Hard work? Are you serious? Anyway, this is a valuable lesson. Always take care to store your passwords and phrases SECURELY.
Bajwag92
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6 Years of hard work and waiting , six years of checking in every day to achieve something I lost my Wallet Phas phrase😭😭 can someone help me please 😭 who do i report to and how can i get it back ???
i sent coins from okx wallet to binance address which is successfully sent from okx but not deposited in binance since three days now because i put wrong memo... now when i fill an application with correct TXID still it says "the information you filled in does not in deposit record" something like this ... what to do now ? plzz tell me
the easiest way to avoid this is to use a dedicated bank account purely for p2p. deposit money only when you want to buy and immediately transfer balance to alternate account.
Robert Chelios
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P2P Scam Alert: My Bank Account Was Frozen! Here’s What Happened and How to Avoid It
⚠️ Picture this: You’re trying to make a simple UPI payment, but it fails. You try again, and it fails once more. Panicked, you call your bank, only to receive shocking news: “Your account has been frozen due to illegal funds.”
😨 What went wrong?
A P2P buyer who sent you money was involved in fraudulent activities. As a result, every account they transacted with—including yours—was flagged and blocked. Suddenly, you lose access to your hard-earned money, and your account remains frozen indefinitely.
How can you avoid this nightmare? Here are some essential tips to protect yourself:
1. Check trade history: Only transact with users who have 50+ trades and a 95%+ completion rate.
2. Verify names: Always ensure the sender’s bank account name matches their Binance profile name.
3. Be cautious with large transactions: Avoid dealing with unknown users or those with suspicious trading patterns.
4. Double-check payments: Take a moment to verify details before accepting any payment—it could save you months of hassle.
💡 P2P trading is powerful, but safety should always come first. Don’t let one bad transaction freeze your account or put your funds at risk. Trade wisely and stay vigilant.
🗨️ Have you experienced issues with P2P trading? Share your story in the comments below!
as someone who has been in stocks/mf since 2013 and crypto since 2017 (and who also lost a lot due to greed) may I tell you the best strategy in crypto is to HODL.
Monika_Mod
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😭I Lost Everything in Just 2 Months of Trading – Here’s What Went Wrong😭
I Lost Everything! (2 Months of Trading) Trading is one of the fastest ways to grow money—but also one of the fastest ways to lose it all. After six months of intense crypto trading, I hit rock bottom. My entire investment was gone. But instead of quitting, I took a step back to analyze what went wrong. Here’s what didn’t work for me and the lessons I learned along the way.
1. Buying Crypto with $2,000 Cash Like many beginners, I started with a lump sum—$2,000 in cash—hoping to grow it over time. My plan seemed simple: buy low, hold, and sell high. But reality hit me hard. What went wrong? Most cryptocurrencies lose value over time. While Bitcoin and Ethereum have seen long-term growth, most altcoins decline in value after their initial hype. I ended up buying into projects that seemed promising but steadily lost value. Market volatility crushed my confidence. Some days, my portfolio was up, but more often, it was down. Watching my investment shrink daily took an emotional toll. I underestimated market cycles. I bought during what seemed like a good dip, but the market kept falling. Without a clear strategy, I was simply hoping for a rebound. Lesson learned: Cash investments alone aren’t enough. Without a strategy, you’re at the mercy of the market.
2. Leverage Trading – A Costly Mistake Frustrated with slow losses, I turned to leverage trading. The idea was tempting: borrow money to increase my position size and maximize profits. At first, it worked. I had a few wins, which made me believe I had cracked the code. But then reality set in. Why leverage trading made me lose everything: High risk, high reward… but mostly high risk. A single bad trade wiped out a huge chunk of my account. Overconfidence led to bigger mistakes. After a few wins, I started increasing my leverage. That was a trap. Market manipulation is real. Large institutions and automated trading bots move the market in ways retail traders can’t predict. I often entered trades only to see sudden price reversals that hit my stop losses. Emotional trading made things worse. Every time I lost, I tried to win it back. This led to overtrading and even bigger losses. Lesson learned: Leverage trading is designed to favor the big players, not retail traders. It’s a dangerous game unless you have deep experience and emotional discipline.
