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Crypto Currency Investors Thread - Investment (4474) - Nairaland 403y40

Crypto Currency Investors Thread (4700461 Views)

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GarkiAccessory(m): 1:06am On Apr 28
cmoney22222:
And the survey selling goa.t.

Everybody go get sense.


But the issue be increase number of alt moniker .

Bro I sent you a message
iLegendd(m): 2:50am On Apr 28
To those who find my post lengthy or annoying, God has done it for you. There is block button now. Every week, you renew it. No more complaining.

With this, you only see posts from people you like and this will eliminate or reduce unnecessary fight and abuse. Failure to do this, your life is boring and you secretly like the drama to cure depression. The truth hurts.

Dollar gained some weight yesterday and when I saw it, I entered a short at 94.4k and it looks like it's paying off.

12 Likes

DrShomo: 6:00am On Apr 28
Dear Nairalanders,

We have just activated a feature that allows you to block people who harass you for a period of time (currently a week).

When you block someone, you will be automatically blocked back by that person, so you won't be able to see each others' posts.

When the fixed period is over, you will both be released automatically, giving you another chance to treat each other better.

The , super-s, and s cannot block people or be blocked.

To block someone, visit the person's profile and click on the [ Block ] button shown below:

Enjoy your new power. But that you're also blocking yourself. wink wink

2 Likes 1 Share

cmoney22222: 6:23am On Apr 28
Pls send the mgs here pls.

Thanks

GarkiAccessory:

Bro I sent you a message
GarkiAccessory(m): 7:18am On Apr 28
cmoney22222:
Pls send the mgs here pls.

Thanks

It is about online survey
Please bro do you have the guide 🙏🏽?
Alexas58: 7:34am On Apr 28
Those that are following my market direction method

Get tuned

We are even firing from all cylinders now!

Now more people can see our works and relate to it

We try to take long position on XMR to hedge our shorts

cmoney22222: 7:37am On Apr 28
Dauntless15 claims he makes so much money from survey. I do not do online survey. But just becareful he doesn’t scam you because he will charge you 15k for this. Pls don’t pay oooo.

GarkiAccessory:

It is about online survey
Please bro do you have the guide 🙏🏽?

4 Likes

GarkiAccessory(m): 7:39am On Apr 28
cmoney22222:
Dauntless15 claims he makes so much money from survey. I do not do online survey. But just becareful he doesn’t scam you because he will charge you 15k for this. Pls don’t pay oooo.

Okay Boss
Ojemedad: 7:50am On Apr 28
From now on let no one complain about any other person’s post, if you complain then you are a fuuul. Start blocking that annoying person to you. Because some of you don’t even trade, some haven’t executed a trade since the last six months, just here to cause confusion and accuse everyone of scam
GarkiAccessory(m): 7:56am On Apr 28
cmoney22222:
Dauntless15 claims he makes so much money from survey. I do not do online survey. But just becareful he doesn’t scam you because he will charge you 15k for this. Pls don’t pay oooo.

Okay Boss
Thanks alot 🙏🏽
GRACEGLORY: 8:03am On Apr 28
GRACEGLORY:



The next likely entry price for BTC is around 90K-92K.

Another attempt at the 94K resistance ongoing.
Above 94K for a breakout entry.

Every time the strength is headlong against resistances, a breakthrough will give us 95K,96K,and 97K.
doyin01: 8:06am On Apr 28
God bless the person that brought the "block " button idea..

5 Likes

iLegendd(m): 8:28am On Apr 28
Now I can officially write epistles without worrying about who reads it cuz only my fans will. Any hater who complains is a depressed irer. What happened to the block button? Am I too addictive to be blocked? cheesy

In cases like the image below, when direction is 50/50. It's either you take the risk and pick a side or wait for some days or weeks for a side to pick itself before you re.

Whenever I'm not risking something in the market, it's always too slow.

10 Likes 1 Share

BenjaminValor: 8:39am On Apr 28
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We've come across this powerful solution from Malgo, which offers a highly scalable and secure Binance clone script packed with features like KYC, multi-coin wallets, and real-time trading. It's ideal for entrepreneurs who want to get to market fast without compromising on quality.

Anyone here tried similar solutions? Would love to hear your experience with white-label crypto platforms.
twosquare(m): 9:15am On Apr 28
Prepare for the week!

4 Likes

Valwezzy: 9:42am On Apr 28
iLegendd:
To those who find my post lengthy or annoying, God has done it for you. There is block button now. Every week, you renew it. No more complaining.

With this, you only see posts from people you like and this will eliminate or reduce unnecessary fight and abuse. Failure to do this, your life is boring and you secretly like the drama to cure depression. The truth hurts.

Dollar gained some weight yesterday and when I saw it, I entered a short at 94.4k and it looks like it's paying off.

