₦airaland Forum

Am i the only one who thinks 108k is not the top for this cycle?

DoctorShomo:
I remember 20 October 2024 (Page 3949) the day I criticised that guy for using one page to write a single post and the people here almost ate me raw for having the audacity to complain

that guy has upto 1000 theories in crypto, yet no single call. like wtf

JamParkMe:
Lol I know you are probably joking, but the truth is I have had more than my fair share of 10X or more returns as well. I don't trade futures or use leverage, not really my risk appetite. I like to buy and hold; I feel good knowing I own my coins.

Also, If I don't announce my trade entry on this thread, then I have no right posting about the profit I made because it doesn't benefit anyone in any way. I will only give updates on positions I mention here.
I posted a screenshot of some bitcoins I bought from Coinbase and sent to my Blockchain.com wallet back in the days. BTC was less than $1000 each

are you still hodling this 10btc till now?

I'm just curious, how did you find out about btc?

harry2sexy:
Omoooo i miss Illegend🤣🤣, person for don dey hear 5 green days and 5 red days, what a Man!!!

most times that guy post dae annoy me but i just dae lock up, i dae vex scroll pass everytime i see e lengthy post wey dae waste thread

Wahala for who dae dca anyhow . You go buy dip tire. Sometimes i wonder how people dca, you buy alt and it dumps by 20%, you dca(buy again)? 20% dump is not reasonable enough for me to buy again sometimes I don't even dca after 50% dump self expecially people who bought at the top

motymop:
It has nothing to do with the Virus

But US data,

Markets react to data,

US economic data came out very positive which put fear in the mind of investors that inflation has not been defeated.

This positive news from the department of labour was actually a bad news for investors.

It means that if the number of jobs for instance are increasing, it signals that inflation will rise. That also means that the fed might delay it's first interest rate cut for this year in the next FOMC meeting.

Good data frightens the market especially when the fight against inflation is still on

how can i learn how to check and interpret news like this?

January don spoil like dix

Babalakin:
I got 1500 SUI Airdrop around May 2023 when it launched, and I sold it. Omo I'm in pains

is there a way i can connect with you as regards airdrop level?

DoctorShomo:
Is there anyplace where they're sharing Sui for free?

Of course I bought and paid for them

Maybe through airdrop

DoctorShomo:
About 3 months ago I had over 40 Sui but I sold when the price started falling

you got it for free or you bought them?

armadeo:
I just looked at sui weekly chart. Gaddem.

Some people don dey chop bull run already if you bought a month ago. Àlmost x8 already.

Is this the axs of this run.

Abeg make my coins too make sense

use monthly candlestick,you go see am clearly

Engineerpee:
Do u kwn with 100dollar u can make 60dollar monthly, ask me how

how

Celsony:
i just finished UI/UX training and want to start earning from it remotely, please can you assist?

how can i start learning this ui/ux?

socialjustice93:
The two stuff I mentioned are still airdrops but mostly legit, more tasking plus it will help you learn about new technologies in the crypto/Web3 unlike telegram airdrops that will mostly disappoint.

I can shill you legit DePin projects and Testnets to jump on though.

I'm not promising you anything o. In crypto you're your own KOL. DYOR and decide for yourself.

any WhatsApp group i can join?

socialjustice93:
The real deal now is DePins and Testnets, but most people are either lazy or don't have a laptop

Whats depins?

harry2sexy:
Mr banks of X bought about 10,000 sol. See eh, if i had people like this when i entered crypto newly, i would have been better off, no regrets sha.

To be successful, even if you don't know what to do, follow those who have succeeded in the field you intend to succeed in.

We had graceglory and illegend here but useless trolls pushed them away, well people come and go.

For the sol plan, i am with you but more on Ton, i just believe Ton follows same road map as Sol.

With all of the lunchpads coming up on pocketfi, stonfi, blumpad and the airdrops that need Ton to claim, ton is going to have alot of utilities.
More so, it's the official token of telegram. So just the way you have alot of degen tokens that rug in less than 1min in bonkbot and all those telegram bot, that's how we'll have it on Ton ecosystem too.
I am not in a hurry.

For my projection, i am hopeful that Ton comes to $2, i can buy 100k on spot, then for every 10-20% drop, I'll buy more.

So $2 × 20% = 2- 0.4, I'll buy 200k worth of ton

$1.6 × 20% = 1.28, I'll buy 400k worth of ton.

My budget is about a million, don't mind taking a cooperate loan but i know my patience will be tested but we don come, we don come, we go live here, nobody's dying that day.


