Some coins are dead and buried
Sometimes it's better to cut your losses

Is tron now a stable coin? Lol

seanwilliam:

Go through that ilegendd’s thread before he deletes it, u go understand am a-z.
Me don copy am to note pad

My copy and paste is always cutting it to half. Please help

haleymoon:


Not yet, they said they are on the final stage, I haven’t heard from them

Bro have you gotten any feedbacks

Smithwilliams826:
I dey go DEX I no use CEX again.

If they can as well lift all restrictions on crypto transactions, this is not too hefty a price to pay.

iLegendd:
So obvious. This means you truly read the post. I'm planning to take it down soon and turn it to a book so that people will appreciate it because humans only pay attention when they pay.

To those who haven't read it, the link to read it before it goes down is below. I'm only trying to save you guys and nothing more. https://www.nairaland.com/8139680/tokenomics-token-unlock-after-reading

I came across a post of someone on this thread who bought W, the coin below, with $40,000.

If he had mastered this, he would've known better the game that is going on. Such a coin should only be touched in altseason.

I'm not attacking him, but begging him to be among the first to click that link above and read that post FAST and he'll be glad he did.

@Skylane, is this image below a good tokenomics?

Please don't take it down. I beg you

iLegendd:
So obvious. This means you truly read the post. I'm planning to take it down soon and turn it to a book so that people will appreciate it because humans only pay attention when they pay...

Great writeup there sir @ illegend.

It's really rich article, who knows how many people this will help eventually.

Once again, great job sir.

XaToXi:


If they can as well lift all restrictions on crypto transactions, this is not too hefty a price to pay.

yeah, for long-term traders. Not for daily traders.

XaToXi:


If they can as well lift all restrictions on crypto transactions, this is not too hefty a price to pay.

True & I think this is what they should have done from the beginning instead of the way they handled the binance issue.

Smithwilliams826:
yeah, for long-term traders. Not for daily traders.

It doesn't matter.

You are paying 7.5% of the 1% you have been paying to kucoin before. The difference is minimal.

What if all exchanges decide to increase transaction fees to 2%, will we stop trading?

Eth gas fees sef pass this 1.075%

Believe me, it's a small price to pay if we can start funding binance directly from our bank accounts again like the good old days.

Anyone else received this mail from KuCoin?

Nigerian government is hell bent to destroy every livelihood of the average youth

iLegendd:
HERE IS INFLATIONARY COIN WITH BAD TOKENOMICS IN ACTION

Let's assume a coin called $Legend is at:

Current price of $5
Max sup of 1B
Total sup of 1B
Circ. sup of 250M

This means Mr. Total Sup took 1B from Max Sup, his father, but only gave 250M to his son, Cir. Sup and kept 750M in his vault for vesting purposes and they'll be released in scheduled time to insiders and early investors.

With the above,
MCap will be current price x cir. supply 5 x 250,000,000 = 1.25B
FDV will be current price x max supply
5 x 1,000,000,000 = 5B

From this tokenomics, you can easily see the red flag started when circulating supply only got 250M instead of 1B from his dad, Total supply. At least, he should've given him 950M make we know say na 50M remain.

Also, from the tokenomics, FDV is way bigger than MCap and that is bad. They're supposed to be the same or at least, almost the same. The difference is too big.

Imagine Benzema and Ronaldo went for a robbery and stole 6.25B, but Ronaldo said he'll take 5B because he has 5 Ballon d'Or. Is that a good and exemplary leader? No. This is when equality or "almost" is needed the most. Feminists, are you with me? Is what Ronaldo did good?

When the remaining 750M is released to circulate, there should be lots of buyers on ground to buy them, else the $5 current price will slump to $3 or lower.

When supply exceeds demand, price crashes and vice versa. This will make the MCap to bloat or stay stagnant with a tiny difference even though the price has gone WAY down.

The current MCap is now 3 x 1,000,000,000 = 3B.

You see, the MCap jumped from 1.25B to a bloated 3B, yet price went down. Price is supposed to go up when MCap goes up, but in this case, it went down and that is a terrible tokenomics.

People that bought the coin when it was at $5 with 1.25B MCap are currently at more than 30% loss. Is that good? No.

Why? Inflation. So, avoid inflationary coins or trade them with care and only if the project team will burn some tokens regularly to make it somewhat deflationary and there should be a diehard community, like meme coin fanbase, to buy when the price goes down to avoid 98% or 100% collapse.

Now that the market cap has been inflated and the price is down, it will take LOTS of money and volume to pump it back up to $5. Oya, those people screaming "money na water" it's time to show working.

So, be watchful of a coin that has a big number discrepancy between total supply and circulating supply. And also that of MCap and FDV.

Don't forget, burnt tokens don't move from grandpa Elon Max supply to Mr. Total, they get killed and buried at Max's compound forever and this helps create scarcity of the coin to make it more desirable.

Scarcity of an item creates eagerness to have the item by the public. This is why BTC is treated as digital gold. It appreciate in value over time because of a burn mechanism called halving. 

