₦airaland Forum

AbdulJabbar1:
Looool I LOVE IT... I’m just going to sit it out till it’s back in its normal brackets, safe to say I’d feel comfy getting back in at 170-190 as the case maybe when the time comes... Again I’m in Rip for the long haul, it’s fluctuations in the past 1 month have done more than enough for my expected targets for it

I think the daily doesn't end so bad.... That'd mean doom

Even doge didn't dump like this... At least, there was some support bounce along the way...

That's the issue with coins that have recent angry bag holders.... The sec dump did alot of folks in

Notyamate:
Lolz. It's doing 223 now.

There's the kind of stuff one doesn't hold.... A large cap shouldn't dump like this except in a market wide selloff

AbdulJabbar1:
Looool

Didn't even get the exit... Whales have been agressive..

It may push up from here though

lovinhubby2wife:
I lost again, one has to be online 24/7

Be calm... What was your entry?

Brigance:
This is a carnage

The previous 4 hr candle was a typical reversal candle... Also on the 4hr, its significant. The top is def in for a while... Even 0.5 couldn't hold... Let's see where buyers step in

kolagbemi:
Where are we putting money next please.... Link, aave or I should drop it in eth.

I need to learn how to pick an entry point

Aave has pumped already...

Link and eith seem the vest best for now....
Link may produce more upside but eith is safer

gamaliel9:
xrp will come back with a vengeance

Hehe... Trying to knife catch this is the easiest way to lose money...

That's why folks hate this coin

gamaliel9:
Bailed out half of xrp, and dumped it in Eth..

Waiting to buy more xrp

Na useless coyn finally... So happy I didn't jump in...

Xlm is still holding 0.32... let's see how well it can hold

Brigance:
Doge is defying all logic, especially for a coin with that kind of supply.

Best guess is that it’s reacting towards Musk’s reference earlier today, as Big B did too. Or maybe some very solid people are still holding.

In any case, not interested as well.

Let's see how it goes... It's a coin I'm only interested in at the bottom and not in the middle of nowhere... Now everything is pumping so it may pull another one... But the thing is that there too many folks still trapped willing to dump on any lil pump

Xrp still dumping... Its at this level I expect a response (0.5) if this level fails, then it may retrace most of the move up...

Brigance:
If you don't mind big man, I'd like to hear you out on what you have in mind.

If you don't mind ofcourse, and definitely I wouldn't consider it a sacrosanct financial advice.

I no be big man o...I just share thoughts and opinions which are a good number of times wrong also sometimes right. I'm more of a slower trader as I get burnt when I try to play fast. I shared my thoughts on a trade above and numerous thoughts on some coins here

Lots of people share their thoughts too and you can filter what resonates with you and action it. With time, you would get what works for you.. we are all learning

Doge still moving.. this coin is surprising me... Thought it'd have dumped further... Not interested though

Notyamate:
You don't understand what I mean. What I'm saying is that if you buy Xrp like around 300+ before it dips, instead of selling on loss now that it's below 300. Why not wait till it rise again.

Ok.. you're right in a way... I'm not so sure about the naira price but either way, those who bought above 300 should't be aiming for too much profit..
Finally, no one knows what the market would do.. it may benefit them holding or not

kolagbemi:
Thanks boss.

Seriously learning....I will henceforth keep emotions on check. Then, moving profit on the opposite as suggested.

Abeg help us they post your exit point. Some of us are still leaning.

Though, now, what I do is to keep moving my stop-loss as I shift profit maker upward..in that way I can only loose small part of profit.

Exit points are not perfect.. It all depends on your entry pint and degree of rise... But most times, reversals happen close to a round figure.

On exrp, I overestimated mine. I should have used its last pump as a guide which terminated at 0.78 and start taking profits from 0.7 incase it was front ran like today... Either way, we're learning

Also, at the current xrp price, if you are worried about selling at a loss, then you bought to high.. The risk wasn't worth the reward

cuteesthy:
Abeg am using Luno , where can i find all this coins u mentioned

Some are on Bundle Africa. All on Binance

Notyamate:
If you have Xrp, please do not sell at loss. It will rise again, do not panick patient is the key

my sister, there is time to be patient and time to take profit... A coin has done over 100% in a week and 50% in a day.. Haba

It would still rise eventually. But now, I'm more interested in a good exit and perhaps to reload around 0.5 in the coming days/weeks

kolagbemi:
Golden advice.

I kept learning by getting burn.... don't be a got like me please.

Everything left from my 350usd after DOGE did me dirty was 151usd yesterday.

Today I moved 75% to XRP using OCO I hit 19usd. Then that goat spirit entered me. I went to the remaining 25% in xlm liquidate it to usdt and from USDT to xrp for faster profit.

