The operation on Binance Futures just now really left me stunned! This downtime lasted a total of 21 minutes, and I was about to go crazy.
The first 18 minutes were the most critical, as I couldn't place any trades at all, and even the candlestick chart wasn’t updating. I just watched the market stuck there and not moving. At that time, I was still wondering whether to buy the dip, but I couldn’t get in at all. This situation was really speechless.
The last 3 minutes were a gradual recovery process, but the candlestick fluctuations were extremely chaotic! I suspect the market makers' APIs were also having issues, making it impossible to guide the coin price normally, so the prices were jumping all over the place. I didn’t dare to get in easily, fearing that I would chase the high and get trapped.
But now it has finally returned to normal, and that 21 minutes was truly torturous. Indeed, it's understandable for such a large platform to occasionally have technical failures, but for us traders, every minute is money! Especially when there’s a big market movement, such downtimes are really deadly.
Fortunately, everything is back on track now, and normal trading can resume. This experience made me realize even more that I cannot put all my eggs in one basket; it's really necessary to have multiple platform accounts prepared.
$KOGE
