₦airaland Forum

harry2sexy:
Sol to 115 or 130 by end of the Christmas week.

My money's on 115

You’ll love it more at 50

I’m in Ibadan on band A.We have atleast 20hrs supplies every day. Some days 22hrs. But the tariff is too high! I spend 40-50k monthly on electricity

Beyoncé
Tiwa savage
Kim wexler ( rhea seehorn) in better call Saul
Nairobi ( Alba Flores) money heist
Teresa Mendoza and Camila Vargas in Queen of South.
All of them dey my list. 😁😁

DaemoLee:
I wouldn't say many would be better off without crypto, cos I know many folks close to me that are doing great in life trading BeTc, I would say we all would be better off and doing great without 'Alt' coins!

Another thing I sensed is that, the more information we put out about the market online, we are feeding them on how to deal with us. Hence, creation of likes of Binance feeds/discover...

If u win, u are lucky, if u go again; u are at high risk of loosing it all.

To corroborate this, there’s never been an individual that regrets buying and hodling bttc. So I completely agree,
Secondly, weather we give out information or not, every transaction is recorded on blockchain, so any method or strategy is exposed the moment you click buy/sell..
Lastly, I believe institutions adoption/interest, launchpads proliferation and trump launching a memecoin ruined alt season.

DaemoLee:
When they realize everyone has lost faith in the market, all those million coins/tokens u think can't pump would start going up here and there, then when they have your trusts again, they dump and leave u hanging. Chances of becoming poor with it is way higher than making u rich.

and you’ll rarely end up with no regrets buying those coins.
If you profit but sell early , you’ll regret
If you hodl and it dumps, you’ll regret
If you cut your loss and it pumps , you’ll still regret.
😂

SaintUlot:
When people are already in position in crypto, they ll need to encourage others to buy, they ll have to make encouraging posts and news. This is very much understandable, if more people didn't buy, how ll they make their own profit?

The trending news now is that the crypto market cycle has been cancelled, who are the committee that sat down to cancel it? But to be sincere, someone whose portfolio is @ 80% loss can never pray for the cycle to end just like that, 80% loss could be suicidal, that's a bitter pill to swallow.

it’s sunk cost fallacy. Just like a popular proverb that says when you get on the wrong train, the best immediate action is to get off at the next station to avoid going further.

DaemoLee:
"This market literally does the opposite of what people thinks" I have heard this thousand times!
What does that tell u?
Have u asked urself if the market was/is human to have a sense of it's own.
To me crypto is a big manipulation game controlled somewhere. With motives of impoverishing and keeping people that has investment plans and get rich quick mentality under financial control using economic factors, global events, human emotions as the umbrella.
If it doesn't exist, people would be more productive in physical businesses.

I am just thinking wild or am I saying nonsense?

you’re not saying nonsense sir, what you put up there is a fact. Crypto has a way of keeping you delusional. It’ll paint eldorado picture where you’ll live in fantasy until reality hit you hard. I was hoping on x10😂😂
Take for example , I yielded to sinissin advice earlier this year to stop dca-ing on my position and face real life sht. The advice somehow came as an insult, but today, it’s one of the best decisions I made.
Do you now know the funnest thing? The money I used to face real life business was around 30% of my loss in crypto 😂. I added to my business and it pays my bills today while crypto adds to my bill.

RayBandsNL:
Are you telling us there are no "Trillions" ?

baba mi, there are trillions, but are they going to pump it on crypto?
If yes, will they risk it on alts and memes?
At this point, if liquidity is coming, 90% of it will be concentrated on btc imo. The remaining 10% won’t evenly spread on alts, it will be on select alts( the majors).

This bear market will be extremely brutal.
Think of the lowest of the lowest price, alts will hit it! Virtually every of your bear target will hit on alts.
I’m not asking you to get out o, I’m just asking you to prepare ahead for the incoming bazooka . On average , alts are currently down 70%, you’ll love it more at extra -70. With what I’m seeing now, 99% of memes will die, all alts save the top 50( I’m being generous self) will never recover.
Many of you will be trapped in the next pump, thinking we’re back. You really thinking there’s enough liquidity to pump over 30m coins? You will learn and you will learn hard way.
I’m out on all positions.
The market won, I lost!
From now till next year December, I’ll dedicate my time learning market curves and all without putting 1$ to market.
I’ll start buying if btc drops 30k$, eth 1k$, bnb 200$ and almighty sol 20$.
These entries might sound unrealistic , but considering what happened in October 10, nothing is impossible again.

