Showing posts with label Stock Quote Understanding. Show all posts

How to Buy the Graph Coin – Quick Steps

How to Buy the Graph Token – Beginner’s Guide

Looking to buy the Graph coin (GRT) and invest in Web 3.0? GRT is the native token for the Graph Network. This is a data indexing system serving blockchain developers like Decentraland, Uniswap, and Aave. Developers use the Graph Network to build DApps (Decentralised Applications). The DApp sector is expected to be worth over $360bn by 2027.

Below we review GRT as an investment. We pinpoint where to buy the Graph crypto. We focus on one broker and three exchanges. So you stay safe, we are looking for regulated vendors with beginner-friendly options (as well as low fees). With its strong social trading options, we recommend broker eToro as the all-around best place to buy the Graph coin in 2022.

How to Buy the Graph Coin – Quick Steps

Want to buy cryptocurrency in 2022 safely and with low fees? Here’s how to get your hands on the Graph coin in less than five minutes:

ð Step 1: Open an account with eToro – with SEC regulation and low fees, eToro.com is a great place for US investors to start their crypto journey. Get verified with proof of address and ID.

ð Step 2: Deposit – With eToro you can deposit USD using debit/credit cards, bank transfers, and e-wallets. No deposit fees.

ð Step 3: Search for the Graph coin – eToro supports a growing list of 45 major cryptos including the Graph coin. Quickly search using eToro’s top toolbar.

ð Step 4: Buy – buy GRT and eToro will hold it for you, and then buy it back when it suits you. Balance your crypto investment and check out eToro’s 500+ stocks and 250 ETFs.

Where to Buy the Graph Coin

Below we tackle the question of where to buy the Graph crypto with a review of top broker eToro and three of the best crypto exchanges:

1. eToro – Best Broker to Buy the Graph Coin with Tight Spreads

eToro-logo

With reputable broker eToro, you can buy Graph coins for as little as $10. eToro is a great broker to use from the USA because eToro accounts run on USD — so there is no currency conversion fee when you deposit and withdraw your native currency. What’s more, from the USA you can ‘go short’ on crypto (which means you gain when the price drops, rather than rises); this is a useful option in the volatile crypto sector.

With eToro you can invest in the Graph with zero commission fees. A tight spread fee of 2.9% applies. Over 150,000 eToro investors follow the Graph price.

23m investors worldwide choose eToro to invest with. Many are crypto beginners drawn to eToro’s heavy emphasis on social trading. Social trading means you don’t have to figure out everything yourself. You can ask for help from fellow investors as well as benefit from two powerful eToro copy trading tools: CopyTrader and CopyPortfolios.

With CopyTrader, you can put some of your cash into the hands of a more experienced crypto trader and let them make the tough decisions. Choose from over 600 traders. Review their performance stats, trades, and risk rating. Allocate as many funds as you want and the CopyTrader software will use this money to copy your chosen trader(s) in real-time. You can copy up to 100 traders at the same time and withdraw your cash whenever you like.

eToro’s crypto smart portfolios mean that real experts have your back. There are 8 crypto portfolios in all. Each is devised by eToro experts to deliver a particular crypto investment strategy. Napoleon X, for example, uses AI algorithms to trade crypto pairs; this has achieved an impressive 147% return in the last 12 months. The DeFi portfolio focuses on a holding of DeFi coins and boasts 52% growth in the last 12 months.

A minimum investment of $500 applies to most smart portfolios. (One potential inconvenience with smart portfolios is that you cannot sell out of the portfolio position piecemeal like you can with an Exchange-Traded Fund. You must sell your position in one go.)

Other free stuff from eToro includes a $100k demo account where you can practice crypto trading, as well as the eToro Money crypto wallet, which allows you to send, receive and exchange key crypto. Also free is the popular eToro smartphone app, which allows you to trade crypto and keep an eye on the markets whilst you are on the move.

For US citizens, in particular, eToro offers the reassurance of regulation by stringent SEC and FINRA as well as registration with FinCEN. Elsewhere around the world eToro is regulated by the UK’s FCA as well as ASIC in Australia and CySEC in Cyprus.

Pros

ð Buy and sell the Graph coin commission-free

ð Free eToro Money crypto wallet and smartphone app

ð Balance your crypto investment with stocks and 250+ ETFs available

ð 23m verified users

ð Regulated by the FCA, ASIC, and CySEC

ð 45+ cryptocurrencies available including Ethereum and XRP

ð Smart Portfolios and CopyTrader

Cons

ð $5 fee every time you withdraw funds

ð No telephone help service (email ticketing system instead)

ð Cannot use PayPal from the USA with eToro

ð Crypto assets are a highly volatile unregulated investment product.

