Note: I'm not really an expert in this kind of thing. I'm just a small time investor who love to play and try new things. I'm actually a wannabe trader and a good for nothing bum. But I know just a few things in this field so, do your own research if you have doubt in me like when he doubt my love for him! But seriously, DYOR!
Alright, as what I've stated above if you want to try Spot Trading it's better if you're the one who'll search on it in YouTube. Watching it live is better I think. As for me, I only learn Spot Trading by reading an article here. I will share the link later if you want the clearer one. And this one will be in TagLish ver..
Note again that, once I explain things using my own way. There a chance na mas maguluhan ka pa ng sobra. I don't know, but when I explain this and that it can become more complicated. This is the reason why I'm not a teacher. But Mom keep on insisting to take an exam or whatever. Alright, so let's proceed and dive in to the grave that we dug.
But wait, hmm if ever you understand my explanation then congratulations. Because, seriously this can be messier than my p✓bic hair so please bear with me okay. I'm not a professional, so if there's an error or not right in my explanation. Then you can contact me immediately on my email so that I can kill you! helovesmenotYes@gmail.com.
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Spot Trading is Buying and Selling. And lagi mong tandaan ito "Buy Low, Sell High." Madali naman syang unawain ano? Okay, proceed na tayo. Gagamit tayo ng Binance App dito. If wala kapa nito, aba'y mag download ko na kung gusto mo lang. Pero pag ayaw mo naman ay di huwag mo. Panget mo kabonding. Kung tinatamad kang pumunta sa Play Store, then you can just SPANK ME bebelabs.
You see that red square? Yong may arrow na pula, malamang naman. Once naka register kana maaari kanang pumunta dyan. Tap TRADES then Tap SPOT. And you can now finally start.
Yan Buy and Sell, Buy kapag mababa ang Price ni Bitcoincash. Sell, kapag Tumaas si Bitcoincash. Yan ang maganda sa Cryptocurrency, dahil sa kanyang Volatility maaari mo syang pagkakitaan. Sa Spot Trading kasi, pwd kang mag salang ng Buy Order mo o kaya Sell Order mo tapos mag seset kalang ng limit. Halimbawa, ang price ni BCH ay nasa $500. Tapos nag set ka ng Sell Order sa presyong pang masa, I mean example ay $530, automatic na maeexecute yan once tumaas si BCH at nahit si $530.
Automatic din na magiging USDT yang BCH mo once mahit yong Sell Order mo. Automatic, meaning pagkasalang mo pwd kanang lumayas at mag grind sa read.cash or noise.cash. dalaw dalawin mo pa rin syempre. Wag abandonahin katulad ng ginawa nya sayo. At Paano ka mag gegain ng profit? Ito na nga..
Buy muna tayo, so ang puhunan mo ay $100 nag set ka at the price of $530.36. And that will give you 0.18851 BCH once mahit yang Buy Order mo. Remember if how much BCH you have in your wallet. Sa BCH tayo magbi-base.
So, lucky you because na hit yong Buy Order mo. Meron kana ngayong 0.18851 BCH in your wallet. Ngayon magbebenta naman tayo. So you just have to tap that SELL button, yong may pula. So, diba nag buy ka at $530.46, now you have to wait for BCH to surge up again. Kasi nga diba? "Buy Low, Sell High!" Mag set kalang ng Sell Order, depende kung anong price ang gusto mo.
Basta pataas huwag pababa, di tayo mag e-spaghetti pababa. Example nag niset mo ng $560 ang price. Sinalang mo yang BCH mo na 0.18851 BCH. Nakikita mo yong $105.56? Yan ang makukuha mo if ever mahit ang Sell Order mo. From your $100 capital, nagkaroon ka ng profit na $5.56. Imagine that people, that's already a huge amount for me.
So, nahit na nga yong Sell Order mo diba. You have $105.56 in your Wallet. You can use that again to buy BCH, and remember again "Buy Low, Sell High!" You want to buy again, so kailangan mong maghintay na bumaba ulit si Bitcoincash. Easy lanh naman maghintay, magaling tayo jan diba. You can again set your Buy Order to whatever price you prefer, basta LOW.
Example you set your Order at $530.81. You have your $105.56 so you can use all of that para makabili. As you can see, makakakuha ka ng 0.19886 BCH once mahit target mo. And, if ever mahit yan after just maybe a day or two. It's really depends on the market. It's not as easy as it may seem guys. Pero pag nahit nga yan, makaka kuha ka ng 0.19886 BCH. Remember how much your capital is?
It's 0.18851 BCH, but after mo mag spot trading at nahit yong mga Sell and Buy order mo makaka kuha ka ng 0.19886 BCH. Ngayon kwentahin mo kung ilan ang naprofit mo.
Oh yesss, 0.01035 BCH. Imagine getting BCH amounting that. If I will calculate that with the current price right now as of 3:56 PM, $533.34 - you will get $5.52 profit. And pwd mong paikit ikotin yang kwarta mo katulad ng pag papaikot ikot nya sayo, charot. Kidding aside, you can do play with your money and gain more BCH by doing Spot Trading.
But, not all the time aayon sa atin ang pagkakataon at swerte. May time na pwd kang maipit by doing that. Your short time investment can become a long time investment that you have to hodl para mabawi ang original price ng capital mo. Minsan kasi di gaanong gumagalaw ang price ng mga coin. Minsan naman, yong nag buy kana into very low price kaso mo mas bumaba pa. Yan, diyan tayo maaaring maipit.
But as I've said to my previous article, mas wise na ehodl ang Coin mo kesa mag benta ka. Because we're talking BCH here. Alam nyong matibay si Bitcoincash. Pero pag ibang coin naman yang binili mo at mas lalo pang bumaba, jan ka kabahan. Lalo na at nag buy ka without doing proper research. Kaya DYOR always before buying a coin. Make sure na maganda ang ano nya.
At, kung sa Leveraged Trading maaari kang masunugan, sa Spot Trading kahit pa sya ang pinaka safe, yon nga maaari kang maipit. Maaari kang maipit sa nagsalpukang Bus at 10 wheeler truck. At wala kang susulungan kundi ang magpaipit or tumakbo - or - HODL or Sell in terms of Spot Trading. Yon lang naman, mas maganda nga lang if maalam ka dins a chart kesa umasa sa animal instinct mo ir hulalism as Laulau's words.
You can do that over and over if you want to accumulate more BCH PERO remember lagi kang mag biogesic - INGAT!
Link about Spot Trading
Cryptocurrency Terminologies
I hope that you get guysuu, why do I feel like it become messier. Sabi ko na nga ee, tsk. See, pag ako talaga ang nag explain ee naku, uwian na. But well, if you didn't understand it then you can just use the link that I attach here. Look up!
I actually write this for the newbies, well I just hope maintindihan pa rin nila. Coz seriously aww I don't know. I'll just leave it here.
Thank You for reading.
Read these to Start in Club1BCH
August 3, 2021
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naks sis. expert kana dito. hehe..... mavisit nga yung account ko sa pdax at magpractice ulit ng buy and sell.hehe