₦airaland Forum

Crypto(alt) goes down more than it goes up🙂‍↔️📍

OgogoroFreak:
"Anyone can generate a token in minutes"

That's what you people are seriously buying with your money? Ona get mind o!

I hate the fact that you’re right.😭

Ballzproblemm:
Btc is never nearing 50k anytime soon

never ever say never in crypto.. the last flash crash should have proven this to you my bro.
Btc dropped 15% or there about in 5min.
Major alts dropped 70%
Memes dropped 80%.
This happened during bull o, imagine what happens in bear. I see btc revisiting 30k region, might not happen only if 4-year cycle is dead.
Openheaven19 says , every of your bear target will hit.😅

seanwilliam:
that two posts are the final catalysts for alt season.
If market fails to react positively to it, we all should wrap it up forget it.

Hi CN. Let’s be serious and stop wasting our time and money.
If it was last bull run, take it from me by now some memecoins would have x5 the moment the news broke. It’s why I called it the last catalyst for alt season.
Will there be alt season? At this point I’m no longer confident in it. If there will be, trust me not everything will go up. It’ll be a selective pump. Unlike here, on CT and Reddit, almost everyone is bagworking aggressively now for their coins to pump and dump for profit or break even. Everyone one looking for exit liquidity.

There are so much coins , no liquidity to spread out, no retails to dump, only institutions are buying( majorly btc and eth). Liquidity you see on memes are rotation from bagworkers and traders.
I want to ask you something ; if bull run can be so unpredictable and unrewarding like this, do you actually want to know what bear will look like? 😂😂. Maybe only 5 coins will Survive in total.
Just putting this out so you’ll manage your expectations. If QT ends and market still fails to pump, my bro. Pack your bags and call it a day.!
Good morning.

Ballzproblemm:
Lock in

that two posts are the final catalysts for alt season.
If market fails to react positively to it, we all should wrap it up forget it.

If market doesn’t react to this, let’s just pack up.

ogascomax:
What stopped you for meeting the better husband before marrying the man you got married to. If there were no better man you will never see one afterwards.

well she was not smart then ni, now she’s smarter.

Luckysbab:
Thank God say you sef be better man. Na make them dey pack come your side. More power to your elbows sir.

you missed the sarcasm too

Don’t listen to her.
Divorce your husband if he’s not satisfying you.
Don’t tolerate disrespect from any man. Better men are outside please don’t settle for less.
You deserve better.

Gerrard59:
What happens after this loss? How do most people regain financial stability?

some exit the market and face real life husle. Some start all over believing they’ll make it back.. Some go broke patapata yányán.


It’s magic internet money my bro

ElectronicMoney:
As from January 2026 apart from BTC there is nothing on the face of the earth that will make me invest my money in an altcoin that is not in the Top 20

Just stick to btc , with the current market condition there’s no difference bidding top 20 and top 500.
If you check those coins in top 20, they’re down 60-80%.
Except eth, sol and bnb, none of them have hit previous ATH. These people are extracting liquidity with alts.

Bet9jaVirtual:
You knowe, I don't like to read long epistle



Have you made money.

Yes or no

I made little profit which is insignificant to me.
I didn’t lose on it.

JackDaAlienz:
Thanks but point of correction please how can somebody loss $200 just like that. Say wetin happen
Abi is crypto worse than virtual..wtfh

So you are saying the $38 is not mine
That one no concern me. Thunder go fire am into pieces of I no see that money he has blocked me but I don't have funds to travel to warri to his house. This guy is from my maternal side.
From 200 to 30 you sef reason am. This is scam

You’re very funny. Collect your 38$ in peace , count your loss and move on. It hurts I know.
Just last crash I’m down like 6k$ on SPOT( only my $useless bag has recovered. Lost some profits to that crash mehn).. last week My wallet drained 422$ on telegram trading bnb memes.
If I should count what I’ve actually lost over the time since November 2023, lol, u no go believe.
If not that I followed SINISSIN advice that I should invest in real life and stopped DCAing that time, my life for don kpeme..
Baba there’s no crying in the casino. Na you Dey find magic internet money..

