It's been said, buy spot at low prices with leverage to support the bottom, prevent explosive rises from causing contract short positions to be liquidated. Keep shorting it in the contract, short immediately upon entry, short immediately upon entry, and earn the fee rate. Short positions also profit, so short is the right move. #coai

$COAI Sigh, seeing you all still opening long positions on contracts, I don’t know what to say about cutting losses—you're really getting played like chives. If you see this message, consider it your luck. Here's how you should really play: When the price is this low, with positive funding rates and such high rates, you should be doing this—it's not just opening a long on the monthly contract, but using leverage on spot to go long, then opening a short on the contract. For example, if you use $1 on spot with leverage to buy $10,000 worth, set a take profit at $2, and then open a $10,000 short on the contract with a $2 stop loss, you just sit back and collect the funding fees. This is exactly what the market makers are doing now—so many long contracts, just collecting fees to stay alive, no need to manipulate the market. #coai