🔥 DAY 10 OF MY $ONG LONG GOING — AND IT IS GETTING INTERESTING 👀
10 days ago I have opened a LONG on $ONG .
I still hold my position as the funding rate has been exceptionally steady around the 1-hour cycle — meaning my position keeps earning funding fees as $ONG has been mostly sideways.
In the span of 10 days:
⏱️ 24 funding intervals/day
📅 10 days
💰 240 funding payments
So far, so good. Even though the price has not gone anywhere significant, my position has been yielding another source of profit.
Now, let's talk about what I am interested in witnessing at this point of the trade 👇
What would you do if $ONG were to finally break out of the box (sideways movement)?
If the price were to go up while the funding structure would favor LONGs — the trade would become really interesting.
The most important thing to learn from this experience is that crypto trading is not necessarily about LONG or SHORT.
Sometimes it is about learning to read:
📊 Price action
💰 Funding rates
📈 Volumes
⚠️ Leverage and liquidation
The market will often reward you for patience — but only if you know what risks you are taking.
Would you hold your position through sideways movement?
🟢 Yes — accumulation
🟡 Wait for breakout
🔴 Too risky
What are your thoughts on $ONG? 👇
#Ong #crypto #Binance #trading #FundingRate #altcoins
10 days ago I have opened a LONG on $ONG .
I still hold my position as the funding rate has been exceptionally steady around the 1-hour cycle — meaning my position keeps earning funding fees as $ONG has been mostly sideways.
In the span of 10 days:
⏱️ 24 funding intervals/day
📅 10 days
💰 240 funding payments
So far, so good. Even though the price has not gone anywhere significant, my position has been yielding another source of profit.
Now, let's talk about what I am interested in witnessing at this point of the trade 👇
What would you do if $ONG were to finally break out of the box (sideways movement)?
If the price were to go up while the funding structure would favor LONGs — the trade would become really interesting.
The most important thing to learn from this experience is that crypto trading is not necessarily about LONG or SHORT.
Sometimes it is about learning to read:
📊 Price action
💰 Funding rates
📈 Volumes
⚠️ Leverage and liquidation
The market will often reward you for patience — but only if you know what risks you are taking.
Would you hold your position through sideways movement?
🟢 Yes — accumulation
🟡 Wait for breakout
🔴 Too risky
What are your thoughts on $ONG? 👇
#Ong #crypto #Binance #trading #FundingRate #altcoins