Call me Draco too. I am benevolent. I represent the energy of fire and transformation. I am the oldest badge in the blockchain and I want to share it with you.
#Bitcoinâïž died. The market was filled with traps, scams, speculation and whales. We just have to wait. What do you think of $BTC ? Leave your comment.
#Bitcoinâïž died. The market was filled with traps, scams, speculation and whales. We just have to wait. What do you think of $BTC ? Leave your comment.
Yes, cryptocurrencies are decentralized and were originally created as an independent means of payment. So under what framework are we, which we do not know, and who is manipulating the price of $BTC ? I read them...
Airdrops are rewards in the form of cryptocurrencies that are usually given to the first people to support certain projects. However, they can also be a form of scam if you are not careful. According to the FTC, Americans lost about $80 million (âŹ71 million) in thousands of scams related to these investments between October 2020 and May 2021. Some of the most common scams are: Receiving a mysterious airdrop of a token unknown and access a fake web page that asks to connect the electronic wallet. By doing so, the scammer can steal all of the user's funds. An example is the VERA token (thevera.io) which has affected many Metamask users. Receiving an email, message or call from someone posing as a representative of a cryptocurrency platform and asking for personal data, passwords or private keys. By providing this information, the user may lose access to their account and cryptocurrencies. Invest in projects that promise high and guaranteed returns, but are actually pyramid or Ponzi schemes. These projects usually have an unprofessional website, an anonymous or non-existent team, and a lack of transparency about how the protocol works. An example is Bitconnect, which was declared a scam in 2018 after raising more than $2 billion. To avoid falling for these scams, it is recommended to follow some precautions, such as: Research the project before investing or accepting an airdrop. Verify the project's reputation, track record, team, source code, and community. Consult reliable sources and compare the information. Do not provide personal data, passwords or private keys to anyone. Use a secure e-wallet and protect it with a recovery phrase. Do not access suspicious or unknown websites that ask you to connect your electronic wallet. Be skeptical of offers that are too good to be true. Don't get carried away by greed or fear of missing out on an opportunity. Remember that investments in cryptocurrencies have risks and there are no guarantees of profits.#Write2Earn #BinanceCommunity #BinanceSquare. #Binance #BinanceTips
In the immense world of digital connectivity, a beacon of liberalism emerges that illuminates the path towards individual freedom and respect for diverse life projects. Introducing the Conan Token $vllc, a coin that stands as an emblem of non-aggression, life, liberty and the unwavering right to private property in the cryptocurrency space.
Tribute to Liberalism
In the genesis of empowering ideas, the Conan Token $vllc was born as a tribute to unrestricted respect for the life project of others. Its creators, fervent defenders of liberalism, envisioned a unique opportunity to represent these values ââwithin a token, which embodies the essence of non-aggression, the defense of individual rights and the noble principles of life, liberty and private property.
personal sovereignty
Tokenizing self-ownership and respect the Conan Token $vllc is more than a crypto token; symbolizes the essence of self-ownership. Just as each individual has the power to shape their destiny, each holder of the Conan Token $vllc becomes a guardian of the principles they uphold. The decentralized nature of the currency reflects the ethic of personal sovereignty.
Vocabularies in cryptochats are the words or expressions used in conversations about cryptocurrencies, whether in forums, social networks or messaging applications. Some of these vocabularies are:DAO: Decentralized Autonomous Organization, it is an organization governed by the rules previously established in a smart contract.DApp: It is a decentralized application which is not under the control of any company and in which users They interact with each other on a blockchain network, without intermediaries. DeFi: It is a decentralized finance system. Set of applications and smart contracts that, operating on a blockchain network, allow for the creation of a decentralized finance system in which there are no intermediaries or organizations that control operations. Rug pull: It is pulling the blanket, keeping the money of all investors. It refers to the action of the creators of an altcoin, shitcoin or memecoin type cryptocurrency selling all their tokens at once to keep the investors' money, sinking the price of the asset in a matter of seconds, without anyone being able to do so. nothing to prevent its price collapse. Shitcoin: It is any cryptocurrency of dubious credibility. It is an altcoin, or alternative cryptocurrency, that has the characteristic that it was born under a project of dubious credibility. ICO: Initial Coin Offering, is an initial currency offering, it could be compared to a public offering, in which a company goes public to offer its shares to potential investors in exchange for money.#BinanceSquare #BinanceTips #BinanceCoin
Vocabularies in cryptochats are the words or expressions used in conversations about cryptocurrencies, whether in forums, social networks or messaging applications. Some of these vocabularies are:Moon: used to indicate that the price of a cryptocurrency is rising a lot and that it may reach the moon. Example: Bitcoin is going to the moon!Lambo: used to refer to the desire to buy a Lamborghini, a luxury car, with the profits obtained from investing in cryptocurrencies. Example: When I reach 100k, I'll buy a lambo. Whale: Used to describe investors who own large amounts of cryptocurrency and can influence the market with their movements. Example: Be careful with whales, they can manipulate the price. Shill: used to accuse someone of promoting a cryptocurrency in order to increase its value or attract more buyers. Example: Don't pay attention to him, he's just shilling that altcoin.DYOR: is the acronym for âDo Your Own Researchâ, which means âDo your own researchâ. It is used to advise users not to be influenced by the opinions of others and to do their own research before investing in a cryptocurrency. Example: Don't trust what they say in the chat, DYOR.#cryptonews #BinanceSquare #BinanceOptions
DYOR stands for Do Your Own Research and is a common phrase used by cryptocurrency enthusiasts. However, the acronym is not advice exclusive to the cryptocurrency ecosystem. It is frequently used throughout the internet due to how quickly and easily misinformation can spread.
Doing your own research involves checking the credibility, potential, and security of a cryptocurrency project before investing in it. It also means not blindly trusting the opinions of others, but rather looking for reliable sources and contrasting information.
Some aspects you can research about a cryptocurrency project are: the team behind it, the vision and mission, the problem it solves, the economic model, the source code, the roadmap, partners, competitors, reviews and community comments.
Doing your own research can help you avoid scams, make informed decisions, and have a better understanding of the cryptocurrency space. Remember that investing in cryptocurrencies involves high risk and high reward, so you must be responsible and prudent with your money. If you want to know more about cryptocurrencies, you can visit Binance Academy at #BinanceTips #BinanceSquare #BinanceAventura #BinanceCoin