STEEMIT PAKISTAN Schooling || Crypto Margin & Crypto Leveraged Trading Tokens || By ahsanjawedsteemCreated with Sketch.

in STEEMIT PAKISTAN3 years ago

Greetings, Steemians!

I hope everything is going well for you. This is my post for STEEMIT PAKISTAN Schooling. Topic of my Lecture is Crypto Margin & Crypto Leveraged Trading Tokens . The lecture was essentially explained in the most basic and straightforward manner possible. Take a look at my Lecture below.

What Are Leveraged Tokens and How Do They Work?

Leveraged Tokens allow you to trade with a large amount of leverage without having to worry about margin, liquidity, power, or risk.
Leverage is available in both fixed and variable forms. Consolidation techniques are often used to help maintain the target leverage range.
Leveraged Tokens are not intended to be held; instead, they should be bought and sold on a regular basis.

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What Will You Do If You Want To Trade Leveraged Tokens?

A leveraged token, similar to a traditional debt liability, gives you access to a crypto asset. As the name suggests, it uses leverage to raise or decrease leverage depending on the market's direction. As a consequence, before you start trading leveraged tokens, make sure you know what you're doing.

  1. To begin, do your own research and learn everything there is to know about the basic crypto asset that makes up the leveraged token. Volatility, for example, can affect the output of leveraged tokens.

  2. One of the most effective ways to benefit from short-term movements is to use breakout strategies. As previously reported, leveraged tokens perform well in trending markets.

  3. Trending markets are suitable for leveraged tokens. In a bearish set, DOWN tokens that aim for inverse or short results are likely to perform well. The UP tokens, on the other hand, should see substantial gains in a bull market.

What are the names of the crypto exchanges that provide leveraged tokens services, as well as the margins they provide in leveraged tokens?

1-Deribit only offers 100x leverage on BTC.
2-Bitmex has a leverage of up to 100x.
3-KuCoin has a 10x debt ratio.

What Is Crypto Margin Trading and How Does It Work?

Trading volume is a form of trading in which a dealer pools funds from a number of other investors or its own broker to increase the value of a particular asset. Unlike traditional trading, which requires traders to finance their trades with their own money, margin trading allows them to sell as much as they want.
At first glance, increasing trading volume appears to be a brilliant idea: the opportunity to raise profits by 100X will pique any dealer's interest. Bitcoin spread betting, on the other hand, has a disadvantage. Using leverage to increase your position size when trading Bitcoin carries a higher risk. Is it true that if you multiply your gains by 100, you'll owe 100 times your losses on an exchange?

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How Can Crypto Margin Trading Be Planned?

Leveraged trading, also known as margin investing, is highly risky. Naturally, when it comes to cryptocurrency, this type of trading is far riskier.
This is how I plan to trade crypto on margin.

In the beginning, starting with a small amount of money that you can afford to lose is more important. Instead of trying to increase your earnings, you can create confidence and experiment with different strategies while concentrating solely on learning how to trade.

All loans have an interest rate, either for the amount borrowed or for the payments. However, there is a price difference between the cryptocurrency exchanges. Knowing how to measure interest rates would help you thrive as an investor. Even if the trade is profitable, not knowing how to measure interest will result in a loss of money.

Always be extra cautious of potential developments that might affect the market while holding a margin position. As a result of Bitcoin ETF decisions, market prices will fall or rise dramatically. In anticipation of good news, investors can decide to buy Bitcoin on margin, causing a price increase before the report is published. Remember the old adage, "buy the rumour, sell the news."

It's important to pay attention to the liquidation price of your position. If your position's balance is totally lost, the liquidation price is the price at which it will be liquidated. Prepare for short and long squeezes, as well as other market manipulations, which may affect your work or even result in it being terminated and liquidated. The primary goal of these activities is to close down other establishments and liquidate them.

What are the names of the crypto exchanges that provide margin trading services and what margins do they offer?

There's also a list of five short selling markets where you can exchange Bitcoin and other crypto-assets on margin. Let's take a closer look at each one separately.

  1. Margin Trading on Binance
  2. Margin trading on Bityard
  3. Margin trading with ByBit
  4. PrimeXBT margin trading Huobi margin trading

Q.) Price Forcast For Crypto Asset.

This is a follow-up question from the previous course: given any Crypto Assets Chart graph, forecast its future price for only the next week based on its current price and market trend. You can predict any price path, up or down, but you must clarify how you arrived at your prediction. What would the low and high points be for the coming week?
For this homework, I chose the XRP coin to check its support and resistance levels, as well as to forecast its price for the coming week for my analysis.

xrpbtc-apr11.png

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xrp TA-637485281491881380.png

As you can see, the resistance was at 0.9, but it was broken and became support for xrp, and the candle became green, and the price went up, but 4 candles were at consolidation, and the price went up until 1.4, and it was at its resistance, but this resistance became major support, and the price went up until 1.84, but it has reached its major resistance, and the price went down until.

My prediction is that :

It is currently at 1.6 and is in a consolidation period; its major resistance is at 1.84; if it breaks, it will reach $2; if it remains here, its minor resistance is at 1.60; it will fall; after reaching major support, which will become its major support, it will bounce back; and if it breaks its minor resistance at 1.60, the price will be around 1.87 something; and if it remains here, it will fall; after reaching major support, which will become its major support

In conclusion:

As a consequence, I believe that the best research is particularly useful for beginners who are interested in financial markets and have used cryptocurrency trading. The topic was presented in such a way that everyone could understand it, and it gave them the trust to enter the trading world. It outlines all of the important precautions for new investors considering whether or not to invest. From my end, that's all I have to say.

Achivement 1

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 3 years ago (edited)

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@haidermehdi

Good information collected.

 3 years ago 

Thank you

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