The crypto world is full of opportunities... but also traps. Here are 3 common scams you should know if you're just starting out:
🔹 1. Rug Pulls (project withdrawal):
Projects that promise a lot, increase in price, and then disappear with all the money. If there is no transparent team or locked liquidity, be careful.
🔹 2. Phishing with fake links:
Messages or emails that lead you to pages that imitate wallets or exchanges. Never write your seed phrase outside of your real wallet!
🔹 3. Promises of fixed or quick profits:
No one in crypto can guarantee returns. If they tell you that you will earn "for sure"... it’s probably a scam.
🔐 Protect yourself: do your own research, distrust what seems easy, and stay alert.
Have you experienced something similar? Share it down below 👇
🔍 5 Main mistakes that cause new investors to lose money in the crypto world
The world of cryptocurrencies is exciting, but it is also full of risks that every beginner should be aware of before investing.
📉 1. Extreme volatility: Prices can rise or fall in minutes. Without a clear strategy, this can lead to rapid and hard-to-control losses.
🧠 2. Lack of education: Many novices invest by following recommendations on social media without understanding the project, which increases the risk of falling for scams or investing in tokens without real fundamentals.
🔐 3. Loss of access to wallets: Failing to properly back up recovery phrases can mean total loss of your funds. In crypto, there is no customer service to recover them.
📊 4. Centralization of tokens: If a few people control a large part of the supply, they can manipulate the price and create false expectations of value.
💸 5. Investing more than you can afford to lose: This is one of the most common mistakes. In crypto, never invest money that you are not willing to lose.
Stay informed, research, and proceed with caution, and remember that knowledge is your best investment.
Do you know of more mistakes? Leave them in the comments$BTC
Risk Analysis of the BOB Currency: Should Investors Consider Supply Centralization? The BOB cryptocurrency, a token on the BNB Chain, has begun to attract attention, given its impressive price increases, but investors should be aware of certain factors that could imply significant risks. One of the most relevant is that more than 48% of the total supply of BOB is in the hands of a single holder. This article aims to inform about the risks associated with this centralization, without causing panic, but inviting users to conduct a critical analysis before investing.
1. Supply Centralization: What Does It Imply? Extreme centralization of tokens in a single wallet or among a small group of holders can generate several challenges: • Impact on liquidity: If most of the supply is concentrated in few hands, the market can be very sensitive to any significant buy or sell movement. In this case, the main holder has the ability to directly influence the price through large buys or sells, which can result in volatility. • Risk of market manipulation: With such high control, the holder could, theoretically, manipulate the price for their benefit, which is a valid concern in smaller or less liquid markets.
2. The Disconnection Between Market Value and Real Liquidity Although the estimated total value of the BOB holder is over 20 million dollars, the market liquidity is only 1.8 million dollars. This creates a dangerous disconnection. If the majority holder decided to sell a large amount of tokens, there would not be enough buyers to absorb the sale without causing a sharp drop in price. Insufficient liquidity can make the token more susceptible to drastic price movements that do not reflect its real value.
With this data, invest only what you are willing to lose.