The math of deep drawdowns is often underestimated.
When an asset drops over 50%, you need more than a 100% rally just to get back to breakeven. Take $WTC today: it fell 56.54% to 0.0103, moving between 0.024 and 0.01 across a 135.92% range on $485,356 volume.
The steeper the drop, the heavier the climb becomes. How do you manage downside risk? #WTC #CryptoEducation
When an asset drops over 50%, you need more than a 100% rally just to get back to breakeven. Take $WTC today: it fell 56.54% to 0.0103, moving between 0.024 and 0.01 across a 135.92% range on $485,356 volume.
The steeper the drop, the heavier the climb becomes. How do you manage downside risk? #WTC #CryptoEducation