What people don't understand is, this 5 GREEN day happens 5-10 times in every bullrun and each occurrence has 3 phases.

1. Phase 1, the main crash with long red candle down that takes 30%-70% of alts profit when this happens, BTC loses 5-15% in a day.

2. Phase 2, this either happens an hour or two later or the next day. (Just like this one we're experiencing, it happened the next day, being yesterday)

3. Phase 3, hmmm, this one is always a surprise to liquidate those who longed the first day of 5 greens before an instant jump in price and it never looks back for some months.

Sometimes, this phase 3 never come, it stops at phase 2 and consolidates there before a leg up.

Tflex01:


Lol it really doesn't work that way.

5 to 6 projects with good knowledge of the coins is better.

You would have been bold enough to explain how it works.
"5 to 6 with "good knowledge " doesn't mean Jack
Put that "good knowledge" forth here let's see it's content to start with 😂 Talk is cheap

Hadizometer:

Even a blind man can see it miles away; the economic indices are clear and bold enough

I don't agreed with you. There are things that Mr. President needs to put in place, if not Naira will be on free fall when they stop releasing Dollar

Azaland:

I suggest prelaunch solid projects like the AZA Gens.
Good luck.

Where's the contract address for this Aza let me check it out

I told you guys money has a spirit and it's impulsive in nature. If you're not organized, no matter how strong you are, you'll be pushed to use it impulsively and in most cases, you'll regret.

This guy below lost his $1.1m because of that spirit.

All his money are only on Binance. What happens to $100k each in 5 different exchanges and the remainder in private wallets? No, he kept everything on Binance and used it all to do futures trade.

Why? Money has a spirit and if you're not organized, be ready to lose it. Even organized people do fall victim once in a while, so what do you expect from unorganized people with all their eggs in one basket?

Tflex01:


Lol it really doesn't work that way.

5 to 6 projects with good knowledge of the coins is better.

If you're organized, what he's doing is good. He just needs to divide his trading into two. One is the solid project approach, which you're doing while the other is the adventurous approach, which is what he's doing.

If you have the money, do both except you're busy. His approach, I do it for fun, and it ends up bringing more profit in short term than the solid project approach. Also, when his approach crashes, he'll bleed more and this is why it's good to always buy after 5 green day.

It's either you do one of them or both of them.

iLegendd:


Most sensible exchanges have more than 1 servers and multiple backups. If all servers and backups fail, the site or app will go down until they're fixed. Those in futures might have been liquidated or in excess profit at that time.

If your money is spread across multiple exchanges, nothing to fear, but if it's in one exchange alone, then private wallet with 12 seed phrase is the way to go.

I see the war as an opportunity for the market to crash even further so that those waiting for money to buy more will catch up.

War isn't good, but manipulators and billionaires do sponsor it so that everything will either crash or go up and they'll jump in to take advantage of it.

99% of exchanges don't have their servers in a countries prone to war. It's always those countries or Island that hate war and are mostly peaceful.

Thanks a lot for this sir. Very much appreciated.

Na only me dy wait and hope mk BTC fall to 50k area?
At least for peace of mind


Some Altcoin are doing well

Superpack589:
Please this is very important.

What will happen to exchanges like Bybit in the event of a full blown World War? Hope them no go loss their data (including my wallet) when them bomb their headquarters o.

GLACEGLORY , iLegendd and other bosses in the house.

Data loss is almost impossible... Data storage these days is decentralised. If BYBIT is using AWS for instance their servers are in more than nine regions. A region has multiple locations. Besides their physical servers, they have their ever expanding Cloud infrastructure (EC2) which is another tech.
Now where your backup data is stored is entirely remote from your live data storage location.
So you see permanent data loss is entirely impossible except a big platform like BYBIT or Binance decides to compromise itself.

Make use this one hold body

afam4life:


I don't agreed with you. There are things that Mr. President needs to put in place, if not Naira will be on free fall when they stop releasing Dollar

Dollar going on free fall is base on what parameters?
Didn't you hear that over $5billion dollar that was requested was rejected becos they could not verify the claims?

