Why is it not recommended to short #UMA $UMA ? #风险一号说热门币种
Just now, UMA settled the funding rate again, and its price did not adjust. For those who opened short positions, it was a loss of both the wife and the army. Here, Risk No. 1 gives the reasons for not recommending shorting UMA now:
1. Super high funding rate and super fast settlement frequency. The negative funding rate of up to 2, plus the settlement every 4 hours, if it is full every time, even if the price remains unchanged after opening short positions now, all positions will be deducted in 8 days, resulting in liquidation. But will UMA really not pull the market again?
2. UMA and $TRB belong to the same oracle sector, with the same low market value and high circulation, and it is relatively easy to control the market
3. The current market value of UMA is 342 million. The last time TRB pulled to more than 620, the market value was only about 2 billion. If UMA is the next TRB, brothers can quickly calculate how much UMA will be inserted.
4.UMA is very popular now, and will continue to attract short sellers to enter the market. Will the dealer let go of this piece of fat meat? Even if it falls, it is likely to kill the long sellers.
5. It is simply not recommended for everyone to play high-risk contracts. Behind every successful person's speech are thousands of silent losers.
Of course, if you are confident in your own skills, if you hold the opposite opinion, then I wish you make a lot of money.