₦airaland Forum

Folks, we are entering part 2 of this bull run. I have not been so keen on stop losses before now cos I knew beans never done...

eventhough everything is going explosive, theres still a trend

Betece>>>Eith>>Majors>>Micros>>Fiat/Betece

Start planning when you'd start having more in fiat cos as the market moves, greed goes through the roof. You dont want to be he last person holding doge

Ojemedad:
Welcome back, we de miss your TA and signal

Any signal for d boys tonight

There are signals everywhere... everything is green

The way binance surprised is same way some majors would in the next 2 weeks.
Take position early and dont take profits too early

bradwilli:
chief is Market sale on binance without fees? Cos this usdt trade instead of Ngn dey confuse me

Nope... you pay fees either way.. With time, youd prefer usdt... its got more liquidity and naira is doing the opposite of betece

elmas:
You analyze this thing like a UEFA champions league commentator

Hehehe... fact is except eth pumps soon, I don't think alyts will really go explosive. They need their oga to give them signal

Betece seems to be in the front burner now and only gives altys room when it stalls. Its the undisputed King now

OpenHeaven2019:
Sailor1 you are a gem to us.

Together we would all make money!

Please help us with the TA for my recent Binance call - $TRB

Hmm... its difficult to interpret this one... dosen't look as bullish as OGN. Its yet to really pump this year so it would but I think other projects hold more potential ROI for now.. Lets see how it goes

Ojemedad:
Where is sailor1

My brother I dey... things plenty... Its at times like this I need to be on annual leave

Thisandthat:
Pls Iv not logged in to nairaland in over a year but I just did today to specially thank openheaven2019 and sailor1 for the good work you guys are doing.. U have bn a blessing to my life..This Lady is ever thankful....I bought Ogn and right now I can't sleep cos I'm so happy...And others that also drop gems from time to time,I'm grateful... Logging out now..Thank you so much.. May u exceed all good expectations for this year

Gracias....Good to hear success stories...

May the bullrun be long and may we lock in heavy profits!!!

I see opportunities across board...

Bnb surprised me...that's what happens after a good consolidation

I see similar opportunities across board

theta and vet have don comot Abuja... go wait them for Lagos
Zil preparing for final loading before it zooms... once it crosses 0.1 and holds, na express
For xlm and link... its a matter of when not if

Atom,ren, algo and dot are tagging along...

Looking at the HTF, betece has broken out after one month of consolidation. This move should easily take us to 55-60k
Eith will catch up and 2600-3k is clearly within reach
Once eith moves, you already know what would happen to our sh*tcoin

Folks, take position and make money


You can leave part of your portfolio for the quick micro pumps...defi e.t.c but don't let those take you out of solid projects.... the oil will go round finally

Good Pm my people... work no gree me see road

Concern much appreciated...

Now lets make some money!

Cc @dominique @Seun @lalasticlala FP needed

slimanyd:
Watch as they blame PDP and crypt0currency for the downward trend.

I purposely did not mention or attach the bitc0in price chart initially cos that looks like a bull on steroids. It's downright the beat performing asset of the last decade.

Will still appreciate comments from those who invest on the NSE successfully

bradwilli:
so if i dont sell it, nothing happens? Cos it was transferred from luno to binance today. I dont have to sell it, right and remains safe?

Why will something happen.. People use binance from all over the world.

Its just like asking someone in Europe if anything will happen to their LTC on binance because of the CBN ban.

When you trade on binance, you are buying or selling from someone in virtually any part if the world

Bitcoin killing alyts

bradwilli:
bro greetings. I need your advice


Before you guys go to bed. I know how to buy Usd pairs. But i have LTC/Ngn, is there anyway i can convert it to Ltc/usd pair. Cos from tomorrow binance will stop trading in Ngn pair.

First you can't have LTC/NGN. That is a trading pair
You either have LTC, NGN or both.

I am guessing you have LTC. In that case, you have nothing to fear. You can sell your LTC into other pairs by searching LTC on the market tab and see what pairs are there

BrokerHaruna:
Thanks ooo. Now is the time to jump into WIN.
Within the last 24hrs, the volume of transaction on WIN is already over 42 billion!
When you see such huuugeee volume, it should tell you something is about to happen
WIN is gonna make us winners!

Hmm... there's been some spikes today which were sold into... But then, consistent buying and huge buying volume on the weekly char... will look more into it

mulannoire:
Thank you Sailor...wish i knew you in real life

You can start paying tithe online

Kudos to openheaven2019

she's unearthed some micro beauties recently...
Also brokerharuna on calling BTT

mulannoire:
Thank you so much! What is your TP level for OGN?

Was caught up with some useless arguments and missed some trades over the past 2 days... Incl this one....
Was quite clear it'd run...

Tp is quite neat on the weekly chart... 0.4 and 0.5...
It may subsequently take 0.5 and get into price discovery. But if I was in it, I'd TP at tjose levels and look to add on a dip

Hello everyone... Alot has happened over the weekend especially with cbn doing their thing...

Apologies to folks who mentioned me, couldn't reply all....
That said, decisions of what to trade are solely yours.

There's so much green in the market, I'm getting confused

Seems like we're entering phase 2...
I keep saying it, betece will obviously lead, and when it rallies, alyts may not do as well except if eith follows... If not betece might outperform most of the market till it settles

One coin I'm not happy I missed an entry is thetha... Not jumping in but hopefully I get one...


