๐ฆ What is CEX vs DEX? (For Beginners)
There are 2 main ways to trade crypto:
๐น CEX = Centralized Exchange
๐ธ DEX = Decentralized Exchange
๐น CEX (Example: Coindcx)
Works like a bank or stock broker
You sign up with KYC
You donโt own the private keys
The exchange holds your crypto
Easy to use, beginner-friendly
But if the exchange is hacked or shuts down โ your crypto is at risk โ
Real-world example:
Like keeping money in a bank โ safe but not fully in your control.
๐ธ DEX (Examples: Uniswap, PancakeSwap)
No account, no KYC needed
You connect your own wallet (like MetaMask)
You own the keys and full control
No middleman โ just peer-to-peer trades
Requires basic understanding โ
Real-world example:
Like directly exchanging cash with someone โ no third party, but youโre fully responsible.
CEX = Easy but controlled
DEX = Powerful but self-managed
Both have pros and cons.
As a beginner, start with CEX
but learn DEX if you want true control over your crypto ๐
๐ก React if this cleared your doubt on exchanges!
There are 2 main ways to trade crypto:
๐น CEX = Centralized Exchange
๐ธ DEX = Decentralized Exchange
๐น CEX (Example: Coindcx)
Works like a bank or stock broker
You sign up with KYC
You donโt own the private keys
The exchange holds your crypto
Easy to use, beginner-friendly
But if the exchange is hacked or shuts down โ your crypto is at risk โ
Real-world example:
Like keeping money in a bank โ safe but not fully in your control.
๐ธ DEX (Examples: Uniswap, PancakeSwap)
No account, no KYC needed
You connect your own wallet (like MetaMask)
You own the keys and full control
No middleman โ just peer-to-peer trades
Requires basic understanding โ
Real-world example:
Like directly exchanging cash with someone โ no third party, but youโre fully responsible.
CEX = Easy but controlled
DEX = Powerful but self-managed
Both have pros and cons.
As a beginner, start with CEX
but learn DEX if you want true control over your crypto ๐
๐ก React if this cleared your doubt on exchanges!
โค24๐4๐ฅฐ1๐1
๐ What is Self-Custody? (Explained for beginners)
Self-custody means YOU control your crypto, not an exchange or third party.
You hold your own private key or seed phrase, and only YOU can access or move your funds.
๐ฆ CEX vs Self-Custody
On CEX (like Coindcx):
๐ธ They control your keys = They control your crypto
๐ธ If platform is hacked or blocks withdrawals โ you may lose funds ๐จ
With Self-Custody:
You use wallets like MetaMask, Trust Wallet, Ledger
You hold your private keys
Only YOU can access your funds
More freedom, more responsibility
๐ Real-World Example:
Imagine a bank locker.
In CEX โ The bank holds the keys, you just have access.
In Self-Custody โ You hold the keys to your own locker. ๐
No one can open it unless you allow.
๐จ Warning: If you lose your private key or seed phrase, thereโs no reset button. Your crypto is lost forever.
So always: Store it offline
Never share with anyone
Never save on cloud/email
๐ก React if this post helped you understand self-custody
Self-custody means YOU control your crypto, not an exchange or third party.
You hold your own private key or seed phrase, and only YOU can access or move your funds.
๐ฆ CEX vs Self-Custody
On CEX (like Coindcx):
๐ธ They control your keys = They control your crypto
๐ธ If platform is hacked or blocks withdrawals โ you may lose funds ๐จ
With Self-Custody:
You use wallets like MetaMask, Trust Wallet, Ledger
You hold your private keys
Only YOU can access your funds
More freedom, more responsibility
๐ Real-World Example:
Imagine a bank locker.
In CEX โ The bank holds the keys, you just have access.
In Self-Custody โ You hold the keys to your own locker. ๐
No one can open it unless you allow.
๐จ Warning: If you lose your private key or seed phrase, thereโs no reset button. Your crypto is lost forever.
So always: Store it offline
Never share with anyone
Never save on cloud/email
๐ก React if this post helped you understand self-custody
โค15๐9
Can a lost private key be recovered ?
Anonymous Poll
10%
Yes using wallet
10%
Yes, via OTP
74%
No, it's gone forever
7%
Contact support
๐ฏ Crypto Myth: โIf the Project Has a Big Number of Followers, It Must Be Legit!โ ๐คฏ
Many beginners say:
โArrey bhai, Twitter pe 1 million followers hain! Surely safe project hai.โ
But follower count โ project quality.
