NewStats: 3,263,973 , 8,182,116 topics. Date: Monday, 09 June 2025 at 06:29 AM 2p3n656382y |
Crypto Currency Investors Thread (4732782 Views)
crazymommy(f): 11:29am On Dec 20, 2024 |
Alexas58: Are you crazy or something?? Just few days ago, you were the same person who claimed you never told people to short the market , now the same you is saying you told people to close their buy trades .. Or how will they take profits if they don't close the trade ?? 2 Likes 1 Share |
Geekels: 11:30am On Dec 20, 2024 |
Will there be an end to this blood bath? The 400usdt plus all my profits, there are all gone My eyes are red. I just hold whisky and hip hop dey hold body, 3 Likes |
lrman(m): 11:32am On Dec 20, 2024 |
crazymommy: Just ignore that guy. , many are mad , only few are roaming 3 Likes 1 Share |
Chully01(f): 11:34am On Dec 20, 2024 |
Kilonshele gangan nahh ![]() Make I go chop roasted chicken ![]() |
iLegendd(m): 11:40am On Dec 20, 2024 |
kalu61: BTC is the boss and every other coin, including ETH is just for fun and promises. Peller is a young Nigerian who mixes English the way he likes, yet he makes more money than most graduates who speak Queen's English. This is to say, alts are not totally bad because they'll surely make you more money during altseason, but in BTC season, they'll struggle and whenever they pump, take profit else you'll lose them and even some of your capital. Now, here is the thing. During BTC season, which we're still in, most old alts with no updates or upgrade going on for them will bleed against BTC. The new ones might pump. It's normal youthful exuberance. In crypto, we have different pairs like CoinName/USDT CoinName/BNB CoinName/USDC CoinName/BTC CoinName/DifferentCountriesCurrencies During BTC season, always assess the performance of your coin ONLY based on YourCoin/BTC. When you check the chart and the candle is going down, it means your coin is underperforming against BTC, so it would be better to abandon your coin and buy BTC. But if it's going up, BTC is underperforming compared to your coin. Maybe "our" money is small that's why we bought alt. But, you bought it at the wrong time, during BTC season, where BTC outperforms most coins. Since you don't want to buy BTC during BTC season because it's smelling, at least buy only top 20 alts. If those ones are smelling too, then keep your money in USDT until the American government starts Quantitative Easing, QE, then, you buy any alt of your choice. (This QE happens at the end of relax year or beginning of sell year). Currently, they're doing QT, quantitative tightening. I might have confused you, if you're a beginner, so let me try again. Your question is: "Why BTC pair? Because l never thought of this. I always use usdt pair due to the simplicity of knowing the coin price than BTC that you will have to crack your head.. Because of the season. We have Bull and Bear season. Inside Bull season, we have two seasons called BTC season and Altseason. Inside BTC season, we have bloody months and green months. You need to know them so you can be prepared. When you're in BTC season, you monitor alts, not buy, until they double bottom against their BTC pair. They don't double bottom at once and some of them don't even double bottom at all, hence you have to monitor them to see when they've bled way too much against their BTC pair so you can start DCA'ing. I wish there is an app that sends double bottom alerts. I'll do some research on it. Saying you shouldn't buy alts at this time is not totally true. You can buy (gamble), but just know you're buying at the wrong time as long as it's not BTC or top 20 or a few (1-5) of the newly listed big boy alts. Any other thing in this BTC season is gambling with your money and if you're old in the game, you can navigate around it and that's why taking profit whenever you see gains is important in any alt you bought out of emotions (in BTC season) that is not in top 20 or newly listed top 5 big boys. So, you monitor their BTC pairs, using the 1 month timeframe until they double bottom against BTC, then you buy the USDT pair of that coin or you wait till altseason starts, which will only happen when QE starts. Sadly, QE will start in January or February 2025. So, most profits alts made in this BTC season will be wiped off by at least 80% whenever BTC bleeds off 30-50%. Are you still confused? Wetin I mean be say, for BTC season, only buy BTC or top 20 alts or top 5 newly listed big boy coins with perfect tokenomics. For the rest, wait until there is double bottom on their BTC pair before you buy or just kukuma wait until QE begins before you buy them. QE begins = The American government is printing money and Americans now have access to lots of money to shalaye and invest in whatever they want and most of them run into crypto and stocks. This printing of money helps increase global liquidity and reduces the value of the American Dollar. Too much circulating = less valuable, hence, Americans rush into crypto to protect the value of their devalued money. As a wise Nigerian, the moment you knew Emiefelẹ̀ was about to print lost of money, the first thing will be to convert all your money to Dollar and immediately to Crypto. Since the American denomination is already Dollar, they don't need conversion, but straight to crypto and what do they mostly buy? Meme coins, especially Doge and the rest. Question 2: I just checked BTC pair on I vs USDT to discover difference in YTD. WHY IS THAT? Tell us what you found. If the answer to your question 1 is not clear, let me know. If it's your first year, see your loses as initiation fee. Some of us paid millions + tears to this cult group. If you haven't cried, you aren't a full member yet. Anyway, you haven't really lost except you give up totally on the industry. These loses is the only thing that'll make you say, "Enough is enough, I must learn and master how this system works and I'll tell my story one day to inspire others." 10 Likes 2 Shares |
