STEEMIT CRYPTON ACADEMY || @stream4u -CRYPTO MARGIN TRADING AND CRYPTO LEVERAGED TOKEN TRADING HOME WORK DONE BY @kingworldline
Thanks to the wonderful lecture from my dear professor @stream, a new version a new knowledge, with regards to the new edition on crypto margin trading and crypto leveraged token trading which have being assign to carry out the following assignment.
QUESTION ONE ANSWER
Margin trading is all about lending operation that assist on asset or investment already to support the the capital investment in other to turn up a profit from it, which implies when the price of of crypto currency escalate at a higher rate.
further more the margin involve can be determinant of how much profit going to be made for example with the x2 to x200 regards to exchange as the positive can equally be negative as the case may be in the market flow, with a larger margin you can boost or account a larger profit on it, but the bad side of this is when when a contract is established and the market value gets behind losing to it initial investment this implies that you are at lost regards to your investment that the reason so many are not in backing on it due to the risk on it.
QUESTION TWO ANSWER
Planing for trading in crypto margin trading currency is extremely unpredictable, that is why is recommendable to invest on the what you can take care of due to the volatility which implies or tell that the future is uncertain, due to the uncertainty, that why they should be lay down rules or plan backup as follows.
1. Visualize the plan
2. Strategies your self well
3. Keep update to the trend
4. Invest as much you can loose
5. Maintain your range and stick on it
6. Consider the interest rate in your agenda
7. Make the necessary analysis before embarking on any margin
QUESTION THREE ANSWERS
1. KRAKEN= 5x
2. BITYARD= 12x
3. BITYARD= 10x
4. BINANCE= 5X
5. POLONIEX= 2.5x
6. STORMGAIN= 200x
All in margin
QUESTION FOUR ANSWER
This called leverage token trading is frail to embark on, with correct forecast, dividend can be reached.
Leveraging trading is ERC-20 token is license issued on a block chain which correspond to cryptocurrency with their service regards to their margin value which gives traders relief on collateral, which also help the traders to yield profit and this leverage token is not long hold investment since is volatile the price can depreciate at any moment.
Exchange have it margin at which it operate on at which many token changes the cryptocurrency trends.
QUESTION FIVE ANSWER
lay down plans in trading i leverage token
- Always fellow up and keep update on the trending
- Have a view over the risk involved and how to manage it
- Keep sentiment aside while trading
- Maintain your rules and your guild-lines
- Make a well planed analysis before going into any margin
- Obtain more knowledge on how trading works
QUESTION SIX ANSWWERS
Cryptocurrency names and the that provide leverage token service and what margin margin they provide in leverage token is as fellow.
- kucoin-- it provides x10 trading leverage token
- Hedge --it provides x1 trading leverage token
- Bitmax -- it provides 3x trading leverage token
- Huobi -- it provides x5 trading leverage token.
- Kraken-- provides x3 trading leverage token
QUESTION SEVEN ANSWERS
Base on analysis technically
Month chart view --- buy
the second is which is the a week shows the rise and fall of the trend
A day chart time to invest
CONCLUSION
Margin trading is all about risk.
Hi @kingworldline
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
Crypto Professors : Steemit Crypto Academy
ok correction noted sir thanks a lot professor