₦airaland Forum

Time to burn your $RAIN for $DUEL...

RAINMAKER Games is launching new products of gaming...stake and earn, then bonus drops. Check their X page for more info.

twosquare:
Another coin to watchout for is RAINMAKER GAMES (RAIN). This is the coin I said procrastinated upon, and it did 200% without me, then 625%. Knew when it was $450k marketcap...now $3.7million. This will reach $5m easily and the beyond. Still early only for buy and hold.

Not financial advice.

dropping this gem here.

"#Bitcoin    - what's next?

The big Sunday report, all you need to know:

🚩 TA/ LCA/ Psychological Analysis:

In last week's Sunday report when $BTC was still trading at 44k, we spoke about an incoming smaller correction due to the extreme high funding rate. Exactly one day later on Monday, Bitcoin nuked down from 44k towards the region of $40.200 and to be even more precise to one special target, guess? Indeed, it's the support of MA20 that was hit again and bounced perfectly afterwards, exactly as it happened in the last 45 days, and exactly as it was described in the Sunday report. Alone in this week, Bitcoin hit MA20 three times and each time, we saw a bounce on the chart.

So, what's next?

I am watching several key levels now, first of all MA20 that is our friend for more than 45 days, but remember one thing. Once people start to trust this indicator more than their wives, you can expect it to be anything else but not a friend anymore. As long MA20 holds, I see 48k as final target of this up rally.

Should we lose MA20, the next target would be EMA50, which is currently at $38.100. Again, this only once MA20 is lost. At the same time, I can spot a liquidity pool in the region of $43.600, which acts as magnet as long MA20 holds. All we need to know is that strong up movement is supported by MA20 retests each time. As long #Bitcoin    moves above MA20, the market is in strong bull mode and we can aim for up only targets.

You know my strategy, I am fully loaded since 16-18k and really enjoying each of these pumps. I decided to take some profits from my Trading Bag* here and not FOMO buying into bigger positions after market entered extreme greed region with many MEME hype tokens that started to explode. It's always a warning sign and for me a clear message, either hold, or take some profits, but don't enter when the mass starts to buy memes. Watching the long term only, and I see mid-2024 as start of the huge bull run, the golden run.

Remember that the big bull starts after halving only. Hence, I am holding positions tight and not going to sell the long term investment bag. HOWEVER, taking profits on half of *Trading Bags each position size of all coins currently holding/LONGING.

*Trading bag = Bag that was bought in the recent weeks or months, something I buy or long/short just to take profits in the short time frame. While the investment bag is my long term investment bag that was accumulated HUGE between 16-18k, this is the bag I will never touch till ATH was not reached. So I am selling parts of my trading bag right here at 42k region and keeping my long term investment bag from 16k fully open. If we speak about "taking profits", I am closing 50% of each position I am holding and taking profits, while keeping the rest OPEN.

This Thursday, we will see the Final GDP which brings some volatility to the MARKET.

Otherwise, the next two weeks are very calm. "

#copied

VPN Unlimited....you can get a discount or lifetime deal via stacksocial

Update87:
Boss pls can u recommend a vpn with 9ja ip?

What's your view on BNB...check the charts.

GRACEGLORY:
I’ve got a feeling down in my gut, that suddenly, SOL and LTC will do what BCH did. And that will only favor HODlers

If it is on the BTC network, it can take up to an hour or more...It is even worse in a bull market because network will be so congested.

daharry:
Guys please I need your help..
I transferred some amount of BTC from 2 of my wallets to my MEXC exchange since 1am on Wednesday, but up till this moment I’m typing this, the transaction is still showing pending on both of my wallets..
I’ve cross checked the wallet address and everything is ok, but the delay is really getting me worried..
Is it normal?
Is there another way to resolve these issues..
Why is the transaction taking so long??

What's the targeted speculative price?

henrycryptmento:
*Pullbacks incoming on BTC and most altcoins. Long should be careful.

