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#DOGE5L Is anyone buying Doge5L at the price of 135U? I'm considering it. If an exchange has the authority to [arbitrarily adjust positions], then ETFs are actually worthless for retail investors. They are worthless for retail investors, market makers, and exchanges as well. What is the significance of a worthless Doge5L?
If I buy in at 135u, and it drops to 0.0008, then instantly rises by 128888% to 1u, resulting in a shift from an initial position of 13455 coins to 13 coins, then what is the point of buying the ETF during this time?
If according to the "so-called actuarial principal remains unchanged", then during this period when I am running alongside, if I put it in the bank, the bank will also pay me interest profits due to the deposit time.
If I bought the ETF at a high price and it dropped from 138u to 0.0008u, that would count as a failure of my investment, but the 128888% increase from 0.0008u to 1u has nothing to do with me?
So why should I care about ETFs and exchanges? What is the value of the existence of ETFs and exchanges?
The essence of business: quality products at reasonable prices, operating with integrity; respect for time, respect for management. Therefore, I respectfully inform the "so-called actuarial exchange" that it has no profit and no users.