A coin that costs just a few cents—is it really cheap? No worries, your class rep has the answer:
Liking low-priced assets and thinking it’s a better deal to buy “a whole bunch” is a mindset often called “unit bias.”
A contract with a 1000 prefix just uses a different quote unit. Its percentage gains and losses are the same, as is the price per coin, but you need to calculate the order quantity and price based on 1000 coins.
Knowledge can seem useless in everyday life, but when you hit a pitfall, you’ll be glad you have it.
$PEPE 0.0₅4（-0.99%）
#PEPE
Not a buy or sell signal.
Liking low-priced assets and thinking it’s a better deal to buy “a whole bunch” is a mindset often called “unit bias.”
A contract with a 1000 prefix just uses a different quote unit. Its percentage gains and losses are the same, as is the price per coin, but you need to calculate the order quantity and price based on 1000 coins.
Knowledge can seem useless in everyday life, but when you hit a pitfall, you’ll be glad you have it.
$PEPE 0.0₅4（-0.99%）
#PEPE
Not a buy or sell signal.