God bless Illegend for this eye opener approach to spot trading

sorry but I hope this k and million is in naira sha

seanwilliam:
So guys I have been thinking of something .. which I want each and everyone of us to try out if possible.
For over 10 years we saw unprecedented growth on crypto market .. some coins pumped over 100000% during this period,,
so I’m thinking that by the end of this bull run , if we make more than enough , I want to lock up/stake some coins for period of 10 years .
I have these ones in mind-pepe, doge , sol and bnb.. 500$ each, staked for a period of 10 years not minding market volatility during that time .. let’s say on average these coins pump 50000%, that’ll be a massive gains..

I understand that some of the coins or exchanges might collapse before then if unexpected changes or issues happen, it’s just a risk I’m willing to take …









Pls don’t ignore this post, tell me how visible it is before embarking on the journey….
Cc: everyone reading this.

this is only advisable during a bear, don't lock your funds at the end of a bull run except you plan to dca too.

I'll advise you lock bnb only expecially bcux of the free tokens you'll be getting from megabox , launchpad etc.(this is what i plan to do starting from next bear)

I don't think one can lock for upto 10years sha(stand to be corrected)

geedot:
So you understood already what I meant by saying 400%, so why were you disturbing me further with questions that adds little or no value to you Mr PhD trader?

You can see I already ignored you because of the constant probing.

just post evidence.(according to alexa) one screenshot for don settle all these arguments since

JamParkMe:
I made this post in 2022 when bitcoin was about $19k. I bought them and have been holding ever since and currently up over 400%. I put my money where my mouth is. Life is very unpredictable, just because you started first does not mean you will finish first. There are many people on Forbes Billionaire's list who never imagined they will be billionaires someday but some investment, perfect timing and a stroke of luck may have launched them to heights they never dreamed of. What I'm saying is, just because you may just be discovering crypto now or you've lost so much money in the past does not mean you cannot surpass people who started before you or you cannot rise again and achieve far more than you lost.

Look at at Michael Slayor, the founder and Chairman of Microstrategy. His company started buying Bitcoin in 2020, which was 12 years after Bitcoin was created. But today his company is one of the largest holder of Bitcoin. But there are people who have been in crypto since the early days but they cannot boast of having one Bitcoin to their name. Also remember that Microstrategy stock lost 99.9% of it's value during the 2000 dot com bubble burst, at one point the stock was trading for $0.42 per share; today MSTR is almost $400/share and one of the highest performing stock in 2024. Michael Slayor's net worth is around $8 billion.

I look at life very differently from most people. I see the sun rise and set every day, I see kids running around with all the energy in the world and I see the elderly lying in bed weak. Babies are born and at one point we will all pass on. I've had my lows in life as well as my highs. I've come to understand that life is a rollercoaster by design. You are supposed to have highs and lows it's the very fabric of life. When something or anything goes up for too long its against nature and it has to reverse. Same for when anything goes down for too long. When things are going too good in my life, I worry, it's unnatural and I prepare my mind for the lows. This very mindset helps me deal with the challenges of life. Anything that moves in one direction isn't stable, nature works best with ebbs and flows.

So look at what has happened to you in the past as a necessary part of life. Your highs are in order. It's not always when you started but do you have the vision to believe in something so strongly you literally speak it into existence? I believe Dogecoin will reach $5, you should buy and hold and watch it happen.

just bcux of 4x wey you get, you write full epistle for us, if na come 10x nko? Maybe na 1 full page you for use

Elliotwaveforec:
So better trader and analyst dey here! I sold with SL at 99k TP at 91k eyeing 1:7 RR.

whats your leverage here to get 1:7rr on btc?

helinues:
PeterObi4Presid, if you made use of that entry, you supposed to have cash out twice.

I am already on 3rd entree after lifting from the base.

what leverage are you using?

harry2sexy:
Stop chasing greens. Love red days, all these hunting for one holy grail in trading, you'll just frustrate yourself.

Trading is not invest today, withdraw t
You can invest in 2024, and withdraw in 2030. Exactly what i am doing with Ton, the telegram coin

if its not the top 3/5 coins(excluding stables) by m.c, do not buy in 2024 and plan to withdraw in 2030, you might still come back by 2030 and what you're hodling will no longer be holding you(delisted) or you'll still be at a lose. Know when to take profit and move on to the next new coin trending.

XaToXi:
There are different types of stop losses and different forms of risk management. It's not by force to use your method.

That I am not using your nursery school system does not make me wrong. Some of us have gone beyond drinking milk. We don't even eat meat. We now crack bones and drink blood.

I used to use the system you are both carrying for head in the beginning but after several years of trading, I've evolved beyond that level to a PhD+ system of trading.

Everyone should do what they understand and are comfortable with. There are several ways of doing the same thing. No be only one way dem dey use enter market.

Obviously you either didn't read or understand the 2 scenarios I painted earlier.

pls i want to learn oh, I'm still in ssce system of trading , i don't even have bsc not to talk of phd. Where do i start from? my helper

MamaFutures:
It's wrong for your stop loss to be your liquidation price.

