🚀 ONG COIN — STILL LONG! BIG LONG!
Ontology ($ONG) is an older crypto asset that has been around for years and was listed on many exchanges back in 2023. While there haven’t been many major developments or catalysts recently, my focus right now is somewhere else: funding.
Yesterday, I mentioned that I was keeping this position open specifically because of the funding being collected every hour. So far, that strategy is still working.
⏰ The hourly funding hasn’t stopped.
💰 The position continues to generate funding income.
📈 That’s why I’m still holding the LONG.
For me, this trade isn’t only about waiting for a huge price move. The funding rate itself can become an important part of the strategy when it remains favorable for the position.
Of course, funding rates can change quickly, and a favorable funding environment is never guaranteed. Price volatility can also outweigh the funding income, so risk management remains essential.
For now, though, I’m staying with the position and continuing to monitor the funding closely.
ONG LONG — STILL ON. 🔥📊
#ONG #Ontology #ONT #Crypto #CryptoTrading #CryptoMarket #Trading #LongPosition #FundingRate #CryptoFunding #FuturesTrading #Altcoins #Bitcoin #BTC #Ethereum #ETH #Web3 #CryptoCommunity #TradingStrategy #DYOR
Ontology ($ONG) is an older crypto asset that has been around for years and was listed on many exchanges back in 2023. While there haven’t been many major developments or catalysts recently, my focus right now is somewhere else: funding.
Yesterday, I mentioned that I was keeping this position open specifically because of the funding being collected every hour. So far, that strategy is still working.
⏰ The hourly funding hasn’t stopped.
💰 The position continues to generate funding income.
📈 That’s why I’m still holding the LONG.
For me, this trade isn’t only about waiting for a huge price move. The funding rate itself can become an important part of the strategy when it remains favorable for the position.
Of course, funding rates can change quickly, and a favorable funding environment is never guaranteed. Price volatility can also outweigh the funding income, so risk management remains essential.
For now, though, I’m staying with the position and continuing to monitor the funding closely.
ONG LONG — STILL ON. 🔥📊
#ONG #Ontology #ONT #Crypto #CryptoTrading #CryptoMarket #Trading #LongPosition #FundingRate #CryptoFunding #FuturesTrading #Altcoins #Bitcoin #BTC #Ethereum #ETH #Web3 #CryptoCommunity #TradingStrategy #DYOR
