Steemit Crypto Academy Week 12 - Homework Post for @stream4u

in SteemitCryptoAcademy3 years ago (edited)



81640.jpg

What Is Crypto Margin Trading?



Crypto margin trading this is very easy  if I give  you are simple definition that will be trading with  more money that you actually have   so in margin trading what we do is we go to exchange and we we give them something in collateral and then borrow funds from them for trading it can be e 1X  2x 5x 10x and you can do trading with that money let's suppose if you have 100 dollars and you borrow 100 more from the exchange now a few make profit you can keep the whole proper to yourself but if you are in loss you will have to pay the whole loss means it will be cut from the the  the funds that you already on and not from the exchange  I think it's a good thing but if someone knows how to do it right you need to be very careful with this this is a very risky investment



How To Plan For Trading In Crypto Margin Trading.


1 The first thing that you should do if you should understand the market closely you should take help from the professionals in the market and you should learn from their experience understanding the trading is the first part of the  trading you can even take courses for  learning

2  plan a strategy if you want to trade for a long term or for a short time this is very important you should know when you have to get out from the market and for how long do you want to trade there are people home trade for long term and then there are people who trade for short term bhaiya long term I mean one month it can be 3 months 1 year and for short term it can be 1 day 15 hours 10 hours anything first understand and create a strategy how long do you want to stay in the market

3 do a proper price forecasting before getting into a coin suppose if you are trying to trade on Bitcoin first do a proper price forecast because you should know a little bit about the coin price forecasting always give you 80 to 90% idea about the coin it will help you a lot in doing margin trading

4   don't put all your capital and  just one specific coin divide your capital in small parts and put them into different coins it will help you a lot

5  don't put the money that you can afford to lose in the market always put that money  the which you can afford to lose because the margin trading is very risky trading and you can lose all your money

Crypto Exchanges Name That Provide Margin Trading Service and What Margin They Provide?


 almost all of the Crypto exchanges provide the service of margin trading but it depends upon which exchange provide how much now I will give you a few names with the margin below

1     stormgain   upto  100x 

2     huboi          upto    3x

3     poloniex     upto   5x  

4     bitmax        upto   100x

5     binance      upto   125x 


What Is Leveraged Tokens Trading?



  there are two tokens the first one is called bullish token and the second one is called  barrish token now you can take idea from the names when you buy bullish token and when the market goes up your token will increase in value and venue by the bearer token and the coin goes down your token will increase in value  it means that you can predict the price of a coin both ways up and down and you can read on that so if you think that the market will go down you will buy where is token and when the market goes down and you will make  profit on that and when you think that the market will go up you can buy the bullish  token and vice versa

you can take leverage on these tokens there are many  exchanges that provide leverage on these tokens as I told you in the beginning now I hope that you understand what are leverage token Trading


How To Plan For Trading In Leveraged Tokens?

 my first strategy will be that I want to use a coin with the high level of volatility because there won't give me a time to take decision and to do my research on that coin you should always take the coin which has less volatility levels so that you can take a decision with a calm mind and don't take a penic decisions choose a coin with low volatility

 don't always try to bet on the app token you can also make money with the down token as well so don't always go for uptoken try to protect the down price as well the end goal is to make profit you can make that bi down token as well

Always put your risk capital into the market when doing something like this is very risky and you don't control this because the market cant be product hundred percent and you can lose all your funds

 choose a right exchange that you think will give me a good leverage on my tokens



Crypto Exchanges Name That Provide Leveraged Tokens Service and What Margin They Provide In Leveraged Tokens?


These are some of the exchanges which provide the service of leverage token and how much leverage they provide below

Binance   levrage upto 5x

FTX         levrage upto 3x

Houbi       leverage upyo 5x



Price Forcast For Crypto Assets XXXXXX. (This is similar question from last course, take any Crypto Assets Chart graph, as per its current price and its market trend predict its future price for only next week, what will be its future price for next 1 week.You can predict for any direction up or down but explain it properly on what basis you have predicted the price. What will be the possible low level and high level fornext week.).



For this case I will take the chart of BTC and I will try to analyse it and I will try to predict the price of BTC will it go up or down in the upcoming one week

 when we look at the graph we can see that there has been a really good support in the graph and by looking closely we can see that there is a lot of investment coming to the BTC and just by simply saying the green candles are more than read once and currently the market is in uptrend so I feel and I think ok that market will go up more in the upcoming time now we have to protect it for one week so I believe that it will go up in the upcoming one week


Capture.PNG

sacsac.PNG



Sort:  

Thank you for joining The Steemit Crypto Academy Courses and participated in the Homework Task.

  • look homework fine

Thank you very much for taking interest in this class

Grade : 6.5

thank you professor

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.030
BTC 58119.97
ETH 3054.21
USDT 1.00
SBD 2.26