Paradex is for winners🤘
I took positions in 9 coins on Paradex Perps between June and July, when BTC hit the local bottom around 98k. I used BTC as my reference to enter these trades.
I followed a scaled order strategy, placing multiple small entries in the same coin to get better average prices. Every time the coin dipped, my scaled orders added more size. Most of these positions were built with 20+ filled orders each.
My positions:
1. SOL – Entry: 133.37 | Current: 246.66
2. HYPE – Entry: 39.99 | Current: 54.92
3. SUI – Entry: 2.506 | Current: 3.783
4. PUMP – Entry: 0.0047 | Current: 0.0080
5. PENGU – Entry: 0.0278 | Current: 0.036
6. APT – Entry: 4.03 | Current: 4.61
7. ONDO – Entry: 0.944 | Current: 1.077
8. XRP – Entry: 3.047 | Current: 3.112
9. KAITO – Entry: 1.309 | Current: 1.216
Price Change from my entries:
🟢SOL +84.9%
🟢HYPE +37.4%
🟢SUI +50.9%
🟢PUMP +70.2%
🟢PENGU +29.5%
🟢APT +14.4%
🟢ONDO +14.1%
🟢XRP +2.1%
🔻 KAITO –7.1%
The most interesting one has been PUMP. Initially, my liquidation price was $0.026. I added margin when it went to $0.028, and later, when it dropped to $0.022, I pushed my liquidation down to $0.013 by adding more margin. Now it’s at $0.08.
Really glad I made that decision to protect the position instead of getting liquidated. Patience and margin management paid off here.
Now Paradex has 0 fees, excluding $BTC, $ETH, and soon 0 fees in all pairs.
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