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Common ways Newbie Crypto Traders lose their money
Pumped and excited to start trading , most newbie traders when starting their crypto journey encounter a lot of losses. Due to the happiness and desire to make quick profits, newbies easily make the following mistakes , that usually leads to lose of assets.90% of them are likely to engage in scam projects and also interact with websites that would steal their assets. Entering the world of cryptocurrency can be exciting, but it's important to be aware of potential risks and scams that newbies mi
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Today December 8, 2023, I am writing this to you, from my desk.
🔥$200 into Dogecoin at the rate of $0.097 would get you - 2041 $Doge
🔥$200 into Fantom at the rate of $0.35 would get you - 557 $FTM
🔥$200 into Solana at the rate of $70 would get you - 2.85 SOL
🔥$200 into MATIC at the rate of $0.87 would get you - 227.5 $MATIC
🔥$200 into BLUR at the rate of $0.49 would get you - 400.8 BLUR
🔥$200 into Cardano at the rate of $0.52 would get you - 382.6 ADA
🔥$200 into BLUR at the rate of $0.49 would get you - 400.8 BLUR
🔥$200 into SHIBA INU at the rate of $0.00001000 would get you - 20,000,000 $SHIB
🔥$200 into DYDX at the rate of $3.04 would get you - 65.74 DYDX
🔥$200 into Memecoin at the rate of $0.040 would get you - 4968 $MEME
🔥$200 into XRP at the rate of $0.64 would get you - 308 XRP
The total amount if invested according to the above is $2,200, to be honest, this is exactly how I would invest $2,200 if I had it.
in the next 24 - 48 Hours we @X mucaN would pin this post to our profile, and it will remain there, till we get to the bull market.
I Have one request, over here at Binance square, we @X mucaN create one of the best and most entertaining, educational, inspiring, and informative content (Articles, Post and Videos), we do wish we can hit 30,000 followers on or before the last day of the month and year.
If you found this article Educative, entertaining, informative, and helpful please like, share, and follow.
You can support us with tips as this would help us earn money and create more content
please let us know in the comments section if you send us a tip, and we will give you a shoutout appreciation post
#xmucan
🔥$200 into Dogecoin at the rate of $0.097 would get you - 2041 $Doge
🔥$200 into Fantom at the rate of $0.35 would get you - 557 $FTM
🔥$200 into Solana at the rate of $70 would get you - 2.85 SOL
🔥$200 into MATIC at the rate of $0.87 would get you - 227.5 $MATIC
🔥$200 into BLUR at the rate of $0.49 would get you - 400.8 BLUR
🔥$200 into Cardano at the rate of $0.52 would get you - 382.6 ADA
🔥$200 into BLUR at the rate of $0.49 would get you - 400.8 BLUR
🔥$200 into SHIBA INU at the rate of $0.00001000 would get you - 20,000,000 $SHIB
🔥$200 into DYDX at the rate of $3.04 would get you - 65.74 DYDX
🔥$200 into Memecoin at the rate of $0.040 would get you - 4968 $MEME
🔥$200 into XRP at the rate of $0.64 would get you - 308 XRP
The total amount if invested according to the above is $2,200, to be honest, this is exactly how I would invest $2,200 if I had it.
in the next 24 - 48 Hours we @X mucaN would pin this post to our profile, and it will remain there, till we get to the bull market.
I Have one request, over here at Binance square, we @X mucaN create one of the best and most entertaining, educational, inspiring, and informative content (Articles, Post and Videos), we do wish we can hit 30,000 followers on or before the last day of the month and year.
If you found this article Educative, entertaining, informative, and helpful please like, share, and follow.
You can support us with tips as this would help us earn money and create more content
please let us know in the comments section if you send us a tip, and we will give you a shoutout appreciation post
#xmucan
Solana price analysis
Solana - $SOL slipped below the breakout level of $164 on Nov. 3, indicating that the markets have rejected the breakout.
A minor positive for the bulls is that they have not allowed the price to sink to the 50-day SMA ($154).
Buyers will try to push the price back above $164.
If they succeed, the SOL/USDT pair could climb to the $183 to $189 resistance zone.
Alternatively, if the price turns down from the 20-day EMA ($165), it will suggest that the bears are trying to gain the upper hand.
