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Investment / Re: Crypto Currency Investors Thread by Superpack589: 1:17pm On Jan 03
Is it that some whales are trying to create a place to get in for the bull run? From 6 billion market cap to 10 billion in minutes. This manipulation is glaring.

3 Likes 2 Shares

Investment / Re: Crypto Currency Investors Thread by Superpack589: 1:14pm On Jan 03
Jesus Christ this is very bad. This crash is very very bad.

3 Likes 2 Shares

Investment / Re: Crypto Currency Investors Thread by Superpack589: 11:01am On Jan 02
Smithwilliams826:
don't you make loss?
Who cares? Do you go around parading your loses?

1 Like

Literature / Re: Case settled, so I had to modify the post based on request. by Superpack589: 10:36am On Jan 02
iwriteall:


You be thief grin

I think say u no go pay
I did not pay anybody anything. God purnish you and your work. What am I paying for? I don't have any idea of what you are talking about. You are just a hopeless scammer. Delete the idea that me and you ever worked together from your brain. I do not work with fraudsters.
Literature / Re: Case settled, so I had to modify the post based on request. by Superpack589: 10:24am On Jan 02
Comfort670:


@Superpack589, also known as @Royatechs has paid me my money a few minutes ago, though he didn't pay in full but I leave it. He ignored me until I threatened to report to the Dutch government and embassy in Nigeria, which is where he lives. Thank you everyone. I really appreciate your concern.

You know you are insane? How did you even come to mention me claiming that I am oweing you money? Do you know me before? Why link me with an issue you have with another person whether it is true or not? You even went to the crypto thread where I am very active to accuse me for everybody there to see. And now you have come back here to claim the issue has been settled?
Literature / Re: Case settled, so I had to modify the post based on request. by Superpack589: 7:47am On Jan 01
iwriteall:
I don't understand why people are so wicked

From 1500 words pay to 2500 words
u didn't increase the pay
Person worked for you and delivered

You couldn't even compensate the person

Instead you said he should join your and write for your blog
Thank God he didn't agree
That's how he will Write more than 20k words with nothing to show for at the end of the month

Guy, God will punish you

I will make sure your blog is taken down
Comfort670 please reach out to me

Lol. You're expressing yourself. Proves that you are the same person. Hopeless scammer. Get a life.
Literature / Re: Case settled, so I had to modify the post based on request. by Superpack589: 7:38am On Jan 01
iwriteall:


You're a useless thief, someone just dropped a screenshot of your chats from early December
and you're saying he contacted you on 29th
You are the same person. Lol. Bro ask for help if you need help. Why accusing people falsely on Nairaland? Is this the new yahoo yahoo style?
Literature / Re: Case settled, so I had to modify the post based on request. by Superpack589: 7:30am On Jan 01
Lol. Is this how you want to start the new year? Accusing people falsely on nairaland? You are a hopeless scammer. You just went to the job opening I made, copied some information from there, composed this writing and posted. What do you want to achieve with this? Who are you seff?

You commented on the job post two days ago on December 29 and you're claiming you've worked with me for 28 days. Haha. Hopeless scammer. I feel sorry for your life.

I will report this post. This is defamation of character.

Investment / Re: Crypto Currency Investors Thread by Superpack589: 12:46am On Jan 01
Happy new year fellow traders. I want to start this year here asking this question:

Can crypto really make one rich? If you don't mind, share your success stories make we take motivate ourselves. Some of us have lost more than we can think of making in this den of lions.

Thanks and I wish you all a victorious and prosperous year.

1 Like

Investment / Re: Crypto Currency Investors Thread by Superpack589: 11:09am On Dec 29, 2023
GRACEGLORY:





You can’t depend on history alone, you must look at TA, and use market Psychology too.
The pullback is what crypto stock buyers are waiting for.
But, what if this time is different ⁉️ There’s never being a BTC ETF before, being anticipated after the winter.



I’ll rather dip or pull back with the market (with Usdt set aside) if need be, rather than get left behind

https://www.nairaland.com/6318352/crypto-currency-investors-thread/3419#127637657

One thing I have learnt about this crypto market is that it is far more heartbreaking to get left behind than to be in a losing trade or lose a trade. Also it is a thrilling adventure to just watch your money go up and down with the tide and then eventually pump (or nose dive lol). This has made me give up day trading and I'm glad my patience is gradually increasing to be able to watch the market even when I'm in a losing position. I can't tell you how many times I have ended a losing position and then woke up to see that the asset has pumped. At that moment, I just say to myself - "If only I had just a little more patience".

