$AT this move really backfired. After farming the airdrop without hedging, it kept dropping all the way down, and now I'm feeling a bit overwhelmed.
Here's the question—should I open a short position now to lock in profits? Honestly, I'm quite conflicted. The market capitalization has fallen so much; what if there's a sudden rebound and it turns into a meme coin? More importantly, I checked the funding rate records, and shorts have been paying consistently, indicating there's already enough market short positions. Even if it consolidates for a few days, the cost of hedging wouldn't be sustainable.
Should I hedge at this price? Has anyone experienced a similar situation?
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liquiditea_sipper
· 7h ago
The rate has been consistently positive for so long, and the bears are already overwhelmed. Instead of stressing over it, it's better to observe the fundamentals; maybe a rebound opportunity will come.
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MEVHunterNoLoss
· 12-11 02:53
With such high fees, still daring to short? Bro, are you thinking there's too much money?
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GhostWalletSleuth
· 12-11 02:48
The rebound of Yao Coin was really incredible. With such high short-selling rates, dare you chase the short? I wouldn't dare to gamble.
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DYORMaster
· 12-11 02:36
Haha, this is the price of not setting stop-loss orders. I’m most afraid of getting stuck in this kind of dilemma.
$AT this move really backfired. After farming the airdrop without hedging, it kept dropping all the way down, and now I'm feeling a bit overwhelmed.
Here's the question—should I open a short position now to lock in profits? Honestly, I'm quite conflicted. The market capitalization has fallen so much; what if there's a sudden rebound and it turns into a meme coin? More importantly, I checked the funding rate records, and shorts have been paying consistently, indicating there's already enough market short positions. Even if it consolidates for a few days, the cost of hedging wouldn't be sustainable.
Should I hedge at this price? Has anyone experienced a similar situation?