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Crypto Leverage Trading for Beginners | How People Make Money with Bitcoin Margin Trading? - YouTube
Channel: Pushkar Raj Thakur: Business Coach
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Well, How people are earning money by trading in Cryptocurrency.
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If you people ask questions, it shows that
you are interested and on the same questions
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we are making back to back videos for you, so now your question used to come that how
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people do crypto trading and in what way they
are making money, then today I will try to
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clear this concept in front of you.
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Look, right now most people think that you
invest in any cryptocurrency, If its money
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increases then you make a profit.
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You invested in a cryptocurrency you invested
ten thousand rupees, and within a year it
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increased 10000 to ₹ 300000, then people
feel that a lot of profit is being made in
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cryptocurrency.
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So definitely, you are investing today. Price
will increase and you sell then we call it investing
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or you can call it swing trading.
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And is there any other way apart from this
trading, people are earning money by trading
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inside the cryptocurrency.
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The answer is yes.
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Today I am going to show you on my computer screen exactly how people trade and inside
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trade like we talk about the stock market.
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We get leverage, we get the margin.
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We get margin in intraday.
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We also get margin in options and futures
and do we also get margin in cryptocurrency.
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The answer is yes.
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Exactly, understand that concept and see how these facts work.
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Look, you have to understand one thing.
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That is if there is a market, the stock market.
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If there is a forex market and there is a
crypto market, then there is absolutely a
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game of demand and supply.
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And the technical analysis you have learned so far works everywhere.
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I will show you exactly.
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I will show you only then you will understand the things that we talk about technicals and price actions.
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We say in the stock market that price is the god.
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Whatever the price is, it is god.
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You can make money by trade on price action.
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Now the support resistance that you learn,
you learn to apply the indicator.
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You talk about candlestick patterns, these all are the same, we are not talking about fundamentals here.
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We are talking about technicals, the
person who learned the technical analysis,
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he can earn money by price action in any market.
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Then the basic concept, let me clear it to
you so that you understand it, then now we
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are on the application of CoinDCX.
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If you want to create an account on CoinDCX, then I will put the description in the comment
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box and give you a Pushkar Hundred promo code, which will give you a welcome gift of ₹100 bitcoin
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It is very easy for you to create an account
on CoinDCX.
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Onboarding is very easy now you can invest with ₹100 and you can trade with ₹10 so here's what
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I clicked here in front of you, I will show
you a few things.
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Here you can see a spot, the second is margin and the third is futures.
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I will try to explain these things to you.
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Spot trading is something where you are not getting margins.
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You are simply buying and selling here, so
you can choose here, in the BTC and cryptocurrency
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which you have an interest in.
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You can buy it here.
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Simple for buy, you have to place an order,
portfolio here, open order here, here you
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will see everything clear, so here if you
want to buy BTC, Here you can set your limit
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price to that when it comes to the price,
I will buy it.
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Similarly, you can also place a market order here is where the price is going in
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the market right now.
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You can buy on that, then you can put it in the quantity here.
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You can put the amount here and you can buy
here and you can also sell here.
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See, crypto market 24*7.
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Stock market is open for you from
9:15 to 3:15.
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Here this market is 24*7, so whatever trades
are going on in front of you here, you can
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see Live.
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So you can sell the BTC at the spot market.You can trade on spots, when we talk about margin,
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see you are getting leverage of six times.
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I will also show you here.
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When you will trade here, again you can choose the crypto in which you are interested.
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So for example, If you are trading in pairs,
you can select the pair in whatever pair you
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are interested in.
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You can select that, After that, You See that Long And Short Is Written.
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Long means to buy or to take a position.
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From where you think the market will go up,
then see the patterns are the same.
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See you here and there if I tell you.
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Do you see these candles here at this place are indicating something?
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If they are saying something, then you will
say that they are seeing candles.
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I will give you a playlist of a complete series on the candlestick patterns on the i-button which we have made.
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So you can learn candlestick patterns, then here you can see a candlestick.
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you can see a candlestick here, then at the
bottom of the chart and the top of the chart
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you will see different candlesticks and they
tell you something.
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What they tell you, that will go on the playlist and when you watch the entire series you will
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understand how candlestick patterns work in the market, you can change your chart here.
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It is open in a 30 mins time frame here.
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If you are scalping then you can open at a
1-minute timeframe and you can open at 5 minutes also
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You can choose that on what timeframe you have to work so if you want to trade on a
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little longer duration then you go to 30 minutes and on 15 minutes, if you want to scalp on
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short term or you want to make a profit then you can also reduce the time frame, similarly
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when we talked about price action and we talked
about support resistance, you have to see
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that from there the price is reacting then
the price is going down.
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This is the resistance level, so here when
you see that price bounced back again or there
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is a support level, then these simple things
you have learned in technical analysis work
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in the market, alright.
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How people take advantage of leverage.
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So let me tell you when you are doing long
here you are getting a 3X margin.
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You will get different margins inside different
pairs.
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So you have to choose which pair you have
to trade.
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Here you are getting only a two per cent margin
so you have to choose.
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When you will choose then you will get to
know.
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I will show it by scrolling down, there are
multiple pairs here or you can search about them.
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So, in whatever pair you are interested in,
here you are getting the margin of up to ten
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times, you are getting the margin of ten times,
so you can do long and you can do short.
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In short, you are getting only a 2X margin,
so the margin is provided.
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Similarly, if you trade in futures then there
will be a big investment amount of futures
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and here you get a margin of twenty times
till time.
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So here margins are provided, you can choose
in which you have to trade and then you can
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buy your position and you can sell and short.
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Here you are getting up to 15 times the margin
in this.
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And also 15 times margin in, the way you want
to trade overall, you can.
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The basic things that I have told you, it
is not necessary if you are new, so start
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trading as soon as you come.
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I am telling you that if you are interested
in anything then you learn about it.
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To learn more about Blockchain and Cryptocurrency
you can visit their platform DCX Learn.
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There are some courses on trading.
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You can join them.
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You can get to learn about so many thanks
so here I have given you a basic understanding
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of how people are trading and not just investing.
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By using that margin also In the spot market also people are trading in future, margins are provided here.
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There are benefits of margin and also there
are demerits of it, then the benefit of margin
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is that you got margin today and you have
₹ 100 and you are getting 20 times margin
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then twenty times, then you can trade ₹ 2000.
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Similarly, If you have ₹ 1000 then you can
trade for 20000, but if there will be a profit
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of 20000, and there will be a loss also for
₹ 20000 then before doing any trade you
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have to understand a few things that if you
enter into trade then what are you doing.
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You should have a clear concept of why you are doing this, then you should clear it first.
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If you want to learn technical analysis I
will give you a playlist on the I button where
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you can learn technical analysis step by step.
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Now when we are talking about Coin DCX, it is a certified company and you get multiple
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security features here to factor authentication and withdrawal password, you can withdraw
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and deposit your funds 24*7 And if we talk
about it, there is no law in India for cryptocurrency.
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To trade and hold in cryptocurrency is legal as of now.
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Finally, their tagline is future Yahi hai,
if you want to do that you can do that.
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There is a link to Coin DCX in the description
and comment box so if you like this video
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you can like it and if you have some questions
you can ask in the comments.
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We will definitely try to make videos on the
topics and if you are watching this video
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on Facebook then follow it and if you are
watching this video YouTube then subscribe
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it till the time go self self-made
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