hello, I create this topic concerning the decoin scam project
I would like to know if anyone else has lost money on decoin?
the platform has been inactive for 15 days, it is impossible to reach them by email, 100 emails in 15 days, I guess the project is dead..
The risk of investors in cryptocurrencies such as being exposed to scams is common, there is nothing we can do unless we can only think positively again, of course this is an important lesson for us that we must be aware of any coins, what happens to luna is of course a surprise bigger because Luna entered the top 10 ranking. |
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Online trading is commonly used as an official job, even when I was in college a few years ago I had applied for work for the position of traders on the Futures Exchange, Forex and so on, now the presence of crypto trading certainly makes it easier for anyone to become a professional trader and deserves to be the main job.
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Many are worried that if the December market will fall again, in my opinion the biggest fear is when there are cases like FTX repeated again, making investors lose money, the FTX process is unclear and it seems like it will end with a bad thing that FTX will not return money to consumers.
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Today is the market rising again even though it is only 2%, hopefully in December the market can touch $ 20k, many people will worry if the market will continue to drop even under $ 12k, but as investors we must be optimistic and make a good opportunity to buy more when Price falls.
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Many people are often confused by Bitcoin and Cryptocurrencies, they think that cryptocurrencies are only Bitcoin even though as we know that there are currently more than 20K Altcoins, it's only natural because they are not investing in Bitcoin, if they try investing it will understand things like this.
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I hope that the FTX drama will end soon, confiscated all the assets owned by FTX and conduct a very strict audit on transactions on FTX so that the assets of investors are found, I'm sure SBF has a large cryptocurrencies asset, although it's not enough to pay for investors but at least can restore even if only 50%.
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If calculated then I only have a very less income from basic needs, I work as an employee who produces ceramics, unfortunately economic conditions make the company very difficult to sell ceramic products so many are stocking, sometimes we even have to receive ceramics instead of salary, and We sell it to friends or people who are building a house.
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The way to be safe and free from obligations to investors is to pretend to pretend to be stupid, even he feels also loss from the bankruptcy of FTX, this type of human can only harm others, whatever he says we will never believe, with this case we must Beware and don't store assets in Exchanges with a large value.
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I invest about $ 140 in June and now dropped to around $ 120, some time ago had risen to around $ 220 but I was still optimistic that the market would rise, unfortunately the market continued to decline, but I was sure Luna still had opportunities for rising, and target kill 1 Zero hopefully can happen in 2023.
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Neither we should trust DEX smart contracts to store them for too long time. As at least when we trust CEXes, they get sued after messing up, You can't sue a faulty hacked smart contract. And what comes to praising decentralization in general, it almost always has centralized elements. Like wrapped btc that just got depegged supposedly because of Almada Research minted it a lot. DEX also cannot be fully trusted, because some DEXs are managed by scammers who will easily take our assets. As you said, no one can sue Smart Contracts if they commit fraud and take the assets of the users, they will just disappear. In contrast to CEX which will be demanded by its users directly. The main security is actually in its own use. they must be aware that crypto is very risky, and must be really good at keeping their own assets safe. A personal wallet is a safe place that can be managed alone. You are absolutely right, CEX or DEx, none of them is free from risk of hacking, either DEX or non-custodial wallets are not 100% secure, so many incidents have been reported in media about hacking of investors' money was stolen by DEFIs as well online wallets were hacked. Big exchanges like Binance and Coinbase have reliable security system as well as funds are protected by insurance cover. Alert for transactions at dex, if we use metamask then we must be vigilant because bad things can happen, I once lost assets around $ 400 after the transaction in the pancakes, small things at that time because I forgot to lock or delete the account so that it was easy to get back. |
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Coinbase is an exchanges that I have used since 2014 together with Bittrex, I always keep assets in Coinbase because everything is safe, even when I stopped since 2018 then login again at the end of 2021 all assets are still safe, and if the coinbase is currently stopping a few Coins for deposits of course this is a negative sign that makes us have to be aware of the coin.
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Japan is a very strict country in everything, I have had friends who work in Japanese financial companies, and when I want to open branches in other places, there are many requirements and guarantees for large deposits because they are worried that they will be used as fraud, and I'm sure Japan will apply the rules The tight thing that makes the crypto project in Japan very difficult.
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Inflation has affected currency values, but I never thought it would put paper money out of circulation. Paper money will always exist and will always be printed all the time regardless of whether its value has lost or strengthened, I can't even imagine when it will stop circulating because the probability of it stopping is very small.
Bitcoin, which is currently predicted to be better, is also not a substitute for paper money, so paper money will still exist even though people have better options to circulate among the public.
Inflation or recession will not affect the circulation of paper money, we have seen how devastating the recession destroys the world economy, but the circulation of paper money still quite dominates its circulation until now. Bitcoin can grow simultaneously amid the circulation of paper money in the community, this will not limit any of them and I think both of them deserve to walk together as legal tender and promising investments in the future. It does not matter if inflation or recession occurs with a paper money circulation, this is common and sometimes inflation is also good because making money circulation can occur to other regions, paper money is easy to control by the central bank because it has valid data and can control paper money. |
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Right now, it's best to buy bitcoin and let people still say bitcoin is or will die. And soon enough, they'll be sorry they said that when bitcoin is on the rise again. We can still buy at the moment and while there may still be a dip later, that is another time to buy more.
I still predict a decline will occur but I don't know if it will happen or if it's time for a reversal. And if it does happen in a reversal, it could be a major reversal because bitcoin has already reached $69k. So get ready for that moment.
Agree, I'm sure the month of December is the beginning of the market that will improve, the Pope wants a year -end vacation so that it will continue to pump and sell above $ 25K, now focus on continuing to buy so that we do not regret if the price next week has reached $ 20K. |
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Early December began with a good movement, after the FTX case that made panic and had touched the lowest level of $ 15k but today the price has touched $ 17k, I'm sure the price can reach $ 20k in a week and will continue to rise even though sometimes there is a correction but it won't Stop the pace to reach $ 25K.
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About 6 hours ago the price of Bitcoin had reached $ 17K and I was increasingly optimistic that December could be better than November, our main focus now was to continue to buy and I was sure that in a week the price would touch $ 20K, Do not hesitate with the future of Bitcoin because it will continue to improve.
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Beginners certainly hope to get a big profit when they invest in cryptocurrencies, when they invest and turn out to be different then it will be easy to panic, I also have an investment worth $ 150 then the drop price is more than 15% in 4 days and makes me panic and then sell all asset.
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Some stable coins such as tether and busd have officially received guarantees from the USA financial authority so I'm sure it's safe, and I have used stable coins for more than 3 years and have never been problematic, stable coins have an algorithm that makes its value stable even though the market is sinking or skyrocketing .
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