My crypto investments for the upcoming Bull Run

I seek your advice, dear readers, for investing in crypto in the upcoming Bull Run

Hello, dear readers and loyal followers! Bitcoin has finally made its move, pulling along all the altcoins, and the greed index is at 69 as I write this article. Let’s briefly explain what the fear and greed index is in the crypto world.

Understanding the Fear and Greed Index

It’s a measurement on a scale of 0 to 100 that indicates whether potential investors are fearful of investing, in which case they avoid crypto, or if the index is on the greedy side, meaning investors are rushing in with their investments. It’s straightforward — when fear dominates, investments decline, and the more greed there is, the more investments surge, attracting new participants.

The Arrival of Crypto Spring

Finally, after a long and harsh crypto winter, we’re experiencing a shy crypto spring, and I hope the real, hot crypto summer, or the long-awaited Bull Run, is on its way. I wonder how this has caught you, dear readers. Are you prepared for this period? Have you invested in your favorite altcoins, or have you placed your bets on the old foxes of the crypto world, Bitcoin or perhaps Ethereum?

Diversifying the Portfolio: A Strategic Move

In my portfolio, I’ve diversified into various cryptocurrencies, but I still adhere to the old saying, which suggests allocating around 70–85% to Bitcoin, spreading the rest across altcoins. Here’s a rough breakdown of my portfolio:

A Peek Into My Portfolio:

Binance:

⦁ Bitcoin — — — 76.39%

⦁ Shiba Inu — — 9.83%

⦁ Ripple — — — — 5.67%

⦁ Polygon — — — 4.83%

⦁ Other — — — — — 3.28%

Coinbase:

⦁ Bitcoin — — — — — 91.55%

⦁ Render — — — — 2.30%

⦁ The Graph — — 1.53%

⦁ Hopr — — — — — — 1.35%

⦁ The Sandbox — 1.28%

⦁ Aleph.im — — — — 0.99%

⦁ Other — — — — — — 1.0%

BitYard:

⦁ Ripple XRP — — — 100%

Phemex:

⦁ YGG (Yield Guild Games) — — 100%

StormGain:

⦁ USDT — — 100% ready for investment

Seeking the right advice from you

Apart from these investments, I’ve set aside a small fund for such situations. Now, dear readers, I’m seeking your advice on investments. Please share your ideas and explain them in detail in the comments. If you offer advice, kindly provide a rationale for why I should invest in your suggested option. All suggestions are welcome, and I’ll thoroughly review each of them. Later, I’ll let you know where I’ve invested my small reserve, and together, we can see how it plays out and what the potential returns might be.

Please express all your suggestions in percentages!

I solemnly promise not to hold anyone responsible if the advice doesn’t turn out to be the absolute best, and if things go south, and I lose a part or all of the investment. I hope it doesn’t come to that, but if it does, it’s on my conscience, not the one who provided the advice.

Choosing the Right Exchange

In addition to seeking your advice on crypto investments, I’d also like your help in selecting a cryptocurrency exchange platform where I can execute my investments. You can choose one from the list I’ve mentioned earlier, where I already have stakes, or you can suggest something entirely new. However, for a new suggestion, please provide a compelling explanation and gain my trust in that exchange. Write all your ideas in the comments, and I’ll study them to make the best decision. Let’s embark on this grand crypto adventure together, and may the best suggestion prevail!

You can read this article and much more about crypto on the Medium or on Substack:

https://medium.com/@neo250477

https://neo77.substack.com/

Greetings and until my next article!

Neo77

Unraveling the Web of Deception: The WhatsApp Crypto Trap

 

Navigating the Shadows: Identifying Scammers Online

Hello, my dear readers and loyal followers! Have you ever received an offer on a social media platform that seemed so enticing you wondered if it could be legitimate?

Whether via Twitter, WhatsApp, or Telegram, many of you have likely been approached with proposals to invest in cryptocurrencies, promising wealth or returns significantly higher than your initial investment.

I’m sure this scenario has unfolded for many of you reading this. For those who haven’t experienced it, be prepared because it might happen to you too. So, open your eyes, sharpen your senses, and delve into this article, where I’ll recount my personal experience with a WhatsApp group that weaves a web of lies and scams, all in an attempt to con me out of several thousand dollars.

