...If you went on long position with Coin W at $1, and you $1000 from $100. But you later went on short position with Coin W with same $100 at a price of $10, the price of the coin fall from $10 to 1 but you make less than $250 as profit.
What do you think is the reason?
What do you think is the reason?
In this task, there is no amount for which a short was opened for the W coin. But taking into account that the profit was $250, I can assume that it was for $250 that the short was opened. And this is explained by the fact that when opening a short, the profit cannot be more than the amount for which the short was opened.
