Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Talk about how crazy the recent surge of this RAVE coin has been, skyrocketing from a bottom of $0.24 all the way up to $14, truly a "demon coin." If you choose to short it now, it will tell you: "In my world, please ignore the short button. If you go long with high leverage, I’ll blow you up too."
So, if everyone is very enthusiastic about this coin and doesn’t want to take too much risk, I’ll teach you a trick.
Open 1x leverage, go long, and then set a stop-loss within your acceptable loss limit. The width should be large, for example, entering a long at $14 and setting a stop at $10. This coin can’t give precise entry points, it’s not a normal market.
Why does it keep rising like this?
The settlement of funding rates allows market makers of this coin to have unlimited capital to push prices up, causing its explosive rise. For this type of coin, when no one is shorting it anymore, it will start to surge long. So, the risk is very high, but many people love to play it and it’s very popular. I have to say, my followers have also made a lot of US dollars from the reference entry points I shared in my posts.
But I keep reminding everyone not to keep playing this coin. So, if you want to play, just open small positions with 1x leverage or use isolated margin to go long. Just a reminder: even if this coin crashes hard, don’t short it. It won’t give you a chance to profit from shorting.