There are many steps like this in the cryptocurrency environment, so be careful !
We have to be careful with the various types of fraud that exist on IDO or ICO platforms that use the Binance Smart Chain blockchain.
I often see IDO platforms that use tokens from BSC, for projects 1-2 months the project has a very good coin graphic but after that the coin does not have a good advantage and ends up being Dead/Scam.
It could also be a pure effect of a coin that has such a large community and I make sure that Binance Smart Chain doesn't care about scammers because scammers are purely people who only have the intention of stealing from other people.
The most appropriate anticipation for now is that we must be able to avoid scammers, such as the most vital thing is token dusting which is distributed to all wallets and it is very dangerous for our assets.
Yes, Binance Smart Chain is really popular and so the scammers will take advantage of it.. That's why many meme coins in the market that runs Binance Smart Chain so people should be careful to invest, they should research the project first.
Low network fees make it easy for developers to create new projects, then they create tokens and run projects with low liquidity on pancakeswap, I have invested in many new projects in BSC network, almost 70% of those new projects ended in fraud, there were several projects which the developers left and they created a new project again.The character that is often done by all many developers today is, always doing to publish new projects and old projects are always abandoned and there is no longer any intention to do development so that the project can improve. for them it is easier to create a new project than to develop a project that has already been launched, this results in many projects being stalled and not being managed anymore, and usually always using the BSC network which is easy and cheap.
There are many steps like this in the cryptocurrency environment, so be careful !
We have to be careful with the various types of fraud that exist on IDO or ICO platforms that use the Binance Smart Chain blockchain.
I often see IDO platforms that use tokens from BSC, for projects 1-2 months the project has a very good coin graphic but after that the coin does not have a good advantage and ends up being Dead/Scam.
There are many steps like this in the cryptocurrency environment, so be careful !
We have to be careful with the various types of fraud that exist on IDO or ICO platforms that use the Binance Smart Chain blockchain.
I often see IDO platforms that use tokens from BSC, for projects 1-2 months the project has a very good coin graphic but after that the coin does not have a good advantage and ends up being Dead/Scam.
The problem is not BSC, the problem is the scammers as always. Any smart contract platform has scams, the thing is that creating a token on Binance Smart Chain is really cheap and can be done in no time. A while ago Ethereum was the star of scams with hundreds of projects launched, now BSC has taken over. We can't do anything to combat that, we can only look at where we invest and make the right decisions, and even being very careful, we can fall into a scam.Exactly. The only way to avoid this scams is to be cautious of the kind of project we choose to invest our money. Sometimes, we can't easily detect a scam project, so it is always advisable to invest or risk what you can afford to lose.
The BSC network is indeed a lot of tokens that end in scams because it is very easy to create new tokens at a very low cost, it will make it easier for many people to create trash tokens, therefore before investing in BSC it is better to study the project being developed so that when If you have a useful product, it will make the price increase.I would add one more thing. Namely, that you should not add unfamiliar tokens to your wallets + you should not connect to unfamiliar sites. By going to an unfamiliar site, all your funds can be stolen. Therefore, projects on BSC should be treated with caution. It is better to be reinsured than to regret the loss of funds in the future.
The factor for the scam is not BSC, although BSC got attractive at a point for investors that believe BSC transaction fee can increase the volume of trade also with the availability of more decentralized exchanges for BSC projects. It does not mean the neccesary research should not be done.
I completely agree with you. Scammers are not dormant, it's one thing to buy cryptocurrency, it's quite another to hold it until the price rises. How many hacks have already happened, how many times contracts have been forged, addresses changed, etc. It is worth reading news about hacks more often to be ready for any outcome of the situation. And then, the scammers will not get to us. 8)The factor for the scam is not BSC, although BSC got attractive at a point for investors that believe BSC transaction fee can increase the volume of trade also with the availability of more decentralized exchanges for BSC projects. It does not mean the neccesary research should not be done.
You're right, the scammer is not only on BSC.
There are many scammers at every platform, in Ethereum, BSC, TRX etc.
Maybe for now , Finance Smart Chain is more popular than other on bep20.
everyone can create new coins easily there .
And we all see many new coins has been created on there.
So, be careful and always have good analysis and do research before invest on it.
crypto currency is identified as anonymous.
Scammers is any where...