Let me break it down ๐
๐ Truth: Followers Can Be Bought. Hype Can Be Manufactured.
Many scam or weak projects use:
โ ๏ธ Fake followers
โ ๏ธ Paid influencers
โ ๏ธ Airdrop bots
โ ๏ธ Engagement farms
They create the illusion of being popular โ but thereโs no real community, no real users, no real product.
๐ Once they get enough buyers โ
They dump the token โ Exit the project โ Community gets rekt.
๐ Real Examples:
1๏ธโฃ BitConnect (2017)
๐น Massive social hype
๐น Top YouTubers promoted it
๐ป Turned out to be a Ponzi scheme โ Shut down
๐ Thousands lost money
2๏ธโฃ DeFi100 (2021)
๐น Fancy website, thousands of followers
๐ป Rug pulled investors and even mocked them in a deleted website message.
3๏ธโฃ SQUID Token (inspired by Squid Game)
๐น Viral social media buzz
๐น Traded on PancakeSwap
๐ป Devs disabled selling โ Rug pulled investors โ Token dropped from $2,800 to near-zero
๐ก How to Verify a Real Community?
Check engagement (comments, not just likes)
Visit their Telegram/Discord โ are users real or bots?
See if team interacts genuinely
Look at GitHub activity, not just Twitter hype
๐ Lesson:
Donโt fall for big numbers.
Fall for big value. ๐
Many beginners say:
โArrey bhai, Twitter pe 1 million followers hain! Surely safe project hai.โ
But follower count โ project quality.
Let me break it down ๐
๐ Truth: Followers Can Be Bought. Hype Can Be Manufactured.
Many scam or weak projects use:
โ ๏ธ Fake followers
โ ๏ธ Paid influencers
โ ๏ธ Airdrop bots
โ ๏ธ Engagement farms
They create the illusion of being popular โ but thereโs no real community, no real users, no real product.
๐ Once they get enough buyers โ
They dump the token โ Exit the project โ Community gets rekt.
๐ Real Examples:
1๏ธโฃ BitConnect (2017)
๐น Massive social hype
๐น Top YouTubers promoted it
๐ป Turned out to be a Ponzi scheme โ Shut down
๐ Thousands lost money
2๏ธโฃ DeFi100 (2021)
๐น Fancy website, thousands of followers
๐ป Rug pulled investors and even mocked them in a deleted website message.
3๏ธโฃ SQUID Token (inspired by Squid Game)
๐น Viral social media buzz
๐น Traded on PancakeSwap
๐ป Devs disabled selling โ Rug pulled investors โ Token dropped from $2,800 to near-zero
๐ก How to Verify a Real Community?
Check engagement (comments, not just likes)
Visit their Telegram/Discord โ are users real or bots?
See if team interacts genuinely
Look at GitHub activity, not just Twitter hype
๐ Lesson:
Donโt fall for big numbers.
Fall for big value. ๐
โค8
Are you comfortable in understanding posts in ?
Anonymous Poll
57%
English
27%
Hindi
34%
Hinglish ( whatsapp language )
โค3
๐ฃ The OneCoin Scam โ Biggest Crypto Fraud Youโve Never Heard Of
Letโs go back to 2014.
A woman named Dr. RujaIgnatova appeared on global stages wearing a business suit and speaking fluent English.
She called herself the "Crypto Queen" and launched a project called OneCoin.
She promised:
โOneCoin is the next Bitcoin. Buy now and youโll be rich.โ
People believed her. Massive seminars were held in Europe, India, Africa โ and lakhs of people started investing.
Within just 2โ3 years, the company claimed to raise over $4.4 billion from regular people.
But hereโs the shocking truth:
โ There was no real blockchain.
โ No cryptocurrency existed behind the scenes.
โ The price shown on their app was fake โ manually controlled.
โ Everything was a Ponzi scheme.
People only made money if they referred more people โ like a pyramid.
And when new people stopped joining, the scam collapsed.
In 2017, just before she was about to get exposed, Ruja disappeared.
Sheโs been missing ever since. Her brother was arrested and confessed everything.
The FBI now lists her as one of the top 10 most wanted fugitives.
๐ What You Must Learn:
Never invest in a project just because someone speaks well or wears a suit.
A real crypto project must have a working blockchain, real code, and public transparency.
If income depends on referring others, itโs likely a scam.
๐ซ OneCoin ruined the lives of lakhs of innocent people.
Let this story be a warning โ in crypto, not everything shiny is gold.
React with โค๏ธ if you learnt something new.
Letโs go back to 2014.
