DeFeed | Metaverses, NFT, GameFi, DeFi

A dashboard with Booty Points should be launched today. We are preparing to see who has already accumulated how much. This all affects the future Airdrop.

Scam or Failure? 🤔

Many newcomers to cryptocurrency often confuse the terms "scam" and "failure." They tend to label any unsuccessful projects or launches as scams, which is not entirely accurate.

Scam refers to deliberate fraud with the intent of stealing your funds:
- NFT scams involving QR codes and links to fake websites.
- Invitations from fake accounts to private channels.
- Collecting money and then shutting down the project.
- Advertisements promising unrealistic returns.

Scammers frequently use the names of well-known projects to create fake ones, embedding drainers within them. Here’s how it typically works:
1. You connect your wallet to the site.
2. You initiate a transaction, which you can either accept or decline.
3. Upon confirmation, you unknowingly send your TON and other valuable assets to the scammer’s wallet.

The advantage of the TON ecosystem is that it clearly shows which funds will be debited. In other wallets, like MetaMask and Phantom, this transparency is not always present.

Cryptocurrency Security Tips:
- Stay informed and vigilant.
- Use a new or empty wallet for each project, without accumulated assets. Only keep small amounts for transaction fees or funds you are willing to lose.
- Learn to distinguish between a scam and a failure. In our chat, terminology is strictly monitored, and misusing these terms can result in a ban.

Examples:
- MINERALZ — a scam. The project's bot had a built-in drainer that stole millions of tokens.
- ONCHAIN — not a scam, but a failure. They distributed very little, the process was complicated, and it required excessive effort. This is not fraud, just unprofessionalism and a lack of respect for the community.

Save this information and share it with your friends. 📢

Next week we'll be doing more complex quizzes. These are too easy for you🙃

There are two pieces of news . Good and bad 🎅🏻

1. The number of Hamster Combat users has reached 200mn
2. There is not enough money for everyone 😂

‼️We are observing significant changes on the daily BTC chart

The correction phase has been ongoing for more than 100 days, and all indicators have sufficiently cooled down. The trend is clearly downward, characterized by lower highs and the anticipation of another lower low.

Yesterday's close was below the 65500 - 63450 range, indicating a likely decline to 60k, and further down to the support block of 55785-58k, where the correction is expected to end. 📉

As long as the daily candles close below 65500 - 63450, the downward trend will persist. The next significant level on the daily chart is the psychological threshold of 60k, which is expected to provide a bounce, though not surpassing the 65500 - 63450 range. After this bounce, I anticipate a continued decline to 55785 - 58k.

It is unlikely to drop below 55785 - 58k, but it is important to consider the possibility of further declines to 53500 - 51800, 48500, and 44700 - 43700. ⚠️

😡🔽🔽🔽🔽🔽😤

Common Mistakes and Why Most People Lose Money in Crypto

Lack of Knowledge

One of the most common mistakes beginner investors make is investing in cryptocurrencies without first studying the market. Cryptocurrencies are not just a new financial instrument; they are also extremely volatile. Ignorance of the basics and specifics of blockchain, algorithms, security, and factors affecting prices can lead to poor investment decisions.

Following the Crowd

Many investors buy at peak prices when the asset has already reached its maximum price due to hype. This is followed by an inevitable decline, trapping new market participants with assets whose value has significantly decreased.

Underestimating Risks

The cryptocurrency market is extremely risky due to its instability and unpredictability. Investors who ignore the need for risk management, such as using stop-losses or diversifying their portfolios, often face significant losses.

Following Signals

On forums and social networks, there are many "experts" offering dubious investment advice or promoting new, unverified cryptocurrencies. Investments based on unverified information can lead to substantial financial losses.

Phishing and Fraud

The cryptocurrency market attracts many scammers. Phishing attacks, data theft, and unscrupulous ICOs are just some of the threats users may face. It is important to use reliable and proven crypto wallets and exchange platforms, and regularly update your knowledge of security measures.

Conclusion

Investing in cryptocurrencies can be profitable, but it requires caution, education, and a clear plan of action. Education, thorough analysis, and proper risk management are your best protection against losses in this complex and dynamic market. Do not let emotions drive your investment decisions and be attentive to your information sources.

😇 Have a good week, everyone!

May you earn more than you spend!

Whoever puts a reaction will earn more😂

Trading with bots in the summer is a great activity.
Summer usually lacks extreme volatility, and with the proper setup, bots can generate semi-passive income for you.

Why Semi-Passive?

Robotic trading is a professional trading tool. While it eases manual trading, to use it successfully, you must first master manual trading.

Many beginners lack essential knowledge when starting with bot trading, leading to frequent losses. Often, these individuals have not fully understood manual trading either. Key basics they should know include:

1. Risk and money management
2. How to use the trading terminal for manual trading
3. A comprehensive understanding of margin types, beyond just the basics (cross and isolated)
4. How and when to average down if the bot enters an investment phase

These are fundamental concepts, but there are many more nuances.

With bots, you can earn significantly, but you must first understand manual trading and then learn how to use bots effectively. If you know how to trade manually, then trading with bots will definitely suit you.

The most important thing to remember is that bot trading is not a get-rich-quick scheme where the bot constantly brings you high profits. The bot eases your trading, but the responsibility for your actions (settings) remains yours.

You can set up the bot for aggressive trading and potentially earn 100% per month, but you need to manage it actively, turning it on and off as needed, which requires full immersion in the trading process.

Alternatively, you can configure bots for a conservative strategy and earn 5% per month. Both options are excellent, but you must choose the one that suits you best. In any case, you need to monitor and control the bot to ensure success.