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"The market is your teacher." - Victor Sperandeo
š Trader and Financial Markets Expert
Victor Sperandeo, known as "Trader Vic," is a trader, investor, and author with over 45 years on Wall Street. He is famous for predicting the market crash in 1987, achieving a 300% return in a single day. He has developed trading tools such as the ā1-2-3 Reversalā and the "Diversified Trends IndicatorĀ®." His company, Alpha Financial Technologies, specializes in futures-based indices. In 2008, he was inducted into the Trader Hall of Fame and recognized as one of the top 100 Wall Streeters.
ā If the market is your teacher, how do you evaluate your performance when your predictions don't turn out as expected? š¤
#BinanceSquare #Quote #WiseCortex #Monday
$BTC $DOGE $BONK
š Trader and Financial Markets Expert
Victor Sperandeo, known as "Trader Vic," is a trader, investor, and author with over 45 years on Wall Street. He is famous for predicting the market crash in 1987, achieving a 300% return in a single day. He has developed trading tools such as the ā1-2-3 Reversalā and the "Diversified Trends IndicatorĀ®." His company, Alpha Financial Technologies, specializes in futures-based indices. In 2008, he was inducted into the Trader Hall of Fame and recognized as one of the top 100 Wall Streeters.
ā If the market is your teacher, how do you evaluate your performance when your predictions don't turn out as expected? š¤
#BinanceSquare #Quote #WiseCortex #Monday
$BTC $DOGE $BONK
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"In the market, don't give a penny of advantage; every step counts toward the goal." (ALWAYS DYOR)
š¢ Achilles and the Tortoise in Trading šāāļøšØ
For those who don't know it, I'll explain the paradox of Achilles and the Tortoise quickly: Achilles, who is very fast, gives the tortoise a head start in a race. The thing is that, although Achilles runs much faster, every time he reaches the point where the tortoise was, the tortoise has already advanced a little further. It seems like he will never catch up with her... but in reality, the problem is that he gave her that head start. š (He who hits first hits twice)
For those who don't know it, I'll explain the paradox of Achilles and the Tortoise quickly: Achilles, who is very fast, gives the tortoise a head start in a race. The thing is that, although Achilles runs much faster, every time he reaches the point where the tortoise was, the tortoise has already advanced a little further. It seems like he will never catch up with her... but in reality, the problem is that he gave her that head start. š (He who hits first hits twice)
"Pain + reflection = progress." - Ray Dalio
š Hedge Fund Manager
Ray Dalio is the founder of Bridgewater Associates, one of the world's largest and most successful hedge funds. He is known for his principles of radical transparency and open-mindedness in the workplace, and his book "Principles" has been influential in both personal and professional development. Dalio emphasizes learning from losses and continuously moving forward as key strategies for success.
ā Question for the community: How do you turn your setbacks into opportunities for growth? š¤
#Investing #Finance #WiseCortex #Quotes #RayDalio
š Hedge Fund Manager
Ray Dalio is the founder of Bridgewater Associates, one of the world's largest and most successful hedge funds. He is known for his principles of radical transparency and open-mindedness in the workplace, and his book "Principles" has been influential in both personal and professional development. Dalio emphasizes learning from losses and continuously moving forward as key strategies for success.
ā Question for the community: How do you turn your setbacks into opportunities for growth? š¤
#Investing #Finance #WiseCortex #Quotes #RayDalio
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A girl watched the stars every night. His grandfather told him:
- To understand them, look at what really happens, not what you think will happen.
One day, his friends were afraid that it would rain, but the sky was clear. She trusted what she saw and they enjoyed a beautiful picnic.
Moral: "Operate what is happening... Not what you think is going to happen," otherwise you will miss the picnic.
#Binanceā #WiseCortex #Criptos #Memecoin #Today
- To understand them, look at what really happens, not what you think will happen.
One day, his friends were afraid that it would rain, but the sky was clear. She trusted what she saw and they enjoyed a beautiful picnic.
Moral: "Operate what is happening... Not what you think is going to happen," otherwise you will miss the picnic.