Good morning

Are you still holding and is it advisable to jump in now at $94.6k?
iLegendd(m): 9:54am On Apr 28
Valwezzy:


Good morning

Are you still holding and is it advisable to jump in now at $94.6k?

I hedged, but will close one side depending on how sentiment swings. I'm more into trading after BTC has done 10% pump or dump in a day. The one I'm doing now is called gambling, not my main trades. My main trade is alway after 10% in a day. I don't care the direction.

My weekly trades are entered on Monday, Tuesday or Wednesday. I haven't done those yet. We still have 2 days left.

6 Likes

Alexas58: 10:01am On Apr 28
Our Jasmy short!

We are trading futures trading and I want you to know the dangers that are involved in this .

Same way it gives you money is the same way it can take away all your money.


U have to be strategic because the big whales are coming for your money.


We are risking $110 for this trade where our stop loss is

I show u it can be done!

Live and direct with Alexas58 market direction

Bear market 2025.

If you follow my posts and you’re trading with me

If I close a position I’ll let you know too

Cheers!🥂

Trade and Think like a champion

iLegendd(m): 10:03am On Apr 28
I saw this post on Binance and I want us, future traders, to look into it. Read the image first and wait for my update. I'm afraid I'll get banned because some numbers will be mentioned and NL bot is too aggressive nowadays.

This guy said he saw FIS coin was in gainers section and noticed lots of people are shorting it prematurely, way more than the long positions, so he knew the exchanges will soon pump it to liquidate them and make profit and he immediately entered a long position.

Now, I want to teach you how to spot this, but note, it's risky and most times, when you'll want to act like him, hoping it'll turn out like ALPACA, the dying pumper, might be the day the shorters will win the fight and it'll dump instead of pump.

Let's title it: The Short Squeeze — The Impatient Shorters and the Aggressive Pumpers.

9 Likes 2 Shares

iLegendd(m): 10:04am On Apr 28
The Short Squeeze — The Impatient Shorters and the Aggressive Pumpers.

To lay a solid foundation, I asked ChatGPT a question so that it'll out all the best places to get the data below is what it said:

How to see the number of people shorting BTC Vs long?

Answer

Good question.

To see how many people are shorting vs longing Bitcoin (BTC), you mainly have a few options:

1. Long/Short Ratio

Many exchanges show a Long/Short Ratio (sometimes called “Sentiment”) for BTC.

Examples:

Binance Futures → "BTCUSDT Long/Short Ratio" section.

Bybit → "Long/Short Ratio" in their analytics.

Coinglass → A public site that aggregates data from multiple exchanges:
coinglass.com → Look for “BTC Long/Short Ratio”.


2. Funding Rates

If funding rates are positive, it means more people are longing (long bias).

If funding rates are negative, it means more people are shorting (short bias).

You can check BTC funding rates on sites like:

Coinglass
Binance Futures dashboard
Bybit Funding Rate page.


3. Open Interest (OI)

Open Interest shows how many positions (both long and short) are open, but not the exact number of longs vs shorts separately.

However, rising OI with price rising = bullish, rising OI with price dropping = bearish (generally).

---

If you want a direct live feed, here’s a simple way:

Go to Coinglass

Click "BTC" → "Long/Short Ratio"

You’ll see it across multiple exchanges, both Global Ratio and Exchange-Specific Ratio.

Summary:

Long/Short Ratio = shows percentage of longs vs shorts.

Funding Rate = shows the dominance of longs or shorts via payment.

Open Interest = shows how much money is in futures contracts (but not direction alone).

Would you like me to also show you how to put a BTC Long/Short Ratio indicator directly on your TradingView chart too? (Very useful!)
I can even give you the script if you want.

Typing...

7 Likes 2 Shares

Born2conquer: 10:07am On Apr 28
iLegendd:
The Short Squeeze — The Impatient Shorters and the Aggressive Pumpers.

Typing...
Do you feel BTC will dip today?
Valwezzy: 10:12am On Apr 28
iLegendd:


I hedged, but will close one side depending on how sentiment swings. I'm more into trading after BTC has done 10% pump or dump in a day. The one I'm doing now is called gambling, not my main trades. My main trade is alway after 10% in a day. I don't care the direction.

My weekly trades are entered on Monday, Tuesday or Wednesday. I haven't done those yet. We still have 2 days left.

Okay, thank you.
iLegendd(m): 10:21am On Apr 28
Born2conquer:

Do you feel BTC will dip today?
We only predict, we don't control the market. From experience, there will be a pump to almost 100k this week, the earlier, the better, just to get everyone excited, then comes correction to cause panic.

3 Likes

iLegendd(m): 10:22am On Apr 28
FUNDING RATE DETAILED 5-6 YEAR OLD EXPLANATION

When funding rate is negative (red or -), price will be dragged up by enemies of progress (longers and exchange).
Why? Because shorters are making so much money.

