Crypto Academy/ Temporada 3/ Semana 1 Tema: ¿Qué es el comercio de Criptomonedas y en qué plataformas podemos hacerlo? Por @dulcem05
A cordial greeting to all the participants who contribute with the enrichment of their knowledge on this interesting subject, also to professor @ lenonmc21 for this great opportunity that he gives us beginners of this great interactive platform
- Defina con sus propias palabras que es el trading, cual es su función y como se relaciona con el mercado de las criptomonedas.
- Define in your own words what trading is, what its function is and how it relates to the cryptocurrency market.
This term of Trading is well known as the way that we can have to commercialize our economic resources in buying and selling, seeking to obtain better benefits when carrying out the required transaction, keeping in mind to be informed of the increases or decreases of the different assets, mostly used by great merchants. The important thing is not to have great profits from the beginning of the investment, if not, to not present any loss in the investments that we can make.
This type of platform has as its main function the purchase and sale of listed assets with a lot of market liquidity, either in shares or in currencies. Relating the commercial operations in that of buying an asset to sell it at a higher price or sell an asset, to buy it again at a lower cost, this process being a coming and going of digital information that if we manage to make a good investment we get good profit margin.
Giving us the possibility of making legal transactions that if we have the necessary knowledge of the current market value price at the time of selling or buying we will obtain net profits. The fundamental thing about this type of commercial transaction is that you have to know the right moment of demand, purchase and supply to carry out the transaction, whether it is a purchase or a sale.
- Defina y explique cuales son las herramientas utilizadas para el traging ( análisis técnico y análisis fundamental) y de al menos un ejemplo de cada una. ( se requiere capture de pantalla).
- Define and explain which are the tools used for traging (technical analysis and fundamental analysis) and at least one example of each. (screenshot required).
Since Trading refers to the purchase and sale of assets at the right time to obtain profits and be able to bet to win, it is essential to know its tools and their application at the exact moment.
Since this value is constantly changing, whether it is ascending or descending, two fundamental tools are applied that contribute their information by means of knowing exactly the movements of value or price.
First of all we have to, Technical Analysis, this very important tool that is used by traders since it helps them predict the future price movement, meaning that if the value is high we must sell and if the value is low we can buy, through this tool it allows us to follow the action and behavior that our virtual currency may have. This type of analysis allows us a way to visualize our investment in the form of a candle chart, which has a way of identifying the ups and downs depending on the value, identifying the ups and downs with a specific color, thus helping to orient ourselves even more in our investments. Minimizing the risk of loss and the chances of obtaining expected profits
In this analysis, take RSI as a reference, which means Relative Strength Index, being widely used by users. It is a scale located between 0 and 100, depending on its measurement compares them and you will see in the market where they indicate the value presented for a certain time of the Cryptocurrencies in this BTC / USDT graph, we can see that it had a rise of 35,297.71 and a volume (BTC ) of 81,011.61, then it began to decline, that is, to descend reaching 33,862.72 with a volume (USDT) of 2.80B
Likewise, we have the Fundamental Analysis that contributes to us through its investigations in relation to detecting through studies of events that arise around the news related to the rise or fall of the value of a virtual currency. This analysis, also known as macroeconomic, has as its main function the updating of its systems, thus contributing significantly to keeping users well informed in everything related to safe virtual investments, contributing to technological and economic development where it allows us to interact and obtain benefits and well-being based on updated information on the changes that may occur at a triggered moment.
One of the news that caught the attention of merchants in relation to the current value of Cryptocurrency was "The Chinese slap to the Cryptocurrency that made the Bitcoin collapse" being a super commercial power this country imposes new restrictions on Cryptocurrencies falling the bitcoin property to 20% presenting a crash of the most famous virtual currency in the world. Where the CEO of Tesla said in a tweet that he would no longer accept digital currency as a means of payment. Allowing this a considerable drop for investors.
3 Nombra al menos 3 plataforma Trading con mayor volumen de negociacion en las que podamos comprar nuestras primeras criptodivisas y explica con tus propias palabras la forma de comprar criptodivisas en esa plataforma. ( no usar Binance).
3 Name at least 3 Trading platforms with the highest trading volume in which we can buy our first cryptocurrencies and explain in your own words how to buy cryptocurrencies on that platform. (do not use Binance).
There are a variety of platforms where you can quote assets, the following being selected
Huobi Platform is always priced at the value of the dollar, it is very similar to private banking, you can have a deposit and you can withdraw or change it at the time you want, its difference is that your transaction is virtual. With these assets we can acquire any type of currency.
Coinbase platform, this digital currency cannot be altered in any way. It provides us with the facility that we need to buy a whole bitcoin, you can buy only part of what you want or need.
We have the Poliniex Platform, The guidelines of this asset allow new users to join the platform easily, working with a Marker / Taker method. The marker is the person who creates liquidity on the platform, who starts a buy or sell order.
For the aforementioned, I chose the Poliniex asset being one of the simplest to carry out transactions which are the following steps to follow to create an exchange portfolio in this case use poliniex, I went to the main page and clicked.
On the platform we must place a series of data to continue with the process which are: email, place a password of our preference, and then we click on the verification button.Once the data is verified we click on continue.
Next comes a notification that we must check the mail to start with the account.
We access the email, read the instructions and there it asks us to verify the email and click on verification.
Then it asks us to verify our identity in the official application, there we click and log in, put the email, the password and click on start session.
And that simple create my exchange account.
CONCLUSIÓN
Con la creación de esta billetera y con la firme convicción que muy pronto empezaré con las transacciones virtuales, me siento agradecida por haber realizado está investigación referente a El Trandigs el cual nos instruye de como visualizar la importancia de la inversión de la Criptomoneda y como saber el mejor momento para invertir. Muy agradecida con el profesor @lenonmc21 de esta cátedra el cual nos dió orientaciones del tema, siendo un contenido entendible, y aunque soy principiante me gustó mucho haber participado en este curso. En espera de poner en práctica el conocimiento adquirido en cuanto a el significado, sus ventajas y de como ser participe de este modelo de comercio virtual que nos trae beneficios si conocemos bien del tema. Gracias por instruirnos en nuevos e importantes temas de economía los cuales las Criptomoneda son el futuro del mundo comercial.
With the creation of this wallet and with the firm conviction that very soon I will start with virtual transactions, I feel grateful for having carried out this research regarding El Trandigs which instructs us on how to visualize the importance of investing in Cryptocurrency and how to know the best time to invest. Very grateful to the professor @ lenonmc21 of this chair who gave us guidance on the subject, being an understandable content, and although I am a beginner I really liked having participated in this course. Waiting to put into practice the knowledge acquired regarding the meaning, its advantages and how to participate in this virtual commerce model that brings us benefits if we know the subject well. Thank you for instructing us in new and important economic topics which Cryptocurrencies are the future of the commercial world.
Excelente 🤗🤗