Happy new year everyone, I am very glad that as many of us who made it to this year made it, and hope the new year brings unimaginable blessing our way going forward.. Amen.

Now, I have something I wish to share concerning the sudden crash we experienced yesterday, which saw bitcoin crash to around 40,000+ from $45,000+.

Bitcoin so far have very much recovered, but Now..

• What do you guys think about that sudden crash?
• What do you think was playing out?

Do you really think it was all about Matrixport's report saying all bitcoin spot ETFs will be rejected by the SEC? No, not at all, it's all a game plan, a strategy to make us panic short and spot sell our bitcoins.

In crypto, learn not to care much about sudden flash crash, as long as its bitcoin we are talking about, but care more, and be most afraid of slow bleed.. I will explain this below - read on.

Investors responds to flash crash, faster than they respond to slow bleed, flash crash is a tool that is used to instigate fear, panic, causing the chicken hearted to instantly (without hesitation) dump their position(bitcoin).

Flash Crash is a tool also used by market makers to flush out over-leveraged traders, and trader who are longing late.
So after the flash crash, the market mostly recovers in no time or after a very short period of time, and those who sell their spot or short; out of panic always end up as losers.

What we investors, should be mostly afraid of is slow bleed, for this is the silent killer.

Now, this is an analogy that is scientifically proven to be true - "Place a rat in a boiling water and it will jump out immediately, but place it in cold water and be heating the water slowly, the rat will remain in that water until the water gets too hot and kill it."

Humans are reactive to sudden sharp changes in stimulus, but extremely dull and unreactive to things that occur over a long period of time.

When they want us to sell, because it's a good time to buy, they will implore the flash crash strategy, causing several investors to panic sell, thereby, giving them the opportunity to buy cheaper.

By when they want us to hold, so they can silently sell at a good price, they'll typically bleed the market slowly, not alerting us - leaving us with a persistent optimism that "reversal is coming", until will find ourselves in the middle of a bear market, with no possibility of selling without incurring a huge financial loss.

Note that every thing I said here about flash crash and slow bleed is  specifically in relation to bitcoin investments, a flash crash for altcoins may completely mean a different thing, which for example could mean a rugpull, bankruptcy and so on.

So lets learn to note that, things won't be always as they seem, market makers and manipulators will always try to take advantage of the chicken hearted investors, learn to be know when to sell, and buy back cheaper later on, and when to actually hodl, because big things are coming and they want you to sell so they could buy cheaper.

Hi guys,
I do not know if this same topic have been brought up here recently, I've search and found none, but if actually there is, please point me to it and I will lock this one.

There have been a lot of controversies surrounding the mode of operations of ledger - one of the top hardware wallet manufacturers, meant to be complete non-custodial, but recently, researchers have discovered data Harvesting Inside the ledger live app.

For whatever reason best known to ledger, and hard to comprehend for users, ledger live app is transmitting information about..
- Clicks
- Page visits
- Redirects
- Crypto transactions
- Page scrolls
- Number of accounts
- Crypto asset names
- Session duration
- Hardware device type
- Firmware version

To ledger's analytics provider known as segment.io.

For those who do not know what ledger live is, like explained HERE^[1]- Ledger Live is the official software for interfacing with any Ledger hardware wallet. The vast majority of PC users download this software in order to set up their hardware wallet and sign transactions.

It was while inspecting the ledger live software code that a Twitter user by the handle Rektbuildr^[2] discovered that user tracking is built into the entire software.
Use the [1] or [2] links shared above to read more about this.

How exactly are crypto holders who believe in decentralization and privacy still buying ledger?
If this is because most don't know this things, aren't we being robbed by this companies, due to our ignorance?

[WHAT IS P2P DUSTING ATTACK?]

WHAT IS P2P DUSTING ATTACK?

P2P dusting attack is a cryptocurrency scam where the scammer sends small amount of cryptocurrency to a large amount of people, potential victims actually.
the amount of cryptocurrency they send to their potential victims is usually so small that sometimes, its hard to notice, but the main goal or purpose of the scammer sending this is to try to trick as many that will notice the transaction, into revealing their private keys, or trick them into visiting a malicious website.

WHY ITS IMPORTANT TO AVOID BEING A VICTIM TO P2P DUSTING ATTACK.

The main or major reason why scammers engage in p2p dusting attack is for two reasons..

• To get their victims to reveal their private key or seed phrase through visiting a clone fake site, which phishes the victim's wallets private information while the victim unsuspectingly tries to connect his or her wallet to the site.
• To get the victims to visit a malicious website where they can try to trick the victim into clicking links that could download software that is infected with malware into the victims computer.

The two mentioned reason both lead to one purpose, and that is to steal the victims cryptocurrencies, and maybe other valuable information that could be stored on the victims computer that the scammer have infected.

HOW TO AVOID BEING A VICTIM TO P2P DUSTING ATTACK

The first and major way to avoid being a victim to such attack is to completely ignore such transaction when they appear on your wallet, no need even search for where it came from, don't even try sending it back or selling the token on a decentralized exchange, no matter the worth, the attacker might drain your wallet during such process, just allow the token to sit there, and if you are not comfortable having them in your wallet, simply move your main crypto assets to another wallet and abandon that wallet - thank goodness wallet creation is free, you can create as many as you want.

Secondly, avoid visiting site that you are familiar with, but even when you find your self on a site you are not very sure of its reputation, then be very careful with clicking on links or downloading any file from such site.

I came across this information on Binance feed, i found it very educative, and i decided to share it here, I hope we all stay safe out here or there.