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 might face. Let's explore some ways newcomers can encounter losses or get caught up in scams in the crypto realm. FOMO stands for "Fear of Missing Out." It's a term used to describe the feeling of anxiety or apprehension that someone might miss out on a rewarding opportunity or an exciting event. FOMO often arises when people see others making significant gains or profits from a particular investment, causing them to feel pressured to join in quickly to avoid missing out on potential profits. This fear can lead individuals to make impulsive or rushed investment decisions without conducting proper research or analysis. As a result, they might invest in assets solely based on the fear of missing out on quick gains, disregarding the risks and potential downsides.They may feel compelled to buy into the asset at a higher price, fearing that if they don't act immediately, they will miss the chance for substantial profits.In summary, FOMO in the context of cryptocurrency investing is the fear of missing out on a lucrative investment opportunity, often leading individuals to make rushed or impulsive decisions based on the fear of not being part of a potentially profitable trend.🔥1. Lack of Knowledge:Newcomers might dive into cryptocurrency without understanding how it works. They could fall for misleading information or invest in projects they don't fully grasp. It's crucial to learn the basics and research before investing to avoid potential losses.🔥2. Pump-and-Dump Schemes:Some scammers try to inflate the price of a cryptocurrency by spreading false information, creating hype, and then selling their coins once the price rises. Newbies might get caught up in these schemes, buying at high prices and experiencing losses when the value drops suddenly.🔥3. Phishing and Fake Websites:Scammers create fake websites or emails that look like legitimate cryptocurrency platforms. Newcomers might unknowingly share their private keys or login details, leading to hackers stealing their funds. It's essential to double-check website URLs and avoid sharing sensitive information.🔥4. Ponzi Schemes:Scammers might promise high returns or guaranteed profits through investment schemes. Newcomers could be lured into these schemes, investing their money only to find out it was a scam, leading to financial losses.🔥5. Unregulated Exchanges and Tokens:Using unregulated exchanges or investing in new, unknown tokens can be risky. Some exchanges might not have proper security measures, and new tokens could be fraudulent or lack value, causing losses for newcomers.Staying Safe in the Crypto Jungle:To avoid falling victim to scams or encountering losses in cryptocurrency:- Educate yourself: Learn about cryptocurrencies and how they work before investing.- Verify information: Double-check sources and websites to ensure legitimacy.- Use reputable platforms: Stick to well-known and regulated exchanges for transactions.- Avoid FOMO (Fear of Missing Out): Don’t invest hastily due to hype or pressure.- Secure your assets: Use strong passwords, enable two-factor authentication, and store your funds in secure wallets.If you find this educative, please like ,share and follow. You can support us with Tips as this would help us earn money and create more content #xmucan #BTC
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
You See the information we shared here, in the next 5-7 years, this update we shared for free here will be worth over $100,000
This is what nobody is telling you, but look at us here making Research and sharing this with you for free
Don’t play with our contents
Don’t play with our updates
You need to listen to Us and make use of this opportunity you have now
Read the post below ⬇️
LIVE
X mucaN
--
2017, $BNB was trading for less than $0.5 and we missed out on it, here is another opportunity for you, don’t miss out on this ⚠️⚠️⚠️
Binance $BNB went from $0.039 to $717 in June 06 2024
You know $BNB is the native token of Binance and most native tokens of other crypto exchanges are trading above $1
As of October 2017, with $1 you could get over 11 BNB tokens and today that is worth over $10,000
Today you have the opportunity of earning Blum tokens that could be worth over $20,000 in 3-5 years
A lot of people are going to earn BLUM tokens worth $200 from the Airdrop and they will sell it, what they sold for $200 could be worth more than $50,000 in 2-3 years
We are really encouraging you to please join and gather your Blum points, when the Airdrop finally happens, your Blum points will likely be converted to the native token ($BLUM)
By the way, Blum is a hybrid crypto exchange where you can trade your
L1/L2 tokens Classic tokens Meme coins Hot tokens and many more
Binance is currently having over 200M users after 7 years, while BLUM is already having 35M plus users in less than 6 months
To start earning the Blum points, tap and hold the link below for 2-3 seconds to copy it
https://tinyurl.com/3t35jxtv
Paste it on your browser and it will open with the required app, from there Tap the farm Button to earn points and you can also play the game to earn more points
Like this post for more person to know about this opportunity(people out there to know about this) and do well to follow for more updates
🫵🫵 You Reading This, I guess you want to miss out on an opportunity that can earn you up to $1,000 ?