But I still wonder how people manage to hold positions for months or even years anyway. That ability definitely takes some years to master. Kudos to all the veterans in the house.

Meanwhile 1000Bonk is pumping hard. That stupid coin that once wrecked me. Pepper body coin. I have vowed that I will get rich with that coin.

4 Likes

Jobs/Vacancies / Re: Any Company Looking For Corper In Oyo State? by Superpack589: 10:21am On Dec 28, 2023
Investment / Re: Crypto Currency Investors Thread by Superpack589: 10:50am On Dec 27, 2023
GRACEGLORY:
It is imperative that you never forget why you entered this market.
While it is true that we would all like to see the world change for the better. However, we have to prioritise our own survival first.
In today's society, it can be challenging to make ends meet, and this difficulty is only beginning as prices rise beyond the reach of many. You should seize the opportunity to improve your financial situation at every reasonable cost within sanity.
Additionally, avoid going on a spending binge—making money is about investing, not spending.

Believe me, if you know what you’re doing in this sphere, las las you go dey alright.

At this point, there’s no dip that may occur that we haven’t experienced worse.

Truth is,
We are more closer than we were far.
Very powerful words to start a very promising and bullish day.

3 Likes

Investment / Re: Crypto Currency Investors Thread by Superpack589: 8:37pm On Dec 26, 2023
GRACEGLORY:




Do your research before you buy, so that when you buy, you know that you’re not gambling. MONEY DIP IS NO ACTUAL LOSS UNTIL YOU SELL IN RED.

CHILL, I DONT THINK THIS IS THAT DIP. ITS LIQUIDITY BEING DRAINED. HANG IN THERE.
Yes sir. Thanks for the input. I have made up my mind sha. This 2024, I no go gree for this crypto market.

1 Like

Investment / Re: Crypto Currency Investors Thread by Superpack589: 7:10pm On Dec 26, 2023
GRACEGLORY:




I’ve read through these, twice.
And here’s what I think,

There’s been a recent issuance of one billion ($1,000,000,000) USDT, this is typically interpreted as an indication that exchanges and whales are ready to drive cryptocurrency prices higher.

Two, I expect a decent pullback in the crypto market in early 2024.

The first action coincides with my expectation.

This isn’t TA, it’s market Psychology. I may be wrong

Hmmm. Did you know I actually read that article after I greedily longed Eth and one other useless altcoin two days ago in anticipation of more bull run? It's funny how (we newbies) become interested in reading more about the market after getting into a position that immediately goes against us. Lol. Omor you go serious start to dy read everything that time. Haha

It's even funny that I just lost huge money few weeks ago which made me swear that I was never going to do this again; look at me now.

It's like the fear of missing out is stronger than the fear of going bankrupt honestly. But this crypto thing, everybody says one thing and then you follow and the next day, everybody is saying another thing. Lol. It will then feel as if you have been deceived. Chai. Body dy pain me. Look at the market now. Everywhere is showing red red red. Somebody help me please. GRACEGLORY help me. What I am doing is just overzealous gambling. You always say you are not a gambler - help me not to be a gambler.
Nairaland / General / Re: Members Integration by Superpack589: 4:06pm On Dec 25, 2023
Really old post.
Investment / Re: Crypto Currency Investors Thread by Superpack589: 6:02pm On Dec 24, 2023
It’s that time again — when your friends and family members who know you’re into Bitcoin text asking if now is the time to buy.

A time that signifies we’re at another peak in bitcoin’s price.

I know, I know. How bah-humbug of me.

But the truth is, if you’re thinking about buying bitcoin right now, it might not be the best time to make a sizable purchase — despite the fact that we might see spot bitcoin ETFs (exchange-traded funds) approved in the near future (possibly as early as January).

Why?

Let’s start by looking at bitcoin’s price action during periods leading up to the last two Bitcoin halvings. (The next is due in late-April, when block 840,000 is expected to be mined.)