After pullback, we find entry and go in 💪✅✅

EDIT:

Okay, it has been removed. Here is the thread: https://www.nairaland.com/3094693/promotion-betting-forex-binary-options

yemmit90:
I don't expect anything less from you guys, shebi una don dey lament up and down. Only if you started your crypto journey before 2016 that should he talking to me like that. People know me very well on Nairaland and offline, just that I always feel it's a waste of time posting here because you people hardly read withiout insulting.

Even if a post doesn't go down well with you, you read, digest and move on. Thank God for those who know my value here and offline. I won't reply any of you again.

Chai...time don go sha...this life... I remember when Bitcoin was $600 because I started as a freelancer in 2015. Many would have been a multimillionaire now if not for Nairaland's disposition to cryptocurrency then and a lots of misinformation on this forum.

A proof is to check the pinned post in this investment thread.

I can use x100 and x200, But it takes some mastery, good call, entry and analysis of where it will reach, bounce, and TP.

Using high leverages like this is not recommended for Isolated if you don't have enough capital you can add to margin to drive price down.

That is why most use Cross. I can trade $500 on Bitcoin with 300$ account and use x50, and liquidation price will be $12k or 20ks if I use x100, etc...all the while using only $10 to achieve this.

But any silly mistake with Cross will liquidate all your assets on that account.

That's why any newbie using this should not try it, coz it is dangerous if you don't know what you are doing, both TA and PA.

Using Cross with shitcoins...bye bye.

Superpack589:
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.

Another Bitcoin Maxi spotted.

yemmit90:
When we tell people that crypto is no longer what it used to be, some mofos will craw out of no where to insult you or call you novice.

The era of buy and hold for big profit is gone, all efforts is now concentrated on Bitcoin and margins trading. Even if bitcoin reach $100k, alts would either gain little or depreciate.

If you want to trade crypto, do only bitcoin and top 20 coins. Trade probably once a week or 2 weeks, because within this period, market must have taking side.

Ico is another aspect you should not ignore.

Like Yemmit90, like Ogogorofreak!

I understand your pain. I've been there, but now, I can smile. And I have a target.

One of the ways to quickly turn your margin to dust is not understanding the market.

Secondly, I mentioned earlier on this thread, know your strength. I've made some of the mistakes you mentioned here.

That's why I quickly sought help. They say follow person wey no road. And I did, which reduced my losses significantly and increased my profits. It's not good to deceive oneself. When you realise this is not working, then it isn't. Since I knew I didn't understand it, I quickly throw hand up. Now, I do small small.


Third is, the market takes from the impatient and gives to the patient.

I was once -$60 down on a $150 portfolio on a coin, futures. It felt like deja vu. I could have closed it, but I said, let me just watch what will happen. I will wait it out. After all, I've seen people with - $200k PNL, and after some weeks after, it turned positive. Now, that same coin is on +$80. Yea, I had a bit of a slightly bad entry, but I waited. In some cases (not all cases), all some of you needed to do is wait to break even or stay in small profits and close.

I still make some small, silly mistakes, which have affected my portfolio but I learn from it until I reach full awareness. Based on the above, I only recommend it on coins with strong fundamentals.

Also, one mistakes we noobs make is venturing into futures. Spot is bad enough, now you want to navigate the stormy realm of futures. Yes, you can increase your earnings with it faster, or send yourself back to the village in a jiffy too. Treat futures like spot, and you won't have much problem (whoever reads, let him understand this part).

You said you short the market, don't work against the trend. Yes, there will be pull backs here and there, but we are in a pre-bull season. I short Sats last week and within minutes, +$40...instead of me to take profit and close, I waited. Later, it turned to - 40. I was pained. What did I do wrong, waiting for it to reach my target instead of doing scalps. Standing in front a speedy train. Even though I got the bearish signal right, I was still wrong in application.

