A wide range doesn't make a position safer

Time to break down IL and liquidity efficiency

Two rookie misconceptions

1. "The wider the range, the less IL"
No idea where people even got that

2. "The wider the range, the safer the position"
This one deserves a closer look

> Where a wide range actually works

A wide range is only safe when the print is really strong and the token is volatile

The whole point of a wide range is staying in range and printing fees

But with no print, in range or out of range makes almost no difference, the money comes from the print

> Low print + wide range

With low print a wide range is inefficient use of liquidity

What's the point of opening a wide range position on a low print token, especially in bid ask?

The token can touch the top of the range and print nothing

And if it dumps with no print, the IL is huge and there are no fees to offset it

> What I do instead

In tokens like that I'd rather open a -50-60% range and take a 20-30% loss

Than wait for a miracle in a wide range and end up down 40-50% if the pump never comes

The lower a token falls, the bigger the bounce it needs just to break even

Medium and tight ranges need a smaller bounce to break even and profit compared to a wide one

> Bottom line

Low print + wide range is no print at all, it's inefficient use of liquidity

With low print it's either a tight/medium range or no entry at all, the risk reward is just bad

This post is for beginners, pros already know every use case for every range size and how to use liquidity efficiently

IL for every range in the table below