₦airaland Forum

Ibime:
News to me.

CZ want crash their price abi wetin?

Not necessarily... CZ has shown maturity over some things... The guy is all about bringing new stuff and goo development in...

Other major exchanges no dwy look bsc sef. He once complained about it sef...

If BZ goes public, I'm sure getting some

Ibime:
I'm holding till about 0.9 which will be 0.5x for me but likely to escape around 0.87

Good chance this starts moving if xrp clears 2c... Eitherway, it's overdue to print me some cash..

BTW, what do you think about beenaze listing tok'nized stocks of K0inbase?

This doge pump like the last looks like one that'd squeeze the market... Sooner or later, folks may start selling their some alyts into it...
Eitherway, I'm looking at max volatility today...

Just to drop this here....
Alot of folks make a recurring mistake on doge pumps... They sell early and later FOMO in with a huge chunk of their portfolio hoping on some gains (anyhow even if na 20%)


Most times, they end up on the slaughter table... We saw on the last pump that some folks lost a huge chunk of their portfolio...
I'm not saying don't FOMO, but whatever happens, profit or loss, take it like a champ....Remember, this market shows no mercy..

emmanuelewumi:
When a stock that used to pay a dividend of N6.00 per share in the past is now struggling to pay a dividend of 50k infact stopped paying for some years now it is a matter of fact the market will punish such a company.


We should know that before a stock price, there is a company that is rendering a service or producing something.


Oando that paid dividends of N4.00 per share in the past, was punished by the market due to bad management, poor risk management, high optimism by management without considering the downside, high valuation of the acquisition of certain assets by management that are now found to be bubble assets etc.


It appears the former East African CEO of Guinness Nigeria does not understand the business environment of Nigeria and they are paying dearly for it.

Unilever also made a similar mistake which they have not recovered, the Ghanaian CEO invested the company resources building plants in Ghana which will serve the Nigerian market. The plants in Nigeria were gradually closed down or producing below installed capacity. When FG policy decided to close the borders the company suffered dearly and they have been making loses back to back

True markets can be quite irrational in both directions and once a narrative takes hold, it's difficult to break. Quite a number of large names are struggling which is not unusual in any market...

That said, what group of NSE stocks do you think are the better performers or unearthed gems?

mogreen22:
right from
When bnb was about 200. It was always the same thing. He sounds like an eith maxi

Hehehe... I would't lie... bnb has done me dirty in the past with its wicky structure... Its more stable now with lots of money in

Eith is an OG and has loyal folks. Also, I find it easier trading alyts into eith as structure is well outlined...
I haven't really partook of bnb rally but I have done so with others so no regrets.
At the end of the day, we are here to make money... Afterall, almost 30% of my portfolio now is in no name micros... Let them pump mk we chop

narit:
B.N.B to overtake E.Th is a possibility. It possibility is as clear as daylight!!!

Hehe.. That is not my point

Any coin can overtake eith or betece.. Most of the narratives have been said before.

My point is that folks only put up such narratives after a coyn has done multiple percentage in a week. Have you wondered why after such becomes popular, the coin pullsback? It is simply because smart investors have handed heavy bags to top chasers.

Funny thing is that after several weeks of folks holding the coyn and other stuff starts moving, they sell at a huge loss and move on to buy other tops, then guess what? Betece corrects and inflicts further punishment.

On Bnb, when it rallied from 40 to 350, alot of new folks bought at high prices cos they believed it would continue to 1000. How many of them were still in their positions when it broke out?

In this game we all make mistakes but chasing a coin that has pumped 400% in a week without a risk management strategy and coming after a pullback to ask what one should do is a very good way of donating ones money to the market.

OffsahBoye:
Boss dy tell us before you buy or immediately you buy make we dy follow you with discretion Abeg

I share most of my trades here... Some obviously nit in real time and I can exit or enter positions as the market changes and not have the time to share.
The important thing is that I give the reason behind trades as you can assess these and replicate on other positions if you think they are sensible. This market generally flows in cycles. Blindly copying trades is unlikely to help in the long term.

Ibime:
XRP is running for me. Plan to exit 80% of my position around 1.17 and leave the rest to ride

With the significant resistance at 1.1, do you think it will take it and settle for 1.17?
If sell target is 1.17, you can as well sell at 1.1

Dimitarr:
This WIN has really sucked the wind out of everyone. Thats why its good to take profit up and diversify, not overdifisify. You cant have 500 dollars and be trading with almost 20 coins. 5 at most 3 to maximixe your gains. That's if you have 500dollars ooo

Hehe... It sucked the wind out of those who think it'd go up in a straight line... Most folks have taken profits and given others their bags

StrafordSTONES:
Greetings money chasers. So i took sometime off coupled with Easter celebration and I'm back. You guys remember those times I was jumping in and out of coins and losing usds? Well there was this coin I saw then : Kcs at 5 dollars and I neglected it, yesterday (almost a week later) that I checked it was at 12. ISH dollars. So I quickly ran some research on the coin and was happy with what I found and jumped in at 12.9; was actually waiting for it at 12.5 but It refused to come down. Well I'm happy to announce the coin is worth 14.9 dollars today and still climbing. There is this confidence I have hodling the coin...I'm gonna hodl for a long time

What did you find from your research on the coyn?

PeaceIlya:
To my #crypt0 gurus here ,how do you keep your mental health in check ?

Don't sleep on the charts

Hintona:
Don't worry I'll remind you about this especially about the Pi coin.

BTW it's Pi coin not pie coin.

No wahala....pls remind us when it's listed on an exchange... I can track it then
With the amount of folks who have it, the dump should be something else

EarlyCareer:
Yes o! Theta to 20!

Okay, seriously, please keep the Technical analysis coming Sailor1. All you TA folks are really appreciated here. Well done.

Meanwhile, I am looking at one coin that seems to be under the radar - UOS. gaming and NFT. Has partnership with Ubisoft and AMD. Also,a partnership for gamers to stream and earn on theta. Another partnership with Elrond. Total token supply of 1billion, 500m in circulation so the tokenomics seems good. Maybe check it out? I am yet to invest though. Still researching, looking positive so far.

OMI has been good with much upside ahead. I am still confident about the token, but the total supply is a headache when you think of it - 750 billion!!!. Learnt that it is deflationary and burning will happen often. My worry is when a whale or more whales dump.....so it's just a trade for me because of this.

As long as they continue to keep securing real partnerships/licensing, and clarify their tokenomics, I may consider long term hold. the token will definitely give us money this year.

Thanks again to Babalakin and all who showed us where to buy it. For those who are asking for where to buy, download Bitmax, send usdt to your balance/spot through TRC20.

As always, DYOR.

With theta, I'm taking it step by step... Not forgetting it was 3.5 not long ago..... 10 first then we see... Buy 20 is doable under the right conditions...

I don't look too much into fundamentas of coyns. Lots have very good narratives but still fail.. I'm more interested in market structure and moreso in a bear market. I generally consider all new coyns as risky

sconp:
Nice. I know the yellow line is the 21 daily ema, what's the value of the maroon coloured ema?

50 ema... You can change the settings on binance

iampaulsmith:
Hon Sailor thanks for your constant help here, you provide TA for most of the coins I follow. I’ve got a couple of questions please.

I followed you on ZIL last month right from 0.088 and even during the beetecee 44k dip, ZIL still stood its ground compared to most coin...my only regret was not adding more at that point. I recently sold all but I’m thinking is that coin not smth to hold on for even longer? Help with analysis

Link has been playing but I sort of have more confidence in coins like that. Ada did same thing but las las we dey smile.

Didn’t get that THETA part. Are you planning to ride Theta if it surpasses its ATH? I recall you said Theta and Tfuel moves together.
Sitting pretty good on Algo, will be nice to see it test ATH too. I just hope its not rejected at the 1.4 level

Gracias... You have strong hands... No need to regret, we learn from them.

Personally, I'm not really looking for alyts to hold for the long term at this stage of the cycle..... Most coyns are in the 5th stage of their rally and I'm looking more towards taking profits.

