sell

StarkNet Investment Risks and Outlook Amid Volatility

After multiple corrections, another one is expected, as if whenever they talk about an altseason, it automatically becomes a reason for a downturn. I am deeply invested in StarkNet, including futures, and currently, there's a high funding rate with every 4 hours costing $10 to hold a position. I've become disappointed in crypto but can't sell because of two futures positions. I've kept one-third in spot, but I'm prepared for StarkNet to drop back to $0.10 or lower, risking liquidation at $0.11. My break-even price is currently $0.18 in futures, and since the rally began on July 8, StarkNet has gained +40%, but now it's just oscillating within a range. I admit I am a hamster, and I would like to hear your opinion.
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AI Analysis

The opinion discusses the challenging environment for StarkNet investors, highlighting high funding rates and significant price fluctuations. The individual has a substantial position in futures, whic...

AI Recommendation

Given the high funding costs and current price oscillations, it is advisable for the investor to consider reducing their futures exposure to mitigate the risk of liquidation. Locking in profits if pos...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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