$USDC This post is for anyone who is stuck in futures contracts
The following scheme is the liquidation centers that have occurred in just the last hour.
Pay attention to the currency $GUN, which is a new currency that was added on Binance. Most of the buy (Long) trades for this currency have been liquidated, so these remarks are for you:
💠 Any new currency that has been added on Binance this year has failed to reach its historical maximum again, and the reason is not only manipulation but also the fact that the timing of adding new currencies is the best time to sell and open short (Short) positions... Why did you open buy (Long) trades and are still stuck, wondering if the currency will rise again or not?!
I know a person here, not mentioning any names, who has been doing this for two years and still earns in only one way: by opening short (Short) trades on any currency added a few minutes later.
🪙 Note: The purpose of this post is to warn you about what is really happening to avoid any future losses and not to open buy (Long) trades on new currencies, and of course, my friends here know my position on futures and their harm.