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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… Continue reading Smart Contract Use Cases

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… Continue reading How Smart Contracts work

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… Continue reading What are Smart Contracts?

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… Continue reading Mitigating Leverage Risk

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… Continue reading Leveraged Tokens

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… Continue reading What is trading cryptocurrency with leverage?

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… Continue reading Trading with Leverage

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… Continue reading Basic Rules for Drawing Patterns