Is a coin that costs just a few cents necessarily cheap?
The tendency to favor low-priced assets and think that being able to buy “a lot of coins” is a better deal is often called “unit bias.”
PEPE has a total supply of about 420.69 trillion tokens, while SHIB had an initial supply of 1,000 trillion tokens. Their low prices are mainly due to their enormous supplies.
When managing your position size, one thing matters most: before trading contracts like 1000PEPEUSDT, remember to calculate your position in units of 1,000 tokens.
$PEPE 0.0₅403 (+0.5%)
#PEPE
How you trade is up to you; I’m just keeping a record.
The tendency to favor low-priced assets and think that being able to buy “a lot of coins” is a better deal is often called “unit bias.”
PEPE has a total supply of about 420.69 trillion tokens, while SHIB had an initial supply of 1,000 trillion tokens. Their low prices are mainly due to their enormous supplies.
When managing your position size, one thing matters most: before trading contracts like 1000PEPEUSDT, remember to calculate your position in units of 1,000 tokens.
$PEPE 0.0₅403 (+0.5%)
#PEPE
How you trade is up to you; I’m just keeping a record.