Stop seeing scams everywhere!

Newbies are seeing cryptocurrencies in the red without understanding their cycles, and they immediately call it a “scam”. Gentlemen, Binance is the largest CEX in the world, trading currencies here is not the same as trading on DEXs. In decentralized finance, yes, there are scams every second. Here, if you are losing a lot, it is because you are doing everything wrong:

- You are buying at the top of the extended candle, just because of FOMO

- You don’t know how to set a Stop Loss to lock in profits or establish a maximum loss

- You are buying without doing a basic technical analysis.

Cryptocurrencies, like any other financial asset, will always fall, nothing will rise forever, that is not how things work. And the ones who feed this market are inexperienced people who accumulate losses and do not try to study how it works.