LIVEFor those who bought $ENA around 1.2, many are now feeling anxious about the drop in price. They're wondering what to do next since they bought at a higher price.
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It seems they might be misunderstanding how trading works here. The idea is this: when you buyat a higher price, you get fewer coins compared to someone who bought at a lower price. But if the market conditions remain the same for both traders, a drop in the coin's value affects everyone equally.
Buying at a lower price doesn't necessarily give you an advantage. Consider this scenario: someone buys 10 coins at $0.3, while another buys 200 coins at $1.2. When the price eventually rises to $4, who do you think makes a bigger profit?
So if you bough at 1.2 and feel like you're behind, the key is to try to buy more coins to stay on track with other traders.
Disclaimer: This includes opinions from others and is not financial advice. Refer to terms and conditions. Share with friends now.
#BinanceLaunchpool #Memecoins For those who bought $ENA around 1.2, many are now feeling anxious about the drop in price. They're wondering what to do next since they bought at a higher price.
It seems they might be misunderstanding how trading works here. The idea is this: when you buy $ENA at a higher price, you get fewer coins compared to someone who bought at a lower price. But if the market conditions remain the same for both traders, a drop in the coin's value affects everyone equally.
to terms and conditions.