I am a frequent visitor to Binance Square and I have noticed a disturbing trend: many people are posting about huge profits or recommending to follow their strategies. But, unfortunately, these people are often scammers.
It is important to understand that in the world of cryptocurrencies, when someone makes a profit, someone else suffers a loss.
💸 Cryptocurrency money does not appear out of thin air; it's always a transmission from one person to another. In the age of deepfake, where even fake videos of people look believable and are often used for scams, editing earnings images, Telegram ads, bots and videos to make them look real is not difficult.
📉 If someone is really making money, why would they waste their time teaching you or posting something here? They win when someone else loses. Why would they want others to profit as well?Be vigilant and careful about what you see online - not everything you see is true.
🌐 Do not trust anyone blindly. Always#DYOR(do your own research) before making any investment decisions. Create a strategy, be aware of the risks and never invest more than you are willing to lose. 🚀
Avoid impulsive decisions
Do not jump into futures trading without proper analysis or a clear plan, as some may do when they see a tempting opportunity. 📊
Be smart, be vigilant and invest responsibly. Don't let your emotions rule your decisions. 📈
Good luck! 🍀
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