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đŸ—žïžOne of the deployer private keys for #unshETH contracts was compromised. Withdrawals were pausedon unshETH Ether. unshETH Ether deposits ($35m tvl) are secured with multisig + timelock and are not at risk. Source: unshETH Twitter #KeepBuilding #KeepParticipating #dyor
đŸ—žïžOne of the deployer private keys for #unshETH contracts was compromised.

Withdrawals were pausedon unshETH Ether. unshETH Ether deposits ($35m tvl) are secured with multisig + timelock and are not at risk.

Source: unshETH Twitter

#KeepBuilding #KeepParticipating #dyor
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Bearish
Having a USD200 gain from trading and then trying to flip that to USD10,000 overnight is not feasible. That will take you about 8/9 months- 1 year-2 years ofsteady grind and you have to be prepared for that. People are not ready to do that. Because their mindset is not comfortable with how much money is feasible per day to gain with the money you are currently trading with. #KeepParticipating #KeepLearning #BRC20
Having a USD200 gain from trading and then trying to flip that to USD10,000 overnight
is not feasible. That will take you about 8/9 months- 1 year-2 years ofsteady grind and
you have to be prepared for that. People are not ready to do that. Because their mindset is not comfortable with how much money is feasible per day to gain with the money you are currently trading with.

#KeepParticipating #KeepLearning #BRC20
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CRYPTO MECHANIC
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#Op
prie didn't drop after a big token unlock
looks like it wants to go up.
Trade ideas may be disputed by a lot of people, but that doesn’t invalidate their views or show that one person is right or wrong. However it is all down to their comfort level. #KeepParticipating #KeepPosting
Trade ideas may be disputed by a lot of people, but that doesn’t invalidate their views

or show that one person is right or wrong. However it is all down to their comfort level.

#KeepParticipating #KeepPosting
9 Tips to create good content on social networks and increase your level of interactionHere are some tips on how to create quality post that get a lot of engagement: Choose the right platform: Not all social media platform are the same, some platforms are better suited for certain types of content than other, all of these platforms are designed to encourage participation and have large user bases that are regularly active. Post high-quality content: This may seem like a no-brainer, but it bears repeating, if you want people to engage with your posts, you need to make sure they are worth engaging with, this means posting content that is interesting, informative or entertaining, it also means making sure your post are well written and visually appealing. Be consistent: The more often you post the more likely you are to generate engagement, however, it's important to find a balance between posting too much and posting too little, if you post too much people will start to tune you out, if you post too little, you'll miss out on opportunities to connect with your audience. Use Hashtags: Hashtags are a great way to get more people to see your posts, when you use relevant hashtags, your posts will appear in search results for those hashtags, this can help you reach a larger audience and generate more engagement. Interact with your audience: One of the best ways to encourage interaction is to engage with your audience, this means responding to comments, liking and sharing other pleople's post, and participating in conversations, when you take the time to interact with your audience, you show them that you care about them and are interested in what they have to say. Use images: Visual content is more engaging than text-only, when you use images in your posts you are more likely to grab people's attention and encourage them to interact. Tell Stories: People love stories, when you tell stories in your posts, you are more likely to connect with your audience on an emotional level, this can lead to more participation. Be Yourself: People can spot a fake from a mile away, if you try to be someone you're not, people will see right through you, just be yourself and let your personality shine through in your posts. Have Fun: Social media should be fun, if you're not having fun, it's going to be hard to generate genuine engagement so kick back, have fun, and let your personality shine through. By following these tips, you can create quality post that get a lot of engagement on social media. If you liked this post, give it a like, share it with your friends, and comment on them and you will help me to continue writing many more incredible posts, many successes for you!👍 #contentcreator #KeepPosting #KeepParticipating #Binancefeed

9 Tips to create good content on social networks and increase your level of interaction

Here are some tips on how to create quality post that get a lot of engagement:

Choose the right platform: Not all social media platform are the same, some platforms are better suited for certain types of content than other, all of these platforms are designed to encourage participation and have large user bases that are regularly active.

Post high-quality content: This may seem like a no-brainer, but it bears repeating, if you want people to engage with your posts, you need to make sure they are worth engaging with, this means posting content that is interesting, informative or entertaining, it also means making sure your post are well written and visually appealing.

Be consistent: The more often you post the more likely you are to generate engagement, however, it's important to find a balance between posting too much and posting too little, if you post too much people will start to tune you out, if you post too little, you'll miss out on opportunities to connect with your audience.

Use Hashtags: Hashtags are a great way to get more people to see your posts, when you use relevant hashtags, your posts will appear in search results for those hashtags, this can help you reach a larger audience and generate more engagement.

Interact with your audience: One of the best ways to encourage interaction is to engage with your audience, this means responding to comments, liking and sharing other pleople's post, and participating in conversations, when you take the time to interact with your audience, you show them that you care about them and are interested in what they have to say.

Use images: Visual content is more engaging than text-only, when you use images in your posts you are more likely to grab people's attention and encourage them to interact.

Tell Stories: People love stories, when you tell stories in your posts, you are more likely to connect with your audience on an emotional level, this can lead to more participation.

Be Yourself: People can spot a fake from a mile away, if you try to be someone you're not, people will see right through you, just be yourself and let your personality shine through in your posts.

Have Fun: Social media should be fun, if you're not having fun, it's going to be hard to generate genuine engagement so kick back, have fun, and let your personality shine through.

By following these tips, you can create quality post that get a lot of engagement on social media.

If you liked this post, give it a like, share it with your friends, and comment on them and you will help me to continue writing many more incredible posts, many successes for you!👍

#contentcreator #KeepPosting #KeepParticipating #Binancefeed
Etf move from InvescoInvesco, an investment management company with assets under management of $1.4 trillion, has reapplied for a spot bitcoin exchange-traded fund (ETF). Invesco's initial application was made in 2021, in partnership with Galaxy Digital. The company had also filed for a bitcoin futures ETF but withdrew the application in October 2021 after ProShares received approval and started operating. Now, Invesco claims that its lack of a spot bitcoin ETF has led its users to alternative platforms such as FTX, Celsius Network, BlockFi, and Voyager Digital Holdings. The company emphasizes the importance of investor protection, stating that the need is for a regulated market, rather than self-regulation within the spot bitcoin market. BlackRock (BLK) recently expressed a similar view, suggesting that Nasdaq could be suitable for this role. Graeme Moore, the Tokenization Lead at the Polymesh Association, previously stated in an interview, "The SEC is very concerned about market manipulation around bitcoin prices, and they highlight that in almost all of their rejections. It's because the SEC sees exchanges like Coinbase as unregulated and therefore unreliable in preventing 'manipulative acts and practices'." Invesco is not the only company affected by rejection decisions. For example, GrayScale filed a lawsuit against the SEC due to the rejection of its bitcoin spot ETF. GrayScale CEO Michael Sonnenshein mentioned during a Consensus conference speech that they expect a decision by September. #BinanceTournament #googleai #KeepPosting #cryptocurrency #KeepParticipating

Etf move from Invesco

Invesco, an investment management company with assets under management of $1.4 trillion, has reapplied for a spot bitcoin exchange-traded fund (ETF).

Invesco's initial application was made in 2021, in partnership with Galaxy Digital. The company had also filed for a bitcoin futures ETF but withdrew the application in October 2021 after ProShares received approval and started operating.

Now, Invesco claims that its lack of a spot bitcoin ETF has led its users to alternative platforms such as FTX, Celsius Network, BlockFi, and Voyager Digital Holdings.

The company emphasizes the importance of investor protection, stating that the need is for a regulated market, rather than self-regulation within the spot bitcoin market.

BlackRock (BLK) recently expressed a similar view, suggesting that Nasdaq could be suitable for this role.

Graeme Moore, the Tokenization Lead at the Polymesh Association, previously stated in an interview, "The SEC is very concerned about market manipulation around bitcoin prices, and they highlight that in almost all of their rejections. It's because the SEC sees exchanges like Coinbase as unregulated and therefore unreliable in preventing 'manipulative acts and practices'."

Invesco is not the only company affected by rejection decisions. For example, GrayScale filed a lawsuit against the SEC due to the rejection of its bitcoin spot ETF. GrayScale CEO Michael Sonnenshein mentioned during a Consensus conference speech that they expect a decision by September.