The pair could descend to the 50-day SMA and then to the uptrend line.
Source: CoinTelegraph
Solana - $SOL slipped below the breakout level of $164 on Nov. 3, indicating that the markets have rejected the breakout.
A minor positive for the bulls is that they have not allowed the price to sink to the 50-day SMA ($154).
Buyers will try to push the price back above $164.
If they succeed, the SOL/USDT pair could climb to the $183 to $189 resistance zone.
Alternatively, if the price turns down from the 20-day EMA ($165), it will suggest that the bears are trying to gain the upper hand.
The pair could descend to the 50-day SMA and then to the uptrend line.
Source: CoinTelegraph
BNB price analysis
$BNB continues to trade inside the large range between $460 and $635, indicating buying on dips and selling on rallies.
The BNB/USDT pair could fall to $527, which is a crucial near-term support to keep an eye on.
If the price rebounds off $527 and rises above the moving averages, it will signal that the bulls are trying to keep the pair in the upper half of the range.
The pair may consolidate between $527 and $612 for some time.
If the price continues lower and breaks below $527, it will suggest that the bears are in command.
The pair may sink to the vital support at $460.
Source: CoinTelegraph
#BNB
$BNB continues to trade inside the large range between $460 and $635, indicating buying on dips and selling on rallies.
The BNB/USDT pair could fall to $527, which is a crucial near-term support to keep an eye on.
If the price rebounds off $527 and rises above the moving averages, it will signal that the bulls are trying to keep the pair in the upper half of the range.
The pair may consolidate between $527 and $612 for some time.
If the price continues lower and breaks below $527, it will suggest that the bears are in command.
The pair may sink to the vital support at $460.
Source: CoinTelegraph
#BNB
Ether price analysis
Ether - $ETH is trying to maintain above the support line of the symmetrical triangle pattern, but the bears continue to exert pressure.
A break and close below the support line will signal that the sellers have overpowered the buyers.
That could start a downward move to $2,310 and then to $2,200. Buyers will try to defend the $2,200 to $2,111 zone with all their might.
The bearish view will be negated in the short term if the price rises from the support line and breaks above the moving averages.
The ETH/USDT pair could then attempt a rally to the resistance line.
A trend change will be signaled after buyers overcome the barrier at $2,850.
Source: CoinTelegraph
Ether - $ETH is trying to maintain above the support line of the symmetrical triangle pattern, but the bears continue to exert pressure.
A break and close below the support line will signal that the sellers have overpowered the buyers.
That could start a downward move to $2,310 and then to $2,200. Buyers will try to defend the $2,200 to $2,111 zone with all their might.
The bearish view will be negated in the short term if the price rises from the support line and breaks above the moving averages.
The ETH/USDT pair could then attempt a rally to the resistance line.
A trend change will be signaled after buyers overcome the barrier at $2,850.
Source: CoinTelegraph
Bitcoin - $BTC price analysis
Buyers purchased the dip below the 20-day EMA ($68,259) on Nov. 3 but are struggling to build upon the bounce.
The bears will try to strengthen their position by pulling the price below the 20-day EMA.
If they manage to do that, the BTC/USDT pair could plunge to the crucial support at $65,000.
This is an important support for the bulls to defend if they want to keep the positive sentiment intact.
If the price turns up from the 20-day EMA and breaks above $70,000, it will tilt the advantage in favor of the buyers. The pair could rise to $72,000 and eventually to $73,777.
Sellers are expected to vigorously defend the $72,000 to $73,777 resistance zone.
Source: CoinTelegraph
Buyers purchased the dip below the 20-day EMA ($68,259) on Nov. 3 but are struggling to build upon the bounce.
The bears will try to strengthen their position by pulling the price below the 20-day EMA.
If they manage to do that, the BTC/USDT pair could plunge to the crucial support at $65,000.
This is an important support for the bulls to defend if they want to keep the positive sentiment intact.
If the price turns up from the 20-day EMA and breaks above $70,000, it will tilt the advantage in favor of the buyers. The pair could rise to $72,000 and eventually to $73,777.
Sellers are expected to vigorously defend the $72,000 to $73,777 resistance zone.
