RBC kicks off the FIFA Mega Giveaway! ⚽
Together with @BullbitDEXHQ, @Finrockinc, @exolix_com, and @Polydata_pro, we’re bringing the community:
🎁 $250 Reward Pool
🏆 25 Winners
✅ Simple Quest Tasks
Complete the Quest. Enter the draw. Win rewards.
Join now 👇
https://t.co/tJj38tOEfQ
Just saw the most insane thing… Nordic aliens (you know, the hot blonde ones) meeting Trump at Mar-a-Lago 👽🛸
They came in peace… and left with a signed MAGA hat.
This timeline is wild.
You probably don’t understand how a futures position works
Let me explain
$7.81 was your entry price here and $1.15 was the current price
To determine your ROI;
You calculate the percentage profit or decrease and multiply it with your leverage (if you used any).
Now let’s do that👇;
Simple math for percentage increase or decrease is;
( change in price / initial price ) X 100
So:
( 7.871- 1.15/7.87 ) x 100
Which will give you 85% decrease.
……….Since you used a leverage which amplifies your profit or loss, you multiply the % increase or decrease by your 20X leverage
You made a profit here, so………….
85% profit X 20x leverage used then gives you about 1700% ROI
Which is 17X profit
The only way you can make massive profit is when you get more percentage increase in price.
I.e: you entered at $1.2 and it pumped to $8
So your profit becomes ( 8-1.2 / 1.2 ) X 100
Which is 566% increase ……..that’s about 5X technically too.
Then when you multiply your leverage of 20x to 566%, you arrive at 11333% and that’s over 100X profit
TL;Dr
You make more profit when a coin pumps from $1 to $8 than when it dumps from $8 to $1
Cause the highest a coin can dump is 100% decrease 💚.
"Everybody scan your face so we can steal your data, then later you'll know if you are eligible"
Javi knew how this project would perform, that's why he quit beforehand to avoid dragging