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**The Hidden Risks of Following Crypto Twitter for Financial Advice** In the rapidly evolving world of digital currencies, Crypto Twitter has emerged as both an influential and precarious source of financial advice. While the platform boasts a wide array of insights and opinions from enthusiasts and experts, its decentralized nature makes it susceptible to dubious recommendations and market manipulation. Influencers with large followings can sway markets, sometimes prioritizing their interests over yours, leading to risky investment decisions. Cointelegraph's recent investigation sheds light on the inherent dangers of relying on financial advice from Twitter. Without regulatory oversight, the advice trends can stem from misinformation or inflated hype, which can significantly impact individual investments and broader market dynamics. It's crucial to question the motives behind the advice and consider the potential consequences on your portfolio. As the lines blur between genuine insights and calculated ploys, crypto investors must be vigilant. Leveraging traditional financial analysis and consulting with licensed professionals remain essential strategies to balance the speculative nature of crypto investments. Is it time for stricter regulations on financial advice shared on social media platforms? #CryptoInvesting #CryptoTwitter #FinancialAdvice #MarketInfluence #InvestmentRisks #Blockchain
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🚨 SUI's Shocking Surge: Genius Move or Hype Machine? Crypto world, we need to talk about SUI 👀 This token just exploded: - 800% increase in Twitter mentions overnight - Price doubled since last dip - $2.3B market cap Sounds amazing, right? But let's dig deeper. Big names like Raoul Pal are all over this. Great endorsement or calculated PR? Here's the kicker: 64M tokens (worth $59M) unlocking monthly. That's a lot of potential selling pressure. And remember, the market's changed. Other L2s are struggling to maintain value. My move? I'm shorting at $1.055. Risky? Maybe. But I've seen too many hype trains crash. The real action starts near the next token unlock. That's when we'll see if SUI can truly deliver. So, what's your take? Is SUI revolutionizing crypto or is this just another pump? Share your thoughts! In this wild market, your insight could be gold. #SUI #SUICrypto #MarketMoves #CryptoStrategy #TradingStrategy #CryptoMarkets #ProfessionalTrading
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I sold my last 1.5 bitcoin at 16.7k a couple of years ago. I dabbled in crypto trading from 2018-2022. I was overall profitable after three years of getting crushed. I always accounted for it on my taxes and stuff too. But if I hadn't sold my last 1.5 bitcoin at $16.7k my mortgage would be paid in full - if I sold now. There are a lot of "what ifs" in life. My only advice is to not buy altcoins promoted on twitter. That was my mistake. At peak my "portfolio" was worth 5.5 bitcoin but it was in altcoins that dropped 99%. I don't think now is the time to buy bitcoin but if you do enter crypto at all; dollar cost average, sell somebof your position if it gains 10-20% and NEVER buy an altcoin being promoted on twitter.
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As the market sentiment gets bullish, crypto scams also increase. Scrolling through X (twitter), there is a lot of giveaway scams. This type requires connecting the wallet to the link. Once connected, the wallet get drained. Stay ahead and avoid possible scams by reading our article about common crypto scams. https://lnkd.in/egh2qpN4
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BingX is hosting a massive AMA that you won't want to miss! It's all about the wild world of meme coins, and trust me, this one's going to be huge. On Monday, August 12th at 12 PM UTC, we're taking over Twitter Spaces with some of the biggest names in the game - @Wolf0x67, @PovelDurev, @DoogleOnSolana, and @madcoinvip. They'll be dropping knowledge bombs left and right, so be prepared to level up your meme coin game. Whether you're a seasoned investor or just starting out, this is your chance to learn from the pros. They've been in the trenches and are ready to share their insights on what's hot and what's not. And, if you drop a question in the link on BingX official page on X (Twitter), you might just snag a piece of the 100 USDT prize pool. Easy money, right? Don't sleep on this, crypto fam! Set those alarms, cancel your plans, and get ready to dive deep into the meme coin madness. This is the kind of alpha that could take your portfolio to the moon. Who's joining me in this rocket? Let's get this bread.
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Former Twitter Founder and CEO Jack Dorsey took the orange pill a long time ago . . . What is Nostr? It is a protocol that enables global, decentralized, and censorship-resistant social media. Unlike platforms like Twitter and Facebook, Nostr is not controlled by a single company, but rather by a community of users. It is similar to email in that no one controls the protocol, and anyone can build a client on top of it. Clients like #Primal, #Damus and #Amethyst are examples of such clients. If you don’t like how a certain client works, you can seamlessly move your Nostr account to another client without losing your followers or content. #Bitcoin is built natively into the Nostr protocol, allowing you to easily send Bitcoin to someone as a thank you if you see content you like. 🧡 picture below npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m via #nostr
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We are starting to see some two way volatility in crypto after the massive post Trump bull run. Regardless of how bullish a market is there is never a point where the market won’t be over bought and ready for a correction. It is important to keep this in mind while putting you’re game plan together for trading/investing. Even if I could tell you with 95% certainty that crypto majors would double over the next 12 months there is a good chance that a 30% correction would cause you to reduce position or even worse go on tilt and get short at exactly the wrong time. Overall you should almost always have a small cash balance say 10% of your stack in cash. If things get frothy say perps funding rate trading over 30% maybe consider increasing that cash to 15%. Its ok you will get a chance to buy back in. When Crypto Twitter is imploding and you feel like exiting yourself this is the time to put the last bit back to work. But you need to realize that this will not feel good. Write it down somewhere so you will remember. Being able to stay the course during what will look easy at the end of the journey will be perilous through out that journey. (Not investing advice duh)
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🚀 Exclusive Insights with Digital Asset Investor (DAI) At the premiere of Rigged From The Start: Exposing the War on Crypto (produced by Fruition Productions), we had the privilege to sit down with DAI to discuss the XRP Army's resilience, the battle with the SEC, and the transformative potential of X (formerly known as Twitter) in banking, investing, and content creation. 🌐 💬 "The XRP community is doing what mainstream media won’t—restoring truth and integrity while shaping the future of finance." This interview dives deep into the crypto revolution, the power of grassroots movements, and the disruption of traditional systems. 🎥 Catch the full interview now on YouTube or X (formerly Twitter)—link in the comments. Let’s discuss: How do you see the role of digital platforms like X in the future of finance and media? Drop your thoughts below! 👇 #XRP #CryptoCommunity #BlockchainRevolution #DigitalTransformation #SEC #FinanceInnovation #Ripple #Linqto #Uphold #XRPArmy
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