kings11ng:

Which project offers 1k %

Bro get on Twitter and research all these upcoming projects on their early stages someone of them offer upto that on staking but you will have to be very careful to avoid scam.

The macro picture is slowly fitting my bias- which is simply another rally towards EOY... It's good my portfolio is significantly up before it's fully materialised.


My advice would be to study the events of October to December of last year and see how the market reacted... Now I'm not expecting the market to play out same thing, but human emotions are constant and this makes markets to keep replaying certain macro patterns...


Alyt prices arent bad now, I'm hoping betece gives them a week or two to rally....

If my bias continues to be right, then there should be one more selloff before betece breaks 64k.... And as usual, people will ask for lower...It's on that selloff, I'd like to make about my last fresh fiat buys of the year...


P.s... I'm collating lessons learned on the last bitc0in rally and would share these if and when we have a breakout...

@jedisco, thanks for all the information shared,we looked forward to more , are you a fan of staking ? don't you think its better to hold your coin and then when you see that it has appreciate so much ,u convert it to usdt and then when the price drops down, you buy the coin back but this time u will be having more of it, you can't do this with staking cos ur coin already locked, hope I'm able to pass my question across in a simple way? what do you think? staking of coins or holding of coins and converting to USD once it its a very big upside value and then using the usdt to buy it back once the prices fall very well

BuisnessThrills:
@jedisco, thanks for all the information shared,we looked forward to more , are you a fan of staking ? don't you think its better to hold your coin and then when you see that it has appreciate so much ,u convert it to usdt and then when the price drops down, you buy the coin back but this time u will be having more of it, you can't do this with staking cos ur coin already locked, hope I'm able to pass my question across in a simple way? what do you think? staking of coins or holding of coins and converting to USD once it its a very big upside value and then using the usdt to buy it back once the prices fall very well

It's a fine balance but goes both ways....

If my coins are on an exchange and there's a good rate on a flexible stake then I'd go for it. With flexible staking, you can redeem your coins anytime... Some exchanges offer >10% on flexible staking..

Usually, I use flexible staking or short term fixed staking... Given that I trade mainly majors, even when they pump, they hold structure for a while giving one room to take profits if needed...

But in all, I also tend not to overtrade once bitc0in establishes a pattern as most tend yo short-change themselves... E.g, if bitc0in makes a new ATH, there's a good chance I'd stake about 50% of my coins on exchanges for 3 months. Almost always, by riding the macro moves, you'd make more than thise who think they're day trading

Lastly, I also use staking stables to protect profits... When I catch a huge move on a coin, the temptation is to feel overconfident in the coming days and make wrong decisions mostly resulting in good loses. Currently, I just stake a part of my conquered loot even if its for a week until the market rejigs

Thanks alot for the reply,i appreciate, i make use of Binance for staking and I know they only do locked staking, which exchange do you use for flexible staking ?[quote author=jedisco post=106623283]

No update on this forum yet , whosoever post on this group we are waiting , I learn from this group @jedisco and the rest

BuisnessThrills:
No update on this forum yet , whosoever post on this group we are waiting , I learn from this group @jedisco and the rest

Haven't spoken much as most of the things I outlined are still in play.....
When trading the bigger picture, you don't need to monitor the daily market moves...

Look at it this way.... If bitc0in goes on to make another high, in the next 6 months, almost every alyt would triple their current valuation.... You'd then be wondering why you were bothered about buying at one price or another....

Personally, I'm hoping on one more dip before ATH so I can fill my bags.... After that, I'd let the market be for a while

Talking about trading,
Looking at the bitc0in chart, someone who held bitc0in from June is already 2x up. Now how many people here who say they're day trading have been able to double their portfolio over the past 2-3 months?

I still believe one of the easiest ways to make money in this market is the stress-free one... Now defi makes that even sweeter.

I said I was going to share lessons learnt so far more so from the last rally when the coin break ATH....
I composed this a while ago to share when the coyn breaks ATH
Here it is...

Bitc0ins macro rally..... 11 lessons learnt so far...and 5 bonus points

What we've learned so far....

1. Since bitc0in exited 20k, when there's a flash selloff, the coin usually goes to retest the bounce area and dips below... Remember 40k to 30k selloff same with 60k to 43k (2x), 50k to 30k and lastly 53k to 42k...

2. Litec0in... When this laggard pumps, take profits... enough said... For this reason, I still own 3 ltc... So that whenever I sell any after a pump, I take profits across board... Still looking out for another accurate marker.

3. It's human nature to take profits around whole numbers mostly following the usual crypto moves.... During such stages of a bull run, after proper consolidation, a coin that breaksout from 4 will likely hit 15-20... A breakout 20 will likely distribute at 50- 60... After 60, next is 100, 120, 150, 180 -200... These patterns are obvious across board..
Bonus- Always be aware of fakeouts above such levels only to nuke back in

4... This is a tricky one but some coyns have it in them to do a 4-5x after a breakout... This is obviously very dependent on the market cap and where the initial breakout was from... So don't expect a final aspect of a pump to do 5x.. Examples of this is obvious... Ada went from 0.3 to 1.5... Doge did a 5x two times the last rally, Bnb did a 5x from 50 to 300... Dot, uni, sushi all did same in a single run... Usually such huge moves are easily followed by a 1.5-2x in the coming weeks.. Take a look again at such coins.
It's tricky catching some of these... But when you catch them and take profits properly e.g sol of recent, they can make your bullrun.
There's a meme coyn I'm targeting for a potential 10x if an alyt season ensues... Still early days...

5. Cash is king... Irrespective of the rally, you can expect a bitc0in selloff monthly. Maximum interval of 2 months... usually in the pattern described above.. One often overlooked way of boosting ones portfolio is by catching selloffs...   Trending coyns would usually bounce off their daily or weekly ema... I'd generally have bids resting around this area at the early stages...

6. Exchange tokens.... Exchanges have a way of pumping their coyns.....e.g FTT, BNB, CRO... Likely, this is to attract new folks.... When I allocate my portfolio, I always have one or two at base layer...

7.. After a big win (or loss), take a break.... Many oldies have experienced this... You hit big, get over confident and lose a good chunk to the market... How I do it is simple.... After a big hit on a random alyt, I lock in profits either by converting some into bitc0in or mostly into stables and lock-stake them even if its for 2 weeks until the hype has relaxed.

8... Betece and eith rule this market... No need fighting, use it to your benefit... In most alyt seasons, eith shows the start and end of the rally.... Usually, market movers start in bitc0in... After it's rallied a while, they take profits heavily into eith causing a rally too.... After this, alyt season begins and profits cycle thru coins while eith mainly stalls.... These alyt profits are finally deposited into eith which now goes on its final rally before the whole market nukes..... I'm not saying to wait for eith to rally before taking profits, but whenever it happens, I'd be asking myself questions.... That said, on this, things might pan out different.
Bonus point: when eith goes on a sustained rally, it usually holds and bounces off the 4hr ema until it tops out and looses it..... I use this area to compound if needed.

9. The market is ALWAYS wrong at the extremes... No matter how many times it happens, the crowd will ALWAYS be bullish at the top and bearish at the bottom... Nuff siad

10... A streamlined and planned portfolio will always outperform a random portfolio... I've written on this before.... Plan early and allocate your portfolio sensibly... Dont use money for eith to buy shib ....

11... Dont get attached to any alyt... It's only bitc0in and eith I might consider that for... In an alyt season, all coins will pop...but some will pop much better than others...  Use one or two majors as your benchmark... If a coyn is not holding important levels, cut it early... This is obviously different from jumping from top to top...


First bonus.... Don't sleep on charts, you're much more likely to make mistakes and buy the top when you do that.... Outline macro levels,  set alerts, take a breather and enjoy crypt0...

Second  bonus... A second rally is usually stepper and quicker.... It's usually over before most expect...If another rally ensues, my aim would be to have 85% of my portfolio out before the top..... Plan for it early cos as April showed us, if you're caught offside at the top of a bullrun, u no go like am...... don't go blaming China

Third bonus... Bitc0ins last macro bull run was from about 1.5k breakout to 20k.... This rally is likely to give lower absolute returns as it'd take considerably more to move the market. Always remember the breakout point was 20 and that humans will always take profits around certain numbers.

Fourth bonus... Most people would invariably end up holding a coyn for more that 3 months... If you're not earning passive profits by staking your coyn, you're missing the next big thing in crypt0. Staking also prevents one from making irrational decisions in the heat of the moment... A good chunk of my long hold coyns for this rally have been staked already.

5th and most important one... Nothing goes up forever... Outline early where and when to take profits and lock them in... Look at the big picture so you don't take profits too early but also don't be the 'long-term' investor that only turn up when the market is at the top... It's difficult to time when any market would top but hopefully by February '22, I'd be well locked into profits.... One thing the crypt0 market is good at is wiping off profits that have not been taken off

P.S.... the coyn I was expecting a 10x from was shib.... Its already given me a 3-4x

On coins I'm looking at,
Im mostly in position already and buying on a day when betece is at ATH is usually not the best but from what I hold, these are the macro moves I'm looking at happening soon

1. Eith... On the weekly, it's breaking out of a massive cup and handle pattern whose neckline is at 4k... A weekly close abv 4k confims the breakout... A retest would be a gift

2. Sol... Looking at number 4 above, it looks ready to be go on its second rally.... This should at least make it see 300

3. Doge... The hype around it has died down... Me thinks its getting ready for a move...

4. Dot.... Looks to have been consolidating for weeks... Heard theres some upcoming event for it... Me thinks its ready for price discovery...