Looks like Nigeria electricity supply is stable now just that the tariff is high!.
I’ve spent close to 76k in two months now.

I am now a btc maxi. As long as this thread exists, I’ll keep talking about it.
NEWBIES, avoid alts in total for now and stick to btc with long term mindset. Do this till the coast is clear on alts. I’m typing from the place of severe pain and loss😂😂.

I will only consider buying alt again if coins like sol and bnb go down to 2022 bear price. That time One doesn’t need those coins to hit ATH before making profit like that.!

Watching your hard earned money go down the drain on alts, and knowing fully well you can’t recover it is an unquantifiable pain. Others might not agree, but I am openly admitting it. It’s a lost cause ATLEAST for now.

I know some of you will be wondering while I’m so concerned and worried about someone’s else money.




I’ll tell you,
I don’t care how you make your money o, but the fact that you consider investing in crypto it means you have the belief that abilities (money, success) and intelligence can be developed through dedication,effort, and learning. So you need proper guidance since you have that legit mindset.
IT’S NOT A MUST TO LEARN FROM YOUR OWN EXPERIENCE. Trust me you don’t want to be in that place.


If you had bought btc @110$, if you dca all the way down to its low, worst is you breaking even if not in profit. Let’s even assume you’re out of liquidity to buy more self, for btc not to go back to your entry , e mean say the entire market will have to collapse be that !. This thing is common sense for Christ sake!, check past performances, has there ever been anyone in history who regretted buying b t c You have your answer!.


Learn, unlearn and relearn, that’s how you grow!

I like as your papa avoid me like that. .
Arrant nonsense.

doyin01:
Did you buy Bitcoin which is not alts ?? Are you in profit by now ?? Or I should mind my business

For example I bought Bitcoin when the price was at $110k , by now I should be in loss...does that mean I should attack those who told me to buy Bitcoin at that time ?? Simply because Bitcoin price didn't go the way they told me ??

The point remains that whether alts ooooo or Bitcoin oooooooo , everybody go collect....

Like are you serious right now!?
I sincerely want to believe you are trolling and rage baiting for fun.

GRACEGLORY:
I guess those that bought BTC @126K or ETH @4,800 are in madt profit by now, Now you see it applies to all. And especially being smart. What do you say about those that bought ZK @0.03 sold @0.08 and re*entered @0.03?


The safest way is to by before they fly for people will surely take profits.
ZK is down 43% from August, but up 200%+ from Oct lows and TVL exploded 230% this quarter with Goldman, Deutsche Bank, UBS live on it. Real adoption, not hype.
BTC dominates because liquidity hits it first. Altseason always lags — ETH/BTC breaking out, BTC dominance cracking 58%, TOTAL3 above $2T resistance. Rotation is starting, not dead.
x20s are gone, but x3–x10 on solid L2s/RWAs/AI still very possible once capital rotates (Q1 2026 with more rate cuts + SOL ETFs).
Cycle isn’t dead; it’s just slower and more institutional. Weak hands are out, strong projects are quietly building.

Yeah BTC maybe safe if you bought a5 the right place,same with ALTs, Writing off all alts is the real delusion. Stack both, stay patient, the board is still moving.

Thank you for your reply , I appreciate. I hope you don’t see my posts as attack on your work. Correct me if I’m wrong. Okay let’s dive into this.

