Is a bull season coming? 🐂
I think #Bitcoin will hit the $62K–65K support zone in the mid term and then we'll get a bull season.
It might not be like 2021 but a solid bull run could be waiting for us.
as always nfa, dyor
I’m the kind of guy who holds perp positions for a few days and what tires me out is usually the funding fee coming out of my account every 1, 4 or 8 hours.. 😂
Even when I’m in profit, those small payments keep quietly adding up and at the end of the week you look and part of your profit just went to funding
@grvt_io's upcoming Stable Funding Perps will probably be a perfect fit for me cuz I’ll pay funding once a day, not a few times a day.
It kinda looks like a normal product but if you hold positions for days, knowing when and how much you’ll pay just makes way more sense
Of course it’s not only about funding. With a thin order book you get slippage on a bigger order and that difference comes out of your pocket just like funding does.
Without deep liquidity and clean execution, no matter how much you fix funding, it still feels half done to me.
For scalpers maybe it won’t change much but for people holding longer, so people like me, it’s a smart thing.. Gonna try it when it launches
No more 1, 4 or 8-hourly funding.
No more thin order books.
No more paying up for size.
Stable Funding Perps. Coming soon to Grvt.
Here’s how it works, in 4 slides 👇
Set up your account today: https://t.co/fSIs7tfwYk