moved

Others would be
a. Kusama... The baby brother of dot.... Has been a strong one for a while but its 'high' price tag seems to drive new folks away
b. Tfuel... I don't know what this coyn does but itd pump when it would. No doubt

C. Aave and cake.. close call but I'd go with cake...


There are strong perfomers in the 5-20 B range, but I'd skip this. To me, the top dogs here would be terra, avax, link matic and .....

I'd like to hear people's thoughts

Still on market cap,

I own both shib and doge and while I believe they both have it in them to do a 5 -10x from current valuations... But with both sitting at close to 30bill, the sweet spot has also past.... So folks looking for 800x (hehe) wouldn't get it from shib or doge at this point....

I see people calling for a 1000 sol... This reminds me of the calls for bnb to 1000 earlier this year. While nothing is impossible I think sol to 1000 next few months is unlikely except we see a very very huge move in the whole crypt0 market... Sol has closely followed bnb lasts rally and it wouldn't surprise me to see it top around 600 in the coming months

The simple reason is it's market cap. This is something largely overlooked. It required much less volume for sol to do a 8x from 30 to 250 than for it to do a 3x from 250 to 700 with a market cap of just under 80 bill currently.

While I still hold some sol I bought at 50 and wouldn't be selling until close to 600, I do believe the sweet spot on returns has passed

StrafordSTONES:
@Jedisco, what do you think of Cake? Do forsee a pump following BnBs Rally?

So far, it's been layer 1s performing well... Eith, bnb, sol, ftm, one...the list goes on

Layer 2 coins have generally struggled... Even on eith, the like of aave and uni have struggled to keep up....
Money will definitely flow into layer 2s while layer1s cool down but it's difficult to say when and I don't think the time is ripe yet....

Cake looks nasty against bnb though it is at a weekly support against it now. That support hasn't been traded as well so its difficult to say if it'd hold...

The staking rewards on cake are good (abt 75% on pancake swap) and abv elsewhere. I have some I intend to keep for the duration of this market cycle. Considering it's market cap and price, I could see a 5x this market cycle and might even outperform bnb at some point... But I wouldn't be converting more of my bnb into cake just yet. I'd rather ride both until the advantage becomes more obvious....e.g if cake keeps selling off into the lows

stillmaticOG:
I owe a lot to this great thread, haven't been an active member but I've always been a silent reader hear.

I first heard about Solana from this thread, decided to buy it when the price was $30 with $30k.

Now the price is almost at 260 and I'm almost 260k rich

An added option would have been to stake. Binaz offers upto 10% apr for sol... If staked since you bought at 30usd, could have got upto 5kusd extra

Chikacha:
when they did not swear for that person why chase wild goose when you can chase the wind and still reach for the moon

Nna you get church mind sef oo some people? The whole community is so dedicated that the depression would be an endemic.

Hehe... Anyway, don't underrate the power of a huge community...
Na those kind coyns whales dey target to cause havoc....

Eitherway, before it starts attracting big money, it has to first go mainnet and be listed on a number of cexs

stillmaticOG:
I owe a lot to this great thread, haven't been an active member but I've always been a silent reader hear.

I first heard about Solana from this thread, decided to buy it when the price was $30 with $30k.

Now the price is almost at 260 and I'm almost 260k rich

Good stuff... about the best post I've seen in a while
This is what catching the winners and trading the high time frame means

Chikacha:
I was so weak. I could not type a response. I know of some people that will never do Crypt0 with their money but they'll NEVER I repeat NEVER miss a day of Mining PI.

On the contrary have u ever seen anyone with abv 5k usd in crypt0 (or even 2k) mining pi?

Either way, lets see what their mainnet launch brings... Cos if e no pure, some people fit dey depressed

Scanning thru random weekly charts against bnb of coyns that have been trending lately...

Last weeks candle of One and Ftm foretold something...
Things are so much easier when zoomed out

Stundey:
Weytin person no go see for this thread?
PI miner dey predict loom for BiTiCi

Hehe...

If I tok, dem go say mk I use my head.... Anyway, December is around the corner... Hopefully their ever awaited ICO is successful

FomoKING:
Use your brain not your �.. Do a research before you talk any shit

Oga no vex... Continue chatting with moncada

jedisco:
A while ago... I bought some micros with a target of 2-3x in the short term... Gladly, some have started yeilding fruit... They were keep, nkn, mana, perl, beam,ckb, blz

Keep did a 2.5x from entry...
Mana is now on the move... Will look to to at close to 1.5 and hopefully buy back lower or add if it flips ATH

Going forward, I'm not keen on extending into other micros yet... But just compounding on chosen coyns...

For coyns which have pumped, I'd double my initial entry position on a retrace and target another 2-3x

Keep ✓
Mana ✓
CKB .. in progress
NKN, PERL,BLZ, BEAM......

Thinking of cutting perl... Don't like the structure

Looking to re-add on KEEP.... Looks like it's prepping up for a second journey... As I said previously, my plan is to continue playing the winners until they top out


Playing micros at this stage of the market can be of less stress... They don't respect TA as well so its all about entry and risk/reward. It's important to get in at the base...
Tip....With micros, the weekly chart is the secret

There are two other weekly charts I'm monitoring and would share soon

jedisco:
With PSG, I want it to have a weekly green candle first... From current valuations, an x3 is on the cards

jedisco:
Took a position on this at 0.4... usually, I don't trade to catch the bottom but it does feel good to snipe the bottom/top from time to time...

Over the next 1-2 weeks, I'd look to get dome exposure to sport tokens... Currently looking at psg and juv..... Not decided yet.

Also got some wrx at 1.4 which looks to have held

Chz did retrace, and I got an entry... Sadly, the size of my entry wasn't as much as I'd have liked...
Reason why I like getting an exposure before the first move and then add-on on successful retest after the breakout...

seanwilliam:
What do y’all think of mana and sand
?

I plan to hold till February next year

??
Dierich
Ibime
Seankafor
Apple
Openheaven2019
Jedico
Every one ..

Stop quoting multiple people when you make a post. You're the one one who'd do your homework on ehere you want to put your money. Both are similar tokens. I see no sense in splitting between the two