Interestingly , many traders stopped trading on Binance since last couple of days and probably have moved away from Crypto market as well..
I am not against any corrections or fluctuations, which are necessary before the up-trend - However, the corrections should make sense and not affect the entire crypto market.
Already binance have only a few crypto coins on their exchange and 99% of them going on correction the very same day ... It is just hurting the entire Crypto market!
Very Unfortunate and in my opinion gave extremely negative impression of the over-all crypto market..
There is no stability, these assets have no real value and completely depend on the manipulation of the riches/whales and the exchanges.
Therefore, I'd suggest the new traders to avoid trading now in high volatility - 99% of the time exchanges will hit you bad!!
And since last 1 month- the manipulation has been on height, especially on Binance exchange -- I have all the proofs available in a video -- Incase anyone needs to have a look or if Binance wants to reach out to discuss this, I am open to it!
What a shame this last month has bought to the Crypto industry which was expected to boom! 0% stability , 0% consistency and 0% market value and probably 0% traders in future!
They even changed their algorithms and graphs illustrations to hit the traders bad ! In the last 1 week or so Binance did not follow any trend or any graphs -- It didn't even follow the supports and resistances properly ... One candle breaks it , other candle re-breaks it.. so you can never be sure!
Big Shame once again on the Crypto market and especially how Binance manipulates the prices ..
One major example would be TAO price... It went upto $1200 on binance, whereas on other exchanges never crossed $800 ..That is $400 price manipulation for just ONE CRYPTO !
What are your thoughts #traders #trading #crypto #SafeTrades