1. Looking at past and present performances , there has never been a bad time to buy btc , especially if you’re a long time hodler, all you need to do is just buy and wait, and if you want your gain quickly, employ a strategic dca, buy @ every 10% dip, 100/100 you’ll recover in no time. If you don’t recover on btc then be rest assured the whole market has collapsed. So buying at 126k is not considered a loss yet!
2. I don’t like to argue without data, but point to me people you personally know or know online that bought ZK @ 0.003 ? If anyone bought at that price atall, it’s mostly the team behind it!. That price is the lowest of the low and virtually no one has the balls to risk their hard earned money buying at the point. Even the team behind it are probably holding on part of what was airdropped to them and not what they bought with their own money. Lol And let’s even agree some people bought it at that price that’s x0.1 to this price point , now compare it with someone that bought btc at similar level, that’s like x100000. There’s no way anyone will compare alt performance to btc and not look funny at the end.
3. You said ZK was up 200% from October low ?nice!. Do you know even if you’re up 200% from your price point, it’s still no where near its ATH and if you had kept holding, you’ve wiped out the gain with massive loss of -45% atleast
4. You agreed that era of x20 is gone but x3/x10 is possible. Do you know that even if a hodler hits x10 on ZK now he’s still not in profit , he just recovered his money after years of hodling. Can you same the same thing with btc ? NO.
5. Btc is just down 29% a three time 10% dca with big size would have you at break even point, and even if you don’t have liquidity to do that, we both know it’s a matter of time before it recovers and sends higher. I have never seen any one regretted buying btc, they regret NOT buying instead , whereas I have see thousands lament ever touching alts including those that have made profit from it but still hodling.
6. You talked about strong projects are quietly building. that building is on paper, aside eth, alt with the strongest army is xrp, I can’t count 100s of white papers claiming xrp is building something yet it’s only hit ATH once after 2017 own. Building whatever is just a marketing gimmick ! How does it benefit us investors? What value does it add to us?
7. You mentioned some catalysts like dominance cracking 58%, TOTAL3 above $2T resistance,Q1 2026 with more rate cuts + SOL ETFs, all these things would only work if noobs buy alts and hodl. They were burnt , most of them have incurred so much losses that they might not touch crypto again!. It might also work if attention is shifted from memes totally and no more proliferation of memes. We said more than this in 2024, infact if those catalysts had the expected impact, some of us would be riding latest GLE now!😂.. there’s 90% possibility that those catalysts will only favor btc and select alts( like sol, bnb and eth). Nobody is ready to lose money again!
8. Finally thank you for advocating stacking btc alongside alts , atleast, that’s a healthy gamble , but let me add, if anyone is going to do that, the ratio should be 9:1..

Whatever applies to Zk, applies to other alts, so this is not a blaming game. It’s a matter of changing approach and perspective.
TL;DR
as a newbie, BUY BTC.

GRACEGLORY:
For the records, ZK was $@0.058 when I made that call. August 11 2024

Yoruba adage remix: "Alts that pump on hype crash... but those with revenue and upgrades pump again, bigger."

Watch what happens.


📌 GOD Bless you too, sir

Nothing will change, atleast for now.


A long read!!!
August 11,2024, btc was 59k$, today despite the dip, it’s still up 60%!!.. 89k$!
Today , ZK is @0.033
Which means whoever bought at that price is currently down atleast 43%. On a norm 0.056 was supposed to be the bottom. Such loss in a supposed bull market, now imagine what the price will be in bear market? 90% chances it will die and never resurrect. Apart from eth bnb and maybe Sol, other coins are useless. ‘use case’ is a marketing gimmick , they’re all 💩 coins in disguise. Infact I even appreciate meme coins for being direct and glaring. So one is better off with btc in the long run.
The blame is not on you or anyone, the market dynamics have changed ni, gone are the days of x20, if anyone manages to pull off x2 now , the person should run without looking back. infact it will keep getting worse, like I’ve said before , the moments alts witness significant pump, there are army of people waiting to take little profit or break even or even forgo bearable losses and exit the market. The rest hodling will still go back to square one after becoming exit liquidity, they’ll turn bag holder. either become the player or the pawns ♟️.

Now let’s talk about the four year cycle and alts season catalysts

The FED ended QT on December 1, the first time since 2019, market didn’t positively respond. Only btc did.
they injected billions of dollars into banking system, largest injection since Covid, market didn’t react positively, only btc did.
BOA recommends its clients to consider crypto , first time ever they’ll do that, market still didn’t react.
Big America investment managing companies like vanguard are exposing millions of their clients to crypto , still market is not reacting. Truth is Noobs are no longer interested in magic internet money again, their fingers got burnt which means nobody to dump on again!
Rate cut is expected again in this December , yet market is already priced in.

maybe not for btc, but for alts, at the moment, four year cycle is dead. No greater catalyst than the ones listed above. So tell me what will fuel alt season?.
I’m not seeing that anytime soon but I believe someday, market will reset itself.
Purpose of my ranting is, I want us to stop being delusional and face the reality.
I don’t want newbies to waste their time and meagre resources on this. Money is hard to come by especially in countries like ours with little to zero disposable income. Some might never recover from the loss. It might lead to depression for some. These people have discovered that easiest way to make it for common man is (was) crypto , now they’ve ruined it. They’re extracting our liquidity by painting alts Eldorado.
I like you and this is not attack, please let’s be open minded.