Lemme tell you one thing, dollar free flow in Nigeria is base on hear say, greed and speculations not on demand nor any economic factors

GRACEGLORY:




Not If Bitcoin stays above $65,

Important Levels:
$63.K is the Near Support. A decrease below results in $60K-$59K

$67K is resistance.

A breach over $72K indicates the start of a new ATH.



I’m more optimistic for the upside.

MrNovo:

You would have been bold enough to explain how it works.
"5 to 6 with "good knowledge " doesn't mean Jack
Put that "good knowledge" forth here let's see it's content to start with 😂 Talk is cheap

You are being unnecessarily aggressive over nothing though.

iLegendd:


If you're organized, what he's doing is good. He just needs to divide his trading into two. One is the solid project approach, which you're doing while the other is the adventurous approach, which is what he's doing.

If you have the money, do both except you're busy. His approach, I do it for fun, and it ends up bringing more profit that the solid project approach. Also, when his approach crashes, he'll bleed more and this is why it's good to always buy after 5 green day.

It's either you do one of them or both of them.

Thanks boss.

BITCOIN HALVING AND THE IRAN - ISRAEL WAR, IMPACT ON CRYPTO MARKET

A major consequence of war besides loss of life is the increase in energy cost due to a higher demand for fossil fuel driving war machines.
We also know the proof of work mining algo of bitcoin uses up so much energy, reason the upcoming halving will impact negatively on Miners whose first reaction will be to stop mining, since it would require twice the time and energy cost to achieve a block compared to before halving. Stop-mining season will continue till Price adjust upwards to compensate the additional effort and/or new technology provides more efficient mining rigs
Juxtapose the on-going war and bitcoin-halving in couple of days, where would energy cost be? This goes further to justify a country like Paraguay wanting to ban bitcoin rigs because of heavy energy consumption. It definitely means the dip will be dipper than we saw at other halving seasons without a war and likewise the rebound price hike will be higher. These are obvious, the big question is what's a likely estimate for the time interval between the dip and rebound ( stable price return). Crucial for investment decisions.
I can't answer the question neither can any Investment expert answer. But if we can find answers to the fundamental aggravating factors, which I earlier mentioned, then we can correctly estimate the time interval. Of course the time interval isn't represented by a straight line graph. Like always there would be peaks and troughs in-between defined by institutional holders who come in from time to time to take profit and then the market retraces after such injection of supply.
FINAL TAKE: Recent dip is the result of institutional holders mopping up supply due to what I have established above. Up till halving more dip expected. After halving swings will almost immediately start and 5x, 10x take profit will be feasible. However the drama should be 6 months down and the war still continues and the institutional/ large bag holders already thinning out... If the war persist!!
Millionaires will be made ...BUT be mindful, lots of Crypto scams and above all else delete anything futures or derivatives
To God be the glory

Tflex01:


You are being unnecessarily aggressive over nothing though.

LOL
Interesting

Moloso:


You see where am having issue with all this futures traders.

Why won't you be liquidated why chosing cross margin? And not isolated.

Seems some of you here are just trading futures without proper knowledge of how it works....
Cross is the reason some people are having -100% and above because the remaining funds will the servicing the trade.

You don't need stoploss when using cross, it for people with capacity. Who send me to talk self

I gbadun your take on this. So many crypto traders does not know the importance of using cross margin. It is safe if you have up to $200 to $500 trading capital. I always use cross margin and it is perfect for my style of trading. No liquidation price no stop loss. I will only loose money if I sell at loss or if the coin I am trading goes to zero which is impossible so therefore, I only trade BTC and Chromia.

The crypto volatility is high bro, dependingon your portfolio and the capital involved. I believe diversifying my portfolio is reasonable at this time.
NOTE: THE ABOVE COINS AINT RUGGED PULLED KINDA COINS

Omobola121:
Hi, sorry may I ask? Don't feel offended.

What is the essence of having over 20 alt with a trading value of $30 on each?

I mean focusing on two or three great coins is wonderful with good $ which automatically means great profit and you will also be able to DCA incase of dip.

