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Crypto Currency Investors Thread - Investment (3970) - Nairaland

Nairaland ForumNairaland GeneralInvestmentCrypto Currency Investors Thread (5831521 Views)

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Re: Crypto Currency Investors Thread by Tflex01: 7:48pm On Oct 30, 2024
dauntless15:
Me I don rest since they can't be adults lemme leave playground for children.
Mr adult, I thought you unfollowed already?

How did you see the next message??

Re: Crypto Currency Investors Thread by dauntless15(m): 8:01pm On Oct 30, 2024
Tflex01:
Mr adult, I thought you unfollowed already?

How did you see the next message??
Because I was quoted idiot
Re: Crypto Currency Investors Thread by Chikacha: 8:13pm On Oct 30, 2024
GRACEGLORY:
ThePsychopath


The celebration would be wild...
I have deep pity when I see that some people do not know yet that Trump will win.
Re: Crypto Currency Investors Thread by Alexas58: 8:42pm On Oct 30, 2024
XaToXi:
Pump from 35 to 70:

35k gain/35k start X 100 = 100% gain

Dump from 70 to 35:

35k loss/70k start x 100% = 50% loss
Let’s do it like this 35 ====> 70 100%

Why will 70 ==> 35 be 50%. ??



What you’re loosing in both case is 35k
And what you are gaining is 35k!

So why is one 100% and then you said the other 50% ?? 😂😂😂😂😂
Re: Crypto Currency Investors Thread by iLegenddd: 9:07pm On Oct 30, 2024
Nigerians may not fully appreciate the immense opportunities they have with regard to financial freedom and global connectivity. Crypto has come as an added blessing, enhancing our numerous advantages.

In countries with weak currencies, individuals should be eternally grateful to Satoshi for this financial lifeline.

Moving money from abroad to Nigeria used to be an arduous process, often requiring days of scrutiny, while politicians could effortlessly transfer funds to Swiss banks.

Why is it that moving money out of Nigeria was made so easy, but bringing it in was so difficult? This is something to ponder deeply.

The advent of cryptocurrency bridged this gap, with P2P transactions fortifying that bridge. For those in countries with poor currencies, there are, surprisingly, some hidden benefits.

Start selling or offering services online, especially digital ones that generate income in dollars, then invest time and effort into understanding crypto investments.

Allocate a small, predetermined amount that you can afford to lose as you go through the learning curve.

Practice until you can master your impulses and emotions—when you achieve this, you've conquered one of the most challenging aspects of trading. Money is not merely a tangible asset; it's a spirit.

You’ll understand this profoundly during times of financial hardship, as you recall past moments of wealth squandered due to lack of focus, FOMO, or impulsive spending.

In crypto, if you approach every investment as a learning experience, even losses become valuable.

The notes you take and the lessons you learn will remind you to refine your strategies and avoid impulsive trades. Remember: profits are made at the entry point. If your entry isn’t sound, the trade isn’t worth it.

During the #EndBadGovernance protests, there was a massive market crash, dropping BTC to 48k. Yet, few traders documented how this affected their portfolios or their mental resilience. Many simply "go with the flow," reacting emotionally to each rise and fall.

When they miss out, they’re frustrated; when they enter too early any it backfires, they’re even angrier, as if the market is personally against them.

We’ve all felt this way and will continue to, but the key difference lies in preparedness, patience, and having strategic safeguards.

If you’re trading with a small amount, don’t focus solely on profit. Emotional attachment will take over, and you’ll start trading on impulse, becoming restless.

Beginners with larger capital shouldn’t trade it all at once, as overconfidence often leads to regret. Money operates with dual forces: greed and pleasure, both of which can ruin you unless tempered by well-defined strategies.

I still revisit my notes from early trades where a coin pump wiped out thousands, or when I entered a long position too soon and took a heavy loss.

Such experiences taught me that the market is a game; winning requires patience, strategic thinking, and control over greed and desire.

The realization that "money is ultimately transient" allows me to remain detached from losses and to enjoy the process. I know that in 50-70 years, or maybe sooner, I’ll leave it all behind.

Understanding that this pursuit of wealth is part of a broader rat race toward an inevitable end lets me remain emotionally uninvolved, focusing instead on the joy of strategic thinking.

If you spend quiet hours reflecting on life, you might come to see it as a game in which only patience, strategy, and emotional restraint can yield success.

