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Lady in Red
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Bullish
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We can read the news, we can analyze technically, we can predict well... but sometimes we still lose. Why? Because you can't beat the wallet and strategy of the sharks. Be cautious with the "Futures".
#PEPE✈
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Lady in Red
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Yes, after selling. Some one made freind with me then invited me to another exchange instead of Binance. I did not. After that i foud that was fake account.
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Hôm mình mua xong, nó mới kêu kết bạn Zalo, sau này mua ủng hộ nó. Kết bạn rồi nó lại mời mình giao dịch 1 sàn khác... may tỉnh táo không tham gia. Sau một thời gian nick đó ảo
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I think this but i do not do this 😩
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$BTC My friend told me that he tried to place a long order today on Binance but wasn't successful. I responded by saying that the trend over the weekend, specifically on Saturday and Sunday, usually moves sideways or downward. If you want to place a long order, it’s better to wait until Monday morning. Note that this is just my personal observation, so you should only take it as a reference. It’s crucial to consider various factors and conduct your own research before making any trading decisions. The market can be unpredictable, and relying solely on one person's observations may not always lead to successful trades. $ETH #PEPE✈
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$BTC $ETH $BNB ARE YOU A WINNER? Here are the factors that can lead to losses in cryptocurrency investing on Binance: 1. **Lack of knowledge and understanding**: - Not understanding cryptocurrencies or how the market works. - Lacking knowledge in technical and fundamental analysis. 2. **Making emotional decisions**: - Buying and selling based on emotions like fear or greed. - Chasing FOMO (Fear of Missing Out) and panic selling during market drops. 3. **No clear investment strategy**: - Not setting specific goals or having an exit plan. - Lacking a risk management strategy, such as not setting stop-loss orders. 4. **Poor risk management**: - Investing too much in a single cryptocurrency. - Not diversifying the investment portfolio. 5. **Overusing leverage**: - Trading Futures or Margin with high leverage without understanding the risks. - Inability to manage leveraged positions, leading to account liquidation. 6. **Falling for scams and poor security**: - Falling for scam projects or unreliable Initial Coin Offerings (ICOs). - Poor account security, making it easy to be hacked and lose money. 7. **Lack of patience and discipline**: - Frequently changing strategies based on short-term market fluctuations. - Lacking patience and not waiting for better opportunities. 8. **Lack of monitoring and information updates**: - Not keeping up with market information and news affecting cryptocurrencies. - Ignoring regulatory changes or negative news about projects. In summary, to minimize losses when investing in cryptocurrencies on Binance, investors need to equip themselves with knowledge, build clear strategies, manage risks well, and maintain discipline in their trading. #binance #bitcoin #ETH #PEPE✈
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