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#ScamRiskWarning Beware of Scams on Binance: Protect yourself against Online FraudSocial network: Instagram Trading platform: BinanceNowadays, with the rapid rise of cryptocurrencies and online trading platforms such as Binance, it is essential to stay vigilant against online scam attempts. Recently, I was approached by an individual claiming to offer cryptocurrency trading advice via an Instagram link. Attracted by the opportunity to increase my earnings and learn more about trading, I accepted the invitation and started a conversation with this person. From the start, it was clear that something was wrong. The person in question was excessive in his promises of quick wins and did not hesitate to ask for sensitive personal and financial information. She informed me that a minimum investment of âŹ500 was required and offered to open an account on a third-party site, bonovoxxtradingllc.com.
Suspicious, I decided to check the site, and what I found was disturbing. The site was full of pop-ups offering gifts and guarantees of exorbitant winnings, up to 300 times the amount invested per month.
It also offered a tier system with starter packages and guaranteed winnings based on the amount deposited. These tactics were clear signs of a potential scam. It's crucial to note that the person was using the Instagram account https://www.instagram.com/eleanor.c.robert/, but don't just rely on the number of subscribers, because these can be purchased.
It is essential to carefully check the content and meaning of the profile. Following my findings, I immediately ended the conversation and reported the account on Instagram.
This experience reminded me of the critical importance of caution and vigilance when dealing with strangers online, especially in cryptocurrency trading.
Suspicious, I decided to check the site, and what I found was disturbing. The site was full of pop-ups offering gifts and guarantees of exorbitant winnings, up to 300 times the amount invested per month.
It also offered a tier system with starter packages and guaranteed winnings based on the amount deposited. These tactics were clear signs of a potential scam. It's crucial to note that the person was using the Instagram account https://www.instagram.com/eleanor.c.robert/, but don't just rely on the number of subscribers, because these can be purchased.
It is essential to carefully check the content and meaning of the profile. Following my findings, I immediately ended the conversation and reported the account on Instagram.
This experience reminded me of the critical importance of caution and vigilance when dealing with strangers online, especially in cryptocurrency trading.
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âBitcoin on the Verge of Breaking Through Crucial Resistance: A Bullish Signal in Sight?â
News Debrief: A Bullish Signal for Bitcoin? đ
The article highlights a recent Bitcoin chart that could give hope to optimistic (bullish) BTC investors. Indeed, according to this chart, despite the current fluctuations, there are technical indicators that suggest upside potential for Bitcoin in the short to medium term.
âïžđBitcoin price © Invezz - FR
Key Points to Remember:
Emerging Bullish Signal đ: The chart shows a technical formation that has historically often preceded significant increases in Bitcoin price. This is an indicator that bulls (those who expect prices to rise) are closely following.
The article highlights a recent Bitcoin chart that could give hope to optimistic (bullish) BTC investors. Indeed, according to this chart, despite the current fluctuations, there are technical indicators that suggest upside potential for Bitcoin in the short to medium term.
âïžđBitcoin price © Invezz - FR
Key Points to Remember:
Emerging Bullish Signal đ: The chart shows a technical formation that has historically often preceded significant increases in Bitcoin price. This is an indicator that bulls (those who expect prices to rise) are closely following.
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questioning around BTC/USDT đź
Currently, BTC/USDT is stabilizing around $57,731 after recent fluctuations.
Here are some possible scenarios for the coming days:
Bullish Scenario đ: If Bitcoin manages to break above the current resistance around $59,000, it could retest the upper $60,000-$62,000 levels.
Bearish Scenario đ: If BTC continues to experience downward pressure and breaks support around $56,000, it could revisit lower levels, potentially towards $53,000 to $55,000.
Here are some possible scenarios for the coming days:
Bullish Scenario đ: If Bitcoin manages to break above the current resistance around $59,000, it could retest the upper $60,000-$62,000 levels.
Bearish Scenario đ: If BTC continues to experience downward pressure and breaks support around $56,000, it could revisit lower levels, potentially towards $53,000 to $55,000.