Bitcoin halving cycles last about four years (210,000 blocks produced at approximately 10 minutes per block). At the commencement of each cycle, the block subsidy reward that Bitcoin miners receive is cut in half, which triggers a bitcoin supply shock.

Historically, bitcoin’s price has risen dramatically during the year and a half that follows the halving. The price then tanks and trades in a range for the cycle’s other two and a half years.

From late-2013 until mid-2016, when the second halving occurred, bitcoin’s price fell from $1,166 to $156. It then rebounded to $780 — 67% of the previous all-time high — before falling 40% to $472 in August 2016.

The $472 price point marked a local bottom just one month after the second halving took place.

From late 2017 to late 2018, bitcoin’s price fell from $19,666 to $3,150 before rebounding to $13,882 — 70% of the previous all-time high. By March 2020, its price had fallen 72% to $3,867.

$3,867 marked a local bottom two months before the third Bitcoin halving, which occurred in May 2020.

Another two-and-a-half-year period that precedes a Bitcoin halving is coming to an end. This period began in late 2021 and will end in April 2024, when the fourth halving is scheduled to occur.

During this period thus far, bitcoin’s price has fallen from $69,000 to $15,522 before rebounding to $44,759 — 65% of the previous all-time high.

This 65% rebound — the current one — is awfully close to the 67% and 70% rebounds we saw in the two previous cycles.

And so the big question now is: Will bitcoin’s price retrace significantly leading up to the next halving as it has leading up to the two previous halvings?

If bitcoin’s price were to fall 40% from these current levels — as it did in 2015-2016 — we’d see bitcoin’s price at $26,855. (As of writing, it is approaching $44,000).

If it were to fall 72% — as in 2019-2020 — we’d see bitcoin’s price at $12,532.

I’ve seen very few people mention such numbers in the wake of the euphoria bitcoin investors are currently experiencing.

So, will this time be different?

Aren’t we waiting for billions of dollars to flow into bitcoin almost immediately after the spot bitcoin ETF is approved?

Maybe.

No one knows whether an approval of a spot bitcoin ETF is priced into the bitcoin market yet.

Some believe it is and that the announcement of a spot bitcoin ETF will be a “buy the rumor, sell the news” event — a situation in which bitcoin’s price rises in anticipation of a spot bitcoin ETF announcement, as it has been, but then sells off once the ETF is announced.

Others say it’s a “buy the rumor, buy the news” event — a situation in which bitcoin’s price rises in anticipation of a spot bitcoin ETF and rises again once the ETF is announced.

The truth is that no one knows what will happen in the wake of a spot bitcoin ETF being approved and coming to market.

And with Bloomberg analysts predicting a 90% chance of approval by January 10, 2024, hardly anyone seems to be asking the following question: What happens to bitcoin’s price if the spot bitcoin ETF isn’t approved? (Though CoinDesk did.)

This scenario could easily be grounds for a significant drawdown in bitcoin’s price. The drawdown might not be as severe as the previous two, but it would likely be notable.

Also, what happens to bitcoin’s price in the event of a hard landing?

While the powers that be and major institutions will have you believe that we’re on our way to a soft landing or, at worst, a mild recession, those of us who remember hearing the exact same rhetoric in 2008 aren’t so convinced.

A number of reputable outlets have stated that we may be amid a “melt-up” — a situation in which asset prices rise parabolically before crashing catastrophically.

This isn’t hard to believe given that the Dow Jones Industrial Average is at an all-time high, while the S&P 500 and the Nasdaq are almost there, as well — all while we’re still in an environment in which investors can earn over 5% risk-free in money market mutual funds.

If a melt-up is currently taking place and bitcoin’s price is going along for the ride, then there are two more questions we have to ask: How high does bitcoin’s price rise before it comes crashing down, and what sort of investing strategy is best to employ if this is the case?

While the first question is difficult to answer, the second isn’t as challenging.

By all means, continue to HODL your BTC and DCA (dollar-cost average) into the asset, as these investment strategies have proven fruitful for anyone who has held BTC for more than four years.

The one thing you might want to avoid amid this euphoria is aping into a large position at these levels — especially with any sort of leverage. (To quote the Founder & CEO of Custodia Bank, Caitlin Long, “A fool and their leveraged bitcoin are soon parted.”)

