Common ways Newbie Crypto Traders lose their money
Pumped and excited to start trading , most newbie traders when starting their crypto journey encounter a lot of losses. Due to the happiness and desire to make quick profits, newbies easily make the following mistakes , that usually leads to lose of assets.90% of them are likely to engage in scam projects and also interact with websites that would steal their assets. Entering the world of cryptocurrency can be exciting, but it's important to be aware of potential risks and scams that newbies might face. Let's explore some ways newcomers can encounter losses or get caught up in scams in the crypto realm. FOMO stands for "Fear of Missing Out." It's a term used to describe the feeling of anxiety or apprehension that someone might miss out on a rewarding opportunity or an exciting event. FOMO often arises when people see others making significant gains or profits from a particular investment, causing them to feel pressured to join in quickly to avoid missing out on potential profits. This fear can lead individuals to make impulsive or rushed investment decisions without conducting proper research or analysis. As a result, they might invest in assets solely based on the fear of missing out on quick gains, disregarding the risks and potential downsides.They may feel compelled to buy into the asset at a higher price, fearing that if they don't act immediately, they will miss the chance for substantial profits.In summary, FOMO in the context of cryptocurrency investing is the fear of missing out on a lucrative investment opportunity, often leading individuals to make rushed or impulsive decisions based on the fear of not being part of a potentially profitable trend.🔥1. Lack of Knowledge:Newcomers might dive into cryptocurrency without understanding how it works. They could fall for misleading information or invest in projects they don't fully grasp. It's crucial to learn the basics and research before investing to avoid potential losses.🔥2. Pump-and-Dump Schemes:Some scammers try to inflate the price of a cryptocurrency by spreading false information, creating hype, and then selling their coins once the price rises. Newbies might get caught up in these schemes, buying at high prices and experiencing losses when the value drops suddenly.🔥3. Phishing and Fake Websites:Scammers create fake websites or emails that look like legitimate cryptocurrency platforms. Newcomers might unknowingly share their private keys or login details, leading to hackers stealing their funds. It's essential to double-check website URLs and avoid sharing sensitive information.🔥4. Ponzi Schemes:Scammers might promise high returns or guaranteed profits through investment schemes. Newcomers could be lured into these schemes, investing their money only to find out it was a scam, leading to financial losses.🔥5. Unregulated Exchanges and Tokens:Using unregulated exchanges or investing in new, unknown tokens can be risky. Some exchanges might not have proper security measures, and new tokens could be fraudulent or lack value, causing losses for newcomers.Staying Safe in the Crypto Jungle:To avoid falling victim to scams or encountering losses in cryptocurrency:- Educate yourself: Learn about cryptocurrencies and how they work before investing.- Verify information: Double-check sources and websites to ensure legitimacy.- Use reputable platforms: Stick to well-known and regulated exchanges for transactions.- Avoid FOMO (Fear of Missing Out): Don’t invest hastily due to hype or pressure.- Secure your assets: Use strong passwords, enable two-factor authentication, and store your funds in secure wallets.If you find this educative, please like ,share and follow. You can support us with Tips as this would help us earn money and create more content #xmucan #BTC
Today December 8, 2023, I am writing this to you, from my desk.
🔥$200 into Dogecoin at the rate of $0.097 would get you - 2041 $Doge
🔥$200 into Fantom at the rate of $0.35 would get you - 557 $FTM
🔥$200 into Solana at the rate of $70 would get you - 2.85 SOL
🔥$200 into MATIC at the rate of $0.87 would get you - 227.5 $MATIC
🔥$200 into BLUR at the rate of $0.49 would get you - 400.8 BLUR
🔥$200 into Cardano at the rate of $0.52 would get you - 382.6 ADA
🔥$200 into BLUR at the rate of $0.49 would get you - 400.8 BLUR
🔥$200 into SHIBA INU at the rate of $0.00001000 would get you - 20,000,000 $SHIB
🔥$200 into DYDX at the rate of $3.04 would get you - 65.74 DYDX
🔥$200 into Memecoin at the rate of $0.040 would get you - 4968 $MEME
🔥$200 into XRP at the rate of $0.64 would get you - 308 XRP
The total amount if invested according to the above is $2,200, to be honest, this is exactly how I would invest $2,200 if I had it.
in the next 24 - 48 Hours we @X mucaN would pin this post to our profile, and it will remain there, till we get to the bull market.
I Have one request, over here at Binance square, we @X mucaN create one of the best and most entertaining, educational, inspiring, and informative content (Articles, Post and Videos), we do wish we can hit 30,000 followers on or before the last day of the month and year.
