$SEI dapp @OverHerdXYZ flipped Chingari in UAW, which | abdirahmaan ali on Binance Square

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abdirahmaan ali

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$SEI  dapp @OverHerdXYZ flipped Chingari in UAW, which raised $15.9M in funding at a $500M valuation 🤯
Builders building on @SeiNetwork   🫡

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#ShareYourTrades $SEI ✔️

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#TradingMistakes101 Every crypto trader makes mistakes, especially in the beginning. One of the most common mistakes is trading based on emotions—buying when prices are pumping due to FOMO, or selling in panic when prices dip. Another big mistake is ignoring risk management. Without using stop-loss orders, you risk losing your entire investment in a single move. Overtrading is also a dangerous habit. Some traders jump in and out of trades too often, chasing quick profits without a solid strategy. This usually leads to losses due to fees and poor decisions. Beginners also tend to invest too much in one coin or follow hype without doing proper research. To avoid these mistakes, always have a plan, set your entry and exit points, and never risk money you can't afford to lose. Patience and discipline win in the long run.

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#CryptoFees101 Understanding crypto fees is a must for every trader. These fees can reduce your profits if you're not careful. There are mainly three types of fees: trading fees, withdrawal fees, and deposit fees (which are rare nowadays). Trading fees are charged when you buy or sell crypto on an exchange. They are usually a small percentage like 0.1%, but they add up quickly with high volume. Some platforms reduce fees if you use their native token—like using BNB on Binance. You should also understand the difference between maker and taker fees. Makers usually pay lower fees because they provide liquidity. Before making a trade or transferring your crypto, always check the fee schedule. A smart trader always includes fees in their strategy. Remember, even 1% saved on fees is extra profit earned.

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#CryptoSecurity101 Crypto security is the foundation of safe trading and investing. If your account isn’t secure, it doesn’t matter how good your trades are—you could lose everything in seconds. The first step is to always enable Two-Factor Authentication (2FA), preferably using an app like Google Authenticator instead of SMS. Avoid using the same password across multiple platforms, and never click on suspicious links, especially those from unknown DMs or emails pretending to be support. Most scams start with simple social engineering tactics, so always verify before taking action. Be cautious with airdrops, giveaways, and new projects. If something sounds too good to be true, it usually is. Use hardware wallets if you’re holding large amounts of crypto. And finally, stay updated—threats evolve fast in the crypto space. #CryptoSecurity101

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