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Ja tu varētu izvēlēties kā tu nomirsi, kā tu izvēlētos?
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GETTING INTO CRYPTO TIPS !! Blockchain Enthusiast, unlearning & relearning all the time1y When do I start trading crypto? Before beginning to trade, prospective cryptocurrency traders should follow these crucial steps: 🔸Educate yourself: Before investing in cryptocurrencies, it's crucial to have a fundamental understanding of their operation, history, and technology. 🔸Establish your investment objectives: Establish your financial objectives and decide the type of trader you want to be (e.g. short-term trader, long-term investor, etc.). This will assist you in making wise investing choices. 🔸Select a trustworthy exchange: There are a lot of cryptocurrency exchanges out there, so it's crucial to pick one that is trustworthy and secure. Search for exchanges with a solid reputation, robust security measures, and an easy-to-use interface. MEXC Global for instance is one of such digital asset trading platform with over 7 million users; it offers users one-stop services, including spot, margin, leveraged ETFs, derivatives trading and staking services; and further only charge 0.1% in fees when you use their spot marketplace or 0.03% when you trade on their derivative markets. 🔸Create a secure wallet: To keep and store your bitcoin, you must have a secure wallet. Use a hardware wallet if you want more security. 🔸Recognize the hazards: The market for cryptocurrencies is quite volatile, therefore it's critical to recognize the risks. Make sure to conduct in-depth research on any initiatives you're thinking of funding, and take market swings into account when making your decisions. 🔸Maintaining the privacy of your personal information is important when opening an account with an exchange. You should never divulge your personal information to anyone.Keep abreast of market news: 🔸Keep up with recent developments in the bitcoin market to make wise investment choices. #TradingStrategies💼💰 #CryptoStrategies #Marketupdates #exchanges #BinanceSquareFamily

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Shielding Yourself from Crypto Pump and Dump Schemes To protect yourself from falling victim to pump and dump schemes: Verify Sources: Rely on credible sources for information and conduct thorough research before making any investment decisions.Avoid Illiquid Cryptocurrencies: Steering clear of coins with low trading volumes can minimize your exposure to such schemes. Direct Project Engagement: Reach out to cryptocurrency projects directly to gain insights and clarity before investing. Pump and dumps and other frauds are usually completely anonymous. Also, the cryptocurrency being pumped will typically have no clear use case, roadmap, or development team behind it, making it hard to verify its legitimacy or value proposition. Independent Research: Conduct independent research to make well-informed investment choices, rather than relying solely on external advice. As the cryptocurrency market continues to evolve, the threat of pump and dump schemes remains a persistent concern. By staying alert to the red flags and practicing due diligence as recommended above, investors can navigate this challenging landscape of crypto investment with greater confidence. #pumpNdump #pumpiscoming #pumpcoin #CryptoMarketMoves #Write2Earn!

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Identifying the Telltale Signs of a Pump and Dump Scheme Detecting a pump and dump scheme requires vigilance and an understanding of red flags. Let’s look at some of the key indicators: Unexplained Price Surges: Sudden, substantial price increases without a clear catalyst can be indicative of a pump and dump scheme.Paid News Articles and Social Media Hype: A small-cap coin being widely covered in paid news articles and experiencing a surge in social media attention often suggests a pump in progress. Chat groups, forums, or influencers are often engaged to spread positive but unsubstantiated or misleading claims about the cryptocurrency, such as partnerships, endorsements, upcoming events, or technical breakthroughs. Low Trading Volumes and Market Capitalizations: These schemes thrive on illiquid cryptocurrencies, so avoiding such assets can significantly reduce your risk. Pump and dump coins usually have a low market capitalization, trading volume, and liquidity, making it easier to manipulate the price with relatively small amounts of money. Active use of FOMO: Pump and dump promoters will often urge potential buyers to act quickly and not miss out on a once-in-a-lifetime opportunity, creating a sense of urgency and fear of missing out. Listings on Obscure or Unregulated Exchanges: Here there is less oversight and transparency. Exchanges like Coinbase, Kraken, Binance and others have strict listing rules and the process is expensive. This discourages scam coins.Questionable Investment Advice: Be cautious of investment advice from social media and unverified sources, as these can lead to significant losses. Investment advice from celebrities is particularly high risk. #pumpNdump #pumpiscoming #Pump_Dump #memecycle #Write2Earn!

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What are some ways to identify a cryptocurrency pump and dump scheme? What are some warning signs that investors should be aware of? Amid the always volatile cryptocurrency sector, there's a dark underbelly that investors need to be cautious of crypto pump and dump schemes. Bitcoin, once an avant-garde digital asset, has now established its presence with regulated exchanges, US approved ETFs, institutional interest, and futures contracts. However, in general, the crypto space remains a wild frontier, with even seemingly reputable projects succumbing to attacks, as evidenced by the historic 51% attacks on Bitcoin SV and Ethereum classic. Despite the bear market fluctuations, 2023 witnessed a surge in crypto scams with even more likely this year. Despite the seeming ‘legitimacy’ SEC-sanctioned ETFs bring to the market, investors must continue to exercise caution, as many seemingly genuine crypto projects are merely designed to exploit unsuspecting investors. Recognizing these fraudulent activities is crucial for preventing investment losses. A crypto pump and dump scheme is a type of market manipulation where a group of people coordinate to buy a low-priced or obscure cryptocurrency, create hype and false information about it, and then sell it at a higher price to unsuspecting buyers. This results in a sudden spike and crash in the price of the cryptocurrency, leaving many investors with losses. The origins of crypto pump and dump schemes can be traced to traditional securities fraud. These schemes targeted small-cap stocks in the equity market, involving a coordinated effort to artificially inflate the price of a stock and then swiftly sell for profit. In the cryptocurrency space, the same concept prevails, albeit with some variations. #pumpNdump #pumpiscoming #PEPE_EXPERT #MemeWatch2024

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BTC is currently on its crucial level.we can see downward move till 56K zones as BTC has form support liquidity. Further,BTC will react on Monday opening as the volume from other financial markets will flow in to the Crypto market. #BTC☀ #bitcoin☀️ #bitcoinupdates #btcupdates #MarketDownturn

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