#Binanceā #WiseCortex #Criptos #Memecoin #Today
"Know what you own, and know why you own it." - Peter Lynch
š Operates: Fund Manager
Peter Lynch is a legendary fund manager best known for managing the Magellan Fund at Fidelity Investments, achieving an average annual return of 29.2% from 1977 to 1990. His investment strategy emphasizes investing in what you know and understand.
ā Question for the community: How do you ensure you understand the investments you make? š¤
#Trading #Mindset #WiseCortex #Quotes #PeterLynch
š Operates: Fund Manager
Peter Lynch is a legendary fund manager best known for managing the Magellan Fund at Fidelity Investments, achieving an average annual return of 29.2% from 1977 to 1990. His investment strategy emphasizes investing in what you know and understand.
ā Question for the community: How do you ensure you understand the investments you make? š¤
#Trading #Mindset #WiseCortex #Quotes #PeterLynch
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If you haven't yet taken the plunge into The Wise Cortex Index, now is the perfect time! š
The world's best traders have left behind gems of wisdom that you can apply today. Have you checked it out yet? š
š Join the adventure and discover how this knowledge can make a difference in your trading. #WiseCortex
$WIF $XRP $FET #WIFš„ #Xrpš„š„ #FET #USDT
The world's best traders have left behind gems of wisdom that you can apply today. Have you checked it out yet? š
š Join the adventure and discover how this knowledge can make a difference in your trading. #WiseCortex
$WIF $XRP $FET #WIFš„ #Xrpš„š„ #FET #USDT
The Wise Cortex Index: Elite Traders' Wisdom in Their Own Words
Welcome, explorers of the crypto universe! I am Wise Cortex!š¹
Imagine a treasure map for trading, that's what we're creating together! I've collected gems of wisdom from the best traders in history and I'm sharing them here so we can all be enriched, in knowledge and maybe something more. š (continuous construction, as I'm continually editing the post)
We will discover:
š Phrases that light the way in the fog of the market
š§ Reflections that challenge our ideas about trading
Imagine a treasure map for trading, that's what we're creating together! I've collected gems of wisdom from the best traders in history and I'm sharing them here so we can all be enriched, in knowledge and maybe something more. š (continuous construction, as I'm continually editing the post)
We will discover:
š Phrases that light the way in the fog of the market
š§ Reflections that challenge our ideas about trading
"Trade Whatās Happeningā¦Not What You Think Is Gonna Happen." - Doug Gregory
š Price Action Trader
Doug Gregory is a well-known trader focusing on price action trading. This style of trading involves making decisions based solely on current price movements, without relying on additional technical indicators. It emphasizes reacting to actual market conditions and using historical price data to identify valid entry and exit points, stop losses, and profit targets.
ā Question for the community: How do you determine key support and resistance levels in your price actionĀ analysis? š¤
#investing #Economics #WiseCortex #Quotes #DougGregory
š Price Action Trader
Doug Gregory is a well-known trader focusing on price action trading. This style of trading involves making decisions based solely on current price movements, without relying on additional technical indicators. It emphasizes reacting to actual market conditions and using historical price data to identify valid entry and exit points, stop losses, and profit targets.
ā Question for the community: How do you determine key support and resistance levels in your price actionĀ analysis? š¤
#investing #Economics #WiseCortex #Quotes #DougGregory
"If you personalize losses, you can't trade" - Bruce Kovner
š The market is like an ever-changing ocean, just like our knowledge and skills.
āØ BK turned $3,000 into millions. Founder of Caxton Associates and a master of risk management in trading. Known for his disciplined approach and macroeconomic analysis.
ā Question for the community: How do you emotionally handle a significant loss in the market?
#Binance #Quote #WiseCortex #TradingWisdom #Risk
š The market is like an ever-changing ocean, just like our knowledge and skills.
āØ BK turned $3,000 into millions. Founder of Caxton Associates and a master of risk management in trading. Known for his disciplined approach and macroeconomic analysis.
ā Question for the community: How do you emotionally handle a significant loss in the market?
