₦airaland Forum

Sailor1:
Then you're definitely following a strict pattern. You may not use traditional TA but still relies on same principle

Here we don't have company earnings e.t.c to study. All I use to study the market are the charts and I can glimpse what a coyn done over those time frames you mentioned and how it behaves around certain price points.

For example
Link moved earlier this year from 4 and reversed at 20
dot moved from 4 and stalled just under 20 for weeks. I took profits at 17
Uni did similar and is approaching 20.. I've been in it since 5 and I'd be taking profits today or tomorrow...

It's market psychology and what the market gives, we take...

Oh I get you bro... I have a question do we have any cryp based payment platforms in Nigeria yet? Sorta like Flutterwave

Ojemedad:
Nothing like that yet

Copy your transaction ID and search for block cypher explore and enter it there, it would show you wahgwan

Hamachi:
I mean XR.P

Yeah same thing, I shortened mine cuz of the bot, been banned one too many times

Ebowo:
so pathetic! se me who lost 11k yesterday and 6k today to surge crying a river...hmm still learning by experince,

To be honest the only reason anyone would be complaining about fees on Lno is cuz they were impatient cuz I trade heavy on there and I do not pay a penny... why not just set a limit order for a price that is a few kobo under the lowest sell order price and watch your order fill up for no charge

Swinger60:
OK, I will rather chill for now.

will it ever go down to 120 again?

I want to use this opportunity to thank you for all you have been sharing on this thread.

you opened my eyes more to investment. I appreciate.

I haven’t seen 120 in a while but I have seen 127, I can probably say there’s a chance of 135 up but If this 160/170 range holds thru next week, it’s safe to say one should expect $1 XR

Hamachi:
Good evening guys!

Please can someone assist me on how to go about the on app

Thank you in anticipation

For those asking, XR is not available on By nance or Qoin base cuz of the sec sanctions you can find it on Lno

Houston17:
Guys, how can one probably get ones money directly into one's account upon sales of l on. Is it possible?

You have to initiate a withdrawal on the app for that

Houston17:
Boss, how do you get info from reddit, twitter and the news?

There’s a couple Reddit subgroups that talk actively on qoins I’m interested in, I follow about 3 dudes on Twitter who always spoke on cryp on Reddit in 2015 same way we’re discussing here, I also am always on the look out for any positive or negative news about any qoins I’m interested in, any publicity at all always affects stock prices same applies with cryp. Moment I heard SEC had issues with rip, I advocated to get into it, and I got in with a decent size of my portfolio, paid off today, barely a month later. I am heavily into big b & eith now in anticipation of the stimulus checks cuz it would defo hit 40k and a 20% ROI for me is more than fair

Sailor1:
We don't need to agree or use thesame pattern to be successful here. Most important thing is to develop a successful pattern and stick to it.
I only started making money here when I got to know the basics and that has helped me tripple my portfolio in recent weeks.
I just knew that bo market moves randomly. There must be some underlying factors. Though not certain, the ladt thing I'd do is buy randomly and hope it goes up.

My recent trades have been listed here...
I got into altys heavily late December.... I lost initially but I new there'd soon be a cycle change cos I studied past cycles.

Most of them coins I traded have atleast doubled their value. dot, aave, uni, band, ren, xrp.. I'm still holding small movers such as lite, eth, link e.t.c. I didn'tpick those coins randomly. I studied their charts and picked my entry points in a draw down.

Let me explain something further, for you to be successful, you're likely doing something right which you may not even know of. You targer the lowerst and highest traded price for the last day and use it as a guide for your days trade. What you're doing, although quite crude is recognising support and resistance zones. It's a time tested basic of trading and works.

Like I said, we don't have to agree to make money. I'd be scared if everyone agrees with me. I don't rely on instincts to trade. I plan my trade and trade my plan.
I share how I trade and my pattern here. Share yours so we can learn too.

I agree, but I always stated from the beginning, I don’t buy and sell randomly, I use my experience in trading stocks to do same with cryp... I literally grew up around stockbrokers so I’ve always done what they do which is buy low and sell at a profit regardless how large or small a margin. I also make sure I study what the market has been like for the past couple years, months and weeks, even hours and minutes... I set my targets and once I meet them or surpass by even if it’s a little I cash out and watch the wave. I definitely am not just lucky, but I’ve also made ridiculous decisions in the past that cost me. I also use my experience in playing poker to handle the pressure of the market... And the mistake most make here is they expect max returns in the shortest possible time. I have ridiculous returns now cuz I stacked up when most ran away from the market in 2019

Swinger60:
OK, I will rather chill for now.