#BinanceTournament #googleai #KeepPosting #cryptocurrency #KeepParticipating
What’s the point of winning weeks or months at a time if a few big losses wipe out the majority of those gains? Focusing and reflecting on your losing trades so you don‘t make the same mistakes again might make you more than trying to find the next big trade or edge. #KeepParticipating #KeepBulding
What’s the point of winning weeks or months at a time if a few big losses wipe out the majority of those gains?

Focusing and reflecting on your losing trades so you don‘t make the same mistakes again might make you more than trying to find the next big trade or edge.

#KeepParticipating #KeepBulding
Optimism successfully completed its Bedrock fork on June 6, 2023Optimism successfully completed its Bedrock hard fork on June 6, 2023. The upgrade is designed to improve the scalability, security, and resiliency of Optimism's network. Some of the key benefits of the Bedrock hard fork include: Reduced deposit times: Optimism deposit confirmation times have been reduced from 10 minutes to 1 minute. This will make it faster and easier for users to deposit funds into the Optimism network. Reduced Tier 1 Fees: Tier 1 fees in Optimism have been reduced by 40%. This will make it cheaper for users to interact with the Optimism network. Additional Security Features: The Bedrock hard fork has also implemented a number of additional security features, such as a new fraud-proofing system and a new sequencer consensus algorithm. These features will help protect Optimism's network from attacks. The Bedrock hard fork is a major milestone for the Optimism network. It will help make the network more scalable, secure and flexible. This will make it more attractive to developers and users, and will help accelerate the adoption of Optimism as a Layer 2 scaling solution for Ethereum. In addition to the benefits mentioned above, the Bedrock hard fork also includes a number of other improvements, such as: Improved Modularity: The Bedrock update makes the Optimism network more modular, which will make it easier for developers to build custom applications on top of the network. Enhanced Tools: The Bedrock update includes a number of new developer tools and resources, including a new SDK and a new developer portal. Improved Documentation: The Bedrock update includes improved documentation for developers, making it easier to learn about the Optimism network and how to build applications on top of it. Overall, the Bedrock hard fork is a significant upgrade to the Optimism network. It will make the network more scalable, secure, flexible and easy to develop. This will help accelerate the adoption of Optimism as a Layer 2 scaling solution for Ethereum. #Optimism #Op #KeepPosting #KeepParticipating

Optimism successfully completed its Bedrock fork on June 6, 2023

Optimism successfully completed its Bedrock hard fork on June 6, 2023. The upgrade is designed to improve the scalability, security, and resiliency of Optimism's network. Some of the key benefits of the Bedrock hard fork include:

Reduced deposit times: Optimism deposit confirmation times have been reduced from 10 minutes to 1 minute. This will make it faster and easier for users to deposit funds into the Optimism network.

Reduced Tier 1 Fees: Tier 1 fees in Optimism have been reduced by 40%. This will make it cheaper for users to interact with the Optimism network.

Additional Security Features: The Bedrock hard fork has also implemented a number of additional security features, such as a new fraud-proofing system and a new sequencer consensus algorithm. These features will help protect Optimism's network from attacks.

The Bedrock hard fork is a major milestone for the Optimism network. It will help make the network more scalable, secure and flexible. This will make it more attractive to developers and users, and will help accelerate the adoption of Optimism as a Layer 2 scaling solution for Ethereum.

In addition to the benefits mentioned above, the Bedrock hard fork also includes a number of other improvements, such as:

Improved Modularity: The Bedrock update makes the Optimism network more modular, which will make it easier for developers to build custom applications on top of the network.

Enhanced Tools: The Bedrock update includes a number of new developer tools and resources, including a new SDK and a new developer portal.

Improved Documentation: The Bedrock update includes improved documentation for developers, making it easier to learn about the Optimism network and how to build applications on top of it.

Overall, the Bedrock hard fork is a significant upgrade to the Optimism network. It will make the network more scalable, secure, flexible and easy to develop. This will help accelerate the adoption of Optimism as a Layer 2 scaling solution for Ethereum.

