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Messages - owmivmen

Pages: [1] 2 3 ... 147
1
Cryptocurrency discussions / Re: Many scam sites during the bull market
« on: February 04, 2024, 07:47:46 PM »
When entering a bullish market, many sites in the name of a project such as an airdrop claim require interaction on their website. Like most cases of hacks on Discord which often occur and provide announcements regarding projects that will distribute coins to users. If you find this, it's better to be careful while interacting on the website. I installed the extension to avoid bad things and secure my assets such as https://www.pocketuniverse.app/ . This extension gives me information when I make a transaction and provides warnings when the transaction is dangerous.
that's right, as well as we have to be careful about new projects that they launch airdrops so that the project is famous and many people will join them but from all that they will benefit from this situation by manipulating it with convincing promises... I just hearing the application you said can protect our assets from danger, but we can try your suggestion, hopefully what you say is true.
If you have downloaded this extension, I hope your wallet is safer from the threat of scam or phishing sites and makes you more comfortable using crypto  :)

2
Cryptocurrency discussions / Re: Many scam sites during the bull market
« on: February 04, 2024, 07:44:32 PM »
During the bullish market there will be a huge expansion of such events, moreover most of the projects will practice airdrop to implement the scam. At first they will promise you a lot of money but later show hostile obstruction even many projects suddenly become inactive and you can't contact them further even if you want. A good project will not commit much to sell tokens and they may only pay some money to holders.
This often happens when the market is bullish because many investors will invest when the market is bullish. It's just that new users must be able to differentiate between potential projects and projects that are just taking advantage of the bullish market

3
Cryptocurrency discussions / Re: Many scam sites during the bull market
« on: February 04, 2024, 07:37:13 PM »
Its expected. As the market profits and people pile in and increase the market capitalization, the industry grows, and as the attraction of more investors, also more malicious characters are attracted. And that Incluses scam sites, scam projects, phishing sites, exit scams, hackers, fake admins, dusters, wallet drainers and just about any criminals out there that loves the cyberspace. So beware, mate
I hope users will be more careful when making crypto transactions because scammers can occur anytime and anywhere. If necessary, increase wallet security and always be alert when visiting a new site and need a wallet connected to that site

4
Username: owmivmen
BTC SegWit Address: bc1qdc4yn8gzkm2rj2hdnxh7lu23xtaev6w2tuxywa

5
Cryptocurrency discussions / Re: Many scam sites during the bull market
« on: January 29, 2024, 05:20:47 PM »
Many are taking advantage of cryptocurrency enthusiasts and trying to create websites that can connect the wallet you have. After that, the website owner has the potential to get a connected wallet, and without you realizing it, they have access to seize all the assets you have from the wallet you use. Sometimes people who are still laypeople are easy to attack because of their carelessness.
Yes, I found many cases on Twitter. They don't realize that when they connect their wallet on the site and make transactions, the transactions they make actually have an impact on their wallet, such as losing assets in their wallet.

6
Cryptocurrency discussions / Re: Many scam sites during the bull market
« on: January 29, 2024, 05:08:21 PM »
I personally observed Scammers create fake websites that mimic legitimate cryptocurrency exchanges or wallets to trick users into providing their login credentials or private keys. So be careful guys before claiming airdrop /Login external links etc
  This is true, a lot of people are desperate and they tend to believe any news they see online. They fail to understand that not all news is true on the internet, they are some who are trying to take advantage of people in possible way they can. This scammers try as much of possible to better their tricks as time progresses, they know that people will become desperate so as to prepare for the next bull market coming up. With that they make fake airdrops for people to participate. Some of this airdrops and links may be a threat to our wallet, we should try and be careful when participating in this giveaways. Remember nothing comes easy it’s either you work hard for it or you buy your way to get it.
   We should give in to this scams, best way is to DYOR ( Do your own research) before you venture in any things at all be its airdrops and even signing up for new exchangers. The world is a jungle, it’s either you eat or you're being eaten.
At least there is a way to avoid that. I always avoid connecting my wallet to sites that I think are suspicious before I find out whether the site is safe or not. Unfortunately, many people don't understand the dangers of visiting and connecting their wallets to fake sites.

7
Cryptocurrency discussions / Re: Many scam sites during the bull market
« on: January 29, 2024, 05:02:32 PM »
I personally observed Scammers create fake websites that mimic legitimate cryptocurrency exchanges or wallets to trick users into providing their login credentials or private keys. So be careful guys before claiming airdrop /Login external links etc
I think everyone should bookmark important websites like CEX or DEX for convenient and safe use. Google search results can be a fraudulent website, limit the risk by avoiding account interaction with websites of new projects. Users can also create an account, where they store some crypto to experience Web3 applications. The majority of assets should be stored in 1 root account and never interact with DEX or websites.

I only use Uni, Pancake and DefiBox and never connect my wallet to other websites. I have no experience or interest in high-risk Dapps  8)
I agree with your way of avoiding scam sites. I use your method to avoid things that harm me. But I once had a case like the Galxe website being hacked and luckily I used this extension.

