Trading volume and open interest—what exactly is the difference?
An increase in open interest only means that more positions have been opened in contracts. It doesn’t tell you whether bulls or bears have the upper hand, since every new position has someone going long and someone going short.
Back then, not understanding this cost me enough money to pay for several hot pot meals.
When you see a project claiming to offer stable, high returns, be extra skeptical.
$BTC 81630.39（-0.75%）
An increase in open interest only means that more positions have been opened in contracts. It doesn’t tell you whether bulls or bears have the upper hand, since every new position has someone going long and someone going short.
Back then, not understanding this cost me enough money to pay for several hot pot meals.
When you see a project claiming to offer stable, high returns, be extra skeptical.
$BTC 81630.39（-0.75%）