Just wondering mmm mmm

We have over a 1000 solid project..if u ain't broke, why not invest on them all..Or u think we only have 3 solid project? Depends on your capital, the decision to diversifying is self explanatory. Even outside crypto, the laws applies

Jerry59:
Lol it’s what people don’t know. They think it’s by having over 10+ coins and tokens 😂

The max coin I do is 3 “solid projects” and DCA at everybody 10+% drop.

If you have the capital then acquire away but the lesser the better.

Loving this dip so far need to accumulate at discount rates 😝

Superpack589:
Please this is very important.

What will happen to exchanges like Bybit in the event of a full blown World War? Hope them no go loss their data (including my wallet) when them bomb their headquarters o.

GLACEGLORY , iLegendd and other bosses in the house.

Exchanges usually have their own wallets on hand to hold user-owned cryptocurrency.

Exchanges keep hundreds of addresses and thousands of currencies in their own wallets. An exchange will provide you with an address from their wallet when you deposit Bitcoin, and you will be transmitting to that wallet. They now own the Bitcoin. They transfer Bitcoin to the address you supply from their wallet when you withdraw from the exchange. This is how it works, those currencies moves from exchange owned wallets directly, to-fro.


So, they have a secured wallets with Database management system that war can’t reach.

DieRich5:
Na only me dy wait and hope mk BTC fall to 50k area?
At least for peace of mind


Some Altcoin are doing well

next week will determine things... If bitcoin reach 50k all altcoin will breakdown.

The market is ready sending warning. Bitcoin grows because altcoin can be swapped for it

If most altcoins are down it is a warning... But we wait for next week.

If bitcoin goes below 50k then it is bearish because 50 is the support

Shmu:
All hope aint lost for those who diversify their portfolio's..Never put all ya eggs in a single basket..I currently have over 20 legit strong Alt tokens with a min of 30$ invested on each. they all bleeding now ( my condolences) However, A single token will rise in future and deliver me..That time is near, explore when investing..This blood is real, Abi na prank

how dobubguys even trust that thing and invest in it

Lamentations here and there...should only be for futures traders and day traders. If you invested in good coins... Relax.

But my question is, what was your target before in this bull market, short term trade or long term hold?

And you wan ride lambo?

Not your keys, not your coins.

In a World War scenario, coins of decentralized exchanges will do better.


When Iranian missiles hit Bybit headquarters....

Na Dubai e dey...

Crypto should go up in WWW 3 because folks and war merchants gotta move money around fast.

Superpack589:
Please this is very important.

What will happen to exchanges like Bybit in the event of a full blown World War? Hope them no go loss their data (including my wallet) when them bomb their headquarters o.

GLACEGLORY , iLegendd and other bosses in the house.

twosquare:
Not your keys, not your coins.

In a World War scenario, coins of decentralized exchanges will do better.


When Iranian missiles hit Bybit headquarters....

Na Dubai e dey...

Crypto should go up in WWW 3 because folks and war merchants gotta move money around fast.

This sounds realistic

For the keep...

Shmu:
We have over a 1000 solid project..if u ain't broke, why not invest on them all..Or u think we only have 3 solid project? Depends on your capital, the decision to diversifying is self explanatory. Even outside crypto, the laws applies

if you notice, the solid projects was in quotes.

Every team always come with something to offer.

The main question is will you be able to DCA on all that 30 coins you’re accumulating or start doubting if some will rise again ?

When you have lesser coin whether utility or meme you’ll have the courage and the “we die here” vibe to keep accumulating at discount so that once it moons 50% upwards you’re already in profit compared to those that buy and “forget it” to return next year hoping to see tangible profits.

Some people have yet to recover from their 2021 entries because they failed to DCA due to the number of tokens they have and are confused which to keep accumulating or let go

MrNovo:

Data loss is almost impossible... Data storage these days is decentralised. If BYBIT is using AWS for instance their servers are in more than nine regions. A region has multiple locations. Besides their physical servers, they have their ever expanding Cloud infrastructure (EC2) which is another tech.
Now where your backup data is stored is entirely remote from your live data storage location.
So you see permanent data loss is entirely impossible except a big platform like BYBIT or Binance decides to compromise itself.

