Coinstore Exchange
Published in

Coinstore Exchange

📚Coinstore Classroom: Futures Trading 101 — Part 1 😎

Welcome Coin Collectors,

Introducing to you, a new corner: Coinstore Classroom 📒! Through Coinstore Classroom, Coinstore would like to share some knowledge and tips 💡 we have on cryptocurrency! Through this corner, we hope to be able to share and educate you on the basics and necessary information of cryptocurrency. We hope that this information will be able to help you make a better-informed decision when trading in crypto.

To introduce this corner, we will start by sharing with you some terms and phrases we thought are crucial in facilitating your understanding of cryptocurrency, and ultimately aid you in making better trading decisions.

Here are the first 4 terms or phrases we would like to share with you:

1. Position:
State of owning or owing a futures contract.

An agreement to buy or sell an asset at a certain date at a certain price.

2. Short Position:
A trading technique in which an investor sells a security with plans to buy it later.

Shorting is a strategy used when an investor anticipates the price of a security will fall in the short term.

3. Long Position:
Refers to the purchase of an asset with the expectation it will increase in value (a bullish attitude).

A long position in options contracts indicates the holder owns the underlying asset.

4. Leverage:
Leverage is the use of borrowed funds to increase one’s trading position beyond what would be available from their cash balance alone. Leverages can amplify both profits as well as losses.

Here are some of the basic terms we thought you should know before making trades in the cryptocurrency market! Stay tuned for part 2, to find learn more terms and phrases regarding cryptocurrency trading! 😉

About Coinstore

It’s never too late to start diving into the world of cryptocurrency. Whether you’re young or old, a pro or a newbie, Coinstore welcomes you to our arcade where we learn together… the fun way! We make cryptocurrencies available for everyone in a sleek, exciting and simple fashion, equipping you with experience and techniques to buy, sell and trade on the go.

Follow us on:

Disrupting the crypto industry by bringing in “fun” in finance. We are your financial arcade where people see complexity, we provide clarity.

Recommended from Medium

How and Where to Buy Bonfida (FIDA) — An Easy Step by Step Guide | Crypto Buying Tips

https://cryptobuyingtips.com/guides/how-to-buy-bonfida-fida

Digitex Futures Price Prediction 2022, 2025, 2030 DGTX Price Forecast

The current total value locked in #DeFi protocols has dropped 21.22%

Payeer to WebMoney — Which e-Wallets should you register? [Russian]

VICA FOR THE CRYPTO WORLD

Flash Crash Topples Bitcoin (BTC) Price

The Bancor Platform Demo v1.2

+16.87% growth: How to Buy Elrond (EGLD) — A Step by Step Guide | Crypto Buying Tips

https://cryptobuyingtips.com/guides/how-to-buy-elrond-egld-egld

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Coinstore

Coinstore

Disrupting the crypto industry by bringing in “fun” in finance. We are your financial arcade where people see complexity, we provide clarity. coinstore.com

More from Medium

Time To Take A Leap Of Faith

How to get free Ethereum to test your projects

Which blockchain will you choose?

Best Crypto Bonus Offers And Promotions In January 2022

free cryptocurrency