I LOST 3,500% ON $ONG ! ALL THE FACTS
It’s been almost 20 days since I opened the position. For a long time almost 18 days the funding rate was 1 per hour.
So I earned the funding fee 24 times a day. For the past 2 days, it’s dropped back to 4-hour intervals.
So a pump could happen soon the situation has stabilized. We’ll see when I close the position whether I’ve earned more in funding fees than my loss so far.
I think we’ll see a pump by the end of the day, and I’ll have both earned funding fees and moved into the black.
WIN WIN! DYOR
It’s been almost 20 days since I opened the position. For a long time almost 18 days the funding rate was 1 per hour.
So I earned the funding fee 24 times a day. For the past 2 days, it’s dropped back to 4-hour intervals.
So a pump could happen soon the situation has stabilized. We’ll see when I close the position whether I’ve earned more in funding fees than my loss so far.
I think we’ll see a pump by the end of the day, and I’ll have both earned funding fees and moved into the black.
WIN WIN! DYOR