Thanks for your input boss.

GRACEGLORY:




Important Levels:
$63.K is the Near Support. A decrease below results in $60K-$59K

$67K is resistance.

A breach over $72K indicates the start of a new ATH.



I’m more optimistic for the upside.

Comrade, Dietrich Bonhoeffer, once said, “The essential quality of optimism is that it disregards the present and instead serves as a source of inspiration, vigor, and hope in places where others have given up; it empowers a person to stand up, seize the future, and resist giving it up to their adversary.”

I have learnt this, the hard way that giving up is never a wise course of action rather, it spells doom, giving up makes you weak and defeat you so you won’t win the course. You may rebuild your trust in God and yourself by staying active and adopting an optimistic outlook on life, though, as it is the best to do…

What is optimism?
The insane insistence that everything is OK even while we are suffering is known as optimism. Not that the pain isn’t for real, or that the pain enjoyable, but the pain is the price for the prize. No pain, no gain, no gut, no glory.

If you can’t afford the dip, and trapped above… be patient.

Julius Caesar, once said, “It is easier to find men who will volunteer to die, than to find those who are willing to endure pain with patience.”

You must understand that everyone with patience may obtain everything they desire.

Be patient. Everything is tough before it gets easy. The tunnel is already open, so we're there. The sky isn't big enough for you to succeed, as you can see.



But in the end, You would mentally return to this statement, grinning, laughing, shaking your head, jumping, and giving me an imagined embrace.











ALT Season will come, I’m optimistic, I’m a believer 🙌🏽🙌🏽🙌🏽

GRACEGLORY:




Exchanges usually have their own wallets on hand to hold user-owned cryptocurrency.

Exchanges keep hundreds of addresses and thousands of currencies in their own wallets. An exchange will provide you with an address from their wallet when you deposit Bitcoin, and you will be transmitting to that wallet. They now own the Bitcoin. They transfer Bitcoin to the address you supply from their wallet when you withdraw from the exchange. This is how it works, those currencies moves from exchange owned wallets directly, to-fro.


So, they have a secured wallets with Database management system that war can’t reach.

Understood. Thanks for your response.

I like the optimism here in the face of the likely start of a full blown world war. Na to hustle money buy these dips. If the worst happens, all of us go cry together and that alone gives me assurance. If I blow, then that trip to Australia sure for me.

Those that invested 2021 and still bleeding till now was as a result of not diversifying..If you are into crypto for years, you will understand my post.

3 months ago I accumulated 30 gems that hit me 2x on March. I took 70% profits on each, re-invest on other promising project. MY METHOD WORKS FOR ME, CRYPTO IS VAST THAT, THERES ALOT YOU DNT SEEM TO NOTICE.
WHATEVER YOU DO, BE WISE AND DO THOROUGH RESEARCH, Before investing. I can't keep investing in dips with a coin that might go bearish. I have my reasons, I guess you have yours sticking to 1-3 tokens..Goodluck

Jerry59:
if you notice, the solid projects was in quotes.

Every team always come with something to offer.

The main question is will you be able to DCA on all that 30 coins you’re accumulating or start doubting if some will rise again ?

When you have lesser coin whether utility or meme you’ll have the courage and the “we die here” vibe to keep accumulating at discount so that once it moons 50% upwards you’re already in profit compared to those that buy and “forget it” to return next year hoping to see tangible profits.

Some people have yet to recover from their 2021 entries because they failed to DCA due to the number of tokens they have and are confused which to keep accumulating or let go

SOMEONE SAYS, INVEST IN 3 TOKENS BTC,XMR,ETH
AND HAVE PEACE..
OGA, YOU GON REMAIN POOR, CUZ THIS TOKENS CANT MAKE YOU 10×, EXCEPT YOU ARE PATIENT ENOUGH TO WAIT FOR YEARS..WHO DOES THAT