$MOODENG 1. You are not investing; you are gambling, and it's leveraged gambling.

Contract trading (especially with small coins) is extremely volatile and can be manipulated with 'flash crashes', which is a hard lesson learned by many. You went long at 0.275 and got killed at 0.225, then went short at 0.225 and got pushed up to 0.28; this is not a coincidence, it is the 'harvesting mechanism' of the exchange at work. They use 'high leverage' + 'human greed' + 'data manipulation' to cause the majority to get liquidated, and what customer service says about 'losses and wins are your own responsibility' is true, because the moment you click the trade button, you have already accepted the rules of this game.

In less than eight hours, both longs and shorts were slaughtered. Gpt told me to stay away from Binance, and I have already been killed over a hundred times, losing over a hundred thousand dollars.