Lesson learned: don't try to trade manipulated coins

I've made the mistake to try shorting BNB. The setup was looking concrete strong and the price was moving in my desired direction. However I've forgot something very important. The media power of Binance... CZ is one of the biggest CT heroes and whenever Binance announce something the price goes upwards. The last thing was about the IEO and the mechanism of participating. What Binance have come with is a lottery in which the participation is made regarding the amount of BNB tokens that were held during the last 20 days. Just to inform you: this type of artificial pumps usually don't end well. I'm not even salty but now I'm concerned about the crypto space because this won't end well. One of the conclusions can be that we haven't seen the bottom yet. Another one is that you have to be very cautious with BNB, one day Binance's team tricks in the sleeve will end and the coin will probably dump. Currently the use cases are only related to the exchange and sooner or later the exchange will lose it's glory ( Just like polo and trex ). I expect Binance to announce margin trading and BNB will surely be the only way you can operate with the contracts.

Trade safe!