Crypto Academy Season 2 Week 3 Homework Post for (@alphafx) - Trading and Holding

in hive-108451 •  4 years ago 


trading.jfif
fuente

☛ Introduction

Hello dear friends of steemit, This week, professor @alphafx examined the Holding and the subject of trade in maximum detail. I read the teacher's course article and now I'm doing my homework. I hope you like it

☛ (1)Do you hold any coins? Talk about the wallet type you prefer/would prefer holding in

if I have .. which by names they carry, ** TRX **: because it is one of the rewards that steem gives us for each post we create, ** STEEMIT **: because it is another of the main currencies that steemit gives us.
** BTC: ** It is also one of the currencies that we have ** BNB: ** this crypto currency is an excellent currency which I bought because I saw that its price is always on the rise and maintains an upward trend

☛ Binance wallet type:

I am currently using the Binance wallet because it is the one that I have used for a couple of years and it has been very useful and I have not had any inconvenience, it is totally safe for our savings and when trading.

☛ Do you like to save money?

Yes, I would prefer to hold since the benefit that I will obtain will be greater when the currency rises in value. And the purpose of a wallet is to save, then if I prefer to keep my cryptocurrencies.

☛ (2)With screenshots, show how to perform Spot Trading on any pair of your choice

b375373b-65ec-4219-a67c-61fe29f61a40.jfif

✼We Enter Binance And Clip On The Market

WhatsApp Image 2021-05-01 at 1.01.38 PM.jpeg

✼ We Select The Spot Market And Then The One To Exchange In My House TRX / BTC

WhatsApp Image 2021-05-01 at 1.03.24 PM.jpeg

✼ We select Buy or Sell

WhatsApp Image 2021-05-01 at 1.06.18 PM.jpeg

✼ 1 Price in Btc for every 1 TRX

✼ 2 Amount of TRX to buy

✼ 3 Total Amount Of BTC Per 1000 TRX That We Are Going To Buy

✼ 4 Button Where The Purchase Order Is Confirmed

WhatsApp Image 2021-05-01 at 1.09.50 PM.jpeg

✼ Sold

✼ 1 Amount Of BTC That They Are Going To Give Us For Every 1 TRX

✼ 2 Amount Of TRX To Sell

✼ 3 The Total BTC We Will Receive For All The TRX We Are Going To Sell

✼ 4 Button To Confirm The Sales Order

☛ (3) Holding or trading, which do you prefer and why?

I prefer holding ... Because basically holding is saving your cryptocurrency and waiting for it to rise to a very high price and there to be able to sell it and its process is easier unlike trading that its principle is to sell and buy, and depending on the market and its If volatility is favorable, operations are carried out so as not to lose capital. Holding is what I prefer because it is what I do with my cryptocurrencies, save them and sell them at their highest price.

☛ Conclution

The important part of this research is to show what kind of wallets are good and reliable when it comes to using and saving. We gave to explore the importance and the use that we give to our wallet as users of them. In conclusion, creating a wallet to protect your cryptocurrencies are easy processes since these will be the currencies of the future and in turn how to make purchases and sales of them through currency exchanges such as trading.

☛ Thanks to the teacher for this useful course.

CC:
@steemitblog
@alphafx

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  4 years ago (edited)

Scoring

QuestionScoreRemark
Question 11.5/2you did well with answering the questions here, all that was missing was proof in form of a screenshot that you are actually hodling the coins.
Question 22/2nice work here, very satisfactory.
Question 32.5/4nice work, but i would have loved it if you had detailed your reasons more.
Presentation1.5/2nice presentation.
TOTAL7.5well done, see you next time