Jedisco,pls when it's time to buy SHIB mention me.

How does margin trade works,is it similar to future trade? Pls I need someone to explain this to me because,a friend of mine chatted me on whatsapp yesterday, telling me he lost 70k on margin trade.

Ever since I started trading,I no they do pass myself I'm always on spot trade.

ignis:


I'm trading on Bundle... All these names are not there.

Wtf...

DenreleDave:


Sorry to question ur authority my Oga. I once held it and it jsut like dot and link... Stagnant, they make small move and still go back to their previous position again but I guess you av seen an important information Dt made u suggest the call

Why do u suggest icp??

Gud morning

Wahala for people wey buy DOT,I bought DOT since September last year,ever since then I haven't made much profit,infact it has gone below my entry point. Stay away from DOT.

Jmyno1H:
Report on fraud by Someone who claims to be Chatinent

Good afternoon everyone. Please I needed some USDT this morning so I posted here to see if any member have to sell.

This guy by the name FEMI MICHAEL with Nairaland user name CHATINET chatted me up that he has 100 units to sell. I sent him my wallet address but he said we should escrow or I send money to him first. I wasn't too sure about how to go around escrow on nairaland so I requested for his Nairaland name, after confirming that he had been on nairaland for some time I decided to send money to him first. I sent ₦56,000 to him which was our agreement for the 100USDT and the guy started telling stories.

He said he has been notified of my payment but said he did not receive alert. That until he received alert. This is about 3hrs now after the transfer and the guy has refused to credit my USDT wallet.

When I said I will escalate on nairaland he quickly changed the DP on his WhatsApp not knowing I already have the screenshot of his original picture. He now started going offline to avoid our conversation.

Please help me to call out this fraudster so that he can refund my money if he doesn't have USDT to sell.

I will attach his picture and our conversation here.

Thanks so much for always helping to fish out fraudster on this platform.

Chai 56k!!! you loose guard for this new year and the local scam maga you.

It reminds me of a quote on this thread by a moniker when Mazinewmoney was also scam,I will never forget that quote,"when a person with money meets the person with experience, the person with experience goes home with the money leaving the person with money broke. But then the person with money goes home with experience".

Sorry for your loss, sir...

LettyLayo:
so sorry

Apology accepted,sir...

EmmanuelScott1:


LUNA to 100k, who's with me

LettyLayo:
Google is your friend.

What I actually meant was that, you didn't remember to add the word RUGPULL

LettyLayo:
EVERY ONE SHOULD BE ABLE TO KNOW AND CRAM THIS TERMS, THEY ARE ESSENTIAL


1. *HODL* – The act of holding on to a coin for the long term instead of selling it. Made famous by this epic post.


2. *Altcoin* – Every cryptocurrency other than bitcoin

3. *FOMO* – Fear of missing out. This happens when a coin is rising in value and you’re considering buying at a high price even though you might be too late

4. *JOMO* – Joy of missing out. This happens when you dodged a bullet and are happy you didn’t buy a coin

5. *Moon* – Where everyone wants their coin to go, up and into outer space


6. *Bag Holder* – Someone who is holding a lot of coins in the hopes that it will go up in the future

7. *Shitcoin* – A worthless and dead coin with no real value

8. *Dumping* – Downward price movement or a decision to sell a coin

9. *DYOR* – Do your own research

10. *FUD* – Fear, uncertainty and doubt


11. *Whale* – A super wealthy trader with a lot of money to spend

12. *Mining* – The process of verifying transactions on the blockchain, resulting in rewards (aka coins) for those who lend their computing power

13. *Long* – A decision to hold onto a coin for the long term

14. *REKT* – When a coin goes down sharply and you have a bad loss

15. *Lambo* – The car that many people want to buy when they strike it rich


16. *Swing* – When the price of a coin is moving up and down at a rapid rate

17. *Pumping* – A coordinated effort to boost a coin by buying a lot of it all at once

18. *Bearish* – When the sentiment on a coin is negative

19. *Bullish* – When the sentiment on a coin is positive

20. *Exchange* – Websites that allow you to purchase and sell cryptocurrencies

21. *FIAT* – Any currency that is issued by a government

22. *TA* – Technical analysis

23. *ATH* – All-time high

24. *FA* – Fundamental analysis

25. *MCAP* – Market capitalization

26. *#ASHDRAKED* A situation where you lost all your money.

27. *#BTFD* Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)

28. *Love Machine* Long green or red candles

29. *DUMP* To Sell off a coin.

