Ibime:
No matter how BTC advocates paint it as a hedge against inflation and the wider economy, BTC is actually the most correlated asset to wider macroeconomic trends.

Like I said, in times of uncertainty, institutions shed their riskiest assets first starting with crypto. From Omicron fears to poor November job numbers to Fed hinting interest rate rises, the macro picture is not great for risky assets. Guess what, if in two weeks South Africa confirm the Omicron variant is mild and barely causes death or serious illness, market will pick up again.

As for me, about 70% of my capital was committed before this dip. I cut part of some positions such that 40% of my capital is committed, with the other 60% dry to buy at $30-$35k. When you have taken good profits back home to fiat, you can afford not to get emotional about things.

Boss which good coins can one invest on now?

FineDragon:


Abeg am a newbie and I'm trying to decide the coins to buy have posted many questions, please share coins that you probably think will change one's life

It is not time for buying except you are willing to take the risk, btc price might be stable for now but the crash might not be over. On 6th Dec., if btc closes above $50,000, then you can buy. If it closes below that price, expect another crash.

FTM
Mana
Sand
CHR
Matic will recover easily

FineDragon:


Abeg am a newbie and I'm trying to decide the coins to buy have posted many questions, please share coins that you probably think will change one's life

buy dragon coin lol.
Go and see price history of some coins ranked by market caps...see how far dey have fallen den decide on your own since dia is dz 99% chance that prices will be restored to normal bull running state buh we just don't know when.
Buy low! Sell high! is how some newbies n veterans trade dz days.

ThisisIkemefuna:


It's business for those guys. This crypto_ now be like na them e pay pass oh

I wish I know how to get usdt at a cheaper rate like them, I will just switch business to p2p trader.

Misyarn:

Boss which good coins can one invest on now?

Some questions no worth to answer.

The only cøin to buy when BTC has broken support is to DCA into BTC at the next levels of support. BTC levels of support are $45k, $40k, $35k and $30k to keep it simple

seankafor:
oga you sabi vex person ahswear..

U no dey tire?

Read the truth in those paragraphs, the time to make correct decisions is not now when you had already bought wrongly. WAIT for the next market cycle to correct your mistakes. Either you do that or you suffer it again.
If you do not want to take the advice just ignore the post (afterall I did not address it to you)
It is your money, grow it as you like or blow it all away. If my portfolio is safe and I am not complaining because I took steps that I took, it's either I am lucky or I was right. keep buying low and selling high, let me keep buying my discount and selling my premium.... It's your business sir.
Do not attack me for saying the truth. Just as I do not attack you when you post things I do not support. Ignore it or get me banned from the group. Very simple

Your case is not even that bad for you to be feeling so down, some ppl are worse off than you, at least you have common sense, meaning that your potential is bright.
Instead of you to bring drink, come and appease the gods, let's help you chart a proper way forward...and save you money and blood pressure in the long run.
But what do I know? The first forex tutorial I attended was 2006, so I know what I am saying, yet I am still learning and willing to try new things because nobody sabi am finish...come join me or come yab me, any one you choose, it's on you

FineDragon:

To buy your coins?

Binance
Kuex

MrHistorian:
Setting up bids mahn. Operation ; No mercy.

FTM. . . $0.85

AVAX. . . $65

BTC. . . $41,000

Chz. . . $0.15

Chr. . . $0.39

Ada. . . $0.88

Eth. . . $2,900

LTC. . . $110

Na to hold gun remain.

ThisisIkemefuna:


Chai.. This one enter...

Happiness09:

It is not time for buying except you are willing to take the risk, btc price might be stable for now but the crash might not be over. On 6th Dec., if btc closes above $50,000, then you can buy. If it closes below that price, expect another crash.

FTM
Mana
Sand
CHR
Matic will recover easily

I agree with you on mana and sand. Those coins are my only saving grace as I was in with 69% of my portfolio. As it stands, they have shown huge strength against the dip compared to other alts.

afroxyz:


I also do TA. my point is that all of una dey claim genius now, yet nobody hear una voice b4. Since your TA was so good and you saw the dip from mountain top, why didn't u short the coin? Make una take am easy

I know I've said it before but I'll say it again. TA is not predictive, but reactive. TA geniuses know that so no matter what you're expecting, you don't take a short position ahead. You take position when certain things happen.

