ake's highest price was 0.164696, down more than 70%.
Its market cap at the peak exceeded $5 billion.
Trading strategy: Just short with a small position. The probability of it rising again to its peak price of 0.16496 is less than 0.1%.
Use this high as your stop-loss price.
Short boldly; short every rebound, and you can keep making a profit.
Its market cap at the peak exceeded $5 billion.
Trading strategy: Just short with a small position. The probability of it rising again to its peak price of 0.16496 is less than 0.1%.
Use this high as your stop-loss price.
Short boldly; short every rebound, and you can keep making a profit.