Source: CoinTelegraph
We have successfully been able to accumulate 740 $HOT - we believe if HOT is listed before the end of the year, this 740 HOT should be worth more than $200
We have been consistent with this project for a very long time, earlier this year we gave out $NEAR as gas fee to a lot of our frens
Good to see the numbers they are doing on HOT
We are going to make it, together 🌸🩵
We have been consistent with this project for a very long time, earlier this year we gave out $NEAR as gas fee to a lot of our frens
Good to see the numbers they are doing on HOT
We are going to make it, together 🌸🩵
BTC TO $200K? BERNSTEIN SAYS ELECTION DAY’S GOT A ROLE
Bernstein analysts are eyeing $200K BTC by 2025, but the short-term ride’s got election vibes.
Trump’s crypto-friendly stance has analysts predicting BTC up to $90K. Harris—maybe $50K first.
Polymarket’s got Trump ahead at 58%, but Harris pulling a W could shake markets.
ETH might snag gains on Harris’s watch, but the pro-crypto vibe’s still split—it’s all about SEC support now.
Source: Mario Nawfal
Bernstein analysts are eyeing $200K BTC by 2025, but the short-term ride’s got election vibes.
Trump’s crypto-friendly stance has analysts predicting BTC up to $90K. Harris—maybe $50K first.
Polymarket’s got Trump ahead at 58%, but Harris pulling a W could shake markets.
ETH might snag gains on Harris’s watch, but the pro-crypto vibe’s still split—it’s all about SEC support now.
Source: Mario Nawfal
We are going to find out together
Very soon
Very soon
LIVEX mucaN
--
The US Election is happening in a few days or should we say, in a few hours
A lot of people believe if Donald Trump wins the Election we will see $BTC pump to $80,000 - $100,000 and other Alts pump
Here is what we at #xmucan have to say
If Donald Trump wins the Election, we can still see Bitcoin dump down to $59,000 - $64,000
Remember, Remember how people were saying after the Bitcoin halving we will see Bitcoin above $80,000 but here we are today, below $70,000
This is the Truth, even if Donald Trump wins the election, we might not experience any significant changes in the market
We believe that during the election, we are going to experience a lot of market manipulations, so be very careful that day
We took out time to research and share this with, we hope you found it simple, Educative and helpful
- Obioma From x mucan
A lot of people believe if Donald Trump wins the Election we will see $BTC pump to $80,000 - $100,000 and other Alts pump
Here is what we at #xmucan have to say
If Donald Trump wins the Election, we can still see Bitcoin dump down to $59,000 - $64,000
Remember, Remember how people were saying after the Bitcoin halving we will see Bitcoin above $80,000 but here we are today, below $70,000
This is the Truth, even if Donald Trump wins the election, we might not experience any significant changes in the market
We believe that during the election, we are going to experience a lot of market manipulations, so be very careful that day
We took out time to research and share this with, we hope you found it simple, Educative and helpful
- Obioma From x mucan
24 Hours Till US Presidential Elections: Altcoins Drop Faster Than Bitcoin; Trump to the Rescue?
Bitcoin nearly reached a new all-time high this week but is currently hovering around $70,000. As we approach the U.S. elections in just 24 hours, market anxiety is palpable, reflected in Bitcoin’s recent decline, although it’s still resting at a strong trend line.
