Crypto Academy Week 12 | Homework Post for @stream4u | Crypto Margin Trading & Crypto Leveraged Tokens Trading

Hello..!!

My Dear Friends
This is @ns-porosh from Bangladesh 🇧🇩

How are you all? I hope you are well by the grace of God.I am well with your prayers and mercy God's grace.At first of all thank you to the sir @stream4u. Your lesson provides a lot of information on homework tasks.

What Is Crypto Margin Trading?


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Crypto margin trading is a trading that allows a trader to form a specific asset with capital from other traders in exchange for another currency and use that property for trading. No one can do crypto margin trading on their own. He must take the help of a third party to trade. This type of business is very risky. The risk is even higher for new traders. Truth be told this trading was made for Forex trading which has no high volatility even their leverage is never too high.

Crypto margin trading is also commonly referred to as leverage trading. Leverage is the amount by which a trader is able to multiply their position.This means that if a person has a capital of 100$ and he is willing to invest this100$ through crypto margin trading, he can trade in 2x, 3x, 5x, 10x, 25x, 50x, 100x. That means if he trades with a 100$, 5x profit on his capital, another 500$ will be added to his capital.Now his capital is $ 600 and now he can trade with $ 600.

In crypto margin trading, there is a possibility of profit as well as loss. So in order to do this trading, technical analysis should be done first. As a result traders can make good profits in their business.

How To Plan For Trading In Crypto Margin Trading.


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  • First we need to analyze the different positions of the margin trading market so that we can gain more knowledge and become proficient in margin trading.

  • Before entering margin trading one has to try to learn everything about margin trading and create this mindset so that one does not get too greedy while doing margin trading.

  • The risk capital should be invested in margin trading in order to be more advanced and more profitable by margin trading.

  • You can start margin trading with the amount of capital you have while margin trading. Margin trading is an investment that starts with a small amount of money and then gradually increases.

  • It is important to make the right decisions when investing in cryptocurrencies. Because the crypto market is not stable, the amount of risk is high. This requires careful planning when investing in margin trading.

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

Binance
This is the top exchange site in the crypto world. Depending on the conceptual value of the position of the trader, the exchange on Binary offers crypto margin trading up to a maximum of 1-125 x.

Bybit
Bybit is one of the most famous crypto exchanges in the world.The best quality of all is that their fees are very low and they offer margin trading from 1x to 100x.

BitMax
Bitmax is a site where BTC margin is traded and provides 100 X leverage.

Poloniex
Polonix is ​​one of the largest exchange sites in the world offering 2.5x margin for business.

Kraken
Kraken is an acre exchange site with 2x to 5x leverage.

What Is Leveraged Tokens Trading?

The easiest way to trade leverage is with leveraged tokens.These tokens are ERC-20 tokens that maintain fixed or variable leverage. Leverage tokens i.e. ERC-20 tokens are provided by various exchange sites. However, different exchange sites follow different methods to balance their leveraged tokens. These tokens protect traders from losses in business and increase their chances of making a profit.

The biggest advantage of a leveraged token is that it offers a leveraged position at a higher profit, that is, at a cryptocurrency price, without sudden risk. For example: If you look at the price forecast of a currency, you can see that the price of the currency you are going to trade in the market will fall below the price at which you bought the currency. Then you can buy an optokon for that currency. Again if you realize that the price of the lightning coin is going up above the price at which you bought the coin then you will benefit. But if you think the price may go down again then you can buy down tokens for that currency and if the price of the currency goes down in the market then you can earn money from both sides i.e. up and down. In a word, you get leverage for each token.

The mindset of being greedy cannot be created while trading leverage and one cannot rely on a limited amount of tokens. Adherence to these two guidelines can save you from losses and benefit you.

How To Plan For Trading In Leveraged Tokens?


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  • Doing business in leveraged trading is very risky. For this, in case of trading in leveraged trading, one must have a good plan and sell the exchange site on which the trading and interest rate will be lower.

  • You need to gain experience by doing technical analysis of the market you are going to trade in. You can't even get knowledge from experienced traders. This will allow you to estimate the price of the cryptocurrency.

  • When trading in Leveraged Trading, try to trade multiple tokens instead of one token as this will not cause much loss to your capital.

  • Those who are new entrepreneurs must start trading with less capital and invest money while doing business which cannot be regretted even if it is lost.

  • Greed can never be dominated during leveraged token trading. Because it can cause you a lot of damage.

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

BINANCE: It is leveraged up to 1.25 x-4x
Provides token services.

Bitmax: It provides 3x leveraged token service.

Coinbase: It provides 3x leveraged token service.

Houbi: It provides 5x leveraged token service.

Kraken: It provides 5x leveraged token service.
Etc

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 fornext week.).


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I am a small businessman. I have some trx coins which I have bought and kept for many days. The current value of this currency is 0.00000301.Some days its price was low. Analyzing the market of trx technically I decided that I will hold it for one more week because now the price of trx is coming up. I have some gains coming in. It is likely to touch $ 0.172994 in 1 week.

Conclusion

By studying this lecture I have gained a lot of knowledge about crypto margin trading and leveraged token trading. Since crypto margin trading is risky, if I trade in crypto margin trading, I will definitely gain knowledge by analyzing the crypto margin trading market first. Even for business I will use risk capital and I will prioritize my greed. This will allow me to stay safe in business. Many thanks to Sir @stream4u for such a beautiful and interesting lecture.


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Hi @ns-porosh

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

Review Visit Level
Task Remark
Comment
Guidance, Feedback, Suggestions
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Verification (Done, Hold)
First
Completed
Provided information are explained well, but on Price Forcast you just mentioned technically I decided, here you could try to provide more details what you have noticed technically so that others can understand on what basis the price predicted.
Try to be more informative and specific details while mentioned Graph and explain it in more details from a technical point of view. Also, while using images from own charts study, try to put your name in free space.
7
Done

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
#affable

Thank you so much dear sir.I will try to do better next time.

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