this is a damn scam, the entire ecosystem is. What #siren is doing is typical of a terrible scam, there is no decentralized anything, it is too much power in a few hands that are draining everyone who enters the project. This is not a "bear hunt", it does not withstand any analysis, the fundamentals do not even tickle it and only respond to the liquidity trap because the token holders control the pace. This is not an investment, it is suicide and only responds to FOMO. It is a clear psychological trap like water. This type of project kills the nature of the Crypto ecosystem, these types of projects should be banned but money rules and this, which should have an ethical protocol, allows anyone with a little money to create chaos among users. This is the last time I publish something, starting today I will use this that I just discovered to my advantage. This instead of being a promise is just a hole for those who have more and more. Let's use the system to our advantage, let's leave the false projects, promises, gurus, etc. aside and understand that here, what is sought, is to take the money from retail investors. We left the formal financial world to seek an opportunity but it is just another face of the birsatil system. I am getting off this train. Goodbye friends.
yes, only atrocious manipulation, much in few hands. The decentralized market more centralized than ever. Investments will have to be migrated to other bags, this is no longer a market it's a huge carrot for those seeking immediate wealth. There are better and happier ways to make money. This is not even speculation, it's a scam.
I don't know if you noticed, but lately, currencies have been tremendously manipulated. I'm not naive; I've been doing this for several years, but they don't even hide it; it's in plain sight. During the crypto winter, there were atrocities, but now, any little coin shoots up more than 500% in a matter of days and makes the opposite move in hours. Swing analysis is giving way to mandatory scalping because the longer you stay in the market, the greater the chance of being left with nothing.
Not long ago gold and silver entered Binance, before that they were only traded in Forex and during stock market hours. With this intrusion, it is possible to trade 24 hours a day, 7 days a week. They started to rise like never before and reached historic highs. The portals and news outlets around the world commented on it with great fanfare. And everyone began to enter without brakes. BTC competes with Gold and Silver as a store of value, therefore, when one falls the other rises. What a coincidence that one Saturday, when there is no trading, the currencies collapsed. But this time it was not just gold and silver, but BTC, ETH, XRP, SOL, and the entire crypto world.
Every day, the "crypto world saviors" come out with their academies, Telegram channels, signals, photos of extraordinary results, thousands of success stories, with their photos next to Lamborghinis or paradises in the background, with bots so your money can work and you don't have to do anything at all, with their photos in Italian suits or dressed like Bud Bunny...
I would like to know where all of them are with their miracle tonics now that the market has crashed, because if they also come out with their phrases "I told you so, I anticipated, etc., etc., it’s enough to close the Binance account and leave, because let me tell you something: NOBODY, ABSOLUTELY NOBODY COULD HAVE PREVENTED THIS. They have been announcing with great fanfare the correction to historical highs, that gold and silver are at historical maximum prices, that Sol this, that XRP that, and blah blah blah... the storm has passed and left no mortal standing... except for those who play quietly and win in silence. Why? Because the one who wins doesn't need to sell you anything, because the one who sells doesn't live off trading, they live off selling. Unless they are a chronic narcissist who gets excited knowing that everyone is watching and talking about him or her.
What has this revolution shown us? That nobody is prepared for this or knows what the market will do. This shows us a completely manipulated market, structured in such a way that the profits of the retail investors always go to the whales. If the coin is good, they kill it, but if it’s not good, it keeps rising. If you entered well and want to hold it, it turns around; if you entered according to your analysis, it turns around and if you want to bank on it, it ruins you, it eats up your margin and the commission leaves you with nothing. The one who sold you the bot and the SL didn't save you, they tell you that you programmed it wrong. To the one with the infallible signal, "it’s the first time it has failed..." To the Telegram channel guy who almost tells you he is a friend of God, you can’t find him to ask for explanations on why his strategy killed everyone.
In summary, EXPOSE THE FRAUDULENT SELLERS AND DON’T BUY ANYTHING FROM ANYONE.
After 5 years and trading coins, I continue to learn basic things that carelessness, psychology, and ego let slip away. Play quietly, play calmly, understanding that the result is not the end, but the pleasure of understanding that the strategy works but does not escape the whims and manipulations of the market. It was a tough week, extremely tough, and after 138 trades won in just 8, I almost went bankrupt. Thanks to time, thanks to the market, for the bad times. Today begins a new stage of my life in this world that brings so many joys and frustrations.
I watch in astonishment as this, which was once a beautiful decentralized market, becomes more and more centralized. If this is not manipulation, then what is it?
Jimg83
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The mysterious world of the funding rate In the world of cryptocurrencies, what you don't know is exactly what takes your money.
What is that Funding Rate? In "Perpetual" futures contracts (like RIVERUSDT), there is no expiration date. To ensure that the contract price does not stray too far from the actual market price of the asset (Spot), the exchange uses this payment system between users. What you see there (-1.30865%) is a negative funding rate and quite high. Here’s the trick: If the rate is POSITIVE: Those in "Long" (buyers) pay those in "Short" (sellers). If the rate is NEGATIVE: Those in "Short" (sellers) have to pay those in "Long" (buyers). That timer of 00:44:50 indicates that in less than 45 minutes the charge/payment will be made. If you open a Long (Buy): You would receive that 1.30% of your total position as a reward. If you open a Short (Sell): You would lose that 1.30% of your total position as a penalty. Note: A -1.3% every hour is a brutally high figure. Normally rates are 0.01%. This usually happens when there is a "short squeeze" or a lot of people betting that the coin will fall, and the exchange incentivizes people to buy to balance the market.