Like I said in some of my posts, HOLDers make the most money, not traders. That we are entering the bull market doesn't mean you still won't lose if you don't awaken your consciousness to what is making you lose.

You may gain massive profits in the bull market and watch it disappear because you don't have your exit and never looking back strategy.

About HOLDers, even a noob will become profitable because a broken clock is twice right a day. Just following the principles of monthly low, yearly low, monthly high, yearly high can make people profits. But the issue is not understanding the principles but WAITING (PATIENCE) . That's the key.

If we approach crypto with the idea of stocks, we will get rich. But if we approach it with the idea of MMM, we are all going back to the village.

I have bought some coins now and set it ATH and forgot about it. The email notification will wake me up.

I'll reiterate again, follow person wey know road, not person wey dey act as if say e know road. This is to cut short your journey.

I did not even lose up to you before I sought help. I was a holder before I ventured into trading. Perhaps I should have stayed that way. But God knows our path.

Sorry for the epistles guys, just to clear things up and give words of encouragement. Even me cried during my time, but now, I know as I ought to know. I leverage on other people's wisdom and some of mine.

Superpack589:
I can't do this anymore abeg e. I just lost all the money I used to invest in this crypto market. It happened first week of December when Bitcoin pumped. I was busy shorting the market. My heart was always racing like it wanted to explode. I don't know how I managed to enter the industry at such a wrong time.

I don't just know what came over me. And the money was even a loan o. Now I have to pay for 12 months from my salary and the interest is high.

I see people mocking somebody who just died because of 2.5 million. That's not even up to how much I lost. My heart almost failed me too. Some of you here have become so used to losing huge money that's why it does not move you. I takes years to develop that kind of big heart and not everybody can survive that lifestyle.

Yesterday, I tearfully withdrew the remaining $120 from the $1500 I enthusiastically deposited into my account in early December. Now I have decided to focus on my writing career.

This was not what I planned o. When I took that loan, I thought I would pay everything in a month and still have enough money to splash around during Christmas. Chai. I had big expectations. But I lost everything in less than a month. What a bad luck.

Crypto is not the only thing that can make somebody rich jare. It looks easy but is very hard. If not greed, why will somebody put in a particular amount and be expecting 100% profit in a few minutes or hours. This greed particularly took over me and impatience made it worse. Sometimes I would make profit but I wanted the profit to increase and then I would watch it go down again until I am losing and will then go and cancel the trade to prevent further loss. I was such a phool. I watched hundreds of dollars getting swallowed continously. And I was trading very aggressive-moving assets like 1000Bonk, 1000Lunc and Matic which even made the loss faster with their rapid movements. I started to feel the market was particularly against me. I felt somebody was looking at me and just directing the nets to catch me. I started looking at everything with suspicion.


I was angry with everybody. I was angry with myself, my family, I was even angry with God for what I did to myself o. I just ask God for forgiveness. It affected my relationship and career so much. I almost resigned o because I thought I would be rich soon. That would have keeled me.

I wish we could rewind time so I can undo this financial hole I just put myself.

I still bear a grudge for this crypto market and I believe one day I will come back to take back all my money it has swallowed. Or not

What is inconsequential to you may be really serious to others.


As for Oggy, the person who recommended it believes it is for holding, not instant gratification. Its time will come.

SINisSIN:
2.5m or 2.5b?

Most people here have lost more than 2.5m on crypto and dey still dey gidigba. Wetin be 2.5m? He is not serious.

How To Manouever the Bull Market.

It depends on your taste and skills. Know your strength. Like Graceglory, said, he is a holder.

1) Holders make the most money. They have already gotten their bags before others start FOMOing. Have an account for holding promising projects for the bull run...not to be touched, and set your limit sell order/targets. Some exchanges allow this, except Bi.nance, I think.

2) If you know how to trade (it may be from taking reliable calls), have another account to trade spot calls. Solely spots.

