Steemit Crypto Academy Contest /S14W2- Volatility in cryptocurrencies "

Helloo everyone

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Fluctuations in crypto currency is what it is, we know that, I recently bought some coins etc. But as soon as I bought them, their value started to increase slowly. I know it takes a lot of waiting for any coin so it takes time or if you're lucky it's instant it can go up and down no doubt I'll make some small profit It was happening but when I saw after a while, I was losing quite a bit of capital which means that the price of the crypto currency that it is has gone down.

Yes, it keeps happening. It's a cryptocurrency. It's a normal thing to fluctuate in cryptocurrency. Sometimes up, sometimes down. It's going up a lot which is great because when I bought some stuff I found out that the price was going up mainly because the whole market bought that coin. They were gone, now their numbers were very low, that's why their value was increasing rapidly.

Fluctuation is what it is and you should always remember that if you buy any coin, on the condition that it can go up and down, it is going to fluctuate. One should never panic because this is the market, everything here is under a time frame, it is under a certain system, this system is running, sometimes up, sometimes down, this system will continue to operate like this.

In your own words how does Volatility affect cryptocurrencies ? Is it beneficial or harmful ?

First of all we should understand what volatility is. In crypto market volatility means the rate of trading of something goes up or down. These are two words. If the rate of something goes up, it means that What's there is if these things will ever go down, sometimes there will be ups and downs, that's what happens with cryptocurrency. There is going to be a lot more growth because this is how the system will continue.

Another reason in currency that is the main cause of volatility is short sellers and that and trading robots are also the reason and this is the main reason for volatility. The important part is that this may be a psychological process of the market. Volatility is a function of risk. We can see that the higher the volatility, the higher the risk. There will be less risk because all of these things go hand in hand in cryptocurrency.

What happens is that for a certain period of time when we see this volatility happening rapidly, people are showing a lot of interest because it is also getting a lot of profit and if we talk about volatility. So many times losses have to be taken. This cycle goes on like this. I have seen many people who know the crypto market very intimately and very intimately they don't enter it until something happens. There is no doubt that volatility affects the sentiments of traders unless the market stabilizes or they don't enter until the market stabilizes.

The greater the spread of crypto-currency, the more widespread it will be and the more power and stability traders will have during crypto-fundamentals, the more capital they will have. Yes, they invest and spend a lot of money on it and a lot of investment is made during that time because it is very important for its expansion and to stabilize it and thereby further develop it. Will get.

It is beneficial or harmful ?

Its benefit or loss affects the trader. Many times, the trader gets a lot of profit from it and he gets more than his money, but on the contrary, if we look at it on the other hand, On the opposite side there are a lot of losers involved and it is a reality where all these things are looked at that many people profit from it.

which can be more beneficial for them but Later, those who lose lose much more heavily and have to pay for that loss at a very fine price. It will be more beneficial in that the volatility is a part of the market becoming more stable and the market is going to improve more and more.

Name and describe a technical indicator that measures the market Volatility of an asset .

We know that there is a special indicator to determine price volatility, the indicator is called Bollinger Bands. Alerts for the lowest level and we know that this indicator was developed by John Bollinger and it got his name because of this. These are called What is done is to determine what the surface is and very easily determine what the lines are and what is the calculation and we do this.

Know the thing that it basically adjusts easily to fluctuating prices, it basically does the framework and looking at the length above what its brother does, we know that the low volatility. During the ascent, these bands become very tight, meaning they are very close to each other, and during this time they set the signals.

Another consideration should be to avoid false breakouts as much as possible when it starts to advance in its position when we know that its bands are very high. During this time, it is a special kind of signal, which means that they are fluctuating very fast and during this time, their specific directional movement is lost. Know that both bands are a special signal for traders to make high profits and are also known for exiting the market.

We know that when the price breaks out of the band, it indicates a strong trend, whether the indicator is up or down, it returns to a lower volatility and.

Describe the step by step to be able to include this indicator in the Steem/USDT Chart you can use the trading view platform. show screenshots.

• Movie open out tradingview.com platform.

• Select the pair of STEEM/USDT .

• Click on the FX sign to add the volatility indicator.

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• A chart is then displayed showing the bands above and below simple moving avrage (SMA).

   Screenshot take on my binance account

• We can also adjust the average on as needed by clicking on the settings icon.

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• This will show us a screen as we can adjust the input and output to represent the band SMA then next it's about mortality.

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Explain in your own words what happened to the volatility in the last month of the STEEM/USDT chart.

If you look at November 2023, it was a very bullish month because during that time the rate of Steem, which had increased so much, suddenly took a path of further growth because it suddenly accelerated so much. I don't know if it was separate or not, we are seeing the same event as 2017 again because if we talk about fluctuations here, it is very high, it was going towards development.

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This volatility is due to crypto news, suddenly we found out that the rate of this team is suddenly increasing. They were going to trade, which is a very smart way. We were seeing a bullish environment, the news was everywhere, people were getting into the market very quickly, the market was very bullish, the trend was rising.

I think a lot of what's going on is going fast and what's going on is going everywhere. After the extreme volatility in the market, we find that there is a lot of momentum in the cryptocurrency, however, volatility has a higher profit rate and more and more people are interested in it.

Volatility makes it seem like this market is the coin of the team that is not sure how high it will go now that Bollinger is making a deal and he is waiting for his true form.

Do you think the future of cryptocurrencies is more stable ? Give your own opinion.

The future of cryptocurrency is very bright. Recent developments show that it is becoming more stable. Just as Bitcoin is growing rapidly, we know that the future is indeed very bright. It is clear from the recent developments that we are seeing that the market is growing very fast and people are investing more and more in their businesses and trading in cryptocurrencies and trading in cryptocurrencies.

And the trade is getting more boost from this which is a clear proof that the future of cryptocurrency is going to be very bright. If we talk about the development of crypto currency, then we are dealing with transactions that are now being transacted in a legal way. It means that its development is increasing.

Conclusion

We know that volatility in the crypto market is a sure thing that volatility is bound to happen and that is guaranteed and it is left up to the traders to decide how it is. How can they protect themselves from losses and how can they use the crypto market to their advantage? Now it is up to traders to figure out how they can protect themselves from losses and how Thus they can earn huge profits.

i would like to invite @ professor @kouba01 @tocho2 @suboohi @wilmer1988 @josepha and @elrazi to take part in this beautiful contest

Best Regard
@shabbir86