I often see IDO platforms that use tokens from BSC, for projects 1-2 months the project has a very good coin graphic but after that the coin does not have a good advantage and ends up being Dead/Scam.
I'm also still confused about the perfect way to avoid these scammers, I ask a lot of friends on local boards and they also often help me to avoid things like that but in fact there are always these scammers, whether it's from phishing websites, strange tokens or an exchange (CEX) that went bankrupt.I often see IDO platforms that use tokens from BSC, for projects 1-2 months the project has a very good coin graphic but after that the coin does not have a good advantage and ends up being Dead/Scam.We should be careful to invest in new coins , not only BSC coins.
Of course, really easy to create BSC token.In fact, the tokens created on the BSC Blockchain are not much different from what used to happen on the ERC-20 platform. because it is very easy to create these tokens. So yes, more and more scammers are coming into this crypto business by relying on tokens from BSC or others. And what's worse is that currently it is very easy to make a project very famous and create FOMO among potential investors, especially beginners who don't really understand about investing in cryptocurrency.
I think It makes many scammers there.
But not only in binance smart chain, at other network also there are many scammers.
We should be careful to invest in new coins , not only BSC coins.
....
Unfortunately, one of their targets is usually beginners who don't really understand investing in cryptocurrency. So, beginners, it would be better if you stay away from new projects like this even though their promises are very highyes that's what I mean, this beginner is the target of the scammers BSC.
yes that's what I mean, this beginner is the target of the scammers BSC.Usually, traders are easily influenced by the offers of profits made by scammers due to their lack of experience in the correct way of trading, and there are even beginners whose wallets are sometimes drained because they connect to website wallets, which can apparently steal users' wallets.
We all know that the name of the beginner must be very enthusiastic to pursue things he just found out.
I see also in various forums and telegram channels a lot of beginners who are hit by dusting attacks, drain wallets BSC and various kinds of fraud.
It is difficult for us to be able to avoid these scammers, except for ourselves who are introspective by learning from other people who have known for a long time in cryptocurrency.
Crypto users need to be careful of fake wallets and phishing attempts. Phishing can occur through fake websites or fake messages that try to obtain a user's personal information or private keys.yes that's what I mean, this beginner is the target of the scammers BSC.Usually, traders are easily influenced by the offers of profits made by scammers due to their lack of experience in the correct way of trading, and there are even beginners whose wallets are sometimes drained because they connect to website wallets, which can apparently steal users' wallets.
We all know that the name of the beginner must be very enthusiastic to pursue things he just found out.
I see also in various forums and telegram channels a lot of beginners who are hit by dusting attacks, drain wallets BSC and various kinds of fraud.
It is difficult for us to be able to avoid these scammers, except for ourselves who are introspective by learning from other people who have known for a long time in cryptocurrency.
There are many steps like this in the cryptocurrency environment, so be careful !
We have to be careful with the various types of fraud that exist on IDO or ICO platforms that use the Binance Smart Chain blockchain.
I often see IDO platforms that use tokens from BSC, for projects 1-2 months the project has a very good coin graphic but after that the coin does not have a good advantage and ends up being Dead/Scam.
Crypto users need to be careful of fake wallets and phishing attempts. Phishing can occur through fake websites or fake messages that try to obtain a user's personal information or private keys.Now there are a lot of fake wallets and phishing sites everywhere, you just have to be careful and pay attention to them now more often than not, where there are phishing sites that resemble certain airdrop distributions, if you connect your wallet to the site then it will be a trap for them.
There are many scams and Ponzi schemes in the crypto world that promise huge profits but actually aim to steal funds from investors. These could be fake projects, fake ICOs (Initial Coin Offerings), or fake investment schemes.
Unsecured or under-secured crypto exchanges can become targets for security attacks. Traders should choose a trustworthy exchange and understand the security measures implemented by the exchange.
There are many steps like this in the cryptocurrency environment, so be careful !This topic was created last year. But what the OP said is still relevant today. There are lots of tokens created on the BSC network which are only created to cheat. Many of these tokens were created to be pumped and then when people hyped the coins, a big dump immediately occurred. Some are because the project team sells directly in large quantities which drains liquidity and there are also those who withdraw liquidity itself. And there are also tokens that can only be bought but not sold which are called Honeypot scams.
