💧 BNBPot @Airdrop 💧

🏆 Task:         ➕    30 BNBP for 50,000 random participants each.

👨‍👩‍👧 Referral:   ➕   800 Million BNBP for top 300 referrers (Up to 100 BNBP).

Airdrop Link:👇

https://t.me/BNBPotNewAirdropBot?start=r08030725111

Join BNBPot Telegram group & Telegram channel.

Enter your information to the airdrop bot.

🔐 All airdrop steps should be completed.

Notes: Total airdrop pool is 20 Billion BNBP.

  Distribution date: May 30, 2023.

❗️ Disclaimer: Please do your own research before connecting your wallet on any platform. If you are not sure, please use a new wallet. All information must be independently verified by each participant before any action is taken.

Dear Community Members,

We would like to address a recent airdrop promotion that was posted on our channel (ZkHero).

Unfortunately, the project that we promoted turned out to be a scam, and we deeply apologize for any inconvenience or harm this may have caused.
Before posting the airdrop, we conducted research to ensure that the project was legitimate and safe. However, we later found out that the project was not what it seemed, and that its partners had deleted their publications about it.
We understand the trust that you have placed in us, and we deeply regret any negative impact that this incident may have had on our community.

We appreciate your understanding, and we value your continued support and trust. If you have any questions or concerns, please do not hesitate to contact us.

New airdrop: SpaceFloki
Reward: 75,000 SPAKI (~$7.5)
News: Gitbook
Distribution date: May 6th

🔗Airdrop Link:👇
https://t.me/SpaceFlokiAirdropBot?start=2024361217

-Complete all tasks of the airdrop
-Submit your ETH wallet address
-For 1,000 Random Lucky people

-The top 200 referrals can each get more SPAKI tokens

Done ✅Done✅Done✅Done✅

⚠️Please remember: We are airdrop hunters and only participate in free airdrops, do remember that airdrop tokens are free

💧 THE WORD TOKEN @Airdrop 💧

🏆 Task:          ➕  $10 worth of TWD for 2500 random participants each.

👨‍👩‍👧 Referral:   ➕  $5000 worth of TWD for top 50 referrers.

➡️ Airdrop bot for THE WORD TOKEN:👇

https://t.me/TheWordTokenAirdropBot?start=2024361217

↪️ Join THE WORD TOKEN Telegram group & Telegram channel. (Required » $3 worth of TWD)
↪️ Follow THE WORD TOKEN on Twitter and retweet the pinned post by tagging 3 of your friends. (Required » $3 worth of TWD)
↪️ Follow THE WORD TOKEN Developer on Twitter. (Optional » $2 worth of TWD)
↪️ You can perform other tasks on the bot. (Optional » $2 worth of TWD)
↪️ Enter your information to the airdrop bot.

Notes: Total airdrop pool is $30,000 worth of TWD. Top 50 referrers will be rewarded as follows;

1st place:                $1500 worth of TWD
2nd place:              $750 worth of TWD
3rd place:               $400 worth of TWD
4th to 50th place: $50 worth of TWD each.

ℹ️  Distribution date: May 5, 2023.

New airdrop: YumYum (For all)
Reward: 200T Yumy tokens
News: BuildOnBase
Distribution date: After TGE

🔗Airdrop Link: https://t.me/yumyumairdrop_bot?start=2024361217

-Complete all tasks of the airdrop
-Submit the username and detail
-Please visit here for more details

-Yum is based on Base network and Get your invite link on Discord & invite friends

Done ✅Done✅Done✅Done✅

⚠️Please remember: We are airdrop hunters and only participate in free airdrops, do remember that airdrop tokens are free

Hello crypto World, soon I will start sharing crypto trading technical analysis and indicators too 👍

Join this group now 👍

Educational Post

Fan Tokens

Fan tokens are digital assets that are created by sports teams, clubs or brands to increase fan engagement and create new revenue streams.

They are built on blockchain technology and allow holders to engage with the team, from buying priority tickets to voting on club decisions such as choosing a new kit, slogan, or jersey design.

Fan tokens are purchased with cryptocurrency, and the ownership of the token gives the fan benefits or privileges, such as access to exclusive content or merchandise, voting rights, or even the ability to earn rewards. Note that fan tokens are different from non-fungible-tokens (NFTs) in that they are fungible.

This means that any given fan token is equal in every way to any other token of the same type, just as one BTC is equal to another BTC.

Educational Post:

What is risk management?

Risk management entails predicting and identifying financial risks involved with your investments to minimize them. Investors then employ risk management strategies to help them manage their portfolio's risk exposure. A critical first step is assessing your current exposure to risks and then building your strategies and plans around them.

Risk management strategies are plans and strategic actions traders and investors implement after identifying investment risks. These strategies reduce risk and can involve a wide range of financial activities, such as taking out loss insurance and diversifying your portfolio across asset classes.

Risk Management Strategies

1. The 1% rule is a simple risk management strategy that entails not risking more than 1% of your total capital on an investment or trade.

2. A stop-loss order sets a predetermined price for an asset at which the position will close. The stop price is set below the current price and, when triggered, helps protect against further losses. A take-profit order works the opposite way, setting a price at which you want to close your position and lock in a certain profit.

