MultiversX Tracker is Live!

Has anyone tried going long on BTC for months?

Bitcoin Reddit

More / Bitcoin Reddit 201 Views

I'm thinking of opening a long position on Bitcoin with 2x to 5x leverage and leave it open indefinitely.

But I'm concerned the funding rate will eat away my capital.

Has anyone tried this and what was the result?

Thanks in advance for sharing.

EDIT: My focus is on the impact of funding rate on an indefinite leveraged long or short position.

I understand the risks of leverage and trading and I have plans to keep my liquidation level very far and practically impossible to get margin-called even with a 30 flash crash.

Plus my question is mostly for research purposes. So please tell me what I need to know about the impact of daily funding rates on an indefinite leveraged long or short position.

Thanks ????

submitted by /u/CryptoSorted
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments