🏦 KEEPING YOUR CRYPTOCURRENCIES ON AN EXCHANGE DOES NOT ELIMINATE THE RISK.
And understanding that can save you a lot of trouble.
Today’s news about a possible security incident involving Binance reminds us that, in the crypto world, it’s not enough to keep an eye on the price of Bitcoin.
We also need to consider where and how we hold our money.
🔐 Three concepts every investor should know:
1️⃣ EXCHANGE A platform that lets you buy, sell, and trade cryptocurrencies. The convenience of using one doesn’t mean it’s risk-free.
2️⃣ SELF-CUSTODY Taking control of the keys to your own cryptocurrencies through a personal wallet. It gives you greater control, but also greater responsibility: losing your keys could mean losing access to your funds.
3️⃣ RISK MANAGEMENT Diversifying how you hold your assets, enabling security measures, and understanding the risks of each platform can help protect your wealth.
⚠️ Important: using your own wallet doesn’t guarantee absolute security either. There are risks of phishing, key theft, transfer errors, and technical vulnerabilities.
My recommendation as a Crypto Accountant in Mexicali: don’t just ask how much you could earn.
Also ask yourself:
💡 Where are my assets? 💡 Who controls the keys? 💡 What would happen if I lost access to my account? 💡 Do I have a recovery plan?
The first rule for growing your wealth is understanding how you could lose it.
Do you prefer to keep your cryptocurrencies on an exchange or use your own wallet? Why?
📉 Do you have money available and want to enter the crypto market? Read this first.
One of the most common mistakes is investing all your capital in a single trade because we think the price has already hit bottom.
The problem is that no one can know an asset’s lowest price for certain.
One alternative you can look into is dollar-cost averaging, or DCA:
✅ Divide your capital into several purchases. ✅ Set amounts and dates in advance. ✅ Avoid making impulsive decisions. ✅ Keep some cash available for unexpected expenses.
Important: buying gradually doesn’t guarantee profits or prevent losses if the market keeps falling.
Your strategy should be tailored to your goals, investment horizon, and risk tolerance.
Question: If you had $10,000 MXN to invest, would you invest it all at once or make several purchases?
💵 The digital dollar is changing the way money moves.
Imagine you need to send value to another country, pay an international supplier, or hold digital funds without being directly exposed to Bitcoin price fluctuations.
That’s where stablecoins come in.
🔹 They aim to maintain a stable value relative to a reference asset, such as the dollar. 🔹 They can facilitate digital transfers. 🔹 They are used within the crypto ecosystem.
But be careful: a stablecoin is NOT the same as having dollars in a bank account.
There are risks related to issuers, reserves, liquidity, regulation, and loss of the peg.
As an accountant, my recommendation is to understand the instrument before using it.
A question for business owners in Mexicali:
Would you use digital dollars to pay your international suppliers if they were suitable for your business?
🚨 Is Bitcoin in trouble, or is the market putting us to the test?
This Thursday, the crypto market is facing pressure after the U.S. Federal Reserve kept interest rates unchanged.
📊 During the day: ₿ Bitcoin is hovering around $80,000 USD. 🔹 Ethereum is trading near $2,300 USD. 🟡 BNB is hovering around $740–750 USD. 💧 XRP is trading at around $1.29 USD.
Prices change constantly; these figures are market references, not guaranteed prices.
💡 My thoughts as the Mexicali Crypto Accountant:
A drop does not automatically mean a buying opportunity. Before investing, review your strategy, your liquidity, and how much you are willing to lose.
⚠️ Be careful about trading with borrowed money or using leverage when the market is volatile.
I’d like to ask you: what are you doing right now?
1️⃣ Buying gradually. 2️⃣ Waiting for a clearer signal. 3️⃣ Protecting liquidity.
🚨 One click can cost you dearly in the crypto world!
Before connecting your wallet or authorizing a transaction, remember:
🔐 Never share your seed phrase. 🔎 Verify addresses and links. ⛔ Be wary of messages promising guaranteed profits. ✅ Enable the security features available for your account.
Security doesn’t start after you lose your funds. It starts before you make a transaction.
💬 What security measure do you consider essential?
$MEDJ 🌴 WHAT DOES A DATE PALM HAVE TO DO WITH BLOCKCHAIN?
Much more than you might think.
I’m Carlos Patiño, from Mexicali, and I’m developing Medjool Token, a project that aims to connect agriculture with blockchain technology.
My vision is to explore how digital traceability, crop data, and real-world assets (RWAs) can bring agriculture closer to a new generation of investors.
Why am I interested in this path?
🌱 Because food is essential. 🔗 Because blockchain can bring transparency to certain processes. 🌎 Because agriculture can innovate, too.
But there’s something fundamental: tokenization doesn’t automatically turn an asset into a profitable investment or guarantee ownership rights.
Technology must be supported by documentation, transparency, and a verifiable economic model.
My goal is to build a bridge between the Mexican countryside and the digital economy.
💬 If you could connect a traditional sector with blockchain, would you choose agriculture, real estate, energy, or infrastructure?
Today I’m watching a short on $AINUSDT after the parabolic pump. The price rose more than +120% in 24h and briefly reached around 0.17. RSI is very overbought on higher timeframes, and funding is high and positive (longs are paying). My personal plan: • I’m looking for a rejection in the 0.155–0.165 zone • Targets around 0.14, then 0.11–0.113 • Stop above the recent high This isn’t financial advice; it’s my analysis and risk management. The market could keep rising, and there’s a risk of a squeeze. What do you think of this AIN short? Would you enter, or would you rather wait for confirmation? Trade wisely. #BinanceSquare #ContadorCripto #AINUSDT #Futures #CryptoTrading #Binance #Altcoins #Trading #RSI #Funding