#Binance #Quote #WiseCortex #TradingWisdom #Risk
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š Darvas Box vs Bollinger Bands: Understanding Price Ranges! š
Similarities:
š Both identify price ranges
š° They provide buy/sell signals
Differences:
1ļøā£ Calculation:
š¦ Darvas: Recent Highs and Lows
š Bollinger: Moving average + standard deviation
2ļøā£ Flexibility:
š Darvas: Change with new extremes
š Bollinger: Continuous adjustment
3ļøā£ Volatility:
š Darvas: Does not fit directly
š¢ Bollinger: Expands/contracts
How to use them:
šÆ Darvas:
ā¬ļø Buy: Price breaks the cover
ā¬ļø Sell: Price falls below the bottom
šÆ Bollinger:
ā¬ļø Possible purchase: Price is lower band
ā¬ļø Possible sale: Price touches higher band
š Key: Darvas is more stable, Bollinger more dynamic
š” TIP Combine both for best results!
$XRP $TAO #BinanceSquareFamily #WriteAndLearn #WiseCortex
Similarities:
š Both identify price ranges
š° They provide buy/sell signals
Differences:
1ļøā£ Calculation:
š¦ Darvas: Recent Highs and Lows
š Bollinger: Moving average + standard deviation
2ļøā£ Flexibility:
š Darvas: Change with new extremes
š Bollinger: Continuous adjustment
3ļøā£ Volatility:
š Darvas: Does not fit directly
š¢ Bollinger: Expands/contracts
How to use them:
šÆ Darvas:
ā¬ļø Buy: Price breaks the cover
ā¬ļø Sell: Price falls below the bottom
šÆ Bollinger:
ā¬ļø Possible purchase: Price is lower band
ā¬ļø Possible sale: Price touches higher band
š Key: Darvas is more stable, Bollinger more dynamic
š” TIP Combine both for best results!
$XRP $TAO #BinanceSquareFamily #WriteAndLearn #WiseCortex
Crypto LOLs PODCAST #1
Wisecortex: "Hey Shiba, thanks for taking the time to join us. We're excited to have you on the podcast! š"
Shiba Inu: "Thanks for inviting me! I'm really happy to be here and share a bit about our community and project. š"
Wisecortex: "Tell us, how did it all start for Shiba Inu? What's the story behind this cryptocurrency? š§"
Shiba Inu: "Shiba Inu started as an experiment to see if a community could grow without a central leader, and here we are, proving it can be done. šŖ"
Wisecortex: "Shiba Inu has a very passionate community. What do you think makes the SHIB community so unique and special? š¤"
Shiba Inu: "The passion and enthusiasm of our members. They're always looking for ways to help and grow the project. Plus, their sense of humor and creativity are unmatched. šØ"
Wisecortex: "There's some notable rivalry with PEPE. What do you think about that competition? š"
Shiba Inu: "The rivalry with $PEPE is fun and keeps us on our toes. It's healthy competition that keeps both communities active. š„"
Wisecortex: "The world of cryptocurrencies is full of challenges. What have been the biggest obstacles for Shiba Inu and how have you overcome them? š"
Shiba Inu: "The perception of being just a '$MEME coin' was a big challenge. We've worked hard to prove our real value with technology and a strong community. š ļø"
Wisecortex: "What do you think about this constant battle with $DOGE ? Mixed feelings, considering they kind of started it all? š¤·āāļø"
Shiba Inu: "Dogecoin paved the way for meme coins. While there's competition, there's also respect. Without Doge, Shiba Inu wouldn't be here. š¤"
Wisecortex: "To wrap it up, we'll let you ask a question to the community. What would you like to ask all our followers? š£ļø"
Shiba Inu: "I'd love to know: What's your vision for the future of Shiba Inu and how would you like to contribute to our growth? We're eager to hear your ideas! š¬"
Wisecortex: "Thank you so much, Shiba, for sharing your time and knowledge with us. And to all of you, thanks for listening and reading. Don't forget to follow us and share this episode if you enjoyed it. See you in the next episode! Bye! š"
#Binanceā #SHIBA #CryptoLOLS #WiseCortex
Shiba Inu: "Thanks for inviting me! I'm really happy to be here and share a bit about our community and project. š"
Wisecortex: "Tell us, how did it all start for Shiba Inu? What's the story behind this cryptocurrency? š§"
Shiba Inu: "Shiba Inu started as an experiment to see if a community could grow without a central leader, and here we are, proving it can be done. šŖ"
Wisecortex: "Shiba Inu has a very passionate community. What do you think makes the SHIB community so unique and special? š¤"
