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never trust any #signalprovider on social media or on binance square.
never trust any scammer on comment sections on binance or anywhere else.
even if you created your binance account RIGHT THIS MOMENT, take a step back to learn about the crypto market. study the volatility, have patience, take small steps into crypto (aka don't go all in).
I thought #dior was stupid a while back; #Dior is simply not diving into the unknown without any knowledge whatsoever.
never trust any scammer on comment sections on binance or anywhere else.
even if you created your binance account RIGHT THIS MOMENT, take a step back to learn about the crypto market. study the volatility, have patience, take small steps into crypto (aka don't go all in).
I thought #dior was stupid a while back; #Dior is simply not diving into the unknown without any knowledge whatsoever.
Signal Providers are Big Scammers
This post is especially for those who are new to the world of crypto. I'm sharing my experience here to warn you about many people who will tempt you with free signals, show you dreams of huge profits, and then not only scam you out of your money but also cause you additional losses.
I am a regular Binance user, so my examples will mainly be related to Binance. You’ll mostly find such people in Binance square, WhatsApp, or Telegram free signal groups.
Here’s how they scam you:
1. They will offer you the first signal for free to showcase their signal accuracy. After that, they will demand 40% to 50% of your profits as a fee.
2. What they actually do is pick random "gainer" coins and ask you to place a trade. If it works out by luck, they will stay with you as long as you’re making profits. But as soon as you face a loss, they will block you.
3. They encourage you to trade with a margin of over 100 USDT and use a minimum leverage of 20x. If your trade goes into a loss, they’ll advise you to hold, but the trade keeps sinking further, and you get liquidated.
Precautions:
* Stay away from such scammers.
* Always use a stop-loss in your trades.
* Increase your knowledge and do your own research.
* Create and execute your trades independently.
Stay safe!
#2024withBinance #CryptoHistoricMoment
I am a regular Binance user, so my examples will mainly be related to Binance. You’ll mostly find such people in Binance square, WhatsApp, or Telegram free signal groups.
Here’s how they scam you:
1. They will offer you the first signal for free to showcase their signal accuracy. After that, they will demand 40% to 50% of your profits as a fee.
2. What they actually do is pick random "gainer" coins and ask you to place a trade. If it works out by luck, they will stay with you as long as you’re making profits. But as soon as you face a loss, they will block you.
3. They encourage you to trade with a margin of over 100 USDT and use a minimum leverage of 20x. If your trade goes into a loss, they’ll advise you to hold, but the trade keeps sinking further, and you get liquidated.
Precautions:
* Stay away from such scammers.
* Always use a stop-loss in your trades.
* Increase your knowledge and do your own research.
* Create and execute your trades independently.
Stay safe!
#2024withBinance #CryptoHistoricMoment