Longers and the exchange get jealous and push it uptrend to liquidate shorts and still get paid by shorters.

The longs + exchange are trying to help bring the futures price back to green or at least neutral (spot price) while getting the funding fees that shorters are paying...

When funding rate is positive (green +), price will be dragged down by enemies of progress (shorters and exchange).

Why? Because longers are making so much money.

Shorters and the exchange get jealous and push it downtrend to liquidate longs and still get paid by longers.

The shorts + exchange are trying to help bring the futures price back to red or at least neutral (spot price) while getting the funding fees that longers are paying.

Tip on who takes the funding fee:

Whoever was winning before the table turned will pay the one who turned the table. This is why everybody wants to be a table-turner — so that they can be paid.

If shorts are winning (red), longs will pump it to turn it to green because they will take the funding fee and still make a profit from the uptrend.

Even the exchange will make profit from liquidation of shorts. Win-win for the longers and the exchange. Vice versa is also applicable against longs.

FUNDING FEE EXPLAINED

Funding fee is like a bribe the exchange gives longers from the shorters' wallet, so that they’ll help pump the price to liquidate the shorters, or at least make them sell their positions at a loss to bring the price back to neutral (spot price).

When these shorters sell their large positions at loss because price keeps going uptrend against them, it triggers a quick spike to the upside, liquidating the high-leverage shorters in seconds.

Their fellow shorters (the ones with large positions) who couldn't hold on caused their own liquidation — with the help of all the longers ready to buy it just to push the price up. Vice versa for shorters against longers is also the case.

This means the exchange doesn’t have a permanent friend. They go for what will favor them — and that is liquidation of both longs and shorts.

In futures trading, exchanges don't want you to win alone, except they're winning with you.
After they've won with you, they’ll want to win against you with your enemy.
And the cycle continues.

Key point:

Whoever comes to help the exchange turn the table always gets paid by the first occupants of the table. This is why everyone wants to be a table-turner.

Simple summary:

Positive funding? "It must go back down or neutral," says jealous shorters + exchange.

Negative funding? "It must go back up or neutral," says jealous longers + exchange.

DEEPER EXPLANATION ON FUNDING RATE CONDITIONS

If funding is positive (+) on a downtrend, it means longs are struggling and under pressure to hold their positions or run.

It means they keep buying while it dips, hoping it goes back up. This behavior can trigger a spike on the downside because eventually, they’ll give up and funding will finally turn negative. Vice versa is also applicable.

I don't know if I have confused you. If yes, reread. I wrote this in 2023 or 2024, but posting it today.




CHATGPT'S EXPLANATION (FOR 6-YEAR-OLDS)

Question:

Explain how BTC, Crypto funding rate works as if I'm a 6 year old and its importance of use to a futures trader?

Answer:

Alright, imagine you have a playground where kids bet on which toy is better: a robot or a doll. Some kids think the robot will win, others think the doll will.

To keep things fair, there’s a rule:
If too many kids are betting on the robot, they have to pay a small fee to the doll kids, and if too many bet on the doll, they pay the robot kids. This fee is called the funding rate.

Now, in the world of Bitcoin and crypto futures trading, people make bets on whether the price of Bitcoin will go up (longs) or down (shorts).

If there are too many longs, the funding rate becomes positive, and they pay the shorts.
If there are too many shorts, the funding rate becomes negative, and they pay the longs.

Why is this important?

For a futures trader, the funding rate:

Shows Market Sentiment: If it's positive, more people think prices will rise; if negative, more think prices will fall.

Helps Make Decisions: Traders can plan whether to go long or short based on this sentiment.

Earn Extra Money: By holding positions when others are paying funding fees, you might earn a bit more. It’s like knowing which way the playground is tilting and using it to your advantage!

Question:

In summary, the less followed direction or option gets paid, right?

Answer:

Exactly! The less followed direction (the minority side) gets paid by the majority.

If most traders are betting on prices going up (longs), they pay fees to the fewer traders betting on prices going down (shorts), and vice versa. This keeps the market balanced.

Question:

What is the rate like? The value in number or percentage. When is it too much, too little, available or neutral. Give examples.

Answer:

The funding rate is typically expressed as a percentage, representing how much traders in one position (long or short) pay the other.

Here's how it works:

Rate Range:

Normal Range: Between -0.01% and +0.01% every 8 hours (common on platforms like Binance, Bybit).

High Rates: Exceeding +0.05% or -0.05% is considered extreme, signaling imbalance.

Too Much or Too Little?

Too High:
Example: +0.1% funding rate = longs are paying heavily = excessive bullishness = potential reversal down.

Too Low:
Example: -0.1% funding rate = shorts are paying heavily = excessive bearishness = potential reversal up.

When Does It Apply?

