Today I want to say; as December approaches, these are times to share with family and we know that these are the days when the most scams are published, DO NOT INVEST unless you know what you are doing with your money. That is, here on Binance you can enter and dive into the fast-paced cryptocurrency market, but if you don’t have a clear plan, you may not see the expected results and your account may reach $0. That is your problem, but if you have educated yourself and diversified your portfolio, that probably won’t happen. I want to warn you:
1. There are NO cryptocurrency mining sites; they are SCAMS, educate yourself and see how you can enter the Binance pool. If you want to mine for real, you will have to buy equipment for that.
2. There are no sites that double your investment out of nowhere; if they offer you a 3% or 4% daily return or a fixed daily profit, be suspicious. In business, this cannot be guaranteed, and even less so that there is a fixed profit percentage in cryptocurrencies.
3. Be suspicious if the business is only "Win, Win" and they never talk to you about possible market drops or losses. In the business world, for someone to "Win," another has to "Lose." Make sure you are not the one losing or that the business is only for the other person inviting you to lose all your money.
4. Educating yourself is the best option to advance as a trader; there is no magic formula. Over time, and also with consistent investment, you will see your capital grow. If you put it in the hands of someone else, you will likely face losses.
5. Do not pay for academies or mentors; most are "scammers." Instead, look for information to learn how to read market trends, know when to enter and exit, or know how to maintain passive income.
6. Do not invest everything you have; do not invest in a single cryptocurrency.
7. Reading and watching movies about how people have managed to make great businesses, how to cultivate and develop commercial and sales skills while maintaining good values and ethics is necessary. Change habits and mindset for it to become a lifestyl .#BounceBit