Steemit CryptoAcademy Season 3week6/Beginners Course/Cryptocurrency Investment Tools

in SteemitCryptoAcademy3 years ago (edited)

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Source:istock
Hello steemians!
How are you guys doing? I am happy to be participating in this very 3week6 assignment presented to us by professor @reminiscence01 on coingecko,crypto-currency portfolio management and tradingview platform.
QUESTION 1: Explain coingecko and why it is a good cryptocurrency investment tools?

1(a).Having gone through what our professor taught in his work, I learnt a lot about coingecko markets for cryptocurrency. Coingecko therefore,is a market for cryptocurrency. Coingecko is a form of tracking website that provides to its users, varieties of digital assets and currencies,as well assist them by providing tools for a principal analysis of the current market. In coingecko, things are made easy, as users can invest in numerous products and services. For instance: the coingecko beam, coingecko mobile app and the website that provides information on the average prices of a particular cryptocurrency.

1a(I). Coingecko is a very good tools to invest in cryptocurrency because, it offers its holders the basics and fundamental factors that drives the market. It also aids the holders to know the coin ranking, entailing that coins are ranked in relation to its performance in the market.

1(b). Explore coingecko and explain at least 5 unique features of the platform.(take a screenshot of the page).

After exploring coingecko, I find out some unique features which are; podcast,buzz,blog,news and newsletters.

Podcast: while exploring coingecko, I found a place called podcast. In here, they produce only audio programs in a regular basis. The programs are entered in a digital form and can be played back in an audio player.
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Buzz: it only deals on major happenings around the world. It can be either rumours or information spread around the globe.
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Blog: In this phase, writers and authors are allowed to post their different creativities as well as opinions on various topics,in the form of articles-allowing a comment box under it.
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News: this entails tangibles,ideas and information necessary. In the news from,headlines are dropped and when you click on it,it takes you to the full body of the news.
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Newsletters: in this face,audience are limited and it depends on a periodic publication on current happenings and events.
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QUESTION 2: (a)Give a brief explanation of tradingview platform.(b). Explain the steps involved in adding indicators on a tradingview chart. (C). With relevant screenshots, explain how to modify the indicator you have added to your chart.

2(a). A tradingview platform is a technical analyzing platform that performs various social networking purposes for holders and traders of stock and foreign exchange, cryptocurrency screeners a chart forum.

2(b). The steps involved are;
-First,in your browser type in "tradingview" on the search bar.

-Click on "chart", a background will open showing some candle stick charts pattern.
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-Click on (fx) indicators.
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-In the search bar, input the line regression then choose it.
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-It will be added to your chart.
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2(c). To modify it
-click on indicator symbol as shown above.
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-Click on settings.
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-Select the scales, colours and press done.
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Now, you have seen that I have modified it by changing it's scale to 60.
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QUESTION 3: (a). In your own words, explain cryptocurrency portfolio and watchlist. (b). Explain the need for portfolio management.(c). Select 5 crypto-currency assets you wish to add to your watchlist and explain your reasons for selecting each of them.

3(a). Watchlist refers to an arrangement of cryptocurrency coins in order of their relative values. A watchlist refers to the collection all the invested stocks in its ranking. Whereas a cryptocurrency portfolio helps you to track the performance of your coins already invested or the one in target (ie the one to invest on in the future). The cryptocurrency portfolio provides investors with the analytical tools to track live market,pricing and feedbacks.

3(b).The need for a portfolio management are as follows;

I. The portfolio management helps the investors to make profit and decrease the chance of risking too much.
ii. It helps investors to make a wise decision on the best investment to carry on.
Iii It provides individuals and investors with good investment plan.

3(c). 5 of the crypto assets I would add to my watchlist are; Tron(trx), Hive, steem,BNB and Dash.
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Well, I would like to add Tron to my watchlist portfolio because, through blockchain like steemit,I can gain Tron easily. It also has a future value as more traders are engaging their self into steemit. Also, more people and many more authors are doing well in their proof-of-brain work. Steem too can be gotten in steemit blockchain through creative writing and other activities. We mine Hive from hive blockchain by writing articles. And both hive, Tron and steem can be easily milked through their different blockchain. So I would sell some to get BNB and Dash and add them to my watchlist too.

In my conclusion, portfolio management as well as coingecko marketing medium; in line with tradingview platform is very good for every trader and investor in market analysis.
Thanks.....

Sort:  

Hello @ezeemmanuel, I’m glad you participated in the 6th Week of the Beginner’s class at the Steemit Crypto Academy. Your grades in this task are as follows:

CriteriaRatings
Presentation / Use of Markdowns1/2
Compliance with topic0.5/2
Spelling and Grammar1/2
Quality of Analysis0.5/2
Originality1/2
Total4/10



Observations:

Explore coingecko and explain at least 5 unique features of the platform.(take a screenshot of the page).

You were requested to provide screenshots in this section.

Watchlist refers to an arrangement of cryptocurrency coins in order of their relative values. A watchlist refers to the collection all the invested stocks in its ranking.

This is not correct.a watchlist helps you keep track of crypto assets for potential investment.

Recommendation / Feedback:

  • The student have completed the assignment for this lesson.
  • The student also answered all the questions in his/her own words.
  • Your overall presentation is good. But you need to improve your writing skills by working on your markdown styles.

There are confusions in your work. Please spend quality time to understand the lesson before performing the task. Thank you for participating in this homework task.

Sir,I provided screenshots on that one

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