A steep drop like $BETA falling 64.00% to 0.00036 is a great reminder of how drawdown math works.
With a massive 219.44% intraday range between 0.0011 and 0.00031 on $296,136 volume, price drops much faster than it rebuilds. A heavy percentage drop always requires a substantially larger percentage gain just to return to previous highs.
How do you protect capital during extreme volatility? #BETA #CryptoTrading
With a massive 219.44% intraday range between 0.0011 and 0.00031 on $296,136 volume, price drops much faster than it rebuilds. A heavy percentage drop always requires a substantially larger percentage gain just to return to previous highs.
How do you protect capital during extreme volatility? #BETA #CryptoTrading
