_{**This is my entry in the contest sponsored by @steemblog: [Steemit Crypto Academy Weekly Update : The First Courses [ February 8th ]](https://steemit.com/hive-108451/@steemitblog/steemit-crypto-academy-weekly-update-the-first-courses-february-8th). In reply to homework assignment by teacher: @besticofinder [ Sri Lanka ], [Introduction to cryptocurrency trading](https://steemit.com/hive-108451/@besticofinder/introduction-to-cryptocurrency-trading). I call on all Steemit.com users to join the initiative. @betzaelcorvo, @juanmolina, @corinadiaz**}

### Altcoin # ##### A given cryptocurrency may run on its own blockchain, as well as, it may have been developed on some other previously existing platform. # In the case of Altcoin are cryptocurrencies built on Bitcoin or as a fork with technology derived from it, having compatibility in its code and concept. Its intention is to diversify Bitcoin trading and offer access to the customer. For this reason, its operation and behavior in the market may have a certain relationship with bitcoin in terms of fluctuation, acceptance in exchanges, creation of pairs, compatibility in products and services. # https://cryptofeed.ru/wp-content/uploads/2018/07/https_2F2Fs3-ap-northeast-1.amazonaws-950x534.jpg_{[source](https://cryptofeed.ru/news/kakie-kriptovalyuty-okazalis-samymi-populyarnymi/)} # Its value is lower than bitcoin, however, given that the movement in the Bitcoin blockchain positively impacts its cost, many customers choose to trade with these cryptos, as they are related, with a more reasonable price. They are cryptocurrencies that enjoy great security, liquidity and acceptance, even though exchange rates are still somewhat high. # Among the most traded AltCoins in the market we can mention: **Ripple (XRP)**, **Litecoin (LTC)**, **Cardano (ADA)**, among others. # * **XRP**: It is a system with peer to peer technology, fast and secure, created to function as a kind of banking extension with a decentralized philosophy. * **LTC**: Open source software with a protocol similar to bitcoin, with lower interest rates than those offered by bitcoin, therefore, its market quotation is of great volume and trust generator. * **ADA**: It is a cryptocurrency based in Switzerland, created to improve bitcoin's scalability problems, improving latency states. It stands out for its speed and flexibility for trading. # > Generally speaking, Altcoins are third-generation currencies built to generate adaptability and correct the bottlenecks generated by the Bitcoin network.

### StableCoin # ##### One of the problems of investing in cryptocurrency is the volatility of the market. # Investors are subject to potential risks, due to fluctuation and sudden changes in the trading environment. The creation of **Stablecoins** seeks to correct such behavior of the crypto space by offering coins backed by fixed value assets or irrefutable exchange behavior. # The intention of this software is to offer virtual assets that can withstand market variations without generating losses for the client, while becoming independent from the economic system dominated by **FIAT**. There are Stablecoins that commonly have their value anchored **1:1 with the US Dollar ($ USD)**. # Such is the case of: **DAI and MakerDAO**, based on the Ethereum blockchain. Among other **ERC-20** such as; **Tether**, **USDcoin**, **Gemini Dollar (GUSD)**, which are backed under an auditable **$ USD** system deposited in maximum security bank accounts. # https://criptoinforme.com/wp-content/uploads/2020/01/stablecoins-696x331.jpg_{[source](https://criptoinforme.com/mercado/experto-enumera-4-razones-para-el-aumento-de-las-monedas-estables-en-2020/)} # It should be noted, that Stablecoin are not only backed by **FIAT**, there are also some cryptos whose value is shielded, with equivalence in other cryptos, products or valuable materials, such as: Precious metals, such as gold and Gems, such as emeralds and diamonds. # Among some Stablecoins backed in gold, we can highlight: **PAX Gold, Digix Gold, GoldMint**, protected by confirmed gold reserves located in different parts of the world under strict security parameters, which the client can access at a given time for the exchange for physical gold, complying with the required security and confidentiality protocols.

# In conclusion, the **Stablecoins** are designed to protect the investor's funds and make the virtual financial system a robust security protocol where the customer can develop a win-win investment while maintaining your capital safe.
##### To finish the topic related to Stablecoins I want to mention a crypto which we all know that despite being created for another type of utility, it is based on a protection system that shares the Stable philosophy. # > I am referring to the SBD, whose value is anchored 1:1 with the US dollar ($ USD). Seeking that the common user who makes life in Steem Blockchain, can protect his investment by supporting the market falls that affect the STEEM. It is worth noting, that if we keep a certain amount of SBD in our Steemit.com Wallet its value will remain protected 1:1 with the dollar, including advantages such as when the value is rising as it is currently, which acts as a multiplying agent for the investment. But should it be the case, that the SBD falls to levels below the value of the USD, at the time of making an exchange to STEEM using the internal market of the Steemit.com platform, the amount of STEEM tokens obtained, will always be recognized with a value 1:1 with respect to the US dollar ($ USD). # Here we see a sample of the advantages of the Stablecoin philosophy offered through a decentralized social media platform, favoring its broad demographics and building trust.

# https://criptopasion.com/wp-content/uploads/2020/07/CEO-de-Binance-es-improbable-que-el-95-de-los.png_{[source](https://criptopasion.com/ceo-de-binance-es-improbable-que-el-95-de-los-proyectos-de-cifrado-bombeen-este-ciclo/)} # ### Trading pair # Trading pair is itself an action performed by the trader as a profit generating crypto trading strategy. Supported on the fluctuation, a pair of compatible cryptos must be chosen which must be monitored during a certain timeline where one proceeds to buy or sell them according to up or down behavior they have in the market. Supported mainly by statistical charts, or any other desired tool, the pair is monitored, taking advantage of the profits derived from the purchase and sale. There are also other types of exchange pairs, which refers to the association of cryptocurrency pairs offered by a given exchange in order to interoperate in its interface. The purpose of these pairs is to generate an operation within the platform system in order to make the exchanges effective and generate liquidity within the exchange, the two types of pairs mentioned should not be confused in any case, as their purposes are different as well as the operation process. The first refers to an action executed by the user and the other to an internal process of the exchange system.
#### FUD (Fear, uncertainty and doubt) # It is understandable that when trading cryptocurrencies one may feel uncertainty and indecision. According to the volatility of the market and the fact that blockchain is a relatively new technology which is being established as a global economic system, this reason can lead to erratic behavior on the part of the investor. It is worth noting that the worst part of FUD is the deliberation of opinions in the blockchain environment which can sometimes lead to the handling of false or speculative information which could cause a good investment opportunity to be overlooked. The movement of the virtual currency market is governed by human behavior and impulsive nature to business, you should seek advice and attend the matter of crypto trading with special attention to achieve overcome the fear of business and achieve make the FUD (Fear, uncertainty and doubt), an ally that can be used rather as a warning and not as a detractor of our investments.

_{**The following sources were consulted:**

**https://academy.bit2me.com/que-son-las-altcoins/
https://es.cointelegraph.com/tags/altcoin
https://www.marketingguerrilla.es/que-es-el-fud-y-como-aplicarlo-en-tu-estrategia-de-marketing-para-vender-mas/**}

_{**Translated with www.DeepL.com/Translator (free version)**}
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