Sailor1:


I thought most exchanges used standalone payment processors to circumvent this. CBN should learn from western countries and regulate, not ban

lovinhubby2wife:
yeah you need at least 10usd

Sailor1:
I love this and had to share... Its the ren weekly chart.. some reasons I love TA


2 weeks ago... Hit ATH
Last week... Flipped ATH into support
This week... PUMP

Excited cos I see similar structures forming across board... Already, some like Ada have moved... Others are bidding their time

P.s... no go buy a coyn that has pumped 35% in a day oooo.... It sat between 0.5-0.6 throughout past week. That was the time to buy

ChybuzzDD:


How about the high rate of scammers in p2p??
How about funding your wallet?

SenecaTheYonger:



The source is from Twitter. And when I go to Twitter, the original poster has no source except that photo. The subject of Crypto is too important for CBN not to issue an official statement themselves or via their website.

afroxyz:

SenecaTheYonger:


I've seen that. Still don't believe it. Like how can you make such drastic move without even any word from you or any activity on your website? Even their Twitter acccount @cenbank says nothing about this. ARe they too lazy to post this there that they gave some random stranger to post on Twitter lol

eluyerab:
Hello. have $350 worth of bitcoin for sale. Thanks.

Sailor1:


Thanks for the nice words.

Good trades you've made and good profits too...

What I'd say is that Ada is a coyn that really runs when it does... I've not sold it yet
Against the eith chart, the 0.36 level is significant after thst, it's pretty much air until the 0.54 level.. I have set some to sell at 0.36 and will be watching that level for a response...

Also not advisable to jump in and out of coyns at this point except you're quite good at it... Sometimes, it's better to let the market do it's thing.

Theta is another good one... I thought it'd reject at the 0.24 level bit it didn't. I'd be looking to take a position on a retest.

Theta, ada, xlm, link are the old coyns u don't want to sell prematurely during a run. When they run, they run

Sailor1:


It depends on what your preference.

Given that betece will outperform most alyts in the long run, some traders use alyts to accumulate betece hence trade into betece. With the adventof stable coyns and increased liquidity on their pairs, some now trade into usdt....
It all depends on your choice...but its always worth keeping an eye on betece cos if betece too

Sailor1:


Nice points you've raised and I'd say you have done well for someone who started in December


But one thing I strongly disagree with is your take on betece
You are the second person saying that this week an it is getting me scared. make una cool down first mk my altys pump. I quoted a post a while ago on my discussion with someone on the treasury bills thread in December when he said altys are dead. I smiled and told him that is an indicator that altys will soon run and eclipse betece.

I keep saying cycles cos in this market, timing a cycle is where all your money is made or lost

see how it works
1. Betece pumps milking altys- people say institutions are only interested n betece that altys are shitcoyn...
2. Eith then pumps... and out performs betece
3. Majors- midcaps and micros follow and do multiples of betece and eith... people say that betece is dead and an old coyn
4. Betece wakes and in one day wipes away alyt profits of 3 months
people eye go then clear

The facts are these
1. If eith did not break ATH, all this movement on altys wouldn't have occured. If eith pumps further and doubles its value, alyts will do x10-x20 sef
2. Early Jan, betece reached 42k, eith pumped from 700-1200 to signify the start of an alyt season. Since then, betece has been ranging...and alyts have gone ballistic. When the time comes, betece will still range and alyts will tank and wipe profits made
3. I know you may be thinking that when that time comes, you'd cash out asap....lol... That is what millions are saying...
4. sensible thing todo now willbe to use this run and gather more betece or eith or take good profits into cash. Trust me, you do not want to be holding any alyt when betece turns.
5. New coyns, majors,minors, micros, eith and betece all have their use- I would still advise splitting your portfolio accordingly if you are new
6. Chart any alyt against betece and ask yourself which one you want to trade.

I know alot of good traders who only trade betece and eith.. I don't know of any who only trades alyts.

All in all, for new folks here. All your money is made or lost in timing cycles. Bull runs are very easy to trade but there are life lessons that you can only learn in a bear market or trading a full market cycle. Keep calm headed and don't let the alyt pump take your focus out of where we are in the market cycle. I know it doesn't make sense now but your safest bet here is still betece followed by eith

OpenHeaven2019:


The is guy is a scammer.

Aafulenu:


while your post was very educating. but for a newbee like me I couldn't understand some terms.
what is alyts and ATH? i first assumed they were qoins but I couldn't find them in binan.ce

SenecaTheYonger:



The source is from Twitter. And when I go to Twitter, the original poster has no source except that photo. The subject of Crypto is too important for CBN not to issue an official statement themselves or via their website.

Activist001:

@bolded, you just dey come Nigeria? These people do shit and get away with it.

OpenHeaven2019:


The is guy is a scammer.

eluyerab:


You don’t just label everybody a scam. Never have, never will. You should apologize as you can see conversation where I had it sold. Evident is exchange of wallet address and my account being credited.

You should take your words back, please.

dottozil:



So na since 5;00am u don sell your coin wey you dey they come here 11;53 come they find person wey go buy coin , what's the logic behind that?

Anowax:
When you say bear market, do you mean that during that time the worth of coins (say Eithy) continues to go down and down and down after having gone up during this current bull market... I need a bit of an insight. Thanks

eluyerab:


My phone’s time is fixed on a different time zone, chief.

This taken right now. Thanks.

Anowax:
What is the way forward now brother? How do one circumvent this CBN palaver?

SenecaTheYonger:



The source is from Twitter. And when I go to Twitter, the original poster has no source except that photo. The subject of Crypto is too important for CBN not to issue an official statement themselves or via their website.

dottozil:


Lol, but the time on the screenshot of your phone shows 7;07am, bro wetin dey your mind gongon

mulannoire:
I just tried to deposit fiat on binance...transaction failed so i guess the news is for real.