30. *SAJ CANDLE* Huge green candle

31. *SHORT* Margin bear position

32. *SWING* Zig zag price movement (Upwards and downwards)

33. *REVERSE INDICATOR* Someone who is always wrong predicting price movements.

34. *RSI* Relative Strength Index

35. *KYC* know your customer/client.

RUGPULL

DaemoLee:
Without been bias, who else think Binance really need to look into P2P rate (Nigeria) on their platform or better still peg it to the current market rate from time to time.

If you're not satisfy with binance P2P rate,you can get whatsoever coin needed from people you know that are into crypto,like me personally,I have never for once bought or sell coin on binance P2P,I buy from people I know that are into crypto.

edgecution:
Just an update guys. Looing at $300,000.00

I told you guys i'm gonna be as transparent as possible.

This is looking good in a bear market. When it gets to $500,000.00 , i will do some give away.


Thank you.

Baba,no forget me o...

9japple:
I just saw this on someone's status and wanted to share, it illustrates the folly in doing ANYTHING on earth without training...what am I even saying, Even God trains ppl before he uses them....why didn't He just say go and do it, I will transform your work to positive results, no. The person first undergoes a period of learning in some way....
Let's thank God the person rugpull finder was chatting with is honest, else another market money is made and then "forex or crypto na scam"!!!

Chai....

Mazinewmoney:
For people asking of motivation
Look down

Crypto till we buy Nigeria

Tuale!!!

whogoesthere:
When do you forsee as the next window please? Some of us newbies are looking to capitalize on this crash but really don't know the best time to buy. Any ideas?

This is the best time to buy,but don't go all in so that you won't come blaming me for your woes...

lkillbrokehoes:
BeeTeeCee Update:-

BeeTeeCee is still not looking good. Volume is decreasing continously. If we did not get daily close above $48,800 then expecting it to reach $42-$44k zone. For any bullish scenario beeteecee must close above $53k. The weekly 50MA support is here. If BeeTeeCee holds above 50ma then we will see $60k in coming weeks.

If you are holding alts on spot then it makes no sense to sell here in 30-40% loss. Hold your spot positions and don't over leverage on your trades for now until we get a bullish confirmation on BeeTeeCee.

Bull run isn't over yet but things got delayed.

Anyone who says he/she is not affected by this dip is a liar,I done DCA sotey fiat done finish.

DaisyII:


If Iku is the same I know in Yoruba.
Whether Tears/ death, May it haunt you and everything you lay your fingers on.

Since you don't know how a man should carry himself.

Haba... Why are you folks like this? Any little thing you swear,any little thing you folks attack,as an adult there are some things we should learn to ignore (be quick to listen,be slow to speak),we are all here to learn and not here to swear.

I am even tired of this thread full of ill-mannered folks. You didn't even bother to ask yorubas around you what Ikudaisi means, Ikudaisi is a name but I don't know the meaning.

N.B: I'm not only referring to you but,also referring to other folks that engage such vice.

lkillbrokehoes:
Last 24h liquidations breakdown:

Beetcoin - $1.06 billion
Ethe..reum- $622M
Polk..adot - $60M
Ad.a - $53M
XR.P - $45M
Do..ge - $43M
Lite..coin - $36M
Sol..ana - $35M
File..coin - $31M
EO.S - $24M
Sand..box - $23M
Ma..tic - $22M

Total: $2.5 billion liquidations
Traders liquidated: 392,794

Yeye coin that has started dipping even before the dip.

What's behind this LUNA pump?

seankafor:
Are we still in bull market/season?

For now, I would say yes. Until I see MA 50 crosses MA 200 then we are in a bear phase.

All alts are red, wetin they make LUNA pump?
Fastt
Timekeeper

Daemo111:
E b like sey market don show plenty people pepper, see as everywhere dry.

Everywhere go full with holders are the kings and queens now when bullish mode start

Nah so o... Abeg how many people buy DOT for here? that coin ehn nah God forbid bad thing.

jedisco:
One thing I like about Crypt0 is how cyclical it can be

Anytime there's a proper dip, you always see folks get blame one thing or another.
It's quite clear that most people saying complaining have barely been in crypt0 upto a year. Most were attracted to crypt0 during the last rally when bitc0in went from 3k to 60k in about a year. [/b]They forget that for the most past of the previous 3yrs, bitc0in had also sold off from 20k to 3k. The market will continue to teach same lessons folks who stayed in crypt0 thru 2018 have picked up.