This is why whales—major players in the market—exercise patience and methodical manipulation.

They can wait months or years for the perfect opportunity, striking with precision while smaller, emotionally driven traders are left scrambling and demoralized.

Why does this happen? It boils down to a lack of patience, an overabundance of pleasure-seeking, and unrestrained greed.

In the end, the truth remains: money has a spirit. If you don’t control it, it will control you, often leading you to regret.

And remember, a devalued currency has its own hidden advantages—you may just need time and insight to uncover them.
Re: Crypto Currency Investors Thread by XaToXi:
Alexas58:
Let’s do it like this 35 ====> 70 100%

Why will 70 ==> 35 be 50%. ??



What you’re loosing in both case is 35k
And what you are gaining is 35k!

So why is one 100% and then you said the other 50% ?? 😂😂😂😂😂
You cannot change the rules of elementary maths.

If you are still in doubt, consult chatgpt.

Your confusion seems to stem from using the wrong reference points:

100% gain from 35k is 70k
050% loss from 35k is 17k5
100% loss from 35k is 00k

100% gain from 70k is 140k
050% loss from 70k is 035k
100% loss from 70k is 00k
Re: Crypto Currency Investors Thread by Uptober: 10:01pm On Oct 30, 2024
Alexas58:
Let’s do it like this 35 ====> 70 100%

Why will 70 ==> 35 be 50%. ??



What you’re loosing in both case is 35k
And what you are gaining is 35k!

So why is one 100% and then you said the other 50% ?? 😂😂😂😂😂
Olodo Rabata!

Simple mathematics you don't know

Champion trader in the mud!!! grin
Re: Crypto Currency Investors Thread by HODGracious: 10:03pm On Oct 30, 2024
[quote author=iLegenddd post=132666304]Nigerians may not fully appreciate the immense opportunities they have with regard to financial freedom and global connectivity. Crypto has come as an added blessing, enhancing our numerous advantages.

In countries with weak currencies, individuals should be eternally grateful to Satoshi for this financial lifeline.

Moving money from abroad to Nigeria used to be an arduous process, often requiring days of scrutiny, while politicians could effortlessly transfer funds to Swiss banks.

Why is it that moving money out of Nigeria was made so easy, but bringing it in was so difficult? This is something to ponder deeply.

The advent of cryptocurrency bridged this gap, with P2P transactions fortifying that bridge. For those in countries with poor currencies, there are, surprisingly, some hidden benefits.

Start selling or offering services online, especially digital ones that generate income in dollars, then invest time and effort into understanding crypto investments.

Allocate a small, predetermined amount that you can afford to lose as you go through the learning curve.

Practice until you can master your impulses and emotions—when you achieve this, you've conquered one of the most challenging aspects of trading. Money is not merely a tangible asset; it's a spirit.

You’ll understand this profoundly during times of financial hardship, as you recall past moments of wealth squandered due to lack of focus, FOMO, or impulsive spending.

In crypto, if you approach every investment as a learning experience, even losses become valuable.

The notes you take and the lessons you learn will remind you to refine your strategies and avoid impulsive trades. Remember: profits are made at the entry point. If your entry isn’t sound, the trade isn’t worth it.

During the #EndBadGovernance protests, there was a massive market crash, dropping BTC to 48k. Yet, few traders documented how this affected their portfolios or their mental resilience. Many simply "go with the flow," reacting emotionally to each rise and fall.

When they miss out, they’re frustrated; when they enter too early any it backfires, they’re even angrier, as if the market is personally against them.

We’ve all felt this way and will continue to, but the key difference lies in preparedness, patience, and having strategic safeguards.

If you’re trading with a small amount, don’t focus solely on profit. Emotional attachment will take over, and you’ll start trading on impulse, becoming restless.

Beginners with larger capital shouldn’t trade it all at once, as overconfidence often leads to regret. Money operates with dual forces: greed and pleasure, both of which can ruin you unless tempered by well-defined strategies.

I still revisit my notes from early trades where a coin pump wiped out thousands, or when I entered a long position too soon and took a heavy loss.

Such experiences taught me that the market is a game; winning requires patience, strategic thinking, and control over greed and desire.

The realization that "money is ultimately transient" allows me to remain detached from losses and to enjoy the process. I know that in 50-70 years, or maybe sooner, I’ll leave it all behind.

