[Guide] The leveraged token (3X) trap — why they bleed in sideways markets

too many people misunderstand leveraged tokens, so: the key is volatility decay. A 3X token rebalances daily, so even if the underlying just chops sideways and ends flat, the token keeps bleeding. ex) coin does +10% then -9.09% = flat, but 3X does +30% then -27%, which compounds NEGATIVE. → strong in a sharp short-term trend, poison for chop / long holds. Taking the position directly on perps gives you better cost control.