If we see a massive drawdown in bitcoin’s price, you’ll want to have some cash on the sidelines to buy, not find yourself bitcoin-less and cash-strapped due to acting like an overzealous gambler.

As always, we don’t know where bitcoin’s price will go from here. Maybe it actually will move up only both into and beyond the halving.

But if history repeats itself and bitcoin performs the way it has right before prior halvings, we may see bitcoin at a significantly lower price as the halving in April 2024 approaches.


Copied from CoinDesk

5 Likes 1 Share

Investment / Re: Crypto Currency Investors Thread by Superpack589: 6:26pm On Dec 23, 2023
GreatManBee:


I know bank charges and tax can be high in the west, but come on, 40% is quite huge. Let's talk in DM.
Check inbox
Investment / Re: Crypto Currency Investors Thread by Superpack589: 6:06pm On Dec 23, 2023
GreatManBee:

Why you collecting 60% of your salary?


The payment goes to a friend's paypal account and after taxes in the person's country and bank charges, I only get around 60%. I've not been able to find another way to solve the issue.
Investment / Re: Crypto Currency Investors Thread by Superpack589: 5:34pm On Dec 23, 2023
Hope they will not allow people perform crypto transactions with their banks for few months and then later close it, then start targetting accounts that have been used to do such transactions. P2P has been serving well and it's very anonymous. Transacting with the bank leaves too many traces. The only problem is that banks will offer reduced USD exchange rate for buying and that will attract people.

Somebody whisper to CBN that we also want them to allow Paypal operate freely here. I'm tired of collecting only 60% of my salary every month.

3 Likes

Politics / Re: Tinubu, Fubara, Wike, Odili In ‘Crucial’ Meeting In Aso Rock by Superpack589: 9:32am On Dec 21, 2023
Fortruth:
Anyone calling themselves “Rivers” is mad and needs to see a doctor
What state are you from?

3 Likes

Nairaland / General / Re: Nairaland Is Back! Do You Miss It? by Superpack589: 9:18am On Dec 21, 2023
Seun pay attention to this site.
Nairaland / General / Re: Nairaland Is Back by Superpack589: 9:13am On Dec 21, 2023
DesChyko:
See cobwebs everywhere grin

How do we catch up on all that we have missed now?
I swear. See dust for table. Na wa o. Just two days o.

1 Like

Food / Re: How Many Packs Of Noodles Do You Eat? by Superpack589: 6:59am On Dec 18, 2023
Amigoss:
With fry egg and chilled pessi,I fit eat 7 super pack wink
I swear you no fit try am.
Romance / Re: What Can I Do About This by Superpack589: 11:35am On Dec 16, 2023
post=127510120:
NaijaÇover is following
Monitoring spirit. Na everywhere them must see you?

1 Like

Romance / Re: What Can I Do About This by Superpack589: 11:19am On Dec 16, 2023
bigpicture001:
simply dont tell her nomata what... female bankers have the highest ego a nigerian human can have...if sh is the one fancying u ,its a different ball game ...if u try it, sh will insult u nd tell her colleague..

female bankers are too full of pride..they date only thier rich customers

Lol. I laugh eh. Especially marketers. They like rich customers o.
Romance / Re: What Can I Do About This by Superpack589: 11:04am On Dec 16, 2023
Stamina777:
Hello nairalanders, please I need your advice on this. I work in a bank as a cleaner and I go on errands for bankers in the bank. Am 24 year old and I only have my school start with me. I have an ambition to further my education though.

So their is this lady banker I like so much. I do go on errands for her. She is in her youthful age too but might be a little older than I do. I love her but I don't know how to tell her. I fear she might cast me if I tell her my intentions or I might lose my self respect.

Moreover, I always feel lonely because I rarely socialize. I go on errands because of the tips I make from it. Nobody gives me money for not doing anything. I feel less cared for but I care more about my loved ones even though I only give to them. I feel lonely all the time cry

Please what should I do

I use to work as a cleaner in a bank branch a few years ago. I resigned in 2021 after working there for 4 years. During my work there, I was the youngest person in the entire branch so everybody sends me on errands. Those 100, 50 naira change on top was what I was after because they help me alot. After buying the food for my colleagues, I would use their change to also buy for myself too. At a time it became too much as they almost turned my primary job into an errand boy. I had to fight and stop the errands and focus on my future.

