Let’s talk about average entry price.
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.
Honestly, I only learned this next point later: before adding to a position, calculate the resulting position size and new liquidation price. Don’t focus only on making the average entry price look better.
The coin mentioned in the discussion: $BTC , trading at 81790.71 (24h -0.82%).
Limiting the amount you can lose on any single trade to a small portion of your total funds matters more than guessing the perfect entry.
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.
Honestly, I only learned this next point later: before adding to a position, calculate the resulting position size and new liquidation price. Don’t focus only on making the average entry price look better.
The coin mentioned in the discussion: $BTC , trading at 81790.71 (24h -0.82%).
Limiting the amount you can lose on any single trade to a small portion of your total funds matters more than guessing the perfect entry.