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Scam or Failure? 🤔
Many newcomers to cryptocurrency often confuse the terms "scam" and "failure." They tend to label any unsuccessful projects or launches as scams, which is not entirely accurate.
Scam refers to deliberate fraud with the intent of stealing your funds:
- NFT scams involving QR codes and links to fake websites.
- Invitations from fake accounts to private channels.
- Collecting money and then shutting down the project.
- Advertisements promising unrealistic returns.
Scammers frequently use the names of well-known projects to create fake ones, embedding drainers within them. Here’s how it typically works:
1. You connect your wallet to the site.
2. You initiate a transaction, which you can either accept or decline.
3. Upon confirmation, you unknowingly send your TON and other valuable assets to the scammer’s wallet.
The advantage of the TON ecosystem is that it clearly shows which funds will be debited. In other wallets, like MetaMask and Phantom, this transparency is not always present.
Cryptocurrency Security Tips:
- Stay informed and vigilant.
- Use a new or empty wallet for each project, without accumulated assets. Only keep small amounts for transaction fees or funds you are willing to lose.
- Learn to distinguish between a scam and a failure. In our chat, terminology is strictly monitored, and misusing these terms can result in a ban.
Examples:
- MINERALZ — a scam. The project's bot had a built-in drainer that stole millions of tokens.
- ONCHAIN — not a scam, but a failure. They distributed very little, the process was complicated, and it required excessive effort. This is not fraud, just unprofessionalism and a lack of respect for the community.
Save this information and share it with your friends. 📢
#ScamWarning #Newbies
Many newcomers to cryptocurrency often confuse the terms "scam" and "failure." They tend to label any unsuccessful projects or launches as scams, which is not entirely accurate.
Scam refers to deliberate fraud with the intent of stealing your funds:
- NFT scams involving QR codes and links to fake websites.
- Invitations from fake accounts to private channels.
- Collecting money and then shutting down the project.
- Advertisements promising unrealistic returns.
Scammers frequently use the names of well-known projects to create fake ones, embedding drainers within them. Here’s how it typically works:
1. You connect your wallet to the site.
2. You initiate a transaction, which you can either accept or decline.
3. Upon confirmation, you unknowingly send your TON and other valuable assets to the scammer’s wallet.
The advantage of the TON ecosystem is that it clearly shows which funds will be debited. In other wallets, like MetaMask and Phantom, this transparency is not always present.
Cryptocurrency Security Tips:
- Stay informed and vigilant.
- Use a new or empty wallet for each project, without accumulated assets. Only keep small amounts for transaction fees or funds you are willing to lose.
- Learn to distinguish between a scam and a failure. In our chat, terminology is strictly monitored, and misusing these terms can result in a ban.
Examples:
- MINERALZ — a scam. The project's bot had a built-in drainer that stole millions of tokens.
- ONCHAIN — not a scam, but a failure. They distributed very little, the process was complicated, and it required excessive effort. This is not fraud, just unprofessionalism and a lack of respect for the community.
Save this information and share it with your friends. 📢
#ScamWarning #Newbies
Could it be Shib inu or LunC?$
I have been seeking🔎good coins with long-term future potential.
As a newbie LUNC and Shib inu keep coming to me🤓.
👉This is my research. Advice kindly do your best personal research as this is not a bit of financial advice in any way.
I am only thinking out so loudly 🤔
#TradeNTell #Write2Earn #Newbies
I have been seeking🔎good coins with long-term future potential.
As a newbie LUNC and Shib inu keep coming to me🤓.
👉This is my research. Advice kindly do your best personal research as this is not a bit of financial advice in any way.
I am only thinking out so loudly 🤔
#TradeNTell #Write2Earn #Newbies
Mastering Wise Crypto Trading: Strategies for Success
Introduction:
Entering the dynamic world of cryptocurrency trading can be both thrilling and challenging. With the right strategies, however, you can navigate the volatility and make informed decisions. In this article, we'll explore key principles to help you trade wisely in the crypto market.
Educate Yourself:
Before diving into trading, invest time in understanding the basics of blockchain technology, various cryptocurrencies, and market trends. Knowledge is your most potent tool in making informed and strategic decisions.
Set Clear Goals and Risk Tolerance:
Define your trading goals and determine the level of risk you are comfortable with. Establishing clear objectives will guide your decisions and help you avoid impulsive moves driven by market fluctuations.
