Many people in the cryptocurrency circle hope to achieve wealth growth by speculating in cryptocurrencies, but they may become "cut leeks" if they are not careful. So, how are people who speculate in cryptocurrencies cut?
First, there is a situation of "banker explosion". Imagine that you bought a coin called lunc, which was previously priced at $100, but suddenly plummeted to almost worthless in a few days. At this time, those who shorted it will make a fortune, while you may lose all your money.
Secondly, be careful of "exchanges running away". There are many small exchanges in the cryptocurrency circle, and they may not even let go of the "leek roots" of novices. Even those exchanges that seem to be ranked high often change their rankings and go bankrupt. Therefore, when choosing an exchange, you must keep your eyes open and choose those reputable and powerful platforms.
Next, there is a situation of "embezzlement". Your money is obviously in the wallet of the exchange, but it is quietly "blacklisted" by the exchange. What's even more annoying is that they may say it was done by hackers, but in fact it may be their own doing.
Another common trap is "playing contracts". This is like playing a high-risk gambling game. Once the market fluctuates sharply, retail investors can often only watch their money being swept away. Therefore, for novices, it is best not to try to play contracts easily.
Finally, there is another situation of "being targeted by the dealer". You bought a coin, but found that it never rose. But as soon as you sold it, it suddenly took off. What's going on?
In fact, the dealer may have been watching your position, and they know exactly how much you bought and when you sold it. Sometimes, they will deliberately suppress the price so that you can't help but sell, and then buy it at a low price to earn the difference. What's worse is that some dealers may only sell but not buy, so that you lose more and more, and eventually you can't even get your principal back.
Therefore, you must be cautious when speculating in the currency circle, and don't be driven by greed and impulse. Doing more research, understanding the market more, and choosing reliable trading platforms and project parties are the key to avoiding being cut.
Ares is also ambushing a currency that is about to explode recently, with a short-term return of 30% and a long-term return of about 5-8 times. As I said before, if you take the initiative to find me, I will take you ashore, and you just lie down.Leave a message 999!!!
The God of War will not let my fans miss out in this bull market! This is the truth
