Calculate the position cost: $MINA current rate, roughly equivalent to an annualized figure.
That is, when holding a short position, each settlement time you are paying the longs. The longer you hold the short, the more passive you become. Once the market can’t fall further, short-covering will push prices up.
Be mindful of leverage risk.
That is, when holding a short position, each settlement time you are paying the longs. The longer you hold the short, the more passive you become. Once the market can’t fall further, short-covering will push prices up.
Be mindful of leverage risk.