While Bitcoin’s price is stabilizing, altcoins are dropping faster, leading to a shift in Bitcoin’s market dominance. Many in the crypto community anticipate a Trump victory, but it’s essential to evaluate various potential outcomes
While Bitcoin’s price is stabilizing, altcoins are dropping faster, leading to a shift in Bitcoin’s market dominance. Many in the crypto community anticipate a Trump victory, but it’s essential to evaluate various potential outcomes
Sometimes Selling can be more painful than buying
Do you know that we saw a picture of when $WIF was below $50,000 market Cap and today #WIF is almost at $2,000,000,000 market Cap
A lot of people bought at that $50,000 - $100,000 market cap and made good money when they sold at $500,000 - $5,000,000 market cap, but today they all feel like they shouldn’t have sold
Same thing with $BNB , a lot of people had thousands of #BNB which they sold for profits and some for loss, it is really hard to believe that BNB was once trading at $0.05 and today we have BNB trading at over $500 with an All time high of $717.48
Sometimes, selling is more risky than buying
Here is what we are trying to say
Taking profits is good but if you find a solid project with good utility, funding, partners, community and team behind it, hold and hold
Take off your eyes from taking profits anytime soon
You have no idea how much you would have today if you bought $SHIB with $5 at the all time low
Crypto can change your Life, if you can hold the right coins
Do you know that we saw a picture of when $WIF was below $50,000 market Cap and today #WIF is almost at $2,000,000,000 market Cap
A lot of people bought at that $50,000 - $100,000 market cap and made good money when they sold at $500,000 - $5,000,000 market cap, but today they all feel like they shouldn’t have sold
Same thing with $BNB , a lot of people had thousands of #BNB which they sold for profits and some for loss, it is really hard to believe that BNB was once trading at $0.05 and today we have BNB trading at over $500 with an All time high of $717.48
Sometimes, selling is more risky than buying
Here is what we are trying to say
Taking profits is good but if you find a solid project with good utility, funding, partners, community and team behind it, hold and hold
Take off your eyes from taking profits anytime soon
You have no idea how much you would have today if you bought $SHIB with $5 at the all time low
Crypto can change your Life, if you can hold the right coins
$WIF is looking very bullish and it is trying to break $2 - in the last few minutes $WIF dumped to as low as $1.96 and pushed up, going as high as $2.1 before going below $2
If you are looking for entry on $WIF this is your best chance, enter a long on WIF with 5-10x leverage and have your stop less set
Trade with whatever you are willing to lose to the market
The whales will take over the market in a few hours and we will see WIF go above $2.1 -> $2.2 -> $2.3
#USElections2024Countdown
#WIF
If you are looking for entry on $WIF this is your best chance, enter a long on WIF with 5-10x leverage and have your stop less set
Trade with whatever you are willing to lose to the market
The whales will take over the market in a few hours and we will see WIF go above $2.1 -> $2.2 -> $2.3
#USElections2024Countdown
#WIF
ETH = AMAZON 2.0? 21SHARES BETS BIG
21Shares says ETH is the Amazon of the ‘90s—potential through the roof, but only the savvy see it.
ETH’s got $320B in market cap and 200K devs, but ETFs barely scratched BTC’s 90-day inflows.
Big names—BlackRock, UBS, Visa—are piling on, but regulars aren’t feeling the vibe yet.
They’re cautious, waiting on staking and more use cases.
21Shares thinks, give it time—ETH could blow up big time as the market catches on.
Source: Mario Nawfal
21Shares says ETH is the Amazon of the ‘90s—potential through the roof, but only the savvy see it.
ETH’s got $320B in market cap and 200K devs, but ETFs barely scratched BTC’s 90-day inflows.
Big names—BlackRock, UBS, Visa—are piling on, but regulars aren’t feeling the vibe yet.
They’re cautious, waiting on staking and more use cases.
21Shares thinks, give it time—ETH could blow up big time as the market catches on.
Source: Mario Nawfal
COINBASE LEADERSHIP CASHING OUT – $900M COIN SALE INCOMING
Coinbase execs are offloading heavy—Armstrong’s flipping 3.75M shares, Ehrsam and others lined up too.
Rule 10b5-1 lets ‘em plan sales, no worries on timing—they’re cashing in $900M worth.
Shares took a dip on the news, down 1.85% pre-market.
Last year, same story—$120M sold, stock popped 450% YTD.
They’re playing the market like pros, COIN still moving hard.
Source: Mario Nawfal
Coinbase execs are offloading heavy—Armstrong’s flipping 3.75M shares, Ehrsam and others lined up too.
Rule 10b5-1 lets ‘em plan sales, no worries on timing—they’re cashing in $900M worth.
Shares took a dip on the news, down 1.85% pre-market.
Last year, same story—$120M sold, stock popped 450% YTD.
They’re playing the market like pros, COIN still moving hard.
Source: Mario Nawfal
SOLANA HITS RECORD 123 MILLION ACTIVE ADDRESSES!
Whoa, Solana just crushed it with over 123 million active addresses in October—up 42% from September!
The memecoin hype is real, thanks to dope platforms like Pump•fun and Raydium.
