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Welcome to the World of Crypto Trading. Types of trading Normal Trading : Buy crypto and store in your wallet till the price increase. After the price increase you can sell it. Pros Very low risk of losing money if you are trading in the popular currency, like: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) etc. You can check the crypto market ranking on “coinmarketcap.com” Good for long term investment as per the data of last 10 years. Most of the popular crypto currency is giving more than 300% returns in the last year. Better for long term investors. Cons Development of your investment is too slow if you are investing less amount. You will not able to take leverage,.

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2, Futures Trading : Pros: You can take leverage and generate income very fast, Good for the regular traders having experience in intraday trading. But like intraday, Binance futures is different, In Intraday trading it is only a day time limited, But in Binance futures it is not day time limited. There are two types of futures trading one is quarterly and another one is perpetual, Quarterly is time limited till one quarter and perpetual is non time limited. It means you can be in the market till your amount is not zero. It means if you got loss today but your investment is not liquidated you may take profit on the second if the price of the coin rise which you have invested. You can even generate income if your guess is correct. Example : Today you think that BTC will dump. You can sell the BTC first the you can square off after price is low. Just like intraday trading. Cons: i ) Chances of losing the entire amount you have invested in a fraction of seconds. Example : You have $1000 in your wallet and have taken leverage of 20X and started a trade. It means now you can trade with $20000 with only $1000. But you have to be careful that the profit and loss are calculated of $20000, It means if you got 5% profit on the amount you have invested the profit will be 20000 X 5 / 100 =$1000 it means the 100% profit on the invested amount. In the same time if you lose 5% of the traded value you will get 100% loss and your amount become 0..

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Requirements to trade in cryptocurrency All you need to get an account in any of crypto exchanges, Names of the crypto exchanges is also available in coinmarketcap.com. My suggestion: Binance (For all types of trading) Coinbase Bitmex You can also try some Indian Exchanges like : Wazirx , CoinDCX , CoinSwitch Kuber etc , (Kindly note Indian Exchanges don’t have futures facility till now. Maybe it will come later..

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MY CHOICE. I always prefer futures trading. Because there is no need to wait for the result so long & you can generate a massive income if you are playing smartly. Smart Future Trading : Take low leverage, initially you can take maximum of 10X till you will get the enough experience in the market, For beginners my suggestion is 2X to 5X, Don’t invest the entire amount on a single trade, Use maximum of 10% to 15% of your wallet amount. It helps to reduce the risk of liquidation. Always put stop-loss to minimize your loss. Exzmple : I have $1000 in my wallet. I start trading with $100 with 5X leverage, It means I am trading with $500, The profit or loss will be count of $500. Suppose today market is dumped and I got a loss of 5% it means I lose 500 X 5 / 100 = $25. It means my 975$ is safe. And the next day market is pumped as per my calculation and I got profit of 10% it means I an in benefit of 500 X 10 /100= $50 - $25 (Yesterdays loss) = $25. Now what is the amount in my wallet Investment $1000 + $25 (2.5%) in two days. If we calculate it in a month it will be 75% per month. That’s a very huge return..

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Now you can ask me one thing Is it possible that today market is dumped by 5% and tomorrow it will increase by 10%.? Answer is yes. Because crypto market is highly volatile and sometimes price fluctuation is more than 500%, Once you enter in the crypto space you will know it..