Cake spot hasn't been bought for long and has already risen again. The original plan was to hold long-term. The 1.834 spot has been cleared, probably not much profit. It's just that the mainstream hasn't risen, and now that there's an independent surge, there will definitely be a pullback. I'll buy back at lower points.
I mentioned yesterday that I re-entered this coin's bottom with spot, but I advise against following. This coin hasn't yet broken out of the market trend. I bought 1000U and left it there, considering that in extreme market conditions, it might drop to 1.1, so I used spot to buy. Standard fee for holding a 1x contract position for more than 4.3 days will be higher than the fee for directly buying spot. For long-term holding, using spot is better. For example, holding a 1x contract for a year incurs a 10% annualized funding fee.
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Cake spot hasn't been bought for long and has already risen again. The original plan was to hold long-term. The 1.834 spot has been cleared, probably not much profit. It's just that the mainstream hasn't risen, and now that there's an independent surge, there will definitely be a pullback. I'll buy back at lower points.
Standard fee for holding a 1x contract position for more than 4.3 days will be higher than the fee for directly buying spot. For long-term holding, using spot is better. For example, holding a 1x contract for a year incurs a 10% annualized funding fee.