SINisSIN:
Shock of the market fit send them back to sleep o 😂😂

U. S was built by risk takers, plus they have millions of desperate immigrants

twosquare:
Possibly buy to bull-trap and liquidate late shorts, then dump massively.

Likely, but less. But it's still cloudy

GRACEGLORY:



Leave it, don't sell

Is this really the best advice for Nigerians?

Personally if you are in profit it's best to sell and book profit. The risk of hodling is that most experienced traders will have sold and use the money to go flex why you are left holding their bags and praying for recovery.

But sha, if you know how to trade you'll still be in money

LandMann:


Is this really the best advice for Nigerians?

Personally if you are in profit it's best to sell and book profit. The risk of hodling is that most experienced traders will have sold and use the money to go flex why you are left holding their bags and praying for recovery.

But sha, if you know how to trade you'll still be in money

#BTC was @50K when he sought advise. Now @53K.

Everyone can decide what to do from here....

iLegendd:
Since everyone that has been hiding is out, we that have been out talking cho cho cho everyday, don't you guys think it's our turn to hide and allow them carry us till December — at least, they brought in fresh ideas.

I agree.

santos123:

This wahala is deep.

Geekels:
My only pain right now is not having cash to buy
Honestly to make money for crypto eeh, never run out of cash

I don't care about the my bag, I already prepared my mind for this

the game is so so rigged that 90% of time, you would have invested all you have before the big crash …

Ultimately, btc would solidify its most important feature as a store of value. As property, not as security. Or at worst, as a proper investment - not as a day trade.

All these 'longing' and 'shorting' speculators would then have to take their nonsense elsewhere. With time, both institutional and retail investors would be more interested in buying and holding as a store of value to hedge against inflation. It could take 3 years, 5 years, or even 10, but this is inevitable.

All these yeye speculators and paper handed newbies are the ones causing the volatility of btc because they are always reacting to everything, but that is a good thing for those who want to accumulate this asset for as cheap as possible, now that it is possible.

REFLECTION JOURNAL

No matter how lazy you think you are, your future matters, so take it seriously.

Take a pen and a paper or Google's Keep My Note app and write a story, for yourself, on how BTC behaved from the 1st of August to 5th of August. That could even be the title or something like: The Unforgettable Painful July 29th to August 5th, 2024 BTC Crash from 70k to 48k in 8 Days.

Make the title descriptive so that it will convey your pains and details of the event.

This story will save you in the future. GUARANTEED! I have a lot of it in every disastrous or happy crash.

THIS IS A STORY THAT'LL CHANGE YOUR STORY FOREVER

In this your journal, talk about how a certain iLegénd said, "Based on previous history, BTC bottoms 1-2 months after halving and it won't go lower than that again until it reaches new ATH the following year."

Talk about how that history was broken. Talk about how BTC made a new ATH before halving. In summary, remind yourself that anything can happen, even to Satoshi himself and history can be rewritten.

Also, in the story, remind yourself of the danger of FOMO and how it ruined lives and by now, 1 or 2 persons globally must've committed suicide because they couldn't bear the pains of losing their last hope.

Talk about the pains and sadness or joy you felt (based on the direction of the market you're in). Be graphic, emphatic and descriptive.

Remind yourself that black swan event is an orchestrated event for the rich to steal from the poor.

In the story, talk about how all alts, including ETH are shitcoins. Also, talk about how at least, once or twice in 6 months, BTC behaves like a shitcoin and can lose 30 - 50% of its current value (from 73k to 33k) in a 2-8 day blood bath).

Please don't let the memory of this crash go to waste. Most people don't write because they feel their brain is a computer and will recall everything vividly. Please, don't be like them.

When you reread this story in the future, you'll know that no matter how strong the tokenomics of a coin is, no matter how many times it pumps and looks like it will never come down, one day, in an interval of 6 months to 1 year, it can always crash when BTC loses 30-50% in 8 days or less.

Even when it crashes, still know that it can crash further, so have backups for the extra bleeding days to avoid depression.

And yes, have a backup that you'll never use until there is war or full-blown recession or the day the person you trust the most in the crypto space says, "I'm tired of this industry."

Don't forget, keep money for the day two parties or gurus fight and brag about who got it right. That day is a crucial buying or selling day, depending on the direction.

The moment you notice two gurus are exchanging words or their fans are fighting because the market favoured their boss, it's a crucial day, so take action and take advantage of this indicator.

Also, don't forget to write the names of the coins you were holding at the time, the prices you bought, the prices they dumped to, the total amount initially mad, then the total you lost, the coin you couldn't endure the pains and decided to opt out and at what level was BTC too?

Talk about the coin that hurts your feelings the most and what you would've done better. Talk about the indicator you'll pay more attention to this time around.

Remind yourself that a guru that was right yesterday could be wrong tomorrow, so follow him with caution, but if it's not broken, don't fix it yet.

Talk about the financial management trick you'll adopt next time to avoid running out of cash when Zero Green Day presents itself again. Talk about how it's important to take profit and how you'll do it next time to preserve your capital.