My New Strategy – A Smarter Approach to Trading After losing everything, I took a break to rethink my approach. I realized that successful traders don’t just chase trends or blindly follow hype. Instead, they understand market psychology. Here’s what I’ll focus on moving forward: ✅ Trading against the crowd – Most retail traders lose money. Instead of following the herd, I’ll look for opportunities where emotions (fear and greed) drive bad decisions. ✅ Risk management first – No more over-leveraging or risking too much on a single trade. Small, calculated trades will be my new approach. ✅ Understanding liquidity zones – Markets move in patterns. I’ll study where large orders are placed and how institutional traders operate. ✅ Patience over impulse – Instead of chasing every pump and dump, I’ll wait for high-probability setups. This time, I’m not just trading—I’m strategizing.
Final Thoughts If you’re new to trading, learn from my mistakes. Avoid jumping into the market without a solid plan. Understand that leverage is a double-edged sword, and most cryptos don’t perform as well as people expect. I’ll be sharing updates on my progress with this new approach. Hopefully, this time, I’ll build a portfolio that grows instead of disappears. $BTC $SOL $XRP
I still remember the morning I heard about AAX. I was numb. Made a huge mistake staking a lot of USDT/USDC/ETH/BTC there because of their high interest rates.
David futures
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🚨 Thodex Collapse: The $2 Billion Crypto Scam! 🇹🇷💸 Imagine logging into your crypto app and finding… nothing. That’s what happened to 400,000 users of Turkey’s largest crypto exchange, Thodex. The company disappeared overnight, along with $2 billion of investors’ money. 💔
What Happened?
Faruk Fatih Özer, the CEO of Thodex, shut down the exchange suddenly and fled the country. For months, he avoided capture, but in 2024, he was arrested in Albania. This year, he was sentenced to an insane 11,196 years in prison.
😂 Joke: Looks like he’ll have plenty of time to think about his mistakes… for the next 11,000 years!
Why This Matters
Thodex seemed like a safe exchange, but it turned out to be a scam. People trusted it and lost everything. This is a big warning for everyone in crypto: not all platforms are safe.
How to Stay Safe
1️⃣ Do your research before using any exchange. 2️⃣ Don’t keep all your funds on one platform—use a secure wallet. 3️⃣ Be careful with “too good to be true” offers.
Final Thoughts
The Thodex scam is a lesson for all of us. Always stay cautious in the crypto world, and protect your money like it’s gold. Stay safe and trade smart! 💪✨
Dude. I've been on Binance since 2017. The best advice I can give you is this. Crypto is not for people looking for get rich quick timelines. Have patience.
MirrKasim66
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How long i hold these coins more .these coins make me poor continuously😭😭 I brought$KSM at the price of 44$ $OG 36$ and $SEI 25$ 😭😭😭😭 and i have no money to invest more in Good coins like btc and eth😭😭😭 what can I do please suggest me😭
I lost 24k in one trade back in 2018. Overall, I've lost over 100K because I either got greedy or panicked. Now I just HODL and auto invest.
Emiley jhon
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🚨 Lessons from Losing $6.5k in Futures Trading 🥲💪
Today, I lost around $6,500 USD from my futures wallet. It’s painful, no doubt, but instead of dwelling on the loss, I’ve decided to treat it as an expensive but valuable lesson. Here are the key takeaways:
1. Greed Is a Trap
I thought I understood this, but now I feel it. Greed clouds judgment and leads to poor decisions. Discipline and clear targets are non-negotiable.
2. Money Isn’t Everything
A significant financial loss shifts perspective. Money can be earned back, but time, health, and relationships hold far greater value.
3. Stick to Bitcoin
If I had focused on Bitcoin instead of chasing altcoins and risky futures trades, I’d have tripled my portfolio. Consistency and patience often outperform high-risk gambles.
4. You Can’t Predict the Market
The belief that I could outsmart the market was naive. Even the best traders operate on probabilities, not certainties.
5. Build Something Real
I wasted hours staring at charts, which added no value to my life. The best investment I can make is in my own business, where I have control and can create lasting value.
Final Thought: Let money work for you—not the other way around. This loss was costly, but the lessons learned are invaluable. Here’s to smarter decisions and a brighter future! 💪
reminds me of 2017-18. 2020-21. everyone makes mistakes, even people whove been in the space for years.
CryptoQueen_111
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🚨MY WORST NIGHTMARE CAME TRUE!
🚨
$XRP I've been trading on Binance for a while now, and I thought I had it all figured out. I mean, I'd done my research, set up my charts, and even developed a solid trading strategy. But, as we all know, the crypto market can be unpredictable, and even the best-laid plans can go awry.
