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"đš CASHING OUT IN CRYPTO? READ THIS FIRST
Congrats on your multi-million dollar payday! But before you cash out, beware of these potential pitfalls:
Banks will take notice: Expect scrutiny and red carpet treatment, but also be prepared for account freezes and investigations.
Black money risks: Don't deal with shady actors or lesser-known platforms. You could end up with illegally obtained funds and face severe consequences.
Potential nightmares: Account freezes, confiscated funds, legal action, and even jail time!
Stay smart and secure: Avoid suspicious rates, stick to legit platforms, vet your buyers, and avoid cash transactions.
Key takeaways: Verify everything, use legit platforms, and ensure a smooth exit. Protect your millions and don't let one wrong move ruin your success!
#CryptocurrencyPredictions #cashout #security #protection
Banks will take notice: Expect scrutiny and red carpet treatment, but also be prepared for account freezes and investigations.
Black money risks: Don't deal with shady actors or lesser-known platforms. You could end up with illegally obtained funds and face severe consequences.
Potential nightmares: Account freezes, confiscated funds, legal action, and even jail time!
Stay smart and secure: Avoid suspicious rates, stick to legit platforms, vet your buyers, and avoid cash transactions.
Key takeaways: Verify everything, use legit platforms, and ensure a smooth exit. Protect your millions and don't let one wrong move ruin your success!
#CryptocurrencyPredictions #cashout #security #protection
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SENIOR HOLDER TAKES PROFITS & MARKET PSYCHOLOGY IS WORRIED
Hodler temporarily stopped taking profits
Long-term Bitcoin holders (Hodlers) are pausing profit-taking, reflecting a shift in sentiment akin to mid-2021 before Bitcoin hit its all-time high of $69,000. This indicates a change in strategy for long-term investors, who have been capitalizing on gains since the beginning of the year.
All is quiet on the sponsorship front
Long-term Bitcoin holders (Hodlers) are pausing profit-taking, reflecting a shift in sentiment akin to mid-2021 before Bitcoin hit its all-time high of $69,000. This indicates a change in strategy for long-term investors, who have been capitalizing on gains since the beginning of the year.
All is quiet on the sponsorship front
Users of MetaMask will be able to use the "cash-out" feature, which will offer the conversion of cryptocurrencies into fiat currencies to be sent to a bank account. In the initial stage, this feature will be available to PayPal users in the United States, the United Kingdom, and select European countries. #MetaMask #cryptocurrency #PayPal #conversion #cashout