Theta gas surpassed iys previous high of 8... Currently retesting that level

Millennialaku:
i don't really understand the bolded can you please explain . what does it mean to take

That was a resistance... Taking it means overcoming the resistance...
Technically, it's by opening and closing a candle above that region... Also depends on timeframe you're looking at...

Personally, I prefer to see a break of the level, some acceleration, retrace to retest it and then a bounce...

Tge little explanation I could give...Hope you're not more confused

Alexxien:
Humans learn by experience, even if it brings pain but pain makes us smarter. I guess, it normal every newbies go through things like this and see things out themselves, even if they lose money they will gain something.

Finally, we all learn from experience...
First it was dafi then lina... that's why I saud unto the next one... Just that if something isn't working, no need repeating it

Sailor1:
Yesterday was a good one.... Still sceptical about the Betece pump as there's unswept liquidity below. Eitherway, it bounced back again with a strong finish. My alyts are running so I'm happy

Stuff is still largely on track... Ksm, vet, zil doing well. Sushi, uni, dot and doge bidding their time. Link is dancing around.

Said I wouldn't touch ADA until the highs, but it took the 1.2 level cleanly... Got into a low leveraged position at 1.2 which I closed at 1.42...Still have some spot as my limit are in the 1.45 region which have not been hit. That said, tracking it's valuation against eith, I believe there's a good chance Ada takes 1.4 soon-ish.... Will reload at 1.2 or a flip of 1.5

Also took a small position in WING at 40 which I plan to sell at 50

For today, I'm keeping it simple. If betece holds,
I got alerts set on theta- if it takes 8 dolls, I'd get me some tfuel. This it's current rally reminds me of that of Link last yr

Also monitoring Ada... If it takes 1.5, I'd look to re-enter and ride it to 2

Algo: targets are clear...1.4 and 1.8...

Let's hope today is a good one

Yesterday wasn't bad but this weekend is shaping up to be glorious...
Sold all my Ada perfectly... Spot at 1.45... had a wry smile when it dumped... Didn't buy at 1.2 though..... Dump was too nasty

Some of my sell targets were annoyingly frontran...
I Set algo for 1.39... it dipped at 1.38
I set wing for 49, sold off at 48....
E dey vex sha...
Still hoping to offload both incl atom and sxp today nd move to hot ready meals

I'm limiting my trades to certain coyns most of which I listed... Most of these micros can be a distraction
Theta has been a blessing... Seems it might ultimately reach 20...

I'd drop this here.... Usually, when tfuel lags theta, history makes me consider it a gift. Look at their charts and you'd see that tfuel ultimately outperforms theta on any pump. It may be different this time but I'm well loaded on both

Ksm, vet, zil are all giving me chuckles..
The dot/uni/sushi gang still sleeping...

Will update in detail later.. got to get going

jedisco:
So how am I planning to play this.... Obviously, there's always a risk in this market and betece can tank today leaving us pants down
......

4. To maximize profits, I'm focusing on coins that have broken ATH.... I shared some coyns I track before, and those who've fulfilled that criteria have really moved. e.g One and theta. Also, most coyns are getting into their 5th wave which is usually the steepest
Among those I've tracked are;

VET; broke previous high at 0.06 and retested it... Now rallying.. target is
Sushi: broke previous high at 20 and retesting it... Target is 40
KSM; nice new coin. broke out of 270 ish.. Targeting 500 on this
Uni: currently retesting breakout at 39... A rally to 40-50 aint out of the cards
Zil: broke previous high at 0.15 and currently retesting it. A move to 0.3 isnt out if the cards
DOT; yet to break out of 40.. but it's one coyn I may be in when Betece rallies... I've noticed it keeps up. Targeting 60 on it.
Theta: been in this since 3.5 (taken some profits).. if it can get above 8, I'd hazard a guess that it could get to 20
Doge; not so sure if it's had a 3rd rally or not... If it's gearing up for one, then I don't want to miss it... Either way, we'd soon find out.

Obviously, I didn't include some like ONE, Celr which I believe have moved.
Coins I'm interested in seeing how they interact with prev highs are Link, GRT and SRM.