Staying Ahead of Cryptocurrency Scams: Lessons Learned

It was an ordinary afternoon, and I was deeply engrossed in writing a new article, lost in my own thoughts. Suddenly, my phone pinged with a message from WhatsApp. I glanced away from my screen, picked up the phone, and began reading the newly arrived message. As soon as I read it, a little warning bell rang in my head, but the message’s content was so intriguing and captivating that I disregarded my initial hesitation and couldn’t resist taking a closer look.

The message went something like this: “To celebrate Binance’s 6th anniversary, we’re hosting a grand giveaway. You, as a loyal Binance user, are invited to a special group dedicated to educating about cryptocurrencies and trading. To participate in the giveaway, you must join this group.” Out of pure curiosity, I joined, and that’s where my adventure began.

At first glance, everything seemed fine. The group bore Binance’s logo, and its administrators were all seemingly respectable individuals with titles. They identified themselves as Binance employees, with Mr. Jerry Z., a supposed Binance developer, and Ms. Nicola W., another apparent Binance employee, leading the group.

After several introductory messages during the first day, the group saw a sudden influx of members. By the second day, serious discussions regarding topics like DeFi, staking, lending, cryptocurrency trading, and various ways to earn from cryptocurrencies began. Everyone in the discussion seemed genuinely interested in what Jerry and Nicola presented. Their responses even made sense. Much of the content they shared consisted of authentic news from Binance or was related to Binance, all true and verifiable.

I lurked quietly, not revealing much about myself and cautiously exploring the terrain. Nowhere in the group was there any mention of requests for money, cryptocurrency investments, or any hints that they might want something from me. But, as you’ll soon see, the group was slowly crafting a web of lies and deception, disguising their intentions as well-meaning Binance staff there to educate, make us money, and offer entry into a giveaway promising substantial rewards.

After a few days of discussions and lessons, the conversation began to revolve more and more around DeFi liquidity mining. This topic eventually dominated all discussions. This started to raise suspicions, especially since Jerry Z. and Nicola W. didn’t have last names, and their profile pictures were avatars, whereas other participants had genuine images of real people.

Another oddity was the names of the group members. They were all Croatians, but some names didn’t match typical Croatian names and seemed unfamiliar to our region. Furthermore, the mobile numbers from which Jerry and Nicola had initiated the group were registered in Malta. These were significant red flags that couldn’t be ignored.

Avoiding Crypto Scams: A Guide to Protecting Your Investments

Equipped with these warning signs, I started investigating and performed a comprehensive DYOR (Do Your Own Research). This moment is crucial to emphasize that DYOR should be akin to the Holy Bible not only for crypto enthusiasts but for anyone involved in any form of investment, be it online or in the real world.

I did a Google search for “Binance Crypto Scams on WhatsApp,” and to my surprise, the search engine quickly returned the results I suspected. It turns out that a very common scam occurring via WhatsApp is precisely what was happening to me. Scammers impersonate Binance or other major companies’ employees, often posing as developers, as was the case here. They promise significant rewards for investments in crypto which was also true in this case, and then when the participants pay the money the fraudsters run away with it and shut down that group and profile on the social network. I also discovered that Binance is aware of this scam.

Playing a Dangerous Game: Baiting the Scammers

Armed with this knowledge, I returned to the group, pretending to be naive or even foolish, and continued to play their game. I’ll provide a brief summary of how it unfolded, as detailing every aspect would require writing a novel.

The Binance Impersonation Scam: A Closer Look

In essence, the scam revolved around the “Binance” team offering substantial rewards for joining their group and investing a minimum of $1,000 in DeFi liquidity mining. Of course, investments could go much higher, even up to $100,000. The more you invested, the more encouraged you were, as it increased your chances of winning their 6th-anniversary giveaway. They offered $100,000 for first place and smaller amounts for second and third places in the giveaway. However, you could only secure your spot in the giveaway if you were among the first to invest, and substantial sums were encouraged. They didn’t even mention rewards for investments between $1,000 and $10,000.

In addition to their fictitious Binance employees, the scammers operated numerous fake accounts, using real people’s images and names. These faux participants seemingly interacted with Binance’s employees in the group, all part of their attempt to lure unsuspecting victims into investing their life savings.

