Indy K

Intro to Cryptocurrency Trading: Group Workshop

Introduction into Cryptocurrency Trading

This is a unique opportunity to join the 1% of the world who are currently in ‘cryptocurrency’, the technology of the future? This workshop introduces you to the highly volatile & lucrative world of cryptocurrency trading & Bitcoin which is known as the “father” of cryptocurrency. Did you know that in 2010 a single Bitcoin could be purchased for $0.08 and in 2017 the very same Bitcoin was being traded for approx. $20,000. As with any new and lucrative market place there are many pitfalls and dangers to avoid, after this single one-day workshop you will be a competent cryptocurrency trader and know how to avoid the many ‘scams’ & many other dangers, becoming self-reliant & having the ability to control your own financial future.

At the end of the session you will have harnessed the knowledge of several months of research & avoided the many malicious schemes which are in this market place & be able to trade/invest competently and without dependence on a third party.

The content on the day will include but not limited to the following:

What is digital cryptocurrency
Managing risk/reward whilst trading
Transferring fiat into crypto
Which exchanges to use/avoid for trading
Where to research cryptocurrency assets before you invest
Essential Technical Analysis, (Candlestick charts, Timeframe Analysis) etc
Different Trading Styles
Fundamental Analysis
Avoiding Scams and Fraudulent ICO’s
Spotting Pump and Dump schemes
Q and A Session
Forex is an inter-bank market that took shape in 1971 when global trade shifted from fixed exchange rates to floating ones. This is a set of transactions among forex market agents involving exchange of specified sums of money in a currency unit of any given nation for currency of another nation at an agreed rate as of any specified date. During exchange, the exchange rate of one currency to another currency is determined simply: by supply and demand – an exchange to which both parties agree.
A true 24-hour market, forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial centre, first to Tokyo, then London, and New York(see free content section). Unlike any other financial market, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or night. The FX market is open 24/5.
The most often traded or 'liquid' currencies are those of countries with stable governments, respected central banks, and low inflation. Today, over 85% of all daily transactions involve trading of the major currencies, which include the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and the Australian Dollar. (Dated September 2019)
Margin is essentially collateral for a position. If the market moves against a customer's position, additional funds will be requested through a "margin call". If there are insufficient available funds, immediately the customer's open positions will be closed out; Usually from the highest value trade down to the lowest if there are multiple positions open.
Clients can buy or sell a financial product with substantially less money than the actual full market value of that financial product. A position in a contract with high leverage stands to make or lose a large amount from a small percentage movement in the underlying instrument.
If you are buying some currency/stock/crypto etc, you are opening a 'long' position, if you’re selling you are opening a ‘short position’.
Cryptocurrency basically is a virtual exchange medium that uses a cryptography in order to secure its transactions and control the creation of the system units. Meaning, cryptocurrency simply represents money in the digital marketplace nothing else. It is based on an open-source software, cryptography and networking. It lets people or users avoid fees or the lowest fees as compared to what your banks are charging.
Cryptocurrencies are known for extreme security and anonymity to the highest level. Transactions made by this system cannot be reversed nor faked and compared to what your local banks are doing with their clients charging high transaction fees. In cryptocurrency the fees are a minimal level, making it more reliable than the conventional currency in the marketplace. Its decentralized nature means they can be available to everyone, in which banks can only be available to those they have permitted to open accounts.
Because most people believed that it is profitable. Anyone has the option to ‘mine’ its coins or simply invest into them. The expanding ecosystem provide a multitude of opportunities on the possibility of doubling or even more of your current assets. What is more convincing is that cryptocurrency values are evaluated constantly and then re-evaluated as more people join the network. Initially an cryptocurrency revolution starting with only an 100$ initial investment would have brought thousands or even millions in profits. Till this day this kind of opportunity is still available (2020)
The first cryptocurrency that was recorded in the digital data was Bitcoin, the ‘genesis block’ was created in Jan 2009 and still as of now is arguably the best cryptocurrency known in the marketplace. A creation of cryptocurrencies has started emerging in the past decade and now more than 5000 cryptocurrencies can be found on the internet (2020).

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