For ADA and bnb, I'd only be interested in them on a break of previous highs

Also, my targets are rather conservative.
My list isn't exhaustive, it's what I follow I trade.. if you have a coyn giving you profits, then stick with it

Yesterday was a good one.... Still sceptical about the Betece pump as there's unswept liquidity below. Eitherway, it bounced back again with a strong finish. My alyts are running so I'm happy

Stuff is still largely on track... Ksm, vet, zil doing well. Sushi, uni, dot and doge bidding their time. Link is dancing around.

Said I wouldn't touch ADA until the highs, but it took the 1.2 level cleanly... Got into a low leveraged position at 1.2 which I closed at 1.42...Still have some spot as my limit are in the 1.45 region which have not been hit. That said, tracking it's valuation against eith, I believe there's a good chance Ada takes 1.4 soon-ish.... Will reload at 1.2 or a flip of 1.5

Also took a small position in WING at 40 which I plan to sell at 50

For today, I'm keeping it simple. If betece holds,
I got alerts set on theta- if it takes 8 dolls, I'd get me some tfuel. This it's current rally reminds me of that of Link last yr

Also monitoring Ada... If it takes 1.5, I'd look to re-enter and ride it to 2

Algo: targets are clear...1.4 and 1.8...

Let's hope today is a good one

jedisco:
@house, with this betece breakout, seems we're getting into another move in this run... It'd be good to share ideas how you have it planned out... take profit, manage risk e.t.c so we're not left pants down if a correction occurs

I'd share mine later on (tied up at the moment)

Seems no one else commented....hmm

Is it that folks don't want to share ideas or most don't have a macro trading plan?...
Hope it's not the second scenario cos that'd be scary... Not having a plan in this market is very dangerous.

Pleasant01:
boss no mock us nah

Not mocking anyone... Just interesting how folks give their money to the market in the name of trading. Tomorrow, they'd come and say crypt0 is scam.

We're having a lot of new coyns being listed which is typical at this stage of the market.... People will still repeat it on the next listed coyn

Pleasant01:
can you please explain 'that didn't take long' better?

To get burnt na... The whole process lasted less than 15 mins

We've got a number of coins which usually pump together or closely for multiple reasons... Examples are

Theta, tfuel
Matic, celr, fet...
Neo, ong, gas, ont

I got into tfuel when tgeta pumped and made more profits there... When matic pumped, I got some celr and it turned out to be a good trade

Saying this cos Neo is moving... Let's see if the others follow suite this time.. I'm particularly interested in Gas

BTW.. got me some ada overnight at 1.21.. Target is 1.4-1.5... I generally like to buy support and sell resistance... Wouldn't be surprised it blasts thru 1.5.... I wouldn't mind another reentry

strom:
Not just this your last post but others, you tend to give clues around the situation rather than saying it directly which sometimes it is hard to interpret.
I understand why

The thoughts I share are not market alerts but general principles of trading which have helped me... E.g identifying what time in the market cycle we are, when to deploy fresh fiat, when to buy, when to sell, utilizing market sentiment, managing risk e.t.c.. That's what I believe will make folks make and keep money here and not necessarily copying someone saying buy here and sell there...

For example, a while back, I shared views on riding this trend which so far has played out well on a number of coins from theta, tfuel, one, vet, zil e.t.c and if applied could prevent folks getting stuck in certain projects... Thesame pattern played out in all those coins and I believe will play out in some more...such as uni, ksm, sushi

I'm not keen on saying buy here and sell here (though I occasionally do).... Such never helped me when I started trading and same applies to most people

The issue is my style of trading does not suite that of most folks here... I trade in swings to HTF and I focus more on adapting to market cycles. Most here are day traders and play it differently. For example, not too ago, I bought loads of Link I didn't mention it here as I know most wouldn't. I sold a good chunk of my ada into eith at a time when ada was at the moon and eith was the opposite. Didn't make sense to most either.

I'm all about the principles behind successful trading

There's a difference between trading/investing and gambling.

Don't try to outsmart a scheme you've got no control of. When folks say they got rekt in crypt0, ask them what voins they bought and their plans beforehand

Pleasant01:
ye mogbe .... dafi don liquidate me

That didn't take long... Another coin would be listed on binance or bitmax soon