2. Crypto.com – Reputable Crypto Exchange with Beginner-Friendly Mobile App

crypto.com logo

Unlike broker eToro, Crypto.com is a crypto exchange. Based in Singapore, Crypto.com is a big operation. It is the tenth-largest exchange by trading volume ($1.7bn worth of crypto traded per day according to Coinmarketcap.com). It has 3000 employees and 10m users. With this sort of backing, you get a great range of 170+ crypto that you can buy in one place, including Graph coin, Ethereum, Solana, XRP, and more.

If you want to invest in the Graph swiftly and simply, Crypto.com has your back. Download the exchange’s beginner-friendly smartphone app and you can buy the Graph coin with a credit card. For your first 30 days, no credit card fees apply. Thereafter, a standard credit card fee of 2.99% applies. (Note that eToro, on the other hand, charges no fee for credit card deposits).

If you want to invest in the Graph on the desktop site, you need to invest in some crypto to trade with: Tether, USD Coin, Bitcoin, and Crypto.com’s native crypto CRO. Crypto.com uses a maker/taker fee schedule (like Binance), which means you will likely be charged 0.4% on transactions.

Where Crypto.com stands out is in its advanced tools and crypto finance options. You can use advanced trading orders as well as trade on margin. You can get involved in derivatives and futures contracts.

For crypto staking – which means lending your crypto out to interest – Crypto.com offers a ‘Supercharger’ option. With it, you can stake crypto for 30 days to earn rewards without what is known as a ‘lock-in’. This gives you the flexibility to move crypto in and out, whilst still earning interest whenever your crypto is staked. Crypto loans are available too, as well as a Visa card that you can use to spend your crypto.

How about security? Crypto.com scores highly here. 100% of client crypto is held in ‘cold’ storage (ie. offline) via big-name partners Ledger. USD balances of US residents are held at Metropolitan Commercial Bank, an FDIC member, an insured depository institution, and insured individually up to USD $250,000. A $750m general insurance fund is held to reimburse any clients who suffer the unlikely fate of being hacked and stolen from.

In summary, Crypto.com offers plenty of powerful tools for the more ambitious crypto trader. But complete newbies might want to stick with highly-regulated eToro and its simple purchase options.

Pros

ð Low maker/taker fees

ð 100% of client crypto is held in cold storage

ð Trade over 170 crypto

ð $50 sign-up bonus

ð Free crypto wallet app

ð Instantly buy crypto with a credit/debit card

Cons

ð Cannot use fiat currency on the main site

ð Card fees are relatively high after a 1-month fee-free period

ð Crypto assets are a highly volatile unregulated investment product.

3. Coinbase – Popular Cryptocurrency Exchange with Huge Asset Portfolio

coinbase logo

Based out of San Francisco, Coinbase is ranked second of all crypto exchanges by Coinmarketcap.com, with a daily trading volume of over $2bn and 73m users. Coinbase is regulated in all US states where it operates and was the first exchange to be traded on the stock markets with an IPO on Nasdaq in 2021. (You can trade Coinbase stock (COIN) on eToro).

From the US, you can buy the Graph coin with Coinbase as simply as you would with eToro. You get signed up, deposit USD in your account, find the Graph token, enter the amount you want to buy, and open the trade. Or you can make instant purchases with a debit card, PayPal, Apple Pay, or Google Pay. With 158+ other crypto to choose from, you can shop around too.

Coinbase scores highly when it comes to security, with 98% of client funds kept in cold storage. But a potential downside with Coinbase is the lack of simplicity when it comes to fees. The exchange charges a mixture of commission, flat fees, and spread fees which can be confusing – not to mention expensive. The exchange pledged last year that a new fee system was on its way.

To US investors, Coinbase offers a special Visa card that allows you to spend your crypto as if it were USD, as well as build up rewards. You also get a free Coinbase crypto wallet. You can earn free crypto too by completing learning modules online.

Like eToro, Coinbase is set up to make things particularly easy for the crypto beginner. But it lacks eToro’s social trading options.

