What do you use to get information? I downloaded Binance 4 days ago and I don't know what sites/newspapers to use. Do you have any advice?
LIVE
Zenida
--
HERE'S HOW TO GET SCAMMED WITH CRYPTOS
I am new to the world of cryptocurrencies, but one thing is clear, it is a market dominated by the will of whales.
Everyone talks about it, it's true, but many continue to fall for it. This is extremely easy, because almost all cryptos have ridiculous volumes and a few million dollars are enough to drug the market. Even the most famous currencies move very low capital.
So how do you defend yourself? Avoid buying currencies that are in the top performers list, because they have often been the subject of whales. If you see a sharply higher-than-normal spike in the chart and there is no public information to justify such a jump, then it is a trap. If you buy when the spike is already evident, it is already too late, it will not rise much further, in fact, it can only collapse.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.