Diversify Your Portfolio:
Avoid putting all your eggs in one basket. Diversification helps mitigate risks associated with individual assets. Consider spreading your investments across different cryptocurrencies to balance potential gains and losses.
Keep Emotions in Check:
Emotions can cloud judgment and lead to irrational decisions. Develop a disciplined approach by setting predefined entry and exit points. Stick to your trading plan, and don't let fear or greed dictate your actions.
Stay Informed:
The crypto market is highly sensitive to news and developments. Stay updated on industry news, regulatory changes, and technological advancements that may impact the market. This knowledge will enhance your ability to anticipate trends.
Use Technical Analysis:
Technical analysis involves studying price charts and market indicators to predict future price movements. Learn basic technical analysis tools to identify trends, support, and resistance levels, empowering you to make more informed trading decisions.
Practice Risk Management:
Implement risk management strategies, such as setting stop-loss orders, to protect your capital. Only invest what you can afford to lose, and avoid making high-risk trades without thorough consideration.
Choose Reputable Exchanges:
Select well-established and reputable cryptocurrency exchanges. Research the security features, fees, and available trading pairs. Using trustworthy platforms reduces the risk of fraud and ensures a smoother trading experience.
Learn from Mistakes:
Every trader faces setbacks. Instead of dwelling on losses, view them as learning opportunities. Analyze what went wrong, adjust your strategy, and apply the lessons to improve future trades.
Start Small and Scale Gradually:
Begin with a modest investment and gradually increase your exposure as you gain experience. This approach allows you to learn the intricacies of the market without exposing yourself to significant risks.
Conclusion:
Successful crypto trading requires a combination of education, discipline, and strategic planning. By staying informed, managing risks, and adopting a disciplined approach, you can navigate the crypto market wisely and increase your chances of long-term success. Remember, patience and continuous learning are key elements in mastering the art of cryptocurrency trading.
Ty for your amazing support, to continue our jounrey to be miloners dont forgot to follow and tip the creator, stay tuned for the next post guys, Happy trading.
#tradewisley #Newbies #DYOR🟢.
$BTC $ETH $BNB
Entering the dynamic world of cryptocurrency trading can be both thrilling and challenging. With the right strategies, however, you can navigate the volatility and make informed decisions. In this article, we'll explore key principles to help you trade wisely in the crypto market.
Educate Yourself:
Before diving into trading, invest time in understanding the basics of blockchain technology, various cryptocurrencies, and market trends. Knowledge is your most potent tool in making informed and strategic decisions.
Set Clear Goals and Risk Tolerance:
Define your trading goals and determine the level of risk you are comfortable with. Establishing clear objectives will guide your decisions and help you avoid impulsive moves driven by market fluctuations.
Diversify Your Portfolio:
Avoid putting all your eggs in one basket. Diversification helps mitigate risks associated with individual assets. Consider spreading your investments across different cryptocurrencies to balance potential gains and losses.
Keep Emotions in Check:
Emotions can cloud judgment and lead to irrational decisions. Develop a disciplined approach by setting predefined entry and exit points. Stick to your trading plan, and don't let fear or greed dictate your actions.
Stay Informed:
The crypto market is highly sensitive to news and developments. Stay updated on industry news, regulatory changes, and technological advancements that may impact the market. This knowledge will enhance your ability to anticipate trends.
Use Technical Analysis:
Technical analysis involves studying price charts and market indicators to predict future price movements. Learn basic technical analysis tools to identify trends, support, and resistance levels, empowering you to make more informed trading decisions.
Practice Risk Management:
Implement risk management strategies, such as setting stop-loss orders, to protect your capital. Only invest what you can afford to lose, and avoid making high-risk trades without thorough consideration.
Choose Reputable Exchanges:
Select well-established and reputable cryptocurrency exchanges. Research the security features, fees, and available trading pairs. Using trustworthy platforms reduces the risk of fraud and ensures a smoother trading experience.
Learn from Mistakes:
Every trader faces setbacks. Instead of dwelling on losses, view them as learning opportunities. Analyze what went wrong, adjust your strategy, and apply the lessons to improve future trades.
Start Small and Scale Gradually:
Begin with a modest investment and gradually increase your exposure as you gain experience. This approach allows you to learn the intricacies of the market without exposing yourself to significant risks.
Conclusion:
Successful crypto trading requires a combination of education, discipline, and strategic planning. By staying informed, managing risks, and adopting a disciplined approach, you can navigate the crypto market wisely and increase your chances of long-term success. Remember, patience and continuous learning are key elements in mastering the art of cryptocurrency trading.