3) The last is another account to carefully trade futures. Profits from this can be rolled into more projects on spots for holding for the bull run.

The above is based on your skills. 1 is compulsory. The other two are optional. Number 3 is not advisable if you don't have certain experience/mastery.

So, have separate accounts for all these.

seanwilliam:
Been buying since.
Just thinking I should stick to the plan or

"One year ago, I promised you a brutal cyberattack on the worlds largest banks including central banks such as FED or EZB and the threat is real:

- Old money system not ‚secure‘
- Start of 4th industrial rev.
- People lose life savings
- Start of CBDCs

All coming in 2-4 years ⏳"

#copied

dukeo:
Bitdefender has lifetime subscription?

can't say. Try Unlimited VPN...you can use stacksocial to get it at a discount price. @Tokyo2ce

Don't know of any free vpn at the moment...but you can try and get their lifetime subscription cheap...

Tokyo2ce:
Can you suggest free VPN? Bitdefender dey ask for subscription.

Kucoin

highvaluewoman:
Where can I get $DAG? Can't find it on most exchange apps.

You can use Ku.coin or use a VPN with Nigerian IP address.

Update87:
Thank u for d response

I'll do that...but my concern is I'll be using bi...Nan...ce in the UK a lot (considering d preparation for d bull run)

Won't that raise an eyebrow for them?

Apologies for too much questions (I don't want a situation whereby them go lock the small change wey I get inside my account)

"#Bitcoin doing exactly what I have mentioned in yesterday's Sunday report

Perfect retest of MA20, and those who put their long orders at MA20 are in very good profits now

- 48k next as long MA20 holds
- Funding rate back to neutral
- Healthy market again
- MA20 retest done"

#Copied

Please, those who use DEX, what is Metamask's fees for deposit? and transfer...

Already touched 40k now and closed at 42.


Volatile week.

Always afraid of Mondays dumps/lows.

GRACEGLORY:
As long as the $42 area holds, the upside is certain from here.

Satoshi, will you “Send in the cavalry at this time, or we having a taste of $40K again 🙄⁉️!"

sotall:
I think some people are trying to buy cheaper.

Hence the FUD...

Now they are trying to bring down binance and put more fear on people

??

Altcoins will give you the most profits. You have no business with BTC except to watch it as a wall clock to signal what will happen in the market.


Alternative to BTC is YFI. Buying a full one now will be very profitable later on if you compulsorily want the BTC feel.

Thanks.

Kingcid:
Not currently

Already bagged some Altcoins awaiting the bull run

Should I sell off some bags to purchase the BTC or keep hodling the bags??

Which option do you advice for more profits boss

Anything can happen...whether you buy now or not, one thing is certain, there should be a significant price increase towards halving, which is in April.

However, there should be another early price increase in the first week of January because January 10 is supposed to be the deadline of ETF decision. And analysts are saying there is 90% chance it will be approved.

So, imagine the news of approval filtering out, what will you see? A god candle of course.... If we retain the 40ks to December ending, then with the god candle, 60 will be hit within mins/hours.


My question to you is: Do you have the money to buy half of btc or a full one?

Kingcid:
Good afternoon sir

I have been skeptical of buying BTC and hodling against next year but with this your write up,I am more confused if I should buy now or what do I do 🙏

"#Bitcoin - whats next ?

The big Sunday report, all you need to know:

🚩 TA/ LCA/ Psychological Analysis: In last week's Sunday report, Bitcoin was at the $38.500 region, and I told you that I am expecting 42-44k region next. As you can see in the chart the idea fully played out and we are now watching two very important levels:

Level 1: $45.500 region is a very important level. Breakout above it opens the way up towards the main target of 47-48k.

Level 2: $42.100 region, breakout below it opens the way towards MA20 region. If BTC wants to continue its uptrend, we need to bounce at MA20, otherwise, you can expect $35.000 region next if MA20 fails to hold.