JackDaAlienz:
Hello guys. I'm newbie in trading.

I have a childhood friend who was heavy into crypto. When I got my first gigs on Fiverr he told me to use the money and trade crypto.

As someone who doesn't know anything about crypto. I left everything for him as I always saw how successful he was with crypto.

I gave him $218 and he promised that by November it will turn to $300+

Fast forward October 13th
I got a very sad news that the company I was doing remote job for in Canada has fired us and replace us with A.I

Then still in agony I called my friend to tell him to withdraw the $218 I gave him to trade for me and he told me crypto crash and he can only give me $38

After very heated call I had with him it seems he blocked my number!!!

Please what should I do
I'm literally feeling suicidal and lost all my money and don't know how to recover my $218

Please crypto people is there a way I can report him and have my money back.
I google crypto and they say it is crashing I have already lost my job. and I don't want to loss my money.

Not to support your friend, but it’s very possible .
Infact, if he was trading future and he’s still able to come up with 38$ after what happened last week, then he’s a good person. 99% of leverage wiped out that day , the biggest liquidation ever in crypto.
Also if he’s into spot (which I doubt ) it’s still possible he lost it because some alts dumped 90% that very day and 99% of those coins have not recovered to that pre-crash point. ( don’t forget that recovering that fresh doesn’t mean profiting sha)😀
If he’s into Degen, infact i can bet my balls that the 38$ was from his pocket and not what your money remains 🙂. 99.9% wiped out that day.
I’m not throwing numbers around brother, check it out yourself.
His only mistake be say he didn’t tell you the risk involved. Lol.To burst your bubble, 218$ in crypto is nothing in the grand scheme of things in crypto even if it means a world to you.
Collect that 38$, count your loss and move on.
He’s a good friend for even coming up with that 38$.
You for do am yourself if it’s easy.

Don’t ever give anyone your money to trade for you. Trust me , if he’s really making money from it , he doesn’t need your money. 😂 there are endless possibilities in crypto that you can flip 5$ to 1m$ (pun).😀



Welcome to crypto bro…📍

Bet9jaVirtual:
Seanwilliams followed Graceglory advice and bought crv.


Let us ask him howfa.


Sean Williams have you been making money from crv?

I remember you bragging that it was your biggest holdings

1.There was never a time crv was my biggest bag, it was one of. Most of my bags were memes.
2. I honestly didn’t lose on crv, I broke even with little profit and I think I talked about it here( you can search it). First entry was 0.9 or 1>, I bought all the way down to 0.37 or so, I broke even around 0.5-0.6.
3. Except eth/b n b, almost everyone holding any alt is currently at massive loss. The only way you’ll be in profit now on alts is if you bought at extremely low point( 99% of people didn’t) or if you kept dca especially after that flash crash across board( 99% of people didn’t cos they’re now broke.) even retails/normies were too afraid to get into the market cos of the crash . So in support of graceglory, technically , everyone on spot is currently at loss regardless of altcoin you’re holding minus eth/bnb.


Truth of the matter is, crypto is not what it used to be anymore, it’s not a matter of SKILL issues again. Abi which skill saw the last crash coming?.
Also narratives change daily now, no more diamond hands , coins are created every seconds, institutions are bidding only btc and eth, even normies will rather leverage btc/eth than hold alts on spot, even spot buyers barely hold anymore too, most will jeet at 20% profit. The last crash has discouraged traders, retails and noobs, So how do you expect coins to pump?.
Crv was a good coin, and under normal circumstance, buying it at any price he called was a good decision.. but market has changed.

Round 2? 😳

Bet9jaVirtual:
Which coins are we buying again?

Buy enough data so you’ll be able to watch plenty people cry tomorrow on CT

This kind of liquidation wick accross board within 5min has never happened before in the history of crypto.
Nobody saw this coming ( if you did, you should be a billionaire currently).
Lastly, it’s either this marks the beginning of the greatest alt season or the end of cycle.
Either of the two.
Crypto is the fastest way to depression, leverage is the fastest way to die.
Good night!