Ty for your amazing support, to continue our jounrey to be miloners dont forgot to follow and tip the creator, stay tuned for the next post guys, Happy trading.
#tradewisley #Newbies #DYOR🟢.
$BTC $ETH $BNB
hello people.
I had 2 open positions on binance futures, with SL on both as open orders.
i just opened binance now, and my SL are removed by themselves, but I still have the positions opened.
when i try to put SL again, this error keeps showing up.
what to do now?
#Helppost #needhelp #error #sl #Newbies
I had 2 open positions on binance futures, with SL on both as open orders.
i just opened binance now, and my SL are removed by themselves, but I still have the positions opened.
when i try to put SL again, this error keeps showing up.
what to do now?
#Helppost #needhelp #error #sl #Newbies
USTC/USDT SPIKES +300% WITHIN 24 HOURS. SHOULD YOU TRADE NOW?
#USTC/USDT #newlistings #Newbies
USTC/USDT has indeed made an outstanding +300% pump in the past few hours. Why?
HERE IS THE BACKGROUND STORY
USTC is the initials of Terra Classic USD that was launched in September 2020, originally called USDT. It made a significant performance but later crashed so hard in 2022. This great loss perhaps was a disguised blessing for its sister coin LUNA. It’s been a year now since USTC crashed thus it’s massive comeback may not be surprising after all.
Nonetheless as a new trader for either Spot or Futures, the picture in this article marked yellow is your cue. The figures next to “You” is always the actual price you should look at before trading. That is, the numbers in grey colour is the actual price for you to look at.
In addition, you could sometimes use some info on Binance as your cue. Example
Arrow 1 near the green numbers in the picture are the traders buying and arrow 2 near the red numbers are those selling. Sometimes the last numbers on both sell and buy can show the direction of the chart candles. The larger the amount is on the sell side, the steeper the candle falls hence the price decrease. Vice versa.
In this picture you see the long green candles at the time of this post? it means more are buying while few are selling thus scarcity sets in. This makes the price of the coin higher. As to whether you should buy or not depends on your research and analysis. Trade wisely.
More lessons coming. Cheers to USTC for its comeback🌹🌹🌹
Follow, share and comment if you like more fro this post.
#USTC/USDT #newlistings #Newbies
USTC/USDT has indeed made an outstanding +300% pump in the past few hours. Why?
HERE IS THE BACKGROUND STORY
USTC is the initials of Terra Classic USD that was launched in September 2020, originally called USDT. It made a significant performance but later crashed so hard in 2022. This great loss perhaps was a disguised blessing for its sister coin LUNA. It’s been a year now since USTC crashed thus it’s massive comeback may not be surprising after all.
Nonetheless as a new trader for either Spot or Futures, the picture in this article marked yellow is your cue. The figures next to “You” is always the actual price you should look at before trading. That is, the numbers in grey colour is the actual price for you to look at.
In addition, you could sometimes use some info on Binance as your cue. Example
Arrow 1 near the green numbers in the picture are the traders buying and arrow 2 near the red numbers are those selling. Sometimes the last numbers on both sell and buy can show the direction of the chart candles. The larger the amount is on the sell side, the steeper the candle falls hence the price decrease. Vice versa.
In this picture you see the long green candles at the time of this post? it means more are buying while few are selling thus scarcity sets in. This makes the price of the coin higher. As to whether you should buy or not depends on your research and analysis. Trade wisely.
More lessons coming. Cheers to USTC for its comeback🌹🌹🌹
Follow, share and comment if you like more fro this post.
Just Getting Started?
Have you heard of DCA or Dollar-Cost Average?
This approach is said to be ideal for beginners, those who want to minimize risk, those with a small tolerance for the market's high volatility, small investors, and long-term investors, like those wishing to have a retirment fund.
What is DCA about?
The idea is for you to invest the same amount of money regularly paced. For example, let´s say to have 50 USD spare cash each month. As soon as you cash your paycheck, you buy 50 USD worth of your crypto of preference. You do that every month.
How does it work?
Easy peasy. Today 1 Solana is worth USD 137. Your 50 USD buy 0.36 Sol.
When you get your paycheck in May, 1 Solana is 250 USD. Your 50 buy 0.2 Sol
In June Solana is 122. You buy 0.40.
By the end of June you have 0.96 Sol bought at an average price of USD 169.
What´s so great about that?, you may ask. After all, if I buy at 122 I would get 1.22 Sol.
