Last year, I had a chilling encounter with a crypto scam giveaway that left me feeling deceived and defrauded. It all started innocently enough when I received a message in my X, from @weiler_eth. The message was 👇🏻
"Congratulations! You've been selected among the winners of the ETH giveaway, You won $5000ETH giveaway.
@weiler_eth
Drop your ETH wallet address so I can credit you, make a screenshot of your initial balance, you have to be active investor because I am sending from my hardware token.
Excited by the prospect of winning such a substantial amount of crypto, I eagerly shared my wallet address to @Paul Weiler😡
As our conversation progressed, He informed me that in order to receive the full prize amount, 1000$ I would need to cover the "gas fees" associated with the transaction. He explained that these fees were necessary to process the transfer of funds quickly and efficiently. Eager to claim my prize, I agreed to pay the requested amount without hesitation.
I transferred $100ETH worth of cryptocurrency to cover the supposed gas fees as he asked, eagerly awaiting the moment when my prize would finally materialize. But as the hours turned into days, I began to grow suspicious. He had gone silent, and my messages went unanswered. It was then that I realized I had fallen victim to a cruel and calculated crypto giveaway scam. 😥😭😭😭😥
Feeling devastated and betrayed, I reached out to the social media platform for help, but to no avail. His X profile had disappeared without a trace, leaving me to pick up the pieces of my shattered trust and bruised ego.
In the aftermath of this ordeal, I learned some valuable lessons about the importance of vigilance and skepticism in the world of cryptocurrency. I now approach giveaways and offers with caution, taking the time to verify the legitimacy of the sender and the offer itself before taking any action.
"In the face of market challenges, remember: the tide always turns. Stay resilient, stay focused, and trust in the journey towards brighter horizons."🔥🔥🎯🚀🚀🚀🚀🚀
Here’s today’s @Binance words of the day, check out my previous post for other results 🎯🔥🚀🚀🚀🚀🚀🚀👇🏻👇🏻👇🏻👇🏻🚀🚀🚀🚀🚀🚀
Bitcoin ETFs offer convenience and accessibility but lack direct ownership and potential security risks. Direct purchases provide control and ownership but require technical knowledge and security measures. New users should consider their investment goals, risk tolerance, and level of involvement when choosing between the two options.
Bitcoin ETFs provide exposure to Bitcoin's price movements without the need for a digital wallet, making them attractive for passive investors.
However, they may incur management fees and carry counterparty risk. Direct purchases offer full ownership and control over assets but require knowledge of digital wallets and security protocols.
New users should weigh these factors carefully and consider consulting with financial advisors before making investment decisions.
Have a Productive Day Ahead 🎯🚀🚀🚀 Market will remain volatile with sideways for few days so, stay safe used low leverage with proper risk management 🎯🔥🚀🚀🚀🚀🚀
Here’s today’s @Binance words of the day 🎯🔥🚀🚀🚀🚀🚀👇🏻👇🏻👇🏻👇🏻🚀🚀🚀🚀🚀🚀🚀
Have a pleasant day ahead 🔥 hope somewhat everyone recovers their 10% losses assets since yesterday 😍 keep going on “believe in yourself “ be patient & always take profits & DYOR🎯
Here’s todays @Binance words of the day 👇🏻👇🏻🚀🚀🚀🚀🚀🚀👇🏻👇🏻👇🏻👇🏻🚀🚀🚀🚀🚀🚀
Have a awesome day ahead with lots of profits 🔥🎯🚀🚀🚀 hope everyone is recovering the losses. With proper risk management & understanding the market movements everyone can earned the good amount of profits 🔥🎯🚀🚀🚀
Here’s today’s @Binance words of the day 🔥🎯🚀🚀🚀🚀🚀👇🏻👇🏻👇🏻👇🏻🚀🚀🚀🚀🚀🚀
Have a Blessed Day Ahead 🎯🚀🚀 Yesterday’s market was something unexpected but don’t forget Buy the dip & sell at the high is fundamental of crypto HODL it as much you can & be bullish 🔥🎯🔥🚀🚀🚀
Here’s today’s @Binance words of the day 👇🏻🎯🔥🚀🚀🚀🚀🚀👇🏻👇🏻👇🏻🚀🚀🚀🚀🚀🚀🚀
Anyone saying such things simply doesn't understand the crypto cycle and on-chain indicators.
Here's why $74k is not the Bitcoin top
1) On-Chain indicators signalling correction
Every major on-chain indicator like the MVRV Z-Score, NUPL, and Pi Cycle Top is indicating a normal correction, which usually happens during every bull run.
2) No Major drop
During the 2017 peak, BTC dropped 50% in a month
During the 2021 peak, BTC dropped 40% in a month
This time, BTC hit a new ATH of $74K on March 14th, and since then, it's only been down 16% in 45 days.
This clearly indicates a mid-cycle correction rather than a blow-off top.
3) Bitcoin pricing in every major FUD
Since Bitcoin Halving, several FUDs like Mt. Gox selling, FBI warning, rate cut delay, and a war situation have hit the market, but BTC is still trading above $60k
This type of strength usually occurs only during a bull market.
4) More Bullish News Coming
From tomorrow, Hong Kong Spot ETFs will start trading
Along with that, the Australian Securities Exchange is also expected to approve Bitcoin ETFs in 2024
FASB rule, rate cuts will happen in 2024 too, and the market hasn't priced in these events.
So, don't overthink the BTC top and use this opportunity to DCA into your favourite coins.
Have blessed & profitable day ahead 🔥🎯🚀🚀 stay alert from the Scammers don’t trust anyone in crypto world behind all the alt coins developers there’s a gangs of crypto scammers so be careful always 🔥🎯🚀🚀🚀
Here’s today’s @Binance words of the day 🔥🎯🚀🚀🚀🚀🚀🚀🚀🚀👇🏻👇🏻👇🏻🚀🚀🚀🚀🚀