Understanding that this pursuit of wealth is part of a broader rat race toward an inevitable end lets me remain emotionally uninvolved, focusing instead on the joy of strategic thinking.

If you spend quiet hours reflecting on life, you might come to see it as a game in which only patience, strategy, and emotional restraint can yield success.

This is why whales—major players in the market—exercise patience and methodical manipulation.

They can wait months or years for the perfect opportunity, striking with precision while smaller, emotionally driven traders are left scrambling and demoralized.

Why does this happen? It boils down to a lack of patience, an overabundance of pleasure-seeking, and unrestrained greed.

In the end, the truth remains: money has a spirit. If you don’t control it, it will control you, often leading you to regret.

And remember, a devalued currency has its own hidden advantages—you may just need time and insight to uncover them.

A masterpiece as usual . Thank you boss
Re: Crypto Currency Investors Thread by HODGracious: 10:06pm On Oct 30, 2024
You a blessing to this Thread . Keep it up Bro
Re: Crypto Currency Investors Thread by Alexas58: 10:09pm On Oct 30, 2024
Uptober:
Olodo Rabata!

Simple mathematics you don't know

Champion trader in the mud!!! grin
Wrong

This is like balancing equation
35<==>70. 100%
This is a reversible reaction
Re: Crypto Currency Investors Thread by Alexas58: 10:10pm On Oct 30, 2024
XaToXi:
You cannot change the rules of elementary maths.

If you are still in doubt, consult chatgpt.

Your confusion seems to stem from using the wrong reference points:

100% gain from 35k is 70k
050% loss from 35k is 17k5
100% loss from 35k is 00k

100% gain from 70k is 140k
050% loss from 70k is 035k
100% loss from 70k is 00k
You consult him

But you’re wrong
Re: Crypto Currency Investors Thread by armadeo(m): 11:00pm On Oct 30, 2024
jayce232:
Sir that guy is not just a troll, but a lunatic.
If his job here was just trolling, believe me nobody will quote him. The guy is a spoiler. His approach is if it doesn't work for him, it won't work for anyone. Such people can be very dangerous & hard to ignore. Some persons make research & post on this thread for others to benefit, this lunatic constantly keep attacking them with the aim of making this place uninteresting for them. We too quoting him go through stress & headache to do so. It is mentally taxing dealing with a lunatic. We don't enjoy derailing the thread, but when he goes extreme, we need to put him in his place. I watched a video people gathered to beat a madd man because he was destroying a helpless lady's windscreen. A lot of evil are happening in our society because good people look away. He insults me all the time, I don't bother responding to him, but anytime il.egenddd, graceglory or any responsible user make an educative post & he tries to undermine it or make them look f00lish, I will come for him.
You guys should let him be for God's sake. I beg una. Anybody who just jumps into the thread and decides to follow anyhow should take anything he gets.

We're supposed to dyor on anything. There're many silent followers who have noted what's going on.

Let sanity return to this thread. Its tiresome to come and see three pages and skip everything.

We appreciate and understand what you guys are doing but let it follow a natural course and starve for attention.
Re: Crypto Currency Investors Thread by iLegenddd: 11:02pm On Oct 30, 2024
When my main account is out of ban, I'll create a thread called: Crypto Currency Investors Thread for Futures Traders ONLY.

There, I can post all my new findings and maybe, post the link here. I'll also repost some old ones that are essential. I have a lot of new info. I want futures traders to stay organised and for people to easily access my contents without swimming in dirt.
Re: Crypto Currency Investors Thread by Nobody: 11:23pm On Oct 30, 2024
iLegenddd:
When my main account is out of ban, I'll create a thread called: Crypto Currency Investors Thread for Futures Traders ONLY.

There, I can post all my new findings and maybe, post the link here. I'll also repost some old ones that are essential. I have a lot of new info. I want futures traders to stay organised and for people to easily access my contents without swimming in dirt.
I can't wait😎
Re: Crypto Currency Investors Thread by Ojemedad: 4:26am On Oct 31, 2024
iLegenddd:
When my main account is out of ban, I'll create a thread called: Crypto Currency Investors Thread for Futures Traders ONLY.

There, I can post all my new findings and maybe, post the link here. I'll also repost some old ones that are essential. I have a lot of new info. I want futures traders to stay organised and for people to easily access my contents without swimming in dirt.
Baba I greet u , much work you are doing.