You're absolutely right. But, do you know when the price will plumet? Do you know when it is likely to go up? Do you have the time to constantly monitor the market so you don't miss the jackpot? Do you have the time and willingness to read the news constantly to try and anticipate a major change? Would you know how some event might impact the crypto world? Are you willing to spend hours learning how to read candlestick charts? Are you emotionally prepared to see your investment lose a half of its value for weeks at a time? That's what traders and brokers do. They have huge earnings, but huge loses too.
So, you can't anticipate when Sol is going to be 1232and when 250. Imagine you see your favorite crypto going down for hours. You want to buy more, but what is the price you want to pay? 200? Ok, you buy at 200 and then it ends up going down to 122. What if you wait till it gets lower than that, and then rises rapidly to 250 before you can buy? Bitcoin reached 60,000 yesterday and stayed there for less than 2 hours. those things happen.
What Dollar Cost Average does for you is make sure in the long run you are not buying at the highest prices. This approach yields more modest gains in comparison with good trades , though.So it is up to you to decide whether it is for you or not. Do your own research. If you want to read more, this is a good place to start: https://bitpay.com/blog/dollar-cost-averaging-crypto/
If you found this information useful, please hit the Like button. Thanks!
#Write2Earn #beginners #Newbies #newmembers #Dollarcostaverage
This approach is said to be ideal for beginners, those who want to minimize risk, those with a small tolerance for the market's high volatility, small investors, and long-term investors, like those wishing to have a retirment fund.
What is DCA about?
The idea is for you to invest the same amount of money regularly paced. For example, let´s say to have 50 USD spare cash each month. As soon as you cash your paycheck, you buy 50 USD worth of your crypto of preference. You do that every month.
How does it work?
Easy peasy. Today 1 Solana is worth USD 137. Your 50 USD buy 0.36 Sol.
When you get your paycheck in May, 1 Solana is 250 USD. Your 50 buy 0.2 Sol
In June Solana is 122. You buy 0.40.
By the end of June you have 0.96 Sol bought at an average price of USD 169.
What´s so great about that?, you may ask. After all, if I buy at 122 I would get 1.22 Sol.
You're absolutely right. But, do you know when the price will plumet? Do you know when it is likely to go up? Do you have the time to constantly monitor the market so you don't miss the jackpot? Do you have the time and willingness to read the news constantly to try and anticipate a major change? Would you know how some event might impact the crypto world? Are you willing to spend hours learning how to read candlestick charts? Are you emotionally prepared to see your investment lose a half of its value for weeks at a time? That's what traders and brokers do. They have huge earnings, but huge loses too.
So, you can't anticipate when Sol is going to be 1232and when 250. Imagine you see your favorite crypto going down for hours. You want to buy more, but what is the price you want to pay? 200? Ok, you buy at 200 and then it ends up going down to 122. What if you wait till it gets lower than that, and then rises rapidly to 250 before you can buy? Bitcoin reached 60,000 yesterday and stayed there for less than 2 hours. those things happen.
What Dollar Cost Average does for you is make sure in the long run you are not buying at the highest prices. This approach yields more modest gains in comparison with good trades , though.So it is up to you to decide whether it is for you or not. Do your own research. If you want to read more, this is a good place to start: https://bitpay.com/blog/dollar-cost-averaging-crypto/
If you found this information useful, please hit the Like button. Thanks!
#Write2Earn #beginners #Newbies #newmembers #Dollarcostaverage
See original
$BTC $ETH $BNB
Alert for New Crypto Investors who do not know how to currently behave in the Crypto market!
The Crypto market currently is currently on the verge of taking off with Bitcoin which is hesitating a little between passing the new milestone to soar towards a new record at $100,000 and falling back towards $65,000 with the corrections.
It should be noted that the tendency of Altcoins in general is to follow the upward or downward movement of Bitcoin.
So while Bitcoin is in a rebalancing phase to know its new direction to learn, for those new who don't know too much about the market, the current position is to fold your arms, keep your current tokens intact, don't buy or sell nothing apart from stablecoins like USDT and FDUSD until the new direction of the crypto market is clearly defined by the definitive movement of Bitcoin within a few days.
Remember this is just my analysis, do your own research to take your own positions.
Just to guide new Crypto Investors who don't know how to behave currently.
Like and share to enlighten other newbies in the market.
#NewCryptoInvestor #Newbies #Newusers #NewInvestor #BTC
Alert for New Crypto Investors who do not know how to currently behave in the Crypto market!
