Recently, many people have been asking me about the details of a certain trade. I would like to clarify that I am not a lead in copy trading trader. That trade took place three days ago on the 5th, and overall I made about 700U in profit on the NYX platform.



The market conditions at that time were quite special, maintaining a -2 fee almost all day. The strategy I adopted was to buy at a price slightly lower than the market price about 15 minutes before each hour. To control risks, I would set a stop-loss before the transaction ended.

It is worth noting that this situation of negative fees is not common. Nowadays, the market has returned to normal, and there are no longer any -2 funding costs. The opportunities brought about by such special market conditions are often fleeting, requiring investors to remain vigilant and seize them in a timely manner.

What I want to emphasize is that the cryptocurrency market is highly volatile, with risks and opportunities coexisting. What I share is just personal experience, and each trader should formulate strategies based on their own risk tolerance and market judgment. Always remain cautious and do not blindly follow the trading methods of others.

For friends interested in delving deeper into cryptocurrency trading, it is recommended to pay more attention to market dynamics, learn various trading strategies, and also be mindful of risk management. Remember, in this rapidly changing market, it is equally important to adjust strategies in a timely manner and maintain flexibility.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
ForkMastervip
· 08-10 18:59
Oh, rolling on the ground and earning 700u, even my three cubs I raised are laughing at your operation.
View OriginalReply0
NftBankruptcyClubvip
· 08-10 06:13
Earned again? I'm eating dirt.
View OriginalReply0
GasFeeCriervip
· 08-08 15:52
Envious of the negative fee
View OriginalReply0
AirdropATMvip
· 08-08 15:52
How much longer until I get rich? ~
View OriginalReply0
LayerZeroHerovip
· 08-08 15:48
Earn so much in one order?
View OriginalReply0
LiquidatorFlashvip
· 08-08 15:30
Who doesn't love negative fee arbitrage? But I'm more afraid of being liquidated.
View OriginalReply0
ShitcoinConnoisseurvip
· 08-08 15:28
At first glance, it's obviously a Be Played for Suckers trap.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)