When I checked the leaderboard this morning, many people had already surpassed 300,000 in their scores. My initial capital was over 330,000, and I added another 60,000 later. I thought that with 390,000, I could secure a decent position, but I only then realized that everyone's enthusiasm far exceeded expectations.



This lesson was quite profound. Hedging combined with continuous funding fees kept draining resources, and in the end, the actual wear and tear costs accounted for the majority of the expenses. Whether the market maker will create volatility at the last moment or target those who hedge, no one can say for sure.

Honestly, participating in the trading competition requires careful consideration. The numbers on the leaderboard can influence the rhythm. Seeing others' results, many people who weren't so competitive initially felt the pressure and had no choice but to follow the trend. The result is a series of low-cost, repetitive operations—day after day, accumulating effort, which is quite exhausting.

Copying the leaderboard is understandable, but if it's just for maintaining rank through blind following, it’s not worth it. Rationally planning the pace is much more cost-effective than blindly following the crowd.
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NFTArchaeologisvip
· 6h ago
It's like watching the hot trading cycle of the antique market—once a digital asset becomes part of the "ranking," it turns into a record of collective anxiety. The gap between 390,000 and 300,000 is essentially a collapse of psychological accounting.
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GasGasGasBrovip
· 6h ago
390,000 can't compete in the internal competition either; this ranking is just ridiculous. The funding fee siphoning is real, and the whole hedging strategy ultimately just pits oneself against oneself. Can't resist chasing when others rise, and that's the beginning of getting liquidated. If you don't compare yourself to others, it won't hurt so much, but who can do that? Haha
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ETHmaxi_NoFiltervip
· 6h ago
It’s exhausting just to look at it, why bother? --- The fees are truly an invisible knife. --- In the end, it’s just working for the exchange. --- Rankings are like poison; just a glance makes you want to join. --- 390,000 isn’t enough? How much do you need to win? --- Hedging backfires and gets exploited, ironic. --- Not much profit, but a lot of losses—that’s the feeling.
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InfraVibesvip
· 7h ago
390,000 still gets wiped out, this ranking really gets to your head Funding fees eat up half your life, the last wave from the big players can wash out the hedges Basically, it's being hostage to the rankings, you just can't stop following Getting anxious when others rise, rationality is thrown out the window once you enter It's really better to earn steadily, don't let these虚数字 (virtual numbers) mess you up
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LiquidatorFlashvip
· 7h ago
The funding fee part is truly an invisible killer, with 390,000 still being beaten down... Hedging sounds stable but is actually slow bleeding.
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