Come get what you deserve - How to: Make A LOT of MONEY on the Binance NANO giveaway:
Background info: >Heavy accumulation past weeks/months. >Bitgrail FUD still popping up, exchanges still have node issues and suspending deposit/withdrawals. Things generally looking bad for NANO eventhough the tech is superior to many coins. >Market Maker needs to end consolidation and create some good news to start next pump. >Binance "magically" announces NANO giveaway as consolidation ended. (Giveaways sponsored by 3rd party; someone paid for this)
What really happened in case you are slow: >Market Maker re-accumulated and paid Binance to legitimise the coming pump - since they also will win the competition and Binance will reward the MM with more NANO after they played the bad reg traders.
What to notice in the coming pump: >Giveaway based on NANO volume - Consolidation ended, price is going up as you read this - thus: Join the pump or watch it happen. >As the competition is about to end, prepare for massive dump on FOMO traders & Raiblocks/NANO "community members" (Past and future bagholders).
How to profit from this if you are new: >Buy NANO on pullbacks/dips. >Ride the trend and watch for news/twitter/reddit and shilling in general. >When the competition is about to end (couple of days in advance), sell your stack on big green candles and once the market turns, then sell on retracements to higher highs. >Another indicator is when giveaway news/shilling peaks.
What to do after the competition ends: >Buy the dump/"dip" after competition ends and watch it retrace and consolidate to cool off and then go for a new ATH: In short, BTFD and ride the next altseason. The giveaway will kickstart the next NANO ATH. >Sell NANO when the consensus (news, shilling) is that it will become a top 3 coin. Unload your bag slowly as it breaks ATH and goes for price discovery. This will probably take some time and because of all the community members that love NANO, they can bring it to incredible highs. Make rules for unloading and stick to them, eg. sell 5% of your stack for every $5 increase in price.
WATCH THE VOLUME - DO NOT HODL, LOSE MONEY AND BECOME A COMMUNITY MEMBER: >Watch volume on higher highs and retracements - this will tell you when the direction flips and the real retracement/bleed begins. >Remember: This is where community members are made. Do not become one of them.
Asher Peterson
>Remember: This is where community members are made. Do not become one of them.
NANO team paid for the comp, there's a screenshot from discord somewhere. They are probably gonna unload wallets in a few days or by the end of the comp.
Owen Gomez
im in. NANO has so much to grow from its ATH that this will easily go $15-$17 in the next few days.
Tyler Garcia
interesting, but: how to read volume user?
Camden Foster
Alternatively, buy and hold promising projects when everyone else loses interest. I bought XRB at $0.11 and I'm holding for at least 5 years.
Parker Foster
Bought at $3, not gonna do shit, too scared to decrease my holdings.
Benjamin Roberts
See and You should have sold in the beginning of january - duh, I know. If you love the project so much, you would have greatly benefited from selling at ATH and bought back all of your NANO for a fraction of the ATH price. All the pump for nothing but your hopes are dreams. Do not dream, ACT. I was dumping like crazy on Bitgrail since new year's eve and people were eating the orders like they were nothing. Watch the price action and act accordingly. Good news only come with increase in price. I am teaching you valuable lessons here.
Jackson Johnson
I don't get why the competition means nano will pump.
Anthony Jenkins
That is incredibly useful advice for anybody who can predict the future - thank you.
Im not trying to time the market, too risky for me. If I were timing, I would have likely sold at $1 and waited for the dip that never came. Either that or trapped my funds in bitgrail. Buy and hold is much safer and fits my work style better.
David Jackson
How can you not comprehend "Watch the price action and act accordingly" LOL.
Also, I am handing the future to you RIGHT NOW, ON A SILVER PLATTER.
Read the OP again. I am here to help you. :-)
Logan Lee
the competition encourages to trade with nano, so the demand increased, pumping the price. Now, any whale who accumulated previously could just completely ignore the competition and dump his bags on these inflated prices
Thomas Myers
Yeah I didn't actually read what the competition involved.
I can see how it might cause a pump, but equally, could go the other way couldn't it? Either a lot of buying or a lot of selling.
Nathan Cook
>Buy and hold is much safer
Please do not buy into this. Sure, if it "fits your work style better", but the above statement is really not true for extremely volatile assets like crypto. Please notice how every single altcoin retraces to square 1 after they have pumped. Losing 95% of your capital from holding is NOT a safer choice, please realise this. I am trying to help you the best I can. Realise that holding causes pain both financially and (thus) emotionally.
Matthew Nguyen
Your 'help' would likely have cost me $70k in NANO
John Morales
If I were looking for safe, I wouldn't be here. I'm looking for the future. Not my fault if others see glimpses get excited and then forget what they saw. Buy and hold means I don't have to reconsider what I envision the future to be daily. Less likely to make mistakes.