The Art of Deception: How the Scammers Operate

The scammers tried to convince me to invest my entire fortune using their tricks. Nicola assured me that she would guide me every step of the way and that there was nothing to fear, as this investment was secure. They even went to the extent of providing a real Trust Wallet link, urging me to deposit my crypto there because it was the safest option, with Binance guaranteeing it. However, the moment I deposited my crypto and attempted to access the investment pool, all my money vanished into thin air, along with Mr. Jerry, Ms. Nicola, and the entire crew of fraudsters.

Once I gathered sufficient information and concluded my investigation, I exited the group and reported it as a scam.

Staying Safe in a Digital World: A Final Word of Caution

This story serves as a stark reminder of the dangers lurking on the internet and social media. Learn from my experience and always approach any investment with caution. Perform thorough research, question everything, and remember: “If something seems too good to be true, it probably isn’t.”

If you found this tale intriguing, you might also want to read about how I lost crypto from my Metamask wallet due to haste and carelessness, learning from my experience about what you should NEVER do with digital wallets.

You can read this article and much more on Medium, or on Substack:

https://medium.com/@neo250477

https://neo77.substack.com/

Greetings and until my next article!

Neo77

Influence or not to influence! That is the question!

 

Introduction

Hello, my dear readers and loyal followers! As you can see from the cover image, today everyone can be an influencer and give predictions about everything. Literally, it has come to the point that grandmas from the market and wanderers from the park give their opinions about the fall or rise of the crypto market.

There are individuals who are willing to listen to any advice and invest everything they have in some project or cryptocurrency without thinking. The only thing that matters is the promise of huge overnight profits and easy earnings without any effort, and people dive headfirst into all kinds of investments without any prior knowledge or research.

A Glimpse into My Recent Metamask Mishap

It’s not without reason that it’s said never to invest more than you are willing to lose and to respect DYOR like the Holy Bible. These maxims are not invented for fun or amusement but are grounded in previous experience that was dearly paid for, often with hard-earned money disappearing in the blink of an eye!

Certainly, some of you readers have already experienced such an event, as I have, so those of you who have not lost money or crypto due to some scam, be educated by our experience and our story, and always be on guard.

I will share one recent experience I had with the Metamask digital wallet. I use several digital wallets, including Metamask for crypto transactions, but also for logging into various sites and participating in various Airdrops and Giveaways. Here I must mention a very important thing, if you use any digital wallet for logging in, Airdrop, or giveaway, NEVER use that wallet for crypto, only for the aforementioned things.

The Danger of Mixing Wallets

You must be wondering why. The answer is very simple! Because you are putting yourself in danger of someone emptying your wallet! You must be wondering how is that possible. Well, my dear readers, it is possible! That is exactly what happened to me! When I used my Metamask wallet only for storing crypto and for transactions, everything was fine, but when I used the same wallet to sign up for some Airdrop, my wallet was swept away in a few minutes, and I was left without my Ethereum. It wasn’t a large amount, it was about $35.00, but every scam hurts.

The Web of Deception

Where did I go wrong, and what should you learn from this? I broke my first rule and used a wallet that contained crypto, i.e., money, for signing up for suspicious things. In fact, I should have followed my own advice and used a completely empty wallet for signing up for anything like Airdrops, Giveaways, or any login to unknown sites, but due to haste and thoughtlessness, I made a mistake that I paid with money (crypto).

Proceeding with Caution

The internet is today full of all kinds of suspicious characters and suspicious projects that all promise quick money, but in reality, they lurk for you, your money, or your data. Yes, your data, because they are also money and are traded on the web.

Today, anyone with an internet connection and a computer or a slightly better mobile phone can be a forecaster, influencer, or someone trustworthy, because it is very difficult to distinguish who is on the other side when you start interacting with a stranger on the web.

A World of Deceptive Promises

Today, everyone offers forecasts, everyone knows everything, everyone has some secret information that no one else has, everyone knows secret systems that bring millions in a day, everyone knows how to make money online using secret procedures that only they have discovered, and EVERYONE, BUT EVERYONE, sells it to you very cheaply and below the price, just for you and only today, a few more minutes, and the opportunity will be missed. So buy quickly, invest, give the card number, give the PIN, open your digital wallet, QUICKLY, QUICKLY, because the opportunity is escaping!