A woman named Dr. RujaIgnatova appeared on global stages wearing a business suit and speaking fluent English.
She called herself the "Crypto Queen" and launched a project called OneCoin.
She promised:
โOneCoin is the next Bitcoin. Buy now and youโll be rich.โ
People believed her. Massive seminars were held in Europe, India, Africa โ and lakhs of people started investing.
Within just 2โ3 years, the company claimed to raise over $4.4 billion from regular people.
But hereโs the shocking truth:
โ There was no real blockchain.
โ No cryptocurrency existed behind the scenes.
โ The price shown on their app was fake โ manually controlled.
โ Everything was a Ponzi scheme.
People only made money if they referred more people โ like a pyramid.
And when new people stopped joining, the scam collapsed.
In 2017, just before she was about to get exposed, Ruja disappeared.
Sheโs been missing ever since. Her brother was arrested and confessed everything.
The FBI now lists her as one of the top 10 most wanted fugitives.
๐ What You Must Learn:
Never invest in a project just because someone speaks well or wears a suit.
A real crypto project must have a working blockchain, real code, and public transparency.
If income depends on referring others, itโs likely a scam.
๐ซ OneCoin ruined the lives of lakhs of innocent people.
Let this story be a warning โ in crypto, not everything shiny is gold.
React with โค๏ธ if you learnt something new.
โค12๐3
Crypto Community Trading/Investing
Can a lost private key be recovered ?
Don't miss out to vote in poll.
๐ฏ What is Market Cap in Crypto? (Explained for Beginners)
Youโve probably heard things like:
โBitcoin has the highest market capโ
โLow market cap coins can pump harder!โ
Butโฆ what is market cap? ๐ค
๐ฐ Market Cap = Total Value of a Coin in Circulation
๐ Formula:
Market Cap = Price of 1 coin ร Total coins in circulation
๐ง Example:
Letโs say:
One mango costs โน10
You have a basket of 100 mangoes
๐ The value of your basket = โน10 ร 100 = โน1,000
Thatโs your market cap
Now apply this to crypto:
If 1 coin = โน50 and there are 10 crore coins:
๐ธ Market Cap = โน50 ร 10 crore = โน500 crore
๐ Why Does Market Cap Matter?
Tells how big or strong a project is
Helps compare one crypto to another
Big market cap = more stable (like BTC, ETH)
Small market cap = more risky but can give high returns ๐
๐น Bitcoin โ Highest market cap = โKing of cryptoโ ๐
๐ธ Small altcoins โ Lower market cap = More potential growth (but more risk)
๐ก If this helped you understand Market Cap, tap โค๏ธ
Youโve probably heard things like:
โBitcoin has the highest market capโ
โLow market cap coins can pump harder!โ
Butโฆ what is market cap? ๐ค
๐ฐ Market Cap = Total Value of a Coin in Circulation
๐ Formula:
Market Cap = Price of 1 coin ร Total coins in circulation
๐ง Example:
Letโs say:
One mango costs โน10
You have a basket of 100 mangoes
๐ The value of your basket = โน10 ร 100 = โน1,000
Thatโs your market cap
Now apply this to crypto:
If 1 coin = โน50 and there are 10 crore coins:
๐ธ Market Cap = โน50 ร 10 crore = โน500 crore
๐ Why Does Market Cap Matter?
Tells how big or strong a project is
Helps compare one crypto to another
Big market cap = more stable (like BTC, ETH)
Small market cap = more risky but can give high returns ๐
๐น Bitcoin โ Highest market cap = โKing of cryptoโ ๐
๐ธ Small altcoins โ Lower market cap = More potential growth (but more risk)
๐ก If this helped you understand Market Cap, tap โค๏ธ
โค18๐2
๐JUST IN: Jack Dorsey just launched BitChat โ a messaging app that works without internet and sends #Bitcoin via Bluetooth๐ฅ
๐ฅ9โค3
๐จBREAKING: ๐บ๐ธ President Trump's Truth Social filed for a Crypto Blue Chip ETF that includes #Bitcoin and other crypto๐ฅ
The ETF will invest in a basket of crypto: 70% Bitcoin, 15% Ether, 8% Solana, 5% Cronos, and 2% XRP.โ๏ธ
The ETF will invest in a basket of crypto: 70% Bitcoin, 15% Ether, 8% Solana, 5% Cronos, and 2% XRP.โ๏ธ
โค5
Crypto Community Trading/Investing
Can a lost private key be recovered ?
And the answer is 3rd one ( No, it's gone forever)
In self custody you have to be responsible for your private keys,
if you forgot or lost keys, your crypto will be lost forever.
