₦airaland Forum

$50 is okay. With x2 leverage, you can build it up.

Robnectar:
Like how much make I dey budget for futures then

you will get liquidated quickly... 10 x 5 = $50....if that's okay for you. If you intend to go to x10, then you must be really sure of your analysis.

even at that, a 10% return on this is $10. Is it worth the risk?


If you want to go gambling mode and you are sure as daylight that a coin will dump without the shadow wick candle taking you out, $10 x75 can help you...but you will just evaporate when it hits you.

I think $20 and above...the lesser the leverage, the lesser the risk...anything above 5 is driving 220.

Robnectar:
Mehn all die, nah die, can I start with 10usdt 🤣😂😂🤣🤣

IronCastle:
XRP is the most overhyped shit!

Robnectar:
Is like u go dey mentor me on futures now,.. me only dey accumulate,.. I no dey near futures, but what I'm seeing now with my portfolio,. Mehn I wan enter futures 🤢🤢🤢🛹😭

lol..futures is not for the fainthearted. you still have tears to shed for spot...in futures...no tears to even shed when the long claws of liquidation come for you. . Stay where you are o..

When btc is about to dump

nna777:
Opened a long on cyber.
NFA!!!!
DYOR!!!

Good evening everyone

Big warning for all that believe #FTX is going to liquidate assets worth billions on September 13th 🚨

Don’t fall for the trap !

Even if approval for the sale of FTX assets is granted by court on September 13th, execution won't transpire immediately on that date. Everyone that is sharing drama has absolutely no clue what he is talking about. There will be a structured framework to sell these tokens, such as $200m a week as it was reported, or do you think the SEC and CFTC will just watch how FTX is dumping once again on investors?

Next point is the selling marketplace. Where do you think FTx is going to liquidate its assets?. I fully doubt that Binance will take care of it, as it’s not legally allowed to liquidate those assets directly through government channels on the secondary market. However, an underwriter will take care of this matter and liquidate these assets with Risk assessment, finding buyers that are most likely OTC, negotiate the terms of the sale, including price, payment terms, and any conditions to avoid chaos in markets. Underwriters ensure that the sale of assets complies with all applicable laws and regulations. This process takes months, and is nothing to fear about. Market makers love to plant the seed of fear in your mind. While they know the reality. This unnecessary FUD just confirms my believe in a sudden dump towards $23.500 region and a strong bounce that leaves all panic sellers and last minute shorts aside.

In other words, normal sell pressure yes, big nuke and huge out of sudden sell is illegal and won’t happen. Stop the panic and nonsense please
.

As promised a lot of FUD is currently emerging. This FUD will bring up a new market sentiment. Generating a new phase of big fear and new panic sellers. [/b]News that are based on nothing than FUD. [b]Indeed, market will fake dump and act as if it’s affected by the ‘bad news’ to cause more fear and panic in the minds of retails.


Personally I am more than convinced to see my plan playing out, hitting $23.500 first, then strongly bounce from there towards targets above $30.000.


#copied.

learn to short the market...it is called the bear market for a reason...an inverse bull.

Hydroxide:
Omo, this crypto business no easy o. The market don cast abeg

Debunked.

FTX has according to this slide 3 billion in crypto ready to dump on the market and send us to goblin town.

But what is the truth?

First, these coins will not be market-sold. I bet most will go OTC. Those that aren't will be sold slowly via market markers, IMO.

SOL - this is all locked with release of the coins happening over the next 4 years. When this is sold OTC, it will be someone buying FTX's vesting contract.

FTT - marked at 529 million here, but the current market cap is 350 million. This coin is basically worth zero though. Who the heck would buy this garbage? No one.

BTC & ETH - they have a good amount, but not billions. This is absorbable buy pressure.

Aptos - this is the only one to maybe worry about, but again that would only be if they dumped all the coins in one go. Which they won't. Remember they want to extract max value from these coins.

Everything Else - No amounts big enough to be of concern.

The FUD around this is worse than the actual event itself.

#copied

twosquare:
Will they use it to pump FTX??

Spider20:
Whale or trading Bot.
FTX is crippling solana
A large amount will be sold

Will they use it to pump FTX??

Spider20:
Really enjoyed your analysis Bro
Nice one
22k or 23k
Am not buying until BTC gets to $20

That's Armageddon.

Solana's whale buy in the past 24 hours despite drop in price. Looks like they know what we don't.

#Bitcoin    - whats next ?

The big Sunday report, all you need to know:

🚩 TA/ LCA/ Psychological Analysis: The market is strong bearish and more and more FUD is loading. For now, FTx uncertainty regarding $SOL is loading as we predicted few months ago, when watched the FTx data. Its not only $SOL that is affected, but the entire Altcoin and BTC sector.

We enter into the phase of FUD and fear which has not even started yet. Meanwhile market makers are fake pumping altcoins to liquidate those shorts from above with sudden fake pumps, just to nuke it afterwards. It gives us hints that market makers know BTC next move, and want to take out most of altcoin shorts with these fake pumps.