Shiba Inu: "The passion and enthusiasm of our members. They're always looking for ways to help and grow the project. Plus, their sense of humor and creativity are unmatched. šØ"
Wisecortex: "There's some notable rivalry with PEPE. What do you think about that competition? š"
Shiba Inu: "The rivalry with $PEPE is fun and keeps us on our toes. It's healthy competition that keeps both communities active. š„"
Wisecortex: "The world of cryptocurrencies is full of challenges. What have been the biggest obstacles for Shiba Inu and how have you overcome them? š"
Shiba Inu: "The perception of being just a '$MEME coin' was a big challenge. We've worked hard to prove our real value with technology and a strong community. š ļø"
Wisecortex: "What do you think about this constant battle with $DOGE ? Mixed feelings, considering they kind of started it all? š¤·āāļø"
Shiba Inu: "Dogecoin paved the way for meme coins. While there's competition, there's also respect. Without Doge, Shiba Inu wouldn't be here. š¤"
Wisecortex: "To wrap it up, we'll let you ask a question to the community. What would you like to ask all our followers? š£ļø"
Shiba Inu: "I'd love to know: What's your vision for the future of Shiba Inu and how would you like to contribute to our growth? We're eager to hear your ideas! š¬"
Wisecortex: "Thank you so much, Shiba, for sharing your time and knowledge with us. And to all of you, thanks for listening and reading. Don't forget to follow us and share this episode if you enjoyed it. See you in the next episode! Bye! š"
#Binanceā #SHIBA #CryptoLOLS #WiseCortex
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"The market can remain irrational longer than you can remain solvent." -John Maynard Keynes
š Economist, Investor
John Maynard Keynes was a renowned British economist and investor. His theories fundamentally changed the practice of macroeconomics and the economic policies of governments. He is known for his advocacy of government intervention to stabilize economic fluctuations.
ā Question for the community: What strategies do you use to stay solvent during periods of market irrationality? š¤
#Inversiones #EconomĆa #WiseCortex #Quotes #JohnMaynardKeynes
š Economist, Investor
John Maynard Keynes was a renowned British economist and investor. His theories fundamentally changed the practice of macroeconomics and the economic policies of governments. He is known for his advocacy of government intervention to stabilize economic fluctuations.
ā Question for the community: What strategies do you use to stay solvent during periods of market irrationality? š¤
#Inversiones #EconomĆa #WiseCortex #Quotes #JohnMaynardKeynes
"The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street." - Jesse Livermore
š Legendary Trader and Speculator
Jesse Livermore was a famous trader and speculator on Wall Street, known for his enormous gains and losses throughout his career. He was renowned for his operations in the stock market, futures, and options. Livermore began his career in stock trading in the early 20th century and was one of the first to use technical analysis and price patterns to make investment decisions. Despite his achievements, he also experienced significant failures, highlighting the importance of discipline and emotional control in trading.
š” An interesting fact is that Livermore was nicknamed "The Boy Plunger" for his ability to take large positions in the market and earn substantial profits, even during the financial crisis of 1929, where he both gained and lost fortunes.
ā Question for the community: How do you maintain discipline and control your emotions when trading in financialĀ markets?
#JesseLivermore #Binance #LegendaryTraders #WiseCortex
š Legendary Trader and Speculator
Jesse Livermore was a famous trader and speculator on Wall Street, known for his enormous gains and losses throughout his career. He was renowned for his operations in the stock market, futures, and options. Livermore began his career in stock trading in the early 20th century and was one of the first to use technical analysis and price patterns to make investment decisions. Despite his achievements, he also experienced significant failures, highlighting the importance of discipline and emotional control in trading.
