I think this but i do not do this 😩 | Lady in Red on Binance Square

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I think this but i do not do this 😩

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$BTC My friend told me that he tried to place a long order today on Binance but wasn't successful. I responded by saying that the trend over the weekend, specifically on Saturday and Sunday, usually moves sideways or downward. If you want to place a long order, it’s better to wait until Monday morning. Note that this is just my personal observation, so you should only take it as a reference. It’s crucial to consider various factors and conduct your own research before making any trading decisions. The market can be unpredictable, and relying solely on one person's observations may not always lead to successful trades. $ETH #PEPE✈

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$BTC $ETH $BNB ARE YOU A WINNER? Here are the factors that can lead to losses in cryptocurrency investing on Binance: 1. **Lack of knowledge and understanding**: - Not understanding cryptocurrencies or how the market works. - Lacking knowledge in technical and fundamental analysis. 2. **Making emotional decisions**: - Buying and selling based on emotions like fear or greed. - Chasing FOMO (Fear of Missing Out) and panic selling during market drops. 3. **No clear investment strategy**: - Not setting specific goals or having an exit plan. - Lacking a risk management strategy, such as not setting stop-loss orders. 4. **Poor risk management**: - Investing too much in a single cryptocurrency. - Not diversifying the investment portfolio. 5. **Overusing leverage**: - Trading Futures or Margin with high leverage without understanding the risks. - Inability to manage leveraged positions, leading to account liquidation. 6. **Falling for scams and poor security**: - Falling for scam projects or unreliable Initial Coin Offerings (ICOs). - Poor account security, making it easy to be hacked and lose money. 7. **Lack of patience and discipline**: - Frequently changing strategies based on short-term market fluctuations. - Lacking patience and not waiting for better opportunities. 8. **Lack of monitoring and information updates**: - Not keeping up with market information and news affecting cryptocurrencies. - Ignoring regulatory changes or negative news about projects. In summary, to minimize losses when investing in cryptocurrencies on Binance, investors need to equip themselves with knowledge, build clear strategies, manage risks well, and maintain discipline in their trading. #binance #bitcoin #ETH #PEPE✈

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#bitcoin How I Got Scammed? 😡 I was once scammed with coins. I was lured into trading on a different platform, where the scammer convinced me to transfer money from Binance to an account on their fake exchange. Do you know how it happened? 1. Initially, they asked me to deposit an amount, promising a discount, trading opportunities, and the ability to withdraw both principal and profits. 2. The second time, they asked me to transfer more for a higher discount. 3. They then froze my account, claiming it was suspected of money laundering, and demanded more money if I wanted to withdraw. And you know what? The amount displayed on their fake platform was just a facade; they had already taken all my money. That time, I suffered a loss. Be cautious with fake platforms and be wary of enticing offers and groups if you don't want to lose your money. 😊 #binance #scamer #USDT🔥🔥

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#PEPE✈ The future of Pepe coins is uncertain due to high market volatility. Investing in Pepe involves significant risk as its value can change rapidly, leading to substantial gains or losses. Investors should have a solid risk management strategy, set clear goals, and avoid impulsive decisions. Diversifying portfolios can help manage these risks. Pepe coins attract investors with the potential for high returns, but this comes with considerable risk. Staying informed and engaged with the cryptocurrency community can provide valuable insights and aid in making informed decisions. In summary, while Pepe coins can be profitable, it's crucial to approach them with caution, preparation, and a clear understanding of the risks involved. Balancing optimism with realism is key to navigating the volatile world of cryptocurrencies. #PEPE✈

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#PEPE✈ Do you ever find yourself in a similar situation? Despite rational advice, your emotions drive you to act contrary to reason. The money you painstakingly earn elsewhere slips away through trades you later regret. With each mistake and financial loss comes not only regret but also valuable lessons. Lessons learned through trial and error. #BTC☀ #ETH #bnb #PEPE✈ $BTC $ETH $BNB

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