Crypto tip 📚 Average entry price
Reducing your position generally doesn’t affect the average entry price of your remaining position, but adding to it will change the average.
Funding fees paid while holding a position also count as costs. The longer you hold, the more costs you need to cover; funding fees received can offset some of them.
Don’t laugh—I only learned this after taking a loss myself.
Back to the charts: $BTC is quoted at 82510.62, up 0.97% over 24 hours.
#BTC
This is not financial advice. Make your own trading decisions.
Reducing your position generally doesn’t affect the average entry price of your remaining position, but adding to it will change the average.
Funding fees paid while holding a position also count as costs. The longer you hold, the more costs you need to cover; funding fees received can offset some of them.
Don’t laugh—I only learned this after taking a loss myself.
Back to the charts: $BTC is quoted at 82510.62, up 0.97% over 24 hours.
#BTC
This is not financial advice. Make your own trading decisions.