š” An interesting fact is that Livermore was nicknamed "The Boy Plunger" for his ability to take large positions in the market and earn substantial profits, even during the financial crisis of 1929, where he both gained and lost fortunes.
ā Question for the community: How do you maintain discipline and control your emotions when trading in financialĀ markets?
#JesseLivermore #Binance #LegendaryTraders #WiseCortex
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"Never let a victory go to your head, nor a loss to your heart." -Chuck Hughes.
š Trader and Market Strategist
Chuck Hughes is a trader and market strategist recognized for his disciplined and effective approach to trading. With over 30 years of experience and a ten-time trading champion, Chuck has developed stock and options strategies that have generated significant returns for his followers. His career began as a U.S. Air Force pilot and then as a commercial pilot, where he honed his skills in technical analysis and risk management.
Chuck is the author of several books and offers exclusive trading services, such as the Inner Circle Trading Service, providing personalized recommendations and educational resources. Its success during the 2000s tech bubble highlights its ability to protect and grow investments in volatile markets.
ā Question for the community: How do you manage your emotions after a big win or a significant loss in trading? Do you have any strategy to stay focused and focused?
#Square #Binance #WiseCortex #Quote
š Trader and Market Strategist
Chuck Hughes is a trader and market strategist recognized for his disciplined and effective approach to trading. With over 30 years of experience and a ten-time trading champion, Chuck has developed stock and options strategies that have generated significant returns for his followers. His career began as a U.S. Air Force pilot and then as a commercial pilot, where he honed his skills in technical analysis and risk management.
Chuck is the author of several books and offers exclusive trading services, such as the Inner Circle Trading Service, providing personalized recommendations and educational resources. Its success during the 2000s tech bubble highlights its ability to protect and grow investments in volatile markets.
ā Question for the community: How do you manage your emotions after a big win or a significant loss in trading? Do you have any strategy to stay focused and focused?
#Square #Binance #WiseCortex #Quote
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š
When the mind plays tricks on us...
This meme reflects how we can sometimes feel like we're in crisis, even when we've just won $100 billion! š¤Æ It's a perfect reminder of the power of our mind and how our expectations can distort reality.
š Stoic Tips for Everyday Life!
- Accept what you can't control: We can't always control the results, but we can control how we react. Focus on what's in your hands and accept the rest calmly. š§āāļø
- Redefine success: Instead of obsessing over exact goals, enjoy the progress you make. Sometimes, the journey is more important than the destination. š
- Don't fall into complacency, but set limits: It's essential to keep improving, but you have to know when to stop. We see it all the time in the market: a small drop or a fundamental event can make us falter. Keeping perspective and not letting every little detour consume us is key. š”
Our mind can be our greatest ally or our worst enemy. Stoic control is the key to staying calm, setting boundaries, and enjoying the moment without losing our way! šŖš#MindsetMatters #BinanceSquareFamily #Estoicos #WiseCortex $BTC $ETH $SOL
š Like so others can discover the content if you liked it.
š Share the knowledge, because shared wisdom multiplies.
š Follow me to learn together, we will navigate towards success in the markets.
The Wise Cortex Index: Elite Traders' Wisdom in Their Own Words š See you team! Supposedly it has already eaten all the liquidations that were long? Has anyone been looking? š¹I have mixed feelings, although the only one open is long, my whole heart says it's going to fall. š„
Go check out the INDEX, I've been putting my head into it.
This meme reflects how we can sometimes feel like we're in crisis, even when we've just won $100 billion! š¤Æ It's a perfect reminder of the power of our mind and how our expectations can distort reality.
š Stoic Tips for Everyday Life!
- Accept what you can't control: We can't always control the results, but we can control how we react. Focus on what's in your hands and accept the rest calmly. š§āāļø
- Redefine success: Instead of obsessing over exact goals, enjoy the progress you make. Sometimes, the journey is more important than the destination. š
- Don't fall into complacency, but set limits: It's essential to keep improving, but you have to know when to stop. We see it all the time in the market: a small drop or a fundamental event can make us falter. Keeping perspective and not letting every little detour consume us is key. š”
Our mind can be our greatest ally or our worst enemy. Stoic control is the key to staying calm, setting boundaries, and enjoying the moment without losing our way! šŖš#MindsetMatters #BinanceSquareFamily #Estoicos #WiseCortex $BTC $ETH $SOL
š Like so others can discover the content if you liked it.