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đ„ Avoid the Cryptocurrency FOMO Trap! đž
FOMO, or Fear Of Missing Out, is a common emotional trap in cryptocurrency trading. For example, when Bitcoin (BTC) skyrocketed to 20,000,$ đ, many traders, under the influence of FOMO, rushed to buy, fearing they would miss out on an opportunity. đš But buying in a market that is in full euphoria can lead to significant losses if the price suddenly reverses. â ïž
To avoid FOMO, follow these essential rules đ§ :
I Establish a clear strategy đ :
Have a clear investment plan based on long-term goals rather than short-term emotions.
II Set limits đ§ :
Set buy and sell prices in advance, and stick to them, no matter how the market fluctuates.
III Diversify your investments đŒ :
Donât put all your capital into a single cryptocurrency. Diversification can reduce risk.
IV Donât blindly follow trends đ :
Do your own research (DYOR) and make decisions based on analysis, not on the fear of missing out.
V Take a step back đ§ââïž :
Avoid constantly monitoring the markets. Emotional trading is often counterproductive.
By following these rules, you can better manage your investments and avoid costly mistakes caused by FOMO. đĄđ #CryptoRisk #FOMO #Bitcoin #InvestSmart #TradingTips
FOMO, or Fear Of Missing Out, is a common emotional trap in cryptocurrency trading. For example, when Bitcoin (BTC) skyrocketed to 20,000,$ đ, many traders, under the influence of FOMO, rushed to buy, fearing they would miss out on an opportunity. đš But buying in a market that is in full euphoria can lead to significant losses if the price suddenly reverses. â ïž
To avoid FOMO, follow these essential rules đ§ :
I Establish a clear strategy đ :
Have a clear investment plan based on long-term goals rather than short-term emotions.
II Set limits đ§ :
Set buy and sell prices in advance, and stick to them, no matter how the market fluctuates.
III Diversify your investments đŒ :
Donât put all your capital into a single cryptocurrency. Diversification can reduce risk.
IV Donât blindly follow trends đ :
Do your own research (DYOR) and make decisions based on analysis, not on the fear of missing out.
V Take a step back đ§ââïž :
Avoid constantly monitoring the markets. Emotional trading is often counterproductive.
By following these rules, you can better manage your investments and avoid costly mistakes caused by FOMO. đĄđ #CryptoRisk #FOMO #Bitcoin #InvestSmart #TradingTips
James Howells is on a quest to dig up ÂŁ149 million worth of Bitcoin buried in a landfill. đ Looks like he's found a new meaning to 'striking gold in the garbage'! Maybe he should hire some high-tech treasure hunters or professional dumpster divers! đžđïž #Bitcoin #BuriedTreasure #CryptoAdventure"
LIVEMastering Crypto
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This Man Accidentally Threw Away' ÂŁ149,000,000 of Bitcoin
In one of cryptocurrency's most infamous mishaps, a man who accidentally discarded a hard drive containing Bitcoin now worth ÂŁ149 million has devised a new plan to retrieve his fortune from a landfill. This story serves as a stark reminder of the importance of securely storing digital assets.
The Costly Mistake đ»đ„
James Howells, from Newport, Wales, famously threw away a hard drive in 2013, later realizing it contained 8,000 Bitcoin. Back then, Bitcoin's value was relatively low, but as its price soared, the loss became staggering. Today, the lost Bitcoin is worth around ÂŁ149 million, buried somewhere in a landfill.
The New Plan đ§đŠ
Undeterred, Howells has launched a new plan to recover the hard drive using advanced technology, including AI-powered machines and robotic dogs, to search through the waste. The operation, given the landfill's size, would be monumental.
Howells has secured funding from venture capitalists who are interested in sharing a portion of the recovered Bitcoin. The plan requires significant resources and local authority cooperation due to the complexity and environmental sensitivity of the task.
Challenges Ahead â°ïžđ€
Several challenges make the recovery effort uncertain. The hard drive may have suffered irreparable damage from years of exposure, potentially rendering the Bitcoin data unrecoverable. Additionally, the logistical difficulty of finding a single hard drive in a massive landfill is immense.
Howells also needs permission from the local council, which has previously denied his requests due to environmental concerns and potential risks involved in the operation.
The Broader Impact of the Story đđĄ
This story highlights Bitcoin's incredible value and the risks tied to digital currencies. It serves as a cautionary tale about securely storing private keys and digital wallets, as losing access can result in permanent financial loss.
In the broader cryptocurrency context, Howells' situation underscores the need for better education and tools for managing digital assets. As more people invest in cryptocurrencies, secure storage solutions become increasingly critical.