For a suggestion about the futures traders thread, why not get use Telegram instead, because as time goes on some people will find ways to derail it, bring in many noise as we have here now.
Re: Crypto Currency Investors Thread by jyz200(m): 4:37am On Oct 31, 2024
been awhile here undecided
Re: Crypto Currency Investors Thread by harry2sexy(m): 5:22am On Oct 31, 2024
iLegenddd:
When my main account is out of ban, I'll create a thread called: Crypto Currency Investors Thread for Futures Traders ONLY.

There, I can post all my new findings and maybe, post the link here. I'll also repost some old ones that are essential. I have a lot of new info. I want futures traders to stay organised and for people to easily access my contents without swimming in dirt.
Please o, nor be champions league I come play, I came here to become better at Futures trading
Re: Crypto Currency Investors Thread by Ojemedad: 5:44am On Oct 31, 2024
We the future traders are waiting, if nor be futures nor be trading 😂😂.


NB: If your mind nor carry futures nor enter o, e get why
Re: Crypto Currency Investors Thread by doyin01: 5:47am On Oct 31, 2024
Trade like a champion that cannot solve ordinary simple maths , and still arguing blindly.. what a useless clown..


For example if a person bought 1 bitcoin for $70,000 , it means $70,000 left his or her pocket...then later the same bitcoin price went to $35,000 (50% decrease), that means the 1 bitcoin the person have is now valued at $35,000...so since the person spent $70k , and now have $35k...it means the person lost half of his or her money(from 70k to 35k)half of 70k is 35k...simple maths that even a primary school child can solve...yet this clown cannot solve simple maths and he is still talking nonsense disturbing the peace of the thread ....mtchewwww...
Re: Crypto Currency Investors Thread by iLegenddd: 6:22am On Oct 31, 2024
Re-quoted so you can refresh your brain about Oktoba.

iLegendd:
5. OKTOBA: THE 10TH MONTH — THE SPECIAL NUMBER. HISTORY FROM 2010 TO 2024.


Below is how Oktoba behaved from Inception. As you already know, we are in Oktoba of RELAX YEAR.

I have put them in bold text. Pay more attention to the relax year and see how it behaved. From there, you'll get an idea. I'm not saying history must repeat itself, but at least, you'll get an idea of Oktoba's previous behaviors in relax years.

In 2010, Buy Year, Okto.

Oktoba built itself from 0.01 to 0.2. Nov. of No-DJ pushed it to 0.5 before Dec. sent it down to 0.17 while Jan. raised it to 0.95.

In 2011, Buy More Year, Okto.

Oktoba didn't take any action. He was busy crying because of the MT Gox hack massacre. He lost focus of either to rise or join them in drinking blood. He was in shock. Dec. and January of No-DJ helped out and pushed it to 7.19.

In 2012, Relax Year, Okto.

Oktoba, the good guy, first sent it down to 9.78 before pushing it up to 13.10. Since this is relax year, it didn't want to do any magic yet, so it was a small red candle for Oktoba, but still did wonders and the next 6 months were green. That says a lot already about the 10th month — The GOAT. It opens doors for big moves 90% of the time.

In 2013, Sell Year, Okto.

Oktoba initially brought it down to 110.00 before shooting it up to 234.14. Nov. of No-DJ sent it straight to 1,244 while Dec. dumped it to 456.95. Jan. pumped it to 995, approximately 1,000, the following year.

In 2014, Buy Year, Okto.

Oktoba pushed it down to 274 before pushing it up a little bit to 415 while Nov. of No-DJ sent it up a bit to 475.40. Dec. brought it down to 303 while Jan. finishes it by dumping it to 171 or 167 (depending on the exchange).

In 2015, Buy More Year, Okto.

Oktoba moved from 236 bottom to 336 top and No-DJ moved to 506.86 in Nov. and dumped to 348.15 in Dec. In Jan., the following year, it maintained Dec's range.

In 2016, Relax Year, Okto.

Oktoba, always good, moved from 609 to 720 to set the stage for some fire.

In 2017, Sell Year, Okto.

This is Sell Year, so any dump at this moment is a blessing. Okto moved from 4.1k to 6.5k top and it eagerly hands the baton to No-DJ that is way more eager for parabolic moves.

In 2018, Buy Year, Okto.

Since this is a bear market, you shouldn't expect much, but any giant dump from here makes No-DJ's final dumps come quicker. It initially pumped to 7.6k, but slumped to 6.2k to give way for November's giant dump.

