Bitcoin has been bouncing back and forth these past few days, but hasn't broken through. In this kind of market, the difficulty in holding long positions is the waiting time. @protocol_fx put it very simply: with perpetual contracts, waiting incurs ongoing costs; price fluctuations mean funding fees are deducted from the position. On f(x), leveraged long and short positions in BTC and ETH have 0% funding fees. Whether you hold for a week or three months, you don't have to pay funding fees for waiting, allowing you to focus entirely on making informed decisions.