Conclusion

Fraudsters and thieves use speed and your FOMO to deceive you and take away your hard-earned property, so when you enter something that requires you to invest money in any way, enter slowly and with a great deal of caution, research well about what it is, DYOR, and never, but never invest more than you are willing to lose.

You can read this article and much more on Medium or on Substack:

https://medium.com/@neo250477

https://neo77.substack.com/

Greetings and until my next article!

Neo77

Crypto Trading Unveiled: More Exciting Than a Rollercoaster Ride!

 

Hello there my dear readers and faithful followers! The day has come, the time is right, the prophets have spoken and the planets have aligned for today's article so I bring you the topic of the day and that is crypto trading in the Crypto World in a blockchain galaxy far, far away!

Buckle up because we’re about to dive into the wild world of crypto trading. Think of it as the most thrilling rollercoaster ride you’ll ever take but with a dash of financial wizardry. But don’t worry, we promise to keep it fun, friendly, and absolutely jargon-free. So, grab your helmets (figuratively), and let’s roll!

Understanding Crypto — A Quick Intro

First things first, what the heck is crypto? Imagine it as digital gold but with superpowers or something like Bitcoin is Superman, Ethereum is Ironman and Shiba Inu is a friendly neighborhood Spiderman. Cryptocurrencies are digital or virtual currencies that use cryptography for security. It’s like having a secret code for your money. No supervillain is getting past that, not even Lex Luthor holding a piece of kryptonite!

The Crypto Market — Where Dreams and Memes Collide

Crypto trading happens in a place called “exchanges.” It’s like the stock market but way more colorful and animated. And yes, memes are a legitimate currency here. Think of these exchanges as the bazaars of the crypto world, where traders (that’s you) buy and sell cryptos like they’re baseball cards. We have the grandpa of all exchanges Binance and young stud Coinbase and their eternal fight for dominance of the universe, but I let you decide who the winner will be!

Wallets — Not the Leather Kind

To get into crypto trading, you need a digital wallet. No, not the one you stuff with cash or credit cards. It’s a software or hardware tool that stores your cryptocurrencies safely. It’s like a high-tech piggy bank for your digital treasures. If you really want to know something about digital wallets just visit this article and you will read so much data about kinds of wallets that it will make your head spin.

Types of Cryptos — Spoiler: There Are Thousands

Here’s the fun part: there are thousands of cryptocurrencies out there. The big shot is Bitcoin, the original gangster. Then we have Ethereum, like Bitcoin’s cool cousin. And thousands of others, from Dogecoin (yes, the dog meme) to Shiba Inu (yes, the dog breed). It’s a real dog party out here! Who let the dogs out?!

Volatility — The Rollercoaster Feels

Crypto prices? They’re like a rollercoaster designed by Elon Musk — up, down, and then up again. You’ve got to have a strong stomach for this ride and keep your anti-nausea pills in your pocket. Prices can change faster than you decide on your pizza topping. So, always be prepared for surprises.

Trading Strategies — Where Art Meets Science

Now, the juicy part — how to trade. Alright, let’s unravel the exciting world of crypto trading and its various flavors! Picture this as a grand feast with a buffet of trading strategies.

• First up, we have the HODLers, the patient souls who cling to their crypto assets for dear life, weathering every market storm with unwavering faith.
• Then there are the day traders, the adrenaline junkies of the crypto realm, making lightning-fast decisions and riding the waves of price fluctuations. It’s like speed dating but with cryptocurrencies!
• Next, we meet the swing traders, the savvy strategists who capture the “swings” in market trends, playing the long and short games like seasoned pros. It’s like dancing to the beats of the crypto rhythm!
• And of course, let’s not forget the margin traders, the risk-takers who borrow funds to amplify their trading power. It’s like wielding a double-edged sword, doubling the gains or losses, depending on how the wind blows.
• Lastly, we have the algorithmic traders, the tech wizards who let algorithms and bots do the heavy lifting. It’s like having an army of robots working tirelessly to make you rich.

Each strategy has its quirks, thrills, and risks, much like different rides in an amusement park. So, pick your poison, buckle up, and enjoy the exhilarating ride through the exciting world of crypto trading!