Last night was one of those nights. I'd placed a trade, feeling confident that it would go in my favor. But, as the hours ticked by, I watched in horror as my trade began to tank. 📉 Panic started to set in as I realized that I was facing my first significant loss on Binance. I'd never experienced a loss of this magnitude before, and I didn't know how to react. 🤯 MY MIND WAS RACING 🤯 Should I cut my losses and sell? Or should I hold on and hope that the market would turn in my favor? The uncertainty was agonizing. $XRP
As the night wore on, I found myself checking my trade every few minutes, hoping that somehow, someway, it would magically turn around. But, deep down, I knew that I had to face reality. 🚨 THE HARSH REALITY 🚨 I'd made a mistake, and now I was paying the price. But, as I reflected on my actions, I realized that this loss was not a failure, but a valuable learning experience. 📚 LESSONS LEARNED 📚 1️⃣ Never get too confident: Even with a solid strategy, the market can still surprise you. 2️⃣ Diversify your portfolio: Don't put all your eggs in one basket. 3️⃣ Set realistic expectations: Don't expect to win every time. 4️⃣ Learn from your mistakes: Analyze what went wrong and adjust your strategy accordingly. 🔥 THE ROAD TO RECOVERY 🔥 I've taken my loss, and I'm moving forward. I've adjusted my strategy, and I'm ready to get back in the game. To all my fellow traders out there, I urge you to stay vigilant, stay disciplined, and always keep learning. Remember, even the best traders experience losses, but it's how we respond that matters. 👏 SHARE YOUR STORY 👏 Have you ever experienced a significant loss while trading? How did you recover? Share your story in the comments below! #PEPELeapsToNewATH #BURNGMT
🔥 One of the Largest Crypto Heists in History! India's crypto exchange WazirX suffered a catastrophic hack, resulting in $235 million (₹2,000 crore) vanishing into thin air! With trading halted and funds frozen, millions of investors are grappling with financial and emotional turmoil. 💔 💥 The Fallout: 15 Million Affected: Investors report losses ranging from ₹30,000 to ₹1.5 crore. Financial Devastation: Many have taken loans, fled their homes, or faced emotional distress, with stories of sleepless nights and strained relationships. 🛑 Complete Freeze: Remaining reserves are locked, with no timeline for withdrawals or recovery. A Heartbreaking Reality: One Patna-based auto parts dealer shared: > "I tried withdrawing my ₹7 lakh investment, but it was too late. I tell my co-worker daily that my crypto could’ve been worth ₹25 lakh." Others recount crushing anxiety, mounting debts, and shattered dreams, leaving them questioning the safety of their crypto investments. 🌟 Why Binance Stands Out: As the crypto world wrestles with security concerns, platforms like Binance continue to prove their commitment to user protection: State-of-the-Art Security: Industry-leading safeguards and 24/7 monitoring. 🔐 SAFU Fund: Binance’s insurance fund provides an additional layer of security for user assets. Transparency & Trust: Backed by a global reputation, Binance ensures peace of mind for millions of traders worldwide. 🌍 🚀 Lessons for Crypto Traders: 1️⃣ Always prioritize secure platforms with a proven track record. 2️⃣ Enable two-factor authentication (2FA) and safeguard your assets. 3️⃣ Diversify storage—consider hardware wallets for added protection. 💡 Pro Tip: As much as crypto offers unparalleled opportunities, security is everything. Trade smart, trade safe, and choose Binance for peace of mind. #BURNGMT #ETHCrosses4K #BTCRecoveredTo97K #BTCBreaking100KAgain? #Write2Earn!
There are 2 coins that I am risking for the next bull Run - #YFI #shib. If y'all remember, YFIs ATH was about 95K USD. I've been doing a SIP for a year now on both. Mind you, this is purely speculation and an undertaking in risk, with money I can afford to live without for the forseeable future. I am also DCAing into ADA, FTM, BNB, BTC (of course, since i lost the majority of my BTC in the AAX fiasco) #NotFinancialadvice
BEWARE!! I've been in the crypto space since 2016 and have made my share of mistakes. One of which is believing the hype. Always remember, everyone is an EXPERT in a BULL MARKET. Don't get swayed by fancy charts or projections, invest only what you don't need in the forseeable future. Unless you are a day trader, HODL! Dont run after high staking interest rates like i did with #AAX and where i lost more than 3.4 #BTC and 45 #ETH , not to mention thousands of USTC. Stay with the tried and tested exchanges like #binance. In fact, store your keys yourself using crypto wallets like #SafePal or #trezor and resist FOMO. You can still make a lot of money with Crypto.