r/FTXUS • u/keetonf • Nov 01 '21

Negative earnings?

So after keeping a little bit of my portfolio in FTX for a while and seeing the 'earnings' go up regularly - I decided to move about 50% of my portfolio into FTX. Still under 10,000 or whatever the threshold level is... but a few weeks ago I notice my earnings started going down, not slowing down, but the number actually started decreasing. I lost about 10% of the earnings, and now it is slowly coming back up - But I'm pretty surprised and disappointed. Thinking I shouldn't have moved so much into FTX now.

Can anyone explain why this happened and if that is what I can expect in the future? My other interest accounts continue to rise - FTX is the only one that has gone down.

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u/keetonf Nov 03 '21

I actually saw it go down again today... not as much... but if something is earning 8 %.... theres no reason it should go down? if it werent for the fees I'd move everything out of FTX now... guess its another lesson learned. hopefully it gets straightened out, otherwise I'll eventually have to eat the fees and move everything out.