MrHistorian:
Setting up bids mahn. Operation ; No mercy.

FTM. . . $0.85

AVAX. . . $65

BTC. . . $41,000

Chz. . . $0.15

Chr. . . $0.39

Ada. . . $0.88

Eth. . . $2,900

LTC. . . $110

Boss go on kucoin and divide this your bids by 2.5. set and leave.

On kucoin , this recent dip

Chr went as low as 0.278
Ftm 0.89
Matic 1.29
Sand 3.2
Link enter 5.5
Luna see $30
Chz 0.125
Ada 0.88

htdot:

But you are now using the technical analysis, which you were condemning.

No be juju be that.

46. DODO T.A
Price is compressing into that right angled triangle and as we have stated in our stages of market behaviour, after the consolidation comes the poof pooh poof ratatah....expansion, impulsive move up, FVG whatever you want to call it- breakout to the upside. Totally discounted price. Only waiting for the BTC storm to settle, then volume will likely come in. Until then, anybody entering is hodling for the consolidation period and any dips that may still come.
I do not predict dips, not even price.
It is like in school when we had some impulsive lecturers. They have 30marks to give in Continuous Assessment. Some will do one test, announce it on NTA and AIT, others will not announce, just come to class one (Fri)day (afternoon)and as they are discussing second law of thermodynamics: " this second law, reminds us of what we discussed last month, who can remind us the standard equations for heat transfer? (silence) So you guys have forgotten? okay bring out a sheet of paper, for 15 marks....." I laugh in Taiwanese if you had already traveled for the weekend or still stuck in traffic heading to class

We do not know when dips or pumps will occur, good strategy is not built around when, but that dips will occur. So we know that before graduating to next class, C.A and exam must happen, we do not know when... we just position to benefit (get a brilliant reading partner, update your notes, befriend the lecturer so you know the days he is travelling and wont make class) position to benefit from all sides of the market cos they will happen, dont hope only for pumps...plan too for dips and benefit when it comes or DO NOTHING.
Currently I am doing nothing...that's just my own case, yours may be different..in a few day's time I may decide to do something, for now I watch the reds and take it.

Off to the village from here.

9japple:

Read the truth in those paragraphs, the time to make correct decisions is not now when you had already bought wrongly. WAIT for the next market cycle to correct your mistakes. Either you do that or you suffer it again.
If you do not want to take the advice just ignore the post (afterall I did not address it to you)
It is your money, grow it as you like or blow it all away. If my portfolio is safe and I am not complaining because I took steps that I took, it's either I am lucky or I was right. keep buying low and selling high, let me keep buying my discount and selling my premium.... It's your business sir.
Do not attack me for saying the truth. Just as I do not attack you when you post things I do not support. Ignore it or get me banned from the group. Very simple

Your case is not even that bad for you to be feeling so down, some ppl are worse off than you, at least you have common sense, meaning that your potential is bright.
Instead of you to bring drink, come and appease the gods, let's help you chart a proper way forward...and save you money and blood pressure in the long run.
But what do I know? The first forex tutorial I attended was 2006, so I know what I am saying, yet I am still learning and willing to try new things because nobody sabi am finish...come join me or come yab me, any one you choose, it's on you

Reading through your posts, one can discern that you do not really trade...I guess you chart for fun. But if I may, do you make these posts so that people can follow them and invest their monies?

FineDragon:


Abeg am a newbie and I'm trying to decide the coins to buy have posted many questions, please share coins that you probably think will change one's life

Dm me @my signature... let's rub minds

Ibime:


Some questions no worth to answer.

The only cøin to buy when BTC has broken support is to DCA into BTC at the next levels of support. BTC levels of support are $45k, $40k, $35k and $30k to keep it simple

Mr.Ibime, what’s ur input on our holds of BNX?

jideprof:

No be juju be that.

Serious one

Someone posted this in trading view 13hrs ago.

