This week I encountered $RIVER, and I wanted to try my luck. But what happened? Shorted for 7 days, and the entire account dropped from 12,000 to 2,000.
Honestly, losing money isn't the most painful part—the most painful is the hourly funding fee. Every hour, it eats away at your principal. Many people look down on this small amount of money, thinking how much can an hourly fee really be? But have you calculated it? Over a month, this fee can grind you to death.
Funding fees for small-cap coins are usually quite fierce. The longer you hold your position, the higher the rate, and the larger the leverage, the more terrifying it gets. My lesson this time is that I was too greedy and underestimated the cost of time. I thought I could hold on for a few days to break even, but in reality, every hour I was paying protection fees to the exchange.
Later, I realized that for coins with high funding fees, they are simply not suitable for medium- to long-term holding. Short-term trading might still have a chance, but if you plan to hold overnight or even for several days? Just prepare to be bloodsucked.
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DeFi_Dad_Jokes
· 01-08 23:11
Damn, the funding fee is truly a silent killer.
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mev_me_maybe
· 01-08 19:00
Bro, the funding fee is really a silent killer, quietly draining blood every hour.
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0xTherapist
· 01-08 06:47
Uh, I skipped that RIVER pit too. Funding fees are really a silent killer, bleeding you out bit by bit every hour.
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BrotherBaibeiOnlyEats
· 01-06 00:27
2026 Go Go Go 👊
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TheMemefather
· 01-05 23:51
Holy shit, I also fell into the $RIVER trap. An hour of fees can literally kill a person. This is the real culprit.
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DataChief
· 01-05 23:50
Oh no, funding fees are truly the silent killers, disappearing little by little every hour.
From 12,000 to 2,000, this round of RIVER is indeed fierce. But to be honest, the pitfalls of small coins are all like this; short-term is okay, but as soon as you hold, you get wiped out.
Calculating the funding fees, the monthly interest is frightening. Why must we use leverage? The risk is too high.
That's why I don't dare to go short on mainstream coins without leverage now; I really can't afford the time cost.
If you do short-term trading, you also need to choose exchanges with low fees, otherwise you'll be bleeding out, no negotiations.
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EthMaximalist
· 01-05 23:45
Damn, funding fees are truly the silent killer, cutting into your profits every hour.
Dropped from 12,000 to 2,000, that must have hurt a lot, brother, but you're right, holding fees are the real nightmare.
Small coins are just a trap, never think about earning passively; quick in and out is the way to go.
This painful lesson was worth it; next time, avoid coins with high fee rates.
Holding overnight is asking for death; you only learn this by throwing money into it.
Funding fees may seem small, but by the end of the month, they can directly lead to bankruptcy—it's brutal.
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bridgeOops
· 01-05 23:41
Damn, the funding fee is really an invisible knife, slowly cutting hour by hour, and in the end, all the blood is drained.
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ser_aped.eth
· 01-05 23:30
Damn, the funding fee is really an invisible killer. It drains you hour by hour, and before you know it, it's gone.
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GiveMeTheMoneyI_mNo
· 01-05 23:23
He trades for a day, doesn't step down, and even with a -2 he would have been wiped out. In just one day, he gained 48%, and half of his funds are gone.
This week I encountered $RIVER, and I wanted to try my luck. But what happened? Shorted for 7 days, and the entire account dropped from 12,000 to 2,000.
Honestly, losing money isn't the most painful part—the most painful is the hourly funding fee. Every hour, it eats away at your principal. Many people look down on this small amount of money, thinking how much can an hourly fee really be? But have you calculated it? Over a month, this fee can grind you to death.
Funding fees for small-cap coins are usually quite fierce. The longer you hold your position, the higher the rate, and the larger the leverage, the more terrifying it gets. My lesson this time is that I was too greedy and underestimated the cost of time. I thought I could hold on for a few days to break even, but in reality, every hour I was paying protection fees to the exchange.
Later, I realized that for coins with high funding fees, they are simply not suitable for medium- to long-term holding. Short-term trading might still have a chance, but if you plan to hold overnight or even for several days? Just prepare to be bloodsucked.