At the same time they send BTC into the boring sideway zone. Indeed, the next BTC leg down will fully nuke the Altcoin sector. You have been warned. For now I am watching several options we might see for BTC before hitting my final target of $23.500.

The best short entry for those that missed my call at 31k region is currently at $28.600 region. [/b]Pray that market allows you to visit again, if it happens. I would add more into my shorts. [b]I have been mentioning $28.600 for a longer time to retest the breakdown of MA100 which happened on the 17th of August.

So far we have not retested the breakdown, and at the same time a big liquidity pool is perfectly matching in the same region. More than enough reasons for market makers to bring it to $28.600 region. This is not a long call! However, general informations on what might be the next moves of the market makers. Be prepared for all scenarios.

All in all, zoom out, and final target remains in the downside with target of $23.500

In last week's Sunday report, we spoke about an incoming sideway movement that took place as expected. This week is more volatile if important numbers that will be released on Wednesday (CPI) and Thursday (PPI) be higher or lower than the expected numbers.

Think tank for some scalp trades:

Wednesday:

If CPI numbers higher than 0.6% = Short term bearish
If CPI numbers lower than 0.6% = Short term bullish
If CPI numbers exactly 0.6% = Not much movement

Thursday:

If PPI numbers higher than 0.4% = Short term bearish
If PPI numbers lower than 0.4% = Short term bullish
If PPI numbers exactly 0.4% = Not much movement

Summary:

1) Fake pump to $28.600 region and nuke
2) Consolidation in same region and nuke
3) All in all, target is one and the same: $23.500

🗓 Important Events This Week:

Monday: //
Tuesday: //
Wednesday: CPI
Thursday: PPI
Friday: //

#Copied

Week recap...sideway movement as predicted by this fellow....real volatility should start this week.

twosquare:
"The big Sunday report, all you need to know:

In last weeks Sunday report we spoke about the strong possibility of a fake pump that will most likely take place, indeed BTC fake pumped towards the liquidity pool in the mentioned region of $28,000 and went down to neutral level, exactly as predicted. Those who listened and joined the short are Indeed, in big profits already.

The market will keep tricking you with these news, till you become exhausted and give up, thats the moment when the ETF will be approved and the mother of all bull markets is about to happen in mid-2024. Indeed, only a few have a complete big overview on what is going to happen in the next few months.

🚩 TA/ LCA/ Psychological Analysis: For now, I am expecting a sideway consolidation till next week, it is a very calm week with less volume and less data release. Key levels I am watching are two liquidity pools at the region of $28.500 that are perfectly matching with MA50 Daily and MA100 daily and a liquidity pool in the region of $25.200 that can be used as fast long scalp with fast taking profit, no reason to hold the long from $25.200 for a longer time due to very bearish market situation.

Remember that taking a quick long from $25.200 doesnt make me close my shorts from 31k region, please educate yourself and learn the meaning of fast scalps, and the difference to swing shorts. To make it clear, $28.500 is a clear short signal for the mid time frame, while $25.200 is a long signal for the very short time frame. Last week I gave you $28.000 as clear short signal, and four weeks ago you got $30.500 as clear short signal. Indeed, those who listen will end up with profits.

Remember that September is historically the worst month for stocks and Bitcoin. Thinking that this time is different will bring you in a lot of trouble. The chart itself, the liquidity, the psychology and the BTC cycle are all pointing out in the lower direction. I don't want to see my followers being fooled by some other accounts that were promising a new bull market after BlackRock announced an ETF. The reality is, we are far away from a bull market.

Summary: Thinking about a sideway movement till next week. Real volatility starts in next week due to CPI and PPI data. Remember that September is the mother of all bearish months, something I would not ignore.

Congratulations for those that are still holding their shorts from 31k region. Holding !

🗓 Important Events Next Week:

Monday: //
Tuesday: //
Wednesday: PMI
Thursday: //
Friday: //"

#copied

Sorry, but you won't be missed. Many have come and gone. It is a cycle. What is happening on Nairaland is a reflection of the society. Hidden thoughts, and visible ones.

I stay mostly in the investment/business section...don't have time for slurs...etc.

Trading Psychology - Mark Douglas


https://www.youtube.com/watch?v=_UTbzIOvhTw

"Impatience leads to the most common mistakes.

Early entries, trades closed too early, rules broken.

Patience is the most important trading skill."

Luada:
What is the rate for 1dollar on p2p so you mean I can transfer money from my payday virtual dollar card to my binance account.

Don't know the value, bro. You will need to check Binance for that. Since it is Payday card, use card to buy it directly on Binance if the card will be accepted.

P2P involves bank transfer...except you have buyers in your region that accepts payday as a means of payment.

Luada:
Hey guys i just want to ask a question, is it possible to deposit funds from my virtual dollar card to my binance account

Possible. But it's cheaper to buy with P2P, I believe. You get more value for your money.

Which will start the bull run first: Eth spot ETF or BTC spot ETF?

