What is a rug pull?

A “rug pull” is a term commonly used in the cryptocurrency and decentralized finance (DeFi) sectors to describe a type of scam where the developers of a cryptocurrency project abruptly withdraw their liquidity or sell a large amount of project tokens, thereby crashing the value and leaving other investors with worthless assets. This fraudulent activity […]

How do I use Fibonacci retracement in my technical analysis?

Applying Fibonacci retracement in technical analysis is a popular method used by traders to identify potential support and resistance levels based on previous market movements. Here’s how you can use Fibonacci retracement in your trading: By following these steps, you can integrate Fibonacci retracement into your technical analysis to make more informed trading decisions.

How do I recognize meme coin scam schemes?

Recognizing meme coin scam schemes can be tricky, but there are several red flags you can watch out for: By being vigilant and doing thorough research, you can avoid falling victim to meme coin scams. If in doubt, it’s always best to err on the side of caution and avoid investing in projects that seem […]