Steemit Crypto Academy | Course By @stream4u - Crypto Margin Trading & Crypto Leveraged Tokens Trading - Homework for @stream4u

in hive-108451 •  4 years ago 

This is my Homework for @stream4u and @yousafharoonkhan

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Question No. 1: What Is Crypto Margin Trading?

Crypto Margin Trading enables the users to fetch money with respect to their original funds to trade cryptocurrency on a particular exchange. In an alternative way, people can use their current cryptocurrency by purchasing funds to give their buying power a boost.

There is plenty of talk about this trading but for us, Crypto Margin Trading is an ideal way of boosting your respective returns. Most importantly, you should know when you are getting into when it comes to the investment of margins and borrowed money, etc. There is no margin for error regarding Crypto Margin Trading and every profit and loss should be magnified by the trader so that he can excel in the future.

The investors may improve on their buying power by offering more capital to invest in their respective shares. However, there is risk involved in it. The trader must know about what he or she will be getting when they are about to buy from Crypto Margin Trading. However, it is a risk that you can afford to take and it may bring you good luck for future purposes.

Question No. 2: How To Plan For Trading In Crypto Margin Trading.

There are certain guidelines that you need to look into if you are willing to plan for trading in Crypto Margin Trading. The guidelines are as follows:

  • You must know how to manage the risks when it comes to Crypto Margin Trading. Even though it is easier said than done, it is a necessity to overcome obstacles within this trading route. You cannot leave your accounts vulnerable to losses and liquidation.

  • When you are losing in trading, make sure you don’t double down. It is very easy to pull the trigger when things go wrong in trading and you may start to feel that you have lost everything that you made through hard work. However, you have got to believe that there is going to be a turnaround at a certain point.

  • You must avoid all the dogmas and the fixed trading values when it comes to crypto margin trading. In the business world, every trader has got his point of view of marketing and trading. However, there is a difference between having an opinion or being stuck with an opinion. That shows stubbornness from your side. For example, if you decide to long Bitcoin because you are sure that BTC is getting a bounce after the requisite technical analysis. The bounce may come, but it will eventually lose pace. Therefore, you must turn out to be a flexible trader who thinks about the long-term plan.

Question No. 3: Crypto Exchanges Name That Provides Margin Trading Service and What Margin They Provide?

There are some fundamental crypto exchange names that provide margin trading services. We will look into them and their margins below:

1:Bybit:

This exchange offers 100x leverage. The key features of it include futures and derivatives. Its fee starts at 0.075%.

2: Binance:

This exchange offers leverage from 1x to 125x. It provides 0.1% taker fees.

3:Bitmex:

Like Bybit, Bitmex also offers 100x leverage. It has the derivatives and a 0.075% of the taker fees.

4:Deribit:

This exchange offers 100x leverage. It doesn’t have derivatives and its fee starts from 0.5%.

5:Huobi:

This exchange offers 3x leverage, a lot lower than the other four exchanges. It encompasses the derivatives and 0.2% taker fees. It has future attributes.

Question No. 4: What Is Leveraged Tokens Trading?

Leveraged Tokens are also referred to as ERC20 tokens that encompass leveraged exposure irrespective of the margin, requirements, and handling. If we define it in another way, Leveraged Tokens are an ideal way to do leverage trading.

Leveraged Tokens Trading allows you to get exposure to different attributes regarding trading without looking much into the margin, handling, and risk associated with it. This trading enables you to get variable leverages. Most importantly, the rebalancing procedure enables you to maintain the target leverage range.

If you are associated with this kind of trading, you must know that the leveraged tokens are not made for holding. You must buy them and sell them by any means necessary.

Question No. 5: How To Plan For Trading In Leveraged Tokens?

There are 3 tips that you need to look into regarding leveraged token trading. We will go through them below:

  • You must know about the leveraged token that you have. You must do proper research about your asset and the underlying mechanisms that you must associate your asset with. There are factors such as volatility that can hamper the performance of these tokens. You cannot take these attributes for granted. Some crypto assets are more volatile than others. Therefore, you must be cautious with your own token.

  • You must know about the trading breakouts with leveraged tokens. This is an ideal way of acquiring short-term trends and trading benefits. As we have mentioned before, leveraged tokens perform really well in the trending market. Therefore, you must be aware of all the best trading exchanges in every situation. The best market movement happens when the prices are brought to the table from a respective range. For example, there is a breakout strategy called the Bollinger Bands indicator which allows the traders to know about the price volatility. In a volatile market, Bollinger bands widen and vice versa. Therefore, it can be a great innovation to get short-term benefits via leveraged tokens.

  • You must be aware of the trading trends associated with leveraged tokens. As we have mentioned earlier, the trending market is the best for leveraged tokens. In a volatile market, the down tokens will bring short-term performances and excel to great ceilings. In a contrasting market, the up tokens will attract massive gainers within the bully market.

Question No. 6: Crypto Exchanges Name That Provides Leveraged Tokens Service and What Margin They Provide In Leveraged Tokens?

If we talk about the Crypto Exchange Name that provides leveraged tokens service, the biggest name that comes to our minds is the Binance Spot advanced trading interface. Right now, Binance is the only exchange that manufactures or enlists Binance Leveraged Tokens.

Question No. 7: Price forecast of your favorite coin, predict the price for next 1 week?

Price forecasting is much more important when we investing in a coin or holding a coin. Now, the day Steem price forecast is trending in public. Steem also my favourite coin in the market and now it's time to predict the price and getting the profit from it.

I took a 7 days chart from the market and analyze it. I put the tail and head on the loss and gain profit. Resistance is showing in a horizontal red line which is repeated over time. If things remain cool then we can see a good profit margin in this week or next.

4d633b5d-633e-45d3-a4e2-4df81c8d27f2.png

If we analyze a 1-day chart then we notice a good amount of resistance on a back day and after it, a price up line indicates that market capacity increase when the coin is in dip and it rises again. We may see a 100% profit plus in next week.

edc2ab41-0f6e-4d26-80fd-b6d804f7a2d8.png

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Hi @jonybraim

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

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Provided information is explained well but expecting more details in LEVERAGE TOKENS TRADING like their price behavior movement when BULL, BEAR can go up and down. Price Forcast, you could try to be more informative with Technical Point Of view, you mentioned We may see a 100% profit plus in next week. which is not a right way for Price Forcast. Prediction Price means you have to mention possible low prices and high prices based on technical details.
Try to be more informative with Technical.
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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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Sir, I am collecting more steem power. I am not able to buy it. So please mark my homework.