💗✨ Steemit Crypto Academy Contest / S14W2 - Volatility in cryptocurrencies💗✨
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Asslam o alaikum how are you everyone? i am fine alhumdulillah🪷 so, today i am writing about an interesting topic
"Steemit Crypto Academy Contest " lets start.. Begin on this exciting Journey into the earth of cryptocurrencies i am enjoyed to Participate in the sharp challenge Presenting by the community. the volatlity of the cryptocurrencies trade is actually a big dipperter ride and perception its shade is critical for any trading Seasoned or beginner. Lets pitch into the complexity of cryptocurrency excitability Technical sign and the Future possibility of this energetic prospect.
In your own words, how does volatility affect cryptocurrencies? Is it beneficial or detrimental. |
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Cryptocurrency volatility in easy terms mention to the quick and Serious price movement of a Cryptocurrency benefit over a fixed period. for expert trading this volatlity can be a gainful moment give possibility to exploit on price oscillate However for starter it poses a Important trouble as quick option can lead tomaterial loses.
Name and describe a technical indicator that measures the market volatility of an asset |
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One essential tool for quantity trade volatlity is the centre true range (ATR). ATR view Price Gaps and is a adaptable measure to extent the level of volatlity. it Provides intuition into possible Price activity serving trading make literate option.
Describe the step-by-step to be able to include this indicator in the STEEM/USDT chart. You can use the Tradingview platform. Show screenshots. |
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1.open the trading view objective and charge the steem/usdt Traders Pair
2.click on the "Indicators"representation Search for average true mixture (ATR) and attach it to your figure.
3.adjust the situation Based on your Preferences Considering the want time Period for volatlity Analysis.
Explain in your own words, what happened to the volatility in the last month of the STEEM/USDT chart |
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in the over month the STEEM/USDT Chart expert movement that reflect the large trades. Volatlity measure like ATR may Have exhibit grow values during space of Important Price motion consider the forceful variety of the crypto traders.
Do you think the future of cryptocurrencies is more stable? Give your own opinion |
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predicting see the later of cryptocurrencies is link to expect the path of a fireball challenge even infuse with hope. While the cryptocurrencies extent is develop the basic nature of Strong matches guarantee and emergging technolaogies sugests that some level of volatlity may continue. however with increased promotion and managing simplicity the trade power witnes a slowly switch respecting stabelity.the extension resume and with it the possible for crypto to find a more balanced and sustainable footing in the Financial Landscape.
At last appreciation and traverse cryptocurrency volatlity is an important skill for any trading .its take opportunties or managging possibility reality provide with awareness and employ tools like ATR can create the cryptocurrency journey more satisfying. |
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✨🌺wishing everybody valuable trading and stable ocean in this cryptocurrency adventures✨🌺
i wii invited my beautiful steemit friend @rmm31 @daprado1999 @yoelmo26
🌸💗 thank you everyone🌸💗 |
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Hello nooruleman.
You have explained about volatility but I really think You should have explained about this concept in detail. It would have been better if you have added some images to explain about how to add this indicator. It is really a short post but It is good that you have given enough explanation in short manner about this topic.
I hope to see your participation next time.
Good Luck.
salam thank you for your feedback and suggestions.Good luck to you as well! 😊
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Well done but where is the screenshot ... By the way do very good 💯... Just try to improve more.
La volatilidad de las criptomonedas está bien definido como el cambio rápido de precios y que puede ser un momento lucrativo para un trader experto.
Planteas el uso del indicar ATR par medir la volatilidad, es una herramienta sencilla y fácil de leer.
Te deseo mucha suerte y éxitos.
greeting brother i appreciate your comment and I'm glad you found the explanation of cryptocurrency volatility and the use of the ATR indicator useful. Thank you for your well wishes and best wishes to you too. Have a great day brother😊
Upvoted. Thank You for sending some of your rewards to @null. It will make Steem stronger.
Good. Job Sir I have uploaded a blog about Role of Doctors in human life please support me
Thank you for participating in this engagement challenge and you explain all questions but this information is very brief
If I talk about question number 1 then you have tried your best to give us basic knowledge about volatility as well as if I talk about explanation of indicator in step by step way then you failed to explain it so I would advise you to please make a proper research at topic and then participate
Over all I have a lot of motivation for you so I would like to wish you success in your future posts
thank you for your amazing feedback. Your motivation means a lot to me, and I'll strive to improve. Wishing you continued success as well 😊
Hey friend indeed you wrote skillfully and powerfully, but I must say to you your post need more quality and more experience to create something that would attract more viewers or more opportunities from the internet
thank you soo muchh.😊
Greetings friend, you've made a great entry, but it would've been awesome if you have added some images to show how to add the indicator as it was asked of us.
It is great that it have provided enough explanation in a concise way, the images would have added beauty to it. Anyway, all the best.
thank you soo much brother for coming my post and read my post ....
Hello dear friend 👋
I'm glad to see your entry in the crypto academy challenges. You have tried very well in writing that article but there is something missing i.e screenshots of Steem/USDT chart , any of indicator and many more. But I really appreciate your efforts and I hope that you will do very well in upcoming challenges of crypto academy.
Try again and again until you conquer the whole Steemit platform 💪
thanks for your feedback dear i will consider adding more visuals in my future posts. Appreciate your support 😊
You are always welcome 🤗
Good. Job Sir I have uploaded a blog about Role of Doctors in human life please support me