Alert ⚠️. There are high chances of sudden dump from 90k to 80-82k to attract more investors to invest before crossing 100k. All are advised to set stop loss.
**How Peer-to-Peer (P2P) Scams Work on Binance and Other Platforms** vote me for binance creater awards🎁 P2P scams involve tricking users through the trading system. Here’s how these scams usually occur:
1. **Fake Payment Proof**: Scammers send fake proof of payment, like altered screenshots or fake transaction IDs, to make it look like they’ve paid. Believing the payment is complete, the victim releases the cryptocurrency, but the payment was never made.
2. **Payment Reversal**: After getting the cryptocurrency, the scammer may use a stolen bank account or credit card. When the real account owner notices the unauthorized transaction, they reverse it. This leaves the victim without their cryptocurrency and without the payment.
3. **Impersonation**: Scammers might pretend to be Binance support or other trusted figures to trick users into giving up funds or sensitive information.
4. **Overpayment Scam**: A scammer might overpay for the cryptocurrency and then ask for the extra amount back. Once the victim returns the excess, the scammer reverses the original payment, causing the victim to lose both the cryptocurrency and the returned money.
5. **Fake Disputes**: Scammers might file a fake dispute or appeal on Binance, claiming they didn’t receive the cryptocurrency or that there was a problem. This can lead to a lengthy dispute process where the victim might lose out.
### How to Protect Yourself: - **Confirm Payments**: Make sure the payment is actually in your bank account or wallet before releasing the cryptocurrency. - **Check User History**: Look at the trading history and reputation of the person you’re dealing with. - **Use Escrow Services**: Binance’s escrow service holds the cryptocurrency until both parties confirm the deal is done. - **Communicate Through the Platform**: Keep all communication within Binance to have a record in case of problems.
$BTC fall before hitting its high 67k-68k. So it will pump again may be slowly with "up and up and down and up and up" movements. Even it dump again... it will hit 67k soon in few days. Those who are in loss don't sell their assets and hold them. Spot traders should not need to be worry if they have hold on good coins who are not going to be delisting. Because delisting is major problem in spot trading.
I advise you trade like WHALES 🐳 You will never see them to take SHORT positions. They take long position in $BTC and $ETH and after these reach their high positions and consolidate then they sell them and buy stable ALT coins (coins other than BTC) which are at their low price. But never go for short positions. Short positions are actually trapping and worst thing in trading that is actually gambling.
#MYRO/USDT #MYROUSDT #BTC☀ According to my prediction #MYROUSDT will be BULLISH and ATH. Waiting for the #binance to list this coin on Spot. One of the profitable coins in SOL Ecosystem. Even if btc gets bullish it will go ATH or doubles in number.
Looks like bearish market but it will be bullish after taking short positions upto about $BTC $67k to $68k before going to huge dump to liquidate long positions from this level before entering winter of Bullish in October Then from October $BTC will rise again towards new ATH of >1lac #CryptoMarketMoves
#BinanceBlockchainWeek #BTC price by the end of October (31st October) according to my prediction will be around about $64000 after taking huge dump in September..
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
I'm share about meme coin #Myro Soon everyone will see the significant #Bullish movement either with the stability of #btc or soon after change trend of market to bullish at the end of September and start of October just after huge dump of #BTC to liquidate maximum long positions And I think market will continue to down till end of September with some bullish sentiments to collect maximum long positions to liquidate before starting of bullish trend at end of September