At the time, I only had waec which I even failed. It was with that cleaning job that I was able to write Nabteb and then furthered my education. If a school is around you, it will be easier. After morning cleaning, you can just go to class and if nothing is going on in school, you can return to the office and it is important to also have somebody telling you what's going on in school. Before you know it, you will be done with school and have the result to apply for a better position in the bank if you wish to continue working there. You have to focus on your future.

Fast forward to the topic at hand. Most young guys who have worked as cleaners experience this, especially if you are the one running errands for everybody. The ladies especially will treat you very well, you will almost think they like you. Most of them just want to continue using you. And you may just be having that feeling because you feel she can help your life easily.

I think some can be genuine anyway but the challenge is that the gap is too much. Cleaner and banker. They will always look at you lesser except it is just genuine love and the lady loves you too. The chances of this ever working is very slim and the stress is just too much. Both of you will not be able to work in peace in the bank anymore. If she really really loves you, she will tell you to stop running errands for others and will also be commanding you sometimes because she is above you in the office and you will not be able to take this for long. The challenge is just too much.

There was a particular petite lady at the bank where I worked as a cleaner. This lady just liked me. I almost felt she wanted me to be screwing her. She would come to the cleaner's office where I use to sit down most of the time (if there's nothing to do) and just rest her head on my shoulder. My preek go just stand. She does not do this to any other person in the bank. She was so close to me and just like touching me every time. The connection was very visible that my fellow cleaners were even telling me to advance that she was giving me green light. I was just too scared and afraid of doing it abeg. In my own case, I believe I would have been able to nack this lady if I was a bad boy.

Even apart from that particular lady, there were plenty of others in the bank who were just too nice to me that I had feelings for. Many, fine fine girls o. But I'd rather go and stand outside and toast one customer or student (because the bank was close to a big polytechnic) than toast a staff.

The problem is that you are bored. It happened to me too. So after morning cleaning, I would just go upstairs and start pressing my phone.
I loved writing so much and so at a time, I started applying for writing jobs on this nairaland. When I got a job, I would use my free time to do it and that filled up the gap so I was no longer bored because it was like doing two jobs at the same time. I eventually resigned and started writing full time. Now I earn in a month what some of those my former colleagues earn in 6 - 7 months. No jokes.

For now, what you should be focused on is how to build yourself up and get yourself a better future. On the other hand, you will definitely leave there one day so if you want to have some adventures and be able to tell those funny stories later, you can try asking her out. The world will not end. Just do it casually and don't count on her saying yes. She might say no and you move on with your life. Whatever happens from there, you can face it. You are a strong man.

I wish you good luck bro.

6 Likes

Investment / Re: Crypto Currency Investors Thread by Superpack589: 2:38pm On Dec 14, 2023
henrycryptmento:
*I'm growing a $5 account till middle of next year( June 2024)*

Two trades per day.

8 in a week.. *sat and Sundays off*

If you're in, let's go🚀🚀🚀
This is for people who have small capital to start with.

Dropping my personal trades in thousands of dollar may put some people off here.

Trades will be dropped here and all other platforms.

Just make sure you stick to the leverage, stop loss and take profit positions.

Please I'd like to travel on this boat with you. Do you have a telegram group or a whatsapp group I could join to follow you and your strategies more closely?

2 Likes

Investment / Re: Crypto Currency Investors Thread by Superpack589: 12:22pm On Dec 14, 2023
LandMann:


Don't beat yourself too much bro.

We that trade futures have experienced your pain personally so we understand your feelings.

In 2021, I made over $700 twice on Futures trading from just starting with about $40.

I lost everything twice and a little more from inexperience, greed and timing the market.

I have learnt my lessons and I'm still learning my lessons.

Just so you know, I made over $126 starting with $10 last month using max 5X leverage.

I lost $110 from being liquidated on a bad trade I refused to close. This happened after I started using 10X leverage.

I started again same day and now I've made close to $100 from same $10 using between 3-5x leverage.

My point is avoid using high leverages. Understand the risk of liquidation from using high leverage. Understand that stop losses will drain your capital faster if you are using high leverages.

I traded BEAMX this last two-three days. Went long at about $0.90.... the price fell to my First liquidation price of $0.74. Before that I set another long order so as to DCA and shift my liquidation price downwards and my break even price downwards.

