This document provides an overview of cryptocurrency trading and investing. It discusses 1) how to trade and invest in cryptocurrencies, 2) fundamental and technical analysis approaches, 3) price forecasting techniques like Gann and Fibonacci, 4) how to choose the best cryptocurrencies for investment, 5) why cryptocurrencies should not be traded like stocks, 6) upcoming blockchain technologies, 7) different types of cryptocurrencies, 8) how to choose currencies for long term, short term and trading, and 9) how to open and use a crypto exchange.
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Bignner Crypto Course
This document provides an overview of cryptocurrency trading and investing. It discusses 1) how to trade and invest in cryptocurrencies, 2) fundamental and technical analysis approaches, 3) price forecasting techniques like Gann and Fibonacci, 4) how to choose the best cryptocurrencies for investment, 5) why cryptocurrencies should not be traded like stocks, 6) upcoming blockchain technologies, 7) different types of cryptocurrencies, 8) how to choose currencies for long term, short term and trading, and 9) how to open and use a crypto exchange.
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Beginner program in crypto currency
1. How to trade and invest in crypto currency?
2. Fundamental analyses the crypto currency. 3. Technical analysis of crypto currency. 4. Price forecast of crypto currency based on Gann, Fibonacci, and volatility 5. How to choose best crypto currency for investment? 6. Why not to trade crypto currency like a stock or future? 7. Upcoming block chain technology for financial market and other. 8. Types of crypto currency 9. How to choose crypto currency for long term, short term, and trading? 10. Crypto exchange and how to open operate your crypto trading. 1. How to trade and invest in crypto currency? • Open a trading account with Crypto currency broker • Do the KYC • Link your bank account • Send the fund to your account • Buy the Crypto token you want More then 5000+ crypto currency trade in market with different block chain concepts and on different sectors. Crypto tokens are issued by different Information technology Block chain development companies to meet their initial funding requirement . Once the industry implement or adopting their project the token gain its value because the token holder get cost effective and privilege service by the implementing industry. 2. Fundamental analyses the crypto currency. • Fully diluted Market capital • Market capital • Total value locked • Market cap and TVL ratio • Volume Market cap ratio . 3. Technical analysis of crypto currency. • Moving average, Fibonacci retracement works on top 50 crypto along with other tech study . • Crypto currency not in top 50 list move based on news and rumors and has less important in tech study. 4. Price forecast of crypto currency based on Gann, Fibonacci, and volatility • Volatility calculated from past data will result error in crypto currency. Reason the price is continues data and never stops. • The 2nd alternative in our hand is candle gap method (High-Low)/High • Due to high volatility, we can not use Fibonacci retracement ratio 0.236 for trade entry rather we can use 0.382 ratio . Incase of Gann the 45 degree resistance and support will be the trend decider . Analysis of Internet computer Crypto • The Candle gap is 0.326913, price Range = 7960.35*0.326913= 2602 Analysis of Internet computer Crypto 0.326913131 7960.35 Gann study for trading 2602.342941 0.236 614.152934 8574.502934 7346.197066 45 8005.022897 7915.802103 0.382 994.0950034 8954.445003 6966.254997 90 8049.820794 7871.379206 0.5 1301.17147 9261.52147 6659.17853 135 8094.74369 7827.08131 0.618 1608.247937 9568.597937 6352.102063 180 8139.791587 7782.908413 0.786 2045.441552 10005.79155 5914.908448 225 8184.964484 7738.860516 1 2602.342941 10562.69294 5358.007059 270 8230.262381 7694.937619 1.236 3216.495875 11176.84587 4743.854125 315 8275.685277 7651.139723 1.618 4210.590878 12170.94088 3749.759122 360 8321.233174 7607.466826 2 5204.685882 13165.03588 2755.664118 5. How to choose best crypto currency for investment? 1.Crytocurrency circulating supply between 10 million - 1 billion coins. 2.The market cap of at least $20 million. 3.Must be listed on the biggest cryptocurrency exchanges (Binance, BitmexOKEx, Huobi Global, MXC, etc) 4.Remove penny cryptocurrency that has mined less 25% of their maximum supply. 5.Percentage gain in the last 7 days must be higher than 50%(you can view these metrics on Comarkets). 6.High liquidity - minimum $1 million 24 hour volume traded. 7.A strong presence on social media (Twitter, Facebook , Reddit and Cryptocurrency forums) 8.Experienced blockchain developers team. 9.Discount penny coins that trade near their all-time high. 10.The final step is to use technical analysis to find range bound-penny cryptocurrencies that trade at a psychological support level. 6. Why not to trade crypto currency like a stock or future? • Stock are regulated and has financial earning data to judge the pricing fundamental . • Where in crypto are either token-based startups or currency having no financial data to judge them. The valuation of tokens purely based on the projects they are working on , How actively they are sharing information on social channels , how transparent they are in reveling their financial . • Crypto price moves does not have a CRICUIT FILTER , insider trading rules does not apply on them. • Hence price of token or Coin may become 0 . • Crypto is a trading instrument or Investment instrument ? To me it is a investment instrument if you trust on the startup model. 7. Upcoming block chain technology for financial market and other. • DeFi • NFT- Non-fungible token: some thing which is unique and can not be replaced by anything. NFT is any thing digital ( painting, music etc.) • SMART CONTRACT : Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority, legal system, or external enforcement mechanism. • What is DAO - Decentralized Autonomous Organizations : most complex form of a smart contract, where the bylaws of the decentralized organization are embedded into code, bitcoin, ethereum. • 8.Types of crypto currency 1. Crypto currency : Example bitcoin, Lite coin 2. Side chain Currency. Polka dot, liquid 3. Crypto Token which work on crypto currency . Polygon (MATIC) 4. Crypto currency exchange: Example Bianca coin How to choose crypto currency for long term, short term, and trading? • Crypto tokens and side chain currency considered for the long term investment . • Token having high intrinsic values must be taken for long term investment. • High value currency must be taken for short term investment 2 to 3 month or for trading . 10. Crypto exchange and how to open operate your crypto trading. • Download the crypto exchange App, • Do the KYC by providing the address and ID proof . • Link the bank account • Fund the account • Start the trade or investment .