Security — Keep Your Treasure Chest Locked

Since you’re the captain of your crypto ship, you need to be a cybersecurity ninja. Use strong passwords, activate two-factor authentication, and avoid shady websites and emails. Pirates of the internet are always lurking and because of that it would be wise to read my article on cyber security.

Conclusion — To the Moon and Beyond!

Crypto trading is like a thrilling game of chess with your money. It’s a wild ride, but it can be incredibly rewarding. So, stay curious, keep learning, and remember — the moon (or Mars) is the limit. Now, go out there and conquer the crypto universe, one trade at a time!

P.S. Don’t forget your helmet! 🚀💰😄

You can read this article and much more on Medium or on Substack:

https://medium.com/@neo250477

https://neo77.substack.com/

Greetings and until my next article!

Neo77

Bitcoin Mining: What Does It Mean for the Crypto Market?

 

Intro

Hello again my dear readers and faithful followers! We have covered many, many interesting crypto topics in our never-ending journey through the Crypto World and Blockchain Universe, but we didn’t cover the most important topic, the topic of all topics and that is crypto mining and Bitcoin mining. That is exactly the topic and the title of today's article and without further delay let's dive into my written word.

So, you’ve heard about Bitcoin mining, but you’re still scratching your head wondering what the heck it’s all about. Don’t worry, you’re not alone in this cosmic confusion. Let’s dive into the world of crypto mining and unearth its mysteries, shall we?

Unveiling the Crypto Treasure Hunt

Picture this: Bitcoin mining is like a wild treasure hunt in the digital realm. Instead of shovels and pickaxes, tech-savvy miners armed with powerful computers race to solve mind-boggling mathematical puzzles. The first one to crack the code gets the golden ticket — a fresh batch of Bitcoins! But wait, there’s more to this dazzling dance of algorithms and electricity.

The Mining Magic Unleashed

Beyond just creating new Bitcoins, this process also verifies and secures transactions on the blockchain. It’s like the watchdog of the crypto neighborhood, ensuring every transaction is legitimate and tamper-proof. Think of it as a digital Sherlock Holmes, sniffing out any sneaky cyber criminals trying to pull a fast one. Impressive, right? It’s not just about the gold; it’s about guarding the entire digital kingdom.

Energy-Eating Behemoth or Eco-Friendly Hero?

Now, let’s talk about the elephant in the room — energy consumption. Some naysayers claim Bitcoin mining chugs electricity like a thirsty elephant guzzling water. Sure, it’s energy-intensive, but the crypto community’s no slouch when it comes to green solutions. Many miners are now embracing renewable energy to soften their carbon footprint. Go, green crypto enthusiasts! It’s a race to the finish line between profits and sustainability.

The Halving Drama: A Crypto Soap Opera

Every four years, brace yourself for the halving drama. No, it’s not a cheesy romance show. It’s a pivotal event where the reward for mining new Bitcoins gets cut in half. Cue the suspenseful music! This can send shockwaves through the crypto market, impacting prices and leaving investors either giddy with joy or biting their nails in despair. It’s the ultimate crypto rollercoaster ride!

The Ever-Changing Crypto Landscape

Bitcoin mining doesn’t just affect the miners and their shiny virtual coins. Oh no, it’s like a ripple in a pond, creating waves that touch every corner of the crypto universe. From influencing market supply to fueling heated debates on energy usage, it’s a never-ending rollercoaster ride of excitement and anxiety. Hang on tight! It’s a whirlwind romance between technology and economics.

To Mine or Not to Mine? That Is the Question

Now, you might be pondering, should you jump into the mining game? Well, that’s a question for the ages, my friend. With the evolving complexities and competition in the crypto world, it’s not for the faint-hearted. But for the bold and the daring, it’s a thrilling adventure in the realm of digital gold. Are you ready to embark on the quest of a lifetime? The choice is yours!

So there you have it, the whimsical world of Bitcoin mining unveiled! It’s a quirky blend of innovation, energy concerns, and market dynamics — all wrapped up in the crypto cosmos. Whether you’re a curious cat or a seasoned crypto pro, understanding the mining madness adds a spark of magic to your crypto journey. Keep those virtual pickaxes swinging and may the digital force be with you!

You can read this article and much more on Medium or on Substack:

https://medium.com/@neo250477

https://neo77.substack.com/

Greetings and until my next article!

Neo77