Just early this morning the price crossed to almost $0.85 and I took profits steadily from $0.83 to $0.84

My new entry point after doubling down was $0.823 and I was using the entire $100 profit as margin.

I would have lost everything again if I was using high leverage but thank God my leverage was low.

I was able to hold my position even at $50 loss till I returned to profit.

You can do same. Start small and learn as you go.

Don't be stupid and greedy.

Hopefully you'll start again and you'll start again with sense.

Cheers to more winnings.
Thank you for the advice boss. I appreciate.
Investment / Re: Crypto Currency Investors Thread by Superpack589: 12:21pm On Dec 14, 2023
SUPERPACK:
Why are you using my name? Change your name to Belleful or Hungryman
Never. Lol. Superpack all the way o. Belleful is too much and hungryman no dy belleful me. So I rather just eat two superpack instead. The perfect quantity. grin Also the name just carry weight - Superpack.

1 Like

Investment / Re: Crypto Currency Investors Thread by Superpack589: 9:40pm On Dec 13, 2023
Kingcid:

Guyyyyy

Worst trading option ever

Highest I can advise is 20x when using leverage to trade
Noted boss.
Investment / Re: Crypto Currency Investors Thread by Superpack589: 6:08pm On Dec 13, 2023
iLegendd:


I don't want to laugh (even though I did). We've all been through it. I lost back then to the point you could roast corn on my chest because of how hot it was. Anger here and there.

If a coin is moving, the moment I join, it stops and starts going against me. At a point, I felt there is someone specifically monitoring me. I felt crytpo hates me. This has happened at least 40 times.

These loses made me begin to develop my own strategies. Today, I don't get angry again if things go against me neither am I excited when it favors me. I'm just chilled. Money is invaluable, but I decided not to place so much value in it again.

Knowing that 50 - 80 years from now, most of us will be dead and we won't be buried with money, I became emotionally detached from outcomes. I do it now because of the adrenaline rush and it kills boredom. I always love when there is chaos in the market. I don't care the direction — I just want chaos.

I'm more prepared for the worst than I'm prepared for the profit. I'm already used to losing alot back then, so now, I only play with what I can lose and laugh about it.

Luckily, using lots of exchanges has saved me and also, thanks to Coinank and Coinglass's free heatmap. With those two apps, I enter trade only after studying where liquidity is and where liquidation will most likely take place. I love to get in when others have already been liquididated or when they're hunting to liquidate them. Eating from the king's table is a privilege since I'm not the king yet.

The manipulation is high and since I can't beat them, I monitor their movements so I can join them.

Take heart, you'll surely overcome. For me and my lineage, I'll never leave crytpo except BTC plunges to $0.001.

Even if I tell you I have stopped, just know that it's a lie borne out of trying to hide that I'm into it for security reasons.





Your username makes more sense to me now. True legend. I still have hope sha and I think I will still come back to this crypto thing. It's very addictive. I wish you strong men out here more wins and less losses. I believe soon, I too will be telling this horrific story of mine to another newbie and using it to advice them.
Investment / Re: Crypto Currency Investors Thread by Superpack589: 6:02pm On Dec 13, 2023
nna777:


From the coins you dabbled into, it seems you’re a novice just like me 3yrs ago. I lost $4k then when the exchange rate was still #400 to a dollar buying shit coins, overleveraging on futures & not understanding when to go long or short on btc

What caused your loss is simply ignorance about the market. No one is against you. The market will always take advantage of ignorant traders.

I usually marvel at people that say TA isn’t important in crypto. After 2021, I took time to learn and keep learning TA, followed cryptocrewuniversity on YouTube & kept tabs on crypto and business news.

There’s no free money anywhere. You must as a matter of necessity put in the required work to get any returns. Crypto is more of TA than FA take it or leave it.

3yrs after, I have recovered all my lost capital and still waiting to make profits. While some are complaining, some are smiling because they have taken time to understand how the market works.

I hope you get back up and learn so that you can still recover and partake in the coming bull market.

I hope this helps you and other novices.
Thank you for the kind words and advice. I am taking down notes. This over leveraging was also an addiction for me. I used 100x leverage to short Bitcoin in one trade. Abeg carry cane beat me. Lol.

2 Likes

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