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Crypto Currency Investors Thread - Investment (4114) - Nairaland 73q5c

Crypto Currency Investors Thread (4732782 Views)

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crazymommy(f): 11:29am On Dec 20, 2024
Alexas58:


When I said take profits in the November run!


Clowns were trolling me!

But does the market care bout ur emotions??


Bull run 2024 shenanigans

Paid group is 1 million per day

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:


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 ??


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 angry

Make I go chop roasted chicken lipsrsealed
iLegendd(m): 11:40am On Dec 20, 2024
kalu61:
On your number 2, 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.
I just checked BTC pair on I vs USDT to discover difference in YTD. WHY IS THAT?

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:
Btc seems to be in a range and I don’t trade ranges.

Since btc seems to be in a range, there is no clear direction yet!..
I’m still bullish. But I’ll stay out of the market till a clear direction is given….

Position yourself to buy the best pull backs!

I want to buy pull back on ads… but for now.

Market is still trading in very high momentum and correction has not yet been established and in the daily time frame, we are due for a little correction!


I’ll wait for the correction .


Cc
Valwezzy
Cmoney22222

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:
This sudden pump is as a result of trump ringing the nyse bell tomorrow during the nyse opening trading session!

Be very careful!

This is a news event, which pumped this massive trend!

It can easily reverse!

Any small shaking

Sh!t coins will cry from now till the next 4 weeks grin

Btc is highly bullish!

I won’t short any coins!

I’ll only position myself to buy all the pullbacks in the best coins I see!

Trade and think like a champion


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:


98k7. Likely a little rally to 102/103 level before another dump to the 80,s
NFA!!!
DYOR !!!

Boy o boy !!!
Over $1B and counting

5 Likes

Humphery09(m): 12:09pm On Dec 20, 2024
dimexilux:
How I wan see money to go back village like this now
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:
bullrun bullrun bullrun. All my profit has been wiped because of bullrun angry
So you didn't take profit
Luckyss(m): 12:17pm On Dec 20, 2024
Alexas58:
When I said take profits in the November run!


Clowns were trolling me!

But does the market care bout ur emotions??


Bull run 2024 shenanigans

Paid group is 1 million per day
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:
So you didn't take profit
not even a penny angry
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:
TIME

Time is a mirage. Time is a perspective. If you master it, you've mastered patience.

And since it has made you master patience, add a purpose, and you'll realize you've mastered success with strategy.

The 4-year Re-Sell-Bu-Bu system I'm proposing for everyone to use might seem long to some people, but , time is a perspective—and I have experienced both sides.

If there is a wedding you really MUST attend, but you don't have money or clothes to wear, and fortunately, someone owes you 2 million...

When you go asking for the money, and the person says, "Give me 1 year, things are so hard for me," do you know that this one year will feel like a decade (10 years)?

Now, imagine you're living in a place where you owe the landlord one year’s rent of 1 million, and your salary is 100k. You have 12 months to pay up or get sent out, and your only income is 100k. Your feeding, transport, family expenses, etc., are all there. You don't even know when you might get sacked.

You can't even save 20k per month from the money. How will that one-year interval run in your mind? Slow or fast?

Gather here with your glass of juice; let's laugh together. Hahahahaha. You get my point. It will run like Usain Bolt. Thirty days per month will feel like three days.

Four years will feel so long for Chidinma in jail, but so fast for her sister, who is 29 years old and looking for a husband. That is perspective.

The level of money and freedom you have alters your calendar of life (time). All of us use the same calendar and clock, but our brains use a different one called a "perspective calendar." Its speed is dependent on our current predicament.

A man who has closed all his trades and is waiting for BTC to drop to 38k to buy, a man who bought at 15k, or a man whose liquidation point is at 38k operates on a different time, frequency, and emotion.

If BTC keeps going up, up, and up, the 38k waiter begins to panic, and every hour matters to him. But if it keeps going down, down, and down, the 38k liquidation trader begins to panic—unless it's his strategy, and he has more money to buy at 38k. These people are operating on different calendars.

Even the 15k buyer might say, "Damn! Why? I should've taken profit when USDT dominance bottomed on the monthly trendline when BTC was at 73.7k. I saw it, but I didn't take profit."

The worst part is if you're a woman and you're 29 and unmarried. Four years will feel like four months. Time will start moving so fast, and before you know it, you're 30 years old. One month later, you're 31. Two months later, you're 32.

It even gets worse if your family, who can't help financially because they don't have the means, is putting pressure on you.

For a man, if you're poor at 39, even after earning all the degrees, you'll feel the same. Time will move so fast that in two seconds, you're already 45 years old and still poor.

So, use this 4-year system, and don't worry about the market—study the market. Just save some USDT and put it in "earn." Every month, it generates profit until that "buy" day arrives and rests on your shoulder on a platter.

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.

If your BTC plan isn't a 4-year plan, you're desperate. All of us are, but let's learn to control it, and we'll rejoice in the end.

Being convinced to go into crypto should serve as a blessing to you. It's not easy convincing those who have lost money in MMM or on social media scams to this industry.

You, who got convinced either by yourself or someone else, count yourself lucky. And as a lucky man or woman, use your lucky charm—perspective, patience, and strategy—to your advantage.

Too many people are depressed today because of a lack of patience, while the rest are depressed because of too much patience that wasn't strategically monitored or managed.

Inasmuch as patience is good, too much patience that isn't scrutinized is bad.

Even if you forget everything I said, don't forget this one:

"Time is a perspective. Its speed is based on your current situation and condition in life."



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:
not even a penny angry
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:

Lmao, i talk am sey na me dey do crypto.

I sell wormhole e pump.
Doge dey pump, e stopped pumping the day i bought it.

Other coins dey do 10% dip, DOGE wey no dey do 5% dip dey on 20% dip

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:


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 ??





Person wey don ment grin grin

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:
not even a penny angry

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:


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.

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. You haven't really lost except you give you totally in 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."
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:


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.

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:
not even a penny angry

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:
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

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:
That's an interesting strategy! By focusing on BTC pairs, you're truly tapping into the relative strength of altcoins compared to Bitcoin, which is often overlooked by many cryptocurrency traders. Identifying double bottom patterns is a smart approach, as it indicates a potential reversal in the cryptocurrency's price trend. I agree that combining this with strong fundamentals, a solid community, and developments can significantly increase the chances of a profitable trade. The DCA strategy also helps minimize risks, especially in such a volatile cryptocurrency market. Thanks for sharing this insight; it's definitely a useful tip for anyone looking to get ahead in crypto trading!


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 grin

5 Likes 1 Share

Enyinne(f): 1:06pm On Dec 20, 2024
grin go press button for ur junction it will stop it . Walk 50 km to arrive at ur destination.
armadeo:
E don do na.
Chully01(f): 1:41pm On Dec 20, 2024
armadeo:
E don do na.


Call Jerome
Na him fault grin
Detty December cancelled

1 Like

DieRich5: 1:41pm On Dec 20, 2024
Ojemedad:
Good time buy, especially BTC
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

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