⚠️ The 5 Most Dangerous Phrases in the Crypto World, Believe Them and You're Done!
1️⃣ "This time it's different!"
When you hear this phrase, it usually leads to the same ending: buying at a high price. How many people said this last round, and in the end, they all became fodder.
2️⃣ "Guaranteed profit!"
If someone guarantees "guaranteed profit," you should run away. The volatility in the crypto world is faster than a roller coaster; those who dare to say guaranteed profit are either scammers or market manipulators.
3️⃣ "If it drops again, I will buy more!"
It sounds tough, but it actually means "the more it drops, the more I lose." Blindly averaging down often results in losing even the principal.
4️⃣ "XX big influencer says it will rise!"
A big influencer's tip ≠ you can make money. Many big influencers have already left the scene, leaving their fans to stand guard at high prices.
5️⃣ "Anyway, it will rise in the long run!"
How long is the long run? 1 year? 3 years? 10 years? Many projects won't even last long enough for the "long run." Believing this phrase might mean that a few years later, you can't even access the project's official website.
🔥 A painful conclusion:
There are no myths in the crypto world, only risks and opportunities coexisting. Remember:
Don't blindly trust big influencers
Don't blindly average down
Don't believe in guaranteed profits
Survive, and there will be the next bull market!
Finally, may everyone who likes, bookmarks, and follows this article reap abundantly in this bull market!
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