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RE: Steemit Crypto Academy | Season 4 Week 1 | The Bid-Ask Spread| Homework for Professor @awesononso
Hello @jyotisingh,
Thank you for taking interest in this class. Your grades are as follows:
| Criteria | Calculation |
|---|---|
| Presentation/Use of Markdowns | 1.5/2 |
| Compliance with Topic | 1.5/2 |
| Quality of Analysis & Calculations | 1.2/2 |
| Clarity of Language | 1.3/2 |
| Originality & Expression | 1.5/2 |
| Total | 7/10 |
The following caught my attention:
Ask Price: - Ask price is a highest price offer by a seller for his crypto in market for Selling.
Bid Price: - Bid price is a lowest price offer by a buyer in market to purchase a crypto.
The ask price is the lowest price by a seller while the bid price is the highest price by a buyer.
Feedback and Suggestions
You should try to be clearer in your explanations.
There are a number of points missing on the topic.
In your illustrations of slippages, it was not clear if the orders were buy orders or sell orders.
Thanks again as we anticipate your participation in the next class.
Thanks for your suggestion, point noted