Unknowingly while on that, my stop loss on xrp have activated and sold all my xrp with balance in USDT.

I blindly placed buy for XRP with 100% of my USDT..not knowing 100% is now inclusive of my stop loss.

I lost 10usd instantly....I started looking for entry again. I lost another 10usd in doing that.

Guys be careful....set target and stick to it.

Don't be a goat like me

omo u don suffer oooo.. u no be goat abeg
you and this did you dirty... finally, it was a big loss..
At over 50% pump in 24hrs, a rinse was going to happen sooner or later... At that time, the risk on xrp was more than xlm and also the potential reward was better on xlm. If anything, you should have moved profits the opposite way from xrp to xlm... You're playing this market wrong... Try and think against the average trader. You move profits from a pumped coin to an unpumped coin if the market is still lagging. If the market is green, then na fiat better pass.
My entry on xlm averaged between 0.295 and 0.34 as I had been buying for somedays. I wasn't going to add once it crosses 0.36.. Even with the dump, its still at 0.33 cos it didn't really pump.. Either way, I'm still holding it for a while as I believe it may follow if xrp settles.. Betece just has to respect itself

Now that was a proper dump... Had my limit sell sitting at 0.79 but whales no gree and front ran that level... Seems a lot of sell orders were at 0.8 ish
Went on twitter and saw folks posting leveraged profit of over 500% on xrp... na em I know say rinsing is on the way.

Either way, the battle line has been drawn... na to formulate exit pathway from 0.64... Whales that haven't dumped would be looking for who to give their bags.

Choi.. this market is brutal

Tozilly:
That's wot I hv learnt about dis market. Patience! I stored 745 XRP since one week now n just wen it was hitting d rooftop on Saturday, I hurriedly sold off n it has increased by more than 120% since I sold off on Saturday. Lessons learnt. Don't hv mind to go in now. Am learning a lot from u folks. Kip up d good works!

Please don't go in ow.. It's like chasing a pump...

Coyns like xlm, link, Eth and Zil should be a good bet.
Alternatively, you can keep profits

Notyamate:
I concur with you bro. Trading crypto is not for faint hearted, I nearly had heart attack when I loss almost 200k on Betece. But today I have made my profit from that same qoin by keeping my emotion in check.

What I noticed is that many people dive in when the price is high hoping it will continue to rise, they have forgotten that crypto is volatile and before you blink the price is going down, so they panicked and sell at loss forgetting that it can rise again if they're just patient.

In crryt0, the best time to buy is on a day betece dumps like 20%. Entry is everything

kolagbemi:
Can someone explain OCO "One Cancel the Other" on Binance in a lay man language for me.

I don't want to believe I have that option and lost so much in a DOGE pump. Using. mouse to chase price up and down.

Hehe.. quite complex to explain.. Watch a youtube video.. Also, binance has videos on it

Claudia00:
Pls which app can I trade on with dogecoin?

Binance or bundle...
Folks keep finding doge... mk una enjoi

bradwilli:
I will give it another shot soon and i will come to you guys for help where i feel lost. Thanks chief

No wahala I'd try.
But first and formost, please you are absolutely responsible for your decisions. I can offfer advise but the absolute responsibility and risk lies on you. Nothing is certain in trading and betece can sump at anytime taking profits away

If you're on Binance, use 50% of your trading portfolio on xlm asap.... The only thing holding it is the 0.36-0.38 level resistance which I believe it should breakthrough soon just as xrp broke past the 0.5 level this am and is now approaching 0.8. On xlm, 0.34 is acting as good support which is a good sign. Advisably get in b4 it breaks 0.36 to maximise benefit. Very soon, profits from xrp would start flowing to xlm and when it moves, it moves much quicker. All things being equal, this should offset some off your losses in a relatively short time.
The main caveat be if the exrp pump was to catch up with xlm which has been moving for over 2 months. Either way, you should be able to exit at break even even if it does not pump. IMO, it's a trade worth taking

For the remaining 50%, lemme chk out some coyns

Akinola2345:
Which coin is next after xrp

Hehe.. these pumps do not happen often.. they're wonderful when they come but hoping they happen everyday na wahala... Xlm looks primed... Looking to start taking profits from xrp to xlm once xrp hits 0.8...
Annoyingly, I didn't convert my eith to xrp as I planned yesterday.. Should have been 30% up on that. I have aped into xlm on that though

bradwilli:
Thanks my brothers for asking about me. I have removed my hand from crypto for now. Till most of the coyns dips because i have lost some money. Make i no rush invest big funds anytime soon. I always dey here with una and we go all dey celebrate wins. Amen

Sorry bruv.... It's good to take sometime out if you're on a string of losses.

