Recently, PIPPIN's trend has left me a bit speechless. Last night, as it rebounded to 0.56, I was still thinking there might be a chance for the bears, but it still fell. The problem is—although there was indeed a decline, the cost of funding fees had already eaten up the profits, and in the end, the calculation shows a loss. That's when I realized, on such volatile coins, simply betting on the right direction is far from enough; trading costs are the invisible killer.
After this lesson, I changed my mindset. Instead of continuing to fight the bears to the death, it's better to follow the bullish trend. Mainstream coins like BNB and XRP have been performing well recently. Although PIPPIN is highly volatile, since it's so hard to profit from shorting, I will shift to a bullish approach and participate in the market with a more friendly cost structure. Experienced friends, what are your recent thoughts?
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DevChive
· 6h ago
Funding fees really secretly eat into profits. I've been scammed too. When the direction is correct, but you still lose money—that feeling is just unbeatable.
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DAOTruant
· 6h ago
Fees are the real hidden harvesters; short players all have to suffer this loss.
Turning to the bulls, smart move. I'm also considering withdrawing from PIPPIN, the volatility fee is just too fierce this time.
Is betting on the right direction not enough? You should have realized this earlier; trading costs eat up half the profit.
Long positions feel much more comfortable, at least I don't have to watch the funding fee jump every day.
BNB is more stable, but PIPPIN... is indeed hard to operate, a fee killer.
Now I understand why big players are all in mainstream coins; the cost structure is just too different.
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PrivateKeyParanoia
· 6h ago
资金费真的是隐形吸血鬼,看对了方向还是亏,这谁受得了
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StablecoinSkeptic
· 6h ago
Funding rate this thing is really awesome; shorts earn faster than they can even eat interest haha
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GlueGuy
· 6h ago
Funding fee rate is really something else. Even if the direction is correct, you can still lose money. LOL
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LucidSleepwalker
· 7h ago
Fees are truly invisible taxes... When short sellers can't make money, they should withdraw.
Recently, PIPPIN's trend has left me a bit speechless. Last night, as it rebounded to 0.56, I was still thinking there might be a chance for the bears, but it still fell. The problem is—although there was indeed a decline, the cost of funding fees had already eaten up the profits, and in the end, the calculation shows a loss. That's when I realized, on such volatile coins, simply betting on the right direction is far from enough; trading costs are the invisible killer.
After this lesson, I changed my mindset. Instead of continuing to fight the bears to the death, it's better to follow the bullish trend. Mainstream coins like BNB and XRP have been performing well recently. Although PIPPIN is highly volatile, since it's so hard to profit from shorting, I will shift to a bullish approach and participate in the market with a more friendly cost structure. Experienced friends, what are your recent thoughts?