#BinanceSafetyInsights New scam examples keep emerging, exploiting greed and lack of vigilance. Recently, a multi-signature wallet form appeared on OKX, leading many to believe there was money already in the wallet, and all they needed to do was deposit TRX to 'unlock' it. The result: users lost gas fees, while the assets in the wallet were just bait.
Some important insights to protect yourself: - Do not log into wallets via links sent by strangers, even if they claim to be 'airdrops'. - Carefully check dApp access – do not grant transaction signing permissions without fully understanding. - It is advisable to learn how to read basic *smart contracts* or use wallet inspection tools like Debank, Etherscan. - Regularly revoke access from wallets through management sites (Revoke.cash, etc.).
Crypto can be free, but that does not mean it is safe without knowledge.
#BinanceSafetyInsights New scam examples are continuously emerging, preying on greed and a lack of vigilance. Recently, a multi-signature wallet form appeared on OKX, leading many to believe there is money already in the wallet, and all they need to do is deposit TRX to "unlock" it. The result: users incur gas fees, while the assets in the wallet are just bait.
Some important insights to protect yourself: - Do not log into wallets via links sent by strangers, even if they claim to be "airdrops". - Carefully check dApp access rights – do not grant transaction signing rights without fully understanding. - It's advisable to learn how to read basic *smart contracts* or use wallet inspection tools like Debank, Etherscan. - Regularly revoke access from wallets through management pages (Revoke.cash, etc.).
Crypto can be free, but that does not mean it is safe without knowledge.
#SecureYourAssets Since many people were deceived by the OKX multi-signature wallet or "airdrop giveaway" schemes, protecting digital assets has become more urgent than ever.
Some methods adopted by the community: - Split assets, separate hot and cold wallets. - Use hardware wallets like Ledger, do not keep keys online. - Activate two-factor authentication (2FA), prioritize app over SMS. - Do not connect wallets to unfamiliar websites, even just once. - Keep up with the latest scam news from the community and official channels.
Safety of digital assets is not just an individual’s responsibility – it is a vital principle if one wants to survive in the increasingly risky and tempting crypto world.
Last week, I almost got scammed by a new trick: the OKX multi-signature wallet. I saw the wallet had USDT already, and I just needed to deposit some TRX to cover the gas fee to withdraw the money. But once I deposited, I realized I needed the wallet creator to sign as well – and that meant losing all my TRX.
I just realized in crypto, there is no free lunch. The bigger the profit seems, the more suspicious you should be.
Now I always: - Don't trust anyone who offers money, shares wallets, or sends apps. - Don't click on strange links, even from friends (because they might be hacked). - Always check for new scam information in the community & official channels.
Crypto opens up many opportunities, but it is also full of traps. Stay SAFU everyone.
Once upon a time, every time the market dumped, my heart raced wildly, and my hands trembled, not daring to press the cut-loss button. After losing, I would FOMO double to recover, and then... it would all burn out.
Now it's different.
I learned to write a trading plan before entering a trade: where to enter, where to set the SL, where to take profits. And I just stick to that, without overthinking.
I also set a daily loss limit. If I hit that threshold, I turn off the computer and go have coffee. No "recovering", no "gambling".
Trading psychology isn’t something that can be mastered overnight. But if you don’t practice, you will be led by emotions – and sooner or later, you will pay the price.
#RiskRewardRatio When I was inexperienced, I traded based on emotions. Now, every trade starts from one formula: Risk:Reward ≥ 1:2
If I accept a risk of $100, then the potential profit must be from 200$ and above. Does not meet this ratio? Skip.
How I calculate: - Determine the entry zone - Identify a reasonable stop loss (below support/resistance) - Predict TP based on price structure & volume profile - Calculate RR = (TP - Entry) / (Entry - SL)
Good RR + high probability of winning = trade worth entering Good RR + low probability = wait for additional signals Poor RR = eliminate immediately
Trading is not about guessing correctly – it is about choosing the most advantageous bets in the long run. #RiskRewardRatio
When I first started trading, I thought stoploss was a cowardly act. Then my account proved that… I really am a fool.
Since I learned to set stoploss: - I sleep better - My wallet no longer "disappears" every time BTC sneezes - And I officially ended my toxic relationship with the style of “holding losses until death”
The strategy I use: - Spot: set SL 8-10% depending on the coin - Futures: SL 3-5%, TP 2 times SL - Always monitor the H4/D1 chart, do not fomo into trades every minute
"I once went all-in on a coin and lost everything. Now I only believe in diversifying my assets."
Two years ago, I thought I was smart by pouring all my capital into a newly emerging altcoin. It pumped 3 times, then dropped to 1/10 of its original value in just one week. That costly lesson changed my investment mindset forever.
Now, I choose to diversify my assets:
40% BTC & ETH – the safe pillars
30% top market cap altcoins – taking advantage of short waves
10% stablecoins – ready to DCA when the price is right
20% NFTs & new projects – breakthrough opportunities
The result? A more stable portfolio, a stronger mindset, and profits no longer dependent on a single name.
"Trump paves the way to buy Bitcoin with tariff revenue – A strategic turning point for crypto?"
The Trump administration has just announced it may use revenue from tariffs to buy Bitcoin – an unprecedented move in the history of U.S. financial policy. This not only marks the recognition of digital assets at the national level but also sends a clear signal that Bitcoin is gradually becoming a strategic tool in economic policy.
Why is this extremely important news?
If the U.S. officially accumulates Bitcoin, other countries may 'FOMO' in, unleashing a new wave of national-level buying.
A significant increase in demand could cause BTC to break through psychological resistance levels, pushing the price to new ATH regions.
Bitcoin will no longer be a speculative asset but a strategic asset in trade wars and digital currency competition.
What do you think if Bitcoin becomes part of the national reserves?