Remember that the main target is $47.000 - $48.000 region as long MA20 is holding. A breakdown below changes everything and BTC starts reversal to the mentioned regions. Keep in mind that MA20 has been a friend since the entire uptrend from September, since the 27k region. Everyone that follows me knows the importance of MA20, it was mentioned in almost all Sunday reports in the past weeks. It's also important to mention that the funding rate is extremely heated up, and a correction is needed sooner or later. So, any retest of MA20 is not impossible and won't change the mid-term BTC picture, even when dumping 10% from here towards MA20, which is located approximately at $39.600 region currently. Losing MA20, and trouble will start, as long its hold, I would stay relaxed and keep an eye on the main target of 47-48k. If you ask me where the start of a bigger correction is, I would tell you it is 47-48k. It is the area where I am expecting a 20-30% correction to take place.

This week will be very volatile due to CPI data that will be released on Tuesday, while FOMC will be on Wednesday, and 97% of the market expects that there won't be any rate hike increase and 3% are expecting a rate hike increase."

#Copied.

"There is no way #Bitcoin can stay below $60.000 once the halving event is done in April. Bottom was at 16-20k with current reward.

Rewards will be cut in two after halving, so price needs to increase by two. This makes a new bottom of 32-40k after halving.

Good times ahead...

Explanation: The average Electricity and production cost price for #Bitcoin is between 16-20k with the current mining reward; this means that a miner needs approximately 16-20k in electricity and production cost to mine one Bitcoin with the current reward of 6.25 BTC/ block.

Let’s imagine this scenario: Bitcoin does not increase in price and stays at 16-20k, but the halving event starts, so instead of 6.25, we only have 3.125 BTC as a reward, yes. This happens after the halving event, the rewards for each block found are getting halved every four years, and with all the amount of miners, you can just imagine how small the reward is going to become for each person that is involved in solving the next block.

What does it mean for a miner?

While electricity and production cost remains same for the miner, his income is halved, so he needs to spend 16-20k in electricity and production cost, just to get half of his previous income, so instead a full BTC he will only own 0.5 BTC afterwards. This would mean a total loss of $10.000, and the miner is forced to stop his work, otherwise he will pay much more in electricity and production, than he is actually generating. Absolute loss

The reality:

Bitcoin moves in each halving cycles not because of person X said so, or because ETF hype, no, BTC doesn’t care for anyone and is moving in its own cycle. Halving the rewards means double the price. The production cost of 16-20k is currently our bottom, so after halving 32-40k will be our next bottom and it won’t go lower, otherwise miners will stop their work and the BTC network will suffer heavily. Something that is unimaginable and way too big to fail.

To make mining very profitable, #Bitcoin needs $60.000 or more, and this is perfectly matching with the last ATH, it’s the price area where most of miners start to become very profitable, and it’s the time when the big FOMO starts. In my opinion, we have seen nothing yet, and the absolute bull run is coming few months after halving event."

#Copied

The issue is not maths. You just have to open your mind. Also, you don't need much jargons...that's where the issue lies.

Geo4646:
No matter how hard I try to understand trading, I don't still understand. Over a year now, duo am not good in maths. Maybe it were my problems start from. I have passion for trading. I wish one day to be able to learn and understand everything about trading.

Is Glo not good in your area...coz it has been reliable for me and my data doesn't drain easily like MTN

Sarahray:
Pls guys recommend a website I can buy data from cos Mtn wan finish me

Hotice085:
Leave those people wey de busy deceiving themselves with TA jargons
Bro keep doing your DYOR and remain vigilant

30k coming is no biggie...there may be a correction soon, but if the market makers say no correction and wait for January 9 - 10...who can question?

Make you no scare us...we don see everything...

If BTC crashes near the holiday season, it is not surprising. It is also normal.

On the second thought, that will record as the monthly low. October crashed from 35 to 26, then closed at 34.

No fuss...