Sometimes, harsh conditions or policies make it lose value temporarily, but it will surely bounce back in few months or years. This is why they call him the GOAT, he always turn up when everyone (coin) is crying (bleeding).

So, buy coins that have at least 90% BTC attributes. Meme coins mostly have the best tokenomics and community — just that they don't have a good utility value. If not, I would've focused only on memecoins.

In the end, 98% of these coins that claim to have great utility, but terrible tokenomics, will crash and burn while Doge coin lives on.

Just know that 98-99% of all the coins are scams no matter how they sugarcoat it. With this info, you're now equipped to dig out the 1-2% that have a high chances of surviving or at least, generating you money before they die.

Don't forget, take profit and buy better food — it's all about the money and no one lives forever, only BTC and gold will. And yes, put your emotion in check and development a trading strategy and a risk management strategy too.

Typing...

Here is a post from ilegend on his thread..if after reading this particular post , you still fall for the wrong coins..then you should be blamed.. the article above and some other articles on his thread simply gave out info that some people will charge huge money for..

GRACEGLORY:




I believe the downturn is over, and if not, #BTC may touch $59K once more, which is extremely unlikely. IMO we will see a new ATH shortly, possibly following a good #PCE report come this Friday.

Not taken by surprise. I look forward to a reversal shortly

Siberia01:


Some coins are dead and buried
Sometimes it's better to cut your losses

Don't draw such conclusions bro, until you see their data or metrics based on on-chain activities. Some of those deads will take the space by surprise

iLegendd:
So obvious. This means you truly read the post. I'm planning to take it down soon and turn it to a book so that people will appreciate it because humans only pay attention when they pay.

To those who haven't read it, the link to read it before it goes down is below. I'm only trying to save you guys and nothing more. https://www.nairaland.com/8139680/tokenomics-token-unlock-after-reading

I came across a post of someone on this thread who bought W, the coin below, with $40,000.

If he had mastered this, he would've known better the game that is going on. Such a coin should only be touched in altseason.

I'm not attacking him, but begging him to be among the first to click that link above and read that post FAST and he'll be glad he did.

@Skylane, is this image below a good tokenomics?

please am finding it hard to upload pics but check *coffee and Chinese peipei check those are grade one investment what do you think

We may go to 57k soon check the 1D time frame

GRACEGLORY:


Not taken by surprise. I look forward to a reversal shortly

XaToXi:


It doesn't matter.

You are paying 7.5% of the 1% you have been paying to kucoin before. The difference is minimal.

What if all exchanges decide to increase transaction fees to 2%, will we stop trading?

Eth gas fees sef pass this 1.075%

Believe me, it's a small price to pay if we can start funding binance directly from our bank accounts again like the good old days.

Thanks

skylane:
please am finding it hard to upload pics but check *coffee and Chinese peipei check those are grade one investment what do you think

Reduce the size of the picture. Anything from 3MB and above size is always difficult to upload.

I don't really like thinking for others if a coin is good or not, but I'll teach them how to check if it's worth it.

When it comes to memes, 90% always have good tokenomics. The 4 issues are

1. Does it have enough volume (momentum)? If the volume is below 10 million, it's a sign of low adoption, but it could grow later.

2. Does it have a diehard loyal community/fanbase with big influencers promoting it? If none, red flag.

3. Are whales holding less of the percentage or more? If it's more, it's a red flag. They'll dump on people at any small pump.

4. Market cap not in billions yet (especially for new coins). It should be preferably below 100M or max, 300M.

From the two coins you mentioned, the tokenomics are cool, but Coffee has only 1.9m (bad, but may turn good) 24hr volume while Peipei has 100+m volume (good).

Smithwilliams826:
I dey go DEX I no use CEX again.

I just saw this.

Lol. Naija for life yet p2p isn't open yet. How the Bleep to they expect us to trade. Maybe they'll release it on the 8th.

What Is Series B Funding?

A Series B funding round is the second round of funding a business. It follows a Series A and precedes a Series C funding round. The money raised in a Series B funding round comes mostly from venture capitalists and private equity investors. It follows the achievement of major milestones.

How Does Series B Funding Work?

A Series B company tends to have a valuation between $30 million and $60 million and has an established business to back up its capital needs. The funding often includes investors from previous round, like Series A. The round is led by a key investor banging the proverbial drum for the company to draw in other investors. However, in contrast to a Series A, a Series B also attracts new venture capitalists that specialize in funding later-stage companies.

What’s the Difference Between Series A and Series B Funding?

A Series A company develops a unique product or service. Its product-market fit has been validated, and the company is in its growth stage and focuses on marketing and advertising. Investors in a Series A look for a startup with a strategic growth plan. These are typically early-stage venture capital or private equity firms helping the company to acquire inventory and staff.

On the other hand, a Series B company already has a significant user base and focuses on growing its business through additional capital, sales, business development and customer service. Consequently, Series B investors is focused on helping the company to scale its established business.

Series B investors pay a higher share price for the equity they acquire since the later stage the company is at translates into a lower risk of ruin. If a company raises a Series B through equity, investors may prefer convertible preferred stock over common stock in order to prevent the dilution of their shares.