In 2019, Buy More Year, Okto.

Okto is always strong, so it pumped to 10.4k before succumbing to 7.3k, but the monthly candle was the only one in green among the three before it and the first 2 after it. No-DJ's first two months pushed it down to same price of 6.5k.

In 2020, Relax Year, Okto.

Oktoba, the special number 10 month, went on a 6 months green candle with minor and some heavyweight wars (now in 2021's sell year) when Elon Musk started tweeting about Doge coin and BTC topped in FeMA month of April, being 2021, at 64.8k. This is not the final top though, but there needs to be some 50-70% correction first. The pumps was too much. And as you know, too much of anything is bad.

In 2021, Sell Year, Okto.

Oktoba did its wonders again and pushed it to 66.9k as Nov. of No-DJ took it to 69k top to finally stop the show from going forward for the bull run.

In 2022, Buy Year, Okto.

Oktoba tried to be good as usual and gave some green, but Nov. of No-DJ came and shut it down to 15.5k. Dec. couldn't go up or down, so Jan. (2023) came and pushed it to 23.9k. and the game began exactly as it used to all over again. The pairing is important.

In 2023, Buy More Year, Okto.

Oktoba, as usual, pioneered another 6 months of green as it did in Oktoba 2020 with a couple of tug of wars, especially in January, the following year, just as it also went through a tug of war in January, 2020.

From history, Oktoba of Relax Year is a good time to long with all your heart and leave in January's pumpiest day, then re-enter in January's bloodiest day — which you'll also exit in FeMA month, especially April if it pumps.

If FeMA doesn't pump, then you'll wait for MJ to render some help (if there is still some kindness left in him) before you leave and prepare for JAS bloody months to rebuy. Remember, things might switch up a bit, but they'll always come back to rhyme as usual.

In 2024, Relax Year, Okto.

Oktoba, the king of 5-6 months straight green (even when Okto itself is red) awaits to receive what Sept. couldn't suck to give it a new life. He is the GOAT, the number 10 — the man that knows what he's doing even when he stands still on the pitch.

The man that brings joy to men and woman with the way he dribbles the ball to the post for 5-6 straight months with some back and forth tug of war which he always comes out triumphantly in No-DJ or in FeMA months (depending on the BTC season we're in).

If it's not Sell Year, then there will be a battle in January, which he always wins. If it's Sell Year, then the battle ends in either Nov. or Dec. Oktoba, we love you — you never disappoint. You've always been faithful in every season or at least, 90% of the seasons.

Summary

Whichever dump you see in Oktoba, buy with every fibre in you except that Oktoba is in a bear market.

Long the market with most of your Cascading accounts.

Takeaway: 50-60% of the time, Oktoba will first of all do a fake-out (dump) multiple times, that will go below the price of September to scare weak hands before it'll get ready for wonders.

Off topic: I heard another COVID called XEC is out and Iran vs Israel has also escalated.

All these things are planned for the stock market to crash so that Warren Buffet and co. can rebuy for 2025 bull market.
Re: Crypto Currency Investors Thread by Alexas58: 6:38am On Oct 31, 2024
doyin01:
Trade like a champion that cannot solve ordinary simple maths , and still arguing blindly.. what a useless clown..


For example if a person bought 1 bitcoin for $70,000 , it means $70,000 left his or her pocket...then later the same bitcoin price went to $35,000 (50% decrease), that means the 1 bitcoin the person have is now valued at $35,000...so since the person spent $70k , and now have $35k...it means the person lost half of his or her money(from 70k to 35k)half of 70k is 35k...simple maths that even a primary school child can solve...yet this clown cannot solve simple maths and he is still talking nonsense disturbing the peace of the thread ....mtchewwww...
Calm down

Them wan open thread for una for futures

Then una no leave this place na, go dey make una 6 figures

Calm down… fowl yansh go soon open!

Na here we dey

Signals go dey pour for the futures thread na
Re: Crypto Currency Investors Thread by Alexas58: 6:39am On Oct 31, 2024
iLegenddd:
When my main account is out of ban, I'll create a thread called: Crypto Currency Investors Thread for Futures Traders ONLY.

There, I can post all my new findings and maybe, post the link here. I'll also repost some old ones that are essential. I have a lot of new info. I want futures traders to stay organised and for people to easily access my contents without swimming in dirt.
Start with this one
No need to waste time!