I want to use this opportunity to thank you for all you have been sharing on this thread.

you opened my eyes more to crypto investment. I appreciate.

No worries, thanks a lot too, we’re all here for each other... It’s just best to play safe so as to avoid losing what we don’t have to; quite a number of people are still taking losses despite making profits which shouldn’t be so

Swinger60:
I just closed from work, logged in to my Luno, see XRP. is at 230 Naira.

Jesuuuuuuu.!!

You think I should still invest?

do you think it will crash?

It will crash by tonight to a lesser price or tomorrow in anticipation for the new week but today is a bad idea

Swinger60:
I just closed from work, logged in to my Luno, see XRP. is at 230 Naira.

Jesuuuuuuu.!!

You think I should still invest?

do you think it will crash?

Don’t go in now oh... if you weren’t in there when it was 140, stay off except you intend to buy at 230 and sell at perhaps 235/240 which seems more possible for now

Sailor1:
No one can say what betece would do in the immediate future. Thats a fact! Dont waste your time looking for signals.

First, you have to open a Tradingview or similar account. There you can load up indicators such as RSI, MA e.t.c.
No indicator is certain and all have their variables. The more indicators you use on a chart, the more variables you introduce amd hence difficulty in analysis. Nothing beats simplicity. Keep it simple.


Experience and learning from it is key... Learn from past mistakes, if possible write them down and you'd get better with time.
You can't get rich in this space by blindly following someone's trades. Most money I made was on opportunities I saw that very few were talking about. In tgis space, I'm more comfortable with a trade when most thibk it wouldn't work out than when most think it would.

For YouTube channels, i found these useful
One by Bitcoin jack
Crypt0 crew university
Benjamin cowen

There are lots of analysts and they don't usually agree. When they agree on a trade, the market does the opposite. that's why its good for you to know your stuff.
You have to master your emotions, trade against them so as to master that of others. In that way, profits are made

Boss all this technical this technical that; I have never used in my life, been doing cryp 3 years actively now, made millions of it, and I have never spent 5mins going thru any technical bs, nor have I ever been part of any cryp group. This is the first thread I’ve ever been a part of. I trade off my own instincts and targets; I get info from places like this, Reddit, Twitter and the news but that’s bout it. I couldn’t tell you what technical analysis was in my sleep kolagbemi

Sailor1:
We've said it tumes without number. DON'T BUY DIRECTLY WITH A CARD ON ANY EXCHANGE. LOAD YOUR ACCOUNT AND BUY AT A CHOSEN PRICE!!!!


The price of betece is not fixed, it fluctuates ever second

This don’t matter though, just buy your stuff off Lno if you load 40k, u get debitted 40 and get 39,700

Sailor1:
Mt main acct was banned for reasons unknown to me

10% a week aint bad.. Most folks fail to see the big picture... They want to get 50-100% everyday. Easy money goes easily... Looking at things from the macro perspective helps to keep on e levelheaded and not be dinner for sharks

As in bruh; I don’t get it really... Even blood or drug money no do reach like this... You see what my baby Xr doing right now bruh This qoin just reached my longterm target in a couple hours... Safe to say I’ve been lucky and blessed with the right investments this year.

bradwilli:
i have decided to quit now. I just lost 155k trying to use Market limit to sell Xrp. Maybe i did not input the price properly. I quit. Leaving this thread. Someone bought it before i could realise my mistake. Wish you all good luck. I will come here once in a while to see the progress

No way you’re doing everything right boss... No way in hell... I have used market sell to sell quite a lot of coins & I never lose that much to fees or differences

niqqaclaimz:
Just about to reg on.. Is it advisable to enter your bvn?

Yup you’d be asked for this on any exchange you try to use... regular KYC

coolfredo:
am suspecting u

Lol

Swinger60:
My dear, I'm also shocked.

I read they replied lawsuit with facts. since yesterday, has been going up up ooo

I'm confused whether I should invest now or still chill.

don't want a situation where it Wil crash once I put in my money. yet, looking at the price climbing up is making me look like a coward who can't take a bold step.

As I stated weeks ago, SEC settles 95% of the time. I’m happy I gambled in at 129. Look where I am right this minute, moment I sell another rat, I’m out with my profits, safe to say i smell a 80% flip on my money today

Akinola2345:
Now 200 xrp...

Anybody remember me talking about Xr? Today is a good day!!!