Ojemedad: 11:41am On Dec 20, 2024 |
Good time buy, especially BTC
1 Like |
defebe: 11:43am On Dec 20, 2024 |
About 5k dollars lost in two days... How person wan do December like this
1 Like |
Alexas58: 11:46am On Dec 20, 2024 |
Alexas58: Let’s laugh at one clown again! We can still see 120k I’m very bullish on btc |
dimexilux(m): 11:50am On Dec 20, 2024 |
How I wan see money to go back village like this now
1 Like |
Alexas58: 12:01pm On Dec 20, 2024 |
Alexas58: Hahahahahahahahahah This is the third week… I won’t short any coins! Btc is highly bullish, this is just an ongoing correction in the bull market 1 Like |
nna777: 12:06pm On Dec 20, 2024 |
nna777: Boy o boy !!! Over $1B and counting 5 Likes |
Humphery09(m): 12:09pm On Dec 20, 2024 |
dimexilux:Oga nah urna dey sell btc cause dump, if u no go village for Xmas, ur village go disappear next year?? Leave market rest, when them sell finish market go start to pump the people wey sell go beginning FOMO then we sell the bag to dem |
Luckyss(m): 12:14pm On Dec 20, 2024 |
clems88:So you didn't take profit |
Luckyss(m): 12:17pm On Dec 20, 2024 |
Alexas58:I started taking profits when I saw that your post. Infact I later sold everything at the end of November. I will only buy Btcee during bear season. I don't even care about the alts season again 8 Likes |
clems88(m): 12:18pm On Dec 20, 2024 |
Luckyss:not even a penny ![]() |
iLegendd(m): 12:19pm On Dec 20, 2024 |
Did you this post I made on the 14th of August about time? It's still valid. Read it again. What did I say about when gurus argue? iLegendd: That day when gurus are fighting each other on social media about who was right—that day when the person who was right screams, "I told you all, but you didn't listen." That day is always a special buying or selling day, depending on the market's direction and stage. 10 Likes 2 Shares |
Luckyss(m): 12:21pm On Dec 20, 2024 |
clems88:Chai It's so painful seeing all your profits wiped out. I noticed that alts dumps more easily that pump 2 Likes |
Born2conquer: 12:21pm On Dec 20, 2024 |
Born2conquer: Forget technical analysis and fundamental. Everybody should beg me to sell It will pump after i've sold 3 Likes |
Robnectar(m): 12:25pm On Dec 20, 2024 |
crazymommy: Person wey don ment ![]() ![]() 2 Likes 1 Share |
Alexas58: 12:33pm On Dec 20, 2024 |
This is the period where some people will advice others to start doing something called dca! Me I don’t have plenty theory to talk! But we all don’t know where btc correction will end, but it will show on the charts! I’ll advice you to avoid that bullshit called dca for now! Let’s see how btc reacts to 90k ! Let’s get ready! This is also a medium to announce to you that we are hosting a trading competition here on Nairaland with lots of giveaways to traders who participate! You must be verified with your NIN to avoid trolls! N:b==> No hidden charges, 100% free, just come and prove yourself |
armadeo(m): 12:38pm On Dec 20, 2024 |
clems88: Dame boat. Willing to ride the alt season and here I am now. Its sad. This is evil sha. Mm would say its just business but damn does the little man suffer. 1 Like |
kalu61(m): 12:40pm On Dec 20, 2024 |
iLegendd:Not a new bea. Thanks for the clarification. I converted all my coins in usdt. I always know December is mostly bleeding period because portfolio managers and holder got payment and Christmas season to enjoy till January when business resumes. Made 230% in Dogecoin and 8% in Notcoin. Lost 12% in Ltc. January before Trump swearing in, l will load Doge again against April. 2 Likes |
Alexas58: 12:42pm On Dec 20, 2024 |
Y’all can all see that I have always wanted your best interest at heart! You can never go wrong taking profits! The person that wrote that quote a bird at hand is worth more than 50 in the bush isn’t crazy o 3 Likes |
Alexas58: 12:43pm On Dec 20, 2024 |
armadeo: Sorry, I feel your pains 2020 is a year I can never forget! I was dealt with ruthlessly! Ur own even better! |
Alexas58: 12:44pm On Dec 20, 2024 |
clems88: No reason am! Anything wey man loose, wey no be life, man go get am back! Bliv 1 Like |
Alexas58: 12:45pm On Dec 20, 2024 |
Luckyss: A bird at hand is worth more than 50 in the bush! If you treat trading as a business you’ll never let gains turn to huge losses 1 Like |
iLegendd(m): 12:55pm On Dec 20, 2024 |
oliverethan: Tested, approved and trusted. |
armadeo(m): 12:57pm On Dec 20, 2024 |
E don do na.
|
Enyinne(f): 1:03pm On Dec 20, 2024 |
Having complex issues is a big wahala. I like the fact that no one is given attention to this hungry fellow. Normally,when ur doing too much , people will ostracize you . BTC is bullish , alts will bleed but yet you cant short the living day light out of the alticoin. Is God not wonderful ![]() 5 Likes 1 Share |
Enyinne(f): 1:06pm On Dec 20, 2024 |
![]() armadeo: |
Chully01(f): 1:41pm On Dec 20, 2024 |
1 Like |
DieRich5: 1:41pm On Dec 20, 2024 |
Ojemedad:it's not for altcoin, BTC is still at 90k Alt will keep dropping as long BTC is playing at 90 to 96k Sometimes it's better to stay side way, it's not all red you need to buy or if you want to buy check the zone the coin is trading at first Coin like doge is a good buy zone and my Pepe bid is at 0***1000 |
Nigerian Stock Exchange Market Pick Alerts
Viewing this topic: patricknz(m), ssoofftt(m) and 7 guest(s)
(Go Up)
Sections: How To . 89 Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland. |