โ Guys, this is how traders get silently trapped. โ
The guy posted a confident LONG call at
$BIFI a $4.75, backed by a strong bounce and a SEC headline. On the surface, it sounds convincing. The problem starts when you check the actual data.
๐ธ Current price of BIFI: around ~$330
๐ธ Last 24h: the price never dropped below $100
๐ธ At the time of his post (โ6h ago): the price was near ~$480
๐ธ Shocking part: BIFI doesnโt even have a futures/margin trading pair
This wasnโt volatility.
This wasnโt liquidity games.
This was a decimal error.
๐ธ $475 became $4.75
๐ธ One point changed the entire idea of the trade
๐ธ The entry price never existed on the chart
Since margin trading has already been eliminated, this is just spot.
But even in spot, anyone who buys near the hype zone is already at a loss after the price dropped from ~$480 to ~$330.
๐ And hereโs the real risk:
๐ธ BIFI is under the Monitoring Label
๐ธ The Monitoring Label means Binance can announce delisting at any moment
๐ธ Liquidity can dry up instantly, exits become chaotic
This makes holding or buying on dips even more dangerous.
Thatโs Error
#1: ๐ธ Posting price levels that never existed
And Error #2 (worse):
๐ธ Suggesting trades on a token under the Monitoring Label, only spot, with the risk of delisting over it
๐ Yes, the warning is there โ that part is good.
But a warning doesnโt correct incorrect numbers or a bad trading context.
๐ธ Check the price history
๐ธ Check the decimals
๐ธ Check if futures even exist
๐ธ Check the token labels
One incorrect point + one bad assumption is enough to ruin an account.
Keep thinking.