@mongtongkim
How to lose in crypto (1/ ∞ )
[ $PYTH ]
1. Buy $8,000 worth of $PYTH and stake.
2. Short hedge x2 with $4,000
3. Hedged volume liquidated with momentary spike (timing of announcement on Binance : $PYTH listing), and the price plummets again, locking in losses -$2,500
Lesson : Short hedge should be x 1