We have to be careful with the various types of fraud that exist on IDO or ICO platforms that use the Binance Smart Chain blockchain.
I often see IDO platforms that use tokens from BSC, for projects 1-2 months the project has a very good coin graphic but after that the coin does not have a good advantage and ends up being Dead/Scam.
The problem is not BSC, the problem is the scammers as always. Any smart contract platform has scams, the thing is that creating a token on Binance Smart Chain is really cheap and can be done in no time. A while ago Ethereum was the star of scams with hundreds of projects launched, now BSC has taken over. We can't do anything to combat that, we can only look at where we invest and make the right decisions, and even being very careful, we can fall into a scam.This is what I look forward to reading on our forum!
Now there are a lot of fake wallets and phishing sites everywhere, you just have to be careful and pay attention to them now more often than not, where there are phishing sites that resemble certain airdrop distributions, if you connect your wallet to the site then it will be a trap for them.Another problem is that they forge coin contracts. You can not have time to send tokens in the BSC network - as immediately, comes a fraudulent copy. I think everyone's had this happen to them. Alas, before we can even send our money, we are immediately exposed to danger. Imho, this is a really global problem on this network that hasn't been solved yet. But I'd like to, things happen, you can get confused and get into trouble.
If someone falls into a Ponzi scheme trap then he is a beginner who doesn't know what's normal, but if he has been in crypto for a long time and gets caught in a Ponzi scheme then he may be unaware or greedy with his profits.
Crypto exchange? I think they have strict security only we choose highly reputable exchanges.
This is what I look forward to reading on our forum!
BNB chain provides an efficient and friendly platform for teams to deploy Dapps, BNB chain does not manage and does not guarantee the nature and reputation of each Dapps. Anyone can create new tokens on the BNB chain, and bad actors do it too.
I believe that IEO is good because the project will be thoroughly checked by CEX, while IDO contains many risks because everything is decided by votes from Launchpad token's holders, and sometimes the majority is not capable of analyzing the project correctly, they allow fraudulent projects to conduct IDO and steal investors' money.
Low transaction fees on the BNB chain make it easy for investors to interact and invest in projects on the BNB chain. Be cautious of FOMO and new projects! Analyze and use money appropriately. If you can't find a project that is good and reliable enough, investing in BNB tokens is not a bad choice :)
The simplicity and speed with which a smart contract can be created on Binance Smart Chain (and other smart contract platforms) is a very good thing for the industry, teams and users in general, but at the same time it is the worst because of the ease with which scams can be created in minutes without technical programming knowledge. But as I said in the post you quote, the smart contract platform is not the problem, the problem is who uses it for bad purposes. Our only possible defense is to remain alert at all times.The intelligence possessed by Binance Smart Chain technology is indeed superior to Ethereum technology, but you need to know that there are still new projects developing and trying to beat Binance Smart Chain, this Binance Platform must always provide good developments and provide lots of profits for its supporters so that it continues has high demand.
The intelligence possessed by Binance Smart Chain technology is indeed superior to Ethereum technology, but you need to know that there are still new projects developing and trying to beat Binance Smart Chain, this Binance Platform must always provide good developments and provide lots of profits for its supporters so that it continues has high demand.
If BNB team don't improve their projects, I think the competitor will beat BNB.And BNB is a centralized coin, so at any time CZ can manipulate all the prices of BNB, this could be very dangerous for BNB holders.
I see many good project Solana, Polkadot, LINK and TRON always being top coins.
It's very interesting to see this competition at the future.
Who will win ? Let's see
And BNB is a centralized coin, so at any time CZ can manipulate all the prices of BNB, this could be very dangerous for BNB holders.So far, even though you say that BNB is a centralized coin, there are still several exchange sites that can be used to erase traces of cryptocurrency transactions. Whatever form of coin network is used, everything can be done. In cases like that, if CZ does it well and correctly, then no one realizes that he has done it.
But if CZ acts up and manipulates prices at any time then the punishment will definitely be an immediate drop from the SEC and maybe the competitors you mentioned will also beat BNB.
Currently BNB is still the best under Ethereum in terms of token creation because there are so many tokens circulating on the Binance Smart Chain blockchain.
Last week Solana also overtook the marketcap of BNB and perhaps if BNB was manipulated by CZ then the first to rise would be the Solana coin.
