Friends, today I want to share an important thing which is for every person who is trading on Binance or any crypto exchange – or is thinking of doing so.
Nowadays on YouTube and social media, every other person has started calling himself an “expert trader” or “signal provider”. After seeing the colourful thumbnails, flashy titles and promises like “100% sure shot signal” or “10x profit in 1 day”, people invest their hard earned money on them – without doing any research, without understanding the market.
Friends, if you are interested in trading then it is important to search for it first. Do your own analysis, understand the dynamics of the market, and adopt a risk management method. But never blindly trust any YouTuber, influencer, or “VIP signal group”. These people mostly think about their own benefit – not yours.
A few days ago, a brother told me that he followed the signal of a famous YouTuber and suffered a loss of 1000 Euro in just 3 days. Imagine – just 3 days, and such a huge loss. Not only money was lost, but also mental stress, restlessness and guilt. When money is lost, not only the wallet but also the courage is broken.
The crypto market is already high risk. This is not the traditional banking system where there is some safety. Here a wrong decision, or believing the words of a fraud signal provider, can take you to zero.
Learn, understand, and take smart decisions. Don't invest your money on anyone's advice - no matter how famous or flashy they are.
Inform your friends too. This is the time to wake up - to understand. Making money is not difficult, but taking care of it and investing it in the right place is most important.
Take advantage of Crypto!
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