5. One.... Has looked good for a while.

Generally, I'd say the digns were there for a while... For macro traders, a large section of ones portfolio should have been allocated by now

Thank you for your input.

Ada is always one coyn thats worthwhile holding.... It's been a strong performer for sometime and its rallies tend to alternate with eith...
News wise, it's smart contracts haven't really taken off...

From a marco view, it looks to be forming another base around 2 just like it did at 1 dollar earlier this year... As bitc0in seems to be set on another rally and of course an alyt rally afterwards, this might be the final loadup point for Ada....

I've staked my ada for 3 months and would look to add up as close to 2 dolls as possible.

Wow...

Thanks once again for creating this thread sailor1

I can see you dropped LINK out of your portfolio?
Any reason why you did this?

Shakitibob0:
Wow...

Thanks once again for creating this thread sailor1

I can see you dropped LINK out of your portfolio?
Any reason why you did this?

I still own link....
Trutg be said, it hasn't performed well of late and it's staking rewards are not great.... But I have a liking for link... Perhaps, it's just me being emotional.... But the coyn blessed me in the past...

I'm done buying link for this run... Below 30 was my sweet spot and I've accumulated enough there

One thing I've been stressing for months here is simple.....

No one can say when this next rally will yop but one thing is certain, most will be bullish at the top and lose their profits... Thats a constant in crypt0...


I've been stressing this for months and cant stress it enough.... If you're going to profit successfuly from this rally, then by now, you should have identified the coyns that'd form the base of your portfolio....
There's a decent chance that most coyns could do a 3x from current positions in the nect 6 months.... Alot of folks would be aimlessly jumping from one coyn to another in the belief that they're day trading.... While this can be good and very profitable for those good at it, most end up buying tops and selling bottoms in the name of day trading....
Someone who accumulated early is better able to appreciate the overextension of the market and know when its time to start averaging out...


I'd say the best way of managing risk in crypt0 is knowing when to average into the market.... Someone who accumulated bitc0in at 30k is not losing sleep over minor moves.... and fact is that group would be the ones to average out before the top while those who say bought at 70k will be calling for higher numbers.

I can't beg folks enough to look at the big picture... That's the ultimate purpose of this thread.. The rally that happened towards the end of last year seems to be repeating itself...... If we don't learn from past mistakes, then we're doomed

On splitting a portfolio.... This is something everyone should decide for themselves... I'd share how I do mine. It's worth noting that examples I gave are not exhaustive but most coys would fit into one of these groups.

There are several types of coins in this space. When I allocate my portfolio, I usually have this broad overview in my head to know what goes where... So I don't end up selling winners to buy losers


1. The market movers- this is limited to betece and eith and to some extent Ada.... These one's have stood the test of time...

2. Exchange coyns- during every alt season most exchanges pump their native coyns, I tend to have one or two in my portfolio..these incl bnb, ftt and the rest... Also, most exchange tokens have their siblings.. so when the leader is moving, one can expect te rest to follow. E.g bnb and cake, bake e.t.c.
Added to this group could also be some defi exchange tokens such as crv, dydx, uni...

3. The top 10-20 solid coyns: these are usually coyns that have their own ecosystem or Blockchain... They incl dot, uni, link, sol.... They tend to move at a good pace to. If the market moves, they move. They also have good structure and one knows where to take profits.. I also add one or two to my portfolio

4. These are coyns that could give insane profits but are equally as risky... I have a place for them as listed abv but wouldn't make them the bulk of my portfolio... These incl shib, doge....

5. The blue chip.... These are coyns you picked up on your research that you believe have huge potential but are not really proven... They can turn out to be flops or big wins... I'd include ksm, one, kava, icp, grt... in this group... They can be silent achievers. Coys that give huge profits with few knowing

6. Sport tokens... These are still relatively new and similar to meme coyns, buy they do have a potential for huge upside when you buy the proper dip on them...

7. Micros... These are no name coyns which usually pump towards the later phases of an alyt season... Most are practically useless but would give a 2x overnight... These coyns litter twhe whole place, and sadly seen to be where most folks are invested....

Bitc0in and eith weekly closes give me different vibes... Hence just taking the market by the groove


On bitc0in, it had a nasty wick to the upside but still managed to close above 60k... Such wicks into support are 50:50. usually play out in two ways... either a short term pullback if 60k doesn't hold as before... Or the opposite if 60k refuses to budge... I'm being conservative here given that bitc0in has rallied from 40k to 60 in abt a month...
On a pullback, I'd target the daily and weekly supports currently at 59 and 50k respectively


Eith gives a clearer picture as I stated above... The cup and handle has completed with a confirmed breakout above 4k... A retest is a good buy spot...