The Crypto market currently is currently on the verge of taking off with Bitcoin which is hesitating a little between passing the new milestone to soar towards a new record at $100,000 and falling back towards $65,000 with the corrections.
It should be noted that the tendency of Altcoins in general is to follow the upward or downward movement of Bitcoin.
So while Bitcoin is in a rebalancing phase to know its new direction to learn, for those new who don't know too much about the market, the current position is to fold your arms, keep your current tokens intact, don't buy or sell nothing apart from stablecoins like USDT and FDUSD until the new direction of the crypto market is clearly defined by the definitive movement of Bitcoin within a few days.
Remember this is just my analysis, do your own research to take your own positions.
Just to guide new Crypto Investors who don't know how to behave currently.
Like and share to enlighten other newbies in the market.
#NewCryptoInvestor #Newbies #Newusers #NewInvestor #BTC
New to Binance?
Here’s what to do first: KYC.
And here’s how 🔽
What is KYC?
‘Know Your Customer' (KYC) is a process where you verify your identity on Binance. It's like showing your ID to prove who you are.
How to Complete KYC on Binance:
Log into Binance: Go to your account.Find KYC Verification: Look for the verification section. Provide Information: Give your name, address, and date of birth. Submit Documents: Upload a photo of your ID (like a passport or driver's license) and a selfie.
Wait for Verification:
Binance will check your documents. It usually takes a few days.Why is KYC Important?Security: It helps keep your account safe from fraud.Legal: Binance follows laws to prevent illegal activities like money laundering.
🙌🏻 Merits of KYC:
- Increased Limits: Verified accounts can withdraw and trade more.
- Access to Services: Some Binance services need KYC.
- Security: Reduces the chance of identity theft.
☠️ Demerits of KYC:
- Privacy Concerns: You share personal info with Binance.
- Time-Consuming: It takes time to get verified.
- Possible Data Risk: If Binance gets hacked, your data might be at risk.
Remember, KYC is a key step to securely use Binance and access all its features.
#binance #kyc #Newbies
Here’s what to do first: KYC.
And here’s how 🔽
What is KYC?
‘Know Your Customer' (KYC) is a process where you verify your identity on Binance. It's like showing your ID to prove who you are.
How to Complete KYC on Binance:
Log into Binance: Go to your account.Find KYC Verification: Look for the verification section. Provide Information: Give your name, address, and date of birth. Submit Documents: Upload a photo of your ID (like a passport or driver's license) and a selfie.
Wait for Verification:
Binance will check your documents. It usually takes a few days.Why is KYC Important?Security: It helps keep your account safe from fraud.Legal: Binance follows laws to prevent illegal activities like money laundering.
🙌🏻 Merits of KYC:
- Increased Limits: Verified accounts can withdraw and trade more.
- Access to Services: Some Binance services need KYC.
- Security: Reduces the chance of identity theft.
☠️ Demerits of KYC:
- Privacy Concerns: You share personal info with Binance.
- Time-Consuming: It takes time to get verified.
- Possible Data Risk: If Binance gets hacked, your data might be at risk.
Remember, KYC is a key step to securely use Binance and access all its features.
#binance #kyc #Newbies
NEWBIE! DON’T KNOW YOUR WAY AROUND? STOP 🛑
JOIN MY CHANNEL: WE ARE STARTING FROM SCRATCH; leaning how to use the app, features on the app. Let’s get the bag 🤑💰
TAP TO FOLLOW ME 📝
#crypto #new #Newbies #Write2Earn
JOIN MY CHANNEL: WE ARE STARTING FROM SCRATCH; leaning how to use the app, features on the app. Let’s get the bag 🤑💰
TAP TO FOLLOW ME 📝
#crypto #new #Newbies #Write2Earn
Binance Launchpool Welcomes Ether.Fi's Exciting Token Release
Ether.Fi to Launch New Token on Binance Launchpool:チャンス到来！ (Chansu ga Kita! - Opportunity is Here!)
Ether.Fi, a hot new project in the crypto world, is launching its token, ETHFI, on Binance Launchpool next week! This is exciting news for crypto enthusiasts looking to get involved in innovative projects early on.
In this LocademiaCripto guide, we will delve into the key questions about this project. Remember, if you need a comprehensive understanding of what ETHFI is, I have published a guide on the subject. Click on my profile, then navigate to articles, and you'll find the guide there :)
What is Ether.Fi?