While placing an entry order, also place a stop order (if after entering the position, price move against your position & hit your stop price, the trade will be terminated)

It's your trading system that ought to indicate where to place this stop at entry.

terminated and liquidated, thats too risky na. Do you actually trade with this method?

MamaFutures:
It's important to have a system that tells you where to place your stop at entry, it's also important to have a picture of the worst case scenario of that system in terms of DD (These piece of info are crucial to meet your objectives as a trader, & to pass any prop-firm challenge)

Hw do you go about getting these info, if you choose to trade without a stop loss

Infact, you will be stagnant. U won't be able to advance your trading to a higher level, if u keep trading this way.

what if my s.l is my liquidation price?
How can one place stop lose at entry, I don't understand that sentence self, can you explain with an example?

harry2sexy:
x5 on doge? Are you serious?

That is to say 49billion × 5?

You know wetin you dey talk so?

i used to think like this, but the market cap doesn't really matter as long as you flow with bt.c trend.

MamaFutures:
You are wrong (I don't want to know where my liquidation is & the size of my leverage, all I want to know is where my stop is, & hw much $ I stand to loss if my stop is hit).
Go to baby pips dot com to read the basis.

It's almost the same as position size calculation, but you just have to think a little bit outside the box, if you're using leverage.

Like I always say, the size of the leverage is not important.
The most important thing is your $ risk (u can decide to increase or decrease your $ risk, using a position size calculation formula).

still trying to understand where I'm wrong in this your writeup , i didn't make mention of any stop loss here, so that's for you to decide but my calculations on leverage and liquidation is actually right sha

Valwezzy:
I hope y’all can now REST!😎

this tweet is obviously fake self

Deasegun19:
Wow, clarity.

Please explain the margin

margin is the amount you need to open a position e.g if you want to trade a coin worth 5000$ at a 5x leverage, you'll need 5000$/5= 1000$. So you need to have atleast 1000$ b4 you can trade 5000$ worth of any of your coin at 5x leverage.

XaToXi:
You've already answered your question.

When btc dumped to 90/92k, by how much percentage did your alts dump? Divide 100 by that percentage to get your safest leverage.

If the MDD in your portfolio was 50% then your highest leverage should be 2x. If the MDD you experienced was 25% then you can safely trade with 4x leverage. If the coins in your portfolio had a MDD of 10% when btc dumped to its lowest, then you can safely trade them at 10x leverage.

Another method is to use a risk to reward ratio. If you want a 1:2 RR ratio, then you can risk 1% to make 2% gains. You will need to do this in isolated mode not cross margin mode and you can trade with 100x leverage. After 1% DD you will be liquidated and that will serve as your SL. If you are not liquidated you can bag the 2% profit you targeted. You only need a win rate of 42% to become profitable with a 1:2 RR.

DD = draw down
MDD = maximum/highest DD

https://youtube.com/shorts/qIA1G2pzJWU?si=Qecfvmp2exTCgmO7

1% for liquidation when using 100x oh, omoo that leverage is too high oh, like you get liquidated immediately you open the trade oh

geedot:
This particular leverage calculation is the only concept I'm still yet to fully grasp on crypto till now even after watching different videos on YouTube about it. Haven't found a fully explicit one on it yet.

I trade a very short time frame, majorly the 30/15mins timeframes, so I believe leverage should be adjusted according to your stoploss, just like position sizing kinda thing.
So leverage used doesn't really matter as long as one already had a predetermined total loss amount/exit price before entry.

understanding isn't that difficult, to know your liquidation price from your leverage, divide 1 by the leverage and multiply by 100 e.g if you're using 5x leverage,1/5=0.2*100=20. when your coin dumps by 20% from your entry price, you get liquidated.

I suppose you understand how the margin works too, thats the amount you need to open a position

BullBearMkt:
@sweetveek, instead of throwing insults, why not come up with a better argument? Since when did a potential pullback become ‘bad news’ in investing? Pullbacks are opportunities for smart investors.

Discussions like this are meant to exchange insights and not insults. Let’s keep the conversation respectful and constructive.

i didn't insult you na, i was just joking but pull backs/correction will affect how high a coin would pump in a month, imagine a coin thats supposed to pump direct from 1$ to 10$ in a month, bcux of bt.c correction, it would pump from 1$ to 3$ then retrace to 1.8$ before it starts going up again unlike the one that got to 3$, then accumulates on that 3$ bcux there's no dump in btc price before it continues its uptrend to 10$. I don't know if you get the point

if theres a correction in December, i wait till January and observe if the candlestick will be bullish. I don't buy in that December no matter how low it goes. The correction that happened last month, i didn't even dca, but if i notice this January is looking bullish, then I'll add to my portfolio