#Optimism #Op #KeepPosting #KeepParticipating
A Systematic Review of Blockchain & Why Its ImportantBlockchain is a secure, decentralized, and transparent way of recording transactions that can be used to store data and create digital assets. How Blockchain is distributed 1. Security One of the most important benefits of blockchain technology is its security. Traditional databases and ledgers are vulnerable to hacking and other forms of cyber attack, but blockchain uses advanced cryptographic algorithms to ensure that data is stored securely. Each block in the chain is linked to the previous one, creating an unbreakable chain of data that cannot be altered or deleted without the consensus of the network. This makes blockchain ideal for storing sensitive data such as financial information, medical records, and personal identities. 2. Decentralization Another key benefit of blockchain is its decentralized nature. Unlike traditional databases that are controlled by a single entity, blockchain is distributed across a network of nodes. This means that no single party has control over the data, and there is no central point of failure. Transactions are verified by a network of users, rather than a centralized authority, which makes blockchain more resistant to censorship and corruption. 3. Transparency Blockchain is also transparent, meaning that anyone can view the data stored on the network. This makes it ideal for applications such as supply chain management, where it's important to track the movement of goods from one point to another. By recording every transaction on the blockchain, it's possible to create an immutable record of every step in the process. This can help to improve efficiency, reduce fraud, and increase trust between parties . 4. Efficiency Blockchain has the potential to revolutionize many industries by streamlining processes and reducing costs. For example, in the financial industry, blockchain can be used to facilitate faster and cheaper cross-border payments. By eliminating the need for intermediaries such as banks, blockchain can reduce transaction fees and speed up the process of transferring money between countries. Similarly, in the healthcare industry, blockchain can be used to securely store and share medical records, reducing the administrative burden on healthcare providers and improving patient outcomes. 5. Innovation Finally, blockchain is important because it's a platform for innovation. As more developers and entrepreneurs explore the potential of blockchain, we're likely to see new applications and use cases emerge. This could include everything from decentralized social networks to autonomous vehicles that use blockchain to communicate with each other. By providing a secure and decentralized platform for innovation, blockchain has the potential to transform many aspects of our lives. In conclusion, blockchain is important because it offers a secure, decentralized, transparent, efficient, and innovative way to store and transfer data and assets. As blockchain technology continues to evolve, we're likely to see new applications and use cases emerge, making it one of the most exciting and important technological innovations of our time. i hope you liked the article on #BlockchainTechnology all thanks to #Binance for providing this opportunity to write for you. #KeepLearning #KeepParticipating #KeepBuilding

A Systematic Review of Blockchain & Why Its Important

Blockchain is a secure, decentralized, and transparent way of recording transactions that can be used to store data and create digital assets.

How Blockchain is distributed

1. Security

One of the most important benefits of blockchain technology is its security. Traditional databases and ledgers are vulnerable to hacking and other forms of cyber attack, but blockchain uses advanced cryptographic algorithms to ensure that data is stored securely. Each block in the chain is linked to the previous one, creating an unbreakable chain of data that cannot be altered or deleted without the consensus of the network. This makes blockchain ideal for storing sensitive data such as financial information, medical records, and personal identities.

2. Decentralization

Another key benefit of blockchain is its decentralized nature. Unlike traditional databases that are controlled by a single entity, blockchain is distributed across a network of nodes. This means that no single party has control over the data, and there is no central point of failure. Transactions are verified by a network of users, rather than a centralized authority, which makes blockchain more resistant to censorship and corruption.

3. Transparency

Blockchain is also transparent, meaning that anyone can view the data stored on the network. This makes it ideal for applications such as supply chain management, where it's important to track the movement of goods from one point to another. By recording every transaction on the blockchain, it's possible to create an immutable record of every step in the process. This can help to improve efficiency, reduce fraud, and increase trust between parties

. 4. Efficiency

Blockchain has the potential to revolutionize many industries by streamlining processes and reducing costs. For example, in the financial industry, blockchain can be used to facilitate faster and cheaper cross-border payments. By eliminating the need for intermediaries such as banks, blockchain can reduce transaction fees and speed up the process of transferring money between countries. Similarly, in the healthcare industry, blockchain can be used to securely store and share medical records, reducing the administrative burden on healthcare providers and improving patient outcomes.