Alfred200825:
Meanwhile there are married security guards, cleaners, messengers who are earning far less than that and are living fine.
Better is a meal of plain vegetables eaten with love than a feast filled with strife and fighting.

Believe everything you see or read on social media at your own peril.

They’re not living fine rara. 99% of them beg at work. They beg incoming customers .

You might not need my advice , but I’ll still say it anyway.
I doubt anyone here was as optimistic as I was months ago in crypto.
Most people’s problem now is sunk cost fallacy. Not only in crypto , it happens in other spheres of life too. Deep down your heart , you know you’re drowning, but you’ll keep coming up with reasons to hold on just because you don’t wanna let go of your loss.
Past 3 weeks, made some big boy purchase running into millions. If it was before, I would use it to dca on my Portfolio and by now, would be down like 50% again on dca.
There’s one thing I know for sure, we men learn better from experience than advice.. you’ll learn bitterly, don’t worry !.

Crypto lost its juice the day Donald trump launched $trump coin. Final straw was sol launchpads , they ruin it all.


As a normal human being , think of it, we have over 36m coins now, and every one of them claims to be useful and building something .. how do you expect liquidity to spread around? Btc alone sucks over 50.% of the entire liquidity. Another 30% of the liquidity concentrates on the top 100. Aside the one in btc, others don’t have freshly injected liquidity , they’re of the diamond hands who are waiting to break even and dump it all back to stables or btc.

Maybe you don’t get. Let me break it down o? 2021, you cooked 1bag of rice to feed 100 people , today, you cook same 1bag of rice to feed 1m people. That’s self explanatory enough except you’re dumb.
It’ll keep getting worse, you know why?
Alts will keep bleeding slowly to death. why? Degens and normies will jeet at 20% profit from entry NOW.
what happens when that happens ? Coin dips. Rinse and repeat. No one will take the risk of hodling anymore.





IT doesn’t mean there won’t be an outlier , even in bears, some coins will pump aggressively . Now what’s the probability of catching it right on time? 1%. I dropped 10 coins few weeks ago on this thread , only one surpassed ATH and it’s currently down 80%.
If it’s by force to buy crypto , stick to btc!!!!!!!.
You’ll learn, don’t play !

I’ll still document my pnl by year end sha.
Shalom brothers📍

Storyofmylife:
omoh that's true but i think am over spending by spending an average of #3000 daily for feeding.

3k is super cheap.
On average I spend 7-12k feeding daily depends on where I am at the time.

I only spend a bit less on food if my babe is around, she’ll cook plenty food for us.


Honestly the solution to your situation is to earn more.

It will be unfair to say I didn’t make any money though.
I’ll document my profits and loss on here by year end.

Till next month. Ire o.

Clemss88:
had to close so I can use it for my business. The loss av had is too much

God bless sinissin. Na him talk say make I stop to dey dca and face real life business for now. I opened another location the following month.
Even though I’ve lost heavily on thit shst. My offline business still sustains me. I dey house like this dey zip elerindodo, I go enter shop for evening to collect profits from shops then call my babe to come rub by chest. 😂

Fastt is another underrated player in this game.
The man no dey use eyes see small profit on alts 😂, he go sharperly take am to carry oyoyo..








I feel bad mehn, so lambo and Bahamas 🇧🇸 dream don die like that ?😂😂

Chikacha, tflex and that bro wey one buy condo that time wey alts Dey pump, where una dey o.
Where do we go from here? Chai.

jayce232:
Why are u closing position?
Are u not in spot?
If u have been able to hold till this moment, why not just wait it out till January? Closing your position at this point is not a good decision if u ask me.

lol. I said more than this during June bloodbath. I believed i would be swimming in money by now instead I’m currently swimming in regrets
Best thing to do now is to de risk and leave little thing in the market or get out and plan ahead for a fatal bt c crash to buy no matter how long it takes.

iLegendd:
Who remembered my November 2024 post? Where I did a deep research on when to sell and we all belonged to different teams.