Bitcoin is moving below EMA100 on bearish momentum for the first time since May.


When Bitcoin moved and closed below EMA100 in May, we had the strongest correction of the year.

Now, Bitcoin going below EMA100 can signal that something similar can show up.

We have bearish indicators.
The MACD is below zero and trending down strong.
While the RSI is at 39 trending/aiming lower.

Note: The trading volume is still low and candle closure is needed for confirmation, meaning that prices can bounce but the bearish bias is now becoming really strong.

How far low can Bitcoin go?

For the answer we go back to the three (3) scenarios we looked at before.

1) Taking out 1 support level and then bounce. That would be around $50,000.

2) A stronger drop before the bounce. That would be around $44,000.

3) Long-wick fast/sudden drop that most people won't expect. This can take us to $30,000.

What's your take?

We are now in-between 2-3, a strong drop with a long lower wick, sending prices low before a long-term recovery!

Let's see how it goes.

Thank you for reading

StrafordSTONES:




Read through your posts, one can discern that you do not really trade...I guess you chart for fun. But if I may, do you make these posts so that people can follow them and invest their monies?

I am not a trader, I am an opportunist... I keep money in stables ready for only a good opportunity.. eg I saw a post in a telegram group days back to buy beam, I did my analysis and decided it was a good call, bought it and sold next day 25% profit, smash and grab. The beam has since dipped by now
If I do not see an opportunity but interested, I simply buy at key levels and hodl. If the pattern does not play out, I simply hodl or exit at key levels....which always obey NO MATTER WHAT BTC IS DOING. I have shown it to my scholars in my sessions, too many times
So I do not trade but my money is in the market too, but risk management is what I brag about.
I do not trade because I don't have the time i feel it requires, so I only look for opportunities within the time I have, if it passes me, it passes me, I do not FOMO in unless I just want to....and you guessed correctly, it will be with small fractions that won't even pain me if it goes bad

I hope you understand now, I am not the regular guy who puts 70% of his dough in a project and waits for it to pump, it will pump yet he still will not TP...waiting for more

People should be content with making 10 to 15% of their portfolio (more than what banks give) and that is sufficient for me. I never have too much in the market that will pain me, if i have 200million in the market, i would only risk the part of that 200mill that will not hurt me, if it is only 20 naira I have, I risk only the fraction of that 20naira that will not hurt me....I do that and still make 10 -15% monthly, I can screenshot my binance profit/loss...so it is achievable without greed

9japple:

I am not a trader, I am an opportunist... I keep money in stables ready for only a good opportunity.. eg I saw a post in a telegram group days back to buy beam, I did my analysis and decided it was a good call, bought it and sold next day 25% profit, smash and grab. The beam has since dipped by now
If I do not see an opportunity but interested, I simply buy at key levels and hodl. If the pattern does not play out, I simply hodl or exit at key levels....which always obey NO MATTER WHAT BTC IS DOING. I have shown it to my scholars in my sessions, too many times
So I do not trade but my money is in the market too, but risk management is what I brag about.
I do not trade because I don't have the time i feel it requires, so I only look for opportunities within the time I have, if it passes me, it passes me, I do not FOMO in unless I just want to....and you guessed correctly, it will be with small fractions that won't even pain me if it goes bad

I hope you understand now, I am not the regular guy who puts 70% of his dough in a project and waits for it to pump, it will pump yet he still will not TP...waiting for more

People should be content with making 10 to 15% of their portfolio (more than what banks give) and that is sufficient for me. I never have too much in the market that will pain me, if i have 200million in the market, i would only risk the part of that 200mill that will not hurt me, if it is only 20 naira I have, I risk only the fraction of that 20naira that will not hurt me....I do that and still make 10 -15% monthly, I can screenshot my binance profit/loss...so it is achievable without greed

Well answered without raising dusts. I hope people who follow you understands this and follow accordingly

Sunndaywillie:



Okay

abeg boss, one last question

Do you remember how ada and matic pumped the same time even when bttc was red Totally?

Is there any way someone can know if a coin will defy bttc?

Do yourself a favour as a newbie, leave charts and analysis alone for now. Wait for btc to get down to 30k or close, then start buying.