š Share the knowledge, because shared wisdom multiplies.
š Follow me to learn together, we will navigate towards success in the markets.
The Wise Cortex Index: Elite Traders' Wisdom in Their Own Words š See you team! Supposedly it has already eaten all the liquidations that were long? Has anyone been looking? š¹I have mixed feelings, although the only one open is long, my whole heart says it's going to fall. š„
Go check out the INDEX, I've been putting my head into it.
7 Shocking Crypto Scams You Won't Believe!
1. Mt. Gox: The Titanic of Cryptos š¢
Amount Stolen: 850,000 BTC
Date: 2014
What Happened: Mt. Gox was the biggest Bitcoin exchange, handling about 70% of all Bitcoin transactions at its peak. But in 2014, hackers made off with 850,000 bitcoins. The CEO, Mark Karpeles, was left in shambles, and so were the users. The echoes of this disaster are still felt today.
Fun Fact: To this day, some users are still waiting to see any of their money back. And sometimes we are in panic! Leoooo āļø
2. Bitconnect: The Meme Ponzi š¤”
Amount Stolen: $2.6 billion
Date: 2016-2018
What Happened: Bitconnect promised unbelievably high returns. Turns out, it was a classic Ponzi scheme. When it shut down in 2018, investors were left with nothing. Carlos Matos' infamous āBiiitcoooonnectā speech became an enduring meme.
Fun Fact: Carlos Matos' cry is still a staple at crypto events and in memes! š¤
3. PlusToken: The Disappearing Act š©
Amount Stolen: $2 billion
Date: 2018-2019
What Happened: PlusToken was marketed as a high-yield investment platform. Users deposited their cryptos, and the operators vanished with $2 billion worth of them.
Fun Fact: The stolen funds moved in the market for months, causing Bitcoin price volatility. š
4. OneCoin: The Missing Cryptoqueen š
Amount Stolen: $4.4 billion
Date: 2014-2017
What Happened: Ruja Ignatova, aka the "Cryptoqueen," promised a financial revolution but ran a scam with no actual blockchain. She vanished in 2017 with billions.
Fun Fact: The FBI has her on their most-wanted list, but she remains elusive. šµļøāāļø
5. QuadrigaCX: The CEO Vanishes š»
Amount Stolen: $190 million
Date: 2019
What Happened: Gerald Cotten, the CEO, allegedly died in India, taking the keys to $190 million in crypto with him. The story sparked conspiracy theories galore.
Fun Fact: Many believe Cotten faked his death and escaped with the money. š§
6. Thodex: The Crypto Escape š
Amount Stolen: $2 billion
Date: 2021
What Happened: Faruk Fatih Ćzer, the CEO, disappeared with $2 billion of user funds. The last sighting was him boarding a plane to Albania.
Fun Fact: Affected users protested on the streets of Turkey, demanding justice. šØ
7. Coincheck: Japan's Great Heist šÆ
Amount Stolen: $534 million (NEM)
Date: 2018
What Happened: Coincheck was hacked, losing $534 million in NEM tokens. It was a massive blow to the Japanese crypto market.
Fun Fact: Coincheck used its own funds to reimburse users, trying to restore trust. šŖ
Personal Reflection š
Sometimes, seeing these stories can be pretty discouraging. But you know what? The crypto world, like life, is full of ups and downs. Sure, there are scammers out there, but there are also incredible people doing amazing things. The key is to learn from these mistakes, do your research, and always stay vigilant.
Don't let fear hold you back, but don't dive in without looking either. Let's keep exploring this fascinating world with our eyes wide open and our hearts brave. š
I'm new to the community and would appreciate your help to keep growing. If you liked it, please give it a like and share. It means a lot! Big hug.