Seanwilliam, I hope you remembered your team?

I'll do a recap of that post and the strategy we used.

Here is a link to read the full post: https://www.nairaland.com/6318352/crypto-currency-investors-thread/4013#132886886

Typing...

Still team October o. Currently , I’m sticking to my original plan, I’m de-risking, gradually reducing my market exposure.
Now this is what I’m saying, when you made this post in November last year , sol was almost 250$
One year later , sol is under 160$ roughly 40% down. Whereas btc was around 70k$ or so that time, now it’s 105k that’s roughly 35% higher. Don’t forget sol is the most popular alt among degens and retail o. . Now imagine what happened to random alts😂😂.


Alts keep proving b tc maxi right.

GRACEGLORY:
📌 For reference

I hope you don’t see that post and this reply as an attack on you my bro.
Whoever holds any coin other than btc now should be taking profit aggressively on every pump.
Alts currently is like the Yoruba adage about “ lálá tó ròke, ilè nínbò” meaning Alts that go up must come down, the crash will be fatal!. Alt live on hypes, not because of utility or nonsense building claims .

Take for example , if it was before , Aster , the supposed hyper liquid killer should be atleast x10 now , the biggest KOL( CZ) in the world announced he bought with his money, it pumped a little and dumped heavily even below his entry price. Market respects no one at the moment except TRUMP😂😂.
Check xpl, at launch, nothing wey dem no claim finish, currently it’s down 84%! This keeps happening to a host of ‘utility’ coins. I don’t even want to talk about memecoin.


As of now ,Zk will only profit those who bought recently not people that has been holding, technically 99% of people in that coin are currently in loss same with 95% of other alts too.
For ZK to invalid that thesis above, it needs to do atleast x10 from the current price.

Is that possible? YES
is it worth it to take the risk of hodling now judging by the current market condition ? BIG NO.
Most people are waiting to get to their entry and exit the market totally. If you snooze péré, you become exit liquidity and bag holder.The concept of hodl is gradually dying as it’s no longer rewarding as it’s used to be.
So people should just be taking profit on every pump here and there and put it on btc for long term hodl till market resets and momentum returns.

God bless you my bro.

yemmit90:
You all can clearly see the manipulation game now, CZ announced he bought some aster, and it caterport the value almost immediately withiout real volume.

That is how these guys use big fund to manipulate market behind the screen. If he doesn't announce it, no one would've known why aster suddenly get pump amidst terrible altcoins performance.

😂😂.
We’re here to make money though

Clemss88:
I just need to to get to all time high. Let it just pull a zec

The current pump is not sustainable in the long run, except he keeps talking about it. You’ll be surprised that Zk pumped just because of the shoutout from vitalik not because of anything they’re building😂. Alts coin live on hype.
take whatever profit you make and wait for another dump. Vitalik wey no fit pump eth to $5k . If you check the below screenshot, what he did is’ scratch my back I scratch your back ‘
If there’s no other dump, you only lose opportunity and not capital. Please let’s learn how to keep profit no matter how little o.
Wagmi📍

Ballzproblemm:
The trade deal was supposed to be bullish news instead many traders/investors/degens witness one of the worst say in cry. PTO market, make no mistake,they want many of you out before the leg up , this isn't random conspiracy theory.we are talking of banks/institutions adopting digital currencies and you think they hand it to normies like that?HODL.

Market has changed bro. I used to be an advocate of hodl hodl
Institutions are adopting btc/eth and maybe sol( cos of cheap fees, fast network and major launchpad for memes) . bnb too because it’s also launchpad for memes and traditional coin of the biggest exchange in the world.
Every other coin is useless, hodling on any coin apart from those coins now is a very big risk. HODL for awhile, take whatever market gives you and cut your loss asap. Opportunity comes everyday in crypto Most people are victims of sunk fallacy now. They don’t want to face the reality at hand😂.



The concept of hodl(save btc/eth bnb/sol) is dying.

Jakumo:
I highly recommend that you acquire a trained attack baboon to guard your house and back yard. Even before the thief can complete the mission of climbing over the wall, that baboon will start to administer jungle justice in a vigorous and wanton manner.

By the time the dust clears from the life-and-death skirmish, the only items left of the thief will be his shoes and his torn shirt.

I no one talk wetin dey my mind