Price should continue to increase. It won't happen immediately after the halving....often after a bull run, and it may take a year or so for price to come down momentarily...I am talking about btc here...and even the downward price should be higher than the previous prices when you last bought.

Chikacha:
Do you think we would have one last dip after the halving?

Sorry about my typo. Multitasking today.

You mentioned some months to buy the dip, so I am wondering if there may be a dip immediately after the halving.

Kindly rephrase so I can understand.

Chikacha:
Do you think we would have on last Dip after the halving?

Work and save...people should accumulate when bitcoin hits 23k....then accumulate again in December.

In December, just accumulate and hold and forget...no trading your investment...only wait.

LincolnOnyeabor:
My biggest fear right now is Not having enough Liquidity to buy these gems at these prices before the Coming Bull Run!


That's my Biggest Fear presently!!

For that to occur, something cataclysmic must happen which directly impacts the crypto world...people like you wish for such a low, but when it comes, you fear to invest.

I like your optimism, but sorry, the probability is narrow. It appears the train has left the station. We can see 19k -23, but not that...

We can have that after the whole bull run is over and people are taking profits.

YESpParticipant:
It doesn't matter whether d move happens today, december or april next year.
Just have it at the back of your mind that btc will crash to 8-9k before the next bull run.
What we had early this year was a bear market rally to grab liquidity from novice retail traders before d actual capitulation.
No dull yourself!

"There is one thing that all unprofitable traders have in common.

I’ll tell you what it is…

They all secretly hope to always win and never lose.

Why do traders change strategies?

Because they take some losses.

Why do traders give up?

Because they think it was easy money.

Why do traders stay unprofitable?

Because they don't understand the game.

It is a clear Mindset Problem.

Always winning and never losing is simply impossible.

Profitable traders trade to win.

Unprofitable traders trade to not lose.

Profitable traders accept every outcome.

Unprofitable traders try to be always right.

Profitable traders let go of losses.

Unprofitable traders go crazy when they lose.

Ask yourself:

What are your subconscious beliefs?

Do you always go crazy when losing?

Do you go FOMO, looking for fast money?

Do you still change strategies?

Do you struggle to be profitable?

If the answer to any of these is YES,

You've got WORK to do."

#copied

Up and Up...but the forecast has been 23,200 or 23,500.

Hadizometer:
Pls, what's next for BTC, will it touch 20k?

"Institutional vs Retail Trading.

What's the difference?

Firstly let me make this very clear,

Nobody knows how institutions trade.

Whoever sells you "institutional trading" is selling you the dream.

But, here is the main difference between us (retail traders) and BFIs (big financial institutions).

- Institutions base their edge on Complexity.

They have the:
- Tools,
- Talent,
- Money,
- Technology

and everything to build complex trading strategies & algos.

- Retail traders base their edge on Simplicity.

In essence, we find simple patterns that repeat over time & have vielded
a positive return in the past.

Then, we build a simple system,

Combined with risk management and execute that system over and over.

So, stop trying to be an Institution.

Build a simple system that help you:

- Execute easily,
- Make little mistakes,
- Avoid confusions and
- Stay effective in the markets.

That's the holy grail, traders.

Simplicity is the secret weapon."

#copied

Brexit is part of it, of which they would have recovered slowly. But the straw that broke the carmel's back is the Russia-Ukraine war.

It slowed down their economy a lot. The West shot itself in the foot out of pride.

Actually, based on Kucoin's Whale's analysis, the sentiment on BNB is bearish. Extremely bearish....

So, Inverse Cramer saying bullish on Binance...well, jaapa.

Chikacha:
What have we not seen in bear market. Why would this kind of person be bullish on Binance nau

Stan2330:
Crypto is scam if you care to listen.. it generates no cash flow. Everything about it is just speculations. That is why no price is too high or too low for it. Even with current btc price, you can't tell if it is too low or too high

Everything in life is based on speculation, bro. It is value to those who value it.

Wise decision.

Anyone who wants to trade can please give it their all this week. Next week will be volatile...today is holiday in US. We never know if dump will come early but I presume they would want to do that next week data, the perfect excuse.

So, trade with caution this week, and you can make more. By next week, there may be need to recite your psalm...i may be wrong.

Spider20:
Thanks for these.............
My own view is, Am not buying any coin till after Fed hike data rate which is 20th of These month or thereabouts.
Am expecting a bearish momentum.

Also am tipping Shiba inu to perform a great run during bull market because of its Shibarium layer2 blockchain.
Now those that missed on Shiba during the last bull, these could be your next opportunity.

Artificial intelligence (AI)
Blockchains both Layer1 and 2
These are my bet during the next bull

DYOR................

The next mother of all predictions is a sudden BTC pump above $30.000, towards 40-45k in the beginning of the next year, consolidation and fully send in July - June with targets between $90.000 (Conservative) and $150.000+ (Optimistic).



Indeed, the mother of all bull markets will shock those that are still waiting for $10.000 or lower."

#copied