《ALPHA Aerospace Forces》 Real Challenge!

Challenge 800U to earn 80000U!

Day twenty-six!

Currently shorting seven tokens: $VIRUAL $SOLV $1000000BOB $PORT3 $HYPE $BID $BANANAS31

Three long positions: $NEWT $H $OL

Initial capital 800U, margin of one hundred coins U per token (with additional positions depending on the situation) three to five times leverage!

Current profit: 2900U,

Unrealized profit and loss: 230U

Experiences and Lessons:

1. I closed the long position on $SAHARA, made money on the funding rate, but lost 30U on the position. After the funding rate dropped, I closed it. I saw some comments where people followed along, which made me feel guilty. There are many people in the Binance Square asking me to open copy trading, but I haven't because my trading skills still need to be honed; I am not qualified to start copy trading!

2. The long position on $H was because there were too many short positions, and the funding rate had reached the maximum. If the funding rate stays at the maximum for four hours, it will turn into one hour per song, so I bet it would explode on the shorts!

3. I didn't take profit on $1000000BOB, which earned 260U; I should have taken profit! Take profit!

4. I placed a long order at 0.0078 for $DMC but didn't catch it; it shot up immediately after. Don't short this coin now; it's too volatile and can explode at any time!

5. If the funding rate for $BANANAS31 suddenly rises, I will cut losses. Yesterday I took profit on $KAIA and closed $SPK #合约 #合约挑战 #实盘挑战 #BinanceAlpha