I'd share some risky ideas
Got some betece up on binance during the last dip... Paid out so far. I believe betece accelerates and the up coins maximise my gain
Before you trade UP coins, know that they have more risk and are generally coins one does not hold for long. They are low leveraged trades but still leverage
Put some cash in doge... me thinks its only a matter of time it takes 0.85 and if it does, na wahala... Funny enough, sold my ren and algo into it... if it moves, my portfolio will thank me... otherwise, I learn lessons
Dot has broken out and seems headed for season 2... holding that till 40
If ada takes 0.7 confidently, I expect it to rally to 1
SXP has done my portfolio well.. been in since 0.8... Take profit level is 3.
I'm on the lookout for some micros that caused wahala thatd bleed during a betece rip cos once it settles, na explosion everywhere

Although I've got good betece, my portfolio is quite tilted in altys... I hope eith catches up with betece or betece slows down so alyts can boom too
Alot are on the verge of brutal breakouts, make betece pity us na... Either way, we profit

I'd appreciate comments moreso from NSE investors who have invested in other assets

Recent news on the low volumes traded on the NSE has made me look into it more carefully. That the volume of crypt0 traded by nigerians eclipsed trade in the NSE. With all that has been said about it of late, most of us remember folks who were burnt in the 2008 bubble. Sadly, they or the market has not recovered since.

The first thing I do before trading any asset is look at its performance over a long time and also that of its underlying market. This is because at least 64% of traders do not perform better than the average performance of the asset they're trading or market they're trading in.

I have attached 3 pictures to illustrate this:
1. The NSE all share index chart
2. The Nasdaq composite index
3. Gold price chart

Though they are not like for like comparisons, they can all be accurately used to guage the growth of their market.

Looking at the alltime NSE all share index it's obviously been stagnant over the last 10 years. If you then factor in inflation and depreciation of the naira e.g if the performance of the NSE is compared against the more stable dollar, it'd look abysmal. It'd be a continuous downtrend. I can easily say that 85-95% of people who traded on the NSE within the last 10years lost even with dividends included. That's a statistical fact.

People keep mentioning W. Buffet but forget that when he was talking on investment and buying for the long-term, he didn't base it on something like the NSE. My concern is why has the NSE been so underwhelming? Is it due to corruption and insider trading or the state of the economy.


Take away the 2008 bubble on the NSE, if in 2010 you held your money in dollars rather than invest in the NSE, its much more likely that you'd be much better off today. Buying gold would have even put you even in a better position. Most folks believe that agrotech rates are high and unsustainable (true), but I can tell you as someone who initially put some money there, that even their high rates did not beat devaluation.



When a market is performing well people believe in it and money flocks in. The US stock market is attractive for traders all over the world simply because it's been in a continuous uptrend for decades. People can blindly thrown in money on certain 'good' stocks and believe they'd be better off in 10years. The NSE doesn't even inspire the confidence of Nigerians. That the volume traded on the NSE is so abysmal even with pension funds propping it up. This says alot about investors confidence in that market. How I wish they traded futures so I can short it to the ground as that's seems the only sensible way to mke money there.

People will always be present in a profitable market.

In summary, I'd say with the ease of buying foriegn stocks or metals today, if you are under 40 today, and investing in the NSE with hopes of building a retirement pot, you're likely throwing your money down a drain except things change drastically in future.

I think this issue has been overflogged and it's time to let sleeping dogs lie. The most important thing is for folks to make profits in their respective endeavours.

As regards what I trade, remember I said it here, we may never see bitc0in below 30k again..... That'd likely be the floor of the next bear market (if we get it).

MyChoice1:
It's tumbling already... he just tweeted 'who let the dogs out' right now and that's why I sensed it's about to crash! I was right

Ok... Rather, I see a retest of the 0.75 level
Its a sh*t coin but lets see how this goes

tolulope2021:
Now that I have place the order,how will I receive it? how long

When your limit price is hit

Weirdgee:
can someone trust that p2p on binance.

If instructions are followed, its relatively safe

Hassanmaye:
What do you advice me sir, should I invest my hard earned money in bitcoin

Hmm... that question is one only you can answer.

MyChoice1:
Please sell now oo, 0.086 is a nice shot if you are already in profit

Hmmm.... with Elon's tweet... lets see

Elon don start with Doge again... Hmmm

niceface:
Pls is it better to store my portfolio in usdt or busd while waiting for a dip on binance

yep... they are stable coyns and so do not fluctuate.

tolulope2021:
Please anyone...how do I use the covert option on binance....how does it work....I want to convert my usdt to eith

You dont convert... USDT is a stable coin
You use ut to but other coins

Go to the market tab, and search for eth
You will see all traded options with eth.. look for eth/usdt. Its there you buy

tolulope2021:
But you will be charged heavily for making those withdrawals

Its relative though... I was charged 0.6 link to withdraw over 100 link. Seems it is a flat rate on that exchange...
I see how this may be an issue if you are withdrawing smaller sums...

I have come across a long letter from CBN and it seems they are sticking with their decision.

Good and fine. Lets see how it ages. I withdrew my crypt0 from Nigerian only exchanges pending when they sort out deposits or provide a p2p option.

Folks make your decision.