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Crypto Currency Investors Thread (4681647 Views)
iLegenddd: 5:32am On Dec 16, 2023 |
saddler:Go to your settings and change the appearance to dark theme before you can see the lines.
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Ojimmu95: 5:33am On Dec 16, 2023 |
iLegenddd:Thanks boss |
saddler: 5:36am On Dec 16, 2023 |
iLegenddd: Ok...so here is the dark version. Am i correct if i say it completed 3 wise boxes. From the image can you list where box 1, 2 and 3 is?
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iLegenddd: 5:42am On Dec 16, 2023 |
saddler: The image I showed earlier about BONK is from futures trade, but the one below is from spot. I noticed in the spot, the 3 boxes were filled in a day. I only use this method on futures. From today, I'll pay attention to the spot version. 2 Likes |
iLegenddd: 5:44am On Dec 16, 2023 |
saddler: I think using the word box is where the confusion is coming from. I should've named it the 4 wise lines. 3 Likes |
iLegenddd: 5:47am On Dec 16, 2023 |
Truthshotcrazy:That's why the industry favors only patient people who read and reread, do, and redo until they get it. Unfortunately, no videos. Sorry about that. |
iLegenddd: 5:48am On Dec 16, 2023 |
traffiools:Sharp |
Ojimmu95: 5:50am On Dec 16, 2023 |
iLegenddd:God bless you richly, and I have been here, hustling like a mad man to raise 70k for someone to teach me spot trading God bless you sir, I don't take this information for granted, more knowledge to you. |
iLegenddd: 6:10am On Dec 16, 2023 |
Ojimmu95:You're welcome. All the info you need are online for free, especially YouTube and Tiktok. It's just that the info out there is too much and it's overwhelming. It can even make people confuse and end up quitting. You just neet to take it a step at a time. I never knew crytpo was easy when I was starting. With all the red and green everywhere dancing, it was scary. It took me just one video in 2021 to understand it. The video is old now, but you can still watch it. https://www.youtube.com/watch?v=fv3LiswmZu4?si=4i6EcT_8r1smz5pi After that, I learned how to read charts and other things, but in the end, only one thing matters in crytpo and that is PATIENCE. If you don't have it, you won't make money. If you over-have it, you'll lose money. Now, striking a balance with a strategy is the key. 4 Likes 1 Share |
iLegenddd: 6:14am On Dec 16, 2023 |
saddler:Yes, it did, but that is spot, not futures. In the futures version, it didn't. Below is an image illustration for you. 2 Likes |
SINisSIN(m): 6:51am On Dec 16, 2023 |
You're doing a great job here. Weldon bro! iLegenddd: |
saddler: 6:54am On Dec 16, 2023 |
iLegenddd: Thank you for the explanation . |
santos123(m): 6:56am On Dec 16, 2023 |
Any analysis on BTC? Sold some of coin so I can buy at a lesser price when BTC dips overnight. Now BTC refused to fall, rather it increased the price of the coins I sold. ![]() Graceglory Nnanna77 |
saddler: 7:33am On Dec 16, 2023 |
iLegenddd: So i got this image from MexC.... I guess this fits into the system you explained looking at the trade from the previous day
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traffiools: 8:23am On Dec 16, 2023 |
iLegenddd:bosss, you really did a fantastic job here, am a poor teacher to be honest with your boss, maybe the reason I was able to quickly grab your explanation is because of my strong interest in future trading! Thanks for sharing your in-depth knowledge hare, it's highly educative. In summary to those trying to understand @iLegenddd lecture, the lecture simply says don't attempt to shot market when price hasn't move very close to the Daily high! Just for example, if the daily high coin price is $9, but now the price has dropped to aroun $3 region, The lecture tells me not to attempt to make any short position because the price is at first wise box! If the price. Still moves from $4 to $6 it has just completed the second wise box, patience. Is still needed at these points too, but when it finally moves from $7 to $8.5 region then the three wise boxes has been completed meaning the price has approach the highest of the day! At these points it's saver to place a shot position using a reasonable leverage size. 3 Likes |
iLegenddd: 8:24am On Dec 16, 2023 |
