What is a Crypto P2P Triangle Scam? 💻

A P2P triangle scam is a fraud where a scammer uses you as a payment middleman. You think you are doing a normal P2P trade. The victim thinks they are buying a product. In reality, you are receiving money from the victim and sending crypto to the scammer.

How the scam works step by step 👇

1️⃣The scammer posts a fake product ad, for example an iPhone at a very low price.

2️⃣The victim agrees to buy and asks for payment details.

3️⃣The scammer goes to a P2P exchange and opens a buy order with you. Instead of paying you, the scammer gives the victim your bank details.

4️⃣The victim sends money to your bank account, believing it is payment for the product.

5️⃣You see the money, think it is from your P2P counterparty, and release crypto to the scammer.

6️⃣The scammer disappears. The victim gets no product. You are the one the bank or police calls, because your account received the money.

👉 How to avoid it: Only accept payments from accounts under the buyer’s verified name. If funds come from an unknown sender, don’t release crypto and contact support. Trade only with verified users who have long histories of trades and many completed orders ❗️

#FAQ

@CoinPost

There's a very rare chart pattern on the BTC/USD today. The price action is absolutely nasty 🤣

Bitcoin has been bleeding ever since the October 6 all time high. On the 1D chart the entire move has formed a clean falling wedge and both the daily and 4 hour RSI hit 30, which tells you the market is stretched and tired 😣

📉 The real driver is outside crypto. US tech stocks took a hit after traders started doubting a December rate cut and crypto moves almost one to one with big tech. When equities get punched in the face, Bitcoin usually flinches too.

So the only thing worth tracking here is relative strength. If BTC starts showing some life this weekend while stocks stay weak, it opens the door for a wedge breakout and maybe even another run at new highs.

If it keeps lagging and tech keeps sliding, then we might already be sitting at the front door of a proper crypto bear market and that story ends badly for nearly every altcoin on the board 🤔

Why You Should NEVER Trade When You’re Bored 🤨

Boredom trades are some of the most expensive trades you will ever make. When you are bored, you are not looking for good setups. You are looking for stimulation. That mindset pushes you into random positions, forcing trades, chasing noise, and convincing yourself that “something is better than nothing.” It never is.

🧠 Many traders lose money because they can’t sit still. When there is no clear direction, yet the urge to “do something” takes over. You open a position with no edge, no plan, and no real reason. Later you ask yourself why you even entered and start begging to break even.

🎮 This is also why videogames are pretty popular among many successful crypto traders I know. Games give their brain the stimulation it is looking for without putting money at risk.

They keep your hands off the exchange during hours when you feel restless and tempted to click buttons. Many traders would save a lot of money by simply distracting themselves instead of forcing a trade.

If you’re bored, step away, go outside, literally do anything that keeps you from opening positions you don’t actually believe in. Trust me, this will save you money ‼️

#FAQ

@CoinPost

JPMorgan thinks Bitcoin may have already hit its bottom around $94k. Their reasoning is simple. BTC rarely stays below its production cost, and that cost is currently estimated around $94k 🔍

They also say Bitcoin’s volatility relative to gold keeps falling, which points to a possible repricing toward $170k in 2026 if BTC continues to act like digital gold.

One of the biggest banks in the world is basically calling bottom and predicts 77% upside over the next year 🟠

@CoinPost

Everything you need to know about crypto influencers giving advice on what to do in this market, in one screenshot 😂

What is a Death Cross? ☠️

📉 A death cross happens when a short term moving average falls below a long term moving average. Traders usually watch the 50 day MA crossing under the 200 day MA. When that happens, it signals that momentum has shifted down and that sellers have control.

It does not guarantee a crash, but people believe it shows that the trend has weakened and that the market is no longer in an uptrend. Many big drawdowns in stocks and crypto started after a death cross appeared, which is why traders pay attention to it.

📆 Since 2023 we were in a bull market and death crosses have consistently signaled the market bottom after a correction.

However, it is impossible to say with certainty whether the same thing will happen this time. The death cross that appeared on the chart yesterday, may be similar to the one in January 2022, after which Bitcoin dropped by 68%.

Nobody knows what will happen and you should be read for anything 😨

#FAQ

@CoinPost

How key price support levels have held up over the last few weeks 😂

Eliyahu Weinstein got hit with 37 years in prison. This man is unbelievable 🤣

Back in 2013 he ran a real estate ponzi scheme that caused more than $200 million in losses, and got a 24-year sentence, then he got pardoned by Trump in 2021.

💰 A few months later he changed his name to “Mike Konig” and went right back to stealing money. This time, another $41 million gone before the feds caught on.

At this point he’s doing it for the love of the game...

@CoinPost

Bitcoin fell as low as $91,200, liquidating $540 million worth of longs BUT finally closing the CME gap that formed back in April 🤑

So, maybe now bulls will finally be able to catch their breath, and we'll see a recovery? What do you guys think? 🤔

Are you buying the dip? Or have you sold everything already? Are you waiting for the price to drop even more? 💬

Bitcoin has fallen 29% from its recent ATH and is trading near $90k. Meanwhile, El Salvador government is not wasting time and is buying the dip 💸

The President of El Salvador shared a screenshot of the country's BTC balance, showing that they bought $100 million worth of BTC today 🤑

The internet infrastructure firm Cloudflare was hit by an outage 🚨

X, Spotify, ChatGPT, and hundreds of other websites crashed because they all rely on Cloudflare.

People have also reported issues with Amazon Web Services, which has impacted some of the world's biggest sites 😐

It looks like some kind of coordinated attack on key parts of the global internet infrastructure

The short-term holder supply in profit or loss just hit the lowest level in Bitcoin’s entire history. Literally never been this deep in the red before 📉

This tells you one thing. Short-term holders are forced to capitulate while long-term holders keep absorbing supply.

🤔 Doesn’t mean the bottom is in, but this is the kind of extreme reading you usually only see near major trend reversals.

I bought a bit of BTC at $90k just in case

@CoinPost

Nvidia reports earnings in 8 hours and the entire market is holding its breath 😮

This single company is now so large that it is worth more than the 20 biggest companies in Europe combined.

🎮 When Nvidia moves, the whole US market moves with it and whatever happens in the US market drags the rest of the world along. That includes crypto.

Expect volatility! Also, the Fed minutes are scheduled for today, so we may get more info on December rate decision 🤔

@CoinPost

Bitcoin dropped below $90,000. It looks like Nvidia's earnings are not going to save the market 😢

I'm waiting for the end of November to see if the bulls will attempt to regain control. If things remain grim, it's over.

Are we actually in a bear market? What do you think? Share your thoughts in the comments 💬

Elon Musk says that if current trends in AI and robotics continue, money will become irrelevant in the future 😳

It's ironic to hear that from someone who recently negotiated a $1 trillion pay package for himself in the form of Tesla shares, lol 😂

@CoinPost

Inverted Charts and Why You Should Use Them 🙃

Does this chart look bullish to you? We closed above the weekly MA50, printed what looks like a strong reversal, and the trend structure screams continuation. So yeah, bullish!

But this is the Bitcoin weekly chart flipped upside down

🤔 If this looks bullish to your eyes, then on the real chart your brain is reading it as bearish. That’s why flipping charts is such a powerful trick. Bias blinds you. When you flip a chart, you see the structure for what it is instead of what you want it to be.

📈 It helps you judge trend strength and avoid forcing a narrative. If the upside-down version looks cleaner than the real chart, you might be leaning too hard one way.

📈 To try it yourself on TradingView, press Ctrl + I to flip the upside down.

#FAQ