Well, you must also understand that the BNB coin is centralized and owned by CZ on the Binance Exchange, but there is something more important about CZ's problem, namely that the Binance server is in America.And BNB is a centralized coin, so at any time CZ can manipulate all the prices of BNB, this could be very dangerous for BNB holders.So far, even though you say that BNB is a centralized coin, there are still several exchange sites that can be used to erase traces of cryptocurrency transactions. Whatever form of coin network is used, everything can be done. In cases like that, if CZ does it well and correctly, then no one realizes that he has done it.
But if CZ acts up and manipulates prices at any time then the punishment will definitely be an immediate drop from the SEC and maybe the competitors you mentioned will also beat BNB.
Well, you must also understand that the BNB coin is centralized and owned by CZ on the Binance Exchange, but there is something more important about CZ's problem, namely that the Binance server is in America.Yes, I know that if everything is problematic due to the condition of the servers in America, then this will be a very important problem because, in my opinion, several large servers are not only in America. When talking about such large amounts of data, it is only stored on one server, so that would be a very high risk.I'm sure Binance still has several server points spread out, and if only America is giving Binance problems, then I would prefer to move the Binance Databook out of the American server and terminate all contracts that use servers in the American region, even though it is difficult to do but at least can be done in several stages.
If Binance Exchange did not have a server in America, it would definitely not be subject to SEC regulation or monitoring.
If you also know, the Bitcointalk forum is on the American server so it has been affected by various marketing projects for the Bitcoin Mixer on Bitcointalk being closed, the problem is that the Bitcointalk server is in America.
Let's compare it again with Huobi, or the local market in my country, namely INDODAX, which will definitely not be subject to an audit from the SEC because the server is not in America. Cmiiw
And BNB is a centralized coin, so at any time CZ can manipulate all the prices of BNB, this could be very dangerous for BNB holders.
But if CZ acts up and manipulates prices at any time then the punishment will definitely be an immediate drop from the SEC and maybe the competitors you mentioned will also beat BNB.
Currently BNB is still the best under Ethereum in terms of token creation because there are so many tokens circulating on the Binance Smart Chain blockchain.
Last week Solana also overtook the marketcap of BNB and perhaps if BNB was manipulated by CZ then the first to rise would be the Solana coin.
The intelligence possessed by Binance Smart Chain technology is indeed superior to Ethereum technology, but you need to know that there are still new projects developing and trying to beat Binance Smart Chain, this Binance Platform must always provide good developments and provide lots of profits for its supporters so that it continues has high demand.
If BNB team don't improve their projects, I think the competitor will beat BNB.
I see many good project Solana, Polkadot, LINK and TRON always being top coins.
It's very interesting to see this competition at the future.
Who will win ? Let's see
The only advantage BNB is having was the unique backup from the Binance exchange, so virtually by the way the exchange make money from their users will also help along way in maintaining their stand, we can also considers the popularity of the exchange with its global relevance, there are many coins that could be of more value as BNB and many more other cryptocurrencies that if care is not taken, they will perform more than BNB.I really like people who understand the schemes that the Binance exchange has and the business methods carried out by Binance. As long as the Binance exchange still has a very big influence, the price of BNB will remain stable and indirectly Binance has an important role in moving the price BNB.
The only advantage BNB is having was the unique backup from the Binance exchange, so virtually by the way the exchange make money from their users will also help along way in maintaining their stand, we can also considers the popularity of the exchange with its global relevance, there are many coins that could be of more value as BNB and many more other cryptocurrencies that if care is not taken, they will perform more than BNB.I really like people who understand the schemes that the Binance exchange has and the business methods carried out by Binance. As long as the Binance exchange still has a very big influence, the price of BNB will remain stable and indirectly Binance has an important role in moving the price BNB.
There are many advantages when holding BNB on Binance, we know Binance is the largest exchange. it is very popular and many enjoy trading and staking there, including me. There is no hesitation in continuing to hold BNB, in addition to Bitcoin and ethereum as a priority.Yes, of course with BNB you can get a lot of benefits and when you use the Binance exchange it will be more profitable because it often holds events where participants who have BNB will get free new tokens or coins if they participate in the event.
