Steemit Crypto Academy | Course By @stream4u - Crypto Margin Trading & Crypto Leveraged Tokens Trading. @Dulce2
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Introduction.
When we make an investment in an exchange house, we must know that there are different methods, some more complex than others, in order to help increase your profits, but this implies that you are very careful in their use, because if you do not realize the More minimal detail, you can have a great inconvenience and it will not be good for your investment, the use of margins and leverage is a tool of many exchanges, but you have to be very careful when using this tool, because if you don't do it properly you will lose everything. In the next task, I will explain what these issues refer to.
What Is Crypto Margin Trading?
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A wide variety of exchanges place at their disposal this tool that allows the investor to maximize their investment in various multiples, investments by margins is a loan that allows you to carry out the Exchange to maximize your investments, each Exchange has its own type of margin and many of They have a great variety of cryptocurrencies for different margins, this tool is somewhat difficult to understand since it plays a lot with the multiple of your investment in a positive and negative way, making an example of this would be the following, we have an investment of $ 100 and we go to the Exchange where it tells us that there is a range from x2 to x5 on our investment to buy bitcoins, if we choose x5, it would be $ 500 on our investment, and in total we would have $ 600, but if the trend of bitcoin begins to decline when we make the purchase, the difference in losses is marked between the $ 100 of your investment x 5 of the loan margin, if the trend continues downward and t Your initial capital does not support the trend, the order is closed and you have lost all your money, but in the event that the trend rises, you can multiply your profits 5 times but you will have to pay a commission to the Exchange for having allowed the loan margin , this issue is complex to put into practice because you have to be sure of your investment.
How To Plan For Trading In Crypto Margin Trading.
° Have knowledge about purchase margins through exchange platforms and know the risk that these may have.
° Be constant and very dedicated to this topic.
° Be mentally strong.
° The time to implement your analysis and techniques on the cryptocurrency to invest is something that you cannot rush, because that will be the basis of everything.
° If you do not have experience, the common thing is to invest little money, to learn more every day.
° Learn from mistakes and above all, learn to take a breath before making a mistake.
Crypto Exchanges Name That Provide Margin Trading Service and What Margin They Provide?
° Kraken has a margin of 5x.
°Poloniex has a 2.5x margin.
° Binance has a margin of 2.5x.
° Huobi has a 3x margin.
What Is Leveraged Tokens Trading?
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Leveraged tokens are tokens that depend entirely on the market trend, this is super important to understand, because we must acquire this token through exchanges that have this action, for many of the exchanges they have their own tokens which are named the market trend, example: BTCUP, or BTCDOWN, we will also find the word appended to the initials of tokens such as (Bull) for high trend, and (Bear) for low trend. According to this we know that we can only invest through market trends, and with this we will have to be experts in trading to carry out an adequate analysis that defines strategic points in which we will enter the purchase of the selected token, in addition to this there are exchanges that They have additional leverage margins, which are margins x2, x5 and up to x100, of possible multiplier margins that can multiply your profits, but we already know that trading with margins is something extremely risky.
How To Plan For Trading In Leveraged Tokens?
° obtain a strategy already planned in trading and the necessary guidelines to carry a proper order.
° Your initial investment should not be money that you need for your daily use.
° calm your emotions.
° you need to thoroughly analyze the cryptocurrency market to invest
°Zero greed.
Crypto Exchanges Name That Provide Leveraged Tokens Service and What Margin They Provide In Leveraged Tokens?
° Deribit has a 100x leverage service
° Huobi has a 5x leverage service.
° Bitmax has a 3x leverage service.
° FTX has a 3x leverage service.
° kraken has a 5x leverage service.
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.).
My price forecast for crypto assets will be based on Cardano, (ADA).
My first strategy was through technical analysis on cardano, and it has given us an uptrend, and a small correction that it is making at the moment.
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As we can see in the 4-hour chart, the volatility of cardano (ADA) is hovering in the middle zone of resistance 1, which has several strong sell orders in that zone, but between the zone of support 1 and the Resistance zone 1 we have a middle zone in which my prediction will be that it will reach a value of $ 1,251 on that small red line and then go up, but if the BTC continues to fall due to its correction, it will also fall a little more, but when it finishes making the correction, it will possibly reach the values of $ 1.37 to $ 1.45 in the next few days, I would recommend waiting a little longer and buying in the area of $ 1,251 approximately.
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Conclusión.
Before this class I did not have much knowledge about Exchange margins in addition to the operations with leverage that we can find in many exchange houses, to obtain good benefits in these two procedures, we must carry out the operations carefully and through an established margin. Since its understanding is often difficult for certain people.
Cc
@stream4u
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Hi @dulce2
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