Pros

ð Upgrade to Coinbase Pro for cheaper fees

ð Free Coinbase crypto wallet

ð Range of 159+ crypto to trade

ð Free crypto wallet app

ð Free crypto incentives

Cons

ð Confusing fee structure

ð High card fees: 3.99%

ð Crypto assets are a highly volatile unregulated investment product.

4. Binance – Leading Exchange to Buy the Graph Coin with Credit Card

binance logo

Binance is the biggest crypto exchange in the world with almost $11bn worth of business done every day. Here you can buy the Graph coin (GRT) as well as 400 other cryptos, and benefit from 0.1% maker/taker fees.

A downside of Binance is that it lacks the stringent regulation offered by eToro, and that secured by exchanges Crypto.com and Coinbase. Also, Binance can be bewildering for the beginner. To keep things simple, we recommend opting for the ‘classic’ view on the desktop version of ‘Binance Lite’ on the Binance smartphone app.

If it is a choice of crypto options you are looking for, though, you are in the right place. You can buy crypto with Binance in at least 4 ways:

1. Instant buy using credit card (2% commission)

2. Depositing USD in your account and using those funds

3. Exchanging crypto you own for another crypto

4. Trading direct with other investors using P2P trading.

Numerous crypto staking options are also available with Binance. And if you buy Binance Coin, the in-house crypto, you can use it to pay for trading fees and potentially save 25% on margin/spot trading fees and 10% on futures fees.

Like Crypto.com and Coinbase, Binance offers a proprietary Visa card that you can use to spend your crypto. Unlike eToro, though, there is no social trading with Binance. But you are not completely on your own: 24/7 phone support is offered.

When it comes to security, Binance’s giant size makes it a target for hackers. But a general insurance fund called SAFU comprising 10% of all trading funds is held by Binance to support investors in the unlikely event of them getting hacked. The Binance smartphone app has got excellent ratings: 4.7/5 from 96k reviews on the App Store, and 4.3/5 from 570k reviews on Google Play.

Pros

ð Low trading fees (0.1% commission)

ð 400+ crypto to choose from, including GRT

ð Numerous ways to buy crypto

ð Binance ‘SAFU’ insurance fund

ð Free Binance Trust crypto wallet

ð 24/7 phone support

ð Crypto futures trading

Cons

ð Unregulated by financial authorities

ð Many options can be overwhelming for crypto newbies

ð Crypto assets are a highly volatile unregulated investment product.

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How to Understand a Stock Quote

For many years, stocks have possessed a certain intrigue that is unparalleled when assessing investment opportunities. They are virtually a ticket to own and be a part of the story of a business. Shares can be obtained by just about anyone willing to take a chance with their investment dollars.

Each weekday there are millions of orders routed through the major financial exchanges. In reality, the market acts as an auction house for buying shares of publicly traded securities. Only when buyers and sellers agree on a price is an order executed. The key data points communicated to the exchanges in order to come to an agreed-upon price are what create a stock quote. Before interpreting a stock quote, one must first understand the data and what each of the points represents.

Initially, stock quotes can appear confusing, but once their components are broken down, they provide a valuable snapshot of a company.

Understanding Stock Quote Data

When a buyer or seller places an order for a specific stock several key pieces of information need to be included, such as the security of interest, its ticker symbol, the price that the buyer or seller is willing to pay for or sell the shares at, and the number of shares to buy or sell.

Below is an example of what a stock quote looks like, using a historical example from 2014 to illustrate the concept:

The bid and ask prices shown on a stock quote represent the highest bid price and the lowest ask price for the security in question. In this sample case of Microsoft Corp. (MSFT) above, the highest price that buyers are willing to pay is $46.39. On the other hand, sellers are only willing to sell shares for $46.40.

Many stock quotes will also show the number of shares that are available for trading at both the bid and the asking price. Stock prices are subsequently determined by changes in supply and demand. As more investors demand to buy shares, the price of the security rises. As more sellers become available, the increased supply of shares available will then send prices lower.

The data point found in the "last trade" field is the price at which the last trade was executed. This figure is often compared to the closing price from the previous session. After a trading session is closed, the last traded price is used to create various charting types such as the line chart.

The opening price is the first trade price that was recorded during the day’s trading. This figure is often used in relation to the current price or the closing price from the previous trading session in an attempt to quantify the stock's movement.

Typically, the previous closing price will be the next session's opening price, but this is not always the case. A sharp change between the last traded price and its open generally suggests that a stock is experiencing strong momentum, either positive or negative depending on whether the current session's opening price is higher or lower than the previous session's closing price. It often represents an interesting trading opportunity. The day’s high and low are also common data points found within a stock quote. This data is generally used by traders as a measure of volatility.