8
Cryptocurrency discussions / Re: Buy on dip
« on: January 29, 2024, 04:52:47 PM »
By now, you know we are not in a bear market; we are in bull season anyway. Though you are right to use DCA for that matter, You are not alone in using DCA; there are many of us.
I agree with you, I think the bearish market is over and we are in the early stages of bullrun.

Although BTC dropped about 10% in a few hours, to me this is completely normal because crypto market is characterized by high volatility. High volatility is not bad, it generates high returns.

Look at weekly chart, everything is still very good and BTC is only slowing down a bit in uptrend. Of course, congratulations to investors holding stable coins who can buy BTC and ALTS at preferential prices ^^

If we talk long term like weekly and monthly I think this is a reasonable correction and an opportunity to buy. More precisely, waiting for the BTC halving, I might buy more  ;D

9
Cryptocurrency discussions / Re: Buy on dip
« on: January 29, 2024, 04:46:13 PM »
The market is experiencing a correction right now and making people panic. Do I buy in this condition? Of course but I don't use all my money to buy. I use the DCA strategy and only a few coins I invest. Just a suggestion, don't use all your money during a bear market.

By now, you know we are not in a bear market; we are in bull season anyway. Though you are right to use DCA for that matter, You are not alone in using DCA; there are many of us.

Then, from what I see now and the market situation, it is, in my opinion, a good opportunity to buy potential coins, whether cryptocurrency or bitcoin. Because honestly, there are a lot of prices that have fallen in value now and then just hold for the long term.
The DCA method should be safe to use for the long term and to avoid risks in investing you should buy potential coins such as Bitcoin or Ethereum. I have done that until now and while using this method at least I get more profits than daily trading

10
Cryptocurrency discussions / Re: Buy on dip
« on: January 29, 2024, 04:41:36 PM »
I will disagree on this one.

What's the perfect time for us investors to invest in any market? It's the bear market. That's the time when prices of these tokens, coins, or whatever asset it is are at their lowest. When we are buying something online. Sometimes we are waiting for a sale to happen right so we can get it at a cheaper price? Same with crypto. It's like we are buying coins at a discount. The upside is higher when we buy on a bear market thus, more profit for us. Just make sure that you don't buy shitcoins or deadcoins.
Waiting for a bearish market is also a good thing to do when investing in crypto. How long do you see a potentially bearish market?

11
Cryptocurrency discussions / Re: Buy on dip
« on: January 12, 2024, 04:37:37 PM »
Why we must feel panic? I think the market looks okay. If there is a dump, it is normal because we already have a pump previously. The price of crypto coins need some correction before they have another pump. Although people assume there is another factor that make crypto be dumped, I think we don't need to feel worried. As long as we are heading the Bitcoin halving, it is safe to buy and hold crypto coins.
If you already know crypto and understand the flow of the market every year, you probably won't panic about the current conditions. I'm talking about some people who are new to crypto and buy when prices are high and use all their money to invest in crypto.

12
Cryptocurrency discussions / Re: Buy on dip
« on: January 12, 2024, 04:34:39 PM »
The market is experiencing a correction right now and making people panic. Do I buy in this condition? Of course but I don't use all my money to buy. I use the DCA strategy and only a few coins I invest. Just a suggestion, don't use all your money during a bear market.
The steps you have taken are very good because not everyone can see a good opportunity like this to buy coins. The distribution of money used to enter cryptocurrency must be managed well so as not to disrupt finances, which are very often used for life's needs. Currently, there are many people who forget that and choose to use all the money they have to enter cryptocurrency, but there is no guarantee of getting instant profits, which will make your economic condition fall apart.
I agree because investing in crypto is very risky. I invest more in stocks and gold. Use some of the rest of my salary to invest in crypto and forget about it in a few years.

13
Username: owmivmen
BTC SegWit Address: bc1qdc4yn8gzkm2rj2hdnxh7lu23xtaev6w2tuxywa

14
Cryptocurrency discussions / Re: Buy on dip
« on: January 09, 2024, 04:28:48 PM »
The market is experiencing a correction right now and making people panic. Do I buy in this condition? Of course but I don't use all my money to buy. I use the DCA strategy and only a few coins I invest. Just a suggestion, don't use all your money during a bear market.
Well, I won't call it a correction, I do agree with the fact that the market was quite overheated with the funding rates and greedy sentiments. I'll call it a trap for the traders to liquidate them, TBH, I was expecting such a scenario where most likely people get over-excited about some event and the whales or institutes play such tricks to make them realize that they are the market dominators

In dumps how can we use the DCA, I'll be asking for the senior's guidance because in such dumps in a highly bullish market, most investors put the maximum of their buying because it can be the only dip before the ETF approval. TBH DCA is just a word to say not an action because on the price action such dumps last a few minutes or hours only.
But DCA is the method I use when the market experiences a correction. Sorry it took me so long to reply to your comment because I have something to do.

15
Cryptocurrency discussions / Re: Many scam sites during the bull market
« on: January 06, 2024, 06:56:52 PM »
I personally observed Scammers create fake websites that mimic legitimate cryptocurrency exchanges or wallets to trick users into providing their login credentials or private keys. So be careful guys before claiming airdrop /Login external links etc
Fake websites are often found, especially on Twitter. But for DEX/CEX websites, I always bookmark them to avoid these fake websites. You need to try this method to avoid errors when you visit the site

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