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Trader lost over $200,000 in a Swap
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"Be Fearful When Others Are Greedy, and Be Greedy When Others Are Fearful" This is Warren Buffett’s Golden Rule for Crypto Investors. Warren Buffett’s legendary advice is simple but powerful: "Be fearful when others are greedy, and be greedy when others are fearful." During bull runs, when everyone thinks they’re a financial genius, that’s when you should be cautious. But right now? With altcoins crashing, Twitter filled with "crypto is dead" posts, and your portfolio looking like a horror movie? This is when you should be paying attention. The Market is Crying – Time to Go Shopping? Every market cycle follows the same script: 1. The Greed Phase (Bull Run): Everyone is making money, buying every dip, and thinking they’ll retire next year. If you tell them to be cautious, they laugh at you. (This is when you should start being fearful!) 2. The Fear Phase (Bear Market): Prices are crashing, panic spreads, and people swear they’ll never touch crypto again. (This is when you should be greedy!). Right now, fear is at an all-time high. People are rage-quitting, selling at a loss, and blaming everyone except themselves. But history shows that the biggest opportunities come when the market is drowning in fear. What Should You Do? 1. Ignore the Panic – If you sell now, you’re just handing over your coins to those who know this cycle well. 2. Think Long-Term – If you believed in your investments last month at higher prices, why wouldn’t you like them now at a discount? 3. Accumulate Smartly – Not saying you should YOLO your savings into the market, but historically, buying when everyone else is scared has paid off big time. 4. Don't Chase the Bottom – You’ll never time it perfectly. Just dollar-cost average and let the market do its thing. Final Thoughts Market crashes feel terrible in the moment, but they create the best opportunities.
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Ross Ulbricht, the Founder of SILK ROAD, the dark web marketplace which used $BTC for illegal trades is PARDONED! This has been a long fight to get him free. In his statement, President Trump posted: "I just called the mother of Ross William Ulbricht to let her know that in honor of her and the Libertarian Movement, which supported me so strongly, it was my pleasure to have just signed a full and unconditional pardon of her son, Ross. The scum that worked to convict him were some of the same lunatics who were involved in the modern day weaponization of government against me. He was given two life sentences, plus 40 years. Ridiculous!" Ulbricht's supporters might use his release to advocate for $BTC and blockchain technology as tools for freedom and decentralization, potentially attracting new supporters to the ecosystem. Governments and regulators might revisit Bitcoin's role in Silk Road and use it as a case study for further regulation.
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Alright, everyone! Imagine Bitcoin falling from $72,000 to $68,000, and the market looks super red. But don’t worry, no need to panic! Here’s some trading advice to help you relax: 1. Don’t Panic Sell Like a Panda: Pandas don’t sell their bamboo just because it’s windy. You should hold your Bitcoin too! --------------- PLEASE SHOW YOUR SUPPORT BY FOLLOWING OUR SQUARE, THANK YOU! --------------- 2. HODL Is the New YOLO: Instead of "you only live once," think "hold on for dear life." Future you will be happy you did. 3. Dip or Chip?: Think of the dip like your favorite chip. Just because it’s there doesn’t mean you have to eat it all at once. Stay calm and make a plan. 4. Eyes on the Prize: Bitcoin is like a toy in a claw machine. Sometimes you need to wait and try again to get the prize. 5. Memes Over Screens: Instead of watching the falling prices, look at some funny crypto memes. Laughing is the best way to feel better. Remember, Bitcoin’s journey is like a rollercoaster, full of ups and downs. So, stay calm, enjoy the ride, and don’t let a small dip make you panic sell! $BTC $ETH $BNB
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Protect Your Hard-Earned Money: A Beginner's Guide to Safe Crypto Investing in 2024
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