Ether.Fi is a type of liquid staking protocol. Imagine you have some Ethereum $ETH , the popular cryptocurrency. Normally, staking your ETH to help secure a network can be a bit complicated. Liquid staking protocols like Ether.Fi aim to make things easier. They allow you to stake your ETH and still have access to it in a more flexible way.
Read more #educational info: ETHFI ... WHAT?
What is Binance Launchpool?
Binance Launchpool is a feature on the Binance exchange that lets you earn new crypto tokens. You "stake" your existing crypto holdings (like Binance Coin (BNB) or FDUSD and in return, you receive rewards in the new token being launched. It's a great way to be among the first to get hold of a new project's tokens.
If you are from #Newbies group, you should start from the bottom. Consider making a small investment in BNB or the stablecoin FDUSD to participate in the launchpool. The risk is the lowest in the market... I will discuss the risks shortly.
What's the Deal with ETHFI?
There will be a total of 1 billion ETHFI tokens ever created.20 million ETHFI (2% of the total) will be rewarded through Binance Launchpool.There will initially be 115.2 million ETHFI circulating (11.5% of the total).
What are the Risks?
While Ether.Fi sounds promising, it's important to remember that all crypto investments involve some risk. Liquid staking can offer additional benefits, but it may also come with slightly higher risks than traditional staking methods.
Many people tell me that it's not right to recommend participating in launchpools because we would be suggesting buying a volatile coin that could decrease in price, as is the case with the cryptocurrency BNB. It might be priced at "x" now, but in the next few minutes, it could be more (or less). No one knows the future! However, it's also possible to participate in launchpools with non-volatile coins, such as FDUSD, which is a cryptocurrency tied to the value of the American dollar. Binance allows direct and commission-free conversion in trading between FDUSD and USDT, enabling users to switch between FDUSD quickly and at a lower cost. It's essential to note that 1 FDUSD is not identical to 1 USDT; there's always a tiny price difference due to the market's supply and demand dynamics.
Ready to Dive In?
The launch of ETHFI on Binance Launchpool is a chance to get involved with a new and exciting project in the crypto space. Do your OWN research, understand the risks involved, and if you're comfortable, Binance Launchpool provides a way to stake your existing crypto and potentially earn rewards in the new ETHFI token.
Not sure about all the crypto jargon? No problem! Let me know if you have any questions and I'll be happy to explain things in a simpler way. But please, remember this: 😊 LocademiaCripto is a solo effort, powered by one individual's dedication. Your outpouring of appreciation is deeply acknowledged.
Please consider showing some love by following and sharing! No strings attached, just spreading the crypto vibes! #TrendingTopic
🙌 This information is for informational and educational purposes only. It does not constitute investment advice.
Ether.Fi, a hot new project in the crypto world, is launching its token, ETHFI, on Binance Launchpool next week! This is exciting news for crypto enthusiasts looking to get involved in innovative projects early on.
In this LocademiaCripto guide, we will delve into the key questions about this project. Remember, if you need a comprehensive understanding of what ETHFI is, I have published a guide on the subject. Click on my profile, then navigate to articles, and you'll find the guide there :)
What is Ether.Fi?
Ether.Fi is a type of liquid staking protocol. Imagine you have some Ethereum $ETH , the popular cryptocurrency. Normally, staking your ETH to help secure a network can be a bit complicated. Liquid staking protocols like Ether.Fi aim to make things easier. They allow you to stake your ETH and still have access to it in a more flexible way.
Read more #educational info: ETHFI ... WHAT?
What is Binance Launchpool?
Binance Launchpool is a feature on the Binance exchange that lets you earn new crypto tokens. You "stake" your existing crypto holdings (like Binance Coin (BNB) or FDUSD and in return, you receive rewards in the new token being launched. It's a great way to be among the first to get hold of a new project's tokens.
If you are from #Newbies group, you should start from the bottom. Consider making a small investment in BNB or the stablecoin FDUSD to participate in the launchpool. The risk is the lowest in the market... I will discuss the risks shortly.
What's the Deal with ETHFI?
There will be a total of 1 billion ETHFI tokens ever created.20 million ETHFI (2% of the total) will be rewarded through Binance Launchpool.There will initially be 115.2 million ETHFI circulating (11.5% of the total).
What are the Risks?
While Ether.Fi sounds promising, it's important to remember that all crypto investments involve some risk. Liquid staking can offer additional benefits, but it may also come with slightly higher risks than traditional staking methods.
