Steemit Cryptoacademy Re-submitted Homework task||Season-2||Week-4||For Voting To Professor @stream4u |Margin Trading & Crypto Leveraged Tokens Trading.By@usman77
Hello friends,I hope that you are all well.This is my home work post for professor @stream4u
In which I have discussed about Margin trading.
What is Crypto Margin Trading?
Margin trading is a crypto industry uses to multiply the prophit in less investment by taking loans from third party traders.Margin is the money borrow from another traders to purchase an investment.Margin trading involves buying and selling of securities in one single session.There are different trading sites provides different margins from 5x,3x to 100x.The area area of Margin trading is very wide.If you don't knowledge about different analysis than you lose your money.We must do a proper research in trading first.If I want to trade by using 10$ with Margin trading by taking 3x Margin so I am going to trade 30$ if it up or down then the amount also increase and decrease 3x times.In short you will loose all money in a certain you will make more money.
How to plan Crypto Margin trading?
You must analyze the current market first.You may knowledge different market places.And knowing the basics of Margin trading.You have to set your goals.When to enter or exit .If you are beginner than try to trading small investment.you have determined your goal.
Name of Crypto Exchanges that provides a Margin trading service and What Margin they provide?
Bybit 100x
Binance 1-125x
Huobi 3x
KRAKEN 5x
What is leveraged tokens trading?
There are different trading companies in the world offers leveraged token for trading in crypto currency.I will explain briefly using tokens in the market.like on Binance if we buy ethereum of 5x exposure when Bitcoin drop 1% it means etherbull will go up five times when etherbull goes down 3% and Bitcoin gain 1%.
How to plan for trading in leveraged tokens?
In leverage trading you have to seek all those points same as Margin trading.
Determine the exact entry point .
Determine the exit point and the type of leverage we want.
If you are beginner then never pull all your money.
Crypto Exchanges Name that provide leveraged tokens service and what Margin they provide in leveraged token?
Types of Margin
BULL X3
HOUBIT X5
BEAR X3
BITMEX X100
FTX 10x
Price Forecast For Crypto Assets XXXXXX. (This is same 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 amount price for next 1 week. You can predict for any direction upward or downward 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.)
Make the price forecast using BTC-USDT.
It continues upward with previous days.
The market keeps increasing every day
I think that by May 7 the BTC will reaching the point of rising resistance,2 days ago it was on 57442.34 USD
We can see through Fibonacci,between May 4 and may 9 open important changes in bitcoin with upward trend .perhaps it will be breakdown in some days.
Conclusion
This topic is good for learning Margin trading and leverage tokens.this is helpful for me.Margin trading is a good option for trading.we can get 2x,3x and 10x profit from Margin trading.As we know this is not very easy but I know that many persons will understand this perfectly.thank you so much sir.
Cc:
@stream4u
@steemitblog
@steemcurator01
@steemcurator02
Hi @usman77
Hope you are aware that the post expired after 7 days. You can re-post the task if the original post not curated, but you can re-post it after 7 days and not before that.
Ok thanks sir
kiya bna is post ka