How can you make money with this coin $MYX ? If you go short, the dealer will push the price up hard, then adjust the funding rate to -2. Even if you can withstand the drop, the funding rate deducted won't be enough to cover your gains (this is in the case of a decline; if it keeps pushing up to your liquidation point, your principal will be gone). If you go long, it will drop directly and trap you. If you want to take advantage of the dealer's funding rate, the dealer will trap you at the peak. The only way to make money with this coin is to be a lucky person who goes short at the highest point when it goes up, and then when the dealer wants to trap the longs, they will drop it a bit, take a profit, and leave. I can't make this money; this luck is left for you.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