Many people tell me that it's not right to recommend participating in launchpools because we would be suggesting buying a volatile coin that could decrease in price, as is the case with the cryptocurrency BNB. It might be priced at "x" now, but in the next few minutes, it could be more (or less). No one knows the future! However, it's also possible to participate in launchpools with non-volatile coins, such as FDUSD, which is a cryptocurrency tied to the value of the American dollar. Binance allows direct and commission-free conversion in trading between FDUSD and USDT, enabling users to switch between FDUSD quickly and at a lower cost. It's essential to note that 1 FDUSD is not identical to 1 USDT; there's always a tiny price difference due to the market's supply and demand dynamics.
Ready to Dive In?
The launch of ETHFI on Binance Launchpool is a chance to get involved with a new and exciting project in the crypto space. Do your OWN research, understand the risks involved, and if you're comfortable, Binance Launchpool provides a way to stake your existing crypto and potentially earn rewards in the new ETHFI token.
Not sure about all the crypto jargon? No problem! Let me know if you have any questions and I'll be happy to explain things in a simpler way. But please, remember this: 😊 LocademiaCripto is a solo effort, powered by one individual's dedication. Your outpouring of appreciation is deeply acknowledged.
Please consider showing some love by following and sharing! No strings attached, just spreading the crypto vibes! #TrendingTopic
🙌 This information is for informational and educational purposes only. It does not constitute investment advice.
To all creators and experts:
Please warn newbies before posting any feed, swing trade is out of newbie’s minds.
And newbies must know about swing trade.
A single swing can make you upside down..
Be aware of swing trade..
swing trade is not for small amounts..
Don’t hold it just move 👍😎
#BNB #BNTUSDT #Newbies
Please warn newbies before posting any feed, swing trade is out of newbie’s minds.
And newbies must know about swing trade.
A single swing can make you upside down..
Be aware of swing trade..
swing trade is not for small amounts..
Don’t hold it just move 👍😎
#BNB #BNTUSDT #Newbies
Finally Got accepted as a Binance feed Creator 😊 Thankyou Binance Feed Team 🥰
#Newbies #BinanceTournament #Binancefeed
#Newbies #BinanceTournament #Binancefeed
in less than 48 hrs ago after my initial post😀😀 #LongTermInvesting
BTTC is a gold mine📈🧐
👉this is not a financial advice👌
BTTC has jumped to about 37% since after my last post on Wednesday.
🎈I will target this coin again
👉🔎2024 is a highly dynamic crypto year of various uncertainties. There is hope for we #Newbies in crypto 😀😂
BTTC my next plug🤓🤔
do you own research 🔎👌
#Write2Earn #TrendingTopic #TradeNTell
BTTC is a gold mine📈🧐
👉this is not a financial advice👌
BTTC has jumped to about 37% since after my last post on Wednesday.
🎈I will target this coin again
👉🔎2024 is a highly dynamic crypto year of various uncertainties. There is hope for we #Newbies in crypto 😀😂
BTTC my next plug🤓🤔
do you own research 🔎👌
#Write2Earn #TrendingTopic #TradeNTell
LIVEVerynew
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Bullish
Another potential #LongTermInvesting but less spoken of👇
👉 *BTTC* a coin of BitTorrent ecosystem.
📌 Originally released in July 2001 as BitTorrent, purchased by TRON in July 2018, and rebranded in 2022 as BTTC (BitTorrent-new).
📌 Created to provide a secure network. Currently its services have transformed into a file sharing platform.
📌📌I first got this coin August 2023 at 0.00000045
❤️❤️I sold at 0.00000112 December 2024, making close to double profit beside my initial capital
🤓 Today it is 0.00000077
🤔 Having a highest price prediction of 0.00000185 for 2024
What do you think 🤔👈
📌📌📌This is never a financial advice📌📌
👉👉Do your own research.
#TradeNTell #Write2Earn #TrendingTopic
👉 *BTTC* a coin of BitTorrent ecosystem.
📌 Originally released in July 2001 as BitTorrent, purchased by TRON in July 2018, and rebranded in 2022 as BTTC (BitTorrent-new).
📌 Created to provide a secure network. Currently its services have transformed into a file sharing platform.
📌📌I first got this coin August 2023 at 0.00000045
❤️❤️I sold at 0.00000112 December 2024, making close to double profit beside my initial capital
🤓 Today it is 0.00000077
🤔 Having a highest price prediction of 0.00000185 for 2024
What do you think 🤔👈
📌📌📌This is never a financial advice📌📌
👉👉Do your own research.
