Investing in crypto can be an exciting and potentially profitable venture, but it's important to approach it with caution and diligence to ensure your investments are safe. Here is a guide on how to start investing in crypto safely:

1. Educate Yourself: Before diving into the world of crypto investing, take the time to educate yourself about blockchain technology, different cryptocurrencies, and how the market works. Understanding the basics will help you make informed investment decisions.

2. Choose a Reputable Exchange: Select a reputable cryptocurrency exchange to buy, sell, and trade cryptocurrencies. Look for exchanges that have a good track record of security and user protection measures.

3. Secure Your Investments: Use secure wallets to store your cryptocurrencies. Hardware wallets like Ledger or Trezor offer an extra layer of security by keeping your private keys offline. Avoid keeping large amounts of cryptocurrency on exchanges as they are more vulnerable to hacks.

4. Diversify Your Portfolio: Diversification is key to reducing risk in any investment strategy. Invest in a mix of different cryptocurrencies to spread out your risk.

5. Do Your Research: Before investing in any cryptocurrency, conduct thorough research on the project, team, technology, and market potential. Avoid investing based solely on hype or speculation.

6. Set Realistic Goals: Have a clear investment strategy and set realistic goals for your investments. Avoid making impulsive decisions based on market fluctuations.

7. Stay Updated: Stay informed about the latest developments in the cryptocurrency market by following reputable sources like news websites, forums, and social media channels.

8. Beware of Scams: Be cautious of scams and fraudulent schemes in the crypto space. Avoid investing in projects that promise unrealistic returns or use aggressive marketing tactics.

9. Use Two-Factor Authentication: Enable two-factor authentication (2FA) on all your accounts for an extra layer of security. This helps protect your accounts from unauthorized access.

10. Start Small: If you're new to crypto investing, start with a small amount of money to test the waters and gain experience before committing larger sums.

Remember that investing in cryptocurrencies carries inherent risks, and prices can be highly volatile. It's essential to do your due diligence, stay informed, and only invest what you can afford to lose. By following these guidelines, you can start investing in crypto safely and responsibly.
#StartInvestingInCrypto

Depositors are racing to qualify for the Manta CeDeFi points program before the project tags $500 million in TVL.
Manta’s new CeDeFi product is off to a bullish start, with the project attracting more than $120 million in assets within its first week.
Data from DeFiLlama shows Manta CeDeFi boasting $121.5 million in total value locked (TVL) following its debut on May 19. The impressive growth is likely spurred by Manta offering a two-month points program qualifying early adopters who deposit assets before the product surpasses a $500 million TVL for monthly MANTA airdrops.
“Manta CeDeFi unlocks opportunities directly to on-chain users beyond simply DeFi solutions,” Manta said in a blog post. “This CeFi + DeFi (CeDeFi) combination brings users with institutional-grade compliance and extensive financial agility.”
However, Manta CeDeFi’s user base appears heavily concentrated so far, with Colin Wu, a blockchain reporter, flagging that two whale wallets are responsible for nearly $100 million worth of CeDeFi's deposits.
Manta is the ninth-largest Ethereum Layer 2 network with a TVL of $768 million, according to L2beat.
Manta CeDeFi
Manta announced the launch of CeDeFi on May 19, describing the product as generating both CeFi and DeFi yields in parallel. Yields are earned through a combination of DeFi yields on the Manta Pacific chain alongside stablecoin funding rate arbitrage on centralized exchanges.
Custody services are provided by Ceffu, formerly Binance Custody. Binance Custody launched in December 2021 and rebranded to Ceffu in February 2023. Assets deposited to Manta CeDeFi are held by Ceffu, with users receiving on-chain “liquid custody tokens” representing their holdings on Manta Pacific that can be used for on-chain DeFi.
Funds are also “mirrored” to represent assets on the Binance centralized exchange via Ceffu’s MirrorX service, facilitating the execution of CeFi strategies.
“Ceffu generates revenue through Delta-neutral, low-risk trading strategies enabled by MirrorX,” Manta said. “This off-exchange settlement solution reflects assets on Binance, minimizing counterparty risk and accessing deep liquidity.”
Manta CeDeFi currently supports deposits in the form of ETH, StakeStone’s Ether liquid staking token, STONE, Bitcoin tokens wBTC and BTCB, and the stablecoins USDT, USDC, and wUSDM.
The price of MANTA last changed hands for $1.76 after rallying 25% from its all-time low of $1.40 one week ago
#MantaRWA $MANTA

Expert predicts that the Bitcoin price could reach the one million dollar mark by the end of 2024. The impact of fraud cases and the increasing demand for Bitcoin ETFs could fuel this rise.

Bitcoin, the leading cryptocurrency, is expected to experience an unprecedented rise according to expert forecasts. Samson Mow, a renowned Bitcoin expert and CEO of the Bitcoin-focused company Jan3, anticipates that the Bitcoin price will exceed the one million dollar mark by the end of 2024. In a recently conducted interview, Mow explained the reasons for his optimistic forecast.

Suppressed Price Due to Fraud

Samson Mow explains that the Bitcoin price has been suppressed for years, particularly due to fraud by companies like FTX. These actors sold Bitcoin in the past that they did not actually possess, which shook investor confidence and depressed the price. The uncovering of these fraud cases led to a significant price drop, from which Bitcoin has gradually recovered. Mow emphasizes that without these fraudulent activities, the Bitcoin price could have reached the 100,000 dollar mark years ago.

Increasing Demand and ETF Influence

Mow stresses that the introduction of Bitcoin ETFs has generated significant and steadily growing demand. This increased demand could surpass the previous negative effects of fraud and push the Bitcoin price further upwards. Additionally, Jan3 is actively working with governments and central banks worldwide to develop strategies for Bitcoin integration. Mow believes that the increased demand from institutional investors and sovereign wealth funds will have a significant impact on the price.

Global Adoption and Future Prospects

Another factor that could drive the price increase is the growing acceptance of Bitcoin by nations and institutions. Countries like El Salvador have already introduced Bitcoin as legal tender. Mow believes that more countries could follow, particularly through existing legal frameworks or new regulatory approaches. By collaborating with governments, Jan3 hopes to accelerate the transition from fiat currencies to Bitcoin.
In addition to state acceptance, grassroots movements like Bitcoin Beach or Bitcoin Jungle promote local adoption of Bitcoin. These movements, combined with increasing state support, could lay the foundation for broader use of Bitcoin as a means of payment. Projects like Jan3’s strategic partnership with a Bulgarian football club demonstrate how versatile adoption efforts can be.

Conclusion

The combination of growing demand through ETFs, state support, and broad adoption could drive Bitcoin to new highs. Despite the challenges of the past, the future of Bitcoin looks promising. Experts like Samson Mow are confident that the Bitcoin price could reach the one million dollar mark by the end of 2024, which would be a historic development for the cryptocurrency. This underscores the importance of Bitcoin as a pioneering financial innovation and a potential alternative to traditional currencies.

#write2earn🌐💹 #BTC #ETHETFsApproved #BNB

$BTC

$BNB

$ETH