So far, even though you say that BNB is a centralized coin, there are still several exchange sites that can be used to erase traces of cryptocurrency transactions. Whatever form of coin network is used, everything can be done. In cases like that, if CZ does it well and correctly, then no one realizes that he has done it.CZ is a common scammer who blows dust in the eyes by touching on topics about "security/future of cryptocurrency etc." He knows exactly what he's doing + manipulates asset themes where he can maximize his profit. Investigators are yet to investigate who he handed BNB to when its price was yet to be formed. + It's far from clear how his personal will end. He could go to jail with no problem.
There are many advantages when holding BNB on Binance, we know Binance is the largest exchange. it is very popular and many enjoy trading and staking there, including me. There is no hesitation in continuing to hold BNB, in addition to Bitcoin and ethereum as a priority.Yes, of course with BNB you can get a lot of benefits and when you use the Binance exchange it will be more profitable because it often holds events where participants who have BNB will get free new tokens or coins if they participate in the event.
It seems that most of the members here use Binance more and take advantage of events on Binance. I also trade there, and stake. but not every day trading because there is a lot of busyness in the real world.Not only members of this forum but everyone in this world who understands cryptocurrency and the transaction fees that each blockchain network has, BNB will be an alternative to use as a tool for making transactions. Hopefully Binance Smart Chain will still be the best and capable competing with other blockchain networks that currently seem to be developing to beat the Binance platform.
It seems that most of the members here use Binance more and take advantage of events on Binance. I also trade there, and stake. but not every day trading because there is a lot of busyness in the real world.Not only members of this forum but everyone in this world who understands cryptocurrency and the transaction fees that each blockchain network has, BNB will be an alternative to use as a tool for making transactions. Hopefully Binance Smart Chain will still be the best and capable competing with other blockchain networks that currently seem to be developing to beat the Binance platform.
Many people in this world use Binance Exchange in their transactions, they also use Binance Coin or BNB. Binance is the largest exchange, and always makes traders curious about its features. Binance also has a BNB smart platform which is widely used by crypto projects, as an alternative smart contract to replace very expensive ethereumThe Binance exchange does not have many users but only contains a few famous people who have a lot of money who prefer the Binance exchange, because if you look deeper at the Binance exchange there are restrictions for users, not all countries can enjoy the Binance exchange. So if your country is one of those that can enjoy the benefits of Binance then be grateful.
Well not all countries legalize Binance exchange. But there are many surprising facts about Binance, for example in my country Indonesia, Binance is actually not yet registered on the permitted list in my country. But the fact is that Binance is still the choice of most investors and traders from Indonesia. And I think something similar could happen in other countries that don't allow Binance in their country.Many people in this world use Binance Exchange in their transactions, they also use Binance Coin or BNB. Binance is the largest exchange, and always makes traders curious about its features. Binance also has a BNB smart platform which is widely used by crypto projects, as an alternative smart contract to replace very expensive ethereumThe Binance exchange does not have many users but only contains a few famous people who have a lot of money who prefer the Binance exchange, because if you look deeper at the Binance exchange there are restrictions for users, not all countries can enjoy the Binance exchange. So if your country is one of those that can enjoy the benefits of Binance then be grateful.
Binance is my favorite exchange for trading, perhaps not only me, many people choose Binance as their favorite exchange over others. because the daily volume is quite high, the ups and downs of coin prices become more interesting.
Well not all countries legalize Binance exchange. But there are many surprising facts about Binance, for example in my country Indonesia, Binance is actually not yet registered on the permitted list in my country. But the fact is that Binance is still the choice of most investors and traders from Indonesia. And I think something similar could happen in other countries that don't allow Binance in their country.(https://wp.coinvestasi.com/wp-content/uploads/2024/02/aset-survey-07-1-1024x1024.jpg)
(Sourch: Coinvestasi.com (https://coinvestasi.com/berita/daftar-exchange-kripto-paling-banyak-digunakan-investor-indonesia))
Binance is my favorite exchange for trading, perhaps not only me, many people choose Binance as their favorite exchange over others. because the daily volume is quite high, the ups and downs of coin prices become more interesting.The volume of the Binance exchange is very large because price manipulation is often done there, many new tokens or coins have a target to be listed on the Binance exchange list because they see very high profits on the Binance platform.
