Don't Trust Anyone in Crypto!!
I spend a lot of time on Binance Square, and I’ve noticed a concerning trend: many people posting about huge profits or urging others to follow their strategies are often scammers. It's crucial to understand that in the crypto world, when someone profits, someone else is losing. That's just how it works. Money doesn't come from thin air in crypto; it's always a transfer from one person to another.
In the era of deepfake, where even fake videos of people look real (and are often used to scam), editing some pictures of profits, some telegram announcements, and bot images and videos to look real is not a big deal. If someone is really making money, why would they waste their time teaching you or even posting things here? They win when someone loses, so why would they want others to profit?
Be vigilant and cautious about what you see online—not everything you see is true. Don’t trust anyone blindly. Always #DYOR (Do Your Own Research) before making any investment decisions. Create a strategy, understand the risks, and never invest more than you're willing to lose.
Avoid jumping into futures trading without proper analysis or a clear plan, as some might do impulsively when they see a tempting opportunity.
Be smart, stay alert, and invest wisely. Don’t let emotions drive your decisions. Good luck!
Hope this helps! If you need any more adjustments, just let me know! 😊