#TradeNTell #Write2Earn #TrendingTopic
Tic Tac, Tic Tac, On March 18th at exactly 12:00 PM (UTC), Binance will kick off trading for ETHFI, and... I know, there's a lot of hype. This means that ETHer.fi will be listed on Binance at 12:00 PM (UTC) on March 18th.
HOW do you get it? You MUST wait until 12 PM (UTC). You cannot get it outside of Binance. Do not be scammed!
If you're part of the #Newbies crew, I know you're itching to buy the cryptocurrency as soon as it's out to sell it for a big profit! Woo-hoo! But hey, be cautious, mastering volatility is key.
Cryptocurrency launches are a big deal on your journey to mastering this type of investment. There will be anxiety... if you're on your phone, I wouldn't recommend trading. One wrong move of the finger or choosing the wrong option can lead to failure (and losing money). In the psychology of novice traders, losses hit harder than the wallet.
What's expected price at 12pm UTC ?
I've also been asked about the listing price for ETHFI on Binance. By correlating #AEVOTrading with the known data and knowing it was listed at $1, I could project that #ETHFI might list above $5... but remember, this is just a rough estimate, and the actual price can vary depending on various market factors at the time of launch.
HOW do you get it? You MUST wait until 12 PM (UTC). You cannot get it outside of Binance. Do not be scammed!
If you're part of the #Newbies crew, I know you're itching to buy the cryptocurrency as soon as it's out to sell it for a big profit! Woo-hoo! But hey, be cautious, mastering volatility is key.
Cryptocurrency launches are a big deal on your journey to mastering this type of investment. There will be anxiety... if you're on your phone, I wouldn't recommend trading. One wrong move of the finger or choosing the wrong option can lead to failure (and losing money). In the psychology of novice traders, losses hit harder than the wallet.
What's expected price at 12pm UTC ?
I've also been asked about the listing price for ETHFI on Binance. By correlating #AEVOTrading with the known data and knowing it was listed at $1, I could project that #ETHFI might list above $5... but remember, this is just a rough estimate, and the actual price can vary depending on various market factors at the time of launch.
LIVELocademiaCripto
--
Launchpool? It's done, bye bye #Launchpool
If you manually allocated $BNB and/or $FDUSD to the event, now 100% of your cryptocurrencies are in SPOT. You have BNB and/or FDUSD sitting in your spot wallet doing nothing. Both of them, you can allocate them to Binance Earn to put them to work and earn #PassiveIncome . Do it as soon as you read this, don't put it off for later!
You'll also have the brand new crypto #ETHFI in your spot wallet, which currently worths $ ZERO. That means right now, you can't sell it (or buy it). You can't do ANYTHING with it! Don't get nervous! Be patient!
🚀 On March 18th, at 12 PM (UTC), ETHFI will appear in the spot trading options, allowing you to trade. 🔥 That's when the cryptocurrency will have value, allowing you to sell (and also buy more).
If you manually allocated $BNB and/or $FDUSD to the event, now 100% of your cryptocurrencies are in SPOT. You have BNB and/or FDUSD sitting in your spot wallet doing nothing. Both of them, you can allocate them to Binance Earn to put them to work and earn #PassiveIncome . Do it as soon as you read this, don't put it off for later!
You'll also have the brand new crypto #ETHFI in your spot wallet, which currently worths $ ZERO. That means right now, you can't sell it (or buy it). You can't do ANYTHING with it! Don't get nervous! Be patient!
🚀 On March 18th, at 12 PM (UTC), ETHFI will appear in the spot trading options, allowing you to trade. 🔥 That's when the cryptocurrency will have value, allowing you to sell (and also buy more).
#Newbies
Day traders are traders who execute intraday strategies to profit off relatively short-lived price changes for a given asset. Day traders employ a wide variety of techniques in order to capitalize on market inefficiencies, often making many trades a day and closing positions before the trading day ends.
#BinanceTournament #signals #crypto2023
Day traders are traders who execute intraday strategies to profit off relatively short-lived price changes for a given asset. Day traders employ a wide variety of techniques in order to capitalize on market inefficiencies, often making many trades a day and closing positions before the trading day ends.
#BinanceTournament #signals #crypto2023
Stop learning the hard way. Get crypto knowledge first then trade. Or you will end up loosing and quitting
#Newbies
#Newbies