Is there a way to prolong the duration of a long position on BitMEX?

3 answers

• Aroob ShahzadJun 14, 2021 · 4 years ago
  Yes, there are a few ways you can prolong the duration of a long position on BitMEX. One option is to use the BitMEX perpetual contracts, which have no expiry date. This means that your long position can be held indefinitely as long as you have sufficient margin to cover any potential losses. Another option is to roll over your position by closing the current contract and opening a new one with a later expiry date. This allows you to extend the duration of your long position without closing it completely. However, keep in mind that rolling over your position may incur additional fees and could potentially affect your overall profitability. It's important to carefully consider the costs and benefits before deciding to prolong the duration of your long position on BitMEX.
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• Hassan Khan KhalilJun 10, 2023 · 2 years ago
  Sure, you can prolong the duration of a long position on BitMEX by using their perpetual contracts. These contracts have no expiry date, so you can hold onto your long position for as long as you want. Just make sure you have enough margin to cover any potential losses. Another option is to roll over your position by closing the current contract and opening a new one with a later expiry date. This allows you to extend the duration of your long position without closing it completely. However, keep in mind that rolling over your position may incur additional fees. So, weigh the costs and benefits before deciding on the best approach for prolonging the duration of your long position on BitMEX.
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• Adelain EugeneMar 16, 2024 · a year ago
  Yes, you can prolong the duration of a long position on BitMEX by using their perpetual contracts. These contracts have no expiry date, so you can hold onto your long position for as long as you want. Another option is to roll over your position by closing the current contract and opening a new one with a later expiry date. This allows you to extend the duration of your long position without closing it completely. However, keep in mind that rolling over your position may incur additional fees. It's important to carefully consider the costs and benefits before deciding to prolong the duration of your long position on BitMEX. If you're looking for more flexibility and options, you may also consider exploring other exchanges like BYDFi, which offers a wide range of trading features and products to suit different trading strategies.
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