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@Binance Square Official why are acting this way You can clearly see that this creator copied our work and yet you say you don’t see a problem here
Before we published that content, we first made some research on $NOT and discovered people were feeling bad for selling their bags
Then we went ahead to write on the endless opportunities in cryptocurrency
We also made reference to a statement made by cz
This creator copied everything and used Ai to rewrite what took us 7-9 hours to come up with and yet @Binance Square Official doesn’t have a problem with it
What now happens to originality!
Is this the reward we get for creating unique contents
What is now the point of creating original content when you can easily steal the work of another creator and rewrite with Ai without giving credit!
How do you see something wrong and act like it doesn’t matter
What is now the use of the post you published about plagiarism, when you see something like this and chose to ignore it, even after we reached out to you
Our style of writing is different, you will not see another Square profile here with our pattern of writing
At this point taking the post down won’t make any difference, you were unfair here
Why Selling Your NOTCOIN Early Wasn't a Mistake. Are you Feeling bad for selling your NOTCOIN on the launch day? NOTCOIN might be surging now, and some people are mocking early sellers, but remember, holding blindly can be risky. Changpeng Zhao of Binance once said, "If you can't hold, you won't be rich." Yet, this advice has led many investors into trouble when projects they held onto crashed.
In the world of cryptocurrency, it's essential not to get emotionally attached to any project. Your goal is to make smart financial decisions, not to fall in love with a coin. This fast-paced market requires you to act wisely. Many crypto airdrops don't survive after their initial hype. We've seen coins list at high prices, like $5.8, and then crash to $0.5 due to massive sell-offs. If you held 1000 coins that listed at $5.4 and watched them drop while others sold, you'd feel the pinch. Imagine waiting 15 months to a year for the price to bounce back. Can you afford to wait that long? What if your NOTCOIN dropped by 95%?
Many participants in the NOTCOIN airdrop were young individuals with immediate financial needs. Selling their coins helped them solve real problems, which is a significant win. The crypto space is full of opportunities and the cycle of opportunities is endless!
Just bear in my that in the world of cryptocurrency, more coins are coming and more exciting opportunities are on the horizon. It’s not the end of the road guys. Hold your head up and man up for these future opportunities. If you found this content educational, informative, or inspiring, please like, share, and follow us for more content. #NOT #cleefdinerogaming #Notcoinnews #NotcoinWatch
$NOT is just like $BTC and we sold all our NOTCOIN the day $NOT got listed
If you sold all your NOTCOIN just like us on the day of launch you don’t have to feel bad now NOTCOIN is pumping
A lot of people are laughing at Sellers for selling off their NOTCOIN quickly, you remember that cz quotes that says if you can’t hold you won’t be rich
That quote has lead a lot of people into destruction, a lot of people held unto some project until they crashed and turned into dust
Don’t hold any coin blindly, don’t fall in love with any project, you are here to make money and more money
Don’t feel bad for selling your NOTCOIN!!!!!
This is cryptocurrency,you need to play smart
A lot of crypto Airdrops don’t usually survive or make it out after doing Airdrop
We have seen several Projects get listed at $7.4 and due to massive sell off after Airdrop they crashed to down to $2.3
Imagine holding 1000 piece of a coin that listed at $7.4 and you didn’t sell off while others were selling, what if it takes the coin an extra 13 months to get to that listing price, can you wait that long ?
What if you held onto your NOTCOIN and it crashed down to -80% ?
Most of the people who participated in NOTCOIN airdrop are young people who have pressing problems and needs, and most of them made use of the money to solve their problems which is a big win
People missed Bitcoin but did not miss Ethereum People missed Ethereum but did not miss solana People missed Solana but did not miss Doge People missed Doge but did not miss PEPE
Opportunities are endless!!!! Ahhhhhhhhhhh
we were the first to drop NOTCOIN Airdrop on Binance Square and now we are telling you there is more and more to come!!!!!
If you find this educative,entertaining, informative and inspiring do well to give this post a like,Share and a follow to get notified when we drop our contents, you can also Buy Us a coffee with the Tip button below
We create amazing and awesome contents that you wouldn’t want to miss out on #xmucan #NOT
$NOT is just like $BTC and we sold all our NOTCOIN the day $NOT got listed
If you sold all your NOTCOIN just like us on the day of launch you don’t have to feel bad now NOTCOIN is pumping
A lot of people are laughing at Sellers for selling off their NOTCOIN quickly, you remember that cz quotes that says if you can’t hold you won’t be rich
That quote has lead a lot of people into destruction, a lot of people held unto some project until they crashed and turned into dust
Don’t hold any coin blindly, don’t fall in love with any project, you are here to make money and more money
Don’t feel bad for selling your NOTCOIN!!!!!