How Does Quote Data Appear on a Stock Chart?

One of the most popular charting types incorporates stock quote data by highlighting the open, high, low, and close. As you can see from the chart below, the notches on the bar indicate the price levels where MSFT opened and closed.

The left bar represents the open while the right bar represents the close. You’ll also notice that in the situation where the close is below the open, the bar will usually be colored red. Furthermore, the top of the bar represents the day’s high while the lowest point on the bar represents the day’s low.

Digging a little deeper into the numbers on a stock quote can reveal even more useful information and be extremely beneficial when comparing companies in similar industries. The market capitalization (or market cap) is the total dollar value of all the company's outstanding shares.

Shares short is the number of shares that are being sold short. These are shares that are borrowed with the hopes that they will go down in price. Short interest as a percent of shares outstanding conveys what percentage of total outstanding shares are sold short, but haven't been covered or closed yet. Investors use this figure to forecast the direction of the particular stock, or the market in general, and to assess investor sentiment.

The dividend, distribution of company earnings to shareholders, represents the amount paid out per share. The ex-dividend date is essentially the cut-off date to which a holder of the stock is entitled to a dividend payment. If purchased on this date or later, the holder will not receive the dividend.

The pay date will be the day the dividend will be paid to shareholders, while the dividend yield is the percentage paid out per share on an annual basis relative to the share price.

Earnings per share is the sum of earnings paid per share in the last 12 months. The price-to-earnings ratio, or P/E, is a ratio that measures the level of earnings received in regard to price. This ratio can be effective in determining which companies are of greater value. Typically, a lower P/E is ideal when analyzing companies categorized in the same industry.

Meanwhile, beta measures a security's sensitivity to the overall market. For example, a beta of one means the stock moves with the market, while a beta of 1.1 indicates the stock moves 10% more than the market.

The Bottom Line

Stock quotes consist of many data points. It's important that traders understand the key data points such as bid, ask, high, low, open, and close. Being able to analyze this pricing and trend data allows traders and investors to make better-informed trading decisions.

The key is to not allow the extensive series of numbers to discourage you when a quote shows information. Quotes are an excellent way to compare companies in industries that are alike. For some, these financial snapshots of numerical data for publicly traded companies can provide immediate perspective on whether or not a company is a worthwhile investment.

How to Hedge Surging Commodity Prices When Implied Volatility Explodes

Commodity prices have rocketed higher, and the rally has made it challenging to use options to hedge your exposure. Typically, you might consider using options contracts if you want to buy or sell and limit your risk.

If you thought corn or oil prices had moved too high too fast, you might consider using a put to bet on a decline in the price. One of the issues you might face if prices have raced is that the premiums charged for buying options have accelerated sharply.

One of the ways you can gauge if options are expensive or cheap is to chart at-the-money options' implied volatility. Implied volatility is the market’s view of future volatility and is the component used to price call and put options.

From the implied volatility chart of the Teucrium Corn ETF (CORN), which holds Chicago Mercantile Exchange futures contracts, you can see that implied volatility has spiked to the highest levels on record for this Corn ETF.

Let’s assume you owned CORN and wanted to keep your position but did not want to purchase a put because implied volatility is so high. You can offset that cost of the put by buying a zero-cost collar. When you use this trading strategy, you purchase an out of the money put and simultaneously sell an out-of-the-money call.

Since you are buying and selling options, your exposure to high levels of implied volatility is mitigated. The deal you are making is that you are willing to give up some of your future upsides to protect yourself from a decline in the price. The zero-cost collar gets its name because the value of the purchase is offset by the call you sold.

Our other posts are. . .

https://jamilbusiness.blogspot.com/2022/02/why-bitcoins-are-important.html

2. https://jamilbusiness.blogspot.com/2022/02/price-variations-in-etherm-coins.html

3. https://jamilbusiness.blogspot.com/2022/03/key-characteristics-of-successful.html

4. https://jamilbusiness.blogspot.com/2022/04/how-to-understand-stock-quote.html

5. https://jamilbusiness.blogspot.com/2022/04/how-to-buy-graph-coin-quick-steps.html

6. https://jamilbusiness.blogspot.com/2022/04/how-to-make-money-online-best-practices.html

7. https://jamilbusiness.blogspot.com/2022/04/making-heartfelt-associations-on-myspace.html

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