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PatriciaNFT
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How are you guys feeling about the new coin Ethena?
$ENA
Bullish
74%
Bearish
26%
124 votes âą Voting closed
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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ENA
0.251
+9.60%
595
0
Replies
2
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PatriciaNFT
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â ïžSTAKE YOUR CRYPTOSâ ïž Let me tell you a story of why staking is important than just HODL your cryptos. 4 yrs ago I got into the crypto Industry, I was always doing my research before I got into Bitcoin, trust me not everything your gonna know but somethings you'll know just by doing it. Anyways I sold my Instagram page and that's how I got my first Bitcoin in 2020. I watched my portfolio grew from $80 to $500 I was shocked to see my money grew so fast. Then in 2021 when that big crashed happened I saw my portfolio just blew up in tin air. I HODl my Bitcoin like what the other experts said and I did just that. Long after I knew about staking and manage to stake the little that I have left in my portfolio. So now I started staking every bits of my crypto assets that I bought, so even if the market should go down I'm still making passive income on my cryptos, it's like your come backing on inflation when you're staking. My take away to this isđđŒ treat your portfolio like it's a garden, those seeds that your planting needs to be watered. Also before you think of selling your cryptos bcuz your loosing profits my best advice to you is to stake it.đ #StakingRevolution #bitcoinhalving
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I bought some $Wormhole today, and I'm impressed that it has passed it's all time high đ„ł hold on to it guys and keep it pumpingđ
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How to Find the Right Cryptocurrency Projects to Invest In
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The system doesn't teach us much about money because it's afraid we might try to become independent from it once we understand how it work #Bitcoin is revolutionary.
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đTIPS ON HOW TO AVOID BEING SCAMđ âšResearch Thoroughly: Before diving into any cryptocurrency project or investment opportunity, conduct extensive research. Learn about the project's team, technology, goals, and community. Verify the project's legitimacy by checking its website, whitepaper, and social media presence. âšBe Wary of Unrealistic Promises: Beware of schemes promising guaranteed returns or high-profit margins with little to no risk. Remember the old adage: "If it sounds too good to be true, it probably is." Exercise caution and skepticism when encountering such offers. âšVerify Secure Websites: Ensure that you're using secure and legitimate websites for transactions and exchanges. Look for "https" and a padlock symbol in the website's URL, indicating a secure connection. Avoid clicking on suspicious links or emails asking for personal information. âšUse Trusted Exchanges and Wallets: Stick to reputable cryptocurrency exchanges and wallets with a proven track record of security and reliability. Research user reviews, security measures, and insurance coverage before entrusting your funds to any platform. âšEnable Two-Factor Authentication (2FA): Enhance the security of your accounts by enabling two-factor authentication wherever possible. This adds an extra layer of protection by requiring a second form of verification, such as a code sent to your mobile device. âšBeware of Phishing Attempts: Guard against phishing scams by verifying the authenticity of communications, especially those requesting sensitive information or directing you to log in to your accounts. Double-check email addresses, domain names, and communication channels to avoid falling victim to impersonation scams. âšStay Informed and Educated: Keep yourself updated on the latest trends, news, and developments in the cryptocurrency space. Join reputable communities, forums, and social media groups to learn from experienced traders and stay informed about potential scams and security threats. #Scamalert #phishingawareness
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