Steemit Crypto Academy | Course for @stream4u - Crypto Margin Trading & Crypto Leveraged Tokens Trading
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Introduction
What is cryptographic margin trading?
It refers to borrow from an Exchange to be able to bet more than the value I have in my balance by X1 - x100 everything will depend on the Exchange where we are borrowing to make the main investment remember to take the forecasts and make the respective analysis in the market as the teacher told us previously avoid losses of our capital we need before studies of the current market and get the entry point then so we can enter with an acceptable trading margin everything will also depend on our experience if you are a novice it is advisable to enter with X3 to gradually learn how this system is.
Example of magin trading
A great example suppose we have 100$ and we want to ask for a leverage loan then we are not going to X3 which will lend me 3000$ in the market plus 100$ that I had previously then I will lock them and I would be betting 400$ in the market suppose everything goes well the calculations go perfect and we win in the market then we would return the 300$ borrowed plus interest and we unlock the 100$ we froze and our profit we got remember to get out at the right time according to your strategy to maximize profits.
Don't forget that greed leads us to big losses and fear prevents us from making money control your emotions create a winning strategy by looking at the markets and analyzing each market before entering you should never enter a market blindly.
How to plan cryptocurrency margin trading?
Analyzing the current market using all the tools provided by our teacher @stream4u making a good study in technical analysis create a stop loss to protect our Investment determine entry points and exit points in important resistances.
Do not be greedy and be waiting for the currency to rise more this is always a mistake you have to determine the entry point at a resistance or consolidation margin at that point enter and exit at previous resistance points because at those points usually makes bounces if it does analyze the system again and take your decision to enter or exit or wait for you to give you an entry point.
Name the crypto exchanges that provide a margin trading service and what margin do they provide?
The most important exchanges so far are Margin poloniex X2.5 with a local capitalization margin, Binance with X5 for large capitalization, Kraken X5 for large capitalization Stormgain X200 for large capitalization remember that the higher your leverage the higher your profits and losses will be.
What is leveraged token trading?
They are tokens that are used in each Exchange to provide liquidity within an operation are used to leverage your operations within the Exchange these tokens can not be withdrawn until the operation ends also can determine trends such as bullish and bearish we have TORO with its Bull token marking the uptrend for operations, also BINANCE with its tokens BNBBUP OR BNBBULL mark uptrend and the token BNBDOWN or BNBBEAR marking downtrend. In HEDGE there is the HEDGING TOKEN which marks the downtrend.
Each Exchange has as representation a different token with which you can operate with leverage each token according to its indicated trend allows us to enter into operations and get profits if your analysis is correct also here we discard the possible liquidation of the trading margins. and allows us to obtain better profits but also being very careful in the chosen trends.
How to plan leveraged token trading?
Analyze the exchanges and the markets you are going to use.
Perform a technical analysis of the market you are going to trade
Define a token and a desired trend
Establish entry and exit points for trading
Perform a due diligence on the assets you are going to use
Implement a strategy and follow it to maximize profits
Calm our mind and body to start trading.
Name of crypto exchanges that provide a leveraged token service and the margin they provide on leveraged tokens.
Researching in the current market the exchanges that offer leveraged token are Kucoin X10 in lending, Bitmax X3 , huobit X5, and Kraken with X5 with a margin on lending. according to the research each one offers different margins with profit and % that we have to pay after finishing the trades.
Price forecast for crypto assets XXXXXX. (This is a similar question from the previous course, take any crypto asset chart graph, according to its current price and its market trend predict its future price only for next week, what will be its future price for next week. up or down direction, but explain it properly on what basis you have predicted the price. What will be the possible low and high for next week).
Analyzing BTC on 1 Day Charts
Analyzing btc in the 1 day chart we see the uptrend is in a process of consolidation in my opinion for next week will rise to 59mil 60mil to try to break those resistances if it breaks its trend will remain bullish for another period of time set but for the moment let's say that for next week if it can reach those important levels of bullish resistances and may break once again its levels of historical highs. In the news there is a lot of buzz regarding the adoption of the US banks to allow users to buy and sell BTC freely. of course this is only a buzz but it will push BTC higher and higher is quite interesting.
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Conclusion:
I have learned a lot in this assignment and researched each of the questions that the teacher sent us for this week's class I learned what are the tokens and what benefits they bring us compared to the business margins we learned to predict the future of a market besides preparing us to enter a trade we need to follow the strategies that we have been taught in the courses to be able to allow those gains and go accumulating a little more each try to decrease losses and maximize profits. thank you all thank you very much see you in the next assignment with the teacher @stream4u thank you very much.
Hi @leydy69
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