5. Innovation

Finally, blockchain is important because it's a platform for innovation. As more developers and entrepreneurs explore the potential of blockchain, we're likely to see new applications and use cases emerge. This could include everything from decentralized social networks to autonomous vehicles that use blockchain to communicate with each other. By providing a secure and decentralized platform for innovation, blockchain has the potential to transform many aspects of our lives. In conclusion, blockchain is important because it offers a secure, decentralized, transparent, efficient, and innovative way to store and transfer data and assets. As blockchain technology continues to evolve, we're likely to see new applications and use cases emerge, making it one of the most exciting and important technological innovations of our time.

i hope you liked the article on #BlockchainTechnology all thanks to #Binance for providing this opportunity to write for you.

#KeepLearning #KeepParticipating #KeepBuilding
⚡ VC trio sues Curve founder for ‘deception’ and handling of trade secrets. ParaFi, Framework Ventures, and 1kx claim that Curve founder Michael Egorov was involved in deceptive practices. In the suit, the VCs say his ‘misappropriation of trade secrets’ resulted in financial damages. Egorov’s legal team says the lawsuit’s claims are ‘nothing more than a clever narrative.’ Source: #Dlnews #crypto2023 #KeepPosting #KeepParticipating #dyor
⚡ VC trio sues Curve founder for ‘deception’ and handling of trade secrets.

ParaFi, Framework Ventures, and 1kx claim that Curve founder Michael Egorov was involved in deceptive practices.

In the suit, the VCs say his ‘misappropriation of trade secrets’ resulted in financial damages.

Egorov’s legal team says the lawsuit’s claims are ‘nothing more than a clever narrative.’

Source: #Dlnews

#crypto2023 #KeepPosting #KeepParticipating #dyor
A Systematic Review of Blockchain & Why Its ImportantBlockchain is a secure, decentralized, and transparent way of recording transactions that can be used to store data and create digital assets. How Blockchain is distributed 1. Security One of the most important benefits of blockchain technology is its security. Traditional databases and ledgers are vulnerable to hacking and other forms of cyber attack, but blockchain uses advanced cryptographic algorithms to ensure that data is stored securely. Each block in the chain is linked to the previous one, creating an unbreakable chain of data that cannot be altered or deleted without the consensus of the network. This makes blockchain ideal for storing sensitive data such as financial information, medical records, and personal identities. 2. Decentralization Another key benefit of blockchain is its decentralized nature. Unlike traditional databases that are controlled by a single entity, blockchain is distributed across a network of nodes. This means that no single party has control over the data, and there is no central point of failure. Transactions are verified by a network of users, rather than a centralized authority, which makes blockchain more resistant to censorship and corruption. 3. Transparency Blockchain is also transparent, meaning that anyone can view the data stored on the network. This makes it ideal for applications such as supply chain management, where it's important to track the movement of goods from one point to another. By recording every transaction on the blockchain, it's possible to create an immutable record of every step in the process. This can help to improve efficiency, reduce fraud, and increase trust between parties . 4. Efficiency Blockchain has the potential to revolutionize many industries by streamlining processes and reducing costs. For example, in the financial industry, blockchain can be used to facilitate faster and cheaper cross-border payments. By eliminating the need for intermediaries such as banks, blockchain can reduce transaction fees and speed up the process of transferring money between countries. Similarly, in the healthcare industry, blockchain can be used to securely store and share medical records, reducing the administrative burden on healthcare providers and improving patient outcomes. 5. Innovation Finally, blockchain is important because it's a platform for innovation. As more developers and entrepreneurs explore the potential of blockchain, we're likely to see new applications and use cases emerge. This could include everything from decentralized social networks to autonomous vehicles that use blockchain to communicate with each other. By providing a secure and decentralized platform for innovation, blockchain has the potential to transform many aspects of our lives. In conclusion, blockchain is important because it offers a secure, decentralized, transparent, efficient, and innovative way to store and transfer data and assets. As blockchain technology continues to evolve, we're likely to see new applications and use cases emerge, making it one of the most exciting and important technological innovations of our time. i hope you liked the article on #BlockchainTechnology all thanks to #Binance for providing this opportunity to write for you. #KeepLearning #KeepParticipating #KeepBuilding

A Systematic Review of Blockchain & Why Its Important

Blockchain is a secure, decentralized, and transparent way of recording transactions that can be used to store data and create digital assets.

