This is not the time to cry BTC is going to 12k It is the time to ladder into a Big LONG position in #Binance Spot or with very low leverage in #Binance futures IMO. In the quoted post I made this Morning, I got some responses that insinuated that I was misleading newbies because they were bullish and didn't see the obvious my chart showed. $BTC dump was due and inevitable 30k was rejected severally, and no support was strong enough to propel us past that resistance, we were losing key levels, it was only a matter of time before we fell off the cliff Look @ your BTC chart! Did$BTC come to my POI & below. Ofcourse I can't be 💯 accurate, but we are in the range of a relief, retest and then highs from here... Long term $BNB & good low caps are good to bag at the discounts offered by the market. Just another random thought...
Ponzi Scheme: This classic crypto scam is making a comeback in the world of cryptocurrency. It starts with a convincing pitch: an opportunity to earn big profits in a short amount of time. However, behind the invitation to earn big lies a sinister plot. The returns promised to early investors are paid using the funds of new investors, and the whole scheme eventually collapses when the flow of new investors dries up.
The leading cryptocurrencies tumbled to two-month lows this week thanks to concerns about market liquidity and a regulatory clampdown. Prices have been under pressure after crypto exchange Binance twice paused Bitcoin (BTC) withdrawals earlier this week. $BTC #BTC #dump #Binance
😱😱Crypto scam victims lose more than $1b since 2021 😱😱😱
More than 46,000 people reported losing a total of over $1 billion in cryptocurrency scams since the start of 2021, the US Federal Trade Commission said in a report.
Nearly half the people who reported losing digital currencies in a scam said it started with an ad, post or a message on a social media platform, according to the FTC.
The craze for cryptocurrencies was at a fever pitch last year, with bitcoin hitting a record high of $69,000 in November. $BTC #FDUSD #Binance
1. Do Your Research It can be hard to ignore advice from billionaires and influencers online, but you should do your own research before investing .
2. Don't Trust Everyone Treat anyone who contacts you directly to ask for payments in cryptocurrency or offers you an investment opportunity regarding crypto with extreme caution.
3. Secure Your Crypto Wallet You probably have stories about people who lost at least a few Bitcoins due to losing control of their virtual wallets.
4. Use Multi-Factor Authentication Use multi-factor authentication on your crypto wallet to try to keep the bad guys out.
5. Check That URL Keep an eye on the URL for the websites you visit related to crypto. Many phishing scammers copy the URL of legitimate sites and swap out letters or numbers
😱Crypto Scams Are Spreading Fast on This Social Media Platform 😱😱
Investing in cryptocurrency has made it to the mainstream — and unfortunately, crypto scams have probably invaded your social media feeds.
A new analysis from the Federal Trade Commission found that roughly half of those who reported losing money to cryptocurrency fraud since last year said they encountered the scam on social media.
The FTC's data shows that money lost to fraud on social media networks is more likely to have been paid via cryptocurrency than any other payment method. Of the social media platforms identified in crypto fraud reports, Instagram was the most common. It accounted for 32% of fraud cases on social networks, according to the FTC. Facebook was next, appearing in 26% of social media fraud reports. #MultiChain #scam #googleai
Coinbase CEO Says SEC Told It To Delist Everything But Bitcoin, 99-Year-Old Comp
Coinbase CEO Brian Armstrong has said that the US Securities and Exchange Commission (SEC) had told the crypto exchange to delist all cryptocurrencies on its platform except for Bitcoin.
In a July 31, 2023 interview with the Financial Times, Armstrong said that the US securities regulator wanted the crypto exchange to delist the nearly 250 tokens on its platform prior to filing a lawsuit against the exchange
Bitcoin Wobbles at $29K as XRP Leads Altcoin Losses; SHIB, Helium Gain😱 😱
Bitcoin (BTC) buckled to $28,900 Friday afternoon then recovered slightly above the $29,000 level, as cryptocurrency markets gave up gains and turned lower during the day. Ripple's XRP led the downside action among large-cap digital assets by dropping nearly 5% in the last 24 hours. The fifth-largest cryptocurrency by market capitalization was trading at 64 cents, the lowest price since July 13's partial court win against the U.S. Securities and Exchange Commission. $BTC $XRP #BTC #Binance
Elon Musk Talks Up Doge Again in Response to High ETH Fees in DeFi🚀🚀🚀
Responding to a tweet about high transaction fees with Ethereum, Elon Musk simply said “Dooooge” — hyping his favourite crypto but also pointing to how it can be used to make Decentralised Finance (DeFi) more accessible to everyone. The Tesla CEO often uses his Twitter handle to drop suggestions for crypto investors at a time the market is witnessing a global boom, and this is another occasion where he has posted about meme-based cryptocurrency Dogecoin. DeFi systems aim to provide an autonomous
Dogecoin Price Pumps 16% as Elon Musk’s Tweet Connects DOGE and X 😱😱😱🚀🚀
Memecoins thrive on speculation, and Musk’s inclusion of the Dogecoin (DOGE) logo in his Twitter bio has fueled rumors that gained strength following the rebranding to ‘‘X’’ and the potential inclusion of payments. Launching a super app, including payment infrastructure, seems to indicate the inclusion of crypto payments, and market sentiment grows increasingly bullish.
Dogecoin (DOGE) price pumps 16% as Elon Musk’s tweet connects $DOGE and X, but the hidden story rests among the new generatio