Steemit Crypto Academy | Course By @stream4u - Crypto Margin Trading & Crypto Leveraged Tokens Trading.

in SteemitCryptoAcademy3 years ago (edited)

Hello steemians, I hope you are doing okay. This is my homework post for @stream4u Crypto Margin Trading & Crypto Leveraged Tokens Trading. The lecture was pretty much explained in the very simple and easiest way. Here take a look at my homework.

What Is Crypto Margin Trading?

Trading volume is a type of trading in which dealers take funds from many other investors or the broker of its own to maximize their value to a specific asset. Unlike conventional trading, which requires traders to fund trades with their own money, margin trading allows them to maximise the amount of money they may sell.
Trading volume appears to be a great idea at first peek: the chance to increase profits by 100X would pique every dealer's interest. Spread betting Bitcoin, on the other hand, has a drawback. When it comes to Bitcoin trading, using leverage to increase your position size carries a greater risk. Is it true that if you multiply your profits by100, you will owe an exchange 100 times your losses?

How To Plan For Trading In Crypto Margin Trading?

Margin investing, also known as leveraged trading, is extremely dangerous. Of course, when it comes to crypto, this form of trading is much riskier.
These are my plans for crypto Margin trading.

  • Starting with small amount of money that you can afford to lose is more necessary in the beginning stages. This way, rather than trying to maximise your profits, you will build trust and experiment with various strategies while focusing solely on learning how to trade.

  • For the amount borrowed or for payments, all loans have an interest rate. There is, however, a price gap between the crypto exchanges. Knowing how to calculate interest rates would give you a better chance of succeeding as an investor. Understanding a trading strategy without knowing how to calculate interest could result in a loss of capital, even if the trade is profitable.

  • When keeping a margin spot, always be extra careful of future events that might impact the market. Market prices can fall or rise dramatically as a result of Bitcoin ETF decisions. Investors may decide to buy Bitcoin on margin in anticipation of good news, causing a price increase before the report is published. Keep in mind the "buy the rumour, sell the news" scenario.

  • It's critical to pay attention to your position's liquidation price. The liquidation price is the price at which your position will be liquidated if the balance of your position is completely lost. Prepare for short and long squeezes, as well as other price manipulations, which could have an effect on your job, or even cause it to be terminated and liquidated. The primary aim of these actions is to liquidate other places by closing them out.

Crypto Exchanges Name That Provide Margin Trading Service and What Margin They Provide?

The includes a list of 5 short selling markets that enable you to trade Bitcoin and other crypto-assets on margin. Let's take a look at each one individually.

  • Binance Margin Trading
  • Bityard margin trading
  • ByBit margin trading
  • Huobi margin trading
  • PrimeXBT margin trading

What Is Leveraged Tokens Trading?

Leveraged Tokens allow you to trade help of relevant without having to worry about margin, liquidity, control, or uncertainty.
Fixed and variable leverages are available. The consolidation methods often aid in the maintenance of the goal leverage range.
Leveraged Tokens are not meant to be held; instead, purchase and sell them constantly.

How To Plan For Trading In Leveraged Tokens?

A leveraged token, like a conventional debt liabilities, offers you visibility to a crypto asset. It utilizes leverage to increase or reduce leverage relying on the market's course, as the name implies. As a result, before you start trading leveraged tokens,

  • To start, perform your own research and gain a detailed understanding of the basic crypto asset that makes up the leveraged token. The performance of leveraged tokens can be influenced by factors such as volatility.

  • Breakout strategies are one of the most efficient ways to profit from short-term movements. Leveraged tokens, as previously stated, do well in trending markets.

  • For leveraged tokens, trending markets are ideal. DOWN tokens that strive for inverse or short results are likely to perform well in a bearish environment. In a bull market, the UP tokens, on the other hand, should see significant gains.

Crypto Exchanges Name That Provide Leveraged Tokens Service and What Margin They Provide In Leveraged Tokens?

1-On BTC, Deribit just gives 100x leverage.
2-Bitmex provides up to 100x leverage.
3- KuCoin has a debt ratio of 10x.

Price Forcast For Crypto Assets XXXXXX. (This is similar question from last course, take any Crypto Assets Chart graph, as per its current price and its market trend predict its future price for only next week, what will be its future price for next 1 week.You can predict for any direction up or down but explain it properly on what basis you have predicted the price. What will be the possible low level and high-level for next week.).

I have slected XRP coin for this home work to check it support and resistance and i am predicting its price for the next week for my analysics .

Capture.JPG

as you can see the resistance was at 0.9 but it was broke and became support for xrp and the candle became green and the price went up but 4 candles were at consolidation and it got a little support and the price went up till 1.4 and t was at its resistance but this resistance became major support and the price went up till 1.84 but it has reached its major resistance and the price went down till 0.9 and in the past it was its major support and the price again started increasing till 1.4 which became its support and after reaching its minor resistance its got down and again reached till 1.6

My prediction

now its at 1.6 and its in consolidation period and its major resistance will be at 1.84 and if it will break then it will reach 2 dollars and if it remain here then its minor resistance is at 1.60 and it will fall down an after reaching major support which will become its major support then it will bounce back and breaking its minor resistance at 1.60 then the price will be around 1.87 something.

Conclusion :

As a result, I find that the best research is extremely beneficial for beginners interested in financial markets and utilised cryptocurrency trading. The subject was very much in a way that everyone could recognize it, and it will give them the courage to enter the trading environment. It explains all of the big precautions for new investors who are deciding to choose whether or not invest. That's all I have to say from my end.

#stream4u-s2week4 #cryptoacademy

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Thank you for joining The Steemit Crypto Academy Courses and participated in the Homework Task.

  • are you talking about the old chart of xrp or fresh, your given xrp info predict that you are looking very much chart, if i observe ,xrp was $1.54 / $1.71

  • need detail about this area Leveraged Tokens Trading to explain your view of this topic

  • always try to add more chart to explain this area question , that give more good power of understand

thank you very much for taking interest in this class

Grade : 7

Thnks you so much ❤️

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