Steemit Crypto Academy | Summery On Homework Task 5 by @stream4u



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Hello Everyone,

Thank you to all for joining Steemit Crypto Academy and participating in the Homework Task 5.

Steemit Crypto Academy

You all are doing great work on the Homework task, we can see now that your interest in each topic is increasing and you have learned new things which earlier not aware of it.


Summary For Homework Task 5

We are back to summarise homework task 5. I hope your homework task 5 has been reviewed by me, if not then please send your link for Homework Task 5 in the comment section of the Course 5 post.

Before proceed to the course and homework task 6, let's summarise homework task 5 so that if it requires then you can implement it in your next homework task.

Summary For Homework Task includes General thoughts, Feedback, Suggestions.

General Thoughts.

It was a nice experience to review all homework tasks, regarding technical skills now we all have learned the major topics which are most important to know while trading and investing.

You will need to do practice on it, according to the success rate you can decide what capital you can use.

In the last course, we understood about SuperTrend and I hope everyone now understands the concept of SuperTrend and how to use it. Still, I wanted to clear one thing again because I have seen most of are missed that, please find below.

This is regarding how to buy with the help of SuperTrend, majority of the answer received like Enter for buy when SuperTrend says Buy, for this please check the course Course 5 post.

As we are looking for safe trade, low loss and it is okay if profit is low. So after a big bull run, it is possible to recover the price and for that, it turns into a small bearish run, we may get panic here. Understand it that SuperTrend shows BUY when it crosses and closed above the resistance which is already at the up level, so it is possible that it will come down to recover the price, hence below is the information which I mentioned in the last course.

as I said when SuperTrend Line is below the current price, then wait till the price comes down to near the SuperTrend line, you can place the buy side somewhere near to that line. SuperTrend line has strong support and it has the capacity to take the price back to the previous high in a short time.

image.png

We can see in this how the price tuches the line and moved up, so buy at this support line instead of when it says BUY. This is for safe trade.


Feedback.

There was no major thing found in homework task 5. However, we are still getting plagiarism content, so please stop plagiarism and spinning, use proper sources for the content, when we say use proper sources to the content which does not mean 50% of the content has given sources, make a homework task based on your understanding and we are here to guide you what is right and wrong.


Suggestions.

Try to get involved more in the topic and then try to explore it as much as possible but in simple terms.

Use proper captions to the images so that post will look more effective.

Instead of Google images, try to use your own screenshots which show how you have catchup the things.

Make sure images are clear to understand, images are straight and not crossed.


TOP 3 Homework Task 5.

Everyone is doing great in the Homework Task and below are the top 3 tasks.

  1. @fredquantum - Post For Homework Task 5

  2. @reminiscence01 - Post For Homework Task 5

  3. @levycore - Post For Homework Task 5


Important Note

All homework posts should be posted in the community Steemit Crypto Academy.

For Homework Task 6 post given by @stream4u, add tags #cryptocapital, #stream4u-week6, and #cryptoacademy in the first 3 tags. Also, tag me as @stream4u somewhere in a post. (Tagged Correctly).

If your Homework task 6 post does not get reviewed by @stream4u within 24 hours after you published it, please send your post link under the comments on the Course 6 post.

With regards to the course or Homework Task, for any doubts, questions, concerns you can reach to the professor through the comment section on their course post.


Thank You.
@stream4u



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Wow! Lots of really good tasks entries. I scored 8 but didn't even make the top 3. The tasks are becoming challenging.

Congrats to the winners and thanks to professor @stream4u for your efforts in educating us on the technicalities of crypto trading.

Thank You and Yes the task is now becoming more challenging, everyone is performing great. Also, it is challenging for us to select the Top 3.

You were at the 1st on Top 3 for Homework Task 2

I am trying my best to give chance to everyone who is giving equal efforts, hope this can be understood.

I am trying my best to give chance to everyone who is giving equal efforts, hope this can be understood.

Oh! I see. Yes this is very understandable. It's fair to rotate the 'Top 3' posts among people who are putting in efforts.

However, I'll like to suggest that this should be stated somewhere in the post. This is because when one says 'Top', it's understood as the best, and if that be the case, it has to be the best, irrespective of how many times they may appear. For one thing, it takes a lot of consistent effort to always be the best.

I'll suggest that the title be changed from 'Top 3' to 'Selected 3' and a statement, stating the reasons behind their selection be given to properly inform the participants and all who may care to read. This will make people who put in much effort weekly to not be discouraged.

I sincerely hope you understand my argument and suggestion.

Thanks.

I do understand your concern, thank you for your feedback and suggestion.

You are really doing great, Sir. I am waiting for my turn to be selected as top 3. Will my post be good enough to get your attention and selected as top 3. Let's hope for the best. Thanks

I too had the same concern. Thank you for bringing this out @jehoshua-shey. I guess I have to wait more for my selection opportunity.

Thank you Professor @stream4u for this opportunity. Your lessons have been informative and an eye opener into cryptocurrency industry. God bless you for your good works.

Thanks dear professor @stream4u. Your lectures has changed a lot in me generally when it comes to the crypto ecosystem. Thank you for the good job that you are doing for me and all others at the Steemit crypto academy and I look forward to learning better from you. Thank you, sir.

Congratulations! Your post has been selected as a daily Steemit truffle! It is listed on rank 16 of all contributions awarded today. You can find the TOP DAILY TRUFFLE PICKS HERE.

I upvoted your contribution because to my mind your post is at least 23 SBD worth and should receive 77 votes. It's now up to the lovely Steemit community to make this come true.

I am TrufflePig, an Artificial Intelligence Bot that helps minnows and content curators using Machine Learning. If you are curious how I select content, you can find an explanation here!

Have a nice day and sincerely yours,
trufflepig
TrufflePig

Thank you Professor @stream4u for put me in the top 3 this week,this makes me even more excited. I really appreciate it :D