๐ธ Shorting with Leverage & $22 ๐ฐ
๐ Calculation
- *Entry price*: $0.004 ๐
- *Leverage*: 5x ๐
- *Exit price*: $0.002 ๐
- *Investment*: $22 ๐ฐ
๐ข Profit Calculation
With a short ๐ at 5x leverage ๐:
- Price dropped 50% ๐ from $0.004 to $0.002.
- Profit = $(\text{Investment}) \times \text{Leverage} \times (\frac{\text{Price drop}}{\text{Entry price}})$
- Profit = $22 \times 5 \times (\frac{0.004 - 0.002}{0.004})$
- Profit = $22 \times 5 \times 0.5 = 22 \times 2.5 = \$55$ ๐ธ.
๐ก Outcome
- With $22 ๐ฐ at 5x leverage ๐ shorting ๐:
- Profit = *$55* ๐ธ if price drops to $0.002 ๐.
โ ๏ธ Leverage Risk Warning ๐จ
- Leverage ๐ boosts both profits ๐ & losses ๐.
- If price went up โฌ๏ธ instead, youโd face big losses ๐.