Suddenly limited use of the bank card for '72 hours'? 11 hard rules to prevent risk control, both newbies and veterans should take a look!
Last night, a friend contacted me at midnight: 'I just sold U, the money just arrived in the card, and I was immediately prompted to suspend use for 72 hours!'
Hearing this, I instantly understood—another person has hit the 'common pitfall in the cryptocurrency world'.
Such incidents are not new in the circle, but as long as you haven't fallen into the trap, you'll never truly feel the urgency. I myself have stepped on a few landmines in the past and learned the hard way; looking back, many were avoidable.
So today, I've compiled 11 hardcore guidelines to avoid pitfalls, which are summarized by me and several practical friends in the circle (including some OTC veterans). They are particularly suitable for Binance C2C users, beginners, and those who frequently withdraw funds.
From Frozen Card Panic to Smooth Withdrawals! My Million U Bloody History: Cryptocurrency Withdrawal Pitfall Guide, Everyone Must Have a Copy!
The first time I earned 50,000 U, my mind was full of thoughts of 'withdrawal to buy a car'...
As a result, as soon as I clicked on the transfer, my bank card turned into a 'brick'! 😨
From waiting in line at the police station to submitting a half-kilogram thick transaction history, I experienced the most expensive lesson in the cryptocurrency world—C2C withdrawal failure scene.
Cause: For convenience, I used a small platform WeChat for collection, the other party was a 'black gold merchant', I was immediately risk-controlled, card frozen, U evaporated, and everyone was anxious.
After this incident, I resolved to research withdrawal paths, frequented various communities and forums, and summarized three effective iron rules from personal testing—ensuring you avoid pitfalls and safely land millions of U.
I am 38 years old this year, and I have been in the crypto space for exactly ten years. Ten years, neither long nor short. Until this year, my assets finally reached eight figures.
I am 38 years old this year, and I have been in the crypto space for exactly ten years.
Ten years, neither long nor short.
I have experienced bull markets and endured bear markets,
faith, greed, loss of control, liquidation – I have been through it all.
I have lost money and made money, and it wasn't until these years that I slowly figured out my own methodology.
Now I am calm and composed, neither greedy nor gambling.
No more going all in, no chasing hot stocks that explode, and no doing ultra-short trades.
No fantasizing about becoming rich, no fantasizing about bottom-fishing or topping out,
I care more about rhythm, structure, signals, and mindset.
For me, trading crypto has transformed from an emotional game into a process of executing discipline.