Many people are talking about $RED who cannot sell or buy. I thought this was a Brazilian problem, but I saw several international posts too.. People simply do not read! They buy on FOMO without knowing what it is about. If they had read the data provided by Binance itself, they would know that there will be limits on transactions in the coming hours and days.
I saw a post from a woman laughing at others saying she already bought RED yesterday and for a much cheaper price, and in the image, a photo of a chart on DEXScreener! People make an effort to fall into scams.
Nowadays, anyone can easily create their own token in less than 1 minute for free. When Binance says it will list a cryptocurrency, the first thing they do is create coins with the same name, a honey pot to catch inexperienced greedy people. Then the person goes and searches for the name outside of Binance (which is already wrong, as Binance itself says it is its own unique listing).
In summary: people love to fall for scams.
It would just take a simple 3-minute read of the project to know how it works.
Oh, and of course: NEVER BUY ON LAUNCH LIKE THIS. Wait for the bloodbath to pass, and for the coin to stabilize if you want to buy. Because there is a serious risk of getting stuck at the top.
I always see people crying because they entered the asset when it was launched. They don't accept it and keep complaining here. They blame everything and everyone, and still ask for help on what they should do.
AyllaZa
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When will Red be available for purchase?! Does anyone know, please?
just a suggestion... As tempting as it may be to look at an asset rising, avoid jumping in. Newly launched assets, if you haven't profited, it's better to wait... So you don't regret later.
AyllaZa
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When will Red be available for purchase?! Does anyone know, please?
I don't care, I don't buy, I earn them. So whatever comes is profit...lol
Phantomn
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Am I the only one who finds it strange that the entire market is in the red and now only this crap that Binance launched is rising?? It seems like magic, right lol 😂😂😂 Buy BTC and Pokas, the rest is just the rest... (My Opinion)
Do me a favor... Leave the market, because this is no place for boys. If you can't take it, ask for permission and leave. It's not embarrassing. Just don't stay here crying!
Diego_123
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Bearish
Dude, for real, I no longer have faith in cryptocurrencies. BTC is down. I've already lost 90 reais and with that I've already accumulated 390 in losses and 0 reais in profit. Seriously, I don't even want to put any more money into this app. I had asked my mother for money. Now I owe her about 500 reais. I'm not going to wait for BTC to go up and recover at least that much.
BTC, Eth, Solana, Link and Aave for example... They are good options, but always evaluate if they are for you, always study before investing, and see if it makes sense, always!
Gustavo Luiz
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I'm just starting out, which currency should I buy?
Now you don't buy. Wait for the market to fall, then you buy! Look for consolidated currencies, a maximum of 5 to start with and keep contributing. Do the beans and rice and accumulate capital...
Gustavo Luiz
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I'm just starting out, which currency should I buy?