Crypt0 is barely a 10 yr old market... So if someone says [b]TA works with forex and not crypt0, then why did they venture into crypt0 and not keep using that TA to make loads of money in forex? The fact is that most don't understand the very basic principles of any traded market. If they was a majic ball to predict any market (e.g stocks, commodities e.t.c) then there'd be no market in the first place.

I've stopped responding to certain statements cos it seems I'm repeating myself. Because of how fast crypt0 is growing, there'd always be new folks who'd complain about same thing.

You see most times,one will be force to comment when you see some folks here spewing trash saying "technical analysis works with forex and not crypto",as if they're wiser than those white dudes creating tutorial videos on youtube about technical analysis,most painful part of it,they mislead newbies with their comments.

The dip will get to a point where those folks will call crypto scam, when they're out fiat to DCA

Fastt:
Yall be doing Ema32, MacD, MA5... When nice dip/bear market hit that your coins, your Ema35 will disappear . White hairs will follow. When one whale leaves prison, sells his bitcoin, you recalculate your Ema13. High BP and white hairs waiting.
Get the fundamentals, good project, usecase, dev, marketing.. Find a bloody day, Invest and go to sleep. Always buy in red and take profit according. Calculating ema45 on a highly volatile asset, you need to be on it 247 watching screen . Dint forget to watch your mental health. Ema44 will not see that one.

Hello!!! Pls do not mislead newbies,MA,EMA and RSI are important when buying coin and not just always buy in red, there is no harm in seeking for more knowledge,if you don't understand how EMA and MA works watch youtube videos or better still Jedisco and some other gurus on this thread can be of good help.
For instance, you bought BTC at $28k using EMA 21 weekly TF (as shown at the pics below)you won't be at a greater loss when compared to someone who just always buy the red as you've stated in your comment,you are not different from those folks Jerry59 made mention of,do have a wonderful day sir.

[quote author=DieRich5 post=107917159]12ad scam u

Dem never scam me ND[b] I don't think I'll get scam one day [/quote[/b]]
Don't say so,no matter how wise you think you are, there are people who are more wiser,day by day those scammers get new format, it's their profession. We only learn from those who has been scammed,we gain experience when they share their story.

jedisco:


Is it being staked

No

jedisco:
Who else is riding Avax? been a good layer 1 to hold....
Good rewards on staking too

Me

AVAX prints its new ATH :

Chilliworm:


I told you all to take profit that bt .c Is going to 53k. You didnt listen.

After 53k, it will rally up then gradually dwindle.

If you have stables, check out safe protocoles that offer 20% apr. Sit back and watch the market burn. This is the time to make money. Red days. Not green days.

I don't have BTC on my portfolio,I only have;
AVAX
LUNA
AXS
SOL
DOT
But for those who had a good buy at ($28k) can take profit when it's below MA 50 ($57K),not financial advise.

Morningstarrr:

At the bolded, is it suppose to be below or above?. From the screenshots, the TP area is above MA 50. Make una no laugh oo, I’m still learning

Below MA 50

sheanzy:
quit profit?

Crypto is not for you, try bet9ja

Born2conquer:

Bro, can you recommend a place where we can read on this better or can you please expatiate?

I have posted some images

Born2conquer:
Advice

To those following influencers pick, influencers will only tell you when they get in on a project.. they will never tell you when they’re off the project.

Few months back, a particular guy told me to sell all my COINS and put it on a particular project and that he’s fully on the project too till next year lo and behold, I put some dollars into the project (not all my money) and it really did 400%,

Lol, I saw that same guy hyping another coin this month and I entered his dm, he told me he already sold all that coin and he already bought another one.

The reason why newbies loose money in the crypto market is that you make profits but you don’t know how to TP and the people giving you picks won’t tell yoh when to TP.

Newbies when buying coin you have to be patient, use exponential moving average (EMA 21) using the weekly chart,I learnt this from Jedisco on one of his thread,it would be better for you to hodl than for you to trade,I would call that a best buy once the price movement is below EMA 21 on the weekly chart you buy and hodl.
When taking profit you have to be patient, use moving average (MA 50) and (MA 200) on the daily chart,MA 50 should be at the top and MA 200 should be below once the price movement is below [b]MA 50 you take profit [/b]provided you had a best buy, below MA 50 is known as the clutching phase and below MA 200 is known as distribution phase,you can DCA at the distribution phase as well, feel free to criticize me...