"As long as the funding rate is high and negative → DO NOT enter short. They will liquidate you mercilessly. 🚫💀 Why does this happen? Quick and clear explanation: When the funding rate is negative → shorts pay longs (every 8 hours normally). If it is very negative/highly negative (e.g., -0.05%, -0.1% or more), it means there are too many shorts in the market. Everyone is betting downwards, the price of perpetual futures is well below the spot → extreme bearish panic. In this situation: Longs (those who are long) receive constant money from shorts. This encourages more people to go long (because they are paid for holding it). The price starts to rise gradually (or suddenly) to attract more longs and balance. When the price rises → highly leveraged shorts get liquidated in cascade → brutal short squeeze. Each liquidation forces more buying → price rises faster → more liquidations → and thus it sweeps you if you're short. Brutal summary: High + negative funding rate = market overloaded with shorts → likely rebound/squeeze → shorts pay funding + get liquidated due to rising prices. Advice: Wait for the funding to become less negative (or turn positive) before going short. First, the weak longs get cleaned out (when funding is high and positive), then the prices really fall. Patience = survival in futures. 🪑☕ What do you think? Have you seen epic squeezes due to extreme negative funding? 🔥"
I don't know if you noticed, but short selling is becoming more complicated each time. These currencies break you at any mistake (or not).
Bezaleel77
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Be very careful with these coins, the new #pippin and many more that have existed, now is $RIVER leaving one to make the same strategy; to get people to go short and clearly many get caught, super high financing rates, playing with psychology "this coin is super high, so it makes the most sense to go short, and there you get trapped, so the most recommended thing is not to go long either, because they can also bring it down at will, but rather the best we can do is to leave this type of junk coins alone.
yesterday I entered 0.2170 short and won, I didn't close, it turned around, 6 times to my entry point and at 2 am it cleaned me out, from there it started to fall, it went to the underworld...
Daniel Morfa
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buy short at 0.88 and look at where the price is currently, do you think this missile will drop?, do you think I have a future of recovering the lost?
In these days I made a post writing about my strategy, I commented that that structure that made me win, at certain stages of the month also made me lose. Since Friday I've been dodging the loss in a way almost like a carom but today it finally caught me. For not wanting to exit with a 50% gain, I ended up losing a 500%. I failed in my trading, overtraded, didn't rest, and leveraged instead of accepting the loss. Then I re-entered and although I exited with a meager profit, I almost got cleaned out again. This shows that you can have 100 winning trades but seven careless ones, and one sweeps everything away. Today I learned fully that profit is profit and that due to my psychology, I cannot trade long (daily or monthly) I can only do scalping. Today after almost 48 hs awake, I had my first setback of the year. Great learning, great disappointment, and to start over. I have capital to trade but the blow was very hard. To breathe deeply and to rest now.
LAST WARNING BEFORE THE CRASH!! 🚨 $BERA is drawing the ugliest Wyckoff distribution I've seen in months. If you don't see the trap, the problem is you. I already have the trigger ready to short this to the ground.
was 2000 not enough? I don't know how much capital you have, but that's more than what a professional earns in a job in a month. I suggest a bit of sanity and humility when it comes to trading.
Willian Stuart
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I was $2,000 in profits two hours ago and now I am at a loss of $49.45 in $RIVER , but I stand firm because I believe it can reach $1 USD.
We would have to wait for a break. What doesn't convince me is the financing rate, where it either stays lateralizing or takes longer than necessary, it will gradually take you out.
Scalping Con Botas
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$GPS is bullish... and that's exactly what makes it dangerous now, folks. The price is not advancing, it's stalling, and when the market stalls, it's because it's counting who gets desperate first.
But here I leave the data just in case someone trades $GPS General trend: Bullish 4H trend: Bullish 1H trend: Bullish 5M trend: Lateral Best trade to take (scalping – window 2 to 3 hours): Wait Long trade if you want. Entry:0.00648 – 0.00652 (demand retest + supertrend 5M) Target(s): TP1: 0.00670 TP2: 0.00695 TP3: 0.00700 (major liquidity zone) Stop Loss: 0.00635 (invalidated below 5M structure and loss of demand)
Short trade Entry:0.00695 – 0.00705 (direct sweep of upper liquidity without acceptance) Target(s): TP1: 0.00670 TP2: 0.00650 Stop Loss: 0.00718 (acceptance above maximum and continuation).
Invalidation points so that later no one tells me that I didn't write them down.
Long Invalidated if it loses and accepts below 0.00635 in 5M. Reason: demand break + supertrend 5M + broken minor structure. If that happens, the long ceases to exist. It is not traded.
Short Invalidated if there is a close and acceptance above 0.00718. Reason: clean break of the upper liquidity zone, it is no longer a sweep, it is a continuation.
But don't be swayed by the shine, I entered all very very badly and the gains came from factors such as:
1- margin so that I don't get wiped out. 2- patience tested by bullets. 3- benevolence of I don't know what design of fate. 4- A brain resistant to frustration since the operations in which I did enter well, I ended up closing out of fear (around here it's said c@g@so...)
I feel like I am under galloping stress, so I might take a few days off from trading. To the night owls, I wish good results in your operations. #PLAYUSDT #QUSDT #LABUSDT #RPLUSDT
before trading, check the commission cost because it will start to fluctuate in a range and you will end up in the negative, stuck and losing balance. Here, nothing is free.
InfinityTradingColombia
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!!! I LOST more than I gained !!! The commissions made the operation unprofitable, things that happen in trading 😅, leave in the comments if the same happened to you 🚀