#BinanceSquareFamily #Write2Learn #WiseCortex #Scams
$BTC
$ETH
$SOL
Amount Stolen: 850,000 BTC
Date: 2014
What Happened: Mt. Gox was the biggest Bitcoin exchange, handling about 70% of all Bitcoin transactions at its peak. But in 2014, hackers made off with 850,000 bitcoins. The CEO, Mark Karpeles, was left in shambles, and so were the users. The echoes of this disaster are still felt today.
Fun Fact: To this day, some users are still waiting to see any of their money back. And sometimes we are in panic! Leoooo āļø
2. Bitconnect: The Meme Ponzi š¤”
Amount Stolen: $2.6 billion
Date: 2016-2018
What Happened: Bitconnect promised unbelievably high returns. Turns out, it was a classic Ponzi scheme. When it shut down in 2018, investors were left with nothing. Carlos Matos' infamous āBiiitcoooonnectā speech became an enduring meme.
Fun Fact: Carlos Matos' cry is still a staple at crypto events and in memes! š¤
3. PlusToken: The Disappearing Act š©
Amount Stolen: $2 billion
Date: 2018-2019
What Happened: PlusToken was marketed as a high-yield investment platform. Users deposited their cryptos, and the operators vanished with $2 billion worth of them.
Fun Fact: The stolen funds moved in the market for months, causing Bitcoin price volatility. š
4. OneCoin: The Missing Cryptoqueen š
Amount Stolen: $4.4 billion
Date: 2014-2017
What Happened: Ruja Ignatova, aka the "Cryptoqueen," promised a financial revolution but ran a scam with no actual blockchain. She vanished in 2017 with billions.
Fun Fact: The FBI has her on their most-wanted list, but she remains elusive. šµļøāāļø
5. QuadrigaCX: The CEO Vanishes š»
Amount Stolen: $190 million
Date: 2019
What Happened: Gerald Cotten, the CEO, allegedly died in India, taking the keys to $190 million in crypto with him. The story sparked conspiracy theories galore.
Fun Fact: Many believe Cotten faked his death and escaped with the money. š§
6. Thodex: The Crypto Escape š
Amount Stolen: $2 billion
Date: 2021
What Happened: Faruk Fatih Ćzer, the CEO, disappeared with $2 billion of user funds. The last sighting was him boarding a plane to Albania.
Fun Fact: Affected users protested on the streets of Turkey, demanding justice. šØ
7. Coincheck: Japan's Great Heist šÆ
Amount Stolen: $534 million (NEM)
Date: 2018
What Happened: Coincheck was hacked, losing $534 million in NEM tokens. It was a massive blow to the Japanese crypto market.
Fun Fact: Coincheck used its own funds to reimburse users, trying to restore trust. šŖ
Personal Reflection š
Sometimes, seeing these stories can be pretty discouraging. But you know what? The crypto world, like life, is full of ups and downs. Sure, there are scammers out there, but there are also incredible people doing amazing things. The key is to learn from these mistakes, do your research, and always stay vigilant.
Don't let fear hold you back, but don't dive in without looking either. Let's keep exploring this fascinating world with our eyes wide open and our hearts brave. š
I'm new to the community and would appreciate your help to keep growing. If you liked it, please give it a like and share. It means a lot! Big hug.
#BinanceSquareFamily #Write2Learn #WiseCortex #Scams
$BTC
$ETH
$SOL
See original
The Wise Cortex Index: Elite Traders' Wisdom in Their Own Words
Welcome, explorers of the crypto universe! I am Wise Cortex!š¹
Imagine a treasure map for trading, that's what we're creating together! I've collected gems of wisdom from the best traders in history and I'm sharing them here so we can all be enriched, in knowledge and maybe something more. š (continuous construction, as I'm continually editing the post)
We will discover:
š Phrases that light the way in the fog of the market
š§ Reflections that challenge our ideas about trading
Imagine a treasure map for trading, that's what we're creating together! I've collected gems of wisdom from the best traders in history and I'm sharing them here so we can all be enriched, in knowledge and maybe something more. š (continuous construction, as I'm continually editing the post)
We will discover:
š Phrases that light the way in the fog of the market
š§ Reflections that challenge our ideas about trading
Login to explore more contents