saddler:Yes, but the thing is, exchanges are manipulative. Today, Binance could be the manipulative one, the next day, they won't and Mex could be the bad guy. Also, time zone of the exchange affects when it will break to another candle. What I'm try to say is, my Front chart on Binance that same day is only two boxes, but yours is three in Mex. If I were trading front on Mex that day, I may have shorted after every other checklist says go ahead, but if I were on Binance, I'll be scared to short because I'll feel we still have 1 more box to fill. From today, I'll start cross-checking two to three exchanges to see if there is discrepancy in the number of boxes. From my experience, I mostly start shorty after a coin has pumped 150%. Initially, I used to short when it pumps 50, 60, 80%, but they always pump it to 150% per day or even 177% and sometimes 200%+ when they want to liquidate millionaires and billionaires. With this experience, I mostly start thinking of shorting after it has pumped at least 150% in a day and it has filled at least 3 boxes. I still pay attention to and resistance and sometimes check on Coinank and Coinglass to see most liquidation will mostly take place on BTC and also the coin I'm trading, if it's listed on the apps I mentioned above. Some other times, I don't check anything. I see 150% pump + three boxes checked, I short. While I'm already shorting, I now do my research to see when to jump out or if the uptrend will still continue to box 4, 5, and more. The moment I notice it will continue, I use another to long or hedge with same just to protect myself. This isn't the end. number three comes to play, but let's leave that for another day. Note: Exchanges don't use same regional time zone. Sometimes they allow you set the timezone you want to use. Singapore or Beijing is probably 7 hours ahead of Nigeria, so they could be on 17th of Dec. while we're still on the 16th. This little differences affect the candle, but no that much. 5 Likes |
iLegenddd: 8:34am On Dec 16, 2023 |
saddler:Zooming your screen in or out affects the numbers (prices) at the end of each line, hence affects the size of the box. So, don't adjust it after you've clicked 1D time frame. See the numbers I'm referring to in the image below.
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FlashDboy: 8:36am On Dec 16, 2023 |
FlashDboy: Gurus them Ilegend Landmann Ibime Singapore Openheaven Graceglory MrCodeSolo Please how do I buy a coin not listed on exchange that is on pre-sale. Thanks |
XaToXi: 9:25am On Dec 16, 2023 |
iLegenddd: It was listed on binance that day at 0.4 and price dropped as usual with new listings. It's yet to do price discovery on binance spot. |
henrycryptmento(m): 9:37am On Dec 16, 2023 |
Buy limit $0.87.. So we buy tomorrow or Monday on spot πππ
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GRACEGLORY: 10:17am On Dec 16, 2023 |
FlashDboy: Look up "Regular Presale" on CoinMarketCap. Press the "Market" button that is located next to the price chart. You can find a comprehensive list of locations where you may buy. 2 Likes |
Ojimmu95: 10:26am On Dec 16, 2023 |
traffiools:You're a very good teacher, sir |
santos123(m): 10:31am On Dec 16, 2023 |
Any brc20 coin that hasn't pumped?
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FlashDboy: 10:59am On Dec 16, 2023 |
GRACEGLORY: OK. Thanks alot. |
Taidi(m): 11:33am On Dec 16, 2023 |
santos123:check Lbank exchange, their are a few of them there that are yet to be listed on other exchanges. 2 Likes |
iLegenddd: 11:37am On Dec 16, 2023 |
FlashDboy:You'll need to acquaint yourself with the following apps. I mostly buy via Trustwallet or any other wallet and do research via the other apps below. 2 Likes |
REUBEN010(m): 11:45am On Dec 16, 2023 |
henrycryptmento:Thanks Fingers crossed. |
FlashDboy: 12:05pm On Dec 16, 2023 |
iLegenddd: Good. Thanks alot |
GRACEGLORY: 12:54pm On Dec 16, 2023 |
santos123: I already advised against shorting the market. BTC has been consolidating after eight weeks straight of an uptrend. I was expecting the $46K while the majority on X and Nairaland were calling for $30K. And the psychology of trading had taught me that the majority are always wrong, so I chose the opposite direction. BTC made it to the $45K. The macroeconomics as a whole has been favorable to the market, the I report came lower than the previous, and the FOMC had been paused on the 3rd consecutive meeting as I expected. And the majority are expecting dip to dip, BTC may continue the uptrend after this consolidation. May, may. Or one devil candle, and GOD candle follows immediately. Stop short I the market if you donβt have trading skills. Youβd be shortchanging yourself. Allow your money to dip itβs part of the sacrificial process. Weβre bull all the same. area before the consolidation, though. 2 Likes 1 Share |
GRACEGLORY: 1:06pm On Dec 16, 2023 |
Iβve got a feeling down in my gut, that suddenly, SOL and LTC will do what BCH did. And that will only favor HODlers
1 Like |
traffiools: 1:13pm On Dec 16, 2023 |
Ojimmu95:I doubt that boss!!! |
AgentNnamdi: 2:49pm On Dec 16, 2023 |
Mayerooona: Thank you ππΎ 1 Like |
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