Ronin1:
Which exchange? Even if you set a limit price much lower than market price, it's still supposed to sell at no less than market price. Check your transaction history to see the order details

Actually if he sets to sell at market price it means if market price is 131 and he had 1000 units and he managed to sell 100 at 130.9 and price fluctuates to 130.1 it will sell some at that price and if it fluctuates further to 129 it will sell what’s left at that price and so on... chances Are you’d lose doing this if you don’t do it right. We extensively talked about this; the problem is the rush. For one to make money in this game you have to learn patience

SenecaTheYonger:
Damn, they need BVN and NIM. I don't remember my BVN and don't have NIM. damn. Do you know any legit seller?

Wow, the truth is you can buy from some legit sellers on pax ful * but if I may ask, do you intend to buy for trading, if yes you’d need to have one of those x change accts to be able to do so, cuz how else would u liquidate swiftly

SenecaTheYonger:
Oh Nigerians can now buy? That’s good. Been long I did anything involving cryp .


How many days will it take before they credit me

Boss, what planet have you been living on? Jkz we’ve been able to buy cryp since 2014... you get credited in 2 secs

bradwilli:
how can you stop when you lost. 1 day there will be a super win. I am all in. I know what cryt can make me. Lol, thanks for this touching comment

Most definitely boss...

SenecaTheYonger:
Abet who dey sell EIthy? At least make I no Dey left behind for this cryt thing

Download Lno or By nance and buy straight off the x change it’s cheaper and guarantees you won’t get scammed

rexericx:
Bro have you been able to use card to purchase?

By nance & Qoin base were having withdrawals and funding issues yesterday, Qoin base seems fine now, not sure bout by nance

adelaw01:
No word from the guy. Here or Facebook.
I've gone to the police station to make an official report. They're working on contacting him for questioning.

You don't just accuse someone for some thing they know nothing about . Now i have my name and pictures all over the internet marked as a thief. He'll pay for tarnishing my image !.

I’m shocked there’s no evidence to support his claims yet... if by the close of tomorrow there’s no proof, please make sure you deal with the situation accordingly, fish the accuser out but only if your hands are clean, if they are, make sure you take this up cuz your rep is in shambles; a lot of people will read this and believe without proof

OP post evidence and respond to the accused or better still go to the police station but don’t accuse peoople online without evidence Biko, no proof of your said transactions or chat, or you don’t have any?!

Anowax:
I tell you honestly, I have learnt a lot from your posts especially with regards to this limit order stuff. Still learning though as I've got a lot to learn with regards to charts and whatnot.

Remain blessed.

GOD bless you too boss; glad we’re all able to contribute to each other on this thread...

I think Jedisco is better with the charts, I personally only look as far back as 18 months for my long term investments before coming

And then I only look as far back as 3 weeks, 1 week and 24hrs for my short term day trade invs, I usually set my own personal daily high low targets based off the 24 hrs or last 3 days as the case may be. For example today I’m looking to dump Xr at 132/134
Lt at 66/68
I’m in Eth till it hits 2k, I’m actually currently waiting for it to hit 620 so I can buy and sell at 680 and repeat the cycle a couple more times in next couple days or weeks
If Uncle B falls under 14.5 anytime soon I’m going to get some to hoard as well

DenreleDave:
I thought the sell on the exchange button was an instant sell like the other sell??

How much ethy or btc are u selling that the funds will depreciate. As I stated I NEVER sell at the exact market price, if market price is 650,500 I sell mine at 650,000 or 649,900 so even if it drops in btw I’m not losing by nothing really. I’d rather shortchange myself 200 NGN per ethy than pay 2% for instant sales. I only use market orders with ethy and The B cuz the difference in order prices on the order book is usually under 0.2%. If one person is selling for 15,510,000 the next will sell for at most 10,000 less which is not up to 0.3%

DenreleDave:
So with the method you just taught us now, the selling is not instant... We still have to wait for some time b4 they sell the order..


But in the case where the money appreciated in the day and later in the day, it was going down.... I wud Wana sell but using the previous sell means all my gains are gone.... But with your own sell. Option of 1% now, hope the order will be fulfilled b4 the money depreciate finish..

I thought the sell on the exchange button was an instant sell like the other sell??

As my bro jedisco said Lno is lacking in liquidity when it comes to smaller qoins. Big B you can get rid off easily & ethy

You can use market sales to dump in less than a min even if you’re selling 100m worth but it will sell some at 650k, some at 649k, some at 651, some at 647 if it drops in btw the time