₦airaland Forum

iLegendd:
It's an alt coin. Institutions probably want to bring it down to 1.8k or even $800 (with bad news, recession and war) so that they'll buy everything and control the alt market since ETH is the leader of all alts while BTC is the overseer of the entire market. So, to control the market, you must have control of both.

It's just rich men fighting over control — no need to panic — it's part of the game.

Illegend, tbh I no really dey panic on eth cos I know say no matter how long, it’ll will rise.



Do u think all these floki, myro, bome and Pepe will make it to what they were in March ?


Genuinely asking this so I’ll convert them all to eth.

I heard this kind of crash happened in 2008 and it bounced back.

This shouldn’t be different,
Truth is, I’ve gone too far to look back ,
I’m too invested to pull out.
I don go join forex thread. Make I see what it has in stock for me…

Abi make I try short the market ni?
What if there’s a reversal ?
Omo I no do,
Till September. Ire o

This dip doesn’t look like a buying opportunity to me o. It looks like a death trap.

iLegendd:
Eth, it's enough. I can't watch you go to 1.8k region this month. Recover now that I have entered at 2.7k. I'm not commanding you, I'm respectfully requesting.

lol. If eth goes a below 2k,
I’ll sell anything sellable to buy more.

Born2conquer,
I don’t want to imagine what your portfolio will look like now . Omo ehn.

First time being here,
Will be leaving crypto till November.

Wanna give a try on forex,
Where do I start from?
Someone welcome me please

SUPERPACK
Alexas58

lol I have friends like that. I come through for them too,

DoctorShomo:
Fake news!

The entire crypto market is not even worth up to $5 trillion presently

its from watcher.guru

Abeg how feasible is this?

Ejuna80:
Please house, which crypto currency can I trade with a capital of 10 dollars? Also which mt4 broker has all crypto currencies I can use for analysis? Thanks in advance for your help.

egbon, for now use your money to chop better food and also data to Dey view languishing and gnashing of teeth due to crypto volatility on here…
Ire o

doyin01:
Concerning the bolded , if for example the person made the transfer from a stolen account or he is a kidnapper etc just like the example you gave...even if you do not release the usdt to him or her.. assuming he already sent the money to your bank account nko and you realize the name is different from his name on the p2p , is one not in trouble already whether you release usdt or not?? If the person is guilty of sending money from someone else account , don't you think the seller is already going to be in trouble even if the seller cancels the trade...?? According to what many p2p platforms do advice , they will advice the seller not to release the coin to such buyer , but even without releasing the coin to the buyer, what about the money the buyer sent to the seller bank account already, won't that still put the seller in trouble if for example the buyer was a kidnapper that wants to use his or her victim money to buy usdt from you ?? It is scary

omo… nothing fear me pass p2p trade this life.. u go Dey your own jeje dey do legit, someone somewhere go one put u for mess.. funnest thing be say, gain on p2p no really worth the risk especially trading usdt.

sweetveek:
forget all these many analysis, once btc sneeze, your analysis go somersault

I don’t know whether to laugh or attack u .

You’re right and wrong at the same time

Valwezzy:
Yes
Minimum and rate?

sharpaly enter my dm.

I’m in full support of protest as it’s part of fundamental human rights, but what I’m totally against is destruction of private and public properties.
Anyone caught engaging in destruction of properties should be dealt with without mercy.. imagine looting a fellow citizen shop going through same hardship as you all in the name of protest … if na me, na shoot I go shoot u ..
However it’s high time Ogbeni Tinubu addressed the nation, make him no dey hide behind him wife like mumu… if him know say e no sabi what to do, make e step down or gtfo..
life is becoming unbearable for people out there.

People Dey vex, hunger dey deal with them..
Make e reduce petrol price, and open border ( if that will mitigate food inflation ),.. him sha claim to sabi politics, make e do something …


And to y’all batists and obidients using the protest to score cheap points, both of una no get brain..


Koko be say make Nigeria dey ok, I don’t give a damn about yall ..

Valwezzy:
You dy buy PayPal?

Fnf? Yes 247 .

Chully01:
Beeteec should do relief pump bik0
The torture on alt is too much

I can't imagine our daddy coin going to 47k
Na trenches straight

Daddy dumps 2%
Alt dump 15%

so if daddy dumps 15% nko ?

