LAB is completely opposite to BTC. Yesterday, I went long on LAB and got stopped out. At 10 PM, BTC reached 6220 and I started shorting BTC. Then BTC began to drop, and LAB started to rise. I immediately went long. As it kept rising, I set a stop-profit and stop-loss and went to sleep. When I woke up, I saw that it had made up to 20%, recovering my previous losses. The key is that the funding fee is so satisfying to collect—once an hour. I roughly calculated that if the funding rate stays the same, in 12 hours I could double my position. Then I closed half to recover my previous losses first, leaving the rest to do whatever—at least I'm not losing money, and I'm collecting funding fees left and right. So satisfying!

This is what it feels like when the contract direction is correct—really satisfying, making money and collecting funding fees. Of course, I've been on the wrong side before, losing money and paying funding fees, and my account got wiped out in no time. The most memorable one is LA
$BTC ‌$LAB ‌$LA ‌