Investment advice…!!!

Seeing lots of newbie moves around the twitter and binance square market.

First tip: don’t believe in so called influencers.

Why? Most of them get a token in return to promote or they may have invested in private sales. Just to dump their bag they shill them hard. Ofcourse if it’s top 20 coin then it doesn’t matter but don’t blindly invest in their newly shilled tokens

Else what? Else you will keep posting that loss occurred in that coin and ask everyone what should i do and keep crying.

Second tip: don’t use margins. Even 2x margin and 50% down makes you 0. Whereas 50% down and then 1000% up in spot gives you 400% gain.

For example

Token price is : 100$

Alice buys it at 2x margin. Token dumps to 50% (token price now 50$) and then pumps 1000%(500$) in next 3 years

Alice will lose on first dump as he will be liquidated. Then from even if dumped price 50$ pumps to 500$ alice will have 0 money as he is out of the game because of liquidation.

Bob invest same money in spot… losses 50% in dump but keep holding on spot. And takes full ride of 50$ to 500$ so he makes (500 sell price -100 buy price) so he still makes 400% gain.

- So pennies can be turned in dollars.

- 0 can’t be turned in 1 even if its multiply by 10000x gains

Invest wisely. Grow slowly. Don’t chase for overnight profit.

And follow smart minds only. Thank you. Please like the post if read till here as i really want to spread awareness. #BinanceTournament #InvestSmartly #InvestmentScams #CPIAlert