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These days, the funding rates are a bit extreme again, and in the group, a bunch of people are shouting "attack the other side," but I’d rather pause first.
In the past, I would get itchy to hold my ground and think, if I don’t make money, I might as well.
Now, my mindset has shifted: making money doesn’t mean I should do it now.
When volatility is too loud, I’d rather hide in the corner and reduce my position until the emotions settle down.
It’s also a bit like the recent complaints about pledging and shared security being called “copycat,”
the compounded returns look tempting, but the more I stack, the less secure it feels…
Honestly, when the rates are extreme, I care more about what I’m actually earning—
is it risk compensation or just gambling on others going crazier?
Occasionally, I’ll lightly do some counter-trades, but only in sizes I can sleep peacefully with,
the rest I just consider missed opportunities, and that’s it for now.