How Blockchain is distributed

1. Security

One of the most important benefits of blockchain technology is its security. Traditional databases and ledgers are vulnerable to hacking and other forms of cyber attack, but blockchain uses advanced cryptographic algorithms to ensure that data is stored securely. Each block in the chain is linked to the previous one, creating an unbreakable chain of data that cannot be altered or deleted without the consensus of the network. This makes blockchain ideal for storing sensitive data such as financial information, medical records, and personal identities.

2. Decentralization

Another key benefit of blockchain is its decentralized nature. Unlike traditional databases that are controlled by a single entity, blockchain is distributed across a network of nodes. This means that no single party has control over the data, and there is no central point of failure. Transactions are verified by a network of users, rather than a centralized authority, which makes blockchain more resistant to censorship and corruption.

3. Transparency

Blockchain is also transparent, meaning that anyone can view the data stored on the network. This makes it ideal for applications such as supply chain management, where it's important to track the movement of goods from one point to another. By recording every transaction on the blockchain, it's possible to create an immutable record of every step in the process. This can help to improve efficiency, reduce fraud, and increase trust between parties

. 4. Efficiency

Blockchain has the potential to revolutionize many industries by streamlining processes and reducing costs. For example, in the financial industry, blockchain can be used to facilitate faster and cheaper cross-border payments. By eliminating the need for intermediaries such as banks, blockchain can reduce transaction fees and speed up the process of transferring money between countries. Similarly, in the healthcare industry, blockchain can be used to securely store and share medical records, reducing the administrative burden on healthcare providers and improving patient outcomes.

5. Innovation

Finally, blockchain is important because it's a platform for innovation. As more developers and entrepreneurs explore the potential of blockchain, we're likely to see new applications and use cases emerge. This could include everything from decentralized social networks to autonomous vehicles that use blockchain to communicate with each other. By providing a secure and decentralized platform for innovation, blockchain has the potential to transform many aspects of our lives. In conclusion, blockchain is important because it offers a secure, decentralized, transparent, efficient, and innovative way to store and transfer data and assets. As blockchain technology continues to evolve, we're likely to see new applications and use cases emerge, making it one of the most exciting and important technological innovations of our time.

i hope you liked the article on #BlockchainTechnology all thanks to #Binance for providing this opportunity to write for you.

#KeepLearning #KeepParticipating #KeepBuilding
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Bullish
đŸ”„ Injective has introduced the Open Liquidity Program that enables anyone to participate in on-chain liquidity to earn rewards. INJECTIVE ECOSYSTEM is a decentralized finance (DeFi) protocol. INJ holders can also earn rewards and take part in liquidity mining programs. #KeepParticipating #KeepBulding #INJ
đŸ”„ Injective has introduced the Open Liquidity Program that enables anyone to participate in on-chain liquidity to earn rewards.
INJECTIVE ECOSYSTEM is a decentralized finance (DeFi) protocol. INJ holders can also earn rewards and take part in liquidity mining programs.

#KeepParticipating #KeepBulding #INJ
✅ You want to follow a project from the start, it is better to be connected to all their social networks. It takes time, connection, patience, research. But it is better because do not expect miracles in the field of cryptos. Either you get the information in time and you take advantage or you take the information late and you watch the train leave. Here are my different favorite social networks to detect projects: Twitter Mirror Reddit GitHub Medium Next time I'll tell you who I am to be on the lookout for information 😊 This list is not exhaustive, there are lots of them. You can leave what you know in the comments 🙂 #dyor #NotAnInvestmentAdvice #KeepParticipating #KeepBulding
✅ You want to follow a project from the start, it is better to be connected to all their social networks. It takes time, connection, patience, research. But it is better because do not expect miracles in the field of cryptos. Either you get the information in time and you take advantage or you take the information late and you watch the train leave. Here are my different favorite social networks to detect projects:

Twitter
Mirror
Reddit
GitHub
Medium

Next time I'll tell you who I am to be on the lookout for information 😊

This list is not exhaustive, there are lots of them. You can leave what you know in the comments 🙂

#dyor #NotAnInvestmentAdvice #KeepParticipating #KeepBulding
Your learning curve to being a profitable trader depends on how good you are in controlling yourself. It can take 6 months for some people and 1 year or 2 years for others. There is never a one size fit approach to it. #KeepParticipating #KeepPosting #KeepBuilding
Your learning curve to being a profitable trader depends on how good you are in controlling yourself. It can take 6 months for some people and 1 year or 2 years for others.
There is never a one size fit approach to it.

#KeepParticipating #KeepPosting #KeepBuilding
5 Reasons Why You Are failing In Cryptos#KeepPosting #KeepParticipating #dyor #BinanceAcademy #Safu Many people fail and even go bankrupt trying to venture into crypto investing and several factors can contribute to these failures. Here are some common reasons: High volatility: Cryptocurrencies are known for their significant volatility. Prices can fluctuate significantly and rapidly, which can result in large gains, but also large losses. Investors who do not understand or are unprepared to manage this volatility may suffer significant losses. Lack of research and knowledge: Investing in cryptocurrencies requires a thorough understanding of the underlying technology, specific projects, market drivers and associated risks. Investors who jump in without doing adequate research or acquiring enough knowledge may make investment decisions that are unwise or based on misinformation. Lack of diversification: Diversification is an important strategy for reducing risk in any type of investment. Investing all your capital in a single cryptocurrency or in a limited number of projects increases the risks considerably. If these projects fail or suffer significant losses, the investor may lose all of his capital. A more conservative approach is to diversify investments into different cryptocurrencies or other asset classes. Scams and cases of fraud: The cryptocurrency market is unfortunately prone to scams and fraud. There are many fraudulent or dishonest schemes that seek to exploit inexperienced investors. Investors should be vigilant and exercise caution when choosing the projects in which to invest and check the legitimacy of teams and companies. Lack of risk management: Risk management is essential in any investment. Some investors may get carried away by emotions such as greed or fear, which may cause them to make irrational decisions or fail to define an exit strategy. It is important to establish clear investment objectives, to define acceptable loss limits and to remain disciplined in the execution of your strategy. It is essential to note that investing in cryptocurrencies involves significant risks and it is recommended that you consult a professional financial advisor before making any investment decisions. This does not in any way constitute investment advice and this list is not exhaustive. Always do your research and don't venture on anything that's super pretentious and juicy.

5 Reasons Why You Are failing In Cryptos

#KeepPosting #KeepParticipating #dyor #BinanceAcademy #Safu

Many people fail and even go bankrupt trying to venture into crypto investing and several factors can contribute to these failures. Here are some common reasons:

High volatility: Cryptocurrencies are known for their significant volatility. Prices can fluctuate significantly and rapidly, which can result in large gains, but also large losses. Investors who do not understand or are unprepared to manage this volatility may suffer significant losses.

Lack of research and knowledge: Investing in cryptocurrencies requires a thorough understanding of the underlying technology, specific projects, market drivers and associated risks. Investors who jump in without doing adequate research or acquiring enough knowledge may make investment decisions that are unwise or based on misinformation.

Lack of diversification: Diversification is an important strategy for reducing risk in any type of investment. Investing all your capital in a single cryptocurrency or in a limited number of projects increases the risks considerably. If these projects fail or suffer significant losses, the investor may lose all of his capital. A more conservative approach is to diversify investments into different cryptocurrencies or other asset classes.

Scams and cases of fraud: The cryptocurrency market is unfortunately prone to scams and fraud. There are many fraudulent or dishonest schemes that seek to exploit inexperienced investors. Investors should be vigilant and exercise caution when choosing the projects in which to invest and check the legitimacy of teams and companies.

Lack of risk management: Risk management is essential in any investment. Some investors may get carried away by emotions such as greed or fear, which may cause them to make irrational decisions or fail to define an exit strategy. It is important to establish clear investment objectives, to define acceptable loss limits and to remain disciplined in the execution of your strategy.

It is essential to note that investing in cryptocurrencies involves significant risks and it is recommended that you consult a professional financial advisor before making any investment decisions. This does not in any way constitute investment advice and this list is not exhaustive. Always do your research and don't venture on anything that's super pretentious and juicy.
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