That said, I see opportunities across the market and believe some coins are virtually on discount now. Betece looks to have chosen it's direction and other coins will follow.
This is virtually the easiest time to make money in crypt0. I can give you a tip or two if you're willing to try out again, this time with patience and less funds.

Akinola2345:
Why xlm is not moving?

Patience... patience

gamaliel9:
My dilemma on EXRP

Initially, i bought it after seeing their response to SEC. I thought wow this qoin is going to do from 10dollars and above.
So i bought for[b] LONG TERM[/b]. This was before the news broke out on pnd. I had no target exit price. Now, i have done more than 130%. Something is telling me to stick to my long term while another is telling me to sell, and re buy for more units.

Umunne m, what do i dooooo?

If you trade in dols, I'd say watch over today how it handles the 0.6- 0.63 price level... If it flips that, then you can aim to take most off the table at 0.8- 1 dollar. Most folks will look to take profits around here. It may continue running afterwards, but it's unlikely. At least, a pullback will be in order


I'm in it also, and that's my trade plan.. that'd be a huge run and you can then aim to add on dips.

AbdulJabbar1:
We might have a situation with betece * an impending pnd in the works... apparently someone or some people just bought 150m in betece (approx 15000 qoins)

The moment this person decides to dump, problems; word is there was a similar buy which prompted the first move from 20k to almost 40k

Split all 15k into 101 wallets

Update: did some findings and it was moved to a cold storage (offline)

Strictly speaking, 150mln will not reverse a betece bull market. It'd hardly do much except if ochestrated with others. The initial dump from 40k to 30k caused almost 1 billion dolls in liquidations...

There'd always be a narrative. I followed this when it broke out and serms it was moved tlike you said to cold wallets. Likely institutional buyers buying OTC to avoid slippage.

Typically, a significant drop is betece reserve in exchanges also with an increase in fiat inflow may be a marker for a significant move up. That said, hundreds of millions of dollars is sitting under 30k waiting for any dump.

You can follow whale alerts on twitter and you'd see significant betece or fiat moves happening both ways

luvlyoracle:
Ok well gotten...
Am not just lucky though.
Really learning the hard way
I bought xlm hoping they move together cus i saw here you wrote previously they move together...Now am stuck..
Want get in... What do u think is it's target for this pump?

First and foremost, be patient... Let your trades come to you.
I had planned getting into exrp yesterday after that one hour monster candle I posted but I needed further confirmation.. i.e crossing and retesting 0.5. Today it crossed but didn't retest and kept moving. I didn't jump in... I plan my trades and have an idea of my exit before entry....

Traditionally, exrp will pump first then xlm will catch up and surpass exrps pump. It may take a day or two sef. But like I said, exrp has not pumped in a while so it may perform better this time.

What to do with your xlm? Hold it and wait. It may not move as much as exrp but it'd definitely move. It's moves are steeper too and it's not one you want to be chasing. I mentioned targets on xlm yesterday and I'm still keeping to them.

Seriously, I'm not happy you've not made any profitable trade all this while...

Let me ask, how about your Zil? Guess youve sold it... I advised you not to jump in at 0.78 yesterday. I finally got my entry at 0.72 and 0.7. finally I'm looking to add some more at 0.68 to give an average of 0.7. I'm targeting at least x2 on that one and not bothered if it dips to 0.6.. I might even add more. I'd remind when the profits come thru.

I've been in Link since 9-11 dollars. I've not sold shishi... Added some at 20 sef. I know my target and when to sell.
I've been in LTC since 90.
I also have good entries on ADA and VET... These four have not moved for sometime. When they move, I would remind you again about patience... That said, it's the new coins printing money this tym hence I have a mix

It's a time tested strategy, in a bull market holding is very profitable... E get as u go hold reach, na u go tell yasef to take profits....

I'd show you something which I don't usually do. I've attached my trades on UNI. On 03/1, I bought a total of 503 usdt. 27 days later, I sold half of that stash for 948 usdt... I still have 50% left to sell.
Part of the amount sold is already reaping profits else where. Thats almost 400% in a month. Now tell me, how easy is it to get that percentage in the outside world?
If I was jumping in and out, I doubt I'd have made as much. Don't get carried away by people posting multiple percentage profit in a single day on Twitter. First learn a profitable strategy and follow it

Doge beginning to move again... Mk I dey watch am

AbdulJabbar1:
Straight facts there bro... straight facts..

The underground market helped boost betece though, its popular use in laundering is what really boosted its value. It was afterwards the powers that be decided to have a lot more confidence. One can barely keep up with the number of other qoins available now sef. Every Tom dick and Harry now launches a qoin once they bored or running broke

Imagine a coyn the owners/buliders have unlimited amount of... They'd organise a telegram pnd group and keep dumping on followers..

That's what held exrp down for long.... until the company stopped selling massive amounts from time to time and started buying back. That's when it finally began moving