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👉 How do you protect your crypto bag funds? are they SAFU? 🚨 Protecting Your Crypto: How to Combat Scams & Rug Pulls 🚫💰 Crypto scams & rug pulls are lurking in the crypto world. Stay safe with these tips below in this POST 🔥 Research First: Investigate crypto projects thoroughly. Check the team, whitepaper, and community. Red flags? Steer clear. DYOR (Do Your Own Research): Don't rely on others' opinions. Trust your own analysis before investing. Secure Your Crypto Wallet: Use hardware wallets or reputable software wallets. NEVER share your private keys. 📢 Beware of Hype: FOMO can lead to crypto rug pulls. Be cautious of projects promising unrealistic gains. 🚫 Avoid Unverified Contracts: Verify smart contracts on platforms like Etherscan or BscScan to confirm legitimacy. ⚖️ Regulatory Compliance: Look for projects that adhere to regulations. This can reduce the risk of scams. 👁️ Audit Reports: Trust Crypto projects that undergo third-party audits. It's a sign of transparency. 🔒 Use DeFi Safely: Exercise caution in DeFi projects. Check for audits, liquidity locks, and governance transparency. 🚀 Slow & Steady: Don't rush into investments. Take time to evaluate and assess risks. 🔗 Cross-Check: Double-check URLs and official social media accounts. Scammers often use impersonation. Remember, staying safe in crypto requires constant vigilance. Keep these tips in mind to protect your investments. 💪🔒🚀
👉 How do you protect your crypto bag funds? are they SAFU?

🚨 Protecting Your Crypto: How to Combat Scams & Rug Pulls 🚫💰

Crypto scams & rug pulls are lurking in the crypto world.

Stay safe with these tips below in this POST 🔥

Research First:

Investigate crypto projects thoroughly. Check the team, whitepaper, and community.

Red flags? Steer clear.

DYOR (Do Your Own Research):

Don't rely on others' opinions. Trust your own analysis before investing.

Secure Your Crypto Wallet:

Use hardware wallets or reputable software wallets. NEVER share your private keys.

📢 Beware of Hype:

FOMO can lead to crypto rug pulls. Be cautious of projects promising unrealistic gains.

🚫 Avoid Unverified Contracts:

Verify smart contracts on platforms like Etherscan or BscScan to confirm legitimacy.

⚖️ Regulatory Compliance:

Look for projects that adhere to regulations. This can reduce the risk of scams.

👁️ Audit Reports:

Trust Crypto projects that undergo third-party audits. It's a sign of transparency.

🔒 Use DeFi Safely:

Exercise caution in DeFi projects. Check for audits, liquidity locks, and governance transparency.

🚀 Slow & Steady:

Don't rush into investments. Take time to evaluate and assess risks.

🔗 Cross-Check:

Double-check URLs and official social media accounts. Scammers often use impersonation.

Remember, staying safe in crypto requires constant vigilance.

Keep these tips in mind to protect your investments. 💪🔒🚀
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Once you get to making $100 a day, the next step is getting to $1000 a day. Scaling your trading sounds exciting, but most people do it wrong. Heres the proper way to scale: 🥷When you start to scale up you need to do it patiently and carefully, not going too heavy all at once. Lets say If you are trading $1k positions, increase by ~25% for a week and focus on monitoring you mentality while in the trades. 🥷Ask yourself: Was I more nervous using more size? Was I following my rules as tightly as before? Did I hesitate to take a clear setup? 🥷If you are feeling comfortable mentally, the next week scale up again by 25% of original position. ($1500 position now). And then repeat the same process over and over again. 🥷If you notice you arent feeling confident, size down half of how much you sized up and try again. After a few more weeks of this begin to size up more aggressively, repeating the same process of sizing up, then sizing down a bit. Taking 2 steps forward 1 step back. 🥷But this is only possible if you are very patient, disciplined, and have a proper trading plan. I traded my same 2 setups every single day and never strayed away from them. 🥷You also need to be very disciplined in you preparation. Chart your levels every night before the next day, and plan where you will take your trades and where you will cut them. Review all your trades each day after the market closes and keep note of mistakes you made. 🥷And only once yoy confident in your setups and ability to avoid certain mistakes, begin to scale up. So, dont rush the process. When you start slow youll slowly but surely be able to ramp up your position size and your profits
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