DASH has been extremely volatile recently, much more aggressive than XMR. You need to be extra cautious. I personally once held a position of 40,000, but after seeing the funding rate was going to be charged, I decisively reduced my position by more than half.
Regarding strategy, my advice is: since you're unsure about the direction, don't rush to go long or short. The reason is simple:
The funding rate is currently at -1.2%, and the bears can't push it down. Once caught in a position, just the three funding payments per day can be overwhelming. The sector leader XMR is still stable for now, and I haven't seen any signs of a reversal. I added to my position today and have already taken a small profit and exited.
Interestingly, ZEC, despite being under negative pressure, is still rebounding. This is a signal, but I won't follow the bullish trend for now. ZEN is the weakest in the sector; I bought a little to test the waters and see if there’s a chance for a rebound.
Overall, control your position size, follow the market rhythm, and don't be greedy.
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DaoGovernanceOfficer
· 12h ago
*sigh* the funding rate dynamics here are empirically fascinating but like... why are we still treating -1.2% as some kind of structural ceiling? the data suggests this is just noise masking deeper protocol health issues nobody's actually measuring. position sizing based on fee mechanics is just governance theater dressed up as risk management tbh
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CryptoSourGrape
· 16h ago
Oh no, a 40,000 position... I wish I had been this decisive back then.
If it weren't for the devilish funding rate, I would have made a fortune long ago.
This wave with XMR is indeed stable, ZEC's rebound is really outrageous, why can't I see through it?
I bought ZEN to try my luck, I totally understand this mindset, it's actually just throwing a tantrum.
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DeFiVeteran
· 16h ago
Funding rate really can drive people crazy; I've seen too many people repeatedly exploited.
This wave of XMR is indeed stable, but I still need to keep an eye on DASH's fierce momentum.
The rebound of ZEC is quite interesting; it's definitely something to watch out for.
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GamefiHarvester
· 16h ago
40,000 position halved abruptly, no doubt about this mentality. Funding rates really can wear you out.
Just hold steady with XMR, no need to overthink it. ZEC's rebound is indeed interesting.
What, ZEN can still catch up? The more I look at it, the more I feel it's a trap haha.
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BlockchainNewbie
· 16h ago
Oh no, funding rates can really eat people up. I've seen people get wiped out by rates before.
The recent rebound of ZEC is quite interesting. Knowing that there's a short squeeze but still holding on is worth paying attention to.
DASH's volatility is so fierce; maybe wait a bit before acting. There's no need to chase after such uncertainty.
If XMR remains stable, just follow along. That's the safest way to play.
For small coins like ZEN, treat it as gambling. Anyway, you can't make big money, and you won't lose too much either.
When the rates keep being charged, it's the biggest test of patience. It's really better to just lie flat.
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GasFeePhobia
· 16h ago
Funding rate -1.2% at this level is really tough, the bears just can't push it down, XMR still needs to be watched.
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GweiWatcher
· 16h ago
With such high funding rates, daring to open a short position is just asking for death. If XMR stabilizes, just go along and make a living; don't expect to make big profits.
DASH has been extremely volatile recently, much more aggressive than XMR. You need to be extra cautious. I personally once held a position of 40,000, but after seeing the funding rate was going to be charged, I decisively reduced my position by more than half.
Regarding strategy, my advice is: since you're unsure about the direction, don't rush to go long or short. The reason is simple:
The funding rate is currently at -1.2%, and the bears can't push it down. Once caught in a position, just the three funding payments per day can be overwhelming. The sector leader XMR is still stable for now, and I haven't seen any signs of a reversal. I added to my position today and have already taken a small profit and exited.
Interestingly, ZEC, despite being under negative pressure, is still rebounding. This is a signal, but I won't follow the bullish trend for now. ZEN is the weakest in the sector; I bought a little to test the waters and see if there’s a chance for a rebound.
Overall, control your position size, follow the market rhythm, and don't be greedy.