Big intraday drops teach brutal lessons in position sizing.
$PYR fell 57.14% to 0.021 today after swinging between 0.049 and 0.019 on $752,925 volume, covering a 142.86% range.
In an illustrative scenario, a $100 unleveraged long entered at 0.044 would sit at -52.27 USDT right now. Once capital shrinks by half, climbing back requires a +100% rally just to break even.
How do you manage exposure on steep red days? #PYR #CryptoEducation
$PYR fell 57.14% to 0.021 today after swinging between 0.049 and 0.019 on $752,925 volume, covering a 142.86% range.
In an illustrative scenario, a $100 unleveraged long entered at 0.044 would sit at -52.27 USDT right now. Once capital shrinks by half, climbing back requires a +100% rally just to break even.
How do you manage exposure on steep red days? #PYR #CryptoEducation