CRYPTO ACADEMY WEEK 3|| HOME WORK POSTED BY @alphafx|| AND DONE MY @kingworldline

Source

THANKS FOR THIS WONDERFUL LUCRATIVE TEACHING MY PROFESSOR @alphafx
This is a great opportunity to to show appreciation and assessment on the home work allocated to me and done by me @kingworldline of which i learnt a lot.

QUESTION ONE ANSWER:
With regards to the question on the first phase of the this home work was all about to hold any coins and your preferred wallet type.
Yes... with respect to the question i have steem as a cryptocurrency coin am holding into at the moment, although i have like that of the Tron , SBD as a token, but at it stands at the moment i make steem as my number one among other coins, the the secret behind the trading is holding unto ur coins, i discover the moment you hold on you likely to earn more which is the of the way to earn on cryptocurrency planet.

Regards to the preferred wallet at it stands now i preferred exchange wallet in holding my cryptocurrencies which is under the umbrella of Hot wallet, i believed that is more secured and trusted for holding than any other one.

On Roqqu as a brand i trusted them on
1.Page representation; is self explanatory
2.Fast transaction
3. Roqqu is a well known brand
4.The spot on the different cryptocurrency
5. The self explanatory forecast chart
6. Chart monitoring trend
Using Hot wallet is the best in trading gives you the privileged to buy and sell any time any where.

QUESTION TWO ANSWER
How to perform spot trading on steemit wallet
This means buying and exchanging of coin with another pair of coin like exchanging SBD token to STEEM pair on the aspect spot trading.

ANALYSIS BETWEEN THE TWO (SBD) AND (STEEM)
The ratio of 1 STEEM = 0.114065
Of which 0.114065 = 1 SBD
Therefore 5.816 SBD = 50.989 STEEM "As the case may be''

**SCREENSHOT PROCEDURE
STEP 1
SBD/STEEM PAIR
On steem wallet proceed to "BUY STEEM" OR "BUY SBD"

STEP 2
Imput the amount either STEEM/ SBD

STEP 3
Next is to confirm and exchange the currency

QUESTION THREE ANSWER
As the question implies Holding and Trading the one of them i preferred most and reason behind is;
I preferred BUYING AND HOLDING, to start with Holding but it seem not to be yielding any dividend at moment when is still on hold, but the essence of holding is to monitor when it coin price goes up above the initial amount, it give me joy when my amount rises above what i invested.

CONCLUSION
On holding the coin when it rises, you gain

REGARDS TO.....
@alphafx

#holdingvstrading #alphafx-s2week3 #cryptoacademy