Crypto Margin Trading & Crypto Leverage Tokens Trading | Homework by @salemumar5 | To Professor @stream4u

in SteemitCryptoAcademy4 years ago

بِسْمِ ٱللَّٰهِ ٱلرَّحْمَٰنِ ٱلرَّحِيمِ

ٱلسَّلَامُ عَلَيْكُمْ

Hy steemians hope you are having an amazing and blessed days, This homework task is for Sir @stream4u and where we gonna explore the context and concepts of margin trading and crypto leverage tokens trading. I had learned all the basics and easy ways of this trading and elaborate my work with you guys in a simple and easy way. So lets start the task.

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QUESTION #1 : WHAT IS MARGIN TRADING:

simple crypto trading

  • firstly you must know what is trading inn crypto, simply when You invest your money and earn profit when your asset value goes up this what simple trading is, for example your invested 1 BTC and buy any coin such as ETH and the value of ETH goes up then you will be in profit but you can imagine if you have 2 BTC then you will get more profit so this is what we will explore how this barrier can be evade and Binance and other exchanges facilitates us to get more profit.

Margin Trading

  • Now lets talk about margin trading basically in margin trading they give us the opportunity that bring your money to us then we will give you the buying power and you can do trades with your existing amount and earn profit. Although if ain't make good analysis then you will have to bear loss with respect how much leverage you made.
    The question arises what is leverage and margin is and how its work, So If you invest 1 BTC and leverage of 2x means it will double your amount 1 BTC become 2 BTC and suppose you are making 100$ profit but while using leverage trading upto 2x 3x 5x upto 15x are also provided by some exchangers but the main thing is that by using 2x profit will be not 100$ it will be 200$ but if you would get loss you will liquidate all your asset and the loss your own loss too and binance loss also gonna cut from your capital so it is highly liquidate market and risky to
    The higher the risk the higher the profit you will get.

QUESTION # 2

HOW TO PLAN FOR TRADING IN CRYPTO MARKET:

  • First the master thing is that you should analysis proper risk management as If you manage your risk than it trigger you at right point, so it will definitely give you best profit. As you will see a good trader always do proper risk management so do careful analysis and manage your risk with good facts rather margin will liquidate you.

  • Always pay attention to your surroundings that what news and hypes are arising from the market.

  • Your decision making should be accurate and do firm affirmations of your doing and never do greed.

  • If you are newcomer first make good experience in spot trading rather than margin because it make you confident on your trades than after taking entry in margin trading do short trades and not enter in big coins like BTC etc than start the trade.

  • As so far margin trading give you very juicy trades and profit but its is highly risky so don't listen to anyone rather than your mentors and experts who gave you right guide.

  • avoid doing overtrades is also on of the big mistakes that traders do taking position of your goal after achieving you target this will liquidate your earnings.

  • Always do your trades with perfect knowledge of market because this is on of the highly volatile market and not based on your feelings so you can see there is fast bearish bullish and consolidated trends are seen.

  • While taking entries do fundamental technical analysis and keep your grip on that so If you do that correctly definitely you will get juicy trades and profit.

QUESTION # 3

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

1: Bybit deals with four main pairs : BTC/USD, ETH/USD, XRP/USD, and EOS/USD, with 50x to 100x margin trading leverages.

2: Binance deals to borrow money over 40 different cryptocurrencies, with average leverage of only 5x and upto high 125x.

3: Bitmex deals six cryptocurrencies, the most famous being Bitcoin with 100x leverage and Ethereum with 50x leverage.

4: Poloniex deals more than 50 cryptocurrencies Bitcoin and Litecoin are most famous with leverage for margin trading is 2.5x

5: Kraken offers 2x to 5x leverages and trading margin in 6 different cryptocurrencies with their 16 different pairs.

So these above exchangers work as broker and provide us the opportunity to make good profit on the basis of your analysis.

QUESTION # 4

What Is Leveraged Tokens Trading?