2ubaba:
This deep was meant to be a healthy one for guys to fill up bags once more before the parabolic run, but guess what?? paper hands started shaking and sold off. Abeg make una go rest. play golf, watch match, fuuuc your babe, visit orphanages, just anything you want to do, but do make sure to stay aware from your APP at least for now.

WTF re u saying this dip look healthy to u

If this virus get more serious meh BTC will bleed more

StrafordSTONES:




Well answered without raising dusts. I hope people who follow you understands this and follow accordingly

Thank you sir, there are many ppl like me, who don't need to trade but can still make money from the market without heartaches and fears of pumps and dips.
I also appreciate your posts here

nonut:

Do yourself a favour as a newbie, leave charts and analysis alone for now. Wait for btc to get down to 30k or close, then start buying.

Make I go uninstall

9japple:

Read the truth in those paragraphs, the time to make correct decisions is not now when you had already bought wrongly. WAIT for the next market cycle to correct your mistakes. Either you do that or you suffer it again.
If you do not want to take the advice just ignore the post (afterall I did not address it to you)
It is your money, grow it as you like or blow it all away. If my portfolio is safe and I am not complaining because I took steps that I took, it's either I am lucky or I was right. keep buying low and selling high, let me keep buying my discount and selling my premium.... It's your business sir.
Do not attack me for saying the truth. Just as I do not attack you when you post things I do not support. Ignore it or get me banned from the group. Very simple

Your case is not even that bad for you to be feeling so down, some ppl are worse off than you, at least you have common sense, meaning that your potential is bright.
Instead of you to bring drink, come and appease the gods, let's help you chart a proper way forward...and save you money and blood pressure in the long run.
But what do I know? The first forex tutorial I attended was 2006, so I know what I am saying, yet I am still learning and willing to try new things because nobody sabi am finish...come join me or come yab me, any one you choose, it's on you

Bruhahahahaha

9japple:

Read the truth in those paragraphs, the time to make correct decisions is not now when you had already bought wrongly. WAIT for the next market cycle to correct your mistakes. Either you do that or you suffer it again.
If you do not want to take the advice just ignore the post (afterall I did not address it to you)
It is your money, grow it as you like or blow it all away. If my portfolio is safe and I am not complaining because I took steps that I took, it's either I am lucky or I was right. keep buying low and selling high, let me keep buying my discount and selling my premium.... It's your business sir.
Do not attack me for saying the truth. Just as I do not attack you when you post things I do not support. Ignore it or get me banned from the group. Very simple

Your case is not even that bad for you to be feeling so down, some ppl are worse off than you, at least you have common sense, meaning that your potential is bright.
Instead of you to bring drink, come and appease the gods, let's help you chart a proper way forward...and save you money and blood pressure in the long run.
But what do I know? The first forex tutorial I attended was 2006, so I know what I am saying, yet I am still learning and willing to try new things because nobody sabi am finish...come join me or come yab me, any one you choose, it's on you

Boss drop contact let me join you

Rubby1:




Mr.Ibime, what’s ur input on our holds of BNX?

You and who dey hold BNX?

I cut BNX at $200 bro

Sentiment in the market...

FineDragon:

Boss drop contact let me join you

carriers.consulting@gmail.com

but it will be next batch cos the current batch is full

Really I'm weak............I for just cut my losses
Bear season com beta pass bull season

the same people saying if btc cross ATH we going to the moon till next year now Dem cappin shit btc 32,35 feeling like Dem knew wat will happen.......ur just playing urself

Happiness09 u didn't see anything in the chart ND ur prediction was just a dream come true.....I hope ur out of the market b4 the dump Sha.

Someone moniker start with S cut his losses early ND people where calling him paper hand guy ND he day trade sand ND get the money back........now paper hand guy is out of the market u'll get dump badly

Me, I was laughing SLP bags holders.....now I'm a bag holder who bought @630 thinking i bought the dip

My only coins I have in the dip is FTM ND SLP

Life is beautiful nd funny sometimes, u know

See u guys on the 10th


Anyway we move....... Netflix 24/7 now, can't kill myself