This $PIPPIN position is really giving me a headache—I've been holding on for a full 5 days now. What's worst is that the funding rate keeps bleeding me dry. Just in the past few days, I've lost several thousand just on fees, and right now, my funding losses are even bigger than my unrealized losses.
I honestly don't know what to do—should I keep holding and wait for a rebound, or just cut my losses and accept the defeat? Has anyone else been in a similar situation? Any advice? Holding a contract position is pure agony.
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Whkaaa
· 12h ago
I've already lost 300u in my ant-sized positions. I can't hold on anymore and have to close them out. I don't dare to touch it again.
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800WarGod
· 12h ago
Holding onto losing positions is unwise. How many market opportunities do you feel you've missed in the past few days?
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800WarGod
· 12h ago
Cut losses, do swing trading
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MemeTokenGenius
· 12h ago
There are no fees left to cover, so what's the point of holding on? This is what real capitulation looks like.
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AirdropF5Bro
· 12h ago
Fees kill positions; this thing is truly ruthless.
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HodlOrRegret
· 12h ago
The fees eaten up are even more than the drop in value. This is just ridiculous. We need to make a decision quickly.
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EarnEnough100,000USDT
· 12h ago
You can stop the loss now. It might go back up again. These past few days of holding were for nothing. This coin is acting abnormally.
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LadderToolGuy
· 12h ago
The fees hurt even more than unrealized losses; that's the deadly curse of contracts.
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Rainy
· 12h ago
Why does going long earn funding fees?
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GodOfWealth
· 12h ago
Just go long, you earn profits and also receive funding fees.
This $PIPPIN position is really giving me a headache—I've been holding on for a full 5 days now. What's worst is that the funding rate keeps bleeding me dry. Just in the past few days, I've lost several thousand just on fees, and right now, my funding losses are even bigger than my unrealized losses.
I honestly don't know what to do—should I keep holding and wait for a rebound, or just cut my losses and accept the defeat? Has anyone else been in a similar situation? Any advice? Holding a contract position is pure agony.