Please I am new to anything Cryptocurrency/digital currency. And I have been trying to read up this trend from tops.. I don't seem to understand a whole lot of things. Please who can I link up with for explanations and how to start. BASICS... PLEASE

Follow our other thread on Nairaland and ask questions you may have: crypto currency investment thread. Someone will assist, a lot of newbies there.

ayummy:
Please I am new to anything Cryptocurrency/digital currency. And I have been trying to read up this trend from tops.. I don't seem to understand a whole lot of things. Please who can I link up with for explanations and how to start. BASICS... PLEASE

What you'll need:
1. Solana wallet. If you don't already have one you can open one on:
https//www.sollet.io/ or
https//www.solflare.com/

Don't forget to save your seed phrase online and offline. Very important.

2. Chrome browser
3. A twitter account
4. And a VPN app to access your twitter account.

After creating your wallet, go to their website here:

https://www.botheredotters.com/?ref=2PKBmkZnZXC8bQbFc8UgdX2jEUKesvyQkJ8f35KwxkxZ

Next on the website, click on Offer Shelter, then you'll be asked to connect your Solana wallet, select yours from the different wallet types listed, input your wallet password to unlock and connect the wallet.


Next, authorize your twitter account (make sure your VPN is on), follow them on twitter (https://twitter.com/BotheredOtters?t=M_3OPAAlrOpX6KH_57L8bQ&s=09)

Lastly input captcha to prove you're not a robot.

Renew hourly for six hours before you start earning.

Jedisco please your thoughts on psg coin at the moment. I read you talking about it being at a good buy $21

Do you still have the same sentiment?

ThisisIkemefuna:
Jedisco please your thoughts on psg coin at the moment. I read you talking about it being at a good buy $21

Do you still have the same sentiment?

I'm still not in yet as I'm looking to cycle some profits from shib into it...

20 isn't a bad buy... 18 would be a nicer one...

Two reasons why I'm stalling...
1. I want it to print a green weekly candle first...
2. Bitc0in is currently at the daily support... If this does not hold, it should tumble over to the weekly support which would see a dip market wide...

All said, such coyns can move quickly and sometimes, it pumps qhen bitc0in is dipping... In the grand scheme... Its at a good buying level

Of recent, one has done well while keeping off the news... I like such coyns

Been flexing this since 0.1... added at 0.16 and recently at 0.25...

One has it's own blockchain which is heading in the right direction. As stated above, I group it among the possible blue chips... The issue with them is that some if you catch the right ones, you go smiling... And it can be difficult to say which will do well as it's not just due to technicals but also how their products pan out... Some of the others I thought will do well e.g ICP have been quite disappointing.


I'm almost done selecting coyns I want to hold for the entirety of this run.... My trading pattern now is to find possible inflection points where I can sell and compound my stash in a given coyn. For example with one, I increased my portfolio size by 25% by selling some  at 0.15 and buying back at 0.1

For now, my focus on coins I hold is split into two
1. To earn passive income on them by by staking some portion
2. To increase the absolute numbers of the coyn I hold... Not so bothered about the dollar value now.... So what I do is target local tops to sell and buy back lower so as to increase my stash...

If things go according to plan and we have another rally, in the next 3- 6 months, I'd switch my pattern towards taking profits off rallies/closing my positions and putting them into other things outside Crypt0 or staking stables for rewards...
Simply put, that's my trading plan for the next 6 months - 1 year

Recently, I came across coindix(dot)com and I'm really loving it as far as all things defi goes...

Its a one stop for most things defi... One can easily see what lending protocols operate on different smartchains or even search for specific assets...

I used to use stakingrewards(dot)com and defillama(dot)com which are still good comparison sites but this has been better....

Thanks to coindix, very recently got to know that aave has deployed on avax... Had to start making some passive income... Good thing with other chains like avax are that fees are much lower...

The rates might not seem like much in a rapidly moving market like crypt0 but I've seen that it's surprising how much one can earn on coyns one would have otherwise held..

Staking also helps prevent one from making kneejerk reactions which usually come back to bite in the long-term...

Hi Jedisco. I'm a fan. You doing good work. Keep it up bro.

So, I am here to ask about your Shiba. You bought yours back when the price was like really low. I would had followed you then but I was broke. But I bought some at 3800.

Now, how long do you think this Shiba Inu run will last and have you taken profit or holding for the long term? Like would it be wise to take profit now or wait for another zero to be cancelled? To me, Shiba shows great promise, but even more importantly has lotsa fanatical Shiba Army fanboys who are prepared for war and willing to sell their kidneys to buy more Shiba Inu.

Plus, are there some promising shitcoins on your radar?