3. Diversifying your portfolio is one of the most popular and fundamental tools to reduce your overall investment risk. A diversified portfolio won't be too heavily invested in any asset or asset class, minimizing the risk of heavy losses from one particular asset or asset class. For instance, you may hold a variety of different coins and tokens, as well as provide liquidity and loans.

Educational Post

Crypto whales

Crypto whales are individuals or entities who hold large amounts of cryptocurrency, having amassed their substantial holdings through early investments, mining, or other means. With significant crypto holdings at their fingertips, whales have the ability to influence the market by buying or selling large amounts of assets, causing price fluctuations.

A crypto holder can be considered a whale if they hold a significant percentage of the total supply of a particular cryptocurrency and are able to impact price movements by making trades. 

To put this in perspective, someone who holds $1 million worth of an asset with a market capitalisation of $100 million is a whale, while someone who holds $1 million worth of an asset with a market capitalization of $30 billion may not be considered a whale.

While they each have $1 million in crypto assets, the former has more power to move markets than the latter.

Educational Post

General Tips to Protect Yourself Against Scams

Trade on reputable platforms

Choose leading P2P platforms that offer their users robust safety features. Common features include:

1 Risk management features. A platform that enforces specific requirements before buying or selling can help reduce inactive, unreliable, or low-quality advertisements. Better yet, there should be a sophisticated order-matching logic to match users with trusted traders and verified merchants only, as well as risk management algorithms to monitor suspicious activity.

Some algorithms are even optimized to limit the trading activities of potential bad actors. In addition, withdrawal limits or delays can help to protect user funds.

2 Know Your Customer (KYC) protocols. P2P platforms with KYC protocols can help beginners find reliable trading partners by enforcing user identity verification. This allows beginners to conduct trades with verified merchants with a proven track record and reliable sources of funds.

3 Escrow services. Escrow services provide a safe way for buyers and sellers to exchange goods or assets. A trusted third party — typically the P2P platform — handles the exchange of funds between transacting parties to uphold safety and fair trading.

4 Customer support. While P2P trading usually functions with no middlemen, a P2P platform’s customer support team can intervene if a user faces problems with a trade.

5 Automated payment. New automated payment methods enable P2P platforms to automatically process the release of crypto held in escrow without manual intervention. Buyers can receive their newly purchased assets instantly and sellers don’t have to check each order payment or release assets manually.

6 Block feature. The block feature allows you to block suspicious users — if you’ve had an unpleasant experience with someone, you can block that user and prevent them from trading with you again.

Educational Post

What Are Some Common P2P Scams?

Fake proof of payment or SMS

Scammers may digitally alter receipts to convince you they have sent payment and trick you into releasing crypto to them. One example is the SMS scam where criminals forge a text message to notify the victim that they have received a payment. 

How to avoid this scam: As a seller, you should only approve the transaction after checking if the payment is already in your wallet or bank account.

Chargeback fraud

A bad actor may use a chargeback feature on their chosen payment platform to reverse their payment upon receiving your assets. In many cases, they try to pay via a third-party account. Some payment methods like checks and online wallets allow for easier chargeback requests.

How to avoid this scam: Do not accept payments from third-party accounts. If it happens, raise an appeal to the platform and initiate a refund to the buyer’s account.

Wrong transfer

As with chargeback fraud, a scammer may attempt to steal your assets by contacting their bank to report an erroneous transaction and requesting that it be reversed. Some scammers may even pressure you into not reporting the incident by using scare tactics, like warning you that selling cryptocurrency is illegal.

How to avoid this scam: Don’t be intimidated by scare tactics. Systematically gather evidence, such as screenshots, of your correspondence and transaction with the criminal. 

Educational Post

Is P2P Trading Safe?

As with any type of trading, P2P trading has its fair share of risks, which vary depending on the exchange and its safety measures. While older exchanges faced a higher risk of theft and scams, many newer P2P trading platforms have significantly improved their security measures.

A leading P2P exchange today, for instance, typically has an escrow service, regular security updates, and a stringent KYC (among other measures) to keep users safe. 

However, even with the appropriate safeguards, all trading activity comes with risks — and P2P trading is no exception.

Educational Post

What is Peer-to-Peer (P2P) trading?

Peer-to-peer (P2P) cryptocurrency trading entails buying and selling digital currencies without needing a third-party intermediary. P2P trading allows buyers and sellers to set their prices, select their trading partners, and decide when to transact. It also enables diligent and experienced traders to look for and take advantage of favorable trading conditions to suit their needs.

Crypto P2P marketplaces facilitate the direct exchange of cryptocurrencies between individual users. There is no central authority or third-party intermediary, thereby giving users more control over their funds and allowing them to protect their identity during transactions. 

Educational Post

A Broadening Triangle is a relatively rare triangle pattern which occurs when there is a lot of volatility in a market.

It is formed when the prices forge higher highs and lower lows consecutively.

On joining the highs and lows with lines, a diverging pattern is seen on the chart.  This pattern stands for high volatility and several false breakouts.

While forming, it is difficult to predict the actual breakout from the pattern because of the diverging nature.

More over the tendency and requirement of surpassing the previous highs in the formation of the pattern, is a reason why breakout traders face a lot of stoploss triggers , trapping bulls when the previous peak is breached and bears when the previous low is breached and then the price turns back and returns into the pattern.