Since I wrote a post about 'nefhez', I've noticed a change in his behavior. He used to take long positions early on, but when he experienced significant losses a couple of times, he'd stop copy trading and disappear. Or, if his initial profit and loss (PNL) went below -70%, he couldn't tolerate it and would run away. Believing himself to be an exceptional trader (almost like the Dunning-Kruger effect), he didn't want to show these figures to others, so he'd delete the records every time. Then he'd create a new account, only maintaining those with good initial numbers generated by sheer luck from catching a good drop in the market for about 7 days. However, as he continued to take high leverage long positions, those accounts also went beyond -90% after two weeks and he'd eventually run away. I've observed him since TraderWagon, and without exception, he always behaved in this pattern.

However! Despite encompassing both of these situations, the current 'nefhez' is maintaining without hitting the stop button. Perhaps upon encountering my post, he might think that if he doesn't do something, he won't be able to continue copy trading. I feel sorry for him, but this change doesn't hold much significance. His skill remains the same—relying solely on taking high leverage long positions. It's trading based on market luck, not skill. I hope to prevent innocent victims from further harm by urging him to stop copy trading and engage in solo trading.

#nefhez #copytrader #binance #UserProtection #copytrade

🚨 Binance Prevents $2.4 Billion in User Losses! 🚨

In just seven months of 2024, Binance’s advanced security measures protected over 1.2 million users, stopping $2.4 billion in potential scams and fraud. With AI-powered monitoring, Binance is committed to keeping your assets safe 24/7.

“User protection is our top priority,” says CTO Rohit Wad. But remember, your vigilance is key—stay informed and secure!

#BinanceSecurity #CryptoSafety #UserProtection

"Protocols and systems at Binance are best in class, leading the industry," says @Scaramucci, highlighting Binance’s commitment to user protection.

Day 2 at @token2049 kicked off with a powerful discussion featuring @_RichardTeng and @jerallaire, emphasizing the critical role of regulation in safeguarding users and fostering trust in the crypto space.

Binance continues to raise the bar for security and transparency—ensuring the future of digital assets remains secure for all. #Binance #Token2049 #UserProtection #CryptoRegulation #Token2049
$BTC
$BNB
$SOL

"Protocols and systems at Binance are best in class," said @Scaramucci during an insightful Day 2 discussion at @token2049. Joined by @_RichardTeng and @jerallaire, they highlighted the critical importance of user protection and regulation in the evolving crypto space. Binance continues to prioritize safeguarding users while setting the benchmark for industry standards. #Binance #Token2049 #UserProtection #CryptoRegulation #Token2049

🚨 Crypto Community Urges WazirX to Accept All Conditions & Hand Over Control to Binance 🚨

Just two months ago, WazirX was a leading exchange in India. Now? It’s struggling after a major hack hit its cold wallet. ⚠️ The exchange is seeking legal immunity in Singapore, aiming to shield itself from financial liabilities—leaving users concerned. 😟

🔍 What’s happening?
On Sept 13, 2024, a report revealed that WazirX plans to repay users only 40-55% of their funds, spread over months (or even years). Why? The exchange claims it can't afford to offer full refunds without collapsing. This has led to outrage, with many users suggesting that WazirX is focusing on survival rather than customer welfare. 💸

🤔 What’s the solution?
Many in the crypto community are calling on WazirX to settle with Binance—no strings attached. They believe that if Binance fully acquires WazirX, it could restore trust and ensure 100% refunds for users. 🙌

The suggestion? WazirX should prioritize its customers, even if it means taking a financial hit. This could rebuild its reputation and open doors for future opportunities.

What do you think? Should Binance take over WazirX to save the day? 🤝

#CryptoNews #CryptoCommunity #Bitcoin #CryptoExchanges #UserProtection