Talk about how on that bloody Zero Green Day, only USDT had a green of  +0.8% while every other thing was swimming in blood. Have screenshots of the blood of some of the coins.

Talk about the trigger of this crash or manipulation — is it recession fear, war, disease outbreaks, etc.? Did the stock market also crash?

Are people in that side of the world also complaining too? Yes, theirs is even worse. They lost 2.9 trillion because of fear of recession, which is a higher loss compared to COVID crash.

Now, prepare your mind for a day like this after every 3-6 months or 1 year max in crypto and keep money for it. Even that money you kept aside, keep another one aside that won't be touched. Yes, I know, everyone is facing financial hardship, so even if it's $50, keep it.

DIVIDE YOUR MONEY INTO 4 CATEGORIES

1. The 5 green day — stage 1, 2, 3 money.
2. Extended 5 green day — stage 1, 2, 3 money.
3. And finally, zero green day money for stage 1, 2, 3.
4. Bonus: Backup money for miscellaneous after the storm is over...

because...

...there will be another mini storm some days or a week later to put more fear on those who have already bought so that they'll sell out of fear or another crash before the main pump will happen.

As the stages progress, the money allocated for each stage should go up.

On that final zero green day, most times, it coincides on Sunday against Monday morning (new week start) to mimic stocks and forex opening hour and a brand new weekly candle that is most likely to dump, then pumps at 2-3:30AM, another at 8AM (London Stock and Forex opening hour), another, for New York opening hour, at 1PM and 2:30PM (Forex and Stocks time).

Those time above are crucial on Monday after stage 3 of extended green or zero green has happened.

Write a detailed and emotional story of how this dump affected you and how you'll plan better and manage your money better with patience as you kill FOMO and wait for the right time despite all the fake outs in-between even when others are wining and rubbing it on your face.

Write a story, that when you read it, you get a flashback of what not to do to avoid losing 90% of your money and spending weeks gnashing your teeth about it and praying for God to send you extra money from thin air.

Talk about how greed was part of it despite all the TA and fundamentals you know.

Think and include the ones I didn't remember. Add photos to the diary. Pour out your heart, joy or pains.

This is a secret journal for you — don't show it to a living being. So, be blunt, raw, and aggressive with your words.

In fact cuss yourself in some parts of the story for making same mistakes over and over again and what you'll do next to avoid it forever.

Call yourself a fool in some parts of the writeup for not controling your emotions and following the main map/strategy you had in mind before emotions took over because of a video or post you consumed.

Do you get my point? Document it NOW, else you'll forget. Just Do It and you'll thank me later. It's easy, yet powerful! 

Great men have diaries and they write regularly on a notebook or an app. Be like them.

Don't waste this amazing experience. It will serve as a guide and a reminder for you in the future.

If you're too lazy to type or smart to speak, you can use voice recording to speak your story and use voice to text app to translate it. You can even do a video recording with your face as you tell the story.

This story will change your financial story, but it's so sad most of you won't take action and document it. I feel sorry for you if you don't immortalize this pains or gains you JUST experienced. DO IT NOW!

Save that image below and whenever you see that lady holding an empty pot, let it remind you how BTC emptied your pot of money on the 5th of August and how you can plan and manage your money better in years ahead to have a full pot.

Enshrine that image in your memory forever — it's a reminder of your pains and financial f*ckups.

ejosh4:
Few months from now, you would look back and tell yourself why you didn't buy at this market price

I will quote this post again in December

Fact!

alakara:


For newbies, which date shld I start reading from your post

I can't really tell. I post haphazardly. Sometimes I post here, other times, I create threads for them or post on a dumpblog I created on Google blog spot. Search for iLegenddump and add blog spot for dot com to it. Some of my important posts are there, but not all.

GRACEGLORY:
Trading begins in the USA in about 13 minutes, they waking up to the shock of the market. Will they buy the dip, or shock-Sell


14:30


If they Shock-Sell, #BTC will touch the 48K-49k once more. If not, then, uptrend let's wait for their reaction

US session is holding quite tight, they didn't Shock-Sell, they slurped up the dip. I look forward to the daily close as another indicator

So, 5 green day is beginning to grow wings. We successfully had 5 green day some days ago, then we started Extended 5 green day stage 1 and before you know it, we jumped straight to zero green day stage 1.

Are we expecting stage 2 and 3 of zero green day? That wouldn't be nice. If we do, we'll head straight to 44k or a little lower and alts will bleed even more. There is a monthly double FVG in the 38k-28k region waiting to be filled, but I'm not confident we'll go there, maybe, in 2026 bear market.

Below are images of the blood of zero green day. All coins were bleeding — no exception unlike normal or extended green day.

Entered two shorts, one at 55.3k and to be liquidated at 69k. I'm just taunting BTC to go up but it seems it's giving me free profit.