Here you often heard about UP TOKEN and DOWN TOKEN this tokens basically varies with cryptocurrency like BTC ETH etc similarly you put your tokens in spot here you can also do same as get your tokens in wallet. Lets make this thing more easy by adjusting their concept with relations. YOU have btc here you can get upbtc and down btc firstly you suppose that bitcoin is pump 1% or dump with same so you can observe there you will get a moment of 1x - 4x leverages and it can be upper moment or down both can be happened upto market.

bullish trend

Suppose that the price of BTC is 50000 and it is pumped 1% in this case up token is pump upto 3x leverage and if market is bullish than up price is costly and down will be cheap and moment of 3x and price is 10% moment of 3x leverage make it 13$ high

Other hand downBTC will be goes down 3x leverages from price 10 $ it will be trend upto 7$.

bearish trend

Suppose if the same circumstances and BTC dump 1% f same price 30000 goes downward than down token will be pump 3x approximate and uptoken will show us the downward trend approximately 4x or 3x leverages.

So this trading of token up and down is basically deals with the major coin you chooses and you will be assumed the moment of 3x to 4x leverage.

QUESTION # 5

How To Plan For Trading In Leveraged Tokens?

  • One mistake that every one are held under this curse is that greed by simultaneously trading in too many markets can make you in loses and distract your profitable trading too.

  • you should be aware of market sentiments and up downs of market by using good technical analysis this will make you good tradable and profitable trader.

  • Always analysis the fundamentals of market and never take trades in the basis of one thing do your research widely.

  • Initially do short term trades and this make you more expert in leverage trading and always set your target if achieve your targets ain't be greedy this will make you liquidate.

  • Do trades in parts and as you achieve your target do more analysis via resistance and supports though this will ultimately increase your profit.

QUESTION # 6

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

  • Bybit provides users 100x leverage on their tradings in crypto currency. But Bybit only support five coins for tradings, BTC
    XRP
    ETH
    EOS
    USDT
  • FTX provides its users 101x leverage on trading. This platform is highly secured and have great liquidity for its users.
  • BitMEX provides users 100x leverage on trading on 6 crypto currencies but it is not available for U.S base customers.
  • Huobi Pro provide its user nearly 5x leverage on trading in BTC.

QUESTION # 6

Price Forecast 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.)?

I selected ETH/USDT as this coin is making many profitable trade seems to be give goo trades in future, althoug I have drawn basics of support and resistance all you can see how beautifully it breaks the ema of 21ema, 21ema is giving best analysis of this coin all I said never take trades on the basis of one coin do your proper analysis and then lets elaborate more resistance and support

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You can see how beautifully the indicators are giving their signals and how clearly they are breaking the resistance and the consistency of this coin although my analysis about this coin seems quite interesting and this can be examined by the screenshot below.
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one more thing while predicting the price also look what the news and hypes coming from the market this will give you more confident on your analysis that eth news are positive and my mentors give me good analysis from that I able to do good analysis.

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CONCLUSION:

The overview of this homework taught us that how can you do trades in super normal profits but it also aware us that this is more risky as the juicy profit extract, so do your analysis and sentiments good about your trades be confident and be expert than you can advantage of this trading otherwise if you are newcomer my suggestion to you is that do spot trading first from that you would be able to do more good trades in future, so this what I gain and I delivered in my best and easy way.

Hope you all get understood and thanks for giving a read take care and happy trading.

        BUY THE FEAR AND SELL THE GREED 

CC
@stream4u
@steemcurator01
@steemcurator02

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Hi @salemumar5

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

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Provided information are explained well. Everything is explained well, but on the price prediction topic, you have shown the signals and current graph, but the question was to predict the possible low-high price for the next week, this information is missing, here you could have done better try to go for more detail, explain the graph and provide details on what basis the possible low and high for the next week.
Try to be more informative while explaining the Graphs, you know what you seen a graph so you have to explain the same in Technical point of view.
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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
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 4 years ago 
 4 years ago 

Hy I am working since past 3 months and working very hard my reputation is also 56 but I ain't able to reached up 100 sp because my several post were not curated or upvoted I never power down my steem, even never withdrawn reward from my wallet please help me out because I am attached with this informative platform thank you waiting for your heavy support...
Regard @salemumar

Here you can look how immense and healthy post I made although achieved a good feedback please help me out
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 4 years ago 
 4 years ago 

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