🗒️ Today’s key takeaway: unrealized and realized P&L
With 10x leverage, a 5% price increase means a return of about 50% on a long position; conversely, a 5% price drop means a return of about −50%.
Funding fees are also a cost of holding a position, so the longer you hold, the more you need to factor them in.
A quick look: $BTC is quoted at 80941.06 (24h -1.28%).
Just my personal opinion, not a basis for trading.
With 10x leverage, a 5% price increase means a return of about 50% on a long position; conversely, a 5% price drop means a return of about −50%.
Funding fees are also a cost of holding a position, so the longer you hold, the more you need to factor them in.
A quick look: $BTC is quoted at 80941.06 (24h -1.28%).
Just my personal opinion, not a basis for trading.