Author: misamaliraza94
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Smart Contract Use Cases
Ethereum’s Turing Complete design means that anyone can write a Smart Contract, there is no submission or vetting process. Smart Contracts can create their own rules and ownership structures. Given that Ethereum also supports token standards, it is a blank canvas for new permissionless methods of generating and exchanging value. Currencies & Token Systems The…
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How Smart Contracts work
Though inspired by Bitcoin, which functions as a new form of money, Ethereum was designed with much greater ambition. It provides a foundational layer for any digital application that can be reduced to mathematics, programmable money being just one use case, with Ether serving as Ethereum’s native currency. This capability is known as being ‘Turing…
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What are Smart Contracts?
What you’ll learn Expressed in computer code, Smart Contracts are how blockchains automatically execute an agreement between two parties without any intermediary. When the Smart Contract conditions are met, the supporting blockchain will execute the agreement for a fee, paid in the blockchain’s native cryptocurrency. The resulting transactions are cryptographically recorded on the blockchain and…
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The benefits of knowing without trying
Learn Crypto is dedicated to explaining basic concepts within cryptocurrency to people who are new to the subject. Given the level of potential risk leverage trading is something that really should be left to very experienced traders. You might think that reading this article is a waste of time; that is far from the truth.…
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Mitigating Leverage Risk
As already mentioned, trading cryptocurrency with leverage amplifies risk, and should only be considered by experienced traders. Simply applying leverage and letting rip would be extremely reckless. The following basic tactics should be used to mitigate the risk. Position Sizing The most important consideration with leverage trading (which applies to trading full stop) is not…
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Leveraged Tokens
Trading with leverage is surprisingly simple for something that is so risky, but some exchanges have actually simplified the concept even further by creating leveraged tokens. A leveraged token is just another way of amplifying risk but without having to provide collateral or consider margin levels. The price movement is simply magnified at an agreed…
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What is trading cryptocurrency with leverage?
Leverage works through a cryptocurrency exchange or brokerage granting you the right to trade positions that are multiples of your trading capital. You might for example have $1,000 of trading capital. If you executed a regular (non leveraged) trade that realised a 10% gain you would make $100 (1,000*0.10) and end up with $1,100. If…
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Trading with Leverage
What you’ll learn What is leveraged trading An example leveraged trade Leveraged tokens The risks of leveraged trading Trading cryptocurrency involves risk. There is no way to sugar-coat that message. Its riskiness is actually what attracts a lot of traders. Prices move significant amounts over very short periods of time, and traders see that volatility…
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Basic Rules for Drawing Patterns
Though there are common chart patterns, the Trading tool won’t identify them for you, so you need to learn how to identify them yourself. As you can see from the cheat-sheet Continuation and Neutral patterns are symmetrical in terms of the price points that contribute to the pattern formation. They suggest that a significant price…
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Price Chart Patterns
Technical analysis becomes more complex when you start looking for standard patterns within the price chart, or to annotate your own interpretation of price and volume movement. The idea is to identify patterns that are considered to have a proven correlation to a specific price move, based on whether price moves below support or above…