Mbaku 🔺🃏

#gambler || Cypto || NFT || degen || $SOL |

[Mbaku 🔺🃏 @mbakuinSol]

Bro I’m a Degen
I work for my bag
I’m not a caller
I see a runner
I ape
I shill in tg’s
I pay for stuffs to get eyes
I’m no dev
I don’t wait for negros to pump my bags.

[your boy Armani 🫂 @armanifeante]

The retardios are a guy building sniper bots from scratch just to be millisecond faster than the bot of another retardio

In crypto, retardios are guys that can solve 3 variable linear regression equations in their head

In crypto, retardios are guys with amazingly high iQ but socially awkward

Retardio in the normie world does not mean the same in the crypto world.

Don’t get it twisted.

[Maison Ghost @MaisonGhost]

lifemaxxing

forever grateful 🙏🏽

[Dehkunle 🧸 @Dehkunle]

Most people only respect risk after it pays.

Before that, they call it gambling, delusion, irresponsibility, luck.

Then suddenly they want the blueprint.

[Dollar Bill @j_edd19]

obsessed today, nonchalant tomorrow
no be you go see finish

[Mbaku 🔺🃏 @mbakuinSol]

i stopped learning, but guess who’s back

[Xeusthegreat (♟,♟) @SamuelXeus]

He shorted the exact top of $RAVE but still ended in a loss, how does this happen?

@meekdonald, a student I am actually proud of made a mistake I think a lot of people make and paid a massive price for it

Although it’s sad, I have decided to use this avenue to help you all never fall for this error again

First, what are funding rates?

Funding rate is the price paid every few hours by traders to other traders to prevent the perpetual futures price from drifting away from the token spot price

Think of it like a toll. If too many people are driving in one direction, they pay a
fee. That fee goes directly to the people driving the other way

So what exactly happened with $RAVE?

$RAVE is the token for RaveDAO that was trading at 0.25 earlier this month, then the price ran to an all-time high of $19.54. That is a 6,000% gain in one week. Everyone will definitely start paying attention at this point

The issue came when RAVE didn’t stop pumping, which meant the token accumulated so many shorts at the ATH that the funding rate flipped negative

- Positive funding rate meant you get paid if you are on a short

- Negative funding rate meant you get paid if you are on a long

If you have being following, you’d realize the fee comes from the opposite team

For Positive funding rate, the long gets to pay the shorts

For Negative funding rates, the shorts gets to pay the longs

@meekdonald who was lucky enough to short very close to the ATH, did so when the funding rate was at -2%

I’d explain 👇🏾

With a leverage of 100x, an $100 position is valued at $10,000 and with a -2% funding rate, he is to pay $200 every 8 hours which is more than his margin size

With his first funding rate payment, he is already in a 200% loss which obviously continues.

So what’s the way forward?

Before you enter a token that is running wild, make sure you check the funding rate

Most exchanges show it directly on the trading screen. Here is where to look:

On the futures trading page:
• Binance: top of the chart near the price, shows current rate and a countdown timer to next payment
• Bybit: same, right next to the mark price
• Hyperliquid: visible on the trading interface near your position
• OKX: shown in the contract details section

It usually looks something like this:
Funding Rate: -1.37% | Next funding: 04:32:17

That countdown tells you exactly how long until the next payment gets taken or received.

Third party sites if you want to compare across exchanges:

• Coinglass - shows funding rates for the same token across all exchanges side by side

The key things to check before entering a trade:
1) What is the current rate
2) How long until the next payment
3) Is it positive or negative
4) How long do you plan to hold versus how many payments that means

If the rate was extreme like RAVE was, even checking it once before entering would have told you this trade has a very short survival window

Now you know. Tell me thank you 😁🫵🏾

[KHAN'✨ @khanofkhans11_]

This is the best life hack 🧎‍♂️

[Mbaku 🔺🃏 @mbakuinSol]

@patrykrx guide

[Mbaku 🔺🃏 @mbakuinSol]

everyone keeps talking about taking risks but never the psychological breakdown you get after you don’t get your desired outcome

[Hate🎖️ @hate_ofx]

It’s either you take the risk, or work for somebody who did.

[Aesthetic.Guyy @Aestheticswallz]

Isaiah 60:22

[Mbaku 🔺🃏 @mbakuinSol]

@moonpay hope i’m not late to the party 🫣

[MoonPay 🟣 @moonpay]

💰 $2,500 BITCOIN GIVEAWAY 💰

5 winners get $500 in Bitcoin each on March 31.

To enter:

1️⃣ Follow @moonpay
2️⃣ Like this post
3️⃣ RT to spread the love

p.s. if we hit 300K followers before March 31, we’ll add another $1,000.

Reply if you want to get MoonPaid 👇

[duck @ExtremeBlitz__]

realizing how much money I would’ve saved if I wasnt a fucking idiot

[Never Goon @nevergoon100]

sorry i ghosted you, i gambled away generational wealth and isolated. but wassup?

[autist @litteralyme0]

Average male mentality:
-cutting people off
-not picking up calls
-disappearing constantly
-delusional
-not communicating

[Reads with Ravi @readswithravi]

“If you don’t fail, you’re not even trying.”

— Denzel Washington

[Mbaku 🔺🃏 @mbakuinSol]

Lord put me in a position where i don’t have to beg, borrow or struggle

[Samtop 👽🍂 @Samtop]

Lord put me in a Position where I don’t have to Beg, Borrow or Struggle.

[Promise.sol 🇦🇷𓃵 @sol_promise]

you keep trying and trying but you keep losing. don’t worry.

one good month, one good week or one good day is all you need to cover all your losses.

keep going anon.

[Mbaku 🔺🃏 @mbakuinSol]

@IGGYAZALEA come give me $5k