Funding fee is charged every 8 hours (e.g., 00:00, 08:00, 16:00 UTC). If you close your position before the funding window, you avoid paying or receiving it.

Examples:

Neutral Case: Funding = 0.003% → Small fee, balanced sentiment.

Bullish Extreme: Funding = +0.08% → Most traders are long → Risk of correction.

Bearish Extreme: Funding = -0.07% → Most traders are short → Risk of reversal upward.

Key Takeaway:

High funding rates often predict reversals!
Smart traders watch them carefully to time entries and exits.

Question:

So, when is the best time to enter long or short using funding rate as an indicator?

Answer:

Best Time to Enter Long:

When funding is negative (e.g., -0.05% or lower). Market is overly bearish → Potential for a short squeeze and price rebound.

Best Time to Enter Short:

When funding is positive (e.g., +0.05% or higher). Market is overly bullish → Potential for a long squeeze and price drop.

Tips for Using Funding Rate Effectively:

Combine with technical analysis (/resistance, RSI, etc.).
Watch for extreme funding, not neutral.
Avoid blindly following trends when funding is extreme.

Example Scenario:

Long Entry: Funding Rate = -0.07%, heavy shorts, near → Buy to ride the rebound.

Short Entry: Funding Rate = +0.08%, heavy longs, near resistance → Sell to ride the dip.

Key Insight:
Funding rates reveal overconfidence — trade against the crowd at the right moment!

Question:
Analyze these funding rates and tell me what I should've done:

Funding Data:

Funding Rate Last 3:

GLMUSDT -1.3069%
POWRUSDT -0.7895%
RENUSDT -0.7663%

Funding Rate Top 3:

AKTUSDT +0.1191%
1000WHYUSDT +0.1176%
1000CHEEMSUSDT +0.0829%

Answer:

Analysis:

GLMUSDT, POWRUSDT, RENUSDT:
Very negative funding rates → Traders overly bearish → Potential for a short squeeze (price could pump).

AKTUSDT, 1000WHYUSDT, 1000CHEEMSUSDT:
Positive and rising funding rates → Overcrowded longs → Potential for price drop (long squeeze).

What You Should Have Done:

Long the Last 3 Tokens (GLM, POWR, REN):
Benefit from a possible short squeeze plus earning funding fees from shorts.

Short the Top 3 Tokens (AKT, 1000WHY, 1000CHEEMS):
Capitalize on over-leveraged longs getting liquidated, with price falling.

Risk Management Tips:

Confirm with technical analysis.
Use moderate leverage.
Set stop-loss to protect against sudden moves.

END

This is not the raw post, but a ChatGPT summary.

9 Likes 1 Share

Born2conquer: 10:23am On Apr 28
iLegendd:
We only predict, we don't control the market. From experience, there will be a pump to almost 100k this week, the earlier, the better, just to get everyone excited, then comes correction to cause panic.
My prediction also! I am ready to sell around 96 to 97k and that’s all

2 Likes

Alexas58: 10:27am On Apr 28
We take some position on our XMR long

Stop loss 215

We are risking $60 for this trade and active buy position on order limit

I am firing on all cylinders

Ask for history is you are following my method

It’s all free


Manage ur risks urself with Alexas58 market direction



Trade and Think like a champion

LincolnOnyeabor: 10:33am On Apr 28
iLegendd:


I hedged, but will close one side depending on how sentiment swings. I'm more into trading after BTC has done 10% pump or dump in a day. The one I'm doing now is called gambling, not my main trades. My main trade is alway after 10% in a day. I don't care the direction.

My weekly trades are entered on Monday, Tuesday or Wednesday. I haven't done those yet. We still have 2 days left.
If it dumps 10% in a day, do you sell and likewise if it pumps 10% in a day do you buy or you do the opposite of what the 10% did respectively??
sweetveek(m): 10:50am On Apr 28
Born2conquer:

Do you feel BTC will dip today?
any dip that'll happen will be next month that is if the uptrend does not continue, they'll try to keep bt.c stable just to close monthly candlestick
SmallDick99(m): 11:03am On Apr 28
Alexas58:
We take some position on our XMR long

Stop loss 215

We are risking $60 for this trade and active buy position on order limit

I am firing on all cylinders

Ask for history is you are following my method

It’s all free


Manage ur risks urself with Alexas58 market direction



Trade and Think like a champion
What exchange are you using to trade? this kinda looks like Kukoin
Alexas58: 11:17am On Apr 28
SmallDick99:
What exchange are you using to trade? this kinda looks like Kukoin

XMR
Monero is doing it

Alexas58 hedge monero long

Trade and Think like a champion

iLegendd(m): 11:22am On Apr 28
Born2conquer:

My prediction also! I am ready to sell around 96 to 97k and that’s all
Especially 97.5 to 98.5k.

1 Like

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