It's not for CEX like Coindcx.
Answer is in just upper post of the poll ( title: what is self custody ? )
In self custody you have to be responsible for your private keys,
if you forgot or lost keys, your crypto will be lost forever.
It's not for CEX like Coindcx.
Answer is in just upper post of the poll ( title: what is self custody ? )
๐ฅฐ3โค2
๐งฐ CoinMarketCap โ Beginner Use Case
(Your Crypto Google for Checking Prices)
If you're new to crypto, CoinMarketCap (CMC) is your best friend ๐ป๐ฑ
Itโs like the Google of crypto data โ and hereโs how to use it at the beginner level ๐
๐ What Can You Do as a Beginner?
Check Live Prices of Any Coin
Type โBitcoinโ or โShiba Inuโ in the search bar
โ You'll see real-time price, 24h change, and more
See Coin Ranking by Market Cap
Want to know which coin is #1?
Bitcoin is ranked 1, Ethereum is 2 โ based on market cap
Check Basic Info of Any Coin
Tap any coin โ See its price, chart, market cap, volume, supply, and website
Find Trusted Contract Addresses
Never trust random Telegram links!
Always copy official contract address from CoinMarketCap before buying any token (especially on DEX)
๐ง Real-World Example:
Itโs like checking product prices & reviews on Amazon before buying
CMC helps you do that for crypto coins ๐๐ช
๐ก React if youโve used CMC or just learned how to!
(Your Crypto Google for Checking Prices)
If you're new to crypto, CoinMarketCap (CMC) is your best friend ๐ป๐ฑ
Itโs like the Google of crypto data โ and hereโs how to use it at the beginner level ๐
๐ What Can You Do as a Beginner?
Check Live Prices of Any Coin
Type โBitcoinโ or โShiba Inuโ in the search bar
โ You'll see real-time price, 24h change, and more
See Coin Ranking by Market Cap
Want to know which coin is #1?
Bitcoin is ranked 1, Ethereum is 2 โ based on market cap
Check Basic Info of Any Coin
Tap any coin โ See its price, chart, market cap, volume, supply, and website
Find Trusted Contract Addresses
Never trust random Telegram links!
Always copy official contract address from CoinMarketCap before buying any token (especially on DEX)
๐ง Real-World Example:
Itโs like checking product prices & reviews on Amazon before buying
CMC helps you do that for crypto coins ๐๐ช
๐ก React if youโve used CMC or just learned how to!
โค15
Crypto Community Trading/Investing
What type of content you want to get from us ? (You can choose more than 1 option )
So many responses for trading and investing signals
And the good news is, in some days or weeks (definitely not months)
We are coming up with good signals, we love the community โค๏ธ
And the good news is, in some days or weeks (definitely not months)
We are coming up with good signals, we love the community โค๏ธ
โค23
Crypto Community Trading/Investing
๐งฐ CoinMarketCap โ Beginner Use Case (Your Crypto Google for Checking Prices) If you're new to crypto, CoinMarketCap (CMC) is your best friend ๐ป๐ฑ Itโs like the Google of crypto data โ and hereโs how to use it at the beginner level ๐ ๐ What Can You Do asโฆ
โ๏ธ CoinMarketCap โ Intermediate Use Cases
(Level up your Crypto Research Game!)
If youโve already used CMC to check pricesโฆ
Now letโs take it to the next level ๐ช
Here are some super useful tools for intermediate users ๐
1๏ธโฃ Create a Watchlist ๐
Log in โ Tap โญ on your favorite coins
Track only the coins you care about โ no need to scroll 1000s daily!
2๏ธโฃ Set Price Alerts ๐
Want to buy Bitcoin at โน70,00,000?
CMC lets you set custom alerts
Youโll get a notification when the price hits your target
3๏ธโฃ Use โCategoriesโ to Find Themes ๐
Go to Menu โ Categories
Explore coins by theme:
AI Coins
Layer 1 Coins
Meme Coins
DeFi Coins
Perfect for discovering new trends ๐ฅ
4๏ธโฃ Use Filters & Sorting ๐ง
Sort by:
% Change (Top gainers/losers)
Market Cap
Volume
Newest coins
Great for spotting fresh movers or hidden gems ๐
Use it daily to monitor your favorite coins and time your entries better!
React โค๏ธ if youโll try these tools now
(Level up your Crypto Research Game!)