They pulled in over $30 million and $30 billion in revenue and trading volume, respectively.
Solana’s all about those low fees and speedy transactions, pulling in the crowd.
Plus, SOL is vibing at $161, up 12% in the last month.
Source: Mario Nawfal
Whoa, Solana just crushed it with over 123 million active addresses in October—up 42% from September!
The memecoin hype is real, thanks to dope platforms like Pump•fun and Raydium.
They pulled in over $30 million and $30 billion in revenue and trading volume, respectively.
Solana’s all about those low fees and speedy transactions, pulling in the crowd.
Plus, SOL is vibing at $161, up 12% in the last month.
Source: Mario Nawfal
CFTC WARNS: DON’T FALL FOR TELEGRAM & WHATSAPP CRYPTO SCAMS
Crypto scammers are sneaking in on WhatsApp and Telegram—CFTC says watch out.
They’re pulling pump-and-dumps and offering “300% gains” to get your money.
Tip: don’t join random group chats, delete sketchy messages, and block the sender.
Change your app settings so scammers can’t add you—it’s all about staying sharp.
Source: Mario Nawfal
Crypto scammers are sneaking in on WhatsApp and Telegram—CFTC says watch out.
They’re pulling pump-and-dumps and offering “300% gains” to get your money.
Tip: don’t join random group chats, delete sketchy messages, and block the sender.
Change your app settings so scammers can’t add you—it’s all about staying sharp.
Source: Mario Nawfal
Tether’s CEO Paolo Ardoino recently clarified on social media that the stablecoin giant has no immediate plans to launch its own blockchain, emphasizing a commitment to neutrality and a multi-chain approach.
Instead of creating a proprietary chain, Tether will continue to integrate USDT with established blockchains, such as Ethereum, Solana, and Algorand.
This strategy aligns with the company’s focus on decentralization and interoperability, while providing flexibility to adapt as new blockchain technologies emerge.
Ardoino underscored that the company’s motto, “Unstoppable TogETHER,” reflects its aim to build partnerships rather than consolidate control. He highlighted the benefits of neutrality, allowing Tether to support various networks without becoming too centralized—unlike some exchanges that have opted for more consolidated structures.
Although Tether isn’t ruling out the possibility of developing its own chain in the future, Ardoino suggested that Tether currently sees blockchain as a “saturated market” where launching a proprietary chain could limit flexibility
Instead of creating a proprietary chain, Tether will continue to integrate USDT with established blockchains, such as Ethereum, Solana, and Algorand.
This strategy aligns with the company’s focus on decentralization and interoperability, while providing flexibility to adapt as new blockchain technologies emerge.
Ardoino underscored that the company’s motto, “Unstoppable TogETHER,” reflects its aim to build partnerships rather than consolidate control. He highlighted the benefits of neutrality, allowing Tether to support various networks without becoming too centralized—unlike some exchanges that have opted for more consolidated structures.
Although Tether isn’t ruling out the possibility of developing its own chain in the future, Ardoino suggested that Tether currently sees blockchain as a “saturated market” where launching a proprietary chain could limit flexibility
$XRP Whale Alert: $56M Worth of XRP Hits the Market
A huge XRP transfer just shook the market! Whale Alert tracked a transfer of 104 million $XRP (valued at $56 million) moving from unknown wallets
At the same time, Ripple has launched an update boosting DeFi capabilities on the XRP Ledger, aligning with XRP's effort to push past the $0.55 mark.
Currently in a recovery phase, XRP's bulls are aiming to break that $0.55 resistance, which could pave the way toward $0.64 if successful.
Key support levels are holding at $0.487 and $0.491. However, if prices dip further, the next support target might land around $0.432.
A huge XRP transfer just shook the market! Whale Alert tracked a transfer of 104 million $XRP (valued at $56 million) moving from unknown wallets
At the same time, Ripple has launched an update boosting DeFi capabilities on the XRP Ledger, aligning with XRP's effort to push past the $0.55 mark.
Currently in a recovery phase, XRP's bulls are aiming to break that $0.55 resistance, which could pave the way toward $0.64 if successful.
Key support levels are holding at $0.487 and $0.491. However, if prices dip further, the next support target might land around $0.432.