Judging by the reality on ground, what do you think is wiling the upcoming USA presidential election? .

Like for Donald Trump share for Kamala Harris

Hedgefunds:
You mean if btc drop to 30k during Nov you wount buy until 2025? Isn't the game buy low and sell high.

how sure are you that the alts (memes) you’ll buy at that price will make it back to its ATH, what if it goes lower ? What if e kuku die patapata and dem shill new coins in Jan?😀

Bro I don tell myself the bitter truth , the crypto game is rigged against alts( memes especially ).


If one is early , investing in btc/eth will guarantee nothing but success ..
Btc in January 2023 was 20k, days ago, it hit 70k , that’s solid x3.5.. even it it dips , you’re 1000% sure it’ll go back to its ATH no matter how long .. u can convince yourself on this with little to zero technical analysis.. same applies to eth, except crypto market tanks totally ..
Some of these alts especially memes are lower than what they were in January 2023 now o.
Except we’re in alts season or you’re totally out of market, chances are that you’ll keep loosing money on alts.


But if your question is about buying btc at that price , then yes, it’s worth it. Even if you buy btc at the top, at worst you’ll break even, it’s just a matter of time,

There is no free money, there’s no easy money, there have never been !.

But bosses in the house , I just critically thought of something ehn. It’s a long ranting so use am hold body and we continue digging deep (dip).
Sleep no kuku dey my eyes again ..


1. 90% of time, we’re better off hodling, cos we can’t really time the market , strategy might fail u, infact circumstances beyond control fit mar u.. for example, though not totally related, last night I was trading, I slept off real real hard, forgot to share acct to trade partner, trade canceled , I wake up now now now money don dip, the little gain on it don follow market go.. if i should sell, na loss, except I wait for market to come up.




80% of time, you’ll get burnt buying memes coin especially if you fail to book profit the moment your coin x2 atleast .. ( and u fit still lose if you take profit when it times 2, u know why? Continue reading).

this market is so manipulative that , e go sha catch u off guard ni , u mostly must have invested your last kobo before market begin pick and tilt towards your direction.. and then most people might have given up, ending up fomoing or kuku go out of market totally .

90% of time , it’s better to be early and stick to btc/eth and to some extent sol..
Let me break it down for u o, even with the rollercoaster of this market , I’m still in 40% profits on eth o.. I started buying when it was around 1500$+, except bear don dey full swing , I doubt if we will visit that price again this year or next . But u see memes coin, if i should sell any of them now, all the mumu profits I might have taken would almost turn to loss. When some memes were down 30% I thought I was buying the dip, not knowing the journey just started.



Truth is even if you take profit on your memes, if you don’t run as fast as your two legs can carry u, if you still Dey that market , 90% of time, the market go collect am back on the remaining ones you left to ride , if devil one catch u , u go still one dca, na there u go enter trap .. you’ll only win for real if say your meme x 5 atleast before taking profit, so before u go dca half of the profit back to market, u fit don soji, so last last , u go chop x2 in real sense ( how? Sheybi you don dca x3 of your profits thinking you’re buying the dip 😀😀, not knowing you’re digging your own grave ).,
Only the smartest of the smartest wey sabi analyse wells and the luckiest of the luckiest wey enter market during alts season , dey win memes games,, average person with little to no crypto knowledge better stick to btc/eth cos I tell u, it’s very hard to keep track of other coins except those two…

Memes to some extent be like dem sporty bet, na for online u go hear say person chop 60m , since u don Dey play , which of your friends don chop 60m? The ones that manage chop small money will mostly lose it back to the bookies.. the game is the game,😄😄..
Na for online u go hear person x50 on one coin, since you don start, how many times u don x5 consistently and clean mouth ? By clean mouth I mean wey market no collect am back from your hand , you ke , you never see something .,..




As it’s now, I am not buying any shishi again this year no matter the dip , the little invested don do..

Buy the dip buy the dip Dey always sweet for una mouth as if na beans, lol…
Imagine keeping 5 memes, u one kon dca atleast 500$ on dem, that’s 800k o, wey minimum wage na 70k, e still no sure say e no go go dipper,
I don save 1k$ sharp ahead of next year wey I go dey use fomo with 100$ 100$ on new coins wey go dey x20 per day,

Omo. See update, make I go write jamb

santos123:
Avax will might pass $100 next year

fixed

sweetveek:
calm down, the solana and avax of today had no history in 2020 but today they're doing well.i bet when aptos was newly listed and it dumped from 10$ to 3$, you would have said same thing until the pump from 3 to 20$. Dump is part of the game and all new coins released after that February pump have all been dumping so chillax.