GRACEGLORY:
Success is hard... Very hard... Success is extremely wickedly hard.

Brethren, success is a brutal climb, a jagged mountain where every step cuts. The path isn’t lined with inspiration, it's littered with doubt, failure, and sacrifice. You start with a spark, a dream that feels like it could carry you, but the weight of reality sets in fast. Sleepless nights bleed into early mornings, each one a grind of discipline over desire. You trade comfort for obsession, swapping fleeting pleasures for long, lonely hours of work, and endless researches that seems like they might never pay off...

Becoming successful is hard. Not just challenging, it's painful, very painful, as if the pain could kill you. It's a gauntlet of sacrifices, failures, and relentless self-doubt that strips away illusions and tests the very core of who you are. If you're embarking on this path, brace yourself; the road to the top is paved with thorns. Consider the sheer grind of it all. Success rarely arrives on a silver platter; it's forged in the fires of unyielding effort. Think of the entrepreneur who pours every waking hour into a startup, only to watch funding dry up or competitors swoop in. Or the artist who submits manuscript after manuscript, facing rejection slips that feel like personal indictments, the trader and the investors alike... Clutching bags of assets of what would have been assets that turned rocks. Longs and shorts been slaughtered by manipulations, while you watch others celebrate their breakthroughs feels like you're in fetters. These aren't isolated incidents, they're the norm. Then there's the emotional toll, a shadow that looms larger than any physical strain... Thawing at your mental health.

Yet, amid the hardship, there's a perverse beauty. The pain refines you, teaching resilience and empathy that no easy win could impart. Success, when it comes, tastes sweeter because of the blood, sweat, and tears invested. But make no mistake: it's not for the faint of heart. If you're pursuing it, acknowledge the cost upfront. Embrace the struggle, or it will break you. In the end, true success isn't just about reaching the peak, it's about surviving the climb. No wonder only 2%-5% of the world population are successful.

Get encouraged brethren, and get back up, and just believe that you'd breakthrough in this sphere. Reacces your bags, and lock in. Whine no more. You'd win. Believe me when I tell you so.


THIS CLIMB, I MUST SURVIVE, THIS CLIMB, I WON'T GIVE UP, I'M A SURVIVAL, I'M A SUCCESS, I AM GRACEGLORY (For when a man encounters the Grace of GOD, he see God's Glory).



I'M NOT A GAMBLER

Ngl , this post hits home. I posted something related to this as a comment on one thread sometime in the past .
My response to this is gonn be long.
See make I tell u , it’s extremely hard to make it in this kind of country. Most people you think are saint or legal out there even on this thread are not who you think they’re.. trust me I perhaps know more people than anyone on this thread and nairaland in general.. so I’m telling you a first hand info. I’m not advocating for illegality , but you need to first understand your reality and operate from it, that way, you’ll be able to manage your expectations, spot your leverage and weakness. So stop blaming yourself for not being where you want to be yet. The road is mostly rough and dirty!!!

Legally it’s hard. You’ll understand this if you come from an humble background where there’s zero support system, where you’re faced with black tax, where any wrong decision can send you back to square one( especially if you’re into business ). Even you might do everything right , thick every box and government policy will still fail you.

Illegally it’s even harder, lol. If you’re thinking of starting yahoo in 2025, you’re late already, peak of yahoo was 2020. Wetin remain na crumbs and game of luck . You’ll start from bombing to nursing to billing , all for 200$ iTunes , and if efcc catch you, your crime is the same as a guy that runs office update or tear CC with big block 😂. And for such real Update , nobody is going to put you on if you’re not doing well yourself cos everyone is gatekeeping and leveraging on wetin dem get in order to get something better. You can’t come accross such update on nairaland or twitter . so you see the game is rigged against you before you start 😂😂.
Why I’m analyzing everything deeply for you is so you no go dey whine yourself , so grab the bull by the horns while operating from your reality.

Crypto is supposed to be the fastest and easiest way out of trenches ( it was actually) but the game has changed , you’re either the player or the pawn now. You’ll be surprised that most self acclaimed traders only make money in writing or selling books and not trading itself.