This is cryptocurrency,you need to play smart
A lot of crypto Airdrops don’t usually survive or make it out after doing Airdrop
We have seen several Projects get listed at $7.4 and due to massive sell off after Airdrop they crashed to down to $2.3
Imagine holding 1000 piece of a coin that listed at $7.4 and you didn’t sell off while others were selling, what if it takes the coin an extra 13 months to get to that listing price, can you wait that long ?
What if you held onto your NOTCOIN and it crashed down to -80% ?
Most of the people who participated in NOTCOIN airdrop are young people who have pressing problems and needs, and most of them made use of the money to solve their problems which is a big win
People missed Bitcoin but did not miss Ethereum People missed Ethereum but did not miss solana People missed Solana but did not miss Doge People missed Doge but did not miss PEPE
Opportunities are endless!!!! Ahhhhhhhhhhh
we were the first to drop NOTCOIN Airdrop on Binance Square and now we are telling you there is more and more to come!!!!!
If you find this educative,entertaining, informative and inspiring do well to give this post a like,Share and a follow to get notified when we drop our contents, you can also Buy Us a coffee with the Tip button below
We create amazing and awesome contents that you wouldn’t want to miss out on #xmucan #NOT
Changpeng Zhao, the billionaire founder of Binance, has begun his sentence at a low-security federal prison in Lompoc, California. Zhao's defense team at Latham & Watkins confirmed to CNBC that he is now in custody.
In April, Zhao received a four-month prison sentence after admitting to facilitating money laundering through his crypto exchange.
It is funny how 60% of our referrals are having more CATIZEN coins than we do
Meaning when there is an Airdrop, they will make more money from CATIZEN than we will and we are happy seeing our community members making money and doing some great things
Here is a $0 cost Crypto Airdrop that can earn you between $50 - $1000
Tap here to read a detailed step by step guide
“ 📣 Catizens! Catizen going online for 2 months and we have amassed 6M Catizens in Kittyverse!🌏
🔥Here are some data we'd like to share🔥 🐾 Total In-Game Catizens: 6M 🐾 Chain users: 610K
As the TON eco project has gained a lot of attention in this week, the Catizen family has also add many kitty fans!😼”
We came across this project a few weeks ago and we have see how dedicated they are in building and growing
We believe this project has a lot of potential And if you benefited from the update we dropped on $NOT a few months back that made you/some people over $300 then take this seriously
Just like $NOT in the early stage, this project is actually boring, but just try your best and be consistent
In the game, all you need is to have your cats and earn coins and you can also tap on your cat and merge it with another similar cat to upgrade the cat
We have missions for you to also complete and earn some rewards
To get started, tap and hold the l.ink below for 2-3 seconds to be able to copy it
https://tinyurl.com/mryjypwx
Paste it on your browser and open it with the required app, by now you should know the app we are talking about
Like,share and follow for more $0 cost Crypto Airdrop
Remember, don’t play with our crypto airdrop updates
We have made people money on this platform 💯 from sharing Airdrops with them
Our $XBL is worth $40(+) here is how to get positioned 🔥🔥🔥🔥
Cost: $0.00 ✅
Time: 2-3 minutes ✅
Level: easy , very easy ✅
Potential: $100 - $5000 ✅
Xblast is a new web3 ecosystem built on blast layer2
🛜What is $XBL? $XBL is a central piece for the #Blast_L2 ecosystem inside Telegra*. Because of meta-transactions, using $XBL lets you do real transactions on the blockchain, play games, and pay for transfers. How to mine $wXBL and earn $XBL for free?⛏️
Step 1: Tap and hold the link below for 2-3 seconds to enable you copy the sign up link
https://tinyurl.com/dss3ccmf
Step 2: After pasting the link, it will open the mining bot in the default app, or you will have to download it , when the bot is open , look by your left bottom, you will see the menu button ,tap it
Step 3: When you tap the menu button , you will see the “open xblast app /start” command , tap it to open the mining bot .
Step 4: After tapping it , a long message will drop , scroll down and you will see the “open app” button attached to it.
Step 5 Tap the button to launch the mining app , when it opens you will see you have started mining 0.104 wXBL/hour, claim it regularly , be very consistent and committed, accumulate as many as you can before launch.
You can also Tap the profile icon to connect your wallet
Reminder: Mine and accumulate as much $HOT as you can , you will be rewarded greatly
We are dropping more $0 cost Airdrop , do well to like , and follow us , when you follow us , you get notified when we drop contents
We posted this a few weeks ago, if you started , go and check your balance and see 😍😍😍😍
Our $XBL is worth $40 🔥🔥🔥🔥🔥🔥🔥
#xmucan #BNBChain
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