Conclusion đ
James Howells' quest to recover his lost Bitcoin blends technology, finance, and human perseverance. Whether his new plan succeeds or not, this story is a fascinating chapter in cryptocurrency history, reminding us of the sometimes precarious nature of digital wealth.
As Bitcoin's value continues to rise, stories like Howells' will likely emerge, underscoring the importance of diligence and caution in digital finance.
â€ïžLIKE đ«FOLLOW đłREQUOTE OR RESHARE
âšïž COMMENT
đ«Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
The Costly Mistake đ»đ„
James Howells, from Newport, Wales, famously threw away a hard drive in 2013, later realizing it contained 8,000 Bitcoin. Back then, Bitcoin's value was relatively low, but as its price soared, the loss became staggering. Today, the lost Bitcoin is worth around ÂŁ149 million, buried somewhere in a landfill.
The New Plan đ§đŠ
Undeterred, Howells has launched a new plan to recover the hard drive using advanced technology, including AI-powered machines and robotic dogs, to search through the waste. The operation, given the landfill's size, would be monumental.
Howells has secured funding from venture capitalists who are interested in sharing a portion of the recovered Bitcoin. The plan requires significant resources and local authority cooperation due to the complexity and environmental sensitivity of the task.
Challenges Ahead â°ïžđ€
Several challenges make the recovery effort uncertain. The hard drive may have suffered irreparable damage from years of exposure, potentially rendering the Bitcoin data unrecoverable. Additionally, the logistical difficulty of finding a single hard drive in a massive landfill is immense.
Howells also needs permission from the local council, which has previously denied his requests due to environmental concerns and potential risks involved in the operation.
The Broader Impact of the Story đđĄ
This story highlights Bitcoin's incredible value and the risks tied to digital currencies. It serves as a cautionary tale about securely storing private keys and digital wallets, as losing access can result in permanent financial loss.
In the broader cryptocurrency context, Howells' situation underscores the need for better education and tools for managing digital assets. As more people invest in cryptocurrencies, secure storage solutions become increasingly critical.
Conclusion đ
James Howells' quest to recover his lost Bitcoin blends technology, finance, and human perseverance. Whether his new plan succeeds or not, this story is a fascinating chapter in cryptocurrency history, reminding us of the sometimes precarious nature of digital wealth.
As Bitcoin's value continues to rise, stories like Howells' will likely emerge, underscoring the importance of diligence and caution in digital finance.
â€ïžLIKE đ«FOLLOW đłREQUOTE OR RESHARE
âšïž COMMENT
đ«Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
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August 14, 2024, 9:02 PMđš Massive Bitcoin Transfer: US Government Moves $600 Million to Coinbase PRIME! đ°đ
The United States government on Wednesday transferred 10,000 Bitcoin (BTC), or about $600 million, tied to Silk Road to Coinbase PRIME, Coinbaseâs institutional platform.
The transfer may be for safekeeping rather than sale, although exchange filings often indicate an intent to sell. The partnership between the US Marshals Service and Coinbase PRIME, announced last month, aims to âsafeguard and exchangeâ important digital assets.
Bitcoin, which had been under pressure and trading around $59,000, had already fallen $61,000 earlier in the day. đ The Justice Department has previously seized over 50,000 BTC linked to Silk Road, with a confirmed sale in March 2023 for $216 million. Government wallets currently hold $12 billion in seized BTC and other crypto. đ
#CryptoNews #USGovernment #Blockchain #CoinbasePrime #CryptoUpdates $BTC
The United States government on Wednesday transferred 10,000 Bitcoin (BTC), or about $600 million, tied to Silk Road to Coinbase PRIME, Coinbaseâs institutional platform.
The transfer may be for safekeeping rather than sale, although exchange filings often indicate an intent to sell. The partnership between the US Marshals Service and Coinbase PRIME, announced last month, aims to âsafeguard and exchangeâ important digital assets.
Bitcoin, which had been under pressure and trading around $59,000, had already fallen $61,000 earlier in the day. đ The Justice Department has previously seized over 50,000 BTC linked to Silk Road, with a confirmed sale in March 2023 for $216 million. Government wallets currently hold $12 billion in seized BTC and other crypto. đ
#CryptoNews #USGovernment #Blockchain #CoinbasePrime #CryptoUpdates $BTC
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