Make I fund my wallet

Which crypto app are we using boss?

I’m about to become a millionaire with your signals!
Re: Crypto Currency Investors Thread by Alexas58: 6:40am On Oct 31, 2024
Ojemedad:
We the future traders are waiting, if nor be futures nor be trading 😂😂.


NB: If your mind nor carry futures nor enter o, e get why
We are waiting patiently
Re: Crypto Currency Investors Thread by iLegenddd: 6:42am On Oct 31, 2024
Just the same way I posted about Oktoba, if you want me to post about November, in few days time, click like. If you want it posted in only our futures thread, click share.
Re: Crypto Currency Investors Thread by doyin01: 6:46am On Oct 31, 2024
Alexas58:
Calm down

Them wan open thread for una for futures

Then una no leave this place na, go dey make una 6 figures

Calm down… fowl yansh go soon open!

Na here we dey

Signals go dey pour for the futures thread na
The thread is not for those that cannot solve ordinary simple maths of 1+1...
Re: Crypto Currency Investors Thread by doyin01: 6:47am On Oct 31, 2024
Alexas58:
Start with this one
No need to waste time!


Make I fund my wallet

Which crypto app are we using boss?

I’m about to become a millionaire with your signals!
I thought you claimed you were a millionaire already ??
Re: Crypto Currency Investors Thread by Alexas58: 6:48am On Oct 31, 2024
doyin01:
I thought you claimed you were a millionaire already ??
So that sanity can be restored to this thread

If u see me there
Lemme kpeme

So you people can channel your energy towards using all your alt monikers

But this will be the greatest challenge!

Cos everything will be public m
If he jones

E go loud

Na futures trading signals ba !

You cannot even time market correctly on spots

You want to trade margin or futures 🤣🤣🤣🤣

Futures and margin trading are the same!

Incase you want to say rubbish

I wish you Goodluck

Now you have to prove yourself to be a trader and everyone can see it

Now we will know who has been hating

This one no be Chere kambia
Re: Crypto Currency Investors Thread by iLegenddd:
I love a coin that makes moves like this, then becomes confused when it hits 50-60%. This is where 5.3, greed and psychology is needed the most. And this is where newbies always act with emotions.

I have studied it and done it a trillion times that it's so easy to take advantage of it. Go $HARD or go home.

Strategic risks = gains.

Re: Crypto Currency Investors Thread by doyin01: 6:57am On Oct 31, 2024
Alexas58:
So that sanity can be restored to this thread

If u see me there
Lemme kpeme

So you people can channel your energy towards using all your alt monikers

But this will be the greatest challenge!

Cos everything will be public m
If he jones

E go loud

Na futures trading signals ba !

You cannot even time market correctly on spots

You want to trade margin or futures 🤣🤣🤣🤣

Futures and margin trading are the same!

Incase you want to say rubbish

I wish you Goodluck

Now you have to prove yourself to be a trader and everyone can see it

Now we will know who has been hating

This one no be Chere kambia
Bla bla bla
Re: Crypto Currency Investors Thread by Alexas58: 6:59am On Oct 31, 2024
doyin01:
Bla bla bla
I wish you people Goodluck on your futures thread!



Stay Paid

Stay blessed ❤️

Trade and think like a champion
Re: Crypto Currency Investors Thread by Alexas58: 7:05am On Oct 31, 2024
Watch how they’ll shy from opening the futures thread and instead will start littering here!

If e sure for you!

Open that thread

Now we will know who has been hating
Re: Crypto Currency Investors Thread by iLegenddd: 7:16am On Oct 31, 2024
Talking about the $Hard coin I posted, here is a 5.3 and 3.5 calculation.

MONTHLY

Monthly bottom of October is 0.0991

0.0991x5.3 = 0.525
0.0991x5 = 0.495
0.0991x3.5 = 0.346
0.0991x3 = 0.297

DAILY

Daily bottom is 0.12

0.012x5.3 = 0.636
0.12x5 = 0.6
0.12x3.5 = 0.42
0.12x3 = 0.36

From the monthly and day, the fastest to reach is $0.297.

As someone using a good leverage and infinity stop loss, taking first profit at that price isn't a crime.

The profit range is 0.3 to 0.6. I'm not recommending you buy the coin, I'm only saying that's how it'll most likely play out after a couple of fake-outs.
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