Binance Wallet is excited to introduce the Prediction Markets Trial Protection Campaign! Register and get up to 10 USDT in loss coverage on your first eligible prediction.
Competencia de Trading Gensyn: Opera Gensyn (AIGENSYN) y Comparte $200K en Recompensas (2026-05-07)
¡La Wallet de Binance está emocionada de lanzar la Competencia de Trading Gensyn en Binance Alpha! Durante los Períodos de Promoción, opera Gensyn (AIGENSYN) en tu Wallet de Binance (sin clave) o a través de Binance Alpha para recibir recompensas exclusivas en tokens. Cualquier usuario que sea elegible para operar tokens de Binance Alpha puede participar en esta competencia de trading.
Binance Upgrades Affiliate-Boosted Welcome Bonus: Offer Invitees Up to $19,800 worth of Rewards!
Binance is excited to announce a major upgrade to its Affiliate Program with the new Affiliate-Boosted Welcome Bonus. This enhancement features a revamped task structure and significantly increased rewards, allowing Affiliates to provide more attractive incentives to their invitees.
Notice of Removal of Spot Trading Pairs - 2026-05-08
Binance will remove and cease trading on the following spot trading pairs: - At 2026-05-08 03:00 (UTC): AVA/BTC, BCH/BNB, CFX/BTC, ENA/BTC, HBAR/FDUSD, LA/BNB, MAGIC/BTC, OP/BTC, PUNDIX/USDC, STEEM/ETH, WIN/TRX and XPL/FDUSD
The basic principle in trading is "Trend is your friend.
"From last night until this morning, I witnessed several Altcoins pumping extremely hard by following BTC's trend. However, instead of buying in or going long along with the trend or simply staying out if it looked too risky many people chose to heavily short these coins like $BABY, $LUNC, and even $GENIUS, which is currently very hot with 4x volume on Binance Alpha.
Their mindset is quite naive. They think the price is already high and "can't go any higher," so they keep shorting these coins, often without a stop-loss, resulting in blown accounts. Previously, RAVE sent countless shorters packing because it went straight from 0.5 to 28 USD. If you were short during that move, no amount of money could withstand it.
My principle is very simple: "Trend is your friend". Especially on charts where the RSI is hovering around 80 or even above 90 like $BABY right now you absolutely should not short.