Michael Rodriguez
Great points. Notice the accumulation phase. Now notice the earlier accumulation/distribution phases. The MM will NOT sell for a mere 15% gain. The coin is still too illiquid to market dump and thus they will need hype and momentum followed by volume to distribute properly. Now notice the earlier Raiblocks/NANO pumps. This will be a new ATH, especially with community members like hyping and shilling the coin.
Trade this.
Adrian Collins
Me give information for free, you do trading. Me sell top, you sell bottom. Me profit, you miss out.
Me help != you sucking at trading.
Jaxon Evans
The ATH was 275k sats. I dont think it can get much higher than that.
Henry Adams
This is only true if you understand what the future will hold. If you cannot know for certain, your strategy will involve you losing money and possible your life. "Less likely to make mistakes" = losing 99% of your portfolio over 6 miserable months and ending up hanging yourself. HODL = HANG.
Chase Ramirez
>Who would ever buy Bitcoin for more than 5 dollars when it is worth 1
Ayden Taylor
What do you think is a safe way to keep your profits without touching anything fiat? Keepinf it on btc and eth?
Lincoln Ortiz
It would have to go to over 5 billion usd cap to do that. Seems unlikely so soon desu but hopefullu happens.
Aiden Smith
Yes, it does involve being confident in my vision of the future. That is why I'm diversified, to combat my own lack of foresight. I did fall 70% during the downturn. It was stressful. Know what would have been more stressful? Selling 300k worth of nano for BTC without moving any out to USD because tax laws were unclear and I didn't realize trades were taxable events.
So to reiterate:
* Taxes would have wiped me * Bitgrail would have wiped me * I would likely have sold at $1
Instead I'm sitting comfy, with a plan and have taxes paid. Guess I just suck at trading.
Michael Roberts
>majority of Jow Forums are LINK and REQ community members kek
Isaac Bell
tell that to teeka. buying into promising icos and projects at ground zero is 100 times better than stressing behind memelines if you know what you're doing.
Lincoln Johnson
>Guess I just suck at trading.
Unironically true, which is why you should stick to fundamentals basedboy
Elijah Russell
Alright you have convinced me. Gonna buy some nano. I fully expect it to crash now.
Adam Edwards
We know the MM to be incredibly brutal - I can ensure you that they did not unload all of their supply as they needed it to push price down and for accumulation. Anyways, you could be right. It depends on bitcoin $ value too - if much lower than in december/january (which it is now), then a NANO/BTC ATH is even more likely. In your case, you could simply buy and sell near the ATH for retrace, then watch volume and momentum for potential breakout and price discovery.
Bentley Collins
The NANO devs sponsored the competition, it was confirmed on the NANO Discord.
Adam Ross
gj boys, we reeled in another 'community member'!
David Rivera
You can x1 short BTC futures on Bitmex. Consider it syntethic USD. This way you will hold the BTC in "USD".
Trade this NANO play, use profits to short x1 on Bitmex. If you want to be a good goy, use this ref-link and get lower fees when shoting - you will help me out too: bitmex.com/register/VZ3IF6
Tyler Thomas
I love your response. Great points and great self-insight.
Kevin Robinson
Ok.
Thanks for the info. If i trusted bitmex not going bust i would do that but until theres a DEX where you can short, i think im too paranoid to do that. Wouldnt like to lose all my money if bitmex disapeared tomorrow.
Oliver Taylor
I'm liking this new meme against hodling when all statistics have proven it gives you the biggest gains with lowest risk. Keep trading your way to poverty thinking you can predict daily/weekly market manipulation, Opie.
Jonathan Butler
Also, why are you "helping us" and "giving us valuable info for free"?
Dylan White
Made supra $1 million on Raiblocks alone. Other than that, I did over 10.000% last year. This is the easiest market in the world to trade, just don't be stupid.
Wyatt Reed
Because I have made more money during december/january than I would have in 50 years of wageslaving. I want this for every sad Jow Forums goy around here - trade this or not, I only have good intentions.
Kevin Harris
Any other coins you like that will do good after Nano that you know of?
Josiah Evans
So how will I know when it is the right time to sell?
Gabriel Lopez
Sounds a bit credible ;). Thank you.
Evan King
>Made supra $1 million on Raiblocks alone In what timeframe with how much initial capital?
Damn you got pretty defensive here and exposed your larp. Better luck next time, Opie!
Elijah Flores
Well, I can tell you about two of my other trades. KMD and WABI are looking prime now (They follow the same market rythm as NANO) - however, I had my entry some time ago. Am up 50-70% on both now, so my entry and profit is secure. You could trade the breakout for sure. Once the altseason has begun, the momentum will be extreme.