Selling his coins now is like selling close to the bottom bcux i think there'll be one last btc correction before the uptrend continues and alts will follow.

Jumping from one coin to another might make the matter worse, what guarantees the next coin won't dump too?

avax is not doing well at the moment though

.. omo ehn, 💔

MrNovo:
$w wormhole isn't a terrible coin but not an established coin yet (2021) with so many competitors. The owners are financial market traders so they know how to handle pump and dumps.
But it has good utility enabling multichain transactions so huge prospects ahead which depends on been able to hold its own against its competition (Polymer, Orbit, Atomic, Squid, Mayan) that are more established.
Like I said before knowing the coin involved it boils down to if you are ready to wait for X amount of months or take the balance value and try growing on other portfolios.
Tough call to make. Sorry

Thanks for this.

Say you’re in his shoes, what will you ?

seanwilliam:
Any Samsung wey no be amoled na rubbish.. if you wanna buy Samsung pls make sure say the display na amoled and guide it with a armor protection

Omo this life sha, I remember this post was 2020, wey I dey hustle night and day to afford a20…. I wanted a70 but due to lack of money , had to go for a20s( a20 was discontinued and e pain me die cos I wanted to get amoled screen my fire by force lol).. phone wey no reach 100k that time o, Choi,

Now I no fit even use Samsung wey no be latest flagship now self ..Choi,
Alihamdulilai mehn, trust the process 💪🏿

47k$in todays rate is 75m Nigeria naira.

This is a lot of money ..

This thing dey pain me as if na me the thing do walai.
Last circle , I lost around 2.3m, I thought I lost a lot, omo I no no say na joke.. but come to think of it, if you go x10 that your money lasan, you’re made for life!!

Born2conquer:
On this day, I wished I had kept my money in btc. The pain of regret is so much, I've held BTC all my life, I only risk like 500 dollars or 1k dollars on alts.

I converted all my BTC last month and held ALTs worth 47k dollars, I am crying. My coin dipped to around 20k and BTC is already back and above the price I sold and I am still 50% down on alts. God why

The advice I one give you , I know say e Dey sweet for mouth cos I no dey in your shoe, but trust me, it’ll what I’ll do if I found myself in this situation..
47k is a lot of money, infact it’s what most people on here dream of profiting at the end of the supper cycle.

Bro that’s fhucking 75m…

During the March euphoria , I almost converted all my eth and sol to memes coins cos I was making better gains on dem floki and co, 12 buckets for no contain my tears now ..



Having lost over 43m, I’ don’t know your pocket o, but I can bet my two balls that you’re not doin bad by any standard.. what I’ll advise u to do is to leave it and let it ride or die, no be this kind money person dey cut loss and move on , it’ll forever hunt u.. if luck shines on you , you’ll xxxxx your money by this time next year. But if you still one cut your loss, just divide the 20k into two, let 10k ride..



If you will ever deploy fresh funds to the market, it should be on btc regardless of the price.

I share your pain brother, I really really do from the bottom of my heart,

Emu4life:
Ogbeni go sitdon. For months now, if not years, you have been warned of potential line blockage cuz of NIN and you ignored.
You want us to buy you Fanta or what??
The Government is sadistic but this one no follow.

one single sense, u no get
Number wey I don link for over two years, dem bar am,
u Dey here dey yarn okpata..
Dindinrin omo

https://www.nairaland.com/8124065/btc-cycle-explained-detail-7





This explains it all. Infact , nothing to add again.
Big thanks to you illegend. I read it more than 5 times.

The issue I have now is putting it into practice 😀 putting my emotions in check and applying logic where necessarily..

IronCastle:
Has Seun started paying
you for all these "Likes"
you're accumulating?

Na survey.
To know people’s opinions..

Moreso it’s part of doing my own research.

doyin01:
My own MTN line is working perfectly....so you cannot use your MTN line to do Internet subscription?? And calling and texting ??

yes . I can’t ..
And my sim is non-verified