Steemit Crypto Academy | Course By @stream4u - Crypto Margin Trading & Crypto Leveraged Tokens Trading. @omar2021
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I will execute my task about margin and leverage in trading, I have read your lecture and I feel very inspired to do the task, this topic is very important to take into account. Thank you Professor.
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What Is Crypto Margin Trading?
A margin trade is the action of asking for a certain additional percentage based on your base balance through a crypto exchange house, normally many investors tend to avoid this type of actions because they are very delicate and highly risky, this action is known for percentages that multiply the investor's initial balance as much as he wishes to do so and once that is done, he can carry out trading or holding through this margin action, if he invests $ 10.000 with a margin of x10, he would already be trading with $ 110.000 and the profits would be subject to that amount, of the same will be the losses, will also be subject to a base of $ 110.000 in variation of your balance of $ 10.000, if in the course of a sudden drop you lose $ 10.000 of your total income, the crypto exchange house closes the operation automatically, if we see it from another angle and you run with the fortune that the trend is upward, your income can be very large, because they are based on the $ 110.000.
How To Plan For Trading In Crypto Margin Trading.
* The first thing is to know very deeply the coin that we are investing.
* We carry out a strong technical analysis, then the best we can find from the fundamental analysis and we do a deep sentimental analysis, the latter we have to be careful of the false news that runs on social networks.
* Have several strategies in which you already know very well and can work on margins.
* Take care of the volume and capitalization of the Coin.
* Above all have patience, calm and tranquility, do not enter into sentimental or difficult moments, when we trade we have to be in serene peace.
Crypto Exchanges Name That Provide Margin Trading Service and What Margin They Provide?
* Exchange house Binance has a 5x margin trading service.
* Poloniex exchange house has a 2.5x margin trading service.
* BitYard exchange house has a 125x margin trading service.
* Kraken exchange has a 5x margin trading service.
* Deribit exchange house has a 100x margin trading service.
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What Is Leveraged Tokens Trading?
Some crypto exchanges have removed this type of action from their list for leverage, as it is something extremely difficult to encrypt, leverage trading has given by tokens that acquire the value of the slope of a diagram, (BTCbull) to go on the rise or (BTCbear) to go down, to win through this action, we must implement a rigorous technical analysis and a prediction on the value of the extraordinary token, this action is preferred for many trading with a strong experience, since it It is better to implement this type of action in the short term because the market tends to go up or down all the time, it never tends to go one way.
How To Plan For Trading In Leveraged Tokens?
* You should never be governed by information with few bases in a social network.
* Work with a good strategy.
* You must handle the price prediction very well because here it is needed very well, without errors.
* sell your tokens at small profit margins.
* be very calm and calm physically.
Crypto Exchanges Name That Provide Margin Trading Service and What Margin They Provide?
* Huobi exchange has a 5x leverage trading service.
* Kucoin exchange house has a 10x leverage trading service.
* Kraken exchange house has a 5x leverage trading service.
* Bitmax exchange house has a 3x leverage trading service.
* FTX exchange has a 3x leverage trading 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.).
The first thing I look at for my BTC-USDT price forecast is the trend and rectification points. Here it indicates that it is in the form of a hike.
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I take the white line as a dividing median line of two margin points up and down, the see line I take it as one of the resistances that BTC must break to go to 60k, and the red line is a buy support that does not allow the value to reach 48k, my price forecast is that it will continue to oscillate in parallel to continue its decline to 53k and then go higher to try to break the resistance of 60k.
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Conclusión.
Both the margin and the leverage are two completely strong actions for a beginner, so if you are a newcomer, my recommendation is to study this topic very well, and above all you have to have with you a market strategy in which you feel good, because margin and leverage if you perform a wrong action, your money will go to the ground. This task left a lot to think about and a lot to experiment with on margins and leverage.
cc:.
@stream4u
@steemitblog
@steemcurator01
@steemcurator02
Hi @omar2021
Thank you for joining The Steemit Crypto Academy Courses and participated in the Homework Task.
Your Homework Task verification has been done by @Stream4u, hope you have enjoyed and learned something new.
Thank You.
@stream4u
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