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Bitcoin Price Analysis: Using Wave Theory to Predict Future Movements
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🛡️ Stay Safe on P2P: Simple Tips for Sellers 🛡️ In Pakistan, two main types of P2P scams are currently prevalent. Here’s how they work and how you can stay safe: 1. Third-Party Payment Scam: How It Works: - 📱 Fake Ads: Scammers advertise discounted items like mobile phones or watches on Facebook and Instagram. - 📸 Attractive Lures: They provide attractive pictures and reviews to lure victims in. - 💸 Payment Info: Once the victim agrees to the deal, the scammer posts an ad on Binance and gets the payment information. - 📤 Victim's Payment: The victim sends money to the Binance merchant, believing it’s for their purchase. - 🆔 Fake CNIC: The scammer uses a fake CNIC to verify the payment and release USDT. - 🚫 Blocked Victim: The victim is left waiting for their purchase, and when they complain to the bank, it results in a dispute against the merchant's account. Precaution: - ❌ No Third-Party Payments: Never accept third-party payments, even if a CNIC is provided. 2. Same Person Scam: How It Works: - 💬 Group Join: Users who lack the 5000 USDT security fee for Binance merchantship join groups on Facebook or other platforms. - 💰 High Price Offer: Scammers offer to buy USDT at a high price and send payment immediately. - 🤝 Trust without Docs: Trusting the scammer, the user agrees to sell USDT without asking for documents. - 🏦 USDT Transfer: The user buys USDT on Binance and transfers it to the scammer. - ⚠️ Bank Complaint: Later, the scammer files a complaint with the bank, blocking the buyer's account and causing a dispute for the merchant. Precaution: - 📹 Request Video Statement: Always request a video statement and transaction history of the last three days from the buyer. - ❓Investigate Sources: If they have received money from unknown sources, ask about it, get a CNIC, or cancel the trade. By staying vigilant and following these precautions, sellers can protect themselves from P2P bank disputes and ensure safe trading. #P2PTrading #P2PScamAwareness
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Us spot Ethereum ETFs will start trading on July 23, following approval by the SEC in May. Here are the firms that have received the green light to launch their ETFs: ⚫️BlackRock ⚫️Grayscale ⚫️21Shares ⚫️ProShares ⚫️Fidelity ⚫️VanEck ⚫️Franklin Templeton ⚫️Invesco/Galaxy Digital ⚫️Bitwise ⚫️Hashdex #BTC☀ #ETH
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🚨 Bitcoin’s Next Move: $72K or Bust! 🚨 Bitcoin is at a crucial point. If it crosses $72K, it could reach $160K in the coming years! 📈 But if it fails to break $72K, we might see it drop to $5K coming years. 📉 It’s a make-or-break moment for Bitcoin. War of Survival #Bitcoin #Crypto #BTC #MarketWatch #Alert
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If You Put $10,000 into $XRP in September 2018 💸 Today, you would still have $10,000 🤯 99% of altcoins are doomed to dump/never grow. Here are 10 coins you should AVOID (you're probably holding them) and how to recognize them 🧵👇 Three Main Types of Altcoins to Avoid: 1️⃣ Old and Overvalued Projects: - Characteristics: - No technology and no upside. - Doomed to fall relative to $ETH in the long term. - Example: - @Ripple | XRP - Designed for fast and cheap international money transfers. - An unnecessary fork of $BTC with an overly inflated valuation. - Not the worst coin, but $ETH or $BTC will always be better. 2️⃣ Artificial Tokens: - Characteristics: - Supply completely controlled by the team/VCs. - Value is manipulated. - Risks: - The price does not reflect the true market value. - Risk of being dumped by -99% at any moment. - Example: - @worldcoin | $WLD - An artificial coin with supply completely controlled. - Value can be manipulated, and it will likely be dumped eventually. 3️⃣ Projects from Past Trends or High FDV, Low MC, and Constant Sell Pressure: - Characteristics: - Originated from old, irrelevant trends (e.g., dead P2E games). - High Fully Diluted Valuation (FDV) and low Market Cap (MC). - Constant sell pressure. - Risks: - Doomed to a slow death. - Buying these tokens = becoming exit liquidity for VCs. Examples of Doomed Tokens: 1. @worldcoin | $WLD - Completely controlled supply. - Likely to be dumped. 2. @Ripple | $XRP - Unnecessary fork of $BTC. - Overly inflated valuation. 3. @eth_classic | $ETC - A split from $ETH in 2016. - Largely ignored by developers and has almost no prospects. You need to know how to recognize these projects and distinguish junk from gems! #btc #eth #xrp
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