Perpetual Trading Tip: Average Entry Price
Funding fees paid while holding a position also count as costs. The longer you hold, the more costs you need to make up for; funding fees received can offset some of them.
Adding to a long position below your average entry price lowers the average price, but also increases your position size, so a drop of the same magnitude will result in a larger loss.
By the way: $BTC Current price 82764.43, 24h -0.09%.
#BTC
Funding fees paid while holding a position also count as costs. The longer you hold, the more costs you need to make up for; funding fees received can offset some of them.
Adding to a long position below your average entry price lowers the average price, but also increases your position size, so a drop of the same magnitude will result in a larger loss.
By the way: $BTC Current price 82764.43, 24h -0.09%.
#BTC