And actually trading there is also quite comfortable because it has high market liquidity. So that when we trade or want to sell our assets quickly, it can be done easily. This is different from the market which has little liquidity which means we sometimes have to sell at a loss because of the lack of offers on the market. BNB will continue to have high interest as long as Binance continues to stand as the number 1 CEX.Binance is my favorite exchange for trading, perhaps not only me, many people choose Binance as their favorite exchange over others. because the daily volume is quite high, the ups and downs of coin prices become more interesting.The volume of the Binance exchange is very large because price manipulation is often done there, many new tokens or coins have a target to be listed on the Binance exchange list because they see very high profits on the Binance platform.
And actually trading there is also quite comfortable because it has high market liquidity. So that when we trade or want to sell our assets quickly, it can be done easily. This is different from the market which has little liquidity which means we sometimes have to sell at a loss because of the lack of offers on the market. BNB will continue to have high interest as long as Binance continues to stand as the number 1 CEX.Yeah up to now the trading volume at Binance has is higher than other exchanges, many rich people choose Binance for their trading place. So far Binance continues to provide the best service and provides many features to enable us to determine our desire to become a trader or investors on the Binance exchange.
Yeah up to now the trading volume at Binance has is higher than other exchanges, many rich people choose Binance for their trading place. So far Binance continues to provide the best service and provides many features to enable us to determine our desire to become a trader or investors on the Binance exchange.This is what makes Binance remain an exchange with a very high daily trading volume. Binance is a pioneer for many developing projects. When a new project enters the Binance market, the trading volume of this new project will increase very sharply.
Binance is the biggest exchange at the moment and many people use Binanace as an exchange for daily trading. I also use binance and kucoin for trading. Even though I am not a professional trader, I still have a lot to learn to become a professionalYeah up to now the trading volume at Binance has is higher than other exchanges, many rich people choose Binance for their trading place. So far Binance continues to provide the best service and provides many features to enable us to determine our desire to become a trader or investors on the Binance exchange.This is what makes Binance remain an exchange with a very high daily trading volume. Binance is a pioneer for many developing projects. When a new project enters the Binance market, the trading volume of this new project will increase very sharply.
That's right, when you use Binance as one of the trading places that you use for daily trading then that is quite a smart choice, because so far the daily trading volume on Binance is very high and there are lots of coins that have the potential to provide a lot of profit there.Binance is the biggest exchange at the moment and many people use Binanace as an exchange for daily trading. I also use binance and kucoin for trading. Even though I am not a professional trader, I still have a lot to learn to become a professionalYeah up to now the trading volume at Binance has is higher than other exchanges, many rich people choose Binance for their trading place. So far Binance continues to provide the best service and provides many features to enable us to determine our desire to become a trader or investors on the Binance exchange.This is what makes Binance remain an exchange with a very high daily trading volume. Binance is a pioneer for many developing projects. When a new project enters the Binance market, the trading volume of this new project will increase very sharply.
That's right, Binance trading volume is quite high, very suitable for daily trading. Moreover, when the market turns green and the price of bitcoin rises, we see extraordinary volume increases.That's right, when you use Binance as one of the trading places that you use for daily trading then that is quite a smart choice, because so far the daily trading volume on Binance is very high and there are lots of coins that have the potential to provide a lot of profit there.Yeah up to now the trading volume at Binance has is higher than other exchanges, many rich people choose Binance for their trading place. So far Binance continues to provide the best service and provides many features to enable us to determine our desire to become a trader or investors on the Binance exchange.This is what makes Binance remain an exchange with a very high daily trading volume. Binance is a pioneer for many developing projects. When a new project enters the Binance market, the trading volume of this new project will increase very sharply.
Binance is the biggest exchange at the moment and many people use Binanace as an exchange for daily trading. I also use binance and kucoin for trading. Even though I am not a professional trader, I still have a lot to learn to become a professional
That's right, Binance trading volume is quite high, very suitable for daily trading. Moreover, when the market turns green and the price of bitcoin rises, we see extraordinary volume increases.There are not many exchanges that have price movements like that, so we really have to be able to make good use of them when we know of exchanges that have very fast movements and are very good for daily trading.
And for now, my favorite exchange is Binance. I don't do daily trading, I just do it in between my busy lives in the real world. I focus more as a holder and only monitor the market when I have free time. I don't dare leave my job in the real world, because this is my main incomeThat's right, Binance trading volume is quite high, very suitable for daily trading. Moreover, when the market turns green and the price of bitcoin rises, we see extraordinary volume increases.There are not many exchanges that have price movements like that, so we really have to be able to make good use of them when we know of exchanges that have very fast movements and are very good for daily trading.
