The last attack on $LUNC and the $LUNA incident before it, etc. It showed us that all major stock exchanges abuse trust. Unfortunately, investors do not care; earnings are more important to them. The most important stage of this market is the "trust" we have in these exchanges. Yesterday, we watched with regret that our trust was abused. Despite our warnings, they intervened in abnormal sales very late.
I bought the newly listed $BURGER after making very little profit in my first years of entering the crypto exchange. I bought it considering that it was listed on Binance, it was new, it would rise again after a decline, and the supply was low. For this low-volume coin, they sold 1.5 million units in a single level, and this lasted for days, its price falling and falling. Even though I warned, no action was taken, that sale always remained at that level. This was actually a clear manipulation, their aim was not to sell but to reduce the price. They could have intervened if they wanted, but they didn't. It dropped from 28 dollars to 0.28 - like the x100#LUNAincident. Many so-called new listings and robberies "in line with the elite criteria of major stock exchanges" were made. In fact, there is no criterion for any of them, they just use our trust in them.
Make a bad and useless website, mine your crypto and launch it. If it works, get rich and don't worry about improving it again. 99% of the time it works like this. Even this started to be difficult for people, so#Memecoins came into play and it became even more effortless.#Binancestarted to list them arbitrarily again, I ask, what kind of criteria do you list? If you listed these, why don't you list the others?
In the near future you will see that this ponzi system does not work, because the market will reach saturation and big withdrawals will begin, it is already giving signals, in fact all #altcoinleri are following #BTC like unqualified/functional, most of them do not show an increase other than pump. .
They had great opportunities to develop this market, they could have really supported it and led to great technological developments, but they focused only on their immediate gains without thinking about the future, they listed more and more and damaged the system beyond repair. This greedy attitude will lead to their end, of course I don't think they care about that. For now, they are trying to get as much share of this cake as possible.
My last words of advice are: never trust this market, be cautious as if it will collapse at any moment. Just invest 5% of your investments in crypto, this will not upset you, if you are already a skilled investor, you can easily multiply this money in this market. Are you an impatient person or are you in a hurry, then at the right times, weighted short transactions on the futures side will provide you with a profit of 8x, you can take a small profit instantly. Go ahead, even 5-10% is enough. Your goal should be to make money, not to make a 100% increase instantly and brag... I tell my young and unemployed friends that if you say you will do this job by working full time, even a daily planned 2% profit will be enough to make you rich. Even an investment of $100 is enough to start, at the end of a year you will have $137,740. Do not underestimate it, do not take unnecessary risks.
Although this may seem like a bit of a reproach, it will be informative for new users. This market is no longer as rosy as it used to be, they don't even allow you to dream. It has turned into a wolf's land, scary and cruel.. you need to be very careful.😕
