Market order, Aave (AAVE), Relative Strength Index

“Crypto Investing 101: Mastering the market order, Aave and RSI”

As a novice investor in the world of cryptocurrencies, the basics of markets and tools should be understood that can help in making informed decisions. In this article, we will delve into three concepts of adhesives: market order, Aave (Aave protocol) and a relative force indicator (RSI).

market order

On commercial markets, market order ** is an instructions for the purchase or sale of a specific resource at the current market price. It is usually placed by a broker or exchange that trade on behalf of the investor. Market orders are often used for short -term operations, such as buying and maintaining activity to perform fluctuations on the market.

To place an order on the market, you must specify:

• Active (for example Bitcoin)

• Quantity (for example, 100 units)

• Price (for example, $ 5,000)

For example, if you want to buy 50 Bitcoins units $ 5,000 per unit, market order would be: “Buy 50 BTC @ 5000 USD”.

Aave (Aave protocol)

Aave is a decentralized loan report that allows users to borrow and borrow resources, including cryptocurrencies. It is built in Blockchain Ethereum and offers various resources, including agriculture of income, liquidity and stable recipe.

At Aave, users can deposit their assets (for example Dai) and earn interest on them while waiting for loans or plunders. The protocol is also a mechanism of creditors to win prizes by borrowing assets at a higher rate than the market rate.

To use Aave, you will need:

• Create an account and connect the wallet

2

• Configure the loan strategy (for example, borrowing 10% of your wallet)

• Interesting your deposited assets

Relative force indicator (RSI)

The relative strength indicator (RSI) is a popular indicator of the moment developed by J. Welles Wilder in the 70s.

RSI is calculated as follows:

• Calculate the difference between the current and previous/low value (h/l)

• Divide the result by an average height (0% on normal markets, 50% for strong growth, -50% for a strong decrease)

• Multiply the result to 100

RSI oscillates between:

• 30-70: Overboud (SuperDiMP conditions are present)

• 70-80: neutral

• 80-90: Orsed (the market will probably continue to decrease)

• 90-100: carried out (the market will probably continue to grow)

RSI can be used as:

• Trade tool for identifying possible purchase or sale signals

• Asset price measurement indicator

• Structure for analyzing market trends and identification of support and resistance areas

To sum up, the domain of the market order, Aave and the relative forces index (RSI) are of key importance for successful encryption investments. Understanding these concepts, you will be better prepared to make informed decisions and browse the complex world of cryptocurrency markets. Remember to always conduct your own research, define realistic expectations and never invest more than you may lose.