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GWrite at BigFan of Money

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Is the news about USDT true?

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I can't agree less... every single word is true

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2 months ago my wallet was showing $70 after 3 years it finally grew back to $330, now I am seeing a -$20 what should I do?

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My mum lost all her life savings to a Trading Agency and here is why. Back in 2019 in the city where I am from there was a rise in trading companies and agencies that use people's money to trade and give them a certain % of the profit. This was simply because the concept of crypto was new to many and were too scared to partake in something they didn't fully understand. So it was safer to give it to a broker. My mum also invested a bit of her savings after months of seeing it paid her friend 15% of her capital. Time passed and there came COVID-19, it felt really good to be at home and still get 15 % of your capital in that hard time when you couldn't run your business and you live in a country where the Government can help you. Instead, they did what they knew to do best, make the people suffer, in the first few months of 2021 they dropped the bombshell. They set a ban and set of policies for crypto and crypto-related bank accounts. It singular act affected the lives of many, for my mum it was her savings, for my friend it was the money meant for her Japa plans before COVID-19 and for many others, it was ALL THEY HAVE. Why am I saying all this? You may ask, I want to share one lesson I learned from all this, is not enough to understand what you are putting your money in, it is important also to know the rules, regulations, and policies governing your city as regards where you want to put your money.

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Crypto: The World's Greatest Revolution or the Internet's Biggest Scam?* The cryptocurrency space has been a topic of intense debate in recent years. While some hail it as a revolutionary technology that will change the world, others dismiss it as a massive scam. But what's the truth? Is crypto a game-changer or a recipe for disaster? 📉The Case for Crypto Being the World's Greatest Revolution* Cryptocurrency and blockchain technology have the potential to decentralize power, democratize access to financial services, and promote transparency. By allowing individuals to control their own financial transactions without the need for intermediaries, crypto can provide access to financial services for the unbanked and underbanked populations. Moreover, crypto is driving innovation in areas like payments, finance, gaming, and more, disrupting traditional industries and creating new opportunities. The security and immutability offered by blockchain technology can also be a game-changer for various industries, from supply chain management to healthcare. 📈The Case for Crypto Being the Internet's Biggest Scam* On the other hand, the crypto space is largely unregulated, making it a breeding ground for scams, phishing, and Ponzi schemes. The lack of clear regulations and oversight has led to a proliferation of fraudulent activities, leaving investors vulnerable to significant losses. Furthermore, crypto markets can be highly volatile, and some argue that prices are manipulated by whales, bots, or other malicious actors. The lack of clear use cases or real-world applications for many crypto projects has also led some to question their legitimacy. The Verdict* So, is crypto the world's greatest revolution or the internet's biggest scam? The answer lies somewhere in between. While crypto has the potential to drive innovation and promote financial inclusion, it is also fraught with risks and uncertainties. As with any emerging technology, it's essential to approach crypto with caution and to educate yourself about the space. So visit #binancelearntoearn today.

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7 Life-Saving Tips to Avoid Losing Your Shit in a Bull Market! Here are essential tips for new crypto investors: 🤑Don't get greedy*: Know when to take profits and secure your gains. 🔚Have an exit strategy*: Define your sell plan before buying. 😰Discipline over emotion*: Sell when necessary, not because of FOMO or fear. 📈Bull markets reverse quickly*: Be prepared for sudden changes. 💸Don't chase every last gain*: Secure profits before momentum shifts. 📉Timing your sell matters*: Sometimes selling is harder than buying. 📆Plan ahead*: Set clear profit targets and stick to them. Remember, success in crypto requires discipline, strategy, and a clear mindset. Share with fellow crypto enthusiasts and avoid costly mistakes! #HaveYouBinanced #BULLRUN24 #BTCBreaking100KAgain? #MidNovemberMarket

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