RE: Crypto Academy / Season 3 / Week 1- Homework Post for Professor @lenonmc21- Topic: Cryptocurrency Trading . Post by @kayduke
Greetings @kayduke. Thank you very much for participating in my first class corresponding to season 3 (week 1), in the "SteemitCryptoAcademy".
RATING: 9.6
Parameters | Rating |
---|---|
Presentation (Markdown Usage) | 2/2 |
Content (Topic Mastery) | 1.8/2 |
Quality of Analysis | 1.8/2 |
Spelling and Grammar | 2/2 |
Originality | 2/2 |
Total | 9.6 |
Remarks:
In question 1: You lacked to detail what is the relationship that trading has with cryptocurrencies, since, apart from obtaining profits through price speculation, it is also about satisfying the needs of these investors, since, there are many current ways to use cryptocurrencies, either for shelter and protection. Or to pay in different establishments. So in addition to speculation, these actions I mentioned above create a market.
In question 2: In the technical analysis you did not detail the fact that it also serves to obtain precise points of purchase and sale and additionally minimize the risk that exists in any operation in the market. You did not detail that, in the fundamental analysis, it is also important to investigate everything related to the company or project in question, to know the state in which it is monetarily speaking.
My comments and/or suggestions
Your work was very good, there were only some details that you did not contemplate in your assignment, which I made the necessary corrections in the observations. Otherwise it was a very good job. Thank you very much for participating.
Thanks Sir