Investing only what you're prepared to lose is a misguided notion widely propagated. Disregard this advice as it fosters reckless behavior and overlooks the importance of capital preservation. Instead, focus on prudent risk management and prioritize safeguarding your investments. Treat your invested funds with the same caution as essential expenses, avoiding excessive risks that could result in significant losses. By adopting a sensible approach, you can navigate the crypto market with confidence and mitigate the misconception of risking everything.#safebinance

General Awareness Message For All users
🛑🛑 P2P Scam: My bank account freezed🛑🛑
Hello readers,
🤕Today, I want to share my experience of how my bank account got frozen and provide tips on how you can avoid falling into a similar situation and safeguard your funds.
🛑Back in February of this year, while casually making a payment through UPI, I encountered an error. Initially, I didn't think much of it and attempted the transaction again, only to face the same issue. Sensing something amiss, I reached out to my bank, and that's when I learned that they had received instructions to freeze my account due to suspicious funds.
🛑Upon further investigation, I discovered that someone who had paid me through a peer-to-peer (P2P) platform had engaged in fraudulent activities. As a result, all accounts involved in transactions with this individual were blocked.
🛑To avoid such scams in the future, it's crucial to only transact with individuals who have a minimum of 50% completed trades and a completion rate of at least 95%. Additionally, always ensure that the name on the bank account you are transacting with matches the name on the P2P platform.
Stay safe and vigilant against P2P scams!
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