Ai can now generate extremely perfect trading history videos and screenshots. So don’t think you can expose them.
Which ever way you choose, don’t expect it to be a walk in the park .

And i need you to also understand that being patience sometimes is the same thing as wasting your time. Make I give you an example.
My woman birthday is coming up, she said she’ll like a photoshoot , she was scrolling TikTok to find better photo studio, in the midst of that , I was scrolling on Twitter and saw Gemini prompts and photo edits.. naso i tried it o, infact it came out 1000% perfect. Now photoshoot is canceled and the prospective photographer has lost a potential client forever 😂.



Chat gpt has replaced home lesson. With the right prompt, it’ll break down and explain everything thing to you .. home lesson teachers will lose their side hustles.
Soonest song writer will lose their jobs, ChatGPT can write a song for you.
YouTube content creator will feel it soon, ai now creates clean videos. Just give it the prompt.
And many many others I can’t remember.
Imagine being patience and hopeful in such hustle.
You need to keep improvising , keep trying your hands on different things ,put yourself out there , be visible, network with like minded people, be honest, be fast, be calculating, ask questions, package yourself, build trust and leverage on it , FINALLY, PRAY FOR GRACE, then hope for the best.


Again,Which ever way you choose, don’t expect it to be a walk in the park .

WAGMI📍

GRACEGLORY:
Try out this steps. Apologies for slow response. Haven't been here.

1. Check if the Binance Smart Chain (BSC) network is enabled: Ensure that you've selected the BSC network in your Trust Wallet. To do this, open Trust Wallet, click on the toggle at the upper right, and search for "Smart Chain". Make sure it's enabled.

2. Add BNB token manually: If you've checked that BSC network is enabled, try adding the BNB token manually. Go to the wallet tab, click on the top-right icon, and search for BNB. If it's not visible, add it manually using the contract address.

3. Verify wallet address: Double-check your wallet address on BscScan to ensure it matches the one in your Trust Wallet. This will rule out any address-related issues.

4. Clear cache and data: Try clearing the cache and data of the Trust Wallet app or reinstalling it. Make sure to backup your recovery phrase before doing so.

5. Use WalletConnect: Consider using WalletConnect to connect your Trust Wallet to a decentralized application (DApp) like PancakeSwap. This might help you access your funds.

Thank you so much for your response, God bless you.
A nairalander has helped out just like you just did.
I imported the seed phrase to okx.

This life, update nah him person need, if not him go don dey rotate for one spot.
Thanks.

Brotherly , good evening.
Abeg I need una help.
This morning I saw some bnb memes pumping, I decided to buy some with 260$. I sent bnb to my trust wallet , it appeared. I saw my balance , the app asked me to update the trust wallet, I did. After the update the balance is not showing again.I had to use floki bots since I’m unable to use the fund on trust wallet.
But I can see the balance when I checked the address on bscScan. I’ve tried using extension and importing it on my pc, yet no solution.
Please help. Looks like I’m doing it wrong. I don watch some videos too, I no get am.

Cc: graceglory illegend Alexa, chicacha

Allthingswork:
. Sean Baba, I'll be carting these iPhone 17 pro devices this week. Let's work on something, if you know what I mean. You, na senior man for these NL streets, tey tey.

pm

yemmit90:
A real bull run won't happen again in crypto market, know this and have peace. You cant have big institutions and whiles that long and short market and expecting a real bull run, that is the big difference between then and now.

Crypto is better off as trading tools like forex now. It is not something you keep any longer, just make a short gain and wait to buy low again.

if you really love your money, trade only top 50 stable and meme coins. The rest can bankrupt you for ever even though they perform excellently well initially.

I think the only way hodling for long can be profitable like before is to wait for bear market, I mean during the extreme alts menstruation 🩸, when btc dumps beyond expectation. I’ll start bidding again at 30k per btc 😁.




Please can you expatiate the emboldened ?

GovernmentAgent:
Stop being an alarmist, no one is going to demolish the factory of a brewery that has been in operation in Nigeria for over 50 years while paying tax and providing employment.