Use coinmarketcal.com/ to find news on the coins that you are looking into. Eg. WABI are planning to implement masternodes - this will drive prices up. Don't buy into the whole masternode thing though, just dump a couple of days before MN release, buy your masternode coins on the retracement if you want passive MN income.
But look into upcoming news, think at least 3 days ahead, a couple of weeks is great too for bigger swings. If you play the long game, look into >EOY news/implementations.
Evan Ward
Oh btw OP. It wasnt a "MM" that paid for the binance thing. It was the devs. Dunno how that affects your whole analysis.
Michael Carter
Sure, thanks for the bump. :-)
Joshua Carter
So what you are basically saying is "do what the competition says" ?
Hudson Powell
Does not matter much to be honest - the devs too know how to time the market. Just watch how they postponed the rebrand to match the market sentiment.
Lucas Parker
Oh ok. Thanks for the info. Hopefully they go up after the whole Nano thing happens and not meanwhile or before.
Oh ok then.
Ryder Williams
Not sure how to respond to this - one can only buy, sell and "HODL", thus only "HODL" would be different from what the giveaway/competition "says". Now I literally do not want you to hold any bags, because that fucking sucks - so sure, I am telling you to do what the competition says, just do not be stupid about it.
Kevin Ortiz
Advices/books/resources for poor ass newbies like me? 100$ of profit per month w/o 24/7 monitoring shit would be great. Still dunno how to trust a coin when there are thousands of them already and errybody say that their shit is better than other shits.. uhm
You do not trust coins, simple as that. You follow your own system and trade it, no matter the emotions you have. When you think about buying something very expensive, or when you are bragging out your balance, then you start selling. Trust me on this.
Xavier Evans
Came back to check on how you're doing, Opie.
Oh.... Well better luck next time, faggot.
Luis Perez
Google the Wall Street Cheat Sheet - people meme it all the time, but it is a reality in all markets on all timeframes. Burn it into your mind. Also, if you like books, read something by Larry R. Williams and Richard Wyckoff
Jacob Roberts
1) Being this short minded. No wonder you cannot swing trade. 2) Still not larping, cashed out majority of my holdings in january and scaled into crypto again the last couple of weeks. 3) Thanks for bumping the thread again.
Austin Hill
Thx, sir ! Appreciate your help
Adam Barnes
Specifically Larry R. Williams will give you concrete insight into trading strategies and price action.
Jayden Jones
Also, buy this dip...
Dominic Clark
Thx again, boss. I`ll get my piece of cake for the glory of user, I SWEAR 2 GOD !!!.... um... but now I`m just a poor ass russian nigga, who ain`t even have a smartphone *oops*
Joshua Rogers
Thanks dude. You are one of the few people on this board that knows what they are talking about.
Connor Perry
this is genuinely gonna be one of the big runs the coming weeks.chart is super primed, a community full of bagholders who bought at $30 and wont sell low.
Juan Garcia
He literally called a 5 min, 4% trade. Just nail ONE of these trades a day and you will snowball to crypto riches within eoy.
Julian Peterson
No problem, lads. I will help you all I can. I have read my fair share of material on financial markets. Murphy is another great author on classic technical analysis, but I think I learned the most from R. Williams, Wyckoff and Gann (Gann's work is very hard to read and there is so much misinformation about applying his trading strategies. He was an expert tape reader, and he shares much insight in his works, but Gann should only be researched after you are already a profitable trader. Do NOT start with Gann stuff!!)
I know you dont have any favorite coins, but what proyects do you like?
Camden Anderson
No one can time the exact top all the time That's why you only sell a small portion at a time Sure, you would have lost money on the portion you sold at $1, but you would have made more than enough to make up for that by selling at $30 and rebuying at $5-10
Samuel Gomez
lol this is why you don't become a "community member"
>When you think about buying something very expensive, or when you are bragging out your balance, then you start selling. That was the sign it was time to start selling my KCS.
Ian White
Hmm.. I can share some of my favourite projects: Bitcoin, Dragonchain, Waves and well, NANO. About NANO, I really hope to see some staking implementations. I think it will add both node incentive and inflation, which will increase the usage/adoption/whatever, but of course will have negative impact on NANO as a store of value. Overall, however, I think it would benefit the entire project. But in the end I will trade every shitcoin in existence. True degen.
sold all my nano recently when i learned eos will have similar TXs and zero fees
doesnt this make nano obsolete?
Luis James
yes but we can still profit with this obvious pump and dump
Jacob Morales
Why do you like Waves and DGN? Do you think they will go up soon?
Liam Lewis
EOS is a total shitcoin, only good for trading/stealing bitcoin from other traders.