Alternatively, a Series B can be raised through fundraising from private equity investors, venture capitalists or credit investments. A company can also turn to crowdfunding from the general public.

Why Is It Difficult to Get Series B Funding?

The company's business life cycle can be a challenging aspect of this funding round. Investors will check how previous assumptions have held up to real-world scrutiny and assess investment viability accordingly. They may also ask for sources of revenue or a revenue plan that indicates the company is generating or planning to generate profits.

IyaTola:
What Is Series B Funding?

A Series B funding round is the second round of funding a business. It follows a Series A and precedes a Series C funding round. The money raised in a Series B funding round comes mostly from venture capitalists and private equity investors. It follows the achievement of major milestones.

How Does Series B Funding Work?

A Series B company tends to have a valuation between $30 million and $60 million and has an established business to back up its capital needs. The funding often includes investors from previous round, like Series A. The round is led by a key investor banging the proverbial drum for the company to draw in other investors. However, in contrast to a Series A, a Series B also attracts new venture capitalists that specialize in funding later-stage companies.

What’s the Difference Between Series A and Series B Funding?

A Series A company develops a unique product or service. Its product-market fit has been validated, and the company is in its growth stage and focuses on marketing and advertising. Investors in a Series A look for a startup with a strategic growth plan. These are typically early-stage venture capital or private equity firms helping the company to acquire inventory and staff.

On the other hand, a Series B company already has a significant user base and focuses on growing its business through additional capital, sales, business development and customer service. Consequently, Series B investors is focused on helping the company to scale its established business.

Series B investors pay a higher share price for the equity they acquire since the later stage the company is at translates into a lower risk of ruin. If a company raises a Series B through equity, investors may prefer convertible preferred stock over common stock in order to prevent the dilution of their shares.

Alternatively, a Series B can be raised through fundraising from private equity investors, venture capitalists or credit investments. A company can also turn to crowdfunding from the general public.

Why Is It Difficult to Get Series B Funding?

The company's business life cycle can be a challenging aspect of this funding round. Investors will check how previous assumptions have held up to real-world scrutiny and assess investment viability accordingly. They may also ask for sources of revenue or a revenue plan that indicates the company is generating or planning to generate profits.

Great insight

Won tin ngbemi bo

XaToXi:


If they can as well lift all restrictions on crypto transactions, this is not too hefty a price to pay.

For Exchanges like Kucoin that would be collecting VAT on behalf of Nigerian Government, trading there will be without sanctions or fear of your bank account being frozen.
However this is just a medicine after death move(coverup) by the Tinubu administration after many backlash; because it wasn't like Binance was asked to remit VAT and they refused.

First time withdrawing from bybit using trx, I was really surprised seeing 10trx as the fee when binance is just 1trx

DieRich5:
First time withdrawing from bybit using trx, I was really surprised seeing 10trx as the fee when binance is just 1trx

Why is everything about bybit always negative? I have use different exchanges to withdraw tron & fee is always around 1 trx.

I'm starting to really believe what Ilegendd said the other day. The market crashes more than it pumps, even in a bull market. Be like na to go dy learn more on how to short now o because most coins will eventually crash but only few of them will ever pump.

Superpack589:
I'm starting to really believe what Ilegendd said the other day. The market crashes more than it pumps, even in a bull market. Be like na to go dy learn more on how to short now o because most coins will eventually crash but only few of them will ever pump.

[color=#006600][/color]

I noticed that if btc pumps, majority of the coins take their time to pump.
But if btc is going red, they all fall drastically.

9japride:
[color=#006600][/color]

I noticed that if btc pumps, majority of the coins take their time to pump.
But if btc is going red, they all fall drastically.

That's because it's been programmed to do likewise (I meant altcoins).

Question: How fast can you sell a coin when you see BTC fall in price?

Can you do it manually or a programmed bot or script will be do it for you.

Who are those selling the most on altcoins when BTC price falls? Project creators or normal investors?

Final question: Why is it that despite BTC price falling badly sometimes, some few tokens' price just remain constant or don't give a shit...?


Discuss everyone...

jayce232:

Why is everything about bybit always negative? I have use different exchanges to withdraw tron & fee is always around 1 trx.

Very useless Ex

twosquare:


That's because it's been programmed to do likewise (I meant altcoins).

Question: How fast can you sell a coin when you see BTC fall in price?

Can you do it manually or a programmed bot or script will be do it for you.

Who are those selling the most on altcoins when BTC price falls? Project creators or normal investors?

Final question: Why is it that despite BTC price falling badly sometimes, some few tokens' price just remain constant or don't give a shit...?


Discuss everyone...

[color=#006600][/color]

I believe so. It's might be all AI programming. You raising some good points.

GRACEGLORY:




I believe the downturn is over, and if not, #BTC may touch $59K once more, which is extremely unlikely. IMO we will see a new ATH shortly, possibly following a good #PCE report come this Friday.

Perhaps, another touch of the $59.5K area before full reversal.