These days, I've noticed the funding rates are starting to become extreme again, and in the group, a bunch of people are shouting "Get in and take the opposite side,"


I've already reached for the open position button but pulled back... Honestly, I'm more afraid of being whipped back and forth, earning a little fee isn't enough to cover a sudden explosion.
Later I thought it was pretty funny, I can list out tasks for earning points down to the minute, but trading relies entirely on emotion.

My current approach is a bit cowardly: if the rate is too outrageous, I reduce leverage or even go completely flat,
If I really want to participate, I only take small positions to hedge, so I don't let volatility blow up my mindset.
Recently, hardware wallets are out of stock, and there are a bunch of phishing links flying everywhere,
It feels like the more volatile the market gets, the easier it is to slip up.
I'd rather earn less, at least to avoid being double broken by "clicking the wrong link + making the wrong trade."
That's how I'll do it for now.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned