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Bitskwela πŸ‡΅πŸ‡­

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@bitskwela

πŸ’› Helping you own a piece of the internet
πŸ‡΅πŸ‡­ Web3 Edutech Company
🎯 Educate 110M Filipinos on Web3
πŸ’Ή PH, Asia, then the world
Philippines bitskwela.com Joined March 2022
306 Following 11K Followers 8.7K Posts

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Bitskwela πŸ‡΅πŸ‡­ Verified account @bitskwela
You’ve been asking us for the past few years, β€œhow do I trade?”
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So we’re opening the Bitskwela Trading Community.
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Bitskwela Circle 🟑
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Membership is FREE.
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Learn the fundamentals step by step
See how trading decisions are made
Ask questions without pressure
Get market context that makes sense
Receive weekly updates and market insights
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This is a learning environment first.
Understanding before execution.
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Join the community through the link below.πŸ‘‡
1 replies 2 reposts 7 likes 1.4K views View on X
Bitskwela πŸ‡΅πŸ‡­ Verified account @bitskwela
Before exploring crypto, it's important to know how to navigate the space safely. πŸ”

Understanding the platform you're using, recognizing common red flags, and knowing your rights are all part of becoming a more informed crypto user.

Whether you're just starting out or already familiar with digital assets, these reminders can help you make better decisions and protect yourself along the way.

Do your research, stay cautious, and never share your private keys or seed phrase.

#Bitskwela #Blockshoals
Bitskwela πŸ‡΅πŸ‡­ Verified account @bitskwela
The recent Binance security incident is a reminder to take another look at how you manage and protect your crypto. πŸ”

Here are a few things worth considering.

πŸ”ΈDiversify your assets.

Avoid putting all your crypto holdings into a single asset.

πŸ”ΈExplore DEXs.

Understand how decentralized exchanges work and the risks involved.

πŸ”ΈConsider personal or cold wallets.

Learn about self-custody and how to securely manage your own private keys.

πŸ”ΈAvoid relying on one platform.

Consider spreading your holdings across different storage options.

Remember, no platform or wallet is completely risk-free. Take time to understand your options before making any decisions.
Bitskwela πŸ‡΅πŸ‡­ Verified account @bitskwela
Crypto Term of the Day: Sandwich Attack πŸ₯ͺ

Ever noticed your crypto trade executing at a different price than expected?

One possible reason is a sandwich attack. This happens when someone places trades before and after yours to profit from the price movement, potentially leaving you with a worse deal.

While you can't always prevent it, setting reasonable slippage limits and being careful with low-liquidity tokens can help reduce your risk.

It's worth knowing what happens behind the scenes when you trade. πŸ’‘