Read The post below ⬇️
LIVE
X mucaN
--
2017, $BNB was trading for less than $0.5 and we missed out on it, here is another opportunity for you, don’t miss out on this ⚠️⚠️⚠️
Binance $BNB went from $0.039 to $717 in June 06 2024
You know $BNB is the native token of Binance and most native tokens of other crypto exchanges are trading above $1
As of October 2017, with $1 you could get over 11 BNB tokens and today that is worth over $10,000
Today you have the opportunity of earning Blum tokens that could be worth over $20,000 in 3-5 years
A lot of people are going to earn BLUM tokens worth $200 from the Airdrop and they will sell it, what they sold for $200 could be worth more than $50,000 in 2-3 years
We are really encouraging you to please join and gather your Blum points, when the Airdrop finally happens, your Blum points will likely be converted to the native token ($BLUM)
By the way, Blum is a hybrid crypto exchange where you can trade your
L1/L2 tokens Classic tokens Meme coins Hot tokens and many more
Binance is currently having over 200M users after 7 years, while BLUM is already having 35M plus users in less than 6 months
To start earning the Blum points, tap and hold the link below for 2-3 seconds to copy it
https://tinyurl.com/3t35jxtv
Paste it on your browser and it will open with the required app, from there Tap the farm Button to earn points and you can also play the game to earn more points
Like this post for more person to know about this opportunity(people out there to know about this) and do well to follow for more updates
If it is $XRP ,start buying it with any money you make from Airdrop
If it is $DOGE you prefer, start buying it whenever you make money from Airdrop
If it is $FLOKI , start buying it when ever you make money from Airdrop
Start building your portfolio
Stop spending everything you earn from Airdrop
Read the post below ⬇️
LIVE
X mucaN
--
If you don’t have $50, Read this
If you don’t have $100, Read This to the end ⬇️
In This 2024, they are several opportunities to make money from Telegram, if you don’t make money from Telegram this year then you are not serious enough and this the truth
Stop giving yourself excuses 🐥
Tell anyone crying for money about the opportunities on Telegram, let them go and work 🎨
Let them go and Tap
Let them go and Tap Tap Tap
Tell them about Us, tell them about the opportunities we share
We have never had this type of opportunity in the crypto space before
Right now, you can go from $0.00 to $100,000 without spending a single dollar
Right now teenagers are earning $250 - $500 steadily from Airdrop and crypto jobs and they are using this to build six figure portfolio
Go and Tap, Go and Tap Tap Tap Tap
Go and gather those points and don’t be shy about it, do it with every boldness in you
More Alpha Updates coming soon
Follow Us so you can get notified when next we drop the next Alpha Airdrop
We are not happy with the way some people move, yes it is your money but…. Why!!!
How do you earn up to $800 from $NOT Airdrop and 2 months later you don’t have anything attached to your name
We gave you the $NOT Airdrop
told you about its potential
Reminded you regularly that you should please take it seriously and you did
You made good money from the Airdrop and you sold everything, no problem, that’s fine
But, why would you sell everything and withdraw the whole money and spend it
No savings, No portfolio, No nothing
You want from $0.00 to over $800 then you intentionally went from over $800 to $0.00
If you continue this way, you will make up to $20,000 from Airdrop before 2024 ends but at the end of 2024, you won’t have $100 to your name and you know why ?
Because you will keep spending every single money you make from Airdrop
The Truth is, Airdrop will not make you Rich, Airdrop will only give you money and it is left for you to make use of it and build your own wealth
Stay Tuned and Follow For more alpha updates, we really have a lot to say
LIVE
X mucaN
--
If you don’t have $50, Read this
If you don’t have $100, Read This to the end ⬇️
In This 2024, they are several opportunities to make money from Telegram, if you don’t make money from Telegram this year then you are not serious enough and this the truth
Stop giving yourself excuses 🐥
Tell anyone crying for money about the opportunities on Telegram, let them go and work 🎨
Let them go and Tap
Let them go and Tap Tap Tap
Tell them about Us, tell them about the opportunities we share
We have never had this type of opportunity in the crypto space before
Right now, you can go from $0.00 to $100,000 without spending a single dollar
Right now teenagers are earning $250 - $500 steadily from Airdrop and crypto jobs and they are using this to build six figure portfolio
Go and Tap, Go and Tap Tap Tap Tap
Go and gather those points and don’t be shy about it, do it with every boldness in you
More Alpha Updates coming soon
Follow Us so you can get notified when next we drop the next Alpha Airdrop
Some people will make $5,000 from Airdrop and after 3-5 months, they will go back to $0.00, they will spend all the money, they won’t reserve anything, they won’t keep it in stables like $USDC
