🚨 Stay away from Scammers & Influencers 🚨
All of you know I love investing in #BTC but I will tell you not to go x20 long at resistance!
But there are influencers who tell their followers to go MAX long right now. They have over 1 million followers. He didn't tell you when to enter the trade. But now that the trade is in profit he will tell you to go all in! Those trades can be Paper Trade or somebody else trade.
Literally telling their followers they go x20 long ATM! While getting paid from Exchanges. And you tell me this Crypto space doesn't need regulations?
I believe in massive gains in #bitcoin in 2024-2025! But you cant just hold a x20 for 2 years. That is not how you do it!
I hold a short now as a Hedge using X5. This means if I have 5 Bitcoin. and I use 1 Bitcoin short X5 I eliminate all downside risk. I have to pay the fee and spread. Also roll over fee! Copied
Not Financial Advice. #dyor