Colton Gomez
you fell for the john oliver fud didnt you...
Jackson Davis
VerthagOG just wrote this, thought you would like to read it: medium.com/@VerthagOG/investment-analysis-of-waves-7c925190ad4c
DRGN is super solid tech backed by giants - price has bled SO much = a LOT of community members. Plus, it has a cool name that crypto noobs will love straight away. Now is a great time to scale into it, it had a small leg up but still bleeding/consolidating right now.
I think both of these projects will be some of the greatest gainers of 2018
Joseph Walker
Thanks for the info and that's great. I have some waves but seems unlikely that its gonna go to satoshis ATH. Any other coin i should not ignore?
Hunter Allen
It is very likely to ATH :-)
Zachary Ortiz
That would be great, but why do you think so?
Alexander Roberts
Look at the breakout volume and momentum behind. No more sellers left in the market, that's why price bottomed and now goes up. When there are no more buyers then the market tops, flips and bleeds. Raiblocks bleeding was a great example: When there were no more sellers, and price/volume/hype increased, then price went through the roof because people did not want to sell, people wanted to BUY. Once all who wanted to buy in bought in, then supply/demand reached equilibrium and market flipped because supply side started dominating. These are very important concepts. Price does not find a bottom because buyers show up all of the sudden - price bottoms out because there are no more sellers. Once sellers are gone, price increases, volume follows and a new cycle begins.
Juan Nguyen
Listen... can I get one of your contacts e.g. telegram or email? I`m pretty sure when I read those books I will have some questions cuz all that biz & crypto stuff are super unfamiliar for me. Of course the Internet is a big thing, but fast response from an expert voice is better in my situation. I wouldn`t bother you 24/7, just learn some skills, hints & stuff. Sure I should do this by myself, lose dem money, and lose dem nerves, but after 6 years in university I rly feel dried n shit... and after all those pains my salary ~$300 per month..... I must eat some of taht crypto-cake asap or I`ll be dead on those poor, cold and murky "Motherland".
Matthew Walker
Ok. Thanks for being so helpful man, i really apreciate it. I hope i can make it with Waves and Nano. I dont have any Dragonchain but hopefully it goes up after them, not before.
I dont even know how to cash out yet because there are no bitcoin services in my country so i will have to do international transfer from kraken or something if they ever aprove my submition. But i need a plan B just in case and i want it to be decentralized so no tether. Was thinking into getting DAI, seems like my only choice right now.
Dominic Baker
Look up Mistertango if you are in Europe - you get a Lithuanian bank account that you can "send BTC" to and they convert it to Euro for you. You can get a MasterCard too within a couple of weeks. Remember your taxes when cashing out, you do not want to be investigated - better declare something than plain 0.
Joshua Wright
Read R. Williams' book: Long-Term Secrets to Short-Term Trading (Second Edition)
Let me answer you in a bit.
Sebastian Cook
I'm in south america but i'll check out if that solution could work for me. Thank you very much. And yes, i will pay the gubmint so that they dont botter me.
Blake Anderson
This is obviously a stress test for the new node version. Coinbase have asked NANO to prove the stability of the node to cope with their volume.
Julian James
Aite, nvm, thx to ya and wish you good health (no money needed already, huh?!) (^_^)
Austin Turner
Cheers, mate. Also, to be honest with you, I made a great amount, but I sure as hell want to make more. It will enable me to help more people than I am doing today. Family and friends first, but I can do greater things for more people.
I hope this thread reached people interested in actually learning something and making some money while they are at it. Crypto is life-changing, don't stress the next pump; analyse and anticipate it. Seek to understand the underlying mechanics of the market and trade probabilities like a robot.
Kayden Jackson
>he too is a student of Wyckoff
My man
Once you mix in a little VAP with your VPA, alongside a fundamental understanding of the powers and psyche of market makers, you're gold
Kevin Wood
Yes, completely true. This is really nothing but textbook Wyckoff. People do not realise how little they need to research in order to get profitable in crypto. Everybody can do it.
Ryan Russell
so that's it? moving sideways for the whole day? should I just dump now? or is anybody expecting another ATH attempt?
Noah Hughes
Another ATH attempt? There has not been a new ATH attempt yet. Competition has not even started yet either. Do you realise this is a several days swing? Yes, it will go for ATH, but not yet. Let the market do its thing and have your orders ready..
Cameron Reed
Have some patience :-) Giveaway starts very soon.
Dylan Morgan
This is unironically the best post here. No "act accordingly!!!" vague bullshit. Just pick a solid project and know your limits and the amount of time you want to actually use sitting and staring at trades.
Lucas King
holy shit -- thank you
question -- how will this affect btcusd ethusd bnbusd prices