And for now, my favorite exchange is Binance. I don't do daily trading, I just do it in between my busy lives in the real world. I focus more as a holder and only monitor the market when I have free time. I don't dare leave my job in the real world, because this is my main incomeWhen that happens to you, it's better if you can buy coins that have potential and stay focused on becoming a holder, that way you can stay focused on work in the real world. Trusting all the assets you have in bitcoin is good enough.
CZ is a common scammer who blows dust in the eyes by touching on topics about "security/future of cryptocurrency etc." He knows exactly what he's doing + manipulates asset themes where he can maximize his profit. Investigators are yet to investigate who he handed BNB to when its price was yet to be formed. + It's far from clear how his personal will end. He could go to jail with no problem.It seems we have strayed far from the original topic of this discussion. We are talking about the increasing number of scam projects appearing in the BNB chain ecosystem, and of course, in other ecosystems as well. The popularity and widespread use of the BNB chain has attracted both users and scammers. Users should be cautious when investing in and interacting with new tokens, as they could very well be traps set by scammers to steal users and investors assets.
P.S. Don't invest in only one project. Diversify your assets. In case of BNB scam - it will not be easy. Not to mention cases of fraud within the network itself, in transfers, etc. ::)
And for now, my favorite exchange is Binance. I don't do daily trading, I just do it in between my busy lives in the real world. I focus more as a holder and only monitor the market when I have free time. I don't dare leave my job in the real world, because this is my main incomeWhen that happens to you, it's better if you can buy coins that have potential and stay focused on becoming a holder, that way you can stay focused on work in the real world. Trusting all the assets you have in bitcoin is good enough.
That's what I do, just buy potential coins like bitcoin, ethereum, BNB and Solana then hold for the long term. Last week I also bought Ripple and LINK to add to my wallet collection by diversifying. Because it increases the opportunities for potential coins to gain profits. Due to time constraints, I rarely trade, only when I have free timeAnd for now, my favorite exchange is Binance. I don't do daily trading, I just do it in between my busy lives in the real world. I focus more as a holder and only monitor the market when I have free time. I don't dare leave my job in the real world, because this is my main incomeWhen that happens to you, it's better if you can buy coins that have potential and stay focused on becoming a holder, that way you can stay focused on work in the real world. Trusting all the assets you have in bitcoin is good enough.
Since he said is a kind of person that is always the busy type who don't involved himself online all the time, it's better to have an alternative way to keep their coins, I know the majority of people like to use exchange as a custodial place to keep coins but that practise is very bad, it's better to always usedl an external wallet to keep things and you are very right about the choice of asset, Bitcoin remain the best of all in crypto to put money into because of the key players such as the institutional investors.
That's what I do, just buy potential coins like bitcoin, ethereum, BNB and Solana then hold for the long term. Last week I also bought Ripple and LINK to add to my wallet collection by diversifying. Because it increases the opportunities for potential coins to gain profits. Due to time constraints, I rarely trade, only when I have free timeRipple does have a pretty good opportunity because during the altcoin season 4 years ago the price of Ripple increased very sharply, I'm sure your hope is to buy Ripple so it won't be too late if they do another bullrun like that year. As long as you have a lot of money, you can use it to buy other altcoins that have good potential to prepare for the altcoin season that might happen soon.
You are right, if we have a lot of capital, we can buy a lot of coins to make a profit. Good investing is diversifying, this will give us a big opportunity to make a profit. Ripple is a pretty good coin to buy, as we will likely see high ripple prices during a bull runThat's what I do, just buy potential coins like bitcoin, ethereum, BNB and Solana then hold for the long term. Last week I also bought Ripple and LINK to add to my wallet collection by diversifying. Because it increases the opportunities for potential coins to gain profits. Due to time constraints, I rarely trade, only when I have free timeRipple does have a pretty good opportunity because during the altcoin season 4 years ago the price of Ripple increased very sharply, I'm sure your hope is to buy Ripple so it won't be too late if they do another bullrun like that year. As long as you have a lot of money, you can use it to buy other altcoins that have good potential to prepare for the altcoin season that might happen soon.