After 3-5 months, they will start from scratch again
Please, we are pleading with you, don’t be like this, when you make money from Airdrop, invest some or keep some in stable coins like $USDC or you can buy some $BTC and hold
You won’t lose much if it dumps and you won’t gain much if it pumps
Once you start growing, do everything possible not to go down to where you started from
If you made your first $200 from Airdrop, spend some and keep at least $50
Use the $50 to start building your portfolio
Stay tuned and follow for more alpha updates
LIVE
X mucaN
--
If you don’t have $50, Read this
If you don’t have $100, Read This to the end ⬇️
In This 2024, they are several opportunities to make money from Telegram, if you don’t make money from Telegram this year then you are not serious enough and this the truth
Stop giving yourself excuses 🐥
Tell anyone crying for money about the opportunities on Telegram, let them go and work 🎨
Let them go and Tap
Let them go and Tap Tap Tap
Tell them about Us, tell them about the opportunities we share
We have never had this type of opportunity in the crypto space before
Right now, you can go from $0.00 to $100,000 without spending a single dollar
Right now teenagers are earning $250 - $500 steadily from Airdrop and crypto jobs and they are using this to build six figure portfolio
Go and Tap, Go and Tap Tap Tap Tap
Go and gather those points and don’t be shy about it, do it with every boldness in you
More Alpha Updates coming soon
Follow Us so you can get notified when next we drop the next Alpha Airdrop
When you make $200 - $500 from Airdrop, find one solid project and start buying and building portfolio with it
You can decide to start buying and holding $NEAR
$NEAR is currently trading $5.731, you can start buying and storing it, keep buying until NEAR gets to the price of $SOL
NEAR has a lot of potential and one day you will see NEAR at $100 and when you see NEAR at $100, just know it is only getting started
Stay Tuned and Follow For more updates
LIVE
X mucaN
--
If you don’t have $50, Read this
If you don’t have $100, Read This to the end ⬇️
In This 2024, they are several opportunities to make money from Telegram, if you don’t make money from Telegram this year then you are not serious enough and this the truth
Stop giving yourself excuses 🐥
Tell anyone crying for money about the opportunities on Telegram, let them go and work 🎨
Let them go and Tap
Let them go and Tap Tap Tap
Tell them about Us, tell them about the opportunities we share
We have never had this type of opportunity in the crypto space before
Right now, you can go from $0.00 to $100,000 without spending a single dollar
Right now teenagers are earning $250 - $500 steadily from Airdrop and crypto jobs and they are using this to build six figure portfolio
Go and Tap, Go and Tap Tap Tap Tap
Go and gather those points and don’t be shy about it, do it with every boldness in you
More Alpha Updates coming soon
Follow Us so you can get notified when next we drop the next Alpha Airdrop
In This 2024, they are several opportunities to make money from Telegram, if you don’t make money from Telegram this year then you are not serious enough and this the truth
Stop giving yourself excuses 🐥
Tell anyone crying for money about the opportunities on Telegram, let them go and work 🎨
Let them go and Tap
Let them go and Tap Tap Tap
Tell them about Us, tell them about the opportunities we share
We have never had this type of opportunity in the crypto space before
Right now, you can go from $0.00 to $100,000 without spending a single dollar
Right now teenagers are earning $250 - $500 steadily from Airdrop and crypto jobs and they are using this to build six figure portfolio
Go and Tap, Go and Tap Tap Tap Tap
Go and gather those points and don’t be shy about it, do it with every boldness in you
More Alpha Updates coming soon
Follow Us so you can get notified when next we drop the next Alpha Airdrop
Regardless of what Happened with Pixel Verse🎨, please continue claiming your daily Rewards 📸 Continue your daily Combo, claim your farmed points regularly and if you can, play the game once in a while just to have activity going on
Doing the daily combo, claiming points and claiming daily rewards would take you a max of 5 minutes, after that you are done ⛓️
So, try your best to allocate 5 minutes of your time for pixel verse
We know what happened is painful 😖 but let’s be prepared for anything that comes along the line, who knows 👀🖼️
🐱 Based on the joint votes from Twitter and the Catizen Telegram Channel, Catizen will use vKitty🪙 (Cat Level - vKitty Production Rate) as the primary criterion for the $CATI governance token airdrop!
Level up your kitties, increase vKitty production, and secure more $CATI! 😻Every upgrade is a step towards a world where our feline friends heal and inspire us all.
Your cats are the heroes of the Catizen story! 🌟🐾💖
Don't forget to connect your wallet, or your airdrop might wander off like a curious kitty! 😼💸 Catizen's life: Play for airdrop🪂, Heal the world! 🌍