2024-12-24 07:25:45

#GALA5L I bought Gala5L for 2 dollars when the price of Gala was 0.045.

Gala's price is 0.037 but Gala5L's price is 0.26?
Why is this coin not going up?

GALA-1.04%

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VisitTheThreeMountain

· 2024-12-24 09:19

The logic of playing 5L and 5S is like this, Gala is $0.5 GaGl5L is $2, Galafall10% is $0.45, then GaGl5Lfall50% is only $1, GaGl at $0.45rise10% is $0.495, so GaGl5L is only $1 rise50% to $1.5.

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CEL730

· 2024-12-24 08:44

In all levers are like this

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CEL730

· 2024-12-24 08:43

They use a rebalancing factor to decrease the loss, as in these cases they multiply by over 5x, even though the Gala drops to the value it was before the plummet, the Gala 5L becomes smaller.

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CEL730

· 2024-12-24 08:41

Understand that when it drops a lot to return to the same value in Gala5L, Gala has to rise more than it was before

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Omerhasbay

· 2024-12-24 08:40

And I don't have money to add

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Omerhasbay

· 2024-12-24 08:39

Yes, but I bought gala5L for 1000 dollars when it costs 2 dollars

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CEL730

· 2024-12-24 08:37

The value of Gala fell to $0.02951 and Gala5L to $0.0930, the calculation of the rise is from there. So Gala rose by about 25.5% and Gal 5L by 180%. In this case, Gala5L rose more than 5x what Gala rose

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