Be Excited about the rise, be wary about the scams, and loss

[Tahsin Kabir Kollol]

We are all very happy and excited about the rise in the price of Bitcoin but many are using this positive side for their nefarious purposes. As the market grows, the origin of scammers increases, and they can easily deceive enthusiastic people. Therefore, new projects and areas of investment should be carefully considered before investing. The decision should be made by analyzing the market through proper data verification and selection whether it is hastened by fake information or news.

[1714855015]

1714855015

[1714855015]

1714855015

[1714855015]

1714855015

[1714855015]

1714855015

[hahay]

That's right, always be careful and make sure that whatever you access to open a wallet and also buy cryptocurrency, always use a trusted place or exchange and make sure everything is correct. Such vigilance should be the basis that must be realized, I personally also suggest some friends and even my own brother when they are interested in owning crypto because the price continues to rise, they start buying it but always remember this is an already high price so it is possible to down, so there's no need to hold on for the long term but it is an option and by always checking the market at least to take the profit you expect in the short term.

[wxa7115]

The first thing that came to my mind when I read the title was XRP,
Everyone was so excited and pumped about XRP last year before the snapshot,
It gain so much attention and been hype then after the price gets high the fall begun and so many negative news came up.
So yes we should be excited about the rise but be wary about the scam and loss.

This should show us that investing in one of the top coins in the market is no guarantee that you are going to be safe and that your money will not disappear instantly, there are several coins in that top 10 that I will never touch and XRP was one of them.

Another coin that I will never touch is bitcoin cash, while I did not had a problem with the fork itself as this is very common in open source projects, the fact they called themselves the real bitcoin and many people were outright deceived because of them bothers me to no end so I see them as nothing more but scammers and no one should ever invest in that coin.