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CryptoInspired
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Don’t forget to diversify your stablecoins! Many of you use stablecoins for a variety of purposes. But we want to remind you that stablecoins are not real dollars but cryptocurrency, and by using stablecoins, you bear standard cryptocurrency risks. Yes, stablecoins, such as USD Coin (USDC), Tether (USDT), and Dai (DAI), have been around for a long time and have shown pretty stable results. However, even these coins aren’t impervious to depegging from the dollar’s exchange rate; the peg of the once popular UST stablecoin fell off a cliff amid the collapse of the Terra blockchain ecosystem and is now worth a paltry fraction of a cent. Therefore, it is strongly recommended to remember to diversify your stablecoins: Divide them into equal parts between the most popular coins in this segment. At the same time, finding a coin in the top 5 or top 10 in terms of capitalization does not mean that it is completely safe and reliable. Always DYOR if this post was helpful to you, please "Give Tips" I will appreciate

Don’t forget to diversify your stablecoins!

Many of you use stablecoins for a variety of purposes. But we want to remind you that stablecoins are not real dollars but cryptocurrency, and by using stablecoins, you bear standard cryptocurrency risks.

Yes, stablecoins, such as USD Coin (USDC), Tether (USDT), and Dai (DAI), have been around for a long time and have shown pretty stable results. However, even these coins aren’t impervious to depegging from the dollar’s exchange rate; the peg of the once popular UST stablecoin fell off a cliff amid the collapse of the Terra blockchain ecosystem and is now worth a paltry fraction of a cent.

Therefore, it is strongly recommended to remember to diversify your stablecoins: Divide them into equal parts between the most popular coins in this segment.

At the same time, finding a coin in the top 5 or top 10 in terms of capitalization does not mean that it is completely safe and reliable.

Always DYOR

if this post was helpful to you, please "Give Tips" I will appreciate

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The way blockchains are changing the world: decentralized social networks. The beauty of blockchain technology lies in its ability to create a decentralized system that provides privacy, data control, and monetary rewards for its users. Blockchain-based decentralized social media platforms based takes away the monopoly of giant technology corporations over user data. Users will no longer have to worry about their data being collected or sold without their knowledge or consent. Instead, blockchains return the power to users, who can control how and to whom their data is transferred or sold. In addition, these platforms can offer rewards in the form of tokens, stimulating user participation and the creation of high-quality content. Ultimately, blockchains can not only change but also revolutionize the world, starting with social networks. Decentralized platforms can help create a securer, more transparent and more inclusive digital environment. $BNB #bitcoin
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❓ What to do for a beginner investor 1️⃣It's worth saving 10-20% of your income and investing it. 2️⃣Read books on investing (you can listen to them on YouTube) - "The Intelligent Investor," "One Up On Wall Street" by Peter Lynch, "The Richest Man in Babylon," "The Warren Buffett Way." 3️⃣Avoid speculation; instead, focus on long-term investments (10-20-30 years). 4️⃣Investing 5-100 dollars every month with a 20% annual return will result in a capital of $3.2 million in 30 years. 5️⃣Divide your portfolio into several parts for diversification: 🟡 Safe instruments (Bonds) - 10-20% of the portfolio 🟡 Dividend stocks (4-7% in dollars) + some growth in stock value - 20% of the portfolio 🟡 Growth stocks (higher risks and potential profits) - 30% of the portfolio 🟡 ETFs on gold, pharmaceutical companies, the technology sector - 20-30% of the portfolio 🟡 Conditional startups like Virgin Galactic that could multiply by x10 in 3-7 years - 10-20% of the portfolio 🟡 This way, we create a balanced portfolio that won't crash even during strong downturns, unlike investing "all-in" in stocks like Tesla. 6️⃣IPO - It makes sense to invest if you have capital starting from $20,000. #BTC $SOL $BTC
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Top 5 Cryptocurrencies to Watch on Binance in May 2024
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⚠️ Hygiene Rules in the Crypto Space Currently, the crypto market is like the "Wild West," which various scammers take advantage of. There are particularly many fraudulent schemes in crypto, especially in Telegram. If you are a newcomer, these rules will help you protect your assets: 1️⃣ DO NOT entrust your funds to anyone for management. 2️⃣ DO NOT transfer funds to anyone under any pretext. 3️⃣ DO NOT engage with unfamiliar tokens and DEXes (there are risks of compromising your wallet). 4️⃣ DO NOT mint NFTs from unfamiliar resources (there are risks of compromising your wallet). 5️⃣ DO NOT fall for information about listings on Binance and other exchanges if it's not from verified sources (any banners, posts, tweets can be faked in Photoshop). 6️⃣ DO NOT buy SCAM tokens, especially on DEXes like PancakeSwap, no matter what returns they promise you. 7️⃣ DO NOT open links from unfamiliar people (it's very easy to pick up a trojan). 8️⃣ DO NOT participate in IDOs/ICOs through unverified channels (there are risks of being scammed). 9️⃣ DO NOT participate in PUMPs organized by channels (only the admins of these channels profit from them). 1️⃣0️⃣ DO NOT enter your MetaMask (and others) wallet seed phrase on any websites (this gives scammers the ability to steal all your funds).
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#ScamRiskWarning My experience with Cryptocurrency Scams: I got scammed on a Crypto ponzi scheme called Goldenspin.Life if today is your first time hearing ponzi, A Ponzi scheme is a type of investment fraud that pays early investors with money from new investors to create the appearance of profitability. The organizers of Ponzi schemes often promise high returns with little or no risk, but the money is usually not invested. Instead, the fraudsters use the money to pay earlier investors and may keep some for themselves. Telegram is good for learning in other ways, other people take advantage of it to scam others because it's hard to track footprint on telegram ones a scammer delete a chat history and blocks you; it'll look like you were chatting a ghost the whole time. Let's go into details, I saw this Ponzi Scheme channel on telegram teaching subscribers how to make quick money by using a scripts posted by the admin. The admin post every morning new scripts on how to win the Casino Games with wining proof as while as withdrawal proof. As a hustler searching on the internet ways to earn money online, I fell for it and wanted to try my luck. the admin of this ponzi scheme channel guided me through with my minimum amount of $36 which I cashed out from my crypto wallet. In morning, the first script was posted in the channel so, I followed and I won $2,000🤑 I kept playing to make more wins and I had about 🤑$50k Dollars after using his script for a week. This Fraudster not alone post scripts on his telegram channel, but fake screenshot of private chats concerning people praising him for successful withdrawal so subscribers like me can be more convinced. it was late after I got to know about this tricks. it was time to withdraw my $50k from the pronzi scheme website but the site requested additional deposit for first time players to make successful withdraw which I refused because I have $50k on the site and why can't they deduct the requested money from it. As at today, their website isn't working anymore. I've lost my money. #ScamRiskWarning
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