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Hehe, the delisting saved your ass, kind of. I hope your leverage wasn't bigger than your margin? Good u tried warning everyone about this token đ
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$REN WTF THIS COIN GOIN WILD WHILE I'M SHORTING FK
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$GFT Hahaha, this is pure madness. Stay away from this pump, you will certainly get burned. Same with $IRIS and $OAX . #DelistingNotice
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đ€đ€ $WLD updated warning [2] Hey binance square, I wrote about it on Nov 3 and I give an update on this now. Currently is not a good time to buy WLD token. In general I assess this token to be a risky investment. Here is my reasoning: First of all I do not trust Sam Altman. Founding partners of OpenAI left the company because they said they don't trust Sam and that he was dishonest with them about critical areas of the AIs security measures. There were allegations from senior leaders of Sam acting psychologically abusive. So why should we trust him on this "crypto" project? My standards of protection of privacy are high. And to handover a scan of my iris to a highly capitalist company would be the last thing I would want to do. How about you? Second of all, millions already made this "mistake" and registered their iris with an orb scan. This creates such huge selling pressure on the price, as many of them live in underdeveloped countries and desperately need the WLD rewards. They sell pretty much immediately to buy food and other essentials for life. So despite that WLD's price has doubled since its last low, I would like to repeat that you should be really careful with your investiment in this project. #Market_Update #WLDđ„đ„đ„ Do your own research!
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$XRP who assumes that we will see $1,10 again before next pump? #MarketBuyOrHold?
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The #DelistingNotice caused lots of discontent yesterday. $REN and $KEY holders were caught flat-footed. After receiving a lot of comments to my post about this, I thought I make a little series of posts about this topic, DELISTINGS, to help fellow binanace users to avoid such losses. The 1st post today will look at what binance does to make sure users understood the risks of tokens that the are marked with the monitoring tag. The 2nd post will look into common long term chart patterns that can be indications to know beforehand that a token will either receive the monitoring tag or worse, gets the delisting notice. đTo dive into the first topic I created a screenshot of the user dialog that is shown when opening the trading view of a token with the monitoring tag. Users currently have to take a quiz containing four questions to prove their understanding of the monitoring tag. See the end of this post for the screenshot. Especially the last two questions should be an urgent warning to everyone entering trading or having investing ambitions on such a token. There the following answer has to be selected to be able to begin trading: "Yes I am aware that I might incur losses or even a total loss [...] by trading tokens marked with 'Monitoring'." But still it happens that users get caught in such loss scenarios like yesterday. What else could binance do to make users aware of the risks? Probably show this quiz regularly instead of just once? Or by sending monthly reminders to holders, emphasizing that they are holding a token in risk of being delisted. What are your ideas?
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#DelistingNotice of $REN and $KEY 𩧠đš I guess some investors are upset. My empathy to all investors and hodlers who have these losses now! Basically it's a good thing that binance delists tokens where the underlying project looks lazy or doesn't match binance's quality requirements anymore. But what happened today is certainly a bit different to former delistings. REN had a really healthy looking price development, where it doubled from its Nov 4 low. Despite that showing increasing investor interest and confidence, it will be delisted from the exchange in a couple of days. The notice had a devastating effect on the price and all the gains since Trump's election win are practically gone. I assume many investors of the last 3 weeks are kinda upset, and I think they are right to be so. Additionally KEY is also among the tokens that will be delisted. Surprisingly for me. Because if I recall correctly the project was on Binance since 2017 and there were no signs that this longlasting partnership would come to an end in late 2024.
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