If youโve already used CMC to check pricesโฆ
Now letโs take it to the next level ๐ช
Here are some super useful tools for intermediate users ๐
1๏ธโฃ Create a Watchlist ๐
Log in โ Tap โญ on your favorite coins
Track only the coins you care about โ no need to scroll 1000s daily!
2๏ธโฃ Set Price Alerts ๐
Want to buy Bitcoin at โน70,00,000?
CMC lets you set custom alerts
Youโll get a notification when the price hits your target
3๏ธโฃ Use โCategoriesโ to Find Themes ๐
Go to Menu โ Categories
Explore coins by theme:
AI Coins
Layer 1 Coins
Meme Coins
DeFi Coins
Perfect for discovering new trends ๐ฅ
4๏ธโฃ Use Filters & Sorting ๐ง
Sort by:
% Change (Top gainers/losers)
Market Cap
Volume
Newest coins
Great for spotting fresh movers or hidden gems ๐
Use it daily to monitor your favorite coins and time your entries better!
React โค๏ธ if youโll try these tools now
โค14
What happens if you send crypto to the wrong address?
Anonymous Poll
11%
It bounces back
7%
Can be reversed
9%
Support helps you recover
73%
It's lost forever
Important update: If you missed out Bitcoin, don't miss out on etherium now.
๐ฅ6
๐ช Crypto Myth : โThe More Use Cases a Project Claims, the Better It Is!โ ๐ง โ
Beginners often think:
โYeh project toh DeFi bhi karega, Metaverse bhi, NFTs bhi, AI bhiโฆ matlab bahut solid hai!โ
But actually, thatโs a red flag in many cases.
๐ Truth: Too Many Use Cases = No Clear Focus = Possible Flop
Crypto projects that try to do everything often end up doing nothing properly.
๐ฉ Itโs a marketing trap:
๐ Add 5 trending buzzwords โ attract FOMO crowd
๐ No actual working product โ token crashes later
๐ Real Examples:
1๏ธโฃ BitClout / DeSo
๐น Promised a decentralized social network + tokenized creator economy + NFTs
๐ป Overpromised, underdelivered. Lost community trust. Price dropped ~95%.
2๏ธโฃ Shiba Inu (Initial Phase)
๐น Started as meme coin
๐น Later announced NFTs, Metaverse, Shibarium chain, DeFi, etc.
โ ๏ธ While some parts were built, many features took long or lacked adoption.
๐ป Prices dropped heavily from ATH as utility didnโt match hype.
3๏ธโฃ Many low-cap coins in 2021-22:
๐น Added โAI + Web3 + Metaverse + Staking + GameFiโ
๐ป No working product, no roadmap updates, vanished after presale pump.
What to Actually Look For:
๐ธ One or two strong, focused use cases
๐ธ Real team with a clear roadmap
๐ธ Working product or MVP
๐ธ Active dev updates, not just announcements
๐ Lesson: A coin that claims to โdo it allโ often does nothing real.
Depth > Breadth in crypto.
React โค๏ธ to support us !!
Beginners often think:
โYeh project toh DeFi bhi karega, Metaverse bhi, NFTs bhi, AI bhiโฆ matlab bahut solid hai!โ
But actually, thatโs a red flag in many cases.
๐ Truth: Too Many Use Cases = No Clear Focus = Possible Flop
Crypto projects that try to do everything often end up doing nothing properly.
๐ฉ Itโs a marketing trap:
๐ Add 5 trending buzzwords โ attract FOMO crowd
๐ No actual working product โ token crashes later
๐ Real Examples:
1๏ธโฃ BitClout / DeSo
๐น Promised a decentralized social network + tokenized creator economy + NFTs
๐ป Overpromised, underdelivered. Lost community trust. Price dropped ~95%.
2๏ธโฃ Shiba Inu (Initial Phase)
๐น Started as meme coin
๐น Later announced NFTs, Metaverse, Shibarium chain, DeFi, etc.
โ ๏ธ While some parts were built, many features took long or lacked adoption.
๐ป Prices dropped heavily from ATH as utility didnโt match hype.
3๏ธโฃ Many low-cap coins in 2021-22:
๐น Added โAI + Web3 + Metaverse + Staking + GameFiโ
๐ป No working product, no roadmap updates, vanished after presale pump.
What to Actually Look For:
๐ธ One or two strong, focused use cases
๐ธ Real team with a clear roadmap
๐ธ Working product or MVP
๐ธ Active dev updates, not just announcements
๐ Lesson: A coin that claims to โdo it allโ often does nothing real.
Depth > Breadth in crypto.
React โค๏ธ to support us !!
โค12๐1