A major difference between an actual company and your crypto is that there is actually a succession plan.

The brewery in question has had over 10 different CEO since in began operations in Nigeria yet its still standing.

If something happens to Vitalik Buterin or Brad Garlinghouse, or Charles Hoskinson can you guaranty that their projects ETH, XRP and ADA will continue to thrive?

Apart from BTC the other crypto projects are nothing but imaginary constructs which are driven by hype and elaborate marketing gimmicks.

This does not mean that a person cannot make money from crypto - you only have to bear in mind that when you're making money in it someone else is loosing money and when you're looking money in it someone else in the space is being enriched with your money.

The whole crypto thing does not create any new value, it just robs Peter to pay Paul

Not to $troll you , ngl, you’re right. Apart from Bitcoin, which is decentralized and not controlled by anyone, most other coins are driven by hype and lack real utility. ALL OTHER COINS ARE $USELESS.Many altcoin maxi believed the recent rate cuts and dumped Bitcoin dominance would spark a rally but market continue to Dey dump, Dey drain liquidity. At this point IMO, many altcoins will never return to ATH. We can’t experience 2017/2021 parabolic pump anymore because there are too many coins being chased with little money. Although I still believe a select few will still see significant gains. However, having waited for long , I’d advise holding off until December before making any final decision. Personally I’ll exit market if I’m 70% close target any moment from now and if I don’t, I’ll exit finally with whatever remains by December inshallah.

moshuur:
Thanks ….
Just want to be certain

Anyways , my 100 dollar don reduce to 60 dollars…..

I need ur house address….local man needs to wear timbaland come pay u a visit 😂

I Dey inside odogbo army barrack, Ibadan . 😛

moshuur:
Sean…are u talking about this troll?

I want to be certain I bought the right one

here.

narit:
At the bolded, you just cannot help but be swayed. I threw a $1,000 into a coin I have no idea or the foggiest knowledge about just because he or she mentioned it. I broke my number one principle when it comes to buying anything (buying things without proper knowledge)

that’s the money you pay for not doing your own research.
While I commend him for his consistency and dedication to his research, i can’t blindly follow his calls without doing my own research too, now.


To his defense , I first bought crv @.90 I think following his calls without doing more research , I dca all the way down to .3 and bought massively @ .5.
Already break even.

This is magic internet money bro, nobody knows what works 100%. Need to be smart or you’ll be slaughtered.
Wagmi📍

GRACEGLORY:
Good question!

The Fed's September 2024 rate cut (50 bps) boosted Bitcoin (+15%) but had minimal altcoin impact due to high Bitcoin dominance. Now, with a likely 25 bps cut by September 17–18, 2025, alts could rally due to:

1. Rising global liquidity
2. Growing altcoin ETF inflows and institutional access.
3. Altseason signals (index at 76/100, BTC dominance down to about 57.4%). You'll be able to confirm this if you have been following the index on coinmarketcap.com, and
4. The expectations of Dovish Fed and weaker USD favoring crypto.

well, I’m not famzing him or saying this to make him feel good, but this guy is one of people I’ve met ONLINE that stand by their convictions. He’s very consistent even though he gets it wrong sometimes.
Like he’s never changed his belief to suit new narratives or pandered to people’s wants.



Go on Twitter and establish yourself among CT. Put yourself out there, might take time awhile but the world will see you and appreciate you better.
Wagmi📍

I think I’ll buy the 17pm. Coming from 14pm. The phone don try . I love that new blue color.

seanwilliam:
Dips are for buying. This is not the time to panic sell. If you can’t buy more , just hold on to your high conviction.
In addition, so many people will be lured into perps before the parabolic move , don’t fall for it!. Just sit on your spot and zoom out!.

I somehow believe this might be the longest bull cycle extending to 2026. If I hit target or close to it by November, then I'm 90.% out.

Dips are for buying. This is not the time to panic sell. If you can’t buy more , just hold on to your high conviction.
In addition, so many people will be lured into perps before the parabolic move , don’t fall for it!. Just sit on your spot and zoom out!.