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RaygRuiz
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Bullish
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๐ Gm, crypto enthusiasts!
Open interest in
#Bitcoin
futures has hit a new record high of $39.46B, suggesting an imminent price spike.
With 75% short-term holders in profit and
$BTC
dominance on the rise, are you ready for the big jump? ๐๐ธ
DYOR and like for more! ๐
#BTC
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estoy dentro mi amigo! ๐
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๐ Airdrops can be an excellent opportunity, but also a trap. Before connecting your wallet to any protocol: โ ๏ธ Verify that they don't ask for unlimited permissions on your funds. โ ๏ธ Avoid interactions with suspicious contracts. โ ๏ธ Investigate if the project has a solid track record or is a potential rug pull. A good airdrop is a reward, not a hook for scams. ๐๐ #Airdrops #CryptoScams #SecurityTips
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๐ The worst mistake in crypto is selling out of fear and the second worst is holding on to a bad investment. โ If a token drops, analyze: is it FUD or are there fundamental reasons? โ If a project changes its roadmap, check if it still aligns with your goals. โ If a team stops building, don't continue out of โhope.โ Don't fall prey to emotion or attachment. Rational portfolio management is the key. ๐๐ #cryptotrading #RiskManagement #dyor
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๐จ โNot your keys, not your coinsโ ๐จ Every cycle we see exchanges collapse and users lose their funds. If you don't control your private keys, you have no real control over your money. โ Use cold wallets for the long term. โ Keep only what is necessary in exchanges. โ Research platforms well before entrusting them with your assets. Decentralization loses meaning if you rely on third parties to store your crypto. ๐ #NotYourKeysNotYourCoins #CryptoSecurity #Web3
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๐ An APY of 1000% does not mean you will make money, it means the token supply is inflating. Many protocols promise astronomical returns, but: โ If the inflation of the token is high, its price will plummet. โ If the incentives are not sustainable, the early exits win and the late exits lose. Look for projects with solid economics, not just unrealistic returns. ๐ง ๐ฐ #incentives #Token #protocol
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