GRACEGLORY:





US session is holding quite tight, they didn't Shock-Sell, they slurped up the dip. I look forward to the daily close as another indicator

Remember I said something about the US govt few hours back

ejosh4:
Few months from now, you would look back and tell yourself why you didn't buy at this market price

I will quote this post again in December

buy what exactly, be specific. Is it btc or ?

seanwilliam:
the game is so so rigged that 90% of time, you would have invested all you have before the big crash …

Nothing is rigged. You just have to know what you are getting into. Law of gold. Shitcoins are to be bought from a percentage of your profit from big cap. Bought only during the panick in percentages. Don't involve yourself in futures cos they(Market makers) have all the data/your coins, bots and you are just left gambling. Real money were lost recently, even if market rallies up, you can never recover your money with futures, but can if you follow the basic principles of making money. Lessons learned. Awon if it doesn't get to 51k, it will drop to 50k

sweetveek:
buy what exactly, be specific. Is it btc or ?

Big cap, (BTC/Eth/sol/BnB) , DCA gradually, if and when market recovers, you take a little profit and put in your shitcoins. These big caps have a higher percentage of recovering than your 40k quantity shitcoins. Put the little profit in a high community ginger popular trending sh1tcoins. Dem no dey keep ashi for house. Most degens here and outside are gamblers. As long as they are gamblers hooked, there is always money to be made. Think opposite of the gamblers while looking at economic factors and risk analysis.

Fastt:


Big cap, (BTC/Eth/sol/BnB) , DCA gradually, if and when market recovers, you take a little profit and put in your shitcoins. These big caps have a higher percentage of recovering than your 40k quantity shitcoins. Put the little profit in a high community ginger popular trending sh1tcoins. Dem no dey keep ashi for house. Most degens here and outside are gamblers. As long as they are gamblers hooked, there is always money to be made. Think opposite of the gamblers while looking at economic factors and risk analysis.

This is for people with K capital. So that a 5% move is giving $50, not us still doing $100 capital

harry2sexy:


This is for people with K capital. So that a 5% move is giving $50, not us still doing $100 capital

For a 100 USD capital, I will buy a big cap like sol/BnB/BTC/eth, then go and hustle more offline/online instead of watching the screen 24 hrs and playing with futures that you will end up loosing your capital. Learn value investing and stop gambling. Write book like deflover, training courses, bricklayer. As long as you are legit, use your profit to invest. Learn a skill today and invest gradually. This will teach you patience , learn the market end when you eventually see n opportunity, you jump on it . There is no high speed way in this life.

Meanwhile the economy is in shambles. Protest everywhere, job losses... If you get small money, keep am for food oh. Always have an emergency funds.

Today btc 48k to 55k
Tomorrow btc 50k to 62k

We're still in a bull run, no panicking.

ejosh4:
Few months from now, you would look back and tell yourself why you didn't buy at this market price

I will quote this post again in December

Abeg Wetin dem take Dey buy?

Ojemedad:


Abeg Wetin dem take Dey buy?

Money don finish

nna777:


when btc hits the above range by August. my long picks will be :

Ordi @ or below 18
Near @ or below 2.5
Brett (base chain) @ or below 0.1
Xrp @ or below 0.29.

Fingers crossed till then.

I don’t want to be left behind like the other time.
Market is consolidating. I have opened my entries on the first two.

Fastt:


For a 100 USD capital, I will buy a big cap like sol/BnB/BTC/eth, then go and hustle more offline/online instead of watching the screen 24 hrs and playing with futures that you will end up loosing your capital. Learn value investing and stop gambling. [/b]Write book like deflover[b], training courses, bricklayer. As long as you are legit, use your profit to invest. Learn a skill today and invest gradually. This will teach you patience , learn the market end when you eventually see n opportunity, you jump on it . There is no high speed way in this life.

Agba writer don turn role model.

Fast what's the best trading strategy or which strategy works for you?

Fastt:


For a 100 USD capital, I will buy a big cap like sol/BnB/BTC/eth, then go and hustle more offline/online instead of watching the screen 24 hrs and playing with futures that you will end up loosing your capital. Learn value investing and stop gambling. Write book like deflover, training courses, bricklayer. As long as you are legit, use your profit to invest. Learn a skill today and invest gradually. This will teach you patience , learn the market end when you eventually see n opportunity, you jump on it . There is no high speed way in this life.

TrennixGLOBAL:
My dogecoin analysis...

Spending so much time
and energy analysing shit
or meme coins is a complete
waste of time.

It's better to focus on BTC
which is the marketcleader

IronCastle:


Spending so much time
and energy analysing shit
or meme coins is a complete
waste of time.

It's better to focus on BTC
which is the marketcleader

I'm a financial market investor and a complete market trader so I analyse any coin or stock or currency I feel like cos I seek opportunities.

Thanks for ur words. 👍

DoctorShomo:




You still never run comot from Nairaland?

Don't mind the goat.
He only knows how to
make noise

Bestcryto:
I buy and Sidra coins at good rate.

Whatsapp : 07030413138

Do people actually buy
this coin?