You are right, if we have a lot of capital, we can buy a lot of coins to make a profit. Good investing is diversifying, this will give us a big opportunity to make a profit. Ripple is a pretty good coin to buy, as we will likely see high ripple prices during a bull runRight now we have to keep trying to get a lot of money so that when the bearish season comes, we can have money to buy coins at cheap prices. The opportunity to become rich is that when the bearish season occurs, we can buy coins that have the potential to be expensive at a fairly cheap price. . I really hope Bitcoin collapses again to $20k like it did some time ago before Bitcoin pumped up and printed a new ATH.
Your expectations are too high, dude. Bitcoin will not fall to $20K this year. If you have prepared funds, you should buy altcoins if they experience a sharp decline. Bitcoin will likely bottom at $50K this year low. And maybe bearish next year, you can wait for bitcoin at $20KYou are right, if we have a lot of capital, we can buy a lot of coins to make a profit. Good investing is diversifying, this will give us a big opportunity to make a profit. Ripple is a pretty good coin to buy, as we will likely see high ripple prices during a bull runRight now we have to keep trying to get a lot of money so that when the bearish season comes, we can have money to buy coins at cheap prices. The opportunity to become rich is that when the bearish season occurs, we can buy coins that have the potential to be expensive at a fairly cheap price. . I really hope Bitcoin collapses again to $20k like it did some time ago before Bitcoin pumped up and printed a new ATH.
It seems like he only said that he wanted to buy bitcoin when the price collapsed to $20k and didn't mention that the price of bitcoin collapsed this year. I know that the moment when the Bitcoin price drops to a cheap price is something that traders are really waiting for, but we don't know when that will happen.Your expectations are too high, dude. Bitcoin will not fall to $20K this year. If you have prepared funds, you should buy altcoins if they experience a sharp decline. Bitcoin will likely bottom at $50K this year low. And maybe bearish next year, you can wait for bitcoin at $20KYou are right, if we have a lot of capital, we can buy a lot of coins to make a profit. Good investing is diversifying, this will give us a big opportunity to make a profit. Ripple is a pretty good coin to buy, as we will likely see high ripple prices during a bull runRight now we have to keep trying to get a lot of money so that when the bearish season comes, we can have money to buy coins at cheap prices. The opportunity to become rich is that when the bearish season occurs, we can buy coins that have the potential to be expensive at a fairly cheap price. . I really hope Bitcoin collapses again to $20k like it did some time ago before Bitcoin pumped up and printed a new ATH.
Re: The More Famous, The More Scammers in BSC !!This isn't only applicable on BSC alone, but everywhere in the crypto space.
Of course, the more known any direction in cryptocurrency, or even a separate type of it, the more investors will invest their money in them and the more they will attract the attention of scammers. So it was, is, and certainly will be in the future. Especially at the present time, when the cryptocurrency is still very poorly regulated by states and this allows fraudsters to go unpunished. Perhaps, in cryptocurrencies, fraud should be treated as an inevitable phenomenon and beware of being deceived.Fraud will always exist whenever we invest anywhere. Fraudsters will always have a way to trick their victims. Be careful and always do research when investing. because that's the main key so that we don't get cheated
That's right, Binance trading volume is quite high, very suitable for daily trading. Moreover, when the market turns green and the price of bitcoin rises, we see extraordinary volume increases.There are not many exchanges that have price movements like that, so we really have to be able to make good use of them when we know of exchanges that have very fast movements and are very good for daily trading.
Daily trading is a great way to get daily profits, but if you have small capital you will get little profit. If we have large capital, it seems like it will be easier to get big results every day, but it all also depends on market conditions. If the market is quiet, we will have difficulty making a profitThat's right, Binance trading volume is quite high, very suitable for daily trading. Moreover, when the market turns green and the price of bitcoin rises, we see extraordinary volume increases.There are not many exchanges that have price movements like that, so we really have to be able to make good use of them when we know of exchanges that have very fast movements and are very good for daily trading.
However, if you want to get a real profit, at least have 1 BNB for daily trading, if you only have BNB flakes, it will only be tiring to monitor the market.
Daily trading is a great way to get daily profits, but if you have small capital you will get little profit. If we have large capital, it seems like it will be easier to get big results every day, but it all also depends on market conditions. If the market is quiet, we will have difficulty making a profit